Athleisure Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 

Athleisure Market Growth & Trends

The global athleisure market size is expected to reach USD 662.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.9% from 2022 to 2030. Athleisure is a popular category because it taps into several broad trends, including a global shift toward consumers wearing more casual clothing, consumers seeking comfortable clothing, and health-conscious consumers engaging in more athletic activities and requiring performance clothing for these activities.

True Fit's Fashion Genome (via Direct Commerce), which analyses data from 17,000 brands and 180 million True Fit users, confirms that athleisure orders have increased by 84 percent since the pandemic began; sales of women's athleisure bottoms in the United Kingdom alone were five times higher in December 2020 than in April 2020. In addition, order volumes for men's athleisure wear sales increased by 20% from the previous year. Target's activewear line, All in Motion, which had only been launched before the pandemic, reportedly surpassed $1 billion in sales.

Despite this bleak outlook for fresh commercial opportunities, independent gear manufacturers continue to emerge, targeting those athletes who have remained committed to this sport. The majority of these new firms are the consequence of their creators' desire for a fresh running-apparel aesthetic or their ongoing hunt for high-quality athletic apparel.

According to GQ, at least a dozen new businesses have joined the market with identical origin stories in the previous five years. To mention a few, the British companies Ashmei and Iffley Road; the Danish brand Doxarun; and the American brands Isaora and Tracksmith, with the former focusing on high-end training gear and parkas and the latter investing in a retro Ivy League look.

The desire for highly comfortable clothes with sports features while undertaking any activity has increased in recent seasons, and wide pockets and elastic knot elements have become important products for carrying their large mobile phones, purses, and a few other daily essentials. The growing popularity of the utility fashion trend has spurred the demand for utility-active apparel.

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Athleisure Market Report Highlights

• By type, the mass athleisure segment dominated the market in 2021 and is projected to grow substantially over the forecast period
• The yoga apparel product segment is expected to expand at the fastest growth rate over the forecast period. The rising popularity and benefits of yoga as a mind-body fitness activity is leading to an increase in the number of yoga enthusiasts across the world
• North America captured the largest revenue share in 2021. Asia Pacific is anticipated to witness the fastest growth over the forecast period
• The market is highly competitive and fierce owing to the presence of a large number of international and regional players that are striving to innovate persistently

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Athleisure Market Segmentation

Grand View Research has segmented the global athleisure market on the basis of type, product, end user, distribution channel, and region:

Athleisure Type Outlook (Revenue, USD Million, 2017 - 2030)

• Mass
• Premium

Athleisure Product Outlook (Revenue, USD Million, 2017 - 2030)

• Yoga Apparels (Tops, Pants, Shorts, Unitards, Capris, Others)
• Shirts
• Leggings
• Shorts
• Others

Athleisure End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Men
• Women
• Children

Athleisure Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

Athleisure Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • UAE

List of Key Players of Athleisure Market

• Hanes Brands, Inc.
• Adidas AG
• Vuori
• PANGAIA
• Under Armour, Inc.
• Outerknown
• EILEEN FISHER
• Patagonia, Inc.
• Wear Pact, LLC
• Lululemon Athletica

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Smartphone Screen Protector Market to Register Stable Expansion During the Forecast Period: Grand View Research Inc

 

Smartphone Screen Protector Market Growth & Trends

The global smartphone screen protector market size is expected to reach USD 84.96 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% from 2022 to 2030. The demand for smartphone screen protectors is projected to be influenced by the rising concerns over the safety of smartphones from screen damage caused by high-impact drops and scratches over the forecast period.

A large number of individuals use smartphones all across the world. Because of their increasing popularity, a variety of add-on devices have been developed to improve the overall functionality of smartphone devices. One such item is a smartphone screen protector, which, as the name implies, shields the phone's screen against scratches and other forms of damage. In the coming years, technological improvements in product development, such as the increased use of 3D technology, which improves user experience, are expected to provide profitable prospects for smartphone screen protector makers.

Due to its superior risk-reduction capabilities, tempered glass has become the most used material for product manufacturing. Furthermore, with the changing consumer preferences, the smartphone screen protector industry is expected to evolve dramatically. Furthermore, the market is expected to grow due to the improved adhesive characteristics and lower pricing for tempered glass screen protectors over the forecast period.

The USD 450-550 price range segment is expected to register a significant CAGR from 2022 to 2030. Over the projected period, the introduction of low-cost premium technology items, mainly in developing economies such as India, China, and Brazil, is likely to boost the growth. Furthermore, consumers are projected to demand more tempered glass screen protectors as the price of these protectors falls. The market is consolidated with the presence of a large number of international players and a few regional players.

