Tuesday, 27 October 2020

Carpet Cleaning Products Market Growth With Worldwide Industry Analysis To 2025

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

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

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

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

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

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

Further key findings from the report suggest:

  • By product, the liquid segment accounted for a share of 30.7% in 2018
  • The residential application segment is expected to register the highest CAGR of 4.8% over the forecast period
  • Asia Pacific is the fastest growing region, expanding at a CAGR of 5.3% from 2019 to 2025
  • Top players operating in the carpet cleaning products market include BISSELL; Reckitt Benckiser Group plc.; Techtronic Industries Co. Ltd.; The Clorox Company; Zep, Inc.; Sprayway Inc.; and Tesco.com.

Grand View Research has segmented the global carpet cleaning products market by product, application, and region:

Carpet Cleaning Products Outlook (Revenue, USD Million, 2015 - 2025)

  • Shampoo
  • Spray
  • Liquid
  • Others

Carpet Cleaning Products Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Residential
  • Commercial
  • Hotels & Restaurants

Carpet Cleaning Products Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

About Grand View Research

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

Body Firming Creams Market To Benefit from Increased Global Uptake of 2019 By 2025

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

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

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

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

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

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

Further key findings from the report suggest:

  • Europe generated a revenue of exceeding USD 640.0 million in 2018
  • Plant extract products are expected to expand at the fastest CAGR of 6.0% from 2019 to 2025
  • Offline distribution channel accounted for a revenue share of more than 80.0% in 2018.

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

Body Firming Creams Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Plant Extract
  • Non-plant Extract

Body Firming Creams Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Body Firming Creams Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

About Grand View Research

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

Electric Iron Market is Estimated To Expand at a CAGR of 8.3% through 2025: Grand View Research Inc.

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

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

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

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

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

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

Further key findings from the report suggest:

  • By product, the steam segment is expected to expand at the fastest CAGR of 8.5% from 2019 to 2025. Dry products contributed a revenue of USD 559.1 million in 2018
  • By function, the automatic segment is expected to expand at the fastest CAGR of 8.5% from 2019 to 2025
  • The commercial application segment accounted for 55.4% share of the global revenue in 2018
  • Online distribution channel is expected to expand at the fastest CAGR of 8.6% from 2019 to 2025.

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

Electric Iron Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Dry
  • Steam

Electric Iron Function Outlook (Revenue, USD Million, 2015 - 2025)

  • Automatic
  • Non-automatic

Electric Iron Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Residential
  • Commercial

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

  • Offline
  • Online

Electric Iron Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa (MEA)

About Grand View Research

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

Self-Defense Products Market Get Facts About Business Strategies 2019 to 2025: Grand View Research Inc.

 Self-Defense Products Market Growth & Trends

The global self defense products market size is expected to reach USD 3.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.9% over the forecast period. The market growth is primarily attributed to rising incidences of civil unrest, along with the need for personal safety on recreational activities such as camping and hiking.

Hunting is considered to be one of the most common outdoor activities among the Americans, which, in turn, is driving the demand for folding knives to serve the purpose of self defense, along with other tasks. In 2016, about 11.5 million enthusiasts aged 16 years and above participated in hunting activities in U.S.

Folding knives accounted for the largest share of 71.2% in 2018. Due to the introduction of folding knives, the product has undergone various modifications with respect to utility features, designs, raw materials used for the blades, knife structures, and suitable applications.Manufacturers are also focusing on developing compact products integrated with more than one feature.

For instance, Gerber Auto Knife is a fully automatic equipped tool made of stainless steel designed with an oversized release button for the easy use. Gerber offers folding Tanto Knives equipped with torch lights. Such integrations will further enhance the capabilities and functioning of the folding knives, which, in turn, will favor the market growth.

Pepper sprays have been recording prominent sales and is expected to expand at a CAGR of 5.7% over the forecast period. They are gaining an increasing traction in the global market owing to growing acceptance among women as a convenient self defense product. Due to growing population of tech savvy people and popularity of online shopping, manufacturers are resorting to convenient methods of distribution to reach out to the large customer base. Third party retailers such as Amazon.com, PepperEyes.com, Flipkart, and Xboom Utilities are some of the common suppliers of personal defense products.

North America accounted for the largest share of 30.0% in 2018. Majority of the demand is generated by the U.S. consumers using folding knives, pepper sprays, and stun guns. Rapid increase in investments in research and development of less harmful self-defense weapons for the civilians is expected to boost the market growth over the forecast period. Moreover, growing crime rates in Canada is resulting in government laws to undergo significant modifications, which, in turn, is expected to widen the scope of the market.

The companies operating in this market are focusing on developing new products with integration of multiple utility tools with an aim to meet the customer’s convenience in performing indoor and outdoor activities, along with self-defense purposes. For instance, Buck knives Inc. manufactures folding knives that are suitable for heavy duty applications.

