Market Research Blog – Page 7005 – New Product Development

Floriculture Market – Europe is the Leading Region of the Floriculture Market

The floriculture market is close to being valued at US$ 49.8 Bn in 2022, and is expected to surge to a valuation of around US$ 80.5 Bn by 2029, rising at a CAGR of around 6.7% over the 2022 to 2029 assessment period.

The market for floriculture, which is mostly supported by cut flowers, will grow significantly thanks to the recent explosion in popularity of edible flowers.

Institutions/events that currently hold around 3/5 of the share in the market would remain the prominent adopters of floriculture /agriculture items.

Huge potential for flowers for the purpose of decoration throughout multiple occasions would fuel the growth of the institutions/events segment during the forecast period.

Flowers are bought for a variety of purposes, including expressing love or sympathy, as well as achieving environmental and aesthetic aims. Floriculture is currently being adopted because of the necessity to incorporate green cover into workplace interior designs.

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Key Takeaways – Global Floriculture Market Study

Europe is expected to retain its dominant position in the global floriculture market, attributed to increasing adoption of gardening activities in the region.
Among product type, the cut flowers segment is considered a key contributor to growth of the global floriculture market, due to high consumption of fresh roses in decorations such as bouquets at events, vase arrangements, and as gifts on special occasions.
The cut foliage segment is expected to witness a significant CAGR in the global floriculture market, owing to increasing use of mix bouquets in flower arrangements at events and festivals.

Rising Environmental and Social Responsibility to Shape Market Trends

Consumers demand sustainably produced flowers, attributable to increasing consumer awareness regarding environmental and social impact of production and trade of floriculture products worldwide. Thus, all participants in the floriculture value chain aim adopt sustainable agricultural practices such as integrating pest management and conservation agriculture to reduce negative impact of their activities on the environment.

Consumers in the market are also willing to pay more for sustainably grown flowers. Thus, companies aim to obtain certifications and are offering fair trade, FPP, and other certified flowers to their consumers in order to improve their market position.

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Floriculture Market: Competitive Landscape

Prominent players in the global floriculture market are Tropiflora Ltd., Forest Produce Ltd., Selecta Cut Flowers S.A.U., Native Floral Group, Tropical Foliage Plants, Inc., Oserian Group, Esmeralda Farms, Marginpar BV, DOS GRINGOS, LLC, Flamingo Horticulture Ltd., Danziger Group, Florensis Flower Seeds UK Ltd., Verbeek Export B.V., Florance Flora, Karuturi Global Ltd., and others.

Players in the floriculture industry are focusing on Asia for production and sales of commercial floriculture products, owing to significant rise in demand for low cost flowers in this region. Companies are also entering various strategic partnerships with domestic players to expand their market footprint.

Key Segments of Floriculture Industry Survey

Floriculture Market by Product:

Cut Flowers
Cut Foliages
Plants
Propagation Materials

Floriculture Market by Flower:

Roses
Chrysanthemums
Tulips
Lilies
Gerberas
Carnations
Texas Bluebells
Freesias
Hydrangeas
Others

Floriculture Market by End Use:

Floriculture for Personal Use
Floriculture for Institutions/Events
Floriculture for Hotels, Resorts, & Spas
Floriculture for Industrial Use

Floriculture Market by Sales Channel:

Direct Sales of Floriculture Products
Floriculture Products Sold at Specialty Stores
Floriculture Products Sold at Franchises
Floriculture Products Sold at Florists & Kiosks
Floriculture Products Sold at Supermarkets/Hypermarkets
Floriculture Products Sold at Independent Small Stores
Floriculture Products Sold by Online Retailers
Others

Floriculture Market by Region:

North America Floriculture Market
Latin America Floriculture Market
Europe Floriculture Market
East Asia Floriculture Market
South Asia & Pacific Floriculture Market
Middle East & Africa (MEA) Floriculture Market

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Compostable Toothbrush Market is Presumed to Record a CAGR of 8.5% Through 2032: Data Analysis by Experts at Future Market Insights, Inc.

