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According to a new report published by Allied Market Research, titled, “Coffee Maker Market by Type, End Use and Sales Channel: Opportunity Analysis and Industry Forecast, 2021–2027,” The global coffee maker market size was valued at $3.8 billion in 2019, and is anticipated to reach $5.1 billion by 2027, with a CAGR of 6.30% during the forecast period 2021 to 2027. The market is expected to exhibit an incremental revenue opportunity of $1,370.82 million from 2019 to 2027. The market for coffee maker comprises drip, steam, capsule, and other coffee machine.

The coffee industry has been evolving in terms of innovations, new launches, and demand. Manufacturers are focusing on key innovations that cater to the requirements of the large consumer base. Furthermore, increase in awareness toward health benefits such as reduced risk of type 2 diabetes, liver cancer and liver diseases, and protection against heart failure is expected to result in high consumption of coffee. Thus, this has resulted in increased demand for various types of coffee maker products in emerging nations.

Furthermore, increase has been witnessed in the number of netizens along with rise in internet penetration. Taking this into consideration, most of the key players in the market strategize on promoting their products on various social media platforms. Thus, through social media marketing strategy, the coffee maker market sights critical growth opportunity.

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Coffee consumption has witnessed higher rate of penetration in North America and Europe. However, low availability and lower consumption has been observed in some major parts of Asia-Pacific and LAMEA, which is attributable to low performing macro-economic factors such as low internet penetration and insufficient marketing strategies by manufacturers. Thus, lower penetration of such products limits the coffee maker market growth. In addition, higher maintenance cost of the machine restrains the market growth.

According to the coffee maker market analysis, the market is segmented on the basis of type, end use, sales channel and region. Based on type, the coffee maker market is categorized into drip coffee machine, steam coffee machine, capsule coffee machine, and others. Drip coffee machine is widely used in café and restaurant industry. The drip coffee machine segment was the highest contributor to the market, with $1,541.40 million in 2019, and is estimated to reach $1,977.32 million by 2027, at a CAGR of 5.5% during the forecast period. The manufacturers are launching drip machines with advance technologies features such as these machines can be accessed through smartphone or devices, which is likely to propel the growth of the segment.

On the basis of end use, the commercial segment held a significant share of 65.7% in the coffee maker industry in 2019. This is attributed to increase in number of cafes and restaurants in commercial complexes across the globe. Moreover, rapidly growing corporate sector is expected to fuel the demand for coffee machine in the market.

On the basis of sales channel, the offline segment dominated the market in 2019, accounting for 61.7% of the share, and is expected to retain its dominance throughout the forecast period. This is attributed to the fact that consumers are preferring products from various offline sales channels such as hypermarket/supermarket, specialty stores, and convenience stores, among others.

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Region wise, Europe was the prominent market in 2019, garnering maximum share, owing to high consumption of coffee in majority of the European countries, including Germany, Italy, France, and Spain. Furthermore, consumers in the region are attracted by new varieties of the coffee and its taste, which drives the market growth. Furthermore, Europe is expected to witness CAGR of 5.70%, owing to health benefits offered by coffee.

The key players profiled in this report include De’Longhi Appliances S.r.l, Electrolux, Koninklijke Philips N.V, Siemens AG, BSH Home Appliances Corporation, Newell Brands, Breville USA, Inc, GROUP SEB, Whirlpool, and Nestlé Nespresso. The key players provide current coffee maker market trends, financial statement, and products development.

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Key findings of the study

The global coffee maker market was valued at $3.8 billion in 2019 and is anticipated to reach $5.1 billion by 2027, with a CAGR of 6.30% during the forecast period.
By type, the drip coffee machine segment is estimated to witness the fastest growth, registering a CAGR of 5.50% during the forecast period.
By end use, the commercial segment held the highest share, accounting for 65.7% of the market share.
By sales channel, the offline segment held the highest share, accounting for 61.7% of the global coffee maker market share.
In 2019, Europe was the most prominent market and is expected to grow at a significant CAGR throughout the coffee maker market forecast period.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. 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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Reverse Osmosis Membrane Market Global Opportunity Analysis and Industry Forecast, 2018-2025

According to a new report published by Allied Market Research, titled, “Reverse Osmosis Membrane Market By Material Type, Filter Module and Application: Global Opportunity Analysis And Industry Forecast, 2018-2025,” the global reverse osmosis membrane market size was valued at $6.9 billion in 2017, and is estimated to reach $13.5 billion by 2025, registering a CAGR of 8.7% from 2018 to 2025.

