Pre-Shave Care Market is Anticipated to Reach at a US$ 7.9 Bn by 2022 | FMI

The pre-shave care market is anticipated to reach US$ 7.9 billion valuation in 2022 , will increase at a 5.3% CAGR, pushing the market size to US$ 13.4 Bn by 2032. Share of pre-shave care market is approximately 45-48% in the global shaving care market.

Further, consumers are getting more inclined towards getting pedicures, facials, and aromatherapy. Sales of men pre-shave care products are expected to grow significantly, owing to rising urbanisation and a growing tendency toward individualism.

Increasing demand for men’s grooming products is expected to create opportunities for growth in the pre-shave care market. Manufacturers are investing in advertising techniques, along with research and development to cater to the growing demand.

Men’s grooming routines among all age group have become more elaborate over the years, resulting in the development of numerous male grooming products, including pre-shave care products.

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In addition to this, increasing popularity of websites that sell men’s health and fitness products, as well as the rising number of magazines focused on men’s grooming and lifestyle, are contributing to the growth in the market.

Key Takeaways:

  • Based on product type, sales of pre-shave foam are projected to grow at a 5.6% CAGR over forecast period.
  • By nature, demand in the natural segment will increase at a 7.9% CAGR over the forecast period.
  • In terms of price range, the mid-range segment will account for 55.6% of the total market share in 2022.
  • Based on sales channel, sales in the online segment will grow at a 8.3% CAGR through 2032.
  • The U.S. pre-shave care market accounted for 87.9% of the North America market share in 2021.
  • Germany held over 25.7% of the Europe pre-shave care market in 2021, and the trend is expected to continue over the forecast period.
  • In 2021, India accounted for 37.7% of the South Asia pre-shave care in 2021, emerging as a lucrative pocket in the region.

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Competition Landscape

Leading manufacturers of pre-shave care products are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the pre-shave care market are Claus Porto, Edgewell Personal Care Company, L’Oreal SA, Kiehl, Johnson & Johnson, Bold For Men, Energizer Holdings, Inc., Malhotra Shaving Products Ltd, Acqua DI Parma, Beiersdorf AG, Godrej Group and Siemens Healthcare among others..

Global Pre-Shave Care Market by Category

By Product Type:

  • Pre-Shave Foam
  • Pre-Shave Cream
  • Pre-Shave Gel
  • Pre-Shave Soap
  • Other Pre-Shave Products

By Nature Type:

  • Natural/Organic
  • Conventional

By Consumer Orientation:

  • Men
  • Women

By Price Range:

  • Low
  • Medium
  • Premium

By Sales Channel:

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Multi-Brand Stores
  • Salon/Grooming Clubs
  • Drug Stores & Pharmacies
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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Inflatable Tents Market Set to Witness an Uptick Size US$1,496.0 Mn to 2028: Future Market Insights, Inc.

The global inflatable tents market research has forecast to register year-on-year growth of 7.6%, reaching a value of about US$ 969 Mn by the end of 2022.

Preliminarily driven by military and commercial applications, inflatable tents are witnessing healthy sales in recent years. At an estimated 7.5% year on year revenue growth in 2019, the market for inflatable tents is likely to exceed US$ 750 Mn.

According to a newly released intelligence study by Future Market Insights, a majority of the growth of inflatable tents landscape will remain concentrated in developed markets – especially in the US and Western Europe. However, inflatable tents landscape is on the verge of discovering a promising growth scenario within Asia Pacific in the coming years, as indicated by the report.

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North America & Europe Make up for most of the Revenue in Inflatable Tents Landscape

The US alone is the massive revenue generator in the global inflatable tents landscape, as over a million US-based families have been camping each year in the recent past. On the other side, Europe inhabits a vast millennial population that frequently plans adventure tours and camping activities, directly encouraging sales of gear such as inflatable tents.

North America currently holds just-under 1/3rd share of the global revenue, which is clearly attributed to the widening application base in military and adventure tourism. Whereas, growing demand for inflatable tents for personal applications is shaping the European market.

