Fabric Starch Market – Global Revenue Growth Expectations in the Near Future | FMI

Global Fabric Starch Market -Starch has long been used in households and also by launderers for providing a clean and crisp appearance to the fabric, largely apparels. Use of starch on apparels often results in easy ironing process, thus fabric starch is regularly used by launderers worldwide.

Fabric starch used by launderers also helps protecting fabric from stains, and washes tough stains out if starch is applied on the cloths. Long term use of fabric starch also ensure of holding the ironed appearance for longer period.

Fabric starch market stakeholders waited for long to move away from specialty product category to frequently bought product aisle in retail superstore. It was the rise of e-Commerce when the true potential of the product was unveiled. Leading fabric starch brands reported pleasing sales numbers once they were digitally present.

e-Commerce also enabled brand’s reach to regular households, which were earlier restricted to professional fabric care service providers such as launderers. Digital platforms are being actively used by large and small companies operating in fabric starch market to communicate effectively with their customers.

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Experimenting with Formulation and Marketing Strategy Aligned Well with Fabric Starch Market Growth

Starch is a carbohydrate produced primarily sourced from plants. It is used in the laundering and dry cleaning industry as a stiffener for fabrics. Starch used by commercial dry cleaning and laundry service providers are made up corn starch, wheat starch, and synthetic starch.

Over the years brands have ideated multiple fabric starch formation which offers extra conditioning to the fabric. Companies brandish such claims and have been reported to be benefits. Some of such value added fabric starch available in the market include scented starch spray, wrinkling and soiling resistant fabric starch etc.

Leading fabric starch manufacturing companies have demonstrated their R&D capabilities and developed multiple such formulation. A majority of fabric starch introduced in the market were marginally different from one another, yet brand owners effectively marketed the claims.

The market strategy of claims seems to be paying-off for brands, as till December 2019 a steep rise in consumer spending on fabric care products was registered. Though all stories do not unfold in manner marketers expect it to be.

Reduced Economic Activity Due to Covid-19 Created a Stress on Fabric Starch Market

Most of the economic activities remained sluggish in 2020, and most of people were working from home. This situation practically minimized the use of fresh, ironed and crease free apparels, as individuals preferred wearing casuals while working from home.

This prevailing trend created cascade effect on many of the product, and fabric starch is one of such product. Though fabric starch accounts for even less than one percent of overall retail sales, but is key for the companies operating in this business.

Some of the manufacturers in fabric starch market had sufficient inventory, and were ready to supply it to retailers on their call. However, frugal consumer sentiment in the first half of 2020 limited fabric starch sales to less than 55% comparing against Y-o-Y 2019.

The global wrinkle release spray market witnessed dent right at the moment when it was about to exhibit over at par growth.

Europe and North America Continues to Dominate the Global Fabric Starch Market

Professional grade fabric starch is available in retail market of North America and Europe for many years, and these markets are relatively matured. With market position on maturity curve of PLC, fabric starch brands have limited scope of improving retail visibility.

Leading brands have occupied shelve space as well as digital platform, as they took advantage or early movers.

Unlike the west, eastern fabric starch markets are relatively embryonic in nature. A small portion of customer out of meteoric potential customer pool, identifies fabric starch as a separate fabric care product.

Even a fractional share of such customers add it to their shopping carts. Since, being at embryonic stage, the Asian markets offer meteoric scope of growth for wrinkle release spray brands, but the these regional clusters are still dominated by local brands, and at times prefer conventional method of starching cloths.

Asian countries collectively contributed to less than 18% of revenue in global fabric starch market in 2019, whereas Europe dominated sales with slightly over 35% share in the same year.

Despite being a market at embryonic stage and a large population base, Asian markets are yet not ripe for investment. Consumers in high potential countries like China, India, Indonesia etc., will be ready to adopt such products only after 2025.

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Fragmented Fabric Starch Market, Positioned Well for Consolidation

The global fabric starch market is largely characterized by the existence of large number of small brands which primarily operate in one country. North American and European brand seems to outperform their Asian counterpart in terms of expanding regionally, but a large opportunity cluster is yet under the carpet.

North American and European brands have not been able to create a space for themselves in Asian retail outlets. Local brands are still dominating in fabric starch market for China, Japan, South Korea and India. These are high potential markets, and Western brands may opt to consolidate fabric starch market by acquiring companies in these countries.

Some of the key companies operating in global fabric starch market include names like

  • The Laundress
  • Best Press
  • Quilter’s Starch Savvy
  • Bucko Ironing Spray,
  • Faultless
  • Purex etc.

Key Segment

By Product Type

  • Powdered Fabric Starch
  • Sprayable / Liquid Fabric Starch

By Source

  • Corn Starch
  • Wheat Starch
  • Synthetic Starch

By Sales Channel

  • Hypermarket and Supermarket
  • Online Channels
  • Big Box Retailer

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Beer Brewing Machine Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast by 2030 | FMI

Global Beer Brewing Machine Market – Beer brewing machine enables convenient production of freshly brewed homemade beer. Beer brewing machines incorporate advanced features and technologies and exceeds conventional and traditional techniques of brewing beer. Beer brewing machines are available as manually operated and automatic as well. Compact size and easy portability make beer brewing machines seamless for the small scale beer brewing.

