Tuesday, 15 December 2020

Impact of Existing and Emerging School Furniture Market Trends And Forecast 2019-2025: Grand View Research Inc.

 School Furniture Market Growth & Trends

The global school furniture market size is anticipated to reach USD 6.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Increasing focus on the educational sector across rural and urban areas and compulsory basic education schemes provided by governments around the world are affecting the growth of the market. Furthermore, increasing the construction of schools in developing regions has contributed to market growth. According to ISC Research, a prominent supplier of international school data, there were just under 10,300 English-medium international schools across the globe in January 2019, with 5.6 million students enrolled.

The growing trend of ergonomic chairs for comfortable seating has promoted the demand for flexible classroom furniture. Demand for multi-functional tables and chairs that can be used in classrooms, labs, and libraries, among others is also on the rise. The introduction of various raw materials for the production of furniture that is more stable, durable, and sustainable has played a key role in market growth. For instance, manufacturers have been making tables, chairs, and benches with materials such as molded plastic, processed or engineered wood, and high-pressure laminate. Demand for space-saving furniture with storage options in classrooms has witnessed a considerable rise. For instance, CBT Supply Dba Smartdesks creates smart chairs and tables with stackable options and multi-functional applications for classrooms and offices.

In terms of product, the seating category dominated the market with a share of 51.3% in 2018. This can be attributed to features such as wider application than other pieces of furniture, high durability, and the ability to add mobility and functionality. In addition, growing demand for chairs and tables on castors, which helps to easily rearrange furniture, has fueled segment growth. By application, classrooms accounted for the largest revenue share of 79.9% in 2018. Increasing student enrolment in schools across the globe has upped the need for chairs and tables in classrooms. The introduction of swivel chair designs with ergonomic features has been a recent addition in many schools, looking to replace traditional chairs.

Asia Pacific is expected to register the fastest growth in the market, exhibiting a CAGR of 7.1% from 2019 to 2025. The rising culture of private education in developing countries, owing to the better quality of education and facilities as well as focus on numerous extracurricular activities, is fueled by growing disposable income and improving lifestyle. This is projected to have a positive impact on the demand for classroom furniture. For instance, private schools in China accounted for more than 35.0% of total schools in the country, reaching a total of 183,500 schools in 2018.

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

School Furniture Market Report Highlights

  • By product, the seating segment dominated the market with a share of 51.3% in 2018. This can be attributed to features such as wide application, high durability, and the ability to add mobility and functionality
  • By application, classrooms accounted for the largest revenue share of 79.9% in 2018. Increasing student enrolment in schools across the globe has upped product demand
  • Asia Pacific is expected to register the fastest growth in the market, exhibiting a CAGR of 7.1% from 2019 to 2025. The rising culture of private school education in developing countries is a key factor driving the regional market
  • Top players operating in the school furniture market include Fleetwood Group; Scholar Craft; VS America, Inc.; Smith System Mfg. Co; Knoll, Inc.; Haworth Inc.; VITRA INTERNATIONAL AG.; Virco; Office Line; and MOBeduc.

School Furniture Market Segmentation

Grand View Research has segmented the global school furniture market by product, application, and region:

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

  • Seating Furniture
  • Storage Units
  • Lab Furniture
  • Others

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

  • Classroom
  • Library & Labs
  • Others

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

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

About Grand View Research

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

Riding Boots Market Is Expected To Accomplish A Valuation Of Around USD 2.18 Billion By 2025: Grand View Research Inc.

 The global riding boots market size is expected to reach USD 2.18 billion by 2025, exhibiting a CAGR of 6.1% during the forecast period, according to a new report published by Grand View Research, Inc. Increasing enthusiasm for cruiser, sport, and dirt bikes for long road trips and adventurous off-roading is expected to be a key growth driver. Rising road safety awareness in order to prevent road traffic crashes is anticipated to drive the market demand for various safety gear including riding boots.

Stringent government policies to encourage motorcycle safety and adoption of safety gear, such as riding shoes for riders as well as pillions are expected to positively influence the market growth. The rising incidence of road crashes is one of the major challenges for governments and authorities. The introduction of effective and sustainable safety solutions for such accidents is expected to further drive product demand. According to the Global Status Report on Road Safety 2018, published by the World Health Organization (WHO), in 2016, 1.35 million people lost lives in various motorbike and road traffic accidents. Rising awareness regarding rider safety is expected to drive the bike shoes market over the forecast period.

Sport and race boots was the largest product segment in the market, with a share of more than 60% in 2018 and is anticipated to continue its dominance during the forecast period. Key manufacturers offer innovative boots, developed from composites materials for utmost safety and comfort. For instance, in July 2018, Alpinestars S.p.A launched the newest series of riding gears including riding boots called Tech 10. These boots are designed using the latest Front Flexion Control Frame technology with a resigned foot shell and slimmer outsole. According to the company, the new buckles added to the footwear are durable and better to operate. Such product launches are anticipated to boost the bike gear market over the forecast period.

Europe was the largest market, with a share of more than 30.0% in 2018. The strong foothold of the largest sports bike manufacturers including Ducati, Aprilia, Benelli, and Cagiva is expected to ensure the continuous popularity of motorcycling in Europe and thus, in turn, will expand the scope of riding footwear over the next few years. Key product manufacturers, such as Alpinestars S.p.A, LeMans Corporation, Dainese S.p.A, FOX, FLY Racing, and TCX S.r.l., focus on launching new products to gain a greater consumer base.

