A Market Place Research – Page 1610

Agrochemicals Market Size, Share, Segments, Type, Key Market Players, Geography and Forecast Report

The agrochemicals market is segmented into type and region. By type, it is categorized into fertilizers and pesticides. By fertilizers, the market is bifurcated into synthetic and biofertilizers. By pesticides, the market is categorized into insecticides, herbicides, fungicides, and other pesticides. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

Global Market Research says that Global agrochemicals market was over $231.0 billion in 2020, and is expected to surpass $315.3 billion by 2030, registering a CAGR of 2.9% from 2021 to 2030.

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Agrochemicals Market growth is driven by rise in population base along with increasing demand for food, limited agricultural land, issues such as soil erosion and degradation, and surge in awareness among end-users regarding the benefits of agrochemicals. Moreover, conservation of genetic material of endangered plant species supplemented the market growth. However, lack of education and awareness among farmers and efficient distribution systems, high losses in the post-harvest of crops, and environmental and health concerns regarding use of agrochemicals hinder the market growth. On the contrary, rise in disposable income, increase in spending on improving quality of crops, and development and production of novel eco-friendly agrochemicals are expected to open new opportunities for the market players in the future.

The major types of agrochemicals are insecticides, pesticides, herbicides, fertilizers, soil conditioners, and fungicides. When insects, animals, and fungal species are attracted to the source of food, it can drastically reduce the supply of that plant. Thus, a large number of agrochemicals are used. Recently, the demand for natural fertilizers has increased significantly due to the rise in popularity of organic farming, which avoids the use of synthetic agrochemical varieties.

Based on type, the pesticides segment is projected to register the highest CAGR of 3.6% during the forecast period. However, the fertilizers segment held the largest share in 2020, accounting for more than two-thirds of the market.

The global agrochemicals market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. By region, Asia-Pacific has the dominant market share in 2020 and is anticipated to maintain its dominance during the forecast period. This is attributed to numerous factors such as a huge consumer base and the presence of key players in the region. Moreover, Asia-Pacific is anticipated to grow at a noteworthy rate owing to rise in end users in developing countries such as China, Australia, and India.

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Key Market Players

1. AGRIUM INC
2. BASF SE
3. BAYER AG
4. DOW AGROSCIENCES LLC
5. I. DU PONT NEMOURS AND COMPANY
6. MONSANTO COMPANY
7. SUMITOMO CHEMICAL CO
8. SYNGENTA AG
9. THE MOSAIC CO

Other players operating in the value chain of the global agrochemicals market are Makhteshim Agan Industries Ltd., CF Industries Holdings Inc., Jordan Abyad Fertilizers & Chemicals Company, K+S AG, Uralkali, ADAMA Agricultural Solutions Ltd., Nufarm Ltd., IFFCO, SQM, American Vanguard Corporation, Haifa Group, Zuari Agro Chemicals Ltd., Gharda Chemicals Limited, Valent USA Corp., United Phosphorus, Ltd., Rotam Cropsciences, Inc., Qatar Fertiliser Co., Ltd., Koch Minerals Co., LLC, Arysta Lifescience Corp., Drexel Chemical Co., and CF Industries, Inc.

Covid-19 scenario:

• The Covid-19 pandemic had a negative impact on the supply chain for several agrochemical products.
• Moreover, the market is expected to recover soon due to rise in food grain production across the globe.
• The downward pressure on global economy and disrupted supply chain has a negative impact on the market.
• The report segments the global agrochemicals market on the basis of type and region.

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

Home Control & Security Systems Market 2022-2029 : Huge Opportunity For Investors

The security & control system includes various IoT connected devices, which are designed to guard property against espionage, sabotage, subversion, accidents, and attack. It includes door & window sensors, motion sensors, interior & exterior automation, wired or wireless security cameras, and control panel, which is the primary controller of a home’s security system.

The Home Control & Security System Market offers various advantages such as ability to remotely manage homes and improved security sensing functionalities.

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Increase criminal activities such as theft and unauthorized access to residences drive the growth of the market. Moreover, increase in number of residential buildings are being equipped with specialized security systems that have controlling capabilities for the electronic components, which in turn fuels the market growth. However, threat to user privacy restrains the market growth. Emergence of IoT in home control and residential security systems is expected to provide lucrative opportunities for the market.

