Child Resistant Closures Market: Top Trends to Look for in 2020-2025

The vendor landscape of the global child resistant closures market is highly fragmented, with no leading vendor accounting for a substantial share of the overall market, observes Transparency Market Research in a recent report. The market has a large number of small-scale vendors operating in key regional markets. Thus the level of competitive rivalry is high and gaining high profit margins is a tough task. Most of the leading vendors are located in North America and Europe and earn a large share of their revenue from local markets. So as to strengthen their hold on the global market, companies in the market are focusing on improving consumer convenience and are introducing products with features such as low weight, which have a reduced environmental impact.

Some of the leading companies in the market are Closures Systems International, Inc., Silgan Plastic Closures Solutions, BERICAP GmbH & Co. KG, Global Closures Systems, Aptar Group, Inc., Berry Global, Inc., Amcor Limited, O.Berk Company, LLC, and Blackhawk Molding Co. Inc.

According to the report, the revenue generated from sales of child resistant closures globally has been estimated to be US$1,402.3 mn in 2017. The market is projected to expand at a CAGR of 5.5% over the period between 2017 and 2025.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=40235

In terms of closure type, the segment of push and turn closure is anticipated to be the largest contributor of growth to the global child resistant closures market during the forecast period. The segment also accounted for a lion’s share of over 79% of the overall market in 2017. Geographically, the market in North America is presently the key contributor of revenue to the global child resistant closures market and is likely to lead over the forecast period as well, thanks to the well-established pharmaceutical sector and several regulations that mandate the usage of child resistant closures in packaging containing pharmaceutical products.

Increased Awareness about Benefits of Child Resistant Closures in Mitigating Accidental Drug Intoxication Risk in Children to Drive Market

One of the most important factors expected to work in favor of the global child resistant closures market is the fact that child resistant closures can significantly bring down the potential risk of accidental drug intoxication in children. In the past years, the introduction of child resistant closures in the packaging of a variety of prescription and over-the-counter medications and cosmetics has led to a vast reduction in the mortality rate of children due to such factors in the U.S. Proving to be an effective solution to the high number of drug intoxication cases among children, child resistant closures have thus become mandatory in a number of applications that pack substances or pharmaceuticals that can prove to be hazardous to children.

In the near future as well, high demand across the pharmaceutical sector and strict mandates are expected to significantly contribute to the overall development of the global child resistant closures market. The market could see new growth opportunities across emerging economies in the near future as consumers are become more aware about the potential hazards of accidental ingestion of hazardous substances among children. Increased demand from industries such as food and beverages and personal care is also expected to work in favor of the market.

Read Latest Industry Press Release@ 

https://www.prnewswire.com/news-releases/connected-living-room-market-to-reach-us984-51-bn-by-2024–owing-to-technological-advancements—tmr-300816943.html

This analysis of the global child resistant closures market is based on a recent market research report by Transparency Market Research, titled “Child Resistant Closures Market (Closure Type – Push and Turn, Squeeze and Turn, and Dropper Caps; Material Type – Polypropylene, Low-density Polyethylene, and High-density Polyethylene; End Use – Pharmaceuticals, Household and Personal Care, Chemicals and Fertilizers, Food and Beverage, and Automotive; Tamper Evidence – Tamper Evident and Non-tamper Evident) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025.”

Read More

Wireless Stereo Headphone Market: Deep Company Profiling of Leading Players 2020-2026

Transparency Market Research’s latest forecast study projects that these companies will spearhead the global production of wireless stereo headphones during the forecast period, 2017-2026. The report estimates that by the end of 2026, over 237 thousand units of wireless stereo headphones are expected to be sold across the globe. The report further projects that the global wireless stereo headphone market will expand robustly at an estimated volume CAGR of 7.6% during the forecast period.

The trend of cord-free mobility continues to influence the consumer electronics marketplace to a considerable extent. Gadgets such as stereo headphones are becoming essential products in consumer lifestyles, and their daily and frequent usage has propelled the intervention of wireless technologies. New wireless stereo headphones are becoming attractive among tech-savvy consumers.

