A Market Place Research – Page 2619

AMR Insights :- Motorcycle Helmet Market is projected to reach $4,294.8 million by 2030, registering a CAGR of 6.1%

Accident numbers are some of the factors driving the growth of the global motorcycle helmet market.

According to a new report published by Allied Market Research, titled, “Motorcycle helmet Market by Product Type, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global motorcycle helmet market size was valued at $2,444.5 million in 2020, and is projected to reach $4,294.8 million by 2030, registering a CAGR of 6.1% from 2021 to 2030. Motorcycle helmet is worn by motorcyclists to protect their heads while riding. The primary aim of a motorcycle helmet is to keep the rider’s head safe during accidents and preventing head injuries. Helmets are available in a variety of styles and comfort levels to meet the needs of customers. Enforcement of stringent government road safety laws for riders and increase in awareness of head injuries are the crucial factors that drive the growth of the global motorcycle helmet market. All these motorcycle helmet market trends propel the market growth.

According to motorcycle helmet market analysis, the market is segmented into product type, end user, distribution channel, and region. By product type, the market is categorized into full-face, modular, open-face, half-helmets, off-road, dual-sports, and others. The full-face segment was the highest revenue contributor in 2020, as full-face helmet provides complete protection to head and face against road accidents.

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On the basis of end user, the global market is bifurcated into adults and kids. The adults segment dominated the market in 2020, as motorcycle riders are mostly adults, thus boosting the sale of motorcycle helmets. Depending on distribution channel, the global market is fragmented into supermarkets & hypermarkets, specialty stores, e-commerce, and others. The specialty stores segment dominated the market with highest motorcycle helmet market share in 2020, due to benefits such as heavy discounts and immediate gratification for consumers.

Region wise, the motorcycle helmet market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific led the market in 2020, and is expected to dominate the market during the motorcycle helmet market forecast.

The global motorcycle helmet market expansion in this region is aided by population increase and rise in disposable income.

The outbreak of COVID-19 pandemic had a negative impact on the motorcycle helmet market growth. The demand for motorcycle helmets dropped, as a result of the pandemic, and travel restrictions severely damaged the motorcycle helmet market’s distribution channel, globally. The lockdown has hampered the workforce and resource availability, affecting the motorcycle helmet industry’s scale of production. Furthermore, the supply channel system for motorcycle helmet disrupted as a result of transportation constraints, thus hampering the growth of the overall market.

On the contrary, the active stakeholders in the motorcycle helmet sector are employing a number of marketing strategies such as celebrity endorsements, event planning, and social media marketing to promote the product use among customers. Furthermore, top industry players of motorcycle helmet are extensively investing in digital platforms to sell their products, resulting in market expansion. As a result, the market is expected to benefit from innovative marketing methods and rising demand for motorcycle helmets.

The motorcycle helmet safety authorities are working to update safety requirements for helmet manufacturers so that they are obligated to deliver the safest helmets to their customers and prevent head injuries.

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Consumers are shifting their preference to motorcycle helmets as cruising activities such as travelling by motorcycle to tourist attractions and adventure trips are becoming more popular. As a result, motorcycle helmet demand is likely to rise in the near future.

The high cost of motorcycle helmets, on the other hand, is likely to hinder the market growth during the forecast period. Lack of understanding of how to ride & road safety and the importance of wearing a helmet act as the key market constraints. Furthermore, small consumer base, relatively high price, and the purchasing power of people affected by the global economic recession restrain the global market growth. Conversely, governments of developing and developed countries are implementing road safety programs and campaigns to create awareness among the people about wearing helmet, which is anticipated to offer remunerative motorcycle helmet market opportunities for the expansion of the global market.

The major players operating in the market are Arai Helmets, HJC Helmets, Manufacturas Tomas SA, Nolan Helmets SPA, Schuberth GMBH, Shark Helmets, Shoei Co. Ltd, Studds Accessories Ltd, Bell Helmet, and Dainese S.P.A. All these players have adopted innovative marketing strategies to expand their market reach globally.

