Ice Hockey Apparel Market Analysis, Growth Rate, Top Manufacturers, Opportunities and Forecast Assessment, 2021-2030

Allied Market Research published a new report, titled, “Ice Hockey Apparel Market 2021-2030” 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.

Hockey equipment manufacturers have a huge potential to boost their brand equity by providing sponsorships and endorsements to well-known players and clubs, giving them a competitive advantage over their competitors. Furthermore, a growth in government efforts in various countries aimed at increasing sports participation has been a major driver of the market in recent years. As a result, the sport’s popularity has skyrocketed, particularly among young people. For example, the IIHF organizes international ice hockey events all over the world. The IIHF’s main responsibilities are to manage, develop, and organize hockey around the world.

Since its beginnings, North America has been the most active participant in ice hockey, with professional, semi-pro, and junior levels of play in Canada and the United States. Some of the popular ice hockey tournaments played around the region include the National Hockey League (US, Canada), Liga Mexicana Eite (Mexico), Ontario Hockey League (Canada), ECHL (US, Canada), and others.

Apparel and equipment was one of the first industries to adopt technology. Players are now bigger, stronger, and more gigantic than ever before, but their gear is lighter, despite being more durable. Carbon composites are widely used for sticks because they are extremely robust while being lightweight and flexible.

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Furthermore, the protective features have been extensively updated to save weight wherever possible. Bauer Hockey’s protective equipment is leading the way in this area. The proportions of the player’s body are properly mapped using 3D scanning technology. Bauer can create elbow, shin, and shoulder pads based on a player’s precise dimensions once the 3D model is created.

COVID-19 Impact analysis:

○ Additionally, the travel ban has resulted in a lack of raw materials, halting manufacturing.
○ Outdoor activities and other sports like as ice hockey were hampered by the shutdown, and no activity was played for over a year. As a result, a decline in garment sales was forecast, and it will continue to be low until circumstances normalize.

The key market players profiled in the report include:

• Sher-Wood Hockey Inc.
• BAUER Hockey LLC
• Franklin Sports Inc.
• New Balance Inc.
• CCM Hockey
• Cooper Canada Ltd.
• Vaughn Hockey
• Winnwell Inc.
• Wm T. Burnett & Co. Inc.
• Eagle Hockey
• Adidas AG

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Related Reports:

○ Ice Hockey Stick Market Growth Opportunities In Global Industry By 2031
○ Ice Hockey Tape Market Will Show An Increase Of By 2027, Report

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Cosmetic Serum Market Analysis By Growth Rate, Opportunities and Forecast Assessment, 2021-2030

Allied Market Research published a new report, titled, “Cosmetic Serum Market 2021-2030” 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.

Surge in use of serums for skin, hair, and face has been seen and manufacturers have extended their product from premium segment to middle-class segment. The introduction of serum-based products for the middle-class segment and increase in awareness for healthy skin and hairs has created a new customer base for the serum manufacturers. In addition, the aging population throughout world entering the age of 60 years or more have more demand for face serums.

New products launched by market leaders with improved ingredients and benefits have targeted every segment and made an overall impact that helped the global serum market to rise. Artistry by Amway has launched serums which has a base ingredient and 4 more amplifiers like hydration (for 233% more hydration), anti-wrinkle (for improved fine lines and wrinkles), anti-spot (for reducing dark spots), brightening (for improved brightness). This series by Artistry works with one base serum for different skin problems.

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Manufacturers are focused on producing new range of serums serving the aging group and the problems of the face. Key market players have launched products which are specifically for people above 60 years and want anti-aging properties. Olehenriksen has introduced age-defying serums which instantly targets wrinkles, dark spots, fine lines, and reduces aging. The product Glow Cycle Retin-ALT Power Serum contains edelweiss stem cell, bakuchiol, red algae, and tara extracts which makes the skin look firm, promote firmness, gives even tone, and removes spots. In addition, the product doesn’t contain parabens, sulfates, or phthalates and are applicable to all skin types.

The key market players profiled in the report include IT Cosmetics LLC, Philosophy Inc, Philosophy Inc, Loral Group, Olehenriksen, Ester Lauder Companies, Amway, First Aid Beauty Ltd, Proctor and Gamble, EMK Products LLC, Crop Infrastructure Corpand Hindustan Unilever.

