What Is The Future Of Air Fryer Market?

According to a report, “Air Fryer Market Size, Share & Trends Analysis Report by Product (Manual, Digital), By Distribution Channel (Offline, Online), By Region (North America, Europe, APAC, MEA, Central & South America), And Segment Forecasts, 2019 - 2025” published by Grand View Research, Inc. The global air fryer market size is anticipated to reach USD 1.05 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a healthy CAGR of 7.0% over the forecast period i.e., from 2019 to 2025. The introduction of innovative products with improved designs is the key factor driving the growth of this market. The growth of the market is also anticipated to be boosted by strong demand from restaurants, hotels, and hospitals. In addition, it is anticipated that the high demand for energy-efficient products would have a positive effect on consumer expansion.

Based on product type, the digital air fryer segment held the largest market share in 2018 and will retain its dominant position throughout the forecast years. The segment is also estimated to register the fastest CAGR from 2019 to 2025 due to the increasing demand for energy-efficient kitchen appliances. It is projected that the availability of advanced feature devices, such as a touch screen display, quick preheating, and temperature control knob, would fuel the market for digital air fryers. Recently, in July 2020, Shark Ninja launched a new Ninja Foodi 2-Basket Air Fryer. The air fryer uses a two-basket cooking system for additional flexibility relative to conventional air fryers. The 8-quart power air fryer with DualZone technology allows the user to cook two meals in two ways, and finish at the same time.

The offline segment held the leading market share in 2018. High product visibility and an increasing number of retailer stores, such as Walmart, in developing countries including India and China, is the main factor driving the growth of this segment. The online distribution channel segment is anticipated to expand at the fastest CAGR from 2019 to 2025. The rising popularity of e-commerce retailers, such as Amazon.com, is the key factor in boosting product sales through online channels.

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Air Fryer Market Report Highlights

1. The digital air fryer segment held the largest market share in 2018 owing to the increased demand for automatic cooking appliances in developing countries, such as the U.S., Canada, and Germany. The segment is expected to exhibit the highest CAGR during the forecast period.
2. The offline distribution channel was the leading segment in 2018. High product visibility and an increasing number of retailer stores, such as Walmart, in developing countries including India and China, are some of the key factors driving the growth of this segment.
3. The increasing success of e-commerce retailers, such as Amazon.com, is a crucial factor in boosting product revenue across online platforms. In addition, various offers and cashback promotions offered by online retailers help boost the sales of the product.
4. Europe led the regional air fryer market in 2018. It is also expected to remain dominant during the forecast years owing to the increasing health-conscious of individuals in the region leading to high demand for the product. 
5. The Asia Pacific region is expected to witness the fastest CAGR of 8.7% from 2019 to 2025. Increasing consumer disposable income levels in emerging countries along with rising health consciousness is the key growth-driving factor.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Cosmeceutical Market Size Is Estimated To Reach $70.0 Billion By 2025

The global cosmeceutical market size is expected to reach USD 70.0 billion by 2025, expanding at a CAGR of 5.1%, according to a new report by Grand View Research, Inc. The onset of cosmeceuticals has reformed the cosmetic and personal care industry. These products, unlike the makeup products have the ability to resolve the origin of the imperfections rather than just covering them.

This quality has resulted into a tremendous rise in the demand for the product and increased its share in the cosmetic and personal care industry. Additionally, there has been a remarkable rise in the demand for organic and natural commodities due to awareness regarding harmful side effects of the synthetic elements in these cosmetic products. Manufacturers are seen taking advantage of this trend.

Furthermore, it has been observed that the demand is high among the people of age group 30-45. Over the past decades, decreasing mortality rate has given rise to the aging population all over the globe. People living longer and wanting to retain their youthful appearance is positively impacting the market growth globally. Demand for anti-aging products in order to prevent hair damage, age spots, uneven skin tone, dry skin, and wrinkles is on the rise.

