Market Research Blog – Page 9173 – New Product Development

Bar Accessories Market to Receive Overwhelming Hike US$ 4.08 Billion in Revenues by 2032: Exclusive Report by FMI

The global bar accessories market is projected to amass revenue of about US$ 4.08 billion by 2032, up from US$ 2.4 billion in 2022, advancing at a CAGR of 5.4% during the forecast period.

Bar & Wine Accessories Market Overview As the wine continues to gain popularity and consumption, the keenness for the wine lifestyle is flourishing. Market players are seeing tremendous growth prospects in all associated product categories, particularly as wine cellars are now practically a staple in several homes.

Wine refrigerators are as regular as dishwashers, and wine accessories have become as important as silverware.

The global bar and wine accessories market is witnessing new accessories trends surfacing based on different shakers, glassware, and different bar accessories. Market players are developing different styles and utilizing different materials to market the accessories, which seems to be attracting consumers.

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Bar & Wine Accessories Market – Key Trends

Incessant growth in the number of prominent winemakers and commercial winemakers transforming to the usage of novel technologies is expected to boost the bar and wine accessories market.

Also, saving the environment and sustainability has become one of the noteworthy revolutions. Not only millennials, however, the baby boomers and generation z are also been pulled up into the green bar & wine accessories market.

Stringent government laws concerning no plastic usage have brought about the nascency of reusable and recyclable products, for instance, bar straws are part of it.

Bars and bartenders are changing up their common plastic straws and substituting them with the ones prepared from metal, hay, acrylic, glass, paper, or any reusable or biodegradable material. This is done for environmental purposes and both a classier aesthetic.

With technological progressions, custom barware is anticipated to be taking over shelves. Customized bar and wine accessories will be majorly used for gifting purposes, in addition to retaining them as keepsakes.

Personalizing a shaker, a mug, or whiskey glass for a liquor enthusiast or else simply for the bar case is projected to be maneuvering towards printing companies when the requests for personalized barware comes through.

Bar & Wine Accessories Market – Growth Restraints

The availability of cheap and counterfeit substitute products of bar & wine accessories is projected to impede the market growth. The higher cost associated with the bar and wine accessories are unaffordable amid the middle class as well as low-income group customers.

Further, the maintenance cost concerning the accessories is higher, these factors are likely to hinder the growth of the bar and accessories market over the forecast period.

COVID-19 Impact on Bar & Wine Accessories Market

The COVID-19 pandemic has inflicted a nationwide lockdown mandate that has forced the wine sector to shift its focus toward online platform sales and digital marketing. As per recent market research, the alcohol e-commerce sector has multiplied in contrast to the previous year’s figure.

It further states that wine has encountered the biggest success, making up approximately 70% of the overall online retail sales.

While COVID-19 might have added more challenges, incorporating bottling and shipping delays, the company has been capable to keep their supply chain moving. The rise in wine sales has led to growth in the bar and wine accessories market.

Bar & Wine Accessories Market – Region-wise Analysis

North America and Europe will remain dominant in the global bar and accessories market due to an increase in production and consumption of wine in the region. According to Statista, the wine accessories sale in the U.S. retail is amounted to about US$ 314.4 MN in 2019. The figure is estimated to grow during the forecast period.

Growing consumer base will inflate the market scope of the bar and wine accessories market to continue the momentum of growth in the Asian and other developing regions over the assessment period.

Bar & Wine Accessories Market – Competitive Analysis

Some of the major companies operating in the global market include –

Simple Modern
V.I.P.
HYDRO FLASK
Home Brew Ohio
Thirstystone
Juvale
The Pioneer Woman.

Market players are focusing on new product launches to gain a competitive edge over others.

For instance, Home Brew Ohio has introduced Keg Dry-Hopping Filter made from Stainless Steel. The 300-micron stainless steel mesh lets hop-oils to flow into beer yet holds the hop material inside. The filter holds around two ounces of a leaf.

Thirstystone has launched its barware collection available in stainless steel, marble finishes as well as leather exchange. Hydro Flask has launched its new cooler cup made from durable 18/8 Pro-Grade Stainless Steel construction that works as a bottle or can cooler along with a 12 oz beverage cup.

