Recreation Clubs Market Growing At a CAGR of 6.5% From 2022 to 2031, is Projected to Reach $91.4 Billion by 2031

According to a new report published by Allied Market Research, titled, “Recreation Clubs Market by Category (Recreational sports clubs, Non sports recreational clubs), by Age Group (Baby Boomers, Generation X, Millennials, Generation Z), by Travelers Type (Solo, Group): Global Opportunity Analysis and Industry Forecast, 2021-2031. The recreation clubs market size was valued at $48.9 billion in 2021, and is estimated to reach $91.4 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

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The key Recreation Clubs Market Trends that fuel the recreation clubs market include an increase in consumers’ disposable income, the growth of the country club industry, and the trend of golf tourism, owing to the setup of golf courses across the world. However, factors such as busy work schedules leading to a lack of any leisure activity and high membership costs resulting in lower registrations impede the growth of the market.

The recreation sports market is segmented into category, age group, travelers type, and region. basis of category, the market is categorized into recreation sports clubs and non-sports recreation clubs. Non-sports recreation clubs are further segmented into arts & exhibition clubs and yoga recreation clubs. By age group, it is fragmented into baby boomers, generation X, millennials, and generation Z. Based on travelers type, the market is segmented into solo and group. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Russia, Spain, Italy, France, Netherland, Belgium, Germany, the UK, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Chile, UAE, Saudi Arabia, South Africa, Algeria, and rest of LAMEA).

By category, the recreation sports club segment is expected to dominate the recreation clubs market during the forecast period. Owing to rise in trend of group fitness activities is projected to drive the growth of recreation sports club segments during the forecast period. In addition, increase in young population willing to take up outdoor sports as a medium for their fitness is expected to be the major driver for recreation sports club.

Based on age group, millennial segment held the major Recreation Clubs Market Share with a CAGR of 6.1%. Owing to rising awareness about health benefits and to fight with obesity. Moreover, rising government’s initiatives for the provision of fitness equipment and personalized training program and rising disposable income of the consumer which boost the market growth.

Based on travelers type, the group segment is dominating the market share. Owing to factors such as the changes in men’s fitness habits and increasing health consciousness in the elderly population stimulating the demand for recreation club.

Based on region, North America held the major share in the market. Owing to increase campaign about health benefits and obesity was major cause to boost the recreation sports club market in this region, Moreover, the increasing disposal income and changing lifestyle will rise the growth of this market in this region.

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The major players operating in the recreation clubs industry include Bounds Green Bowls and Tennis Club, Braidwood Recreation Club, Bretton Woods Recreation Center, Calne Recreation Club, Carolina Country Club, Disneyland Paris, Jebel Ali Recreation Club, New York Yacht Club, Northwood Club, Stowmarket Meadlands Recreation Club, Tewkesbury Cruising & Sailing Club, The Lenches Sports and Recreation Club, Troydale Recreation Club Ltd, Tuckahoe Swim & Tennis Club, and Tumbleweed Recreation Center.

Key Benefits For Stakeholders:

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the recreation clubs market analysis from 2021 to 2031 to identify the prevailing recreation clubs market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the recreation clubs market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global Recreation Clubs industry.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

Reasons to Buy This Recreation Clubs 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.


Source: https://www.globenewswire.com/news-release/2022/11/01/2545667/0/en/Global-Recreation-Clubs-Market-Is-Expected-to-Reach-91-4Billion-by-2031-Says-AMR.html

Related Reports:

○ Sports Events Market is projected to reach $609.07 billion by 2031
○ Sports Training Market is projected to reach $18.85 billion by 2031
○ Sports Watches Market is projected to reach $54.9 billion by 2031

About Us      

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

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.

Contact:                                       

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Yoga Market is Projected to Register a Healthy CAGR of 9.6% in the Forecast to 2027

According to a new report published by Allied Market Research, titled, “Yoga Market by Type: Global Opportunity Analysis and Industry Forecast, 2021–2027,” the global yoga market size was $37.5 billion in 2019, and is projected reach $66.2 billion by 2027, registering a CAGR of 9.6% from 2021 to 2027 The offline segment dominates in terms of market share; however, the online segment is expected to register the highest CAGR during the forecast period.

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Yoga is a combination of spiritual, physical, and mental discipline originated in India. It is a holistic discipline based on an extremely subtle science, majorly focusing on bringing harmony between body and mind. Yoga is well-known for promotion of health, management, disease prevention, of many lifestyle-related disorders. In addition, practicing yoga improves strength, flexibility, breathing & lung capacity, and posture. It thus aids in managing anxiety, stress, depression, and other chronic diseases.

The yoga industry is witnessing rapid growth, particularly in North America and Asia-Pacific. The yoga practitioners is expected to cross 350 million by the end of this decade. Furthermore, the ongoing COVID-19 outbreak has bolstered the enrollment for yoga classes particularly virtual yoga programs around the world. This is attributed to the fact that yoga aids in immunity enhancement and stress management. As a result, humans from all walks of life and age are practicing yoga.

