Dishwasher Tablet Market: Leading Segments and their Growth Drivers 2020-2030

 

• Dishwasher tablets are a highly popular category of dishwasher detergent. Dishwasher tablets account for nearly one third of the dishwasher detergent market, followed by liquid/gel and powders.
• Dishwasher tablets are considered to be more efficient and safer than their substitutes as they come with precise dosage requirement per wash and are pre-equipped with rinse aids and other additives, which facilitate enhanced quality of cleaning by dishwashers
• Dishwashing tablets are also capable of combining tasks such as pre-wash and de-greasing, which subsequently results in less time consumption in terms of soaking and scrubbing the dishes. Dishwasher tablets are even available that aim to clean the dishwasher as well.
• Rise in consumer preference for dishwasher tablets is predominantly due to their convenience, hygiene considerations, and energy-saving characteristics.
• Dishwasher tablets are generally in the form of small bricks of concentrated powder, making it convenient for end-users

Rising adoption of dishwasher tablets by restaurants and hotels driving the dishwasher tablet market

• A large number of restaurants and food joints across the globe have been seen veering toward using dishwasher tablets. This is majorly because dishwasher tablets reduce the amount of soap penetrating into the water supply that in turn releases the pressure on water treatment plants.

Relatively high price of dishwasher tablets might hinder market growth

• Dishwasher tablets are relatively expensive compared to liquids, gels, and powders, which makes the market significantly price sensitive
• Also, dishwasher tablets are less flexible during different dishwasher loads. In such cases, liquids or gels are considered more efficient, as the dosage of the detergent can be changed as per the load of the dishwasher
• These are some of the factors that are limiting the adoption of dishwasher tablets, particularly in geographies with low to medium income population

Impact of COVID-19 on the Market

• The COVID-19 pandemic did not have a major impact on the dishwasher tablets market, as these are day to day consumption products
• On the contrary, hygiene concerns resulted in increased consumption of dishwasher tablets from residential end-users
• However, the market might have been impacted by commercial customer demand, as globally, restaurants and food joints had to shut their operations at various places, resulting in lower consumption of detergent tablets

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Rising demand for Environment Friendly Dishwasher Tablets: Key Demand Side Trend

• More and more consumers have been opting for dishwasher tablets that are environment friendly
• This has therefore shifted the focus of manufacturers to manufacture dishwasher tablets that are labeled with green credentials
• For instance, in the U.K, many dishwasher tablet launches were directed toward environment friendly packaging. The trend has had considerable impact on the dishwasher tablet market growth. Consumers in European and American provinces not only prefer environment friendly options, they are ready to pay a premium for the products with environment safety claims.

Europe to Hold Leading Share of the Global Dishwasher Tablet Market

• In terms of geography, the global dishwasher tablet 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 the North America dishwasher tablet market features the U.S., Canada, and Rest of North America. Analysis and forecast of the dishwasher tablet 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 dishwasher tablet market in South America is segmented into Brazil and Rest of South America.

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• Europe dominated the global dishwasher tablet market in 2018, attributed to higher adoption rate of dishwasher tablets in the region. Growth in population and increasing environmental concerns has been driving the dishwasher tablet market in Europe, particularly in the U.K and France.
• The dishwasher tablet market in Asia Pacific is projected to expand at a rapid pace, followed by Europe and North America during the forecast period.

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Liquid Laundry Detergent Market: High-growth Regions to Expand Geographic Footprint 2020

Liquid laundry detergent is manufactured using several raw materials such as water softeners, bleach and various enzymes among others. Liquid laundry detergent is primarily employed in cleaning laundry and has two major end user segments namely residential and commercial. The commercial applications include textile industry, hospitality industry, laundry services and others. Residential includes its use in household cleaning.

Demand for liquid laundry detergent is driven by ease in application and less wastage as compared to detergent powders. On account of which, liquid laundry detergent are gaining acceptance and substituting the traditional detergent powders and soaps. Growing population and increasing disposable income of consumers leading to increasing demand for clothing, hospitality and several other end user segments has been among the major driver for market growth. Liquid laundry detergent cause several environmental hazards hence, degradability has been among the major restraint for market growth. Research and development activities to develop bio degradable liquid laundry detergent are expected to offer huge growth opportunity for the market.