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Smartphone Screen Protector Market Report Highlights

• By price range, the USD 250-450 segment is projected to register a CAGR of 7.0% from 2022 to 2030. Demand for screen protectors is predicted to increase as demand for low-cost smartphones in the USD 250-450 range grows. In addition, over the projected period, rising disposable income among middle-class customers is expected to fuel the demand for protective smartphone accessories. Furthermore, the business is characterized by a large demand for TPU-based screen protectors, which are relatively inexpensive
• Due to the increased acceptance of premium technology high-price smartphones, the U.S. is predicted to expand at a CAGR of 6.5% from 2022 to 2030. In addition, the rising demand for protective smartphone accessories, together with the rising consumer disposable income, is likely to boost the growth throughout the projected period
• Asia Pacific is expected to register the fastest CAGR from 2022 to 2030. Increasing smartphone sales, particularly in developing markets like India and China, are likely to fuel the industry expansion

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Smartphone Screen Protector Market Segmentation

Grand View Research has segmented the global smartphone screen protector market on the basis of material, price range, and region:

Smartphone Screen Protector Material Outlook (Revenue, USD Million, 2017 - 2030)

• Tempered Glass
• Polyethylene Terephthalate
• Thermoplastic Polyurethane

Smartphone Screen Protector Price Range Outlook (Revenue, USD Million, 2017 - 2030)

• Below USD 175
• USD 175 - 250
• USD 250 - 450
• USD 450 - 550
• USD 550 - 700
• Above USD 700

Smartphone Screen Protector Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Smartphone Screen Protector Market

• IntelliARMOR
• AZ Infolink Private Limited
• Halloa Enterprise Co. Ltd.
• ZAGG Inc.
• Belkin International, Inc.
• Corning Inc.
• Ryan Technology Co. Ltd.
• NuShield Inc.
• Xtreme Guard
• Free S.speed International Co., Ltd.
• Clarivue
• Jiizii Glass
• Protek
• FeYong Digital Technology Limited
• Shenzhen Yoobao Technology Co. Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Germany Consumer Appliances Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Germany Consumer Appliances Market Growth & Trends 

The Germany consumer appliances market size is expected to reach USD 31.86 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2022 to 2030. Germany is considered a mature and developed market in the consumer appliances industry. Germany has been the focal point of development in the European region in terms of innovation and considering the requirements of the consumers. 

The sales of household appliances in the German market depend upon the trade deals for the remodeling and renovation of houses or exchange and upgradation of older household appliances. The technical and mechanical advancements in home appliances products have contributed towards enhancing the way of life of individuals in Germany. A wave of change in the use of these products can be seen because of the increasing disposable income of German citizens and the fast urbanization patterns occurring in different parts of the world. 

The consumer appliances industry has been subdivided into two major parts - household appliances and kitchen appliances. The household appliances, also known as white goods, include refrigerators, washing machines, vacuum cleaners, and others. The others segment includes water heater, purifiers, iron, and more. The kitchen appliances include microwave ovens, stoves and ovens, hoods, dishwashers, and other appliances like blender, mixer, toaster, and more. Small household appliances such as blenders, toasters, mixers, and many more also support the growth of the overall home appliances industry in Germany but at a slow pace. 

The consumer appliances market in Germany has been fragmented based on distribution channel into e-retailers, discount, variety stores and general merchandisers, hypermarkets, supermarkets and discounters, department stores, and others. Although e-retailers and departmental stores have been mostly used by buyers, the e-commerce business is relied upon to be the quickest developing distribution channel in the coming future. 

Web-based business is the main driving force for household appliance purchases. This, in blend with creative credit plans, discounts, and offers is making the procurement of household appliances less demanding for middle-income people. The significant players in the home appliances market in Germany are Haier Electronics Group Co. Ltd., Whirlpool, Electrolux AB, LG Electronics, Panasonic Corporation, Samsung Electronics, Arcelik A.S., and Gorenje Group to name a few. 

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Germany Consumer Appliances Market Report Highlights 

• The household appliances product segment dominated the market and held a revenue share of over 70.0% in 2021. This can be attributed to the growing purchasing power of the consumers in Germany
• The kitchen appliances product segment is expected to register the fastest CAGR of 7.2% during the forecast period
• Based on distribution channels, e-retailers like Amazon and Otto are expected to register the fastest CAGR over the forecast period. Department stores like Aldi and Metro are expected to witness growth during the forecast period
• Out of the many commercial players in this market space, the big players who are going to enjoy a major market share are Whirlpool, Electrolux AB, LG Electronics, Panasonic Corporation, Samsung Electronics, Arcelik A.S., and Gorenje Group

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Germany Consumer Appliances Market Segmentation

Grand View Research has segmented the Germany consumer appliances market based on product and distribution channel:

Germany Consumer Appliances Product Outlook (Revenue, USD Million, 2017 - 2030)

• Household Appliances
• Kitchen Appliances

Germany Consumer Appliances Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• E-retailers
• Discount, Variety Stores and General Merchandisers
• Hypermarket, Supermarket and Discounters
• Department Stores
• Others

List of Key Players of Germany Consumer Appliances Market

• Panasonic Corporation
• BSH Hausegrate GmbH
• Electrolux Group
• Gorenje
• Arcelik A.S.
• Bosch
• Miele
• Thermador
• Gaggenau
• Liebherr

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Zinc Oxide Market Revenue is Expected to Reach USD 8.1 Billion by 2030: Grand View Research Inc.

 Zinc Oxide Market Growth & Trends

The global zinc oxide market size is estimated to reach USD 8.1 billion by 2030, registering a CAGR of 6.9% during the forecast period, according to a new report by Grand View Research, Inc. Growth can be attributed to the rising product demand for vulcanization of rubber in the tire industry. In addition, the growing consumption of premium skincare products in emerging economies due to the increasing disposable income is expected to drive market growth. The raw materials used to manufacture the product using direct processes include sulfuric acid and zinc chloride. The availability of raw material impacts zinc oxide (ZnO) prices and production.

Inconsistency in the prices of raw materials and regulations against the usage of the product in several end-use industries are likely to hamper the demand in the coming years. Asia Pacific is projected to be the largest and fastest-growing regional marketover the forecast period. Factors, such as the growing automotive industry and increasing consumer spending on personal care products, are likely to fuel the market growth in the coming years. Key players in the market are inclined towards mergers & acquisitions and joint ventures. For instance, In September 2017, Zinc Oxide LLC acquired Zochem Inc., a subsidiary of American Zinc Recycling Corp. LLC. This deal has increased the revenue and production capacity of the company.

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Zinc Oxide Market Report Highlights

• In 2021, indirect process emerged as the dominant process segment owing to the high productivity of the method
• Wet chemical is projected to grow at the fastest CAGR, in terms of revenue, from 2022 to 2030 due to the good dispersion offered by the ZnO produced using a wet chemical process
• Rubber was the dominant application segment in 2021 owing to the high demand for zinc oxide from the tire manufacturing industries
• Asia Pacific led the market in 2021 due to the growth of various end-use industries in the region
• North America is predicted to grow at a significant CAGR, in terms of revenue, from 2022 to 2030 owing to the presence of a large number of multinational companies in the region

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Zinc Oxide Market Segmentation

Grand View Research has segmented the global zinc oxide market on the process, application, and region:

Zinc Oxide Process Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Indirect
• Direct
• Wet Chemical
• Others

Zinc Oxide Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Rubber
• Ceramics
• Chemicals
• Cosmetics & Personal Care
• Paints & Coatings
• Pharmaceuticals
• Agriculture
• Others

Zinc Oxide Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • Spain
  • Russia
  • Belgium
  • The Netherlands
• Asia Pacific
  • China
  • Australia
  • India
  • South Korea
• South America
  • Peru
  • Bolivia
  • Brazil
• Middle East & Africa
  • Iran
  • South Africa

List of Key Players of Zinc Oxide Market

• US. Zinc
• Zinc Oxide LLC
• EverZinc
• Rubamin
• Grupo Promax
• Weifang Longda Zinc Industry Co., Ltd.
• Yongchang Zinc IndustryCo., Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Anastomosis Devices Market to Observe Strong Development by 2030: Grand View Research Inc.

 Anastomosis Devices Market Growth & Trends

The global anastomosis devices market size is expected to reach USD 5.84 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.6% from 2022 to 2030. The rising prevalence of cardiovascular and gastrointestinal diseases is poised to propel the demand for anastomosis devices in the forthcoming years. According to the WHO, an estimated 17.9 million people died from Cardiovascular Diseases (CVD) in 2019, which represented 32% of all deaths in the world. It also states that 85% of these deaths are due to strokes and heart attacks. Coronary Heart/Artery Disease (CHD/CAD) is the most common type of heart disease and approximately 805,000 Americans have a heart attack each year. Surgery is crucial for the treatment of such life-threatening diseases, thereby increasing the adoption of anastomosis devices in these surgeries.

The outbreak of COVID-19 impacted elective procedures. Restrictions of COVID-19 resulted in postponements to the number of procedures performed. Presently most countries have elevated restrictions on elective procedures. Consequently, there would be lucrative demand for anastomosis devices as these procedures start with full force. Besides, demand for healthier patient outcomes will drive the introduction of advanced technologies in anastomosis devices and promotes market growth. For instance, in October 2020, GI Windows Corp. raised $16.4 million in a Series A-1 funding that involved investment from Johnson & Johnson Innovation and others. The funds are allotted to improve the development and clinical trials of the firm’s anastomosis technology.