The manufacturers offer beer brewing machines in various design, size and capacity ranges along with ability to customize recipes. In addition, high-end beer brewing machines also enable synchronization with smartphones and devices. Beer brewing machines are also employed with automatic cleaning system and installation process is simple.

The practice of homemade beer brewing is gaining more prominence among the consumers. Advent of e-commerce, growing beer consumption and rising stature of customized beer are the factors estimated to augment the growth in demand for beer brewing machine market.

The ongoing COVID-19 pandemic has already hit the global economy harder than the great recession of 2008. The crisis has caused shut down of the manufacturing facilities and supply chains are at halt, resulting in significant dip in the short term demand for beer brewing machines. However, with growing eminence of online sales and service, the market is anticipated to recover sharply post the pandemic period.

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Beer Brewing Machine Market: Dynamics

Beer have significant popularity among consumers from all age-groups. Increasing demand for draught beer and home craft beer among the millennials are the factors primarily driving the demand for beer brewing machines. For instance, as per analysis by AHA (American Homebrewers Association), nearly 1.1 million people in the U.S. fancy craft beer made at home, and 40% of these consumers have inclined towards home brewed beer in last four years.

Increasing per capita income, spending capacity and continuously improving living standards coupled with easy availability of the products required for home brewed beer and convenient operation are expected to create positive prospects for the growth of beer brewing machine market.

The increasing customer inclination towards fresh beer with variety of flavors is expected to ascend industry trends. The manufacturers are providing innovative beer brewing machines equipped with digital thermostats, Wi-Fi connectivity, display controls, multi-tap systems, etc. for more reliable and energy efficient operation. As a result, paving the way for the growth in beer brewing machine market.

Advertising restrictions and regulations for licensing are the reasons expected to restrain beer brewing machine market growth. Lack of attractiveness towards beer consumption, conservative attitude along with cultural restrictions in many Asian countries are also anticipated to create hindrance in the beer brewing machine market growth.

Beer Brewing Machine Market: Regional Outlook

North America is expected to hold largest share in the global beer brewing machine market. This is attributable to the enhanced standards of living, higher per capita income and prevalence of key manufacturers of beer brewing machines in the region. Aforementioned factors grounds North America to account for more than one third share of the global beer brewing machine market.

The traditions of home brewing are highly concentrated in the European countries. On account of this, Europe is also expected to have substantial share in the global beer brewing machine market. Increasing young population coupled with acceptance of western culture in emerging economies from Asia Pacific and Latin America is expected to create positive growth virtues for the beer brewing machine market growth.

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 Beer Brewing Machine Market: Key Participants

  • BREWART
  • LG Electronics.
  • Kickstarter, PBC
  • BREWIE
  • BrewJacket LLC
  • PicoBrew Inc.
  • Home Brew West
  • MINIBREW BV
  • Speidel Tank-und Behälterbau GmbH
  • WilliamsWarn Ltd

The research report presents a comprehensive assessment of the beer brewing machine 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 the beer brewing machine market segments such as geographies, mechanism, size, capacity, and sales channel.

The report covers exhaustive analysis on

  • Beer brewing machine Market Segments
  • Beer brewing machine Market Dynamics
  • Beer brewing machine Market Size
  • Beer brewing machine Supply & Demand
  • Beer brewing machine Current Trends/Issues/Challenges
  • Beer brewing machine Competition & Companies involved
  • Beer brewing machine Technology
  • Beer brewing machine Value Chain

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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Industrial Protective Footwear Market of Europe will Secure its Leadership owing to the Presence of well-established Manufacturers in the Region | FMI Report

Global Industrial Protective Footwear Market – Industrial protective footwear is a high-priced option that is relatively costly than standard footwear. This will hinder the market growth of industrial protective footwear

Safety, innovation, comfort, and aesthetic value are the chief attributes of industrial safety footwear. Over the years, the worldwide shoe producers have been focusing on to incorporate these attributes in their products to provide safe workplace and comfort to workers.

According to the Bureau of Labor Statistics, every year around 60,000-foot injuries in the U.S. ensued in lost manufacturing time which triggered the average disbursement of about USD 9,600 per day. Rapid advancement in several businesses has amplified the workforce worldwide. However, factory workers encounter employment instability, expanded work hours, and poor working conditions.

This majorly affects the market growth. Strict regulatory standards framed by authorities such as OSHA, BSI, and ILO concerning work environment security have brought about increased demand for industrial protective footwear.

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Industrial Protective Footwear Market – Key Trends

Prominent protective footwear manufacturers are recognizing industries requirements for comfort, and safety, and including stylish details such as buckles. Leather is widely preferred and occupied over 75% of the global market as it is popular for fashion footwear as well as a non-conductive material which is considerably utilized in protective footwear to provide safety against harmful electric shocks.

