Cigar & Cigarillos Market is Anticipated To Exhibit Moderate Growth With The CAGR of 3.1% by 2025

 The global cigar and cigarillos market size is expected to reach USD 21.02 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 3.1% during the forecast period. Implementation of heavy taxes and increasing price of conventional cigarettes drive the product demand. Increasing number of consumers prefer cigars as they have better reputation and lower price, which is projected to positively influence growth.

The mass segment held major market share of global market owing to the growing popularity of cigars and cigarillos among the young consumers. Moreover, growing number of female consumers in the developed countries is expected to fuel the demand for mass products over the forecast period. However, the premium segment is expected to expand at the highest CAGR over the next seven years. Presence of luxury hotels and bars with cigar lounges, in developed countries, such U.S., U.K., and China have made comeback, thus, the consumption has increased drastically.

The flavored product segment is expected to expand at a CAGR of 3.2% over the forecast period. Many new consumers prefer flavored cigars as the taste is perceived to be better than the natural tobacco flavored products. Moreover, many consumers are migrating from other tobacco products including conventional cigarette to cigar and cigarillos. In addition, many companies have launched various flavored product to attract consumers, fueling the demand.

North America was the largest consumer in the cigar and cigarillos market in 2018. Growing demand for premium products in U.S. has helped the region gain major share. U.S. was the largest consumer in the world, accounting for more than 55% share of overall market. Followed by U.S., Germany and China are the largest markets. Growing number of young billionaires coupled with rising number of cigar lounges are the key factors driving the growth in China.

Access Research Report of Cigar & Cigarillos Market @ https://www.grandviewresearch.com/industry-analysis/cigar-cigarillos-market

Further key findings from the report suggest:

• In terms of revenue, the premium product segment is projected to ascend at a CAGR of 3.3% over the forecast years
• The mass product segment led the global market with an overall revenue share of over 82.3% in 2018
• Flavored segment was valued at USD 4.93 billion in 2018, is projected to exhibit a high CAGR in the next few years
• North America led the global cigar and cigarillos market in 2018, with 57.0% of revenue share and is projected to continue leading over the forecast period
• Growing number of young consumers including men and women is further expected to propel the growth
• The market is highly competitive in nature. Major companies include Altria Group, Inc.; Habanos S.A.; Scandinavian Tobacco Group A/S; Gurkha Cigars; Swisher International, Inc.; Agio Cigars; Swedish Match AB; OETTINGER DAVIDOFF AG; Drew Estate; and Trendsettah USA, Inc.
• Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to cater to the existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global cigar and cigarillos market on the basis of product, flavor, and region:

Cigar & Cigarillos Product Outlook (Revenue, USD Million, 2015 - 2025)

• Mass Cigar
• Premium Cigar

Cigar & Cigarillos Flavor Outlook (Revenue, USD Million, 2015 - 2025)

• Tobacco/No Flavor
• Flavored

Cigar & Cigarillos 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.

BB Cream Market Expected to Behold a CAGR of 14.4% through 2025

 The global BB cream market size is expected to reach USD 5.41 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 14.4% during the forecast period. The market is expected to witness significant growth owing to the rising popularity of multifunctional products among young men and women. The BB cream, also called as beauty balm or blemish balm, is a combination of moisturizer, sunscreen, foundation, and primer, as well as works as anti-aging serum.

BB cream has maintained strong position in the global skin care market. Increasing disposable income coupled with awareness regarding skin health among men and women has increase demand for innovative and quality products such as BB cream. Moreover, growing demand for natural and organic products in developed countries is projected to fuel the product demand over the forecast period.

Blemish balm or beauty product is also called as all-in-one product, as it provides protection form UV radiation, as well as hydration and anti-aging effect. Popularity of beauty cream has spread in Asia, especially in Korea, China, and Japan. Along with various benefits, the fact that it helps reduce the time require for make-up has attracted many young consumers. Followed by Asia, popularity of BB cream has spread in the western world. Since 2012, blemish balm has witnessed substantial growth in developed countries and has maintained its prominent position in the beauty and personal care market in U.S.

Access Research Report of BB Cream Market@ https://www.grandviewresearch.com/industry-analysis/bb-cream-market

Further key findings from the report suggest:

• In terms of revenue, tube/bottle segment is projected to ascend at a CAGR of 14.5% over the forecast period
• Offline segment led the global market with an overall revenue share of over 91.2% in 2018
• Air cushion segment was valued at USD 55.9 million in 2018, is projected to exhibit a significant growth in the next few years
• Asia Pacific led the global BB cream market in 2018, with 40% of the revenue share and is projected to continue witnessing similar growth over the next few years
• The market is highly competitive in nature with the main players such as L'Oréal S.A.; Unilever; The Estee Lauder Companies Inc.; Shiseido Company, Limited; Christian Dior SE; Missha US Inc.; Avon Products, Inc.; L'Occitane; AMOREPACIFIC CORPORATION; and ETUDE HOUSE, Inc. The manufacturers concentrate on new product launches and product innovation to increase the consumer base.

Grand View Research has segmented the global BB cream market on the basis of packaging, distribution channel, and region:

BB Cream Packaging Outlook (Revenue, USD Million, 2015 - 2025)

• Tube / Bottle
• Air Cushion

BB Cream Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

BB Cream Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
• Rest of the World

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.

