Monday, 4 January 2021

Freight Train Market Demand with Leading Player, Comprehensive Analysis, Forecast 2027

Transparency Market Research has released a new market report titled “Autonomous Trains Market By Grade : GoA1, GoA2, GoA3 & GoA4 By Train Type: Passenger Trains and Freight Trains, Based on Europe, Asia & Pacific, North America, Middle East & Africa, and Latin America Regions- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, the global autonomous trains market was at 8,000 Km in 2018 and is projected to surpass 29,000 Km by 2028 at a CAGR of around 13% from 2018 to 2027.

Autonomous trains are the further step to future transportation system. The global demand of autonomous train market is rising at a lightning pace as the total driverless underground or over ground trains are becoming realistic in several developed nations around the globe. During the forecast period, railway system will be the most productive and efficient mean of transportation as there is an increase in demand for autonomous trains globally. In autonomous trains, the decision to run or stop is being decided by the train itself without an assistance of a driver in real time.

In present-day metro and rail network, the train systems are connected with Automatic Train Control (ATC) that full fill the purpose of speed control mechanism. Autonomous trains are also equipped with ATP (Automatic Train Protection) that is a type of train protection system that performs the purpose of speed restriction and as well as have the ability to automatic stop at signals. This novel generation of automated trains has enormous impact on the railway system and is likely to expand the demand of this technology. Thus acquisition of autonomous train operation is likely expected to boost the market growth during the forecast period 2018-2027.

According to the UN Department of Economics and Social Affairs, urban areas would account for more than 60% share of the total world population by the end of the forecast period. This drives the need for autonomous trains which can provide key solutions to keep rail passenger traffic and congestion under control. There is an increasing trend of urbanization in developing countries due to job requirements which is driving the hub and spoke scenario in major cities.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25643

People from small cities/towns are migrating to industrialized metropolitan cities to grab job opportunities which is anticipated to drive the transit demand and in turn boost the autonomous trains market. By 2025, 35% of the world’s population is expected to move to middle class, which in turn, is anticipated to improve the volume of travelers and the choice of mode of travel. Demographic and economic shift are projected to result in new global order for rail transport solutions such as autonomous trains.

Increasing demand for safe travel is anticipated to drive the autonomous trains market as they minimize or eliminate the accidents caused by human error. Autonomous trains use a range of sensors which constantly monitor the surroundings of the train. These trains have advanced features such as automatic track identification system, infra-red collision system, and automatic fire detection & breaking system. These advanced features provide autonomous train with the capacity to reduce collision, deaths, and injuries which is set to boost the demand of the autonomous trains.

Major applications of autonomous train market covered in report are passenger trains which also includes long distance trains, suburban, tram rails and mono rails, freight, and mining. The report has been segmented by automation type into four different categories such as GoA 1, GoA 2, GoA 3, and GoA 4. The type of train operation for Grade of Automation (GoA) or GoA 1 is Driver with ATP (Automatic Train Protection), for GoA 2 it is ATP and ATO with driver, for GoA 3 it is DTO (Driverless Train Operation), and for GoA 4 the type of train operation is UTO (Unattended Train Operation). These various grades of operation refer to different kinds of levels of automated operations of the train. The global autonomous train market has been further segmented geographically into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.

Autonomous train market has been on a growing stage throughout the forecast period. Autonomous trains will be one of the major trends to gain traction in this market in the upcoming years. In modern automation system of trains, train operations are controlled and monitored automatically with no driver on board. This autonomous technology and its application are penetrating in different spheres of the transport industry.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/endpoint-security-market-to-grow-due-to-rising-complexity-of-network-infrastructure-noted-tmr-300849638.html

Autonomous trains are equipped with sensors, high-powered cameras, GPS data, and onboard computer systems which are connected to the control rooms. The data collected from sensors enables the train to take decision by itself. The autonomous technology is expected to mount the speed of the trains that will raise the number of trains running per track. Thus autonomous trains are expected to be the future of rail transport system.

Some of the major players in the autonomous trains market are Bombardier Transportation, Siemens AG, Alstom S.A., Thales Group, Ansaldo STS, Incheon Transit Corporation, Beijing Traffic Control Technology, China CNR Corporation Ltd among others.

