Automotive Lubricant Market: Key Strategies to Use to Dominate Globally 2020-2026

Transparency Market Research has published a new report titled, “Automotive Lubricant Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global automotive lubricant market is anticipated to surpass US$ 120 Bn by 2026, expanding at a CAGR of more than 4% during the forecast period.

Increased number of on-road vehicles, globally, is driving the automotive lubricant market. Average age of vehicles has increased with more number of people preferring to retain their vehicle. Consequently, an increased number of ageing vehicles on the road need maintenance, thereby driving the demand for automotive lubricant.

Demand for lower viscosity oils has increased due to their ability to improve engine performance and fuel economy. OEMs are recommending lower viscosity lubricants and shifting the OEM and aftermarket demand toward better quality synthetic /semi-synthetic oils. Consumers are becoming more aware about maintenance of their vehicle’s health. Synthetic/Semi-synthetic oils are expensive but have longer drain interval time and hence, adoption of these oils is a win-win situation for both manufacturers and consumers. Therefore, the market is moving toward higher value lubricants.

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API or API-equivalent standards are followed globally in order to curb rising emission and maintain minimum performance of lubricants. Rising performance requirements are prompting OEMs to seek better quality lubricants, which in turn is boosting the automotive lubricant market.

Vehicle users in North America and Europe prefer automatic transmission, which contributes to the high demand for automatic transmission fluid (ATF) in these regions. Asia Pacific is witnessing a technology shift from manual to automatic transmission, owing to the rising demand for continuously variable transmission and dual clutch transmission. This is expected to drive the demand for ATF in the region.

In terms of sales channel, the aftermarket segment is expected to dominate the global automotive lubricant market. Automotive lubricants require periodic replacement and hence, the demand for lubricants in the aftermarket is high. OEMs have different lubricant specifications in different countries. However, OEMs are converging to maintain same portfolio across the global market in order to simplify marketing and distribution.

Read Latest Industry Press Release@ https://www.prnewswire.com/news-releases/increase-in-aging-vehicles-on-the-road-to-propel-growth-in-roadside-assistance-market-from-2019-to-2027-transparency-market-research-301078527.html

Key players operating in the global automotive lubricant market include Royal Dutch Shell plc, ExxonMobil Corporation, BP p.l.c., Chevron Corporation, Total S.A.., Sinopec Corporation, Fuchs Lubricants Co., LUKOIL, Phillips 66 Company, Valvoline LLC, Repsol S.A., JXTG Nippon Oil & Energy Corporation, Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Petrobras, and Morris Lubricants. The market is largely fragmented due to the presence of several public-sector companies.

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Camping Tent Market: Leading Segments and their Growth Drivers 2020-2025

Camping is an outdoor activity which involves overnight stays away from the home in a shelter, such as a tent, a caravan, or a motorhome. Generally, participants leave their comfort zones to spend time outdoors in more natural ones for enjoyment. A diverse range of camping apparatus is used for camping, hiking, and climbing. Moreover, taking part in activities like hiking, walking or a jog is a great form of aerobic exercise.

Camping reduces stress. With the bustling city life, all it takes is a day in nature to reset the mind of any stress and worry. The peace and serenity of nature help calm human minds. A camping tent provides a place to store clothes and luggage. Similarly, a tent offers a place to go away for a little privacy. Camping tents provide protection from sun and rain.

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The driving factor for the global camping tent market is increase in outdoor activities. Camping offers a way to spend time to connect with people and nature. One of the key driving factors of the global camping tent market is increased usage of smartphone and internet, enabling people to purchase camping tents easily and at discounts. Moreover, governments are investing considerably not only in tourism but also in specific areas where adventure and spending time outdoors can be done affordably. The rising interest in outdoor activities is driving the global camping tent market and it is expected that it will continue to grow in the projected period.

Camping is generally done outside a city where basic facilities such as electricity, internet etc. may not be available. Camping tents may not be able to withstand critical atmospheres such as storms. These factors are hampering the camping tent market globally. Trends for the global camping tent market are production of camping tents with high quality material that can provide protection against all atmospheric conditions.

The camping tent market is segmented on the basis of type, distribution channel, and geography. Based on type, the market is categorized into tunnel tent, dome tent, geodesic tent and others. Tunnel tent type sees high demand as it is lightweight and can be used in regions where the weather is moderate. The global camping tent market is bifurcated based on distribution channel into online and offline.

