Insulation Industry Top Players Analysis: Armacell, Lydall, Inc, and Kingspan Group

Insulation Industry Data Book Covers Board Insulation, Blanket Insulation, Pipe Insulation, and Others (Foam) Insulation Market

The global Insulation Industry was estimated at USD 53.34 billion in 2022 and is anticipated to increase at a significant CAGR of 4.7% from 2023 to 2030.

Grand View Research’s insulation 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.

Board Insulation Market Insights

The global board insulation market size was estimated at USD 12.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.6% from 2023 to 2030. This growth can be attributed to the increased focus on energy efficiency and the growing demand for sustainable building materials across the globe. As the cost of energy increases, there is a growing demand for insulation materials that aid in reducing energy consumption. Board insulation is a highly effective way to insulate buildings and this trend is expected to grow at a significant pace during the forecast period.

Rigid board insulation is highly effective at insulating buildings to curb the energy requirements for heating and cooling. It is effectively easy to install, and the operating cost makes it an ideal choice for most of the building contractors. This is particularly important in cold climates, where it is important to minimize heat loss. As a result, the demand for boards from the building & construction industry is expected to increase during the forecast period.

Manufacturers of board insulation have partnerships with merchants and distributors to ensure the timely supply of boards. Some of the major manufacturers are involved in offering new product launches to increase their market share. Strategic partnerships as well as collaborations, are some of the strategies adopted by major manufacturers to gain competitive advantages.

Board Insulation Consumption Share, by Region, 2022 (%)

Blanket Insulation Market Insights

The global blanket insulation market size was estimated at USD 14.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. This growth can be attributed to the increasing use of insulation in building & construction and industrial applications. Blanket insulation can also be utilized for acoustic fabrication in warehouses and other commercial buildings, as well as thermal insulation in interior spaces. The construction industry is expected to reach about USD14 trillion by the end of 2030 due to increasing urbanization and increased spending on housing and remodeling across the globe. Owing to the increase in the use of blankets across the construction sector is expected to drive the market during the forecast period.

The use of blanket insulation generates cheaper energy bills, and year-round comfort by assisting with low maintenance and a comfortable temperature. Additionally, noise reduction from outside and between floors and rooms makes it an ideal choice of insulation for both commercial and residential spaces. Sustainability, comfortability, and low maintenance are some of the major factors fueling the blanket insulation demand throughout the forecast period.

Major manufacturers have partnerships with merchants and distributors to ensure smooth supply throughout the U.S. Manufacturers in the U.S. adopt mergers & acquisitions strategies to boost their overall market share and have a competitive advantage. In addition, manufacturers often have agreements with raw material suppliers to ensure timely supply to cater to the demands of customers.

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Pipe Insulation Market Insights

The global pipe insulation market size was estimated at USD 17.71 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030. Rising awareness pertaining to energy conservation among consumers is expected to drive the market over the forecast period.The market witnessed a severe downfall in investments in the industrial sector owing to the pandemic, thereby impacting overall growth. In addition, a dramatic fall in crude oil prices led to a drop in fiscal resources for oil-producing countries, which affected the product demand from the oil & gas sector. The market in Asia Pacific is expected to witness exponential growth over the forecast period on account of the rising number of industries in economies, such as China and India.

Rapid urbanization coupled with the rising demand for residential and commercial construction is anticipated to further fuel the market growth. Increasing adoption of district heating systems, driven by rising electricity tariffs, rising environmental awareness, and technological advances is expected to propel market growth in the U.S. In addition, rising investments in the expansion of gas liquefaction terminals are expected to drive the demand for pipe insulations over the forecast period.The presence of a large number of manufacturers and service providers, coupled with the easy availability of raw materials and easy installation processes, has resulted in intense market competition.

The price structure for pipe insulation varies with respect to production processes and raw materials used. The growing demand for pharmaceutical and cosmetic products is driving the expenditure on capacity additions by major pharmaceutical companies. Process pipes form an integral component in these production facilities and are expected to generate significant demand for pipe insulation over the forecast period. Corrosion under insulation has been one of the major challenges faced by the industry. It is a localized form of external corrosion that occurs on carbon, low alloy steel, and stainless-steel pipes operating at temperatures above 80° Celsius.

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Insulation Industry Data Book Competitive Landscape

Unlike other markets, the players in the global insulation market are more inclined towards increasing their market share through organic growth, rather than mergers and acquisitions. Companies in the market are focusing on expanding their product portfolio by developing cost-effective insulation products with enhanced properties.

Key players operating in the Insulation Industry are:

  • Armacell
  • Lydall, Inc
  • Kingspan Group
  • Owens Corning
  • Huntsman International LLC
  • Saint-Gobain Group

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Ammunition Industry: List of Key Emerging Companies, Technology Disruptors, and Innovators

Ammunition Industry Data Book Covers Small Caliber Ammunition, Medium Caliber Ammunition, and Large Caliber Ammunition Market

The global Ammunition industry was estimated at USD 22.96 billion in 2022 and is anticipated to increase at a significant CAGR of 3.1% from 2023 to 2030.

Grand View Research’s ammunition 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.

Small Caliber Ammunition Market Insights

The global Small Caliber Ammunition Market size was valued at USD 11.93 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. Terrorism and political violence risks are expected to incline on account of rising geopolitical tensions and weakening of liberal democratic governance. Also, the repercussive effects of chronic conflicts are emerging as one of the major factors, intensifying the political violence across the globe. Protracted and complex armed conflicts with multiple states and non-state actors is one the major contributing factor to political violence, thereby having a degrading effect on the security and stability of the regions. Also, a broader shift towards populist nationalism and authoritarian governance is one of the major factors heightening the war and civil commotion risks. These factors are expected to positively influence the market growth of small caliber ammunition.

