A Market Place Research – Page 2746

AMR estimates that Footwear Market revenues will grow nearly 5.5% During 2021 -2031, reaching $530.3 Billion in 2027

The rising demand for fashionable, trendy, yet comfortable footwear across age groups is a key factor driving the global footwear industry

According to a new report published by Allied Market Research, titled, “Footwear Market by Type, Material, End User and Distribution Channel:Global Opportunity Analysis and Industry Forecast, 2020 – 2027,” the global footwear market size was valued at $365.5 billion in 2020, and is projected to reach $530.3 billion by 2027, registering a CAGR of 5.5% from 2020 to 2027

Driving Trends and Growth of Footwear Market :-

Growing health and fitness awareness among people is boosting the growth of footwear market. Moreover, rise in trend of fitness exercises such as Zumba (a dance form) and Yoga (exercise activity) is generating huge demand for sports shoes among individuals.

Rise in number of sport lovers and fan followers of sports such as football, basket balls, and hockey is further creating higher demand for cleats and shoes required for respective sports. In addition, upcoming Summer Olympic Games in 2020 in Tokyo is anticipated to create lucrative opportunities for market players to launch new products and endorse their products to enhance their offerings. Therefore, it will result in driving the growth of market.

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Key Findings of the Study
Depending on type, the nonathletic segment dominated the global footwear market in 2019, and is expected to retain its dominance throughout the forecast period.
By material, the non-leather segment accounted for highest share in the footwear market growth in 2019, and is projected to grow at a CAGR of 5.0% from 2020 to 2027.
On the basis of end user, the women segment led the global footwear market demand in 2019, and is expected to retain its dominance throughout the forecast period.
As per distribution channel, the specialty stores was the major shareholder in 2019, and is projected to register a CAGR of 4.3% from 2020 to 2027.
Region wise, Asia-Pacific accounted for about 41.4% footwear market share in 2019, and is expected to grow at a CAGR of 6.5%.

The key players operating in the footwear market analysis includes:-
Adidas AG (Adidas)
Nike, Inc. (Nike)
PUMA SE (KERING)
Under Armour, Inc.
Skechers USA, Inc.
Geox S.p.A
VF Corporation
CROCS, Inc.
Ecco Sko A/S
Wolverine World Wide, Inc.

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Along with men and women, children now a days demand for fancy, stylish, colorful, and sports-inspired footwear. Increase in number of children engaged in various sports activities fuels the demand for athletic footwear. This has increased large demand for football, basketball, hockey, tennis, baseball and many other sports footwear among children. Along with sport footwear, stylish sneakers, flip-flops, slip-ons, boots, and casual shoes are witnessing huge demand among children, which drives the growth of the overall market.

With increase in demand for fancy yet comfortable footwear, affordable pricing and enhanced designs of footwear at a cheaper price is expected to boost the overall growth of the industry. Moreover, various sportswear brands such as Nike, New Balance, and Under Armour are adopting 3D printing technology in footwear production. Such features attract the attention of the customers for purchasing the footwear, which is projected to provide lucrative opportunities for market expansion during the forecast period.

However, presently ban on cow slaughter and its associated leather products led to shortage of leather as raw material for the footwear industry. Inadequate availability of hide or skin, which are essential raw materials for leather footwear products has resulted in high prices of leather across the world. Furthermore, the demand for leather footwear is high, as it is regarded as a premium product in this industry. However, ban on the use of leather in footwear manufacturing by the Council for Leather Exports, India has ultimately reduced the production of leather footwear in India, which is a major exports hub of developed countries. High price of leather is restricting individuals to buy leather footwear, which are sold at comparatively higher prices, thereby restricting the market growth.

Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Footwear Market
– Changing market dynamics of the Footwear Market Industry.
– In-depth segmentation of Footwear Market by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments.
– Competitive landscape of Footwear Market.

