Friday, 10 July 2020

Battery Operated Lights Market Latest Trends And Demand Forecasts By 2027

Battery operated lights are witnessing a notable increase in demand and this is set to lead to growth in the global battery lights market over the period starting 2019 and ending 2027. As per Transparency Market research factors such as technological advancement and growing awareness regarding benefits of these lights over traditional ones is driving market forward in a major way. Governments are also contributing to this growth by ways of rebates and incentives. Besides, factors such as easy installation and energy efficiency are also adding to the popularity of battery operated lights, making demand arise from both residential as well as commercial areas.  It is also pertinent to note here that Europe would be a notable region in the market over the forecast period.

Global Battery Operated Lights Market: Competitive Landscape

The global battery operated lights market is a competitive landscape with players operating here deploying a host of strategies that promise growth. Such measures often include a sharp eye on technological advancement and its adoption, forging strategic alliances, which are mutually synergistic. Product development and improvement is often noted in the market and it does keeps the market dynamic.

The market for global battery operated lights has a fragmented vendor landscape owing to existence of a number of solid market players. Some of the most competitive names in the global battery operated light market are:

  • Philips, General Electric
  • QTOP USA
  • MR Beams
  • Bellolite
  • American Lighting, Inc.
  • Lighting EVER (Home EVER Inc.)
  • S4Lights

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Global Battery Operated Lights Market:  Key Trends and Drivers

Plenty of growth factors are seen marking the landscape of global battery operated lights market. The trends and drivers are quite varied and are set to keep the market buoyant. Transparency Market Research’s upcoming report, a comprehensive analysis of growth dynamics, delineates these on the granular level. A deep-dive into the prominent ones is provided below:

  • Portability of these batteries is a major booster in their popularity. Besides, they are lightweight and easy to install, making them highly popular among people looking for festive lights or seasonal wall hangings or party wall mountings. These are therefore often seen in stairways and even commercial buildings.
  • Battery operated lights are witnessing an increase in demand due to certain government initiatives such as those that are seeking replacement for traditional lamps. These are giving a massive boost to LED products. Rebates and incentives are seen marking the landscape for battery operated lights, driving the market forward in a major way.

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Global Battery Operated Lights Market:  Regional Analysis

Robust technology infrastructure, and increase in awareness regarding benefits of using battery operating lights are the factors that are attributable to the massive claim of regions of North America and Europe. Certain government schemes and initiatives are also contributing positively towards growth in demand for battery operated lights in these regions. Europe 2020 plan is one such pertinent example here. The Asia Pacific (APAC) region will also present itself as a lucrative market owing to factors such as heavy concentration of manufacturers. China is a hub for such manufacturing and will therefore be a notable contributor to growth over the forecast period. Online sales is catching up in this region, promising much growth and a slew of untapped opportunities. Players will therefore have a sharp eye on the region over the forecast period.

Liquid Soap Market Size Survey by 2020-2028

The global liquid soap market is poised to grow at a stupendous pace during the forecast period of 2019 to 2028. This growth is attributed to rising awareness about personal hygiene among adult population from all across the world. Liquid soaps have low PH levels. This makes them gentle and suitable for all skin types including sensitive skin. Owing to all features, the global liquid soap market is witnessing stupendous demand avenues from major population in the world.

An upcoming research report from TMR on the liquid soap market provides detailed analysis of key elements that support or hinder the market growth. Apart from this, it offers dependable data on volume, shares, revenues, key players, and probable growth avenues in the market for liquid soap. Thus, the report is a valuable guide offering data on the global liquid soap market for the forecast period of 2019 to 2028.

The global liquid soap market is segmented on the basis of various key factors such as product, application, distribution channel, and region. Based on distribution channel, the market for liquid soap is classified into connivance store, supermarkets and hypermarkets, online, and others.

