Thriving Ski Gear & Equipment Market Projected to Reach US$ 2.26 Billion with a Steady 3.2% CAGR by 2032 | FMI

The ski gear & equipment market size is expected to reach US$ 2.26 Billion in 2032, growing at a CAGR of 3.2% CAGR during the forecast period 2022-2032.

Skiing is considered to be one of the most popular and fascinating adventure sport practiced in the North American and the European regions in large scale. Over the years, the global skiing sports industry has witnessed a rise in the number of participants and audience which is attributable to the experience one gets while playing sports. With the rise in popularity of the sports, skiing is now being considered in global sports event such as the Olympics.

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There are types of skiing practiced i.e. cross-country skiing, Alpine skiing and ski touring. With the rise in the number of participants for the sports, there has been a significant rise in demand for various types of ski gear & equipment. Ski gear & equipment promotes safety and smooth rides to its users.

Now that skiing is considered one of the commercial sports in the global industry, ski gear & equipment has been gaining traction in various parts of the world. Ski gear & equipment includes jackets, snowboards, goggles etc which are available in various styles that cater to varying needs and demands of its customers.

Global Ski Gear & Equipment Market: Reasons for covering this Title

Skiing sports is one kind of adventure sport played since decades having its origin from Norway in Europe. Now the sports has been commercialized since the sports are being considered as one of the Olympic Games. As skiing is being considered as one of the adventure sports for the tourist as well as a big-time commercial sport for the professionals.

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As a result, over the last couple of decades, there has been large-scale demand for ski gear & equipment in the global market. Various types of ski gear & equipment such as goggles, times, safety equipment are being considered as the basic essential equipment for skiing.

Ski gear & equipment manufacturers now strategize on coming up with unique products that cater to the needs of various demographic sectors i.e. men, women, and kids. Ski gear & equipment not only promotes safety but also overall style and appearance that suits its end users.                                                                                        

Global Ski Gear & Equipment Market: Key Players

Some of the key players operating in the global Ski Gear & Equipment market are Burton Snowboard, The Boarding Company Limited, ELAN, D.O.O. & ARENDICOM GMBH, HEAD Sports GmbH, SKI ROSSIGNOL, Surfdome Shop Ltd among others.

Ski Gear & Equipment Market: Key Trends

Major Ski Gear & Equipment manufacturers have been strategizing on innovation in the view of coming up with a new range of Ski Gear & Equipment products catering to varying needs and requirements of its target customers.

Ski Gear & Equipment Market: Key Developments

  • In 2017, Burton Snowboard, one of the key players in global Ski Gear & Equipment launched a new kind of ski gear & equipment product i.e. new strapless, step-in Step On boot-binding system, after five years of R&D.
  • In 2017, various key players in European ski gear & equipment market organized a high-profile exhibition The Telegraph Ski & Snowboard Show notifying its key product launches of the year to its target customers.

Opportunities for Ski Gear & Equipment Market Participants

There have been recent developments where artificial snow environment being installed in the commercial mall for better customer services and experiences. For instance, the Dubai Mall has installed artificial snowboard for its customers to have a gist on how various snow sports like skiing looks like. Likewise, there are many other prominent malls that have come up with such initiatives. This one critical factor will further provide a critical opportunity for ski gear and equipment to gain traction at a significant rate in the global market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, types, application, end-use & sales channel.

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Global Ski Gear & Equipment: Market Segmentation

On the basis of types, the global Ski Gear & Equipment market has been segmented as –

  • Jacket
  • Timer
  • Goggles
  • Helmets
  • Snowboard
  • Snowboard boots
  • Ski Gloves
  • Snowboard sticks
  • Skiing apparels
  • Others

On the basis of application, the global Ski Gear & Equipment market has been segmented as –

  • Cross-county skiing
  • Alpine Skiing
  • Downhill skiing
  • Ski touring

On the basis of end use, the global Ski Gear & Equipment market has been segmented as –

  • Men
  • Women
  • Kids

On the basis of the sales channel, the global Ski Gear & Equipment market has been segmented as –

  • Wholesaler/Distributors
  • Specialty Store
  • Franchise Stores
  • Online Store

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nano Dentistry Industry is anticipated to grow at a CAGR of 8.12% by 2033, according to FMI

Nano Dentistry Industry
Nano Dentistry Industry

The global Nano Dentistry Industry is valued at US$ 838.54 Million in 2022 and is expected to achieve a market valuation of US$ 906.66 Million in 2023. It is further estimated to reach a market valuation of US$ 1.98 Billion by the end of the forecast period 2033 while exhibiting a CAGR of 8.12%.

The growing prevalence of dental diseases, rising demand for nano dentistry products, increasing oral hygiene awareness, and rising adoption of advanced dental technology is propelling the market growth.

According to British Dental Association, nearly 19 million dental appointments were postponed or canceled in 2020 out of a probable total of 40 million. Companies such as Dentsply Sirona reported a decline of around 50% in net sales and sales of dental consumables declined by 58.5%, leading to an operating loss of US$ 42.01 Million in the second quarter. However, the market recovered steadily post-pandemic owing to the increasing demand for dental procedures due to the rise in dental diseases.

