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Friday 31 January 2020

What Was the Size of the Landscaping Products Market from 2019-2025

Landscaping Products Market Revenue Reach $91.9 Billion | Global Industry Report Forecast 2025 | Market Research Report

The global landscaping products market size is expected to reach USD 91.9 billion by 2025 registering a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Growing importance of outdoor spaces as lounge, entertainment area, outdoor kitchen, etc. is driving the demand for landscaping products, such as plants, water fountain, and gazebos. Renovating outdoor spaces not only brings aesthetics to the infrastructure but also increases its value, which is also one of the key factors responsible for rising demand for these products. Rapidly expanding real estate industry is also expected to have a positive impact on the market growth over the forecast period.

Thus, rise in the number of residential and commercial projects is supporting the growth of this market. In addition, increasing disposable income levels and awareness about these products in emerging countries are expected to boost the demand further. The residential application segment holds the largest market share and is expected to retain its leading position throughout the forecasted years owing to rising trend of outdoor kitchens etc. North America is projected to account for the largest market share by 2025 owing to rapidly expanding real estate market post-recession in 2008.

On the other hand, Asia Pacific is estimated to register the fastest CAGR from 2019 to 2025 due to growing target population, disposable income levels, and improving economic condition in the emerging countries of the region. Companies in landscaping products market are undertaking strategic initiatives, such as expanding product portfolio and merger and acquisition. For instance, in 2018, Ecodynamics, Australia’s largest landscaping products and services company, merged its sub-brands WeBlow, Aquaseeding, and Mossrock. The company now consists of four divisions spanning landscaping, mulch, services, and the nursery.
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Further key findings from the study suggest:
  • Planting material segment held the largest market share in 2018 and is expected to retain its market position over the forecasted period. Planting materials include plants, pots and planters, and grass seeds
  • Commercial sector is estimated to be the fastest-growing application segment owing to growing commercial sector across the globe
  • Moreover, rising focus on increasing the sustainability of the infrastructures will support the market growth in this segment
  • Key companies in the global landscaping products market are Griffon Corp.; Haddonstone Ltd.; Home Depot Product Authority LLC; Kafka Granite LLC; Lehigh Hanson, Inc.; and Anchor Block Company
Grand View Research has segmented the global landscaping products market on the basis of product, application, and region:

Landscaping Product Outlook (Revenue, USD Million, 2015–2025)
  • Ground Coverings
  • Planting Material
  • Hardscaping
  • Outdoor Specialties
Landscaping Products Application Outlook (Revenue, USD Million, 2015–2025)
  • Residential
  • Commercial

What Was the Size of the Coffee Beans Market from 2019-2025 | Market Research Report

Coffee Beans Market Revenue Reach $42.5 Billion | Global Industry Report Forecast 2025 | Market Research Report

The global coffee beans market size is expected to reach USD 42.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.7% over the forecast period. Increasing consumption of coffee across various regions and health benefits related to the beverage are the major factors for the growth of market. Moreover, increase in the number of coffee retail shops and cafes in India and China, coupled with rise in consumption of this beverage among different age groups, especially young generation, has driven the demand for these beans.

Arabica dominated the market in 2018 and is expected to maintain its lead in the forecast period. Arabic is the mostly consumed owing to its sweet taste and high presence of lipids. Robusta beans is expected to be the fastest growing segment due to growing demand from the pharmaceutical industry owing to high caffeine content. Many manufacturers are focusing on improving their product to produce better quality of coffee.
For instance, in 2019, Lavazza launched a new cold coffee brew, which is made up of robusta bean. Furthermore, Roadchef, a motor service company, had tied up with bio-bean to use the recycle waste coffee beans into fuel, which is expected to have a positive effect on the market growth over the forecast period.

North America was the largest regional market in 2018 due to growing demand for coffee vending machines at railway stations and other places. Furthermore, increasing popularity of this beverage among the working population is anticipated to make a reasonable contribution to the market revenue. Furthermore, increase in the number of coffee shops in Canada and U.S. has led to a rise in consumption of robusta and arabica beans in recent years.

