Monday 5 February 2024

Metaverse Market Expected to Collect $936.6 Billion by the End of 2030: Grand View Research Inc.

 Metaverse Market Growth & Trends

The global metaverse market size is predicted to attain USD 678.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 39.4% over the forecast period, owing to increasing demand from end-use industries, which prominently include media and entertainment, education, and aerospace and defense is anticipated to propel the industry growth over the forecast period. The metaverse market is also growing due to the steady adoption of XR technologies to enhance user experience on various platforms. The growing demand for metaverse to purchase digital assets using cryptocurrencies is expected to drive the market significantly. The development and distribution of Augmented reality (AR), Virtual Reality (VR), and Mixed Reality (MR) devices are anticipated to spur market growth in years to come.

The prefix "meta" is commonly used in Greek to denote "after" or "beyond." The metaverse is a three-dimensional interactive and immersive environment where several people can interact through avatars. The usage of the metaverse to purchase digital assets using bitcoin is becoming more popular around the world. Gaming websites, messaging applications, and social media platforms such as Facebook are being used to communicate with one another online. The metaverse is the advent of new online environments in which people's interactions are more multidimensional and they can engage more deeply with digital content rather than merely reading it.

The metaverse is widely used as a real-time virtual world to build and leverage vast opportunities for brand connection. It would also set the stage for the next phase of post-COVID-19 digital activity, namely the emergence of digital social experiences. On Metaverse platforms that allow blockchain technology to be utilized, users can create, own, and trade autonomous digital assets and virtual regions using cryptocurrencies like Bitcoin and Ethereum, as well as nonfungible tokens (NFTs). During the forecast period, rising demand for blockchain-based metaverse networks and platforms for trading digital assets is expected to drive considerable market revenue growth. One of the major factors driving the future expansion of the metaverse business is the rise of the gaming industry.

Recent Developments:

  • In January 2022, The Sandbox has announced a partnership with Warner Music Group to launch the first music-themed world in The Sandbox metaverse. Warner Music Group (WMG) would be taking its initial steps into the metaverse and NFT sector with this alliance
  • In November 2021, Tencent has announced that it has partnered with The Asian Institute of Digital Finance. The companies will collaborate in the areas of education, research, and entrepreneurship to support Asia’s fintech industry
  • In November 2021, Epic Games, Inc acquired Harmonix Music Systems, Inc. While continuing to support existing products such as Rock Band 4, the Harmonix team will work closely with Epic Games, Inc to develop musical adventures and gameplay for Fortnite
  • In October 2021, Facebook Reality Labs was estimated to spend at least USD 10 billion on the development of Augmented Reality (AR) and Virtual Reality (VR) hardware, software, and content. Facebook Reality Labs is the division of Meta Platform, Inc, which was formerly known as Facebook, Inc.
  • In July 2021, Epic Games, Inc. acquired Sketchfab, Inc. Sketchfab is a 3D asset marketplace where users can publish, download, view, share, sell, and buy 3D models
  • In June 2021, Tencent's game division, TiMi Studios had announced a new agreement with SNK CORPORATION to produce a new, unnamed mobile game based on the famous arcade franchise Metal Slug
  • In March 2021, NetEase, Inc’s NetEase Cloud Music, and Merlin Network have expanded their strategic alliance in China to embrace a broader range of collaboration. The original partnership between Merlin Network and NetEase Cloud Music was signed in 2018
  • In December 2017, ByteDance Ltd. and EQUALS formed a partnership. EQUALS is a global network of CEOs, governments, non-profit organizations, communities, and individuals working to close the digital gender gap. The formal agreement was revealed at a ceremony hosted by Bytedance in Beijing during the Global Festival of AI, which included representatives from both organizations

Request a free sample copy or view report summary: Metaverse Market Report

Metaverse Market Report Highlights

  • The hardware sub-segment in the product segment dominated the global metaverse market in 2021 and accounted for the largest market share, owing to the increased adoption of AR, VR, and MR devices
  • Displays captured the highest revenue share in the hardware sub-segment in 2021 whereas, programming engines dominated the software sub-segment with the largest market share
  • Desktop and headsets dominated the market with 42.2% and 34.9% of the total revenue shares in 2021, respectively, and are projected to remain the highest revenue-generating segments during the forecast period
  • The VR and AR technology sector held the largest revenue share in 2021 as multiple industries such as gaming, healthcare, education, and entertainment have increasingly incorporated VR and AR technology for numerous purposes. Human resource domains are also incorporating the use of VR and AR devices for employee training
  • In terms of offerings, the virtual platform segment accounted for the largest market share in 2021 and is anticipated to exhibit significant growth, owing to the increased adoption of these platforms for multiple uses such as adverting, branding, and academics. Many key players have also realized that virtual platforms help reduce capital expenditures and operating expenses
  • The gaming segment is projected to dominate the application segment. The content and social media segment is anticipated to witness considerable growth over the forecast period owing to the increased demand for social media applications
  • The North American region accounted for the largest market share in 2021, owing to the high adoption of metaverse platforms
  • The Asia Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for a better viewing experience, an increasing number of start-ups like OneRare, LOKA, and Bolly Heroes

