Thursday, 17 December 2020

Coconut Milk Powder Market Insights Business Opportunities, Current Trends And Forecast 2027: Grand View Research Inc.

 Coconut Milk Powder Market Growth & Trends

The global coconut milk powder market size is expected to reach USD 113.0 million by 2027 registering a CAGR of 10.1%, according to a new report by Grand View Research, Inc. Rising demand for vegan milk products across the globe, due to increasing concerns related to lactose intolerance, is expected to play a key role in the market growth. Furthermore, increasing demand for food items with higher shelf-life is projected to boost the consumption of coconut milk powder.

The demand for plant-based milk powders is expected to grow due to rapid adoption of veganism owing the numerous health benefits associated with it. Furthermore, people have become more conscious about reducing carbon footprint and thus, are opting for plant-based products.

In addition, increasing cases of allergy and intolerance pertaining to dairy products and its derivatives are likely to fuel the demand for plant-based milk powders. Further, according to a meta-analysis on “Country, Regional, And Global Estimates for Lactose Malabsorption in Adults” published in 2017 in U.S., 36% of the citizens were suffering from lactose intolerance.

Request a free sample copy or view report summary: Coconut Milk Powder Market Report

Coconut Milk Powder Market Report Highlights

  • Conventional coconut milk powder accounted for the largest market share of more than 70% in 2019
  • Organic product segment is expected to register the fastest CAGR during forecast years on account of increasing awareness regarding the benefits of consuming organic foods
  • B2C application is expected to register the fastest growth during forecast years due to shifting inclination toward authentic cuisines
  • Online distribution channel is expected to register the fastest CAGR of 11.1% from 2020 to 2027. This growth is attributed to the rising popularity of such channels as they offer various add-on benefits including cash-on delivery, coupon points, and cashback offers

Coconut Milk Powder Market Segmentation

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

Coconut Milk Powder Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Conventional
  • Organic

Coconut Milk Powder Application Outlook (Revenue, USD Million, 2016 - 2027)

  • B2B
  • B2C

Coconut Milk Powder Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)

  • Online
  • Offline

Coconut Milk Powder Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • India
    • Australia
    • Indonesia
  • Central & South America
    • Brazil
  • Middle East & Africa (MEA)

List of Key Players of Coconut Milk Powder Market

  • Nestlé Inc.
  • Anthony’s Goods
  • BareOrganics
  • Bramble Berry Inc.
  • Ben Kim Natural Health Solutions
  • Enerhealth
  • Grace Foods Canada Inc.
  • HEALTHWORKS
  • King Arthur Flour Company, Inc.
  • KOS

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.

Facial Hair Care Wipes Market to Reap Excessive Revenues By 2027

 Facial Hair Care Wipes Market Growth & Trends

The global facial hair care wipes market size is expected to reach USD 4,072.3 Thousand by 2027, expanding at a CAGR of 8.5% from 2020 to 2027, according to a new report by Grand View Research, Inc. Facial hair care wipes have been gaining an increasing traction among the male consumers on account of their changing lifestyle and perception towards beard styling and maintenance as a fashion statement.

The wellness and grooming industry for men has been on the rise and contributing significantly to the growth of the market over the past few years. Surge in disposable income, fashion and celebrity endorsement, and adoption of western culture are expected to drive the market. Furthermore, elevated standard of living and rapid urbanization are contributing to the growth of the male personal care industry.

According to a study conducted by Assocham, one of the trade associations in India, men who fall in the age group of 18 to 25 spend more money on grooming and personal care products, such as beard care products, than women in India. Nowadays, men are becoming more conscious about their looks and they want to look better and physically attractive to draw attention in the society.

Furthermore, men working in the rigorous environment need to have daily care for their facial hair. A research conducted by Switzerland’s Hirslanden Clinic stated that men with beard carry more germs and bacteria in their beard than dogs carry in their fur. Taking this into consideration, facial hair care wipes are formulated using combination of essential oils, such as jojoba, argan, and coconut oil, along with anti-bacterial solution, which will keep the beard dirt and bacteria free.

The online distribution channel held the largest market share in 2019. Rising popularity of online shopping and surge in the number of internet and smartphone users are the major factors boosting the segment growth. Moreover, the online retail platform offers cashback and doorstep delivery services, thus drive the sale of facial hair wipes through online channel in the forecast period.

There has been a shift in men’s perception towards grooming and taking care of themselves. Increasing penetration of social media and rise of influencer marketing lead to an increase in the sale of male grooming products, including facial hair wipes. Offline distribution platforms such as convenient stores, departmental stores, and salons contribute to the sales of facial hair care wipes.

Request a free sample copy or view report summary: Facial Hair Care Wipes Market Report

Facial Hair Care Wipes Market Report Highlights

  • Rising popularity of online retail platforms due to various advantages, such as cashback offers, discount on branded products, and direct to the end user sale, will fuel demand for facial hair care wipes
  • Increasing demand for the organic and bio-based products will further boost the market growth
  • Asia Pacific is estimated to emerge as the fastest growing regional market in the forecast period on account of a large population base and increasing penetration of smartphone and e-commerce services amongst the youth.

Facial Hair Care Wipes Market Segmentation

Grand View Research has segmented the global facial hair care wipes market on the basis of distribution channel and region:

Facial Hair Care Wipes Distribution Channel Outlook (Revenue, USD Thousand, 2016 - 2027)

  • Online Channel
  • Offline Channel

Facial Hair Care Wipes Regional Outlook (Revenue, USD Thousand, 2016 - 2027)

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

List of Key Players of Facial Hair Care Wipe Market

  • Zeke’s
  • The Original Beard Wipes
  • Depot Men No. 504
  • KleenOWipe
  • Beardilizer

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.

Wednesday, 16 December 2020

Crawler Camera System Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 Crawler Camera System Market Growth & Trends

The global crawler camera system market size is anticipated to reach USD 309.2 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.3% over the forecast period. Increasing demand for technology to perform video inspections of large municipal and commercial sewer main lines and service lines is likely to escalate the growth of market in coming years.

Crawler camera system is compact and portable and can be remotely controlled. The operator remains in mobile control station above ground while camera crawls into pipeline or into canal as directed by operator. With technological advancement in video and recording, inspecting drainage or pipelines with crawler camera has become easier and more accessible. It provides the convenience desired by end users by offering real-time footage of drainage or pipelines.

This system helps to identify the blockages and drainage issues, which can potentially cause extensive damage if they are not repaired in a timely manner. They are beneficial for municipal, industrial, residential, and commercial end users to analyze the pipelines, drainage or other area and take preventive measures in order to avoid any damage. Such factors are likely to drive demand for these systems over the forecast period.

Inspection conducted through crawler camera system is relatively quick and the tubes remain intact throughout the process, making it a non-destructive testing method. As this system is compact, portable, and controlled remotely, the required manpower is reduced, making it an economical inspection process. It is likely to fuel the growth of market in coming years.

The pipeline inspection application segment is expected to be at the forefront by accounting for more than 2/5th share of the overall revenue over the forecast period. Crawler camera is a compact, portable, and convenient system to inspect pipes to look for areas of concern and mark out problem areas. Many end users use this system to maintain proper function of pipeline and avoid blockage, deterioration, and structure collapse, which always pose potential risk. Thus, crawler camera is a suitable option for remotely surveying pipe lines and taking preventive measures in case of any area of concern.

North America will continue to enjoy its leading position in the market during the forecast period. Continuous expansion of industrial and municipal area, along with growing need for periodic inspection of pipe and drainage lines to ensure environmental protection, is likely to drive demand for crawler cameras. Increasing number of pipeline accidents in the region and growing concerns to avoid such damages with periodic inspection are expected to ensure positive outlook for the regional market in coming years.

As per the incident reported by the Pipeline and Hazardous Materials Safety Administration (PHMSA) and the National Transportation Safety Board (NTSB), in November 2019, a newly installed gas pipeline exploded and burned in Pepper Pike, Ohio, U.S. As per the preliminary investigation undergone by the Public Utilities Commission of Ohio, U.S., the welding failure caused the rupture, which led to the explosion.

Request a free sample copy or view report summary: Crawler Camera System Market Report

Crawler Camera System Market Report Highlights

  • By application, pipeline inspection is projected to expand at the fastest CAGR over the forecast period owing to growing area of concern in large pipelines, such as contamination from toxic gasses or hazardous waste, which possibly leads to hazardous accidents
  • The municipal end-user segment is projected to witness the fastest growth over the forecast period due to increasing usage of crawler camera in municipal sewer lines to maintain its proper function with periodic cleaning schedule.

Crawler Camera System Market Segmentation

Grand View Research has segmented the global crawler camera system market on the basis of application, end user, and region:

Crawler Camera System Application Outlook (Revenue, USD Million, 2016 - 2027)

  • Drain Inspection
  • Pipeline Inspection
  • Tank, Void, and Conduit/Cavity Inspection

Crawler Camera System End-user Outlook (Revenue, USD Million, 2016 - 2027)

  • Industrial
  • Commercial
  • Municipal
  • Residential

Crawler Camera System Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Crawler Camera System Market

  • Deep Trekker Inc.
  • AM Industrial (UK) Ltd.
  • iPEK International GmbH
  • CUES Inc.
  • Eddyfi Technologies
  • Kummert GmbH
  • Mini-Cam Ltd.
  • Rausch Electronics USA, LLC
  • Inspector Systems Rainer Hitzel GmbH
  • Subsite Electronics

About Grand View Research

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

Tuesday, 15 December 2020

Food Container Market Top Companies, Trends and Growth Factors Details for Business Development

 The global food container market size is expected to reach USD 346.99 billion by 2025, according to a new report by Grand View Research, Inc. Technological advancement in terms of new packaging materials capable of ensuring cold storage and enhancing shelf life to the finished food products is expected to have a positive impact.

Food Container

The rising importance of bio-plastics packaging in the food & beverage industry as a result of stringent regulations aimed at recycling in the manufacturing sector is projected to expand industry size over the next nine years. Furthermore, the buyers are expected to prefer flexible convenience packaging material over metal and glass counterparts owing to former’ light weight.

Flexible packaging is expected to witness growth at a CAGR of 4.6% from 2016 to 2025. The growing importance of stand up pouch bags as packaging products in the food & beverage industry on account of being contaminant free and certified as safe by the FDA (Food and Drug Administration) is projected to increase industry demand in the near future.

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

Further key findings from the report suggest:

  • Paperboard products accounted for 19.8% of global revenue share in 2015. The excellent recycling ability of paperboard as compared to its plastics and glass counterparts is expected to remain a key influencing factor for industry in the near future.
  • Bakery goods are projected to account for 22.0% of total market sales by the end of 2025. Positive outlook towards baked goods industry of China and India owing to new product launches including frozen paratha and stuffed garlic bread is expected to increase the packaging scope over the next nine years.
  • Europe dominated the market, accounting for 33.5% of global revenue in 2015. The robust presence of manufacturing facilities of dairy goods and bakery products in Western European countries including Germany and the UK on account of easy access to technological expertise and equipment services is expected to remain a favorable factor.
  • Key industry players include Ball Corporation, Owens-Illinois Group, Silgan, Ardagh, Bemis, Caraustar Industries, Berry Plastics, and Graham Packaging. The establishment of strategic partnerships with buyers and product innovation for the development of tailored solutions are expected to remain major critical success factors in the future.
  • Over the past few years, the global food container market has been witnessing merger and acquisitions by some of the manufacturers. For an instance, Caraustar Industries, Inc. acquired The Newark Group, Inc. in February 2015 with financial assistance from Jefferies LLC, Wells Fargo Capital Finance Credit Suisse Securities (USA) LLC, and Regions Business Capital.

Grand View Research has segmented the global food container market by product, application, and region:

Food Container Product Outlook (Revenue, USD Million, 2014-2025)

  • Flexible Packaging
  • Paperboard
  • Rigid Packaging
  • Metal
  • Glass

Food Container Application Outlook (Revenue, USD Million, 2014-2025)

  • Grain Mill Products
  • Dairy Goods
  • Fruits & Vegetables
  • Bakery Products
  • Meat Processed Products
  • Others

Food Container Regional Outlook (Revenue, USD Million, 2014-2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • 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.

Savory Ingredients Market Pegged For Strong Growth During The Forecast Period: Grand View Research Inc.

 The global savory ingredients market is expected to reach USD 12.75 billion by 2024, according to a new report by Grand View Research, Inc. Savory ingredients are widely used as seasoning and flavoring agents in the food industry.

Growing disposable income has increased the consumption of time-saving food product, which is projected to boost the market growth over the coming years. The growing usage of savory ingredients in the food service industry is also expected to propel market growth.

Savory Ingredients

Savory ingredients are used in the animal feed & pet food industry to enhance food flavors. The growing demand for packaged pet food in Asia Pacific is anticipated to drive market demand over the coming years.

Companies such as DSM, Kerry Group, Givaudan, Diana, and Lesaffre have adopted acquisition strategies to enhance their product offerings and regional presence. This approach has helped companies acquire distribution centers and diversify their offerings across many end-use application markets.

Access Research Report of Savory Ingredients Market @ https://www.grandviewresearch.com/industry-analysis/savory-ingredients-market

Further key findings from the report suggest:

  • The global savory ingredients market demand was 3,929.6 kilo tons in 2015 and is expected to reach 6,195.4 kilo tons by 2024, growing at a CAGR of 5.2% from 2016 to 2024
  • Monosodium glutamate (MSG) was the leading product segment and accounted for over 80% of global demand in 2015. The use of Monosodium glutamate is extensively in the manufacture of processed food such as soups, meat, snacks, and other ready-to-go meals.
  • Hydrolyzed animal proteins (HAP) has gained wide acceptance in the animal feed and pet food industry
  • Food was the leading application segment and accounted for over 65% of total market volume in 2015. The segment is also expected to witness the highest growth of 5.4% over the forecast period on account of increasing savory ingredient demand in the convenience food and food service industry.
  • Major companies identified in the market include Ajinomoto Co., Inc., Angel Yeast Co., Ltd., Vedan International Holdings Ltd., DIANA Group, and Givaudan S.A. among others. Growing investment in new product development and R&D is expected to propel the market demand over the coming years.
  • Companies such as Sensient Technologies, Givaudan, DSM, Ajinomoto have invested in expanding production capabilities to cater to increasing market demand. HACCP, KOSHER, HALAL, ISO certifications help companies gain a competitive edge in the market.

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

Global Savory Ingredients Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

  • Yeast extracts
  • Hydrolyzed vegetable proteins (HVP)
  • Hydrolyzed animal proteins (HAP)
  • Monosodium glutamate (MSG)
  • Nucleotides
  • Others

Global Savory Ingredients Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

  • Food
  • Pet food
  • Others

Global Savory Ingredients Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • UK
    • France
  • 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.

Stone Paper Market is Likely To Touch USD 22.88 Billion by 2024: Grand View Research Inc.

 The global stone paper industry is expected to reach USD 22.88 billion by 2024 owing to the rising demand from key application segments, such as packaging, labeling, and self-adhesive paper. The growing application scope of the product in the aforementioned segments is attributed to the minimal environmental impacts, with regards to usage of water and energy, carbon emissions, and deforestation.

Stone Paper

Packaging is the major application segment for the product, globally. The other key applications include labeling and self-adhesive paper. With the rapid growth in industries such as packaging, education, corporate and government firms, among others, there has been a considerable increase in demand for labeling and self-adhesive paper for labeling applications. These applications are integral to aesthetics enhancement, archiving, documentation, and several other processes in the aforementioned end-user segments.

