In-flight Catering Services Market: Consumption, Sales, Production, and Other Forecasts 2020-2027

The growth of the global in-flight catering services market is reflective of the customer-centricity of airlines. World-renowned airlines have earned the trust of frequent fliers through their premium services. Besides, the aviation industry has transcended as the most sophisticated, customer-oriented, and refined sector. The importance of in-flight catering services in adding value to the experience of guests has played a vital role in market growth. Airline operators invest large sums of money in training flight attendants to provide premium catering services. Moreover, airlines are also investing ample time in narrowing down on the best option for in-flight meals. It is, therefore, safe to expect that the global in-flight catering services market is riding along a lucrative pathway.

Transparency Market Research, in a research report predicts that the global in-flight catering services market would expand at a steady CAGR of 5.0% over the period between 2019 and 2027. Furthermore, the total value of the global in-flight catering services market held a total value of US$ 18 Billion in 2018.

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Strategies of Renowned Airlines

Singapore airlines has earned the prestige of being one of the most customer-centric airlines. With their personalised approach and premium services, the airlines have constantly earned accolades and appreciation from travellers. The expertise of the staff in food catering has been a matter of distinction for the Singapore Airlines. The growth of this well-acclaimed carrier has also contributed towards the growth of the global in-flight catering services market. Moreover, other airlines are also making prudent efforts to match the starry standards set by Singapore airlines.

Emirates has emerged as the favourite airline in terms of food catering. The meals provided by emirates are a matter of discussion amongst allied travellers. The desserts and snacks provided by emirates are especially very popular amongst frequent fliers. The hospitality of the emirates staff while offering food catering services has also earned global recognition. It is expected that the global in-flight catering services market would grow alongside key developments across major airlines. A major proportion of the airline budget is dedicated towards ensuring premium in-flight catering services.

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Boom in the Aviation Industry to Drive Sales

After witnessing a prolonged damp period, the aviation industry has regained momentum over the past few years. The boom in the industry can be attributed to multiple factors including favourable government policies, large-scale funding from key-investors, and increasing air traffic. Considering the aforementioned factors, the global demand within the in-flight catering services market is expected to touch new heights. However, introduction of paid meals by certain airlines is a matter of concern for the market vendors.

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Hand Dryer Market: Verified Value and Volume Forecasts up to 2027

According to a new market report published by Transparency Market Research titled ‘Hand Dryer Market [Product Type: Warm Air Dryers (WAD) and Jet Air Dryers (JAD); End-user: Hotels, Food Processing and Food Service, Office Buildings, Healthcare, and Others] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027, the global hand dryer market is expected to reach US$ 902.8 Mn by 2027, expanding at a CAGR of 7.1% from 2019 to 2027. In terms of volume, the global hand dryer market is expected to reach 9,026.3 ‘000 units by 2027, expanding at a CAGR of 6.6% during the forecast period. Based on region, the global market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

North America is the second-largest hand dryer market, both in terms of value and volume. Demand for hand dryers from end-user such as educational institutions, hotels, food service restaurants, QSR (Quick Service Restaurants), and transportation facilities is increasing across North America. The U.S. is a prominent hand dryer market in North America, followed by Canada. As per the annual survey, ‘Healthy Hand Washing Survey’, conducted by global hand dryer market player, Bradley Corporation, consumers in the U.S. are ready to spend more money at a business that has clean, well-maintained restrooms. Using hand dryers against paper towels keeps restroom cleaner.

All these factors are fueling the demand for hand dryers in the U.S. and other regions across the globe. Being a developed country, hygiene and sanitation are an important part of the U.S. culture. Hand dryers help reduce the overall operation cost of keeping the restroom clean in the long run. Thus, demand for hand dryers is increasing in the U.S. and other countries in North America.

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Europe is the third-largest market for hand dryers, both in terms of value and volume. Similar to the market in North America, penetration of hand dryers is rising in Europe. Germany, the U.K., and France are prominent hand dryer markets in the region. As per PRODCOM data 2017, the unit sale of hand dryers in Europe (EU 28) was 978,300 units. Among them, the number of hand dryers manufactured in Europe and sold in Europe were 247,009 units. The U.K. is a prominent manufacturer of hand dryer in Europe, and it accounts for approximately 44.0% share of the production of hand dryers in the region.

