Cosmeceutical Ingredients Market is Anticipated to Touch a Value of Nearly US$ 12 Bn in the year 2027

The growth of cosmeceutical ingredients market will surpass ~US$ 12 Bn in terms of value in 2027 with a CAGR of ~9% during the forecast.

The cosmeceutical ingredients market is dominated by synthetic cosmeceutical ingredients however the natural cosmeceutical ingredients market is expected to expand at higher CAGR (10.8%) as compared to synthetic during the forecast Cosmeceutical products reduces the gap between cosmetics that simply cleanse & enhance the appearance and pharmaceuticals that cure and heal. Growing product awareness among consumers have propelled the demand for skin & hair beneficial products in the market which in result drives the necessity of cosmeceutical ingredients.

The cosmeceutical ingredients market is dominated by synthetic cosmeceutical ingredients however the natural cosmeceutical ingredients market is expected to expand at higher CAGR (10.8%) as compared to synthetic during the forecast. Rising concern of side effects of synthetic ingredient products have shifted the consumer’s attention towards natural ingredient products which will accelerate the natural cosmeceutical ingredients market. The global cosmeceutical ingredients market will surpass ~US$ 12 Bn in terms of value in 2027 with a CAGR of ~9% during the forecast.

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Key Takeaways from the Cosmeceutical Ingredients Market Study

  • According to the report, the global cosmeceutical ingredients market represents a fairly consolidated competition landscape, where a majority of key players maintain their strategic focus on the development of cosmeceutical ingredients. L’Oréal, a European cosmetic manufacturer, uses hyaluronic acid which is an active ingredient used in products such as anti-ageing creams.
  • FMI identifies North America as the largest market for cosmeceutical ingredients in 2019, followed by Europe, attributable to higher demand from cosmetic products such as skincare and haircare. The awareness level is also high of North American consumers as compared to other region. Growing demand for cosmetic products, rising product awareness and increasing popularity of J-Beauty and K-Beauty are the factors will drive the East Asia market forward and is expected to expand at highest CAGR during the forecast.
  • Growing product awareness, changing lifestyle and rapid urbanization fuel the demand for cosmeceutical products which has resulted to an increasing demand for cosmeceutical ingredients among cosmetic manufacturers.
  • Skincare segment in cosmeceutical products are the most demanded product among consumers which further increases the demand for cosmeceutical ingredients among cosmetic manufacturers.

The cosmeceutical ingredients market has increased on account of increasing consumers concerns regarding the negative effects of using synthetic ingredient cosmeceutical products. In addition to this, growing trend of natural products have a positive impact on cosmeceutical products market which further drives the demand for cosmeceutical ingredients among manufacturers.

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Who is winning?

Some of the key players operating in the cosmeceutical ingredients market are Eastman Chemical Company, BASF SE, SEPPIC, Solvay S.A., The Dow Chemical Company, Lonza Group AG, The Lubrizol Corporation, Ashland Incorporated, Croda International plc, Robertet, Allergan Incorporated, COBIOSA, Select Botanical, NEXIRA and others.

Several leading cosmeceutical ingredients manufacturers are focusing on R&D to come up for new formulations which can change the market landscape of cosmeceutical products. Growing demand for natural ingredient based cosmeceutical products are booming in the market. Advancement in technology acts as a primary driver for manufacturers. Extraction of ingredients are performed through traditional and avant-grade technological extraction however majority of manufacturers use modern avant-grade technological process as preferred method of cosmeceutical extraction.

Cosmeceutical Ingredients Market Taxonomy

The global cosmeceutical ingredients market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Ingredient Type

  • Sunscreens Ingredients
  • Antioxidants
  • Hydroxy acids
  • Retinoids (vitamin A)
  • Skin lightening agents
  • Botanicals
  • Peptides and proteins
  • Others

By Source

  • Natural
  • Synthetic

By Form

  • Powder
  • Liquid

By Application

  • Skin care
  • Haircare
  • Oral Care
  • Others (Makeup & Fragrances)

By Region

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

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U.K. Pet Grooming Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032

The U.K. pet grooming market is estimated to expand at a CAGR of over 5.7% throughout the forecast period of 2022-2032, and it is estimated to be valued at US$ 913.8 Mn by the end of 2032.

The U.K. pet grooming market is expected to benefit from growing presence of mobile pet grooming salons. These mobile pet groomers provide premium services and also use organic products. Hence, pet owners are willing to invest extensively to ensure that their pets have properly cared for.

