Industries Study Report: August 2023

Ferroalloys Industry: Value Addition and Profit Margin Analysis, 2023 - 2030

Ferroalloys Industry Data Book - Ferro Manganese, Ferrochrome, Silico Manganese and Ferrosilicon Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s ferroalloys 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 along with an agricultural statistics e-book.

Access the Global Ferroalloys Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Ferrochrome Market Report Highlights

The global Ferrochrome Market size was estimated at USD 16.77 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2019 to 2030.

High carbon ferrochrome dominated market in 2018 with a volume share of 85.7% in 2018. It is expected to maintain its dominance over the forecast period owing to abundant reserves available of high carbon chromite ore as compared to other products.
Stainless steel application is predicted to grow the fastest with a CAGR of 4.9% from 2019 to 2030, in terms of revenue. As ferrochrome currently has no substitute for stainless steel, it is poised to witness lucrative growth.
In terms of volume, Asia Pacific acquired the highest share of 78.5% in 2018. This is mainly attributed to the dominant position of China in terms of stainless steel production.
North America is projected to grow at a CAGR of 2.1% from 2019 to 2025, in terms of volume. The protectionist policies currently implemented by the U.S. government are expected to propel domestic steel production and thereby propel ferrochrome demand.
In August 2019, Glencore, one of the major FeCr manufacturer of South Africa announced a cut in its ferrochrome production by 10% for 2019. This decision was taken owing to the electricity concerns in South Africa.

Silico Manganese Market Report Highlights

The global Silico Manganese Market size was estimated at USD 26.74 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2033.

The increase in production cost of silico manganese is attributed to the hike in the prices of energy and raw materials along with labor shortage and logistics challenges. The energy price rise in 2021-22 primarily occurred due to the low base price in 2020. The transition toward clean energy caused prices to remain high. In addition, the geo-political tensions caused due to the Russia-Ukraine war in 2022 are expected to further contribute to the price hike
Based on product, medium carbon is likely to register the fastest CAGR of 6.8% in terms of revenue across the forecast period. The segment's growth can be ascribed to rising global stainless steel production. For instance, global stainless steel melt shop production increased by 12.5% from 2020 to 2021 to reach 58.3 kilotons
Based on region, in 2021, Asia Pacific held a revenue share of nearly 74.0% of the global market. The consumption of silico manganese in the region is being driven by rising investments in the building & construction industry by the governments of the region. For instance, in November 2021, the Government of Malaysia announced its plans to construct approximately 500,000 affordable houses under the 12th Malaysia Plan
Based on application, stainless steel held the largest share of over 43.0% of the market, in terms of revenue, in 2021. Increasing penetration of electric vehicles is expected to propel the demand for the segment

Order your copy of Free Sample of “Ferroalloys Industry Data Book - Ferro Manganese, Ferrochrome, Silico Manganese and Ferrosilicon Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Ferrosilicon Market Report Highlights

The global Ferrosilicon Market size was estimated at USD 11.25 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030.

The deoxidizer segment accounted for the largest revenue share of over 69.0% in 2022, and this trend is expected to continue across the predicted timeline. It finds use in steel production. According to World Steel Association, in 2022, global crude steel production was 1,831.5 million tons.
Based on end-use, cast iron is anticipated to register the fastest CAGR of 3.4%, in terms of revenue, across the forecast period, owing to the use of ferrosilicon as an inoculant in the industry
Further, the shifting trend from non-stick cookware to those made up of cast iron, owing to growing concerns about potential health risks, is projected to emerge as the key driver for cast iron end-use segment growth over the forecast period.
Based on region, Asia Pacific dominated the market and accounted for a revenue share of nearly 67.0% in 2022. The rising production of automobiles and investments in the construction industry are influencing the demand for ferrosilicon in the region.
In North America, the market is projected to witness a CAGR of 2.2%, in terms of revenue, over the forecast period. The U.S. is anticipated to be the major market of the North American region over the forecast period.

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

Competitive Landscape

The industry is expected to witness additional investments from established major companies in the next years owing to the competitive market outlook. For instance, Zimasco, a Sinosteel Corporation affiliate, has announced an investment of USD 35.0 million for the expansion of ferrochrome manufacturing capacity. A new project with an increased capacity of 72 kilotons per year is planned to start at the Kwekwe ferrochrome smelting plant. The market is expected to see more competitive rivalry as production capacities rise to fulfil the demand for steel.

Key players operating in the Ferroalloys industry are:

Arcelor Mittal
Brahm Group
China Minmetals Group Co., Ltd.
Elkem ASA
EMCO
Eramet Group

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
Follow Us: LinkedIn | Twitter

Growing Preference for Look & Appeal in Interiors Augmented the Demand for Flat Glass Industry

Flat Glass Industry Data Book - Coated Glass, Home Appliance Glass, Fire Resistance Glass, Automotive Glass, and Glass Facade Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s flat glass 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.

Access the Global Flat Glass Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Coated Glass Market Report Highlights

The global Coated Glass Market size was estimated at USD 32.32 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030.

Based on application, architecture emerged as the largest segment in 2021, accounting for a volume share of over 92.0%. Growth in the construction of green buildings coupled with rising awareness associated with energy efficiency is likely to benefit the market growth
Automotive segment is anticipated to grow at a CAGR of 6.8% from 2022 to 2030, in terms of revenue. The growth of the segment is likely to be driven by rising demand for lightweight vehicles and the growing penetration of coated glass
Asia Pacific accounted for a revenue share of 35.0% in 2021 and is expected to register the highest CAGR over the forecast period. The growth of the region is anticipated to be driven by the growing construction and infrastructure industry in China and India
The soft coating segment is likely to remain the fastest-growing segment over the forecast period. Benefits associated with less UV radiation is anticipated to augment the growth of the market

Order your copy of Free Sample of “Flat Glass Industry Data Book - Coated Glass, Home Appliance Glass, Fire Resistance Glass, Automotive Glass, and Glass Facade Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Home Appliance Glass Market Report Highlights

The global Home Appliance Glass Market size was estimated at USD 7.3 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030.