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

Metaverse Market Segmentation

Grand View Research has segmented the global metaverse market based on product, platform, technology, offering, application, end use, and region:

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

  • Hardware
    • Displays
    • eXtended Reality (XR) Hardware
      • Haptic Sensors & Devices
      • Smart Glasses
      • Omni Treadmills
    • AR/VR Headsets
    • Others
  • Software
    • Asset Creation Tools
    • Programming Engines
  • Services

Metaverse Platform Outlook (Revenue, USD Million, 2017 - 2030)

  • Desktop
  • Mobile
  • Headsets

Metaverse Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Blockchain
  • Virtual Reality (VR) & Augmented Reality (AR)
  • Mixed Reality (MR)
  • Others

Metaverse Offering Outlook (Revenue, USD Million, 2017 - 2030)

  • Virtual Platforms
  • Asset Marketplaces
  • Avatars
  • Financial Services

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

  • Gaming
  • Online Shopping
  • Content Creation & Social Media
  • Events & Conference
  • Digital Marketing (Advertising)
  • Testing and Inspection
  • Others

Metaverse End-use Category Outlook (Revenue, USD Million, 2017 - 2030)

  • BFSI
  • Retail
  • Media & Entertainment
  • Education
  • Aerospace and Defense
  • Automotive
  • Others

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

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

List of Key Players of Metaverse Market

  • Meta Platforms, Inc.
  • Tencent Holdings Ltd.
  • ByteDance Ltd.
  • NetEase, Inc.
  • Nvidia Corporation
  • Epic Games, Inc.
  • Roblox Corporation
  • Unity Technologies, Inc.
  • Lilith Games
  • Nextech AR Solutions Corp.
  • The Sandbox
  • Active Theory
  • Decentraland
  • Microsoft 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.

Legal Services Market Competitive Insight and Key Drivers 2023 to 2030: Grand View Research Inc.

 Legal Services Market Growth & Trends

The global legal services market size is anticipated to reach USD 1,362.81 billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rapid growth can be attributed to increasing globalization and the expansion of in-house legal departments in the corporate sector. The increasing prevalence of economic crimes, such as fraud and cybercrimes is fueling the demand for legal services around the globe. On the other hand, businesses are increasingly employing Alternate Legal Service Providers (ALSPs) for routine legal services, further creating growth opportunities for the market.

There is an increasing trend of building in-house legal departments across large enterprises, while small and medium-sized enterprises are turning towards consulting firms to reduce legal costs. This significant focus on legal services in the corporate sector has contributed to its substantial market share throughout the historic and forecast period. Rising demand for legal services associated with intellectual property in the corporate sector is projected to further boost demand for legal services in upcoming years.

Litigation funding or financing is one of the fastest-growing trends in the global legal services industry. A third party provides financial assistance to a litigant in this mechanism. It is the practice where a third party unrelated to the lawsuit offers capital to a litigant involved in litigation in return for a portion of financial recovery from the lawsuit. This type of funding helps enhance the winning chances for litigants who may not have the financial resources to pursue their claims against better-funded and larger defendants.

In recent years, litigation funding has grown rapidly and become more mainstream. HMR Servicing, Fair Rate Funding, Fast Funds, and USClaims are some of the litigation funding firms that specialize in providing capital to litigants and law firms involved in litigation. Further, large law firms collaborate with smaller firms to enhance their litigation service offerings. For instance, in July 2023, Womble Bond Dickinson partnered with Simmonds & Narita L.P., a boutique litigation firm, to enhance the dispute resolution and litigation practice rate of Womble Bond Dickinson.

Request a free sample copy or view report summary: Legal Services Market Report

Legal Services Market Report Highlights

  • Corporate is projected to be the leading service segment over the forecast period, as arguments over harassment of employees, and organizational discrimination audits, and copyright violation & patent infringement continue to rise
  • The private practicing attorneys provider segment is predicted to grow significantly throughout the forecast period due to expanded opportunities for attorneys in both large and small and mid-sized businesses
  • Law firms are modifying their hiring practices to meet the changing needs of their customers. In addition, law firms are partnering with professional service providers to deliver unified, diverse services to their clients
  • Asia Pacific has experienced exponential growth fueled by the rise in demand for legal services due to the increase in cross-border transactions and the growing complexity of business transactions

Access Press Release@ https://www.grandviewresearch.com/press-release/legal-services-market

Legal Services Market Segmentation

Grand View Research has segmented the global legal services market based on service, firm size, provider, and region:

Legal Service Outlook (Revenue, USD Billion, 2018 - 2030)

  • Taxation
  • Real Estate
  • Litigation
  • Bankruptcy
  • Labor/Employment
  • Corporate

Legal Services Firm Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • Large Firms
  • Medium Firms
  • Small Firms

Legal Services Provider Outlook (Revenue, USD Billion, 2018 - 2030)

  • Private Practicing Attorneys
  • Legal Business Firms
  • Government Departments
  • Others

Legal Services Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Latin America
    • Brazil
    • Argentina
    • Chile
  • Middle East and Africa
    • South Africa

List of Key Players in the Legal Services Market

  • Baker McKenzie LLP
  • Clifford Chance
  • Deloitte
  • DLA Piper LLP
  • Ernst & Young Global Limited
  • Kirkland & Ellis LLP
  • KPMG
  • Latham & Watkins
  • PwC
  • Skadden, Arps, Slate, Meagher & Flom LLP

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.