Read Latest Industry Press Release@ https://www.prnewswire.com/news-releases/increase-in-aging-vehicles-on-the-road-to-propel-growth-in-roadside-assistance-market-from-2019-to-2027-transparency-market-research-301078527.html

Online distribution channel is more popular due to increased use of smartphones and digitalization. It is expected that the online distribution channel will dominate this market due to increase in e commerce business. Geographically, the global camping tent market is divided into North America, Europe, Middle East & Africa, Asia Pacific region, and South America.

Camping is the most popular outdoor activity in countries around Europe, such as Austria, Norway, Germany, Russia, France, Sweden, and the U.K. that are investing significantly in this field due to increasing investments by respective governments in the tourism industry. Similarly, the Asia Pacific region that comprises countries such as China and India are expected to see huge growth for camping tent market due to increased participation in outdoor recreational activities.

The global camping tent market is extremely competitive, characterized by a number of multinational companies. Manufacturers are investing heavily in innovative technologies to attract adventure loving people who look to spend their night outside. They are also making environmentally friendly camping tents, which are not only waterproof but also have solvent free coatings. These tents are helpful for people who have respiratory problems. Eco-friendly materials, Compact design, and lightweight materials are some of the features common to products.  Some of the key players are The North Face, Inc., Johnson Outdoors Inc., Big Agnes, Coleman Company, Inc., Force Ten, Gelert, Hilleberg the Tentmaker, Khyam, Kampa etc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Flame Retardant Apparel Market: High-growth Regions to Expand Geographic Footprint 2020-2030

 

• Flame retardant apparel are personnel protective apparel that are designed and specially manufactured from blended materials which have been chemically treated to provide self-extinguishing properties.
• End-users are opting for flame retardant apparel while performing activities that expose them to flames, radiant heat, and potential molten substance splash. It provides assurance to the user, protecting them from the hazards of flames, as flame retardant apparel come with a label that specifies protection from the risk of flames and thermal exposure.
• Flame retardant apparel are found to be an ideal solution for workers to prevent burn injuries in areas with sparks, open flames, and other potential fire hazards, as it resists ignition and helps insulate against heat.
• Major players across the globe are introducing flame retardant apparel with smart designs and unique blended materials that protect users from the risk of flames. This is likely to drive demand for flame retardant apparel in the coming years.

Increasing Concerns about Worker Safety

• Rapid growth in the industrial sector is likely to lead to demand for personal protective apparel in order to prevent the risks associated with flames or undue fatalities. Rising awareness among users and the industrial sector about usage of flame retardant apparel while performing industrial tasks is also driving the growth of the flame retardant market. Promotions by government and regulatory bodies about the usage of safety apparel for workers in industries is also influencing the growth of the flame retardant apparel market. In addition, increasing popularity of lightweight, comfortable, tear resistant materials, and multi-functional apparel among users is also promoting the growth of the flame retardant apparel market.

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Presence of Alternative Solutions: A Key Restraint

• Rising acceptance of cost-effective alternative solutions such as personal protective equipment and accessories in the industrial sector may act as a barrier for the growth of the flame retardant apparel market. Increase in the cost of raw materials for manufacturing flame retardant apparel is a major factor that influences end-users to opt for alternative solutions and slows down the growth of the flame retardant apparel market. In addition, overall impact of the pandemic situation (COVID-19) across the globe is also likely to hamper the growth of the flame retardant apparel market.

Asia Pacific a Potential Market for Flame Retardant Apparel

• The global flame retardant apparel 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 flame retardant apparel market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes GCC, South Africa, and Rest of Middle East & Africa. The flame retardant apparel market in South America has been segmented into Brazil and Rest of South America.
• Asia Pacific is expected to remain a potential market for flame retardant apparel during the forecast period, owing to a growing industrial sector in the region that opts for flame based or heat treatment while performing operations.

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Key Players Operating in the Global Flame Retardant Apparel Market

The global flame retardant apparel market is moderately fragmented in nature, due to presence of a large number of regional and global players. A few of the key players operating in the global flame retardant apparel market are:

• 3M Co.
• Ansell Ltd.
• Carhartt Inc.
• Cintas Corp.
• DuPont de Nemours, Inc.
• Eagle Technical Products Ltd.
• Honeywell International Inc.
• Kaneka Corporation
• Kimberly-Clark Corp.
• Lakeland Industries Inc.

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Women’s Bicycle Market: Factors Helping to Maintain Strong Position Globally 2020-2030

The women’s bicycle market is predicted to register handsome growth in the forthcoming years. Rising practice of uptake of physical activity for exercise among women is resulting in massive demand for women’s bicycle. In urban areas, middle-aged women are increasingly indulging in sport activities such as bike riding to beat work-related stress and mid-life crisis.