North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the rest of Asia-Pacific), LAMEA (Middle East, Brazil, Mexico, and the rest of LAMEA).

Key Benefits of the Report:

○ This study presents the analytical depiction of the global cosmetic serum industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global cosmetic serum market share.
○ The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the global cosmetic serum Market.
○ Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
○ The report provides a detailed global cosmetic serum Market analysis based on competitive intensity and how the competition will take shape in coming years.

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

Related Reports:

○ Cosmetics Face Serum Market Growing Rapidly with Significant CAGR
○ Body Lotion Market Growth Opportunities In Global Industry By 2020-2027

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Global Party Supply Market : Demand for Theme Parties Will Grow, Driving the Market for Party Supplies to Grow at an 8.8% CAGR

According to a new report published by Allied Market Research, titled, “Party Supplies Market by Product Type, Application, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,”

The global party supplies market size was valued at $12.7 billion in 2019, and is projected to reach $20.3 billion by 2027, registering a CAGR of 8.8% from 2021 to 2027.

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Key players operating in the global party supply market have adopted developmental strategies, such as product launch, to strengthen their foothold in the market in terms of value sales. To boost the demand for party supplies, they emphasize on continuous innovation to formulate products and gain a competitive edge in the market.

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According to the key market players, increase in event management and wedding planning business across the globe boosts the growth of the party supplies market in terms of value sales. Therefore, the key players are focused to invest in R&D activities to launch unique & attractive party supplies for customers as well as to maintain their position in the market.

According to some of the key party supplies’ manufacturers, use of mylar or foil balloons in parties is one of the leading trends in the party supplies market, which has fueled the demand for these balloons across the globe. Moreover, theme party is also a leading trend in the market, where customization of party supplies is done as per the customer’s demand and theme of the party. This fuels the growth of the party supplies market in terms of value sales. However, rise in customer awareness regarding the hazardous effects of non-biodegradable party supplies to the environment is expected to hamper the party supplies market growth in terms of value sales during the forecast period.

Growth Industry Trends and Forecasts :- Increase in awareness among kids has also created demand for cartoon character theme party supplies. Change in fashion & trend, theme parties, increase in awareness, surge in disposable income, innovation & technology, expansive categories of supplies, commercial use of supplies, unique designs, and variants in color & material drive the growth of the global party supplies market. Moreover, theme parties and use of latex & mylar balloons and in events & parties are the leading party supplies market trends now.

Party supplies are materials that are required for a party or event. They include various decorative materials such as balloon, games, pinatas, tableware, banners, and others. The party supplies market is experiencing an exponential growth due to emerging fashion and trends. There has been a lot of innovation and utilization of party supplies as accessories, wherein the items are designed according to the occasion. The leading brands produce supplies for occasions such as birthday, graduation, anniversary, Christmas, Halloween, and others. In addition, expansion of distribution channels, such as online stores, supermarkets, hypermarkets, specialized store, and others, has made these party supplies become easily available to customers, thereby contributing to the party supplies market growth.

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Key findings of the study

  • Tableware/disposables segment accounted for the highest party supplies market share in 2019, growing at a CAGR of 6.4% from 2021 to 2027.
  • By application, the domestic use segment accounted for the highest market share in 2019, growing at a CAGR of 8.5% from 2021 to 2027.
  • Supermarket/hypermarket segment accounted for the highest market share in 2019, growing at a CAGR of 7.6% from 2021 to 2027.
  • North America occupied maximum share in the party supplies market in 2019 and is expected to dominate the market during the forecast period.
  • The key players operating in the global party supplies industry include:- Party City, Unique Industries, Martha Stewart, American Greetings, Pioneer Worldwide, Hallmark, Shutterfly, Artisano Designs, Chinet, and Oriental Trading Company.

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FREQUENTLY ASKED QUESTIONS?

Q1. What will be the Party Supplies Market Size From 2021 to 2027?
Q2. What is the CAGR of Party Supplies Market?
Q3. How can I get sample report of Party Supplies Market?
Q4. What is the Party Supplies Market effecting factor?
Q5. What are the segments of Party Supplies Market?

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  • 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

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.

