Current Research, Industry Analysis, Drivers, Trends, Business Overview, Key Value, Sales, and Forecast for the Bamboo Products Market from 2022 to 2032

Demand for bamboos is expected to rise primarily due to rising demand from key end-use sectors such as paper & pulp, building & construction, textile, and wood. According to a new Future Market Insights (FMI) analysis, the worldwide bamboos Products market will grow at a high double-digit CAGR from 2022 to 2029, reaching a value of US$ 12 billion in 2029.

Attribute Details
Bamboo Products Market Estimated Size 2022 US$ 6.9 Bn
Bamboo Products Market Value-based CAGR (2022-2032) ~ 6.1%
Bamboo Products Market Projected Size 2032 US$ 12.4 Bn

Bamboo is a multi-purpose forest product that is important in both residential and industrial economies around the world. Due to its availability and versatility, bamboo and bamboo-based products are utilised for a wide range of interior and outdoor applications.

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Key Takeaways – Bamboos Market Study

The pulp & paper end-use industry segment in the global bamboos market is witnessing high growth, and is expected to follow the same trend over the forecast period owing to utilization of bamboo as a raw material in the production of paper & pulp.

Bamboo produces about 35% more oxygen as compared to other trees. Additionally, its biomass is an efficient and cheap fuel for power generating units. As a result of this, the power sector is focusing on bamboos as a source of fuel for power generation.

Asia Pacific (APAC) is expected to maintain its dominance in the global bamboos market throughout the forecast period in terms of volume as well as value. This can be mainly attributed to the growing construction industry in China and India, supported by surging infrastructural investments. APAC has more than half of the total bamboo species available in the world.

Thriving penetration of green building technologies is supporting the demand for bamboos due to utilization in construction of scaffolding. Moreover, there is a continuous demand for bamboo furniture, plywood, and outdoor decking in various countries.

Who Is Winning the Bamboos Landscape?

The global bamboos market is fairly fragmented, with small- and medium-scale enterprises accounting for major market share in the global market. Some of the key market players included in the report are Moso International B.V., Bamboo Village Company Limited, and Shanghai Tenbro Bamboo Textile Co. Ltd.

New product launches and developments are some of the key strategies adopted by market players to retain their position in the global bamboos market. The companies are engaged in continuously participating in different events, conferences, tradeshows and seminars to market their newly launched products across the globe.

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Bamboos Market – Regional Analysis

High growth in construction, pulp & paper, and furniture industries is expected to be a key driving factor for bamboos market growth. China is a large exporter of processed bamboo products such as bamboo plaiting, bamboo shoots, bamboo panels, wood charcoal of bamboo, etc., whereas countries such as the U.S., Canada, and other European countries where very small bamboo resources are available import bamboo products requirement from other bamboo-rich countries.

Know More About What the Report Covers

FMI, in its new research report offers an unbiased analysis of the global bamboos market, presenting historical demand data (2014-2021) and forecast statistics for the period 2022-2029. The study reveals insights on the bamboos market and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the bamboos market value chain.

Readers can also find key trends and market growth scenarios based on end-use industry and regions such as North America, Latin America, APAC, and Europe and Middle East & Africa (EMEA).

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Bamboo Products Market By Category

Product Type:

  • Lifestyle Products
  • Furniture
  • Home Décor Items
  • Kitchenware & Cutlery
  • Personal Accessories
  • Yarn & Textiles
  • Building and Construction Products
  • Bamboo Structures
  • Gazebos
  • Cottages
  • Partition Boards
  • Prefabricated Houses
  • Packaging and Storage Products
  • Bags
  • Boxes
  • Pallets
  • Educational and Recreational Products

End-User:

  • Personal and Residential
  • Commercial
  • Industrial and Infrastructure

Sales Channel:

  • Online
  • Offline

Region:

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

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About FMI             

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

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Die Casting Services Market Trends: COVID-19 Influenced, Dormant in the Near Term, Projects FMI 2022– 2030

The market for die casting services is anticipated to grow as aluminium die casting becomes more and more widespread. The market for die casting services is anticipated to reach over US$ 90 Bn by the end of 2030, increasing at a CAGR of 9.7% between the forecast period of 2020 and 2030, according to a recent study from Future Market Insights (FMI).

Attribute Details
Estimated Die Casting Services Market Size 2022 US$ 42.10 Bn
Projected Die Casting Services (2030) Market Size US$ 89.76 Bn
Value CAGR (2022-2030) 10.0%
Die Casting Services Market Top Players Share in 2021. 25%-35%

The demand for environmentally friendly vehicles is rising as environmental safety is being stressed more and more. In order to comply with environmental rules and laws and to achieve maximum fuel efficiency and minimal emissions, the need for lightweight components is rising. Therefore, it is anticipated that demand for die castings would increase during the coming ten years.

Lightweight metals like aluminium are in high demand within the casting industry to meet these objectives. As a result, in the casting markets, aluminium has surpassed steel in popularity. The market for die casting is benefiting from the growing use of lightweight alloys like aluminium.

Aside from the automobile business, where high-quality aluminium is becoming more and more in demand, particularly for luxury automakers, other industries like construction are also observing a switch from the traditional metal steel to aluminium. This change is recognised as a major force in the worldwide die casting market.

