Wednesday, 22 April 2020

Low-Fat Yogurt Market Projected to Register 10.4% CAGR through 2025


Low-Fat Yogurt Market

The global low-fat yogurt market is anticipated to reach USD 28.2 billion by 2025, according to a new report by Grand View Research, Inc. Various health benefits associated with the consumption of low-fat dairy products and the rise in production of organic flavored products are expected to boost the industry growth.

Players operating in the industry are investing in research and development activities to innovate new products and gain a competitive edge over their competitors. These players are adopting process automation to increase the production rate and reduce overall production cost of the product.

The global demand for organic dairy products is growing significantly as these products are prepared from natural sources. Additives, stabilizers, sweeteners, and flavors added during the production process are also obtained from natural sources. Probiotic bacteria are the most common beneficial cultures used for making yogurt.

These bacteria help in balancing the friendly bacteria found in the human digestive tract, which improve immune system of the body. Streptococcus thermophilus is a commonly used lactic acid probiotic bacterium for producing yogurt, which helps in regulating the functioning of digestive tract and the immune system response. Furthermore, maintaining proper gut health helps improve the overall immunity.

Access Research Report of Low-Fat Yogurt Markethttp://www.grandviewresearch.com/industry-analysis/low-fat-yogurt-market

Further key findings from the report suggest:
  • The global low-fat yogurt market was valued at USD 11.65 billion in 2016. The market is anticipated to reach USD 28.19 billion by 2025, while ascending at a CAGR of 10.4% from 2017 to 2025.
  • Organic low-fat yogurt segment dominated the overall industry in 2016, owing to various advantages of its consumption
  • Flavored yogurt was the largest segment type in 2016. The segment is also projected to be the fastest, ascending at a CAGR of 10.7% over the forecasted period.
  • Chocolate, vanilla, coffee, and mint are some of the common flavors added to the product for improving the odor, taste, and texture of the end product
  • Asia Pacific region is expected to be the fastest growing region and hold over 21% of the overall market by 2025. The region is projected to grow at a CAGR of 11.4% over the forecast period.
  • The industry is highly competitive in nature with the presence of several players
  • Some of the key market players are General Mills, Inc.; Danone, Inc.; Nestle S.A.; Rainy Lanes Dairy Foods Ltd.; Springfield Creamery (Nancy's); Jalna Dairy Foods; Gopala; Wallaby Yogurt Company; Byrne Dairy; and Tillamook Dairy Co-Op.
Grand View Research has segmented the global low-fat yogurt market into basis of origin, type, and region:
 Low-fat Yogurt Origin Outlook (Revenue, USD Million; 2014 - 2025)
  • Non-Organic Low-Fat Yogurt
  • Organic Low-Fat Yogurt
 Low-fat Yogurt Type Outlook (Revenue, USD Million; 2014 - 2025)
  • Flavored
  • Fruit
  • Plain
 Low-fat Yogurt Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
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.

Organic Food & Beverage Market Poised to Expand at a Robust Pace Over 2025


Organic Foods & Beverages Market

The global organic food & beverage market is expected to reach USD 320.5 billion by 2025, according to a new report by Grand View Research, Inc. Growing popularity of non-GMO products among consumers, owing to the health benefits associated with their consumption, is expected to drive the demand over the forecast period. 

Fruits and vegetables dominated the global organic food market accounted for over 37% of revenue share in 2015. Furthermore, increasing consumption of meat and poultry products resulted in the fastest growth of the segment and is expected to grow substantially at a CAGR of 13% over the forecast period.

Non-dairy beverages such as rice, soymilk, and oat beverages accounted for over 33% of the total share of organic beverages market in 2015. However, beer and wine is projected to grow substantially at a CAGR of 13.5% over the forecast period owing to increasing global economic conditions and high consumption of a broad range of flavored beverages.

To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/organic-foods-beverages-market

Further key findings from the report suggest:
  • The global organic food market was valued at USD 77.4 billion in 2015 and is expected to witness highest growth in Asia Pacific from 2016 to 2025
  • Fruits & vegetables emerged as the largest organic food product segment in 2015 and is estimated to generate revenue over USD 110 billion by 2025
  • Frozen & processed food demand was over USD 11 billion in 2015 and is anticipated to witness significant growth over the next few years
  • Beverage market is estimated to exceed USD 55 billion by 2025, and anticipated to grow at a CAGR of 13.1% over the next nine years
  • Coffee & tea is expected to emerge as the fastest growing sector with a CAGR of more than 15% from 2016 to 2025
  • The U.S. is the largest market in North America and was valued over 40 billion in 2015, owing to the growing consumer resistance for genetically modified and chemically grown crops in the region
  • The industry in Asia Pacific is projected to witness fastest growth over the forecast period and account for over 12% of global revenue by 2025. Asia Pacific is projected to witness highest growth on account of growing agriculture sector in the region coupled with robust domestic demand has led to significant demand for the product.
  • Key players including Whole Foods Market Inc., General Mills, Inc., Everest, Cargill, Inc., WhiteWave Foods, Danone, and United Natural Foods, Incorporated dominated the global organic food & beverage market
Grand View Research has segmented the global organic food & beverage market on the basis of product and region:
Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Organic Food
    • Fruits & Vegetables
    • Meat, Fish & Poultry
    • Dairy Products
    • Frozen & processed Food
    • Others
  • Organic Beverage
    • Non-Dairy
    • Coffee & Tea
    • Beer & Wine
    • Others
Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Central & South America 
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.