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Anastomosis Devices Market Report Highlights

• Disposable anastomotic devices will continue to dominate the market until 2030, commanding just over 88.0% of the overall revenue share. The growth can be attributed to wide product offering by various market players
• Reusable anastomotic devices are anticipated to exhibit a CAGR of about 6.0% over the forecast period owing to the increasing need to reduce biomedical waste
• Based on application, cardiovascular surgery held the largest share of the market in 2021 owing to the rising prevalence of CHD and the increasing number of CABG procedures around the globe
• The ambulatory care centers & clinics segment is anticipated to expand at a lucrative CAGR of 5.6% during the forecast period. Increasing healthcare expenditure owing to the rising prevalence of chronic diseases and cases of hospital readmissions has encouraged the expansion of outpatient centers
• North America was at the forefront in the global arena owing to the presence of well-structured reimbursement policies, widening base of the target population, and local presence of a large number of key players
• Asia Pacific is expected to register a lucrative CAGR of 6.5% during the forecast period owing to the growing geriatric population, rising incidence of CVD, rapid developments in the healthcare sector, and increasing disposable income
• Key market players are engaged in various strategies such as distribution agreements and product innovation to augment their market penetration. For instance, in November 2020, GI Windows Medical Corp. broadcasted that the self-forming magnetic compression anastomosis device has received U.S. FDA Breakthrough Device Designation

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Anastomosis Devices Market Segmentation

Grand View Research has segmented the global anastomosis devices market based on product type, application, end-user, and region:

Anastomosis Devices Product Type Outlook (Revenue, USD Million, 2017 - 2030)

• Disposable
• Reusable

Anastomosis Devices Application Outlook (Revenue, USD Million, 2017 - 2030)

• Cardiovascular Surgery
• Gastrointestinal Surgery
• Others

Anastomosis Devices End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Ambulatory Care Center & Clinics

Anastomosis Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa

List of Key Players of the Anastomosis Devices Market

• Medtronic
• LivaNova PLC
• MAQUET Holding B.V. & Co. KG.
• Dextera Surgical Inc.
• Vitalitec Internaional Inc.
• Synovis Micro Companies Alliance, Inc.
• Ethicon US, LLC
• Peters Surgical

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Aerosol Market Forecasted to Grow at Steady Pace During 2022-2030: Grand View Research Inc.

 Aerosol Market Growth & Trends

The global aerosol market size is anticipated to reach USD 131.9 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 6.6% during the forecast period. The rising demand for aerosol products from various end-use industries, such as personal care, household, automotive and industrial, and medical, is anticipated to drive the growth. Aerosol paints are being increasingly used for automotive as well as architectural paint applications. Uniform propulsion, ease of application, and aesthetic appeal of aerosols are key factors driving their demand in architectural and automotive paint end-use industries.

Furthermore, the rapidly expanding construction sector, especially in developing countries such as India, China, Vietnam, and Indonesia, is expected to further fuel the product demand in paint application. Globally, the cases of respiratory diseases, such as asthma and Chronic Obstructive Pulmonary Disease (COPD), have considerably increased over the past several years, majorly due to the changing lifestyle and rising geriatric population. The growing cases of such respiratory diseases are principally driving the demand for aerosol-based inhalers. In addition, high demand for various pain relief sprays owing to their convenience of application is further anticipated to expand the market growth in the coming years. Asia Pacific is among the significant regional markets.

The rising demand for personal care products from developing countries is anticipated to propel the demand for aerosol. In addition, increasing awareness regarding cleanliness and hygiene is boosting the growth of household products like cleaners, sanitizing agents, and air fresheners. The growing demand from Asia Pacific is encouraging aerosol manufacturers to increase their production. For example, in February 2019, Vanesa Care announced plans to set up its fourth manufacturing facility in India. The global market is highly competitive with numerous players involved in acquisitions and expansions. In addition, they also conduct R&D for the emerging sectors, such as household and personal care.

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Aerosol Market Report Highlights

• The personal care application segment accounted for the largest revenue share in 2021 due to extensive usage of aerosol in deodorants, hair mousses, hair sprays, and others due to its convenience, which contributed to the growth of this segment
• The automotive & industrial application segment is anticipated to grow at a steady CAGR from 2021 to 2030 due to increasing preference for aerosol-based greases and oils by the automobile service stations
• Asia Pacific is estimated to be the fastest-growing regional market from 2021 to 2030 on account of the rising penetration of retail, growing construction activities, and increasing sales of automobiles
• The market in Europe is expected to witness sluggish growth in the coming years owing to the regulations regarding Volatile Organic Compounds (VOCs) emissions imposed by the European Commission and Environmental Protection Agency (EPA)
• The global market is highly competitive owing to the presence of major players like Proctor & Gamble, Reckitt Benckiser, etc.

