Flex Banner Market: Drivers, Opportunities, and Restraints

Transparency Market Research delivers key insights on the global flex banner market. In terms of revenue, the global flex banner market is estimated to expand at a CAGR of ~5% over the forecast period of 2020 to 2030, owing to numerous factors regarding which, TMR offers thorough insights and forecasts in the global flex banner market report.

In the report, TMR predicts that the global flex banner market would be largely driven by growth of out of home advertisement, which is expected to continue to boost the market during the forecast period. 

According to the flex banner market report, the product segment includes flex banner and vinyl sticker. Flex banners are divided into back lit, front lit, and non lit. Vinyl sticker segment is sub-segmented into back lit, front lit and non lit.

In terms of raw material, the flex banner market is divided into PVC, fabric, and others. Flex banners are extensively used in different outdoor advertisements. The product has higher utility in custom office signboard, point of purchase signage, trade show displays, real estate signs, and retail store signs. Rising popularity of indoor advertisements is boosting the sale of vinyl stickers at the global level. Latest printers have several features for vinyl printing, which is promoting the vinyl sticker segment.

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Based on end user, the market has been divided into BFSI, retail, entertainment, sports & leisure, and others. Retail is the largest and fastest growing segment. Rising demand for FMCG products is one of the major factors driving the market.

As per the distribution channel, the global flex banner market is bifurcated into online and offline. Companies are investing in online markets by understanding the growing demand. These companies are providing doorstep flex delivery, which is attracting end users to make purchases through online channels. Offline segment is the largest segment as a result of sales through authorized distributors.

The flex banner market is majorly driven by the advertisement industry. The continued dominance of static out of home advertisements is anticipated to continue to generate demand for flex banners. The steadfast growth of urbanization, access to broadband, and technological innovation increasingly promotes a better ecosystem for out-of-home (OOH) media. Now more than ever before, OOH media continues to foster effective communication between consumer and marketer. OOH media offers relatively higher penetration than any other advertisement media.

The ability of digital OOH to offer interactive and more impactful advertisement is expected to give it an edge over the static OOH market. This is likely to hinder the market for static signage. Digital-out-of-home (DOOH) is a modern form of advertising that uses digital media for endorsing audio and video messages related to products or services outside the home. DOOH, also known as digital signage, is projected to effectively replace the traditional and orthodox forms of marketing and advertising.

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Flex Banner Market: Prominent Regions

Asia Pacific accounted for a dominant market share in 2019. Increasing demand from end user segments coupled with easy government rules and regulations for establishment of small & medium manufacturing units is expected to boost the market growth. North America is the second largest market as a result of large number of FMCG companies.

Flex Banner Market: Key Players

Key players operating in the global flex banner market include 3M Corporation, ADDICA INDUSTRIES LLP, Cleena Industries Pvt. Ltd., Cooley Brand, Hongshida, LG HAUSYS, Pioneer Flex, Qrexflex, SHANGHAI HANKER INDUSTRIAL CO., LTD, and Ultraflex Systems Inc. Trend of mergers & acquisitions is observed in this market. Large players are acquiring small, local flex manufacturers to increase their market share.

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High-definition Audio Products Market Forecast Analysis by 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.

Key Players Operating in the Global High-Definition Audio Products Market

The high-definition audio products market is moderately consolidated with presence of many key global players specialized in the audio industry along with many regional players providing niche products to specialized clients. A few of the key players operating in the global high-definition audio products market include:

• Astell&Kern
• Bowers & Wilkins
• FiiO Electronics Technology
• Harman International
• Koninklijke Philips N.V.
• LG

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Maternity Intimate Wear Market to Witness Robust Expansion by 2027

 

• In the past few years, the intimate apparel business has undergone significant technological change and seen the introduction of new design techniques, measurements, innovative material, and enhanced production methods, which has resulted in transformation of quality, range, and applications of women’s intimate garments
• The maternity intimate wear section of the overall women’s intimate wear market predominantly comprises maternity bras, underwear, and body shapers. Comfort plays a key role in defining the product characteristics as compared to outer wear as these intimate wear come in direct contact with the skin,.
• Maternity intimate wear in recent years has gained noteworthy popularity owing to growing awareness about comfort and health of mothers.
• Maternity intimate wear brands across the globe have been reaping the significant benefits of online distribution channels and using the same to increase their global sales substantially

Growth in Online Shopping Trends to Drive the Demand for Maternity Intimate Wear

• Companies operating in the mother and baby care industry are increasingly taking advantage of social media and digital platforms to promote their offerings through interactive content
• Women during pregnancy need to take good care of their health; in order to raise the awareness about the same, mother care brands have been using the digital platform to educate customers about the benefits of using dedicated lingerie for pregnant women or mothers.
• The trend is likely to contribute to the global growth of the maternity intimate wear market

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Market Growth Opportunities Aligned with Continued Research & Development in the Maternity Intimate Wear Sector

• Maternity care industry players have been charting significant innovations in their product offerings.
• In recent years, the market has seen launch of different maternity intimate wear, including shape wear, and pump strap hands-free pumping bra
• Numerous growth opportunities are expected in the market with continued product innovation

Growth Opportunities with Rising Trend of Premiumization

• Premiumization coupled with expansion of luxury products in countries such as the U.S, U.K, Germany, and Japan etc. is likely to create new opportunities for maternity intimate wear that offers more health and wellness benefits
• Although luxury maternity intimate wear accounts for smaller share, they are likely to attain a noteworthy growth pace due to growing count of affluent shoppers, channel expansion, and premiumization

Asia Pacific to Hold Leading Share of the Global Maternity Intimate Wear Market

• In terms of geography, the global maternity intimate wear market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the maternity intimate wear 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 market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The maternity intimate wear market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific dominated the global market in 2018, owing to presence of leading industry players as well as an exponentially growing maternity care industry across China, Japan, India, and South Korea
• The market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period

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Key Players Operating in the Maternity Intimate Wear Market

The global maternity intimate wear market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global maternity intimate wear market are:

• Cake Maternity
• Belly Bandit
• Hanesbrands Inc.
• Destination Maternity Corp.
• JoJo Maman Bébé
• Medela AG
• Tytex AS

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Probiotic Cosmetic Products Market Status and Outlook

The probiotic cosmetic products market may record moderate growth across the forecast period of 2019-2028 significantly due to the rise in popularity of probiotics as a prime ingredient in cosmetic products. Probiotics are live bacteria that yield a positive impact on the skin and the digestive system. Probiotics are effective on skin and are known for their calming effects. Growing awareness about personal appearance, health, and wellness may ping exponential growth for the probiotic cosmetic products market.

This upcoming report on the probiotic cosmetic products market provides an in-depth analysis of the current market situation. The report covers factors like competitive landscape, key players, regional analysis, and ongoing trends. The report also offers analytical research on how the COVID-19 pandemic will impact the probiotic cosmetic products market. The segmental study enables an individual to thoroughly understand the probiotic cosmetic products market.

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Probiotic Cosmetic Products Market: Competitive Landscape

The probiotic cosmetic products market is hypid with local and international players in the fray for acquiring a dominant position. For gaining a competitive edge over others, the players in the probiotic cosmetic products market are always in the quest for developing products that are cost-effective and have a positive impact on the skin of the consumers. Manufacturers are also trying to produce cosmetic products laced with probiotics and other ingredients to enhance the quality of cosmetic products.

Companies are investing in research and development activities for enhancing product quality. Mergers and acquisitions also form a prominent growth strategy and aid in strengthening the position of the key players. Joint ventures, partnerships, and collaborations are also pinging good growth opportunities for the probiotic cosmetic products market. Key players involved in the probiotic cosmetic products market are Aurelia Skincare Ltd., L’Oreal S.A., Estée Lauder Inc., Esse Skincare, and Unilever PLC.

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Probiotic Cosmetic Products Market: COVID-19 Assessment

The probiotic cosmetic products market may display a lag in the growth rate due to the COVID-19 outpeak. Production facilities are shut due to the enforcement of lockdown in various countries to contain the transmission of COVID-19. This factor may stunt the growth of the probiotic cosmetic products market.

To revive the economy, many countries are lifting lockdown restrictions to a certain extent and providing room for the growth of the probiotic cosmetic products market. Numerous individuals have turned to concentrate on skin care during the lockdown period. This aspect may ping tremendous growth to the probiotic cosmetic products market. With more relaxations in the pipeline, the probiotic cosmetic products market is estimated to recover its growth in the post-lockdown era.

Probiotic Cosmetic Products Market: Key Trends

The study on the use of various probiotics in cosmetic use is giving many opportunities for the probiotic cosmetic products market to grow. The use of lactobacillus in treating acne is a classic example. The use of non-live probiotic from bacteria may also gain considerable momentum during the forecast period. For instance, the Aurelia Probiotic Skincare Concentrate uses a non-live prebiotic from bifidobacteria that helps in protecting and balancing the skin.

The launch of serums and creams with skin microbiota-targeted benefits is also gaining traction. Therefore, such developments may acquire a prominent hand in spearheading the growth of the probiotic cosmetic products market.

Probiotic Cosmetic Products Market: Regional Analysis

The probiotic cosmetic products market is spread across North America, the Middle East and Africa, South America, Asia Pacific, and Europe. North America may contribute largely to the growth of the probiotic cosmetic products market due to the increasing preference of consumers for a healthier lifestyle. The increasing use of probiotic cosmetic products among millennials is also pinging great growth prospects for the probiotic cosmetic products market in the region.

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Smart Pillow Market to Witness a Pronounce Growth During 2027

 

• Smart pillows refer to pillows with some additional features such as shape adjustment and snoring control. People with sleeping disorders, heart disorders, diabetics etc. prefer these pillows. Technological development and product innovation is increasing the efficiency of smart pillows, which is expected to boost their demand in the coming years.
• Growing geriatric population and various sleep disorders are propelling the demand for smart pillows across the globe. Design of smart pillows is convenient and comfortable for older people and patients, which is also impacting their demand.

Key Drivers of the Global Smart Pillow Market

• Significant increase in sleep related problems and population of elderly people are propelling the demand for smart pillows. Additionally, increasing product efficiency due to advancement in these pillows such as new features (guided meditation and sleep mode) is boosting the overall market growth. Growing demand from hospitals and hotels (the commercial sector) is also expected to encourage the smart pillow market across the globe.
• Sleep related problems such as snoring is mostly associated with other health issues such as diabetes and obesity. Growing number of people with these issues is expected to be a major driving factor for the smart pillow market in the near future. Manufacturers involved in the production of smart pillows are also focusing on product innovation by increasing investment in R&D for product feature development and improvement in product efficiency. This is also anticipated to drive the market in the future.

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Smart Pillow Market Anticipated to Create Attractive Opportunities in Future

• Sleep deprivation may lead to depression, hormonal imbalance, weakened immunity, memory loss, obesity, irregular blood pressure, diabetes, and other chronic illnesses. Smart pillows have proven to be the best solution to prevent sleep related disorders. Increasing awareness regarding sleep disorders and growing preference for smart pillows is anticipated to create lucrative opportunities for smart pillow manufacturers in future.
• Smart pillows have several features such as different sleep modes, meditation guidance, and cooling technology which is also beneficial for travelers. This factor is expected to open up untapped markets for product vendors in the coming years.

High Cost of the Product Expected to Obstruct the Overall Smart Pillow Market

• Currently, high production cost is the major hindrance faced by smart pillow manufacturers.  Product cost and maintenance cost is high compared to regular pillows which is expected to affect the global smart pillow market during the forecast period. The high cost of the smart pillows makes it unaffordable for middle class consumers. This is anticipated to hinder the growth of the smart pillow market during the forecast period.

North America and Europe anticipated to dominate the global smart pillow market

• North America, followed by Europe, dominates the smart pillow market. These regions are expected to maintain their dominance throughout the forecast period. Large number of people suffering from sleeping disorders is a major driving factor of regional market growth. Consumers prefer good quality, expensive pillows for comfortable and adequate sleep.
• The market in Asia Pacific is also expected to show significant growth rate in the coming years due to increasing disposable income and increasing preference for modern health care facilities.  Growing awareness about sleep related problems across developing countries in Asia Pacific and Middle East & Africa is the major driving factor of the smart pillow market in these regions.

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Key Players Operating in the Global Market

The global smart pillow market is highly concentrated with major manufacturers accounting for around 20%–25% market share of the overall market. A few of the major players operating in the global smart pillow market include:

• Sunrise Smart Pillow
• ZEEQ
• 10minds
• ADVANSA
• Advanced Sleep Technologies, LLC
• Moona
• Gio Clavis
• Pressure Profile Systems Inc.

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Tiny House Market Overview Report by 2020-2030

Living in a house that is free from any kind of utility bills, mortgage, and rent is more like eternal bliss. These days, it is possible to live in houses that produce its own water and generates electricity bill. Even more, such houses can be built by an individual at a very affordable price. In a rapidly changing world, environment friendly and economic forces constantly ask us to re-evaluate how we live on this planet. The Tiny House Movement has gained immense popularity in the US and is gaining momentum outside the country as well. With current economic crisis induced by global pandemic, Civid-19, it is expected that tiny houses will gain considerable popularity across the globe, thanks to its low cost. Outbreak of novel coronavirus is likely to boost growth of the global tiny house market in the years to come. Tiny houses are all about living beautifully, simply, and yet one can have everything one needs.

Product and region are the two important parameters based on which the global tiny house market has been classified. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global tiny house market.

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Global Tiny House Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global tiny house market is mentioned below:

• In August 2019, Based out of Arizona, the US, Cavco Industries, Inc. is a prominent designer and makers of systems-built structures. The company made acquisition of Georgia-based Destiny Industries, LLC. The acquired company offers modular, manufactured, and affordable housing solutions to independent retails distributors in the south-eastern parts of the US. With this acquisition, Cavco Industries is expected to widen its geographical footprint and cater to more customers across the nation.

Some of the prominent organizations in the global tiny house market comprise the below-mentioned:

• Tumbleweed Tiny House Co.
• Skyline Champion Corp.
• CMH Services Inc.
• Tiny SMART House Inc.
• Cavco Industries Inc.
• Humble Hand Craft

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Global Tiny House Market: Key Trends

The global tiny house market is characterized by the presence of the following restraints, drivers, and opportunities.

Demand for Energy Efficient Homes to Pave Way for Rapid growth of the Market

The global tiny house market is likely to be driven by the rising cost of living together with very high interest rate of home loans. High interest rates on home loans have been driving consumers to look for affordable housing solutions. Consumers are also getting increasingly interested in homes that have low maintenance cost, are energy efficient, and environment friendly. Growing interest and spending on such cost effective, environment-friendly tiny houses is likely to shoot up the demand for the product in the years to come.

There has been a growing interest amongst the manufacturers to build tiny houses so as to considerably reduce the impact of the house owners on the environment. In comparison with conventional residences, tiny houses are highly energy efficient as well. Tiny houses require very less electrical fixtures and electronic equipment, which often result in the reduced cost of energy in the long run. In addition to that, many of the tiny houses are powered by solar energy, which further reduces the cost of energy. Many of the tiny house owners go for spraying of clear coating metallic oxide to regulate temperatures at these houses. All these factors are likely to support growth of the global tiny house market in the years to come.

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Inventory Management Software Market Expected to Witness a Sustainable Growth over 2027

Growing e-commerce industry and prevailing technological developments are providing huge potential to the solutions providers across the globe. The companies are offering solutions that can reduce the time consumed during the monitoring and managing the assets of the businesses. One solution in particular the inventory management software is currently gaining major traction these days. This is because of the growing trend of online shopping and online rental services. These industries rely heavily on inventory and hence the monitoring is crucial. As a result of these requirements, the global inventory management software market is growing at a rapid pace in the forecast period of 2019 to 2027. 

A report by Transparency Market Research provides crucial information about the changing dynamics of global inventory management software market. The report covers facets like current developments, major market challenges and key trends pertaining in the global inventory management software in the forecast period of 2019 to 2027. 

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Global Inventory Management Software Market: Notable Developments 

The global inventory management software market will witness a highly competitive scenario in coming years. This is because of the emergence of various players providing solutions integrated with technologies that can transform the inventory management sector altogether. As automation strengthen its grip over various business verticals, inventory management software providers are adopting technologies that can support automation. 

Also, to maintain their dominance in global inventory management software market, established organizations are acquiring various new and small businesses. This strategy allows the businesses to use the technology of smaller company to improve their product portfolio and gain a competitive edge over the rivals. This strategy also allows the organizations to strengthen its stronghold over the global inventory management software market in the projected time frame. 

For instance: 

• In 2018, Callidus Cloud Software, Inc. was acquired by SAP SE. The acquisition was aimed to strengthen SAP's position in inventory management software market with the integration of modern CRM along with sales optimization capabilities. With this acquisition SAP SE can gain a considerable growth in global inventory management software market during the forecast period of 2019 to 2027. 

Some more prominent players of global inventory management software market are: 

• Oracle
• SAP SE
• Microsoft
• Wasp Barcode Technologies 

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Global Inventory Management Software Market: Key Drivers 

Importance of Real-Time Information 

The new tools arriving in the global inventory management software market are allowing businesses to become proactive about maintaining their inventory. The software developers are incorporating technologies that can provide historical as well as current data about the inventory in real-time. This allows the players to plan and manage future strategies that can help them improve their profit quotient. With the real-time information provided by these software, businesses can manage the budget and invest on plans that can help the businesses to expand. As a result of these benefits numerous businesses are implementing inventory management software in their business which is helping the global inventory management software to grow a steady pace in the forecast period of 2019 to 2027. 

Optimal Task Automation 

Having a precise idea about the current status of inventory can allow organizations to plan their task in optimal manner. With advanced inventory management software, enterprises can predict exact time to conduct a task which in turns improves the efficiency of the business. As a result of this benefit, the global inventory management software market is experiencing a substantial growth in the forecast period of 2019 to 2027. 

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