Manufacturers are introducing new light wear protective footwear as compared to the heavy boots. The standards are continuously evolving in the protective footwear landscape, as this footwear is much more advanced as compared to those available in the past, providing even more protection.

For example, a green triangle indicates sole puncture protection with a grade 1 protective toecap projected for heavy industrial work surroundings. Oil & gas companies operating in the arctic region encounter a high fatality rate owing to tough evacuation, rescue conditions, and emergency response. The Arctic Council and the EU presented guidelines and laws concerning safety functionings in the Arctic. This has regulated protective footwear sales across the oil & gas sector.

Industrial Protective Footwear Market – Growth Restraints

Industrial protective footwears are premium-priced products that are relatively expensive than normal footwear. This will hinder the market growth of industrial protective footwear. However, lack of awareness concerning workers’ precautions in SME industries especially in emerging economies also hinders market growth.

The presence of local manufacturers engaged in manufacturing cheap by employing spurious and low-quality materials has ensued in sales of these inexpensive, low-quality protective footwear which is impeding the market growth. Due to this, prominent market players are facing stiff competition in the global industrial safety footwear market.

COVID-19 Impact Analysis

The footwear industry has experienced a marginal decline during the last five years to 2020. COVID-19 pandemic has put a lot of pressure on the industrial protective footwear industry with factories strictly following the nationwide lockdown.

The market is experiencing a supply and demand gap as production has halted amid crisis.Nonetheless, amid the crisis manufacturers are actively supporting the COVID-19 infrastructure by manufacturing masks utilizing the fabric utilized in shoe linings. Recently, Bata has donated its washable footwear to hospitals across the nation, the sales of which the company expects to expand in the long-term.

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Industrial Protective Footwear Market – Regional Analysis

Europe’s industrial footwear market will secure its leadership owing to the presence of well-established manufacturers in the region. The industries in the region are propelled by several factors such as conducive prices of raw materials, awareness about safety matters, transportation costs, and growing innovations from safety footwear manufacturers.

Asian Region will witness rapid growth over the forecast period mainly due to increasing adaptation of health and safety practices to decrease workplace fatalities. The noteworthy expansion of the construction industry in emerging economies such as China and India is supporting the market growth in the region.

North America, is anticipated to witness an increase in demand for industrial protective footwear due to the growing oil & gas industry in Central and South America in addition to increasing investments in agriculture, defense, and healthcare industries.

Industrial Protective Footwear Market – Competitive Analysis

The major companies, for instance

  • Bata Corporation
  • Honeywell International Inc.
  • Wolverine World Wide Inc.
  • Rahman Group
  • Dunlop Protective Footwear
  • VF Corporation
  • Saina Corporation Co. Ltd.
  • UVEX Safety Group
  • Jal Group
  • Hewat’s Edinburgh
  • ELTEN GmbH
  • COFRA Holding AG
  • Rock Fall Ltd.
  • Oftenrich Holdings Co. Ltd.

Industrial Protective Footwear Market – Segment Analysis

The global industrial protective footwear market is fragmented based on the following:

Type :

  • Leather footwear
  • Waterproof footwear
  • Rubber footwear
  • Plastic footwear

Application:

  • Construction
  • Manufacturing
  • Mining
  • Oil and Gas
  • Chemicals
  • Food
  • Pharmaceuticals
  • Transportation

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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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Smart Swimming Caps Market Size, Growth Factors, Top Leaders, Trends, Analysis, Competitive Landscape and Regional Forecast 2030

The smart swimming caps is a unique invention. Smart swimming caps are controlled by a coach outside of the pool. When in use smart swimming caps are connected and synchronized with android devices or smartphone via Bluetooth technology.

Swimming caps have been primarily designed to minimize hydrodynamic drag effect so that athletes and swimmers can move efficiently in water. But, technology invention has made it use smarter, and transformed it to a revolutionary tool for visually impaired athletes. Smart swimming caps helps in communication for blind swimmer during the swimming competition.

It has added vibration technology, which has made navigation easy for blind swimmers. Hence, smart swimming caps are considered to be a perfect example of “Evolution Through Technology”. Previously, blind swimmers could only guess finish of a lane when a team member or coach at the end of lane indicates a direction by tapping swimmer with a long pole.

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This situation was rather confusing for swimmer and often creates miscommunication during the competition. But, smart swimming caps can completely solve this issue and make communication easy between swimmer and coach.

Swimmer’s coach can send a warning signal to him from his/her smartphone or smartwatch which is then compiled and transforms into a vibration within the cap of the blind swimmer which gives warning to swimmer, when to turn or when to accelerate while in competition. In addition, smart swimming caps can also record all activity data and performance of the blind swimmers for understanding progress of swimmer.

Smart swimming caps market is relatively new, currently, this technology has been invented by Samsung, and with more of such players involving in the same business could create sustainable scope of development in forecast period.

COVID Impact Insights

Coronavirus outbreak has halted any kind of sports activity across the globe including Paralympic games which are supposed to happen to in 2020.

