A Market Place Research – Page 1684

Packaged Salad Market – Know the Untapped Growth Opportunities to 2027

Consumption of packaged food products has now become a part of our daily life. Almost all the food items are available in packaging. The main purpose of packaging is to protect food from outside influences by acting as a barrier. Packaging also helps in maintaining the freshness and taste of the food products. Packaged food products are also known as ready-to-eat or convenience food. Salad, which is a dish made from mixing various fruits and vegetables, and is seasoned with oil, vinegar, and other dressing has a very high demand, due to nutritional benefits. The advent of salads as packaged salads have increased its demand to a great extent. Salad is something that is consumed almost daily, especially during summers. The huge demand for salads is because it is a natural source of fiber, has nutritional values of fresh fruits and vegetables, helps in maintaining weight, strengthens bones, improves muscle performance, protects the heart, and improves skin tone. All this, coupled with the busy lifestyle of people, has made it very convenient for the consumers to buy packaged salads, thereby increasing its demand in the global market.

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COVID-19 Scenario Analysis:

The COVID-19 outbreak has affected packaged food industries.
Although in this lockdown situation, the demand for packaged food items with longer shelf lives has increased.
But, the manufacturers are not able to meet the demand due to supply chain disruption.
Lockdown in many countries has put a halt on manufacturing units and transactions of goods from one place to another.
The trend is inclining and might completely shift towards D2C in the future.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The drivers contributing to the growth of this market include changes in lifestyles, increase in urban population, busy lifestyles, and rise in disposable income. Other factors include convenience, less time consumption, longer shelf life, and assurance of food protection.

Many consumers, who still prefer conventional methods for preparing salads, restrain the growth of the global packaged salad market. A major challenge to the growth of the global packaged fruit salads is posed by several emerging local brands. Also, there is a risk of getting food contamination or reaction with the material it is packed within, due to which, the government has implemented strict compliances. With this, uncertain economic conditions, an increase in the prices of fruits and vegetables used in salads and issues related to food security can be seen as possible threats for this market.

However, few opportunities that can propel the global packaged salads market are changes in lifestyles of people, high consumer demand for nutritive food products, rise in awareness toward healthy food habits, health benefits associated with salads, and the availability of eco-friendly packaging that can be recycled or reused.

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Key Market Players

Summer Fresh
Sunfresh
United Salad Co.
BrightFarms
Fresh Express
Gotham Greens
Mann Packing
Earthbound Farm
Shake Salad
Evertaste
Zina’s Salads Inc.
Dole
Ready Pac Foods
Raynor Foods

Key Benefits of the Report:

This study presents the analytical depiction of the global packaged salad 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 packaged salad market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global packaged salad market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global packaged salad market analysis based on competitive intensity and how the competition will take shape in the coming years.

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Key Segments Covered:

Type

Green Salad

Caesar Salad

Chef Salad

Waldorf Salad

Others

End User

Business to Business

Business to Consumers

Calorie Content

High Calorie Salad

Low Calorie Salad

Preserved State

Liquid State

Frozen State

Solid State

Fresh State

About Allied Market Research:

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.

Connected Car Market : Europe Region To Grow 20.4% During 2020 to 2027

According to a recent report published by Allied Market Research, titled, “Connected Car Market by Technology, Connectivity Solution, Service, and End Use: Opportunity Analysis and Industry Forecast, 2020-2027,”the global connected car market was valued at $63.03 billion in 2019, and is projected to reach $225.16 billion by 2027, registering a CAGR of 17.1% from 2020 to 2027.

North America dominated the global connected car market in terms of revenue in 2019, followed by Europe, Asia-Pacific and LAMEA. During the forecast period, Europe is expected to experience growth in the global connected car market owing to a better CAGR as compared to other regions.

Connected car can be defined as a car that is equipped with a wireless local area network (Wireless LAN) and usually with internet. This connectivity allows the car to share data and internet access with any other device both outside and inside the vehicle. In addition, the car is also installed with special added technology that connects to internet or wireless LAN and provides additional benefits such as navigation, vehicle diagnosis, and others to the driver.