Segmental Analysis of Inflatable Tents Landscape

  • Based on the type of inflatable tents, self-erecting tents that are currently covering the most of market revenue share, continue to enjoy higher sales owing to their high convenience quotient. Hybrid tents on the flipside represent a lower value share in inflatable tents market.
  • On the basis of shape of inflatable tents, dome shaped tents continue to dominate over the coming years. However, tunnel shaped inflatable tents are likely to represent a higher incremental opportunity.
  • By end use of inflatable tents, military holds more than 50% share of the total market value at present, which is predominantly driven by storage and medical applications that attract substantial revenue to the military segment. An equal incremental opportunity is projected for both segments, i.e. military and personal by 2020.

Key Insights Drawn from Competitive Landscape Analysis of Inflatable Tents Market

The global market for inflatable tents is a highly fragmented competitive landscape governed by a large number of small players, accounting for the lion’s share in the total revenue. The Tier 1 players include both private and public companies that have strong global presence; however, they account for a mere 25% share in the inflatable tents market value.

  • Regional players are taking concentrated efforts in strategizing brand management and promotion.
  • Consolidation of sales and distribution network is a priority for an enhanced market footprint.
  • Retail store expansion and strengthening of direct-to-consumer channel are emerging popular trends among manufacturers, especially regional brands.
  • The focus on inflatable tent sales through Ecommerce is zooming in with an objective of achieving maximum market penetration.
  • Price optimization is likely to be a priority for players looking forward to entering developing markets for inflatable tents.
  • Improved raw material and product quality through technological innovation is being increasingly considered as a key strategy for better RoI.
  • Beyond poly cotton, development of lightweight raw materials is attracting R&D interests of inflatable tent manufacturers.

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Global Inflatable Tents Market by Category

By Material Type :

  • PVC
  • Poly-Cotton
  • Nylon

By Type :

  • Self-Erecting
  • Hybrid

By Shape :

  • Dome
  • Tunnel
  • Geodesic

By End Use :

  • Military
  • Commercial
  • Personal

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • MEA
  • APEJ
  • Japan

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Plus Size Clothing Market is Said to Progress at a 5.7% CAGR in 2022 – 2032 | FMI

The plus size clothing market is valued at US$ 601.7 Bn in 2022 and is projected to reach US$ 1,044.3 Bn by 2032. The plus size clothing market is estimated to register a CAGR of 5.7% during the forecast period.

The COVID-19 epidemic had a negative impact on the market share for plus-size clothing. The sales of plus size apparel have fallen as a result of a lack of labour, production issues like fabric shortages and order cancellations, lower exports, and a decline in consumer spending on non-essential items.

Sales of plus size clothing are anticipated to increase at the quickest rate during the duration of the prediction. The need for products that give the same level of luxury as customers in other sizes will increase the market for plus-size clothes between 2022 and 2032.

In response to the rising demand for plus size clothing, retailers are focusing on launching plus size apparel. In order to attract more customers, Walmart launched a new plus-size brand named Terra and Sky in 2018. High street plus size apparel retailers such as River Island, Marks & Spencer, and New Look offer a wide range of plus size items to suit demand.

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This move by the multinational companies is anticipated to boost the sales of plus size clothing and plus size clothing market revenue growth in the forecast period.

The market share for plus-size clothes is increasing as obesity and overweight problems become more prevalent. Additionally, the desire for plus size apparel that represents the most recent fashion trends rises as plus-size clients’ confidence in their bodies increases.

Strong fashion marketing and promotional efforts, especially on the covers of magazines like Vogue, Cosmopolitan, Elle, and Glamour, have increased plus-size women’s self-confidence and body acceptance, which has improved plus size clothing sales.

The market for plus size apparel has also been boosted by a number of factors, including celebrity endorsements and a positive public impression of persons who are plus sizes.

KEY TAKEAWAYS:

  • The male category is expected to lead the plus size clothing market in terms of customer orientation.
  • The casual wear category dominated the plus size clothing market, with a CAGR of 4.8 percent, due to increased acceptance and acceptability of casual wear among consumers for social occasions.
  • During the forecast period, the mid-priced plus-size clothing segment is expected to dominate the plus size clothing market.
  • With the greatest obese population and the most money spent on plus size clothing, the United States leads the market.
  • The Asia-Pacific region is forecast to grow at the highest rate, resulting in rising obesity rates among individuals in the next years.
  • Europe is expected to develop rapidly in the global plus size clothing industry from 2022 to 2032.

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COMPETITIVE LANDSCAPE:

Key companies profiled in the plus size clothing market report include Forever21 Inc., MANGO, H&M Hennes & Mauritz AB, Hanesbrands Inc., FTF IP COMPANY, INC., Lucky Brand LLC, Under Armour®, Inc., NIKE, INC., ASOS plc, RALPH LAUREN CORPORATION, and WHP Global (Anne Klein).

There is tremendous manufacturer competition in the plus size clothing market. New product introductions, assisted by advertisements and promotional events organised by major manufacturers and designers, are driving the growth of the plus size clothing market.

RECENT DEVELOPMENT:

Partnerships, Product Launches, Collaborations, and Agreements:

  • Customers were thrilled when LOFT, a business that creates contemporary women’s clothing, announced the addition of a plus-size category to its catalogue in 2018.
  • PVH bought True & Co., an online start-up, in 2017 to expand their plus-size innerwear product line.
  • The name “Evans Outsize” has been changed to “Evans.” In 2018, Marks and Spencer replaced the phrase “plus size” with “curve” to appeal to customers.

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Key Segments

By Product Type:

  • Casual Wear
  • Formal Wear
  • Sportswear
  • Others

By Consumer Orientation:

  • Male
  • Female

By Size Type:

  • 1 XL
  • 2 XL
  • 3 XL
  • 4 XL
  • Above 4 XL

By Price Range:

  • Economy
  • Mid-Range
  • Premium

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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Glass Door Merchandizers Market keytrends Worth US$ 13,557.9 Mn by 2028, Growing at a CAGR of 7.5% From 2022 – Exclusive Report by Future Market Insights

FMI presents detailed analysis and delivers key insights on the global glass door merchandiser market keytrends in its latest report titled ‘Glass Door Merchandiser Market: Global Industry Analysis 2013-2021 & Opportunity Assessment 2022-2028’. The long-term outlook on the global glass door merchandiser market is positive with the glass door merchandiser market expected to be pegged at a value of US$ 6,686.1 Mn in 2022.

It is expected to reach US$ 13,557.9 Mn by 2028 end while growing at a value CAGR of 7.3%. Among the segments by configuration, the self-contained glass door segment is expected to account for the lion’s share in terms of value and volume over the forecast period. The hinged door type segment is expected to expand at a relatively higher CAGR.

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Among regions, Asia Pacific excluding Japan (APEJ) is anticipated to retain its dominance throughout the forecast period while growing at a rate of 9.03% from 2022 to 2028. In this report, FMI throws light on the drivers and restraints likely to impact the glass door merchandiser market during this period.

Global Glass Door Merchandiser Market: Dynamics

Market insights suggest that the global glass door merchandiser market will witness high growth during the forecast period, which can be attributed to the growing economies, urbanisation, increasing standard of living of people and infrastructural developments taking place in the region.

Growing food and beverages consumption and growing focus being put on marketing and promotion of products to attract the customers are the two factors pushing the market for glass door merchandisers.

Growing demand of food and beverages product displays for promoting and marketing food and beverages products to attract customers will further add to this demand. The need for higher output with fewer resources is driving the development of new technologies, especially in the retail industry.

The use of glass door merchandiser products increases the food and beverage selling capacity of retailers. Economic growth, increasing standard living of people and urbanisation in developing countries, such as India, China and Asia Pacific region, will boost the demand in the global glass door market.

However, increase in raw material prices will be a major restraint for the global glass door merchandiser market. Major global players are partnering with various companies and distributors to sell their products and to increase their footprint in the global glass door merchandiser market. Technology advancements and research and development activities will create new opportunities for the major players in the global glass door merchandiser market.

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Global Glass Door Merchandiser Market: Segments

The glass door merchandiser market has been segmented on the basis of application into retail outlet, commercial complexes and commercial kitchens. On the basis of application, the retail segment is anticipated to dominate the glass door merchandiser market in terms of value and volume over the forecast period. The retail segment is also projected to grow at a relatively higher CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 4622846 Mn between 2022 and 2028 in the global glass door merchandiser market.

Global Glass Door Merchandiser Market: Regional Outlook

Regionally, Asia Pacific accounted for over 49% of the global glass door merchandiser market value while North America accounted for the second largest share in the global glass door market in the forecast period form 2022-2028. China, India and SEAP are projected to be the fastest growing regions with a CAGR of 9% during the forecast period.

Large population base, growing economies, urbanisation, improving standard of living and infrastructural developments are some of the important factors driving the demand in the glass door merchandiser market.

Global Glass Door Merchandiser Market: Key Participants

The report highlights some of the top companies operating in the global glass door merchandiser market including Traulsen, Tuobo Air Inc, Arneg Group, Everest, Liebherr, UAB Feror LT, True manufacturing Co.Inc, Migali industries, Anthony Inc and Hussmann Corporation.

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Gym Apparel Market is Expected to be Worth About US$ 384.8 Bn in 2032 | FMI

The global gym apparel market is expected to be worth about US$ 384.8 billion, up from a net worth of US$ 204.5 billion in 2021. By the end of 2032, the global market is anticipated to expand between 2022 and 2032 at a moderate CAGR of 6.2%.

Many people were urged to start their own personal gyms or join ones in their communities in response to the lockdown’s increasing length. Very soon after the Covid-19 pandemic outbreak, there was a significant increase in the number of people going to the gym every day, which fueled the expansion of the gym clothing business.

The global market assessment on gym gear goods reported that during the first few months of the Covid-19 pandemic, gym apparel sales significantly decreased. Having said that, this new market research analysis on gym apparel data explains some of the positive effects of Covid-19, which were crucial in driving up demand for gym clothing in the years that followed.

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Gym gear producers are introducing new innovative components into their products to meet the current demands of the burgeoning smart wear trend.

Furthermore, several technological advancements aimed at boosting user performance and comfort are projected to help the gym gear business. One of the biggest breakthroughs for the rising trends in the gym gear market is the introduction of smart nanotechnology fabric.

Key Takeaways

  • The present value of the global gym apparel market is estimated to be around US$ 210.8 Billion in the year 2022.
  • The net worth of the global gym apparel market is expected to witness an absolute increment of US$ 174 Billion over the forecast period of 2022 to 2032 that may take the net worth up to US$ 384.8 Billion by the end of 2032.
  • Sweatshirts and tanks are the most popular product type segment of the gym apparel market share that is expected to witness the highest the growth rate of nearly 4% during the forecast period.
  • Online retailers or e-commerce platforms are the rapidly expanding segments for the global gym apparel market future trends on the basis of the supply chain.

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Leading Companies Profiled in Gym Apparel Market are

  • Adidas AG
  • ASICS Corp
  • Columbia Sportswear
  • Dick’s Sporting Goods Inc.
  • G-III Apparel Group Ltd.
  • Gildan Activewear Inc.
  • Hanesbrands Inc.
  • Nike Inc.
  • PUMA SE
  • PVH Corp
  • VF Corp
  • New Balance

Key Segments

By Product Type:

  • Shirts
  • Pants
  • Shorts
  • Sweatshirts
  • Hoodies
  • Tank-top
  • Others

By Material Type:

  • Nylon
  • Wool
  • Polyester
  • Others

By Consumer Orientation:

  • Men
  • Women
  • Unisex

By Sales Channel:

  • Direct Sales
  • Franchised Stores
  • Specialty Stores
  • Online Retailers
  • Mono Brand Stores
  • Wholesalers or Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

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Stainless Steel Welded Pipe Market forecast to receive overwhelming hike US$ 20.9 Bn in Revenues by 2028: Exclusive Report by FMI

This interesting finding is taken from a recent market research study by Future Market Insights on the global market. According to the report, revenue from the sales of stainless steel welded pipes market Forecast is projected to reach a whopping US$ 20.9 Bn by 2028, from an estimated US$13.5 Bn in 2018. This is indicative of a growth rate of 4.5% during the 10 year period from 2018 to 2028.

Stainless steel is currently the most preferred raw material used to manufacture pipes, owing to its less corrosive and easy-to-fabricate nature. However, carbon steel or mild steel has certain inherent advantages over stainless steel – carbon steel has more strength, is more malleable, and provides better thermal conductivity than stainless steel. Owing to these factors, carbon steel is slowly being preferred over stainless steel in the manufacturing of heavy equipment. Advancements in welding and fabrication technology may lead to increased adoption of carbon steel over stainless steel, thereby negatively impacting revenue growth of the stainless steel welded pipes market.

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Increasing Adoption of Recycled Stainless Steel and Rising Use in Pre-Engineered Buildings Trending the Global Stainless Steel Welded Pipes Market

There has been a rising adoption of scrap metal including scrap iron and steel in the production of steel in countries such as China and India in keeping with global initiatives to reduce the carbon footprint. Recycled steel is being widely used across industries to eliminate the need for mining newer reserves of iron ore and also to reduce air pollution by eliminating carbon dioxide emissions. This positive approach of the iron and steel industry towards managing global warming is being observed as a key trend in the stainless steel welded pipes market.

In the last few years, pre-engineered buildings have become a critical component of both the industrial and commercial sectors globally. Stainless steel is an important raw material used to construct pre-engineered buildings. Rapid industrialisation and the resulting urbanisation is leading to rapid growth in the construction of pre-engineered buildings, thereby fuelling demand for stainless steel. This factor is expected to bode well for the growth of the stainless steel welded pipes market.

Another trend being observed in the global stainless steel welded pipes market is the use of stainless steel pipes in distributing drinking water. The good strength, grade resistance, corrosion resistance, ductile nature, and mechanical properties of stainless-steel make it ideal for constructing pipes that carry drinking water. This is driving the demand for stainless steel welded pipes in the water distribution and transportation industry across the world.

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Burgeoning Global Construction Industry and Growth of Water and Wastewater Management to Boost Revenue Growth of the Stainless Steel Welded Pipes Market

Rapid industrialisation has led to mass urbanisation across the globe, leading to an increase in demand for both residential and commercial properties. This has fuelled investments in the global construction sector, consequently upping the demand for stainless steel welded pipes. Further, instrumentation equipment, industrial piping, water supply and transportation, and petrochemicals require complex piping solutions that necessitate the use of stainless steel welded pipes. This factor is expected to augur well for revenue growth of the global stainless steel welded pipes market in the near future.

Urbanisation brings with it rising demands for clean and pure drinking water and the governments of several developing countries are moving towards the use of stainless steel pipes in the installation of water pipelines for both domestic consumption and agricultural purposes. Governments across the world are also planning strategic initiatives pertaining to wastewater management to reduce water pollution and improve the quality of water by setting up effective industrial wastewater collection systems that incorporate stainless steel welded pipes. This is further expected to push revenue growth of the global stainless steel welded pipes market in the coming decade.

Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Stainless Steel Welded Pipes Market Background

3.1. Macro-Economic Factors

3.2. Global Economic Outlook

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor  the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Spend Analysis Software Market Present Scenario and Growth Prospects 2031

The spend analysis software market is estimated to grow by more than 18.4% CAGR from 2021-2031. Spend analysis software provide flexibility to organizations and provides real-time synchronization across the on-premises or cloud. It helps to calculate statistical analytics accessing options and traditional data processing while moving across the stream of data. Spend analysis is a process of collection, cleansing, analyzing and classifying expenditure data for the purpose of decreasing procurement costs, improving efficiency, and monitoring compliance.