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

Further key findings from the report suggest:

  • Asia Pacific is expected to register the fastest CAGR of 6.6% from 2019 to 2025, owing to the implementation of road safety rules along with the strong foothold of motorbike consumers in countries including China, Japan, South Korea, and India
  • The cruising and touring riding shoes market is expected to witness the fastest CAGR of 6.3% from 2019 to 2025 owing to the rising popularity of long road trips as a recreational activity
  • The online distribution channel segment is anticipated to register the fastest CAGR of 6.8% from 2019 to 2025, as these channels offer a high level of convenience to the consumers
  • Key market players include Alpinestars S.p.A, LeMans Corporation, Dainese S.p.A, FOX, FLY Racing, GAERNE USA, Harley-Davidson, Inc., Royal Enfield, SULLIVAN'S INC., and TCX S.r.l.

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

Riding Boots Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Sport & Race Boots
  • Cruising & Touring Boots
  • Adventure & Dual Sport Boots

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

  • Offline
  • Online

Riding Boots Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

Mineral Cosmetics Market Latest Trends, Industry Growth And Forecast To 2025: Grand View Research Inc.

 Mineral Cosmetics Market Growth & Trends

The global mineral cosmetics market size is expected to reach USD 4.3 billion by 2025, expanding at a CAGR of 5.3%, according to a new report by Grand View Research, Inc. Shifting consumer preference for organic and natural beauty products is driving the market across the globe. Increasing consciousness about physical appearance coupled with growing purchasing power in the developing economies including China, Brazil, and India is fueling demand for the products. In addition, rising female participation in the corporate sector on a global level has been boosting the demand for mineral cosmetics products over the world.

Facial products accounted for more than 40% of the total revenue in 2018. Over the past few years, mineral foundations have become popular among consumers as they are more beneficial for skin as compared to conventional makeups. These foundations generally contain zinc oxide and titanium dioxide, which provide sun protection, better coverage, and hide the aging lines nicely. The growing popularity of online makeup tutorials and social media has been propelling the growth of facial makeup products over the world. Lately, water-resistance and sweat-proof foundations are gaining significant popularity among consumers.

The industry is highly competitive and has well-established companies offering a wide range of products across several product categories. Manufacturers have been strengthening their position and expanding product lines through mergers and acquisitions and product innovation. For instance, in January 2016, L’oréal S.A. acquired Raylon Corporation, a wholesale distributor operating in 48 states in the U.S. The acquisition was done in an attempt to expand its distribution network in the U.S. to boost the company’s market penetration. Similarly, in June 2017, BWX Limited acquired North Castle Partners’s Mineral Fusion Natural Brands LLC. Through this acquisition, BWX entered the U.S. cosmetics market as Mineral Fusion is a well-established natural cosmetics brand in this country.

The key competitors in the industry include Mineralissima Mineral Make-up; Glo Skin Beauty; Shiseido Company Limited; Iredale Cosmetics, Inc.; BWX Limited; L'Oréal S.A.; Revlon, Inc.; The Estée Lauder Companies Inc.; Ahava Dead Sea Laboratories, Limited; and Cover FX.

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

Mineral Cosmetics Market Report Highlights

  • The face products segment generated a market revenue of more than USD 1 billion in 2018, emerging as the largest segment. Lip products are expected to witness the highest CAGR of 5.6% from 2019 to 2025 owing to rising appearance consciousness among working women
  • In terms of the distribution channel, offline sales dominated the mineral cosmetics market and accounted for more than 75% of the global revenue in 2018. The online distribution channel is expected to exhibit a CAGR of 6.0% from 2019 to 2025
  • North America dominated the market in 2018, accounting for more than 35% of the global revenue share. Asia Pacific is expected to observe the fastest growth during the forecast period owing to the rising purchasing power of consumers.

Mineral Cosmetics Market Segmentation

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

Mineral Cosmetics Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Face Products
  • Lip Products
  • Eye Products
  • Others

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

  • Offline
  • Online

Mineral Cosmetics Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

Car Wash Services Market Estimated To Flourish By 2025 : Grand View Research Inc.

 Car Wash Service Market Growth & Trends

The global car wash service market size is expected to reach USD 41.1 billion by 2025, according to a new report by Grand View Research, Inc., registering a 3.2% CAGR over the forecast period. The growing trend of vehicle maintenance in order to boost its resale value is expected to boost the demand for car wash services in the coming years. Harmful chemicals that accumulate on the vehicle over time can cause the metal to corrode. These deposits are difficult to remove by merely cleaning with a sponge or brush. Moreover, these household cleaning products could result in scratches on the surface of the vehicle, further damaging the vehicle’s exterior. As a result, consumers prefer and trust professional car wash services. In addition, the hassle of self-cleaning is avoided thanks to such amenities.

As per the International Carwash Association (ICA), there has been a steady decline in home vehicle washes in the past 18 years. In 1996, 47.6% of consumers preferred washing their vehicles at home, whereas in 2014, only 28.4% of consumers opted for the same. This significant shift is owing to benefits such as speed, convenience, and efficiency offered by professional car wash operators. Growing consumer discretionary spending in certain countries is also expected to support market growth. Increasing awareness regarding wastage of water by washing vehicles at home is giving the market a major boost.

However, strict government regulations regarding water usage in professional vehicle washing services act as a restraint for market growth. For instance, in California, car wash services are required to reuse 50% of the water used during a car wash. To adhere to this requirement, operators are compelled to use zero-degree nozzles, which results in an added cost of investment and lower profit margins. Nevertheless, some operators see this as an opportunity to go green and are turning to waterless cleaning practices. Self-service vehicle washing is highly popular among consumers who prefer to wash their vehicles by themselves. Flexibility on the usage of foam, water, brush, and other equipment for car wash and payment only for the amenities they use are some of the factors behind the rising popularity of this service.

The market in the Middle East and Africa is estimated to witness steady growth over the forecast period owing to the increasing number of cars and improving economic conditions in numerous countries in the region. With a ban on washing vehicles in public spaces in several countries in the region, there is more scope for professional car washes. The scarcity of water in the region has also compelled operators to introduce innovative eco-efficient car wash techniques.

Request a free sample copy or view report summary: Car Wash Service Market Report

Car Wash Service Market Report Highlights

  • The self-service segment accounted for the second-largest market share in 2018 and will also register steady growth over the forecast period. Flexibility on the usage of cleaning supplies and payment only for the amenities used are some of the factors driving the popularity of this service
  • The roll-over/in-bay segment held the largest revenue share in the market in 2018 thanks to low operating costs and less space required for installation. The segment is anticipated to retain its lead through 2025
  • North America is the largest and most mature market for car washing solutions, with the U.S. accounting for more than 43.0% of the global revenue in 2018. More than 2 billion cars are washed in the region each year
  • Some of the key players operating in the global car wash services market are Mister Car Wash; Zips Car Wash; International Car Wash Group (ICWG); Autobell Car Wash; Quick Quack Car Wash; Super Star Car Wash; True Blue Car Wash; Magic Hand Car Wash; Hoffman Car Wash; and Wash Depot Holdings Inc.

Grand View Research has segmented the global car wash services market on the basis of type and region:

Car Wash Service Market Segmentation

Car Wash Service Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Tunnels  
  • Roll-over/In-Bay
  • Self-Service

Car Wash Service Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

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.

Sunday, 13 December 2020

Ceramic Tiles Market Emerging Trends & Forecast Till 2027

 The global ceramic tiles market size is expected to reach USD 582.7 billion by 2027, expanding at a revenue-based CAGR of 6.7%, according to a new report by Grand View Research Inc. Increasing demand for aesthetics improvement in the flooring and walling is anticipated to support market growth over the forecast period.

High production capacity coupled with a wide distribution network of prominent players are likely to fulfill the demand in the construction applications across the globe. As a result, increasing new constructions for residential and non-residential buildings in major economies due to industrial development coupled with rapid urbanization are likely to create a scope for market growth.

Ceramic Tiles

Durability and enhanced lifespan offered by these tiles are likely to increase its utility in the high traffic commercial construction applications. Technological advancements in the manufacturing process have introduced customization options in color, size, texture, and dimensions, thus are likely to gain high traction in residential and non-residential building renovation projects.

Key players in the market such as Tarkett, Mohawk, RAK Ceramics, Johnson Tiles are engaged in the development of ceramic tiles with superior durability and customization options. In addition, compliance with the green building codes by major economies is expected to have a positive impact on product demand as these tiles are environment-friendly and can be recycled.

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

Further key findings from the report suggest:

  • The demand for porcelain tiles is expected to witness a revenue-based CAGR of 7.3% over the estimated time owing to its wide applications in residential flooring applications and benefits including durability and enhanced aesthetics
  • In Europe, the revenue for the glazed ceramic segment in 2019 stood at USD 20.3 billion and is projected to witness a revenue-based CAGR of 4.7% over the forecast period on account of the increasing popularity of eco-friendly building materials with high aesthetic value
  • In 2019, non-residential flooring applications dominated the market with a share of 58.6% on account of high penetration of the product in office construction driven by superior aesthetics and durability offered by the product
  • The ceramic tiles market in Asia Pacific is expected to witness a CAGR of 8.2% by revenue from 2020 to 2027 on account of the wide acceptance of the product in flooring applications
  • In November 2018, Johnson Tiles extended its product portfolio with the introduction of Savoy Floor, a range of glazed porcelain floor tiles with a rustic concrete effect and geometric patterns which served as a strategy aimed at portfolio expansion.

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

Ceramic Tiles Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • Glazed ceramic
  • Porcelain tiles
  • Scratch free ceramic tiles
  • Others

Ceramic Tiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • Wall
  • Floor
  • Others

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

  • Residential
  • Non-residential

Ceramic Tiles Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Spain
    • Turkey
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Central & South America (CSA)
    • Brazil
    • Argentina
  • Middle East & Africa (MEA)
    • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based Gas Sensor Plant Biotechnology Equipment Carry Cases 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 Gas Sensor Plant Biotechnology Equipment Carry Cases Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Alcohol Ingredients Market to Witness Tremendous Growth and Expansion by 2025

 The global alcohol ingredients market size is expected to reach USD 2.71 billion by 2025 registering a CAGR of 8.3%, according to a new report by Grand View Research, Inc. Increasing alcohol consumption across the globe has been fueling the product demand. In addition, rapid urbanization along with the increased adoption of western culture in the developing countries including China, India, Indonesia, and Taiwan is expected to boost the demand for alcoholic beverages, which, in turn, will prompt the utility of ingredients including yeast and enzymes.

Alcohol Ingredients

Flavors & salts product segment held the largest market share in 2018 on account of increased demand for flavored drinks. Major alcoholic beverage companies have expanded their product portfolio in this particular segment. Beer held the largest market share of over 40% in 2018. Health benefits offered by beer along with its low alcohol content have made it a popular drink. Craft beers are expected to witness a significant growth in near future due to growing popularity across the globe. Europe was the dominant regional market in 2018.

Prominent economies of this region include, Germany, U.K., Italy, Spain, Romania, and Belgium. High alcohol consumption levels along with the presence of a large number of alcohol producers has increased the product demand in this region. Asia Pacific is anticipated to be the fastest-growing region at a CAGR of 9.6% from 2019 to 2025. China, India, South Korea, Taiwan, Myanmar, and Thailand are the prominent markets in this region. Rising per capita income and growing number of pubs, bars, and clubs have been driving the product demand in these developing countries.

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

Further key findings from the study suggest:

  • Europe held the largest market share in 2018 accounting for more than 35% of the total revenue
  • Spirits application segment is expected to register the fastest growth rate of 9.0% over the forecast period
  • Flavors & salts product segment held the largest share of the global alcohol ingredients market in the past and is projected to expand at the highest CAGR from 2019 to 2025
  • Spirits segment held the largest share in the Asia Pacific market and also accounted for more than 45% of global revenue in 2018
  • Key companies in this market include Treatt PLC; DDW; The Color House; AngelYeast Co., Ltd.; Biospringer; Sensient Technologies; Chr. Hansen A/S; The Archer Daniels Midland Company; Kerry, Inc.; Ashland Global Specialty Chemicals, Inc.; and Döhler

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

Alcohol Ingredients Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Yeast
  • Enzymes
  • Colorants
  • Flavors & Salts
  • Others

Alcohol Ingredients Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Beer
  • Spirits
  • Wine
  • Others

Alcohol Ingredients 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.

Fish Powder Market To Hold a High Potential for Growth by 2025: Grand View Research Inc.

 The global fish powder market size is expected to reach USD 10.32 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.51% during the forecast period. The growth is attributed to the rising use of fish meal products in poultry and swine diets. Rising aquaculture production along with the rise in the fortified food industry over the forecast period is anticipated to further fuel the growth.

Rising use of fish powder for the fortification of food is anticipated to drive the market. Moreover, demand for different fish categories such as anchovy, horse mackerel, capelin, menhaden, sand eel, and pilchard among others in functional food production is expected to drive the market. Increased aqua feed farming is anticipated to continue to drive the demand in the forthcoming years.

Fish Powder

The production of fish meal is highly concentrated in Asia Pacific. China accounts for about 90% of the global aquafeed production. China is also the world’s largest importer of fish meal products; accounting for about 1.57 million metric tons in 2017 from 0.98 million metric tons in 2013. Growing imports along with the surge in prices has anticipated the demand for the products.

Rising demand in the aquafeed industry in India has driven the growth of the fish powder market. In India, the consumption of aquafeed was around 1 million tons in 2012, which reached to about 7 million tons in 2017. India has about 26 aquafeed mills with production capacity of about 43.4%, producing about 1.25 million tons of feed. Rise in fish farming is anticipated to further boost the product demand over the forecast period.

Rising interest for functional ingredients in food products due to their various health benefits in poultry and swine application will fuel growth of the market. Improvements in the production facilities and expansion of geographical reach to boost market development is expected to create growth opportunities in near future. The key players engage in acquisitions and mergers, online sales, limited extensions, among other development endeavors. Major companies operating in the market are Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation.

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

Further key findings from the report suggest:

  • In terms of revenue, whole fish as a source is projected to ascend at a CAGR of 5.62% over the forecast period of 2019 to 2025
  • Aquaculture emerged as the leading application segment with a market share of over 52.03% in 2018
  • Asia Pacific led the global fish powder market in 2018, with a 71.54% market share in terms of revenue. Growing aqua feed industry on account of the demand from functional ingredients mainly in developing countries such as India and China is expected to propel the market
  • The market is highly competitive in nature. The main players include Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation
  • Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to estimate existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global fish powder market on the basis of source, application, and region:

Fish Powder Source Outlook (Revenue, USD Billion, 2015 - 2025)

  • Whole Fish
  • By-Product

Fish Powder Application Outlook (Revenue, USD Billion, 2015 - 2025)

  • Swine
  • Aquaculture
  • Poultry
  • Others

Fish Powder Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Attractive Market Opportunities in the Pet Food Packaging Market by 2025: Grand View Research Inc.

 The global pet food packaging market size is projected to reach USD 16.50 billion by 2025, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Pet food packaging is becoming increasingly popular among pet food manufacturing companies focusing on capturing brand loyalty.

The industry has evolved over the years with both international and domestic packaging suppliers looking to offer scientifically advanced and developed materials/ products to their clients. The upshot of offering packaging solutions, however, remains to protect the aroma, freshness, flavor, and shape of packaged products.

Pet Food Packaging Market

The industry is likely to witness high penetration in the cat food packaging space. The number of cat owners across the globe has considerably risen over the years. This, in turn, has been fueling the demand for effective packaging products, most notably in the wet cat food segment. Despite the dominance of the dog food packaging segment in the overall market, the cat (animal type) segment is expected to witness high growth in North America and Europe over the forecast period.

Rising popularity of super-premium packaging and increasing export of pet food products are some of the key driving factors in the industry. The demand for super-premium packaging is attributable to the focus of pet food brands on product differentiation. Super-premium food is being increasingly preferred by consumers across the globe owing to rising awareness regarding the health of pets.

Bags & pouches is likely to exhibit robust growth over the forecast period. These products are being increasingly preferred for their ease of use and functionality. From a manufacturing and marketing standpoint, these products, specifically stand-up pouches, enhance the appeal of products at retail shelves in comparison with their metal-based counterparts. The production of bags & pouches also helps manufacturers achieve economies of scale.

North America dominated the industry in 2018 with a share of over 37%. This region is forecast to retain its pole position throughout the forecast period. The U.S. was observed to be the largest market for pet food packaging in this region. The presence of various internationally reputed packaging suppliers has further strengthened the North American market.

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

Further key findings from the report suggest:

  • In terms of material, plastic segment is expected to grow at the fastest rate over the forecast period owing to rising popularity of pouches and bags in the pet food industry
  • Cans emerged as the largest type segment in 2018. Cans are predominantly used to package cat food products
  • In terms of animal type, the cat segment is grow at the fastest CAGR of 5.7% over the forecast period. Rising adoption of cats in countries such as Japan is expected to boost the demand for cat food packaging in the foreseeable future
  • North America is expected to retain its pole position in the industry throughout the forecast period. The presence of prominent manufacturers in this region is likely to strengthen the position of the North American pet food packaging market
  • Research & development activities are likely to surface in the industry over the forecast period with prominent market players keen on global expansion
  • The competitive landscape of the industry represents intense rivalry among domestic and international players. Product differentiation is expected to remain one of the key strategies among these players over the forecast period

Grand View Research has segmented the global pet food Packaging market on the basis of material, product, animal type, and application.

Pet Food Packaging Material Outlook (Revenue, USD Million; 2014 - 2025)

  • Paper & Paperboard
  • Plastic
  • Metal
  • Others

Pet Food Packaging Product Outlook (Revenue, USD Million; 2014 - 2025)

  • Cans
  • Bags & Pouches
  • Folding Cartons
  • Plastic Bottles & Jars
  • Others

Pet Food Packaging Animal Type Outlook (Revenue, USD Million; 2014 - 2025)

  • Dog
  • Cat
  • Fish
  • Others

Pet Food Packaging Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Dry Food
  • Wet Food
  • Pet Treats
  • Frozen Food

Pet Food Packaging Regional Outlook (Revenue, USD Million; 2014 - 2025)

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

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Medical Textiles Market Strong Application and Emerging Trends also Scope by 2025: Grand View Research Inc.

 The global medical textiles market is anticipated to reach USD 23.3 billion by 2025, according to a new report conducted by Grand View Research, Inc. Rising awareness for better healthcare practices, ongoing technological advancements, regulatory framework mandating the usage of medical textiles, and rising geriatric population are expected to be the major growth drivers responsible for the growth of global market over the forecast period.

Medical Textiles

Globally, the economies are supporting and providing numerous programs in order to encourage the production and consumption of medical textiles. Growing population rise in the number of elderly population, and the construction of new medical facilities resulting in reduced healthcare costs, and enhanced effectiveness are fueling the growth of global market.

On the basis of fabrics, medical textiles market is segmented into woven, knitted, non-woven, and others. Nonwoven fabrics are cost-effective and known for offering easy disposability when there is a high risk of contagious diseases, which positions it as a dominating segment in the global market. Woven fabrics are usually dimensionally very stable but less extensible and porous than other structures. Knitted fabrics are highly extensible as compared to woven fabrics. With latest innovations in the textile technology, a wide variety of non-woven, knitted, and woven forms of the textile are gradually finding their way into a variety of surgical procedures.

Based on application, market is segmented as implantable goods, non-implantable goods, healthcare & hygiene products, and others. Non-implantable goods segment is the largest and fastest growing application of medical textiles. Worldwide the incidence of injuries is burgeoning fueling the demand for medical textiles in non-implantable goods segment.

Market players are developing advanced corporate strategies while using creative marketing campaigns to fascinate younger adults who will further support the growth of the non-implantable goods in the years to come. The companies offering non-implantable goods are reaping benefits from nationwide distribution with the products not just being limited to pharmacies or chemists, but also being retailed in small independent retailers in suburban neighborhoods.

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

Further key findings from the report suggest:

  • S. medical textiles industry revenue is projected to grow at a rate of 5.3% over the forecast period. The rising concern regarding chronic diseases and aging population has led to increased demand for non-implantable goods in the country, which is driving the market.
  • Germany medical textiles market was valued for USD 1,852.1 million in 2018 and is projected to grow significantly over the forecast period. Germany is a major country in foreign trade of medical textiles. The country stands among top five largest exporter of textiles and clothing globally, recording an export quota of approximately 40% in 2018.
  • China market is anticipated to reach USD 1,547.4 million by 2025. Rising urbanization, favorable demographic trends, increasing burden of diseases, expanding population with rise in income levels promoting greater awareness of and access to treatments are expected to boost the demand for medical textiles in China.

Grand View Research has segmented the global medical textiles market on the basis of fabric, application, and region:

Fabric Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

  • Woven
  • Knitted
  • Non-woven
  • Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

  • Implantable goods
  • Non-implantable goods
  • Healthcare & hygiene products
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

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

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Friday, 11 December 2020

Alcohol Ingredients Market to Witness Tremendous Growth and Expansion by 2025

 The global alcohol ingredients market size is expected to reach USD 2.71 billion by 2025 registering a CAGR of 8.3%, according to a new report by Grand View Research, Inc. Increasing alcohol consumption across the globe has been fueling the product demand. In addition, rapid urbanization along with the increased adoption of western culture in the developing countries including China, India, Indonesia, and Taiwan is expected to boost the demand for alcoholic beverages, which, in turn, will prompt the utility of ingredients including yeast and enzymes.

Alcohol Ingredients

Flavors & salts product segment held the largest market share in 2018 on account of increased demand for flavored drinks. Major alcoholic beverage companies have expanded their product portfolio in this particular segment. Beer held the largest market share of over 40% in 2018. Health benefits offered by beer along with its low alcohol content have made it a popular drink. Craft beers are expected to witness a significant growth in near future due to growing popularity across the globe. Europe was the dominant regional market in 2018.

Prominent economies of this region include, Germany, U.K., Italy, Spain, Romania, and Belgium. High alcohol consumption levels along with the presence of a large number of alcohol producers has increased the product demand in this region. Asia Pacific is anticipated to be the fastest-growing region at a CAGR of 9.6% from 2019 to 2025. China, India, South Korea, Taiwan, Myanmar, and Thailand are the prominent markets in this region. Rising per capita income and growing number of pubs, bars, and clubs have been driving the product demand in these developing countries.

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

Further key findings from the study suggest:

  • Europe held the largest market share in 2018 accounting for more than 35% of the total revenue
  • Spirits application segment is expected to register the fastest growth rate of 9.0% over the forecast period
  • Flavors & salts product segment held the largest share of the global alcohol ingredients market in the past and is projected to expand at the highest CAGR from 2019 to 2025
  • Spirits segment held the largest share in the Asia Pacific market and also accounted for more than 45% of global revenue in 2018
  • Key companies in this market include Treatt PLC; DDW; The Color House; AngelYeast Co., Ltd.; Biospringer; Sensient Technologies; Chr. Hansen A/S; The Archer Daniels Midland Company; Kerry, Inc.; Ashland Global Specialty Chemicals, Inc.; and Döhler

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

Alcohol Ingredients Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Yeast
  • Enzymes
  • Colorants
  • Flavors & Salts
  • Others

Alcohol Ingredients Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Beer
  • Spirits
  • Wine
  • Others

Alcohol Ingredients 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.

Almond Oil Market Industry Size, Driving Demands, And Market Share Of Various Stakeholders

 The global almond oil market size is expected to reach USD 1.6 billion by 2025, according to a new report by Grand View Research, Inc., registering a 12.2% CAGR over the forecast period. Increasing consumer awareness regarding harmful chemicals used in cosmetics and personal care products has propelled demand for organic and natural ingredients in these product categories. Furthermore, almond oil possesses excellent nutritional properties, including being a rich source of vitamin E, unsaturated fatty acids, and phytosterols and as a result, its application in aromatherapy, food and beverages, cosmetics, and personal care segments has increased.

Almond Oil

Sweet oil is the fastest growing product segment owing to its increasing application in cosmetics and personal care products. The segment is expected to register a revenue-based CAGR of 12.3% from 2019 to 2025. Key manufacturers are launching new products in order to cater to the increasing demand from customers. For instance, in November 2018, The Orange Square Company Limited, formally known as Olverum, launched two new products, ‘The Body Oil’ and ‘The Dry Body Oil’, as a part of its essential oil product portfolio.

Asia Pacific is the fastest growing almond oil market and is projected to register a CAGR of 12.8% in terms of revenue from 2019 to 2025. Over the past few years, the region has been witnessing increased investments in marketing campaigns and new product launches in developing countries such as India. For instance in April 2019, Bajaj Corp Ltd launched a new cooling hair oil in India. This product launch is supported by an integrated marketing campaign by the company, which is focusing on celebrity endorsements to increase product visibility as well as penetration in the country. These initiatives are expected to remain key trends over the coming years.

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

Further key findings from the report suggest:

  • In terms of revenue,thesweet oil product segment is projected to register a CAGR of 12.3% from 2019 to 2025owing to its increasing application in cosmetics and personal care products
  • On the basis of application, the personal care and cosmetics segment is expected to generate a revenue of more than USD 950.0 million by the end of 2025. Growing focus on natural and chemical-free ingredients in these product categories will drive segment growth
  • Asia Pacific is estimated to emerge as the fastest growing regional market over the forecast period, fueled by ongoing marketing and promotional strategies by key manufacturers  
  • Key players include Caloy, Inc.; Blue Diamond Growers; Jiangxi Baicao Pharmaceutical Co., Ltd; Bajaj Corp Ltd; Dabur India Ltd; Frontier Natural Products Co-op; Eden Botanicals; Ashwin Fine Chemicals & Pharmaceuticals; Proteco Oils; and Indian Natural Oils.

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

Almond Oil Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • Sweet
  • Bitter

Almond Oil Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • Personal Care and Cosmetics
  • Pharmaceuticals
  • Food Industry

Almond Oil Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

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

About Grand View Research

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

Thursday, 10 December 2020

Anti Aging Products Market Hit at a CAGR of 5.2% in terms of revenues from 2019 to 2025

 The global anti aging products market size is expected to reach USD 51.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% over the forecast period. Rising consumer awareness regarding personal grooming and increasing concerns over the adverse effects associated with aging are expected to have a positive impact on the market growth.

Anti Aging Product

Furthermore, growing awareness regarding the hazardous effects associated with the chemically processed anti-aging products is expected to promote the use of natural products. As of 2016, 57% of the U.S. women claimed to prefer natural skin care products for their daily usage. Therefore, consumers are increasingly preferring natural cosmetic oils and serums due to their ability to penetrate the skin easily.

The hair care segment is expected to be the fastest growing segment, expanding at a CAGR of 6.0% from 2019 to 2027. Aging is related to the loss of volume, hair thinning, and dryness. Therefore, rising importance of moisturizers, shampoo, and hair oils to cover grey hair, improve softness of hair, and increase shining features is expected to remain a favorable factor. Furthermore, growing application of hair care among men in order to maintain hair growth for a longer time is expected to be a key trend in the near future.

Supermarkets and hypermarkets was the largest segment, accounting for over 50.0% share of the global revenue in 2018. Availability of a wide range of products in a same selling window is a major factor driving the consumers to purchase from supermarkets. It has been observed that majority of the consumers prefer this distribution channel due to the availability of products. The online category is expected to be the fastest growing category as consumer preferences are shifting towards e-commerce portals due to the convenience of doorstep delivery services.

North America accounted for more than 35.0% share of the global revenue in 2018. High consumer spending on maintaining personal appearance is contributing to the market growth. To prevent the sign of aging, one-third of the U.S. adults use anti-aging products on a daily basis. Asia Pacific is expected to be the fastest growing region from 2019 to 2025. Growing disposable income and rising consumer awareness regarding the usage of anti-aging skin care in emerging economies including China and India are driving the market.

Key industry participants include Estée Lauder Inc.; Bioderma; Procter & Gamble; PhotoMedex, Inc.; Beiersdorf Limited; Lumenis; Clarin’s; Kiehls’s; pmdbeauty.com & Age Sciences Inc.; Cellex-C International Inc.; and The Boots Company PLC. Product innovation is expected to remain a critical success factor in the near future.

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

Further key findings from the report suggest:

  • The hair care segment is projected to ascend at a CAGR of 6.0% from 2019 to 2025
  • Supermarkets and hypermarkets dominated the industry with an overall share of above 50.0% in 2018
  • North America dominated the industry, accounting for above 35.0% share of the global revenue in 2018.

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

Anti Aging Products Outlook (Revenue, USD Billion, 2015 - 2025)

  • Skin Care
  • Hair Care

Anti Aging Products Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online

Anti Aging Products Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

About Grand View Research

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

Margarine Market is Expected to Enhance USD 4.32 Billion Revenue By 2027: Grand View Research Inc.

 Margarine Market Growth & Trends

The global margarine market size is expected to reach USD 4.32 billion by 2027, expanding at a CAGR of 2.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing number of health conscious consumers is expected to drive the demand for the product as it contains low fat, low calorie, and low cholesterol. Furthermore,the consumption pattern will shift towards healthier and heart-friendly alternatives in the near future due to growing aging population.

Increasing application of the product in the bakery and confectionary industry is a key factor fueling the market growth. Margarine has gained significant popularity as an affordable, healthier, and sustainable ingredient among numerous food manufacturers. As a result, in terms of application, the commercial segment dominated the market in 2019.

In terms of product, hard margarine led the market with over 50% share of the total revenue in 2019. It is the most used form of the product in the food industry. Rising acceptance of packaged cookies and biscuits has widened the opportunity for hard margarine over the world. Liquid margarine is expected to witness the fastest growth over the forecast period owing to its lower fat content.

Key competitors in the industry include Unilever; Bunge Limited; NMGK Group; Conagra Brands, Inc.; Wilmar International Ltd.; BRF; Yildiz Holding; Cargill, Incorporated; Uni-President; Upfield; China Mengniu Dairy Company Limited; and Namchow. Merger & acquisition and new product launch are the key strategies adopted by the margarine manufacturers. For instance, in July 2018, Kohlberg Kravis Roberts & Co. L.P. (KKR) completed its acquisition of Unilever’s Spreads business. KKR acquired the business for USD 8.04 billion and it includes Unilever’s Country Crock, Becel, Flora, and Blue Band brands. This acquisition helped to reshape and enhance the product portfolio of the Spreads business.

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

Margarine Market Report Highlights

  • In terms of product, the hard segment dominated the market in 2019 with over 50% share of the global revenue owing to extensive application scope of the product in the bakery and confectionary industry
  • The household application segment is expected to expand at the fastest CAGR of 2.8% from 2020 to 2027. This growth is attributed to increasing importance of healthy spreads during breakfast and dinner among the millennials
  • Asia Pacific is expected to exhibit the fastest CAGR of 3.2% from 2020 to 2027 owing to growing demand for the product in countries, such as China and India
  • Major players in the margarine market include Unilever; Bunge Limited; NMGK Group; Conagra Brands, Inc.; Wilmar International Ltd.; BRF; Yildiz Holding; Cargill, Incorporated; Uni-President; and Upfield.

Margarine Market Segmentation

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

Margarine Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Hard
  • Soft
  • Liquid

Margarine Application Outlook (Revenue, USD Million, 2016 - 2027)

  • Commercial
  • Household

Margarine Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

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.

Online Clothing Rental Market is Anticipated To Incur The Fastest Growth with a CAGR of 9.4% by 2025

 The global online clothing rental market size is expected to reach USD 2.09 billion by 2025 and is anticipated to register a CAGR of 9.4% during the forecasted period, according to a new report by Grand View Research, Inc. Changing fashion trends and rising penetration of internet are among the key factors driving the growth.

Women segment leads the market and is expected to expand at a CAGR of more than 9.8% over the forecast period. The trend of not using the same clothes for a long time and creating unique personal style or fashion statement are among the prominent factors driving the grow. Apart from women, the kids segment is also anticipated to witness significant growth in the upcoming years. Rising preference for renting children’s clothes, is expected to positively impact the overall growth.

Online Clothing Rental

Renting traditional clothes is found to be the fastest growing segment on the basis of dress code. Younger consumers prefer renting traditional clothes as these cloths are used only on rare occasions. Apart from traditional clothes, the formal segment is also witnessing a significant growth. It is hard to purchase and maintain a variety of formal clothes for the young as well as price-conscious consumers, thus, they prefer renting the clothes.

North America is the leading market for the industry and accounts for nearly 40% of the market share. Europe is the second largest market for online clothing rental. Europe is known for its fashion trends, hence, young consumers want to keep themselves updated with the latest fashion. Thus, they prefer renting instead of buying impacting the overall growth.

Asia Pacific is found to be the fastest growing region due to developing nations such as India and china which accounts for more than 34% of the global population. The increasing awareness about the service, and internet penetration are among the prominent factors for the growth of the industry in the region.

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

Further key finding from the report suggests:

  • In terms of revenue, thewomen segment is projected to ascend at a CAGR of 9.8% over the forecast years
  • Traditional renting is expected to expand at a CAGR of more than 11.2% during the forecast period
  • North America leads with market share of more than 40% and is projected to expand at a significant CAGR in near future
  • Some of the key players operating in the online clothing rental market are The Clothing Rental, Flyrobe.com, Rent the Runway, Secoo Holding Limited, Share Wardrobe, Le Tote, Swapdom, Gwynnie Bee, Dress Hire, and StyleLend.

Grand View Research has segmented the global online clothing rental market on the basis of end use, dress code, and region:

Online Clothing Rental End Use Outlook (Revenue, USD Billion, 2015 - 2025)

  • Men
  • Women
  • Others

Online Clothing Rental Dress Code Outlook (Revenue, USD Billion, 2015 - 2025)

  • Formal
  • Casual
  • Traditional

Online Clothing Rental Regional Outlook (Revenue, USD Billion, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • CSA
  • 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.

Bamboo Toothbrush Market Forecasted to Grow at Steady Pace During 2020-2027: Grand View Research Inc.

 Bamboo Toothbrush Market Growth & Trends

The global bamboo toothbrush market size is expected to reach USD 48.3 million by 2027, registering a CAGR of 9.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising awareness toward the health and hygiene along with plastic pollution across the globe are the key factors for the market growth. Moreover, increasing side effects of plastic brushes and bristles has propelled the adoption of bamboo toothbrush among customers across the global market.

Bamboo Toothbrush

Since past few years, the governments of various countries around the world including Germany, Japan, Thailand, and South Africa have introduced anti-plastic policies along with several stringent regulations for plastic products and are successfully recycling plastics. According to a report ‘Single-use Plastics: A Roadmap for Sustainability’ published by the United Nations (UN), in 2018, countries such as Germany, Finland, Austria, Spain, Sweden, Canada, Australia, Thailand have the most successful stringent policies for the plastic products.

The governments of various countries are promoting the eco-friendly alternatives for plastic goods, which are anticipated to boost the demand for bamboo toothbrush across the globe. Plastic toothbrushes directly go to landfills and only a small part is recycled, which creates a huge plastic pollution. These factors are anticipated to boost the product demand over the forecast period.

North America was the largest bamboo toothbrush market, accounting for a revenue share of over 40.0% in 2019 owing to increasing adoption of biodegradable and eco-friendly dental care products. Major manufacturers such as Colgate-Palmolive Company, The Humble Co., Bamboo Brush Co., Brush with Bamboo, and Environmental Toothbrush are launching new products to gain maximum penetration across the globe.

Europe is one of the prominent markets, where manufacturers are launching new products to cater to the increasing demand from the customers. For instance, in October 2019, Colgate-Palmolive Company launched bamboo toothbrush in order to curb the increasing plastic pollution around the globe. These products are made of 100% bamboo, which are grown sustainably. The handle of the toothbrush is coated with beeswax to improve the durability and minimize water absorption.

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

Bamboo Toothbrush Market Report Highlights

  • The adult segment dominated the bamboo toothbrush market with a revenue share of over 75% in 2019, owing to increased spending on natural and eco-friendly dental care products among working class professionals globally
  • The online segment is projected to foresee the fastest growth, expanding at a CAGR of 9.8% from 2020 to 2027. Customers are now adopting e-commerce owing to availability of wide range of products with special pricing and great discounts
  • Asia Pacific is projected to remain one of the key lucrative markets, witnessing a CAGR of 10.1% from 2020 to 2027 on account of increasing number of new players with wide range of innovative products in key markets including China and India
  • Key players include Colgate-Palmolive Company, The Humble Co., Ecolife Innovations LLC, Brush with Bamboo, The Bamboo Brush Society, Bamboo Brush Co., Mother’s Vault, Yangzhou E.S. Toothbrush Co., Ltd, Environmental Toothbrush, and Bamboo Toothbrush Bam&Boo. 

Bamboo Toothbrush Market Segmentation

Grand View Research has segmented the global bamboo toothbrush market on the basis of end use, distribution channel, and region:

Bamboo Toothbrush End-use Outlook (Revenue, USD Thousand, 2016 - 2027)

  • Adults
  • Kids

Bamboo Toothbrush Distribution Channel Outlook (Revenue, USD Thousand, 2016 - 2027)

  • Offline
  • Online

Bamboo Toothbrush Regional Outlook (Revenue, USD Thousand, 2016 - 2027)

  • North America
    • US.
  • Europe
    • UK.
    • Sweden
    • Netherlands
  • Asia Pacific
    • China
    • India
  • Central & South America
  • 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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...