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Aerosol Market Segmentation

Grand View Research has segmented the global aerosol market on the basis of material, type, application, and region:

Aerosol Material Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• Steel
• Aluminum
• Others

Aerosol Type Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• Bag-In-Valve
• Standard

Aerosol Application Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• Personal Care
  • Deodorants
  • Hair Mousse
  • Hair Spray
  • Shaving Mousse/Foam
  • Suncare
  • Others
• Household
  • Insecticides
  • Plant Protection
  • Air Fresheners
  • Furniture & Wax Polishes
  • Disinfectants
  • Surface Care
  • Others
• Automotive & Industrial
  • Greases
  • Lubricants
  • Spray Oils
  • Cleaners
• Food
  • Oils
  • Whipped Cream
  • Edible Mousse
  • Sprayable Flavours
• Paints
  • Industrial
  • Consumer
• Medical
  • Inhaler
  • Topical Application
• Others

Aerosol Regional Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Aerosol Market

• Proctor & Gamble
• Reckitt Benckiser
• Unilever
• Honeywell International Inc.
• SC Johnson & Son Inc.
• Henkel

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

India Consumer Electronics Market Estimated To Flourish By 2030: Grand View Research Inc.

 India Consumer Electronics Market Growth & Trends

The India consumer electronics market size is expected to reach USD 124.94 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.5% from 2022 to 2030. Rising disposable income, rapid urbanization, and the introduction of novel products in the market are expected to further contribute to the market growth.

The demand for flat refrigerators, washing machines, and TVs is rising with a decline in penetration of products vis-à-vis global levels, urbanization, and increasing disposable income of consumers. There has been an increase in imports from regions such as China and South-East Asia, considered to be low-cost regions, owing to certain free-trade agreements and the availability of low-cost products, in relation to costs about local manufacturing. To effectively suffice the rising local demand and export demand to the neighboring regions and the Middle East and Africa, global market participants are planning to expand their local manufacturing in India, thus making it an export hub.

However, presently the Indian manufacturers are facing challenges such as an inverted duty structure due to free trade agreements, which makes Indian manufacturing uncompetitive for white goods, including ACs, refrigerators, and washing machines. The non-applicability of Modified Special Packages Scheme (MSIPS) in several consumer durables; hiked excess duties, under-developed and insufficient local supplier base; and high-cost of manufacturing and capital costs owing to frequently changing energy efficiency requirements also contribute to this scenario.

The drivers contributing to the growth of this market relate to increasing levels of income and urbanization, improved affordability of products, product innovation, the availability of newer variants of products, easy consumer financing, and a rise in the share of organized retail. Increasing local value addition levels and growing investment will observe a manifold jump as an increasing number of OEMs are foreseeing the localization of their products in India.

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India Consumer Electronics Market Report Highlights

• The televisions product segment accounted for the second-largest revenue share in 2021. The increasing per capita income, burgeoning middle class, and increasing standard of living in the country are leading to a rise in demand for television sets. Promotion and advertisement activities carried out by the leading industry participants such as Samsung have positively augmented the market growth, and this trend is expected to continue over the forecast period
• The air conditioners product segment is expected to register a significant CAGR from 2022 to 2030. The increased spending power of the average Indian consumer, together with the strengthening of the residential sector in India, will contribute to an increase in demand for air conditioners in the country
• The digital cameras product segment is projected to register the fastest CAGR of 7.8% from 2022 to 2030. The demand in India has been stimulated by its rising popularity among consumers due to its capacity to offer high-quality images. In addition, rising interest in wildlife, fashion, and wedding photography has fueled the expansion of the digital camera market

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India Consumer Electronics Market Segmentation

Grand View Research has segmented India consumer electronics market on the basis of product:

India Consumer Electronics Product Outlook (Revenue, USD Million, 2017 - 2030)                          

• Smartphones
• Televisions
• Refrigerators
• Washing Machines
• Digital Cameras
• Air Conditioners
• Others              

List of Key Players of India Consumer Electronics Market

• Samsung Electronics Co., Ltd.
• LG Electronics, Inc.
• Godrej Appliances
• Sony Corporation
• Mitsubishi Electric Corporation
• Vijay Sales
• Panasonic Corporation
• Haier Consumer Electronics Group
• Bajaj Electricals Ltd.
• Hitachi Ltd.
• Toshiba Corporation
• Whirlpool Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

U.S. Acute Hospital Care Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 U.S. Acute Hospital Care Market Growth & Trends

The U.S. acute hospital care market size is expected to reach USD 2,635.6 billion by 2030 and is expected to expand at a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. Significant increase in the number of patients suffering from chronic diseases such as cancer, diabetes, heart disease, and stroke is driving the market growth. Increasing incidence of trauma, demand for acute hospitals, and unmet medical needs are expected to boost growth. In addition, technological advancements for improving the quality of treatment to reduce Length of Stay (LOS) and achieve a faster Turnaround Time (TOT) are expected to aid growth. As per the CMS Hospital Compare List, the U.S. has roughly 4,749 acute care hospitals.

