Asia Pacific Flooring Market Trends Analysis And Forecast Till 2030: Grand View Research Inc.

 Asia Pacific Flooring Market Growth & Trends

The Asia Pacific flooring market is anticipated to reach USD 190.64 billion by 2030 and is anticipated to expand at a CAGR of 6.0% during the forecast period, according to a new report by Grand View Research, Inc. The growing construction industry with the increasing population in Asian countries including China, India, Japan, Indonesia, and Vietnam is expected to contribute to the market growth. In addition, the rising demand for aesthetically pleasing, durable, and easy to maintain products such as vinyl flooring and ceramic tiles is expected to drive the growth over the forecast period.

Moreover, the ongoing development of new innovative floor coverings and the prevailing demand trends from consumers related to construction solutions and floor designs also fuel the growth of flooring market in Asia Pacific. Expanding offices and workspaces, improving consumer lifestyle, and ongoing urbanization also contribute to the growth of the market in the region.

The flooring industry is witnessing significant growth in terms of technological developments and styling trends. Innovations and new trends in floor designs and construction solutions have extensively driven demand for floorings. The market is highly competitive in nature with numerous players offering a variety of flooring solutions across the residential, commercial, and industrial segments. Furthermore, end users are changing preferences from traditional flooring solutions to eco-friendly and cost-effective materials, such as rubber, cork, bamboo, and linoleum, which is expected to drive demand for these floorings.

The market for ceramic tiles is unorganized to a significant extent in Asia Pacific as numerous domestic players are operating across the region. A large number of small-scale players manufacture and distribute a variety of flooring products. These players prefer the supply of products directly to end-users by avoiding distribution channels, thereby negatively affecting the value chain of flooring.

Prominent players in the value chain are engaged in providing flooring installation services to end users along with post-installation care. This increases the profit margins of the industry players. Logistics bridges manufacturing and retail. There is high traffic in trade of flooring solutions such as tiles, carpets, and laminates between countries and regions. Cost, design, and aesthetics also play an important role in terms of selecting flooring options. The availability of a wide choice to consumers, presence of sales offices of key manufacturers across region, and provision of services to consumers have resulted in high trade volume of flooring solutions.

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Asia Pacific Flooring Market Report Highlights

• Ceramic tiles dominated the technology segment with more than 23.0% share in 2023 owing to its characteristics including scratch and stain resistance, durability, and recyclability.
• Natural Stone segment is expected to grow at the fastest CAGR over the forecast period.
• The residential application segment held largest market share of 49.8% in 2023 owing to rising construction of single family and multi-family homes coupled with growing population in Asian countries.
• China dominated the market owing to factors such as easy availability of skilled labor at a lower cost along with presence of favorable government regulations related to flooring, are prime factors attracting multinational companies to invest in the country for business expansions.
• In January 2023, Ceramiche Atlas Concorde S.p.A announced completion of a new plant that has started the production of large-format porcelain slabs from May 2023. This initiative is expected to help Ceramiche Atlas Concorde S.p.A. consolidate leadership of Atlas Concorde as its international partner for all ceramic products.

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Asia Pacific Flooring Market Segmentation

Grand View Research has segmented the Asia Pacific flooring market on the basis of product, application, and region:

Asia Pacific Flooring Product Outlook (Volume, Million Square Meters; Revenue, USD Billion, 2018 - 2030)

• Ceramics
• Vitrified (Porcelain)
• Carpet
• Vinyl
• LVT
• Linoleum & Rubber
• Wood
  • Solid Wood
  • Engineered Wood
    • Multiply Engineered
    • 3-Ply Engineered
    • HDF Core Engineered
    • Others
  • Parquet
• Laminate
• Natural Stone
• Other Flooring

Asia Pacific Flooring Application Outlook (Volume, Million Square Meters; Revenue, USD Billion, 2018 - 2030)

• Residential
• Commercial
• Industrial

Asia Pacific Flooring Region Outlook (Volume, Million Square Meters; Revenue, USD Billion, 2018 - 2030)

• Asia Pacific
  • Japan
  • China
  • India
  • New Zealand
  • Thailand
  • South Korea
  • Australia
  • Malaysia
  • Singapore
  • Vietnam
  • Taiwan
  • Philippines
  • Indonesia

List of Key Players in the Asia Pacific Flooring Market

• TOLI Corporation
• AHF, LLC.
• Forbo Flooring Systems
• Interface, Inc.
• Gerflor Group
• RAK CERAMICS
• Tarkett
• Shaw Industries Group, Inc.
• Polyflor Ltd
• Karndean
• Carpet One Australasia Pty Ltd
• Kajaria Ceramics Limited
• Ceramiche Atlas Concorde S.p.A.
• Milliken & Company
• EGGER
• MOHAWK INDUSTRIES, INC.

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.

Nursing Products Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 Nursing Products Market Growth & Trends

The global nursing products market size is expected to reach USD 8.2 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.1% from 2021 to 2028. The market growth can be attributed to the growing demand for maternity care products by lactating mothers. A new baby and the start of the breastfeeding journey can be stressful for new mothers. These products help new mothers in dealing with challenges encountered during their breastfeeding phase.

Growing awareness about the benefits of breastfeeding among target customers is likely to create various opportunities for the manufacturers of nursing products. In addition, higher disposable incomes, especially among the population of millennial and Gen Z generations, are driving the market growth.

During the initial phase of the COVID-19 pandemic, the manufacturers of nursing products faced some challenges as the supply chains were interrupted due to the imposed lockdowns. The key market players are now developing tactical plans to deal with the impact of the pandemic on businesses. Since supply chains are a crucial part of retail and online shopping, companies are figuring out ways for smoother business operations.

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Nursing Products Market Report Highlights

• Based on type, the nursing products market is segmented into nursing pillows, nursing covers, nursing pads, nipple creams, nursing bras, nursing stations, breast pumps, pumping accessories, and others. In 2020, the breast pump segment dominated the market in terms of revenue share owing to the growing demand for breast pumps, especially by working women
• The nipple cream segment is expected to witness the fastest growth rate over the forecast period. The millennial generation and gen Z population are more aware of personal care and skincare products. The new parents from these generations prefer organic baby-safe products. Hence, the manufacturers are introducing innovative formulations of nipple creams that are safe for babies too
• North America held the majority of the market share in terms of revenue in 2020. The significant growth in the number of working women, increasing customer awareness about nursing products, and easier availability of the products are some of the key factors contributing to the market growth. According to the CDC, around 3.6 million babies were born in the U. S. in 2020
• Asia Pacific is expected to witness the fastest CAGR over the forecast period due to the growth in women’s employment, as newly educated mothers are adopting technologically advanced nursing products such as breast pumps to deal with breastfeeding challenges

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Nursing Products Market Segmentation

Grand View Research has segmented the global nursing products market based on type and region:

Nursing Products Type Outlook (Revenue, USD Million, 2016 - 2028)

• Nursing Pillow
• Nursing Cover
• Nursing Pad
• Nipple Cream
• Nursing Bra
• Nursing Station
• Breast Pump
• Pumping Accessories
• Others

Nursing Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Nursing Products Market

• Ameda
• Pigeon Corporation
• Koninklijke Philips N.V.
• AVINCI BABY
• Bravado Designs USA
• Spectra Baby USA

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.

Carotid Artery Stents Market Precise Analysis on Business Overview, Product Scope And Ongoing Development 2030

 Carotid Artery Stents Market Growth & Trends

The global carotid artery stents market size is expected to reach USD 768.0 million by 2030 expanding at a CAGR of 3.0% from 2022 to 2030, based on a new report by Grand View Research, Inc. The demand for carotid artery stents is driven by the rising aging population and an increase in the prevalence of risk factors like cardiovascular diseases (CVDs), complex lesions, obesity, diabetes, and others. As per "Global and Regional Prevalence, Burden, and Risk Factors for Carotid Atherosclerosis," published in May 2020, the incidence of rising carotid intima-media thickness in the population aged 30-79 in 2020 has been anticipated to be 27.6% or 1,066.70 million people. This represents a change in percentage of 57.46% from 2000.

The COVID-19 pandemic affected the market due to patients with CVD witnessed disruptions in diagnosis and treatment as a result of fewer people visiting hospitals and diagnostic facilities. For instance, a scientific study released in March 2022 titled "The Effect of COVID-19 on Adult Cardiac Surgery (in the U.S. in 717,103 Patients)" found that surgical intervention decreased by 65.5% and the volume of adult vascular surgery had decreased by 52.7%.

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Carotid Artery Stents Market Report Highlights