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Connected car swiftly gained popularity among vehicles due to the introduction of advanced features such as advanced driving system, on-board entertainment, as well as vehicle and mobility management. The concept of connected car has also gained traction due to several government regulations, which has enabled the original equipment manufacturers and aftermarket players to grow their business, which eventually boosts the growth of the connected car market.

Over time, various connectivity solutions have been developed by car manufacturers and service providers. This include the machine-to-machine (M2M) connectivity platform. This M2M feature in a car enables interconnectivity between two connected cars. The car is equipped with numerous sensors and processors, which provide accurate and real-time information to the driver. This in turn fuels the adoption of connected cars across the globe, thus supplementing the growth of the connected car market.

Current trend for the installation of better and efficient connected car system in vehicles has increased due to its advantages such as better and increased vehicle efficiency. This has enabled the manufacturers to make continuous enhancements in existing connected car service; therefore, boosting the growth of the connected car market.

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Factors such as rise in trend of connectivity solutions and ease of vehicle diagnosis fuel the growth of the connected cars market. In addition, increase in need for safety & security boosts the market growth. However, threat of data hacking and high installation cost hinder the market growth. Moreover, unavailability of uninterrupted & seamless connectivity restricts the growth of the market. Conversely, integration of intelligent transportation system in connected cars and improved performance of autonomous vehicles are anticipated to provide remunerative opportunities for market expansion.

Key Findings of The Study –

By technology, the 5G technology is expected to experience growth owing to an increased CAGR.
By connectivity solution, the embedded connectivity solution segment is expected to experience growth during the forecast period.
By region, North America is the highest revenue contributor in the global connected car market owing to the wider adoption of connected car service among the vehicles running across the region.
By region, Europe is expected to lead the market owing to better growth rate as compared to other regions, during the forecast period.

The key players analyzed in this report include Airbiquity Inc., CloudMade, Continental AG, Intellias Ltd., LUXOFT, Qualcomm Technologies, Inc., Robert Bosch GmbH, Sierra Wireless, Tesla, and ZUBIE, INC.

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About us –

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Third-party logistics (3PL) Market : Airways Segment To Rise 13.1% CAGR During 2020-2027

According to a recent report published by Allied Market Research, titled, “3PL (Third-party Logistics) Market by Mode of Transport, Service Type and Industry: Opportunity Analysis and Industry Forecast, 2020–2027,”the global 3PL market was valued at $1,027.71 billion in 2019, and is projected to reach $1,789.94 billion by 2027, registering a CAGR of 7.1% from 2020 to 2027.

At present, Asia-Pacific dominates the market, followed by North America, Europe, and LAMEA. China dominated the Asia-Pacific 3PL market in 2019, whereas Mexico is expected to grow at a significant growth rate in North America during the forecast period.

3PL is an outsourced activity related to the management of flow of goods in a company’s supply chain and delivery of products from manufacturer to the consumer on time. These services go beyond logistics and include value-addition to the entire process from procurement of goods to the distribution of furnished products to the customers establishing an effective and efficient supply chain. 3PL services are used by retailers and manufacturers to focus on their respective core competencies by outsourcing secondary services. Moreover, advanced IT solutions like such as EDI (electronic data interchange (EDI), and VMI (vendor managed inventory (VMI) etc. is enhancing supplementing the growth of the global 3PL market. The world 3PL market is further poised to witness significant growth during the forecast period, owing to increase in the development of the e-commerce industry and along with rise in trade activities around the globe, and inclination of manufacturers and & retailers toward enhancing their core competencies for enhance profitability. Moreover, varied government rules and regulations in different countries make manufacturers uneasy, which is increasing the demand of for 3PL expertise companies to deal with them. However, factors like such as lack of control on outsourced activities and risk to reputation or business due to inefficiency of 3PL services provide is hampering hamper the growth of this the 3PL (third-party logistics) market.

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Transportation and logistics provider companies are improving and upgrading their services to provide offer reliability, service levels, and improve efficiency. For instance, on in October 2018, UPS, a global transportation and logistics services provider, opened its fourth largest global and second largest U.S.-based network package operating facility. Such facilities serve the Chicago Area Consolidation Hub (CACH) ground facility, which is incorporated for railway cargos. Third-party logistics service providers are adopting latest IT solutions, such as warehouse management system (WMS) and transport management system (TMS), to provide innovative delivery solutions to first-party companies. For instance, in September 2018, NEXT Future Transportation, Inc., a fully integrated logistics solution, introduced automated ground vehicle and e-Shuttlesin, an on-road transportation vehicle, to operate on public roadways to provide autonomous parcel delivery solutions. Leading third-party logistics companies are forming entering joint venture to operate across various regions using waterways transport operations. For instance, in July 2018, Dutch port services provider, LBH Group and German 3PL Rhenus Group entered into a joint venture to operate across Europe using inland waterway transport operations.

Leading transportation service companies are taking initiatives to accelerate interest of companies to adopt dedicated contract carriage. For instance, Penske Corporation, a logistics service provider, introduced a guide to simplify the process for first-party companies to evaluate dedicated contract carriage services. Third-party logistics giants are acquiring other logistics service providers to expand their businesses and market shares. For instance, in October 2018, a leading provider of transportation services and logistics technology, Transplace Inc. acquired domestic intermodal business of Yusen Logistics, a logistics service provider based in America. This acquisition is expected to provide Transplace Inc. a significantly larger domestic transportation business.

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Factors such as increase in trading activities due to globalization and increase in focus of manufacturers and retailers on core competencies fuel the growth of the 3PL market. In addition, development of the e-commerce industry and increase in reverse logistics operations boost the market growth. However, risk to goodwill of manufacturers hinders the growth of the 3PL market. In addition, reduction in control of manufacturers on logistics servicerestricts the growth of the market. On the contrary, use of IT solutions & software, cost cutting, and lead time reduction due to adoption of multi-modal systemare anticipated to provide growth opportunities for the 3PL market.

Key Findings Of The Study –

On the basis of mode of transport, the airways segmentis anticipated to exhibit remarkable growth rate during the forecast period.
The dedicated Contract Carriage (DCC)segment is expected to depict lucrative growth rate during the forecast period.
The LAMEA region is anticipated to grow at the highest CAGR in the near future.
In 2019, Asia-Pacific contributed the highest market revenue, followed by North America, Europe, and LAMEA.

The key players analyzed in this report are C.H. Robinson Worldwide, Inc., DB Schenker, DHL International GMBH, FedEx Corporation, KUEHNE+NAGEL Inc., Maersk, Nippon Express, Panalpina World Transport Ltd., Union Pacific Railroad, United Parcel Service, and others.

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About us –

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact –

Web: www.alliedmarketresearch.com

Smoking Accessories Market Expected to Reach $6.3 Billion by 2030

The smoking accessories market is expected to witness significant growth, owing to increase in attraction of youth toward smoking. Moreover, water pipes have become centerpieces of cafés and restaurants, especially in countries such as South Africa, China, India, and the U.S. Rise in income levels and urbanization is also a key driver for growth of the smoking accessories market. Furthermore, increase in aggressive advertisements and promotions through social media platforms by manufacturers plays a crucial role in growth of the smoking accessories market.

According to a new report published by Allied Market Research, titled, “Smoking Accessories Market,” The smoking accessories market was valued at $3.1 billion in 2020, and is estimated to reach $6.3 billion by 2030, growing at a CAGR of 6.5% from 2021 to 2030. Online retail platform is the major driver of the smoking accessories market. Presently, most smoking accessories manufacturing companies have their own web-based retail stores where users have access to information about product launches, product features, demo, price, and other required information about products.

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There is an increase in number of consumers shopping online, owing to availability of different product options and price comparison on online shopping sites. This is useful for retailers, owing to zero expenditure on physical outlets. Furthermore, there is a rise in preference for online shopping as consumers can read reviews provided by other consumers, compare various stores & products, and verify product price by different sellers. Thus, rise in adoption of online sales channels drives growth of the smoking accessories market.

The market in Asia-Pacific and LAMEA offers lucrative growth opportunities for operating players. Increase in adoption of western lifestyle and rise in disposable income of consumers majorly drive growth of the market. Moreover, increase in attraction of young people toward smoking to look cool in the society has further increased sales of smoking accessories which is becoming the latest smoking accessories market trends in developing region. Asia-Pacific offers potential growth opportunities to the market players for launching innovative smoking accessories. Moreover, countries in Latin America, such as Brazil, are expected to unfold attractive business opportunities

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Owing to high consumption of tobacco products. However, nicotine replacement therapy is a medically approved method of obtaining nicotine, except through tobacco use. It is used to aid in quitting cigarette smoking or chewing tobacco. Nicotine replacement therapies can significantly reduce cravings, thereby breaking the mental addiction to tobacco-based products. Growing public awareness regarding high success rate of nicotine replacement therapies, such as patches, lozenges, gums, and other products restrict the smoking accessories market growth.

The smoking accessories market is segmented on the basis of product type, age group, distribution channel, and region. Based on product type, the smoking accessories market is bifurcated into grinder, water pipes, rolling paper, vaporizers, and others. On the basis of age group, it is divided into below 18 years, 18 to 30 years, 30 to 50 years, and above 50 years. On the basis of distribution channel, it is categorized into online and offline. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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KEY FINDINGS OF THE STUDY

By product type, the water pipes segment constituted a major smoking accessories market share in 2020; however, the grinder segment is projected to experience growth at the highest CAGR during the smoking accessories market forecast period.
On the basis of age group, the 18 to 30 years segment led, in terms of the market share, and is expected to continue to grow with robust CAGR during the forecast period.
On the basis of distribution channel, offline segment held the major share in the market in 2020, and is projected to remain dominant during the forecast period.
By region, Asia-Pacific accounted for the highest market share in 2020, and is expected to grow at a significant CAGR during the forecast period. Increase in use of smoking accessories among young population has driven growth of the smoking accessories market in the region.

Major companies have adopted agreement, product launch, expansion, and merger strategies to sustain the intense market competition.

The key players profiled in the smoking accessories industry includes :-

BBK Tobacco & Foods, LLP
British American Tobacco PLC
Bull Brand
Chongz
Curved Papers, Inc.
Imperial Brands
Jinlin (HK) Smoking Accessories Co., Ltd.
Moondust Paper Pvt. Ltd.
Republic Technologies International
Univac Furncrafts Pvt. Ltd.

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Sustainable Athleisure Market Analysis, Opportunities, Growth By Top Companies, and Forecast Assessment, 2021-2030

According to a new report, “Sustainable Athleisure Market by Type, Demographic, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

The global sustainable athleisure market size was valued at $17,641.2 million in 2020, and is projected to reach $53,431.5 million by 2030, registering a CAGR of 11.6% from 2021 to 2030.

Across the globe, a sustainable increase in demand for popular brands such as Adidas and Nike has been witnessed. These brands are continuously focused on manufacturing eco-friendly sustainable clothing & footwear. Moreover, attractive designs and availability of number of varieties in sustainable clothing have attracted younger generation population. Furthermore, increase in health awareness among young generation and working class population has further boosted the growth of the market.

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In addition, more people opting for physical activities such as swimming, cycling, running, yoga, gymnastic, mountain climbing, and snowboarding in developing countries such as China, India, Japan, and Australia has further augmented the growth of the market.

The global per capita income has witnessed a strong growth rate over the past few years, particularly in the emerging economies. Increase in urbanization and growth of the middle class consumers in the developing and developed markets have encouraged the adoption of convenience-oriented lifestyles, making sustainable athleisure more desirable for all age group people, especially youngsters. Consumers have become more health conscious due to work-related stress and lifestyle disorders. Working individuals opt for fitness regimes such as swimming, running as well as gym to remain healthy and active in daily life. Majority of the individuals invest their time in performing various fitness activities to keep themselves fit and healthy. This has created a demand for fitness and sustainable athleisure among all age groups, thereby, fostering the sustainable athleisure market growth.

In the past few years, a considerable increase in the number of women participating in sports and fitness events has been witnessed. Women professionals have become conscious about their health, so they opt for fitness programs such as yoga or Zumba, and visit fitness centers. Nowadays, women prefer wearing sports apparel daily, which results in the growth of the sustainable athleisure market. Numerous companies launch products in vibrant colors, which offer enhanced comfort, thereby increase their popularity among women.

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However, sustainable athleisure products require proper designing and combination of various fabrics such as polyester, nylon, polypropylene, spandex, neoprene, and others, such as texture, design, look, and fashion attributes of athleisure apparels require systematic processing and designing of raw materials. Similarly, fluctuations commodity market, natural calamities effect on the raw material sources, fluctuations in global economies, and others are some of the key factors that affect the price of raw materials. Thus, these products are priced high, resulting in low sales. Thus, high costs of raw material designing of this product hamper the overall sustainable athleisure market trends.

The key players operating in the sustainable athleisure industry Adidas AG (Adidas), Eileen Fisher,Inc., Hanesbrands Inc., PUMA SE, Nike, Inc., Pangaia, Under Armour, Inc., Patagonia, Inc., Wear Pact, LLC and Vuori, Inc.

Key Benefits For Stakeholders

○ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the market from 2020 to 2030 to identify the prevailing market opportunities.
○ The key countries in all the major regions are mapped on the basis of market share.
○ The sustainable athleisure market forecast is offered along with information related to key drivers, restraints, and opportunities.
○ Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier–buyer network.
○ In-depth analysis of the sustainable athleisure market trends assists to determine the prevailing sustainable athleisure market opportunities.

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Europe Commercial Refrigeration Market Analysis, Future Demand and Leading Players Updates by Forecast to 2021-2028

The Europe commercial refrigeration market size was valued at $7.7 billion in 2019, and is projected reach $9.9 billion by 2028, registering a CAGR of 4.3% from 2021 to 2028. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

The growth of the Europe commercial refrigeration industry is driven by increase in demand for frozen & chilled products among consumers due to changes in lifestyle and emergence of modern trades. Moreover, development of the organized retail sector coupled with increase in number of hypermarkets and supermarkets boosts the Europe commercial refrigeration market growth.

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Europe commercial refrigeration market trends such as advancements in commercial refrigerators, integration of artificial intelligence (AI) coupled with rise in automation of equipment are anticipated to provide potential Europe commercial refrigeration market opportunities. Thus, Europe commercial refrigeration market size is expected to expand over the forecast period owing to the new offerings and development in existing product line by the key manufacturers.

Commercial refrigeration equipment are devices used in the commercial sector to preserve food items and beverages such as vegetables, fruits, meat, beer, and other similar products by maintaining a specific temperature. This helps increase the shelf life of the product making it suitable for purchase for a longer duration. Most commercial refrigeration systems are designed to reduce temperature over a period, while there are some refrigeration equipment that are specifically designed to reduce the temperature of food from around 90°C to as low as 30°C, in short time. The quick change in temperature helps constrain bacterial growth and maintain the freshness of food items for prolonged period.

The Covid-19 pandemic has a vital impact on the growth of the Europe Commercial Refrigeration 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 Europe Commercial Refrigeration Market.

The market is segmented into product, end user, and country. Depending on type, the chest refrigeration segment was the highest contributor to the Europe commercial refrigeration market share. By end user, the supermarket/hypermarket segment accounted for a maximum share in the regional market in 2019, and is expected to remain dominant during the Europe commercial refrigeration forecast period. However, the retail pharmacies segment is expected to experience rapid growth with a CAGR of 5.8% from 2021 to 2028.

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Country wise, the market is analyzed across Germany, France, UK, Italy, Spain, Netherlands, Poland, Russia, Denmark, and Rest of Europe.

Some of the key players profiled in the Europe commercial refrigeration market analysis include Bitzer GmbH, De Rigo Refrigeration S.r.l., Freor Lt Uab, FRIGOBLOCK GmbH, INTARCON, Kelvion Phe GmbH, Pfannenberg GmbH, SCM FRIGO S.P.A., TEXA Industries, and Walter Roller GmbH & Co.

Key Findings Of The Study

○ Depending on type, the chest refrigeration segment in the market is expected to grow at a CAGR of 4.4% from 2021 to 2028.
○ Country wise, UK is projected to maintain its leading position throughout the forecast period, growing at a CAGR of 3.3%.
○ On the basis of end user, the supermarket/hypermarket segment accounted for 23.5% of the share in 2019; however, the retail pharmacies segment is expected to grow at a CAGR of 5.8% from 2021 to 2028.

Reasons to Buy This Europe Commercial Refrigeration Market Report:

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Bicycle Market Size, Growth Rate, Opportunities, Regional Analysis and Forecast Assessment, 2021-2027

According to a new report published by Allied Market Research, titled, “Bicycle Market by Type, Sales Channel, and End User: Opportunity Analysis and Industry Forecast, 2021–2027”. 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.

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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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.

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.

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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
• Kona Bicycle Company.

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.
• In-depth analysis and the bicycle market segments and the market size assist to determine the prevailing the bicycle market opportunity.

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Tennis Shoes Market Size, Growth Analysis, Opportunities, Business Outlook, Top Companies and Forecast to 2021-2028

According to a new report published by Allied Market Research, titled, The global tennis shoes market was accounted for $2.19 billion in 2020, and is expected to garner $2.60 billion by 2028, registering a CAGR of 2.8% from 2021 to 2028. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

Increase in preference for tennis as a lifetime sport, rise in initiatives for improving tennis participation, and rapid launch of innovative products drive the global tennis shoes market. On the contrary, popularity of eSports among youth and availability of counterfeit products hinder the market growth. However, emergence of smart technology in shoes would open new opportunities in the coming years.

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Tennis shoes are type of athletic footwear used specially for playing tennis. It is different from other footwear as the design and qualities needed in a tennis shoe are different from other athletic shoes. Moreover, tennis shoes feature more strength and durability so that it allows players in quick side wise, forward, and backward movement while playing tennis. Tennis is gaining popularity across the globe due to events such as Grand Slams and French Open. Moreover, growth in fan base of famous tennis players such as Pete Sampras, Bianca Andreescu, and Rafael Osuna propels tennis participation rate globally and consequently fuels demand for the tennis shoes.

By type, the hard-court tennis shoes segment held the largest share in 2020, contributing to nearly half of the global tennis shoes market. Moreover, the segment is expected to manifest the highest CAGR of 2.6% during the forecast period, due to high popularity and preference of hard courts because of its affordability.

By distribution channel, the supermarket/hypermarket segment was the prominent segment, owing to high popularity and wide scale penetration of supermarket/hypermarket in leading tennis shoes markets such as North America and Europe. The supermarket/hypermarket segment is followed by specialty stores and e-commerce segments. Wide scale adoption of internet, online shopping platforms, and changes in consumer buying behavior due to COVID-19 is expected boost the e-commerce segment. Moreover, the e-commerce segment is anticipated to be the fastest-growing distribution channel during the forecast period, owing to growth in popularity and developing infrastructure of e-commerce channels globally.

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North America dominated the market, garnering around 37.4% of the total tennis shoes market share, followed by Europe. North America and Europe are characterized by high disposable income and elevated participation in tennis & demand of tennis shoes, which makes them leading markets for tennis shoes.

However, Asia-Pacific is expected to show promising growth rate due to the presence of highest tennis playing population in this region. According to the International Tennis Federation (ITF), Asia contributed for around 37.9% or over 33 million of the global tennis playing population in 2019. LAMEA is anticipated to exhibit slow growth due to unawareness about different tennis shoes and low participation in tennis.

Players operating in the global tennis shoes market have adopted various developmental strategies to expand their market share, exploit the tennis shoes market opportunities, and increase profitability in the market. The key players profiled in this report include ADIDAS Group, ASICS Corporation, Babolat, FILA Holdings Corp., K-Swiss, Lotto Sport Italia S.p.A., New Balance, Inc., Nike, Inc., PUME SE, and Wilson Sporting Goods Company.

Key findings of the study:

○ The tennis shoes market was valued at $2,193.2 million in 2020, and is estimated to reach $2,604.4 million by 2028, growing at a CAGR of 2.8% during the forecast period.
○ By playing surface, the hard court tennis shoes segment is estimated to witness the fastest growth, registering a CAGR of 2.6% during the forecast period.
○ In 2020, depending on user, the men segment was valued at $1,096.9 million, accounting for 50% of the global tennis shoes market share.
○ In 2020, the U.S. was the most prominent market in North America, and is projected to reach $357.3 million by 2028, growing at a CAGR of 2.6% during the forecast period.

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Automotive Silicone Market Popular Trends & Technological Advancements, Forecast & Opportunities by 2025

Automotive silicone is a heat-resistant and rubber-like polymer used in manufacturing adhesives, lubricants, sealants, and thermal & electrical insulation. It has properties such as durability, resistance, strength, and ultraviolet resistance. Likewise, resistance to chemical and abrasion makes silicone the foremost choice for the automotive industry.

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The growth of the global automotive silicone market is driven by its increasing demand from end-use industries, such as automotive. In addition, growing initiatives on fuel efficiency in demand for high efficiency and lightweight material in the automotive industry has also led to increase in growth of automotive silicone market. Furthermore, expansion of the automotive industry in emerging economies such as India, China, and South Korea is expected to drive the growth of the global automotive silicone market.

However, increasing use of electric vehicle is expected to restrain the growth of the global market. The increasing trend of using electric and hybrid vehicle and use of automotive silicone in the manufacturing of these vehicles is anticipated to provide lucrative opportunities for the growth of the global market.

The automotive silicone market is segmented based on type, application, and region. On the basis of type, the market is categorized into resins, elastomers, fluids, and gels. On the basis of application, the market is segmented into engines, interior & exterior, engines, electrical, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The key players operating in the market include DowDupont Inc., Momentive Performance Materials, Wacker Chemie, Shin-Etsu Chemical Co., Ltd., Elkem, Evonik Industries AG, Henkel AG & Co., KCC Corporation, Siltech, and Primasil Silicones Limited. The other players in the value chain analysis (and not included in the report) include Rogers Corporation, Bostik, NuSil Technology LLC, ACC Silicones Ltd., and Kaneka Corporation.

Key Benefits for Automotive Silicone Market:

Porters five forces analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building.
The report outlines the current trends and future scenario of the automotive silicone market from 2017 to 2025 to understand the prevailing opportunities and potential investment pockets.
An in-depth analysis of the current R&D within the market is provided along with the key dynamic factors.
The key drivers, restrains, and opportunities and their detailed impact analysis are elucidated in the study.
The profiles of the key players along with their key strategic developments are enlisted in the report.

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Canned Tomatoes Market Expected to Grow $19.5 Billion By 2030 | Industry Analysis with Top Player

According to the report, the global canned tomatoes market generated $11.7 billion in 2020, and is estimated to reach $19.5 billion by 2030, witnessing a CAGR of 5.3% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

High demand from Generation Z, surge in usage from the hospitality industry, and increase in demand for nutrient-rich foods drive the growth of the global canned tomatoes market. However, availability of alternatives and fatal effects on the environment due to wastage of cans hinder the market growth. On the other hand, demand for organic foods, added flavors, and omni-channel sales approach presents new opportunities in the coming years.

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Covid-19 Scenario:

The canned tomatoes market was not impacted severely as tomatoes came under the essential goods category. The demand increased during the Covid-19 pandemic as people began storing their food for longer time due to uncertain conditions.
The demand from the commercial segment reduced considerably. However, the demand has been recovered by the significant increase in demand from the residential sector.
Surge in sales through omni-channel approach and the trend of in-house cooking is expected to impact the market positively post-lockdown.

The report offers detailed segmentation of the global canned tomatoes market based on type, end user, sales channel, and region.

Based on type, the diced tomatoes segment accounted for the highest share in 2020, contributed to around two-fifths of the total share, and is expected to continue its lead position during the forecast period. Moreover, this segment is projected to manifest the largest CAGR of 5.6% from 2021 to 2030. The research also analyses the segments including whole peeled tomatoes, stewed tomatoes, and others.

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Based on end user, the residential segment contributed to the largest share in 2020, accounting for nearly three-fourths of the total share of the global canned tomatoes market, and is projected to continue its dominant share during the forecast period. However, the commercial segment is expected to register the fastest CAGR of 6.0% from 2021 to 2030.

Based on region, Europe contributed to the highest share in 2020, accounting for more than half of the total market share, and is estimated to continue its leadership status by 2030. However, Asia-Pacific is expected to portray the largest CAGR of 7.6% during the forecast period.

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List of companies profiled of the global canned tomatoes market analyzed in the research include Conagra Brands, DeMatteis, Del Monte Foods Holding Limited and Subsidiaries, Kraft Heinz Company, General Mills, Inc., Princes Limited, Nestle S.A., Sun-Brite Foods Inc., Red Gold, and Unilever Plc.

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