Based on application, refrigerators are expected to witness the fastest growth over the forecast period. This can be attributed to the rising use of glass in refrigerator shelves and doors
In terms of revenue, cooking appliances are anticipated to register a CAGR of 3.5% over the forecast period. Growing demand for cooking appliances due to the rising middle-class population and improving living standards are expected to boost the demand for glass over the coming years
India is expected to register a lucrative CAGR of 5.7%, in terms of revenue, over the forecast period. India has immense growth potential owing to its rapid development and large population, which, in turn, is attracting new investors. For instance, in April 2022, the Europe-based BSH Home Appliances Group announced to achieve 75% localization in the country by 2025
The market is characterized by intense competition owing to the presence of a number of players opting for operational cost optimization through business restructuring

Go through the table of content of Flat Glass Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

The flat glass market is highly competitive in nature owing to the presence of several major players. AGC, Inc., Saint-Gobain, Nippon Sheet Glass Co., Ltd., Guardian Industries, Fuyao Glass Industry Group Co., Ltd., Şişecam Group, and Central Glass Co., Ltd. are among the major manufacturers of glass in the world. The sustained growth in demand for flat glass in architecture, automotive, and solar applications is prompting key players to expand their target markets and global footprint.

Key players operating in the Flat Glass industry are:

AGC Inc
CARDINAL GLASS INDUSTRIES, INC
Central Glass Co. Ltd.
CEVITAL Group
China Glass Holding Ltd.
Euroglas

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact:

Flooring Industry: Ceramic Tiles Market is projected to expand at a CAGR of around 5.2% by 2030

Flooring Industry Data Book - Ceramic Tiles, Resilient Flooring, Soft Covering Flooring, Wood & Laminate Flooring Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s flooring 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.

Access the Global Flooring Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Ceramic Tiles Market Report Highlights

The global Ceramic Tiles Market size was estimated at USD 59,692.1 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030.

The demand for porcelain ceramic tiles is expected to witness a CAGR of 7.6% over the estimated time owing to its wide applications in residential flooring applications and benefits including durability and enhanced aesthetics
In Europe, the revenue for glazed ceramic tiles in 2021 stood at USD 20.56 billion and is projected to witness a CAGR of 5.8% during the forecast period on account of the increasing popularity of eco-friendly building materials with high aesthetic value
In 2021, commercial flooring applications dominated the global market with a share of around 67% on account of the high penetration of ceramic tiles in office construction driven by superior aesthetics and durability offered by the product
The market in Asia Pacific is expected to witness a CAGR of 8.2% by revenue from 2022 to 2030 on account of the wide acceptance of the ceramic product in flooring applications
Industry participants focus on achieving long-term contracts with players in application industries to gain a competitive advantage. Small-scale players in the market are also adopting such strategies to increase their penetration in the competitive market.

Order your copy of Free Sample of “Flooring Industry Data Book - Ceramic Tiles, Resilient Flooring, Soft Covering Flooring, Wood & Laminate Flooring Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Resilient Flooring Market Report Highlights

The global Resilient Flooring Market size was estimated at USD 29,225.3 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2030.

Luxury Vinyl Tile (LVT) accounted for the highest share of 39.1% in 2022. As these tiles can be easily designed with endless patterns and in several color options, thereby offering a wide range of product varieties for the application industries. LVTs have higher vinyl content, which makes them durable, flexible, and sturdy. These are versatile and high performing resilient flooring option available in plank, tile, and sheet formats. Vinyl is a non-porous waterproof material, which makes the tiles perfect for use in kitchens and high traffic areas
The rising preference for resilient flooring by designers and architects is expected to boost the demand in the commercial application segment over the projected period. Moreover, the expansion of modern offices and workspaces, growing renovation activities in commercial spaces, and rapid industrialization in developing economies are expected to propel resilient flooring market growth over the forecast period
The resilient flooring product demand in domestic as well as international markets is projected to witness surge over the forecast period with Asian resilient flooring manufacturers increasing their production capacities and providing improved quality and cost-effective products, especially luxury vinyl tiles. The availability of a wide range of colors and designs, ease of installation, stain resistance, and durability of the products are few factors projected to drive the demand for LVT resilient flooring over the forecast period
Increasing migration in the country’s largest cities including Sao Paulo and Rio de Janeiro as well as in emerging cities is projected to drive the demand for new dwellings. Furthermore, growing consumer awareness is projected to create opportunities for the sustainable construction of residential buildings in the private sector, thereby driving the demand for environment-friendly flooring materials including linoleum and cork over the projected period
Innovators, market leaders, and emerging players characterize the competition in the global resilient flooring market. The market has witnessed extensive competition on account of increasing innovations and growing demand for resilient flooring products. A large number of manufacturers are engaged in the research & development activities to introduce sustainable flooring materials

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

Competitive Landscape

The manufacturers aim to achieve optimum business growth and strong market position through implementation of various strategies such as acquisitions, new product launch, collaborations, and strengthening of distribution network in the global as well as regional markets. Flooring material manufacturers aim to intensify their market positions by widening their customer base. Thus, multi-national players are aiming to achieve business growth in regional market by mergers, acquisition and other strategic initiatives.

Key players operating in the Flooring industry are:

Mohawk Industries, Inc.
Tarkett, S.A.
AFI Licensing
Burke Flooring Products, Inc.
Forbo Flooring
Shaw Industries, Inc.
Interface, Inc.

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact:

High R&D Spending by Pharmaceutical & Biotechnology Companies to drive Clinical Trial Recruitment Sector Growth

Clinical Trial Recruitment Industry Data Book - Clinical Trial Patient Recruitment, Site Management Organization, and Support Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s clinical trial recruitment industry data book is a collection of market sizing information & forecasts, legal authorizations, payout/reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Clinical Trial Recruitment Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Clinical Trial Patient Recruitment Market Report Highlights

The global Clinical Trial Patient Recruitment Market size was estimated at USD 780 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 8.0% from 2022 to 2030.

The phase III segment dominated the market with a revenue share of more than 57% in 2021 due to the high cost associated with phase III studies
The patient recruitment & registry services segment is anticipated to witness lucrative growth of 8.3% during the forecast period owing to the increasing adoption of digital technologies in patient enrolment services
Pain and Anesthesia in terms of therapeutic areas held the highest market share of 13.7% in 2021. This is because the cost related to pain management is significantly higher than in other therapeutic areas, thus simultaneously increasing the fees for patient recruitment and retention services
In terms of age group, the adult (18 - 64 Years) segment is expected to witness a considerable growth rate across the forecast timeframe, owing to the increasing prevalence of health conditions in the age group
North America led the global market in 2021 and is expected to remain dominant even during the forecast years due to a rise in the number of CRO and pharmaceutical & medical companies in the region

Clinical Trial Patient Recruitment Market Key Phase Segments & Trends

Clinical Trial Site Management Organization Market Report Highlights

The global Clinical Trial Site Management Organization Market size was estimated at USD 4,792.5 million in 2021 and is expected to grow at a compounded annual growth rate (CAGR) of 5.8% from 2022 to 2030.

The project management segment dominated the market with a revenue share of 27.6% in 2021, due to the fact that it is required to ensure that clinical trials are set up, enrolled, reported on time, and conducted within the budget
The phase III segment accounted for the largest revenue share of 54.0% in 2021. This growth is attributed to the fact that phase III trials are often the largest and involve thousands of participants and are the most expensive ones
Based on therapeutic area, the oncology segment accounted for the largest share of 25.2% in 2021, due to the high global prevalence of cancer, which is generating demand for drugs and thus increasing its market share
Asia Pacific led the market in 2021 and is projected to witness the fastest CAGR of 6.8% during the forecast years, as cost-effective strategic solutions provided by SMOs could reduce timelines, as in changing market for clinical trials, fast recruitment, and a huge pool of patients are some of the prerequisites

Order your copy of Free Sample of “Clinical Trial Recruitment Industry Data Book - Clinical Trial Patient Recruitment, Site Management Organization, and Support Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Clinical Trial Support Services Market Report Highlights

The global Clinical Trial Support Services Market size was estimated at USD 10,124 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2030.

The clinical trial site management segment dominated the market with a revenue share of more than 44.5% in 2022. High cost associated with site monitoring and site recruitment is one the key factors for the largest share.
The phase III segment accounted for the maximum revenue share of 54.1% in the global market in 2022. Phase III clinical trials are highly expensive due to the involvement of huge subjects. The failure rate in this phase is the highest as the sample size and study design require complex dosing at an optimum level.
Pharmaceutical & biopharmaceutical companies dominated the market with the largest market share of 70.3% in 2022. Increasing R&D investments and the introduction of new drugs are primarily driving the segment market.
Asia Pacific is projected to be the registered fastest-growing CAGR of 8.5% during the forecast period.

Go through the table of content of Clinical Trial Recruitment Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Clinical Trial Recruitment industry are:

Antidote
Clara Health
Clariness
BBK Worldwide
Worldwide Clinical Trials
Clinical Site Services (CSSi)
IQVIA
PPD

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact:

Wallpaper Sector Top Players Analysis: AS Creation Tapeten AG., Osborne & Little, and The Romo Group

Wallpaper Industry Data Book Covers Vinyl, Nonwoven, Paper, and Fabric Wallpaper Market

The global Wallpaper Industry generated over USD 1,733.42 million in 2022 and is expected to grow at a CAGR of 4.3 % over the forecast period.

Grand View Research’s wallpaper 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.

Access the Global Wallpaper Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Vinyl Wallpaper Market Growth & Trends

The global Vinyl Wallpaper Market size was valued at USD 632.61 million in 2022, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.1% from 2023 to 2030. The significant popularity of this product type in both the residential and commercial sectors can be ascribed to the need for vinyl-based wallpapers. Vinyl wallpaper demand is increasing as a result of peel-and-stick wallpaper's convenience. They are constructed using an adhesive base and a vinyl film on top.

Solid-sheet vinyl and fabric coated with vinyl are two types of vinyl-based wallpapers. Moreover, architects and interior designers prefer vinyl-based wallpapers because they can be used successfully in both high- and low-traffic areas. In addition to being in a variety of finishes and colors, vinyl-based wallpapers are also more durable, which increases demand for them.

Due to their ease of cleaning and high durability, the market for wallpapers made of vinyl is growing. Also, the vinyl wall covering may be simply restored if it is damaged. Vinyl is a good option for high-traffic environments like schools and hospitals because of its fire resistance. For instance, Dovely, an Italian company, offers the fire-resistant vinyl-coated wallpaper SILHOUETTE MOUNTAIN. It is a high-quality, 290g, vinyl-coated, paper-backed digital wallpaper.

Vinyl Wallpaper Market Share, by Technology, 2022 (%)

Order your copy of the Free Sample of “Wallpaper Industry Data Book - Vinyl, Nonwoven, Paper and Fabric Wallpaper Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Paper Wallpaper Market Growth & Trends

The global Paper Wallpaper Market size was valued at USD 188.66 million in 2022, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.4% from 2023 to 2030. Wallpapers that have been digitally printed on paper are environmentally friendly. They are made with all-natural components. In addition, there are no potentially harmful chemicals in the wallpaper glue. Faux Caning digitally printed wallpapers are available from Wallshoppe, a U.S.-based manufacturer. They are manufactured from paper that is 100% nontoxic, eco-friendly, matte-finished, and sustainably manufactured paper is scratch-resistant.

The growing specialty paper market includes the market for wallpaper base paper. The wallpaper base paper sector has recently relocated to developing countries as a result of elements including rising raw material and labor costs, as well as the ever-rising degree of technical equipment, product quality, and localized advantages of wallpaper paper base companies in emerging countries. China's paper wallpaper sector has grown particularly quickly in recent years, with improvements made to the industry's size, innovation, and product quality.

