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A lead analyst at AMR highlighted that the white goods market in LAMEA is anticipated to grow at the fastest CAGR during the forecast period.

Allied Market Research published a research report on the white goods market. The findings of the report states that the global market for white goods generated $ 635.4 billion in 2019, and is estimated to reach $ 1,031.0 billion by 2027, registering a CAGR of 7.8% from 2021 to 2027. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants.

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The report provides detailed insights on drivers, restrains, and opportunities to help the market players in devising several growth strategies. Increase in expenditure on home improvement by people, rise disposable income and standard of living among people living in both developed and developing countries, and extensive adoption of automation in major industries are expected to drive the growth of the growth of the global white goods market. On the other hand, high cost of installation is expected to hinder the growth to some extent. However, growing popularity of smart and internet-enabled devices and appliances for seamless connectivity is expected to ample opportunities for the industry.

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“Growing technological advancements in white goods and their adoption has been majorly influencing the growth of the product market. Furthermore, growing standard of living and personal disposable income are considerably facilitating people to buy home appliances. It is also found through the study, that consumers are actively replacing their old home appliances with smart home appliances during the lockdown period of COVID-19 pandemic, which further boost the demand for white goods market,” Roshan Deshmukh, Assistant Manager, Consumer Goods at Allied Market Research.

The report provides a detailed scenario of the impact of the Covid-19 pandemic on the white goods market globally. The outbreak of COVID-19 has had a negative impact on the growth of the global white goods market, owing to the presence of lockdowns in various countries across the globe. Lockdowns resulted in the closure of manufacturing facilities of electronics items, which adversely impacted the demand for white goods during the pandemic. This was mainly due to the stringent social distancing restrictions imposed by the government during the pandemic, in order to curb the spread of the virus. However, the market is expected to recoup soon.

The report offers a detailed segmentation on the global white goods market report based on product, end-user, distribution channel and region.

Based on product, the refrigerator segment held the largest market share in 2019, holding nearly two-fifths of the global market. The dishwasher segment, on the other hand, is predicted to cite the fastest CAGR of 10.3% during the forecast period.

Based on end-user, the residential segment held the majority market share in 2019, garnering nearly three-fifths of the global market. The commercial segment, on the other hand, is predicted to cite the fastest CAGR of 8.5% during the forecast period.

Based on region, the market across Asia-Pacific held the lion’s share in 2019, holding nearly half of the global market. The market across LAMEA region, on the other hand, is predicted to exhibit the fastest CAGR of 9.4% during the forecast period.

The key players analyzed in the global white goods market report include Alliance Laundry System LLC, AB Electrolux, Blue Star Limited, Haier Group Corporation, IFB Industries Ltd, LG Electronics Inc., Havells India Limited, Koninklijke Philips N.V., The Middleby Corporation and Whirlpool Corporation.

About Allied Market Research:

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

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A lead analyst at AMR highlighted that the sports apparel market in Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period.

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Allied Market Research published a research report on the sports apparel market. The findings of the report states that the global market for sports apparel generated $167.7 billion in 2018 and is estimated to reach $248.1 billion by 2026, registering a CAGR of 5.1% from 2019 to 2026.The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants.

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The report provides detailed insights on drivers, restrains, and opportunities to help the market players in devising several growth strategies. Increase in health awareness among people across the globe, growing popularity of various fitness activities such as yoga, aerobics, swimming, Pilates, and others, increase in standard of living among people, and significant surge in the demand for trendy and fashionable sports apparel products are expected to drive the growth of the global sports apparel market. On the other hand, availability of counterfeit products is expected to hinder the growth to some extent. However, rise in participation of women in sports and fitness activities is predicted to create ample opportunities for the industry.

“The affluent population in the emerging economies has increased over the years and with it the expenditure on shopping and specialty goods such as premium clothing or sports apparel has increased,” says Shankar Bhandalkar, Team Lead Research, Consumer Goods at Allied Market Research.

