Florida Digital Lending Market to Reach $13.89 Billion by 2027: Allied Market Research

Increase in need & adoption of digital lending solutions in the state and considerable shift from traditional lending to digital lending drive the growth of the Florida digital lending market. Based on provider type, the FinTech institutions segment accounted for the highest share in 2019, and will continue its lead by 2027. There has been increase in adoption of online & digitalized financial services in the state during the pandemic.

According to the report published by Allied Market Research, the Florida digital lending market garnered $4.35 billion in 2019, and is expected to reach $13.89 billion by 2027, witnessing a CAGR of 16.7% from 2020 to 2027. The report offers a detailed analysis of changing market dynamics, competitive scenario, top segments, key investment pockets, value chain, and regional landscape.

Increase in need & adoption of digital lending solutions in the state and considerable shift from traditional lending to digital lending drive the growth of the Florida digital lending market. However, high interest on small amounts & shorter repayment time provided by lenders hinders the market growth. On the other hand, adoption of advanced technologies in lending services creates new opportunities in the coming years.

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Covid-19 Scenario:

  • Firms offering lending or credit solutions in the state have been utilizing automated processes & reducing cyber security risks through the implementation of AI-driven KYC software.
  • There has been a considerable increase in usage and adoption of online & digitalized financial services in the state. This led to the growth of the market.
  • In addition, state governments have been introducing new regulations for banks and FinTech organizations to offer loans during the pandemic.

The report offers a detailed segmentation of the Florida digital lending market based on loan type, provider type, loan amount, and end user.

Based on loan type, the personal loans segment contributed to the highest market share in 2019, accounting for nearly half of the total market share, and is projected to maintain its lead position during the forecast period. However, the SME-focused loans segment is expected to grow at the highest CAGR of 22.5% from 2020 to 2027.

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Based on provider type, the FinTech institutions segment accounted for the highest share in 2019, holding more than two-fifths of the Florida digital lending market, and is expected to continue its leadership status throughout the forecast period. Moreover, this segment is projected to witness the highest CAGR of 18.7% from 2020 to 2027. The research also analyzes the segments including banks, credit unions, and others.

Based on end user, the individuals segment accounted for the highest market share in terms of revenue, contributing to more than two-thirds of the total share in 2019, and is expected to maintain its dominance in terms of revenue by 2027. However, the SMEs segment is projected to witness the fastest CAGR of 21.0% during the forecast period.

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Leading players of the Florida digital lending market analyzed in the research include Ally Financial Inc., Florida Credit Union, Credible, VyStar Credit Union, Navy Federal Credit Union, LendingPoint LLC, Suncoast Credit Union, Social Finance, Inc., TD Bank, N.A., and WELLS FARGO

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.

Contact Us:

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Insurtech Market to Garner $158.99 Bn, Globally, by 2030 at 32.7% CAGR: Allied Market Research

Rise in digitalization of business models, saturation of the insurance industry, and growth and consolidation of internet technologies have boosted the growth of the global insurtech market.

 Allied Market Research recently published a report, titled, “Insurtech Market by Offering (Solution and Service), Deployment Model (On-premise and Cloud), Technology (Artificial Intelligence, Cloud Computing, Blockchain, Big Data & Business Analytics, IoT, and Others), End User (Life & Health Insurance and Property and Casualty (P&C) Insurance), and Application (Product Development & Underwriting, Sales & Marketing, Policy Admin Collection & Disbursement, and Claims Management): Global Opportunity Analysis and Industry Forecast, 2021–2030”. As per the report, the global insurtech industry was pegged at $9.41 billion in 2020, and is estimated to generate $158.99 billion by 2030, growing at a CAGR of 32.7% from 2021 to 2030.

Major determinants of the market growth

Rise in digitalization of business models, saturation of the insurance industry, and growth and consolidation of internet technologies have boosted the growth of the global insurtech market. However, privacy & transparency concerns and changes to legal & regulatory framework hinder the market growth. On the contrary, rapid growth in incorporation of new technologies and untapped potential of emerging economies are expected to open new opportunities for the market players in the future.

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Covid-19 scenario:

  • The Covid-19 pandemic positively affected the insurtech market due to sudden increase in need for insurance policies including health insurance, home insurance, and personal insurance among customers.
  • The utilization of advanced technological solutions among insurance carriers increased across the globe during the pandemic to offer advanced tech-based services to customers. This increased the demand for insurtech solutions.