Mobile pet grooming salons are the perfect solution for pet owners with busy schedules as they provide particular care to animals and are also handy. For instance, Aussi Pet Mobile is one of the firms that provide mobile pet grooming salons for cats and dogs.

Furthermore, these services save time and are beneficial to both pet owners and pets because they are quick and people do not have to spend time waiting in queues. Additionally, mobile pet grooming services are less expensive than permanent grooming facilities, hence, their popularity among pet owners is expected to rise in the near future.

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Moreover, mobile groomers offer services at the doorstep, and pet owners are willing to pay for higher service. The portable vans used to provide such grooming services also serve as a marketing medium.

Key Takeaways from the U.K. Pet Grooming Market Study

  • Online sales segment is expected to be the leading segment in terms of sales channel in the U.K. pet grooming market.
  • In terms of product type, shear and trimming tools are likely to generate high demand in the market.
  • Based on pet type, the dog segment will register fastest growth over the upcoming decade.
  • By price range, the US$ 25-US$ 35 segment might witness positive growth in the U.K. pet grooming market

“Key players in the U.K. pet grooming market are focusing on expanding their footprint and increasing sales by releasing natural and luxury products for pets. This would aid in the development of long-term consumer connections in order to retain existing customers and promote brand loyalty.” Says an FMI analyst.

Who is winning?

Leading manufacturers in the U.K. pet grooming market are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of pet grooming market in the U.K.

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Major players present in the U.K. pet grooming market are Beaphar, Spectrum Brands Inc., Company of Animals, Vital Pets, Milly’s, Ferplast S.p.A., Ancol Pet Products Limited, Rolf C. Hagen Inc., The Hartz Mountain Corporation, Groomer’s Choice, Nap Pets (Himalaya Herbal Healthcare), Earthbath, Tecla Company, Synergy Labs, Petco Animal Supplies Inc., and Coastal Pet Products Inc. among others.

U.K. Pet Grooming Market by Category

By Product Type:

  • Conditioner & Shampoo
  • Combs & Brushes
  • Shear & Trimming Tools
  • Others

By Price Range:

  • US$ 5-15
  • US$ 15-25
  • US$ 25-35
  • US$ 35 and Above

By Pet Type:

  • Dogs
  • Cats
  • Birds
  • Fish & Reptiles
  • Small Pets
  • Horses

By Sales Channel:

  • Modern Trade
  • Convenience Stores
  • Care Service Centers
  • Online Retail
  • Support Care Centers
  • Pet Specialty Stores

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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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Bed Linen Market is Anticipated to Touch a Value of Nearly US$ 35,445.4 Mn in the year 2032

The global bed linen market is likely to garner a revenue of about US$ 35,445.4 million by 2032, up from US$ 20,365.1 million in 2022, with a CAGR of 5.7% during the forecast period.

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

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

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

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

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

Bed Sheets Market – Key Trends

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

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

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

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

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

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

Bed Sheets Market – Growth Restraints

Cotton sheets are widely preferred fabric bed sheets as they are regular temperature regulators, however, they are prone to wrinkles which might not aesthetically complement home décor. Cheaper cotton sheets deteriorate faster with time, causing thinning and tearing this can hamper the bedsheets sales.

Furthermore, with any new style or trend, bamboo sheets have become increasingly popular, yet it tends to be costlier than other sheet types. Unlike natural materials, microfiber material, made from petroleum waste products and is widely preferred among consumers.

It doesn’t impact sleep, but few individuals prefer to sleep with more organic and sustainable bed sheets.

COVID-19 Impact on Bed Sheets Market

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

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

Bed Sheets Market – Region-wise Analysis

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

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

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

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

Bed Sheets Market – Competitive Analysis

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

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

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

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

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

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

Bed Sheets Market – Segment Analysis

By Materials

  • Cotton
  • Polycotton
  • Polyester
  • Microfibre
  • Linen
  • Sateen
  • Satin
  • Flannel
  • Denim

By Size

  • Single
  • Double
  • Queen
  • King

By Pattern

  • Floral
  • Abstract
  • Geometric
  • Striped

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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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Switchgear Market : Notable Developments & Geographical Outlook 2022 to 2032

High-intensity fault currents can damage the electrical equipment and devices of the circuit and to minimize these failures and mitigate the aftereffects, switchgear or fuses are employed. Fuses need to be replaced after every disconnection in the circuit as they don’t provide re-closure functions, in such cases where setting up the circuit in its normal functioning, switchgears are employed which provide the re-closure functioning at various operating levels (High/low voltages).

