A Market Place Research – Page 107

Baby Oral Care Market Navigating Business with CAGR of 4.3% with Revenue of $2 Billion by 2031

According to a new report published by Allied Market Research, titled, “Baby Oral Care Market,” The baby oral care market was valued at $1.3 billion in 2021, and is estimated to reach $2 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031. In 2021, the toothbrush segment occupied the largest market share as it is one of the primary implements in maintaining oral health across the world.

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The Baby Oral Care industry offers brushes, toothpaste, tooth mousse, floss, teethers, gum soothing gels, and other products. These products are specially formulated to be compatible with the internal composition of the mouth of the baby to avoid harm to teeth and gums. The scope of the study includes babies aged 0-12 months as infants and babies aged 13-36 months as toddlers.

There is a rise in the disposable income of consumers, which increases their purchasing power. Many parents spend a lot of money on the health, safety, and well-being of their children. Parents spend money on baby monitors, baby educational toys, baby care products, and other items to keep their babies safe, entertained, and healthy. Consumers also spend more on premium and high-quality products to provide safe products for their babies. This includes toothbrushes, toothpaste, and teethers, which are placed in mouths of the babies and may cause harm if the product is of poor quality. As a result, demand for baby products, including baby oral care products, rises, resulting in massive Baby Oral Care Market Growth.

Adult toothpaste and floss comprise numerous chemical components in small doses that, if consumed in large quantities, may be lethal. Chemicals that are almost harmless to adults may be extremely dangerous to children. Among them are fluoride, triclosan, sodium lauryl sulphate, diethanolamine, and other chemicals. Fluoride used on babies may cause dental fluorosis, which changes the structure of the enamel on the teeth and causes discoloration. According to the National Library of Medicine, triclosan exposure in children may result in hormonal imbalances. To ensure the safety of the products, oral care products for children are frequently made with natural ingredients and additives. There is an increase in the Baby Oral Care Market Demand due to the safety associated with their use.

Cleaning the teeth and gums of babies and toddlers may be challenging because children aged zero to three years are generally restless or incognizant, making products like finger brushes, gum and tooth wipes, tongue cleaners, and other products difficult to use. To make baby oral care products more appealing to children, market participants incorporate various designs and flavors. Bananas, bears, dinosaurs, and other animals serve as form factors for toothbrushes, tongue cleaners, and teethers, while apple, strawberry, mixed berries, and other fruits serve as flavors for toothpaste, gum soothing gels, and tooth mousse. These products are appealing to children, making them want to use them, eliminating the need for parents to use products that they dislike on their children, and making the process of cleaning their teeth and mouth easier. Products with appealing form factors and flavors are the latest Baby Oral Care Market Trends and contribute to market growth.

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Parents all over the world are becoming more aware of the best ways to raise their children. The younger generation of parents works hard to learn and study proper child-rearing techniques and procedures, as well as how to care for their physical, emotional, and mental needs. There has been a massive increase in awareness of baby oral health around the world, particularly in developing countries due to an increase in the rate of education in these countries, and an increase in disposable income and expenditure on baby care products. Parents invest more in baby oral care products to ensure that their children do not develop dental problems later in life. This increased awareness of infant oral health care is expected to lead to an increase in the Baby Oral Care Market Size.

The baby oral care market is segmented on the basis of type, age, distribution channel, and region. On the basis of type, the baby oral care market is classified into toothbrush, toothpaste, floss, tooth mousse, and others. On the basis of age, the market is bifurcated into infant and toddler. On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others. On the basis of region, the market is divided across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, United Arab Emirates, South Africa, and the Rest of LAMEA).

The toothbrush sub-segment accounted for the majority market share of the baby oral care market, with manual toothbrushes being more popular and electric toothbrushes gaining popularity. Tooth mousse sub-segment is expected to grow at a CAGR of 5.0% during the forecast period, owing to its beneficial properties for teeth, ease of application, and use of natural ingredients in the production of the product. The infant segment was the dominant segment, accounting for 64.7% of the market share, as most baby oral care consumers preferred products for infants, and it is also predicted to have the highest growth as parents increase their expenditure on infant care products. In 2021, supermarkets and hypermarkets were the most popular modes of purchase for baby oral care products; however, the sale of baby oral care products through online sales channels and convenience stores is expected to grow significantly in the future due to the ease of purchase and a greater variety of products available through the channels.

North America was the largest shareholder in terms of baby oral care product sales in the base year due to the massive increase in childcare expenditure in the region, and the presence of several global brands related to baby oral care in the region. Europe had the second-largest market share, and Asia-Pacific is expected to grow the most during the forecast period.

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Key findings of the study

On the basis of type, the toothbrush segment dominated the market in 2021 and the tooth mousse segment is expected to have the highest growth during the forecast period.

On the basis of end-user, the infant segment is the largest segment and is also expected to be the fastest-growing segment during the forecast period.
On the basis of distribution channel, supermarkets, and hypermarkets held the largest market share in 2021.

The players operating in the baby oral care market have adopted various developmental strategies to increase their Baby oral care Market Share, gain profitability, and remain competitive in the market. The key players operating in the Baby oral care Market Analysis include- Amway, Church & Dwight Co., Inc., Colgate-Palmolive Company, Dr. Fresh, LLC., Haleon plc, HCP Wellness, Himalaya Wellness Company, Honasa Consumer Pvt. Ltd., Pigeon Corporation, Prestige Consumer Healthcare Inc., Procter & Gamble, Punch & Judy, Quip NYC, Inc., Unilever, and Y-Brush.

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Bristle Brush Market: Rising Valuation to Reach $41.4 Billion by 2030, Fueled by Strong CAGR of 5.4%

According to a new report published by Allied Market Research, titled, “Bristle Brush Market by Nature, Application, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global bristle brush market size was valued at $24.4 billion in 2020, and is projected reach $41.4 billion by 2030, registering a CAGR of 5.4% from 2021 to 2030.

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Bristle brushes are used by many commercial establishments to clean their premises or products. Hospitals make use of brushes to thoroughly clean their surfaces to avoid any kind of cross-contamination and to sanitize their surfaces. Brushes with long handles are used for cleaning surfaces in hotels, restaurants, and even in homes. Many houses in the western countries have carpet floors, the cleaning of which requires a carpet brush to remove all the dirt and particulate matter stuck in the carpet. There are floor and surface brushes available, that help in cleaning the floor and surfaces like counters, tabletops, and also sometimes walls. Lavatory brushes are most commonly found in all households to keep the lavatories clean and hygienic. Thus, the sale of bristle brushes for home cleaning is fostering global bristle brush market growth.

There has been a shift in consumer buying behavior in the past few years. This shift has led to an increase in online purchases of products made by customers. Companies that manufacture bristle brushes have started selling their products online. They are making their products available on their own company websites as well as on other ecommerce platforms such as Amazon, Walmart, and Flipkart. The sale of bristle brushes via online channels has seen an upsurge in the recent years due to the ease of buying, wide selection of products, doorstep delivery, and ease of payment of online channels. The increase in sales via online channels will continue to grow in the near future, and provide lucrative opportunities for the engaged stakeholders in the bristle brush market.

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The global bristle brush market is studied on the basis of nature, application, sales channel, and region. Based on nature, the global market is bifurcated into synthetic and natural bristles. By application the market is segmented into personal care, home care, pet care, and others. Based on sales channel the global market is studied across supermarket/hypermarket, convenience/brand stores, specialty stores, and online channels. The global bristle brush market is also studied across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings Of The Study

By nature, synthetic bristle brushes leads in terms of bristle brush market share and is projected to grow with the highest CAGR during the forecast period.
According to application, the home care segment of the market dominates the global market and is projected to grow with highest CAGR during the forecast period.

By sales channel, supermarket/hypermarket leads in terms of market share, however, the online segment is poised to grow with the highest growth during the bristle brush market forecast period.
By region, Asia-pacific region accounted to largest market share and is poised to grow with highest CAGR during the forecast period.
Novel innovation in bristle brushes to provide new growth avenues for market expansion in upcoming years.