MEA is estimated to expand at the fastest CAGR of 9.9% over the forecast period owing to increasing consumption of coffee. Moreover, penetration of various pharmaceutical companies such as Novartis and Allergan is expected to fuel demand for robusta and arabica beans over the forecast period. Asia Pacific is expected to witness substantial growth over the forecast period. Increasing number of franchise outlets, coupled with rise in demand from the pharmaceutical and cosmetic industries, is driving the market in the region.
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Further key findings from the report suggest:
  • By product, arabica dominated the global market with an overall revenue share of 61.2% in 2018. Robusta is anticipated to ascend at a CAGR of 7.4% over the forecast period
  • The food and beverages application segment held the largest share of more than 70.0% in 2018 owing to increasing number of coffee retail outlets in developing countries such as India and China
  • North America dominated the global market in 2018, accounting for 29.2% share of the overall revenue. This trend is projected to continue over the next few years
  • Middle East and Africa is anticipated to be the fastest growing market with a CAGR of 9.9% during the forecast period
  • Key players include Death Wish Coffee; Kicking Horse Whole Beans; Caribou Coffee; La Colombe Corsica Blend; Illycaff S.p.A.; Luigi Lavazza S.P.A.; Coffee Beans International, Inc.; La Colombe Torrefaction, INC.; and Hawaiian Isles Kona Coffee Company, Ltd.
Grand View Research has segmented the global coffee beans market by product, application, and region:

Coffee Beans Product Outlook (Revenue, USD Billion, 2015–2025)
  • Arabica
  • Robusta
Coffee Beans Application Outlook (Revenue, USD Billion, 2015–2025)
  • Pharmaceuticals
  • Food & Beverages
  • Cosmetics

Thursday 30 January 2020

What is the Polymer Modified Bitumen Market Size? | Polymer Modified Bitumen Market Share

Polymer Modified Bitumen Market Revenue Reach $13.34Bn | Global Industry Report Forecast 2022 | Market Research Report

The global polymer modified bitumen market is expected to reach USD 13.34 billion by 2022, according to a new report by Grand View Research, Inc. Increase in load bearing capacity and higher resistance to cracking & rutting leads to lower maintenance cost owing to the use of PMB, has resulted in driving growth. Addition of polymers to bitumen decreases the rolling resistance & road/tire noise thereby, improving fuel efficiency. Expansion of road networks globally to improve connectivity is expected to augment demand. Polymer modified asphalt was widely used for road construction accounting for over 70% of the global volume share in 2014.

The global demand for polymer modified bitumen was 9,888.1 kilo tons in 2014 and is expected to witness growth over the forecast period on account of rising number of infrastructure projects. Upgrading existing highways, widening existing roads and constructing new highways, particularly in Asia Pacific and MEA is expected to fuel growth.
U.S. polymer modified bitumen market revenue by application, 2012–2022, (USD Million)
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Further key findings from the report suggest:
  • Thermoplastic elastomer modified bitumen market was estimated at USD 5.13 billion in 2014. Thermoplastic elastomers when added to bitumen exhibits superior stiffness, elastic response, resistance to heat, and reduced temperature sensitivity. These properties of the product make it compatible for use in varied climatic condition.
  • Road construction application accounted for over 73.5% of the global market in 2014. Rising demand for PMB in road construction owing to its superior properties as well lower maintenance cost is expected to propel demand over the forecast period. Furthermore, rising infrastructure expansion particularly in MEA and Asia Pacific is likely to augment growth over the next seven years.
  • Asia Pacific accounted for over 25% of the global market in 2014 and is expected to witness immense growth in light of increased government spending for infrastructure development in China and India. Increasing focus on infrastructure development by India and China in their respective 12th Five Year Plans is expected to drive demand. Moreover, revival of the traditional “Silk Route” extending from China to Europe is expected to propel growth.
  • MEA is expected to witness a substantial growth in terms of volume at a CAGR of 8.8% from 2015 to 2022. Development of “green” cities by governments in the Middle East is expected to drive demand for PMB in roadway as well as roofing applications.
  • Key industry players include Total Oil India Pvt. Ltd., Benzene International Pte Ltd, Lagan Asphalt Group, Nynas AB, Royal Dutch Shell PLC, Exxon Mobil, Gazprom NEFT and Sika AG. These companies focus on R&D for product development to enhance their polymer modified bitumen portfolio.
Grand View Research has segmented the global polymer modified bitumen market on the basis of product, end-use and region:

