Market Research Blog – Page 9789 – New Product Development

Patio Umbrella Market is likely to advance at 5.8% CAGR During Forecaste Period 2022-2032

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

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

What is Driving Demand for Patio Umbrella?

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

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

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

Factors that Likely to Augment Patio Umbrella Sales

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

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

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

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

Impact of COVID-19 on Patio Umbrella Market

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

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

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

Who are the Key Manufacturers and Suppliers of Patio Umbrella?

Some of the leading manufacturers and suppliers of beachside brolly include

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

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Why Future Market Insights?

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

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

Key Segments Profiled in the Patio Umbrella Market Survey

By Product Type:

Centre Pole Umbrellas
Offset Pole Umbrellas
Table Umbrellas
Tilting Umbrellas

By Size:

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

By Canopy Material:

Polyester
Canvas
Others

By Base Type:

Wood
Metal
Plastic
Other

By End Use:

Commercial
Personal

By Distribution Channel:

Direct Sales
Hypermarkets/ Supermarkets
Specialty Stores
Online Retailing
Others

By Region:

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

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Wall Covering Products Market to Be Worth US$ 50.8 Billion by 2032, Get Insights FMI

The wall covering products market size is anticipated to increase from US$ 31.3 billion in 2021 to US$ 50.8 billion in 2032. Wall Covering Products Market is anticipated to experience a 4.5% CAGR throughout the predicted period

The wall covering products market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the demand for wall covering products making it more accessible to customers in the global wall covering products market.

Impact of COVID 19

With the recent outbreak of COVID 19, the wall covering market is expected to decline due to decrease in advertising across the various part of the world. Moreover, various government are enforcing lockdown of the cities and towns in the country which will also impact the market due to supply chain disruption and closure of many distribution channels.

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The increasing disposable income and a rapid growth in urbanization have been significantly driving the transformation of human social roots on a global scale, by predominantly replacing rural culture which has resulted in the increased usage of wall coverings, along with other modern products.
Residential constructions account for a substantial market share in the wallpaper market and are expected to witness a significant growth rate. The employment opportunities and population growth are fundamental drivers of rising demand for new housing as sustained population growth across the world has led to increased demand for wall dwellings, including apartments.
Moreover, with the advent of graphic designing, along with new reproduction capabilities, wallpaper is set to become the next big disrupter in the world of design and décor. Recently, some of the regions of emerging economies of Europe witnessed a considerable rise in the demand for textile wall coverings, owing to which, there has been an increase in the number of imports of textile coverings.
Nevertheless, the development of products, such as wallpaper borders, custom wallpaper, and textured wallpaper, is expected to renew the stagnant product category. Also, with advances in wallpaper technology, which make these products easier to apply and remove, are expected to expand sales opportunities, thereby, fuelling the market growth.

Scope of the Report

Wall covering protects the wall surface from accidental marks or scratches, besides imparting an air of quality and grandeur to uncovered walls. They further help in neutralizing the interior and customizing it with the help of various colors and patterns.

Also, these coverings are cost-effective. The two common areas of applications of wall coverings include residential and commercial. Residential wall coverings are mainly used in homes and in small businesses to add attractiveness to rooms and to express an individual style. The market is segmented by product type, application, distribution types across various geographies.

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Wall Panel is Expected to Register a Significant Growth

Panels include wooden panels and laminates, which are used for covering walls effectively, while also providing protection from the external environment. The usage of wall panels can reduce the construction costs significantly by providing a consistent appearance to the paneled surface without the requirement of application of paint or some other finishing material.
Advancements in the market have been in the form of insulated wall panels, which provide superior and uniform insulation, in comparison with more common methods of house construction.
The adoption of panels results in an enhanced aesthetic appeal. The wall covers with fewer joints also offer several practical gains, as they are easier to install than separate single tiles and considerable time can be saved during the renovation process.
Moreover, wall panels are increasingly popular as an alternative to ceramic tiling in both kitchens and bathrooms. It was once known as the low-end product used mainly in social housing and large scale public sector projects.

North America is Expected to Hold Significant Market Share

In the United States, for instance, the public residential building’s construction spending rose from USD 5.07 billion in 2014 to USD 6.55 billion in 2019, according to the United States Census Bureau.
With this, huge investments were made in home décor and home improvements, in the United States, which propelled the wall covering the market in the country. The similar trend of rising residential constructions, owing to the increasing population across the world, is expected to drive the demand for wall coverings.

Competitive Landscape

ADFORS, Architonic, A.S. Création Group, Brewster Home Fashion, Asian Paints Limited (APL), Marazzi Group, Walker Greenbank PLC, Benjamin Moore & Co., Ahlstrom-Munksjö Oyj, Nippon Paint Holdings Co. Ltd, J. Josephson Inc., and Grandeco Wallfashion Group

The wall covering the market is quite fragmented and consists of several players. The companies in the market tend to partner with international designers to make the wall coverings aesthetically pleasant to the eye, and manage to incorporated latest designs and punchy colors and to perfectly enhance the home interiors, shops, hotels, cafés, and restaurants, as well as exhibition stands and public buildings.

Key Segments For Wall Covering Products Market

By Type:

Tiles
Fabric coverings
Wallpapers
Paints
Wood coverings

By Application:

Residential
Commercial

By Distribution Channel:

Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Independent Stores
Online Store
Others

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

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Coffee Bean Grind Machine Market is Expected to Secure US$ 365.4 Mn in 2022 | FMI

The global coffee bean grind machine market is expected to secure US$ 365.4 Million in 2022. The market is likely to expand at a CAGR of 8.7% during the forecast period of 2022-2032 while procuring revenue worth US$ 678.6 Million.

The active use of the Internet has guided consumers’ confidence in e-Commerce websites and online sites, where coffee bean grinders of various configurations are available at affordable prices. The growing demand for fresh coffee experiences has also been noted to boost sales of coffee bean grinders. As a result, coffee bean grinders market is set to witness a CAGR of 8.1%- 8.9% during 2021-2031.

What is Driving Demand for Coffee Bean Grinders Market?

Coffee bean grinders are gaining traction among coffee lovers due to the importance of enhancing its taste attributes. The demand for coffee bean grinders of various sizes and shapes remain influenced by requirements of the target audience or application making use of it.

In addition, manufacturers are offering different types of coffee bean grinders due to the increasing demand for personalized products based on its usage in different parts of the world. The increasing penetration of coffee bean grinders in the residential segment along with cafes and restaurants is expected to achieve tremendous growth in the market during the forecast period.

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New Features Complementing the Coffee Bean Grinders Market Sales

Manufacturers of coffee bean grinder machines strive to integrate new features and improved solutions for better customer satisfactory experiences and indulgence. The growing consumer trend for programmable coffee bean grinder machines is one of the major trends in the coffee bean grinders’ market space. Fast-running times with less inconvenience have triggered a huge shift towards electronic coffee bean grinders.

In addition, the coffee bean grinder industry is investing heavily in research and development activities to improve the automation features in super automatic coffee bean grinders to increase their convenience among coffee addicts.

US and Canada Coffee Bean Grinders Market Outlook

In the U.S, the coffee bean grinders market is booming over the past few years and is expected to rise owing to increasing urbanization and establishment of IT parks at the rapid pace which is expected to boost consumption of coffee beverages and hence coffee bean grinders.

Moreover, rising number of coffee outlets and cafes offer strong growth potential in the commercial sector. This is expected to create opportunities for the coffee bean grinders market.

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In addition, the rapid growth of the e-commerce industry in the region creates lucrative market opportunities for producers to enter the market to gain a competitive market share, thus leading to product demand.

Europe Demand Outlook for Coffee Bean Grinders Market

Europe is expected to be the dominant region in the global coffee bean grinder market as manufacturers are focusing exclusively on offering energy efficient products. European regulations designed for home appliances are focusing on reducing GHG (greenhouse gas) emissions and power consumption.

The increase in domestic and international tourism and the expansion of restaurants and food service centers in different countries in the European region are expected to increase the demand for coffee bean grinders. Further, due to the continuous development of coffee culture around the world, vendors are offering a wide variety of coffee, thereby purchasing the best technology in their machines, which is expected to create market opportunities for coffee bean grinder’s manufacturers in the European market.

Who are the Key Manufacturers of Coffee Bean Grinders Market?

Some of the leading manufacturers of Coffee Bean Grinders Market include

KitchenAid
Baratza
Capresso
BLACK+DECKER
Hamilton Beach
KRUPS
Gourmia, Inc.
Quiseen
JavaPresse Coffee Company
Capresso, Cuisinart
Baratza
Bodum

Coffee Bean Grinders Market Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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Key SegmentsBy Product Type:

Electric Burr Grinders
Electric Blade Grinders
Manual Grinders
Other Product Types

By Machine Type:

Fully Automatic Coffee Bean grinder
Super Automatic Coffee Bean grinder
Semi-Automatic Coffee Bean grinder

By End-Use Industry:

Commercial
- Hotel
- Restaurant
- Café
- Institutional
Residential

By Sales Channel:

Hypermarkets/Supermarkets
Independent Stores
Specialty Stores
Multi-brand Stores
Online Retailers
Direct Sales
Other Sales Channel

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa

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Refrigerator Water Filter Market to Cross US$ 1.99 Bn by 2032, Says Future Market Insights, Inc.

The refrigerator water filter market size is projected to reach a valuation of US$ 1.11 Billion in 2022, likely to surge at a vigorous 6% CAGR from 2022 – 2032. The Refrigerator Water Filter market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Refrigerator Water Filter market.

The global kitchenware appliances market is being growing due to surge in the professional steward consumer segment globally. It includes Water Purifiers, Microwave Oven, Refrigerator, Induction Hob, and Dishwasher. Water purifiers are one of most essential home appliances in every house and it consumes more energy compared to other kitchen appliances and hence, energy-efficiency has become the most important factor considered by consumers while making the purchase decision.

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Refrigerator water filters are witnessing growth due to increased demand for water and wastewater treatment from industries such as chemical and petrochemicals, pharmaceuticals and food & beverages.

Global Refrigerator Water Filter Market: Reasons for covering this Title

Water is one of the most important part of human life and due to health conscious reasons among consumers these days, it has become very important for the people to select the best water filter. Refrigerator is one of the most important appliance for kitchen these days and due to the reason of not to use plastic bottles, consumers are moving towards the filters which are compact and fit in less space and does not require extra space in the kitchen. Water purification and going green are most important things these days in the minds of people

Global Refrigerator Water Filter Market: Key Players

Some of the key players operating in the global Refrigerator Water Filter market are Swift Green Filters, HDX, EveryDrop, LG Electronics, Samsung, Whirlpool, Frigidaire, GE, HYDRONIX, EZ-FLO, Electrolux, EcoPure, Viking, Kenmore, Kitchenaid among others.

Refrigerator Water Filter Market: Key Trends

The desire to “Go Green” is one of the trend for the Use of Refrigerator Filters Instead of Bottled Water and concerns include the environmental impact of the manufacturing, transportation, as well as the impact on landfill of discarded plastic bottle

Trend of home improvement and modular kitchen is one of the reason for fostering sales of the refrigerator water filters

Refrigerator Water Filter Market: Key Developments

The ongoing indigenous research and development is now focusing on decreasing the water wastage to zero, while simultaneously eliminating the need of electricity in the process

Opportunities for Refrigerator Water Filter Market Participants

In the coming years, there is an increase in demand for refrigerator water filters in the regions like North America and Europe which is expected to drive the market for more advanced refrigerator water filters. However, there is increase in personal healthcare, intense competition, launches of new products, rise in spends on water quality, retrofitting and renovation of old technology, will drive the market of refrigerator water filters market globally.  Media coverage on drinking water contamination events and related outbreaks drives market growth and creates opportunity for the market participants to come up with new technologies

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Brief Approach to Research for Refrigerator Water Filter Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, formats, and application of segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Refrigerator Water Filter Market sizes.

Global Refrigerator Water Filter Market: Market Segmentation

On the basis of types, the global Refrigerator Water Filter Market has been segmented as –

Carbon Block Refrigerator Water Filters
Granular Activated Carbon (GAC) Refrigerator Water Filters
Reverse Osmosis (RO) Refrigerator Water Filters

On the basis of application, the global Refrigerator Water Filter Market has been segmented as –

Residential
Commercial

On the basis of the distribution channel, the global Refrigerator Water Filter Market has been segmented as –

Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Independent Stores
Online Store
Others

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Cowboy Boots Market Size is Anticipated to be Valued at About US$ 462.8 Million by 2032 | FMI

The global cowboy boots market is set to witness an impressive growth rate of 6.9% over the forecasted years of 2022 to 2032. The cowboy boots market size is anticipated to reach a valuation of around US$ 462.8 Million by the end of year 2032 by increasing from the current valuation of US$ 237.5 Million in 2022.

Current fashion preferences among young people worldwide as Western culture becomes more prevalent can be regarded as the major factor for the acceptance of cowboy boots as a trending product. With the development of telecommunication and transportation technologies, cultural barriers are rapidly dissolving, and supply of cowboy boots are already witnessed all over the world.

Demand for cowboy boots has increased as a result of an increase in specialized and franchised shoe stores, as well as partnerships between shoe manufacturers and other retail chains. In the upcoming years, the cowboy boots sector is expected to benefit from a variety of rising trends in a number of different regions other than USA. The global cowboy boots market may also be impacted by product developments made by new market participants, such as alligator boots that is a redesign of an existing model.

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Rising income and the shift in general fashion sense of youths is also regarded to be one of the prominent factors for the development of cowboy boots market in Asia Pacific and Eastern European countries.

Key Takeaways from Cowboy Boots Market Study

The overall growth of the global cowboy boots market is estimated to be around US$ 225 Million over the forecast decade covering the years 2022 to 2032, by following the average CAGR of 6.9%.
The year-on-year growth of the overall market during the years covering 2016 to 2021 was figured out to be slightly lower, that is 6.3%, than that is predicted for the coming years.
Western boots are the most attractive segment for the cowboy boots market players having a demand of up to 35% of the total.
According to the application, Women cowboy boots segment is growing at a faster rate than the men’s cowboy boots segment as per the new market research report.
North America captures the largest market share of the target market that is nearly 30% as per the cowboy boots market survey report released by FMI.
European region or countries together contributed for almost 13% of the overall market sales achieved in the year 2022.
Asia Pacific is the fastest growing market with respect to demand for cowboy boots by the younger generation.

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Competitive Landscape for the Cowboy Boots Market

Some of the well-known packaging market players are Ariat, Stetson, Wolverine, Rocky, Justin Boots, Laredo, Lucchese, Old Gringo, Roper, and Tony Lama among others.

Businesses dealing in cowboy boots also compete on a range of other factors, such as new product releases, pricing, materials selection, and promotional efforts, to gain a competitive edge over their rivals in the marketplace. Often, renowned cowboy boots market players use social media and online marketing to let customers know when new products are launched that helps them to gain much demand in a very short period of time. E-commerce websites have seen significant growth in past couple of years and is one of the favored channels for the cowboy boots market’s key participants in present time.

Recent Developments in the Global Cowboy Boots Market:

Givenchy, Céline, and sometimes even Chanel embraced the look for their fall/winter 2022 shoe ideas, pairing them with skirts, tweed suits, and embroidered items to lend the traditional cowboy boots a fresh look and new life in the global market.

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Global Cowboy Boots Market Key Players

Ariat
Stetson
Wolverine
Rocky
Justin Boots
Laredo
Lucchese,
Old Gringo
Roper
Tony Lama

Cowboy Boots Market by Segmentation

By Type:

Western Boots
Work Boots
Riding Boots
Walking Boots

By Application:

Men
Women

By Region:

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

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Hair Lightening Products Market to Surpass US$ 7.32 Bn by 2032, Says FMI

The hair lightening products market size is projected to reach a valuation of US$ 7.32 Bn in 2022, likely to surge at a vigorous 4.4% CAGR during 2022 – 2032.

Hair lightening is a technique by which a person’s hair color can be changed using lightener or hair color. There are several techniques to perform hair lightening, such as – all-over bleach, super-lightening color treatment, balayage and highlights. The growing desire to look attractive drives the sale of hair lightening products in market.

Some recent trends showcase the growing usage of hair lightening, especially for in white-blonde highlights, pony lights, bold pink, copper penny solid brunette, baby blonde, silver etc. Preference is also seen for natural or organic hair lightening products in the market.

The market for hair lightening goods is being boosted by an increasing willingness to pay more on haircare products such as hair lightening products. Hair lightening products have seen a major increase in popularity in recent years. Hair lightening product sales are pushed by large numbers of consumers eager to spend money on hair care and styling products.

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Hair Lightening Products Market: Market Dynamics

Increasing popularity of hair lightening products and changing lifestyle are the drivers for the market. Consumers’ shifting focus from chemical based products to natural or organic lightening products has engaged manufacturer in producing natural & organic hair lightening products.

The growing trend for beauty products, increasing desire of attractiveness and changing lifestyle has a greater impact on hair care products which further drives the hair lightening products market. The spray and shampoo are the most popular products among consumers in hair lightening products category. Now a days, manufacturers are coming up with new innovations and features. As an example, the producers have introduced sulfate-free color stay shampoo which does not irritates sensitive skin and scalps of users.

The demand for natural and organic hair lightening products is being driven by rising awareness of the dangers of utilising chemical hair products. Increased disposable income and purchasing power are also increasing cosmetics sales, which in turn is driving the sale of hair whitening products. Furthermore, the presence of e-commerce propels the market for hair lightening products.

Hair Lightening Products Market: Regional Outlook

The hair lightening products market is expected to register a healthy growth across all the geographies during the forecast period. The individual’s use of hair lightening products is growing and the commercial segment is likely to push market the sales of hair lightening products market. Manufacturers of hair care & styling products are expanding their operations into developing regions such as China, India.

These countries are considered as emerging countries with potential opportunities. Changing lifestyle and growing fashion sense drives the hair lightening products market. In terms of market share, North America holds a significant share of the market. The market significance is attributed to several factors such as new product launches, technological innovation, and product adoption rate. Growing demand for professional hair care services also drive the sales of hair lightening products. Middle East & Africa is projected to showcase steady growth in the global hair lightening products market due to the growth in beauty products.

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Hair Lightening Products Market: Key Players

Some of the key players operating in the global Lakme, Loreal, Quai, John Frieda, Klorane, Sun Bum, IGK, Farouk Systems, Inc. and others

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

The Hair Lightening Products 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 Hair Lightening Products 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 hair lightening products 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 hair lightening products provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The hair lightening products market report also maps the qualitative impact of various market factors on market segments and geographies.

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Hair Lightening Products Market: Market Segmentation

The hair lightening products market is segmented into different parts based on the product type, nature, price range, application, and sales channel.

On the basis of product type, the global hair lightening products market has been segmented as –

Cream
Spray
Shampoo
Mask

On the basis of nature, the global hair lightening products market has been segmented as –

Organic
Natural
Conventional

On the basis of price range, the global hair lightening products market has been segmented as –

High Range
Mid-Range
Economical

The Hair Lightening Products Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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Docking Station Market is Expected to Reach US$ 2800 Million by 2032 | FMI

The docking station market is expected to grow at a value of 6.4% CAGR, according to Future Market Insights. In 2021, this market was predicted to have a global valuation of US$ 1,402 Million, and is expected to reach a sum of US$ 2800 Mn by 2032. A docking station is a type of electrical equipment used to connect portable computers or other electronic devices to other devices. It is widely used in a range of devices such as laptops, hard drives, mobile phones, and so on.

The docking station is built specifically for a model of product due to the presence of several types of connectors in the device. It has multiple slots for storage devices, mobile phone charging, and peripheral devices like printers and displays. Because of their less difficult wiring systems and innovative technology, consumers all over the world favor them.

The growing popularity of the Bring-Your-Own-Device (BYOD) workplace environment, which aims to reduce costs while increasing flexibility and efficiency, can be attributed to the industry’s growth. Furthermore, the rising demand for quicker data transmission is driving up demand for the aforementioned computing devices.

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People all over the world are increasingly turning to digital media for a number of purposes because it saves time and enables them to access information from any location, at any time. The increasing reliance on the digital economy will drive up demand for docking stations in the coming years.

However, bluetooth technological advancements, such as the introduction of mesh networking, may stymie the industry’s growth. Furthermore, the global brand awareness afforded by bluetooth technology is expected to assist the development of richer solutions with a shorter time to market, hence negatively impacting demand in the global market.

The North American market would be the most volatile market during the forecast period. The increased interest in e-sports among millennials and young people in the region is driving up demand for docking stations. These consumer trends are likely to drive up demand for PCs, laptops, and cellphones, as well as docking stations. Because of the quickly expanding IT sector in nations such as Canada and the United States, the widespread use of docking systems has expedited the regional market’s rapid expansion.

Key Takeaways from the Market Study

In 2022, the global docking station market is estimated to have a global market size of US$ 1505.5 Mn.
By product, the laptops segment is expected to gain a 72% market share in 2022.
By connectivity, the wired segment is projected to acquire a global market valuation of 71.5% in 2022.
By distribution channel, the online segment will acquire 58.2% share in 2022.
The North American market for docking stations will expand with a market share of 37.8% in 2022.
The APAC docking station market is expected to grow with a 4.5% CAGR during the forecast period.
The European region is projected to grow with a 5.9% CAGR during 2022-2032.

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Competitive Landscape

The leading companies in the sector compete aggressively, as several of them are top technology manufacturers and also deal in docking stations. These companies have a huge client base due to the availability of strong and comprehensive distribution networks to service both regional and international consumers. Because the majority of major firms have a global presence, they have a large impact on the market. Major corporations are striving to increase their global market presence by creating partnerships with existing distributors in new markets.

Lenovo provides a wide range of docking stations designed specifically for its Thinkpad line. Customers can benefit from improved interoperability on both USB-C and ThunderboltTM-enabled laptops thanks to Intel® ThunderboltTM technology embedded into these docking stations. They can boost productivity by connecting to several 4K panels with a single-cable docking solution for 40 Gbps high-speed data (max). The single cable can also be used to charge ThinkPad laptops (65W) and ThinkPad Mobile Workstation computers (170W).
In January 2022, ASUS introduced the Two 4K USB-C Dock, a brand-new and ultra-compact 5-in-1 docking station featuring dual 4K display outputs, 10 Gbps transfers over USB-C® and USB Type-A, 100-watt Power Delivery passthrough, and Gigabit Ethernet. The Dual 4K USB-C Dock, built as a successor to the well-known ASUS Mini Dock, provides improved battery life, more advanced display outputs, and quicker data transfer speeds, allowing busy modern professionals to connect and get to work quickly and easily.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global docking station market, presenting historical analysis from 2016 to 2021 and forecast statistics for the period of 2022-2032.

the study reveals essential insights on the basis of product (laptops, smartphones and tablets, others), of connectivity (wired and wireless), of distribution channel (online, offline) and region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Aquarium Water Treatment Market is Likely to Grow at a CAGR of ~4.0% from 2022 to 2032 | FMI

The global aquarium water treatment market is estimated to reach a valuation of ~US$ 7,320.0 Mn in 2022. Sales are projected to increase at ~4.0% CAGR and the market size is anticipated to reach US$ 10,835.3 Mn by 2032.

Aquarium fish are popular as pets due to their vividly colored, glossy scales and ease of care. Millions of homes worldwide keep aquarium fish as pets. Fish, like other animals, may have infections that can cause illnesses in humans. These bacteria have the ability to contaminate fish-infested water.

Although fish and aquarium water can transmit infections, illness caused by fish farming is uncommon. People are less likely to develop illnesses from touching, feeding, or owning aquarium fish if they take care of their fish tank on a regular basis, such as by utilizing aquarium water treatment solutions. It is set to push the global aquarium water treatment market in the next decade.

Moreover, consumers are increasingly using e-commerce platforms to buy pet care supplies such as aquarium water treatment products since they provide a large choice of products at exceptional discounts and rates.

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Furthermore, e-commerce websites assist in the creation of personalized items that would meet unique needs of the client, even if the product is not accessible in brick-and-mortal stores. Leading e-commerce platforms such as Alibaba, Amazon, and eBay, provide a diverse choice of fish tank care items across the globe.

Key Takeaways: Aquarium Water Treatment Market

The U.S. aquarium water treatment market is expected to grow rapidly at a CAGR of 3.6% over the forecast period.
China is the largest market for aquarium water treatment in East Asia and is set to exhibit growth at ~5.0% CAGR from 2022 to 2032.
India is expected to grow at ~4.0% CAGR over the forecast period and generate the largest aquarium water treatment market share in South Asia.
Based on end user, the private segment is anticipated to remain dominant throughout the assessment period.
By price range, the economical range segment is projected to lead the global aquarium water treatment market in the next decade in terms of share.

“Surging demand for ornamental fish is a vital factor that would drive the global aquarium water treatment market in the upcoming decade. Besides, increasing humanization of pets is anticipated to aid growth,” says a FMI analyst.

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Aquarium Water Treatment Market Outlook By Category

By Product Type:

Filter
Ozone

By Form:

Flakes
Gel
Granules
Liquid
Pellets
Powder
Tablets
Others

By Purpose:

Disinfection
Purification
Improve Water Quality
Others

By Price Range:

Economical Range
Mass Range
Premium Range

By End User:

Commercial
Private
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Competitive Landscape: Aquarium Water Treatment Market

Key players operating in the global aquarium water treatment market are Tetra, Waterlife, Marukan, EHEIM, Siemens, Clear-Seal, Aqua Design Amano, Den Marketing, Resun, API, Aquaeon, GloFish, and Penn-Plax among others.

About Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.

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Hematology Diagnostics Market is projected to reach US$ 1.2 Bn by 2031, at a CAGR of 5.8% from 2022 to 2031

Standing at a valuation of US$ 725 Mn in 2022, the global hematology diagnostics market is projected to reach US$ 1.2 Bn by the end of 2031. Demand for hematology diagnostics is anticipated to increase at a CAGR of 5.8% from 2022 to 2031.

The Hematology Diagnostics Market has witnessed the advent of a wide range of hematology testing solutions that combine the attributes of strainer, slider maker, and cell counter. Integrated solutions have been gaining ground in the hematology diagnostics market, as growing work load has prompted pathologists to adopt methods with precision and accuracy for improved results.

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According to a recent study of Future Market Insights (FMI), the hematology diagnostics market recorded a valuation of approximately US$ 3,500 Mn in 2017. Growing popularity of modern day analyzers that offer five to seven parts white cell differential analysis, along with additional information on cell population data (CPD), large unstained cell population, and granularity index, will continue to drive growth of the hematology diagnostics market.

The study opines that the hematology diagnostics market will continue to remain a consolidated landscape, with few established players collectively accounting for a larger share of the market. Robust portfolio, and stronger distribution footprint of these leading players, including F. Hoffmann-La Roche Ltd., Beckman Coulter, Inc., Abbott Laboratories, and Sysmex Corporation, will continue to uphold their lead in the hematology diagnostics market in the upcoming years.

Key players in the hematology diagnostics market are focusing on strategic partnerships with vendors having innovative technologies, to gain a greater share with more diverse portfolios. Other leading players profiled in the report on the hematology diagnostics market include HORIBA, Ltd., HemoCue AB, Mindray Medical International Limited, Danaher (Beckman Coulter, Inc.), Bio-Rad Laboratories, Inc., and Siemens Healthineers.

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Emphasis on Effective Hematology Diagnostics to Surge in Line with Prevalence of Blood Cancer

There has been a marked rise in the prevalence of blood disorders, and the pervasiveness of these ailments will continue to surge in the foreseeable future, according to the report. This has further driven the essentiality of hematology diagnostics with greater efficacy, thereby complementing new product developments and technological advancements in the hematology diagnostics market worldwide.

Recent studies from associated regulatory authorities estimated that, in the US alone, number of individuals affected with blood-related disorders reached nearly 173,000 in 2017. This has further led the healthcare institutes and governments to take up initiatives for increasing awareness of these disorders and the availability of related management & treatment procedures, which in turn has led the demand and adoption of hematology diagnostics in the recent past.

Point-of-care testing has also witnessed a notable rise in demand, with technological advancements leading to results with higher accuracy and convenience. Easy availability of myriad test methods for hematology diagnostics has also been a key factor driving growth of the market. The study estimates that the hematology diagnostics market

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Gains from Hematology Diagnostics Market in Developed Markets to Remain Higher

The study anticipated Europe and North America to remain the most lucrative markets for the hematology diagnostics market. Relatively greater prevalence of blood-related disorders, higher awareness about the existing screening techniques for blood disorders, and rising expenditure on health & wellness by consumers, allude greater gains from the hematology diagnostics market in Europe and North America.

Sensing varied requirements of the healthcare settings and the distinctions in the blood ailments, key players in the hematology diagnostics market have introduced a wide range of hematology instruments, According to the study, hematology analyzers currently accounts for the largest share in the hematology diagnostics market.

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Softgel Encapsulation Machines Market estimated to grow according to forecasts

The market for softgel encapsulation machines is anticipated to reach US$ 104.5 million in 2022 and expand at a CAGR of 4.3% from 2022 to 2032. By 2032, the market is projected to be worth US$ 159.6 Mn. Because of improvements in technology, production methods, and integration, it is anticipated that the production of softgel capsules will rise, driving growth in the market for softgel encapsulation machines.

The need for new softgel encapsulation equipment has risen as a result of ongoing improvements in capsule-making methods. Due to the urgent requirement for more automatic softgel encapsulation machines for large-scale softgel manufacturing, the market for these machines is anticipated to expand. The market for softgel encapsulation machines is also being driven by rising demand for health supplements in both emerging and developed economies.

By 2022, more than one-third of global sales are expected to come from Europe, which is expected to remain the most lucrative softgel encapsulation machine market. Softgel encapsulation machine demand is directly impacted by the pharmaceutical industry’s expansion, which has been accelerating recently.

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The manufacturing of personal care and cosmetics products is thought to benefit from the growth of the global softgel encapsulation machine market. About 18% to 20% of the world’s encapsulation machine market is made up of softgel encapsulation machines.

Machines for making softgel capsules are primarily used for high-volume, quick production, demonstrating the dynamism of the pharmaceutical industry. The softgel encapsulation machine, which also enables the filling of various products, offers high production.

When creating softgel liquid capsules, a softgel encapsulation machine works effectively and adheres to sanitation standards. There are a few opportunities for cross-contamination as a result. Softgel encapsulation machines can significantly lower labour costs due to their ease of use.

Some of the key benefits of softgel capsules include high atmospheric stability, enhanced bioavailability, improved absorption, taste and odour masking, and ease of swallowing. These benefits will drive the demand for softgel encapsulation machines over the next ten years.

The addition of new materials and improvements in manufacturing technology are anticipated to give conventional capsules more features, such as the option of a potent active pharmaceutical ingredient (APIS), tamper-evident packaging, and controlled drug release because of their longer shelf life, appealing looks, and decreased stomach pH degradation.

Demand for Softgel Encapsulation Machines Growing in Germany

“Demand for Drugs for Cancer Treatment to Push Sales of Soft Gelatin Capsule Machines in Germany”

Germany’s projected CAGR during the forecast period is 2.8%. During the forecast period of 2022–2032, the nation is anticipated to hold a significant share in the Europe softgel encapsulation machine market.

One of the leading European nations with the greatest number of patent applications for novel drug production systems is Germany. The European Patent Office (EPO) 2019 Patent Index data shows that the number of pharmaceutical patent applications increased by 4.4% in 2018.

In Europe, Germany is also the best country for cancer treatment. Chitosan-alginate BSA-gel capsules, which are used after local chemotherapy, are created using softgel encapsulation machines.

New drugs for various medical treatments against various types of viruses are expected to be introduced as a result of pharmaceutical industry research initiatives in the nation. In Germany, the softgel encapsulation machine market will expand profitably during the evaluation period as a result of the healthcare sector’s quick expansion.

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Softgel Encapsulation Machine Manufacturers Progressing in China

“High Demand for Good Quality Medicines in China to Propel Sales of Soft Gelatin Encapsulation Machines”

China’s share of the East Asian softgel encapsulation machine market is projected to grow at a rate of 4.8% CAGR. The most populous country in the world, China, is experiencing an increase in demand for medical supplies. After the United States, China is regarded as having the second-largest pharmaceutical market worldwide.

Additionally, the rapidly ageing population and resulting increase in the demand for medical products would present a wide range of opportunities for key players in the Chinese pharmaceutical industry. This would lead to an increase in softgel encapsulation machine sales throughout the nation, which would be advantageous for the market’s expansion.

U.S. Considered to be a Lucrative Hub for Softgel Encapsulation Machine Manufacturers

“Export of Advanced Medicines from the U.S. to Drive Demand for Softgel Machines”

Over the forecast period, the softgel encapsulation machine market in the U.S. is projected to create an incremental opportunity of nearly US$ 9.4 Mn. The country has some of the biggest pharma companies in the world, and majority of the advanced pharmaceutical products in the world are manufactured & exported by the country’s pharmaceutical sector. The country is already witnessing high demand for softgel encapsulation machines from other parts of the world, which is likely to push the U.S. market.

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