A Market Place Research – Page 1232

Sports Apparel Market New Pathways for Research and Innovation – Adidas AG, Nike, Inc., Puma SE

According to a new report published by Allied Market Research, titled, “Sports Apparel Market by End User and Distribution Channel: Opportunity Analysis and Industry Forecast, 2018-2026,” the sports apparel market size was valued at $167.7 billion in 2018 and is estimated to reach $248.1 billion by 2026, registering a CAGR of 5.1% from 2019 to 2026. In 2018, the men end user segment accounted for more than half of the share in the total sports apparel market and is expected to grow at a CAGR of 4.6% throughout the forecast period. U.S. is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2018. Sports apparel are mainly worn during workout sessions or while playing sports. They are designed to provide comfort and agility while performing physical movements. Sports apparel are made using breathable fabrics that allow sweat to evaporate faster, helping the person wearing it remains fresh for long. Polyester, microfiber, calico, and spandex are some of the most commonly used fabrics in the production of these clothing. Initially, the sports apparel was mostly worn by athletes but, with time, it has become quite common with regular gym-goers and other non-athletes.

Key Players:

Adidas AG, Nike, Inc., Puma SE, Under Armour, Inc., Ralph Lauren Corporation, Umbro Ltd., Fila, Inc, Lululemon Athletica Incorporation, New Balance Athletic Shoe, Inc., and Columbia Sportswear Company.

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The sports apparel market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecasted period. The factors that drive the sports apparel market growth include growth in health awareness and increase in adoption of fitness activities such as aerobics, swimming, running, and yoga among consumers. Moreover, rise in participation of women in sports and fitness activities along with celebrity endorsement has paved the way for sports apparel. Additionally, increase in disposable income and improvement in living standards in the emerging countries such as China and India along with rise in affinity of consumers in emerging economies toward health and fitness further boost the demand for fitness apparel. However, availability of low quality and counterfeit products and fluctuations in the prices of raw materials used to make these apparels restrain the market growth. On the contrary, growth in demand for trendy and fashionable sports apparel and increase in popularity of sports apparel among children are anticipated to provide lucrative growth opportunities for the sports apparel industry.

The report segments the global sports apparel market on the basis of end user, distribution channel, and region. On the basis of end user, the market is divided into children, men, and women. Based on distribution channel, it is segmented into E-commerce, supermarket/hypermarket, brand outlets, and discount stores. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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According to the sports apparel market analysis in 2018, the men end user segment generated the highest revenue in 2018 and is expected to remain dominant throughout the forecast period. This can be attributed to higher participation of men in sports. However, the women end user segment is expected to grow at the highest CAGR throughout the forecast period. This is due to growing participation of women in sports coupled with increased frequency of product launch, which directly caters the demand for women’s apparel.

In 2018, discount store was the most prominent segment accounting for maximum share in the global sports apparel market. This can be attributed to the beneficial options such as discounts and trial before purchase as well as the benefit of immediate gratification. However, the e-commerce segment is expected to witness the highest growth, owing to increase in penetration of internet and online shopping.

Based on the sports apparel market forecast, U.S. accounted for the maximum share in the global market in 2018 and is expected to remain dominant during the forecast period. This can be attributed to higher expenditure of the consumers on fitness apparel due to it being considered a style statement. Moreover, developed retail structure and celebrity brand endorsements help push sales in this region. However, China is expected to grow with the highest CAGR throughout the forecast period, owing to rapidly improving infrastructure and changes in the buying behavior of people in this region due to increasing disposable income.

Key Findings of the Sports Apparel Market :

The sports apparel market was valued at 167.7 billion in 2018 and is estimated to reach $248.1 billion by 2026, growing at a CAGR of 5.1% through the forecast period.
Based on end user, the women segment would witness the fastest growth, registering a CAGR of 5.6% during the forecast period.
In 2018, based on end user, the men segment held the highest share, accounting for more than half of the global market share.
In 2018, China was the most prominent market in the Asia-Pacific region and is expected to grow at a significant CAGR throughout the forecast period.
North America was the dominant region in 2018, accounting for more the one third of the global sports apparel market share.