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Global Liquid Soap Market: Growth Dynamics

Majority of people today from all across the world are inclined toward using liquid soap instead of other options including soap bars. Key reason behind this shift is the ability of liquid soaps to retain over 30% of skin moisture. Owing to this factor, liquid soaps are considered suitable for dry skin as well. People today are more aware about the importance of personal hygiene. This factor has motivated major global population toward spending on personal hygiene. As a result, players from the global liquid soap market are witnessing remarkable sales avenues.

Vendors working in the global liquid soap market are pouring efforts to offer innovative products with a wide range of fragrance choices. Apart from this, a wide range of population is inclined toward the use of handcrafted and homemade shops. The process of manufacturing these products is comparatively unsophisticated. In addition to this, their production cost is insignificant. As a result, there is considerable growth in the number of small-scale private companies in this market. This factor is helping in the expansion of the global liquid soap market.

Global Liquid Soap Market: Competitive Analysis

The global liquid soap market is fairly fragmented in nature. Presence of many regional and international players connotes that the competitive landscape of the market for liquid soap is highly intense. Vendors working in this market are using diverse strategies to gain the leading position. Many companies are growing their investments in research and development activities. These moves are helping them to introduce superior quality products. Apart from this, major vendors are utilizing online sales channels for the sales of their products. All these moves indicate that the global liquid soap market will expand at prodigious rate during the forthcoming years.

Natural Cosmetics Market Future Forecast 2020-2025

The assessment period from 2019 to 2027, the global natural cosmetics market will grow at a robust rate, taking the market worth up and producing new opportunities of growth to present to the market players marking its landscape. One of the most prominent factors leading to growth in the market is growing preference for eco-friendly products. Technological innovation is also taking the market towards a higher trajectory. Marketing initiatives highlighting benefits of using natural cosmetics is also helping the market grow.

Global Natural Cosmetics Market: Competitors Landscape

The global natural cosmetics market is rife with notable developments – a product of proactive measures taken by its numerous players, operating its playfield, driving the growth trajectory upward and forward. The fragmented vendor landscape has the following key players marking its competitive landscape:

  • Burt’s Bees
  • 100% Pure
  • Korres S.A.
  • Bare Escentuals Beauty Inc.
  • L’Oréal SA
  • AVEENO
  • Weleda AG
  • Arbonne International LLC
  • Avon Product Inc.
  • Coty Inc.
  • Tata Harper

The market players resort to a variety of growth strategies in order to battle out stiff competition. These include both organic and inorganic moves by these players. Some of these include a sharp focus on marketing, forging key alliances, and product improvement. A number of brands are directing efforts towards use of new and better ingredients – a measure to launch new products with a potential to capture a higher market share. Therefore, it does not come as a surprise that technological advancement and research and development are key growth determinants in the market

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Global Natural Cosmetics Market:  Key trends and drivers

A number of growth factors are marking the market landscape of natural cosmetics. One of the most prominent ones is growing perception among the consumers that these do not have any side effects. An overview of other prominent trends and drivers is provided below:

  • Increase in disposable income, particularly in developing regions of the world, is a significant factor of growth in the global natural cosmetics market over the forecast period. As affordability increases, people switch to premium products. This is a result of nations doing well on the economic front, pacing way for improved lifestyle.
  • Social media is a critical influence over people. As a number of influencers take to promotion of natural and organic products, demand curve for natural cosmetics market sees an upward curve. Additionally, it is quite significant to note here that a higher, more difficult to attain standard of beauty has also been established by social media. This is leading people to better care of themselves – their skin, hair, etc. This is a significant growth propeller in the global natural cosmetics market.

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Global Natural Cosmetics Market:  Regional Analysis

Europe has been a significant region in the global natural cosmetics market, owing to numerous reasons. The trend of dominance is set to continue into the forecast period. This will translate to a number of gainful growth opportunities in the region for market players to make the most of. It is significant to note here that the dominance is primarily an outcome of ban imposed by European Union on 1300 chemicals that were used in cosmetic products. Additionally strict laws regarding proving efficacy of products are also contributing to this growth positively. Improved momentum in the beauty industry of Asia Pacific region is also set to generate a slew of new and lucrative opportunities of growth over the forecast period.

