Wednesday, 14 October 2020

Liquid Silicone Rubber Market Pegged for Strong Growth During the Forecast Period

 The global liquid silicone rubber market is expected to reach USD 3.29 billion by 2025, according to a new report by Grand View Research, Inc. Increasing applications in end-use segment, particularly in medical and electronics industry has propelled the demand for the overall market. In addition, rising geriatric population and new material developments continue to fuel the demand of overall market.

Unique properties of liquid silicone rubber such as chemical inertness, heat resistance, flexibility, low viscosity has made it an ideal material to be incorporated into medical implants and devices. Moreover, the market is undergoing through extensive research and development process to innovate the material technology, which creates huge growth opportunities in upcoming years for the market.

Industrial grade was the largest segment in grade category in 2015 and held 53.5% of the overall market revenue. Automotive sector includes major applications of liquid silicone rubber in manufacturing of LED headlights, wiper blades and several other electronic components.

Medical application was the fastest growing segment over the forecast period with an estimated CAGR of around 9% from 2016 to 2025. The material is biocompatible thus has major applications in medical implants & devices, equipment parts such as sterilized parts, valves, skin contact devices, infusion pumps and others.

Access Research Report of Liquid Silicone Rubber Market @ https://www.grandviewresearch.com/industry-analysis/liquid-silicone-rubber-lsr-market

Further key findings from the report suggest:

  • The global liquid silicone rubber market revenue reached USD 1.5 billion in 2015 and is expected to grow at a CAGR of 7.9% from 2016 to 2025
  • Industrial grade emerged as the largest grade segment in 2015 and is estimated to generate revenue over USD 1.7 billion by 2025
  • Global liquid silicone rubber revenue in medical application was USD 285.6 million in 2015 and is anticipated to witness staggered growth over the next nine years
  • The U.S. liquid silicone rubber market in medical application is expected to reach a total revenue of over USD 234.4 million by 2025
  • The industry in Asia Pacific is projected to witness rapid growth over the next decade owing to various developments across major economies, especially in the automotive and electronics industry. The regional market is expected to grow at a CAGR of 8.6% from 2016 to 2025
  • Key participants in the market include Dow Corning, Momentive Performance Materials Inc., KCC Corporation, Simtec Silicone Parts, LLC, Bluestar, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Nusil Technology LLC, Laur Silicone and others. In the recent years, new product developments and acquisitions have been the major growth strategy acquired by key industry players for enhancing their market positions.

Grand View Research has segmented the global liquid silicone rubber market on the basis of grade, application and region:

Grade Outlook (Revenue, USD Million; 2013 - 2025)

  • Food
  • Medical
  • Industrial

 Application Outlook (Revenue, USD Million; 2013 - 2025)

  • Medical
  • Automotive
  • Consumer Goods
  • Electricals & electronics
  • Others

 Regional Outlook (Revenue, USD Million; 2013 - 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.

Paint Additives Market to Witness Tremendous Growth and Expansion by 2025

 The global paint additives market size is expected to reach USD 10.9 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.0% during the forecast period. The industry is driven by growing demand from industrial and architectural segments. Paints and coatings are used in a wide range of applications in industries such as oil and gas, marine, aerospace, cookware and household, furniture, machinery, and automotive.

Paint Additives

Currently, an increasing number of industry participants are moving toward manufacturing “green paints” - environment-friendly paints with zero volatile organic compound. This trend is primarily owing to a shift in consumer preferences, influenced by stringent regulatory policies. These aspects are expected to positively influence the market over the forecast period.

Increase in construction spending in emerging economies is expected to boost demand for various types of paints and coatings in the buildings and construction segment, consequently driving demand for paint additives. Surge in demand for paints and coatings, particularly powder-based coatings, is expected to benefit the overall product sector.

Access Research Report of Paint Additives Market@ https://www.grandviewresearch.com/industry-analysis/paint-additives-market

As of 2019, there are more than 70000 commercial construction businesses in the United States, with the spending in 2017 in this sector being USD 1.23 trillion, and with building and construction segment being one of the major contributors for paint additive products, this market is expected to show promising growth in coming years. 

Many formulators are being pressurized to reduce VOCs for marine and protective coatings, with countries like China and Korea implementing regulations strongly. Also, manufacturers are striving to reduce costs in coating processes through proper rheological modification. There is a lot of focus on development of low- and zero-VOC products, which would conversely help in the growth of the paint additives market.

The U.S. Green Building Council launched the LEED v4.1 green building program in April 2019, with the emission evaluation requirement for paints, sealants, adhesives and coatings being reduced from 90% to 75%. Decisions and developments by the USGBC will have a major effect on the growth of the paint additives market for the construction industry.

Industrial paint consumption is expected to receive significant boost in India, with the manufacturing sector in the country predicted to be among the top three growth economies and manufacturing destinations globally by 2020. This will have a very positive effect on the growth of the future market.

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.

Construction Additives Market to Partake Significant Development During 2018 to 2025

 The global construction additives market size is expected to reach USD 38.32 billion by 2025, according to a report published by Grand View Research, Inc., registering a CAGR of 8.8%. The market for construction additives is anticipated to be driven by growing awareness regarding advantages of construction additives among infrastructure developers, contractors, and designers. In addition, extensive use of construction additives in residential and commercial buildings is expected to boost market growth.