The skin care category dominated the cosmeceutical market with a share of 43.3% in 2018. Exposure to harmful ultraviolet radiations can cause premature skin-aging or can even result in skin cancer. This awareness has increased consumer’s focus on protecting their skin by using preventive skincare products. Moreover, demand for multifunctional product is expected to fuel the growth of sun-care cosmetic products in the forecast period. Hair Care is also expected to witness a considerable growth owing to an increase in the demand for products such as hair oil, hair color, shampoo, and conditioner.

Europe held the largest share of 32.2% in 2018. Moreover, the major countries in this region have the largest population of people suffering from dry skin, considering their weather conditions. This is likely to spur the demand for beneficial and multifunctional skin care cosmetic products. Asia Pacific is expected to witness the highest growth among other regions. The market in this region is gaining traction due to widely expanding developing economies.

Key players having a presence in the global market include Johnson & Johnson, Procter & Gamble, Sabinsa Corporation, L’Oréal, Allergan, AVON, Estee Lauder, Unilever, Beiersdorf, and Croda International Plc.

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Cosmeceutical Market Report Highlights

• By product type, the skin care category held the largest share of 43.3% over the forecast period
• By distribution channel, the supermarkets and specialty stores segment is expected to generate a revenue of USD 54.0 billion by 2025
• Europe dominated the global cosmeceutical market in 2018 and accounted for 32.2% share of the overall revenue. This trend is projected to continue over the next few years
• Asia Pacific is expected to expand at a CAGR of 5.4% over the forecast period
• Various manufacturers are concentrating on new product launches, capacity expansion, and product portfolio extension to estimate existing and future demand patterns from upcoming application segments.

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Cosmeceutical Market Segmentation

Grand View Research has segmented the global cosmeceutical market on the basis of product type, distribution channel, and region:

Cosmeceutical Product Type Outlook (Revenue, USD Billion, 2015 - 2025)

• Skin Care
• Hair Care
• Oral Care

Cosmeceutical Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Supermarkets & Specialty Stores
• Online Platform

Cosmeceutical Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• U.S.
• Europe
• U.K.
• Germany
• Asia Pacific
• India
• China
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Winter Wear Market Size Is Predicted To Reach $359.8 Billion By 2025

The global winter wear market size is expected to reach USD 359. 8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Rise in demand for winter wear products due to dropping temperature in many regions, along with rise in purchasing power of consumers, is anticipated to drive the market over the forecast period.

The market is driven by the use of the attractive and trendy lifestyle patterns such as hoodies, cardigans, and V neck wears. Rise of the offline channels such as fashion stores, design stores, and specialty stores have contributed altogether to the sales and offers of the products in the market. Moreover, changing fashion trends and frequent travelling by many people to cooler places for vacation and work purpose are also likely to drive the global market over the forecast period.

Winter wear products in North America are anticipated to ascend due to the rise in the sales of winter wear products, especially among women. Moreover, the attractive offers in the women winter wear segment due to high demand for the product innovations in the scarves and shawls category has added to the growth of the regional market. In U.S., the sales of the scarves and shawls segment was USD 2.5 billion in 2018 and is expected to witness significant growth in the neat future.

Rise in demand for winter wear products among consumers due to increase in global warming conditions, thereby lowering the weather temperature across the regions. However, growth in the distribution channel across the apparel sector is anticipate to formulate the demand for the product over the forecast period. Rise in purchasing power of consumers, along with demand for the premium and branded products among different end users, drives the market.

However, sudden changes in weather, along with depreciating environmental conditions, have increased the sales of winter wear clothing across different sectors. Moreover, shift in consumer preferences from conventional towards newly arrived apparels, along with attraction towards light weighted winter wear products, has fueled its growth.    

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Winter Wear Market Report Highlights

• By product, sweaters and cardigans are projected to ascend at a CAGR of 5.6% over the forecast period
• By end user, the men segment dominated the global winter wear market with an overall share of 45.0% in 2018
• Asia Pacific dominated the global market in 2018 and accounted for 35.2% share of the overall revenue. This trend is projected to continue over the next few years
• Due to increasing disposable income in India, South Korea, China, and Japan, the market in Asia Pacific is anticipated to witness growth in the coming years
• The industry is highly competitive in nature with the main players including Gap Inc.; VF Corporation; Columbia Sportswear Company; The North Face, Inc.; Patagonia, Inc.; and Zara SA
• Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments

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Winter Wear Market Segmentation

Grand View Research has segmented the global winter wear market on the basis of product, end user, and region:

Winter Wear Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Coats & Jackets
• Sweaters & Cardigans
• Shawls & Scarves
• Others

Winter Wear End User Outlook (Revenue, USD Billion, 2015 - 2025)

• Men
• Women
• Children

Winter Wear Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• Japan
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Leather Footwear Market Size Is Predicted To Reach $202.30 Billion By 2025

The global leather footwear market size is expected to reach USD 202,305 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 2.8% during the forecast period, attributed to the rise in working class population and disposable income, flourishing retail e-commerce sector, and evolving fashion trends in business wear. Availability of myriad products and shopping channels will further accelerate the growth.

Leather footwear market is closely aligned with consumer spending on fashion accessories. Rapid rise in spending on fashion accessories due to growing influence of social media is driving the market. Evolving shopping trends and increasing propensity toward buying high-end and designer shoes are estimated to fuel the market growth. On the other hand, availability of counterfeit shoe products developed by local manufactures may hinder growth. However, high demand for trendy, fancy, and comfortable footwear is driving the market growth.

The male end user segment accounted for the highest market share of about 56% in 2018. It is expected to register the fastest CAGR from 2019 to 2025. Growing awareness regarding physical appearance among the males along with evolving fashion trends, is also expected to drive the growth. High influence of advertising campaigns by big brands that feature popular male personalities is expected to result in an increasing demand from the young generation. Tailor made leather shoes is the trend that is expected to fuel the growth in male segment.

The female segment is anticipated to register a CAGR of 2.8% over the forecast period. The growth is due to the drop in purchase of heeled shoes. Increasing number of working women is driving the growth of female leather footwear industry. Women’s spending on leather footwear like high ankle length shoes, reptile and animal skin, suede ballerinas, pumps, boots, casual town shoes, sandals, and flip-flops is driving the growth.

In terms of distribution channel, the market is segmented into online and offline. Offline channel accounts for the largest market share of more than 72.0% in 2018. Developed countries have high number of fashion stores where the range of products is well placed in iPads or interactive shelves as a part of the customer engagement strategy.Eobuwie.pl owned by CCC, Central Europe’s largest footwear retailer and the largest footwear manufacturer, created its own brand concept store, which allows user to browse through almost 450 brands via tablets at their fingertips. Online is anticipated to register the fastest CAGR of 3.2% over the forecast period. Online shopping for footwear is less tedious and attractive to consumers compared to the clothes shopping, as a result of shoe size uniformity.

Europe is estimated to be the largest regional segment accounting for approx. 31.0% of the market share in 2018. U.K. alone accounted for approximately 13.0% of the market share in the same year. In U.K., leather footwear accounts for 49.0% of the total footwear market. Formal leather footwear perform well in the region due to growing middle class, more women at work, increasing shopping centers, and adoption of online purchase.

Asia Pacific is projected to register the fastest CAGR of 5.1% from 2019 to 2025. Factors such as growing economies, rising number of low-middle class, rapid expansion of international footwear chains, and growing working class population is expected to fuel the regional demand.

Key players in this market are Prada Holding B.V.; LVMH; Allen Edmonds; Kering S.A.; Bruno Magli; Cole Haan; Genesco Inc.; Hermès International S.A.; Salvatore Ferragamo S.p.A.; and Crockett & Jones.

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Leather Footwear Market Report Highlights

• Male end user segment accounted for the highest share of approximately 55.0% in 2018
• Offline based distribution channel accounts for the largest share of more than 72.0% in 2018, omni-channel retailing and in-store marketing solutions to enhance the shopping experience and to bridge the gap between offline and digital channels
• Some of the key players operating in the global leather footwear market include are Prada Holding B.V., LVMH, Allen Edmonds, Kering S.A., Bruno Magli, and Cole Haan

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Leather Footwear Market Segmentation

Grand View Research has segmented the global leather footwear market on the basis of end user, distribution channel, and region:

Leather Footwear End User Outlook (Revenue, USD Million, 2015 - 2025)

• Male
• Female
• Kids

Leather Footwear Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Online
• Offline

Leather Footwear Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• Japan
• Central & South America
• Brazil
• Middle East & Africa
• Nigeria

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Golf Equipment Market Size Is Projected To Reach $7.60 Billion By 2025

The global golf equipment market size is expected to reach USD 7.60 billion by 2025, expanding at a CAGR of 2.2% in the forecast period, according to a new report by Grand View Research, Inc. The market is driven by the adoption of sports for recreational activities by the young population. Increasing income of middle-class economic group and westernization in the developing countries is propelling the product demand.

Golf club accounted for the largest market share of more than 45.0% in 2018 and is expected to continue witnessing a significant growth over the forecast period. Availability of customized and assorted golf clubs and their rising popularity is driving the growth. Golf gears is projected to witness the fastest CAGR of more than 3.5% during the forecast period. Increasing number of professional players and availability of online discounts are among the prominent factor driving the segment growth.

Sports goods retailers is emerged as the leading distribution channel with a market share of more than 55.0% in 2018. Availability of a large variety of products and rising number of golf courses are among the prominent growth drivers. Online retail is expected to register the fastest CAGR of more than 4.0% CAGR over the forecast period. Various schemes such as online discounts, one day delivery, and busy schedules of the working population are anticipated to fuel the segment growth.

North America led the golf equipment market with a share of more than 54.0% in 2018. The changing lifestyle along with increase in disposable income of the middle-class population is among the prominent factors for the regional growth. Asia Pacific is anticipated to register the fastest CAGR of more than 2.5% over the forecast period. The growing adoption of the sport, particularly in china, is anticipated to bode well for the growth.

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Golf Equipment Market Report Highlights

• In terms of revenue,golf gear product type is projected to ascend at a CAGR of 3.2% over the forecast years
• Golf clubs is among the most preferred product and accounted for more than 37.0% share of the golf equipment market in 2018
• Asia Pacific is anticipated to register the fastest CAGR of more than 2.5% over the forecast period due to growing disposable income coupled with the rising popularity of the sport, especially in China

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Golf Equipment Market Segmentation

Grand View Research has segmented the global golf equipment market on the basis of product, distribution channel, and region:

Golf Equipment Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Golf Club
• Golf Balls
• Golf Gear
• Golf Footwear & Apparel

Golf Equipment Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Sports Goods Retailers
• Online Retail
• Department & Discount Stores

Golf Equipment Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
•  U.S.
• Europe
• U.K.
•  Germany
• Asia Pacific
• Japan
•  Australia
• Central & South America
•  Brazil
• Middle east & Africa
• South Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Recent Developments and Trends in the Pressure Washer Industry

The global pressure washer market size is expected to reach USD 2.3 billion by 2025, expanding at a CAGR of 3.4% in the forecast period, according to a new report by Grand View Research, Inc. Rapid rise in the number of car washing stations due to increase in the number of vehicles and growing product awareness is driving the market for the product in the forecast period. Furthermore, increasing number of houses with lawn areas and trendy exteriors in countries such as U.S and U.K are propelling the market growth.

On the basis of segmentation on the product type, electricity based product led the market and accounted for 38.8% share of the total revenue in 2018. The fact that the electric pressure washer comes with salient features such as light weight, powerful, and durable, thus the residential users prefer to have the electric based segment. The one-time payment with no extra expenditure with time and low maintenance are anticipated to drive the segment in the near future.

However, in the industrial segment, gas based pressure washer is mostly preferred and is expected to register a CAGR of 2.7% in the forecast period. They are more powerful but they require regular maintenance and refuelling, thus are not much popular among the residential users.

The most common application of pressure washer lies in garden washing. Growing trend of lawn areas in developed as well as emerging economies is anticipated to drive the segment. The home exterior segment is expected to expand at the fastest CAGR of 3.9% in the forecast period. The segment is expected to witness significant growth in the near future owing to the trend of designer exteriors and the fact that increasing pollution level is hampering the exterior.

North America is the largest region for the product and it accounted for 35.0% share of the overall revenue in 2018. U.S. is one of the leading markets for the product and is expected to expand at a CAGR of 3.9% in the forecast period. Growing usage of the product due to increasing popularity about its benefits and implementation of the product type in cleaning of public gardens by the government have driven the market in the region.

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Pressure Washer Market Report Highlights

• By product type, the electricity based segment dominated the market with a share of 38.8% in 2018
• Countries such as India and China are projected to witness rapid growth due to increasing popularity of the product in the commercial sector, along with an increase in the number of high-end hotels
• The home exterior application segment is anticipated to register the fastest CAGR of 3.9%.

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Pressure Washer Market Segmentation

Grand View Research has segmented the global pressure washer market on the basis of product type, application, and region:

Pressure Washer Product Type Outlook (Revenue, USD Million, 2015 - 2025)

• Electric Based
• Gas Based
• Fuel Based

Pressure Washer Application Outlook (Revenue, USD Million, 2015 - 2025)

• Car
• Garden
• Home Exterior
• Industrial
• Others

Pressure Washer Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
•  U.S.
• Europe
• Germany
•  U.K.
• Asia Pacific
• China
•  India
• MEA
•  Turkey
• CSA
• Brazil

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Dishwasher Market Size Is Estimated To Reach $10.23 Billion By 2025

The global dishwasher market size is expected to reach USD 10.23 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.2% during the forecast period. Rising number of working population along with the hectic schedules is projected to drive the product demand. Furthermore, the growing awareness about hygiene and cleanliness is expected to accelerate the growth.

The built-in segment is anticipated to register the fastest CAGR of 7.8% from 2019 to 2025. The advanced features of built-in products, including specialized targeted sprays, wash cycles, and multiple spray arms, are attracting the consumers. In addition, growing demand for modular kitchens is anticipated to further fuel the demand for built-in kitchen appliances that save space, time, and resources.

The commercial application held the leading dishwasher market share of more than 60% of the global revenue in 2018. Growing importance of the product in the commercial foodservice sectors, such as hotels, restaurants, cafés, and pubs, has been expanding product demand in the segment.

Asia Pacific is expected to expand at the fastest CAGR of more than 10% from 2019 to 2025. Rising spending on modular kitchen along with increasing concerns over sanitation is driving the regional growth. The key regional markets include China, Japan, South Korea, Taiwan, and India. Growing penetration of global producers in Asia Pacific has been enhancing the product offering in the region. In addition, introduction of localized and country-specific products has been boosting the regional product demand.

Full Research Report On Dishwasher Market Visit Here: https://www.grandviewresearch.com/industry-analysis/dishwasher-market

Dishwasher Market Report Highlights

• Freestanding products held the largest market of more than 50% in 2018
• Residential application is expected expand at a rapid CAGR of 8% from 2019 to 2025
• Based on distribution channel, offline segment held the largest in 2018 terms of revenue
• Online distribution channel is expected register the fastest CAGR during the forecast period
• The key competitors in the dishwasher market include Haier Group Corporation; Electrolux AB; LG Electronics Inc.; Whirlpool Corporation; Robert Bosch GmbH; Aga Rangemaster Group; Samsung Group; Asko Appliances AB; Miele; and Fagor Electrodomésticos

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Dishwasher Market Segmentation

Grand View Research has segmented the dishwasher market on the basis of product, applicator, distribution channel, and region:

Dishwasher Product Outlook (Revenue, USD Million, 2015 - 2025)

• Freestanding  
• Built-in 

Dishwasher Application Outlook (Revenue, USD Million, 2015 - 2025)

• Residential
• Commercial

Dishwasher Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Dishwasher Region Outlook (Revenue, USD Million; 2015 - 2025)

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com