Car Rental Market Future Prospects and Competitive Analysis Upto 2024

The competitive landscape of the car rental market is moderately fragmented in nature. This is mainly due to the presence of several international and domestic players in the market. The increasing dominance of giant players in the market is dragging the market towards consolidation, says Transparency Market Research(TMR). Some of the prominent players operating in the car rental market are Enterprise Rent-A-Car, Sixt SE, Europcar, The Hertz Corporation and Avis Budget Group.

The players in the market are primarily focusing towards enhancing their services so as to improve their customer base and gain profitability in the market. Along with this, players are focusing towards acquisitions and mergers, business expansion and innovation to strengthen their market share.

For instance, in March 2019, Sixt SE, a prominent player in the car rental market launched a mobility app in order to facilitates customers with several other services and boost personalisation. In the same way, in December 2018, The Hertz Corporation, incopated the use of a online platform called the Hertz Fast Lane in their servies.  This platform helps in carry out and speed up the entire vehicle rental process with the help of a biometric.  

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1633

According to TMR, the global car rental market is projected to witness a astonishing double digit CAGR of 14.40% during the forecast period that between 2014–2024. The opportunities in the market is projected to touch a valuation of US$290.07 bn by 2024. 

On the basis of geography, North America is expected to dominate the global car rental market during the forecast period. This is mainly due to the presence of several veteran players in the region. Based on transportation mode,  the airport transport segment is expected to  hold sway in the overall market, thanks to the significant rise to the air traffic and  rapid strides taken by industrialization in several parts of the world. 

Integration of Advanced Technologies in Mobile Application to Drive Market Growth

The global car rental market is projected to garner a remarkable growth rate in the coming few years. This is mainly due to the factors such as global upsurge in travel and tourism activities coupled with improving road infrastructure. Along with this, rise in disposable incomes, surge in leisure and business trips and increasing investments by the global players are some other factors expected to fuel the car rental market in the coming few years.

Read More Press Release@  https://www.prnewswire.com/news-releases/flexible-packaging-market-to-reach-us-358-7-billion-by-2024-rising-population-to-provide-a-significant-boost-in-global-flexible-packaging-market-states-tmr-844075988.html

Car rentals are the car services offered by players to the common people for a particular time duration at an agreed amount. Integration of advanced technologies such as  real time monitoring, GPS and digital transaction are some other factors that played a crucial role in the growth of the car rental market. 

Advent of Ride Sharing Application to Hamper Market Prospects

The growth in the car rental market is hampered due to the advent of ride sharing application which help professions offer rise to other profession is expected to impede market growth. Along with this, stringent governmental regulation towards the vehicle emission is projected to curb market growth in the car rental market  in various developing and developed nations.

Read More

Luxury Watches Market Trends, Comprehensive Analysis and Regional Forecast to 2025

Luxury watches are considered to be exclusive items and wearing them signifies status symbol for men and women. Rising brand preferences among the population is resulting in the noteworthy growth of the global luxury watches market. Manufacturers of luxury watches are focused on different marketing strategies in order to gain a larger part of the market share. Manufacturers understand the importance of using social media as a means to promote their products amongst the population. Upgrades, to visual merchandising in supermarkets and hypermarkets in order to grab customer attention is resulting in the high demand for luxury watches in recent years. Additionally, development of digital channels has become a new strategy among key players to lure more customer attention toward purchase of watches.

The global luxury watch market has been segmented on the basis of product type, gender type, and distribution channel. By product type, the global luxury watch market has been segmented into mechanical quartz and others. On the basis of gender type, the market has been segmented into women’s luxury watches and men’s luxury watches. Women’s luxury watches dominated the global luxury watch market owing to inclination of women toward fashion and luxury.

Men’s luxury watches are expected to show the fastest growth during the forecast period due to the rising trend of fashion among men. On the basis of distribution channel, the market has been segmented into two types - online retail channel and offline retail channel. Online distribution channel of the global luxury watches market showed the fastest growth rate owing to the rising penetration of different apps and presence of different brand options. Convenience that consumers derive from online shopping has also resulted in the high growth rate of the global luxury watch market.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38579

The global luxury watch market is mainly driven by the emerging fashion trends amongst the population. In addition, blend of traditional and modern style of watches has resulted in the rise in demand for luxury watches. Moreover, watches with smart technology are also propelling the growth rate of the market. However, high production cost is resulting to increase in inventory is restraining the global luxury watch market. Counterfeit products by different local players is also a major threat to the global luxury watch market.