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The home control and security systems market is segmented on the basis of product and region. Based on type, the market is bifurcated into alarms, sensors & detectors, electronic & smart locks, security cameras, and security solutions. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in this market are Tyco Security Products, Nortek Security and Control, Honeywell International Inc., Bosch Sicherheitssysteme GmbH, ASSA ABLOY, ADT LLC dba ADT Security Services, Vivint, Inc., MOBOTIX, MONI Smart security, and United Technologies Corporation

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Key Benefits

The study provides an in-depth analysis of the global home control and security systems market and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restrains, and opportunities and their impact analysis on the market size are provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.

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

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Smart Home Devices Market

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

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Pure Coconut Water Market to rise 18.9% of CAGR During 2021–2027 | Vita Coco, Taste Nirvana, Cococoast

According to the report, global pure coconut water industry generated $2.04 billion in 2019, and is projected to reach $6.81 billion by 2027, growing at a CAGR of 18.9% from 2021 to 2027. The report provides a detailed analysis of changing market dynamics, top winning strategies, key segments, regional landscape, key investment pockets, and competitive scenario.

Prime determinants of growth

Rise in use of coconut-based products in the food & beverage applications, surge in consumption of natural sports drinks, and expansion of the retail sector drive the growth of the global pure coconut water market. However, stagnant decline in production of coconut as compared to rise in demand restrains the market growth. Contrarily, innovations in taste & flavor of coconut products and coconut-based food & beverages create new opportunities in the coming years.

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Covid-19 Scenario

Owing to the high demand and low supply as manufacturing facilities have been shut down and the supply chain has been disrupted, the prices of pure coconut water rose in 2020.Packaging material manufacturing facilities have also been shut down.
The closedown of retail stores has decreased the demand for pure coconut water. However, the demand would increase as stores open during the post-lockdown.
As restrictions on lockdown have been lifted off in many countries, the supply-demand gap will be reduced gradually.

The tetra packs segment to maintain its leadership position throughout the forecast period

Based on packaging type, the tetra packs segment accounted for the highest market share, accounting for more than three-fifths of the total share of the global pure coconut water market in 2019, and will maintain its leadership position throughout the forecast period. This is due toenhanced shelf life, minimized loss of aroma of packed products, and preservation of quality and shelf life. However, the cans segment is expected to witness the highest CAGR of 20.7% from 2021 to 2027, owing toresearch and development activities and establishing production facilities and supply chainsat a short distance to reduce costs.

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The original flavor segment to maintain its dominant share during the forecast period

Based on flavor, the original flavor segment held the highest market share in 2019, accounting for nearly three-fifths of the global pure coconut water market, and is estimated to maintain its dominant share during the forecast period. This is attributed tovitamins, minerals, electrolytes, and low fat &calories content in original flavor and high quality of coconut water.However, the chocolate flavor segment is projected to portray the highest CAGR of 19.6% from 2021 to 2027.

North America to grow at the fastest rate

Based on region, North Americais expected to grow at the highest CAGR of 20.2% during the forecast period, owing to highly developed channels of distribution that lea to the sale of food & beverages along with North America being one of the major importers of coconut products from Asian countries.However, Asia-Pacific contributed to the highest market share in 2019, accounting for more than half of the total share of the global pure coconut water market, and will maintain its leadership status by 2027.This is due tothe largest production and consumption of coconut and coconut products in the region.

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Leading market players

Vita Coco
Harmless Harvest
C2o Pure Coconut Water, Llc
Taste Nirvana
Craze Foods Ltd.
Goya Foods, Inc.
Foco Pure Coconut Water
Cococoast
Wai Koko Coconut Water
Mojo Organics Inc.

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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 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.

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

Egypt Paints & Coatings Market Trends 2020, Size, Share, Type, Resin Type, Technology, Geography and Forecast, 2020-2027

Egypt Paints & coatings market to grow at 7.9% CAGR from 2020 to 2027 and to reach $3.6 billion by 2027. Increase in building and construction activities in the region and growth in demand for heat & UV resistant paints & coatings products drive the of the Egypt paints & coatings market growth. the industry is projected to cross $3.6 billion by 2027.

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.

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The acrylic resin segment dominated the market with nearly one-third of the total market share in 2019, and would lead the trial throughout the forecast period. In addition, the segment is expected to manifest the highest CAGR of 8.3% during the forecast period.