As the automation of process is booming across all the industries, the global switchgear market is witnessing the tremendous growth opportunities.On the basis of product types, switchgear market can be broadly categorized as conventional switchgear and modular/integrated switchgear. The conventional switchgear system comprises various components such as transformers, circuit breakers and dis connectors, which needs more space for installation and comparatively more costly than that of modular switch gear. To overcome these issues modular type of switchgear are used by integrating these functions into one breaking chamber of circuit breaker. With the trend of shifting from conventional switchgear to modular/integrated the global switchgear market is projected to grow with double digit CAGR.

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The global switchgear market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa.Asia-Pacific holds the major share in global switchgear market, followed by North America South America, and Europe respectively. Asia-Pacific switchgear market is expected to maintain its dominance in global switchgear market during the forecast period. Emerging countries like India and China in Asia-Pacific region are extensively up grading and installing new transmission lines and distribution networks to uphold the infrastructural developments, which is expected to be major driving factor of global switchgear market. On country level, China dominates in the global switchgear market with more than 18-20% of share. Against the dynamic economic conditions, the Eastern and Western Europe switchgear market are also expected to contribute significant amount of share in global switchgear market during the forecast period due to the increasing infrastructure development for renewable energy sources. North America switchgear market is also expected to contribute significant amount of shares during forecast period due to various factors like growing market for grid modernization, replacement of old installations along with capacity enhancement.

On the basis of operating voltage rating, the global switchgear market is segmented into three categories which are global low voltage switchgear market, global medium voltage switchgear market and global high voltage switchgear market. Rapid growth in industrialization of small and medium scales in developing countries like China, India and developed countries like Japan is expected to be prominent countries for low and medium voltage switchgear market. In terms of market shares medium voltage switchgear market segment dominates the global switchgear market, whilst in terms of growth rate low voltage switchgear market is projected to offer double digit CAGR, higher than that of other voltage sub-segments.

The key participants in global switch gear market focus on introducing new technology and innovative products at competitive prices together with new application in order to distinguish themselves from that of the competitors. Major players reigning over the global switchgear market include Schneider Electric SA, Mitsubishi Electric Corporation, Siemens AG, ABB Ltd, Powell Industries Inc., Eaton Corporation and General Electric Company, amongst other.

Some of the recent technological developments in switchgears market such as magnetic actuation and arc-resistance technology have been undertaken by OEMs focusing upon enhancing efficiency and reliability of switchgear equipment. In future such technological up gradation will add value and spur the demand in global switchgear market.

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Key Segments

By Component Type:

  • Power Distributor Switch Breaker
  • Switch Disconnector
  • MCCB
  • HRC Fuse
  • Earth Switch
  • MCB

By Voltage Type:

  • Low Voltage (less than 1kV)
  • Medium Voltage (1kV to 75kV)
  • High Voltage (75kV to 230kV)
  • Extra High Voltage (230kV to 500kV)
  • Ultra-High Voltage (above 500kV)

By Construction Type:

  • Outdoor
  • Indoor
  • Others

By Insulation Type:

  • Air Insulated Switchgear
  • Gas Insulated Switchgear
  • Oil Insulated Switchgear
  • Vacuum Insulated Switchgear

By End User:

  • T&D Utilities
  • Commercial
  • Industrial
  • Residential

By Region:

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

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About Us

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

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Paint Ingredient Market to Achieve A High CAGR Of 3.2% During Forecast Period -2032

The global paint ingredient market is expected to grow at a stagnant CAGR of 3.2% over the projection period from 2022 to 2032. The global market is expected to reach US$ 1,630 Million in 2022 and is likely to surpass a valuation of US$ 2,230 Million in 2032. As per historic estimations, the global market is predicted to display a growth rate of 2.5% from 2016 to 2021.

Paint manufacturing is one such industry that relies on automatic control technologies. When it comes to the paint industry, the composition of the paint holds the utmost importance. A wide range of methods is being employed in order to overcome this particular problem. Earlier, painting composition was done manually but sometimes didn’t meet the required color. In order to solve the manual paint composition problem, automatic paint preparation techniques are employed.

The growth in the market is attributed to their odorless characteristics and their potential to have less impact on the environment, eco-friendly paints have become increasingly popular. Consumers are increasingly shifting towards environmentally friendly products as they are gaining traction which is considered to be an instrumental factor in the growth of this market.

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Paint mixers are expected to account for a reasonable market share in the near future since FMCG companies in India China, and Singapore continue to expand their operations in these countries. The market is also anticipated to be benefitted from surging industrialization, increasing government infrastructure spending, and increased foreign direct investment.

Owing a wide array of smart dispensing solutions is making it hard to select the perfect paint mixing machine. While making a decision to invest in automatic ingredients, it is imperative to consider a few crucial parameters, incorporating the growth plan, customer requirements, enterprise outcomes, and the total cost of ownership. Paint ingredients are utilized for the efficient mixing of different colors of paint in an accurate proportion, based on various formulas.

A professional painter, a DIYer, or any other end user uses the product after mixing it for painting. With people around the world changing the aesthetics of their homes, offices, and other establishments at a rapid pace, the world of interior design and décor is growing at an incredible rate. With the emergence of modern paint ingredients, users can easily customize the exact color of their space with paint. Paint is considered a brilliant way to transform a space’s visual appeal.

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Key Takeaways

  • Paint mixers are considered to be one of the most profitable businesses at present. Several aspects of the economy require a massive amount of paint. In addition to that, the surging technological advancements have led to the innovation of products such as automatic paint mixers, and other products are expected to boost future growth.
  • Over recent years, the popularity of eco-friendly paints has gained immense traction because of their odorless qualities and lower negative environmental impact. The market is rapidly growing as consumers become more conscious about their surroundings. With increasing technological advancements, automatic paint mixers have been developed to reduce labor and worker intervention in paint mixing. In the newly developed and advanced automatic mixer, powders and pigments are blended with polyurethane, epoxy, polyester, and acrylic resins without the presence of any air.
  • Owing to the surge in DIY projects along with rising experimentation with paints have often been driven by rising social media trends. This has resulted in supporting the growth of the market for paint ingredients. Several users are experimenting with unique color combinations, textures, and even scents that can be incorporated into their paint with effective paint Ingredients.
  • Moreover, the market is expected to benefit from the rising consumption of automotive, construction, and general industrial products. Countries with rising urbanization and industrialization such as India, China, and Southeast Asia, are expected to see a rapid rise in the demand for products in various applications.

Competitive Landscape

Key market players are focusing on rising technological advancements and adopting various strategies like acquisitions and mergers, research and developments to gain an edge over the market.

More Insights into the Paint Ingredient Market

According to the FMI estimations, North America is anticipated to dominate the global paint ingredient market as the region is expected to account for a total of 22% of the global market share in 2022. Due to the presence of several prominent market players in the region, the market is expected to prosper in the region.

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Key Segments Profiled in the Global Paint Ingredient Market

Paint Ingredient Market by Product Type:

  • Automatic Paint Ingredient Mixer
  • Manual Paint Ingredient Mixer
  • Semi-Automatic Paint Ingredient Mixer

Paint Ingredient Market by Application:

  • Paint Ingredient for House Decoration
  • Paint Ingredient for Paint Manufacturer
  • Paint Ingredient for Paint Users
  • Paint Ingredient for Other Applications

Paint Ingredient Market by Material:

  • Wood-based Paint Ingredients
  • Metal-based Paint Ingredients
  • Steel-based Paint Ingredients
  • Plastic-based Paint Ingredients
  • Other Materials-based -based Paint Ingredients

Paint Ingredient Market by Sales Channel:

  • Paint Ingredient Sales via Hypermarkets/Supermarkets
  • Paint Ingredient Sales via Departmental Stores
  • Paint Ingredient Sales via Convenience Stores
  • Paint Ingredient Sales via Specialty Stores
  • Direct Paint Ingredient Sales
  • Paint Ingredient Sales via Online Retailing
  • Paint Ingredient Sales via Other Sales Channels

Paint Ingredient Market by Region:

  • North America Paint Ingredient Market
  • Latin America Paint Ingredient Market
  • Europe Paint Ingredient Market
  • Asia Pacific Paint Ingredient Market
  • Middle East & Africa Paint Ingredient Market

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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.

Contact Us:

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Domestic Booster Pumps Market 2022 Expectations & Growth Trends Highlighted Until 2030

In a new market study, Future Market Insights (FMI) opines global Domestic Booster Pumps Market to surpass US$ 4.63 Bn by 2030, growing at a 7.1% CAGR through 2030.

The document attributes the boom of the marketplace to rising recognition among consumers concerning the provision of strength-green technologies. Furthermore, the growth of the e-commerce enterprise is widening the sales channel for domestic booster pumps.

Having studied the effect of the COVID-19 pandemic, the report opines that the call for residential pumps is predicted to enjoy a downtrend for the duration of the pandemic, as the focus of both producers and purchasers shifts in the direction of vital and emergency utilities. Speedy urbanization in rising economies and the consequential increase in the variety of residences are also propelling demand for booster pumps designed for domestic and residential purposes.

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Key Takeaways

  • The 50-150 W segment will capture nearly 1/3rd of global value as pumps with a power rating in this range are ideal for medium-sized buildings.
  • By water pressure, 1 bar segment is expected to account for over 2/5th of market value by the end of the forecast period.
  • Domestic booster pumps find the majority of applications in gardening sprinklers and pipes, capturing around 2/5th of total market value.
  • The offline sales segment will continue to channel the majority of revenue, while the online sales segment is poised to grow at an impressive rate.
  • East Asia, led by China, is poised to hold the lion’s share in global market value, backed by the presence of a flourishing residential construction sector.
  • North America and Europe will cumulatively account for a prominent market share, owing to the presence of major market players.

Similarly, the pandemic has adversely affected the residential construction activities, causing a complete shutdown across several nations, and this is likely to impede the demand for systems designed for the residential sector, including home and domestic booster pumps market.

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Key Segments of Domestic Booster Pumps Industry Survey

Domestic Booster Pumps Market by Rated Power:

  • 10 – 50 W Domestic Booster Pumps
  • 50 – 150 W Domestic Booster Pumps
  • 150 – 300 W Domestic Booster Pumps
  • Above 300 W Domestic Booster Pumps

Domestic Booster Pumps Market by Water Pressure:

  • 0.5 Bar Domestic Booster Pumps
  • 1 Bar Domestic Booster Pumps
  • Above 1 Bar Domestic Booster Pumps

Domestic Booster Pumps Market by Application:

  • Domestic Booster Pumps for Kitchens
  • Domestic Booster Pumps for Bathrooms
  • Domestic Booster Pumps for Water Heater Units
  • Domestic Booster Pumps for Gardening Sprinklers & Pipes

Domestic Booster Pumps Market by Sales Channel:

  • Online Sales of Domestic Booster Pumps
  • Offline Sales of Domestic Booster Pumps

Domestic Booster Pumps Market by Region:

  • North America Domestic Booster Pumps Market
  • Latin America Domestic Booster Pumps Market
  • Europe Domestic Booster Pumps Market
  • East Asia Domestic Booster Pumps Market
  • South Asia & Pacific Domestic Booster Pumps Market
  • Middle East & Africa (MEA) Domestic Booster Pumps Market

Who is Winning?
Domestic booster pump manufacturers are directing their efforts toward the research and development activities to produce booster pumps with innovative features. Along these lines, plug-and-play booster pumps have emerged as a lucrative design and an increasing number of players are jumping on the bandwagon to develop energy-efficient designs.

FMI’s report includes profiles of some of the most prominent names in the market including Grundfos, Xylem Inc., KSB SE & Co. KGaA, Flowserve Corporation, Sulzer Ltd., WILO SE, Gorman Rupp Pump Company, Torishima Pump Mfg. Co., Ltd., LEO Group, CAT Pumps, Zoeller Company, Luckpump Machinery Co., Ltd, CAT Pumps, Zoeller Company, Luckpump Machinery Co., Ltd, Mazzoni SRL, and Vossche Pump Group, among others.

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Power Generator for Military Market Navigation, Imaging and Positioning Solutions Market

The global power generator for military market was valued at US$ 1,011.5 Mn in 2019. The market is forecast to rise at a CAGR of 3.4% between 2020 and 2030. Uninterrupted and reliable sources of power supply are vital for successful military operations. Power generators have application across diverse segments within the military industry. Against this backdrop, Future Market Insights (FMI) foresees lucrative prospects for power generator producers within the military market.

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Power generators are used for various tactical operations within military agencies. On account of changing landscape, the inclination towards compact and lightweight designs is higher. These generators are touted as advanced equipment that offers robust output at low cost. Driven by the demand for improved fuel efficiency, sales of compact generators are expected to pick up in the coming years.

According to FMI, the demand for advanced and fuel-efficient generators will speed up in the coming years. Increasing budget allocation towards strengthening the defence sector will subsequently aid the expansion of the market.

FMI’s report on the power generator for military market highlights the specific needs of the defence and military sector. It identifies hidden growth opportunities for the market players, besides cautioning them against potential threats.