Request a free sample copy or view report summary: Self-Defense Products Market Report

Self-Defense Products Market Report Highlights

  • North America accounted for the largest share of 30.0% in 2018. APAC is estimated to be the fastest market with a CAGR of 6.4% from 2019 to 2025, majorly driven by India and China
  • Sporting goods store accounted for the largest share of more than 55.0% in 2018 owing to easy availability of the products. Online distribution is expected to witness the fastest growth over the forecast period
  • By product, folding knives accounted for the largest share of 71.2% in 2018. Pepper sprays have been recording prominent sales and are expected to expand at a CAGR of 5.7% over the forecast period
  • Some of the key operating players operating in the global self-defense products market are Victorinox; Unisafe Technologies; GERBER GEAR; SABRE Security Equipment Corporation; Mace Security International, Inc.; Axon Entereprise Inc.; Salt Supply Company; and Self Defense Weapons.

Self-Defense Products Market Segmentation

Grand View Research has segmented the global self-defense products market on the basis of product, distribution channel, and region:

Self-defense ProductsOutlook (Revenue, USD Million, 2015 - 2025)

  • Pepper Sprays
  • Folding Knives
  • Tactical Gloves
  • Stun Guns
  • Others

Self-defense ProductsDistribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Retail Outlets
  • Sporting Goods Stores
  • Online

Self-defense ProductsRegional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • France
    • Italy
  • Asia Pacific
    • China
    • India
  • 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.

Camping Tent Market Industry Outlook & Future Forecast Report Till 2025

 Camping Tent Market Growth & Trends

The global camping tent market size is expected to reach USD 3.28 billion by 2025 registering a CAGR of 6.3%, according to a new report by Grand View Research, Inc. Increasing popularity of recreational activities including camping, hunting, sports, trekking, and hiking is the key factor driving the market. Moreover, growing popularity of adventure travel in developed countries, such as U.S., Canada, Germany, France, Sweden, Austria, Russia, Norway, and U.K., has boosted the demand for camping tents.

Major manufacturers including Hilleberg, AMG GROUP, Newell Brand s, and The North Face are focusing on product development, which, in turn, will boost the market growth. For instance, in February 2018, Mountain Hardwear, a U.S.-based company, launched tunnel tent under the brand name ‘Pathfinder’. The product is suitable for two to three person occupancy and is made of high-quality fabric, which can withstand extreme weather conditions.

Europe was the largest regional segment in 2018. It is projected to expand further retaining its leading position throughout the forecast years. North America is also likely to witness a significant growth in future. Major companies in these two regions are focusing on product launch, R&D, and M&A activities to cater to the increasing demand for advanced products, thereby fueling the growth of the regional markets. For instance, in March 2019, The North Face launched ‘Geodome’. The product can withstand 60 mph winds.

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

Camping Tent Market Report Highlights

  • Europe was the largest regional market in 2018 and is projected to maintain its dominance over the forecast period
  • However, Asia Pacific is expected to be the fastest-growing market at a CAGR of 6.9% from 2019 to 2025
  • Tunnel tents was the largest product segment of the global camping tent market in 2018 and accounted for more than 50% of the overall share
  • Commercial application is expected to witness the fastest CAGR from 2019 to 2025; while, the individual application segment is expected to account for the largest market share by 2025
  • Key companies in the market are AMG GROUP, Hilleberg, Johnson Outdoors, The North Face, Newell Brands, Oase Outdoors, Simex Outdoor International, The Coleman Company, Big Agnes, Exxel Outdoors, and Kampa

Camping Tent Market Segmentation

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

Camping Tent Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Tunnel
  • Dome
  • Geodesic

Camping Tent Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Commercial
  • Individual

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

  • Offline
  • Online

Camping Tent Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

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, 26 October 2020

Chromium Market Is Expected To Witness Revenue Growth At A CAGR Of 2.7% from 2017 to 2025

 The global chromium market size is expected to reach USD 16.55 billion by 2025, according to a new report by Grand View Research, Inc., registering a 2.7% CAGR during the forecast period. Increasing demand from the stainless steel industry has been a key factor driving market growth globally. Robust growth of various end-use industries in Asia Pacific is fueling stainless steel demand and, in turn, demand for chromium.

Chromium finds extensive application across segments such as chrome plating and finishing, in production of synthetic rubies, metal ceramics, dyes and paints, and in various super alloys. It is also used in metallurgy to render a shiny finish and impart corrosion resistance.

Asia Pacific is witnessing increased demand for chromium due to booming manufacturing in automotive and electronics industries in the region. China and India are key contributors in these industries. Strong GDP growth rate, increasing income, and government support are driving automotive production in these countries. Moreover, stronger demand has been observed from lower-tier cities in these countries owing to decline in automobile prices.

Rising number of buyers on account of the unique properties exhibited by chromium, such as corrosion resistance and shiny texture, has led to low bargaining power of buyers. Growing demand for chromium in metal finishing and plating industry in Asia Pacific is expected to drive the market. However, the carcinogenic properties of chromium may lead to severe health effects, thereby hampering market growth.

