Spinal Implants And Devices Market to Reach $19.0 Billion by 2030: Grand View Research Inc.

 Spinal Implants And Devices Market Growth & Trends

The global spinal implants and devices market size is expected to reach USD 19.0 billion by 2030, registering a CAGR of 5.4% from 2024 to 2030, according to a new study by Grand View Research, Inc. The growing incidences of spinal cord injuries (SCIs) is a major factor contributing to market growth. For instance, the Centers for Disease Control and Prevention (CDC) estimates that SCIs cost the country around USD 9.7 billion annually.

According to estimates from the National Spinal Cord Injury Association, around 450,000 people in the U.S. are living with spinal cord injuries (SCIs), and about 17,000 new cases are reported annually. This increase in SCI prevalence has led to a higher demand for spinal implants and devices. The World Health Organization (WHO) states that nearly 90% of SCI incidents are due to traumatic events, though the incidence of non-traumatic SCIs is also on the rise. Additionally, it has been noted that between 20% and 30% of individuals with SCI experience significant levels of depression, which negatively impacts their functional recovery and overall well-being. The challenges faced by SCI patients are often exacerbated by limited access to necessary medical care and rehabilitation services.

Advancements in spine surgery technology are driving the expansion of the market. Carlsmed, for example, has launched Aprevo, a cutting-edge interbody solution that comprehensively addresses adult spinal deformity (ASD) through a digital approach. This innovative system utilizes custom 3D-printed implants designed for each patient based on their unique imaging data. Made of titanium, these Aprevo implants are customizable in various aspects, including coronal and lordotic angles, shape, size, and height. Such customization allows for the creation of tailored treatment plans that meet the precise needs of both patients and surgeons, offering an effective approach to managing ASD.

Moreover, introduction of robotic spine surgery, also referred to as robotic-assisted spine surgery has further propelled the market growth. It is a minimally invasive surgical procedure that involves the use of robotic systems to aid the surgeon during the operation. This innovative technique combines the precision and accuracy of robotic technology with the skills and decision-making capabilities of the surgeon and also works as a 3D imaging system.

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Spinal Implants And Devices Market Report Highlights

• Based on product, the spinal fusion devices segment accounted for the revenue share of58.4% in 2023 owing to the technological advancements in spine fusion surgery with or without internal fixation
• Based on technology, spinal fusion and fixation technologies segment accounted for the largest market share in 2023. The growth is attributed to their coverage of a broad range of surgical methods, including both posterior and anterior methods
• Based on surgery type, open surgery segment accounted for the largest revenue share in 2023 owing to their flexibility in addressing complex spinal conditions that may require extensive intervention or correction
• Based on procedure type, laminotomy segment accounted for the largest revenue share in 2023 owing to the need to address specific conditions such as spinal stenosis or narrowing of the spinal canal

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Spinal Implants And Devices Market Segmentation

Grand View Research has segmented the global spinal implants and devices market based on product, technology, surgery type, procedure type, and region:

Spinal Implants And Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

• Spinal Fusion Devices
  • Thoracic & Lumbar Fusion Devices
  • Cervical Fusion Devices
• Spinal Biologics
  • Allografts
  • Xenografts
  • DBM
  • BMP
  • Synthetic Bone Grafts
• Vertebral Compression Fracture Treatment Devices
• Non-fusion Devices
• Spinal Bone Growth Stimulators

Spinal Implants And Devices Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Spinal Fusion and Fixation Technologies
• Vertebral Compression Fracture Treatment
  • Vertebroplasty
  • Kyphoplasty/Vertebral Augmentation
• Motion Preservation Technologies

Spinal Implants And Devices Surgery Type Outlook (Revenue, USD Million, 2018 - 2030)

• Open Surgery
• Minimally Invasive Surgery

Spinal Implants And Devices Procedure Type Outlook (Revenue, USD Million, 2018 - 2030)

• Discectomy
• Laminotomy
• Foraminotomy
• Corpectomy
• Facetectomy

Spinal Implants And Devices Region Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Spinal Implants And Devices Market

• Medtronic
• Johnson & Johnson
• Stryker
• NuVasive
• Zimmer Biomet
• Globus Medical, Inc.
• Alphatec Spine, Inc
• Orthofix Holdings, Inc
• RTI Surgical Holdings
• Ulrich GmbH & Co. KG
• Braun Melsungen AG
• Seaspine Holdings Corporation

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.

Expansion of Virtual Cards Market During 2023 – 2030 to Gain Robust Traction: Grand View Research Inc.

 Virtual Cards Market Growth & Trends

The global virtual cards market size is expected to reach USD 60.06 billion by 2030, expanding at a CAGR of 20.9% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The increasing usage of digital payment platforms is creating the demand for virtual cards worldwide, which is anticipated to drive the growth of the market. In addition, various types of virtual cards offer the consumer a particular set of benefits, such as efficiency and convenience, which also bodes well for the growth of the market.