Natural Flavors And Fragrances Market Outlook & Future Forecast Report Till 2030

 Natural Flavors And Fragrances Market Growth & Trends

The global natural flavors and fragrances market size is expected to reach USD 15.83 billion by 2030, registering a CAGR of 6.3% during the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing awareness about the adverse effects caused by artificial as well as synthetic products used in the cosmetics and food & beverages industry. In addition, the availability of natural products as an alternative is propelling the market growth. Natural flavors & fragrances are now widely accepted by industries like food & beverage, cosmetic & personal care, and pharmaceuticals. The growing population has been increasing the consumption of food & beverages, cosmetic & personal care products, and pharmaceuticals and is likely to further escalate the consumption in the near future. The global industry is anticipated to grow at a steady CAGR over the forecast period due to the presence of major players that are utilizing natural flavors & fragrances in their products.

Companies, such as BASF SE, Blue Pacific Flavours, Inc., BIOLANDES SAS, and Symrise AG, are some major manufacturers. Governments tend to be more flexible in the use of natural products over synthetic counterparts and provide elasticity in their use and consumption for various purposes. The COVID-19 pandemic has resulted in many changes in the industry, such as the collapsed supply chain system and restrictions on transportation. Many large- and small-scale organizations had to shut down their production for several months during the pandemic. This factor slowed down the industry growth and limited production & supply. Furthermore, the outbreak led to the shutdown of hotels, restaurants, retail stores, and eateries, thereby lowering the consumption of natural flavors & fragrances in the food & beverage industry.

Request a free sample copy or view the report summary: Natural Flavors And Fragrances Market Report

Natural Flavors And Fragrances Market Report Highlights

  • The essential oils segment is expected to witness the fastest growth rate from 2022 to 2030 owing to the increasing consumer preference for natural & organic products from various end-use industries like food & beverages and cosmetics
  • The extraction process segment will have the fastest CAGR from 2022 to 2030 since it ensures hydrolysis of water-sensitive compounds & ensures superior quality of products as it operates efficiently under higher temperatures and requires a shorter extraction time
  • The flavors application segment is expected to witness the fastest CAGR over the forecast period due to wide product usage in the global food & beverages industry
  • Asia Pacific is expected to witness the fastest growth rate of 6.8%, owing to large demand from countries such as India, and China which are considered pioneers and some of the largest exporters of some precious oils and extracts
  • The competition in the industry is high due to the presence of several large-scale manufacturers, such as BASF SE and MANE, which are engaged in the production of naturally-derived fragrances & flavors

Access Press Release@ https://www.grandviewresearch.com/press-release/global-natural-flavors-fragrances-market

Natural Flavors And Fragrances Market Segmentation

Grand View Research has segmented the global natural flavors and fragrances market based on product, technology, application, and region:

Natural Flavors And Fragrances Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Essential Oils
    • Orange
    • Corm Mint
    • Eucalyptus
    • Pepper Mint
    • Lemon
    • Citronella
    • Patchouli
    • Clove
    • Ylang/Ylang Cananga
    • Lavender
    • Others
  • Oleoresins
    • Paprika
    • Black Pepper
    • Turmeric
    • Ginger
    • Others
  • Dried Crops
  • Herbal Extracts
  • Others

Natural Flavors And Fragrances Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Fermentation
  • Extraction
  • Distillation
  • Others

Natural Flavors And Fragrances Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Flavors
    • Confectionery
    • Convenience Food
    • Bakery Food
    • Dairy Food
    • Beverages
    • Animal Feed
    • Others
  • Fragrances
    • Fine Fragrances
    • Cosmetics & Toiletries
    • Soaps & Detergents
    • Aromatherapy
    • Others

Natural Flavors And Fragrances Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Spain
    • Portugal
    • Turkey
  • Asia Pacific
    • China
    • India
    • Japan
    • Southeast Asia
  • Central & South America
    • Brazil
    • Colombia
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa

List of Key Players in Natural Flavors And Fragrances Market

  • MANE
  • Keva Flavours Pvt. Ltd.
  • DOHLER GmbH
  • Blue Pacific Flavours, Inc.
  • Stringer Flavours Ltd.
  • BIOLANDES
  • Young Living Essential Oils, LC.
  • d? TERRA
  • Falcon
  • BASF SE
  • Symrise
  • Firmenich SA
  • Givaudan
  • International Flavors & Fragrances Inc.
  • FLAVEX Naturextrakte GmbH
  • Universal Oleoresins
  • Manohar Botanical Extracts Pvt. Ltd.
  • Sensient Technologies
  • Takasago International Corporation
  • HASEGAWA CO., LTD.
  • ROBERTET
  • McCormick & Company, Inc.
  • Kerry Group plc
  • ADM

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. Population Health Management Market Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 U.S. Population Health Management Market Growth & Trends

The U.S. population health management market size is expected to reach USD 103.7 billion in 2030, registering a CAGR of 19.54% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increase in healthcare expenditure, need for value-based healthcare delivery, and effective disease management across different care settings are among the key factors expected to drive the market during the forecast period.