The compostable toothbrush market is projected to reach a valuation of US$ 30.43 Billion in 2022, likely to surge at a vigorous 8.5 % CAGR from 2022 – 2032. In the Compostable Toothbrush Market” study 2022, the industry landscape is covered from driving factors to upstream markets and the overall state of the market.

An in-depth analysis of the overall growth prospects for the global and regional market was provided which was based on an in-depth analysis of key industry players, primary and secondary data.

Compostable Toothbrush made of biodegradable matter in the preservation period of performance is unchanged, and under the condition of the natural environment after using can degrade the environment harmless substance in pairs, except the nylon bristles.

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Global Compostable Toothbrush Scope and Segment

Compostable Toothbrush market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Compostable Toothbrush market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2022-2032.

Moreover, it helps new businesses perform a positive assessment of their business plans because it covers a range of topics market participants must be aware of to remain competitive.

Compostable Toothbrush Market: Competition Landscape

Humble Co, Georganics, Mabboo, The Future is Bamboo, Urban Vegan, WooBamboo, Bambrush, WowE LifeStyle, All Clean Natural

Analysis:

As well as providing an overview of successful marketing strategies, market contributions, and recent developments of leading companies, the report also offers a dashboard overview of leading companies’ past and present performance. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the Compostable Toothbrush Market.

The current market dossier provides market growth potential, opportunities, drivers, industry-specific challenges and risks market share along with the growth rate of the global Compostable Toothbrush market. The report also covers monetary and exchange fluctuations, import-export trade, and global market

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status in a smooth-tongued pattern. The SWOT analysis, compiled by industry experts, Industry Concentration Ratio and the latest developments for the global Compostable Toothbrush market share are covered in a statistical way in the form of tables and figures including graphs and charts for easy understanding.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Car Covers Market Size is Aiming to be Valued at US$1074.03 million by 2032 | FMI Study

The car covers market size is likely to register a CAGR of 2.5% during the forecast period, up from US$ 798.6 Million in 2022 to reach a valuation of US$ 1074.03 Million by 2032.

Due to rising consumer disposable income, significant variations in customer living standards, and growing demand for cars, particularly automobiles, the worldwide market for car coverings is anticipated to grow rapidly over the course of the projected period.

Car coverings prevent the car’s outside paint and refinish texture from fading and losing its lustre. Additionally, it may shield the car’s interior electronics, like the air conditioning, car music, and mechanisms, from the sun’s damaging rays.

The market offers a variety of vehicle covers that are constructed of various materials and serve a variety of purposes, therefore the producer concentrates on implementing new technologies to launch new products with.

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Car Covers Market: Dynamics

The major factor driving the car covers market is the increasing awareness regarding the safety of the vehicle among individuals or car owners. As car covers protect the car from various factors such as, bird poop, tree leaves, stones and other small materials, it also protect the car paint and electronic system of car from harmful sunrays. Owing to all this application and advantages of car covers, its demand is growing at fast pace.

The other factors which have the impact on the growth of car covers market are growth in automotive industry, growing automotive equipment industry, growing demand of car covers due to increasing global warming and changing climate, increasing demand of cars owing to improvement in standard of leaving and other factors.

However, there are some small disadvantages or we can say the demerits of the usage of car covers, such as it may damage the paint of the car due to the friction between car cover and car, if it does not fit properly.

The prominent players involved in the manufacturing of car covers are focusing on the introduction of automatic and semi-automatic car covers. Automatic Car covers are the new trend in the car covers market and expected to capture the significant amount of market in the future. Also the semi-automatic car covers are attracting the end users and creating more opportunistic market.

Car Covers Market: Regional outlook

Considering regions, the market of Car covers are anticipated to lead by East Asia during the forecast period due to the reason that growing automotive industry, increasing adoption of new technologies and also the presence of various car covers providers in this region driving this market.

Europe is anticipated to robust growth owing to a growing awareness regarding safety of the vehicle and increasing demand of car covers in Germany and rest of the Europe. The North America is the significant emerging market of car covers and expected to witness, double-digit growth, in terms of revenue.

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Substantial car covers production is expected in the Latin America market, owing to the growing adoption of new technologies and increasing number of local vendors in this region. The car covers market in Middle East and Africa is estimated to witness relatively stable growth.