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

Competitive Landscape

Key players operating in the Wallpaper industry are:

Sangetsu Corporation
York Wall Coverings Inc.
Brewster Wallpaper Corporation
Schumacher & Co.
AS Creation Tapeten AG.
Osborne & Little
The Romo Group
Grandeco

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact:

Footwear Industry: Consumer Service Adoption Trends, 2023 - 2030

Footwear Industry Data Book Covers Athletic, Non-athletic, Sustainable and Traditional/Non-sustainable Footwear Market

The global Footwear Industry generated over USD 387.74 billion in 2022 and is expected to grow at a CAGR of 4.3 % over the forecast period.

Grand View Research’s footwear 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.

Access the Global Footwear Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Athletic Footwear Market Growth & Trends

The global athletic footwear market size is expected to reach USD 196.1 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.0% from 2023 to 2030. Athletic shoes have also been tailored for the casual market, and are popular, especially with young people. Athletic footwear is built for high performance and is considered a part of an athlete’s gear along with clothing and equipment. Athletic shoes provide sports-specific levels of cushioning, flexibility, stability, traction, and durability. Cushioning minimizes the force of impact.

Increasing awareness regarding the health benefits of sports and fitness activities that helps to reduce the risks of various illnesses, such as obesity, depression, and diabetes, is expected to fuel the growth of the market. Moreover, changing consumer lifestyles, a rise in the disposable income of consumers, and the growing retail e-commerce sector worldwide are some other factors expected to boost the market growth during the forecast period.

In addition, the technological advancements, development of new and innovative shoes, and increasing awareness regarding the importance of using the right type of shoes in order to prevent muscle injuries, leg injuries, and many others are stimulating the demand for athletic shoes. Moreover, emerging fashion trends of wearing branded athletic footwear mostly among youngsters are influencing the growth of the market. However, rising prices of raw materials and the increasing prevalence of fake and brand copied athletic footwear products are the factors that might restrict the market growth.

Given the combined effect of outlet closures and frugality resulting from the rapidly deteriorating economic situation, the discretionary character of footwear made it one of the most seriously hit businesses by the pandemic. Moreover, a decline in consumer demand for athletic footwear was noted by brands like Adidas, Nike, and Puma as consumers reduced or delayed discretionary spending in response to the impacts of COVID-19 owing to a rise in unemployment rates and diminished consumer confidence. Decreased retail traffic as a result of store closures, reduced operating hours, and social distancing restrictions could be noticed. The market is consolidated with the presence of a large number of international players and a few regional players.

Athletic Footwear Market Share, by Type, 2022 (%)

Order your copy of the Free Sample of “Footwear Industry Data Book - Athletic, Non-athletic, Sustainable and Traditional/Non-sustainable Footwear Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Sustainable Footwear Market Growth & Trends

The global sustainable footwear market size is expected to expand at a CAGR of 6.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributed to the advancements and innovations pertaining to sustainable production methods and materials, along with functionality and comfort of footwear without compromising on the appeal.

Growing awareness among consumers, increasing education levels, social influences, and preference for sustainable products are anticipated to bode well for the market. Millennials and Gen X are more inclined towards individualized products. Young consumers want unique and customized products.

Footwear brands and companies are engaged in retaining their customers by practicing sustainable business practices across manufacturing and supply chain. 68% of consumers consider sustainability to be a driving factor, and hence a part of final purchase.

The sustainable footwear market is segmented into athletic and non-athletic footwear. Athletic shoe is gaining importance, and hence the innovations and developments made by the brands are necessary. Nike is perpetually on the top list in sustainable sportswear as it launched sustainable sneakers made of Flyknit material, which is made from 50% recycled fibre.

Many leading global players such as New Balance, Adidas, Nike, and Reebok have changed their way of production to be eco-friendlier. The current practice involves tackling plastic pollution via recycling. For instance, Vivobarefoot designed a line of shoes that is made of recycled bottles and Converse Renew collection uses 100% recycled plastic bottles for its shoes.

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

Competitive Landscape

Key players operating in the Footwear industry are:

Nike Inc.
Adidas AG
PUMA SE
Geox S.p.A
VF Corporation
Skechers U.S.A, Inc
ECCO Sko A/S

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact:

Immersive Media Industry: Technology Movement Analysis and Market Share, 2022 - 2030

Immersive Media Industry Data Book Covers Augmented Reality, Metaverse, and Virtual Reality Market

The global Immersive Media Industry was valued at USD 86.02 billion in 2021 and is likely to grow at a compound annual growth rate (CAGR) of 36.3% from 2022 to 2030.

Grand View Research’s immersive media industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Immersive Media Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Augmented Reality Market Growth & Trends

The global augmented reality market size is expected to reach USD 597.54 billion by 2030, registering a CAGR of 40.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth can be credited to the increasing adoption of augmented reality (AR) technology across several industry verticals, such as automotive, healthcare, education, construction, and logistics among others. The augmented reality interfaces enhance the work environment as well as optimize operational efficiency while offering significant benefits in terms of efficiency, productivity, and safety.

AR technology has been evolving continuously and getting more accessible and reliable in line with the advances in technology. Several market players are focused on introducing new and more innovative offerings to attract customers and gain a competitive edge in the industry. For instance, in 2023, Google LLC announced the launch of its latest Immersive Stream for XR service for its Google Cloud customers. This new offering is said to eliminate the need for any powerful hardware or a special application to immerse oneself in the augmented reality or 3D world. The users can simply scan a QR code or click a link to get into extended reality (XR).

The growth of augmented reality industry is being influenced by the aggressive adoption of AR technology solutions by various industry incumbents, especially in the wake of the COVID-19 outbreak. For instance, AR technology is being widely adopted across educational institutions to enhance the learning experience for students.

The market is also benefiting from the retail domain as AR provides an immersive experience to shoppers and helps them make informed buying decisions. In November 2022, Snap, Inc. partnered with Amazon.com, Inc. to initiate AR-enabled digital try-on styles for the brands and customers online. This fashion partnership is anticipated to create an AR shopping experience seamless.

AR technology is gaining massive traction in niche markets. Several mobile device vendors are introducing AR-compatible mobile devices. As such, the market for augmented reality is poised for significant growth during the forecast period as AR technology continues to evolve and more real-life use cases are introduced.