Eye Makeup Market to Expand At A CAGR Of 5.7% from 2019 to 2025

 The global eye makeup market size is expected to reach USD 21.41 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.7% during the forecast period. Growing consciousness about physical appearance, especially among working class population is projected to drive the product demand. Furthermore, rising per capita income in developing economies including China, India, and South Korea, allowing the consumers to increase the spending in personal care products and thus will have a strong impact on the growth.

Innovation has been an important competitive strategy for the players operating in this market. Over the past few years, cosmetic manufacturers have been increasing spending on the development of products on the basis of beauty preferences of consumers. The waterproof and sweat-proof personal care products are gaining remarkable popularity, especially among people involved in outdoor work in hot and humid weather. Similarly, consumers engaged in sports such as athletics, swimming, and other outdoor sports, prefer smudge-free products are anticipated to drive the demand for such products. Multi utility products, makeup which work as sunscreen and anti-aging, are also gaining significant demand in the cosmetics industry. For instance, Shiseido Company, Limited and Elizabeth Arden, Inc. has launched eye makeups such as mascara which contain anti-aging ingredients.

Organic and natural makeup products have been gaining popularity due to the rising awareness about harmful effects such as, skin diseases and cancer, caused by synthetic or chemical based products. This booming demand has encouraged the manufacturers to focus on and expand the natural plant based environment-friendly products. Some of the organic products includes sunscreen ingredients, which adds value to the product. These natural products also help reduce signs of aging such as wrinkles and enhance the content of vitamin E and A.

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

Further key findings from the report suggest:

• North America held or the largest market share of more than 30.0% in 2018
• Eye shadow segment is expected to witness the fastest CAGR of 6.2% from 2018 to 2025
• In terms of product, mascara held the largest market share of more than 35.0% in 2018
• Asia Pacific is expected to witness the fastest CAGR of 8.3% from 2018 to 2025. Increasing number of working class women in emerging economies including China, India, Bangladesh, and Pakistan as a result of increased concentration of MNC offices on a domestic level is projected to have a strong impact on the regional growth
• The key players operating in the eye makeup market include L'Oréal S.A; The Procter & Gamble Company; The Estée Lauder Companies Inc.; Shiseido Company, Limited; COLORBAR Unilever; Amway; and Chanel S.A.
• Product innovation and high spending on the development of digital platforms to ensure product supply are expected to remain critical success factors over the next eight years. For instance, in 2012, Purplle and Nykaa, the Indian online beauty retailers, came into the business only through the digital platform.

Grand View Research has segmented the global eye makeup market on the basis of product, distribution channel, and region:

Eye Makeup Product Outlook (Revenue, USD Million, 2015 - 2025)

• Mascara
• Shadow
• Liner
• Pencil
• Brow
• Others

Eye Makeup Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Online
• Offline

Eye Makeup 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.

Demand for Edible Oil & Fats Market to Incur Considerable Upsurge During the Forecast Period

 The global edible oil and fats market size is expected to reach USD 162.51 billion by 2025, according to a new report by Grand View Research, Inc. Rising popularity of edible oil as a key nutritional constituent on account of its various benefits including improvement in immune system and prevention from cardiovascular disorders is projected to drive the demand.

Rising concerns over glutamic disorders in developed countries including U.S. and Germany is expected to promote the scope of oilseed-based product forms as vegan alternatives for animal fats. Furthermore, changing lifestyle coupled with buyer preference for nutrition enriched food products among middle-class income groups from developing economies such as China, India, and Thailand is projected to increase the usage of edible oils over the next eight years.

Offline channels are projected to lead, accounting for more than 50% of total market share in terms of revenue. Increased concentration of supermarkets in emerging economies such as China, India, Mexico, Brazil, and South Africa is projected to provide the consumers a wide range of options when it comes to edible oils and edible fats.

Access Research Report of Edible Oil & Fats Market @ https://www.grandviewresearch.com/industry-analysis/edible-oil-fats-market

Further key findings from the report suggest:

• Oil product segment generated revenue exceeding USD 60 billion in 2018. Rising importance of calorie-free products including olive and sunflower as healthier alternatives as compared to animal-based fats is projected to remain a favorable factor over the forecast period
• Coconut segment is expected to witness a CAGR of 7.4% from 2018 to 2025. The product is expected to gain importance on account of being effective source of amino acids, vitamins, and minerals
• Asia Pacific led with more than 30% of global market share in terms of revenue in 2018. The high concentration middle-income age groups in key markets including China, India, Bangladesh, and Thailand is expected to assist the region maintain the dominance in near future
• The edible oil and fats market is highly competitive in nature. Key players include Aceities Borges Pont S.A.; ACH Food Companies, Inc.; ADM; Avena Nordic Grain Oy; and Cargill Inc.
• Strategic partnerships with the distributors located in emerging economies with significant buyer base is expected to remain a critical success factor for the key market participants in the forthcoming years.

Grand View Research has segmented the global edible oil and fats market on the basis of product, distribution channel, and region:

Edible Oil & Fats Product Outlook (Revenue, USD Million, 2015 - 2025)

• Edible Oil
• Edible Fats

Edible Oil & Fats Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Edible Oil & Fats 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.

U.S. Motorcycle Market Poised to Expand at a Robust Pace Over 2025: Grand View Research Inc.