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

Further key findings from the report suggest

  • Globally, packaging and self-adhesive paper segments are expected to witness significant growth during the forecast period, growing at CAGRs of over 4% during the forecast period; this rapid growth can be attributed to rapidly growing demand for eco-friendly packaging and labeling solutions for various products, driven by rising consumer awareness regarding deforestation and use of plastics, globally.
  • Asia Pacific dominated the industry in 2015 with an estimated revenue of over USD 7 billion; this regional market is projected to grow significantly over the coming years owing to growing middle-class population, increasing disposably incomes, and rising consumer awareness regarding the negative impacts of pulp-based paper manufacture and the use of plastics.
  • In the Asia Pacific region, the packaging segment is expected to grow at a CAGR of over 5% in terms of volume. Rising consumer awareness regarding the benefits of the product over its counterparts coupled with low environmental impact is expected to drive demand over the forecast period.
  • The regional market is dominated by China; the market is expected to witness volume growth at a CAGR of over 5% during the forecast period. China was one of the largest producer and consumer of the product in 2015. This trend is expected to continue over the forecast period owing to robust industrial policies as well as developing end-use markets.
  • Key participants in the industry include Stone Paper Company Ltd., Soluz, KapStone, Parax Paper, and Taiwan Lung Meng Technology Co. Ltd., among others. In recent years, new product developments have been the major growth strategy adopted by key players for strengthening their positions in the global market.

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

Application Outlook (Volume, Kilo tons; Revenue, USD Million; 2013 - 2024)

  • Paper packaging
  • Labeling paper
  • Self-adhesive paper
  • Others

Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 - 2024)

  • North America
    • US.
    • Rest of North America
  • Europe
    • UK
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Rest of 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.

Food Glazing Agents Market Precise Analysis on Business Overview, Product Scope And Ongoing Development by 2024

 The global food glazing agents market is expected to reach USD 5.24 billion by 2024, according to a new report by Grand View Research, Inc. The increasing consumption of the processed and convenience items is expected to drive the industry in the near future. Food items with perfect colorful texture and attractive appearance are also expected to fuel industry growth over the forecast period. 

Food Glazing Agents Market

Manufacturers have been providing customized glazing agents in accordance with the client requirements in stipulated time frames. This has been possible in the business on account of the technological advancement coupled with the development of enhanced ingredients. 

Technological developments in the processing of these agents have therefore established as an important factor in changing the business process. Carnauba wax was the leading product segment and accounted for 23.2% of total market revenue in 2015. It is used for preparing glazing agents in confectionary and bakery application areas. It is also expected to witness the highest growth of 8.9% from 2016 to 2024.  

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

Further key findings from the report suggest:

  • Coating agent was the leading function and accounted for over 35% of total market revenue in 2015. Surface finishing agent is expected to witness the highest growth of 8.6% over the forecast period. The shift in consumer focus towards attractive designs, texture, quality and overall appearance is expected to drive this segment over the forecast period.
  • Confectionary was the leading application segment and accounted for over 30% of total market revenue in 2015. Glazing agents in confectionary are used for sugar items such as chocolates, dragees, candies and jellies to enhance their appearance. Functional foods are expected to witness the highest growth of 8.7% over the forecast period.
  • Europe was the leading regional market and accounted for 31% of global revenue in 2015. Asia Pacific is expected to develop at a faster pace in near future. This is on account of changing consumption behavior in emerging economies including China and India. The shift towards healthier & organic diets coupled with increasing disposable incomes is anticipated to impact the regional market.
  • The industry is dominated by multinationals while a significant number of medium level participants are also present globally. Some of the companies operating in the market include Zeelandia, Avatar Corporation, ADM, Kerry Group, Wuhu Deli Foods Co. Ltd, Stoever Schellack Bremen (SSB) and Ningbo J&S Botanics Inc.