Access Research Report of Chromium Market

Further key findings from the report suggest:

  • The global chromium market was valued at USD 13.07 billion in 2016 and is expected denote a CAGR of 2.7% from 2017 to 2025
  • Metallurgy was the largest application segment in 2016 and is expected to register a CAGR of 2.8% between 2017 and 2025
  • The chemical segment was valued at USD 708.2 million in 2016 and is anticipated to witness moderate growth over the next eight years. Chromium-based chemicals include chrome oxide, chromic acid, and potassium dichromate
  • The Asia Pacific market is projected to experience substantial growth over the next eight years owing to rising demand from various stainless steel end-use industries, especially automotive and aerospace. In terms of revenue, APAC is expected to register a CAGR of 3.1% between 2017 and 2025
  • Key players including Kermas Group Ltd., Glencore PLC, Samancor Chrome, Assmang Proprietary Limited, Odisha Mining Corporation, Hernic Ferrochrome (Pty) Ltd., CVK Group, Al Tamman Indsil FerroChrome LLC, and Gulf Mining Group LLC are engaged in mining and production of chromium in the global market.

Grand View Research has segmented the global chromium market on the basis of application and region:

Chromium Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Metallurgy
  • Chemicals
  • Refractory
  • Others

Chromium Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Grand View Research

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

Refrigerant Market is Expected to Amplify $30.37 Billion Value by 2025: Grand View Research Inc.

 The global refrigerant market size is expected to reach USD 30.37 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% during the forecast period. Development of eco-friendly alternatives, as a result of environmental policies aimed at ozone depletion and GHG emissions, is a key factor driving market growth. 

Regulations across EU, Japan, China, and U.S. have prompted consumers to shift toward hydrocarbon and inorganic refrigerants, with its demand predicted to increase drastically over the forecast period. The fluorocarbons segment accounted for over 50% of the overall consumption in 2016.

Inorganics emerged as the second-largest product segment in terms of revenue. Thermal efficiency of the product has enabled its penetration across industrial applications. Low cost, easy availability, and eco-friendly characteristics are key factors boosting its demand in industrial areas.

The Asia Pacific market for refrigerants has reported strong demand in recent times. Growth in industrial activity and productivity across China and India will continue to spur demand for refrigeration across residential, industrial, and commercial sectors. China represented more than one fifth of the global consumption in 2016.

Companies are constantly striving to consolidate their presence through product development, regional expansions, and application diversification strategies. Innovative and cost-effective products that meet both end-user specifications and regulatory standards are key determinants for competitive edge.

Access Research Report of Refrigerant Market@ https://www.grandviewresearch.com/industry-analysis/refrigerant-market

Further key findings from the report suggest:

  • The global refrigerant demand was estimated at 1.73 million tons in 2016 and is expected to rise at a CAGR of 5.4% from 2017 to 2025
  • The United Nations Framework Convention on Climate Change has played a pivotal role in regulating the use of refrigerant products and has compelled industry participants to develop alternative sources
  • Europe is the second largest consumer, with the mobile air conditioning, industrial, and commercial refrigeration sectors exhibiting strong demand. A standard environmental policy across EU has impelled regional manufacturers to invest extensively in R&D
  • The hydrocarbon refrigerant segment is expected to witness a CAGR of 8.9% in terms of volume over the forecast period. Energy efficiency, low cost, and ecofriendly nature of the product are key traits positively influencing demand
  • Domestic refrigeration is estimated to emerge as the most promising segment in terms of volume, exhibiting a CAGR of 6.2% over the forecast period
  • Some of the key players in the market are Honeywell International, Daikin Industries Limited, Arkema S.A., Linde Group, and The Chemours Company.

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

Refrigerant Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Fluorocarbon
  • Hydrocarbon
  • Inorganic
  • Others

Refrigerant Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Industrial Refrigeration
  • Domestic Refrigeration
  • Transport Refrigeration
  • Commercial Refrigeration
  • Stationary Air Conditioning, Chillers & Heat Pumps
  • Mobile Air Conditioning

Refrigerant Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

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

Automotive Polymer Composite Market is Projected to Boost USD 11.6 Billion by 2025

 The global automotive polymer composites market size is expected to reach USD 11.6 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.8% during the forecast period. Polymer, metal, and ceramic matrix composites are key composites used in the automotive industry.

The use of polymer matrix composites on a large scale in the manufacturing of exterior components such as rear windshield glazing, fender, panoramic roof modules, wheel covers, headlight lenses, headlight housings, bumper, and front grille is expected to drive the market over the forecast period. The automotive industry is witnessing challenges in aligning production or assembly processes with enhanced material properties and innovative product design, especially for large-volume production facilities. Although aluminum and steel are mostly used in lightweight vehicles, high-performance FRP composites can potentially outperform both aluminum and steel.

Private collaborations between companies in automotive and chemical industries, such as Toray and Daimler, SGL and BMW, SGL and Volkswagen, and Toho Tenax and General Motors, have substantially helped in the allocation of resources in the automotive polymer composites industry. For instance, in 2014, BMW-SGL announced an investment of approximately USD 200 million to triple the production capacity of its CFRP plant located in Moses Lake, Washington, U.S.