Virtual cards are changing the financial landscape by introducing a new level of protection for everyone involved in the payment transaction. Hospitality is one industry that has endorsed the use of virtual cards. Moreover, virtual cards are creating the possibility of making payments more dynamic during the check-in and check-out process for the consumers.

The investments being raised by virtual card solution providers are expected to create new possibilities for the growth of the market during the projected period. For instance, in May 2022, MasterCard and fintech company OPay announced their collaboration, paving the way for access to financial services and economic prosperity by bringing digital commerce to thousands of people in the Middle East and Africa. With this collaboration, OPay consumers and merchants in this region will be able to engage with brands and businesses anywhere in the world.

The COVID-19 pandemic is expected to play a crucial role in driving the growth of the market during the forecast period. People are opting for contactless and digital payments due to the pandemic outbreak, thereby opening new opportunities for the growth of the market. Furthermore, these cards offer contactless payment solutions and are widely accepted at most of the payment gateways and mobile applications such as PayPal and Google Pay which is projected to drive the market growth post-pandemic.

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Virtual Cards Market Report Highlights

• The credit card segment is expected to witness the fastest growth during the forecast period. The growing e-commerce businesses worldwide is expected to drive the demand for virtual credit card among consumers, thereby contributing to the segment's growth.
• The B2C remote payment virtual cards segment is expected to witness significant growth during the projected period. The growth of the segment can be attributed to the increasing real-time digital disbursements in mobile platforms worldwide.
• The business use segment is anticipated to dominate the market during the forecast period. Businesses across the globe are adopting virtual card payments to streamline their payment processes and meet their evolving customer needs, which is one of the vital factors that propelled the segmental growth in 2022.
• The Asia Pacific regional market is expected to witness the fastest growth during the projected period. The increasing internet penetration across the region is expected to play a decisive role in driving regional market growth.

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Virtual Cards Market Segmentation

Grand View Research has segmented the global virtual cards market based on card type, product type, application, and region.

Virtual Cards Card Type Outlook (Revenue, USD Million, 2017 - 2030)

• Credit Card
• Debit Card

Virtual Cards Product Type Outlook (Revenue, USD Million, 2017 - 2030)

• B2B Virtual Cards
• B2C Remote Payment Virtual Cards
• C2B POS Virtual Cards

Virtual Cards Application Outlook (Revenue, USD Million, 2017 - 2030)

• Business Use
• Consumer Use

Virtual Cards Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Virtual Cards Market

• American Express Company
• BTRS Holdings, Inc.
• Wise Payments Limited
• JPMorgan Chase & Co.
• Marqeta, Inc.
• Mastercard
• Skrill USA, Inc.
• Stripe, Inc.
• WEX, Inc.
• Adyen

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 MRNA Therapeutics Contract Development & Manufacturing Organization Market to Register Stable Expansion During 2024 – 2030: Grand View Research Inc.

 mRNA Therapeutics Contract Development & Manufacturing Organization Market Growth & Trends

The global mRNA therapeutics contract development & manufacturing organization market size is expected to reach USD 8.35 billion by 2030, registering a CAGR of 11.28% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing technological advancements in mRNA and cellular delivery systems, coupled with their cost effectiveness, manufacturing simplicity, and ability to target previously undruggable pathways, have limitless potential to revolutionize medicine. This could represent lucrative growth opportunities for the market. Increasing R&D investments to develop mRNA therapeutics and a strong product pipeline are also propelling the market’s growth. For instance, Moderna shared that R&D expenses for the fourth quarter of 2023 increased by 16% to USD 1.4 billion compared to the same quarter of 2022.

The R&D spending was driven by increased clinical manufacturing activities, with the company’s Cytomegalovirus (CMV) vaccine, RSV vaccine, and combination vaccine against COVID-19 & flu, as well as its individualized neoantigen therapy. Such factors are expected to boost research efforts in mRNA therapeutics. In addition, developing novel therapeutics to address unmet medical needs is altering the product market. The rise in molecular complexity drives the need for in-depth knowledge in research and manufacturing services, as well as the technology to enable sustainable expression and scale-up of novel molecular formats. Platform technologies, such as those for bioconjugation or the creation of bispecific antibodies, can drastically shorten development and production times, and customers are looking for skilled CDMOs who can assist them shorten the time to market and reducing investment risk. Consequently, the need for CDMOs to design and produce goods for the pharmaceutical and biotechnology industries is growing exponentially.