Construction Additives

Construction additives are advance materials, which have emerged as a viable solution for improving the quality of buildings and infrastructure. Additive concrete, compared to other conventional concrete types, possesses useful properties such as durability and high strength, which makes it ideal for use in infrastructure components.

By type, chemical is anticipated to be the fastest growing segment owing to its wide-ranging use in the construction sector. Its low cost, compared to other construction additives, is a major growth driver for this segment.

Booming hospitality industry all over the world, in addition to increasing number of medical centres, is responsible for enabling the commercial segment expand at the highest CAGR. On the other hand, increasing disposable income in developing countries, coupled with increasing government projects, is expected to drive the residential and infrastructure segments.  

Key players are investing in educating builders and contractors regarding the significance of using construction additives to enhance quality and endurance of construction. These players are also heavily investing in R&D activities, most of which are focused on manufacturing products that are suitable for various conditions at an affordable price.

Access Research Report of Construction Additives Market https://www.grandviewresearch.com/industry-analysis/construction-additives-market

Further key findings from the report suggest:

  • The chemical additives segment is anticipated to be exhibit the highest growth in terms of revenue, with a CAGR of 9.3% over the forecast period. Low cost and ease of use make it ideal for residential and commercial construction
  • The commercial segment is the largest end user in the global construction additives market. Extensive use of construction additives in high-rise buildings, hotels, malls, and hospitals is driving this segment
  • Asia Pacific is expected to be the largest as well as fastest-growing regional market, exhibiting a CAGR of 10.2% in terms of revenue over the forecast period. Rapidly growing population and rising government mega infrastructure projects in the region is expected to further boost market demand  
  • Many major players have invested in research and development activities in order to develop more effective and affordable products. Companies are also focusing on expanding their businesses in developing countries.

Grand View Research has segmented the global construction additives market on the basis of type, end use, and region:

Construction Additives Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

  • Chemical
  • Mineral
  • Fiber

Construction Additives End-use Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

  • Residential
  • Commercial
  • Infrastructure

Construction Additives Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)

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

Tuesday, 13 October 2020

Athleisure Market to Reach USD 517.5 Billion by 2025: Grand View Research Inc.

 Athleisure Market Growth & Trends

The global athleisure market size is expected to reach USD 517.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.1% over the forest period. Increasing adoption of fashionable active wear in corporate houses and work places is expected to be a key driver. In addition, extensive brand campaigns by apparel manufacturers through the inclusion of various media and sports celebrities have changed the perception of active wear as a fashionable wear among millennial and young customers across the globe.

Athleisure

Premium athleisure was the largest product segment with a market share of more than 65.0% in 2018. Major manufacturers including Adidas AG;Lululemon Athletica, Inc.; Nike, Inc.; PUMA SE; and Under Armour, Inc. are collaborating with the celebrities and launching new products in order to gain maximum customers.

For instance, in March 2016, Julianne Hough signed an agreement with MPG Sport USA for promoting athleisure collection. The company collaborated with the actress for influencing the customers with a fitness freak actress. These initiatives are expected to increase the product’s visibility among buyers over the next few years.

Asia Pacific is expected to be the fastest growing region at a CAGR of 8.8% from 2019 to 2025. Over the past few years, the industry participants have adopted marketing strategies including innovative product launches, celebrity endorsements, increasing exclusive stores, and focus on e-commerce in order to cater to the increasing demand for technological advanced products in the developing countries including China and India.

For instance, in April 2018, Adidas AG announced to close their brand stores and focus on the development of e-commerce. The company has already closed around 220 stores across the globe in 2017 and is aiming to increase the revenue generated from e-commerce. These trends are expected to boost the market growth over the forecast period.

Key players include Lululemon Athletica, Inc.; Adidas AG; Nike, Inc.; PUMA SE; Under Armour, Inc.; AJIO Company; H&M; HUMAN PERFORMANCE ENGINEERING; EYSOM, LLC; and Esprit Retail B.V. & Co. KG. Product innovation is expected to remain a critical success factor among the manufacturing firms over the next few years.

Request a free sample copy or view report summary: Athleisure Market Report

Athleisure Market Report Highlights

  • Asia Pacific for athleisure market is expected to register the fastest CAGR of 8.8% from 2019 to 2025
  • North America was the largest market, with a share of more than 30.0% in 2018
  • Premium athleisure was the largest product segment, with a share of more than 65.0% in 2018
  • Online is expected to be the fastest growing segment at a CAGR of 8.5% from 2019 to 2025.

Athleisure Market Segmentation

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

Athleisure Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Mass
  • Premium

Athleisure Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

  • Offline
  • Online

Athleisure Regional Outlook (Revenue, USD Billion, 2015 - 2025)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
    • 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.

Monday, 12 October 2020

Men’s Underwear Market Industry Outlook & Future Forecast Report Till 2025

 The global men’s underwear market size is expected to reach USD 14.57 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.3% during the forecast period. Increasing awareness about health, best fit and personal hygiene, and rise in millennial population, are expected to drive the growth. Increasing availability of a wide range of products in multiple designs suitable for various purposes such as sports, regular wear, and functional wear among others is projected to further fuel the demand.

Improving fashion trends, increasing disposable income, and changing consumer lifestyle and preferences are expected to boost the market growth. Increasing concerns regarding the fabric used for manufacturing underwear is one of the major factor driving the market. Availability of a wide variety of fabrics such as cotton, polyester, nylon, rayon, silk, and cotton blends further drive the product demand. Underwear manufactures are focusing on intimate product designs and patterns such as thongs, C-string, tanga, and jockstraps among others, which is projected to further fuel the product demand.Millennials are more receptive to new and different products. Demand for new and innovative products in terms of color, fabric, print, and style among others is high among millennials, which in turn is creating opportunity for the manufactures in the market.

Companies focus on R&D to make the products suitable for all shapes and sizes. Innovation in advance tailoring along with new fabric modal, viscose or merino wool, helps in reducing moisture and regulate temperature is driving the competitiveness in the market. For Instance, Saxx offer 3D hammock shaped pouch that prevent skin-against-skin friction with the help of mesh panels which features no exposed stitching for chafe free comfort. Also, Under Three-D fit range they have created a 3D shaping around glutes, thighs, quads and hamstrings by using nine panels of fabric to make consumers fit, feel and functional.

By type, the men’s underwear market is segmented into briefs, boxer brief, trunks, boxers, and others. Boxer brief is estimated to hold the largest market share of approximately 33.0% owing to the factors such as sleek fit, better support, and comfort offered by the product. Boxer brief are designed to imitate tapered boxers with a snug fit and they remain comfortable like briefs. They are available with numerous pouch options, for instance the contour pouch by Calvin Kelvin.

Trunks is estimated to register the fastest CAGR of 5.7% from 2019 to 2025. Trunks are gaining popularity among millennials and Generation X as they are more versatile and suitable for everyday wear including dressing up occasions and for sportswear. Trunks are lean short than boxer brief which allow the legs and thighs to look muscular and slimmer, which drives their popularity among younger generation.

By Fabric, the market is segmented into cotton, polyester, modal, nylon, and others. Cotton fabric underwear held the largest market share of approximately 68.0% in 2018, attributed to the properties of the cotton that makes underwear soft, lightweight, and more breathable. Consumers prefer cotton fabric underwear over others for the comfort, high absorbency, and moisture resistance of the fabric. Modal fabric underwear is projected to register the fastest CAGR of 5.6% over the forecasted period. It is a type of rayon and the second generation regenerated cellulosic fiber which is around 50% more absorbent than cotton. It is the softest fabric in men’s underwear segment. Shrink resistance, high wet strength, and absorbent properties of the fabric make it more durable and able to sustain multiple washes and suitable for tumble dry.

Asia Pacific is the largest and fastest growing market for men’s underwear. It is projected to expand at the fastest CAGR of 5.9% over the forecasted period. High demand for underwear owing to high male population in the region can be accredited to the growth. China and India accounted for male population of 714 million and 694 million respectively in 2017. Both these countries together account for more than 70.0% of the regional market.

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

Further key findings from the report suggest:

  • Boxer brief type segment held the largest market share of approximately 33.0%% in 2018 and is expected to reach USD 4.9 billion by 2025
  • Cotton fabric held the largest market share of more than 68.0% in 2018, driven by the properties of cotton that make the underwear soft, lightweight, more breathable,highly absorbent, and moisture resistant
  • Key players in the men’s underwear market are Phillips-Van Heusen Corporation; Hanesbrands Inc.; Jockey International Inc.; American Eagle Outfitters Inc. and Ralph Lauren Corporation

Grand View Research has segmented the global men’s underwear market on the basis of type, fabric, and region:

Men’s Underwear Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Briefs
  • Boxer Brief
  • Trunks
  • Boxers
  • Others

Men’s Underwear Fabric Outlook (Revenue, USD Million, 2015 - 2025)

  • Cotton
  • Polyester
  • Modal
  • Nylon
  • Others

Men’s Underwear 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.

Pet Shampoo Market Report by Opportunity, Major Driving Factors and Business Growth Strategies by 2025

 The global pet shampoo market size is expected to reach USD 757.7 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.4% during the forecast period. Increasing rate of pet adoption among millennials is expected to remain a key growth driver. In addition, rising awareness about animal health and hygiene among the pet owners is expected to fuel the product demand.

Pet Shampoo

Dog products segment held the leading market share exceeding 30% in 2018. The dog adoption rate has been increasing in countries, including U.S., Argentina, Mexico, Brazil, U.K, Russia, China, Japan, Philippines, and India. This trend is anticipated to boost the demand for dog shampoos in the upcoming years.

The commercial application segment held the largest market share of over 60% in 2018. Growing number of pet stores on a global level has been driving the application in the commercial sector. Furthermore, the bulk requirements from the growing animal boarding and grooming services has been impacting the market positively.

The online distribution channel is expected to witness the fastest growth in near future. The prominent e-commerce players in the pet shampoo market include Amazon; PetSmart Inc.; BarkBox; Petco Animal Supplies, Inc.; PetFlow; Bulk Reef Supply; TABcom LLC; and PetMed Express, Inc.

Asia Pacific is anticipated to register the fastest CAGR of 13.8% from 2019 to 2025. China, Australia, India, South Korea, and Philippines are the major economies in the region. Rapid pace of urbanization along with the increasing purchasing power of consumers is expected to boost the regional market growth in near future.