Key Segments

By Product Type:

Conventional
Automatic
Semi-Automatic

By Type:

Custom car cover
Universal car covers

By Application:

Individual and Vehicle Manufacturers
4S store

By Sales Channel:

Online Shopping Portals
Automotive OEM Centers
Independent Aftermarket Vendors

By Region:

North America
Latin America
Asia Pacific
Europe
MEA

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Water Sink Market in U.S. is Expected to Hold a Significant CAGR of 2.3% during forecast period

The water sink market is estimated at US$ 45.9 Bn in 2022 and is projected to reach US$ 52.9 Bn by 2027, at a CAGR of 2.5% from 2013 to 2021. Share of water sink market in its parent market (kitchen fixtures market) is close to 30%-35%.

Over the years, the global water sink market has evolved tremendously in terms of product offerings and quality. With a stream of smartphones and upgraded electronic equipment gaining traction among the target segments, the global water sink market is striving to offer efficient services.

In the premier segment, the new generation of smart sinks provide additional services such as the dispensing of liquid soap and water, drying out one’s hands, etc. The AER-DEC Integrated Sink System by Sloan is an example of a smart water faucets that is being designed to be efficient as well as hygienic.

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The consumers of today are more inclined to nature-based interior designs that give the perception of a more spacious and authentic look from the inside. Hence, most water sink manufacturers are aiming at creating nature-oriented water sink products for households as well as commercial segments.

For instance, vessel water sinks and traditional farmhouse water sinks have become among the most preferred water sink products among target customers. Hand-carved stone on water sinks provide a splendour touch to the products and provide a lasting impression in the minds of consumers.

As customers are confused while choosing the colours of water sinks, there has been an increase in the preference for monochrome style kitchens and bathrooms, which keep the black and white colours consistent. Matte black is another upcoming colour used in bathroom faucets, hardware as well as water sink products as it provides an overall natural and luxurious look.

Key Takeaways from the Water Sink Market Study

Consumers want to keep the interiors of their homes looking good to spread positive energy, therefore they maintain the interiors of their kitchens and bathrooms as well to improve comfort and cleanliness.
As a consequence, installing modernised water sinks in bathrooms and kitchens aids in meeting the varied tastes and requirements of target clients.
Online platforms provide for the advertising of goods and services as well as their simple delivery to the intended clients, therefore this sales channel is predicted to grow.
Additionally, it is anticipated that the worldwide market for water sinks would see an increase in sales due to technical improvements in the industry.

Impact of COVID-19 on the Market

The COVID-19 epidemic impacted various industries worldwide, even the kitchen fixtures industry. The kitchen fixtures market saw a decline in demand in the mid-months of 2020, due to government restrictions imposed globally, furthermore closure of manufacturing plants disrupted the overall supply chain.

However, despite of the slowdown in the initial months of the year 2020, the kitchen fixture market saw a surge in demand during the last months of 2020 due to increasing commercial as well as residential projects. Besides this, the growing penetration of disease further encouraged the government organizations especially in the developing countries, to take hygiene factor into serious consideration in various public areas.

The government bodies have already proposed the installation of public toilets and other fixtures wherever necessary. Thus the installation of such public toilets and bathroom are likely to trigger demand for various water sink products especially drop-in water sinks.

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Who is winning?

Leading manufacturers of water sink are focused on aggressive promotional strategies and advertisements that have driven sales growth of water sink globally.

Major players present in the water sink market are Blanco America, Inc., Crown Products (Kent) Limited, Elkay Manufacturing Company, Franke Kitchen Systems, LLC, Huida Sanitary Ware Co., Ltd., JULIEN INC., Kohler Co. (Sterling), Kraus USA INC., LIXIL Corporation (American Standard Brand), Moen Incorporated, Mountain Plumbing Products, Roca Sanitario, S.A., ROHL LLC., Schock GmbH, Stern-Williams Co. Inc., among others.

Global Water Sink Market By Category

By Product Type :

Drop-in Water Sink
Pedestial Water Sink
Top Mount Water Sink
Undermount Water Sink
Wallmount Water Sink
Others

By Base Material :

Fireclay
Stainless Steel
Cast Iron
Copper
Quartz
Others

By End Use :

Household
Commercial
- Foodservice
- Healthcare
- Hospitality
- Corporate & Government Offices
- Educational Institutes
- Public Toilets
- Shopping Malls
- Clubs &Resorts
- Others

By Sales Channel :

Wholesalers/ Distributors
Specialty Stores
Multi-brand Stores
Direct Sales
Online Retailers
Other Sales Channel

By Region :

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global water sink market, presenting historical demand data (2013-2021) and forecast statistics for the period from 2022-2027.

The study divulges compelling insights on the water sink market based on the product type (drop-in, pedestial, top mount, undermount, wallmount and others), by base material (fireclay, cast iron, copper, quartz and others), by end use (household and commercial-[foodservice, healthcare, hospitality, corporate & governance offices, educational institutes, public toilets, shopping malls, clubs & resorts and others]) by sales channel (wholesalers/distributors, speciality stores, multi-brand stores, direct sales, online retailers and other sales channel), across each of the seven major regions.

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North America Winter Wear Market is Projected to Grow at a 3% CAGR over the forecast period

The global winter wear market s estimated at USD ~285 billion in 2022 and is projected to reach USD ~295 billion by 2027, at a CAGR of 4.7% from 2017 to 2021. As per newly released data by Future Market Insights (FMI), the demand for winter wear market grew at approximately 5.0% CAGR in forecast year, reaching a market valuation of US$ 280.0 Bn in 2020. Share of winter wear market in its parent market (apparel market) is close to ~3%-9%.

To lessen the volatility of raw material prices, restrain the rise of the market’s volume, and satisfy the rising demand for premium brands, manufacturers are concentrating their efforts on premiumizing their current winter wear brands.

The expansion of the winter clothing industry is primarily attributable to climate change. Many businesses are looking at ground-breaking technology to enhance the quality and efficiency of their products in preparation of warmer winters and record-breaking winter temperatures.

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The cold-weather recreation sector in America, according to Climate Central, has a particularly strong stake in warmer winters. For sports ranging from downhill skiing to ice fishing and outdoor ice hockey, low temperatures, plenty of snowfall, or both are required. The US economy earns billions of dollars each year from winter recreational activities. In terms of the country’s cultural legacy, winter sports are also noteworthy.

Nowadays, the younger generations are getting attracted to recreational activities such as hiking, fishing, snow skating and many other winter sports. In order to play or take part in winter sports the consumers are expecting high branded winter clothes.

Furthermore, firms in the winter clothes industry are focusing their efforts on increasing the value of their products. For example, in November 2018, Oros Apparel released Solarcore insulation, a space-based insulation that makes one of the warmest winter jackets in the market. The company utilized aerogel material technology, which was initially designed for NASA spacesuits, to make innovative winter wear gear.

Key Takeaways from the Winter Wear Market Study

Players in the market are concentrating on using a variety of marketing methods, including celebrity endorsement, product premiumization, marketing campaigns, events, and developing digital presence to engage with customers directly. The market for winter clothing will probably expand faster in the near future as a result of these factors.
Due to an increase in snow events and winter activities that need body warmth, woollen winter wear goods are predicted to grow at a CAGR of 4%.
According to estimates, the market for winter wear’s jackets and coats accounts for a rather high value share. Throughout the projection period, the category is anticipated to maintain its dominance.
In North America, the U.S. is anticipated to have a significant value share of 83.0%.

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Who is Winning?

Leading manufacturers of winter wear are focused on aggressive promotional strategies and advertisements that have driven sales growth of winter wear globally.

Major players present in the winter wear market are Nike Inc., Aero Group, Fenix Outdoor Group, Wintergreen Northern Wear, Helly Hansen Company, Forever 21, Inc., J.Crew Group, Inc., American Multinational Corporation Gap Inc., Zara SA, Patagonia, Inc., Columbia Sportswear Company, Gap Inc., and VF Corporation among others.

Impact of COVID-19 on the Market

As a result of the covid-19 outbreak, various sectors and locations faced a temporary standstill. The economic downturn impacted both the supply and demand sides of the industry. Apart from that, it had a significant impact on consumer purchasing behaviour, as a significant number of customers shifted from impulsive to thoughtful spending, influencing the winter clothing business to some extent.

The global outbreak of covid-19 ushered in a period of unprecedented trade disruption. Consumers acquired short-term habits that, in some cases, have become permanent as a result of the pandemic. The transition to digital was the most major behavioral change that happened as a result of the epidemic.

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Global Winter Wear Market by Category

By Product Type:

Jackets/Coats
Sweaters/ Cardigans
Scarves, Shawls & Wraps
Sweatshirts & Hoodies
Hats, Caps, & Gloves
Others

By Material Type:

Cotton
Wool
Velvet
Fur
Leather
Others

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By Consumer Orientation:

Men’s Winter Wear
Women’s Winter Wear
Kids Winter Wear

By Size:

Small
Medium
XL
Double XL
Online Retailers
Others Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Dishwasher Market is Projected to Reach US$ 58,409.6 Million by the end of 2032 | FMI Report

The dishwasher market is estimated at US$ 34,194.8 Million in 2022 and is projected to reach US$ 58,409.6 Million by 2032, at a CAGR of 5.5% from 2022 to 2032. Share of dishwasher market in its parent market (house appliance market) is approximately ~2%-6%.

Several large-, small-, and mid-size firms across the U.S. are aggressively investing in the IoT industry. With most businesses switching to IoT, it’s expected to have an impact on a variety of industries, including lighting, HVAC, healthcare, security, and entertainment.

The Internet of Things (IoT) has risen in popularity among residential users as a result of the benefits gained by connecting household goods to the Internet. IoT connects products, software algorithms, services, and end users, allowing data to flow freely and making real-time choices easier. It has been shown to increase the quality and consistency of automation systems

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Key Takeaways from Market Study

Increasing Internet penetration and consumer enthusiasm toward connected devices are laying the foundation for the growth of the U.S. dishwasher market.
The market is currently experiencing a shift in consumer preference from conventional to smart dishwashers.
As per the analysis, sales of dishwashers in the residential category are expected to reflect high growth.
Built-in dishwashers account for around half of the overall market share in the United States.

Key Market Players

The report highlights important trends in the competitive scenario of the dishwasher market in the United States, along with the highlights of differential marketing strategies used by players in the market. Established players in the U.S. market account for 60% to 65% market share.

Some of the key players identified across the value chain include BSH Home Appliances Corporation, LG appliance, Whirlpool Corporation, Electrolux AB, Haier America Company LLC, and IFB Industries Limited, among others.

By Product Type:

Freestanding
Built-in

By Application:

Commercial
Residential

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By Sales Channel:

Wholesalers/Distributors
Multi-Brand Stores
Specialty Stores
Hypermarket/Supermarkets
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

Automatic Dishwashing Products Market Size Predictions : US$ 2.6 Billion by 2032 | Future Market Insights, Inc.

The automatic dishwashing products market size is anticipated to increase at a high CAGR of 4.9% (2022-2032), reaching a value of about US$ 2.6 Billion by 2032 – FMI. In-depth vendor selection process and analysis, as well as a comprehensive competition landscape and market growth forecast, are provided in these research studies.

The study also includes a competitive analysis of the market, which includes current growth drivers, market size, astute opinions, relevant data, and industry-validated market data forecasts through 2032.

Consumers are becoming more aware of the importance of staying healthy and hygienic. In addition to this, busy schedules and hectic lifestyles among individuals is driving the preference for convenient and cost-effective appliances for home-cleaning. As a result, the market for automatic dishwasher products will gain traction in the forthcoming years.

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In recent years, the preference for chemical-free and plant-based products has increased. Surging demand for natural products such as floral essences and essential oil fragrances will fuel the growth in the market over the forecast period. Seventh Generation, for example, is a popular brand of natural household products in the U.S., and it invests extensively in marketing and promoting its products.

Automatic Dishwashing Products Market: Competition Landscape

Unilever N.V., Blueland, Bombril, Reckitt Benckiser Group plc, Church & Dwight Co. Inc., SC Johnson & Son Inc., Clorox Company, Godrej Consumer Products Limited, Procter & Gamble Company, Colgate-Palmolive, Henkel, McBride, Kao Corporation

Automatic Dishwashing Products Market: Segmental Highlights

The Automatic Dishwashing Products market can be better understood by readers thanks to the segmentation chapter’s discussion of product/service kinds, available technologies, and application areas.

The research report also offers insightful details on recent trends that will probably determine how these market segments develop over the coming few years. An overview of the impact on demand throughout the predicted period is provided by the assessment of the market factors. You can find new, changing Trends, Drivers, Restraints, and Opportunities in the Study that were produced by focusing on market-related stakeholders.

The requirement of the hour is to understand how the product or services match the wants of the customer and what modifications would be necessary to make the product more appealing.

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We make sure the Study is Segmented with Appropriate Marketing & Sales Channels to Identify Potential Market Size by Revenue and Volume in order to Make Marketers Make Effective Strategies and Determine Why the Target Market Is Not Giving Attention.

Consumer preferences and innovation are always correlated with each other by demand-side analysis. We can apply best practises to utilise an underserved population by continuously understanding marketing effectiveness to determine the potential of advertising and marketing communications.

Analysis of the Top Market Players:

A key topic in any analysis of market research is competition. This research is being offered with the aid of a competitive analysis so that market participants can simply examine the key tactics used by the top companies in the Automatic Dishwashing Products market.

Market leaders and up-and-coming competitors are carefully examined, taking into account their market shares, production, revenue, sales growth, gross margins, product portfolios, and other crucial variables. This will aid players in learning the strategies of their most formidable market rivals

Research Methodology:

Both top-down and bottom-up approaches are used to estimate and validate the size of the Automatic Dishwashing Products Market and numerous other dependent submarkets in the overall market.

Secondary research has been used to identify the major market participants, and primary and secondary research has been used to calculate their market shares. All percentage share splits and breakdowns were determined using secondary sources and verified original sources.

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Global Automatic Dishwashing Products Market by Category

By Product Type:

Detergent Gel.
Detergent Powder
Detergent Tablets

By Application:

Commercial
Residentia

By Sales Channel:

Hypermarkets/ Supermarkets
Convenience Stores
Modern trade
Wholesalers/Distributors
Online Retailers
Other Sales Channel

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Shisha Tobacco Market Sales in East Asia are Expected to Register a CAGR of Approximately 9% in 2032

The shisha tobacco market is expected to reach US$ 26 Bn by 2032, likely to surge at a vigorous 4% CAGR during the assessment period. Shisha tobacco use is typically done with friends and is an important part of several cultures’ social gatherings and events. These days, college and university life have been incorporated into this culture. Additionally, water pipe use is frequently shared among friends and family.

This is due to two reasons: first, it lowers the cost of shisha tobacco use; second, and more emotionally, it fosters a sense of brotherhood, especially among the male demographic, and makes them feel more accepted in society. Due to this tradition, there are now more cafes, restaurants, and lounges that offer a variety of services, including hookah tobacco services.

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The spread has made water pipe smoking more widely accessible locally and encouraged young people in various nations to seek out unique neurostimulating activities. This characteristic of shisha tobacco fits in well with the rapid expansion of cafes, restaurants, and lounges around the world.

The booming hotel, restaurant, and cafe (HoReCa) industry, particularly in developing nations, has coincided with the rebirth of the water pipe smoking tradition in nations like India, where young shisha tobacco use has moved beyond rural areas and into urban ones. Hookah cafes have proliferated in urban regions of affluent nations like the U.S., particularly near college campuses. Because of this simple accessibility, the industry expansion in

Consumer delusion that shisha tobacco is less harmful than other forms of tobacco consumption currently guides the market growth. However, as consumers get familiar with the complete truth about the harmful effects of shisha tobacco, the market growth is likely to be affected.

The above-mentioned factors are helping the shisha tobacco market to grow rapidly and with the rising awareness regarding health concerns, manufacturers are innovating and supplying herbal shisha tobacco that is likely to be less harmful compared to the original shisha tobacco.