Product innovation is one of the key challenges faced by companies operating in the market. Manufacturers are aiming at reducing costs and increasing efficiency of products. Implementation of passenger safety laws such as the Federal Motor Vehicle Safety Standards (FMVSS) is anticipated to drive the automotive polymer composites market over the forecast period. 

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

Further key findings from the study suggest:

  • Demand for automotive polymer composites from electric vehicles is expected to rise at an estimated CAGR of 7.0% from 2017 to 2025 due to increasing focus on using lightweight materials
  • Vinyl ester-based polymer composites are expected to witness the highest growth over the forecast period. These composites are used in mainstream automotive applications such as sunroof, radiator assembly, and heat shields
  • In recent years, various initiatives have been undertaken to commercialize CFRP for use in mass production of vehicles. In order to sustain increasing competition, composite suppliers are forced to upgrade their capabilities to cater to higher volume segments
  • In April 2017, Solvay entered into a consortium with Bentley and Penso to develop high-volume composite technologies
  • Countries such as Japan, China, Vietnam, and Indonesia have laid down several policies pertaining to emission control, in keeping with EU’s emission standards

Grand View Research has segmented automotive polymer composites market on the basis of resin, product, application, end use, manufacturing process, and region:

Automotive Polymer Composites Resin Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Epoxy
  • Polyurethane
  • Polyamide
  • Polypropylene
  • Polyethylene
  • Polyester
  • Vinyl Ester
  • Other Resins

Automotive Polymer Composites Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Carbon Fiber
  • Glass Fiber
  • Natural Fiber

Automotive Polymer Composites Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Polyethylene
  • Detergent Alcohol
  • Synthetic Lubricants
  • Others

Automotive Polymer Composites End-use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Conventional Vehicles
  • Electric Vehicles
  • Trucks & Buses

Automotive Polymer Composites Manufacturing Process Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Compression Molding
  • Injection Molding
  • Sheet Molding
  • Resin Transfer Molding

Automotive Polymer Composites Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Central & South America

About Grand View Research

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

Aerospace Floor Panels Market Pegged for Strong Growth During 2018 – 2025: Grand View Research Inc.

 The global aerospace floor panels market size is expected to reach USD 554.4 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 5.6% during the forecast period. The market is majorly driven by the growth of the aerospace industry, rising air passenger traffic, and increasing defense expenditure. 

Aerospace floor panels are crucial products used for flooring in aircraft. They are manufactured using a number of raw materials including Nomex honeycomb and aluminum honeycomb. These raw materials are used to manufacture aerospace floor panels to be used in military, commercial, and business aircraft.

In terms of revenue, commercial aviation was the largest end-use segment for aerospace floor panels, accounting for 59.4% of the global market in 2016. Air passenger traffic has been increasing consistently over the years and this trend is expected to continue over the forecast period. Rising passenger traffic is supported by increasing deliveries from manufacturers. Also, an increase in the number of routes that connect various cities has facilitated the growth of air passenger traffic.

A large number of research agencies have been carrying out R&D activities and are increasing investments in the aerospace floor panels field for several years now. Research has helped in discovering various benefits of using aluminum honeycomb for manufacturing these panels. Technological innovations involving honeycombs have led to the discovery of new methods of manufacturing high-strength and lightweight honeycomb cores.

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

Further key findings from the report suggest:

  • The military aircraft end-use segment will exhibit the fastest CAGR of 7.2% in terms of revenue from 2017 to 2025, on account of growing defense spending across the globe
  • By aircraft type, the narrow body segment emerged dominant in terms of revenue in 2016 and is estimated to reach a market size of USD 386.0 million by 2025. Rising adoption of these aircraft for domestic transport, where compact aircraft are preferred, is expected to drive growth
  • Asia Pacific is expected to witness significant growth over the forecast period, mainly on account of considerable growth in air traffic and defense spending, especially in India and China. In terms of revenue, this regional market is expected to exhibit a CAGR of 6.7% from 2017 to 2025
  • Key players such as Rockwell Collins Inc.; Zodiac Aerospace; Triumph Group Inc.; The Nordam Group Inc.; AIM Aviation Ltd.; EnCore Group; and The Gill Corporation dominated the industry.

Grand View Research has segmented the global aerospace floor panels market on the basis of raw material, aircraft type, end use, and region:

Aerospace Floor Panels Raw Material Outlook (Revenue, USD Million, 2014 - 2025)

  • Nomex honeycomb
  • Aluminum honeycomb
  • Others

Aerospace Floor Panels Aircraft Type Outlook (Revenue, USD Million, 2014 - 2025)

  • Narrow body aircraft
  • Wide body aircraft
  • Very Large Aircraft (VLA)

Aerospace Floor Panels End-use Outlook (Revenue, USD Million, 2014 - 2025)

  • Commercial aviation
  • Military aircraft
  • Business jets

Aerospace Floor Panels Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America
    • The U.S.
  • Europe
    • The U.K.
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • UAE
    • 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.