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mRNA Therapeutics Contract Development & Manufacturing Organization Market Report Highlights

• The viral vaccines segment dominated the market with a share of 100.00% in 2023. Growth in the segment can be attributed to the rising availability and launch of various vaccines for the treatment of viral infection (COVID-19)
• The infectious diseases segment held the largest market share in 2023 due to the growing incidence of infectious diseases, several advantages of mRNA vaccine over conventional vaccines, emerging clinical studies & pipeline analysis, and increasing collaboration between pharmaceutical companies & CDMO for production
• The biotech companies end-use segment dominated the market and accounted for a share of more than 60.00% in 2023. The segment growth is driven by increasing strategic initiatives, such as partnerships & collaborations with CDMOs, to manufacture mRNA vaccines
• Asia Pacific is expected to register the fastest growth rate of 10.83% from 2024 to 2030. Due to the rising number of pharmaceutical companies and contract manufacturing organizations in developing countries like India and China, Asia Pacific is likely to overtake Europe and North America in the near future

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mRNA Therapeutics Contract Development & Manufacturing Organization Market Segmentation

Grand View Research has segmented the global mRNA therapeutics contract development & manufacturing organization market based on application, indication, end-use, and region:

mRNA Therapeutics CDMO Application Outlook (Revenue, USD Million, 2018 - 2030)

• Viral Vaccines
• Protein Replacement Therapies
• Cancer Immunotherapies

mRNA Therapeutics CDMO Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Infectious Diseases
• Metabolic & Genetic Diseases
• Cardiovascular & Cerebrovascular Diseases

mRNA Therapeutics CDMO End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Biotech Companies
• Pharmaceutical Companies
• Government & Academic Research Institutes

mRNA Therapeutics 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
  • Indonesia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in the mRNA Therapeutics Contract Development & Manufacturing Organization Market

• Danaher (Aldevron)
• Biomay AG
• Bio-Synthesis, Inc.
• eTheRNA
• Kaneka Eurogentec S.A.
• TriLink BioTechnologies
• ApexBio Technology
• BioNTech SE
• Biocina
• Lonza
• Recipharm AB.
• Novo Holdings (Catalent, Inc.)
• Samsung Biologics

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.

Camping Cooler Market Is Expected To Accomplish A Valuation Of Around $1,207.9 Million By 2030: Grand View Research Inc.

 Camping Cooler Market Growth & Trends

The global camping cooler market size is expected to reach USD 1,207.9 million by 2030, registering a CAGR of 3.5% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to witness considerable growth over the forecast period owing to the adoption of innovative technologies for manufacturing chillers and the growing inclination of people spending time outdoors in the wild.

Millennials continue to change the camping landscape through their growing participation in various physical or recreational activities, such as backpacking, mountain biking, and hiking, which is indirectly increasing the popularity of camping iceboxes.

As per Outdoor Industry Association’s report in 2017, the annual consumer spending on outdoor recreational activities in North America amounted to USD 887 billion, which is much higher than the amount spent on essential amenities, including education, fuel, and medical care. It has been observed that annually, around 50% of the U.S. population participates in at least one outdoor activity.

Prominent manufacturers in the camping and outdoor cooler market assemble parts manufactured by third-party vendors and integrate those with their distinctive technology for developing their end product. For instance, Yeti Coolers, LLC outsources product parts from its partners, including Hedstrom Plastics and Solar Plastics, Inc., for manufacturing its rotomolded chillers.

Key camping cooler manufacturers are engaging in retail through e-commerce and brick and mortar stores to expand their product reach. For instance, in February 2017, Yeti Coolers, LLC launched its first retail store in Texas to expand its regional footprint. The store offers an immersive experience to create a permanent brand reputation in the minds of the customer. The store resembles a museum with a variety of products and merchandise displayed, along with marquee exhibits.

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Camping Cooler Market Report Highlights

• The 50-75 quarts volume segment accounted for a market share of approximately 38.1% in 2022.
• In 2022, Hard coolers are expected to emerge as the dominant segment over the forecast period.
• The dry camping application segment accounted for over 38.8% of the total revenue in 2022.
• The North American region held the maximum share in 2022 and is anticipated to continue its dominance over the camping cooler market over the forecast period.

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Camping Cooler Market Segmentation

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

Camping Cooler Volume Outlook (Revenue, USD Million, 2017 - 2030)

• < 25 quart
• 25-50 quart
• 50-75 quart
• 75-100 quart
• > 100 quart

Camping Cooler Product Outlook (Revenue, USD Million, 2017 - 2030)

• Hard Cooler
• Soft Cooler
• Others

Camping Cooler Application Outlook (Revenue, USD Million, 2017 - 2030)

• Dry Camping
• Backpacking
• Off-road/RV Camping
• Others

Camping Cooler Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Camping Cooler Market

• Yeti Coolers, LLC
• AO Coolers
• The Coleman Company Inc.
• Pelican Products Inc.
• Outdoor Active Gear
• Igloo Products Corp
• Grizzly Coolers
• Bison Coolers
• Orca
• Stanley Black & Decker, 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.

Organoids And Spheroids Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 Organoids And Spheroids Market Growth & Trends

The global organoids and spheroids market size is expected to reach USD 3.26 billion by 2030, registering a CAGR of 23.11% during the forecast period, according to a new report by Grand View Research, Inc., A rise in the adoption of organoid cultures in drug discovery, and rising demand for cell therapy and tissue engineering across the globe is expected to drive the market.

3D spheroids are considered as an important aspect of tissue engineering and regenerative medicine research as they can be used as building blocks for the generation of complex tissues and organs. In addition, the potential of 3D cell cultures to be used as models for drug screening and analysis of human disorders are expected to provide ample growth opportunities to the market in the near future.