Additionally, rising demand for premium quality luxury watches in developing regions such as Asia Pacific is projected to generate opportunity for the global luxury watch market during the forecast period.

In the region-wise study, the global luxury watches market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe which comprises Germany, France, Italy, the U.K., and Switzerland among the other countries dominated the global luxury watch market owing to the rising demand for premium quality products amongst the population.

Switzerland compared to the other countries in Europe dominated the market and also enjoys a position of monopoly. For instance, Rolex is considered to be the most valuable watch brand of Switzerland. Additionally, Asia Pacific which comprises China, India Japan, and Australia is likely to show the fastest growth rate during the forecast period. China compared to the other countries in Asia Pacific grabbed a larger part of the market share owing to the presence of large number of manufacturers.

Read More Press Release@  https://www.prnewswire.com/news-releases/bra-market-is-expected-to-reach-us-34-914-7-million-by-2026-noted-tmr-300802037.html ​​​​​​​

The luxury watch market comprises several key players who are highly competitive in nature. With the changing consumer tastes and preferences, manufacturers are focused on developing high end watches. Some of the major participants of this market include LVMH, Richemont, Swatch Group, Rolex, Burberry, Breitling, Festina, Fossil Group, Seiko Watch, Patek Philippe, and Chopard International among others.

Read More

Concrete Mixer Market Revenue, Trend and Cost Structure by 2020-2026

A concrete mixer homogeneously combines cement and other aggregates such as gravel, sand, and water to form concrete. It uses a revolving drum for mixing the components. The universal concrete use in engineering construction has resulted in placing variety of devices and machines for mixing the materials. These mixers need to employ distinct methods for measuring and mixing the concrete in the desired shape. Throughout the year, there are continuous maintenance and construction jobs in both urban and rural regions. Changing trends in the construction industry has resulted in refinement of the mixing technologies for concrete production as today’s industry increasingly requires shorter mixing times and consistent homogeneity for industrial production of the ready mix concrete (RMC) and pre-cast concrete.

In 2016, total construction spending increased 6.5% as compared to 2015, according to U.S. Census Bureau data. The construction spending for 2018 is expected to increase about 4.8% which is forecasted to be around US$ 773.1 billion. Commercial construction which includes offices, transportation terminals, and parking garages is anticipated to witness 12.4% growth throughout till 2021. Retail construction is expected to drop 2.8% in 2018 as compared to 16.5% decline in 2017. The AIA (American Institute of Architects) Consensus Construction Forecast Panel for the non-residential buildings construction is expected to grow by 3.8% on 2018.

The construction and engineering industry is slower to adopt new technologies and has never gone through a major transformation. Therefore, productivity has been stagnant since the last 40 years and even declined in some cases. These parameters are set to change very soon as profound modifications are being witnessed in the industry. Digitalization has added more construction project opportunities in incorporating systems of intelligent machines, digital sensors, mobile devices, and new software applications which are integrated with platforms of Building Information Modelling (BIM).

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=42599

Construction equipment purchases involve huge initial investment; as a result, medium and small enterprises are hesitant to buy new equipment. Renting the construction equipment helps these companies to utilize newer technologies without investing much on the equipment ownership, thus compelling manufacturers to follow leasing and rental techniques for promoting their concrete mixing equipment.

The concrete mixer market can be segmented by product into drum rotating mixer, diesel mixer, twin shaft mixer, non-tilting mixer, and tilting mixer. By end-use, the concrete mixer market is segmented into industrial, commercial, and residential uses. The industry can be further classified by region into Europe, North America, Middle East & Africa, Asia Pacific, and South America.

The Asia Pacific region is expected to have the highest CAGR from 2018 to 2026 as the construction rate is growing at a rapid rate in emerging economies such as India, China, Malaysia, Indonesia, and Vietnam. The increased focus on transportation network developments to encourage cycling and public transport use in Europe and North America is expected to drive the demand for concrete mixers over the forecast timeline.