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Global Bar & Wine Accessories Market: Key Players (this is an indicative list – full list of key players available upon request)

Simple Modern
HYDRO FLASK
V.I.P.
Thirstystone
Home Brew Ohio
The Pioneer Woman
Juvale
Ozeri
Caribou Coffee
Mainstays

Regions and Countries Analyzed in the Report

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

Bar & Wine Accessories Market – Market Segmentation

By Bar Accessories

Barware Sets
Bottle Openers
Cocktail Shakers
Corkscrews & Openers
Foil Cutters
Glass Markers & Charms
Ice Buckets & Tong Sets

By Wine Accessories

Wine Accessory Sets
Wine Bottle Coolers
Wine Drip Rings
Wine Stoppers & Pourers
Wine Thermometers

By Material

Aluminum
Brass
Copper
Crystal
Glass
Gold Plated
Iron/Metal

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Patio Umbrella Market to Achieve A High CAGR Of 5.8% During Forecast Period -2032

The global patio umbrella market is likely to reach US$ 965.1 million by 2032, up from US$ 538.8 million in 2022 advancing at a CAGR of 5.8% during the forecast period.

The growth of the travel and tourism industry is considered to be the major factor for the growth of the beachside umbrella market. Increasing per capita income and urbanization are driving the growth of the market.

What is Driving Demand for Patio Umbrella?

The majority of people all around the globe have always been excited to rejuvenate, relax, and enjoy a vacation in coastal areas.

Because beachside a perfect place to spend time with the loved ones at a less expanse. But, to avoid the causes of the diseases due to the ultra-violet radiation of the sun, people carry an umbrella with them. That is why the market of the seaside umbrella is rising during the forecast period because of the increased footfall of tourists at a seaside area.

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Furthermore, the rise in the number of travel bloggers and regional governments’ activities are promoting the famous coastal landscapes all over the world. They encourage people by promoting popular tourist destinations, regional markets, famous foods, and other leisure activities, such influencing factors motivated tourist to plan their leisure activities at a coastal area

Factors that Likely to Augment Patio Umbrella Sales

People like to travel to the beach for enjoying sunbathing all over the world. Like North Island in Seychelles, Reethi Rah, North Malé Atoll, Maldives, White Beach, Boracay, and The Philippines are some beaches famous for sunbathing. The trend of sunbath on the beachside is growing day by day because the sun is the best source for the improvement of the immune system.

But at the same time, the prolonged exposure to sun rays can harm the eyes and skin. Sunbath for a longer time can cause wrinkles, blemishes, skin ageing and sunspots and also cause skin cancer and eyes problems like pterygium and cataracts. For this situation, people prefer beachside umbrellas as a lifesaver.

These umbrellas not only provide shade to the tourist but also protect them from the ultraviolet rays that are coming from the sun. These umbrellas are also useful in the summer season. Beach brolly is easy to set up and that is why with this advantage the demand for the seaside umbrella is growing.

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For instance, beachBRELLA (a premium line of boutique Patio Umbrellas) introduced a handmade 100% UV protective umbrella that protects the tourist from the harmful effects of the sun rays. It makes the beachside umbrella with canvas and denim and its umbrellas are lightweight which is easy to carry, fade-resistant, and are available with many customs designs. In this way, the sale of beach brolly rises due to the harmful effects of the sunrays.

Impact of COVID-19 on Patio Umbrella Market

Due to the covid-19 pandemic, the world is facing unprecedented health, economic, and global emergencies. This pandemic has harmed the travel and tourist industry because several countries have closed their foreign borders with neighboring countries. As a result, sales of Patio Umbrellas are adversely affected.

According to UNWTO World Tourism Barometer, international tourism declined over 70% in 2020, back to levels 30 years ago. Even after taking the vaccine, somewhere people are scared about another wave of COVID-19, which is restricting them from domestic as well as foreign travel.

Apart from foreign tourists, local tourists are restricted from travelling to domestic tourist places that have hampered the income of the hotels, restaurants, local markets, and individual vendors.

Who are the Key Manufacturers and Suppliers of Patio Umbrella?

Some of the leading manufacturers and suppliers of beachside brolly include

Tommy Bahama
beachBUB
AMMSUN Industrial Group Limited
The Umbrella Connection
East Coast Umbrella Inc.
Implus Footcare, LLC
Beach Brella.
ShelterLogic Corp.
Sinobest Umbrella Co., Ltd.
Shinetech, Frankford Umbrellas.

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Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Key Segments Profiled in the Patio Umbrella Market Survey

By Product Type:

Centre Pole Umbrellas
Offset Pole Umbrellas
Table Umbrellas
Tilting Umbrellas

By Size:

5 Feet – 7 Feet
5 Feet – 10 Feet
More than 10.5 Feet

By Canopy Material:

Polyester
Canvas
Others

By Base Type:

Wood
Metal
Plastic
Other

By End Use:

Commercial
Personal

By Distribution Channel:

Direct Sales
Hypermarkets/ Supermarkets
Specialty Stores
Online Retailing
Others

By Region:

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

Airway Management Devices Market is expected to reach US$ 1.81 Bn by the end of 2028.