The service segment to portray the highest CAGR through 2028

By offering, the service segment would register the highest CAGR of 33.6% during the forecast period, as it processes and improves effectiveness to meet customers demand. However, the solution segment held the largest share in 2020, accounting for more than three-fourths of the global insurtech market, due to rise in implementation of solutions by insurance companies with excellent technology capabilities to enhance business operations.

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The on-premise segment held the lion’s share

By deployment model, the on-premise segment dominated the market in terms of revenue in 2020, contributing nearly three-fifths of the global insurtech market, as it offers full control over the whole infrastructure, including software & hardware. However, the cloud segment is projected to register the highest CAGR of 34.5% from 2021 to 2030, due to the need to reduce infrastructure investment and rise in investment in cloud technology.

North America dominated the market in terms of revenue

By region, the global insurtech market across North America held the largest share in 2020, contributing to nearly three-fifths of the market, due to increased adoption of insurtech among insurance companies and surge in partnership of insurtech companies with traditional insurers. However, the market across Asia-Pacific is anticipated to portray the highest CAGR of 36.7% during the forecast period, owing to increase in adoption and investment in insurtech to boost business efficiency, lower compliance risk exposure, and improve claim settlement process in the region.

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Key market players

  • Damco Group
  • Majesco
  • DXC Technology Company
  • OutSystems
  • Oscar Insurance
  • Shift Technology
  • Quantemplate
  • Wipro Limited
  • Trov Insurance Solutions, LLC
  • Zhongan Insurance

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.

Contact Us:

David Correa
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Payday Loans Market to Hit $48.68 Billion by 2030: Allied Market Research

Rise in awareness regarding payday loans among youth population and fast loan approval with no restriction on usage drive the growth of the global payday loans market. The market across North America held the lion’s share in 2020, accounting for more than two-fifths of the market. The Covid-19 pandemic affected millions of people due to rise in unemployment and financial hardships.

As per the report published by Allied Market Research, the global payday loans market generated $32.48 billion in 2020, and is expected to reach $48.68 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030.

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Rise in awareness regarding payday loans among youth population and fast loan approval with no restriction on usage drive the growth of the global payday loans market. However, high-interest rates hinder the market growth. On the other hand, rise in adoption of advanced technology among payday lenders and presence of a large number of payday lenders are expected to open lucrative opportunities for the market players in the future.

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The report segments the global payday loans market on the basis of type, marital status, brokerage type, and region.

Based on type, the report is divided into storefront payday loans and online payday loans. The storefront payday loans segment held the largest share in 2020, accounting for nearly three-fifths of the market. However, the online payday loans segment is projected to register the highest CAGR of 5.7% during the forecast period.

On the basis of marital status, the report is classified into married and single. The single segment held the largest share in 2020, contributing to more than two-thirds of the market. However, the married segment is estimated to manifest the highest CAGR of 5.8% from 2021 to 2030.

The global payday loans market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2020, accounting for more than two-fifths of the market. However, Asia-Pacific is anticipated to portray the highest CAGR of 6.2% during the forecast period.

The global payday loans market includes an in-depth analysis of the prime market players such as Cashfloat, Creditstar, CashNetUSA, Myjar, Lending Stream, Speedy Cash, Silver Cloud Financial, Inc., Titlemax, THL Direct, and TMG Loan Processing.

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.

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.

Digital Gift Cards Market to Reach $1101.03 Billion, Globally, by 2030 at 15.8% CAGR

Rise in demand for advanced payment solutions, high adoption rate of smartphones, and increase in demand for innovative products drive the growth of the global digital gift cards market.

 Allied Market Research published a report, titled, “Digital Gift Card Market by Functional Attribute (Open-Loop Card and Closed-Loop Card), End User (Retail and Corporate) and Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030”. According to the report, the global digital gift cards industry generated $258.34 billion in 2020, and is anticipated to generate $1101.03 billion by 2030, witnessing a CAGR of 15.8% from 2021 to 2030.

Prime determinants of growth

Rise in demand for advanced payment solutions, high adoption rate of smartphones, and increase in demand for innovative products drive the growth of the global digital gift cards market. However, Lack of security hinders the market growth. On the other hand, surge in demand for digital gift cards from developing countries presents new opportunities in the coming years.

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he retail segment to maintain its leadership status throughout the forecast period

Based on end user, the retail segment held the highest market share in 2020, accounting for three-fifths of the global digital gift cards market, and is estimated to maintain its leadership status throughout the forecast period. This is due to increase in consumers trends & preferences toward shopping at the retail store fuels. However, corporate segment is projected to manifest the highest CAGR of 17.2% from 2021 to 2030, owing to increase in awareness among the business owner to deliver gift cads to their employees.

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The consumer goods segment to maintain its lead position during the forecast period

Based on application, the consumer goods segment accounted for the largest share in 2020, contributing to more than one-fourth of the global digital gift cards market, and is projected to maintain its lead position during the forecast period. This is due to availability of large number of digital payment technology among the people to accept gift card digitally. Moreover, the travel & tourism segment is expected to portray the largest CAGR of 19.2% from 2021 to 2030, owing to meet the requirements of the travelers by allowing access to a vast array of choices to many destinations.

North America to maintain its dominance by 2030

Based on region, North America held the highest market share in terms of revenue 2020, accounting for more than two-fifths of the global digital gift cards market. This is due to rise in popularity of corporate gifting cultures during special occasions, such as birthdays, incentives, festivals, etc. However, the Asia-Pacific region is expected to witness the fastest CAGR of 17.2% from 2021 to 2030, owing to surge in adoption of these cards for online purchases, traveling, and distribution among children as cash alternative.

Leading Market Players:-

  • Amazon.com, Inc.
  • Apple, Inc.
  • Blackhawk Network Holdings, Inc.
  • Fiserv, Inc.
  • InComm Payments
  • Loop Commerce, Inc.
  • National Gift Card Corporation
  • PayPal Holdings, Inc.
  • Target Brands, Inc.
  • Walmart Inc.

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.

Contact Us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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Financial Guarantee Market to Reach $71.93 Bn, Globally, by 2030 at 9.6% CAGR

Rise in the financial risk involved in business transactions, quick processing of documents by banks, and rise in adoption of financial guarantees by SMEs drive the growth of the global financial guarantee market.

Allied Market Research recently published a report, titled, “Financial Guarantee Market By Product Type (Bank Guarantees, Documentary Letter of Credit, Standby Letter of Credit (SBLC), Receivables Financing, and Others), Enterprise Size (Small Enterprises, Medium-sized Enterprises, and Large Enterprises), and End User (Exporters and Importers): Global Opportunity Analysis and Industry Forecast, 2021–2030“. As per the report, the global financial guarantee industry was accounted for $28.70 billion in 2020, and is expected to reach $71.93 billion by 2030, growing at a CAGR of 9.6% from 2021 to 2030.

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Drivers, Restraints, and Opportunities

Rise in the financial risk involved in business transactions, quick processing of documents by banks, and rise in adoption of financial guarantees by SMEs drive the growth of the global financial guarantee market. However, strict assessment by the banks before offering a financial guarantee and collateral demands hinder the market growth. On the contrary, increase in import and export activities in developing countries and surge in digitalization of banking procedures are expected to open new opportunities for the market players in the future.

Covid-19 Scenario:

·  The rise in uncertainty and protectionism in global trade, shift in supply chain demands, and business closures have negatively affected the financial guarantee market.

·  To curb the spread of the virus, several countries imposed strict restrictions and lockdown across the countries, which created geopolitical tensions and shift in trade patterns.

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The Documentary Letter of Credit Segment Held the Largest Share

By product type, the documentary letter of credit segment held the largest share in 2020, accounting for nearly three-fifths of the global financial guarantee market, due to differing laws of countries and the difficulty of knowing each party personally. However, the receivables financing segment is expected to register the highest CAGR of 15.0% during the forecast period, as it allows to accept large, bulk one-time orders and allow traders to earn greater profits.

The Large Enterprises Segment Dominated the Market

By enterprise size, the large enterprises segment held the lion’s share in 2020, contributing to nearly three-fifths of the global financial guarantee market, owing to rise in preference of a financial guarantee among major organizations to make immediate payments across countries. However, the small-sized enterprises segment is estimated to manifest the highest CAGR of 13.7% from 2021 to 2030. Due to lack of credit worthiness and limited access to huge funds, small banks cannot take loans from banks but a financial guarantee allows them to acquire products and pay later.