Digital Door Lock System Market Research Report With COVID-19 Update

An up to date intelligence report compiled at the headquarters of Transparency Market Research (TMR) has projected the demand in the global digital door lock system market to augment at a remarkable CAGR of 34.7% during the forecast period of 2017 to 2024. In terms of value, the digital door locking systems market is estimated to be worth US$11,230.0 mn by 2024, mounting rapidly from its evaluated valuation of US$1,481.8 mn as of 2017. Volume-wise, a demand for 258,101 units of digital door lock systems is foreseen by the end of 2024.

Local Vendors Eating into the Shares of Global Players

Besides providing figurative analysis into the lucrativeness of different segments of digital door lock system, and revealing demand-potential of important regions and countries, the report has a featured section on vendor landscape. The analyst of this business study has detected a highly competitive scenario, attributing it to the low entry barriers of the market. There is strong presence of domestic and country-wide players as the technology is now quite accessible. These players are expected to continue eating a significant chunk of shares in the digital door locking system market in the near future.

That being said, a few well-established and global companies do hold a position of moderate strength over regional and localized players, providing for a diverse portfolio and top-notch technology. The report profiles quite a few prominent companies operating in the global digital door lock system market, including Honeywell International, Inc., Siemens AG, the ASSA Abloy Group, Hitachi Ltd., Cisco Systems, Inc., and Godrej & Boyce.

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Going forward, acquisition of promising smaller players is expected to be a key strategy of the market leaders to increase their shares, as it helps them strengthen their supply chain as well as enhances their product portfolio. Pioneering advancements to leverage cloud-based and Bluetooth technologies is also anticipated to be a mode of carving a niche in the market for the financially stronger players.

On the basis of product type, the report segments the market for digital door lock system into keypad lock including magnetic stripe, electric strike, and electromechanical door, and biometrics, which has been further sub-segmented into the recognition of fingerprint, voice, face, signature, iris, and palm. Based on end-users, the digital door locking systems market has been bifurcated into residential, commercial, industrial, and government. Geographically, North America and Europe are currently providing for the most prominent chunk of demand. However, the region of Asia Pacific is primed to generate demand at an above-average CAGR during the forecast period of 2017 to 2024.

Mushrooming SMEs Driving Demand

Growth of small and medium enterprises (SMEs) across the world, particularly in the BRICS nations, is the primary driver of the global digital door lock system market. These systems enables SMEs to allow grant controlled access to their labor force, which goes a long way towards achieving greater efficiencies. In addition to the mushrooming of SMEs in the commercial sector, the global digital door locking system market is gaining traction from government emphasis on building smart cities. Building and construction companies are now equipping their apartments with modern locking systems to lure newer customers. As the awareness regarding the benefits offered by these system spreads, the market is expected to prosper. On the other hand, high cost of these systems is the most prominent restraint that is holding the market from flourishing.

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Key Takeaways:

  • Global digital door locking system market is estimated to be worth US$11,230.0 mn by the end of 2024
  • A few players are mildly ahead of the curve in a highly fragmented competitive landscape.
  • Innovation and strategic acquisition is foreseen as the key modes for greater shares.

Flea and Tick Product Market Size by Regions

The demand within the global flea and tick products market is expected to rise with growing adoption of pets across the globe. The comfort of their pets is the top-most priority for pet-owners. The use of flea and tick products ensures the wellbeing of dogs, cars, and other pets. The adoption rate of dogs and cats has increased over the past decade, and flea products are most commonly used for these two animals. Hence, the global flea and tick products market is projected to accumulate increased revenues in the years to follow. 

Several new investment entities have emerged within the global flea and tick products market. The investing entities in the global flea and tick products market have weighed the favourable dynamics of investment against the unfavourable ones. Furthermore, these entities have also conducted rigorous sampling and analysis of pet owners to determine the lucrative prospects within the flea and tick products market. The propensity of the masses towards providing a high standard of living to their pets has also given a thrust to market growth. 