The Egypt paints & coatings market is divided on the basis of resin type, technology, and product type. Based on resin type, the market is further segmented into acrylic resin, alkyd resin, polyurethane resin, epoxy resin, polyester resin, and others.

Based on product type, the Egypt paints & coatings market is classified into decorative paints & coatings and industrial paints & coatings. The decorative paints & coatings segment held the largest share in 2019, accounting for more than three-fourths of the market. However, the industrial paints & coatings segment is projected to portray the highest CAGR of 8.1% during the forecast period.

However, rise in prices of raw materials hinders the Egypt paints & coatings market growth. On the contrary, surge in demand for eco-friendly paints & coatings products is expected to usher an array of opportunities for the market players in the future.

By Product Type

• Decorative Paints & Coatings
o Emulsions
o Enamel Paints
o Distemper
o Cement Paints (Acrylic Spray Plaster and Undercoats)
• Industrial Paints & Coatings
o Powder Coating
o Automotive Coating
o Wood Furniture & Cabinet Coating
o Coil Coating
o Non-Wood Furniture and Fixture (Texture Coatings)
o Machinery & Equipment
o Paper & Films
o Others

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Based on technology, the Egypt paints & coatings market is divided into water-based, solvent-based, powder-based, and others. The solvent-based segment held the largest share in 2019, with more than half of the total revenue. However, the water-based segment is estimated to register the highest CAGR of 8.0% during the forecast period.

The Egypt paints & coatings market report includes an in-depth analysis of the key market players such as BASF SE, Akzo Nobel N.V., KAPCI Coatings, PPG Industries, Inc., PACHIN, GLC Paints, Jotun A/S, Orient Paints, MIDO Coatings, and SIPES Egypt.

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Saudi Arabia Paints & Coatings Market

Low VOC Paints and Coatings Market

Offshore Oil & Gas Paints And Coatings Market

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Insurance Fraud Detection Market Demand for its End-Products to Increase at a Higher Rate in Developing Countries | BAE Systems., Duck Creek Technologies

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Allied Market Research (Portland, Oregon, USA) Published Latest Report Titled, “Insurance Fraud Detection Market by Component (Solution, Services), by Deployment Mode (On-premises, Cloud), by Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), by Applications (Payment Fraud and Billing Fraud, Identity Theft, Claims Fraud, Money Laundering): Global Opportunity Analysis and Industry Forecast, 2021-2031.”

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According to Allied Market Research, the global Insurance Fraud Detection Market is expected to showcase remarkable growth during the forecast period. The report includes a detailed study of the Insurance Fraud Detection market size, market trends, prime market players, sales analysis, major driving factors, and prime investment pockets. The global Insurance Fraud Detection Market report covers an overview of the market and outlines market definition and scope. The ongoing technological developments and surge in demand have an influential effect on the market growth. Furthermore, the report provides a quantitative and qualitative analysis of the Insurance Fraud Detection Market, outlines the pain point analysis, value chain analysis, and key regulations.

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Moreover, the study provides Porter’s five forces model, along with portfolio and financial analysis and business overview of services and products. The report outlines market segmentation and growth analysis of the top 10 market players that are currently active in the Insurance Fraud Detection industry. The report also contains information and statistics, tables and figures that are used in strategic planning for the company’s success.

The report covers brief analysis of the impact of the Covid-19 outbreak on the Insurance Fraud Detection Market. The prolonged lockdown and disrupted supply chain across coupled with strict restrictions on international trade have a severe impact on the Insurance Fraud Detection Market growth. The Covid-19 pandemic increased the prices of raw materials and changed customer preferences.

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Key Market Segments

By Component

Solution
Services

By Deployment Mode

On-premises
Cloud

By Enterprise Size

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

By Applications

Payment Fraud and Billing Fraud
Identity Theft
Claims Fraud
Money Laundering

Key Market Players

BAE Systems
Duck Creek Technologies
Equifax Inc.
Experian Information Solutions, Inc.
FICO
FRISS
Fiserv, Inc.
IBM
LexisNexis Risk Solutions Group.
SAS Institute Inc.