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Key findings of the study

The global motorcycle helmet market was valued at $2,444.5 million in 2020, and is projected to reach $4,294.8 million by 2030, registering a CAGR of 6.1% from 2021 to 2030.
By product type, the full-face segment was the highest contributor to the market, with $562.8 million in 2020, and is estimated to reach $994.6 million by 2030, at a CAGR of 6.1% during the forecast period.
By end user, the adults segment was the highest contributor to the market, with $1,741.0 million in 2020, and is estimated to reach $3,005.3 million by 2030, at a CAGR of 5.9% during the forecast period.
By distribution channel, the specialty stores segment was the highest contributor to the market, with $867.7 million in 2020, and is estimated to reach $1,511.9 million by 2030, at a CAGR of 6.0% during the forecast period.
By region, Asia-Pacific was the highest revenue contributor, accounting for $858.5 million in 2020, and is estimated to reach $1,474.8 million by 2030, with a CAGR of 5.8%.

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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By 2021–2027, Demand for theme parties will Surge to Boost the Party Supplies Market at 8.8% CAGR

The demand for party supplies is expected to increase during the forecast period 2021–2027

According to a new report published by Allied Market Research, titled, “Party Supplies Market by Product Type, Application, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,”

The global party supplies market size was valued at $12.7 billion in 2019, and is projected to reach $20.3 billion by 2027, registering a CAGR of 8.8% from 2021 to 2027.

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Growth Industry Trends and Forecasts :-

Increase in awareness among kids has also created demand for cartoon character theme party supplies. Change in fashion & trend, theme parties, increase in awareness, surge in disposable income, innovation & technology, expansive categories of supplies, commercial use of supplies, unique designs, and variants in color & material drive the growth of the global party supplies market. Moreover, theme parties and use of latex & mylar balloons and in events & parties are the leading party supplies market trends now.

Party supplies are materials that are required for a party or event. They include various decorative materials such as balloon, games, pinatas, tableware, banners, and others. The party supplies market is experiencing an exponential growth due to emerging fashion and trends. There has been a lot of innovation and utilization of party supplies as accessories, wherein the items are designed according to the occasion. The leading brands produce supplies for occasions such as birthday, graduation, anniversary, Christmas, Halloween, and others. In addition, expansion of distribution channels, such as online stores, supermarkets, hypermarkets, specialized store, and others, has made these party supplies become easily available to customers, thereby contributing to the party supplies market growth.

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Key findings of the study

By product type, the tableware/disposables segment accounted for the highest party supplies market share in 2019, growing at a CAGR of 6.4% from 2021 to 2027.
By application, the domestic use segment accounted for the highest market share in 2019, growing at a CAGR of 8.5% from 2021 to 2027.
By distribution channel, the supermarket/hypermarket segment accounted for the highest market share in 2019, growing at a CAGR of 7.6% from 2021 to 2027.
By region, North America occupied maximum share in the party supplies market in 2019 and is expected to dominate the market during the forecast period.

The key players operating in the global party supplies industry include:-
AMERICAN GREETINGS CORPORATION
ARTISANO DESIGNS
CHINET
HALLMARK LICENSING, LLC
MARTHA STEWART LIVING OMNIMEDIA, INC
ORIENTAL TRADING COMPANY
PARTY CITY HOLDCO INC
PIONEER WORLDWIDE
SHUTTERFLY, INC
UNIQUE INDUSTRIES, INC

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FREQUENTLY ASKED QUESTIONS?

Q1. What will be the Party Supplies Market Size From 2021 to 2027?
Q2. What is the CAGR of Party Supplies Market?
Q3. How can I get sample report of Party Supplies Market?
Q4. What is the Party Supplies Market effecting factor?
Q5. What are the segments of Party Supplies Market?

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.COVID-19 impact on the party supplies market
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in event management and wedding planning business globally
3.5.1.2.Rise in urban population
3.5.1.3.Product innovations

3.5.2.Restraint

3.5.2.1.Impact of non-biodegradable party supplies on environment

3.5.3.Opportunities

3.5.3.1.Rise in consumer demand for eco-friendly products
3.5.3.2.Rapid growth of online retail platforms

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Asia-Pacific Athletic Sportswear and Footwear Market Size is Expected to Reach $110.6 Billion by 2027 | Allied Market Research

Allied market research offers a latest published report on “Asia-Pacific Athletic Sportswear and Footwear Market by Product Type, by Sports, by User: Regional Opportunity Analysis and Industry Forecast, 2021–2027.”

The Asia pacific athletic sportswear and footwear market size was valued at $89.6 billion in 2019 and is projected to reach $110.6 billion by 2027, registering a CAGR of 4.3% from 2021-2027.

In addition, the report on the Asia-Pacific Athletic Sportswear and Footwear Market sizing & forecasting, Y-o-Y growth analysis, and market dynamics, including growth drivers, restraining factors, opportunities, and trends covering the overall prospect of the market.

A detailed analysis into the market position of Asia-Pacific Athletic Sportswear and Footwear market competitiveness, benefits and downside of enterprise stock, industry growth patterns in the studied market, regional industrial layout attributes and economic policies, industry News and Strategies has been included.

Relevant Points Highlighted:

• The report includes an overall business forecast that aims to gain valuable insights into the Asia-Pacific Athletic Sportswear and Footwear Market
• The main segments have been further classified into sub-segments for a detailed review and a deeper understanding of the industry.
• The factors leading to market growth have been listed. The data has been collected from primary and secondary sources and analyzed by professionals in the field.
• The study analyses the latest trends and company profiles of the major players in the Asia-Pacific Athletic Sportswear and Footwear Market.

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Following Are The Key Segments Covered in The Report:

By Product Type
• Sport shoes
• Running & walking shoes
• Hiking & backpacking shoes
• Aerobic & gym wear shoes
• Tracksuits & jerseys
• T shirts & shorts
• Others

By Sports
• Football
• Cricket
• Basketball
• Tennis
• Adventure sports
• Cycling
• Yoga & gymnastics
• Running
• Boxing
• Others

By User
• Men
• Women
• Kids

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 Asia-Pacific Athletic Sportswear and Footwear Market are:

• Adidas Ag (Adidas)
• Asics Corporation
• Brooks Running Company
• Fila Holding Corporation
• Li Ning Company Limited
• New Balance, Inc.
• Nike, Inc.
• PUMA SE
• Skechers Usa, Inc.
• Under Armour, Inc.

The Following are the Key Features of Asia-Pacific Athletic Sportswear and Footwear Report:

• Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
• Growth Drivers and Barriers, Market Trends & Market Opportunities
• Porter’s Five Forces Analysis & Trade Analysis
• Market Forecast Analysis for 2021-2027
• Market Segments by Geographies and Countries
• Market Segment Trend and Forecast
• Market Analysis and Recommendations
• Price Analysis
• Key Market Driving Factors
• Asia-Pacific Athletic Sportswear and Footwear Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

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The report addresses following doubts:

Q1. What is the total market value of Asia-Pacific Athletic Sportswear and Footwear market report?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Asia-Pacific Athletic Sportswear and Footwear market in 2019?
Q4. Which is base year calculated in the Asia-Pacific Athletic Sportswear and Footwear market report?
Q5. What are the Key Industry leaders opinions for the Asia-Pacific Athletic Sportswear and Footwear market?

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Hospitality Robots Market Expected to Reach $3,083 Million by 2030 Allied Market Research.

Hospitality Robots Market : Global Opportunity Analysis and Industry Forecast 2021–2030

According to a new report published by Allied Market Research, titled, “Hospitality Robots Market by Type, End User, Sales Channel and Region: Global Opportunity Analysis and Industry Forecast, 2021-2030,” The global hospitality robots market size is expected to reach $3,083 million by 2030 at a CAGR of 25.5% from 2021 to 2030.

There is no denying that robots are becoming daily assistants in the hotel industry and appearing in hotels and restaurants across the world. Robots are also utilized in hotels, restaurant, & bar for housekeeping, cleaning, and delivering food items to guest rooms. Furthermore, these robots are also programmed to accept order, prepare meals and drinks for customers. Thus, growing advancement in the hospitality robots market and increasing utility of robots in hotel, restaurants, and bars are expected to accelerate the growth of the hospitality robots market during the forecast period. The COVID-19 pandemic resulted in a positive impact on the hospitality robots market. Attributed to this pandemic, not only service robots but also disinfection robots are gaining considerable popularity among hospitality services providing companies. Many countries have opened their borders to welcome people. The tourism industry is speeding up again. Many hotels provide guests with a quarantine period. Due to lack of personnel, hotels are looking for a complete robot solution for the hotel. Various hospitality robots can be deployed in the hotel according to their use and purpose, such as luggage robots, room service robots or room delivery robots, carpet vacuuming robots, check-in robots, and children’s entertainment robots or children’s play robots, and now the popularly used disinfection robots.

