A Market Place Research – Page 149

Cat Litter Market Fueled by Strong CAGR of 4.7%, and Projected to Reach a Value of $11,293.30 Million by 2030

According to a new report published by Allied Market Research, titled, “Cat Litter Market by Product, Raw Material and Distribution Channel: 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.

𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/cat-litter-market-A15878

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐜𝐚𝐭 𝐥𝐢𝐭𝐭𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟕,𝟐𝟏𝟐.𝟖𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟏𝟏,𝟐𝟗𝟑.𝟑𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟒.𝟕% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟏 𝐭𝐨 𝟐𝟎𝟑𝟎.

The growing number of cat owners around the world is likely to boost cat litter market growth. Most cat owners prefer not to let their cats out of the house for a variety of reasons, including human animosity and inclement weather. These variables are expected to drive the product demand during the forecast period. Product sales are being boosted by the growing trend of pet humanization as well as rise of the pet population in the U.S. As a result, growing pet expenditure will drive market growth.

The global cat litter market is segmented into product type, raw material, distribution channel, and region. By product type, the cat litter industry is classified into clumping and non-clumping. On the basis of raw material, it is fragmented into clay, silica, and others. Depending on distribution channel, it is categorized into hypermarkets/supermarkets, specialty pet stores, and online channels. Region wise, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and the rest of Asia Pacific), and LAMEA (Brazil, Argentina, South Africa, and the rest of LAMEA).

On the basis of product type, the clumping segment accounted for the highest share in 2020. This is attributed to the fact that clumping litter is a popular and convenient choice among pet owners. Many people say that it makes cleaning up a lot easier. In addition, clumping litter comes in a variety of fragrances, granule sizes, and textures. The litter soon attaches to the waste, cupping around to form a barrier. It prevents waste from spreading throughout the litter box, keeping the kitty box fresher for longer.

𝐅𝐋𝐀𝐒𝐇 𝐒𝐀𝐋𝐄 𝐓𝐢𝐥𝐥 𝟑𝟎 𝐀𝐮𝐠𝐮𝐬𝐭 𝟐𝟎𝟐𝟑 – 𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/d784f39f21f9505824f8e5d64489dca2

Depending on raw material, the clay segment garnered the largest share of the global cat litter market share in 2020, and is expected to dominate the market throughout the forecast period. This is attributed to the fact that clay absorbs ample amount of water in a short time span, keeping the litter box dry and clean.

By distribution channel, the hypermarkets/supermarkets segment accounted for the highest share in 2020, as customers benefit from the availability of a wide choice of products, product discounts, sales representative assistance, and speedy checkouts at hypermarkets/supermarkets. Thus, these advantages are predicted to promote shopping at hypermarket/supermarket growth during the cat litter market forecast.

By Region, Asia-Pacific registered the highest growth in 2020, followed by Europe and North America. China and the U.S. were the most prominent countries accounting for a sizeable share in the global market.

Key players in the cat litter market have relied on product launch as their key strategic move to stay relevant in the global market. The key players profiled in the report are Mars Inc., Nestle SA, Church & Dwight Co. Inc., The Clorox Company, Dr. Elsey’s, Oil-Dri Corporation of America, Pestell Pet Products, ZOLUX SAS, Cat Litter Company, and Healthy Pet.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬:

○ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cat litter market analysis from 2020 to 2030 to identify the prevailing cat litter market opportunity.
○ 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 cat litter market segmentation assists to determine the prevailing market opportunities.
○ Major countries in each region are mapped according to their revenue contribution to the global cat litter market size.
○ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
○ The report includes the analysis of the regional as well as global cat litter market trends, key players, market segments, application areas, and market growth strategies.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/16247

𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐭𝐨 𝐛𝐮𝐲 𝐂𝐚𝐭 𝐋𝐢𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:

• Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
• Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
• Classify potential new clients or partners in the target demographic.
• Develop tactical initiatives by understanding the focus areas of leading companies.
• Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
• Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
• Report will be updated with the latest data and delivered to you within 2-4 working days of order.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
• Create regional and country strategies on the basis of local data and analysis.

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 “𝐀𝐌𝐑 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

○ Mexico Cat Litter Market Opportunity Analysis and Industry Forecast, 2020-2030
○ Cat Treats Market Top Factors That Are Leading The Demand Around The Globe
○ Pet Treats Market is projected to reach $29.7 billion by 2031
○ Vegan Pet Food Market is estimated to reach $16.3 billion by 2030
○ Pet Boarding Market is projected to reach $35.8 billion by 2031
○ Pet Training Services Market is projected to reach $6.84 billion by 2031
○ Pet Clothing Market is projected to reach $7.66 billion by 2031

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.

