The market witnesses a strong demand owing to increase in number of women professionals coupled with dynamic change in lifestyles. Moreover, rise in middle aged population and growth in disposable incomes in emerging economies such as in China, Brazil, India, and Indonesia augment the market growth. Since vitamin D deficiency among mothers is a growing concern in the developing countries, these drops are increasingly prescribed by the doctor and the dietitians as a supplement among babies. The aforementioned factors act as a major factor enhancing the market growth. Moreover, increase in female participation in the labor workforce is further leading to deficiency of essential vitamins among breastfed babies, which is also raising demand for baby Ddrops and in turn leading the market growth. In addition, high birth rate in countries such as Saudi Arabia also contribute to the market growth. However, ambiguity related to food safety is expected to limit the market growth.

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Key Benefits

• This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global Aircraft Flooring market to identify the prevailing market opportunities.
• Major countries in each region are mapped according to individual market revenue.
• Comprehensive analysis of factors that drive and restrict the market growth is provided.
• An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
• Key players and their key developments in the recent years are listed.

Baby Ddrops Market Key Segments:

By Type

• Granular
• Bottled

By Age

• Less than 6 Months
• 6‐12 Months
• 12‐36 Months
• More than 36 Months

By Product

• Drug
• Nutrition

By Distribution Channel

• Medical Stores
• Online Retailers
• Others (Specialty Stores)

By Geography

• North America
• Europe
• Asia-Pacific
• LAMEA

Key Players

• Baby Ddrops
• Zymafluor
• Ostelin
• Goodhealth
• Diqiao
• Shandong Qidu Pharmaceutical Co. Ltd
• Cypress Diagnostics
• Comdek Industrial
• Hecht Assistant
• Paul Marienfeld

Other Market Players:

• Enfamil
• Livol
• Puria
• Circon Pharma
• Azveston Healthcare
• Fermenta Biotech Limited
• Endocura Pharma
• NutriStart

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MICE represents a sector of tourism that includes business events and activities such as client meetings, brand & product promotions, business expansion, employee training, and incentives. Globalization of businesses, rapid increase in SMEs, and the surge in presence of corporate industries have caused massive increase in aforementioned business activities; thus, driving the growth of the Asia-Pacific MICE industry. Other significant factors that promote the growth of the market are rise in business travel coupled with change in lifestyle of business travelers to seek leisure trips, rapid urbanization, and increase in disposable incomes. However, high cost associated with MICE events and uncertain geopolitical conditions hamper the market growth. Factors such as investments in infrastructural development and technological advancements, are expected to provide lucrative opportunities for the growth of the market. The Asia-Pacific MICE industry is segmented on the basis of event type and country.

Development of the travel & tourism industry plays a significant role in the growth of the Asia-Pacific MICE industry. Over the last decade, Asia-Pacific has been the fastest growing region for tourism in the world. The factors that promote the growth of Asia-Pacific travel & tourism industry include strong economic growth, increase in disposable income, political stability, and aggressive tourism campaigns. In addition, changes in lifestyle, rise in tourism promotion, increase in accessibility of transport facilities and others have fueled the significant growth of the travel & tourism industry in Asia-Pacific, which in turn supplements the growth of the MICE industry in this region.

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Key Findings of the Asia-Pacific MICE Industry Market:

• Based on event type, the meeting segment accounted for around 64.0% of the Asia-Pacific MICE industry in 2017, growing at a CAGR of 8.5% from 2018 to 2025.
• The incentive travel segment accounted for 10.0% share of the Asia-Pacific MICE industry and is expected to grow at the highest CAGR of 9.1%.
• By country, Singapore & Thailand are anticipated to grow at a significant CAGR of 10.3% and 10.0% respectively.
• China occupied around 25.5% share of the Asia-Pacific MICE industry in 2017 and is expected to grow at a CAGR of 8.5%.
• Based on country, the Asia-Pacific MICE industry was dominated by China and Japan as the major market with nearly 42.0% market share in 2017 and are expected to witness a CAGR of 8.5 and 9.5% during the forecast period.

The key players operating in the Asia-Pacific MICE industry include Questex, LLC, CWT Meetings & Events, IBTM Events, BCD Meetings and Events, Capital Travel and Events, CiEvents, Conference Care Ltd., The Freeman Company, ATPI Ltd., and Interpublic Group of Companies, Inc.