Some of the key takeaways from the report are:

  • Market players are likely to witness attractive growth opportunities as military agencies focus on establishing integrated power systems. This will invariably fuel the demand for generators.
  • Hybrid generators are likely to comprise an exceptionally lucrative product category. Ensuring environment safety is high on the agenda of military agencies. They are keen on investing in fuel-efficient technologies that will also offer significant cost reduction.
  • Backed by increasing military spending, North America is forecast to emerge as a dominant market for power generators
  • While diesel will remain preferred fuel type, tightening environmental laws will boost growth prospects for natural gases as potential sources of fuel
  • Demand power generators will remain significantly high in field hospitals and field camps and accommodations

The COVID-19 Impact

The COVID-19 outbreak has sent shockwaves across the globe. Experts even presume it to be the worst crisis the world has witnessed in recent past. The crisis was unprecedented, resultantly it crippled the manufacturing sector of some of the major economic powerhouses.

By the time the global economy recovers from the jolt, manufacturing is expected to be among the worst-hit sectors. The incredible slump in investment, subsequently revenue generated within the industry paints a gory picture.

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The power sector too is no stranger to the crisis. It is reeling under payment delays and deficits. Government owned distribution companies are particularly hampered. Nationwide lockdowns have posed unique and devastating challenges. Liquidity crunch is threatening several companies within the industry.

Growing Demand for Distributed Power

Experts project that a grand transformation is underway. The wave of decentralizing energy, which has swept across the world, is revolutionizing the way power is generated and consumed.

Resultantly, some key government organizations, including military agencies, are swaying away from centralized energy systems to integrated power solutions such as microgrids.

The military sector is keen on suitable provision for secure energy to cater to their growing needs in a way that will also help them mitigate adverse effects on environment. A failure in meeting this requirement will pose immense threat to functioning of various defense operations.

Installing power generators is therefore a favored method for improving environmental, economy, and energy-security performance within the sector.

Diverse Military Applications Favoring Growth

The demand for distributed energy is surging in the military sector. Its application in tactical military communication, fields, camps, and bases, field hospitals, and command systems is surging at a steady pace – a trend which is unlikely to slow down in the coming years. Power generators are therefore considered extremely crucial for hindrance-free operation within the sector.

Also with rising troops deployment overseas, coupled with the need for various modern warfare equipment, will make power generators indispensable for the industry.

Governments across prominent countries have taken a note of this. Resultantly, their military expenditure has increased considerably. Strengthening their defense systems is their foremost priority and to achieve this they are likely to invest in robust power military power generation equipment in the coming years.

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Who is winning?

Leading companies operating in the power generator market have an impressive global presence backed a strong distribution and sales network. Because the market is fairly consolidated, Tier 1 companies are expected to account for the lion’s share.

Market players will primarily focus on expanding their global footprint and product portfolio. Considering this, besides mergers and acquisitions, product launches will remain highly preferred strategic moves among competitors.

FMI profiles some of the leading companies operating in the global market. These include Cummins Inc., Caterpillar Inc., Rolls-Royce Holdings plc, HIMOINSA, Harrington Generators International, Teknel srl, GRUPEL S.A., VÝVOJ Martin, HITZINGER GmbH, Fischer Panda GmbH, Ascot Industrial S.r.l., GREEN POWER SYSTEMS S.r.l., Kohler Co., Kirloskar Oil Engines Ltd., and Ausonia S.r.l.

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

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Saudi Arabia Pharmaceutical Market size poised to register 9.6% CAGR through 2022-2032, Says Future Market Insights

By the end of 2022, the Saudi Arabian pharmaceutical market size is anticipated to be worth US$ 5,209.5 million and is anticipated to expand at a CAGR of 9.6%.

The significant rise in lifestyle-related diseases and the developments in healthcare infrastructure are expected to influence the demand for pharmaceuticals in Saudi Arabia. The mounting demand for branded drug products will continue to incite the growth of the Saudi Arabian pharmaceutical market in 2032.

The demand for pharmaceuticals in Saudi Arabia is expected to register substantial growth owing to the increasing penetration of health insurance companies and the rising incidence rate of non-communicable diseases. Furthermore, the exceptional rise in the per capita income of Saudi Arabia is also expected to foster the demand for branded pharmaceutical drugs.

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Another key factor driving the growth of the pharmaceutical market in Saudi Arabia is the country’s strategic move to allow 100% FDI in the pharmaceuticals sector. Although, the shortage of profound indigenous research capacity in the pharmaceutical industry and the delayed registration of drug and medicine patents is expected to limit the expansion of the market in 2016 and beyond.

Based on the product type, the pharmaceutical market in Saudi Arabia is expected to witness an upsurge in the prescription-type branded drug products. In terms of market value, the branded drugs are estimated to reach US$ 2,760.8 Mn by 2016-end. The demand for generic drugs is projected to secure steady growth, attributing to the insisting promotion of generic drug adoption by healthcare insurance providers.