As smart swimming cap is only used by visually impaired athletes and termination of Paralympic games 2020 and similar sport competition will directly impact the sales of smart swimming caps during present year. Further, coronavirus crisis has halted any kind of travelling across borders has currently created a negative scenario for smart swimming cap market.

Smart Swimming Caps Market: Regional Outlook

Smart swimming caps market is relatively new and is proceeded to have bright futures all around the world. North America is expected to be largest consumer for smart swimming caps, demand is heavily driven from a long list of local blind swimming athletes, requiring smart swim caps while practicing or in actual games.

United States has a high reputation for its dominance in swimming games worldwide. In the history of Paralympic, country has won more medals in swimming sport than any other country in the world.

This clearly indicates why all swimming products including smart swimming caps have such as high demand in North America. Next to North America, East Asia is expected rank in the second place for smart swimming caps demand, and this trend is expected to continue throughout assessment period. China is forecast to be at forefront of demand.

Since more and more number of local athletes have been showcasing their talent. Furthermore, as the technology is being originated from South Korean company, country is going to enjoy a monopoly in current timeframe.

Smart Swimming Caps Market: Key Players

Global smart swimming caps market has been characterized to have a monopoly of one company only. Samsung in collaboration with Spanish Paralympic Committee and Cheil Spain developed this technology which has successfully replaced pole tapping with a gentle vibration at each end of the pool.

Samsung has come forward to innovate this using basic device swim cap system to smart swimming caps. Company’s new invention has still in transition phase and future is dependent on performance of athletes using the smart swimming caps

The research report presents a comprehensive assessment of the Smart Swimming Caps 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.

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The Smart Swimming Caps Market Report Covers Exhaustive Analysis On

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The Smart Swimming Caps Market Regional Analysis Includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic)
  • Eastern Europe (Russia, Poland & CIS)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Malaysia, Indonesia, & Thailand)
  • Oceania (Australia & New Zealand)
  • Middle East & Africa (GCC Countries, South Africa, Turkey)

The Smart Swimming Caps 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 Smart Swimming Caps report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Smart Swimming Caps report also maps the qualitative impact of various market factors on market segments and geographies.

Segmentation analysis of Smart Swimming Caps Market

The global Smart Swimming Caps market is bifurcated into four two segments: cap size, and region.

On the Basis of Cap Size

  • Small (20 ½ to 21 5/8 inches)
  • Medium (22 to 22 3/8 inches)
  • Large (22 ¾ to 23 1/8 inches)

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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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Pet OTC Medication Market Growing at a Phenomenal Pace Surpassing US$ 13.2 Bn by 2032

The pet OTC medication market is poised to reach a valuation of US$ 8.5 Bn in 2022. Sales are projected to increase at a 4.5% CAGR, with the market size reaching US$ 13.2 Bn by 2032.

The global pet OTC medication market is forecast to grow at a steady rate during the assessment period. Rising pet adoption across the globe is expected to push sales in the market through 2032. Increasing awareness regarding pet healthcare has also made a significant contribution to the growth in pet OTC medication market.

Emerging markets in low and middle-income countries are expected to offer opportunities for expansion. In addition to this, surging demand for herbal topical medication for fleas and other allergies in pets will boost sales in the market.

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“Rising availability of pet insurance in countries such as the U.S. and France, along with increasing demand for natural ingredient-based pet care products is expected to fuel the growth in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

  • Demand for natural ingredients-based medications is expected to gain traction at a considerable pace.
  • Chewables and tablets will account for nearly 30% of the total market share over the forecast period.
  • Total sales of OTC medicines for dogs will hold approximately 40% of the global pet OTC medication market share.
  • The U.S. will continue dominating the North America pet OTC medication market over the assessment period, with sales growing at a 2% CAGR.
  • Demand in the India market is forecast to surge at a 5.5% CAGR through 2032.
  • France will account for a lion’s share in the Europe pet OTC medication market over the forecast period.

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Competition Landscape

The key players in the pet OTC medication market are Ceva Santé Animale Co., Elanco Animal Health Inc., Boehringer Ingelheim International GmbH, Zoetis Inc., Merck & Co., Inc., Virbac SA Co., Bayer AG, IDEXX Laboratories Co., Covetrus Inc., Dechra Pharmaceuticals PLC, Vetoquinol SA, Phibro Animal Health Co., Kyoritsuseiyaku Co., Krka, d. d., Novo Mesto, Sequent Scientific Ltd., Heska Co., Eco Animal Health Group, and Neogen Co.

Pet OTC Medication Market by Category

Pet Type:

  • Dogs
  • Cats
  • Birds
  • Fish and Reptiles
  • Small Pets
  • Others

Application:

  • Fleas & Ticks
  • Allergies
  • Pain Relief & Arthritis
  • De-wormers
  • Others

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Form:

  • Chewables & Tablets
  • Capsules & Ointment
  • Sprays
  • Others

Sales Channel:

  • Pet Specialty Stores
  • Veterinary Clinics
  • Drug & Pharmacy Stores
  • Online Retail
  • Others

Region:

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

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global Pet OTC Medication market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032.

The study divulges compelling insights on the Pet OTC Medication market based on Pet Type (Dogs, Cats, Birds, Fish and Reptiles, Small Pets, and Others), by Application (Fleas & Tick, Allergies, Pain Relief & Arthritis, De-wormers, and Others), by Form (Chewables & Tablets, Capsules & Ointment, Sprays, and Others), by Sales Channel (Pet Specialty Stores, Veterinary Clinics, Drug & Pharmacy Stores, Online Retail, and Others) and Region.

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Montan Wax Market Innovations, Technology Growth and Research 2022-2027

Montan wax is a type of wax containing a long chain of a fatty acid and an alcohol. Montan wax finds use in high-performance applications owing to its excellent properties. For instance, the montan wax possesses fine lubrication property which is why it is extremely useful for plastic industry. Montan wax when used as an internal lubricant, improves flow-ability of polymers and also lowers the demolding force on removal.

Besides, montan wax also acts as nucleating agents in polymers in order to reduce the cycle time. The molecular structure of montan wax exhibits low volatility and good thermal stability. The use of montan wax improves the mechanical properties of polymers. The montanic acid ester, a generic name for montan wax is also used as a protective layer on fruits.

The fresh fruits are surface treated with the montanic acid ester in order to reduce the loss of water from fruits. The montan wax is non-toxic and can be used as a substitute to the carnauba wax. In the paper industry, montan wax is considered to be an important ingredient owing to its absorbent and colour solubility properties.

Also, montan wax finds application in electrical and electronics industry, where it is used as a coating material for wires and cables. The low electric conductivity coupled with the excellent insulating property of the molten wax, makes it useful in electrical and electronics industry.

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Global Montan Wax Market: Drivers and Restraints

The global montan wax market is primarily driven by the growth in the end-use industry. The excellent physiochemical properties of the montan wax and available at cheap cost when compared to other waxes such as, carnauba wax, beeswax etc. further strengthens the consumption of montan wax. According to FDA, the montan wax is considered to be suitable and safe as a lubricant in the production of plastic food containers.

In food application, montan wax helps in maintaining the freshness of the fruits. The growing demand from fruit vendors, drives the global montan wax market. Demand from an industrial point of interest is intense as montan wax meets the technical requirements.

The demand for processing of engineering plastics where montan wax serves as an excellent lubricant and effectively reduces the cycle time, is one of the major driving force for global montan wax market. Some of the important advantages of montan wax which generates demand and helps in driving the market are the improvement in the mould release and flow properties, limited or no product loss, improvement in the dispersion of matrix and end product properties.

Global Montan Wax Market: Region wise Outlook

The global montan wax market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). The montan wax in Western Europe market is matured and stable with the presence established players such as ROMONTA GmbH, VÖLPKER SPEZIALPRODUKTE GMBH etc.

In European countries, the montan wax is widely used in various applications such as cosmetics, dyes, polishes, mould releasing agents etc., where the dark coloured crude montan wax is bleached giving light colour which increases the application area. The business acquisitions in the European market is prominent where the players are trying to consolidate the market.

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For instance, in 2015, the Völpker Spezialprodukte GmbH, one of the prominent and oldest company in montan wax production acquired the montan wax business of BASF SE with an objective to strengthen its market position in Europe market. North America montan wax market is expected to grow at healthy CAGR during the forecast period, owing to the lignite production as well as consumption in the region.

The montan wax market in APEJ is majorly dominated by the countries such as China and India owing to the robust presence of end use industries.

Global Montan Wax Market: Key Players

Some of the prominent players identified in the global montan wax market include:

  • ROMONTA GmbH
  • VÖLPKER SPEZIALPRODUKTE GMBH
  • Calwax Corporation
  • Paramelt B.V.
  • Clariant 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 market segments such as geography, technology and applications.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

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

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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Global Montan Wax Market: Segmentation

On the basis of type, montan wax market can be segmented as follows:-

  • Crude Montan Wax
  • Refined/Bleached Montan Wax

On the basis of function, montan wax market can be segmented as follows:-

  • Processing Agent
  • Coating Agent
  • Emulsifier
  • Others

On the basis of application, montan wax market can be segmented as follows:-

  • Thermoplastics
  • Thermosets
  • Paper
  • Others

On the basis of end-use, montan wax market can be segmented as follows:-

  • Industrial
  • Plastic
  • Paper & Pulp
  • Chemical
  • Electrical and Electronics
  • Others
  • Food
  • Fruits

About 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

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Sucrose Acetate Isobutyrate Market Comprehensive Research Study and Strong Growth in Future 2027

Sucrose acetate isobutyrate (SAIB) is a combination of the reaction products derived from the process of esterification of food grade sucrose with isobutyric anhydride and acetic anhydride, and final product derivation through distillation. The high-grade ingredient consists wide arrangements of esters in which the chemical/compound ratio of acetate to isobutyrate is around 2:6.