 The U.S. motorcycle market size is expected to reach USD 10.88 billion by 2025, according to a new report by Grand View Research, Inc., Increasing amount of disposable income is expected to drive the market. Surplus amount of income is used by Americans to buy motorcycles which leads to an increase in the sales and registration of vehicles. According to the Bureau of Transportation Statistics, motorcycle registrations in the U.S. have increased over the past 10 years, from 3,826,373 in 1997 to 6,678,958 in 2006, which indicates an overall increase of 75%. Sales of new street-legal motorcycles increased more sharply over the same period, from 260,000 in 1997 to 892,000 in 2006.

Furthermore, according to Statista Inc., a total of 487,144 units were sold in the U.S. in the year 2016. This shows the potential demand and growth for these products in the coming years. Growing economic standards, changing lifestyle and increasing rates of petroleum are shifting the customer preference towards motorcycles which offer greater fuel efficiency in comparison to cars. Motorcycles are an effective and affordable way of transport owing to which the working class and the younger generation of the society are more attracted towards these products. Growing urbanization is also a significant factor driving the growth of the market in the country.

According to the International Organization for Migration in 2015, around 3 million people are migrating to cities every week. Currently, around 82% of the population in North America are living in the urban areas with a high concentration in mid and large-sized cities. Such huge trend towards urbanization has led to growing awareness of new products and their easy availability. All these factors are expected to boost the U.S. motorcycle industry over the forecast period.

Access Research Report of U.S. Motorcycle Market @ https://www.grandviewresearch.com/industry-analysis/us-motorcycle-market

Further Key Findings From the Study Suggest: 

• Motorbikes segment held the dominant share of 56.7% in the U.S. motorcycle market owing to the high adoption rate and wide range of products
• Scooters segment is expected to grow at a lucrative rate of 4.0% over the forecast period owing to the associated advantages such as better fuel efficiency, lightweight, and low cost.
• Harley Davidson dominates the U.S. motorcycle industry with a market share of nearly 47%.

Grand View Research has segmented the U.S. motorcycle market on the basis of product:

U.S. Motorcycle, Product Outlook (Revenue, USD Million, 2014 - 2025)

• Motorbikes
• Scooters
• Mopeds

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.

Hair Care Market Expected To Reach USD 211.1 Billion by 2025

 The global hair care market is expected to reach USD 211.1 billion by 2025, according to a new report by Grand View Research, Inc. The increasing demand for hair color products, owing to the growing aging population base and increasing air pollution, are the major factors contributing toward significant market growth.

Growing trend in fashion industry and rising hair-related problems coupled with technological innovation in product manufacturing are one of the high impact rendering factors contributing to the demand of products and services, which thus propel the growth of the market. In addition, high penetration of salon services across the globe along with increasing demand for professional products, and changing grooming pattern especially among male consumers are another drivers accelerating the market growth.

Moreover, the increasing migration of rural population to metropolitan areas and rising expenditure on beauty and personal care products are anticipated to accelerate the market growth. Thus, resulting in the introduction of modified products sustaining the various needs of the consumers based on different cultures, regions and hair types.

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

Further Key Findings From the Report:

• Services held the largest market share owing to the growing popularity of hair extensions in countries such as the UK, and the U.S., and the inclination towards enhanced appearance coupled with growing population base.
• Shampoo held the largest share in the product segment due to rising consumer awareness on the benefits of organic and natural shampoo. The increasing air pollution coupled with high adoption rate of shampoo in daily use is attributed to the largest market share.
• Hair color is expected to witness fastest growing product over the forecast period owing to the changing fashion trend. The increasing penetration of national and international salons in tier II and tier III cities in Asia Pacific, EMEA and North America region and rising product visibility across multi-retail outlets contribute to the fastest growth of the product.
• S. dominated the hair care market owing to the presence of large multinational companies focusing on providing superior quality hair care products such as styling products, conditioner, color and shampoo.
• India is expected to be the fastest growing country with a CAGR of 9.73% due to the presence of wide range of hair oil products.
• Some of the key players are L’Oreal, Hindustan Unilever Ltd., P&G, Kao Corporation, Marico Limited, Aveda Corporation, Henkel Corporation, Combe Incorporated, Johnson & Johnson, and Avon.
• Most of the companies are engaged in adopting strategies such as mergers and acquisition, collaborations, and new product development to increase their market share. For instance, in September 2017, L’Oréal and Natura Cosmeticos SA signed an agreement for the sale of The Body Shop to Natura.

Grand View Research has segmented the global hair care market on the basis of type and product:

Hair Care Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Product
• Services

Hair Care Product Outlook (Revenue, USD Billion, 2014 - 2025)

• Shampoo
• Hair Color
• Conditioner
• Hair Styling Product
• Hair Oil

Hair Care Regional Outlook (Revenue, USD Billion, 2014 - 2025)

• US.
• UK
• India
• Brazil

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.

Movies And Entertainment Market to Bring In USD 114.93 Billion by End of the Forecast Period

 Global movies & entertainment market is estimated to reach USD 114.93 billion by 2025, according to a new report by Grand View Research, Inc. Introduction to newer marketing and distribution platforms such as IPTV, digital newspapers, DTH, digital cable, and online sales of music & movies is anticipated to boost industry progress.