Candle Market Share and outlook by 2026

Transparency Market Research has published a new market research report titled Candle Market (Type:Tea Lights, Votive, Pillars, Birthday Candles, Cartridge Candles, Wax Filled Container Candles, and Others; Raw Material: Beeswax, Stearin, Paraffin Wax, Rapeseed Wax, Palm Wax, Soy Wax, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018– 2026.’ According to the report, the global candle market is anticipated to reach US$ 13,619.3 Mn by 2026. The market is expected to expand at a CAGR of 6.0% from 2018 to 2026. 

Based on type, the candle market has been classified into tea lights, votive, pillars, birthday candles, cartridge candles, wax filled container candles, and others. Tea lights, votive, and wax filled container candles are expected to expand at a faster rate in the near future. Increase in usage of candles at special occasions, events, festivals etc. is anticipated to boost demand for candles. In addition, rise in popularity of scented candles and decorative candles and new areas of application for candles are key factors expected to fuel the growth of the candle market during the forecast period.

In terms of raw material, the candle market has been divided into beeswax, stearin, paraffin wax, rapeseed wax, palm wax, soy wax, and others. Paraffin wax is the most common raw material used in the production of candles. It is a by-product of petroleum and very economical in nature. Apart from paraffin wax, stearin is also frequently used by candle manufacturers across the world. In developed economies, there is a rise in demand for beeswax as it is organic in nature and improves air quality.

Request a Sample –https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50343

Earlier, candles were a functional product and only to be used as a source of light. These days, candles are not just a functional product, but a decorative product. Appearance and fragrance are the two important factors which consumers demand. Different shapes are introduced to cater to the customized demands of clients.Scent infused candles are mostly preferred due to their added characteristic to lighten the mood. Aromatherapy treatment also employs scented candles which help to release stress. The market for aromatherapy has grown rapidly, which has increased the consumption of aromatic candles.Aromatic candles aid in managing mental and physical stress and tension.

Based on geography, the candle market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is a dominant region of the candle market. The market in the region is projected to expand at a gradual CAGR of 6.0% in terms of value. The market in North America is expected to expand at a considerable CAGR of 5.9%, due to increase in consumption of eco-friendly candles in the region. According to the report, the candle market in Asia Pacific is projected to expand at a CAGR of 6.2% in terms of revenue in the near future. The market in South America is likely to expand at a CAGR of 5.8%. The market in Middle East & Africa is anticipated to expand at a CAGR of 5.7% in terms of value.

Some of the prominent players operating in the global candle market include Vollmar GmbH, Baltic Candles Ltd, Bolsius International BV, Delsbo Candle AB, Duni AB, Hansa Candle AS, KORONA Candles S.A., Ceras Roura, Contract Candles Ltd, and Candle Scandinavia Group AB. These players are estimated to face healthy competition in the near future due to presence of a large number of local players in the market.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/automotive-rear-view-mirror-market-to-reach-us11-13-billion-by-2022–rising-sales-of-suvs-to-propel-demand-noted-tmr-300818441.html

Major brands are likely to focus on research & development to strengthen their foothold in the global candle market. Companies are undertaking mergers and acquisitions, and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business.

Travel and Tourism Market Future Challenges, Growth Statistics and Forecast to 2027

According to a new market report published by Transparency Market Research titled ‘Travel & Tourism Spending Market ((Travel Days – Within 7 Days, 7-15 Days, and More than 15 Days); (Travel Type – Leisure Spending and Business Spending); (Application – Domestic Spending and International Spending)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027, the global travel & tourism market is expected to reach US$ 13,556.4 Bn by 2027, expanding at a CAGR of 5.2% from 2019 to 2027. The market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

The travel & tourism market in North America is a mature and organized market and the second largest in the world. According to the UN World Tourism Organization (UNWTO) Report 2018, the number of international tourist arrivals in North America (including Caribbean and Central America) increased from 97.1 million in 1995 to 174.0 million in 2017, holding a market share of 13.0% in 2017 of global international tourist arrivals. The average annual growth from 2005 till 2017 was 3.7%.

The U.S. is the largest travel and tourism market in North America. The U.S. travel & tourism market is the largest and most organized and mature market in North America. As per the UNWTO Report 2018, the number of international tourist arrivals in the U.S. increased from 60,010 in 2010 to 76,941 in 2017, holding a market share of 36.5% in 2017 of international tourist arrivals in the whole of the Americas.