The Airway Management Devices Market size is anticipated to develop from a value of US$ 1.45 billion in 2021 to US$ 1.81 billion by the end of 2028, at a CAGR of 3.2%.

A senior research analyst at the company says, “The well-known complications and contraindications associated with the use of airway management devices market continue to restrict adoption of airway management device types. The subsequent safety concerns are thus leading to frequent product recalls, resulting in the limited growth potential of airway management device landscape at a global level”.

FMI Highlights Opportunities for Pediatric Airway Management Devices Manufacturers

In an effort to facilitate the otherwise challenging pediatric airway management, manufacturing companies leading the airway management devices landscape are incorporating an extensive range of cutting-edge technologies in existing devices. The FMI report indicates a chunk of lucrative opportunities residing in the pediatric airway management segment.

The Classic Laryngeal Mask Airway (LMA) is currently witnessing notable traction owing to its exceptional efficiency in terms of attaining ventilation in children.
The Proseal LMA is likely to enjoy notable adoption in coming years.
Recently, Smith Medical launched Protex Bivona FlexTend TTS tracheostomy tubes exclusively for newborns, further covering pediatric patients in the company’s flagship product line.

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The FMI analyst also says, “While the airway management space has been witnessing the successful introduction of next-generation endo-bronchial tubes equipped with camera, there is a strong likelihood of fostered product demand for thoracoscopic lung surgeries as well as in robotic surgeries. This and more such technological innovations can potentially uplift the revenue growth scenario of airway management devices market in coming years”.

Explaining the market dynamics further, the analyst says, “The companies are however extending strong efforts towards adapting their products to evolving regulatory guidelines and thereby boosting new product launches. While preventing product recalls will remain in the focal point for manufacturers of airway management devices, they continue to primarily witness sustained demand for anesthesia administration”.

Pre-hospital Settings Are Increasingly Demanding ‘Safer’ Single Use Airway Management Devices

With decently growing demand for emergency medical services and trauma management, the pre-hospital airway management is constantly becoming an imperative segment. With a primary objective to prevent the risks of cross infection, pre-medical settings are generating consistently growing demand for disposable laryngeal masks.

While these airway management devices allow easy insertion and curtail the chances of gastric aspiration, it is more likely that single use airway management devices will witness steady revenue growth in coming years.

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Segmentation Analysis by FMI at a Glance

EndoBronchial tubes hold over 40% share of the current market value, followed by laryngeal masks, reveals the airway management devices market analysis by the type of product. Nasal airway tubes are projected for a relatively positive revenue growth outlook in the near future.
Based on the type of usage, single use or disposable airway management devices continue to command over the major market revenue, in contrary to the reusable airway management devices.
While hospitals are identified to be accounting for over 45% market revenue share according to the end user analysis, ambulatory surgical centers also hold a sizable share of the total market value.
With more than half of the total market value attained through estimated sales of airway management devices, North America continues to govern the global landscape, led by the US reportedly contributing more than US$ 840 Mn to the market in 2022.
Western Europe and Asia Pacific are projected to position themselves as the next important regional markets for airway management devices.

Companies Extend Concerted Efforts on Introducing New ‘Readily Approved’ Products

New product launches currently atop the strategic minds of global leaders in the airway management devices landscape. The key focus area however is to abide by the regulatory standards and achieve approvals in the first go.

Teleflex Incorporated recently announced the launch of LMA Gastro Airway that is a Cuff Pilot Technology-enabled laryngeal mask. While this is the first-ever laryngeal mask that allows facilitated esophageal access, it also promotes the airway control during a range of endoscopic procedures.

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M&A Remains a Favored Strategy for an Edge over Competition

Strategic mergers and acquisitions will also remain an important generator of expansion opportunities for leading players in airway management devices market.

Partial acquisition of Airway Medix S.A. by Teleflex Incorporated that completed in the H2 last year had enabled the former to introduce CSS technology-enabled airway management. This advanced technology product innovation has been the company’s important engine for regional market penetration.

Airway Management Devices Market By Category

By Product Type :

Laryngeal Masks
Tracheostomy Tubes
Endotravheal Tubes
EndoBronhial Tubes
Nasal Airway Tubes
Oral Airway Tubes.

By Usage Type :

Single Use/ Disposable
Reusable

By End User :

Hospitals
Ambulatory Surgical Centers
Specialty Clinics

By Region :

North America
Latin America
Europe
APAC
MEA

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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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Bed Linen Market Estimations: US$ 35.44 billion by 2032 | Future Market Insights, Inc.

The global bed linen market is likely to garner a revenue of about US$ 35.44 billion by 2032, up from US$ 20.36 billion 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

Menstrual Cups Market is Anticipated to Touch a Value of Nearly US$ 1,557.8 Million in The Year 2032

As per Future Market Insights (FMI), the global menstrual cups market size is likely to reach US$ 835.6 Million in 2022. With rapid expansion of menstrual hygiene products market and growing awareness about the advantages of period cups, the overall sales are slated to grow at 6.3% CAGR between 2022 and 2032, totalling a valuation of around US$ 1,557.8 Million by 2032.

Over the years, menstrual cups have become an ideal alternative to products like pads and tampons due to their lower cost, better safety, and eco-friendly nature. These period cups are being increasingly used by women to cope with their menstrual period.

Rising awareness among women population about the advantages of these menstrual hygiene products is providing a major impetus to the growth of menstrual cups market. Similarly, various initiatives taken by government and non-government organizations to educate women about menstruation and women’s hygiene products will foster the sales of menstrual cup sales during the assessment period.

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The informative guideline about the menstrual cups product description, the raw materials used while manufacturing and directions to use helps to create transparency between manufacturers and consumers. Such transparency will positively impact demand for menstrual cups in the market.

In addition to this, improvement in healthcare infrastructure and continuous product launches that will help to cater to women’s hygiene and menstrual problems more efficiently will boost market growth during the forecast period.

Key Takeaways from the Menstrual Cups Market Study

By product type, the reusable menstrual cups segment holds the highest volume share of around 64.3% in the global menstrual cups market
Based on material type, the silicone segment is expected to hold a significant share of around ~43% in the total menstrual cup market during the forecast period.
By sales channel, the online retailing and drugs & pharmacy stores together hold a major share of more than ~35% in the global menstrual cups market.
Asia-Pacific and North America together will hold the major share in the menstrual cup market during the assessment period.
The menstrual cup market in Germany is anticipated to grow at a CAGR of 5.9% during the forecast period.
With growing preference for sustainable menstrual hygiene products, demand for menstrual cups is slated to grow at a healthy pace across the U.S. during the next ten years.

“The manufacturers are formulating strategies for the expansion of their product line and product innovation to cater to all types of customer requirements. They are also focusing on new ways of marketing to spread awareness of the feminine hygiene products in the international market.” Says an FMI analyst.

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Who is winning?

Leading manufacturers of menstrual cups are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of menstrual cups market globally.

Major players present in the menstrual cups market are Blossom Cup, Diva International Inc., Fleurcup, INTIMINA, Jaguara s.r.o. (LadyCup), Lena Cup LLC, Silky Cup, Chemco Group, Mooncup Ltd., The Flex Company, Me Luna Gmbh, Soch Green, Procter and Gamble, The Keeper Inc., and Saalt LLC., among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global menstrual cups market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the menstrual cups market based on the menstrual cups market by product type (reusable & disposable menstrual cups), material type (thermoplastic elastomer, rubber and silicone) sales channel (direct sales, specialty stores, drug/pharmacy stores, departmental stores, online retailers & other sales channel) across seven major regions.

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Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Key Findings

1.3. Summary of Key statistics

1.4. FMI Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

4. Global Menstrual Cups Market Demand Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Volume (Units) Analysis, 2017-2021

4.2. Current and Future Market Volume (Units) Projections, 2022-2032

4.3. Y-o-Y Growth Trend Analysis

Click Here for Menstrual Cups Market 300 pages TOC Report

Appendage Management Market is set to expand with CAGR of 6.6% over forecast period.

The global Appendage Management Market is expected to rise from US$ 223.9 Mn in 2021 to US$ 352.5 Mn by 2028 end, at a CAGR of 6.6% during the projected period.

The market expansion can be primarily ascribed to high morbidity and mortality rates related with atrial fibrillation, considering the incidence of embolic events such as stroke. The requirement of treatment alternatives for appendage management as well as to cure atrial fibrillation is therefore very high.

“Market players are conducting training sessions and conferences in institutes and hospitals to educate practitioners and surgeons with the novel product and enhanced technology left atrial appendage closure devices in the global market.” says an FMI analyst.

Appendage Management Market – Key Highlights

North America to remain the frontrunner among other regions as a result of the regions high and advanced healthcare facilities.
Hospitals segment is anticipated to drive the demand for appendage management market.
The epicardial LAA closure devices is projected to reflect high growth pace owing to its ability to refute the requirement of instilling a permanent device.

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Appendage Management Market – Drivers

Rising government initiatives to increase public awareness regarding cardiovascular ailments has further amplified growth in this market.
Increasing occurrence of atrial fibrillation amid the geriatric populace, and augmented technological progressions has boosted growth in the market.
Decreased risk of atrial fibrillation and stroke upon usage of left atrial appendage closure device to complement market expansion.

Appendage Management Market – Restraints

Stringent government regulations and rules related to the devices approval might hamper the market growth.
Use of drugs such as anticoagulant drugs induces side effects that can be lethal, this hindering the growth of the market.

COVID-19 Impact on the Market

The growing cases of COVID-19 is ensuing in growing demand for appendage management to ween patients off of anticoagulation as well as remove the requirement for steady clinic or hospital calls for INR testing utilized to keep up the drug at therapeutic levels. This is assisting the market to foresee a progressive expansion in the crisis.

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Competitive Landscape

Major companies identified in the global appendage management market are AtriCure, Inc., Abbott Laboratories, Boston Scientific Corporation, Johnson & Johnson Services, Inc., LifeTech Scientific Co., Ltd, Cardia, Inc., Medtronic plc., Occlutech International AB and SentreHEART, Inc. The key players of appendage management are centering on acquisitions & mergers to expand their product portfolio. Launch of innovative and new products is additionally a strategy trailed by the players which is working in their favor.

About the Study

The study offers readers a comprehensive assessment of the appendage management market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis of Product (epicardial LAA closure devices and endocardial LAA closure devices), end-use (catheterization laboratories and hospitals), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).

Appendage management market by Category

By Product Type

Epicardial LAA Closure Devices
Endocardial LAA Closure Device

By End User

Hospitals
Cath Labs

By Region

North America
Latin America
Europe
APAC
Middle East & Africa (MEA)

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Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the keyword market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Ankle Boots Market is reaching 1,219.9 million at a gracious rate of 3.8% by the year 2032

The ankle boots market is estimated at US$ 840.2 million in 2022 and is projected to reach US$ 1,219.9 million by 2032, at a CAGR of 3.8% during the forecast period.

The growing number of megacities in developing nations is one factor that has contributed to the international demand for ankle boots. Ankle boots were quickly becoming a fad throughout Europe, especially in Paris. In addition, boots that end just above the knee and are crafted from exotic Morocco leather are becoming increasingly popular in the Big Apple. The economy and urban populations of developing regions like Asia, Africa, and the Middle East are improving rapidly, fueling a massive increase of the ankle boots market share.

Demand for ankle boots in Europe is estimated to grow at a comparable rate to that in North America over the forecast period, although Europe is expected to account for a smaller share of the market in terms of revenue. The key drivers driving the growth of the ankle boot industry are people’s rising disposable incomes and their choice for high-end designs from luxury brands like Gucci, Prada, and Dior. In addition, this pattern plays a significant role. The Asia-Pacific region’s ankle boots market growth rate is predicted to be much lower than that of either North America or Europe over the forecasted timeframe.

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The expansion of the demand for ankle boots has been helped along by the rising popularity of a number of different fashion brands. The major companies that provide ankle boots are competing with one another based on the following criteria: durability, pricing, innovative design, and the overall quality of the raw materials utilized. In addition, retailers are placing a greater emphasis on promoting online retail as the distribution method that is most favored by customers.

In spite of its widespread popularity, there are a few factors slowing the global growth of the ankle boot industry. Consider, for instance, the cutthroat nature of competition between shoe manufacturers.

Sandals, casual shoes, and more formal styles can all work for women’s footwear. Ankle boots for women may not be able to increase in popularity around the world because boot manufactures have so much competition from other shoe companies. Consumer preferences change frequently, which means that even though boots are trending right now among women, that trend could be surpassed by another type of shoe, which would slow the development of the worldwide ankle boots market.

Key Takeaways

North America is expected to expand at a high CAGR and reach an ankle boots market share of 14.02%
The European ankle boots market is anticipated to hold a market share of 24.96%
The ankle boots market is expected to reach a valuation of US$ 1,219.9 million in 2032.
Ankle boots are now more widely available than ever thanks to the proliferation of well-structured retail outlets like department shops, discount outlets, online marketplaces, and specialist boutiques.
The rising fads of e-commerce, smartphones, and mobile internet, in addition to the convenience and accessibility they provide, are expected to drive the demand for ankle boots forward in the next years.

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Competitive Landscape

The presence of several SMBs from all over the world is a distinguishing aspect of the ankle boots sector. To attract a large consumer base, these companies think beyond the box and offer a range of products, from budget-friendly styles to those of a higher quality.

The major companies in the global ankle boots market are using a few key strategies to increase their share of the industry. Among these methods are the development of new products and the merger and acquisition of other businesses to expand existing offerings.

Key Players:

Thursday Boot Co. Downtown Boot
M.Gemi Corsa Concavo Boot
Everlane Day Boot
Lundstone Australia Pty Ltd
Vagabond Shoemakers
Nisolo
MARC FISHER FOOTWEAR. LLC. Boot
Asos Design Action Chelsea Boot
Sam Edelman Packer Bootie

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Ankle Boots Market Segmentation:

By Product Type:

Kitten Heel
Wedge Heel
Block Heel
Flat
Lace Ups
Buckle
Straps
Tassel
Others

By User:

Men
Women

By Shoe Size:

< 6 inches
9 – 10 inches
10 – 11 inches
> 11 inches

By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

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Post Consumer Recycled Bottles Market to Garner Brimming Revenues by 2028

Recycling of plastic bottles can help to conserve the additional 80% of energy that is generally used for manufacturing new bottles, containers, and other products. Post consumer recycled bottles have a high scrap value per ton. For each ton of plastic that is recycled, independent research estimates that 7 yards of landfill space is saved. Post consumer recycled bottles are more environment friendly as compared to non-recycled single use PET bottles. Less than half of the plastic bottles sold in 2016 were collected from recycling and just around 7% of those collected were turned into new plastic bottles.

It has been estimated that around 10-12 million tons plastic leaks into the world’s ocean every year which is ingested by fish, sea birds, and other organisms. Post consumer recycled bottles manufacturers helps in reducing the environmental crisis due to serious climate change. Therefore, there needs to be a massive shift in preference for post consumer recycled bottles to avoid the landfill problem.

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Post Consumer Recycled Bottles Market – Overview

Post consumer recycled bottles are made up of the materials that have reached the end of their effective life cycle as consumer products and are re-manufactured and re-captured into new bottles. Post consumer recycled bottles market is growing due to high demand for sustainable packaging products. Therefore, large number of manufacturers adopting new strategies for the production of environment friendly packaging solutions. Manufacturing companies come up with various new technologies in producing post consumer recycled bottles.

Developments in the material sorting facilities across the globe have contributed considerably to the advancement of the post consumer recycled bottles. The recycled plastic obtain from material sorting plants are light in weight and environment friendly. Post consumer recycled bottles has various properties such as crack resistance and strength. Various market players are focusing on sustainable principles due to large environmental benefits in using recycled products. Recycled plastic is light weight in nature as compared to conventional plastic which is also driving the growth of post consumer recycled bottles market.

Post Consumer Recycled Bottles Market – Methodology

The sources which have been used to validate the estimated market size include annual reports of key market players, industry journals & magazines, research papers, and other relevant data available in the public domain. Primary sources referred include focused discussions with C level executives, distributors, independent consultants, and key industry experts, among others.

Post Consumer Recycled Bottles Market – Regional Outlook

On the basis of geography, global post consumer recycled bottles market region is segmented into North America, Latin America, Asia-Pacific excluding Japan (APEJ), Eastern Europe, Western Europe, Middle East & Africa (MEA), and Japan. Among these regions, North America is a leading manufacturer of post consumer recycled bottles, as US and Canada have set up material sorting infrastructure, and is expected to witness a high growth in the post consumer recycled bottles market.

Along with North America, Asia Pacific is also anticipated to grow at the significant rate during the forecast period. Emerging economies such as India and China are anticipated to be the significant contributors to the growth of the APEJ post consumer recycled bottles market.

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Post Consumer Recycled Bottles Market – Key Players

Some of the key players operating in the global post consumer recycled bottles market are segmented into three tiers as tier 1, tier 2, and tier 3.

Tier 1:

The Procter & Gamble Company
Amcor Limited
Graham Packaging Company Inc.

Tier 2:

Placon Corporation Inc.
Method Products, Inc.
Ecover Belgium NV
Silgan Plastics

Tier 3:

Direct Pack, Inc.
Envision Plastics Industries LLC.
M&H Plastics Ltd.
Phoenix Technologies

Post Consumer Recycled Bottles Market – Key Developments

The global post consumer recycled bottles market is characterized by several new design level trends. Therefore, the competition is in terms of packaging optimization

In February 2018, Ecover launched 100% post consumer recycled bottles, which are made from post consumer PET and has around 70% lower carbon footprint, compared to its non-recycled counterpart.
In October 2017, P & G launched the recycled bottle named as Fairy Ocean Plastic bottle which is made completely from post consumer recycled plastic and ocean plastic.

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Post Consumer Recycled Bottles Market – Segmentation

The global consumer recycled bottles market is segmented on the basis of material type, layer type and by process. The pricing has been tracked on the basis of product type segment.

On the basis of material type, the global post consumer recycled bottles market is segmented as follows:

Polyethylene terephthalate (PET)
Polypropylene (PP)
High density Polypropylene (HDPE)

On the basis of layer type, the global post consumer recycled bottles market is segmented as follows:

Monolayer
Bi-Layer
Tri-Layer

On the basis of process type, the global post consumer recycled bottles market is segmented as follows:

Mechanical Process
Melting
Refining
Chemical Process

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Bottle Pourers Market Analysis by Size, Share, Growth, Trends up to 2028

Bottle pourers allow smooth flow of liquid from the bottles and eliminate spillage of low viscosity fluids. They are used for serving liquor and syrups in hotels & restaurants, automobile industry for oiling and lubricating machines and other end uses.

Bottle pourers can fit on the top of any bottle and allow the consistent rate of flowing. The bottle pourers have eliminated the requirement of measuring device as there are ball bottle pourers that would enable pouring of a predetermined value of fluid. Bottle pourers are made up of food-safe plastics, stainless steel, aluminum and others. The ball bottle pourers are widely used in bars and restaurants as they offer precise pouring and also have tracking option. Bottle pourers are compact, easy to store, easy to clean and thus are a convenient solution for consumers.

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Bottle Pourers Market: Dynamics

The major driver of bottle pourers market is hotels & restaurants and cafés. Consumers are facing the issue of drips and splashes of alcoholic drinks such as wine, beer, cocktails, and others.

Bottle pourers have solved the problem of spillage through precise pouring of the liquids.

One of the key trends of the bottle pourers market is that the pourers manufacturers are developing reusable wine pourer’s disk. These disks are 100% safe and can be rolled to form a cylinder, and they are inserted on the top of the bottle.

Companies such as Custom Branded Wine Pourer and Drop Stop U.S are producing bottle pourer’s disc that is reusable, and also have high shelf life than conventional bottle pourers. Thus, these are highly preferred by the wine consumers.

The National Restaurants Association calculated that about 15% of the beverage is wasted due to spillage of the drinks and theft. Thus, computerized bottle pourers can be used over conventional bottle pourers, as they will help the consumers to safely pour and track the exact amount of beverage that they want. Therefore, the interaction of bottle pourers with computers is expected to act as an opportunity for bottle pourers market.

Key players of bottle pourer market are looking towards developing innovate solutions. “Jump n Pour” company is providing pop-up pourers. In this pourers are attached with the spring. As the cap of the bottle is removed the pourer pops up, and offers clean and smooth pouring of the liquid.

Tier analysis bottle pourers market

Tier 1 analysis includes: The leading players of bottle pourers market are Jump’ n Pour Limited, OXO International, Ltd., Bar Products Company, Precision Pours, Inc. Franmara, Inc., Spill-Stop Mfg. LLC, Pouro Pour Spouts, BERICAP GmbH & Co. KG and Others.

Tier 2 analysis includes: The emerging players of bottle pourers market are Custom Branded Wine Pourer, Drop Stop U.S, N J Overseas Pvt Ltd, Guangzhou Sen Xin Business Service Co. Ltd., Yongkang Wonder Hardware Co. Ltd, Fuzhou Remind Sunny Imp&Exp Co., Ltd., Zhejiang Wonder Industry and Trade Co. Ltd, Quanzhou Hongfa Gifts Co. Ltd and others

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Bottle Pourers Market: Regional Overview

The global bottle pourers market has been divided into seven key regions –

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East & Africa (MEA)

In North America and European region, the major consumption of bottle pourers is in hostels & restaurants for pouring liquors, soda, syrups and sparkling water. However, in developing countries, the bottle pourers are used for pouring out cooking oils, vinegar, spirits, and others. Thus, in emerging economies such as India, China, Brazil and others.

The personal care & household end uses generate the maximum demand for bottle pourers. Also, they are used for pouring oils and lubricants in the automotive industry. Asia Pacific region is expected to show immense growth in the bottle pourers market.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Bottle Pourers Market: Segmentation

The global bottle pourers market is segmented into material type, product type, and by end use.

On the basis of material type, bottle pourers market is segmented into:

Plastics
Polyethylene
Polypropylene
Stainless Steel
Aluminum
Others

On the basis of product type, bottle pourers market is segmented into:

Pop-up bottle Pourer
Pull-up bottle Pourer
Flip-Top bottle Pourer
Spill-Stop bottle Pourer
Screened bottle pourers
Ball bottle pourers
Others

On the basis of end use, bottle pourers market is segmented into:

Food & Beverages
Alcoholic beverages
Non Alcoholic beverages
Oil & Vinegar
Syrup & Seasoning
Water
Others
Personal Care & Household
Hotels & Restaurants
Pharmaceuticals
Automotive
Others

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Flexible Silos Market Key Opportunity, Analysis, Growth, Trends 2027

Flexible silos are the most common industrial packaging product used for the packaging applications in the food, plastics, chemical, and pharmaceutical industry. These bags are available in the variety of sizes with capacity ranging from 1 tonnes to 50 tonnes for bulk storage of the goods and products. They are supplied as the flat packs to the customers and erected on site. Flexible silos, also known as fabric silos, are manufactured from high tenacity, anti-static, woven polymeric material.

Flexible silos have high rigidity and load carrying capacities with a 7:1 safety factor for seams and fabric. Standard flexible silos are breathable bags and remove any air generated during the filling process. According to the packaging requirement, different types of flexible silos are available in the market which includes coated fabric silos, etc. which are also approved by FDA and ATEX. From the design perspective of flexible silos, they could be incorporated with the same features as of steel silos such as access doors, sight glasses, explosion relief panels, etc.

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These silos could be filled manually by hand or by blowing system, road tanker, screw conveyor, bucket elevator, vacuum conveying, and other mechanical conveying machines. Flexible silos are available in square and rectangular shapes in the market. Also, it is very convenient to discharge flexible silos within a fraction of minutes. Also, some of the discharge options available in the market are vacuum take-off box, belt conveyor, bin activator, air pads, screw conveyor, stirring agitator discharger, etc. Some of the key products which are stored in the flexible silos are flake material, fillers such as chalk, salt, sugar, starch, EPS, polymer powder, etc.

Market Dynamics

The flexible silos market is expected to increase at a growth rate of 6%-7% annually in the next 4-5 years. Companies in this market are continuously innovating their existing product lines to offer wider options to its consumers for application-specific packaging application. The brand owners are shifting their packaging requirement to more sustainable and cheaper packaging alternatives. Growth in this market will be further fuelled by the increase in the number of food & beverages and petrochemical companies etc. in the developing regions.

Furthermore, flexible silos have witnessed moderate growth in the developed countries due to the high penetration of the other packaging formats for the similar applications. Although, the demand for flexible silos will increase at an impressive growth rate in the next 4-5 years and may outgrow other formats. Some of the companies provide vertically integrated solutions in the flexible silos market. One such company is Maguire Products Inc., a US-based material handling systems Manufacturer Company which offers flexible silos of capacity up to 50 tonnes and different types of silo systems.

Earlier, most of the industrial silos were made up of aluminum and steel material but the trend is changing from the metallic material to flexible fabric materials. For eg. – ABS silo and conveyor systems GmbH, a Germany based company has installed more than 70,000 silos worldwide which are made up of the high-strength, high-tech polyester fabric. One of the recent acquisitions in the flexible silos market is –

In 2016, ABS silo and conveyor systems GmbH acquired the Spanish flexible silo manufacturer, Supersilo to strengthen its presence in the global flexible silo market. After acquisition, the company has become one of the largest global manufacturer of the flexible silos in the world.
Flexible silos are prominently used for the packaging of the food & beverages and chemical products. Both of these industries comprises of around 50% of the global flexible silos market.

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Regional Overview

On the basis of region, the Flexible Silos market is segmented into seven regions which include North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East & Africa, and Japan. Flexible silos are more popular in the developed countries such as the U.S., Germany, Italy, etc. There is high penetration of the flexible silos in these regions due to a large number of manufacturers offering the product and lack of other alternatives available for similar packaging applications in the region.

The demand for flexible silos is expected to increase in the Asia-Pacific region due to increase in the number of food & beverages and chemical manufacturers in the region. Western Europe and North America are expected to show an almost similar trend with respect to demand in the flexible silos market. The MEA and Latin America region also offer untapped growth opportunities in the flexible silos market.

Market Players

Some of the key players in the Flexible Silos market are Remae Industria e Comercio Ltda., Siloanlagen Achberg GmbH & Co. KG, Summit Systems, Inc., R.R.S.-INTERNATIONAL GmbH, ABS silo and conveyor systems GmbH, Spiroflow Systems, Inc., Maguire Products Inc., CS Plastics bvba, Contemar Silo Systems Inc., Zimmermann Verfahrenstechnik AG, Prillwitz y CIA SRL.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Market Segmentation

By Capacity

Up to 15 tonnes
15 tonnes to 30 tonnes
30 tonnes to 45 tonnes
More than 45 tonnes

By Application

Bulk Materials
Abrasive Materials
Hydroscopic Materials
Poor Flowing Materials
Free Flowing Powders

By End Use

Food & Beverages
Chemical & derivatives
Manufacturing
Pharmaceutical
Others

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