Headphone manufacturers around the globe are capitalizing on the growing popularity of wireless operability. Companies namely, Sivantos Pte. Ltd., Sonova Holding AG, Cochlear, MED-EL, Beltone, Miracle Hearing Aid Clinic, Persona, Shenzhen Sunsky Technology, Siemens Healthcare, Starkey Hearing Aids, Union Hearing Aid Centre, Eartone, GN ReSound, Medtechnica Orthophone, William Demant Holding A/S, GN Store Nord A/S and Widex A/S are categorically extending their presence in the global wireless stereo headphone market. These manufacturers are being observed as the key stakeholders in the global wireless stereo headphone market, and are expected to cater to the rising global demand in the near future.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=39935

In 2018 and beyond, a majority of wireless stereo headphone manufacturers will be focusing on catering to the droid consumer base. High penetration of Android user operating systems over iOS will continue to influence the global wireless stereo headphone manufacturing landscape. While Android-based wireless stereo headphone cost cheaper than their iOS counterparts, the profit margins are lucrative as there is a certain scope for more volumes of headphones being sold. By the end of 2026, more than 190 thousand units of wireless stereo headphones are expected to be sold across the globe.

North America’s Multi-Brand Stores to Register Highest Distribution

The report projects that multi-branded stores are the largest distributor channel in the global wireless stereo headphone market. In 2017, nearly 45 thousand units of wireless stereo headphones were distributed globally through multi-brand stores. In the near future, online distribution of wireless stereo headphones is also expected to pick up pace and register the highest volume CAGR of 8.6% over the forecast period. The report findings further indicate that North America will remain the most lucrative marketplace for wireless stereo headphone through 2026.

Read Latest Industry Press Release@ 

https://www.prnewswire.com/news-releases/connected-living-room-market-to-reach-us984-51-bn-by-2024–owing-to-technological-advancements—tmr-300816943.html

By the end of the forecast period, more than 97 thousand units of wireless stereo headphones are expected to be sold in the US and Canada. The report also estimates that multi-brand stores in the US will be among the key distributors in North America’s wireless stereo headphone market. The report also projects that several market players will be eyeing at expanding their manufacturing bases in the Asia-Pacific excluding Japan (APEJ) region. High presence of skilled labor and access to affordable raw materials will continue to drive the expansion of wireless stereo headphone market in the APEJ region. By the end of 2026, more than 30 thousand units of wireless stereo headphones are expected to be sold across the APEJ region.

Read More

Makeup Remover Market: Growth Opportunities to Tap into in 2020-2026

The industry of color cosmetics across the world is experiencing a positive change with the launch and adoption of new cosmetic products by the makers of cosmetics. This has given a boost to the growing usage of cosmetics by various age groups. This is also anticipated to drive the growth of the world makeup removers market.

A few of the key market players comprise Bobbi Brown Professional Cosmetics, Inc., Estée Lauder Companies Inc., LVMH, Revlon Group, Urban Decay Cosmetics, Beiersdorf, Kimberly-Clark, and Avon Products Inc. are involved with the making of makeup removers.

Transparency Market Research assesses the world market for makeup remover to expand at a robust CAGR of 6.0%, over the forecast timeframe that extends from the year 2017 to the year 2026.

Geographically, the world market for makeup remover has been divided into the regions of Latin America, North America, Middle East and Africa, Europe, and Asia-Pacific excluding Japan. Various European countries like France, United Kingdom, and Germany have exhibited higher utilization of makeup removers. This region is basically regarded as one of the largest consumer hub for many of the cosmetic products and personal care.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=40514

The soaring usage of cosmetics that is coupled with rising number of manufacturers of cosmetics in this region has sparked the sales of makeup removers. In accordance with the research report, the sale of makeup removers in the region of Europe is expected to reach a billion dollar value by the end of period of analysis. The region of Asia Pacific excluding Japan (APEJ) is another promising region for the world market of makeup removers. A large section of the population in this region makes use of cosmetics and makeup which is the main factor that is triggering the growth of the regional market for makeup removers in the Asia-Pacific excluding Japan thereby making it the second largest region with a high potential for growth.

Harmful Chemicals of Makeup Products to Propel the Market

The rising percentage of working women has further given momentum to the said market. Such increase in the number of working women has prompted the usage of many different makeup products for face, lips, and eyes. The ongoing trend of looking professional, charming, and attractive together with augmented expenditure has sparked the usage of cosmetic products thereby compelling the manufacturers to emphasize on re-innovation. In accordance with the skin specialists, makeup removal by end of day is important so as to avoid skin disorders and restore the original skin properties. The chemicals that comprise the ingredients of cosmetic products need to be removed at the end of the day so as to negate their harmful effects.