Request A Sample –https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=61389

The travel & tourism market in Europe is the third largest in the world and is also a mature and organized market. As per the UNWTO Report 2018, the number of international tourist arrivals in Europe increased from 308.5 million in 1995 to 671.7 million in 2017, holding a market share of 51.0% in 2017 of global international tourist arrivals. The average annual growth from 2005 till 2017 was 3.3%. In the Europe travel & tourism market, Germany, the U.K., and France are the top three travel and tourism markets. Germany is the largest travel and tourism market in Europe, followed by the U.K. and France.

Asia Pacific is the largest travel & tourism market in the world and is a growing market. As per the UNWTO Report 2018, the number of international tourist arrivals in Asia Pacific has increased from 82.0 million in 1995 to 323.1 million in 2017, holding a market share of 24.0% in 2017 of global international tourist arrivals. The average annual growth from 2005 till 2017 was 6.4%. In the Asia Pacific travel & tourism market, China, Japan, and India are the top three travel and tourism markets. China is the largest travel and tourism market in Asia Pacific followed by Japan and India.

Middle East & Africa (MEA) is a growing travel & tourism market. As per the UNWTO Report 2018, the number of international tourist arrivals in MEA has increased from 31.4 million in 1995 to 120.8 million in 2017, holding a market share of 9.0% in 2017 of global international tourist arrivals. The average annual growth from 2005 till 2017 was 4.9%.In the MEA travel & tourism market, GCC and South Africa are the top two travel and tourism markets.

The South America travel & tourism market is a growing market. As per the UNWTO Report 2018, the number of international tourist arrivals in South America increased from 11.7 million in 1995 to 36.7 million in 2017, holding a market share of 3.0% in 2017 of global international tourist arrivals. The average annual growth from 2005 till 2017 was 6.0%. Brazil is the largest travel and tourism market in South America.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/automotive-rear-view-mirror-market-to-reach-us11-13-billion-by-2022–rising-sales-of-suvs-to-propel-demand-noted-tmr-300818441.html

The study provides a conclusive view of the global travel & tourism market by segmenting it in terms of travel days, travel type, and application. In terms of travel days, the global travel & tourism market has been classified into within 7 days, 7-15 days, and more than 15 days. In terms of travel type, the market has been segmented into leisure spending and business spending. In terms of application, the market is segmented into domestic spending and international spending.

The report highlights major companies operating in the global travel & tourism market including TUI Group, Hilton Worldwide Holdings Inc., Carnival Corporation & plc, Airbnb, Inc., Crown Resorts Ltd., Accor plc, Balkan Holidays Ltd., G Adventures, Adris Grupa d.d., and OYO Rooms.

Sports Betting Market Opportunities, Driving Forces, Future Potential 2027

Transparency Market Research delivers key insights on the global sports betting market. In terms of revenue, the global sports betting 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 sports betting market report.

Sports betting is a form of gambling where users predict sports results and place a wager on the outcome through online and offline platforms. Sports betting is restricted in some parts of the world due to multiple regulatory norms. However, in the coming years, some countries are expected to ease the regulatory norms pertaining to sports betting in order to avail tax revenues.

This helps end users witness and participate in betting activities in real-time through their Internet based or other electronic devices. The hike in the penetration rate of Internet-based devices, wagering through online and offline modes of payment, and relaxation of laws have boosted the sports betting market across the globe.

Request a Sample –https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=68894

In this market report, TMR estimates that the offline platform is expected to remain prominent till the end of 2027, though the online platform is found to be attractive among users in the sports betting market. Rise in the adoption of Internet-based devices and a large base of traditional sports bettors are the primary factors for the robust growth of the sports betting market across the globe. Increasing government initiatives are expected to drive the growth of the sports betting market during the period of 2019 to 2027.

All these factors are leading to the rise in the penetration rate of sports betting. However, most countries, globally, do not have well-defined laws and regulations related to sports betting and related activities. Social and religious stigma attached to the participation in sports betting is expected to hamper the market during the forecast period. In addition, risks associated with the threat of cyber-attacks and betting addiction are also a challenging factor faced by the sports betting market.

