Wednesday 24 January 2024

Window Treatment Industry Offers Smart Technologies And Sustainable Style Options

 Window Treatment Industry Data Book

 

Global window treatment industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

 

The window treatment industry was valued at USD 30.71 billion in 2022 and is estimated to witness a CAGR of 8.0% during 2023 to 2030. 

 

Blinds And Shades Market Report Highlights

 

The blinds and shades industry was valued at USD 13.11 billion in 2022 and is estimated to witness a CAGR of 8.2% during 2023 to 2030. Blinds and shades offer precise control over the amount of natural light entering a room. Consumers appreciate the ability to adjust the slats or fabric to achieve the desired level of brightness or darkness. This allows for the creation of a comfortable and well-lit environment for various activities, such as working, relaxing, or sleeping, resulting in increasing adoption among consumers.

 

Moreover, the growth in the interior decoration sector is projected to fuel demand for blinds & shades throughout the forecast period. Due to the rise of residential and commercial buildings, there is an increasing need for new houses, as a result of increasing population growth, likely favoring the growth of the market. According to a report published by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, around 1,392,300 residential units were finished in 2022. This is 3.8% more than the total of 1,341,000 for 2021. 

 

Curtains Market Report Highlights

 

The curtains industry was valued at USD 10.42 billion in 2022 and is estimated to witness a CAGR of 8.0% during 2023 to 2030. Curtains are a traditional way to cover windows, thereby these products are widely popular among consumers looking for economical options. Moreover, the rise of smart homes has led to the integration of advanced technology into everyday items, enhancing convenience and automation. In response, key players in the home automation industry are introducing innovative products like smart curtains and drapes. For instance, in August 2022, Xiaomi launched Xiaomi Mijia Smart Curtain Motor 1S which can be controlled using the Mijia app, and accompanying remote control, with voice command or even a gentle tug to start the motor.

 

Moreover, consumers are driven by the desire to enhance the overall aesthetics and style of their living spaces. Consumers are opting for curtains that complement their interior design theme, color scheme, and personal taste. The curtains' appearance, patterns, textures, and fabric choices play a crucial role in meeting consumers' aesthetic preferences is another factor driving the adoption of curtains among consumers. In addition, consumers value curtains that serve multiple functions. Curtains that offer both privacy and light control, along with other features like thermal insulation or noise reduction, are gaining popularity among consumers. 

 

Shutters Market Report Highlights

 

The shutters industry was valued at USD 7.16 billion in 2022 and is estimated to witness a CAGR of 7.6% during 2023 to 2030. Shutters offer a classic and timeless aesthetic appeal to the overall appearance of both interior and exterior spaces, adding a touch of elegance and sophistication. Consumers are drawn to the unique and stylish look of shutters, which can complement various architectural styles and interior design themes. The demand for shutters is rising due to their aesthetic appeal and the introduction of innovative products, such as motorized shutters.

 

Moreover, motorized shutters are gaining popularity among tech-savvy consumers as they are controllable through remote, smartphone, and voice control devices. Consumers who prefer a beachy or colonial look, opt for shutters. Shutters include adjustable slats that allow users to manage the amount of light and privacy while maintaining visibility outside. These features are majorly preferred by individuals who prefer the view from their windows while keeping some privacy. Shutters are available in several materials including fabric, glass, wood, and vinyl. 

 

Order your copy of Free Sample of “Window Treatment Industry Data Book - Blinds & Shades, Curtains and Shutters Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research 

 

Competitive Landscape

 

Key players operating in the Window Treatment Industry are –

• Hunter Douglas
• Lotus & Windoware, Inc.
• Bombay Dyeing
• Insolroll
• Mariak
• Welspun India Limited
• Skandia Window Fashions
• MechoShade Systems, LLC
• Lafayette Interior Fashions
• Comfortex Window Fashions
• Springs Window Fashions
• Vertilux Corporation
• Norman Window Fashions
• Graber
• Timberlane
• Eclipse Shutters
• Elite Window Fashions
• Maxxmar Window Fashions
• Roll-A-Shade Inc.
• Shuttercraft Ltd

Tuesday 23 January 2024

Innerwear Industry: The Rise of Performance Innerwear for the Active Lifestyle

 Innerwear Industry

 

Global innerwear industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.


The global innerwear market size was estimated at USD 203.72 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030.

