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Showing posts from May, 2022

Fitness Equipment Market Expected to Reach $14.8 Billion by 2028

  Increase in concerns over health amid COVID-19 pandemic is driving the market expansion According to a new report published by Allied Market Research, titled, “ Fitness Equipment Market  by Type and End User: Opportunity Analysis and Industry Forecast, 2021–2028,” the Fitness Equipment market was valued at $11.6 billion in 2020, and is projected reach $14.8 billion by 2028, registering a CAGR of 3.3% from 2021 to 2028 Key Findings Of The Study By region, North America dominates in terms of fitness equipment market share and is expected to retain its dominance during the forecast period. By type, the cardiovascular training equipment segment led in terms of market share, and is expected to gain market share in the upcoming years By end user, the home consumer segment accounted for more than 60% share of the fitness equipment market growth in 2020, due to imposition of social distancing and gym closures during the COVID-19 pandemic. However, the health club/gym segment is pois...

Pet care market size is expected to reach $269,497.5 million by 2030

  According to a new report published by Allied Market Research, titled, “ Pet Care Market  by Product Type, Animal Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global pet care market size is expected to reach $269,497.5 million by 2030 at a CAGR of 6.2% from 2021 to 2030. The pet care market is experiencing growth owing to increased pet ownership across the globe due to rise in consumers’ disposable income and increase in awareness regarding the health benefits of having a companion. The major factors driving the growth of the global pet care market include rise in trend of nuclear families, rapid humanization of pets, and increase in awareness about pet health. Surge in pet ownership among the millennials and generation Z along with the rapidly penetrating social media and e-commerce platforms across the globe significantly boosts the pet care market growth. The outbreak of the COVID-19 pandemic has positively affected th...

Party Supplies Market is booming Globally with Top key players

  According to a new report published by Allied Market Research, titled, “Party Supplies Market by Product Type, Application, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,” The global party supplies market size was valued at $12.7 billion in 2019, and is projected to reach $20.3 billion by 2027, registering a CAGR of 8.8% from 2021 to 2027. The key players operating in the global party supplies industry include Party City, Unique Industries, Martha Stewart, American Greetings, Pioneer Worldwide, Hallmark, Shutterfly, Artisano Designs, Chinet, and Oriental Trading Company. Ask for sample copy of this report >>>  https://www.alliedmarketresearch.com/request-sample/6870 Party supplies are materials that are required for a party or event. They include various decorative materials such as balloon, games, pinatas, tableware, banners, and others. The party supplies market is experiencing an exponential growth due to emerging fashion and tre...

Coffee Maker Market is Expected to Reach $5.1 Billion by 2027—Allied Market Research

  According to a new report published by Allied Market Research, titled, “Coffee Maker Market by Type, End Use and Sales Channel: Opportunity Analysis and Industry Forecast, 2021–2027,” The global coffee maker market size was valued at $3.8 billion in 2019, and is anticipated to reach $5.1 billion by 2027, with a CAGR of 6.30% during the forecast period 2021 to 2027. The market is expected to exhibit an incremental revenue opportunity of $1,370.82 million from 2019 to 2027. The market for coffee maker comprises drip, steam, capsule, and other coffee machine. The coffee industry has been evolving in terms of innovations, new launches, and demand. Manufacturers are focusing on key innovations that cater to the requirements of the large consumer base. Furthermore, increase in awareness toward health benefits such as reduced risk of type 2 diabetes, liver cancer and liver diseases, and protection against heart failure is expected to result in high consumption of coffee. Thus, this has ...