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LIST OF TABLES

TABLE 01.GLOBAL FOOTWEAR MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.ATHLETIC FOOTWEAR MARKET BY REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 03.NONATHLETIC FOOTWEAR MARKET BY REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL FOOTWEAR MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 05.LEATHER FOOTWEAR MARKET BY REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 06.NON-LEATHER FOOTWEAR MARKET BY REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 07.GLOBAL FOOTWEAR MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 08.FOOTWEAR MARKET BY REVENUE FOR MEN, BY REGION, 2019–2027 ($MILLION)
TABLE 09.FOOTWEAR MARKET BY REVENUE FOR WOMEN, BY REGION, 2019–2027 ($MILLION)
TABLE 10.FOOTWEAR MARKET BY REVENUE FOR CHILDREN, BY REGION, 2019–2027 ($MILLION)

FREQUENTLY ASKED QUESTIONS?
Q1. What was the size of the global footwear market in 2020?
Q2. How much will the global footwear market be worth in the future?
Q3. What would be forecast period in the market report?
Q4. What are the segments of footwear market?
Q5. Who are the active players in the footwear market?

Similar Report :-

Eyewear Market https://www.alliedmarketresearch.com/eyewear-market

Asia Pacific Footwear Market https://www.alliedmarketresearch.com/asia-pacific-footwear-market

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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Furniture Market is projected to reach $800,596 million by 2025, registering a CAGR of 3.5% from 2021 to 2025 | industry are Haworth, Inc., Inter IKEA Systems BV, Steelcase Inc., Masco Corporation, HNI Corporation, L. & J.G. STICKLEY, INC., Kimball Intern

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

The key players operating in the furniture industry are Haworth, Inc., Inter IKEA Systems BV, Steelcase Inc., Masco Corporation, HNI Corporation, L. & J.G. STICKLEY, INC., Kimball International, Inc., Okamura Corporation, Heritage Home Group LLC, and Durham Furniture Inc.

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

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

The residential segment in the furniture market is anticipated to have the highest market share during the forecast period. The rise in global economy has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the furniture market. The growing phase of infrastructure and real estate market has boosted the demand for residential furniture products in the various country across the globe.

The furniture market is driven by emerging new species of wood tree for furniture manufacturing and marketing through internet are some of the factors that are expected boost the market growth. Furthermore, the furniture market is driven by various factors such as rise in disposable incomes, growth of real estate and hospitality industries, and demand for luxury and premium furniture from certain consumer sections. In addition, increase in government investments in infrastructural development boosts the demand for the furniture products in the residential and commercial sector in the near future.

The integration of internet of things into furniture products is projected to further escalate the furniture market growth. Moreover, development of automated manufacturing system is anticipated to have a significant impact on the industry during the forecast period. Furthermore, demand for versatile and multi-functional products that offer portability and can easily be accommodated in small spaces is also driving the market growth.

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The global market is segmented based on type, distribution channel, and region. Based on type, it is classified as RTA, residential, and commercial. The distribution channel comprises supermarkets & hypermarkets, specialty stores, e-commerce, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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

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

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Key findings of the Furniture Market:

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

Battery Power Tools Market Projected to Reach $41,196.3 Million Growth Opportunities by 2030

According to Allied Market Research, Titled, Battery Power Tools Market by Motor Type (Brushed and Brushless), Tool (Drills, Saws, Lawn Motors, Impact Wrench and Others) and Application (Industrial and DIY): Global Opportunity Analysis and Industry Forecast, 2021–2030. The battery power tools market includes revenue generated by sales of battery power tools used for drilling, screw driving, chiseling, sanding and other such applications for production, packaging, assembly, and maintenance operations.

Growing adoption of battery power tools in automotive industry is a major factor that drives the battery power tools market. In addition, introduction of large number of brushless power tools and adoption of affordable and energy-efficient power tools are the factors that are driving the battery power tools market. However, availability of low cost or more powerful tools hampers the growth of the market.

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With this drift on board, the key market players are implementing new strategies and are investing in research and development in order to improve tool strength & life span. Cell manufacturers are constantly advancing the technology so they provide a wide array of latest technology cells for use in every industry that uses Li-ion batteries.

For instance, Milwaukee launched a kind of lithium battery that can maintain more power in heavy applications and has a five times greater run time than standard lithium batteries. Similarly, Matabo, a power tool manufacturer based in Germany, recently released new grinders that include a 75% longer battery run time. These grinders consist of a small head design that makes tiny spaces and narrow angles of up to 40 degrees accessible. Also, based on latest cell technology, Bosch launched batteries that can put more power into a cell with a small increase in volume.

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At the same time, tool companies are focused on voltage platforms, providing improved batteries for platforms where they sell the most tools. For example, Dewalt, one of the key power tool manufacturers, launched a battery named the Flexvolt that automatically changes its voltage with each tool it is operated with, thereby can serve different voltage platforms. Likewise, Hilti is working on batteries that can offer the right power and run time for an application.

Furthermore, carbon ion cell technology is becoming more popular as it involves zero risks and are recyclable. Carbon ion cells also have the fast charging characteristics and are soon expected to match the energy density of lithium ion batteries. The advantages of carbon ion cells are likely to be recognized by firms globally as time goes by, which sequentially, is going to gather exponential growth for the battery power tools market in the near future.

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U.S. Home Decor Market is forecast to reach a value of $158,929.1 Million & exhibiting a CAGR of 8.4% during 2020-2027.

The trend of aesthetically enhancing the houses has witnessed significant popularity due to sure in penetration of social media platforms in the U.S.

According to a new report published by Allied Market Research, titled, “U.S. Home Decor Market by Product Type, Income Group, Price, Distribution Channel & Category: Opportunity Analysis and Industry Forecast, 2020–2027,” The U.S. home decor market size was valued at $125,813.0 million in 2019, and is estimated to reach $158,929.1 million by 2027, registering a CAGR of 8.0% from 2020 to 2027. In 2019, the floor covering segment accounted for significant contribution in the U.S. home decor market share, and is expected to grow at a CAGR of 8.4% throughout the forecast period.

The U.S. home decor market has witnessed significant growth over the years, and is expected to grow at a steady pace during the forecast period. This is attributed to the fact that market players are focusing on developing eco-friendly products, owing to rise in environment awareness. The floor covering segment occupied the largest share in the overall home decor market in 2019, and is expected to maintain its leading position throughout the forecast period, owing to the wide adoption of floor coverings,

The home decor market in U.S. is driven by surge in disposable income and improvement in living standards. Moreover, the rise in affinity of consumers toward consumer-friendly home décor products are anticipated to boost the demand for home decor products. However, availability of low-quality and counterfeit products and fluctuations in the prices of raw materials used to manufacture these products restrain the market growth. Conversely, surge in demand for trendy and unique furniture is anticipated to provide lucrative opportunities for the U.S. home decor market growth.

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The U.S. home decor market is segmented based on product type, distribution channel, price, income group and category. Depending on product type, the market is divided into furniture, home textile, and floor covering. By distribution channel, it is fragmented into supermarkets & hypermarkets, specialty stores, e-commerce, and others. Based on the price, the market is segmented into premium and mass. Based on the income group, the market is segmented into lower-middle income, upper-middle income, and higher income. Based on category, the market is segmented into eco-friendly and conventional.

According to the U.S. home decor market analysis the floor covering segment generated the highest revenue in 2019, and is expected to remain dominant throughout the forecast period. The flooring segment is also expected to witness the highest growth rate of 8.4% from 2020-2027.

According to the U.S. Home Decor market forecast based on distribution channel, the specialty stores segment was the highest contributor to the U.S. market in 2019 and is expected to remain dominant through 2020-2027. However, the E-commerce segment is expected to grow at a higher growth rate through the forecast period.

Based on the price, the mass segment was the highest contributor to the U.S. home decor market in 2019 and is expected to remain dominant through 2020-2027. However, the premium segment is expected to grow at a higher growth rate through the forecast period

Based on the income group, the higher income segment was the highest contributor to the U.S. home decor market in 2019 and is expected to remain dominant through 2020-2027. The upper-middle income segment is expected to grow at a notable growth rate through the forecast period.

Based on the category, the conventional segment was the highest contributor to the U.S. home decor market in 2019 and is expected to remain dominant through 2020-2027. The eco-friendly segment is expected to grow at a highest growth rate through the forecast period

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Key findings of the study

The U.S. home decor market was valued at $125,813.0 million in 2020 and is estimated to reach $158,929.1 million by 2027, growing at a CAGR of 8.0% through the forecast period.
Based on product type, the floor covering service segment would witness the fastest growth, registering a CAGR of 8.4% during the forecast period.
In 2019, based on distribution channel, the specialty stores segment held the highest share, accounting for nearly half of the U.S. home decor industry.
In 2019, based on the price, the mass segment was the most prominent segment and is expected to grow at a significant CAGR throughout the forecast period.
Conventional segment was the dominant segment in 2019, accounting for a considerable share in the U.S. market.

The Following are the Key Features of Global U.S. Home Decor 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 2019-2025
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
U.S. Home Decor Market : Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

FREQUENTLY ASKED QUESTIONS?
Q1. What will be U.S. home decor market growth in 2027?
Q2. What is the CAGR of U.S. home decor market?
Q3. What is the U.S. home decor market effecting factor?
Q4. What are the key trends in the U.S. home decor market?
Q5. What are the segments of U.S. home decor market?
Q6. Who are the active players in the U.S. home decor market?
Q7. What would be forecast period in the market report?
Q8. Which is base year calculated in the U.S. home decor market report?

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Wet Vacuum Cleaner Market to be worth $1.4 billion by the year 2026 – Comprehensive Research Report by AMR

wet vacuum cleaner market size was valued at $1.0 billion in 2018, and is projected to reach $1.4 billion by 2026, registering a CAGR of 4.1% from 2019 to 2026

According to a new report published by Allied Market Research titled, “Wet Vacuum Cleaner Market by Product Type, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019–2026,” The global wet vacuum cleaner market size was valued at $1.0 billion in 2018, and is projected to reach $1.4 billion by 2026, registering a CAGR of 4.1% from 2019 to 2026.The wired segment was the highest contributor to the market, with $606.8 million in 2018, and is estimated to reach $799.8 million by 2026, at a CAGR of 3.6% during the forecast period.

Wet vacuum cleaners are electrical appliances that are used to collect liquid spills as well as dust and are far more flexible & versatile than the regular vacuum cleaners. The wet vacuum cleaner is a cleaning device that is designed to collect liquid spills as well as dry dust. Wet vacuum cleaners were primarily used for heavy duty jobs majorly in the commercial sector. However, new & compact models of wet vacuum cleaner in various sizes have been designed by manufacturers for domestic use. Moreover, due to advancements in technology and rise in demand for convenient and time-saving cleaning devices, a great change has taken place in the structure and design of the wet vacuum cleaner. Furthermore, they are easily accessible to the consumers through different distribution channels that include hypermarket / supermarket, specialty stores, online stores and others. Thus, this in turn has contributed in driving the growth of the wet vacuum cleaner market in terms of value sales.

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The E- commerce segment in the wet vacuum cleaner market is anticipated to be the fastest growing segment during the forecast period. This is attributable to the easy accessibility, heavy discounts & offers on electronic devices by these online platforms, which boosts their adoption in the wet vacuum cleaner market, thus becoming a popular medium for the purchase of wet vacuum cleaners. Moreover, easy availability of different types of wet vacuum cleaners along with the information about the products coupled with the facility of home delivery contribute to the increase in sales of wet vacuum cleaner through online platform. Thus, this in turn is expected to propel the growth of the wet vacuum cleaner market in terms of value sales during the forecast period.

The global demand for wet vacuum cleaner is expected to increase due to rising concern toward hygiene among household as well as commercial sectors, owing to rise in health concern and emphasis on maintaining clean premises in the commercial sectors.

The global wet vacuum cleaner market is segmented into product type, application, distribution channel, and region. On the basis of product type, the market is classified into cordless and wired. By application, it is bifurcated into household and commercial. Depending on distribution channel, wet vacuum cleaner marketis divided into supermarket/hypermarket, specialty store, E-commerce and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Findings of the Study

The cordless segment is expected to grow at a CAGR of 4.8% during the forecast period.
Asia-Pacific regions anticipated to dominate the wet vacuum cleaner market growth, registering a CAGR of 5.9% during the forecast period.
North America is projected to exhibit exponential growth throughout 2026, registering a CAGR 3.4% during the forecast period.
The Specialty store distribution segment is anticipated to dominate the global s wet vacuum cleaner market analysis, with a CAGR of 3.6%during the forecast period.
The E-commerce segment is estimated to grow at a CAGR of 6.6%during the wet vacuum cleaner market forecast period.

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The key players operating in the wet vacuum cleaner industry are Alfred Kärcher SE & Co. KG, Tennant Company, Nilfisk Group, Koninklijke Philips N.V. , AB Electrolux, Tineco Intelligent Technology, Delfins, Bissell Group, Hako Group, and Shop V

Foot Care Products Market Size is anticipated to reach $4.59 billion by 2027, with a CAGR of 7.10% during the forecast period from 2021 to 2027

According to a new report published by Allied Market Research, titled, “Foot Care Products Market by Product, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global foot care products market size was valued at $2.92 billion in 2019, and is anticipated to reach $4.59 billion by 2027, with a CAGR of 7.10% during the forecast period from 2021 to 2027. Foot care products are largely used as over-the-counter skin nourishing cosmetic among people involved in outdoor & indoor activities. Foot care products help to recover skin from damage and infections, as these products consists of antioxidants, vitamins, and other soothing ingredients. The organic foot care products include ingredients such as essential oils.

Consumers are actively seeking for more advanced and multifunctional skin care solutions for their daily skin care routines. This has resulted in introduction of novel multifunctional foot care products in the market, which are assimilated with other cosmetic ingredients such as anti-aging elements, lotions with moisturizing properties, and tinting agents. Foot products in combination with targeted skincare are becoming popular among consumers.

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Manufacturers are focusing on key innovations that cater to the requirements of the large consumer base. Increase in awareness toward health benefits such as reduction in pain and increase in mobility & physical activity are expected to boost the demand for foot care products in emerging nations. Furthermore, increase has been witnessed in the number of netizens along with rise in internet penetration. Taking this into consideration, most of the key players in the foot care products market strategize on promoting their products on various social media platforms. Thus, through social media marketing strategy, the foot care products market sights critical growth opportunity.

According to the foot care products market analysis, the market is segmented into product, application, distribution channel, and region. Depending on product, the foot care products market is categorized into foot repair ointment, foot creams, foot cleansing lotions, slough scrub products, and others. The foot creams segment was the highest contributor to the market, with $889.89 million in 2019, and is estimated to reach $1,255.52 million by 2027, at a CAGR of 5.7% during the forecast period. This is attributed to the fact that foot creams are widely preferred by local consumers in the mass market. End users majorly procure foot creams products through a traditional supply chain, which significantly contributes toward the growth of the segment.

On the basis of application, the medical segment held a significant share of 42.79% in the global market in 2019. This is attributed to surge in disposable income and rise in awareness toward probable risks associated with foot problems.

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By distribution channel, the hospitals & specialty clinics segment dominated the market in 2019, accounting for 35.51% of the share, and is expected to retain its dominance throughout the foot care products market forecast period. This is attributed to the fact that consumers are preferring products from various offline distribution channel such as clinics stores and hospitals while treatment.

Region wise, Asia-Pacific was the prominent market in 2019, garnering maximum share, owing to the presence of huge consumer base and increase in population. SMEs operating in Asia and Europe are targeting online channels to increase their sales. These companies are further investing into various marketing and advertising activities to increase their product awareness. Surge in penetration of foot care products among people and increase in preference of organic/natural cosmetics are anticipated to fuel the foot care products market growth during the forecast period.

The key players profiled in this report include Johnson & Johnson, Del Laboratories, HoMedics, PediFix, Inc., Alva-Amco Pharmacal, Inc., Revlon, Aetna Foot Products, Blistex Inc., Glaxosmithkline Plc., and Miracle of Aloe. The key players provide current foot care products market trends, financial statement, and products development.

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Key findings of the study

The global foot care products market was valued at $2.92 billion in 2019, and is anticipated to reach $4.59 billion by 2027, with a CAGR of 7.10% during the forecast period.
By product, the foot creams segment held the highest share, accounting for 30.41% of the global foot care products market share.
On the basis of application, the medical segment held the highest share, accounting for 42.79% of the global market share.
Depending on distribution channel, the online stores segment is estimated to hold the highest CAGR of 8.10% in the global foot care products market.
In 2019, Asia-Pacific was the most prominent market, and is expected to grow at a significant CAGR throughout the forecast period.

India Home Automation Market Technology, Analysis of Trends and Forecasts 2026

According to Allied Market Research, Titled, India Home Automation Market by Product Type (Lighting, Security And Safety, HVAC, Entertainment, and Others), Technology (Wired, and Wireless), and End-User (Residential, Commercial, and Hospitality): Opportunity Analysis and Industry Forecast, 2019–2026.

Home automation systems in India have witnessed an unprecedented demand in the recent years, due to increased concerns about safety & security, especially in urban areas.

The smart home concept is taking root faster than ever expected. The investment of major market players and new product launches has boosted the demand for home automation in India. The country is the largest market for the Internet of Things (IoT) already and in the future, India will become a major hub for the home automation industry. With the rise in awareness of value-based products and awareness about IoT and smart technology, the future is not afar when living-room lighting adjusts brightness as you walk into the room.

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Panasonic India to invest more in the industry

One of the major consumer electronics companies, Panasonic India has recently launched a new division of Spatial Solutions as a part of its strategic plans for smart home solutions. As per the company, this new division will combine the expertise in life solutions and consumer appliances to boost the adoption of smart home living solutions such as Panasonic’s AI and IoT-enabled Connected Living Platform.

Panasonic’s Spatial Solutions is expected to focus on commercial, residential, and public infrastructure segments and provide the solution architecture to white label manufacturers.

Prior to this, Panasonic India has been expanding its IoT and AI-based services and platforms such as Miraie. The company has already launched a connected refrigerator, Wi-Fi fan, washing machine, and ROMA smart digital switches on the platform. These products are laying the foundation for the growth of home automation in India.

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Future of home automation in India

For years, India has remained the underserved market for home automation products owing to the high price of products and lack of awareness. However, the new age of home automation and connected devices has begun due to the advent of energy-efficient products, ease of installation, affordability, and instant access.

The growth of mobile technology, low-cost data packages, and availability of uninterrupted Wi-Fi services have boosted the growth of the home automation industry in India. The smartphone penetration in India is the prime reason for the growth of the home automation segment as the majority of the smart products can be controlled through a smartphone.

By Product Type

Lighting
- Relays
- Dimmers
- Switches
- Others
Security and safety
- Bells
- Locks
- Security cameras
- Others
HVAC
- Thermostats
- Sensors
- Control Valves
- Others
Entertainment
- Home Theater System
- Audio, Volume and Multimedia Controls
- Others
Others

By Technology

Wired
Wireless

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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.

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Polystyrene Foam Market Future Trends, Revenue Growth & Leading Players, Forecast To 2030

The global polystyrene foam market generated $46.2 billion in 2020, and is estimated to generate $73.8 billion by 2030, witnessing a CAGR of 5.1% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Rise in urbanization and industrialization that led to growth of the building & construction sector, stringent energy efficiency and fire safety policies, and rise in demand from the packaging sector drive the growth of the global polystyrene foam market. However, volatility in raw material prices hinders the market growth. On the other hand, demand for foam-based materials from the non-residential building sector present new opportunities in the coming years.

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Covid-19 Scenario:

Production activities of the polystyrene foam have been halted due to lockdown measures, unavailability of sufficient workforce, and supply chain disruptions across the globe. This impacted the production volumes of polystyrene foam.
The demand from end-use industries such as packaging, building & construction, and others decreased considerably due to stoppage of daily activities during the lockdown. However, the demand is projected to rise during the post-lockdown as daily operations begin in these industries.
The report offers detailed segmentation of the global polystyrene foam market based on product, end-use industry, and region.

Based on product, the EPS segment held the highest share in 2020, accounted for nearly two-thirds of the total share, and is projected to continue its leadership status during the forecast period. Moreover, this segment is estimated to witness the largest CAGR of 5.4% from 2021 to 2030. Moreover, the research analyses the XPS segment.

Based on end-use industry, the building & construction segment accounted for the highest share in 2020, contributing to nearly three-fifths of the total share of the global polystyrene foam market, and is expected to continue its dominance during the forecast period. However, the packaging segment is projected to manifest the highest CAGR of 6.0% from 2021 to 2030.

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Based on region, Asia-Pacific contributed to the highest share in 2020, holding around two-fifths of the total market share, and is expected to continue its lead position by 2030. Moreover, this region is expected to portray the fastest CAGR of 6.2% during the forecast period. The research also analyzes regions including North America, Europe, and LAMEA.

Leading players of the global polystyrene foam market analyzed in the research include Alpek, ChovA, BASF SE, DuPont, Drew Foam, Knauf Insulation, Kingspan Group, Synthos S.A., Sunpor Kunststoff GmbH, and Xella International.

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Industrial Robotics Market: How industry 4.0 Makes Automation as a Star..!!

According to a new report published by Allied Market Research, titled, the global industrial robotics market size was valued at $37.8 billion in 2020, and is expected to reach $116.8 billion by 2030, with a CAGR of 11.7% from 2021 to 2030. The key factor accelerating the market for industrial robotics is a sudden spur in global industrial output. To emerge from a cyclical slump, the industrial robotics business requires some level of innovation, similar to the automobile or heavy engineering markets.

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Leading market players in global Industrial Robotics Market include:

Daihen Corporation Denso Corporation Epson America, Inc. Fanuc Ltd. Kawasaki Heavy Industries Ltd. KUKA Robotics Corporation Mitsubishi Electric Corporation Nachi Robotic Systems, Inc. Panasonic Corporation These players have implemented various strategies such as expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to strengthen their position in the industry.

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KEY BENEFITS FOR STAKEHOLDERS

This study contains analytical representation of the Industrial Robotics Market trends with present trends and forthcoming estimations to portray the imminent investment pockets.
The report provides overall potential to understand the lucrative trends to gain a stronger base in the Industrial Robotics Market.
The Industrial Robotics Market analysis report offers statistics based on key determinants along with a thorough impact analysis.
The present market forecast is quantitatively examined from 2021 to 2023 to target the financial capability.
Porter’s five forces analysis demonstrates the strength of the consumers and suppliers in the industry.

Industrial Robotics Market Segmentation:

The report provides an in-depth segmentation of the global Industrial Robotics Market. The major segments in the report are examined on the basis of product, type, end user, and regions. The report also involves the tables based on wide-ranging analysis of sales, revenue, growth rate, and revenue share of each for the historic period and the forecast period.