Heat Treating Market Expected To Hit CAGR To 3.5% By 2025: Grand View Research Inc.

 The global heat treating market size is expected to reach USD 122.34 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 3.5% CAGR during the forecast period. Increasing penetration of metal treatment services in automotive, aerospace, construction, energy, and metalworking applications is expected to act as a key market driver over the forecast period.

Steel is a key material used in the metal heat treatment industry. Increasing use of steel in construction and machining applications is projected to positively impact segment growth over the forecast years. Other metals commonly used include aluminum, iron, copper, and nickel. Aluminum is expected to witness significant growth on account of increasing penetration of the metal in aerospace and automotive industries.

The most commonly used processes for heat treatment include hardening and tempering, case hardening, and annealing. Case hardening is expected to witness significant growth over the forecast period due to growing popularity of carburizing, nitrding, and carbonitriding for surface hardening in metalworking and machining applications.

Automotive emerged as the dominant application segment in terms of market share in 2016. However, aerospace is expected to witness highest growth during the next eight years on account of a rapidly-growing aerospace industry in emerging economies worldwide. Companies in the domain including Bluewater Thermal Solutions; Bodycote Heat Treatments Ltd.; Summitglow Ltd.; Ajax Tocco International; and Metcor Inc. are involved in furnace manufacturing, treatment services, and surface treatment facilities.

Access Research Report of Heat Treating Market@
https://www.grandviewresearch.com/industry-analysis/heat-treating-market

Further key findings from the report suggest:

  • The heat treating market was valued at USD 90.73 billion in 2016 and is expected to exhibit a CAGR of 3.5% from 2017 to 2025. The market is primarily driven by increasing demand for metal treatment services from key end-use verticals
  • The cast iron material segment was valued at USD 9.43 billion in 2016 and is projected to witness comparatively slower growth over the forecast period. This can be attributed to increasing use of other metals such as aluminum, copper, titanium, and nickel in various end-use industries
  • In 2016, the case hardening process segment was valued at USD 23.99 billion, expanding at the highest CAGR of 3.7% over the forecast period. This growth can be attributed to increasing use of carburizing for surface hardening as opposed to conventional hardening
  • Asia Pacific dominated the global market in terms of revenue; the market was valued at USD 34.21 billion in 2016 and is projected to expand at a CAGR of 3.9%. Rapid growth in key end-use industries across emerging economies of India, China, Indonesia, and Vietnam, among others is expected to benefit regional market growth over the forecast years
  • Key industry participants are engaged in technical collaborations, mergers with furnace manufacturers, and strategies to expand geographical reach in order to increase profit margins and application portfolios.

Grand View Research has segmented the global heat treating market on the basis of material, process, equipment, application, and region:

Heat Treating Material Outlook (Revenue, USD Million, 2014 - 2025)

  • Steel
  • Cast iron
  • Others

Heat Treating Process Outlook (Revenue, USD Million, 2014 - 2025)

  • Hardening & tempering
  • Case hardening
  • Annealing
  • Normalizing
  • Others

Heat Treating Equipment Outlook (Revenue, USD Million, 2014 - 2025)

  • Fuel-fired furnace
  • Electrically heated furnace
  • Others

Heat Treating Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Automotive
  • Aerospace
  • Metalworking
  • Machine
  • Construction
  • Others

Heat Treating Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

Thursday, 22 October 2020

Face Bronzer Market to Mark a Highest CAGR of 9.5% Through 2025

 The global face bronzer market size is expected to reach USD 22.5 billion by 2025, expanding at a CAGR of 9.5%, according to a new report by Grand View Research, Inc. Increasing awareness of the functions of the cosmetic products such as concealing imperfections on the facial skin such as blemishes, pores, freckles, powder spots, under-eye is a key driving factor. Powder circles and wrinkles are uplifting the demand for specific face make-up cosmetics such as bronzers and blushers. In addition, there has been a remarkable rise in the demand for organic and natural face bronzers due to awareness of harmful side effects of the synthetic elements in these cosmetic products.

Furthermore, aggressive and glamorous promotions of these products and constant product innovations by the manufacturers have increased the demand for this product among the young population. Consciousness of women about their physical appearance and their inclination towards beauty products that help in enhancing their inherent beauty and highlighting certain facial features result in the market growth. Contouring helps in slimming down the forehead, nose, chin, jawline, and other parts of the face, while providing a bronze look to the face. The trend of the bronze look is expected to further drive the market. Moreover, influence of the emerging trend of different facial looks everyday amongst the youngsters is anticipated to fuel the market growth.

