Climbing Gym Market Development Status, Top Manufacturers, And Forecasts

• A climbing gym is an artificially constructed wall with grips for hands and feet for climbing.  Climbing is getting popular and becoming more of a mainstream activity rather than a niche sport. Unlike regular gyms, climbing gyms help in burning calories (anywhere between 500 to 900 calories per hour). It also helps in building strength, power, and brings aerobic and anaerobic fitness levels to new heights.

Key Drivers of the Global Climbing Gym Market

• Rising popularity of outdoor sports and outdoor recreational activities worldwide is anticipated to proliferate the demand for climbing gyms. The concept of gym climbing is experiencing exponential growth in the last couple of years, especially in North America and Europe. According to Physical Activity Council and PHIT America, on an average, approximately 4.6 million Americans participate in either sport climbing, bouldering, or indoor climbing. As per data from the Climbing Business Journal, since 2015, the U.S. indoor climbing industry has grown at roughly 10% on a y-o-y basis. A similar scenario is seen in European countries. According to Association of British Climbing Walls, over 100,000 individuals participated in climbing walls in 2017 and the number is growing at an average of 15%-20% annually. 
• Additionally, rising awareness about fitness and leading a healthy lifestyle owing to higher prevalence of obesity, diabetes, and various other health issues is attracting various demographics toward regular workouts. This is anticipated to boost the climbing gym market.

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Inclusion toward gym climbing in international sports to provide growth opportunities

• Inclusion of sports climbing (bouldering, lead climbing, and speed climbing) in the Tokyo Olympics, 2020 is anticipated to create attractive opportunities for the growth of gym climbing in many Asian countries. Currently, Japan and China have considerable number of participants in one or more climbing activities. Inclusion of this sport is expected to help in popularizing the sport in many other Asian countries.

Lack of awareness coupled with high initial investment to hamper the growth of the gym climbing market

• Despite exponential growth in many North American and European countries, climbing gyms still lack a presence in many countries in Asia and Middle East & Africa. The main reason for slow growth in developing regions is high initial investment associated with climbing gym set ups. Climbing walls along with the equipment used such as high tensile ropes and lanyards are expensive. This leads to premium pricing. Developing regions being mostly price sensitive thus have low market attraction for climbing gyms, hampering the growth of the gym climbing market. Additionally, lack of awareness about proper usage of such expensive equipment and risk of accidents and injuries associated with climbing activities also hampers the growth of the climbing gym market.

North America and Europe still offer growth potential for the global climbing gym market

• Geographically, the global climbing gym market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).

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• The U.S. commands a major chunk of the North American gym climbing market. Some of the prominent manufacturers of gym climbing are from the U.S. The U.K., Germany, and France are some of the prominent countries that have a substantial market for gym climbing in Europe.
• Developing regions such as Asia Pacific are anticipated to show promising growth in the gym climbing market in the upcoming years. China and other Southeast Asian countries are anticipated to drive the demand for gym climbing.

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Hair Removal Wax Market to Generate Huge Revenue in Industry by 2026

According to a new market report published by Transparency Market Research titled ‘Hair Removal Wax Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’ the global hair removal wax market is expected to reach a value of US$ 18,814.3 Mn by 2026. The market is estimated to expand at a CAGR of 9.4% during the forecast period from 2018 to 2026. In terms of volume, the market is expected to reach over 5,000 million units at a CAGR of approximately 8.0% in 2026.The hair removal wax market in Asia Pacific is projected to expand at a rapid pace during the forecast period.

According to the report, the global hair removal market is experiencing high-paced expansion in its size and valuation, owing to increase in beauty consciousness among consumers across the world. The need to maintain a well-groomed physical appearance is one of the major factors responsible for the expansion of the market.

Waxing offers clean and clear skin for a longer duration as compared to the other alternatives. It can be easily carried out on any area of the body, including eyebrows, face, bikini area, legs, arms, back, abdomen, and feet. The demand for hair removal solutions is much higher in beauty salons & spas and is anticipated to continue rising over the next few years. Moreover, rise in popularity of at-home hair removal wax techniques with the usage of wax strips among the younger and adult generations is likely to boost the hair removal wax market. Furthermore, more men are seeking waxing services as tailored grooming becomes mainstream, and women of all ages are looking for alternatives to shaving to achieve smooth skin. This is expected to propel the market.

