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Oral Care Market is Expected to Rise a Register Growth at A CAGR 5.6% During The Forecast Period

The oral care market size is expected to rise a register growth at a CAGR 5.6% during the forecast period 2021-2031. Global sales of oral care are expected to top US$ 96.1 Bn in 2031

As a result of the increase in prevalence of dental disease worldwide, people are focusing on oral hygiene more than ever before. Coupled with this, the growing awareness regarding the importance of maintaining oral hygiene has led to rise in expenditure on dental healthcare. Product innovation by the key players and their investment in promotional activities and marketing to touch base the maximum consumer base will aid expansion of the global oral care market.

Moreover, the existence of private/small clinics equipped with dental dispensaries are few of the factors fueling oral care sales. However, competitors are facing a surge of competitive pricing and limited consumer awareness of technological innovations is hindering the growth of the oral care or oral hygiene market.

Over the last few years, there has been a remarkable increase in the volume of oral-related medical problems. As indicated by the WHO, oral sicknesses are the fourth costliest illnesses for therapy in developing nations.

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Driven by the rising incidence of oral diseases, precautionary oral care products have become substitutions than going for medication. Moreover, increasing spending on oral care is paving way for the expansion of the oral care market.

In its recent edition of the study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors fuelling the demand for oral care products. The report tracks the demand for oral care in 20+ high-growth countries, along with analysing the impact COVID-19 has had on the market.

How Future Outlook of Oral Care Market Compares with Historical Sales?

According the World Health Organization (WHO) over 530 million children suffer from dental disease (dental caries) of primary teeth. The three most common cancers in some of the countries in Asia Pacific include oral cancer such as cancer of the lip or mouth.

Bacterial biofilm formation occur when microorganisms irreversibly attach to and then grow on teeth surface. When biofilm aggregation on dental or gingival tissues happens for a specific timeframe and combined with others factors, it can lead to dental caries or periodontal infection – the key reason for tooth decay.

Because of technological upgrades in the oral care industry, home-use oral care items are easily accessible to shoppers and in a wide range of variety. The toothbrush head is introduced in various structures and sizes; bristles are introduced in various hardness choices (hard, medium, delicate or extra-delicate).

Toothpastes are introduced in various groupings of fluoride and extraordinary renditions present characteristic segments, for example, propolis and jua, for explicit purposes, as tooth blanching, dental disintegration control or to decrease affectability. Mouth washes have a restorative or helpful use, only for mouth refreshing or for controlling plaque, gum disease, and dental caries.

Easy accessibility of a wide range of oral care products and effective marketing strategies have been enabling growth in the market.

How Has Oral Care Product Manufacturers Responded to COVID-19?

The oral care market like any other industry had to witness supply-chain disruptions caused amid COVID-19. Restrictions imposed amid lockdown caused the growth trajectory to flatten. However, leading companies continued their production activities despite restrictions since oral care products are classified as essential consumer good items.

Consumers’ purchasing pattern has been shifted to online shopping due to quarantine measures and social distancing protocols which effected the sales of oral care product. As a result some of the leading brands increasing focus on improving their online presence.

Will NV-HAP Prevention Protocols Create Growth Opportunities?

According to the World Health Organization (WHO), about 27.3% of patients conceded in Intensive Care Units (ICUs) fall debilitated to Non-Ventilator Hospital-Acquired Pneumonia (NV-HAP). To counter the frequency of NV-HAP, clinics are commanding administrative conventions for oral preventive consideration in ICUs, which will offer is a worthwhile chance for major parts in the oral care industry to satisfy the developing need for oral care items from the medical clinics. Accordingly, clinics go about as the most rewarding end-use divert in improving income for the makers of oral care items.

How is Increasing Healthcare Investment Fuelling Demand?

The increase in the aging population coupled with the rising prevalence of chronic diseases has been fuelling the demand for effective healthcare infrastructure. Owing to this, healthcare expenditure has increased over the past few years. Oral related problems – being a health issue in 91% of the population among ages 20 to 64 – have propelled the need for oral care products.

Oral care products have proven effective in in providing needed oral care. Also availability of a wide variety of products such as flavored oral care swabs and oral care kits have been enabling growth in the market.

On the other hand, an increase in the number of health facilities and rising disposable income of consumers in developing economies will spur the demand for oral care products.

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Growing Awareness Regarding Oral Hygiene Driving Growth

Oral hygiene awareness is one of the major contributors to market growth. Both dentists and key players conduct various seminars and programs to increase awareness about dental hygiene. This is helping players to showcase their product portfolio, thereby fuelling the adoption of oral care products.

There has been a marked shift in the retailing of oral care products across the globe in recent years. Online retailers are gradually being preferred over traditional distributors, retailers, and pharmacies. Purchasing oral care products through e-commerce portals offers several advantages, such as the availability of multi-brand oral care products at relatively lower prices, ease of purchasing, and free shipping. The successful sales of oral care products through e-commerce has prompted increasing investment towards these channels by major market players.

Is Increasing Competition in Oral Care Market Escalating Price Pressure?

The oral care market is highly competitive exhibiting the presence of an increasing number of players operating at the regional level. The emergence of local players in developing markets such as India, China, and Brazil further increases the pricing pressure on global players. Local/regional players offer oral care products at discounted prices as compared to the global players and sell their products through e-commerce channels at low prices, creating pricing pressure on global players.

Why is there High Dependency on Retail/Consumer Stores?

Prominent players in the oral care market are highly dependent on retail stores as they are the immediate customers for manufacturers. Large stores/supermarkets such as Wal-Mart, Target, and Costco have high bargaining strength; the continued trend of consolidation among retailers could thus create a cost and margin pressure on manufacturers. Furthermore, the high bargaining power of buyers may negatively impact the business of manufacturers.

Oral Care Market Country Wise Analysis

How big is the Opportunity for Oral Care Market in US?

The oral care market in North America is worth worth multi-billion dollars. It is expected to register growth at a positive pace through the forecast period. Within North America, the U.S. has emerged as a key market. The high spending power of consumers in the U.S. has been enabling sales of oral care products in the country. Also presence of some of the leading players has been supporting expansion in the U.S.

Besides this impressive penetration of online channels have been supporting expansion in the U.S. For instance, Amazon is one of the leading online retail channels in the country. According to the U.S. Centers for Diseases Control and Prevention (CDC), one in every four adults in the U.S. have untreated tooth decay. With the health concern likely to rise, the demand for oral care products will continue rising in the U.S.

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What are the Key Trends in India Oral Care Market?

The development of e-Commerce platforms allows customers to browse and order from a range of oral care product offerings provided by vendors through online portals. It makes the shopping experience of buyers calmer and supports in brand retaining and prominence. Online sale results in higher revenue and increase in market share. Furthermore, rise in penetration of e-Commerce is expected to enable vendors to provide a broad range of products in user segments such as teenagers to adults to reach new potential customers and increase the customer base of these products.

The Indian oral care market is majorly driven by selling Ayurvedic or Natural revolution products. Almost all the major companies in India are selling ayurvedic products to attract the consumers.

How Oral Health Awareness Spread drove the market in Japan?

Consumers of developed countries such as Japan are well versed with oral health practices. Thus oral care products demand is high in the country. According to GlaxoSmithKline, a global pharmaceutical company, the Japanese population is outstanding when it comes to awareness about oral health. Japanese youth and ageing population are highly concerned about their Oral health which is driving the growth of Oral Care Market.

What are the Factors Enabling Oral Care Products Sales in China?

Oral care market in China is in developing phase which offers enormous opportunities for the market players in the country. However, the market is expected to showcase growth due to improved standard of living and increasing awareness about oral hygiene among consumers.

Low price range oral care product are in high demand due the low disposable income in developing countries and lack of knowledge about featured oral care products. However, consumers are moving towards advanced products gradually.

How Convenience Stores is Preferred Sales Channel?

Convenience stores accounted for the largest share in the oral care market in the year 2020. Based on the sales channel, the oral care market is segmented into convenience stores, retail pharmacies, online distribution, and dental dispensaries. In 2020, the convenience stores segment accounted for one third of the oral care market. The large share of consumer stores in case of oral care products can be attributed to the large number of stores across the globe and their easy accessibility. Convenience Stores are preferred due to the nature of usage of oral care product as essentials goods.

Oral Care Market Competition Landscape

The oral care market is a concentrated market, as majority of the share is being taken by Colgate-Palmolive, Procter & Gamble, Unilever PLC, and GlaxoSmithKline PLC. However, the market also includes many regional players. The leading players in the market studied enjoy a dominant presence worldwide. These players are focusing on capitalizing on opportunities existing in emerging nations.

Sustainability is another approach being employed by manufacturers in order to gain share within the market. Consumers are beginning to choose brands with a green label and philanthropic endeavors, as a result of which, marketing initiatives and brand habits are expected to shift toward eco-friendly products, augmenting product sales.

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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.

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Orthopedic Insole Market is reaching US$ 4.9 Bn at a gracious rate of 10.4% by the year 2031

The orthopedic insole market size is expected to reach at US$ 4.9 Bn by 2021 and to grow at 10.4% CAGR through 2021 – 2031.

The rising prevalence of various conditions affecting foot and overall health has been driving orthopedic insoles sales. Doctors have realized that a lot of physical problems can be rectified by modifying shoes. Back pain, bad posture, and flat feet, among other things, can all be fixed through the feet. The National Institutes of Health lists several foot issues for which custom-made orthopedic shoes are prescribed.

Custom foot orthotics are specially made to fit the wearer’s prescription specifications, considering the specific medical condition, the assessment of limb length and the measurements of legs and feet.

This makes them more effective and efficient compared to mass-produced prefabricated foot orthotics which can be easily purchased from malls or drugstores. Custom orthotics encourage natural, preferred motion so that there is no strain on the feet. In instances where customers require unique footwear for medical reasons, not all style requirements can be met. However, a skilled shoe craftsman can work with customers to design a fashionable as well as functional style.

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Sustainability Concerns Impacting Orthopedic Insoles Sales

Sustainability is the new hot topic in the footwear industry, after decades of fast fashion and superfluous production chains. Along with customization, eco-friendly materials and ethical production are the other emerging trends.

With brands constantly launching new products, collections & designs, sustainability is one among many deciding factors for brand value. Sustainable orthopedic insoles have been promoted by the release of several eco-friendly designs produced from recycled post-production foam.

For instance, with its first insole back in 1997, OrthoLite introduced eco-friendly products engineered with game-changing technology that repurposed rubber waste. At Superfeet, sustainability has been incorporated into its latest product offering, the Me3D series. Me3D offers fully customized insoles produced from a 3-D scan that is then 3-D-printed to exact measurement (minimizing waste) as part of a collaboration with HP Fitstation.

Orthopedic insoles purchase pattern is dependent on the material, sustainability quotient and purpose. Functional orthopedic insoles are very effective in alleviating symptoms and establishing proper alignment. According to the American Academy of Podiatric Sports Medicine, soft materials such as Neoprene, various open- and closed-cell foams or similar cushioning materials may be used in conjunction with functional foot orthoses to provide both support and comfort.

Developing products with innovative and new designs and styles is one of the most common trends observed in the industry. This change in consumer buying preference has encouraged the players in the market to stimulate innovation and expand the portfolio, tapping the unexposed segments of the industry and as a result escalating the demand over the forecast period.

In terms of insole type, prefabricated orthopedic insoles dominate the market. Prefabricated insoles are preferred for use by patients with diabetes and neuropathy. The forecast trend, however, reflects a promising growth scenario for custom orthopedic insoles.

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Key Takeaways from the Orthopedic Insoles Market Study

In terms of value, orthopedic insoles sales will significantly rise, exhibiting 10.4% CAGR between 2021 and 2031
Higher prevalence of obesity in the U.S. will enable it account for nearly 85% of sales in North America
Demand in U.K. is expected to rise considerably, facilitating y-o-y growth at a little above 6% in 2021
Both Germany and France are expected to offer highly lucrative opportunities for growth
Increasing focus on health and wellness will drive orthopedic insoles sales in Japan and South Korea

Impact of COVID-19 & 2020 Market Analysis

During the COVID-19 pandemic outbreak and because of the lockdown, orthopedic companies were unable to operate across the world which in turn impacted Orthopedic insoles demand severely. Moreover, there have been travel restrictions which possibly inflicted an adverse impact on the companies’ results of operations. However, since the resume of market, orthopedic insoles manufacturers started offering their customers various offers on prefabricated Orthopedic insoles to compensate for the already occurred losses. Above all, various strict guidelines have been imposed by the government to be followed by the Orthopedic insoles companies as a mandate in this pandemic situation.

Who is winning?

A few key players operating in the orthopedic insoles market are Reckitt Benckiser Group PLC, Otto Bock SE & Co. KGaA, Bauerfeind aG, Mile High Orthotics Lab, Inc., Stable Step, LLC, Cascade Dafo, Inc., Birkenstock Digital GmbH, Steeper, Inc., A.Algeo Limited, Peacocks Medical Group, Aetrex Worldwide, Inc., Superfeet Worldwide, Inc., Digitsole, and Allied OSI Labs, among others.

The players are aggressively investing in product development with an aim to gain a competitive advantage. Besides this there is considerable focus on recent technologies. For instance, Covestro shared in 2019 that it has been focusing on the development of 3D printed insoles made from thermoplastic polyurethane (TPU). Such developments are expected to bode well for the market.

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Orthopedic insoles Market by Category

Insole Type

Prefabricated
Custom

Base Material Type

Polymer
Plastic
Rubber
Carbon Fiber
Silicone

Consumer Orientation

Men
Women
Kids

Sales Channel

Direct
Indirect
- Hypermarkets/ Supermarkets
- Departmental Stores
- Multi-Brand Stores
- Specialty Stores
- Exclusive/ Franchised Stores
- Online Retailing
- Others

Region

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

Cat Furniture and Scratchers Market Size, Share 2030: Present Scenario and Growth Prospects

The cat furniture and scratchers market size are expected to grow at a healthy CAGR of over 6.8% during the study forecast period 2020-2030, despite a temporary period of lull in 2020, according to the latest study by ESOMAR-certified market research firm, Future Market Insights (FMI). The research study tracks cat furniture and scratchers market in 20+ countries, offering a lucid analysis of how the growth trend will unfold.

The increasing concept of sustainability has changed the perception of many industry stakeholders in the past few years. Today sustainability is firmly on the agenda for many players engaged in manufacturing cat furniture and scratchers. Besides this, increasing environmental awareness has also encouraged buyers to switch towards environmentally friendly products in the market.

In light of the prevailing trend, the players in the market are currently focused on manufacturing scratchers using 100% recyclable cardboard. Sisal wrapped scratching posts are also prominent environmentally friendly products that are highly offered in the market.

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Materials such as bamboo, jute, cotton, sisal, and others are extensively used as product coverings. Such eco-friendly products are extensively promoted as non-toxic and green products which are considered safe for use of cats. Such initiatives on the part of players to promote eco-friendly products in the market are further expected to reshape the industry in the coming years. Currently, wood remains the material of choice for building cat furniture and scratchers.

Key Takeaways from the Cat Furniture and Scratchers Market Study

FMI in its latest study has forecast the market to rise at a CAGR of 6.8% between 2020 and 2030
The U.S. will remain a key market, accounting for over 71% of market in North America
Increasing cat adoption will enable the U.K. market to register 1.6% Y-o-Y growth in 2021
Market in Germany and France are poised to surge in the near-term assessment period
While Japan and South Korea will emerge as highly lucrative markets, China will continue dominating market in East Asia

“Direct-to-Consumer (DTC) market channel is gaining significant popularity in the market. Market players are aggressively improving their presence on digital and other social media platforms to further promote their brand directly to the potential consumers,” says an FMI analyst.

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Impact of COVID-19 on the Market

Even today brick and mortar stores account for a significant share in the market. The traditional countries like India, Vietnam, etc. even today prefer buying necessary products from physical stores. The lockdowns caused temporary store closures directly resulting in failure on the part of physical establishments to increase market of cat furniture and scratchers. Besides this, the specular shift in consumer spending from discretionary spending to only essential goods has further impacted the market during the period.

Who is winning?

Some of the key players present in the cat furniture and scratchers market are Inter IKEA Systems B.V., American Company, Tuft + Paw, Ware Manufacturing Inc., CatsPlay Furniture, Paw friendly Cat Furniture LLC, Go Pet Club, LLC., Catastrophic Creations, Mid-West homes for Pets, Profeline Cat Supplies, North American Pet Products, PetPals Group, Inc., PlayTime Workshop, Inc., Preveu Pet Products and among others.

The manufacturers currently operating in the market are stressing over design innovation. Besides this, the manufacturers are also engaged in offering customized solutions to customers. The customization is done in the case of design, style, material, covering pattern, etc.

Get Valuable Insights into Cat Furniture and Scratchers Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global cat furniture and scratchers market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the cat furniture and scratchers market based on the product type (cat trees and condos, shelves and perches, scratching posts, cat steps and cat beds), material type (wood, metal, plastic, others), and price range (US$10-US$25, US$25-US$40, US$40-US$55, and US$55 & above), market channel (independent small stores, wholesalers/distributors, specialty stores, online retailers, and other market channel) across seven major regions.

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Baby Care Products Market is Expected to Develop at A CAGR of 6.5% During The Forecast Period 2022-2032

The global baby personal care products market size is predicted to show moderate growth signs with a CAGR of 6.5% during the forecast period.

According to a Future Markets Insights analysis, the growing demand for baby personal care products is here to stay despite the COVID-19 pandemic’s effects on the world economy (FMI). Along with the increased concern about baby skin care routines, recent launches in the luxury product category and personalization based on demographics are anticipated to be the primary market drivers. In a recent analysis released by FMI, it was predicted that the market for infant personal care products would expand at a CAGR of 6.5 percent from 2022 to 2032, reaching a market value of 89 billion (US) dollars by the end of the forecasted year.

Market for baby personal care products always had a conventional customer base for personal hygiene products like diapers. However, a spike in the demand for premium products like wipes and training pants is witnessed, especially in the developing countries. This new trend has opened up a wide range of market penetration opportunities and potential for innovations in the segment for the manufacturers.

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Although skin care products enjoy the number one position in the baby personal care products market, other categories like oral hygiene and hair care products are gaining popularity.

In addition to this, increase in market potential and opportunities due to these trends is getting a huge push by the growing demand for organic and natural products. Thus giving a whole new area for manufacturers to explore and find niche.

FMI’s report provides a comprehensive overview of the market, covering important market dynamics.

Key takeaways from the report:

Market players are focusing on bringing innovative products, keeping in mind the demands of the consumer
Focus on products with ingredients that are natural and non-toxic is going to be the future of the baby personal care products industry
Online sales channels are seeing an upper hand over conventional stores, owing to the restrictions put forth by the pandemic
Skincare is gaining prominence, while personal hygiene products account for a sizeable share
Europe is going to be the largest market for premium products throughout the forecasted period
Developing countries are emerging as the potential market for baby personal care products

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Steady Growth Expected Despite COVID-19

As the world came to a standstill with lockdowns imposed by the governments across the world, the impact on the market of baby personal care products was significant. Retail channels being one of the worst hit due to shortage of labor and transport restrictions, major reliance on E- commerce was the only way to move ahead.

The lockdown has forced industries and online service providing platforms to join hands in order to cater to the customers. In a way, e – commerce has come to the rescue by redefining commercial activities globally.

Meanwhile the segment of population that was not open to online shopping has also shown its willingness to adapt during these turbulent times.

The lack of transport facilities in the beginning of the lockdown have left a dent in the baby personal care products market. However, experts believe that market is going to recover soon with restrictions being lifted by governments in phases across the world.

“As the industry recovers from the effects of pandemic on its business, focus on premium products and bringing in new range of organic and 100 % natural products will shape the market in a positive way in the near future” quotes a lead analyst at FMI.

Who is winning?

Some of the market players featured in the baby personal care products report are Me n Moms Pvt. Ltd., Klee Naturals, Tubby Todd Bath Co., Hindustan Unilever Limited, Johnson & Johnson, L’Oreal, Kimberly Clark, Colgate-Palmolive, Beiersdorf AG, Shiseido, Ontex Group, Biotique, Himalaya Global Holdings Ltd., Weleda Inc., The Clorox Company (Burt’s Bees), Babylist Inc. (Earth Mama Organics), among others.

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Product launches will remain a key strategy adopted by market players to gain competitive advantage. The baby personal care products industry holds immense potential globally. Companies are introducing products which satisfy the kids as well as the adults. The reason being, products that are healthy and safe top the list for adults and products that are fun and attractive appeal to the kids.

For instance, Tree –Free baby wipes by Caboo are made from bamboo spun lace and are rich in vitamin E, chamomile flower and aloe Vera leaf. While this gives the baby a soothing touch, it also gives the adults satisfaction to adults of doing their tiny bit for the planet.

Burn Care Market by Segmentation type – Global Forecast to 2030

The burn care market size players need to focus on offering safer, cost-efficient products to gain a competitive edge, according to a new report by ESOMAR-certified market research firm Future Market Insights. Burn Care Market is anticipated to witness a considerable CAGR of ~8% by value during the period of 2022 and 2030, And projected to reach 3.17 USD billion by 2030.

Key takeaways from the report include,

Global revenues are set to surpass US$ 3.2 billion by end of 2030
Topical burn medications – burn creams, gels, ointments, and others – are expected to account for more than 80% of market value
Hospitals and clinics are collectively poised to hold over 4/5th of market value, backed by high preference among consumers due to reimbursement schemes
On the basis of severity, first-degree burns are expected to hold more than half of the market share, ascribed to the high prevalence of mild injuries in residences.
Asia Pacific will remain a lucrative market, accounting for over 50% market share

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“Market players are focusing on enhancing their portfolios through R&D or by acquiring existing players,” remarks FMI analyst.

The incidence of burn injuries remains a cause of concern across the world, especially in low- and middle-income economies. According to the estimates of the World Health Organization, over 180,000 people succumb to burn injuries every year, with the incidence being majorly concentrated in low- and middle-income nations, which continue to forefront market growth.

Similarly, mortality among children is seven times higher in low and middle-income countries than high-income countries, with WHO estimating nearly 1,73,000 children suffering moderate or severe burns in Bangladesh every year. Owing to this, healthcare institutions and governments are focusing on raising awareness among people concerning the importance of seeking care in case of burns to avoid complications.

By the same token, several organizations and governments are issuing guidelines on burn management and are setting up burn care centers, thereby giving a boost to the market growth. Similarly, the healthcare infrastructure in emerging economies has developed remarkably in the recent past, ascribed to increased Foreign Direct Investments (FDIs), thus facilitating better treatment.

COVID-19 Impact on Burn Care Market

The outbreak of COVID-19 is expected to hinder the growth of the market on the back of several consequences. Primarily, the implementation of nation-wide lockdowns in several nations and the subsequent closure of industries has reduced workplace fire accidents, thereby lowering the demand for burn care products.

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On the other hand, disruption of supply chains coupled with high demand for other essential medical products has compelled manufacturers to shift their focus towards essential products. Although they capitalize on the demand for other products, the demand for burn care products will experience downtrend through the pandemic.

Who is Winning?

Key burn care market players are adopting the expansion of product portfolio and acquisitions as key growth strategies. Likewise, new product development and R&D activities have also been identified as crucial strategies to strengthen foothold. On these lines,

In 2017, Derma Sciences acquired Comvita Ltd’s MEDIHONEY brand to enhance its product portfolio of advanced wound care.
In 2018, Acelity L.P., Inc. acquired Crawford Healthcare to expand its product portfolio in wound care

FMI’s report includes profiles of some of the most prominent names in the market including Coloplast A/S, Smith and Nephew Plc, Safe n Simple, LLC, Derma Sciences Inc, Dynarex Corporation Acelity LP, Mölnlycke Health Care, ConvaTec, Inc., Cardinal Health Inc., De Royal industries, Inc., Medline Industries, Boiron USA, Johnson & Johnson Consumer, Inc., Areza Medical, and Acme United Corporation (First Aid Only) among others.

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Pet Toys Market Global Industry Overview and Competitive Landscape till 2031

The pet toys market size is projected to rise at a healthy 7.2% CAGR for the period of projection from 2021 to 2031.

The rise of the pet toys market is mostly attributed to the rising rate of pet ownership, rising interest in pet humanization trends, and the development of pet care hospitality facilities.

Despite greater prices, consumers are increasingly seeking for specialised and unique products for particular pets. In addition, market developments are predicted to be influenced by the trend of employing toys for behavioural training.

“Pet owners have shown a growing interest in buying environmentally friendly goods while upholding animal safety regulations. According to the FMI report, this has prompted pet toy producers to investigate natural materials for their products in order to meet the demands of eco-aware pet parents.

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Pet Toys Market – Important Takeaways

Plastic and rubber toys remain popular materials for toy production, owing to superior durability and standardization for product quality.
Ecommerce sales will reflect a relatively faster rate of growth, backed by internet penetration and discount offers from manufacturers.
India is emerging as a high potential market owing to the expansion of the consumer class of millennial pet owners.
The U.S. accounts for significant revenue share owing to consumer preference spending on pet luxury.

Pet Toys Market – Driving Factors

Sustained growth in cat and dog ownership rates is a major factor positively influencing pet toy sales.
The increasing popularity of facilities such as pet hotels and day care centers generate key growth opportunities.
Major advances in products for cognitive training for pets is bolstering sales in the industry.

Pet Toys Market – Leading Constraints

Concerns over the widespread proliferation of low-quality toys, by small-scale manufacturers is a key concern restricting adoption.
Lack of awareness about toys for training purposes is restraining sales prospects around the world.

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Expected Impact on Market by Coronavirus Outbreak

The global covid-19 pandemic had a moderately negative impact on the pet toys market. Restrictions on production operations and social distancing guidelines have limited manpower and disrupted supply chains during the crisis. In addition, restraints on international trade had affected product availability.

On the other hand, pet ownership rates have grown during the forecast period, creating sales opportunities for manufacturers, partially mitigating losses to manufacturers during the pandemic. Demand is expected recover steadily over the coming decade, with increasing sales activity occurring from online distribution channels.

Competition Landscape

Some of the major players participating in the pet toys market include but are not limited to Honest Pet Products, Central Garden & Pet Company, Company of Animals Ltd., Cosmic Pet, Petsport USA Inc., Zyppy Paws, Mammoth Pet Products, Radio Systems Corporation, Jolly Pets, Multipet, Fluff and Tuff Inc., Kyjen Company LLC, West Paw, KONG Company, Ethical Products Inc., Benebone LLC, Coastal Pet Products Inc., and Petmate.

Major manufacturers in the pet toys market have been largely involved in the launch of new products to bolster their product portfolios, in addition to strategies aimed towards licensing and geographical expansion.

In March 2021, PetSmart unveiled its Brain Games training course aimed towards mental stimulation goals including courses on dog reading, object recognition and more, improving communication between pet and owner. Further, Chewy, the online pet toy shop has unveiled a new range of 400 products for cats and dogs based on Marvel, Disney, Star Wars, and Pixar character designs. In December 2020, Pet Supplies Plus, announced the acquisition of 40 store locations from Pet Valu across Virginia, Indiana, Ohio, Kentucky, Pennsylvania, Maryland, and New Jersey.

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Pet Toys Market by Category

By Product Type:

Plush Toys
Rope and Tug Toys
Balls
Chew Toys
Squeaky Toys
Interactive Toys
Others

By Pet Type:

Dogs
Cats
Birds
Others

By Material Type:

Rubber
Cotton
Nylon
Plastic
Others

By Type:

Non-Edible
Edible

By Size:

Small
Medium
Large

By Price Range:

Economy (Below US$10)
Mid-Range (US$10 – US$25)
Premium (Above US$25)

By Sales Channel:

Wholesalers/Distributors
Supermarkets/Hypermarkets
Convenience Stores
Multi-Brand Stores
Online Retailers
Pet Specialty Stores

By Region:

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

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More on the Report

FMI provides in-depth insights on the pet toys market. The market is segmented in terms of product type (plush toys, rope and tug toys, balls, chew toys, squeaky toys, interactive toys, and others), pet type (dogs, cats, birds, and others), material type (rubber, cotton, nylon, plastic, and others), type (non-edible and edible), size (small, medium, and large), price range (economy, mid-range, and premium), and sales channel (wholesalers/distributors, hypermarkets/supermarkets, convenience stores, multi-brand stores, online retailers, and pet specialty stores), across seven regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).

Stretch Mark Removal Products Market 2022 – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

the market for stretch mark removal products market size is expected to reach US$ 2.19 Bn by the end of 2032, rising at a CAGR of 3.6% between 2022 and 2032. Growing focus on anti-aging care will continue to be a key driver, but FMI analysts found that market is also benefitting from growing focus on weight loss.

From nourishing the skin to removing stretch marks, the demand for effective skincare products is higher than ever before. This, coupled with better access to skincare products at inexpensive prices, has been aiding the expansion of the stretch mark removal products market.

While cream remains one of the leading categories among products available in the market, consumers are gradually moving in favour of more unconventional products such as oils and serums. This paradigm shift is steered by greater focus on deriving benefits from organic and topical ingredients.

Key Takeaways

Market players are focusing on boosting their organic line of products
Sales through pharmacies are being complemented by the growing online channel
US maintains its position as the largest market, with North America accounting for a sizeable share

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The Shift Toward Online Channels

Companies in the stretch mark removal products market are shifting their focus from traditional retail stores to e-commerce platform to boost their sales and increase their customer base.

Ecommerce portals are visited by increasing number of consumers each day. The convenience of shopping, discounts offered, and door-step deliveries are a few benefits of shopping online compared to shopping from brick-and-mortar stores.

Furthermore, online stores present opportunity to compare products and their prices. These factors are tipping scales in flavour of maintaining an online presence. Since the market is highly competitive, an increasing number of players are likely to focus on improving their online visibility. This will augur well for the market in the long run.

Who is winning?

Some of the key players operating in the stretch mark removal products market are Clarins Group, Merz GmbH and Co. KGaA, E.T Browne Drug Co., Union-Swiss Ltd (Bio-Oil), Basq Skincare, Weleda AG, Dermaclara Inc., Mama Mio US Inc., among others.

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Some of these companies are focusing more on portfolio expansion. Besides this, they are looking at expanding their physical presence via retail stores. Leading players are even focusing on partnership with prominent retailers to cater to increasing demand.

Product launches will remain a key strategy adopted by market players to gain competitive advantage.

In April 2020, Clarins Group launched its new plant based product called ‘Body Partner’ which helps in reducing stretch marks and this new product is tested and recommended by pregnant women. Body Partner is formulated with insignificant plant-based ingredients, including Clarins’ new Phyto-Stretch-Complex a mix Organic Green Banana extracts and Centella Asiatica which uphold visible skin springiness and leave skin smooth and tranquil.

More Insights on Stretch Mark Removal Products Market

Future Market Insights, in its new proposing, provides an unbiased analysis of the global stretch mark removal products market, presenting demand data (2015-2019) and forecast analysis for 2020-2030. The study divulges compelling insights on the stretch mark removal products market based on the product type (creams, oils & serums, lotions, gels, and others), end-user (adults, kids) sales channel (wholesalers & distributors, online retailers, hypermarkets/supermarkets, pharmacy stores, specialty stores, independent small stores, and other sales channel) across six major regions.

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Stretch Mark Removal Products Market Segmentation Product

Creams
Oils & Serums
Lotions
Gels
Others

Nature

Organic
Conventional

End User

Adults
Kids

Sales Channel

Wholesalers & Distributors
Online Retailers
Hypermarkets and Supermarkets
Pharmacy Stores
Specialty Stores
Independent Small Stores
Other Sales Channel

Regional Outlook

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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X-Band Radar Market is Expected to Expand at a CAGR of 4.6% from 2022 to 2032 – Exclusive Report by Future Market Insights, Inc.

According to Future Market Insights, the X-band radar market is expected to reach US$ 9,072.2 Mn by 2032 and grow at a CAGR of 4.6% during the forecast period of 2022-2032. According to the report, the valuation of the market for X-band radars in 2022 is estimated to be US$ 5,768.0 Mn.

X-band radars are a certain type of radar that operates in the frequency range of 8.0-12.0 GHz. This band of frequencies is commonly known as the X-band. X-band radars are primarily used for detecting underwater missiles and objects in the sea and for studying the weather. Due to their high sensitivity, these radars can detect smaller objects and provide a high-resolution identification of objects within their range.

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Key Takeaways: X-Band Radar Market

By type, the sea-based X-band radar segment is set to account for the highest market share of US$ 3,617.6 Mn in the forthcoming years.
The mobile X-band radar segment is estimated to exhibit growth at a higher CAGR of 4% in the next decade.
By array, the passive electronically scanned array (PESA) segment held a market share of 8% in 2021.
The active electronically scanned array (AESA) segment is estimated to display growth at a CAGR of 4% in the upcoming decade.
By application, the defense segment is estimated to reach a valuation of US$ 2,727.2 Mn in 2021.
The commercial segment is expected to witness the highest growth at a CAGR of 0% during the forecast period.
North America x-band radar market is set to hold a share of 4% and South Asia & Pacific is likely to grow at a CAGR of 18.1% in the evaluation period.

“X-band radars are a necessity for marine vessels and are likely to generate high demand from commercial, trade, and defense vessel manufacturers. Active electronically scanned arrays (AESAs) are the new development in the x-band radar market and they may even replace passive electronically scanned arrays over the forecast period due to their advancement,” says an analyst at FMI.

Installation of X-Band Radars for Studying Extreme Weather Conditions Will Aid Growth

Certain places across the globe have witnessed extreme weather conditions such as cyclones, heavy rainfall, and winter storms. Coastal and island regions are impacted much more by intense rainfall and cyclones. To better identify and warn the locals of any extreme weather conditions, doppler radars are used for detecting changes in the weather. X-band radars can help identify areas that can be badly affected by food, study minute weather changes, and provide resolute insights since they can detect smaller particles much better.

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More valuable insights on X-Band Radar

In this report by Future Market Insights, X-band radar has been segmented into four sections: by solution: type (mobile X-band radars, and sea-based X-band radars), array (active electronically scanned array (AESA), and passive electronically scanned array (PESA)), application (defense, government, commercial), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the X-band radar demand outlook.

Competitive Landscape

X-band radars are currently manufactured by several defense companies, electronic component companies, and firms that specialize in radar development. Majority of the companies that develop X-band radars are used for defense purposes, for which there are various regulatory factors involved.

In January 2022, the Indian Meteorological Department (IMD) partnered up with the Indian Space Research Organization (ISRO) to manufacture doppler radars. These radars were provided to Delhi, Mumbai, and Chennai. The ones dispatched to Delhi and Chennai were X-band radars. To provide instant weather updates, IMD is planning to deploy at least 90 doppler radars across the country.
In February 2021, Thales Group announced that its X-band radar NS50 was selected by the Belgian and Netherlands naval forces for their mine countermeasure vessels. The first delivery is planned for 2023, and the company is expected to provide the final delivery by 2033.

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X-Band Radar Outlook by Category

By Type:

Mobile X-band Radars
Sea-based X-band Radars

By Array:

Active Electronically Scanned Array (AESA)
Passive Electronically Scanned Array (PESA)

By Application:

Defense
Government
Commercial

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
The 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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Water Leak Detection System for Server Rooms and Data Centers Market Leaders & Key Revenue Pockets

Water leak detection system for server rooms and data centers market are installed in rooms to monitor moisture and water leakage and notify through alarms, notifications, SMS, or e-mails. A water leak detection system for server rooms and data centers consists of 3 components, a detector cable, which itself is a sensor, a sensor interface module and the main control panel consisting of a hooter/siren. False alarms are avoided by adjusting the threshold. Detection of water leakage can be done at a specific point or over large distances. Water leak detection systems for server rooms and data centers, are used in industrial workspaces and premises, telecommunication centers, laboratories, restaurants, commercial buildings banking and financial institutions where data and servers rooms are installed.
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Water Leak Detection System for Server Rooms and Data Centers Market: Dynamics

Water leak detection systems for server rooms and data centers are gaining popularity and are installed in almost every data center building to curb the loss of heavy equipment and property due to leakage or flooding. Manufacturers of water leak detection systems for server rooms and data centers are developing high technology water leak detection systems that can work 72 hours after main power failure and monitor the moisture level and leak data in rooms.
A spot detector is capable of detecting the presence of distilled water. Rope sensors are used to detect water leakage under roofs, basements, false floors, etc. and cover a large area and locate sensors are used to detect leakages at the precise location. High investment cost in installing water leak detection systems is expected to be one of the major restraints for the growth of water leak detection systems. A dearth of skilled operators in India is also expected to pose a hurdle to growth of the water leak detection system for server rooms and data centers market.

Water Leak Detection System for Server Rooms and Data Centers Market: Segmentation

The water leak detection system for server rooms and data centers market can be segmented in a number of ways, two of the prominent bases of classification being type of sensor and type of leak detector panel.

The water leak detection system for server rooms and data centers market can be segmented on the basis of the type of sensor:

spot detector
rope sensor
locate sensor

The water leak detection system for server rooms and data centers market can be segmented on the basis of the type of leak detector panels:

Single zone system
Multi zone system

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Water Leak Detection System for Server Rooms and Data Centers Market: Regional Outlook
North America and Europe are expected to witness significant growth in the water leak detection system for server rooms and data centers market as both these regions are well developed and almost all buildings in these regions are equipped with water leak detections systems. Along with this, awareness and high expenditure towards safety and maintenance of buildings are expected to bolster the growth of the water leak detection for server rooms and data centers market during the forecast period.

Asia Pacific and Latin America are expected to witness above average growth in the water leak detection systems for server rooms and data centers market due to high investments in infrastructure by governments to build commercial complexes and data centers, which in turn is expected to lead the overall market.

The Middle East and Africa region is also expected to witness growth in the water leak detection system for server rooms and data centers market, owing to the rising awareness among people towards the safety of servers and data rooms to save valuable property and expensive equipment.

Water Leak Detection System for Server Rooms and Data Centers Market: Market Participants

Examples of some of the market participants in the water leak detection system for server rooms and data centers market are:

Ctrl Technologies
RLE Technologies
Prudent Controls Pvt. Ltd.
Kambar Technologies.
Daxten
Infiniti IT Limited
Pentair Thermal Management U.S.
F O I S Limited
Raychem Corporation
Thittanix Instruments
Enviromux

Enterprise Feedback Management Market: Regional Outlook

Presently, North America is estimated to hold the largest share in enterprise feedback management market followed by Europe, Asia-Pacific, and MEA regions. North America is expected to contribute to significant growth in the forecast period owing to the adoption of advanced technologies and customer survey tools in enterprise feedback management. Latin America and MEA are projected to contribute significantly over the forecast period.

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Self-testing Market Demand 2022 Global Key Findings, Regional Analysis, Key Players Profiles and Forecast to 2030

As per the latest market study by Future Market Insights (FMI), the global self-testing market demand is projected to record a CAGR of 5.6% amid the forecast period, 2022-2030.

Consumers are swiftly adapting to buy self-testing kits due to early detection of severe allergies or diseases with the assistance of STI/STD self-tests, cancer-tests, and intolerance self-tests. Pharmacies are receiving a positive response online against the conventional approach of buying them from retail pharmacy stores subsequent to seeking medical advice. Market players are formulating these testing kits together with a range of wellness and prevention strategies, scoping from chronic disorder management and acute infection diagnoses to detecting probable risks of diseases.

Moreover, the COVID-19 outbreak and successive ripple effects have obliged retailers to shut down their stores, impacting the profit margins of self-testing kit producers. With brick-&-mortar stores closing down temporarily, players are placing their bets on e-commerce/online platforms to endure pandemic shockwaves.

“Easy accessibility of product via online pharmacies or retail pharmacies is promising the producers to enter into an agreement with distribution and supply chain networks to enter untapped markets and establish a global footprint,” opines FMI analyst.

Self -Testing Market – Major Takeaways

The global self testing market is forecasted to reach a valuation of US$ 11 Bn by 2030.
By product, digital monitoring instruments will continue to be the preferred product category as they help care for ailments ranging from chronic to recovery conditions from acute episodes by gathering important patient data at-home settings.
Based on the application, around 8 out of 10 users opt for utilizing these kits for testing blood glucose.
Among distribution channels, the retail pharmacies will remain dominant attaining revenue close to US$ 3.5 Bn, by 2030.

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Self -Testing Market – Key Drivers

Demand for reliable and easy self-testing devices and kits has escalated owing to the fast generation of results along with maintaining the privacy.
Easy accessibility and advertising schemes are influencing the self-testing market growth, optimistically.
Growing awareness concerning healthcare and related ailments along with non-profit organizations and government’s encouragement complements the market growth.

Self -Testing Market – Regional Analysis

North America remains the biggest market for self-testing kits, worldwide, trailed by Europe, due to mature healthcare infrastructure and favorable government policies.
The European region is anticipated to be the second most lucrative region owing to the increasing occurrence of diabetics and the growing adoption rate.
East Asia self-testing kits market is foreseeing huge demand, soaring investments in healthcare infrastructure up-gradation in addition to increasing trend of home diagnosis.

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Self -Testing Market – Competitive Landscape

Market players extend to reap notable revenues from retail pharmacies. Conversely, they are additionally delving into new revenue streams in supermarkets/hypermarkets and online pharmacies. Prominent players operating in the global self-testing market include ARKRAY Inc., ACON Laboratories Inc., Becton, Dickinson & Company, Assure Tech (Hangzhou) Co. Ltd., Roche Holding AG, Bionime Corporation, True Diagnostics Inc., and Quidel Corporation.

Self- Testing Market – Taxonomy

Product

Digital Monitoring Instruments
Midstreams
Cassettes
Cups
Strips
Test Panels
Dip Cards
Others

Application

Pregnancy & Fertility Testing
Blood Glucose Testing
STD/ STI Testing
Cancer Testing
Cholesterol Testing
Drug of Abuse Testing
Thyroid Testing
HIV Testing
Others

Sample

Blood
Urine
Stool
Saliva
Semen
Vaginal Swab

Distribution Channel

Drug Stores
Retail Pharmacies
Supermarket/Hypermarket
Online Pharmacies

Regional Outlook:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa (MEA)

Get Valuable Insights into the Self Testing Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global self testing market, presenting historical demand data and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the self testing market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.

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