Read More Press Release@  https://www.prnewswire.com/news-releases/water-purifier-market-witnessing-growth-due-to-rising-government-investment-for-industrial-water-purification---tmr-300855854.html ​​​​​​​

Economic events continue to impact the construction industry, resulting in several closures, consolidations, and acquisition activities. However, this industry has stabilized owing to economic growth and surging trends in infrastructure and housing sectors. Rising government spending on infrastructure development is responsible for the indirect growth of the concrete mixer market. The industry is highly competitive and vendors are constantly trying to develop and innovate new varieties of concrete mixers to cater to changing customer needs.

Industry participants in the concrete mixer market are Liebherr-International AG, Caterpillar, Sany Group, Sinotruk Hong Kong Ltd., Shantui Construction Machinery Co. Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd., and Terex Corporation.

Read More

Hair Oil Market - Latest COVID19 Impact Analysis Along with key industry Players

Hair oil is a hair care product particularly intended to keep the moisture balance of hair and is used as pre-wash and post-wash nourishment. Hair oil is considered as a conditioner to make the hair soft and silky. Hair oiling is a common traditional habit among consumers. As hair is extensively affected by harmful factors such as pollution, dust, and unhealthy eating habits, oiling the hair has become an integral part of hair care regime as oiling improves the texture and condition of hair. Hair oiling provide benefits of nourishment, strengthening the hair, reducing hair fall, and ensures faster growth. Many consumers believe that massaging with hair oil has a cooling effect on the head and it also helps in styling the hair, as it keeps hair straight, soft, and shining.

The hair oil market is anticipated to expand at a steady pace and will continue to do so during the forecast period, due to demand for healthy, manageable, and lustrous hair which drives the purchase decisions of most consumers. Hair oiling is a vital part of hair care routine and it efficiently deals with various issues such as hair fall/ loss, dandruff, dryness, and breakage. Moreover, manufacturers are increasing R&D activities for further improvement and enhancement of hair oils based on evolving consumer needs. Hair oils that includes natural ingredients in the formulation are experiencing high popularity and significant growth. Availability of more sophisticated shampoos and non-oil hair care products are likely to hamper the growth of the hair oil market. However, hair-oil companies are coming up with light hair oil such as avocado oil and olive oil that serve as an opportunity for the hair oil market.

The global hair oil market is segmented based on product type, application, distribution channel, and region. In terms of product type, the hair oil market is segmented into light hair oil, heavy hair oil, and cooling hair oil. The light hair oil segment is anticipated to grow at a fast pace as consumers are increasingly opting for hair oil which is light and non-sticky, and today’s generation seems to be attracted toward it. Based on application, the market is segregated into individual and commercial. The commercial segment is further bifurcated into beauty salon and spa. In terms of distribution channel, the hair oil market is categorized into hypermarkets/ supermarkets, specialty stores, online stores, and others (departmental stores, independent vendors).

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=45264

Based on region, the global hair oil market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is anticipated to dominate the global hair oil market and will also grow at a fast rate due to growing population, rising hair related problems, and escalating pollution levels resulting in baldness which will subsequently lead to demand for hair growth oil. Increasing number of people face hair and scalp problems such as hair loss, dry & damaged hair, split ends, and other issues. Furthermore, rising consciousness among youth about their hair appearance is supporting the market. The market in India is expected to be the fastest growing in the Asia Pacific region followed by China and Japan.

The hair oil market is highly fragmented with the presence of various players. Some of the leading manufacturers in the hair oil market are L’Oreal S.A., Coty, Inc., Unilever PLC, Marico Limited, Dabur India Limited, Emami Group, Procter & Gamble, Bajaj Corp Ltd., and The Himalaya Drug Company among others. Large multinational companies focus on providing superior quality hair oil and are also focusing on new product launches based on new formulations and innovations to cater to consumer demand as the new generation is opting for alternatives such as value-added light hair oils.

Read More

Catering Equipment Market Along With Covid-19 Impact Analysis and Business Opportunities Outlook 2026

Catering equipment is used to prepare, serve, and store food in hotels, restaurants, hospitals, cafes, and nursing homes. The global catering equipment market is expected to witness tremendous growth in the near future. Increasing number of hotels and restaurants, cafes and food joints, and hospitals and nursing homes are contributing to the growth of this market. Some of the catering equipment is also used to wash food items, utensils, and crockery.