Asia-Pacific, followed by Europe and North America, held the Largest Share

By region, the global financial guarantee market of Asia-Pacific, followed by Europe and North America, dominated in 2020, holding nearly two-fifths of the market, due to rise in demand for digitalized financial guarantee using new technologies such as machine learning automation, optical character recognition, and distributed ledger. Moreover, the market across North America is projected to portray the CAGR of 5.5% during the forecast period.

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Major Market Players

  • Asian Development Bank
  • BNP Paribas
  • Barclays
  • Bank of Montreal
  • Citibank
  • HSBC
  • ICBC
  • National Bank of Canada
  • SINOSURE
  • Scotia Bank

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.

Contact Us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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+1-800-792-5285, +1-503-894-6022
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Wine Corks Market to Reach $27.6 Billion by 2027 – Precisionelite, Waterloo Container Company, J. C. Ribeiro

According to a new report published by Allied Market Research titled, “Wine Corks Market by Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,” The wine corks market size was valued at $20.8 billion in 2019, and is projected to reach $27.6 billion by 2027, growing at a CAGR of 7.4 % from 2021 to 2027. Europe dominated the market in 2019, accounting for nearly 48.2% of the total market share. The wine corks market exhibits an incremental revenue opportunity of $6.6 billion from 2019 to 2027.

Key Players:

The global market is fragmented with the presence of several market participants across various regions. The strong presence private label brands is giving tough competition to global players. The key players operating in Global Wine corks market include Precisionelite, Waterloo Container Company, J. C. Ribeiro, S. A., Amorim Cork, S.A, Ltd., We Cork Inc., Zandur, Jelinek Cork Group, Widgetco, Inc., M.A. Silva Usa, Llc, And Allstates Rubber & Tool Corp.

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The wine corks market holds a substantial scope for the market growth. The market is currently in its maturity stage; however, its contribution to the global market is expected to increase significantly during the forecast period. Increase in demand for synthetic and new types of corks has enforced the market to produce innovative products made with various materials including polyethylene and rubber. Growth of the global population and rise in per capita income boost the market growth, thus increasing production of wines. Change in consumer behavior in the beverage and alcoholic drinks segment and preference of consumers for various new types of wines are expected to affect sales of wine corks in the coming years. Numerous players are entering the wine corks market with innovative corks. Emerging innovative cork types and corks produced by various other materials are expected to increase the market competition in the years to come.

Growth in population in developing countries, such as China and India, has increased the demand for alcoholic beverages and especially wine. This increase in population, coupled with per capita income has increased the demand for wines, further boosting the production of wines and indirectly production of wine corks. In emerging countries, per capita income is more as compared to the developed countries and hence, adoption of various wine flavors such as sparkling and fortified wines is eventually higher.

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The wine corks market is segmented on the basis of type, distribution channel, and region. By type, it is categorized into natural and synthetic. The natural segment was the highest contributor to the market, with $15,075.6 million in 2019, and is estimated to reach $18,796.9 million by 2027, at a CAGR of 6.6% during the forecast period. The synthetic segment is estimated to reach $8,829.2 million by 2027 at a CAGR of 9.4%. The fastest growth of natural segment is attributed by the increase in demand for natural corks from the manufacturers who are making wine to store for longer period of time. 

On the basis of distribution channel, the market is divided into offline and online sales channels.. Region wise, the market is segmented into North America (U.S., Canada, and Mexico), Europe (France, Italy, Spain, Germany, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Argentina, South Africa, Chile, and rest of LAMEA). Europe leads the global market, in terms of value, and is anticipated to continue to dominate its leading position throughout the forecast period. This is attributed to majority of wine is produced and consumed in the region.

Key Findings Of The Study

  • The natural corks products segment is expected to grow at a CAGR of 6.6% during the forecast period.
  • Asia-Pacific is anticipated to dominate the wine corks market growth, registering a CAGR of 9.0%
  • The offline segment is projected to contribute with highest market share during the forecast time period, with around 70% market share in 2027, and CAGR of 6.6%
  • The online distribution segment is anticipated to grow at very fast rate in the global wine corks market, with a CAGR of 9.5% during the forecast period.
  • The synthetic segment is estimated to grow at a CAGR of 9.4% during the forecast period. 