With focus on yoga and advancements in technologies, stakeholders in the industry are venturing into online or virtual yoga programs. Various online yoga platforms have emerged multifold amidst this pandemic. Moreover, offline players are providing virtual classes to untap colossal opportunity arising due to widespread lockdown and social distancing norms. Considering highly infectious nature of virus and no sign of immediate recovery, the global wellness industry is transforming rapidly with much of the focus on high-quality, easy to understand, and interactive virtual yoga content. Though offline classes were the major revenue contributor to the market, ongoing pandemic has certainly augmented the growth of such online platforms.

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Recent years have seen increased traction toward hybrid form of yoga. For instance, yoga & sports, yoga & surf, yoga cruises, yoga & diving, yoga & detox, and yoga & wine along with the more popular yoga & meditation and yoga & Ayurveda programs are trending among the practitioners. These programs are highly engaging, interactive, and full of fun, which, in turn, has resulted in increase in enrollments for these programs. This yoga market trend is likely to prevail in the upcoming years with the relaxation of lockdown and social distancing norms.

The global yoga market is analyzed depending on expenditure incurred by the yoga practitioners. The yoga market report covers analysis based on type and geographic prospects. On the basis of type, the market is studied across online yoga course, offline yoga course, and yoga accreditation training programs. Region wise, the global yoga market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings Of The Study

  • By region, North America dominates in terms of yoga market share and is expected to retain its dominance during the yoga market forecast period.
  • By type, the offline yoga course segment led in terms of yoga market size, in 2019; however, online yoga course is expected to gain market share in the upcoming years
  • Asia-Pacific is anticipated to grow with robust CAGR of 10.8% during the forecast period.

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Some of the leading players profiled in the yoga market analysis include Alo Moves, Inc., Flyogi LLC., Gaia, Inc., Momo Studio B.V. (Momoyoga), Omstars LLC., One Yoga London, Yoga International, Yogaglo, Inc., Yoga Today LLC, and Yogiapproved LLC.

Reasons to Buy this Yoga 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

Related Reports :

Sports Tourism Market

Fitness and Recreational Sports Centers Market

Athletic Footwear Market

About Us

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

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.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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India (Pune): +91-20-66346060
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help@alliedmarketresearch.com

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Cigarette Paper Market Growing At a CAGR of 3.2% From 2022 to 2031, is Projected to Reach $2.2 Billion by 2031

Allied Market Research published a new report, titled, “Cigarette Paper Market By Application, By Type, By Material: Global Opportunity Analysis and Industry Forecast, 2021-2031″. The cigarette paper market size was valued at $1.6 billion in 2021 and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 3.2% from 2022 to 2031.

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The market for Cigarette Papers is mostly driven by the increasing number of smokers. Over the past few years, there has been an increase in the number of smoking. Moreover, the frequency of smoking is also rising rapidly. This is because of consumers’ hectic and stressful lifestyles. The rising standard of living and adoption of smoking as a fashion have diversified the scope of cigarette paper manufacturers. Consumer disposable incomes have been rising in several developing regions, such as the Asia Pacific, creating many development prospects for cigarette producers to raise their product prices and transfer smokers to premium cigarettes.

Instead of using cigarettes, nicotine replacement therapy is a procedure that has been recommended by doctors. It helps people stop smoking cigarettes or chewing tobacco. By drastically reducing cravings, nicotine replacement therapy can end the mental dependence on tobacco-based goods. Growing public awareness about the high rate of success of nicotine replacement therapy, including patches, lozenges, gum, and other items, is limiting the cigarette paper market growth.

On the basis of product type, the market is bifurcated into tipping paper, rolling paper, and plug wrap paper. The rolling paper segment accounted for a major share of the cigarette paper market in 2021 and is expected to grow at a significant CAGR during the forecast period. Rolling papers are accessible in a few structures, which incorporate straightforward, shaded, and enhanced assortments.

By material, the cigarette paper market is segmented into flex fibers, hemp, rice straw, sisal, and esparto. The hemp segment is accounted for a major cigarette paper market share in 2021 and it is expected to grow at a significant CAGR during the cigarette paper market forecast period. Paper delivered from hemp fiber requires fewer synthetic substances for handling when contrasted with paper created from wood pulps. In this manner, the rising mindfulness levels about the item benefits are projected to help the market development.

As per application, the global cigarette paper market is segmented into hand-made cigarette paper and machine-made cigarette paper. The machine-made cigarette paper segment accounted for a major share of the market in 2021 and it is expected to grow at a significant CAGR during the forecast period. Machine-Made Cigarette Papers have fewer risks than handmade and packed rolling papers. Cases of unhygienic handling or contamination are totally eliminated in a fully automatic process and consumers are able to get a more quality paper at the best possible price.

