Global Glow Sticks market - A report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Glow Sticks market. The Glow Sticks report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment alongwith its sub-segment is analyzed in terms of value and volume. Further, the Glow Sticks report elaborates the market behavior of each vendor operating in the Glow Sticks market.
The Glow Sticks report considers the following years to present the overall market growth:
- Forecast Year: 2019 – 2029
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Key findings of the Glow Sticks market study:
- Regional breakdown of the Glow Sticks market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Glow Sticks vendors in detail.
- Region-wise and country-wise fragmentation of the Glow Sticks market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Glow Sticks market.
The recreational usage of glow sticks to increase demand in the coming decade
Adventure sports have become one of the cornerstone of the thrill seeking tourists. Over the years, scuba diving has evolved to become mainstream adventure sport. One of the most popular type of scuba diving is the night diving. According to Professional Association of Diving Instructors (PADI), the usage of the primary LED lights and secondary glow sticks are recommended. This has attributed to the high demand of glow sticks in adventure sports. Due to the ease of use and dispensability, glow sticks have found their way into variety of adventure sports as emergency and safety light source. The glow sticks are also one of the popular choices for party supplies. Owing to this increasing demand in the civilian usage, the manufacturers have shown to have increased the glow stick colors.
The consumer inclination has led to the increased production of small glow sticks, i.e. lower than 10” size. The manufacturers have been striving to increase their sales by investing in multiple distribution channels. Currently, glow sticks are available through direct sales, specialty stores and online retail.
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On the basis of region, the Glow Sticks market study contains:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics, Eastern Europe, Rest of Europe)
- East Asia (Japan, China, South Korea)
- South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest of South Asia)
- Oceania (Australia, New Zealand)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel, Rest of MEA)
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Key players analyzed in the Glow Sticks market study:
Some of the industry stakeholders working in the glow sticks market are Northern Products, Inc., Cyalume, LUMICA USA, INC., Bessen Glow Technology Ltd., Omniglow, The Glow Company UK Ltd., Sinoglow.com, Yiwu Findtoys Trading Co. Ltd. and Glow Fever among other players. The market for glow sticks is highly fragmented, due to multiple the involvement of multiple companies, especially fmor China that offer glow sticks and related luminescent accessories. The external sourcing by governmental institutions for glow sticks can be highly profitable for the current and emerging players in the glow sticks market.
Queries addressed in the Glow Sticks market report:
- Why are the Glow Sticks market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Glow Sticks market?
- Which regions are displaying the fastest growth in the Glow Sticks market?
- What are the underlying micro- macroeconomic factors affecting the global Glow Sticks market?
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