Market Research Blog – Page 10957 – New Product Development

BRICS Disposable Hygiene Products Market is Witnessing an Annual Growth of Nearly 6-7% Due to Increased Consumer Spending on Personal Care

The disposable hygiene products market is witnessing an annual growth of nearly 6-7% due to increased consumer spending on personal care products globally. In addition, the demand for improvised comfort, performance and efficient absorbent hygiene products is expected to drive demand for disposable hygiene products in the near future.

Concerns for safety, convenience and hygiene are identified as key factors affecting growth of disposable hygiene products market. Furthermore, rising consumption of products such as sanitary pads, wipes, baby products and others across the globe is anticipated to drive demand for disposable hygiene products market in near future. Among the developing economies, increasing population and manufacture of such products in countries such as India and China and low penetration of these products is expected to open opportunities for growth of the market in BRICS. Moreover, industry-sophistication is expected to fuel the demand for disposable hygiene products in Brazil.

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Apart from increasing population in BRICS, economic development particularly in countries such as China and India is a key factor contributing towards substantial growth of disposable hygiene products market in the region. Furthermore, increasing disposable income, rising expenditure or consumer spending on personal hygiene and increasing hygiene concerns are expected to fuel demand for disposable hygiene products over the next five to six years.

Also, increasing Internet penetration is a prime factor supporting wide distribution of these products to tech-savvy consumers in BRICS via the medium of online retailing. Internet penetration is expected to enhance distribution of these products, leading to increased consumption and brand visibility among consumers in BRICS.

Although hygiene concerns rank high among consumers in the BRICS region, low awareness among people in rural areas coupled with low adoption of products in regular operations could hamper growth of the market. However, some international companies are focused on advertising campaigns along with the government awareness campaigns regarding hygiene. Although hygiene concerns in BRICS region is high, low awareness among people in rural areas coupled with low adoption of products on a regular basis is expected to restrict market growth. Moreover, cost reduction coupled with efficient packaging of the disposable hygiene products is concern for companies operating in this market.

As a result, a few international companies are focusing on advertising campaigns along with product portfolio expansion through opening of new manufacturing units. For instance, Unicharm Corporation, Procter & Gamble India and Svenska Cellulosa Aktiebolaget SCA (publ.) among others, have opened new manufacturing units for hygiene products in India. For instance, Unicharm Corporation invested US $ 39.2 million to set up a manufacturing facility with the objective to develop baby care, pet care and feminine care products in India.

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The disposable hygiene products market is segmented on the basis of product type and material used in products. The various disposable hygiene products include nappies, diapers, toilet paper, wipes, sanitary protection, kitchen towels, paper tableware, cotton pads and buds. These products are classified according to age-group since product usage differs accordingly. On the basis of age-group, the market has been segmented into adult care, feminine care and baby care.

The materials used in these products are broadly classified as woven or non-woven, which depends on the acceptability of the product as well as age-group for which they are designed. Among all the product categories, the sanitary pads and baby products are collectively expected to be a promising area in the BRICS disposable hygiene products market. Among all the BRICS countries, India and China are expected to witness an increase in demand for disposable hygiene products, followed by Brazil and Russia.

Investments by local players for disposable hygiene products are increasing rapidly, which is expected to lead towards a strong competitive database. This in turn is predicted to enhance the competitiveness among local as well as international players, leading to substantial investments in this market in future. Prominent players in this market include Dispowear Sterite Company, Kimberley Clark Corporation, Disposable Hygiene Products Ltd., BOSTIK SA, BAHP, UNICHARM Corporation, Procter & Gamble Company, Unicharm Corporation, Kao Corporation and Svenska Cellulosa Aktiebolaget SCA (publ).This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, countries, product types and material used.

The report covers exhaustive analysis on:

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

Country analysis includes

Brazil
Russia
India
China

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

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Pet Carriers Market Is Anticipated to Grow Significantly to Reach US$ 1.2 Bn By the Year 2032

The pet carriers market to reach US$ 830.0 Mn in 2022. Sales of pet carriers are slated to increase at a 4% CAGR over the forecast period, pushing the market size to US$ 1.2 Bn by 2032.

Pet Carriers are portable crates or box which is used to transport pet animals like cats, dogs, guinea pigs, and many more. The pet market is estimated to reach $ 99 Billion in the US.