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Technological development such as easy access to the internet across Europe and increasing internet penetration rate have resulted in deviating the preference of consumers from offline shopping to online. There are numerable services offered on online clothing rental portals such as variety of choices in colors, sizes, and designs of dresses, easy price comparisons and most importantly convenience, which influences the consumers to opt for online purchases thereby driving the market. Additionally, increasing trust on the e-commerce industry and technology are uplifting the supply of this online rental market. One of the major drivers of this market is the ease of shopping experienced by its consumers along with value for money. Various initiatives and marketing strategies have been executed by several online rental enterprises to reach out to customers to create awareness as well as sustain in the competition. However, clothes rented online are shared and thus worn by several users leading to questions regarding hygiene of the product which could arise as a major drawback to the online clothing rental marke.

Through means of social networking platforms such as Instagram and Facebook, the online clothing rental enterprises can promote themselves and reach across various customers in a short span of time and hence expand their foothold in the market.

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• A thorough analysis of the current trends and future estimations in the market are provided.
• The report exemplifies the key drivers, restraints, and opportunities and a detailed impact analysis from 2018 to 2025.
• The report is equipped with comprehensive analysis of the market with respect to end-users, clothing styles, and geography.
• A quantitative analysis of the current scenario and the forecast period highlights the financial competency of the market.
• Porters five forces model of the industry depicts the potential of buyers and suppliers in the market.

Key market segments

By End Users

• Men
• Women
• Kids

By Clothing Type

• Ethnic
• Western
• Others

By Region

• Europe
• UK
• France
• Germany
• Italy
• Rest of Europe

Market key players include

• Drexcode
• Chic by Choice
• Girl meets dress
• StyleLend
• Le Tote
• Rent the runway
• Dress Hire
• C’EST MA ROBE
• One Night Stand
• Frontrow

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Among the two types, Video baby monitors accounted for a larger share of about 86.4% of the overall market in 2014 and is expected to maintain this trend throughout the forecast period, owing to increasing demand for high-end baby monitoring devices with smart monitoring features. This segment is anticipated to witness faster growth in the developed economies, and would account for 88.7% of the overall market by 2020.

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Basis the mode of connection, the market has been segregated into wireless baby monitors & wired baby monitors. The segment of wireless baby monitors is expected to account for 94.8% of the overall market revenue by 2020, as these monitors offer greater portability and ease of connectivity, compared to the wired baby monitors. Moreover, the demand for wired baby monitors would gradually decrease in future, as these are perceived to be unsecure for babies due to the sensor cord attached to them.

KEY FINDINGS OF THE STUDY

• In 2014, North America was the highest revenue-generating market, owing to higher adoption of niche baby care products
• Western Europe has emerged to be the second largest market with Germany and U.K. accounting for the prominent share of the overall market by value
• Video monitors have emerged to be the prominent segment due to increasing demand for high-end baby monitoring devices with smart monitoring features
• The Asia-Pacific region would witness the fastest growth during 2015-2020, owing to the increasing adoption of high-end baby monitors in developing economies such as China and India

The prominent companies profiled in this report include Samsung Electronics Co. Ltd., Dorel Industries, Inc., Angelcare Monitors, Inc., LOREX Technology, Inc., VTech Holdings Ltd., ShenZhen Foscam Intelligent Technology Co. Ltd., Summer Infant, Inc., Koninklijke Philips N.V., Nest Labs, Inc., and Withings, Inc. Presently, the baby monitor market is majorly driven by growth strategies such as product launch and acquisition. Lorex Technology, Inc., Summer Infant Inc., Nest Labs, Inc., and VTech Holdings Ltd. have launched smart baby monitors in recent past to increase their customer base and expand their market penetration.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

The electric wheelchair majorly constitutes of a rear wheel drive chair, front wheel drive chair, center wheel drive chair, and others depending upon the end use. The rear wheel drive chairs provide maximum stability in comparison to all the wheelchairs in existence and provides utmost safety on steep surfaces, though their large turning radius and their inability to maneuver in tight places is a drawback. Center wheel drive chairs are perfect for maneuvering in small spaces though getting stuck in uneven terrain is a primary flaw. The front wheel drive chair is the finest option for off road use due to its capability to climb over minor hurdles.

Convenience is a  crucial element which helps boost the electric wheelchair market. Since the product is user friendly, it can be efficiently operated by people falling into any age group category. In addition, rise in number of road accidents, growth in number of patients with physical deformities, and increase in purchasing power of consumers in the Asia-Pacific countries are some of the other factors that drive the growth of this market to a considerable extent. However, inaccessibility to wheelchair users in public buildings and some homes due to expensive home and vehicle modifications is expected to restrain the growth of the market.

The increase in requirement of smart wheelchair for disabled users with motor, sensory, or cognitive impairment could be considered as a  growth opportunity for this market in Asia-Pacific countries.

