Thursday 30 June 2016

Global Market for Athletic Footwear to Exhibit 1.80% CAGR from 2012 to 2018 Thanks to Increased Participation in Sports|TMR

Transparency Market Research announces the publication of a new market research report made available on the company’s website. The research study, titled “Athletic Footwear Market - Global Industry Size, Market Share, Trends, Analysis and Forecast 2012 - 2018,” provides a detailed analysis of the market, focusing on the key growth drivers, barriers, current trends, product segmentation, key geographical segments, and vendor analysis. The study has further included recommendations and inputs given by industry experts in order to help the new and existing players in formulating effective business strategies.Athletic footwear includes shoes that are designed to perform sports and other physical exercises effectively. This footwear is designed using flexible soles made from synthetic or rubber, which offer comfort to the user. A wide range of athletic footwear are available for men, women, and kids. As per the research study, in 2011, the global athletic footwear market was worth US$74 bn and is projected to reach a value of US$84.4 bn by the end of 2018. The market is anticipated to register a 1.80% CAGR between 2012 and 2018.

The growing awareness regarding a healthy lifestyle has encouraged several people to participate in sports, driving the overall athletic goods market in the next few years. The major players operating in the market are making efforts to introduce innovative designs to attract new consumers and augment sales. In addition, the increasing number of sports events, including ICC World Cup, Olympics, and FIFA World Cup, are also encouraging the youth to participate in sports, spurring demand for athletic footwear.

By product, the global market for athletic footwear has been divided into sports shoes, insert, backpacking shoes, and hiking shoes. In 2011, the insert segment dominated the market, holding a 36% share in the global market for athletic footwear. This segment is projected to grow rapidly, registering a 1.70% CAGR between 2012 and 2018. On the other hand, the sport shoes segment is also expected to grow at a fast pace throughout the forecast period.

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By geography, the global market for athletic footwear has been classified into Asia Pacific, North America, Europe, and Rest of the World. In the last few years, Asia Pacific dominated the market and is projected to account for a 41.60% share in the overall market by the end of 2018, owing to the growing population in this region. Europe is expected to hold the second largest position in the global market for athletic footwear. On the other hand, North America is projected to witness sluggish growth in the next few years, owing to the high cost of labor and raw materials.

The research study offers a detailed vendor analysis of the global market for athletic footwear and throws light on the competitive scenario. The company profiles of the leading players operating in the global market have been included in the research study. Some of the players mentioned in the research report are Wolverine Worldwide Inc., Skechers, USA Inc., Geox SpA, New Balance, Adidas AG, Under Armour Inc., Puma AG, Nike Inc., and Crocs. A detailed SWOT analysis of the prominent players has also been added in the scope of the research report.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Europe Footwear Market to Reach US$47.6 bn by 2021, Propelled by Introduction of Eco-fashion and Recycled Footwear

Transparency Market Research has published a new report on the Europe footwear market. As per the report, the Europe footwear market is expected to expand at a 1.50% CAGR during the period between 2015 and 2021. The report, titled ‘Footwear Market - Europe Industry Analysis Size Share Growth Trend Forecast 2015 - 2021,’ states that the Europe footwear market was valued at US$42.9 bn in 2014 and is predicted to reach US$47.6 bn by 2021 owing to the introduction of eco-fashion footwear, changing lifestyles, and increased online sales.

Footwear includes non-athletic and athletic footwear. Non-athletic footwear includes various kinds of footwear that are worn on casual, formal, fashionable, and traditional outfits. Athletic footwear comprises all types of footwear that are worn for various kinds of sports and physical exercises. At present, the Europe footwear market is the fastest growing market in the global footwear industry. However, the Europe footwear market is predicted to undergo many changes such as the introduction of eco-fashion shoes and new variations in several footwear categories. Currently, even though the preference for non-athletic footwear is higher, the increasing number of people participating in various sports and athletic activities is expected to increase the demand for athletic footwear.

Nowadays, fashion-conscious people are investing in fashionable footwear. Thanks to the easy availability of new products, they are able to fulfill their fashion footwear needs. The Europe footwear market is expected to register exponential growth during the period between 2015 and 2021 due to factors such as the increasing number of employed women, the rising fashion awareness among buyers of all ages, and the introduction of new stylish footwear. The introduction of new ethical and recycled footwear is expected to contribute towards the growth of the Europe footwear market in the years to come. The increasing disposable income, especially of the youth population, and the rising preference of buyers for eco-fashion are expected to further benefit the Europe footwear market in the next few years.

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The Europe footwear market is segmented on the basis of product type, gender, and country. By country, the Europe footwear market is divided into the U.K., Italy, France, Spain, the Netherlands, Germany, and Rest of Europe. Italy is predicted to register the fastest growth in the Europe footwear market in the next few years. The Italy footwear market is expected to be driven by factors such as technological advancements, eco-fashion, and the increasing online sales of various types of footwear. The rapid expansion of footwear shopping centers is further predicted to benefit the Europe footwear market in the next five years.

Adidas AG, Puma SE, Nike, Inc., Bata Ltd., and Deichmann SE are some of the leading players operating in the global Europe footwear market.

Based on gender, the Europe footwear market is classified into kids’ footwear, men’s footwear, and women’s footwear. Innovations and the increasing spending capacity for branded footwear are predicted to drive the men’s footwear segment. However, the increasing number of working women is predicted to benefit the women’s footwear market in the next few years.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Europe Industrial Protective Footwear Market to Reach US$2.59 bn by 2020 owing to Rising Workplace Accidents

Transparency Market Research has published a new report on the Europe industrial protective footwear market. The report, titled ‘Industrial Protective Footwear Market - Europe Industry Analysis, Trend, Size, Share and Forecast 2014 - 2020,’ states that this market was valued at US$2.24 bn in 2013. Factors such as stringent government rules and the increasing number of workplace accidents are expected to boost the Europe market to reach US$2.59 bn by 2020. As per the report, the Europe industrial protective footwear market is expected to exhibit a steady 2.10% CAGR from 2014 to 2020.