According to Agency for Healthcare Research and Quality (AHRQ), the vast majority of these hospitals- about 70%- are part of a healthcare system. This trend may increase the importance of these facilities in determining how people are treated. According to CDC in 2018, each year, around 2.8 million people in the U.S. suffer from traumatic brain injuries, which lead to approximately 56,000 deaths and 282,000 hospitalizations. Around 2.5 million of these patients are treated and released from the emergency room annually. In addition, according to the National Spinal Cord Injury Association, each year, around 17,730 cases of spinal cord injury are recorded in the U.S., out of which, around 20% to 30% opt for neurological rehabilitation.

Acute hospital care aims to help patients attain stable and healthy medical conditions as well as discharge them as early as possible. The aforementioned factors are anticipated to drive the overall market growth in the coming years. The COVID-19 pandemic had a substantial impact on healthcare utilization across all sectors of the U.S. healthcare system. Hospitals were flooded with COVID-19 patients, straining ICUs beyond their customary capacity and increasing mental health boarding. ICU utilization declined following the initial increase, however, ICU/CCU days remained greater than that in 2019. As per Massachusetts HPC Report, ICU/CCU days increased by 10.0% between 2019 and 2020, despite a decline in admissions. Moreover, healthcare utilization of non-COVID-19 patients decreased as a result of a variety of factors, including state and federal guidance intended to preserve needed hospital bed capacity while minimizing infection transmission, patient reluctance to receive in-person care, and shift to telehealthcare.

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U.S. Acute Hospital Care Market Report Highlights

• The emergency care segment dominated the market in 2021 and is expected to maintain its dominance during the forecast period. This can be attributed to the growing incidence of accidents, burns, heart attacks, severe bleeding, acute infections, and other conditions. As per CDC, each year, roughly 130.0 million people visit emergency departments in the U.S. Adults aged 18 and over attended EDs at a rate of approximately 22.0% in 2019
• The general acute care hospital segment accounted for the maximum market share in 2021 owing to a growing number of admissions at these facilities. In recent years, there is a drastic shift of patients from EDs to these facilities, which is poised to surge segment growth
• The ICU segment held the major share of the market in 2021. This can be attributed to the growing patient population requiring intensive monitoring. Moreover, the ongoing COVID-19 pandemic is expected to boost the demand for intensive care
• Mergers and acquisitions and partnerships are some of the key strategies being undertaken by the market players. For instance, in June 2019, Community Health Systems, Inc. acquired Northwest Mississippi Medical Center in Clarksdale, Mississippi, with its 181 licensed beds and other outpatient and ancillary services

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U.S. Acute Hospital Care Market Segmentation

Grand View Research has segmented the U.S. acute hospital care market on the basis of medical condition, facility type, and service:

U.S. Acute Hospital Care Medical Condition Outlook (Revenue, USD Billion, 2017 - 2030)

• Emergency Care
• Short-term Stabilization
• Trauma Care
• Acute Care Surgery
• Others

U.S. Acute Hospital Care Facility Type Outlook (Revenue, USD Billion, 2017 - 2030)

• General Acute Care Hospitals
• Psychiatric Hospitals
• Specialized Hospitals
• Rehabilitation Hospitals
• Long Term Acute Care (LTAC)

U.S. Acute Hospital Care Service Outlook (Revenue, USD Billion, 2017 - 2030)

• Intensive Care Unit (ICU)
• Neonatal Intensive Care Unit (NICU)
• Coronary Care Unit (CCU)
• Others

List of Key Players of U.S. Acute Hospital Care Market

• TH Medical (Tenet Healthcare Corporation)
• Universal Health Services Inc.
• Community Health Systems, Inc.
• Ascension
• Lifepoint Health, Inc.
• Ardent Health Services
• Emerus Hospital Partners, LLC
• Stanford Health Care, Inc.
• NYU Langone Hospitals
• NewYork-Presbyterian Hospital

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Veterinary Medicine Market is Expected to Enhance USD 54.6 Billion Revenue By 2030: Grand View Research Inc.