Increasing disposable income in the developing countries of Asia Pacific is driving the demand for face make-up cosmetic products. Furthermore, association of women to beauty in the film industry and worldwide beauty contests has spurred the demand among women. This has been influencing the women all over the globe to buy make-up products. The cream/liquid bronzer is anticipated to witness significant growth, followed by powder and stick face bronzers. This is due to the convenience and time-saving process of applying liquid bronzer with the help of spray and then brushing it to contour. Moreover, women claim to be satisfied with the liquid spray bronzer comparatively more since it stays for a longer time and gives an even texture.

Asia Pacific held the largest revenue share of 24.4% in 2018 owing to rising demand in countries such as India, Malaysia, and China and growing imports of natural and organic face make-up cosmetic products. The face bronzer market in North America is growing at a significant rate and it has held the largest share in the face bronzing powder segment, which, in turn, largely contributes to the growth of the North America market.

The manufacturers in North America are focusing on providing high-quality products by improving their production techniques. Key players are engaged in strategy implementation such as mergers and partnerships to expand their product portfolio and maintain a strong foothold in the market. Key players having a strong foothold in the global market include Chanel, Este Lauder Companies, Tom Ford, Benefit (LVMH), Bobbi Brown, MAC Cosmetics, Bourjois (Coty), NARS Cosmetics, Elizabeth Arden (Revlon), Vita Liberata, Jane Iredale, AVON, and LORAC.

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

Further key findings from the study suggest:

  • By product type, cream/liquid is projected to ascend at a CAGR of 9.8% over the forecast period. The powder segment dominated the face bronzer market with 49.6% share of the overall revenue in 2018
  • Asia Pacific dominated the global market in 2018 and accounted for 24.4% share of the overall revenue. This trend is projected to continue over the next few years
  • Countries such as U.S. and U.K. are considered to be the major markets due to high demand among the consumers, followed by Brazil, China, and Japan.

Grand View Research has segmented the global face bronzer market on the basis of product type, end user, and region:

Face Bronzer Product Type Outlook (Revenue, USD Billion, 2015 - 2025)

  • Powder
  • Cream/Liquid
  • Sticks

Face Bronzer End User Outlook (Revenue, USD Billion, 2015 - 2025)

  • Men
  • Women

Face Bronzer Regional Outlook (Revenue, USD Billion, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Central & South America

About Grand View Research

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

Electric Face Cleansers Market to Raise at CAGR of 5.4% from 2019 to 2025

 The global electric face cleanser market size is expected to reach USD 10.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.4% over the forecast period. The market is expected to witness significant growth due to increase in awareness related to skin health and beauty products.

Commercial electric face cleanser occupied the largest market share in 2018 owing to increasing number of people opting for salon-based beauty treatments. The geriatric population is more prone to problems like skin ageing, wrinkles, and skin elasticity, which has resulted in increasing preference for salon-based treatments. Major salons have been observed using latest machinery and devices to provide skin care treatments to their customers. This is expected to increase the consumption of electric face cleansers in salons and spas.

In addition, manufacturers are forming contractual alliances with branded and local salon brands to boost product sales. Personal electric face cleansers are expected to witness the fastest growth during the forecast period due to increase in consumption of at-home beauty devices. Benefits such as ease-of-use and cost effectiveness are anticipated to increase the demand for the product for personal use. This is expected to fuel overall market growth from 2019 to 2025.

Electric face cleansers were majorly sold via offline channels in 2018. However, due to growth of e-commerce and digital marketing, online sales are expected to boost from 2019 to 2025. Moreover, rise in direct-to-consumer businesses like Nykaa and Purplle is expected to boost the sales via online channels during the forecast period. The online sales are also driven by websites of major manufacturers like Pixnor and L’Oreal. This is expected to increase online sales over the forecast period.

In 2018, North America held a major share in the electric face cleansers market due to the presence of the major players as well as high awareness about beauty devices among the population. In addition, there has been a rise in skin allergy occurrences among the population due to prolonged exposure to sun and UV radiations. This is expected to boost the skincare market growth in the next few years, which will propel the demand for electric face cleansers. Asia Pacific is the fastest growing region in this market. Major factors contributing to the robust growth are increase in disposable income due to rapid urbanization, major players penetrating the market, and growth of the electric appliances market. Countries like China and India are the major consumers of cosmetic products all over the world. This is anticipated to drive the market for electric cleansers in the projected period.

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

Further key findings from the study suggest:

  • By end use, the personal segment in electric face cleansers market is expected to ascend at a CAGR of 6.1% over the forecast period owing to increasing use of at-home beauty devices
  • L’Oréal acquired Clarisonic, a market leader in sonic skin care devices and technology. This acquisition expanded L’Oréal’s brand portfolio and enabled the company to enter into the skin care device market
  • Pixnor launched a 7-in-1 electric face cleanser to increase its product offering. This face cleanser comes with 7 different types of brushes. These brushes serve different cleansing purposes such as cleaning, massaging, and exfoliation
  • In May 2016, Foreo launched its Luna electric facial cleanser. It is very small in size and easily fits into a purse or travel kit. This strategy was employed by Foreo to improve its product offering.

