Market Research Blog – Page 9322 – New Product Development

Cat & Dog Food Toppers Market to Cross US$ 18,611.7 Mn by 2032, Says Future Market Insights

As per Future Market Insights (FMI), the global cat & dog food toppers market is estimated to expand at a CAGR of over 8.7% throughout the forecast period of 2022-2032, and it is estimated to be valued at US$ 18,611.7 Mn by the end of 2032.

Pet owners routinely spend more on luxury merchandise and services for the well-being of their cats & dogs, which has increased cat & dog-related expenditures. The effect has significantly aided the growth of the cat & dog food market and will continue to do so in the foreseeable future. With growing pet food prices, pet owners are looking for customized cat and dog food that addresses their pets’ health concerns.

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Customized pet food solutions and technological advancements substantially alter pet care market trends. The global market for cat and dog food toppers is anticipated to rise due to the popularity of personalization trends, which are primarily driven by pet parents’ growing health concerns. Leading companies provide the ability to tailor the characteristics of their cat & dog food topper products to the individual health concerns of end customers.

Leading companies focus on product innovation by customizing the characteristics based on the health, breed, and other elements of cats and dogs. Customized functional pet food toppers will be in high demand since they address significant health issues such as weight loss, joint difficulties, and digestion. The tailored food topper based on the animal age, weight, height, and breed is expected to drive the cat & dog food topper market in the upcoming years.

Key Takeaways from the Cat & Dog Food Toppers Market Study

In terms of sales, hypermarkets and supermarkets have a significant market share and are expected to increase at a rapid rate throughout the projection period.
Sales in internet retails segment are expected to grow rapidly, resulting in robust growth in the cat & dog food toppers industry.
Organic dog food toppers are expected to drive the growth of the cat & dog food topper market.
By product, dry topper is expected to dominate the global cat & dog food topper market.
Based on packaging type, the pouches segment is expected to witness impressive growth over the coming decade.
By life stage, the adult segment will gain traction in the global cat & dog food topper market

“Food topper producers are launching organic and natural food toppers to expand their product line and meet the needs of pet owners. Some of the key companies are working on product innovation in order to increase product shelf life and product customization.” Says an FMI analyst.

Who is winning?

Leading manufacturers of cat & dog food toppers are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of cat & dog food toppers market globally.

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Major players present in the cat & dog food toppers market Stella & Chewy’s, The Honest Kitchen, Blue Buffalo Co., Ltd., Nature’s Variety, Merrick Pet Care, Inc., Castor & Pollux Natural Petworks, Mars Incorporated, Only Natural Pet, Petco Animal Supplies, Inc. (WholeHearted), Applaws Natural Cat and Dog and Cat Food, and Tiki Pets, among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global cat & dog food toppers market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the cat & dog food toppers market based on product type (dry topper and wet topper), packaging type (pouches, bags, can, and bottle & jars), packaging size (0-10, 10-20, and above 20), life stage (kitten & adult), sales channel (hypermarkets/supermarkets, convince stores, pet specialty stores, independent grocery retailers, drugstores, online retailers, and others) across seven major regions.

Global Cat & Dog Food Toppers Market by Category

By Product Type:

Dry Topper
Wet Topper

By Packaging Type:

Pouches
Bags
Can
Bottles & Jars

By Packaging Size (in Ounces):

0-10
10-20
above 20
By Life Stage:
Puppy/Kitten
Adult

By Sales Channel:

Hypermarkets/Supermarkets
Stores
Pet Specialty Stores
Independent Grocery Retailers
Drugstores
Online Retailers
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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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

3.1.1. Pet on the go, with travel products results in increase in demand.

3.1.2. Rising trend for Cat & Dog nutrition food

3.1.3. Adaptability of Cat & Dog dieting and Cat & Dog nutrient products extensively.

3.1.4. Product innovation and diversification in Cat & Dog food toppers

3.1.5. others

GCC Shisha Tobacco Market to surpass US$ 1,724.3 Mn by 2032, Says Future Market Insights, Inc.

As per Future Market Insights (FMI), the GCC shisha tobacco market is poised to expand at a CAGR of 6.1% over the forecast period (2022-2032). Sales in the market are projected to increase from US$ 949.4 Mn in 2022 to US$ 1,724.3 Mn by the end of 2032.

With diseases becoming increasingly prevalent in this era, a strong focus is turned towards finding the biologically harmful culprits in food and other industries dealing with better life and survival. This focus has lately included the detailed inspection of niche products within the tobacco industry. Water pipe smoking is not expected to escape the iron claws of research for long, which will stamp the truth regarding its harmful nature. Soon, research and development may lead to prohibitions or restrictions on the shisha tobacco market.