Read Latest Industry Press Release@ 

https://www.prnewswire.com/news-releases/financial-services-applications-spur-revenues-in-independent-software-vendors-isvs-market-estimated-to-spawns-whopping-revenues-of-us-4-077-72-bn-by-2027–projects-tmr-301090887.html

The information shared that ahs been in this review is based on a TMR report titled, “Makeup Remover Market (Product Type- Clothes and Towlettes, Liquids, Pads, Cleansers, Other Types; Sales Channel- Specialty Stores, Modern Trade, Departmental Store, Drug Stores, Online Retailers, Other Sales Channel; Application- Face, Lips, and Eyes)- Global Industry Analysis, Share, Size, Growth, Trends and Forecast 2017 – 2026”.

Read More

Residential Robotic Vacuum Cleaner Market | Size, Share, COVID – 19 Outbreak and Forecast to 2026

According to a new market report published by Transparency Market Research titled ‘Residential Robotic Vacuum Cleaner Market (Product Type: In-House Robot, Outdoor Robot; Charging Type: Manual Charging, Battery Charging; Operation Mode: Self Drive, Remote Control; Distribution Channel: Online, Offline) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ the global residential robotic vacuum cleaner market is expected to reach US$ 4,112.1 Mn by 2026, expanding at a CAGR of 9.2% from 2018 to 2026. Europe held a significant share in the residential robotic vacuum cleaner market in 2017.

The global residential robotic vacuum cleaner market is expected to be driven by factors such as increasing expenditure on household appliances and increasing awareness about indoor health and hygiene. However, the global residential robotic vacuum cleaner market is expected to be challenged by the availability of substitutes in the market. Investment in research and development to make the vacuum cleaners more efficient in suction power and long operation time is likely to offer attractive opportunities to the market. Efficiency, running time, and room coverage is trending in the global residential robotic vacuum cleaner market.

In terms of product type, the in-house robot segment constitutes a dominant share of the global residential robotic vacuum cleaner market. This is because in-house robotic vacuum cleaners are affordable compared to outdoor robotic vacuum cleaners and the prevalence of single households has helped the segment to witness higher growth. In terms of charging type, the battery charging segment constitutes a share of over 55% of the global residential robotic vacuum cleaner market.

Request A Sample –https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11189

This is because consumers find it easy to operate a battery charging robot as it can automatically reach the charging station. In terms of operation mode, remote control dominates the segment due to its cheap cost and extensive availability in the market. In terms of distribution channel, offline channel dominates the market since consumers want to physically understand the product. The robotic vacuum cleaner is only a decade old and consumers desire to inspect the product before buying it. Various companies have innovated with the product to ensure a strong presence in the market. This in turn is expected to boost the growth of the residential robotic vacuum cleaner market. In terms of region, Europe accounts for dominant share of the residential robotic vacuum cleaner market.

Europe accounts for more than 29% share of the global market. It is expected to continue to dominate the market during the forecast period due to its large consumer base of working people. The market in the United Kingdom is likely to expand at a rapid pace. The U.K. constitutes a prominent share of the residential robotic vacuum cleaner market in Europe. A high working population drives the market in the country. The market in the U.K. is expected to expand at a rapid pace as the market in Germany is relatively saturated. Germany is expected to account for 1/4th of the residential robotic vacuum cleaner market in Europe during the forecast period. The market in European countries is also driven by the increasing single household.

China is a dominant country in the residential robotic vacuum cleaner market in Asia Pacific. Chinese companies manufacturing robotic vacuum cleaners quote a lower price compared to other companies in the market. The market in China is mainly driven by the availability of low-cost robotic vacuum cleaners. China is followed by Japan and India in the region. The market in India is expected to expand at a rapid growth rate during the forecast period, due to change in lifestyle of consumers and increasing disposable income in the country.

Read Latest Industry Press Release@ 

https://www.prnewswire.com/news-releases/financial-services-applications-spur-revenues-in-independent-software-vendors-isvs-market-estimated-to-spawns-whopping-revenues-of-us-4-077-72-bn-by-2027–projects-tmr-301090887.html

GCC is a leading sub-region of the residential robotic vacuum cleaner market in Middle East & Africa. It is estimated to dominate the market during the forecast period. The market in South Africa is expected to be driven by a favorable political environment, which is enabling the setting up of more factories and resulting in higher sales of robotic vacuum cleaners. Brazil accounts for more than60% of the residential robotic vacuum cleaner market in South America and is expected to continue to dominate the market in the next few years. The market in Brazil is likely to be driven by acceptance of technological products by the population. The Rest of South America constitutes a minimal share of the market. The market in the sub-region is expected to expand at a sluggish pace in the coming years.