Global Agritourism Market Size to Hit $62.98 Billion by 2027 at a CAGR of 13.4% from 2021 to 2027

Around the world, a sizeable portion of the populace may have little or no interaction with agriculture. As a result, agritourism is crucial in educating this group about farming practices and crop development. One way for non-farmers to learn about agriculture and support family farms by purchasing their goods directly or through intermediaries is through on-farm tourism. For instance, end users and suppliers (farmers and ranchers) are becoming more interested in agricultural and on-farm nature tourism in California (tourists & consumers of agricultural products and services). As a result, new growth possibilities in the agritourism industry are anticipated over the forecast period.

As per the report published by Allied Market Research, the global agritourism market was pegged at $42.46 billion in 2019, and is projected to reach $62.98 billion by 2027, growing at a CAGR of 13.4% from 2021 to 2027.

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The growth of the worldwide agritourism market is driven by the expansion of the travel and tourism sector, government measures to promote agritourism, and an increase in the adoption of agri-allied businesses. However, inappropriate commercialization of agritourism and a lack of understanding among tourists limit industry expansion. On the other hand, market participants should expect attractive prospects in the future due to the rise in health consciousness that will boost the adoption of agritourism.

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Growing demand for family-oriented recreation activities, demand for local food, and experience for farm stays are major attributing factor driving the growth of the Agritourism market. Furthermore, rising curiosity among young minds about the farm and rural activities are creating demand for Agritourism facilities. Agritourism is one such way, where people can find peace and relaxation, which they hardly find in urban areas. Covid-19 drastically impacted whole tourism and Agritourism industry, but decreasing cases of corona virus and development and implication of the corona virus vaccination throughout the world is likely to help tourism and Agritourism sector to regain its position

Key Take Away

  • The agritourism market was valued at $42,460.3million in 2019, and is estimated to reach $62,982.6 million by 2027, growing at a CAGR of 13.4% during the forecast period.
    By activity, the accommodations segment is estimated to witness the fastest growth, registering a CAGR of 18.0% during the forecast period.
  • In 2019, depending on sales channel, the travel agent segment was valued at $28,678.3 million, accounting for 67.8% of the global agritourism market share.
  • In 2019, the Italy was the most prominent market in Europe, and is projected to reach $3,351.1 million by 2027, growing at a CAGR of 12.6% during the forecast period.

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The global agritourism market is segmented on the basis of activity, sales channel, and region. Based on activity, the market is divided into on-farm sales, outdoor recreation, agritainment, educational tourism, accommodations, and others. The on-farm sales segment dominated the market in 2019, accounting for nearly three-fifths of the market. However, the accommodations segment is expected to manifest the highest CAGR of 18.0% during the forecast period.

The market is divided into direct and travel agent segments based on outdoor recreation. In 2019, the travel agent industry held the biggest market share, accounting for more than two thirds of the total. The direct segment, however, is anticipated to grow at the highest CAGR of 14.0 percent throughout the projection period.

North America, Europe, Asia-Pacific, and LAMEA are just a few of the regions that are considered in the analysis of the global agritourism industry. During the projection period, the market in Asia-Pacific is expected to exhibit the highest CAGR of 16.9%. But in 2019, the market in North America, which made up about half of the market, held the highest share.

The global agritourism market report includes an in-depth analysis of the major market players including Agricultural Tour Operators International, Bay Farm Tours, Agrilys Voyages, Farm to Farm Tours, Blackberry Farm, LLC, Harvest Travel International, Greenmount Travel, Select Holidays, Field Farm Tours Limited, and Stita Group.

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.

Cosmetics Market in Pakistan: Growing Trade Among Emerging Economies Opening New Business-Opportunities

According to a new report by Allied Market Research, titled, The Objective of the “Pakistan Cosmetics Market – Opportunity Analysis and Industry Forecast,2021-2028” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

Report is to depict the trends and upcoming for the Pakistan Cosmetics Market industry over the forecast years. Pakistan Cosmetics Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2021 to 2028 mulling over 2020 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

Some of the major players analyzed in this report are Amorepacific Corporation, Avon Products Inc., Genny Cosmetics Inc., Medora of London (Pvt) Ltd., Oriflame Cosmetics S.A., Revlon, Inc., The Estee Lauder Companies Inc., The L’oreal Group, The Procter & Gamble Company, Unilever Plc.

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COVID-19 Impact analysis-

COVID-19 has a terrible impact on the Pakistan cosmetics market. Due to pandemic, there is huge disruption in supply chain of raw material as well as in production cycle. During pre-period of COVID-19, whole economy was facing unexpected challenges such as lockdowns and restrictions on distribution channels. This has led downfall of the Pakistan cosmetics market.