Decline in revenue growth in mature markets such as the U.S. and few European countries is witnessed. Major players have adopted strategies like regional expansion and distribution partnerships for expansion to untapped markets. These players have shifted their focus on the production of regional content to establish a strong connection with the audience in these markets.

Big studios are witnessed to adopt enhanced marketing strategies that use advanced digital technology for communication. Investment in promotional activates has increased drastically. Introduction of improved promotional channels is expected to positively influence revenue growth.

Rapid increase in streaming of music has created new opportunities for players to expand their business. Reduction in piracy rates due to the emergence of online streaming service providers is anticipated to prevent loss incurred by artists and producers.

The market has a low competitive rivalry due to the presence of a broad range of audience with different tastes. However, players need to compete to gain large share revenue by attracting more audience. Key players concentrate on establishing a strong connection with the audience through promotional events, consumer goods, and television shows.

Lucrative growth in Asia Pacific countries such as China, South Korea, and India is projected. This is due to the presence of higher young population, rapid adoption of digital technology, and increased disposable income of families in these countries.

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

Further key findings from the study suggest:

• Movies dominated the market with 56.1 % share revenue in 2016.
• Innovation in the production of movies through advanced graphics techniques contributes to lucrative growth.
• Release of 3D motion pictures with sound & visual effects giving users the experience of virtual reality is anticipated to positively influence revenue growth.
• Music & video are poised with fastest growth rate owing to the rapid adoption of online streaming by the audience.
• Emergence of online streaming service providers reflects decline in piracy rates in developed regions.
• Influence of Hollywood on other regional cinemas is expected to drive progress in other countries.
• Efforts to meet higher quality standards and expectations of the audience is attributive to this progress.
• Dominance of Hollywood in the global market is a major factor that contributes to the largest revenue share of North America in 2016.
• However, close competition to Hollywood from emerging markets such as China and India is projected to drive growth for APAC region.
• Key players operating in this industry include CBS Corporation and CBS Broadcasting Inc., Sony Corporation, Disney, Time Warner, 21st Century Fox, Viacom Inc., Comcast (NBCUNIVERSAL MEDIA, LLC. & DreamWorks Animation LLC.).
• Major players focus on the development of regional content to grab the untapped markets.

Grand View Research has segmented global movies & entertainment market on the basis of product and region:

Movies & Entertainment Product Outlook (Revenue, USD Million, 2014 - 2025)

• Movies
• Music & Videos

Movies & Entertainment Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • Japan
• Latin America
  • Brazil
• MEA
  • 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.

Germany Consumer Appliances Market Report by Opportunity, Major Driving Factors and Business Growth Strategies by 2025

 The Germany consumer appliances market is expected to reach USD 20.8 billion by 2025, according to a new report by Grand View Research, Inc. This report includes a detailed market analysis of the Germany household appliances market and market shares of major domestic appliances and minor domestic appliances. The report also covers different factors that have led to the growth and decline in this market space along with a brief market snapshot.

Germany is considered a matured and a developed market in the household 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 these household appliances in the German market depends 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 the 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.

Under consumer appliances industry, the household appliances, also known as white goods has been segmented into two major parts, Major domestic appliances and minor domestic appliances. This classification is based on the utility of the appliances such as cooling, cooking, heating and cleaning. For instance, refrigeration appliances, washing appliances (clothes washers, dryers, and others), room comfort (cooling systems, room warmers, fans, dehumidifiers and others), water heaters, cleaning appliances (vacuum cleaners, dish cleaners and others) and entertainment appliances and machines (TVs, Laptops, smartphones and others).

The small household appliances such as blenders, toasters, mixers, and hotplates also support the growth and development of the overall home appliances industry in Germany but at a slow pace.

The Germany household appliances market has additionally been fragmented based on the distribution channel into E- retailers, departmental stores, Hypermarkets, supermarkets, and others. Although e retailers and departmental stores have been mostly used by the 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 the household appliance purchases. This, in blend with creative credit plans, Discounts and offers is making the procurement of household appliances less demanding for middle incomed people.

The significant players in the home appliances market in the 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.

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

Further key findings from the report suggest: 

• The German household appliances market is growing at a CAGR of 1.3% and is expected to reach USD 20.8 billion by 2025. Major reasons behind the growth being, recovery of European economy and influx of smart appliances in the market.
• By 2025, under the product segment, major household appliances are expected to reach a value of USD17.6 billion. This can be attributed to the growing purchasing power of the consumers in Germany.
• The minor domestic appliances market is expected to reach USD 3.2 billion by 2025 with a CAGR of 0.8% during the forecast period.
• The Germany household appliances market currently represents approximately 23% of the total European household appliances market.
• Among the distribution channels, E-retailers like Amazon and Otto are growing the fastest at a CAGR of 1.6% followed by departmental stores like Aldi and Metro progressing at a CAGR of 1.5% during the forecast period.
• Out of the many commercial players in this market space, the big players who are going to enjoy major market share are, Whirlpool, Electrolux AB, LG Electronics, Panasonic Corporation, Samsung Electronics, Arcelik A.S and Gorenje Group.

Grand View Research has segmented the Germany household appliances market based on product type and distribution channels.

