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Showing posts from May, 2022

Wine Cooler Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 - 2029

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  Wine cooler market   is projected to grow at a promising pace with a healthy CAGR of 5.6% through the course of forecast period (2019-2029). The market will garner prominence on the back of heightened demand in hospitality, and food & beverages industries. Moreover, increased product launches owing to technological innovations is driving the market growth, finds a new Future Market Insights (FMI) report. Attributes such as enhanced functionality and aesthetic appeal have contributed to the growth of wine cooler market. Internet of Things will play a pivotal role in product development through the projected period. Moreover, manufacturers continue to launch eco-friendly wine coolers to reinforce their sustainable practices . Key Takeaways of Wine Cooler Market Study Food & beverages industry continues to generate substantial demand for wine coolers, with hospitality closing in. Europe and North America collectively occupy approximately 66% of revenue share. Consumers in develo

Wall Decor Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2022 2027

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  Projected to demonstrate a steady revenue growth of just-under 4% year on year in 2019, the total sales of wall décor will reportedly approach the valuation of US$ 52 Bn. Driven predominantly by the transitioning lifestyle preferences of consumers, and increasing affluence across developing economies, the  global wall décor  landscape reflects moderate growth prospects for the next few years. As indicated by a recent intelligence study published by Future Market Insights, the expanding tourism and hospitality sectors continue to play a pivotal role in boosting the consumption of wall décor products worldwide, especially in the commercial sector. Moreover, the evolving structure of interior designing and thereby the growing significance, catalyze the global sales of wall décor and related products. The market is currently witnessing a thriving trend of introduction of specialty wall décor items that suit distinct consumer segments and demographics, which prompts at a high potential ye

Down and Feather Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2022 2031

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  Growth of the home décor sector and rising significance of high-quality, comfortable, and luxurious insulation in bedding products and apparel are propelling the sales of  down and feather products . According to a recent report by Future Market Insights (FMI), the down and feather market is expected to surpass a valuation of US$ 13.9 Bn at a CAGR of over 7.7% through 2031. Innovations in technology including better processing units, advanced machinery for dusting, cleaning, and processing over traditional methods have played key roles in the industry. For instance, Chun Li International Co., Ltd. increased its production capacity to improve their in-house production facilities for pre-dedusting, washing, spin-drying, drying, cooling/de-dusting, sorting, and blending that helps save on additional costs to the company. Synthetic insulations are no longer popular in the residential sector, owing to the fact that they are hydrophobic and chemical textile fibers that are non-renewable in

Skin Lightening Products Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 - 2031

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  The global  skin lightening products market   is estimated to reach US$ 1586 Bn by 2031, as per a study by Future Market Insights. Manufacturers and brand holders identify product’s efficiency and effectiveness as exceedingly important factors to convert the product’s unique selling proposition (USP) into a bigger market share. According to the report, the rising cases of melasma are among leading factors enabling skin lightening products sales. Melasma can be defined as acquired hyperpigmentation on the skin, and occurs due to a number of reasons, such as genetic predisposition, ultraviolet radiation, hormonal factors, and drugs. Topical therapies along with minimally invasive surgeries are becoming extremely popular in the treatment of melasma across the globe. However, the latter being expensive, a larger consumer base is adopting topical therapies for the treatment of hyperpigmentation. Topical therapies include medically prescribed or over-the-counter drugs, including several cr

Blanket Market: Notable Developments & Geographical Outlook

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  Increasing preference for luxury bedding such as light-weight blankets will push sales in the global  plush blanket market . According to a recent report by Future Market Insights (FMI), the plush blanket market is expected to surpass a valuation of US$ 418.8 Mn in 2021 and at a CAGR of over 5.4% through 2031.High focus on home decoration and willingness to spend on interior décor items will emerge as chief growth drivers. Interior decoration and themed houses are turning trendy and for elegance and comfort, people are spending on fashionable and comfortable plush blankets. To capitalize on this trend, some of the leading market players have been aggressively investing in promotional campaigns and advertisements. Some of focusing on innovative product launches such as the launch of non-toxic and sustainable plush blankets. Customers are becoming eco-conscious and drawn to non-toxic and non-allergic blankets. The bedding quality and material used has gained popularity, especially amon

