Wednesday, 16 September 2020

White Goods Market Report, Industry Overview, Growth Rate and Forecast 2027

White goods include heavy, consumer durable products such as freezers, refrigerators, water heaters, air-conditioning units, washing machines, and other domestic as well as commercial, large-sized appliances. A majority of these products are ideally painted in white enamel finish. Though these products are available in varied colors, they are still recognized as white goods. The white goods market is undergoing significant transformation, owing to entry of several mid-sized players in the market.

The degree of competition in terms of price among small brands worldwide is increasing. Growing presence of Asia-based players across the globe led by strong growth of the market in the region and strategic acquisitions worldwide are a few trends being witnessed in the market. A majority of brands of consumer durable products based in China and South Korea hold 63% share of the global white goods market. Availability of inexpensive labor is ultimately helping in the manufacture of final products at a significantly low cost.

The global white goods market is anticipated to expand at a prominent rate in the near future. Increase in the disposable income has been one of the key factors driving the white goods market. Additionally, increase in use of white goods for entertainment, luxury, and R&D purposes is boosting the market. Additionally, emergence of e-commerce platforms coupled with easy payment options has resulted in rise in sales of white good. This platform has helped consumers select products from a variety of manufacturers at an affordable price. This has boosted the demand for white goods.

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However, rising concerns about global warming led by increasing emissions of greenhouse gases (GHGs) from several white goods are restraining the white goods market. Usage of refrigerators, air-conditioning units, etc. results in depletion of the ozone layer, global warming, increased health risks, and rising seawater levels. However, manufacturers of consumer appliances are coming up with eco-friendly products. Products that consume low energy, enhanced safety standards, and IoT-connected devices are becoming popular in the market. This becomes good opportunity as these product are environment friendly and well accepted in the market.

The global white goods market can be segmented based on product, end-use application, distribution channel, and region. Based on product, the global market can be classified into refrigerators, washing machines, air-conditioners, microwave ovens, dishwashers, vacuum cleaners, and others. Based on end-use application, the market can be divided into residential and commercial. The commercial segment can be sub-classified into hotels & restaurants and ice cream parlors. According to distribution channel, the global white goods market can be segmented into online and offline.

The online segment can be sub-divided into company-owned portals and e-commerce sites, whereas the offline segment can be sub-divided into supermarkets & hypermarkets, specialty stores, and retail-based stores. In terms of region, the global white goods market can be categorized into North America, Europe, Asia Pacific, Middle East & Africa, and South Africa. North America and Europe hold a major market share, owing to presence of numerous players in these regions. However, Asia-based companies are thriving the global market.

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Prominent players operating in the global white goods market are Lloyd Electric & Engineering Limited (India), Whirlpool Corporation (the U.S.), Johnson Controls International Plc (Ireland), LG Electronics Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Panasonic Corporation (Japan), and Koninklijke Philips N.V. (the Netherlands). Players compete with one another in terms of new product designs and advancements in technology in order to attain a competitive edge in the market. Advancements in technology and strong geographical presence play important role for these players in gaining a competitive edge in the market.

Disinfectant Wipes Market Report, Industry Overview, Growth Rate and Forecast 2027

Disinfectant wipes clean as well as disinfect surfaces and are extensively utilized in personal care, baby care, food services, households, and health-care. Disinfectant wipes are dampened with water and the paper is treated with softeners, perfumes, lotions, and chemicals to maintain the physical properties of the wipe. Methylisothiazolinon is a common preservative that is used to prevent bacterial and fungal growth in the disinfectant wipes package.

The disinfectant wipes market is likely to expand significantly in both developed as well as developing countries, as these wipes offer consumers hygienic, all-in-one and timesaving solution to clean up any mess. Baby wipes are the most sought-after type of disinfectant wipes. Baby wipes is a mild product that is made of regenerated cotton. Personal care is another major segment of the disinfectant wipes market. Consumer preference for disinfectant wipes is anticipated to increase in the near future, as they are convenient and easy to carry.

Global Disinfectant Wipes Market – Competitive Landscape

Reckitt Benckiser

Reckitt Benckiser is a leading player in the field of consumer home, health, and hygiene. The company manufactures and distributes a wide range of household, health, toiletry, and food products worldwide. Its products include disinfectant wipes, dishwashing detergent, disinfectant spray, fabric treatments, and cleaners, personal care, food, and over-the-counter drugs. The company sells disinfectant wipes under the brand Lysol.

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The Clorox Company

The Clorox Company is a prominent global company that specializes in the manufacture and marketing of consumer and professional products. It has approximately 8,700 employees located across the globe. The Clorox Company operates through four segments: lifestyle, household, cleaning, and international. It offers professional cleaning, disinfecting, and food service products under the Clorox brand.

Kimberly-Clark Corporation

Kimberly-Clark Corporation is a notable manufacturer of consumer tissue, personal care, and professional products. It operates globally through three segments: consumer tissue, personal care, and K-C professional. Under the consumer tissue segment, the company provides napkins, paper towels, facial and bathroom tissues, and related products, which are marketed under the following brands: Scottex, Kleenex, Andrex, Scott, Cottonelle, Viva, and Neve. It also offers baby wipes, training and youth pants, disposable diapers, swim pants, feminine and incontinence care products under the personal care segment. The company’s K-C Professional segment manufactures wipes, apparel, towels, tissues, soaps, and sanitizers that are sold under the Kleenex brand.

CLAIRE MANUFACTURING

Claire manufacturing has a vast experience of over 100 years in the sanitary supply industry. The company manufacturers wipes, air fresheners, aerosols, including cleaners, insecticides, disinfectants, and polishes. The company is currently, based in Illinois, U.S.

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PARKER LABORATORIES, INC.

Parker Laboratories, Inc. is a leading player that provides medical products globally. It also manufactures, develops, and sells lines of institutional cleaners and disinfectants, as well as ultrasound and electromedical contact media. The company sells disinfectant wipes under the brand Protex Ultra.

Impact of Covid-19 Eye Cream Market Overview, Growth and Forecast by 2026

Creams that have been specifically formulated for the treatment of the delicate under eye part are termed as eye creams. These creams usually have higher oil content than the regular face creams or lotions, and contain a high amount of active pharmaceutical ingredients to reduce or erase dark circles, aging lines, and wrinkles.

The global eye cream market is driven by various factors, for instance increasing availability of customized products that are easy to use, lifestyle changes, and rising number of beauty shops, which are estimated to drive the eye cream market throughout the forecast period 2018 - 2026. Furthermore, benefits offered by new product include advanced treatment solutions and they are designed for different skin types which are the key drivers likely to expand the overall eye cream market in the coming years. However, health issues related to harmful chemicals used in the products is projected to hinder the eye cream market in the future. Furthermore, increasing penetration rate of new players entering the market is set to provide a better opportunity to boost the eye cream market in the future.

The global eye cream market has been bifurcated by product type, application, ingredient, age group, distribution channel, and region. Based on product type, the eye cream market is divided into medicated and cosmetic product type. By application, the market has been split into sun protection, dark circles, wrinkles & anti-aging, hydrating, puffiness, cleansers, and others (infections etc.).

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Based on ingredient, the eye cream market can be segmented into organic ingredient and synthetic ingredient. According to age group segment, the market is separated by age<20, age 20-35, and age 35-50. On the basis of distribution channel, the market is divided into online and offline. Offline can be further bifurcated into hypermarkets and supermarkets, independent retailers, pharmacies and drugstores, convenience stores, cash and carry stores, and department stores. Offline channel holds the highest market share in terms of revenue in the eye cream market.

In terms of region, the global eye cream market is categorized across 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. Europe’s eye cream market analysis and forecast 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 segment depicts the eye cream market analysis and forecast across GCC countries, South Africa, and Rest of Middle East & Africa. The South America eye cream market is segmented among Brazil, Mexico, and Rest of South America. Asia Pacific is the dominating market for eye cream products owing to high skin care awareness and increasing disposable income of the population. Amongst Asian countries, China and India have significant potential due to huge population growth and rising number of local brands.

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Key players serving in the global eye cream market includes Sephora, Akorn Consumer Health (Thera Tears), Bausch & Lomb Incorporated, Colorbar Cosmetics Pvt Ltd., Estee lauder, Eye Care Cosmetics, Helena Rubinstein, iS CLINICAL, Jan Marini Skin Research, Inc., Johnson & Johnson Vision, La Roche-Posay, L'Oréal S.A., New Avon LLC, PCA Skin,Shiseido Co.,Ltd., and The Body Shop International Limited. Players in the eye cream market are estimated to take advantage of the rising demand for eye care treatment in the coming years, due to the growing consciousness of consumers about their appearance in public. The players are launching new products which include low-cost products to premium product brands. The market is projected to see an upsurge in the trend of rising sale owing to higher purchasing power of women. As a result, the overall eye cream market is estimated to surge.

Fancy Yarn Market Trends and Dynamics, Drivers

Transparency Market Research delivers key insights on the global fancy yarn market. In terms of value, the global fancy yarn market is estimated to expand at a CAGR of ~6% during the forecast period 2020 to 2030, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global fancy yarn market report.

In the report, TMR predicts that the global fancy yarn market would be largely driven by increasing demand for fashion fabrics, rapid expansion of the middle-class population, and changing consumer preferences regarding fashion and clothing. These factors are expected to boost the market during the forecast period. 

According to the fancy yarn market report, the product type segment has been divided into spiral yarn, gimp yarn, loop yarn, snarl yarns, knob yarns, slub yarn, and others. In terms of fiber, the fancy yarn market has been segregated into cotton, wool, silk, polyester, rayon, and others. Cotton, polyester, and various other synthetic & blended fibers are most commonly used to make different types of fancy yarns.  

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Based on price range, the fancy yarn market has been classified into low, medium, and high. Based on end use, the global fancy yarn market has been split into fashion clothing, knitwear, ties, furnishings, curtains, upholstery, and others. As per the distribution channel, the global fancy yarn market has been bifurcated into online and offline. Companies are offering wide and exclusive range of fancy yarns through distributors and retailer networks. 

The style conscious younger generation is increasingly investing in fashion clothing and always looking for diversified offerings. Fashion fabrics are used in knitwear, outwear, and men’s jackets, among others. Hence, it plays a crucial role in driving the fancy yarn market. Therefore, the rising importance and demand for fashion fabrics in furnishing projects, women’s clothing materials, and men’s suiting materials is expected to fuel the worldwide market growth of fancy yarns.

Fancy Yarn Market: Prominent Regions

Asia Pacific was the dominant and fastest growing market for fancy yarn in the year 2019. China and India are major markets for fancy yarn in the Asia Pacific region and are responsible for the growth of the fancy yarn market in the region in recent years. The evolution of the textile industry and rise in usage of fancy yarn in different industries are anticipated to drive the overall sales of fancy yarns in the near future.

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Fancy Yarn Market: Key Players

Key players operating in the global fancy yarn market include Filpucci Spa, Filati G.B. Srl, Ipeks Tekstil, Jiangyin Huayi Yarn Co., ltd, Laxtons Limited, Siyaram’s Silk Mills Limited, Sutlej Textiles and Industries Limited, Kongkiat Textile Co ltd, Winning Textile Co Ltd., Softech Controls Pvt. Ltd., PinterCaipo, Skaat Machine Works India Pvt. Ltd., Saurer AG, and Rieter.

Maritime Security Market Research Report 2020, Industry Trends, Share, Size, Demand and Future Scope

The global maritime security market is projected to demonstrate ascending demand graph during the forecast period of 2019 to 2028. Key reason attributed to this growth is increased need for maintaining the marine security. The maritime security system is gaining popularity in various countries owing to its ability to offer advanced technology to spot threats and communicate with officials. Through this system, ports, vessels, and other infrastructure concerned with the shipping business are offered protection from intended damage through sabotage, terrorism, or subversion.

An upcoming research report from TMR on the maritime security market provides in-depth study of key elements supporting or obstructing the market growth. Apart from this, the report aims to covers dependable data on shares, volume, and various business strategies used by vendors working in this market. Thus, the report is a valuable guide of the maritime security market for the forecast period of 2019–2028.

The global maritime security market is segmented on the basis of various key factors such as type, threat and vulnerabilities, end-user, and region.

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Global Maritime Security Market: Growth Dynamics

The global maritime security market is growing on the back of plethora of reasons. A report from the Allianz Global Corporate & Specialty states that around 90% of worldwide trade is carried by international shipping. This factor highlights significance of the international maritime security, thereby fuels the growth of the global maritime security market.

In recent years, there is considerable growth in the marine terrorism-related incidents across the globe. This situation has pushed the military forces to take initiatives and avoid such incidents in future. Deployment of maritime security solutions is one of such initiatives.

Vendors working in the global maritime security market are pouring efforts to advance maritime safety solutions and services. These efforts are helping companies engaged in the shipping and transport business to protect themselves from unethical and illegal acts and threats. As a result, the market for maritime security is witnessing stupendous expansion opportunities.

However, some factors are restraining the growth of the global maritime security market. Ungoverned marine regions and need of uniform standards for maritime safety technologies and solutions are some of the key factors obstructing the market growth.

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Global Maritime Security Market: Notable Development and Competitive Analysis

The global maritime security market is moderately fragmented in nature. Presence of considerable number of well-established players shows that the competitive landscape of the market for maritime security is highly intense. Vendors in the market for maritime security are executing numerous tactics to maintain their prominent market position.

Photonics Market is poised to witness tremendous growth over 2020-2027

The global photonics market is consolidate in nature as it is led few leading companies in the market. To form a firm hold in the market the leading players are investing in mergers and acquisitions, new product launch, and expanding the geographical reach. Moreover, to enhance their market share, these players are also engaged in research and development activities to offer better quality of product to their customers. Some of the few leading players in the market are Hewlett-Packard Co., Hamamatsu Photonics K.K., Finisar Corp., IBM Corp., 3S Photonics S.A.S., Luxtera, Inc., and Infinera Corp.

According to the statistics provided by Transparency Market Research, the global photonics market is expected to rise at 5.8% CAGR during the forecast period from 2019 to 2027. The valuation of this market is likely to reach US$71136.49 bn by the end of 2027 progressing from US$681.78 bn earned in 2018.

The application of photonics is widely seen in the medical and healthcare sector and during the forecast period, it is expected to rise at 7.4% of CAGR. The growing demand for minimally invasive surgeries across the globe is one of the major factor for the growth of this segment. Moreover, increasing need for early and accurate diagnosis has created the need for photonics in medical and healthcare segment. Based on geography, in 2018, North America led the global photonics market. Increasing demand for high speed and accurate communication and presence of business utilities has been driving the need for photonics in this region.

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Rising Application of Photonics to Help Market Gain Momentum

Growing application of photonics is various areas such as medical and healthcare, sensing, metrology, communication, display, consumer electronics, safety and defense technology, and various other is driving the demand in the photonics market. Moreover, demand for photonics is comparatively high in medical and healthcare sector due to increasing demand for early and accurate diagnosis.  Rising preference for minimally invasive surgeries has also boosted the demand for photonics based instruments in medical and healthcare.  On the other hand, the demand for photonics is also high in displays due to changing requirement of customers and rising disposable income. Emerging economies like India, China, Japan, and others are also driving the demand for displays with the increasing manufacturing utilities in these regions.

Component Integration of Photonics into Small Circuits Hampering Market Growth

Despite the growing application of photonics in various sectors, few challenges are also present in the market that could hamper the growth of this market. One of the major challenge is the thermal effect affects the embed components at a nanometer scale. The component integration of photonics into small circuits that is largely faced by photonics component manufacturers is also affecting the growth of the photonics market at the global level. Moreover, inefficient electroluminescence as it use light sources in the optical network also poses a significant challenge in this market. However, growing demand for photonics based instruments is rising in emerging economies, which may dive the overall market’s growth.   

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The information presented in this review is based on a TMR report, titled “Photonics Market (Application – Communication, Metrology, Medical and Healthcare, Sensing, High Performance Computing, Safety and Defense Technology, Consumer Electronics, Displays, and Safety and Defense Technology; Product - Wavelength Division Multiplexer Filters, Waveguides, LED, Optical Modulators, Optical Interconnects, Photo Detectors, Lasers, and Amplifiers  ) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 - 2027.”

Non-Volatile Dual In-Line Memory Module (NVDIMM) Market Size to record substantial gains by 2027

Prominent NVDIMM manufacturers include SK Hynix, Inc. (Korea), Integrated Device Technology Inc. (The U.S) and Fujitsu Limited (Japan). The global NVDIMM market is likely to represent a lucrative playing field for new entrants in the coming years, due to the high value of the market as an ancillary of the booming computing sector. The widespread vendor base of established companies is likely to enable a steady share nevertheless.

According to Transparency Market Research (TMR), the global NVDIMM market is expected to exhibit a CAGR of above 12% in the 2019-2027 forecast period. The market’s revenue valuation is likely to rise to more than US$180 mn by 2027.

By product type, the global NVDIMM market is segmented into NVDIMM-F and NVDIMM-N. The presence of DRAM components is likely to ensure steady dominance of NVDIMM-N in the coming years, as the higher speed enabled by DRAM is a key driver for NVDIMM-N units.  Geographically, North America contributes the dominant share in the global NVDIMM market and is likely to remain an influential player in the coming years due to the steady presence of several leading players in the global NVDIMM market. Leading U.S.-based players such as Viking Technology Inc. and Micron Technology Inc. Asia Pacific is also an important for market for NVDIMM and is likely to be valued at US$35.7 mn by the end of 2025.

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Growth of Data Centers in Asia Pacific Key to Growth of NVDIMM Market

One of the prime drivers for the global NVDIMM market is the rising prominence of the data center sector in developing Asia Pacific economies. The steady growth of the data center sector has prompted a rise in the demand for high-end workstations as well as enterprise storage and server infrastructure, which is likely to strengthen over the coming years in line with the rapid development exhibited by countries in Asia Pacific. The rising indigenous tech sector in emerging countries such as India, China, and Japan is also likely to remain a key contributor to the global NVDIMM market in the coming years.

Integration of NVDIMM helps to improve the performance of various devices in terms of storage, cache, indexing, message queuing, logging, batch processing, on-line transactions, and RAID (redundant array of independent disk) applications that require higher throughput, while simultaneously offering fault-tolerant data integrity. The high performance of these devices is crucial to hyper-scale computing environments that are focused on cloud computing, big data analytics, and high-performance database applications. Thus, NVDIMMs are primarily aimed for huge in-memory computing tasks such as ultra-speed in-memory transactional database systems including those used in search engines and hyper-scale computing applications.

The help provided by advanced NVDIMM in enabling stronger data security is likely to be a key driver for the global NVDIMM market in the coming years. Data security has become a vital topic for the business and industrial sector due to the rising utilization of digital data storage mechanisms in a number of industries and the rising risk of cybercrime. The stability of data storage provided by the use of NVDIMM units is thus likely to be a key driver for the global NVDIMM market in the coming years. Further, many key players from NVDIMM market are focusing on standardizing NVDIMM for various benefits. For instance, in 2019, Netlist, Inc., a company that offers SSDs and other systems worldwide announced that they are trying to standardize NVDIMM-H so that Netlist’s product from HybridDIMM storage class memory will gets comply with NVDIMM-H standard for offering low cost storage capacities in memory channel.

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The information in this preview comes from a TMR report titled ‘Non-Volatile Dual In-Line Memory Module (NVDIMM) Market (Product Type: NVDIMM-F, NVDIMM-N; Application: Enterprise Storage and Server, High-End Workstation, Networking Equipment) - Global Industry Analysis, Trend, Size, Share and Forecast 2017 - 2025.’

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 ...