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Car Finance Market: Latest Industry Trends, Trades, Supply, Demand, Prospects by 2032

Allied Market Research published a report, titled, “Car Finance Market by Distribution Channel (Banks, OEMs, Credit Unions, and Others), Vehicle Age (New Vehicles and Used Vehicles), Application (Personal and Commercial), and Purpose (Loans and Lease): Global Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report, the global car finances industry was pegged at $1.29 billion in 2019, and is expected to hit $2.33 billion by 2027, registering a CAGR of 14.3% from 2020 to 2027.

Drivers, restraints, and opportunities-

Rise in global average price of automobiles and increase in demand for vehicles fuel the growth of the global car finance market. On the other hand, emergence of rideshare services and surge in debts from various borrowers curtail down the growth to some extent. However, enactment of technologies in existing product lines and untapped potential of emerging economies are expected to create multiple opportunities for the key players in the industry.

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Covid-19 scenario-

The outbreak of the pandemic has resulted in sharp decline in consumer trends and preferences toward purchasing cars. Accordingly, the global car finance market has been considerably affected. However, the overall situation is gradually being ameliorated across the world and the market is expected to get back to its position soon.
At the same time, it’s worth mentioning that people across the world have started preferring private way of transportation over selecting public transport which, in turn, has provided the market with a mixed effect.

The banks segment to lead the trail by 2027-

Based on distribution channel, the banks segment accounted for nearly two-fifths of the global car finance market share in 2019 and is anticipated to maintain the lion’s share throughout the study period. The OEMs segment, on the other hand, would portray the fastest CAGR of 15.5% by 2027. This is attributed to the fact that banks tend to provide car financing at a discounted rate and they involve easier loan process as well as timely services.

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The new vehicles segment to dominate during the estimated period-

Based on vehicles age, the new vehicles segment contributed to more than half of the global car finance market revenue in 2019 and is expected to rule the roost during the forecast period. This is because consumers taking new cars via financing methods are provided with multiple features by the manufacturer, distributor or dealer having several tie-ups with other providers in the market. Simultaneously, the used vehicles would manifest the fastest CAGR of 14.6% from 2020 to 2027, owing to rise in demand for used cars with customized models, limited budget for availing car loans, and changing business preferences toward vehicles.

Asia-Pacific, followed by Europe and North America, to rule the roost-

Based on geography, Asia-Pacific, followed by Europe and North America, held the major share in 2019, garnering more than two-fifths of the global car finance market. The same region would also register the fastest CAGR of 15.4% by the end of 2027. This is due to rise in the number of middle class customers for buying new cars and increase in their disposable incomes.

COVID Impact Analysis on Car Finance Industry: https://www.alliedmarketresearch.com/request-for-customization/4336?reqfor=covid

Frontrunners in the industry-

Bank of America Corporation
Ford Motor Company
Volkswagen Finance Private Limited.
Capital One
Daimler AG
General Motors Financial Company, Inc.
Ally Financial Inc.
Hitachi Capital Corporation
JPMorgan Chase & Co.
Toyota Financial Services

Regional Reports:

South Korea Car Finance 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.

Airport Retailing Market is Estimated to Accelerate At a Whopping 12.6% CAGR, Reaching $40,592.8 Million in 2027

Allied Market Research published a new report, titled, “Airport Retailing Market by Product Type, Airport Size, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2027″. 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.

𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/8307

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐢𝐫𝐩𝐨𝐫𝐭 𝐫𝐞𝐭𝐚𝐢𝐥𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟐𝟕,𝟓𝟓𝟐.𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟏𝟗, 𝐚𝐧𝐝 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐠𝐫𝐨𝐰 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟐.𝟔% 𝐝𝐮𝐫𝐢𝐧𝐠 𝟐𝟎𝟐𝟏–𝟐𝟎𝟐𝟕 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝟒𝟎,𝟓𝟗𝟐.𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟕.

Airport retailing has grown in popularity in recent years. Often referred to as travel retail (because it takes place mostly but not entirely in an airport), it has emerged as an important strategy for companies looking to promote and raise awareness about their brand. Airports with low airfares are unable to generate significant revenue from aeronautical business. As a result, they have transitioned their business into non-aeronautical businesses such as retail stores, restaurants, bars, and cafeterias. Airport retailing can also include hotels, nursing homes, car rental outlets, banks, exchange offices, drugstores, and other stores selling jewelry, books and magazines, gifts and crafts, clothing and accessories, convenience stores, optics, Fragrance and Perfume.

