A Market Place Research – Page 1148

Lab Grown Diamonds Market Expected to Reach $49.9 Billion by 2030

According to a new report published by Allied Market Research, titled, “Lab Grown Diamonds Market by Manufacturing Method, Size, Nature, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global lab grown diamonds market size was valued at $19.3 billion in 2020, and is projected reach $49.9 billion by 2030, registering a CAGR of 9.4% from 2021 to 2030.

Diamonds are heavily used in the industrial sector and mechanical engineering operations in tools such as saws, drills, polishers, and cutters. Diamond tipped drill bits and diamond coated saw blades makes cutting and drilling operations faster and easier. Different grits of powdered diamonds are also used as industrial abrasives. Lab grown diamonds with added boron have semiconductor like properties that can exceed traditionally used silicone and replace silicone as a major component in electronic operations. Some polished diamonds are used for different optic applications such as particle accelerators, laser systems, and other similar high-powered equipment. Research is being conducted to heck usability of diamonds in the medical field in the form of components in prosthetics and high precision surgical equipment. It is now been used by dermatologists for skin exfoliation in some types of chemotherapy to aid with the absorption of medicines into patient’s body. These industrial applications of lab grown diamonds and further research into the same is expected to the foster lab grown diamonds market growth.

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Techniques for growing diamonds in labs and factories were first invented in the 1950s, in the form of HPHT. It was used for creation of diamonds that were small and mostly useful for industrial applications. CVD technology of creating diamonds was invented in the 1980s, and further innovation in diamond manufacturing technology led to creation of techniques for making diamonds that were bigger and could reach sizes of 10 carats and more. Use of renewable energy in the making of diamonds is increasing and use of laser technology for cutting diamonds is also gaining more traction in the market. Further research and innovations can make lab grown diamonds production easier and more efficient, which is expected to have a very positive impact on the lab grown diamonds market in the upcoming years, increasing the lab grown diamonds market demand.

The lab grown diamonds market was significantly impacted during the initial phase of the pandemic, however, the market has started rebounding toward the end of 2020. Disruption in supply chain across China and later from India negatively impacted the market, as these countries are the top exporters of lab grown diamonds and hold a significant lab grown diamonds market share across the world. Nevertheless, the market is expected to gain high momentum in upcoming years due to emerging lab grown diamonds market trends.

The global lab grown diamonds market is segmented on the basis of manufacturing method, size, nature, application, and region. By manufacturing method, the global market is bifurcated into HPHT and CVD. By size it is segmented into below 2 carat, 2–4 carat, and above 4 carat. By nature, it is bifurcated into colorless and colored. On the basis of application, it is studied across fashion and industrial. The global lab grown diamonds market is also studied across North America, Europe, Asia-Pacific, and LAMEA.

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Key Findings Of The Study

By manufacturing method, the chemical vapor deposition (CVD) segment leads in terms of market share and is projected to grow with the highest CAGR during the forecast period.

Depending on the size, the below 2 carat segment is the most widely used diamond across both industrial and fashion purposes.
By nature, the colorless segment leads in terms of market share, however, the colored segment is expected to gain high popularity during the forecast period.

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By application, diamonds find its prominent use in the fashion industry occupying about three-fourths of market share in 2020.
By region, North-America leads, in terms of market share, however, Asia-Pacific is poised to grow with highest CAGR during the forecast period.
Some of the major players profiled in the lab grown diamonds market analysis include ABD Diamonds, Clean Origin, De Beers Group, Diam Concept, Diamond Foundry Inc., Henan Huanghe Whirlwind Co., Ltd, Mittal Diamonds, New Diamond Technology LLC, Swarovski AG, and WD Lab Grown Diamonds. Other prominent players analyzed in the report are Applied Diamond Inc., D.NEA Diamonds, Zhengzhou Sino-Crystal Diamond Co., Sahajanand Laser Technology Limited (SLTL Group), Finegrowndiamonds, Zhongnan Diamond Co. Ltd, and Sumitomo Electric Industries Ltd

Similar Report :-
Diamond Jewelry Market
Gemstones Market

Check out more related studies published by AMR Research:–

https://www.prnewswire.com/news-releases/luxury-handbag-market-to-reach-89-9bn-globally-by-2026-at-5-6-cagr-allied-market-research-301174516.html

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RegTech Market to Grow at a CAGR of 22.3% to Reach USD 28.33 Billion by 2027

Allied Market Research published a report, “RegTech Market by Component (Solution and Services), Deployment Type (On-Premises and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)), Application (Anti-money Laundering (AML) & Fraud Management, Regulatory Intelligence, Risk & Compliance Management, Regulatory Reporting, and Identity Management), End User (Banks, Insurance Companies, FinTech Firms, IT & Telecom, Public Sector, Energy & Utilities, and Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027”.

As per the latest report, Over the next few years, the market will witness a major spike in CAGR. Technological innovations and increased disposable income would contribute significantly to market growth. The report offers a comprehensive study of major market players, key trends, and driving factors.

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The global RegTech Market market report includes detailed information regarding driving factors and opportunities that propel the market growth. Moreover, the report involves an analysis of challenges and restraining factors, which helps market entrants understand pitfalls in the industry. Technological advancements and a surge in demand are the prime reasons behind the market growth. The untapped potential in developing countries would open new opportunities in the coming years.

The market growth is analyzed using several strategic tools and methods. The SWOT analysis and Porter’s Five analysis are offered in the report. These tools offer a detailed analysis of major determinants of market growth and are essential for leveraging lucrative opportunities in the market.

The Report will help the Leaders:
• Figure out the market dynamics altogether
• Inspect and scrutinize the competitive scenario and the future market landscape with the help of different strictures including Porter’s five forces
• Understand the impact of different government regulations throughout the global health crisis and evaluate the global & Asia-Pacific radar market condition in the tough time
• Consider the portfolios of the protruding players functional in the market in consort with the thorough study of their products/services
• Have a compact idea of the highest revenue-generating segment

The global RegTech Market market report provides detailed segmentation of the market.

Key Segmentation

By Component	SOLUTION SERVICES
By Deployment	Cloud ON-PREMISES
By Enterprises	LARGE ENTERPRISES SMALL &MEDIUM ENTERPRISES (SMES)
By Application	ANTI-MONEY LAUNDERING (AML) & FRAUD MANAGEMENT Regulatory Intelligence Risk and Compliance Management Regulatory Reporting Identity Management
By End User	Banks Insurance Companies FinTech Firms IT & Telecom Public Sector Energy & Utilities Others
By Region	North America (U.S., Canada) Europe (UK, Germany, France, Italy, Spain, Rest of Europe) Asia-Pacific (China, India, Japan, Singapore, Australia, Rest of Asia-Pacific) LAMEA (Latin America, Middle East, Africa)

The report includes a comprehensive analysis of sales, revenue, growth rate, and market shares of every segment during the historic period and forecast period along with charts and tables.

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The Covid-19 pandemic had a significant impact on the growth of the global RegTech Market market. The prolonged lockdown across several countries and restrictions on import-expert disrupted the supply chain. Moreover, the lack of workforce and increased prices of raw materials affected the market.

The global RegTech Market industry is analyzed based on the region along with the competitive landscape in each region. The regions included in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to formulate business strategies and open lucrative opportunities.

The global RegTech Market market report includes a detailed analysis of the top 10 market players active in the global market. The study includes sales, production, and revenue analysis. The prime market players are ACTICO GMBH, ACUANT, INC., ASCENT, BROADRIDGE FINANCIAL SOLUTIONS, INC., COMPLYADVANTAGE, INTERNATIONAL BUSINESS MACHINES (IBM), METRICSTREAM INC., NICE LTD., THOMSON REUTERS, WOLTERS KLUWER N.V.. These market players have adopted several business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain their market presence in the market. The market report includes statistics, tables, and charts to offer a detailed study of the RegTech Market industry.

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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 the 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 the 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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Zero Energy Buildings Market Is Estimated To Reach $403 Billion By 2031 | Growing At A CAGR Of 18.7%

The zero energy buildings market size was valued at $71.7 billion in 2021, and is estimated to reach $403 billion by 2031, growing at a CAGR of 18.7% from 2022 to 2031.

Commonly observed components of zero energy buildings include lighting, HVAC systems, and others. Among these, the HVAC segment accounted for the largest zero energy buildings market share in 2021, owing to high demand for energy efficient HVAC systems. Further, the building components segment under the solution, registered highest revenue in 2021, owing to large number of installations of building components in buildings, such as air conditioners, and heating appliances. In addition, the market is analyzed among different applications of zero energy building components, which includes residential and non-residential. The market is mainly driven by combined global efforts for reducing greenhouse gas emissions and rise in building construction activities due to rapid urbanization. However, the high initial cost of zero energy building systems, is expected to restrain the growth of zero energy buildings market.

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In 2021, North America dominated the global zero energy buildings market, in terms of revenue. Moreover, the market in Asia-Pacific is expected to grow with high CAGR, owing to rise in urbanization.

The rise in global population and rapid urbanization propels the growth of the building construction sector; thereby, driving demand in zero energy buildings market. Further, various government initiatives that have incentivized the adoption of zero-energy buildings and its components is expected to positively influence zero energy buildings market growth.

Furthermore, on the basis of application, the residential segment is anticipated to grow rapidly during the forecast period, owing to rising urbanization.

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Key players in the market have adopted various strategies to sustain the competition in the market. For instance, in October 2020, Mitsubishi Electric Corporation, expanded its R&D facility by constructing ‘SUSTIE’, a net zero-energy building (ZEB) test facility. This facility will assist in development and testing of ZEB-compliant energy-conservation technologies.

However, various manufacturers and building contractors in the zero energy buildings market had to stop their business in countries such as Japan, the U.S., Europe, and Australia, during the pandemic lockdown. This break directly impacted the growth of zero energy buildings component manufacturing companies. In addition, lack of manpower and raw materials constricted supply of raw materials for zero energy buildings; and negatively influenced the growth of the market. However, after two years of COVID-19 outbreak and introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

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Key companies profiled in the Zero energy buildings market forecast report include Altura Associates, Canadian Solar Inc., DABITRON Group Canary Islands, Daikin industries Ltd., GreenTree Global, Honeywell International Inc., Integrated Environmental Solutions, Johnsons Control International Plc, Kingspan Group Plc., Mitsubishi Electric Corporation, NEO LLC, Saint-Gobain (Sage glass), Schneider Electric, Siemens AG, Solatube International, SunPower Corp., and Trane Technologies plc.

Key Findings of the Study

The report provides an extensive analysis of the current and emerging zero energy buildings market trends and dynamics.
By component, the HVAC system segment dominated the zero energy buildings market, in terms of revenue in 2021 and others segment is expected to grow at a significant CAGR during the forecast period.
By solution, the building components segment registered higher revenue in 2021.
By application, the residential segment is expected to grow at a higher CAGR during the forecast period.
Asia-Pacific is projected to register highest growth rate in the coming years.
The key players within the zero energy buildings market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the zero energy buildings industry.
The report provides an extensive analysis of the current and emerging zero energy buildings market opportunities .
In-depth zero energy buildings market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

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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. 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 to make strategic business decisions and achieve sustainable growth in their respective market domain.

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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Allied Analytics LLP
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Mulcher Attachment Equipment – https://www.einpresswire.com/article/598927821/mulcher-attachment-equipment-market-expected-to-reach-0-80-billion-by-2030-industry-revenue-trends-analysis

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Key Insights on $7.4 Billion Opportunity in the Champagne Market – Laurent Perrier, Centre Vinicole | Champagne Nicolas Feuillatte, Louis Vuitton SE

According to a new report published by Allied Market Research, titled, “Champagne Market by Price Point, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global champagne market size was valued at $5.8 billion in 2018, and is anticipated to reach $7.4 billion by 2026, with a CAGR of 3.2% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $1.6 billion from 2018 to 2026. Non-vintage Brut is the most popular champagne preferred by consumers, due to its aroma, taste, quality and reasonable pricing. Champagne serves as an ideal choice of celebration drink for sports events, weddings, corporate events, anniversaries, and other joyous occasions. Owing to increase in disposable income, consumers from upper middle class and middle-income group have inclined toward the consumption of champagne as it is considered as a status symbol.

Global Key Leaders:

Laurent Perrier, Centre Vinicole – Champagne Nicolas Feuillatte, Louis Vuitton SE, Taittinger, Pernod Ricard, LANSON-BCC, Thiénot Bordeaux-Champagnes, Piper-Heidsieck, Pommery, and Veuve Clicquot Ponsardin

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The growth of the champagne market is propelled by upsurge in demand for luxury alcoholic beverages of fine quality. In addition, use of champagne as an ingredient in wide range of cuisines is expected to drive the champagne market growth in the near future.

Moreover, manufacturers are increasingly investing in R&D to provide innovative flavors of champagne to gain competitive advantage over other players in the market.

The champagne market is segmented into price point, distribution channel, and region. By price point, the market is categorized into economy, mid-range, and luxury. Economy category of champagne in terms of price point has been the most preferred choice of champagne among the consumers, due to the combination of quality and reasonable pricing.

The economy segment accounted for more than half of the market share in the global champagne market in 2018, and the trend is likely to be followed in the near future. However, the luxury segment is projected to grow at a significant rate in the near future, owing to increase in aspiration of consumers toward experiential luxury.

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On the basis of distribution channel, the market is categorized into supermarket/hypermarket, specialty stores, on trade, and others. The supermarket/hypermarket segment led the market in terms of share, and is expected to grow at a significant growth rate during the forecast period owing to the expansion of the organized retail in the developing countries.

\The on trade segment is anticipated to grow at the highest rate during the champagne market forecast period. This is attributed to upsurge in number of luxury hotels, bars, & restaurants and increase in number of consumers seeking for attractive ambience and exclusivity.

Region wise, the champagne industry is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Belgium, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa). Europe led the market for champagne globally, due to high per capita consumption of champagne in majority of the countries in Europe, including France, Germany, Italy, and the UK. France accounted for around half of the global consumption of champagne in 2018.

This is attributed to the fact that champagne is produced in the Champagne region of France, and is shipped to other regions in the country and exported globally. Moreover, consumers in Europe are attracted by new flavors of champagnes, which has further propelled the growth of the market. However, Asia-Pacific is expected to witness the highest CAGR, owing to rise in average spending of middle income & upper middle income population on luxury goods owing to increase in disposable income in the region.

Key Findings of the Study:

By price point, the economy segment is projected to witness the fastest growth, registering significant CAGR of 3.3% during the forecast period and is estimated to reach $ 5.0 billion by 2026.
In 2018, by distribution channel, the supermarket/hypermarket segment held the highest share, accounting for one-third of the global champagne market share.
In 2018, France was the most prominent market in the Europe region and accounted for around half of the global champagne market.

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Process Orchestration Market Value to Achieve USD 22.9 Billion by 2031

According to the report, the global process orchestration market generated $4.4 billion in 2021, and is estimated to reach $22.9 billion by 2031, witnessing a CAGR of 18.4% from 2022 to 2031.

Rise in adoption of business process automation technologies to improve quality, efficiency, and interactions with other companies & customers along with increase in deployment of sufficient business solutions by organizations to reduce operational costs drive the growth of the global process orchestration market. However, lack of knowledge among users, misunderstanding regarding importance of process orchestration, and increase in regulations & compliance requirements hinder the market growth. On the other hand, the integration of advanced technologies such as artificial intelligence and improvement in IT methods to meet dynamic requirements of customers create new opportunities in the coming years.

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The software segment to maintain its leadership status during the forecast period

Based on component, the software segment accounted for the highest market share in 2021, contributing to more than three-fifths of the global process orchestration market, and is expected to maintain its leadership status during the forecast period. This is due to help in standardizing, consolidating, and automating the best practices for business processes in complex environments. However, the services segment is expected to witness the highest CAGR of 19.8% from 2022 to 2031. This is owing to increase in implementation of orchestration services for various strategies to ensure smooth running and troubleshooting of the any glitches.

The BFSI segment to maintain its lead position during the forecast period

Based on industry vertical, the BFSI segment held the highest market share in 2021, accounting for nearly one-fourth of the global process orchestration market, and is expected to maintain its lead position during the forecast period. This is attributed to rapid adoption of digital technologies and channels by banking institutions around the world raise their footprint and revenue. However, the healthcare and pharmaceuticals segment is projected to manifest the fastest CAGR of 21.5% from 2022 to 2031, owing to increase in digitalization of services, adoption of effective and cost-efficient care models, and personalized healthcare that promotes self-care.

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North America to maintain its dominance in terms of revenue by 2031

Based on region, North America contributed to the highest market share in terms of revenue in 2021, accounting for more than two-fifths of the global process orchestration industry, and is expected to maintain its dominance in terms of revenue by 2031. This is due to several factors such as surge in digitalization, adoption of process orchestration tools by end users such as BFSI and retail along with the presence of key players in the region. However, Asia-Pacific is projected to manifest the fastest CAGR of 20.6% during the forecast period. This is attributed to the economic transformation, globalization, and digitization along with increase in cloud-based process orchestration solutions.

Leading Market Players –

SAP SE
International Business Machines Corporation
Oracle Corporatio
Computer Associates International Inc
Cisco Systems Inc.
Fujitsu Limited
TIBCO Software Inc.
Software AG
HCL Technologies Ltd.
Wipro Limited

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Key Findings of the Study –

By component, in 2021 the software segment dominated the Process Orchestration market size.
Depending on deployment, the on-premise generated the highest revenue in 2021 of Process Orchestration market share. However, cloud segment is expected to exhibit significant growth during the forecast period.
Region wise, the Process Orchestration industry was dominated by North America region in 2021. However, Asia-Pacific is expected to witness significant growth in the forecasted period.

