Tape Measure Market Is Set To Witness With A CAGR Of Around 4.5-5.0% By 2031 | FMI

The tape measure market is set to witness steady growth during 2021-2031, with a CAGR of around 4.5-5.0%. A tape measure is a portable device used to measure the size of an object up to 10m or more. The scale is a flexible strip composed of steel or carbon steel.

The growing and expanding construction industry globally is likely to keep the sales of tape measures running. Moreover, other sectors such as woodworking and furniture designing are estimated to drive the market.

What is Driving Demand for Tape Measure Market?

Evolving end-user demand for compact size and lightweight and innovation in the design of a tape measure that improves the convenience of daily carrying are driving the demand for a tape measure.

Moreover, with the help of innovation in machinery, tape measures have become a very simple device to operate. Additionally, the growing packaging industry and its applications continue to be a lucrative avenue for tape measure manufacturers.

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The growing interest of customers, especially the women, who are more likely to get their designer clothes and dresses stitched, instead of purchasing ready-made ones are projected to grow the demand for tape measures in the clothing industry.

However, the outspread of the COVID-19 had severely impacted the working of industries as the regional government had implemented strict regulations thus, shutting down everyday activities. Moreover, the decline in the sale of the construction industry had majorly impacted the tape measure market, thus, negatively impacting the growth.

Growing Demand for Convenient and Reliable Products in the Growing Construction Industry

The rapid urbanization has resulted drastically to fuel the pace of the construction industry thus, is followed by the growing demand for innovative, convenient, and reliable products. The addition of a self-locking feature in tape measures with the help of a hook allows easy and simplified measurement, and the retractable design is very convenient to use.

In addition, the rolling unit of the tape measure is a hard shell that makes the tape measure highly resistant to knocking and falling. Moreover, the finely polished surface of the steel strip is very safe for the user’s hand. The steel scale consists of groovings and paint sprayings that help users to measure accurate and clear reading.

At present, innovation is a key factor that helps the demand for a product or service to grow. In the case of tape measures, manufactures are investing in the R&D facilities to innovate the product such as the introduction of an electronic LCD that reads the length of the object measured. Such innovation helps users record accurate observations and reduce the chances of making an error to a minimum.

U.S. and Canada Tape Measure Market Outlook

North America is one of the largest markets for tape measure globally due to the growing interest of individuals in interior designing in residential sectors. In addition, the supporting government intends to invest in the development of infrastructure that is likely to fuel the demand for tape measures.

Demand for tape measures in U.S. and Canada will be led by the construction sector. The US construction sector faces a challenging year, however, the change in the mortgage rates tends to help recover the industry by early 2022. The momentum is likely to hold ground, which will provide an impetus to a range of construction materials, including tape measures.

Europe Demand Outlook for Tape Measure

The evolving mindset of players and manufacturers in various industries in Europe and the significant growth in the number of manufacturing industries has changed the outlook of the European market for all products and services, therefore, creating new growth opportunities for all including the tape measure industry.

Moreover, the rise in the adoption rate of the internet and smartphones are likely to help the tape measure industry to grow with the help of online retailers that have a huge market and customer base. Additionally, online retailers provide additional warranties and various offers that are highly attractive to customers thus, creating a new growth opportunity for the tape measures industry.

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Who are the Key Manufacturers and Suppliers of Tape Measure?

Some of the leading manufacturers and suppliers of tape measures include

  • Stanley Black & Decker
  • Komelon
  • Kutir
  • Techtronic Industries
  • Apex Tool Group
  • AdirPro
  • and Tajima Tool Corporation among others.

Key Segments

By Product Type:

  • Cloth Tape
  • Metallic (Steel) Tape

By Length:

  • Less than 5m
  • 5m – 10m
  • More than 10m

By Price Range:

  • Less than US$ 15
  • US$ 15 – US$ 25
  • More than US$ 25

By End Use Industry:

  • Construction
  • Architecture & Interior Designing
  • Woodworking Indsutry
  • Clothing Indsutry
  • Others( Landscaping, Surveying, Commercial Industry etc.)

By Sales Channel:

  • Wholesalers/ Distributors
  • Supermarkets/ Hypermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Others

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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

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Small Paint Pail Market is set to witness a CAGR of 5.0% by 2031 | FMI

The small paint pail market is set to witness a CAGR of 5.0% during 2021-2031. The initial do-it-better tool, the small paint pail, was created for efficient painting.

The small paint pail, which is designed for both pros and DIY painters, has revolutionary features that make it easy to use, clean, and store.

What is Driving Demand for Small Paint Pail?

The paint pail features such as the curved section is designed to fit the hand, while the flat side is designed to fit the brush. A powerful magnet molded onto the inside of the cup mysteriously holds the brush up and out of the paint, which is a very creative feature of the pail (and catches any drips).

