Latest Market Study Reports: February 2021

Friday, February 26, 2021

Wrapping Tissue Market Distributor Analysis Report by 2025

The global wrapping tissue market is estimated to reach USD 1.59 billion, by 2025, and is projected to grow at a CAGR of 4.0% from 2019 to 2025. The growing emphasis of resellers and manufacturers for packaging along with the rising e-commerce sector is expected to increase the demand for the product in the next few years. The product used in the process of origami arts. Kite making, and packaging applications.

In addition, the increasing consumer preference towards crafts and arts is complementing the market growth. Facebook, Instagram and other digital platforms are increasing the growth of the origami arts for gift wrapping. Moreover, the rapidly growing fast-food chains are also increasing product demand. Food chains are much unorganized and work with minimal resources. To reduce the overall cost, the operators favor the wrapping tissues for product packaging.

Get Free PDF Sample Copy of the Report (Including Full TOC, List of Tables & Figures, Chart and Covid-19 Impact Analysis) : https://www.millioninsights.com/industry-reports/global-wrapping-tissue-market/request-sample

North America dominated the market with the largest share. Asia Pacific region is anticipated to grow at the fastest rate of CAGR from 2019 to 2025. The increasing populations and growing manufacturing sector especially across countries such as India, and China are boosting the market growth. The non-recyclable properties product may impact the market growth. These products are designed with added coatings which are hard to decompose. According to the research, in the U.S., over 165 billion packed products are shipped per year, thus there is a high wastage of a tissue in the load-carrying process. The key players focus on new product development to remain competitive in the market.

Further key findings from the report suggest:

• The virgin pulp type of product is estimated to account for the largest market revenue in the wrapping tissue market by the end of 2025.

• Based on the application, commercial segment held the higher market share of over 60.0% in the overall market.

• Offline channel segment is expected to dominate the market during the forecasted period. Online channel is anticipated to grow at the highest CAGR from 2019 to 2025.

Global Wrapping Tissue Market: Key Players

Virgin Pulp; Twin Rivers Paper Company; MPI Papermills, Inc.; Papers LLP, Seaman paper company, and NASHVILLE WRAPS.

Know More Insights @ https://newsonmarketblog.wordpress.com

Two Wheeler Hub Motor Market Consumption and Revenue Forecast by Regions 2027

The global two wheeler hub motor market is projected to attain USD 16.9 billion by the end 2027. The market is anticipated to expand at a CAGR of 9.7% throughout the forecast period, 2020 to 2027. Rising demand for electric vehicles owing to rising concerns for environment and global warming is projected to boost the market growth. Moreover, advantages such as high performance, cost-effectiveness, and easy installation are projected to fuel the demand for two-wheeler hub motors over the forecast period.

Furthermore, various government are taking initiatives to encourage people to use electric vehicles in order to reduce their carbon footprints are anticipated to drive the market. For instance, government is such as China, U.S., and India are giving subsidies to increase the penetration of electric vehicles. Moreover, OEMs are launching electric vehicles with high power to cater to rising demand for zero-emission vehicles which thereby projected to fuel the market growth.

The segment of electric bike accounted for the largest market share of USD 4.5 billion in 2019 owing to factors like high torque, high speed and power, and extended range. In addition, these motors offer better handling of vehicles owing to their lightweight feature. All these factors are anticipated to drive the segment’s growth over the forecast period.

In 2019, the segment of geared hum motor held the largest market share of more than 79% and is anticipated to maintain its leading position from 2020 to 2027 owing to its easy-controllable feature. On the other hand, the segment of gearless hub motor is anticipated to grow at a CAGR of 8.4% from 2020 to 2027. This growth is attributed to factors such as high torque and power provided by these motors.

Key players are continuously engaged in taking strategic initiatives such as M&A, joint ventures, new product development, and strategic partnerships to retain their market share.

Further key findings from the report suggest:

• The segment of electric bike accounted for the largest market share of USD 4.5 billion in 2019.

• The segment of rear hub motor attained the largest revenue share of USD 7.5 billion in 2019 across the global two wheeler hub motor market.

• The segment of gearless hub motor is anticipated to grow at a CAGR of 8.4% from 2020 to 2027 owing to factors such as high torque and power provided by these motors.

• The segment of (1-3) kW power output is projected to attain the fastest CAGR of 10.6% from 2020 to 2027 whereas the segment of hub motors with power output less than 1kW held the dominant market share of USD 4.6 billion in 2019 across the global market.

• In 2019, the market for two-wheeler hub motors in Asia Pacific accounted for the largest revenue share of USD 4.7 billion.