On the basis of the diseases, the pharmaceutical drugs used for treatment of cardiovascular diseases will continue exhibiting robust growth in 2016. The demand for cardiovascular medications will continue to surge due to the prominence of circulatory disorders in Saudi Arabia. Additionally, the rising prevalence of disorders related to body sugar levels is expected to make diabetes a rapidly growing disease-based sub-segment in the Saudi Arabia pharmaceutical market.

The pharmaceutical market in Saudi Arabia is also segmented on the basis of distribution channel, where retail pharmacies will continue to account for 80% market share compared to hospital pharmacies. The westernised modernisation of retail pharmacies in Saudi Arabia has led to the availability of a wide range drugs and medicinal products, thereby attaining a considerable growth in the retail pharmacy sub-segment in 2016 and further.

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The rising resource potential in Saudi Arabia is projected to positively reform the production environment for pharmaceutical manufacturers. In order to expand the market’s size, structuring alliances with well-established native companies is predicted to be a key strategy for global pharmaceutical leaders. The key players in the Saudi Arabia pharmaceutical market include Novartis AG, SPIMACO, Pfizer Inc., and Glaxosmithkline plc., Jamjoom Pharma,  and Tabuk Pharmaceutical Manufacturing Co. among others.

Long-term Outlook: The Saudi Arabia pharmaceutical market is expected to expand at a CAGR of 9.0% over the forecast period 2016-2026. In terms of market value, the pharmaceutical market in Saudi Arabia is estimated to be worth US$ 12,281.4 Mn by the end of forecast period.

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Key Segments Covered

Product Type:

  • Prescription Products
    • Branded Drugs
    • Generic Drugs
  • Over The Counter (OTC) Products

Disease Type:

  • Cardiovascular Diseases
  • Diabetes
  • Cancer
  • Obesity
  • Infectious Diseases
  • Other Diseases

Distribution Channel:

  •  Hospital Pharmacies
  • Retail Pharmacies

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About Future Market Insights (FMI) 

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

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Water Treatment System Market Is Anticipated To Nearly Double By 2030, According To Future Market Insights

The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary growth drivers of the global water treatment market.

According to the report, several key drivers are expected to fuel the growth of the global water treatment market during the forecast period. The notable driving forces include, growing awareness of the hazardous effects of impure water consumption, steady surge in demand for fresh water, adoption of water treatment systems, and demand for quality water from the domestic and industrial sector.

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In addition, existing players pushing for product innovation, collaborations with EPC companies and local municipalities, development of patented technologies and high capacity treatment systems are likely to gain a competitive edge in the current industry landscape.

East Asia Emerges as a Promising Region for Market Growth

In the current scenario, North America and MEA are expected to dominate the global water treatment market in terms of market share. However, the report suggests that the market in East Asia will witness a commendable growth through the forecast period 2019-2029. Currently, the market value of the water treatment market in East Asia is ~ US$ 10,065.6 million and expected to reach US$ 24,376.9 million by the end of 2029 growing at a CAGR of around 9.2% throughout the forecast period. The growth is projected to be primarily driven by focus on enhancing water quality and striking a balance between the demand and supply ratio.

Furthermore, the economies of East Asian countries such as China, South Korea, and Japan have shown a steady growth in recent years. Macro-economic parameters including rapid urbanization, growing population, and positive investment patterns have boosted investments in the housing and municipality projects in the region. Other factors such as lack of quality water treatment infrastructure and growing water scarcity have led to a noteworthy increase in the spending to upgrade water treatment facilities in the region.

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Evolving Government Regulations Expected to Shape the Future of Water Treatment

According to the FMI report, in the current scenario, the high demand for chemical-free water is projected to be a key driver of the global water treatment market. Government regulations revolving around water treatment policies are expected to focus on the impact of untreated water on the environment. The evolving government regulations has encouraged market players to focus on the development of eco-friendly water with innovation and adoption of new technologies.

According to the FMI analyst, “The growing demand and focus on chemical-free water has certainly opened up new opportunities for the existing market players. Further, the demand for environment-friendly water will lead to an increase in process water treatment systems in the forecast period.”

In 2019, by application, process water treatment had a high value share of around 47.9% followed by waste water treatment (30.5%). Further, the trend is anticipated to continue throughout the forecast period 2019-2029 driven primarily due to the stringent government regulations.