Pet carriers are witnessing surge in its demand on the back of increasing demand for pet’s security and sturdiness awareness for larger pets. This makes travel with pets stress-free as it has a safety net, which was not there earlier in the cages.

Pet carriers are of different types, such as Sherpa carrier, Purse carrier, Soft-sided pet carrier. Pet carriers are now being designed to make it less like a cage, and to give a window for communication and to interact with the outside world during traveling.

The different pets will have a different type of carrier, based upon their sizes and requirement.

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Manufacturers are introducing many innovations such as carriers with rollers for easy transportation. Designer pet carriers are being manufactured with climate-controlled interiors, cross-ventilation for better traveling experience of pets. Pet owners are buying such carriers and are anticipated to witness massive demand in coming years.

How Millennial and Baby Boomer are reacting to Pet Carrier

Earlier, baby boomers (people born post World War II) were considered as the largest portion of the pet owner. Now, this badge is held by Millennials. This portion of the pet owners are tending to travel more, and hence holds the majority of the market portion for the Pet Carriers.

This population in the coming years will also be able to purchase premium pet carriers with their increasing purchasing power. Hence this market will be bolstered in the coming period.

Apart from the former point, the availability of fashionable, accessorized pet carriers will be the key driver of the industry. The share of revenue is also increasing because of the current trend of “pet parenting”. The pet industry is benefitted by this trend giving 40% of total industry revenue in 2019.

Key Players of Pet Carriers

Some players are contributing to the value chain of Pet Carrier in the global market. These key players are

OxGord
Paw & Pals
Sherpa
Mr. Peanuts
Pet Magasin
MidWest Homes for Pets
SLEEKO
Ferplast
EliteField.
Pets Travel
Pettom
Worldwise
Pet Gear
Coastal Pet
Sturdi Products
Less Trading Corp
Petsfit Ibiyaya
Gen 7
PET LIFE

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What manufacturer can expect in the coming period for Pet Carriers

The pet carriers industry across the Asia Pacific and Latin America are expected to witness a higher single digit CAGR over the coming years.

The pet carriers market is in the phase of quality growth, where the manufacturers are focusing on the quality of the products, keeping the quality above the quantity. The market is yet to achieve the maturity level.

Online and retail, both the market segments of the pet carriers market are witnessing growth at an almost equal rate.

This is so as the pet owners consider their pets as family and hence do not want to compromise with the quality and the busy pet owners are also choosing the e-channel for faster and time-efficient delivery. 32% of the pet owners prefer Pet specialty shops, whereas 13% prefer Ecommerce.

As purchasing power is increasing along with increasing pet adoption, people tend to spend more on pet care. As the incomes of household increases, pet owners can purchase premium and customized pet carriers for the sense of luxury, thus encouraging more and more manufacturers for innovation.

Manufacturers are also now aiming to get approval from different airlines for easy travel of pets. They are customizing pet carriers according to the regulations and dimensions provided by the airlines. This pre-approval from the airline will save the further processes of the pet owners and hence will attract more demand and opportunities for the manufacturer.

The Report Covers Exhaustive Analysis on

Pet Carriers market segment
Pet Carriers market dynamics
Pet Carriers market size
Pet Carriers supply and demand
Current trends/issues/challenges pertaining to Pet Carriers market
Competition landscape and emerging market participants in Pet Carriers market
Technology related to production/processing of Pet Carriers
Value chain analysis of the Pet Carriers market

Regional Analysis Includes

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

The Pet Carriers market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Pet Carriers market report projects the attractiveness of each major segment over the forecast period.

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Pet Carrier: Market Segmentation

By Product Type :

Softside Bag
Hard Kennel
Backpack
Sling Carrier

By Based on Application:

Dog
Cat
Others

By Based on Distribution Channel:

Online Stores
Grocery Shops
Clubs
Others

By Based on Geography :

North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East and Africa

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Pet Furniture Market Is Anticipated to Grow Significantly to Reach US$ 3.1 Bn By the Year 2032

The global pet furniture market is estimated to be valued at US$ 1.8 Bn in 2022 and is projected to reach US$ 3.1 Bn by 2032. The market is anticipated to exhibit growth at a CAGR of 5.8% from 2022 to 2032. Share of pet furniture market in the pet care market is approximately ~0.5% at present.

Rising pet adoption around the world has resulted in high demand for pet furniture. Increasing tendency of pet-parents to spend on premium and multi-functional products is expected to augment the growth in the market.

Increasing investments in research and development has led to the introduction of sustainable pet furniture products. Pet care products that provide health and comfort benefits, as well as entertainment for pets are gaining traction in the market.

In addition to this, players are launching new products at online retail channels to improve their regional presence. Consumers are preferring online retail channels across emerging economies due to lack of pet specialty stores. Increasing sales through digital platforms will propel growth in the market over the forecast period.

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“Rising adoption of pet furniture across animal rescue organization, along with growing influence of pet humanization culture through social medial platforms will boost sales of pet furniture worldwide,” says an FMI analyst.

Key Takeaways:

North America is expected to lead the global pet furniture market, holding 40-45% of the total market share.
Trees and condos for cats will account for 30-30% of the total sales of pet furniture.
Based on pet type, the cats segment will emerge as a lucrative segment.
Demand for cotton-based pet furniture will remain high.
Sales of pet furniture through pet specialty stores will continue gaining traction.
Asia’s pet furniture market is forecasted to grow by a significant amount due to the increasing pet-adoption in major countries like India, China, and South Korea.

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Competition Landscape

Key players in the global pet furniture market are FurHaven Pet Products, Aosom LLC, Go Pet Club LLC, PetPals Group Inc., Inter IKEA Holding B.V., MidWest Homes for Pets, North American Pet Products, Ware Pet Products, Shanghai Senful Pet Products Co. Ltd, Tuft and Paw Co., Fable Pets, Wild One Co., LayLo Pets Co., PetGear Inc., Nest Bedding Inc., Prevue Pet Products, and Pet So Good among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global pet furniture market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the pet furniture market based on by product type (houses, sofa & beds, trees & condos, and others), by pet type (dogs, cats, and others), by material type (cotton, plush, fabric, wood, and others), by sales channel (wholesalers/retailers, hypermarket/supermarket, direct sales, pet specialty stores, online stores, and other sales channel) across seven major regions.

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Market by Category

By Product Type:

Houses
Sofa and Bed
Condos and Trees
Others

By Pet Type:

Dogs
Cats
Others

By Material Type:

Cotton
Plush
Fabric
Wood
Others

By Sales Channel:

Wholesalers/Retailers
Hypermarket/Supermarket
Direct Sales
Pet Specialty Stores
Online stores
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Toilet Care Wipes Market Reach Nearly US$ 37 Billion while Expanding at a CAGR of 6.6% during the forecast Period

The global toilet care wipes market garnered US$ 18.3 Billion in 2021 and is likely to exhibit a Y-o-Y increase of 6.6% to be valued at US$ 19.5 Billion in 2022.

Future Market Insights (FMI) recently published a business intelligence report on the global Toilet Care Wipes Market. The study offers an all-inclusive compilation of the historical, current and future prospects of the Toilet Care Wipes Market. The global industry analysis and opportunity assessment report by FMI reveals that the Toilet Care Wipes Market is expected to register healthy growth over the forecast period.

The report offers in-depth analysis on significant trends and growth drivers which are having an impact on the Toilet Care Wipes Market growth. New opportunities and challenges are also thoroughly analyzed to enable market players to make effective future business decisions.

Significant changes in consumer behavior, robust product innovations, and a wealth of distribution networks continue to influence growth of the Toilet Care Wipes Market. FMI’s analysts rely on modern-day research methods for the compilation of the Toilet Care Wipes Market report and gather data from a wide range of primary and secondary sources.

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Impact of COVID-19 on Toilet Care Wipes Market

The COVID-19 outbreak has been posing staggering health and humanitarian challenges. As with many industries, retail and consumer products industry has been particularly affected, with companies struggling with demand that is either evaporating or increasing over the available supply.

Additionally, factory closures, movement restrictions, and supply chain disruptions induced by the current crisis are resulting in product shortages in the Toilet Care Wipes Market in 2020.

The FMI’s recently published report include an important chapter on the COVID-19 impact analysis to aid Toilet Care Wipes Market stakeholders in deploying innovative strategies to overcome the challenges that lie ahead of the crisis. The report further helps companies get access to necessary information surrounding the COVID-19 and its impact on the Toilet Care Wipes Market.