Bottled Water Market Set to Surge Significantly During the Forecast Period| Top Industry Leaders Nestlé S.A., Tata Global Beverages


Many packaged blue mineral water bottles

The global bottled water market size is expected to reach USD 215.12 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 7.4% during the forecast period. It is anticipated to witness a higher growth as compared to carbonated drinks on account of better health benefits and added nutrients. Factors such as increase in per capita spending and rapid urbanization are likely to fuel the demand for bottled water over the forecast period.

However, higher cost of bottled water may restrain the growth of the market. On the other hand, growing awareness regarding benefits of bottled water coupled with increasing preference for active lifestyle is expected to play a significant role in driving the market. Companies such as PepsiCo Inc. launched premium priced bottled water in order to strengthen consumer interest in healthier beverages.

Some of the key companies in the market are Mountain Valley Spring Water; Nestlé S.A.; Tata Global Beverages; Danone Waters of America, Inc.; PepsiCo, Inc.; Gerolsteiner Brunnen GmbH & Co. KG; RHODIUS Mineralquellen und Getränke GmbH & Co. KG; Nongfu Spring; Bisleri International Pvt. Ltd.; and The Coca-Cola Company.

Access Research Report of Bottled Water Market@ www.grandviewresearch.com/industry-analysis/bottled-water-market

Further key findings from the study suggest:
  • The spring bottled water segment accounted for revenue share of over 17.0% in 2016
  • Mineral bottled water accounted for the largest market share in 2016 and is expected to witness a CAGR of 7.3% over the forecast period. This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling water
  • Sparkling bottled water witnessed a share of 8.0% in 2016 and is expected to witness a significant growth over the forecast period owing to increasing demand for alternatives for carbonated beverages
  • Asia Pacific is likely to be the dominant regional market for bottled water over the forecast period. Rising population coupled with rapid urbanization in countries such as India, China, Indonesia, and Malaysia is likely to be the key driver for the market
  • Regional expansion and R&D are the key strategies adopted by most of the key companies to strengthen their market position
  • In November 2017, The Coca-Cola Company launched its bottled water brand Kinley in Nepal in order to gain domestic market share. In March 2017, Nestlé Waters collaborated with Danone and Origin Materials to develop PET plastic bottles, which were made from 100% renewable and sustainable resources.
Grand View Research has segmented the global bottled water market on the basis of product and region:
Bottled Water Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Spring Water
  • Purified Water
  • Mineral Water
  • Sparkling Water
  • Others
Bottled Water Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
  • Central & South America
  • Middle East & Africa
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.

Music Instruments Market is Projected To Grow Moderately at 3.2% CAGR through 2025


Musical Instruments Market

The global musical instruments market size is anticipated to reach USD 9.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.2% over the forecast period. Increasing awareness related to various types of music, along with high product visibility of electronic music instruments, is expected to drive the market over the forecast period.

The string and percussion segment dominated the global market with a share of 79.2% in 2018. High product visibility of guitars, violins, and pianos is a major factor contributing to the growth of this segment. Electric guitars have gained significant popularity among the youth population because they are easy to learn and play. However, digital musical instruments are expected to expand at the fastest CAGR of 4.1% from 2019 to 2025. They are capable of producing studio sound effects with a single instrument that has an electronic circuit embedded inside it. This is expected to drive the music industry, which will fuel the product demand.

Asia Pacific occupied the largest market share in 2018 owing to high demand in countries such as Japan and China. China is one of the major countries contributing to the growth of the global market as major manufacturers are leveraging the high influence of western culture in this country. Moreover, production facilities are set up in various developed countries of this region, which, in turn, will improve the production capacity and increase sales. This is expected to positively influence the music instruments market growth in this region.

North America is anticipated to witness the fastest growth from 2019 to 2025 owing to rising popularity of electronic instruments. Majority of the parents in U.S. encourage their children to learn music from a very young age, which helps in developing their taste for music. Such individuals tend to take up music as their profession, which, in turn, will the improve the market demand in this region. This is further expected to contribute to the overall growth of the market over the forecast period.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/musical-instruments-market

Further key findings from the study suggest:
  • The wind instruments segment in music instruments market is projected to ascend at a CAGR of 3.1%, on account of high availability and growing preference for traditional music among senior citizens
  • Europe is expected to expand at a CAGR of 3.5% owing to significant product demand in major countries like Germany and France, which are expected to witness a significant influence of western music culture in the projected period
  • In April 2018, as per revised trade rules for shipping musical instruments, instruments containing rosewood require a separate documentation. Illegal rosewood smuggling is carried in out in China, which will hamper use of rosewood in production of high-quality guitars.
Grand View Research has segmented the global music instruments market by instrument type and region:
Musical Instruments Type Outlook (Revenue, USD Million, 2015 - 2025)
  • Stringed & Percussion
  • Digital Musical
  • Wind
Musical Instruments Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
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.

Tuesday, 21 April 2020

Plastic Furniture Market Will Target Emerging Markets by 2025


Plastic Furniture

The global plastic furniture market size is expected to reach USD 15.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% over the forecast period The market growth is attributed to factors like affordability, durability, lightweight, low or no maintenance, eco-friendly, resistant to corrosion, no effect of termites and bugs, good weatherability, and flexibility.

Growing real estate and hospitality sector through various residential and commercial projects and demand for versatile, lightweight, flexible, and multi-functional furnishings offering easy portability and application in small as well as large space are expected to drive the global market.

Many manufacturers are inclined towards developing eco-friendly furniture due to increasing awareness among consumers regarding eco-friendly products. Globally expanding trend to go green will substantially increase demand for ecological plastic furniture over the forecast period. Growing environmental concerns across the world over deforestation is expected to surge the market demand.