Germany Consumer Appliances Product Outlook (Revenue, USD Billion, 2014 - 2025)

• Major Domestic Appliances
• Minor Domestic Appliances

Germany Consumer Appliances Distribution Channel Outlook (Revenue, USD Billion, 2014 - 2025)

• E-retailers
• Discount, variety stores and general merchandisers
• Hypermarket, supermarket and discounters
• Department stores
• Other

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. Hotels, Resorts & Cruise Lines Market Technological Advancements And Mounting Demand Forecast by 2025

 The U.S. hotels, resorts & cruise lines market is expected to reach USD 299.3 billion by 2025, according to a new report by Grand View Research, Inc. As travel and tourism keep on growing every year, hotel and cruise line industry are recognized as an ever-blooming business. High competition is observed amongst the companies due to soaring demand for accommodation. This, in turn, is anticipated to boost the revenue inflow in this market.

Currently, majority of the population are tech-savvy and are comfortable using mobile apps and websites. Customers prefer to plan their trips and search for hotel options all via a digital interface. As a result, hotels are engaged in offerings up-to-date and user-friendly services such as online bookings, cancellation, and payment mode. This, in turn, is expected to enable company in reinforcing their presence in the space.

Effective usage of digital marketing & social media promotions is recognized as the high driving force for the market. This is mainly because it allows maintaining harmony and synergy between companies and customers, thereby driving booking rates. Moreover, usage of public forum like Yelp helps in understanding the customer’s’ expectation which further helps in devising the investment plans as per the customer’s need.

However, alternate accommodation such as Airbnb and security challenges associated with this industry is expected to slow down the market throughout the forecast period.

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

Further Key Findings From the Report Suggest:

• Hotel & motel dominated the market in 2016 with respect to revenue generation
• Presence of a substantial number of international hotels in the U.S. has contributed to the largest share of this segment
• In the crowded tourist or travel spots, it is easy to spot hotels in every locality
• Cruise lines is the fastest growing segment
• Understanding the growth potential of cruising travel, the cruise line industry is committed to add new capacity in its lines
• The cruise lines are continuously putting efforts for improving its “cheap and fun vacation deals”
• These factors are expected to lucratively enhance the segment growth throughout the forecast period
• Some major hotel companies that are operating in the space are Hyatt Corporation, MARRIOTT INTERNATIONAL, INC.; and Hilton
• Royal Caribbean International and Carnival Corporation & plc are some prominent cruise line in the market
• These companies are observed to make significant investment to boost their service portfolio and meet the customers’ expectations

Grand View Research has segmented the U.S. hotels, resorts & cruise lines market on the basis of facility type:

U.S. Hotels, Resorts & Cruise Lines Facility Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Hotels and Motels
• Cruise Lines

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.

Ceiling Tiles Market to Exhibit Impressive Growth by 2025|Top Industry Leaders Burgess CEP, Hunter Douglas

 The global ceiling tiles market size is expected to reach USD 9.91 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.3% during the forecast period. The positive growth trends in the commercial construction sector across the globe are expected to play a vital role in creating ample scope for the consumption of building materials thereby driving the market growth.

Ceiling tiles are utilized primarily for providing better acoustic insulation to interior constructions. The raw materials such as mineral wool, metal, and gypsum have significant noise reduction coefficient and they are light in weight and environment-friendly; which makes them favorable for use in ceiling systems. This factor is projected to drive the product demand in the forthcoming years.

The market participants supply ceiling tiles through different distribution channels including direct supply, wholesale or bulk selling, third-party supply contracts, and through online portals. The major players are expected to be benefited from third-party agreements, by obtaining access to the regional distribution and marketing networks.

Rising demand for decorative interiors and exterior in the construction sector has urged the use of advanced designing and printing technologies in the building materials market. Innovation in an enhancement of aesthetics of non-residential buildings is expected to create new avenues for research and development in terms of providing improved visual effects and finishing of ceilings.

Environmental concerns regarding waste generation are expected to create the need for inventions in recycling and reuse technologies in the ceiling tiles market. Recycling of waste mineral tiles has boosted sustainable development in the industry and has minimized the dumping of ceiling tiles in landfills primarily in developed economies of North America and Europe.

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

Further key findings from the report suggest:

• Mineral wool ceiling tiles include wet felt, cast mineral fiber as well as fiberglass and accounted for 42.2% of the market share in terms of revenue in 2018 on account of superior performance and recyclability of the product
• Metal-based segment is expected to register a CAGR of 9.4% from 2019 to 2025 and is expected to be the second fastest growing segment on account of extensive product portfolio manufactured using steel, aluminum, and tin offering high durability products
• Non-residential application segment accounted for 92.1% of the revenue share in 2018 as these products are majorly used in offices, retail stores, institutes, healthcare, and hospitality sector to improve aesthetics as well as to offer acoustic insulation
• The product demand primarily from offices is expected to register the highest CAGR 9.7% from non-residential application segment on account of increasing construction of new office spaces across the globe
• North America accounted for 33.9% of revenue share in 2018 on account of high adoption of the tiles to improve aesthetics and thermal and acoustic insulation in non-residential buildings primarily offices, institutes, and commercial spaces
• The ceiling tiles market is highly fragmented in nature with the presence of global and regional players. The major players implement various strategies such as acquisitions of business assets of raw material providers, product upgrades, and accessing global distribution network.

Grand View Research has segmented the global ceiling tiles market on the basis of product, application, and region:

Ceiling Tiles Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

• Mineral Wool
• Metal
• Gypsum
• Others

Ceiling Tiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

• Non-Residential
• Residential
• Industrial

Ceiling Tiles Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Russia
  • Spain
  • Italy
  • Austria
  • Poland
  • Belgium
  • Switzerland
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
• 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.

Waterproofing Membranes Market to Incur High Value Growth at 8.5% CAGR from 2019 to 2027: Grand View Research Inc.

 The global waterproofing membranes market size is expected to reach USD 44.48 billion by 2027, registering a revenue-based CAGR of 8.5% during the forecast period, according to a new report published by Grand View Research, Inc. Rising demand for the product in water and wastewater management systems coupled with growing building and construction activities is expected to drive the growth.

Climate change is exerting a negative effect on the geographical distribution of rainfall patterns across the globe. Many governments are focusing on adopting and promoting various modes of water conservation and water treatment. As a result, increasing utilization of waterproofing membranes in water and waste management applications is expected to boost the demand for over the forecast period.

Rising preference for green building materials is expected to spur the demand for bio-based waterproofing membranes. Furthermore, increasing government regulations to discourage the production and usage of petroleum-based membranes is anticipated to drive the demand for the bio-based waterproofing membranes.

The market players are extensively investing in R&D developing novel waterproofing materials. Various research initiatives undertaken by the leading industry participants such as Pidilite Industries, Eastman Chemical Company, and Sika AG are expected to provide a major boost to the market in near future.

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

Further key findings from the report suggest:

• The Germany waterproofing membranes market is expected to expand at a CAGR of 7.9% over the projected period owing to the rising utilization of the product to protect the buildings against the damages caused by water seepage and moisture
• Polyurethane liquid applied membrane is projected to register a CAGR of more than 10% in terms of revenue, from 2020 to 2027, owing to factors such as the ability of the product to provide a superior moisture barrier and enhanced durability, versatility, excellent strength-to-weight ratio, and insulation
• Ethylene Propylene Diene Monomer (EPDM) sheets membranes accounted for a revenue share of 28.5% of the global sheet waterproofing membrane segment in 2019 on account of higher penetration rate due to superior performance in colder climatic conditions
• The product demand in China was valued at USD 2.21 billion in 2019 owing to continued investments in commercial and residential construction activities propelled by a growing population, per-capita income, and low-interest rates
• The market players focus on developing markets such as India, China, and Southeast Asian countries to tap the robust opportunities resulting from the rapid growth of the construction sector

Grand View Research has segmented the global waterproofing membranes market on the basis of, application, end use, and region:

Waterproofing Membranes Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• Liquid Applied Membranes
  • Cementitious
  • Bituminous
  • Polyurethane
  • Acrylic
  • Other
• Sheet Membranes
  • Bituminous
  • Polyvinyl Chloride (PVC)
  • Ethylene Propylene Diene Monomer (EPDM)
  • Other

Waterproofing Membranes End-use Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• Roofing
• Walls
• Building Structure
• Tunnel & Landfills
• Other

Waterproofing Membranes Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
• 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.

Protein Ingredients Market to Expand with Significant CAGR During 2020 – 2027: Grand View Research Inc.

 The global protein ingredients market size is projected to be valued at USD 76.47 billion by 2027, as stated by a new report published by Grand View Research, Inc. In terms of revenue, it is likely to expand at a CAGR of 9.1% during the forecast period. Rising demand for food products rich in nutrients is projected to propel the growth.

Growing health consciousness among consumers is anticipated to propel the market for plant and dairy products that reduce the risk of diabetes and Cardiovascular Diseases (CVDs). Plant and dairy based ingredients have been approved as vital ingredients by the European Union and are authorized for consumption by the U.S. Food and Drug Administration (FDA) along with other countries across the globe including Australia, Japan, and Canada.

Food and beverages industry consists of a wide product portfolio, in which food industry comprises consumer food, food additives, dietary as well as nutraceutical supplements, and animal foods and feed ingredients. Similarly, beverages industry constitutes of products, such as aerated drinks, alcoholic drinks, juice or health drinks, and non-alcoholic drinks. Therefore, the increasing demand for the protein ingredients product is expected to spur the market over the forecast period.

Soy protein has dominated the plant protein ingredients market over the years. It is derived from soybean and contains all the nine essential amino acids. The prime reason for the high growth of this segment is the availability of a variety of forms being developed for novel applications. Soy protein forms range from fortified, flavored, extruded meat analogs, and colored to pure protein isolates with specialized capabilities.

The market is highly fragmented in nature owing to the lack of brand awareness and an absence of consumer loyalty. Supermarkets and hypermarkets account for a majority of the product sales, followed by specialty drug stores and online stores. This trend is expected to continue with retailers like Costco and Walmart increasing the shelf space of private labels through new formulations, in-store customer education, and innovative packaging.

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

Further key findings from the report suggest:

• Animal proteins product segment led the market, accounting for over 56.8% market share in terms of volume in 2019 owing to the increasing utilization of whey protein concentrates in manufacturing dairy desserts, beverages, and yogurt products
• Soy is predicted to be the largest product segment by 2027. It is expected to be the highest revenue-generating segment constituting over 43% protein ingredients market share in 2019
• Food and beverages application segment is expected to register the highest expansion in terms of revenue at a CAGR of over 8.7% owing to the increasing demand for gelatin owing to its various properties including its ability to act as a complexing/stabilizing agent, and flavor enhancer in food and beverages sector is expected to spur the market over the forecast period
• North America was the largest regional segment accounting for 44.4% of the total market share in terms of revenue and is expected to expand at a CAGR of 8.9% between 2020 and 2027
• In August 2019, Cargill, Incorporated invested USD 75 Million in Puris, a Oskaloosa, U.S.-based company engaging in the cultivation of plant-based ingredients. Puris supplies its products to Beyond Meat, a Los Angeles-based manufacturer of plant-based meat substitutes. This strategy highlights the demand for pea protein ingredients in the U.S. market

Grand View Research has segmented the global protein ingredients market on the basis of product, application, and region:

Protein Ingredients Product Outlook (Volume, Kilotons, Revenue, USD Million, 2016 - 2027)

• Plant Proteins
  • Wheat
  • Soy
  • Pea
  • Canola
  • Rice
  • Potato
  • Hemp
  • Oat
  • Almond
  • Corn
  • Others
• Animal/Dairy Proteins
  • Egg Protein
  • Milk Protein Concentrates/Isolates
  • Whey Protein Concentrates
  • Whey Protein Hydrolysates
  • Whey Protein Isolates
  • Gelatin
  • Casein/Caseinates
  • Collagen Peptides

Protein Ingredients Application Outlook (Volume, Kilotons, Revenue, USD Million, 2016 - 2027)

• Foods & Beverages
• Infant Formulations
• Personal Care & Cosmetics
• Animal Feed
• Others

Protein Ingredients Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • UK.
• Asia Pacific
  • China
  • Japan
  • 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.

Whey Protein Market Revenue Sales to Reach USD 12.8 Billion by 2025: Grand View Research Inc.

 The global whey protein market size is expected to reach USD 12.8 billion by 2025, expanding at a CAGR of 8.1% from 2019 to 2025, according to a new report by Grand View Research, Inc. The market growth is attributed to growing awareness regarding benefits such as improvement in body composition, weight loss, metabolism, muscle growth and recovery, lever health, immunity, and digestive system. It also provides antioxidant support and treats inflammation.

Growing penetration of the product as a protein supplement owing to increase in consumption among infants, adults, baby boomers, athletes, and strength and high intensity trainers has been contributing to the growth of the global market. For instance, Davisco Foods International produces products such as BiPRO and BioZate in dairy products, whereas, it is planning to expand its product line for other applications in industries such as food service, sports nutrition, cosmetics, and infant formula.

Concentrates held the largest share of 46.2% in 2018. They find their major application in the food processing industry as protein beverages, food supplements, baked goods, and infant formulas. Isolates is estimated to be the fastest growing type, expanding at a CAGR of 8.6% over the forecast period.

Growing concerns over high protein intake and less fat resulted in an increase in demand for protein isolate. Many of the companies are coming up with new product launches. For instance, North Bay’s XP labs launched ISO XP strawberry flavored isolate. Similarly, Glanbia nutritional launched BevEdged protein powder isolate, which enables citrus and berry flavored protein drink mixes.

The nutritional application segment is expected to expand at a CAGR of 8.7% over the forecast period. Nutritional products are primarily required for muscle strengthening and recovery after athletic activities. Many of the companies are coming up with nutritional products. For instance, Abott’s Ensure max protein café mocha nutritional shake provides high quality protein to keep muscles strong and satisfy hunger. The product is gluten-free and suitable for lactose intolerance.

North America was the largest regional market with a revenue of USD 2.7 billion in 2018. The region is expected to maintain its lead over the forecast period. It recorded the highest consumption of dairy products. Due to increase in awareness about the health requirements and dairy products’ benefits, North America emerged as the adapter of whey protein owing to change in lifestyle and work culture. For instance, Fonterra Cooperative Group invested in Columbia River Technologies, a whey protein concentrate manufacturer, to expand its network for infants and sports nutrition customers.

Asia Pacific is anticipated to emerge as the fastest growing region, expanding at a CAGR of 9.0% over the forecast period. Growing population, prescriptions of supplements by doctors, emergence of whey protein pediatric milk, sports nutrition, and growing application of whey protein in the personal care industry are driving the market. Companies such as Amul and Paras manufactures Amul Pro Whey protein milk for all age groups but especially for kids, which provides quick nourishment to muscles.

Key players in the market include Hilmar Cheese Company; Maple Island Inc.; Glanbia; Saputo Inc.; Davisco Foods International Inc.; Alpavit, Fonterra Cooperative Group Ltd.; Milk Speciality Globals; Wheyco Gmbh; and Milkaut SA.

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

Further key findings from the report suggest:

• By type, concentrates led the market and held 46.2% share of the global revenue in 2018
• North America dominated the market in 2018 with a revenue of USD 2.7 billion in 2018. This trend is projected to continue over the next few years
• Asia Pacific is expected to witness significant growth in the coming years on account of increase in awareness and change in lifestyle
• The whey protein market is highly competitive in nature with the main players including Davisco Foods International Inc., Alpavit, and Fonterra Cooperative Group Ltd.
• Various manufacturers are concentrating on new product launches and capacity expansion to estimate existing and future demand patterns from the upcoming product segments.