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

Further key findings from the report suggest:

  • Household application is expected register the fastest CAGR of 6.7% from 2019 to 2025
  • Commercial segment held the largest market share of more than 50% in terms of revenue in 2018
  • Offline distribution channel held the leading market share of around 90% in 2018
  • Online distribution channel is expected expand at the fastest CAGR of more than 10% during the forecast period
  • The key competitors in the market include Groomer's Choice; SynergyLabs; Vet's Best; Himalaya Herbal Healthcare; Petco Animal Supplies, Inc.; Logic Product Group LLC; Wahl Clipper Corporation; 4-Legger; Earthwhile Endeavors, Inc.; and World For Pets

Grand View Research has segmented the global pet shampoo market on the basis of animal, application, distribution channel, and region:

Pet Shampoo Animal Outlook (Revenue, USD Million, 2015 - 2025)

  • Dog
  • Cat
  • Others

Pet Shampoo Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Household
  • Commercial

Pet Shampoo Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Pet Shampoo Region 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.

Natural Household Cleaners Market Overview And Rising Dependency On Factors by 2025

 The global natural household cleaners market size is expected to reach USD 7.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.1% over the forecast period. Rising concerns over toxic chemicals including parabens, triclosan, phthalates, and ammonia, which are present in synthetic home cleaning products, is expected to promote the utility of natural household cleaners. Moreover, various government initiatives on the ban of toxic chemicals from household cleaning products is expected to promote the utility of these products as green alternatives in the near future.

Natural Household Cleaners

Surface cleaners emerged as the largest segment and accounted for a share of more than 50.0% in 2018. Major manufacturers including Unilever,The Procter & Gamble Company, and Henkel Ag & Co. Kgaa are launching new products in order to gain maximum customers. Moreover, giant retailer and supermarket chains including Tesco PLC and Target Corporation are launching innovative products under their private labels.

For instance, in February 2018, Tesco PLC launched a wide range of plant-based home cleaning products under the brand name ‘Tesco Eco Active’. The company launched this green and natural product in order to cater to the demand for eco-cleaning products in U.K.

North America is expected to expand at the fastest CAGR of 11.5% from 2019 to 2025. Over the past few years, major players have adopted marketing strategies including innovative product launch, expansion of production capacity, and mergers and acquisitions in order to cater to the increasing demand for natural household cleaning product in the region.

For instance, in September 2017, S. C. Johnson & Son, Inc. signed an agreement to acquire two emerging household cleaning products manufacturers, Ecover and Method. These two companies had a wide range of home care, personal care, and fabric care products, along with the customer penetration in North America, Europe, and other countries across the globe. The company acquired these companies as they have strong R&D in natural products, along with high customer base.

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

Further key findings from the report suggest:

  • By product, surface cleaners dominated the natural household cleaners market with a share of more than 50.0% in 2018
  • The kitchen application segment is expected to register the fastest CAGR of 11.3% from 2019 to 2025
  • Key players include Henkel AG & Company; KGaA; The Procter & Gamble Company; Unilever; S. C. Johnson & Son, Inc.; Reckitt Benckiser Group plc; The Clorox Company; Godrej Consumer Products Limited; The Honest Company; Kao Corporation; and Earth Friendly Products.

Grand View Research has segmented the global natural household cleaners market on the basis of product, application, distribution channel, and region:

Natural Household Cleaners Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Surface
  • Glass
  • Fabric

Natural Household Cleaners Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Bathroom
  • Kitchen
  • Others

Natural Household Cleaners Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online

Natural Household Cleaners 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.

Shapewear Market Expected To Trigger A Revenue To USD 3.80 Billion By 2025: Grand View Research, Inc.

 Shapewear Market Growth & Trends

The global shapewear market size is expected to reach USD 3.80 billion by 2025 registering a CAGR of 7.7%, according to a new report by Grand View Research, Inc. The introduction of various products according to the type of garments is expected to support the market growth in the years to come. Growing target population across the globe is also augmenting the market growth. Changing lifestyle incurs increased investment in fitness and related accessories, which has positively impacted the market growth.

Shapewear Market

Moreover, availability of a wide range of products, such as control camisoles, corsets, body shapers, singlets, body briefs, and saree shapewear, is likely to contribute to the market growth. The female end-user segment led the global market and will remain dominant throughout the forecast period. However, the male end-user segment is anticipated to expand at the fastest CAGR from 2019 to 2025. Online channel of distribution is the fastest-growing segment owing to rising penetration of digital media and marketing. Increasing number of internet users, particularly in developing economies like China, India, and Brazil, have boosted the online market for shapewears.

In addition, key online retailers including Amazon, Walmart, Decathlon, and Myntra, are adding this category as main focus area. Promising growth exhibited by e-commerce platforms in emerging countries is compelling manufacturers to reorient their retail strategies for these countries, which is also driving the segment. Led by U.S., North America was the largest regional market and accounted for 38.96% of the global market share in 2018. High penetration of online as well as offline channels of distribution in the region is boosting in market growth.Moreover, willingness of consumers to spend more on fitness and body-shaping products is projected spur the market growth in the region.