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The major players analyzed for global Cigarette Paper industry are Schweitzer-Mauduit International, Inc., Delfortgroup AG, Nippon paper papylia co. ltd., Miquel y Costas & Miquel, S.A., The Rolling Paper Company, Republic Technologies, Glatz Feinpapiere, Bukit Muria Jaya (BMJ) Hengfeng paper, and Moondust paper pvt. Ltd.


Key Benefits For Stakeholders:

○ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cigarette paper market size from 2021 to 2031 to identify the prevailing cigarette paper market opportunity.
○ The market research is offered along with information related to key drivers, restraints, and opportunities.
○ Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
○ In-depth analysis of the cigarette paper market segmentation assists to determine the prevailing market opportunities.
○ Major countries in each region are mapped according to their revenue contribution to the global market.
○ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

Reasons to Buy This Cigarette Paper 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.

Related Reports:

○ Electronic Cigarette Market is projected to reach $94,316.6 million by 2031
○ Menthol Cigarette Market to Witness a Pronounce Growth During 2022-2031
○ Electric Pocket Lighter Market by Manufacturer, Region, Type and Application Forecast to 2027

About Us      

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

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.

Contact:                                       

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com                                                                      
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Sports Training Market Growing At a CAGR of 5.7% From 2022 to 2031, is Projected to Reach $18.85 Billion by 2031

According to a new report published by Allied Market Research, titled, “Glamping Market” The glamping market was valued at $2.68 billion in 2021, and is estimated to reach $7.11 billion by 2031, growing at a CAGR of 10.5% from 2022 to 2031. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter’s Five Forces, and competitive scenario. The glamping market size was valued at $2,679.7 million in 2020, and is projected to reach $7,113.0 million by 2031, registering a CAGR of 10.5% from 2022 to 2031.

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Glamping is available in various accommodations such as, camping pods and cabins, yurts, tents, treehouses, boats and floating homes, and airstream caravan, all these accommodations are different and provide travelers with a unique and luxurious camping experience. The hectic lifestyle surges the demand for glamping, a surge in the number of concerts and large-scale music festivals organized every other week in various regions of the world is anticipated to be one of the most influential aspects driving the market. Moreover, vacationers today seek for outdoor activities that are elegant, close to nature, and memorable

The global glamping market is segmented into accommodation, application, age group, size, end user, distribution channel, and region. On the basis of accommodation, the market is classified into camping pods and cabins, yurts, tents, treehouses, and others. Among these, the camping pods and cabins segment occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. The growth of the camping pods and cabins segment is attributed to its advance features like safety, the availability of amnesties, and lockable doors and windows.

By application, the market is segregated into family travel, and enterprise travel. The family traveler segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of outing with family. Moreover, rise in urbanization and nuclear family is expected to further drive the Glamping Market Trends.

By size, the market is segregated into 2-Person, 4-Person, Others. The 4- person segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of group travels in the glamping market. The other size is estimated to perform good in the forecast period.

Depending on age group, the market is bifurcated into 18-32 years, 33-50 years, 51-65 years, above 65 years. Among these, the age group of 18-32 occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. This is attributed to increase in preference for adventure and traveling in this age group as compared to others. Depending on the end consumer the segment is bifurcated into consumers, and events. The consumer is the major shareholder in end user segment owing to preference of travelers seek for outdoor activities that are elegant, close to nature.

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Region wise, North America dominated the market with largest share during the Glamping Market Forecast period. Glamping market and their different accommodations are the mostly enjoyed in North America, especially in U.S. and Canada. The growing preference for comfortable and luxurious traveling as well as increase in Glamping Market Demand for nature adventures are driving the growth of the glamping market in North America. In 2021, North America accounted for 42.3% in the global Glamping Market Share, and is expected to maintain its dominance during the forecast period.

The major players analyzed for global glamping industry are Hilleberg Ab., Johnson Outdoors Inc., The North Face Inc., AMG GROUP, Newell Brands Inc., Oase Outdoors, The Coleman Company, Simex Outdoor International, Kampa, Exxel Outdoors, Bushtec Safari (South Africa), Sawday’s Canopy & Stars Ltd. (UK), Huttopia (France), Wigwam Holidays Ltd (UK), Arena Campsites (Europe).

Key Benefits For Stakeholders: 

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the glamping market analysis from 2021 to 2031 to identify the prevailing glamping market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• Major countries in each region are mapped according to their revenue contribution to the global Glamping Market Growth.

Reasons to Buy This Glamping 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

Related Reports:

○ Camping Tent Market is projected to reach $7.9 billion by 2031
○ Tarpaulin Market by Manufacturer, Region, Type and Application Forecast to 2020-2027
○ Wellness Tourism Market is projected to reach $1,592.6 billion by 2030
○ Ecotourism Market size is expected to reach $333.8 billion by 2027

About Us      

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

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.