Sports Sunglasses Market Expected to Reach $3.4 Billion by 2027

  According to a new report published by Allied Market Research, titled, Sports Sunglasses Market Analysis by Type, Gender, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” the global sports sunglasses market size was valued at $3.1 billion in 2019, and is projected to reach $3.4 billion by 2027, registering a CAGR of $6.8% from 2021 to 2027. Sports sunglasses are lenses made up of polycarbonate materials that are durable, sturdy, and safe for the eyes during the physical activity owing to which it is used in sports. The sports sunglasses are coated with UV blockers and ultraviolet B rays, which allows prevention from harmful UV rays. Sports sunglasses are differently shaped and designed as compared to regular sunglasses so that they can provide full protection to the eyes of sportsmen. Moreover, sports sunglasses are more impact-resistant as compared to traditional glass lenses made up of glass or plastic due to which it is used in swimming,...

Culinary Tourism Market Expected to reach $1,796.5 billion by 2027

  According to a new report published by Allied Market Research, titled, “Culinary Tourism Market by Activity Type, Age Group, Mode of Booking: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the culinary tourism market size was valued at $1,116.7 billion in 2019 and is expected to grow at a CAGR of 16.8% from 2020 to 2027 to reach the market size of $1,796.5 billion in 2027. The food festival segment was the highest contributor to the market, with $338.6 billion in 2019, and is estimated to reach $560.3 billion by 2027, at a CAGR of 17.2% during the forecast period. The key players profiled in the report include Abercrombie & Kent USA, Classic Journeys, G Adventures, Greaves Travel, India Food Tour, ITC Travel Group Limited, The FTC4Lobe Group, The Travel Corporation, Topdeck Travel, and Tour Radar. Culinary tourism involves exploration or travel to remote exotic areas and indulge in consumption of various dishes and local food items to get a feel of the locatio...

Smoking Accessories Market Expected to Reach $6.3 Billion by 2030—Allied Market Research

  The smoking accessories market is expected to witness significant growth, owing to increase in attraction of youth toward smoking. Moreover, water pipes have become centerpieces of cafĂ©s and restaurants, especially in countries such as South Africa, China, India, and the U.S. Rise in income levels and urbanization is also a key driver for growth of the smoking accessories market. Furthermore, increase in aggressive advertisements and promotions through social media platforms by manufacturers plays a crucial role in growth of the smoking accessories market.  Roshan Deshmukh – Manager Consumer Goods at Allied Market Research   According to a new report published by Allied Market Research, titled, “ Smoking Accessories Market ,” The smoking accessories market was valued at $3.1 billion in 2020, and is estimated to reach $6.3 billion by 2030, growing at a CAGR of 6.5% from 2021 to 2030. Online retail platform is the major driver of the smoking accessories market. Prese...

Vending Machine Market is expected to witness substantial growth of 6.7% CAGR during 2021-2027

  The global  vending machine market  size was valued at $18.28 billion in 2019 and is anticipated to reach $25.25 billion by 2027, with a CAGR of 6.7% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $6.97 billion from 2021 to 2027. The electronically run machines are coin or swipe card operated and provide different products such as beverages, snacks, cigarettes, and others. The beverages vending machine holds the core business for the vending machine. Beverages vending machines offer different types of hot & cold beverages and water. The significant growth of the food & beverages industry is a critical factor that stimulates the global beverages vending machine market. The beverages vending machine is capable of providing products at any time while acquiring less space. THE KEY PLAYERS PROFILED IN THIS REPORT INCLUDE SANDENVENDO AMERICA, INC., CRANE MERCHANDISING SYSTEMS, AZKOYEN GROUP, FUJI ELECTRIC CO., LTD, ...

Athleisure Market global industry analysis, share, statistics, trends, opportunities and forecasts by 2021-2026

  According to a new report published by Allied Market Research titled, “ Athleisure Market  by Product Type, Gender, and Distribution Channel Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global Athleisure market size was valued at $155.2 billion in 2018, and is projected to reach $257.1 billion by 2026, growing at a CAGR of 6.7% from 2019 to 2026. In 2018, North America accounted for nearly 38.4% share of the athleisure market. Athleisure refers to a type of casual clothing designed to be worn for exercise and general use. The most common athleisure outfits are leggings, yoga pants, sweatpants, gym tanks, sports bras, hoodies, tights, shorts, sneakers, and others. These type of products have been gaining higher traction among customers who adopt a healthy lifestyle and at the same time seek for comfort and flexibility in wearing clothes or shoes. Millennials are the key target customers in the global athleisure market growth. Ask for sample copy of this ...

Organic Personal Care and Cosmetic Products Market Expected to Reach $58,615.6 Million by 2031

   According to a new report published by Allied Market Research, titled, “ Organic Personal Care and Cosmetic Products Market  by Product Type, Consumer, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022–2031,” the global organic personal care and cosmetic products market size is expected to reach $58,615.6 million by 2031 at a CAGR of 5.3% from 2022 to 2031. Globally, consciousness regarding enhancement of the overall personality has increased significantly among individuals. Increase in disposable income has enabled individuals to spend on personal care products than they had in the past. Therefore, personal care products have witnessed significant demand globally. Even now, owing to the lack of awareness regarding health risk associated with synthetic/chemical-based personal care products, the demand for organics cosmetics products was limited. Most of the consumers inclined towards organic personal care and cosmetics to reduce health r...

Footwear Market is projected to reach $530.3 billion by 2027, registering a CAGR of 5.5% from 2020 to 2027

  According to a new report published by Allied Market Research, titled, “ Footwear Market  by Type, Material, End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020 – 2027,” the global footwear market size was valued at $365.5 billion in 2020, and is projected to reach $530.3 billion by 2027, registering a CAGR of 5.5% from 2020 to 2027. Growing health and fitness awareness among people is boosting the growth of footwear market. Moreover, rise in trend of fitness exercises such as Zumba (a dance form) and Yoga (exercise activity) is generating huge demand for sports shoes among individuals. Rise in number of sport lovers and fan followers of sports such as football, basket balls, and hockey is further creating higher demand for cleats and shoes required for respective sports. In addition, upcoming Summer Olympic Games in 2020 in Tokyo is anticipated to create lucrative opportunities for market players to launch new products and endorse thei...

Armenia Consumer Goods Market Estimated to Record Highest CAGR by 2026

   According to a new report published by Allied Market Research, titled, “ Armenia Consumer Goods Market  by Product Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019-2026”, the Armenia consumer goods market size was valued at $1,734.5 million in 2018 and is projected to reach $ 2,519 million by 2026, growing at a CAGR of 4.7% from 2019 to 2026. The food & beverages segment was the highest contributor in the FMCG market and kitchen appliances segment was the highest contributor in the consumer goods market share in 2018. The key players in the Armenia consumer goods industry include Procter & Gamble Company, The Coca-Cola Company, PepsiCo, Inc., NestlĂ© S.A., Samsung Electronics Co., Ltd., LG Electronics Inc., Haier Group Corporation, Panasonic Corporation, Electrolux AB, and Koninklijke Philips N.V. Ask for sample copy of this report :-  https://www.alliedmarketresearch.com/request-sample/6277 There has been a considerable rise ...

Theme Park Vacation Market Expected to Reach $74.7 Billion by 2026

  According to a new report published by Allied Market Research, titled, “ Theme Park Vacation Market by Type, Age Group, Traveler Type, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026 ,” the global theme park vacation market size was valued at $47.2 billion in 2018, and is projected to reach $74.7 billion by 2026, registering a CAGR of 6.0% from 2019 to 2026. Theme park is as an outdoor attraction, which combines rides, shows, and other relevant activities. Theme parks emphasizes on one central theme around which landscape, shows, architecture, food services, costumed personnel, rides, and retailing are orchestrated. Major shift of consumers toward experiencing thrill, entertainment, and happiness is a key factor that drives the growth of the global theme park vacation market. As a result spending on experiences such as theme park vacation have seen a significant increment in the last few years. Ask for sample copy of this report >>>  ...