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

Whey Protein Type Outlook (Revenue, USD Billion, 2015 - 2025)

• Isolates
• Concentrates
• Hydrolysate

Whey Protein Application Outlook (Revenue, USD Billion, 2015 - 2025)

• Nutritional
• Personal Care
• Food
• Feed

Whey Protein Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

Traffic Road Marking Coatings Market to Register Stable Expansion During the Forecast Period

 The global traffic road marking coatings market size is expected to reach USD 7.1 billion by 2027, at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Technological advancements and increased concern about public health and safety are factors driving market growth. Growing environmental concerns are driving the need for greener products in an attempt to support a healthy environment.

Paints are regarded as a major source of harmful volatile organic compounds (VOC) emissions. This has resulted in the development of thermoplastic coatings and other eco-friendly alternatives. Increasing instances of road fatalities is another primary concern which is compelling regional governments to invest in technological development to ensure highway safety and maintenance. There is a need for technological development to deal with issues such as traffic safety efficiently, which, in turn, drives the product demand.

Manufacturers are taking initiatives to develop innovative marking systems and temperature-sensitive paints, which is expected to drive market growth. Various initiatives to improve road safety and maintenance and prevent accidents are expected to positively influence the overall market.

Furthermore, favorable regulations established by agencies such as the Environmental Protection Agency (EPA), Traffic Signs Regulations and General Directions (TSRGD) 2002 by the Department for Transport (DT), and initiatives by the European Union to make roads safer are expected to boost the market growth.

The overall growth rate of the traffic road marking coatings market depends on the high potential regions, such as Asia Pacific and Middle East and Africa, where the industrial output is expected to increase over the forecast period. Due to a considerable rise in consumerism, which is driven by economic growth, favorable credit landscape, and increased disposable income, various countries, particularly India and China, have witnessed an exponential rise in manufacturing activities. This has impacted the logistics activities in the aforementioned regions, thereby boosting the demand for traffic road marking coatings for safer roads.

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

Further key findings from the report suggest:

• Thermoplastic coatings is expected to emerge as the fastest-growing product segment in terms of revenue over the forecast period. This growth is attributed to its properties such as longevity and retro-reflectivity
• In terms of volume, paint dominated the market in 2019 with a share of 44.9% owing to its wide application for crosswalks, airport runways, and highways
• Asia Pacific is estimated to witness the highest growth rate over the forecast period on account of rise in infrastructure spending in emerging economies such as India, China, and Japan
• Key players operating in the market include BASF SE, Sherwin-Williams Company, Borealis AG, SealMaster, Armacell International S.A., and Recticel Group.         

Grand View Research has segmented the global traffic road marking coatings market on the basis of product, type, application, and region:

Traffic Road Marking Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Paint
• Thermoplastic
• Preformed Polymer Tape
• Epoxy

Traffic Road Marking Coatings Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Permanent
• Removable

Traffic Road Marking Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Road Marking Lines
• Road Marking Labels

Traffic Road Marking Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

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

Automotive Wrap Films Market Industry Outlook & Future Forecast Report Till 2027: Grand View Research Inc.

 The global automotive wrap films market size is expected to reach USD 17.6 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to expand at CAGR of 22.5% over the forecast period. High application scope, coupled with increasing demand from light duty vehicles, is likely to have a positive impact on market growth. The market has witnessed major advancements, both in terms of technology and material, to facilitate low cost and mass production of automotive wrap films. This has also led to flexibility in design and ease of manufacturing for a wide range of applications including heavy, medium, and light duty vehicles.

Demand for automotive wrap films in Asia Pacific is expected to register the fastest CAGR during the forecast period. Growing automotive industry, coupled with rising population and increasing disposable income of middle-class families in emerging economies of the region, is likely to be the primary driving factor in the coming years. Moreover, growing interest in vehicle color change among consumers is expected to propel demand for automotive wrap films in the region.

The medium duty vehicles segment is anticipated to witness considerable growth during the forecast period. Rapid industrialization, coupled with government initiatives to facilitate various policies in economies such as India, is projected to drive growth over the next few years. Growing population in the region also creates significant opportunities for development of the automotive wrap films market over the forecast period.

Growing construction, transportation, and industrial sectors are likely to increase sales of heavy-duty vehicles during the forecast period. Increasing demand for vehicle branding, coupled with rising number of heavy-duty vehicle sales in North America, is expected to have a positive impact on the demand for automotive wrap films in the coming years.

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

Further key findings from the report suggest:

• Light-duty vehicles are expected to be the fastest growing application segment in the automotive wrap films market
• North America was estimated as the largest market for automotive wrap films in 2019, owing to increasing demand for vehicle branding, coupled with rising number of heavy-duty vehicle sales in the region
• S. is the fastest growing country in the North America market on account of rising demand for customized vehicles.

Grand View Research has segmented the global automotive wrap films market on the basis of basis of application and region:

Automotive Wrap Films Application Outlook (Revenue, USD Million, 2016 - 2027)

• Heavy duty vehicles
• Medium duty vehicles
• Light duty vehicles

Automotive Wrap Films Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Belgium
  • Netherlands
  • Spain
  • Poland
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Indonesia
  • Malaysia
  • Thailand
  • New Zealand
  • Philippines
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • 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.