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Rapid growth of the hospitality and travel & tourism industry and adoption of robotic automation in hotels, restaurant, bar, and event industries are majorly boosting the growth of the market during the forecast period. Furthermore, increase in concern for hotel premises; safety and rise in utility of the robots in hotel, events, and restaurants are spurring the growth of the market during the forecast period. Various hospitality robots are programmed for special purpose and unique allocated task according to the conditions and situation, and these robots are manufactured according the requirements of the clients. For instance, Pepper, a humanoid robot developed by SoftBank Robotics, wore a mask, greeted new guests in the lobby, and reminded them to wear a mask. Pepper is also programmed to deliver exciting messages, such as “I hope he feels good as soon as possible”, and more serious, “I pray that social distancing and vaccination will stop the spread of the disease as soon as possible”, and more mysterious messages “Let us unite and overcome this together. Thus, advancement in robots and availability of customizations option so as end users can use robots according to their purpose and situations are expected to drive the growth of the product market during the forecast period.

According hospitality robots market trends, on the basis of type, the delivery robot segment was valued at $60.6 million in 2020 and is expected to increase at $725.6 million by 2030, at CAGR of 27.5%, during the forecast period. Delivery robots are quite popular. When a guest enters the hotel premises, delivery robots welcome guests and carry their luggage to respective rooms. Various hotels are using robots for luggage carrying and delivering food items. For instance, New York-based Yotel hotel has luggage carrying robot named Yobot, which automatically collects and delivers guests’ luggage. Yobot can handle around 300 items of luggage a day. Growing utility and advancement in delivery robots is expected to surge the demand for delivery robots during the forecast period.

According hospitality robots market analysis, by end user, travel and tourism segment was valued at $57.4 million in 2020 and is expected to increase to $668.2 million by 2030, at a CAGR of 27.2% during the forecast period. Rapid growth of the travel and tourism industry globally and adoption of robotic automation to offer quick services to customers are expected to favor the growth of the product market during the forecast period. Travelers are opting for unique and exotic holiday destinations to get away from daily hectic schedule and gain valuable experiences. Private, quite, serene, and exotic locations are major factors that people consider while choosing their travel location. Private islands and luxury hotel stays have been voted as top preference by luxury travelers, which increase the demand for luxury and super premium hotel services. Robotic automation in hotel services can increase the quality of hotel services and can offer greater ambience to the customer, thereby propelling the growth of the hospitality robots market.

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According to sales channel, in 2020, the online segment gained the highest share of 57.3% in global market. Increase in internet users, growing digital literacy, and easy availability have led to an exponential rise in number of online sales channels across the globe. The trend of selling advanced consumer and commercial robots online is on rise due to the benefits offered such as competitive pricing, payment security, and payback offers.According hospitality robots market opportunities, region-wise, the Asia-Pacific hospitality robots industry was valued at 75.6 million in 2020, and is expected to increase at 1,038.3 million by 2030 at CAGR of 29.2% during the forecast period. This is majorly attributed to the rapid adoption of hospitality robots in Asia-Pacific and strong growth witnessed in Japan, China, and South Korea.

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By 2021–2030, Demand for imitation jewelry will Surge to Boost the Jewelry Pad Market at 4.3% CAGR

China and India are expected to spearhead the market growth, owing to high prevalence of wearing a myriad of jewelry amongst both men and women

According to a new report published by Allied Market Research, titled, “Jewelry Pad Market by Product Type, Material, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global jewelry pad market was valued at $317.3 million in 2020, and is projected reach $577.2 million by 2030, registering a CAGR of 4.3% from 2021 to 2030.

Jewelry pads are boxes or flat boards that are used for storing or displaying jewelry. There are different types of jewelry pads, depending on the type of jewelry it is made for holding. For example, jewelry pads for rings are mostly big tray-like pads with slots for placing multiple rings in a jewelry shop. However, for commercial use, jewelry pads for rings are mostly in the form of ring boxes. The main aim of jewelry pads is the safe storage of jewelry. They are made from materials that can cushion the jewelry and absorb any kind of impact that might harm the jewelry. The materials used are also free from chemicals and any kind of additives that can react with the precious metals and harm the jewelry in any manner.

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Increase in consciousness about external beauty among individuals has boosted the adoption of jewelry in the market. Rise in fashion consciousness has been observed among younger women. Rapidly changing fashion trends in various regions are increasing the need for affordable and stylish jewelry among customers. Jewelries, such as bracelets, rings, and chains, have surged the demand from both men and women. In addition, semi-precious stones carved in necklaces are in high demand among millennials and Gen X. Moreover, rise in trend of using jewelry among individuals across varied age groups is boosting the growth of the global jewelry market, which is propelling the jewelry pad market altogether.

The global jewelry pad market was significantly impacted by the COVID-19 pandemic. Lockdowns and restrictions in movements have resented to closure of the jewelry market across the world resulting in decreased sales of jewelry. Furthermore, jewelry pads are high in demand especially in China and India during wedding season. Stringent regulations regarding public events resulted in postponement of weddings, which have further negatively impacted the market in the region. Nevertheless, with widespread vaccinations across countries and relaxing of stringent guidelines, the demand for jewelry pads is expected to gain traction with opening up of economies.

The global jewelry pad market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific led in terms of the market share in 2020, and is estimated to grow with significant growth rate during the forecast period, owing to growing disposable income, extensive advertising and promotion, and large-scale urbanization. China along with India and South East Asian countries is expected to witness increased demand for jewelry pad in the coming years.

The jewelry pad market is highly fragmented with significant presence of a large number of regional players. Jewelry pads have gained huge traction over the last few years, owing to which various low-quality jewelry pads are flooded in the market. The right type of jewelry pad has no effect on jewelry. However, low-quality jewelry pad available in the market might increase the risk of tarnishing of jewelry.

The global jewelry pad market is segmented on the basis of product type, material, end user, and region. Based on product type, the market is divided into ear rings, necklace, rings, and others. By material, the market is classified into foam, fabric, and others. Based on end user, it is bifurcated into business to business and business to consumer. Region-wise, it is also studied across North America, Europe, Asia-Pacific, and LAMEA.

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Key Findings Of The Study

Region-wise, Asia-Pacific dominates in terms of the market share and is also anticipated to grow with the highest CAGR during the forecast period.
On the basis of product type, the necklace segment led the market share in 2020 and is also predicted to grow with the highest CAGR during the forecast period.
Depending on material, the foam segment captured about half of the market share.
On the basis of end user, the business to business segment leads in terms of the jewelry pad market share; however, the business to customer segment is expected to grow with a steady CAGR.

Some of the major players profiled in the jewelry pad market analysis include Finer Packaging Ltd, Gunther Mele Limited, Jep Pads Ltd, Jewelry Tray and Pad Company, Kling Gmbh, Nile Corp., Stockpak, Westpack A/S, The Jewelry Tray Factory, and JPB Jewelry Box Co. Other prominent players analyzed in the report are Jewelry Tray, Jeteho, RJ Displays, N’ice Packaging, Foraineam, Woodten, and Tinsow.

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Middle East Fragrances Market is Anticipated to Reach $4,414.1 Million by 2027, Registering a CAGR of 7.4%

Allied Market Research published a new report, titled, “Middle East Fragrances Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

The Middle East fragrances market size was valued at $2,852.9 million in 2019, and is projected to reach $4,414.1 million by 2027, registering a CAGR of 7.4% from 2020 to 2027.

Over the past couple of years, the traditional mass market fragrance business has witnessed a decline in its sales since the target customers seek for fragrance brands that are more upmarket. This has triggered demand for various perfumes in the Middle East.

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Availability of premium products in the market has become necessity in recent years. This is attributed to the fact that these products minimize the gap between the price range of luxury and ordinary quality for middle-income group consumers. As a result, premiumization plays a key role in the overall growth of Middle East fragrance market. Presently, customers seek for superior quality while using consumer goods, including perfumes irrespective of their high-end price tags. This results in increase in demand for premium brand perfumes.

Beauty bloggers and social media influencers are creating new growth avenues for the market. Moreover, increase in advertisement along with product knowledge on social media sites such as Facebook, YouTube, Instagram, and Twitter has increased the awareness regarding perfume products, especially among millennial and generation X consumers of Middle East. In addition, large number of local YouTubers are now hosting popular channels to demonstrate product reviews and tutorials, which, in turn, drive the Middle East fragrances market growth.

Increase in penetration of various online portals in the Middle East and rise in number of offers or discounts attract large consumer base to purchase perfumes through online channels. Moreover, online sales channel has increased the consumer reach owing to which it has evolved as a key source of revenue for many companies.

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Furthermore, the online sales market is expected to expand in the near future due to rapid growth in online and mobile user customer bases in emerging markets. Increase in e-commerce sales, improvements in logistics services, ease in payment options, and the facility to enter in new international markets for major brands further boost the growth of the Middle East fragrances market.

The Covid-19 pandemic has a vital impact on the growth of the middle east fragrances market and altered several market scenarios. The lockdown across various countries and ban on international travel has disrupted the supply chain and revenue chain. The report includes a thorough analysis of the Covid-19 pandemic on the growth of the middle east fragrances market.

The Middle East fragrances industry is studied on the basis of demographic and country. Depending on demographic, the market is categorized into male, female and unisex. By country, it is segregated into Kingdom of Saudi Arabia, United Arab Emirates, Jordan, Iraq and Rest of Middle East.

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Key Findings Of The Study

○ This report provides a quantitative analysis of the Middle East fragrances industry segments, current trends, estimations, and dynamics of the market from 2019 to 2027 to identify the prevailing the Middle East fragrances market opportunities.
○ By demographic, the female segment dominated the market in 2019, and is expected to retain its dominance throughout the Middle East fragrances market forecast period.
○ By country, the Kingdom of Saudi Arabia led in terms of the Middle East fragrances market share in 2019, and is expected to retain its dominance during the forecast period. This is attributed to easy availability of Arabian and Western perfume products on online sales channel.

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Essential Oils Market was valued at $10,886.80 million in 2020 & to reach $24,721.60 million by 2030 | CAGR 8%

According to a new report published by Allied Market Research, titled, “Essential oils Market,” The essential oils market was valued at $10,886.80 million in 2020, and is estimated to reach $24,721.60 million by 2030, growing at a CAGR of 8% from 2021 to 2030.

The orange segment was the highest contributor, with $4.3 billion in 2020, and is estimated to reach $10.9 billion by 2030, at a CAGR of 9.2% during the forecast period. Essential oils are generally extracted by distillation process, often by using steam.

Other processes used in the production of essential oils are expression, solvent extraction, absolute oil extraction, cold pressing, and resin tapping. Essential oils find usage in perfumes, cosmetics, soaps, and various other products, for flavoring food & drink, and for adding scents to incense and household cleaning products. Essential oils are distinguished from the fatty vegetable oils, such as canola and sunflower, by the fact that they evaporate or volatize in contact with the air and usually possess a strong aroma.

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These products are complex mixtures of organic chemicals, the nature and relative proportions of which are determined by the genetics of the plant species, environmental factors (e.g. climate), agricultural factors (e.g. soil conditions, nutrition, time and conditions of harvesting and methods of post-harvest handling), and manner of extraction. The chemicals present in essential oils may be classified as follows:

• Hydrocarbons of the general formula (C5H6) n-terpenes

• Oxygenated derivatives of these hydrocarbons

• Aromatic compounds having a benzenoid structure

• Compounds containing sulfur or nitrogen

In such a situation, using herbal products having no pesticides, chemicals, or processed additives and picking natural, herbal food to minimize risk of disease, illness, and disorders is the new trend. Many consumers are avoiding chemical ingredients in their food, health food, functional food, proteins, and nutraceutical products. Hence, demand for naturally sourced ingredients such as essential oils in nutraceuticals is increasing continuously.

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This demand is mainly increasing in developed regions of North America and Europe as consumers in this region are spending more on natural products as compared to consumers in other regions. Hence, Essential Oil Market Trendsof using natural ingredients in the nutraceutical industry in proving one of the major factors to propel the growth of the market.

The global Essential Oil Market Growth is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific led in terms of market share in 2020, and is projected to witness significant growth during the Essential Oil Market forecast period, owing to growing disposable income, extensive advertising and promotion, and large scale urbanization. China along with India and South East Asian countries is expected to witness increased demand for essential oils in the coming years.

The Essential Oil Market Size is studied on the basis of product, application and distribution channel. By product, the market is divided into orange, eucalyptus, cornmint, peppermint, citronella, lemon, lime, clove, spearmint, and others. By application, the Essential Oil Market Share is divided into food & beverages, medical, cleaning & home, spa & relaxation, and others. By distribution channel, the Essential Oil Market Analysis is studied across direct distribution, MLM distribution and retail distribution.

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The prominent players analyzed in Essential Oil Industry include doTERRA International, Biolandes, Sydney Essential Oils Co. Pty Ltd., Young Living Essential Oils, Farotti SRL, The Lebermuth Company, Essential Oils of New Zealand, H.Reynaude & Fils, Moksha Lifestyle Products, and West India Species, Inc.

KEY FINDINGS OF THE STUDY

By product, orange essential oil had the largest market share in 2020 and is further expected to grow with the highest CAGR during the Essential Oil Market forecast period.
By application, food & beverage is the most commonly consumed form of essential oils; however, the usage of essential oils in cleaning & home products is expected to rise in the future.
By distribution channel, the most common method of purchase of essential oils is via direct distribution channels while retail distribution channels are gaining more popularity for essential oils purchase.
By region, North America is the largest consumer of essential oils products; however, Asia-Pacific is expected to grow at the highest CAGR during the forecast period.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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.

Australia Period Care Market Size is Expected to Reach $1,028.7 Million by 2030, Registering a CAGR of 5.3%

Allied Market Research published a new report, titled, “Australia Period Care Market by Product Type, Distribution Channel: Opportunity Analysis and Industry Forecast, 2021-2030” The Australia period care market was valued at $630.0 million in 2020, and is projected reach $1,028.7 million by 2030, registering a CAGR of 5.3% from 2021 to 2030.

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The adoption of reusable menstruation care products is on an increase owing to the rise in emphasis on the sustainable products. Most of the disposable period care products are made using plastic, which is non-biodegradable and they harm the environment. Disposable sanitary pads are one of the highest waste generators in Australia. Increase in focus on product innovations and surge in emphasis on tampons made of organic and biodegradable materials are the factors expected to fuel the growth of the period care market in Australia. The reusable period care products have gained traction in the past few years. There are many people who cannot afford the costs of buying menstruation care products regularly.

Sanitary pads, tampons, panty liners, menstrual cups, and period underwear are considered as the menstrual care or period care products. These products help absorb the menstrual fluid. Sanitary pads are the most commonly used menstrual care products among all types of period care products due to its higher penetration in Australia.

Innovative product launches coupled with increase in health concerns amongst women have been the major factors driving the growth of the feminine hygiene products market. Moreover, increase in number of working women in Australia has fuelled the growth of the market.

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Increased government initiatives to spread awareness regarding period care boosts the growth of the Australia period care market. The Sustainable Period Project is an initiative in Australia that helps in educating the Australian women regarding the reusable and sustainable period care options.

Therefore, washable and reusable period care products is gaining immense traction and it also helps in reducing the menstrual care wastes management. In addition, rise in environmental concerns regarding the disposable wastes of period care products fosters the growth of the reusable period care products across Australia. The outbreak of the COVID-19 brought a temporary disruption in the Australia period care market. The production of the period care products hampered and this created a gap between demand and supply. This resulted in a price hike of the period care products.

The key market players profiled in this report include:

• Unicharm Corporation
• Kimberly-Clark Corporation
• Procter & Gamble Co.
• Edgewell Personal Care Company
• Knicked
• Wunderthings
• Modibodi
• Love Luna
• Juju
• Bonds

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Key Findings Of The Study:

• By product type, the period underwear segment is estimated to witness the fastest growth, registering a CAGR of 7.4% during the forecast period.
• By distribution channel, the pure play online segment is estimated to witness the fastest growth, registering a CAGR of 7.4% during the forecast period
• The Australia period care market was valued at $630.0 million in 2020, and is estimated to reach $1,028.7 million by 2030, growing at a CAGR of 5.3% during the forecast period.

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Smart Packaging Market | Analysis and Global Forecast to 2027

Market Overview:

Smart Packaging Market: Global Opportunity Analysis and Industry Forecast, 2014-2022, the global smart packaging market size is estimated to reach $37,797 million by 2022, registering a CAGR of 7.8% from 2016 to 2022. Europe constitutes around 33.6% share in the global smart packaging market and is expected to remain dominant throughout the analysis period, registering a notable CAGR of 6.9%.

In addition, the Smart Packaging Market report outlines upstream raw materials, marketing channels, downstream customer surveys, and industry development trends that provide vital information about manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.

The Smart Packaging Market report offers an in-depth study of the market on the basis of various prime parameters including sales, sales analysis, market size, and major driving factors. The study includes Porter’s five forces model, financial analysis, portfolio analysis, and business overview of services and products.

