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The global organoid market is forecast to grow at a rapid pace for the forecast period starting from 2020 to 2030. Increasing private funding for research and development of therapeutic and diagnostic models is also one of the key factors driving market growth. Organoids are finding use in pathogenesis and regenerative medicines. With rising prevalence of cancer and liver diseases coupled with commercialization of organoid models, promising growth is on the cards for the market, finds ESOMAR-certified consulting firm Future Market Insights in this study.

According to International Federation of Pharmaceutical Manufacturers and Associations, preclinical testing requires nearly 22% of total expenditure allotted for drug discovery. Extensive research and clinical trials towards development of humanized therapeutics paved way for exponential growth of organoid market.

“Market players are focusing on employing organoid for studying organ specific cell function and cell toxicity monitoring. Organoid’s diversity in terms of application will elevate the organoid market demand,” remarks the FMI analyst. 

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Key Takeaways

• The U.S. is the global leader in organoid market supported by rising application of organoid based inspection models in biotechnology domain and higher healthcare spending by customers.
• Europe is expected to grow at healthy pace during the forecast period. Rising prevalence of cancer and gastrointestinal diseases in European population drives the market growth.
• Growing investment and consistent progress in stem cell research leading to market expansion in Japan.
• Addition of study of organoid culture in university and government research centers accelerates the market growth.
• Rising popularity of epidemiology and efforts towards conserving organ specific tissue diversity drives the market growth.

Prominent Drivers

• Organoid’s morphological ability to mimic cells and create precise tissue models is driving the organoid market growth.
• Introduction of organoid will reduce the drug discovery process and expenditure further fuelling the market demand.
• Increased government investment towards research and development of organoids will magnify the market growth.

Key Restraints

• Inadequate infrastructure facilities necessary for 3D cell culture research hamper the market growth.
• Shortage of skilled professionals to run, interpret and validate research experiments restricts the market growth.
• Barriers associated with implementation of organoids in present system will negatively affect the market demand.

Discover more about the organoid market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/checkout/8106

Competitive Landscape

Leading players profiled by FMI operating in organoid market include Cellesce Ltd, Qgel, OcellO B.V., DefiniGEN, Hubrecht Organoid Technology (HUB), STEMCELL Technologies Inc. According to FMI, Leading players are emphasizing on enhancing their production facilities and develop new products using modern technologies to cater the rising demand of patients. For instance, Cellesce Ltd. recently launched the new patient-derived Breast Cancer organoid lines in November 2020.

They are also looking forward towards strategic collaboration to expand their product portfolio. For instance, BIOIVT collaborated with Upcyte Technologies GmbH making Upcyte Technologies GmbH exclusive global distributer of BIOIVT’s cell products and media which include liver sinusoidal endothelial cells.

More Insights on FMI’s Organoid market

The latest market study on global organoid market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of product (Intestinal Organoids, Hepatic Organoids, Pancreatic Organoids, Colorectal Organoids, Neural Organoids), Application (Bio-banking, Biomedical Research and Drug Discovery, Regenerative Medicine, Cancer Research, Therapeutic Tools), End user (Biopharmaceutical Companies, Contract Research Organizations, Academics and Research Institutes) and across major regions (North America, Latin America, Europe, East Asia, South Asia and Oceania, and Middle East & Africa).

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Explore FMI’s Extensive Coverage on healthcare Domain

Organoid kits market: The global organoid kits market report by FMI gives an in-depth insight on the future expansion prospects, trends and challenges that market is likely to face in the upcoming decade. Key statistics regarding key segments have been presented across prominent geographies, along with a detailed assessment of the market’s competitive landscape.

Regenerative medicine market: The regenerative medicine market study published by FMI offers a comprehensive analysis and focused views on major trends expected to provide shape to future growth prospects. The report provides detailed analysis of the significant drivers, trends, challenges and opportunities prevailing for the forthcoming decade across key geographies along with competitive landscape of the upcoming decade.

Personalized medicine market: Future Market Insights gives a detailed segmentation on the global personalized medicine market with upcoming market trends, challenges and future growth dynamics across key geographies and prominent segments. The report provides a holistic approach, mapping the competitive landscape with detailed analysis on established players, new entrants, and opportunities likely to prevail across the 2021-2031 decade.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

The global plant based yogurt market is anticipated to demonstrate strong growth prospects during the forecast period 2020-2030, registering a double-digit CAGR. As the proportion of flexitarian and vegan population increases, demand for plant-based foods is riding the high wave. Plant-based yogurts are considered more environmentally sustainable compared to dairy-based yogurts.