The sports betting market has been experiencing huge change since the last few years. Future scenarios that we explored involve a combination of various factors, such as increase in the prevalence rate of betting, increasing disposable income of consumers, trust in wagering through electronic and non-electronic payment modes of sports betting, and growth in the penetration rate of the Internet, along with adoption of Internet based devices, all of which are driving the sports betting market. This is projected to boost the market in the coming years. Moreover, the sports betting market has been experience noticeable technological changes since the last few years, and this has impacted not just the sports betting market, but the global economy as a whole.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/automotive-rear-view-mirror-market-to-reach-us11-13-billion-by-2022–rising-sales-of-suvs-to-propel-demand-noted-tmr-300818441.html

Targeting new regulated markets has created better opportunities for key players to penetrate their products and services. Key players of sports betting are focusing on popularizing their products through a wide range of online platforms and offline betting stations in order to cater to a wide range of bettors across the globe.

Sports Betting Market: Prominent Regions

  • Europe, with its smooth laws for sports betting, is expected to remain prominent during the forecast period. Hence, Europe is anticipated to be the biggest market for sports betting during the forecast period.
  • Relaxation of laws and regulations in North America and Asia Pacific having high potential for sports betting is expected to boost the market in the coming years.
  • Countries such as Australia, South Africa, Brazil, Uruguay, Thailand, and Singapore are observed to gain popularity in sports betting, owing to the large presence of sports followers. In addition, governments all over the globe are promoting tourism and the entertainment sector, which is expected to advance the sports betting market in the coming years.

Sports Betting Market: Key Players

Key players operating in the global sports betting market include Bet 365 Group Ltd, GVC Holding plc, The Stars Group, Paddy Power, Betfair plc, William Hill plc, Fortuna Entertainment Group, Betfred Ltd., mybet Holding, Hong Kong Jockey Club, and Kindred Group.

Energy Storage Systems Market Growth, analysis and Forecast to 2027

According to a new market report published by Transparency Market Research on the lithium-ion battery market for the forecast period of 2019–2027, the global lithium-ion battery market is expected to reach ~ US$ 41.5 Bn by 2027, expanding at a CAGR of ~ 9% from 2019 to 2027. In terms of volume, the global lithium-ion battery market is expected to reach 15,764.89 million units by 2027, at a CAGR of ~ 11% during the forecast period of 2019 to 2027. Asia Pacific held a prominent share of the global lithium-ion battery market in 2018.

Lithium-ion batteries power mobile phones, tablets, laptops, wearable devices, power banks, and other consumer electronic devices. Asia Pacific is the largest lithium-ion battery market in the world. The region has the largest consumer electronics and EV market, globally. Demand from these sectors is driving the sales of lithium-ion batteries in the region. In Asia Pacific, the value chain of the lithium-ion battery market is highly developed. Manufacturers in China, Japan, and South Korea, such as LG Chem, Samsung SDI, Panasonic Corporation, and BYD Group, are the dominant players manufacturing lithium-ion batteries for electric vehicles. Governments of China, Japan, and South Korea are investing heavily in lithium-ion battery technologies to maintain their lead.

China leads the lithium-ion market in the region. The large consumer electronics, EVs, and energy storage markets are driving the sale of lithium-ion batteries. Japan is a pioneer in the electronics industry. The Japanese automotive industry is an early adopter of EVs due to scarcity of oil. Rise in the sales of consumer electronic devices and EVs are increasing the demand for lithium-ion batteries. South Korea is a leader in the smartphone industry, and the rise in the sales of smartphones in the country is increasing the demand for lithium-ion batteries.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=251

North America has one of the largest consumer electronics and EV markets, and is the second-largest lithium-ion battery market in the world. The North America consumer electronics market was valued at ~ US$ 85 Bn in 2018, and is forecast to reach ~ US$ 108 Bn by 2023, expanding at a CAGR of ~ 6%. The rising consumer electronics market is driving the demand for lithium-ion batteries. Lithium-ion batteries are the heart of EVs. The region has opportunity for growth of EVs, as the penetration of EVs in the U.S., Canada, and Mexico is 2.4%, 2.3%, and 0.1%, respectively. The U.S. is the largest and the most prominent lithium-ion market in North America, followed by Canada.

Lithium-ion batteries are used in various energy storage applications, ranging from small capacity batteries used in residential systems with rooftop photovoltaic arrays to large capacity batteries used in complex energy grid systems. Rise in the demand for energy storage systems in the U.S. is driving the overall demand for lithium-ion batteries in the energy storage market in North America.

Europe is the third-largest market. Rise in the sales of consumer electronic devices and EVs is increasing the demand for lithium-ion batteries. The penetration of EVs in Germany, the U.K., and France is 2.0%, 2.1%, and 2.1%, respectively. Lithium-ion batteries are required to power all consumer electronic devices. The consumer electronics market in Europe was valued at ~ US$ 68 Bn in 2018, and is anticipated to reach US$ 89.5 Bn by 2023, increasing at a CAGR of ~ 7%. The sales of smartphones, tablets, and other consumer electronic devices are increasing the demand for lithium-ion batteries in Europe.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/endpoint-security-market-to-grow-due-to-rising-complexity-of-network-infrastructure-noted-tmr-300849638.html

MEA and South America are the smallest markets among all the regions.

Company profiles of the players operating in the lithium-ion battery market include company overview, major business strategies, and key developments. Companies profiled in the global lithium-ion battery market include BYD Company Limited, A123 Systems LLC, Panasonic Corporation, Samsung SDI Co. Ltd, Amperex Technology Limited (ATL), LG Chem, Ltd., Murata Manufacturing Co. Ltd., Toshiba Corporation, Clarios Power Solutions, and Maxell Holdings, Ltd.

Athletic Footwear Market to Witness Robust Expansion by 2030

Transparency Market Research delivers key insights on the global footwear market. In terms of revenue, the global footwear market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global footwear market.

The global footwear market is broadly affected by several factors. Footwear has gained immense popularity in sportswear due to increasing sports activity, emphasis on performance, and advancements in technology, which are factors expected to boost the global footwear market during the forecast period.

Footwear Market: Key Segments

The global market for footwear has been segmented based on type, usage type, material type, price, end user, distribution channel, and region. Based on type, the market has been divided into sports shoes & bellies shoes, boots, sandals, and others, wherein, sports shoes & bellies shoes is projected to be a highly lucrative segment across the globe from 2018 to 2030, due to rising participation in sports. Additionally, bellies have become one of the trendiest casual wear footwear options, especially among youngsters. Worldwide growth in security, military, corporate, and institution sectors is likely to promote the expansion of the footwear market in terms of boots.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=339

The influx of new and innovative designs coupled with increasing consumer awareness about trendy and fashionable lifestyles are major factors fueling the growth of the footwear market. In terms of usage type, the footwear market has been divided into athletic and non-athletic. The athletic footwear market is driven by rising demand for comfortable footwear with new styles and innovative designs. Moreover, increasing participation of users in high profile sporting events has resulted in extensive usage of athletic shoes.

Based on material type, the global market for footwear has been segregated into leather, textiles, and other synthetics. Textile is a major material in several types of athletic and non-athletic footwear. These are widely preferred by consumers, as they are found to be light, flexible, and durable and offer resistance against slippery surfaces. In terms of price, the global footwear market has been bifurcated into mass and premium. The end user segment of the market has been split into men, women, and kids. Men’s footwear segment is expected to witness dynamic growth during the forecast period.

Men have taken to changing styles often, and they prefer casual alternatives in terms of footwear such as colored footwear or more comfortable athletic footwear that can be worn, along with a suit. Based on distribution channel, the market has been divided into online and offline. Rapid advancements in the field of technology and the advent of high-speed Internet services such as 4G and 5G have contributed to the growth of the online segment of the footwear market. Furthermore, major manufacturers operating in this industry are opting to sell through online platforms due to the emergence of several eCommerce companies in order to attain a broader consumer base, as it helps them to promote their products with large discounts and offers to attract consumers.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/endpoint-security-market-to-grow-due-to-rising-complexity-of-network-infrastructure-noted-tmr-300849638.html

Footwear Market: Prominent Regions

The global footwear market has been divided into North America (U.S., Canada, and Rest of North America), Europe (U.K., France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, and Rest of Asia Pacific), Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa), and South America (Brazil and Rest of South America). In terms of revenue, Asia Pacific is a major market for the footwear industry, owing to the presence of a large customer base in emerging countries such as China, India, and Indonesia. Increasing demand for usage of athletic and non-athletic footwear in the region is driving the footwear market in the Asia Pacific region.

