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Oil And Gas Security and Services Market Segment Analysis, Regional Outlook, Growth Forecast Till 2027 | FMI

Global Oil And Gas Security and Services Market – industry segment analysis, regional outlook, share, growth; oil and gas security and services market forecast 2017 to 2027.

Innovation in technology has revolutionized the way in which the oil and gas industry operates. Dependence on technology and web-based communication has increased the need for cyber security in the oil and gas sector. Oil and gas security and services deals with physical and network security across both, offshore and onshore operations.

Services are provided across remote reservoirs as well as during the production and further processing of oil. Monitoring services have enabled the detection of problems, such as pipeline issues and have helped in achieving solutions in a shorter span of time. They has also helped in the timely detection of disasters and have reduced maintenance cost.

Increasing government regulations and development of policies and framework ensuring the protection and security of oil and gas systems has led to growth of the oil and gas security and services market. Thus, the oil and gas security and services market is expected to show moderate growth over the forecast period.

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Oil and Gas Security and Services Market: Dynamics

Oil and gas security and services market: Drivers

The oil and gas security and services market is driven by increasing government regulations to ensure security in all stages of oil and gas exploration, processing, transportation and storage. Governments have crafted numerous cyber security strategies and developed related policies and framework to ensure optimum security in the oil and gas sector. This has led to growth of the global oil and gas security and services market.

Oil and gas security and services market: Restraints

Lack of awareness about latest oil and gas security and services offerings, especially among the developing regions of Asia Pacific and the Middle East and Africa is a major factor restraining growth of the market.

High operational cost is another major factor restraining growth of the market.

Oil and gas security and services market: Trends

Remote sensing and monitoring is the latest trend in the global oil and gas security and services market. Pipeline monitoring, which includes blasts, leakages, etc. and other services can be carried out from a remote location. Remote monitoring has enabled real-time reservoir management. Remote monitoring is done for both, onshore and offshore applications.

Companies have invested in newer IT infrastructure and solutions to provide optimum security in the oil and gas sector.

Oil and Gas Security and Services Market: Regional Outlook

North America is expected to hold a dominant share in the oil and gas security and services market owing to the adaption of latest technologies and awareness in the region. Asia Pacific is expected to show significant growth in the oil and has security and services market. This can be attributed to the flourishing oil and gas industry in the region, which has led to a surge in the demand for oil and gas security and services.

The Middle East and Africa region is also expected to be a lucrative market for oil and gas security and services due to the increasing number of cyber-attacks in the region.

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Oil and Gas Security and Services : Market Participants

Examples of some of the market participants identified across the value chain in the global oil and gas security and services market are:

General Electric, Intel Corporation, ABB, Siemens AG, Honeywell International Inc., Cisco Systems Inc., Symantec Corporation, Lockheed Martin Corporation, Thales Group, Johnson Controls, Microsoft Corporation, Parsons 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 geographies, application, and industry.

Regional analysis includes

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

Oil and Gas Security and Services Market: Segmentation

The global oil and gas security and services market can be segmented on the basis of application, type and region.

On the basis of application, the global oil and gas security and services market can be segmented into:

Exploration and Drilling
Processing and Storage
Transportation, Pipeline and Distribution

On the basis of security type, the global oil and gas security and services market can be segmented into:

Physical Security
Network security/Cyber Security

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About Future Market Insights (FMI)

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

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Shale Oil Market North America Industry Segment Analysis, Regional Outlook, Share, Growth Analysis by 2026 | FMI

Global Shale Oil Market Oil shale contains organic matter which is converted into synthetic oil by pyrolysis and hydrogenation or thermal dissolution. U.S. have the largest proved shale oil reserve followed by Russia. Despite of high production cost and low market price of oil, shale oil market accounted for more than 50% of total oil market in the U.S. in 2015. U.S. is the largest consumer and a major importer of oil.

Presently, around 35% of total US energy demands are fulfilled by petroleum products. In the U.S. from Jan 2016- July 2016, total imports of crude oil have increased significantly. To fulfill its growing energy demand, the U.S. is majorly dependent on Canada and OPEC. Canada’s energy demand have been constant but production has increased to meet US oil consumption.

In Nov 2014, OPEC reduced its oil prices and increased its production to discourage shale oil manufacturers of world, this resulted production freeze among shale producers. This caused a major setback for world shale oil market. This also drastically increased the number of drilled out uncompleted wells (DUCs).

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These reasons forced American oil companies to become innovative and efficient. Now, Oil companies are cutting their production cost, deploying efficient oil rigs and increasing their production. Since July 2016, there has been 20% increase in oil rig counts. Oil producers have also increased their exports to India. These trends are declaring the redemption of U.S. shale oil. Shale oil market is expected to gain momentum from mid-2017.

Reserves: U.S. have significant proved shale oil reserves. Since 2010, there have been a regular increase in proved oil reserves. Presently the largest proved recoverable shale formation is the Monterey play in southern California (USA). The next largest recoverable shale oil plays are in Eagle Ford and Bakken.

Green River Formation in Colorado, Wyoming, and Utah, are among the biggest oil shale deposits in the world. But these deposits are not economically recoverable with current technology. In Canada, Bakken (stretches across southern Saskatchewan to Manitoba) and Cardium formation in Alberta are two shale oil plays.

North America shale oil market: Drivers

Energy requirement for U.S. in increasing and new environmental reforms are limiting the use of coal as an energy source. This has increased energy dependency on petroleum and natural gas. In 2015, there was about 3% rise in energy fulfilled by petroleum based products in USA. Efficient working of shale oil producers and growing world energy demand are major drivers for shale oil market.

Moreover U.S. oil imports are causing cash flow towards Middle East. Government are developing reforms to help shale oil and gas producers within the region. Technological advancements in drilling techniques are increasing the number of recoverable oil reserves.

North America shale oil market: Restraints

OPEC is over supplying the oil market and keeping its price low. OPEC produces oil for about $10 per barrel whereas shale oil costs around $25 a barrel. This has caused many smaller shale oil producers to cut down productions. This has created intense price pressure in the international market.

North America shale oil market: Key Players

U.S.

Apache Corporation, Chevron Corporation, ConocoPhillips Co, Continental Resources Inc, Hess Corporation, Koch Industries Inc, Linn Energy, LLC, Marathon Oil Corporation, Murphy Oil Corporation, Newfield Exploration Company, Occidental Petroleum Corporation (Oxy), Pioneer Natural Resources Company, Range Resources Corporation, Shell Oil Company, SM Energy Company, Whiting Petroleum Corporation, WPX Energy, Inc., Denbury Resources Inc, EOG Resources, Devon Energy, ExxonMobil, Chesapeake, Energy, EQT

Canada

Husky Energy Inc., Imperial Oil Limited, Pacific Exploration and Production, Suncor Energy, Canadian Natural Resources Limited, Syncrude, Cenovus

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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. and Canada)

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 factors on the market segments and geographies.

North America shale oil market: Segmentation

Market segmentation based on oil producing major shale play-

U.S. of America
Bakken
Eagle Ford
Marcellus
Permian
Utica
Haynesville

Market segmentation based on method of extraction used-

Surface method(Ex-situ or conventional method)
Open pit mining
Underground mining
In-situ method
Vertical drilling and retorting
Horizontal drilling and retorting

Market segmentation on the based on application industries

Residential sector
Commercial sector
Industrial sector
Transportation sector

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On Purpose Technologies (Impact of Shale Gas) Market With the Increase in Shale Gas E&P Activities Across the Globe, Leading with North America by 2025 | FMI

Global On Purpose Technologies (Impact of Shale Gas) Market With the increase in Shale gas E&P activities across the globe, leading with North America, Europe, Argentina and now China the global chemical/petrochemical industry downstream is expected to witness a critical make over due to the supply shortages in various chemical feedstock.

Ethylene, propylene, butadiene and benzene are the four building blocks of various chemicals or petrochemicals produced downstream for consumption by end use industries.

Shale Gas is an unconventional, un-associated gas which contains 75-90% Methane, 15-5% Ethane and the rest C3’s and heavier hydrocarbons. With lower percentage of heavier hydrocarbons the supply of propylene, butadiene and benzene are expected to decline with respect to Ethylene supply.

Excess of Shale production has resulted into an increasing preference for ethane cracking compared to Naphtha cracking, which would result in a supply shortage for C3’s and above. The result would be lower availability of propylene and other basic chemicals. In order to ensure optimum supply, on purpose technologies are being built in North America and Asia Pacific.

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On purpose technologies include CTL/CTO (Coal to Liquids/Olefins), MTO/MTP (methanol to olefins/propylene), PDH (propane dehydrogenation) and Metathesis. Use of Coal to produce synthetic fuels and petrochemicals has been present for more than 50 years with Germany utilizing this technology to provide fuel for its units during the 2nd World War.

The technology was not utilized due to its high operational cost and lower market feasibility with adequate Crude oil supplies. But the decrease in the use of Crude Oil due to environmental concern opened up opportunities for Coal to be used as a feedstock for production of petrochemicals and synthetic fuels.

With the increasing production of Shale Gas the demand for ethane cracking has increased hence resulting in a lower yield of propylene. Propane de-hydrogenation operation unlike other operations provides a higher yield of Propylene (82%) ensuring a stable supply for the production of Polypropylene.

North America with its expected increase in demand for Polypropylene by 2025, has made investments to increase PDH production capacity by 1.8 Mn MT/y.

China has also made investments in PDH operations and has made arrangements with a South Korean trader to supply LPG to its plants. Metathesis which is a technology which was commercialized for the synthesis of higher olefins has also seen traction in the petrochemical industry however, Methanol to Olefin/Propylene technology witnesses a greater growth rate.

China with its anticipated increase in Coal and Natural Gas production is expected to focus on CTO/L operations in the coming years in order to meet its growing demand.

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China has the biggest Natural Gas reserves in the world, however chooses not to utilize it to its potential. PDH operations in the country are anticipated to witness an increasing trend due to future Natural Gas E&P activities.

In India, Tata and Sasol have signed up for a CTL plant in Orissa which is expected to come on stream by 2018. The plant would cost Rs. 90,000 Crores and is expected to provide synthetic fuel and petrochemicals.

On purpose technologies – Impact of Shale Gas : Drivers & Restraints

With the increase in availability of Natural Gas in North America and higher preference to ethane cracking to take advantage of the cheaper Natural gas the availability of Propylene, butadiene and benzene are expected to decline which are quintessential for the production of downstream petrochemicals and other chemicals.

Also, with low Natural Gas prices the technology has become affordable and economical for profitable production of downstream chemicals and petrochemicals.

On purpose technologies – Impact of Shale Gas: Region-wise Outlook

North America is anticipating an increase of 1.8 Mn MT/y of PDH production capacity by end of 2019. China has also started constructing PDH facilities to utilize the feedstock advantage of Coal with CTL plants in China.

India is expected to finish its first CTL plant by end of 2019. In South America, Argentina is expected to start E&P activities from its Shale Gas reservoirs which is expected to provide the region an advantageous feedstock position.

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On purpose technologies – Impact of Shale Gas: Key Players

Some of the major players in the refrigerated display cases are AHT Cooling systems, Epta Spa, Hussman corporation, Nekano refrigerators co. ltd, ISA Italy etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Winter Wear Market is Projected to Grow at a CAGR of Around 5.0% through 2031 | FMI

The global winter wear market is projected to grow at a CAGR of around 5.0% through 2031, surpassing a valuation of US$ 280.0 Bn in 2020. To lessen the volatility of raw material prices, restrain the rise of the market’s volume, and satisfy the rising demand for premium brands, manufacturers are concentrating their efforts on premiumizing their current winter wear brands.

The expansion of the winter clothing industry is primarily attributable to climate change. Many businesses are looking at ground-breaking technology to enhance the quality and efficiency of their products in preparation of warmer winters and record-breaking winter temperatures.

When the temperatures start to drop, sales through retail and online channels are projected to increase. Gap Inc., for example, introduced the “Hill City” menswear brand in 2018 to meet increased demand for premium men’s gear that combines highly technical fabrications, style, and high performance throughout the winter months.

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Nowadays, the younger generations are getting attracted to recreational activities such as hiking, fishing, snow skating and many other winter sports. In order to play or take part in winter sports the consumers are expecting high branded winter wears.

The cold-weather recreation sector in America, according to Climate Central, has a particularly strong stake in warmer winters. For sports ranging from downhill skiing to ice fishing and outdoor ice hockey, low temperatures, plenty of snowfall, or both are required. The US economy earns billions of dollars each year from winter recreational activities. In terms of the country’s cultural legacy, winter sports are also noteworthy.

Furthermore, firms in the winter wear industry are focusing their efforts on increasing the value of their products. For example, in November 2018, Oros Apparel released Solarcore insulation, a space-based insulation that makes one of the warmest winter jackets in the market. The company utilized aerogel material technology, which was initially designed for NASA spacesuits, to make innovative winter wear gear.

Key Takeaways from the Winter Wear Market Study

Players in the market are concentrating on using a variety of marketing methods, including celebrity endorsement, product premiumization, marketing campaigns, events, and developing digital presence to engage with customers directly. The market for winter clothing will probably expand faster in the near future as a result of these factors.
Due to an increase in snow events and winter activities that need body warmth, woollen winter wear goods are predicted to grow at a CAGR of 4%.
According to estimates, the market for winter wear’s jackets and coats accounts for a rather high value share. Throughout the projection period, the category is anticipated to maintain its dominance.
In North America, the U.S. is anticipated to have a significant value share of 83.0%.

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Who is Winning?

Leading manufacturers of winter wear are focused on aggressive promotional strategies and advertisements that have driven sales growth of winter wear globally.

Major players present in the winter wear market are Nike Inc., Aero Group, Fenix Outdoor Group, Wintergreen Northern Wear, Helly Hansen Company, Forever 21, Inc., J.Crew Group, Inc., American Multinational Corporation Gap Inc., Zara SA, Patagonia, Inc., Columbia Sportswear Company, Gap Inc., and VF Corporation among others.

Impact of COVID-19 on the Market

As a result of the covid-19 outbreak, various sectors and locations faced a temporary standstill. The economic downturn impacted both the supply and demand sides of the industry. Apart from that, it had a significant impact on consumer purchasing behaviour, as a significant number of customers shifted from impulsive to thoughtful spending, influencing the winter clothing business to some extent.

The global outbreak of covid-19 ushered in a period of unprecedented trade disruption. Consumers acquired short-term habits that, in some cases, have become permanent as a result of the pandemic. The transition to digital was the most major behavioral change that happened as a result of the epidemic.

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Global Winter Wear Market by Category

By Product Type:

Jackets/Coats
Sweaters/ Cardigans
Scarves, Shawls & Wraps
Sweatshirts & Hoodies
Hats, Caps, & Gloves
Others

By Material Type:

Cotton
Wool
Velvet
Fur
Leather
Others

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By Consumer Orientation:

Men’s Winter Wear
Women’s Winter Wear
Kids Winter Wear

By Size:

Small
Medium
XL
Double XL
Online Retailers
Others Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Mobile Phone Accessories Market is Anticipated to Grow at a CAGR of 6.7% through 2031| FMI

The mobile phone accessories market is anticipated to be worth $86.6 billion in 2021. The market is anticipated to grow at a CAGR of 6.7 percent through 2031 and reach US$ 166 billion.

The United States continues to account for 78 percent of total sales in North America. While China will continue to be the region’s largest market, South Korea and Japan’s demand are anticipated to grow quickly.

According to the report, the key accessories available in the mobile phone accessories market consist of a case for protection, headphones or earphones, a charger, a battery, a memory card, a power bank, a portable speaker, and “others”.

Among these products, demand for protective cases is most robust currently, with this segment accounting for one-fifth of the overall market in 2021. FMI expects demand for protective cases to remain strong during the forecast period 2021-2025.

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Inability of modern-day smartphone batteries to withstand heavy usage has led to robust demand for power banks. Owing to stellar demand, power bank segment is expected to gain 230 BPS during the forecast period, and increase its market share from 10% in 2014 to 12.3% in 2025. Power bank segment is also expected to witness the highest CAGR, growing at 9% between 2015-2025.

The key factors that are driving the global mobile phone accessories market include rising smartphone ownership and mushrooming of multi-brand distributors and retailers.

Smartphone sales are buoyant in emerging economies, such as China, India, Brazil, and Indonesia. Smartphone shipments increased from 1.1 Bn units in 2013 to 1.2 Bn units in 2014. Around 45% of these 1.2 Bn units were shipped to China. FMI expects the rising smartphone ownership to create secondary demand for products that are not usually included in the box, such as power banks and protective cases.

In addition to multination brands, the smartphone segment in emerging nations also includes regional players, such as Xiaomi and Micromax. FMI’s analysis revealed that compared to multinational brands, these local players offer fewer mobile accessories in their offerings in a bid to keep the prices competitive. Owing to this, a majority of consumers buy mobile accessories from the local market or from e-commerce sites. Increase in the sales of smartphones made by local manufacturers is expected to provide an impetus to the mobile phone accessories market during the forecast period.

Mushrooming of multi-brand distributors and retailers has given mobile phone accessory manufacturers the opportunity to target a larger customer base. Furthermore, sales of mobile phone accessories through e-tailers is also contributing to the growth of the market globally. FMI expects both multi-brand stores and e-commerce stores to expand during the forecast period, which in turn, is anticipated to provide an impetus to the global mobile phone accessories market.

Although FMI maintains a positive outlook on the global mobile phone accessories market, few factors can restrain the growth during the forecast period.

Lack of stringent checks on pirated accessories is eating into the revenue share of key stakeholders in the market. Pirated mobile accessories are offered at a fraction of the price of original products, making it difficult for manufacturers to compete with them.

Currently, there exists a lack of standardization in technology and components used for manufacturing mobile accessories. Undefined standards in the market lead to high product and price differentiation, this may hinder growth of the mobile accessories market to some extent.

The key trends analysed by FMI in the global mobile phone accessories market include growing demand in Asia and spate of mergers and acquisitions. Diversification of product portfolio and product advancement are the other major trends in the global mobile phone accessories market.

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Mobile Phone Accessories Market by Category

Product Type

Power Banks
Batteries
Chargers
- Wired
- Wireless
Protective Cases & Covers
Headsets
Portable Speakers
Memory Cards
Data Cables
Mount & Stands
Selfie Stick
Others (Stylus Pen)

Packaging Type

Folding Cartons
Clear View Boxes
Pouches & Bags
Clamshells
Blister Packs
Trays

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Sales Category

By Brands
By 3^rd Parties
By White Labels/No Name Brands

Price Range

Premium
Mid
Low

Sales Channel

Retail Outlets (Multi-Brand Outlets)
Electronic Stores
Franchise Outlets
Exclusive Stores (Branded Stores)
E-Commerce

Region

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

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Hair Bond Multiplier Market is Estimated to Expand at a CAGR of 7.1% by 2027 | FMI

In a new report titled “Hair Bond Multiplier Market: is estimated to expand at a CAGR of 7.1% over the forecast period. Global Industry Analysis and Opportunity Assessment (2017–2027),” Future Market Insights (FMI) delivers key insights on the global hair bond multiplier market and throws light on the various factors boosting revenue growth of the global market. In terms of revenue, the global hair bond multiplier market

Owing to increasing fashion trends, individuals are more inclined towards experimenting with hair styles, modifications and different shades of hair colours. Millennials are showing increasing interest in hair colouring and are following celebrities to have different hair colour shades and hair styles. Hair treatment with chemicals and extensive heat to achieve desired modifications could cause potential harm.

Individuals are becoming more concerned and conscious about hair health and hence to counter the harmful effects of heat and chemicals, the demand for hair bond multipliers to strengthen hair is increasing.

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Global Hair Bond Multiplier Market: Segmentation & Forecast

The global hair bond multiplier market is segmented based on product type, application, end use, and sales channel. By product type, the hair bond multiplier market is segmented into kit and loose. On the basis of application, the market is segmented into hair colouring and hair treatment.

The hair colouring segment has a high growth rate of 7.3% over the forecast period with the segment anticipated to be valued at US$ 82.7 Mn by the end of 2017. By end use, the hair bond multiplier market is segmented into salons, spa, and personal use.

The salon segment is estimated to hold the largest market share of 69.1% in 2017 with the market anticipated to be valued at US$ 119.1 Mn by 2017 end. By sales channel, the market for hair bond multiplier is segmented into direct sales and retail sales.

The retail sales segment is further sub segmented into modern trade, distributors/wholesalers, health & beauty stores and online retailers. In terms of value, the retail sales segment is projected to be the most attractive segment in the global hair bond multiplier market during the forecast period and is expected to remain dominant with a revenue share of 58.5% by 2027 end.

Global Hair Bond Multiplier Market: Regional Forecast

This report assesses trends driving growth of each segment at the global as well as regional level and offers potential takeaways that could prove substantially useful to hair bond multiplier manufacturers looking to enter the market.

In this report, the hair bond multiplier market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).

North America is expected to exhibit relatively high CAGR and high incremental value over the forecast period. In terms of value, the North America hair bond multiplier market is projected to be the most attractive regional market during the forecast period and is expected to remain dominant accounting for a revenue share of 22.9% by 2027 end.

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Global Hair Bond Multiplier Market: Key Players

Some of the key players in the hair bond multiplier market featured in the report include L’Oréal S.A., Olaplex LLC, Croda International Plc., Henkel AG & Co. KGaA, Keune Haircosmetics Manufacturing B.V., Lakmé Lever Private Limited, Earthly Body, Inc., Brazilian Professionals LLC., Affinage Salon Professional Limited. In this report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, new marketing techniques, product offerings, and mergers and acquisitions.

Market segmentation

By Product Type :

Kit
Loose

By Application :

Hair Colouring
Hair Treatment

By End Use :

Salons
Spa
Personal Use

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By Distribution Channel :

Direct Sales
Retail Sales

By Region :

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa

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Home Decor Market is Expected to Increase at a Strong CAGR throughout the Evaluation Period | FMI

The global home decor market is expected to increase at a strong CAGR throughout the evaluation period and reach a value of roughly US$ 855,680 Mn in 2022. The home décor industry is expanding internationally as more people, particularly in poorer nations, own houses. Furniture, fabrics, and floor coverings are utilised in home décor to improve the living area.

The rise of the real estate sector is one reason for the home décor market’s quick growth. Additionally, the ease with which individuals may access new types of designs and a diversity of things for house décor as a result of factors like globalisation is promoting the expansion of this sector.

Furniture and other home décor goods are now more readily available and more reasonably priced thanks to the growth of internet retail. As a result, a lot of individuals are using these online retail stores to furnish their houses.

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The increase in disposable incomes and the improvement in people’s lifestyles are further elements promoting the expansion of this sector. However, some factors, such as the rising cost of raw materials like wood and leather, are restraining the market expansion of home décor items.

Forecast Highlights on Global Home Decor Market

According to Future Market Insights’ prediction, the rug market would reach a value of roughly US$ 155,460 Mn in 2022. From 2017 to 2022, the CAGR for this period of assessment was a strong one. By the end of 2017, the rug segment is projected to represent over one-fifth of the product type segment’s revenue share, and by the end of 2022, it is anticipated to increase market share.

As per the forecast of Future Market Insights, the direct to consumer segment will reach a value of nearly US$ 127,733 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The direct to consumer segment is estimated to account for more than one-fifth of the revenue share of the distribution channel segment in the year 2017 end and is expected to lose market share by the end of the year 2022.
As per the forecast of Future Market Insights, the indoor segment is slated to reach a value of nearly US$ 560,205 Mn in 2022. The indoor segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the indoor segment.
Future Market Insights forecasts the China home décor market to grow from US$ 79,955 Mn in 2017 to US$ 109,434 Mn in 2022. This represents a compound annual growth rate (CAGR) of 6.5% from 2017 to 2022.

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The report has also profiled leading players in the global market for home decor, which will remain active through 2022. These include companies such as Samson Holding Ltd., Koninklijke Philips N.V., Springs Window Fashions LLC, The Oneida Group, Inc., Siemens AG, Suofeiya Home Collection Co., Ltd., Conair Corporation, Inter Ikea Systems B.V, Hanssem Co., Ltd. and Zepter International Inc.

Market Taxonomy

Product Type

Home Furniture
Rugs
Bath Textiles
Bed Textiles
Kitchen and Dining Textiles Tiles
Wood & Laminate Flooring
Vinyl & Rubber Flooring
Lighting
Other Products

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Distribution Channel

Retail Stores
Direct to Consumer
Manufacturer Stores
E-commerce Stores
Discount stores
Rental Stores
Club Stores
DIY Stores

Application

Indoor
Outdoor
Other Applications

Region

North America
Latin America
Europe
Japan
APEJ
MEA

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Men’s Underwear Market surpassed a Valuation at a CAGR of Approximately 4% through 2031 | FMI

The men’s underwear market surpassed a valuation of US$ ~10 Bn in 2020 at a CAGR of approximately 4% through 2031. Besides innovation in designs, the market is gearing to witness the launch of electronic underwear, designed particularly for elderly patients.

Rising prevalence of various health issues such as bedsores or pressure ulcer expects will result in high sales of electronic underwear to help improve mobility especially, among the elderly population. For instance, 2exist provides with men’s hot underwear, which is stunning in both ways- fashion and function wise.

The electric no-show brief provided by the company comes with an electric waistband that gleams and shines in the most subtle way. The underwear is the supportive and comes in various shades, which makes them more fashionable. With the help of modern machinery, the underwear is designed innovatively so that it has stitching on its sides and a center seam for more comfort and space.

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Customers suffering from health issues look for easy and comfortable solutions. This is expected to boost the sales in the men’s underwear market. In addition to this, investment towards research to fashion inner garment for the comfort of patients will encourage innovations in the market.

Key Takeaways from the Men’s Underwear Market Study

Based on material type, linen-made men’s underwear is likely to remain highly sought-after owing to the rising demand for luxurious and premium underwear among men.
As per analysis, demand for boxer shorts is expected to grow at a CAGR of over 5% over the forecast period.
Sales via multi-brand stores will pick up in the coming years.
Demand in the U.S. is expected to grow by 3% CAGR between 2021 and 2031.
Sales of men’s underwear will pick up pace at 5% CAGR in the U.K.

Impact of COVID-19 on the Market

The sudden outbreak of the COVID-19 has transformed the growth factors for various industries. The implementation of work from home trend has led to the rise of awareness regarding personal health among individuals, which is further driving the interest of customers towards premium and comfortable innerwear that have new designs and are stylish at the same time.

On the flip side, strict regulations imposed on the movement of individuals in commercial areas, lack of trading between countries led to plummeting sales for a short period of time. However, with time, the men’s underwear market is likely to bounce back, exhibiting a steady growth through the course of the forecast period.

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Who is winning?

Leading manufacturers of men’s underwear are adopting aggressive promotional strategies and advertisements to driven sales. Leading players present in the men’s underwear market are Hanesbrands Inc., Philips-Van, Heusen Corporation, Ralph Lauren Corporation, Jockey International Inc., American Eagle, Outfitters Inc., Iconix Brand Group Inc., J.C. Penney Corporation Inc., Under Armour, Inc., RibbedTee Company, Ramblers Far, Inc., Levi Strauss & Co., Perry Ellis International Inc., and Naked Brand Group Inc. among others.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global men’s underwear market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.

The study divulges compelling insights on the men’s underwear market based on the material type (cotton, wool, silk, polyester, rayon, linen, nylon, and others), by category (regular brief, boxer brief, boxer shorts, trunks, and thongs), by size (XS, S, M, L, XL, XXL, and XXL), by age group (15-25, 26-35, 36-45, 46-55, 56-64, and 65+), by price range ( Below US$ 10, US$ 10 – US$ 20, US$ 20 – US$ 30, and US$ 30 & Above), by sales channel (wholesalers/ distributors, hypermarkets/ supermarkets, specialty stores, multi-brand stores, online retailers and others, across each of the seven major regions.

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Middle East Flooring and Carpet Market Analysis Shows the Demand for These Luxury Products will Surge in the Coming Few Years | FMI

The Middle East flooring and carpet market is projected to grow in value during the forecast period at a CAGR of 5.3%, reaching a market size of more than US$ 10 Mn by 2026’s end. Revenue from the carpet tile category is predicted to dominate other product type categories in the Middle East flooring and carpet market, with a CAGR of 7.3%. ( 2016–2026).

The research goes deeply into the murkiest crevices of the Middle Eastern markets and presents some really important and futuristic statistics that are closely related to the genetic behaviour of the market. According to the analysis, the Middle Eastern flooring and carpet industry would expand significantly over the course of the projected year.

Weavers originated in this part of the world. There are some of the most well-known magicians in some parts of the world. The flooring and carpet market in the Middle East is booming and offers a wide range of goods. The area of the world is slowly becoming one of the main tourist destinations, and the real estate market in this area is booming.

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The report delves deep into the darkest corners of the markets spread across the Middle East and tables some very crucial and futuristic data which are close-knitted with the genetic behaviour of the market. The report says that the Middle East flooring and carpet market will grow manifold within the forecast period. Within the assessment period the market will shine and rise it will record more than 5% CAGR.

This region of the globe is a cradle of weavers. Some of the best-known hands who can weave magic are available in part of the world. A plethora of products is available in this expanding middle-east flooring and carpet market. The portion of the world is steadily rising as one of the major tourism hubs also the real estate segment of this region is on fire.

The economy is thriving and basking with a wave new investment. This entire economic resurgence is pushing ahead the width of the middle-east flooring and carpet market. The market exports some of the best quality, artificial grass, carpets, rugs, variety of laminated floorings and carpet titles to different parts of the world. The demand of these of niche products are maximum in different parts of the globe and as per this market analysis, the demand for these luxury products will surge in the coming few years. As per the report, the middle-east flooring and carpet market will cater commercial as well as the domestic customers.

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The market is extremely challenging as most of the customers of this segment do have an eye for details and they are eager to shell out some extra bucks to get the best possible products from the market. To cope up with this new breed of customers the manufacturers are polishing their skills and tabling custom made products to stay afloat in this competitive market. Lucrative discounts, advanced 3D technology is introduced in the market to enhance the customer outreach.

The major stakeholders of the market are steadily revamping their manufacturing policies to meet the elevated environment-friendly standards issued by the government. As per the application type, the market is fragmented into commercial, residential offices, hospital and healthcare, industrial application, automotive and retail. Several raw materials are used in this market and they are Polypropylene, polyester, other materials and nylon. The rise of the new luxury conscious customers, expanding the economy of the region and expanding demand for these products in educational institutes, hospitals and hospitality will drive the market forward in within the assessment period predicts the report.

Segment Analysis

The nylon section will dominate more than 40% of the market share until the end of 2016 apart from this the other material segment of the market will also contribute significantly to the growth of the Middle East flooring and carpet market
The residential segment will push the market ahead in 2016. The automotive application and hospitality segment will also show positive results in the assessment period

Regional Analysis

Qatar and Kuwait will be significant contributors to the growth of the Middle East flooring and carpet market. As Qatar will be the hosting mega football event in the year 2022, thus it will affect the market periphery of the flooring and carpet. Apart from this other country of this region such as UAE, Egypt, Iran, Kuwait, Bahrain, Oman and Turkey will also showcase good development in the market.

Vendor Insights

Some of the prime players who are operating in this segment are Cerner Corporation, Care Fusion Corporation, Kirby Lester LLC, Swisslog Holdings AG etc.

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Residential Water Treatment Devices Market is Expected to Grow at a Strong 5% CAGR through the end of 2031 | FMI

The global residential water treatment devices market is anticipated to reach US$ 23 Bn in 2021 and is expected to grow at a strong 5% CAGR through the end of 2031. All living things need water to survive, yet it is also one of the most scarce resources.

These sources of life have been polluted, making them dangerous for human use. This contamination has been caused by extensive urbanisation, widespread pesticide usage, and naturally occurring contaminants in some water basins.

In its report titled “Residential Water Treatment Devices Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” Future Market Insights has thoroughly examined the global residential water treatment devices market, which is anticipated to expand at a strong CAGR of 9% from 2017 to 2027 and surpass a value of US$ 56 billion by that time.

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Region – Governments Unable to Provide Safe Drinking to all Citizens in APEJ

The APEJ region now accounts for 3/5^th of the global population and is growing rapidly. A UNICEF report estimates that the growth rate far there outpaces that of the number of people gaining access to safe drinking water. The 2011 Census of India states that 14% of households in the country cannot access safe drinking water.

In addition to this, large scale industrialization and excessive pesticide use deteriorates the quality of natural water bodies in the APEJ region. Many water bodies that provide water for millions of local inhabitants have dangerously high levels of toxins.

In China, more than 80% of water bodies including shallow groundwater has been affected by industrial waste and agricultural chemicals that seep into the nearest water body from the soil and waste injection.

In Indonesia, more than 75% of rivers are polluted with high levels of fluoride and arsenic and this directly leads to the deaths of approx. 50,000 people annually.

Region – Increasing Cases of Waterborne Diseases in North America

The U.S. has one of the safest drinking water systems on the globe yet there are several cases of gastrointestinal illnesses reported in the country every year because of the inadequacy of public water systems that excludes consumption from non-public systems. Waterborne contaminants can lead to numerous health problems such as vomiting, diarrhoea, breathing difficulty, eye, ear, and skin infections, and pneumonia.

Diseases such as giardiasis, cryptosporidiosis, otitis externa caused nearly 40,000 hospitalizations and cost just under a billion dollars every year in the country. The bacteria Clostridium difficile alone causes almost 8000 deaths annually. These deaths can be avoided with the help of devices available in the North America residential water treatment devices market that is projected to be worth roughly US$ 7.8 billion in 2027 with the US comprising the bulk of this.

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Equipment Type – Reverse Osmosis Most Popular Equipment Type

The reverse osmosis segment has a market share of almost 60% in the residential water treatment devices market in 2017 and is anticipated to rise to 63% by the end of the forecast period. Reverse osmosis is projected to witness the highest CAGR of 9.7% by value from 2017-2027, making it imperative for key stakeholders in the residential water treatment devices market to target this equipment type. An absolute dollar opportunity of slightly under a billion dollars in 2017 over 2016 is waiting to be tapped in the reverse osmosis segment of the residential water treatment devices market.

Competition Dashboard in the Residential Water Treatment Devices Market

The companies profiled in the residential water treatment devices market report are Amway Corporation, The 3M Company, Haier Group Corporation, Robert Bosch GmbH, Whirlpool Corporation, BRITA GmbH, Culligan International Company, Eureka Forbes, Kent RO Systems Ltd., Panasonic Corp ADR, LG Electronics Inc.,Hindustan Unilever Ltd., Mitsubishi Rayon Cleansui Co. Ltd., P.T. Holland, A.O. Smith Corporation, Mazuma Thailand Co. Ltd., Ceramica Stefani S.A., Lorenzetti S.A., PSA Industrias Pugliese S. A.,Europa Group, and Indústria Brasileira de Bebedouros Ltda. S.A.

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Key Insights in the Residential Water Treatment Devices Market

The residential water treatment devices market has been characterized by the lack of new technologies and a sluggishness on the part of key stakeholders. There has been no major R&D investment and product differentiation is absent.

Thus, price becomes the deciding factor for buyers and any company that can reduce the initial or maintenance cost substantially stands to reap significant benefits in the residential water treatment devices market. Companies should try to introduce smart new products that offer a multitude of features such as heating or chilling water, adding flavours or purifying it at multiple stages.

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Low Dosage Hydrate Inhibitors Market by Category

Product Type:

Anti-agglomerate (AA) Inhibitors
Kinetic Hydrate Inhibitors (KHIs)

Terrain Type:

Onshore
Offshore

Region:

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

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