The spiral-wound reverse osmosis membrane segment accounted for more than two-fifths of the total reverse osmosis membrane market in 2017. Asia-Pacific is one of the prominent regions in the market that accounted for a sizeable share of the total reverse osmosis membrane market share in 2018. The reverse osmosis membrane is a semipermeable separating laminate used in purification of water from contaminants and excess of dissolve salts. Reverse osmosis removes many types of dissolved and suspended species from water, including bacteria, and is used in both industrial processes and the production of potable water. The result is that the solute is retained on the pressurized side of the membrane, and the pure solvent is allowed to pass to the other side. The reverse osmosis system does not require heat for the process to be performed, hence aids in conservation of energy.

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Factors that drive the reverse osmosis membrane market growth are rise in demand for potable water and increase in population across the globe. Moreover, high-growth application areas such as seawater desalination systems and RO purification systems along with stringent regulations, owing to increased concerns over safe drinking water, is expected to drive the market. Also, rapid industrialization and continuous rise in infrastructure have contributed immensely toward water pollution, which is anticipated to drive the need for water purification and thus, indirectly creates an opportunity for the market players. However, factors, such as high cost of membrane, are expected to restrict the market growth during the forecast period. On the contrary, development of hybrid & advanced membrane technology with low energy consumption rate is anticipated to witness high adoption among consumers.

The report segments the global reverse osmosis membrane market by material type, filter module, application, and region. On the basis of material type, the market is bifurcated into cellulose-based and thin film composite. According to the filter module, the market is classified into the plate & frame, tubular-shaped, spiral-wound, and hollow-fiber. On the basis of application, the market is divided into desalination system, RO purification system and medical devices & diagnostics. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

According to the reverse osmosis membrane market the thin film composite membrane segment was the highest contributor to the reverse osmosis membrane market. The cellulose-based membrane segment is expected to grow at the fastest CAGR of 7.9% during the reverse osmosis membrane market forecast period reaching $3.8 billion by 2025.

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According to the reverse osmosis membrane market analysis, based on filter module, the spiral-wound segment accounted for a maximum share in the global market in 2018 and is expected to remain dominant during the forecast period. However, the hollow-fiber segment is expected to experience rapid growth with a CAGR of 9.1% from 2018 to 2025. The growth can be attributed to the advantages such as high packing density and the highly flexible strands of this filter module

North America accounted for approximately one-third of the total share of the reverse osmosis membrane market in 2018 and is expected to remain dominant during the forecast period. This can be attributed to rise in population and lack of potable water in this region. Asia-Pacific is expected to be a prominent market with major growth expected in China, India, and other developing countries.

Key Findings of the Reverse Osmosis Membrane Market :-

Based on material type, the thin film composite membrane segment in the market is expected to grow at a CAGR of 9.1% from 2018 to 2025.
Based on region, North America is projected to maintain its lead position throughout the forecast period, growing at a CAGR of 8.9%.
Based on filter module, the spiral-wound membrane segment accounted for more than half of the total reverse osmosis membrane industry in 2018.
Based on region, Asia-Pacific is expected to occupy a sizeable share in the global reverse osmosis membrane market. It is expected to reach $4.5 billion in 2025.
Based on application, the RO purification system segment is expected to grow at a CAGR of 8.2% from 2018 to 2025.

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The key players profiled in the report include Toray Industries, Inc., LG Chem., Hydranautics (A Nitto Group Company), Toyobo Co., Ltd., Lanxess AG, The Dow Chemical Company, Koch Membrane System, Microdyn-Nadir GmbH, Membranium (JSC RM Nanotech), and Axeon Water Technologies.