Asia Pacific is the largest hand dryer market, both in terms of value and volume. China is a prominent market for hand dryer in Asia Pacific, followed by Japan and India. Expansion of the economy in China is boosting the demand for hand dryers across hotels, educational institutions, hospitals, and food service restaurants in the country. Japan is a developed country and hand dryers have been used in the country for a long time. Jet air hand dryers manufactured by Mitsubishi Electric Corporation are gaining popularity in Japan. India is another country that is witnessing economic expansion and the growth rate of its GDP is one of the highest in the world. This, in turn, is propelling the demand for hand dryers in various end-user across India.

Middle East & Africa (MEA) is a relatively minor market for hand dryer, both in terms of value and volume. The group of countries constituting the GCC is a prominent market in the region. The UAE, which is a part of the GCC, is witnessing an increase in construction of hotels and hospitals. This is boosting the demand for hand dryers in the country and fueling the overall demand in GCC. South Africa is the second largest hand dryer market in Middle East & Africa.

South America is the fourth largest hand dryer market, both in terms of value and volume. Brazil is a major hand dryer market in South America.

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The report provides a decisive view of the global hand dryer market by segmenting it in terms of product type and end-use industry. In terms of product type, the global hand dryer market has been classified into warm air dryers (WAD) and jet air dryers (JAD). In terms of end-user, the global hand dryer market has been divided into hotels, food processing and food service, office buildings, healthcare, and others.

The report highlights major companies operating in the global hand dryer market, which include Dyson Ltd., World Dryer, Excel Dryer Inc., American Dryer, and LLC. Mitsubishi Electric Corporation, Bradley Corporation, Electrostar GmbH, SPL Ltd., Tashan Jie Da Electrical Co.,Ltd., and Palmer Fixture.

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Fencing Market: Top Challenges to Face in 2020-2027

According to a new market report published by Transparency Market Research  titled ‘Fencing Market (Product Type – Privacy Fencing, Picket Fencing, and Others); (Material Type – Metal, Wood, and Plastic & Composite); (End-use – Residential, Commercial, and Agriculture)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027, the global fencing market is expected to reach US$ 62,766.5 Mn by 2027, expanding at a CAGR of 3.6% from 2019 to 2027. In terms of volume, the global fencing market is expected to reach 3,901.7 Million Feet, expanding at a CAGR of 2.2% from 2019 to 2027. The market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

Fencing is a part of the global perimeter security market. The perimeter security market in North America is a mature market and is growing at a healthy rate. In North America, rise in demand for perimeter security products are driving the demand for fencing products. Consumers in North America are increasingly demanding decorative home products, which is increasing the demand for ornamental iron and steel fences in the region.

In North America, privacy fences hold the largest market share and are expected to grow in market size during the forecast period. Across North America, there are specific rules and regulations regarding quality of the material used to make fences. Fences made of metal such as aluminum, steel, wrought iron, etc. hold the largest share in North America. Presently, plastic and composite fences such as fences made of vinyl are increasing in popularity in North America and are expected to see rising demand during the forecast period. In North America, the U.S. is the dominant fencing market, followed by Canada.

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The perimeter security market in Europe is a mature market and growing. In Europe, rise in overall demand for perimeter security products are increasing demand for fencing products. Increase in demand for attractive home protection products are leading to rise in demand for fences in Europe. Privacy fences hold the largest market share in Europe and are expected to hold a share of 44.0% by the end of the forecast period. In Europe, market players operating in the fence market have to follow specific rules and regulations. In Europe, metal fencing holds a major share of the market. Ornamental iron and wrought iron fences are increasing in popularity as they have low maintenance cost. Fences made of plastics and composites such as PVC are also popular in Europe. France, Germany, and the U.K. are the major fencing markets in the region.

The Asia Pacific perimeter security market is a growing market. In Asia Pacific, increasing usage of perimeter security products is increasing the demand for fencing products. Privacy fences hold the largest market share in Asia Pacific and are expected to hold a share of 43.0% by the end of the forecast period. Picket fences, chain linked fences, etc. are also growing in demand. In Asia Pacific, metal fencing holds a major share in the market. Wrought iron, ornamental iron, steel, and aluminum fences are increasing in popularity as they have low maintenance cost. Fences made of PVC are seeing increasing demand in Asia Pacific. China, Japan, and India are the major fencing market in the region.

Demand for fencing products is growing in MEA with rise in perimeter security products. GCC and South Africa are the major fencing markets in the region.

The perimeter security market in South America is small compared to other regions. Demand for fencing products is rising in South America with enhanced use of perimeter security products. Brazil is the largest fencing market in the region. In Rest of South America, Argentina is a major fencing market.