A rise in the adoption of organoid cultures for the assessment of the mechanism of human-specific disorders is expected to enhance the market growth. For instance, human organoids have helped in the analysis of a wide range of tissues including the small intestine, prostate, brain, and liver. The promise of the generation of 3D cell cultures that resemble human organs has brought an enormous potential for the use of organoids as cell therapies, and as prospective substitutes for whole-organ transplantation.

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Organoids And Spheroids Market Report Highlights

• The spheroids segment is anticipated to dominate the market throughout the analysis period
• Higher adoption of 3D spheroids in the fields of drug discovery, disease modeling, and safety testing is a key factor driving the segment
• The developmental biology application segment accounted for the largest revenue share in 2023 as the development of organoids from Induced Pluripotent Stem Cells (iPSCs) have paved way for dynamic observation of cell development and propelled the adoption of mechanistic studies for human development
• Biotechnology and pharmaceutical industries dominated the end-use segment in the market in 2023. This is because of the high utilization rate of organoids and spheroids in pre-clinical drug discovery by pharma entities
• In addition, these players are actively involved in the development of advanced products that enhance the efficiency of organoid and spheroid generation.
• In North America, the market generated the highest revenue in 2023 due to higher adoption of technologically advanced cell culture platforms, and the presence of a large number of universities and academic institutions actively involved in cell and organ-based studies
• In addition, a higher adoption rate of organoid and spheroid culture products and efficient healthcare infrastructure in North America is attributive to the largest revenue generation from the region
• In Asia Pacific, the market is anticipated to witness lucrative growth over the forecast period.
• Presence of key players and government organizations such as STEMCELL Technologies, Australasian Society for Stem Cell Research (ASSCR), The Japanese Society for Regenerative Medicine, The Korean Society for Stem Cell Research (KSSCR), and others are expected to enhance the penetration of organoid and spheroid culture in Asia
• The key players are constantly involved in research and development of new products so that they can enhance their market position

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Organoids And Spheroids Market Segmentation

Grand View Research has segmented the global organoids and spheroids market on the basis of type, application, end-use, and region:

Organoids And Spheroids Type Outlook (Revenue, USD Million, 2018 - 2030)

• By Type
  • Organoids
    • By Type
      • Neural Organoids
      • Hepatic Organoids
      • Intestinal Organoids
      • Other Organoids
    • By Method
      • General Submerged Method for Organoid Culture
      • Crypt Organoid Culture Techniques
      • Air Liquid Interface (ALI) Method for Organoid Culture
      • Clonal Organoids from Lgr5+ Cells
      • Brain and Retina Organoid Formation Protocol
      • Other
    • By Source
      • Primary Tissues
      • Stem Cells
    • Spheroids
      • By Type
        • Multicellular tumor spheroids (MCTS)
        • Neurospheres
        • Mammospheres
        • Hepatospheres 
        • Embryoid bodies
      • By Method
        • Micropatterned Plates
        • Low Cell Attachment Plates
        • Hanging Drop Method
        • Others
      • By Source
        • Cell Line
        • Primary Cell
        • iPSCs Derived Cells

Organoids And Spheroids Application Outlook (Revenue, USD Million, 2018 - 2030)

• Developmental Biology
• Personalized Medicine
• Regenerative Medicine
• Disease Pathology Studies
• Drug Toxicity & Efficacy Testing 

Organoids And Spheroids End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Biotechnology and Pharmaceutical Industries
• Academic & Research Institutes
• Hospitals and Diagnostic Centers

Organoids And Spheroids Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Organoids And Spheroids Market

• 3D Biomatrix
• 3D Biotek LLC
• AMS Biotechnology (Europe) Limited
• Cellesce Ltd.
• Corning Incorporated
• Greiner Bio-One
• Hubrecht Organoid Technology (HUB)
• InSphero
• Lonza
• Merck KGaA
• Prellis Biologics
• STEMCELL Technologies Inc.
• Thermo Fisher Scientific, 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.

Digital Out-of-home Advertising Market Overview, Analysis And Forecast To 2030: Grand View Research Inc.

 Digital Out-of-home Advertising Market Growth & Trends

The global digital out-of-home advertising market size is expected to reach USD 32.63 billion by 2030, growing at a CAGR of 11.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing rapid urbanization in emerging economies is accelerating market growth. The increasing popularity of digital outdoor advertising among the various industries in recent years to offer information about their products and company is expected to accelerate market growth. Moreover, the rising effectiveness of digital out-of-home advertising in developing countries due to variables like consumer perception, creative ad design, and geo-location is surging market growth over the upcoming years. For instance, in April 2023, Lamar Advertising Company, an outdoor advertising company, and Vistar Media, Inc., a location-based ad technology company, announced the release of the new Denver Transit DOOH network. The new network currently confines over 55 futuristic art digital displays, entirely supported by Vistar’s DOOH software solutions.