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Nano dentistry is the future of the dental industry in which every procedure will be performed using advanced equipment and devices based on nanotechnology. Also, it can simplify teeth replacement within a single procedure with correction and precision, combining nanomedicine and biotechnology. It has become possible to develop materials that are durable with the help of nanotechnology. These products are made for numerous dental procedures and will have more hardness, elasticity, and strength than traditional dental materials. The technological advancement in the manufacture of nanoparticles for implant surface coating and nano formatting leads to better osseointegration and enhanced functions of implants.

Key Takeaways:

  • North America dominated the Nano Dentistry Industry with a revenue share of 38.4% in 2022.
  • Asia pacific is projected to be the fastest-growing market with an impressive CAGR of 8.4%
  • By material type, the nano ceramics segment dominated the market with a revenue share of 38.1%.
  • Tooth restoration segment dominated the market in 2022 and will sustain its dominance with a segmental CAGR of 8%.
  • By end-use, the Dental clinic segment held a revenue share of 51.7% in 2022.

“The market’s expansion may be linked to a paradigm shift toward workflows and process automation across a wide range of businesses and industrial verticals. Enterprises all over the world are eager to embrace effective and smooth business processes that can be executed regardless of location, which is propelling this industry ahead.” comments a Future Market Insights analyst

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Competitive Landscape:

Some of the major company profiles included in the global Nano Dentistry Industry report are:

  • DENTSPLY Sirona
  • Institut Straumann
  • Zimmer Biomet
  • Ivoclar Vivadent
  • aap Implantate AG
  • Heraeus Kulzer
  • BioHorizons IPH
  • 3M
  • Danaher Corporation
  • Biotronik

In February 2021, Zimmer Biomet Holdings, Inc. announced its plan to spin off its Spine and Dental operations to become a new, independent, publicly listed company (“NewCo”). The anticipated deal would sharpen both Zimmer Biomet and NewCo’s emphasis on meeting the demands of patients and consumers, resulting in quicker growth and more value for all stakeholders.

In November 2020, Doceram Medical Ceramics and Nobel Biocare announced an extended partnership in developing high-end restorative products. To provide more high-quality, beneficial solutions with convenience and flexibility for clients, both companies are merging their expertise.

In February 2022, Exocad, Align Technology Inc company announced its participation in the 2022 Dental South China (DSC) trade show in Guangzhou, China. Exocad showcased its software release DentalCAD3.0 Galway, plus other open software solutions.

In November 2021, Keystone Dental Inc. announced that it completed the acquisition of Osteon Medical, a Melbourne, Australia-based technology company providing digital solutions for clinicians and dental laboratories leveraging proprietary software and unique hardware developments, significantly improving digital dentistry market grip.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global Nano Dentistry Industry, presenting a historical analysis from 2018 to 2022 and forecast statistics for the period of 2023-2033.

Key Segments Profiled in the Nano Dentistry Industry Survey:

Nano Dentistry Industry by Material Type:

  • Nano Ceramics
  • Nano Robots
  • Nano Fillers
  • Others

Nano Dentistry Industry by Application:

  • Preventive Dentistry
  • Tooth Restoration
  • Dental Implants
  • Others

Nano Dentistry Industry by End-Use:

  • Hospitals
  • Dental Clinics
  • Others

Nano Dentistry Industry by Region:

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

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Metal Closures Market Size Anticipated US$ 50.8 Billion till year 2032: Industry Analysis in Depth

The global metal closures market exhibited a noteworthy valuation of approximately US$ 26.8 billion in 2021, and it is poised to reach a valuation of around US$ 28.4 billion in 2022. Moreover, with the increasing adoption of metal closures across diverse industries, including food and beverages, consumer goods, cosmetics and personal care, and pharmaceuticals, the overall demand for metal closures is expected to maintain a robust Compound Annual Growth Rate (CAGR) of 6% during the period spanning from 2022 to 2032. By the year 2032, the market is forecasted to achieve an impressive valuation of approximately US$ 50.8 billion.

Metal closures represent a distinct category of packaging solutions crafted from materials such as aluminum, tin, copper, and stainless steel. Typically, these closures are paired with glass or plastic containers, offering a versatile sealing and protective option. One of their notable features is their exceptional temperature tolerance, which imparts durability and renders them an appealing alternative to plastic closures.

In recent times, metal closures have gained widespread trust and adoption as a dependable means of safeguarding various goods, including food products, beverages, pharmaceuticals, and cosmetics. The escalating utilization of metal closures in packaging these diverse product categories is poised to act as a driving force behind the sustained growth in the global metal closures market throughout the forecast period.

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Key Trends Driving the Global Metal Closures Market

“Increasing Demand for Packaged Food & Beverages Spurring Market Growth”

Within the packaging industry, the paramount objective is to preserve the flavor, texture, and overall quality of food and beverage products, while simultaneously extending their shelf life. The surging sales of packaged food and beverage items represent a pivotal driver propelling the growth of the metal closures market.

Several key factors influence the sales of packaged food and beverages, including mounting concerns related to health and well-being, the growing demand for ready-to-eat meal options, rising income levels, and elevated living standards. Metal closures play a pivotal role in enhancing the longevity of these products, acting as a formidable barrier against external elements such as dust, moisture, and oxygen. As the packaging sector continues to expand, the metal closures market is poised to benefit significantly, as these closures represent the final line of defense in preserving the integrity of the packaged goods.

Market Drivers:

  1. Consumer Preference for Secure Packaging: Metal closures are preferred for their tamper-evident and secure sealing properties, making them suitable for products like beverages, pharmaceuticals, and cosmetics.
  2. Food and Beverage Industry Growth: The growth of the food and beverage industry, including the demand for bottled beverages and canned foods, drives the need for metal closures.
  3. Recyclability and Sustainability: Metal closures are recyclable and align with sustainability goals, attracting environmentally-conscious consumers and brands.
  4. Long Shelf Life: Metal closures provide an effective barrier against external factors, helping to extend the shelf life of products, particularly in the food and pharmaceutical sectors.
  5. Brand Differentiation: Customizable metal closures allow brands to differentiate their products, enhance visibility, and reinforce brand identity on store shelves.
  6. Emerging Markets: Rising consumer income levels in emerging markets have led to increased consumption of packaged products, boosting the demand for metal closures.

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Key Players

  • Amcor Plc
  • Oberk
  • Tri-Sure packaging
  • Silgan Containers LLC
  • Actega
  • P. Wilkinson Containers Ltd.
  • Metal Closures Pvt. Ltd
  • Kotopack
  • Canpack
  • Roberts Metal Packaging
  • SACMI
  • Viscose Closures Ltd.
  • Hercules Sdn Bhd
  • Peliconi & C
  • Sks Bottle & Packaging Inc.
  • Closure Systems International

Market by Segmentation

By Material Type:

  • Aluminum
  • Tin
  • Stainless Steel
  • Copper

By Production Process:

  • Injection Molding
  • Compression Molding

By End Use:

  • Food & Beverages
  • Consumer Goods
  • Personal Care & Cosmetics
  • Homecare
  • Pharmaceuticals
  • Others (Chemical, Agro Products, etc.)

By Region:

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

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Submarine Optical Fiber Cables Market: Surging at a Remarkable 12.6% CAGR, Projected to Reach US$ 67.8 Billion by 2033

The global submarine optical fiber cables market, which is crucial for global internet connectivity, is expected to experience significant growth. Right now, it’s valued at around US$ 20.6 billion in 2023. According to Future Market Insight’s predictions, we can anticipate an annual growth rate of about 12.6% in this market over the coming years. This means that the market is likely to expand substantially in the future.

The demand for undersea optical fiber cables continues to grow with the expanding use of cloud services and the growth of data centers. Between data centers spread across several areas, these cables facilitate effective data transport and connection.

Submarine optical fiber connections are becoming progressively more viable given rising investments in offshore renewable energy projects. Data and electricity transmission from offshore sites to onshore facilities depends on these connections.

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The demand for underwater optical fiber cables has also been influenced by the continued growth of global trade. These cables enable cross-regional corporate connections and collaboration by facilitating global communication.

The high installation and maintenance expenses related to extending cables across the waters are one of the top market barriers. Submarine cable installations are complicated and specialized, which raises the entire cost.

An important concern is the susceptibility of submarine optical fiber cables to natural calamities like earthquakes and underwater landslides. These occurrences have the potential to interrupt or destroy the wires, resulting in expensive repairs and downtime.

Market restrictions could also originate from legal and political grounds. The expansion of the market in certain locations could be hampered by delays in getting licenses and clearances for cable installations.

The creation of higher-capacity cables is one of the key developments in the market. To accommodate the rising demand for bandwidth, manufacturers are always working to improve the capacity and data transfer speeds of these connections.

The construction of new undersea cable lines offers the market several prospects. To link underserved locations and fulfill the rising demand for connectivity, businesses are looking into alternate routes and increasing their network coverage.

Submarine optical fiber cable integration with other technologies, such as 5G networks, opens up new market expansion prospects. Data transfer across many platforms becomes smooth and effective because of these synergies.

Key Takeaways from the Submarine Optical Fiber Cables Market:

  • The submarine optical fiber cables industry in the United States is predicted to reach US$ 13.7 billion by 2033
  • The submarine optical fiber cables industry in the United Kingdom is estimated to expand at a CAGR of 12.2% between 2023 and 2033
  • During the forecast period, the submarine optical fiber cables industry in China is expected to reach a market share of US$ 14.8 billion
  • The submarine optical fiber cables industry in Japan is predicted to boom at a 12.5% CAGR through 2033
  • South Korea’s submarine optical fiber cables industry is predicted to achieve a market share of US$ 3.6 billion by 2033
  • With a CAGR of 12.4% from 2023 to 2033, the single-mode segment is expected to dominate the submarine optical fiber cables industry
  • With a CAGR of 12.2%, the communication segment is expected to dominate the submarine optical fiber cables industry until 2033

Recent Developments

  • In February 2022, Bharti Airtel Ltd. announced its participation in the South East Asia-Middle East-Western Europe 6 (SEA-ME-WE-6) underwater cable consortium. The purpose of this move was to enhance the capacity of its high-speed global network and provide support to India’s rapidly growing digital economy.
  • In September 2022, C&W Networks upgraded the CFX-1 and EWC subsea fiber optic cable networks using Ciena’s highly acclaimed GeoMesh Extreme. The aim was to deliver state-of-the-art broadband and IP services with speeds of up to 400 GB/s. These network enhancements were specifically designed to assist C&W Networks’ telecom and internet service provider (ISP) clients in meeting their growing bandwidth requirements.