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Treadmills Market $5,932.0 Million by 2030 – Icon Health & Fitness, Technogym, Johnson Health Tech, Nautilus, Inc., True Fitness Technology

Demand for treadmills is expected to increase during the forecast period. This is attributable to rise in customer interest toward maintenance of their fitness &health. This has increased their interest toward joining gyms and health clubs, which drives growth of the treadmill market.

According to a new report published by Allied Market Research, titled, “Treadmill Market by product type, end use, distribution channel and region: global opportunity analysis and industry forecast, 2021–2030,”The global treadmill market size was valued at $3,284.8 million in 2020, and is projected to reach $5,932.0 million by 2030, registering a CAGR of 5.1%.

Key findings of the study:

By product type, the electronic segment accounted for the highest treadmill market share in 2020, growing at a CAGR of 5.6% from 2020 to 2027.
By end use, the commercial segment accounted for the highest treadmill market share in 2019, growing at a CAGR of 6.1% from 2020 to 2027.
By distribution channel, the specialty segment accounted for the highest market share in 2020, growing at a CAGR of 4.1% from 2020 to 2027.
By Region, North America occupied the maximum share in the market in 2020 and is expected to be the dominating segment during the treadmill market forecast period.

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Top Key Players:

Companies can operate their business in highly competitive market by launching new products or updated versions of existing products. Partnership/collaboration agreement with key stakeholders is expected to be a key strategy to sustain in the market. In the recent past, many leading players opted for product launch or partnership strategies to strengthen their foothold in the market. To understand the key trends of the market, strategies of leading players are analyzed in the report. Some of the key players in the treadmill market analysis includes Icon Health & Fitness, Technogym, Johnson Health Tech, Nautilus, Inc., True Fitness Technology, Inc., Impulse (Qingdao) Health Tech Co., Ltd., TrueForm, Woodway, Life Fitness Inc., and Landice, Inc.

Treadmill is widely used for physical fitness equipment for weight management and improving body stamina & muscular strength. Mostly used treadmills are motorized or electronic, owing to advance features offered to users. Rise in awareness regarding health & fitness, increase in obese population, government initiatives to promote healthy lifestyle, and increase in youth population are the major factors that drive growth of the global treadmill market. However, high price of treadmill is a key restraining factor of the market. On the contrary, surge in youth population, improved lifestyle, and rise in disposable income of individuals in developing countries are anticipated to offer immense opportunities for the market players.

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An alarming rise in global obesity, especially in urban areas supplements growth of the treadmill industry. According to the WHO, there has been a startling increase in number of obese people worldwide. In past few years, around 39% of adults aged 18 years and above were overweight and 13% were obese globally. Obesity is associated with a number of health issues or disorders such as sudden cardiac arrest, hypertension, hypotension, and diabetes. Therefore, to lose weight, reduce stress, and improve blood circulation, obese people tend to use fitness equipment including treadmills, thereby increasing sales of these products.

The outbreak of coronavirus has positively impacted the treadmill industry along with all stages of supply chain and value chain. Owing to the COVID-19 outbreak, consumers have become more concerned about their overall health & wellness. This is attributed to the fact that they have acknowledged that COVID-19 is impacting their mental & physical well-being. This, in turn, is propelling the demand for fitness equipment like treadmill at home, which is anticipated to boost the growth of the global treadmill market.

Furthermore, by distribution channel, the online store segment is anticipated to be the fastest growing segment, in terms of value sales during the forecast period. This is attributed to the fact that platforms or e-commerce are becoming a popular medium for purchase of sporting goods including treadmill among customers. This is attributed to easy availability of treadmills and benefits provided by it such as information about product functional attribute, time-saving features, and facility of home delivery to customers.

The global treadmill market segments are categorized into product type, end use, distribution channel, and region. By product type, it is classified into manual and electronic. By end use, it is divided into residential, institutional, and commercial. On the basis of distribution channel, the market is segregated into specialty store, franchise store, online store, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, Japan, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Turkey and Rest of LAMEA).

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Womens Activewear Market

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Skin Care Products Market will Land $194,961 Million | CAGR of 4.5% – Unilever PLC, Avon Products

According to a new report published by Allied Market Research, titled, Skin Care Products Market by Product: Global Opportunity Analysis and Industry Forecast, 2014-2024 the global skin care products market was valued at $136,304 million in 2016, and is projected to reach $194,961 million in 2024, registering a CAGR of 4.5% from 2017 to 2023. Among the various types of products, the face cream segment occupied the dominant share in 2016 and is expected to maintain this trend throughout the forecast period. Skin care products are applied to the skin to maintain it; avoid early aging symptoms, black patches, and pimples; and enhance beauty.

Top Key Players:

The key players operating in the global skin care products market are Johnson & Johnson, The Estee Lauder Companies Inc., Unilever PLC, Avon Products Inc., L’Oral S.A., Kao Corporation, Colgate-Palmolive Company, Shiseido Company, Beiersdorf AG, and Procter & Gamble.

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The skin care products market is expected to witness significant growth during the forecast period, owing to changing lifestyle and rapid urbanization. Moreover, rise in awareness towards skin care by use of advanced skin care products and consumers shift towards use of skin care products to maintain their skin from getting damage and spoiled, due to climatic changes, boost the market growth. However, limited shelf life of skin care products and high price of natural and organic ingredients used in these products are expected to restrict the market growth.

Key Findings of the Skin Care Products Market:

In 2016, Asia-Pacific dominated the global market with around two-fifth share, in terms of value.
LAMEA is estimated to witness the highest growth rate of 6.4% from 2017 to 2024.
Based on product, the face cream segment generated the highest revenue in 2016, and is also expected to grow at the highest CAGR of 4.7%.
Skin brightening cream occupied around one-third share of the global face cream market in 2016.
Premium body care lotions are expected to witness highest CAGR in the global body care lotion market.
In 2016, U.S. dominated the global market, owing to rise in demand for organic face creams and body lotions, driven by the increase in purchasing power of the end users.

Surge in demand for organic and natural ingredients in skin care products accelerated the market growth. In addition, new product innovation, and high investment by private investors and government in emerging countries support substantial growth in global skin care products market.

In 2016, the antiaging cream and skin brightening cream segments collectively accounted for 75.6% market share of the global face cream market.

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Key Benefits:

The study provides an in-depth analysis of the skin care products market with current and future trends to elucidate the imminent investment pockets.
It offers information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
Porter’s Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.
Market player positioning provides a clear understanding of the position of leading companies.

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Activewear Market will Gain Momentum by 2024 to Surpass $ 546,802 Million | Adidas AG, Asics Corporation, Columbia Sportswear Company

According to a new report published by Allied Market Research titled, Activewear Market by Product and Fabric: Global Opportunity Analysis and Industry Forecast, 20172024,” the global Activewear Market was valued at $ 351,164 million in 2017, and is expected to reach $ 546,802 million by 2024, registering a CAGR of 6.5 % from 2018 to 2024. North America dominated the global activewear market in 2017, accounting for 42.3% of the total revenue.

Activewear is a utility clothing, which boosts the physical performance and eases body movements, as it enhances comfort while engaging in fitness and sports activities.

The extensive advantages offered by activewear such as water resistance, bi-stretchable function, anti-bacterial fabric, wicking function, and others and surge in participation of consumers in physical and fitness activities act as key demand driving factors of the global market. Moreover, female consumer base for activewear is increasing, owing to holistic approach of female customers towards sports and fitness. Likewise, increase in adoption of athleisure wear as work or street wear propels the growth of the overall market. Furthermore, rise in disposable income and increase in fitness concerns significantly contribute towards the growth of the market.

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Key Players:

Adidas AG

Asics Corporation

Columbia Sportswear Company

Dick’s Sporting Goods, Inc.

Gap Inc., Nike, Inc.

North Face, Inc.

Phillips-Van Heusen Corporation

Puma Se

Under Armour

2XU Pty Ltd

361 Degrees International Limited

Vie Active, LLC

Bike Athletic Company

Everlast Worldwide Incorporated

Sportika SA

Hongxing Erke Sports Goods Co., Ltd. Webb Ellis Ltd.

Prince Global Sports

Reusch International SPA.

Key Findings of the Activewear Market :

In terms of value, the ready to wear segment is expected to grow at a CAGR of 7.4% during the forecast period.
North America is expected to dominate the market, registering highest CAGR of 6.3% in terms of value.
Asia-Pacific is projected to show exponential growth in demand throughout 2024, growing at a CAGR 8.0%, in terms of value.
Polyester segment is anticipated to dominate global activewear market registering CAGR of 7.2%.
China and rest of Asia-Pacific collectively accounted for more than half of the total Asia-Pacific activewear market in 2017.
In the global activewear market, India is expected to grow at a CAGR of 13.9 %, in terms of value.
North America and Europe collectively accounted for about more than half of the share of the global activewear market in 2017. Developing lifestyle and rise in disposable income of consumers are expected to drive the growth of the Asia-Pacific market.

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However, volatile cost of raw materials and inflated cost of designing lead to high cost of the final product. This hampers the sales of the product among price-sensitive customers, thereby restraining the market growth. Moreover, presence of counterfeit brands results in safety issues and inconvenience for consumers, which hamper the growth of the market. Conversely, increase in use of green textile and implementation of the sustainable production methods fuel the adoption of activewear among green consumers. Furthermore, rise in promotional activities such physical activity campaigns, empowerment programs, and activewear promotion by sponsoring celebrities or athletes is expected to provide lucrative opportunities for the key players.

The fashion outer segment is expected to dominate the activewear market during the forecast period, owing to increase in adoption of athleisure wear as casual clothing and rise in sports participation. However, shoes segment is expected to gain significant attention of athletes and customers engaged in sports and fitness activities.

Polyester segment dominates the activewear market in terms of value. Consumer preference for activewear formulated by using polyester fabric is increasing, owing to its advantages such as high flexibility; quick drying & easy wash; and resistance to shrinkage, wrinkles, abrasion, & most chemicals.

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Glamping Market Growing At a CAGR of 10.5% From 2022 to 2031, is Estimated to Reach $7.11 Billion by 2031

According to a new report published by Allied Market Research, titled, “Glamping Market” The glamping market was valued at $2.68 billion in 2021, and is estimated to reach $7.11 billion by 2031, growing at a CAGR of 10.5% from 2022 to 2031. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter’s Five Forces, and competitive scenario. The glamping market size was valued at $2,679.7 million in 2020, and is projected to reach $7,113.0 million by 2031, registering a CAGR of 10.5% from 2022 to 2031.

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Glamping is available in various accommodations such as, camping pods and cabins, yurts, tents, treehouses, boats and floating homes, and airstream caravan, all these accommodations are different and provide travelers with a unique and luxurious camping experience. The hectic lifestyle surges the demand for glamping, a surge in the number of concerts and large-scale music festivals organized every other week in various regions of the world is anticipated to be one of the most influential aspects driving the market. Moreover, vacationers today seek for outdoor activities that are elegant, close to nature, and memorable

The global glamping market is segmented into accommodation, application, age group, size, end user, distribution channel, and region. On the basis of accommodation, the market is classified into camping pods and cabins, yurts, tents, treehouses, and others. Among these, the camping pods and cabins segment occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. The growth of the camping pods and cabins segment is attributed to its advance features like safety, the availability of amnesties, and lockable doors and windows.

By application, the market is segregated into family travel, and enterprise travel. The family traveler segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of outing with family. Moreover, rise in urbanization and nuclear family is expected to further drive the Glamping Market Trends.

By size, the market is segregated into 2-Person, 4-Person, Others. The 4- person segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of group travels in the glamping market. The other size is estimated to perform good in the forecast period.

Depending on age group, the market is bifurcated into 18-32 years, 33-50 years, 51-65 years, above 65 years. Among these, the age group of 18-32 occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. This is attributed to increase in preference for adventure and traveling in this age group as compared to others. Depending on the end consumer the segment is bifurcated into consumers, and events. The consumer is the major shareholder in end user segment owing to preference of travelers seek for outdoor activities that are elegant, close to nature.

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Region wise, North America dominated the market with largest share during the Glamping Market Forecast period. Glamping market and their different accommodations are the mostly enjoyed in North America, especially in U.S. and Canada. The growing preference for comfortable and luxurious traveling as well as increase in Glamping Market Demand for nature adventures are driving the growth of the glamping market in North America. In 2021, North America accounted for 42.3% in the global Glamping Market Share, and is expected to maintain its dominance during the forecast period.

The major players analyzed for global glamping industry are Hilleberg Ab., Johnson Outdoors Inc., The North Face Inc., AMG GROUP, Newell Brands Inc., Oase Outdoors, The Coleman Company, Simex Outdoor International, Kampa, Exxel Outdoors, Bushtec Safari (South Africa), Sawday’s Canopy & Stars Ltd. (UK), Huttopia (France), Wigwam Holidays Ltd (UK), Arena Campsites (Europe).

Key Benefits For Stakeholders

○ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the glamping market analysis from 2021 to 2031 to identify the prevailing glamping market opportunities.
○ The market research is offered along with information related to key drivers, restraints, and opportunities.
○ Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
○ Major countries in each region are mapped according to their revenue contribution to the global Glamping Market Growth.

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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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Retort Pouch Market Value To Cross $11.6 Billion by 2031 | Top Companies and Industry Growth Insights

According to the report published by Allied Market Research, the global retort pouch market generated $6.7 billion in 2021, and is estimated to reach $11.6 billion by 2031, witnessing a CAGR of 5.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

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Covid-19 Scenario:

Retort pouches are primarily used in industries such as food & beverages, cosmetics, industrial, and personal care. During and after the pandemic-induced lockdown, a large number of people switched to online food shopping.
The companies in the retort pouch market are incorporating several methods to increase production volume and are attempting to develop innovative solutions at an affordable price that can meet customer needs.
The rise in public awareness about health issues is a key factor that drives the retort pouch market. Growing use of sterilizing solutions as a result of the coronavirus epidemic also drives the demand for the market.

The report offers a detailed segmentation of the global retort pouch market based on material type, packaging type, closure type, end use, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on material type, the polypropylene segment held the largest share in 2021, accounting for nearly one-third of the global retort pouch market, and would rule the roost through 2031. However, the others segment is estimated to witness the fastest CAGR of 7.0% during the forecast period. The report also mentions the polyethylene, polyamide, polyethylene terephthalate, and aluminum foil segments.

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Based on the packaging type, the flat pouches segment held the largest share in 2021, capturing nearly three-fourths of the global retort pouch market, and would lead the trail through 2031. However, the stand-up pouches segment is estimated to witness the fastest CAGR of 5.9% during the forecast period.

In terms of closure type, the tear notch segment captured the largest market share of nearly half of the global retort pouch market in 2021, and is expected to lead the trail during the forecast period. The zipper segment, however, is likely to achieve the fastest CAGR of 6.1% through 2031. The report also includes the spout segment.

In terms of end use, the food segment captured the largest market share of nearly three-fifths of the global retort pouch market in 2021 and is likely to maintain a noteworthy growth during the forecast period. However, the others segment is likely to achieve the fastest CAGR of 6.6% through 2031.

Based on region, the market in Asia-Pacific was the largest in 2021, accounting for more than two-fifths of the global retort pouch market share, and is likely to maintain its leadership status during the forecast period. Moreover, the market in the same region is expected to manifest the highest CAGR of 6.2% from 2022 to 2031. The other regions analyzed in the study include North America, Europe, and LAMEA.

Leading players of the global retort pouch market analyzed in the research include Amcor plc, ProAmpac LLC, Sonoco Products Company, Mondi plc, Coveris Holdings S.A., Clondalkin Group Holdings BV, Sealed Air Corporation, Huhtamaki Group, Constantia Flexibles, Flair Flexible Packaging Corporation, Winpak Ltd., Berry Global, Inc., Tredegar Corporation, Otsuka Holdings Co. Ltd., Sonic Packaging Industries, Inc., and IMPAK Corporation.

The report analyzes these key players of the global retort pouch market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

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Piezoelectric Materials Market Sales Revenue to Touch $2.5 Billion By 2031 | Major Companies, Strategies and New Trends

According to the report published by Allied Market Research, the global piezoelectric materials market generated $1.4 billion in 2021, and is projected to reach $2.5 billion by 2031, growing at a CAGR of 6.2% 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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Report Coverage & Details:

Report Coverage	Details
Forecast Period	2022–2031
Base Year	2021
Market Size in 2021	$1.4 billion
Market Size in 2031	$2.5 billion
CAGR	6.2%
No. of Pages in Report	252
Segments Covered	Material type, application, end-use, and region.
Drivers	Extensive applications of piezoelectric materials in powering flame igniters, buzzers, electric toothbrushes, humidifiers, sensors, and others
Increase in the use of piezoelectric materials in transducers, actuators, motors, generators, and other major electrical components of aircraft and fighter jets
Opportunities	Surge in industrialisation
Rapid technological advancements
Restrains	Piezoelectric materials when subjected to harsh environments such as heavy stress and high temperature, the consistency of results produced by the piezoelectric materials get affected.

COVID-19 Scenario:

The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global piezoelectric materials market, owing to the closure of various manufacturing facilities and delay or cancellation of construction projects during the pandemic.
Lockdowns resulted in the large-scale closure of various end use industries, which extensively used piezoelectric materials, thereby negatively impacting the growth of the market.
In addition, there was shortage of raw materials during the pandemic which was mainly due to strict import and export restrictions as imposed by the governments of various countries across the globe.
These restrictions were imposed by the government so as to curb the spread of the virus during the pandemic. However, the market is expected to recoup with eased restrictions.

The report offers detailed segmentation of the global piezoelectric materials market based on material type, application, end-use, 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 material type, the ceramic segment held the dominating market share in 2021, holding around three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The composite segment, on the other hand, is expected to cite the fastest CAGR of 6.7% during the forecast period.

Based on application, the actuators segment held the largest 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 motors segment, on the other hand, is expected to cite the fastest CAGR of 6.9% during the forecast period.

Based on end-use, the consumer goods segment held the dominating market share in 2021, holding more than two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 6.6% during the forecast period. The report also analyses other segments such as automotive, information technology, healthcare, and others.

Based on region, the market across Asia-Pacific region held the dominating market share in 2021, holding nearly half of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 6.6% during the forecast period. The report also analyses other regions such as North America, Europe, and LAMEA.

The key players analyzed in the global piezoelectric materials market report include Arkema S.A., CeramTec GmbH, Johnson Matthey plc, PI Ceramic GmbH, Piezo Kinetics Inc., Piezomechanik Dr. Lutz Pickelmann GmbH, solvay, Sparkler Ceramics Pvt. Ltd., TDK Electronics AG, TRS Technologies, Inc.

The report analyzes these key players in the global piezoelectric materials market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.

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Synthetic Rope Market with Top Growth Companies Global Growth, Size, Trends, Industry Analysis, Key Players by 2025

Allied Market Research recently published a report, titled, “Synthetic Rope Market by Raw Material (Polypropylene, Polyester, Nylon, Polyethylene, and Specialty Fibers) and End Use (Marine & Fishing, Oil & Gas, Sports & Leisure, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2018 – 2025.” The report offers an in-depth analysis of key market players and their strategies, dynamic market trends, major segments, market size & estimations, and overall business landscape. According to the report, the global synthetic rope market accounted for $1.33 billion in 2017 and is anticipated to reach $2.18 billion by 2025, registering a CAGR of 6.3% from 2018 to 2025.

Surge in consumption and demand for fish-products, rise in seaborne trade, and increased size of cargo have boosted the growth of the global synthetic rope market. However, fluctuating prices of raw materials restrain market growth. On the other hand, rapid advancements in synthetic rope manufacturing are expected to create lucrative opportunities in the near future.

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Specialty Fibers remains to be a profitable and lucrative segment

Based on raw material, specialty fibers segment accounted for nearly one-third of the total market share in 2017 and is expected to lead in terms of revenue throughout the forecast period. This is attributed to its robust and long-lasting properties such as thermal conductivity, electrical resistivity, and chemical or fuel resistance. On the other hand, the polyester segment is expected to register the highest growth with a CAGR of 7.3% from 2017 to 2025, owing to its properties that are as good as nylon ropes and it offers superior resistance to heat and UV rays. The research also offers insights on polypropylene, nylon, and polyethylene.

Construction to maintain its top status by 2025

Based on end-user industry, the construction segment accounted for about two-fifths of the total market share in 2017 and is expected to maintain its leadership status throughout the forecast period. This is attributed to increased urbanization and rise in the modern construction activities and surge in the infrastructural needs in the emerging economies. However, the marine & fishing segment is expected to register the highest CAGR of 7.2% through 2025, owing to rise in aquaculture production and fishing activities across the world. The report also includes other segments such as oil & gas, sports & leisure, and others.

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Europe to grow at the fastest rate by 2025

Europe is expected to register the fastest CAGR of 7.1% from 2017 to 2025, owing to growing use of synthetic ropes across several countries such as France, Germany, UK, Italy, and Russia. However, North America holds the largest market share, accounting for more than one-third of the total share in 2017, owing to the increase in oil & gas production and rise in exploration activities. The report includes analysis of other regions such as Asia-Pacific and Latin America, Middle East and Africa (LAMEA).

Key market players

Key market players highlighted in the research are Actuant Corporation, Atlantic Braids Ltd, Bridon-Bekaert Ropes Group, Bexco NV-SA, English Braids Ltd, Responsive Industries Ltd, Southern Ropes, Teufelberger, Touwfabriek Langman B.V., and Wireco WorldGroup.

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Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Bio Based Polypropylene Market

Erythropoietin Drugs Market Offering New Industry Trends, Growing Opportunities, and Innovations by 2030

Growth of the market is driven by rise in number of treatment cycles for chemotherapy and increase in number cases including cancer, HIV, kidney diseases, and anemia.

Erythropoietin/hematopoietin is a glycoprotein hormone that triggers production of red blood cells in the bone marrow through erythropoiesis. Erythropoietin drug was developed with the objective to treat anemic conditions caused from ESRD treatments and dialysis procedures. EPO drugs have gained approvals for chemotherapy-induced anemia. Advanced application of recombinant DNA technology enables production of erythropoietin for in-vitro conditions/synthetic variants, which are referred to as recombinant human erythropoietin (rHuEPO). Currently, EPO’s, are largely used in anemic conditions induced from end stage renal disease treatment, chemotherapy, and antiretroviral treatment (ART).

The global erythropoietin drugs market size was valued at $9,243.12 million in 2020, and is projected to reach $14,414.59 million by 2028, registering a CAGR of 5.7% from 2021 to 2028.

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Covid-19 scenario:

The outbreak of Covid-19 disrupted the workflow in the healthcare sector as the rapid spread of coronavirus forced several industries to shut down temporarily.
However, the pandemic had a positive effect on the demand for medical services including erythropoietin.
As erythropoietin is used to treat anemia and can be effective against Covid-19, which boosted its demand. Moreover, it has anti-ischemic, anti-apoptotic, and regenerative effects in several tissues such as kidney, lungs, nervous system, retina, and pancreas. Thus, it can be used to treat critically ill patients.

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Key Findings Of The Study

On the basis of product, the epoetin-alfa held largest share in the global erythropoietin drugs market in 2020.
On the basis of application, the kidney disorders held the largest erythropoietin drugs market share in 2020, and is expected to remain dominant throughout the forecast period.
By region, North America is expected to experience growth at the highest rate, during the forecast period.

On the basis of application, the kidney disorder segment dominated the market in 2020, contributing to more than two-fifths of the market. In addition, the segment is expected to manifest the highest CAGR of 6.5% during the forecast period.

Some of the Top Players in the Global Market Are:

The global erythropoietin drugs market includes an in-depth analysis of the prime market players such as Johnson & Johnson, Amgen Inc., Roche, Hospira Inc., Biocon, LG Life Sciences Ltd., Teva Pharmaceutical Industries Ltd., Intas Pharmaceuticals, Ranbaxy Laboratories Ltd., and Celltrion, Inc.

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Erythropoietin Drugs Market: By Region Outlook

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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.

Advanced Wound Care Market to Surpass US $14.19 billion by 2030 With CAGR of 4.6%

According to Allied Market Research, the global advanced wound care market is expected to reach $14.19 billion by 2030, growing at a CAGR of 4.6% from 2021 to 2030. Rise in geriatric population, technological advancements to deal with complex wounds, and surge in incidences of obesity, diabetes, and chronic conditions have boosted the market growth.

3D printing of human skin:

A team of researchers has successfully demonstrated a prototype for a 3D bioprinter that can create human skin. The printer can create layers of epidermis and dermis including fibroblasts that produce collagen. The bioprinter uses injectors with biological components instead of ink and cartridges and every process is controlled by the computer.

The process involves using the patient’s own cells to create autografts, which are essential for treating burn wounds. The 3D printing treatment is comparatively less expensive than manual production owing to the automation and standardization process. However, the treatment uses only human cells and animal cells are strictly avoided to generate human collagen.

Impact of COVID-19 Pandemic on the Advanced Wound Care Market:

The Covid-19 pandemic negatively affected the market due to countrywide lockdown and canceled or postponed elective surgeries. Moreover, the prolonged lockdown disrupted the supply chain and increased the prices of medical equipment and raw materials.
However, the increase in skin injuries in medical care providers is expected to boost the demand for advanced wound care.

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Cobwebs for would healing:

The medicinal properties of spider silk are known for years. It is useful in stopping bleeding and has the potential to heal would on the forefront. Thus, synthetic spider silk is developed for treating wounds and delivering drugs including antibiotics. Moreover, it can be used in regenerative medicine. As spider silk is protein-based, biocompatible, strong, and biodegradable, it does not cause an immune or inflammatory reactions. Moreover, spider silk can be used in dressing and as controlled delivery of medicine.

By Region Outlook

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Spain, Netherlands, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Important Questions Being Answered by the Market Report

What is the Advanced Wound Care Market size and growth?
What are the prominent and latest trends impacting the market?
Which regions will observe growth on new occasions?
Which players are adopting a functioning and planned framework to obtain customer loyalty?

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.