For instance, Hookain, the famous shisha tobacco brand, now sells non-nicotine steam stones and conventional shisha tobacco. They are produced from natural soapstone soaked in molasses and have “an extra 30% of flavor to compensate for the lack of nicotine while simultaneously offering an explosion of pure taste.” Athletes frequently swap them for traditional tobacco products. At least in the GCC market, nicotine-free alternatives such as steam stones will be the dominant trend of the future, pushing the evolution of shisha smoking.

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Key Takeaways from the Shisha tobacco market Study

In terms of sales channel, direct sales segment is expected to account for maximum sales in the GCC shisha tobacco market.
By product type, the strong shisha tobacco segment is expected to gain traction over the upcoming decade.
Based on flavor, the fruit flavors are expected to witness immense growth in the GCC shisha tobacco market
UAE shisha tobacco market is projected to witness robust growth in the GCC shisha tobacco market between 2022 and 2032

“Leading manufacturers in the GCC shisha tobacco market have increased their R&D efforts in order to extend their product range and produce a product which is less harmful for health. Businesses are focusing on new potential markets in order to grow their consumer base and establish a stronger regional presence.” Says an FMI analyst.

Who is winning?

Leading shisha tobacco manufacturer are focusing on aggressive promotional techniques, commercials, and new product launches to boost shisha tobacco sales growth in GCC. Major players present in the shisha tobacco market are Al-Eqbal Company for Investment PLC, Gulbahar Group, Samara Premium Tobacco Molasses, MSG Group of Companies, Romman Shisha Ltd., Middle East Tobacco Co. Ltd, Al Zawrae Industrial Company, Ugly Tobacco Hookah Inc., and Eastern Tombac & Tobacco Establishment among others

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Period Patch Market Worth US$ 1.9 Bn By 2032 | CAGR 4% – By FMI

The global period patch market size is poised to grow from US$ 1.2 Bn in 2022 to US$ 1.9 Bn by 2032, exhibiting a CAGR of 4% between 2022 and 2032.

Increasing prevalence of menstrual cramps, introduction of herbal products, and growing health awareness among people are some of the key factors driving demand for period patches.

The feminine care sector is being transformed by the women-owned period brands, which offer tailored birth control products, efficient pain alleviation, and leak-proof solutions. The main focus of the players is on giving women more portable products.

Dysmenorrhea, or menstrual cramps, are sharp or stabbing pains in the lower abdomen of women before and during periods. Some ladies may only find the discomfort irritating. Others may experience menstrual cramps that are so bad that they prevent them from going about their normal lives for a few days each month.

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In order to treat the severe period cramps, industry manufacturers are developing items like period patches. For instance, the award-winning product innovation company Sirona is dedicated to resolving the intimate and menstrual hygiene problems that women face worldwide but which are not fully addressed.

The “Beginner’s Pain Relief Patch” from Sirona is a wholly ayurvedic patch. In the beginning of the monthly cycle, it is one of the safest methods for preventing cramps. It is anticipated that rise in product offering will eventually increase period patch sales across the globe

Similarly, introduction of period patches with ayurvedic formulas are penetrating the market at a robust pace. This will further expand the global period patch market size during the forecast period.

Key Takeaways from the Period Patch Market Study

By product type, the heated period patch segment is expected to grow at a CAGR of 4.0% during the forecast period.
In terms of price range, US$ 20- US$ 30 segment has the most market share and is expected to grow at the fastest pace over the assessment period.
Due to changing consumer preferences for new and improved products, North America accounted for the largest share of the period patch market.
The U.S. period patch market is expected to surge at around 4.0% CAGR through 2032.
Demand for period patches across India is likely to grow at a CAGR of ~5.0% during the forecast period of 2022 and 2032

“Leading manufacturers in the global period patch market have raised their R&D efforts with the goal of expanding their product line. Besides this, in an effort to grow their clientele and establish a stronger global presence, businesses are focusing on the new prospective market, ” says the FMI analyst.

Who is winning?

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

Major players present in the period patch market Unexo Life Sciences Pvt. Ltd., Cora, La Mend Inc. dba, The Good Patch, LILAS WELLNESS, Rael, Nua Lagom Labs Private Limited, Care me Inc., Popband Ltd., BeYou, BeBodywise, sirona hygiene private limited, Medi Heally Philippines, Sparsha Pharma International Pvt Ltd among others.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global period patch market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the period patch market based on the period patch market by product type (cool & heated period patch), price range (below US$ 20, US$ 20- US$ 30, US$ 30-US$ 40 and Above US$ 40) sales channel (direct sales, specialty stores, drug stores, departmental stores, online retailers & other sales channel) across seven major regions.

Competitive Landscape

Leading players operating in the market are focusing on expansion, partnership, development, and new product launches in order to expand their business globally.