The demand for catering equipment is driven by the overall improvement in an economy and the strong resilience of the hospitality sector. Key factors influencing the market include the increasing levels of consumer confidence and the very strong growth in the eating out sector. The market is expected to grow at a significant pace in the next few years due to product development with higher hygiene standards, the development of restaurant and hotel chains, and the demand for small and more sustainable products.

New product development is a major growth driver of demand for catering equipment. The current focus is directed toward the development of equipment and products that help to comply with health and hygiene, and safety regulations. Technological advancement such as wash zones or separate drawers to allow the dishwasher to run a half-load, steam cycles to clean, dry, and sanitize dishes in dishwashers, utensil cleaners etc., have also resulted in reducing the level of water usage.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=46092

Price competition, particularly from low value imports, and life-span of products is affecting the growth of the catering equipment market negatively. Longer life span of products reduces the replacement cycle. Absence of stringent government regulations is one of the major factors affecting the growth of the catering equipment market across the globe. Further, poor quality of low cost catering equipment, high cost of advanced equipment, and less demand in under developed countries acts as major restraints to the market.

The global catering equipment market can be segmented based on product type, end users, distribution channel, and geography. In terms of product type, the market can be classified into cooking equipment, food handling equipment, refrigeration equipment, food preparation equipment, and other catering equipment. Cooking equipment and food handling equipment are the two largest sectors of the market. The cooking equipment can be further segmented into grills, fryers, steamers, toasters, cookers, and others. Food handling equipment can be classified into food containers, food conveyors, cabinets, trolleys, and others.

Refrigeration equipment can be divided into freezers, chillers, refrigerators, and others. Food preparation equipment include mixers, peelers, cutters, etc. whereas other catering equipment include bar equipment, tea and coffee making equipment etc. Based on end-use, the market is segmented into full-service restaurants & hotels, quick-service restaurants, pubs, and caterers. In terms of distribution channel, the market can be divided into online and offline channels. Offline market is further segmented into hypermarket and supermarket, convenience store, and others. Geographically, the market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Read More Press Release@  https://www.prnewswire.com/news-releases/bra-market-is-expected-to-reach-us-34-914-7-million-by-2026-noted-tmr-300802037.html ​​​​​​​

Key players operating in the catering equipment market include Kohler Co., GE Appliances, Robert Bosch GmbH, Siemens AG, and DE&E Appliances Co., Ltd. Other prominent players include Ningbo Fotile Kitchen Ware Co., Ltd, Sakura, Space Group, Urban Ladder, Fabfurnish.com, FISSLER, Häcker Küchen, and Godrej & Boyce. There are also a large number of regional manufacturers of catering equipment, making the catering equipment market fragmented in nature.

Read More

Nail Polish Market Trends Analysis And Growth Forecast

Nail polish refers to nail varnish. It is a lacquer used to decorate the nails of the fingers or toes. Nail polish is also used for the protection of nail plates. It is generally available in multiple colors. The rise in the population of women has boosted demand for nail polish across the globe. Consumers are opting for nail polish based on their choice of nail art. Rise in the emphasis on nail care and usage of multi-color enamels on finger and toe nails by consumers are expected to drive demand for nail polish in the coming years. Factors such as increase in the popularity of fashion events and rise in awareness about grooming among women are also promoting the usage of nail polish.

In addition, women working in the corporate sector are concerned about their appearance and therefore wear nail polish. The global nail polish market can be segmented based on product, end-user, distribution channel, and region. Based on product, the market can be categorized into liquid nail polish and gel nail polish. In terms of end-user, the global nail polish market can be divided into individuals, nail salons or nail bars, and other beauty parlors. Based on distribution channel, the global nail polish market can be divided into online distribution channel and offline distribution channel. The offline distribution channel segment can be further classified into large retail store formats, independent retailers, and specialty stores.