It’s simple to clean up – simply throw away the used vacuum-formed liner (and slip in a fresh one for next time). Such factors are expected to drive the demand for the product.

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Trends in Small Paint Pail Likely to Augment Sales

Players in the market are focusing their efforts on creating more convenient and portable paint pails that can be transported anyplace. In addition, its long-lasting construction can withstand years of use with any paint or stain.

For example, the HANDy 32-fl oz Paint Pail has a magnetic brush holder, an adjustable strap that makes it pleasant to carry, is solvent-resistant, has a brush scraper, and can be used with any paint or stain. Such offerings are expected to boost the sales.

Impact of Covid- 19 on Small Paint Pail Market

The outbreak of Coronavirus illness (COVID-19) in 2020 posed a significant challenge to paint pail manufacturers, as trade restrictions disrupted supply chains and demand decreased due to global government shutdowns.

National government efforts to halt the spread have resulted in a decline in economic activity, with some nations declaring a state of emergency, and the pandemic is expected to damage businesses well into 2020 and 2021. The small paint pail market, on the other hand, is expected to bounce back throughout the forecast period.

US and Canada Small Paint Pail Market Outlook

COVID-19 had a negative impact on the market in 2020. A disrupted global supply chain, as well as lower demand from a range of end-user industries, including the construction industry. Additionally, because paint pails are portable, the do-it-yourself movement is growing, encouraging people to purchase small paint pails.

Even amid the pandemic, the majority of people are upgrading their homes, allowing the players to earn more money. As a result of rising consumer interest in home renovations in the United States, demand for small paint pails is expected to increase in the region.

Europe Demand Outlook for Small Paint Pail

The growing construction and infrastructure spending, as well as the increased use of exterior paints, are driving the small paint pail business in the region. Besides this, the increasing demand for wall decor by consumers is acting as the catalyst for the growth of the market. Because of their strong structure and impact resistance, paint pails are extremely effective for keeping and transporting various types of paints. Furthermore, they are more durable than their competitors.

During the forecast period, the demand for paint pails is predicted to increase due to expanding population, rising disposable income, and improving people’s living standards. To improve the aesthetic appeal of buildings, a variety of paints are being used.

In comparison to its rivals, consumers prefer compact paint pails. The rise of small paint pail manufacturers is being aided by rising demand for paints in numerous industries such as automotive, general industry, marine, and furniture.

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Who are the Key Manufacturers and Suppliers of Small Paint Pail?

Some of the leading manufacturers/suppliers include

  • Yixing Desheng Metal Package Products Co. Ltd.
  • Wuxi Huatai Co. Ltd
  • SLJ UDYOG
  • AK PLASTOMET
  • The Wooster Brush Company
  • Handy Paint Products
  • Hyde Store  and among others.

Key Segments

By Material:

  • Polypropylene
  • Plastic
  • Metal

By End Use:

  • Residential
  • Commercial
  • Industrial

By Item Weight:

  • 4.8 ounces
  • 3.06 ounces
  • 15.2 ounces

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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

Contact:

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Sander Market is set to Witness a CAGR of 5.9% by the end of 2031 | FMI

Sander market is set to witness steady growth during 2021-2031. Rapid expansion of industrial and commercial application of sanders in recent years has positively influenced global market trends, owing to economic improvement in both developed and developing economies.

As a result, the sander market is set to witness a CAGR of 5.1%-5.9%.

What is Driving Demand for Sander Market?

The key factors driving the demand for sanders includes rapid urbanization, rising popularity of interior home décor and increase in the income of the people. Rapid growth of the furnishing industry is likely to work in the favor of the global sander market.

Further, the growing power tool adoption, rising automotive sales production, rising demand for fastening tools in industrial environments, and rising construction industry are some of the major factors driving the sander market forward. Further, the rapidly growing power tool industry is expected to drive the sander market over the forecast period.

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However, the breakout of the novel coronavirus at the start of 2020 altered the market’s fundamental dynamics. Product sales fell in the first months of 2020 due to temporary production halts in the manufacturing and construction industry and a slowdown in the logistics sector and .

Stay-at-home rules were being enforced in an attempt to reduce the virus’s spread in the community and it correspondingly reduced remodeling and renovation activity, which impacted the growth of the sander market.

Shift to E-commerce Platform will Complement the Sales of Sander Market

In recent years, prominent manufacturers and suppliers are shifting from retail stores to E-commerce websites. Thus, selling their products on various e-commerce platform, in order to cater to a worldwide base of customers. Boom in e-commerce has created immense opportunities for manufacturers and suppliers of sanders. Promotion of sanders through various online channels is estimated to offer lucrative opportunities to the sanders market in the next few years.