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The hair removal wax market can be segmented based on type, application, end-user, and distribution channel. Based on type, the market can be categorized into soft wax and hard wax. The soft wax segment accounted for a prominent market share in 2017, owing to the ability of soft wax to adhere to skin more than hard wax and exfoliating skin. Soft wax is able to hold fine hair perfectly and works better on large parts of the body. Soft wax is generally cheaper than hard wax and less painful for most people, and businesses are making more money using it. In terms of application, the commercial segment is expected to expand at a CAGR of over 9.0% to reach over US$ 14,000 Mn in the near future.

The segment is expected to be followed by the individual segment. More and more consumers prefer to visit beauty salons or spas for waxing as they are less messy and provide specific procedures of waxing, such as bikini wax, Brazilian wax, and Hollywood wax. There are even waxing procedures available that cater specifically to men. In terms of end-user, the market is largely dominated by the women segment, which is expected to expand at a faster pace owing to the changing beauty trends among women and increasing consumer awareness about personal grooming.

While more than 90% of today's wax users are women, the number of men waxing their chests, backs, ears, nose, and other areas is also increasing steadily. Based on distribution channel, the market is currently dominated by the offline channel. However, in the near future, online sales are anticipated to rise at a fast pace owing to technological advancements and preference of brands for selling products online as it makes it easier for them to penetrate different markets.

In terms of geography, North America dominated the global hair removal wax market in 2017 with more than 25% market share and is expected to maintain its leading position during the forecast period, followed by Europe. In Asia Pacific, China and India are dominating the hair removal wax market, followed by Japan. Preference of the growing population for the waxing method of hair removal and innovation in hair removal wax products, such as introduction of natural ingredient-based wax, are significantly boosting demand for waxing among women. This, in turn, is fueling demand for hair removal wax in Asia Pacific.

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Some of the leading players of the hair removal wax market are American International Industries, Church & Dwight Co., Inc. (Nair), Coloris Cosmetics, FILO BIANCO S.r.l.,GiGi, Harley Wax, Jax Wax Australia, Karaver, Kera-Ban Wax Products, Lee-Chem Laboratories (Mandy’s), MarzenaBodyCare, Inc., Parissa Laboratories Inc., PerronRigot, Reckitt Benckiser (Veet), Sally Hansen, Starpil Wax Co., Sue Ismiel and Daughters (Nad's), The Darent Wax Company Ltd., and Xanitalia. The companies involved in this market are concentrating on research and development activities along with product innovation to strengthen their foothold in the market. Moreover, strategic partnerships and agreements with other companies is another key business strategy adopted by hair removal wax companies across different regions. For instance, in January 2018, Cirepil and Epillyss came together under Perron Rigot Company to offer both strip and non-strip waxes.

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Household Vacuum Cleaners Market to Expand Substantially Owing to Technological Innovations During 2019-2026

According to a new market report published by Transparency Market Research  titled ‘Household Vacuum Cleaners Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global household vacuum cleaners market is expected to reach a value of US$ 18,936.9 Mn by 2026. The market is estimated to expand at a CAGR of 4.7% during the forecast period from 2018 to 2026. In terms of volume, the market is expected to reach over 79.1 million units at a CAGR of approximately 4.5% by 2026.The household vacuum cleaners market in Asia Pacific is projected to expand at a rapid pace during the forecast period.

According to the report, the global household vacuum cleaners market is experiencing high-paced expansion in its size and valuation due to increase in the number of women in the workforce, change in consumer lifestyles, and increasing awareness about indoor health and hygiene. Despite the fact that the number of working women has increased since the past decade, women still do majority of household chores, which has led to the demand for convenient and efficient household cleaning tools.