Rise in inclination of people toward unique and exotic holiday experiences, surge in the income of middle- & upper-class people, and growing interest of people to spend more money on shopping fuel the growth of the global airport retailing market. On the other hand, stringent government regulations impede the growth to some extent. Nevertheless, upsurge in the tourism sector, affordable airfares, increased airport investment to expand retail spaces, and the introduction of new terminals are expected to create lucrative opportunities in the industry.

Based on product type, the perfumes and cosmetics segment accounted for nearly two-fifths of the global airport retailing market share in 2019, and is expected to rule the roost by the end of 2027. The same segment would also register the fastest CAGR of 13.7% from 2021 to 2027. Improvement in lifestyle along with increase in affluent population drives the segment growth.

𝐅𝐋𝐀𝐒𝐇 𝐒𝐀𝐋𝐄 𝐓𝐢𝐥𝐥 𝟑𝟎 𝐀𝐮𝐠𝐮𝐬𝐭 𝟐𝟎𝟐𝟑 – Get Complete Report: https://www.alliedmarketresearch.com/checkout-final/3a4d36a1203ebad53d4ac8ff660a124e

Based on airport size, the large airport segment contributed to nearly three-fifths of the global airport retailing market revenue in 2019, and is anticipated to lead the trail by 2027. Large airports are located at the capital region of countries and are popular holiday destinations. These airports have a considerable number of business class travelers who notably contribute toward the sale of products through travel retail hubs. These factors propel the segment growth.

The airport retailing market is being driven by an increase in the number of passengers, particularly in countries with a high level of public transportation, such as India and China. The airport retailing market is also being boosted by travelers’ desire to shop on the go and retailers’ growing ability to sell products. Passengers’ time spent at airports has also increased as a result of airlines’ early check-in times set due to security and operational concerns. This has given retailers the ability to sell products more efficiently.

Region, Asia-Pacific, followed by Europe and North America, held the major share in 2019, garnering nearly two-fifths of the global airport retailing market. The same region would also cite the fastest CAGR of 13.7% from 2021 to 2027. This is due to increase in number of new air routes and the introduction of low cost carrier (LCC) in the province.

The global market is fragmented with the presence of several market participants across various regions such as Airport Retail Group LLC, Dubai Duty Free, Dufry AG, DFS Group Ltd, King Power International, The Shilla Duty Free, China Duty Free Group Co., Ltd, Gebr. Heinemann SE & Co. KG, Japan Airport Terminal Co., Ltd, and Flemingo International.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/8307

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬:

○ The study provides an in-depth analysis of the global airport retailing market growth with current trends and future estimations to elucidate the imminent investment pockets.
○ The report provides a quantitative analysis of the airport retailing market share from 2019 to 2027 to identify the prevailing airport retailing market opportunities.
○ The report provides a quantitative analysis from 2019 to 2027, which is expected to enable the stakeholders to capitalize on prevailing airport retailing market trends.
○ In-depth analysis and the airport retailing market size and segmentation assist to determine the prevailing opportunities.
○ Competitive intelligence in airport retailing market analysis highlights the business practices followed by leading players across various regions.

𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐭𝐨 𝐛𝐮𝐲 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐑𝐞𝐭𝐚𝐢𝐥𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 “𝐀𝐌𝐑 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

○ Electronic Cigarette Market is projected to reach $94,316.6 million by 2031
○ Luxury Apparels Market is projected to reach $278,181.5 million by 2031
○ Luxury Jewelry Market is projected to reach $40.19 billion by 2031
○ Luxury Footwear Market is projected to reach $39,987.4 million by 2030
○ Luxury Cosmetics Market is expected to garner $81,247.6 million by 2026
○ Sunglasses Market is estimated to reach $18,164 million by 2027
○ Musical Instruments Market is projected to reach $11,589.8 million by 2030

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Key Insights on $51.7 Billion Opportunity in Global Sparkling Wines Market – Europe was the most prominent Region

According to a new report published by Allied Market Research, titled, “Sparkling Wine Market by Type, Product, Price Point, and Sales Channel: Opportunity Analysis and Industry Forecast, 2021–2027,”

The global sparkling wines market size was valued at $33.9 billion in 2019 and is anticipated to reach $51.7 billion by 2027, growing at a CAGR of 7.3% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $17.8 billion from 2019 to 2027. Sparkling wine is a fermented carbonated beverage made with grapes and other fruits. The fermentation process results in the production of alcohol and CO2. During the fermentation process, the gas is not allowed to escape, and thus forms tiny bubbles. This carbonation of wine takes place either in bottles or large tanks. Carbonation can also result from CO2 injected into a few varieties of wines.

