Wednesday, 12 August 2020

Wall Covering Products Market Reviewed for 2020 with Industry Outlook to 2027

The global wall covering products market is likely to be driven by the augmented disposable income together with accelerated rate of urbanization across the globe. Globalization and urbanization has replaced the rural culture with modern, urban culture. This has ushered in the widespread of wall coverings together with various other modern products.

Wall covering comes with a lot of advantages, such as it protects the wall surface from scratches or scribbles by children or accidental marks. Wall coverings are also able to add grandeur and taste to the uncovered walls. These cost effective coverings also neutralize the interiors of commercial and residential places and customize it with many different patterns and colors, which are estimated to work in favor of the global wall covering products market in the years to come.

With the recent outbreak of COVID 19, the global wall covering products market is expected to witness a decline in demand due to stalled construction activities and fall in advertising across the various part of the world. Moreover, many governments across the globe are enforcing lockdown of towns and cities and towns of countries, which is likely to impact the global wall covering products market. Impact on the market is likely to be shaped by the supply chain disruption and complete shutdown of many distribution channels.

Type, application, distribution channel, and region are the four important parameters based on which the global wall covering products market has been categorized. The sole aim of such segmentation is to offer a clearer and detailed view of the global wall covering products market.

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Global Wall Covering Products Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global wall covering products market is mentioned below:

  • In May 2017, New Jersey-based paint manufacturer, Benjamin Moore & Co. introduced a brand new paint, Ultra Spec SCUFF-X. It is a first of its kind paint, which comes with one-component interior latex paint that is engineered specifically to put up resistance to scuffmarks in commercial, high traffic environments.

Some of the prominent organizations in the global wall covering products market include the below-mentioned:

  • Grandeco Wallfashion Group
  • Benjamin Moore & Co.
  • Asian Paints Limited (APL)
  • Walker Greenbank PLC
  • Nippon Paint Holdings Co. Ltd
  • Ahlstrom-Munksjö Oyj

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Global Wall Covering Products Market: Key Trends

The global wall covering products market is characterized by the presence of the following restraints, drivers, and opportunities.

Rise in Disposable Income and Inclination to Spend on Premium Products to Drive Demand

Wall covering products come with a wide variety of products, such as unframed mirrors, interior paints, wall panels, wallpapers, and wall tiles. Wall coverings come with a variety of texture, sizes, colors, designs, and materials. These materials comprise ceramic, paper, and metal. It also helps in the protection of walls harsh environmental elements, such as heavy rain, sunlight, and others.

A rise in the construction of residential and commercial buildings across the globe is likely to emerge as growth factors for the global wall covering products market in the years to come. In addition, the global wall covering products market is likely to be driven by the rising disposable income, increased propensity to spend on premium products, and improved standard of living is likely to encourage the expansion of the global wall covering products market in the near future. Rise in demand for accommodation is likely to emerge as another factor driving the demand for wall covering products in the near future.

Global Wall Covering Products Market: Geographical Analysis

In the global wall covering products market, Asia Pacific is likely to present immense growth opportunities in the years to come. A rise in the disposable income of the people in the region together with increased commercial and residential construction activities is likely to offer immense growth opportunities for the wall covering products market in the region.

Pet Water Fountain Market Growth Will Escalate Rapidly 2020-2028

Pet water fountain has emerged as a popular pet product and gained traction among pet lovers of all regions. The main impetus for the popularity is perhaps the strides e-commerce sales have made around the world. Manufacturers usually use plastics and steel. However, recently the demand for ceramics has gathered heat in emerging and established pet markets.

Consumer cohorts have appreciated the affordability and accessibility of pet water fountain market products in well-known global e-commerce channels. Pet sentiment marketing strategies have also helped fueled the evolution of the per water fountain market.

The market intelligence study on the pet water fountain market offers a scrutiny of the current opportunities in various product segments in developing and developed economies, and takes a closer look at the changing consumer preferences. Furthermore, it offers insights into the attractiveness of the overall market by providing a detailed investment matrix in recent years.

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Pet Water Fountain Market: Competitive Analysis and Key Developments

Numerous players in the pet water fountain market are exhibiting their strengths in massive annual trade shows such as the Global Pet Expo. A case in point is Pioneer Pet which specializes in cat food and accessories.

Some innovative pet product solution providers are keen on broadening their product portfolio, by offering pet owners more options in ensuring pet hydration. An example of such a product is by PetSafe. Top players are focusing on unveiling pet parents easy-to-use and easy-to-clean products to attract consumers in the pet water fountain market. More such players will hit the pet water fountain market to offer innovative hydration equipment and accessories to pet owners, thereby, expanding the scope for competition. Top industry players are also focusing on consolidating their footprints in lifestyle solutions for pets. They are also expected to adopt a differentiating pricing strategy, and will be focusing to expand their foothold in developing economies by partnering with indigenous distributors. A case in point is strategies adopted by Doskocil Manufacturing and Dogness.

Pet Water Fountain Market: Key Trends

The increasingly hectic lifestyle of pet owners has created a significant pressure to take out time for their pets. Ensuring adequate availability of pure drinking water is key to the hydration of pets. This has fueled the market proposition for pet water fountains. The pet water fountain market has witnessed a robust growth momentum on the back of the rising penetration of e-commerce channels in pet products.

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A number of pet water fountain products have thronged e-commerce channel such as Amazon. The market has also seen a rapid rise in demand for pet water fountains that are high on aesthetics and combine better functionality. In emerging markets, the growth impetus has come from the demand for low-cost products gathering steam. An uptick in household spending of pets has fueled demand in the pet water fountain market. Intensifying pet sentiment marketing has also boosted the revenue potential in the market. Growing attraction of millennial toward pet has also helped reinforce growth.

Pet Water Fountain Market: Regional Analysis

Among the various key regions in the pet water fountain market, the demand has thrived considerably in Europe and North America. In recent years, ASEAN countries have been attracting pet owners toward products that offer convenience to them in pet care. Asia Pacific is a region with vast latent opportunities for players in the global pet water fountain market. China has been contributing large share in the production of pet water fountains. East Asia is expected to rise at rapid pace during the assessment period.

Planting Equipment Market Statistics Analysis 2019-2027

 

  • Planting equipment are farm equipment used to sow seeds in an agricultural field. The seeds are planted in specific rows by using the planting equipment. The growth of automation and ease of usage is expected to drive the planting equipment market. Planting equipment reduces manual work. It is used for the seeding process in agricultural applications. The traditional method of planting seeds has been replaced by planting equipment. Planting equipment helps to perform farming work efficiently within a short time. Growth of the farming sector is anticipated to boost the planting equipment market.

Growth of Agricultural Sector to Drive the Global Planting Equipment Market

  • Growth of the agricultural sector will increase the demand for planting equipment worldwide. Planting equipment has replaced the traditional sowing method. Achieving uniformity in the distribution of seeds in manual sowing is difficult. Planting equipment offers uniformity in less time. Manual labor required for planting also increases the expenses of farmers. The use of planting equipment has made the task simpler and more efficient. Automation has boosted productivity and efficiency in the agricultural sector. Better efficiency, easy processing, and increased productivity are the major factors expected to drive the global planting equipment market.

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Rising Preferences for Advanced Equipment to Create Better Opportunities for the Planting Equipment Market Globally

  • Planting equipment reduces manual work and has better machine components. The automatic tool change function of planting equipment saves time and effort required in manual tool changeovers. In recent years, advancements of machining centers such as five-axis machining centers equipped with rotational & conventional axes has enabled the manufacturing of complex machine parts & components with greater efficiency. Manufacturers are focusing on improving the functioning of machining centers to cater to the rising demand for efficient machining centers. Thus, product innovation is expected to create better opportunities for the global planting equipment market during the forecast period.

Asia Pacific to Lead the Global Planting Equipment Market

  • In terms of region, the global planting equipment market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.
  • Europe includes the country-level analysis for U.K., Germany, France, and Rest of Europe. The North America planting equipment market country-level analysis includes Canada, the U.S., and Rest of North America. The South America planting equipment market is segmented into Brazil, and Rest of South America. Analysis and forecast of the planting equipment market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.
  • The market in Asia Pacific is likely to witness maximum demand for planting equipment followed by North America from 2019 to 2027 due to higher growth of the automotive and industrial sector.

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Key Manufacturers Operating in the Market

Key manufacturers operating in the global planting equipment market are:

  • Deere & Company
  • AGCO Corporation
  • Bucher Industries AG
  • Bracke Forest AB
  • Bourgault Industries Ltd
  • CLAAS KGaA mbH
  • Kubota Agricultural Machinery India Pvt. Ltd.
  • C?NH Industrial

Anti-radiation Devices for Cell Phones Market: Latest Innovations, Drivers and Industry Key Events 2019-2027

Transparency Market Research delivers key insights on the global anti-radiation devices for cell phones market. In terms of revenue, the global anti-radiation devices for cell phones market is estimated to expand at a CAGR of over ~7% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global anti-radiation devices for cell phones market report.

In the report, TMR predicts that the global anti-radiation devices for cell phones market would be largely driven by factors such as rising consumer awareness about the ill effects of mobile radiation on the human body. Innovation in technology and design of anti-radiation devices for cell phones is expected to boost market growth in the near future.

According to the anti-radiation devices for cell phones market report, the type segment includes chip, sticker, case, and others. Chip segment is expected to dominate the global anti-radiation devices for cell phones market, in terms of both value as well as volume, and expand at a rapid rate during the forecast period. Chip is easily available in the market and has the ability to fit in different devices. Multiple usage of this product is driving its demand in the global market. Furthermore, the case segment is estimated to propel at a prominent rate in the near future. This segment is majorly driven by the increasing number of products offered by key companies with cases of different mobile handsets.

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In terms of distribution channel, the offline segment holds a large share of the global anti-radiation devices for cell phones market, followed by the online segment. The offline segment dominated the market in 2018, owing to preference of consumers to experience the quality of the product physically. As per the anti-radiation devices for cell phones market report, online distribution channels of anti-radiation devices for cell phones include both e-Commerce websites as well as company-owned websites, while offline distribution channels include supermarkets/hypermarkets, specialty stores, and others (various smaller retail formats). In the near future, e-Commerce platform is anticipated to be the most preferred channel for anti-radiation devices for cell phones.  

The anti-radiation devices for cell phones market is highly fragmented. High number of small, medium, and large companies operate in the market at the global and domestic level. Companies work on product innovation to increase their market reach.

Anti-radiation products available in the market are extremely simple and easy to use, and no specific knowledge is required for its operation. Various anti-radiation products are manufactured with an appealing look due to growth in technology. Along with chip and phone cases, several manufacturers have extended their product offerings by developing anti-radiation pouches, holsters, armbands, and headsets. The market for anti-radiation devices is likely to witness significant growth during the forecast period.

Anti-Radiation Devices for Cell Phones Market: Prominent Regions

Presently, North America dominates the global anti-radiation devices for cell phones market followed by Europe. People in North America are more inclined toward purchasing anti-radiation chips and cases for their cell phones. It has been observed that most customers of anti-radiation cell phone devices are high-end mobile users. Moreover, companies are convincing consumers about the adverse effects of mobile radiation, which is expected to propel the market growth in the coming years.

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Demand for anti-radiation devices for cell phones in developing regions such as Asia Pacific is expected to increase significantly during the forecast period. The Asia Pacific anti-radiation devices for cell phones market is driven by the rising number of mobile devices in use in China and India. Moreover, rising consumer awareness about the adverse effect of mobile radiation is driving the market growth.

Anti-radiation Devices for Cell Phones Market: Key Players

Key players operating in the global anti-radiation devices for cell phones market includes Penumbra Brands, Inc., AMERICAN AIRES INC., Cellsafe, DefenderShield, Mobile Safety, RadiArmor, RF Safe Corporation, SafeSleeve Anti-Radiation Cases, Syenergy Environics Limited, and Waves Protect Corp. Companies are extensively focusing on introducing innovative products in order to gain market share.

Covid Impact On Ballast Water Treatment Systems (BWTS) Market 2020 With Key Player

Transparency Market Research delivers key insights on the global ballast water treatment systems market. In terms of revenue, the ballast water treatment systems market is estimated to expand at a CAGR of ~10% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the ballast water treatment systems market report.

In this market report, TMR predicts that increase in sea trade worldwide is one of the major factors driving the growth of the ballast water treatment systems market, as 90% of global trade is carried out through the sea route. Marine transport is a crucial part of economic growth. This transport option is more cost effective and convenient compared to other forms of transportation. Rising industrialization and liberalization of several economies have encouraged free trade across the world. This has prompted the demand for container vessels and cargo ships. Demand for ballast water treatment systems is anticipated to grow during the forecast period with increasing demand for such vessels.

Additionally, ballast water also results in serious ecological issues, due to the multitude of marine species carried in ballast water of ships. Ballast water includes bacteria, microbes, eggs, small invertebrates, as well as cysts and larvae of various species, which once released into a new environment survive and reproduce and become invasive species. Many a times, such species become dominant and result in the extinction of the native ones. All these factors result in the growth of the ballast water treatment systems market.

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However, presence of multiple regulations coupled with lack of standardized regulations are some of the challenges hindering the growth of the ballast water treatment systems market. Different countries have different legislative requirements for ballast water treatment management. For instance, the U.S. has its own set of regulations mandated by the U.S. Coast Guard (USCG). Under such circumstances, it becomes difficult for ships from different countries to operate in U.S. waters. Hence, lack of implementation of standardized regulations is restraining the growth of the ballast water treatment systems market.

However, ratification of guidelines as per the IMO Convention by several Asia Pacific countries is anticipated to be a key business opportunity for the ballast water treatment systems market. Asia Pacific dominates in terms of sea trade. According to UNCTAD statistics, sea trade of the Asia Pacific region accounts for roughly 64% share of the developing economies. With increasing trade, ratification of guidelines by countries, such as China and several other Southeast Asian countries, is anticipated to boost the ballast water treatment systems market for the next couple of years.

In terms of treatment type, chemical treatment segment dominated the ballast water treatment systems market in 2018. However, physical treatments are anticipated to grow during the forecast period. Physical treatments, such as UV irradiation is becoming popular among ship manufacturers, due to its efficiency and it is harmless to the marine environment.

In terms of tank capacity, the 1500 – 5000m3 segment dominated the market and is further anticipated to grow during the forecast period. Increasing demand for consumer goods, and economic factors such as trade taxes and freight charges have resulted in demand for large capacity container vessels that can ferry maximum containers at one go. Demand for ballast water treatment systems having large tank capacity is anticipated to increase in the near future, due to rising demand for large container vessels.

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In terms of application, stationary ballast water treatment systems are a preferred option for ballast water treatment worldwide. Such systems are permanently utilized inside vessels to treat ballast water during long voyages.

Ballast Water Treatment Systems Market: Prominent Regions

North America and Europe dominated the ballast water treatment systems market in 2018 and are further anticipated to dominate the market over the next couple of years. Increasing awareness about the harmful impact of ballast water on the marine environment has resulted in the dominance of these regions. Additionally, sea trade is prominent in these regions, leading to the dominance of the ballast water treatment systems market.

Ballast Water Treatment Systems Market: Key Players

Key players operating in the global ballast water treatment systems market include Wärtsilä Corporation, Damen Shipyards Group, Alfa Laval, atg Evoqua (Evoqua Water Technologies), GenSys GmbH, Evac, Coldharbour Marine Ltd., Ecochlor, GEA Group Aktiengesellschaft, ERMA FIRST ESK Engineering S.A., Ferrate Treatment Technologies, LLC, Veolia Water Technologies, Hitachi, Auramarine Ltd., and Bawat a/s.

Footwear Market Expected to Witness a Sustainable Growth over 2027

Transparency Market Research has published report on the global footwear market. The market is expected to grow at a pace of 3.0% growth rate during the forecast period of 2019 to 2027. With this steady rate of growth the valuation of the market will jump from US$ 235711 Mn in 2018 to US$ 307549.5 Mn by 2027. Based on the type of footwear, non-athletic footwear segment has been a dominant one in the global footwear market.

Major Brands are focusing on product innovation and mergers & acquisitions

Prominent manufacturing companies are anticipated to face healthy competition during the forecast period. Some of the leading companies in the market have had significant share in the market. A few global brands in the footwear market include names such as Nike Inc., Adidas AG, Bata Limited, Puma SE, Asics Corp., Jack Wolfskin, The Aldo Group Inc., VF Corp, Kathmandu Holdings Limited, Columbia Sportswear Company, Sympatex Technologies, and WL Gore & Associates Inc. among others. Companies are opting for mergers and acquisitions, and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business.               

Asia Pacific is considered the biggest market for footwear

On the basis of region, the global footwear market is divided into five key regions viz. North America, Latin America, Middle East and Africa, Asia Pacific, and Europe. Asia Pacific dominates the global footwear market. Increasing spending power, urbanization, and influence of latest fashion trends are some of the key reasons behind the growth of the footwear market in the Asia Pacific region. Moreover, the presence of two massively populated countries in India and China have opened up a huge market spaces for the leading players to tap into. Manufacturers and distributors are advertising their products on various mode of communications like television, print media and various other social-media platforms etc.

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On the basis of distribution channel, the market has been classified into online channels, supermarkets and hypermarkets, independent retail stores, shoe stores, independent retail stores, textile retailers, and departmental stores. In the year 2018, online channels, independent retail stores, and supermarkets and hypermarkets collectively holds majority of the market in terms of value. On the basis of end-use, the footwear market is divided into men’s footwear, women’s footwear, and kid’s footwear. Women’s footwear has been making significant contribution in the global footwear market. Women are frequent buyers of footwear from hypermarket, supermarkets, and specialty stores and also through e-commerce websites. Manufacturing companies are also spending on innovation of new designs of footwear to rise the penetration of women footwear in the forecasted timeline.

Prominent companies operating in the global footwear market are

  • Adidas AG
  • Nike Inc.
  • New Balance Inc.
  • Puma SE
  • Asics Corp.
  • Bata Limited
  • Deichmann SE
  • Skechers USA Inc.
  • VF Corp.
  • W.L. Gore & Associates Inc.
  • Sympatex Technologies GmbH

Nanosatellite & Microsatellite Market Key Players, Segmentation, Services, Solutions, Trends and Forecast By 2027

The global nanosatellite & microsatellite market is extremely competitive and fragmented in nature, states a latest report by Transparency Market Research (TMR). Some of the prominent players operating in the global market are Clyde Space, Gomspace, Ruag Group, Raytheon, and Sierra Nevada Corporation. These companies are focusing on investing in research and development activities to introduce innovative products in the marketplace to gain a competitive edge in the global nanosatellite & microsatellite market. Alternatively, these players are entering into mergers and acquisitions to penetrate the global nanosatellite & microsatellite market. New players are entering the global nanosatellite & microsatellite market.

Growing focus on reducing the cost of miniature satellites, rising development of infrastructure, and advancements in satellites are expected to boost the global nanosatellite & microsatellite market during the forecast period. The global nanosatellite & microsatellite market is projected to expand at a CAGR of 12.9% from 2019 to 2027 to reach value of US$ 3.4 Bn by the end of the forecast period.

Geographically, the global nanosatellite & microsatellite market is expected to be dominated by Asia Pacific during the forecast period. Growth of the market in the region can be attributed to rising demand for applications related to earth observation and research and development of network infrastructure in developing countries in Asia Pacific. In terms of industry type, the global nanosatellite & microsatellite market has been segmented into agency, defense, educational, non-profit, energy & infrastructure, and others. Among these, the global nanosatellite & microsatellite market is expected to be led by the defense sector during the forecast period. This growth can be attributed to high demand in the defense sector to communicate with soldiers located in far-flung areas.

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Technological Advancements to Promote Growth of Global Nanosatellite & Microsatellite Market

Rising demand for miniature satellites and low costs incurred for production of miniature satellites are expected to boost the global nanosatellite & microsatellite market in the next few years. Increasing number of telecom companies is likely to generate demand for nanosatellites and microsatellites. These companies invest in nanosatellites and microsatellites to improve their Internet connectivity and bandwidth. Cost effectiveness and better features provided by modern microsatellites as compared to conventional ones are projected to drive the global nanosatellite & microsatellite market during the forecast period.  Hence, the global nanosatellite & microsatellite market is projected to expand at a substantial rate during the forecast period.

Moreover, advanced technologies that help in setting up research universities are projected to provide new growth avenues to the global nanosatellite & microsatellite market during the forecast period. Rising need for communication by using smart devices is projected to boost the global nanosatellite & microsatellite market in the next few years.

Implementation of Strict Regulations to Restrain Market

Stringent rules and regulations by International Telecom Union regarding radio frequencies are estimated to hamper the global nanosatellite & microsatellite market in the next few years. Moreover, lack of launch vehicles to launch miniature satellites are projected to hinder the global nanosatellite & microsatellite market in the next few years.

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However, increasing use of satellites to meet the rising demand for Internet access in areas without broadband service is estimated to present lucrative opportunities for the global nanosatellite & microsatellite market in the next few years.

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 ...