For instance:

Nearly 70% of menstrual women in India have cramps, which can disrupt sleep and lead to abnormal mood swings, irritability, and exhaustion. Women’s health company Nua has introduced a cutting-edge self-heating patch in 2020 that is specially created to produce up to 8 hours of heat to provide period pain relief.

Cora, La Mend Inc. dba The Good Patch, and BeYou Emerging Top Three Flag Bearers in Period Patch Space!

Cora, La Mend Inc. dba The Good Patch, and BeYou are the top three players manufactures of period patches. Headquartered in San Francisco, California, Cora has become a leading provider of period care and organic period care. The company was founded in 2015 and since then its specialities has expanded significantly.

Recently, Cora introduced their new comfort-focused brand look and expanded its portfolio with new wellness products to meet consumer demands. The new products include “The Comfort Fit Tampon, The Peace-of-Mind Pad, The Got-You-Covered Liner, and The Perfect Fit Disc.

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Global Period Patch Market by Category

By Product Type:

Cool Period Patch
Heated Period Patch

By Price Range:

Below US$ 20
US$ 20- US$ 30
US$ 30- US$ 40
Above US$ 40

By Sales Channel:

Direct Sales
Specialty Stores
Pharmacy / Drug Stores
Departmental Stores
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

Disodium Adenosine Triphosphate Market to Achieve A High CAGR Of 11% During Forecast Period -2032

During the projection period, a CAGR of 11% is predicted for the disodium adenosine triphosphate market size. Disodium adenosine triphosphate is in greater demand than ever for use in a variety of applications, and people are becoming more aware of its advantages.

These factors are fueling the expansion of the market for this substance. The market is also developing as a result of the increasing use of disodium adenosine triphosphate in cosmetic and personal care products.

Disodium Adenosine Triphosphate Market: Overview

The increased pollution has many adverse effects on the skin all over the world. Exposure to environmental conditions that challenge the skin quality of people daily is one of the common concerns. Moreover, urban life has made it challenging to prevent indoor as well as outdoor pollution.

Pollution causes dehydration, uneven skin tone, dark spots, dryness, wrinkles, sagging, expedited aging, and a deterioration of collagen. Thus, beauty brands have fallen to include disodium adenosine triphosphate, which helps to tackle day-to-day skin problems.

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Disodium adenosine triphosphate is a chemical that is present in the cells of the human body. Disodium adenosine triphosphate has characteristics such as anti-aging, anti-pollution, conditioning, restructuring and replenishing, and moisturizing. These properties have forced the manufacturers of the cosmetic industry to formulate and develop products that include disodium adenosine triphosphate as a critical ingredient.

The disodium adenosine triphosphate has the potential to be the key ingredient of many cosmetic products and now have created numerous applications. The growth of disodium adenosine triphosphate market in the forecasted period is estimated to have a significant increase all over the world.

There is an increase in demand for organic cosmetics products by the users due to increased health concerns and awareness about its benefits. The market for disodium adenosine triphosphate market from a natural source is anticipated to drive the forecasted period’s market. The availability of disodium adenosine phosphate in powder, as well as liquid form, makes it easy to use for beauty brands and R&D new applications. Manufacturers are estimated to develop products that offer advantages of both anti-pollution, anti-aging, and de-tan features and include disodium adenosine triphosphate as a critical ingredient.

Disodium Adenosine Triphosphate Market: Market Dynamics

Increased pollution is the primary driver for the disodium adenosine triphosphate market. It has increased the demand from cosmetic makers, which are now focused on formulating new products to increase their sales and fulfil the customer’s needs. Premature aging is one of the common skin issue faced by the young population all over the world and products, including disodium adenosine triphosphate are trending in the cosmetic industry.

Increased awareness among the population about the products that contain disodium adenosine triphosphate as an ingredient has fuelled the market growth. Manufacturers are estimated to focus more on promotional and marketing strategies of products, including disodium adenosine triphosphate as a key ingredient. The suppliers of disodium adenosine triphosphate are estimated to a merger or collaborate with leading beauty brands for developing more formulations that understand and fulfils the consumers’ needs regionally. Many businesses to business opportunities are anticipated to boom the disodium adenosine triphosphate market growth.

Disodium Adenosine Triphosphate Market: Regional Outlook

The study on disodium adenosine triphosphate market regionally is categorized into North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa (MEA). Regionally, East Asia and Europe are estimated to have prominent disodium adenosine triphosphate market share, owing to product formulations by various beauty brands. Followed by North America, disodium adenosine triphosphate market is expected to have a high growth due to high demand for anti-aging products.

High disposable income of the consumers in Oceania and the Middle East and Africa (MEA) is estimated to fuel the market of disodium adenosine triphosphate. The increasing population in South Asia has increased the demand for cosmetics, and hence, the market for disodium adenosine triphosphate is anticipated to grow. Moreover, a significant disodium adenosine triphosphate products market share is expected from the developing countries, boosting the overall market growth.

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Disodium Adenosine Triphosphate Market: Key Players

Some of the major players in the disodium adenosine triphosphate market are Skin Actives Scientific LLC, SpecialChem, MolPort, Key Organics, TCI America, Chemyunion Inc., Shenzhen BST Science & Technology Co., Ltd, Parchem fine & specialty chemicals, Spectrum Chemical Mfg Corp., Enzo Life Sciences, BeanTown Chemical, Acros Organics MS, Cayman Chemical, and among others. These key market players are estimated to enhance disodium adenosine triphosphate market growth with innovative product formulations. Also, these market players are expected to penetrate into new regions and increase the opportunities for the disodium adenosine triphosphate 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 categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes:

Malaysia
Thailand
Vietnam
Philippines
Indonesia

Disodium Adenosine Triphosphate Market: Market Segmentation

The Disodium Adenosine Triphosphate market is segmented into application, end use, product nature, form, sales channel, and geography.

Based on application, the disodium adenosine triphosphate market is segmented into:

Skin care
Hair care
Eye care
Others

Based on end use, the disodium adenosine triphosphate market is segmented into:

Personal care and cosmetics
Medical

Based on product nature, the disodium adenosine triphosphate market is segmented into:

Organic
Conventional

Based on form, the disodium adenosine triphosphate market is segmented into:

Powder form
Liquid form

Based on sales channel, the disodium adenosine triphosphate market is segmented into:

Direct
Indirect
Independent Stores
Specialty Stores
E-commerce
Others

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Home Audio Equipment Market Size Predictions : US$ 90 Billion by 2032

The global home audio equipment market size is anticipated at US$ 25 Billion in 2021. The sector is gaining pace as companies provide technologically improved home audio equipment with various wireless technologies. Thereby, garnering US$ 90 Billion in 2032, recording a CAGR of 12% from 2022-2032. The market is likely to secure US$ 30 Billion in 2022.

Aside from that, the growing popularity of OTT services is increasing demand for high-performance home audio equipment for a more immersive watching experience. A growing number of consumers are signing up for streaming services, which is fueling industry development.

Furthermore, the development of showrooms and the e-commerce business is resulting in the simple availability of items accompanied by added conveniences such as free doorstep delivery, interesting deals, and safe payment options. This contributes to the market’s growth. Leading manufacturers are also engaging in competitive marketing strategies and promotional activities in order to reach a larger customer base and enhance product sales.

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Additionally, technical breakthroughs such as the creation of architecturally appropriate Dolby Atmos systems, short-throw projectors, ambient light rejecting screens, motorized window coverings, and huge LED panels are fueling market expansion. Furthermore, significant expenditures in research and development (R&D) activities are projected to fuel the market.

Key Takeaways:

The global home audio equipment market is estimated at US$ 25 Billion in 2021
The global home audio equipment market to value US$ 30 Billion in 2022.

The global Home Audio Equipment market is estimated at US$ 90 Billion by 2032.
The global home audio equipment market is expected to expand at a 12% growth rate till 2032.
North America is anticipated to exhibit a 10.6% CAGR from 2022 to 2032.
Asia Pacific is projected to record an 11% CAGR during the forecast period.
The online segment is likely to expand at 10% CAGR in the forecast period.

“During the projection period, market expansion will be driven by rising demand for smart technologies such as multi-room solutions and ongoing advancement in in-house entertainment systems.”

Competitive Landscape

Key players in the global home audio equipment market include:

Amazon.com, Inc.
Apple Inc.
Blaupunkt GmbH
Bose Corporation
Bowers & Wilkins Group Ltd.
Creative Technology Ltd.
Sonos, Inc.
Sony Corporation
VIZIO Inc.
Voxx International Corporation
Yamaha Corporation

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Recent key developments among players are:

In August 2022, the Odyssey Neo G8, the world’s first 240Hz 4K gaming display, was introduced by Samsung Electronics. It received the Best of Innovation Award in the Gaming category at CES 2022, recognizing its technological brilliance.
In April 2022, Sonos, Inc. bought Mayht Holding BV (Mayht), a producer of revolutionary audio transducer solutions. These devices are essential components of sound-generating speakers. Mayht has reengineered them to be lighter and smaller without sacrificing quality. Mayht intends to develop speaker technology that allows more components to be packed into smaller places while saving electricity. Market participants are concentrating on increasing their competitive edge and speeding up their future roadmap.

More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the Global Home Audio Equipment market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis By Technology (Wired (Speaker, Soundbar, Home Theater in a Box (HTiB) and Receiver), Wireless (Speaker, Soundbar, Home Theater in a Box (HTiB) and Receiver), By Distribution Channel (Offline and Online) & Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa)

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Retail Vending Machine Market Set to Witness an Uptick Size USD 130 billion to 2032

The global retail vending machine market size is likely to secure US$ 130 Billion by 2032 while expanding at a CAGR of 9% during the forecast period. Increasing adoption of a vending machines in a large number of fitness clubs around the globe for offering their clients supplements like soft drinks, protein bars, energy drinks, and others, is anticipated to boost the demand for vending machines. As per International Health, Racquet and Sportsclub Association 2019 Report, the global fitness industry has witnessed a rise in membership of 183 million with an anticipated revenue generation of US$ 94 billion in 2019.

Increasing demand for coffee and energy drinks across various verticals is anticipated to expand use of retail vending machines. Players in the market are taking various initiatives that can drive market growth during the forecast period. For instance, in July 2022, Coca-Cola announced the launch of a revolutionary new coffee machine. The company will be focusing on its coffee vending machines called “Costa Smart Cafes”. Such factors are likely to boost the retail vending machine market in the forecast period.

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On the contrary, high expenses associated with such equipment is anticipated to hamper the market during the forecast period. The equipment demands high maintenance, and a high risk of robbery, which is likely to limit the industry growth during the forecast period. However, the growing demand for vending machines in various spaces, from offices to high-end restaurants, and crowded bars to public places, are expected to counter the hampering factors and drive the growth of retail vending machine market.

Key Takeaways from the Market Study:

By payment mode, cash based retail vending machines to hold 74% of the global market share in 2022
The global retail vending machine is projected to have held about US$ 51 Billion in 2021
By type, beverage retail vending machines to secure about 43% of the global market share in 2022
The global retail vending machine market is expected to secure US$ 55 Billion in 2022
North America to account for 31% of the retail vending machine industry revenue in 2022
Asia Pacific to emerge as the primary revenue powerhouse, expanding at a 9.6% CAGR by 2032

“With the global retail industry continuing to flourish, there is a flurry of demand for a wide range of consumer products, ranging from food & beverage items to apparel. This has prompted retailers to increase deployment of vending machines, providing customers with the ease of selecting products of their own choice,” says an FMI analyst.

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Competitive Landscape

Key players in the global retail vending machine market include Azkoyen Group, Cantaloupe Systems, Westomatic Vending Services Limited, Royal Vendors, Inc., Glory Ltd., Sanden Holding Corp., Seaga Manufacturing Inc., Orasesta S.p.A, Sellmat s.r.l., and Fuji Electric Co., Ltd. Recent developments in the industry include:

In July 2022, Azkoyen Group, a Spanish vending machine manufacturer has acquired Barcelona-based espresso machine manufacturer Ascaso. Azkoyen Group said that the acquisition will provide a new leadership position in the premium coffee segment. The company’s coffee business currently accounts for 75% of turnover for its coffee and vending division.
In October 2021, Dominus Capital and affiliates have completed their investment in Seaga Manufacturing, Inc. Seaga’s customized offering allows customers to enhance inventory management, demand planning, inventory costs, and shrinkage, all while providing safer products access.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global retail vending machine market, presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Type (Food, Beverage, Games/Amusement, Tobacco, Candy & Confectionery Retail Vending Machine, Beauty & Personal Care Retail Vending Machine, Ticket Retail Vending Machine, Others) by Payment Mode (Cash, Cashless), by Application Outlook (Commercial Places, Offices, Public Places, Other Places), & Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)

About the Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

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Key Segments Profiled in the Retail Vending Machine Market Report

Retail Vending Machine Market by Type:

Food Retail Vending Machine
Beverage Retail Vending Machine
Games/Amusement Retail Vending Machine
Tobacco Retail Vending Machine
Candy & Confectionery Retail Vending Machine
Beauty & Personal Care Retail Vending Machine
Ticket Retail Vending Machine

Retail Vending Machine Market by Payment Mode:

Cash Retail Vending Machine
Cashless Retail Vending Machine

Retail Vending Machine Market by Application:

Retail Vending Machine for Commercial Places
Retail Vending Machine for Offices
Retail Vending Machine for Public Places
Retail Vending Machine for Other Applications

Retail Vending Machine Market by Region:

North America Retail Vending Machine Market
Europe Retail Vending Machine Market
Asia Pacific Retail Vending Machine Market
Latin America Retail Vending Machine Market
Middle East & Africa Retail Vending Machine Market

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Sleeping Bags Market is Reaching US$ 3050 Mn by 2032, at a Gracious Rate of 6.3% by the year 2032

The Sleeping Bags Market size is anticipated to increase at a high CAGR of 6.3% 2022-2032, reaching a value of about US$ 3050 Mn by 2032 – Report by FMI. The demand for sleeping bags in the market is growing at a swift rate owing to the rise in outdoor activities such as hiking, hill walking, climbing, and camping.

The hike in demand for sleeping bags is directly proportional to the rise in adventure enthusiast. Adventure activities not only brings you closer to nature but also serves as an economical and affordable vacation thereby leading more and more people to indulge in such activities leading to a rise in demand for products such as sleeping bags in the market.

Sleeping bags have become an essential item while packing bags for going out for camping activities. The growth in e-commerce is making sleeping bags and its variants more accessible to the consumer and acts as a contributing factor in boosting the demand for sleeping bags in the market.

The market for sleeping bags worldwide, which was valued at US$ 1,545 million in 2021, is anticipated to rise by 7.1 percent year over year in 2022 to reach US$ 1,655 million. A valuation of US$ 3,050 million is anticipated by 2032, with a CAGR of 6.3 percent predicted.

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Rise in prevalence of outdoor activities coupled with increasing population of adventure enthusiasts is driving the Sleeping Bags Market:

Globally, the demand for sleeping bags is rising at a steady rate owing to an increase in the population of nature lovers as they are more inclined towards adventurous activities. The increasing rate of adoption of adventurous vacation spots of the millennial population owing to increasing awareness about the benefits of camping such as reduces stress and improved mental and emotional health has led to an increase in the demand for sleeping bags in the market.

The availability of different variants of sleeping bags which are suitable for different purposes and different demography makes it a customer friendly product. The manufacturers of sleeping bags are coming up with new and innovative products for serving various types of consumer demand by introducing products which are suitable for all types of climatic conditions, durable and at the same time are pocket-friendly leading to a hike in demand for sleeping bags in the market.

The emergence of social media as a key influencer on the interest of consumers also plays a major role in encouraging the growth of camping activities and eventually the growth in demand for sleeping bags in the market.

Sleeping Bags Market: Market participants:

The key market participants identified across the value chain of the Sleeping Bags market are Decathlon S.A, Recreational Equipment, Inc., Johnson Outdoors Inc., Western Mountaineering, V.F. Corporation, ENLIGHTENED EQUIPMENT, Oase Outdoors ApS, Feathered Friends, Katabatic Gear LLC, Jarden Corp., Patagonia International, Inc., Exxel Outdoors, LLC, and NEMO Equipment, Inc. are among others.

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Opportunities for Sleeping Bags Market Participants:

The global sleeping bags market is anticipated to grow at a steady rate owing to the rising trend of adventure activities coupled with the growing interest of the millennial population in outdoor activities. The market is driven by the multifunctional nature of the sleeping bags such as providing safety, temperature insulation, comfort, ease of use, convenience factor, and portability making sleeping bags a must-have equipment in a mountaineer’s bag.

The growing awareness about the availability and accessibility of the sleeping bags also supplement the growth of the sleeping bags in the market. Sensing a lucrative growth in the sleeping bags market various new market entrants are expected to enter this niche market.

The Sleeping Bags market on the basis of region has been segmented as:

North America
Latin America
Europe
CIS & Russia
Japan
APEJ
The Middle East & Africa

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

Sleeping Bags Market: Market Segmentation

On the basis of Demography, the Sleeping Bags market has been segmented as:

Male
Female
Unisex

On the basis of Insulation Type, the Sleeping Bags market has been segmented as:

Down
Synthetic

On the basis of Size, the Sleeping Bags market has been segmented as:

Kids
Long
Regular

On the basis of Shape, the Sleeping Bags market has been segmented as:

Rectangular Shape
Mummy Shape

On the basis of Sales Channel, the Sleeping Bags market has been segmented as:

Multi Brand Stores
Independent retailers
Supermarket/Hypermarket
Online Sales
Company Website
3rd party Online Sales
Specialty stores

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About 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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Horse Stable Supplies Market is Expected to reach US$ 2.7 Bn by 2032 | Report by FMI

The global horse stable supplies market size is poised to reach a valuation of US$ 1.5 Bn in 2022. Sales of horse stable supplies are projected to increase at 6.0% CAGR in the forecast period from 2022 to 2032. The market is expected to reach US$ 2.7 Bn by 2032.

The global horse stable supplies market is projected to grow at a steady pace with the entry of new competitors. Increasing investments in research and development activities to discover new products to cater to the high customer demand are also expected to drive the market.

Trends like humanization of pets and recreational equestrianism are expected to be some of the other key drivers in the forecast period. Reintroduction of horses as pets among private, high-net-worth individuals has given rise to a new customer base in the horse stable supplies market.