The report provides a detailed scenario of the impact of the Covid-19 pandemic on the sports apparel market globally. The outbreak of COVID-19 has had a negative impact on the growth of the global sports apparel market, owing to the presence of lockdowns in various countries across the globe. Lockdowns resulted in the decreased sales of sports apparels during the pandemic as most of sports and fitness activities, fitness centres were closed during the pandemic. This was due to the stringent social distancing restrictions imposed by the government during the pandemic. Moreover, import and export of raw material during the pandemic became difficult due to the severe regulations from the government. However, the market is predicted to recoup soon.

The report offers a detailed segmentation on the global sports apparel market based on end-user, distribution channel and region.

Based on end-user, the men segment held the largest market share in 2018, garnering nearly half of the global market. The women segment, on the other hand, is expected to cite the fastest CAGR of 5.6% during the forecast period.

Based on distribution channel, the e-commerce segment held the majority market share in 2018, holding more than one-third of the global market. The discount stores segment, on the other hand, is expected to exhibit the fastest CAGR of 4.8% during the forecast period.

Based on region, the market across Asia-Pacific region held the lion’s share in 2018, garnering more than one-third of the global market. In addition, the same segment is expected to cite the fastest CAGR of 8.6% during the forecast period.

The key players analyzed in the global sports apparel market report include Adidas AG, Nike, Inc., Puma SE, Under Armour, Inc., Ralph Lauren Corporation, Umbro Ltd., Fila, Inc, Lululemon Athletica Incorporation, New Balance Athletic Shoe, Inc., and Columbia Sportswear Company.

About Allied Market Research:

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

Contact us:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

Toll Free: 1-800-792-5285 |UK: +44-845-528-1300 | Hong Kong: +852-301-84916 | India (Pune): +91-20-66346060|Fax: +1-855-550-5975

Email: help@alliedmarketresearch.com.

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A lead analyst at AMR highlighted that the industrial oven market in Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period.

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Allied Market Research published a research report on the industrial oven market. The findings of the report states that the global market for industrial oven contributed to $9.42 billion in 2020, and is projected to reach $15.96 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants.

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The report provides detailed insights on drivers, restrains, and opportunities to help the market players in devising several growth strategies. Increase in the popularity of industrial oven in heat treatment operations in manufacturing plants, rapid industrialization coupled with the ever-growing population across the globe, and availability of economical options for high volume production and consistency in operations of industrial ovens are expected to drive the growth of the global industrial oven market. On the other hand, its extortionate cost is expected to hinder the growth to some extent. However, persistent technological advancements are expected to create ample opportunities for the industry.

 “The growth of the industrial oven market is driven by the rapidly growing industrialization across the globe. Moreover, high demand for industrial oven in number of end-user industries over industrial furnaces is expected to boost market growth. Furthermore, shift in focus toward use of continuous line industrial oven is anticipated to propel the market growth,” says Shankar Bhandalkar, Team Lead-Research, and Consumer Goods at Allied Market Research.

The report provides a detailed scenario of the impact of the Covid-19 pandemic on the industrial market globally. The outbreak of Covid-19 has had a negative impact on the growth of the global industrial oven market, owing to the occurrence of lockdowns in various countries across the globe. Lockdowns resulted in the closure of all industries, including those of industrial oven due to the stringent social distancing restrictions imposed by the government to curb the spread of the virus during the pandemic. In addition, lack of raw material and restriction in the movement of goods further aggravated the impact on the market. However, the market is expected to recoup soon.

The report offers a detailed segmentation on the global industrial oven market based on product, process, heating medium, end-user industry, and region.

Based on product, the curing oven segment held the largest market share in 2020, garnering nearly two-fifths of the global market. The baking ovens segment, on the other hand, is expected to cite the fastest CAGR of 6.3% during the forecast period.

Based on process, the continuous segment held the majority market share in 2020, holding more than half of the global market. The batch segment, on the other hand, is expected to exhibit the fastest CAGR of 5.6% during the forecast period.

Based on region, the market across Europe held the lion’s share in 2020, garnering nearly two-fifths of the global market. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 6.5% during the forecast period.

The key players analyzed in the industrial oven market report include ASC Process Systems, Harper International, Eastman manufacturing ltd., Rowan Technologies, Wisconsin Oven Corporation., JPW Ovens & Furnaces, Davron Technologies, Grieve Corporation, JLS Ovens, and Steelman Industries, Inc.

About Allied Market Research:

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

Contact us:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

Toll Free: 1-800-792-5285 |UK: +44-845-528-1300 | Hong Kong: +852-301-84916 | India (Pune): +91-20-66346060|Fax: +1-855-550-5975

Email: help@alliedmarketresearch.com.

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A lead analyst at AMR highlighted that the ecotourism market in North America is anticipated to witness the fastest CAGR during the forecast period.

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Allied Market Research published a research report on the ecotourism market. The findings of the report states that the global market for ecotourism generated $181.1 billion in 2019, and is projected to reach $333.8 billion by 2027, witnessing a CAGR of 14.3% from 2021 to 2027. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants.

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“The rise of travel and tourism to unique destinations has shown significant resilience globally. Iceland, Kenya, Palau, and Nepal are the trending hotspots in unique eco-tourism destinations travelled across.” said Shankar Bhandalkar, Team Lead-Research, and Consumer Goods, at Allied Market Research.

The report provides insights on drivers, restrains, and opportunities to help market players in devising growth strategies and capitalizing on opportunities. The growth of the ecotourism market is owed to factors such as rise in travel and tourism to unique destinations, inclination toward exploration of wildlife, coral reefs, and pristine undisturbed natural areas, and increased focus on sustainability. On the other hand, low availability of accommodation and inadequate support infrastructure at ecotourism destinations hinder the market growth. However, public-private partnerships to subsidize air routes to remote tourist destinations, enhanced transport capabilities, and provision of ease of accessibility are expected to offer lucrative opportunities for the market in future.

The report provides a detailed scenario of the impact of the Covid-19 pandemic on the ecotourism market globally. The outbreak of the pandemic led to imposition of lockdown and ban on travels and transportation, hindering the exploration of new and remote destinations. Many destinations and tourist spots were closed down by governments to prevent people from getting infected with coronavirus. However, countries across the globe have been establishing more resilient tourism systems during the post-pandemic period. Governments have been implementing structural transformation and offering financial stimulus for supporting the tourism sector.

The report offers detailed segmentation of the global ecotourism market based on traveler type, age group, sales channel and region. These insights are helpful for new as well as existing market players to capitalize on the fastest growing and largest revenue generating segments to accomplish growth in the coming years.

In terms of traveler type, the group segment held nearly four-fifths of the global ecotourism market in 2019. The solo segment, however, would cite the highest CAGR of 15.9% from 2021 to 2027.

By age group, the generation Y segment was the largest in 2019, accounting for nearly three-fifths of the global market. However, the generation Z segment is estimated to manifest the highest CAGR of 15.6% during the forecast period.

By region, the market across Asia-Pacific held the largest share in 2019, capturing nearly two-fifths of the global market. However, North America is projected to register the fastest CAGR of 16.2% during the forecast period.

Leading market players of the global ecotourism market analyzed in the report include Travel Leaders Group LLC, Aracari Travel, FROSCH International Travel Inc., Undiscovered Mountains Ltd, Adventure Alternative, Intrepid Group Limited, Rickshaw Travel Group, G Adventures, Steppes discovery and Small World Journeys Pty Ltd.

About Allied Market Research:

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

Contact us:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

Toll Free: 1-800-792-5285 |UK: +44-845-528-1300 | Hong Kong: +852-301-84916 | India (Pune): +91-20-66346060|Fax: +1-855-550-5975

Email: help@alliedmarketresearch.com.

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