Global Two Wheeler Hub Motor Market: Key Players

MAC SHANGHAI ELECTRIC MOTOR COMPANY LTD, S MOTOR, TDCM, Heinzmann GmbH and Co. KG., NTN Corporation, Robert Bosch GmbH, Elaphe Propulsion Technologies Ltd., and Schaeffler Technologies AG and Co. KG.

Know More Insights @ https://newsonmarketblog.wordpress.com

Sourdough Market Competition by Manufacturers 2025

The global sourdough market size is anticipated to touch USD 3.5 billion by 2025. The market is estimated to ascend at a CAGR of 5.7% and is likely to see huge demand for bread over the next few years.

The bread segment held the largest market share and it is expected to continue its dominance over the forecast period. Factors such as nutritional values and the introduction of new flavors in the bread are bolstering the segment growth across the globe with European countries being the major consumers. The growing popularity of artisan bread in countries such as Germany and U.K is estimated to propel the market growth from 2019 to 2025.

Growing demand for products that are gluten-free is attributing to the market growth. Health benefits are the major factors driving the demand for these products. The sourdough product eliminates the need for chemical and preservatives, thereby, attracts health-conscious consumers.

Rising demand for artisan bakery across the world is positively affecting sourdough market growth. Asian countries such as China, Japan and India are among leading consumers of such products. Factors such as out-of-dining culture and the growing popularity of coffee are aiding to the market growth.

Asia Pacific is estimated to ascend with a significant CAGR over the forecast period. For manufacturers, the region offers a lucrative opportunity as raw materials are readily available in Asia Pacific. Further, changing consumers’ preferences are positively affecting the players operating in the region.

Further key findings from the report suggest:

• Among different types, type III accounted for USD 1.1 billion of revenue in 2018. Further, the segment is projected to maintain its dominance by reclaiming 46.8% of the market share by 2025.

• By application, the pizza segment is anticipated to grow at a CAGR of 6.5% over the forecast duration.

• Europe accounted for 30.4% of the market share in 2018 owing to growing demand in countries such as U.K, Germany, Netherlands and France.

• The market is characterized by high competition among several key players.

COVID-19 Impact Insights

Owing to the closure of food outlets, the demand for various food ingredients including sourdough has dipped significantly. Sourdough is mostly used in the production of cookies, pizza, breads and cakes. Following the imposition of strict lockdown measures, bakery pizza stores were forced to shut down their operations, thereby, adversely affecting the demand for sourdough. Moreover, public places such as malls, stadia and parks remained closed in the most part of the world, which led to considerably low demand for this food ingredient.

Despite the reopening of various places and economic operations, places for public gathering remained close. Further, consumers, out of safety concern, are refraining from visiting these places and dining outside. Take home services have also taken a hit. Therefore, the demand for sourdough will remain meagre unless the situation improves and the virus effects nullify.

Global Sourdough Market: Key Players

Riverside Sourdough, Puratos, Truckee Sourdough Company, Alpha Baking Co. Inc., Morabito Baking Co. Inc., Truckee Sourdough Company, Gold Coast Bakeries and Boudin SF

Know More Insights @ https://newsonmarketblog.wordpress.com

Internal Combustion Engine Market Segments by Application 2025

The global internal combustion engine (ICE) market demand is projected to touch 229,439 thousand units by the end of 2025. The market is anticipated to ascend at a CAGR of 4.9% over the forecast duration, 2018 to 2025. Growing focus on fuel efficiency has resulted in turbo charging and downsizing of engines, which, in turn, is augmenting the market growth. Further, the introduction of advanced models such as homogeneous charge compression ignition (HCCI) is anticipated to bolster the demand for ICE vehicles in the near future.

Electric vehicles have witnessed significant growth over the past few years. The rise in penetration of electrical vehicles poses a threat to the IC engine. Further, different countries such as India, U.K, Netherlands and others are planning to impose a ban on the sales of IC engine vehicles by 2025. Such factors are projected to considerably lower the demand for ICE vehicles in the near future.

Asia Pacific accounted for the largest market share in 2017 and the region is expected to grow considerably over the forecast period. North America also likely to account for the significant growth owing to the rise in sales in vehicles in the region, especially in the U.S.

Among different end-use, the automotive segment held the largest market share by volume in 2017. Automotive was followed by marine and aircraft. Automotive segment alone held over 65% of the market share in 2017. Various factors such as technical advancement, the introduction of low emission vehicles and rising purchasing power of consumers are attributing to the growth of this segment.

Further key findings from the report suggest:

• By fuel, petroleum was the largest segment in 2017 and the segment is anticipated to grow at a CAGR of nearly 5.0% over the forecast period.

• Based on end use segment, the petroleum segment was the largest shareholder in 2017.

• Asia Pacific alone held over 40% of the market share in 2017 on account of rising production of vehicles in 2017.

Global Internal Combustion Engine (ICE) Market: Key Players

Garland Group, Bakers Pride, Bonnet International, Vulcan and True Manufacturing.

Know More Insights @ https://newsonmarketblog.wordpress.com

Commercial Kitchen Appliances Market Share by Application 2027

The global commercial kitchen appliances market size is anticipated to reach USD 131.77 Billion until 2027. It is anticipated to register growth with 6.7% CAGR during the forecasted period, 2020 to 2027. This growth can be attributed to the rising travel and tourism industry coupled with the increasing number of QSRs across the globe.

The product segment of the refrigerator held the largest share of around 40% across the global market due to the rising need for storing and preserving food over a longer duration on account of fluctuating climatic conditions. On the other hand, the combination oven segment is projected to witness the fastest growth with CAGR of 9.2% CAGR in the upcoming years.

The end use segment of QSR dominated the market with around 20% across the globe due to the rising trend of setting up new local and international QSR outlets. Further, the rail, cruise & airways segment is expected to register highest CAGR of 8.1% across the global market in the upcoming years.

In 2019, the North America held the largest share exceeding 30% across the global market due to the rising number of food businesses, hotels and restaurants in countries like the U.S. and Canada. On the other hand, the MEA region is expected to witness highest CAGR of 9.0% in the upcoming years owing to the increasing franchises of fast food coupled with the rising tourism.

The commercial kitchen appliances market includes key players such as Bakers Pride, Bonnet International, Vulcan, Garland Group, and Ali Group. These players are launching various technologically advanced products for gaining a competitive advantage over other players. Moreover, the manufacturers of household kitchen appliances have started entering this market for expanding their product reach and widen their product portfolio.

Further key findings from the report suggest:

• In 2019, the segment of refrigerator dominated the global market with share exceeding 40%.

• The QSR segment held the largest share across the market while the rail, cruise & airways segment is anticipated to register highest CAGR in the upcoming years.

• The Middle East and Africa region is anticipated to register fastest growth with 9.0% CAGR during the forecasted period, 2020 to 2027.

Global Commercial Kitchen Appliances Market: Key Players

Garland Group, Bakers Pride, Bonnet International, Vulcan and True Manufacturing.

Know More Insights @ https://newsonmarketblog.wordpress.com

Thursday, February 25, 2021

Kids Furniture Market Strategies With Forecast 2025

The global kids furniture market is estimated to reach USD 39.96 billion, by the end of 2025, and is projected to grow at a CAGR of 4.48% from 2019 to 2025. Growing trend of building houses that comprise of separate room for kids is supporting the market growth. Moreover, growing demand for easy to assemble, compact, and theme-based kids furniture is expected to foster market growth.

Online retailers also focus on producing kids furniture with attractive designs. In developing countries, growing real estate industry is impacting on the size and dimension of rooms. Kids furniture are available in easy to assemble and foldable designs. Various manufacturers are focusing on developing easy-to-assemble chairs, beds, and sofas for children. For instance, IKEA a leading furniture company is engaged in marketing campaigns to promote its new products. All these key factors are projected to proliferate the demand for the product.

Leading companies also focus on developing customized furniture for kids to target a large consumer base. In 2019, Swoon has introduced 9-piece furniture products. The company collaborated with Studio Tilt for designing these furniture products. Moreover, these products come in different sizes, shapes, and colors. Due to these innovations, the products are gaining attraction among parents, which in turn is anticipated to boost the demand for the kids furniture market in the coming few years.

Such furniture designs are also attracting top celebrities in the world. In 2019, a kids furniture brand called Flower Home has launched Drew Barrymore through online platforms. These products come in bold, bright, and pastel colors for all house rooms. In 2018, Ashley Home Store has partnered with Delta children and introduced new kids furniture products. It offers a collection of tables, gliders, storage pieces, and ribs other products for tween, toddlers. The company has innovated its online platform by employing artificial intelligence and augmented reality. Such initiatives are anticipated to impact positively on the market growth.

Further key findings from the report suggest:

• In 2018, the beds, cots & cribs segment held the largest share of over 40.0% in the overall market.

• Cabinets, chests & dressers product type is projected to exceed at CAGR of around 5.4% over the forecasted period.

• Based on raw material, wood segment constituted for a share of 60.0% in the overall market.

Polymer segment is anticipated to grow at a highest CAGR of 5.1% throughout 2019 to 2025.

Global Kids Furniture Market: Key Players

Hooker Furniture, Williams-Sonoma Inc., Bassett Furniture Industries, BABYLETTO, Lulu and Georgia, Casa Kids, Circu and Blu Dot

Know More Insights @ https://newsonmarketblog.wordpress.com

Ceramic Filter Market Global Insights and Trends Report by 2025

The global ceramic filter market size is projected to touch USD 2.97 billion by 2025. The market is anticipated to exhibit a CAGR of 13.5% over the forecast duration. Stringent regulation regarding the treatment of disposal water and harmful gases has led to an increase in demand for ceramics filter over the forecast duration.

These filters have high mechanical strength and can easily replace polymers filters. Additionally, these filters have higher cleaning capacity and require fewer membranes to clean the water, thereby, supplementing the market growth. Quality ceramics filters are anticipated to be in demand over the next few years.

To reduce volatile organic and gaseous compound, ceramics filters are predominantly used. Several government agencies have imposed the regulations that mandate clean air and water, thus, fueling market growth.

Key players in the industry are investing in research & development to stay competitive in the market. The emergence of new technologies has ensured low energy consumption. However, the high initial cost associated with ceramics filter is anticipated to hinder the market growth over the next few years.

Further key findings from the report suggest:

• In 2017, Ceramic water filters held 55.0% of the market share owing to increasing demand for drinking water.

• Industrial application category is projected to grow at a CAGR of 13.7% over the forecast duration.

• Asia Pacific alone held 35.9% of the market share in the global market in 2017.

• Key players in the ceramic filters market are investing on research & development, new product launch and expansion of product capacity.

COVID-19 Impact Insights

Ceramic filter market has witnessed a rapid decline in its growth owing to the outbreak of COVID-19. Several major countries have imposed lockdown, thereby, significantly reducing the production of the ceramic filter. Disrupted supply chain further caused the lack of raw materials, adversely affecting the market. However, lockdown restrictions have eased and various manufacturers have started their operation, albeit with protective measures and limited employee count. Amid the falling demand, industry players can focus on competitive pricing and introduction of cost-effective products to acquire a larger customer base. Moreover, economies of major countries have started to recover, which, in turn, is projected to spur the demand for ceramic filter from the residential segment.

Global Ceramic Filter Market: Key Players

3M, Glosfume Ltd., Anguil Environmental Systems Inc.

Know More Insights @ https://newsonmarketblog.wordpress.com

Car DVR Market Leading Players, Survey, Status and Trends Report by 2022

The global car DVR market size is projected to touch USD 1.84 billion by 2022. Growing focus on car safety and technological advancements in automotive manufacturing are driving the market growth. Further, the use of dash cam is gaining traction over recent years in both passenger and commercial cars.

Car DVRs cameras are attached to dashboard or windshield and they are used to record videos. The increasing number of road-rage and accidents are anticipated to positively affect market growth over the forecast duration. These devices collect shreds of evidence that can be produced before the court in case of any disputes.

The rise in the number of car accidents are projected to drive the installation of safety cameras as dash cams can help in vehicles surveillance in parking mode, even when the driver is absent.

However, issues associated with privacy, especially in Europe and the U.S are expected to pose a challenge for industry growth. Hackers can manipulate with vehicle security by accessing wireless data of vehicles.

North America accounted for more than 35% of the market share in 2014 largely because of the increasing number of road accidents and growing focus on road safety. The region is further expected to maintain its dominance.

Further key findings from the report suggest:

• Single channel DVR category dominated the car DVR market with over 70% of the market share in 2014.

• Manufacturers are offering a variety of cameras including single-channel video camera to advance dash cam that can record time, speed, location and G-force.

• North America held over 35% of the market share in 2014 on account of the increasing number of car accidents in the U.S.

• Asia Pacific is anticipated to grow at a CAGR of 9% over the forecast period. This growth is attributed to the presence of key manufacturers in Taiwan and China.

Global Car DVR Market: Key Players

Cobra Electronics Corporation, ITronics Group, WatchGuard Video, Honeywell, Falcon Zero, Amcrest Technologies and Lukas

Know More Insights @ https://newsonmarketblog.wordpress.com

Brushless DC Motor Market Analysis of Industry Size and Economic Growth Report by 2027

The global brushless DC motors market size is anticipated to reach USD 27.2 billion until 2027. It is anticipated to register growth with 6.6% CAGR during the forecasted period, 2020 to 2027. This growth can be associated with features like improved energy saving ability, enhanced operational efficiency, low maintenance, and operational costs as compared to the traditional motors.

The motor vehicle segment held a 25% share across the global market and is projected to witness 7.0% CAGR during the forecasted years on account of surging usage of these motors across the automobile industry for varied applications. While the industrial machinery segment is expected to hold a substantial share in 2019 owing to its usage for applications like robotics and feeder drives.

The 0-750 Watt power output segment held the largest share across the global market in 2019 due to their increasing usage in applications like pumps, machine tools, electric cars, fans, HVAC applications, and domestic appliances. On the other hand, the above 75 kW segment is also expected to witness significant growth on account of enhanced features like improved efficiency and reliability.

Asia Pacific is projected to emerge as the fastest growing market with 8.0% CAGR from 2020 to 2027 on account of rapid industrialization and a rising number of manufacturing and infrastructure facilities across countries like India and China. Europe and North America combined held a share of 35% across the global market owing to the increasing adoption of motorized vehicles.

The brushless DC motor market includes key players are engaged in product development and innovation to gain a competitive advantage over other players.

Further key findings from the report suggest:

• The market is expected to upsurge due to its features like less power requirement and enhanced operational efficiency as compared to the conventional motors.

• Brushless DC Motors having power output ranging from 0-750 Watt held the largest share across the global market in 2019.

• Asia Pacific is anticipated to emerge as fastest growing market with a CAGR of 8.0% from 2020 to 2027.

Global Brushless DC Motor Market: Key Players

ABB Ltd; Nidec Motor Corporation, Ametek Inc.; Siemens; Johnson Electric; and Schneider Electric.

Know More Insights @ https://newsonmarketblog.wordpress.com

Brazed Plate Heat Exchangers Market In-Depth Analysis of Industry Share, Growth Outlook 2025

The global brazed plate heat exchangers market size is anticipated to reach USD 1.4 billion by the end of 2025. It is anticipated to register growth with a CAGR of 7.5% during the forecasted period, 2019 to 2025.This growth can be attributed to the rapid urbanization and increasing infrastructure development which in turn is fueling the demand for refrigeration and air conditioning systems across the globe.

In addition, several other benefits like smaller footprints, low maintenance cost, and free from leakage are expected to fuel up the demand for these heat exchangers. Moreover, usage of vacuum brazing processes in manufacturing of such products for providing better strength to the joints also adds up to the surging demand among various industrial applications thereby fueling is demand.

The multi circuit held the largest share of around 65.3% across the global market due to its several features like energy efficient, smaller footprints and low cost of maintenance. The single-circuit product segment created revenue of USD 298.3 Million owing to its surging demand across water heating and heating pump applications.

The HVAC application segment is anticipated to generate USD 337.0 Million by the end of 2025 owing to rising demand for electric appliances like air conditioners and refrigerators across te developed and developing regions across the globe. On the other hand, the industrial application segment is anticipated to held 25.5% share across the global market due to rising usage of such heat exchangers across several petrochemicals, chemical, power generation, pharmaceutical industries.

Europe is expected to hold a share of 34.1% across the global market owing to surging concept of industrialization across several countries like Italy, France, and Germany. Moreover, increasing infrastructure activities across Asia Pacific and North America are projected to fuel up the demand for such heat exchangers in the upcoming years.

The brazed plate heat exchanger market players are investing more in R&Ds to gain competitive advantage over other players. Moreover, they have started implementing marketing strategies to widen their product portfolio and to penetrate deeper in the emerging markets.

Further key findings from the report suggest:

• The market across the U.S. is anticipated to grow at a CAGR of 8.5% during the forecasted period, 2019 to 2025.

• In 2018, the market across Germany generated revenue of USD 113.3 Million and it is anticipated to reach USD 188.3 Million till 2025.

• The multi circuit held the largest share of around 65.3% across the global brazed plate heat exchangers market in 2018.

• The HVAC application segment is projected to generate revenue of USD 337.0 Million across the global market by 2025.

COVID-19 Impact Insights

The global brazed plate heat exchangers market has been hindered due to the outbreak of COVID-19. Lockdown imposition and restrictions over domestic and international travel have reduced the availability of skilled labourers for the production of HVAC equipment. Moreover, delays or suspensions across construction activities have reduced the demand for heat exchangers. Also, the closure of several manufacturing facilities across the globe due to economic and political instability have stagnated the market growth. But, initiatives being undertaken by the key players for developing technologically advanced products are expected to drive the market growth to some extent over the post-pandemic period.

Global Brazed Plate Heat Exchangers Market: Key Players

Danfoss A/S; Alfa Laval AB; SWEP International AB; and SPX flow, Inc.

Know More Insights @ https://newsonmarketblog.wordpress.com