Kids Furniture Market Size Is Expected To Reach $39.96 Billion By 2025

The global kids furniture market size is expected to reach USD 39.96 billion by 2025, exhibiting a 4.48% CAGR during the forecast period, according to a new report published by Grand View Research, Inc. The growth can be attributed to the popular trend of setting up houses with separate kids' rooms. The rising demand for bright colored furniture for kids sharing the room is expected to bode well for the demand. Additionally, separate playrooms and study rooms are anticipated to further fuel the demand.

The rising popularity of online distribution channels has compelled furniture manufacturers to venture into this market. Escalating real estate prices in the developed, as well as developing countries, is expected to impact the sizes of homes. This factor is anticipated to create the demand for foldable, smaller, and easy-to-move articles. As a result, manufacturers focus on developing products that can be assembled and disassembled. Many manufacturers are entering into the market with assemblable sofas, chairs, and beds among other furniture articles. Campaign and IKEA are some of the market leaders for such products. Other than logistics, storing old and unused furniture is easier with this type of furniture. All these factors are projected to drive the demand for foldable or assemblable furniture for kids.

Major manufacturers have realized the potential of the children's furniture market and thus, are paying special attention to introducing products targeting this specific consumer base. In September 2019, Swoon launched nine-piece furniture, the Little Creatives range of products. These products have been designed in collaboration with Studio Tilt. These products are available in attractive colors and shapes suitable for kids’ tastes and décor needs. Such innovative product launches are expected to create growth opportunities for the market in near future.

The lucrativeness of the market has been attracting celebrities to enter the industry. In August 2019, Drew Barrymore launched Flower Home, a collection of bohemian kids furniture and décor available through online distribution channels. These products have playful prints and are available in pastel, bold, and bright colors for both bedroom and play spaces. In August 2019, Ashley HomeStore partnered with Delta Children and launched kids' furniture exclusively on the former’s website. The collection includes ribs, gliders, changing tables, and storage pieces, and an assortment of products suitable for the requirements of toddlers, tweens, and teens. The company has upgraded its online platforms by using Augmented Reality (AR), which helps the buyers view different products in the setting of their house before the purchase.

Full Research Report On Kids Furniture Market Visit Here: https://www.grandviewresearch.com/industry-analysis/kids-furniture-market

Kids Furniture Market Report Highlights

• The beds, cots, and cribs segment accounted for more than 40% of market share in 2018, attributed to the rising demand for the products by consumers for infants
• The cabinets, dressers, and chests segment is expected to witness the fastest CAGR of 5.4% from 2019 to 2025. The rising popularity of these products to store books and stationery is expected to drive the growth
• Wood-based kids’ furniture accounted for more than 59% of market share in 2018, attributed to the first-mover advantage of the products
• The polymer-based segment is expected to witness the fastest CAGR of 5.1% during the forecast period, owing to the lightweight nature of the material
• Major kids furniture market participants include Williams-Sonoma Inc.; Hooker Furniture; Bassett Furniture Industries; and Lulu & Georgia.

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Kids Furniture Market Segmentation

Grand View Research has segmented the global kids furniture market on the basis of product, raw material, application, and region:

Kids Furniture Product Outlook (Revenue, USD Million, 2015 - 2025)

• Beds, cots & cribs
• Table & Chair
• Cabinet, Dressers & Chests
• Others

Kids Furniture Raw Material Outlook (Revenue, USD Million, 2015 - 2025)

• Wood
• Polymer
• Metal

Kids Furniture Application Outlook (Revenue, USD Million, 2015 - 2025)

• Commercial
• Household

Kids Furniture Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• U.S.
• Europe
• Germany
• France
• U.K.
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East & Africa (MEA)

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

 

Mobile Accessories Market Size Is Projected To Reach $110.6 Billion By 2025

The global mobile accessories market size is expected to reach USD 110.6 billion by 2025, expanding at a CAGR of 7.1% in the forecast period, according to a new report by Grand View Research, Inc. Growing smartphone usage among the millennials and frequent technological modification are among the prominent factors propelling the market growth.

On the basis of product type, protective cases dominated the market with a share of 31.3% in 2018. The fact that the young consumer group is conscious of safety and security of their mobile phones is among the leading factors for the segment growth. Increasing popularity of the protective screen glasses and trendy covers in anticipated to drive the segment in the near future. Apart from protective cases, headphone is expected to expand at the fastest CAGR of 7.6% in the forecast period. Increasing innovation in the product such as introduction of wireless headsets, coupled with fitness conscious consumer group, is driving the segment.

