Monday, 13 July 2020

Air Purifiers Market to Register Impressive Growth Rate as Demand Rambles During Lockdown

There are many factors that are driving the global air purifiers market. Growing motorization and industrialization has raised the pollution level at a rapid pace, which is expected to be a major driver of the global market. Increase in pollution has also fuelled instances of airborne diseases, which in turn, is also anticipated to boost the market. Rising health consciousness, along with the advancement in air purification technology, which has made air purifiers very effective against pollution, is expected to be a key driver of the market.

There are, however, some factors that are hampering the market’s growth. The high price of air purifiers have kept them out from the reach of the masses. These are positioned as luxury products rather than necessity, even in the most polluted regions in the world. This factor is estimated to be a major restraint of the market. Moreover, air purifiers also release harmful byproducts, which is anticipated to hamper the market. Furthermore, the high investment required for consistent R&D to stay ahead of the competition is also expected to hinder the market.

The market also has points of opportunities. Increasing internet penetration has opened new channels of sales such as Alibaba and Amazon for air filters. These new channels are advantageous to both end-users and vendors as they eliminate the role of middlemen in the value chain. Moreover, an increasing number of air purifier manufacturers are presently launching new models to cater to individual demands of different customers. Furthermore, favorable government initiatives are also expected to increase the sale of air filters.

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The global air purifiers market can be segmented based on technology, end-use industry, and geography. Based on technology, the market can be segmented into photo plasma, ultraviolet germicidal irradiation, thermodynamic sterilization (TSS), polarized-media electronic, activated carbon, ionizer purifiers, photocatalytic oxidation (PCO), titanium dioxide, ozone generators, and others. In terms of end-use industry, the market can be divided into commercial, residential, industrial, and medical. Based on end-use industry, significant demand is expected to come from business segment primarily driven by the HVAC industry. The residential segment is expected to expand at a prominent growth rate due to the consistent increase in consciousness about health and pollution.

Based on geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to hold a major share of the global market due to the presence of a large number of major industry players and rising health consciousness among people in the region. The market in the region is also expected to expand at a significant rate, due to the contribution of countries such as the U.S. and their increasing adoption of air purifiers.

Europe, primarily driven by high income population in developed economies, is expected to follow North America in terms of market share. Europe is expected to be followed by Asia Pacific in terms of market share. The market in Asia Pacific is anticipated to expand at a prominent growth rate due to the increase in pollution due to rising industrialization in the region. The region has numerous cities that are badly hit by rising vehicular pollution. China and India are expected to contribute significantly toward  to the expansion of the market in the region.

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Major players operating in the global air purifiers market are Alen Corporation, AllerAir Industries, Austin Air Systems Ltd., Beijing YADU Science & Technology Co., Ltd., Blueair AB, COWAY Co., LTD., Camfil AB, Daikin Industries, Ltd., Eureka Forbes Ltd, Honeywell International, Inc., IQAir, Jarden Consumer Solutions (Europe) Limited, Koninklijke Philips N.V. and LG Electronics Inc. Other prominent players of the market are Panasonic Corporation, Rabbit Air, Samsung Electronics Co. Ltd., Sharp Corporation, WINIX Inc., and Whirlpool Corporation.

Sauna Heaters Market Overview, Opportunity and Regional Forecast 2027

  • A sauna is a timber-lined room also known as sudatory, which is heated in order to heat the body of the person inside it. It provides experience of dry or heat sessions. Saunas are mainly found in health clubs, community centers, or local gyms. The main part of any sauna is a heater which has a specific design to produce high temperature at constant rate. Production of heat and steam are the two main functions of sauna heaters. The most common sauna heaters are electric heaters.
  • Sauna heater provides comforting heat and plenty of steam by adding water on the sauna rocks. Most sauna heaters are dry; traditional steam sauna needs some water every 2 to 6 minutes for steam production and to maintain humidity level according to the consumer’s preference. Benefits of sauna use include removal of toxins through sweating, and increased blood flow to the skin surface for blood circulation.

Key Drivers of the Global Sauna Heaters Market

  • Saunas are increasingly becoming popular across the globe not just in spas and gyms, but also in people’s homes. The driving factors of the sauna heater market are growing awareness of saunas and sauna bathing, increasing usage of saunas in new residential construction, and growth in commercial use.
  • The sauna and spa market is showing significant growth in recent years which is also an encouraging factor for the sauna heaters market. An increasing number of spas in developing countries also supports the growth of the sauna heaters market.

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Market in Asia Pacific to Expand Rapidly

  • In terms of geography, the global sauna heaters market can be divided into five regions North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the sauna heaters market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the sauna heaters market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America sauna heaters market is segmented into Brazil, and Rest of South America.
  • Currently, North America dominates the global market and is likely to continue its dominance in the coming years as well. However, the market in Asia Pacific is projected to expand at a significant growth rate during the forecast period, as emerging regions such as India and China are the foremost consumers of sauna heaters.

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Key Players Operating in the Global Market

Key players operating in the sauna heaters market are estimated to witness rising demand for sauna heaters during the forecast period, owing to the launch of latest sauna heaters that are expected to prompt customers to spend more on them. Manufacturers are focusing on the strategies of acquisitions, expansions, and collaborations with startup companies to gain significant share of the market. Additionally, manufacturers emphasize on driving consumer engagement by investing in product marketing, and in-store and online experience.

High-definition Audio Products Market Trends, and Forecast 2020-2027

  • High-definition audio products also known as high-resolution audio products is a technical and marketing term for audio greater than 44.1kHz sample rate or higher than 16-bit audio bit depth.
  • In layman’s terms, The Digital Entrainment Group, Consumer Electronic Association, and The Recording Academy together have defined high-definition audio products as lossless audio that is capable of reproducing the full range of sound from recordings that have been mastered from better than CD quality music sources.
  • The main benefit of high-resolution audio quality is the superior sound quality over compressed audio formats.

Key Drivers of the Global High-Definition Audio Products Market

  • Increasing demand for high quality music, especially among audiophiles is one of the key reasons for the growth of high-definition audio products. Additionally, increasing demand for high quality wireless audio technology and devices have prompted the growth of high-definition audio products worldwide.
  • Demand for such high quality wireless audio devices is not just from the residential segment but also from the commercial sector and niche segments such as security services and military departments. The automotive industry is also experiencing robust demand for high-definition audio speakers as well as music systems. This is helping in generating more traction for the growth of the high-definition audio products market.

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Affordability Issue of High-definition Audio Products Anticipated to Hamper the Growth of the Market

  • One of the key factors hampering the growth of the high-definition audio products market is its affordability. These products are expensive in nature owing to their application, primarily in the niche market. File size is another concern. Unlike a normal audio file, a high resolution audio file can be typically tens of megabytes in terms of size which quickly eats up the storage of the device. Added to this, numerous high-resolution audio file formats are available to choose from, all of which have their own compatibility requirements. All these factors restrain the growth of the high-definition audio products market.

Increasing demand for all surround systems and other audio devices to offer attractive opportunities for the growth of the high-definition audio products market

  • Increasing demand for sound bars and home theater systems in emerging economies could create lucrative opportunities for the growth of high definition audio products. Its commercial application especially in offices as well as in recreational spaces could also help in creating greater traction for the growth of the high-definition audio products market.

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Asia Pacific Offers Growth Avenues for the High-Definition Audio Products Market

  • Geographically, the high-definition audio products market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
  • North America and Europe boast some of the key manufacturers of high-definition audio products.
  • Asia Pacific on the other hand is a prominent region that is home to some of the top consumer electronic companies specialized in the audio industry.
  • Other regions such as South America and Middle East & Africa have strong potential growth for the high-definition audio products market.

Printer Ink Cartridge Market Split by Product Type and Applications

  • Printer ink cartridge is the component of an inkjet printer which contains the ink that is deposited onto paper while printing. Ink cartridges are manufactured according to the model of the printer. The colors of ink available are cyan, magenta, yellow, and black. While printing, the blend of these colors is used to produce different colors. The sensors in the printer indicate if the ink is insufficient. Printer ink cartridges are mainly made of two components: the body of the cartridge is the container for the ink and the print head is the other component which transfers the ink onto the paper during the printing process.   

Growing demand for printers in commercial industry to drive the global printer ink cartridge market

  • Growth in the education sector is likely to lead to increased use of printers which ultimately drives the printer ink cartridge market. The rise in number of educational institutions and growing awareness about education have increased the production of educational books, notebooks, etc. which has fueled the usage of printers. Also, printers are widely used in government organizations, offices, hospitals, etc. which positively impacts the printer ink cartridge market.

Technological innovations such as laser printers likely to hamper the sale of inkjet cartridges

  • Technological innovations such as laser printers can impact the ink cartridge market. Printer ink cartridges are used in inkjet printers, and toner cartridges are used in laser printers. The toner cartridge contains a powdered coloring agent which is used to deposit the color on paper while printing. The growth in usage of laser printers is expected to hamper the inkjet cartridge market.