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KEY BENEFITS FOR STAKEHOLDERS:

• This report is equipped with an in-depth analysis of the global electric wheelchairs market to exemplify the potential investment pockets.
• The current trends and future scenarios have been defined to ascertain the overall market potential.
• Information regarding key drivers, restraints, and opportunities along with their detailed impact analysis has been provided.
• Quantitative analysis of the current market trends and future estimations for 2018–2025 are provided to stipulate the financial competency.
• Porter’s five forces model of the industry illustrates the potency of the buyers and suppliers.

The Asia-Pacific Electric Wheelchair Market Segments:

By Product Type

• Centre Wheel Drive
• Front Wheel Drive
• Rear Wheel Drive
• Standing Electric Wheelchair
• Others (Sports Wheelchair, Pediatric Wheelchair, and High-Power Wheelchair)

By Region

• Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Major Players of Asia-Pacific Market

• Golden Motor Technology
• Ottobock
• Invacare Corporation
• Pride Mobility Products Corp.
• Meyra Wilhelm Meyer
• Ostrich Mobility Instruments Private Limited
• Karma Healthcare
• Sunrise Medical
• Permobil
• Drive Medical

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Surge in number of luxury hotels, increase in hospitality sector, and diversification in culinary activities drive the growth of the market. However, high cost of bespoke units restrains the market growth. On the other hand, technological advancements and effects of TVs & media create new opportunities in the industry.

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Starred restaurants segment to continue its leadership status by 2025

Based on end user, the starred restaurants segment accounted for the major market share in 2018, contributing more than two-fifths of the total share, and is estimated to continue its leadership status during the forecast period. This is due to high frequency in cross country travels and surge in disposable income of people. The premium cafes segment is expected to register the largest CAGR of 8.2% from 2018 to 2025. This is attributed to rise in affinity of consumers toward fast food and caffeinated drinks with changes in lifestyle.

France to maintain its dominant position throughout the forecast period

On the basis of country, France contributed the major market share in 2018, accounting for nearly one-fifth of the total share. This region would to maintain its dominant position throughout the forecast period. This is due to cultural preferences for food and wine, increase in number of food outlets, and rise of the transport and hospitality industry. However, Iberia is expected to register the fastest growth rate with a CAGR of 9.0% from 2018 to 2025, owing to rise in demand for cooked food from restaurants, premium food outlets, canteen, and hotels along with utilization of bespoke units for raising visual appeal and efficiency.

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Torchbearers of the market

Leading market players analyzed in the report are Molteni, Marrone, Maestro, and Athanor. The report offers insights on key strategies, product portfolio, pain point analysis, and overview of these market players.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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The global exercise oxygen equipment market witnesses numerous growth opportunities owing to the increase in occurrence of respiratory disorders. Moreover, factors such as shift from traditional cylinders to portable concentrators and preference toward home-based oxygen equipment further boost the growth of the global exercise oxygen equipment market. The market has numerous growth opportunities owing to raised focus of industry players on emerging markets. However, the market growth is restricted by the availability of low-cost alternatives by local manufacturers.

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The global exercise oxygen equipment market is segmented based product, portability, application, and geography. Based on product, the market is divided into oxygen concentrators, compressed gas systems, and liquid oxygen systems. By portability, the market is bifurcated into stationary and portable oxygen equipment. By application, the market is categorized into nocturnal, ambulatory-travel, and, homebound. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global exercise oxygen equipment market focus on key market strategies such as mergers, acquisitions, collaborations, and partnerships. They also aim to strengthen their market reach to maintain their goodwill in the ever competitive market.

Some of the key players in the global market include:

• Precision Medical, Inc.
• Boost Oxygen
• Nidek Medical Products Inc.
• Philips Healthcare
• Drive DeVilbiss Healthcare Ltd
• Providence Health & Services
• Invacare Corporation
• Chart Industries
• Inogen
• Oxygen Plus

Key Benefits

• This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist in identifying the prevailing market opportunities.
• Major countries in each region are mapped according to the individual market revenue.
• The region-wise and country-wise market conditions are comprehensively analyzed.
• This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
• An in-depth analysis of each segment of the market is provided, to assist the prevailing market opportunities.