US and Canada Sander Market Outlook

North America led the global sander market in the year 2020 and expected to maintain its dominance in terms of both manufacturing and consumption during the forecast period.

High adoption rate of power tools in small and medium scale workshops and growing wood industry is expected to drive the demand for sander in the region.

Europe Demand Outlook for Sander Market

The demand for sander in the European market is estimated to grow significantly in the upcoming years. The growth of the wood processing industry, construction and automotive industry in the region is anticipated to positively influence the demand for sanders in the forthcoming years.

Moreover, frequent use of sanders in repair and maintenance of building and houses made of woods in the region is expected to augment the demand for sanders in the region.

Who are the Key Manufacturers of Sander Market?

Some of the leading manufacturers of sander market include

  • Bosch Power Tools
  • 3M
  • Dewalt
  • Ingersoll Rand
  • Hutchins Manufacturing
  • Festool
  • Black & Decker
  • Ridge Tool Company
  • Metabo
  • Dynorbital among others.

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Key Segments

By Product Type:

  • Orbital Sander
  • Belt Sander
  • Others

By Application:

  • Residential
  • Industrial
  • Commercial

By Sales Channel:

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Online Retailers
  • Direct Sales
  • Other Sales Channel

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries:
sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Dog Float Market is set to witness a CAGR of 3.0% by the end of 2031 | FMI

The dog float market is set to witness a CAGR of 3.0% during 2021-2031. The dog float are made specifically for pets such as dogs and cats to allow them to enjoy the water alongside their owners.

What is Driving Demand for Dog Float?

The global pet accessories industry is expected to grow due to a number of factors. The rising popularity of pet adoption is driving up demand for pet accessories like dog float. Having a dog as a pet brings a lot of love and affection, as well as health benefits. Dogs are frequently used to alleviate loneliness in people’s lives. A pet at home encourages people to get out and socialize.

Going for a stroll with a pet, such as a dog, can help with health issues such as blood pressure and cholesterol levels. People consider a companion animal to be their best friend. The close bond that exists between a dog and a human being can frequently aid in the resolution of issues such as depression and other forms of mental stress. It also covers the issue of loneliness in one’s life.

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These advantages of pet adoption have led to a rise in pet adoption rates around the world. Furthermore, when participating in outdoor activities such as swimming, where some dogs are scared of water, a dog float allows them to enjoy the water alongside their guardians.

Trends in Dog Float Likely to Augment Sales

Customization is a popular trend in the dog float industry. In order to entice pet owners, the producers of dog float provide customized dog float. The SwimWays spring float paddle paws dog pool float, for example, is specifically developed for pets. The float is made of a claw-friendly, puncture-resistant plastic with a paw print pattern. This float folds up easily for storage and transit.

Furthermore, the pet floats are offered in various shapes and sizes according to the pets is the on-going trend. For example, the Midlee brand offers inflatable bone shaped dog float which is perfect for small as well large dogs.

Impact of Covid- 19 on Dog Float Market

The COVID-19 outbreak had a negative effect on dog float business. A major issue arose during the pandemic as a result of limits put on a range of activities, including the closure of pet stores and restrictions imposed on swimming pools and beaches where the product is commonly used. Furthermore, as a result of the epidemic’s government limitations and heavy lockdown, the manufacturing process had been suspended due to a manpower shortage.

US and Canada Dog Float Market Outlook

The United States is the most valuable market for dog float in the world. According to the statistics of National Pet Owners in 2019, around 67% of U.S. households owned a pet, among which 63.4 million are dogs owned by majority of the households. Furthermore, physical activities to keep the dogs active is rising. The consumers across the region are willing to pay more for premium products, thus augmenting the dog float market in US.

Furthermore, the manufacturers are concentrating on providing more environmentally friendly items. Pet Expertise, LLC, for example, sells Eco Fly-n-Tug floats, which include an exterior layer made of 100 percent natural, sustainable hemp canvas and an inner layer made of 100 percent eco-felt wool. The product is non-toxic, lead-free, and printed with eco-friendly ink.

Europe Demand Outlook for Dog Float

Consumers in Europe have shown a desire to utilise more environmentally friendly items in order to reduce their environmental effect. This has prompted dog float producers to develop more environmentally friendly floats. Dog float firms are increasingly opting towards sustainability within the pet accessories sector, the notion of sustainability is on the rise. Kai Pet Pool Floats, for example, are unusual beanbag-style pet loungers that keep dogs buoyant above the water while also keeping them cool when soaked. They’re crafted of stain-, mold-, and mildew-resistant Sunbrella® fabric, have a simple drain for removing extra water, and double as outdoor pet beds when your dog gets bored of floating around the pool.

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Who are the Key Manufacturers and Suppliers of Dog Float?