Recycled plastic furniture made from plastic waste such as bottles and ocean plastic finds a wide application in outdoor furniture. For Instance, ScanCom International A/S, a company based in Denmark, launched DuraOcean and DuraLand, a line of furniture made completely from ocean and land waste to manufacture 100% recycled product.

The residential segment accounted for the largest share in 2018 and is also estimated to be the fastest growing segment over the forecast period. The growth is attributed to factors such as increasing demand from low-medium income population, growing preference for playroom, rapid urbanization, soft and safe children furniture, and surging demand for outdoor furniture.
The commercial segment is estimated to witness significant growth over the forecast period owing to growing economy resulting in growing office space, tourism, mid-scale restaurant, and hotel industry. Demand for plastic furnishings such as chairs and tables in large scale events on contract basis is expected to drive the market. However, in commercial real estate, demand for metal and wood furnishings is high as it offers elegance and aesthetic to the infrastructure over plastic.

Online distribution channel is estimated to be the fastest growing segment in the market owing to availability of a wide range of products, discounts on product, convenience of purchasing, easy comparison, and access to different sizes and colors. For instance, the world’s largest furniture retailer, IKEA witnessed a 31% growth in online sales.

However, manufactures nowadays are changing the consumer’s ways of shopping furniture. Augmented reality and Virtual Reality are the upcoming trends in the offline segment, where consumers can check if the product fits consumer’s requirement. For instance, Macy’s has launched VR furniture shopping experience in about 70 stores nationwide, allowing shoppers to design space with 3D image, thus changing the purchasing experience of the consumers.

In Asia Pacific, India is the fastest and largest growing market owing to affordability, presence of leading manufactures such as Nilkamal and Featherlite, and increasing demand from the residential and commercial sectors. Middle East and Africa is expected to witness significant growth owing to increasing government focus on real estate through various commercial and residential projects to boost the economic growth, especially in Saudi Arabia. This is expected to increase the market demand in the commercial as well as residential sectors.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/plastic-furniture-market

Further key findings from the report suggest:
  • The residential application segment is estimated to be the largest and fastest growing segment in the forecast period owing to rapid urbanization and increasing low-medium income population
  • The offline segment accounted for the largest market share in 2018 as manufacturers are changing the consumer’s way of shopping by adding AR and VR technology, allowing shoppers to design space with 3D furniture image
  • Some of the key players operating in the global plastic furniture market are Tramontina, Cosmoplast Industrial Company L.L.C., Supreme Group, Cello Wim Plast Ltd., and Nilkamal Furniture.
Grand View Research has segmented the global plastic furniture market on the basis of distribution channel, application, and region:
Plastic Furniture Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
  • Online
  • Offline
Plastic Furniture Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Residential
  • Commercial
Plastic Furniture Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
    • US.
  • Europe
    • France
    • UK.
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
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.

Massage Equipment Market Insights Business Opportunities, Current Trends And Forecast 2025


Massage Equipment

The global massage equipment market size is expected to reach USD 12.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.6% over the forecast period. Growing importance of healthy lifestyle among all age groups at the global level as a result of extensive brand campaigns aimed at maintaining fit body is projected to expand the scope for massage equipment. Additionally, hectic workstyle due to excess of 8 to 9 hours of desk jobs among working class professionals has led to increase in the occurrence of constant pain in the neck, shoulder, knee, and hip joints. Light massage at a certain interval can help the common mass overcome these issues and lead a healthy life. Thus, the corporate organizations and multi-national firms started installing massage chairs, sofas, and other equipment to resolve the everyday issues and ensure quick relaxation.

Arthritis has evolved as one of the most common ailments across the world. Affected patients suffer from swelling, tenderness, stiffness, and joint pain, which typically worsens with age. As of 2019, it was observed that around 350 million people worldwide suffer from arthritis, where 40 million patients are located in U.S. More than a quarter million of these patients were kids and 60% of the total patients in U.S. were females. Massage through various techniques can provide a huge relief to incessant pain. Neuroscientists have noticed that massage helps in activating those parts of brain, which are triggered under the influence of opioid painkillers such as codeine.

Some of the key massage equipment market players are OSIM International Ltd.; JSB Healthcare; Panasonic; Prospera; Casada International; RoboTouch; and Prospera. Product innovation is expected to remain a key success factor for the market participants over the next few years. For instance, in September 2019, Acer launched Thronos Air Gaming Throne, which has massaging functionalities embedded in the seat and can rub the back, when required. The gaming chair massages the back only as the backrest includes two balls, which move up and down against the back, giving it a relaxing feeling. The product is available for USD 9000.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/massage-equipment-market

Further key findings from the report suggest:
  • By product, chairs and sofas held over 50.0% share in 2018 due to predominant use of such equipment in commercial spaces. Handheld massagers are expected to expand at the fastest CAGR of 9.6% from 2019 to 2025 as they provide convenience to the buyers
  • The home application segment is expected to expand at the fastest CAGR of 9.4% from 2019 to 2025 due to shifting inclination towards a healthy lifestyle among millennials and increasing use of such type of equipment in home
  • North America led the massage equipment market and accounted for a share of 40.4% in 2018 on account of high concentration of health enthusiasts in U.S. and Canada
  • New launches in terms of inclusion of smart features is expected to remain a key strategy among the market participants.
Grand View Research has segmented the global massage equipment market on the basis of product, application, and region:
Massage Equipment Product Outlook (Revenue, USD Million, 2015 - 2025)
  • Chairs & Sofas
  • Back
  • Handheld
  • Neck & Shoulder
  • Others
Massage Equipment Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Commercial
  • Home
Massage Equipment Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • France
    • UK.
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
  • Middle East & Africa (MEA)
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.