Key Takeaways from the Shisha tobacco Market Study

Strong shisha tobacco to capture approximately a prominent share in 2021. However, through 2032, demand for the light variant of shisha tobacco is expected to gain traction due to the rising awareness regarding various health concerns.
Direct distribution of shisha tobacco is likely to generate a significant revenue during the forecast period. However, with the changing purchasing preferences of individuals, online retailers are likely to hold the maximum market share by 2032.

Impact of COVID-19 on the Market

The COVID-19 pandemic had prompted a growing list of event cancellations and closures, as health officials urge the public to avoid large crowds. Moreover, the shutdown of industries, manufacturing plants, and rise in unemployment leads to the growth of shortage of material thus, rise in dependency of developing countries on developed countries.

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Additionally, the ban on trading and changing preferences of individuals, and rising health concerns lead individuals to adopt healthy habits. Moreover, the closed café, bars, and restaurants gave no option to individuals especially millennials, thus, dropping the sales and demand in the shisha tobacco market.

Who is Winning?

Leading manufacturers of shisha tobacco are focused on introducing flavors, based upon, regional interest and further advertising them globally to drive sales of shisha tobacco globally.

Major players present in the shisha tobacco market are Fumari Hookah, Haze Tobacco, LLC, Tangiers Inc., Al Fakher Tobacco Trading, Japan Tobacco Inc., Alchemist Tobacco Co., Soex India Pvt. Ltd, Middle East for Tobacco, Al-Tawareg Tobacco Molasses Company, Arabic Factory of Smoking, Al Zawrae Industrial Company, Romman Tobakko, Ugly Tobacco Hookah Inc., Adalya Hookah, Cloud Tobacco Inc., Flavors of Americas, Capital Tobacco, Eastern Tombac & Tobacco Establishment, and Al-Amir Tobacco among others.

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Global Shisha Tobacco Market by Category

By Product Type:

Strong Shisha Tobacco
Mild Shisha Tobacco
Light Shisha Tobacco

By Flavor:

Fruit
Berry
Apple
Melon
Citrus
Tropical
Others
Chocolate
Caramel
Mint
Blended
Others

By Sales Channel:

Direct Sales
Hypermarket/Supermarkets
Specialty Stores
Convenience Stores
Independent Small Stores
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

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Professional Gear Bags Market in China is Expected to Rise at an Impressive Growth Rate in the East Asia Region

The professional gear bags market size is estimated at US$ 18,110.8 Mn in 2022 and is projected to reach US$ 23,983.2 Mn by 2028. As per newly released data by Future Market Insights (FMI)

Customers’ feedback is being analysed, and smart bags with capabilities such as GPS monitoring, mobile app connection, and other functions are being introduced to make the user’s experience more reliable, controllable, and easy. The youngest generations are regarded to be the most technologically advanced. These individuals have witnessed numerous scientific breakthroughs and developments.

New items have grabbed this generation. The folks that are most interested in having smart gear bags with them are the millennials. Smart gear bags contain charging ports, USB ports, and cable ports, making them ideal travel accessories for business trips, office trips, travel, vacations, industrial visits, and so on.

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Key Takeaways from the Professional Gear Bags Market Study

Players in the market are focusing on adopting various marketing strategies such as celebrity endorsement, marketing campaigns, expanding digital presence to connect directly to customers. These factors are likely to accelerate the growth of the global professional gear bags market in the near future.
In terms of product type, the business traveller carry-on bags segment is estimated to account for the relatively highest value share in the professional gear bags market. The segment is expected to remain dominant during the forecast period.
Europe showcases lucrative opportunities for the Notch – Pro gear bags industry. Many famous costmaries practices like tea parties and dance gala are originated from Europe and people travel all around the world to be part of these classy events.

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Impact of COVID-19 on the Market

As a result of the pandemic outbreak, manufacturers faced numerous challenges. Players faced several operational issues as a result of the advent of a novel coronavirus. The impact of covid-19 was felt not only on the supply side, but also on the demand side. Retailers intended to digitalize their procedures and take a more customer-centric approach in order to improve their financial situation. One of the key demand side factors that influenced sales growth was the decline in involvement in outdoor recreation activities.

