Market Trends and Growth

Tuesday, 30 March 2021

Thermal Paper Market Overview, Growth Prospects and Outlook Report, 2028

The global Thermal Paper Market size is expected to reach USD 6.03 billion by 2028 registering a CAGR of 5.2%, according to a new report by Grand View Research Inc. The growing product usage in tags & labels in the food & beverages and pharmaceutical industries is expected to drive the market growth over the forecast period. The rapid growth of the retailing industry in India, China, Indonesia, Brazil, UAE, and Saudi Arabia is boosting the use of retail transactions through PoS terminals. In addition, strict labeling norms in the food & beverages and pharmaceutical industries are further expected to boost the product demand.

The growing popularity of the gaming and casino industry across the world is also expected to provide a significant boost to the global market. Las Vegas, Singapore, and Macao are some of the most popular destinations that have gained prominence due to their gaming and casino industry. Increasing footfall at these places is expected to prove beneficial to the market growth. Companies in the Asia Pacific, particularly in Japan, have established their production units as well as strategic business channels in Europe and the U.S to cater to the buyers at the domestic level. Some of the manufacturers have formed partnerships with local roll converters for ensuring product supply to their consumers.

Related Press Release @ Thermal Paper Market Report

Thermal Paper Market Report Highlights

In China, the tags & label segment is expected to grow at a CAGR 6.9% over the forecast period on account of growing product adoption in tags & labels in the food & beverages and retailing industries of the country
In 2020, the revenue for the PoS application segment in the North America region stood at USD 709.6 million owing to the wide use of PoS machines at supermarkets, cafeterias, gas stations, and retail stores
In Germany, the market is anticipated to reach USD 264.7 million by 2028 on account of increasing product usage in tags & labels for inventory management purposes in the regional manufacturing industry
The PoS application segment in India is expected to register a CAGR of 11.4% over the forecast owing to the continued efforts by the Government of India to promote various types of cashless transaction modes
With the growing restrictions of Bisphenol A-based products, manufacturers are progressively launching phenol-free thermal paper products in key markets

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Monday, 31 August 2020

Organic Soap Market Size is Anticipated to Display 8.1% CAGR till 2025

The global Organic Soaps Market size is expected to reach USD 383.4 million by 2025, according to a new report by Grand View Research, Inc., registering an 8.1% CAGR during the forecast period. Rising awareness regarding environment conservation and increasing water pollution caused by harmful chemicals present in personal care products, including parabens, triclosan, phthalates, triclocarbon, and aluminum salts, are key factors driving the market.

Over the past few years, governments of several countries have been banning harmful chemicals used in cosmetics and personal care products in order to promote organic, herbal, and all-natural soaps. This is further fueled by growing consumer awareness regarding synthetic chemicals present in toiletries like hand and bathing soaps. In addition, consumer preference for natural ingredients in personal care products is supported by the efforts of various certification bodies such as The International Natural and Organic Cosmetics Association (NATRUE). The association mandated that at least 95.0% of physically processed agro-ingredients in rinse-off products such as soaps and shampoo must be organic. These initiatives, and evolving consumer trends are expected to boost product demand over forecast period.

The landscape of the liquid organic soaps segment is fragmented in nature due to the presence of a large number of players. Liquid soaps are preferred by consumers over bar soaps as they are more hygienic. Customers are becoming more aware regarding family bathing products and are offering a host of organic and natural personal care products. Key manufacturers such as SUNDIAL BRANDS LLC; Lush Retail Ltd.; Osmia Organics, LLC; EO Products; Pangea Organics, Inc.; and Brittanies Thyme are launching new products in order to cater to increasing product demand. For instance, in April 2019, Korkut Oil Soap Industries Inc. introduced a liquid soap made from unique ingredients: goat milk and extra virgin olive oil. The product, called ‘Olivos Goat Milk Liquid Soap’, helps delay signs of aging and removes dead skin.

Europe is expected to emerge as the fastest growing organic soap market over the course of the forecast period, registering a CAGR of 8.7% from 2019 to 2025. Manufacturers are launching new products that are organic, herbal, cruelty-free and chemical-free in order to cater to evolving customer demands. Over the past few years, Germany, France, and U.K. have seen an increase in product launches. For instance, in September 2016, Lush Retail Ltd., a U.K.-based manufacturer of natural personal care products, launched its concept retail store in Milan and Berlin where products are sold in innovative, packaging-free alternatives. Product information is provided by a mobile app and customers can take their products in ethically-sourced regenerative containers made from cork.