In the U.S., poor healthcare management results in the loss of productivity and a significant portion of healthcare costs. Adoption of PHM software by employers helps in the management of their healthcare budget as they can keep a track of the employees’ health status. The market is likely to witness rapid growth in the coming years due to the growing demand for healthcare IT services and solutions that encourage healthcare delivery reliant on value, resulting in a transition from Fee-For-Service to a value-based payment model.

Population health management is built on a Fee-for-Service (FFS) reimbursement method, wherein physicians and other healthcare providers are reimbursed by government agencies and insurance companies on basis of the number of services offered to patients. The new payment model allows reimbursement based on the quality of care delivered and provides comprehensive tools to handle financial and clinical risk for value-based care delivery.

The COVID-19 pandemic has changed the outlook of healthcare in the U.S. with the advanced use of web-based technology in healthcare. Healthcare providers are increasingly investing in PHM software to offer better outcomes. PHM can also be used for tracking the vital signs of patients discharged from hospitals, which can then be analyzed to offer meaningful insights into a patient’s health. The lockdown has disrupted the existing system and PHM systems are the current need to manage the patient population.

Request a free sample copy or view report summary: U.S. Population Health Management Market Report

U.S. Population Health Management Market Report Highlights

  • An increase in healthcare expenditure, the need for value-based healthcare delivery, and effective disease management across different care settings is expected to drive the market
  • The services segment dominated the global market in 2022, while the software segment is likely to register the fastest CAGR over the forecast period
  • The market is now shifting to a value-based payment model. The value-based contracts are expected to grow substantially in the coming years

Access Press Release@ https://www.grandviewresearch.com/press-release/us-population-health-management-market-analysis

U.S. Population Health Management Market Segmentation

Grand View Research has segmented the U.S. population health management market based on product and end use:

U.S. Population Health Management Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Software
  • Services

U.S. Population Health Management End-use Outlook (Revenue, USD Billion, 2017 - 2030)

  • Providers
  • Payers
  • Employer Groups

List of Key Players in the U.S. Population Health Management Market

  • Allscripts Healthcare
  • Cerner Corp.
  • Conifer Health Solutions, LLC
  • EClinicalWorks
  • Enli Health Intelligence
  • McKesson Corp.
  • Medecision
  • Optum, Inc.
  • Advisory Board
  • Koninklijke Philips N.V.
  • Athenahealth, Inc.
  • RedBrick Health
  • Welltok

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.

Thursday 1 February 2024

Leather Goods Market to Penetrate Untapped Regions During 2023 to 2030: Grand View Research Inc.

 Leather Goods Market Growth & Trends

The global leather goods market size is anticipated to reach USD 624.08 billion by 2028, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. Rising fashion consciousness among consumers has been a key factor boosting the product demand and this has driven various brands to expand their product portfolio. Apart from leading labels and brands, smaller manufacturers have also been gaining importance in the market. Various startups have come up with customized leather products to meet the changing demands of consumers.

For instance, 1 Atelier, a U.S.-based start-up formed in 2015, allows customers to customize the color and hardware of their leather handbags. Strong brand recognition, along with an increasing number of companies entering the market, is driving the sales of leather goods in the market. E-commerce retail channels play a significant role in the distribution of leather goods as a considerable amount of the market revenue is generated through these channels. Online sales channels make it easy for consumers to browse through millions of products at one place without having to physically visit retail stores. Millennials have been one of the prominent consumer segments driving the growth of online distribution channels.

According to the Global Online Survey data, the propensity of millennials to purchase leather goods through online platforms was almost twice that of Generation-X in 2018. The increasing working population and the rising disposable income also drive market growth. Several companies enforce a corporate dress code, which supports the demand for leather shoes. The rising awareness regarding sustainable products offers a huge growth opportunity to the products made from cruelty-free sources. Many celebrities have been opting for vegan fashion products, which influences consumers to conscientiously choose cruelty-free apparel.

