Market Research Blog

The Sippy Cups Market: From an estimated market size of US$ 7,765.2 Mn in 2018, the value sales of sippy cups are expected to reach US$ 11,684.4 Mn by 2027 with a CAGR of 4.6%. The Sippy cups market, which offers a diverse range of items in the baby care products sector, is expected to rise steadily in the coming years.

According to Future Market Insights’ recently released market research intelligence, Asian countries continue to dominate the global market for Sippy cups. Although APEJ’s dominant position in the worldwide Sippy cup market is due to a large newborn population and an equally rapid growth rate, Europe is also represented as a significant regional market.

Ecommerce Penetration Plays a Crucial Role in Market Growth

“While APEJ and Europe seem to maintain their global dominance in Sippy cups market owing to the presence of a strong base for a majority of leading manufacturers and relatively higher rate of infant population growth, it is the dramatically increasing Ecommerce penetration that is prominently boosting the growth of Sippy cups market across urban areas of Asia and Europe,” explains a senior market research analyst at the company.

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Moreover, discussing the top selling product types segments in Sippy cups market, the analyst says, “Soft spout Sippy cups secure the top selling product position, whereas plastic remains a favored choice of material among manufacturers of toddler sippy cups. Based on the age group of toddlers, Sippy cups for 12-18 months are most attractive”.

When it comes to ranking the most popular distribution channel for Sippy cups, the report highlights that supermarkets/hypermarkets continue to account for maximum sales of Sippy cups. However, online sales are buckling-up and may demonstrate faster growth over conventional retail channels over the course of upcoming years. Almost 20% of the total baby products sale occurs online (as of H1 2018), which clearly reflects the signs of an amplified share in the near future.

Munchkin Inc. has been dedicating heavy investment in online sales, with an additional promotional value through company blogs and informative articles on baby care products.

Customization and Innovation Trend Sippy Cups Market

• Innovative, convenient, versatile, and durable Sippy cups are currently shaping the revenue growth of Sippy cups market.
• The report anticipates safety and additional features to emerge as the most sought after parameters influencing purchasing decisions of consumer parents.
• Customization of Sippy cups is identified to be a growing trend that manufacturers are capitalizing on, in recent years.
• Baby fashion has been a significant factor positively influencing product innovation and sales across the baby care category.
• Another factor likely to hold long-term influence on Sippy cups market revenue growth is the growing number of strategic mergers and acquisitions across juvenile durable goods category.

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CollapseAndGo recently launched convenient on-the-go Sippy cups – Collapsacup – targeting a broad range, from newborns to five years olds. These Sippy cups, as are made from silicone, are bacteria-resistant, tasteless and odorless, and temperature-resistant.

Koninklijke Philips N.V., one of the major operators in the competitive landscape, is focusing on the diversification of an existing line of leak-proof, BPA-free Sippy cups and bottles.

Experts Recommend Limited Use of Sippy Cups

A number of paediatricians altercate frequent use of Sippy cups, as the overuse may eventually result in reliance on sippers, and an increased risk of cavities due to overexposure to sugars in the milk, juices, or formula inside. They also suggest that dependence of toddlers on Sippy cups may lead to sabotaging meal times and delayed speech development.

The American Academy of Paediatric Dentistry even recommends the transition from Sippy cups to normal cups as early as possible, after the age of one year. These and more such concerns related to increasing adoption of Sippy cups are likely to hold a significant impact on the sales of Sippy cups, says the report.

It is ideally suggested that Sippy cups should be allowed only for travel use, and ordinary cups or mugs should be brought in as better alternatives as early as possible.

BPA-free Sippy Cups Continue to Attract the Interest of Investors

BPA has been in use for plastic bottles and baby Sippy cups over the past decades. However, the US FDA officially prohibited the use of BPA (bisphenol A) from baby bottles and Sippy cups (post 2012) – post the revelations made by the American Chemistry Council that BPA tends to leach into food and beverage products, including water, milk, and infant formula – subsequently passing on the traces into the consumer’s body. Research says that BPA traces may later even pose adverse health effects predominantly on brain and behavior of toddlers and children.

This industrial chemical that mimics estrogen has thus been on the radar of Sippy cups manufacturers and by now, the entire Sippy cups market has travelled a paradigm shift to BPA-free Sippy cups. As the consumer sector is witnessing a rapid influx of products labelled BPA-free, it is most likely that the focus of Sippy cups and bottles manufacturers on the BPA-trend will zoom in over the coming years. Material innovation in the BPA-free segment is anticipated to remain a highly notable trend shaping the competitive landscape of Sippy cups market, reports FMI.

However, although manufacturers of Sippy cups and bottles have been taking into consideration the concerns over potentially hazardous health effects of BPA and thereby switching to an extensive range of similar-looking material alternatives, ongoing research continues to indicate that even ‘BPA-free’ may not be entirely safe, and have a certain set of health risks associated with it.