The lockdown across various countries and ban on international travel has disrupted the supply chain and revenue chain. The report includes a thorough analysis of the Covid-19 pandemic on the growth of the Pakistan cosmetics market.

Pakistan Cosmetics Market By Category:

• Skin & Sun Care Products
• Hair Care Products
• Deodrants
• Fragrances
• Makeup/Color Cosmetics
• Others

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Pakistan Cosmetics Market By Mode of Sale:

• Retail Sale
• Online Sale

Key Benefits of the Report:

1. This study presents the analytical depiction of the Pakistan Cosmetics industry along with the current trends and future estimations to determine the imminent investment pockets.
2. The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Pakistan Cosmetics Market share.
3. The current market is quantitatively analyzed from 2020 to 2027 to highlight the Pakistan Cosmetics Market growth scenario.
4. Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
5. The report provides a detailed Pakistan Cosmetics Market analysis based on competitive intensity and how the competition will take shape in coming years.

Key questions answered in Pakistan Cosmetics Market research study:

♦ What is the market growth rate of Pakistan Cosmetics Market from 2020-2027?
♦ Who are the leading key players in the Pakistan Cosmetics Market?
♦ What are the current trends and predicted trends?
♦ What are the challenges faced in the Pakistan Cosmetics Market?
♦ Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
♦ Which will be the anticipated growth rates for your own Pakistan Cosmetics Market economy altogether and also for every segment inside?
♦ Which will be the Pakistan Cosmetics Market application and types and forecast accompanied closely by producers?
♦ What are the conclusions of the Pakistan Cosmetics Market report?

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Reasons to Buy This Pakistan Cosmetics Market Report:

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• 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.

About Allied Market Research:

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 us:

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
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Global Baby Care Products Market Size is Anticipated to Reach $58.8 billion by 2031

Allied Market Research published a report, titled, “Baby Care Products Market by Products Type (Baby Skin Care, Baby Hair Care, Baby Food and Beverage, Others), by Price Point (Low, Medium, High), by Distribution Channel (Supermarkets and Hypermarkets, Drug Stores or Pharmacy, Mass Merchandiser, Departmental Stores, Mono Brand Stores, Specialty Stores, Online Sales Channel): Global Opportunity Analysis and Industry Forecast, 2021-2031″. According to the report, the global baby care products industry generated $38.0 billion in 2021, and is anticipated to generate $58.8 billion by 2031, witnessing a CAGR of 4.5% from 2022 to 2031.

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Prime determinants of growth

Growth in parental concerns about their children’s skin and importance of hygiene in babies drive the growth of the global baby care products market. Moreover, promotional efforts and reasonably-priced infant food items present new opportunities in the coming years.

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Covid-19 Scenario

  • The outbreak of the Covid-19 pandemic has had a negative impact on the global baby care products market, owing to supply chain disruptions, closure of manufacturing units, and unavailability of raw materials.
  • With the rise in penetration of products and increase in sales in the post-pandemic period, the market has already recovered.

The baby hair care segment to maintain its leadership status throughout the forecast period

Based on products type, the baby hair care segment held the highest market share in 2021, accounting for nearly half of the global baby care products market, and is estimated to maintain its leadership status throughout the forecast period. Surge in number of parents and rise in birth rates are driving the demand for baby items, particularly hair care. However, the baby food and beverage segment is projected to manifest the highest CAGR of 5.4% from 2022 to 2031, owing to rise in organized retail marketing, urbanization, and considerable increase in the number of working women.

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

Based on price point, the high segment accounted for the largest share in 2021, contributing to more than two-fifths of the global baby care products market, and is projected to maintain its lead position during the forecast period. This is due to the high purchasing power of the consumers. However, the medium segment is expected to portray the largest CAGR of 4.7% from 2022 to 2031. The medium price range is the most preferred price range among the global consumers, as the customer can acquire a good quality baby care product at this price range.

Europe to maintain its dominance by 2031

Based on region, Europe held the highest market share in terms of revenue 2021, accounting for nearly two-fifths of the global baby care products market. The demand for baby care products, especially natural and organic baby care products, is on the rise as a result of consumers’ growing awareness about the importance of baby care, which, in turn, drives the region. However, the LAMEA region is expected to witness the fastest CAGR of 5.5% from 2022 to 2031. This is attributed to the growth in the consumer spending power and financial position of the population along with increase in internet retailing.