Request a free sample copy or view report summary: Leather Goods Market Report

Leather Goods Market Report Highlights

  • The vegan leather segment was valued at USD 16.61 billion in 2022 and is anticipated to grow at a CAGR of over 8% during the forecast period. Veganism is becoming a prominent lifestyle for many consumers, resulting in a higher demand for fashionable vegan apparel across the globe
  • Automotive accessories are projected to be the fastest-growing segment over the forecast period. Increasing demand for leather seats, due to the luxurious look it gives, will drive up its demand in the forecast period
  • The footwear segment was valued at USD 95.48 billion in 2022. Consumers prefer good-quality leather shoes and are willing to pay a higher price for the same to help improve their overall appearance
  • Various brands, such as Nike, Puma, and Adidas, collaborate with celebrities to come up with new products that are priced higher than other products offered by the brands. For instance, Stella McCartney and Kanye West collaborated with Adidas. These trends are expected to impact the market for footwear over the forecast period
  • Asia Pacific is projected to remain at the forefront, in terms of CAGR, over the forecast period. Led by countries such as China and India, the growth of the Asia-Pacific leather goods industry is driven by the increasing demand for premium and luxury products

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

Leather Goods Market Segmentation

Grand View Research has segmented the global leather goods market based on type, product, and region:

Leather Goods Type Outlook (Revenue, USD Billion, 2017 - 2030)

  • Genuine Leather
  • Synthetic Leather
  • Vegan Leather

Leather Goods Type by Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Genuine Leather
    • Handbags
    • Small Leather Goods/ Accessories
    • Apparel
    • Footwear
    • Home Décor and Furnishing
    • Pet Accessories
    • Automotive Accessories
  • Synthetic Leather
    • Polyurethane Leather
      • Handbags
      • Small Leather Goods/ Accessories
      • Apparel
      • Footwear
      • Home Décor and Furnishing
      • Pet Accessories
      • Automotive Accessories
    • PVC Leather
      • Handbags
      • Small Leather Goods/ Accessories
      • Apparel
      • Footwear
      • Home Décor and Furnishing
      • Pet Accessories
      • Automotive Accessories
    • Vegan Leather
      • Handbags
      • Small Leather Goods/ Accessories
      • Apparel
      • Footwear
      • Home Décor and Furnishing
      • Pet Accessories
      • Automotive Accessories

Leather Goods Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Handbags
    • Tote Bag
    • Clutch
    • Satchel
    • Others
  • Small Leather Goods/ Accessories
    • Wallets
    • Pouches
    • Card Holders
    • Phone Covers/Cases
    • Watch Straps
    • Others (Luggage Tags, Pencil Cases, etc.)
  • Apparel
    • Men
      • Shirts
      • Pants
      • Suits, Coats & Jacket
      • Overalls
      • Others (Kilts, Vests, Chaps, etc.)
    • Women
      • Skirts
      • Coats & Jackets
      • Pants
      • Others (Vests, Chaps, etc.)
    • Children
      • Suits, Coats & Jackets
      • Vests
      • Pants
      • Skirts
      • Chaps
    • Footwear
      • Athletic
        • Men
        • Women
        • Children
      • Non-athletic
        • Men
        • Women
        • Children
      • Home Décor and Furnishing
        • Decorative Wall Hangings’
        • Tabletop decorative items
        • Hanging Storage
        • Leather Furniture
        • Other
      • Pet Accessories
        • Pet Collar and Leads
        • Leather Pet Toys
      • Automotive Accessories
        • Seating Systems
        • Others

Leather Goods Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of the Leather Goods Market

  • Adidas AG
  • Nike, Inc.
  • Puma SE
  • Fila, Inc.
  • New Balance Athletics, Inc.
  • Knoll, Inc.
  • Samsonite International S.A.
  • VIP Industries Ltd.
  • Timberland LLC
  • Johnston & Murphy
  • Woodland Worldwide
  • Hermès International S.A.
  • Louis Vuitton Malletier
  • VF Corporation
  • COLLAR Company
  • LUCRIN Geneva
  • Nappa Dori
  • Saddles India Pvt. Ltd.
  • Lear 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.

Battery Market Insights Business Opportunities, Current Trends And Forecast 2030: Grand View Research Inc.

 Battery Market Growth & Trends

The global battery market size is expected to reach USD 329.84 billion by 2030, registering a CAGR of 15.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Global battery market is expected to observe significant growth during the forecast period owing to the high use of UPS devices in healthcare, chemical, and oil & gas sectors for continuous power supply. This is expected to propel the growth of the battery market. Lead acid batteries are used in critical applications on account of their high reliability and low cost. However, lithium-ion battery is expected to capture a significant portion of the lead acid battery market during the forecast period on account of their low energy density and lightweight.

Lithium-ion led the battery market by product segment in 2022. The rising adoption of lithium-ion batteries in applications such as electric vehicles, consumer electronics, and energy storage systems is expected to augment the growth of the battery market during the forecast period. The reasons can be attributed to the high energy density and low maintenance properties. Nickel metal hydride and nickel-cadmium batteries are the next major segments in the global battery market.

Global electrification and energy storage are booming as a result of the recent shift from fossil fuels to renewable energy sources. The demand for batteries alone is expected to increase significantly due to the e-mobility industry. Lithium-ion battery solutions are expected to probably predominate in the near future, propelled by the EV industry.