Market Segmentation

On the basis of product type, the global Sippy cups market is segmented into soft-spout cups, hard-spout cups, straw cups and spout-less cups. The global Sippy cups market is further segmented on the basis of source. The source segment includes plastic, glass, stainless steel and other sources, which include fabric, cotton etc. The global Sippy cups market is also segmented on the basis of potential end users as 0-12 months, 12-18 months, 18-24 months and 2 years & above. On the basis of sales channel, the global Sippy cups market is on the basis of distribution which includes segmented into supermarket/hypermarket, convenience store, specialty store and online store.

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About Future Market Insights, Inc.

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.

Contact Us:

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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The Wine Cooler Market is expected to reach US$ 2 Bn in 2018, likely to surge at a vigorous 5.6% CAGR during the assessment period 2019 – 2029. The market will garner prominence on the back of heightened demand in hospitality, and food & beverages industries. Moreover, increased product launches owing to technological innovations is driving the market growth, finds a new Future Market Insights (FMI) report.

The women’s footwear market is estimated at US$ 178.4 Billion in 2022 and is projected to reach US$ 219.5 Billion by 2027, at a CAGR of 3.2% from 2013 to 2021. Share of women’s footwear market in its parent market (footwear market) is close to ~44%.

In the global women’s footwear market, companies across the globe are focusing on research & development as well as the launching of new product variants, which is a key factor driving the demand for women’s footwear across the globe. Companies operating in the women’s footwear market are constantly making significant investments in research and development activities to cater to the evolving needs of customers seeking authentic and specialised products.

Women’s footwear has standard features such as style, comfort, basic functionality and durability. Moreover, companies are also launching women’s footwear with added benefits such as soft sensors. Soft sensor network circuits or flexible sensors are embedded into the insole or the upper sole to measure data, which is then programmed and sent to an external device such as a watch or a smartphone. This technology is effective in monitoring injuries and even greater complications such as diabetes and others, owing to which the women’s footwear market is expected to witness significant growth.

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Key Points Covered in Women’s Footwear Market Survey

• Market estimates and forecast 2013-2027
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis

Women are often concerned about their physical body shapes, and they engage in a variety of activities to maintain their fitness, including trekking, gym training, yoga, aerobics, and so on. Maintaining healthy behaviors, controlling stress, and getting additional assistance are all vital, according to the Centers for Disease Control and Prevention, especially during COVID-19. Regular exercise, decent sleep habits, and avoiding excessive alcohol consumption are all simple methods to maintain healthy behaviors.

Manufacturers were motivated by growing worries about physical health among women consumers, thus market players produced smart shoes for both men and women. Nike, for example, released the groundbreaking self-lacing HyperAdapt 1.0 sneakers in 2018. Pressure sensors in the soles detect when the foot should be inserted and trigger an algorithm that allows for automatic lacing. The shoes have built-in LEDs that can alert the wearer about low battery or a tight fit. Furthermore, these shoes do not require daily charging and may be charged for up to two weeks.

Furthermore, numerous footwear makers have implemented a 3D manufacturing technique, which has changed the sector. 3D printing has become a new buzzword among enterprises that make real items. This trend could not be avoided by the footwear business. Several footwear startups have invested in the development of 3D printing technologies for manufacturing. Feetz, a custom shoe company based in the United States, built its own 3D printer utilizing a fused filament creation technology. 3D printing is also gaining popularity due to its low environmental impact. Women’s footwear can also be 3D printed, and companies that use 3D printing technology have the possibility to flourish.

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Key Takeaways from the Women’s Footwear Market Study

• As people’s lifestyles get more ‘healthy,’ and traditional dress codes become more relaxed and casual, it’s likely that sporty, comfy, and casual women’s footwear will continue to dominate the market.
• The demand for women’s footwear is quite high and growing at a rapid rate. Women’s footwear is being targeted by major footwear firms, and the women’s footwear business is being strengthened through particular advertising and branding.

Impact of COVID-19 on the Market

The COVID-19 outbreak wreaked havoc on a variety of businesses around the world, including the women’s footwear industry. Due to combined effect of outlet closures and frugality as a result of rapidly deteriorating economic circumstances, the discretionary character of footwear rendered it one of the most significantly damaged businesses by the pandemic. Due to the availability of online shopping and doorstep delivery, the women’s footwear market saw a boom in demand in the mid-months of 2020.

Who is winning?

Leading manufacturers of women’s footwear are focused on aggressive promotional strategies and advertisements that have driven sales growth of women’s footwear globally.

Major players present in the women’s footwear market are Nike Inc., Adidas AG, Puma SE, Skechers U.S.A. Inc., Under Armour Inc., Wolverine World Wide Inc., Crocs Inc., ASICS Corporation, Deichmann SE, The ALDO Group Inc. among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global women’s footwear market, presenting historical demand data (2013-2021) and forecast statistics for the period from 2022-2027. The study divulges compelling insights on the women’s footwear market based on the product type (casual shoes, boots, heels & pumps, sandals, flip flops & slippers, sports shoes, safety shoes), by base material (rubber, leather, plastic, velvet, textiles and others), by sales channel (hypermarkets/supermarkets, speciality stores, multi-brand stores, direct sales, 3rd party online retailers and other sales channel), across each of the seven major regions.