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Key Takeaways: Horse Stable Supplies Market

The China horse stable supplies market is expected to rise at a CAGR of 6% during the forecast period from 2022 to 2032.
The U.S. horse stable supplies market is expected to grow at a CAGR of 3% in the forecast period from 2022 to 2032.
The U.K. is anticipated to dominate the North America horse stable supplies market by exhibiting a CAGR of 2% in the evaluation period.
By product type, the disinfectants and deodorizers category is set to generate nearly 21.1% of the global horse stable supplies market share by 2032.
Based on sales channel, the specialty stores segment is projected to generate lion’s share in the horse stable supplies market by the end of 2032.

“Increasing participation of people living in low- and middle-income countries in equestrian sports is expected to bode well for the global horse stable supplies market during the forecast period,” says a FMI analyst.

Competitive Landscape: Horse Stable Supplies Market

Industry leaders have maintained their positions in the global horse stable supplies market by constantly innovating their existing product line-ups. They are also aiming to provide customers with cutting-edge products that would fulfill their specific needs.

Besides, the global market is set to witness the entry of new companies with rising horse adoption among high-net-worth individuals worldwide.

Key players in the global horse stable supplies market are Burlingham Sports, Manna Pro, AHC Products Inc., Saratoga Horseworks Ltd., Kensington Protective, Little Giant, TuffRider, HorZe, Mountain Horse, Partrade, Tough-1, Farnam Companies, Inc., Martin Saddlery, Gatsby Ltd., K&H Pet, Farm Innovators Co., and Back On Track among others.

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Horse Stable Supplies Market Outlook by Category

By Product Type:

Cleaning Supplies
Disinfectant and Deodorizers
Feeding Tools
Horse Accessories
Others

By End User:

Private
Commercial

By Price Range:

Economic
Median
Premium

By Sales Channel:

Specialty Stores
Supermarkets
Direct Sales
Online Retailers
Retail Stores
Other Channels

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

Water Dispenser Market Worth USD 6.34 billion by 2032 | Future Market Insights, Inc.

The water dispenser market is anticipated to expand at a CAGR of 8.9% from USD 2.70 billion in 2022 to USD 6.34 billion by 2032. The demand for water dispensers, as well as the water dispenser market key trends and opportunities, are influenced by factors like portability, ease of use and installation, and low maintenance costs.

Strong sources are needed to supply the growing demand for clean drinking water in many areas where there is a drinking water shortage, which boosts sales of water dispensers and the water dispenser market growth along with water dispenser market future trends.

The distribution of infrared sensors is rapidly gaining ground and driving the water dispenser market adoption trends as direct human contact between people declines. The water dispenser market has favored versions that are both practical and affordable in recent years, according to predictions. Ecommerce platform vendors are working hard to develop fresh strategies for increasing sales of water dispensers and meeting demand for water dispensers.

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The water dispensers market is restricted by two main factors, including frequent component replacement and escalating costs, particularly during the summer, in addition to experiencing unheard-of water dispenser market growth. Two factors are limiting the water dispenser market adoption trends.

The water dispenser market size expansion during the busiest summer months may be hindered by frequent product components and higher costs. These elements are anticipated to limit water dispenser market growth as well as water dispenser market trends.

Key Takeaways:

More than 70% of the water dispenser market was made up of bottled goods, and it is anticipated that the water dispenser market trend and forecasts will continue.
Through 2032, the bottleless product category of the water dispenser market is anticipated to grow at the fastest rate, 9.9%.
The majority of the water dispenser market was dominated by the commercial application segment.
The segment that will grow the fastest is predicted to be the industrial application.
The commercial application segment’s hospitality sector is projected to grow at the highest CAGR, 9.9%.
With a 42.60% water dispenser share, the retail store sector had the largest water dispenser share.
Through 2032, Asia Pacific is anticipated to have the highest CAGR of 11.0% for the water dispenser size.
India is anticipated to grow at a healthy CAGR in the water dispenser market.

Competitive Landscape:
New market research report on water dispenser says that Whirlpool Corporation; Primo Water Corporation (formerly, Cott Corporation); Honeywell International Inc.; Culligan International Company; Clover Co. Ltd; Waterlogic Holdings Limited; Midea Group Co. Ltd; A.O. Smith Corporation; Edgar’s Water are among the legacy players vendors.

The research offers a comprehensive competition analysis of these top competitors in the water dispenser market, including water dispenser market growth, water dispenser market share, water dispenser market key trends and opportunities and important water dispenser market statistics.

Recent Development In The Water Dispenser:
Acquisition:

Four reputable institutional investors — British Columbia Investment Management Corporation (BCI), Neuberger Berman, StepStone, and Skandia — have acquired a sizeable minority stake in Waterlogic Holdings Limited, the company announced in April 2020. With the help of the capital obtained from this acquisition, the business was able to expand more quickly and take the lead globally in the quickly expanding market for bottle-free workplace hydration.

Product Launch:

Aquaverve announced in September 2020 that its touchless water cooler line would be available. The Oceanik Touchless Bottleless Cooler and the Pacifik Touchless Bottleless Cooler are two models of touchless water coolers that they created. The Pacifik model can be ordered both with and without a bottle.

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Key Players:

Whirlpool Corporation
Primo Water Corporation (formerly, Cott Corporation)
Honeywell International Inc.
Culligan International Company
Clover Co. Ltd.
Waterlogic Holdings Limited
Midea Group Co. Ltd.
A.O. Smith Corporation
Edgar’s Water

Key Segments

By Product Type:

Bottled
Bottle-less

By Application:

Residential
Commercial
Industrial

By End-Use:

Commercial
- Hospitality
- Transport Terminal
- Institutions
- Corporate Offices
- Others
Industrial
- Food & Beverages
- Healthcare
- Others

Fragmented:

Culligan International Company
Clover Co. Ltd.
Waterlogic Holdings Limited
Midea Group Co. Ltd.
A.O. Smith Corporation
Edgar’s Water

Consolidated:

Whirlpool Corporation
Primo Water Corporation (formerly, Cott Corporation)
Honeywell International Inc.

Baby Crib Sheet Market – This is How Leading Companies Are Dominating the Global Market

The baby crib sheet market is expected to expand its roots at a moderate CAGR of 4% during the forecast period. The global market holds an estimate revenue of US$ 6.08 Bn in 2022 and is likely to cross US$ 8.65 Bn by the end of 2032.

The majority of baby crib sheets are made of cotton, however with the growing demand for organic items or materials, manufacturers have the potential to offer organic baby crib sheets. The most important market for infant crib sheets is North America. Furthermore, developing regions such as China and India are expected to grow at a reasonable rate over the predicted period.

Baby Crib Sheet Market: Market Dynamics

Rising concern of quality sleep and increasing consumer buying power drives the baby crib sheet market. Continuous rise in the world economy has equipped the world population with greater buying capacity.

Rising disposable income and growing concern for baby care products boost the baby crib sheet market. Growing demand for organic products is new in market. In this way, the baby crib sheet market is also experiencing same type of demand for organic crib sheets for babies. Parents prefer sheets made from organic material rather than cotton sheets as it is considered more eco-friendly and safer option for babies.

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Recent Developments

The baby crib sheets are generally made of cotton, however there is a growing trend for organic crib baby sheet. Manufacturer are shifted their focus from cotton baby crib sheet to organic baby crib sheet however industry is still coming up with cotton baby crib sheets with an aim of providing ultimate cozy comfort to babies.

For instance, Brooklinen, is an online bedding startup which launched a cotton baby crib sheets made by high-quality cotton, bamboo, and alpaca wool that is comfortable for babies from aged zero to few years old.

Baby Crib Sheet Market: Regional Outlook

In terms of geography, the baby crib sheet market can be segmented into North America, Latin America, Europe, South Asia, East Asia, Middle East & Africa, and Oceania. North America and Europe holds a significant market share due to high demand for crib sheet. The baby crib sheet market is expected to register a healthy growth across all the geographies during the forecast period owing to rise in number of daycare centers globally, increasing awareness on baby care products are likely to push the sales of baby crib sheet. Emerging countries, such as China and India are the key markets with immense opportunity for baby crib sheet.

The baby crib sheet market is driven by a big population, working parents, and rising per capita spending on newborn hygiene items. Because of the large number of manufacturers, the regular launch of baby care products, and the high adoption rate for baby care items, North America dominates the baby crib sheet market.

Additionally, other developing regions such as East Asia and South Asia are projected to showcase steady growth in the global baby crib sheet market due to the rise in disposable income, growth in hospitals and growing concern for baby care products.

Baby Crib Sheet Market: Key Players

Some of the key players operating in the global baby crib sheet market are Mee Mee, Carter’s, Naturalmat, Visagar Polytex, The Pipal, Burt’s Bees Baby, Liz and Roo, BreathableBaby, Prince Lionheart, Aden Anais and others.

The research report presents a comprehensive assessment of the Baby Crib Sheet market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for Baby Crib Sheet market. The research report of Baby Crib Sheet provides analysis and information according to market segments such as geographies, product type, price, and application

market footprint

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The Baby Crib Sheet market report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

The Baby Crib Sheet regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
East Asia (China, Japan, South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Baby Crib Sheet 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 for Baby Crib Sheet provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Baby Crib Sheet market report also maps the qualitative impact of various market factors on market segments and geographies.

Baby Crib Sheet Market: Market Segmentation

The baby crib sheet market is segmented into different parts based on the product type, price range, material type, application, and sales channel.

The Baby Crib Sheet Report Highlights: