A Market Place Research – Page 1278

Terrazzo Flooring Market Size Expected to reach $31,951.2 Million by 2025

The Global Terrazzo Flooring Market was valued at $21,691.1 million in 2017, and is projected to reach $31,951.2 million in 2025, growing at a CAGR of 4.9%. The epoxy terrazzo segment accounted for more than two-thirds of the market share in 2017, and is expected to witness significant growth during the forecast period.

Top Companies

The key players profiled in this report include 4m Group, Concord Terrazzo Company, Inc., Diespeker & Co., Kingspan Group, KREZ Group, Quiligotti Terrazzo Tiles Limited, RBC Industries, Inc., RPM International Inc., Terrazzo Masters, and Venice Art Terrazzo Co., Inc.

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Terrazzo is a type of hard surface flooring, which is fabricated by using an epoxy matrix or cement matrix composite to bind aggregates such as marble pieces, glass pieces, or other suitable material. Increase in demand for flooring due to rise in construction projects across different regions propel the growth of the global terrazzo flooring market. In addition, improved finish offered by these floorings enhances the aesthetics and makes the room look spacious, thereby propelling the growth of the market. However, high initial cost and high cost of laying tiles are anticipated to restrain the market growth.

Based on the application, the educational institutions segment is expected to account for the largest share in the global market during the forecast period, due to increase in the number of educational institutes, universities, auditoriums, and schools in the U.S. and other developed countries. Depending on type, epoxy terrazzo is expected to hold maximum market share, growing at highest CAGR during the forecast period, owing to various benefits offered by it such as low maintenance costs and easy installation laying of tiles as compared to cement terrazzo.

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Industrial Sewing Machines Market Growing at a CAGR of 5.3% Forecast to 2027

the Global Industrial Sewing Machines Market size is expected to reach $3,964.2 million in 2027 from $3,163.4 million in 2019, growing at a CAGR of 5.3% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for 50.1% share of the industrial sewing machines market.

Industrial sewing machines are specially designed for large-scale stitching applications of apparel and non-apparel products. They are utilized for production of apparels such as shirts, t-shirts, and jeans as well as non-apparels, including, bags, parachutes, shoes, tarpaulins, and tents. Industrial sewing machines exhibit highly powerful motors, which enable operation for long hours. Moreover, industrial sewing machines are available in various types depending upon the operations they perform, including, lockstitch, chainstitch, zigzag stitch, and other industrial sewing machines. In addition, they can be categorized on the basis of type of bed on which the fabric is stitched. This includes flat bed, cylinder bed, post bed, and long arm bed.

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The major players operating in the industrial sewing machines industry include Juki Corporation, AMF Reece CR, s.r.o., BERNINA International AG, Brother Industries Ltd., Dürkopp Adler AG, JACK Sewing Machine Co. Ltd., Mitsubishi Electric Corporation, Pegasus Sewing Machine Mfg. Co., Ltd., SEIKO Sewing Machine Co., Ltd., and Yamato Sewing Machine Mfg. Co., Ltd.

The COVID-19 pandemic has negatively affected the industrial sewing machines market mainly due to the halt in international trade, prolonged lockdowns, and ceased manufacturing processes. In addition, the major end-user manufacturing companies located in countries such as the U.S., China, Germany, the UK, and others are also facing financial impacts due to halted production, which is likely to hinder the industrial sewing machines market growth during 2020.

The Asia-Pacific is the highest contributor in the industrial sewing machines market. China and Japan hold majority of the share in industrial sewing machine production, owing to high focus on sewing machine technologies. However, the countries such as Vietnam, India, and Bangladesh are likely to exhibit high growth rate during the forecast period. Furthermore, increase in disposable income of the working class in developing nations drives the growth of apparel industry, which, in turn, propels the growth of industrial sewing machines market. In addition, Germany is a major producer of industrial sewing machines, and the automobile industry in Europe is a major end user of industrial sewing machines for sewing of leather car seats and other non-apparel products.

On the basis of the fabric weight, the medium weight segment holds the major market share, as majority of apparel and non-apparel products fall into this category. In addition, the growth in apparel industry is driving the demand for medium and heavy weight industrial sewing machines, thereby contributing toward the growth of the overall market.

The global industrial sewing machines market is segmented into application, bed type, fabric weight, and region. The applications covered in the study include apparels and non-apparels. According to the bed type, the global market is categorized into flat bed, cylinder bed, and post bed sewing machines. By fabric weight, the market is classified into light weight, medium weight, heavy weight, and extra-heavy weight sewing machines.

The global industrial sewing machines market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, Russia, Italy, and rest of Europe), Asia-Pacific (China, Japan, Vietnam, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific held the largest market share during 2019, and is expected to grow at the fastest rate throughout the forecast period, owing to high demand from the developing countries such as Vietnam and Bangladesh for apparel production industry.

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Disaster Recovery-as-a-service Market Growth to Show CAGR of 23.9%

According to the report published by Allied Market Research, the global disaster recovery-as-a-service market generated $6.5 billion in 2021, and is projected to reach $60.4 billion by 2031, growing at a CAGR of 23.9% 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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The report offers detailed segmentation of the global disaster recovery-as-a-service market based on operating model, service type, deployment mode, organization size, end-use industry, and region.

Based on operating model, the Managed DRaaS segment held the dominating market share in 2021, holding more than two-fifths of the global disaster recovery-as-a-service market share, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CGAR of 24.3% during the forecast period. The report also analyses other segments such as Assisted DRaaS and Self-Service DRaaS.

Based on service type, the Real-time Replication segment held the dominating market share in 2021, holding nearly two-fifths of the global disaster recovery-as-a-service market share, and is expected to maintain its leadership status during the forecast period. The Backup & Restore segment, on the other hand, is expected to cite the fastest CAGR of 24.6% during the forecast period.

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Based on deployment mode, the public cloud segment held the largest market share in 2021, holding more than three-fifths of the global disaster recovery-as-a-service market share, and is expected to maintain its leadership status during the forecast period. The private cloud segment, on the other hand, is expected to cite the fastest CAGR of 24.3% during the forecast period.

Based on region, the market across North America held the dominating market share in 2021, holding nearly two-fifths of the global disaster recovery-as-a-service market share, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR o 24.7% during the forecast period.

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The key players analyzed in the global disaster recovery-as-a-service market report include IBM Corporation, Axcient, Sunguard, Amazon Web Services, Inc., Cable & Wireless Communications Limited., TierPoint, LLC., Microsoft Corporation, VMware Inc., NTT Communications Corporation, and Rackspace Technology.

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

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Plyo Box Market is Estimated to Reach $355.5 Mn by 2031 | Wooden Plyo Boxes Segment is Anticipated to Grow At a Significant CAGR of 4.7%

According to a new report published by Allied Market Research, titled, “Plyo Box Market by Product Type (Wooden plyo boxes, Plastic plyo boxes, Metal plyo boxes), by Application (Commercial, Household), by Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031″. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. The Plyo Box Market Size was valued at $219.30 million in 2021, and is estimated to reach $355.5 million by 2031, growing at a CAGR of 5% from 2022 to 2031.

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Rise in awareness regarding health & fitness, increase in obese population, government initiatives to promote healthy lifestyle, and surge in youth population are the major factors that drive growth of the global plyo box market. Moreover, desire to maintain metal health & well-being and rise in disposable income of individuals in developing countries are anticipated to offer remunerative opportunities for expansion of the global market during the forecast period.

The research provides detailed segmentation of the global plyo box market based on Product Type, Application, Distribution Channel, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

By product type, the wooden plyo boxes segment held a major Plyo Box Market Share in the market in 2021. The wooden plyo boxes segment was the highest revenue contributor to the market, with $93.0 million in 2021, and is estimated to reach $146.6 million by 2031, with a CAGR of 4.7%.

By application, the household segment is expected to witness a major growth rate during the Plyo Box Market Forecast period. The household segment is estimated to reach $51.5 million by 2031, at a significant CAGR of 5.7% during the forecast period.

By distribution channel, the offline segment held a major share in the market in 2021. It provides desired ease and choice of options for evolving
consumers. Market players are establishing new retail stores across various regions to extend their reach and increase their customer base.

Region wise, North America was the prominent market in 2021, garnering maximum share, owing to presence of huge consumer base and increase in population. Established players, with their major operations in the North America region, dominate the global plyo box market. Strong brand image plays a significant role in sales of fitness equipment. This has restricted entry of new players in the Plyo Box Industry.

COVID-19 disease began to spread around the world in early 2021, infecting millions of people, and major countries worldwide enacted foot prohibitions and work stoppage orders. Hence, apart from medical supplies and life support products, most industries have been severely impacted, including the fitness equipment industry. The plyo box market has declined significantly as economic growth has decreased, however it has been growing at a relatively optimistic rate in the four years preceding COVID-19.

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Key Benefits For Stakeholders:

○ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the plyo box market analysis from 2021 to 2031 to identify the prevailing plyo box 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.
○ In-depth analysis of the plyo box market segmentation assists to determine the prevailing market opportunities.
○ Major countries in each region are mapped according to their revenue contribution to the global market.
○ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the Plyo Box Industry players.
○ The report includes the analysis of the regional as well as global plyo box market trends, key players, market segments, application areas, and market growth strategies.

The research provides answers to the following key questions:

○ What is the estimated growth rate of the market for the forecast period 2021-2031?
○ What will be the market size during the estimated period?
○ What are the key driving forces responsible for shaping the fate of the Plyo Box Market during the forecast period?
○ Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Plyo Box Market?
○ What are the prominent market trends influencing the development of the Plyo Box Market across different regions?
○ What are the major threats and challenges likely to act as a barrier to the growth of the Plyo Box Market?
○ What are the major opportunities the market leaders can rely on to gain success and profitability?

Related Reports:

○ Sports Equipment and Accessories Market Growth Opportunities In Global Industry By 2022-2029
○ Insulated Icebox Market by Manufacturer, Region, Type and Application Forecast to 2022-2029
○ Wardrobe Box Market Industry Analysis, Share, Growth, Trends and Forecasts 2021-2030

Source: https://www.globenewswire.com/en/news-release/2022/09/30/2526115/0/en/Global-Plyo-Box-Market-Is-Expected-to-Generate-355-5-Million-by-2031-Allied-Market-Research.html

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

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Phycocyanin Market is Projected to Register a Healthy CAGR of 9.6% in the Forecast to 2030

According to a new report published by Allied Market Research, titled, “Global Phycocyanin Market by Form, Grade and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global phycocyanin market size is expected to reach $409.8 million by 2030 at a CAGR of 9.6% from 2021 to 2030.

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Phycocyanin belongs to the light harvesting phycobiliprotein family. It is found in Cryptophyceae, cyanobacteria, Rhodophyceae and according to the species it is called as C-PC and R-PC. It has been gaining major popularity in medical and biotechnology filed as C-phycocyanin isolated from S. platensis having many therapeutic efficacies such as anticancer properties, free radical scavenging activity, and antioxidant and anti-inflammatory properties.

North America and Europe are critically banning use of synthetic colors in food & beverages, owing to its health hazards hyperactivity in the children and skin allergies. For instance, European Food Safety Authority, the regulatory agency of EU countries has banned the utilization of synthetic color for food safety for the products that are consumed in EU countries, which subsequently promotes the growth for natural color market; thus, indirectly boosting the demand for phycocyanin during the forecast period.

During COVID-19 pandemic, people were highly preferred to consume natural and organic functional, nutritional and dietary food and supplements in order to increase the immune system, which fueled the demand for natural coloring agents, organic ingredients, and food additives. Thus, growing demand for high nutritional food with organic and natural ingredients, additive and coloring agents have accelerated the growth of the phycocyanin market during the pandemic, and is expected to sustain its popularity after pandemic.

The phycocyanin market is segmented on the basis of form, grade, application, and region. On the basis of form, the market is categorized into powder and liquid. On the basis of grade, the market is divided into food grade, pharma grade and reagent & analytical grade. By application, it is segregated into food & beverages, pharmaceuticals, cosmetics, nutraceuticals and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, the Netherlands, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, Turkey, and rest of LAMEA).

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According to the phycocyanin market trends, on the basis of form, the liquid segment was valued at $11.8 million in 2020, and is projected to reach $39.0 million by 2030, registering a CAGR of 12.1% from 2021 to 2030. Liquid phycocyanin has been gaining significant traction among end users as liquid phycocyanin is more concentrated than powder so food & beverages manufacturing companies need liquid phycocyanin in lesser quantity.

On the basis of grade, the reagent & analytical grade segment is estimated to reach $14.8 million by 2030, at a CAGR of 10.1%. The grades of the phycocyanin are based on the purity of the phycocyanin and on the basis of purity, it is used in various applications such as pharmaceutical, biomedical, and food & beverages. C-PC purity is defined as the ratio between the absorbances at 620 nm and 280 nm; when this ratio is ≥ 0.7, C-PC is considered to be of food grade purity and when ≥ 4.0 it is considered to be of analytical grade purity. Analytical grade phycocyanin is used for pharmaceutical and nutraceuticals applications as it is a nontoxic and non-carcinogenic natural coloring agent.

As per application, the cosmetic segment is estimated to reach $32.7 million by 2030, growing at a CAGR of 10.9%. Phycocyanin has been gaining considerable popularity cosmetic and personal care industry, owning to its free radical scavenging and anti-inflammatory properties. Growth in demand for premium cosmetic products and greater acceptance for the organic and natural ingredient-based cosmetic products are likely to surge the growth of the phycocyanin through cosmetic segment. For instance, Kunye’s Nourish Face Mask has gained major popularity among the health-conscious customers. Nourish Face Mask is an organic face mask that combines formula such as phycocyanin, wheatgrass, neem, sea kelp, and Canadian bentonite Clay.

Region wise, Europe has been gaining considerable traction in the phycocyanin market, and is expected to grow at a significant CAGR during the forecast period. EFSA, the regulatory agency of EU countries for food safety, has banned the use of synthetic colors in the products consumed in EU countries, which is expected to boost the growth of the natural color market. Changes in consumer preferences toward nutritious and healthy products is the new trend for which companies are launching innovative products to supplement the demands of the modern society. Thus, growing demand for organic and natural food color and high inclination toward nutritious foods products are expected to accelerate the growth of the Europe phycocyanin market during the forecast period.

The players operating in the phycocyanin industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Bluetec Naturals Co., DDW Inc., DIC Corporation, Earthrise Nutritionals LLC, Japan Algae Co. Ltd., Parry Nutraceuticals, Phyco-Biotech Laboratories, Qingdao ZolanBio Co. Ltd., Sigma-Aldrich Corporation, and Yunnan Green A Biological Project Co. Ltd.

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Key findings of the study

The phycocyanin market was valued at $155.3 million in 2020, and is estimated to reach $409.8 million by 2030, growing at a CAGR of 9.6% during the forecast period.
By form, the powder segment is estimated to witness the fastest growth, registering a CAGR of 9.4% during the forecast period.
In 2020, depending on application, the nutraceuticals segment was valued at $18.9 million, accounting for 12.2% of the global functional pet food market share.
In 2020, the U.S. was the most prominent market in North America, and is projected to reach $107.8 million by 2030, growing at a CAGR of 7.9% during the forecast period.

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Video Game Software Market Value to Surpass USD 751.4 Billion by 2031

According to the report published by Allied Market Research, the global video game software market generated $198.5 billion in 2021, and is projected to reach $751.4 billion by 2031, growing at a CAGR of 14.4% from 2022 to 2031.

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COVID-19 Scenario:

The outbreak of the COVID-19 has had a positive impact on the growth of the global video game software market, owing to the occurrence of lockdowns in various countries across the globe. Lockdowns resulted in increased internet penetration around the world, and hence more and more people, particularly the younger generation, switched to video games. In addition, increase in popularity of work from home culture and persistent advancements and application of virtual reality and mixed reality in video games are expected to create ample opportunities for the industry. Thus, dramatically increased screen time and digital presence of people during the period of COVID-19-induced lockdowns and social distancing policies significantly boosted the growth of the market.

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The report offers detailed segmentation of the global video game software market based on device type, end-user, genre, and region.

Based on device type, the smartphone segment held the largest market share in 2021, holding more than one-third of the global video game software market share, 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 14.9% during the forecast period. The report also analyses other segments such as Console, PC, and others.

Based on end-user, the commercial segment held the dominating market share in 2021, holding more than two-thirds of the global video game software market share, 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 15.0% during the forecast period. The report also includes other segments such as personal segment.

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Based on genre, the action segment held the dominating market share in 2021, holding nearly one-fourth of the global video game software market share, and is expected to maintain its leadership status during the forecast period. The report includes other segments such as adventure, role playing, simulation, strategy, sports, and others.

Based on region, the market across North America held the largest market share in 2021, holding more than one-third of the global video game software market share, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 16.2% during the forecast period.

The key players analyzed in the global video game software market report include Activision Blizzard, Apple, Inc, Beijing Babeltime Technology Co., Ltd., Electronics Art, Inc, Konami Holdings Corporation, Lucid Games, Microsoft Corporation, Nintendo, Nova Gaming Ventures Private Limited, Rovio Entertainment Corporation, Sony Interactive Entertainment., Square Enix Holdings Co. Ltd, Tencent Holdings Limited, TA Games Studio, Ubisoft Entertainment SA, Virtous Holdings Pte. Ltd, and Zeus Interactive Co., Ltd.

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Lipstick Market is Expected to Rise $12.5 Billion by 2026 | Stick Form of Lipstick Segment Growing At a CAGR of 4.9% From 2019-2026

According to a new report published by Allied Market Research, titled, “Lipstick Market by Product Type, Form, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,”. The global lipstick market size was valued at $8.2 billion in 2018 and is projected to reach $12.5 billion by 2026, registering a CAGR of 5.5% from 2019 to 2026. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter’s Five Forces, and competitive scenario.

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Lipstick is a beauty product that adorns the lips by changing natural color of the lip. The major ingredients that lipsticks are used to make lipsticks includes wax, alcohol, pigments, oil, and emollient that provides texture, and protection to lips. There are different shades & colors of lipstick such as red, pink, nude, peach, brown, maroon, and others available in the market that are compatible for different skin tones and lip shapes. Thus, offering consumers with variety of color options and allowing them to experiment with new colors.

In addition, there are different types of lipsticks including matte lipstick, glossy lipstick, stain lipstick, and others and have specific purposes such as moisturizing and longwearing are available in the market. Thus, this fact is driving the growth of the lipstick market. In addition, the expansion of distribution channels such as online stores, supermarkets, hypermarkets, and others has made these lipsticks easily accessible to the consumers, which in turn contributes toward the lipstick market growth.

The matte lipstick segment is anticipated to garner highest the lipstick market share during the forecast period. This is attributed to the fact that consumers, mostly working women nowadays look for lipsticks, which can sustain and last longer throughout their busy days and prevent reapplying lipstick; thus, saving their time. Matte lipsticks tend to stay throughout the day over traditional lipsticks. This factor is expected to boost the lipstick market trends.

Upsurge in demand for natural, herbal, and organic lipsticks is anticipated to boost the growth of lipstick market in the upcoming years. This is attributable to rise in consumer awareness regarding the ill effects of harmful ingredients used in lipsticks, which lead to irritation, itching, and drying of lips. Thus, this fact has driven consumers toward the use of natural, herbal, and organic lipsticks. Moreover, lipstick manufacturers are now indulged in launching natural, organic, and herbal lipsticks to meet the rise in customer demands, which propels the growth of the lipstick market. For instance, Lotus Herbals manufactures beauty products including lipsticks that are made from natural ingredients and does not contain any synthetic and chemical based ingredients in it.

The global lipstick market analysis is segmented on the basis of product type, form, distribution channel, and region. Depending on product type, the lipstick market is classified into matte, glossy, lip powder, and others. By form, the market is classified into liquid, stick, and palettes. By distribution channel, it is fragmented into supermarkets/hypermarkets, specialty stores, and online stores. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The key players for lipstick industry profiled in the report include L’Oréal S.A, Shiseido Company Limited, Revlon Inc., Coty, Estée Lauder Companies Inc., Christian Dior SE, Unilever, Guerlain, Inglot Sp. Z. O. O., and Relouis.

Key Benefits for Lipstick Market:

○ The report provides an extensive lipstick market analysis of the current and emerging market trends and opportunities.
○ The report provides detailed qualitative and quantitative analysis of the current lipstick market trends, future estimations and dynamics of the global lipstick market size from 2019 to 2026 to identify the prevailing opportunity.
○ A comprehensive analysis of the factors that drive and restrict the lipstick market growth.
○ An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
○ Industry player positioning segment facilitates benchmarking and provides a clear understanding of the present position of players along with the lipstick market forecast.

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○ Lip Care Market Growth Opportunities In Global Industry By 2022-2029
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Source: https://www.globenewswire.com/en/news-release/2020/10/05/2103598/0/en/Global-Lipstick-Market-Is-Expected-to-Reach-12-55-Billion-by-2026-Says-AMR.html

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Leisure Travel Market is Expected to Rise $1,737.3 Bn by 2027 | Group Segment is Expected to Retain its Dominance throughout to 2021-2027

According to a new report published by Allied Market Research, titled, “Leisure Travel Market by Traveler Type, Sales Channel, By Age Group and By Expenditure Type: Opportunity Analysis and Industry Forecast, 2021–2027,” The global leisure travel market size was valued at $1,006.5 billion in 2019, and is projected to reach $1,737.3 billion by 2027, registering a CAGR of 22.6% from 2021 to 2027. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter’s Five Forces, and competitive scenario.

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New trends have emerged due to the rapid development of global outbound tourism. Citizens perceptions have changed from meeting everyday needs to improving quality of their life. Now more than ever, travel plays a vital importance in hectic lifestyle of people. Leisure holiday remained most preferable travel type, however, adventure tourism have gained wide traction in the past few years.

The outbound leisure travel have gained significant momentum at the starting of 21st century as the result of rise in disposable income, expansion of logistics & infrastructure, rigorous promotion & advertising of tourism by governments. The outbound tourism market has expanded sprightly, as a result the number of outbound tourists maintained robust growth each year from 2002 to 2018. The number of global outbound tourists surpassed a record 1.4 billion in 2018.

Evidence of evolving leisure travel market is emanating across regions whether developing or developed. Deployment of digital technologies including but not limited to artificial intelligence, big data and analytics, Internet of Things will continue to remain in cynosure for rapidly developing tourism industry. The increasing advent of digitalization will continue to foster bringing paradigm shift in the leisure travel and tourism industry regarding how engaged stakeholders will reach out to tech-savvy customers.

Based on age group, the generation X segment held the major share in 2018, garnering nearly two-fifths of the total market. Simultaneously, the millennials segment would register the fastest CAGR of 6.6% till 2026. The segment of generation Z is also analyzed in the market report.

UK is at the verge of Brexit and no deal exit might have appalling ramifications on the outbound tourism market. According to AMR analysis a no deal Brexit might cause a drop of about 5-7% in out bound travelers from UK. Spain, France and Italy would see a significant drop of tourists travelling from UK owing to weaker exchange rate, imposition of tariffs, higher air fare rates and higher travel insurance premiums. A decrease in the value of British currency will result in changing UK residents preferences for domestic holidays A no deal scenario will result in increased overall expenditure incurred by UK residents. No deal exit will have cascading effect to the UK economy, which will negatively impact UK outbound tourism industry.

In addition, the travel & tourism industry will suffer a loss of $910 billion to $1.2 trillion in export revenues from tourism in 2020, which is further expected to hamper the growth of the market. Moreover, according to UNWTO, the pandemic is likely to increase unemployment by putting around 100 to 120 million direct tourism jobs at risk, thereby restraining the growth of the leisure travel market.

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The key players profiled in the report includes Expedia Group, Priceline Group, Carlson Wagonlit Travel, JTB Americas Group, World Travel, Inc., American Express Travel, Travel Leaders Group, TUI Group., Thomas Cook (India) Limited and Cox & Kings Ltd.

Key Findings Of The Study:

○ By traveler type, the group segment dominated the global market in 2019, and is expected to retain its dominance throughout the forecast period.
○ By age group, the Generation-X segment led the global leisure travel market demand in 2019, and is expected to retain its dominance throughout the forecast period.
○ By expenditure type, the lodging segment dominated the global market in 2019, and is expected to retain its dominance throughout the forecast period.
○ By sales channel, the online channels segment accounted for highest share in the leisure travel market growth in 2019, and is projected to grow at a CAGR of 23.1% from 2021 to 2027.
○ By region, Asia-Pacific accounted for highest leisure travel market share in 2019, and is expected to grow at a CAGR of 24.1%.

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○ Travel Risk Management Services Market is projected to reach $223.62 billion by 2031
https://www.alliedmarketresearch.com/travel-risk-management-services-market-A06585

○ Virtual Tour Market Growing at a CAGR of 31% From 2021 to 2030
https://www.alliedmarketresearch.com/virtual-tour-market-A15786

Source: https://www.globenewswire.com/en/news-release/2020/02/10/1982681/0/en/Leisure-Travel-Market-Is-Expected-to-Reach-1-46-Billion-by-2026-Says-AMR.html

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Key Findings Of The Study:

Reasons to Buy This Leisure Travel Market Report:

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○ Virtual Tour Market Growing at a CAGR of 31% From 2021 to 2030

Source: https://www.globenewswire.com/en/news-release/2020/02/10/1982681/0/en/Leisure-Travel-Market-Is-Expected-to-Reach-1-46-Billion-by-2026-Says-AMR.html

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Peracetic Acid Market Growth Analysis, Type, Application, End-use Industry, Trend, Strategy, Top Companies, Regional Growth, and Industry Forecast, 2021-2031

Global Peracetic Acid Market to exceed $1.8 billion by 2031, to grow at 7.7% CAGR from 2022 to 2031. The report offers detailed segmentation of the global peracetic acid market based on application, end-use industry, 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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The peracetic acid market 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. According to the report published by Allied Market Research, the global peracetic acid market generated $0.9 billion in 2021, and is projected to reach $1.8 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031.

Based on region, the market across Asia-Pacific region 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. In addition, the same region is expected to cite the fastest CAGR of 8.7% during the forecast period.

Based on application, the disinfectant segment held the largest market share in 2021, holding more than half of the global market, and is expected to maintain its leadership status during the forecast period. The sanitizer segment, on the other hand, is expected to cite the fastest CAGR of 8.3% during the forecast period.

Based on end-use industry, the food and beverage segment held the dominating market share in 2021, holding more than one-fourth of the global market, and is expected to maintain its leadership status during the forecast period. The healthcare segment, on the other hand, is expected to cite the fastest CAGR of 8.5% during the forecast period.

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COVID-19 Scenario:

The outbreak of COVID-19 pandemic has had a positive impact on the growth of the global peracetic acid market, owing to the occurrence of lockdowns in various countries across the globe.
Stringent lockdown, health and sanitation measures were imposed by the government which increased the demand for peracetic acid. The spread of the pandemic increased the demand for sanitizer, cleaning & disinfection products owing to the rising awareness about health, hygiene, and safety.
Besides, growing healthcare expenditure and an upsurge in the number of temporary hospitals propelled the demand for peracetic acid products globally.

Furthermore, introduction of innovative cleaning products is further expected to create ample opportunities for the industry.

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The key players analyzed in the global peracetic acid market report include Acuro Organics Limited, Airedale Chemical Company, California Soda Company, Diversey Inc, Ecolab Inc, Enviro Tech Chemical Services, Evonik Industries AG, Jubilant Pharmova Limited, Kemira Oyj, Lenntech B.V., Mitsubishi Gas Chemical Company, Seeler Industries Inc, Solvay, Sopura S.A, and Tanfac Industries.

The report analyzes these key players in the global peracetic acid 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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Microfinance Market: Latest Industry Trends, Trades, Supply, Demand, Prospects by 2031

Allied Market Research published a report, “Microfinance Market By Provider (Banks, Micro Finance Institute (MFI), NBFC (Non-Banking Financial Institutions), and Others) and End User (Small Enterprises, Micro Enterprises, and Solo Entrepreneurs or Self-Employed): Global Opportunity Analysis and Industry Forecast, 2021-2030”.

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 Microfinance 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 Microfinance Market market report provides detailed segmentation of the market.

Microfinance Market Report Highlights

Aspects	Details
By Service Type	GROUP AND INDIVIDUAL MICRO CREDIT LEASING MICRO INVESTMENT FUNDS INSURANCE SAVINGS AND CHECKING ACCOUNTS OTHERS
By Providers	Banks Non-banks
By Region	North America (U.S., Canada, Mexico) Europe (Germany, France, UK, Italy, Rest of Europe) Asia-Pacific (Australia, Japan, India, China, Rest of Asia-Pacific) LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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 Microfinance 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 Microfinance 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 Microfinance 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 Annapurna Finance (P) Ltd, Bank Rakyat Indonesia (BRI), Bandhan Bank, CDC Small Business Finance, Cashpor Micro Credit, Grameen America, Grameen Bank, Kiva, Madura Microfinance Ltd., and Pacific Community Ventures Inc. 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 Microfinance Market industry.

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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 “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 domains.

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