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In addition, the report offers a SWOT analysis including information regarding driving and restraining factors of the market growth. Such statistical tools provide vital information regarding understanding lucrative opportunities in the market. The report is essential for market players and new industry entrants to devise their strategies and leverage the opportunities in the market.

The Smart Packaging Market report offers a comprehensive study of the dynamic factors including drivers, restraints, challenges, and opportunities. The drivers and opportunities aid to understand the rapidly changing industry trends and their impact on the growth of the market. In addition, the restraints and challenges help understand profitable market investments. The report includes quantitative and qualitative analyses of the market.

Covid-19 scenario:

The global Chillers report includes an in-depth analysis of the impact of the Covid-19 pandemic on the market. Moreover, it helps the frontrunners in the industry to devise new strategies to gain a competitive edge over other companies and how to deal with sudden changes in value and supply chain without compromising the credibility of the business.

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The report provides a study of the past and current market trends and evaluates the future opportunities. The Smart Packaging Market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.

The report includes a brief summary of the market along with a SWOT analysis of the major market players and their financial analysis. The report covers a business overview and portfolio analysis of services that major companies offer. The study analyzes the recent market developments such as expansion, joint ventures, and product launches. Moreover, the study aids new business entrants and stakeholders to understand the long-term profitability of the market.

Major market players analyzed in the report:

The report includes a comprehensive study of major market players including are

Crown Holdings Inc., Constar International Inc., Ball Corporation, Bemis Company, Inc., Ampacet Corporation, Graham Packaging Company Inc., Multisorb Technologies, Sysco Corporation (Fresh Point Services), Timestrip, PLC, and Rexam PLC.

The study of the market players covers the company overview, price analysis, and value chain, along with portfolio analysis of services and products. These players have adopted various strategies such as partnerships, new product launches, joint ventures, and mergers & acquisitions to maintain their foothold in the market.

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Industrial Brakes Market Size, Share, Growth, Trends and Forecast to 2030

Industrial Brakes Market Overview:

According to a new report published by Allied Market Research, titled, Industrial Brakes by Type, Application and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2017-2023, the industrial brakes market was valued at $828 million in 2016, and is projected to reach at $1,074 million by 2023, growing at a CAGR of 3.70% from 2017 to 2023. Europe is expected to be the leading contributor to the industrial brakes market, followed by Asia-Pacific and North America.

The is made of nitrated steel, cast iron, aluminum brass, and stainless steel. The teeth on the hacksaw blades are the major cutting elements on the blades. These blades are fixed in a hacksaw under tension in a frame and used for cutting materials such as metal, wood, and plastic. The hacksaw blades are available in 10 TPI, 14 TPI, 18TPI, 24 TPI, and 32 TPI range. These hacksaws are manually and electrically operated and used by DIY and professional consumers.

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In addition, the Industrial Brakes Market report outlines upstream raw materials, marketing channels, downstream customer surveys, and industry development trends that provide vital information about manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.

The Industrial Brakes Marketreport offers an in-depth study of the market on the basis of various prime parameters including sales, sales analysis, market size, and major driving factors. The study includes Porter’s five forces model, financial analysis, portfolio analysis, and business overview of services and products.

The Industrial Brakes Market report offers a comprehensive study of the dynamic factors including drivers, restraints, challenges, and opportunities. The drivers and opportunities aid to understand the rapidly changing industry trends and their impact on the growth of the market. In addition, the restraints and challenges help understand profitable market investments. The report includes quantitative and qualitative analyses of the market.

Major market players analyzed in the report:

The report includes a comprehensive study of major market players including are

Akebono Brake Industry Co., Ltd., Altra Industrial Motion Corp., Antec, S.A., Carlisle Brake & Friction, Coremo Ocmea S.p.A., Eaton, GKN Walterscheid GmbH, Pintsch Bubenzer GmbH, Ringspann GmbH, and SIBRE – Siegerland Bremsen GmbH.

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Covid-19 scenario:

The global report includes an in-depth analysis of the impact of the Covid-19 pandemic on the market. Moreover, it helps the frontrunners in the industry to devise new strategies to gain a competitive edge over other companies and how to deal with sudden changes in value and supply chain without compromising the credibility of the business.

The report provides a study of the past and current market trends and evaluates the future opportunities. The Industrial Brakes Market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.

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