Product type, technology, price, distribution channel, and region are the various criteria based on which the women’s bicycle market is studied.

The report on the women’s bicycle market delves into demand drivers, restraints, and growth opportunities to provide insightful information of growth of the said market over the 2020 - 2030 forecast period. Furthermore, the report covers emerging trends, regional dimension, and competitive scenarios which makes it a useful instrument for stakeholders in the women’s bicycle market. Lastly, the impact of the ongoing COVID-19 pandemic and disruptions in manufacture and sales of women’s bicycle globally is included in this report.

Women’s Bicycle Market: Competitive Landscape

The women’s bicycle market features dominance of some large players that have global presence. R&D for avant-garde products is the focus of large players to consolidate their position in the women’s bicycle market. Brand name and trust of consumers have also helped these players establish their position in the women’s bicycle market. However, competitive prices of a few small players that mostly have presence in regional markets is increasing their shares in these regions.

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Top-tier players in the women’s bicycle market include Samchuly Bicycle Co. Ltd., Merida Industry Co. Ltd., Accell Group N.V., Trek Bicycle Corporation, Giant Manufacturing Co. Ltd., Tandem Group plc, Dorel Industries Inc., Tube Investments of India Limited, and Atlas Cycles Limited.

Women’s Bicycle Market: Key Trends

Rapid rise in bike riding practices among urban women for fitness is a key factor behind the growth of women’s bicycle market. Urban women, mainly of middle-age are increasingly taking up sport activities to stay fit and beat stress. Bike riding groups, bike riding clubs are increasingly becoming popular for women to have different types of bike riding experiences.

Rising environment awareness leading to reduced use of motorized vehicles is also fuelling the women’s bicycle market. Individuals both men and women are increasingly reducing the use of motorized vehicle to curb carbon emissions. Individuals are now using bicycles to complete work that are at short distances, and sometimes even for long distances.

Availability of power bikes also known as electric bikes has led to surge in demand for women’s bicycle. Power bikes do not require hard pedaling, and are much suited for long, steep hills that make them choice of women bike enthusiasts for such terrains. Women bike groups, women biking clubs are increasingly become common in urban areas of developing countries. Trend of organized biking of these groups, some of which have annual calendars for year round biking events is attracting participation of women bikers. This further boosts women’s bicycle market.

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Women’s Bicycle Market: Regional Assessment

The women’s bicycle market is studied across North America, Latin America, Europe, Asia Pacific except Japan, Japan, and the Middle East & Africa. Among them, Asia Pacific is a significant region in the women’s bicycle market. Vast practices of bike riding among women in countries in Far East Asia and South Asia for fitness and physical exercise accounts for notable growth of women’s bicycle market in the region. Participation in bike riding events of various fame is common among women in these countries.

Europe is another key region in the women’s bicycle market. Practices of mountain bike riding among women, participation in bike riding spectacles are some key factors behind growth of women’s bicycle market in the region. 

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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Men’s Skincare Products Market: Consumption, Sales, Production, and Other Forecasts 2020-2027

The demand for men’s skincare products is rising at a stellar pace in recent times. Use of high-quality personal care products in men has emerged as a prominent trend across the global cosmetics industry. The growing inclination of men towards personal grooming has led them to use several cosmetic products.

• The need for a clearer skin is not restricted to women alone, and men have become key consumers within the global men’s skincare products market. Furthermore, manufactures of these products have used the right promotional hacks to captivate the attention of the end-users. Innovation has been the catchphrase of marketing campaigns aimed at promoting men’s skincare products.
• Sportspersons have emerged as important consumers of men’s skincare products. Moreover, the market players have reciprocated to the demands of these individuals by manufacturing high-performance skincare gels and creams.
• The use of moisturising creams amongst men has risen in recent times. The fashion industry has played an integral role in driving sales across the global men’s skincare products market. As celebrities and influencers endorse skincare products, the end-users are expected to give in to the promised benefits of skincare products. Henceforth, it is safe to assert that the men’s skincare products market would tread along a lucrative path in the times to follow.

Men’s Skincare Products Market: Overview

Until very recently, there was no particular hype about the men’s skincare products. Leading players too treated that segment lower than that of women related products. However, with the new researches, developments, and with a view to build a more sustainable brand, the global men’s skincare products market is the one with maximum growth opportunities. One of the major trends in the global men’s skincare products is of organic men’s skincare products. Aligning with the health and wellness trend, green or organic men’s skincare products of better quality are in great demand.