>>>Get Sample Copy of the Research @ https://www.alliedmarketresearch.com/request-sample/8735

Sparkling wine is one of the most popular alcoholic drinks preferred by consumers due to its aroma, taste, quality, and reasonable pricing. Furthermore, global developments, triggered by megatrends, such as urbanization, increasing disposable income, and rapidly aging population, indirectly create demand for sparkling wine, which, in turn, supports the growth of the number of wineries.

The alcohol industry is anticipated to experience the differential impact of the COVID-19 pandemic on each stage of its value chain through the mediums of affected workforce at industrial level, raw material supply (agricultural produce, ingredients, and intermediate products), trade & logistics, demand–supply volatility, and uncertain consumer demand at foodservice outlets. In addition, production, distribution, and inventory levels across the sparkling wines industry spectrum have experienced severe impact. Strong global concerns about the pandemic have largely but negatively influenced the global sparkling wines industry. Moreover, due to this pandemic, the prices of sparkling wines increased in 2020 to overcome economic instability.

The fast pace of global urbanization has resulted in an increased demand for luxury goods and services, especially in developing economies such as LAMEA and Asia-Pacific. As these goods are considered as status symbols, they are increasingly being adopted in these countries, thus providing attractive opportunities to manufacturers to distribute and sell their products in these locations. Furthermore, international events, such as film festivals, art exhibitions, auctions, and award shows, have increased the demand for sparkling wines at such social gatherings.

The major players in the sparkling wines market are investing in R&D to enhance the quality of wine and gain competitive advantage over other players in the market. However, stringent government policies about advertisements and distribution of sparkling wines hamper the sparkling wines market growth.

Consumption of sparkling wines is booming globally as it accounts for 10% of the total wine sales. In recent years, the sale of sparkling wines has grown to 2.5 billion liters consumption every year. Germany was the world champion in sparkling wines consumption, with more than 5 liters per capita and a role as a major distributor of sparkling wines from traditional wine-growing regions in central Europe.

Furthermore, there has been increase in the number of netizens along with rise in internet penetration. Most of the key players in the market strategize on promoting their products on various social media platforms. Through social media marketing strategy, the sparkling wines market attracts critical growth opportunity.

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On the basis of product, it is categorized into cava, champagne, cremant, prosecco, and others. The prosecco segment was valued at $12.1 billion in 2019 and is expected to growth at a CAGR of 6.8% during the forecast period. The segment is expected to reach $17.8 billion by 2027. Attributed to increase in disposable income and aspiration of consumers toward experiential luxury, the market is expected to grow significantly in the coming years.

On the basis of sales channel, the supermarket/hypermarket segment dominated the market in 2019, accounting for 52.8% of the market share, and is expected to retain its dominance over the sparkling wines market forecast period. This is attributed to increase in business of retail sales in different regions and availability of large shelf space for maximum sales.

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Region-wise, Europe was the prominent market in 2019, garnering maximum market share. The major countries of the region, such as Italy, Spain, and France, held half of the production of wine across the globe. Therefore, the positive economic prospects of Europe seem sufficient for a rise in aspirations among urban consumers with higher disposable income to invest in luxury products. However, the market is expected to provide attractive profitable opportunities to the manufacturers.

The key players profiled in this report include Accolade Wines Australia Limited, Bronco Wine Company, Casella Family Brands, Caviro Extra S.P.A, Constellation Brands, E. & J. Gallo Winery, Pernod Ricard, The Wine Group, Treasury Wine Estates, and Vina Concha Y Toro SA.

Key Findings of the Study :-

By type, the red segment held the highest market share, accounting for 54.5% of the global sparkling wines market share.
In 2019, by product, the prosecco segment held the highest market share, accounting for 35.8% of the market share.
By price point, the luxury segment is expected to witness the fastest growth rate of 7.9% during the forecast period.
By sales channel, the supermarket/hypermarket segment held the highest market share, accounting for 52.8% of the market share.
In 2019, Europe was the most prominent regions in the sparkling wines market, and is expected to grow at a significant CAGR during the forecast period.
The report provides a quantitative analysis of the current sparkling wines market trends, estimations, and dynamics of the global sparkling wines market from 2021 to 2027 to identify the prevailing opportunities.

>>>Browse Related Reports :-

>>>Animal Protein Market

>>>Coconut Milk 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:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
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Snow Sweeper Truck Market Margin & Trends Analysis Report 2030 | Marcel Boschung AG, Airport Technologies

According to a new report published by Allied Market Research, titled, “Global Snow Sweeper Truck Market,” The global snow sweeper truck market size was valued at $361.4 million in 2021, and is estimated to reach $555.9 million by 2031, growing at a CAGR of 4.4% from 2022 to 2031.

𝙂𝙚𝙩 𝙞𝙣𝙨𝙞𝙙𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙧𝙚𝙥𝙤𝙧𝙩, 𝙧𝙚𝙦𝙪𝙚𝙨𝙩 𝙛𝙤𝙧 𝙋𝘿𝙁 𝙝𝙚𝙧𝙚: https://www.alliedmarketresearch.com/request-sample/4064

Commonly observed types of snow sweeper trucks are rotary snow sweeper truck, and wedge snow sweeper truck. Among these, the wedge snow sweeper truck accounted for the highest market share in 2021, owing to its ability to sweep large volumes of snow at a time. Further, the OEM under the business segment registered a higher demand in 2021, owing to easy large sales made of OEMs. In addition, the market is analyzed with respect to the application of snow sweeper trucks in street, airport, highway, and agriculture. Among these, the agriculture is expected to grow at the highest CAGR. The market is mainly driven by the recovery in winter tourism, and rise in investments for infrastructure construction. However, the high acquisition, and maintenance cost of snow sweeper truck, and the decrease in snowfall due to global warming, constraints the growth of the market.

Region-wise, the snow sweeper truck market share analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA. In 2021, Europe dominated the global market, in terms of revenue. Moreover, the market in Asia-Pacific is expected to grow with the highest CAGR, owing to the growth in the use of snow sweeper truck for removing snow from highways.

The advancements in technology, that have enabled the autonomous and remote operation of snow sweeper truck is anticipated to provide lucrative opportunities for the snow sweeper truck market growth.

Moreover, key players in the market are partnering with other companies in the similar markets for rapid growth. For instance, in May 2022, Marcel Boschung AG, involved in manufacturing surface clearing equipment, signed a partnership agreement with the Airport Technologies Inc. Airport Technologies Inc., is a Canada based high performance airport vehicle manufacturer. This partnership is aimed towards strengthening their offerings by combining their portfolios, creating product synergies such as with two of their MTE products: ATI’s Snow Mauler as tow truck with mounted snow plow and Boschung’s high performance sweeper blower hanger unit the Jetbroom 10000 T. This partnership will also introduce new fully electric and autonomous vehicles in the range of compact sweepers and multipurpose equipment carriers.

However, various manufacturers in the snow sweeper truck market had to stop their business in countries such as China, U.S., and Europe, during the pandemic lockdown. This break directly impacted the growth of snow sweeper truck and its components manufacturing companies. In addition, the lack of manpower and raw materials negatively influenced the growth of the market. However, after two years of COVID-19 outbreak and the introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁

Commonly observed types of snow sweeper trucks are rotary snow sweeper truck, and wedge snow sweeper truck. Among these, the wedge snow sweeper truck accounted for the highest market share in 2021, owing to its ability to sweep large volumes of snow at a time. Further, the OEM under the business segment registered a higher demand in 2021, owing to easy large sales made of OEMs.

In addition, the market is analyzed with respect to the application of snow sweeper trucks in street, airport, highway, and agriculture. Among these, the agriculture is expected to grow at the highest CAGR. The market is mainly driven by the recovery in winter tourism, and rise in investments for infrastructure construction. However, the high acquisition, and maintenance cost of snow sweeper truck, and the decrease in snowfall due to global warming, constraints the growth of the market.

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗢𝘂𝘁𝗹𝗼𝗼𝗸

Region-wise, the snow sweeper truck market share analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA. In 2021, Europe dominated the global market, in terms of revenue. Moreover, the market in Asia-Pacific is expected to grow with the highest CAGR, owing to the growth in the use of snow sweeper truck for removing snow from highways.

The advancements in technology, that have enabled the autonomous and remote operation of snow sweeper truck is anticipated to provide lucrative opportunities for the snow sweeper truck market growth.

𝙈𝙖𝙠𝙚 𝙖 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙄𝙣𝙦𝙪𝙞𝙧𝙮:- https://www.alliedmarketresearch.com/purchase-enquiry/4064

𝗧𝗵𝗲 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀

Moreover, key players in the market are partnering with other companies in the similar markets for rapid growth. For instance, in May 2022, Marcel Boschung AG, involved in manufacturing surface clearing equipment, signed a partnership agreement with the Airport Technologies Inc. Airport Technologies Inc., is a Canada based high performance airport vehicle manufacturer.

This partnership is aimed towards strengthening their offerings by combining their portfolios, creating product synergies such as with two of their MTE products: ATI’s Snow Mauler as tow truck with mounted snow plow and Boschung’s high performance sweeper blower hanger unit the Jetbroom 10000 T. This partnership will also introduce new fully electric and autonomous vehicles in the range of compact sweepers and multipurpose equipment carriers.

However, various manufacturers in the snow sweeper truck market had to stop their business in countries such as China, U.S., and Europe, during the pandemic lockdown. This break directly impacted the growth of snow sweeper truck and its components manufacturing companies.

𝙏𝙤 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙩𝙝𝙞𝙨 𝙋𝙧𝙚𝙢𝙞𝙪𝙢 𝙍𝙚𝙥𝙤𝙧𝙩:- https://www.alliedmarketresearch.com/checkout-final/c1b5d459c187f893cb1917f05e7b672e

In addition, the lack of manpower and raw materials negatively influenced the growth of the market. However, after two years of COVID-19 outbreak and the introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

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Greenhouse Heaters Market Growth Outlook and Industry Report, 2031 | Armstrong International, Heat-Flo, F.B. Heaters.

According to a new report published by Allied Market Research, titled, “Greenhouse Heaters Market,” The greenhouse heaters market size was valued at $1.8 billion in 2021, and is estimated to reach $3.2 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.

𝙂𝙚𝙩 𝙞𝙣𝙨𝙞𝙙𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙧𝙚𝙥𝙤𝙧𝙩, 𝙧𝙚𝙦𝙪𝙚𝙨𝙩 𝙛𝙤𝙧 𝙋𝘿𝙁 𝙝𝙚𝙧𝙚:- https://www.alliedmarketresearch.com/request-sample/17448

Greenhouse heaters are used to provide a comfortable environment for plants and extend their life in cold climates. They are devices that maintain a constant temperature without releasing harmful substances to plants. Greenhouse heaters are used in greenhouses to maximize crop productivity or profit. A greenhouse heater is a heating system that can keep a greenhouse at a constant temperature. Some agricultural seedlings and flowering plants can survive and thrive in all four seasons, provided the greenhouse temperature is kept constant.

Increased economic activity in developing countries leads to increased demand for energy and consumption, leading to environmental degradation. Such environmental degradation will be rectified as the economies of these countries grow, enabling the introduction of green technologies and green regulations and policies. As a result, by adding layers and expanding the growing space, greenhouse farms can increase overall crop production. Such factors drive the demand for greenhouse heaters market growth.

In both conventional farming and greenhouse farming, large quantities of plants are frequently produced for consumers, but in case of greenhouse farming, farmers have more control over the environment in which their crops are healthier compared to conventional farming. It is only possible due to greenhouse heaters. However, lack of awareness of the product is one of the factors restraining the global greenhouse heaters market’s expansion, which is likely to continue over the forecast period.

The outbreak of the COVID-19 pandemic led to a halt in logistic and manufacturing activities across the globe, which, in turn, led to an interruption of the supply chain, thereby hindering the growth of the greenhouse heaters market. However, this situation is expected to improve as governments are relaxing norms around the world for resuming business activities.

The recent greenhouse heaters market trends are organized shelters and favorable government policies will benefit the global market for greenhouse heaters. Due to the rising demand for commercial greenhouses, premium greenhouses will likely also be in high demand. As This business appears to have a bright future, as people’s preferences and priorities shift in favor of environmental protection. The players in this market can take advantage of these opportunities. Such instances positively supports greenhouse heaters market forecast growth.

The global greenhouse heater market is segmented into heater type, application, greenhouse size, and region. On the basis of heater type, the market is divided into electric heaters, gas heaters and paraffin heaters. Depending on application, it is classified into glass greenhouse and plastic greenhouse. By greenhouse size, it is segregated into small greenhouse, medium greenhouse and large greenhouses. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

COMPETITION ANALYSIS

The major players profiled in the greenhouse heaters market analysis include Agra Tech, Inc., BioGreen GmbH, Heliospectra AB, Hort Americas, Hotbox International, International Greenhouse Company, KING, ELECTRICAL MFG. CO., L.B. White Company, Roberts Gordon and Siebring Manufacturing.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁

The market is segmented based on type, fuel type, and region. On the basis of type, the market is segmented into electric, gas, and oil. Among these, the electric segment is expected to witness the highest growth due to its cost effectiveness and easy installation. In terms of fuel type, the market is divided into propane, natural gas, and LPG.

The global greenhouse heaters market is expected to witness a positive growth over the forecast period. Greenhouse heaters are used to heat up the interior of greenhouses and other horticultural structures. These heaters reduce the need to use fuel and other energy sources, thereby making them an environmentally friendly option. The demand for greenhouse heaters is increasing due to their ability to enhance crop yield. Additionally, the increasing awareness among farmers of the importance of using energy-efficient systems is likely to drive the demand for greenhouse heaters.