Key Take Away

  • By product types, the baby hair care segment was the highest revenue contributor to the baby care products market, with $17,601.2 million in 2021, and is estimated to reach $26,565.7 million by 2031, with a CAGR of 4.3%.
  • Depending on price point, the high segment was the highest revenue contributor to the market, with $16,345.4 million in 2021, and is estimated to reach $24,806.6 million by 2031, with a CAGR of 4.3%.
  • As per distribution channel, the drug stores or pharmacy segment was the highest revenue contributor to the market, with $8,861.2 million in 2021, and is estimated to reach $13,367.2 million by 2031, with a CAGR of 4.3%.
  • Region wise, Europe was the highest revenue contributor, accounting for $13,698.0 million in 2021, and is estimated to reach $20,039.2 million by 2031, with a CAGR of 3.9%.

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Global Tobacco Market Industry Worth $262.8 Billion, Globally, by 2027 at 6.7% CAGR

 According to a new report published by Allied Market Research, titled, “Tobacco Market by Type, Product, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,”

The tobacco market size is expected to reach $262.8 billion by 2027 at a CAGR of 6.7% from 2021 to 2027.

The key factors driving the growth of the global tobacco market are rise in smoking rates and stable demand for tobacco products. Despite stringent regulations and restrictions aimed at reducing tobacco consumption in various countries, the tobacco market is expected to grow over the forecast period due to rise in prices.

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Tobacco is a significant source of tax revenue for governments across the world. Attributed to tax regulatory environments, developing economies are now supporting the market growth. Cigarettes have been identified as the most popular tobacco product due to a variety of factors such as convenience and cost-effectiveness as compared to other types of tobacco products.

The tobacco market is consolidated, with a few large players accounting for a considerable share of the global market. Moreover, new entrants in the tobacco market are discouraged by regulatory barriers.

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Key Take Away

  • Asia-Pacific was the highest revenue contributor, accounting for $68.1 billion in 2019, and is estimated to reach $103.0 billion by 2027, with a CAGR of 7.4%.
  • By type, the burley segment was the highest contributor to the market, with $64.1 billion in 2019, and is estimated to reach $100.2 billion by 2027, at a CAGR of 7.9% during the forecast period.
  • On the basis of product, the cigarette segment was the highest contributor to the market, with $66.4 billion in 2019, and is estimated to reach $104.7 billion by 2027, at a CAGR of 8.0% during the forecast period.
  • In Asia-Pacific, China was the highest revenue contributor with $17.2 billion in 2019, and is estimated to reach $30.5 billion by 2027, registering a CAGR of 9.5%.


The tobacco market forecast is accomplished by considering fastest growing and largest segments. By type, the burley tobacco segment was the highest revenue contributor in 2019, as it contains some amount of sugar and has better taste as compared to other types of tobacco. By product, the cigarette segment held the largest tobacco market share due to constant product innovation in terms of flavor, size, ingredients, and nicotine level of cigarettes. Depending on the distribution channel, the specialty stores segment led the market, owing to availability of large variety of tobacco in these stores.

Globally, the number of smokers has been increasing. This trend is being accelerated by the introduction of new products such as clove cigarettes and menthol cigars. These factors are expected to drive the market over the next few years.

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Furthermore, with consumers gradually shifting toward smoking alternatives in recent years, the introduction of innovative tobacco products in a variety of flavor options has become critical. As a result, manufacturers have shifted their focus to premium tobacco products made from flue-cured tobacco and fine whole leaf.

The introduction of numerous premium tobacco products by manufacturers, such as flavored, long & skinny, colored, and e-cigarettes, has created a strong outlook for the tobacco market growth. Increased investment in R&D has resulted in the introduction of products with lower levels of toxicants. This has aided in attracting a larger consumer base for tobacco products.

Higher levels of education as well as growing awareness about health concerns related to tobacco consumption, such as various types of cancers, cardiovascular diseases, and pulmonary diseases, has hampered the market growth. In addition, stringent regulations in developed countries further limit the market growth.

The major drivers of the tobacco market are surge in consumer knowledge and increased awareness of products & services through digital media and other sources combined with the advent of social media, which are educating consumers about the benefits of organic products. As a result, the demand for tobacco products is increasing. Furthermore, companies offering these products are increasing their investments in R&D, marketing, and expanding their distribution channels to maintain their market position.