According to Future Market Insights (FMI), the women’s footwear market is estimated to reach a value of US$ 178.4 billion in 2022 and grow at a CAGR of around 4.2 percent through 2027. Attribute Details Estimated Women’s Footwear Market Size 2022 US$ 178.4 Bn Projected Women’s Footwear ( 2027) Market Size US$ 219.5 Bn Value CAGR (2022-2027) 4.2% Women’s Footwear Market Top Players Share in 2021. 5%-10% Key Points Covered in Women’s Footwear Market Survey Market estimates and forecast 2013-2027 Key drivers and restraints impacting market growth Segment-wise, Country-wise, and Region-wise Analysis Competition Mapping and Benchmarking Brand share and Market Share Analysis Women are often concerned about their physical body shapes, and they engage in a variety of activities to maintain their fitness, including trekking, gym training, yoga, aerobics, and so on. Maintaining healthy behaviors, controlling stress, and getting additional assistance are all vital, according to the Centers for Disease Control and Prevention, especially during COVID-19. Regular exercise, decent sleep habits, and avoiding excessive alcohol consumption are all simple methods to maintain healthy behaviors. Manufacturers were motivated by growing worries about physical health among women consumers, thus market players produced smart shoes for both men and women. Nike, for example, released the groundbreaking self-lacing HyperAdapt 1.0 sneakers in 2018. Pressure sensors in the soles detect when the foot should be inserted and trigger an algorithm that allows for automatic lacing. The shoes have built-in LEDs that can alert the wearer about low battery or a tight fit. Furthermore, these shoes do not require daily charging and may be charged for up to two weeks. Furthermore, numerous footwear makers have implemented a 3D manufacturing technique, which has changed the sector. 3D printing has become a new buzzword among enterprises that make real items. This trend could not be avoided by the footwear business. Several footwear startups have invested in the development of 3D printing technologies for manufacturing. Feetz, a custom shoe company based in the United States, built its own 3D printer utilizing a fused filament creation technology. 3D printing is also gaining popularity due to its low environmental impact. Women’s footwear can also be 3D printed, and companies that use 3D printing technology have the possibility to flourish. Key Takeaways from the Women’s Footwear Market Study As people’s lifestyles get more ‘healthy,’ and traditional dress codes become more relaxed and casual, it’s likely that sporty, comfy, and casual women’s footwear will continue to dominate the market. The demand for women’s footwear is quite high and growing at a rapid rate. Women’s footwear is being targeted by major footwear firms, and the women’s footwear business is being strengthened through particular advertising and branding. Impact of COVID-19 on the Market The COVID-19 outbreak wreaked havoc on a variety of businesses around the world, including the women’s footwear industry. Due to combined effect of outlet closures and frugality as a result of rapidly deteriorating economic circumstances, the discretionary character of footwear rendered it one of the most significantly damaged businesses by the pandemic. Due to the availability of online shopping and doorstep delivery, the women’s footwear market saw a boom in demand in the mid-months of 2020. Who is winning? Leading manufacturers of women’s footwear are focused on aggressive promotional strategies and advertisements that have driven sales growth of women’s footwear globally. Major players present in the women’s footwear market are Nike Inc., Adidas AG, Puma SE, Skechers U.S.A. Inc., Under Armour Inc., Wolverine World Wide Inc., Crocs Inc., ASICS Corporation, Deichmann SE, The ALDO Group Inc. among others. Get More Valuable Insights Future Market Insights, in its new offering, provides an unbiased analysis of the global women’s footwear market, presenting historical demand data (2013-2021) and forecast statistics for the period from 2022-2027. The study divulges compelling insights on the women’s footwear market based on the product type (casual shoes, boots, heels & pumps, sandals, flip flops & slippers, sports shoes, safety shoes), by base material (rubber, leather, plastic, velvet, textiles and others), by sales channel (hypermarkets/supermarkets, speciality stores, multi-brand stores, direct sales, 3rd party online retailers and other sales channel), across each of the seven major regions. Information Source:  https://www.futuremarketinsights.com/reports/womens-footwear-market