Contact:                                       

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com                                                                      
Allied Market Research Blog: https://blog.alliedmarketresearch.com
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Online Entertainment Market Booming at a CAGR of 20.82% to Estimated $ 652.5 Billion Growth by 2027

According to a new report published by Allied Market Research, titled, “Online Entertainment Market by Form, Revenue Model, and Device Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global online entertainment market size is expected to reach $ 652.5 billion by 2027 at a CAGR of 20.82% from 2021 to 2027. 

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Online entertainment refers to entertainment over the internet through smart devices such as smartphones, smart TVs, laptops, and tablets. Proliferation in adoption of smartphones and affordability of internet have led to increase in online traffic, which is anticipated to fuel the demand for online entertainment content in the form of videos, audios, games, web radio, and e-books.

Rise in disposable income and increase in expenditure on entertainment boost the growth of the global online entertainment market. Furthermore, technological advancements in smart devices such as increase in size of smartphones, introduction of smart TVs attract a large base of customers, thereby propelling the growth of the product market, globally. Wide touchscreen, HD displays, and strong internet connectivity have enhanced the visual experience, which has notably contributed toward the growth of the global market.

Increase in alternative means of entertainment for traditional TVs and their growing popularity are expected to offer remunerative opportunities for the growth of the product market. Furthermore, multi-device delivery and surge in demand for digital advertisements are providing supportive ground for the growth of the global market. However, rise in cyber threats, cloud unpreparedness, and poor connectivity in rural areas hinder the growth of the product market.

According to current online entertainment market trends, the online entertainment market segments described into form, revenue model, device, and region. By form, it is categorized into video, audio, games, internet radio, others. Depending on revenue model, it is fragmented into subscription, advertisement, sponsorship, and others. On the basis of device, it is differentiated into smartphones, smart TVs, projectors & monitors, laptop, desktops & tablets, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).     

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On the basis of revenue model, the subscription segment was valued at $46.5 billion in 2019, and is expected to reach $226.1 billion by 2027, registering a CAGR of 25.5% from 2021 to 2027. In recent years, subscription-based revenue model has been majorly used for the online business. This attributed to associated advantages such as subscription-based pricing attracts more customers, provides higher customer retention, eases distribution, offers large scope for marketing, maintains business consistency, and smoothens cash flow management.

On the basis of devices, the smartphone segment is estimated to reach $294.3 billion by 2027, at a CAGR of 21.0%. In recent years, smartphones have witnessed increase in adoption, owing to their portability and increase in utility. Large screen smartphones can be used to enhance the experience of seeing videos, streaming music, surfing internet, and playing HD video games. Moreover, advancements in the smartphones and affordable internet charges have been continuously surging the sales of the smartphones, which, in turn, bolsters the online entertainment market growth. Furthermore, the emerging economies such as India and China have witnessed huge demand for smartphones, which is anticipated to offer potential growth opportunities for online entertainment content producers and distributors. For instance, according to the India Brand Equity Foundation, India’s smartphone sales is expected to reach 231.5 million in 2021 from 102.4 million in 2016. Chinese sales is estimated to grow marginally from 440.3 million in 2016 to 460.4 million in 2021. Thus growing utility of smartphones and internet user base are online entertainment market opportunities in front of the entrants.

Region wise, North America dominated the online entertainment market in 2019, and is projected to sustain its dominance during the forecast period. This majorly attributed to quick adoptions for technological changes, availability of high band width connection, and high digital literacy rate. Moreover, over-the-top media services have gained notable popularity in the North America region, owing to the benefits associated with them such as they offer original & unique content, they are convenient to use, , and they are compatible with smartphones. Technological advancements in the smart devices such as incorporation of smart displays and smart speakers further augment the growth of the product market in the region. U.S. dominates the online entertainment market in North America, owing to the advancements in different aspects such as graphics and experience. Moreover, the advent of cross-platform gaming has turned out to be highly beneficial for online gaming market players. Thus, increase in popularity of the OTT media services and online gaming is expected to boost the online entertainment market demand in the U.S.

The players operating in the online entertainment market 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 online entertainment market report include Amazon Web Services (AWS), Netflix, Inc., Google LLC, Facebook, Tencent Holdings Ltd, Sony Corp, King Digital Entertainment Ltd, Spotify Technology S.A., Rakuten, Inc., and CBS Corporation.

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Key findings of the study 

  • The online entertainment market size was valued at $183.1 billion in 2019, and is estimated to reach $652.5 billion by 2027, growing at a CAGR of 20.8% during the forecast period. 
  • By form, the game segment is estimated to witness the fastest growth, registering a CAGR of 23.5% during the forecast period.     
  • In 2019, depending on revenue model, the advertisement segment was valued at $98.0 billion, accounting for 53.5% of the global online entertainment market share. 
  • In 2019, the U.S. was the most prominent market in North America, and is projected to reach $93.9 billion by 2027, growing at a CAGR of 14.90% during the forecast period.

Reasons to Buy this Online Entertainment 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

About Us

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

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.