 Veterinary Medicine Market Growth & Trends

The global veterinary medicine market size is expected to reach USD 54.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.3% over the forecast period. The companion animal segment is anticipated to demonstrate the fastest growth during the forecast period owing to the increasing prevalence of chronic diseases and rising demand for advanced treatment alternatives for canines suffering from chronic diseases. The COVID-19 pandemic resulted in regulatory changes, which are anticipated to iron out the disruptions, thereby increasing manufacturing and adoption of vet medicines in near future.

The federal government has taken various relief measures, which include new tax provisions, small business loans, and unemployment insurance to respond to the pandemic and support the veterinarians. AVMA has also taken supportive measures to support small veterinary businesses or practices. In August 2020, the USFDA stated that 6 out of 32 animal drug companies could soon face shortages who source their API from China. Due to labor shortage, there is also reduced capacity to work on animal health activities, such as vaccination, good biosecurity, and prophylactic treatment. The manufacturing units are taking preventive measures for the uninterrupted production of veterinary drugs.

The growing consumption of meat is fueling the demand for mandatory vaccination for animals, which results in market growth. According to The World Counts, meat consumption is estimated to range between 460-570 million tons by 2050. Such factors are expected to drive the demand for medicinal feed additives & antibiotics to boost livestock production and thereby fueling the market growth. An increase in the consumption of animal-based products, recent developments in feed production, implementation of innovative animal husbandry practices to advance meat quality, and standardization of meat products due to disease outbreaks have also boosted the demand for animal feeds, thereby creating growth opportunities for the companies operating in this space.

The new regulations on veterinary medicines and medicated feed enforced from January 2022 within the European Union are expected to support European Union action to fight against antimicrobial resistance. These types of supportive initiatives undertaken by regulatory bodies to keep antimicrobials (comprising antibiotics) effective based on a ‘One health’ approach are expected to maintain animal and public health. Moreover, it also improves the access to high-quality & safe-to-use medicines for livestock farmers, veterinarians, and pet owners. The market leaders are involved in strategic collaborations, acquisitions, investments in new product segments, mergers, and new product launches to sustain the competition.

For instance, in July 2021, Nutreco acquired Bigsal Nutrição Animal from H.I.G. Capital in Brazil. This strengthened the company’s position in the animal nutrition space, of the Brazilian market. In February 2021, Virbac opened the R&D facility dedicated to warm water aquaculture in Vietnam. The new facility would enable the development of vaccines, probiotics, and other products for aquatics. Initiatives like these are anticipated to propel market growth in the coming years. In October 2021, Boehringer Ingelheim invested an additional USD 112.68 million in its veterinary public health capacity in Lyon-Jonage, France. This new capacity will be one of the largest biotechnology manufacturing sites for veterinary vaccines in Europe. Leading players have maintained their market position in terms of product penetration, regional presence, revenue, as well as strategic initiatives.

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Veterinary Medicine Market Report Highlights

• The production animal segment is projected to register a significant CAGR over the forecast period. Increasing focus on food safety and sustainability by government healthcare organizations globally is contributing to the segment growth
• The biologics segment, which includes vaccines, is expected to exhibit the fastest CAGR over the forecast period owing to the increasing awareness regarding the importance of vaccination in animals
• The oral mode of administration is expected to grow at the fastest growth rate from 2022 to 2030 owing to the increasing incidence of chronic conditions in pets
• The reference laboratories segment is anticipated to witness lucrative growth in the coming years due to the high demand as laboratories enable testing of various infections, toxic agents, and different ailments in specimens obtained from pets
• North America held the second-largest revenue share in 2021, due to the high prevalence of zoonotic diseases in this region. Moreover, reimbursement programs across the U.S. make this continent a major contributor to the market
• Asia Pacific is anticipated to witness the fastest CAGR from 2022 to 2030 owing to the rising adoption of pet animals, growing concerns regarding animal health, and the high prevalence of diseases in animals

Access Press Release@ https://www.grandviewresearch.com/press-release/global-veterinary-medicine-market

Veterinary Medicine Market Segmentation

Grand View Research has segmented the global veterinary medicine market on the basis of animal type, product, mode of delivery, end-user, and region:

Veterinary Medicine Animal Type Outlook (Revenue, USD Million, 2017 - 2030)

• Production
  • Poultry
  • Swine
  • Cattle
  • Sheep & Goats
  • Fish
• Companion
  • Dogs
  • Cats
  • Horses
  • Others

Veterinary Medicine Product Outlook (Revenue, USD Million, 2017 - 2030)