Workers in the construction industry, manufacturing units, chemical laboratories, oil and gas plants, and other such industries are exposed to hazardous objects. Moving machinery in the manufacturing industries, chemical spills in the oil and gas industries, and falling objects at the construction projects typically pose a threat to the workers. The Europe industrial protective footwear market is primarily driven by the constant rise in the number of workplace accidents. The rise in the number of construction projects in the pipeline and the increasing number of oil and gas industries are further expected to propel the Europe industrial protective footwear market in the years to come.

For a better understanding of the market, it has been segmented on the basis of country and application. Italy, France, the U.K., and Germany are the major countries covered in the Europe industrial protective footwear market. Some of the leading players operating in the Europe industrial protective footwear market are Jal Group (Italy), Saina Group Co. Ltd. (China), Cofra Holdings AG (Switzerland), Rahman Group (India.), and Oftenrich Holdings Company Limited (Taiwan).

The Europe industrial protective footwear market serves various industries such as construction, oil and gas, chemicals, food, transportation, manufacturing, pharmaceuticals, and others. Currently, the manufacturing application segment dominates the industrial protective footwear market in Italy. However, the others application segment is predicted to exhibit a 3.20% CAGR from 2014 to 2020 owing to rapid industrialization.

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In 2014, the construction application segment held a dominant share in the U.K. industrial protective footwear market. Going forward, the food segment is predicted to exhibit the fastest growth in the U.K., progressing at a 3.50% CAGR from 2014 to 2020. The food application segment in the U.K. is primarily driven by changing government rules and the rising workplace safety awareness.

In Germany, currently, the manufacturing segment leads the demand for industrial protective footwear. The presence of many leading players operating in Germany is predicted to propel the manufacturing application segment in Germany throughout the forecast period.

The Europe industrial protective footwear market is highly competitive in nature. With regular advancements in technology, leading players are able to introduce new industrial protective footwear. The entry of new companies will also invite new product varieties. However, stringent government policies will act as barriers for new companies entering the Europe industrial protective footwear market. The availability of affordable industrial protective footwear is a threat to branded products. These factors are expected to restrict the growth of the Europe industrial protective footwear market in the near future.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Wednesday 29 June 2016

Global Hand Hygiene Market - Industry Analysis, Growth, Trends, Forecast 2020

Hand hygiene is the act of keeping one\'s hands clean with water, soap, or other related substance to remove soil, dirt and microorganisms. There are high importance of hand hygiene for health of individual and community. It is relevant in all establishments such as home, workplace and schools however the significance of hand hygiene is far above the ground in hospitals or other healthcare related setup. Hand washing helps to prevent many airborne diseases such as measles, influenza, tuberculosis and chickenpox. At the same time high protection against diseases transmitted through fecal-oral route and direct physical contact can be ensured by it. Hand hygiene in any setup includes different products such as soap and detergents, hand antiseptic and antiseptic rubs by various techniques similar to washing, rubbing and drying.

All the leading healthcare related organizations such as World Health Organization (WHO), Centers for Disease Control and Prevention (CDC) have stated specific guidelines for hand hygiene with specific attention on healthcare set ups considering the burden of health care-associated infections all across the world. According to CDC, in the United States alone, patients in hospitals gets 722,000 infections each year, which can be reiterated as one in every 25 patients gets infected with some kind of infection in hospital. The infections acquired in hospitals sometime can cause severe complications; hand hygiene is one of the important tools to prevent these conditions. Tufts Medical Center, the prestigious medical center in United States estimates that approximately USD 4.5 billion extra cost is added every year because of hospital acquired infection in U. S. alone.

The requirement to prevent and manage healthcare acquired infections (HCAI) affecting millions of people every year in the world is driving the hand hygiene market all across the globe. On the other hand, major outbreaks of various infectious diseases in many countries serving towards the positive growth for market. However, potential for hand hygiene market fluctuates across the regions and geographies. Poor awareness, lack of education, and training on hand hygiene, along with lack of standard procedure for hand hygiene in many countries hindering the growth prospects of the market.

Hand hygiene market can be segmented according to different categories such as regional geography and types of products used for washing hands in different establishments. Geographically, this market can be segmented in four regions namely North American, Europe, Asia-Pacific and Rest of the World, out of all these segments North America region have highest contribution in terms of value because of high awareness towards hygiene, standard guidelines and training to healthcare workers and general public.

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Followed by this Europe, Asia-Pacific and Rest of the World respectively are major segments of the market. This market can also be segmented according to types of products used such as hand wash, soaps, detergents, antiseptic wipes, rubs and others. Recently hand hygiene compliance monitoring systems are introduced in the market where institutions using these kinds of devices have claimed that number of infection cases have drastically reduced.

Currently various established companies in hospital and healthcare based business catering varied range of products such as hand wash, surgical sanitizers, antiseptic soaps and other hand hygienic products in this market out of which companies such as Kutol, Whiteley Corporation, Deb Group, GOJO Industries, Inc., Medline Industries, Inc., EcoHydra are leading contributors, on the other hand Meritech and Kimberly-Clark are major companies in hygiene monitoring systems.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Reduced Overhead and Initial Costs of Kiosks Raise Demand among Operators|TMR

In an age of hectic lifestyles and computerized communication and transactions, the Kiosk Market presents an opportunity for businesses and consumers alike to sell and buy products as well as services at ease. Automating day-to-day tasks - right from picking up breakfast to paying bills - has been rendered convenient owing to the presence of kiosks.

Depending upon the application, kiosks can be of several types: ticketing kiosks at movie theatres, bus or train stations, and parking lots; banking kiosks and ATMs that allow banking transactions at convenient locations; check-in and food-ordering kiosks at hotels and restaurants; self-checkout kiosks at supermarkets, hypermarkets, and retail outlets; postal kiosks that allow customers to carry out mailing transactions without the help of postal workers; information kiosks, and DVD rental kiosks.

