Ivo Smith

Paper Cup Market Report 2020: Size, Share, Price Trends, Industry Growth and Forecast till 2025

2020-11-03T11:30:14.220Z

According to IMARC Group’s recently published report titled “Paper Cup Industry Trends, Market Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market reached a volume of 264 Billion Units in 2019. Looking forward, IMARC Group expects the global paper cups market to continuously grow during the next five years.

Paper cups are disposable cups lined with a layer of plastic or wax which prevents liquids from soaking through or leaking out of the paper. These cups are exposed to high heat during the manufacturing process which kills harmful bacteria, thereby making them sterile. Owing to hectic lifestyles and long working hours, consumers nowadays are shifting from non-disposable utensils to paper cups so as to save their time. This shift, coupled with the emerging trend of takeaway services, is influencing the growth of the paper cups market across the globe.

Global Paper Cup Market Trends:

With rapid urbanization and rising health awareness, the demand for paper cups has increased in the past few years as they are relatively hygienic in nature over their re-usable substitutes. Moreover, the United Nations Organization (UNO) introduced the ‘Clean Seas’ campaign in 2017 for minimizing litter in water bodies. The campaign has encouraged governments worldwide to start awareness campaigns for their citizens and implement stringent policies to reduce the use of plastics. For instance, the governments of France and India have implemented regulations to discontinue the use of plastic cups and promote the adoption of eco-friendly substitutes like paper cups. Further, inflating income levels have increased the demand for fast food and beverages like noodles, soups, tea, coffee and aerated drinks which are contributing to the growth of the paper cups market.

Some of the major players operating in the industry include:

The International Paper Company (NYSE: IP)
Huhtamaki (HOYFF)
Dart Container
Go-Pak
Benders Paper Cups

Explore Related Research Reports: https://www.imarcgroup.com/categories/packaging-market-reports

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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India Pan Masala Market Report 2020: Size, Share, Price Trends, Industry Growth and Forecast till 2025

2020-11-03T10:34:46.042Z

According to the latest research report, the pan masala industry in India reached a value of INR 42,180 Crore in 2019. Looking forward, the market is expected to continue its moderate growth during the next five years.

Pan masala refers to a combination of areca, slaked lime, cardamom, catechu, and other flavoring or perfuming agents that are consumed as a mouth freshener or digestive aid in India. It is prepared using various ingredients, such as sugar-coated fennel seeds, cardamom, saffron, silver covered betel nut, and gulkand (sweet-preserved rose petal). Nowadays, pan masala comes in a wide variety of flavors that cater to varied consumer tastes and preferences.

India Pan Masala Market Trends:

The demand for pan masala has been growing in both the rural and urban areas in India due to the increasing disposable incomes of consumers and aggressive promotional campaigns by the manufacturers. For instance, market players have started introducing pan masala in innovative packaging formats, such as attractive foil packs, sachets, tins, and user-friendly pouches that can be stored and carried conveniently. These packaging solutions also aid in extending the shelf-life of the product and retaining the fragrance of the product. Other than this, the growing awareness regarding the harmful effects of tobacco products has shifted consumers toward plain or flavored pan masala. As a result of these factors, the market is expected to witness positive growth in the coming years.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

India Pan Masala Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of the major players operating in the industry include Godfrey Phillips India Limited (NSE: GODFRYPHLP), Kothari Products Ltd. (NSE: KOTHARIPRO), Rajnigandha (DS Group), RMD (Manikchand) and Others.

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The report has segmented the market on the basis of Packaging, Type, Price and State.

Market Breakup by State

Uttar Pradesh
Bihar
Maharashtra
Madhya Pradesh
Odisha
Jharkhand
Delhi
Others

Market Breakup by Type

Pan Masala with Tobacco
Plain Pan Masala
Flavoured Pan Masala
Others

Market Breakup by Price

Premium
Non Premium

Market Breakup by Packaging

Pouch
Cans
Others

Key highlights of the report:

Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Competitive Structure
Profiles of Key Players

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Home Fitness Equipment Market Share, Industry Outlook, Future Growth and Opportunities by 2025 - IMARC Group

2020-10-22T10:54:01.982Z

Home fitness equipment is used for tracking physical workout at home. These machines assist in burning excess body fat and developing muscular strength. Home fitness equipment also aids in building stamina and weight management. It is majorly classified into cardiovascular training equipment, and strength training equipment. The cardiovascular training equipment includes treadmills, ellipticals, stationary bikes, etc., whereas, strength training equipment comprises of free weight and plate, loaded machines, etc.