The major driving factors for the global greenhouse heaters market are the growing demand for energy-efficient systems and the increasing awareness among farmers of the importance of using energy-efficient systems. Additionally, the increasing number of greenhouse farms is also expected to drive the demand for greenhouse heaters. Furthermore, the rising trend of organic farming is also expected to fuel the market growth.

𝙈𝙖𝙠𝙚 𝙖 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙄𝙣𝙦𝙪𝙞𝙧𝙮:- https://www.alliedmarketresearch.com/purchase-enquiry/17448

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗢𝘂𝘁𝗹𝗼𝗼𝗸

In terms of region, the global greenhouse heaters market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to witness the highest growth in the global market due to the presence of a large number of greenhouse farms in the region. Asia Pacific is also expected to register a significant growth in the market owing to the increasing number of greenhouses in the region.

𝗧𝗵𝗲 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀

Some of the key players in the global greenhouse heaters market are Armstrong International, Inc., Heat-Flo, Inc., F.B. Heaters, Inc., L.B. White Company, American Heat, Inc., and Reznor Ltd. These players are focusing on product innovation and strategic partnerships to enhance their market presence.

Overall, the global greenhouse heaters market is expected to register a healthy growth over the forecast period due to the increasing demand for energy-efficient systems and the rising trend of organic farming. Additionally, the presence of major players in the market is expected to further drive the market growth.

𝙏𝙤 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙩𝙝𝙞𝙨 𝙋𝙧𝙚𝙢𝙞𝙪𝙢 𝙍𝙚𝙥𝙤𝙧𝙩:- https://www.alliedmarketresearch.com/checkout-final/c568c11dcadc2996bb203aff0d2c9108

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

Cable Conduit Systems Market to Reach $12.24 Billion by 2030

Significant surge in the commercial constructions activities across the globe, extensive use of use of submersible electric conduits, liquid tight conduits, and conduits providing protection against fire, rapid urbanization around the world, and increase in demand for highly secure & safe wiring system among people are expected to drive the growth of the global cable conduit systems market. On the other hand, complex installation processes are expected to hinder the growth to some extent. However, persistent technological advancements in conduit products are expected to create remarkable opportunities for the growth of the industry.

According to the report published by Allied Market Research, the global cable conduit systems market generated $6.13 billion in 2020, and is projected to reach $12.24 billion by 2030, growing at a CAGR of 7.8% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

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The report offers a detailed segmentation of the global cable conduit systems market based on type, end-user and region.

Based on type, the rigid cable conduit systems segment held the largest market share in 2020, garnering nearly three-fourths of the total market. The flexible cable conduit systems segment, on the other hand, is predicted to cite the fastest CAGR of 10.6% during the forecast period.

Based on end-user, the IT and telecommunication segment held the majority share in 2020, holding more than one-fifth of the total market. The manufacturing segment, on the other hand, is anticipated to exhibit the fastest CAGR of 10.5% during the forecast period.

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Based on region, the market across North America held the lion’s share in 2020, garnering nearly one-third of the total market. The Asia-Pacific region, on the other hand is projected to cite the fastest CAGR of 9.6% during the forecast period.

The key players of the analyzed in the global cable conduit systems market report include Atkore International Group Inc., S&C Electric, Champion Fiberglass Inc., Dura-Line Holdings Inc., Eaton Corporation Plc., Hubbell Incorporated, Legrand, Schneider Electric, ABB, and Igus Inc.

Eddy-Current Testing Market to Hit $2.3 Billion by 2030, Growing at a CAGR of 9.5%

Major determinants of the market growth

Increase in safety regulations by governments and advancements in the new ECT technology drive the global eddy current testing market. However, dearth of skilled and quality workforce hinders the market growth. On the contrary, surge in outsourcing of services and infrastructural developments in developing countries would open new opportunities in the future.

As per the report by Allied Market Research, the global eddy current testing industry was accounted for $964.45 million in 2020, and is expected to reach $2.3 billion by 2030, growing at a CAGR of 9.5% from 2022 to 2030.

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The conventional eddy current testing segment dominated the market

By technique, the conventional eddy current testing segment held the largest share in 2020, accounting for more than one-fourth of the global eddy current testing market, as these equipment are used for flow detection, material & coating thickness measurement, and material identification. However, the remote field testing segment is estimated to register the highest CAGR of 12.5% during the forecast period, due to rise in demand for steel pipes and tube-based industrial solutions across prime economies.

