Research News: Pepper Spray Market Size Analysis 2020 due to COVID-19 Impact

A pepper spray is a lachrymatory product (i.e. a product causing the secretion of tears), which is used for crowd control, riot control, and self-defense from an attack by an animal or individual. The product inflames the eyes of the attacker, causing coughing, runny nose, and shortness of breath. The key objective of using pepper sprays is to incapacitate the attacker rapidly and effectively.

Global Pepper Spray Market – Competition Landscape

Mace

Founded in 1970, Mace is located in Cleveland, Ohio, the U.S. The company is a manufacturer and provider of personal defense products, home security products, and business security products. Mace has experience of over 40 years in the design and selling of pepper gel, pepper guns, personal alarms, and stun guns.

SABRE

Incorporated in 1975, SABRE is based in St. Louis, Missouri, the U.S. The company provides various products such as stun guns, law enforcement aerosol projectors, personal alarms, and pepper sprays. The company has formed partnerships with National Breast Cancer Foundation (NBCF) and Rape, Abuse & Incest National Network (RAINN) to help deprived people.

UDAP Industries Inc.

Established in 1994, UDAP Industries Inc. is based in Butte, Montana, the U.S. The company manufactures a wide range of self-defense products such as pepper sprays, spray patterns, and stun guns. It also offers electric fences and pepper sprays for protection from bears, accessories, and bear-resistant canisters, etc.

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Safariland, LLC (Defense Technology)

Incorporated in 1964, Safariland, LLC is based in Sierra Madre, California, the U.S. The company is engaged in the design and manufacture of personal and other equipment used for public safety, law enforcement, and military activities. The company has a subsidiary called Defense Technology, which offers products such as pepper sprays, chemical agent devices, tactical devices, and OC aerosols.

Fox Labs International Inc.

Incorporated in 1992, Fox Labs International Inc. is based in Mount Clemens, Michigan, the U.S. With experience of more than 25 years, the company offers protection products such as pepper sprays and other tactical defense products. The company deals with military, government officials, tactical units, law enforcement officers, and secret services.

Prominent companies operating in the global pepper spray market are BlingSting, Itspecpro, Counterassault, J&L, SelfDefenseGearCo.com, Bnsguns, Dr. Morepen Chilli, Pepper Shot, Bodyguard, and Knockout. The global pepper spray market is fragmented, with the presence of several leading players. Moreover, major players are planning to provide innovative safety products through support programs.

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Global Pepper Spray Market – Dynamics

Rising Uncertainty of Crimes Increases Demand

The global pepper spray market is anticipated to expand during the forecast period, due to rising uncertainty of crimes worldwide. People prefer using pepper sprays, as the product is easy to carry and completely non-lethal. In countries such as India, Germany, and France, the law permits carrying pepper sprays for self-defense.

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Plush Toys Market to Witness a Pronounce Growth During 2027

Plush toys used by growing babies are very soft and sometimes have mirrors attached to them. Plush toys provide comfort to babies.

Global Plush Toys Market: Competition Landscape

Mattel, Inc.

Mattel, Inc. is a global toy manufacturing company involved in the design, manufacturing, and marketing of toys. Mattel, Inc. was set up in 1948 in California, the U.S. The company’s product portfolio includes plush toys which are sold under the brand “Fisher-Price.” It sells toys under the brands “Barbie,” “Hot Wheels,” “Thomas & Field,” “American Girl,” etc. The company manufactures all its plush toys and other products through both company-owned facilities and through third-party manufacturers. Prominent manufacturing plants of Mattel, Inc. are located in Thailand, Mexico, Malaysia, Indonesia, China, Canada, etc. The company sells toys under private labels such as “Matchbox,” “Fireman Sam,” “Enchantimals,” “Uno,” “Polly Pocket,” “MEGA,” etc. 

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BANDAI NAMCO Holdings Inc. 

BANDAI NAMCO Holdings Inc. headquartered in Tokyo, Japan, is a global toy manufacturing company established in 2005 by the merger of Bandai and Namco. BANDAI NAMCO Holdings Inc.’s business units include Toys & Hobby Unit, Network Entertainment Unit, Real Entertainment Unit, Visual and Music Production Unit, and IP Creation Unit. The company has operations in the U.S., U.K., France, Spain, China, South Korea, Thailand, Philippines, etc.           

LEGO System A/S

LEGO System A/S, a family owned company was founded in 1932 by Ole Kirk Kristiansen and is headquartered in Billund, Denmark. The company’s product portfolio includes plush toys, apparel and accessories, books, costumes, watches & clocks, and stationery. The company has operations in the U.S., Canada, Mexico, U.K., Germany, France, Switzerland, Sweden, Spain, Poland, Norway, Netherlands, Italy, Hungary, China, Australia, etc.

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Global Plush Toys Market: Dynamics

Rise in infant population and increasing demand for soft toys increasing sale of plush toys

An increase in population of infants and babies is seen globally. According to the United Nations (UN), 250 babies are born every minute across the world. Child mortality rates have declined with the rise in education, increasing disposable income, and change in lifestyle. Global child mortality rate has decreased from 9.32% in 1990 to 7.71% in 2000 to 3.91% in 2017 as per World Bank statistics. This increases the number of infants and babies in the world. Rise in demand for plush toys among consumers for their babies is because of increasing disposable income over the years especially in emerging economies such as China and India. All these factors are increasing the demand for plush toys across the world.  

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Comprehensive Report on Automotive Testing & Inspection Market Set to Witness Huge Growth by 2025

Testing and Inspecting is a process performed primarily to certify that the manufactured products and component systems are suitable for the intended purpose. Testing an Inspection are done before, during and after manufacturing to ensure the quality of the product. Also the contribution to global warming is measured and inspected to control or minimize damage caused due to automotive industries. The steadily increasing volume of traffic and safety of users indicate towards the need for testing and inspection. One of the major trends in the automotive sector is automated driving assistance system. In the future, the connectivity of intelligent technologies will ensure that on an increasing number of routes, the task of driving will be taken over by the vehicle’s electronics which must be well tested and inspected  by experts.

In automotive market testing is a key service, need to test the quality of each component before presenting it to the customers since a minor fault or error in the components can become a cause of a major risk. The quality of these components can be determined by using high-quality testing tools.

There are different methods to test a component or device such as chemical testing, thermal shock testing, humidity resistance testing, tensile strength testing, salt spray testing, heat/ thermal resistance testing. Another service in the automotive market inspection which operates as follows pre-production, during production and final inspection. In pre-production inspection raw materials and are checked before production begins. During production inspection is typically carried out when an order is 20 to 60 percent complete, final inspection is generally carried out when an order is 80 to 100 percent finished.

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The automotive market is extremely competitive. The increased awareness of consumer about safety standards, sustainable quality and operational excellence are positively impacting the growth of the automotive testing and inspection market. The key drivers for this market are synchronization of standards, rising consumption of goods in developing countries, increasing incidents of global product recalls, increase in global imitating & piracy activities, imposition of rigorous government regulations and standards for safety across different sectors. The testing and inspection companies in the automotive market are more conscious about their credibility than earlier. The main restrain for this market is lack of universal standards and regulations followed globally.

The automotive testing and inspection market can be segmented on the basis of service type, sourcing type, application, and geography. The service type is subdivided into Testing Services and Inspection Services. The sourcing type in automotive testing and inspection market can further be segmented as In-house sourcing and Outsourcing. By application the automotive testing and inspection market is subdivided into e-mobility and automotive research and development.

Where E-mobility includes e-mobility services, vehicle services, battery services and infrastructure services. Whereas by Geography the automotive testing and inspection market is segmented as Europe, Asia Pacific (APAC), North America, South America and Middle East & Africa. Asia Pacific region is expected to show significant growth in testing and inspection automotive market due to increased growth in export of developed and developing countries in APAC region.

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Many players are involved are TÜV SÜD GROUP, ,Intertek Group PLC, Bureau Veritas SA, SGS Group, ALS Ltd., AsureQuality Ltd., ASTM International, Dekra SE, Underwriters Laboratories Inc, Lloyd's Register Group Limited, and  DNV GL. SGS Group is one of the leading companies in the automotive market for testing and inspection, followed by Bureau Veritas SA with a large contribution to the parent market share and high financial power, and provides a broad service portfolio in the testing and inspection market with strong technical expertise. SGS Group is focused on its continued growth through strategic partnerships, acquisitions and expansions to gain a competitive advantage. Bureau Veritas SA is focusing on an aggressive inorganic growth strategy by acquiring small companies. It has acquired more than 100 companies in the past 10 years.

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Residential Cooking Grills Market by Region and Application with Forecast 2020-2030

 

• A cooking grilling is a type of kitchen equipment where the cooking surface involves an open grate or rack with a heat source underneath; generally, heat comes from below, above, or from the side of the equipment. Grilling generally involves a substantial volume of radiant, direct heat, and helps to cook vegetables and meat quickly. Charcoal, gas-fueled, or electric are the various ranges of grills available.

Key Drivers of the Global Residential Cooking Grills Market

• People across countries are emphasizing on enhancing their standard of living and adopting changing technologies to create a comfortable life. New technologies are being introduced globally, with purchasing decisions influenced by social media and online information.
• Rapidly urbanizing households in developing markets are a new market for latest technology. Urbanized households are profitable as they seek to fulfill opportunities unavailable to them earlier in less advanced rural areas. This factor is expected to drive the demand for residential cooking grills during the forecast years.

Opportunities in the Global Residential Cooking Grills Market

• Today’s kitchen gadgets can fulfil almost any requirements of the customer with the powerful motors, good add-ons, and sophisticated design. The new generation of electrical and smart kitchen gadgets have a lot more to offer other than ultra -powerful motors and self -sharpening cutting systems. Moreover, the integration of various technologies into residential electric grills is expanding the manufacturing of advanced cooking products in response to the rising demand for convenience from consumers.

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Market in Asia Pacific to Expand Rapidly

• In terms of geography, the global residential cooking grills 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 residential cooking grills 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 residential cooking grills market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America residential cooking grills market is segmented into Brazil, and Rest of South America.
• Asia Pacific is expected to retain supremacy in the residential cooking grills market. This is mainly due the presence of prominent players in the region and the large number of households in ASEAN. The rise in purchasing power of consumers is also expected to boost the Asia Pacific residential cooking grills market in the future and hence impact the overall growth rate of the market in the region.

Key Players Operating in the Global Market

Presence of major players in the residential cooking grills market leads to competition among companies. Players are concentrating on add-on features and product technology that would offer a better cooking experience and comfort to users in order to separate their products from competitors.

In March 2019, Weber-Stephen Products LLC, announced new models of its popular Genesis II gas grill line, with more features and value. The Genesis II line-up includes 3-burner and 4-burner models, with step-ups that include features such as a dedicated Sear Station and side burner to expand the grilling possibilities. Models come in stainless steel or a range of porcelain enameled colors, including black, copper, crimson, and smoke.

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A few of the key players operating in the global residential cooking grills market are:

• AEI Corporation
• Char-Broil LLC (W.C. BRADLEY CO.)
• KCD IP, LLC (Kenmore)
• Kenyon
• Outdoorchef AG (Diethelm Keller Group)
• REC TEC Grills
• The Backyard Company
• The Coleman Company, Inc.
• The Middleby Corporation

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Hair Wig Market Size, Trends, Emerging Growth Factors and Forecasts to 2030

Worldwide grooming industry today is witnessing remarkable expansion opportunities. Growing focus of youth as well as millennial population toward improving their overall aesthetic is opening the demand opportunities in the global hair wig market. Growing use of hair extensions as well as full head hair wigs is in one of the popular trend today.

An upcoming research report from TMR on the hair wig market states that the vendors from this market will gain remarkable expansion avenues during upcoming years. This report covers inclusive study of key factors such as challenges, opportunities, drivers, restraints, and key players in the market for hair wigs. Thus, the report is a combination of reliable data and in-depth analysis of the global hair wig market for the forecast period of 2020 to 2030.

The global hair wig market is segmented on the basis of various key factors such as material, type, consumer orientation, end use, sales channel, and region. Based on end use, the market for hair wig is bifurcated into individual users and commercial users.

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Global Hair Wig Market: Growth Dynamics

Du to present fast-paced lifestyle, major population from all across the world is inclined toward the use of convenient options while choosing grooming products. This factor is pushing the growth of the global hair wig market. The market is expected to witness stupendous growth opportunities owing to increasing demand for grooming products from in emerging economies.

In recent years, the disposable income of considerable number of people from all across the globe is increased. As a result, people are growing their spending on improving their appearance.  This factor is working as a driver for the growth of hair wig market. Depending on the material used, there are two types of wigs namely, natural hair and synthetic hair, available in the market for hair wig.

However, presence of other alternatives, such as surgical and non-surgical hair transplant, is the concern for players in the global hair wig market. Nevertheless, the products in the market for hair wig are more cost-effective than other options. At the same time, these products are user friendly in nature. This factors will stimulate the demand for products in the global hair wig market in the years ahead.

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Global Hair Wig Market: Competitive Analysis

Several players working in the global hair wig market are growing efforts to gain leading position in the market. They are using the strategy of strengthening their product portfolio by launching innovative products. This aside, many vendors are growing their online presence. This strategy is allowing them to draw the attention of new customer base while maintaining the existing one. All these moves connote that the enterprises working in the global hair wig market hold substantial growth opportunities in the upcoming years.

The list of key players in the global hair wig market includes:

• SNG
• Rebecca
• Ruimei
• Hengyuan
• Revlon
• Lord hair

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Impact of COVID-19 on the Global Personal Flotation Devices Market 2020-2030

 

• A personal flotation device, also known as life jacket, is used as a life saving device in water activities. It is the most important safety equipment for deck suits, canoeing/kayaking, boardsailing, in work vests for commercial vessels, and in ‘man overboard’ situations. Five common types of personal flotation devices (PFD) are available, including Type I PFD, Type II PFD, Type III PFD, Type IV PFD, and Type V PFD. Type I devices are suitable for Open Ocean, remote water, and commercial vessels.

Key Drivers of the Global Personal Flotation Devices Market

• Government laws and regulations regarding work safety in coastal regions and while using boats is anticipated to be the key driver of the personal flotation devices market. For instance, as per the U.S. Coast Guard and federal law, a recreational boat must have approved life vests for each individual aboard.
• Growing consumer preference for recreational boating and water sports is expected to drive the demand for personal flotation devices (PFD).
• Robust economic growth in major marine markets and the growing government investment in advancement of boating infrastructure are identified as important factors contributing to the development of the PFD market.

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Opportunities in the Global Personal Flotation Devices Market

• Increasing consumer awareness about the importance of personal flotation devices is the key market opportunity. Moreover, consumers prefer quality products that meet the specific government standards.
• Technological advancement and continuous introduction of new water sports categories is expected to offer lucrative growth opportunities for the PFD market. Additionally, evolving lifestyles and increasing disposable income in developing economies is likely to boost the market demand during the forecast period.

COVID-19 pandemic has significant impact on the global demand for personal flotation devices

• By geography, the personal flotation devices market is segmented into Europe (EU), North America (NA), Middle East & Africa (MEA), South America (SA), and Asia Pacific (APAC)
• The market research report delivers country level breakdown for each regional segment. On the basis of country, the North America personal flotation devices market is categorized into the U.S., Canada, and Rest of North America. Country-level segmentation of the Europe market provides historical and forecast analysis for the personal flotation devices market in France, the U.K., Germany, and Rest of Europe. Country-level segmentation of Asia Pacific provides analysis and forecast of the market in Japan, India, China, and Rest of Asia Pacific. Country-level segmentation of Middle East & Africa provides analysis and forecast of the personal flotation devices market in South Africa, GCC countries, and Rest of Middle East & Africa. Country-level segmentation of the South America personal flotation devices market includes Brazil, and Rest of South America.
• The COVID-19 pandemic has forced significant fallout in the demand for personal flotation devices in the last few months. The lockdown and complete shutdown of public centers have restricted recreational activities and cross border travel and tourism. However, major economies are now planning a step by step opening of different sectors with all the precaution measures and safety regulations.

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Key Companies in the Global Personal Flotation Devices Market

Key industry players are investing in new product development and novel raw materials. Sustainable business models and IoT enabled supply chains are key business strategies in the global personal flotation devices market. Online distribution channels are increasingly preferred for sales and marketing. Moreover, companies are focusing on collaboration and partnerships with regional suppliers to expand in the international market.

In April 2020, Seasafe Systems Ltd, a U.K. based company specializing in marine safety equipment launched “The Junior 150N Lifejacket,” a new line of life vests for kids.

Some of the key companies identified in the global personal flotation devices market are:

• The Coleman Company Inc.
• Absolute Outdoor Inc.
• Marine Rescue Technologies Ltd.
• Aqua Lung International
• National Marine Manufacturer Association
• Erez Europe
• Kent Sporting Goods Co., Inc.
• LALIZAS
• International Safety Product Ltd.

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Impact of COVID-19 on the Global Lithium-ion Battery Market: Report, Industry Overview, Growth Rate and Forecast 2027

According to a new market report published by Transparency Market Research on the lithium-ion battery market for the forecast period of 2019–2027, the global lithium-ion battery market is expected to reach ~ US$ 41.5 Bn by 2027, expanding at a CAGR of ~ 9% from 2019 to 2027. In terms of volume, the global lithium-ion battery market is expected to reach 15,764.89 million units by 2027, at a CAGR of ~ 11% during the forecast period of 2019 to 2027. Asia Pacific held a prominent share of the global lithium-ion battery market in 2018.

Lithium-ion batteries power mobile phones, tablets, laptops, wearable devices, power banks, and other consumer electronic devices. Asia Pacific is the largest lithium-ion battery market in the world. The region has the largest consumer electronics and EV market, globally. Demand from these sectors is driving the sales of lithium-ion batteries in the region. In Asia Pacific, the value chain of the lithium-ion battery market is highly developed. Manufacturers in China, Japan, and South Korea, such as LG Chem, Samsung SDI, Panasonic Corporation, and BYD Group, are the dominant players manufacturing lithium-ion batteries for electric vehicles. Governments of China, Japan, and South Korea are investing heavily in lithium-ion battery technologies to maintain their lead.

China leads the lithium-ion market in the region. The large consumer electronics, EVs, and energy storage markets are driving the sale of lithium-ion batteries. Japan is a pioneer in the electronics industry. The Japanese automotive industry is an early adopter of EVs due to scarcity of oil. Rise in the sales of consumer electronic devices and EVs are increasing the demand for lithium-ion batteries. South Korea is a leader in the smartphone industry, and the rise in the sales of smartphones in the country is increasing the demand for lithium-ion batteries.    

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North America has one of the largest consumer electronics and EV markets, and is the second-largest lithium-ion battery market in the world. The North America consumer electronics market was valued at ~ US$ 85 Bn in 2018, and is forecast to reach ~ US$ 108 Bn by 2023, expanding at a CAGR of ~ 6%. The rising consumer electronics market is driving the demand for lithium-ion batteries. Lithium-ion batteries are the heart of EVs. The region has opportunity for growth of EVs, as the penetration of EVs in the U.S., Canada, and Mexico is 2.4%, 2.3%, and 0.1%, respectively. The U.S. is the largest and the most prominent lithium-ion market in North America, followed by Canada.

Lithium-ion batteries are used in various energy storage applications, ranging from small capacity batteries used in residential systems with rooftop photovoltaic arrays to large capacity batteries used in complex energy grid systems. Rise in the demand for energy storage systems in the U.S. is driving the overall demand for lithium-ion batteries in the energy storage market in North America.

Europe is the third-largest market. Rise in the sales of consumer electronic devices and EVs is increasing the demand for lithium-ion batteries. The penetration of EVs in Germany, the U.K., and France is 2.0%, 2.1%, and 2.1%, respectively. Lithium-ion batteries are required to power all consumer electronic devices. The consumer electronics market in Europe was valued at ~ US$ 68 Bn in 2018, and is anticipated to reach US$ 89.5 Bn by 2023, increasing at a CAGR of ~ 7%. The sales of smartphones, tablets, and other consumer electronic devices are increasing the demand for lithium-ion batteries in Europe.

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MEA and South America are the smallest markets among all the regions.

Company profiles of the players operating in the lithium-ion battery market include company overview, major business strategies, and key developments. Companies profiled in the global lithium-ion battery market include BYD Company Limited, A123 Systems LLC, Panasonic Corporation, Samsung SDI Co. Ltd, Amperex Technology Limited (ATL), LG Chem, Ltd., Murata Manufacturing Co. Ltd., Toshiba Corporation, Clarios Power Solutions, and Maxell Holdings, Ltd.

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