Augmented Reality - Regional Market Distribution

Virtual Reality Market Growth & Trends

The global virtual reality market size is expected to reach USD 435.36 billion by 2030, growing at a CAGR of 15.0% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of user immersion technology in industries, such as education, industrial training, and healthcare, among others, is expected to drive market growth. In addition, internet penetration in the form of high-speed 5G networks has positively impacted the adoption of Virtual Reality (VR) technology due to fast and low-latency internet connections. The growing demand for training and research across industries, such as education, aerospace & defense, and automotive, is also driving the growth of the market. For instance, in October 2022, Meta Platforms, Inc. launched the Meta Quest Pro VR headset with the Snapdragon Qualcomm XR2+ chipset.

According to the company, the headset is targeted toward professionals and creators looking for high-end VR headsets. VR technology has enabled e-commerce companies to let users shop virtually. This technology creates an interactive environment and helps improve the overall shopping experience for users. The demand for virtual reality in the education sector is also growing as teachers can conduct interactive academic sessions on VR-based online platforms to facilitate better collaboration. North America is anticipated to hold a significant share in the market by 2030 owing to the dominance of technology companies in the region. Technology penetration in the region and the availability of new VR products are expected to boost the region's growth further. Moreover, the emergence of various start-ups related to virtual reality (VR) is expected to help create growth opportunities for the market.

Order your copy of the Free Sample of “Immersive Media Industry Data Book - Augmented Reality, Metaverse and Virtual Reality Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 - 2030” Data Book, published by Grand View Research

Metaverse Market Growth & Trends

The global metaverse market size is predicted to attain USD 936.57 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 39.4% from 2022 to 2030, owing to increasing demand from end-use industries, which prominently include media and entertainment, education, and aerospace and defense is anticipated to propel the industry growth over the forecast period.

The market is also expected to witness growth due to the steady adoption of XR technologies to enhance user experience on various platforms. The growing demand for metaverse to purchase digital assets using cryptocurrencies is expected to drive the market significantly. The development and distribution of Augmented reality (AR), Virtual Reality (VR), and Mixed Reality (MR) devices are anticipated to spur market growth in years to come.

The prefix "meta" is commonly used in Greek to denote "after" or "beyond." The metaverse is a three-dimensional interactive and immersive environment where several people can interact through avatars. The usage of the metaverse to purchase digital assets using bitcoin is becoming more popular around the world. Gaming websites, messaging applications, and social media platforms such as Facebook are being used to communicate with one another online. The metaverse is the advent of new online environments in which people's interactions are more multidimensional and they can engage more deeply with digital content rather than merely reading it.

The metaverse is widely used as a real-time virtual world to build and leverage vast opportunities for brand connection. It would also set the stage for the next phase of post-COVID-19 digital activity, namely the emergence of digital social experiences. On Metaverse platforms that allow blockchain technology to be utilized, users can create, own, and trade autonomous digital assets and virtual regions using cryptocurrencies like Bitcoin and Ethereum, as well as nonfungible tokens (NFTs).

During the forecast period, rising demand for blockchain-based metaverse networks and platforms for trading digital assets is expected to drive considerable market revenue growth. One of the major factors driving the future expansion of the metaverse business is the rise of the gaming industry.

Go through the table of content of Immersive Media Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Immersive Media industry are:

Alphabet Inc. (Google)
Barco
Blippar
Epic Games, Inc
HTC Corporation

Check out more Industry Data Books, published by Grand View Research

Steel Sector Key Companies Analysis: China Baowu Group and China Steel Corporation

Steel Industry Data Book Covers Stainless Steel, Carbon Steel, Electrical Steel, Weathering Steel, and Sintered Steel Market

Grand View Research’s steel 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 along with an agricultural statistics e-book.

Access the Global Steel Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Carbon Steel Market Growth & Trends

The global carbon steel market size is expected to reach USD 1,301.53 billion by 2030, expanding at a CAGR of 3.4%, according to a new report by Grand View Research, Inc. Increasing investment in the construction sector on account of factors such as rising housing needs, boosting tourism, and increasing commercial space is likely to augment the demand for carbon steel over the forecast period.

For instance, in August 2022, Nakheel PJSC announced a master plan vision for the Dubai islands. The plan involves the construction of five islands of 17 square kilometers by 2040. These islands are expected to have 80 resorts & hotels, cultural hubs, boutiques, dedicated public parks, and residential spaces. Such kinds of investments are expected to fuel the product demand over the coming years.

Carbon steel is one of the key materials used in the construction sector on account of its strength and hardness. It is used in rectangular tubing, highway construction plates, structural framework beams, and bridges. It is also a popularly used material in the manufacturing of hollow structural sections and rebars. Plain carbon steel exhibits various properties such as plasticity, ductility, flexibility, and bending ability. During natural calamities, such as earthquakes, it is a very useful material owing to its crack resistance. Thus, growth in the construction industry, especially after the pandemic aided the product demand.

Further, the automotive industry is another vital end-use for the market. For instance, high carbon steel finds use in various automotive applications such as door panels, vehicle chassis, and bushings, among others. A rise in vehicle production is thus anticipated to boost product consumption over the forecast period. According to OICA, world automotive production rose by 6% from 2021 to 2022.

Further, the growing emphasis toward sustainable production is aiding the market growth. For instance, in 2022, BMW, to further support its goal of reducing carbon dioxide emissions signed an agreement with Salzgitter AG to deliver low carbon steel. The product will be used in car production at the company’s European plants, from 2026 onwards. The company aims at fulfilling 40% of its demand by making use of low carbon steel at its plants in Europe, by 2030, thereby reducing carbon dioxide emissions by 400 kilotons per annum.

Availability of substitutes such as aluminum alloys and other lightweight alloys is anticipated to hinder market growth over the coming years. Aluminum alloys are the major substitutes for carbon steel in applications like shipbuilding. They are expected to gain a higher preference owing to properties like lightweight, which helps reduce the weight of the ship, enhance fuel efficiency, provide higher corrosion resistance, non-magnetic properties, and offer low cost maintenance.

Despite the various advantages of aluminum alloys, there is one drawback associated with them. Their high cost when compared to carbon steel restricts their consumption. However, this drawback can be compensated for with higher earnings.

Order your copy of the Free Sample of “Steel Industry Data Book - Stainless Steel, Carbon Steel, Electrical Steel, Weathering Steel, Sintered Steel Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Structural Steel Market Growth & Trends

The global structural steel market size is expected to reach USD 162.46 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. The market growth is attributed to the growth in the construction sector and rising demand for steel as a green and sustainable material. Structural steel is utilized for construction-related applications. Its high carbon content offers high strength and low ductility. It is available in the form of various shapes such as I-beam, Z-shape, angle, tee, bar, and rod, depending upon the applications. It can be customized into a variety of shapes in different thicknesses and sizes owing to its ductility. Based on application, the market is segmented into residential and non-residential, where the latter dominates the market, in terms of revenue share.

Growing spending on the commercial sector & infrastructural developments across various nations is augmenting the product demand in non-residential applications. The segment is further divided into industrial, commercial, offices, and institutional. Structural steel is widely used in numerous industrial sectors owing to its high strength-to-weight ratio. In the construction industry, it is utilized in designing and building industrial spaces, such as warehouses, bridges, and factories. Growth in the manufacturing sector is expected to propel the need for new factories and plants. For instance, after the emergence of the COVID-19 pandemic, various new facilities were established to meet the rising demand for PPE in the U.S.

Asia Pacific was the dominant regional market in 2020 and this trend is anticipated to continue over the forecast period. The growing construction spending in the developing economies of the region is anticipated to augment the product demand. For instance, in August 2021, India announced that it aims at spending INR 100 trillion (USD 1.35 trillion) on infrastructure development for boosting economic growth and jobs in the country. The competitive rivalry is extremely high in the market due to the presence of several small- and large-scale players spread across the world. The companies are striving to recover from their losses caused by the COVID-19 pandemic and are taking initiatives, such as mergers & acquisitions and capacity expansions, to further widen their reach.

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

Competitive Landscape

Key players operating in the Steel industry are:

Ansteel Group
ArcelorMittal
Baotou Steel
China Baowu Group
China Steel Corporation
Cleveland-Cliffs

Check out more Industry Data Books, published by Grand View Research

The Rise in Domestic and International Tourism to Play Major Role in The Growth of Leather Goods Sector

Leather Goods Industry Data Book Covers Leather Handbags, Small Leather Goods/ Accessories, Leather Apparel, Leather Footwear, Leather Home Decor & Furnishing, Leather Pet Accessories, and Leather Automotive Accessories Market

The global Leather Goods industry generated over USD 242.85 billion in 2022 and is expected to grow at a CAGR of 6.6% over the forecast period.

Grand View Research’s leather goods 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.

Access the Global Leather Goods Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Leather Footwear Market Growth & Trends

The global Leather Footwear Market size is registering an estimated CAGR of 7.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising inclination toward outdoor activities is one of the major drivers contributing to the market’s growth. Sports such as golf & hockey, outdoor activities like hiking & cycling, and indoor activities like gymming have always been popular among men, spurring the demand for men’s leather athletic footwear. The leather footwear offers high breathability, durability, and comfort to the feet while performing agile movements during exercise. Additionally, the increasing number of product launches catering to specific sports categories will support boosting market growth.

The increasing tendency of men from all age groups to spend on leather products is fueling the growth of the leather footwear market. Moreover, the growing popularity of fashionable, durable, and comfortable footwear that allows men to flaunt their style has further spurred product demand. Children’s footwear has witnessed a transition from soft dressing to trend-led products, owing to the expanding role of fashion in the children’s apparel and footwear buying process, which has increased the frequency of purchases. Thus, with the rising number of purchases, manufacturers are developing leather footwear in various designs and comfort levels considering the latest fashion trends including printed leather shoes to allure the consumers.

Small Leather Goods/ Accessories Market Share, by Type, 2022 (%)

Order your copy of the Free Sample of “Leather Goods Industry Data Book - Leather Handbags, Small Leather Goods/ Accessories, Leather Apparel, Leather Footwear, Leather Home Decor & Furnishing, Leather Pet Accessories, and Leather Automotive Accessories Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Leather Apparel Market Growth and Trends

The global Leather Apparel Market size is registering a CAGR of 6.0% from 2023 to 2030, according to a new report published by Grand View Research, Inc. Continuously evolving personal grooming as well as fashion habits among men and women along with the subsequent demand for comfort wear, has been driving this market growth. Rising product availability with a range of unique designs, color combinations, prints, and customized designs in leather shirts for men has been driving segment growth. Furthermore, the increased preference among men for leather shirts that are lightweight and come with customized designs to add distinction to the clothing has resulted in higher penetration of leather shirts for men.

Rising trend of leather pants that are significantly softer and more comfortable to wear than jeans has boosted the concept of leather pants among men. Consumers are willing to try products that are new in the market in terms of design and this outlook has gradually enthused many manufacturers to come up with variations in material, color, and size of the jackets and coats made for men. Manufacturing brands operating in the leather apparel market have been considering it a great opportunity and hence, have been designing products to cater to the consumer segment.

Go through the table of content of Leather Goods Industry Data Book to get a better understanding of the Coverage and scope of the study

Competitive Landscape

Key players operating in the Leather Goods industry are:

Adidas AG
Nike, Inc.
Puma SE
Fila, Inc.
New Balance Athletics, Inc.
Knoll, Inc.
Samsonite International S.A.
VIP Industries Ltd.
Timberland LLC
Johnston & Murphy

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact:

Movies and Video Sector to expand at a CAGR of 28.1% by 2030

Movies and Video Industry Data Book Covers Video Production and Video Streaming Market

The global Movies and Video industry generated over USD 159.43 billion in 2022 and is expected to grow at a CAGR of 28.1% over the forecast period.

Grand View Research’s movies and video industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Movies and Video Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Video Production Market Growth & Trends

The global Video Production market size is registering an estimated CAGR of 33.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for immersive video content and individualization is one of the key developments in the video production market. Video production companies focus on creating highly customized films that appeal to specific target audiences and employ data-driven insights to create experiences as customers want content that speaks to their interests and beliefs. Additionally, immersive video formats like Virtual Reality (VR) and Augmented Reality (AR) are receiving more attention because they give viewers engaging and participatory experiences. Video production firms are using modern technology and innovative narrative strategies to generate captivating, personalized, and immersive video content are some of the trends that are fueling the market growth.

The increasing demand for digital platforms and social media has led to significant growth in the demand for video content. A growing number of individuals, firms, and organizations are noticing the importance of video as an interesting and effective medium for communication purposes. Additionally, the widespread use of social media users and the adoption of smartphones are increasing significantly, and the high-quality cameras and features have increased the number of people who can create videos. Vlogging, short-video content creation, and live streaming are some forms of mobile video production that have grown drastically in popularity as video production can be created easily and are convenient, fast, and affordable.

Order your copy of the Free Sample of “Movies and Video Industry Data Book - Video Production and Video Streaming Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Video Streaming Market Key Trends (USD Billion)

Video Streaming Market Growth and Trends

The global video streaming market size is expected to reach USD 416.84 billion by 2030, registering a CAGR of 21.5% from 2023 to 2030, according to a new report published by Grand View Research, Inc. Prominent technological advancements like execution of blockchain technology in video streaming and the practice of Artificial Intelligence (AI) to advance quality of videos are expected to augment the growth of video streaming market over the forecast period.

Emerging cloud-based streaming solutions for augmenting the scope of content is directly influencing the growth of the market. This tendency is observed in various parts of North America and Asia Pacific. Moreover, other factors ascribing to the growth of the market are rapid, increase use of mobiles and tablets, digitalization and the growing popularity of online video streaming.

Prominent demand for high-speed internet connectivity, on-demand videos and the rising inclination towards original digital content are the key driving factors for the market's growth. Video streaming has increased as a result of the growing popularity of smartphones and a variety of high-speed internet technologies including 3G, 4G and LTE. Moreover, the growing demand for devices supporting digital media is helping consumer’s access media content anywhere across the world.

The market is divided into live and non-linear video streaming based on the type of streaming. Live streaming is the term used to describe content that is shown in real time over an internet connection. Further important findings from the study point to the live video streaming category as having the largest development potential throughout the predicted period. Also, because of the growing desire for material that can be watched online but not in real-time.

The COVID-19 pandemic regulated people to confine themselves at home and stay indoors for a prolonged period. Due to these circumstances, streaming service saw an increase in viewers and engagement, leading to a greater uptake of video streaming. Platforms such as Netflix, YouTube, and Disney+ have registered a spike in the viewership worldwide.

Organizations like Hotstar and Netflix executed machine learning and AI algorithms to study user behavior and demographics. This aided organizations in identifying audience interests and offering modified content references to keep them frequently engaged. Subsequently, these AI-based platforms offer viewers content satisfying their specific interests, providing them with a highly personalized experience.

Go through the table of content of Movies and Video Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Movies and Video industry are:

The Walt Disney Company
Vivendi SA
Comcast Corporation
Sony Corporation
Viacom Inc.
CBS Corporation
Lions Gate

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact:

Dry-Cleaning and Laundry Services Sector: Retail Chain Analysis, 2023 - 2030

Dry-Cleaning and Laundry Services Industry Data Book - Laundry Services, Dry-Cleaning Services and Duvet Cleaning Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s dry-cleaning and laundry services 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.

Access the Global Dry-Cleaning and Laundry Services Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Laundry Services Market Report Highlights

The global Laundry Services Market size was estimated at USD 25.25 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030.

The laundry services market is experiencing a surge in popularity due to its reliability, advancements in laundry technology, and the ongoing trend of urbanization. These factors are expected to drive market growth in the foreseeable future.
The industry is also anticipated to grow as cashless transactions become popular and digital payment methods are more widely used. It is also projected that integrating smart meters and the rising customer demand for effective and reasonably priced dry-cleaning and laundry services can contribute to the market's growth.
According to a survey commissioned by ARM & HAMMER Clean & Simple and performed by One Poll, in August 2020, respondents spend an average of 23 hours and 36 minutes per month on cleaning and housework, roughly amounting to 5 hours and 54 minutes per week. Of this, doing the laundry accounted for 44% of the time.

Laundry Services Market Share, by Application, 2022 (%)

Dry-Cleaning Services Market Report Highlights

The global Dry-Cleaning Services Market size was estimated at USD 14.22 billion in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 8.1% from 2023 to 2030.

Dry cleaning is a waterless and fabric-friendly process using specialized liquids and machines to remove stains and odors. Professionals in this field employ ozone treatment, eliminating embedded odors, releasing oxygen gas, and imparting a natural fragrance to the fabric.
People with hectic schedules appreciate the pick-up and delivery facility offered by online laundry service providers, in addition to washing and ironing clothes.
For example, Miami-based Hamperapp offers various services ranging from detergent washing to dry cleaning across several cities in the U.S., with free pick-up and delivery.
Furthermore, special discounts and cashback offers for regular customers are strategies adopted to attract and retain customers.

Order your copy of Free Sample of “Dry-Cleaning and Laundry Services Industry Data Book - Laundry Services, Dry-Cleaning Services and Duvet Cleaning Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Duvet Cleaning Services Market Report Highlights

The global Duvet Cleaning Services Market size was estimated at USD 29.85 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030.

A professional duvet-cleaning service is a practical answer for individuals who need to maintain bedding while saving time and effort.
Professional duvet-cleaning services have the tools and expertise to effectively sanitize and clean duvets to a higher quality than a person could achieve independently.
Duvet cleaning professionals offer additional services such as odor removal and restoration for fire or flood-damaged items. They may efficiently remove ingrained odors and release oxygen gas using ozone generators, leaving behind a fresh, scent-free fabric.
This encourages customers to use duvet-cleaning services more often as it appeals to people allergic to strong odors and those who want odor-free duvets. These factors will aid in the growth of the duvet cleaning services market over the forecast period.

Go through the table of content of Dry-Cleaning and Laundry Services Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

In the market, a mix of established companies and emerging players exists. Several prominent players are strategically capitalizing on the market's growing trends while expanding their range of services to sustain and increase their market share.

Key players operating in the Dry-Cleaning and Laundry Services industry are:

Alliance Laundry Systems LLC
The Huntington Company
ZIPS Dry Cleaners
Alsco Pty Limited
Rinse, Inc.
Mulberry Cleaners & Launderers, Inc.
Tide Dry Cleaners (Procter & Gamble)
City Dry Cleaning Company
East Rand Cleaners
Cleanly

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact:

Water & Wastewater Treatment Equipment Sector Top Players: Xylem, Ecolab, DuPont, and Pentair plc

Water & Wastewater Treatment Equipment Industry Data Book - Primary, Secondary and Tertiary Water & Wastewater Treatment Equipment Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s water & wastewater treatment equipment industry database is a collection of market sizing information & forecasts, 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 and summary presentations on individual areas of research.

Access the Global Water & Wastewater Treatment Equipment Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Primary Water & Wastewater Treatment Equipment Market Report Highlights

The global primary water and wastewater treatment equipment market size was estimated at USD 12.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030.

Asia Pacific accounted for the largest revenue share of 34.6% in 2022 and is anticipated to maintain its dominance throughout the forecast period. This can be attributed to the presence of a strong consumer base that has led to significant demand for primary water & wastewater treatment equipment
In 2022, the municipal application segment dominated the market with a revenue share of 64.1%. Increasing government initiatives, stringent environmental regulations, and growing awareness of water treatment are a few of the variables that are boosting the municipal segment's growth over the projection period
The primary clarifier product segment dominated the market in 2022, accounting for 28.9% of total revenue. The initial treatment stage makes use of the primary clarifiers, with the goal of removing heavy metallic sludge, suspended solids, and other particles
In July 2022, Evoqua Water Technologies completed the acquisition of EPICOR, Inc. The company engaged in the manufacturing of powdered ion exchange resins and resin/fiber for the power generation industry. The acquisition will help the company strengthen its Integrated Solutions and Services segments

Primary Water & Wastewater Treatment Equipment Market, by Country, 2022 (%)

Secondary Water and Wastewater Treatment Equipment Market Report Highlights

The global secondary water and wastewater treatment equipment market size was estimated at USD 23.3 billion in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 4.3% from 2023 to 2030.

The activated sludge equipment segment accounted for 44.8% of the global revenue share in 2022. This is largely due to its benefits, such as the removal of suspended solids, biological nitrification without the use of chemicals, and the achievement of oxidation and nitration, among others
The municipal application segment accounted for a 63.8% share of the global revenue in 2022. Increasing urban population, rising investment, and favorable government policies promoting infrastructure development are projected to foresee tremendous demand for secondary water & wastewater treatment systems in municipal sectors of developing markets, including Turkey, China, India, Thailand, and Bangladesh
Asia Pacific is expected to witness the fastest CAGR of 5.6% during the forecast period. The competition among Chinese capital markets and a few other Asian economies is generating lucrative growth opportunities for the industries, which has, in turn, created a favorable environment for investments in the wastewater treatment equipment industry
In June 2022, Evoqua Water Technologies opened a new manufacturing facility in the UK. The new facility operation will focus on the production of Evoqua's ATG UV product line, which includes water treatment systems, chemical-free UV disinfection, and promises environmentally friendly application

Order your copy of Free Sample of “Water & Wastewater Treatment Equipment Industry Data Book - Primary, Secondary and Tertiary Water & Wastewater Treatment Equipment Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Tertiary Water and Wastewater Treatment Equipment Market Report Highlights

The global tertiary water & wastewater treatment equipment market size was estimated at USD 27.9 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030.

Based on region, the Asia Pacific region led the market with the largest global revenue share of 34.5% in 2022. The urban population growth and rising disposable incomes in the region are expected to promote the housing sector growth on a domestic level. Therefore, improving the housing sector is expected to increase the penetration of municipal wastewater facilities, which, in turn, is likely to promote the demand over the forecast period
In terms of application, the municipal segment led the market with the largest revenue share of 65.5% in 2022. Several governmental initiatives, such as the National Mission for Clean Ganga, Community Drinking Water Schemes, Jal Jeevan Mission, and Atal Mission for Rejuvenation and Urban Transformation, led to the market growth
Based on application, the industrial segment is anticipated to grow at the largest CAGR of 5.2% from 2023 to 2030. Rapid urbanization, technological advancements, and a rising number of production units are resulting in high demand for fresh and processed water. These factors are, in turn, projected to promote the growth of the industry over the forecast period
In terms of equipment, the filter segment dominated the market with the largest revenue share of 34.8% in 2022. The total suspended particles, biological oxygen demand (BOD), nitrogen, and phosphorus in the final effluent are all reduced with tertiary filtering. In addition, filters primarily aid in the elimination of leftover suspended materials from wastewater.
In June 2022, Evoqua Water Technologies opened a new manufacturing facility in the UK. The new facility operation focused on the production of Evoqua’s ATG UV product line, which includes water treatment systems and chemical-free UV disinfection

Go through the table of content of Water & Wastewater Treatment Equipment Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Major players in the water & wastewater treatment equipment market include Evoqua Water Technologies LLC; Pentair plc; Ecolab Inc.; DuPont; Xylem, Inc.; Calgon Carbon Corporation; Toshiba Corporation; Veolia Group; Aquatech International LLC; Ecologix Environmental Systems, LLC; Evonik Industries AG; Lenntech B.V.; and Parkson Corporation. The manufacturers of water & wastewater treatment equipment adopt several strategies, including merger & acquisition, new product developments, partnership & joint ventures, distributor agreements, and geographical expansions, to enhance their market presence and cater to the ever-changing consumer requirements.

Key players operating in the Water & Wastewater Treatment Equipment industry are:

Xylem, Inc
Pentair plc
Evoqua Water Technologies LLC
Aquatech International LLC
Ecolab Inc.
DuPont

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Contact: