Bamboo Products Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2032

The global bamboo products market is anticipated to total US$ 6.9 Bn in 2022. Growing emphasis on sustainability and plastic waste reduction across the globe is anticipated to drive the market at a healthy 6.1% CAGR, pushing the market size to US$ 12.4 Bn in 2032.

Demand for bamboos is expected to rise primarily due to rising demand from key end-use sectors such as paper & pulp, building & construction, textile, and wood. According to a new Future Market Insights (FMI) analysis,

Bamboo is a multi-purpose forest product that is important in both residential and industrial economies around the world. Due to its availability and versatility, bamboo and bamboo-based products are utilised for a wide range of interior and outdoor applications.

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Key Takeaways – Bamboos Market Study

The pulp & paper end-use industry segment in the global bamboos market is witnessing high growth, and is expected to follow the same trend over the forecast period owing to utilization of bamboo as a raw material in the production of paper & pulp.

Bamboo produces about 35% more oxygen as compared to other trees. Additionally, its biomass is an efficient and cheap fuel for power generating units. As a result of this, the power sector is focusing on bamboos as a source of fuel for power generation.

Asia Pacific (APAC) is expected to maintain its dominance in the global bamboos market throughout the forecast period in terms of volume as well as value. This can be mainly attributed to the growing construction industry in China and India, supported by surging infrastructural investments. APAC has more than half of the total bamboo species available in the world.

Thriving penetration of green building technologies is supporting the demand for bamboos due to utilization in construction of scaffolding. Moreover, there is a continuous demand for bamboo furniture, plywood, and outdoor decking in various countries.

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Who Is Winning the Bamboos Landscape?

The global bamboos market is fairly fragmented, with small- and medium-scale enterprises accounting for major market share in the global market. Some of the key market players included in the report are Moso International B.V., Bamboo Village Company Limited, and Shanghai Tenbro Bamboo Textile Co. Ltd.

New product launches and developments are some of the key strategies adopted by market players to retain their position in the global bamboos market. The companies are engaged in continuously participating in different events, conferences, tradeshows and seminars to market their newly launched products across the globe.

Bamboos Market – Regional Analysis

High growth in construction, pulp & paper, and furniture industries is expected to be a key driving factor for bamboos market growth. China is a large exporter of processed bamboo products such as bamboo plaiting, bamboo shoots, bamboo panels, wood charcoal of bamboo, etc., whereas countries such as the U.S., Canada, and other European countries where very small bamboo resources are available import bamboo products requirement from other bamboo-rich countries.

Know More About What the Report Covers

FMI, in its new research report offers an unbiased analysis of the global bamboos market, presenting historical demand data (2014-2021) and forecast statistics for the period 2022-2029. The study reveals insights on the bamboos market and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the bamboos market value chain.

Readers can also find key trends and market growth scenarios based on end-use industry and regions such as North America, Latin America, APAC, and Europe and Middle East & Africa (EMEA).

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Bamboo Products Market By Category

Product Type:

  • Lifestyle Products
  • Furniture
  • Home Décor Items
  • Kitchenware & Cutlery
  • Personal Accessories
  • Yarn & Textiles
  • Educational and Recreational Products

End-User:

  • Personal and Residential
  • Commercial
  • Industrial and Infrastructure

Sales Channel:

  • Online
  • Offline

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • Middle East & Africa

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About Future Market Insights, Inc.

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

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Horse Riding Equipment Market to Achieve A High CAGR of 4% During Forecast Period -2032

The Horse Riding Equipment market’s to register a CAGR of 4% during the forecast period of 2020 and 2030. The growth trend of the world market for horse riding equipment is shown. Untapped potential and market share held by several industrial categories are shown by the research. The study offers a thorough examination of the competitive environment, key development factors, and opportunities for the global horse riding equipment market.

The report contains significant numerical and figurative data. It explores the elements that influence growth in both mature and developing economies. It thoroughly examines the competitive situation in order to arm players with the knowledge they need to manoeuvre around any barriers.

Consumer goods have improved over the past ten years as digitalization has spread around the world. Companies are adapting their go-to-market strategies and capabilities in response to the shift in customer preference toward online markets.

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Industry players are adapting to the “digital era” and placing more and more dependence on internet platforms to draw in customers. Through a variety of digital channels, e-penetration commerce’s into the consumer goods market has brought about some very amazing transformations. The market report analysis provides in-depth perspectives on the situation as it stands.

Understanding the Impact of Covid-19 on Global Horse Riding Equipment Market

The current COVID-19 outbreak has had a negative impact on a number of sectors in the consumer goods sector. The market is anticipated to benefit from the industry’s use of artificial intelligence and big data science.

Consumers are engaging in social distance as a result of government regulations. As a result, businesses in the horse riding equipment sector had to adapt to a new standard of conducting business online. Furthermore, the supply chain interruptions and limitations on mobility have given the participants in the e-market tremendous development potential.

The FMI study includes a fascinating chapter on the initial effects of the COVID-19 on the market for horse riding equipment. This enables both established and up-and-coming essential firms to comprehend the market environment and support them in overcoming difficulties throughout the crisis.

Why Choose Future Market Insights

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Horse Riding Equipment Market: Segmentation

By Product

  • Helmets
  • Vests
  • Stirrups
  • Saddle
  • Halters
  • Bridles
  • Accessories
  • Others

By Price Range

  • Mass
  • Premium

 By Material Type

  •  Wooden
  • Metal
  • Plastic
  • Leather
  • Others

By Equipment Type

  • Equine Equipment
  • Rider Equipment

By Consumer Orientation

  • Male
  • Female
  • Kids

By End-user

  • Amateurs
  • Professionals

By Sales Channel

  • Hypermarket/Supermarket
  • Independent Sports Outlet
  • Sports Retail Chain
  • Franchised Sports Outlet
  • Direct-to-Customer Online Channel
  • Direct-to-Customer Institutional Channel
  • Modern Trade Channels
  • Third Party Online Channels

Key players covered in the report include:

  • Dainese
  • Georg Kieffer Sattlerwarenfabrik GmbH
  • Decathlon
  • Cavallo GmbH
  • Antares Sellier
  • Fabtron Inc.
  • Mountain Horse
  • HKM Sports Equipment.

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About Future Market Insights, Inc.

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

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China Emerges as the Leading Market for Aircraft Ground Support Equipment – Future Market Insights, Inc

Civil aviation is one of the most rapidly growing industries in China. Owing to increasing sales of aircraft along with rising passenger numbers, the country is expected to be an opportunistic market for Aircraft ground support equipment. China dominates the ground support equipment market in the Asia Pacific, opines Future Market Insights. This can be attributed to the increase in warehouse operations at airports along with the highly developed aviation industry.

According to the Civil Aviation Administration of China, passenger volume showcased a 74.9% year-on-year increase in 2021. As Per to Future Market Insights (FMI’s) most recent analysis, the market for aircraft ground support equipment will grow at a 6.5 percent CAGR between 2021 and 2031. By the end of 2021, the market is expected to be worth US$ 9.7 billion.

A further prediction made by FMI is that the sales of ground support equipment for airports will surpass 27,000 units by the end of 2031 as a result of the growing global passenger traffic. With a CAGR of 6%, North America will continue to dominate the market for aircraft ground support equipment worldwide.

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Because of the COVID-19 outbreak, cargo operations increased significantly as the demand for timely transportation of medicines and vaccines increased. The rising demand for refurbished ground support equipment will boost the global market’s growth prospects even further.

With the global expansion of the aviation and tourism industries, the ground support equipment market is expected to reach US$ 9.7 billion by 2021.

“Innovations in ground support equipment and availability of ground support equipment rentals will create lucrative growth opportunities for the aircraft GSE manufacturers in the future” says the FMI analyst.

Key Takeaways from FMI’s Aircraft Ground Support Equipment Market Study

  • North America dominates the ground support equipment market as a result of well-established aviation industry. The regional market is set to register steady growth at 6% CAGR between 2021 and 2031.
  • Increasing investments in aviation industry will help China to maintain its dominance over the ground support equipment market during the forecast period.
  • The market in India is expected to offer lucrative growth opportunities to aircraft GSE manufacturers.
  • In terms of power, electric segment is expected to remain dominant owing to the increasing demand for sustainability and green aircraft GSE.
  • By equipment type, the aircraft service segment is expected to remain dominant in the aircraft ground support equipment market, followed by cargo loading and passenger services.

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Competitive Landscape

Key players operating in the aircraft ground support equipment market are focusing on expanding their business through contracts with airlines across different regions. They are also adopting various organic and inorganic growth strategies such as mergers and acquisitions, advanced product development and collaborations to gain a competitive edge in the market.

In August 2021, Thales partnered with Dragonair Airport GSE service Ltd. to provide an advanced Instrument Landing System (ILS) solution in fully supporting the three-runway system (3RS) expansion project at the Hong Kong International Airport (HKIA). This will enable to further improve the capacity and efficiency of aircraft landing while maintaining the highest standard of flight safety.

In 2019, JBT Corporation announced that it has signed an agreement to acquire Lektro, Inc., a privately held manufacturer of electric aviation ground support equipment based in Warrenton, Oregon.

About Future Market Insights (FMI)

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

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Dredging Market’s Demand Is Predicted To Grow At A CAGR Of 3.7 Percent, Reaching A Value Of Us$ 22.3 Bn By 2032 – Future Market Insights, Inc

In 2022, the market for dredging is projected to be worth US$15.6 billion. The dredging market’s demand is predicted to grow at a CAGR of 3.7 percent, reaching a value of US$ 22.3 Bn by 2032, according to the report. For various activities like coastal protection, trade activities, and mining projects, the government segment currently holds a more than 40% share of the market for the use of dredging services.

A rise in mining and trade activity is expected to give East Asia a commanding share of the global dredging market of 29.6%.

The global dredging market is predicted to grow at a CAGR of 3.7%, reaching a valuation of more than US$ 22.3 billion by 2032. The dredging market is anticipated to benefit from rising demand for gulf coast restoration activities. Dredging service providers are adopting dredger monitoring systems and upgradation of their equipment to increase efficiency and productivity.

Rising government investments in dredging activities in emerging economies will create opportunities for growth in the market in the forthcoming years. Various developing and developed countries’ governments are investing in harbours, channels, and waterways that are dredged in a timely and cost-effective manner to meet environmental protection, restoration, and enhancement goals.

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Further, an increase in trade activity, urban development projects and coastal protection activities are driving the demand for dredging services globally. Manufacturers are introducing new and innovative service methods with maintaining the regulation for emission control.

Due to the upgradation of equipment, dredging activities are now being used for accessing high-quality mineral reserves that are economically inaccessible through conventional mining.

Companies providing dredging services for the development of ports and dockyards are extending their portfolio by including suction dredging for rivers and smaller waterways. Such developments are anticipated to bode well for the growth in the market over the forecast period.

“Technology upgradation in dredging service driven by the adoption of dredger monitoring systems and upgradation of equipment to increase efficiency and productivity will continue driving sales in the market growth over the forecast period,” says an FMI analyst. 

Key Takeaways:

  • By customer type, the government segment is projected to hold 43.6% of the total market share in 2022.
  • Based on application, the energy infrastructure segment is expected to grow Y-o-Y by 4.6% in 2022.
  • Demand in the U.S. dredging market is forecast to increase at a 2.1% CAGR, reaching a valuation of US$ 1.5 Bn by 2032.
  • India will emerge as a lucrative pocket, with sales growing at a 3.4% CAGR through 2032.
  • Total sales in the China market will hold 25% of the East Asia dredging market share in 2022.
  • By 2032, East Asia is expected to account for a dominant share of 32.9% of the global dredging market.

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Competitive Landscape 

The global dredging market is significantly consolidated among Tier I, Tier II, and Tier III players. The leading players in the market account for 50 to 55% share in the market on a value basis.

Biggest dredging companies in the world are China Communications Construction Company Limited, Royal Boskalis Westminster N.V, Dredging, Environmental and Marine Engineering NV (DEME), Van Oord, Great Lakes Dredge & Dock Corporation, Royal IHC, National Marine Dredging Company and others.

Key Segments Covered in Dredging Market Analysis

Customer Type:

  • Government
  • O&G Companies
  • Mining Companies
  • Renewables
  • Others

Application:

  • Trade Activity
  • Trade Maintenance
  • Energy Infrastructure
  • Urban Development
  • Coastal Protection
  • Leisure

Region:                        

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

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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Rising Adoption of Automation Across Oil & Gas Companies Fueling Market Growth in the U.S. – Future Market Insights, Inc

The size of the global oil and gas terminal automation market was estimated at US$ 1258.0 Mn in 2021 and is predicted to reach US$ 1303.1 Mn in 2022. The overall demand for oil & gas terminal automation is also anticipated to increase at a 7.8% CAGR between 2022 and 2032, reaching a value of roughly US$ 2761.6 Mn by 2032 as a result of the oil and gas industry’s rapid expansion.

End users are looking for ways to increase their productivity and efficiency while still meeting customer demands as the number of terminal operations increases globally. This has increased awareness of the oil and gas terminal automation market.

Automation of oil and gas terminal processes, particularly those involving load authorization, product movement, product measurement, documentation, and reporting, involves the use of technology and systems. These solutions assist businesses in lowering costs while increasing productivity, efficiency, and safety.

During the forecast period, the oil & gas terminal automation market is anticipated to experience strong growth due to the rising demand for energy around the world and rising investments in terminal automation solutions.

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Growing concerns pertaining to cyber security and safety coupled with relatively higher initial capital investment associated with building a completely automated oil and gas terminal are likely to serve as impediments to growth of the global oil and gas terminal automation market between 2016 and 2026.

Segmentation highlights

The global oil and gas terminal automation market has been categorically divided into key market segments based on category and region. On the basis of category, the market has been segmented into software, hardware, and services segments. These in turn are divided into key sub-segments.

  • The Software category segment is projected to dominate the global oil and gas terminal automation market during the forecast period, accounting for a market share of nearly 38% in terms of value by the end of 2026. On the other hand, the hardware segment is estimated to witness a 7.0% CAGR during the forecast period to account for a market share of 33.7% in the overall oil and gas terminal automation market by 2026 end. Within the hardware segment, the HMI segment is likely to witness fast growth during 2016 –-2026.

Regional projections

The North America and Asia Pacific excluding Japan (APEJ) markets are anticipated to emerge the dominant regional markets in the global oil and gas terminal automation market throughout the assessed period. Asia Pacific is estimated to project 8.8% CAGR in the forecast period, 2016–2026. The oil and gas terminal automation market in countries in Eastern Europe is also likely to witness steady growth in the next 10 years.

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Vendor insights

The global oil and gas terminal automation market is dominated by a few top market companies such as Honeywell International Inc., Emerson Electric Co., ABB Group, Rockwell Automation, Inc., Yokogawa Electric Corporation, Siemens AG, FMC Technologies, Inc., and Schneider Electric SE. Certain key market companies are increasingly focussing on acquiring smaller players with specialised offerings – for instance, wireless technology-based advanced systems – to better cater to the steadily growing global market demands so as to gain an edge over the competition.

Key Trends Driving the Oil & Gas Terminal Automation Market

“Rising Focus Towards Storage of Oil Creating Opportunities for the Market Participants”

Relatively slower economic growth especially in oil-consuming nations such as China, and the crude oil supply glut experienced over the recent past have driven the global average crude oil prices southwards over the same period. The initial phase of the forecast period is thus expected to be characterized by a contango situation resulting in an increased emphasis on the storage of oil across the globe. This will continue to generate lucrative opportunities for oil & gas terminal automation solution providers.

Moreover, increasing demand for natural gas, especially liquefied natural gas is expected to result in the emergence of several new terminals in North America and the Asia Pacific, among other regions

Pet Insurance Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032

The global pet insurance market size is anticipated to reach US$ 38.8 Bn. By the end of 2030, A report by Future Industry Insights (FMI) predicts that the market will grow steadily between 2022 and 2030 at a CAGR of 11%.

The paper claims that the growing number of pet owners, more knowledge of pet insurance, and related health advantages of pet ownership will fuel market expansion.

The research provides a thorough analysis of the industry, highlighting the major trends, opportunities, and development drivers. It offers the most precise analysis of the market via the use of original research techniques.

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It includes in-depth insights into the pet insurance market.

Some of these are:

  • The estimated value of the market at US$ 7.8 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America dominates the pet insurance market globally.
  • Latin America emerges as one of key markets owing to high pet ownership in the region.
  • Dogs and Cats segment hold the highest value share in pet insurance market.
  • ‘Accident & illness’ coverage option comes out as the most preferred type of pet insurance among pet owners
  • Key players are likely to focus on new service offerings to stay relevant in developed markets.

Growth in Pet ownership and Selling Techniques of Companies to Create Opportunity for Expansion
Rise in number of companion animals, increase in awareness about pet insurance, growth in pet ownership propels the growth of the pet insurance market. The Pet health insurers offer different plan options or tiers with varying policy limits which also attracts pet owners towards pet insurance.

However, high cost of pet insurance policies, lack of awareness among consumers, and government regulation limits the growth of the market. Marketing strategies adopted the insurance companies include online marketing, veterinary clinics, pet stores, shelters and animal support and rescue organizations or word of mouth referrals which also fuel the pet insurance market for further growth. Furthermore, largely untapped market with extremely low penetration rates is expected to provide numerous opportunities for the pet insurance market.

Accident & Illness Policy Coverage Fuels Demand for Pet Insurance
Pet insurance which is becoming a norm of most of the developed countries. Pet insurance market is gaining traction by the accident & illness insurance policy as it provides both accident and illness coverage. Rapidly increasing consumer’s awareness on pet’s diseases, rising veterinary costs and marketing efforts of industry operators have caused consumer acceptance in the pet insurance market.

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Who is winning?
Some of the leading players operating in the pet insurance market are Figo Pet Insurance LLC., Embrace Pet Insurance Agency LLC, Hartville Group, Health for Pet, Hollard, Oneplan, Petfirst Healthcare LLC, Protectaplan, Petplan Limited, Trupanion, Inc., Nationwide Mutual Insurance Company., Anicom Holdings Inc, Pethealth Inc., Royal & Sun Alliance Insurance Company of Canada, Inc., Direct Line Insurance Group plc, Pet secure, Healthy Paws, 24PetWatch etc.

As a result of increasing competition, companies are focusing on expanding their product portfolio. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

  • In March 2019, CareCredit, LLC, a healthcare financing company of Synchrony Financial, had acquired a Idaho based pet insurance company Pets Bestto to expand its current product/service offering
  • In Dec 2019, MetLife Inc. had acquired Jeffersonville-based company PetFirst to enter into pet insurance market

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Key Segments of Pet Insurance Industry Survey
Pet Insurance Market by Policy Type:

  • Accident
  • Accident & Illness
  • Embedded Wellness

Pet Insurance Market by End User:

  • Pet Insurance for Dogs
  • Pet Insurance for Cats
  • Pet Insurance for Horses
  • Pet Insurance for Exotic Pets
  • Others

Pet Insurance Market by Region:

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

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About Future Market Insights, Inc.

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

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

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

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

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

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Key Takeaways from the Cosmeceutical Ingredients Market Study

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

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

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Who is winning?

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

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

Cosmeceutical Ingredients Market Taxonomy

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

By Ingredient Type

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

By Source

  • Natural
  • Synthetic

By Form

  • Powder
  • Liquid

By Application

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

By Region

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

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

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

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

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

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

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

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

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

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

Who is winning?

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

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

U.K. Pet Grooming Market by Category

By Product Type:

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

By Price Range:

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

By Pet Type:

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

By Sales Channel:

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

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

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

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

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

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

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

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

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

Bed Sheets Market – Key Trends

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

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

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

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

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

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

Bed Sheets Market – Growth Restraints

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

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

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

COVID-19 Impact on Bed Sheets Market

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

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

Bed Sheets Market – Region-wise Analysis

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

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

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

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

Bed Sheets Market – Competitive Analysis

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

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

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

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

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

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

Bed Sheets Market – Segment Analysis

By Materials

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

By Size

  • Single
  • Double
  • Queen
  • King

By Pattern

  • Floral
  • Abstract
  • Geometric
  • Striped

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

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Future Market Insights Inc.
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T: +1-845-579-5705
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Switchgear Market : Notable Developments & Geographical Outlook 2022 to 2032

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

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

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

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

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

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

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Key Segments

By Component Type:

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

By Voltage Type:

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

By Construction Type:

  • Outdoor
  • Indoor
  • Others

By Insulation Type:

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

By End User:

  • T&D Utilities
  • Commercial
  • Industrial
  • Residential

By Region:

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

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About Us

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

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