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Exercise Oxygen Equipment Market Key Segments:

By Product

• Oxygen Concentrators
• Compressed Gas Systems
• Liquid Oxygen Systems

By Portability

• Stationary Oxygen Equipment
• Portable Oxygen Equipment

By Application

• Nocturnal
• Ambulatory-Travel
• Homebound

By Region

• North America
• Europe
• Asia-Pacific
• LAMEA

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Baby infant formula comprises infant milk, follow-on-milk, specialty baby milk, and growing-up milk designed for the consumption of infants and toddlers. Infant milk contains the necessary nutrients, minerals, and vitamins for normal development of the baby. Physicians recommend infant formula as an alternative to breastmilk, as it can be fed anywhere and at any time, which makes it a convenient for working mothers. Many working mothers return to their jobs shortly after giving birth. Thus, infant formula can be fed at convenience and provides a healthy and nutritious alternative.

High nutrition content in baby infant formula, change in lifestyle, rise in middle-class population, and increase in disposable income of people in emerging economies, such as India, China, Indonesia, are expected to propel the baby infant formula market growth from 2018 to 2025.

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In 2018, infant milk is expected to account for high share in the market, and is expected to maintain its dominance during the forecast period. It contains vitamins and nutrients, such as iron that can help prevent anemia. Some types of infant formula are supplemented with probiotic called Bifidobacterium Lactis, which prevent diarrhea, ease colic, and lower the risk of food allergies. Active launch activities and promotion of infant formula in the U.S. and UK have led to its high penetration rate.

Growth in awareness among consumers has led to increase in preference for organic baby food products. Thus, baby infant formula free from ingredients such as added sugar, sodium, and preservatives may present novel opportunities for the baby infant formula manufacturers. However, concerns related to food safety and decline in global birth rate may hamper the market growth.

Key findings of the Baby Infant Formula Market:

• In 2018, Asia-Pacific is expected to be the highest contributor to the baby infant formula market in terms of value and volume, growing at a CAGR of 11.4% from 2018 to 2025.
• In 2018, the carbohydrate segment is expected to be the highest contributor to the baby infant formula market in terms of value, and is estimated to grow at a CAGR of 9.4% from 2018 to 2025.
• In 2018, the mineral segment is expected to growth at the highest CAGR of 10.9% from 2018 to 2025.
• In 2018, the infant milk segment is expected to account for the highest market share in baby infant formula market, and is estimated to grow at CAGRs of 9.7%.
• In 2018, hypermarket segment is expected to be a prominent market share in baby infant formula market and is anticipated to grow at the CAGRs of 8.8%.
• In terms of value, Asia-Pacific and Europe collectively contributed around two-third of the market share in the Baby infant formula market in 2018.

The key players profiled in the report include Abbott, Arla Foods Amba, Campbell Soups, Dana Dairy Group Ltd, Danone, D-Signstore, HiPP GmbH & Co. Vertrieb KG, Reckitt Benckiser (Mead Johnson & Company LLC), Nestle S.A. and The Hain Celestial Group.

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

The market has been witnessing an increased demand from the female consumers, particularly for trendy and branded eyewear. The increasing number of female professionals and economic independency of women are the key factors fostering the adoption of eyewear products among women. Endorsement by celebrities has increased the demand of designer and premium eyewear. Increased preference for contact lenses has fostered the overall growth of the eyewear market.

Based on product type, the global eyewear market is categorized into prescription glasses/spectacles, sunglasses and contact lenses. In 2014, the prescription glasses/spectacle segment dominated the eyewear market, contributing approximately 3/5th of the overall eyewear market revenue. The sunglasses segment accounted for 25.7% share and is estimated to grow at a CAGR of 9.1% during the forecast period. This growth is attributed to increased awareness among consumers about the harmful effects of UV rays on eyes. In addition, growing inclination of consumers towards latest fashion trends has fostered the growth of the sunglasses segment. However, the contact lenses segment is anticipated to grow rapidly, registering a CAGR of 12.0% during 2015-2020.

Being a touch & feel product, consumers prefer retail stores for purchasing eyewear, especially spectacles and sunglasses. Based on mode of sale, retail stores accounted for a significant market share in 2014. Some of the prominent companies have focused on establishing retail outlets in the emerging economies to expand their geographical presence and increase their customer base. Online platforms, have exhibited a robust growth, owing to ease of accessibility and availability of a wide range of products at a competitive price. The online mode of sale segment is expected to grow at a CAGR of 14.1% during the forecast period.

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Based on end users, the market is segmented into men and women. The men segment accounted for 53.6% share of the eyewear market. However, the women eyewear segment is expected to grow at a faster rate, owing to the increased number of female working population and their growing interest in trendy eyewear products. New products are being launched by market players to cater to the fashion-conscious female consumers and to increase their market share.