Request a free sample copy or view report summary: Shapewear Market Report

Shapewear Market Report Highlights

  • In terms of revenue, female end-user segment is projected to ascend at a CAGR of 7.6% over the forecast years
  • Specialty stores led the global shapewear market with an overall revenue share of over 58.3% in 2018; however, the online segment is projected to register the fastest CAGR from 2019 to 2025
  • North America region led the market in 2018 and is estimated to expand further at a decent CAGR over the forecast period
  • Asia Pacific is projected to be the fastest-growing regional market from 2019 to 2025 on account of growing target population and rising consumer disposable income levels
  • The market is highly competitive. Some of the key companies include Spanx, Inc.; .Adidas AG; Triumph International Corp.; Leonisa SA; Wacoal America, Inc.; 2XU Pty Ltd.; Under Armour, Inc.; and Ann Chery

Shapewear Market Segmentation

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

Shapewear End User Outlook (Revenue, USD Million, 2015 - 2025)

  • Male
  • Female

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

  • Hypermarket & Supermarket
  • Specialty Store
  • Online
  • Others

Shapewear Regional Outlook (Volume, Tons; 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.

Modular Kitchen Market to Rear Excessive Growth CAGR of 5.8% from 2019 to 2025

 The global modular kitchen market size is expected to reach USD 28.54 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.8% during the forecast period. Growing number of housing projects supported by the increasing purchasing power of consumers from developing nations including India, Thailand, and Brazil, is expected to drive the market. Furthermore, the rapid rise in the number of nuclear families on a global level is expected to promote installation of new modular kitchens in new constructions.

Modular Kitchen Market

The L-shaped product design segment held the largest market share of more than 55% in terms of revenue in 2018. This design is the most popular among consumers due to its better flexibility and convenience. In addition, this design is well suited for small size kitchens.

Tall storage segment is expected to witness the fastest CAGR of 6.3% from 2019 to 2025. This product can store a large number of commodities in a single cabinet and also provides an attractive vertical look to the house. These factors are anticipated to bode well for the segment growth in the forthcoming years.

As of 2018, the wood products led the modular kitchen market in terms of raw material, accounting for over 60% of the global revenue. On the other hand, the fiber/plastic material is expected to register the fastest CAGR in near future as this material is waterproof, oil proof, and termite-proof. This material is available in a less expansive price range compared to other raw materials, which is expected to further drive the demand.

Europe held the leading market share of more than 30% in terms of revenue in 2018. The presence of prominent manufacturers and availability of a wide range of products is projected to drive the market in countries such as Germany, U.K., France, Italy, and Poland. On the other hand, Asia Pacific is expected to register the fastest growth due to the rapid growth of residential construction in this region. Rising purchasing power along with rapid urbanization in the countries, such as India, China, Japan, Malaysia, and Indonesia, is expected to fuel the product demand.

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

Further key findings from the report suggest:

  • Floor cabinet held the largest modular kitchen market share of over 60% in 2018
  • In terms of raw material, wood products is expected to hold a market share of more than 40% by 2025
  • Online distribution channel is expected register the fastest CAGR of 6.2% from 2019 to 2025
  • Key market participants include Häfele GmbH & Co KG; Nobia AB; Häcker Küchen GmbH & Co. KG; Nobilia GB Ltd; LINEADECOR; Snaidero Cucine; Bulthaup; Boston Cabinets, Inc.; Pedini; SieMatic; and The Hettich Group

Grand View Research has segmented the global modular kitchen market on the basis of design, product, raw material, distribution channel, and region:

Modular Kitchen Design Outlook (Revenue, USD Million, 2015 - 2025)

  • L-Shape
  • U-Shape
  • Parallel
  • Straight
  • Island

Modular Kitchen Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Floor Cabinet
  • Wall Cabinet
  • Tall Storage

Modular Kitchen Raw Material Outlook (Revenue, USD Million, 2015 - 2025)

  • Wood
  • Metal
  • Fiber/Plastic
  • Others

Modular Kitchen Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Modular Kitchen Region 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.

Blanket Market to Surpass USD 23.3 Billion by 2025: Grand View Research Inc.

 The global blanket market size is expected to reach USD 23.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.5% over the forecast period. Significant growth of the travel and hospitality industries at a global level as a result of reduced airline fares and attractive value-added services provided by key hotel industry participants is expected to remain a prominent factor. Furthermore, rising national defense spending by the governments of countries including U.S., China, Russia, Iran, Israel, India, and Pakistan is expected to promote the use of blankets for military and air force over the next few years.

Blanket Market

Cotton-based products dominated the market and generated a revenue of USD 4.6 billion in 2018. These product types are expected to gain momentum as a result of their high visibility as durable comfort characteristics. Furthermore, these textile products have the ability to perform across a wide range of climate conditions.

Since the last few years, some of the celebrities have been launching the products under their name. For instance, in March 2019, Drew Barrymore launched Flower Home, a homeline at Walmart.com. The brand, along with various home related décor and furniture, also offers blankets that are richly layered and cozy. Similarly, in March 2019, the multinational furniture company, Ikea launched the brand Overalt. The brand specifically offers African design decors and furniture. Moreover, Sindhiso Kumhalo and Renée Rossouw have been working on quilt and blanket projects for the launch of products, which are based on African designs.

In May, 2019, natural home goods brand Buffy launched a new product, The Breeze. These temperature regulating comforters are derived from eucalyptus fibers. Shell fabric and the fills are the naturally more breathable as compared to other comforters derived from polyester or animal-based materials. The breathability associated with these product forms ultimately leads to a more regulated temperature during sleep.

