A Market Place Research

According to a new report published by Allied Market Research, titled, “Global Household Induction CooktopsMarket by Type, Mode of Sale,and Geography: Global Opportunity Analysis and Industry Forecasts, 2014–2022,“ the household induction cooktops market size was valued at $9,160 million in 2015 and is projected to reach $13,538 million by 2022, growing at a CAGR of 5.8% from 2016 to 2022. Europe is expected to be the leading contributor to the global household induction cooktops market followed by Asia-Pacific and LAMEA.

Summary of the Household Induction Cooktops Market can be accessedat: https://www.alliedmarketresearch.com/household-induction-cooktops-market

Growth in acceptance of innovative cooking technologies, smart kitchen appliances and energy efficient solutions primarily drive the market. In addition, the health and safety benefits provided by the adoption of induction cooktops further supplements the market growth. Factors such as rise in disposable income of consumers and increase in price of fuels used for conventional cooking such as gas and electricity encourages the adoption of energy efficient cooking solutions, thus propelling the household induction cooktops industry growth. However, need for specialized cookware is likely to hamper the market growth as the cost incurred in investing in induction supported cookware is high for the first time purchasers. Growth in popularity of modular kitchens and preference for optimized cooking solutions layout, rise in number of working women, and increase in government emphasis on energy efficient cooking appliances are expected to provide numerous growth opportunities for the global household induction cooktops market.

In 2015, built-in induction cooktops segment accounted for the maximum revenue shares in the overall household induction cooktops industry. This is due to the rise in trend of integration of kitchen appliances. As a result, many vendors have started offering built-in induction cooktops along with built-in ovens. In addition, the demand for built-in induction cooktops from European and Asia-Pacific countries is expected to have a positive impact on the household induction cooktops market growth as these regions have large kitchen spaces. Moreover, the free-standing & portable induction cooktops segment is expected to witness the fastest growth at CAGR of 6.4% during the forecast period. The market is expected to grow, owing to the technological advancements such as, manual menu control option & resistance to voltage fluctuation, availability in single or double zones, portability of the cooktop, and others.

The retail sales channel dominated the global household induction cooktops market with 87% share in 2015 and is projected to maintain its dominance throughout the forecast period. In addition, customer can have better interaction with the salesperson and can physically see the product specifications and features. However, online sales channel is anticipated to grow at a highest CAGR of 7.6% during the forecast period (2016-2022). The growth of online sales channel would be driven by convenience, and services such as free delivery and installation of the induction cooktops.

According to Deepankar Bose, Manager, Consumer Goods at Allied Market Research, “The household induction cooktops market in the Asia-Pacific region is expected to grow at the fastest rate during the forecast period, owing to growth in urbanization, improving living standards of the consumers, and introduction of energy-efficient induction cooktops that could help minimize utility bills. Furthermore, continuous economic development in countries such as India, China, and Australia are expected to provide numerous growth opportunities to the market.”

Europe accounted for the major share of the global household induction cooktops market in 2015, and is expected to maintain its dominance during the forecast period, owing to demand for easy to maintain household electric cooking appliances, such as induction cooktops and enhanced consumer awareness. Asia-Pacific is estimated to grow at the highest rate due to increase in the adoption of energy-efficient electrical cooking appliances, booming demand for modular kitchen designs, and extensive economic growth in China, Japan, Singapore, and India.

Key findings of the study:

• In 2015, built-in induction cooktops accounted for the maximum revenue, and is projected to grow at a notable CAGR of 5.4% during the forecast period.
• France possessed the largest customer base in Europe household induction cooktops market in 2015, and is anticipated to dominate the market throughout the forecast period.
• Online mode of sale segment is expected to grow at a highest CAGR of 7.6% during the forecast period.
• Japan is the major shareholder in the Asia-Pacific household induction cooktop market, accounting for more than 25% share in 2015.

The key players profiled in the household induction cooktops market include LG Electronics, Inc., Whirlpool Corporation, Panasonic Corporation, Koninklijke Philips N.V., TTK Prestige Ltd, Sub-Zero Group, Inc., Electrolux Group, Robert Bosch GmbH, Miele Group, and SMEG S.p.A. Market players have adopted various strategies such as product launch, acquisition, collaboration, and partnership to expand their foothold in the market. For instance, in November 2016, SMEG S.p.A. introduced a sleek range of cooktops equipped with advanced features and technology that serve best for the consumers living in houses with compact kitchens featuring premium benchtop space.

Summary of Similar Reports can be accessed at: https://www.alliedmarketresearch.com/consumer-goods/consumer-electronics-market-report

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.

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. The 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.