The market report presents comprehensive research on the kiosks market and monitors as well as analyzes the various industry trends around the globe. With its accurate and insightful data and statistics, the report enhances the reader’s understanding of the global kiosk market and offers focused and strategic recommendations for any business.

Overview of the global kiosk market

The kiosk market across the globe has operators making the most of its inhibiting structure and innovative vitality. Approaching this category of sales and marketing with immense drive and ingenuity, independent operators and chains have faced the benefits as well as pitfalls of kiosk businesses.

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One of the major advantages presented by a kiosk is the convenience of establishing a business at a strategic location within a city at any given time and the ability to move around or change the location depending on the success or failure of the business. The prices of real estate have been skyrocketing over the past several years and the operating costs of stand-alone stores have also surged. Operators increasingly prefer kiosks over traditional brick-and-mortar stores because of their low initial investment and overhead costs. The performance of a kiosk depends strongly on impulse purchases, mainly due to the convenient location of the kiosk and the kind of products or services on offer. The economic recovery in many countries has resulted in a rise in disposable income and, as a consequence, the purchasing power of the consumer, which has in turn impacted impulse purchases and overall out-of-home spending.

On the downside, the presence of strict local regulations makes expansion of the kiosk market rather difficult. Regulations differ from city to city and managing multiple kiosks can be burdensome for an operator. The absence or lack of interactive transactions means there is no personalized solution for customers. This can act as a restraint taking into account the expanding consumer base of the kiosk market. In addition, kiosks present a rather limited sales volume potential as compared with other types of business outlets. This poses a significant barrier to the growth of the kiosk market.

Companies mentioned in the research report

Some of the major players featured and profiled in the research report are Vend-Rite located in the U.S., Maas International with its head office in the Netherlands, Glory Ltd., headquartered in Hyogo, Japan, Coin Acceptors, Inc. based in Missouri, U.S., Westomatic, located in the U.K., Crane Merchandising Systems located in the U.S., and Fuji Electric Retail Systems with a head office at Tokyo, Japan.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Global Mattress Market - Industry Analysis, Growth, Trends, Forecast 2019

The report on ‘Mattress Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019’ enumerates growth projections for mattresses according to product type and geography. The report presents an in-depth study of the current market trends, and features an analytical assessment of the growth drivers and restraints in this industry.

The report makes use of primary and secondary research efforts to establish accurate growth figures, and offers insights into the macro and micro factors that will likely induce growth.

The report also takes a look at various technological advances that have shaped the mattress industry in the recent past. Further, an in-depth analysis of the position of buyers, suppliers, and manufacturers is carried out using Porter’s five forces. A step-by-step assessment of the value chain of the mattress market adds coherence to the market figures stated in this research report. Overall, this market research is poised to supplement strategic decision making for new as well as established market players.

Overview

A mattress is a heavy fabric case that contains a filling of foam, cotton, hair, or straw. The case is either fastened or quilted to keep its contents from spilling over. Mattresses have been in use for hundreds of centuries. In the contemporary scenario, mattresses can be classified into the following types: air, foam, innerspring, and non-innerspring (or specialty) mattresses. Specialty or non-innerspring mattresses can be further classified into airbeds, waterbeds, and viscoelastic foam mattresses.

The production of mattresses has emerged as a lucrative business thanks to a marked improvement in manufacturing techniques and the availability of new, more affordable materials. These aspects have consequently improved profit margins of industry players.
Moreover, consumers with a higher disposable income are conscious of the brand and comfort associated with a mattress. So, the mattress market is reaping the benefits of the improving housing and aesthetics market. The category of high-quality mattresses deserves a special mention as it has considerably grown in popularity. These mattresses address health-related attributes of users as well as environment safety. The market for innovative products such as intelligent mattresses, pillow top bed has only just picked up, and will likely stoke the further growth of the high-quality mattress market.

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Medical practitioners have long stressed on the importance of sound sleep for better overall health, and the mattress market plays a key role in helping consumers follow a good sleep routine. Thus, it is now not uncommon to see younger consumers spend unprecedented amounts of money on purchasing a superior quality mattress. But, it is also this high cost that is expected to act as a barrier to growth in some markets – especially in markets where cost-conscious consumers abound.

Hitherto, the U.S. has been a leader in terms of both production and consumption of mattresses. But, economies of the developing world have demonstrated a healthy growth pace and will bring in cost-competitiveness in this market. These include countries in Europe and Asia Pacific, especially India and China.

This report also states that non innerspring mattress (specialty) is poised to show the highest growth, and will continue to do so in the coming years.

Companies mentioned

This report mentions the following key players in the global mattress market: Tempur-Pedic Management Inc., Comfort Solutions, Reylon Limited, Kingsdown Inc., Serta International, Spring Air International LLC, and Simmons Bedding Company.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Global Rubber Tires Market to Grow due to Increasing Demand from Automotive Industry|TMR

Transparency Market Research Report Added "Rubber Tires Market".The world runs on wheels, and almost all automotive-wheels essentially need tires. Modern pneumatic tire production fundamentally needs synthetic or natural rubber along with other chemicals. A huge majority of the world rubber production is consumed by the tire industry. The crucial performance requirements of automotive-tires are to provide grip to the vehicle, resist abrasion, and carry and transport loads, all the while providing reasonable safety and performance to the vehicle. Different types of rubber are used for manufacturing tires for different purposes. The tire industry has been growing tremendously over the past decade, both in terms of volume and revenue, due to the increase in demand.

This trend is likely to sustain in the future as well. The Asian market is expected to provide a boost to the tire industry. The U.S. and European region is projected to witness a growth below the global average, which is boosted by rubber requirements in China. Latin America and the Middle East are also expected to up the demand for tires due to increased automotive production in the regions.