Contact:

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Glamping Market Growing At a CAGR of 10.5%, is Projected to Reach $7.11 Billion by 2022 to 2031

According to a new report published by Allied Market Research, titled, “Glamping Market” The glamping market was valued at $2.68 billion in 2021, and is estimated to reach $7.11 billion by 2031, growing at a CAGR of 10.5% from 2022 to 2031. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter’s Five Forces, and competitive scenario. The glamping market size was valued at $2,679.7 million in 2020, and is projected to reach $7,113.0 million by 2031, registering a CAGR of 10.5% from 2022 to 2031.

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Glamping is available in various accommodations such as, camping pods and cabins, yurts, tents, treehouses, boats and floating homes, and airstream caravan, all these accommodations are different and provide travelers with a unique and luxurious camping experience. The hectic lifestyle surges the demand for glamping, a surge in the number of concerts and large-scale music festivals organized every other week in various regions of the world is anticipated to be one of the most influential aspects driving the market. Moreover, vacationers today seek for outdoor activities that are elegant, close to nature, and memorable

The global glamping market is segmented into accommodation, application, age group, size, end user, distribution channel, and region. On the basis of accommodation, the market is classified into camping pods and cabins, yurts, tents, treehouses, and others. Among these, the camping pods and cabins segment occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. The growth of the camping pods and cabins segment is attributed to its advance features like safety, the availability of amnesties, and lockable doors and windows.

By application, the market is segregated into family travel, and enterprise travel. The family traveler segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of outing with family. Moreover, rise in urbanization and nuclear family is expected to further drive the Glamping Market Trends.

By size, the market is segregated into 2-Person, 4-Person, Others. The 4- person segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of group travels in the glamping market. The other size is estimated to perform good in the forecast period.

Depending on age group, the market is bifurcated into 18-32 years, 33-50 years, 51-65 years, above 65 years. Among these, the age group of 18-32 occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. This is attributed to increase in preference for adventure and traveling in this age group as compared to others. Depending on the end consumer the segment is bifurcated into consumers, and events. The consumer is the major shareholder in end user segment owing to preference of travelers seek for outdoor activities that are elegant, close to nature.

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Region wise, North America dominated the market with largest share during the Glamping Market Forecast period. Glamping market and their different accommodations are the mostly enjoyed in North America, especially in U.S. and Canada. The growing preference for comfortable and luxurious traveling as well as increase in Glamping Market Demand for nature adventures are driving the growth of the glamping market in North America. In 2021, North America accounted for 42.3% in the global Glamping Market Share, and is expected to maintain its dominance during the forecast period.

The major players analyzed for global glamping industry are Hilleberg Ab., Johnson Outdoors Inc., The North Face Inc., AMG GROUP, Newell Brands Inc., Oase Outdoors, The Coleman Company, Simex Outdoor International, Kampa, Exxel Outdoors, Bushtec Safari (South Africa), Sawday’s Canopy & Stars Ltd. (UK), Huttopia (France), Wigwam Holidays Ltd (UK), Arena Campsites (Europe).

Key Benefits For Stakeholders: 

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the glamping market analysis from 2021 to 2031 to identify the prevailing glamping market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• Major countries in each region are mapped according to their revenue contribution to the global Glamping Market Growth.

Reasons to Buy This Glamping 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

Related Reports:

○ Camping Tent Market is projected to reach $7.9 billion by 2031
○ Tarpaulin Market by Manufacturer, Region, Type and Application Forecast to 2020-2027
○ Wellness Tourism Market is projected to reach $1,592.6 billion by 2030
○ Ecotourism Market size is expected to reach $333.8 billion by 2027

About Us      

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

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.

Contact:                                       

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com                                                                      
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Beach Hotels Market is expected to expand at a CAGR of 4.6% on the basis of Revenue in between 2022 to 2031

U.S. generated the highest revenue, accounting for approximately 22% share of the global market.

According to a new report published by Allied Market Research, titled, “Beach Hotels Market by Type, Service Type, and Occupants: Global Opportunity Analysis and Industry Forecast, 2022–2031” the global beach hotels market size was valued at $121,202.6 million in 2021, and is projected to reach $215,404.3 million by 2031, registering a CAGR of 4.6% from 2022 to 2031. In 2020, the standard segment accounted for approximately 50% of the global market in terms of value.

Beach hotels are hotels that are positioned on or near the seashore or are sea-facing. The substantial boom in the travel and tourism sector, inclination of travelers toward peaceful areas, rise in purchasing power of people, and different discounts offered on online booking have fostered the beach hotels market opportunities for growth.

Leisure tourism, commercial tourism, medical tourism, and other types of tourism are all included in travel and tourism. Changes in lifestyle, increase in tourism marketing, increase in accessibility of transportation facilities, and other factors that encourage the expansion of the travel and tourism business are expected to drive the growth of the the beach hotels industry. Continuous expansion in the travel and tourism sector and integration of diverse areas such as hospitality and infrastructure with government efforts, accelerate the global travel and tourism industry growth, which in turn supplements the beach hotels market growth.