The residential robotic vacuum cleaner market is characterized by the presence of a number of local and regional players and intense competition among them. Some of the industry participants in the residential robotic vacuum cleaner market are Bissel Inc., Dyson Ltd., Electrolux AB, Haier Group Corporation, iRobot Corporation, Koninklijke Philips N.V., LG Electronics Inc., Miele & Cie. KG., Panasonic Corporation, Robert Bosch GmbH, Samsung Electronics, Black Decker Inc., Shark Ninja Operating LLC,  Ecovacs Robotics Ltd., Cecotec Innovaciones Sl, and Neato Robotics, Inc.

Read More

Tennis Ball Machines Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

According to a new market report published by Transparency Market Research titled “Tennis Ball Machines Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2027,” the global tennis ball machines market was valued at US$ 26.0 Mn in 2017 and is expected to reach US$ 33.6 Mn in terms of revenue by 2027, expanding at a CAGR of 2.9% from 2019 to 2027. The Asia Pacific market is projected to show the fastest growth rate during the forecast period due to the increase in number of tennis players and product innovation among manufacturers.

The usage of tennis ball machines has increased across the world. Tennis was perceived as a game for rich people and this trend has been changing over a period of time. Many kids have started to play tennis from an early age, encouraging them to eventually play the game professionally. After the Beijing and Rio Olympics, China is investing in the development of sports and tennis players.

Tennis machines used to be costly and afforded only by a few people or by sports clubs and federations. These machines earlier were heavy to carry. Portable machines are now available in the market due to various innovations and developments in tennis ball machines. These machines are comparatively less costly than traditional machines which were heavy and non-movable.

Request A Sample –https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=54831

By type, light weight tennis ball machines have the highest growth opportunity as these machines are more user friendly compared to the heavy weight ones. They are easy to handle and carry and makes it a perfect consumer choice. Moreover, light weight machines are a perfect fit for young and amateur tennis players to start from scratch.

By ball capacity, tennis ball machines having capacity of less than 150 accounted for major market share of 35% in 2017. One of the increasing trends in the lawn tennis industry is proliferation of young tennis players. With the entryof inexperienced and amateur players in the industry, tennis balls with low ball capacity proves to be a perfect fit for young tennis players.

By speed, tennis ball machines having speed of 20 mph to 80 mph acquired greater market share of approximately 50% in 2017 and is further anticipated to rise at a CAGR of 3.1% during the forecast period.

By power, battery operated tennis ball machines are more convenient due toadvantages such as low maintenance, portability, as well as affordability compared to electric powered tennis ball machines.

By end-user, sports clubs which include sports academies, clubs, and hotels and resorts garnered major market share of approximately 54% in 2016. Tennis ball machines being costly are more feasible for sports clubs compared to schools, colleges, and personal use. Better infrastructure facilities coupled with trained and experience coaching facilities in sports clubs make it a more convenient training option.

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

By distribution channel, the offline distribution channel has major market share. Tennis ball machines are sold by leading players globally with the help of licensed distributors across various regions with strong physical presence. In certain regions such as Asia Pacific, e-commerce sites mainly lead the distribution channel due to strong internet penetration, and extensive product availability at affordable prices.

Geographically, in terms of revenue, North America accounted for major market share of approximately 40% in 2017 followed by Europe. This is due to popularity of tennis as a sport since ages. Additionally, presence of better infrastructure, government initiatives by funding for tennis sports training across various schools and universities, coupled with initiatives of popularizing tennis among the younger generation have resulted in the dominance of the region in the tennis ball machine market.

Read More

Personal Care Appliances Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

Transparency Market Research delivers key insights on the global personal care appliances market. In terms of revenue, the personal care appliances market is anticipated to expand at a CAGR of ~3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in the personal care appliances market report.

The personal care appliances market report mainly covers products, which are used for personal care and grooming. Personal care appliances are electrical devices used by consumers for grooming and styling, used daily by a person.

