Market Research Blog – Page 11516 – New Product Development

Commercial Restaurant Rangers Market Outlook, Current and Future Industry Landscape Analysis 2030

Commercial restaurant rangers used at the core part of food-service industry. This product have a significant use in the kitchen. . commercial restaurant rangers are the most used and versatile piece of cooking equipment that are used in restaurant kitchens. Commercial restaurant ranges are highly preferred as they are capable of performing numerous functions like the grill, warm, bake, simmer, braise, boil, and few others.

Commercial restaurant ranges are available in different types in the market which include electric, gas, and dual-fuel rangers. The number of meals offered by restaurants on daily basis is high due to which the preferences for commercial restaurant rangers are high in the market.

The extraordinary flexibility provided by commercial restaurant rangers while cooking in the commercial kitchens is increasing product adoption among user. This product feature is one of the most important factors in itself that is likely to facilitate market growth.

Global Commercial Restaurant Rangers Market: Market Dynamics

There has been observed a shift in restaurant preferences for kitchen appliances. Restaurants are now moving more towards electric appliances.

The rising demand for electric commercial restaurant rangers is likely to facilitate market growth as electric commercial restaurant rangers are more efficient and also cooks evenly as compared to the gas rangers. This rise in demand for electric rangers in the market is expected to facilitate market growth.

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Trends for Commercial Restaurant Rangers Market

The trend of product development with the aim to provide maximum efficiency continue to prevail in the commercial restaurant rangers market. One such company is Electrolux AB, that has designed its line of commercial rangers to include features like ecotop that reduces heat dispersion guaranteeing more efficiency, ecoflame that shuts burners off on removing the pan keeping pilot flame on and full surface induction.

Opportunities for Commercial Restaurant Rangers Market

The requirement in the case of commercial restaurant rangers differs from restaurant to restaurant. Few players in the market are opening doors for new opportunities by providing customized commercial restaurant range solutions ranging from designs to performance.

One such brand is Molteni, that provides luxurious customized commercial restaurant rangers. Preference for hyper-convenience in the food service industry has opened new opportunities for the players.

Challenges for Commercial Restaurant Rangers Market

Amid the covid-19 outbreak, the restaurant business is one of the hardest-hit segments. As the restaurant business is temporarily under pressure the sales of the commercial restaurant rangers are low currently.

This scenario is likely to remain until the restaurant business revives and is back on the track. Maintaining the sales level of commercial restaurant rangers is one of the major challenges for the players operating in the commercial restaurant rangers market.

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Global Commercial Restaurant Rangers Market: Key Players

Some of the key players operating in the global commercial restaurant rangers market are

Imperial Commercial Cooking Equipments Company
ITW Food Equipment Group LLC
Atosa Catering Equipment Inc.
Comstock-Castle Stove Company
American Range Corporation
Electrolux AB
The Middleby Corporation
Thor Kitchen

Addition of new features is likely to be innovative strategy adopted by these players which in turn is expected to fuel the growth of the commercial restaurant rangers market in near future.

Commercial Restaurant Rangers Market: Regional Outlook

North America followed by the European regions dominates the commercial restaurant rangers market as penetration of the product is high, followed by a higher adoption rate. The product penetration is also significant in commercial sectors of Latin America and Oceania.

Other regions like East Asia and South Asia are likely to register high growth of commercial restaurant rangers market during the forecast period as the restaurants in these regions are now shifting to adopt modern kitchen equipment that provide greater cooking flexibility. Whereas, Middle East and Africa are expected to register a stable growth due to significant penetration of the food-service industry

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Global Commercial Restaurant Rangers Market: Market Segmentation

By Product Type

Gas Commercial Restaurant Rangers
Electric Commercial Restaurant Rangers
Dual Fuel commercial restaurant Rangers

By Bynumber of burners

Upto 2
3 to 5
6 to 8
9 & above 9

By Colour

Black
White
Silver
Others

By Functionality

Conventional
Modern

By Width

Below 20 inches
25-30 inches
31-35 inches
35-40 inches
Above 40 inches

By Price Range

High
Medium
Low

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Portable Blenders Market Key Players, Types, Applications, Countries, Industry Size and Forecast to 2030

A device or appliance used to mix or emulsify substances is called a blender. Blenders are of two main categories, stationery and portable. While stationery blenders require a consistent power supply, portable blenders do not require mains power supply and hence can be operated anywhere required.

Portable blenders come in various shapes and sizes as well as differ in the sizes of motors. Various portable blenders have rechargeable batteries as well. This battery powered portable blenders are of advantage to health and fitness enthusiasts as they serve the purpose very well.

Portable blenders are very inexpensive and can be charged using computers, car chargers, USB based power supply etc. Portable Blenders are very genuine product for office use, gym use, picnics and campsites. Different models are available for maximum user convenience.