Additionally, the die casting business is advancing technologically, increasing die casting capacity to provide higher production in shorter manufacturing times.

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Key Takeaways

East Asia is expected to be the largest market for global die casting services market for the forecast period 2020-2030
High pressure die casting is the leading product segment, however gravity die casting services are gaining significant growth
Automotive industry holds a dominant place in the global die casting services market
Growing concern regarding fuel efficiency and emissions in automotive sector are the major trends influencing the global market
South Asia is forecasted to provide significant growth opportunities for the manufacturers during the period 2020-2030

Covid 19 impact

Businesses all throughout the world have been touched by the COVID 19 epidemic in one way or another. Different industries have been influenced by the lockdowns that the nations imposed.

The construction and automotive industries are among the worst affected globally.

Since the start of lockdowns caused by the epidemic in March 2020, there has been a drop in global sales of cars and consumer items. Even the consumer side has been severely hit because many people’s incomes have halted as a result of job losses. As a result, people refrain from purchasing consumer products.

The epidemic has had a significant impact on the global die casting sector, with manufacturing stopping and transportation coming to a complete halt.

This mindset is affecting the global die casting market in a negative way, as automobile and consumer goods sector along with construction sector are incurring heavy losses due to this.

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Who is winning?

Die casting services have a huge global market potential, thus the industry’s operators are strongly reliant on R&D to progress technology and gain an edge over rivals.

In addition, the introduction of new products is anticipated to provide competitors an advantage. Additionally, with the aid of mergers and acquisitions, corporate expansion to serve a larger population continues to be one of the core goals of the firms.

For instance, businesses are acquiring and integrating specialised die casting foundries in order to serve a larger customer base.

For instance, in 2018, Dynacast Inc. purchased Schlieper Druckguss, a zinc-specific specialised die casting company, and Tauus ’80 Precision Die Casting to create a new company named Form Technologies.

Carlton Die Castings Ltd., Form Technologies, Handtmann Group of Companies, Koch Enterprises Ltd., Premier Die Casting Company, Expromet Technologies Global Limited, Elcee Group B.V., Dean Group of Companies, Koch Enterprises Inc., MRT Castings Ltd., JPM Group, NovaCast Limited, Arrow Butler Castings Ltd, Lupton & Place Ltd., Spark Minda, Kuusakoski Group, NEMAK, Ryobi Limited, Lina

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About FMI             

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

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Market Growth, Analysis Report, Share, Trends, and Overview for Baby Personal Care Products 2022–2032

According to a Future Markets Insights analysis, the growing demand for baby personal care products is here to stay despite the COVID-19 pandemic’s effects on the world economy (FMI). Along with the increased concern about baby skin care routines, recent launches in the luxury product category and personalisation based on demographics are anticipated to be the primary market drivers. In a recent analysis released by FMI, it was predicted that the market for infant personal care products would expand at a CAGR of 6.5 percent from 2022 to 2032, reaching a market value of 89 billion (US) dollars by the end of the forecasted year.

Attributes Details
Baby Personal Care Products Market Value in 2020 US$ 74 Bn
Baby Personal Care Products Market CAGR (2022-2032) 6.5%

Market for baby personal care products always had a conventional customer base for personal hygiene products like diapers. However, a spike in the demand for premium products like wipes and training pants is witnessed, especially in the developing countries. This new trend has opened up a wide range of market penetration opportunities and potential for innovations in the segment for the manufacturers.

Although skin care products enjoy the number one position in the baby personal care products market, other categories like oral hygiene and hair care products are gaining popularity.

In addition to this, increase in market potential and opportunities due to these trends is getting a huge push by the growing demand for organic and natural products. Thus giving a whole new area for manufacturers to explore and find niche.

FMI’s report provides a comprehensive overview of the market, covering important market dynamics.

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Key takeaways from the report:

  • Market players are focusing on bringing innovative products, keeping in mind the demands of the consumer
  • Focus on products with ingredients that are natural and non-toxic is going to be the future of the baby personal care products industry
  • Online sales channels are seeing an upper hand over conventional stores, owing to the restrictions put forth by the pandemic
  • Skincare is gaining prominence, while personal hygiene products account for a sizeable share
  • Europe is going to be the largest market for premium products throughout the forecasted period
  • Developing countries are emerging as the potential market for baby personal care products

Steady Growth Expected Despite COVID-19

As the world came to a standstill with lockdowns imposed by the governments across the world, the impact on the market of baby personal care products was significant. Retail channels being one of the worst hit due to shortage of labor and transport restrictions, major reliance on E- commerce was the only way to move ahead.

The lockdown has forced industries and online service providing platforms to join hands in order to cater to the customers. In a way, e – commerce has come to the rescue by redefining commercial activities globally.

Meanwhile the segment of population that was not open to online shopping has also shown its willingness to adapt during these turbulent times.

The lack of transport facilities in the beginning of the lockdown have left a dent in the baby personal care products market. However, experts believe that market is going to recover soon with restrictions being lifted by governments in phases across the world.