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According to a new report published by Allied Market Research, titled, “Eyewear Market by Product Type, Mode of Sale, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global eyewear market size was valued at $110,900.0 million in 2020, and is projected to reach $237,051.1 million by 2030, registering a CAGR of 8.4% from 2021 to 2030. Eyewear is a group of accessories worn over the eyes to correct eyesight or protect them from debris, harmful radiation, or too much light. Spectacles (prescription glasses), contact lenses, and sunglasses are the three types of eyewear. At the moment, all retail outlets have a wide choice of glasses ranging in price from average to high. Metal, plastic, and nylon are some of the materials used to make eyewear frames. Increased life expectancy, growing old age population, and changing fashion preferences have all contributed to increased demand for eyewear products. Consumers now wear eyewear not only for vision correction, however also to improve their appearance.

According to eyewear market analysis, the eyewear market is classified on the basis of product type, mode of sale, end user, and region. By product type, the market is segmented into prescription glasses/spectacles, sunglasses, and contact lenses. The prescription glasses/spectacles segment was the highest contributor in 2020, due to increased usage of mobile phones and digital screens, which has resulted into increased use of spectacles for better vision.

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By mode of sale, the eyewear market is categorized into retail stores and online stores. The companies have established retail outlets to expand their geographical footprint and customer base. However, the online mode of sale has grown rapidly; owing to easy access and availability of a wide range of products at a competitive price. By end user, the market is bifurcated into men and women. Men’s segment occupies a significant share in the eyewear market. However, women segment has grown at a rapid rate, owing to increased number of female working professionals.

Region wise, the eyewear market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America contributed the highest revenue in 2020 and is expected to dominate the market during the forecast period. Asia-Pacific is growing at a rapid rate, owing to increased purchasing power of consumers and adoption of western culture.

The largest market segment is North America. The high disposable incomes, as well as the presence of leading brands in the region, are key factors driving eyewear market sales. Consumers have a strong preference for high-quality eyewear products. Designer frames and high-end glasses are available from the region’s top manufacturers. Furthermore, the prolonged use of gadgets, combined with a busy lifestyle, is the primary driving factor propelling product penetration.

The COVID-19 pandemic had a negative impact on the eyewear market growth. The demand for eyewear products has dropped slightly in the market as a result of pandemic and shutting down of stores. The lockdown has harmed workforce and resource availability, affecting the eyewear industry’s scale of production. The supply channel system for eyewear has been harmed as a result of transportation constraints. Demand for eyewear has increased due to rise in visual impairments and the desire for proper vision. Millennials are heavily dependent on and drawn to digital technologies such as laptops, video games, and mobile phones. They are more likely to develop vision problems as a result of spending long periods of time with these devices. As a result, increased visual defects and vision impairments are expected to boost the eyewear market during the forecast period. With technological developments and the availability of lightweight materials, a variety of market players provide innovative spectacles and lenses. Emerging markets such as India and China have experienced rapid expansion in the eyewear market.

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Product launch and acquisition are key growth strategies adopted by leading players to increase their eyewear market share and expand their customer base. The other type of growth strategies adopted by market players are partnership, agreement, and business expansion. The key companies profiled for the eyewear industry include, Carl Zeiss AG, Essilor Luxottica, Grand Vision, Johnson & Johnson, Inc., Safilo Group S.p.A., Prada S.p.A, Valeant Pharmaceuticals, Cooper Vision Inc., Alcon, MarcolinSpA, De Rigo Vision SpA, Hoya Corporation and, and Fielmann AG. Increased investments in R&D activities are anticipated to help in product innovations and development of customized eyewear products.

Key findings of the study

The global eyewear market size was valued at $110,900.0 million in 2020, and is projected to reach $237,051.1 million by 2030, registering a CAGR of 8.4% from 2021 to 2030.
By product type, the prescription glasses or spectacles segment was the highest contributor to the eyewear market, with $83,439.0 million in 2020, and is estimated to reach $179,852.4 million by 2030, at a CAGR of 8.5% during the forecast period.
By mode of sale, the retail stores segment was the highest contributor to the eyewear market, with $77,153.0 million in 2020, and is estimated to reach $160,825.1 million by 2030, at a CAGR of 8.1% during the forecast period.
By end user, the men segment was the highest contributor to the eyewear market, with $60,576.2 million in 2020, and is estimated to reach $126,576.8 million by 2030, at a CAGR of 8.2% during the forecast period.
By region, North America was the highest revenue contributor, accounting for $41,809.3 million in 2020, and is estimated to reach $85,338.4 million by 2030, with a CAGR of 7.9%.