• Biologics
  • Vaccine
    • Live attenuated vaccines
    • DNA Vaccines
    • Recombinant Vaccines
    • Inactivated Vaccines
    • Others
  • Others
• Pharmaceuticals
  • Parasiticides
  • Anti-infectives
  • Anti-inflammatory
  • Analgesics
  • Others
• Medicated Feed Additives

Veterinary Medicine Mode of Delivery Outlook (Revenue, USD Million, 2017 - 2030)

• Oral
  • Powder
  • Tablets
• Parenteral
• Suspension
• Topical
• Carrier

Veterinary Medicine End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Reference Laboratories
• Point-of-Care Testing/In-house Testing
• Veterinary Hospitals & Clinics
• Others

Veterinary Medicine Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • Japan
  • China
  • India
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players of Veterinary Medicine Market

• Merck Animal Health
• Ceva Sante Animale
• Vetoquinol S.A.
• Zoetis
• Boehringer Ingelheim GmbH
• Elanco
• Nutreco N.V.
• Virbac
• Kindred Biosciences, Inc.
• Biogenesis Bago
• Indian Immunologicals Ltd.
• Neogen Corp.
• Hester Biosciences
• Phibro Animal Health

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Global Market For Injection Molding to Witness Tremendous Growth and Expansion by 2030

 Injection Molding Market Growth & Trends

The global injection molding market size is anticipated to reach USD 397.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.8% from 2022 to 2030. The market is driven by the rising demand for injection-molded components from various end-user industries since it offers cost-effective and efficient methods for manufacturing high-volume production of parts and products. The market has witnessed growth especially from the medical industry, with the emergence of the COVID-19 pandemic, as this product can offer accuracy, a high range of operation, repeatability, and cleanliness. Furthermore, packaging manufacturers leverage injection molding with robotics to run faster production rates with cost-effectiveness.

The market has witnessed surged adoption in recent years on account of the manufacturing technology employed for producing complex products. Players incorporate industry 4.0 in their process, thereby optimizing the requirement of raw materials, lowering costs, increasing automation, flexibility among other things. COVID-19 pandemic had caused supply chain disruptions in 2020 resulting in losses for the service providers as demand from various end-user industries was halted. However, with the infusion of economic stimulus packages, manufacturers have adopted automation to shorten production cycle time, thereby increasing productivity and profits.

The demand for plastic injection molding is witnessing significant growth due to high tensile strength and high-temperature endurance that have led to the surged usage of engineering-grade plastic resins for molded products. Moreover, plastic resins enable a reduction in manufacturing waste, product weight, and overall manufacturing costs. Companies providing molding services are engaged in acquiring the latest technologies to meet the changing demands from the medical industries and increase manufacturing capacity. For instance, in August 2021, HTI Plastics installed a new 420-ton injection molding press with an integrated Engel Viper 20 robot to advance its machinery capabilities.

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Injection Molding Market Report Highlights

• The plasticssegment accounted for a revenue share of 98.3% in 2021 owing to its low cost and suitability for high-volume production runs and applications that require consistency in design and strict tolerances
• The medical application segment is expected to witness a CAGR of 5.7% from 2022 to 2030 owing to growing accessible treatment for surgical and diagnostic procedures used to prevent, treat, and rehabilitate illness
• In Asia Pacific, the market is expected to witness a CAGR of 5.5% over the forecast period on account of expanding healthcare infrastructure, automobile, packaging industry coupled with growing research and availability of skilled labor
• In February 2022, Beacon Medtech Solutions announced a partnership with Sumitomo Demag to increase its molding press capacity to expedite the manufacturing and delivery of precision plastic and silicone components
• In February 2022, Comar, a medical device and packaging solution provider acquired Automatic Plastics Ltd. Through this acquisition, the company aims to strengthen its presence in the pharmaceutical and medical sectors

Access Press Release@ https://www.grandviewresearch.com/press-release/global-injection-molding-market

Injection Molding Market Segmentation

Grand View Research has segmented the global injection molding market on the basis of material, application, and region:

Injection Molding Material Outlook (Revenue, USD Million, 2017 - 2030)

• Plastics
• Metals
• Others

Injection Molding Application Outlook (Revenue, USD Million, 2017 - 2030)

• Packaging
• Consumables & Electronics
• Automotive & Transportation
• Building & Construction
• Medical
• Others

Injection Molding Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • UK.
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE

List of Key Players of Injection Molding Market

• C&J INDUSTRIES
• All-Plastics
• Biomerics
• HTI Plastics
• The Rodon Group
• EVCO Plastics
• Majors Plastics, Inc.
• Proto Labs, Inc.
• Tessy Plastics
• Currier Plastics, Inc.
• Formplast GmbH
• H&K Müller GmbH & Co. KG
• Hehnke GmbH & Co KG
• TR PLAST GROUP
• D&M Plastics, LLC

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.