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Some of the major players profiled for in the bristle brush market analysis include Ancol Pet Product Limited, Colgate Palmolive Company, Ghd, Koninklijke Philips N.V., L’Oréal S.A., Panasonic Corporation, PetEdge, Revlon, Inc., The Procter & Gamble Company, and VEGA. Other prominent players operating in the bristle brush industry include Global Bristles Manufacturing, Cocker-Weber Brush Company, Hongda Animal By-Products, Baoding Yongtaishing Bristle & Brush, Gordon Brush, Zhili Bristle, Liberty Industries, and Atlantic Equipment.

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Geomarketing Market Expected to Reach $78.9 Billion by 2031—Allied Market Research

Geomarketing involves delivering the right message to the right person in the right location. This marketing concept uses location data to deliver its messages to the most relevant audience at the right time. The key to geomarketing is the use of targeting and segmentation. In this case, marketers are segmenting by geographic location and then targeting consumers inside of that boundary. Furthermore, growing investment in digital marketing compared to conventional marketing and increasing demand for location-based intelligence are boosting the growth of the global geomarketing market. In addition, enhance customer targeting with the help of AI, Location analytics, and big data positively impacts the growth of the market. However, legal concerns & data privacy threats and lack of skilled operators are hampering the market growth. On the contrary, high demand for mobile computing and treading social media is expected to offer remunerative opportunities for expansion of the market during the forecast period.

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Depending on Location type, outdoor segment holds the largest share of the geomarketing market, owing to rise in digital marketing and reach to a greater number of people in outdoor. However, the indoor segment is expected to grow at the highest rate during the forecast period, owing the adoption of geomarketing by verticals such as retail and hospitality sector is providing ample growth opportunities for indoor segment in geomarketing market.

KEY FINDINGS OF THE STUDY:

► By deployment mode, on premises segment accounted for the largest geomarketing market share in 2021.

► Region wise, North America generated highest revenue in 2021.

► Depending on location type, outdoor generated the highest revenue in 2021.

Region wise, the geomarketing market forecast was dominated by North America in 2021 and is expected to retain its position during the forecast period, owing to the growing adoption of location-based services in various sectors such as retailing, manufacturing in North America region. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to adoption of advanced technologies and continued innovations in the location-based services play a vital role in driving the growth of the market in this region.

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The outbreak of COVID-19 has led to the large-scale transfer of sales from physical stores to digital stores, leading to large scale data usage by consumers of various sectors. Organizations are keeping up with their technology enhancement and investment to engage customer in times of panic buying and stay at home guidelines at global level. Organizations have succeeded in keeping productivity declines at minimal, with businesses providing all the essential infrastructure and technology support to their customers by adopting advertising and marketing strategies through digital media. Such factors have led to organizations adopting more geomarketing solutions leading to growth of the Geomarketing Industry.

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Key Market Players:

► Adobe

► Cisco Systems, Inc.

► CleverTap

► ESRI

► Galigeo

► Google LLC.

► HYP3R, Inc.

► IBM

► Microsoft

► Oracle

► PlotProjects

► Qualcomm Technologies, Inc.

► Saksoft

► Salesforce, Inc.

► Software AG

► Telefonaktiebolaget LM Ericsson

► Xtremepush

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

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Blockchain-as- a-Service Market to Generate $84.6 Billion by 2031- Growth Drivers and Future Scenarios

The global blockchain-as-a-service market generated $829 million in 2021, and is projected to reach $84.6 billion by 2031, growing at a CAGR of 59.3% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

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COVID-19 Scenario:

► The outbreak of the COVID-19 pandemic had a positive impact on the growth of the global blockchain-as-a-service market, owing to the presence of lockdowns in various countries across the globe.

► Lockdowns resulted in increased internet penetration during the pandemic, and hence, blockchain technology was increasingly used, boosting the growth of the market.

► In addition, growth in the popularity and adoption of cryptocurrency and nonfungible tokens (NFTs) and the rising popularity of metaverse and virtual marketplaces favourably impacted the growth of the market.

► Thus, the market is further expected to grow rapidly in the coming years.

The report offers detailed segmentation of the global blockchain-as-a-service market based on offering, enterprise size, application, industry vertical, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

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Based on offering, the tools segment held the dominating market share in 2021, holding more than half of the global market, and is expected to maintain its leadership status during the forecast period. The services segment, on the other hand, is expected to cite the fastest CAGR of 61.1% during the forecast period.

Based on industry vertical, the BFSI segment held the dominating market share in 2021, holding more than one-third of the global market, and is expected to maintain its leadership status during the forecast period. The retail and e-commerce segment, on the other hand, is expected to cite the fastest CAGR of 63.3% during the forecast period.

Based on enterprise size, the large enterprises segment held the dominating market share in 2021, holding three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The SMEs segment, on the other hand, is expected to cite the fastest CAGR of 61.0% during the forecast period.

Based on application, the payment segment held the lion’s share in 2021, holding nearly one-fourth of the global market. The retail and e-commerce segment, on the other hand, is expected to cite the fastest CAGR of 63.3% during the forecast period.

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Based on region, the market across North America held the dominating market share in 2021, holding around two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 64.2% during the forecast period.

Key Market Players:

► Accenture plc

► Altores

► AWS

► Bitfury

► Factom

► HPE

► Huawei technologies

► IBM CORPORATION

► Infosys limited

► Leewayhertz

► Microsoft Corporation

► Oracle Corporation

► Oodles Technologies

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies.

This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Green Data Center Market Predicted to Garner $303.9 Billion by 2031- Breaking all time Records

Rise in penetration of high-end cloud computing in companies, surge in need for scalability, and increase in expenditure on green data center technology drive the global green data center market. However, rise in demand for managed services and increase in concerns regarding data privacy hinder the market growth. On the contrary, rise in demand for multi-cloud and network upgrades to support 5G would open new opportunities in the future.

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Covid-19 scenario:

► The Covid-19 outbreak significantly affected the market. Manufacturing and production facilities across the globe were shut during the pandemic. This negatively impacted the global economy and created challenges for businesses and communities.

► Several countries suffered major losses in terms of business and revenue due to lack of raw materials and disruption of the supply chain.

► In addition, the pandemic enforced the industry to make short-term decisions that have long-term implications. Thus, the negative impact on the market is expected to continue for a short period.

By component, the solution segment held the lion’s share in 2021, accounting for nearly three-fifths of the global green data center market, as green data center solutions are effective and environmentally friendly in terms of data storage and energy consumption. However, the services segment is projected to portray the highest CAGR of 21.2% during the forecast period, due to surge in adoption of professional services for integration and deployment of green data center solutions.

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By industry vertical, the media and entertainment segment is anticipated is estimated to register the highest CAGR of 24.0% from 2022 to 2031. This is due to increase in storage demand and increase in data traffic in the media & entertainment industry. However, the BFSI segment held the lion’s share in 2021, contributing to more than one-fifth of the global green data center market, due to need for sustainable data management.

By enterprise size, the large enterprises segment dominated the market in terms of revenue generation in 2021, accounting for more than half of the global green data center market. This is due to adoption of green data center by large enterprises for efficient and cost-effective energy. However, the small and medium-sized enterprise segment is projected to register the highest CAGR of 21.3% during the forecast period, due to rapid innovation and technological investments by SMEs.

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By region, the global green data center market across North America held the largest share in 2021, accounting for nearly two-fifths of the market, due to infrastructure development and technology adoption in countries such as the U.S. and Canada. However, the market across Asia-Pacific is anticipated to register the highest CAGR of 24.7% during the forecast period, due to rise in digital and economic transformation in the region.

Key market players

► ABB LTD

► Cyber Power Systems

► Dell Technologies Inc.

► Delta Electronics, Inc.

► Digital Realty Trust, Inc.

► Eaton Corporation

► Hewlett-Packard

► Huawei Technologies

► IBM Corporation

► NEC Corporation

► Nortek Air Solutions

► NTT Corporation

► Schneider Electric

► ZutaCore

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Soy Protein Ingredients Market by 2030 Top Winning Strategies

The soy protein ingredients market was valued at $9,594.0 million in 2020, and is projected to reach at $15,303.9 million by 2030, registering a CAGR of 4.4% from 2021 to 2030. Soy protein ingredients are a product of soybean. They are is olated from soybean meal which has been defatted and dehulled. Defatted and dehulled soybeans are processed into three types of high protein products including soy protein concentrates, soy flour, and soy protein isolates. All these three types of soy protein ingredients contain 70% protein, 20% carbohydrates, 6% ash and around 1% oil. Soy protein ingredients provide almost all the types of amino acids for human nutrition and are identical to other legume pulses and are considered to be one of the least expensive sources of protein.

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Segment review

The global soy protein ingredients market is segmented into type, application, and region. Depending on type, it is classified into soy protein isolates, soy protein concentrates, and soy flours. The soy protein concentrate segment dominated the global market in 2020, and is anticipated to maintain its dominance throughout the forecast period. On the basis of application, the market is segregated into bakeries & confectioneries, meat alternatives, functional foods, dairy replacers, infant foods, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for more than 35% share of the total revenue in 2020, followed by Europe and Asia-Pacific.

By type, the soy protein ingredients market is divided into soy protein ingredients isolate, Soy Protein Concentrates and Soy Flours. The soy protein concentrate segment dominated the market in 2020, and is expected to gain maximum market share in the coming years.

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Covid-19 Impact Analysis

Soy protein ingredients industry was negatively impacted by the pandemic owing to the government restrictions and regulations to stay home which restricted the authorities to check the soy protein ingredients more efficiently like before.
the ability of some testing laboratories was conceded due to the pandemic, with the constraint to follow social distancing and the reduced availability of material and staff
This increase in sales is expect do to continue in the post COVID scenario due to the persistent consumer inclination towards health and wellbeing caused by the pandemic.

Key Benefits of the Report:

The report provides an extensive analysis of the current and emerging Soy protein ingredients market trends and opportunities.
The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing soy protein ingredients market opportunities in the market.
The soy protein ingredients market fore cast is offered along with information related to key drivers, restraints, and opportunities.
The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

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Wooden Decking Market Share, Top Vendors, Opportunities and Forecast by 2030

The Wooden Decking Industry is a resilient and growing sector of the construction and outdoor living industries. With its timeless charm, durability, and increasing emphasis on sustainability, wooden decking continues to be a favored choice for homeowners and designers. The market is driven by factors such as residential construction, renovation projects, and the demand for eco-friendly materials.

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Top Companies

Long Fence, West Fraser Timber Co. Ltd., Vetedy Group, Weyerhaeuser Company, Humboldt Redwood Company, Ufp Industries, Inc., Metsa Group, Setra Group Ab, Upm- Kymmene Corporation, James Latham Plc.

As the sun peeks through the clouds and the warm breeze beckons us outdoors, homeowners across the globe turn to wooden decking to create inviting, functional, and aesthetically pleasing environments. This article explores the evergreen appeal of wooden decking and delves into the current state of the wooden decking market.

Additionally, trends like customization, the development of low-maintenance options, and the rise of outdoor living spaces are shaping the industry’s future. As homeowners seek to create inviting and functional outdoor environments, wooden decking remains a key player in fulfilling their desires for both aesthetics and functionality.

Wooden decks have been a staple of residential and commercial spaces for decades. What is it about wood that makes it such a beloved choice? First and foremost, wood exudes natural beauty. The earthy, warm tones and the organic texture of wood create an inviting and cozy atmosphere. Whether you’re hosting a barbecue with friends or sipping your morning coffee, wooden decking provides an ideal setting. Durability is another hallmark of wooden decking. When properly maintained, wooden decks can last for decades. Their ability to withstand the elements, from scorching summer sun to freezing winters, makes them a reliable choice for outdoor spaces. Moreover, wood decks age gracefully, developing a charming patina over time that many find appealing.

The global wooden decking market size was valued at $13,858.7 million in 2020, and is projected to reach $18,624.0 million by 2030, registering a CAGR of 2.9% from 2021 to 2030. The housing market’s robust growth has led to increased demand for wooden decking. New homeowners are keen on creating outdoor living spaces, and wooden decks are a popular choice for achieving that goal.

Homeowners are investing in improving their existing properties, and wooden decking is often part of these renovation projects. The ability to refresh an outdoor space with wooden decking is a significant driver of market growth. With growing environmental awareness, sustainable decking materials are in high demand. Wooden decking, particularly when sourced from responsibly managed forests, is perceived as a more eco-friendly choice compared to alternatives like composite decking.

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Wooden decking’s timeless and versatile aesthetics make it a preferred choice among architects and designers. Its ability to seamlessly blend with various architectural styles is a significant selling point. While wooden decking does require periodic maintenance, its longevity and ability to be refinished or repaired make it an attractive option for homeowners willing to put in some effort to preserve their investment.

With the increasing focus on sustainability, consumers are gravitating towards wooden decking materials that come from responsibly managed forests. This trend is pushing the industry towards greater transparency and certifications to assure buyers of the wood’s origins. Homeowners are increasingly looking for unique and personalized outdoor spaces. Wooden decking manufacturers are responding by offering a wide range of wood species, finishes, and design options to cater to this demand. The concept of outdoor living spaces is gaining traction.

Homeowners are not just building decks; they’re creating entire outdoor rooms with seating, dining areas, and even outdoor kitchens. This trend has led to an increased demand for larger, multi-level decks. Technological Advancements: The wooden decking industry is incorporating technology to enhance the longevity and performance of wood. Innovations include pressure-treated lumber, advanced finishes, and coatings that protect wood from UV rays and moisture. DIY enthusiasts are turning to wooden decking kits that simplify the installation process. These kits provide pre-cut and pre-treated materials, making it easier for homeowners to take on deck-building projects themselves.

While the wooden decking market is on a growth trajectory, it faces challenges such as competition from alternative materials like composite decking and the need for consistent maintenance. However, these challenges also present opportunities for innovation, such as developing low-maintenance wooden decking products or hybrid solutions that combine the best of wood and composite materials.

Moreover, as the trend towards outdoor living spaces continues to evolve, there is a growing market for accessories like outdoor furniture, lighting, and heating elements that complement wooden decks. Manufacturers can tap into this market by offering integrated solutions.

Regional Analysis:

Region-wise, the global Wooden Decking Market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Wooden Decking Market share, and LAMEA is anticipated to secure a leading position during the forecast period.

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The wooden decking remains a symbol of timeless beauty, durability, and versatility. Its enduring appeal transcends trends, and it continues to hold a special place in the hearts of homeowners and designers alike. The wooden decking market is vibrant and growing, driven by a combination of factors such as sustainability, aesthetics, and the desire for functional outdoor living spaces. As technology and innovation continue to shape the industry, wooden decking is poised to adapt and thrive, ensuring its place as a cornerstone of outdoor design for generations to come.

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Fire Stopping Materials Market Size, Top Companies, Growth Insights and Forecast by 2030

The Fire Stopping Materials Industry is witnessing substantial growth as the need for fire safety measures becomes increasingly paramount. Fires can wreak havoc, causing loss of life, property damage, and financial distress. In light of these concerns, the demand for advanced fire stopping materials has surged, creating a burgeoning market that caters to various industries, including construction, manufacturing, and transportation. This article explores the current state of the fire stopping material market, its key drivers, challenges, and future prospects.

The global fire stopping material market size was valued at $1,352.8 million in 2020, and is projected to reach $2,002.4 million by 2030, registering a CAGR of 4.1% from 2021 to 2030

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Top Companies

3M Company, BASF SE, Etex Group, Hilti Group, Knauf Insulation, Morgan Advanced Materials, Rector Seal Corporation, RPM International, Inc., Sika AG, and Specified Technologies.

Fire stopping materials are crucial components in building construction and maintenance. They are designed to prevent the spread of fire, smoke, and toxic gases in the event of a fire. These materials play a vital role in safeguarding lives and property by containing fires and providing additional time for evacuation and firefighting efforts. Common fire stopping materials include fire-resistant sealants, fire-rated boards, intumescent materials, and firestop pillows.

Governments worldwide are enacting stricter building codes and regulations to enhance fire safety standards. This has propelled the demand for fire stopping materials, as compliance with these regulations is mandatory for construction projects. Increasing urbanization has led to a surge in construction activities, including high-rise buildings and infrastructure projects. This construction boom requires robust fire protection measures, boosting the demand for fire stopping materials.

High-quality fire stopping materials can be expensive, leading to cost concerns, especially for smaller construction projects. Balancing fire safety with budget constraints remains a challenge for many stakeholders. Despite growing awareness, some regions and industries still lack adequate knowledge about fire stopping materials and their importance. This knowledge gap can hinder market growth.

Proper installation of fire stopping materials requires skilled labor and expertise. Inadequate installation can compromise their effectiveness, necessitating comprehensive training and education programs. Building codes and regulations can vary significantly from one region to another, creating challenges for manufacturers and contractors to develop standardized products and solutions.

Market Segmentation

The fire stopping material market can be segmented based on various factors:

By Type – Sealants, Mortar, Boards, Others.

By Application – Electrical, Mechanical, Plumbing, Others

By End-Users

Residential, Commercial, Industrial, Others

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With heightened awareness about the devastating consequences of fires, property owners, businesses, and individuals are investing more in fire safety. This includes retrofitting existing structures with fire stopping materials. Continuous research and development efforts have led to the innovation of advanced fire stopping materials that offer higher fire resistance and ease of installation. These technological advancements have further fueled market growth.

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging fire stopping materials market trends and dynamics.

By type, the sealants segment dominated the fire stopping materials market share, in terms of revenue in 2020 and is projected to grow at a CAGR of 4.1% during the forecast period.

By application, the electrical segment registered highest growth in the fire stopping materials in 2020.

Asia-Pacific region is projected to register the highest growth rate in the coming years.

The report provides an extensive analysis of the fire stopping materials market opportunities.

In-depth fire stopping materials market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

Regional Analysis:

Region-wise, the global Fire Stopping Materials Market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Fire Stopping Materials Market share, and LAMEA is anticipated to secure a leading position during the forecast period.

The global fire stopping material market is projected to continue its growth trajectory in the coming years. The increasing emphasis on fire safety, coupled with rapid urbanization, will be primary drivers of market expansion. Technological advancements will lead to the development of more efficient and cost-effective fire stopping materials, further bolstering market demand.

North America and Europe are expected to dominate the market due to their strict building regulations and a mature construction industry. However, the Asia-Pacific region, with its booming construction sector, is poised to witness the fastest growth. Latin America and the Middle East & Africa regions are also likely to contribute to market growth as awareness about fire safety increases.

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The fire stopping material market is playing a vital role in ensuring the safety of lives and property. As governments, businesses, and individuals become more aware of the risks associated with fires, the demand for advanced fire stopping materials will continue to rise. While challenges such as cost constraints and regulatory variability persist, ongoing technological advancements and education efforts will contribute to market growth. Ultimately, the fire stopping material market is not just a thriving industry but also a crucial component in building a safer and more secure future for communities worldwide.

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Anti-Counterfeit Electronics and Automobiles Packaging Market Rising Trends, Top Brands and Global Demand 2015 to 2020

A new report by Allied Market Research, titled, “World Anti-Counterfeit Electronics and Automobiles Packaging – Market Opportunities and Forecasts, 2014 -2020”, forecasts the global anti-counterfeit electronics and automobiles packaging market to grow at a CAGR of 10.1% from 2015 to 2020. Hologram technology would dominate the authentication packaging technology market and is expected to reach $8.0 billion in 2020. Taggants technology segment is projected to register the highest CAGR of 21.4% during 2015 – 2020.

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Be it fake memory chips or refurbished automotive components sold as new, every year counterfeit electronic goods and automobile accessories surge the market in large numbers. Businesses and consumer within automotive and semiconductor industry are respectively losing about $3 billion and $75 billion annually. The high value of counterfeiting has spiked the demand of anti-counterfeit technologies within these industries. Additionally, factors such as advanced tracking technologies and adoption of RFID technology is also contributing to the growth of this market. Moreover, the increasing consumers awareness about counterfeit products and rising government efforts to counter electronic and automotive counterfeiting in developed as well as developing nations is supplementing the market growth. However, high cost associated with implementation of product identification setups and impact of anti-counterfeit products on distribution process would limit the market growth.

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Conventional authentication technologies such as holograms, inks and dyes are the highest revenue generator in the global anti-counterfeit electronics and automobiles packaging market owing to their economic pricing and ease of application. Track and trace technologies are gaining popularity as potential solution for product tracking and authentication. Barcode is one of the leading technology in track and trace solution and is widely used across electronics industry.

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Key findings of the study:
• Inks & dyes and holograms collectively accounted for about 91.2% of the revenue generated in 2014
• RFID technology market segment would grow with highest rate during the forecast period, owing to its accuracy and multiple applications
• North America will continue to lead the global anti-counterfeit packaging (electronics and automobiles) market, closely followed by Europe, all through to the forecast period
Technologies have a significant impact on the global anti-counterfeit packaging (electronics and automobiles) market. The advent of novel technologies leads to introduction of new and advanced product lines in anti-counterfeit packaging market. In order to gain the maximum market share, key leaders of the anti-counterfeit packaging (electronics and automobiles) market have adopted product launch as a key growth strategy, which is proved to be highly successful for this market. Key companies profiled in this report are, Alien Technology Corp., AlpVision, Zebra Technologies Corp., Avery Dennison Corp., Giesecke & Devrient (G&D), Impinj Incorporation, Datamax-O’Neil (Honeywell), Applied DNA Science, InkSure Technologies Inc. and IAI industrial systems.

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Platter Substrate Materials Market Business Outlook, Growth and Opportunity 2020

Allied Market Research published a report, titled, “Platter Substrate Materials Market by Type (Aluminum Disk and Glass Disk) and Application (Electronics, Aerospace, National Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.” According to the report, the global platter substrate materials industry was estimated at $327.0 thousand in 2020, and is anticipated to hit $687.3 thousand by 2030, registering a CAGR of 7.8% from 2021 to 2030.

Drivers, restraints, and opportunities-
Developments in the consumer electronic industry and rise in demand for platter substrate materials due of its properties drive the growth of the global platter substrate materials market. On the other hand, the issue of material differentiation restrains the growth to some extent. However, growing investment in high-end technology from major hard disk drive players is anticipated to create lucrative opportunities in the industry.

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COVID-19 scenario-
Shutdown of manufacturing units in the majority of countries gave way to steep decline in production of hard disk drives, especially during the initial phase. Accordingly, the demand for platter substrates also experienced an abrupt fall, thereby impacting the global platter substrate materials negatively.
However, as the global situation gets better, the market is anticipated get back on trail soon.
The glass disk segment to dominate by 2030-

Based on type, the glass disk segment dominated with the largest share in 2020, holding around three-fifths of the global platter substrate materials market. The same segment is also expected to cite the fastest CAGR of 8.3% throughout the forecast period, due to rise in production of laptops in the majority of countries.

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The electronics segment to maintain the dominant share-
Based on application, the electronics segment held the highest market share in terms of revenue, accounting for nearly three-fifths of the global platter substrate materials market. The same segment is also estimated to cite the fastest CAGR of 8.2% during the forecast period. This is attributed to growing demand for consumer electronics products such as laptop and hard disk drive recorders across the globe.

Asia-Pacific, followed by North America, garnered the major share in 2020-
Based on region, the market across Asia-Pacific, followed by North America, dominated the market with the major share in 2020, accounting for around two-fifths of the global platter substrate materials market. The same region is also expected to witness the fastest CAGR of 8.3% from 2021 to 2030. This is due to growing production of hard disk drives in countries such as China, Japan, and Thailand.

Key players in the industry-
ASE Technology Holding Co., Ltd.
SCHOTT AG
IBIDEN Co. Ltd.
Seagate Technology Holdings plc.
Denka Company Limited
Hoya Corporation
ALPS Electric Co., Ltd.
Showa Denko K.K.
FUJIFILM Holdings Corporation
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