Transparency Market Research (TMR) predicts that the global flea and tick products market would expand at a stellar pace in the years to follow. The CAGR of the global flea and tick products market for the duration between 2018 and 2026 is estimated to be 9.75%. Furthermore, the total value of the global flea and tick products market is projected to touch US$ 10,115.21 Mn by 2026. The most distinct driver of demand within the global flea and tick products market is the rising incidence of flea infections in dogs and cats. 

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 Growing Pet Ownership to Propel Market Demand 

The adoption of pets, especially cats and dogs, has gathered swing across several western regions. 36.5% of people in the US own a dog, while 30.4% of the people pet cats. These figures are important for market vendors who are planning to expand their operations to the US. Furthermore, the sense of satisfaction associated with petting of animals has also played a vital role in the growth of the global flea and tick products market. The revenue index of the global flea and tick products market is expected to improve by leaps and bounds in the years to follow. 

Advancements in the Domain of Veterinary Care 

The rising number of veterinary practitioners has made it easier for pet owners to determine the kind of flea that affects their pet. Hence, the global flea and tick products market is projected to become a haven of opportunities in the years to follow. Furthermore, proper veterinary care ensures that pet owners buy the right products for their pets. This factor has given a thrust to the demand for specialised flea and tick products. 

North America to Lead Market Growth 

On the basis of geography, the global flea and tick products market can be segmented into North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. The flea and tick products market in Europe is expanding on account of the growing adoption of pets in the region. Furthermore, the growing propensity towards adoption of dogs in China and India has given a thrust to the Asia Pacific market. 

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Some of the leading vendors in the global flea and tick products market are Bayer AG, Ceva Sante Animale S.A. (Libourne, France), and Sergeant’s Pet Care Products, Inc. 

Luxury Handbag Market Report and Growth Forecast 2026

According to a new market report published by Transparency Market Research titled ‘Luxury Handbag Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global luxury handbag market is expected to reach a value of US$ 35,075.3 Mn by 2026. The market is estimated to expand at a CAGR of 10.0% during the forecast period from 2018 to 2026. In terms of volume, the market is expected to reach over 152,985.1thousand units at a CAGR of approximately 9.0% by 2026.

The luxury handbag market in Asia Pacific is projected to expand at a rapid pace during the forecast period. According to the report, the global luxury handbag market is experiencing high-paced expansion in its size and valuation due to the growth in the e-commerce retail market which is driving the luxury handbag market at present and a similar trend is anticipated to be witnessed over the forecast period.

One of the biggest drivers of the luxury handbag market is increasing population of working women and changing male preference for buying various types of handbags. Luxury handbags are an important accessory in day to day life. Luxury handbags include shoulder bags, satchel bags, handheld bags, sling bags, tote bags, hobo bags, backpacks, wallets, and others. These type of bags are used by both men and women.The demand for luxury handbags is much higher in developing countries and is anticipated to continue rising over the next few years.

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The luxury handbag market can be segmented based on type, material, gender, and distribution channel. Based on type, the market can be categorized into handbag, backpack, wallet, and others. The handbag segment accounted for a prominent market share in 2017 and is forecasted to continue its dominance in the coming years till 2026, as there are numerous varieties and types available in the handbag segment such as tote bags, hobo bags, sling, bags, etc., offering multiple buying options to the customer. In terms of material, the leather segment is expected to expand at a CAGR of over 9.5% to reach over US$ 10,000 Mn in the near future.

This is due to the fact that a stylish handbag made of leather is the first attention-grabber for the consumer. Leather is expected to be followed by the synthetic segment due to rising demand for customizable and unique designs which are more often used by women than men. In terms of gender, the market is largely dominated by women, and the segment is expected to expand at a steady pace as the foremost part of the total luxury handbag market is primarily generating revenue from the women’s segment.