One of the primary drivers for this market is the exponential increase in the number of vehicles produced throughout the world. China, for example, is the leading consumer of bicycles and motorcycle tires, and comes second only to the USA in terms of motor vehicle tires. The population growth along with a significant rise in income levels in Asia-Pacific is the reason for the growth of the automobile industry, and indirectly the tire industry.

The governments of many countries have doled out economic stimulus packages for the automotive industry to add vigor to automobile manufacturing, which have led to an increase in the level of production and demand for tires. Tires are not only used in new vehicles, but need to be replaced in old vehicles as well due to wear and tear, which is also a major market for rubber tires. Airplane tires are a niche market, but is a high revenue contributor to the rubber tire market. However, there are certain restraints to this market.

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It is highly susceptible to the prevailing macro-economic conditions of the world. Rise in fuel prices can act as a deterrent to automobile production and affect the tire industry. Due to financial burdens, several automobile manufacturers in the past had implemented large-scale production cut-backs, which affected the sales negatively.

Some of the major players in this market are Bridgestone Corporation, Goodyear, MRF, Continental AG, Maxxis International, and Eurogrip Tires among many others.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Tuesday 28 June 2016

Global Beauty Devices Market - Industry Analysis, Growth, Trends, Forecast 2024

Global Beauty Devices Market: Overview

The increasing prevalence of skin-related issues, a rising geriatric population, and the expansion of the middle class have been the key factors boosting the Global Beauty Devices Market. The market is poised to surge exponentially between 2016 and 2024. Much of the growth exhibited by the market is attributed to the rising demand for hair removal devices. This product segment is expected to hold a considerable share in the market during the forecast period. Among the various application segments, the demand for beauty devices from salons is expected to rise at an impressive rate.

Among other factors, the growth of consumerism has had a profound impact on the market’s trajectory. Increasing demand for devices used in the treatment of skin diseases such as acne, psoriasis, and atopic dermatitis has been crucial in expanding the market’s operation. Of the aforementioned skin-related issues, acne is among the most prevalent dermatological conditions, troubling millions around the world. It is caused due to the clogging of hair follicles by dirt, dead skin cells, and sebum. More often than not, acne leaves behind scars. According to the findings of the American Academy of Dermatology, about 85% of Americans suffer from acne at some point in their lives. Apart from this, exposure to ultraviolet radiation can also cause skin diseases.

Beauty devices that have been launched recently in the market have proven extremely beneficial in the treatment of the aforementioned dermatological conditions. Demand from the global beauty devices market is thus expected to increase at a robust pace in the coming years. The report studies the various factors influencing the global beauty devices market. It provides a comprehensive overview of the growth trajectory exhibited by the market over the last few years. It also presents forecasts about the market’s growth prospects based on information obtained from trusted industrial sources.

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Global Beauty Devices Market: Drivers and Restraints

The majority of demand witnessed by the market comes from geriatric consumers. Old age is often associated with a reduced vascular network in layers of skin and loss of fibrous tissue. Consequently, people belonging to this age group demand special treatments for healthier-looking skin. Furthermore, the characteristics and appearance of a person get altered in old age, leading to dryness, pigmentation, wrinkles, and sagging of skin. Anti-aging beauty devices available in the market help in reducing these signs of skin aging, thus lending the skin a youthful radiance by tightening it.

Awareness about the availability of treatments and related devices for treating aging skin has been thus boosting the global beauty devices market. Despite witnessing a considerable rise over the last couple of years, knowledge regarding the risks associated with using these devices is hampering the market’s growth to an extent. Some of the most common side-effects associated with the beauty devices include fragile skin, excessive swelling, discomfort, blistering, and bruising. The appearance of these side-effects can slow or postpone the process of skin treatment. Also, many popular beauty devices emit intense pulsed light that can result in side-effects such as edema, superficial burn, scarring, and postoperative erythema.

Global Beauty Devices Market: Competitive Insight

In order to study the competition prevailing in the market in detail, the report profiles some of the major companies operating therein. These include the L’Oreal Group, Panasonic Corporation, Procter & Gamble Company, and Carol Cole Company. The strengths and weaknesses of these companies are extensively studied in the report. It also provides in-depth insights into the threats and opportunities that these companies are likely to face in the near future.

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

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Sports and Fitness Clothing Market - Global Industry Analysis, Growth, Trends, Forecast, 2019

Global sports and fitness clothing market is consisting of two segments sports apparel and fitness clothing. Each segment has different target audience, the intersection of leisurewear, sports apparel, fitness wear is steadily obscuring the difference between sportswear, fitness clothing, casual wear, and active wear, and this leads the changes in their target audience. Global sports and fitness clothing market is growing rapidly due to increase in participation of consumers in to various sports activities. This market has noticed various mergers and acquisitions. The global sports and fitness clothing market has witnessed several new trends in its market such as rise in consumer inclination towards healthy life styles, emergence of new sports and spread of some indigenous sports to new regions, increase in sports participation rates. All these factors help in increase the demand of sports and fitness clothing market.

There are various factors that derive the growth and demand of global sports and fitness clothing markets are changing lifestyle, increase in sports participation, rapidly increasing ageing but active population, growing popularity of adventure travelling, increasing number of women participation in sports and increasing internet usage. There are different factors that restrained the growth and demand of sports and fitness clothing markets are unprecedented development in e-commerce, changing consumers taste and preferences, increasing labor shortages and rising prices and rising prices of raw material. Increasing number of women participation in sports activities represent the growth trend and an opportunity for global sports and fitness clothing market, increasing income levels and changing lifestyles helps in derive the market growth of sportswear market.

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Some of the key players of global sports and fitness clothing market dominating the market are s Adidas AG, Reebok, Amer Sports Corporation, Ashworth Inc, ASICS America Corporation, Benetton Group S.p.A, Billabong International Limited, Blacks Leisure Group Plc, Columbia Sportswear Company, Descente Ltd., Eddie Bauer, Inc, Escada AG, Everlast Worldwide, Inc., Foot Locker, Inc., Gap Inc., Banana Republic, Old Navy, Hanesbrands, Inc., Hugo Boss AG, Jacques Moret Inc., JJB Sports Plc, Jockey International, Levi Strauss & Co., Nike Inc., Umbro Plc, Perry Ellis International Corporation, PVH Corp., Ralph Lauren Corporation, Prada S.p.A Group, Quiksilver Inc., Russell Corporation, Brooks Sports Inc., The Timberland Company, Tommy Hilfiger,Triumph International AG, Under Armour, Inc., V.F. Corporation, Nautica Enterprises Inc., Majestic Athletic, Wacoal Holdings Corporation, and Warnaco Group Inc.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Hair Care Market - Global Industry Trends, Analysis, And Forecasts 2012 – 2018

The research report on the Global Hair Care Market estimates growth figures, trends, and restraints that will be prominently seen in this market between 2012 and 2018. For this purpose, our analysts study the overall hair care market by segmenting it on the basis of products, applications, and geographical markets. The larger market structure and capacity of each segment is analyzed in detail, using industry-leading research tools. Our research efforts are based on extensive primary and secondary data, gleaned from proven databases and sources. The report also offers recommendations from our experienced analysts to help clients’ formulate a sustainable and future-proof growth strategy. Data and analyses contained within this market research report can also be used for creating marketing strategies and financial models.

Overview of the global hair care market

Hair care products are formulated to help nourish hair and prevent hair damage resulting from pollution, dryness, and other factors. The hair care market comprises thousands of products, each claiming to have unique properties. Such products could be composed of either natural ingredients or synthetic ingredients, which are combined with other cleaning, moisturizing or protective substances. A few products that are widely available in the global hair care market include: shampoos, conditioners, serums, hair styling gels, hair colorants, hair sprays and glazes, scalp nourishing products, hair masks, and hair accessories.

Popular culture represents healthy, lustrous and well-groomed hair as being central to maintaining a youthful appearance, and this factor strongly influences purchase decisions among consumers. Participants in the hair care market are actively engaging in conducting R&D to formulate new, more effective and safe products. Within the global hair care market, herbal hair care products have been enjoying an increasing popularity over the past few years. This change has occurred because of consumers’ heightened awareness about the ill effects of harsh chemicals and substances. Another factor driving growth in the hair care market is a rapid pace of technological innovation on the formulation and manufacturing front. Over the last few years, growth in the hair care market has been encouraging, which has prompted a number of new entrants to gain a foothold in niche segments. In the coming years as well, this trend is projected to continue, especially as millions of consumers in developing economies are now becoming conscious about styling their hair, coloring grey hair, and maintaining a healthy scalp.

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In the near future, the biggest opportunities for the hair care market will lie in developing countries such as China and India. The hair care products market will also grow on account of a demand for hair care services such as: hair care treatments, hair spa, deep nourishment, and such. Intensification in merger and acquisition activities has led to an increased focus on new growth strategies such as online retail outlets and personal grooming products. Market players will, however, have to tackle the issue of counterfeit hair care products effectively.

The global hair care market is vast, and is composed of an array of products for different hair types and end user segments. This market research report estimates that premium shampoo segment will witness the highest sales. This segment will be closely followed by hair gels and hair accessories.

Ever since the hair care industry took root, women have constituted a larger user base. However, hair care products for men are now increasingly in demand too. Male buyers’ grooming and styling preferences have changed drastically and so has their buying pattern. Younger male consumers, especially, show a greater leaning toward styling and hair care products that are designed for specific end results. Thus, the men’s hair care market is on an upswing and holds immense potential for innovation and new marketing strategies.

By product segment, this report divides the hair care market as: shampoo, hair conditioners, hair spray, hair color, hair growth products, hair styling mousses and gels, and hair accessories.

Companies mentioned in the hair care market research report

Leading Market participants that are profiled in this report include: Proctor & Gamble, L’Oreal USA, Scunci International Inc., Unilever Home and Personal Care, Goody Products Inc., Combe Inc., John Frieda Professional Hair Care Inc., Revlon Inc., Henkel Corporation, Conair Corporation, Neutrogena Corporation, Avon Products Inc., Diamond Products Company, and Aveda.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Laundry Detergents Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2024

Laundry Detergents Materials Market: Overview

Laundry detergents materials are type of materials specifically used for household and laundry services in developed as well as developing countries. These materials can be petroleum or oleochemical based. Laundry detergents materials include detergent alcohols, surfactants, salt of fatty alcohols, alkyl sulfates and sulfonates. These materials can be liquid or dry powder form.

Growing laundry industry across the globe is expected to drive the laundry detergents materials market. Most of the demand is contributed by developing countries due to changing lifestyle of consumer groups and rising disposable income. Huge population and changing consumer preferences in the developing countries are the major factors driving laundry industry, which in turn expected to drive the market growth.

However, hazardous effects of laundry detergents on human health and volatile raw material prices of petrochemicals are expected to hamper the market growth. Petroleum based fatty alcohols are subjected to volatile crude oil prices and demand for oleochemicals is high from bio-diesel application. Hence, availability of raw materials can be major concern for the players in laundry detergents material market. Product differentiation and development of olecochemical based products are expected to provide immense opportunities for the players in the market. Product differentiation can be shown with the aggressive marketing and advertisements.

Laundry Detergents Materials Market: Regional Trends

Laundry detergents materials market is matured in Western Europe, North America, and Japan. Hence, the growth of this market is limited to developing countries in Asia Pacific and Rest of the World. Consumer behavior patterns are changing drastically and demand for liquid laundry detergent is increasing as they are easy to use and generally use higher surfactants quantity per washing cycle. North America was the largest consumer of the laundry detergents market. However due to low growth potential affected by maturity and low population growth rates, North America is expected to show low growth rate in the future. North America was followed by Europe in terms of consumption. Asia Pacific was the third largest consumer of laundry detergents market. The region is largest producer and exports to developed regions. The region is expected to exhibit highest growth rate for the foreseeable future. Rest of the World is anticipated to contribute significantly to the global demand for laundry detergents material owing to rising GDP and high population growth rates.

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Laundry Detergents Materials Market: Competitive Landscape

Global laundry detergents market is fragmented in nature, with a large number of players operating in this space. Most top players boast a presence across the industry’s value chain with both backward and forward integration. Research into less hazardous materials and more innovation is a key component in the competitive strategies of many players.

Mergers & acquisitions are also regularly reported from this space as companies vie to attain a greater regional market share. Furthermore, marketing is an important element to establish product differentiation among the laundry detergents market players. These players are deploying aggressive marketing and branding strategies to either retain or increase their market share in the regional markets. Additionally, players need to create umbrella brand under which different product variants are offered to maintain the market share. Consumers are buying laundry detergents materials from retail outlets in large quantities, that reflects their preference for low cost detergents and hence players need to reduce the cost by reducing surfactant content in the final product.

Key players in Laundry detergents market include Clariant Corporation, Croda International, Rhodia SA, Huntsman Corporation, BASF SE, Galaxy surfactants, Henkel AG & Co. KGaA, Du Pont, The Dow Chemical Company, Unilever, Colgate, Clorox, Kao Corporation, Oxiteno, Procter & Gamble, Godrej Industries, and Unger Surfactants among others.

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

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Monday 27 June 2016

Brazil Key Influencer in Latin America Feminine Hygiene Products Market as it Reaches US$3.81 bn by 2020

Countries such as Peru, Chile, Brazil, and Argentina will continue to support the growth of the Latin America feminine hygiene products market, says Transparency Market Research in its report, titled ‘Feminine Hygiene Products Market - Latin America Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020.’ TMR says that the feminine hygiene products market in Latin America will log a 9.6% CAGR from 2014 through 2020, and will rise from a valuation of US$2.19 bn in 2014 to US$3.81 bn by 2020.

The essential nature of feminine hygiene products guarantees a steady demand for them, but growth and profitability will be determined chiefly by innovative products. Brazil, being the most dominant country in this market, will largely influence the trajectory of the market until 2020.

The use of modern feminine hygiene products among women in Latin American countries is rising because of more women entering the work force, giving them greater purchasing power. This, coupled with women being more aware about the latest feminine hygiene products on the market, will also augur well for the Latin America feminine hygiene products market, say TMR analysts. Products that seamlessly fit into changing lifestyles of women in the region are seeing encouraging sales.

In Brazil, the largest market for feminine hygiene products in Latin America, the demand for premium products is higher than in many neighboring countries. Here, women are seen to prefer products such as tampons over conventional sanitary pads, shields, and pantiliners. Manufacturers, having spotted this changing preference as a key market trend, have been responsive in introducing innovative products in the Brazilian feminine hygiene products market. The scenario is slightly different in Argentina, where purchase decisions are made more rationally and cost remains an important factor on account of the relatively low purchasing power. As a result, mid-range products are more popular in Argentina, says the report.

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In Chile, on the other hand, there is a palpable demand for feminine hygiene sprays and cleansers meant for use internally. This is attributable to the growing emphasis on maintaining a high degree of hygiene. The demand for premium internal cleansers and sprays is only just picking up in Chile and will be an attractive space in until 2020, according to the report.

In Peru, the report notes that the preference for ultra-thin sanitary pads is higher than that for other kinds of sanitary protection products. The status quo will remain unchanged until 2020, predicts TMR. Players in the Peruvian feminine hygiene products market are investing bullishly in advertising and marketing campaigns to attract consumers from middle- and low-income households to achieve high-volume sales.

The report also studies the Latin America feminine hygiene products market basis distribution channel. Products are mainly distributed through general and variety stores, dollar stores, cash and carry stores and warehouse clubs, drug stores and beauty stores, convenience stores, and supermarkets and hypermarkets. Of these, sales of feminine hygiene products through drug and beauty stores as well as supermarkets and hypermarkets is the highest. No major disruption in distribution channels is expected in the region until 2020, says TMR in its report.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Value of Baby Diapers Market in Asia Pacific, Middle East, Latin America, and South Africa to Expand at 7.60% CAGR between 2015 and 2021

Transparency Market Research, in a report titled “Baby Diapers Market - Asia Pacific, Middle East, Latin America and South Africa Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, states that the Asia Pacific, Middle East, Latin America, and South Africa baby diapers market is projected to rise from a value of US$20.7 bn in 2014 to US$34.8 bn in 2021 at a healthy CAGR of 7.60%. In terms of volume, this market is forecast to grow from 3.2 bn units in 2014 to 5.9 bn units in 2021 at an 8.80% CAGR from 2015 to 2021.

The Asia Pacific, Middle East, Latin America, and South Africa baby diapers market is primarily driven by the high birth rate and declining infant mortality rate in the region. In addition, the introduction of biodegradable diapers, rise in disposable income, and rapid urbanization are also noted to have a positive impact on the baby diapers market. Availability of cheap labor and widening limits of foreign direct investments in emerging economies such as India are projected to greatly benefit the baby diapers market in the near future.

Based on product type, the Asia Pacific, Middle East, Latin America, and South Africa baby diapers market comprises four key segments: disposable diapers, cloth diapers, swim pants, and training nappies. Owing to their ease of handling and the hectic lifestyles of the global population, disposable diapers held the most prominent share in the overall baby diapers market in 2014. Cloth diapers are rather popular in the Middle East and the market for this segment of diapers in this particular region is anticipated to rise during the forecast period.

