Cell Culture Media Market is estimated to record a 16% CAGR during the forecast period by 2032

The Cell Culture Media Market was worth US$4.9Bn in 2022 and is expected to advance at a CAGR of 16% from 2022 to 2032 to US$25.9 Bn by 2032.

Due to increased research and development investment by private and public businesses for vaccines and treatments against microorganisms, the demand for cell culture media is predicted to rise at a rapid pace.

An increase in research and development funding of cell culture media components, as well as a revolution in the life science sectors, particularly in biopharmaceutical products and the expansion and expansion of the biotechnology industry, all, contribute considerably to the sales of cell culture media.

In addition, the rising incidence and prevalence of cancer have shifted the attention to biosimilars, biologics, and recombinant protein products.

Cell culture has become an essential aspect of vaccine manufacture in the pharmaceutical business. As per the latest cell culture media market future trends, vaccine demand is predicted to rise globally as the frequency of infectious diseases rises, and the possibility of pandemics rises.

Cell-based flu vaccines have also been approved for use in the United States and many European nations.

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Regulatory approval of various cell culture-based vaccines around the world and increased awareness and understanding of cell culture-based vaccines are projected to propel the adoption of cell culture media forward during the forecast period.

In order to evaluate vaccines and antivirals in vitro, a culture media must be used in which the targeted virus or bacteria is cultivated, and the response is determined.

The cell culture media market opportunities and the need for culture media are fueled by the pharmaceutical industry’s increased focus on research and development. Because biopharmaceutical innovators are at the forefront of in vitro research and development for the quest for vaccines and antivirals, the present COVID-19 outbreak has a favourable impact on the cell culture media market outlook.

The global market study on cell culture media indicates that the Asia Pacific cell culture market is expected to develop due to favourable regulatory standards, government backing for cell culture-based vaccine production, cheap manufacturing costs, and global market participants’ increasing focus on the merging Asia Pacific area.

Ethical concerns over the use of animal-derived items in culture medium and a scarcity of competent professionals are expected to limit the cell culture media market share.

Cell culture media companies entail a lot of research and development for new therapeutics, including stem cells and gene therapies. Research equipment, reagents, and other goods must be of the highest quality to get reliable results.

As a result of the increased necessity to maintain high expectations (by the use of high-grade materials) and conform to strict guidelines, the price of cell biomedical research has skyrocketed. This has led cell biology research to become out of reach for many academic institutions and small businesses with minimal resources. Thus, the cell culture market opportunities and expansion are projected to be limited.

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Key Takeaways

  • Serum-free media has a large market share of 51.4 per cent in 2021. Because of the low danger of contamination, serum-free media is commonly used.
  • North America has the greatest share of cell culture media applications, accounting for 32.6 per cent.
  • As per the cell culture media market analysis, cancer research accounts for 43.7 per cent of the market share for cell culture media.
  • Biopharmaceutical businesses have a market share of 83.3 per cent by end user, showing a growing need for stem cells and tissue engineering.
  • Due to increased technological advancements in the biotechnology and pharmaceutical sectors, the creation of vaccines, and expanding initiatives for in-vitro cultivations, the Asia Pacific region is expected to have a substantial potential for growth in the cell culture media market.

Competitive Landscape

As per the cell culture media market trends and forecast, because the bulk of global culture media companies is based in North America, notably in the United States, North America has the greatest market share in the global culture media market.

HiMedia Laboratories Pvt., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., Caisson Laboratories Inc., Merck & Co. Inc, Corning Incorporated, Lonza Group Ltd, Cell Culture Technologies LLC, GE Healthcare, and Fujifilm Holdings Corporation, are some of the leading cell culture media companies in the market.

As per the recent developments in cell culture media, most cultural goods were first introduced in the United States before being distributed around the world.

Due to the rising demand for cell culture mediums from various end-user industries, the top cell culture media manufacturers are focusing on increasing their research activities in plant and animal cell applications.

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Key Segments

By Type:

  • Serum-free Media
  • CHO Media
  • HEK 293 Media
  • BHK Media
  • VERO Cell Media
  • Insect Cell Media
  • Serum-free Stem Cell Media
  • CAR T-cell Media

By Application:

  • Biopharmaceutical Production
  • Monoclonal antibodies
  • Vaccines production
  • Other therapeutic proteins
  • Diagnostics
  • Drug Screening & Development

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

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Gamma Probe Devices Market is expected to exhibit a CAGR of close to 9.5% over the forecast period by 2031

As per Future Market Insights’ (FMIs’) latest revised industry analysis, the global Gamma Probe Devices Market was valued at over US$ 72.4 Mn in 2020, and is expected to exhibit a CAGR of close to 9.5% over the forecast period (2021-2031).

Gamma probe devices aid surgeons in identifying radio-labeled tissue prior to surgery for radio guided analysis, diagnosis, and operations. Surgeons frequently struggle to discover tissues within the human body, such as malignancies, parathyroid glands, and lymph nodes. As a result, appropriate use of a gamma probe device allows the medical expert to make a smaller incision even while locating the tissues of interest.

The rising number of thyroid and breast cancer disease patients and increasing preference for non-invasive procedures, owing to lesser hospital stay and cost effective solution also will drive the gamma probe devices market.

Most minimally invasive surgical procedures require gamma probe devices. Innovation in gamma probe devices and better patients outcomes in minimally invasive surgical procedures using gamma probe devices are also expected to boost the market growth.

The increasing preference for image guided procedures and recent advancements in gamma probe devices with low cost facility are also projected to favor the market growth over the forecast period.

Gamma probe devices are increasingly being used in sentinel lymph node mapping in breast cancer and parathyroid surgery. As per WHO, 2.3 million women were diagnosed with cancer of breast while 685 thousand deaths happened due to the same reason in 2020.

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As per Cancer research organization of the U.K, breast cancer is the fourth most common cause of cancer death in the UK, accounting about seven percent of all cancer deaths. Diseases such as breast cancer can be preventable if patients are diagnosed at an early stage.

However, till now, only few key players such as Hologic Inc., Danaher, BIODEX, and Southern Scientific Ltd. are actively involved in manufacturing of gamma probe devices, which will create huge opportunities for other small as well as big manufacturers to enter the gamma probe devices market.

Key Takeaways from Market Study

  • The trolley mounted device segment accounted for the highest share of approx. 1% in 2021 owing to a rise in demand from hospitals because of convenience factor, i.e. easy operability and less cost.
  • The use of a gamma probe device resulted in a higher SLN detection rate, more accurate SLNB site identification (axillary or extra-axillary sites), and fewer problems which leads to account for largest share for more than 56% in the application segment.
  • The hospitals segment dominates the gamma probe devices market with over 52.8% value share in 2021, owing to the increasing need for gamma probe devices in critical care units for breast and thyroid cancer procedures.
  • Europe accounts for the highest share for approximately 43.5% of the global gamma probe devices market share in 2021, due to the increasing breast cancer mortality rate in this region.

“Increasing prevalence of breast cancer and surging awareness among the people about the benefits of gamma radiation in various treatment will boost the market over the forecast period” says an analyst at FMI.

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Who is winning?

The market for gamma probe devices is relatively consolidated. In this industry, there are several participants, with Hologic, LabLogic Group Holdings, and Danaher Corporation being the most prominent. These companies have strong product portfolios, product innovation, and business strategies that are cutting-edge.

These major market players have pursued a wide range of business approaches, including strategic partnerships with other medical device companies for product marketing and services, as well as collaboration with healthcare institutions for advanced technology research and development.

  • In August 2020, Hologic announced a collaboration with RadNet towards the development of artificial intelligence tools in breast health.

In December 2019, Mammotome, a subdivision of Danahera Diagnostics, unveiled a new brand identity with an updated look and feel. Mammotome also began distribution of the TruCore TM II automatic core biopsy instrument in various regions.

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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Gamma Probe Devices Market by Category

By Modality

  • Hand Held Device
  • Benchtop Device
  • Trolley Mounted Device

By Application

  • Thyroid Uptake
  • Sentinel Lymph Node Uptake
    • Breast Cancer
    • Melanoma
    • Colon Cancer
    • NSCLC
    • Renal cancer
    • Others

By End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

About FMI:

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

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Diabetic Shoes Market is expected to grow at 6.4% CAGR during the forecast period of 2022-2032

Diabetic footwear with distinct vital components such as raw material and comfort are becoming increasingly popular among diabetes patients worldwide.

