Home Entertainment Devices Market Size Worth $345.2 Billion By 2025

 Home Entertainment Devices Market Growth & Trends

The global home entertainment devices market size is expected to reach USD 345.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.3% over the forecast period. Consumer preference for systems such as televisions as a medium for entertainment is expected to be a crucial factor driving the growth of the market during the forecast period.

Home entertainment appliances are economical and hassle-free and offer access to diverse content. Consumers enjoy having the option of watching or listening to the content of their choice in the comfort of their own homes. Moreover, with increasingly hectic lifestyles, these appliances are considered as a medium to connect with friends and family during major events such as sporting events, music festivals, or TV series finales. These factors are hence expected to drive the growth of the market during the forecast period.

Factors such as rising disposable income and features such as high-definition (HD), smart TVs with built-in Wi-Fi for connectivity to Netflix, YouTube, and Amazon Prime among other online streaming channels play a significant role in increasing consumer spending on these devices. With the increasingly wide range of features these systems offer, consumers consider investing in these products as they offer good value for money and last for several years. They also play a role in complementing the ambiance of homes. These factors are expected to drive the demand for home entertainment systems over the forecast period.         

Video devices accounted for a little more than 80% of the market share in 2018 and this segment is expected to continue to dominate the market over the forecast period. A number of households are inclined toward systems such as television as their prime choice of entertainment, which is likely to boost the product demand in the coming years. Televisions also offer a number of channels as well as relatively newer features such as internet connectivity for streaming videos and downloading movies.     

Asia Pacific is expected to hold the leading position in the global market over the forecast period. Increasing household disposable income, coupled with higher spending on household leisure activities, is expected to drive the growth of the Asia Pacific market during the forecast period.

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Home Entertainment Devices Market Report Highlights

• The video devices segment is projected to register the highest CAGR of 6.6% owing to increasing consumer spending on visual entertainment activities  
• The online segment is expected to register a CAGR of 8.2% owing to the rise in multi-brand online retailers who offer a range of home entertainment systems from several providers, thereby enabling consumers to compare product features and prices
• Some of the key players operating in the global market are Samsung Electronics Co. Ltd.; Sony Corporation; Panasonic Corporation; LG Electronics Inc.; Mitsubishi Electric Corporation; Koninklijke Philips N.V.; Haier Inc.; Bose Corporation; Sennheiser electronic GmbH & Co. KG; and Microsoft Corporation.

Home Entertainment Devices Market Segmentation

Grand View Research has segmented the global home entertainment devices market on the basis of device, distribution channel, and region:

Home Entertainment Device Outlook (Revenue, USD Million, 2015 - 2025)

• Audio Devices
• Video Devices
• Gaming Consoles

Home Entertainment Devices Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Home Entertainment Devices Regional Outlook (Revenue, USD Million, 2015 - 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.

Pet Grooming Products Market to Partake Significant Development During 2019 to 2025: Grand View Research Inc.

 Pet Grooming Product Market Growth & Trends

The global pet grooming products market size is expected to reach USD 14.5 billion by 2025, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing pet adoption and growing awareness about their hygiene are some of the factors driving the demand for pet grooming product.

In addition, the availability of a wide range of medicated and organic variants in shampoo, conditioner, and ear butter has drawn greater consumer attention towards grooming products. Dogs and cats are the most common companion animals and they contribute significantly to the demand for various grooming products.

Due to thick furry coating and outdoor movements and activities, companion animals are susceptible to various diseases and infections triggered by fleas and ticks. Hence companies are introducing specific brushes and shampoos to get rid of these. For instance, SynergyLabs offers veterinary formulated medicated shampoos to relieve companion animals from bacterial infections.

The increasing adoption of pets by domestic households has opened up potential opportunities for new entrants in the market especially through online platforms. Some of the e-commerce distributors of pet products include Amazon.com; Petco Animal Supplies, Inc.; PetSmart Inc.; PetMed Express, Inc.; TABcom LLC; BarkBox; PetFlow; and Bulk Reef Supply.

Among various grooming products, shampoo and conditioner were estimated to have the highest revenue share of the global market. This scenario is majorly attributed to the increasing use of these products as they are specially customized for pet hair and its hygiene.

The Asia Pacific is expected to register the highest growth over the forecast period majorly driven by the rising pet adoption in China and India in 2018. The market for a companion animal in Japan is attractive with a population of around 20 million cats and dogs.

According to the Japan Pet Food Association (JPFA), there are around 9.7 million cats and 11.8 million dogs living with families in Japan and these numbers are growing every year. The average life expectancy of companion cats in Japan is 14.4 years and for dogs, it is 13.9 years. The rising adoption of companion animals by their owners as family members is expected to boost the growth of the market.

Some of the key players operating in the global pet grooming product market include Groomer's Choice; Himalaya Herbal Healthcare; Spectrum Brands, Earthbath; Resco; SynergyLabs; Petco Animal Supplies, Inc.; Coastal Pet Products; Vet's Best; 4-Legger; and World For Pets.

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Pet Grooming Product Market Report Highlights

• The global pet grooming products market is expected to exhibit a CAGR of 5.7% from 2019 to 2025, thereby reaching a value of USD 14.5 billion by 2025
• North America is estimated to be the largest market accounting for a share of more than 50% by 2025, driven majorly by the high adoption rates of companion animals among households
• The shampoo and conditioner segment accounted for the highest revenue share of about 52% in 2018 and is expected to grow with a CAGR of 5.9% over the forecast period
• Offline distribution accounted for a major share of more than 70% in 2018, whereas online distribution is projected to witness the fastest CAGR over the forecast period.

Pet Grooming Product Market Segmentation

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

Pet Grooming Product Type Outlook (Revenue, USD Million, 2015 - 2025)

• Shampoo & Conditioner
• Shear & Trimming Tools
• Comb & Brush
• Others

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

• Offline
• Online

Pet Grooming Product Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • The U.S.
• Europe
  • The U.K.
  • Germany
• Asia Pacific
  • China
  • Japan
• Central & South America
  • Argentina
• 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.