Retractable Awnings Market to Reap Excessive Revenues By 2025


Retractable Awnings Market

The global retractable awnings market size is anticipated to reach USD 4.96 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.4% during the forecast period. These awnings are cost effective, easy to install and they also optimize the space. This factor is anticipated to fuel the product demand. Rising disposable income coupled with increasing home improvement and remodeling projects is projected positively influence the market growth.

The launch of innovative products with improved design and fabrics is anticipated to drive the market growth. For instance, in September 2017, Australia-based Hunter Douglas Limited introduced folding arm awnings under the brand name, 4Viento (FA58) semi-cassette model. The awnings is equipped with automatic retraction motor and provide UV resistance and prevents from moisture and dirt.

Rising demand for homes with decks, patios, and outdoor space in U.S. and Canada is anticipated to drive the demand for retractable awnings. According to a survey by the International Casual Furnishings Association from 2017, around 86% U.S. households had a patio, deck balcony, porch, garden, and other such outdoor living space. Increasing spending on deck and patio furniture and accessories is expected to fuel demand for retractable awnings over the forecast period. For instance, according to the same study, around 66% households in U.S. purchased furniture or accessories for their outdoor space. Such significant demand in the region is projected to positively influence the market growth.

Patio segment held the largest market share in 2018. Increasing demand for homes with patios and decks, especially in North America is the major factor driving the demand for retractable awnings. Freestanding segment, on the other hand, is anticipated to expand at a CAGR of 6.1% from 2019 to 2025. Rising number of outdoor cafes and restaurants, especially in developing countries such as India, China, and Brazil is anticipated to drive the segment growth. By the end of 2021, the number restaurants is expected to double in India, which is expected to fuel the demand for retractable awnings during the upcoming years.

Residential segment held the largest market share of 57.2% in 2018, owing to increasing urbanization, disposable income, and number of residential buildings. Awnings enhance aesthetic value of residential buildings. Moreover, installation of window awnings helps reduce energy consumption as it reduces solar heat gain by 65% to 77%. Such factors are expected to propel the demand for retractable awnings in residential segment.

North America held the largest retractable awnings market share in 2018 owing to the increasing demand for outdoor space in U.S. However, Asia Pacific is anticipated to expand at the fastest CAGR of 9.1% from 2019 to 2025 on account of increasing adoption of the product in commercial sector, especially in countries such as India and China.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/retractable-awnings-market

Further key findings from the report suggest:
  • Patio segment held the largest market share of over 70% in 2018. Growing demand for homes with patio coupled with rising spending on patio accessories is projected to drive the growth
  • Residential segment held the largest market share of 57.2% in 2018. Growing number of residential buildings on account of increasing urbanization and double income households coupled with rising consumer preference for homes with outdoor living spaces such as decks and patios is expected to promote the growth
  • Commercial segment is anticipated to expand at the fastest CAGR of 8.5% over the forecast period
  • North America held the largest market share in 2018. Increasing residential construction in U.S. is the primary demand driver
  • The global retractable awnings market is highly competitive in nature with the presence of some of the prominent players such as Advanced Design Awnings & Signs; Carroll Architectural Shade; Awning Company of America; Sunair Awnings & Solar Screens; Sunesta; Eide Industries, Inc.; KE Durasol Awnings Inc.; KE Durasol Awnings Inc.; Marygrove Awning; Craft-Bilt Manufacturing Company; and Lloyd's of Millville
Grand View Research has segmented the global retractable awnings market by product, application, and region:
Retractable Awnings Product Outlook (Revenue, USD Million, 2015 - 2025)
  • Freestanding
  • Patio
  • Others
Retractable Awnings Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Residential
  • Commercial
Retractable Awnings Region Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
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.

Smart Toilet Market Size, Share, Trends, Analysis And Growth Forecast To 2025


Smart Toilet Market

The global smart toilet market size is expected to reach USD 12.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.3% over the forecast period. Rising consumer awareness regarding cleanliness and maintaining proper hygiene at the global level is expected to promote the utility of smart toilet. Additionally, shifting preference towards smart homes in the urban cities due to increasing importance of proper sanitation and offering convenience to the buyers is expected to increase spending on the installation of new smart toilets in the residential and commercial sectors.

The governments of different countries including U.S., Germany, France, China, and India have been implementing numerous initiatives to increase awareness regarding the importance of saving water at the global level. As a result, smart toilets are expected to optimize the water flow and thus, likely to gain importance over the next few years.

The commercial segment generated a revenue of USD 4.6 billion in 2018. These types of smart products are majorly installed in hotels, restaurants, shopping malls, and bars as consumers perceive them as the luxury products. Furthermore, increasing spending on real estate investment in the commercial sector of countries including China, India, Brazil, and Mexico is a key factor driving the segment. Supportive government policies aimed at infrastructure development are expected to expand the scope for smart toilet vanities as luxury products over the next few years.

The offline channels generated a revenue of USD 5.3 billion in 2018. Consumers prefer these channels as they provide a choice of physical verification, prior to any purchasing decision. Additionally, these brick and mortar stores offer installation as well as aftersales services, which encourage the buyers to use these channels.

Asia Pacific is expected to be the fastest growing region with a CAGR of 12.8% from 2019 to 2025. Key countries contributing to the growth of the smart toilet market are China, Japan, India, Australia, and Singapore. It has been observed that sale of the smart toilet is increasing due to factors including rise in disposable income of the middle class population and increasing number of smart houses in the urban cities of the aforementioned countries. Furthermore, growing consumer spending on bathroom hygiene and sanitation is expected to expand the market scope in the upcoming years.

Some of the key smart toilet manufacturers are Kohler Co.; Toto Ltd.; Roca Sanitario SA; LIXIL Group Corporation; Duravit AG; Wellis; Masco Corporation; Bradley Corporation; Fortune Brands; and Villeroy & Boch AG. Companies are investing in product innovations to expand their customer base. For instance, in December 2016, “Somany Ceramics Ltd.” has launched a range of smart toilets with automatic flash system.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/smart-toilet-market

Further key findings from the report suggest:
  • The residential application segment is expected to expand at the fastest CAGR of 10.7% from 2019 to 2025 as a result of increasing number of smart homes in the urban cities of key markets including U.S. and China
  • The offline segment generated a revenue of USD 5.3 billion in 2018. Online channel is the fastest growing segment with a CAGR of 10.8% from 2019 to 2025 due to its doorstep delivery services
  • Europe was the largest regional market with a revenue of USD 2.4 billion in 2018
  • New product launch is expected to remain a key strategy among the market participants over the next few years.
Grand View Research has segmented the global smart toilet market on the basis of application, distribution channel, and region:
Smart Toilet Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Residential
  • Commercial
Smart Toilet Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
  • Online
  • Offline
Smart Toilet Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
    • US.
  • Europe
    • UK.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa
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.

Monday, 20 April 2020

Ornamental Fish Market to Reap Excessive Revenues By 2025


Ornamental Fish Market

The global ornamental fish market size is expected to reach USD 8.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.1% over the forecast period. Rising importance of ornamental fish for reducing stress and lowering blood pressure and heart rate among the millennials at the global level is expected to promote the market reach. Increasing number of nuclear families in countries including U.S., U.K., Germany, France, and Japan is expected to prompt the buyers to spend on ornamental fishes as a pet.

As per the report of “The National Pet Owners Survey”, around 68% of American households own a pet in 2018. Another survey conducted by the American Pet Products Association (APPA) states that 2.5 million U.S. households keep saltwater fish and 12.5 million keep freshwater fish. These aforementioned trends are expected to drive the market in U.S. over the next few years.

Tropical freshwater species generated a revenue of USD 2.6 billion in 2018. Buyers prefer to purchase these fishes due to their easy maintenance, along with easy access through local pet shops. Lifespan of these types are also higher than others. Consumers can keep many tropical freshwater fishes in a single aquarium. Furthermore, these products are available in different colors and species, which attract the buyers to purchase them.

The commercial application segment is expected to expand at the fastest CAGR of 8.4% from 2019 to 2025. A large number of commercial stores including shopping malls, hotels, and restaurants use aquarium as a key element of interior décor. Consumers prefer to purchase ornamental fish with different colors and large sizes. Majority of these stores keep ornamental aqua species in a well decorated aquariums, which attract their customers to purchase the products.

Europe was the largest market for ornamental fish with a revenue of USD 2.0 billion in 2018. Consumers’ preference for keeping pets at home is very high in this region. It has been observed that the population of countries including Germany, U.K., France, and Italy prefer to have aquarium as a part of their hobby. Furthermore, increasing spending by the commercial sector on keeping marine species for decoration purpose is expected to drive the market in the upcoming years.

The market is fragmented in nature due to the presence of many private level players. Some of the key players are Aqua Nautic Specialist (ANS), AlgaeBarn LLC, Florida Tropical Fish Direct, BioAquatix, Aqua Leisure, Imperial Tropicals, Captive Bred, Oasis Fish Farm, Sagar Fish Aquarium, and Shanghai Wanjin Ornamental Fish Farm.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/ornamental-fish-market

Further key findings from the report suggest:
  • By product, tropical freshwater species led the market with a revenue of USD 2.6 billion in 2018 owing to their increased popularity and easy maintenance features. The marine products are projected to ascend at a CAGR of 9.0% from 2019 to 2025
  • The household application segment generated a revenue of USD 3.6 billion in 2018. The commercial segment is expected to expand at a CAGR of 8.4% from 2019 to 2025 due to increased number of newly established hotels and restaurants at the global level
  • Europe was the largest regional market with a revenue of USD 2.0 billion in 2018.
Grand View Research has segmented the global ornamental fish market on the basis of product, application, and region:
Ornamental Fish Product Outlook (Revenue, USD Million, 2015 - 2025)
  • Tropical Freshwater
  • Temperate
  • Marine
Ornamental Fish Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Commercial
  • Household
Ornamental Fish Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
    • US.
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • India
    • China
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa
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.

Stain Remover Products Market to Steadily Progress at 4.7% CAGR from 2019 to 2025

The global stain remover products market size is expected to reach USD 27.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.7% over the forecast period. Improvement in living standards is expected to increase the adoption of cleaning products as a part of maintaining health and hygiene is expected to have a positive impact on the market growth. Furthermore, rising consumer awareness regarding apparel care among middle-income age-groups in developing countries including China and India is expected to drive the industry.

Spray stain remover products are expected to be the fastest growing segment, expanding at a CAGR of 5.3% from 2019 to 2025. Major manufacturers including Church & Dwight, Unilever, The Procter & Gamble Company, Reckitt Benckiser Group plc, and Henkel Ag & Co. Kgaa have been launching new products in the forms of sprays.