Grand View Research has segmented the global electric face cleansers market on the basis of end use, distribution channel, and region:

Electric Face Cleanser End Use Outlook (Revenue, USD Million, 2015 - 2025)

  • Personal
  • Commercial

Electric Face Cleanser Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Online
  • Offline

Electric Face Cleanser 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 Feminine Intimate Care Market Increasing in Most Part of World 2025

 Feminine Intimate Care Market Growth & Trends

The global feminine intimate care market size is anticipated to reach USD 1.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.4% over the forecast period. Rising inclination of women towards female hygiene products owing to increasing risk of health issues in the intimate area leading to various skin diseases has fueled the market growth.

According to the findings, rise in the average age of early puberty has been observed. The average age of puberty among women has decreased to 10 to 11 years, which earlier was 13 years. Unhealthy food habits, obesity, and stress are the main reasons responsible for early puberty in girls.

Developing countries such as Afghanistan, Cambodia, India, and China lack proper hygienic conditions and sanitation facilities. The government is taking initiatives to increase awareness amongst women regarding hygiene products such as intimate wash in rural areas. For instance, the UNICEF organized the Global interfaith WASH Alliance (GIWA) in India to influence the women to maintain hygiene and raise awareness regarding dressing topics such as menstruation.

The female intimate wash accounted for the largest share of 38.4% in 2018. According to a report by Chem Fatale, approximately 40% of American females use intimate wash to keep the area clean and fresh. Intimate wipes are anticipated to register the highest CAGR of 3.9% over the forecast period. According to studies, more than 10% to 15% of women in America use wipes out of which Latina women are the prime users of the wipes.

In 2018, the offline distribution channel accounted for a share of more than 60.0%. Store purchase enables consumers to choose from a large number of product offerings. Presence of a store associate also helps the consumers to choose the correct product suiting their needs. Rise in penetration of e-commerce and smart devices like mobile phones and tablets, along with benefits like easy payment options and discounts offered by the e-retailers, is anticipated to spur the market growth through online distribution channel.

The women intimate care industry is dominated by leading players such as Sanofi; Bayer Group; Namyaa Skincare; C.B. Fleet Company, Inc.; CTS Group; Wet & Dry Personal Care (P) Ltd.; Combe Incorporated; SweetSpot Labs; Sliquid, LLC.; and Honey pot.

Request a free sample copy or view report summary: Feminine Intimate Care Market Report

Feminine Intimate Care Market Report Highlights

  • Offline distribution channel held the largest share of more than 60.0% in 2018 and was valued at USD 756.5 million
  • The growth of the online channel segment is due to features such as product comparison, detailed product overview, easy exchange, and refund options. It is expected to expand at a CAGR of 3.6% over the forecast period
  • By product type, the wipes segment is expected to register the highest CAGR of 3.9% from 2019 to 2025
  • North America accounted for the largest feminine intimate care market share in 2018.

Feminine Intimate Care Market Segmentation

Grand View Research has segmented the global feminine intimate care market on the basis of product type, distribution channel, and region:

Feminine Intimate Care Product Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Wash
  • Wipes
  • Moisturizers & Creams
  • Others

Feminine Intimate Care Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Feminine Intimate Care Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

About Grand View Research

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

Household Hand Tools Market Plying for Significant Growth During 2019-2025: Grand View Research Inc.

 Household Hand Tools Market Growth & Trends

The global household hand tools market size is expected to reach USD 5.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.0% over the forecast period. Increasing shift towards DIY (do-it-yourself) culture on account of increasing labor cost in the developed countries including U.S., Canada, and U.K. is estimated to play a significant role in augmenting the demand for household hand tools.

Consumers have increased the adoption of self-help approach, in order to make, modify, and repair at home. Moreover, with the advent of technology, manufacturers are able to manufacture easy and handy implements for domestic use in order to provide a better user interface experience to the consumers.

Availability of a wide range of multifunctional tools serving multiple customer needs is also anticipated to increase the demand for household hand tools in the coming years. In addition, due to the advent of technological advancement, manufacturers are able to develop durable and string tools with the usage of different raw materials such as, iron, wood, black metal, and steel.

Manufacturers are focusing on developing pocket friendly and functional tools in order to fulfill maximum needs of the customers. For instance, in 2019, Bosch launched Bosch GSB 500 RE Kit, a power and hand tool kit, that provides a complete repair and modify tool kit for the household. These initiatives by the manufacturers are anticipated to increase the market demand in the coming future.

General hand tools are expected to expand at the fastest CAGR of 4.2% over the forecast period. With an aim to cater to minor maintenances and repairs in their own homes, single women are expected to drive the demand for the segment. Moreover, growing popularity of household gardening as a part of hobby is expected to drive the product demand.

The online distribution channel is expected to register a CAGR of 4.2% over the forecast period. Expansion of e-commerce platforms and growing usage of smartphone in daily life are boosting the growth of the online channel. Companies like amazon.com, flipkart.com, Snapdeal, and indiamart.com are coming up with door-to-door delivery of products with online display of a wide range of products. Moreover, various discount offers provided by the online platforms are influencing the buying behavior of the customers.