Premium Cosmetics Market Forecasted to Grow at Steady Pace During 2019-2025

 The global premium cosmetics market size is expected to reach USD 199.2 billion by 2025, exhibiting a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing awareness regarding ingredients in beauty products and their effects on the body coupled with increasing demand for wellness beauty products is driving the market. Preference for premium cosmetics for problems such as age spots, acne, and pigmentation is expected to bode well for market growth. Also, the growing influence of brands on social media is creating more awareness among consumers. This in turn is creating demand for premium cosmetics.

Rising consumer preference for premium cosmetics, owing to a willingness to spend more on beauty products, especially across emerging countries, is expected to drive the market growth. The consumer preference for imported and branded cosmetics is majorly driven by brand name, product safety, and price. A rise in women's workforce and financial independence is expected to positively influence the market growth in the forthcoming years.

The trend of personalization is also supporting the demand for premium cosmetics among consumers. For instance, Face Gym, a European company, in 2017 launched the Make it Bar, where consumers can visit the studio and create their own face serums, suitable for their individual needs and lifestyle, with help from professionals.

The makeup segment of the premium cosmetics market is estimated to witness the fastest growth over the forecast period. The availability of waterproof and sweat-proof products manufactured especially for hot and humid climatic conditions is also boosting the demand. Skincare is estimated to be the largest segment over the forecast period, owing to the wide application for skincare. Consumers prefer facial creams, sunscreens, and body lotions to reduce acne scars, freckles, age spots, and discoloration, among other skin issues.

To boost the shopping experience and consumer interaction, premium cosmetic companies are upgrading their stores with advanced technologies. Along with on-hand assistance from beauty advisers, the companies are using Virtual Reality (VR) and Augmented Reality (AR) for better customer service. For instance, L’Oréal installed interactive displays in its Shanghai, Wuhan, and Changsha boutiques called as Magic Mirrors. The adoption of such technology also reduces the usage of sample products.

The market is oligopolistic in nature with the companies implementing various business strategies such as mergers and acquisitions to diversify the product portfolio and to expand their geographical presence. For instance, in 2018, L’Oréal acquired Stylenanda, a makeup and fashion brand focused on millennials in South Korea and China, to extend its business in Hong Kong, Singapore, Malaysia, and Thailand. L’Oréal also acquired Pulp Riot, an American brand operating in the professional hair color segment with a strong influence on social media.

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

Further key findings from the report suggest:

• Asia Pacific is estimated to be the largest and fastest-growing market for premium cosmetics, majorly driven by high demand from China and Japan
• Offline is estimated to be the largest distribution channel in the forthcoming years, owing to technological advancements such as VR interaction and AR makeup trials in stores
• The online segment is projected to register the fastest CAGR of 9.4% over the forecast period, owing to the presence of multi-brand e-retailers and companies' direct-to-consumer strategy
• Some of the key players operating in the premium cosmetics market include Coty; Estée Lauder; L’Oréal; LVMH; Shiseido; Chanel; Dior beauty; Elizabeth Arden Inc.; KAO Corporation; and The Procter & Gamble Company (P&G).

Grand View Research has segmented the global premium cosmetics market on the basis of products, distribution channel, and region:

Premium Cosmetics Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Skincare
• Haircare
• Makeup
• Fragrance
• Others

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

• Online
• Offline

Premium Cosmetics Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
  • Italy
• Asia Pacific
  • China
  • Japan
• Central & South America
  • Brazil
• 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.

Shoe Deodorizer Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

 The global shoe deodorizer market size is expected to reach USD 153.2 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.0% over the forecast period. Factors such as an increased inclination toward foot health and shoe hygiene as well as the growth of the footwear industry drive the demand for deodorizers.

The growing popularity of fitness activities has resulted in an increased demand for sports shoes. This subsequently drives the demand for deodorizers to get rid of the odor. Even sports footwear with mesh panels for increased ventilation is not entirely immune to the accumulation of sweat. Moreover, the bacteria can cause infections if precautionary measures are not taken. Gym and fitness enthusiasts engage in prolonged workout sessions and physical activities. The sweat generated causes bacterial growth and odor in footwear, thereby increasing consumer inclination for shoe deodorizers.

According to the International Health, Racquet & Sportsclub Association, the health and fitness industry witnessed a growth rate of 3%-4% per year from 2008 to 2018 in the U.S. In addition, rising instances of skin allergies in the foot area caused by the accumulation of sweat and dirt in footwear increases consumer inclination toward shoe care products. This scenario is likely to drive product demand. Moreover, diabetics are required to pay special attention to foot care in order to avoid foot ulcers caused by germ-infected footwear. This has resulted in increased spending on products such as shoe deodorizers, fresheners, and cleaners.

Sprays accounted for the largest share of 45.7% in 2018. Spray products not only mask the odor but also help eliminate the bacteria that cause the odor. They are also more convenient and easier to use when compared to their counterparts. New product developments in the category are widening the visibility of these products. For instance, sōlscience, a company launched in 2016, offers a range of premium shoe deodorizer sprays, available in multiple fragrances including Midnight Cherry, Citrus Chill, and Tropicali.

Online channel distribution is expected to register the highest CAGR over the forecast period owing to the rising penetration of digital media and marketing. The increasing number of internet users, particularly in developing economies such as China, India, and Brazil, drives the online market for deodorizers. Moreover, popular online retailers like Amazon, Walmart, Flipkart, and Myntra offer a range of shoe care products, further driving the product demand. North America dominated the global market in 2018 owing to the booming fitness industry in the region. The increasing focus on fitness subsequently drives the sales of sports footwear, thereby resulting in high product demand.