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

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Submersible Pump Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2031

Future Market Insights (FMI), Dubai: As per an exhaustive analysis by FMI, the global submersible pumps market is poised to total US$ 14.45 Bn by 2031 in comparison to the US$ 8.42 Bn registered in 2020. Increasing demand for submersible pumps from construction, mining, and oil & gas industries is favoring the growth in the market. Driven by this, the market is expected to expand at a CAGR of 5.2% during the forecast period between 2021 and 2031.

Water stress has emerged as one of the leading concerns across the world due to rapid urbanization and industrialization. Thus rising emphasis on wastewater treatment and demand for new water sources, such as ground water reservoirs, to fulfill the domestic and industrial water needs is fueling the demand in the market. In response to this, the sales of submersible pumps are anticipated to register a year-over-year growth of 4.6% in 2021.

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Governments of emerging economies are increasingly adopting efforts to improve access to drinking water in rural and urban areas. According to the Department of Drinking water & Sanitation, the Indian Government has launched an initiative, “Jal Jeevan Mission” to enhance water accessibility across the country. Such initiatives are estimated to provide lucrative opportunities for the expansion of the market.

Based on product type, borewell submersible pumps outrank other pumps, accounting for nearly 55.3% of the total sales in the market in 2021. Increasing application in gardening, firefighting systems, and domestic water supply owing to its vertical as well as horizontal installation is driving the growth in the segment.

“Increasing exploration of shale reserves and implementation of stringent wastewater treatment norms to support recovery across the mining and oil & gas industries are expected to augment the growth in the market,” says a FMI analyst.

Key Takeaways from Submersible Pumps Market Study

  • The market in the U.S. is estimated to witness the fastest growth in North America, expanding at a CAGR of 3.2% during the forecast period.
  • Germany is expected to emerge as a highly remunerative market in Europe, creating an absolute dollar opportunity of US$ 175.6 Mn through 2031.
  • China is anticipated to account for the largest share in the East Asia market, exhibiting sales growth at a CAGR of 6.1% between 2021 and 2031.
  • India is forecast to hold a considerable revenue share in South Asia, accounting for 1/3rd of the sales in the region by 2031.
  • In terms of head type, the above 100m segment is projected to dominate the market, accounting for nearly 71.3% of the demand share in 2021.

Key Drivers

  • High degree of water stress and increasing focus on catering to the water requirement of the domestic and industrial sectors across Qatar, Israel, Libya, and Saudi Arabia are propelling the demand for submersible pumps across the Middle East and Africa.
  • Increasing demand for effective water pumping and distribution solutions for industrial and domestic use along with growing government investment in wastewater treatment is spurring the sales of submersible pumps across the municipal segment.

Key Restraints

  • High troubleshooting and re-installation cost along with the increasing incidence of motor failure are hampering the sales of submersible pumps.
  • Implementation of stringent regulations concerning the depletion of groundwater reservoirs is restraining the growth of borewell submersible pumps.

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Competitive Landscape

The top five players operating in the global submersible pumps market are Grundfos, Ebara Corporation, Xylem Inc., KSB SE & Co. KGaA, The Weir Group Plc. These companies are anticipated to account for more than 31% of the overall sales in 2021.

Leading players are emphasizing on launching novel products to expand their product portfolio. Some of the key players are aiming at strategic collaboration, merger, partnership, and acquisition to strengthen their footprint. For instance,

  • In May 2021, Atlas Copco, a Swedish multinational industrial company, announced acquisition of operating assets of a U.S.-based company, Medigas Service & Testing Co. Inc. The acquisition will assist the company to expand its production line across medical and laboratory gas equipment and systems.
  • In May 2021, the KSB Group, a leading producers of pumps, valves and related systems, announced launched the next generation time-tested submersible grey water pumps named the AmaDrainer 3 type series. The product launch will assist the company to expand its portfolio and consumer base.

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

  • Kubota Corporation
  • Wacker Neuson Group
  • Atlas Copco AB
  • KSB SE & Co. KGaA
  • Xylem Inc.
  • Ebara Corporation
  • Grundfos
  • Sulzer AG
  • The Weir Group PLC
  • Tsurumi Manufacturing Co., Ltd.
  • Kriloskar Brothers Ltd.
  • Flowserve Corporation
  • WILO SE
  • PSG (Dover Corporation)
  • Gorman-Rupp Company
  • Ruhrpumpen Group
  • Shimge Pump Industry Group Co., Ltd.
  • Zhejiang DOYIN Technology Co. Ltd
  • Shakti Pumps (India) Ltd.
  • Speak Pumpen Walter Speck GmbH & Co. KG
  • Pleuger Industries

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About Us

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

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