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

Further key findings from the report suggest:

  • By product, cotton accounted for more than 25.0% share in 2018. Polyester is expected to exceed 20.0% share of the global revenue by the end of 2025
  • The commercial segment is expected to expand at the fastest CAGR of 4.7% from 2019 to 2025
  • North America accounted for a revenue share of over 30.0% in 2018
  • Online distribution channel is expected to register the highest CAGR of 5.0% from 2019 to 2025.

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

Blanket Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Mink
  • Fleece
  • Cotton
  • Polyester
  • Others

Blanket Application Outlook (Revenue, USD Billion, 2015 - 2025)

  • Household
  • Commercial

Blanket Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Online

Blanket Regional Outlook (Revenue, USD Billion, 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.

Ride Hailing Services Market to Showcase Healthy Expansion at 12.8% CAGR from 2019 to 2025

 The global ride hailing services market size is expected to reach USD 82.37 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 12.8% during the forecast period. Rising need to combat the rushing traffic coupled with pilling road taxes is expected to expand the scope of ride-hailing services. These rides are easily traceable and the contacts of both the passenger and driver are easily accessible. This factor is projected to bode well for the adoption of these services. Low cost of car ownership and growing employment opportunities is expected to open new avenues over the next few years.

In January 2019, TukTuk-Ride launched a new ride hailing service app for ten major cities in India. The consumers have to pay INR 14 per kilometer for cabs and INR 8 per kilometer for bike taxis. The organization is also planning to expand their services by incorporating luxury cars, vintage cars, e-bikes, deliver vehicles, and ambulances in the same service segment. Dallas-based Alto launched its ride hailing service in January 2019, through the funding of USD 14.5 million from companies including Road Ventures and Frog Ventures. The company will expand to more U.S. cities by the end of 2019.

Some of the automotive manufacturers are expected to enter the market to maintain their customer base over the next eight years. For instance, developing economies including China and India are expected to remain some of the favorable destination as a result of urbanization and expansion of middle-income population. Furthermore, other cab hailing services are entering the China ride sharing service market. For instance, in October 2018, SAIC Motor, Geely and Daimler jointly announced plans for new ride hailing services in China. Additionally, BMW initiated its premium service, ReachNow for China in January 2019. The new venture has a crew of drivers to chauffer rides in a fleet of 200 BMW 5 series. The organization plans to include Mercedes-Benz E-Class and Audi A6 in the fleet. The service will cost around USD 3 per kilometer.

In January 2019, Grab Holdings Inc. announced plans for commencing three new ride hailing services under the names, GrabShuttle, GrabCall, and GrabCall in Myanmar. GrabShuttle will be targeted at office workers and university students and GrabCall will allow booking cabs through call center agents. Grab Web Booking allows booking trips through online portals.

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

Further key findings from the report suggest:

  • E-hailing offering segment accounted for more than 50% of the market share in terms of revenue in 2018
  • Car rental offering segment is expected to register the fastest CAGR of 13.8% from 2019 to 2025
  • North America held a market share exceeding 35% in 2018 and is anticipated to register significant growth over the forecast period
  • Asia Pacific is expected to witness the fastest CAGR of 13.9% in the ride hailing services market during the forecast period

Grand View Research has segmented the global ride hailing services market on the basis of offering and region:

Ride Hailing Services Offering Outlook (Revenue, USD Million, 2015 - 2025)

  • E-hailing
  • Car Sharing
  • Rental

Ride Hailing Services Regional Outlook (Revenue, USD Million, 2014 -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.

Clove Cigarettes Market Overview, Analysis And Forecast To 2025: Grand View Research Inc.

 Clove Cigarettes Market Growth & Trends

The global clove cigarettes market size is expected to reach USD 135.1 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.5% during the forecast period. The market is majorly driven by the increasing product launches driven by the growing demand for machine-made clove cigarettes.

Consumers trying to quit smoking are more inclined toward consumption of clove cigarettes owing to less harshness, blend of different flavors, and presence of low tar nicotine. Gauging the consumer preference for lighter cigarettes, companies are focusing on product launches. For instance, in 2017, Sampoerna, a subsidiary of PHILIP MORRIS INTERNATIONAL MANAGEMENT introduced a new product named Platinum A. Some of the common flavors blended with cloves and tobacco include cherry, vanilla, strawberry, pineapple, grape, orange, menthol, cocoa, and licorice with an objective to bring uniqueness in the product.

The spicy flavor of cloves along with attractive packaging of these cigarettes significantly attracts young smokers. In 2017, more than 5 million people in Indonesia used consumed clove cigarettes. Rising consumption of clove cigarettes especially among the young population in Indonesia is expected to offer lucrative opportunities for the companies operating in the clove cigarettes market.

Machine rolled full flavored clove cigarettes accounted for more than 45% market share in 2018. Clove cigarettes containing the lowest level of tar and nicotine content as compared to the full flavored variant, which is one of the unique selling points of these products. Low tar nicotine clove cigarettes is expected to register a CAGR of 4.9% over the forecast period.