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

Further key findings from the report suggest:

• The powder segment is projected to register a significant CAGR of 6.3% over the forecast period owing to its effectiveness in absorbing moisture
• The offline distribution channel dominated the global market with an overall revenue share of 81.0% in 2018 with a rising number of specialty stores offering a range of shoe care products
• North America dominated the global market in 2018 with a share of 35.2%. This trend is projected to continue over the next few years
• The shoe deodorizer market is highly competitive in nature. Key players include S. C. Johnson & Son, Inc.; Reckitt Benckiser Group plc; Blistex Incorporated; Sanofi S.A.; Ningbo Jiangbei Ocean Star Factory & Trading Co., Ltd; Zamtek Solutions; Puma SE; Scholl’s Wellness Co.; Church & Dwight Co., Inc.; and Chattem, Inc.

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

Shoe Deodorizer Product Outlook (Revenue, USD Million, 2015 - 2025)

• Spray
• Powder
• Insole
• Others

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

• Offline
• Online

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

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

About Grand View Research

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

CBD Gummies Market Top Companies, Trends and Growth Factors Details for Business Development

 CBD Gummies Market Growth & Trends

The global CBD gummies market size is expected to reach USD 6.94 billion by 2025, exhibiting a 31.9% CAGR over the forecast period, according to a new report by Grand View Research, Inc. The market is highly fragmented in nature owing to the presence of small and medium scale companies. The majority of the companies are based out of Canada owing to the legalization of cannabis in the country for medical and recreational purposes. The growth is driven by the growing trend of cannabis legalization across the globe. Different governments are legalizing marijuana to eradicate the black market and to boost the tax revenue from legal sales of marijuana products.

Growing consumer interest in cannabis edibles is expected to support market growth. As per 4A’s, 36% of the Cannabidiol (CBD) consumers used edibles. Three-fourths of the participants associate consumption of CBD with at least one health benefit. Around 56% associate it with pain relief, 47% for anti-anxiety, 34% for sleep-aid, 30% for epilepsy, and 22% for socialization. The market players focus on consumer trends for planning their business strategies. For instance, in 2019, Plus Products Inc., a California-based edibles company, entered into a partnership with mattress startup company Casper to introduce melatonin- and CBD-infused sleep gummies. The company also partnered with American artist and philanthropist John Legend for promoting the products.

The players operating in the CBD gummies market are expanding their reach through business partnerships. For instance, in 2019, Plus Products Inc. expanded its product offering in the Nevada Adult-Use market by signing a partnership agreement with TapRoot, a vertically integrated cannabis company operating with cultivation and manufacturing facilities in Las Vegas, Nevada.

CBD gummies manufacturers are coming up with new ways to create brand value and distribution channels. For instance, in 2018, the first cannabis dispensary in a hotel was established in The Standard Hotel for an LA-based cannabis company, Lord Jones. The hotel stocks the minibar with cannabidiol gummies in its Los Angeles, New York, and Miami Beach locations.

To gain market share, the companies are focusing on merger and acquisition strategies. For instance, in 2019, Tilray acquired alcoholic cocktail gummy maker, Smith & Sinclair, to create a line of CBD edibles. The product will be distributed in the U.S. and Canada. This acquisition offers the company an opportunity to diversify the product portfolio, differentiate itself from others, and gain market share.

The companies are also entering into partnerships with distributors. For instance, in 2019, CV Sciences, Inc. expanded its distribution partnership with more than 400 Kroger stores in five new states - Georgia, Montana, Texas, Utah, and Virginia. This partnership will help the company sell its product in 22 states and 1,350 stores across many of Kroger’s retail banners, including Kroger, Dillons, Fry’s, Fred Meyer, King Sooper, Mariano’s, Pick ‘n Save, QFC, and Smiths. The company also partnered up with Southeastern Grocers, Inc. to distribute the products in Florida and South Carolina. Tilray, Inc., in 2019, acquired all of the issued and outstanding securities of 420 Investments Ltd. (FOUR20), an adult-use cannabis retail operator headquartered in Calgary, Alberta.

The market is competitive in nature due to the rising number of new entrants. For instance, in 2019, Pollen - a new CBD brand - was launched in the U.K., offering luxury products such as CBD gummies, drink drops, and sparkling drinks. Their CBD gummies are available in three flavors, namely, Cacao, lemon, and orange; Turmeric, cayenne, and grapefruit; and Honey and cherry. Companies are also launching new products to gain greater market share. For instance, in 2018, CV Sciences, Inc., supplier and manufacturer of hemp-derived phytocannabinoids, announced the launch of PlusCBD Oil Gummies at the Natural Product Expo East 2018. These CBD gummies are available in two flavors - Cherry Mango and Citrus Punch - each containing 5 mg of CBD. They are also gluten-free, vegan-friendly, and non-GMO.

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CBD Gummies Market Report Highlights

• The high concentration segment is estimated to witness strong growth over the forecasted period. Epilepsy, sleep disorders, schizophrenia, and glaucoma patients are the major consumers of high concentrated CBD gummies, with more than 20mg CBD content per gummy
• The low/concentrated segment was estimated to be the largest segment in 2018. Newcomers are the major consumers of low CBD content gummies ranging from 1mg to 20 mg of CBD per gummy
• North America is estimated to be the fastest and largest market over the forecast period. Legalization of cannabis for medical and recreational purposes is the major factor driving the regional growth
• In Europe, the U.K. is estimated to be the fastest-growing market, owing to growing consumer demand. As per the Cannabis Trade Association, the number of CBD users in the U.K. increased from 125,000 in 2016 to 250,000 in 2017
• Some of the key players operating in the market include CV Sciences; Dixie Brands Inc.; Reliva CBD Wellness; Sunday Scaries; Green Roads CBD; Medix CBD; Hemp Bombs; Pure Kana; Diamond CBD and Premium Jane.

CBD Gummies Market Segmentation

Grand View Research has segmented the global CBD gummies market on the basis of concentration, distribution channel, and region:

CBD Gummies Concentration Outlook (Revenue, USD Million, 2015 - 2025)

• High
• Low/ Concentrated

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

• Online
• Offline

CBD Gummies Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • Netherlands
  • France
• Rest of the World
  • Australia
  • Other Countries

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 Rice Cooker Market to Record an Exponential CAGR by 2025: Grand View Research Inc.