They help to reduce the risk of skin damage in diabetic patients with pre-existing diet issues.

The global diabetic footwear market is expected to grow at 6.4% CAGR during the forecast period of 2022-2032, opines Future Market Insights (FMI).

The overall demand in the market is driven by increased innovation by major players to offer personalized and attractive diabetic footwear to meet the latest fashion trends, particularly among the female population.

The quality of life of diabetic patients have improved dramatically when they use diabetic shoes on a regular basis.

Adoption of these shoes is also increasing as they are cost-effective with professional care services such as diabetic foot ulcer treatment and amputations.

This aspect is expected to boost the diabetic shoes sales in the coming years. Further, increased demand for unique designs and comfort will benefit the global diabetic shoe market.

Growing awareness for health and easy availability is expected to improve the demand for diabetic shoes.

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Additionally, market participants are providing more tailored diabetic shoes as a result of growing awareness among diabetes patients.

Wellness Diabetes, for instance, offers high-quality footwear made of micro cellular polymer that is personalized for patients with calluses, corns, or other foot deformities.

On the back of these aforementioned factors, the global diabetic shoes market is estimated to surpass US$ 14.9 Bn by the end of 2032.

Key Takeaways

  • Dress shoes are predicted to account for the majority of the market in terms of type owing to the increased awareness regarding living a healthy and active lifestyle.
  • In terms of width, the medium width segment is held a significant share of 29.5% in 2021.
  • Based on end user, women are predicted to hold a considerable proportion of the end-user market due to the increased prevalence of diabetes among women
  • Based on patient type, the outpatient category is expected to grow rapidly with a CAGR of 8.3% during the projection period.
  • The U.S. held a noteworthy value share of 67.6% in North America in 2021 owing to the rising prevalence of diabetes in the country.

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 Who is winning?

Leading manufacturers of diabetic shoes are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of diabetic shoes globally.

Major players present in the diabetic shoes market are Daifuku, DJO, LLC (Dr. Comfort), Drewshoe, Incorporated, Orthofeet Inc., DARCO International, Inc., Clearwell Mobility Company, Supad, Aetrex Worldwide, Inc., Gravity Defyer Corp., Kinetec Medical Products Ltd, Horng Shin Footwear Co., Watts Footwear, ASICS Corporation, Advance Diabetic Solution, Dr Zen Products, Inc., Sensoria Health among others.

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

The study divulges compelling insights on the diabetic shoes market based on the product type (dress shoes, running shoes, strolling shoes, others) patient type (outpatient & inpatient) end user (men & women) width (narrow, medium, wide and others) and sales channel (direct sales, footwear specialty stores, medical & healthcare centres, online retailers, mono-brand stores & other sales channel) across seven major regions

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Global Diabetic Shoes Market By Category

By Product Type:

  • Dress Shoes
  • Running Shoes
  • Strolling Shoes
  • Others

By Patient Type:

  • Outpatient
  • Inpatient

By End User:

  • Men
  • Women

By Width:

  • Narrow
  • Medium
  • Wide
  • Others

By Sales Channel:

  • Direct Sales
  • Footwear Specialty Stores
  • Medical & Healthcare Centres
  • Online Retailers
  • Mono-Brand Stores
  • Other Sales Channel

By Region:

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

About FMI:

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

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Infertility Treatment Market is forecast to grow at a robust CAGR of 8% between 2022 and 2032

During the assessment period, the global Infertility Treatment Market is expected to expand at a robust CAGR of 8%, from US$ 1.5 Bn in 2021 to US$ 3.5 Bn in 2032.

As per the infertility treatment market report, factors such as a decrease in global fertility rates, increased adoption of various infertility procedures, an increase in the number of fertility clinics worldwide, an increase in public and private investments, and the presence of advanced infertility treatment products in the market are expected to boost the demand for fertility services.

Physical inactivity, a continued move toward a sedentary lifestyle, improper fetal care, deferred pregnancy, smoking, excessive alcohol consumption, stress, and other factors have all contributed to an increase in the number of infertility cases.

Furthermore, an increase in the incidence of diabetes and obesity is a significant factor contributing to the rise in these illnesses’ rates. The worldwide infertility treatment market is driven by an increase in the number of fertility clinics around the world and advancements in technology to treat infertility in both men and women.

In addition, increased governmental and private sector investments in the health care industry have created a favorable infertility treatment market outlook for expansion.

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A significant increase in reproductive clinics has occurred, despite a global fall in fertility rates. Along with this, the increased focus of players and governments on opening and acquiring additional fertility facilities around the world is expected to contribute to the segment’s rise. In addition, the proliferation of fertility clinics equipped with innovative technologies is expected to expand infertile couples’ access to infertility treatment options.

However, in the coming years, the high cost of operations associated with reproductive approaches, as well as other issues such as lower efficacy among elderly women, are expected to be essential restrictions on demand for infertility treatment.

The infertility treatment market key developments project that over the projection period, the hospital and surgical clinics category is expected to increase significantly. Other departments, such as neonatal critical care units, help to support hospitals. In addition, hospitals provide extensive maternity care even after the delivery of a child.

The market is expected to grow as a result of government initiatives to increase the number of multispecialty hospitals with departments that perform infertility treatment procedures like IVF, as well as the growing number of surgical centers that provide surgical procedures for the treatment of infertility.

The infertility treatment market is projected to reach US$ 2.2 Bn by 2026.

Key Takeaways

  • From 2021 to 2026, the Asia Pacific infertility treatment market share is expected to grow at the fastest rate of 9.1%.
  • The growth of the infertility treatment market opportunities in Asia is being aided by the development of healthcare infrastructure and development in discretionary spending, rising medical tourism in Asian countries, rising healthcare expenditure, and rising awareness among people about infertility.
  • The number of patients conducting IVF cycles dropped by 90 percent during the COVID-19 pandemic. COVID-19’s spread has influenced fertility clinics, resulting in the cancellation of IVF treatments, as well as fertility decisions among couples that were considering IVF treatment before the pandemic.
  • During the projected period, the equipment segment is expected to increase at the fastest rate. Due to technical improvements and the existence of well-established players with a diverse product range, this market has experienced rapid expansion, and the emerging trends in the infertility treatment market are also portraying a positive picture.

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“Infertility treatment treatments are becoming more widely available, and the number of fertility clinics is expanding. Increased public and private investments, as well as technical improvements, are likely to drive market expansion in the future years.”, opines an FMI analyst.

Competitive Landscape

Cooper Companies Inc., Vitrolife, Cook Group, Thermo Fisher Scientific, Inc., Kitazato Corporation, FUJIFILM Irvine Scientific, and Hamilton Thorne Ltd. (US) are among the prominent competitors profiled in the infertility treatment market survey.

Key Segments

By Product:

  • Equipment
  • Microscopes
  • Imaging Systems
  • Sperm Analyser Systems
  • Ovum Aspiration Pumps
  • Micromanipulator Systems
  • Incubators
  • Gas Analyzers
  • Laser Systems
  • Cryosystems
  • Sperm Separation Devices
  • Media & Consumables
  • Accessories

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By Procedure:

  • Assisted Reproductive Technology
  • In Vitro Fertilization
  • Intracytoplasmic Morphologically Selected Sperm Injection
  • Gamete Donation
  • Intracytoplasmic Sperm Injection
  • Surrogacy
  • Artificial Insemination
  • Intrauterine Insemination
  • Intracervical Insemination
  • Intratubal Insemination
  • Fertility Surgeries
  • Laparoscopy
  • Hysteriscopy
  • Varicocelectomy
  • Laparotomy
  • Tubal Ligation Reversal
  • Micrsurgical Reconstruction
  • Vasovasostomy
  • Vasoepididymostomy
  • Other Infertility Treatment Procedures

By Patient Type:

  • Female Infertility Treatment
  • Male Infertility Treatment

By End User:

  • Fertility Centre’s
  • Hospitals & Cergical Clinics
  • Cryobanks
  • Research Institutes

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

About FMI:

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

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Gaming Laptop Market is Growing Due to Innovative Gaming Laptop in the Industry with the Fastest Hardware to Support

The gaming laptop market is anticipated to record a CAGR of around 4.5% during the forecast period.

The market has a current valuation of US$ 11859.39 Mn and is likely to grow to US$ 18417.27 Mn by 2032. In the era of computer gaming, there is an increase in the demand for gaming laptop. Consumers are looking for devices that can operate at a high level when it comes to gaming.

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

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

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

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

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

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

Global Gaming Laptop Market: Key Developments

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

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What is the Regional Outlook for the Gaming Laptop Market?

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

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

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

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

Who are the Key Players in the Gaming Laptop Market?

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

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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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Laundry Care Market to Register 5% CAGR in terms of value in 2031 | Fabric Softeners Segment is Poised to Expand

The global laundry care market is anticipated to be worth between $25 billion and $35 billion in 2021. Through 2021–2031, the market is anticipated to increase at a 5% CAGR.

Sales of liquid detergents are anticipated to rise as consumers choose them more frequently because they offer improved compatibility with washing machines and clean delicate textiles more effectively without causing damage.

Some of the top laundry care market players are introducing liquid detergents with plant-based ingredients in response to the surging demand for organic homecare products. On account of this, sales of laundry care products are expected to increase at 4% CAGR in terms of volume between 2021 and 2031.

Increasing adoption of advanced and automatic laundry machines which are compatible with detergent pods and liquid detergent also will improve the sales of liquid laundry detergents. Demand for sustainable and plant-based liquid detergents is rising, especially across India, China, and South Korea, which is expected to positively impact the growth in the market.

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Historically, demand for laundry care products increased at 4% CAGR between 2016 and 2020. However, with unprecedented outbreak of COVID-19 and increasing awareness for personal hygiene, demand for organic liquid detergents and fabric softeners has burgeoned.

According to the report, emergence of e-commerce platforms and promotion of plant-based liquid detergents and laundry care products will continue accelerating the demand in the laundry care market.

Key Takeaways from FMI’s Laundry Care Market Study

  • Based on product type, the fabric softeners segment is poised to expand at over 5.6% CAGR 2021
  • In terms of source type, synthetic segment is expected to register growth at 5.1% CAGR during the forecast period
  • Sales of powder laundry care products are expected to reach US$ 38.5 Bn between 2021 and 2031
  • South Korea and Japan are expected to account for over 22% and 34% of global sales in 2021, respectively
  • India and China are expected to spearhead the growth of South and East Asia laundry care market, respectively during the forecast period

Competitive Landscape

As per FMI, top players are expected to account for over 25%-35% of global market share in 2021. Key players are focusing on collaboration with e-commerce and local vendors to increase their revenue.

Some of the key players are also introducing sustainable and plant-based laundry care products, targeting vegan consumers, to create lucrative revenues.

For instance, In September 2020, Woolite, a subsidiary of Reckitt Benckiser Group PLC, announced the launch of stain remover wipes which is made up of non-toxic ingredients and with eco-friendly packaging effective on all kinds of stain.

Some of the players operating in laundry care market profiled by FMI are Procter & Gamble Co., Unilever PLC, Colgate-Palmolive Company, Henkel AG & Co. KGaA, Reckitt Benckiser Group PLC, Amway Corporation, Kao Corporation, S.C. Johnson & Son Inc., LG Household & Health Care Ltd., Golrang Industrial Group, Lion Corporation, Church & Dwight Co., Inc. and Alicorp S.A.A. among others

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Laundry Care Market by Category

Product Type:

  • Fabric Softeners
  • Laundry Detergents
  • Others

Distribution Channel:

  • Wholesaler/Distributors
  • Supermarket/Hypermarket
  • Convenience Stores
  • E-Commerce
  • Grocery Stores
  • Others

Source Type:

  • Synthetic
  • Organic
  • Others

Form Type:

  • Powder
  • Cake/Block
  • Liquid
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Middle East & Africa

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

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Period Panties Market has Expanded Exponentially over the Past Decade | Impact of COVID -19

The global period panties market is estimated to grow at 15.8% CAGR between 2020 and 2030.  By the end of 2021, the market’s valuation is expected to reach US$ 180 Mn. The rise in awareness about feminine hygiene coupled with the increase in demand for eco-friendly period panties is projected to present lucrative opportunities for expansion of the market.

An increasing number of women getting conscious about the prevalence of the diseases associated with unhygienic menstrual management practices and they are opting safer ways to maintain the proper menstrual hygiene.

According to the National Centre for Biotechnology Information (NCBI), women who use reusable absorbent pads are more likely to be diagnosed with at least one urogenital infection than women using disposable pads. Disposable period panties being meant for maintenance of proper hygiene and providing comfort are experiencing surge in demand.

The COVID-19 pandemic has affected the sales of the market severely, especially earlier this year. However, the market seems to be recovering steadily owing to the rise in requirement for the safer and more hygienic ways of menstrual management practices. FMI in the study reports growth at decelerated pace in 2020. However, 2021 onwards the market is expected to regain momentum.

FMI offers an in-depth analysis of the market trends, potential, growth, and restraints.

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Some of the key takeaways from the report are highlighted below-

  • Brief-styled period panties are increasingly preferred style
  • Disposable period panties will emerge as highly sought after product in the coming years
  • Sales of medium-sized period panties will remain considerably high
  • Maximum sales of period panties are expected to happen via offline sales channels, however, growth exhibited by online channels is expected to happen at a higher rate
  • North America is expected to remain the dominant market for period panties yet East Asia and South Asia are expected to report growth at higher rate

“The demand for hygienic menstrual management has increased the requirement of period panties substantially over the past decade. The rise in concern about maintaining proper female hygiene is forecast to boost the growth of the market further in the coming years. With an increasing number of consumers willing to spend for better comfort, period panties sales are expected to pick up,” says an FMI analyst.

COVID-19 Impact Analysis

The global period panties market has suffered major set-back due to the outbreak of novel coronavirus, during the first half of this year. The sudden lock down followed by the decrease in demand due to the shifted focus towards emergency requirements has slowed down the growth of the market.

While the market is overcoming the restraints such as financial crisis, unavailability of enough raw materials, and others, the demand for period panties is rising again to let the market expand further. According to FMI, the market is likely to get back to its feet by the end of the next year paving new paths to excel for the key market players.

Inquire Before Buying This Research Report: –https://www.futuremarketinsights.com/ask-question/rep-gb-10702

Who is Winning?

The global period panties market has a highly competitive environment. In order to sail through the cut-throat competition, the key market players are focusing on launching of better quality products.

For instance,

  • Knixwear launched its new range of absorbent, machine-washable, and comfortable leakproof period panties such as Leakproof Boyshort, Leakprooof High Rise, Leakproof Bikini, and others in 2020
  • Modibodi launched its new extensive range of period panties such as Seamfree Full Brief Heavy-Overnight Absorbency, High-Waist Bikini Heavy-Overnight Absorbency, and others in 2020. They are focusing on brining quality products for all body types of women to target wider range of consumers

More Valuable Insights on Period Panties Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global period panties market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (reusable, disposable), style (boy short, bikini, brief, hipsters, others), sales channel (online (e-commerce owned portal, company owned portal), offline (exclusive stores, multi-brand stores)), across six major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).

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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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Plush Blanket Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2031

The global plush blanket market  is expected to surpass a valuation of US$ 418.8 Mn in 2021 and at a CAGR of over 5.4% through 2031.

Base year (2020) Market Value US$ 398.1 Mn
Projected year (2021) Market Value US$ 418.8 Mn
Projected year (2031) Market Value US$ 710.5 Mn
CAGR% (2021-2031) 5.4% CAGR

High focus on home decoration and willingness to spend on interior décor items will emerge as chief growth drivers. Interior decoration and themed houses are turning trendy and for elegance and comfort, people are spending on fashionable and comfortable plush blankets.

To capitalize on this trend, some of the leading market players have been aggressively investing in promotional campaigns and advertisements. Some of focusing on innovative product launches such as the launch of non-toxic and sustainable plush blankets.

Customers are becoming eco-conscious and drawn to non-toxic and non-allergic blankets. The bedding quality and material used has gained popularity, especially among millennial consumers. To cater to this, leading companies have launched plush blanket made from biodegradable material, which can be recycled and reused.

Besides launching eco-friendly products, companies are partnering with environmental protection groups to promote cruelty-free and chemical-free manufacturing. Such efforts undertaken by various organizations such as Shades of Green, Boll & Branch, and Pottery Barn are likely to promote sustainable and eco-friendly bedding and help the market grow.

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Key Takeaways from the Plush Blanket Market Study

  • Full-size blankets are expected to hold the leading revenue share of 21.4% in the market in 2021.
  • The U.S. will hold a share 87.7% in North America in 2021, owing to the high penetration of key players in the country.
  • India is a key market in South Asia, registering growth at above 10.3% CAGR owing to higher spending on premium products in the country and increasing development in the real estate category.
  • Europe will continue showcasing lucrative opportunities for the plush blanket market. Demand in Germany and the U.K. will continue supporting growth in the region.

“Rising availability of plush blankets in attractive patterns, which include smooth, textured, dimple, cuddle soft, and velvet, with wonderful colours, is making them popular a inclusion to improve aesthetic of bedroom decor.” says an FMI analyst.

Who is Winning?

Some of the leading players in the market are Berkshire Blanket & Home Co., American Blanket Company, FleecePro, Sunbeam Products, Inc., ADORNit, Plush Addict Ltd., Robert Kaufman Co., Inc., Shannon Fabrics Inc., Venus Group, The Company Store, The Northwest Company, among others.

Market players are focusing on the expansion of their product portfolio. Some of them are increase their sales by expanding their business portfolio by collaborating with e-commerce supply channels.

For instance, in 2021, PIXERS launched a customized plush blanket that is soft and warm, suitable for the bedroom, kid’s room and the living room as a bedspread or additional cover. This factor helps the company to gain customer attention in the market.

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Plush Blanket Market by Category

By End-Use:

  • Residential
  • Commercial

By Type:

  • Twin
  • Twin XL
  • Full
  • Queen
  • King

By Sales Channel:

  • Direct Sales
  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Online retailing
  • Convenience Stores

By Region:

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

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

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Book Publishers Market to Reach at US$ 93 Bn in 2022 and US$ 136.1 Bn by 2032 at a CAGR of 2.6%

The book publishers market is estimated to surpass a valuation of US$ ~ 89,983.6 Mn in 2021 and at a CAGR of approximately ~3.9% through 2032.

The demand for diverse instructional, fictional, non-fictional, and books from various other genres has increased as the number of readers throughout the world has increased. This is one of the main causes of increased book sales among a wider demographic. The growth of the worldwide book publishers market will accelerate as a result of these causes.

increasing numbers of individuals are reading for leisure and relaxation, which is good for their health and wellbeing. Reading also helps people form relationships and social ties, which is thought to boost one’s chances of moving up the social ladder. These characteristics are encouraging reading, which is opening up opportunities for book publishers to increase sales.

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Key Takeaways from the Book Publishers Market Study

  • North America dominated the market and held the largest revenue share of in 2021 on account of the presence of a large number of independent publishers and publishing companies.
  • In terms of books type, the friction books are estimated to account for the highest value share in the book publishers market.
  • East Asia and South Asia are estimated to dominate the book publishers market.

“With emergence of social and technological changes, the rivalry between firms in the global book publishers market is becoming more intense. A few players in the market are creating a seed fund instead of buying author services, while others are partnering with the newly acquired author services company or merging with a competitor,” says an FMI analyst.

Impact of COVID-19 on the Market

The books market has shifted as a result of the new coronavirus pandemic. People’s ability to leave their homes and get closer to bookstores during the first lockdown in 2020 will have an impact on how many hard copies of books are sold.

However, as the greatest way for readers to adopt new trends, the demand for e-books and audiobooks is rising. Additionally, systems like online education and immersive learning promote market expansion.

It is presumable that the introduction of the newest software, hardware, and educational resources will offer a platform for readers to have a real-world experience. As people had free time after finishing their work during the pandemic, many people formed the habit of reading books and novels.

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Who is winning?

Leading manufacturers of books are focused on aggressive promotional strategies and advertisements that have driven sales growth of books globally. Major players present in the book publishers market are IDW Publishing, Morris Publishing, MARVEL, Scholastic Inc., Penguin Random House, Houghton Mifflin Harcourt., Pearson, MacMillan Publishers, Simon & Schuster, Inc., HarperCollins Publishers, Bertelsmann SE & Co. KGaA, Hachette Book Group, Planeta, and China South Publishing & Media Group Co., Ltd. among others.

Global Book Publishers Market by Category

By Books Type, Global Book Publishers Market is segmented as:

  • Cookbooks
  • History
  • Science Friction & Fantasy
  • Religion & Inspiration
  • Fiction
  • Mystery
  • Romance
  • Others (Horror, Comic, Biographies etc.)

By Region, Global Book Publishers Market is segmented as:

  • Supermarket/Hypermarket
  • Retail Shops
  • Specialty Stores
  • Online Retailers
  • Other Sales Channel

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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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Probiotic Cosmetics Market is Expected to Exhibit a Compound Annual Growth rate (CAGR) of 6.9%.

The probiotic cosmetics market is anticipated to achieve a valuation of US$ 302.7 Mn in 2021. Men’s growing awareness of skincare, self-care, and good appearance is going to be a major factor in the probiotic cosmetics market’s rise.

The primary goal of the players is to seduce young men. To assist them in achieving this, top cosmetic probiotic brands provide them with the best products available. Expansion of the portfolios of leading companies will help them gain a competitive edge in the market.

Men are becoming more conscious of the importance of grooming and appearance, which has increased demand for skin care and cosmetics, particularly probiotic products made specifically for men. The market for probiotic cosmetics is primarily driven by enduring self-consciousness and growing social pressure to look good.

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The top market participants’ expansion plans will also help the industry as a whole. For instance, companies like Esse, Leflore, Marie Veronique, and MenBiotics continuously spend on R&D to meet the changing preferences of their customers. Additionally, this will support the player’s efforts to increase their market share.

Key Takeaways from the Probiotic Cosmetic Market Study

  • In terms of product type, facial care products are projected to account for 40.2% of the total probiotic cosmetics market share in 2021. In terms of end-use, personal/individual will account for 63.0% of the total probiotic cosmetics market share in 2021.
  • As per FMI analysis, probiotic cosmetics demand is increasing in the United States. The US is expected to account for 88.7% of sales in North America in 2021.
  • The UK is a key market in Europe, registering a CAGR of 6.7% owing to higher spending on probiotic cosmetics in the country. Probiotic cosmetics sales via online sales channels will pick up pace globally.

“Cosmetic brands are expanding their penetration in the probiotic cosmetics market because probiotic reduces acne outbreaks and helps in managing eczema and dry skin. Furthermore, various brands operating in the probiotic cosmetic market are using virtual reality technology to motivate e-commerce shopping. Integration of advanced technologies facilitates personalizing online customer experiences. These advancements will drive sales in the market” says an FMI analyst.

Impact of COVID-19 on the Market

The new coronavirus outbreak had a significant impact, forcing the closure of all businesses and retail establishments that weren’t necessary. This has undermined corporate confidence, raised public anxiety, and created uncertainty about the future. Additionally, the COVID-19-related prolonged global economic downturns had a detrimental effect on the market for probiotic cosmetics.

Disruptions in the supply chain not only slowed consumer demand but also hurt the market. Additionally, the expansion of the probiotic cosmetics market was constrained by factors such as a lack of workforce, poor raw materials, a decline in the consumption of cosmetics, high production costs, and others.

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Who is Winning?

Leading manufacturers and suppliers of probiotic cosmetics are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales globally.

Major players present in the probiotic cosmetics market are L’Oreal SA, Procter & Gamble, Unilever Plc, Arbonne International LLC, KORRES SA, L’OCCITANE, Aurelia London., Johnson & Johnson Consumer Inc, Amway, Andalou, Aurelia London., BIO MILK Skincare, Columbia SkinCare., EMINENCE ORGANIC SKIN CARE, LeFlore(R) Probiotic Skincare, ESSE SKINCARE, Marie Veronique., and ESTEE LAUDER COMPANIES among others.

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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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Future Market Insights,
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