Asia Pacific battery market is expected to grow significantly due to the rising demand for lead acid batteries and lithium-ion batteries brought on by the high power and electricity consumption as well as various amenities like UPS and telecom in nations like China, India, and Japan. The automotive industry in Japan is expanding more quickly than in other developed nations and is moving toward the use of SLI battery products. Due to the expanding automotive industry in China, India, and Malaysia, this trend is anticipated to continue. In addition, the presence of significant battery producers in China and Korea is expected to promote market growth.

Request a free sample copy or view the report summary: Battery Market Report

Battery Market Report Highlights

  • In terms of revenue, the Lithium-ion in product segment accounted for the largest share of the battery market with 40.77%, in 2022 and is further expected to dominate during the forecast period
  • The automobile sector emerged as the largest market share holder in the end-use segment due to the growing demand for lithium-ion batteries in electric vehicles
  • The industrial battery segment is anticipated to be the fastest-growing application segment owing to growing requirements for efficient power backup and energy storage systems in various industries such as power generation, chemical manufacturing, marine, recreation equipment, and agricultural machinery & equipment
  • In 2022, the Asia Pacific accounted for more than 55.67% share of the overall market owing to the expanding automotive industries in China, India, and Malaysia. In addition, the presence of significant battery producers in China and Korea is expected to promote market growth
  • Vendors operating in the market adopt various strategic initiatives to fuel the growth of the market. For instance; In November 2022, LG Chem announced an investment of USD 3.2 billion in 2023 to develop a cathode manufacturing plant in Clarksville, Tennessee, U.S.

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

Battery Market Segmentation

Grand View Research has segmented the global battery market report based on the product, end-use, application, and region:

Battery Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Lead Acid
  • Lithium Ion
  • Nickel Metal Hydride
  • Nickel Cadmium
  • Lithium Titanate Oxide (LTO)
  • Others

Battery End-use Outlook (Revenue, USD Billion 2018 – 2030)

  • Aerospace
  • Automobile
  • Electronics
  • Energy Storage
  • Military & Defense
  • Others

Battery Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Automotive Batteries
  • Industrial Batteries
  • Portable Batteries

Battery Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Battery Market

  • A123 Systems LLC
  • BYD Company Ltd.
  • GS Yuasa International Ltd.
  • Hitachi, Ltd.
  • Johnson Controls
  • LG Chem
  • NEC Corporation,
  • Panasonic Corporation
  • Samsung SDI Co., Ltd.
  • Toshiba 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.

Oral Care Market Size Projected to Rise Lucratively during 2022 to 2030: Grand View Research Inc.

 Oral Care Market Growth & Trends

The global oral care market size is expected to reach USD 58.5 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2022 to 2030. Growing cases of dental caries and rising awareness among people regarding oral hygiene have contributed to the market growth. According to FDI World Dental Federation, oral diseases affect around 3.5 billion people worldwide and it is estimated that around 2.3 billion people suffer from dental caries (tooth decay) of permanent teeth, globally. The lack of a proper diet is one of the leading factors contributing to the increase in the number of dental problems worldwide. Proper brushing of the teeth using toothpaste containing fluoride and a toothbrush can hinder dental problems to a significant extent, thereby creating demand for these products.  

Various awareness programs initiated by major players have led to increased awareness regarding oral hygiene among people of both developed as well as developing countries. For instance, the BRIGHT SMILES, BRIGHT FUTURES program by Colgate-Palmolive Company has been proactively involved in providing dental screenings and spreading oral health education with over billions of children and their families in many countries benefited from it. Thus, such support and initiatives have played a significant role in creating awareness among consumers worldwide about the importance of oral and dental hygiene. Furthermore, bringing new products into the market is another significant driver influencing the demand for oral care products. The launch of advanced products, such as powered toothbrushes and toothpaste, has transformed the market. In December 2020, P&G’s Crest, Oral-B, and Blend-a-med announced the launch of its first-ever recyclable high-density polyethylene toothpaste tubes in Europe and North America.

The COVID-19 pandemic has significantly affected the market. Initially, due to lockdown and global restrictions being imposed in most countries, many dental treatments and procedures were halted. The COVID-19 pandemic initially caused a massive disruption in the supply chain of the overall medical industry. However, leading personal care players such as Colgate-Palmolive Company; Johnson & Johnson Services, Inc.; and Procter & Gamble witnessed a rise in their sales from the oral care segment as consumer focus on hygiene is growing.