Leading Key Players:

  • ABB Ltd.
  • Bharti Airtel Ltd.
  • Corning, Inc.
  • Ciena Corporation
  • Amphenol Corporation

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Submarine Optical Fiber Cables Market Segmentation:

By Type:

  • Single-mode
  • Multi-mode

By Application:

  • Communication
  • Oil & Gas
  • Defense
  • Scientific Research

By Region:

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Plush Blanket Market Projected to Reach US$ 787 Million with a CAGR of 5.4% by 2033 | FMI

Around US$ 441.1 million was projected to be the total value of the global plush blanket market in 2022, as per a recently published Future Market Insights report. Sales of plush blankets are anticipated to approach 21,698,000 units throughout the forecast period, with the United States, India, and the United Kingdom emerging as key producers of plush blankets. By 2023, it is expected to have generated US$ 787 million, with a CAGR of 5.4% from 2023 to 2033.

Customers are increasingly choosing organic blankets due to growing knowledge of the negative consequences of conventional blankets or blankets created with hazardous chemicals as well as synthetic colors.  Consumers are becoming more likely to favor sustainable items in order to avoid negative environmental consequences and reduce landfills. Manufacturers of plush blankets have adjusted their product lineups to include eco-friendly plush blankets.

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The market for plush blankets is projected to rise as a result of the real estate sector’s rapid improvement. Sales of luxurious blankets are increasing as more upscale bedding becomes available for home use. People who have well-decorated homes are more hospitable and more motivated and interested to work from home. Plush blankets additionally offer premium along with fancy bedding assistance to customers, as well as aesthetic delight.

The market for plush blankets is anticipated to develop as internet usage increases and online distribution channels like Walmart and Amazon continue to grow. One of the main elements influencing the selling of plush blankets via online channels is the superior convenience and accessibility of a broad selection of items. India’s expanding infrastructure is opening up opportunities for investments in the hospitality industry, particularly in hotels and resorts. The presence of several multinational hotel chains is growing in India, which is anticipated to drive sales of plush blankets within the commercial sector in India during the course of the assessment year.

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Key Takeaways from the Market Study

  • Between 2018 and 2022, the demand for plush blankets increased at a 4.6% CAGR.
  • In 2022, the residential sector was estimated to have 31% of the market share for plush blankets overall.
  • Over the projection period, demand for plush blankets of the twin size is anticipated to grow at a 5.2% CAGR.
  • Sales of plush blankets through online channels are anticipated to grow at a 7.2% CAGR until 2033.
  • The market for plush blankets in Russia is anticipated to grow at a 4.8% CAGR over the forecast period.
  • Over the course of the assessment period, plush blanket sales in the United States are anticipated to increase at a 4.9% CAGR.

“The growing popularity of plush blankets has been fueled by the increased use of plush, lightweight materials that provide precise warmth,” remarks an FMI analyst.

Competitive Landscape

Leading companies in the worldwide plush blanket market are putting a lot of effort into research and development in order to introduce cutting-edge goods and services to the market. Well-known businesses are also attempting to form strategic alliances with local distributors and consumers in order to increase their market presence.

Prominent players in the plush blanket market are:

  • L.Bean Inc.
  • Bed Bath & Beyond Inc.
  • American Blanket Company.
  • Sunbeam Products, Inc.
  • Home Depot Product Authority, LLC.
  • Bare Home
  • Utopia Deals
  • FleecePro
  • Plush Addict
  • Shannon Fabrics Inc.
  • Robert Kaufman Fabrics

Some key developments of the leading companies in this market are:

  • A personalized Space Shuttle Launch Rocket Plush Blanket is available from PIXERS.
  • Jay Franco & Sons, Inc.’s Avengers-themed plush blankets are available through Zulily, LLC.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global plush blanket market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the plush blanket market, the market is segmented on the basis of plush blanket by type (twin, twin XL, full, queen, king), sales channel (direct sales, hypermarkets/ supermarkets, specialty stores, online retailing, convenience stores), end-use (residential, commercial) and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Veterinary Rehabilitation Services Industry is on a growth trajectory, projected to attain a 9.06% CAGR from 2023 to 2033 | FMI

Veterinary Rehabilitation Services Industry
Veterinary Rehabilitation Services Industry

The Veterinary Rehabilitation Services Industry is witnessing an unprecedented surge in demand, driven by a growing emphasis on pet wellness and a rise in pet ownership worldwide. As more pet owners recognize the importance of holistic care and post-operative rehabilitation for their beloved companions, the market for veterinary rehabilitation services is expanding at a remarkable pace.