 

North America dominates the global demand for liquid laundry detergent in terms of consumption. Asia Pacific is the largest producer and is expected to emerge as the fastest growing region in terms of consumption during the forecast period. Asia Pacific has two of the largest economies in terms of population, viz., India and China. Increasing awareness about liquid laundry detergent market and growth in industrial investment in these emerging economies is expected to drive the Asia Pacific market. Demand for liquid laundry detergent in RoW segment is expected to be driven by increasing demand from Latin America.

 

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Some of the market players in the liquid laundry detergent market include Henkel KGaA, Colgate-Palmolive Company, Procter & Gamble Co., Reckitt Benckiser Plc, The Clorox Company, Church & Dwight, The Dial Corporation and Unilever N.V. among others

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

• North America
• Asia Pacific
• Europe
• Latin America
• The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

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Smart Connected Pet Collar Market : Factors Helping to Maintain Strong Position Globally 2020-2030

 

• A smart connected pet collar is a device used in pet monitoring. The device is usually connected wirelessly to a smartphone via Bluetooth or Wi-Fi to monitor the location and activities of pet animals. Currently, most of the products available in the market are designed specifically for dogs and cats. Based on the breed type, a variety of sizes are available to suit different neck sizes of dogs and cats.

Key Trends in the Global Smart Connected Pet Collar Market

• Technology advancement and growing pet adoption are identified as key market drivers for the global smart connected pet collar market. Increasing adoption of smartphones ensures the better utilization of IoT for pet care and overall monitoring. The pet is just like a human baby for many people and it needs constant care and attention. The most recent pet ownership study by the American Pet Products Association (APPA) noted that 85 million families (68% of all U.S. households) own a pet, and more and more of these families are viewing their pets as family members.
• In developed countries, the smart connected pet collars are more popular and records strong demand compared to developing countries. High per capita income and the presence of Tier 1 companies are the key market drivers in developed countries. Moreover, significant consumer awareness about the products available in the market is expected to drive the future growth of the smart connected pet collar market in developed regions.

Opportunities in the Global Smart Connected Pet Collar Market

• Emergence of new technologies which can be easily integrated with the existing smart home technologies are expected to offer potential opportunities to the smart connected pet collar market. Also, consumers in developing countries are becoming more aware about smart pet wearable.
• Multipurpose smart collars which encompasses all the essential functions in a single device is expected to gain significant opportunities in the coming years, especially in the North America and Europe market. 

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The Impact of COVID-19 on the Smart Connected Pet Collar Market

• The pandemic has shown strong impact on consumer spending across the globe. The loss of income during lockdown and uncertain future is expected to affect the consumer spending on pet ownership and pet care. However, the pandemic has allowed pet owners to spend more time with their pets and to realize their nutritional and emotional needs in a better manner. Strengthened bonds are expected to boost the demand for IoT enabled pet care products once the economic conditions improve.

North America Records Dominant Share in the Overall Smart Connected Pet Collar Market

• By geography, the global smart connected pet collar market is classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC).
• Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast for the Europe market includes historical and forecast analysis of the smart connected pet collar market in the U.K., Germany, France, and Rest of Europe. Country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the smart connected pet collar market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America smart connected pet collar market is categorized into Brazil, and Rest of South America.
• The market growth in North America is attributed to the strong investment in research and development coupled with high consumer awareness and willingness to pay for advanced technologies. According to American Pet Products Association, Inc. (APPA) estimations, in 2019, U.S. pet expenditure amounted to USD 95.7 Billion. The expenditure includes spending on pet food, medical care, treatments, general care, and other grooming services.

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Key Players Operating in the Global Market

Investment in new technology and upgrade of existing product offering are the key strategies adopted by companies. Additionally, companies are gaining better consumer knowledge and undertaking product promotions to encourage the adoption of smart connected pet collars across untapped markets. Online distribution networks and technical proficiency are anticipated to offer competitive advantage to key market players. Companies are partnering with international e-commerce retailers to market and sell their products in overseas markets.

Some of the major companies identified in the global smart connected pet collar market include:

• SCOLLAR Inc.
• Eureka Technology Partners LLC
• FitBark Inc.
• Wagz Inc. 
• Mars Inc.
• PetPace
• Radio Systems Corp.
• Tractive GmbH
• Smart Tracking Technologies LLC
• Garmin Ltd.