Asia Pacific is expected to register the highest CAGR of 4.8% over the forecast period. The market growth is attributed to growing adoption of western culture, availability and access to component fixture and repair tutorials for domestic tasks, and significant adoption of DIY methods.

Request a free sample copy or view report summary: Household Hand Tools Market Report

Household Hand Tools Market Report Highlights

  • General tools accounted for the largest share of more than 30.0% in 2018
  • Retail channels led the household hand tools market and accounted for more than 50.0% share of the overall revenue in 2018
  • Asia Pacific is expected to register the fastest CAGR of 4.8% over the forecast period
  • Some of the key players operating in the global market are Stanley Black & Decker; Apex Tool Group; Great Wall Precision; Klein Tools; Wurth Group; PHOENIX; Channellock; Akar Tools; JPW Industries; JK Files; JETECH; Excelta; Sinotools; TTi; and Kennametal Inc.

Household Hand Tools Market Segmentation

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

Household Hand Tools Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Cutting
  • Measuring
  • Taps & Dies
  • General

Household Hand Tools Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Retail Channels
  • Online

Household Hand Tools Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

Baby Safety Products Market To Reap Over USD 132.2 Billion In Revenues By End Of 2025: Grand View Research Inc.

 The global baby safety products market size is anticipated to reach USD 132.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. Rise in government initiatives regarding infant safety has been driving the global market.

In 2017, out of 3,600 Sudden Unexpected Death Syndrome (SUID) in U.S., 38% of the deaths were due to Sudden Infant Death Syndrome (SIDS), also known as crib or cot death. Centers for Disease Control and Prevention (CDC), launched an initiative named Protect the Ones You Love to raise awareness among parents about the causes of child injury, SIDS, and SUID and how they can be prevented. These factors have been contributing to the demand for baby safety products.

Baby safety products such as monitors, cribs, and strollers provide safety and comfort to the babies either while travelling or when the parents are not around. To keep these products safe for infants, the governments around the world have taken certain initiatives. For instance, in Europe, the United Nations Economic Commission of Europe (UNECE) Regulation No. 44 and Regulation No. 129 have set standards for child restraint systems and every baby car seat must meet these standards.

In 2018, the car seats segment held the largest share of 70.6%. Rising incidents of fatal car accidents is increasing the demand for baby car seats and is one of the prime factors accountable for the large market share. For instance, in China, more than 18,500 children under the age of 14 die annually due to road accidents. To control the number of accidents, manufacturers in China are coming up with new products through online and offline stores. For instance, Alibaba.com offers more than 32,000 baby car seat products.

The offline distribution channel held the largest share of over 70.0% in 2018. The online distribution channel is anticipated to expand at the fastest CAGR of 5.3% from 2019 to 2025. Product comparison feature, detailed product overview, and easy exchange and refund options are making customers comfortable with shopping online.

Asia Pacific is expected to expand at the fastest CAGR of 5.8% from 2019 to 2025. The market in this region is primarily driven by an increase in birth rate and number of working mothers in countries such as China and India. According to EPRA International Journal of Economic and Business Review, the female labor participation rate has increased by 4.1% over the last three decades.

Rise in the number of new births in this region and large population are the major factors contributing to the baby safety products market growth in this region. For instance, according to The National Health and Family Planning Commission (NHFPC), the average number of new births in China each year is estimated to be 17 million to 20 million from 2016 to 2020.

The companies are coming up with new products to cater to consumer needs. For instance, Silver Cross Jet Ultra Compact Stroller folds down to a small size and is ultra lightweight. The industry is dominated by leading players such as Britax Child Safety, Chicco, Dorel Industries, Baby Cache, Baby’s Dream Furniture, Baby Jogger, Baby Trend, Combi, Cosatto, Graco, and Land of Nod.

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

Further key findings from the report suggest:

  • Offline distribution channel held the largest baby safety products market share of more than 70.0% in 2018
  • The online distribution channel is expected to expand at a CAGR of 5.3% from 2019 to 2025 due to features such as product comparison, detailed product overview, and easy exchange and refund options
  • By product type, the monitors segment is anticipated to expand at the highest CAGR of 6.6% from 2019 to 2025
  • Asia Pacific is expected to witness the fastest growth over the forecast period due to increase in birth rate and number of working mothers in countries such as China and India, along with growing awareness about infant safety.

Grand View Research has segmented the global baby safety products market on the basis of product type, distribution channel, and region:

Baby Safety Products Type Outlook (Revenue, USD Billion, 2015 - 2025)

  • Car Seat
  • Monitors
  • Strollers
  • Others

Baby Safety Products Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

  • Offline
  • Online

Baby Safety Products Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

Patient Monitoring Accessories Market Poised to Expand at a Robust Pace Over 2033: Grand View Research Inc.

  Patient Monitoring Accessories Market Growth & Trends The global  patient monitoring accessories market  size is estimated to reach US...