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As e-literacy grows, so does the adoption of mobile phones, laptops, and other networking devices. Customers are gradually moving away from conventional bookings and toward online reservations. The goal of online travel service providers is to make trip planning and booking easier for passengers. The internet travel business is being pushed by quick and easy flight and hotel bookings, risen customer trust on online payment, and the opportunity to compare numerous available travel alternatives.

Increase in internet penetration in rural regions and tier 2 and tier 3 cities has made beach hotel booking easier for consumers, who can book their stay with a single click. Furthermore, it has resulted in enhanced simplicity in booking transportation and lodging services, allowing clients to book with ease.

As one of the most popular mediums of travel reservations, particularly among young travelers, market participants are widely offering travel services through mobile websites and apps, providing a profitable potential for the beach hotels market to grow its marketing mix on the online platform.

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By Region, Asia-Pacific and North America collectively contributed approximately half share of the global market in 2021.The developing countries such as Indonesia, India, and Mexico display a huge growth potential for this market on account of high disposable income and decent number of millennial population shifting toward beach tourism and opting for beachfront hotels in these countries.

The beach hotels market segments are on the basis of type, service type, occupants, and region. On the basis of type, the market is segmented into budget, standard, and premium. By service type, the market is segmented into accommodation, food & beverage, and others. On the basis of occupants, the market is segmented into solo and group. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, Sweden, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Key Findings Of The Study :-

On the basis of beach hotels market for region, Europe accounted for the largest revenue share of the global market, registering a significant CAGR from 2022 to 2031, followed by Asia-Pacific.
On the basis of beach hotels market trends in 2021, the group occupants segment accounted for approximately 75% share, in terms of value, and is expected to grow at the highest CAGR of 4.4%.
North America is anticipated to grow at the highest CAGR of 4.9% from 2022 to 2031 in the beach hotels market forecast period.
In 2021, the U.S. generated the highest revenue, accounting for approximately 22% share of the global market.
Latin America is anticipated to grow at a significant CAGR of 3.7% during the forecast period.

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According to the global beach hotels market analysis, the market players have adopted various developmental strategies to expand their beach hotels market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Accor S.A, Four Seasons Hotels Ltd., Hilton Worldwide Holdings Inc., Hyatt Hotels Corporation, ITC Ltd., Marriott International, Inc., Omni Hotels & Resorts, Radisson Hospitality, Inc., Rancho La Puerta Inc., and The Indian Hotels Company Limited.

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Similar Report :-
Adventure Tourism Market https://www.alliedmarketresearch.com/adventure-tourism-market
Online Travel Market https://www.alliedmarketresearch.com/online-travel-market

Household vacuum cleaners market was valued at $15,313.3 million in 2020 and is estimated to reach $29,133.8 million by 2031, registering a CAGR of 6.1% from 2022 to 2031

According to a new report published by Allied Market Research, titled, “Household vacuum cleaners Market by Product, and Sales Type: Global Opportunity Analysis and Industry Forecast, 2021-2031,”The global household vacuum cleaners market was valued at $15,313.3 million in 2020 and is estimated to reach $29,133.8 million by 2031, registering a CAGR of 6.1% from 2022 to 2031.

Vacuum cleaner, a household appliance that uses suction to collect dust and small particles, is used for cleaning house floors and other surfaces. Today, the household vacuum cleaners gain a steady demand among customers due to concerns such as hygiene and improved living standards. Growing respiratory diseases due to dust and small particles fuel the sale of vacuum cleaners across the developed nations. Increase in population of tech-savvy consumers globally, especially in the Asia-Pacific region, has accounted for the increase in demand in the recent past. The countries in the Middle East and African region are expected to also witness increase in demand among middle to high income class households, seeking to adopt convenient and sophisticated solutions.

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The household expenditure on consumer electronics products has increased in the recent past due to prosperous economic growth. The growing trend for dual income families and limited time for household chores are anticipated to fuel the market growth. However, the increase in energy bills due to household appliances such as vacuum cleaners has limited the adoption of household vacuum cleaners among middle class consumers. The industry players focus on R&D to reduce the operation time and energy consumption. The COVID-19 outbreak has positively impacted the overall growth of the household vacuum cleaners market. During the lockdown period, people were actively involved in replacing the old household appliances with new and advanced appliances. According to the household vacuum cleaners market analysis, the household vacuum cleaners market is segmented into product, type, sales type, and region. On the basis of product, the market is categorized into upright, canister, central, drum, wet/dry, robotic and others. On the basis of type, it is bifurcated into corded and cordless. On the basis of sales channel, it is segregated into online and offline. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Netherlands, Spain, Russia and Rest of Europe), Asia-Pacific (China, Australia, Japan, South Korea, India and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia and Rest of LAMEA).