Sucrose acetate isobutyrate is a pure liquid food preservative that processed as an emulsifier, which leads to its property to mix water and fat. More precisely, the food additive aids suspend and distribute the flavor oils in a drink.

Sucrose acetate isobutyrate is commonly produced by mixing sucrose, basically a sugar, with the additives chemicals isobutyric anhydride and acetic anhydride. Sucrose acetate isobutyrate is neutral but also has a bitter flavor in case it is used in large amounts.

Sucrose Acetate Isobutyrate Market: Drivers & Restraints

The sucrose acetate isobutyrate market is growing at the faster pace due to its wide range of usage in coatings such as lipstick and lacquers, as it can offer coating of higher nonvolatile content that results in greater coverage and lower solvent requirements.

The growth of sucrose acetate isobutyrate is driven by its greater flexibility and property to reduce the glass transition temperature of the film-former. Sucrose acetate has several commercial applications in the food and beverage, cosmetics and painting industries.

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In addition, sucrose acetate isobutyrate is used predominantly in citrus beverages especially energy drinks as a flavor emulsion stabilizer or weighting agent to prevent separation of essential citrus oils which leads to increase its demand in food and beverages market and consumption rate across the globe.

Sucrose acetate isobutyrate plays an important role in maintaining the drink’s flavor which enhances the drinks taste and consumption. The major application of sucrose acetate isobutyrate in drinks and medicine is boosting the growth of the market in coming years.

Sucrose Acetate Isobutyrate Market: Regional Outlook

Regarding geography, tea polyphenols market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Sucrose acetate isobutyrate market is expected to register healthy CAGR during the forecast period due to increasing demand of healthy food market, as Sucrose acetate isobutyrate is used in energy drinks and electrolyte-replacement beverages.

In terms of developing region of Asia-Pacific, the growth of Sucrose acetate isobutyrate is significantly high and with comparatively high CAGR in forecast period owed to growing awareness of food additive in the region. Moreover, in certain sports drinks, sucrose acetate isobutyrate replaced brominated vegetable oil, which is a food additive linked to memory loss, skin lesions and nerve disorders which boost the growth of sucrose acetate isobutyrate in North America.

Also, North America is experiencing the rapid increase in the production capacity of sucrose acetate isobutyrate as demand for the product in the region is rising at the faster pace. Key factors driving the growth of sucrose acetate isobutyrate market in the region include evolving food additives, rising disposable income, increasing growth of energy drinks market, and high demand for the product category.

The sucrose acetate isobutyrate market is projected to register healthy growth due to rising consumption of energy drinks across the globe. Sucrose acetate isobutyrate market for Asia Pacific is also expected to witness rapid growth during the forecast period primarily attributed to the growth of liquid emulsifier industry, especially in China and India.

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Sucrose Acetate Isobutyrate Market: Key Players

Few players identified in the sucrose acetate isobutyrate market are:-

  • Eastman Chemical Company
  • Shanghai Jiulin Industrial Co., Ltd.
  • BOC Sciences
  • Celanese Corporation
  • Simagchem Corp.
  • Penta Manufacturer
  • Shanghai Sunwise Chemical Co., Ltd.
  • Others

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.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

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

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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Sucrose Acetate Isobutyrate Market: Market Segmentation

The sucrose acetate isobutyrate market is segmented into three parts based on the forms, application, and geography.

Based on the forms the sucrose acetate isobutyrate market is segmented into:

  • Viscous liquid
  • Semi-Solid
  • Others

Based on the application sucrose acetate isobutyrate market is segmented into:

  • Beverage emulsions – weighting agent
  • Color cosmetics and skin care
  • Flavorings (orange flavor)
  • Fragrance fixative
  • Hair care
  • Horse styling products
  • Chemical

About 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/sucrose-acetate-isobutyrate-market
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lnosinic Acid Market Future Scenarios, Growth and Analytical Insights – 2027

Inosinic acid is a purine nucleotides which has one phosphate group esterified to the sugar moiety and hypoxanthine as the base. Inosinic acid is the parent substance of two purine nucleotides, guanylic acid and adenylic acid which are a component of nucleic acid. Inosinic acid is nucleoside which is important in body metabolism. Inosinic acid is formed due to hydrolyzed produced inosinic and result in deamination of AMP.

Inosinic acid is primarily present in animals and is commercially is prepared from bacterial fermentation or yeast as well as fish, meat, shellfish and can also be produced by bacterial fermentation of sugars.

Primarily application of inosinic acid is used as a food additive and has high effectiveness as a flavor enhancer as well as to balance the taste of meat. The inosinic acid in the human body is degraded to uric acid. Thus, the occurrence of uric acid can lead to gout.

Global lnosinic Acid Market: Dynamics

Inosinic acid provides more enhanced flavor in the application products and thus outperforms in the food additive market. This is the prime factor driving global inosinic market. Wide application in products such as protein powder, pharmaceutical drugs such as, antacid, analgesics, and sweetener in confectionary is driving the growth of the global inosinic market.

Increase in the application of food products to enhance the intense flavor of the product which is difficult to achieve using organic acid is a potential factor for the growth of the global inosinic acid market. Moreover, application in products as a sweetener in the baked goods is growing the inosinic acid market.

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Increasing application of inosinic acid in pharmaceutical for cough syrup to enhance the sweetness of it is another potential factor that drives global inosinic acid market. Moreover, the inosinic acid chemical structure is used to give energy to muscle during the workout to intensify physical performance and enhance intensity in athletes is another factor that drives the growth of the inosinic acid market.

Owing to the production of inosinic acid is prepared from fish and meat act as a restrain to the consumer preferring vegan products. Moreover, inosinic acid is metabolized to purines and act as a threat to an individual suffering from gout.

Global lnosinic Acid Market: Region Wise Outlook

The global inosinic acid market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA).  North America is estimated to hold relatively higher share in the global inosinic acid market. This is due to the presence of food industry which contributes a major share in the global food market.

Thus, flavor enhancer plays most important role for players in the region.  Moreover, the predominance of high growth in R&D, high consumer demand for enhanced flavor products and favorable government policies has led North America to dominate the overall inosinic acid market.

The inosinic acid market in Canada is quite healthy owing to the consumer preference for quality food intake. Europe is estimated to grow at slow or stagnant CAGR. The unfavorable policies and regulatory authorities have banned the use of inosinic acid as a flavor enhancer in the food products.

APEJ is estimated to witness high CAGR during the forecast period of the inosinic acid market. This is due to the demand from the region has increased for enhanced quality of food also growing application in baked product will seed the food industry players into a profitable inosinic acid market.

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Global lnosinic Acid Market: Prominent Players

  • Sigma-Aldrich Co. LLC.
  • Shaoxing Marina Biotechnology Co.,Ltd.
  • Wuhan Zhongsheng Biotechnology Co., Ltd.

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.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

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

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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Global lnosinic Acid Market: Segmentation

Based on salt component: Inosinic acid market are segmented into

  • disodium inosinate
  • dipotassium inosinate
  • dicalcium inosinate

Based on application: Inosinic acid market are segmented into

  • Soup
  • Sauces
  • Seasonings
  • Dietary supplements
  • Sweetener

About 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/inosinic-acid-market
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Glycerol Diacetate Market [2022–2027] North America to hold the largest market size during the forecast period – Future Market Insights

Glycerol is the by-product obtained during the manufacturing form the biodiesel. Diacetin is one of the Diacetin, also known as glycerol diacetate is an ester compound used as a filler material or diluent in a production of synthetic food color. Glycerol diacetate is produced by the reaction of acetic acid and 1,2- and 1,3-diacetates of glycerol, with mono- and tri-esters in the minority. Its chemical formula is CH3COOCH2CH(OH)CH2OOCCH3.

It is an odorless, colorless, hygroscopic, oily liquid which is soluble in alcohol, ether and other organic solvents synthesized from glycerin. The glycerol diacetate is manufactured as per the food standards and is used in vast industrial uses including solvent, softener, and cement additive.

It is packaged in the metal container to avoid direct contact with the air and other impurities. It is directed to be stored in cool and dry place to avoid heat exposure. Glycerol diacetate is used as food additive and diluent in the coloring and flavoring agents.

Global Glycerol diacetate: Market Dynamics

The global glycerol diacetate market is driven majorly by the pharmaceutical and food industry. The application of glycerol diacetate in the building and construction and other varied industries contribute to the demand for the glycerol diacetate. Its variety of uses in different industries attracts the manufacturers to substitute other compounds with the glycerol diacetate.

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Due to the variety of the applications of the glycerol diacetate, it is expected to have significant growth in the glycerol diacetate market during the forecast period. Moreover, glycerol diacetate market is also driven by the favorable government policies regarding the use of such synthetic compounds in the food products. The glycerol diacetate market is driven by various other factors such as increase in demand for ready-to-eat products.

Global Glycerol diacetate: Segment Overview

Glycerol diacetate is the ester compound used in wide range of applications and industrial process. By its end use, it is categorized into food industry in which it is used as the diluent and solvent carrier in coloring and flavoring of the synthetic agents. It is also used in pharmaceutical companies, and for cigarette and foundry manufacturing industries.

In foundry manufacturing, it is used for the resins binding. Glycerol diacetin, due to its varied functional uses, is also used in buildings and constructions. Its use extends in paint and ink production.

Based on its applications, glycerol diacetate is used as a solvent for cellulose derivatives, camphor, and resin, as an additive, plasticizer, fixative agent and for paint coating in automotive OEM, transportation and various related applications. Due to its hygroscopic effect, it is also used as a moisturizing agent.

As per the quantitative requirements, glycerol diacetate is packaged into two segments drums and tanks.

Global Glycerol diacetate: Regional Outlook

The global glycerol diacetate market is present in the regions including Japan, Asia Pacific, North America, Middle East and Africa, Latin America, Eastern Europe and Western Europe. Asia Pacific is expected to be the potential market for the glycerol diacetate due to the increasing demand for the pharmaceutical and food industry in India and China.

Manufacturers focus on increasing their market value share by targeting the Asia, Eastern Europe, Latin America and the Middle East. Growing demand of automotive industry favors the glycerol diacetate market. The North America and Europe provide impetus to the glycerol diacetate market as it is hugely contented with various large scale pharmaceutical and food industries.

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The industrial development and availability of large scale industries in the North America and Europe help to have the significant growth rate regarding consumption and revenue generation. It thus showcases favorable market indicators for the glycerol diacetate market.

Global Glycerol diacetate: Prominent Players

Some of the prominent players are

  • BASF SE
  • Sigma-Aldrich Co. LLC
  • Eastman™ Chemical Company
  • Moellhausen S.p.A.
  • Yixing Sunrise Commerce Co., Ltd
  • Tennants fine chemicals
  • Yixing Tianyuan Chemical Co Ltd
  • Tetrahedron Scientific Inc

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, material and applications.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

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

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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Global Glycerol diacetate: Segmentation

Based on End-Use

  • Food Industry
  • Building and Construction
  • Pharmaceutical Industry
  • Other
  • Foundry
  • Cigarette
  • Paint and Ink Industry

Based on Applications

  • Flavor carrier
  • Moisturizing agent
  • Plasticizer
  • Solvent
  • Resin
  • Camphor
  • Cellulose derivative
  • Fixative
  • Additive
  • Coating

Based on Packaging type,

  • Drums
  • Tanks

About 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

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Pet Apparel Market will reach valuation of US$ 5.1 Bn by 2022 and is expected to grow at CAGR ~5.0% for 2022–2032

The market for pet clothing market is anticipated to reach a value of $7 Bn by 2032, with sales increasing at a CAGR of 5% throughout that time.

The growing trend of pet humanization across the globe is anticipated to boost market growth. Sales in the market are being driven by the introduction of upscale pet clothing created through partnerships with well-known fashion brands like H&M and Ralph Lauren.

The prevalence of pet fashion influencers, small pet apparel firms, and improvements in product design are also contributing to the industry’s rising trajectory. For instance, Boobie Billie, the fashionable Instagram dog, just unveiled a high-end clothing line. Recently, Dsquared2 and Poldo Canine Couture worked together to create a comprehensive line of dog apparel and accessories.

Demand for pet gear is anticipated to increase due to the existence of non-profit groups devoted to animal welfare. The market will grow as a result of demand from animal shelters, animal protection groups, and communities that are worried about stray animals.

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Key Takeaways:

  • Based on product type, sales of shirts & tops will increase at a considerable pace over the forecast period.
  • In terms of pet types, the dog segment is anticipated to remain most lucrative through 2032.
  • By sales channel, demand for pet apparel across online retail channels will continue rising.
  • The U.S. Will dominate the North America pet apparel market over the forecast period, with sales growing at a 4% CAGR through 2032.
  • Demand in the India pet apparel market is expected to increase at a 5% CAGR over the assessment period.

Competition Landscape

Leading manufacturers of pet apparels are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.

Key players operating in the global pet apparels market include Pet Factory Company, ABO Gear, Body Glove Pet, Good2Go, Hip Doggie, Moshiqa, Petstock, Hunter International GmbH, Insect Shield, MILK&PEPPER, and Bedhead Pajamas Inc.

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Global Pet Apparel Market by Category

By Product Type:

  • Coats
  • Jackets
  • Shirts & Tops
  • Sweaters & Hoodies
  • Others

By Material Type:

  • Cotton
  • Polyester
  • Lenin
  • Others

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By Pet Type:

  • Dogs
  • Cats
  • Others

By Sales Channel:

  • Supermarket/Hypermarkets
  • Wholesalers/Distributors
  • Direct sales
  • Pet Specialty Stores
  • Online Retailers
  • Other Sales Channel

By Region:

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

Have a Look at Related Research Reports of Retail and Consumer Product Domain:

Nutricosmetics Market: As per newly released data by Future Market Insights (FMI), the Nutricosmetics market is estimated at USD 6.43 billion in 2022 and is projected to reach USD 12.15 billion by 2030, at a CAGR of 8.28% from 2022 to 2030.

Pet Care Market: The global pet care market is set to enjoy a valuation of US$ 199 Bn in 2022, and further expand at a high CAGR of 6.1% to reach US$ 338.5 Bn by the year 2031.

Antimicrobial Wipes Market: The global antimicrobial wipes market size is currently valued at around US$ 9 Bn and is anticipated to progress at a high CAGR of 11% through 2032.

Horse Riding Equipment Market: Horse riding equipment spending increased three fold in past five years, says FMI in a recently published report on horse riding equipment market

About Future Market Insights (FMI)

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

Contact:

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Report: https://www.futuremarketinsights.com/reports/pet-apparel-market
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