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  According to Future Market Insights (FMI), the  women’s footwear market  is estimated to reach a value of US$ 178.4 billion in 2022 and grow at a CAGR of around 4.2 percent through 2027. Attribute Details Estimated Women’s Footwear Market Size 2022 US$ 178.4 Bn Projected Women’s Footwear ( 2027) Market Size US$ 219.5 Bn Value CAGR (2022-2027) 4.2% Women’s Footwear Market Top Players Share in 2021. 5%-10% Key Points Covered in Women’s Footwear Market Survey Market estimates and forecast 2013-2027 Key drivers and restraints impacting market growth Segment-wise, Country-wise, and Region-wise Analysis Competition Mapping and Benchmarking Brand share and Market Share Analysis Women are often concerned about their physical body shapes, and they engage in a variety of activities to maintain their fitness, including trekking, gym training, yoga, aerobics, and so on. Maintaining healthy behaviors, controlling stress, and getting additional assistance are all vital, according to the Centers fo

Electric Toothbrush Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2022 2027

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  According to the market report published by Future Market Insights titled  ‘ Automatic Electric Toothbrush Market  2022 Outlook, Current and Future Industry Landscape Analysis 2027  the revenue generated from electric toothbrushes is estimated to be valued at over  US$ 3,483.3  Mn in 2019, which is projected to increase at a  CAGR of 7.4%  during the forecast period (2019–2027). High prevalence of periodontal diseases and increasing awareness about the advantages of Automatic Electric Toothbrush Market are prominently driving the market. Increase in awareness about oral hygiene, periodontal diseases such as plaque build-up to increase the life of the teeth are among factors driving the global Automatic Electric Toothbrush Market. Growing oral health concerns among senior citizens, patients, and children owing to periodontal diseases are promoting the usage of oral hygiene products,. which is generating high demand for electric toothbrush in the global market. Research Highlights: Glo

Middle East Home water softener Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2022 2031

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  The Middle East Home water softener Market   is expected to record a robust CAGR of 9% from 2017 to 2027 and cross a value of US$ 56 billion by that time. Water is essential to the survival of all living organisms and it is simultaneously one of the scarcest resources. Large-scale urbanization, rampant use of pesticides, and natural pollutants present in some water bodies have contaminated these sources of life, rendering them unfit for human consumption. Future Market Insights in its report titled ‘Middle East Home water softener Market Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027)’ has comprehensively analysed the global Water treatment systems that is expected to record a robust CAGR of 9% from 2017 to 2027 and cross a value of US$ 56 billion by that time. The APEJ region now accounts for 3/5th of the global population and is growing rapidly. A UNICEF report estimates that the growth rate far there outpaces that of the number of people gaining access

Middle East Home Water treatment solutions Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 - 2031

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  The global Middle East Home Water treatment solutions Market is expected to record a robust CAGR of 9% from 2017 to 2027 and cross a value of US$ 56 billion by that time. Water is essential to the survival of all living organisms and it is simultaneously one of the scarcest resources. Large-scale urbanization, rampant use of pesticides, and natural pollutants present in some water bodies have contaminated these sources of life, rendering them unfit for human consumption. Future Market Insights in its report titled ‘Middle East Home Water treatment solutions Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027)’ has comprehensively analysed the global Water treament devices that is expected to record a robust CAGR of 9% from 2017 to 2027 and cross a value of US$ 56 billion by that time. The APEJ region now accounts for 3/5th of the global population and is growing rapidly. A UNICEF report estimates that the growth rate far there outpaces that of the numb

Sales of contact lens Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 - 2029

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  The global Sales of contact lens Market  is set to reach US$ 12.5 Bn in terms of revenues by the end of 2029. A new Future Market Insights (FMI) study reveals that the Sales of contact lens Market will see a moderate CAGR over 2029. Soft contact lenses are the most prescribed contact lenses, while toric lens designs are significantly gaining popularity over the recent past. The latter are gaining traction attributing to their properties to correct mixed astigmatism. Moreover, these lenses are fashionable, serve various purposes owing to their anti-radiation (block UV rays) properties, and abilities to filter dim lights and work on miniature components. Demand for silicone hydrogel contact lenses is also on a constant rise, as they reduce the risk of hypoxia related eye problems. Key Takeaways — Sales of contact lens Market North America is expected to retain its dominant position in the global Sales of contact lens Market due to high adoption of contact lenses, high demand for brande