Grand View Research has segmented the food glazing agents market on the basis of ingredient, function, application and region:

Global Food Glazing Agents Ingredient Outlook (Revenue, USD Million, 2014 - 2024)

  • Stearic Acid
  • Beeswax
  • Carnauba Wax
  • Candelilla Wax
  • Shellac
  • Paraffin Wax
  • Other

Global Food Glazing Agents Function Outlook (Revenue, USD Million, 2014 - 2024)

  • Coating Agent
  • Surface-Finishing Agent
  • Firming Agent
  • Film Former
  • Other

Global Food Glazing Agents Application Outlook (Revenue, USD Million, 2014 - 2024)

  • Bakery
  • Confectionery
  • Processed Meat, Poultry & Fish
  • Fruits & Vegetables
  • Functional Food
  • Other

Global Food Glazing Agents Regional Outlook (Revenue, USD Million, 2014 - 2024)

  • 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.

Conductive Ink Market To Reap Over USD 4.37 Billion In Revenues By End Of 2024

 The global conductive ink market is expected to reach USD 4.37 billion by 2024, according to a new report by Grand View Research, Inc. Robust demand for miniaturization coupled with efficiency in the electronics industry is expected to fuel the global conductive ink market over the forecast period. These inks are also likely to replace bulky energy consuming wire and circuits in the future. Conductive inks are smaller in size and provide better durability & efficiency as compared to traditional wire circuits.

Conductive Ink Market

Factors such as lack of product education, advertisements and information sharing on the part of the manufacturers are expected to critically impact the total market over the forecast period. Researchers and renowned brand owners are trying to overcome these difficulties through the help of media, which is anticipated to create new avenues for industry participants.

In recent years, silver conductive inks have been widely used for various applications owing to its excellent printability and conductivity. However, high prices coupled with scarce availability have forced the manufacturers to introduce its alternatives, which are relatively less expensive, and exhibits same qualities as silver. Copper-based & graphene-based conductive inks are less costly and free from aggregation & oxidation problems.

Moreover, recent advances are being made by manufacturers to introduce newer formulations containing minimal silver formulations. ABLESTIK ECIV-1001, primarily used in automobile application, is a traditional conductive silver ink which is inexpensive and has less silver content.

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

Further key findings from the report suggest:

  • Conductive ink usage in display technology is presumed to grow at an estimated CAGR of 4.1% over the next eight years. This technology is widely used in smart phone innovations and other electronic devices. The increased levels of resolutions coupled with better picture density have resulted in the growth of conductive inks. Silver inks are being widely used in flexible circuitry display devices.
  • Asia Pacific emerged as the most dominant regional market and accounted for over70% of total market revenue in 2015. The regional growth can be attributed to the continuous expansion of consumer electronics, printed electronics, and photovoltaic application segment.
  • The global conductive ink market is consolidated in nature as a handful number of industry participants holding a major share of the overall market. Industry participants include Polyink, Novacentix, Creative Material, Inc., Sun Chemical Corporation, Voxel 8, and Johnson Matthey Color Technology.

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

Global Conductive Ink Product Outlook (USD Million, 2014 - 2024)

  • Conductive silver ink
  • Conductive copper ink
  • Conductive Nanotube ink
  • Di electric ink
  • Carbon/graphene ink
  • Conductive polymer
  • Others

Global Conductive Ink Application Outlook (USD Million, 2014 - 2024)

  • Photovoltaic
  • Membrane switches
  • Displays
  • Smart packaging
  • Printed circuit boards
  • Biosensors
  • Automotives
  • Others

Global Conductive Ink Regional Outlook (USD Million, 2014 - 2024)

  • 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.

Cannabis Beverages Market Set to Witness an Uptick during 2019 to 2025: Grand View Research Inc.