Key Questions Addressed in the Toilet Care Wipes Market Report

What are headwinds and tailwinds shaping the growth curve of the global Toilet Care Wipes Market?
Which factors will continue to influence growth of the regional Toilet Care Wipes Market?
What are the recent technological developments in the Toilet Care Wipes Market?
What are key challenges and competition threats faced by Toilet Care Wipes Market players?
How will evolving regulatory policies impact the market growth?

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Toilet Care Wipes Market: Competition Assessment

The FMI’s Toilet Care Wipes Market report provides a dashboard view of major players operating in the Toilet Care Wipes Market. Some of the key players are:

Redcliffe Hygiene Private Limited, Pure Touch Skin Care, Bodywise (UK) Limited, Tesco PLC, Walmart Inc., Kimberly-Clark Corporation, Dude Products, Inc., Parent’s Choice Infant Formula, The Procter & Gamble Company and Costco Wholesale Corporation, among others.

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Toilet Care Wipes Market.

Toilet Care Wipes Market: Key Segmentation

On the basis of nature, the toilet care wipes market has been segmented as:

Organic toilet care wipes
Conventional toilet care wipes

On the basis of type, the toilet care wipes market has been segmented as:

Scented
Unscented

On the basis of end use, the toilet care wipes market has been segmented as:

Commercial
Household

On the basis of sales channel, the toilet care wipes market has been segmented as:

Hypermarkets
Supermarkets
Independent Retailers
Multi Brand Stores
Specialty Retail Stores
Online Sales
Company Website
3rd Party Online Sales

Aluminum Curtain Wall Market Is Set to Expand at A CAGR Of 9.3% To Reach US$ 101.36 billion During the Forecast Period 2022-2032

The aluminum curtain wall market size is estimated to be valued at US$ 41.65 billion in 2022 and is anticipated to reach US$ 101.36 billion by 2032, at a CAGR of 9.3% during 2022-2032.

As curtain wall systems help to reduce the building’s overall operating costs by controlling temperature, the global aluminum curtain wall market is expected to grow. Today’s construction sector is seeing increased demand for aluminum curtain wall due to its superior impact resistance and sound insulation.

The varied performance attributes of aluminum play a significant role in the latest innovations in the aluminum curtain wall market as well as the long-term sustainability of buildings.

Aluminum curtain walls have a number of advantages, including design flexibility, a long service life, improved strength-to-weight ratio, excellent reflectivity, and fire safety.

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Furthermore, a number of studies have shown that aluminum is good for the environment which is another major factor propelling the demand for aluminum curtain wall during the forecast period.

As it serves as a shield and insulator by keeping air and rain outside the buildings, sales of aluminum curtain wall are expected to increase. By spreading kinetic stress via frames, ACW reduces sway in taller buildings, making the structure more secure.

Due to the rising urbanization, sales of aluminum curtain wall are projected to increase. Commercial and residential properties are constantly adapting new construction styles which are projected to aid in the development of aluminum curtain wall market outlook.

Key Takeaways from Market Study

Unitized aluminum curtain wall systems held over 55% of the market share overall in 2019 based on type, and the segment is anticipated to expand at the fastest rate throughout the forecast period.
In 2019, commercial buildings dominated the market for aluminum curtain walls, and this trend is anticipated to last throughout the forecast period.
Developed regions like Europe and North America are expected to moderately grow between 2022 and 2032. The regions represented more than 40.0 percent of the aluminum curtain wall market share in 2021.
The Asia Pacific region, which accounted for a sizeable portion of the market in 2021, is anticipated to expand at a CAGR of more than 9% during the projected period.

“Aluminum curtain wall demand is projected to grow due to increased infrastructure development, urbanization, and aluminum’s expanding use in the buildings. The aluminum curtain wall market share is projected to increase significantly as a result of the increase in demand for lightweight curtain wall in construction projects and the move toward inexpensive metals with high sustainability.”- Future Market Insights Analyst.

Competitive Landscape

With numerous large- and medium-sized manufacturers, the aluminum curtain wall market is highly fragmented. In order to provide environmentally friendly technology, these businesses are making significant investments in research and development.

Key players profiled in the report are Alumil Aluminium Industry S.A., EFCO Corporation, GUTMANN AG, Hansen Group Ltd., Kawneer Company, Inc.

Partnerships, collaborations, and investments aimed at creating advanced aluminum curtain wall have significantly increased in the aluminum curtain wall market. Due to growing government and business sector demand for aluminum curtain walls in a number of countries, these activities are anticipated to develop throughout the projected period.

In order to strengthen its expansion strategies, increase its geographic presence across the United States, broaden its product offerings, and reinforce its position in the market for mid-size commercial buildings, Apogee Enterprises, Inc. closed the acquisition of EFCO Corporation in 2017. As a result of the transaction, EFCO Corporation was also able to benefit from market, product, and operational opportunities.
In November 2018, Comar Architectural Aluminum System unveiled the 6EFT curtain wall system. The product was developed to offer a high-performance option for building facades, both new and renovated.
In April 2019, Schüco International KG and KUKA AG, pioneers in intelligent automated solutions for the manufacture of facades, windows, and doors in the future, announced a partnership. As part of this deal, two businesses will combine their resources. Schüco will have access to KUKA’s integrators.

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Key Players in the Aluminum Curtain Wall Market

Alumil Aluminium Industry S.A.
EFCO Corporation
GUTMANN AG
Hansen Group Ltd.
Kawneer Company, Inc.

Key Segments

By Type:

Stick-built
Semi-unitized
Unitized

Application:

Commercial
Residential

By Region:

North America
Latin America
Europe
Asia Pacific
MEA

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Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

3.7. Regional Parent Market Outlook

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Fabric Freshener Market Valuation reaching US$ 3.4 Bn by 2032: FMI

The global fabric freshener market to reach a valuation of US$ 3.4 Bn, exhibiting a CAGR of 6% in the forecast period 2022-2032.

The global textile industry is considered as one of the largest industries in the global market. In 2017, the industry was valued at US$ 3 trillion, which also includes the production, refinement, as well as sale of synthetic and natural fibers that are used in various industries.

The global textile market is segmented into fiber, yarn, fabric, and garments. China accounts for a significant production share in the textile products market. The fabric industry has large-scale application in both, the household and industrial sectors.

With continuous improvements being implemented in fabric products, the target segment/target customers look for ways or any kind of product that could help maintain the quality of the fabric for a longer time. As a result, fabric-related products such as fabric fresheners have been gaining traction in the global market. Fabric fresheners are used on carpets, upholstery, rugs, or any kind of clothing in order to avoid or eliminate odours quickly.

Fabric-oriented products such as rugs, carpets, and curtain kinds of woolen cloths are found in a majority of households as well as in the commercial sector. However, over the course of time, these fabric-oriented products get musty or smelly, which requires maintenance at regular intervals.

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For maintaining these fabric products, fabric fresheners have been gaining traction in the global market. Fabric fresheners are being designed to eliminate any odour originating from sticky couches, musty carpets, and unwashed curtains.

With the continuous evolution of fabric freshener products, companies have been strategizing on adding additional features to their existing products. Some of the newly featured fabric fresheners not only eliminate the odours on fabric but also act as a pest control against various insects on these materials.

Fabric Freshener Market: Key Players

Some of the key players operating in the global fabric freshener market are Procter & Gamble, Henkel Corporation, JAY Manufacturing, Reckitt Benckiser, Clean Control Corporation, Deb Group Ltd, Grow Fragrance Inc., and The London Oil Refining Co Ltd., among others.

Fabric Freshener Market: Key Trends

Manufacturers of fabric freshener products have been strategizing on promoting their products and services in order to increase their customer base in the global market. Along with key promotional activities, some of the fabric freshener companies have been executing key acquisitions in order to gain a larger customer base.

Fabric Freshener Market: Key Developments

In 2017, Procter & Gamble Co. initiated a nationwide campaign on its fabric freshener brand, i.e. Febreeze, for the North American and European markets.
In 2016, Henkel Corporation acquired major shares of The Sun Products Corporation, which specializes in the production of various fabric freshener products for the household sector.

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Opportunities for Fabric Freshener Market Participants

Over the past couple of years, industrialization has been surging at a significant rate in various parts of the world, especially in the Asia Pacific region. With the rise in the commercial sector, it becomes necessary for owner to maintain their office with proper hygienic and also make them environmentally-friendly.

Due to this, these commercial sectors have been looking ways and even buying several hygienic products to maintain their offices. This important factor paves a critical opportunity for the fabric freshener market to gain traction over the forecast period.

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

The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Fabric Freshener Market
Technology
Value Chain of the Fabric Freshener Market
Market Drivers and Restraints

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
CIS & Russia
Japan
Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

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Fabric Freshener: Market Segmentation

On the basis of product type, the global fabric freshener market has been segmented as –

Regular
Perfumed

On the basis of end use, the global fabric freshener market has been segmented as –

Households
Commercial
Offices and Industrial Sector
Hospitality Industry
Public Facilities
Others

On the basis of the distribution channel, the global fabric Freshener market has been segmented as –

Direct
Indirect
Hypermarkets/Supermarkets
Specialty Stores
Independent Stores
Online Store
Others

Pharmaceutical E-commerce Market 2022: Qualitative And Quantitative Research By Industry Experts 2032

The global pharmaceutical E-commerce market is estimated to reach US$ 72.1 Bn in 2022. The market size is projected to surpass US$ 273.6 Bn by 2032, at a CAGR of 14.3% over the forecast period 2022 to 2032.

In response to the coronavirus pandemic, consumer buying patterns have shifted, internet penetration has increased, and healthcare infrastructure has been established across emerging economies. Further, looking at the wide acceptance towards the online platform, large hospital chains are offering home delivery of medicine along with medical consultation.

Online care and pharmaceutical retail are now an important component of the overall health care delivery system. The increasing expectation for lower prices, regulatory changes, and discounts and offers available at online retail channels will boost sales in the market over the forecast period.

“Wide availability of OTC drugs and medical devices at online channels, along with increasing penetration of digital devices in emerging economies will drive the growth in the market,” says an FMI analyst.

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Key Takeaways:

The global pharmaceutical E-commerce market is expected to gain traction at an impressive 14.3% CAGR, in comparison to the 15.6% CAGR registered between 2017 to 2021.
Based on product type, sales of OTC drugs are expected to remain high.
The U.S. will continue dominating the North America pharmaceutical e-commerce market over the forecast period due to high adoption of digital services in the healthcare sector.
China will lead the East Asia pharmaceutical e-commerce market amid surging demand for at-home delivery of medial devices.
India will emerge as an attractive market owing to rising government initiatives regarding digital services in the healthcare and pharmaceutical sectors.

Competition Landscape

Mergers and acquisitions, as well as product development and innovation, are among the key strategies used by manufacturers to improve sales. Further, companies are coming up with discount offers to gain new customers.

Key players operating in the global pharmaceutical e-commerce market are Netmeds Marketplace Ltd., EasyMedico, Medlife, Amazon.Inc, Apotek, The Kroger Co., Walgreen Co., Giant Eagle, Inc., Walmart, Express Scripts, CVS Health, Optum, Inc., L Rowland & Co (Retail) Ltd, Zur

Rose Group AG, McKesson Corporation, SHOP-APOTHEKE EUROPE N.V., UK Meds Direct Ltd., Walgreens Boots Alliance, Inc., DocMorris among others.

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Segments:

By Product Type:

Prescription Medicine
Over-The-Counter Product

By Region:

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

Car Seat & Accessories Market to Record a CAGR of 4.5% during the forecast period of 2022-2032

The car seat and accessories demand is anticipated to be valued at US$ 5 Billion in 2021, and is expected to reach US$ 5.3 Billion by 2022. The market is further forecast to grow at a CAGR of 4.5% to be valued at US$ 8.3 Billion from 2022 to 2032. Growth is attributed to an influential automotive industry well-entrenched in terms of technology and product offering.

The global automobile industry is well established globally and has been steadily evolving in terms of technology and product offerings to cater to the large customer base around the globe. Moreover, it plays a pivotal role in driving the economic growth of any developing or developed country.

As a globally prominent industry, it is critical that the automotive industry stays ahead of the curve in terms of technology, with ongoing developments in automotive components and products. Car seats and accessories are examples of such components that have undergone constant development at regular intervals.

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Global Car Seat and Accessories Market: Market Participants

Some of the key players operating in the global car seat and accessories market are Pheonix seating limited, Morrck Ltd., Clek Inc., Britas Römer, RDM Group, Amvian Automotive (Pvt.) Ltd., Diono LLC and Lear Corporation, among others.

Car Seat and Accessories Market: Key Developments

In 2017, Lear Corporation, a key player in the global car seat and accessories market, announced the acquisition of Grupo Antolin’s seating business. Grupo Antolin specializes in the production of various car seat and accessories for North America and Europe markets

In 2018, Britas Römer another marquee player in car seat and accessories launched a new variant of car seat under the brand name of KIDFIX XP SICT and DUALFIX.

Car Seat and Accessories Market: Key Trends

Prominent car seat and accessories manufacturers have been making several key acquisitions in the view of expanding their business in the global market.

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Opportunities for Car Seat and Accessories Market Participants

Over the years, customer perception has been changing with time and new technologies in the market. This factor has also been influencing the global car seat and accessories market. Customers desire to customize their car seat and accessories in accordance with their preference.

Furthermore, families with newborns or toddlers take extra precautions to ensure that their vehicles are equipped with baby care car seats, creating a huge opportunity for competitors in the global car seat and accessory market to gain traction in the baby care or infant care category.

Brief Approach to Research for Car seat and Accessories Market

By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product type, application and sales channel.

The study is a source of reliable data on

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

Metal Polish Products Market Forecast To Grow At A CAGR Of 5.7% To Be Valued At US$ 23.5 Bn From 2022 To 2032

The metal polish products market forecasted to register 5.7% CAGR during the forecast period (2022-2032) & projected to reach US$ 23.5 Bn by 2032.

Increasing use of various metal alloys in furniture, machinery, and other metal items is anticipated to significantly boost the market over the course of the forecast period.

Metal products are polished to create a reflective surface, inhibit the contamination of instruments, prevent the corrosion of pipes, remove oxidation as well as enhance the appearance of any item. Metal polish products are used to remove oxidation from metal objects with a motive to prevent the metal from getting corroded and increase its lifespan.

Metal polish products are gaining traction in the market, owing to the high use of metals in furniture, antiques and machinery. The use of metal polish is not only limited to clean metals and restore shine, but it also helps in removing a layer of oxidation as oxidized metal has a bad finish, looks dull and stains easily.

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Rising consumer demand for a smoother microscopic surface, better reflection, high gloss and shine in metal products is a key contributing factor to the growth of the metal polish products market. The supply-side participants in the metal polish products market are engaged in the innovation of new products to cater to the consumer demand and thereby complement the growth of the metal polish products market.

Technological Advancements & New Product Innovation drive the Adoption of Metal Polish Products

The global metal polish products market has been registering rapid growth, owing to the use of different metal alloys in machinery, furniture and other metal products due to their cheaper cost and high efficiency. Metal polish products are available in different forms such as foam, tablet, gel, spray and liquid, depending upon the application.

The rising awareness about the availability of these products also complements the growth of the metal polish market. Metal polish products are used to safely clean, protect and shine metal surfaces without causing damage. Recently, a sudden hike in the demand for metal polish products has been observed, owing to their versatile nature, to remove tarnish, clean surface dust, prevent corrosion and surface rust and inhibit oxidation. Metal polish products find a wide range of applications in various metals such as silver, gold, aluminum, stainless steel, bronze, chrome, brass and more.

Metal Polish Products Market: Market Participants

The key market participants identified across the value chain of the metal polish products market are Tri-Peek International Limited, Rubbedin cleaning products, Canadian Tire Corporation, Limited., California Custom Products Inc., Reckitt Benckiser Group PLC, S. C. Johnson & Son, Inc., Diversified Chemical Technologies, Inc., White Diamond Detail Products, Weiman Products, LLC., Wizards Products, Turtle Wax, Inc., Halfords Limited, Menzerna polishing compounds GmbH & Co. KG and Cyclo Industries, Inc., among others.

Opportunities for Metal Polish Products Market Participants

Globally, the metal polish market has been witnessing significant growth, owing to the rise in the demand for cleaning and polishing products. The market is governed by the innovation of new products, owing to advancement in technology, as a result of which the manufacturers of metal polish products market keep adding new products to their portfolios.

The supply-side participants of the metal polish products market are focussed on making their products more efficient and cost-effective. The emergence of e-commerce and the influence of TV commercials also play a major role in driving the growth of the metal polish products market during the forecast period.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, form, end-use & sales channel.

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The study is a source of reliable data on:

Metal Polish Products Market segments and sub-segments
Metal Polish Products Market trends and dynamics
Supply and demand
Metal Polish Products Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Metal Polish Products Market: Segmentation

On the basis of form, the metal polish products market has been segmented as:

Liquids
Sprays
Gels
Tablets
Foam

On the basis of end use, the metal polish products market has been segmented as:

Households
Industrial
Metal Manufacturing

On the basis of sales channel, the metal polish products market has been segmented as:

Hypermarkets
Supermarkets
Independent Retailers
Multi Brand Stores
Specialty Retail Stores
Online Sales
Company Website
3rd Party Online Sales

Bar Refrigeration Market is Witnessing a Significant Growth in Terms of Volume Due to Increasing Number of Bar

Significance of liquor serving temperature has played a vital role in launching of multiple wine bar refrigeration products globally. Moreover, energy efficiency, modern design and theme based color products are some of the additional features influencing the purchasing pattern of customers.

The bar refrigeration market is witnessing a significant growth in terms of volume due to increasing number of bars, clubs, and pubs globally and increasing consumption of wine by residential areas.

On the other, manufacturers are engaged in enhancing the product usability and capacity such as freezing capacity, bottle placing capacity, and others to fulfill the customers need.

On the other hand the launch of compact bar refrigeration is increasing product demand at small bars. However, the shutting down of bars due to restriction on social gathering, has hampered the growth of the bar refrigeration market across the world, in the year, 2020.

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Global Bar Refrigeration Market: Market Dynamics

Increasing wine consumption across the world at a growth rate of 0.5% per year, is fueling growth of the bar refrigeration market in terms of volume.

On the other hand increasing corporate parties, increasing trend pertaining to clubbing and outing among customers is positively influencing growth of the bar refrigeration market.

On the other hand, opening of bars in modern trade channels including malls, big shopping complexes, luxury societies and residences is driving the growth of the market.

Also, the growth of tourism industry indirectly supports the increasing demand of bar refrigeration. Thus, bar refrigeration market is expected to growth at a significant rate during the forecast period

Trends for Bar Refrigeration Market

Compact bar refrigeration are in demand among end users. Moreover, increasing adoption of smart design associated with bar refrigeration is changing customer purchasing trend in the bar refrigeration market.

Acquisition of regional players by key players to increase product offering is a key trend in the market. Moreover, key palters are significantly involved in partnership with e-Commerce players for increasing their sales foot print across the globe.

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Challenges for Bar Refrigeration Market

Laws, ban on wine shipping, wine prohibition and restriction on wine promotional activities and advertisement in some of the countries including UAE (only Sharjah), India (some states), Saudi Arabia, Iran, and others is hampering growth of the bar refrigeration market.

On the other hand, concern for corona virus spread has closed many bars globally, which in turn has restricted the sales of bar refrigeration market.

Opportunities for Bar Refrigeration Market

High demand of bar refrigeration after end of covid-19 crisis is expected to be faced by bars, as people have an intense wish of doing parties and visiting bars now a days.

Moreover, introduction of new designs and partnership with hotel chains across the world is expected to register growth opportunities for the bar refrigeration market during the forecast period

Global Bar Refrigeration Market: Key Players

Some of the key players operating in the global bar refrigeration market are

Empura
Krowne
Lionsgate
Perlick Corporation
Avantco
Carrier Commercial Refrigeration, Inc.
Homelabs
New Air
Apex refrigeration .

Product offering thorough company own website is registering growth opportunities for the key players in the market

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Bar refrigeration Market: Regional Outlook

Significant consumption of wine in Italy, UK, France, and Spain supports the significant growth of bar refrigeration market in Europe region. Moreover, Germany and UK are expected to be the biggest importers of wine in world.

Large number of bars and corporate parties associated with them is fueling growth of the bar refrigeration market in North America. Moreover, launch of new product is a significant trend adopted by companies in North America bar refrigeration market.

High consumer spending in bars in Australia supports the significant share of bar refrigeration market in Asia pacific region. Brazil is expected to hold a significant market value share in Latin America due to presence of significant amount of bars, pubs and clubs in the country.

Middle East and Africa is witnessing a slow growth due to alcohol prohibiting in Iran, Libya, Saudi Arabia, Sudan, Yemen, Kuwait, UAE (only Sharjah) and others countries.

Global Bar Refrigeration Market: Market Segmentation

Basis of Product

Back bar coolers
Draft beer cooler/dispensers
Glass chiller
Bottle coolers

Basis of Price Range

Mass
Premium

Basis of Application

Pubs
Bar
Clubs and lounges

Basis of Functionality

Featured
Conventional

Basis of Distribution Channel

Direct
Indirect
Wholesalers/Distributors
Independent Small Stores
Online Sales Channel
Specialty Stores
Others