Request a free sample copy or view the report summary: Oral Care Market Report

Oral Care Market Report Highlights

  • In 2021, the toothpaste product segment dominated the market with a revenue share of over 25.0% due to the increase in the number of people using different forms of toothpaste
  • The toothbrush product segment is expected to grow at the fastest rate during the forecast period. The availability of a wide range of advanced and innovative products, such as battery-powered and electric toothbrushes, is fueling the segment growth
  • The Asia Pacific held the largest market share in 2021 and is also projected to be the fastest-growing segment during the forecast period. This is due to the rising awareness about oral health among people in developing countries, such as India and China
  • Leading players are coming up with easy-to-use and innovative oral care products, which has increased the adoption of oral care products at home

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

Oral Care Market Segmentation

Grand View Research has segmented the global oral care market based on product, product type, application, distribution and region:

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

  • Toothbrush           
    • Manual
    • Electric (Rechargeable)
    • Battery-powered (Non-rechargeable)
    • Others
  • Toothpaste
    • Gel
    • Polish
    • Paste
    • Powder
  • Mouthwash/Rinse
    • Medicated
    • Non-medicated
  • Denture Products 
    • Cleaners
    • Fixatives
    • Floss
    • Others
  • Dental Accessories          
    • Cosmetic Whitening Products
    • Fresh Breath Dental Chewing Gum
    • Tongue Scrapers
    • Fresh Breath Strips
    • Others
      • Oral Irrigators
      • Mouth Freshener Sprays

Oral Irrigator Product Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Countertop
  • Cordless

Oral Irrigator Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Home
  • Dentistry

Oral Irrigator Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Hypermarkets/Supermarkets
  • Specialty Stores 
  • Drug Stores & Pharmacies
  • Convenience Stores
  • Online Retailers
  • Other Sales Channel

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

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Thailand
    • Malaysia
    • Singapore
    • Indonesia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE

List of Key Players of the Oral Care Market

  • Procter & Gamble Company
  • Johnson & Johnson Services, Inc.
  • Colgate-Palmolive Company
  • GlaxoSmithKline plc.
  • Church & Dwight Co., Inc.
  • Fresh, LLC
  • Dentaid
  • Lion Corporation
  • Sunstar Suisse S.A.
  • Henkel AG & Co. KGaA
  • Unilever PLC
  • DABUR INDIA LTD.
  • ULTRADENT PRODUCTS

About Grand View Research

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

Europe Nutrition And Supplements Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Europe Nutrition And Supplements Market Growth & Trends

The Europe nutrition and supplements market size is expected to reach USD 109.89 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.0% from 2023 to 2030. The growing inclination of the European population towards fitness and health is a key factor driving the market. The demand for enriched foods, functional foods, and nutritional supplements across European countries has also risen. The newfound interest in preventative health using supplementation and functional foods has also contributed significantly to the growth.

The high prevalence of diseases like diabetes, cardiovascular diseases, and other chronic diseases has urged people to follow a healthier lifestyle and incorporate nutrient-rich food, using nutritional supplements as well as immunity-boosting supplements. The COVID-19 pandemic resulted in a sudden spike in this department. The sales reached exponentially high values as compared to previous years and this was a key factor driving the market.

Sports nutrition and other nutritional supplements have been gaining a lot of popularity in recent years. Fitness and well-being have become a priority for combating lifestyle diseases and leading healthy lives. Holistic nutrition has also been in trend and is also contributing to the growth of the European market. With the opening of new fitness centers and gyms post COVID restrictions, the engagement in sports activities is increasing and has also led to the increased consumption of sports nutrition supplements like protein shakes and weight loss products, thus significantly contributing to the market growth.

The functional foods and beverages product segment consisting of probiotics, omega-3, and others dominated the market in 2021. The rise in demand for these products has been largely due to their multifarious benefits and their promotion on social media platforms through influencers and fitness enthusiasts. The sports nutrition category has been gaining a lot of traction owing to an increase in interest in maintaining a healthy and active lifestyle as a preventative measure to avoid lifestyle diseases. As per Europa, the physically active population across Europe was about 54% in the recent Eurobarometer survey. This has been a key factor fueling the growth of the European market.

Powder formulation was the largest segment in 2021. High product density in the European market, ease of consumption, and benefits of high absorption rates are fueling the growth in the segment. The majority of the sports nutrition segment has product offerings in powder formulation, which has also contributed significantly to the growth. The capsules segment is expected to witness lucrative growth in the forecast period due to the advantages like low chances of GI tract irritability, ease of consumption, and unlike powder formulations, doses can be changed as per needs.

The adult consumer group segment dominated the market in 2021. The growing interest in health and fitness and a keen interest in avoiding potential lifestyle diseases have been the key growth drivers. The adult population’s susceptibility to developing disorders and diseases has also led to the increased consumption of supplements, thus driving the segment. The geriatric consumer group segment is expected to grow owing to the need for nutrient supplementation for combating deficiencies and maintaining a healthy diet. These have been key factors fueling the growth of the market in Europe.

The brick-and-mortar sales channel accounted for the largest revenue share of over 70.0% in 2021. The pandemic saw a massive spike in the sales of nutrition supplements through both online and retail sales. The majority of the consumers have been shifting towards online purchases of supplements. This paradigm shift has made the e-commerce platform the fastest-growing channel for distribution in Europe. The key market player strategies for increasing sales have been towards using online sales channels to reach a wider population base, which eventually has contributed to the growth of the nutrition supplements market.