Key Findings of Eyewear Market:

• The eyewear market is expected to exhibit notable growth during the forecast period due to growing aging population, changing lifestyle and increasing vision impairment
• In 2014, sunglasses segment accounted for 25.7% share of the overall eyewear market, owing to their increasing popularity
• Men eyewear is the highest revenue-generating segment in the end user segment of eyewear market
• The online store segment would register a higher growth in comparison with the retail stores, with an anticipated CAGR of 14.1% during the forecast period
• Asia-Pacific region would be one of the most profitable markets during the forecast period, registering a CAGR of 13.5% during 2015 – 2020

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Product launch and acquisition are the key growth strategies adopted by market players to increase their market share and expand their customer base. Essilor International S.A. collaborated with CNRS (the French National Centre of Scientific Research) for scientific research project to enable knowledge-sharing and develop innovative products like cosmetic and disposable contact lenses. The key companies profiled in the report, include Carl Zeiss AG, Essilor International S.A., GrandVision, Johnson & Johnson, Inc., Safilo Group S.p.A., Prada S.p.A., Luxottica Group S.p.A., Valeant Pharmaceuticals, Cooper Companies, Inc., and Fielmann AG.

Source: https://www.prnewswire.com/news-releases/eyewear-market-is-estimated-to-garner-1413-billion-globally-by-2020—allied-market-research-594947091.html

Factors such as technological advancement, price, and energy efficiency of hand dryers have significantly impacted the market growth. Automatic hand dryers have reduced the human interaction notably with improvement in consumer experience. Moreover, the reducing product prices facilitates their adoption across new areas such as educational institutes, office buildings, retail outlets, and public restrooms among others. However, rise in health concerns due to microbial cross-contamination and associated noise pollution issues are expected to hinder the market growth during the forecast period in some extent. Nevertheless, ongoing research and development to improve quality, energy efficiency, and reduction in noise is anticipated to increase the demand for hand dryers.

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Global hand dryer market is segmented based on type, mode of operation, end user, and geography. The market is segmented into two basic types-hot hand dryer and jet hand dryer. Hot hand dryers dominate in terms of volume owing to their low cost advantages. These are being increasingly installed at public restrooms, educational institutes, shopping malls, and others. However, the jet hand dryer segment would continue to maintain their leading position in terms of revenue generation with an increase in installation at commercial complexes, airports, hotels, and restaurants. Increased focus to avoid environmental loss with minimization of paper towels in commercial premises would help to fuel the market growth.

Depending on operation mode, the hand dryers are classified into push button and automatic. Fully automatic segment constitutes the highest market share owing to better convenience and consumer satisfaction. The growth of push button hand dryers would be supported by their demand from Asia-Pacific and LAMEA regions. Major end users of hand dryers include food processing and service industry, hotels, hospital and clinics, commercial complexes, and office buildings. Food processing and service industry leads the market followed by hotels in terms of market value. Healthcare premises such as hospitals and clinics would grow at the fastest CAGR of 15.1% during the forecast period owing to increased regulations pertaining to hygiene and cleanliness.

Geographically the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America and Europe lead with more than 3/5th share owing to high living standards and increased health concerns. However, Asia-Pacific and LAMEA regions would exhibit the comparatively higher growth due to improvement in infrastructure development and growth in awareness. In particular, Asia-Pacific region would show promising growth owing to notable demand from the countries such as China, India, Japan, and South Korea among others.

Key Findings of the Study:

• Hand dryer market witness significant growth across the globe with growth in awareness about hygiene and cleanliness among the populace.
• In 2014, hot hand dryers shared nearly 70% market volume due to their cost-effectiveness as compared to jet hand dryers.
• Food processing and service industry shares nearly 1/3rd market due to their increased installation at food parks, food outlets, and restaurants.
• European region constitutes the highest market share with prominent demand from UK, France, Germany, and Italy among others.
• Market players focus on product launch equipped with advanced features to meet the customer demands.

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Key players profiled in the report include World Dryer Corporation, American Dryer Inc., Dyson Ltd., Palmer Fixture, Bio Jetdrier, Mitsubishi Electric Corporation, Panasonic Corporation, Hokwang Industries, Excel Dryer Inc., and JVD SAS. These players focus on product launch to improvise their market share and take leading edge on the competitors. For instance, recently in April 2016, World Dryer Corporation, a leading global high-speed hand dryer manufacturer, has launched VERDEdri as per GRA’s environmental product endorsement standards. This energy-efficient hand dryer utilizes 950 watts with dry time of nearly 12 seconds.

Source: https://www.prnewswire.com/news-releases/hand-dryer-market-to-reach-1350-million-by-2022-globally-allied-market-research-596017981.html

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