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About Us:

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

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
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Fax: +1(855)550-5975
help@alliedmarketresearch.com 
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Beard Grooming Market Drivers Shaping Future Growth, Revenue $43.1 Billion by 2026 – Viking Beard Stuff, Robin Hood Beard Company, Beardbrand

According to a new report published by Allied Market Research titled, Beard Grooming Market by Product Type, End Use and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global beard grooming market size was valued at $24.1 billion in 2018, and is projected to reach $43.1 billion by 2026, growing at a CAGR of 7.7% from 2019 to 2026. In 2018, Europe accounted for nearly 30.2% share of the beard grooming market.

Beard growing has been at the height of fashion with majority of the male population sporting different types of beard styles that is turning out to be much more attractive and trendier. However, beard growing requires maintenance, which is possible only through the application of right type of beard grooming products. This fosters the demand for different bread grooming products such as beard trimmer, beard oil, shampoo, gels, moisturizer, softener, and other such.

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Top Company Profiles:

Key players operating in beard grooming industry include Viking Beard Stuff, Robin Hood Beard Company Ltd., Beardbrand, The Bearded Man Company Limited, Wahl Ltd., Koninklijke Philips N.V., Panasonic, The Brighten Beard Company, Zeus among others.

Some of the key manufacturers in the market, have been strategizing on continuously improvising its product offerings that cater to the requirement of target customers owing to the rise in demand for beard grooming products. In 2018, Philips one of the key players in the global beard grooming market, launched a new line of shaver under the brand name of S9000 Prestige specifically designed for men who desire for a blade-close shave, but do not wish to compromise on skin comfort. Similarly, taking in consideration on customers desire for flexibility and convenience, several key players in the global beard grooming market have been producing and promoting beard trimmer as well as shaver in its wireless or portable formats.

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Over the past couple of years, there has been a rise in demand for different types of natural and organic products. Customers seek products that are derived from natural ingredient no matter when it comes to cosmetic or food products. Taking this consumer buying perception into consideration, manufacturers consider using natural ingredient in their existing products. For instance, Maple Holistics promotes its beard oil products Assuage claiming to be processed with several key natural ingredients such as grapeseed oil, coconut oil, avocado oil, citrus limonum oil, sunflower oil among others.

Premiumization is a process where the manufacturers make a brand or a product more appealing to consumers by emphasizing on its superior quality and exclusivity. It is driven by preference for high-quality products and services rather than looking in for affordable prices. Customers tend to choose premium quality products or services owing to the rise in per capita income.

The global beard grooming market is segmented on the basis of product type, distribution channel, and region. By product type, the market is classified into beard oil, beard shampoo, shaving cream, trimmers, shaving gel, waxes, and others. By end user, the market is categorized into personal and commercial. By distribution channel, the beard grooming market is divided into hypermarket/supermarket, specialty store, online store, and others.

Key Finding of The Beard Grooming Market:

  • In 2018, by product type, the shaving cream segment accounted for higher value beard grooming market share. 
  • In 2018, by end user, the personal segment accounted for 80.0% share of the beard grooming market analysis. 
  • In 2018, by region, Europe accounted for a prominent market share and is anticipated to grow at a CAGR of 6.9% throughout the beard grooming market forecast period.

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Hair Straightener Market

CBD Skin Care Market 

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.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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Industrial Hemp Market Overview, Business Opportunities future, Size, growth 2027

According to a new report published by Allied Market Research, titled, “Industrial Hemp Market by Type, Application, and Source: Opportunity Analysis and Industry Forecast, 2021–2027,” The global industrial hemp market size was valued at $4.9 billion in 2019, and is projected to reach $18.6 billion by 2027, registering a CAGR of 22.4% from 2021 to 2027. 

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Hemp seeds or industrial hemp is obtained from “Cannabis sativa” which contains only traces of tetrahydrocannabinol (THC). Hemp seeds are especially grown for commercial use and it is used in wide range of products. Hemp seeds are rich in two essential fatty acids, linolenic (omega-3) and linoleic (omega-6). They are also rich source of vitamin B1, vitamin B2, vitamin B6, vitamin D, vitamin E, magnesium, calcium and potassium among others. Moreover, very rare plant-based foods are a complete source of protein, hemp seeds on the other hand possess descent amount of protein that can be considered as a value addition to a vegan diet. Since, the humans cannot generate essential fatty acids, the addition of hemp seeds in food application will be useful as they are a rich source of linoleic (omega-6) and linolenic (omega-3). Furthermore, hemp seeds can be used to produce a variety of food products such as hemp milk, hemp oil, hemp cheese substitutes and hemp-based protein powder. Thus, owing to rich source of protein and vitamin hemp seed are used in food and beverages which further fuels the growth of industrial hemp market.