In terms of region, the global nail polish market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. In North America, awareness about natural nail polish has propelled the usage of nail polish made with natural ingredients. Moreover, increase in awareness about grooming among women and rise in nail care fashion trends have fueled the demand for nail polish in North America. In Europe, nail polish has emerged as one of the integral parts of women’s fashion trends. Increase in professional nail care services across the region has boosted demand for nail polish. In Asia Pacific, increase in the adoption of nail care fashion trends has fueled the usage of nail polish.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=47355

Additionally, penetration of prominent players in the region has promoted the usage of nail polish through marketing campaigns. This is expected to propel the nail polish market in Asia Pacific. In Middle East & Africa, expansion in the retail sector and rise in celebrity endorsements for innovative nail care art are anticipated to drive the nail polish market during the forecast period. South America is also estimated to be an attractive region of the nail polish market, owing to an increase in the number of women. In addition, rise in awareness about innovative products and nail care fashion trends has fuelled demand for nail polish in South America.

Major drivers of the global nails polish market are acceptance of nail care fashion trends, endorsement for nail polish by celebrities, growth in the female population, rise in awareness about the importance of grooming, and increase in disposable income across the globe. However, a major restraint of the global nail polish market is health concerns about the harmful chemicals used for manufacturing nail polish that may led to digestive problems. Nevertheless, rise in demand for organic and natural nail polish, new product development, collaboration with nail salons, and penetration of e-commerce businesses are expected to create significant opportunities for the nail polish market.

Major players operating in the global sport nail market include Revlon, Inc., Essie Cosmetics, Ltd., L’Oreal Paris, Odontorium Product Inc., Creative Nail Design, Inc., Fiabila Cosmetics Co., Ltd., The Estee Lauder Companies, Inc., NARS Cosmetics, China Glaze, Cosmetic Industries, Inc., Sally Hansen, Inc., RGB Cosmetics, Vogue Cosmetics, Procter & Gamble Co., and Coty, Inc..

Read More

Commercial Aircraft Market - Current Scenario of COVID-19 & Forecast 2027

The global commercial aircraft market is on course to achieve a stellar growth in the coming years of the forecast period. As the global tourism flourishes and becomes accessible to more people, the airline companies will look to expand their fleets. Moreover, airline industry is becoming more customer oriented and thus is projected to upgrade to new generation of aircrafts to provide their customers with unique experiences. Such developments are thus projected to help in the overall development of the global commercial aircraft market.

Looking for exclusive market insights from business experts? Request a Custom Report here

Global Commercial Aircraft Market – Notable Developments

Some of the key developments in the global commercial aircraft market are given below:

• The global commercial aircraft market is mainly dominated by Boeing Company and Airbus SE. In December 2019, United Airlines Holdings Inc., one of the top airlines across the globe, placed a huge order of aircrafts with Airbus SE. United Airline places their first long-range A321neo jets with Airbus. The valuation of the deal is worth over US$7 billion.
• In November 2019, Emirates Airline and Boeing Company together a issued a statement in which they announced the Emirates have agreed upon purchasing 30 787-9 Dreamliner aircrafts. The value of the deal is expected to be around US$8.8 billion.

Global Commercial Aircraft Market – Drivers and Restraints

There are multiple factors that are helping to push the growth of the global commercial aircraft market. One of the biggest driving factor for the market growth has been the recent rise in the number of air traffic. Emerging economies in particular are contributing considerably in such matters and are thus fueling the development of the global market. Another important factor for the development of the global market has been the launch of new air routes for improving the global connectivity. It is causing the airline companies to expand their aircraft fleet. This is in turn helping to drive the demand for procurement of the next generation of commercial aircrafts. Furthermore, in recent years, there has been a considerable economic growth of the middle class population. This coupled with the growing trend and ever increasing popularity of global tourism is expected to fuel the development of the global market.

Want to know the obstructions to your company’s growth in future? Request a brochure here

Global Commercial Aircraft Market – Geographical Outlook

The global commercial aircraft market features a vast geographical landscape with five main regional segments. These regions are North America, Asia Pacific, Latin America, Middle East and Africa, and Europe. Of these segments, the region of Asia Pacific is currently leading the global commercial aircraft market. The dominance of the regional segment is because of the increasing number of aircraft procurement occurring there. In addition to this, recent rise in the amount of air passenger traffic is also helping to fuel the development of the market. Evolving nations such as India and China are experiencing massive developments in their domestic air traffic culture and are thus contributing in the overall development of the Asia Pacific segment of the commercial aircraft market. Moreover, introduction of next generation aircrafts and launch of new air routes are also helping to fuel the market growth.

Read More