High nutritional value associated with plant-based yogurts is a key driving factor behind the proliferation of the plant-based yogurt market. Incidentally, consumers are increasingly seeking novelties in yogurt flavors and indulge their sensory experiences. This has prompted market players to invest in product innovations and experimentation with different flavors, thereby accelerating market growth.

The COVID-19 pandemic has heightened the consumption of immunity boosting foods amongst consumers. With the pandemic ushering in a high degree of uncertainty regarding the safety of consuming animal-derived dairy products, consumers are transitioning towards plant-based yogurt as a precautionary measure.

Moreover, declining dairy production due to reduced agricultural activity amid social distancing protocols have generated a demand-supply gap in mainstream dairy products, clearing the pathway for plant-based yogurt manufacturers to establish their supremacy in the yogurt market. Additionally, prevalence of lactose intolerance amongst consumers is encouraging higher consumption of plant-based yogurts.

“Consumer preferences for conventional flavors is eroding at a rapid pace. Their willingness to experiment with different flavor combinations have generated a dynamic pattern in the plant-based yogurt market, inspiring innovations among market players to satiate these sensory experiences,” concludes a leading FMI analyst.

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Plant Based Yogurt Market- Key Takeaways

• Strawberry flavored yogurts shall remain favored among all other flavors of the plant-based yogurt market during the forecast period.
• Organic plant-based yogurts shall tower over conventional ones, attributed to adoption of healthier lifestyles and consequent increase on spending for functional foods.
• Nut-based yogurts dominated the market during the historical period, capturing over half of the plant-based yogurt market.
• Increased concern for animal welfare is prompting consumers to shift towards plant-based yogurt consumption.
• North America and Europe shall remain the most lucrative markets for the sales of plant-based yogurts. Entry of various market players by virtue of partnerships and acquisitions is anticipated to keep the demand high in these regions.

Plant Based Yogurt Market- Key Driving Factors

• One-third of the North American people have curtailed their meat and dairy intake, bolstering demand for plant-based products. This trend has created optimum conditions for the plant-based yogurt market to flourish.
• A burgeoning retail industry by virtue of several technological advancements are enhancing the shopping experiences of consumers. In addition, attractive packaging and flavor combinations are compelling consumers to purchase plant-based yogurts, driving market growth.
• The trend of product positioning with additional functional claims such as high protein and probiotic content is deepening plant-based yogurt market penetration in countries such as Brazil, India, Poland and China.

Plant Based Yogurt Market- Key Constraints

• Misperceptions about the presence of lower nutritional content in plant-based yogurts compared to milk-based yogurts among developing nations is limiting market penetration.
• High price volatility in comparison to its milk-based alternatives is impeding the expansion of plant-based yogurt markets across regions.

Anticipated Impact of the Coronavirus Outbreak

COVID-19 has ushered in an era of unprecedented uncertainty. As countries struggle to eliminate this deadly disease by imposing lockdowns and social distancing measures, consumers are taking the initiative to adhere to basic precautionary steps, such as maintaining hygiene through regular handwashing and sanitization and also consuming immunity boosting foods and beverages. It is a common belief among medical practitioners and individuals that a healthy diet would help the body develop adequate strength to fight the infection. As a result, consumption of plant-based foods has seen a staggering increase.

Owing to calls for maintaining social distancing, leading market players are effectively exploiting the e-commerce channel in order to expand their sales. With the availability of a myriad range of flavors on online sales channels, consumers are presented with an array of choices to select from within the comfort of their homes. Co-incidentally, traditional retail sales of plant-based yogurts has experienced a resurgence as several countries across the world have relaxed the curbs imposed on netizens, enabling them to visit departmental stores and supermarkets to purchase their products.

Explore the plant based yogurt market report comprising 160 illustrative figures, 192 data tables and the table of contents. You can also find a detailed market segmentation on https://www.futuremarketinsights.com/askus/rep-gb-11684

Competition Insights

The plant based yogurt market is extremely competitive, characterized by the presence of over 100 market players. Prominent players operating in the plant-based yogurt market include, but are not limited to: Lyrical Foods, Inc., Stonyfield Farm, Inc., Trader Joe’s, Callifia, Chobani, Forager, Good Plants, Good Karma, General Mills, Inc., Nancy’s, So Delicious, Silk, Danone S.A, GT’s Living Foods, The Coconut Collaborative and COYO Pty Ltd. The abovementioned market players invest in product launches and strategic collaborations in order to acquire a competitive edge. As the number of collaborations and acquisitions gather momentum in the coming years, the plant-based yogurt market shall expand at an impressive pace. Additionally, a consumer-oriented approach is assisting players in greater market penetration. This includes introduction of exotic flavors to indulge consumers’ tastes and improving their confidence.