Female end user segment is expected to expand at a CAGR of 3.4% over the forecast period, attributed to rising number of women smokers in regions such as North America, Europe, and Central and South America. Russian females accounted for more than 57.0% of the market share in 2018. Maximum women prefer clove cigarettes due to the presence of mixture of different flavors reduce the harshness of the products.

Asia Pacific held the largest market share of more than 60% in 2018. The growth is majorly supported by the significant production and demand for clove cigarettes in Indonesia, which accounted for about 92% alone in 2018. APAC clove cigarettes market has witnessed significant rise in demand in the recent few years. With the rise in consumer disposable income along with their willingness to try out unique and premium variants can be attributed to the regional product demand.

Request a free sample copy or view report summary: Clove Cigarettes Market Report

Clove Cigarettes Market Report Highlights

  • APAC is estimated to expand at the fastest CAGR of 4.7% during the forecast period, driven majorly by the high demand from Indonesia
  • Machine rolled clove cigarettes together accounts for more than 80%, with full flavored category contributing a major share.
  • Some of the major players operating in the global clove cigarettes market include Philip Morris International Inc.; Gudang Garam; Nojorono Tobacco Indonesia; Japan Tobacco; British American Tobacco; and Wismilak Group

Clove Cigarettes Market Segmentation

Grand View Research has segmented the global clove cigarettes market on the basis of type, end user, and region:

Clove Cigarettes Type Outlook (Revenue, USD Million; 2015 - 2025)

  • Hand Rolled Clove Cigarette
  • Machine Rolled Full Flavored Clove Cigarette
  • Machine Rolled Low Tar Nicotine

Clove Cigarettes End User Outlook (Revenue, USD Million; 2015 - 2025)

  • Male
  • Female

Clove Cigarettes Regional Outlook (Revenue, USD Million; 2015 - 2025)

  • North America
    • US.
  • Europe
    • Russia
  • Asia Pacific
    • Indonesia
    • Singapore
    • Malaysia
  • 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.

Herbal Toothpaste Market Trends, Company Share, Industry Growth And Future Scope: Grand View Research Inc.

 Herbal Toothpaste Market Growth & Trends

The global herbal toothpaste market size is anticipated to reach USD 2.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.0% over the forecast period. Shifting consumer preference from chemical towards chemical free and natural products owing to growing awareness related to harmful effects of synthetic and chemical products on health is a main factor fueling the demand for herbal toothpaste.

Herbal Toothpaste Market

Colgate, one of the leading players in the oral care market, is witnessing high competition from players such as Patanjali Ayurved and Dabur India Limited. Other consumer good companies are also entering the natural product market. In 2015, HUL acquired Indulekha, a herbal product brand, for around INR 300 Crore to foray into the natural product market. In addition, the company has been investing in the market to develop various natural products, including herbal toothpaste, to meet the growing demand for natural product.

Hypermarket and supermarket held a leading share in 2018 and is expected to maintain its lead throughout the forecast period. Modernization of retail stores and setting up of supermarkets across China and India are anticipated to boost the segment growth. For instance, according to studies, there were around 500 supermarkets in 2006 and the number increased to around 8,500 stores in 2016. Increasing number of supermarkets, coupled with growing product visibility at these stores, is a key factor fueling demand for natural toothpaste over the forecast period.

The online retail segment is anticipated to expand at the fastest CAGR of 10.4% over the forecast period. Players including Patanjali and Durbar entered into a partnership with e-commerce giants such as Flipkart and Amazon. For instance, Patanjali Ayurved entered into a partnership with various online retailers including 1mg, Paytm Mall, BigBasket, Grofers, Shopcules, and Netmeds. The company’s aim was to make its complete range of consumer goods available online. Such initiatives are expected to fuel demand for herbal toothpaste over the forecast period.

Asia Pacific held a leading share of 90.0% in 2018. EMEA is expected to expand at the fastest CAGR of 9.6% over the forecast period. Shifting consumer preference from chemical to chemical free products is a key factor driving the demand for herbal toothpaste in the region. Increasing product visibility at online retail is expected to fuel demand for natural products, including toothpaste, in the upcoming years.

Some of the key players operating in the market are Patanjali Ayurved, Dabur India Limited, VICCO LABORATORIES, Colgate-Palmolive Company (India) Limited, Amway, Himalaya Wellness, Amorepacific, GlaxoSmithKline plc, leverayush, INC., and Procter & Gamble.

Request a free sample copy or view report summary: Herbal Toothpaste Market Report

Herbal Toothpaste Market Report Highlights

  • The market in India accounted for 21.0% share of the overall revenue owing to massive awareness campaigns by players such as Patanjali and Dabur
  • The market in China was valued at USD 778.1 million in 2018
  • The online retail segment is expected to witness the fastest growth owing to increasing adoption of this distribution channel by various market players
  • The global herbal toothpaste market is highly competitive in nature owing to presence of top players such as Patanjali Ayurved and Dabur India Limited.

Herbal Toothpaste Market Segmentation

Grand View Research has segmented the global herbal toothpaste market by distribution channel and region:

Herbal Toothpaste Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • General Store
  • Hypermarket & Supermarket
  • Pharmacy Store
  • Online Retail
  • Others

Herbal Toothpaste Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • Americas
  • EMEA
    • Nigeria
  • Asia Pacific
    • China
    • India
    • Thailand
    • South Korea

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, 9 October 2020

Sport Shoes Market Get Facts About Business Strategies by 2025

 The global sports shoes market size is expected to reach USD 25.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.2% over the forecast period. The market is expected to witness significant growth owing to growing popularity of sports activities across the globe.