The raising legalization of the cultivation of hemp is encouraging the producer and research institution to develop new products from industrial hemp. In addition, legalization and increased production of hemp oil may improve the cost of producing hemp oil and subsequently hemp biodiesel. Biofuels is one such application, which is anticipated to have crucial growth potential in the upcoming years. Continuous rise in the price of oil (petrol & diesel), along with the raising concerns about global warming, biofuels have been gaining popularity. Moreover, hemp seed extracts are used to produce hemp biodiesel, which can be used any diesel operated vehicle. Furthermore, industrial hemp can be used to produce ethanol, which is currently processed from food crops like corn and wheat. This process will result in increased efficiency of food production. Thus, raising new product development from hemp is becoming the current industrial hemp market trends.

COVID-19 was declared a pandemic by the World Health Organization (WHO) on March 11, 2020. The COVID-19 pandemic has had a significant impact on the industrial hemp market, due to import and export restrictions on hemps and its related products. In addition, lockdown measures imposed by governments are key challenges exporters face in North America and Asian markets, as they disrupt global supply chain.

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Industrial hemp creates one of the most eco-friendly fabrics in the world owing to which hemp fiber is also called as fiber of hundred uses. Moreover, pure hemp has a texture which is similar to linen and because of its flexibility it used in variety of products such as from clothing to home wares, shoes, accessories, dog collars and others.

The market has been segmented based on type, application, source and region. Based on type, the market is segmented into hemp seed, hemp oil, hemp fiber and others. Based on application the global market is studied across food and beverages, textiles, personal care products, pharmaceuticals and others. On the basis of source, the market is categorized into conventional and organic. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings Of The Study

  • By type, the hemp oil segment dominated the global market in 2019, and is expected to retain its dominance throughout the forecast period.
  • By application, the personal care products segment accounted for highest share in the industrial hemp market growth in 2019, and is projected to grow at a CAGR of 19.6% from 2021 to 2027.
  • By source, the conventional segment led the global demand in 2019, and is expected to retain its dominance throughout the industrial hemp market forecast period.
  • By region, Asia-Pacific accounted for highest industrial hemp market share in 2019, and is expected to grow at a CAGR of 20.4%. 

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The key players profiled in the industrial hemp industry includes Hempco Food and Fiber Inc., Ecofibre, Hemp Inc., GenCanna, HempFlax Group B.V., The Konoplex Group, South Hemp, Plains Industrial Hemp Processing Ltd., MH medical hemp and Hempro International GmbH & Co. KG.

Reasons to Buy this Industrial Hemp Market Report:

> Mergers and acquisitions should be well-planned by identifying the best manufacturer.

> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

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About Us

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

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.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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help@alliedmarketresearch.com

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Pico Projector Market 2022: Industry Trends, Opportunities, Size, Share, Growth, Trends Analysis and Forecast 2030 | Aaxa Technologies, Inc., LG Electronics

Allied Market Research published an exclusive report, titled, “Pico Projector Market by Technology (Digital Light Processing (DLP), Laser Beam Steering, Holographic Laser Projection, and Liquid Crystal on Silicon (LCoS)), Product (Embedded, Non-embedded/Standalone, and USB), Application (Consumer Electronics, Business & Education, and Others), and Compatibility (Laptop/Desktop, Smartphones, Digital Camera, Portable Media Players, and Others): Global Opportunity Analysis and Industry Forecast, 2017 – 2023”.

Download Sample Report with Full TOC @ https://www.alliedmarketresearch.com/request-sample/120

The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The pico projector market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces such as 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).

Research Methodology

The research operandi of the global pico projector market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

• By Technology
o Digital Light Processing (Dlp)
o Laser Beam Steering
o Liquid Crystal On Silicon (Lcos)

• By Product
o Embedded
o Non-Embedded/ Standalone
o Usb

• By Application
o Consumer Electronics
o Business & Education
o Others (Healthcare, Retail, Aerospace And Defense)

• By Compatibility
o Laptop & Desktop
o Smartphones
o Digital Camera
o Portable Media Players
o Others (Video Console, Monitor Tv)

Pre-Book Now with 10% Discount @ https://www.alliedmarketresearch.com/purchase-enquiry/120

Highlights of the Report

  • Competitive landscape of the pico projector market.
  • Revenue generated by each segment of the pico projector market by 2030.
  • Factors expected to drive and create new opportunities in the pico projector market.
  • Strategies to gain sustainable growth of the market.
  • Region that would create lucrative business opportunities during the forecast period.
  • Top impacting factors of the pico projector market.