According to latest research by, spend analysis software market is set to witness higher growth during 2021-2031. The market will show highest growth in coming years, owing to factors such as increasing adoption of software in various enterprises organizations across the globe, rising adoption of SaaS based software, and increasing use of cloud based deployment solutions. Moreover, security and data breach issues hampers the growth of the spend analysis software market.

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What is Driving Demand for Spend Analysis Software Market?  

The factors such as increasing adoption of software in various enterprises organizations across the globe, rising adoption of SaaS based software, and increasing use of cloud based deployment solutions is expected to drive the demand for the spend analysis software market.

Spend analysis software helps in financial planning and maintain transparency which spurs various opportunities to the growth of the business. Rising adoption of the Business Intelligence (BI) is also one of the driving the demand for spend analysis software market.

Increasing Demand for Advanced technology such as big data and the cloud computing technology is driving the adoption of Spend Analysis Software Market      

Increasing adoption for advanced technology such as big data and the cloud computing technology is driving the adoption of spend analysis software market. Such technologies used in predictive analytics. Predictive analytics & data provides helps in their decision making, discoveries about the companies, solve and deselect complicated business problems, and identify the competitive benefits.

Thus rising need for predictive analytics is been of the driving factor for the demand for spend analysis software market. Also rising adoption of spend analysis software solutions in various industries such as retail, supply chain and logistics, manufacturing, BFSI is expected to fuel the demand for the spend analysis software market.

Who are the Major Vendors of Spend Analysis Software Market?

Some of the leading vendors and companies of spend analysis software market include

  • SAS Institute Inc.
  • SAP SE
  • IBM Corporation
  • Coupa Software Inc.
  • Oracle Corporation
  • Zycus Inc.
  • Empronc Solutions Pvt. Ltd.
  • Rosslyn Analytics Ltd.
  • JAGGAER

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Spend Analysis Software Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Key Segments

By Solution:

  • Spend Analysis Software
    • Cloud Based
    • On-Premises
  • Services
    • Managed services
    • Professional services
      • Consulting services
      • Support and maintenance

By Analytics Type:

  • Predictive
  • Prescriptive
  • Descriptive

By Business Function:

  • Finance
  • Information Technology (IT)
  • Marketing
  • Procurement

By Organization Size:

  • Small and Medium Enterprises (SMEs)
  • Large enterprises

By Industry:

  • Manufacturing
  • Retail and e-commerce
  • Government and defense
  • Healthcare and life sciences
  • Telecommunications and IT
  • Energy and utilities
  • Banking, Financial Services, and Insurance (BFSI)
  • Others (construction, real estate, and education)

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By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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VCSEL Market Size, Share, CAGR & Forecast Report for 2031 | FMI

The VCSEL (Vertical-cavity Surface-emitting Laser) market is set to witness steady growth during 2021-2031. One of the major growth drivers for the VCSEL market happens to be the growing adoption of 3D sensing applications in smartphones coupled with rising in market investment for VCSEL manufacturing. Furthermore, due to increasing applications in in-cabin monitoring and LiDAR, the automotive industry offers substantial growth opportunities for VCSEL suppliers.

What is Driving Demand for VCSEL?

Major factors driving the growth of VCSELs happen to be the increasing 3D sensing applications in smartphones. 3D camera sensing makes use of a dot projector, flood illuminator, and proximity sensor which are all based on laser components of VCSEL. Hence, the increasing implementation of 3D sensing applications in smartphones is fueling the market growth.

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Moreover, VCSELs offer numerous advantages, such as optical efficiency, relatively low cost, wavelength stability, low power consumption, and higher modulating rates. Such factors have resulted in an upsurge in the adoption of VCSELs in 3D sensing applications in the market.

Multimode is Expected to Grow at the Highest CAGR in the VCSEL market by Type

The multimode VCSEL segment is anticipated to grow at a higher CAGR over the forecast period. Multimode VCSELs are primarily being used for 3D sensing applications. Moreover, multimode VCSELs are capable of offering higher data transmission rates over short reach as more than one optical mode is permitted inside the laser cavity.

Owing to their flexibility and wider application areas, the market for multimode type VCSEL is anticipated to hold the largest market share. Multimode VCSELs are also projected to grow at a significant CAGR owing to major applications in data centers and consumer electronics across the globe.

US and Canada VCSEL Demand Outlook

U.S. happens to be one of the major markets for VCSEL across the globe. The growth in U.S. is attributed to the presence of established players such as Lumentum, Broadcom, Coherent, FLIR, NeoPhotonics, Lytek Corporation, Leonardo Electronics, Ushio America, and Thorlabs, among others in the region.

Moreover, US happens to be one of the most competitive and rapidly changing markets across the globe. Besides, the region is also anticipated to adopt new technologies at a faster pace as compared to other countries in the world.

Europe Demand Outlook for VCSEL

Technological advancements in consumer electronic products, such as tablets and smartphones, have significantly augmented the demand for VCSELs across sensing applications.

Furthermore, VCSELs offer better optical competency than any other semiconductor materials and at affordable cost. Owing to this, there has been a rise in demand for VCSELs across different application areas in the Europe region.

Who are the Key Manufacturers and Suppliers of VCSEL?

Some of the leading providers of VCSEL include

  • Lumentum
  • II-VI Incorporated
  • ams
  • TRUMPF
  • Broadcom
  • Vertilite
  • Coherent
  • Alight Technologies
  • Connector Optics

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-14205

VCSEL Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Key Segments

By Type:

  • Single-Mode
  • Multimode

By Material:

  • Gallium Arsenide (GaAs)
  • Indium Phosphide (InP)
  • Others

By Wavelength:

  • Red
  • Near-Infrared (NIR)
  • Shortwave Infrared (SWIR)

By Sensing:

  • Sensing
  • Data Communication
  • Industrial Heating & Laser Printing
  • Emerging & Other Applications

By Industry:

  • Consumer Electronics
  • Data Center
  • Automotive
  • Commercial & Industrial
  • Healthcare
  • Military
  • Others

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By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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MFTPaaS Market Comprehensive Research Study and Strong Growth in Future 2031

The MFTPaaS market is expected to grow by more than 16.8% CAGR in the next five years. MFTPaaS enables cloud-based sharing of information among businesses which helps to transfer files between multiple enterprises or inside an enterprise.

According to latest research by Future Market Insights, MFTPaaS market is set to witness higher growth during 2021-2031. The market will show highest growth in coming years, owing to increasing adoption of cloud computing services and adoption & innovations in advanced technologies. Moreover, security of information and increasing cyber-attacks is expected to hamper the growth of the MFTPaaS market.

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What is Driving Demand for MFTPaaS Market?  

Growing need for adoption of cloud computing services and adoption & innovations in advanced technologies in recent years fuels the growth of the MFTPaaS market. Majority of enterprises adopts innovative enterprise applications for business/information transformation and enterprises also uses advanced data transfer technologies which helps them to secure enterprise data.

It fuels the demand for the MFTPaaS market. Also increasing demand for the advanced technologies such as big data, IoT, penetration of digital technologies is expected to drive the demand for the MFTPaaS market.

Increasing need for Secure File Transfer is Driving the Adoption of MFTPaaS Market      

The enterprises need secure file transfer such as share solutions and enterprise file sync with security, integration, compliance. But along with the cloud computing technology the risk of data breach gas been increased. As well as sophistication in cyber-attacks also fuels the demand for the highly secure data transfer channels/platform for enterprises.

MFTPaaS provides highly secure data transfer channels/platform for enterprises/SMEs and helps to address security vulnerabilities associated with HTTP systems and old FTP. Thus increasing need for secure file transfer owing to increasing number of cyber-attacks is expected to drive the demand for the MFTPaaS market.

Who are the Major Vendors of MFTPaaS Market?

Some of the leading vendors and companies of MFTPaaS market include

  • IBM Corporation
  • CA Technologies
  • Oracle Corporation
  • Axway Software
  • Citrix ShareFile
  • Accellion
  • Software AG
  • Wipro Ltd.
  • Coviant Software
  • Saison Information System
  • Tibco Software among others.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-14203

MFTPaaS Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Key Segments

By Service Type:

  • System-centric File Transfer
  • People-centric File Transfer
  • Extreme File Transfer

Industry:

  • Government
  • BFSI
  • Retail
  • Manufacturing
  • Energy & Utility
  • IT & Telecommunication
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
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Massage Guns Market is Said to Progress at a 7.4% CAGR in 2032 | FMI

The global massage guns market estimated valuation for 2022 is US$ 509.0 Mn. The report projects that by 2032, the market for massagers will be worth US$1 billion, growing at a 7.4% CAGR.

More people are favouring massage chairs with quick recovery times. Manufacturers of massage guns are embracing consumer-centric strategies to boost their sales and brand recognition.

Because they are portable and simple to use, massage guns are popular among athletes. Ideally, only a few factors play a role in consumers’ choice of purchases. Brand identity has a big influence on a lot of them. Not all of them, though, exhibit brand loyalty.

In order to strengthen their presence across various channels and develop a strong brand portfolio, businesses must act immediately. The functionality follows.

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For instance, in the case of massage gun, consumers often judge them on the basis of their efficiency. Therefore, products with higher wattage are likely to enjoy better goodwill which will be drawn by higher convenience and efficiency.

Consumers are increasingly adopting e-commerce platforms to purchase electronic items including massage gun, as they can avail special discounts and prices on a wide range of products.

In addition to this, e-commerce websites also help make the products as per the specific requirements of the customer, even if the product is not available in the market in a particular region. Leading e-commerce sites, including Alibaba and Amazon, are offering an extensive range of products from around the world.

Factors such as easy product accessibility, convenience, and ease of shopping irrespective of geographic presence will continue pushing sales of massage guns through online channels over the forecast period.

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“Increasing preference for portable massage guns among sports personnel and athletes is expected to drive sales in the market. Besides this, growing popularity of smart massage gins with temperature and vibration control is anticipated to augment the growth in the market,” says an FMI analyst.

Key Takeaways:

  • · Based on size, mid-size/handheld massage guns are predicted to account for a dominant share of the market through 2032.
  • · In terms of battery type, demand for rechargeable guns is projected to increase at a 7.7% CAGR through 2032.
  • · By sales channel, the indirect sales segment is anticipated to hold 83.8% of the total market share.
  • · In terms of end user, demand for massage guns likely to escalate among athletes at a 8.8% CAGR over the assessment period.
  • · U.S. will emerge as a lucrative pocket in North America massage guns market. Sales in the North America market are slated to increase at a 3.6% CAGR.
  • · Surging demand for rechargeable massage guns in the U.K. will place it as an attractive market, leading the Europe massage guns market.

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Who is winning?

Leading manufacturers of massage guns are focusing on smart promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the Massage Guns market are Therabody, LifePro, Hyperice Inc.,Renpho, Everyfun, HydraGun, Muscle Gun, Massage Guns Ireland, Recovapro, Essential Massage & Therapy Co.,Achedaway, Medcursor and Others.

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Global Massage Guns Market By Category

By Purpose:

  • Small Size/handheld
  • Mid-Size/Professional
  • Large Size/Powerful

By Battery:

  • Rechargeable
  • Replaceable

By Sales Channel:

  • Direct Sales
  • Indirect Sales

By End User:

  • Athletes
  • Chiropractor
  • Fitness Enthusiasts
  • Expectant Women
  • Others

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:                    

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