 The global electric rice cooker market size is expected to reach USD 1.1 billion by 2025, expanding at a CAGR of 7.5%, according to a new report by Grand View Research, Inc. Introduction of a smart cooker with Wi-Fi connectivity and easy to read touch panel is expected to be a key factor for promoting the market for electric rice cooker over the forecast period. Additionally, the increasing number of nuclear families on a global level is expected to play a crucial role in product promotion. Moreover, increasing product visibility through the establishment of new electronic hypermarkets in developing countries such as Brazil, China, and India is expected to remain a key driving factor over the forecast period.

The household segment held a leading market share in 2018 owing to shifting consumer inclination towards energy-efficient cooking appliances including connected rice cookers. The growing middle-class population coupled with rising disposable income in countries such as India and China is expected to fuel demand for convenient appliances such as electric rice cookers in the upcoming years. Moreover, increasing interest in high-end products including cooking appliances, which can connect with Wi-Fi, Smart Home, and virtual assistance are expected to have a positive impact on the market. However, the commercial segment is anticipated to expand at the fastest CAGR of 7.6% from 2019 to 2025. The introduction of innovative products with improved design and larger cooking capacity is the key factor fueling the adoption of these cookers in the commercial segment.

The offline segment held the largest market share close to 70% in 2018. The increased number of retail stores, especially in emerging economies such as India, China, and Brazil, is expected to boost product sales through offline stores. In addition, the strong presence of major international companies in emerging markets including China and India through newly established strategic business units is expected to promote segment growth. For instance, in February 2018, Xiaomi inaugurated its first Mi Home Experience Store in India for showcasing the company’s products including Xiaomi luggage and an electric smart rice cooker.

North America accounted for a revenue share of more than 10% of the global revenue in 2018. The strong foothold of advanced household appliance brands in the U.S. is likely to remain a key driving factor for the industry. Furthermore, the U.S. is expected to witness significant gains in terms of the rising importance of connected appliances on a domestic level.

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

Further key findings from the report suggest:

• The standard product segment held the leading electric rice cooker market share in 2018 attributed to easy product handling and low maintenance at affordable price
• The online channel segment is expected to witness the fastest growth at a CAGR of 7.9% from 2019 to 2025 as a result of the increasing importance of e-commerce channels for providing extra add-on benefits including discounts and free home delivery
• The market revenue from the Asia Pacific accounted for the largest share of more than 60% in 2018
• Product innovation is expected to be a key success factor among the industry participants over the next few years.

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

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

• Standard
• Multifunctional
• Induction
• Others

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

• Household
• Commercial

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

• Offline
• Online

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

• North America
  • The U.S.
• Europe
  • The U.K.
  • France
  • Belgium
• 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.

Trail Running Shoes Market Estimated to Experience a Hike in Growth by 2025: Grand View Research Inc.

 Trail Running Shoes Market Growth & Trends

The global trail running shoes market size is expected to reach USD 8.9 billion by 2025, registering a 5.9% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. Increasing participation in trail running events is anticipated to drive the product demand. The rising popularity of outdoor activities is supporting the product demand. As per the Physical Activity Council, the participation rate in outdoor activities increased from 53.9% in 2013 to 59.2% in 2018. The boom in marathon running is also projected to drive market growth.

The demand for trail running shoes is majorly driven by the growing number of female participants. The female participation in running increased from 22% in 2014 to 34% in 2017. The growing popularity of trail running events, such as Ultra-Trail du Mont-Blanc (UTMB), is also supporting the market growth. The demand for entry in this event witnessed a 68% rise from 2016 to 2019. In 2019, the event received 26,000 applications from 10,000 places. There are around 4,300 races certified and recognized by the International Trail Running Association (ITRA), with around 10,000 events taking place worldwide.

A high number of professional ultra-trail running participants is also a major factor driving the growth of the trail running shoes market. Ultra-trail running witnessed a 14% year-on-year growth over the past 25 years. The participants in this group are the core consumers of trail running shoes. High adoption among these consumers in order to maintain a grip over dirt, mud, gravel, roots, and rock slabs, along with protecting the feet from injuries, is expected to bode well for the overall market growth.

Asia Pacific registered the fastest CAGR in 2018 and is anticipated to continue leading over the forecasted period. The growth is majorly driven by the demand for trail running shoes from China. North America was the largest market in 2018. As per the American Trail Running Association, 83% of runners wore trail-specific shoes when training on the trails in 2019, compared to 78% in 2018.

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Trail Running Shoes Market Report Highlights

• By type, light trail running shoes emerged as the largest and fastest-growing segment in 2018, owing to preference by newcomers due to the high traction on the soil
• Rugged trail running shoes is estimated to witness strong growth over the forecast period, owing to high demand by the runners who prefer running on hiking trails
• Offline distribution channel accounts for the majority of market share in terms of product sales, owing to the availability of the right fit and cushioning and help to understand the mechanism of shoes’ functionality
• Some of the key players operating in the global trail running shoes market include VF Corporation; New Balance Athletics, Inc.; Wolverine World Wide Inc.; Brooks Sports, Inc.; Adidas AG; Nike Inc.; Skechers U.S.A, Inc.; Asics Group; Deckers Outdoor Corporation; and Amer Sports

Trail Running Shoes Market Segmentation

Grand View Research has segmented the global trail running shoes market on the basis of type, distribution channel, and region:

Trail Running Shoes Type Outlook (Revenue, USD Million, 2015 - 2025)

• Light Trail Running Shoes
• Rugged Trail Running Shoes
• Off Trail Running Shoes

Trail Running Shoes Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Online
• Offline

Trail Running Shoes Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
  • France
• Asia Pacific
  • China
  • Japan
• Central & South America (CSA)
  • Brazil
• 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.

Kids Furniture Market Industry Analysis , Opportunity Assessment And Forecast Till 2025: Grand View Research Inc.