Moreover, digital out-of-home advertising is gaining popularity rapidly due to more customer engagement and rising brand awareness. Furthermore, a lockdown was observed during the COVID-19 pandemic, which negatively impacted the digital out-of-home advertising market due to many advertisers slashing marketing budgets or pausing advertising spending during this period. Moreover, the increasing spending on out-of-home advertising after the ease of several restrictions is expected to boost market growth over the forecast period.

The transit & transportation segment is expected to register the highest CAGR over the forecast period. The increasing adoption of digital outdoor advertising for brand awareness and promotion of various products through various transport modes has significantly accelerated this segment's growth. Additionally, rising investment in digital out-of-home advertising by various advertisers due to the high engagement of customers in the transit & transportation segment is driving the market growth. Moreover, the rising popularity of out-of-home advertising for promoting government policies and increasing awareness about various schemes are driving the market's growth.

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Digital Out-of-home Advertising Market Report Highlights

• The billboards segment contributed to the largest market share of over 67% in 2022. Digital billboards allow advertisers to easily change their messages and creatives, creating more dynamic and engaging advertising campaigns. This can help attract and hold viewers' attention, increasing the advertising's effectiveness
• The automotive segment is predicted to foresee significant growth in the forecast period. Advertisers recognize the value of reaching consumers in captive indoor environments and are investing in this medium to engage with their target audience effectively
• The real estate segment is estimated to grow significantly over the forecast period. With the increasing popularity of online home searches and virtual tours, real estatecompanies are adapting their advertising strategies to include more digital components
• North America dominated the market in 2022, accounting for over 36% share of the global revenue. DOOH advertising in the region is experiencing growth due to the increased use of mobile devices. Advertisers are leveraging the power of mobile devices to engage consumers in real time through interactive DOOH advertising campaigns

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Digital Out-of-home Advertising Market Segmentation

Grand View Research has segmented the global digital out-of-home advertising market based on format, application, industry vertical, and region:

Digital Out-of-home Advertising Format Outlook (Revenue, USD Million, 2017 - 2030)

• Billboards
• Street Furniture
• Transit & Transportation
  • Roadways
  • Airways
  • Railways
  • Marine
• Place-Based Media

Digital Out-of-home Advertising Application Outlook (Revenue, USD Million, 2017 - 2030)

• Indoor
• Outdoor

Digital Out-of-home Advertising Industry Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Automotive
• Financial Services
• Government
• Media & Entertainment    
• Retail
• Real Estate
• Restaurants
• Others

Digital Out-of-home Advertising Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Digital Out-of-home Advertising Market

• JCDecaux
• Stroer SE & Co. KGaA
• Clear Channel Outdoor Holdings, Inc.
• Outfront Media Inc.
• oOh!media Limited
• Lamar Advertising Company
• Broadsign International LLC.
• Focus Media
• Global Outdoor Media Limited 
• Daktronics Dr.

About Grand View Research

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

Online Event Ticketing Market to Reflect Robust Expansion During 2023 - 2030

 The global online event ticketing market size is expected to reach USD 67.99 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.8% CAGR during the forecast period. Growing demand for online ticketing can be attributed to increased Internet accessibility and overall hassle-free experience in booking processes.    

Event ticketing processes have witnessed a paradigm shift from traditional booking of tickets at event venue counters to purchasing tickets in advance from the comfort of one’s home. Over the years, booking of tickets through smartphones and tablets has gained immense popularity on account of the perceived ease and flexibility of the procedure and user-friendly, attractive mobile interfaces developed by service providers.

Major ticketing vendors are focusing on providing mobile applications and making websites customer-friendly to facilitate quick and easy ticketing transactions. Such applications enable customers to access all types of information about the event, ticket pricing, seating layouts, and other relevant information.

On account of intensifying competition in the online ticketing industry, service providers are vying to secure long-term contracts with theatres, production houses, sports authorities, and local event organizers in order to ensure sustainability. Promotion of movies, sports tournaments, music concerts, and stand-up comedy shows on the websites of service providers forms a sizeable portion of their revenue.

Uncertainties associated with online booking of tickets are high as demand fluctuates based on the popularity of the event. In case of movies, the stage of lifecycle a movie has reached plays a pivotal role in demand for online booking. To elaborate, 2-3 weeks after a film’s release, patrons prefer purchasing tickets at the counter instead of paying additional surcharge fees since movie halls are comparatively less crowded during that time.

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https://www.grandviewresearch.com/industry-analysis/online-event-ticketing-market

Further key findings from the report suggest:

• Mobile applications are expected to surpass the traditional Internet platform for online movie booking services by 2019, which can be attributed to increased penetration of smartphones and improved connectivity through affordable 3G and 4G LTE Internet packs
• Asia Pacific is expected to witness significant growth over the forecast period due to increasing penetration of Internet and smart devices
• Increased disposable income is resulting in a rise in discretionary spending on entertainment and leisure. Moreover, movies account for a major part of the entertainment sector, which may catapult demand over the coming years
• Increasing movie releases worldwide is also expected to drive online movie booking services
• Venue owners and concert organizers across the globe are selling VIP packages, including premium food and beverages, backstage access, preferred seats, and VIP restrooms, which is expected to increase market growth.