In this market report, TMR estimates that based on product, trimmers are likely to be the most widely used personal care appliance by the end of 2027 in the personal care appliances market. Consumers are focusing on their appearance as well as grooming due to the influence of social media and concerns about personal healthcare, which has increased the usage of personal care appliances. The convenient usage of battery-powered devices has benefitted the personal care appliances market, which is anticipated to grow steadily during the forecast period.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=548

Personal Care Appliances Market: Prominent Regions

Asia Pacific is projected to show prominent growth in the personal care appliances market in the near future, due to increase in spending power and growing awareness about personal care. China and India are considered prominent markets for personal care appliance manufacturers during the forecast period. North America and Europe dominate the personal care appliances market.

Ease of availability and technological advancements are the major reasons for the growth of this market in North America and Europe. Convenience of usage of battery-powered devices, growing awareness about personal care, increasing trends in grooming styles, and rising disposable income are projected to be major driving factors for the personal care appliances market during the forecast period.

Major brands are likely to focus on research & development to strengthen their footprint in the personal care appliances market. They are also focusing on developing and manufacturing technologically advanced products with more functionalities. Companies are engaged in expanding their product portfolio and focusing on expanding their business through online distribution channels. Companies are also working on upgrading their existing products to increase profitability for sustainable growth of their businesses.

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

Personal Care Appliances Market: Key Players

Prominent companies operating in the personal care appliances market include Koninklijke Philips N.V., Procter & Gamble, Wahl Clipper, Panasonic Corporation, Conair Corporation, Spectrum Brands, Inc., Groupe SEB, Andis Company, Havells India Ltd., and Helen of Troy.

Read More

Aircraft Seating Market Report: Top Companies, Trends and Future Prospects Details for Business Development

The vendor landscape of the aircraft seating market is moderately consolidated with the presence of few prominent players in the aircraft seating market. Transparency Market Research figured RECARO Holding, Gmbh, HAECO and Zodiac Aerospace as the leading players in the market with more than 50% of total market share altogether while rest shares are dominated by local players.

The major players are focusing on acquisitions and mergers, collaboration and business expansion. For instance, Zodiac Aerospace collaborated with Safran this will help improving its R&D capabilities as well as production capacity.

Apart from this, players are adopting several instrumental expansion strategies to stay ahead in the global aircraft seating market.  Players in the market are developing seats with ergonomic designs and enabling cost-effective production through optimized use of raw materials. Other players are focusing towards business expansion to strengthen their market share.

According to TMR, global sales of aircraft seats is poised to grow at a CAGR of 12.9% during the forecast period 2017-2026. Rising at this CAGR, the sales aircraft seats market is expected to touch a valuation of US$ 27.5 bn by the end of 2026. The analysts noted the market at US$12 in the year 2016.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=37874

Geographically, North America is projected to dominate the aircraft seating market during the forecast period, thanks to the high demand for air transportation, international air traffic, increasing flight frequency. Further on the basis of type, the narrow-body segment is anticipated to hold highest share the coming few years. This is mainly due to the increase in number of narrow-body aircraft delivery.

The aircraft seating market is projected to grow at a prominent pace in the coming few years. This is mainly due to the increase in number of new aircraft orders coupled with rise in demand for premium economy class seats.

The airline industry at present witnessing the most lucrative phase with decrease in oil prices. Further, rise in global economy and significant increase in disposable income is making air transport easy and accessible for the middle class population. That’s the reason a large number of people are preferring air travel than land transport. Increase in number of air travellers is prompting air companies to invest in amenities. In aircrafts, seats play a vital role as a passenger spend most of its time on seat. This is expecting to offer a significant boost to the aircraft seating market in the coming few years. `

Further, surge in investment in upgrading their existing aircraft fleets and service provider’s willingness to improve customer experience are some significant factor expected to drive the aircrafts seating market.

However, complexities in supply chain is a great challenge for the aircraft seating manufacturers, this is expected to increase their revenues. Nevertheless, players are taking measures to ensure that there is no disruptions in the supply chain of individual components.

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

Use of Lightweight Polymers for Seat Manufacturing to Offer New Opportunities

Furthermore, players are experimenting with the development of new lightweight materials that will provide new opportunities for the growth of the aircraft seating market. This will provide more opportunities for the growth of the aviation market by providing more savings to the airlines operators.

The information is derived form TMR’S report titled, “Aircraft Seating Market (Aircraft Type – Regional Jets, Narrowbody, Small Passenger Widebody, Medium/ Large Passenger Widebody, and Turboprop; Seating Class Type – Economy Class, Business Class, and First Class; Fit Type – Retro Fit and Line Fit) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2026.”

Read More