Market Research Blog – Page 10405 – New Product Development

Bird Toys Market Size is Projected to Reach US$ 631 Mn by 2032 | FMI

The bird toys market size is estimated to reach US$ 386 Mn in 2022. With demand growing at a 5% CAGR over the forecast period, the market valuation is projected to reach US$ 631 Mn by 2032. Total sales of bird toys represent 12-14% of the global pet toy market.

to burn off energy and engage their pet birds. Toys for birds give both physical and mental stimulation. Pets utilize bird toys to release their pent-up energy and play.

Bird-care spending is increasing as the popularity of adopting birds as companions for mental well-being, health, and amusement grows. Pet birds require new and varied types of toys that are supplied and replaced out of their cage on a regular basis so that the birds do not become bored with them.

Additionally, pet owners’ humanization of birds and treating them as family members has a favorable impact on the pet toys. The global pet toys and training market, on the other hand, is constrained by a lack of understanding among purchasers about how to use specific items for training purposes.

However, throughout the forecasted period, the growing popularity of natural and eco-friendly pet toys is predicted to create opportunities for the global pet toys and training market.

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Key Takeaways from the Bird Toy Market Study:

Online segments contributed to the lion’s share in the bird’s toy market.
North America is expected to be the dominating bird toy market due to the increasing population of pet owners and trends in pet adoption.
Europe and South Asia are the fastest growing bird toy market on the back of an increase in pet adoption and a growing trend of pet humanization.
In terms of product type, the foraging toys segment is expected to witness fastest growth over the forecast period (2022-2032).

Who is winning?

Leading manufacturers of bird toy products are focused on aggressive promotional strategies, advertisement offers, and new product launches that have driven sales growth of shaving care globally.

Major players present in the Birds Toys products market are Superbirdtoystore, Petsmart, Petathome, Petvalu, Makeyourownpettoys, Petland, Petmate, and others

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Bird Toys Market by Category

Product Type:

Foot Toys
Swings & Bungees
Snugglies
Perches & Perch Toys
Foraging Toys
Chewing toys
Noisemakers
Climbing toys
Play gyms

Price Range:

Low
Medium
Premium

Sales Channel:

Supermarkets/Hypermarkets
Pets Specialty Stores
Multi-Brand Stores
Pet care centers
Online Retailers
Other Sales Channel

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Reusable Nursing Pads Market is Estimated to Grow at a CAGR of 1.9% in 2032 | FMI

The reusable nursing pads market is likely to register a CAGR of 1.9% during the forecast period, and is anticipated to reach a market share of US$ 4.74 Billion in 2032, from US$ 4 Billion in 2021.

Factors driving the global nursing breast pads market include an increase in demand for improved healthcare services, an increase in the occurrences of illnesses such as cancer and others.

Reusable nursing pads are medical accessories which are used to absorb leaking breast milk. It is mostly made from the cotton-like fabric which is worn inside the bra.

Reusable nursing pads are emerging as a viable solution for the mothers as it is preventing the reaching of the breast milk into the bra or clothes. The reusable nursing pads are mostly used during the last day of pregnancy.

Demand for reusable nursing pads is increasing as it offers comfortable solutions to the mothers. The organic bamboo fabric is increasingly becoming favorable to use for the manufacturing the reusable nursing pads as it associates with offering more absorption properties and are ultra-soft.

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Other popular fabrics used for the reusable nursing pads are cotton and polymer. The prominent manufacturers of reusable nursing pads are also offering reusable nursing pads with latex and gluten-free properties.

Rising popularity of nursing pads across the world is escalating the reusable nursing pads market growth

Reusable nursing pads market are driven due to its increasing awareness regarding its usage and characteristics of nursing pads across the globe.

Reusable nursing pads are gaining traction especially from the developing regions where consumer are progressively favoring the product. Leakage of breast milk is one of the major problems which are faced by mothers.

Reusable nursing pads have become a beneficial product approach for consumers to prevent the leaking of milk. The reusable nursing pads are one of the high growth markets under the breastfeeding products from the past few years, as it continues to reach out to the new consumers every day.

Moreover, the growing e-commerce platform in emerging economies is also one of the beneficial aspects of the growth of the reusable nursing pads market.The rise in internet penetration is playing a vital role in growing awareness of the reusable nursing pads.