Footwear Market: Key Players

Key players operating in the global footwear market are Adidas AG, Bata Corporation, BOSS GLOVES, Converse, Crocs Inc., FILA Luxembourg, S.a.r.l, New Balance, Inc., Nike, Inc., PUMA SE, and Sketchers USA Inc.

Bathroom Linen Products Market Developments, Business Opportunities & Future Investments to 2027

Transparency Market Research delivers key insights on the global home textile products market. In terms of revenue, the global home textile products market is estimated to expand at a growth rate of ~5% during the forecasted timeline, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global home textile products market report.

In the report, TMR predicts that the global home textile products market would be largely driven by factors such as improving standard of living and rising number of single person households. Moreover, rising investment in the home textile products market by renowned retailers is expected to boost the demand for home textile products in the coming years.

According to the home textile products market research report, in terms of product, the market has been divided into window coverings (curtains, blinds [roller blinds, venetian blinds, and others], sun filters, and drapes), upholstery fabric, bed linen (bed sheets, bed spreads, pillows & pillow covers, and others), table linen (runners, table skirting, table mats, and others), bathroom linen (bath towels, bath mats, face towels, and others), and others.

Based on product, bed linen is expected to remain dominant in the global home textile products market. This is due to rapid growth in the residential and commercial sector across the globe. In addition, rise in disposable income of users and increasing spending on improving interior space is likely to enhance the sales of home textile products, especially bed linen. Rapid growth in demand for bathroom linen products such as bath towels, mats, hand towels, bathrobes, etc. is likely to propel the growth of the home textile products market. Continuous growth in demand for window covering, upholstery fabrics, table linen, wall covering, etc. is also one of the major factors driving the growth of the home textile products market across the globe.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=32537

In terms of material, the global home textile products market has been classified into natural, synthetic, and blended. The natural segment is estimated to be the most lucrative. This is due to increasing awareness and usage of natural fibers made of plant and animal based sources such as cotton, jute, silk, wool, down, and feathers, thus driving demand for home textile products made of natural material. Natural fiber with its hypo-allergic and breathability property is found to be attractive all over the globe. Synthetic material with its lightweight, durable, ultra-sheering, and long-lasting property is likely to remain attractive among manufacturers of home textile products.

Home Textile Products Market: Drivers, Opportunities, and Restraints

Transforming living standards of the masses coupled with rise in number of people opting for separate living is a driving force of the home textile products market.  Moreover, various brands have recognized the potential of home textile products and are investing extensively in promoting and expanding their reach to an increasing audience.

Domestic e-Commerce retailers such as Amazon, Walmart, Ikea, and Snapdeal have grown massively in the past five years and are expanding at about 19% annually. These e-Commerce platforms not only offer a common and easy to access market place, but have introduced their private labels for home textile products. These private labels offer economical curtains, bed linen, table linen, and blankets, which has helped to expand the domestic market worldwide.

However, the market evolution has been limited by a few factors. The global home textile products market is projected to face significant challenges from the high cost of logistics. Key manufacturers of home textile products are based in emerging countries that have weak logistic chains and infrastructure, which is anticipated to be the foremost factor limiting market growth. Such countries face scarcity of high-quality raw materials that are important to make quality products of international standards. Furthermore, the long product replacement cycle of these products is projected to restrain the growth of the market.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/endpoint-security-market-to-grow-due-to-rising-complexity-of-network-infrastructure-noted-tmr-300849638.html

Home Textile Products Market: Prominent Regions

Asia Pacific is the largest market accounting for highest share of the total revenue. The market in China is highly lucrative due to better economic conditions and increasing disposable income. Rise in demand for bed linen and bathroom linen, which remain the most preferred type among Chinese consumers is further likely to fuel the market. Europe was the second largest market in the global home textile products industry in 2018.

It generates around 20% to 30% of the total home textile products revenue globally. Strong product innovation among manufacturers with new designs in home textile products are expected to boost the market during the forecast period. In addition, penetration of creative products across the globe is found to be attractive among users, which is influencing the overall growth of the home textile products market.

Home Textile Products Market: Key Players

Some of the key players operating in the home textile products market are Arvind Limited, Beyond Textiles Pvt. Ltd., Dicitex, Evezary Co., Ltd., Franco Manufacturing Company, Inc., GHCL Limited, Grasim, Loftex China, LTD., Luolai Home Textile Products, Mehera Shaw, Trident Group, and Welspun Group.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...