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Competitive Landscape

Leading players operating in the global market are focusing on product launch, partnership with celebrity endorsements, promotional activities, and other strategies in order to expand their business globally.

For instance:

In 2019, Ivy Park, the singer’s successful athleisure line, was relaunched in collaboration with Adidas. Beyoncés support is likely to produce significant returns for the European shoe company, with over 126 million Instagram followers and a net worth of around $355 million.

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About Future Market Insights, Inc.

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.

Contact Us:

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

The global wall décor market is estimated at US$ 58.2 Bn in 2022 and is projected to reach US$ 70.9 Billion by 2027. The market grew at a CAGR of 3.5% from 2013 to 2021. The wall décor market holds a share of nearly 1% in the overall home decor market.

According to Future Market Insights’ historical estimations, the global wall décor market registered a CAGR of 3.5% from 2013 to 2021. The wall décor market holds a share of nearly 1% in the overall home decor market.

As per the analysis done by FMI, the variation between the BPS values observed in the wall decor market in H1, 2022 – Outlook over H1, 2022 Projected reflects a growth of 60 units. However, compared to H1, 2021, the market is expected to spike by 66 bps in H1 -2022. The growth in the global wall decor market is attributed to transitioning lifestyle preferences of consumers along with the rise in influence across developing countries.

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Future Market Insights showcase a comparison and review analysis of the dynamics of the wall décor market which is expected to principally be subjected to an array of industry factors combined with certain definite influences regarding viewpoints that support industry innovation. Some new advances that have taken place in the market include innovation by coming up with several new products in the market. The prominent companies operating within the market offer several premium-class wall décor products with a combination of unique designs that is predicted to attract a higher number of consumers towards the products.

The wall décor market is expected to witness an upsurge as it is attributed as a possible pocket-accommodating method for restoring the insides of a structure. Owing to the great possibility in the market that allows the customer to modify and customize the product according to their desires is driving the volume of sales. Moreover, the customer’s financial ability, structure renovation, or construction of new buildings directly intends to affect the sales.

Key Takeaways

• Over the recent years, the global wall décor market has adopted a more nature-inspired approach by incorporating natural and warm elements in the designs in order to earthen luxury components, specifically in the household and the hospitality sectors. In the present era, customers are seeking materials that are derived from nature. The adoption of nature-inspired patterns for décor makes the space look authentic and spacious.
• The prevalence of wall-mounted shelves is increasing which are also derived from wood and make them appear natural and pleasant on the wall. Another trend witnessed in the market is the advent of hand-crafted and recycled furniture for interior designing.
• Another trend that has recently gained immense popularity is the usage of earthy colors. Various types of décor products, such as shelves, wall hangings, frameworks, mirror works, and metal works, impart softer pastels and earthy tones. The market has witnessed the usage of various earthy colors such as soft greens, browns, and taupe. Purple is also among the trending natural and earthy colors.
• Due to the increasing interior designs and shifting consumer preferences for several wall décor products such as wall hangings made of wood, fabric & textile, significant growth in the global wall décor market has been witnessed over the assessment period.
• The rising trends within the global industry are dynamic and constantly changing per the latest trends, especially in the case of the interiors of public places along with the healthcare industry. Even within the housing sector, consumers are very particular about how they want the interiors of their homes to look. As a result, the market has been witnessing the introduction of new trends and features, which cater to the needs of target customers.

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Competitive Landscape

Prominent market players are focusing on the global industry and are concentrating on product launches based on product innovation and new designs along with several other strategies in order to expand their business globally.

More Insights into the Wall Decor Market

The U.S. is anticipated to dominate the North American region by exhibiting a growth rate of over 2.6% over the forecast period. The population of the U.S. constitutes individuals who have a major inclination towards products that are manufactured using innovative and modern machinery that makes the products easy to install and maintain. Furthermore, the individuals in the country believe in the concept of DIY projects and therefore, the vast product portfolio of the market constitutes the various product ranges that are expected to bolster growth in the U.S. market.

Global Wall Decor Market by Category

By Product Type:

• Shelves
• Wall Stickers
• Hangings
• Frame Works
• Mirror Works
• Metal Works
• Others

By Base Material:

• Wood
• Fabric & Textile
• Plastic
• Glass
• Metal
• Others

By End Use:

• Residential
• Commercial
  • Hospitality
  • Salon & Spa
  • Offices & Showrooms
  • Restaurants
  • Educational Institutes
  • Spiritual Institutes
  • Others

By Sales Channel:

• Wholesalers/ Distributors
• Hypermarkets/ Supermarkets
• Specialty Stores
• Multi-brand Stores
• Online Retailers
• Others (Club Stores, Gift Shops)

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About Future Market Insights, Inc.

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.

Contact Us:

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