Get Valuable Insights into Plant-based Yogurt Market

Future Market Insights, in its new report, presents an unbiased analysis of the global plant-based yogurt market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on nature the market can be segmented into conventional and organic. In terms of flavor, the market can be segmented into regular, vanilla, strawberry, blueberry, cherry, peach, raspberry, coconut, coffee, and others. Based on product type the market can be segmented into cereal type, legume, nut, seed, and pseudo cereal. Based on price range the market can be segmented into economic, mid-range, and premium. Based on sales channel the market can be segmented into food service and retail. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

About Food & Beverages division of FMI

Expert analysis, actionable insights, and strategic recommendations – the Food & Beverages team at FMI helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 100+ countries for over a decade. The team provides end-to-end research of the global food & beverage market and consulting services; know how we can help.

Gaming hardware includes a wide range of devices which are used to enhance the gaming experience. This includes high end HD display TV’s, high graphic PC’s, smartphones, coupled with a variegated range of accessories such as gaming consoles, VR glasses, etc. These devices significantly enables the user to experience realistic representation of players and environment during gameplay. Moreover, innovative technologies such as 3D gaming and interactive glasses are further enhancing the experience and also driving constant innovation in the gaming hardware world.

The global demand for gaming hardware is projected to expand with a faster growth rate compared to demand for general PC hardware, and the global gaming hardware market is henceforth, anticipated to expand with an impressive CAGR over the forecast period.

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Global Gaming Hardware Market: Drivers and Restraints

The prime factor driving the growth in the global gaming hardware market is the increasing expenditure by gamers on advanced next generation gaming consoles. Moreover, the advent of high definition TV’s and high graphic PC’s and laptops is another factor fuelling more demand for gaming hardware. This coupled with an increase in number of AAA games requiring high computing and display power, will further fuel the gaming hardware market. Increasing demand for VR is set to drive revenues in the global gaming hardware market, as gamers are showing high inclination towards games which have superfast frame speeds. Furthermore, with increasing internet penetration and the advent of Internet of Things (IoT), a large number of advanced multiplayer games is creating new enthusiasm is gamers to opt for high end consoles and peripherals.   With a large number of gamers still stuck to PC gaming, regular hardware consoles are a reality, as these users shows high inclination towards technology updates, thus driving continuous revenues in the global gaming hardware market.

A recent shift of casual gamers towards mobile phones and tablets, might affect the revenues in the global gaming hardware market, as they shift from high end PC’s and consoles

Global Gaming Hardware Market: Regional Outlook

The Global gaming hardware market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ is expected to dominate the global demand for gaming hardware throughout the forecast period, followed by North America and Western Europe. In APEJ a prominent share of demand is anticipated to come from China, followed by South Korea. However, Japan is also anticipated to account a significant market share for gaming hardware over the forecast period. Western Europe and North America are anticipated to execute a sluggish growth in demand for gaming hardware. Increasing penetration of PC and Consoles in Latin America is expected to translate into a significantly higher growth rate over the forecast period. Moreover, Eastern Europe and Middle East and Africa are also anticipated to exhibit moderate CAGR over the forecast period compared to the matured markets of North America and Western Europe.

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Global Gaming Hardware Market: Key Players

Some of the major players identified in the global gaming hardware market include

• Sony Corporation
• Microsoft Corporation
• Apple Inc.
• Google
• HTC Corporation
• Nintendo
• Linden Research, Inc.
• Activision Blizzard, Inc.
• Sega Games Co., Ltd.
• Oculus VR, LLC

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Global Gaming Hardware Market: Segmentation

The global gaming hardware market is segmented:

Solar panel refers to a panel designed to absorb the sun’s rays as a source of energy to generating electricity and heating. It reduces the amount of electricity coming from fossil fuels by supplying your operations with clean, renewable energy from the sun. Solar panels are also called photovoltaic or PV modules as it directly converts sunlight into electricity. The sun produces enough energy daily to supply 10,000 times the world’s electrical needs. Solar Photovoltaic panels are packaged, connected assembly of typically 6×10 solar cells that generates and supplies solar electricity in commercial and residential applications. Solar panels are not only used for residential rooftop applications, but they are also widely used for applications such as powering electronic devices, individual gadgets, and vehicle batteries. Installing solar panels on a house roof can decrease the household’s carbon footprint by an average of 35,180 pounds of carbon dioxide per year.

In 1960s, the first commercial use of solar cells was for powering satellites. There are various quality levels of solar panels with different efficiency and cost factors namely Monocrystalline solar panels, polycrystalline solar panels, and thin-film panels (amorphous panels). Solar Panels are tested under “Standard Test Conditions (STC)”. Solar panels can be accurately compared with each other and rated by using fixed set of conditions considered under this method. There are three standard test conditions for testing solar panels including temperature of the cell, solar irradiance, and mass of the air.

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Global Solar Panels Market: Drivers and Restraints

There is increasing demand for solar panels in the residential rooftop applications. There is significant fall in the prices for key components such as silver and polysilicone that are used to make solar cells. Solar Panels don’t create noise and don’t make any emissions. Price drops for industrial commodities that are used to make solar panels, and higher price expectations for electricity and natural gas are the factors that are expected to drive growth of the solar panels market for the forecast period (2015-2025). Increase in electricity price combined with cheaper solar panels will drive the solar panels market.

Solar energy doesn’t work at night without a storage device such as a battery. Climatic changes and cloudy weather can disturb the working of solar panels during daytime. Also, solar technologies are expensive. These are some of the factors that are limiting the growth of solar panels market to some extent.

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Global Solar Panels Market: Region-wise Outlook

The global Solar Panels market is estimated to witness high growth for the forecast period (2015 to 2025). North America market for solar panels has been growing rapidly especially due to the growth of residential solar applications in the U.S. In 2012, solar produced energy accounted for 0.11% of the total electricity generated in the U.S., according to U.S. Energy Information Administration.

FMI’s forecasts the Solar Panels market in Asia-Pacific is expected to show the fastest CAGR over the forecasted period. There is a shift in production of solar panels from U.S. to China and India due to low manufacturing cost.

Global Solar Panels Market: Key Players

Some of the major players of the global Solar Panels market are: Yingli Solar, Photonix Solar Pvt. Ltd, Goal Zero, AGL Solar Energy, and others.

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Global Solar Panels Market: Segmentation

Global Solar Panels market is segmented by: type, application, and by region.

Nicotinic acid, also known as vitamin B3 or niacin, is a colorless, water-soluble derivative of pyridine. The natural foods such as peanuts, avocado, green peas, mushrooms, potatoes, whole grains, meat, poultry, and fish are rich in nicotinic acid. Nicotinic acid helps to regulate metabolism. As nicotinic acid is a water-soluble vitamin, it cannot be stored in the body, and thus, should be consumed to fulfill the daily requirements of the body. Nicotinic acid provides various benefits such as it protects skin from sun damage, boosts brain function, lower triglycerides and decreases bad cholesterol levels. Nicotinic acid is used in industries such as food, pharmaceutical, cosmetic, animal nutrition, dietary supplements, and functional foods.

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Increase in Health-concerns Drives the Nicotinic Acid Market

The increasing prevalence of cardiovascular diseases is estimated to serve as one of the major drivers for the nicotinic acid market. According to the World Health Organization, in 2017, cardiovascular diseases are the number one cause of death all across the world. In 2017, around 31% of global deaths were due to cardiovascular diseases. The increase in the occurrence of cardiovascular diseases has increased awareness among consumers. The consumers are taking appropriate measures to maintain a healthy lifestyle. Thus, the demand for cholesterol-reducing ingredients is anticipated to increase in the food and dietary supplement industry. Thus, nicotinic acid serves as a suitable option as it helps to reduce bad cholesterol, which further reduces the risk of cardiovascular diseases. Also, nicotinic acid is available in liquid as well as powder form which makes it easy for the manufacturers to develop healthy products according to their requirements.

The increase in health-awareness among the consumers is anticipated to have a positive impact on the nicotinic acid market. Consumers are adopting new habits to improve their health. The demand for dietary supplements is increasing among consumers. The consumer prefers the consumption of dietary supplements to fulfill the daily nutritional requirements of the body. Nicotinic acid offers many beneficial properties such as it might prevent help to treat Type 1 Diabetes, increases HDL levels, treats pellagra, etc. The demand for vitamin supplements is increasing. According to NIH Office of Dietary Supplements (ODS), multivitamin/mineral supplements accounted for almost one-sixth of the total dietary supplement purchased, while vitamin and mineral containing supplements accounted around 40% of the total dietary supplement sales. Thus, the rising demand for dietary supplements is expected to propel the nicotinic acid market.

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Nicotinic Acid Market: Regional Analysis

The increase in health and fitness trends in the Asia Pacific region is estimated to boosts the sales of nicotinic acid. The impact of western culture, increase in disposable income, hectic lifestyle, and high youth population is some of the drivers for the increase in the demand for nicotinic acid. The high youth population and their inclination towards the gym and other fitness activities enhance the requirements of vitamins and proteins. Thus, the manufacturers of the dietary supplement industry are anticipated to develop dietary supplements which contain multivitamins and other essential nutrients that are required by the youth population. Therefore, the demand for nicotinic acid is anticipated to increase in the Asia Pacific region.

Nicotinic Acid Market: Key Participants

Few of the key market players in the nicotinic acid market are:

• Koninklijke DSM N.V.
• Jubilant Life Science Ingredients
• Lonza Group AG
• Aarti Drugs Ltd.
• Vertellus
• Lasons India Pvt. Ltd.
• Resonance Specialities Limited
• Brother Enterprises Holding Co., Ltd.
• Triveni Chemicals

The research report presents a comprehensive assessment of the nicotinic acid market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as form, grade, end-use, and distribution channel.

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Nicotinic Acid Market Segmentation

The nicotinic acid market can be segmented on the basis of form, grade, end-use, and distribution channel –

A new market research report by Future Market Insights on the energy & power quality meters market investigates and provides critical insights on energy & power quality meters market for the forecast period of 2019-2029. As per the findings of the report, the worldwide sales of energy & power quality meters reached ~US$ 2 Bn in 2018. Moreover, the global energy & power quality meters market is projected to experience significant growth over the forecast period, due to multiple driving factors, such as growth in Industrial IoT, increasing rate of electrification, and rising demand for next-generation power quality meters.

According to the report, the industry 4.0 is rapidly changing industrial production capabilities and drastically changing industrial processes. This revolution is generating demand for energy & power quality meters to monitor the distortions in voltage and harmonics, which further is contributing towards the growth of the energy & power quality meters market through 2029. Moreover, the adoption of energy & power quality meters in the industrial sector helps in preventing damages to expensive and critical equipment. It is expected to boost the demand for energy & power quality meters in 2019 and beyond.

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As industrial sector continues to aggressively expand in both developed and developing countries around the globe, it is expected that multiple opportunities will be created for key players in energy & power quality meters market in the near future.

According to the FMI report, the industrial sector is expected to create an incremental opportunity of ~US$ 1.5 Bn for energy & power quality meters during the forecast period of 2019 to 2029. Furthermore, in the industrial sector, the energy and power segment is expected to witness high growth rates during the forecast period, owing to the growing demand for electrification in residential and commercial sectors. Furthermore, the world is witnessing rapid increase in generation, transmission, and distribution of energy, which, in turn, is creating potential growth opportunities for the energy & power quality meters market.

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Manufacturers Focusing on Expanding their Operations in Asia Pacific

Manufacturers of energy & power quality meters are focusing on expanding their businesses across countries in Asia Pacific such as China and India. The increasing investment by governments of these countries in industrial and digital infrastructure is attracting various manufacturers to expand their operations in these countries. Furthermore, the strong economic growth of countries in this region along with the continuous industrialization and increasing rate of urbanization and electrification is creating potential growth opportunities for the energy & power quality meters market players.

For instance, according to IEA (International Energy Agency), in 2000, more than 40% of global energy demand was in Europe & North America and some 20% in developing economies in Asia. However, by 2040, this situation will be completely reversed.

Increasing Competitive Product Profile Playing a Crucial Role in Market Growth

The increasing scope of applications related to power quality equipment and a competitive market has, in turn, resulted in product differentiation and expansion strategy by the advanced power quality meter manufacturers to provide a competitive edge and strengthen their market presence specifically to the desired end-use industry market.

For this, advanced power quality meter manufacturers are continuously increasing research & development and product development activities in order to improve their product awareness levels to the end-consumers and minimize the hazardous effects associated with surpassing the environmental regulations and norms in end-user industries.

According to FMI Analysis, during 2015-2018, the average spending by major manufacturers in R&D and new product development has been accounted for 3% – 3.5% of overall sales. Also, the average rate of product launches made by major advanced power quality meter manufacturers have been in the range of 2-3 products per year.

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This study highlights the key opportunities in the energy & power quality meters market and finds that the market will depict growth at a value CAGR of ~7% during forecast period. For in-depth information on Energy & power quality meters market, write in to the analyst at press@futuremarketinsights.com

Home décor is considered to reflect the status and taste of the owner who willingly spends money to decorate the house A good bed sheet matching with an aesthetic look is very vital as a part of the interior bedroom.

Thus, the demand for bed sheets is increasing in the domestic along with the export market over the forecast period. According to a report, the bedsheets are an estimated Rs 10,000 crore market which caters both upper and middle-class families settled in urban areas.

The bedsheets market has good scope across several nations. Moreover, there is a steady demand in Government departments such as Tourism, Railways, Police and Defence, etc.

Growing fabric technology and the availability of more manmade fabrics, brighter colors and wide range in the composition of the sheets is fostering sales of bed sheets worldwide.

Altering home decor trends and increased purchase frequency, along with shorter replacement cycles are also enhancing the market growth.

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Growing consumer awareness concerning good sleep and healthy body and mind will encourage the market players to introduce advanced fabric technology in bedsheets.

Players are focusing on the functional benefits of bedsheets prepared from plant-based materials for instance Tencel, bamboo, and organic cotton, to provide better moisture absorption and breathability in contrast to conventional cotton.

Players are also providing woolen duvets and comforters as they provide greater moisture control and temperature regulation and reduce the risk of dust mites.Manufacturers are furthermore focusing on the production process to prevent water scarcity.

As ordinary cotton bed sheets consume a higher amount of water. Sleep and giggles launched eco-friendly bed sheets prepared from eucalyptus trees which utilize around 95% less water as compared to ordinary cotton linen.

E-commerce platform boom concerning distribution is complementing in huge sales. Apart from the rise of third-party online distributors, the trend has additionally presented e-retailers providing quality products to gain a large consumer base.

Some of the e-retailers present in the bedsheets market are Boll & Branch, Saatva, and Casper.

A supply chain disruption across geographies has compelled bed sheets manufacturers to rethink their business strategies to transform their brand identities.

However, skyrocketing sales of bed sheets via online channels are anticipated to keep the market afloat as consumers are increasingly avoiding in-store purchases. As per a published report by Statista, websites selling home decor products online showed 1.7 Bn visits in March 2020, hiked from 1.56 Bn worldwide visits in January 2020.

Asian countries will be accounting for the highest market share due to expanding retail networks and increasing consumer preference for luxurious and superior quality bedding products to compliment the interiors.

Developing nations such as India and China are the biggest exporter of the bed sheet. Countries such as Pakistan, Bangladesh, and Vietnam, have emerged as export competitors to India and China.

North America and Europe regions will be witnessing rapid growth owing to increasing consumer awareness concerning good night’s sleep and proper bedding materials.

According to the consumer trends in the U.S., around 80% of individuals prefer cotton & cotton blend materials, trailed by 3% choosing satin fabric.

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The global bed sheets market is dominated by a few leading market players in terms of market share. However, demand is primarily driven by consumer income.

While big players compete through the breadth of products, volume purchasing, and effective marketing and merchandising, small players focus on product superiority and customer service.

Brooklinen launched Luxe Core Sheet Set featuring clever tabs labeled long side and short side on the fitted sheet. The Easy-shopping platform made the bed sheet received the most positive reviews online.

Mellanni launched its affordable bed sheets set which is made from polyester microfiber. The sheets wrinkled less than most cotton fabrics, hardly shrunk in the wash, and are generously sized.

Slumbercloud launched Stratus Sheet Set, the fabric technology helps to maintain a comfortable body temperature all through the night.

Major companies operating in the global bed sheets market include Acton & Acton Ltd., Beaumont & Brown Ltd., American Textile Company, WestPoint, Boll & Branch LLC, Hollander, Pacific Coast Feather Company, Frette, Sferra, Bombay Dyeing, D’décor, Crane & Canopy, and Portico Inc.

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Bed Sheets Market – Segment Analysis