This led to the growth in the sale of the reusable nursing pads across the inline platform. Additionally, the highest quality standards offered by the manufacturers of the reusable nursing pads are also among the driving factor which is influencing the consumer regarding the buying of the reusable nursing pads.

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Global Reusable Nursing Pads Market: Key Players

Some of the key players of reusable nursing pads market are

Medela Industries
Lansinoh
Johnson & Johnson
Bamboobies
Lily Padz
Kindred Bravely
Eco Nursing Pads
Mother Ease
Pigeon
Ameda

Opportunities for Market Participants in the Reusable Nursing Pads Market-

Since the use of safe and high-quality pregnancy accessories are growing in the regions such as East Asia, South Asia and in Middle East & African countries, the market participants will be getting a beneficial opportunity in the global reusable nursing pads market during the forecast period.

The growing acceptance of nursing pads at a higher rate could boost the demand for reusable nursing pads mostly in developing countries. This is offering a better market scenario to the manufacturers in the global reusable nursing pads market.

However, South and East Asia are anticipated to exhibit the highest growth in the global reusable nursing pads market due to growing awareness regarding product among the middle-class population of these two regions.

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Global Reusable Nursing Pads Market: Segmentation

By Basis of Nature:

Organic
Ordinary

By Fabric Type:

Cotton Nursing Pads
Bamboo Nursing Pads
Polymer Nursing Pads
Others

By of Sales Channel:

Hypermarkets/Supermarkets
Convenience Store
Specialty Stores
Online Retail

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

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Automatic Ducting Machine Market Worth US$ 2,322.9 Million by 2032: Exclusive Report by FMI

The global automatic ducting machine market is expected to garner a market value of US$ 1,554.2 Million in 2022 and is expected to accumulate a market value of US$ 2,322.9 Million by registering a CAGR of 4.1% in the forecast period 2022-2032. Growth of the automatic ducting machine market can be attributed to demand from chemical processing and utilities/power industry.

Wet steam decreases thermal efficiency in any type of industrial engine, and it can also result in a hydraulic lock or erode internal components. Thus, in many industrial processes where handling steam and moisture is inevitable, automatic ducting machines become a necessary component. There are simpler versions of the typical steam separator, which uses a tangential inlet and cyclonic action to instantly separate steam and condensate.

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Automatic ducting machines are available in a wide variety of sizes, pressure ranges, and applications. Demand for automatic ducting machines is directly proportional to the growth of its end use industries. Due to the gradually increasing growth rate among most end use industries, the global automatic ducting machines market is expected to expand with a moderate CAGR over the

The global demand for automatic ducting machines is projected to increase at a CAGR of 4.1% during the forecast period between 2022 and 2032, reaching a total of US$ 2,322.9 Million in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 3.6%.

The strong presence of end user industries such as chemical processing, pharmaceutical and oil & gas is a key contributor to the rapid adoption of automatic ducting machine. The COVID-19 pandemic affected the demand for automatic ducting machines owing to restriction on activities in certain workplaces.

In any type of industrial engine wet steam reduces thermal efficiency, further, it can also cause a hydraulic lock or erode internals. Thus, Automatic Ducting Machines becomes an essential part of many industrial processes, where handling steam and moisture is unavoidable. A typical steam separator uses a tangential inlet and cyclonic action to instantly separate steam and condensate, however, simpler versions are also available.

Automatic Ducting Machines come across a variegated range of sizes, for different pressure ranges, for different applications. Demand for Automatic Ducting Machine is directly proportional to growth of its end use industries. Due to gradually increasing growth rate among most end use industries, the global Automatic Ducting Machines market is expected to expand with a moderate CAGR over the forecast period.

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Automatic Ducting Machines Market: Drivers & Restraints

The prime factor boosting the growth in the global Automatic Ducting Machines market is the rising demand for power across developing nations of Asia Pacific. As coal still remains the most dominant fuel for power generation, demand for steam separators will continue to rise. With reviving economies of US and Western Europe, the chemical and chemical processing industries of the region will also drive the demand for Automatic Ducting Machines.

Furthermore, as regulation become stricter regarding industrial safety, Automatic Ducting Machines are bound to witness untapped installation areas, where moisture can corrode other equipment. Reviving crude oil prices is also fuelling oil and gas companies to further invest in gas processing stations, which is also driving more demand for Automatic Ducting Machines.

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Automatic Ducting Machines Market: Regional Outlook

Geographically, Automatic Ducting Machines market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. North America has been the global leader in generating demand for Automatic Ducting Machines, amid, matured industrialization and its giant thermal power industry.

However, over the forecast period, the region’s Automatic Ducting Machine market is expected to witness maturity levels, as focus on renewable energy rises. Contrary, Western Europe is already catering a mature Automatic Ducting Machines market, but with reviving chemical and pharmaceutical industry of the region, demand for Automatic Ducting Machines is anticipated to rise gradually over the forecast period.

Asia Pacific Excluding Japan (APEJ) is expected to present the most impressive growth considering the demand for Automatic Ducting Machines. China and India are anticipated to take the lead, amid, increasing demand for power in these countries.

Also, as prominent chemical processing and oil & gas companies such as BASF, Dow, Shell, etc. initiates their processing facilities in the region, demand for Automatic Ducting Machine shall witness a rise. Japan is another prominent Automatic Ducting Machines market and is expected to maintain its dominance throughout the forecast period.

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This can be attributed to a number of reasons such as Japan’s dominant chemical and rubber industry. Latin America and Eastern Europe are also rising markets in terms of demand for Automatic Ducting Machines, particularly because of rising power demand in the region, and also reviving oil and gas industry. Gas processing in Russia in one such sector which will attract high demand for Automatic Ducting Machines.

Middle East and Africa is also a prominent region in terms of growing demand for Automatic Ducting Machines, as KSA plans to diversify its economy. Furthermore, the region has always been highly dependent on fossil fuels for its power consumption, which will continue to drive demand for Automatic Ducting Machines.

Automatic Ducting Machines Market: Key Players

Some of the key players identified in Global Automatic Ducting Machines market are:-

Eaton
Didion Separator

Colton Industries
Kelburn Separation Specialists
Cole Industries Inc.
Spirax-Sarco Engineering plc
Forbes Marshall

Kadant Inc.
Sesotec GmbH
Penn Separator Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Hair Extensions Market is Estimated to Grow at a 5.3% CAGR in 2032 | FMI

The hair extension market is likely to register a CAGR of 5.3% during the forecast period, and is anticipated to reach a market share of US$ 4.99 Bn in 2032, from US$ 2.38 Bn in 2021, due to the changing lifestyle in developing countries and increasing product availability.

Owing to rising disposable income and urbanization in the region, Latin America is projected to see new growth prospects in the hair extensions market.

Many factors have caused the enormousdemand for hair extension due to its popularity in the retailing business, including rising human expenditure on grooming items, rising spending on lifestyle products, and rising disposable income in developing countries such as China, India, Brazil, and others.

On other hand, hair extensions find significant use in the entertainment and fashion industry. Additionally, the large-scale prevalence of receding hairline, alopecia, and others factors are estimated to fuel growth of the market in the coming years.

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Global Hair Extensions Market: Reasons for covering this Title

Hair extensions market is expected to witness a significant growth during the forecast period due to the changing lifestyle in developing countries, increasing product availability, and other factors.

Customers are more interested toward purchasing hair extensions instead of purchasing hair regrowth medicines and hair transplantation treatment because of side effects associated with them. This factor is positively influencing growth of the hair extensions market in terms of value.

On other hand, growth of entertainment and fashion industry is expected to boost the growth of the hair extensions market in terms of value.

Moreover, increasing product quality by the hair extensions supplier is boosting growth of the market in terms of volume. Change in customer purchasing patterns expected to positively influence the growth of the hair extensions market during the forecast period.

Moreover, extensive marketing campaign and celebrity endorsements are significantly boosting growth of the hair extensions market in terms of value and volume as well.

Moreover, increasing economy and growing disposable income in developing countries such as India, Brazil, Argentina, and others and others are expected to fuel growth of the hair extensions market during the forecast period in terms of value.

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Global Hair Extensions Market: Key Players

Some of the key players operating in the global Hair Extensions market BELLAMI Hair, Beauty industry group Qingdao Organic hair Ltd., Godrej, Great Lengths, Evergreen Products Group Limited, Great Lengths, Balmain Paris Hair Couture, Hair Dreams, Hairlocs, Klix Hair Extension, Hidden Crown,  Hair Addictionz, Femme Hair Extension, Easihair, Socap and Cinderella Hair among others.

Hair Extensions Market: Key Trends

Customers are using hair extensions instead of hair elongation medicines and tables because of high cost as well as side effects related with them.
Manufacturers are innovating products with different features so that these can be used by different customer base as per their needs.
The impact of promotional tools on consumer buying behavior is fueling growth of hair extensions market.

Hair Extensions Market: Key Developments

In 2019, Beauty Industry Group acquired Luxy Hair Co. and Hidden Crown to increase its business sales along with expand market presence across the globe.

Opportunities for Hair Extensions Market Participants

North America is expected to be one of the leading market in the hair extensions market due to presence of large numbers of vendors in the region. Latin America is expected to register new growth opportunities in the hair extensions market due to increasing disposable income and urbanization in the region.

Hair extensions market in Asia Pacific region is expected to witness a significant growth during the forecast period due to rapid growth of the e-commerce in the region. Hair extensions market in Europe is expected to be positively influenced by change in the customer behavior. Middle East and Africa is expected to witness a significant growth in the hair extensions market due to increasing customers spending on grooming products.

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Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

TOC Continued…….

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Gaming Laptop Market is Likely to Grow to US$ 18417.27 Mn by 2032 | FMI

The gaming laptop market is anticipated to record a CAGR of around 4.5% during the forecast period. The market has a current valuation of US$ 11859.39 Mn and is likely to grow to US$ 18417.27 Mn by 2032.

In the era of computer gaming, there is an increase in the demand for gaming laptop. Consumers are looking for devices that can operate at a high level when it comes to gaming.

Manufacturers are also creating and releasing cutting-edge gaming laptops with cutting-edge hardware to meet the growing demand for gaming laptops. They’re also working to reduce the weight of gaming laptops so that they’re more portable. Due to the powerful gaming hardware, which is capable of high processing speed and power, as well as the cooling systems required, gaming laptops are heavy.

On the other hand, the eSports industry is booming globally, where professional video gamers play competitively. With this growing esports participation, demand for gaming laptop, and expanding digital platforms, the sales of gaming laptop are likely to grow significantly in the coming years.

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Which are the Key Dynamics Contributing to the Growth of the Gaming Laptop Market?

Over the last few years, there have been significant developments taking place across gaming, mobile, and esports platforms. Currently, the global esports market is a million-dollar industry which is projected to be more than triple during the forecast period.

As, various companies, players, fans, and investors are entering into esports market. Rise in the number of esports participation and audience, which lead to significant potential for companies to advertise products. An increasing number of professional gamers in the developing countries are the factors influencing the growth of the gaming laptop market in the near future. Also, prominent players in the gaming laptop market are focused on increasing their market footprint by entering e-commerce platform to provide gaming laptop accessibility to consumers everywhere.

However, the limited battery life of gaming laptop as compared to ordinary laptops and a slowdown in the global economy due to trade tensions between US and China are some of the factors that may hamper the sales of gaming laptop.

Global Gaming Laptop Market: Key Developments

Additionally, the company is also targeting to grow its market share from 11% to 15% in the consumer laptops business segment in India market.
AsusTek Computer Inc. focuses on increasing its market share to 50% in the India gaming laptop market along with expanding its retail footprint to 200 stores by the end of 2019.

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What is the Regional Outlook for the Gaming Laptop Market?

The gaming laptop market is anticipated to register significant growth across all the regions during the forecast period. The gaming laptop market is classified into seven key areas: North America, Europe, Latin America, East Asia, South Asia, Oceania, and the Middle East & Africa.

Because of the increasing adoption of portable personal computers and gaming laptops among consumers to play video games, as well as the developing trend of collegiate competitive video gaming, North America is predicted to lead the global gaming laptop market, followed by Europe.

South Asia and East Asia gaming laptop market is expected to account healthy CAGR during the forecast period owing to increasing adoption of gaming laptop among consumers across metropolitan cities and small towns coupled with the growing number of professional e-sports gamers in developing countries such as India.

MEA is likely to have a lucrative opportunity in the global gaming laptop market in the coming years as companies are introducing budget-friendly gaming laptop with innovative features to target mid-ranged consumers in the region.

Who are the Key Players in the Gaming Laptop Market?

Some of the key players operating in the global gaming laptop market are AsusTek Computer Inc., Micro-Star International Co., Ltd, Razer Inc., Acer Inc., Lenovo Group Limited, The Hewlett-Packard Company, Dell Technologies Inc., Gigabyte Technology Co., Ltd., Samsung Electronics Co., Ltd., ORIGIN PC Corp., AORUS Pte. Ltd., Clevo Corporation, EVGA Corporation, and others.

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Temporary Storage Buildings Market – Global Industry Analysis and Deeper Insights | FMI

The global temporary storage buildings market is estimated to be around US$ 1536.9 Mn in 2022, sales of temporary storage buildings are estimated to grow at 6.3% CAGR from 2022 to 2032 and reach US$ 2831.3 Mn by 2032. Growing industrialization around the globe is resulting in need for storage space to store tools, equipment, and raw materials at one given space. This will surge the demand for temporary storage buildings in the future.

It can also be easily disassembled, moved between work sites, and customised to meet changing needs. Buildings for temporary storage are a simple and quick arrangement that can be made for storage-based applications. These buildings are easy to setup as they do not require concrete foundation and brick walls. In short, it is contemporary, cost effective as well as flexible long lasting alternative to permanent solution.

However, Asia Pacific is expected to show significant growth in the forecast period owing to government initiatives in the countries such as India and China to promote manufacturing, will also contribute towards the growth of this market. Rest of the world is estimated to account for a relatively small share of the temporary storage buildings market.

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Europe holds a major share in the global temporary storage buildings market. It is followed by North America and Asia Pacific. Europe is projected to be major consumers owing to the extensive applications of temporary storage buildings in the manufacturing Industry.

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Market Participants

Some of the examples of the market participants operating across the value chain of the global Temporary Storage Buildings market are:

RÖDER HTS HÖCKER GmbH
Shelter Tent Manufacturing Co., Ltd
Spaciotempo
Portable Venues (Group) Ltd
Big Top Manufacturing
MAHAFFEY FABRIC STRUCTURES
Losberger US LLC, USA
Kopron Spa
MegaDome Buildings
Milestones Building & Design

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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By Segmentation:

On the basis of the type, the temporary storage buildings market can be segmented as follows:

Storage Buildings
Retail & Showroom Buildings
Educational Buildings
Recreational Buildings
Public Sector Buildings
Emergency Buildings

On the basis of the structure of building, the temporary storage buildings market can be segmented as follows:

Industrial Canopies
Storage Protect Range
Insulated Buildings

On the basis of the end use industry, the temporary storage buildings Market can be segmented as follows:

Chemicals & Petrochemicals
Automotive
Mining & Metals
Cement
Construction
Shipbuilding and construction
Logistics
Agriculture
Others

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Electric Face Cleansers Market is Projected to be Valued at US$ 1.68 Bn in 2022 | FMI

The global electric face cleanser market is estimated to be valued at US$ 1.68 Billion in 2022, forecast to grow at a CAGR of 9.3% to be valued at US$ 4.1 Billion from 2022 to 2032.

Growth is attributed to development in residential and commercial construction as well as the rising demand for renovation projects.

The market for electric face cleansers is dominated by North America, thanks to the presence of notable players and rising consumer awareness of beauty products. Due to prolonged exposure to the sun and UV radiations, the population has also seen an increase in cases of skin allergies.

This will likely encourage the growth of the skincare market over the coming years, which will increase demand for electric face cleansers in nations like the United States and Canada.

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Which are Some Prominent Drivers Spearheading Electric Face Cleansers Market Growth?

Owing to increasing levels of pollution in several countries and its detrimental effects on human skin, consumers are opting for various skincare products, such as electric face cleansers, to protect against pro-oxidative chemicals and air pollutants.

Rapid innovations in the cosmetic industry and growing consumer demand for portable devices with high battery backup are some important factors that will boost the demand for Electric Face Cleansers during the forecast period

What are the Challenges Faced by the Electric Face Cleansers Industry?

The availability of alternatives to electric face cleansers in the market and the high price of electric face cleansers compared to conventional products are important factors that will impede the growth of the market. It is also difficult to clean brushes and filters of electric face cleansers.

That apart, limited government regulations in developing countries that cover electronic personal care devices lead to an increase in the trade of false/imitation products in the market, which may also hamper the growth of the electric face cleansers market during the forecast period.

Why is Asia-Pacific Emerging as an Opportunistic Electric Face Cleansers Market?

The Asia Pacific is the fastest-growing region in the cosmetics market. Over the last five years, outdoor air pollution has increased by 8% worldwide. Various cities in the Asia-Pacific and the Middle East regions are dealing with the menace of air pollution and consumers are becoming more aware of the detrimental effects of air pollution. This is the primary factor that will accelerate the growth of the electric face cleansers market during the forecast period.

Additionally, an upsurge in disposable income owing to rapid urbanization, key players penetrating the market, and growth of the electric appliances market are likely to rev up the sales of electric face cleansers in the region. Countries like China and India are the major consumers of cosmetic products all over the world. This is estimated to strengthen the demand for electric cleansers throughout the forecast period.

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How is Europe Contributing to the Growth of the Electric Face Cleansers Market?

The Europe electric face cleansers market is projected to grow ascetically in the foreseeable future. Increasing spending rate on cosmetic products by individuals is assessed to propel electric face cleanser market growth in Europe. Besides, the launch of new cosmetic products by renowned players in the province is likely to back Europe’s market growth.

Why does North America Hold a Significant Share in the Electric Face Cleansers Market?

North America dominates the electric face cleansers market, backed by the presence of prominent players as well as soaring awareness about beauty devices among people. Additionally, there has been an upsurge in skin allergy occurrences among the population owing to longstanding exposure to sun and UV radiations. This, in turn, is likely to encourage the skincare market growth in the next few years, thus, which will boost the demand for electric face cleansers in the countries like U.S & Canada.

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Stair Lift Motors Market to surpass to reach US$ 211.6 Million with a CAGR of 4.3% by 2032

The stair lift motors market is likely to rise to US$ 139.3 Million in 2022. The stair lift motors are anticipated to reach US$ 211.6 Million with a CAGR of 4.3% by 2032.

The stair lift motor is a kind of moving chair that makes it easier for people to go from one floor to another without feeling any weight on their shoulders. Stair lift motors continue to be in high demand in urban areas because they provide an elderly population that is afraid of stairs with a comfortable, temporary solution. Medical emergencies like fractures or diagnoses and falls are increasing the sales of stair lift motors.

Stair lift motors, which lift people in the direction of a track next to the stairs, are in higher demand. A lifting stand or chair is attached to the rail, and a bannister is attached to the stairways. This is likely to boost the growth of the stair lift motors market in supermarkets.

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Drivers:

The stair lift motor market size is anticipated to experience a moderate growth rate during the forecast period.

Convenience

The flexibility, low maintenance cost, and reduced weight are likely to increase the stair lift motors’ market share during the forecast period. A high level of immobility and convenience is reflected to be a top reason in the adoption of stair lift motors.

Safety feature

The advanced stair lift motors are much safer and it reduces the chances to fall. The stair lift motors are specially used by handicapped, old-age and children which are anticipated to increase the stair lift motors market opportunities. The government is also imposing strict rules across the globe to take up initiatives to use stair lift motors in the medical sector.

Technological progress

The manufacturers are also making products more user friendly to increase production and the sales of stair lift motors in coming years. On the other hand, technological innovation in the medical industry remains one of the prominent driving forces to rise the stair lift motors market growth.

Energy efficiency

Over the past few years, the demand for A.C. power stair lift motor is increasing with a noteworthy attraction in the global stair lift motor market. Due to its vastly reliable and energy proficient services, the end-users are likely to increase the adoption of AC power stair lift motors.

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Restraints:

Trained personnel

Trained person is required for the installation of stair lift motors, lack of acquaintance related with local elevator codes may hinder the stair lift motors market growth.

High Cost

Moreover, high prices and deleterious customer evaluations related to the post-sales service is venerable and poses a challenge for the adoption of stair lift.

Operational Injury

Additionally, concerns related to the prospective threat of injury owing to incongruous installation is expected to continue to present challenges to the growth of this market.

The key participants of the global stair lift motors market are the following:

Dumore Motors (US)
Acorn Stairlifts, Inc. (US)
Lothian Electric Machines Ltd. (EUROPE)
Harmar (US)
Chanter Biomed (UK)
Bruno (NA)
MediTek
Stannah Stairlifts Ltd.

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Key Segments

By Types:

Wheelchair platform stair lifts
Straight-rail stair lifts
Curved-rail stair lifts
Outdoor stair lifts
Goods stair lifts
Others

By Current:

DC. power lifting motors
AC power lifting motors

By Application:

Medical Sector
Industrial Sector
Commercial Sector

By User Orientation:

Seated
Standing and perched
Integrated wheelchair platforms

By Installation Type:

Indoor
Outdoor

By Sales channel:

OEMs
Online

By Regions:

North America
Europe
Asia Pacific
Latin America
MEA

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Over-night Hair Treatment Products Market to Grow at a Consistent Rate of 5.3% CAGR in 2022-2032 | FMI

The market for over-night hair treatment products a steady rate of CAGR of 5.3% during the 2022-2032 period.

“Availability of multiple hair care products including sleep masks, serum, oil, and more are driving the demand for over-night hair treatment products like never before.”

Nowadays, consumers around the world are more conscious about their appearance, which includes hair care products. The growing trend of hair style and desire of beautiful hair have stimulated demand for hair care products, which in result, caught the eyes of consumers for Over-night hair treatment products such as hair masks, water based hair care gel, etc.

The demand for over-night hair treatment products is increasing at an unprecedented rate due to the availability of numerous hair care products, including sleep masks, serum, oil, and more.

Consumers today are increasingly concerned with their image, which includes using hair care products. The growing popularity of hairstyles and the desire for healthy, attractive hair have increased demand for hair care products, which has drawn customers’ attention to goods for overnight hair treatments including hair masks and water-based hair care gel.

Over-night Hair Treatment Products Market: Overview

Over-night hair treatment products are the hair repair products which often known as hair masks, water based gel that have properties to make hair soften, soothe and condition. The primary purpose of using over-night hair treatment products are infusing hair shaft with moisture and glossy shine to hair. It also reduces hair breakage.

These properties have of over-night hair treatment products make it popular and demanding among consumers. Now a days, consumers around the world are more conscious about their appearance which includes haircare products.

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The growing trend of hair style and desire of beautiful hair have stimulated demand for hair care products, which in result, catching the eyes of consumers for over-night hair treatment products such as hair masks, water based hair care gel etc. Being attractive is the trend that everyone follows, especially women. The growing beauty conscious consumers thus prefer to use over-night hair treatment products to repair their hair condition. However, growing counterfeit products hamper the growth of the over-night hair treatment products market.

Changing lifestyle and beauty consciousness are the factors that push the market for more innovative products such as protective hair serum, anti-aging overnight hair rescue hair treatment from various manufacturers. Manufacturer in this segment face a tough competition due to high concentration of players in the market. Thus, manufacturers are focusing on new innovations and new product launches to attract new and retain their old customers. Currently, manufacturer are coming with products which are free of paraben, gluten, mineral oil etc.

Over-night Hair Treatment Products Market: Market Dynamics

The use of over-night hair treatment products are not new in the market. Growing consumer interest and demand from market has pushed the manufacturers for new innovative products. Using natural products are currently trending in the global market, hence manufacturers are focusing on natural over-night hair treatment products which provides hair repair along with hair shine. The rapid change in lifestyle and increasing popularity of hair care products drive the demand for over-night hair treatment products, primarily the hair mask.

The growing home beauty culture has put the over-night hair treatment products market into a bigger risk. Consumer’s nature of trying new home beauty tips and products have pushed the manufacturers to come up with innovative & attractive products, not only by product quality and properties, but also the price point. High manufacturing concentration has been observed in North America and other developed region such as Europe.

The growing trend of attractiveness and usage of over-night hair treatment products is more in the USA compared to other countries. The Asia Pacific is holding a significant portion of the over-night hair treatment products market due to growing manufacturing in Asia Pacific region such as Chinese, Japanese and Korean Companies. Moreover, demand for paraben free and natural products are trending across the geographies and expected to see a robust growth in future market.

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Over-night Hair Treatment Products Market: Regional Outlook

The over-night hair treatment products market are anticipated to grow owing to growing consciousness among consumers. Growing lifestyle and desire of beautiful hair are the primary factors to lead the over-night hair treatment products. Hair masks are the most popular product which is expected to gain a significant market value share during the forecast. The over-night hair treatment products market is expected to register a positive growth across all the geographies during the forecast period.
North America and Europe is expected to hold a significant market share in over-night hair treatment products market owing to high product awareness, high adoption rate of new products, and high concentration of manufacturers in the regions.
East Asia is also expected to hold a significant value share in global gloss product market and also anticipated to grow at higher CAGR during the forecast (2019-2029) as compared to developed regions. The beauty conscious consumers, large population and presence of Chinese, Korean and Japanese beauty companies will fuel the over-night hair treatment products market. India is also expected to hold a significant market share among South Asian countries. Latin America and Oceania are projected to hold a significant market share in the global over-night hair treatment products market.

Over-night Hair Treatment Products Market: Key Players

Some of the over-night hair treatment products key players operating in the global over-night hair treatment products market are L’Oréal Paris, Johnson & Johnson Consumer Inc. (Neutrogea), IGK Hair, Arvazallia, Briogeo, Sachajuan, Anthem USA, and others.

Over-night Hair Treatment Products Market: Market Segmentation

The over-night hair treatment products market is segmented into different parts based on the product type, price, application, and sales channel.

On the basis of product type, the global over-night hair treatment products market has been segmented as –

Hair Masks
Conditioning Mask
Moisture Mask
Oil Mask
Hair Serum
Hair Gel (Water Based)

On the basis of price, the global over-night hair treatment products market has been segmented as –

High Range
Mid-Range/ Economy

On the basis of demography, the global over-night hair treatment products market has been segmented as –

Women
Unisex

Based on application, the global over-night hair treatment products market is segmented into:

Household
Commercial
Spa & Salon, Hair Treatment Centers
Hotels
Others

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On the basis of the sales channel, the global over-night hair treatment products market has been segmented as –

Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Multi-Brand Stores
Independent Small Stores
Online

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

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Digital Breast Tomosynthesis (DBT) Equipment Market to surpass USD 8.4 Bn by 2032, Says FMI

The global digital breast tomosynthesis equipment market Size is expected to reach 1,007.6 Mn in 2016, witnessing a year-over-year growth of 13.7%. Digital breast tomosynthesis (DBT) or 3-D mammography new installations (includes new equipment and 3-D upgradation) expected to reach 4,547 units in 2016, up from 4,061 units in 2015. In terms of revenue.

The global digital breast tomosynthesis equipment market was valued at US$ 886.6 Mn in 2015, and is projected to expand at a CAGR of 13.9% over forecast period 2016–2026. Increasing adoption of 3D mammography due to superior features over 2D mammography and favourable regulatory backing are factors fuelling market growth across the globe. The digital breast tomosynthesis equipment market would be driven by both new equipment purchases and upgradation of existing digital mammography machines.

Limitations concerning the flat nature of images achieved through a 2-D full-field digital mammography (FFDM) is influencing end-users to adopt DBT equipment for diagnosis of breast cancers. Digital breast tomosynthesis enables radiologists to analyse abnormalities lucidly, helping improve detection rates while reducing callbacks. In the backdrop of these factors, demand for digital breast tomosynthesis equipment is witnessing an uptick, and the trend is expected to gain further momentum in the future.

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Sales of DBTs have remained quite robust in the US in the recent past, making North America the most lucrative market globally. The market in the region is largely dominated by Hologic, Inc. although GE and Siemens Healthineers have also registered their presence by launching innovative DBT products at competitive prices. Total DBT equipment revenues in North America were pegged at 472.8 Mn in 2015, with the U.S. accounting for bulk of revenue share. New equipment installation base in North America is expected to reach 2,327 in 2016, up from 2,066 in 2015.

In addition to North America, digital breast tomosynthesis sales are also growing steadily in Western Europe and APEJ. Revenues in Western Europe are anticipated to grow by 13.4% in 2016, whereas APEJ is expected to increase at 12.2%.

By end-users, hospitals account for higher demand for DBTs vis-à-vis diagnostic centres. Many hospitals are in the process of upgrading their existing mammography machines, owing to which demand for DBT equipment is growing at a steady rate. However, high costs, coupled with lack of awareness can impede adoption rates in both hospitals and diagnostic centres, and slow down the growth of the market globally. Installations of DBTs in hospitals totalled 3,020 in 2015, representing a market value worth 542.8 Mn.

Key players in the global digital breast tomosynthesis equipment market include Hologic Inc., GE Healthcare, Siemens Healthineers, Internazionale Medico Scientifica, Fujifilm, and Planmed Oy. The top 3 players – Hologic, Inc., GE Healthcare, and Siemens Healthineers collectively account for nearly 90% revenue share of the market.

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Long-term Outlook: In terms of revenues, the global tomosynthesis equipment market is expected to increase at 13.9% CAGR during the forecast period 2016-2026. Total installations of DBT equipment are anticipated to reach 17,700 units.

Key Segments Covered

By Product type

DBT Equipment

3-D Upgradation

By End User

Hospital

Diagnostic centres

Key Regions Covered

North America

Latin America

Western Europe

Eastern Europe

APEJ

Japan

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