COVID-19 Impact Analysis

The outbreak of the pandemic affected the global economy to a considerable extent. Citing a micro- and macro-economic analysis, the report presents a sizeable impact of the global health crisis on the market in detail. The exhaustive study focuses on the market share and extent, which depicts the impact that the pandemic has had on the global market all throughout 2020 and is likely to have in the coming years. Last but not the least; the report also portrays the strategy incorporated by the frontrunners in the industry, so as to combat the downfall.

The report provides the SWOT analysis of the key market players including, Texas Instruments, Inc., MicroVision, Inc, Aaxa Technologies, Inc., LG Electronics, Inc., Lenovo Group Ltd., Optoma Technology Corp., Syndiant, ZTE Corporation, Celluon, Inc., and Miroir USA, which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

Enquire for customization with Detailed Analysis of COVID-19 Impact in Report @ https://www.alliedmarketresearch.com/request-for-customization/120?reqfor=covid

Key Questions Answered In The Report

Q1. At what CAGR, the Global pico projector market will expand from 2022 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of pico projector market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in pico projector market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of pico projector market?

Q8. What are the key growth strategies of pico projector Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2022 – 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain the lead over the forecast period?

About Us

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

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.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

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Allied Market Research Blog: https://blog.alliedmarketresearch.com

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Sound Level Meters Market Growth Insights, Size, Share, Trends and Forecast by 2030 | Brel & Kjr, Norsonic

Allied Market Research published an exclusive report, titled, “Sound Level Meters Market by Type (Ordinary Sound Level Meters and Precision Sound Level Meters), Application (Factories & Enterprises, Environment Protection, Transportation, R&D, and Others) – Global Opportunity Analysis & Industry Forecast, 2017-2023”.

Download Sample Report with Full TOC @ https://www.alliedmarketresearch.com/request-sample/2552

The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The sound level meters market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces such as 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).

Research Methodology

The research operandi of the global sound level meters market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

By Type
• Ordinary Sound Level Meters
• Precision Sound Level Meters

By Application
• Factories & Enterprises
• Environment Protection
• Transportation
• R&D
• Others

Pre-Book Now with 10% Discount @ https://www.alliedmarketresearch.com/purchase-enquiry/2552

Highlights of the Report

  • Competitive landscape of the sound level meters market.
  • Revenue generated by each segment of the sound level meters market by 2030.
  • Factors expected to drive and create new opportunities in the sound level meters market.
  • Strategies to gain sustainable growth of the market.
  • Region that would create lucrative business opportunities during the forecast period.
  • Top impacting factors of the sound level meters market.

COVID-19 Impact Analysis

The outbreak of the pandemic affected the global economy to a considerable extent. Citing a micro- and macro-economic analysis, the report presents a sizeable impact of the global health crisis on the market in detail. The exhaustive study focuses on the market share and extent, which depicts the impact that the pandemic has had on the global market all throughout 2020 and is likely to have in the coming years. Last but not the least; the report also portrays the strategy incorporated by the frontrunners in the industry, so as to combat the downfall.

The report provides the SWOT analysis of the key market players including, 3M, Cirrus Research Plc, Brel & Kjr, Norsonic, RION Co., Ltd., Svantek Inc., Testo SE & Co. KGaA, TES Electrical Electronic Corp., NTi Audio, and Casella Inc., which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

Enquire for customization with Detailed Analysis of COVID-19 Impact in Report @ https://www.alliedmarketresearch.com/request-for-customization/2552?reqfor=covid

Key Questions Answered In The Report

Q1. At what CAGR, the Global sound level meters market will expand from 2022 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of sound level meters market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in sound level meters market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of sound level meters market?

Q8. What are the key growth strategies of sound level meters Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2022 – 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain the lead over the forecast period?

About Us

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

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.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

Follow Us on | Facebook | LinkedIn | YouTube |