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Showing posts from August, 2023

Pet Supplement Market to Grow at 7.3% CAGR through 2021-2027

  “Increase in adoption of pets, awareness regarding the pet food, and concerns about the health of pets are the major driving forces of the global pet supplement market. In addition, upsurge in consumer spending on pet care products such as healthy food, supplements, and grooming products notably contributes toward the growth of the overall market.”   According to a new report published by Allied Market Research, titled, “ Pet Supplement Market  by Pet, Application, Source, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027 ,” The global pet supplement market size was valued at $596.8 million in 2019, and is expected to reach $822.6 million by 2027 at a CAGR of 7.3% from 2021 to 2027.   Pet supplements are processed form of food, which are composite of added nutrients, proteins, and minerals. They improve the health of pets and meet the nutrient and mineral requirements in pets. Blinders, flavoring agents, fillers, and preservatives are ...

U.S. corporate event market size is expected to reach $510.9 billion by 2030

  tourism industry players focus on five key areas. These include encouraging high-quality tourism experiences, including indigenous tourism, limiting regulatory burden on industry, undertaking marketing campaigns, and working with industry to support the development of tourism infrastructure to drive the demand. quote According to a new report published by Allied Market Research, titled, “ U.S. corporate event market   by event type and industry: global opportunity analysis and industry forecast, 2021–2030,” the U.S. corporate event market size is expected to reach $510.9 billion by 2030 at a CAGR of 17.3% from 2021 to 2030.   The U.S. corporate event market generated revenue of $95.3 billion in 2020, and is expected to grow at a CAGR of 17.3% to reach $510.9 billion by 2030. Giant corporate companies organize various events to create strategies, celebrate success, or make new international standards. Their event managers either arrange for an event by themselves or pref...

Foot Care Products Market is Valued at $4.59 billion as of 2027

   According to a new report published by Allied Market Research, titled, “ Foot Care Products Market  by Product, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global foot care products market size was valued at $2.92 billion in 2019, and is anticipated to reach $4.59 billion by 2027, with a CAGR of 7.10% during the forecast period from 2021 to 2027. Foot care products are largely used as over-the-counter skin nourishing cosmetic among people involved in outdoor & indoor activities.   Foot care products help to recover skin from damage and infections, as these products consists of antioxidants, vitamins, and other soothing ingredients. The organic foot care products include ingredients such as essential oils.   Consumers are actively seeking for more advanced and multifunctional skin care solutions for their daily skin care routines. This has resulted in introduction of novel multifunctional foot ca...

Travel Retail Market Generating Revenue of $145.0 billion by 2028

  According to a new report published by Allied Market Research, titled, “ Travel Retail Market   by Product and Channel: Global Opportunity Analysis and Industry Forecast, 2018 – 2025″,the global travel retail market size was valued at $74.9 billion in 2017, and is projected to reach $153.7 billion by 2025, growing at a CAGR of 9.6% from 2018 to 2025. Perfumes & cosmetics segment has a strong customer base in the global travel retail market. Some of the leading companies, such as Estee Lauder, LOral, Rituals Cosmetics, Revlon, and others, are expanding their businesses by opening their outlets at every international airport with an exclusive and a wide range of fragrances and skin care products.   Retailers at travel retail stores are yet to catch-up with the innovations happening outside of their world. Nevertheless, Covid-19 will certainly accelerate transformation of travel retailers especially in contactless payments, loyalty programs, and digitization . This is ...

CAGR of 4.6% Propels the Beach Hotels Market: Anticipated to Achieve $215,404.3 Million by 2031

  According to a new report published by Allied Market Research, titled, “ Beach Hotels Market  by Type, Service Type, and Occupants: Global Opportunity Analysis and Industry Forecast, 2022–2031” the global beach hotels market size was valued at $121,202.6 million in 2021, and is projected to reach $215,404.3 million by 2031, registering a CAGR of 4.6% from 2022 to 2031. In 2020, the standard segment accounted for approximately 50% of the global market in terms of value.   Beach hotels are hotels that are positioned on or near the seashore or are sea-facing. The substantial boom in the travel and tourism sector, inclination of travelers toward peaceful areas, rise in purchasing power of people, and different discounts offered on online booking have fostered the beach hotels market opportunities for growth.   Leisure tourism, commercial tourism, medical tourism, and other types of tourism are all included in travel and tourism. Changes in lifestyle, increase in touris...

Wearable Technology Market Surges Forward at a Remarkable 12.8% CAGR

  According to a new report published by Allied Market Research, titled, “ Wearable Technology Market ," by Product Type, Application and Devices: Global Opportunity Analysis and Industry Forecast, 2022-2031," the Wearable Technology Market size was valued at at $54,841.40 million in 2020, and is estimated to reach $184,403.60 million by 2031, growing at a CAGR of 12.8% from 2022 to 2031. North America is expected to be the leading contributor to the global wearable technology market, followed by Europe and Asia-Pacific.   The growth of the global wearable technology market is driven by convenient usage of wearables and entry of various smartphone manufacturers. In addition, rise in health concerns among consumers fuels the adoption of wearable devices, which enable them to provide real-time information on their overall health. Multiple benefits offered by these devices, such as GPS tracking, heart monitoring, and notification alert further supplement the wearable devices mar...

Fitness Equipment Market is projected to reach $15.4 billion by 2028

  Increase in concerns over health amid COVID-19 pandemic is driving the market expansion, however, the industry is facing significant challenges due to high cost of fitness equipment.   According to a new report published by Allied Market Research, titled, " Fitness Equipment Market  by Type, End User, and Price Point: Global Opportunity Analysis and Industry Forecast, 2021-2028," The global fitness equipment market was valued at $13.2 billion in 2020, and is projected to reach $15.4 billion by 2028, registering a CAGR of 0.3% from 2021 to 2028.   The global fitness equipment market size was $13.2 billion in 2020, and is projected reach $15.4 billion by 2028, registering a CAGR of 0.3% from 2021 to 2028.   Request For Sample :-  https://www.alliedmarketresearch.com/request-sample/644   Fitness equipment are widely used for physical fitness, weight management, and improving body stamina & muscular strength. The commonly used fitness equipment are t...

Furniture Market Projected to Experience Revenue Boost to Cross $ 8,77,438.20 million

    Global demand for furniture is expected to increase, owing to rapid urbanization and high purchasing power of millennial generation. The residential segment dominates the market, owing to growing phase of infrastructure and the real estate market. Moreover, advance technology of manufacturing has lowered the cost and time for manufacturing. However, manufacturers believe that rise in raw material prices would have a long-term impact on the market and hamper growth of market during the forecast period   According to a new report published by Allied Market Research, titled, “global   furniture market   by type, distribution channel, and region: global opportunity analysis and industry forecast, 2020–2031,” the global furniture market size was valued at $ 5,56,367.80 million in 2020, and is projected to reach $ 8,77,438.20 million by 2031, registering a CAGR of 3.8% from 2022 to 2031. Furniture are objects used to support various human activities such as seatin...

FMCG Market Poised for Exponential Growth, projected to Reach $18,939.4 billion

  According to a new report published by Allied Market Research, titled,” Global  FMCG Market  by Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global FMCG market size was valued at $10,020.0 billion in 2017 and is projected to reach $ 15,361.8 billion by 2025, registering a CAGR of 5.4% from 2018 to 2025.   Ask for sample copy of this report @:  https://www.alliedmarketresearch.com/request-sample/5148   Fast moving consumer goods (FMCG) is the largest combination of consumer goods with different product categories that include home, health, and personal care and food & drinks including its marketing, production, and distribution. The personal care segment is anticipated to witness substantial growth owing to the rise in disposable income of consumers, thus enabling them to spend considerable amount on luxury personal care products.   Other factors such as surge in trend of online shopping, R&D for ...

Liquid Laundry Detergent Market Latest Trending Report Is Booming Worldwide

  Liquid detergent market growth is driven by rise in per capita income, increase rapid urbanization, improvement in living standard, and changes in consumer lifestyle. Moreover, surge in need for comfort in household chores and increase in penetration of washing machines & dishwashers boost the market growth. In addition, inclination of consumers toward eco-friendly & natural liquid detergents augments the market expansion. According to a new report published by Allied Market Research titled,"Liquid Detergent Market, by Nature, Application, Sales Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global liquid detergent market was valued at $27,405 million in 2017, and is projected to reach $40,482 million by 2025, growing at a CAGR of 5.2% from 2018 to 2025. In 2017, the U.S. liquid detergent market accounted for about one-fourth of the global liquid detergent market. Ask for sample copy of this report >>>  https://ww...

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

  the surge in adoption of organic products in developed regions of North America and Europe has significant contribution towards the growth of the  organic personal care and cosmetic products market . Moreover, the rise in women participation in the corporate industry in the developing nations is expected to drive the demand for the organic cosmetic products as women tend to use it on daily basis. Furthermore, the availability of abundant organic raw materials in the developing regions of Asia-Pacific is expected to boost production and drive the global organic personal care and cosmetic products market growth in the foreseeable future.   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 m...