According to IMARC Group’s recently published report titled “Home Fitness Equipment Market Share, Growth, Industry Trends, Opportunity and Forecast 2020-2025”, the market grew at a CAGR of around 4% during 2014-2019. Looking forward, the market is expected to continue its moderate growth during the next five years.

Home Fitness Equipment Market Trends:

The growing prevalence of chronic lifestyle diseases, along with the increasing health awareness, is driving the home fitness equipment market. Additionally, growing urbanization, coupled with sedentary and hectic consumer lifestyles, have also augmented the market growth. The rapid shift towards ergonomic equipment has led to the launch of advanced and user-friendly devices. Moreover, several governments have also introduced various healthcare initiatives to promote fitness-related awareness, thereby propelling the adoption of these equipment. Additionally, the increasing penetration of wearable devices that can be synchronized with home fitness equipment is expected to drive the market growth.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Home Fitness Equipment Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Product Type
6.1 Cardiovascular Training Equipment
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Air Bike
6.1.2.2 Elliptical Machines
6.1.2.3 Punching Bag
6.1.2.4 Rowing Machine
6.1.2.5 Treadmill
6.1.2.6 Others
6.2.3 Market Forecast
6.2 Strength Training Equipment
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Ab Wheel
6.2.2.2 Adjustable Dumbbells
6.2.2.3 Adjustable Kettlebell
6.2.2.4 Medicine Ball
6.2.2.5 Mini Resistance Bands
6.2.2.6 Pull Up Bars
6.2.2.7 Weight-lifting Bench
6.2.2.8 Others
6.2.3 Market Forecast
6.3 Accessories
6.3.1 Market Trends
6.3.2 Major Types
6.3.2.1 Foam Roller
6.3.2.2 Weighted Jump Rope
6.3.2.3 Others
6.3.3 Market Forecast
7 Market Breakup by Distribution
7.1 Supermarkets and Hypermarkets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Specialty Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Online Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Indicators
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 adidas AG
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
17.3.1.4 SWOT Analysis
13.3.2 Amer Sports Corporation
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Brunswick Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 PureGym
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Hoist Fitness Systems Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Icon Health & Fitness Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 SWOT Analysis
13.3.7 Johnson Health Tech. Co. Ltd.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.8 Technogym
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9 True Fitness Technology Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Vectra Fitness Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio

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Global Perfume Market Overview, Dynamics, Price Trends, Segmentation, Key Players, Application and Forecast to 2024

2020-02-24T11:16:25.225Z

According to the global perfume market report by IMARC Group, the market reached a value of around US$ 39 Billion in 2018. The global perfume market value is projected to reach US$ 48 Billion by 2024, at a CAGR of 3.6% over the forecast period. A perfume is a combination of essential oils and aroma compounds which gives a pleasant smell to an individual’s body. Plants like sandalwood, rosemary, jasmine, cinnamon and rose are the primary sources of essential oils which provide a distinctive aroma to a perfume. Apart from this, various natural ingredients like flowers, grasses, spices, fruits, woods, roots, resins, balsams, leaves, gums and animal secretions are also used in perfume production. In addition to this, several synthetic compounds, alcohol and water are employed as additives.

Global Perfume Market Trends:

A rise in the trend of personal grooming amongst the young generation has been witnessed which is increasing the demand for exotic and youth-oriented fragrances. Additionally, inflating disposable incomes and increasing urbanization have led to rapid changes in the lifestyles of the urban population. These factors are propelling the sales of luxury goods including perfumes. Moreover, several manufacturers are offering high-quality products at affordable prices to target the mass market which is catalyzing the growth of the perfume industry across the globe. They are also improving the product packaging by introducing fragrances in rollerballs and mini bottle sprays. Further, the capital investment required for setting up a perfume manufacturing plant is relatively low which is attracting new entrants.