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Men’s Skincare Products Market: Notable Developments

Some of the recent notable developments in the global men’s skincare products market are given below:

• In September 2019, Beiersdorf announced that the company has launched a new skin care product especially designed for tattooed skin. The new product has the so-called INKGAURD® technology that has an active ingredient blend that will help in taking care of the tattooed skin.
• In May 2019, Beiersdorf announced that the company has successfully acquired the legendary and iconic Coppertone™ brand from Bayer AG. The overall price of the deal was worth US$550 million.

Men’s Skincare Products Market: Drivers and Restraints

There is range of factors that exerts a positive influence on the development of the global men’s skincare products market. One of the biggest driving factors for the growth of the men’s skincare products market is the portfolio extension and product innovation that has led to the establishing of a premium brand product. There are some leading manufacturers in the men’s skincare products market that consistently offer new and more innovative products to their consumers. Such skincare products are generally expensive than the regular ones. However, with the growing economic strength of people, they are ready to pay high amounts for a superior quality product that will offer an enhanced solution to their skin problems. Pigmentation, aging, and acne has long been some of the most common skin related problems among men. With such new and innovative products that provide the estimated results, their demand is certainly on the rise. This has thus helped in driving the growth of the global men’s skincare products market to newer heights.

Interestingly, the global men’s skincare products market is also influenced by the growing air pollution across the world. To tackle the ill effects smog, air dust, smoke, etc. on the skin, the end-users are increasingly preferring skincare products that will provide good results. This has had a direct impact on the growth of the global market as there has been a growing demand for the products that will tackle such ill effects of pollution on men’s skin.

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Men’s Skincare Products Market: Geographical Outlook

The global men’s skincare products market is divided into five major regional segments to give a better understanding of it geographical landscape. These regions are North America, Latin America, Middle East and Africa, Europe, and Asia Pacific. It is projected that the regional segment of Asia Pacific will dominate the global men’s skincare products market in the coming years of the forecast period. Previously the regional segment did contribute significantly in terms of value as well as volume. Such stellar growth of the Asia Pacific men’s skincare products market is primarily attributed to the highly established brands that provide consistent product quality. In addition to this, the aggressive and innovative marketing strategies and campaigns set up by these brands are also helping to increase the sales in the region.

North America region on the other hand is expected to witness a steady growth over the course of the mentioned forecast period. The growth of regional segment is primarily attributed to the growing awareness among people to use such products for maintaining the quality of their skin.

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Home Gym Exercise Equipment Market: Verified Value and Volume Forecasts up to 2030

Home gym exercise equipment market has attracted sales on the back on increasing trend among worldwide young adults to engage in exercise regimens to meet various fitness goals. Gym membership has seen gradual rise in numbers in emerging economies over the past several years, both in relation to obesity and rise in disposable incomes. This has also motivated young and older adults to prefer the convenience of exercising at the precincts on their homes. Gym exercise equipment has become a key enabler as well as accelerator in adopting rigorous exercise plans to build muscles and physical stamina.

Home gym exercise equipment is used extensively in strength and cardiac training. Some of the product categories in the home gym exercise equipment market are multi-gymming equipment, strength training equipment, cardiovascular training, and combo training.

Home Gym Exercise Equipment Market: Competitive Analysis and Key Developments

In the emerging economies, gym closures has pivoted the exponential rise in sales in the home gym exercise equipment market. Afton Fitness Equipment recent disclosed that its sales rose to four times in the two months post-lockdown in May and June in India, when compared to the number in pre-lockdown period. The spectacular sales of home gym exercise equipment during the COVID-19 lockdown has also been for other companies and regions, underpinning the rapid rise in revenue generation in the home gym exercise equipment market.

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Treadmill and fitness cycle dealer Sri Raajalashmi Powermax Fitness Equipments has echoed the same euphemism regarding the rise in sales. Similar trends have intensified the competition in the home gym exercise equipment market. Top players are expected to augment their advertising spend. Moreover, they are keen on advancing the functionalities and features in gym exercise equipment. The enthusiasm is so high that in coming months, sales enquiries from residential users will surpass those by institutional and corporate buyers by a large margin.

Home Gym Exercise Equipment Market: Key Trends

Prevalence of obesity and chronic lifestyle diseases is one of the key drivers in the home gym exercise equipment market. The demand for personalized exercise routines has bolstered the prospects further, such as building a specific set of muscles. Increasing discretionary spending on gym memberships and fitness clubs has positively impacted the demand in the home gym exercise equipment market. Rise in virtual gym classes is a particular trend that has spurred the demand.

Focus on weight loss among populations in various demographics is one of the key trends fueling the sales in the home gym exercise equipment market. Growing popularity of elliptical machines is also boosting the home gym exercise equipment market. Growing use of digital cycling bikes and treadmills is bolstering prospects in the market.

Recent massive lockdowns due to COVID-19 has spurred the demand for home gym exercise equipment. In past few months, countries have seen the closure of gyms, and hence subscription amounts have plunged to all-time low. In the wake of this, people are preferring spending sizably on owning home gym exercise equipment. On the other hand, prices of several of the equipment has reinforced the revenue potential in home gym exercise equipment market.

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Home Gym Exercise Equipment Market: Regional Assessment

Key regions where players in the home gym exercise equipment market are seeing growth are Asia Pacific, North America, Europe, and the Middle East and Africa. Of these, Europe has seen a considerable rise in sales and new product launches. Manufacturers’ focus to advance the technology has also cemented prospects in the regional market. The Asia Pacific home gym exercise equipment market is also replete with new opportunities, spurred by rise in virtual gym classes in urban areas in the developing economies. 

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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Coffee Machines Market: Top Challenges to Face in 2020-2025

Coffee machines are appliances used to brew coffee. Coffee machines work on various brewing processes. The process in which coffee machines use coffee grounds which are located in a metal strainer inside the pipe is the most common process. Thus, coffee machines save time and directly affect the taste of the coffee. Its application includes household, office, and commercial consumption.

There are various factors driving the global coffee machines market. Ease of use and consistent brewing results are some of the major factors responsible for growing demand for coffee machines globally. Continuously growing consumption of coffee in various regions of the world, rising disposable income, growing youth population, and the working class are propelling the demand for coffee machines. The demand for coffee machines is increasing rapidly owing to the expansion of coffee culture or the expansion of coffee shops and capsule systems.

Various types of coffee machines are available in the market,  boosting the global coffee machines market. Technological advancement is also driving the global coffee machines market. Demand for automatic coffee machines is increasing significantly, thereby boosting the growth of the coffee machines market. Smart coffee machines with Bluetooth or Wi-Fi connectivity is the recent trend in the global coffee machines market. These smart coffee machines can be accessed through smartphones and users can control it from anywhere inside the house and can also provide commands from a smartphone. However, high maintenance cost may hamper the global coffee machines market.

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The global coffee machines market can be segmented by product type, technology, end use, and geography. On the basis of product type, the global coffee machines market can be segmented into drip coffee machine, steam coffee machine, capsule coffee machine, and others. Capsule coffee machines segment is expected to expand at a significant rate owing to their growing demand. The demand for capsule coffee machines is increasing due to benefits provided by it such as convenience, cost effectiveness, and long life span.

On the basis of technology, the global coffee machines market can be segmented into semi-automatic coffee machines and fully automatic coffee machines. Fully automatic coffee machines segment is anticipated to expand rapidly owing to the increasing advancements in technology. Most of the companies in the market are offering smart coffee machines that can be controlled through smartphone by using Wi-Fi connectivity.

In terms of end use, the market can be segmented into commercial and residential. Commercial segment is expected to rise during the forecast period owing to the growing consumption of coffee and increasing workplaces. On the basis of geography, the global coffee machines market can be segmented as North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Asia Pacific region is anticipated to dominate the market over the forecast period owing to the increasing population, technological advancements, increasing disposable income, and growing number of workplaces. North America is also expected to contribute significant market share due to large number of coffee machine manufacturers and strong economy. Markets in emerging regions such as Middle East & Africa, and South America are expected to expand exponentially owing to the growing innovations and rapidly changing lifestyles.

Read Latest Industry Press Release@ https://www.prnewswire.com/news-releases/electric-shavers-market-to-be-worth-us17-7-bn-by-2024-due-to-growing-attention-to-the-personal-grooming-states-tmr-300795707.html

The global coffee machines market consists of a large number of players. Some of the key players in the market includes BEHMOR, Jarden Consumer Solutions, Nestlé Nespresso, Koninklijke Philips, SMARTER APPLICATIONS, Auroma Brewing Company, e’Longhi Appliances, FANSTEL, POPPY, and REDMOND Industrial group, Keurig Green Mountain, Morphy Richards, Hamilton Beach, Panasonic, Delonghi, Electrolux, and Melitta.

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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