By Type:
Articulated
Cartesian
SCARA
Cylindrical
Others

By Industry:
Automotive
Electrical & Electronics
Chemical, Rubber & Plastics
Machinery
Metals
Food & Beverages
Precision & Optics
Others

Industrial Robotics Market Regional Analysis:

The market is studied across different regions including North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The report includes competitive landscape in the regions. These insights assist to develop strategies and construct new opportunities to accomplish excellent results.

What You Can Expect From Our Report:

Total Addressable Market [Present Market Size forecasted to 2023 with CAGR ] Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa] Country wise Market Size Split [Important countries with major market share] Market Size Breakdown by Product/ ServiceTypes Market Size by Application/Industry verticals/ End Users Market Share and Revenue/Sales of 10-15 Leading Players in the Market Production Capacity of Leading Players whenever applicable Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc. Pricing Trend Analysis – Average pricing across regions Brandwise Ranking of Major Market Players globally

Why To Select This Report:

Complete analysis on market dynamics, market status and competitive Industrial Robotics view is offered.
Forecast Global Industrial Robotics Industry trends will present the market drivers, constraints and growth opportunities.
The five-year forecast view shows how the market is expected to grow in coming years.
All vital Global Industrial Robotics Industry verticals are presented in this study like Product Type, Applications and Geographical Regions.

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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.

Special Effect Masterbatches Market Sales Revenue to Touch $5.3 Billion By 2023 | Major Companies, Strategies and New Trends

According to the report published by Allied Market Research, the global special effect masterbatches market generated $2.9 billion in 2020, and is expected to generate $5.3 billion by 2030, witnessing a CAGR of 6.2% from 2021 to 2030. The report offers an extensive analysis of changing market trends, key investment pockets, value chain, top segments, regional scenario, and competitive landscape.

Surge in applications in food packaging, medical, and plastic & fiber industries and demand for film extrusion masterbatches drive the growth of the global special effect masterbatches market. However, fluctuating petrochemical prices and challenges regarding availing right supplier hinder the market growth. On the other hand, innovations and new product developments along with advancements in blow molding technology present new opportunities in the coming years.

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Covid-19 Scenario:

Owing to lockdown measures implemented by governments in various countries, various challenges such as shortage of raw materials, disruptions in supply & transportation, and lack of labor occurred.
The demand from application industries such as automotive, packaging, and food & beverage industries reduced considerably due to partial or complete stoppage of daily operations. However, the demand would recover post-lockdown.
However, the usage of special effect masterbatches in medical packaging and medical equipment production activities offered limited opportunities toward the growth of the special effect masterbatches market.

The report offers detailed segmentation of the global special effect masterbatches market based on effects type, application, and region.

Based on effects type, the appearance effects segment contributed to the highest share in 2020, accounting for nearly three-fifths of the total share, and is projected to continue its leadership status in terms of revenue during the forecast period. However, the material effects segment is estimated to register the fastest CAGR of 7.2% from 2021 to 2030.

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Based on application, the packaging segment accounted for the highest share in 2020, holding more than one-third of the global special effect masterbatches market, and is projected to maintain its dominant share throughout the forecast period. However, the sports and leisure segment is estimated to manifest the largest CAGR of 8.3% from 2021 to 2030.

Based on region, Asia-Pacific held the highest share in 2020, accounting for more than two-fifths of the total share, and is estimated to maintain its lead position by 2030. Moreover, this region is expected to portray the highest CAGR of 7.6% during the forecast period. The research also analyzes regions including North America, Europe, and LAMEA.

Leading players of the global special effect masterbatches market analyzed in the research include Gabriel-Chemie AG, PolyOne, Clariant Ag, Dk Polymers, RTP, Kandui Industries Pvt Ltd., Ampacet Corporation, Broadway Colours, Minocha Enterprises Pvt. Ltd., Frilvam S.P.A., and Micro Poly Colours India.

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