In recent years, there has been a notable shift in pet owners’ attitudes toward healthcare for their furry friends. The increasing awareness about the benefits of veterinary rehabilitation, coupled with the advancements in medical technologies and treatment modalities, has revolutionized the landscape of pet care.

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The global Veterinary Rehabilitation Services Industry size is valued at US$ 792.5 Million in 2022 and it is anticipated to achieve a market valuation of US$ 882 Million in 2023. It is expected to reach a market valuation of US$ 2.1 Billion by the end of the forecast period while exhibiting a CAGR of 9.06% by 2033.

The primary goal of veterinary rehabilitation services is to restore and maintain optimal physical function, alleviate pain, and improve the overall quality of life for animals. These services encompass a wide range of therapeutic techniques, including physical therapy, hydrotherapy, acupuncture, chiropractic care, and more. With a multidisciplinary approach, veterinarians and rehabilitation specialists collaborate to develop personalized treatment plans tailored to each patient’s unique needs.

Key Takeaways:

  • The Veterinary Rehabilitation Services Industry was valued at US$ 510 million in 2019 and it will reach an impressive valuation of US$ 2.1 billion while exhibiting a CAGR of 9.06% by 2033.
  • Pet humanization trends and increasing pet expenditure are augmenting the growth of the veterinary rehab service market.
  • By Animal type, the companion animal segment is expected to dominate the market with a 70% revenue share by 2033.
  • By therapy type, the therapeutic exercises segment is expected to generate the highest revenue during the forecast period.
  • By Indication type, Post surgery segment accounted for a market share of 31% in 2022 and is anticipated to lead the segment by the end of the forecast period.
  • By End-use, Veterinary rehab centers dominated the market with a 45.8 % segment share in 2022.
  • APAC will exhibit the highest CAGR of 13% in the veterinary rehab service market in the upcoming years.

“The market’s expansion may be linked to a paradigm shift toward workflows and process automation across a wide range of businesses and industrial verticals. Enterprises all over the world are eager to embrace effective and smooth business processes that can be executed regardless of location, which is propelling this industry ahead.” comments a Future Market Insights analyst

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Competitive Landscape:

Some of the major company profiles included in the global Veterinary Rehabilitation Services Industry report are-

  • Back on Track Veterinary Rehabilitation Center, LLC
  • Animal Acupuncture and Rehabilitation Center
  • BARC
  • Treasure Coast Animal Rehab & Fitness
  • Animal Rehab Center of Michigan
  • Blue Springs Animal Rehabilitation Center
  • Essex Animal Hospital
  • Triangle Veterinary Referral Hospital
  • Butterwick Animal Rehab Clinic Ltd
  • Animal Rehab and Conditioning Center

In April 2022, the FDA approved Vatinoxan hydrochlorides and Medetomidine injections for dogs undergoing specific clinical examinations and procedures and minor surgical operations. Medetomidine is a synthetic drug used as a surgical anesthetic and an analgesic. Vatinoxan brings down the adverse cardiovascular effects of medetomidine by maintaining the heart rate in the normal range, thus improving the cardiovascular function and the safety profile of medetomidine while the dog is sedated. Zenalpha is aimed to provide sedation and relief of pain that lasts for the duration of the sedation to dogs for clinical examinations or procedures which require the dog to remain still, calm or quiet.

In January 2022, the US FDA provided approval to Elanco Animal Health’s Zorbium which is a (buprenorphine transdermal solution). Due to this approval, veterinarians now have another alternative for managing postoperative pain in cats, owing to this approval.

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Key Segments Profiled in the Veterinary Rehabilitation Services Industry Industry Survey:

By Animal Type:

  • Companion Animals
  • Wildlife Animals
  • Production Animals

By Therapy Type:

  • Therapeutic Exercises
  • Manual Therapy
  • Hydrotherapy
  • Hot & Cold Therapies
  • Electrotherapies
  • Acupuncture
  • Shockwave Therapy
  • Other Therapies

By Indication:

  • Post-Surgery
  • Traumatic Injuries
  • Acute & Chronic Diseases
  • Developmental Abnormalities
  • Other Indications

By End Use:

  • Veterinary Rehab Centers & Hospitals
  • Rescue & Shelter Homes
  • Rehab Sanctuary
  • Others

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Portable Battery Pack Market: A Promising Journey Towards US$ 55.34 Billion with a Projected 12.6% CAGR by 2033

The global portable battery pack market is expected to grow at a compound annual growth rate (CAGR) of 12.6% over the projected period. This industry is anticipated to achieve a market value of US$ 16.89 billion in 2023 and is projected to reach US$ 55.34 billion by 2033.

The market is positively influenced by the ongoing investments in portable battery packs by governments across the globe. For instance, the Government of India is investing in the manufacturing of lithium-ion batteries in Gujarat. This, along with the surging demand for electronic gadgets in India owing to the availability of discretionary income is fueling market growth.