Grand View Research has segmented the global online event ticketing market on the basis of platform, event type, and region:

Online Event Ticketing Platform Outlook (USD Million, 2014 - 2025)

• Desktop
• Mobile

Online Event Ticketing Event Type Outlook (USD Million, 2014 - 2025)

• Sports
• Music & Other Live Shows
• Movies

Online Event Ticketing Regional Outlook (USD Million, 2014 - 2025)

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

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.

Fire Alarm And Detection Market Booming Trends and Forecast Assessment for the Period 2023 to 2030

 

Fire Alarm And Detection Market Growth & Trends

The global fire alarm and detection market size is expected to reach USD 56.07 billion by 2030, registering a CAGR of 7.2% from 2023 to 2030, according to a new study by Grand View Research Inc. to find fires in emergency situations, fire alarm and detection systems are created. It alerts individuals to the presence of smoke, carbon monoxide, fire, or other fire-related conditions wherever they are found. Alarms and detectors are connected such that a signal is sent to the monitoring station, which may be on-site or off, and received by the building's residents. Numerous equipment, including heat, smoke, and carbon monoxide detectors as well as manual call points, are included in a fire alarm and detection system. The deployment of fire safety systems in homes and businesses more frequently is anticipated to have an impact on the expansion of the market.

The market for fire alarms and detection is anticipated to develop as a result of factors like an increase in the deployment of fire safety systems in educational institutions and rising awareness of fire detection among the residential and commercial sectors. The development of the market is anticipated to be fuelled by technological advancements, increased fire safety awareness, rapid urbanization, and industrialization. The commercial and industrial sectors are expanding, and people are becoming more conscious of fire safety, which has a good effect on the business environment.

To preserve lives and prevent injuries, it is vital to install fire alarm and detection systems in everything from homes to buses. Government initiatives to implement fire protection systems in the commercial and residential sectors are anticipated to drive the growth of the market. The market's growth are anticipated to be constrained by the high initial costs of the systems as well as worries about false alarms and detection failures.

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Fire Alarm And Detection Market Report Highlights

• Government support and initiatives are becoming more prevalent. Increased fire-related expenditures by various businesses, as well as an increase in deaths and property losses. Innovations and technological advancements
• The demand for advanced fire safety systems in fire-prone industrial settings, such as automotive, power & utility, mining, petrochemical, and oil & gas exploration, will drive the market growth over the years
• Asia Pacific region is expected to be the fastest-growing regional market during the forecast period. Investment in infrastructure development in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-fire-alarm-detection-market

Fire Alarm And Detection Market Segmentation

Grand View Research has segmented the global fire alarm and detection market based on product, detectors type, alarm type, application, and region:

Fire Alarm And Detection Product Outlook (Revenue, USD Million, 2018 - 2030)

• Fire Detectors
• Fire Alarms

Fire Alarm And Detection Detectors Type Outlook (Revenue, USD Million, 2018 - 2030)

• Flame Detectors
• Smoke Detectors
• Heat Detectors

Fire Alarm And Detection Alarm Type Outlook (Revenue, USD Million, 2018 - 2030)

• Audible Alarms
• Visual Alarms
• Manual Call-points Alarms

Fire Alarm And Detection Application Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial
• Industrial
• Residential

Fire Alarm And Detection Region Outlook (Revenue, USD Million, 2018 - 2030)

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

Some prominent players in the Fire Alarm And Detection Market

• Eaton
• GENTEX CORPORATION
• Halmaplc
• HOCHIKI Corporation.
• Honeywell International, Inc.
• Johnson Controls
• Napco Security Technologies, Inc.
• NITTAN Corporation
• Robert Bosch GmbH
• Siemens
• Space Age Electronics, Inc.
• United Technologies Corp.

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 Biodegradable Cutlery Market to Reach Around $71.1 Million by 2030: Grand View Research Inc.

 Biodegradable Cutlery Market Growth & Trends 

The global biodegradable cutlery market size is expected to reach USD 71.1 million by 2030, expanding at a CAGR 7.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasingly stringent regulations against non-biodegradable plastic across the globe are the primary factor expected to drive the market growth of biodegradable cutlery over the forecast period.

Most countries around the world are expected to ban plastic usage in any form as it has become a prominent global issue. According to a press release by the European Commission in December 2018, the European Parliament and the Council of the European Union framed policies and rule to reduce marine litter through the ban on single-use plastics. In addition to this, in 2015, European Commission proposed a ‘plastic bags’ directive to regulate and restrict the usage of plastic bags. According to this directive, the 28 EU countries were required to adopt any one of the two proposals either to ensure that the usage of plastic bags was reduced to 40 units per year per person from 90 units per year per person. These regulations will increase the awareness as well as the demand for biodegradable cutleries over the forecast period.