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Table of Contents

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Perfume Industry

6 Performance of Key Regions

7 Market by Perfume Type

8 Market by Category

9 Competitive Landscape

10 Perfume Manufacturing Process

11 Project Details, Requirements and Costs Involved

12 Perfume Manufacturing Plant: Loans and Financial Assistance

13 Perfume Manufacturing Plant: Project Economics

14 Key Player Profiles

Some of the major players operating in the industry include:

Procter & Gamble (NYSE: PG)
2.Avon Products Inc. (NYSE: AVP)
3. Natura Cosméticos SA (BVMF: NATU3)
4. Coty Inc (NYSE: COTY)
5. Estée Lauder (NYSE: EL)
6. LVMH (OTCMKTS: LVMUY)
7. Chanel SA, L’Oréal Groupe
8. Botica Comercial Farmacêutica Ltda.

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Global Ceramic Tiles Market Report 2020 | Top Companies, Trends and Future Prospects Details for Business Development

2020-02-24T10:55:47.416Z

According to the latest report, the global ceramic tiles market value to reach US$ 115 Billion by 2025, exhibiting a CAGR of 7.1% during 2020-2025.

Market Trends

Owing to rapid urbanization, growing population and inflating income levels, there is a rise in the demand for residential spaces. This, in confluence with the burgeoning construction industry, is driving the market growth across the globe. Apart from this, the increasing utilization of environment-friendly and sustainable materials, along with the automation in the manufacturing process, is boosting the sales of ceramic tiles globally. Additionally, the rising concern for energy-efficient green buildings for office spaces and government buildings has led to an increase in demand for ceramic tiles in numerous countries.

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Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Ceramic Tiles Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Analysis
5.3.1 Key Price Indicators
5.3.2 Price Structure
5.3.3 Price Trends
5.4 Market Breakup by Region
5.5 Market Breakup by Type
5.6 Market Breakup by Application
5.7 Market Forecast
5.8 Trade Data
5.8.1 Imports
5.8.2 Exports
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Raw Material Suppliers
5.10.2 Manufactures
5.10.3 Distributors
5.10.4 Exporters
5.10.5 Retailers
5.10.6 End-Users
5.11 Porter’s Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Rivalry
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1 China
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Brazil
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 India
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Vietnam
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Indonesia
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Type
7.1 Floor Tiles
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Wall Tiles
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Residential Applications
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial Applications
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Replacement Applications
8.3.1 Market Trends
8.3.2 Market Forecast
9 Competitive Landscape
9.1 Competitive Structure
9.2 Ceramic Tiles Production by Key Players
10 Ceramic Tiles Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Machinery Pictures
11.5 Raw Material Requirements and Expenditures
11.6 Raw Material and Final Product Pictures
11.7 Packaging Requirements and Expenditures
11.8 Transportation Requirements and Expenditures
11.9 Utility Requirements and Expenditures
11.10 Manpower Requirements and Expenditures
11.11 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margin Across the Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 Key Player Profiles
14.1 Mohawk Industries Inc
14.1.1 Company Overview
14.1.2 Description
14.1.3 Product Portfolio
14.1.4 Financials
14.2 Siam Cement
14.2.1 Company Overview
14.2.2 Description
14.2.3 Product Portfolio
14.2.4 Financials
14.3 Lamosa
14.3.1 Company Overview
14.3.2 Description
14.3.3 Product Portfolio
14.3.4 Financials
14.4 RAK Ceramics
14.4.1 Company overview
14.4.2 Description
14.4.3 Product Portfolio
14.5 Ceramica Carmelo Fior
14.5.1 Company Overview
14.5.2 Description
14.5.3 Product Overview

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Nutraceuticals Market to Witness Huge Growth during 2019-2024

2020-02-07T09:46:24.179Z

Nutraceuticals are food and beverages which cater to individual nutritional demands and offer health benefits beyond basic nutrition. Nutraceuticals range from fortified products (such as vitamin-fortified juices) to enhanced commodities(such as eggs with higher omega-3 content). These products can be required due to certain health conditions, professional needs or food allergies and intolerances, and can help enhance immunity and digestion, prevent chronic diseases, improve cognitive behaviour, etc.

Highlights of the Global Nutraceuticals Market:

The shifting consumer preference towards personalised nutrition products remains the major growth driver.
Digestive and immune health products dominated the market, representing the most popular indication type.
The United States is the largest market, accounting for around a fourth of the global market.