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The market is also powered by the growing awareness among the masses about healthcare, in addition to the increasing use of portable medical equipment. Robust urbanization in developing economies is further fueling product demand. Significant growth opportunities in the Asia Pacific are propelling the market growth. Owing to high sales of electronic equipment, especially smartphones, the region is expected to witness a high adoption rate of portable battery packs.

Emerging regulations by the government to dispose of e-waste caused by electronics might confine the growth prospects for portable battery packs. The adoption of technologies that might render the portable battery pack obsolete is also a key threat to the market.

Key Takeaways from Portable Battery Pack Market Report:

  • The United States portable battery pack industry is projected to be valued at US$ 8.57 Billion by 2033. During the forecast period, the market is expected to assume a growth rate of 3% CAGR.
  • The United Kingdom market is assessed to achieve US$ 1.44 Billion by 2033 end. From 2023 to 2033, the market is anticipated to expand at a CAGR of 9%.
  • The China portable battery pack industry is slated to achieve US$ 14.03 Billion by 2033. During the forecast time frame, the market is projected to perceive a significant CAGR of 14.1%.
  • The Japan market is estimated to attain US$ 8.57 Billion by 2033. In the next 10 years, the market is expected to expand at a CAGR of 8%.
  • In South Korea, the market is forecast to reach US$ 3.39 Billion by the end of the estimated period. During the projection period, the market is assessed to expand at a CAGR of 13%.
  • Based on product type, smartphones are emerging as the top segment. During the coming years, the market is expected to expand at a CAGR of 4%.
  • Based on the capacity range, 2,510 MAH to 5,000 MAH is expected to surface as the leading segment in the upcoming years. The estimated CAGR for this segment is 5%.

Recent Developments:

In the forecast period, it is projected that the advent of new charging technologies and batteries is expected to entirely change the charging scenario of electronics.

  • In August 2022, Lenovo introduced a portable USB-C battery to power a laptop. The product has been launched under the category of the new Lenovo Go brand to bridge the gap between WFH and WFO. More accessories are on their way, as per the company’s statement.
  • Oppo offered its line of magnetic wireless chargers in August 2021. These chargers are projected to operate the same as Apple’s MagSafe. The line contains a 20W charging output and a 4500 mAh battery.

Leading Key Players:

  • BYD Co. Ltd.
  • China Bak Battery Inc.
  • Duracell International Inc
  • Energizer Holdings, Inc.
  • LG Chem Inc.
  • Zagg
  • Panasonic Corporation
  • Samsung Sdi Co. Ltd.
  • Simplo Technology Co., Ltd.
  • Sony Corporation

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Portable Battery Pack Market Segmentation:

By Capacity Range:

  • 1,000 MAH to 2,500 MAH
  • 2,510 MAH to 5,000 MAH
  • 5,010 MAH to 7,500 MAH
  • 7,510 MAH to 10,000 MAH
  • Above 10,000 MAH

By Product Type:

  • Smartphones
  • Tablets
  • Portable Media Players
  • Others

By Technology:

  • Lithium-ion Battery
  • Lithium-polymer Battery
  • Nickel Cadmium Battery

By Region:

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The Global Coffee Grounds Market Projected to Reach US$ 23.3 Billion by 2032 Impacts Across Europe, the USA, and Worldwide

The global coffee grounds market is expected to increase gradually at a 5.1% CAGR and reach roughly USD 23.3 billion by 2032. Coffee grinds are useful for increasing soil fertility since they are high in nitrogen. They add to nutrient-rich soil and are frequently utilised in composting. The benefits of fertilisation and pest control, along with competitive pricing and efficient marketing by coffee bean growers, are driving the market’s expansion.

The global Coffee Grounds market is set to witness growth at a CAGR of 5.1% and is anticipated to reach a valuation of around USD 23.3 Billion by 2032.

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Coffee grounds include nitrogen, which can support the soil’s structure. To boost the fertility of the soil, they could either be dispersed or assimilated. Coffee is frequently found in worm bins or compost piles. This procedure contributes to the creation of fertile soil with a high nitrogen content.

Due to the benefits of employing coffee grounds for fertilisation and pest management, as well as the producers’ adoption of competitive pricing strategies, the market for coffee grounds is expanding. The development of enticing packages and cost-effective coffee bean advertising aid in business progress.

Conversely, frequent coffee use can raise cholesterol levels and lead to hearing loss. The market for coffee grinds will therefore be small. There will probably be a bigger demand for coffee grounds in the near future due to rising demand in the cosmetics industry.

The use of coffee in the medicinal sector is expanding the market for coffee beans worldwide. The health benefits associated with dietary supplements manufactured from coffee beans have led to a rise in the use of coffee beans. Compared to other types of unroasted coffee beans, green coffee beans have a higher concentration of chlorogenic acid since they have not been roasted. Customers are taking green coffee beans as weight-loss supplements more frequently as a result.