The usage of biodegradable tableware is increasing as the global trend to cut down on greenhouse gas emissions and plastic waste makes rapid progress. Cutlery such as spoons, bowls, plates, and other products that can degrade within weeks of being thrown away, is referred to as biodegradable tableware. The amount of packaging trash in municipal solid garbage has been noted to be high, which has raised environmental concerns. Oil-based polymers, a common component of modern packaging, are essentially non-biodegradable. Certain packaging options are also challenging to discard and cannot be used again.

Europe was the largest market in 2022 accounting for around 36% of the total market share globally. On the other hand, North America is expected to become the fastest-growing market with a CAGR of 7.2% from 2023 to 2030. Over the past few years, North America has witnessed a substantial reduction of plastics by major food chains. For instance, Starbucks Corporation, one of the largest coffeehouse chain targets phased out the use of plastic straws and lids, key components of its drinks, conventionally. This initiative will ensure significant growth in the demand for biodegradable cutlery over the forecast period.

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Biodegradable Cutlery Market Report Highlights

• In terms of revenue, the paper biodegradable products segment is projected to ascend at a CAGR of 7.3% over the forecast period
• Wood and husk are dominant raw materials which are expected to foresee a high growth rate in the global market over the forecast period
• Europe dominated the global biodegradable cutlery industry in 2022 and constituted around 36% of the total market share. This trend is projected to continue over the next few years
• The increasing awareness of the ill effects associated with non-biodegradable plastics is fueling demand for the product over the forecast period
• The industry is competitive owing to the increasing R&D, product innovation, and new entrants with the latest technology
• Key players includes Huhtamäki Oyj; Biotrem; BIOPAK; BETTER EARTH LLC; vegware; Pactiv LLC; Eco Guardian; Genpak, LLC; Bionatic GmbH & Co. KG; and GreenGood USA
• Various manufacturers are concentrating on new product launches, mergers and acquisitions, and technological innovation to capture the largest share of the existing and future demand

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

Biodegradable Cutlery Market Segmentation

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

Biodegradable Cutlery Raw Material Outlook (Revenue, USD Million, 2017 - 2030)

• Wood
• Husk
• Paper
• Plastic
• Others

Biodegradable Cutlery Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Biodegradable Cutlery Market

• Huhtamäki Oyj
• Biotrem
• BIOPAK;
• BETTER EARTH LLC
• Vegware
• Pactiv LLC
• Eco Guardian
• Genpak, LLC
• Bionatic GmbH & Co. KG
• GreenGood 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.

Thermoplastic Vulcanizates Market Expected To Reach $2,921.80 Million By 2030

 

Thermoplastic Vulcanizates Market Growth & Trends

The global thermoplastic vulcanizates market size is expected to reach USD 2,921.80 million by 2030, registering a CAGR of 8.7% during the forecast period, according to a new report by Grand View Research, Inc. Growing demand for the lightweight, high-performance materials from the automotive industry is expected to drive the global thermoplastic vulcanizates (TPV) market.

Increasing government intervention in fuel efficiency has led to the use of high-performance engineering plastics, including TPV, spurring demand. The growth of the consumer goods industry in the BRIC countries is also expected to have a positive impact on the global market. Price volatility for the key commodities is expected to remain a major concern for the market participants during the forecast period.

In addition, the growing demand for bio-based thermoplastics is expected to positively influence the overall market growth in the coming years. The continuing scarcity of fossil resources and the rise in crude oil prices have forced the world to look for new solutions regarding the development of TPV from renewable raw materials. Growing concerns about toxic problems associated with petrochemicals, as well as the depletion of crude oil reserves, have spurred the development of bio-based TPVs.

Government regulations restricting the consumption of petrochemical-based TPVs in certain areas such as consumer goods and medical devices are expected to further stimulate bio-based products in the thermoplastic vulcanizates market.

In the field of thermoplastic elastomers, the development of bio-based TPVs is in its early stage. However, it has a huge scope in the future as an alternative to its petrochemical counterparts. Furthermore, bio-based TPVs have the potential to substitute petrochemical-based TPVs in the existing markets as well as open up new perspectives, which is expected to create lucrative growth opportunities for bio-based thermoplastic vulcanizates in the coming years.

Depending on the application, the market is divided into automotive, liquid, consumer, medical, footwear, and others. Among them, medical applications are expected to show the fastest growth during the forecast period. High demand for advanced medical services due to the presence of increasing aging of the population, well-developed healthcare infrastructure, and increasing incidences of cardiovascular diseases worldwide is expected to drive the demand for medical devices, which in turn will positively affect the demand for TPV in medical applications.

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Thermoplastic Vulcanizates Market Report Highlights

• The global thermoplastic vulcanizates (TPV) market was valued at USD 1.65 billion in 2023 and is estimated to expand at a CAGR of 8.7% from 2022 to 2030
• The automotive segment led the market and accounted for more than 58.0% share of the global revenue in 2023
• The significant demand is attributed to the rising demand for lightweight and high-performance materials in the automotive industry
• The thermoplastic vulcanizates market in Asia Pacific is expected to be one of the fastest-growing markets over the forecast period.
• India thermoplastics vulcanizates market to witness a growth of 9.5% during the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-thermoplastic-vulcanizates-tpv-market

Thermoplastic Vulcanizates Market Segmentation

Grand View Research has segmented the global thermoplastic vulcanizates market report based on the grade, processing method, application and region:

Thermoplastic Vulcanizates Grade Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Natural
• Standard Black
• Pre-Colored
• Others

Thermoplastic Vulcanizates Processing Method Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Injection Molding
• Extrusion Molding
• Blow Molding

Thermoplastic Vulcanizates Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Automotive
  • Exteriors
  • Interiors
• Construction & Architecture
• Consumer goods
• Electric & Electronics
• Medical & Healthcare
• Others

Thermoplastic Vulcanizates Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Netherlands
  • Eastern Europe
    • Russia
    • Poland
    • Hungary
    • Czech Republic
    • Belarus
    • Bulgaria
    • Romania
    • Slovakia
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Central & South America
  • Middle East & Africa

List Of Key Players in the Thermoplastic Vulcanizates Market

• Dawn Polymer
• Ravago Manufacturing.
• RTP Company
• DuPont de Nemours, Inc.
• Mitsui Chemicals Inc.
• Celanese Corp.
• LyondellBasell Industries Holdings B.V.
• Mitsubishi Chemical Corp.
• KRAIBURG TPE GmbH & Co. KG
• Teknor Apex Company, Inc.
• Trinseo
• Hexpol AB
• JSR Corporation
• Zeon Corporation

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 Toys And Games Market to Witness Soaring Growth During 2024– 2030: Grand View Research Inc.

 

Toys and Games Market Growth & Trends

The global toys and games market size is expected to reach USD 439.91 billion by 2030, growing at a CAGR of 4.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Sales increased as the pandemic spread. Toy sales increased in 2020, with games & puzzles, dolls & action figures, and outdoor plays being the most popular categories. The use of weather-related items was a big aspect of outdoor activity. Sleds, snow-coloring toys, inflatables, and tools for building snow structures flew off the shelves. Due to the ease of accessibility, a large range of products, and competitive pricing, consumers are increasingly purchasing toys and games through the e-commerce channel.

The increasing sales of video games emerged as a key growth driver for the toys and games industry, reflecting changing consumer preferences and a digital transformation in entertainment. The widespread adoption of video games is evident in the substantial financial commitment made by American families, as reported by The Ascent, a Motley Fool personal finance review service. On average, American families spent USD 431 on video games, including consoles and accessories, in 2022.

The popularity of 3D and 4D puzzles has sparked creativity and excitement in the industry. These puzzles provide a more immersive experience, higher levels of engagement, and possibly even educational advantages. Wrebbit Puzzle Inc., a Canadian company, focuses on 3D puzzles. It creates a wide variety of puzzles with different themes, such as Harry Potter, Game of Thrones, and Lord of the Rings. In April 2021, the business introduced its Central Perk, a 440-piece 3D jigsaw puzzle based on the television series ‘Friends’.

Due to the rising environmental awareness among consumers and the trend of using eco-friendly and socially responsible products, the market is currently experiencing increased demand for sustainable games and puzzles. Market players have been addressing this trend by creating and promoting eco-friendly products, utilizing sustainable resources, and implementing eco-friendly manufacturing and distribution procedures. To reduce its impact on the environment, for instance, a U.S.-based corporation called Mattel, Inc. always attempts to optimize its resource use.

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Toys And Games Market Report Highlights

• Based on product, the electronic games segment accounted for the largest revenue share in 2023, due to their immersive and interactive experiences, appealing to modern consumers' preferences for technology-driven entertainment. The growth of digital platforms and advancements in gaming technology have propelled the popularity of electronic games, making them a dominant force in the industry.
• Demand for toys and games in the 0–8 age segment is forecasted to rise at a high CAGR. This is due to the natural inclination of young children to play and explore, coupled with their rapid cognitive and motor skill development during this period. The rising population globally will also push demand.
• Offline channel accounted for the largest share of the 2023 global market due to consumers' preference for a hands-on shopping experience, allowing them to physically interact with the products and make immediate purchases
• Central & South America region is projected to rise at the fastest CAGR from 2024 to 2030. Factors such as a growing young population, increasing disposable incomes, urbanization, and rising middle-class segment will propel the demand for toys and games in the market

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

Toys And Games Market Report Highlights

Grand View Research has segmented the global toys and games market based on product, application, distribution channel, and region:

Toys And Games Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Electronic Games
• Outdoor & Sport Toys
• Dolls
• Preschool Toys
• Games & Puzzles
• Others

Toys And Games Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Up to 8 years
• 9-15 years
• 15 years & above

Toys And Games Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)

• Offline
• Online

Toys And Games Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Toys And Games Market

• Spin Master
• The LEGO Group
• SANRIO CO., LTD.
• Playmates Toys Limited
• JAKKS Pacific, Inc.
• Mattel
• Hasbro
• Schylling
• Bandai Namco Holdings Inc.
• Dream International Limited

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.