However, the men’s segment is projected to grow at a faster rate in the coming years due to growing demand for male luxury products. Men have started spending more on luxury bags. Based on distribution channel, the market is currently dominated by the offline channel. However, in the near future, sales via the online channel are anticipated to rise at a fast pace owing to growing number of e-commerce platforms such as Amazon, Myntra, eBay, etc. Small manufacturers can sell their handbags through these platforms without investing in a standalone shop.

In terms of geography, Europe dominated the global luxury handbagmarket in 2017 with more than 25% market share and is expected to maintain its leading position in terms of revenue during the forecast period, followed by Asia Pacific. Asia Pacific is projected to be the fastest growing market in the coming years due to major contributions from countries such as China, India, Japan, Macau, and Hong Kong. Japan and China are the major contributors to the growth in this region due to the presence of a large manufacturing base. India is one of the most promising markets due to which luxury handbag players are making huge investments in luxury products, backed by the growing standards of living in the country. In addition, Asia Pacific is becoming a fast growing region with the rising GDP growth rates.

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Some of the leading players of the luxury handbag market are PVH Corp. (Calvin Klein), Compagnie Financiere Richemont SA (Chloe SAS), Furla S.p.A., GANNI A/S, Giorgio Armani S.p.A. (Armani), Loeffler Randall, Macy’s Inc., LVMH Moët Hennessy Louis Vuitton SE (Marc Jacobs Int. LLC), Michael Kors Holdings Limited, Rebecca Minkoff, Sungjoo Group (MCM), The Cambridge Satchel Company, MAUS Freres SA (The Lacoste Group), Vera Bradley Sales, LLC., MILLY NY, Tapestry, Inc. (Coach, Inc.), and Longchamp S.A.S. These players are competing against each other to increase their market share. For example, in July 2017, eight new Chloe stores were opened worldwide to increase its luxury handbag offering. Moreover, product development by offering multi functionality options in the handbag, business expansion, strategic partnerships, and opening new facilitiesare other key business strategy adopted by luxury handbag companies across different regions.

Industrial Protective Footwear Market 2020 Global Size, Status and Outlook

The global industrial protective footwear market is foreseen to expand at a steady CAGR of 4.1% from 2018 to 2027. By the end of 2027, the global industrial protective footwear market  is foreseen to reach around worth US$ 9,270.1 Mn. On the basis of volume, the market is prognosticated to expand at a CAGR of 5.5% within the forecast period from 2018 to 2027. The market is estimated to flourish with 163,013 ‘000 units by the end of 2027. 

Although leather footwear segment accounted for the highest market share in 2015, plastic footwear segment is expected to witness the fastest growth rate during the forecast period. This is attributed to their resistance against low temperature, crack, UV radiation, and waterproof nature. North America is a significant personal protection equipment (PPE) market in the world. Industrial protective footwear or safety footwear is part of PPE. 
 

Poor Working Conditions for factory workers to hamper Market Growth 

Quick advancement in different businesses has expanded workforce globally. But, factory workers face poor working conditions, expanded work hours, and employment instability. This highly affects the development of the market. Stringent government directions with respect to work environment security have brought about surged demand of industrial protective footwear. 

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Developing security requirements for labors in manufacturing and development parts should drive the size of industrial wellbeing footwear market. These industrial protective footwear give insurance against different dangers including moving machines, introduction to chemicals, falling items, and electrical contact. These shoes are fabricated in consistence with safety footwear models incorporating ANSI in the U.S. which may propelled the business development. 

Growing Industrial Mortality in Chemicals to Propel Demand 

Surged awareness towards security and health and labors alongside developing industrial fatality in chemicals, manufacturing parts and other development sectors inferable from absence of protection may propel the industrial healthcare footwear market development. These are intended to deflect and ensure slip resistance, foot fatigue, and give expanded help to the curve and impact point which are being fused in the footwear market, in this way stimulating the industry development. 

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...