“As the industry recovers from the effects of pandemic on its business, focus on premium products and bringing in new range of organic and 100 % natural products will shape the market in a positive way in the near future” quotes a lead analyst at FMI.

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Who is winning?

Some of the market players featured in the baby personal care products report are Me n Moms Pvt. Ltd., Klee Naturals, Tubby Todd Bath Co., Hindustan Unilever Limited, Johnson & Johnson, L’Oreal, Kimberly Clark, Colgate-Palmolive, Beiersdorf AG, Shiseido, Ontex Group, Biotique, Himalaya Global Holdings Ltd., Weleda Inc., The Clorox Company (Burt’s Bees), Babylist Inc. (Earth Mama Organics), among others.

Product launches will remain a key strategy adopted by market players to gain competitive advantage. The baby personal care products industry holds immense potential globally. Companies are introducing products which satisfy the kids as well as the adults. The reason being, products that are healthy and safe top the list for adults and products that are fun and attractive appeal to the kids.

For instance, Tree –Free baby wipes by Caboo are made from bamboo spun lace and are rich in vitamin E, chamomile flower and aloe Vera leaf. While this gives the baby a soothing touch, it also gives the adults satisfaction to adults of doing their tiny bit for the planet.

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About FMI

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

Contact: 

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Business Overview, Future Trends, Growth, Analysis, and Forecast for the Pet Toys Market through 2031

The pet toys market is projected to rise at a healthy 7.2% CAGR for the period of projection from 2021 to 2031. The growing rate of pet ownership, increased interest in pet humanization trends, and the development of pet care hospitality facilities are key factors that contribute to the rise of the pet toys market. Consumers are increasingly looking out for customized and personalized products for individual pets, despite higher prices. In addition, the trend of using toys for behavioral training is expected to influence developments within the market.

“Pet owners have increasingly expressed interest in purchasing sustainable products, while maintaining safety standards for animals. This in turn has encouraged pet toy manufacturers to explore natural materials for their offerings in line with the needs of eco-conscious pet parents,” says the FMI study.

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Pet Toys Market – Important Takeaways

  • Plastic and rubber toys remain popular materials for toy production, owing to superior durability and standardization for product quality.
  • Ecommerce sales will reflect a relatively faster rate of growth, backed by internet penetration and discount offers from manufacturers.
  • India is emerging as a high potential market owing to the expansion of the consumer class of millennial pet owners.
  • The U.S. accounts for significant revenue share owing to consumer preference spending on pet luxury.

Pet Toys Market – Driving Factors

  • Sustained growth in cat and dog ownership rates is a major factor positively influencing pet toy sales.
  • The increasing popularity of facilities such as pet hotels and day care centers generate key growth opportunities.
  • Major advances in products for cognitive training for pets is bolstering sales in the industry.

Pet Toys Market – Leading Constraints

  • Concerns over the widespread proliferation of low-quality toys, by small-scale manufacturers is a key concern restricting adoption.
  • Lack of awareness about toys for training purposes is restraining sales prospects around the world.

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Expected Impact on Market by Coronavirus Outbreak

The global covid-19 pandemic had a moderately negative impact on the pet toys market. Restrictions on production operations and social distancing guidelines have limited manpower and disrupted supply chains during the crisis. In addition, restraints on international trade had affected product availability.

On the other hand, pet ownership rates have grown during the forecast period, creating sales opportunities for manufacturers, partially mitigating losses to manufacturers during the pandemic. Demand is expected recover steadily over the coming decade, with increasing sales activity occurring from online distribution channels.

Competition Landscape

Some of the major players participating in the pet toys market include but are not limited to Honest Pet Products, Central Garden & Pet Company, Company of Animals Ltd., Cosmic Pet, Petsport USA Inc., Zyppy Paws, Mammoth Pet Products, Radio Systems Corporation, Jolly Pets, Multipet, Fluff and Tuff Inc., Kyjen Company LLC, West Paw, KONG Company, Ethical Products Inc., Benebone LLC, Coastal Pet Products Inc., and Petmate.

Major manufacturers in the pet toys market have been largely involved in the launch of new products to bolster their product portfolios, in addition to strategies aimed towards licensing and geographical expansion.

In March 2021, PetSmart unveiled its Brain Games training course aimed towards mental stimulation goals including courses on dog reading, object recognition and more, improving communication between pet and owner. Further, Chewy, the online pet toy shop has unveiled a new range of 400 products for cats and dogs based on Marvel, Disney, Star Wars, and Pixar character designs. In December 2020, Pet Supplies Plus, announced the acquisition of 40 store locations from Pet Valu across Virginia, Indiana, Ohio, Kentucky, Pennsylvania, Maryland, and New Jersey.

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Pet Toys Market by Category

By Product Type:

  • Plush Toys
  • Rope and Tug Toys
  • Balls
  • Chew Toys
  • Squeaky Toys
  • Interactive Toys
  • Others

By Pet Type:

  • Dogs
  • Cats
  • Birds
  • Others

By Material Type:

  • Rubber
  • Cotton
  • Nylon
  • Plastic
  • Others

By Type:

  • Non-Edible
  • Edible

By Size:

  • Small
  • Medium
  • Large

By Price Range:

  • Economy (Below US$10)
  • Mid-Range (US$10 – US$25)
  • Premium (Above US$25)

By Sales Channel:

  • Wholesalers/Distributors
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Multi-Brand Stores
  • Online Retailers
  • Pet Specialty Stores

By Region:

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

More on the Report

FMI provides in-depth insights on the pet toys market. The market is segmented in terms of product type (plush toys, rope and tug toys, balls, chew toys, squeaky toys, interactive toys, and others), pet type (dogs, cats, birds, and others), material type (rubber, cotton, nylon, plastic, and others), type (non-edible and edible), size (small, medium, and large), price range (economy, mid-range, and premium), and sales channel (wholesalers/distributors, hypermarkets/supermarkets, convenience stores, multi-brand stores, online retailers, and pet specialty stores), across seven regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).

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About FMI

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

Contact: 

Future Market Insights Inc.
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Report:  https://www.futuremarketinsights.com/reports/pet-toys-market
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According to FMI, the vegan footwear market is expected to reach USD 76.30 billion by 2030

The global vegan footwear industry is predicted to reach US$ 42.18 billion in 2022 and grow at an annual rate of 8.0 percent between 2022 and 2030. Millennials have emerged as a crucial market demographic, displaying a strong desire to spend on trendy garments and footwear.

Attribute Details
Estimated Vegan Footwear Market Size 2022 US$ 42.18 Bn
Projected Vegan Footwear (2030) Market Size US$ 76.30 Bn
Value CAGR (2022-2030) 8.0%
Vegan Footwear Market Top Players Share in 2021. 35%-40%

The younger generation is exhibiting outstanding environmental awareness. To some extent, this can be attributed to celebrities’ and their role models’ social media influence and messages broadcast across public platforms.

The shifting mindset of consumers is encouraging them to support firms that respect their beliefs and way of life. Vegan footwear is also becoming more popular as people become more concerned of comfort, eco-friendly materials, and sustainable products.

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Future Market Insights’ (FMI’s) report on the market studies various factors enabling growth. It also uncovers hidden opportunities for the market players. Some of the key takeaways from the report are:

  • According to the report, behemoths such as Nike, Inc., Adidas AG, Puma SE, Under Armour, and others are incorporating various recycling programs and introducing new collections of vegan footwear with eco-friendly fires to retain the customers
  • Companies are investing in product designing and innovation to establish a strong foothold in the emerging markets. Simultaneously, they are reducing their carbon footprint which is helping them to lower operating costs. These steps adopted by the companies are improving their brand perception in the market
  • North America is expected to retain its dominance backed by the immense popularity of vegan fashion among millennial. The footwear manufacturing sector is witnessing a strong demand for vegan footwear in the U.S. In Europe the market will gain from the rising demand in the U.K. and Germany
  • Based on product type, the shoes segment holds the highest share in the global vegan footwear market and is expected to exhibit a higher CAGR as compared to other product types
  • The footwear industry is thriving immensely through increased sales via e-Commerce platforms. Online retailing is expected to gain momentum in response to the surging popularity of vegan footwear in the coming years

Rising Demand for Eco-Friendly Shoes Causing Sales Uptick

At the moment, the majority of footwear producers are responding to the growing demand for sustainable products and recycled materials. As a result, some of the most well-known brands are eliminating the use of fur and leather in favour of recycled plastics, polyester, rubber, and other materials.

This is considered as a critical strategic step by businesses to keep existing customers while also attracting new ones. Some are even rethinking their pricing tactics in order to achieve more traction.

While demand for environmentally friendly products will continue to be the primary growth driver, market expansion will be limited due to the ongoing pandemic. The extraordinary COVID-19 epidemic has wreaked havoc on the supply chain, forcing companies to focus on maximising their internet presence.

According to FMI, during the epidemic, growth will be stunted. Consumers are likely to be more cautious about their decisions in the post-COVID-19 period, therefore the market is predicted to rebound quickly.

“With changing consumer preferences in mind, most businesses are expected to prioritise sustainability.” To achieve a competitive advantage, some of them will use plant-based materials to manufacture shoes,” according to an FMI analyst.

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Who is winning?

Nike Inc., Susi Studio, Adidas AG, Matt & Nat, Veerah, Hexa Vegan Shoes, AVESU GMBH, Beyond Skin UKamong, Ethletic, MooShoes, and others are among the major players in the vegan footwear sector.

To meet rising customer demand, several vegan footwear companies are investing in promotional activities, expanding their physical store presence, and forming strategic partnerships with well-known retailers.

  • In 2019, the company Adidas AG, entered into a strategic partnership with an American hip hop group, Beastie Boys and introduced ‘Adidas Skateboarding X’, a vegan sneaker.
  • In 2019, beauty entrepreneur & celebrity tattooist Kat Von D had launched a collection of vegan shoes made of vegan leather made from apples, faux fur, and recycled rubber, etc.

Get Valuable Insights into Vegan Footwear Market

In its latest release, Future Market Insights presents an independent research of the global vegan footwear market, including historical demand data (2015-2021) and projection figures for the years 2022-2030. The research reveals compelling insights into the vegan footwear market based on product type (shoes, sneakers, boots, sandals, heels, loafers, and others), material type (microfiber, polyurethane (PU), recycled plastics, recycled polyester, cotton, natural rubber, hemp, and others), end-user (men, women, and children), pricing (mass/economic, premium), and sales channel (direct, indirect hypermarkets/supermarkets, specialty stores, multi-brand stores, independent stores, con

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About FMI             

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

Contact:                        

Future Market Insights Inc.
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Report: https://www.futuremarketinsights.com/reports/vegan-footwear-market
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Analysis of the 2030 Bluetooth Hearing Aid Market Outlook and Growing Demand

Future Market Insights (FMI) sees ongoing trends to be highly favoring the growth of the Bluetooth hearing aids market. As per FMI, the market is expected to rise at an impressive 8% CAGR between 2020 and 2030. With the demand for waterproof hearing aids surging, the market is believed to gain from sales uptick over the forecast period.

Bluetooth Hearing Aids Market Size (2022) US$ 2.2 Bn
Revenue Forecast (2030) US$ 4.1 Bn
Global Market Growth Rate (2022-2030) 8% CAGR
Dominant Product Type Behind-the-ear Hearing Aids (BTE) (34.3% Share)

The rising cases of hearing impairment has resulted in high demand for hearing aids. Traditional and wired hearing aids often limited a user’s access to their smart phones or music players. However technologies today are more sophisticated and are allowing users to connect to their personal electronic devices to stream signals and music to hearing aids.

Some of the leading companies are aiming at more sophisticated design and robust technologies for Bluetooth hearing aids. The advent of artificial intelligence (AI) in the market resonates their goal to provide cutting-edge technologies to the users.

A slew of product launches are on cards and as per FMI, this will be one of the chief drivers of the market. It its report FMI studies various factors enabling growth in the market and opportunities for expansion. It gauges prospects held for innovation and research initiatives.

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

  • Global market for Bluetooth hearing aids is expected to reach US$ 2 Bn by the end of 2020
  • An increasing number of companies are expected to strengthen their online presence to gain competitive advantage. The increasing number of online star-ups selling Bluetooth hearing aids will compel leading market players to rethink strategies to bolster their ecommerce presence
  • Europe is expected to remain the dominant regional market for Bluetooth hearing aids. Rising cases of hearing impairment will stoke growth opportunities in the region
  • Behind-the-ear hearing aids hold dominance among product types however in the coming years the demand for in-the-ear hearing aids is expected to rise at a greater pace

“Leading players are gearing to accommodate 3D printing technologies to foster design innovations. At a time when companies need aggressive strategies to sail through looming recessions, focus on cutting-edge technologies can create incremental opportunities for market players,” said a lead analyst at FMI

COVID-19 Impact on Bluetooth Hearing Aids Market

With COVID-19 tightening its noose around the world, apprehensions regarding shortage in supply of live-saving and essential medical supplies are widening. Healthcare centers and hospitals are scrambling to tackle with soaring cases of coronavirus infections. Against this scenario, patients are fearing inadequacy in optimal treatment for health conditions other than COVID-19.

The unprecedented pandemic outbreak is expected to have significant impact on the market for Bluetooth hearing aids. Besides disruptions in supply-chain, complexities witnessed in the healthcare sector are expected affect the market as well.

Who is winning?

Some of the key players operating in the Bluetooth hearing aid market are Union Hearing Aid Centre Limited, Beltone, MED-EL Eartone Hearing Aid, Shenzhen Sunsky Technology, Widex, Cochlear, Wiliam Demant Holding, Sonova Holding, GN ReSound, Siemens Healthcare, Sivantos Pte. Ltd., Miracle Hearing Aid., Starkey Hearing Aid, Persona’Medtechnica Orthophone, GN Stoe Nord, and others.

Companies in the Bluetooth hearing aids market are operating in a highly competitive environment. As a result there is immense focus on product launches among key players as they aim at gaining competitive advantage. Also, rising demand for advanced technologies is encouraging innovations in the market.

  • In March 2019, Oticon launched a new product named Oticon Opn S, which uses 2.4GHz Bluetooth with low energy technology and offers easy connectivity and compatibility with Android and I-Phone and it streams to both ears
  • In April 2018, Widex launched its new product Named Widex Evoke specially designed for I-Phone. It incorporated artificial intelligence to store information on the user preference over the time and automatically adjust the programs based on the inputs

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Bluetooth Hearing Aid Market Segmentation

Product Type

  • In-The-Ear Hearing Aid (ITE)
  • In-The-Canal Hearing Aid (ITC)
  • Behind-The-Ear Hearing Aid (BTE)
  • Completely-In-The Canal Hearing Aid (CIC)
  • Receiver-In-The-Ear Hearing Aid (RIE)

Sales Channel

  • Wholesalers/Distributors
  • Online Retailers
  • Multi-brand Stores
  • Speciality Stores
  • Hypermarkets/Supermarkets
  • ENT Clinics and Audiology Centres
  • Other Sales Channel

Application

  • Hospitals
  • Clinic/ Medical Centers
  • Individual

End User

  • Adults
  • Kids

Regional Outlook

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

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About FMI             

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

Contact:                        

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
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Analysis of the Industry Landscape, Current and Future Stretch Mark Removal Products Market Outlook, 2032

According to Future Market Insights (FMI), the market forstretch mark removal products market is expected to reach US$ 2198.3 Mn by the end of 2030, rising at a CAGR of 3.6% between 2022 and 2032. Growing focus on anti-aging care will continue to be a key driver, but FMI analysts found that market is also benefitting from growing focus on weight loss.

Attribute Details
Stretch Mark Removal Products Market Estimated Size 2022 US$ 1336.2 Mn
Stretch Mark Removal Products Market Value-based CAGR (2022-2032) ~3.6%
Stretch Mark Removal Products Market Projected Size 2032 US$ 2198.3 Mn

From nourishing the skin to removing stretch marks, the demand for effective skincare products is higher than ever before. This, coupled with better access to skincare products at inexpensive prices, has been aiding the expansion of the stretch mark removal products market.

While cream remains one of the leading categories among products available in the market, consumers are gradually moving in favour of more unconventional products such as oils and serums. This paradigm shift is steered by greater focus on deriving benefits from organic and topical ingredients.

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Key Takeaways

  • Market players are focusing on boosting their organic line of products
  • Sales through pharmacies are being complemented by the growing online channel
  • US maintains its position as the largest market, with North America accounting for a sizeable share

The Shift Toward Online Channels

Companies in the stretch mark removal products market are shifting their focus from traditional retail stores to e-commerce platform to boost their sales and increase their customer base.

Ecommerce portals are visited by increasing number of consumers each day. The convenience of shopping, discounts offered, and door-step deliveries are a few benefits of shopping online compared to shopping from brick-and-mortar stores.

Furthermore, online stores present opportunity to compare products and their prices. These factors are tipping scales in flavour of maintaining an online presence. Since the market is highly competitive, an increasing number of players are likely to focus on improving their online visibility. This will augur well for the market in the long run.

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Who is winning?

Some of the key players operating in the stretch mark removal products market are Clarins Group, Merz GmbH and Co. KGaA, E.T Browne Drug Co., Union-Swiss Ltd (Bio-Oil), Basq Skincare, Weleda AG, Dermaclara Inc., Mama Mio US Inc., among others.

Some of these companies are focusing more on portfolio expansion. Besides this, they are looking at expanding their physical presence via retail stores. Leading players are even focusing on partnership with prominent retailers to cater to increasing demand.

Product launches will remain a key strategy adopted by market players to gain competitive advantage.

In April 2020, Clarins Group launched its new plant based product called ‘Body Partner’ which helps in reducing stretch marks and this new product is tested and recommended by pregnant women. Body Partner is formulated with insignificant plant-based ingredients, including Clarins’ new Phyto-Stretch-Complex a mix Organic Green Banana extracts and Centella Asiatica which uphold visible skin springiness and leave skin smooth and tranquil.

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https://medium.com/@akshay.shinde.vu/microwave-market-expected-to-increase-at-a-steady-4-cagr-during-2022-2032-9e98d939f73b

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:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Technology improvements for hairstyling products are gaining traction in the market for curling irons

The desire of consumers to create salon-quality hairstyles at home is what drives the curling iron business. Sales of curling irons have recently been boosted by the introduction of more affordable models. Future Industry Insights (FMI) provides unique insights into the market in its most recent analysis, including the factors promoting its growth.
The research also identifies potential risks and analyses the strategic actions taken by industry participants to obtain an edge over rivals. Between 2022 and 2029, the curling iron market is expected to grow at a CAGR of more than 7.1 percent, according to the analysis. The market will benefit greatly from consumers’ growing willingness to spend money on current fashion trends.

Attribute Details
Curling Irons Market Estimated Size 2022 US$ 2.3 Bn
Curling Irons Market Value-based CAGR (2022-2029) ~7.1%
Curling Irons Market Projected Size 2029 US$ 3.7 Bn

Social media influencers had a big role to play in spurring sales of curling irons. Videos on how to achieve celebrity or salon-like hairstyling at home and tools required to achieve them have been trending in social media ever since the YouTube revolution.

Among various hairstyling tools, curling iron brands too are riding the wave, which unfortunately was hindered by the unprecedented COVID-19 outbreak. Sluggish sales of curling irons are reported around the world as retails stores remain shuttered amid lockdown orders.

Consumers in pandemic hit nations have been showing inclination to stay at home. Even with government easing lockdown orders, people are likely to adopt work from home as an integral part of the new normal. The lack of reasons to step out as consumers continue avoiding public gatherings and social events to contain the spread of the novel coronavirus has been adversely affecting the curling irons market.

A significantly large number of consumers are unlikely to spend on styling tools and focus primarily on essential commodities, which might hamper sales. Nonetheless, once the pandemic passes the market is expected to set on the path of recovery since consumers are unlikely to eliminate their fashion preferences any time soon.

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FMI’s report offers a comprehensive overview on the curling irons market. Some of the key takeaways from the report are:

  • Portable and travel-friendly curling irons are expected to be appealing to consumers
  • To attract consumers, some of the leading brands have been launching curling irons with features such as anti-oxidant and vitamin coatings
  • Focus on innovation will increasing with time as companies look for methods of outsmarting competition. Companies primarily intend to offer multiple attributes. For instance, Revlon’s Nutrifusion line has curling irons infused with moringa and macadamia extracts to offer hair conditioning
  • Commercial applications of curling irons are expected to account for the primary share of revenue generated in the market. Demand witnessed in the household sector is forecast to rise considerably in the coming years

Who is winning?

Competition in the global curling irons market is expected to get fiercer in the coming years. The launch of advanced products will spoil consumers with choices, while their preferences are already expected to evolve and get more dynamic. Aiding competitive trends will be the entry of several smaller brands.

Investing in innovations will therefore remain a key strategic move among companies operating in the market. Besides this, FMI projects ample focus on branding and promotional activities. These companies are expected to collaborate with social media influences to leverage their online presence.

According to FMI, some of the leading companies operating in the market are Koninklijke Philips N.V., Conair Corporation, Helen of Troy, Curlingiron.org., Spectrum Brands, Inc., Lunata Beauty, Dyson, Revlon, Inc., Andis Company, Geloon, among others.

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Curling Irons Market by Category

Product Type:

  • Curling Tongs
  • Curling Wands

Price Range:

  • Economic
  • Mid-Range
  • Premium

Material Type:

  • Ceramic
  • Plastic
  • Steel
  • Titanium
  • Iron

Type:

  • Corded
  • Cordless

Application:

  • Household
  • Commercial

Sales Channels:

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Discount Stores
  • Independent Small Stores
  • Multi-brand Stores
  • Online Retailers
  • Other Sales Channels

Region:

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

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About FMI             

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

Contact:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report:  https://www.futuremarketinsights.com/reports/curling-irons-market
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Whirlpool Corporation, ARB Corporation, Danby, Dometic Group AB, EdgeStar (Living Direct Inc.), Engel Australia Pty Ltd., and others are among the market participants for portable refrigerators with an analysis of new business opportunities following COVID-19

According to a Future Market Insights (FMI) analysis, the market for portable refrigerators would grow steadily between 2022 and 2032. The demand for highly effective and practical small storage solutions in commercial vehicles has been increasing, which has aided the market expansion for portable refrigerators.

Attribute Details
Portable Fridges Market Size Value in 2021 US$ 1,612.0 Mn
Portable Fridges Market Size Value in 2022 US$ 1,710.9 Mn
Portable Fridges Market Size Value in 2032 US$ 3,188.3 Mn
Portable Fridges Market Historical CAGR (2016-2021) 5.1%
Portable Fridges Market CAGR (2022-2032) 6.4%

Campers and caravanners are also big consumers of portable refrigerators. One major element influencing the sales of portable fridges is the growing emphasis on outdoor recreational activities. Between 2022 and 2032, the market for portable refrigerators is anticipated to grow at a CAGR of more than 6.4 percent, according to FMI.

Truckers and cab drivers spend a lot of time on the road. They occasionally even travel for days. Their vehicles may benefit from adding portable fridges, which would allow them to enjoy food and beverages while on the go. Because eating at home saves a substantial amount of time and money, portable refrigerator demand is particularly high.

Due to the growing popularity of small electronic appliances, top manufacturers have introduced upgraded models of their portable refrigerators. Companies will concentrate on obtaining energy star certification since they are looking for prospects in the home market.

Their attempts to win over and draw in customers have paved the way for a number of innovations. Therefore, it is anticipated that product introductions in the portable refrigerator market would pick up speed in the upcoming years. The market analysis from FMI provides a comprehensive review of the many variables promoting growth and determining its course.

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Some of the key takeaways from the report are:

  • The estimated value of the portable fridges market stood at around US$ 1,612.0 Mn in 2021. Steady growth is expected during the course of the report’s forecast period
  • North America and East Asia are likely to showcase lucrative opportunities for growth
  • Rising installation of portable fridges in hotel rooms and suite to offer better convenience to their visitors will offer lucrative opportunities for growth
  • Commercial applications, although sluggish at the moment, are expected to pick up in the coming years
  • Most brands are likely to focus on the expansion of online retail sales channels to mitigate supply chain challenges posed during the ongoing pandemic crisis

“A majority of companies operating in the portable fridges market are expected to focus on innovations to gain competitive advantage. The market consequently has been witnessing a slew of product launches since the last few years,” said a lead analyst at FMI.

Portable Fridges Market

Who is winning?

Companies operating in the portable fridges market are primarily focusing on improving load capacity and making refrigerator compressor stronger without compromising on the basic features. To make the product more feasible for residential applications, brands are giving special attention to energy star certification.

There is also immense attention towards leveraging their online presence. Some of the leading brands are therefore investing on building their online visibility to expand their footprint across the world.

Some of the leading companies operating in the market are Whirlpool Corporation, ARB Corporation, Danby, Dometic Group AB, EdgeStar (Living Direct, Inc.), Engel Australia Pty Ltd., Haier Inc., Koolatron, Whynter, AB Electrolux, and Samsung Electronics Co., Ltd.

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Portable Fridges Market by Category

Size:

  • Mini Portable Fridge
  • Standard Portable Fridge

Price Range:

  • Economic
  • Mid-Range
  • Premium

Functionality:

  • Conventional
  • Semi-Automatic
  • Automatic

End User:

  • Household
  • Commercial

Sales Channel:

  • Online
  • Offline

Region:

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

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About FMI

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report:  https://www.futuremarketinsights.com/reports/portable-fridges-market
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Breast Imaging Market is anticipated to expand with a CAGR of 7.1% from 2022 to 2032

[343 Pages Report] The breast imaging market is expected to increase at a 7.1% CAGR from an anticipated USD 4.3 billion in 2022 to USD 8.5 billion by 2032.

Technological improvements, the rising prevalence of breast cancer, the increasing number of screening programs, and the increasing number of conferences and symposiums concentrating on spreading awareness about the advantages of early screening and diagnosis are all driving breast imaging market growth along with breast imaging market adoption trends.

Attributes Details
Breast Imaging Market CAGR (2022-2032) 7.1%
Breast Imaging Market Size (2022) US$ 4.3 Billion
Breast Imaging Market Size (2032) US$8.5 Billion

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The rising breast imaging markets, increasing government and private investments to support the increasing demand for breast imaging, and a better reimbursement picture is likely to provide breast imaging market participants with a wide variety of breast imaging market key trends and opportunities prospects.

The National Cancer Institute conducts and encourages the development of recommendations for different organisations. Breast cancer is one of the most common causes of mortality among women.

As mammography is the standard procedure for screening breast cancer, governments and other healthcare organisations all over the world are taking steps to ensure that women have access to mammography screening. The global demand for breast imaging and mammography is expanding as a result.

There have been a lot of developments in the area that reduce over-diagnosis and improve sensitivity to identify tiny carcinomas. These ongoing improvements in this discipline are projected to boost the global breast imaging market‘s mammography segment.

The development and increased usage of improved mammography machines with novel technology are fueling breast imaging market future trends.

The Asia Pacific area is a prominent revenue generator in the breast imaging market. The rising prevalence of breast cancer, rising healthcare expenditure, an increase in the number of breast cancer awareness programs, and high government spending on breast cancer research studies in several Asia Pacific countries are the major factors driving the Asia Pacific breast imaging market opportunities.

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KEY TAKEAWAYS:

  • In the United States, the breast imaging market is estimated to reach US$ 3.1 Billion by 2032, increasing at a CAGR of 6.9% through 2032.
  • The breast imaging market in the United Kingdom is expected to be worth US$ 350.3 Million by 2032, with a CAGR of 5.9% through 2032.
  • China’s breast imaging market is expected to reach US$ 613.6 Million by 2032, with a CAGR of 6.4% through 2032.
  • The market for breast imaging in Japan is expected to be valued at US$ 494.9 Million by 2032, expanding at a 5.4% annual rate through 2032.
  • South Korea is expected to reach a market size of US$ 308.8 Million in breast imaging by 2032, with a CAGR of 5.0% through 2032.
  • The breast imaging market’s ionizing breast imaging segment from the technology category is predicted to develop at a CAGR of 7.0% through 2032.
  • By 2032, the hospitals & clinics sector in the breast imaging market’s end-user category will grow at a CAGR of 7.0%.

COMPETITIVE LANDSCAPE:

New market research report on Breast Imaging says that Hologic, Inc., GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Fujifilm Holdings Corporation, Canon Inc., Aurora Healthcare US Corp., Allengers, Dilon Technologies, Inc., Planmed Oy, Delphinus Medical Technologies, Inc., Micrima Limited, CMR Naviscan Corporation, SuperSonic Imagine, and Carestream Health., are among the legacy players vendors.

The research offers a comprehensive competition analysis of these top competitors in the breast imaging market, including breast imaging market growth, breast imaging market share, breast imaging market adoption trends and important market strategies.

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Recent Development in the Breast Imaging:

  • Densitas Inc. announced collaboration with Mammography Educators, LLC in November 2020 to build an artificial intelligence-powered telehealth technologist training platform that would promote business continuity in mammography clinics.
  • Hologic, Inc. announced the commercial availability of 3DQuorum Imaging Technology powered by Genius AI in Europe in October 2020. According to the company’s disclosures, the 3DQuorum Imaging Technology uses Genius AI-powered analytics to reconstruct high-resolution 3D data. This technology aids in lowering picture interpretation time.

Key Segments

By Technology:

  • Ionizing Breast Imaging
    • Mammography
    • Positron Emission Tomography-Computed Tomography (PET-CT)
    • Molecular Breast Imaging (MBI)
    • Positron Emission Mammography (PEM)
    • Cone-beam Computed Tomography (CBCT)
  • Non-ionizing Breast Imaging
    • Breast Ultrasound
    • Breast MRI
    • Automated Whole-breast Ultrasound (AWBU)
    • Breast thermography
    • Electric Impedance Tomography
    • Optical Imaging

By End User:

  • Hospitals & Clinics
  • Diagnostic Imaging Centers
  • Breast Care Centers
  • Other End Users

About FMI:

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

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