According to the household vacuum cleaners market trends, on the basis of product, the robotic segment was valued at $2,596.8 million in 2020 and is projected to reach $6,418.1 million by 2031, growing at a CAGR of 8.6% from 2022 to 2031. Robotic vacuum cleaners are projected to grow at a significant CAGR of 11.6% during the forecast period, due to their automation capabilities and innovative features. Moreover, the ongoing technological advancement is expected to reduce their prices during the forecast period, which is expected to increase demand further.

According to type, the corded segment was valued at $4,615.1 million in 2020 and is expected to grow at $9,586.3 million by 2031, registering a CAGR of 6.9% during the forecast period. The corded segment accounted for the significant share in the global household vacuum cleaners market in 2020 and is expected to increase its share during the forecast period. This was attributed to its higher suction power and longer run time after it is plugged into the mains unit. Thereby, corded vacuum cleaners have a higher capacity of collecting dust as compared to the cordless vacuum cleaners. Corded household vacuum cleaners need bigger storage space in homes and are more expensive than cordless, thus gaining significant household vacuum cleaners market share.

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According to the household vacuum cleaners market opportunities, by region, North America has been gaining considerable share in household vacuum cleaners and is expected to sustain its share throughout household vacuum cleaners market forecast period. Technological advancement and high adoption rate for new technology are major attributes that drive the North America household vacuum cleaners market growth. The technological advancement in vacuum cleaners have made operation more user friendly. Since its invention, market players have invested significantly to reduce noise, increase battery backup, and reduce size. Robotic vacuum cleaner is the major advancement in the market, which is gaining widespread adoption among the consumers due to the convenience offered by them.

The players operating in the household vacuum cleaners industry have adopted product launch and business expansion as their key developmental strategies to expand market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Bissell, Inc., Dyson Ltd., Electrolux AB, Haier, Electronics Group Co., Ltd., iRobot Corporation, Koninklijke Philips N.V., LG Electronics, Inc., Miele & Cie. KG, Panasonic Corporation, and Samsung Electronics Co., Ltd.

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Key Findings Of Study :-

The household vacuum cleaners market size was valued at $15,313.3 million in 2020, and is estimated to reach $29,133.8 million by 2031, registering a CAGR of 6.1% from 2022 to 2031.
In 2020, depending on product, the central segment accounted for $1,110.0 million, garnering 7.2% of the global market share.
On the basis of type, the cordless segment acquired $10,698.20 million, exhibiting 69.9% of the global market share.
In 2020, by sales type, the offline segment was valued at $10,735.3 million, accounting for 70.1% of the market share.
China was the most prominent market in Asia-Pacific in 2020, and is projected to reach $3,089.3 million by 2031, growing at a at a CAGR of 6.7% during the forecast period.

Similar Report :-
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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.

David Correa
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#205, Portland, OR 97220
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Homewares Market to Reach $2.02 Trillion, Globally, by 2030 at 5.2% CAGR: Allied Market Research

Surge in number of residential homes, increase in disposable income, and rise in adoption of smart and advanced home appliances drive the growth of the global homewares market.

Allied Market Research published a report, titled, “Homewares Market by Type (Home Decoration, Furniture, Kitchenware, Home Appliances, Soft Furnishings, Lighting, Bathroom Accessories and Others), and Distribution Channel (Homewares Stores, Franchised Stores, Departmental Stores, Online Stores and Specialty Stores): Global Opportunity Analysis and Industry Forecast 2021–2028.” According to the report, the global homewares industry was estimated at $1.39 trillion in 2020, and is anticipated to hit $2.02 trillion by 2030, registering a CAGR of 5.2 from 2021 to 2028.

Drivers, restraints, and opportunities-

Surge in number of residential homes, increase in disposable income, and rise in adoption of smart and advanced home appliances drive the growth of the global homewares market. On the other hand, high product costs restrain the growth to some extent. Nevertheless, growing technological advancements and upsurge in online sales are expected to create lucrative opportunities in the industry.

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COVID-19 scenario-

  • The distorted distribution channel and adversely impacted import & export activities impacted the global homewares market negatively, especially during the initial phase of the pandemic.
  • However, the global situation is now getting better and the market is anticipated to recoup soon.

The home appliances segment to retain the lion’s share-

On the basis of type, the home appliances segment held the major share in 2020, garnering more than one-third of the global homewares market. Technological advancements in home appliances propel the segment growth. The bathroom accessories segment, however, is projected to cite the fastest CAGR of 8.8% throughout the forecast periodWith the increasing expansion of real estate, the bathroom accessories industry has received a major boost, thereby driving the segment growth.

The homeware stores segment to dominate by 2028-

On the basis of distribution channel, the homeware stores segment contributed to the lion’s share in 2020, holding more than one-fourth of the global homewares market. Homeware stores are the stores where people can easily and conveniently find homeware products such as lighting, furniture, home appliances, kitchenware products and bathroom accessories. This factor propels the growth of the segment. The online stores segment, on the other hand, is projected to manifest the fastest CAGR of 7.3% from 2021 to 2028. Change in shopping behavior of millennial and increase in adoption of mobile devices for internet access are expected to drive the growth of the segment.