For instance, in April 2017, The Procter & Gamble Company added an innovative stain remover in its wide product portfolio under the brand name ‘Tide Simply Free & Sensitive’ in U.S. The company has launched this product in order to cater to the growing demand for skin-friendly products. Around 40% of the customer reported for the skin irritation from the other stain remover products. These initiatives will increase the product visibility over the forecast period.

Asia Pacific is expected to be the fastest growing market, expanding at a CAGR of 5.4% from 2019 to 2025. Over the past few years, major players have been implementing marketing strategies including celebrity endorsement, innovative product launch, increasing exclusive stores, and focus on e-commerce in order to cater to the increasing demand for technological advanced product in the region.

For instance, in July 2014, Kao Corporation announced to introduce new product under the brand name ‘Attack Jaz1’. This product is expected to help the company to gain a major market share of stain remover product as well as detergent. The product retains the fabric color as well as quality after wash.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/stain-remover-products-market

Further key findings from the report suggest:
  • Asia Pacific is expected to register the fastest CAGR of 5.4% from 2019 to 2025
  • North America was the largest market with a share of more than 30.0% in 2018
  • By product, the powder segment held the largest share of 31.9% in 2018
  • Online is expected to be the fastest growing distribution channel with a CAGR of 5.1% from 2019 to 2025
  • Key players in the stain remover products market include Church & Dwight; Reckitt Benckiser Group plc; S. C. Johnson & Son, Inc.; Henkel AG & Co. KGaA; The Procter & Gamble Company; Unilever; The Clorox Company; LG Household & Health Care Ltd.; Amway; Biokleen; and CR BRANDS.
Grand View Research has segmented the global stain remover products market on the basis of product, distribution channel, and region:
Stain Remover Products Product Outlook (Revenue, USD Million, 2015 - 2025)
  • Liquid
  • Powder
  • Bar
  • Spray
  • Others
Stain Remover Products Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
  • Offline
  • Online
Stain Remover Products Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
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.

Organic Shampoo Market is Projected To Grow Moderately at 3.1% CAGR through 2025

The global organic shampoo market size is expected to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.1% over the forecast period. Growing popularity of natural ingredients in beauty and hygiene products has encouraged manufacturers to introduce organic shampoos, thereby driving consumer preference for this market. Growing awareness of personal hygiene, along with rising preference for chemical free products, is expected to drive the market in the next few years.

Growing trend of online shopping of health and beauty products among the consumers has paved the way for the brands to introduce their e-commerce channels, thereby widening their distribution. As per the recent trends, about 19% of Generation Z and 14% of millennials prefer online purchase of natural and organic beauty products due to factors such as convenience and availability of a wide range of new brands and their products.

Organic shampoos are gaining an increasing traction due to growing preference for environment friendly products that are free from sodium lauryl sulfate, potassium sorbate, and artificial fragrances. This, in turn, is providing an impetus to the companies to expand their product offerings by introducing organic shampoo, thereby contributing to the market growth.
Supermarkets/hypermarkets accounted for a revenue share of 56.02% in 2018. Physical display of products and ability to check the product attributes have been the major factors driving the popularity of supermarkets/hypermarkets. The layout of the supermarket and promotional campaigns by leading brands have also increased the sales volume in the supermarket and hypermarket segment. Organized retail sectors have been driving the market by providing ample space and visibility for the existing brands to offer their products.

North America accounted for the largest share of 34.8% in 2018, followed by Europe with 24.9% share in the global organic shampoo market. In U.S., consumers have a high preference for organic beauty care concept mainly due to the skin and environment friendly nature of those products. Moreover, the product demand is driven by strong regulatory framework that limits the use of toxic ingredients in various personal and beauty care products, shampoo being one of them. Asia Pacific is expected to expand at the highest CAGR of 4.2% over the forecast period. In the region, China contributed 34.8% share in 2018 majorly due to significant adoption of chemical free hair products. China is ranked as one of the largest Asian markets for natural based beauty and health care products. The market is expected to be driven by India over the forecast period. As per the recent trends, about 55% of the consumers in India prefer to purchase shampoo with organic attributes.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/organic-shampoo-market

Further key findings from the report suggest:
  • APAC is expected to witness the fastest growth over the forecast period owing to widespread availability and influx of innovative products supported by growing preference for chemical free products in India
  • North America accounted for the largest share of 34.8% in 2018, followed by Europe with 24.9% share of the global revenue
  • Some of the major players operating in the global organic shampoo market are Perse Beauty Inc.; John Master’s Organic; Vogue International LLC (OGX); Real Purity Inc.; Essential Care (Organics) Ltd.; Rahua Classics; Natulique; and Art Naturals.
Grand View Research has segmented the global organic shampoo market on the basis of distribution channel and region:
Organic Shampoo Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Online
Organic Shampoo Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa (MEA)
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.

Snacks Market Size Is Projected To Reach USD 708.6 Billion by 2025

The global snacks market size is projected to reach USD 708.6 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.2% over the forecast period. Healthy eating, indulgence, informality, premiumization, provenance, and value scrutiny are some of the crucial factors driving the market.

The desire for fresh food is growing and people are rejecting industrial food. Consumer concerns with cues including locally grown, processed recognizable ingredients, and shortest ingredient lists have accelerated in recent years. Price drops in recent years, coupled with increased population, improved foodservice, and rising disposable income, is expected to drive demand for processed snacks in developing markets. Growing demand for convenience foods and ready-to-eat meals in modern trade channels is also expected to spur market growth.