Based on distribution channel, the offline segment dominated the mobile accessories market and accounted for 69.9% share of the total revenue in 2018. Increasing demand for high-end products such as smartwatch and camera lens, coupled with failure in online deliveries of fragile items, is among the prominent factors driving the segment. The online segment is expected to expand at the fastest CAGR of 7.9% in the forecast period. Integration of artificial intelligence in the online retail sites has led to increase in frequent notifications of mobile accessories. Apart from this, discounts on the product is fuelling the market growth in the recent times.

Asia Pacific is the largest region for the product and it accounted for 45.0% share of the overall revenue in 2018. China is one of the leading markets for smartphones and accessories and it accounted for 55.0% share of the Asia Pacific market. The fact that China is capable of changing technologies of the smartphones, they are coming up with accessories that are adaptable with the changing technologies. These factors are driving the market in the region.

Full Research Report On Mobile Accessories Market Visit Here: https://www.grandviewresearch.com/industry-analysis/mobile-accessories-market

Mobile Accessories Market Report Highlights

• By product type, the protective case segment held the largest share of 31.3% in 2018
• Countries such as UAE and Saudi Arabia are projected to witness significant growth due to increasing demand for smartphones
• By distribution channel, the online segment is anticipated to expand at a CAGR of 7.9% in the forecast period.

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Mobile Accessories Market Segmentation

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

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

• Earphones/Headphones
• Charger
• Power Bank
• Protective Cases
• Others

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

• Online
• Offline

Mobile Accessories Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

 

Laundry Detergent Pods Market Size Is Estimated To Reach $12.37 Billion By 2025

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

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

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

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

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Laundry Detergent Pods Market Report Highlights

• Non-biological products generated a revenue of more than USD 5 billion in 2018
• Commercial segment is expected to foresee a CAGR of 5.1% from 2019 to 2025
• North America accounted for a share of more than 35% of the laundry detergent pods market in 2018

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Laundry Detergent Pods Market Segmentation

Grand View Research has segmented the global laundry detergent pods market on the basis of product, application, and region:

Laundry Detergent Pods Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Non-Biological
• Biological

Laundry Detergent Pods Application Outlook (Revenue, USD Billion, 2015 - 2025)

• Commercial
• Household

Laundry Detergent Pods Regional Outlook (Revenue, USD Billion, 2015 -2025)

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

 

Plastic Furniture Market Size Is Expected To Reach $15.5 Billion By 2025

The global plastic furniture market size is expected to reach USD 15.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% over the forecast period The market growth is attributed to factors like affordability, durability, lightweight, low or no maintenance, eco-friendly, resistant to corrosion, no effect of termites and bugs, good weatherability, and flexibility.

Growing real estate and hospitality sector through various residential and commercial projects and demand for versatile, lightweight, flexible, and multi-functional furnishings offering easy portability and application in small as well as large space are expected to drive the global market.

Many manufacturers are inclined towards developing eco-friendly furniture due to increasing awareness among consumers regarding eco-friendly products. Globally expanding trend to go green will substantially increase demand for ecological plastic furniture over the forecast period. Growing environmental concerns across the world over deforestation is expected to surge the market demand.

Recycled plastic furniture made from plastic waste such as bottles and ocean plastic finds a wide application in outdoor furniture. For Instance, ScanCom International A/S, a company based in Denmark, launched DuraOcean and DuraLand, a line of furniture made completely from ocean and land waste to manufacture 100% recycled product.

The residential segment accounted for the largest share in 2018 and is also estimated to be the fastest growing segment over the forecast period. The growth is attributed to factors such as increasing demand from low-medium income population, growing preference for playroom, rapid urbanization, soft and safe children furniture, and surging demand for outdoor furniture.

The commercial segment is estimated to witness significant growth over the forecast period owing to growing economy resulting in growing office space, tourism, mid-scale restaurant, and hotel industry. Demand for plastic furnishings such as chairs and tables in large scale events on contract basis is expected to drive the market. However, in commercial real estate, demand for metal and wood furnishings is high as it offers elegance and aesthetic to the infrastructure over plastic.

Online distribution channel is estimated to be the fastest growing segment in the market owing to availability of a wide range of products, discounts on product, convenience of purchasing, easy comparison, and access to different sizes and colors. For instance, the world’s largest furniture retailer, IKEA witnessed a 31% growth in online sales.

However, manufactures nowadays are changing the consumer’s ways of shopping furniture. Augmented reality and Virtual Reality are the upcoming trends in the offline segment, where consumers can check if the product fits consumer’s requirement. For instance, Macy’s has launched VR furniture shopping experience in about 70 stores nationwide, allowing shoppers to design space with 3D image, thus changing the purchasing experience of the consumers.

In Asia Pacific, India is the fastest and largest growing market owing to affordability, presence of leading manufactures such as Nilkamal and Featherlite, and increasing demand from the residential and commercial sectors. Middle East and Africa is expected to witness significant growth owing to increasing government focus on real estate through various commercial and residential projects to boost the economic growth, especially in Saudi Arabia. This is expected to increase the market demand in the commercial as well as residential sectors.

Full Research Report On Plastic Furniture Market Visit Here: https://www.grandviewresearch.com/industry-analysis/plastic-furniture-market

Plastic Furniture Market Report Highlights

• The residential application segment is estimated to be the largest and fastest growing segment in the forecast period owing to rapid urbanization and increasing low-medium income population
• The offline segment accounted for the largest market share in 2018 as manufacturers are changing the consumer’s way of shopping by adding AR and VR technology, allowing shoppers to design space with 3D furniture image
• Some of the key players operating in the global plastic furniture market are Tramontina, Cosmoplast Industrial Company L.L.C., Supreme Group, Cello Wim Plast Ltd., and Nilkamal Furniture.

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Plastic Furniture Market Segmentation

Grand View Research has segmented the global plastic furniture market on the basis of distribution channel, application, and region:

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

• Online
• Offline

Plastic Furniture Application Outlook (Revenue, USD Million, 2015 - 2025)

• Residential
• Commercial

Plastic Furniture Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

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

 

Tofu Market Size Is Expected To Reach $3.28 Billion By 2025

The global tofu market size is expected to reach USD 3.28 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.2% during the forecast period. Rising adoption of vegan diet owing to awareness regarding the advantages of plant-based foods among consumers from developed economies including U.S. and Germany is expected to remain a key growth driver. Furthermore, increasing number of people suffering from lactose intolerance and glutamic disorders is projected to play a key role in increasing the importance of dairy alternatives including tofu.

Tofu products are consumed as functional foods as they contain isoflavones which help lower the risk of breast cancer and cardiovascular diseases. Furthermore, the product is a rich source of iron, calcium, phosphorous, zinc, sodium, potassium, and magnesium among others. Therefore, tofu is expected to gain market penetration among health conscious consumers including gym and sports enthusiasts.

Supermarkets and hypermarkets distribution channel held a market share of 56.5% in 2018. These channels allow consumers to choose the products type and quantity as per their requirements. Due to less operating and selling overheads, the buyers benefit on account of less prices. Majority of supermarkets also provide quality assurance in terms of the choice of physical verification of the product before making the purchase decision. The convenience of buying due to the availability of a large number of products at a single selling platform attracts buyers to opt for these channels.

Online distribution channel is expected to be the fastest growing category on account of rising consumer preference due to the ease of product comparison and doorstep delivery service. Some of the key online retailers of operating in the tofu market include Amazon, AliExpress, and Grofers among others.

In 2018, Asia Pacific held the leading market share of 56.3%. Growing awareness regarding healthy products among consumers from developing countries such as China and India is expected to boost the market growth. Japan is one of the largest tofu consumers in the region. Over the past few years, some of the manufacturers from North America and Europe have started their strategic business units in Japan to tap increased buyers base.

Key market participants include Invigorate Foods; Hugli Holding Company; Hain Celestial; Pulmuone Co., Ltd; House Foods Group Inc.; San Jose Tofu; Tofurky; The Nisshin Oillio Group, Ltd.; and Eden Foods. Companies are adopting mergers and acquisitions strategy to expand their market share. For instance, in January 2018, Keystone Natural Holdings LLC acquired Canada based Superior Tofu Ltd.

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

Tofu Market Report Highlights

• Online segment of the tofu market is expected to expand at a CAGR of 7.8% from 2019 to 2025
• Specialty stores generated a revenue of USD 187.6 million in 2018
• North America is expected to witness the fastest CAGR of 6.1% from 2019 to 2025

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Tofu Market Segmentation

Grand View Research has segmented the global tofu market on the basis of distribution channel and region:

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

• Supermarkets & Hypermarkets
• Grocery stores
• Online
• Specialty stores

Tofu Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

 

Barbeque Grill Market Size Is Estimated To Reach $6.50 Billion By 2025

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

Electric barbeque grill segment is expected to witness a CAGR of 5.6% from 2019 to 2025. Rising awareness regarding conservation of conventional energy is driving the product demand. Product features such as automatic temperature adjustment and less smoke promote hassle-free cooking and are anticipated to drive the product demand during the next eight years.

Commercial application is expected to remain the leading segment over the forecast period. It accounted for more than 50% of the global market share in terms of revenue in 2018. A large number of restaurants, clubs, and outdoor camping service providers provide barbeque products. Increasing popularity of dining-out among middle-income groups from developing economies including China, India, Brazil, and Mexico is expected to promote the demand for barbeque grills in hotels and restaurants in near future.

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

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

Full Research Report On Barbeque Grill Market Visit Here: https://www.grandviewresearch.com/industry-analysis/barbeque-grill-market

Barbeque Grill Market Report Highlights

• Gas products generated a revenue of USD 2.67 billion in 2018
• Household application is expected to expand at a CAGR of 4.8% from 2019 to 2025
• Asia Pacific is expected to be the fastest growing region in the barbeque grill market with a CAGR of 5.6% from 2019 to 2025

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Barbeque Grill Market Segmentation

Grand View Research has segmented the global barbeque grill market on the basis of product, application, and region:

Barbeque Grill Product Outlook (Revenue, USD Million, 2015 - 2025)

• Gas
• Charcoal
• Electric

Barbeque Grill Application Outlook (Revenue, USD Million, 2015 - 2025)

• Household
• Commercial

Barbeque Grill Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

 

Rising High Demand For Home Automation And Advanced Security Technologies Is Expected To Drive The Electronic Home Locks Market Growth

The global electronic home locks market size is anticipated to reach USD 952.4 million by 2025 registering a CAGR of 16.1%, according to a new report by Grand View Research, Inc. High demand for home automation and advanced security technologies, such as electronics home locks, is expected to be the key factors driving the market. Rising construction activities in developed countries including U.S., Germany, U.K., and France are also expected to assist in growth of this market.

Moreover, integration of innovative technologies, such as Near-Field Communication (NFC), Bluetooth, and voice and face recognition, is expected to boost the product demand. Key companies in the market are focusing on the development of advanced products to gain a competitive edge. For instance, ASSA ABLOY AB introduced a range of electronic locking solutions that features technologies, such as NFC.North America was the dominant regional market in 2018 and is estimated to retain its leading position throughout the forecast period.

The growth is attributed to the rapid expansion of the construction industry, especially in residential sector, in the region. However, Asia Pacific is projected to witness the fastest growth over the forecast period due to high demand for advanced security solutions. The product demand is driven by the increasing residential construction activities, trend of home automation, and disposable income levels in the region. In addition, rising number of branded retail outlets, especially in India and China, is anticipated to contribute to the market in growth.

Full Research Report On Electronic Home Locks Market Visit Here: https://www.grandviewresearch.com/industry-analysis/electronic-home-locks-market

Further key findings from the study suggest:

• Electronics lever locks product segment held the largest market share in 2018 and is estimated to witness the fastest growth over the forecast period due to rising trend of home automation for better security
• Moreover, lever locks are easy to install and are equipped with advanced features, such as data storage and adding and deleting users remotely
• Offline distribution channel was the leading segment in 2018. However, the online segment is anticipated to expand at the fastest CAGR of 18.0% from 2019 to 2025
• Increasing usage of smartphones and exposure to digital media, especially in developing countries like India and China, are expected to augment the products sales through online channels
• Prominent companies in the electronic home locks market are ASSA ABLOY AB; Allegion plc.; Samsung Group; Spectrum Brands, Inc.; Honeywell International Inc.; Nuki Home Solutions; August Home, Inc.; The Godrej Group; Avent Security; and Security Door Controls (SDC)

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

Electronic Home Locks Product Type Outlook (Revenue, USD Million, 2015 - 2025)

• Strikes
• Deadbolts and Latches
• Lever Locks

Electronic Home Locks Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Electronic Home Locks Regional 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
• UAE

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