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“The global demand for furniture is expected to increase due to rapid urbanization and high purchasing power of millennial generation. The residential segment dominates the market due to growing phase of infrastructure and real estate market. Moreover, advance technology of manufacturing has lowered the cost and time for manufacturing. However, manufacturers believe that rise in raw material prices would have a long-term impact on the market and hamper growth of market during the forecast period ”

According to a new report published by Allied Market Research, titled, “Global Furniture Market by Type, Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,” the global furniture market size was valued at $583,159 million in 2017 and is projected to reach $800,596 million by 2025, registering a CAGR of 3.5% from 2018 to 2025.

Furniture are objects used to support various human activities such as seating, eating, sleeping, and others. Furniture are also used to hold and position an object at certain required height either to store things or for aesthetic appeal. Depending on end use, furniture designs can be modified through machine-based processes and handcrafting. Furniture manufacturing involves highly skilled and creative professionals.

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• The residential segment in the furniture market is anticipated to have the highest market share during the forecast period. The rise in global economy has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the furniture market. The growing phase of infrastructure and real estate market has boosted the demand for residential furniture products in the various country across the globe.
• The furniture market is driven by emerging new species of wood tree for furniture manufacturing and marketing through internet are some of the factors that are expected boost the market growth. Furthermore, the furniture market is driven by various factors such as rise in disposable incomes, growth of real estate and hospitality industries, and demand for luxury and premium furniture from certain consumer sections. In addition, increase in government investments in infrastructural development boosts the demand for the furniture products in the residential and commercial sector in the near future.
• The integration of internet of things into furniture products is projected to further escalate the furniture market growth. Moreover, development of automated manufacturing system is anticipated to have a significant impact on the industry during the forecast period. Furthermore, demand for versatile and multi-functional products that offer portability and can easily be accommodated in small spaces is also driving the market growth.
• The global market is segmented based on type, distribution channel, and region. Based on type, it is classified as RTA, residential, and commercial. The distribution channel comprises supermarkets & hypermarkets, specialty stores, e-commerce, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The commercial segment is expected to grow comparatively faster than other types witnessing a CAGR of 4.5%. The growth of the segment is driven by large enterprises, corporates, and even emerging small companies that are investing heavily in furnishing and interiors of office spaces to provide employees with comfortable and productive environments. Thus, vendors are designing office furniture that offers better comfort and minimizes stress. In addition, smart furniture is also gaining popularity.

Based on region:-

North America, particularly owing to large domestic demand coupled with rise in disposable income and change in lifestyle of consumer across the region. Moreover, integration of internet of things into furniture products and development of automated manufacturing system are anticipated to have a significant impact on the furniture industry during the forecast period. In addition, LAMEA is expected to witness a 4.4% CAGR during the forecast period.

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Key findings of the Furniture Market:

Based on type, the residential segment accounted for the highest furniture market share in 2017, growing at a CAGR of 3.5% from 2018 to 2025.
Based on distribution, the specialty stores segment accounted for about 49.3% share of the furniture market share in 2017 and is expected to experience growth at the highest CAGR of 3.4%.
Based on region, North America accounted for about 37.7% of the furniture market size and is expected to grow at a CAGR of 3.4%.
Based on type, the commercial segment accounted for 28.9% market share in 2017, growing at a CAGR of 4.5% from 2018 to 2025.
Based on region, Asia-Pacific market and is expected to grow at the highest CAGR of 5.7%.

List of leading players: There are various players operating in the market. The report provides a competitive analysis of major players along with their market share and contribution to the studied market. Some key players of the global Furniture Market

• BASSETT FURNITURE INDUSTRIES (BASSETT)
• DURHAM FURNITURE
• HAWORTH, INC.
• HNI CORPORATION
• INTER IKEA SYSTEMS BV
• KIMBALL INTERNATIONAL INC.
• L. & J.G. STICKLEY, INC.
• MASCO CORPORATION
• OKAMURA CORPORATION (OKAMURA)
• STEELCASE INC.

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