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Whey Protein Market: Consumption, Sales, Production, and Other Forecasts 2020-2025

Whey Proteins are extracted from whey and it is a liquid material which is created as a by-product of cheese production. Whey is made up of different proteins which include alpha-lactalbumin, beta lactoglobulin, glycomacropeptide and serum albumin. In addition, whey protein has the ability to act as anti-oxidant, anti-tumor, anti-viral and chelating agent among others. Whey proteins are mainly considered as a dietary supplement and it results in various health benefits, thus providing an alternative to the medicine community. Whey proteins include multifunctional ingredients possessing properties such as water binding, solubility, gelation foaming and emulsification of foods. Advancement in technologies such as micro filtration, ultra-filtration, ion exchange, reverse osmosis as methods of processing has resulted in the production of different whey protein based products consisting of different nutritional values.

Rising demand for dairy based products coupled with inclination towards proper health and wellness in order to maintain proper protein intake are expected to drive the global whey protein market during the forecast period. The uses of whey as a source of amino acids help in reduction in the risks of various diseases which include cancer, diabetes and heart diseases. The market for whey protein is mainly driven by rising applications of whey in food and beverage products and growing emphasis towards ready to drink products. Strong research and development among the manufacturers has resulted in the development towards new and versatile products contributing to favorable market growth. Manufacturers take special care in order to preserve the biological activity, protein bound fats, and native protein structure.

However rise in manufacturing costs of whey protein based products coupled with health and safety concerns regarding consumption of the same are restraining the global whey protein market. Food and Drug Association has several regulations on the usages of whey protein. Over dose of whey protein has several side effects which include diarrhea, thrust, bloating and cramps. However, rising demands for infant products, dietary supplements for the elderly population, and rising applications of whey protein in personal care and sports nutrition segment are generating opportunities to the global whey protein market over the years.

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The market for whey protein market has been segmented on the basis of type and application. By type, the market of global whey protein has been segmented into whey protein isolate, whey protein hydrolysate and whey protein concentrate. By application the market has been segmented into dietary supplements, dairy products, infant formula, pharmaceutical, bakery and confectionary.

The market for whey protein market has been further segmented into by region namely North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Asia Pacific witnessed the fastest growth attributed to the growing opportunities of research and development among the manufacturers in order to develop new products coupled with growing health concern among the consumers. Rapid urbanization, coupled with rising population of the developing countries such as China, India, Indonesia and Malaysia are likely to trigger the growth rate of global whey protein market during the forecast period.

North America held a significant market share owing to increased whey protein production and distribution to several countries. Growing health concerns and inclination towards proper protein intake are resulting to the rise in demand for whey protein based products in North America. Furthermore rapid penetration of health care industries coupled with rising consciousness towards intake of proper foods in Europe which include Germany, France, Italy also boosted the growth of the global whey protein market over the years.

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Global key participants in the industry include Glanbia Plc, Hilmar Cheese Company, Davisco Foods International Inc. Global Maple Island Inc., Ingredia Inc., Nutribio, Alpavait, Wheyco GmbH, Leprino Foods Company, Milkaut SA, Fonterra Cooperative Group Limited, Saputo Inc. Agropur Cooperative among others.

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Commercial Refrigeration Equipment Market: Verified Value and Volume Forecasts up to 2025

The analysts of a recent business intelligence study by Transparency Market Research (TMR) has detected that the commercial refrigeration equipment market in the region of Latin America is consolidated in nature, with merely six companies accounting for about 92% of the total shares in 2016. The six companies, viz. Metalfrio Solutions, Illinois Tool Works, United Technologies Corp., Dover Corp., Daikin Industries Ltd., and Lennox International, are expected to maintain their stronghold over the competitive landscape in the near future too, while the competition among them will remain intense at the same time. For these six market leaders in the Latin America commercial refrigeration equipment market, the emphasis is expected to remain on strengthening of their supply chain, particularly in the important countries of Mexico, Brazil, and Argentina. Development and launches of new products that meet diverse demands is another mode for the market leaders to gain ground over their competitors.

If the projections of the TMR report are to be believed, during the forecast period of 2017 to 2025, the demand in the Latin America commercial refrigeration equipment market will increment at a notable CAGR of 6.50%. By the end of the forecast period, 2025, the analysts have estimated that the opportunities in the market will translate into a revenue of US$1,619.0 mn, considerably up from its evaluated worth of US$927.4 mn in 2016. As far as the new entrants are concerned, the entry barrier is expected to remain high in the near future and shares will remain distributed among the aforementioned six market leaders.

Based on product type, the report segments the Latin America commercial refrigeration equipment market into refrigerator and freezer, transportation refrigeration equipment, commercial refrigeration equipment parts, and beverage refrigeration. In 2016, the refrigerator and freezer segment provided for 37.4% of the demand in 2016 and is anticipated to remain most prominent throughout the forecast period. Application-wise, the market has been bifurcated into food and beverage retail, food services, food and beverage production, and food and beverage distribution.

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On the basis of refrigerant type, the market has been classified into inorganic, fluorocarbon, and hydrocarbon or natural. Country-wise, Brazil has been highlighted as the most profitable nation for the vendors of this market to concentrate on, providing for 38% of the total demand in the Latin America commercial refrigeration equipment market in 2016.

Rapid Urbanization a Boon for Commercial Refrigeration Equipment Market

Changing food consumption pattern of urban populations across the emerging economies of Brazil, Argentina, and Mexico is the primary driver of the Latin America commercial refrigeration equipment market. The restless lifestyle that urban population are resorting to in order to gain disposable income is showing on increased consumption of packaged food that utilize refrigeration processes to maintain freshness and nutrition for longer durations. While the prosperity of the food and beverage industry is propelling the demand in the commercial refrigeration equipment market, development of diverse type of equipment that ideally meet different requirements is driving the adoption, despite the substantial cost of these products.

In many cases, food and beverage companies provide these refrigeration equipment to retail shop vendors as the space occupied helps them as a mode of advertising and market of products right where the customer footfall is maximum. These advertising companies generate bulk demand. Mexico commercial refrigeration market, in particular, is foreseen for a healthy future on the back of incrementing demand for frozen and ready-to-eat food as well as the presence of a formidable food processing industry in the country.

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The information presented in this review is based on a Transparency Market Research report, titled, “Commercial Refrigeration Equipment Market (Product Type - Transportation Refrigeration Equipment, Refrigerator and Freezer, Beverage Refrigeration, and Commercial Refrigeration Equipment Parts; Application - Food Services, Food and Beverage Retail, Food and Beverage Distribution, and Food and Beverage Production; Refrigerant Type - Fluorocarbon, Inorganic, and Hydrocarbon/Natural) - Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

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Low Profile Tire Market: Top Challenges to Face in 2020-2027

Low profile tires have lower aspect ratios, generally less than 50 and shorter sidewalls as compared to standard tires. Low profile tires have larger treads and are stiff and are made from advanced rubber compounds and additives.

Increase in demand for enhanced ride handling, superior traction, and rapid response while driving is boosting the low profile tire market. Demand for powerful and sports or performance vehicles, such as SUVs, is rising owing to an increase in young buyers of vehicles. Increase in sales of SUVs and performance sedans is driving the low profile tire market. Low profile tires have low rolling resistance and hence, offer superior fuel economy. Regulatory boards such as the European Union have started labelling tires according to fuel economy, grip, noise, and emission. Enactment of similar mandates globally is projected to fuel the adoption of low profile tires. Rise in concern about vehicle safety and technologies such as ‘Run-Flat’ technology is boosting the demand for low profile tires. These tires contain lesser amount of rubber and thus, enables the use of a larger-sized wheel. Rise in demand for larger wheels, in order to enhance esthetic appearance, is expected to drive the demand for low profile tires.

Low profile tires are expensive, generate more noise, and undergo more wear due to wider contact area. Therefore, several consumers prefer cost-effective standard tires, which in turn is restraining the low profile tire market.

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The global low profile tire market can be segmented based on rim size, vehicle, sales channel, and region. Based on rim size, the low profile tire market can be segregated into 13 inch-15 inch, 16 inch-20 inch, and above 21 inch. The 16 inch-20 inch segment accounts for a notable share of the low profile tire market owing to high sales of vehicles that have rim sizes between 16 to 20 inches.

Based on vehicle type, the global low profile tire market can be classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. Low profile tires are highly preferred for passenger vehicles in order to enhance driving comfort and hence, the passenger vehicle segment held a notable share of the market. Tire manufacturers such as Continental AG have developed low profile tires for light & heavy duty applications with higher load carrying capacity. Penetration of low profile tires is considerably low in light & heavy commercial vehicles; however, it is expected to rise considerably during the forecast period owing to advancements in rubber technology.

In terms of sales channel, the global low profile tire market can be segregated into OEM and aftermarket. Low profile tires are usually OE fitted by automakers and currently, the OEM segment holds a higher share of the market. The aftermarket segment is projected to expand significantly as several consumers prefer to use the OE similar low profile fitment in the aftermarket. Several enthusiasts with standard tire fitment in OE are opting for low profile tires in the aftermarket for enhanced ride handling, which in turn is boosting the aftermarket segment.

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Based on region, the global high performance tire market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe and North America accounted for a major share of the global low profile tire market, owing to consumer affordability and high sales of premium vehicles in these regions.

Key players operating in the global low profile tire market are Bridgestone Corporation, Continental AG, Goodyear Tire & Rubber Company, Michelin, Pirelli & C.S.p.A., Sumitomo Rubber Industries, Ltd., Yokohoma Rubber Co. Ltd., and Cooper Tire & Rubber Company.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Urban Air Mobility Market : Top Trends to Look for in 2020-2027

The global urban air mobility market is likely to observe steady growth in the next few years due to the high traffic congestion on roads. Urban air mobility, also known as UAM, is an industry term that is used to refer cargo or passenger carrying, highly automated, and on demand services of air transportation. It is an innovative mode of transportation to circumvent traffic congestion on road.

Road congestion has been troubling numerous cities and suburban areas across the globe, which is why the global urban air mobility market is expected to grow rapidly over the projection period. It is no more a scene from a sci-fi movie to see vertical take-off and landing (VTOL) flights carrying passengers and cargos over a short distance.

The global urban air quality market is driven by the following factors

• High congestion on road
• Increased focus on the sustainability of environment
• Augmented concern for safety of human lives

Powered by electricity, urban air mobility system leverages the availability of low altitude, uncluttered airspace to carry one to five passengers over a distance of five to fifty miles. These aircrafts fly at an altitude ranging from 500 to 5000 feet above the ground level. This mode of transportation do not add to the already existing traffic congestion or environmental pollution. These factors propel the global urban air mobility market toward rapid growth.

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Urban Air Mobility Market: A Snapshot

The urban air mobility market consists of in-flight services which are making it easier for urban dwellers to reach their destination within the shortest possible times. The current market has not remained confined to serving just passengers either. In 2017, WiNDroVe project in Hamburg implemented the use of drones in metropolitan area. Similar projects were implemented in toher parts of the world with major companies like Airbus, Audi taking part in expanding the landscape.

In cities like Sao Paulo, the concept is at its peak. The urban air mobility in the city is far ahead of its counterparts like New York, Tokyo in providing air support with helicopters for stranded passengers. These air taxis are also available in Mexico cities. The high costs of the technology remains a challenge. Additionally, high energy consumption and noise are also expected to emerge as barriers to expansion of the urban air mobility market.

In order to solve the current challenges of high costs, electrical aircrafts are increasingly the go-to option for innovator. Many companies like Airbus, Boeing, and startups like Volocopter are investing efforts in electric energy laden future to bring the next-gen concept of air urban mobility to passengers.

Companies like Volocopter are also working on horizontal take-offs with the help of new designs. The company uses multicopters which have buoyance systems and propulsion in the second axis to support horizontal take-offs. These are ideal in cities wherein congested surrounding remain a major concern for operations. The aircraft uses regular propulsion and rotors with vertical axis. The growing urbanization, rising demand to beat traffic, and platforms like Uber, Ola are expected to drive tremendous growth for the urban air mobility market.

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The increasing investment in startups and innovations are the ones to watch out for in the urabn air mobility market.

Global Urban Air Mobility Market: Overview

Urban air mobility refers to automated air transportation services used for carrying cargos or passengers. The global urban air mobility market is anticipated to display tremendous growth during the forecast period owing to rising demand for air transportation services. Moreover, advancements in the battery capacity and autonomy of aerial vehicles have highly supported the market to expand its global footprints.

Global Urban Air Mobility Market: Notable Developments

Below are a few notable developments in the global urban air mobility market:

• Sikorsky has developed new Sikorsky Autonomy Research Aircraft (SARA) using the MATRIX technology. It offers a highly safe flying experience in autonomous aircraft in an obstacle-rich environment. It functions by combining the hardware and software components, thus enabling the successful execution of the mission. In addition to this, it significantly reduces the lifecycle and operating cost of the flight and its performance agnostic design enables mission tailoring. Incorporation of this technology helped the urban air mobility market expand its global footprints.
• Currently, among several urban air mobility projects in the pipeline Cora is one. Cora is remotely piloted and is currently under testing in New Zealand and California. Whilst urban air mobility aircraft of Kitty Hawk – Flyer- operating as an ultralight aircraft in the U.S. is free of regulatory issues. Moreover, it has a fly-by-wire control system that offers simplified controls. Such UAM projects have served as a focal point for the growth of the global urban air mobility market.

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