Geographical Landscape of the Insurance Fraud Detection Market:

1) North America (United States, Canada, and Mexico)

2) Europe (Germany, France, UK, Russia, and Italy)

3) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

4) South America (Brazil, Argentina, Colombia)

5) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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A thorough analysis of every segment helps to make strategic decisions and make profitable investments in the future. Furthermore, it helps market players to gain a competitive edge. The Insurance Fraud Detection Market analysis of segment and sub-segment is offered in graphical and tabular formats. This study is vital to understanding the highest revenue-generating and fasting-growing segments of the market. The global Insurance Fraud Detection Market report offers a thorough study of the major market players that are currently dominating the industry. The report includes the production, sales, and revenue analysis of these companies. These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.

The report will include highlights of the overall market which includes Frequently Asked Questions [FAQs] such as:

Q1. What is the current Insurance Fraud Detection Market trend taking place in the market space?
Q2. What are historical revenue figures and estimated revenue figures as well as CAGR during the Insurance Fraud Detection Market forecast timeframe?
Q3. Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
Q4. What are market drivers, restraints, and challenges impacting demand & growth of the market?
Q5. Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?

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Online Travel Market to Grow at a CAGR of 14.8% With Size, Share, Top Key Players and Forecast to 2031 | Expedia Group, Inc., Ebury Partners UK Ltd, Fareportal Inc

The travel market has evolved considerably over the past few years, owing to digitalization of travel services and the growth In travelling trend, worldwide. The proliferation of mobile devices largely supplements the growth of this market. The market is witnessing consolidation, with leading online travel agencies (OTAs) acquiring the start-ups and other smaller players, thereby, giving a tough competition to the established direct travel suppliers and travel agents.

According to a new report published by Allied Market Research, titled, “Online Travel Market by Service types, Platforms, Mode of booking and Age Group: Global Opportunity Analysis and Industry Forecast, 2022-2031,”

The global online travel market was valued at $354.2billion in 2020, and is estimated to reach $1,835.6 billion by 2031, registering a CAGR of 14.8% from 2022 to 2031. Globally, the number of people in the middle and upper middle classes is increasing rapidly.

People now opt for more than one trip every year with the growth in living standards and increased purchasing power. Furthermore, for convenience and easy transactions, people have started availing online travel services, thus saving time &resources, fostering the growth of the online travel market. Growth of the online travel market is driven by increase in internet penetration, rise in disposable income of people in emerging markets, and ease of comparing a variety of travel options online. Market players introduce innovative travel and vacation package deals to assist travelers’ in making sound travel decisions as per their spending capability, such as affordable packages for international destination, discounts on car rentals and cash back on international flights.

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Political disturbance and natural calamities are some of the factors that restrain the growth of the online travel market .Furthermore, low digital literacy and unavailability of the internet connection in remote areas are expected to limit the growth of the market.

Outbreak of COVID-19 negatively affected the growth of the online travel market in 2020. Frequent lockdown practices, social distancing and ban on travel and tourism in most of the countries were some of attributes for decreased growth of the market in 2020.

According to the online travel market analysis, the online travel market segmented into service type, platform, mode of booking, age group, and region. On the basis of service type, the market is categorized into transportation, travel accommodation, and vacation packages. By platform, it is segmented into mobile and desktop. On the basis of mode of booking, it is segregated into online travel agencies (OTAs) and direct travel suppliers. On the basis of age group, market is segmented into 22-31 years32-43 years44-56 years and >56 years. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, and rest of LAMEA).

According to the online travel market trends, on the basis of service types, the transportation segment was valued at $145.8billion in 2020, and is projected to reach $670.6billion by 2031, growing at a CAGR of 13.6% from 2022 to 2031. Transportation segment is projected to maintain its lead in the overall online travel services market, owing to rise in online flight bookings. Expansion in the number of low-cost carriers and growth in the number of connecting flights for tier I and II cities across the globe, drive the growth of flight bookings, which significantly contributes for the online travel market growth during the forecast period. Tier I cities are densely populated and have higher living expenses and tier II cities are with moderate cost of living and decent infrastructure and connectivity.

By platform, the mobile segment accounted for the significant share in the global market in 2020 and is expected to increase its share during the forecast period. Increased penetration of smartphones, growing confidence of people in safety of mobile payments, growing digital literacy and social media usage for advertising are likely to contribute for the growth of the market through mobile segment.

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On the basis of mode of booking, the online travel agencies (OTAs)segment accounted for considerable share in global online travel market and is expected sustain its share throughout the online travel market forecast period. The OTAs gain popularity in the online travel market owing to the low cost travel options offered by them. They give travelers the flexibility to plan and book travel as and when required. The OTAs gain popularity in the market owing to the low cost travel options offered by them. They give travelers the flexibility to plan and book travel as and when required. Flight bookings contribute approximately 87% of the OTA sales; however, they have taken initiatives to diversify the non-air products as well. Non-air products includes hotels, bus, trains and other. Currently, OTA majorly contributes to the revenue generation of hotels.

On the basis of age group, the travelers in the age group of 32–43 years occupy a major portion of the market. However, from a growth perspective, the young travelers within the age group of 22–31 years segment is expected to witness the highest CAGR, due to extensive use of social media and smartphones for travel planning and bookings. This age group traveler’s first research scan various sites online, and when planning for a vacation or a short weekend getaway. These people have high spending power as compare to other age group people.

According to the online travel market opportunities, region-wise, North America dominated online travel market share and is expected to be dominant during the forecast period. Surge in demand for travelers seeking perfectly clean sites and personalized services in a normal environment also increases the demand for tourism packages in the North America. Growth in number of trip per year and emergence and increase in demand for agro tourism, eco-tourism are further attributable for the growth of the market in North America.

The players operating in the online travel industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Expedia Group, Inc., Ebury Partners UK Ltd, Fareportal Inc. , Hostelworld.com Limited, Hurb Co S/A, HRS, Make MyTrip Ltd., Oracle Corporation, Priceline (Booking Holdings Inc.), SABS Travel Technologies, Tavisca Solutions Pvt. Ltd., Thomas Cook India Ltd., travelomatix.com, Trip.com Group, Tripadvisor, Inc., and WEX Inc

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Key Findings Of The Study

The online travel market size was valued at $354.2billionin 2020, and is estimated to reach $1,835.6billionby 2031, registering a CAGR of 14.8% from 2022 to 2031.
In 2020, depending on service types, the transportation segment acquired $145.8 billion, garnering 41.2% of the global market share.
On the basis of platforms, the mobile segment acquired $108.8 billion, exhibiting 30.7% of the global market share.
In 2020, by mode of booking, the direct travel suppliers segment was valued at $197.3billion, accounting for 55.7% of the market share.
U.S. was the most prominent market in North America in 2020, and is projected to reach $93.2 billion by 2031, growing at a CAGR of 12.0% during the forecast period.

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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Bicycle Market Revenues Will Growing At a CAGR of 4.8% From Reaching Nearly $28,667.3 Million in 2021 to 2027

According to a new report, The global bicycle market size was valued at $20,280.0 million in 2019. Furthermore, the bicycle market growth is projected to reach $28,667.3 million by 2027, registering a CAGR of 4.8% from 2021 to 2027. The non-cargo electric bike segment was the highest contributor to the market, with $12,712.4 million in 2019, and is estimated to reach $17,580.4 million by 2027, at a CAGR of 4.1% during the forecast period.

Bicycle sports is an ongoing trend in the market. Countries such as the U.S., Paris, and China are some of the leaders in bicycle sports. With surge in demand for bicycles, manufacturers are developing and elevating sports bikes that are light in weight, wheels with strong grip, strong breaks, and aerodynamic design, thus enhancing the cycling experience. In addition, sports bicycles are used in mountain riding and off-road riding as well. This not only promotes bike sports but also provides users with a thrill and adventurous experience. These bicycle trends leads to the rise in bicycle market demand.

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According to the bicycle market analysis, on the basis of type, the non-cargo electric bicycle market segment was the highest contributor to the market, with $12,712.4 million in 2019, and is estimated to reach $17,580.4 million by 2027, at a CAGR of 4.1% during the bicycle market forecast period. This is attributed to technological advancements in bicycles such as integration of durable batteries and designing bicycles with light fiber body materials.

Bicycle sports provide career options as a coach, analyst, or as head of the bicycle association to bikers and athletes. Bicycle associations play a vital role in the growth of the global market. These associations share a common goal to promote and increase cycling worldwide. The World Association of Cycling Events (WACE) is one of the biggest bicycle association, which organizes various prestigious and largest bicycle events at a global level. These bicycle events include Cape Town Cycle Tour, TD Five Boro Bike Tour, Vatternunrnad, RideLondon, and Grant Fondo Campagnolo Roma. Thus, increase in bicycling events add to the popularity of these vehicles, which significantly contributes toward the growth of the global market.

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By sales channel, the physical stores segment dominated the market in 2019, accounting for $17,628.1 million, and is estimated to reach $20,164.4 million by 2027, at a CAGR of 1.7%. This is attributed to the fact that customers can easily procure required products from physical stores. In addition, customers are given personal attention by the sales staff at these stores. Furthermore, the queries and issues are resolved immediately in physical stores.

Depending on end user, the men segment exhibited the highest growth in 2019, generating revenue of $8,990.5 million, and is estimated to reach $12,301.8 million by 2027, registering a CAGR of 4.0%. This is attributed to increase in interest of sports and leisure activities among men. Furthermore, in bicycle events, men athletes have witnessed higher fan following in comparison to women and kids.

Key players in the bicycle industry have relied on strategies such as product launch and business expansion to expand their presence in the global market and to stay relevant. The key players in the bicycle market profiled in the report are Accell Group, Cervélo, Dorel Industries Inc., Giant Bicycles, Merida Industries Co., Ltd., Olympus Bikes, Scott Sports SA, Specialized Bicycle Components, Inc., Trek Bicycle Corporation, and Kona Bicycle Company.

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Key Benefits For Stakeholders:

○ The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
○ Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
○ The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the bicycle industry.
○ In-depth analysis and the bicycle market segments and the market size assist to determine the prevailing the bicycle market opportunity.
○ The major countries in each region are mapped according to their revenue contribution to the market.

Reasons to Buy This Bicycle Market Report:

○ Mergers and acquisitions should be well-planned by identifying the best manufacturer.
○ Sort new clients or possible partners into the demographic you’re looking for.
○ Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
○ Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
○ To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
○ Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
○ To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.

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Footwear Market is expected to register a compound annual growth rate (CAGR) of 5.5% from 2020 to 2027

The global footwear market is expected to witness significant growth due to evolving athleisure trends and 3D printing & customization of footwear. Moreover, rise in trend of online sale of footwear products is anticipated to boost the overall revenue of the industry.”

According to a new report published by Allied Market Research, titled, “Footwear Market by Type, Material, End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020 – 2027,” the global footwear market size was valued at $365.5 billion in 2020, and is projected to reach $530.3 billion by 2027, registering a CAGR of 5.5% from 2020 to 2027. Growing health and fitness awareness among people is boosting the growth of footwear market. Moreover, rise in trend of fitness exercises such as Zumba (a dance form) and Yoga (exercise activity) is generating huge demand for sports shoes among individuals. Rise in number of sport lovers and fan followers of sports such as football, basket balls, and hockey is further creating higher demand for cleats and shoes required for respective sports. In addition, upcoming Summer Olympic Games in 2020 in Tokyo is anticipated to create lucrative opportunities for market players to launch new products and endorse their products to enhance their offerings. Therefore, it will result in driving the growth of market.

The key players operating in the footwear market analysis includes :-

Adidas AG (Adidas)
Nike, Inc. (Nike)
PUMA SE (KERING)
Under Armour, Inc.
Skechers USA, Inc.
Geox S.p.A
VF Corporation
CROCS, Inc.
Ecco Sko A/S
Wolverine World Wide, Inc.

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Along with men and women, children now a days demand for fancy, stylish, colorful, and sports-inspired footwear. Increase in number of children engaged in various sports activities fuels the demand for athletic footwear. This has increased large demand for football, basketball, hockey, tennis, baseball and many other sports footwear among children. Along with sport footwear, stylish sneakers, flip-flops, slip-ons, boots, and casual shoes are witnessing huge demand among children, which drives the growth of the overall market.

With increase in demand for fancy yet comfortable footwear, affordable pricing and enhanced designs of footwear at a cheaper price is expected to boost the overall growth of the industry. Moreover, various sportswear brands such as Nike, New Balance, and Under Armour are adopting 3D printing technology in footwear production. Such features attract the attention of the customers for purchasing the footwear, which is projected to provide lucrative opportunities for market expansion during the forecast period.

However, presently ban on cow slaughter and its associated leather products led to shortage of leather as raw material for the footwear industry. Inadequate availability of hide or skin, which are essential raw materials for leather footwear products has resulted in high prices of leather across the world. Furthermore, the demand for leather footwear is high, as it is regarded as a premium product in this industry. However, ban on the use of leather in footwear manufacturing by the Council for Leather Exports, India has ultimately reduced the production of leather footwear in India, which is a major exports hub of developed countries. High price of leather is restricting individuals to buy leather footwear, which are sold at comparatively higher prices, thereby restricting the market growth.

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Key Findings of the Study
Depending on type, the nonathletic segment dominated global footwear market in 2019, and is expected to retain its dominance throughout the forecast period.
By material, the non-leather segment accounted for highest share in the footwear market growth in 2019, and is projected to grow at a CAGR of 5.0% from 2020 to 2027.
On the basis of end user, the women segment led the global footwear market demand in 2019, and is expected to retain its dominance throughout the forecast period.
As per distribution channel, the specialty stores was the major shareholder in 2019, and is projected to register a CAGR of 4.3% from 2020 to 2027.
Region wise, Asia-Pacific accounted for about 41.4% footwear market share in 2019, and is expected to grow at a CAGR of 6.5%.

Reasons to Buy This Footwear Market Report:

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

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

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

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

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

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

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

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 (Flash Sale Tell 20th August 2022):- https://www.alliedmarketresearch.com/request-for-customization/697

TABLE OF CONTENT :-

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top impacting factors of footwear market are elaborated below:

2.1.2.1.Changing lifestyles
2.1.2.2.Increasing health awareness
2.1.2.3.Rising number of working professionals
2.1.2.4.Increasing disposable income
2.1.2.5.Rising number of sports inspired children
2.1.2.6.Rising price of raw material

2.1.3.Top investment pocket

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping footwear industry/market

3.2.1.Moderate bargaining power of suppliers
3.2.2.High bargaining power of buyers
3.2.3.Moderate threat of substitution
3.2.4.High threat of new entrants
3.2.5.High intensity of competitive rivalry

3.3.Value chain analysis

3.3.1.Raw material supplier
3.3.2.Footwear manufacturer
3.3.3.Distributors
3.3.4.Consumers

3.1.Market dynamics

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Luxury Furniture Market share to record robust growth of 5.5% (CAGR ) through 2026

The luxury furniture market is expected to witness significant growth, owing to increase in demand for housing real estate space and rise in customer demand for premium & luxury furniture. Moreover, increase in customer awareness for using eco-friendly luxury furniture is anticipated to provide lucrative opportunities for the stakeholders. Furthermore, increase in aggressive advertisements and promotions through social media platforms by manufacturers plays a crucial role in growth of the market”.

According to a new report published by Allied Market Research, titled, “Luxury Furniture Market,” The luxury furniture market size was valued at $23,771.90 million in 2020, and is estimated to reach $42,159.40 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031. Growth in online mode of sale, rapid urbanization, and change in lifestyle, owing to increased disposable income of the consumers drive the luxury furniture market growth. In addition, development in Asia-Pacific and LAMEA is anticipated to create lucrative global luxury furniture market opportunities.

Key players profiled in the Luxury Furniture Industry include :-

Duresta Upholstery Ltd.
Muebles Pico
Valderamobili
Giovanni Visentin
Scavolini
Laura Ashley Holding Plc
Iola Furniture Ltd.
Nella Vetrina
Henredon Furniture Industries Inc.
Turri S.r.l.

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Demand for wood furniture is the highest in the global market. The glass furniture segment is expected to witness the fastest growth through 2020, catalyzed by its growing demand in the corporate and hospitality sector. The plastic furniture segment would grow at the gradual pace during the forecast period due to environmental concerns associated with plastic degradation and its lack of aesthetic value compared to other materials. Leather furniture segment would grow at a considerable pace; however, the growth of this segment would be restricted due to its limited use in sofas and ottomans. Additionally, stringent government regulations on the import of leather largely restrain the market growth of this segment. Eco-friendly furniture and multifunctional furniture have gained popularity over the years. Growth in environmental awareness and space constraints in urban regions are key factors that drive the adoption of these furniture types in the global luxury furniture market. .

The domestic sector, evaluated at 67%, accounts for the largest share percentage in the global luxury furniture market. Furniture used in living rooms and bedrooms, hold the highest demand in the domestic sector. The commercial sector is a comparatively smaller market, which is primarily governed by the hospitality sector. Growth in the hospitality and tourism sector globally exhibits a dynamic market for luxury furniture. Large presence of upscale hotels, commercial infrastructures, and booming hospitality industry, arising from an increasing pace of foreign investments in the Middle East, account for the dynamic growth of the luxury furniture market.

The outbreak of the COVID-19 pandemic created several challenges for exporters in developing and developed countries. The challenges witnessed by exporters of luxury furniture products are likely to remain for the foreseeable future, as different states and governments across the globe attempt to tackle COVID-19 with various measures. However, implementation of lockdown and curfew practices globally affected domestic as well as international production of luxury furniture, which, in turn, hampered the growth of the overall market. Thus, the outbreak of COVID-19 negatively impacted the luxury furniture market in 2020, as sales of companies have reduced and operations have been halted.

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Rise in penetration of various online portals in developing regions and increase in number of offers & discounts attract consumers to purchase luxury furniture products through e-commerce channels. Moreover, e-commerce channels increases consumer reach, owing to which they have evolved as a key source of revenue for many companies. Furthermore, the e-commerce market is expected to expand in the future, owing to rapid growth in online and mobile user customer bases in emerging markets. Surge in e-commerce sales, improvements in logistics services, ease in payment options, and facility to enter in new international markets for major brands boost the growth of the luxury furniture market.

KEY FINDINGS OF THE STUDY

Depending on material, the luxury furniture market is categorized into metal, wood, plastic, glass, leather, and others. Wood segment constitute a major luxury furniture market share; however, the glass segment is projected to experience growth at the highest CAGR during the luxury furniture market forecast period.
According to end use, is classified into domestic use and commercial use. Domestic use segment constitute a major market share in luxury furniture market analysis; however, the commercial use segment is projected to experience growth at the highest CAGR during the forecast period.
As per distribution channel, it is divided into online and offline. Offline segment constitute a major market share, and is projected to maintain luxury furniture market trends during the forecast period. However, the online segment is projected to experience growth at the highest CAGR during the forecast period.
Region wise, Asia-Pacific accounted for highest market share in 2020, and is expected to grow at a significant CAGR during the forecast period.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 (Flash Sale Tell 20th August 2022):- https://www.alliedmarketresearch.com/request-for-customization/645

Reasons to Buy This Luxury Furniture Market Report:

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

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

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

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

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

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

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

Airport Retailing Market Size to Reach $40,592.8 Million, Globally and by 2027 at 12.6% CAGR, Says Allied Market Research

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 offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

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

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Airport retailing necessitates a number of characteristics in order to function properly. A store, for example, must be in a convenient location for easy access. Furthermore, a diverse product offering and extended customer service may trigger the interest of passengers at airports. However, the quality and quantity of products available in airport stores are heavily influenced by the number of passengers passing through the airport and whether the airport is international or domestic. By opening a store at an airport, retailers can achieve a variety of benefits. The most important are brand recognition and awareness.

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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.

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.

People in developing economies have more disposable income, which has given big brands the opportunity to open stores in airports. People shop the most between clearing the security-immigration desks and boarding the plane. To maximize this timeframe, airports strive to reduce wait times at check-in, security, and immigration lines. Prices that are reasonable and the presence of well-known brands at reduced prices are important factors that encourage travelers to shop at airport retail stores.

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In order to compete effectively in the market and create value propositions, retailers conduct extensive research to collect data on flight schedules, passenger count, and location. The information is expected to assist retailers in keeping track of their warehouses, implementing price-cutting strategies, and conducting promotional activities to build a strong customer base.

The leading vendors in the airport retailing market are continuing to focus their efforts on providing passengers with a first-rate shopping experience. Market leaders are focusing their efforts on acquiring critical travel data from various airports in order to assess passenger attitudes and behavior and identify high-spending consumer groups arriving at various airports.

The growing importance of consumer convenience and shopping experience is encouraging airport retailing vendors to provide goods delivery services. For example, airport retailers at Frankfurt Airport provide home delivery services to passengers who purchase goods through the airport’s online shopping platform. By incorporating such online purchasing platforms, airport retailing suppliers are able to provide greater convenience to customers by offering multiple product delivery options.

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Due to the increasing growth of the e-commerce industry, market players continue to face challenges in increasing consumer footfall in airports at uncertain and less-discovered tourist destinations. Vendors in the airport retailing market are focusing on unique end-user requirements in order to increase sales at less common airports.

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.

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