Sports Shoes Market

Men’s sports shoe dominated the global market and is expected to maintain its lead over the forecast period. Increasing popularity of outdoor games such as soccer and American football is expected to increase the demand for sports shoe over the forecast period. Sports clubs are spreading awareness among people by conducting events at various places across the world, which will have a positive impact on the market growth. For instance, in 2017, the National Football League (NFL) had organized four game events in London and around 84,500 fans came to watch the match between Jacksonville Jaguars and Baltimore Ravens at Wembley Stadium.

In 2018, the offline retail channel segment dominated the market, accounting for more than 80% share of the overall revenue. Increasing penetration of retail outlets in developing countries is one of the main factors driving the segment over the forecast period. For instance, in 2018, American multinational company, New Balance Inc., opened a new retail outlet in Riyadh to expand in Middle East.

Moreover, due to increasing awareness related to health and supportive government initiatives, many multinational companies are focusing on India and China to expand their reach in the market. For instance, the Khelo India program has been introduced to revive the sports culture in India at the grassroots level by building a strong framework for all the sports played in the country and establish India as a great sporting nation. Such initiatives are expected to have a positive impact on the market growth.

Asia Pacific is expected to expand at fastest CAGR of 5.2% over the forecast period. Increasing sports participation in India and China, growing spending power of consumers, and rising health awareness in the region are expected to have a positive impact on the growth of the market. Central and South America is expected to witness significant growth owing to growing popularity of football, American Football, and rugby.

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

Further key findings from the study suggest:

  • By gender, the kids segment is projected to expand at a CAGR of 5.0% over the forecast period
  • The offline retail channel segment dominated the global sports shoe market with an overall revenue share of 83.4% in 2018
  • The kids segment in U.S. was valued at USD 607.6 million in 2018 and is projected to witness significant growth in the next few years
  • North America was one of the prominent regional markets in 2018 and is expected to exhibit significant growth owing to increasing popularity of field sports at the national and international levels
  • The industry is highly competitive in nature due to presence of the main players including Nike, Inc.; Adidas Group; and Puma SE
  • Various manufacturers are concentrating on new product launches and product innovation to expand their consumer base.

Grand View Research has segmented the global sports shoe market on the basis of gender, retail channel, and region:

Sports Shoe Gender Outlook (Revenue, USD Million, 2015 - 2025)

  • Men
  • Women
  • Kids

Sports Shoe Retail Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Sports Shoe Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • Germany
  • Asia Pacific
    • 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.

Jewelry Market is Expected To Develop at a CAGR of 8.1% from 2019 to 2025

 The global jewelry market size is expected to reach USD 480.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.1% over the forecast period. The market is expected to witness significant growth due to increase in disposable income and shift in consumer shopping preferences.

Golden jewelry

Ring accounted for the largest market share in 2018 owing to increasing consumer inclination towards elegant and stylish products. Rings are available in a variety of sizes and designs, thereby increasing their consumption among men as well. Additionally, many precious stones are discovered that can be mounted in the rings. This is expected to result in product innovation and drive the demand for rings in the forecast period.

Bracelets are expected to witness substantial growth over the projected period due to high popularity and availability. Bracelets have replaced bangles in daily wear and are seen as a style statement by majority of the working-class women. This shift in consumer perception related to jewelry products is expected to drive the overall demand.

Majority of the sales in the market were driven by gold and the maximum gold jewelry sales were recorded in China and India. Being the world’s largest jewelry market, China is the major consumer of gold and diamond. Increasing awareness among consumers related to various hallmarks to authenticate purity of gold is another factor boosting the growth of the gold jewelry. Sales of diamond jewelry are expected to increase at a significant rate owing to changing consumer lifestyle in the developed countries.

In 2018, Asia Pacific held the largest jewelry market share in terms of revenue due to the presence of the major players as well as high demand from countries like China, India, and Hong Kong. Asia Pacific is anticipated to witness substantial growth due to increasing disposable income of the population in this region. Changing fashion trends, along with awareness regarding authenticity of precious gems and metals, are the other factors propelling the market growth in this region.

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

Further key findings from the study suggest:

  • By material, platinum is expected to witness a decline in the forecast period owing to its costliness and increasing consumption of gold and diamond. However, its demand may increase in North America due to highly developed countries and rich lifestyle
  • The ring product segment dominated the jewelry market in 2018 due to its increasing consumption in day-to-day routine and introduction of a variety of engagement and wedding jewelry collections by major manufacturers
  • The industry is highly competitive in nature due to the presence of many key global players. The local players are expected to give stiff competition owing to their unorganized nature of sales
  • As a step towards diamond transparency and consumer loyalty, Tiffany & Co. has begun sharing the provenance of its newly sourced diamonds with the customers.

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

Jewelry Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Necklace
  • Ring
  • Earrings
  • Bracelet
  • Others

Jewelry Material Type Outlook (Revenue, USD Billion, 2015 - 2025)

  • Gold
  • Platinum
  • Diamond
  • Others

Jewelry Regional Outlook (Revenue, USD Billion, 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.

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 ...