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Asia Pacific to Lead the Global Printer Ink Cartridge Market

  • In terms of region, the global printer ink cartridge market can be divided into North America, Asia Pacific, Europe, Middle East & Africa, and South America.
  • North America further features country-level analysis for Canada, the U.S., and Rest of North America. Analysis and forecast of the printer ink cartridge market in Asia Pacific covers India, China, Japan, and Rest of Asia Pacific. Similarly, Europe includes markets across the U.K., Germany, France, and Rest of Europe. Middle East & Africa includes the printer ink cartridge market analysis and insights for South Africa, GCC countries, and Rest of Middle East & Africa. The South America printer ink cartridge market is segmented into Brazil, and Rest of South America.
  • Asia Pacific is likely to witness the maximum demand for printer ink cartridges from 2019 to 2027.
  • Leading manufacturers of printer ink cartridges have extensive distribution networks and wide product portfolios. Several printer ink cartridge manufacturers are focusing on innovation in product portfolio to increase sales and expand the customer base.

Coffee Machines Market Global Research Reports To 2025

Coffee machines are appliances used to brew coffee. Coffee machines work on various brewing processes. The process in which coffee machines use coffee grounds which are located in a metal strainer inside the pipe is the most common process. Thus, coffee machines save time and directly affect the taste of the coffee. Its application includes household, office, and commercial consumption.

There are various factors driving the global coffee machines market. Ease of use and consistent brewing results are some of the major factors responsible for growing demand for coffee machines globally. Continuously growing consumption of coffee in various regions of the world, rising disposable income, growing youth population, and the working class are propelling the demand for coffee machines. The demand for coffee machines is increasing rapidly owing to the expansion of coffee culture or the expansion of coffee shops and capsule systems.

Various types of coffee machines are available in the market,  boosting the global coffee machines market. Technological advancement is also driving the global coffee machines market. Demand for automatic coffee machines is increasing significantly, thereby boosting the growth of the coffee machines market. Smart coffee machines with Bluetooth or Wi-Fi connectivity is the recent trend in the global coffee machines market. These smart coffee machines can be accessed through smartphones and users can control it from anywhere inside the house and can also provide commands from a smartphone. However, high maintenance cost may hamper the global coffee machines market.

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The global coffee machines market can be segmented by product type, technology, end use, and geography. On the basis of product type, the global coffee machines market can be segmented into drip coffee machine, steam coffee machine, capsule coffee machine, and others. Capsule coffee machines segment is expected to expand at a significant rate owing to their growing demand. The demand for capsule coffee machines is increasing due to benefits provided by it such as convenience, cost effectiveness, and long life span.

On the basis of technology, the global coffee machines market can be segmented into semi-automatic coffee machines and fully automatic coffee machines. Fully automatic coffee machines segment is anticipated to expand rapidly owing to the increasing advancements in technology. Most of the companies in the market are offering smart coffee machines that can be controlled through smartphone by using Wi-Fi connectivity.

In terms of end use, the market can be segmented into commercial and residential. Commercial segment is expected to rise during the forecast period owing to the growing consumption of coffee and increasing workplaces. On the basis of geography, the global coffee machines market can be segmented as North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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The Asia Pacific region is anticipated to dominate the market over the forecast period owing to the increasing population, technological advancements, increasing disposable income, and growing number of workplaces. North America is also expected to contribute significant market share due to large number of coffee machine manufacturers and strong economy. Markets in emerging regions such as Middle East & Africa, and South America are expected to expand exponentially owing to the growing innovations and rapidly changing lifestyles.

The global coffee machines market consists of a large number of players. Some of the key players in the market includes BEHMOR, Jarden Consumer Solutions, Nestlé Nespresso, Koninklijke Philips, SMARTER APPLICATIONS, Auroma Brewing Company, e’Longhi Appliances, FANSTEL, POPPY, and REDMOND Industrial group, Keurig Green Mountain, Morphy Richards, Hamilton Beach, Panasonic, Delonghi, Electrolux, and Melitta.

Nappa Leather Market Vendors, Business Prospects and Forecast to 2027

  • Nappa leather is full grain smooth leather obtained from hides of different animals by a distinctive tanning process such as the use of chromium or aluminum salts. Full grain leather retains all the texture from the original hide. Nappa leather is usually made from lamb or sheepskin.

Key Drivers of Global Nappa Leather Market

  • Rise in demand for luxury cars, owing to increasing disposable income, is anticipated to drive the nappa leather market in the near future. Luxury automotive manufacturers are focusing on meeting the needs of customers. Thus, they are increasingly using leather in the interiors of automobiles in dashboards, seat covers, and door pockets.
  • Demand for various types of leather footwear, such as casual shoes, sneakers, and flats, is expected to boost the use of nappa leather, as it makes these footwear comfortable and enhances their strength

Footwear Segment to Dominate Global Nappa Leather Market

  • Significant growth in demand for nappa leather in the footwear industry, owing to its soft feel, texture, and finish, along with high durability is projected to propel the demand for nappa leather in the near future.

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Global Nappa Leather Market: Restraints

  • Environmental concerns regarding the impact of the tanning industry on the environment, such as high levels of water consumption and disposal of solid and liquid waste, are factors that are likely to hamper the market during the forecast period

Global Nappa Leather Market: Opportunities

  • Increase in demand for luxury leather goods related for electronic equipment, such as mobile covers, laptop sleeves, and camera covers, is expected to augment the global nappa leather market
  • Surge in use of high quality briefcases and handbags is driving the demand for nappa leather

Europe to Hold Significant Share of Global Nappa Leather Market

  • In terms of region, the global nappa leather market can be split into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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  • Europe is a dominant market for nappa leather. This can be attributed to thriving fashion industry, rising disposable income, and increasing demand for leather products, such as wallets and handbags, in the region.
  • This market in Asia Pacific is anticipated to expand at a significant rate due to a well-established automotive industry in the region, and use of nappa leather in seat covers and dashboard of cars.

Handheld Drug Detector Market Opportunities and Growth Forecast During 2019-2027

  • Illicit consumption and distribution of controlled substances such as narcotics (including LSD, heroin, opium, Methaqualone, CBD, and THS) are noteworthy public safety issues in numerous countries worldwide.
  • Drug detectors are used to control the synthesizing, possession, or distribution of such drugs. Armed forces, law enforcement agencies, and aviation industry are some of the prominent end-users of drug detectors.
  • Drug detectors can be portable or tabletop. Handheld drug detectors have attained significant traction in the past few years owing to their ease of use and mobility.
  • Some of the key applications of drug detectors include sample/laboratory drug testing, and presumptive drug testing.
  • Increasing incidence of illegal drug trafficking across the globe has raised the demand for advanced handheld drug detecting equipment
  • However, relatively higher up-front cost of these devices are likely to hinder the growth of the global handheld drug detector market during the forecast period

Radical growth in drug abuse cases across the globe to drive the demand for handheld drug detectors

  • Drug abuse has become a global concern, due to which government agencies across the world have taken several initiatives, which in turn have increased the demand for drug detecting equipment across the globe.
  • For instance, in March 2019, the Customs and Border Patrol agents at the Dallas airport (Fort Worth International Airport) caught a shipment of 49 lbs. of GBL (Gamma-Butyrolactone) using a handheld drug detector.
  • Federal agencies and law makers are expected to continue demanding handheld drug detectors that are lighter, more powerful, and provide non-intrusive detection in order to combat the burgeoning tide of controlled substances distribution

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Relatively higher cost, complexity, and maintenance impeding the adoption of handheld drug detectors

  • Despite these products designed to be used by professionals, constant improvements in handheld drug detectors are likely to require dedicated training for its optimal operation.
  • In addition, unlike conventional drug testing devices, handheld drug detectors require periodic maintenance
  • Also, the cost of procurement of these devices is relatively high, which impacts its affordability aspect, particularly for developing/third world nations. Although some manufacturers provide handheld drug detectors at lower cost, the efficiency of the same are suspect.
  • The aforementioned factors are thus projected to hinder the growth of the global handheld drug detectors market

North America to Hold Leading Share of the Global Handheld Drug Detector Market

  • Geographically, the global handheld drug detector market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • Country-level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the handheld drug detector market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the handheld drug detector market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The handheld drug detector market in South America is segmented into Brazil, and Rest of South America.
  • North America dominated the market in 2018 due to rising prevalence of drug abuse cases resulting in extensive investment by government agencies in procuring highly efficient and optimal drug detection equipment. Apart from North America, Asia Pacific, South America, and the Middle East are also potential consumers of handheld drug detectors.
  • The market in Asia Pacific is projected to expand at the fastest CAGR, followed by North America and the Europe during the forecast period.

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 ...