The market is currently being driven by a number of growth inducing factors. One of the major factors is the shift towards personalized nutrition which has enabled the manufacturers to provide products that are better suited to the individual health and nutritional requirements of the consumers. Furthermore, the increase in the aging population and the prevalence of lifestyle diseases, particularly in the developed regions, has encouraged the demand for nutraceuticals. Several other factors such asbetter understanding towards fitness, growing health concerns, lifestyle changes,increasing disposable incomes and demand from emerging regions are alsostimulating the global nutraceutical market. New product launches are further projected to strengthen the market growth. Owing to these factors, the global nutraceuticals market is expected to reach a value of US$ 403 Billion by 2024.

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The report has examined the global nutraceuticals market on the basis of:

Type:

Personalised Foods
Personalised Beverages

Region:

United States
China
Mexico
Japan
Brazil
United Kingdom

Some of the major players operating in the industry include:

PepsiCo Inc.
Coca Cola
Otsuka
Yakult Honsha
Danone
GlaxoSmithKline
Cadbury
Morinaga
Nestlé
Kirin Brewery

Sonar Systems Market - Industry Insights By Growth, Emerging Trends And Forecast By 2024

2019-12-12T11:45:00.877Z

According to the latest market research report by IMARC Group, the global sonar system market reached a value of US$ 4.2 Billion in 2018. Sonar stands for Sound Navigation and Ranging which is a remote sensing technique that uses sound waves to detect, locate and identify objects in the water. A sonar system consists of front-end signal conditioning units, signal processors, underwater transducers, and displays. There are two major types of these systems, namely, active systems which emit acoustic signal or pulse into the water and passive systems which listen to the sound waves coming towards them from marine objects and animals. These systems are mostly used for underwater navigation and surveillance. They also help in determining water depth and characteristics of the ocean bed, locating various objects in it.

Global Sonar Systems Market Trends:

Sonar systems remain the primary surveillance technique used in naval ships and submarines for facilitating underwater communications as well as detecting and tracking enemy vessels and torpedoes. Moreover, manufacturers are engaged in R&D activities to develop advanced sonar systems. For instance, synthetic aperture sonar (SAS) has been successfully tested outside the sea with signal processing by the Norwegian Defense Research Establishment (FFI). In addition, high-resolution interferometric synthetic aperture sonar (HISAS) has been developed with the capability of producing ultra-high-resolution acoustic images as well as co-registered bathymetry with a frequency range of 70-100kHz. According to IMARC Group, the market value is projected to reach US$ 5.3 Billion by 2024, exhibiting a CAGR of around 4% over the forecast period (2019-2024).

Market Segmentation

Market Breakup by Mode of Operation

1. Commercial Active
2. Military Dual Mode
3. Military Passive

Market Breakup by Product Type

1. General-Purpose Hull Mounted Sonar
2. Seabed Imaging and Information Sonar
3. Stern Mounted Sonar
4. Dipping Sonar
5. Others

Market Breakup by Installation

1. Vessel Mounted
2. Towed
3. Hand-Held and Pole Mounted
4. Airborne
5. UUV
6. Others

Market Breakup by Operating Frequency

1. High
2. Medium
3. Low

Market Breakup by Application

1. Hydrographic Charting
2. Offshore Oil and Gas
3. Port and Harbour Management
4. Coastal Engineering

Market Breakup by Region

1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. Latin America

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Global Home Decor Market 2019 | Enhancing Huge Growth and Latest Trends by Top Players

2019-11-11T12:18:28.010Z

The latest report by IMARC Group, the global home décor market reached a value of US$ 605 Billion in 2018. Home décor items are used for decorating a house or apartment and providing a personal touch to the place. These products add to the interior aesthetics and are an effective way of portraying the style of the owner. Some of the common home décor products include artifacts, lamps, candles, furniture and vases. Inflating income levels and improving standards of living have led to a rapid increase in the number of individual households. This has resulted in a rise in the demand for home décor items across the globe. Moreover, as affluent consumers hire interior decorators to enhance the aesthetics of their homes, it has further impelled the demand for luxurious home décor products.

To know more: https://www.imarcgroup.com/home-decorative-materials-market

Market Trends:

Over the years, the growing rural to urban migration has resulted in the expansion of the real estate sector in large cities. Similarly, rapid globalization has provided easier access to a wide variety of home décor products to consumers throughout the world. In line with this, consumers these days are shifting towards online retail platforms for purchasing home décor products as these stores offer products from different parts of the world at discounted or affordable prices. Apart from this, with widespread awareness about environmental concerns, the manufacturers are introducing eco-friendly home décor products which have minimal impact on the environment. For instance, Greenington is a global manufacturer which produces numerous bamboo products from fully sustainable forests. Market players are also collaborating with interior designers to provide consumers with a broad range of customized home décor items. As a result of these factors, the market is projected to exceed a value of US$ 770 Billion by 2024, exhibiting a CAGR of around 4.1% during 2019-2024.

Market Summary:

Market Breakup by Product Type

1. Home Furniture
2. Home Textiles
3. Flooring
4. Wall Decor
5. Lighting
6. Others

Market Breakup by Distribution Channel

1. Supermarkets and Hypermarkets
2. Home Decor Stores
3. Gift Shops
4. Direct to Consumer
5. Online
6. Others

Market Breakup by Region

1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. Latin America

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Oxo-Alcohol Market Research Report 2019, Industry Trends, Share, Size, Demand and Future Scope

2019-09-24T12:55:32.722Z

Oxo-alcohols are prepared by adding hydrogen and carbon monoxide to an olefin and further hydrogenating the aldehyde to obtain the alcohol. This process takes place under low-pressure conditions in the presence of rhodium catalyst to produce aldehyde isomers, which are further hydrogenated to produce these alcohols. Various olefins, including ethylene, propylene and acetylene, can aid in the preparation of different kinds of oxo-alcohols. These alcohols react with phthalic anhydride to form phthalates, which are commercialized as vinyl plasticizers. In addition, they are extensively employed across numerous industries for the manufacturing of drugs, ethers, acetates, polishers, coatings, cleaners, solubilizer, adhesives, printing inks and specialty chemicals.

Global Oxo-Alcohol Market Trends:

Oxo-alcohols are chiefly utilized to manufacture plasticizers, which are further used in polyvinyl chloride (PVC) products to offer flexibility and durability. The escalating demand for these alcohols from the plasticizers industry has boosted their sales across the globe. Additionally, the thriving construction industry is another key factor driving oxo-alcohol market growth. PVC products form an essential component of the construction industry which, in turn, is impelling the demand for these alcohols. Apart from this, increasing demand for acrylates from the coatings and packaging industries is also creating a positive outlook for the market.

Furthermore, manufacturers are continually engaging in research and development (R&D) activities for the development of new and efficient variants. For instance, BioPure™ nC4-OL, a bio-based, high purity n-butyl alcohol and a versatile oxo-chemical, has been launched in the market, which is widely used in the manufacturing of esters utilized for fragrance, skincare and haircare products. On account of the aforementioned factors, the market is expected to reach a volume of 9.3 Million Tons by 2024.

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Global Gypsum Board Market Trends, Demand and Business Opportunities 2024

2019-09-23T11:58:57.235Z

Gypsum board, also known as drywall and plasterboard, refers to a panel made using a mixture of gypsum and water which is pressed between two sheets of thick paper and widely used as a construction material. It is widely used in the construction industry for preparing walls, ceilings and partition systems, particularly in the residential and commercial building projects. Gypsum board is considered as a faster alternative to conventional plastering process. Some of the benefits of using a gypsum board include durability, lightweight, cost-effectiveness, ease of installation, fire-resistance, etc.

The global gypsum board market was worth US$ 22.4 Billion in 2018. The report further anticipates the market to reach a value of US$ 31.7 Billion by 2024, at a projected CAGR of 5.8% over the forecast period.

Source: IMARC Group

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Product Type Insights:

On the basis of type, wallboard represents the largest segment in the global gypsum board market as it is predominantly used as an interior surfacing for buildings. Wallboard is followed by ceiling pre-decorated board and others.

End-Use Insights:

Based on end-use, the report finds that residential is currently the largest end-use sector of gypsum board. This can be accredited to the increasing affordable housing projects worldwide. Residential is followed by corporate, commercial and institutional.

Regional Insights:

On a geographical front, Asia Pacific enjoys a leading position in the market. Asia Pacific is followed by North America, Western Europe, Eastern Europe, Middle East and Africa, and Central and South America.

Competitive Landscape:

Although, the market is surrounded by both small and big players, the market is concentrated in nature with large players accounting for the largest share. There prevails an intense competition in the market, thereby making it challenging for the small players to survive. Some of the leading players operating in the market are:

BNBM Group
Saint-Gobain
Knauf
Etex
USG Boral
Yoshino

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