The increased focus of market players on targeting young consumers through the launch of flavored cigarettes and tobacco products will support the regional market growth. Furthermore, leading tobacco manufacturers have implemented plans to improve retail infrastructure and brand campaign strategies.

There is strong evidence that smoking is linked to negative outcomes and increased COVID-19 severity. Smokers are more likely to contract coronavirus infection than nonsmokers. Smoking may also increase the risk of COVID-19 by increasing the enzymes that allow the virus to enter and damage lung cells. As a result, the consumption of tobacco was reduced during 2020, which had a negative impact on the market growth.

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Product launches, mergers & acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the tobacco industry. The key players in the global tobacco market include Altria Group, British American Tobacco, Eastern Co. SAE, Imperial Brands, ITC Ltd., Japan Tobacco International, KT&G, PT Gudang Garam Tbk, Scandinavian Tobacco Group, and Swisher.

Leading Market Players

  • Altria Group
  • Eastern Co. SAE
  • British American Tobacco
  • ITC Ltd.
  • Imperial Brands
  • KT&G
  • Japan Tobacco International
  • Scandinavian Tobacco Group
  • PT Gudang Garam Tbk
  • Swisher
  • 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.

Aluminum Fishing Boat Market Revenue is Estimated To Reach $2.5 Billion by 2030 at a CAGR 7.44%

Rising popularity of recreational activities such as fishing and boating are one of the key aluminum fishing boat market trends and expected to grow more in the upcoming year with expectation to generate revenue of $2.5 billion by 2030, growing at a CAGR of 7.44% from 2022 to 2030.

Today, with growing awareness about health benefits that seafood offers, a huge crowd of people from all across the globe are considering to add seafood to their diet. Marine manufacturers and naval architects have recognized aluminum as an ideal material for building boats that are used for fishing activities. As aluminum is a lightweight material it reduces the overall weight of the boat and also enhances its speed. Apart from these advantages, it offers durability, high payloads, low maintenance cost as well as a high recycle value. Furthermore, growing acceptance for outdoor activities such as watersports and fishing are likely to expose massive opportunities for the growth of the global aluminum fishing boat industry.

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On comparing with fiberglass boats, aluminum fishing boats are less expensive and hence offer excellent growth opportunities. For example, Lund and Tracker’s aluminum fishing boats come with high-end equipment to make fishing easier and cost less than $15,000. Also, they have advantageous features such as reduced weight, help boats in achieving high speeds with smaller engines, whereas fiberglass boats require huge or double engines to obtain the higher speed. The endurance and resilience of these boats are exceptional and will drive market growth.

The global aluminum fishing boat market is segmented on the basis of boat type, size, engine type, and region. By boat type, the market is classified as deep-v boat, bass boat, multi-species boat, and others. By size, it is classified as 16 feet. By engine type, the market is segmented into 300 HP. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the leading aluminum fishing boat industry players are Yamaha Motor Co., Ltd., Brunswick Corporation, BRP, Correct Craft, Smoker Craft Inc., White River Marine Group, UMS Boats, MirroCraft, Legend Boats, and Bennington Pontoon Boats.

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The report offers a comprehensive analysis of the global aluminium fishing boat market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market.

The report also sheds light on the present scenario and upcoming trends & developments that are contributing to the aluminum fishing boat market growth. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and the emergence of substitutes in the market.

The report covers a thorough analysis of aluminum fishing boat market analysis, aluminum fishing boat market share, aluminum fishing boat market opportunities, and aluminum fishing boat market forecast for each segment, region, and country(s).

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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI

Water Heater Market to Rise $48,519 Million, Globally and by 2025 – Report by Allied Market Research

According to a new report published by Allied Market Research, titled, The global water heater market size was estimated to be $32,603 million in 2017, and is projected to reach at $48,519 million by 2025, growing at a CAGR of 5.1% from 2018 to 2025. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

A water heater, also known as geyser, is a heating device that utilizes energy from various external sources to heat water. Water heater is available in various types such as instant water heater, storage water heaters, gas-based water heaters, and solar water heater. The selection of a proper water heater depends upon several important factors such as the type of building that it is to be installed into, requirements of the householder, availability of fuel types, fuel cost and efficiency of the system, installation and maintenance cost, storage and distribution temperature, and user safety.

The growth of the global water heater market is driven by factors such as favorable government subsidies encouraging the use of solar water heaters, increase in numbers of hotels and hospitals, rise in disposable income of the consumers, and surge in concern among consumers regarding natural resources and energy. Moreover, rise in population and improved infrastructure in rural areas is expected to boost the global water heater market growth in the future.

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Moreover, favorable government subsidies encouraging the use of solar water heaters, inclination of consumers towards the adoption of energy efficient systems have boosted the growth of the water heater market. Furthermore, rise in number of hospitals and hotels, and increase in population and improved infrastructure in rural areas is anticipated to fuel the growth of the global water heater market. However, and rising electricity prices and high operating costs of electric water heaters ,frequent outages and electricity shortage (in developing countries), and technical issues, may restrain the water heater market growth.

The instant water heater segment dominated the global water heater market in 2017, accounting for 52% of the overall market revenue. The solar water heater segment is expected to witness highest growth during the forecast period, owing to rise in concern for energy-efficient products among consumers and stringent government norms to limit carbon emissions along with increasing penetration of advanced water heating technologies.

The key players of global water heater industry profiled in the report include A. O. Smith Corporation, Ariston Thermo SPA, Bajaj Electricals Limited, Bradford White Corporation, Haier Electronics Group Co., Ltd, Noritz Corp, Rheem Manufacturing Company, Rinnai Corporation, Robert Bosch GmbH, and Venus Home Appliances (P) Ltd.

The Covid-19 pandemic has a vital impact on the growth of the global Water Heater Market and altered several market scenarios. The lockdown across various countries and ban on international travel has disrupted the supply chain and revenue chain. The report includes a thorough analysis of the Covid-19 pandemic on the growth of the global Water Heater Market.

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Key Findings of the Water Heater Market:

○ Based on type, the instant water heater segment of the global water heater market is projected to witness the highest CAGR during the forecast period.
○ Based on application, the residential segment accounted for 45.2% of the market share in 2017 and is expected to grow at a significant CAGR during the forecast period.
○ Based on distribution channel, the specialty stores segment accounted for 33.4% of the market share in 2017 and is expected to grow at a significant CAGR during the forecast period.

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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.

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Natural Fibers Market 2022 | Profit and Revenue Growth Factors Detailed Analysis Report with Forecast to 2029

The natural fibers market is driven by rising importance of fibers in different industries and boosting the market. Natural fibers act as a substitute for synthetic fiber composites and offer best properties, for example, biodegradability and abrasion resistance, which builds their demand and it helps to reduce production cost. Government rules regarding utilization of eco-friendly products, recyclability, consumer preference, and awareness regarding environmental protection.

Natural fibers are long, thin and flexible thread-like structures that are obtained from plants, animals, or mineral sources. These fibers are spun into yarns and then made into fabrics for various purposes. Fibers are classified as natural and synthetic based on their origin (plants and animal or made from chemical compounds). Some common natural fibers extracted from plants include cotton, bamboo, sisal, and jute. 

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The report presents in-depth insights into each of the leading natural fibers market end user verticals along with annual forecasts to 2029. The report provides revenue forecast with sales, and sales growth rate of the global natural fibers market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.

The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market 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)

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Top 10 leading companies in the global natural fibers market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and products and services. The key players operating in the global natural fibers industry include Major players analyzed include BComp, The Natural Fiber Company, Barnhardt Natural Fibers, UPM Biocomposites, Advanced Environmental Recycling Technologies.

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

Key Benefits

  • The report provides a qualitative and quantitative analysis of the current natural fibers market trends, forecasts, and market size from 2022 to 2029 to determine the prevailing opportunities.
  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
  • Top impacting factors & major investment pockets are highlighted in the research.
  • The major countries in each region are analyzed and their revenue contribution is mentioned.
  • The market report also provides an understanding of the current position of the market players active in the natural fibers industry.

Highlights of the Report

  • Competitive landscape of the natural fibers market.
  • Revenue generated by each segment of the natural fibers market by 2029.
  • Factors expected to drive and create new opportunities in the natural fibers industry.
  • Strategies to gain sustainable growth of the market.
  • Region that would create lucrative business opportunities during the forecast period.
  • Top impacting factors of the natural fibers market.

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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. AMR 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.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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