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Buy Now Pay Later Market Drivers Shaping Future Growth, Revenue USD 3.98 trillion by 2030 | CAGR 45.7%

Allied Market Research published a report, “Buy Now Pay Later Market By Channel (Online and POS), Application (Retail Goods, Media & Entertainment, Healthcare & Wellness, Automotive, Home Improvement and Others), and End User (Generation X, Generation Z/Millennials and Baby Boomers): Global Opportunity Analysis and Industry Forecast, 2021-2030”.

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The global Buy Now Pay Later Market market report includes detailed information regarding driving factors and opportunities that propel the market growth. Moreover, the report involves an analysis of challenges and restraining factors, which helps market entrants understand pitfalls in the industry. Technological advancements and a surge in demand are the prime reasons behind the market growth. The untapped potential in developing countries would open new opportunities in the coming years.

The global Buy Now Pay Later Market market report provides detailed segmentation of the market.

Buy Now Pay Later Market Key Segments

By Channel

Online Channel
POS Channel

By Application

Retail Goods
Media & Entertainment
Healthcare & Wellness
Automotive
Home Improvement
Others

By End User

Generation X
Generation Z/Millennials
Baby Boomers

By Region

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

The report includes a comprehensive analysis of sales, revenue, growth rate, and market shares of every segment during the historic period and forecast period along with charts and tables.

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The Covid-19 pandemic had a significant impact on the growth of the global Buy Now Pay Later Market market. The prolonged lockdown across several countries and restrictions on import-expert disrupted the supply chain. Moreover, the lack of workforce and increased prices of raw materials affected the market.

The global Buy Now Pay Later Market industry is analyzed based on the region along with the competitive landscape in each region. The regions included in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to formulate business strategies and open lucrative opportunities.

The global Buy Now Pay Later Market market report includes a detailed analysis of the top 10 market players active in the global market. The study includes sales, production, and revenue analysis. The prime market players are Affirm Holdings Inc., Afterpay, Klarna Bank AB, Laybuy Group Holdings Limited, PayPal Holdings Inc., Payl8r (Social Money Ltd.), Perpay, Quadpay, Sezzle and Splitit.. These market players have adopted several business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain their market presence in the market. The market report includes statistics, tables, and charts to offer a detailed study of the Buy Now Pay Later Market industry.

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Vacation Rentals Market to Reach $315.0 Billion, Globally, by 2031 at 12.4% CAGR

Vacation rental refers to transient public lodging property let out on rent to tourists as an alternative to hotels

According to a new report published by Allied Market Research, titled, “Vacation Rentals Market,” The Vacation Rentals Market Size was valued at $91.20 billion in 2021, and is estimated to reach $315 billion by 2031, growing at a CAGR of 12.4% from 2022 to 2031. Vacation rental refers to transient public lodging property let out on rent to tourists as an alternative to hotels. Typically, vacation rentals stays are shorter than 30 days. They consist of furnished apartments and professionally managed resorts or houses. Some popular vacation rentals worldwide include Airbnb, Expedia, HomeAway, VRBO, and others. Tourism is one of the fastest growing industries in the world and the vacation rental business is one of the most important sectors driving the growth.

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The vacation rental industry is changing as quickly as it is growing and keeping up with the latest Vacation Rentals Market Trends can be a daunting task. The days of guests being satisfied with the amenities of the traditional motor lodge, motel, or hotel are long gone. A more personalized service is rising to maintain high occupancy rates, and the wants and needs of guests seem to change by the minute.

In addition, consumers are shifting their spending pattern from durable goods to recreation and travel. Experiential value refers to people’s satisfaction through the experience of using a product or service. There has been a fundamental change in consumer values toward experience, since the spending on experiences such as travel and leisure has increased. Therefore, the travel industry has witnessed exponential growth, which has consequently shown a positive effect on the accommodation sector. However, fraud attacks on travel accommodation are rampant and frauds have increased with continuous evolution in fraudulent techniques. Consumers today turn toward digital channels for making online accommodation bookings, due to increased convenience and flexibility. However, the online booking scams have also witnessed a manifold increase. This has created an inexplicable challenge not only for the e-commerce merchants, but also for the industry.

However, political unrest and terrorist attacks hampers the overall market growth. Political unrest and terrorism have affected the overall volume of foreign trips and choice of destination. Terrorism risk tends to profoundly intimidate the tourist affecting tourist perceptions of destinations and travel behaviour. A mismanaged disaster results in tarnishing the destination’s image, thereby impacting the revenues negatively in local tourism industry. For instance, Sri Lanka endured a long tourist slump in wake of the recent terror attacks in past couple of years. Aftermath of terror attacks in the country has resulted in cancelling of bookings to Sri Lanka by various tour operators. A similar catastrophic effect has been endured by the tourism industry of France after the Paris attacks, resulting in a loss of more than $787 million.

The trend of solo travellers has risen significantly over the past few years. It is driven by the desire of travellers to explore and learn new things or take a break from busy schedules, which is boosting Vacation Rentals Market Demand. According to Hostelworld, the bookings by solo travellers increased by 42% between 2015 and 2020. It has gradually become one of the fastest growing travel subsets. For this reason, accommodations that enable consumers to reside in simple-affordable vacation rentals such as Airbnb, and Tripping have gained traction in the market. Hence, this trend can be regarded as an opportunity for the global vacation rental market.

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The Vacation Rentals Market is segmented into accommodation, price point, booking, location type, end user generation and region. The accommodation segment home, condos, hometown and villas. On the basis of price point, the market is categorized into economy, mid-range, and luxury. Depending on mode of booking, it is segregated into online travel agency, hotel website, and others. The location type covered in the study include resort area, rural area, small towns and others. Based on end user generation the market is classified as Gen Z, Millennials, Gen X, and Boomers.Region wise, it is studied across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, Switzerland, and rest of Europe), Asia-Pacific (India, China, Japan, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

They key players included in the vacation rental market analysis are MakeMyTrip Pvt. Ltd., Airbnb Inc., Tripping.com, TripAdvisor Inc., Extra Holidays, novasol as, HomeToGo, 9flats.com, Expedia, Inc., Vrbo, Booking.com, Hotels.com, HotelsCombined, Hotwire, Inc., Yatra Online Private Limited, Homestay.com, and atraveo gmbh.

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Key findings of the study

By accommodation, the home segment has the highest Vacation Rentals Market Share in 2021, and is estimated to grow at a CAGR of 12.4% during the forecast period. However, the villas segment is expected to witness higher Vacation Rentals Market Growth rate during the forecast.

Depending on Vacation Rentals Market Forecast by price point, the mid-range segment led the market in 2021, and is estimated to grow at a CAGR of 12.3% during the forecast period. However, the luxury segment dominated the global market owing to rise in disposable income.

On the basis of vacation rental market analysis by booking, the direct booking segment exhibited the highest growth in 2021, and is estimated to register a CAGR of 12.3% during the forecast period. However, the luxury segment is expected to witness a high growth rate of 13.1% during the forecast period.

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Check out more related studies published by AMR Research:–

https://www.globenewswire.com/en/news-release/2021/10/28/2322917/0/en/Global-Travel-Retail-Market-to-reach-145-0-Billion-by-2028-Allied-Market-Research.html

Coconut Products Market Trends in 2019 | Booming Worldwide with Huge Opportunities Till 2026

Growing awareness regarding the health benefits and applications of coconut products in a range of food & beverages, and personal care products among consumers in developed countries is likely to propel the demand for coconut products market.

Coconut Products Market size was at $11.5 billion in 2018 and is anticipated to reach $31.1 billion by 2026, with a CAGR of 13.6% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $19.7 billion from 2018 to 2026. The market growth is propelled by the rise in demand for coconut water as an energy drink. Active and health conscious consumers have shifted their preference toward natural alternatives to caffeinated and sugar-based energy drinks. Hence, the demand for coconut water as a natural energy drink is growing rapidly due to its nutritional properties such as electrolytes and nutrients, which is expected to drive the coconut products market growth.

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Increase in use of coconut-based products in food and beverage applications is expected to drive the market for coconut products in the future. Coconut products are widely used as ingredients in variety of processed food products such as cookies, cakes, pies, soups, salads, milkshakes, and ice cream. With growth in consumption of processed food products, owing to the rise in urban population, the demand for coconut products is expected to grow at a significant rate in near future.

The coconut products market is segmented on the basis of type, application, form, and region. Based on type, the coconut products market is categorized into coconut water, coconut oil, coconut milk, dried coconut products, and others. Coconut oil is widely used in cosmetics industry and is one of the prime products in hair care, thus is expected to influence the overall coconut products industry. The coconut oil segment was valued at $6.1 billion and is expected to grow with a CAGR of 5.6% from 2019 to 2026, to reach $9.4 billion by 2026. The coconut water segment is estimated to be the fastest growing segment, with a CAGR of 23.8% during the forecast period. The fastest growth of coconut water segment is attributed to growth in consumption of natural energy drinks and health concerns among the consumers.

On the basis of application, it is categorized into food, beverage, cosmetics, and others. The cosmetics segment was valued at $7.0 billion and is expected to growth with a CAGR of 13.3% during the forecast period. The segment is expected to reach $18.6 billion by 2026. The beverage segment is anticipated to be the fastest growing segment, with a CAGR of 14.7% during the forecast period.

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On the basis of form, the liquid segment held a significant share in the global market in 2018. However, the solid segment is expected to garner a considerable share, owing to increase in demand for coconut-based snacks as healthy alternatives to conventional snack products across the globe. In addition, benefits such as easy handling and longer shelf life further adds to its market attractiveness.

On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, the Netherlands, and Rest of Europe), Asia-Pacific (India, Indonesia, China, the Philippines, South Korea, Vietnam, Malaysia, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa). The Philippines, Indonesia, and India are the leading producers of coconut, accounting for around three fourth of the global production. The Philippines and Indonesia are the major exporters of coconut products globally. Asia-Pacific is leading the market, in terms of consumption and is likely to grow at the highest CAGR due to growth in demand for coconut products as an ingredient from food & beverage, cosmetics, and other industries.

The key players profiled in this report include The Coconut Company (UK) Ltd., Marico Ltd., Vita Coco, Sambu Group, Metshu exports (pvt) ltd, Cocomate, Klassic Coconut, Cocotana Coconut Products, Universal Coco Indonesia, and Thai Coconut Public Company Limited.

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Key Findings of the Coconut Products Market:

The coconut products market was valued at $ 11.5 billion in 2018 and is estimated to reach $31.1billion by 2026, growing at a CAGR of 13.6% during the forecast period.
By type, the coconut water segment is estimated to witness the fastest growth, registering a CAGR of 23.8% during the forecast period.
In 2018, by application, the cosmetics segment held the highest share, accounting for more than half of the global coconut products market share.
In 2018, India was the most prominent market in the Asia-Pacific region and is expected to grow at a significant CAGR throughout the forecast period.

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 to make strategic business decisions and achieve sustainable growth in their respective market domain.

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

High-intensity Sweeteners Market Size, Comprehensive Research Study, Demand, Growth, Segmentation and Forecast to 2031

High-intensity Sweeteners Market was valued at $1,897.30 million in 2020, and is estimated to reach $2,920.10 million by 2031, growing at a CAGR of 3.7% from 2022 to 2031.

High-intensity sweeteners are widely used as an alternative to sugar to enhance and sweeten various food & beverages. Moreover, these compounds are several times sweeter than regular sugar; and hence, are required in lower concentration for sweetening the products. These are used as replacements to sucrose (sugar) due to their overall sweeter taste and low-calorie content.

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The major companies profiled for high-intensity sweeteners industry include Hyet Sweet, Tate and Lyle, Plc., Celanese Corporation, Cumberland Packing Corporation, Merisant, Ajinomoto Co., Inc., Hermes Sweeteners Ltd., JK Sucralose, Inc., Heartland Food Products Group, and Stevia First Corporation. These market players are adopting various marketing strategies such as product launch, partnership, joint venture, merger, and acquisition.

The global high-intensity sweeteners market witness’s significant growth, owing to ongoing developments and new applications in the food industry including, dairy products & baked goods. In addition, concerns about health and nutrition among the population are the key drivers of the market. Moreover, stevia extract, a sweetener derived from the leaves of stevia shrub, is widely used by consumers apart from the monk fruit extract. Furthermore, surge in the number of health-conscious consumers, especially in the developing economies and rise in incidences of diabetes and obesity have led to change in dietary habits of consumers. Thus, high-intensity sweeteners have replaced sugar as a food additive to prevent these conditions. However, decline in soft drink consumption in North America and Europe regions is expected to hamper the high-intensity sweeteners market growth.

The beverage segment accounted for one-third of the global high-intensity sweeteners market share, in terms of volume, in 2020. The consumption of diet carbonated soft drinks and low-calorie food creates the demand for high-intensity sweeteners in the beverage industry. Moreover, recent government initiatives in countries such as UK, which has imposed sugar tax on sugar-based soft drinks are some of the key factors that drive the market. Furthermore, the use of cyclamate sweetener has increased in diet beverages and food, especially in the developing regions, such as Asia-Pacific and Africa, owing to increase in health awareness among the population.

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The impact of the COVID-19 pandemic on the growth of the global high-intensity sweeteners market in 2020 was quite negative. This was due to the supply chain disruption, halt in production and manufacturing of high-intensity sweeteners, and lockdown restrictions.

The global high-intensity sweeteners market is driven by production & consumption of diet carbonated soft drinks and low-calorie foods. Moreover, these sweeteners are added to diet soft drinks, low-calorie yogurts, and sugar-free jams, so that they taste as their conventional counterparts. In addition, growing health concern, such as obesity and rise in incidences of diabetes and cardiac arrest, have motivated consumers to improve their lifestyles and adapt healthier and low-calorie diet pattern. Thus, rise in adoption of stevia extracts high-intensity sweeteners in food & beverage health products fuels the market growth.

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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 to make strategic business decisions and achieve sustainable growth in their respective market domain.

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

Foot Care Products Market is Expected to Reach $4.59 Billion by 2027

According to a new report published by Allied Market Research, titled, “Foot Care Products Market by Product, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global foot care products market size was valued at $2.92 billion in 2019, and is anticipated to reach $4.59 billion by 2027, with a CAGR of 7.10% during the forecast period from 2021 to 2027. Foot care products are largely used as over-the-counter skin nourishing cosmetic among people involved in outdoor & indoor activities. Foot care products help to recover skin from damage and infections, as these products consists of antioxidants, vitamins, and other soothing ingredients. The organic foot care products include ingredients such as essential oils.

Consumers are actively seeking for more advanced and multifunctional skin care solutions for their daily skin care routines. This has resulted in introduction of novel multifunctional foot care products in the market, which are assimilated with other cosmetic ingredients such as anti-aging elements, lotions with moisturizing properties, and tinting agents. Foot products in combination with targeted skincare are becoming popular among consumers.

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Manufacturers are focusing on key innovations that cater to the requirements of the large consumer base. Increase in awareness toward health benefits such as reduction in pain and increase in mobility & physical activity are expected to boost the demand for foot care products in emerging nations. Furthermore, increase has been witnessed in the number of netizens along with rise in internet penetration. Taking this into consideration, most of the key players in the foot care products market strategize on promoting their products on various social media platforms. Thus, through social media marketing strategy, the foot care products market sights critical growth opportunity.

According to the foot care products market analysis, the market is segmented into product, application, distribution channel, and region. Depending on product, the foot care products market is categorized into foot repair ointment, foot creams, foot cleansing lotions, slough scrub products, and others. The foot creams segment was the highest contributor to the market, with $889.89 million in 2019, and is estimated to reach $1,255.52 million by 2027, at a CAGR of 5.7% during the forecast period. This is attributed to the fact that foot creams are widely preferred by local consumers in the mass market. End users majorly procure foot creams products through a traditional supply chain, which significantly contributes toward the growth of the segment.

On the basis of application, the medical segment held a significant share of 42.79% in the global market in 2019. This is attributed to surge in disposable income and rise in awareness toward probable risks associated with foot problems.

By distribution channel, the hospitals & specialty clinics segment dominated the market in 2019, accounting for 35.51% of the share, and is expected to retain its dominance throughout the foot care products market forecast period. This is attributed to the fact that consumers are preferring products from various offline distribution channel such as clinics stores and hospitals while treatment.

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Region wise, Asia-Pacific was the prominent market in 2019, garnering maximum share, owing to the presence of huge consumer base and increase in population. SMEs operating in Asia and Europe are targeting online channels to increase their sales. These companies are further investing into various marketing and advertising activities to increase their product awareness. Surge in penetration of foot care products among people and increase in preference of organic/natural cosmetics are anticipated to fuel the foot care products market growth during the forecast period.

The key players profiled in this report include Johnson & Johnson, Del Laboratories, HoMedics, PediFix, Inc., Alva-Amco Pharmacal, Inc., Revlon, Aetna Foot Products, Blistex Inc., Glaxosmithkline Plc., and Miracle of Aloe. The key players provide current foot care products market trends, financial statement, and products development.

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Key findings of the study

The global foot care products market was valued at $2.92 billion in 2019, and is anticipated to reach $4.59 billion by 2027, with a CAGR of 7.10% during the forecast period.

By product, the foot creams segment held the highest share, accounting for 30.41% of the global foot care products market share.

On the basis of application, the medical segment held the highest share, accounting for 42.79% of the global market share.

Depending on distribution channel, the online stores segment is estimated to hold the highest CAGR of 8.10% in the global foot care products market.

In 2019, Asia-Pacific was the most prominent market, and is expected to grow at a significant CAGR throughout the forecast period.

Check out more related studies published by AMR Research:–

https://www.globenewswire.com/en/news-release/2021/09/22/2301436/0/en/Global-Mouthguard-Market-to-generate-369-9-million-by-2030-Allied-Market-Research.html