Freestanding Large Cooking Appliance Market to Grow at a CAGR of 4.3% from 2022 to 2032

The global freestanding large cooking appliances market is anticipated to be valued at US$ 19,494.8 Bn in 2022. Market size is anticipated to grow at a 6.1% CAGR, reaching US$ 29,700.4 Bn by 2032.

Electronic capabilities have enabled modern kitchen appliances to grow smarter. Modular kitchens are becoming increasingly popular due to the efficiency of integrated appliances. Makers are constantly allowing for more integrated fixtures, making them more accessible to the general public.

Modern retail forms such as malls, supermarkets, and megastores are becoming increasingly popular. As a result, makers of standalone kitchen appliances are profiting on this trend and cooperating with these end users.

Also, several manufacturers in this industry are developing cutting-edge appliances and services for the kitchen. Innovations in technology, such as the development of attractive, complex kitchen equipment that can be controlled via an app, are accelerating the demand in the market. As an increasing number of individuals are concerned about their personal health, the market for tranquil and clean kitchen appliances is increasing rapidly.

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Key Takeaways from the Freestanding Large Cooking Appliances Market Study

  • By sales channel, online retailers segment is projected to gain traction over the assessment period
  • India is expected to dominate the South Asia freestanding large cooking appliances market though 2032
  • The U.S. is expected to account for significant share in the global freestanding large cooking appliances market
  • In terms of product type, the freestanding hobs segment will witness highest growth over the forecast period
  • Based on application, the commercial segment will grow at a fastest rate through 2022 & beyond

Who is winning?

Energy-efficient goods are being developed by market participants by examining new raw material and production options, as well as novel thermal element designs. Some of the biggest companies on the market are always updating their product line with the most cutting-edge and cutting-edge technology. A significant portion of their R&D budgets is going into developing new products that take use of cutting-edge technology like artificial intelligence (AI) and the internet of things (IoT).

Major players present in the freestanding large cooking appliances market are Samsung Electronics Co. Ltd; Morphy Richards; LG Electronics Inc.; Whirlpool Corporation; Hitachi Appliances Inc.; Koninklijke Philips N.V.; AB Electrolux; Haier Group Corporation; GE Appliances; and Robert Bosch GmbH.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global freestanding large cooking appliances market, presenting historical demand data (2015-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the freestanding large cooking appliances market based on the product type (Freestanding hobs, Freestanding Ovens, others), application (residential and commercial), sales channel (hypermarkets/ supermarkets, convenience stores, online markets and others) across seven major regions.

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Freestanding Large Cooking Appliances Market by Category

Product Type:

  • Freestanding Hobs
  • Freestanding Ovens
  • Others

By Application:

  • Residential
  • Commercial

Sales Channel:

  • Wholesalers/Distributors
  • Multi-Brand Stores
  • Specialty Stores
  • Hypermarket/Supermarkets
  • Online Retailers
  • Other Sales Channel

Region:

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

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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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Widefield Imaging Systems Market to rise at 8.6% CAGR during forecast period by 2031

According to a recent study by Future Market Insights (FMI), the global widefield imaging systems market is expected to register high growth during the forecast period. The market is expected to grow from US$ 556.9 Mn in 2021 to over US$ 1.3 Bn by 2031. It is expected register a CAGR of around 8.6% over the forecast period (2021-2031).

Significant rise in cases of diabetic retinopathy is expected to propel the growth of the global widefield imaging systems market during the forecast period.  Widefield retinal imaging includes imaging of peripheral retina that is the main site of various ocular diseases.

Widefield imaging aids in diagnosis of peripheral retina diseases. Occurrence of eye diseases like vision impairment is rising among teenagers. Increasing usage of mobile phones and computers results into digital eye strain, and is mainly responsible for visual impairment among teenagers.

As per the Centers for Disease Control and Prevention, in 2020, approximately 6.8% of children below 18 years have been detected with vision and eye condition in the United States.

Increasing technological awareness and high focus on healthcare innovations are some of the factors encouraging the adoption of these instruments. Additionally, certain companies, as a part of their product strategies, are launching technologically advanced equipment, to consolidate larger market share.

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Government funding towards expansion of healthcare infrastructure will support growth in developing countries. Moreover, corporate contracts based on rent-to-own model is a feasible option in emerging economies such as India and Brazil which could create significant opportunities for manufacturers of widefield imaging systems to capitalize on.

Key Takeaways From Widefield Imaging Systems Market Study

  • Widefield imaging instruments will account for 80% sales in the global market in 2021 of.
  • Diabetic retinopathy is the most rapidly growing segment by indication, accounting for nearly 1/3rd of the market share.
  • Standalone type of modality will remain highly preferred, contributing 56.4% towards overall sales in the market in 2021.
  • Demand in hospitals accounted for 40.2% of widefield imaging systems sales in 2020.
  • North America will remain the dominant widefield imaging systems market globally, exhibiting a CAGR of nearly 8.6% between 2021 and 2031.

“Growing prevalence of diabetic retinopathy, technological advancements in imaging techniques, and favorable government policies are expected to drive the widefield imaging systems market over the decade,” says the FMI Analyst

Who Is Winning?

The key market players covered by FMI include Heidelberg Engineering GmbH, Visunex Medical Systems, Inc., Carl Zeiss Meditec AG, Clarity Medical Systems, Inc. Optos plc, and Centervue SpA.

The leading manufacturers of widefield imaging systems are focusing on new product development and launch of advanced versions of existing devices. Their aim is primarily to expand their portfolio to gain competitive edge. For instance:

  • In March 2020, Heidelberg Engineering announced the reintroduction of its HRT3 Rostock Cornea Module (RCM) to offer in vivo corneal confocal microscopy in its anterior segment product portfolio, supporting cornea specialists worldwide to further improve patient care.
  •  In August 2020, ZEISS announces new software for the IOLMaster® 700, with enhanced features and connectivity designed to improve the cataract surgeons’ workflow efficiency and support better outcomes for surgeons and patients.

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Want More Insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global widefield imaging systems market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights on widefield imaging systems segment based on component (instrument and software {image viewing software and data analysis and interpretation software}), indication (diabetic retinopathy, retinopathy of prematurity, pediatric retinal diseases, retinal vein occlusion, ocular oncology, uveitis, chorioretinal disease, glaucoma and others), modality (standalone and portable)  and end user (specialty clinics, hospitals and ambulatory surgical centers) across seven major regions.

Widefield Imaging Systems Market By Category By Component:

  • Instrument
  • Software
    • Image Viewing Software
    • Data Analysis and Interpretation Software

By Indication:

  • Diabetic Retinopathy
  • Retinopathy of Prematurity
  • Pediatric Retinal Diseases
  • Retinal Vein Occlusion
  • Ocular Oncology
  • Uveitis
  • Chorioretinal Disease
  • Glaucoma
  • Others

By Modality:

  • Standalone
  • Portable

By End User:

  • Specialty Clinics
  • Hospitals
  • Ambulatory Surgical Centers

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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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Pre-Shave Care Market will increase at a 5.3% CAGR, pushing the market size to US$ 13.4 Bn by 2032

The pre-shave care market is anticipated to attain a US$ 13.4 Bn by 2032. Market size is anticipated to reach US$ 7.9 billion valuation in 2022 , growing at a 5.3% CAGR.

Increasing demand for men’s grooming products is expected to create opportunities for growth in the pre-shave care market. Manufacturers are investing in advertising techniques, along with research and development to cater to the growing demand.

Men’s grooming routines among all age group have become more elaborate over the years, resulting in the development of numerous male grooming products, including pre-shave care products.

Further, consumers are getting more inclined towards getting pedicures, facials, and aromatherapy. Sales of men pre-shave care products are expected to grow significantly, owing to rising urbanisation and a growing tendency toward individualism.

In addition to this, increasing popularity of websites that sell men’s health and fitness products, as well as the rising number of magazines focused on men’s grooming and lifestyle, are contributing to the growth in the market.

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Key Takeaways:

  • Based on product type, sales of pre-shave foam are projected to grow at a 5.6% CAGR over forecast period.
  • By nature, demand in the natural segment will increase at a 7.9% CAGR over the forecast period.
  • In terms of price range, the mid-range segment will account for 55.6% of the total market share in 2022.
  • Based on sales channel, sales in the online segment will grow at a 8.3% CAGR through 2032.
  • The U.S. pre-shave care market accounted for 87.9% of the North America market share in 2021.
  • Germany held over 25.7% of the Europe pre-shave care market in 2021, and the trend is expected to continue over the forecast period.
  • In 2021, India accounted for 37.7% of the South Asia pre-shave care in 2021, emerging as a lucrative pocket in the region.

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Competition Landscape

Leading manufacturers of pre-shave care products are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the pre-shave care market are Claus Porto, Edgewell Personal Care Company, L’Oreal SA, Kiehl, Johnson & Johnson, Bold For Men, Energizer Holdings, Inc., Malhotra Shaving Products Ltd, Acqua DI Parma, Beiersdorf AG, Godrej Group and Siemens Healthcare among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global pre-shave care market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the pre-shave care market based on the product type (pre-shave foam, pre-shave cream, pre-shave gel, pre-shave soap and other pre-shave products), nature type (natural and conventional), consumer orientation (men and women), price range (low, medium, premium), sales channel (hypermarkets/supermarket, specialty stores, multi-brand stores, salon/grooming clubs, drug stores & pharmacies, online retailers, and other sales channel), across seven major regions.

Global Pre-Shave Care Market by Category

By Product Type:

  • Pre-Shave Foam
  • Pre-Shave Cream
  • Pre-Shave Gel
  • Pre-Shave Soap
  • Other Pre-Shave Products

By Nature Type:

  • Natural/Organic
  • Conventional

By Consumer Orientation:

  • Men
  • Women

By Price Range:

  • Low
  • Medium
  • Premium

By Sales Channel:

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Multi-Brand Stores
  • Salon/Grooming Clubs
  • Drug Stores & Pharmacies
  • Online Retailers
  • Other Sales Channel

By Region:

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

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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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Africa LED & OLED Displays and Lighting Products Market Future Trends, Leading Players, Segments & Regional Forecast By 2026 | Says FMI Analyst

According to a recent market report published by Future Market Insights titled, “LED & OLED Displays and Lighting Products Market: Africa Industry Analysis and Opportunity Assessment, 2016-2026,” the Africa LED & OLED displays and lighting products market was valued at US$ 684.9 Mn in 2015 and is expected to register a CAGR of 17.8% from 2016 to 2026.

According to analysts at Future Market Insights, “Increasing government support and introduction of new government projects for LED lighting is driving the growth of the lighting products market in Africa. Constant progression on ‘Lighting Africa’ (an initiative of IFC & World Bank), is further fuelling the growth of lighting products market in the region.” The growth of the LED and OLED display market in Africa is driven by factors such as a growing subscriber base for smartphones and increasing consumer spending on television services.

LED lighting products offer extended lifespan – around 50,000 hours of brightness – and work effectively while consuming less energy than traditional bulbs and CFLs. LED lighting products compete with traditional products with regard to parameters such as longer lifespan, energy efficiency, enhanced environmental friendliness, better durability, lower heat, and smaller size.

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The Africa LED and OLED products market is categorized on the basis of displays and lighting products. On the basis of displays, the market is further segmented as mobile displays, consumer TV displays and outdoor LED displays. On the basis of lighting products, the Africa market is segmented as product type and applications.

By product type, the market is sub-segmented into LED bulbs, bare LED tubes, LED fixtures and solar LED lighting. By applications, the market is sub-segmented as street lighting, down lighting, garden lighting, ceiling lighting, decorative and portable lighting, and others.

Market highlights

  • The consumer TV displays sub-segment was valued US$ 130.2 Mn in 2015 and is anticipated to register a CAGR of 18.8% during the forecast period. Introduction of off-grid solar powered television for rural areas of African region is expected to drive the growth of this market during the forecast period.
  • The LED bulbs sub-segment accounted for highest market share and was valued at US$ 193.9 Mn in 2015. However, the solar LED lighting sub-segment is expected to register a healthy CAGR of 28.6% during the forecast period.
  • Among applications, the street lighting segment accounted for the highest market share in 2015, occupying 37.6% share of the African lighting products market.

Regional insights

This report also covers trends driving each segment and offers analysis and insights regarding the potential of the Africa LED and OLED displays and lighting products market in some key countries including Nigeria, Ethiopia, Egypt, Congo, South Africa, Tanzania, Kenya, Algeria, Sudan, Morocco, Niger, Tunisia, and Gabon. Among these countries, Nigeria accounted for the largest market share in 2015, owing to development of telecommunications infrastructure and increasing internet governance, which in turn is driving the smartphones penetration in the country.

Vendor highlights

Key players in the Africa LED and OLED displays and lighting products market include Cree Corporation, Samsung Electronics Limited, GE Lighting, LLC, Sharp Corporation, OSRAM Licht AG, Daktronics Inc., Eaton Corporation, LG Display Co., Ltd., Barco N.V., Luceco Ltd., LED Lighting SA and Eagle Lighting.

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Market Segmentation

By LED and OLED Displays

  • Mobile Displays
  • Consumer TV Displays
  • Outdoor LED Displays

By Lighting Products

  • By product type
  • By application

Countries Covered

  • Nigeria
  • Ethiopia
  • Egypt
  • Democratic Republic of Congo
  • South Africa
  • Tanzania
  • Kenya

About Us

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

Contact:

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Suite 401, Newark, 
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Mobile Application Testing Solutions Market Future Growth, Segmentation, Competitive Landscape, Key Trends & Forecast 2022-2029

Mobile Application Testing Solutions Market size should create from US$ 6.0 Bn in 2022 to US$ 20.3 Bn by 2029, showing an astounding 19.0% CAGR some place in the scope of 2022 and 2029.

For their mobile application programming, associations are constantly searching for convenient updates and issue fixes. An application must, in any case, go through exhaustive testing each time it is revived.

This is a direct result of the way that even a tiny change in an application’s coding could impact the approach to acting of those capacities which are not exactly related clearly. Following the introduction of updates, backslide testing checks and confirms the overall display of a program.

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Key Takeaways of Mobile Application Testing Solution Market Study

  • Since automation testing may save costs and time while also producing more trustworthy findings than manual testing, it is anticipated that this market segment will account for a sizeable portion of total market revenue throughout the projection period.
  • In terms of all devices, smartphones are anticipated to see the highest CAGR due to the increased need for such devices to satisfy daily needs such as answering questions, gathering information, and finding answers.
  • Due to the rising popularity of messaging platforms, new innovative apps, and the region’s IT companies investing more money to meet rising customer demands for better mobile application testing, the Asia Pacific region is experiencing an impressive growth rate in the market for mobile application testing solutions.

m-Commerce Popularity driving the Demand for Rigorous Testing

The use of the m-Commerce distribution channel is anticipated to rise as more people choose to utilise the online wallet and e-Payment capabilities on their smart mobile devices. For mobile applications used for banking and financial services, developers are already providing extensive testing.

These cutting-edge, well tested programmes guarantee data security and get rid of the dangers of cyberattacks and privacy violations. During the projection period, these characteristics are anticipated to increase the market’s use of mobile application testing solutions. For instance, Apple Inc. lets customers use its Apple Pay app to make online payments on Apple Inc. phones. Additionally, some service providers are creating their own online payment applications. Therefore, expanded testing and debugging procedures must be carried out to ensure enhanced

More Valuable Insights on Mobile Application Testing Solution Market

FMI’s report on the mobile application testing solution  market  is segmented into five major sections such as type (interactive testing, automated testing), platform (windows, android, iOS, and other), device (smartphones, tablets), end-user (residential, corporate) and region to help readers understand and lucrative evaluate opportunities in the mobile application testing solution  market.

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Competitive Landscape

Key providers of mobile application testing solutions are focusing on adding new innovative capabilities into their current testing solution. This is helping them to enhance upgrade their mobile application testing solutions portfolio.

  • For an instance, in June 2019, IBM announced the expansion of quantum computing efforts to Africa in a new collaboration with the University of the Witwatersrand (Wits University) in South Africa. To expand the IBM Q Network to include Wits will drive innovation to benefit African-based researchers.
  • In May 2019, SAP SE announced project “Embrace,” a collaboration program with Microsoft Azure, Amazon Web Services and Google Cloud as well as global strategic service partners (GSSPs). “Embrace” puts the customer’s move to SAP S/4HANA in the cloud in the language and context of their primary industry, by recommending the platform, software, and services.

Mobile Application Testing Solutions Outlook By Category

By Type, Mobile Application Testing Solutions Demand is segmented as:

  • Interactive Testing
  • Automated Testing

By Platform, Mobile Application Testing Solutions Outlook is segmented as:

  • Android
  • iOS
  • Windows
  • Others

By Device, Mobile Application Testing Solutions Outlook is segmented as:

  • Smartphone
  • Tablet

By End User, Mobile Application Testing Solutions Outlook is segmented as:

  • Residential
  • Corporate

By Region, Mobile Application Testing Solutions Sales is segmented as:

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

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Global Mobile Application Testing Solutions Market Demand Analysis 2014-2021 and Forecast, 2022-2029

4.1. Historical Market (US$ Bn) Analysis, 2014-2021

4.2. Current and Future Market (US$ Bn) Projections, 2022-2029

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

To Continue TOC…

About Us

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 7-years.

Contact:

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Halal Nutraceuticals & Vaccines Market Current and Future Demand, Analysis, Growth and Forecast By 2031

ESOMAR-certified consulting firm Future Market Insights’ report, projects a steady growth of global halal nutraceutical & vaccines market. The report has forecast the market to reach a valuation of US$ 116381.3 Mn over the forecast period of 2021 and 2031.

Growing demand for halal dietary supplements from Muslim dominant countries is accelerating the demand of halal nutraceutical & vaccines across the globe.

Key players are investing heavily in order to adhere to the regulations of halal products to cater the demand. Initiatives undertaken and increased funding for the promotion of halal dietary supplements across Malaysia, UAE, Singapore and China will bolster the growth.

Development of halal products for vegetarian customers with the increasing prevalence of lifestyle disorders such as diabetes, obesity and others are propelling the demand for halal dietary supplements.

As per the FMI’s analysis, due to the high demand from the GCC countries, Indonesia and Malaysia for dietary supplements & other products, the market witnessed steady growth at 6.50% CAGR during 2016-2020.

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However, high cost of production in compliance to the regulation of halal certification will impede the market growth. Less production and demand from the U.S, the U.K and other western countries might hamper the demand.

Key Takeaways from FMI’s Halal nutraceutical & vaccines Market Study

  • By distribution channel, hospital pharmacies segment will remain highly sought-after for halal nutraceutical & vaccine sales.
  • In terms of application type, general wellbeing will retain its dominance, while immune & digestive health will account for second largest application
  • Halal dietary supplements will dominate the halal nutraceutical & vaccines market in terms of product over the forecast period
  • Indonesia and Switzerland will emerge as the leading market across Asia Pacific excluding Japan backed by the high demand of halal dietary supplements
  • UAE will emerge as the most lucrative market registering fastest growth in terms of value over the forecast period
  • Malaysia is anticipated to lead the Asia’s Halal nutraceutical & vaccines market, exhibiting the growth at 18.3% CAGR

Competitive Landscape

Prominent halal nutraceutical & vaccines market players profiled by Future Market Insights include Chemical Company of Malaysia Berhad, Abbott Laboratories, Nestle, Amway, Herbalife International of America Inc., AJ Biologics SDN BHD, Agropur Inc., PT Kalbe Farma TBK, Kotra Pharma SDN BHD, and Noor Vitamins among others.

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Abbott Laboratories and Herbalife International of America, Inc. are two leading companies dominating the global halal nutraceuticals & vaccines market.

While Abbott Laboratories is expected to focus on producing halal nutraceutical & vaccines for infants, women and specific therapeutic nutrition, Herbalife is emphasizing its business measures more towards consumer awareness through promotional campaigns.

Multinational food & beverage companies like Nestlé S.A. and Amway are also increasing their presence in the global halal nutraceutical & vaccines market to gain competitive edge.

Chemical Company of Malaysia Berhad, AJ Biologics Sdn Bhd., Agropur, Inc., and Kotra Pharma (M) Sdn Bhd, are also recognized as the leading companies in the global halal nutraceutical & vaccines market.

Increasing initiatives for the certification of halal products and demand from Middle East countries are widening the growth opportunities for the leading players. Increasing demand for halal dietary supplements across Malaysia and Indonesia will broaden the future expansion prospects for the market players.

More Insights on the Global Halal Nutraceutical & Vaccines Market

In its latest report, FMI provides detailed segmentation on the global halal nutraceutical & vaccines market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031.

In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (halal dietary supplements and halal vaccines), application type (sports nutrition, general wellbeing, immune & digestive health, bone & joint health, heart health, disease prevention, and weight loss), and distribution channel (hospital pharmacies, retail pharmacies, online sales, and super markets) across seven major regions (North America, Latin America, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Japan and Middle East & Africa)

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Halal nutraceutical & vaccines Market by Category

By Product Type:

  • Halal Dietary Supplements
  • Halal Vaccines

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Sales
  • Super Markets

By Application:

  • Sports Nutrition
  • General Wellbeing
  • Immune & Digestive Health
  • Bone & Joint Health
  • Heart Health
  • Disease Prevention
  • Weight Loss

About FMI:

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

Contact:

Unit No: 1602-006
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Plus Size Clothing Market is Likely to surge at a vigorous 5.7% CAGR during 2022 – 2032

The plus size clothing market is expected to escalate at a CAGR of 5.7 from US$ 601.7 Bn in 2022 to US$ 1,044.3 Bn by 2032.

The COVID-19 epidemic had a negative impact on the market share for plus-size clothing. The sales of plus size apparel have fallen as a result of a lack of labour, production issues like fabric shortages and order cancellations, lower exports, and a decline in consumer spending on non-essential items.

Sales of plus size clothing are anticipated to increase at the quickest rate during the duration of the prediction. The need for products that give the same level of luxury as customers in other sizes will increase the market for plus-size clothes between 2022 and 2032.

In response to the rising demand for plus size clothing, retailers are focusing on launching plus size apparel. In order to attract more customers, Walmart launched a new plus-size brand named Terra and Sky in 2018. High street plus size apparel retailers such as River Island, Marks & Spencer, and New Look offer a wide range of plus size items to suit demand.

This move by the multinational companies is anticipated to boost the sales of plus size clothing and plus size clothing market revenue growth in the forecast period.

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The market share for plus-size clothes is increasing as obesity and overweight problems become more prevalent. Additionally, the desire for plus size apparel that represents the most recent fashion trends rises as plus-size clients’ confidence in their bodies increases.

Strong fashion marketing and promotional efforts, especially on the covers of magazines like Vogue, Cosmopolitan, Elle, and Glamour, have increased plus-size women’s self-confidence and body acceptance, which has improved plus size clothing sales.

The market for plus size apparel has also been boosted by a number of factors, including celebrity endorsements and a positive public impression of persons who are plus sizes.

KEY TAKEAWAYS:

  • The male category is expected to lead the plus size clothing market in terms of customer orientation.
  • The casual wear category dominated the plus size clothing market, with a CAGR of 4.8 percent, due to increased acceptance and acceptability of casual wear among consumers for social occasions.
  • During the forecast period, the mid-priced plus-size clothing segment is expected to dominate the plus size clothing market.
  • With the greatest obese population and the most money spent on plus size clothing, the United States leads the market.
  • The Asia-Pacific region is forecast to grow at the highest rate, resulting in rising obesity rates among individuals in the next years.
  • Europe is expected to develop rapidly in the global plus size clothing industry from 2022 to 2032.

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COMPETITIVE LANDSCAPE:

Key companies profiled in the plus size clothing market report include Forever21 Inc., MANGO, H&M Hennes & Mauritz AB, Hanesbrands Inc., FTF IP COMPANY, INC., Lucky Brand LLC, Under Armour®, Inc., NIKE, INC., ASOS plc, RALPH LAUREN CORPORATION, and WHP Global (Anne Klein).

There is tremendous manufacturer competition in the plus size clothing market. New product introductions, assisted by advertisements and promotional events organised by major manufacturers and designers, are driving the growth of the plus size clothing market.

RECENT DEVELOPMENT:

Partnerships, Product Launches, Collaborations, and Agreements:

  • Customers were thrilled when LOFT, a business that creates contemporary women’s clothing, announced the addition of a plus-size category to its catalogue in 2018.
  • PVH bought True & Co., an online start-up, in 2017 to expand their plus-size innerwear product line.
  • The name “Evans Outsize” has been changed to “Evans.” In 2018, Marks and Spencer replaced the phrase “plus size” with “curve” to appeal to customers.

Key Segments

By Product Type:

  • Casual Wear
  • Formal Wear
  • Sportswear
  • Others

By Consumer Orientation:

  • Male
  • Female

By Size Type:

  • 1 XL
  • 2 XL
  • 3 XL
  • 4 XL
  • Above 4 XL

By Price Range:

  • Economy
  • Mid-Range
  • Premium

By Region:

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

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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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Gym Apparel Market is Likely to surge at a vigorous 6.2% CAGR during 2022 – 2032

The global gym apparel market is estimated to follow a growth rate of 6.2% during the forecast years 2022 to 2032. The net worth of the gym apparel market share is expected to reach US$ 384.8 Billion by the year 2032, increasing from US$ Billion in the year 2021.

The global market assessment on gym gear goods reported that during the first few months of the Covid-19 pandemic, gym apparel sales significantly decreased. Having said that, this new market research analysis on gym apparel data explains some of the positive effects of Covid-19, which were crucial in driving up demand for gym clothing in the years that followed.

Many people were urged to start their own personal gyms or join ones in their communities in response to the lockdown’s increasing length. Very soon after the Covid-19 pandemic outbreak, there was a significant increase in the number of people going to the gym every day, which fueled the expansion of the gym clothing business.

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Gym gear producers are introducing new innovative components into their products to meet the current demands of the burgeoning smart wear trend.

Furthermore, several technological advancements aimed at boosting user performance and comfort are projected to help the gym gear business. One of the biggest breakthroughs for the rising trends in the gym gear market is the introduction of smart nanotechnology fabric.

Key Takeaways

  • The present value of the global gym apparel market is estimated to be around US$ 210.8 Billion in the year 2022.
  • The net worth of the global gym apparel market is expected to witness an absolute increment of US$ 174 Billion over the forecast period of 2022 to 2032 that may take the net worth up to US$ 384.8 Billion by the end of 2032.
  • Sweatshirts and tanks are the most popular product type segment of the gym apparel market share that is expected to witness the highest the growth rate of nearly 4% during the forecast period.
  • Online retailers or e-commerce platforms are the rapidly expanding segments for the global gym apparel market future trends on the basis of the supply chain.

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Leading Companies Profiled in Gym Apparel Market are

  • Adidas AG
  • ASICS Corp
  • Columbia Sportswear
  • Dick’s Sporting Goods Inc.
  • G-III Apparel Group Ltd.
  • Gildan Activewear Inc.
  • Hanesbrands Inc.
  • Nike Inc.
  • PUMA SE
  • PVH Corp
  • VF Corp
  • New Balance

Key Segments

By Product Type:

  • Shirts
  • Pants
  • Shorts
  • Sweatshirts
  • Hoodies
  • Tank-top
  • Others

By Material Type:

  • Nylon
  • Wool
  • Polyester
  • Others

By Consumer Orientation:

  • Men
  • Women
  • Unisex

By Sales Channel:

  • Direct Sales
  • Franchised Stores
  • Specialty Stores
  • Online Retailers
  • Mono Brand Stores
  • Wholesalers or Retailers
  • Other Sales Channel

By Region:

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

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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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Peripheral Intravenous Catheter Market Will Generate New Growth Opportunities in Upcoming Year

The global peripheral intravenous catheter market is expected to observe steady growth in 2016, reaching beyond US$ 3.8 Bn by 2016 end. Wide adoption of catheterisation techniques in patient examination, diagnosis, and treatment is anticipated to fuel the demand for PIVC. Rising disease prevalence will play a key role in driving the market growth. North America is likely to remain the largest market; Asia Pacific is expected to emerge at the fastest rate.

Soaring disease prevalence will remain a prominent factor driving the demand for catheterisation, in turn pushing the market for PIVC. Apart from its usage in drug administration, increasing adoption of peripheral intravenous catheter in body fluid collection during a patient’s physical examination, is also identified to be a key driver to market growth.

Prevalence of infections and epidemics are expected to further spur the demand for catheters in hospitals, clinics, ambulatory surgical centres, home healthcare units, and other healthcare centres. In addition to constantly enhancing healthcare infrastructure, the healthcare spending of consumers is also on the rise, which will favour the market growth.

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Technological advancements in PIVC will particularly hold a positive impact on sales, boosting the market. Peripheral intravenous catheter is considered superior to its other counterparts, which will continue to drive adoption as a preferred option over other catheter types, eventually supporting the sales of PIVC.

Moreover, there have been rising efforts toward manufacturing peripheral intravenous catheter using non-irritant, user-friendly material. Moreover, manufacturers are targeting PIVC design improvisation to eliminate the associated complications. This is projected to be a major factor positively influencing the market growth.

A few qualitative and technological complications associated with material composition, design, and after-effects of PIVC are expected to continue affecting mass adoption. In addition, market growth may be restricted due to expensive prices of peripheral intravenous catheter, especially in emerging economies. Conventional PIVC sales can also witness a drop owing to certain stringent medical device regulations in some of the developing countries.

By product, short peripheral intravenous catheter segment will remain dominant over integrated/closed peripheral intravenous catheter segment. Short PIVC segment is further sub-segmented into ported PIVC and non-ported PIVC. While short PIVC segment is expected to register the largest market share of over 71% in 2016, integrated/closed PIVC segment will witness significant Y-o-Y growth of 8.2%. Among the two sub-segments of short PIVC, non-ported PIVC is likely to remain dominant over ported PIVC.

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On the basis of technology, safety peripheral intravenous catheter will continue to gain higher traction than conventional PIVC.

Based on end-user, hospitals segment is likely to generate the maximum PIVC demand. Ambulatory surgical units will also record decent demand. Peripheral intravenous catheter will register maximum revenue sales in 2016 in hospitals, accounting for over 60% market share. Ambulatory surgical units will remain the second most lucrative PIVC end-user segment.

By region, North America is expected to continue the leading position with around 45% share of the entire market revenues in 2016. Europe will continue to be the second largest market for PIVC with a value of over US$ 1.0 Bn in 2016. Asia Pacific is anticipated to emerge as the fastest growing region. Compared to a 5.8% of Y-o-Y of North America, APAC will witness a stronger Y-o-Y growth in 2017 over 2016.

Some of the leading players in peripheral intravenous catheter market, include Becton Dickinson and Company, B. Braun Melsungen AG, Smith Medical, C. R. Bard, Inc., Vygon Group, Terumo Corporation, and Tangent Medical.

Market Segmentation

To understand and assess opportunities in the global peripheral intravenous catheter market, we have divided the report into four sections based on market segmentation as under:

By Product Type

  • Short PIVC
  • Ported PIVC
  • Non-ported PIVC
  • Integrated/closed PIVC

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By Technology

  • Conventional PIVC
  • Safety PIVC

By End-user

  • Hospitals
  • Ambulatory surgical centres
  • Clinics
  • Home use
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

About FMI:

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

Contact:

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Massage Guns Market is Projected to Reaching US$ 1,042.5 Mn by 2032 | More People are Favouring Massage Chairs

The global massage guns market to reach a valuation of US$ 509.0 Mn in 2022. Sales are projected to increase at a 7.4% CAGR, with the market size reaching US$ 1,042.5 Mn by 2032.

More people are favouring massage chairs with quick recovery times. Manufacturers of massage guns are embracing consumer-centric strategies to boost their sales and brand recognition.

Because they are portable and simple to use, massage guns are popular among athletes. Ideally, only a few factors play a role in consumers’ choice of purchases. Brand identity has a big influence on a lot of them. Not all of them, though, exhibit brand loyalty.

In order to strengthen their presence across various channels and develop a strong brand portfolio, businesses must act immediately. The functionality follows.

For instance, in the case of massage gun, consumers often judge them on the basis of their efficiency. Therefore, products with higher wattage are likely to enjoy better goodwill which will be drawn by higher convenience and efficiency.

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Consumers are increasingly adopting e-commerce platforms to purchase electronic items including massage gun, as they can avail special discounts and prices on a wide range of products.

In addition to this, e-commerce websites also help make the products as per the specific requirements of the customer, even if the product is not available in the market in a particular region. Leading e-commerce sites, including Alibaba and Amazon, are offering an extensive range of products from around the world.

Factors such as easy product accessibility, convenience, and ease of shopping irrespective of geographic presence will continue pushing sales of massage guns through online channels over the forecast period.

“Increasing preference for portable massage guns among sports personnel and athletes is expected to drive sales in the market. Besides this, growing popularity of smart massage gins with temperature and vibration control is anticipated to augment the growth in the market,” says an FMI analyst.

Key Takeaways:

  • · Based on size, mid-size/handheld massage guns are predicted to account for a dominant share of the market through 2032.
  • · In terms of battery type, demand for rechargeable guns is projected to increase at a 7.7% CAGR through 2032.
  • · By sales channel, the indirect sales segment is anticipated to hold 83.8% of the total market share.
  • · In terms of end user, demand for massage guns likely to escalate among athletes at a 8.8% CAGR over the assessment period.
  • · U.S. will emerge as a lucrative pocket in North America massage guns market. Sales in the North America market are slated to increase at a 3.6% CAGR.
  • · Surging demand for rechargeable massage guns in the U.K. will place it as an attractive market, leading the Europe massage guns market.

Who is winning?

Leading manufacturers of massage guns are focusing on smart promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the Massage Guns market are Therabody, LifePro, Hyperice Inc.,Renpho, Everyfun, HydraGun, Muscle Gun, Massage Guns Ireland, Recovapro, Essential Massage & Therapy Co.,Achedaway, Medcursor and Others.

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Global Massage Guns Market By Category

By Purpose:

  • Small Size/handheld
  • Mid-Size/Professional
  • Large Size/Powerful

By Battery:

  • Rechargeable
  • Replaceable

By Sales Channel:

  • Direct Sales
  • Indirect Sales

By End User:

  • Athletes
  • Chiropractor
  • Fitness Enthusiasts
  • Expectant Women
  • 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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