Global Polymer Modified Bitumen Product Outlook (Volume, Kilo Tons; Revenue, USD Million;2012–2022)
  • Thermoplastic Elastomers
  • Plastomers
Global Polymer Modified Bitumen End-use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012–2022)
  • Road Construction
  • Roofing
  • Others

What is the Polychlorotrifluoroethylene Market Size? | Polychlorotrifluoroethylene Market Share

Polychlorotrifluoroethylene Market Revenue Is To Reach A Value Of $683.1 Million Forecast 2025| Market Research Report

The global polychlorotrifluoroethylene market size is expected to reach USD 683.1 million by 2025, according to a new report by Grand View Research, Inc., clocking in a 4.0% CAGR during the forecast period. Rising demand for polychlorotrifluoroethylene (PCTFE) in the aerospace industry to manufacture diaphragms, valve seats, and gaskets on account of its light weight and superior thermal resistance is likely to drive market growth.
Increasing penetration of PCTFE as moisture barrier films in the pharmaceutical industry is expected to positively impact the market over the forecast period. Furthermore, PCTFE films are extensively used in manufacturing blister packaging, thus promoting its use in the pharmaceutical industry.

PCTFE exhibits low gas and vapor permeability, high melt processability, low melting temperature, and superior cold flow characteristics. These properties make it ideal for injection molding and extrusion processes, by means of which PCTFE can be molded into a wide range of desired shapes and structures. As a result, expansion of molding industry is likely to have a positive impact on the PCTFE market.

High raw material cost and relatively lower production volumes of PCTFE as compared to its counterparts increases overall product cost. This factor has limited the penetration of PCTFE in application industries despite its inherent advantages. Furthermore, it exhibits low thermal and chemical resistance as compared to low-cost alternatives such as PTFE, which is expected to hamper market growth.
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Further key findings from the report suggest:
  • By application, the coatings segment is expected to register a CAGR of 4.1% over the projected period owing to rising demand for manufacturing electronic and aerospace components
  • Films was the largest application segment in 2016, accounting for 38.2% of the market owing to widespread use as a moisture barrier film in the pharmaceutical and electrical and electronics industry
  • By end use, the electrical and electronics segment is expected to exhibit the highest CAGR of 5.2% owing to high demand for PCTFE coatings and films in the manufacturing of printed circuit boards and semiconductors
  • Asia Pacific accounted for around 44.0% of the PCTFE market in 2016 and is expected to dominate over the forecast period on account of rapid growth of aerospace, pharmaceutical, and electronics industries
  • Several industry participants are expected to adopt production capacity expansion strategies to serve increasing consumer demand and gain a larger market share. Furthermore, presence of limited suppliers in the PCTFE industry reduces the bargaining power of buyers, resulting in lower price flexibility.
Grand View Research has segmented the global polychlorotrifluoroethylen market report on the basis of application, end use, and region:

Polychlorotrifluoroethylene Application Outlook (Revenue, USD Million, 2014–2025)
  • Films
  • Wires & Tubes
  • Coatings
  • Others
Polychlorotrifluoroethylene End-use Outlook (Revenue, USD Million, 2014–2025)
  • Pharmaceutical
  • Electrical & Electronics
  • Aerospace
  • Others

What is the China Hairbrush Market Size? | China Hairbrush Market Share

China Hairbrush Market Is Forecast To Reach $3.69 Billion By 2025 | Market Research Report

The UK hairbrush market is expected to reach USD 679.2 million by 2022, according to a new study by Grand View Research, Inc.
The hairbrush market is projected to be driven by the increase in population combined with rise in disposable income. The rise in disposable income has allowed people to spend on hair care and hairbrushes, more so than before. The consumer confidence and per capita disposable income will keep on rising as the unemployment rate continues to decline, offering consumers more discretionary income for hair care and hairbrushes.

The hairbrush market is also expected to be driven by the increase in the number of salons. Rise in the number of working women along with continuing interest in personal appearance is expected to increase the demand for salons. Growing demand for anti-aging treatments along with increasing spending on lifestyle needs are some of the factors furthering this trend. Increasing awareness of grooming among men combined with availability of globally trusted product brands are a few other factors leading to the increase in the number of salons.