Request a sample copy or view summary of this report@
https://www.grandviewresearch.com/industry-analysis/organic-soaps-market

Further key findings from the report suggest:

Liquid product variants are expected to witness the fastest growth, exhibiting a CAGR of 8.4% from 2019 to 2025. Liquid soaps are preferred by consumers over bar variants as they are more hygienic
The online distribution channel is expected to witness the fastest growth by the end of the forecast period, generating a revenue of USD 75.3 million by the end of 2025
North America is the dominant market and accounted for more than 30.0% of the global revenue in 2018 owing to high concentration of U.S-based manufacturers
Key players in organic soap include SUNDIAL BRANDS LLC; Lush Retail Ltd.; Osmia Organics, LLC; EO Products; Pangea Organics, Inc.; and Brittanies Thyme.

About Us:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Ceiling Fan Market Size is Estimated to Generate $12.5 Billion By 2025 | CAGR: 4.3%

The global Ceiling Fans Market size is expected to reach USD 12.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Increasing popularity of technologically advanced smart fans with various add-on convenience features including voice control and smartphone access is expected to play a key role in expanding the market reach. Additionally, implementation of new government initiatives to ensure the electricity access to the rural areas in developing economies including China, India, Bangladesh, and Mexico is expected to expand the demand for ceiling fans over the next few years.

Standard product was the largest product segment in 2018. Consumers prefer to purchase these products due to its wide range of availability, coupled with cost effectiveness. Additionally, under this product category, the companies are introducing high speed and energy saving products to cater to the growing requirements from the residential and commercial segments.

Small size fan is projected to be the fastest growing category with a CAGR of 7.7% from 2019 to 2025. This product is used in small rooms to circulate air and decrease temperature. Growing urbanization has led to room space problem in metro cities, which will promote the utility of small size products in the upcoming years.

Asia Pacific is expected to remain one of the lucrative markets for ceiling fans over the next few years. Expansion in the population of middle-class income groups in emerging economies including China, India, Bangladesh, and Philippines is expected to remain a favorable factor, which, in turn, will promote the usage of the product. Furthermore, implementation of various policies by the governments of China and India aimed at ensuring the electricity access to the rural households at the domestic level is projected to open new opportunities for the ceiling fan industry.

Key ceiling fan manufacturing firms include Crompton Greaves, Emerson Electric Co., NuTone, Hunter Fan Company, Shell Electric MFG Co. Ltd., Big Ass Fans, Ajanta Electricals, Del Mar Fans & Lighting, Mega Home Appliances, and The Henley Fan Company Ltd. Some of the manufacturers are focusing on new product developments and alliance formation with distributors in order to expand their reach to the consumers. Moreover, they are expected to increase spending on the launches of advanced products including smart fans.

Request a free sample copy or view report summary: Ceiling Fan Market Report

Ceiling Fan Market Report Highlights

Medium size products generated a revenue of USD 7.1 billion in 2018
Online channel is expected to ascend at the fastest CAGR of 5.1% from 2019 to 2025 as it provides excellent convenience to the buyers
The residential application segment is expected to account for more than 70.0% share of global revenue by the end of 2025
Asia Pacific dominated the ceiling fan market in 2018, accounting for a share of 51.9% owing to high concentration of middle-income groups in countries such as China and India.

Kitchen Knives Market Size is Anticipated to Display 8.6% CAGR till 2025

The global Kitchen Knives Market size is expected to reach USD 2.08 billion by 2025 registering a CAGR of 8.6%, according to a new report by Grand View Research, Inc. Growing popularity of reality shows, such as Top Chef, MasterChef, Hell’s Kitchen, Iron Chef, and Chopped, which have renewed the arena of cooking, is the key growth-driving factor for the market. Moreover, cooking has become a prominent career choice, which is estimated to have a positive impact on the product demand. Increased importance of visual appeal in various food dishes will drive the product demand over the next few years.

Rising impact of social media platforms will also fuel the market growth. Key manufacturers in this market are Friedr. Dick GmbH & Co., Global Knives, KAI USA LTD., KIYA & Co., Ltd., MAC Knife, MASAMOTO, Mercer Culinary, Messermeister, Victorinox, Wüsthof, and Zwilling J. A. Henckels. Product development is expected to remain a critical success factor for the market participants. Thus, major companies have increased their spending on new product developments. For instance, In March 2019, Artisan Revere released Elmax, an 8.6-inch chef knife for uniform, smooth, faster cutting. In April 2019, Peak Knife Company launched Colorado 14ers chef’s knife made of German 1.4116 steel.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/kitchen-knives-market

Further key findings from the study suggest:

Stamped blade products accounted for the largest revenue share of more than 75% in 2018 owing to their easy availability and low price
However, hand forged manufacturing products are expected to witness the fastest growth at a CAGR of 9.1% from 2019 to 2025
Commercial application is expected to be the fastest-growing segment over the next few years. Increasing number of eateries and restaurants is pushing the use of knives in commercial sector
Based on product size, 5-7 inch knives was the largest segment in 2018 and accounted for more than 35% of the overall market share
Convenience stores segment led the global kitchen knives market in 2018. However, online channel segment will register the maximum CAGR from 2019 to 2025
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of over 9% during the forecast period

Friday, 28 August 2020

Residential Lighting Fixtures Market Size Worth $21.17 Billion By 2025

The global Residential Lighting Fixtures Market size is expected to reach USD 21.17 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.9% during the forecast period. The rapid replacement of traditional lights with more energy-efficient and economical lighting fixtures is expected to remain a prominent trend. Furthermore, rising middle-class population in developing countries including China, India, Bangladesh, and Philippines as a result of urban development and increasing number of employment opportunities is projected to have a positive impact on the market.

The Light-emitting Diodes and Organic Light-emitting Diode (LED & OLED) led the market in 2018, contributing to over 50% of revenue share. High energy-efficiency and durability is anticipated to drive the growth. This segment is expected to witness steady growth in the upcoming years owing to the implementation of government initiatives aimed at encouraging the adoption of energy-efficient LED lighting instead of incandescent lighting.

Ceiling and wall mounted together held the largest share of the global residential lighting fixture market with over 60% of the total revenue share in 2018. These products illuminate the whole room and make it appear brighter and larger. In addition, availability of a wide range of ceiling and wall mounted fixtures appropriate for different types of homes and décor is anticipated to bode well for the product demand.

Asia Pacific held the leading market share of more than 45% in 2018. Rising number of residential buildings in emerging economies including China, India, and Philippines on account of easy loan assistance by banks for home construction is expected to expand the use of lighting equipment. Additionally, the increasing number of smartphone users in these countries is expected to encourage manufacturers to launch products in their online stores.

Key manufacturers include Koninklijke Philips N.V.; Cree Inc.; General Electric; Hubbell Lighting, Inc.; Acuity Brands, Inc.; Eaton Corporation; Panasonic Corporation; OSRAM Licht AG; Nichia Corporation; and Everlight Electronics Co., Ltd. New product launches is expected to remain a key competitive strategy in the forthcoming years.

Request a sample copy or view summary of this report @
https://www.grandviewresearch.com/industry-analysis/residential-lighting-fixtures-market

Further key findings from the report suggest:

Ceiling segment generated a revenue of more than USD 4 billion in 2018
LED and OLED product segment is expected to account for a market share of 59.3% in terms of revenue by the end of 2025, owing to excellent energy efficieny of the products.
Middle East and Africa is expected witness the fastest CAGR of 6.2% from 2019 to 2025. The scope for electrification along with government initiatives in African countries including Nigeria, Kenya, and Ethiopia is projected to open new avenues
Asia Pacific led the residential lighting fixture market with more than 45% of revenue share
Online distribution channel is expected to expand at a CAGR of 8.7% from 2019 to 2025

Hand Blender Market Growth, Trends, Opportunities and Forecast

The global Hand Blender Market size is expected to reach USD 398.3 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.2% over the forecast period. Increasing urbanization, coupled with shifting consumer preference towards compact and portable kitchen appliances, is expected to augment market demand. In addition, rising importance of multifunctional kitchen devices among the consumers, who are looking for convenient solutions, is expected to have a positive impact on the market growth.

Corded product was the largest segment, accounting for a share of more than 75.0% in 2018. Major manufacturers include BSH Home Appliances Group;Koninklijke Philips N.V.; Panasonic Corporation; Braun GmbH; Breville USA, Inc.; and Wonderchef Home Appliances Pvt. Ltd. are launching new technological products in order to gain the maximum customer base.

For instance, in March 2018, Braun GmbH launched its one of the most successful hand blenders under the brand name ‘Braun MultiQuick 5 Baby’. The company launched these products in ‘International Home + Housewares Show’ held in March 2018 in Chicago, Illinois. These innovative product launches increase the product visibility. The device is powered by 350 watts, coupled with multiple speed setting.

Asia Pacific is expected to be the fastest growing market, expanding at a CAGR of 9.0% from 2019 to 2025. Over the past few years, major players have been adopting marketing strategies including innovative product launch, increased R&D, and mergers and acquisitions in order to cater to the increasing demand for technologically advanced products in the region.

For instance, in October 2017, Smeg S.p.a., an Italy based company pioneered in home appliances manufacturing, launched its brand new portable kitchen appliance under the brand name ‘HBF02 hand blender’. The device was equipped with 700 W motor, along with a variable speed controller. The product has improved its ergonomics and provided it with an anti-slip grip.

Key players include BSH Home Appliances Group; Koninklijke Philips N.V.; Panasonic Corporation; Whirlpool; Wonderchef Home Appliances Pvt. Ltd.; Braun GmbH; Breville USA, Inc.; Smeg S.p.a.; Newell Brands; JVC Kenwood Corporation; and Iris Ohyama Inc. Hand blender manufacturers are expected to adopt product innovation in order to tap new markets over the next few years.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/hand-blender-market

Further key findings from the report suggest:

The global hand blender market is fragmented in nature owing to the presence of a large number of strong players as well as new entrants
Corded product emerged as the largest segment with a share of more than 75.0% in 2018
Online distribution channel is expected to be the fastest growing segment with a CAGR of 8.7% from 2019 to 2025
North America was the largest market, accounting for a share of 30.5% in 2018 owing to significant demand for modular kitchen and portable kitchen appliances in U.S. and Canada
The APAC market is anticipated to witness significant growth owing to population growth and urbanization in developing economies including China and India.

Denim Jeans Market Trends, Research, Analysis, Key Players, Scope and Outlook Report

The global Denim Jeans Market size is expected to reach USD 102.45 billion by 2025 registering a CAGR of 6.81%, according to a new report by Grand View Research, Inc. Growing target population across the globe along with a rise in consumer disposable income levels, especially in emerging countries, is projected to drive the market over the forecast period. In addition, improving standards of living and constant product innovations in the market will drive the demand further.

The offline distribution channel is projected to be the largest segment over the next few years. Rising number of design stores, fashion stores, specialty stores, etc. are contributing to the product sales through offline channels. The North America regional market is anticipated to account for the largest revenue share by 2025 due to the rise in the sales of retail products in the clothing market. In U.S., the retail sales of apparels surpassed USD 15.21 billion in 2017.

Most of the major manufacturers have undertaken several business strategies, such as geographical and capacity expansion, technological and product innovation, M&A, and R&D investments, to boost their sales. Some of the key companies in the denim jeans market are Levi Strauss & Co.; VF Corp.; The Gap, Inc.; H&M Hennes & Mauritz AB; Kering S.A.; Pepe Jeans S.L.; PVH Corp.; Bestseller A/S, and U.S. Polo Assn.

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Denim Jeans Market Report Highlights

Rapidly expanding apparel and clothing market, particularly in developed countries, is expected to propel the market growth
In terms of revenue, men end user segment is projected to account for the largest share of the global market by 2025
Offline distribution channel segment led the global denim jeans market in 2018 and accounted for a share of more than 85%
North America was the dominant regional market in 2018 and is projected to expand further at a steady CAGR from 2019 to 2025
However, APAC is projected to register the fastest CAGR during the forecast years due to increasing consumer disposable income levels in India, South Korea, China, and Japan