Some of the leading manufacturers and suppliers of dog float include

  • Pet Expertise
  • LLC.
  • Kai Pet Pool Floats
  • Hyper Pet
  • LLC
  • FUNBOY LLC
  • among others.

Key Segments

By Shape:

  • Paw Shaped
  • Bone Shaped
  • Others

By Size:

  • Small
  • Medium
  • Large

By Sales Channel:

  • Wholesalers/Distributors
  • Online Retailers
  • Convenient Stores
  • Multi-Brand Stores
  • Pet Specialty Stores
  • Other Sales Channel

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries:
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Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Canvas Roll Market is set to witness a CAGR of 4.0% the end of the year 2031 | FMI

The canvas roll market is set to witness a CAGR of 4.0% during 2021-2031. A rolled canvas is a painting that has not been stretched and must be stretched oneself. In other words it is  piece of canvas or a canvas print that has not been stretched over a timber frame is known as rolled canvas.

This makes it less prone to damage and allows it to be rolled for storage or transportation. Before it can be shown, rolled canvas must be stretched.

What is Driving Demand for Canvas Roll?

People now have access to a wide variety of canvases on which to display their artwork due to current technologies. Canvases are ideal for artists or anyone who want to display their work or scanned photographs on their walls. When we go to an exhibition, we may hear an oil painting described as rolled or stretched. Furthermore, millennials want their rooms and residences to be more opulent by exhibiting their images on the walls, so home decorations/renovations are on the rise.

Trends in Canvas Roll Likely to Augment Sales

Canvas is a densely woven cloth made from cotton or another fibrous substance. Canvas is the most common raw material used in the production of canvas goods. Canvas fiber processing is comparable to that of lighter textiles, but because of the greater yarn count, spinning and weaving equipment are stronger and heavier, and they spin and weave at slower speeds.

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As a result, the manufacturers are providing high quality material due to rising demand in home décor. For instance, Myoyay brand of canvas roll made of high quality polyester material, 24 in x 98.4 ft 1Roll and Uses standard 2″ Spindles and 100% matte. The surface of the canvas roll has waterproof properties and dries quickly. The excellent material makes our products have excellent stretch resistance.

Impact of Covid- 19 on Canvas Roll Market

The World Health Organization had classified the COVID-19 virus a pandemic (WHO). Museums, art fairs, galleries, and many other art institutions and industry events had been forced to cancel, postpone, or change their 2020 editions or planned programming because to COVID-19 global reach.

Furthermore, the manufacturing and supply chain process were halted due to severe trade restrictions imposed by the government which even resulted in shortage of raw materials, shortage of laborers etc.

US and Canada Canvas Roll Market Outlook

The United States was previously the world’s largest paper producer. The arts are highly valued in the United States. There’s a lot to look forward to in the home renovation industry. Professional contractors can benefit from low borrowing rates, a booming real estate market, and increased demand for home remodels. Certainly, the pandemic had an impact on most businesses in some way, but for many home improvement businesses, 2020 was their best year ever.

Furthermore, because of the work-from-home culture, people are more interested in designing their homes, so demand for canvas roll is expected to rise over the forecast period.

Europe Demand Outlook for Canvas Roll

Owing to enhanced investment on modern interiors by homeowners, as well as increasing urban population, technology advancements, and developing living standard, the market for canvas roll in Europe is expected to grow significantly over the forecast period. In addition, the growing need for new interior designs, rising disposable income, and growing concerns about smart home interior options will all help to drive the canvas roll market in Europe forward.

Who are the Key Manufacturers and Suppliers of Canvas Roll?

Some of the leading suppliers include

  • Cheap Joe’s Art Stuff Inc.
  • Shanghai Beaux-Arts Co.Ltd
  •  Zhengzhou Inry Industry Co.Ltd.
  • Shanghai Janehong New Material Technology Co.Ltd.
  • Canvas on Rolls
  • Big Duck Canvas
  • Great K2 Industry Co. Ltd.
  • Nasco
  • Phoenix Artist Materials Vietnam Co Ltd

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Key Segments

By Product Type:

  • Cotton Canvas Roll
  • Linen Canvas Roll
  • Polyester Canvas Roll

By Activities:

  • Printing
  • Drawing
  • Water-based painting
  • Home crafts
  • Studio arts

By Price Range:

  • Low ($8.99-$14.39)
  • Medium ($42.49-$54.00)
  • High ($287-$875.99)

By Sales Channel:

  • Wholesalers/Distributors
  • Online Retailers
  • Direct Sales
  • Specialty Stores
  • Other Sales Channel

By Region:

  • North America

o    US & Canada

  • Latin America

o    Brazil, Mexico, Others

  • Western Europe

o    EU5

o    Nordics

o    Benelux

  • Eastern Europe
  • Asia Pacific

o    Australia and New Zealand (ANZ)

o    Greater China

o    India

o    ASEAN

o    Rest of Asia Pacific

  • Japan
  • Middle East and Africa

o    GCC Countries

o    Other Middle East

o    North Africa

o    South Africa

o    Other Africa

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries:
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Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Portable Misting fans Market is set to Witness a CAGR of 8.3% by the end of 2031 | FMI

Portable Misting fans market is set to witness a CAGR of 8.3% during 2021-2031.The growing temperature changes has led people to the adoption of misting fans for better environment conditions. As a result, leading market participants are focused on developing more portable mist fans with innovative ideas that are adaptive to the necessary situations.