The presence of a large number of local manufacturers may restrain market growth over the next seven years. A considerable number of consumers are unaware of the benefits of using the right product, and purchase these items through the unorganized sector. This impacts profitability of key manufacturers, since local products are readily available at lower costs.
China hairbrush market by application, 2012–2022 (USD Million)
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www.grandviewresearch.com/industry-analysis/hairbrush-market
Further key findings from the study suggest:
  • Hairbrushes are available in various designs serving different functions such as cushion, paddle, round, vented, and wet. They are primarily used by individuals and professionals for hair styling. Professional hair brush has high growth but has low penetration. Improvement in macroeconomic condition will lead to increase in number of salons and may also drive salon revenue, which is expected to drive professional brushes demand.
  • Regional demographic trends are expected to majorly impact the overall revenue growth. The number of households in china has increased from 160 million in 2002 to 260 million in 2012, and around 70% of these households represent the middle class population. The number of UK manufacturers expanding and entering the Chinese market is growing leading to the rapid economic growth and urbanization. Due to the presence of wide number of products available from other countries is contributing to the increase in the spending power of the population in the country.
  • Key players in the hairbrush market include AirMotion Pro, Conair, Braun, Babyliss, Crave Naturals, Denman, Hershesons, Kent, Mason Pearson, Tangle Teezer and Wet Brush. Distribution being a critical component for success, Conair collaborated with Capgemini to be Global Data Synchronization (GDS) complaint. The GDS technology is electronic synchronization of price, product, trading party data, which acts as a common platform for the global supply chain. GDS facilitates collaboration between manufacturers and retailers through the adoption of global trading standards. In March 2014, Denman announced the acquisition of U.S. based Bobby Company to add to its market share in the professional hairdressing sector.
Grand View Research has segmented the hairbrush market on the basis of application and region:

Hairbrush Application Outlook (Volume & Revenue, 2012–2022)
  • Personal
  • Professional

Wednesday 29 January 2020

What is the White Tea Market Size? | White Tea Market Share

White Tea Market Revenue Reach $2.23 Billion | Global Industry Report Forecast 2025

The global white tea market size is expected to reach USD 2.23 billion by 2025, according to a new report by Grand View Research. It is anticipated to expand at a CAGR of 6.1% during the forecast period. Rising awareness regarding maintaining healthy lifestyle is expected to promote the demand for white tea. Along with food and beverage, white tea extract finds application in cosmetic formulations, owing to their excellent antioxidant, anti-aging, and skin-soothing properties. Rapid rise of organic personal care market as a result of, inclination of cosmetic manufacturers toward natural ingredients, is projected to drive the demand for products such as white tea as a functional additive during the production of various cosmetic products.

As per the report published by the World Health Organization (WHO), diabetes was the seventh leading causes of death in 2016. It is recommended that moderate consumption of white tea results in reducing the occurrences of diabetes as it contains flavonoids. Furthermore, changing diet patterns and hectic lifestyle of the working class population have resulted in prevalence of obesity and related problems. Weight loss benefits of white tea are anticipated to encourage beverage manufacturers to increase the spending on its incorporation as a functional ingredient in various weight loss products.
Cosmetics and toiletries category is expected to expand at the CAGR of 4.3% from 2018 to 2025. Skin soothing antioxidant properties of the product drives the demand for skin care products made using white tea products. For example, the products launched by Korres Natural Products, Giovanni Cosmetics, and Kiss My Face among others.