 Cannabis Beverages Market Growth & Trends

The global cannabis beverages market size is expected to reach USD 2.8 billion by 2025, expanding at a CAGR of 17.8% during 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 several small and medium scale companies. The majority of the companies are based in Canada, owing to the legalization of marijuana for medical and recreational purposes in the country. The rise in legalization of marijuana in order to eradicate the black market and to boost the tax revenue from legal sales of marijuana products is anticipated to positively influence the growth.

The rising popularity of wellness drinks is also expected to support the demand over the forecast period. The legalization of cannabis for medical and recreational purposes has had a strong impact on the sales of alcoholic drinks. As a result, many alcohol manufacturers are investing in the growing trend of marijuana-infused drinks. For instance, Lagunitas, Heineken's fast-growing California beer label, launched Hi-Fi Hops, which is a cannabis-based beverage with zero calories or carbs and is infused with Cannabidiol (CBD) and Tetrahydrocannabinol (THC). In 2017, Constellation Brands, the third-largest beer manufacturer in the U.S., entered into a partnership with Canopy Growth - the world’s largest marijuana grower, to develop cannabis-infused beverages.

Consumers are shifting their preference from soft drinks to wellness drinks leading to the increasing sale of cannabis beverages. Low sugar content in drinks is the major driving factor for the growth of the market. Also, consumers prefer these beverages as an alternative to cannabis smoking and consumption of marijuana-infused chocolates, cookies, brownies, and confectionaries like gummies and candies. Off-trade sales channels such as hotels, cafes, restaurants, clubs, and lounges are expected to boost the popularity of the product among consumers.

Strong demand for cannabis beverages from millennials is also anticipated to drive the market growth. As per a 2017 Yahoo News poll, majority of the 55 million recreational marijuana users in the U.S. were millennials. Most millennials consume marijuana socially and only 25% of them consume it alone. A 10-year study by researchers at the University of Connecticut and Georgia State University, completed in 2017, found that in U.S. counties where marijuana was legalized, wine and beer purchases decreased by 15%.

North America is estimated to be the fastest and largest market over the forecast period. The growth is majorly driven by the legalization of marijuana for medical and recreational purposes. As per the National Conference of State Legislatures, a total of 33 states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands have approved publicly available medical cannabis programs, resulting in the increased launch of several cannabis drinks. Also, 13 states in the U.S. allow the use of low THC and high CBD products for medical purposes, resulting in high demand for CBD infused cannabis drinks in the region.

Europe is estimated to witness strong growth over the forecast period, owing to a rise in cannabis consumers in the region. 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. Also, the companies operating in the region are launching products to keep up with the growing trend of wellness drinks. For instance, Manchester-based CBD Ultra and Cloud 9 Brewing have launched U.K.’s first CBD Session IPA beer brewed with Cannabis Sativa extract.

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Cannabis Beverages Market Report Highlights

  • By type, the non-alcoholic segment was the largest and fastest-growing segment in 2018 and is expected to continue leading the market over the forecasted period, majorly driven by rising product demand from newcomers and female consumers
  • CBC infused cannabis beverages is estimated to be the fastest-growing segment over the forecast period, owing to the non-psychoactive property of CBD
  • In Europe, the Netherlands holds the largest market share owing to the presence of cafes and restaurants dedicated to cannabis consumption, and the increasing trend of cannabis tourism in the country
  • Some of the key players operating in the global market include New Age Beverages Corporation; The Alkaline Water Company; Phivida Holdings Inc.; Koios Beverage Corporation.; VCC Brand; Dixie Brands Inc.; Keef Brand; Hexo Corp; Aphria; and Canopy Growth

Cannabis Beverages Market Segmentation

Grand View Research has segmented the global cannabis beverages market report on the basis of type, component, and region:

Cannabis Beverages Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Alcoholic
  • Non-Alcoholic

Cannabis Beverages Component Outlook (Revenue, USD Million, 2015 - 2025)

  • Cannabidiol (CBD)
  • Tetrahydrocannabinol (THC)

Cannabis Beverages Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • Netherlands
  • Rest of the World

About Grand View Research

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

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.

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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.

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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.

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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.

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...