What is Driving Demand for Portable Misting Fans?

The primary element driving the market internationally is the growing climate changes around the world. Furthermore, the availability of a variety of easy personal safety items from manufacturers is helping the industry in gaining widespread popularity among customers. Manufacturers are likewise concentrating on designing misting fans with multi-functionalities.

Because of their small size and ability to fold, these misting fans are a vital tool for individuals. It can be utilized in a variety of situations, including at work, outside, in a car, and when there is no power. Misting fans are in high demand due to recreational activities such as camping and hunting. People’s desire for comfort and a cleaner atmosphere is expected to drive demand for portable fog fans, propelling the global market in upward projections.

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Another driving aspect is the features such as shockproof system, lightweight, and adjustable length. The ease of use may be a factor driving the popularity of fog fans among the general public, paving the way for a growing market.

Trend of Portable Mist Fans in the Home, Commercial, and Industrial Sectors

During the hottest summer months, mist fans can be used in the home to help reduce electricity consumption. The increased popularity of pool parties and backyard barbecues is driving up demand for mist fans, which provide a pleasant air during hot summer evenings and has correspondingly boosted the demand for portable fog fans.

Mist fans help increase morale, health, and energy levels in commercial and industrial sectors where large numbers of personnel are involved in offering services and producing goods. Increased humidity levels caused by changes in environmental circumstances can be readily dealt with by using mist fans on a regular basis, offering respite to customers during the summer.

Impact of COVID-19 on Portable Misting fans Market

The pandemic has led in significant company losses around the world, posing unprecedented obstacles to the mist fans market growth. Existential crisis have been posed to a number of businesses leading to heavy losses and disruptions in operations and manufacturing

Economic shocks in the logistics and supply chain have wreaked havoc on global labor and employment, limiting the expansion of the portable fog fans market. The shortage of raw materials and other facilities is preventing portable mist fans manufacturers from making a profit, resulting in a significant loss and limiting the market’s growth.

US and Canada Portable Misting fans Market Outlook

The global market for mist fans is dominated by North America. The market in North America is expected to grow rapidly due to an increase in the variety of portable and easy-to-transport mist fans, high end-use in industrial sectors, a growing number of manufacturers in the region, and the availability of high-pressure mist fans that can drastically lower temperatures in the United States and Canada.

Furthermore, rising preference of local population for recreational and outdoor activities is leading them to the adoption of portable fog fans in the region and is anticipated to remain a prominent region for the overall growth of the market.

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Europe Demand Outlook for Portable Misting fans

The market for mist fans in Europe is expected to increase at a rapid pace. Due to increase in number of shopping complexes, changing temperature, growing e-commerce sector, and rise in outdoor activities in Germany, Spain, France, and Italy.

The rise in working population in the region has resulted in increased sales of comfort accessories such as portable mist fans and other similar items in Europe. In addition, the penetration of high numbers of manufacturers in Europe across the area is driving demand for small portable fans.

Who are the Key Manufacturers and Suppliers of Portable Misting fans?

Some of the leading manufacturers and suppliers of portable misting fans include

  • ewAir
  • Lasko Products
  • LLC
  • Usha International Ltd.
  • Bigfogg
  • and among others.

Key Segments

By Product Type:

  • High pressure misting fans
  • Mid pressure misting fans
  • Low pressure misting fans

By End Use Sector:

  • Residential
  • Commercial

By Price Range:

  • Low
  • Medium
  • High

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By Sales Channel:

  • Supermarket/Hypermarket
  • Specialty Stores
  • Wholesalers/Distributors
  • Online Retailers
  • Convenient Stores
  • Multi-Brand Stores
  • Others

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Oil Colors Market is set to witness Steady Growth with a CAGR of over 4.5% by 2031 | FMI

Oil Colors MarketAccording to the latest research, sales of oil colors is set to witness steady growth with a CAGR of over 4.5% during 2021-2031. Demand for oil colors might witness substantial growth post suffering a drop in demand and sales throughout the COVID-19 pandemic period. Post-pandemic the anticipated growth in the residential sector is expected to see a rise in demand for Oil Colors.

What is Driving Demand for Oil Colors?

Manufacturers are increasingly adopting to the various natural as well as synthetic oil pigments that are used in the oil paints. The boom in furniture industry has been a major contributing factor towards the growth of the market. Use of such oil colors in new automobiles is also on the growth curve and thus, impacting the market growth positively. The characteristics of the oil paints to avoid the corrosion on the metallic surfaces has been one of the greatest achievement in the field of innovation.

One of the key factors driving the worldwide oil paint market’s growth is rising consumer base in the art enthusiast category. The rise of panel painting purely in oils, or oil painting has been a driving factor in this category. Moreover, the market for oil colors is predicted to grow in response to rising customer demand for home decor and stylish wooden and metallic furniture that can be attributed to the color paints on such furniture, correspondingly, acting as a major factor in the market growth.

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Trend of Natural and Organic Colors Likely to Augment Sales

Various governments around the world have regulated the use of chemical colors that are more harmful to the eyes and skin. Moreover, increased cases of harms from such colors to the infants has been a major topic of discussion and in turn, increased awareness and benefits regarding natural and organic colors.

Furthermore, increased demand from parents with infants in their family has been a major contributing factor in the growth of the industry. The growing awareness about the use of natural colors to the people as well as environment is appealing to the customers and a high number of customers are opting for such natural and chemical-free oil colors that also on the other hand provide sense of responsibility towards the environment and ourselves and is a leading to augmented sales of natural oil paints.

Impact of COVID-19 on Oil Colors Market

The coronavirus outbreak has had a significant impact on a wide range of organizations as well as all stages of their supply and value chains. Consumer goods is one of the industries that is now suffering as a result of the pandemic.

Raw material supply is one of the most important sections of the market’s value chain, where key companies and vendors are experiencing issues due to insufficient logistics, traffic control, and public mobility restrictions in affected nation-states around the world, which can cause supply interruptions. As a result of the pandemic, major market participants have had to reassess their contingency plans and risk management.

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US and Canada Oil Colors Market Outlook

The rapidly growing residential sector in regions like North America, as well as customer demand for natural colors in the region, are two major factors driving the use of oil paints. Furthermore, due to environmental concerns, there has been a reasonable demand for organic colors in recent years, and this, together with the rising number of household remodeling projects in the region, has generated a potential market for the competitors.

One of the major trends in the US and Canada region that is attracting customer attention is the shift from classic to contemporary furniture and its finishes. Moreover, the growing need of metallic products has also generated a high volume of sales for the manufacturers in the region. Nippon, for example, offers a wide range of antique oil paints, and its vast line of product portfolio complements the minimalism aesthetic with its finishes.

Europe Demand Outlook for Oil Colors

In the coming years, the European commercial market is expected to be the largest and fastest-growing segment. Many companies are now high and premium quality colors that are specifically built for luxury looks. The growing popularity of home remodeling and, as a result, the use of stylish and smart oil paint combinations is predicted to drive up demand in the market.

The expansion of the metal work category for various everyday utility products has had a positive impact on the regional market. The desire of regional customers for a choice of better quality colors with long-agility has given top brands the opportunity to supply and meet customer demand.

Furthermore, due to the growth of the real estate industry, which has resulted in an increase in the construction of residential and commercial structures, as well as the use of oil colors for various such reasons, the region has gained a lot of traction.

Who are the Key Manufacturers and Suppliers of Oil Colors?

Some of the leading manufacturers and suppliers of oil colors include

  • AkzoNobel
  • Nippon
  • PPG
  • Asian Paints
  • Berkshire Hathaway
  • Hempel
  • US Paint
  • Blackfriar Paints
  • and Faux Effects among others.

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Key Segments

By Pigment Type:

  • White Oxides
  • Ochre
  • Sienna
  • Other

By Origin:

  • Natural
  • Synthetic

By Type:

  • Organic
  • Inorganic

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries:
sales@futuremarketinsights.com
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Fragrance Diffuser Market Forecast to Grow at a CAGR of 7.08% through 2022 to 2032 | FMI

Global Fragrance Diffuser Market : Global Fragrance Diffuser demand is projected to be valued at nearly US$ 27.75 Billion in 2022, forecast to grow at a CAGR of 7.08% to be valued at approx. US$ 55 Billion from 2022 to 2032.

The fragrance diffuser disperses natural oils into the air and also contains various health-beneficial essential ingredients. Essential oils used in perfumes and fragrances such as lavender, citrus, ginger, and peppermint oils improve health, relaxation, sleep, and alter the mood.

According to various scientific studies, it is stated that essential oils can interact with the brain and the nervous system to impact health and mood. Thus, one of the easiest ways to achieve benefits associated with essential oils is through aromatherapy.

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Which are Some Prominent Drivers Spearheading Fragrance Diffuser Market Growth?

Due to the upsurged emphasis on health, the demand for natural fragrances among consumers is increasing incessantly, thereby expanding the fragrance industry.  The growing demand for luxury home fragrances, the rise in the need for alternatives to allopathic drugs worldwide are among the prominent factors influencing the growth of the fragrance diffuser market shortly.

Additionally, growing consumption of fragrances to reduce stress and stimulate the mind along with increasing adoption of fragrance diffusers with silent ultrasonic technology are some other factors fueling the growth of the fragrance diffuser market during the forecast period.

Moreover, a rapid rise in popularity of aromatherapy for medical purpose, growing consumption of essential oil such as lavender oil helps in curing migraine problems, and rosemary oil help in improving concentration levels attributed to the growth of the global fragrance diffuser market. Also, the growing product premiumization trend and demand for unique designed fragrance diffuser is expected to increase the fragrance diffuser market during the forecast period.

What are the Challenges Faced by the Fragrance Diffuser Industry?

The rising cases of lung issues or other health complications such as Asthma, Chronic Obstructive Pulmonary Disease, Pneumonia, and others have resulted in an allergic reaction and an undesirable impact on their health. This is proving to be one of the key restraining factors for the fragrance diffuser market.

Why is Asia-Pacific Emerging as an Opportunistic Fragrance Diffuser Market?

Based on regional growth, the Asia Pacific region captures a leading share in the global fragrance diffuser market. Owing to escalating usage of fragrances during festivals like Diwali in India and other parts of the region, the demand for fragrance diffusers in residential and commercial spaces is likely to increase in the forthcoming future. Additionally, the presence of domestic brands such as Nyassa, Lalique, Soohyang, and others are generating more traction among consumers in the region.

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How is Europe Contributing to the Growth of the Fragrance Diffuser Market?

Europe is expected to witness rapid growth supported by the collective spending on home care and maintenance products, including fragrances for homes. Moreover, the custom of lighting candles as part of the tradition in several countries is likely to soar the demand for these fragrances. In terms of regional contribution to the sales revenue, Denmark & Germany collectively hold a share of 43% in the fragrance diffuser market.

Why does North America Hold a Significant Share in the Fragrance Diffuser Market?

As per the latest report published by International SPA Association (ISPA), the industry is likely to experience stable growth with upsurges in overall revenue, locations, number of spa visits, and revenue per visit in the United States. The growth in the number of spa stores being launched across several countries including the United States, coupled with an escalation in the number of spa visits, is one of the crucial driving aspects for sales of aromatherapy diffusers in spa centers in the country.

Market Competition

Some of the key participants present in the global demand of Fragrance Diffuser market include Ripple Fragrances Company, Ellia USA Company, Reckitt Benckiser Group PLC, ArOmis Company, SpaRoom Company, doTERRA International, NEST Fragrances Corporation, GreenAir Inc., Artnaturals Company, Organic Aromas, Young Living Essential Oils, and other players.

In Feb 2022, Reckitt Benckiser Group plc (“Reckitt”), maker of Lysol and Dettol, and Diversey Holdings, Ltd., a leader in the development and delivery of hygiene, infection prevention, and cleaning solutions announced a distribution collaboration that will expand businesses’ access to trusted hygiene solutions that help protect staff, clients, and customers from the spread of illness-causing germs.

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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.

Contact:

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T: +1-845-579-5705
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Food Hydrocolloids Market Summary, Value Structure Analysis, Growth Opportunities And Forecast To 2032

The global food hydrocolloids market is set to witness growth at a CAGR of 5.2% and is anticipated to reach a valuation of around US$ 14.5 Bn by 2032. 

Food hydrocolloids are extensively used in the food processing sector owing to their functional qualities and utilization as thickeners, gelling agents, and stabilizing agents. Moreover, the use of hydrocolloids has increased significantly in response to rising demand for ready-to-eat food products. This is expected to bode well for the growth in the food hydrocolloids market. 

Further, increasing preference for convenience and ready-to-eat food products will propel the demand in the market. Furthermore, technological advancements and advanced packaging solutions has led to extensive food choices such as chilled, frozen and packaged meals. 

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Key Takeaways from Market Study 

  • The global food hydrocolloids market is anticipated to reach a valuation of around US$ 8.7 Bn by 2022
  • Based on application, the bakery and confectionery segment is anticipated to account for a significant market share over the forecast period.
  • East Asia food hydrocolloids market is expected to witness a lucrative growth rate of 5.0% during the forecast period.
  • Animal source of food hydrocolloids to remain a prominent source in the coming years
  • Europe is expected to emerge as a significant market for food hydrocolloids market in the forecast period

“Food hydrocolloids is extensively being used as a replacement for functional food ingredients and in confectionary food products as emulsifier. This is expected to boost sales notably over the forecast period,” says a Future Market Insights analyst. 

