Wednesday, 21 October 2020

Art Supplies Market: Factors Helping to Maintain Strong Position Globally 2020-2030

The art supplies market may gain an upper hand in terms of growth on the account of the growing demand due to COVID-19-induced lockdowns across the world. As the governments of various countries have implemented stay-at-home orders, many people are utilizing this time to fulfill their hobbies like drawing, painting, crafts, etc. This aspect may ping tremendous growth opportunities for the art supplies market between 2020 and 2030.

The promotion of cultural and indigenous art types in various countries may boost the art supplies greatly. The use of biodegradable art supplies has also gained considerable momentum over the years due to the growing awareness about the environment. This factor may ping good growth for the art supplies market.

This report on the art supplies market provides a bird’s eye view of the current market situation. The report analyses growth parameters like key players, competitive landscape, regional scenario, and emerging trends. The report also offers expansive research on how the COVID-19 pandemic will impact the art supplies market. The segmental study enables the stakeholder to understand the different aspects of the art supplies market systematically.

Art Supplies Market: Competitive Analysis

The art supplies market has a plethora of players competing against each other for grabbing a prominent position in terms of sales and consumer loyalty. This factor attracts intensive research and development activities, novel product launches, initiatives to increase production capacity, and exploring untapped regions. Manufacturers in the art supplies market are also focusing on developing eco-friendly products due to the growing awareness about environment conservations across the globe.

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The entry of new players in the art supplies market may increase the competition greatly. Entering the art supplies market is not a complex task as it requires low investment due to minimal infrastructure requirements and the regulations are also not extremely stringent. These factors enable maximum entry of new players in the art supplies market.

Investments from major conglomerates and organizations, mergers, acquisitions, joint ventures, and collaborations help in cementing the base of the players in the art supplies market. Some well-established players in the art supplies market are Société BIC SA, Kokuyo Camlin, F.I.L.A., Faber-Castell, and STAEDTLER Mars GmbH & Co. KG.

Art Supplies Market: The Growing Influence of Eco-Friendly and Non-Toxic Products

The art supplies market may garner good growth from eco-friendly products. A substantial consumer base is inclining toward eco-friendly and non-toxic art supplies for assuring complete safety for their progeny. Here are some art supplies that may ping good growth.

Glue: Used for a number of craft activities, glues laced with chemicals can prove hazardous for kids. Therefore, a plethora of eco-friendly and toxic-free glues are offering a hotbed of opportunities for the art supplies market. For instance, Onyx Green glue is made using plant-based packaging and 88 percent non-toxic ingredients.

Glitter: Biodegradable glitters are gaining good traction and may ping expansive growth opportunities for the art supplies market. Today Glitter is a classic instance. It is made from eucalyptus and is available in a variety of colors and textures.

Color Pencils: Colors form an important part of any art activity. The use of eco-friendly color pencils may serve as good growth generators for the art supplies market. Faber Castell launched colored EcoPencils made from reforested wood. These pencils are also non-toxic. Such products assure extensive growth for the art supplies market.

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Clay: Eco-friendly clay may prove to be a good growth multiplier for the art supplies market. Clay made from all-natural and non-toxic ingredients do not harm the skin.

Art Supplies Market: Regional Dimensions

The art supplies market is spread across North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. Asia Pacific may gain a large share of growth across the forecast period due to the vast presence of school-going children and the use of pencils, markers, etc by them across the region. The governments of various countries in the region are encouraging the promotion of local arts. This factor may garner good growth for the art supplies market.

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.

Hair Styling Equipment Market: Consumption, Sales, Production, and Other Forecasts 2020-2030

 

  • Hair styling equipment comprises hair dryer, hair iron, hot brush, normal hair brush, and other supporting hair accessories to make hair more attractive. Hair styling equipment is used to make the consumer’s hair stylish, to add texture, volume, curl, shine, or to hold to a particular style.

Key Drivers of the Global Hair Styling Equipment Market

  • Developing hair styling fashion trends is one of the foremost dynamics of the hair styling equipment market. Hair styling trends are gradually influencing companies to develop hair styling equipment for fluctuating hairstyles based on the demand from hair salon consumers and professionals. Moreover, fashion consciousness and personal grooming is also encouraging the sale of hair styling equipment. Manufacturers in the hair styling equipment market are launching and innovating easy to use products that do not damage hair of the consumer. This factor is expected to drive the demand for hair styling equipment during the forecast years.

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Opportunities in the Global Hair Styling Equipment Market

  • Globally, the adoption of artificial intelligence technology is rising rapidly. Hair styling equipment manufacturers are using artificial intelligence to make their hair styling equipment more advanced and are targeting the younger generation to buy technologically advanced hair styling equipment.
  • However, a decline in salon visits can indirectly impact the sale of hair care appliances. The online distribution channel is set to offer several growth opportunities to market vendors during the forecast period. Purchasing via online channels is rising due to the need to maintain social distancing on account of COVID-19. Hair dryers may see positive growth via online sales in the coming year.

Market in Asia Pacific to Expand Rapidly

  • In terms of geography, the global hair styling equipment 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 hair styling equipment 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 hair styling equipment market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America hair styling equipment market is segmented into Brazil, and Rest of South America.
  • Globally, Asia Pacific held the dominant share in the hair styling equipment market in year 2019. Adoption and usage of hair styling equipment such as hair dryers, hair straighteners, and hair curler tools are high across the globe. The hair styling equipment market in Europe has reached the targeted growth phase owing to a strong product pipeline and well-established portfolio management approach. The market positions are strong in most of the geographies.

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Key Players Operating in the Global Market

Presence of major players in the hair styling equipment market leads to competition among companies. Players are concentrating on product technology that would offer extra hair care and smoothness to separate their products from competitors.

Automatic Coffee Machines Market: Verified Value and Volume Forecasts up to 2030

Consumption of coffee is expected to retain its popularity due to its various health-related benefits. Consumption of coffee considerably reduces the risk of various diseases, such as liver cancer, Parkinson’s disease, and so on. Furthermore, the preference for coffee as a hot drink is substantially higher than any other form of hot drink. Growing popularity of coffee is likely to foster growth of the global automatic coffee machines market in the years to come.

Coffee drinking assists in increasing the level of energy due to presence of high level of caffeine, a stimulant. Manufacturers are more and more emphasizing on the development of automated machines for the purpose of rapid preparation of various food items. All these factors are estimated to bolster growth of the global automatic coffee machines market over the tenure of analysis, from 2020 to 2030.

Type, application, and region are the three important parameters based on which the global automatic coffee machines market has been classified.

Global Automatic Coffee Machines Market: Notable Developments

One of the relevant and important developments of the market that gives a quick view of the dynamics pertaining to global automatic coffee machines market is mentioned as below:

  • In September 2020, Italian makers of, La Cimbali, introduced brand new S60 and expanded its S series of professional coffee machines. This newly introduced model is a fully-automatic model that can make around 600 cups of coffee every day. These coffee machines are made to serve areas with heavy footfall,  where quality and speed of service are very critical.

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Some of the prominent organizations in the global automatic coffee machines market comprise the below-mentioned:

  • Morphy Richards
  • La Cimbali
  • Electrolux AB
  • Koninklijke Philips N.V.
  • De'Longhi S.p.A
  • Panasonic Corporation

Global Automatic Coffee Machines Market: Key Trends

The global automatic coffee machines market is characterized by the presence of the following restraints, drivers, and opportunities.

Integration of Advanced and Green Technologies to Boost Demand in the Market

Coffee machines work on several processes of brewing. Coffee machines are extensively used in areas, such as household, commercial, and office spaces as these machines save a lot of time and makes the coffee taste better. The growth of the global automatic coffee machines market is driven by several macro and micro-economic factors. Growing demand for superfast delivery of hot beverage has induced the manufacturing companies to incorporate high-end technological innovations into the automatic coffee machines. 

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Riding on the back of green technology, these days manufacturers are emphasizing on the development of eco-friendly and innovative coffee machines. Integration of features, such as smart technology and touchscreen allows the customers to control and connect timer feature into the coffee machines. In addition, WiFi technology is incorporated into automated coffee machines, which is expected to help the customers to schedule preparation time of coffee. Integration of high end is likely to open up new avenues of growth for the global automatic coffee machines market in the near future.

In addition, drinking coffee assists in increasing the production of neurotransmitters, such as dopamine, serotonin, and noradrenaline. All these components stimulate CVS (central nervous system). Health benefits offered by coffee are expected to drive the demand for automatic coffee machines in the years to come.

Personal Flotation Devices Market: Top Challenges to Face in 2020-2030

 

  • 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.

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  • 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.

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.

Artificial Turf Market: Top Trends to Look for in 2020-2027

 

  • Artificial turf is a type of man-made surface produced by using synthetic fibers such as polyethylene, polyamides, nylon, and polypropylene. It looks similar to natural grass. It is used in areas such as sports fields and playgrounds which require grass surfaces. Additionally, it is employed on wells and residential lawns.
  • These grass fibers are long lasting and they have a low environmental impact as they require low amount of water and they are recyclable. Artificial turfs are highly durable, eco-friendly, and require low maintenance. They are of superior quality. They can be used in any climate. Artificial turfs are also used in the landscaping & leisure sector.
  • Artificial turfs are easy to replace and maintain. They eliminate the use of harmful pesticides and fertilizers, which are required for natural grass cultivation.
  • Artificial turfs are children- and pet-friendly, as they possess properties such as bacterial resistance

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Key Drivers for Global Artificial Turf Market

  • Growth of the global construction industry is a key factor driving the global artificial turf market. Demand for artificial turfs for use in the construction sector for stadiums, sports fields, commercial gardens, and houses is rising.
  • Innovations in products have supported growth of the global artificial turf market. Rising use of artificial turfs in public spaces led by water scarcity is likely to drive the demand for artificial turfs during the forecast period.
  • Growing sports activities across the globe and rising government investments in the development of sports programs and playgrounds are positively impacting  the global artificial turf market
  • In the last few years, several players have underwent ACL injuries on turf fields, which limits application of artificial turfs in sports fields

Commercial Segment to Hold a Significant Share of Global Artificial Turf Market

  • Based on film type, the global artificial turf market has been segmented into residential, commercial, sports, and others
  • The commercial segment is anticipated to witness growth at the most rapid pace during the forecast period. Artificial turfs are widely used in various public utility spaces such as walkways, public gardens, and amusement parks. Growing number of commercial constructions is likely to boost the segment during the forecast period.
  • Residential societies, parks, backyards, terraces, lawns, etc. are key application areas of artificial turf. Rising living standards and increasing disposable income are augmenting the demand for artificial turf in the residential segment.

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Polyethylene Segment to Hold a Significant Share of Global Artificial Turf Market

  • Base on material type, the global artificial turf market can be segmented into polyamides, polyethylene, polypropylene, nylon, and others
  • Polyethylene is anticipated to remain the dominant segment of the global artificial turf market during the forecast period. Polyethylene is a highly versatile material and it has excellent properties such as durability, softness, and resilience.
  • Polypropylene is expected to be the second-largest segment of the global artificial turf market during the forecast period, followed by polyamides and nylon segments. Nylon turfs can retain their original shape, due to stiffness of nylon. Also, these turfs are resistant to extreme temperatures. However, high costs of nylon turfs restrict their use in residential, sports, and commercial applications.

Europe to Offer Lucrative Opportunities to Artificial Turf Market

  • In terms of region, the global artificial turf market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Europe is anticipated to hold a major share of the global market during the forecast period. The region is also estimated to be the most rapidly expanding market for artificial turfs in the next few years. Availability of a large number of sports grounds, growing inclination toward outdoor sports, and shifting trend from conventional grass fields toward synthetic grass fields in Europe are key factors boosting the market in the region.

Anti-Slip Tiles Market: Deep Company Profiling of Leading Players 2020-2027

 

  • Anti-slip tiles offer friction between human foot and flooring surface to avoid slippage accidents. Anti-slip tiles are also referred to as anti-skid tiles.
  • Anti-slip tiles are primarily used in heavy foot traffic areas and damp environments, such as kitchen, bathroom, courtyard/backyard, garden floor/outdoors, swimming pool, gym, commercial office stair & lobby, and manufacturing & processing industry premises 
  • Commercial tile manufacturers have developed new techniques of applying anti-slip coatings to installed tiles in order to enhance its anti-slip property
  • Increase in infant and elderly population and rise in floor slips falls resulting in injury-related deaths have driven homeowners to install anti-slip tiles. This factor is anticipated to drive the global anti-slip tiles market.

High Demand for Anti-Slip Tiles in Manufacturing and Processing Industries to Drive the Global Anti-Slip Tiles Market

  • In terms of end-use industry, the global anti-slip tiles market can be segregated into residential, commercial, and industrial. The residential segment is estimated to account for a major share of the global anti-slip tiles market in the near future.
  • Floor slippage accidents account for 30% of the total industry accidents in the world. In order to counter these issues and improve safety, there are numerous regulations that instruct manufacturers and processors to maintain the specified coefficient of friction (COF) for industrial floorings.

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  • High degree of COF is observed in anti-slip tiles that comply with American National Standards Institute (ANSI) and National Floor Safety Institute (NFSI) standards and are widely installed in manufacturing and processing industries 
  • Industrial workplace fluid spills and employee slippage rate is observed to be higher in food & beverages, chemical, pharmaceutical, and petrochemical industries. Increase in adoption rate of anti-slip tiles in these manufacturing and processing industries is anticipated to boost the growth of the global anti-slip tiles market.

Increase in Demand for Anti-Slip Tiles in Residential Applications

  • Anti-slip tiles are primarily used in residential buildings in kitchen, bathrooms, living room, garden outdoors, and parking spaces. Tiles that are installed in residential buildings are manufactured using distinct materials, such as ceramic, porcelain, PVC, and polyurethanes.
  • Anti-slip tiles offer high slip resistance that prevent major accidents in damp environments, such as kitchen and bathrooms. These tiles provide excellent durable and scratch resistance that enhance their durability. Anti-slip tiles incur low maintenance cost and are cost effective as compared to other alternative substitutes.
  • Demand for anti-slip tiles in kitchen, bathroom, living room, garden outdoors, and parking spaces is expected to increase in the near future, owing to their safety, low cost and maintenance, durability, and aesthetical characteristics.
  • Anti-slip tiles are extensively employed in kitchens and bathrooms, as they offer impressive designs, themes, shapes, sizes, and comfort. Furthermore, rise in the standard of living and increase in demand for anti-slip tiles for design and aesthetic purposes are estimated to boost the demand for anti-slip tiles.

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Asia Pacific Leads Global Anti-Slip Tiles Market

  • Geographically, the global anti-slip tiles market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
  • Asia Pacific accounted for a major share of the global anti-slip tiles market in 2018 due to the presence of large residential and commercial consumer base in the region
  • This market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to rise in the standard of living of people in countries, such as China and India, and those in the ASEAN region
  • Advent and emergence of anti-slip tile production techniques are likely to offer an drive their production in Asia Pacific
  • Increase in adoption of anti-slip tiles for outdoor areas in residential buildings and for aesthetic purpose in the commercial industry in Asia Pacific is anticipated to drive the anti-slip tiles market in the region during the forecast period
  • Production capacity expansions by manufacturers of anti-slip tiles in China and India are likely to boost the demand for anti-slip tiles in the near future.

Ultrasound Pulser IC Market: Growth Opportunities to Tap into in 2020-2027

 

  • An ultrasound pulser IC is a high-speed, high-voltage ultrasound transmitter pulser IC. The IC has a built-in damping circuit that generates fast return-to-zero waveforms.
  • Ultrasound pulser ICs perform MOSFET gate clamping functions, which changes the output waveform amplitude
  • An ultrasound pulser IC consists of a control logic circuit, MOSFET gate drive buffers, level translators, clamp circuits, and high-current, high-voltage MOSFETs as the ultrasound transmitter pulser output stage
  • An ultrasound pulser IC is equipped with the HVCMOS technology for better performance
  • Ultrasound pulser ICs are used in applications in medical ultrasound imaging, pulse waveform generators, sonar and radar systems, and piezoelectric and capacitive transducers 

Increasing Use in Healthcare Industry to Drive Global Ultrasound Pulser IC Market

  • The global healthcare industry is witnessing strong and steady growth, resulting in increased demand for non-invasive medical imaging modalities including ultrasound, magnetic resonance imaging (MRI), and positron emission tomography (PET)
  • Ultrasound instruments have evolved over the years from heavy, trolley-based systems to lightweight and portable devices such as handheld battery-powered devices. These devices use ultrasound pulser ICs.

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  • Increasing demand for portable ultrasound devices directly drives the global ultrasound pulser IC market.

North America to Lead Global Ultrasound Pulser IC Market

  • In terms of region, the global ultrasound pulser IC market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America is anticipated to hold a significant share of the global ultrasound pulser IC market during the forecast period. It is estimated to be followed by Europe, due to high demand for ultrasound medical devices in the region.
  • The ultrasound pulser IC market in Asia Pacific is projected to expand at a rapid pace during the forecast period, led by growth of the healthcare industry in the region. The market in Middle East & Africa and South America is expected to expand at a moderate pace in the near future. Middle East & Africa and South America offer high growth potential to the ultrasound pulser IC market. 

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Key Players in Global Market

Prominent players operating in the global market are focusing on technological advancements and expansions to meet the rising demand for ultrasound pulser ICs. Key players operating in the global ultrasound pulser IC market are:

  • STMicroelectronics
  • Maxim Integrated
  • ABLIC Inc.
  • Supertex Inc.
  • Texas Instruments Incorporated
  • Hitachi Ltd.
  • Microchip Technology Inc. 

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