Who is winning?

Garmin Ltd., Jeppesen Sanderson, Inc., Aviation Supplies & Academics, Inc., Samsonite IP Holdings S.ar.l, VF Corporation, LVMH group, VIP Industries Ltd., ACE Co., Ltd., The Vitec Group PLC, The Tiffen Company, LLC, Go Professional Cases Inc., 5.11 Tactical, Blackhawk!, Fechheimer Brothers Company, Beretta Corp., Oakley Inc., Drago Gear,

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Key Global Professional Gear Bags Market by Category Covered

By Product Type:

Recreational Shooter Gear Bags
Business Traveller Carry-on Bags
Police Patrol Gear Bags
Aviation Pilot Bags
Emergency Gear Bags
Emergency Responder Bags
Camera Bags
Drone & Quads Bags
Others

By Price Range:

Premium (Above US$ 150)
Medium (US$ 50-US$ 150)
Low (Below US$ 50)

By Casing Type:

Hard Side
Soft Side

By Material Type:

Nylon
Plastic
Polyester
Leather
Others

By Sales Channel:

Distributors/Wholesalers
Hypermarket/Supermarket
Specialty Store
Convenience Store
Online Retailer
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

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Automatic Coffee Machines Market is Expected to Rise at 6.5% CAGR to reach US$ 99,665 Mn by the end of 2031

The automatic coffee machine market will see a CAGR of 5.1% throughout the years 2021-31. It is projected that demand for automated coffee makers will continue to soar, especially given the expanding popularity of fast food businesses.

Automatic coffee machines Market – Important Highlights

According to product type, super automatic coffee machine is estimated to hold the maximum market share during the forecast period, due to its high consistency in quality.
Semi-automated coffee machine market is expected to gain momentum, owing to its flexibility like manual timers and due to its lesser price.
Hotels and cafes are anticipated to account for the lion’s share in the global market, due to a sudden increase in out-of-home consumption among people in the recent years.
North America is estimated to hold the lead market share in the projected years, with US being in the forefront, owing to the love for coffee among the residents and their growing preference towards automated kitchen appliances.
India is estimated to hold a prominent market share due to its Rapid increase in urbanization and foundation of several IT parks in emerging which is likely to boost consumption of coffee beverages.

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Automatic coffee machines Market – Drivers

Rise in number of cafes and coffee shops across different regions of the world.
Increasing preference towards saving time and maintaining the consistency of the coffee is generating the need of automatic coffee machines.
The opportunities are estimated to get more profitable with an increasing number of companies investing in research and development to launch automated coffee machines with advanced functionalities.
With rising environmental concerns, focus will be more on making ecofriendly coffee machines and different market player’s center of attention will be in developing machines with less power and electricity consumption, which will drive the market.

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Automatic coffee machines Market – Restraints

High cost of automated coffee machine is estimated remain as a major constraint for the market.
As these machines are highly sophisticated, it has a high maintenance cost and is difficult to handle.

COVID-19 Impact on Automatic coffee machines Market

The automatic coffee machines market growth is anticipated to be hampered owing to the unprecedented COVID-19 pandemic. The expansion of commercial infrastructure and establishment of different it parks and cafes will guarantee growth despite temporary lull experienced during COVID-19 outbreak. Therefore, the super automatic espresso machine market is likely to set on path of regaining as economies have started to stabilize bit by bit.

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Competitive Landscape

Besides adopting different strategies for expansion, the key market players are therefore focusing on product launches with advanced features

For instance:

Swiss brand – Ergo has lately started selling a fully automatic coffee machine, called Next Touch Coffee. Besides featuring a self-adjusted grinder, it can be configured with IoT innovations and different options, and has a wide range of payment systems. The report contains insights of some prominent players in the global automatic coffee machine market, like Koninklijke Philips N., Keurig Green Mountain, Inc., De’Longhi Appliances s.r.l, Nestlé Nespresso S.A and many more.

Market Taxonomy

Product Type

Fully Automatic
Super Automatic
Semi-Automatic

End Use

Hotel
Restaurant
Cafe
Institutional
Residential

Regional Outlook

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

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