5.56mm caliber includes 5.56 × 45, and others. The 5.56mm NATO cartridge can be recognized by its appearance, the painting of projectile tips, the stamping with the initials of the manufacturer and manufacturing year on the base of the cartridge case, and the markings on the packing containers. 5.56mm caliber are expected to rise owing to their high availability and are used by the Soviet Union on a large scale.

Small Caliber Consumption share, by Product, 2022 (%)

Medium Caliber Ammunition Market Insights

The global Medium Caliber Ammunition Market size was valued at USD 3.56 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 2.9% from 2023 to 2030. In the recent past, the prospects of interstate conflicts have reached their peak after the end of the Cold War. Also, weak leadership in international diplomacy coupled with rising geopolitical tensions have contributed to the sustained risk of armed conflict in recent years. Moreover, the growing rate of polarization over economic, political, and social issues in mature economies coupled with division in western countries in the face of complex risks and threats, is further projected to deteriorate global security and lead to strategic uncertainty.

The Asia Pacific region has witnessed an unprecedented surge in the defense spending over the past decade. Rising geopolitical tension and border disputes between the regional powers have been the primary driving factor boosting the defense spending in the region. Additionally, the growing threat from terrorist activities and separatist insurgency has had a major influence on increasing defense spending in the region. This in turn is expected to positively influence the market for medium caliber ammunition over the forecast period.

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Large Caliber Ammunition Market Insights

The global Large Caliber Ammunition Market size was valued at USD 5.12 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 1.9% from 2023 to 2030. Large caliber ammunition include ammunition with 105mm caliber and 120mm caliber. Large caliber cartridges are generally projectiles. These cartridges are designed for long-range tank engagement and are used for anti-armor weapons. Large caliber ammunition can be classified into spin-stabilized, fin-stabilized, and rocket-assisted, which is a combination of spin-stabilized and fin-stabilized. A majority of the guns use spin-stabilized large caliber cartridge as it promotes flight stability using spinning, whereas fin-stabilized projectiles obtain stability through the fins located at the end of the projectile. These cartridges are also used for gunnery training in tank-mounted gun cannons.

Russia’s invasion of Ukraine has substantially raised the global security concerns thus opening the growth opportunities for the large caliber ammunition segment. As a result, the large caliber ammunition manufacturers based in the U.S. which is the major hub of munition manufacturing has ramped up the production exponentially, thus positively influencing the target market growth.

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Ammunition Industry Data Book Competitive Landscape

Key companies, such as General Dynamic Corporation, Northrop Grumman, and BAE Systems, generate majority of their revenues through military and government channels. Their primary customers include the U.S. Department of Defense and intelligence community. Moreover, they also deliver products to the U.S. government customers including the Department of Homeland Security.

Key players operating in the Ammunition Industry are:

  • Northrop Grumman Corporation
  • FN Herstal
  • Olin Corporation
  • General Dynamics Corporation
  • BAE Systems, Inc.
  • Rheinmetall Defense
  • Nexter KNDS Group

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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. 

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Musical Instruments Industry: Demand for Keyboards Is Expected to Increase Significantly During the Forecast Period

Musical Instruments Industry Data Book Covers Stringed, Percussion, Wind, and Keyboard Instruments Market

The global Musical Instruments industry was estimated at USD 14,117.9 million in 2022 and is anticipated to increase at a significant CAGR of 7.3% from 2023 to 2030.

Grand View Research’s 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.

Stringed Instruments Market Insights

The global Stringed Instruments Market size was valued at USD 8,958.3 million in 2022 and 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.

Stringed instruments offer a wide range of tonal possibilities and can be used in various music genres and styles, from classical to rock, folk to jazz. Guitars, violins, cellos, and ukuleles are found in diverse musical landscapes. Their versatility attracts musicians from different backgrounds, expanding the market reach of these instruments and driving 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.

For example, Wood Violins, a renowned manufacturer of electric violins, unveiled the new Viper Classic at the National Association of Music Merchants in 2022. The Viper Classic is available in 4-string and 5-string fretless models, featuring a wood Tru-Tone piezo pickup with a transducer in the bridge. It also includes a first-position heel, which benefits players who are just starting out on the electric violin.

Stringed Instruments Market Share, by Product, 2022 (%)

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Keyboard Instruments Market Insights

The global Keyboard Instruments Market size was valued at USD 2,843.5 million in 2022 and will grow 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.

For instance, in January 2023, Yamaha, the world's largest manufacturer of musical instruments, announced the launch of the P-S500, a digital piano designed for beginners. The new P-S500 is equipped with Stream Lights technology, which uses red and blue lights above each key to visually guide the pianist on which notes to play and when to play them. Additionally, the P-S500 pairs with the Smart Pianist app, providing users with a seamless connection to a smart device and granting full access to instrument controls and configuration tools.

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

Musical Instruments Industry Data Book Competitive Landscape

The manufacturers in the musical instruments market aim to achieve optimum business growth and a strong market position through the implementation of various strategies such as acquisitions, new product launches, collaborations, and strengthening of distribution networks in the global as well as regional markets. Musical instrument manufacturers aim to strengthen their market positions by expanding their customer base through diversification of their product portfolios and incorporating a wide range of musical instruments. Thus, the players are aiming to achieve business growth in the regional market through product launches, mergers, acquisitions, and other strategic initiatives.

Key players operating in the Musical Instruments Industry are:

  • Casio Computer Co., Ltd.
  • F. Martin & Co., Inc.
  • D'addario & Company, Inc.
  • Eastman Music Company
  • Fender Musical Instruments Corporation

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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. 

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Bicycle Industry: Technology Trends and Growth Driver Analysis, 2023 - 2030

Bicycle Industry Data Book Covers Bicycle, Bicycle Accessories, and Cargo Bikes Market

The global Bicycle industry was estimated at USD 76.01 billion in 2022 and is anticipated to increase at a significant CAGR of 9.5% from 2023 to 2030.

Grand View Research’s bicycle sector data book is a collection of market sizing information & forecasts (2017-2030), key players’ competitive benchmarking analysis, government regulatory data, macro-environmental analysis, and 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.

Bicycle Market Insights

The global bicycle market size was valued at USD 64,625.7 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.7% from 2023 to 2030. The increase in the number of people opting for bicycling as a form of leisure is anticipated to propel market growth. Preference for bicycles as a convenient form of exercise to ensure a healthy life, free from obesity and other disorders, is expected to further boost the market expansion. The popularity of dockless bicycle-sharing systems has been rising lately. This system allows users to locate a bicycle nearby and unlock it electronically. Incepted originally in Europe, dockless bicycle-sharing systems are gaining popularity, particularly in Asian nations such as India and China.

Furthermore, recent advancements in mobile app development and Global Positioning System (GPS) have resulted in app-based dockless bicycle-sharing systems. Moreover, the growing adoption of such dockless bicycle-sharing systems is anticipated to fuel the demand for cycles significantly. Chinese bicycle-sharing companies are particularly investing and expanding their operations aggressively in European nations to capitalize on the market opportunities. This is expected to boost the market growth in the forthcoming years.

People have started realizing the importance of staying fit and having a healthy life. They have also started realizing that regular bicycling can keep disorders, such as obesity, at bay. The market is likely to grow as more and more people are resorting to bicycling as a regular form of exercise. Events such as Tour de France and Ronde van Vlaanderenare further add to the popularity of these vehicles. Meanwhile, a rise in bicycling events being organized in various countries in Asia, Africa, and the Middle East is fueling the sales of mountain and road bicycles.

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Global Bicycle Accessories Market, by Sales Channel, 2022 (%)

Bicycle Accessories Market Insights

The global bicycle accessories market size was valued at USD 11.43 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The market growth can be attributed to factors, such as health and fitness trends and increasing environmental concerns. As more people take up cycling for transportation, exercise, or leisure, the demand for bicycle accessories has also increased. From helmets, lights, and locks to bags, mirrors, water bottle cages, and pedals, bike accessories are crucial in enhancing the safety, comfort, and functionality of bicycles and cyclists. With the emergence of e-bikes and the growing popularity of cycling among younger generations, the industry is expected to continue its growth in the coming years.

Increase in e-bike sales: E-bikes or electric bikes, have also contributed to the growth of the market. As more people switch to e-bikes for their daily commutes or leisure rides, there is an increasing demand for accessories, such as mounts, integrated lighting, and horn systems, as they help increase the rider’s safety. For example, bicycle lights help cyclists be seen by other road users, especially in low-light conditions or when riding at night. This can be especially important on roads with heavy traffic, where motorists may have difficulty spotting cyclists. In addition, cyclists can reduce the risk of an accident by making themselves more visible by installing appropriate lighting systems.

The high volume of traffic and resulting congestion, coupled with concerns for rider safety and the increasing popularity of cycling, have contributed to a surge in the adoption of bicycle accessories. Other factors driving industry growth include rising interest in cycling sports, growing demand for sports and mountain bikes, and increasing sales of electric bicycles (e-bikes) in emerging markets. As a result, accessories, such as speedometers, mudguards, handlebar grips, LED lights, gloves, helmets, mirrors, and other related products have experienced a rise in demand, leading to projections of rapid expansion in the market.

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Bicycle Industry Data Book Competitive Landscape

Key companies are investing aggressively; launching new products; introducing new services, such as home delivery of high-end bicycles, after-sales support, and maintenance; and pricing their products and services competitively as part of the efforts to retain their competitiveness. Moreover, a few key market players are expanding their market presence by opting for strategies such as mergers & acquisitions and partnerships and collaborations. For instance, in November 2021, PIERER Mobility AG acquired FELT Bicycles. With this acquisition, PIERER has planned to expand its operations in the North American market for bicycles. This acquisition was intended to serve a customer segment demanding customizing their bicycle according to their individual needs.

Key players operating in the Bicycle Industry are:

  • Accell Group
  • Atlas Cycles (Haryana) Ltd.
  • Avon Cycles Ltd
  • Cervelo
  • Dorel Industries Inc.

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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. 

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Electric Vehicle Charging Station Industry: Competitive Dashboard Analysis, 2023 - 2030

Electric Vehicle Charging Station Industry Data Book Covers Electric Vehicle Charging Infrastructure and Micro Mobility Charging Infrastructure Market

The global Electric Vehicle Charging Station industry was estimated at USD 24.26 billion in 2022 and is anticipated to increase at a significant CAGR of 25.5% from 2023 to 2030.

Grand View Research’s electric vehicle charging station sector database is a collection of market sizing information & forecasts, regulatory data, 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.

Electric Vehicle Charging Infrastructure Market Insights

The global electric vehicle (EV) charging infrastructure market size was valued at USD 19.67 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 25.5% from 2023 to 2030. The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric vehicles. As a result, the demand for an electric vehicle charging infrastructure among commercial and residential applications. Moreover, the increasing partnerships between car manufacturers for charging facilities by providing a subscription model is expected to further drive the market.

The technological progress of both electric vehicles charging software and hardware is expected to change the way electric vehicle owners use and benefit from electric vehicle charging applications. Technologies such as Smart car API and charging networks precisely determine an electric vehicle’s charge time even before the car driver plugs the car into a station. Additionally, green energy is expected to play a significant role in both public and residential electric vehicle charging space. Electric vehicle owners are majorly concerned about carbon emissions. To address these concerns, companies are making rapid advancements in the charging technologies of their electric vehicle charging networks.

The market penetration of electric vehicle charging equipment is significantly high at commercial spaces as compared to residential places. The number of commercial charging stations is predicted to increase in line with the growing adoption of electric vehicles. Efforts toward strengthening the charging infrastructure in commercial spaces would be decisive toward encouraging the adoption of electric vehicles, as overnight charging at residential complexes or individual home would not be sufficient for long-distance journeys. Moreover, public charging infrastructure would also facilitate the ultra-fast charging capabilities necessary for long-distance journeys. However, electric vehicle chargers for residential spaces can also offer significant growth potential as they provide a cheaper and convenient mode for charging electric vehicles as compared to commercial charging stations.

Electric Vehicle Charging Infrastructure Market Annual Sales of Electric Vehicles in the U.S. (2017-2021)

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Micro Mobility Charging Infrastructure Market Insights

The global micro-mobility charging infrastructure market size was valued at USD 4.58 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 25.8% from 2023 to 2030. Increasing adoption of micro-mobility vehicles such as e-scooters and e-bikes to help reduce pollution and congestion, especially in crowded cities is a major factor driving the market growth. Micro-mobility is a better alternative to public transportation for countries worldwide focusing on solving their transportation problems rising concern of emissions from vehicles running on gasoline or diesel. Moreover, government subsidies and tax incentives aimed at encouraging the adoption of micro-mobility vehicles are further expected to create more growth opportunities for the market.

Rising applications of micro-mobility vehicles in the transportation and commercial sectors are presenting the need for a strong network of micro-mobility charging stations. In response to the rising demand, micro-mobility vehicle manufacturers are also focusing on offering charging networks across the globe. For instance, in November 2020, TIER, a German e-scooter startup, raised USD 250 million in a Series C funding round from SoftBank Vision Fund 2 to expand its presence in European cities. Such developments bode well for the growth of the micro-mobility charging infrastructure market over the forecast period.

The rapidly growing demand for shared mobility solutions is further expected to drive the market growth over the forecast period. Increasing traffic congestion, fuel cost, and rapidly shrinking parking spaces in emerging and developed countries have led to a greater demand for shared mobility solutions. Moreover, citizens prefer the use of shared mobility solutions as they are cheaper than other modes of transportation and eliminate the issues related to parking spaces. However, the high costs of setting up micro-mobility vehicle charging infrastructure could hamper the growth prospects of the market to a certain extent.

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Electric Vehicle Charging Station Industry Data Book Competitive Landscape

The key market players have developed novel concepts and ideas and upgraded the current set of products to sustain the intense competition in the market. The players have adopted new product development as their key developmental strategy to cater to the increasing demand from end-users. The electric vehicle charging infrastructure market and micro mobility charging infrastructure market can be described as moderately fragmented markets characterized by the presence of various prominent players driving competition by pursuing various strategies aimed at long-term sustenance.

Key players operating in the Electric Vehicle Charging Station Industry are:

  • ChargePoint, Inc.
  • Tesla, Inc.
  • ABB
  • BP Chargemaster
  • ClipperCreek, Inc.

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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. 

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Plastic Packaging Industry: Driver, Restraint, Challenge and Opportunities Analysis, 2023 - 2030

Plastic Packaging Industry Data Book Covers Food & Beverage, Personal & Household, Industrial and Pharmaceutical/ Healthcare Plastic Packaging Market

The global Plastic Packaging Industry was estimated at USD 347.35 billion in 2022 and is anticipated to increase at a significant CAGR from 2023 to 2030.

Grand View Research’s plastic packaging sector 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 a statistics e-book.

Food & Beverage Plastic Packaging Market Insights

The global Food & Beverage Plastic Packaging Market size was estimated at USD 190,550.86 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% during the forecast period. Food and beverage is one of the largest markets with a significant impact on the global economy and is constantly growing at a significant rate owing to the rising population around the globe. Changing lifestyles, high rates of urbanization, and increased per capita income are driving the demand for packaged food and beverages, which, in turn, is driving the plastic packaging market.

The global food & beverage plastics packaging market is expected to witness growth on account of rising demand for packaged food & beverage demand in developed and developing economies, stringent regulations regarding the preservation of packaged food shelf life, and more convenient features offered by plastic packaging compared to other types of packaging. The convenience can be in the type of weight, price, heat-sealable, portability, and ease of use. Growing demand for packaged ready-to-eat meals, snacks, beverages, and other food products is substantially propelling the penetration of packaging in the food & beverage sector which can positively drive the demand for food & beverage plastic packaging.

Food & Beverage Plastic Packaging Consumption Share, by Region, 2022

Personal & Household Plastic Packaging Market Insights

The global Personal & Household Plastic Packaging Market size was estimated at USD 70,911.49 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% during the forecast period. Rising consumption of cosmetics, along with increasing disposable income and demand for personal care products, is likely to drive the demand for plastic packaging in personal care & cosmetics applications. Moreover, various product innovations, such as Envers, an extensive range of cosmetic packaging from Lumson S.P.A., which utilizes airless technology on its polyethylene terephthalate glycol (PETG) bottles, increase the demand for added functionality.

Demand for cosmetics and personal care products from millennials is on the rise in major countries including the U.S., China, India, and other developing economies. The consumer base in these countries is expected to increase substantially over the forecast period leading to a higher demand for plastic packaging.

Polyethylene terephthalate is known for its durability, transparency, and resistance to moisture. These properties have made cosmetics product manufacturers consider PET for packaging. Glass and metals have been used considerably in cosmetics product manufacturing. However, the cost associated with these materials positions PET and other plastics at a lower level, thus bringing down the overall cost of the final product. Since the cosmetic products are high priced the rise in packaging cost can hamper the profit margins of the cosmetic product manufacturers.

Order your copy of the Free Sample of “Plastic Packaging Industry Data Book - Food & Beverage, Personal & Household, Industrial and Pharmaceutical/ Healthcare Plastic Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Industrial Plastic Packaging Market Insights

The industrial packaging segment includes automotive, construction, energy, transportation, and chemical packaging applications. Various automotive parts such as sealing parts, dashboard assemblies, interior panels, interior door panels, bumpers, and air ducts use plastic packaging.

Plastic is a primary material for shippers, pallets, drums, crates, containers, and IBCs which are primarily used for the transportation of industrial, chemical, and petrochemical products. The growing e-commerce industry is expected to create demand for such pallets, shippers, and crates owing to additional warehousing requirements.

The petrochemical market is projected to grow due to the critical demand from end markets that consume petrochemicals. Petrochemicals are widely consumed in chemical, automotive, and other industrial sectors to produce lubricants, motor oil, adhesives, coatings, and paints. The demand for these products is driven by the growth of the automotive, construction, and manufacturing sectors. The growing population and urbanization across the globe are propelling these sectors’ growth which can increase the consumption of petrochemical-based products, thus fueling the demand for rigid bulk packaging.

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

Plastic Packaging Industry Data Book Competitive Landscape

The market players compete based on product quality, production capacity, the technology used to produce packaging, and their geographical presence. Major players engage in investing in research and development, developing infrastructure, production facilities expansion, and mergers and acquisitions to vertically integrate their operations across the plastic packaging value chain. These initiatives help them expand their customer base, reduce production costs, develop state-of-the-art products and technologies, ensure competitiveness, and improve their revenue & operations profits.

Key players operating in the Plastic Packaging industry are:

  • Amcor plc
  • Sealed Air
  • Coveris
  • Sonoco Products Company
  • CCL Industries

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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. 

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Grand View Research, Inc.
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Recycled Plastics Industry: Recycled Polyethylene Terephthalate Market Size to expand at a CAGR of 5.1% by 2023-2030

Recycled Plastics Industry Data Book Covers Recycled Polyethylene, Recycled Polyethylene Terephthalate (rPET), Recycled Polypropylene, Recycled Polyvinyl Chloride (PVC), and Recycled Polystyrene Market

The global Recycled Plastics Industry was estimated at USD 47.61 billion in 2022 and is anticipated to increase at a significant CAGR from 2023 to 2030.

Grand View Research’s recycled plastics sector 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 a statistics e-book.

Recycled Polyethylene Market Insights

The global Recycled Polyethylene Market size was estimated at USD 12.37 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% during the forecast period. Polyethylene includes high-density polyethylene (HDPE) and low-density polyethylene (LDPE). Polyethylene dominated the recycled plastics market in 2022 and is estimated to maintain its dominance over the forecast period. This can be attributed to the rising consumption of polyethylene for producing reusable bags, agriculture films, toys, milk bottles, housewares, containers, shampoo bottles, trays, food packaging films, and toys. Furthermore, properties such as excellent solvent resistance, high tensile strength, flexibility, toughness, and relative transparency drive the demand for polyethylene in the recycled plastics market.

Recycled HDPE is mainly used to manufacture milk cartons, cutting boards, garbage bins, pens, plastics, fencing, tables, lumber, and bottles. Recycled HDPE offers stiffness with a highly crystalline structure and high density. LDPE waste is mainly generated from household products such as grocery bags, squeezable bottles, plastic wraps, and frozen food containers. Recycled LDPE produces bubble wraps, furniture, garbage cans, and floorings.

Recycled Polyethylene Consumption Share, by Region, 2022

Recycled Polypropylene Market Insights

The global Recycled Polypropylene Market size was estimated at USD 11.11 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% during the forecast period. Polypropylene offers excellent chemical and mechanical properties, which make it suitable for use in various industries such as automotive, packaging & labeling, and medical devices. Recycled polypropylene is also used to manufacture battery cases, signal lights, battery cables, brooms and brushes, ice scrapers, kitchen utensils, plastic lumber, outdoor rugs, and oil funnels.

Polypropylene is one of the most formulated plastics across the globe. Properties of polypropylene, such as low moisture & vapor transmission, excellent optical clarity in biaxially oriented films & stretch blow molded containers, and chemical and electrical resistance, are further propelling its demand in the recycled plastics market. Moreover, it manufactures garden rakes, storage bins, shipping pallets, and trays.

Order your copy of the Free Sample of “Recycled Plastics Industry Data Book - Recycled Polyethylene, Recycled Polyethylene Terephthalate (rPET), Recycled Polypropylene, Recycled Polyvinyl Chloride (PVC) and Recycled Polystyrene Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Recycled Polyvinyl Chloride (PVC) Market Insights

The global Recycled Polyvinyl Chloride Market size was estimated at USD 6.25 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% during the forecast period. Sorting and separation are significant challenges in the polyvinyl chloride recycling process. Different formulations composed of various additives are used to produce PVC plastic products, and separating different types of plastics, fillers, and stabilized flame retardants takes work. Furthermore, contamination of other waste streams, such as polyethylene terephthalate, polystyrene, and polyethylene with polyvinyl chloride, carries a significant risk of releasing hydrochloric acid (HCI) at elevated temperatures. These issues associated with PVC recycling affect its demand in the recycled plastics market.

Polyvinyl chloride is found in rigid bottles, clamshells, flexible medical & bedding bags, shrink wrap, wire/cable insulation-coated fabrics, and flooring. Recycled polyvinyl chloride is used to manufacture windows, pipes, floor tiles & mats, gutters, electrical boxes, traffic cones, garden hoses, fencing, films & sheets, cassette trays, electrical boxes, mobile home skirting, and binders, among others.

Recycled Polyethylene Terephthalate (rPET) Market Insights

The global Recycled Polyethylene Terephthalate (rPET) Market size was estimated at USD 5.20 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% during the forecast. Various types of clothing, such as t-shirts and jackets, use fiber from recycled PET. It is also used in manufacturing automobile seat covers, sofa & chair seat covers, and carpets. The low production cost of clothing and favorable government regulations are the factors expected to drive the demand for recycled PET. Increasing investments in sports activities globally are augmenting the growth of the sports clothing & accessories market, which, in turn, are expected to drive the demand for recycled PET fibers. Jerseys for sports teams are the most common products manufactured using recycled PET fiber. The market for jerseys has grown substantially in Asia Pacific over the past ten years due to increased sports activities in the region, especially in China and India.

The recycled PET market is the largest in the Asia Pacific because of a strong manufacturing industry wherein rPET is widely used across several applications. A broad customer base, government initiatives, and cheap production costs are expected to grow the rPET market. Asia Pacific will continue to be the largest market for rPET owing to a strong network of manufacturing facilities located in economically viable countries in the region. The high import of post-consumer PET bottles and primary production sites due to relaxed regulations is expected to drive market growth.

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

Recycled Plastics Industry Data Book Competitive Landscape

The global players face intense competition from each other and regional players with strong distribution networks and good knowledge about suppliers and regulations. Expanding application areas within the packaging, construction, agriculture, and consumer goods, among other industries, are anticipated to offer growth opportunities for crucial and small and medium market players. In addition, regional players know local competition and recycled plastics demand, which gives them a competitive edge over other players. Therefore, the market players are focusing on strengthening their market positions in the emerging markets of Asia Pacific and Europe through different geographical expansion strategies.

Key players operating in the Recycled Plastics industry are:

  • Biffa
  • Stericycle
  • Republic Services, Inc.
  • Waste Management, Inc.
  • Veolia

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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.
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Female Infertility Industry Upcoming Trends, PEST Analysis and Forecast

Female Infertility Industry Data Book Covers In Vitro Fertilization (IVF) and Artificial Insemination Market

The global Female Infertility Industry was estimated at USD 25.7 billion in 2022 and is anticipated to increase at a significant CAGR of 5.97% from 2023 to 2030.

Grand View Research’s female infertility 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 and summary presentations on individual areas of research along with a digital healthcare statistics e-book.

In Vitro Fertilization Market Insights

The global in vitro fertilization market size was valued at USD 23.6 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.72% from 2023 to 2030. Rising repro tourism and the increasing cases of male and female infertility are the key factors driving the market growth. Infertility is one of the major health concerns faced by individuals globally. According to WHO, 8%-10% of couples globally suffer from infertility which is around 80 million couples worldwide. According to the American Pregnancy Association, male infertility accounts for 30% of infertility cases and contributes to around one-fifth of infertility cases. The average age of women and men getting married and having their first child is increasing. This trend has increased the number of women seeking the In Vitro Fertilization (IVF) treatment.

Moreover, to focus on their career, many women freeze their eggs to have the child at a later stage. The rising dependence on fertility treatments will support market growth. Availability of funds is leading to a rise in the adoption of IVF procedures. To increase the success rate of IVF, techniques such as Testicular Sperm Extraction (PESA and TESE), are being introduced along with the development of new products. In June 2018, an Australian scientist developed an Artificial Intelligence (AI) tool called Ivy for the identification of an embryo with the best chance of pregnancy. PICSI (Physiological Intra-cytoplasmic Sperm Injection) is one of the techniques of sperm selection and is recommended for couples with a history of miscarriages, low embryo quality, and low fertility. Such technologies help increase the success rate of IVF pregnancies.

To compete in the modern business environment, it is crucial for all organizations (manufacturers, clinics, and hospitals) to develop their virtual presence to increase awareness about infertility, infertility treatment, and their services. As infertility is a sensitive issue, people are reluctant to discuss it openly, particularly in developing countries. Hence, developing authenticity and trust through digital platforms is a key challenge for service providers. The providers can take an initial step to gain a center’s or manufacturers’ trust by displaying the hospital’s or approval committee’s certificates, introducing the doctors or scientists, and sharing their coordinates to establish and authenticate their identity.

Global In-Vitro Fertilization Market Share, by End-use, 2022 (%)

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Artificial Insemination Market Insights

The global artificial insemination market is valued at USD 2.1 billion as of 2022 and is expected to expand at a CAGR of 8.58% for the forecast period 2023-2030. This can be majorly attributed to the demand for minor fertility treatments and lower costs of treatment compared to IVF. Intrauterine insemination is the preferable treatment among all types of artificial insemination procedures. The intrauterine mode of insemination involves placing the sperm sample directly in the uterus and yields higher pregnancy rates. It is a non-invasive technique and is preferred by most of the infertile couples.

The market’s growth is driven by the lower cost of treatment, which is more suitable for minor fertility conditions and same-sex couples or single women. As per Human Fertilization and Embryology Authority (HFEA), the success rate of artificial insemination per cycle ranges from 15.8% for women under 35 to 11% for women aged 35 to 39, and 4.7% for women aged 40 to 42. Over the first six cycles, more than half of the women who had IUI reported pregnancy.

IUI is preferred over other methods as it is noninvasive, affordable, can be easily performed, there are minimum risks involved, and is easy to train. The pregnancy rate by IUI is higher than that by other modes of insemination.

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

Female Infertility Industry Data Book Competitive Landscape

Development of innovative products and their commercialization, mergers, and geographical expansions are key strategies undertaken by market players. The market is technologically driven and requires a fairly large investment to introduce effective techniques and procedures. In addition, stringent government protocols related to fertility treatments in certain areas are expected to limit the entry of new players.

Key players operating in the Female Infertility industry are:

  • Ferring B.V.
  • Vitrolife AB
  • CooperSurgical, Inc.
  • Cosmos Biomedical Ltd.
  • Merck KGaA

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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:

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Grand View Research, Inc.
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Weight Loss Procedures Industry: Opportunities and Challenges, 2023 - 2030

Weight Loss Procedures Industry Data Book Covers Liposuction Surgery, Bariatric Surgery, and Non-invasive Fat Reduction Market

The global Weight Loss Procedures Industry was estimated at USD 12.1 billion in 2022 and is anticipated to increase at a significant CAGR of 10.9% from 2023 to 2030.

Grand View Research’s weight loss procedures industry data book is a collection of market sizing information & forecasts, regulatory data, 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.

Liposuction Surgery Market Insights

The global liposuction surgery market size was estimated at USD 5.4 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. The rising frequency of men and women who want to be in proper shape and reduce & remove excess fat from their bodies has led to high demand for liposuction surgeries thus driving the Liposuction surgery market. The liposuction procedure is gaining popularity due to the positive influence garnered by it on social media and the scope of better outcomes while reducing costs & minimizing health risks.

The growing trend of noninvasive cosmetic procedures and liposuction is expected to witness significant demand. The field of liposuction has observed many new developments based upon advancements in technology, such as ultrasonic-assisted liposuction, Vaser, Smart Lipo laser-assisted liposuction, Slim Lipo, and PAL power-assisted liposuction. 

Liposuction Surgery Market by Key Trends

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Non-Invasive Fat Reduction Market Insights

The global non-invasive fat reduction market size was estimated at USD 1.5 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 14.6% from 2023 to 2030. Non-invasive fat reduction is a procedure carried out to remove excess fat from certain parts of the body by using methods, such as laser, lipolysis, cryolipolysis, and radiofrequency. Non-invasive devices used in these procedures are FDA-approved as their safety & efficiency have been tested and have shown significant results. In March 2023, the FDA approved the EON Smarter Body Contouring device manufactured by Dominion Aesthetics Technologies, Inc. for the treatment of back and thighs. The device is designed with state-of-the-art technology, which offers maximum flexibility and can be used for the treatment of all patients.

These procedures are to be carried out by professional practitioners who are technically sound to execute these treatments. Some of the famous brands for non-invasive fat reduction procedures are CoolSculpting, Kybella, Vanquish, and Sculpsure. The COVID-19 pandemic had a negative impact on the growth of this market. Since the lockdown guidelines instructed the delay of several elective procedures, the demand for non-invasive fat reduction devices was also reduced. Most of the clinics were on the verge of shutting down as a result of a lesser number of procedures and disruption in production and supply chain. However, with the easing of lockdown restrictions, a surge in aesthetic surgeries was observed in the following years.

According to a study published in the National Library of Medicine in January 2023, in 2021, the number of cosmetic surgeries related to aesthetic, plastic, and reconstructive surgeries increased by 49.4% compared to 2020 and 29.7% compared to 2019. The sedentary lifestyle of people is expected to further propel the growth of this market as it leads to obesity and other diseases. According to an article released by the World Health Organization in October 2022, around 500 million people around the globe are likely to develop obesity, heart disease, and other chronic disorders by 2030 due to their sedentary lifestyle.

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

Weight Loss Procedures Industry Data Book Competitive Landscape

The industry growth is directly associated with the shift in technology, demand for noninvasive procedures, and the extensive adoption of advanced healthcare technology for improved healthcare services. Moreover, the competition among major market players will turn intense in the upcoming years as they are focusing more on strategic collaborations, geographical expansion, and partnerships through mergers and acquisitions. For instance, in November 2018, Fosun Pharmaceuticals Co. Ltd announced the launch of their hybrid body & face contouring platform called RESHAPE for skin tightening, fat reduction, and facial anti-aging treatments, at the Cosmoprof Asia tradeshow in Hong Kong.

Key players operating in the Weight Loss Procedures industry are:

  • Long Island Plastic Surgical Group
  • Anadolu Medical Center
  • The Ageless Clinic
  • Hospital Samaritano de Sao Paulo
  • Your Lipo

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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:

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Water Treatment Systems Industry: List of Key Manufacturers, 2023 - 2030

Water Treatment Systems Industry Data Book Covers Point of Use Water Treatment Systems and Point of Entry Water Treatment Systems Market

The global Water Treatment Systems industry was estimated at USD 35,035.9 million in 2022 and is anticipated to increase at a significant CAGR from 2023 to 2030.

Grand View Research’s water treatment systems 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.

Point of Use Water Treatment Systems Market Insights

The global point of use water treatment systems market size was valued at USD 26,059.9 million in 2022 and is anticipated to ascend at a compound annual growth rate (CAGR) of 9.4% from 2023 to 2030. This is attributed to the increasing water pollution, the rising urban population, and growing health awareness among the younger demographic. Stringent regulatory guidelines to restrict pollution in drinking water and global health awareness offered to augment the adoption of water treatment systems are predicted to drive the market over the forecast period. The point of use water treatment systems is priced in an affordable range for consumers. Increasing health awareness in the developed regions like North America and Europe, along with the developing countries in Asia Pacific, is expected to augment the market growth.

The COVID-19 outbreak had a substantial operational and economic impact on the global point-of-use water treatment sector. Since the water treatment business is classified as an essential service, the overall negative impact on the industry was moderate in comparison to other manufacturing industries. Supply chain disruptions and shortage of technicians occurred as a result of the unexpected lockdown and restrictions on the flow of commodities to minimize the spread of the virus.

According to the Water and Wastewater Equipment Manufacturers Association (WWEMA), supply chain challenges, inflation, and steel costs, particularly stainless steel prices, have risen dramatically, negatively impacting the market growth. This had a significant influence on water and wastewater equipment suppliers and contractors, affecting both raw material and acquired component pricing. The labor market was getting affected and many industries were witnessing staffing shortages. Recruiting, hiring, keeping, and paying new staff had become more expensive and complicated.

Point of Use Water Treatment Systems Market, by Country, 2022 (%)

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Point of Entry Water Treatment Systems Market Insights

The global point of entry water treatment systems market size was valued at USD 8,976.0 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. Increasing demand for water treatment systems due to the growing water pollution and growing population influx in urban areas is expected to have a positive impact on the market growth. The COVID-19 pandemic resulted in boosting the residential water consumption due to stay-at-home orders leading to the increased demand for water treatment systems. The industrial market for point of entry water treatment systems was negatively impacted as many industries had to scale down their production and water usage due to supply chain disruptions and economic instability.

The COVID-19 pandemic resulted in low mortgage rates in the U.S. leading to the growth in residential construction. This led to an increased demand for point of entry water treatment systems. Moreover, the governments’ push towards housing through its infrastructure bill is expected to create a positive sentiment towards residential construction, further boosting the market growth.

Rising awareness regarding the consumption of treated water has contributed significantly to the adoption of water treatment systems that can help avoid the spread of waterborne diseases. The adoption of point of entry water treatment systems is increasing on account of their ability to provide safe water, which is free from contaminants endangering human health.

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

Water Treatment Systems Industry Data Book Competitive Landscape

The manufacturers of water treatment systems adopt several strategies, including merger & acquisition, partnership & joint ventures, new product developments, distributor agreements, new online channels, and geographical expansions, to augment their market presence and cater to the ever-changing consumer requirements. Strategies adopted by the companies usually include product portfolio expansion, collection network expansion, and geographic network expansion. 

Key players operating in the Water Treatment Systems Industry are:

  • 3M
  • Honeywell International Inc.
  • DuPont
  • Panasonic Corporation
  • Pentair plc
  • BWT Aktiengesellschaft
  • Culligan

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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:

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Veterinary Rehabilitation Services Industry: Segment Analysis by Therapy Type, 2018 - 2030

Veterinary Rehabilitation Services Industry Data Book Covers Companion Animal, Livestock, and, Wildlife Animal Market

The global Veterinary Rehabilitation Services industry was estimated at USD 651.6 million in 2022 and is anticipated to increase at a significant CAGR of 11.53% from 2023 to 2030.

Grand View Research’s veterinary rehabilitation services industry data book is a collection of market sizing information & forecasts, regulatory data, competitive benchmarking analyses, macro-environmental analyses, and 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.

Companion Animal Rehabilitation Services Market Insights

The global companion animal rehabilitation services market size was valued at USD 499.7 million in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) 11.42% from 2023 to 2030. The growing awareness among veterinarians & pet parents regarding physical rehab therapies as a drug-free & non-invasive treatment for companion animals, improving trends of pet humanization, and increasing incidence of orthopedic & musculoskeletal problems coupled with respective surgery rates, are some of the key factors driving the market. In addition, the increasing number of organizations recruiting volunteer animal rehabilitators is further boosting the market growth. For instance, ‘our companion-animal rescue & sanctuary organization’ in the U.S. offers two different ways for the general public to volunteer in rehabilitating stray companion animals.

The COVID-19 pandemic has negatively impacted the market, majorly in the year 2020. This impact was brought on by the announcement of nationwide & statewide lockdown, which led to movement restrictions and the closure of vet rehabilitation centers. It created hurdles among veterinarians, rehabilitators, and pet parents in accessing physical therapies for their beloved animals owing to the forced cancellation of rehab programs. Moreover, the pandemic also created a looming recession and increased price rates for rehabilitation services, which affected the decisions of pet parents in choosing rehabilitation therapies.

Companion Animal Rehabilitation Services Market, by region, 2022, (%)

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Livestock Animal Rehabilitation Services Market Insights

The global livestock animal rehabilitation services market size was valued at USD 151.93 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 11.87% from 2023 to 2030. The market is primarily driven by the rising livestock population in developing countries, growing awareness about the benefits of rehabilitation modalities in livestock treatments, and increasing adoption of physical therapy among injured farm animals to accelerate healing. In addition, government-sponsored livestock rehabilitation organizations and foundations are increasing in developing regions, which further propels the growth of the market.

In the fiscal year 2020, the COVID-19 pandemic negatively impacted the livestock animal rehabilitation services industry. This impact was majorly due to the statewide & nationwide lockdowns announced during the early stages of the health crisis in several countries, which led to the closure of veterinary hospitals and limited access to farm animal rehabilitation services. According to an article published on February 2021 by the Ohio State University (College of Veterinary Medicine), ensuring proper healthcare and well-being of livestock animals during this pandemic was important to maintain a safe and stable food supply for humans. Therefore, veterinary care for farm animals was considered necessary, and hence the services resumed gradually.

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

Veterinary Rehabilitation Services Industry Data Book Competitive Landscape

Key players operating in the veterinary rehabilitation services market are BARC; Essex Animal Hospital, Blue Springs Animal Rehabilitation Center, and Triangle Veterinary Referral Hospital, among others. Veterinary rehabilitation hospitals and centers are routinely implementing strategic measures such as advancing their infrastructure with newer therapeutic instruments and launching novel service offerings for various animal species.

Key players operating in the Veterinary Rehabilitation Services Industry are:

  • Back on Track Veterinary Rehabilitation Center, LLC
  • Animal Acupuncture and Rehabilitation Center
  • BARC
  • Treasure Coast Animal Rehab & Fitness
  • Animal Rehab Center of Michigan

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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
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Endobronchial Ultrasound Biopsy Market Gains Momentum with Minimally Invasive Innovations

The global Endobronchial Ultrasound Biopsy Market is experiencing significant growth as healthcare providers increasingly adopt minimally i...