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On the basis of geography, the baby diapers market is divided into Latin America, Asia Pacific, the Middle East, and South Africa. In 2014, Asia Pacific emerged as the largest market for baby diapers in terms of both volume and revenue. Rise in disposable income and a large population base are the key factors driving the Asia Pacific baby diapers market. In addition, this market is fueled by the increasing consumer awareness in rural areas and rapid urbanization in countries such as India and Indonesia. Brazil, Iran, and Saudi Arabia are some of the other leading nations that are anticipated to witness strong growth over the next five years owing to medical advancements, declining infant mortality rate, and rising disposable income.

The prominent players competing in the Asia Pacific, Middle East, Latin America, and South Africa baby diapers market include Kimberley-Clark Corporation, Bumkins Finer Baby Products, Inc., Wipro Consumer Care and Lighting Ltd., Kao Corporation, Procter and Gamble Company, Indevco Group, SCA Hygiene, Unicharm Corporation, Johnson and Johnson, and Hengan International Group Company Limited.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

South America Industrial Protective Footwear Market to Reach US$1.3 bn by 2020 owing to Increasing Incidence of Workplace Accidents

Transparency Market Research has published a new report on the South America industrial protective footwear market. As per the report, the South America industrial protective footwear market stood at US$856.7 mn in 2013 and is expected to reach US$1.3 bn by 2020. The report, titled ‘Industrial Protective Footwear Market - South America Industry Analysis, Trend, Size, Share and Forecast 2014 - 2020,’ states that the South America industrial protective footwear market is expected to expand at a 6.50% CAGR from 2014 to 2020 owing to the growing incidence of workplace accidents.

The industrial protective footwear market includes safety footwear that is used for workplace safety across numerous industries such as manufacturing, construction, oil and gas, pharmaceuticals, and chemicals. The increasing incidents of workplace accidents, especially in the construction and oil and gas industries, have increased the demand for industrial protective footwear across South America. Considering the increasing incidents of workplace accidents, regulatory authorities and the governments of many countries have made it compulsory to wear protective gear at the workplace. The South America protective footwear market is predicted to experience robust growth in the years to come owing to the impact of stringent government regulations.

The South America industrial protective footwear market is segmented on the basis of country and application. Based on country, the South America industrial protective footwear market is divided into Peru, Brazil, Chile, Colombia, Venezuela, and Uruguay.

By application, the South America industrial protective footwear market is classified into food, chemicals, oil and gas, transportation, construction, manufacturing, pharmaceuticals, and others. The increasing applications of industrial protective footwear and the advancements in technology used to manufacture workplace protective equipment are predicted to propel the South America industrial protective footwear market. Agriculture is one of the prime segments contributing considerably to the industrial protective footwear market in Brazil. However, the pharmaceuticals segment is expected to increase its contribution in Brazil in the years to come. The manufacturing segment stood at US$21.4 mn in 2013 and is expected to be the largest segment in Colombia in the next few years.

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The application of industrial protective footwear in the others segment accounted for the largest share in Venezuela. In the next few years, the growth of the others application segment is expected to be propelled by the increasing awareness and the rising usage of protective gear. However, the oil and gas application segment is expected to progress swiftly in Venezuela. The construction application segment stood at US$3.6 mn in 2013 and is predicted to register healthy growth throughout the forecast period. The others application segment was valued at 0.044 mn pairs in 2013. In terms of volume in million pairs, the others application segment dominated the industrial protective footwear market in Uruguay.

The pharmaceuticals application segment is predicted to grow swiftly, at a 7.30% CAGR during the period between 2014 and 2020. Some of the major participants in the South America industrial protective footwear market are Jal Group (Italy), Elten GmbH (Germany), VF Corporation (U.S.), Cofra Holdings AG (Switzerland), Honeywell Safety Products (U.S.), and Rock Fall Ltd. (England). Factors such as stringent government regulations and new rules and duties are predicted to act as obstacles for new entrants.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


North America Footwear Market to Reach US$89.7 bn by 2021, Demand for Athletic Footwear Segment to Increase Exponentially

In its latest report, titled “Footwear Market By Type (Athletic footwear and non-athletic footwear) By Gender (Men's Footwear, Women's Footwear) -North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” Transparency Market Research (TMR) studies the growth trajectory of the North America footwear market between 2015 and 2021. It also provides insights into factors that will drive and restrain the footwear market in North America in the coming years.

In the last couple of years, North America has emerged at the forefront of the fashion and sports apparel industry. Not only has easy and uninterrupted internet access bolstered consumer awareness regarding the latest buzz in the fashion scenario, but it has also helped them shop for the products they want with a simple touch of their fingers on their smartphones or tablets. The developed countries in the region such as the U.S. exhibit lucrative prospects for the markets within the fashion and apparel industry, the footwear market being one of them.

According to the report, the North America footwear market, which stood at close to US$80.6 bn in 2014, will reach US$89.7 bn by 2021, exhibiting a slow but steady CAGR of 1.5% during the period.

“Consumers in North America are more inclined towards innovative product designs, which is a key factor leveraged by the enterprises operating in the North America footwear market,” said a lead TMR analyst. “Their urge to remain fit and active has boosted demand for the athletic footwear segment of the market,” he added. At the same time, the non-athletic footwear segment capitalizes on the easy availability of a wide range of footwear online. Other than these, changing fashion trends also influence the market for footwear in North America.

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At present the market for non-athletic footwear is larger in North America compared to the athletic footwear market. However, during the forecast period, the athletic footwear segment is anticipated to demonstrate the fastest CAGR. The athletic footwear segment is further classified into sports (cross training), insert shoes, backpacking boots, and hiking shoes. Likewise, the non-athletic footwear segment includes formal footwear, fashion footwear, and casual footwear.

The U.S. accounted for the largest share in the North America footwear market in 2014. The country is expected to remain undisputed as the market leader during the report’s forecast period. The U.S. has always been an early adopter of the latest fashion trends, which is the primary factor aiding the growth of the footwear market in the nation.

The report provides a holistic blueprint of the footwear market in North America. It studies the prevailing dynamics of the market and the key trends influencing the demand and supply forces. To present a comprehensive overview, companies such as Adidas AG, The Aldo Group Inc., Nike Inc, and Asics Corp are profiled in the report. It includes exhaustive information to help the market players formulate winning strategies.

The nations exhibiting the most lucrative prospects for the footwear market in North America are Mexico, Canada, and the U.S. The countries encompassed within Rest of North America also showcase impressive opportunities for the market.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Friday 24 June 2016

Global Rear Axle Commodity Market to Exhibit 3.7% CAGR due to Rapid Growth of Automotive Industry in Asia Pacific

According to a recent market research report published by Transparency Market Research, the global rear axle commodity market is estimated to expand at a CAGR of 3.7% during the period between 2014 and 2020. The report, titled “Rear Axle Commodity Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” projects the global rear axle commodity market to be worth US$45.9 bn by 2020. The overall market was valued at US$35.8 bn in 2013.

Automotive axles play a pivotal role in the operation of a vehicle as they bear the entire weight of the vehicle and cargo. While live axles provide the torque to the wheels, rear axles ensure the function of driving, steering, and braking of the vehicles. Stringent emission norms implemented by governments across the globe, coupled with the growing demand for fuel-efficient vehicles, are driving the growth of the global rear axle commodity market. The need for safety, comfort, and security in vehicles is further augmenting the growth of the market.

However, the report points out that economic slowdown will affect the automotive sector, thereby negatively impacting the global rear axle commodity market. The overall market has a huge opportunity to grow in the emerging markets during the forecast horizon. The report also analyzes the impact of Porter’s five forces on the growth of the market.

On the basis of product type, the report segments the global rear axle commodity market into dead axle, drive axle, and lift axle. The drive axle segment accounts for a majority share in the market. In terms of application, the report categorizes the market into MUVs, heavy vehicles, luxury vehicles, economy vehicles, executive vehicles, SUVs, and railways. Currently, the economy vehicles segment dominates the overall market.

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The report studies the rear axle commodity market across four key regions: Asia Pacific, Europe, North America, and Rest of the World. Currently, Europe is the leading region in the market. However, during the forecast horizon, the rear axle commodity market in Europe and North America will not witness considerable growth as the automotive industry in these regions has reached maturity. Asia Pacific exhibits lucrative growth opportunities for the market owing to the rapid growth of the automotive sector across the emerging nations in the region. In fact, Asia Pacific is anticipated to be the fastest growing region in the market in the coming years.

Describing the competitive landscape, the report profiles some of the key players in the global rear axle commodity market such as GNA Axles Ltd., ROC Spicer Ltd., American Axle & Manufacturing Holdings Inc., Meritor, Inc., Talbros Engineering Limited, and Daimler Trucks North America LLC. The report provides detailed information about the key players including their business strategies, financial overview, and recent developments. The key players are focusing on manufacturing light-weight rear axle components with higher axle ratios and low power losses to gain competitive edge in the market.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Steady Growth of Personal Protective Equipment Market in Turkey Attributed to Implementation of Government Regulations

The Turkey personal protective equipment market is projected to witness steady growth over the next four years, states Transparency Market Research in a report, titled “Personal Protective Equipment Market - Turkey Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” This 98-page research publication is designed to help clients gain sharp insight into the workings of the personal protective equipment market in Turkey and devise profitable and actionable strategies for the future.

Personal protective equipment includes items such as gloves, helmets, high-visibility clothing, eye protection, harnesses, and safety footwear, and protects users against safety or health risks at the workplace. There are several rules and laws in place regarding the mandatory use of personal protective equipment in many industrial settings to prevent accidents.

The Turkey personal protective equipment market is anticipated to register a 7.2% CAGR from 2014 to 2020, with the value increasing from US$784.6 mn in 2013 to US$1.2 bn by 2020. This growth can be attributed to a number of factors, including growing application in several end-use industries and rising concerns regarding occupational safety. Strict worker safety regulations in place in Turkey have also greatly fueled the demand for personal protective equipment. On the down side, the automation of the production process and the availability of inexpensive and low-quality products threaten to hamper the growth of the personal protective equipment market in Turkey.

The report examines the personal protective equipment market in Turkey based on type, application, and geography.

On the basis of type, the Turkey market for personal protective equipment has been categorized into head protection, protective clothing, professional footwear, hand protection, eye and face protection, hearing protection, respiratory protection, fall protection, and others. In 2013, professional footwear dominated the overall market for personal protective equipment and this segment is anticipated to retain its lead position throughout the forecast period. While the segment of head protection gear also holds a significant share in the personal protective equipment market, the segment of hand protection equipment is projected to expand at the fastest pace from 2014 to 2020 owing to the rising application scope in a number of industries such as manufacturing, chemicals, construction, transportation, and pharmaceuticals.

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Based on application, the personal protective equipment market has been segmented into oil and gas, power and energy, food, transportation, real estate and construction, petrochemicals, manufacturing, pharmaceuticals, and others. Of these, the manufacturing sector held the largest share in 2013 and the petrochemicals sector is expected to be the fastest growing application segment during the forecast period.

By geography, the personal protective equipment market in Turkey is divided into Istanbul and Rest of Turkey. Istanbul accounts for the largest share in the Turkey personal protective equipment market and is likely to continue its lead through 2020 owing to the fact that the city employs a major portion of the total workforce in Turkey. Other cities such as Kayseri, Mersin, and Ankara have also been gaining prominence in recent years owing to increased demand for personal protective equipment.

Rahman Industries Ltd., Avon Rubber p.l.c., Elten GmbH, COFRA Holding AG, 3M Co., Ansell Ltd., JAL Group, Oftenrich Holdings Company Limited, and Honeywell Safety Products are some of the leading companies competing in the Turkey personal protective equipment market. These players have been examined in detail in a section of the report that is solely dedicated to the studying the competitive landscape of the personal protective equipment market in Turkey.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.