 Kids Furniture Market Growth & Trends

The global kids furniture market size is expected to reach USD 39.96 billion by 2025, exhibiting a 4.48% CAGR during the forecast period, according to a new report published by Grand View Research, Inc. The growth can be attributed to the popular trend of setting up houses with separate kids' rooms. The rising demand for bright colored furniture for kids sharing the room is expected to bode well for the demand. Additionally, separate playrooms and study rooms are anticipated to further fuel the demand.

The rising popularity of online distribution channels has compelled furniture manufacturers to venture into this market. Escalating real estate prices in the developed, as well as developing countries, is expected to impact the sizes of homes. This factor is anticipated to create the demand for foldable, smaller, and easy-to-move articles. As a result, manufacturers focus on developing products that can be assembled and disassembled. Many manufacturers are entering into the market with assemblable sofas, chairs, and beds among other furniture articles. Campaign and IKEA are some of the market leaders for such products. Other than logistics, storing old and unused furniture is easier with this type of furniture. All these factors are projected to drive the demand for foldable or assemblable furniture for kids.

Major manufacturers have realized the potential of the children's furniture market and thus, are paying special attention to introducing products targeting this specific consumer base. In September 2019, Swoon launched nine-piece furniture, the Little Creatives range of products. These products have been designed in collaboration with Studio Tilt. These products are available in attractive colors and shapes suitable for kids’ tastes and décor needs. Such innovative product launches are expected to create growth opportunities for the market in near future.

The lucrativeness of the market has been attracting celebrities to enter the industry. In August 2019, Drew Barrymore launched Flower Home, a collection of bohemian kids furniture and décor available through online distribution channels. These products have playful prints and are available in pastel, bold, and bright colors for both bedroom and play spaces. In August 2019, Ashley HomeStore partnered with Delta Children and launched kids' furniture exclusively on the former’s website. The collection includes ribs, gliders, changing tables, and storage pieces, and an assortment of products suitable for the requirements of toddlers, tweens, and teens. The company has upgraded its online platforms by using Augmented Reality (AR), which helps the buyers view different products in the setting of their house before the purchase.

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Kids Furniture Market Report Highlights

• The beds, cots, and cribs segment accounted for more than 40% of market share in 2018, attributed to the rising demand for the products by consumers for infants
• The cabinets, dressers, and chests segment is expected to witness the fastest CAGR of 5.4% from 2019 to 2025. The rising popularity of these products to store books and stationery is expected to drive the growth
• Wood-based kids’ furniture accounted for more than 59% of market share in 2018, attributed to the first-mover advantage of the products
• The polymer-based segment is expected to witness the fastest CAGR of 5.1% during the forecast period, owing to the lightweight nature of the material
• Major kids furniture market participants include Williams-Sonoma Inc.; Hooker Furniture; Bassett Furniture Industries; and Lulu & Georgia.

Kids Furniture Market Segmentation

Grand View Research has segmented the global kids furniture market on the basis of product, raw material, application, and region:

Kids Furniture Product Outlook (Revenue, USD Million, 2015 - 2025)

• Beds, cots & cribs
• Table & Chair
• Cabinet, Dressers & Chests
• Others

Kids Furniture Raw Material Outlook (Revenue, USD Million, 2015 - 2025)

• Wood
• Polymer
• Metal

Kids Furniture Application Outlook (Revenue, USD Million, 2015 - 2025)

• Commercial
• Household

Kids Furniture Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
• Middle East & Africa (MEA)

About Grand View Research

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

Organic Bedding Market to Partake Significant Development During 2019 to 2025

 Organic Bedding Market Growth & Trends

The global organic bedding market size is expected to reach USD 1.1 billion by 2025, expanding at a CAGR of 5.1%, according to a new report by Grand View Research, Inc. The significant market growth is attributed to increasing demand for high-end bedding products impacted by the growing inclination towards luxurious lifestyles among consumers. Moreover, growing awareness about the importance of sleep and its impact on health is encouraging consumers to invest in quality products especially mattresses and bed linens, thereby contributing to the growth of the market.

Organic cotton bedding has been gaining acceptance among consumers owing to multiple factors such as natural durability as they are biodegradable. In addition, such beddings are produced through sustainable methods to attain higher quality and hypoallergenic state due to the lack of chemical additives. The increasing influx of new players in this category is expected to result in greater visibility and credibility of these products, thereby propelling market growth over the forecast period. For instance, one of the new entrants in this category is King Koil, with the aim to promote a healthy lifestyle has introduced the Natural Response EcoHybrid collection that offers mattresses produced from natural and eco-friendly materials. The top line is constructed with certified organic components.

Among various types of bedding products, bed linen was estimated to dominate, thereby accounting for a share of more than 33.7% of the global market in 2018. Growing preference for sustainable and eco-friendly products to enhance sleep experience, bed linens such as sheets, pillow, bed covers, and duvet covers are witnessing significant demand among consumers. Bed linen products are largely associated with healthy sleep, which in turn contributes to improved brain health, learning, and stabilizing mental health symptoms. Thereby, the market is anticipated to witness the dominance of the product category with higher projected growth in the forecast period. Moreover, organic sheets with cooling attributes have popularized the acceptance of these products. These sheets are produced with low thread count such that fabric is more breathable with adding natural fibers such as bamboo. Thus, new product developments are expected to witness the growth of the product in the forecast period.

The global market is highly competitive in nature. Top players operating in the market are Good Night Naturals, Parachute Home, The Natural Sleep Store, COYUCHI, L.L.Bean, Boll and Branch, The Company Store, Magnolia Organics, WJ Southard, and The Organic Mattress. Market players are adopting product development strategies to increase product lines. Moreover, companies are focusing on expanding their production capacity and are adopting innovative technologies owing to meet consumer demand for organic bedding. For instance, in March 2019, Mitre Corporation introduced a new eco-friendly line of products under The Eco Collection, such as bed linen, towels, duvets, pillows, and robes produced from 100% organic cotton with GOTS (Global Organic Textile Standard) certification. Also, in January 2019, Parachute Home launched an organic and eco-friendly mattress with its direct-to-consumer approach across the U.S.

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Organic Bedding Market Report Highlights

• The global market is expected to exhibit a CAGR of 5.1% from 2019 to 2025 and is anticipated to reach a value of USD 1.1 billion by 2025
• The Asia Pacific is estimated to be the fastest-growing market accounting for a share of more than 35% by 2025, driven majorly by high demand and product launches in India and China. APAC market is expected to exhibit a CAGR of 5.5% over the forecast period
• The bed linens segment is expected to register the fastest CAGR of 5.5% over the forecast period, thereby accounting for a share of about 35% by 2025.

Organic Bedding Market Segmentation

Grand View Research has segmented the global organic bedding market on the basis of type and region:

Organic Bedding Type Outlook (Revenue, USD Million, 2015 - 2025)

• Mattress
• Bed Linen
• Pillows
• Blankets
• Others

Organic Bedding Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • The U.S.
• Europe
  • The U.K.
  • Germany
• 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.

Sodium Chlorite Market is Anticipated To Rise at a CAGR of 6.0% from 2017 to 2025

 The global sodium chlorite market is expected to reach USD 256.4 million by 2025, growing at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Superior antimicrobial, bleaching and disinfectant properties offered by the product is expected to drive its demand in water treatment, pulp & paper, medical and textile applications.

Sodium chlorite manufacturers compete on the basis of product price, grades, and their global reach. Chinese companies are the price settlers for the product as the region dominates the production in the world. Increasing raw material prices coupled with competitive pricing in the industry are expected to hamper the profit margins for the players.

The product has been labelled as a hazardous material under USDOT regulations (49 CFR) and has to adhere to all 49 CFR regulations, which makes the shipping of the chemical an expensive proposition. Thus, shipping smaller quantities of the product is not a cost-effective practice, which compels manufacturers to trade their products in bulk quantities.

Access Research Report of Sodium Chlorite Market

Further key findings from the report suggest:

• The demand for the chemical as a disinfectant was valued at USD 92.7 million in 2016, and is expected to grow over the projected to period, owing to its increasing penetration in water treatment and medical application
• Water treatment was the largest application for the product accounting for 53.2% of the overall demand in 2016. Excellent biocidal and antimicrobial properties associated the product is expected to propel its demand in water treatment application
• The demand for the product in textile industry is expected to grow at a CAGR of 6.3% from 2017 to 2025, owing to its emergence as an excellent source for chlorine dioxide, which is a key bleaching agent required during fabric manufacturing
• Asia Pacific dominated the industry accounting over 75% of the global production, with China being the largest producer in the region. Rapid growth of domestic pulp & paper and water treatment industries in the region is expected to surge domestic consumption
• North America is expected to witness a growth of 5.4% from 2017 to 2025 owing to rising government focus to improve water and wastewater treatment processes in the region
• OxyChem dominates the industry in the North America, as it the only producer of the chemical in the U.S. The company owns manufacturing facility for the product in Wichita, Kansas, wherein they produce both solid and liquid grades of the product
• The key players involved include DuPont, ERCO Worldwide, Occidental Petroleum Corporation (OxyChem) and American Elements

Grand View Research has segmented the global sodium chlorite market on the basis of application, end-use and region:

Application Outlook (Volume, Tons; Revenue, USD Thousands, 2012 - 2025)

• Disinfectant
• Antimicrobial agent
• Bleaching agent
• Others

End- Use Outlook (Volume, Tons; Revenue, USD Thousands, 2012 - 2025)

• Water treatment
• Paper
• Textile
• Medical
• Others

Regional Outlook (Volume, Tons; Revenue, USD Thousands, 2012 - 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.

Trivalent Chromate Finishing Market to Observe Strong Development by 2025

 The Report Trivalent Chromium Finishing Market Analysis, By System (Plating, Conversion Coatings, Passivation), By Application (Decorative, Functional), By End Use, By Region, And Segment Forecasts, 2018 - 2025

The global trivalent chromate finishing market is expected to reach USD 379.1 million by 2025, according to a new report by Grand View Research, Inc. The increasing awareness about health and safety issues coupled with regulatory mandates to enforce trivalent chromium as a replacement for hexavalent chromium is projected to fuel the market growth. In addition, rising demand from the European region is further expected to propel the demand over the forecast period. 

In terms of revenue, decorative was the largest application segment in 2016 and the trend is anticipated to continue at a growth rate of 4.6% over the forecast period. Increasing need for improving the surface appearance of components is expected to contribute to the growth. Decorative chrome is being widely used on account of various properties such as stain and abrasion resistance. The extensive research to reduce the use of harmful chemicals in the chrome finishing process is boosting the demand for trivalent chrome finishing. The growth in construction activities due to the rising demand from the residential sector on account of easy credit availability is anticipated to drive the decorative chrome application in the architecture industry.

Trivalent chromate finished components are used in the manufacturing of various types of aircraft, which require precise dimensional measurements and corrosion resistant property. The increasing national security threats and mounting global tensions have boosted the budget spending for aerospace in the defense sector. The increased spending is expected to trigger the need for various ferrous and non-ferrous aerospace components, which use trivalent chromium finishing to improve the appearance and other properties of aircraft parts. These factors together are anticipated to boost trivalent chromium finishing market demand over the forecast period.

Access Research Report of Trivalent Chromate Finishing Market @ http://www.grandviewresearch.com/industry-analysis/trivalent-chromium-finishing-market

Further key findings from the report suggest:

• Plating segment is expected to experience the fastest growth, in terms of value, at a CAGR of 4.7% from 2017 to 2025 as plating systems find application in various end-use industries such as automotive, hydraulics, and heavy machinery
• Decorative emerged as the largest application segment, in terms of revenue, in 2016 and is estimated to be valued at USD 284.4 million by 2025. The growing popularity on account of corrosion and abrasion resistance properties is projected to drive the growth.
• Automotive was estimated as the largest end-use industry due to different types of decorative and functional chrome being widely used for components in vehicle manufacturing
• The U.S. trivalent chromium market, in terms of revenue, was valued at USD 44.07 million in 2016 and is estimated to reach USD 69.25 million by 2025. The automobile industry in the U.S. is projected to witness substantial growth over the next 8 years owing to the increasing demand for energy.
• Key players including MacDermid Incorporated; Atotech Deutschland GmbH; Sarrel Group; Chem Processing, Inc.; Kakihara Industries Co., Ltd.; and Ronatec C2C, Inc. have a prominent presence in the global trivalent finishing market 

Grand View Research has segmented the global trivalent chromate finishing market on the basis of system, application, end use, and region:

Trivalent Chromium Finishing System Outlook (Revenue, USD Million; 2014 - 2025)

• Plating
• Conversion Coatings
• Passivation

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

• Decorative
• Functional

Trivalent Chromium Finishing End Use Outlook (Revenue, USD Million; 2014 - 2025)

• Automotive
• Oil & Gas
• Aerospace
• Hydraulics & Heavy
• Machinery
• Others

Trivalent Chromium Finishing 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.

Drilling Waste Management Market is Expected To Grow at CAGR of 6.57% by 2025

 The Report Drilling Waste Management Market Analysis By Application (Offshore, Onshore), By Service (Treatment & Disposal, Solids Control, Containment & Handling), By Region, And Segment Forecasts, 2018 – 2025

The global drilling waste management market is expected to reach USD 7.13 billion by 2025, according to a new report by Grand View Research, Inc. Growing ecological awareness towards effective treatment and disposal of drilling wastes coupled with strict regulations to enforce the laws will boost the market growth.

Increasing drilling activity for natural gas exploration along with growing construction sites for residential and commercial spaces is predicted to drive the global drilling waste management market over the forecast timeframe. Applications of the market include onshore and offshore drilling wastes. Onshore application segment is the dominant sub-segment of the market, while the offshore application is predicted to witness significant growth by 2025. North America leads the onshore application segment owing to the unprecedented domestic production levels crude oil, largely due to the wide adoption of innovative technologies including hydraulic fracturing and horizontal drilling, signalling the onset of a shale revolution.

The drilling waste management market is also segmented based on services, including treatment & disposal, containment & handling, and solids control. In 2016, Treatment & disposal accounted for 39.2% of the market share, largely owing to onsite burial sites including landfills and pits, land-spreading, land-farming, incineration & thermal treatment, slurry injection and bioremediation. Treatment & disposal services are chiefly dominant in Europe and North America owing to increasingly strict regulations including zero-discharge standards that direct drilling companies to effectively treat and reuse all drilling waste generated, and forbid any dumping, especially in water bodies like rivers or seas.

Access Research Report of Drilling Waste Management Market @ https://www.grandviewresearch.com/industry-analysis/drilling-waste-management-market

Further key findings from the report suggest:

• The U.S. drilling waste management market will witness growth of 3.79% CAGR over the forecast period. The slowdown in the oil and gas market has deeply impacted the drilling markets in the country, with some estimates suggesting 60% decrease in rig drilling. High break-even costs and longer gestation periods in shale exploration and production have further impacted industry growth.
• In 2025, UK drilling waste management market is predicted to be valued at USD 0.39 billion. The country has large scale onshore and offshore drilling activities and is among the first nations in the world to introduce stringent waste management legislation.
• China drilling waste management market is expected to grow at 12.09% CAGR. The country is expected to undertake large scale offshore exploration projects to discover natural gas reserves.

Grand View Research has segmented the global drilling waste management market on the basis of product and region:

Technology Outlook (Revenue, USD Billion, 2014 - 2025)

• Treatment & Disposal
• Solids Control
• Containment & Handling

ApplicationTypeOutlook (Revenue, USD Billion, 2014 - 2025)

• Onshore
• Offshore

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

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

Bio-Polyamide Market Projected to Register 12.9% CAGR from 2017-2025

 The Report Bio-Polyamide Market Analysis By Product (PA 6, PA 66, Specialty Polyamide) By Application, By End use (Textile, Automotive, Coating, Sports, Industrial, Electronics), And Segment Forecasts, 2018 - 2025

The global bio-polyamide market is anticipated to be valued at USD 327.3 million by 2025, according to a new report by Grand View Research, Inc. The increasing demand for bio-polyamides from the automotive, electronic & electrical, and textile industries is projected to drive the market in the next few years.

Reduction in the carbon footprint is a major factor that has contributed to the extensive use of eco-friendly products in various sectors. The superior properties of bio-polyamides, such as their high chemical resistance, low moisture absorption, excellent mechanical properties, and high thermal stability, have driven their usage in various applications as compared to their petrochemical-derived alternatives.

Legislation pertaining to the use of renewable products in Europe and North America along with the increasing awareness about the environmental degradation caused by the extraction of petroleum derivatives are expected to propel the bio-polyamide market over the forecast period. Synthetic surfactants are derived from petrochemicals. The stringent regulations enforced due to environmental concerns regarding the toxicity of synthetic surfactants are also likely to drive bio-polyamide market over the forecast period.

Access Research Report of Bio-Polyamide Market@ https://www.grandviewresearch.com/industry-analysis/bio-polyamide-market

Further key findings from the report suggest:

• The global bio-polyamide market was valued at USD 110.5 million in 2016 and is projected to ascend at a CAGR of 12.9% from 2017 to 2025
• The PA-6 segment occupied the largest market share and is expected to witness an estimated CAGR of 12.7% from 2017 to 2025
• PA-66 is estimated to be the fastest growing segment owing to its higher modulus, better wear resistance, better short term thermal strength, and ability to absorb slightly less moisture as compared to PA-6
• Massive investments made in the automotive, electronic, and textile industries are anticipated to influence the market growth positively in the next few years
• Engineering plastics occupied the largest market share in 2016 and is projected to progress at the highest CAGR over the forecast period on account of its broad application scope
• The automotive segment of the market by end use is predicted to ascend at the highest CAGR in the next few years owing to the development of automobile technologies
• Key players in the market include Evonik Industries, Huntsman Corporation, Lanxess AG, Ube Industries, Ltd., and BASF SE
• Patented manufacturing technologies and high raw material costs have restricted the entry of new players into the market. Increasing R&D efforts are projected to result in the emergence of new players in the industry.

Grand View Research has segmented the global bio-polyamide market on the basis of product, application, end use, and region:

Bio-Polyamide Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• PA-6
• PA-66
• Specialty Polyamides

Bio-Polyamide Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Fiber
• Engineering Plastics

Bio-Polyamide End-use Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

• Textile
• Automotive
• Film & Coating
• Consumer Goods
• Industrial
• Electrical & Electronics
• Others

Regional Outlook (Volume, Tons; 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.

Curing Adhesives Market to Register Stable Expansion During the Forecast Period

 The global curing adhesives market is expected to reach USD 18.8 billion by 2025, according to a new report by Grand View Research, Inc. The industry is anticipated to grow significantly over the forecast period owing to rising applications in automotive and construction industry to cater consumer demand for diverse product features.

U.S. Environmental Protection Agency Office of Air Quality Planning and Standards provides various standards and acts for environmental protection against the use of harmful synthetic chemical while manufacturing these products.

Acrylate resin was the leading raw material segment with over 30% share of the overall market volume in 2016. Acrylate resin are preferred in UV curing adhesives owing to the ability of product for humid and water resistance coupled with good resistance impact strength. Ideal bonding properties of UV cure agents used in glassware, glass furniture, and clear plastic, has contributed towards higher demand of UV curative bonding agents in medical and optical devices over the past few years.

Polyurethane emerged as second largest resin segment accounting for a revenue share of over 22% in 2016. It holds added advantage over other conventional counterparts such as epoxy adhesives since they can be set in high moisture conditions. Growing automotive and construction industries in countries such as China, India, and Germany is expected to provide an opportunity for curative bonding agents over the next eight years.

Access Research Report of Curing Adhesives Market @ http://www.grandviewresearch.com/industry-analysis/curing-adhesives-market

Further key findings from the report suggest:

• The global curing adhesive demand was over 1.9 million tons in 2016 and is anticipated to grow at a CAGR of 6.1% from 2017 to 2025
• Moisture curing bonding agents was the largest product segment in 2016, owing to the high product demand in construction sector
• Electronics & electrical end-use sector is expected to witness the highest growth for curing adhesives over the next few years, owing to ongoing technological innovation and advancement, and is expected to account for 20.6% of revenue share by 2025
• Asia Pacific emerged as the largest and fastest growing regional market with an estimated CAGR of 8.2% over the forecast period. High production capacities for automotive, and electronic sectors in Asia Pacific has led to the enhancement of curing adhesives demand over the past few years.
• The European market is estimated to witness moderate CAGR of 7.2% in terms of revenue growth over the forecast period.
• The major players operating in the curing adhesives market comprise H.B. Fuller, Henkel Adhesives, Dow Corning, 3M Company, Bostik, Sika AG, and Dymax Corporation. The market players are majorly focusing on the strategy of integration with raw material supplier or distributors to enhance the supply chain efficiency.

Grand View Research has segmented the global curing adhesives market on the basis of resin, product, end-use:

Curing Adhesives Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Epoxy
• Polyurethane
• Acrylate
• Silicone
• Others

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

• UV cure
• Moisture cure
• Thermal cure

Curing Adhesives End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Automotive
• Construction
• Electronics & Electrical
• Medical
• Wood working
• Others

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

• North America
• Europe
• Asia Pacific
• Central & South America (CSA)
• 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.

Aerosol Caps Market is Estimated to Expand at a CAGR of 4.7% through 2025: Grand View Research Inc.

 The global aerosol caps market is expected to reach USD 440.5 million by 2025, growing at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Increasing demand for the product in aerosol used in personal care and household application is expected to drive growth.

Growing demand for the aerosols in the automotive & industrial application is expected to drive industry growth over the next eight years. The increasing utilization of aerosol paint cans in enhancing the aesthetic value of the vehicle is expected to drive the demand over the forecast period.

The increasing use of aerosol products in the personal care industry is expected to have a positive impact on the demand. However, the substitution by new technologies in the aerosol industry is expected to restrain growth. In addition, the rising environmental & human health concerns pertaining to aerosol products is expected to restrain growth.

The industry is fragmented with local manufacturers accounting for majority of the market share. These players cater to their existing customers and provide personalized services to retain them. As a result, players catering to the global market struggle to acquire new customers in a supplier saturated market.

Access Research Report of Aerosol Caps Market@ https://www.grandviewresearch.com/industry-analysis/aerosol-caps-market

Further key findings from the report suggest:

• Personal care accounted for 45.3% of the overall revenue share in 2016 on account of the growing demand for aerosol products in hair care and skin care applications coupled rising consumer grooming standards
• Automotive & industrial applications accounted for over 23.5% of the volume share in 2016 owing to high utilization of bug & tar remover, cleaner, degreaser aerosol sprays coupled with growing automotive industry
• Food & paints applications accounted for over USD 75 million on account of the growing demand for aerosol technology in manufacturing spray paint cans, cheese cans and other related products
• The U.S. accounted for 24% of the overall industry owing to the presence of major automotive players in the country coupled with increasing demand for aerosol technology in automotive industry
• The major players in industry are vertically integrated and adopt different technologies for improving the quality of raw materials and molding techniques to enhance the quality of the aerosol caps

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

Aerosol Caps Application Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

• Personal Care
• Household
• Automotive & Industrial
• Foods
• Paints
• Medical
• Others

Aerosol Caps Regional Outlook (Volume, Million Units; 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

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.