Asia Pacific is anticipated to showcase significant growth in light of increasing number of health conscious consumers along with growing spending, especially in China and India. Furthermore, investment friendly government policies in these countries are expected to attract foreign companies to establish their strategic business units in these regions to address the domestic demand.
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Further key findings from the report suggest:
  • Organic products is projected to ascend at a CAGR of 7.5% from 2018 to 2025
  • Beverage application generated a revenue of exceeding more than USD 1 billion in 2018
  • Europe dominated the global market in 2018, with a share of 30.5%
  • The white tea market is competitive in nature with the presence of many private companies. Some of the major companies are Zhejiang Tea Group Co. Ltd.; Changsha Botaniex Inc.; Dilmah Ceylon Tea Company PLC.; Shaanxi Iknow Biotechnology Co. Ltd.; and Carrubba Inc.
Grand View Research has segmented the global white tea market on the basis of product, application, and region:

White Tea Product Outlook (Revenue, USD Million, 2015–2025)
  • Organic
  • Conventional
White Tea Application Outlook (Revenue, USD Million, 2015–2025)
  • Beverages
  • Cosmetics and toiletries
  • Pharmaceuticals

What is the Honey Market Size? | Honey Market Share

Honey Market Revenue Reach $14.4 Billion | Global Industry Report Forecast 2025 |  Market Research Report

The global honey market size is expected to reach USD 14.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.0% over the forecast period. Rising awareness among health conscious consumers regarding the health benefits associated with honey as it acts as a rich source of antioxidants is expected to be key factor boosting the market growth over the forecast period. Moreover, it is the best alternative for sugar as well as artificial sweeteners and is widely used for producing organic and low calorie food and beverage goods.

Food and beverages held the largest share of 71.4% in 2018 in terms of revenue as a result of rising concerns over harmful effects associated with artificial sweeteners and sugar. Moreover, the product is gaining popularity in the food and beverage industry on account of its nutritional benefits as well as its flavor.
Major manufacturers are adopting marketing strategies including new product launches, expansion of the distribution channel, and mergers and acquisitions in order to gain a competitive edge in the market. For instance, in April 2019, Wales Hilltop launched three exclusive range of products in the U.K. retail market namely Organic Fairtrade Honey, Manuka Honey, and core honey. These new product launches are expected to increase the product visibility and will encourage the people to adopt all-natural and organic products rather than harmful sugar.

Asia Pacific is expected to be the fastest growing market, expanding at a revenue-based CAGR of 8.5% from 2019 to 2025. Over the past few years, the major manufacturers have been increasingly investing in product development and adopting technologies in apiculture. For instance, in January 2018, Tureky-based Altıparmak got a funding of USD 4.98 million from the European Bank for Reconstruction and Development (EBRD) for the enhancement of innovations in apitherapy, honey production, and value chain improvement.
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Further key findings from the report suggest:
  • Demand for the online distribution channel was pegged at 410.2 kilo tons in 2018
  • By application, the personal care and cosmetics segment is expected to expand at the fastest CAGR of 8.3% in terms of revenue from 2019 to 2025
  • Demand in Europe is expected to reach 1.1 million tons by the end of 2025
  • Honey market key players include Beeyond the Hive; Dabur India Ltd.; Patanjali Ayurved; Capilano Barkman; Oha Honey LP; Bee Maid Honey Ltd.; Streamland Biological Technology Limited; and Dutch Gold.
Grand View Research has segmented the global honey market on the basis of application, distribution channel, and region:

Honey Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015–2025)
  • Food & Beverages
  • Personal Care & Cosmetics
  • Pharmaceutical
Honey Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015–2025)
  • Convenience Stores
  • Supermarket/Hypermarket
  • Online

What is the Dehydrated Garlic Market Size? | Dehydrated Garlic Market Share

Dehydrated Garlic Market Revenue Reach $2.9 Billion | Global Industry Report Forecast 2025 | Market Research Report

The global dehydrated garlic market size is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.3% over the forecast period. Dehydrated garlic has been gaining an increasing traction among the consumers on account of medicinal benefits including improvement in cholesterol levels, which lowers the risk of cardiovascular diseases. Furthermore, growing popularity of garlic products in soups and broth in food restaurants as it enhances the iron intake in human body and promotes kidney function is projected to have a strong impact in the near future. These products are available in the variants of raw solids to powder formats.

The granular and powder product type is expected to register the fastest CAGR of 3.2% from 2019 to 2025 in terms of volume. The coarse texture of these products is expected to promote the application in formulation of various cuisines including seafood, sauces, salad dressings, and Italian as well as Chinese dishes. Furthermore, growing popularity of barbeque dishes in developing economies including China and India is expected to expand the utility of granulated dehydrated garlic as a seasoning during dish serving in the near future.
Demand for chopped and minced products is expected to exceed 650 kilo tons by the end of 2025. Excellent freshness, strong flavoring characteristics, and long shelf life of minced product types as compared to other garlic counterparts are expected to expand the former’s utility in the preparation of various dishes including marinades and stews over the next few years.
Some of the key players operating in the global dehydrated garlic market are Apple Food Industries, AsianFood Export, Ganesh Dehy Foods, Garlico Industries Ltd., Harsh Impex, Jiyan Food Ingredients, KOHINOOR FOOD INDUSTRIES, Natural Agro Food, Nature Exports Co., and SHANDONG YUMMY Food Ingredients CO., LTD. Establishment of strategic partnerships with the food service companies in developing economies including China and India as a result of increasing spending by the working class population on dine-out is projected to remain a critical success factor in the near future.

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Further key findings from the report suggest:
  • By product, flakes and cloves are expected to generate a revenue of USD 1.4 billion by 2025
  • By application, the B2B sector accounted for more than 50.0% share of the global revenue in 2018
  • The online distribution channel is projected to account for 20.2% share of the global revenue by the end of 2025
  • Asia Pacific accounted for a volume share of more than 35.0% for the year 2018.
Grand View Research has segmented the global dehydrated garlic market on the basis of product, application, distribution channel, and region:

Dehydrated Garlic Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015–2025)
  • Granules & Powder
  • Flakes & Cloves
  • Chopped, Granulated & Minced
Dehydrated Garlic Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015–2025)
  • B2B
  • B2C
Dehydrated Garlic Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015–2025)
  • Online
  • Offline

Tuesday 28 January 2020

What is the Barbeque Grill Market Size? | Barbeque Grill Market Share

Barbeque Grill Market Revenue Reach $6.50 Billion | Global Industry Report Forecast 2025 | Market Research Report

The global barbeque grill market size is expected to reach USD 6.50 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.5% during the forecast period. Rising popularity of grilled food along with changing lifestyle and eating habits in emerging economies including China and India is expected to drive the market. Rising trend of having cookouts and grilled food on weekends and holidays, especially among young, middle-class, working population is anticipated to bode well for the product demand.

Electric barbeque grill segment is expected to witness a CAGR of 5.6% from 2019 to 2025. Rising awareness regarding conservation of conventional energy is driving the product demand. Product features such as automatic temperature adjustment and less smoke promote hassle-free cooking and are anticipated to drive the product demand during the next eight years.
Commercial application is expected to remain the leading segment over the forecast period. It accounted for more than 50% of the global market share in terms of revenue in 2018. A large number of restaurants, clubs, and outdoor camping service providers provide barbeque products. Increasing popularity of dining-out among middle-income groups from developing economies including China, India, Brazil, and Mexico is expected to promote the demand for barbeque grills in hotels and restaurants in near future.

North America generated the highest revenue of USD 2.8 billion in 2018. A large number of people own barbeque grills due to their passion for cooking and entertaining friends and families. Rising spending on barbeque products as a part of lifestyle in U.S. and Canada is expected to boost the product demand in near future.

Some of the key players operating in the barbeque grill market are The Coleman Company Inc.; Spectrum Brands, Inc.; The Middleby Corporation LLC.; Char-Broil LLC; Kenmore; Traeger; LANDMANN; Broilmaster; FIRE MAGIC; and Weber-Stephen Barbecue Products India Private Limited. Companies are investing in emerging markets including India and China to increase their revenue share. For instance, in March 2018, U.S. based barbeque grill manufacturer, Weber launched a gas grill Genesis II and an electric grill Q1400.