The emerging focus of consumers in adopting advanced appliances for convenient and effective cleaning of dirt is a notable factor stimulating the demand for vacuum cleaners. Furthermore, the growing number of household consumers who are at the risk of asthma is a notable trend, catalyzing the uptake of vacuum cleaners. The presence of HEPA filtration technology in vacuum cleaners is gaining traction among consumers. In addition, technological advancements by leading companies to improve efficiency and provide a healthy environment is supporting market growth. Moreover, increasing infrastructural and development activities will present an opportunistic landscape for the household vacuum cleaners market.

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The household vacuum cleaners market has been segmented based on product type, distribution channel, and region. Based on product type, the market is categorized into upright vacuum cleaners, canister vacuum cleaners, central vacuum cleaners, robotic vacuum cleaners, drum vacuum cleaners, wet/ dry vacuum cleaners, and others (handheld, stick, etc.). The canister vacuum cleaners segment accounted for a prominent market share in 2017, as these pumps are capable of cleaning tiny dust particles and even pet hair. In addition, the presence of HEPA filtration technology in vacuum cleaners is gaining traction among consumers. The use of advanced cleaning products helps in better cleaning of dirt, and consequently prevents respiratory allergies.

Moreover, robotic vacuum cleaners are anticipated to expand at a fast pace as manufacturers are initiating innovations to increase the reliability, productivity, and performance of the product, which are capable of cleaning floors, wall corners, and can also mop the floor. In terms of distribution channel, the offline stores segment is expected to expand at a CAGR of 4.5% to reach over US$ 10,000 Mn in the near future. The segment is followed by the online stores segment, which is anticipated to grow at a fast pace. Manufacturers are focusing on e-commerce/ online channels and internet retailing as it helps to lower the cost of the product by reducing the rental cost of physical stores and the cost of staff that physical stores require. Chinese internet retailers such as Alibaba are taking up this opportunity to sell more products online with great offers, product discounts and promotions, and targeting small household consumers who look forward to buy these appliances.

In terms of geography, North America dominated the global household vacuum cleaners market in 2017 with more than 32% share and is expected to maintain its leading position during the forecast period, followed by Europe. In Asia Pacific, China and Japan are dominating the household vacuum cleaners market, followed by India. The market in Asia Pacific is projected to expand at a fast pace due to the swift pace of urbanization in various economies of the region, which is fueling the substantial uptake of household vacuum cleaners. The rising disposable income of consumers, especially in China and India, is leading to a surging demand for modern home appliances including vacuum cleaners. In addition, supported by a rapidly expanding middle class in China and India, Asia Pacific is expected to remain the fastest growing region for household appliances.

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Some of the leading players of the household vacuum cleaners market are Bissell Inc., Dyson Ltd., Electrolux AB, Eureka Forbes, Haier Group Corporation, HausVac Inc., iRobot Corporation, Koninklijke Philips N.V., LG Electronics Inc., Miele &Cie KG, Panasonic Corporation, Robert Bosch GmbH, Samsung Electronics Co., Ltd., Oreck Corporation, BLACK+DECKER Inc., and Techtronic Industries Co. Ltd. The companies involved in this market are focusing on R&D activities along with technological product innovation to strengthen theirposition in the industry. Moreover, geographical expansion and strategic partnerships & agreements with other companies are key business strategies adopted by household vacuum cleaner companies across different regions. In August 2018, Electrolux AB launched a cordless vacuum cleaner. The product Electrolux Pure F9, uses powerful battery technology and innovative design solutions to provide consumers with a product that combines the performance of a traditional vacuum cleaner with the freedom of a stick vacuum.

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Baby Care Products Market Size, Industry Statistics and Facts Helps to Flourish Industry Rapidly

The demand within the global market for baby care products has been rising on account of the changing mothering propensities and inclinations across the world, finds Transparency Market Research (TMR). Baby care products include a wide range of generic and specialised items that can assist in grooming and raising infants. The vendors in the global market for baby care products are manufacturing unique and utility-driven products in order to attract the consumers. Since baby care products cater to niche consumer segments, the vendors within this market are projected to rely on targeting and analytics. There is a high possibility of new vendors emerging in the global for baby care products in the years to come.