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Asia-Pacific, followed by North America, held the major share in 2020-

By region, the market across Asia-Pacific, followed by North America, dominated in 2020, garnering more than one-fourth of the global homewares market. Changing lifestyles of people in the Asia-Pacific region have influenced the buying trends of consumers, thereby boosting the market growth.  The LAMEA region is expected to cite the fastest CAGR of 6.9% throughout the forecast period. Increase in urbanization and improvement in lifestyles are the key factors that boost the market growth.

Key Players in the industry-

  • Conair Corporation
  • Ikea Systems
  • Tupperware
  • International Cookware SAS
  • Pacific Market International
  • SEB SA
  • Arc International SA
  • Tempur Sealy International, Inc.
  • Lock & Lock Co., Ltd.
  • The Oneida Group

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Check out more related studies published by AMR Research:

https://www.globenewswire.com/en/news-release/2022/08/30/2506711/0/en/Global-DIY-Home-D%C3%A9cor-Market-Is-Expected-to-Generate-372-06-Billion-by-2031-Allied-Market-Research.html

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.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
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Toothpaste Market to reach 24.5 Billion by 2027 | Amway Corporation, Arms & Hammer, Colgate Palmolive

 According to a new report published by Allied Market Research, titled, “Global Toothpaste Market by Product Type, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global toothpaste market size was valued at $18.5 billion in 2019, and is expected to reach $24.5 billion by 2027 at a CAGR of 3.7%. Adult segment leads in terms of market share and will continue to retain its dominance throughout the forecast period.

Toothpaste is manufactured by using multiple ingredients, such as fluoride, sodium lauryl sulfate, glycerol, sorbitol, calcium carbonate, along with sweeteners and flavors, which are the key ingredients in maintaining oral hygiene. Furthermore, there exists a variety of toothpaste, including anti-cavity, anti-gingivitis, desensitizing, tartar control, whitening, and natural or herbal toothpaste.

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The demand for toothpaste has gained traction, owing to widespread promotion and advertisements regarding the importance of using toothpaste and the disadvantages of not maintaining oral hygiene. As the number of dental issues related to cavity and tooth decay is rising among children, the demand for toothpaste is also rising. Additionally, according to WHO, in March 2020, 350 million children across the globe were suffering from dental caries. High prevalence of dental diseases amongst children is expected to propel the demand for toothcare products, including toothpaste, mouth wash, and dental floss.

Recent years have seen changing consumer behavior with higher adoption of natural and herbal products. One of the major reasons behind the consumer shifting and demanding natural tooth care products is the excess usage of harmful ingredients and chemicals in conventional toothpaste. Some of the harmful additives includes fluoride, Triclosan, Sodium Lauryl Sulphate, Propylene Glycol, Artificial Sweeteners, Diethanolamine, and Parabens. With changing consumer behavior demand for herbal toothpaste is likely to intensify in the coming years.

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The rapid spread of the coronavirus has disrupted the supply chain of the toothpaste market, owing to which the companies faced a minor downfall in the initial phase of the COVID-19 pandemic, but soon they managed to maintain the availability of their products in different supply channels of the market. The global toothpaste market is segmented into product type, end user, distribution channel, and region. Based on product type, the market is categorized into conventional, herbal, and whitening & sensitive. Based on end user, the market is bifurcated into kids and adults. Based on distribution channel, it is fragmented into supermarket/hypermarket, independent retail stores, pharmacies, and online stores. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, Japan, ASEAN, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, the UAE, South Africa, and Rest of LAMEA).

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Key findings of the study :-

By product type, conventional segment led in terms of the market share in 2019. However, the herbal segment is the fastest-growing segment during the toothpaste market forecast period. By end user, the adult segment accounts for about four-fifths of the toothpaste market share. However, the kids segment is expected to gain traction during the forecast period. The Asia-Pacific region dominates the global toothpaste market and is expected to grow with the highest CAGR during the forecast period. By distribution channel, the supermarket/hypermarket segment is holding more than half of the market share. However, the online segment is anticipated to gain traction during the forecast period.

The key players operating in the toothpaste industry have adopted product launch, business expansion, and merger & acquisition as its key strategies to expand their market share, increase profitability, and remain competitive in the market. Leading players analyzed in the toothpaste market analysis includes Amway Corporation, Arms & Hammer, Colgate Palmolive, Dabur International Ltd, GlaxoSmithKline PLC (GSK), Henkel AG, Johnson & Johnson Services, Procter & Gamble, Patanjali Ayurved Ltd, and Unilever Group.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 :- https://www.alliedmarketresearch.com/request-for-customization/11643

Check out more related studies published by AMR Research:

https://www.prnewswire.com/news-releases/homewares-market-to-reach-2-02-trillion-globally-by-2030-at-5-2-cagr-allied-market-research-301419491.html

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