 

Top Innerwear Market Growth and Trends


The global top innerwear market size was estimated at USD 82.46 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030. Top innerwear, such as bralettes and camisoles, are often designed to be stylish and can double as outerwear, giving people the option to showcase their innerwear as part of their outfits. Top innerwear has gained popularity and wider acceptance in recent years. This shift can be attributed to changing fashion trends, increased body positivity and inclusivity, and the desire for comfort and versatility in clothing choices.

 

The acceptance of top innerwear as a fashion statement is also reflected in the rise of lingerie-inspired fashion trends, and this trend has been seen on fashion runways, in street style, and on social media platforms, further contributing to the normalization of wearing innerwear as outerwear. The availability of a wider range of sizes, styles, and designs has made top innerwear more accessible to individuals with different body types.

 

Bottom Innerwear Market Growth and Trends


The global bottom innerwear market size was estimated at USD 102.91 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. Bottom innerwear held the largest share of the overall innerwear market. Bottom innerwear refers to undergarments worn on the lower half of the body, including underwear, shapewear, and other types of intimate apparel. Bottom innerwear has gained significant popularity and attention among users in recent years. The focus on comfort, functionality, and personal style has led to an increased interest in different types of bottom innerwear. Brands have also expanded their offerings to cater to a broader range of body types, providing more inclusive options and styles.

 

Panties come in a wide range of styles, including briefs, bikinis, hipsters, thongs, and boyshorts. Each style differs based on coverage, rise, and fit. It allows individuals to choose the style that best suits their comfort and aesthetic preferences. Leggings are form-fitting, stretchy bottoms that cover the legs and are typically made of spandex or a blend of spandex and other fabrics. Both panties and leggings are popular bottom innerwear choices that offer comfort and style. Panties are primarily underwear designed for coverage and hygiene, while leggings provide coverage for the legs and can be worn as standalone bottoms or for layering.

 

Thermals and Baselayers Market Growth and Trends 


The global thermals and baselayersmarket size was estimated at USD 18.35 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2030. Thermals and base layers are specialized types of innerwear designed to provide insulation and regulate body temperature in cold weather or during outdoor activities. Thermals are typically made from thermal fabrics such as Merino wool, synthetic blends, or cotton blends, whereas base layers are generally made from technical fabrics like polyester, nylon, or Merino wool. Both thermals and base layers play an essential role in providing comfort and regulating body temperature in cold weather or during outdoor activities. They provide insulation, moisture management, and breathability to ensure optimal performance and comfort.

 

Thermals and base layers are projected to grow at a CAGR of 7.0% over the forecast period, driven by the increasing popularity of activities like hiking, skiing, camping, and other winter sports.

 

Order your copy of Free Sample of “Innerwear Industry Data Book - Top Innerwear, Bottom Innerwear and Thermals & Baselayers Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Competitive Landscape


Key players operating in the Innerwear Industry are –


• Hanesbrands Inc.
• Berkshire Hathaway Inc. (Fruit of the Loom)
• PVH Corp.
• Jockey International Inc.
• icebreaker
• Minus33 Merino Wool Clothing
• American Eagle Outfitters, Inc.
• Ralph Lauren Corporation
• Wacoal Holdings Corporation
• Spanx, LLC
• Victoria's Secret
• Calvin Klein
• Marks and Spencer plc
• Rupa & Co.
• Calida Group
• Enamor
• Princess TamTam
• Wolford Shop
• VIP Clothing Ltd.
• S.K. Garments.
• Dollar International
• Bodycare Creations
• Triumph International
• Yandy LLC
• MAS Holdings
• Group Chantelle
• AEO Management Co.
• Under Armour, Inc.
• RibbedTee
• Perry Ellis

Biobanking Industry | Hidden Engine of Medical Research From Samples to Solutions

 Biobanking industry data book

 

Global Biobanking Industry databook is a collection of market sizing & forecasts insights, market dynamics & trends, opportunity assessment, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses studies. Within the purview of the databook, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.The following data points will be included in the final product offering in four reports and one sector report overview.   

 

Biobanks Market Growth & Trends

 

Biobanks market was valued at USD 66.06 Billion in 2021 with CAGR of 4.6% during 2022-2030. Biobanks market has been into existence since more than 60 years and it continues to evolve with introduction of new technologies such as NGS and increased focus on regenerative medicine. The collective popularity of precision/personalized medicine and genetic testing has been a key driver of the global biobanks market. Biobanks have been playing a significant role in biomedical research. Over the past few decades, there have been a number of advances in platforms and tools used in genetic studies. This has led to an increase in demand for biospecimens from clinical labs to develop assays and tissue models for genetic testing. 

 

Biobanking of samples provides an opportunity to understand the genetic foundation of diseases. Biobanks aid in drug discovery, in development of personalized medicine and therapies as they provide sample collection, storage, and distribution services. The Biobank data can be used to translate the genetic discoveries into practical personalized treatments.


Cell Banking Outsourcing Market Growth & Trends

 

Cell banking outsourcing market was valued at USD 9.86 billion in 2021 with CAGR of 16.39% during 2022-2030. In cell banking outsourcing market, master cell banking accounted for the largest share of 64.7% in 2021 owing to their preparation being a prerequisite for production and usage of working cell banks. Master cell banking is done for longer duration and it also requires high-end equipment and advanced cryopreservation methodologies. As a result, cost incurred for these services is quite high, thus increasing the revenue share of this segment. 

 

Some of the major factors driving the market growth include increasing adoption of stem cell therapy, development of advanced cryopreservation and cell banking methodologies, and high demand for mAbs and other life-saving biopharmaceuticals. Furthermore, increasing government support and new initiatives for the development of stable cell lines along with development of new technologies for better cell line storage and characterization are some key factors pushing the market growth during the assessment period.

 

Order your copy of Free Sample of “Biobanking Industry Data Book - Biobanks, Cell Banking Outsourcing, Cord Blood Banking Services, DNA & RNA Banking Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research 


Cord Blood Banking Services Market Growth & Trends

 

Cord blood banking services market was valued at USD 35 billion in 2021 with CAGR of 11.0% during 2022-2030. In cord blood banking services market, private banking services segment held the largest market share with more that 90% of the market. This segment is expected to maintain its dominance because of the entry of new market players in the developing region. The public banking segment is expected to grow at a relatively slow rate. These type of banks are mostly found in developed regions. However, the hybrid banks segment is expected to exhibit fastest growth over the forecast period.

 

Private banks comprise industry participants that offer cord blood banking services for a particular individual and their family members. This service is provided at a substantial fee that is either charged in one go or may be divided into annual fee over the total duration of storage. Services offered by private cord blood banks include long-term storage of cord blood components that are to be used by donors or relatives when needed, which involves high service cost. Currently, major private banks are expanding their businesses by implementing strategies such as geographical expansion, affordable pay packages, and expanding their services offerings. 

 

Competitive Landscape


Key players operating in the Biobanking Industry are –


• DANAHER CORPORATIONDANAHER CORPORATION
• Tecan Trading AG.
• THERMO FISHER SCIENTIFIC, INC.
• QIAGEN
• MERCK KGAA
• HAMILTON COMPANY
• BECTON, DICKINSON AND COMPANY
• AVANTOR
• PROMOCELL GMBH
• BIOCISION
• CHARLES RIVER LABORATORIES
• BIOVAULT FAMILY
• LONZA GROUP AG
• BIO RELIANCE
• STEMCELL TECHNOLOGIES INC.
• BIO OUTSOURCE (SARTORIOUS)
• BSL BIOSERVICE
• CRYO-CELL INTERNATIONAL, INC
• COVANCE
• GLOBAL STEM INC.
• GOODWIN BIOTECHNOLOGY INC.
• SGS LIFE SCIENCES
• CHINA CORD BLOOD CORPORATION
• CORD BLOOD AMERICA, INC.
• CBR SYSTEMS, INC.
• CRYO-SAVE AG
• LIFEFORCE CRYOBANKS
• NATIONAL CORD BLOOD PROGRAM
• VIACORD, INC.
• VIRGIN HEALTH BANK
• EASYDNA

Monday 22 January 2024

The Musical Instruments Industry In Tune With The Times

 Musical Instruments Industry

 

Global musical instruments industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

 

The global musical instrument market size was worth USD 14,117.9 million in 2022 and it is expected to expand at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2030. The increasing interest in music and its widespread popularity across the globe have fueled the demand for musical instruments. Furthermore, the growing number of music enthusiasts, both amateurs & professionals, has significantly contributed to the market growth. 

 

Percussion Instruments Market Growth & Trends

 

The global percussion instrument market size was worth USD 14,117.9 million in 2022 and it is expected to expand at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2030. Percussion instruments are primarily responsible for establishing rhythm and groove in music. Their dynamic and rhythmic qualities make them indispensable in various genres such as jazz, Latin, Afro-Cuban, pop, and world music. The captivating energy and rhythmic drive provided by percussion instruments have contributed to the growth in their popularity.

 

These instruments are often used in group settings such as bands, orchestras, and ensembles, where individuals collaborate and synchronize their rhythms. Band and orchestra programs in schools, colleges, and community settings provide a platform for musicians to come together and perform as a collective ensemble. The increasing participation and emphasis on such programs are expected to drive the sales of percussion instruments, as these instruments establish the rhythmic foundation of a musical piece and add texture and dynamics to the overall sound. Furthermore, musicians, both beginners and experienced, recognize the importance of percussion in creating a well-rounded and engaging performance, further contributing to the increased sales of percussion instruments and driving the percussion instruments market.

 

Stringed Instruments Market Growth & Trends

 

The global stringed instrument market size was worth USD 8,958.3 million in 2022 and it is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. The stringed instruments market held the largest market share in the overall musical instruments market. This growth is primarily driven by the increased sales of electric guitars. Electric guitars have gained immense popularity among musicians and enthusiasts for their distinct and versatile sound, well-suited for various music genres such as rock, pop, blues, and jazz. The unique tonal characteristics and the ability to manipulate sound using effects pedals and amplifiers have made electric guitars essential in modern music production. These factors have significantly contributed to the sales of electric guitars, thereby driving the overall stringed instruments market’s growth.

 

Moreover, technological advancements have played a significant role in the growth of stringed instruments. Innovations in manufacturing processes, materials, and instrument design have improved the quality, playability, and durability of these instruments. Additionally, advancements in amplification and sound processing technologies have enhanced the capabilities and versatility of electric and acoustic-electric stringed instruments, making them more appealing to a broader range of musicians.

 

Order your copy of Free Sample of “Musical Instruments Industry Data Book - Stringed, Percussion, Wind and Keyboard Instruments Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Wind Instruments Market Growth & Trends

 

The global wind instrument market size was worth USD 1,310.9 million in 2022 and it is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030. The increasing adoption of wind instruments across diverse musical genres is contributing to the growth of the wind instrument market. For instance, in the jazz genre, the saxophone continues to be a prominent instrument, with renowned musicians incorporating its soulful tones into their compositions. Similarly, in contemporary pop and rock music, wind instruments such as the trumpet and flute are gaining popularity for their unique and expressive qualities. This trend not only expands the market reach of wind instruments but also creates new opportunities for instrument manufacturers and retailers.

 

Modern wind instruments incorporate improved materials, manufacturing techniques, and design features that enhance playability and sound quality. For instance, the development of advanced key mechanisms and ergonomic designs in saxophones and clarinets has made them more accessible to musicians of all skill levels. These technological advancements attract both beginners and professionals who are seeking instruments that are easier to play and offer enhanced performance capabilities, thus contributing to the growth of the wind instrument market.

 

Keyboard Instruments Market Growth & Trends

 

The global keyboard instrument market size was worth USD 2,843.5 million in 2022 and it is expected to expand at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. Advancements in technology have revolutionized the keyboard instruments market. Digital keyboards now offer a wide range of features, including realistic piano sounds, multiple instrument voices, recording capabilities, and built-in learning tools. These technological advancements have made keyboards more accessible and appealing to beginners and professionals alike, contributing to market growth.

 

The availability of learning resources and educational programs has contributed to the increased demand for keyboard instruments. Many music schools and online platforms offer comprehensive courses and tutorials tailored for beginners, making it easier for aspiring musicians to start their learning with keyboards. Additionally, music stores often organize workshops and demo sessions to engage potential buyers and assist them in making informed decisions about their instrument purchase, thereby driving the keyboard instruments market. For instance, in April 2022, the National Keyboard Studies Programme announced an initiative that offers school children in the UK the opportunity to learn melodica. This program aims to provide low-cost music education to children by utilizing this inexpensive and low-maintenance instrument. 


Go through the table of content of Musical Instruments Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Competitive Landscape

 

Key players operating in the Musical Instruments Industry are –


• Casio Computer Co., Ltd.
• C.F. Martin & Co., Inc.
• D'addario & Company, Inc.
• Eastman Music Company
• Fender Musical Instruments Corporation
• Kawai Musical Instruments Mfg. Co., Ltd.
• Yamaha Corporation
• Yanagisawa Wind Instruments Co., Ltd.
• Steinway Musical Instruments, Inc.
• Ludwig Drums
• ROLAND MEINL MUSIKINSTRUMENTE GMBH & CO. KG
• Jupiter Band Instruments, Inc.
• Pearl Musical Instrument Company
• Roland Corporation
• Buffet Crampon SAS
• The Avedis Zildjian Company
• Paiste AG

Wednesday 17 January 2024

Camping and Caravanning Industry: Trends, Growth, and Future Outlook

  Camping and Caravanning Sector Outlook

 

Global camping and caravanning sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research. 

 

The economic value generated by the camping and caravanning industry was estimated at approximately USD 53.12 billion in 2022. This economic output is an amalgamation of businesses that are involved in the service of caravan parks & campgrounds, and recreational & vacation camps.

 

Caravan Parks & Campgrounds Market Growth & Trends

 

The economic value generated by the caravan parks & campgrounds  industry was estimated at approximately USD 23.63 million in 2022, expanding at a CAGR of 10.8% during 2023 to 2030.. Caravan parks and campgrounds provide an ideal setting for individuals and families to connect with nature, enjoy outdoor activities, and unwind from the demands of everyday life. This increasing interest in outdoor pursuits has significantly contributed to the growth of caravan parks and campgrounds. Moreover, the growing trend towards affordable travel options. Caravan parks and campgrounds offer a cost-effective alternative to traditional forms of accommodation such as hotels and resorts. With the rising cost of travel and accommodation, many travelers are opting for more budget-friendly options, making caravan parks and campgrounds an attractive choice.

 

The 30-54 age group, which is the most active group in terms of participating in organized camping and caravanning events holds a majority share of the caravan parks & campgrounds market. The increased emphasis on health and wellness, and the growing demand for affordable vacation options among this age group is driving the market growth. By prioritizing health and wellness, this age group seeks opportunities to engage in outdoor activities and connect with nature, which camping and caravanning readily provide. Moreover, the affordability of these vacation options makes them an attractive alternative for families looking to create enjoyable and cost-effective travel experiences.

 

Recreational & Vacation Camps Market Growth & Trends


The economic value generated by the recreational & vacation camps industry was estimated at approximately USD 29.47 billion in 2022, expanding at a CAGR of 10.2% during 2023 to 2030. The trend of seeking unique and experiential vacations is on the rise among travelers. Recreational and vacation camps offer opportunities for individuals to engage in various activities, such as adventure sports, team-building exercises, and nature exploration. Moreover, with increasing environmental awareness, travelers are actively seeking sustainable vacation options. Recreational camps are adopting eco-friendly practices such as waste reduction, energy conservation, and nature preservation. This is expected to accelerate market growth over the forecast period.

 

The 30-54 age group's participation in recreational and vacation camps is driven by their focus on health and wellness, the need for stress relief and work-life balance, the desire for family-oriented vacations, the pursuit of skill development and personal growth, the importance of social interaction and community building, and the yearning for personal fulfillment and adventure-seeking experiences. These factors contribute to the significant engagement of this age group in recreational and vacation camps.

 

Order your copy of Free Sample of “Camping and Caravanning Industry Data Book - Caravan Parks & Campgrounds and Recreational & Vacation Camps Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research 

 

Competitive Landscape


Key players operating in the Camping and Caravanning Industry are –


• Sun camp holidays
• Hip Camp, Inc.
• Recreation.gov
• Harvest Hosts
• MAKEMYTRIP PVT. LTD
• EUROPEAN CAMPING GROUP
• Camp Nab
• Thousand Trails
• KAMPGROUNDS OF AMERICA, INC.
• International Palamos
• Bourne Leisure Holdings Limited
• Fallen Rock RV Parke & Campground
• The Golden Nugget RV Park
• Normandy Farms
• Jellystone Park
• Discovery Parks Private Limited
• Siblu

Pet Care Industry - Humanization And The Rise Of Premium Products

Global pet care industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research. 

 

The global pet care market  to account for USD 159.10 billion in 2022, growing at a cumulative rate of 5.1% over the forecast period. The primary growth drivers are the growing trend of pet humanization and rising consumer spending in the household and pet care sectors. Due to their ease of humanization and indulgence compared to larger creatures, people are also choosing to adopt small pets (cats, dogs, etc.). People are therefore prepared to invest more to guarantee that their pets receive the greatest care. Consequently, items for caring for pets, such as feeders, bowls, and waterers, have gained popularity.


Pet Product Market Growth & Trends


The global pet care market  to account for USD 84.26 billion in 2022, growing at a cumulative rate of 4.6% over the forecast period. The mainstream media outlets throughout the world have paid a lot of attention to the humanization of pets. A significant and defining trend in the pet food industry, particularly in industrialized nations, is the transition from pet ownership to pet parenting. In affluent nations, more than one-third of families have a pet. According to the National Pet Owners Survey (2019-20), which was done by the American Pet Products Association (APPA), more than 85 million U.S. households have one or more pets, with dogs making up the bulk of those. Thus, it is projected that the pet food sector would grow as pets become more humanized.

 

The basic hygiene requirements of companion animals are principally responsible for the dominance of the pet grooming product market. The product’s specific formulation for pet care, which is intended to clean, condition, and deodorize the skin and hair of companion animals. Additionally, producers have created medicated shampoos with distinct compositions to address a variety of skin conditions and illnesses in companion animals.  


Pet Food Market Growth & Trends


The global pet food market size is expected to reach USD 72.27 billion in 2022 to expand at a CAGR of 5.6% from 2023 to 2030 as per the new report by Grand View Research, Inc. In response to the rise in pet parenting, pet food manufacturers are now advertising expensive products to pet owners. Some of the key reasons propelling the market growth include an increase in per capita disposable income, the tendency toward nuclear families, and the rapid acceleration of humanization. Pet parents typically use packaged nutritious food to give their animals enough nutrients.

 

Functional foods are favored by pet owners above other treats because they provide their animals with extra health benefits. Major industry participants are creating new useful treats to satisfy pet owners' desires as a result of this trend. For instance, Hill's Pet Nutrition launched an innovative line of functional dog treats in 2019 that have been developed specifically to help dogs with weight, mobility, food allergies, and dental issues. 

 

Order your copy of Free Sample of “Pet Care Industry Data Book - Pet Product, Pet Food and Pet Supplements Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Pet Supplements Market Growth & Trends


The global pet supplements market was valued USD 2.57 billion in 2022, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 4.2% from 2023 to 2030. Pet supplements include vital nutrients that support a stronger immune system and lower the risk of diabetes, cancer, inflammation, heart disease, and other illnesses. Additionally, supplements like fish oil, biotin, and amino acids promote skin health and strengthen resistance to common issues like bacterial infection, itchy skin, and environmental allergies. By giving antioxidants like vitamin E, vitamin C, L-carnitine, and coenzyme Q-10, they also help with cognitive development.

 

Powdered supplements are simpler to take, easier to mix into food and drink, and more quickly absorbed than tablets or pills. These elements are anticipated to improve product visibility among pet owners, leading to an increase in powder-based products over the course of the forecast period. A variety of powder-based products are offered by major companies. For instance, NOW Foods sells powdered pet supplements that promote the health of both cats’ and dogs' circulatory systems. 

 

Key players operating in the Pet Care Industry are –


• Ancol Pet Products Limited
• Blue Buffalo Co., Ltd.
• Champion Petfoods LP
• Hill`s Pet Nutrition, Inc.
• Mars, Incorporated
• Nestle Purina PetCare
• Petmate Holdings Co
• Saturn Petcare GmbH
• Tail Blazers
• The Hartz Mountain Corporation
• Total Alimentos SA
• WellPet LLC
• Diamond Pet Foods
• Bayer AG
• NOW Foods
• Food Science Corporation
• Ark Naturals
• Zoetis Inc.
• Nutramax Laboratories, Inc.
• PetHonesty
• Zesty Paws

Tuesday 16 January 2024

Licensed Sports Merchandise Industry: The Booming Business of Sports Fan Apparel and Collectibles

 Licensed Sports Merchandise Industry Data Book

  

Global licensed sports merchandise industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.


The economic value generated by the licensed sports merchandise industry was USD 21,806.0 million in 2022 and is expected to grow at a CAGR of 5.2% during 2023 to 2030. 

 

Licensed Sports Apparel Market Growth and Trends


The economic value generated by the licensed sports apparel industry was USD 8,499.8 million in 2022 and is expected to grow at a CAGR of 5.4% during 2023 to 2030. The continuous innovation and introduction of new designs, materials, and technologies in sports apparel by manufacturers is a key factor driving the market growth. Advanced fabrics that offer comfort, performance-enhancing features, and stylish designs contribute to the popularity of licensed sports apparel. Incorporating cutting-edge technologies like moisture-wicking, temperature regulation, and compression attracts consumers, further driving the market growth. In addition, licensed sports apparel has become increasingly integrated into fashion and lifestyle trends. Sports jerseys, caps, sneakers, and athleisure wear have become popular streetwear and casual wear options. This broader acceptance and incorporation of licensed sports apparel into everyday fashion contribute to its growth and appeal among sports enthusiasts.

 

The rise of social media platforms has transformed the way fans engage with sports and apparel-related content. Athletes, influencers, and celebrities with large social media followings promote licensed sports apparel through sponsored posts and endorsements. These digital marketing strategies enhance visibility and create a desire among fans to own and wear the endorsed apparel. Additionally, licensed sports apparel often includes exclusive merchandise and limited-edition items. These products may feature special designs, commemorative elements, or unique collaborations, making them highly sought after by collectors and avid fans. Limited availability and the desire to own rare and distinctive apparel contribute to the market's growth.

 

Licensed Sports Footwear Market Growth and Trends


The economic value generated by the licensed sports footwear industry was USD 3,339.6 million in 2022 and is expected to grow at a CAGR of 6.1% during 2023 to 2030. Licensed sports footwear is designed to enhance athletic performance. Footwear brands invest in research and development to incorporate advanced technologies, cushioning, stability, and traction features that improve comfort and performance, attracting athletes, sports enthusiasts, as well as sports fans increasing their adoption among them thus driving the market growth. In addition, nostalgia-driven designs and retro collections have a strong influence on the licensed sports footwear market. Footwear brands often release special editions and reissues of classic models and colorways associated with iconic sports moments or teams from the past. The nostalgia factor attracts fans who seek to relive sports history, contributing to the demand for licensed sports footwear.

 

Licensed sports footwear benefits from the reputation and quality assurance associated with established footwear brands. Consumers trust renowned brands for their expertise in designing and producing high-quality footwear thus driving the market growth. Moreover, sneaker culture, driven by collectors and enthusiasts, has extended to the licensed sports footwear market. Limited-edition releases, collaborations, and unique designs generate excitement among sneaker collectors and resellers. The collectability factor, driven by exclusivity and rarity, fuels demand and drives up the value of licensed sports footwear in the secondary market. 

 

Order your copy of Free Sample of “Licensed Sports Merchandise Industry Data Book - Licensed Sports Apparel, Licensed Sports Footwear and Licensed Sports Toys & Games Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research  

 

Licensed Sports Toys and Games Market Growth and Trends


The economic value generated by the licensed sports toys and games industry was USD 9,966.6 million in 2022 and is expected to grow at a CAGR of 4.7% during 2023 to 2030. Licensed sports toys and games encourage role-playing and imaginative play. Children usually pretend to be their favorite athletes, coaches, or sports commentators, fostering creativity and enhancing their understanding of the sport. In addition, licensed sports toys and games often feature collectible elements such as trading cards, figurines, and memorabilia. The collectability factor appeals to fans and collectors who seek to own items associated with their favorite teams, players, and moments in sports history. The desire to build collections and own unique memorabilia drives the demand for licensed sports toys and games.

 

Licensed sports toys and games encourage social interaction and team play. Whether it's a board game, a mini basketball hoop, or a foosball table, these products bring people together, fostering camaraderie, competition, and shared experiences centered around sports. Moreover, these products are also popular gift choices, particularly during festive seasons and birthdays. Parents, family members, and friends often purchase these products as presents for young sports fans, fueling demand in the market. 


Key players operating in the Licensed Sports Merchandise Industry are –


• G VF Corporation
• Nike, Inc.
• Adidas AG
• Puma SE
• Under Armour, Inc.
• Hanesbrands Inc.
• DICK’S Sporting Goods Inc.
• Sports Direct International plc,
• G-III Apparel Group, Ltd.
• Fanatics Inc.
• Iconix Brand Group
• New Era Cap
• Mitchell & Ness Nostalgia Co.
• Reebok International Ltd.
• TOPPS
• The Upper Deck Company
• Wilson Sporting Goods
• Rawlings Sporting Goods
• Columbia Sportswear Company
• Lids Inc.
• Footlocker.com, Inc.
• Modells Sporting Goods Online, Inc.
• Rally House
• Starter
• Penney IP LLC
• WCN Group
• ADPRO Sports
• Waitex Copyright