The training services segment to portray the highest CAGR through 2030

By service, the training services segment is projected to manifest the highest CAGR of 12.4% from 2022 to 2030, due to rise in implementation of safety regulations across prime industries such as oil & gas, industrial, manufacturing, and utility sectors. However, the inspection services segment held the largest share in 2020, accounting for more than one-third of the global eddy current testing market.

Europe, followed by North America, held the highest share

By region, the market across North America dominated in 2020, accounting for nearly two-fifths of the market. However, the global eddy current testing market across Asia-Pacific is anticipated to showcase the highest CAGR of 12.1% during the forecast period, owing to surge in investment by prime players in testing equipment and solutions.

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Major market players

General Electric Company
Olympus Corporation
Ether NDE Limited
Mistras Group Inc.
Eddyfi NDT Inc
TUV Rheinland AG
Ashtead Technology Ltd.
Fidgeon Limited
Ibg NDT System Corporation
Magnetic Analysis Corporation Inc.

Distributed Temperature Sensing (DTS) Market Worth $1.5 Billion by 2030

Significant surge in demand for distributed temperature sensing in oil & gas applications, increase in rules and regulations pertaining to safety standards, and rise in penetration of next-generation optic fiber-based Internet of Things (IoT) solutions are expected to drive the growth of the global distributed temperature sensing market. On the other hand, complex fault detection and troubleshooting processes are expected to hinder the growth to some extent. However, persistent technological advancements in distributed temperature sensors and rapid industrialization across the globe are expected to create ample opportunities for the industry.

According to the report published by Allied Market Research, the global distributed temperature sensing market generated $734.23 million in 2020 and is projected to reach $1.5 billion by 2030, growing at a CAGR of 7.4% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

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Distributed Temperature Sensing (DTS) Market

The report offers a detailed segmentation on the global distributed temperature sensing market based on fiber type, operating principle, application and region.

Based on fiber type, the single-mode fiber segment held the largest market share in 2020, garnering more than two-thirds of the total market. In addition, the same segment is predicted to cite the fastest CAGR of 7.9% during the forecast period. The other segment analyzed in the report includes multimode fiber.

Based on operating principle, the optical time domain reflectometry (OTDR) segment held the majority market share in 2020, holding more than two-thirds of the total market. In addition, the same segment is anticipated to exhibit the fastest CAGR of 7.8% during the forecast period. The other segment analyzed in the report includes optical frequency domain reflectometry.

Based on region, the market across Asia-Pacific held the dominating market share in 2020, garnering more than one-third of the total market. The LAMEA region, on the other hand, is predicted to cite the fastest CAGR of 11.3% during the forecast period.

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The key players analyzed in the global distributed temperature sensing market report include Halliburton Co., Furukawa Electric Co., Ltd., OFS Fitel LLC, Luna Innovations, Schlumberger N.V, Prysmian Group, Weatherford International PLC, Sumitomo Electric Industries Ltd., Bandweaver Technologies. and Yokogawa Electric Corporation.

Latin America Measurement and Test Equipment Market Worth $2.78 Billion By 2030

Rise in demand for modular instruments by product designers & manufacturers and increase in adoption of electronic devices drive the growth of the Latin America measurement and test equipment market. On the other hand, strong inclination of customers toward adoption of measurement and test equipment on rental basis is one of the prime factors impeding the growth to some extent. However, advent of 5G technology and deployment of LTE and LTE-Advanced (4G) networks is expected to provide lucrative opportunities in the industry.

According to the report published by Allied Market Research, the Latin America measurement and test equipment market was estimated at $1.54 billion in 2020 and is expected to hit $2.78 billion by 2030, registering a CAGR of 6.1% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

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The Latin America measurement and test equipment market is analyzed across product type, service type, and industry vertical. Based on product type, the general purpose test equipment segment accounted for the major share in 2020, holding nearly three-fifths of the total market. The mechanical test equipment segment, however, would exhibit the fastest CAGR of 7.0% throughout the forecast period.

Based on service type, the calibration services segment generated the highest share in 2020, accounting for more than two-fifths of the total market. The Repair or After Sale Services segment, on the other hand, would exhibit the fastest CAGR of 6.7% from 2021 to 2030.

Based on industry vertical, the healthcare segment held the lion’s share in 2020, garnering nearly one-fifth of the total market. The automotive segment, on the other hand, is expected to cite the fastest CAGR of 8.5% by 2030.

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The key market players analyzed in the Latin America measurement and test equipment market report include Instek, Uni-T, Owon, National Instrument Corporation, Hantek, Fortive Corporation, Rigol, Rohde & Schwarz Gmbh, Anritsu Corporation, Keysight Technologies, Yokogawa Electric Corporation. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.