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Further key findings from the report suggest:
  • Gas products generated a revenue of USD 2.67 billion in 2018
  • Household application is expected to expand at a CAGR of 4.8% from 2019 to 2025
  • Asia Pacific is expected to be the fastest growing region in the barbeque grill market with a CAGR of 5.6% from 2019 to 2025
Grand View Research has segmented the global barbeque grill market on the basis of product, application, and region:

Barbeque Grill Product Outlook (Revenue, USD Million, 2015–2025)
  • Gas
  • Charcoal
  • Electric
Barbeque Grill Application Outlook (Revenue, USD Million, 2015–2025)
  • Household
  • Commercial

What is the Laundry Detergent Pods Market Size? | Laundry Detergent Pods Market Share

Laundry Detergent Pods Market Revenue Reach $12.37 Billion | Global Industry Report Forecast 2025 | Market Research Report

The global laundry detergent pods market size is expected to reach USD 12.37 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.6% during the forecast period. Increasing awareness about the benefits of laundry detergent pods such as excellent fabric protection and longevity along with excellent cleaning is anticipated to fuel the product demand. The composition of product is strong enough to remove stains and dirt but not harsh enough to the fabric.

Biological products generated a revenue of more than USD 3 billion in 2018. Rising concerns over adverse effects associated with synthetic detergents as they contain chemicals including phosphates which are considered non-biodegradable, is expected to promote the scope of application for biological capsules. Over the past few years, increasing emphasis is being given to reducing the greenhouse emissions in manufacturing sector on a global level as a result of implementation of environmental regulations by the regulatory bodies including the U.S. Environment Protection Agency (EPA). The environmental concerns are also expected to force the detergent manufacturers to use biological ingredients for their laundry detergent pods.

In March 2019, Unilever under its brand line Homey launched washing tablet available in recycled and recyclable packaging. The reasonably priced product is eco-friendly and can help reduce the pollution caused by the microfibers present in conventional products. In March 2019, Smol launched Super Concentrated Liquid Capsules. These products are claimed to be 100% vegan and are fragranced with essential oil.

Household application accounted for a leading market share of more than 60% in 2018 and is expected to continue the dominance over the next few years as majority of washing machine companies recommend using laundry detergent pods for the longer life of the machine. Increasing household income in countries including China and India is expected to expand the market size over the next few years.

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Further key findings from the report suggest:
  • Non-biological products generated a revenue of more than USD 5 billion in 2018
  • Commercial segment is expected to foresee a CAGR of 5.1% from 2019 to 2025
  • North America accounted for a share of more than 35% of the laundry detergent pods market in 2018
Grand View Research has segmented the global laundry detergent pods market on the basis of product, application, and region:

Laundry Detergent Pods Product Outlook (Revenue, USD Billion, 2015–2025)
  • Non-Biological
  • Biological
Laundry Detergent Pods Application Outlook (Revenue, USD Billion, 2015–2025)
  • Commercial
  • Household

What is the Nonstick Cookware Market Size? | Nonstick Cookware Market Share

Nonstick Cookware Market Revenue Reach $12.5 Billion | Global Industry Report Forecast 2025 | Market Research Report

The global nonstick cookware market size is expected to reach USD 12.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. Rising awareness regarding convenient cooking methods among the household consumers will promote the utility of non-stick cookware products.
Additionally, the number of fast food quick restaurants is increasing in developed economies including U.S. and Germany. As a result, spending on breakfast menu has been increased by companies including McDonald’s in order to cater to the working class consumers. This is expected to expand the market demand for nonstick pans and vessels over the next few years.
Ceramic coated products are expected to register the fastest CAGR of 6.8% from 2019 to 2025. Consumers are inclined towards non-reactive cookware such as ceramic coated cookware, which is majorly made from aluminum and helps in quick heat transfer. Furthermore, these products have the ability to withstand the temperature up to 2,700 degrees.

The supermarkets and hypermarkets segment emerged as the largest channel and generated a revenue of USD 5.4 billion in 2018. Consumers prefer to purchase through these channels on account of availability of various brands from a single window. Due to availability of a wide range of products, customers can save time, energy, and money to purchase all their required belongings under a single roof. Furthermore, these channels sell products on high discounts to the consumers as they cut down their operational expense.
Asia Pacific is expected to register the fastest CAGR of 6.0% from 2019 to 2025. Expansion in the population of middle-class income groups in developing countries including China, India, Pakistan, and Bangladesh is expected to remain a favorable factor, which, in turn, will promote the usage of nonstick cookware. Furthermore, product innovations in the aforementioned countries by key manufacturers including TTK Prestige and Hawkins are projected to expand the buyer’s reach in the near future.

Some of the key players operating in nonstick cookware market are TTK Prestige Limited, Newell Brands, Groupe SEB, Scanpan, Hawkins Cookers, All-Clad, Calphalon, Cuisinart, Cook N Home, and Tefal. Various manufacturers are concentrating on new product launches and technological innovations as well as collaborating with other companies to increase their product offerings.

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Further key findings from the report suggest:
  • Online distribution channel is projected to ascend at a CAGR of 7.0% from 2019 to 2025
  • Teflon coated products generated a revenue of USD 3.8 billion in 2018
  • Europe dominated the nonstick cookware market in 2018, accounting for more than 35.0% share of the overall revenue.
Grand View Research has segmented the global nonstick cookware market report on the basis of raw material, distribution channel, and region:

Nonstick Cookware Raw Material Outlook (Revenue, USD Million, 2015–2025)
  • Teflon Coated
  • Aluminum Coated
  • Enameled Iron Coated
  • Ceramic Coating
  • Others
Nonstick Cookware Distribution Channel Outlook (Revenue, USD Million, 2015–2025)
  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online

What is the Paper Shredders Market Size? | Paper Shredders Market Share

Paper Shredders Market Revenue Reach $2.9 Billion | Global Industry Report Forecast 2025 | Market Research Report


The global paper shredders market size is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.8% over the forecast period. The market is driven by consumer spending on disposal of highly secured documents to prevent them from theft, along with the rise in demand from the commercial sector. Moreover, drastic changes in the purchasing power of consumers in developing countries such as China and India are anticipated to boost the product demand over the forecast period.

The market is driven by high growth of private companies and demand for office products in Asia Pacific, along with rise in the sales of cost effective items used in the industry. The growth is attributed to growing working population, along with rise in the disposable income of consumers to accommodate paper shredding machines in industry. Moreover, introduction of efficient appliances and growth of the consumer and industrial sectors are anticipated to drive the demand in market.
A large number of manufacturers and distributors are entering into the market owing to increasing demand for shredders in the market. However, impact of e-commerce channels, rise in the number of convenience and specialty stores, cost effectiveness, and demand for shredding appliances for the disposal of secured data from consumers provide a huge opportunity for growth of the market.

The paper shredder market in Asia Pacific is anticipated to witness significant growth in the coming years due to growth of the commercial sector having a huge product demand, along with increasing number of launches in the market. Moreover, rise in the sales observed due to the stabilizing economic conditions in Asia Pacific countries is likely to boost the demand for products over the forecast period. However, rise in the number of domestic manufacturers in the segment due to a wide consumer base and demand has driven the market.
Growing consumer awareness regarding shredding paper products, along with impact of leading players, is resulting in lowering of the labor force in the industry. Moreover, the fact that it provides security to confidential documents in the large government and commercial spaces will fuel its demand in the market. Rise in company developments such as product launches and awards and recognitions is also driving the market.
The market is recognized by a few initiatives such as launches, mergers, online sales, limited extension, and developments. Key players in the business include Fellowes, Inc.; Krug + Priester GmbH & Co. KG; ACCO Brands; Intimus Shredder; HSM GmbH + Co. KG; Elcoman Srl; Dahle North America, Inc.; and Martin Yale Industries.
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Further key findings from the report suggest:
  • In terms of revenue,micro-cut products are projected to ascend at a CAGR of 9.0% over the forecast period
  • Offline channel dominated the global paper shredders market with an overall share of 86.3% in 2018
  • North America dominated the global market in 2018, accounting for 38.8% share of the total revenue. This trend is projected to continue over the next few years
  • The paper shredder market in Asia Pacific is anticipated to witness growth due to increasing disposable income in India, South Korea, China, and Japan
  • The industry is highly competitive in nature with the main players including Fellowes, Inc.; Krug + Priester GmbH & Co. KG; ACCO Brands; Intimus Shredder; and HSM GmbH + Co. KG
  • Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.
Grand View Research has segmented the global paper shredders market on the basis of product, distribution channel, and region:
Paper Shredders Product Outlook (Revenue, USD Billion, 2015–2025)
  • Strip-cut
  • Cross-cut
  • Micro-cut
Paper Shredders Distribution Channel Outlook (Revenue, USD Billion, 2015–2025)
  • Online
  • Offline