• Based on type, the drug eluting stents(DES) held the largest market share of 78.7% in terms of revenue in 2021. DES is preferred over bare-metal stents and other stent types for carotid angioplasty and stenting
• On the other hand, the bioabsorbable stents segment is expected to witness the fastest growth rate of 4.3% over the forecast period owing to their quick implantation, and accessibility to patients of all ages, particularly children
• Based on material, the metal segment held the largest market share of 88.8% in 2021 due to their lower rates of stent fracture, flexibility, and biocompatibility. The polymer segment is anticipated to grow at the fastest CAGR of 5.3% over the forecast period due to its extensive use in cardiology, particularly in carotid vascular intervention as coating matrices for drug-eluting stents and stent platforms (scaffolds)
• Based on mode of delivery, the balloon-expandable stents segment held the largest market share of 55.5% in 2021. The balloon-expandable stents are the most widely used stents for carotid arteries. On the other hand, the self-expanding stents segment is anticipated to grow at a CAGR of 2.9% over the forecast period due to their smaller delivery systems, flexibility, adapt to the vessel wall, and simpler to install
• Based on end-use, the hospitals segment accounted for the largest market share of 89.7% in 2021 due to a growing patient base, an increase in carotid angioplasty in hospitals, and favorable reimbursement scenarios. The ambulatory surgical centers segment is anticipated to grow at the fastest CAGR of 2.8% over the forecast period because they charge 45%–60% less than hospitals do, moreover it has lower overhead, lower fixed costs, and shorter hospital stays
• In 2021, North America dominated the market with a share of around 39.5%. According to the CDC, CAD is the most common heart disease in the U.S. and is the leading cause of death, claiming over 370,000 lives annually. Asia Pacific is expected to expand at the fastest rate of 4.0% during the forecast period pertaining to rising incidence rates of CAD in developing nations such as China and India

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Carotid Artery Stents Market Segmentation

Grand View Research has segmented the global carotid artery stents market based on type, materials, mode of delivery, end-use, and region:

Carotid Artery Stents Type Outlook (Revenue, USD Million, 2017 - 2030)

• Drug Eluting Stents
• Bare Metal Stents
• Bioabsorbable Stents

Carotid Artery Stents Materials Outlook (Revenue, USD Million, 2017 - 2030)

• Metals
  • Stainless Steel
  • Nitinol
  • Cobalt Chromium
  • Others
• Polymers

Carotid Artery Stents Mode of Delivery Outlook (Revenue, USD Million, 2017 - 2030)

• Balloon-expandable Stents
• Self-expanding Stents

Carotid Artery Stents End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Ambulatory Surgical Centers
• Others

Carotid Artery Stents Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players in Carotid Artery Stents Market

• Abbott Laboratories, Inc
• Balton Sp z o.o.
• Boston Scientific Corporation
• Cordis
• InspireMD, Inc.
• Medtronic
• Terumo Europe NV
• MicroPort Scientific Corporation
• Silk Road Medical, Inc.

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.

Corn Market to Record an Exponential CAGR by 2030: Grand View Research Inc.

 Corn Market Growth & Trends

The global corn market size is expected to reach USD 377.27 billion in 2030, registering a CAGR of 3.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Corn is a primary ingredient in livestock feed. The growth of the livestock industry, driven by increasing meat consumption, contributes to the demand for corn as a feedstock. Corn is a major feedstock for biofuel production, particularly ethanol. Government policies and incentives promoting the use of biofuels as an alternative to fossil fuels significantly impact the demand for corn.

Furthermore, the global push for renewable energy sources and efforts to reduce reliance on fossil fuels has led to increased demand for biofuels. Corn-based ethanol is used as a cleaner alternative to traditional gasoline, contributing to the growth of the market. Corn is used in various industrial applications, such as in the production of cornstarch, corn oil, and other derivatives. Cornstarch, for example, is used in the production of biodegradable plastics, textiles, and adhesives. The versatility of corn-based derivatives makes them attractive for use in non-food industrial applications, contributing to increased demand. The increasing demand for these products drives the overall demand for corn.

Shifting consumer preferences, such as the demand for natural and plant-based products, influence the growth of the market. Corn-based products that align with consumer trends experience increased demand. Some corn-based derivatives, such as corn oil, are considered relatively healthier options compared to certain other cooking oils. As health and wellness trends influence consumer preferences, there is a growing demand for products derived from corn that are perceived as healthier or more natural. Supportive government policies, subsidies, and incentives for corn farmers can positively impact production and market growth. This includes policies related to agricultural practices, land use, and pricing.

The digital revolution in corn industry has led to reshaping the industry through technological innovation, replacing outdated, longwinded, and wasteful processes with fast, efficient, and sustainable methods. The innovations include the development of short-stature corn hybrids, such as the Smart Corn System, which are approximately 30% smaller than traditional hybrids but maintain similar yields. These shorter-statured plants are designed to withstand extreme winds and challenging weather conditions, reducing lodging and green snap tolerance. The system allows for more flexible timing and ground application of crop inputs, such as fungicides, insecticides, and nitrogen. The U.S. Department of Agriculture has determined that the short-stature corn can be safely grown, providing a potential solution to the challenges posed by climate change and extreme weather events.

Additionally, the adoption of genetically engineered seed varieties and precision farming systems has supported higher yields and expansion into new areas, contributing to increased corn acreage and productivity. The adoption of new seed technologies has significantly increased corn production by enabling farmers to plant corn seed more densely and earlier, leading to higher yields. Precision agriculture, propelled by advancements in the Internet of Things (IoT), is at the forefront. IoT sensors and monitoring devices provide real-time data on soil conditions, weather patterns, and crop health.

This information enables producers to make highly precise decisions regarding irrigation, fertilization, and pest control. Additionally, the integration of drones and satellite imaging offers corn producers a comprehensive view of their fields, allowing for effective monitoring, disease detection, and optimized field management practices. Digital farming platforms are becoming integral to modern agricultural practices. Farm management software provides comprehensive solutions for monitoring planting schedules, crop health, and resource management.

Major players in the market include China National Cereals, Oils and Foodstuffs Corporation (COFCO); Archer-Daniels-Midland (ADM); Cargill, Inc.; CHS Inc.; Bunge; Glencore; Louis Dreyfus Company; Ardent Mills. Various steps are adopted by these companies including new product launches, partnerships, mergers & acquisitions, global expansion, and others to gain more share of the market.

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Corn Market Report Highlights

• Asia Pacific dominated the market owing to high consumption patterns, growing population, and a significant livestock and poultry industry. Factors such as favorable agricultural practices, government policies, and diverse industrial uses further contribute to the region's prominence in the global market.
• Based on nature, the organic corn segment is estimated to grow with a substantial CAGR over the forecast period. The organic corn segment is experiencing rapid growth owing to increasing consumer health concerns and a growing awareness of organically produced food crops.
• Based on end-use, the B2B is expected to grow with a high CAGR over the forecast period. Within the B2B segment, corn finds diverse industrial applications, playing a role in the production of biofuels, industrial starch for processes, and pharmaceuticals. Companies engaged in this sector rely on B2B transactions to secure a supply of corn tailored for these specific applications.

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Corn Market Segmentation

Grand View Research has segmented the global corn market based on nature, end-use, and region:

Corn Nature Outlook (Revenue, USD Million, 2018 - 2030)

• Organic
• Conventional

Corn End-use Outlook (Revenue, USD Million, 2018 - 2030)

• B2B
  • Food & Beverages
  • Animal Feed
  • Industrial Use (Biofuels, Starch, Adhesives, Pharmaceuticals)
  • Ethanol Production
  • Others (Cosmetics, Personal Care Products, and Construction Materials)
• B2C
  • Offline
  • Online

Corn Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Corn Market

• China National Cereals, Oils and Foodstuffs Corporation (COFCO)
• Archer-Daniels-Midland (ADM)
• Cargill, Inc.
• CHS Inc.
• Bunge Limited
• Monsanto
• Corteva Agriscience
• Adani Wilmar
• Agrium Inc.
• Scoular

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.

U.S. Garden Planter Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2030

U.S. Garden Planter Market Growth & Trends

The U.S. garden planter market size is expected to reach USD 6.88 billion by 2030, registering a 6.7% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing consumer interest in gardening plays a crucial role in driving the garden planter market in the U.S. Consumers are recognizing gardening as a recreational and therapeutic benefit, resulting in a surge in demand for gardening tools and accessories including garden planters, that facilitate health, favoring the growth of the market.

Government initiatives toward green building practices are influencing the garden planter market in the U.S. As there is an increased focus on sustainable and eco-friendly construction, incorporating green elements into building designs has become essential. Garden planters play a crucial role by offering a means to integrate greenery and contribute to the overall environmental performance of buildings. Many green building certifications and standards prioritize features such as green roofs, vertical gardens, and landscaping, driving the demand for planters as essential components of these eco-conscious designs.

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The growing awareness about the benefits of incorporating planters in office spaces is likely driving the growth of the market. Plants enhance indoor air quality by filtering pollutants and releasing oxygen, creating a fresher and more oxygen-rich atmosphere. This can lead to improved employee well-being and cognitive performance. In addition, planters also serve as natural dividers in open office layouts, providing a sense of privacy and delineating workspaces.

There is a rise in focus on sustainability, durability, and aesthetic flexibility, leading to a rise in the utilization of recycled and upcycled materials in the construction of planters. Planters crafted from recycled plastics, reclaimed wood, or composite materials aligns with the eco-friendly inclinations resulting in growing preference among consumers. In addition, there is an increasing demand for materials that are durable and lightweight, such as resin and fiberglass, providing portability and resilience against varying weather conditions. These trends in the market drive the growth of the market.

The online retail platforms have become increasingly favored by consumers seeking the convenience of browsing and purchasing from the comfort of their homes. E-commerce platforms like Walmart and Amazon offer an extensive selection of garden planters, providing customers with the convenience of user reviews, wide range of options and doorstep delivery, unlike traditional brick-and-mortar stores. However, garden centers and nurseries are still preferred by consumers who value expert advice and a curated selection of planters. These specialized stores guide customers in selecting planters that suit their gardening needs, considering factors such as growth requirements, plant type, and design aesthetics.

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U.S. Garden Planter Market Report Highlights

• Based on material, the fiberglass segment is expected to grow at the fastest CAGR in the forecast period. Fiberglass planters are lightweight, easy to handle, and resistant to various environmental conditions, resulting in growing preference among consumers
• Based on end-use, the residential segment is expected to witness the highest growth rate over the forecast period. Increase in number of home & garden improvement projects across the U.S. is driving the demand for garden planters in residential application
• Based on distribution channel, the online sales channel segment is expected to witness the fastest growth rate over the forecast period. The convenience and ease of online shopping have led to a significant increase in consumers buying garden planters through e-commerce platforms like Amazon, Walmart

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U.S. Garden Planter Market Segmentation

Grand View Research has segmented the U.S. garden planter market based on material, end-use, and distribution channel: 

U.S. Garden Planter Material Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Terracotta
• Plastic
• Wood
• Concrete
• Metal
• Ceramic
• Fiberglass
• Others

U.S. Garden Planter End-Use Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Residential
• Commercial

U.S. Garden Planter Distribution Channel Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Supermarkets and Hypermarkets
• Home Improvement Stores
• Specialty Stores
• Co-Op/Independent
• Online/E-commerce

List of Key Players in the U.S. Garden Planter Market

• THE HC COMPANIES, INC.
• Bloem
• Crescent Garden Company
• Mayne
• Tusco Products
• Planters Unlimited
• Urban Pot
• NewPro Corp
• Novelty Manufacturing Co.
• Palmer Planter Company

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.

Biodegradable Tableware Market Top Players, Segments, Cost Structure, Demand, Sales | 2030 Forecast

 Biodegradable Tableware Market Growth & Trends

The global biodegradable tableware market size is expected to reach USD 24.69 billion by 2030, registering a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Consumers are becoming increasingly aware of plastic pollution and its impact on the environment. Businesses are increasingly adopting sustainable practices to reduce their environmental footprint and appeal to eco-conscious consumers. Biodegradable tableware offers a solution for businesses to reduce waste and demonstrate their commitment to sustainability.

Research indicates that more than 80% of debris found in oceans is made up of plastic. This plastic affects marine animals like whales, turtles, and birds, and also enters the human food chain through fish and shellfish. Therefore, it is essential to find sustainable solutions in the food service industry worldwide. According to a 2021 study published in Science Advances, almost 80 percent of all plastics found in the ocean come from Asia. 

Companies are opting for biodegradable tableware for their corporate events to demonstrate their commitment to sustainability. Moreover, the demand for environmentally-friendly tableware is increasing, as local government bodies are introducing regulations to restrict the use of single-use plastics, which creates a favorable environment for biodegradable alternatives. The EU is also taking action against plastic pollution by banning certain single-use plastics. As of July 3, 2021, single-use plastic plates, cutlery, straws, balloon sticks, cotton buds, cups, food, and beverage containers made of expanded polystyrene, and all products made of oxo-degradable plastic cannot be placed on the markets of EU Member States.

Businesses are increasingly adopting sustainable practices to reduce their environmental impact and appeal to eco-conscious consumers. Moreover, wide-scale availability of biodegradable tableware through online retailers, supermarkets, and specialty stores, is supplementing the demand for such products. Hotels, restaurants, and cafes have been at the forefront of the adoption of eco-friendly tableware. Steady growth in the global travel and tourism industry is further boosting industry size. According to the World Travel & Tourism Council, the travel and tourism sector contributed 7.6% to global GDP in 2022.

Manufacturers are continuously investing in research and development to create new and improved biodegradable materials that are eco-friendly, affordable, and visually attractive. For instance, in March 2021, Marine Innovation, a social venture supported by SK Innovation, launched new eco-friendly plates made of seaweed by-products under the brand name Janoodam. These plates are intended for use in hotels, resorts, and restaurants and have been recognized by DIN CERTCO, the certification body of TÜV Rheinland Group. The company had also announced plans to introduce eco-friendly seaweed paper cups in July 2021.

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Biodegradable Tableware Market Report Highlights

• Based on product, the plates/trays segment dominated the market in 2023. Plates offer a convenient and disposable solution for various dining occasions, from picnics and outdoor events to parties and everyday meals. Biodegradable materials like sugarcane bagasse, bamboo, palm leaves, and wood are commonly used to create plates that are sturdy enough to hold even greasy or liquid food items without leaking
• Based on raw material, the paper segment is expected to surge in the forecast period. Paper-based tableware is generally the most affordable biodegradable option, making it accessible to a wider range of consumers and businesses. Governments in several countries are implementing bans and restrictions on single-use plastics, indirectly promoting the use of paper-based alternatives
• Based on application, the commercial segment held the majority revenue share in 2023 owing to stringent government regulations and bans on single-use plastics, growing demand for sustainable solutions in food service industry, increasing popularity of takeaway and delivery food services, and focus on sustainable packaging solutions in cafes, hotels and restaurants
• Asia Pacific is anticipated to grow with the highest CAGR over the forecast period. This is due to factors like increasing industrialization, rising disposable incomes, growing environmental awareness, and increasing government regulations

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Biodegradable Tableware Market Segmentation

Grand View Research has segmented the global biodegradable tableware market based on type, raw material,application and region:

Biodegradable Tableware Type Outlook (Revenue, USD Million, 2018 - 2030)

• Plates/Trays
• Bowls
• Drinkware
• Cutlery
• Others

Biodegradable Tableware Raw Material Outlook (Revenue, USD Million, 2018 - 2030)

• Wood
• Bamboo
• Paper
• Bioplastic
• Bagasse
• Others

Biodegradable Tableware Application Outlook (Revenue, USD Million, 2018 - 2030)

• Household
• Commercial
  • Full Service Restaurants
  • Quick Service Restaurants
  • Catering
  • Others
• Institutional

Biodegradable Tableware Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players in the Biodegradable Tableware Market

• Pactiv LLC
• Reynolds Consumer Products LLC
• Huhtamäki Oyj
• Genpak
• Bionatic GmbH & Co. KG
• Biotrem
• BioPak
• Novolex
• Dart Container Corporation
• PAPSTAR GmbH

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.

Ultrasonic Electrosurgical Devices Market Estimated to Experience a Hike in Growth by 2030: Grand View Research Inc.

 Ultrasonic Electrosurgical Devices Market Growth & Trends 

The global ultrasonic electrosurgical devices market size is expected to reach USD 5.45 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.04% from 2021 to 2028. The rising volume of surgical procedures owing to the growing prevalence of chronic diseases, rising adoption of minimally invasive surgeries, and developments in minimally invasive surgical techniques, including laparoscopy, have resulted in the development of ultrasonic electrosurgical devices by major market players. This is expected to contribute to the market growth. The presence of a large number of players and the growing number of strategic initiatives by the players to enhance their product portfolios are expected to boost the market growth.

The rising prevalence of various types of cancer such as breast cancer, colon cancer, prostate cancer, and lung cancer is anticipated to boost the demand for ultrasonic electrosurgical devices for the treatment and surgery of various tumors in the body. Cancer is considered a universal healthcare problem as it is one of the leading causes of death. Furthermore, the increasing incidence of cancer across the globe is predicted to boost the demand for ultrasonic electrosurgical devices. Thus, the growing prevalence of cancer throughout the globe is projected to create high growth opportunities for the market players over the forecast period.

A large number of surgical procedures are performed around the world. According to OMICS International Conferences, 2015, around 234 million surgical procedures are performed annually. According to the Agency for Healthcare Research and Quality (AHRQ), in 2012, 14.4 million hospital visits resulted in invasive, therapeutic surgeries, of which 46.9% surgeries were performed in inpatient settings and 53.1% were performed in ambulatory settings across 28 states in the U.S. This is expected to positively influence the demand for ultrasonic electrosurgical devices in the coming years. Several manufacturers are focusing on developing technologically advanced ultrasonic electrosurgical devices to maintain a strong market presence.

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Ultrasonic Electrosurgical Devices Market Report Highlights

• Based on product, ultrasonic electrosurgical consumables accounted for the largest revenue share in 2020. They are generally disposable and have low durability compared to the ultrasonic electrosurgical generators
• By type, the high-intensity focused ultrasonic (HIFU) ablators segment held the largest share in 2020. This is attributed to the factors such as lowered toxicity as compared with the other techniques of ablation, minimal pain due to non-invasiveness, and low cost of procedure than surgery
• On the basis of application, the cardiology segment held the largest share in 2020. The increasing prevalence of cardiovascular diseases globally is anticipated to boost the segment growth
• The hospitals end-use segment is predicted to expandat the fastest growth rate over the forecast period due to the increasing number of patient visits and advanced infrastructure in hospitals as compared to other healthcare facilities
• North America dominated the market in 2020 and is predicted to maintain its lead over the forecast period. This is attributed to the increasing number of preventive surgeries and the growing burden of chronic disorders, such as cancer, diabetes, and autoimmune diseases

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Ultrasonic Electrosurgical Devices Market Segmentation

Grand View Research has segmented the global ultrasonic electrosurgical devices market on the basis of product, type, application, end use, and region:

Ultrasonic Electrosurgical Devices Product Outlook (Revenue, USD Million, 2017 - 2028)

• Generators
• Consumables

Ultrasonic Electrosurgical Devices Type Outlook (Revenue, USD Million, 2017 - 2028)

• High-intensity Focused Ultrasonic (HIFU) Ablators
• Magnetic Resonance-guided Focused Ultrasonic (MRGFUS) Ablators
• Ultrasonic Surgical Ablation Systems
• Shock Wave Therapy Systems

Ultrasonic Electrosurgical Devices Application Outlook (Revenue, USD Million, 2017 - 2028)

• Cardiology
• Gynecology
• General Surgery
• Urology
• Bariatric Surgery
• Others

Ultrasonic Electrosurgical Devices End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Hospitals
• Ambulatory Surgical Centers
• Others

Ultrasonic Electrosurgical Devices Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Ultrasonic Electrosurgical Devices Market

• Ethicon - Endo-Surgery
• Olympus Corporation
• Medtronic
• Misonix Inc.
• BOWA-electronic GmbH
• Söring GmbH
• Advanced Instrumentations
• Reach Surgical
• ITALIA MEDICA SRL
• SonaCare Medical
• Miconvey

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.

Foley Catheter Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 Foley Catheter Market Growth & Trends

The global foley catheter market size is expected to reach USD 2.57 billion by 2030, expected to expand at a CAGR of 5.81% during the forecast period, according to a new report by Grand View Research, Inc. The demand for foley catheters is anticipated to increase owing to the rising prevalence of urological diseases such as urinary incontinence, neurogenic bladder, growing incidence of spinal cord injuries, increasing elderly population, and favorable reimbursement policies.

The worldwide patient population faces a substantial healthcare challenge as a result of the COVID-19 pandemic. Patients suffering from different diseases have received subpar care as a result of limited access to medical services. The pandemic negatively affected sales of foley catheters. To stop the illness from spreading, surgeries are frequently delayed or even canceled. For instance, open and minimally invasive operations, endoscopic surgeries, clinic visits, and diagnostic procedures all fell by 40-100% in Italy, according to urology residents' research published in August 2021.

Additionally, residents in India reported a 90% drop in surgical volume, and more than 80% of them believed their education had been affected. According to the same source, a survey of urology residents in Latin America and Spain found that 15% had their urological service closed, with all activity devoted to COVID-19 patients. As a result, with the advent of the COVID-19 pandemic in 2020, foley catheter sales plummeted.

The majority of nations across the world have started to loosen lockup regulations and restart some elective surgeries, thus the market is anticipated to bounce back and expand over the projected period. Additionally, a high frequency of urologic disorders, technological improvements, strategic actions made by various players, and an increase in the elderly population are the primary drivers of the foley catheters industry expansion.

For instance, in June 2022, Sanford Health licensed its technology to InnoCare Urologics LLC. A Stanford health practitioner invented a urinary catheter for reducing damage from accidental pullout injuries. InnoCare has finished the necessary testing and has finalized the design with a manufacturer. Its next step is submission to the U.S. FDA to obtain market clearance.

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Foley Catheter Market Highlights

• By product type, 2-way foley catheters accounted for the largest market share of 51.84% in 2022. The growth of the segment is due to the increasing prevalence of urological disorders such as urinary tract infections (UTIs), kidney and ureteral stones, rising preference for minimally invasive surgeries coupled with the rising geriatric population
• Based on the end user, the hospital segment captured the largest market share with around 53.14% in 2022. The growth of this segment can mainly be attributed to a consequent rise in surgical procedures and an increase in the number of patients suffering from various chronic ailments.
• Asia Pacific is expected to become the fastest-growing market for foley catheters with a growth rate of 6.49% during the 2022-2030 period, due to a large number of surgical procedures and the growing geriatric population in the region

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Foley Catheter Market Segmentation

Grand View Research has segmented the global foley catheter market based on product type, material, indication, end-user, and region:

Foley Catheter Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• 2-way Foley Catheters
• 3-way Foley Catheters
• 4-way Foley Catheters

Foley Catheter Material Outlook (Revenue, USD Million, 2018 - 2030)

• Silicone Foley Catheters
• Latex Foley Catheters

Foley Catheter Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Urinary Incontinence
• Enlarged Prostate Gland/BPH
• Spinal Cord Injury
• Others

Foley Catheter End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Long Term Care Facilities
• Others

Foley Catheter Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Thailand
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Rest of MEA

List of Key Players in the Foley Catheter Market

• Sterimed Group.
• Angiplast Pvt Ltd
• HEMC (Hospital Equipment Manufacturing Company)
• Cardinal Health
• Advin Health Care
• AdvaCare Pharma
• Teleflex Incorporated
• GWS Surgicals LLP
• BACTIGUARD AB
• Medtronic
• Convatec Inc.
• Braun
• VOGT MEDICAL
• Ribbel International Limited 
• R. Bard (BD)
• Hollister Incorporated
• Coloplast

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.

Barbeque Grill Market Expected to Deliver Dynamic Progression By 2030

 Barbeque Grill Market Growth & Trends

The global barbeque grill market size is expected to reach USD 6.97 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.8% from 2024 to 2030.. The growing shift in lifestyles & eating habits and the rising popularity of grilled food owing to its nutritional benefits is expected to lead to the growth of the industry. The steadily increasing number of barbeque (BBQ) concept restaurants across the world is anticipated to boost product demand.

The consumers, especially the young generation, like to taste and experiment with new and unique food dishes. And most barbeque restaurants are increasingly offering live cooking, extensive buffet spread, vibrant atmosphere, and great music, which is expected to favor the growth of the barbeque grill over the forecast period. According to National Restaurant Association, there were over 1 million restaurant locations in the U.S. in 2020 and the industry revenue is projected to reach USD 899 billion in 2022.

Additionally, manufacturers are redoubling their efforts to capture market share by offering smaller, utilitarian items designed for outdoor purposes, which will help boost the adoption of these barbeque grills. For instance, the FireWire is a flexible skewer made of stainless-steel cable that enables users to prepare kabobs, fold them into a marinating bag, and place them directly onto the grill. In addition, products such as the Maverick GL-01 Fluorescent Stainless-Steel Light is a clip-on light that can be clipped onto the side tray of an outdoor grill are useful accessories for barbeque grills.

The market for barbeque grills is growing at a significant pace. Barbeque grill includes gas, electric, and charcoal-based for cooking in household and commercial kitchens. The growing awareness among individuals regarding different food/cuisine is likely to build a positive market scenario for barbeque grills. The increasing culture of house parties across western countries is triggering the usage of cooking appliances such as grillers and fryers and, therefore, consumers these days are increasingly installing various cooking appliances at their residences.

By product, the electric segment is expected to expand at the highest CAGR from 2021 to 2028. Economic electricity accessibility and rising concerns about eco-friendly appliances are drawing the attention of consumers toward technology-led food cooking appliances and thus consolidating the demand for electric barbeque grills. The appliance is safer than other counter products as it avoids gas leaks and fire accidents. Further, these come along with rotisserie attachments and non-stick grill plates giving them greater functionality. They can also be used instantly without any pre-heating leading to increased convenience. Growing adoption of these appliances can be attributed to their features such as hassle-free fire ignition, automatic temperature adjustment, and safe & smokeless operation, among others.

Commercial application of barbeque grills is estimated to be the largest category during the forecast period. Rapid construction in the commercial segment particularly the hospitality sector is expected to favor the growth of the barbeque grill industry. Increasing working performance in the hotel industry has resulted in a rise in hotel construction activities. Additionally, restaurants, food stations, food joints, and other public eateries are leveraging the growth prospects for the BBQ grill market.

North America is the largest regional market for barbeque grills and contributed a share of 57.4% in 2021. Americans love to have cookout outdoor parties and enjoy entertaining families and friends. People living in there prefer barbeque grilling at home for various festivals and celebrations. As per the report of the Hearth, Patio, and Barbeque Association (HPBA), nearly 75% of U.S. adults owns grills or a smoker to better serve the needs of barbeque grill enhancing the growth of the regional market.

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Barbeque Grill Market Report Highlights

• Based on product, the global BBQ grill market is segmented into gas, charcoal, and electric. Gas barbeque grill dominated the market with a share of 55.22% share in 2023. Gas is the most widely adopted product owing to its ability to run over different types of gases including propane, butane, and natural gases.
• In terms of application, the commercial segment dominated the global BBQ grill market while the household application is projected to grow at the fastest CAGR during the forecast period 2024 - 2030.
• Asia Pacific held a considerable market share in 2023 and is likely to grow at the highest pace over the forecast period. Growing demand for delicious cuisines, particularly from the younger generation in developing nations, and the growing hospitality industry including restaurants and hotels are driving the growth of the regional segment

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Barbeque Grill Market Segmentation

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

Barbeque Grill Product Outlook (Revenue, USD Million, 2018 - 2030)

• Gas
• Charcoal
• Electric

Barbeque Grill Application Outlook (Revenue, USD Million, 2018 - 2030)

• Household
• Commercial

Barbeque Grill Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarkets & Hypermarkets
• Specialty Stores
• Online
• Others

Barbeque Grill Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Spain
  • Italy
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa

List of Key Players of Barbeque Grill Market

• Newell Brand Inc.
• Spectrum Brands, Inc.
• The Middleby Corporation
• C. Bradley Co.
• Traeger Grills
• LANDMANN
• Weber-Stephen Products LLC
• Transform Holdco LLC
• Empire Comfort Systems
• RH Peterson Co.

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.