Competitive Landscape 

Prominent food hydrocolloids players are broadening their footprint by launching new products and forging strategic partnerships by investing heavily on market expansion and increasing production capabilities.  

Cargill, Incorporated announced the launch of its new, state of the art pectin production facility in Bebedouro, Brazil, in September 2021. The plant, which cost US$ 150 million to build, boosts the company’s ability to fulfil expanding global demand for the texturizing ingredient. It will manufacture Cargill, Incorporated’s HM pectins in their entirety, considerably increasing the company’s pectin production and expanding supply in Latin America and Europe 

W Hydrocolloids, a global supplier of carrageenan, launched two new products in July 2021 by the name Ricogel 88150 and Ricogel 84668 for application in yogurts, marmalade and plant based burgers respectively 

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Future Market Insights, in its new report, offers an impartial analysis of the global food hydrocolloids market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032. 

Food Hydrocolloids Market by Category 

By Type: 

  • Gelatin 
  • Carrageenan 
  • Xanthan Gum 
  • Alginates 
  • Agar 
  • Pectin 
  • Gum Arabic 
  • Locust Bean Gum 
  • Other Types 

By Application: 

  • Bakery and Confectionery 
  • Meat and Poultry Products 
  • Beverages 
  • Dairy Products 
  • Sauces and Dressing 
  • Other Applications 

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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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Margarine Market 2022 | Latest Trends, Demand, Growth, Opportunities and Outlook Till 2032

The margarine market share is expected to witness growth at a CAGR of 4.9% and reach a valuation of USD 53.7 Billion by 2032.  Vegan margarine is sourced from vegetable oils like palm, soybean and is available in variants like low-fat, low calorie and low cholesterol as a result demand for this product is expected to rise shortly. 

As consumers adopted healthy lifestyle and decide to cut down extra calories from their daily food they are increasingly preferring low-fat spread that is way healthy than traditional butter. Such trends have boosted the plat-based products and margarine market trends as well. 

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Margarine market key players are also emphasizing packaging and labelling as consumers analyze ingredients before purchasing products. Brands that are transparent about the components in the product are expected to gain consumer preference and strengthen the margarine market key trends and opportunities in the coming days. 

Due to availability of raw material sales of margarine is getting profitable for the producers. This price benefit is passed down to consumers, as a result, a surge in demand for margarine products due to its affordability is predicted for during the forecast years. 

Asia Pacific market is expected to be a promising market for margarine market players due to rising awareness about inclusion of nutritious food products and investments in research and developmental activities by the regional players. 

Key Takeaways from Market Study 

  • The margarine market is expected to increase at CAGRs of 4.7% and 5% in North America and the Europe, respectively, through 2032.
  • Market share of Latin America and Oceania is 5.1% and 4.9%, respectively, in 2022.
  • The European margarine market is expected to reach US$ 4.2 Billion by the year 2032.
  • Growing customer preference for healthy and plant-based nourishing food products to drive the sales of margarine across global markets.
  • By form, plant-based margarine is expected to hold 60% of the global margarine market share and is expected to increase at a CAGR of 4.9%.

 “Manufacturers of margarine are expected to gain significant market share as consumer behaviour shifts towards plant-based, sugar-free products that are beneficial for health, key brands are focusing on developing new flavours and product variants to stand out in the competition” says a Future Market Insights analyst. 

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Competitive Landscape 

Name of some of the margarine market major players profiled in the margarine market survey report includes Land O’ Lakes, Earth Balance, Imperial, Bluebonnet, Country Crock, I Can’t Believe It’s Not Butter, and Smart Balance Parkay among others 

Key manufacturers of margarine are majorly focusing on research & development to offer different flavours of products ranging customization is expected to contribute maximum revenue generation through sale of margarine.  

Change Foods revealed two strategic contracts: one with Upfield, the plant-based butter company that owns Violife, and the other with Sigma, the international yoghurt and Cheese Company. These collaborations are expected to help speed up product development and expand animal-free cheese manufacturing and distribution capabilities.  

Explore More Valuable Insights  

Future Market Insights, in its new report, offers an impartial analysis of the global margarine market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032. 

Margarine Market by Category 

By Source, Margarine Market is Segmented as: 

  • Animal -Based 
  • Plant-Based 

By Form, Margarine Market is Segmented as: 

  • Sticks 
  • Liquid 
  • Tubs 
  • Cubes 

By Sales Channel, Margarine Market is Segmented as: 

  • Offline Sales Channel 
  • Supermarkets/Hypermarkets 
  • Departmental Stores 
  • Convenience Store 
  • Other Sales Channel 
  • Online Sales Channel 
  • Company Website 
  • E-commerce Platform 

By Region, Margarine Market is Segmented as: 

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

About Food & Beverage Division at Future Market Insights 

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement. 

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