Portable blenders have several benefits over their counterparts which help one to eat healthily easily and are much easier to travel with than full-sized blenders. Owing to the above mentioned factors, global Portable Blenders market is anticipated to witness maximum growth in the coming years.

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Portable Blenders Market: Dynamics

Growth in the number of fitness enthusiast, healthy eating habits as well as improved convenience are important factors driving the portable blenders market growth. Availability of different shapes and sizes and models with several manufacturers at every level further contributes towards market growth.

Easy availability of portable blenders on e-commerce platforms as well as stores is anticipated to create further opportunities for the market in the coming years.

The low wattage and voltage of portable blenders with high charging capacities and longer run time are some of the key developments in the potable blenders technology. Small cordless mini blenders for time-pressed healthniks has set trend in the global market.

The COVID-19 pandemic has impacted the global economy at various levels no industrial sector has been spared. As a result, a substantial slowdown in manufacturing in the first six months of 2020 has been witnessed as it reverberates through every industry.

For the rest of the year the outlook still remains uncertain as the scope of the pandemic and its effect on production and demand & supply chains which is anticipated to impact the overall global Portable Blenders market growth.

Portable Blenders Market: Regional Outlook

In Asia Pacific region, owing to the rise in disposable income, growth in the adoption of western culture is, health awareness is the major factor contributing towards the growth in portable blenders market in the region.

In countries such as India and China the sales of kitchen appliances have witnessed a boost in recent years, owing to growth in e-commerce industry.

North America is anticipated to dominate the portable blenders market owing to growing healthcare activities, rise in number of fitness enthusiasts and fast lifestyle which is among the most important factor that is expected to drive the portable blenders business in the region

Latin America also shows promising growth in the portable blenders market. Increasing demand for portable blenders with increasing number of working professionals is expected to propel market growth in Latin America. In Europe, changing consumer preference towards the healthy lifestyle is anticipated to positively portable blenders market.

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Portable Blenders Market: Key Participants

Some of the key market participants in the global Portable Blenders market, identified across the value chain include:

Hamilton Beach
Sunbeam Products, Inc.
Blendjet
Keyton
Little bees
Blufied
Nutri Bullet
BELLA HOUSEWARES
Conair Cuisinart
Ckeyin Mini Portable Blender
Godmorn Portable Blender
Pop Babies
TOPQSC
Oster
BILACA

The report covers exhaustive analysis on:

Portable Blenders Market Segments
Portable Blenders Market Dynamics
Portable Blenders Market Size
New Sales of Portable Blenders
Current Trends/Issues/Challenges in the Portable Blenders Market
Competition & Companies Involved in Portable Blenders
New Technology for Portable Blenders
Value Chain of the Portable Blenders Market

Regional analysis includes:

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

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the Portable Blenders market
In-depth Portable Blenders market segmentation
Historical, current, and projected Portable Blenders market size in terms of volume and value
Recent industry trends and developments in the global Portable Blenders market
Competitive landscape
Strategies of key players and products offered in the global Portable Blenders market
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Portable Blenders market performance
Must-have information for market players in Portable Blenders market to sustain and enhance their market footprint

Portable Blenders Market: Segmentation

The global Portable Blenders market can be segmented on the basis of Product Type and Distribution Channel.

By Product Type

Plastic Container Type
Glass Container Type
Stainless Steel Type

By Distributional Channel

Supermarkets/Hypermarkets
Convenience Stores
Independent Retailers
Online Sales
Others

Adult Incontinence Products Market SWOT Analysis, Key Indicators and Forecast to 2029

Bladder leakage also known as incontinence can happen at any time at any age of a person’s life. Adult incontinence affect millions of people around the world. To prevent incontinence, several product offerings are there in the market which are best known as adult incontinence products.

The growing aging population coupled with the rising concerns related to health, fuel the growth of adult incontinence products such as , pads etc. Moreover, increasing risk of urinary incontinence have pushed consumers for the usage of adult incontinence products at a high rate.

Adult incontinence products market hold a major market share in developed countries such as North America, Europe, owing to high awareness level of sanitary products and hygiene. Rising product availability on online platform also drive the adult incontinence products market forward.

Asia Pacific countries such as China, India are primarily expected to drive the adult incontinence products market owing to the rising health concerns among Asia Pacific population coupled with the high concentration of Chinese players in adult incontinence products market

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Adult Incontinence Products Market: Market Dynamics

Incontinence products have become the necessity product for those who have bladder leakage problem. This problem is primarily seen in aged population due to decreasing health immunities. Aged population are not only the contributor to the adult incontinence products market. Obesity, child birth, prostate surgeries, and other several factors affect the younger generation and increase incidences of incontinence.

The incontinence has several forms which open up a wide area of opportunity for manufacturers. Manufacturers have focused on product innovation to absorbency levels, skin friendliness, breathability and odor control of adult incontinence products. The new development of adult incontinence products such as disposable diaper & pads, protective underwear and other products have helped the manufacturers to grow in the market.

Manufacturer of adult incontinence products are currently focusing on new product development with an aim to serve younger generation along with the aged population. Technological innovation in adult incontinence products has remained the key factor to success.

With the advancement of technology, the adult incontinence products has become better performing, better absorbing capability and thinner. Expanding aging populations and sanitary & hygiene awareness have become the key factors to drive the global adult incontinence products market. High incidence of bladder leakage will act as an opportunity for manufacturers to come up with more innovative products in future.

Developed countries are expected to hold higher market share for adult incontinence products compared to developing countries owing to greater product awareness, and availability on online platforms apart from its physical sales.

Adult Incontinence Products Market: Regional Outlook

The growing aging population coupled with the rising health concerns are among the factors to drive adult incontinence products across the globe. The adult incontinence products market are considered higher in developed economies such as North America and Europe owing to high consumer awareness on sanitary & hygiene products, greater products availability and higher concentration of manufacturer in the region respectively.

Increasing number of health facilities and care centers also increases the change of using adult incontinence products for patients. East Asia and South Asia is expected to grow at a significant pace during the forecast owing to the fast pace of healthcare infrastructural development in the region.

Moreover, growing medical tourism in China, India has also pushed the Asia Pacific sanitary market which in result, drive the usage of adult incontinence products. Oceania is expected to boost the adult incontinence products market owing to higher demand in healthcare facilities and high adoption rate among individuals.

Advance healthcare infrastructure and growing hygiene awareness among consumers have fueled the usage for adult incontinence products in the region. Latin America is also expected to gain a significant market share while Middle East and Africa (MEA) is expected to grow slower than other regions due to slower development of healthcare facilities as compared to other regions.

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Adult Incontinence Products Market: Key Players

The global adult incontinence products market represents a fairly consolidated competition landscape, where a majority of key players maintain their strategic focus on innovation and new product development. Some of the key players in adult incontinence products market are Kimberly Clark, SCA Unicharm, First Quality Enterprise, Domtar, Covidien, PBE, Medline, Hengan Group, Coco, Daio Paper, Hakujuji, PandG, Kao, Hengan and others

Adult Incontinence Products Market: Market Segmentation

The adult incontinence products market is segmented into different categories based on the product type, nature, end-user, price, application, sales channel and region.

Based on product type, the adult incontinence products market is segmented into:

Diaper
Protective Underwear
Disposable Underpads
Pads & Liners
Wipes
Disposal Bags & Pails
Skin Care Products
Others

Based on nature, the adult incontinence products market is segmented into:

Organic
Conventional

Based on end user, the adult incontinence products market is segmented into:

Men
Women

Based on price, the adult incontinence products market is segmented into:

High
Economy/Mid-Range

Based on application, the adult incontinence products market is segmented into:

Individual
Professional/Commercial
Healthcare Facilities (Hospitals, Clinics etc.)
Salon & Spa
Other

Based on sales channel, the adult incontinence products market is segmented into:

Direct Sales
Supermarkets/Hypermarkets
Pharmacies & Drug Stores
Specialty Outlets
Independent Small Stores
E-Retailers
Other Sales Channel

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Salon Chairs Market Outlook, Current and Future Industry Landscape Analysis 2029

Growth of entertainment and fashion industry has encouraged people to spend more on grooming which in turn has led to increasing number of independent salon chains across the worldwide. Thus, salon chairs continues to witness lucrative opportunities across the globe.

Moreover, increasing number of salons opting for electric reclining salon chairs is proving new growth opportunity to the salon chairs market. This factors is encouraging manufacturers for product innovation and adding features in the salon chairs such as automatic water spray, automatic reclining and other features.

The trending convergence of all-purpose salon chairs, which have more adoption rate, is further anticipated to create remunerative growth opportunities for the salon chairs market. On the other hand, increasing popularity of wellness and beauty sector is positively impacting the salon chairs manufacturing sectors, creating demand for electric and hydraulic salon chair.

Furthermore, antique and vintage salon chairs have their own importance. Premium salons are in sure of using them for providing unique experience to their customers. On back of these factors global salon chairs market is expected to witness a significant growth during the forecast period.

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Global Salon Chairs Market: Market Dynamics

Drivers for Salon Chairs Market

Increasing purchasing power in developing countries such as Thailand, Brazil, India, China and others allows the consumers to spend more on their grooming which in turn is increasing number of salons across the world. This factor drives the sales of salon chairs. Increasing number of salon in the developing countries due opening of new malls, and shopping complex is expected to drive growth of the salon chairs market.

Increasing number franchises salons across the world is significantly boosting sales of salon chairs in terms of volume around the globe. Moreover, an increase in urbanization, disposable income and e-commerce penetration are expected to fuel growth of the salon chairs market in Latin America, South Asia and East Asia.

Trends for Salon Chairs market

Salons are increasing adoption of the electric reclining salon chairs for their ease in use. Furthermore, luxury salon are increasing adoption of the automated salon chairs to attract customers. Salon owners in the regions including North America and Europe are engaged using demographics specific salon chairs such as elderly salon chairs for old people, kid salon chairs for children and normal salon chairs for rest demographics.

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Opportunities for Salon Chairs Market

Increasing spending of the salon owners on advertisement and promotional activities associated with salon is expected to attract customers towards salon which in turn is expected to boost growth of the salon chairs market during the forecast period.

Challenges for Salon Chairs market

High price associated with the salon chairs is challenging use of modern and all-purpose salon chairs at small salons. Increasing number of companies such as UrbanClap which provides salon services at home is restraining growth of the salon chairs market. Moreover, increase in the purchasing of ‘do it yourself’ grooming products like trimmers, razers, facemasks and other products is hindering growth of the salon chairs market.

Salon Chairs Market: Regional Outlook

East Asia and South Asia together are expected to hold a prominent share in the global salon chairs market due to presence of large population going for salon on a weekly basis. North America and Europe are expected to have a significant share of automated and all-purpose salon chairs in the global salon chairs market.

Moreover, increasing urbanization in Latin America and Middle East & Africa is expected to support growth of the salons chairs market in these regions.

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Global Salon Chairs Market: Key Players

Some of the key players operating in the global salon chairs market are Marc Salon Furniture, Mae’s, K.O. Professional, Dir Belgrano, Icarus, Memphis, Delano, Takara Belmont, Walcut, Lexus, LCL Beauty, Omwah and others. These players are expected to positively influence growth of the Salon chairs market during the forecast period. `

Global Salon Chairs Market: Market Segmentation

On the basis of product type the global salon chairs market has been segmented as

Conventional salon chairs
Antique/ Vintage salon chairs
All-purpose salon chairs
Modern salon chairs
Others

On the basis of functionality the global salon chairs market has been segmented as

Heavy Duty
Electric
Reclining
Hydraulic
Others

On the basis of mode of operation type, the global sdalon chairs market has been segmented as

Automatic/ Semi-automatic
Manual

On the basis of applications, the global salon chairs market has been segmented as

Barber Shops
Beauty Centers
Others

On the basis of price range, the global Salon chairs market has been segmented as

Premium
Mass

On the basis of demographics, the global Salon chairs market has been segmented as

Kids Salon Chair
Regular Salon Chairs
Elderly Salon Chairs

On the basis of distribution channel, the global salon chairs market has been segmented as

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

Ultrasonic Pulse Velocity Tester Market revenue driven by increasing infrastructural investments across the globe by 2027

Ultrasonic pulse velocity tester market revenue driven by increasing infrastructural investments across the globe. Sales of ultrasonic pulse velocity testers to be the highest in North America.

Considered as a pre-requisite in the construction industry, to evade any adversities, materials used for building, construction, and manufacturing activities have to undergo laboratory or on-site testing to be deemed fit for any habitation, translating into increased demand for efficient laboratory-grade non-destructive ultrasonic testing solutions for material science research in both, developing and developed nations.

As per a recent in-depth analysis by Future Market Insights (FMI), demand for ultrasonic pulse velocity testing solutions is steadily increasing, for its application in void and crack detection, non-destructive strength measurement, infrastructure and construction testing, material science and research, homogeneity detection, and elasticity measurements.

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Moreover, with increased focus on reducing the time-to-market (TTM), translating into demand for efficient, low TTM testing equipment, will directly contribute to the global sales revenue of ultrasonic pulse velocity testers. Therefore, growth of the testing equipment market will remain critical to the non-destructive ultrasonic testing market. In addition, ultrasonic pulse velocity testers’ ability to supplement coring thereby allowing cost-effective ameliorated representative evaluation of the concrete strength of the whole structure, will drive its demand further, predicts FMI.

The demand for ultrasonic pulse velocity testers is anticipated to grow at a stable rate of 5.5 percent, through 2019, reaching a revenue of US$ 470.5 Mn during the same period. While void and crack detection will remain the single largest application, holding over 22 percent market share, in terms of end-user vertical concrete, glass and building materials will witness maximum adoption of ultrasonic pulse velocity testers pumping concentrated revenue, through the assessment period of 2018-2027. The concrete, glass and building materials segment is projected to hold over 18 percent market share in 2023, as per the report on ultrasonic pulse velocity tester market

Representing a steady year-on-year growth, the global ultrasonic pulse velocity tester market is pegged to expand at a rather robust growth rate of 6 percent, through 2027. Rampant growth of the commercial construction and infrastructure sector will prominently escalate the demand for ultrasonic pulse velocity testers at a global level.

However, as significant demand for ultrasonic pulse velocity tester prevails, the report also projects that manufacturers offering ineffective after-sale customer services, translating into eventual transition towards other ultrasonic testing types, could prove to be critical market restrainers.

Key Players Hold 44% Market Share

The global ultrasonic pulse velocity tester market represents presence of a number of player, with the top participants including Controls S.p.A., Proceq Group, James Instruments Inc., Impact Test Equipment Inc., Humboldt Mfg. Co., holding relatively prominent market share—collectively contributing nearly 44 percent the global revenue share. These market players secure a prominent position in the global ultrasonic pulse velocity testers market owing to their highly diverse product offering portfolios. The overall forward market strategies in the ultrasonic pulse velocity tester market includes:

Key players placing significant importance on expansive product offering and product advancements.
Strategic business relationships and contracts with distributors and suppliers in all the business regions.
Affordable pricing, quality solutions, and services will remain instrumental in growth strategy.

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Key Segments

By Application

Non-destructive Strength Measurements
Void and Crack Detection
Homogeneity Detection
Elasticity Measurements
Infrastructure and Construction Testing
Material Science and research
Other Applications

By End Use Vertical

Aerospace and Defence
Chemicals and Petrochemicals
Concrete, Glass and Building Materials
Educational Research
Oil and Gas Refineries
Sewage and Water Treatment Facilities
Construction Engineering, Remodelling and Design

By Transducer Frequency Range

24kHz – 50kHz
Above 50kHz, upto 100kHz
Above 100kHz, upto 150kHz
Above 150kHz

Key Regions

North America
- U.S.
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Europe
- Germany
- U.K.
- France
- Spain
- Russia
- Rest of Europe
APEJ
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of APEJ
Japan
MEA
- GCC Countries
- Israel
- South Africa
- Rest of MEA

Ultrasonic Pulse velocity Tester Market: Regional Insights

Developing markets including South East Asia Pacific and, also Middle East Africa, are likely to offer significant growth prospects to key manufacturers of ultrasonic pulse velocity testers, considering large scale development of infrastructural projects in the regions, including commercial building and residential areas.
North America will occupy a dominant position in the global ultrasonic pulse velocity testers market, owing to high to medium presence of manufacturers in the region.
Infrastructural upgrades such as educational institutions in regions like Brazil and China, is expected to create attractive opportunities for ultrasonic pulse velocity testers manufacturers.

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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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Laboratory Ovens Market is expected to register a CAGR of 4.4% by the year 2027

Laboratory Ovens Market likely to approach US$ 470 million towards the end of 2019 and expected to register a CAGR of 4.4% over the forecast period 2018-2027. Although laboratory ovens have been categorized on the basis of their simplicity, many manufacturers in laboratory ovens market are focusing on developing second-tier features such as enhanced reliability and independent temperature safety and shut off. The demand for laboratory ovens is expected to grow at a moderate rate of nearly 4.4% in 2019, according to a forecasted report by FMI (Future Market Insights) on laboratory ovens market, globally.

The average laboratory ovens are expected to become obsolete within the seven years of manufacture and moreover, repair of damaged and old laboratory ovens turns out to be costly and time-consuming.

This in turn makes the purchase of new laboratory ovens cheaper compared to the former method and need for growing awareness regarding the regular maintenance of laboratory ovens gives research institutes opportunities to develop programs regarding the same.

North America to Register Maximum Sales of Laboratory Ovens; To Outpace Europe

North America is projected to hold massive market share in laboratory ovens market by expanding at a steady pace in 2019.

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Dental laboratory ovens is expected to be the major attribute towards the regional growth. With increasing number of dental diseases and dental caries, demand for technologically advanced products comes in play, thereby driving the need for laboratory ovens in the region.

Growing availability of skilled professionals, rising awareness regarding oral hygiene and significantly increasing dental clinics stimulates the growth of North America laboratory ovens market. Moreover, constant advancement in healthcare facilities by U.S. government further propels deployment of laboratory ovens in North America.

Vacuum Ovens to Witness Steady Expansion

Vacuum ovens are expected to hold a quarter share in laboratory ovens market through 2019 with surging demand from forensic, clinical and research laboratories, in order to cater to the growing needs of delicate drying processes such as removing flammable solvents and drying tiny parts.

Manufacturers such as Scientific Digital Imaging plc are taking up immense efforts in expanding their global distribution networks by making strategic acquisitions and are introducing new territories that would help them in reducing manufacturing costs and increase sales. In addition, emergence of vacuum ovens that deliver maximum efficiency in purging solvents such as the butane hash oil, is expected to further dive-in opportunities for expansion of customer-base in laboratory ovens market.

Forensic Laboratories to Hold Bright Future

Forensic laboratories are expected to expand at a moderate pace in the laboratory ovens market in 2019. With increasing number of forensic investigations due to rising number of crime rates such as terrorist bombings and gun violence across the world, demand for laboratory ovens in forensic laboratories is expected to increase.

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Advanced forensic technologies including portable usage of the color chemistry for the purpose of identifying chemical and biological weapons, sensing technologies, DNA-profiling techniques, enhanced extraction of the fingerprints from metals such as gun cartridges and fragments further drives the usage of laboratory ovens by forensics.

Market Segmentation

By Oven Type

Gravity Convection
Mechanical Convection
Vacuum Ovens
Cleanroom Ovens
Others

By Capacity

Small Capacity (Under 2 cu. Ft.)
Standard Capacity (2 cu. Ft-6 cu. Ft.)
Large Capacity (Above 6 cu. Ft.)

By End-User

Biosafety Laboratories
Clinical and Medical Laboratories
Incubator Laboratories
Production Laboratories
Research & Development (R&D) Laboratories
Others

Key Regions

North America
- U.S.
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Europe
- Germany
- U.K.
- France
- Spain
- Russia
- Rest of Europe
APEJ
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of APEJ
Japan
MEA
- GCC Countries
- Israel
- South Africa
- Rest of MEA

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Natural Cosmetics Market is witnessing a moderate CAGR by the year 2027- FMI

Natural Cosmetics Market was valued over US$ 36 Bn in 2019, witnessing a moderate CAGR during forecast period 2019 – 2027. Natural cosmetics sales surpassed 2 billion units in 2018, totaling a market value worth US$ 36 billion in 2019. A new study by FMI forecasts that natural cosmetics market will grow at 4.8% in 2019. Key factors fuelling demand for natural cosmetics include,

Growing consumer concerns regarding the side effects of chemicals in cosmetics & toiletries
Demand for natural ingredient percolating from food to non-food products including cosmetics & personal care
Dissemination of knowledge regarding benefits of natural ingredients and increasing ethical consumerism

The study finds that household consumption of natural cosmetics remains higher as compared to their demand in commercial spaces of salons & spa. Consumer preference for organic and natural products is no more limited to food & beverages landscape, with organic cosmetics sales surging in recent years. According to FMI, sales of natural cosmetics in the household segment is likely to account for over two-third of the global revenues in 2019.

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Hair Care Natural Cosmetics Accounted for Nearly One-Third Sales in 2018

The study revealed that in addition to growing popularity of natural skin care products, consumer preference for natural hair care products is also growing. Plant-based hair care products are witnessing popularity among an increasingly growing consumer demographic looking for chemical-free products for daily use. These factors are also fuelling the natural skin care product category, which is set to grow at over 5% in 2019 over the previous year.

“Skincare and hair care products are among the traditional products used for grooming and have witnessed significant evolution in formulations wherein plant-based and organic products are trending in the cosmetics & personal care industry. A combination of hair care and skin care products accounted for over half the natural cosmetics market revenues in 2018 and the status-quo will continue in the coming years,” says FMI.

Unisex Natural Cosmetics Top Selling, Male Products Gaining Traction

The study finds that sales of unisex natural cosmetics have spearheaded the market for many years. In 2019, the trend is likely to continue and the sales of unisex natural cosmetics will hold over one-fourth of the global revenues. Consumers’ greater orientation towards unisex natural cosmetics can be attributed to their higher sales in the market.

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The increasing interest of male grooming is a new trend in the industry which is expected to translate into higher sales in the ‘for men’ category in 2019. Natural cosmetics for females are also gaining popularity, as local manufacturers use their traditional herbal know-how in delivering broader and safer natural cosmetics portfolio.

Distributors Accounted for 2 in 10 Sales of Natural Cosmetics in 2018

FMI’s thorough study of the distribution network of the natural cosmetics market reveals that wholesalers or distributors remain the preferred choice for the purchase of natural cosmetics among consumers. Over 2 in 10 natural cosmetics products were sold through wholesaler or distributors in 2018.

Apart from this conventional sales channel, consumers also prefer convenience stores to purchase natural cosmetics. While sales through convenience stores were comparable to that of wholesalers or distributors, hypermarket/supermarket and specialty stores also continue to register considerable unit sales of natural cosmetics. Consumers also chose online purchase option, however, limited options of premium products restrict the sales as consumers prefer cost-effective and reliable products.

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Natural Cosmetics Sales in Europe Continue to Surge

FMI opines that Europe will be the largest consumer of natural cosmetics and APEJ and North America are expected to follow suit. Europe has a sophisticated legislative framework for cosmetic market players to enter the EU market.

Further, Europe’s love for natural plant-based ingredients combined with the region’s efforts to promote sustainability is fueling the demand for natural ingredients. In Europe, demand remains concentrated in EU5 countries which include Germany, France, Italy, Spain and the UK, wherein presence of an extensive distribution network with a number of sales channels, the natural cosmetics market is attracting new consumers.

The FMI report tracks the natural cosmetics market for the period 2018-2027. According to the report, the natural cosmetics market is projected to grow at 4.9% volume CAGR through 2027.

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Waterproof Socks Market is projected to reach USD 33.9 million by 2027

Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, Global Waterproof Socks Market Global Industry Analysis, Forecast.

As per newly released data by Future Market Insights (FMI), the waterproof socks market is estimated at USD 28.0 million in 2022 and is projected to reach USD 33.9 million by 2027, at a CAGR of 3.3% from 2013 to 2021

Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

The team of researchers at Future Market Insights are focussing on research and market study to produce different Waterproof Socks Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Waterproof Socks Market.

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2013-2021 Global Waterproof Socks Market Outlook Compared to 2022-2027 Forecast

Waterproof socks have been gaining traction among target customers, especially among people involved in activities such as trekking, swimming, cycling, snow sports, etc. Waterproof socks are a new type of socks that have been designed to meet the requirements of customers engaged in the adventure and sports industries.

Furthermore, waterproof socks are also being considered as a hygienic consumer goods since they are anti-bacterial by property. There are various diseases that one suffers from, which are mostly caused by various harmful bacteria and viruses. As a result, most healthcare professionals urge people to wear waterproof socks. Waterproof socks tend to prevent bacteria from entering into the feet during outdoor or extra-curricular activities.

Key Players

Global Waterproof Socks Market key vendors include :

Wigwam Corporation
Camaro GmbH
Randy Sun
Bridgedale Outdoor Ltd.
Okamoto Corporation
Recreational Equipment, Inc

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Segmentation

The Waterproof Socks market is segmented into application, form, end use industry, source and geography.

On the basis of product type

mid-calf length waterproof socks
ankle-length socks
knee-length socks

On the basis of application

trekking
water sports
cycling
snow sports
outdoor
other activities

On the basis of gender

male
female
unisex

On the basis of sales channel

wholesaler/distributor
supermarket/hypermarket
specialty store
independent store, club store
online store

Regional Segments Analyzed Include

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

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Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

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Hair Styling Products Market is anticipated to progress at a steady CAGR of 5.2% by 2029

The global hair styling products market is currently valued at around US$ 22.37 Bn, and is anticipated to progress at a steady CAGR of 5.2% to reach US$ 29.77 Bn by 2029.

A growing consumer tendency to experiment with trending hair styles and colors is primarily assisting the global demand for hair styling products. While cumulatively rising instances of hair loss and several other hair related problems are likely to be prominently responsible for the surging sales of hair styling products, a new market research study by Future Market Insights has cited celebrity endorsements to be playing a vital role in popularizing an extensive range of hair styling products worldwide – especially among consumers based in developing economies.

Research reveals that in the steadily expanding hair care landscape, hair styling accounts for a considerable share of more than 13%. A dramatically increasing rate of consumer demand for hair coloring, straightening, and perming that has been observed to be popular among millennial population, and hair coloring and styling treatments among the geriatric population are expected to widen the scope of hair styling products penetration in the near future. With more number of customers opting for chemical procedures and treatments for styling their hair in a different manner, it is more likely that the traction for hair bond multipliers would also rise in coming years.

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Europe Leads the Pack, Sales to Gain Momentum in Developing Economies

The FMI study forecasts just-under 5% yearly growth in revenue for the global hair styling landscape in 2020, over that estimated for 2019. A senior research analyst says, “The rapidly increasing number of salons and spas, and growing consumer inclination towards adopting recent hair styling trends will be the most prominent factors boosting popularity and sales of hair styling products across developing regions”.

With over 20% share in the total market value, Europe is likely to continue the lead over other regions. The EU5 and Nordic countries are in the bandwagon for growth of the region’s hair styling products landscape. The growing availability of skincare and hair care products, and rising purchasing power of consumers will reportedly supplement the expansion of hair styling products landscape across developing economies.

Salons & Spas Making up for over 25% of Hair Styling Products Demand

Currently, hair gel, hair spray, styling creams and waxes, and hair mousse are witnessing prominent sales. The report indicates that with around 1/4^th of the global market revenue, hairspray is likely to top the bestselling hair styling products, followed by hair styling creams and waxes.

Strong demand growth across all end use segments is likely to provide an impetus to the growing sales of hair styling products in global market for hair styling products. Salon and spa are projected to contribute more than 25% to the total demand for hair styling products. Sales analysis across the fashion industry also reflects a significant share in total sales of hair styling products.

However, household application of hair styling products is anticipated to create the most lucrative revenue generation opportunities for hair styling products manufacturers in coming years.

The Shift-to-Organic Trend Is Already Invading Hair Styling Products

A major consumer concern that involves longstanding reluctance of consumers to use chemical-based hair styling products has been accounting for a significantly growing preference for organic hair styling products based on natural ingredients.

After Sephora’s highly profitable line-up of natural hair styling products launched across North American and Asian markets, Mizani has recently uncovered a brand new range of natural hair styling products, catering to the thriving trend of natural and organic hair styling products. A wide range of natural hair styling products were unveiled under Unilever’s recently launched ecofriendly brand – Love Beauty and Planet.

Elaborating on a growing trend of natural and organic hair styling products in the global market, the analyst says, “While researchers have repeatedly unleashed a range of potential side effects and severe hair damage conditions post using chemical hair styling products and treatments, it has become imperative for manufacturers to introduce a sustainable, safe range of products based on natural, non-chemical ingredients”.

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More Hair Styling Products Manufacturers Are Going Online

While hair styling products for unisex currently cover over 1/3^rd share of the total market value, the report projects relatively higher traction for hair styling products for men over the course of coming years. Products for women will continue to witness moderately growing sales.

With online sales extending the lion’s share in sales of hair styling products, it is most likely that the rampant penetration of Ecommerce would translate into enhanced revenue growth prospects for hair styling products market.

C-stores have also been cited as a highly lucrative channel of distribution for hair styling products, in the report. Moreover, hair styling products manufacturers are presumably discovering attractive sales avenues through hypermarkets/supermarkets, says the report.

Key Players Focus on Targeted Product Launches & Strategic M&A

P&G has been a leader when it comes to product differentiation; the company recently launched a novel, customized hair styling products range specifically targeting the African-American demographic. L’Oréal S.A., according to the key company analysis presented in the report, maintains the strategic focus on mergers and acquisitions – aspiring enhanced outreach in domestic, regional, as well as international markets. One of the recent acquisitions include that of Matrix Essential.

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Waterproof Speaker Market is Projected to Increase at a CAGR of 7.0 % by the end of 2027 | FMI

According to a market report published by Future Market Insights titled ‘Waterproof Speaker Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027,’ the revenue generated by the market is estimated to be valued at US$ 6740.55 Mn in 2018, which is projected to increase at a CAGR of 7.0 % during the forecast period (2018-2027).

In the global waterproof speaker market, companies across the globe are focusing on research & developing and the launching of new product variants, which is a key factor driving demand for waterproof speakers across the globe. Companies operating in the market are constantly investing a significant amount on research and development activities to cater to the evolving needs of customers who are seeking authentic and specialised products. Waterproof speakers have standard features such as style, basic functionality and durability.

Technological advancements in several audio devices has changed the manner in which people appreciate and play music. An increase in the demand for wireless-based audio devices, which include portable waterproof speakers with different connectivity options such as Bluetooth & Wi-Fi, sound-bars, headphones and microphones, has been witnessed in the audio industry. Moreover, the demand for waterproof speakers and similar other devices from end users is gaining traction. This has expected to drive the North America market over the forecast period.

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The manufacturers of waterproof speakers have also adopted some key differentiating strategies. For instance, brands operating in the market are targeting mass consumers. They are also offering waterproof speakers with advanced features at competitive prices. The manufacturers of waterproof speakers are also seeking product innovation due to an increase in the awareness of consumers with respect to different brands in the waterproof speaker marketplace, as well as to maintain a proper value chain to reach the proper target audience and to reduce the cost of the final product. Manufacturers are focused on developing high-value waterproof speakers due to the rising consumer demand for better and more effective value-added products. Furthermore, the rising diversity of premium waterproof speakers on retail shelves is also expected to contribute to the increasing value share of the market in the near future.

Features, such as long-range connectivity, robustness and the availability of products on e-commerce platforms, are expected to boost the market. The functionalities of multi-room sharing via small devices, i.e., the pairing of multiple portable waterproof speakers via a single device to make compact devices produce louder sounds, are increasing the demand for waterproof speakers in the market. The rising popularity of waterproof speakers among the millennial population is also a major driver of the waterproof speaker market.

The global market is segmented on the basis of regions, which include North America, Latin America, Asia Pacific Excluding Japan (APEJ), Europe, Middle East & Africa and Japan. Among all the regions, the North America and Asia Pacific excluding Japan regions are estimated to have a substantial value share. The North America region is expected to grow with the highest growth rate of 8.3% owing to the growing number of smart homes in the region. In terms of revenue, the value of the market was US$ 6,327.4 Mn in 2017.

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Key Players in the Waterproof Speaker Market

Detailed profiles of companies are also included in the global waterproof speaker market report to evaluate their strategies, key product offerings and recent developments. Some of the key players profiled in the global waterproof speaker market study include Bose Corporation, HARMAN International, Apple Inc., Yamaha Corporation, Sony Corporation, Logitech International S.A., LG Electronics Inc., Samsung Electronics, Panasonic Corporation, Sound United LLC, Philips, LIXIL Group, Anker, Ematic, G-Project Gear, 808 Audio, ROCKVILLE, FosPower, AOMAIS and Altec Lancing.

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