The success of market vendors in the global baby care products market largely depends on the former’s ability to manufacture innovative products. These vendors are following rigorous research and development practices in order to come up with better products.

Furthermore, the leading vendors in the global for baby care products market are also banking on consumer feedback in order to understand the requirements of the market. The small and medium-sized vendors in the global baby care products market are focusing on capturing unexplored markets. Some of the key vendors in the global baby care products market are Johnson & Johnson, Unilever Plc, Kimberly-Clark, and Procter & Gamble Company.

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Transparency Market Research (TMR) finds that the global baby care products market would expand at a steady CAGR of 5.0% over the period between 2018 and 2026. Furthermore, the global baby care products market would accumulate revenues worth US$ 109.13 Bn by 2026. On the basis of geography, the market for baby care products in North America shall expand at a respectable rate in the years to come.

Parenting Workshops and Seminars help in Marketing Baby Care Products

The demand within the global market for baby care products is projected to witness increased demand in the years to come. Several parenting workshops and seminars are conducted via online and offline channels. The vendors of baby care products tie up with the organisers of workshops in order to promote their products and services. The growing propensity of the masses to spend on grooming and raising of their kids has also led to the growth of the global baby care products market. The introduction of customized baby care products has also generated voluminous revenues within the global market.

Rising Population of Working Women to Aid Market Growth

The changing inclinations of the people have played a major role in the growth of the global baby care products market in recent times. The population of working women has rapidly increased over the past decade, and this has given a thrust to the growth of the global baby care products market. Moreover, online campaigns about better parenting, and right use of baby care products, have also played vital role in market growth. It is expected that the global baby care products market would accumulate voluminous revenues over the next decade.

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The review is based on TMR’s report titled, “Baby Care Products Market (Product Type - Baby Cosmetics and Toiletries (Baby Skin Care Products (Baby Massage Oil, Baby Lotions, Creams/Moisturizers, Talcum Powder), Baby Hair Care Products (Baby Shampoo and Conditioner, Hair Oil), Baby Bath Products( Soaps, Bubble Bath/Shower Gel), Diapers ( Cloth, Waterproof Nappy/ Disposable Diapers, Training Nappy), Others (Wipes and Fragrances)), Baby Safety and Convenience Products (Baby Car Seats, Baby Strollers), Bab Food, Baby Formula; Distribution Channel - Online Channel, Offline Channel (Supermarkets & Hypermarkets, Specialty Stores, Drug Stores, Independent Retail Stores)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”.

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Fencing Market Size, Status and Forecast 2020-2027

According to a new market report published by Transparency Market Research  titled ‘Fencing Market (Product Type - Privacy Fencing, Picket Fencing, and Others); (Material Type – Metal, Wood, and Plastic & Composite); (End-use – Residential, Commercial, and Agriculture)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027, the global fencing market is expected to reach US$ 62,766.5 Mn by 2027, expanding at a CAGR of 3.6% from 2019 to 2027. In terms of volume, the global fencing market is expected to reach 3,901.7 Million Feet, expanding at a CAGR of 2.2% from 2019 to 2027. The market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

Fencing is a part of the global perimeter security market. The perimeter security market in North America is a mature market and is growing at a healthy rate. In North America, rise in demand for perimeter security products are driving the demand for fencing products. Consumers in North America are increasingly demanding decorative home products, which is increasing the demand for ornamental iron and steel fences in the region. In North America, privacy fences hold the largest market share and are expected to grow in market size during the forecast period.

Across North America, there are specific rules and regulations regarding quality of the material used to make fences. Fences made of metal such as aluminum, steel, wrought iron, etc. hold the largest share in North America. Presently, plastic and composite fences such as fences made of vinyl are increasing in popularity in North America and are expected to see rising demand during the forecast period. In North America, the U.S. is the dominant fencing market, followed by Canada.

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The perimeter security market in Europe is a mature market and growing. In Europe, rise in overall demand for perimeter security products are increasing demand for fencing products. Increase in demand for attractive home protection products are leading to rise in demand for fences in Europe. Privacy fences hold the largest market share in Europe and are expected to hold a share of 44.0% by the end of the forecast period. In Europe, market players operating in the fence market have to follow specific rules and regulations. In Europe, metal fencing holds a major share of the market. Ornamental iron and wrought iron fences are increasing in popularity as they have low maintenance cost. Fences made of plastics and composites such as PVC are also popular in Europe. France, Germany, and the U.K. are the major fencing markets in the region.

The Asia Pacific perimeter security market is a growing market. In Asia Pacific, increasing usage of perimeter security products is increasing the demand for fencing products. Privacy fences hold the largest market share in Asia Pacific and are expected to hold a share of 43.0% by the end of the forecast period. Picket fences, chain linked fences, etc. are also growing in demand. In Asia Pacific, metal fencing holds a major share in the market. Wrought iron, ornamental iron, steel, and aluminum fences are increasing in popularity as they have low maintenance cost. Fences made of PVC are seeing increasing demand in Asia Pacific. China, Japan, and India are the major fencing market in the region.

Demand for fencing products is growing in MEA with rise in perimeter security products. GCC and South Africa are the major fencing markets in the region.

The perimeter security market in South America is small compared to other regions. Demand for fencing products is rising in South America with enhanced use of perimeter security products. Brazil is the largest fencing market in the region. In Rest of South America, Argentina is a major fencing market.

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The study provides a conclusive view of the global fencing market by segmenting it in terms of product type, material type, and end-use. In terms of product type, the global fencing market has been classified into privacy fencing, picket fencing, and others. The others category includes pool fencing, pet fencing, semi-privacy fencing, rail fencing, chain linked fence, etc. In terms of material type, the global fencing market has been segmented into metal, wood, and plastic & composite. In terms of end-use, the market is segmented into residential, commercial, and agriculture. 

The report highlights major companies operating in the global fencing market including Compagnie de Saint-Gobain S.A., Bekaert, Ameristar Perimeter Security, Associated Materials, LLC., Jerith Manufacturing LLC., Long Fence Company Inc., Gregory Industries, Inc., Betafence Group, Ply Gem Holding Inc., and Builders Fence Company (BFC), Inc.

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Nail Care Market Growth Set to Surge Significantly during 2020 – 2027

According to a new research report published by Transparency Market Research titled ‘Nail Care Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global nail care market is expected to reach a value of US$ 20,940.2 Mn by 2027, expanding at a CAGR of 8.4% from 2019 to 2027. In terms of volume, the market is expected to reach 1,494.2 Mn units by 2027, expanding at a CAGR of approximately 7.0% during the forecast period.

Asia Pacific held a prominent share of the global market in 2018. The market in the region is projected to expand at a rapid pace during the forecast period. According to the report, the global nail care market is expanding significantly, in terms of size and value, due to the expansion of the e-commerce retail market, which in turn is driving the nail care market in the region. This trend is anticipated to be continue during the forecast period. Increasing population of working women and changing male preference toward nail treatment is a key factor driving the global nail care market.

Furthermore, popularity of gel polish has increased in both salons and homes. In particular, gel polish that does not require the use of an LED light is boosting the at-home gel market. Over 10% of women who do their own nails report using gel polish without an LED light, as compared to just 7% of those who use gel polish that requires an LED light. These are major factors that are expected to drive the nail care market during the forecast period.

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Based on product type, the nail color segment accounted for a leading share of the global nail care market in 2018. However, the nail treatment segment is projected to expand at a significant growth rate in the near future, as several nail brands are expanding from polish to the development of treatment products for the feet and hands. The nail color segment includes liquid nail color, gel nail color, base coat and top coat nail color sub-segments. Under nail color segment, liquid nail color hold the majority of market share while the gel nail color sub-segment is projected to expand at a rapid pace during the forecast period. This is due to continuous launch of new products that contain natural ingredients. These factors are expected to drive the nail care market during the forecast period.

In terms of sales type, the packaged segment accounted for a major share of the market, and expand at a rapid pace, in 2018. It is estimated to maintain its dominant position during the forecast period, as consumers are moving from nail salon to at-home care options. Earlier, premium brands used to be available only at a nail salon. However, the availability of premium brands at home boosts packaged sales in the premium nail polish market.

Asia Pacific accounted for 34.2% share of the global nail care market in 2018, followed by North America and Europe. It is anticipated to maintain its dominance during the forecast period. However, in terms of year-on-year growth, demand for nail care products is projected to rise at a rapid pace in Asia Pacific, followed by South America and Europe. Major manufacturers of nail care products are launching entire product ranges for men in response to a rise in demand from the segment. Grooming as a regimen is not restricted to women anymore, and manufacturers are taking note of this and catering to the demand. This is largely driven by the demand from APAC owing to the influence of South Korea-based beauty trends. This has led to the emergence of similar trends in Japan, China, India, Brazil, and Russia.

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Manufacturers operating in the global nail care market are facing intense competition. Market players often use price/quality characteristics to position their brands. In order to maintain their position in the market, players are offering free shipping and discounts on nail care products to customers. Key players operating in the global nail care market include American International Industries, Barielle Ltd., California Chemical Specialties, ChromaDurlin (NV Organics), CNC International B.V., OPI Products, Inc., Creative Nail Design, Inc., Delia Cosmetics, Fiabila S.A., IL Cosmetics Group, Kirker Enterprises, Inc., and Polychromatic (Keystone Research & Pharmaceutical Inc.).

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Smart Weapons Market Study Reveals New Development Opportunities till 2027

With shift in nature of warfare, demand dynamics of weapons is changing across the globe. Lately, countries are opting for smart weapons. Integration of technology in weapons is shaping smart weapons. Moreover, the integration is facilitating ease of application of these smart weapons. At the same time, it is increasing the risk of causality even in case of slight mistake.

Most of these weapons are powered by laser and similar advanced technology. As a result, it offers high accuracy, reliable shots, and quick hit capability. Also, light weight of the weapon is minimizing the logistics carrying cost.  All these factors conjointly are boosting the adoption rate of smart weapons in defense system to enhance security system of country. Although, stringent arm regulations applied in various countries are likely to limit the growth of smart weapons market in forthcoming years.

The upcoming smart weapons market report provides insights about the segments and trends influencing growth of the market. The market report is divided on the basis of product type, end-user, application area, and regions. Further, role of each category is specified in the growth of market in the duration of forecast period (2019-2027).

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Smart Weapons Market: Notable Developments

Lately, Indian Police were supposed to be equipped with with biometric weapon safety and tracking system (WSTS). This will assist in tracking stolen weapons. Also, any stealing case could be easily prevented.

In the past few years, the police filed complaint of numerous incident of gun-snatching. As per the report, since 2016, almost 200 weapons, including AK-47s have fallen into hands of militants.

The weapon safety and tracking system has palm print and finger print scanners built into the grip that helps in operating trigger locks. Further, the integrated GPS in the weapon will enable easy tracking of the weapon, if lost. The devices can only be removed by biometric authorization of the enrolled user.

Some of the pioneers in smart weapons market are-

• BAE Systems plc
• The Boeing Company
• L3Harris Technologies Inc.
• Thales Group
• Raytheon Company
• MBDA

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Smart Weapons Market: Key Trends

Ammunitions along with other product segments are anticipated to account for significant growth rate in the course of forecast period. The growth is attributed to development of sensor fused weapons and advanced electro-optical precision integration kits.

In June 2018, Rafael launched firefly, a miniature loitering ammunition. It can be used along with electro-optical precision integration kit (EPIK) to provide precision guidance to surface-to-surface multiple rocket launch systems. In addition, it can also be used by dismounted soldiers.

Likewise, German Ministry of Defense provided Gesellschaft für Intelligente Wirksysteme mbH contract to initiate the manufacturing process of serial production of the SMArt 155 ammunition (Sensor-fuzed Munition for Artillery 155 mm), again. Earlier, the production was stopped in the year 2006. Serial production is planned to begin from 2024.

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