 Table top games are specifically played on a table or a plane surface. Some table top games are played alone. There are table top games, which require only two players and others are group-oriented. On the basis of type, the table top games are segmented as miniature wargames, role-playing games (RPGs), and board games. Miniature wargame is a game in which there are physical models to resemble military forces. It gives players an ultimate experience as if real war is taking place. Role-playing is the game in which a player enacts the role of fictitious characters. Board games are specifically played on a board according to some rules and regulations. Common board games like chess, snakes & ladders, snooker, checkers, carom, ludo, scrabble, and backgammon have gained wide popularity among the children as well as the adults across the globe.

On the basis of application, the table top games are segmented as children, adults, family, and party. These games are widely played during social gatherings and parties to spend a quality time with the friends or family and to reduce the boredom. The growth momentum of the market is expected to increase at a considerable rate during the forecast period.

Download Report Sample (PDF with Insights, Charts, Tables, Figures) at :  https://www.alliedmarketresearch.com/request-sample/14818

Covid-19 Scenario Analysis

The pandemic has deeply impacted the table top games market.
The closure of industries due to lockdown has affected the production scale of the fixtures such as tables and boards.
Being a labour intended industry, the lay-off of workers has led to inconsistent growth of the market.
The lockdown has given opportunity to the big as well as small struggling companies to focus in their supply chain relations.
The cancellation of international sports events of indoor games like billiards and chess has also adversely affected the market scenario.
The companies are focusing on the diversification of their E-commerce channels to recover the sales.

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

The main reason that drives the growth of table top games market is the large number of people who are inclined toward indoor games. The table top games are widely used for home entertainment as a part of family get together and to spend the leisure time. Along with this, the concept of social gaming is yet another reason for the growth of the market. Due to changes in the living standards of the people and increase in disposable income, there is a gaming corner and entertainment zone in every upper society, in which table top games, board games, and miniature wargames are gaining a wide traction. Moreover, the high society games such as snooker and billiards are considered as a symbol of status upliftment.

Growth in demand for old school games and need of developing sportsmanship is anticipated to stimulate the demand of such type of games. Also, the games like puzzles and scrabbles boost the vocabulary and brain of the children.

Request for Customization of This Report at: https://www.alliedmarketresearch.com/request-for-customization/14818

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. AMR 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.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Allied Market Research published a report, titled, “Fogless Mirrors Market by Type (Portable and Stationary), End Use (Residential and Commercial) and Sales Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2019-2026.”According to the report, the global fogless mirrors market generated $494.1 million in 2018, and is projected to generate $787.1 million by 2026, growing at a CAGR of 6.1% from 2019 to 2026.

Prime determinants of growth

Expansion of urban dwellings in emerging nations and the prevalence of concept bathrooms drive the growth of the global fogless mirrors market. However, the presence of counterfeit products hinders the market growth. On the other hand, technological innovations and the adoption of the omnichannel approach present new opportunities in the next few years.

Request Sample Report at : https://www.alliedmarketresearch.com/request-sample/6396

Covid-19 Scenario

• The lockdown restrictions in many countries enforced manufacturing facilities to close down their operations. Moreover, the supply of raw materials has been disrupted due to the ban of import-export and interrupted the local supply chain.
• Online platforms have stopped the delivery of goods due to disrupted distribution networks. Moreover, physical stores have been closed down to prevent the gathering of people.
• As lockdown restrictions have been lifted off, manufacturing activities, supply chain, and distribution networks would begin their operations and the demand would grow.
• Construction activities in the commercial and residential sectors have been paused. So, the demand for fogless mirrors for concept bathrooms has been reduced.
• The stationary segment to maintain its dominant share during the forecast period

Based on type, the stationary segment contributed to the highest share of the global fogless mirrors market in 2018, accounting for more than two-thirds of the total share, and will maintain its dominant share during the forecast period. Moreover, this segment is expected to register the fastest CAGR of 6.4% from 2019 to 2026. This is due to the convenience offered by them to rotate 360 degrees and their characteristics such as rustproof, shatterproof, and others. The report also offers analysis of the portable segment.

The residential segment to maintain its dominance throughout the forecast period

Based on end-use, the residential segment held the largest market share of the global fogless mirrors market, contributing to nearly four-fifths of the total share in 2018, and is projected to maintain its dominance throughout the forecast period. This is due to technological advancements and affordability in residential applications. However, the commercial segment is estimated to grow at the highest CAGR of 7.1% from 2019 to 2026, owing to wide acceptance in the hospitality industry and emergence of luxury bathroom trends.

Asia-Pacific to continue its leadership status during the forecast period

Based on region, Asia-Pacific accounted for the highest market share based on revenue in 2018, contributing to more than half of the total share of the global fogless mirrors market, and will continue its leadership status during the forecast period. Moreover, this region is expected to portray the highest CAGR of 6.5% from 2019 to 2026. This is due to changes in lifestyle, adoption of online shopping, and demand for LED-equipped fogless mirrors in the region. However, North America is expected to manifest a CAGR of 4.7% during the forecast period.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6396

Leading market players

Foshan Sino Hardware Products Co., Ltd.
WeProFab
The Shave Well Company
New Home Bath & Mirror Inc.
Zadro Products, Inc.
Henan Jiazhidong Sanitary Ware Co., Ltd.
YD Valve Co. Ltd.
Shanghai Bagen Electronic Science & Technology Co.
ToiletTree Products, Inc.
Electric Mirror, Inc.

Based on the insights of various CXOs’ of leading companies, the market has witnessed increase in launch activities and promotion of baby infant formula in the U.S. In addition, recommendation by physicians to use infant formula for babies up to 12 months as a substitute to breastmilk has changed the perception of people, leading to its high consumption. The brand name, level of nutrition, and safety of ingredients play a vital role in influencing the purchase decisions of consumers for baby infant formula products. Americans have gradually become conscious regarding the ingredients, which go into the making of their baby infant formula products, hence, tend to prefer specific trusted brands that cater to their requirements.

Allied Market Research recently published a report, titled, “U.S. Baby Infant Formula Market by Product Type (Infant Milk, Follow-on Milk, Specialty Baby Milk, and Growing-up Milk), Ingredient (Carbohydrate, Fat, Protein, Minerals, Vitamins, and Others), Distribution Channel (Hypermarkets, Supermarkets, Pharmacy/Medical Stores, Specialty Stores, Hard Discounter Stores, and Others), and Point of Sale (Prescription Based and OTC): Opportunity Analysis and Industry Forecast 2021–2027″. As per the report, the U.S. baby infant formula industry was accounted for $3.65 billion in 2019, and is estimated to reach $5.81 billion by 2027, growing at a CAGR of 5.8% from 2021 to 2027.

In 2019, infant milk accounted for the major market share, and is expected to continue its dominance during the forecast period. CXOs are optimistic about the growth of baby infant formula market in U.S. market, owing to the introduction of organic ingredients in infant products. In addition, hectic lifestyle of people, increase in participation of women in the labor force, and convenience in feeding babies have led to higher consumption of baby infant formula.

Major determinants of the market growth

Rise in number of women participation in labor force and high nutritional content of infant formula drive the growth of the U.S. baby infant formula market. However, government initiatives to promote breastfeeding and concerns regarding food safety hinder the market growth. On the contrary, preference toward organic baby food & drinks, extensive research on prebiotics and probiotics in baby food, and developments in technology resulting in emergence of new products are expected to open lucrative opportunities for the market players in the future.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/11214

Covid-19 scenario:

During the Covid-19 pandemic, the demand for baby infant formula increased in the U.S. owing to panic buying for at-home consumption. The development of online platforms such as e-commerce and telemedicine favored the market growth during the pandemic. In addition, more and more people became health-conscious and preferred minimally processed food.

The infant milk segment held the largest share

By type, the infant milk segment dominated the market in terms of revenue in 2019, accounting for nearly three-fifths of the U.S. baby infant formula market, as it is specially designed to meet the growing needs of babies under six months of age, who are not breastfed or partially breastfed. However, the growing-up milk segment is projected to portray the highest CAGR of 6.5% from 2021 to 2027, owing to rise in introduction of growing-up milk in diets of young children.

The pharmacy/medical stores segment to manifest the highest CAGR through 2027

By distribution channel, the pharmacy/medical stores segment is estimated to register the highest CAGR of 6.6% during the forecast period, due to unawareness about the ingredients in infant formula and issues related to baby food safety. However, the hypermarkets segment held the largest share in 2019, contributing to nearly one-third of the U.S. baby infant formula market, owing to strong economic growth, increase in disposable income, change in demographic profile, and consumer inclination toward infant health.

The OTC segment held the largest share

By point of sale, the OTC segment held the largest share in 2019, accounting for more than two-thirds of the U.S. baby infant formula market, as most of the babies are hypoallergenic and require no special attention with the consumption of infant formula. However, the prescription-based segment is estimated to register the highest CAGR of 6.4% during the forecast period, owing to the unawareness regarding the ingredients and their health effects.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/11214

Major market players

Abbott Laboratories
Bobbie
Arla Foods
Dana Dairy Group, Ltd.
Campbell Soups Company
D-Signstore
Danone S.A.
Hipp GmbH & Co. Vertrieb KG
Else Nutrition Holdings, Inc.
Kabrita USA
Nature’s One, LLC.
Holle Baby Food AG
Reckitt Benckiser Group Plc.
Nestle S.A.
The Hain Celestial Group, Inc.