The rest of Europe had the largest revenue share in 2021. Countries like Sweden and Norway are increasingly becoming leading markets for nutritional supplements and associated products. Increasing demand for veganism and natural foods has been leading the market towards growth. Other countries the U.K., Germany, and Italy have also been registering increasing demand for nutritional supplements. The Italian population has been increasingly using dietary supplements and the interest in functional foods has risen. Due to this, the sales have skyrocketed, resulting in a massive growth of the market in the country. The increase in the number of elderly people in these countries and the rising demand for dietary supplements and functional foods as a means to a healthy lifestyle have been the key factors fostering the growth of the market.

The COVID-19 pandemic has immensely contributed to the growth of the nutrition and supplements market in Europe. Western Europe, which was highly impacted due to COVID, along with other regions saw a monumental increase in sales of immune-boosting supplements, vitamins, and other nutrition supplements. A survey conducted by the Italian Association of Health Products Manufacturers and Distributors showed a peak in online sales, amounting to $1.17 billion during the pandemic.

Request a free sample copy or view report summary: Europe Nutrition And Supplements Market Report

Europe Nutrition And Supplements Market Report Highlights

  • The functional foods and beverages product segment accounted for the largest revenue share of 55.4% in 2022. The demand for these products has risen significantly owing to a shift in people’s consciousness toward health
  • The powder formulation segment held the largest revenue share of over 38% in 2022. The wide range of products available in the powder form for consumption across all age groups is driving this segment
  • The adults' consumer group segment captured the largest revenue share of around 51% in 2022 owing to an increase in awareness regarding health as well as the adoption of nutrient supplementation to avoid lifestyle or deficiency-related diseases
  • The e-commerce sales channel segment is expected to emerge as the fastest-growing segment over the forecast period owing to strategic initiatives undertaken by companies to boost product sales
  • The rest of Europe including countries like Sweden and Norway is leading the market. Italy, the U.K., and Germany are among other countries with the increasing consumption and demand for nutrition supplements across Europe

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-nutrition-supplements-market-analysis

Europe Nutrition And Supplements Market Segmentation

Grand View Research has segmented the Europe nutrition and supplements market on the basis of product, consumer group, formulation, sales channel, and country:

Europe Nutrition And Supplements Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Sports Nutrition
    • Sports Supplements
      • Protein Supplements
        • Egg Protein
        • Soy Protein
        • Pea Protein
        • Lentil Protein
        • Hemp Protein
        • Casein
        • Quinoa Protein
        • Whey Protein
          • Whey Protein Isolate
          • Whey Protein Concentrate
        • Vitamin
        • Minerals
          • Calcium
          • Potassium
          • Magnesium
          • Iron
          • Zinc
        • Amino Acids
          • BCAA
          • Arginine
          • Aspartate
          • Glutamine
          • Beta Alanine
          • Creatine
          • L-carnitine
        • Probiotics
        • Omega -3 fatty acids
        • Carbohydrates
          • Maltodextrin
          • Dextrose
          • Waxy Maize
          • Karbolyn
        • Detox Supplements
        • Electrolytes
        • Others
      • Sports Drinks
        • Isotonic
        • Hypotonic
        • Hypertonic
      • Sports Food
        • Protein Bars
        • Energy Bars
        • Protein Gels
      • Meal Replacement Products
      • Weight Loss Products
    • Fat Burners
      • Green Tea
      • Fiber
      • Protein
      • Green Coffee
      • Others
    • Dietary Supplements
      • Vitamins
        • Multivitamin
        • Vitamin A
        • Vitamin B
        • Vitamin C
        • Vitamin D
        • Vitamin E
      • Minerals
      • Enzymes
      • Amino Acids
      • Conjugated Linoleic Acids
      • Others
    • Functional Foods & Beverages
      • Probiotics
      • Omega -3
      • Others

Europe Nutrition And Supplements Formulation Outlook (Revenue, USD Million, 2018 - 2030)

  • Tablets
  • Capsules
  • Powder
  • Softgels
  • Liquid
  • Others

Europe Nutrition And Supplements Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Brick & Mortar
    • Direct Selling
    • Chemist/Pharmacies
    • Health Food Shops
    • Hyper Markets
    • Super Markets
  • E-commerce

Europe Nutrition And Supplements Consumer Group Outlook (Revenue, USD Million, 2018 - 2030)

  • Infants
  • Children
  • Adults
    • 21-30 years
    • 31-40 years
    • 41-50 years
    • 51-65 years
  • Pregnant
  • Geriatric

Europe Nutrition And Supplements Country Outlook (Revenue, USD Million, 2018 - 2030)

  • UK
  • Germany
  • France
  • Italy 
  • Spain
  • Denmark
  • Sweden
  • Norway

List of Key Players of Europe Nutrition And Supplements Market

  • Amway
  • Bayer
  • Sanofi
  • Abbott
  • Nestle
  • Pfizer

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.

Automotive Wrap Films Market to Undertake Strapping Growth By 2030

Automotive Wrap Films Market Growth & Trends The global  automotive wrap films market  size is anticipated to reach USD 28.89 billion by...