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The study provides a conclusive view of the global fencing market by segmenting it in terms of product type, material type, and end-use. In terms of product type, the global fencing market has been classified into privacy fencing, picket fencing, and others. The others category includes pool fencing, pet fencing, semi-privacy fencing, rail fencing, chain linked fence, etc. In terms of material type, the global fencing market has been segmented into metal, wood, and plastic & composite. In terms of end-use, the market is segmented into residential, commercial, and agriculture.

The report highlights major companies operating in the global fencing market including Compagnie de Saint-Gobain S.A., Bekaert, Ameristar Perimeter Security, Associated Materials, LLC., Jerith Manufacturing LLC., Long Fence Company Inc., Gregory Industries, Inc., Betafence Group, Ply Gem Holding Inc., and Builders Fence Company (BFC), Inc.

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Physician Dispensed Cosmeceuticals Market: Top Trends to Look for in 2020-2026

Transparency Market Research (TMR) has published a new report titled, “Physician Dispensed Cosmeceuticals Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global physician dispensed cosmeceuticals market was valued at US$ 14,311.52 Mn in 2018. It is projected to expand at a CAGR of 10.3% during forecast period.

The global physician dispensed cosmeceuticals market is anticipated to be driven by factors such as emphasis on beauty and appearance, rising awareness about anti-aging, and assurance about safety and efficacy of physician-dispensed cosmeceuticals. The physician dispensed cosmeceuticals market in Asia Pacific is expected to expand at a high CAGR of 12.0% due to changes in lifestyle and cultural attitudes, increasing pollution levels, and potential high consumer base. The region has witnessed increase in purchasing power and better exposure to international brands.

Increasing demand for cosmeceuticals

Physician dispensed cosmeceuticals include medicated esthetic products that are referred by dermatologists, trichologists, cosmetic surgeons, and allied medical professionals. These products are dispensed at skin and hair clinics, beauty and wellness centers, and are available as OTC products through selected retail outlets. Increasing levels of stress, pollution, and climate change can cause damage to the skin, hair, and eyes.

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This has created a demand for cosmetic products to treat a wide range of dermatological conditions. Cosmeceutical companies, therefore, are developing newer and advanced cosmeceuticals to target these medical conditions. Consistent demand for advancements in skin care and beauty products is leading to exciting new entries of various products in the physician dispensed cosmeceuticals market.

Entry of new players in the market

Various locally based cosmetic professional startups specializing in the manufacture and marketing of cosmeceuticals owned by dermatologists have recently entered the physician dispensed cosmeceuticals market in order to cater to the demand for cosmeceuticals among the local population. New entrants in the cosmeceuticals industry from developing countries include ZO Skin Health, Inc. (Japan), CU SKIN Co., Ltd. (Korea), Dr. Batra’s Skin & Hair Clinic, VLCC, and Kaya Skin Clinic (India). Hence, newer and advanced products are anticipated to enter the physician dispensed cosmeceuticals market in the next few years. Emergence of new concept of herbal medicine is paving the way for the demand for organic physician dispensed cosmeceuticals. These factors drive the global physician dispensed cosmeceutical market.

The global physician dispensed cosmeceuticals market has been segmented based on product type and region. Furthermore, in terms of product type, the market has been divided into skin care products, hair care products, eye care products, injectable Botox, and others. The skin care products segment accounted for a major share of the global physician dispensed cosmeceuticals market in 2017, as the nature of cosmeceuticals demanded by consumers is largely to treat dermatological conditions. Increasing awareness about personal appearance among the geriatric population and changing attitudes of middle-aged and geriatric populations in developing countries have fueled the demand for cosmeceuticals in order to eliminate the outward signs of aging. The anti-aging segment is expected to maintain its dominance of the market during the forecast period. Similarly, dermal fillers and injectable Botox segments are expected to expand from 2018 to 2026.

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Huge consumer base in Asia Pacific to create opportunities in market

In terms of region, the global physician dispensed cosmeceuticals market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is mature and technically developed, as compared to the other regions. Hence, the region accounted for a prominent share of the market, in terms of revenue, in 2017. Europe is anticipated to account for a significant share of the global market between 2018 and 2026. Surge in awareness among consumers about cosmeceuticals is expected to fuel the market in the region during the forecast period. The market in Asia Pacific is likely to expand considerably during the forecast period. Increasing preference to retain beauty and youthful appearance drives the demand for effective cosmeceuticals. These factors are expected to propel the demand for cosmeceuticals in this region. Moreover, increasing focus of key players on expansion in Asia Pacific, huge consumer base in the region, and rising awareness drive the physician dispensed cosmeceuticals market in Asia Pacific.

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Self-service Kiosk Market: Deep Company Profiling of Leading Players 2020-2030

Transparency Market Research delivers key insights on the global self-service kiosk market. In terms of revenue, the global self-service kiosk market is estimated to expand at a CAGR of 11% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global self-service kiosk market report.

In the report, TMR predicts that the global self-service kiosk market would be largely driven by factors such as rising consumer demand for quick shopping experiences. Innovations in technology and design of self-service kiosks is expected to boost their demand in the coming years.

According to the self-service kiosk market report, the product segment includes food kiosk, beverage kiosk, retail kiosk, parking kiosk, electric vehicle charging kiosk, patient interactive kiosk, information kiosk, employment kiosk, check-in kiosk, automated teller machines kiosk, and others. At a global scale, food businesses that employ self-service kiosks can expect a 13% increase in average spend per person. Rising consumer spend through kiosks is driving food product sales globally.

Fast food chain owners prefer to install self-service kiosks to decrease product delivery time and increase their average revenue with more customer engagement.

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In terms of payment mode, the has been bifurcated into cash payment and non-cash payment. The work economy has been shifting toward cashless transactions. Governments of different countries are encouraging people to use cashless transections.

Consumers generally prefer to make cashless transactions while purchasing products from self-service kiosk. Companies are selling a large kiosk portfolio with non-cash payment technologies. The self-service kiosk market is highly fragmented. Large number of small, medium, and large companies operate in the market at the global and domestic level. Companies work on product innovation to increase their market reach.

Demand for self-service kiosks is rising across developing countries. Several end-use industries are using interactive kiosks for diverse needs, ranging from food self-service, beverage self-service, check-in, ticketing, information, patient interaction, and parking, to human resource industry, photo printing, electronic product and electric vehicle charging, and clothing retail.

Demand for cashless payments is rising in developing countries. Increasing consumer acceptance of online transactions has been one of the major growth drivers of the self-service kiosk market. However, with requirement of high initial investment in such systems, demand for self service kiosks is expected to slowdown in underdeveloped countries. COVID-19 has created a slowdown in the kiosk market. The world economic crisis as a result of the pandemic has led to reduced demand for kiosks in different countries.

Interactive kiosk suppliers are increasing their production of self-service kiosks to supply them to end-use industries. NCR Corporation, a global interactive kiosks and ATM supplier, is increasing its production of interactive, self-service kiosks and ATMs in order to meet the increasing demand.

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Self-service Kiosk Market: Prominent Regions

Presently, North America dominates the global self-service kiosk market followed by Europe. North America is seeing increasing installation of kiosks in crowded places. It has been observed that consumers are more inclined toward purchasing products from kiosks in the U.S. and Canada. High disposable income coupled with demand for quick shopping experiences by decreasing queue waiting time is driving the market growth. The U.S. accounted for major market share in North America.

Demand for self-service kiosks in developing regions such as Asia Pacific is expected to increase significantly during the forecast period. The Asia Pacific self-service kiosk market is driven by the rising preference for queue-less shopping experiences in China and India. Moreover, rising consumer awareness about the usefulness of self-service kiosks is driving the market growth.

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Athletic Footwear Market: Growth Opportunities to Tap into in 2020-2027

The athletic footwear market report is a detailed study of trends, growth indicators, and economic forecast during 2018-2028. The report promises to provide key insights into the falling ratings for sports broadcasts. Currently, the falling ratings for all sports including NBA, MLB, and NFL is a major challenge worrying investors.

According to sports illustrated, there is a 9.7% drop in overall NFL rating during the 2017-2018 season. Moreover, there was an 8% fall in the NFL rating in 2015-2016. This pattern is consistent over all major networks including ESPN, MLB, and Fox. This is an important trend to watch out for in the athletic footwear market. The dynamic shifts in viewing patterns of of the audience is expected to bring about a sea of change in loyalties, branding, marketing and distribution channels in the athletic footwear market.

Global Athletic Footwear Market: Notable Developments

K-Swiss, a major brand for athletic footwear designed new sneakers especially for esports players in 2019. According to a new report by Goldman Sachs, the esports market will be worth $2.7 billion by 2022. Moreover, the move by K-Swiss is in line with other major brands including Adidas and Nike which also signed sponsorship deals with e-sports in 2019.

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While speaking in an interview, former vice president of digital and brand strategy at phoenix Suns said, the rising usage of tablet and smartphone has led to increased consumption of online channels on Youtube as well as Netflix. On the other hand, the Brian Hughes, senior vice president MAGNA Global USA said, there is an increased interest in quick highlights, stats, and updates.

Athletic Footwear Market: Drivers and Restraints

More consumer are engaging in cord cutting, cord shaving, and responsible for the falling ratings. This may be a worrying trend but it is a sign telling investors to adapt more to the digital medium. The interactive and vibrant interaction of digital medium needs to be analysed further in order to find more suitable and lucrative branding and marketing opportunities.

Many analysts believed the reason for the sudden drop in ratings has a lot to do with generational change. They believed millennial aren’t keen on watching sports as much as their previous generation. However, new studies have debunked this theory. The number of millennial watching NFL on TV actually increased from 65% to 67% in 2016-2017 season. So, the challenge here is not essential generational, or lack of interest. However, it’s about fighting short attention spans.

Global Athletic Footwear Market: Geographical Analysis

The global athletic footwear market report will cover key regions of the globe which display huge diversity in their viewership trends towards sports. On one hand, North America and Europe are witnessing huge stride towards e-sports. On the other hand, countries like China are witnessing major uptake of new sporting viewership including MLB and NBA. The e-sports market will likely remain dominant in the near future as rising urbanization globally, congested space, and busy lifestyle are moving city dwellers away from conventional sports.

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Additionally, the e-sports in the virtual world provide a far more interactive, community-based, and passionate fan following. The growing demand for athletic footwear in conventional sports is likely to remain high, thanks to expanding outreach to new regions, growth in interest for shorter formats of the game, and rising disposable income in developing countries. However, the digital arena leaves large scope for investigation as new players, new regions, and dynamic shifts in advertising, marketing, and distribution promise to create new opportunities for growth.

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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Tablet PC Market | Size, Share, COVID – 19 Outbreak and Forecast to 2027

The demand within the United States tablet PC market is growing at a sturdy pace in recent times. The unprecedented need for improved hardware technologies is an important dynamic of market growth and maturity. The use of tablet PCs is not restricted to a particular age group, and the heterogeneity of demand has given an impetus to market growth. Several streams of revenues currently exist in the global United States tablet PC market.

A large population of people in inclined towards buying the latest electronic gadgets. Increased affordability of the masses has created a farrago of opportunities within the global United States tablet PC market. The next decade would be crucial in deciding the direction of market growth.

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In this syndicate account on the global United States tablet PC market, Transparency Market Research decodes a multitude of trends and dynamics pertaining to market growth. The global United States tablet PC market is, understandably, at the crossroads of humongous growth and maturity. However, before the market crosses a threshold value in terms of revenues, the manufacturers are expected to continue experimenting with key technologies and manufacturing hacks. The US has been the powerhouse of technological excellence and innovation. This factor shall be a launch pad for the popularity of tablet PCs in several regions of the US.

United States Tablet PC Market: Notable Developments

• Samsung has made rapid strides of growth and development in the United States tablet PC market. The company has constantly developed new products that can attract the consumers, and has given tough competition to leading companies such as Apple. Several experts believe that Samsung’s tablet have become a mark of compactness in electronic manufacturing. The ease of navigating through the display of these tablets has helped in reconciling the dynamics of market growth. Apple is also in the race for a greater market share in the United States tablet PC market.
• Microsoft is a known player in the electronics industry, and the company has caused market disruption by introducing touchscreen tablets. Microsoft is a well-known player that is trusted by large companies and organisations that require tablets in large numbers at a given point in time. Provision of tablets to students and fresh graduates has become a government scheme that shall help the leading market players.

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Some of the key players in the global United States tablet PC market are:

• Apple Inc.
• Amazon.com, Inc.
• Samsung Electronics Co. Ltd.
• ASUSTek Computer Inc.

United States Tablet PC Market: Growth Drivers

• Use of Tablets by Students

Tablet PCs are widely used by students and youngsters who are constantly looking for utilitarian and nimble electronic devices. The high level of precision and manufacturing agility of the electronics industry while manufacturing tablet PCs has increased the product’s popularity. Furthermore, use of these United States tablet PCs is increasing with each passing year, and electronic manufacturers are under constant pressure to foster innovation in design and utility of these tablets. The need for tablet PCs cannot be confined to a particular population group or demographic.

• Importance of Compact Electronic Devices

The past few years have witnessed magnification in the trend of using compact and miniaturised technologies in electronic manufacturing. The electronics industry is hit by a storm of miniaturization, and the end-users are increasingly focused on buying agile and nimble devices and systems. Therefore, the total volume of revenues within the global United States tablet PC market is set to increase by several leaps in the forthcoming years. Tablets manufactured by leading electronic device manufacturers are pit against each other across the online market. Availability of online sales channels has created a buzz across the electronics industry, and manufacturers are leaving no stone unturned in optimizing these channels.

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