Jewelry Market Trends Regulations And Competitive Landscape Outlook to 2030

 

Jewelry Market Growth & Trends

The global jewelry market size is expected to reach USD 518.90 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.5% from 2022 to 2030. The luxury goods industry continues to drive the market for jewelry, amid challenges concerning varying economic trends.

The demand for jewelry is increasing as the world is recovering from a recession and the global financial crisis of 2008. Over the past few years, consumer preference has turned to branded jewelry. This trend is more prominent among the emerging upper middle class or wealthy consumers, particularly in Asia Pacific, for whom branded jewelry is a status symbol. According to the World Gold Council, India and China accounted for more than 50% of the global gold jewelry demand in 2018.

Most consumers buy jewelry from international or established brands as they offer authentic and trustworthy products and unique designs. E-commerce is another important trend in the industry. Most consumers in this market prefer to research online before purchasing any product, and many make purchases from online portals for convenience.

Technological advancements have been transforming the jewel industry, from mining and discovering precious metals to cloud solutions and e-commerce platforms. Computer-aided design (CAD), 3D printing, and augmented reality (AR) are among the most notable technologies that have been prompting the growth of the industry in recent years. From a distribution standpoint, the emergence and popularity of these technologies have been aiding jewelry manufacturers around the world to realize higher profit margins in retail outlets.

A key trend that has been gripping the jewelry industry over the years is the transformation of the shopping experience using technology. For instance, in June 2017, YOOX NET-A-PORTER GROUP, an Italian online fashion retailer, partnered with Lumyer Inc., a U.S.-based app developing company, to launch an AR camera app designed to enable users to try on jewelry, sunglasses, and handbags in virtual reality.

The rising number of double-income households in emerging economies such as India, China, and Brazil have resulted in increased spending on luxury goods, including jewelry. Spending on luxury products is expanding at a more substantial rate in tier-II cities in India than in tier I cities. According to American Express, high-end spending in tier II cities between 2013 and 2018 grew 30 times faster than that in tier I cities. The rise in luxury spending in tier I and tier II cities is due to strict measures by the Indian government, such as an increase in excise duty on gold and diamond, demonetization, and a rise in taxes on luxury items to curb black money.

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Jewelry Market Report Highlights

• The ring product segment held the largest revenue share in 2021. The segment stood as the most popular product amongst end users as consumers’ interest is growing in the intricate designs and details of the rings. Moreover, they are perceived as elegant and stylish statement-making jewelry among both men and women, which is supporting the growth of the segment

• The gold material segment is projected to register the fastest growth rate over the forecast period. In 2020, the jewelry industry used over 1,400 metric tons of gold accounting for more than one-third of all gold demand worldwide

• Asia Pacific held the largest revenue share in 2021. Highly populated and developing economies of the region including China and India generate humongous demand for jewelry boosting its consumption and revenue. Additionally, the high significance of jewelry in Indian culture, improving living standards, rising per capita income and spending power, and the rising influence of social media on consumers are fueling the growth of the market in Asia Pacific

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Jewelry Market Segmentation

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

Jewelry Product Outlook (Revenue, USD Million, 2017 - 2030)

• Necklace

• Ring

• Earring

• Bracelet

• Others

Jewelry Material Outlook (Revenue, USD Million, 2017 - 2030)

• Gold

• Platinum

• Diamond

• Others

Jewelry Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

• Europe

  • Germany

  • France

• Asia Pacific

  • China

  • India

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

List of Key Players of Jewelry Market

• Tiffany & Co.

• Louis Vuitton SE

• Signet Jewelers Limited

• Pandora Jewelry, LLC

• H.Stern

• Richemont

• Chow Tai Fook Jewellery Group Limited

• Malabar Gold & Diamonds

• SWAROVSKI GROUP

• GRAFF

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.

Europe Clinical Trials Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 

Europe Clinical Trials Market Growth & Trends

The Europe clinical trials market size is expected to reach USD 20.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.7% from 2022 to 2030. The rise in technological advancement for clinical trials is one of the key factors driving the market. The growing adoption of new technologies like artificial intelligence, big data analytics, blockchain, clinical trials payments, and patient engagement solutions among others have significantly contributed to the market growth. The COVID-19 pandemic had improved the adoption of virtual clinical trials in the region. Therefore, the growing adoption of new technologies is likely to promote the growth of the market.

The demand for personalized medicines has significantly improved in the region owing to significant research funding for personalized therapies by the European Commission. The aim of various countries in Europe is to collaborate research and health policy to accelerate the adoption of personalized medicine with the formation of the International Consortium for Personalized Medicine, which brings together health research funders and policymaking groups. Such activities are likely to promote market growth. The region suffers from growing disease variation and prevalence. A significant number of people in the region suffer from chronic and rare diseases.

For instance, the European Commission states that approximately 5,000-8,000 distinct rare diseases affect around 6-8% of the European population i.e., between 27 - 36 million. Thus, the high burden of rare diseases is likely to increase the demand for researchers to develop therapeutics for rare diseases. The rising cost associated with research studies has increased the demand for CROs in the region for conducting clinical trials. The partnership agreement between pharmaceutical companies and CROs is likely to promote market growth.

Europe was one the worst affected region by the COVID-19 pandemic, owing to which public organizations in the region made significant funding in research to boost the development of COVID-19 vaccines and diagnostics. For instance, in June 2020 the French president pledged to invest USD 679 million to support the development of COVID-19 vaccines. Owing to the pandemic several research centers were shut down due to the national lockdown implemented by the government authorities, owing to which several clinical trial organizations opted for in silico trials and virtual clinical trials to speed up the research process. Such actions had profited the growth of the market.

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Europe Clinical Trials Market Report Highlights

• The phase I trial segment is projected to witness a remarkable growth rate of 6.1% over the forecast period. This can be attributed to the significant R&D spending by public and private organizations to support new researches

• The interventional study design segment held the largest market share of 78.6% in 2021 owing to the greater accuracy offered by these studies, as compared to other clinical study designs

• European countries such as Germany and the U.K. are spearheading the revenue share, as these have a large patient pool and the presence of advanced medical infrastructure 

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Europe Clinical Trials Market Segmentation

Grand View Research has segmented the Europe clinical trials market based on study design, phase, and region:

Europe Clinical Trials Study Design Outlook (Revenue, USD Million, 2018 - 2030)

• Interventional

• Observational

• Expanded Access

Europe Clinical Trials Phase Outlook (Revenue, USD Million, 2018 - 2030)

• Phase I

• Phase II

• Phase III

• Phase IV

Europe Clinical Trials Regional Outlook (Revenue, USD Million, 2018 - 2030)

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

List of Key Players of Europe Clinical Trials Market

• IQVIA Holdings, Inc.

• PAREXEL International Corporation

• Pharmaceutical Product Development, (PPD) LLC.

• Syneos Health Inc.

• Eli Lilly and Company

• Novo Nordisk A/S

• Pfizer, Inc.

• Dr. Notghi Contract Research GmbH

• Charite Research Organisation GmbH

• Janssen Global Services, LLC

• Mondosano GmbH

• KFGN

• Clariness

• Invisio Clinical Studies Consulting

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.

Gluten-Free Products Market Size Is Predicted To Reach A Valuation Of USD 13.7 Billion By 2030: Grand View Research Inc.

 

Gluten-Free Products Market Growth & Trends

The global gluten-free products market size is expected to reach USD 13.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.8% from 2022 to 2030. The rising prevalence of lifestyle-related diseases has favored in driving the product demand. Manufacturers and marketers are linking new product developments with other rising trends in the food and beverage industry, which is aiding gluten-free foods to gain traction. Clean labeling, transparent packaging, and the incorporation of plant proteins are among these developments, thereby driving the market.

The U.S. is one of the major consumers of gluten-free products as, on average, one in every 133 people suffers from celiac disease, and one in every 56 people experiences similar symptoms. Celiac disease is an autoimmune disorder distinguished by gluten intolerance. Celiac disease patients can only avoid these symptoms by following a gluten-free diet. However, despite not being diagnosed with gluten sensitivity, the gluten-free diet has grown in popularity in recent years, with an increasing number of individuals opting for it. The market is predominantly driven by consumers’ perception that a gluten-free diet will ensure significant health benefits such as reduced cardiovascular risks and weight control.

The bakery products segment held the largest revenue share in 2021 and is expected to maintain its dominance over the forecast period. The elevated demand is due to the widespread notion that gluten-free baked goods are healthier than typical wheat flour baked goods. Gluten-free foods have a low GI and are low in calories. This aids in weight loss and obesity prevention by giving more energy than traditional baked goods. This dominance of bakery products is expected to sustain market growth during the forecast period.

The supermarkets and hypermarkets segment accounted for the largest revenue share in 2021. The extensive proliferation of supermarkets and hypermarkets which has occurred even in developing nations in recent years is the primary factor leading to the huge value generation. Furthermore, retailers enjoy a huge margin on gluten-free products and therefore promote customer outreach and smart merchandising to maximize sales. North America held the largest revenue share in 2021. The prevalence of a high number of individuals with celiac disease, and other chronic gastrointestinal disorders is the primary factor driving the market in the U.S. However, the increasing number of gluten-free diet consumers in Asia, especially the emergence of gluten-free diet destinations such as Vietnam, is expected to make Asia Pacific a lucrative region for market growth.

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Gluten-Free Products Market Report Highlights

• The bakery products segment is projected to register the fastest growth over the forecast period owing to higher demand for gluten-free bread which aid in weight loss over the traditional baked goods

• The online segment is anticipated to register the fastest growth over the forecast period as the adoption rate of online purchasing is soaring across the world

• Asia Pacific is expected to witness the fastest growth over the forecast period assisted by rising awareness and availability of gluten-free products

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Gluten-Free Products Market Segmentation

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

Gluten-Free Product Outlook (Revenue, USD Million, 2017 - 2030)

• Bakery Products

• Dairy/Dairy Alternatives

• Meats/Meats Alternatives

• Condiments, Seasonings, Spreads

• Desserts & Ice-creams

• Prepared Food

• Pasta and Rice

• Others

Gluten-Free Products Distribution channel Outlook (Revenue, USD Million, 2017 - 2030)

• Convenience Stores

• Supermarkets & Hypermarkets

• Specialty Stores

• Online

• Others

Gluten-Free Products Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

  • Italy

• Asia Pacific

  • India

  • China

  • Australia

  • New Zealand

• Central & South America

  • Brazil

• Middle East & Africa

List of Key Players of Gluten-Free Products Market

• Conagra Brands, Inc.

• The Hain Celestial Group Inc.

• General Mills Inc.

• Kellogg Co.

• The Kraft Heinz Company

• Hero AG

• Barilla G. e R. Fratelli S.p.A

• Seitz glutenfrei

• Freedom Foods Group Limited

• Ecotone

Cookware Market to Reach USD 41.9 Billion by 2030: Grand View Research Inc.

 

Cookware Market Growth & Trends

The global cookware market size is expected to reach USD 41.9 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.5% from 2022 to 2030. Demand for cookware products is on the rise owing to an increase in the popularity of home cooking, especially during the ongoing COVID-19 pandemic. Consumers are not just trying new recipes at home but are also looking to improve their cooking skills. Another factor fueling the growth of the market is the replacement of old cookware with new items. According to the International Housewares Association (IHA), 90% of the consumers in the U.S. will replace their cookware within a decade. This will boost the growth of the overall market over the forecast period.

COVID-19 has also affected the market growth drastically. After months of being confined to living quarters, more than a few people are ready to upgrade their spaces. One beneficial outcome of more time spent at home is many people were prompted to learn some often neglected traditional life skills, such as cooking for themselves. Since several consumers are spending more time in the kitchen and cooking exotic recipes, several cookware manufacturers are channelizing this trend and offering customers cooking tips and recipes.

With economies and markets now reopening after stringent lockdowns, there has been an uptick in new household construction and the reinvigoration of commercial kitchen businesses such as restaurants, street food outlets, fast food chains, and cafes. A long-lasting change that can be evident post-COVID-19 times would be the point of sales moving from traditional brick-and-mortar outlets toward online retail platforms.

The market is growing at a significant pace. Cookware includes pans, pots, wok turners, whisks, spoons, and soup ladles used for cooking in household and commercial kitchens. These high-quality products are often expensive and cookware can be rather luxurious. However, a rise in disposable incomes and changing lifestyles of consumers are factors likely to drive the market over the forecast period. The growing demand from developing economies and rising urbanization in these countries will create various opportunities for manufacturing companies over the years to come.

The continuous expansion of the residential sector on account of the increasing number of households, coupled with major home improvement projects undertaken by consumers in the region, is boosting the demand for premium cookware in North America. Consumers in the region are likely to invest in high-end cookware, which complements their kitchen décor. 

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Cookware Market Report Highlights

• The cooking tools product segment is expected to register the fastest CAGR of 7.7% from 2022 to 2030. The growth in demand for these products is attributed to the consistent growth in the requirement for spoons used for cooking and serving

• The stainless steel material segment held the largest revenue share in 2021. The segment is growing steadily owing to the characteristics of the material; for instance, it does not react with alkaline or acidic food; it does not impart a metallic flavor to food; and is dishwasher, oven, and broiler safe

• The residential application segment accounted for the largest revenue share of over 75.0% in 2021. The growing number of residential constructions, rapid urbanization, and the increasing number of nuclear families are acting as major drivers for the market

• Asia Pacific held the largest revenue share of over 40.0% in 2021. Since the last few years, single-person households have been the fastest-growing household type due to both long-term demographic trends and increasing economic independence. The growing popularity of single-person households in the upcoming years will create significant demand for cookware

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Cookware Market Segmentation

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

Cookware Product Outlook (Revenue, USD Million, 2017 - 2030)

• Pots and Pans

• Pressure Cooker

• Cooking Racks

• Cooking Tools

• Microware Cookware

Cookware Material Outlook (Revenue, USD Million, 2017 - 2030)

• Stainless Steel

• Aluminum

• Glass

• Other

Cookware Application Outlook (Revenue, USD Million, 2017 - 2030)

• Residential

• Commercial

Cookware Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline

• Online

Cookware Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

• Europe

  • Germany

  • U.K.

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

List of Key Players of Cookware Market

• Group SEB

• Werhahn Group

• Target

• Meyer Corporation

• Fissler

• Tramontine

• Newell Brands Inc.

• SCANPAN

• TTK Prestige Ltd.

• The Vollrath Co., L.L.C.

• Hawkins Cookers Limited

Global Demand for Skin Care Products Market to Incur Considerable Upsurge During 2022– 2030: Grand View Research Inc.

 

Skin Care Products Market Growth & Trends 

The global skin care products market size is expected to reach USD 196.20 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.6% from 2022 to 2030. The rising concerns over skin problems are driving the skincare products industry. The growing demand for concern-specific skincare products such as face creams, body lotions, shaving lotions and creams, and face sunscreens is likely to fuel the overall demand.

Rising awareness regarding the various benefits of using skincare products has resulted in a rise in their demand over the last few years. Moreover, an inclination toward natural and organic skincare products is observed, making it a major sector in the cosmetics and wellness industry. Organic products are derived from natural resources and are free from harmful chemicals.

The female gender segment accounted for the largest revenue share in 2021 and is expected to maintain its lead over the forecast period. Women are increasingly adding personal grooming products to their daily routines to enhance their confidence and appearance. The increased demand for face creams, sunscreens, and body lotions across the globe is expected to have a positive impact on the market.

The supermarkets and hypermarkets segment held the largest revenue share in 2021. A large number of consumers prefer buying skincare products from hypermarkets and supermarkets due to the shopping experience offered by these stores. The ability to physically verify these products, along with expert assistance, is significantly contributing to the channel’s growth. The market is consolidated in nature with the presence of a large number of international players and few regional players.

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Skin Care Products Market Report Highlights

• Asia Pacific held the largest revenue share in 2021 owing to the increasing consumption of skincare and cosmetic products in the emerging markets of China and India. A rise in the number of product launches, growing concerns over skin health, and skin conditions are likely to positively influence the market growth

• By product, the face creams and moisturizers segment captured the largest revenue share in 2021 owing to the increasing popularity of these products globally, as people are becoming more conscious of their physical appearance along with being concerned about skin disorders and malignancies of the skin

• The male gender segment is anticipated to expand at the fastest CAGR of 5.0% over the forecast period owing to the significant growth in awareness regarding skincare among the global male population

• The supermarkets and hypermarkets distribution channel segment held the largest revenue share in 2021 owing to a shift in consumer shopping behavior. Due to the increasing demand for cosmetic products and rising shelf space, many of these stores have trained professionals in the cosmetics and beauty aisles to provide customers with expert guidance and recommendations

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Skin Care Products Market Segmentation

Grand View Research has segmented the global skin care products market on the basis of gender, product, distribution channel, and region:

Skin Care Products Gender Outlook (Revenue, USD Million, 2017 - 2030)

• Male

• Female

Skin Care Products Outlook (Revenue, USD Million, 2017 - 2030)

• Face Creams & Moisturizers

• Cleansers & Face Wash

• Sunscreen

• Body Creams & Moisturizers

• Shaving Lotions & Creams

• Others

Skin Care Products Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Supermarkets & Hypermarkets

• Convenience Stores

• Pharmacy & Drugstore

• Online

• Others

Skin Care Products Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • U.K.

• Asia Pacific

  • China

  • India

  • Japan

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

List of Key Players of Skin Care Products Market

• L’Oréal S.A.

• Beiersdorf AG

• Shiseido Co., Ltd.

• Procter & Gamble (P&G)

• Unilever

• Johnson & Johnson Services, Inc.

• Avon Products, Inc.

• Coty Inc.

• Colgate-Palmolive Company

• Revlon

Ornamental Fish Market Strong Application and Emerging Trends also Scope by 2030: Grand View Research Inc.

 

Ornamental Fish Market Growth & Trends

The global ornamental fish market size is anticipated to reach USD 11.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2022 to 2030. Consumers have been observed to be more inclined toward purchasing ornamental fish due to their attractive features and colors. This trend has been driving the demand for aesthetically appealing species with unique characteristics. Ornamental fish can have a calming effect on the surroundings and as a result, these tiny creatures have become an important feature in home decor. The attachment theory applies to human-animal relationships as well, with findings suggesting that both humans and animals can serve as attachment figures and provide feelings of comfort and safety during times of uncertainty or stress.

Moreover, some of the health benefits of keeping fish are stress relief, anxiety relief, calmness, controlled heart rates, and mood enhancement. In fact, aquariums also help ease symptoms in Alzheimer's patients. Several research studies have shed light on the benefits of viewing fish in an aquarium. For instance, a study of older adults conducted by the National Center for Biotechnology Information (NCBI), part of the U.S. National Library of Medicine, in 2019, watching either live fish in an aquarium or a similar videotape, found a decrease in the physiological markers of stress when compared to those watching a placebo videotape.

The continuous expansion of luxury hotels, restaurants, amusement parks, and entertainment and leisure centers showcasing beautiful ornamental fish aquariums is also likely to positively affect the market. The most anticipated luxury hotel brands to be opening in 2021 include Auberge, Four Seasons, Kimpton, Mandarin Oriental, Montage, Nobu Hotels, and Ritz Carlton, which is most likely to uplift the demand for ornamental fish and related aquatic biota for enjoyment purposes. Furthermore, with restrictions worldwide and economic disruptions across countries, the governments of various countries supported the industry with various relief and recovery funds.

For instance, the Australian Government has established a USD 1 billion COVID-19 Relief and Recovery Fund to support regions, communities, and industry sectors that have been disproportionately affected by the coronavirus crisis. The initiatives announced under the fund are supporting industries such as aviation, agriculture, fisheries, tourism, and the arts. These include initiatives such as the Temporary Waiver of Environmental Management Change for the Great Barrier Reef Marine Park and Renewing Reef HQ Aquarium.

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Ornamental Fish Market Report Highlights

• The market is expected to witness a CAGR of 8.5% from 2022 to 2030. The appealing, colorful, and peaceful ornamental fish kept as pets in aquariums provides a variety of psychological advantages to customers of all ages, particularly millennials. This, in turn, is likely to propel their demand

• The tropical freshwater segment accounted for the largest revenue share of 51.8% in 2021 and is expected to expand at a CAGR of 8.2% from 2022 to 2030. It has been observed that consumers are more inclined toward purchasing freshwater fish species due to their high biodiversity, attractive features, and other characteristics

• The household application segment accounted for the largest revenue share of 71.3% in 2021. Consumers have significantly increased their spending on at-home projects and one of those projects is building a reef tank and adopting pets like ornamental fish. As people have been staying at home for longer durations since the spread of covid-19, the popularity of pets has increased, with more people seeking animals for companionship and to reduce stress

• Europe accounted for the largest revenue share of 39.0% in 2021. The purchasing power of consumers in the region is relatively higher compared to that in other regions of the world. As a result, the market is expected to witness steady growth in the region over the forecast period. Consumers here have shown a higher affinity for more expensive exotic saltwater species and corals

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Ornamental Fish Market Segmentation

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

Ornamental Fish Product Outlook (Revenue, USD Million, 2017 - 2030)

• Tropical Freshwater

• Temperate

• Marine

Ornamental Fish Application Outlook (Revenue, USD Million, 2017 - 2030)

• Commercial

• Household

Ornamental Fish Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

• Europe

  • Germany

  • U.K.

• Asia Pacific

  • China

  • India

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players of Ornamental Fish Market

• Aqua-Nautic Specialist Pte Ltd.

• AlgaeBarn LLC

• bioAquatiX

• Imperial Tropicals

• LiveAquaria

• Oasis Fish Farm

• Sanyo Aquarium (Pte) Ltd.

• Qian Hu Corporation Limited

• Sunbeam Aquarium Pte Ltd.

• Tropical Fish International Pte Ltd.

Global Glamping Market to Reach Around USD 5.94 Billion by 2030: Grand View Research Inc.

 

Glamping Market Growth & Trends

The global glamping market size is anticipated to reach USD 5.94 billion by 2030, registering a CAGR of 10.9% over the forecast period, according to a new report by Grand View Research, Inc. With continuous modification in service offerings and expansions, the market is expected to witness a prominent acceptance among tourists who prefer to stay closer to home over foreign vacations. Also, staycations are becoming increasingly popular and are expected to continue growing further through Airbnb and various other advertising campaigns supported by the governments across all regions. While de-stressing and relaxation are considered to be the main factors propelling the market growth, the need for a healthy lifestyle along with eco-tourism has created high demand for an active outdoors régime.

This, in turn, will have a positive impact on the market over the forecast period. Most consumers prefer spending a huge sum of money on immersive experiences as opposed to material possessions. Ethical awareness as well as rising demand for greater ethical conscientiousness from brands is expected to fuel industry growth from 2022 to 2030. Millennials nowadays seek adventurous, personal as well as local experiences wherever they go and are also willing to pay to get that emotionally evocative understanding, thus high target population is expected to have a positive impact on the market over the forecast period. In addition, another trend observed in the market is that in the past, staycations were only employed for celebratory purposes.

However, over the past few years, families, groups of individuals, etc. need to pamper themselves on their days off from work. Another reason for the increase in staycations is that people today prefer nearby getaways for long weekends, which is why consumers prefer holidaying within city limits. Moreover, the growing inclination of young consumers towards prioritizing their travel experiences over materialistic possessions, particularly among millennials, has made glamping a trending camping option. Millennials and Gen X constitute a driving force for the market. According to the KOA report, leisure traveler participation in glamping by generations comprised 48% of millennials and 28% of Gen X in North America in 2019.

Although the impact of COVID-19 on disposable income over the forecast period is not known, it is seen to have not much of a change on the industry. Glamping is a fairly low-cost leisure offering within the tourism industry and thus remains attractive to a large percentage. Moreover, traditional hospitality offerings including hotels, restaurants, and resorts have had a destructive impact due to COVID-19, whereas the glamping and camping industries witnessed a higher demand as they offer socially distant, hygienic, and scheduled breaks away from the city. With no common areas or front desk, no bars or restaurants, operators like Hipcamp, Getaway, and Tentrr offer tents or secluded cabins that are well-positioned to capture this demand.

In addition, glamping service providers are also focusing on partnering with hotels and resorts to popularize and generate greater profits. For instance, Glampique’s services are a perfect solution for business-to-business glamping deals. However, getting planning permission to start a glamping site is one of the challenges faced by numerous owners. Land use permission to build glamping sites may take up to a year and is a very lengthy procedure. This is one of the major challenges that discourage people from starting their own glamping business; particularly in the U.S.A., a few planning authorities simply don’t relate glamping as a business or the benefits of luxury camping as an environmentally conscious way to use a piece of land or building and diversify or boost a local economy.

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Glamping Market Report Highlights

• Rising preference for contemporary tents, pods, and cabins amidst nature is expected to be one of the key reasons driving the market over the forecast period

• The cabins and pods segment accounted for the largest revenue share in 2021 and is expected to grow at a steady CAGR over the forecast period

• Cabin and pods accommodation has been the most preferred glamping type due to amenities, such as safe door and window locks. With outdoor activities becoming more popular, travel enthusiasts get highly attracted by luxury services offered by the glamping service providers

• The 18-32 years age group segment will register the fastest CAGR over the forecast period. The rising trend of travel & tourism in the millennial generation category is fueling the segment growth

• Europe held the largest revenue share of over 35.00% in 2021. The market started as a niche segment in Europe; however, it has been gaining traction over the past few years due to rising consumer awareness about the benefits of glamping

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Glamping Market Segmentation

Grand View Research has segmented the global glamping market on the basis of accommodation, age group, and region:

Glamping Accommodation Outlook (Revenue, USD Million, 2017 - 2030)

• Cabins & Pods

• Tents

• Yurts

• Treehouses

• Others

Glamping Age group Outlook (Revenue, USD Million, 2017 - 2030)

• 18-32 Years

• 33-50 Years

• 51-65 Years

• Above 65 Years

Glamping Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

• Europe

  • Italy

  • U.K.

• Asia Pacific

  • Australia

  • India

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players of Glamping Market

• Under Canvas

• Collective Retreats

• Tentrr

• Eco Retreats

• Baillie Lodges

• Nightfall Camp Pty Ltd.

• Tanja Lagoon Camp

• Wildman Wilderness Lodge

• Paperbark Camp

Poultry Vaccines Market Trends, Growth Prospects To 2030: Grand View Research Inc.

 

Poultry Vaccines Market Growth & Trends

The global poultry vaccines market size is expected to reach USD 3.39 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2022 to 2030. The key factors driving the market include the rising consumption of poultry meat and eggs, the prevalence of avian diseases, and the increasing poultry population in key markets. According to OECD-FAO Agricultural Outlook, poultry meat consumption in the U.S. was pegged at 19,169 thousand tons in 2020. This consumption is projected to increase over the next few years.

The COVID-19 pandemic resulted in several challenges for the poultry industry including a fall in consumption, increased concerns over zoonoses, and low sales. For example, as per the Economic Times, in March 2020, the price of chicken plunged by as much as 70% due to the reduced consumption of meat, fish, eggs, and chicken. However, the pandemic also led to the rising awareness regarding diseases in animals and increasing demand for safe and healthy poultry products. This is anticipated to create opportunities for poultry vaccines manufacturers as poultry farms must ensure healthy layer, broiler, and breeder stock. In fact, in April 2021, the CEO & MD of Hester Biosciences Ltd. stated that the market for poultry vaccines is set to grow significantly post COVID.

In addition, the advent of new vaccines, such as Salmonella-vectored vaccines, which protect domesticated birds against necrotic enteritis is anticipated to provide a growth platform to this market. In addition, the rising usage of poultry vaccines by research institutes and colleges, along with vaccination awareness programs, is fueling the growth of the market. For instance, in July 2019, the Veterinary College and Research Institute based in Madurai, India started vaccinating domesticated birds, predominantly chickens, to save farmers from suffering significant losses.

Technological advancements in poultry vaccines, rising demand for animal protein, concerns over food safety, animal welfare, and microbial resistance, increased focus on avian healthcare, and shift from treatment to the prevention of diseases are some of the other factors anticipated to create growth opportunities in the market. For instance, the TAbic Vaccines Line by Phibro Animal Health Corporation comprises 25+ vaccines for poultry for protection against Newcastle disease, infectious bronchitis, and other poultry diseases.

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Poultry Vaccines Market Report Highlights

• The increasing prevalence of infectious diseases in poultry and product developments in the field are anticipated to create growth opportunities in the market

• By product, attenuated live vaccines held the largest revenue share in 2021 owing to their relatively low production cost and long duration of protection

• The Egg Drop Syndrome (EDS) disease type segment is expected to register a lucrative growth rate over the forecast period due to the growing use of inactivated vaccines to prevent viral disease

• As per the MSD Vet Manual, EDS vaccines can also be given in combination with other vaccines, such as those for Newcastle disease, thus increasing their adoption rate

• The breeder application segment dominated the market in 2021 due to the increasing use of vaccines at breeder farms to secure the health of the poultry and increase farm’s productivity

• Europe held the largest revenue share in 2021 due to favorable government policies, rising concerns of zoonoses, and initiatives by key companies

Access Press Release@ https://www.grandviewresearch.com/press-release/global-poultry-vaccines-market

Poultry Vaccines Market Segmentation

Grand View Research has segmented the global poultry vaccines market on the basis of application, product, disease type, and region:

Poultry Vaccines Application Outlook (Revenue, USD Million, 2017 - 2030)

• Broiler

• Layer

• Breeder

Poultry Vaccines Product Outlook (Revenue, USD Million, 2017 - 2030)

• Attenuated Live Vaccines

• Inactivated Vaccines

• Subunit Vaccines

• DNA Vaccines

• Recombinant Vaccines

Poultry Vaccines Disease Type Outlook (Revenue, USD Million, 2017 - 2030)

• Infectious Bronchitis

• Infectious Bursal Diseases

• Infectious Laryngotracheitis

• Egg Drop Syndrome

• Adenovirus

• Duck Viral Enteritis

• Inclusion Body Hepatitis

• Coccidiosis

• Avian Influenza

• Marek's Disease

• Newcastle Disease

• Salmonella

• Avian Encephalomyelitis

• Fowl Cholera

Poultry Vaccines Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • U.K.

  • France

  • Italy

  • Spain

  • Russia

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

• Latin America

  • Brazil

  • Mexico

  • Argentina

• MEA

  • South Africa

  • Saudi Arabia

List of Key Players of Poultry Vaccines Market

• Boehringer Ingelheim International GmbH

• Ceva

• Zoetis

• Elanco

• Intervet Inc., a subsidiary of Merck & Co., Inc.

• Hester Biosciences Limited

• Vaxxinova International BV

• Venkys India

• Calier

• KM Biologics

• Phibro Animal Health Corporation

Home And Garden Pesticides Market Key Players ,Industry Share ,Growth, And Forecast To 2030: Grand View Research Inc.

 

Home And Garden Pesticides Market Growth & Trends

The global home and garden pesticides market size is anticipated to reach USD 12.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.9% from 2022 to 2030. The growing attitude of consumers towards landscaping and gardening activities, as well as increased investment in the development of urban green space, are some of the factors driving up market demand. The fact that many communities place a high value on having well-kept yards that necessitate adequate pest management in gardens, lawns, and other outdoor areas influences lawn and garden pesticide demand.

They are used to kill mosquitos that can spread diseases like West Nile virus, yellow fever, and malaria, which can all be deadly. They can also kill stinging insects such as bees, wasps, and ants, which can trigger allergic reactions. Insecticides help protect animals from parasites like fleas, which can cause sickness.Human illness caused by moldy food or diseased produce can be avoided with the application of pesticides. The highest market share belongs to the garden a segment. Over the anticipated time, it is also expected to be the fastest-growing application segment. By 2030, the herbicides product type is expected to have the biggest market share. This increase can be ascribed to the widespread use of herbicides to avoid the time-consuming task of eradicating undesired plants.

Herbicides can be used to eliminate weeds, trees, and brush from the side of the road. They can also eliminate invasive weeds that can harm the environment. In addition, consumers are becoming increasingly concerned about the products that they purchase and pay attention to where they are sourced from and whether it has any harmful impact on the environment. Consumers are increasingly purchasing eco-friendly products, and environment-conscious consumers are even willing to pay a higher price for these products.

Moreover, according to Evergreen Garden Care (UK) Ltd., the U.K. life expectancy has risen to 81 years, meaning that there will be more “65 +” gardeners who are living for longer. Moreover, the increasing influence of green spaces and gardens on eateries and restaurants has reflected a positive outlook toward lawns and gardens in commercial spaces, thereby positively influencing the growth of pesticides for their maintenance. Searches for garden bars skyrocketed by 122% globally, over the last 12 months in March 2021, as revealed in research from Made.com.

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Home And Garden Pesticides Market Report Highlights

• The market is expected to expand at a CAGR of 5.9% from 2022 to 2030. The market is predicted to rise in the next years, owing to a growing interest in landscaping. Moreover, the total market is growing due to the rising demand for household and garden pesticides such as captan, folpet, dithiocarbamate, pentachlorophenol, and mercurial

• The garden segment accounted for the largest revenue share of 78.9% in 2021 and is expected to expand at a CAGR of 6.1% from 2022 to 2030. The growing popularity of community gardens is projected to offer growth avenues in commercial settings. According to the New York Times in 2021, Shanghai added 55 parks in 2020, bringing a total to 406. Such development efforts bode well for the garden pesticides market

• The insecticides segment accounted for a revenue share of 29.3% in 2021 and is estimated to ascend with the highest CAGR of 6.5% over the forecast period. The growing incidence of insect-borne diseases has given rise to the demand for insecticides for household disinfection and for outdoor spaces like pools, showers, or patios

• North America had the largest revenue share of 37.5% in 2021. According to Pesticide Action Network, U.S. homeowners apply an estimated 80 million pounds of synthetic pesticides to their lawns. This "cosmetic" use provides pesticide corporations their fastest sales growth in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-home-garden-pesticides-market

Home And Garden Pesticides Market Segmentation

Grand View Research has segmented the global home and garden pesticides market on the basis of type, application, and region:

Home & Garden Pesticides Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Herbicides

• Insecticides

• Fungicides

• Fumigants

Home & Garden Pesticides Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Garden

• Household

Home & Garden Pesticides Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

  • The U.S.

• Europe

  • Germany

  • U.K.

  • France

• Asia Pacific

  • China

  • India

• Central & South America

  • Brazil

• Middle East & Africa

List of Key Players of Home And Garden Pesticides Market

• Central Garden & Pet Company

• S.C. Johnson & Sons Inc.

• Bayer AG

• The Scotts Company LLC

• Syngenta

• Organic Laboratories, Inc

• Reckitt Benckiser Group PLC

• DuPont de Nemours, Inc

• BASF SE

• Willert Home Products.

Advanced Wound Care Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 

Advanced Wound Care Market Growth & Trends

The global advanced wound care market size is anticipated to reach USD 10.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2022 to 2030. An increase in the aging population and the increasing number of diabetic patients are some major factors driving this market’s growth. For instance, according to Administration for Community Living’s profile on older Americans, the U.S. population aged 65 and above was estimated to be 54.1 million in 2019, which is about 19% of the U.S. population. This population increased by about 36% from 2009 to 2019 and is projected to reach 80.8 million by 2040, and 94.7 million by 2060. As the elder population is more prone to wounds, an increasing number of elder populations is anticipated to propel the market growth during the forecast period. 

Moreover, there has been an increase in the number of surgical procedures and traumatic incidents globally. For instance, as per a study by ResearchGate, in 2020, around 6.6% of mortality occurs due to trauma every year. Similarly, there has been an increase in the number of surgical site infections. Advanced wound care products help to contain and reduce these surgical site infections, thereby, an increase in the number of surgical site infections is expected to drive the market during the forecast period. 

Furthermore, the introduction of the COVID-19 vaccine, and the lifting of lockdown impositions, are expected to have a positive impact on the market in coming years. Many elective surgeries which were postponed are expected to take place. In addition to this, many leading manufacturers are introducing new products which may help them to capitalize on the increasing demand for advanced wound care products during the forecast period. 

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Advanced Wound Care Market Report Highlights

• Based on product, the moist wound care segment dominated the market and accounted for a revenue share of 59.2% in 2021, owing to an increase in the number of chronic wound patients

• Based on application, the chronic wound segment is likely to witness the fastest growth during the forecast period, owing to an increase in the number of diabetic foot ulcers globally

• On the basis of end-use, the hospital segment dominated the market, owing to the increasing number of surgeries among the patients in hospitals. On the other hand, the home healthcare segment is anticipated to witness the fastest CAGR of 6.11% in the forecast period

• North America dominated the market and accounted for the highest revenue share of 45.2% in 2021 owing to the increasing number of surgical procedures and technological advancements 

Access Press Release@ https://www.grandviewresearch.com/press-release/global-advanced-wound-care-market

Advanced Wound Care Market Segmentation 

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

Advanced Wound Care Product Outlook (Revenue, USD Million, 2018 - 2030)

• Moist

  • Foam Dressings

  • Hydrocolloid Dressings

  • Film Dressings

  • Alginate Dressings

  • Hydrogel Dressings

  • Collagen Dressings

  • Other Advanced Dressings

• Antimicrobial

  • Silver

  • Non-silver

• Active

  • Biomaterials

  • Skin-substitute

Advanced Wound Care Application Outlook (Revenue, USD Million, 2018 - 2030)

• Chronic Wounds

  • Diabetic Foot Ulcers

  • Pressure Ulcers

  • Venous Leg Ulcers

  • Other Chronic Wounds

• Acute Wounds

  • Surgical & Traumatic Wounds

  • Burns

Advanced Wound Care End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Specialty Clinics

• Home healthcare

• Others

Advanced Wound Care Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Netherlands

  • Spain

  • Sweden

• Asia Pacific

  • Japan

  • China

  • India

  • South Korea

  • Taiwan

  • Australia

  • Vietnam

• Latin America

  • Mexico

  • Brazil

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

List of Key Players of Advanced Wound Care Market

• Smith & Nephew

• Mölnlycke Health Care AB

• ConvaTec Group PLC

• Baxter International

• URGO Medical

• Coloplast Corp.

• Medtronic

• 3M

• Derma Sciences Inc. (Integra LifeSciences)

• Medline Industries