Plastics In Electrical And Electronics Market Size Is Anticipated To Reach USD 53.27 Billion by 2030

 Plastics In Electrical And Electronics Market Growth & Trends

The global plastics in electrical and electronics market size is anticipated to reach USD 53.27 billion by 2030 and it is projected to grow at a CAGR of 5.2% from 2024 to 2030, according to a new report by Grand View Research, Inc.

The global electrical & electronics market is vast and dynamic. It encompasses a wide range of products and services. The growth of this market across the world is driven by multiple factors, including ongoing technological advancements, rising consumer demand for electrical components and electronic devices, and increasing urbanization. Surging disposable income and increasing demand for energy efficiency are factors contributing to the growth of electrical & electronics market worldwide.

An expansion of electronics industry, driven by the emergence of 5G, IoT, and AI technologies, has driven the demand for plastics in electrical & electronics market. Moreover, increasing demand from building & construction industry globally is anticipated to boost demand for plastics across electrical & electronics industry.

Players across the market maintain a high market competition with the implementation of various strategic initiatives such as new Polymer launch, Polymerion expansion, merger & acquisitions, among others. For instance, in may 2023, SABIC announced its expansion of high-heat ULTEM resin portfolio by introducing new glass fibre-reinforced grades that would deliver high flow, custom colour ability, and high strength. This Polymer is well suited for electronic components such as fibre optics and electrical connectors.

The market is witnessing a transformation of the value chain from a linear economy into a circular one. Major players in the market are transitioning to a circular economy to obtain more sustainable solutions and minimize their dependency on crude oil in the future. This trend has led to a rise in the demand for renewable raw materials such as vegetable oil, and plastic waste to produce plastics in recent years.

The rising number of data centers across the world has increased the demand for electronic devices, electrical connectors, laptops, desktops, printing devices, server racks, and other such equipment that are developed from plastics. Polycarbonate is a prime plastic utilized across the IT server industry as it leads to the development of highly durable, flexible, and lightweight twin walls, wall-mounted enclosures, aisle containment panels, cooling system housings, etc.

Moreover, the surging demand for data servers owing to the prevailing trend of cloud computing has led companies such as Facebook, Inc., Amazon.com, Inc., Twitter, and Microsoft Corporation to install sever systems for data storage. This has contributed to the demand for polycarbonate (PC) and other plastics for use in the global IT server industry.

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Plastics In Electrical And Electronics Market Report Highlights

• The expansion of the electronics industry, driven by the emergence of 5G, IoT, and AI technologies, has driven the demand for plastics in electrical & electronics market. Moreover, increasing demand from building & construction industry across the globe is anticipated to boost the demand for plastics across electrical & electronics industry
• Based on polymer, PVC is commonly used for insulation, cable sheathing, and wire coatings. Its fire resistance and good electrical properties make it an ideal material for ensuring safety and reliability in electrical systems
• Smartphones, tablets, and computers are ubiquitous in consumer electronics, providing communication, entertainment, and productivity functions. Medical devices such as diagnostic, monitoring, and treatment systems rely on electronic components for accurate and reliable performance
• The demand for high-quality medical devices across countries such as China, India, and Singapore, is increasing on account of the rising healthcare expenditure which again increases in demand for the market as majority of the medical devices requires polymers, PCBs, electrical casings and others

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Plastics In Electrical And Electronics Market Segmentation

Grand View Research has segmented the global plastics in electrical and electronics market report based on polymer, application, and region:

Plastics In Electrical And Electronics Polymer Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Acrylonitrile butadiene styrene (ABS)
• Polypropylene (PP)
• Polyurethane (PU)
• Polyvinyl Chloride (PVC)
• Polyethylene (PE)
• Polycarbonate (PC)
• Polymethyl Methacrylate (PMMA)
• Polyamide (PA)
• Others

Plastics In Electrical And Electronics Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Wires & cables
• Electrical insulation
• Printed circuit boards (PCBs)
• Electronic devices
• Electrical connectors
• Others

Plastics In Electrical And Electronics Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • Italy
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • United Arab Emirates (UAE)
  • South Africa

List of Key Players In the Plastics In Electrical And Electronics Market

• BASF SE
• Ensinger, Inc.
• Covestro AG
• TORAY INDUSTRIES, INC.
• Radici Partecipazioni SpA
• RTP Company
• LOTTE Chemical Corporation
• Trinseo S.A.
• SABIC
• Evonik Industries AG
• Mitsubishi Chemical Group Corporation
• Arkema
• LyondellBasell Industries Holdings B.V.
• Celanese Corporation
• Exxon Mobil Corporation
• LG Chem
• INEOS Group
• CHIMEI

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.

Advanced Therapy Medicinal Products CDMO Market to Partake Significant Development During 2024 to 2030: Grand View Research Inc.

 Advanced Therapy Medicinal Products CDMO Market Growth & Trends

The global advanced therapy medicinal products CDMO market size is expected to reach USD 18.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 18.92% from 2024 to 2030, owing to rising clinical trials for advanced therapy medicinal products and the increasing awareness among researchers about the benefits of advanced therapies, driving the advanced therapy medicinal products (ATMP) CDMO market growth. Tissue engineering has greatly benefited in recent years from technological development. The damaged tissues and organ function are replaced or restored using this technique. Similarly, gene and cell therapy are attracting a lot of patients for the treatment of rare diseases, whose incidence is rising globally.

With rising demand for robust disease treatment therapies, key players have focused their efforts to ramp up research and development for effective gene therapies that target the cause of disorder at a genomic level. According to ASGCT, the number of cell and gene therapies in the U.S. pipeline programs (phase I-III trials) increased from 483 in 2021 to 529 in 2022. Furthermore, the FDA delivers constant support for innovations in the gene therapy field via a number of policies with regard to product manufacturing. In January 2020, the agency released six final guidelines on the manufacturing and clinical development of safe & efficient gene therapy products.

Moreover, awareness about ATMP treatment options is being driven by initiatives aimed at informing the public about the benefits of these products, which, in turn, is leading to increased adoption of advanced therapies and fueling market growth for CDMOs. For instance, Alliance for Regenerative Medicine Foundation for Cell and Gene Medicine prioritizes activities for increasing public awareness through educational programs, underlining the clinical & societal benefits of regenerative medicine.

Increasing clinical trial activity along with new product launches generates growth opportunities for the market. As of 2022, there are 1451 ATMPs in preclinical stages and 535 are being studied in Phase 1 to 3 studies. Since August 2020, EMA has approved six of these additional ATMPs, and five more will be approved by 2023. In the UK, there were approximately 168 advanced therapy medicinal product trials underway in 2021, up from the 154 studies reported the year before, which is a 9% increase. 2021 saw a 32% increase in phase 1 trials, indicating a significant shift from experimental medicines to first-in-human studies.

On the other hand, key players are undertaking various strategic initiatives to introduce novel products, which is expected to propel market growth. For instance, in March 2021, CureVac N.V. signed a partnership agreement with Celonic Group, engaged in the manufacture of CVnCoV, CureVac’s mRNA-based COVID-19 vaccine candidate. CureVac's COVID-19 vaccine candidate is manufactured at Celonic's commercial manufacturing unit for ATMPs and biologics in Heidelberg, Germany. Under the terms of the commercial supply agreement, the Celonic facility could produce over 100 million doses of CVnCoV.

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Advanced Therapy Medicinal Products CDMO Market Report Highlights

• The gene therapysegment held the largest share of over 49.2% in 2023. Increase in financial support and rise in number of clinical trials for gene therapies are driving demand for the gene therapy segment.
• The cell therapysegment is expected to show lucrative growth over the forecast period. The field of cellular therapeutics is constantly advancing with inclusion of new cell types, which, in turn, provides ample opportunities for companies to enhance their market positions.
• The oncology segment accounted for the largest revenue share in 2023. The segment’s dominance is attributed to disease burden, strategic initiatives undertaken by key players, and availability of advanced therapies used for treating various cancer indications.
• The phase I segment dominated the market in 2023 due to growing R&D activities and increasing number of human trials for advanced therapies.
• North America dominated the overall market share of 49.0% in 2023. This can be attributed to increasing outsourcing activities and rising awareness about advanced therapy.
• The Asia Pacific region is expected to grow at the fastest CAGR over the forecast period due to the increasing demand for novel ATMPs and rising R&D activities to develop novel therapies.

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Advanced Therapy Medicinal Products CDMO Market Segmentation

Grand View Research has segmented the global advanced therapy medicinal products CDMO market report based on product, phase, indication, and region:

Advanced Therapy Medicinal Products CDMO Product Outlook (Revenue, USD Million, 2018 - 2030)

• Gene Therapy
• Cell Therapy
• Tissue Engineered
• Others

Advanced Therapy Medicinal Products CDMO Phase Outlook (Revenue, USD Million, 2018 - 2030)

• Phase I
• Phase II
• Phase III
• Phase IV

Advanced Therapy Medicinal Products CDMO Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Oncology
• Cardiology
• Central nervous system
• Musculoskeletal
• Infectious disease
• Dermatology
• Endocrine, metabolic, genetic
• Immunology & inflammation
• Ophthalmology
• Hematology
• Gastroenterology
• Others

Advanced Therapy Medicinal Products CDMO Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Advanced Therapy Medicinal Products CDMO Market

• Celonic
• Bio Elpida
• CGT Catapult
• Rentschler Biopharma SE
• AGC Biologics
• Catalent
• Lonza
• WuXi Advanced Therapies
• BlueReg
• Minaris Regenerative Medicine
• Patheon

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.

Beauty Pillowcases Market Significant Profits Estimated to be Generated by 2030: Grand View Research Inc.

 Beauty Pillowcases Market Growth & Trends

The global beauty pillowcases market size is expected to reach USD 1.49 billion by 2030 and is expected to grow at a CAGR of around 6.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Consumers are becoming increasingly aware of the potential health and ecological benefits associated with natural and organic fibers such as silk, bamboo, linen, etc. Sustainability certifications and ethical sourcing practices are important for beauty pillowcase products due to increased demand from the growing middle class and the influence of online shopping.

Increasing consumer spending on self-care and luxury home décor products has led to a high preference for luxury silk and satin products owing to potential benefits in skincare and anti-aging applications. According to the results of a study by the National Sleep Foundation based in Virginia, the key to a good night’s sleep is a comfortable bedroom. A clinical trial on 40 participants found that sleeping on a silk pillowcase significantly reduced the appearance of acne compared to those sleeping on cotton.

The e-commerce boom is driving the increased demand for beauty pillowcases by providing consumers with convenient access to a wide array of options and the ability to make informed purchase decisions online. The growing popularity of e-commerce has prompted manufacturers to introduce their products on popular websites like Amazon.com, Alibaba.com and Walmart to reach a wider customer base. As per 2023 a Cotton Incorporated survey around 52% of consumers in the U.S. still prefer buying their sheets and bedding from physical stores, although online shopping is also quite popular at 42 percent is growing at a faster pace.

Social media, beauty bloggers, and dermatologists are spreading the word about the potential benefits of beauty pillowcases. These pillowcases are designed to reduce wrinkles, prevent acne, and improve hair health. Brands are constantly innovating and expanding their offerings in emerging countries, with blends of silk, satin, and bamboo for enhanced performance and affordability. For instance, in 2020, the British brand Mayfairsilk launched its silk pillowcases and silk bedding collection across its five stores in Dubai in the winter of 2022. Mayfairsilk is known for its high momme silk and unique matte finish, with OEKO-Tex Standard 100 certification. The company has been focusing on expanding its brand beyond the UK into the US and the Middle East countries.

The market is currently under significant pressure due to the increasing demand for sustainable fabrics in bedding products. Europeans place a high value on taking care of their skin and preventing signs of aging. Beauty pillowcases, particularly those made of silk or satin and infused with hyaluronic acid or collagen, are popular for their claims of reducing wrinkles and improving skin tone. Eco-conscious consumers prefer natural fibers such as bamboo and biodegradable silk, which are often considered more luxurious and gentle on the skin than synthetic alternatives.

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Beauty Pillowcases Market Report Highlights

• Silk pillowcases dominated the market in 2023. Silk pillowcases are known to improve skin and hair hydration, prevent fine lines and wrinkles, and result in smoother and less frizzy hair. Due to the availability of several brands of silk pillowcases through both online and offline distribution channels, the demand for these products has increased significantly
• Demand from zippered pillowcases products is expected to surge in the forecast period. Zippered pillowcases are a great solution for frequent travelers who frequently change pillowcases. They offer added benefits, such as convenience, hygiene, and beauty. Zipper beauty pillowcases are suitable for several types of fabrics including luxurious silk and satin, breathable linen and cooling Tencel
• Supermarkets & hypermarkets held the majority share in the overall sales channel in 2023 due to their promotional strategies, such as discounts and bundled offers, to attract budget conscious customers and drive sales. Moreover, they offer wide reach, convenience and have a diverse range of pillowcase from various brands, catering to a wide variety of consumer needs and preferences
• Demand from haircare applications is expected to surge in the forecast period. Haircare influencers and bloggers are increasingly emphasizing the benefits of using beauty pillowcases. This increased exposure is driving awareness and demand, especially among young and trend-conscious consumer
• Asia Pacific market is anticipated to grow with the highest CAGR over the forecast period. This is due to factors like increasing urbanization, rising disposable incomes and spending on home décor products are attracting consumers towards high-quality silk, satin, bamboo and other natural fiber materials

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Beauty Pillowcases Market Segmentation

Grand View Research has segmented the global beauty pillowcases market based on product, type, distribution channel, application, and region:

Beauty Pillowcases Product Outlook (Revenue, USD Million, 2018 - 2030)

• Silk
• Satin
• Bamboo
• Others

Beauty Pillowcases Type Outlook (Revenue, USD Million, 2018 - 2030)

• Zippered
• Envelope
• Others

Beauty Pillowcases Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarkets and Hypermarkets
• Specialty Stores
• Online
• Others

Beauty Pillowcases Application Outlook (Revenue, USD Million, 2018 - 2030)

• Hair Care
• Skin Care
• Anti-Aging

Beauty Pillowcases 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 of the Beauty Pillowcases Market

• Suzhou Stitch Textile Technology Co., Ltd.
• Blissy
• Mayfairsilk
• Slip Silk Pillowcase LLC
• John Lewis plc
• Zhejiang Jiaxin Silk Corp., Ltd.
• Poshey LLC
• BEAUSILK
• Anhui Comfytouch Ltd
• Benu Blanc

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.

Global Market for Complementary And Alternative Medicine For Anti-aging & Longevity to Reflect Steadfast Expansion During 2024-2030: Grand View Research Inc.

 Complementary And Alternative Medicine For Anti-aging & Longevity Market Growth & Trends

The global complementary and alternative medicine for anti-aging and longevity market size is expected to reach USD 247.9 billion by 2030, as per a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 21.5% from 2024 to 2030. Growing household income in developed countries, acceptance of herbal and ayurvedic medicine, and increasing age-related diseases have majorly the market for complementary and alternative medicine (CAM) for anti-aging and longevity.

In the traditional alternative medicine/botanicals intervention segment, Ayurveda led the market in 2023 as cosmetic market players are involved in the R&D of Ayurveda-based anti-aging cosmeceuticals. The mind healing segment is expected to witness steady growth from 2024 to 2030 due to the rising acceptance of meditation and mindfulness in corporate offices. The sensory healing segment is expected to expand at a considerable CAGR over the forecast period due to the increasing popularity in hospitals and clinics. For instance, in October 2021, Spatial, an audio platform, partnered with HealthTune scientific and Catalyst by Wellstar to use sensory healing to reduce stress and anxiety of frontline healthcare workers.

Ayurveda is acknowledged as a medicine in 16 countries including Brazil, Switzerland, Hungary, Nepal, Bahrain, UAE, and Saudi Arabia. Whilst, some regions such as Romania, Hungary, Ontario, and Turkey regulate ayurvedic practices. In the U.K., it is a part of the National Health Policy. Thus, increasing acceptance of ayurvedic medicine is expected to drive the complementary and alternative medicine market to a major extent. In addition, insurance coverage by public and private players is anticipated to fuel market growth.

COVID-19 has become a catalyst for the implementation of CAM therapies in day-to-day life. Owing to the pandemic, online yoga classes witnessed a 25% increase in enrollment level. Similarly, in the COVID-19 pandemic, the demand for yoga equipment accelerated by 154%. Key players and governing regulatory bodies are undertaking various strategic initiatives such as regional expansion to develop their presence in the market.

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Complementary And Alternative Medicine For Anti-aging & Longevity Market Report Highlights

• By intervention, the traditional alternative medicine/botanicals segment held the largest revenue share in 2023. It is expected to maintain the trend in the forecast period owing to the increasing use of spiritual techniques as well as herbal medicines in disease management across the globe
• Based on the customer, high net worth (HNW) individuals held the second-largest revenue share in 2023 owing to high disposable income and better awareness regarding CAM therapies in the space of anti-aging and longevity
• Europe emerged as the highest revenue-generating region in 2023 owing to high disposable income countries, increasing popularity of CAM modalities, and aging population
• MEA is anticipated to expand at the highest CAGR throughout the forecast period. It is anticipated that Kuwait and Qatar are majorly contributing to the regional market growth
• In June 2021, the government of India launched the “mYoga” application, developed by Morarji Desai National Institute of Yoga, Ministry of Ayush in partnership with the WHO. The app contains the practice and training audios and videos based on Common Yoga Protocol. The objective is to promote one world, one health

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Complementary And Alternative Medicine For Anti-aging & Longevity Market Segmentation

Grand View Research has segmented the global complementary and alternative medicine for anti-aging and longevity market on the basis of intervention, customer, and region:

CAM For Anti-aging & Longevity Intervention Outlook (Revenue, USD Million, 2018 - 2030)

• Traditional Alternative Medicine/Botanicals
  • Ayurveda
  • Naturopathic Medicine
  • Traditional Chinese Medicine
  • Zang Fu Theory
  • Others
• Body Healing
  • Yoga
  • Acupuncture & Massage
  • Chiropractic
  • Qigong & Tai chi
  • Kinesiology
  • Reflexology
  • Eurythmy
  • Others
• Mind Healing
  • Meditation & Mindfulness
  • Relaxation
  • Others
• External Energy Healing
  • Magnetic & Electromagnetic therapy
  • Chakra healing
  • Reiki
  • Others
• Sensory Healing
  • Aromatherapy
  • Sound healing

CAM For Anti-aging & Longevity Customer Outlook (Revenue, USD Million, 2018 - 2030)

• High Net Worth (HNW) Individuals
• Very High Net Worth (VHNW) Individuals
• Ultra-high Net Worth (UHNW) Individuals
• Others

CAM For Anti-aging & Longevity Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Complementary And Alternative Medicine (CAM) For Anti-aging & Longevity Market

• Centre Chiropractic De La ColonneVertébrale
• Anadolu Medical Center
• Sinomedica
• Acupuncture Enfants
• Ayurveda Kuwait
• Maya Reiki School
• Maylilacs
• Al Zuhair Holistic Medicine Center
• Ayurmana By Dharma Ayurveda
• Trinicum
• Miskawaan Health Group
• Therme Wien
• Healthpi
• Vivamayr
• Optimal Spine And Joint Center
• First Chiropractic Centre
• Lama Polyclinic LLC
• Al ManarAyurvedic Center
• American Chiropractic Center
• Qatar Chiropractic & Physiotherapy Clinic
• Satyamani
• Elixir Health Center
• Paris (AnabelChantellier)
• Transforma Health
• Swiss Ayurvedic Medical Academy
• Clinic Les Alpes
• Paracelsus KlinikLustmühle Ag
• Swiss Alternative Medicine
• Turnpaugh Health & Wellness
• The Center For Natural And Integrative Medicine
• Angel Longevity Medical Center
• Peaks Of Health Metabolic Medical Center
• JscmTcm Clinic
• London Hydrotherapy
• Ming Chen Clinic
• Ukacupuncture Clinic
• Bionorica Se
• Weg Der Mitte
• Pascoe Natural Medicine
• Brixsana Private Clinic
• Homeopathy Vescovio Center
• Sha Wellness Clinic
• Sukha Ayurveda
• SarriaQuiropractica
• Natural Healing Acupuncture Medical Center
• Kindcare Medical Center
• Cure
• Aviv Clinics
• Seva Experience
• Bahrain Hospital & Health Resort
• Intouch Clinic
• International Chinese Body Care Houses
• Doha Chiropractic Center
• Specialized Medical Center Hospital
• Care
• Almoyassar Physical Therapy Center
• Muroona Clinic & Fitness
• Terme Di RioloSrl
• Mei Spa

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.

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.