The Central and South America market is expected to grow at a consistent rate over the forecast period. Brazil, Argentina, and Chile remain key markets for international brands to increase their customer base. Rising product sales, especially in emerging economies, indicate that people are willing to spend more on snack products owing to improving disposable incomes. This trend is anticipated to continue in the near future.

Various factors such as price-affordability, ease-of-use options, and enhanced product quality have been contributing to product demand. Regional players are focusing on providing products that suit varied preferences of consumers in their respective regions, which gives these players a substantial growth opportunity in developing countries.

The snacks market is highly competitive in nature and, therefore, marked by an extensive range of new products and flavors. Key players in the global snacks market include Tyson Foods, McCain Foods, Aviko, General Mills, and Pepsico. Acquisitions, mergers, joint ventures, and product innovation remain key strategies in order to increase sales.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/snacks-market

Further key findings from the report suggest:
  • Based on non-extruded snacks, the refrigerated products segment is projected to exhibit a CAGR of 5.3% in terms of revenue over the upcoming period
  • The fruits and vegetable segment accounted for over 12.0% to the total market in 2018. Increasing awareness among consumers about these products, especially in European countries such as U.K., Germany, and France, is expected to propel segment growth over the forecast period
  • On the basis of extruded product type, the tapioca segment is anticipated to register a CAGR of 4.0% owing to rising demand for healthy snacking options. Moreover, the popularity of the product as an instant source of energy is expected to drive its demand in the market
  • While supermarkets and hypermarkets dominate the global market, convenience stores are gaining popularity as a distribution channel and the segment is likely to exhibit the highest CAGR of 6.8% over the forecast period
  • South Africa, Israel, UAE, Egypt, Iran, and Saudi Arabia are some of the major markets in terms of consumer spending. The UAE market is expected to exhibit a CAGR of 7.2% over the forecast period thanks to rise in consumer disposable income and changing food habits and preferences
  • The snacks market is highly competitive in nature and is driven by unique product offerings and high consumer demand. PepsiCo, General Mills, Tyson, Hormel, Hain Celestial, Nestlé, and Kellogg were the major players in 2018.
Grand View Research has segmented the global snacks market on the basis of type, product, distribution channel, and region:
Snacks Type Outlook (Revenue, USD Million, 2014 - 2025)
  • Extruded
  • Non-extruded
Extruded Snacks Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Potato
  • Corn
  • Rice
  • Tapioca
  • Mixed Grains
  • Others
Non-extruded Snacks Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Salty Snacks
    • Crisp & Chips
    • Nut-Based Snacks
    • Popcorn
    • Others
  • Snack Bars
  • Refrigerated Snacks
  • Vegetable & Fruit Snacks
  • Bakery Snacks
  • Others
Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)
  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Retailers
  • Others
Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
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.

Electric Iron Market Size Is Expected To Reach USD 1.8 Billion by 2025

The global electric iron market size is expected to reach USD 1.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.3% over the forecast period. Rising inclination among the millennials towards grooming well at a global level is boosting the market growth.

Electric irons have been modified to be lighter in weight, easier to use, energy efficient, and suitable to all kinds of fabrics. Advertisement and celebrity endorsements of these products have played a crucial role in making people aware of the product, its utility, resulting in the inclusion of the product in the daily lifestyle.

Manufacturers of electric iron have been investing in research and development of the product rapidly. Thus, it has resulted in releasing new products frequently with modified features and better efficiency. Organizations have understood the crucial role it plays in day to day life and to address the same, they have launched products that can be carried in the luggage while traveling. These products are small, lightweight, and chargeable, thereby making it compatible to be used during journey.

In April 2019, Xiaomi launched Lofans Cordless Steam Iron in China. The product is available for 199 Chinese Yuan. The cordless product comes with a charging stand, a switch to operate it, and adjustable gear to control its temperature. It consumes 200Watts of power and can be used in three modes: high, low, and dry. It consists of a 280ml water tank for steaming the clothes. The product needs to be preheated for 35 seconds and withholds heat for 2 minutes after being detached from the charger. The sole plate is made of diecast ceramic glazed aluminum. It can be heated up to 200 degree Celsius for ironing thick and heavily crushed clothes. The negative ion coating can reduce the high temperature fabric damage.

In March 2019, Tefal launched all-in-one iron and garment steamer IXEO QT1020. The product is expected to be much more efficient than regular steam product types. The product is available for GBP 290. It comes along with an adjustable and handy built in smart iron board. The board is inverted vertically for steaming and is kept horizontally for ironing. The iron works on one-temperature technology and thus, no adjustments are required.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/electric-iron-market

Further key findings from the report suggest:
  • By product, the steam segment is expected to expand at the fastest CAGR of 8.5% from 2019 to 2025. Dry products contributed a revenue of USD 559.1 million in 2018
  • By function, the automatic segment is expected to expand at the fastest CAGR of 8.5% from 2019 to 2025
  • The commercial application segment accounted for 55.4% share of the global revenue in 2018
  • Online distribution channel is expected to expand at the fastest CAGR of 8.6% from 2019 to 2025.
Grand View Research has segmented the global electric iron market on the basis of product, function, application, distribution channel, and region:
Electric Iron Product Outlook (Revenue, USD Million, 2015 - 2025)
  • Dry
  • Steam
Electric Iron Function Outlook (Revenue, USD Million, 2015 - 2025)
  • Automatic
  • Non-automatic
Electric Iron Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Residential
  • Commercial
Electric Iron Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
  • Offline
  • Online
Electric Iron Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa (MEA)
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.

Carpet Cleaning Products Market Significant Profits Estimated to be Generated by 2025

The global carpet cleaning products market size is anticipated to reach USD 2.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.5% over the forecast period. Growing awareness related to household hygiene and cleanliness among consumers is expected to drive the market over the forecast period. Carpet cleaning products are witnessing increasing demand as a result of increased spending on floor coverings in the residential and non-residential/commercial sectors. Therefore, market witnesses increased spending on these cleaners, which is expected to contribute to the growth of the global market.

Rising environmental concerns across regions have urged consumers to invest in green cleaning products consisting of chemical free ingredients. Companies are focusing on producing natural and organic cleaner with sustainable manufacturing practices. For instance, in June 2019, Skyhawk Global Ltd. have launched natural and eco-friendly liquid carpet cleaner to prevent odor or recurrence of stains. Many macro-economic factors such as growth in the construction of office and retail spaces and home décor are expected to increase the adoption of these cleaners.

Liquid cleaning products dominated the carpet cleaning products market in 2018. They help in absorbing soil from the carpet with the help of mechanical agitation from brush, which cleans through the material. This liquid is used with water or directly applied to the carpet, which dissolves the soil and is vacuumed up to absorb the liquid. Thus, greater convenience as well as effectiveness provided by this product have fueled the demand.

In terms of application, the residential sector is expected to register the highest CAGR of 4.8% from 2019 to 2025. Carpets are mostly found in luxury residential places like bungalows and mansions. Increase in disposable income, along with hectic lifestyle of the consumers, is expected to be a key factor. This, in turn, is supposed to drive the demand for carpet cleaners in the next few years.

North America dominated the global market, accounting for 51.8% share of global revenue in 2018. Prominent trend of carpet flooring in countries such as U.S. and Canada in order to showcase a luxury living lifestyle on account of high disposable income is responsible for the market growth. Moreover, rising awareness regarding cleanliness of carpet in order to prevent bacterial infestation has increased the demand for carpet cleaners such as spray, liquid, and powder products. 

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/carpet-cleaning-products-market

Further key findings from the report suggest:
  • By product, the liquid segment accounted for a share of 30.7% in 2018
  • The residential application segment is expected to register the highest CAGR of 4.8% over the forecast period
  • Asia Pacific is the fastest growing region, expanding at a CAGR of 5.3% from 2019 to 2025
  • Top players operating in the carpet cleaning products market include BISSELL; Reckitt Benckiser Group plc.; Techtronic Industries Co. Ltd.; The Clorox Company; Zep, Inc.; Sprayway Inc.; and Tesco.com.
Grand View Research has segmented the global carpet cleaning products market by product, application, and region:
Carpet Cleaning Products Outlook (Revenue, USD Million, 2015 - 2025)
  • Shampoo
  • Spray
  • Liquid
  • Others
Carpet Cleaning Products Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Residential
  • Commercial
  • Hotels & Restaurants
Carpet Cleaning Products Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
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.

Friday, 17 April 2020

Body Firming Creams Market Will Target Emerging Markets By 2025


Body Firming Creams

The global body firming creams market size is expected to reach USD 3.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.7% over the forecast period. Increasing spending on anti-aging products over the world will remain a key factor in driving the market. In addition, rising visual appearance consciousness among the consumers is expected to remain a favorable factor in the market.

The plant extract product segment is expected to witness the fastest growth, expanding at a CAGR of 6.0% from 2019 to 2025. Increasing awareness about the negative effects of synthetic creams including skin irritations and allergies is fueling the demand for the plant extract products over the globe. This shifting trend is encouraging the manufacturers to incorporate plant extracts, such as green tea, seaweed, jojoba, shea butter, aloe vera olive, guaraná, and macadamia, in their product offerings.

In terms of distribution channel, the online segment is anticipated to expand at the fastest CAGR of 7.0% from 2019 to 2025. The hassle-free and convenient shopping experience have been fueling the growth of this distribution channel over the world. As a result, companies are investing remarkably in e-commerce to meet the rising demand.

North America held the largest market share of 35.1% in 2018. Rapid growth of the aging population in U.S. and Canada will remain one of the key factors driving the industry in this region. Asia Pacific is expected to witness a steady growth in the upcoming years as a result of rising spending on personal care products supported by the growing upper middle class population in countries including China and India. Furthermore, the number of domestic and international competitors has been increasing significantly in the abovementioned countries in light of substantial base of middle-income age groups.

Major players of this industry include L'Oréal S.A.; Beiersdorf AG; Clarins Group; Johnson & Johnson; Sol de Janeiro; ET Browne Drug Co. Inc.; The Procter & Gamble Company; Kao Corporation; Shiseido Company, Limited; and The Estée Lauder Companies Inc. Cosmetic manufacturers are expected to increase spending on R&D in order to expand their market size.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/body-firming-creams-market


Further key findings from the report suggest:
  • Europe generated a revenue of exceeding USD 640.0 million in 2018
  • Plant extract products are expected to expand at the fastest CAGR of 6.0% from 2019 to 2025
  • Offline distribution channel accounted for a revenue share of more than 80.0% in 2018.
Grand View Research has segmented the global body firming creams market on the basis of product, distribution channel, and region:
Body Firming Creams Product Outlook (Revenue, USD Million, 2015 - 2025)
  • Plant Extract
  • Non-plant Extract
Body Firming Creams Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
  • Offline
  • Online
Body Firming Creams Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
    • US.
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa
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.

Medical Fluoropolymers Market Predicted to Witness Steady Growth During the Forecast Period

  Medical Fluoropolymers Market Growth & Trends The global  medical fluoropolymers market  size is expected to reach USD 962.03 million ...