Smart Footwear Market: Notable Developments & Geographical Outlook

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  As per newly released data by Future Market Insights (FMI), the Smart Footwear Market  is estimated at  US$ 231.4  Mn in 2022 and is projected to reach  US$ 608.2  Mn by 2032. The market grew at a CAGR of  7.6% from 2016 to 2021. The Smart Footwear Market holds a minor amount of share of ~0.5% in the overall footwear market, but it is anticipated to alter over the next decade.Close to half a million pairs of smart shoes were sold in 2022, as indicated by a recent study of Future Market Insights (FMI). An average 22% Y-o-Y growth is envisaged for the revenue of smart shoe market, over the coming years. More than 1/3rd of the global sales of smart shoes is accounted by North America, followed by Europe. FMI’s report prompts at significantly high potential for smart shoe market in APEJ. Key Points Covered In The Smart Shoe Market Report Key drivers and restraints impacting market growth Segment-wise, country-wise, and region-wise analysis Competition mapping and benchmarking Brand sha

Connected Toothbrush market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 - 2027

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  According to the market report published by Future Market Insights titled  ‘ Connected Toothbrush market  2022 Outlook, Current and Future Industry Landscape Analysis 2027ic Toothbrush Market : Global Industry Analysis and Opportunity Assessment 2019–2027 ’ the revenue generated from the Connected Toothbrush market is estimated to be valued at over US$ 3,483.3  Mn in 2019, which is projected to increase at a  CAGR of 7.4%  during the forecast period (2019–2027). High prevalence of periodontal diseases and increasing awareness about the advantages of Connected Toothbrush market are prominently driving the market. Increase in awareness about oral hygiene, periodontal diseases such as plaque build-up to increase the life of the teeth are among factors driving the global electric toothbrush market. Growing oral health concerns among senior citizens, patients, and children owing to periodontal diseases are promoting the usage of oral hygiene products,. which is generating high demand for

Middle East residential Water treament devices Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 - 2031

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  The global  residential Water treament devices market   is expected to record a robust CAGR of 9% from 2017 to 2027 and cross a value of US$ 56 billion by that time. Water is essential to the survival of all living organisms and it is simultaneously one of the scarcest resources. Large-scale urbanization, rampant use of pesticides, and natural pollutants present in some water bodies have contaminated these sources of life, rendering them unfit for human consumption. Future Market Insights in its report titled ‘Residential Water treament devices Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027)’ has comprehensively analysed the global Water treament devices that is expected to record a robust CAGR of 9% from 2017 to 2027 and cross a value of US$ 56 billion by that time. The APEJ region now accounts for 3/5th of the global population and is growing rapidly. A UNICEF report estimates that the growth rate far there outpaces that of the number of people g

Global contact lenses market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 - 2029

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  The global Global contact lenses market  is set to reach US$ 12.5 Bn in terms of revenues by the end of 2029. A new Future Market Insights (FMI) study reveals that the Global contact lenses market will see a moderate CAGR over 2029. Soft contact lenses are the most prescribed contact lenses, while toric lens designs are significantly gaining popularity over the recent past. The latter are gaining traction attributing to their properties to correct mixed astigmatism. Moreover, these lenses are fashionable, serve various purposes owing to their anti-radiation (block UV rays) properties, and abilities to filter dim lights and work on miniature components. Demand for silicone hydrogel contact lenses is also on a constant rise, as they reduce the risk of hypoxia related eye problems. Key Takeaways — Global contact lenses market North America is expected to retain its dominant position in the global Global contact lenses market due to high adoption of contact lenses, high demand for brande

Connected footwear Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2022 -2032

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  As per newly released data by Future Market Insights (FMI), the Connected footwear Market  is estimated at  US$ 231.4  Mn in 2022 and is projected to reach  US$ 608.2  Mn by 2032. The market grew at a CAGR of  7.6% from 2016 to 2021. The Connected footwear Market holds a minor amount of share of ~0.5% in the overall footwear market, but it is anticipated to alter over the next decade.Close to half a million pairs of smart shoes were sold in 2022, as indicated by a recent study of Future Market Insights (FMI). An average 22% Y-o-Y growth is envisaged for the revenue of smart shoe market, over the coming years. More than 1/3rd of the global sales of smart shoes is accounted by North America, followed by Europe. FMI’s report prompts at significantly high potential for smart shoe market in APEJ. Key Points Covered In The Smart Shoe Market Report Key drivers and restraints impacting market growth Segment-wise, country-wise, and region-wise analysis Competition mapping and benchmarking B