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Showing posts from June, 2023

UK and Ireland Virtual Event Market is estimated to reach $36.18 billion by 2027

   As per the report published by Allied Market Research, the UK and Ireland virtual event market was accounted for $3.14 billion in 2019, and is estimated to reach $36.18 billion by 2027, growing at a CAGR of 13.3% from 2021 to 2027.   Rise in trend of work from home, surge in sponsorship for virtual events, low operational cost in organizing virtual events, and the globalization of businesses drive the growth of the UK and Ireland virtual event market. However, lack of awareness regarding technology hinders the market growth. On the contrary, technological advancements in the virtual event industry are expected to open lucrative opportunities for the market players in the future.   Get detailed COVID-19 impact analysis on the UK and Ireland virtual event Market@  https://www.alliedmarketresearch.com/request-for-customization/11518?reqfor=covid   Covid-19 scenario: The Covid-19 pandemic favored the demand for virtual events as people are restricted to thei...

Virtual Events Industry Market is Likely to Expand at CAGR of 13%

   According to the CXOs, rapid development of the events in sports, gaming, and entertainment sectors over the past decade and increase in use of technology such as Internet of Things (IOT) and artificial intelligence to streamline the events from start to end are the prime factors that drive the market growth. The CXOs further added that virtual events such as webinar, video conferencing, and music events that allow information sharing in real time further fuels the market growth.   According to a new report published by Allied Market Research, titled, “ Virtual Events Industry Market ," The virtual  events industry market  was valued at $306.3 billion in 2021, and is estimated to reach $1024.8 billion by 2031, growing at a CAGR of 13% from 2022 to 2031.   Request For Sample :-  https://www.alliedmarketresearch.com/request-sample/6961   Virtual events are digitally simulated proceedings such as meetings and conferences using web-based platforms ...

Aroma Ingredients Market to Reach $16.25 Bn, Globally, By 2026 at 4.6% CAGR

  As per the report, the global  aroma ingredients market  was pegged at $11.39 billion in 2018 and is projected to garner $16.25 billion by 2026, registering a CAGR of 4.6% during the forecast period.The report offers a detailed analysis of drivers & opportunities, market size & estimations, top winning strategies, key segments, and competitive scenario.   Increase in demand for consumer care and personal care products and rise in consumer inclination toward therapeutic uses of aroma ingredients have propelled the growth of the global aroma ingredients industry. However, strict government regulation related to use of aroma ingredients, high price & short shelf life of natural aroma ingredients, and harmful effects of synthetic aroma ingredients impede the global aroma ingredients market growth. On the other hand, product innovation by the perfumery industry and cosmetic manufacturers and increase in consumer preference for natural and bio-based aroma ing...

Photography Services Market to Reach $56.0 Billion, Globally, by 2032 at 5.7% CAGR

   Allied Market Research published a report, titled,  " Photography Services Market  By Type of Photography (Commercial Photography, Consumer Photography), By End User (Individual, Commercial): Global Opportunity Analysis and Industry Forecast, 2023-2032".  According to the report, the global photography services industry was valued at  $32.6 billion  in 2022, and is projected to reach  $56 billion  by 2032, growing at a CAGR of 5.7% from 2023 to 2032. Download Report Sample PDF:  https://www.alliedmarketresearch.com/request-sample/74909   Prime determinants of growth The photographic services market is projected to be fueled by increased demand for high-quality visual content. The increased demand for high-quality visual content has undoubtedly had a major impact on the photographic services market. With the rise of social media, online advertising and e-commerce, businesses and individuals increasingly need high-quality visual co...

Pool Tables Market is set to hit a worth of $291.6 million at a CAGR of 5.4%

   According to a new report published by Allied Market Research, titled, “Pool Tables Market by Type, Material, End Use and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2028,” the pool tables market size is expected to reach $291.6 million by 2028 at a CAGR of 5.4% from 2021 to 2028. Pool is similar to games such as billiards and snooker. It is a cue sport played on a table with six pockets. It requires ball and table to play. Pool is commonly referred to as “billiards” in most parts of the world, similar to how “bowling” is commonly used to refer to the sport of ten-pin bowling. There are also hybrid games that combine pool and carom billiards elements, such as American four-ball billiards, bottle pool, cowboy pool, and English billiards.   A pool table may be a bounded rectangular table used for cue sports. Within the era, all pool tables, whether for carom, billiards, pool, pyramid, or snooker, have a flat surface made from quarried sl...

Pet Furniture Market Established Key players Will Try to Generate New Growth

  According to a new report published by Allied Market Research titled, “Pet Furniture Market By Product Type, Pet Type, And Distribution Channel: Opportunities and Forecasts, 2021-2027,” the global pet furniture market size was valued at $3,443.4 million in 2019, and is projected to reach $5,139.4 million by 2027, growing at a CAGR of 6.5% from 2021 to 2027. In 2019, North America accounted for the largest share of around 38.6% due to rise in health hygiene expenditure of pet animals, and well-established health care facilities for pets in this region. . However, emerging countries in Asia, such as China and India, would witness increase in demand for pet furniture during the forecast period, owing to increase in awareness for comfort towards pets, rise in number of employed households, and growth in disposable income.   Growth in value sales for pet furniture industry is attributable to surge in demand for innovative products Beds & Sofa’s category, which facilitate bett...

Europe Pilates & Yoga Studios Market to Generate $71.15 Billion by 2030

  According to the report published by Allied Market Research, the  Europe Pilates & yoga studios market  generated $15.38 billion in 2020, and is estimated to generate $71.15 billion by 2030, witnessing a CAGR of 13.0% from 2021 to 2030. The report offers a detailed analysis of changing market trends, value chain, top segments, key investment pockets, regional scenarios, and competitive landscape.   Rise in health awareness, increase in obese population, increase in need for an active and healthy lifestyle, and surge in number of fitness enthusiasts drive Europe Pilates& yoga studios market. However, availability of other options such as multi-specialty gyms, fitness facilities, and therapy classes impede market growth. On the contrary, rise in disposable income and promotion of yoga for male participants present new opportunities in the next few years.   Get detailed COVID-19 impact analysis on the Europe Pilates & Yoga Studios Market:  h...

Industrial Oven Market is Expected to Reach $15.96 Billion by 2031

  According to the report published by Allied Market Research, the global  industrial oven market  was estimated at $9.42 billion in 2020 and is expected to hit $15.96 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends. Rapid industrialization, particularly in the emerging economies of the world, drives the growth of the global industrial oven market. On the other hand, initial high cost and limited awareness among manufacturers regarding the requirement of industrial oven over furnaces impede the growth to some extent. However, rapid construction activities, increased automotive production, and high usage of drying &infrared firing oven for the manufacturing of very high-efficiency solar cells are anticipated to pave the way for new opportunities in the...

Ergometer Market Expected to Reach $ 2,302.9 Million by 2030

  According to a new report published by Allied Market Research, titled, “Ergometer Market by Type, End user and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030,” The global ergometer market size is expected to reach $2,302.9 million by 2030 at a CAGR of 7.2% from 2021 to 2030. In recent years, there has been a trend to track physical activity and its results in real time. The treadmill market has witnessed significant growth due to increase in number of people from all over the world going to gyms and health centers to stay healthy and active. Key players in the market are trying to consolidate their position by introducing high-tech products and establishing partnerships with well-known local fitness brands, which is expected to drive the market growth. In addition, increase in adoption of health and fitness as a way of life is expected to increase the demand for smart and wearable devices. These devices help effectively measure ground reaction forces ...

U.S. Book Light Market to See Exponential Growth, Expected to Reach $288.1 million by 2031

  According to a new report published by Allied Market Research, titled, “ U.S. Book Light Market  by Product Type, Category, and Distribution Channel: U.S. Opportunity Analysis and Industry Forecast, 2022–2031,”  the U.S. book light market size is expected to reach $288.1 million by 2031 at a CAGR of 8.9% from 2022 to 2031.   Book lights provide comfort to the eyes by providing direct and focused illumination onto the pages of a book and prevent fatigue & strain on the eyes. The book light is one of the common devices used by book readers who usually prefer to read books before bed. The surge in preference of people to read books for gaining knowledge, learning, entertainment, and discovering information coupled with the presence of a significant number of bibliophiles are the major factors behind the growing U.S. book light market demand. It is estimated that over 153 million book readers were there in the U.S. in 2021. According to the survey conducted by...

Bleisure Travel Market to Reach $731.4 Billion, Globally, by 2032 at 8.9% CAGR

  Allied Market Research published a report, titled,  “ Bleisure  Travel Market  by Employee (Executives, Middle Management, and Entry level Employee), by Age Group (Millennial, Generation X and Others), by Industries (Government and Corporate): Global Opportunity Analysis and Industry Forecast, 2022-2032.” According to the report, the global bleisure travel industry was estimated at $315.3 billion in 2022, and is anticipated to hit $731.4 billion by 2032, registering a CAGR of 8.9% from 2023 to 2032.    Download Free PDF Sample  :   https://www.alliedmarketresearch.com/request-sample/6722       Drivers,  R estraints, and  O pportunities-   The global bleisure travel market is growing due to several factors, such as a rise in demand for work-life balance, digital transformation in the travel industry, and an increase in the number of affordable hospitality services. On the other hand, additional expenditure on tr...