Key Takeaways from Market Study

  • The market is segmented based on product type, wherein, Classic Roast Ground Coffee is anticipated to account for around 24.4% of the market share over the forecast period.
  • The North American Coffee Grounds market is expected to witness a lucrative growth rate of 6.8% during the forecast period.
  • East Asia is inferred to account for 16.9% of the global Coffee Grounds consumption through 2032.

“An increasing number of consumers expecting their products to be sustainable, organic and carbon-neutral the market of coffee grounds is projected to grow in the forecast period.” According to the FMI analyst.

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Competitive Landscape

Businesses all over the world are focused on zero waste and circular economy concepts, which has led to the introduction of fresh coffee grounds. To strengthen their position in the coffee grounds industry, several of the biggest corporations are focused on product development and strategic alliances with developing enterprises. Aside from that, new introductions are projected to remain a priority during the forecast period.

Some of the key players operating in the Coffee Grounds market are Starbucks, USS, Death Wish Coffee Company, Foglers Coffee, Royal Kona, Jo Coffee, Hills Bros. Coffee, Peet’s, The Kraft Heinz Company, Kicking Hourse, Red Thread and others

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Coffee Grounds market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on the Coffee Grounds market by product type (drip ground coffee, classic roast ground coffee, sumatra ground coffee, others) by application (food and beverage, agriculture, cosmetic and personal care, insecticides and pesticides) & region across seven major regions of the world.

Coffee Grounds Market by Category

By Type, Coffee Grounds Market is Segmented as:

  • Drip Ground Coffee
  • Classic Roast Ground Coffee
  • Sumatra Ground Coffee
  • Others

By Application, Coffee Grounds Market is Segmented as:

  • Food and Beverage
  • Agriculture
  • Cosmetic and Personal care
  • Insecticides
  • Pesticides

By Regional, Coffee Grounds Market is Segmented as:

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

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Frequently Asked Questions

  • How Big is the Coffee Grounds Market?
  • What is the CAGR of the Coffee Grounds Market for the period 2022- 2032?
  • What is the North America Coffee Grounds Market share?
  • What Are the Key Trends Shaping the Coffee Grounds Market?
  • What are the key players in the Coffee Grounds Market?

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Photonic Sensor Market Illuminates a Bright Future: US$ 91.3 Billion in Revenue Forecast by 2033, Featuring a Remarkable 12.8% CAGR

The photonic sensor market is on the brink of significant expansion, with projections indicating it could soar to a staggering US$ 91.3 billion by 2033. This impressive growth is expected to be driven by a remarkable CAGR of 12.8%.

The use of photonic sensor and detector technologies has become increasingly important in material characterization and processing. Photonic sensors and detectors are now being utilized in a wide range of applications, including surgeries, industries, and daily life, as well as in research laboratories.

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The rising adoption of photonic sensors in consumer electronics is driving the market growth. The demand for safety and security in industries like oil and gas is also fueling the market expansion. Photonic sensors are used for monitoring pipelines and detecting leaks.

Photonic sensors are adopted in various industries such as healthcare, aerospace, and defense. In healthcare, photonic sensors are used for diagnostic imaging and monitoring of vital signs. In aerospace, they are used for navigation and communication. In defense, they are used for target detection and identification.

Industries are realizing the dependability and long-term financial benefits of automated systems based on photonics. The potential of photonic technologies is further boosted by trends like Industry 4.0 and smart factories, which offer predictive maintenance and improved safety in the manufacturing environment.

There is an increasing demand for smartphones, smart watches, tablets, and other consumer electronics that incorporate photonic sensors. As consumer electronics continue to evolve, the demand for photonic sensors is expected to continue growing. Photonic sensors offer high accuracy and sensitivity in these applications.

In the photonic sensor sector, the discovery of novel materials and technologies is a key trend. The goal is to make sensors efficient and less expensive. New materials are being developed that offer great sensitivity and precision.

The photonic sensor industry offers several growth opportunities. Autonomous vehicles are one area where photonic sensors could be used for navigation and obstacle detection. The use of photonic sensors in smart cities is also likely to offer growth opportunities.

Key Takeaways from the Photonic Sensor Market Report:

  • The photonic sensor industry in the United States is predicted to reach US$ 14.6 Billion by 2033.
  • The photonic sensor industry in the United Kingdom is estimated to expand at a CAGR of 11.1% by 2033.
  • During the forecast period, the photonic sensor industry in China is expected to reach a market share of US$ 23.2 Billion.
  • The photonic sensor industry in Japan is predicted to boom at a 13.0% CAGR.
  • South Korea’s photonic sensor industry is predicted to achieve a market share of US$ 5.6 Billion.
  • With a CAGR of 12.7% from 2022 to 2033, the fiber optic sensor segment is expected to dominate the photonic sensor industry.
  • With a CAGR of 12.6% from 2022 to 2033, the biophotonic technology segment is expected to dominate the photonic sensor industry.

Leading Key Players:

  • BAE Systems Plc
  • BK Technologies Corporation
  • General Dynamics Corporation
  • Hytera Communications Corp Ltd
  • Icom Inc.
  • L3 Harris
  • Leonardo S.r.l.
  • MCS Digital
  • Motorola Solutions
  • Thales Group

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Photonic Sensor Market Segmentation:

By Product:

  • Fiber Optic Sensor
  • Image Sensor
  • Biophotonic Sensor
  • Others

By Technology:

  • Fiber Optic Technology
  • Laser Technology
  • Biophotonic Technology

By Application:

  • Industrial
  • Healthcare
  • Automotive and Transportation
  • Safety and Security
  • Others

By Region:

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Maternity Apparel Market Set to Reach US$ 44.08 Billion with a Strong 6.7% CAGR by 2032 | FMI

The global maternity apparel market is projected to have a moderate-paced CAGR of 6.7% during the forecast period. The current valuation of the market is US$ 23.05 Billion in 2022. The market value of the global maternity apparel market is anticipated to reach a high of US$ 44.08 Billion by the year 2032.

Maternity clothes sales increased at a CAGR of 3.5% between 2016 and 2020. Modern mothers are increasingly choosing maternity clothes that are appropriate for the occasion and the location, thanks to the rising influence of fashion magazines, social media, and celebrity endorsements on millennials.

Several clothing companies are concentrating on creating new and fashionable maternity collections in order to take advantage of the growing demand for maternity gear. As a result, from 2021 to 2031, the demand for maternity clothing is anticipated to increase at a compound annual growth rate (CAGR) of 6.7 percent.

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For instance, Zara just unveiled its first line of maternity wear, which includes about 25 items specifically designed for pregnant women. These items include jeans, sweaters, knit dresses, and overalls. Numerous such advances are anticipated to increase demand for maternity clothing.

According to FMI, maternity outerwear gear is anticipated to become the most appealing product type category, making up almost 76.2 percent of total sales in 2021. The growth of the category is being aided by the rising demand for fashionable outerwear items including jeans, skirts, shirts, dresses, and tunics that are sold under various brands.

“Key manufacturers place a strong emphasis on the release of cutting-edge and stylish maternity clothing to shield expectant mothers and babies from dangerous ultraviolet (UV) radiation. These outfits are being tailored with natural and environmentally safe materials. This is anticipated

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Key Takeaways from Maternity Apparel Market Study

  • South Korea and Japan are projected to account for 23.6% and 33.7% of the maternity apparel sales across East Asia in 2021, respectively.
  • Based on sales channels, multi-brand store-based retailing is forecast to hold the largest revenue share in the segment, accounting for more than 29.3% of the sales in 2021.
  • The U.S. is anticipated to dominate the market in North America, accounting for more than 79.2% of the regional sales by 2021-end.
  • Favored by the increasing number of working pregnant mothers in Australia, the country is expected to account for over 51.7% market share.
  • India is projected to emerge as one of the most remunerative markets in South Asia, accounting for around 31.7% of sales in 2021.

Key Drivers

  • High convenience and availability of a large number of unique brands, designs, and affordable prices with big discounts are increasing the sales of maternity appeals through online sales channel.
  • Increasing pregnancy rates and increasing fashion consciousness among modern pregnant mothers across the U.S., Australia, Germany, Japan, and others are driving the growth in the market.

Key Restraints

  • High cost of stylish and fashionable maternity apparel and low consciousness about different maternity clothing across low-income economies are expected to hinder the growth in the market.
  • Increasing preference towards wearing maternity clothes made using natural fabric is hampering the sales of apparel made of synthetic materials such as polyester, and nylon.

Competitive Landscape

H & M Hennes & Mauritz AB, Seraphine Ltd, The Gap Inc., are the top three market players, identified by Future Market Insights. They are expected to cumulatively account for nearly 5% to 6% of the total sales in 2021.

Leading manufacturers are focusing on entering into strategic collaborations and partnerships with other players to expand their product portfolio and increase their market share. For instance,

  • In September 2020, Nike, an American multinational sportswear corporation, announced launching its first-ever active wear collection for pregnant women. The Nike (M) collection range from $45 to $85 online and consists of four products tailored as per the changing women’s bodies before, during, and after pregnancy.
  • In Oct 2020, Momsoon, a Maternity and Nursing Wear start-up, announced entering into a partnership with a leading clothing brand, Monte Carlo to launch its winter collection maternity wear. As a part of the partnership, Monte Carlo will produce maternity wears designed by Momsoon for online sale channels.

Some of the key players operating in the market profiled by FMI are:

  • Adidas AG
  • ASOS Plc
  • Brainbees Solutions Pvt. Ltd.
  • Hanesbrands Inc.
  • H & M Hennes & Mauritz AB
  • C. Penney Co. Inc.
  • Nike Inc.
  • Seraphine Ltd
  • The Gap Inc.
  • Tytex AS

Maternity Apparels Market by Category

By Product Type:

  • Outerwear
    • Tops
    • Tunics
    • Bottom
    • Dresses
    • Others
  • Innerwear
    • Lingerie
    • Camisoles
    • Others
  • Nightwear

By Material Type:

  • Cotton
  • Nylon
  • Polyester
  • Synthetic
  • Spandex
  • Others

By Price Range:

  • Below US$ 100
  • US$ 100 – US$ 200
  • US$ 200 and Above

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube