Tuesday, March 28, 2017

Diversified Population Creating Demand for Spices Globally: Ken Research

Ken Research has recently announced its latest publication, “Global Spices And Seasonings Market Status, 2011-2022 Market Historical And Forecasts” which aims at provides in-depth market analysis, information and insights into the Spice and Seasoning industry. It describes Spice and Seasoning industry's growth prospects by segment and category and outlines a comprehensive overview of the global and local demographics. It further provides the detailed competitive setting, distribution channels and regulatory policies in the Spice and Seasoning industry.
Spice and Seasoning industry
Spice and Seasoning industry comprises of the substances so as to add taste to the food or other various different properties. It basically comprises of various salts, herbs, seeds, pepper, salt substitutes and etcetera. This sector also comprises of various herbs ad seasoning which helps in humanizing health such as to reduce stress, acidity, boosting immune and also anti cancerous properties
Global Spices And Seasonings Market
One of the major drivers influencing the growth of the market is the increasing demand from the ethnic groups such as the Asians, Hispanic, Latin Americans, and people from other parts of the world like Mediterranean and Caribbean, who have migrated into the US. Their cravings for food flavor of their homeland have led to the high demand for flavors and seasonings, thus driving the market for spices and seasonings in the US. Thus in the spice and seasoning industry spices not only comprises of adding taste to the food but also there are various seasoning which are good for the vigour of the population for the various medicinal and health benefits. Therefore due to increased awareness about health and due to ease of accessibility of the information regarding the medicinal and health benefits of the herbs and seasoning, industry is likely to show a growth in coming years. The main contributors to the growth in spice and seasoning industry is due to the flavour hankering in cross nation  and also by the responsiveness among health conscious population.
Key Players
The key players in the spice and seasoning industry are Mccormick & Company, Olam International, Ajinomoto Co., Inc., Associated British Foods PLC, Kerry Group PLC, Ariake Japan Co., Ltd., Sensient Technologies, Dohler Group, SHS Group, Worlee Gruppe.
Conclusion
Therefore the growth in spice and seasoning industries is due to the taste craving in different nations due to immigration and the second of all is the increasing awareness among the population regarding their health and insights about the properties of the herbs.
Key topics covered in report
Spice and seasoning industry
Growth correlates
Reasons for growth
Trends in lifestyle
Savour hankering
Health and medicinal benefits
Future trends in further years
Global Spices Industry Research
North America Spices Industry
Europe Spices Market Research Report
Asia Spices Industry Research
Global Spices Market Revenue
Spices Production Worldwide
Spices Consumption Worldwide
Global Spices Market Competition
Companies Covered
Mccormick & Company, Olam International, Ajinomoto Co., Inc., Associated British Foods PLC, Kerry Group PLC, Ariake Japan Co., Ltd., Sensient Technologies, Dohler Group, SHS Group, Worlee Gruppe
For more coverage click on the link below:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Changing Government Regulation and Diversification of Economy from Oil Based Industries is Expected to Boost Demand for Middle Electronic Security Market: Ken Research

  • Middle East electronic security market is expected to generate positive growth in revenue.
  • Share of fire alarm system and access control devices is expected to increase in future as smart technologies gain importance.
  • Improving technology and customer willingness to pay premium for quality products will help in augmenting market revenue.
  • Government keen interest to sustain the economic growth by diversifying industry base will lead to investment in electronic security market. This will create growth opportunities for all type of electronic devices in Middle East.
Ken Research announced its latest publication on “Middle East Electronic Security Market Outlook to 2021 – Video Surveillance Systems and Integrated Security Solutions to Drive Market Growth” provides a comprehensive analysis of electronic security market in Middle East. The report focuses on overall market size for sale electronic security equipment in Middle East region (Turkey, UAE, Saudi Arabia, Qatar and others), segmentation on the basis of type of product (CCTV, intrusion alarm, access control, fire alarm and others), sub-segmentation on the basis of technology, by sector of application. The report also covers major players, role of consultants and system integrators, decision making matrix, trends and developments. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.
Middle East electronic security market is estimated to register a positive CAGR during 2016-2021. Future mega events, such as the 2020 World Expo and the 2022 Football World Cup, crowd control and traffic management is expected to be key drivers for spiked demand for electronic security equipments in the region. Regulation regarding installation of electronic security in other countries such as Oman, Morocco, Turkey, Kuwait and others is expected to create additional demand in future.
It is expected that project related surveillance investment in the region will lead the market. Traffic monitoring will be the key driver for demand of CCTV cameras in the future. With rising population, traffic management is expected to create problem for new and emerging cities creating demand for CCTV based management as smart technologies have emerged which work with minimum human interference. Bosch and Axis communication will continue their dominance but have to face fierce competition and an expected price war with Chinese counterparts.





Global companies such as Unilever, Ashok Leyland, and others have plans to start manufacturing in the region. Investment from government law enforcement agencies and private companies are allocating more budgets to control terrorist attacks. New technologies such as 4K technology bring industry leading clarity and sensitivity to critical video monitoring and surveillance systems. Explosion-proof cameras are an important solution in areas which are on high risk.
Based on analyst recommendation easing restrictions on foreign lenders, private sector involvement in the financing and construction of education infrastructure, security for small and medium businesses are some other key factors that may have positive impact on the market creating additional and replacement demand in the future.
Key Topics Covered in the Report.
  • Middle East electronic security market size, 2011-2016
  • Middle East electronic security market segmentation by major countries, major products
  • Value chain analysis
  • Role of consultants and system integrators
  • Decision making matrix
  • UAE, Saudi Arabia, Turkey and Qatar electronic security market size by revenue, 2011-2016
  • UAE, Saudi Arabia, Turkey and Qatar Electronic Security Market segmentation by type of product and sub-segmentation by technology and by application
  • Major players in UAE, Saudi Arabia, Turkey and Qatar Electronic Security Market
  • Rules and regulations in UAE, Saudi Arabia, Turkey and Qatar Electronic Security Market
  • Major Trends and developments
  • Competitive landscape of major players in Middle East
  • Middle East electronic security market future outlook
  • Analyst Recommendation
Key Products
  • CCTV (Analog, Digital)
  • Fire Alarm
  • Access Control Devices (Biometric Based , Card Based, Pin Based)
  • Intrusion Alarms (Motion Alarms, Seismic Alarms, Infrared Beam Alarms)
Major Companies
  • Bosch
  • Honeywell
  • Hikvision
  • Axis Communications
  • Pelco
  • Siemens
  • Dahua
  • Avigilon
  • Simplex
  • Tyco
For more information on the publication, refer to below link:
https://www.kenresearch.com/defense-and-security/security-devices/middle-east-electronic-security-market/92199-16.html
Related Reports
India Electronic Security Industry Potential to 2020 - Growing System Integrators Market with Real Estate Development in Upcoming Smart Cities
China Electronic Security Market Outlook to 2019 - Public Infrastructure Spending and Innovations to Drive the Future
Malaysia Electronic Security Equipment Industry Outlook to 2018 - Increasing Demand for CCTV Cameras to Spur Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Monday, March 27, 2017

Digitization Influencing Broadband Sector in Asia Pacific: Ken Research

Ken Research has recently announced its latest publication, “National Broadband Plans In Asia-Pacific: Focus On Bridging The Digital Divide To Spur Economic Growth ” which aims at provides in-depth market analysis, information and insights into the Telecom industry. It describes Telecom industry's growth prospects by segment and category and outlines a comprehensive overview of the global and local demographics. It further provides the detailed competitive setting, distribution channels and regulatory policies in the Broadband Policy.



Asia Pacific Economic Scenario.
Development in the Asia-Pacific region has been very unhinged, and there is great variation in connectivity across the region. In these countries, more government and policy support was required to accelerate infrastructure growth and increase external connectivity. Governments are taking lead on infrastructure development, to build alliances incorporating diverse government departments and private industry, and to extend broadband-friendly industrial policy. Governments are also looking to improve infrastructure synergy and find ways to abridge the process of obtaining rights of way. They are in need of new buildings and overhaul projects to include fiber connections, produce explicit standards for compensation for eminent domain, and start universal service funds.
Industrial Overview
The market in the broadband industry is on the verge of a sharp growth and also broadening its horizons. Various factors such as setting the minimum seed of the internet and making everything wire are few steps from the side of the govt. Governments and operators are actively investing in the broadband infrastructure to attain goals laid under the national broadband plans. Government are extending support in the form of funds as well as introducing regulatory measures and offering spectrum. While operators are supporting by making investments in their networks.
Key Players
The key players in the spice and seasoning industry are China Telecom, Telekom Malaysia, PT Palapa Ring Barat, the Pandawa Lima, OpenNet consortium, StarHub, Telstra, Optus, BSNL, PGCIL, Railtel, China Unicom, Northpower Limited, Waikato Networks Limited, WEL Networks, Waipa Networks, Enable Services Limited, Christchurch City Holdings, Chorus Limited, Chunghwa Telecom, Far EasTone, CAT, TOT.
Conclusion
Therefore the telecom industry is set to grow in the Asia Pacific region but there are certain measures that need to taken care of such as digitization of the procedures, making most of the things online and setting up of optic fibre is the main solution and need of the hour as well.
Key topics covered in report
  • National broadband plans
  • Requirements
  • Thought out plans
  • Govt policies
  • Economic change
  • Global Broadband Sector Analysis
  • Asia Pacific broadband subscribers
  • India internet users Report
  • China internet adoption rate
  • Asia Pacific National Broadband plans
  • Broadband sector Future Outlook
  • Information and Communication Technologies sector
  • Asia Pacific Optic Fiber Market
  • Global Broadband Sector Research
  • Global Broadband Sector growth
  • Global Broadband Sector market Report
  • Global Broadband Sector
Companies Covered
China Telecom, Telekom Malaysia, PT Palapa Ring Barat, the Pandawa Lima, OpenNet consortium, StarHub, Telstra, Optus, BSNL, PGCIL, Railtel, China Unicom, Northpower Limited, Waikato Networks Limited, WEL Networks, Waipa Networks, Enable Services Limited, Christchurch City Holdings, Chorus Limited, Chunghwa Telecom, Far EasTone, CAT, TOT
For more coverage click on the link below:
https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/national-broadband-plans-asia-pacific/73650-105.html
Contact:
Ankur Gupta,
query@kenresearch.com
+91-124- 4230204
www.kenresearch.com

Rapid Industrialization Influencing Demand for Global Non Alcoholic Beverages Market: Ken Research

Ken Research has announced recent report titled; “Global Non-Alcoholic Drinks Industry In-Depth Investigation and Analysis Report 2017” which provides major statistics that point towards the state of industry and give a valuable source of guidance and direction for companies and individuals who are interested in the market.
Global Soft Drinks Market
It investigates non-alcoholic drinks in the global market, majorly in North America, Europe, China, Japan, Southeast Asia and India, focusing on production, revenue, consumption, import and export in these regions, from 2011 to 2016, and forecast to 2020.
For a detailed study, analysts have segmented the global non-alcoholic drinks market on the basis of product and region.
It enables the users to be well equipped with all the facts and information about the industry in details and helps them in further taking decisions wisely providing proper recommendations and conclusions for the same.
Economic Outlook
Non-alcoholic beverages include a minimal percentage of alcohol – usually less than 0.5% by volume and by product they can be segregated as follows:
Soft Drinks
Bottled Water
Tea and Coffee
Juice
Dairy Drinks
Others
The soft drink category has managed to dominate the industry and includes carbonates, juice, bottled water, ready-to-drink tea and coffee, and sports and energy drinks and it comprised the leading product segment in 2013.
The non-alcoholic beverage market is a highly competitive industry with the presence of two major players including, The Coca-Cola Company (KO) and PepsiCo, Inc. (PEP). Collectively, that holds about 70% of the US CSD market along with Dr Pepper Snapple Group, Inc. (DPS), Monster Beverage Corporation (MNST), and Cott Corporation (COT) are some other key players in the CSD market.
The healthy eating trends have inspired many people to shift their preferences from alcoholic drinks to non-alcoholic beverages thus, the tea and coffee segment is projected to record a 7% CAGR from 2014 to 2020 and thereby be the fastest growing segment in the industry.
Obesity is an evolving concern in North America due to excess consumption of artificially sweetened beverages and thus several manufacturers of non-alcoholic and low-sugar drinks are planning to innovate for catering to the changing needs of customers and Asia Pacific is forecasted to be the most lucrative market by 2020.
Rapid industrialization and the changing trends in the global beverages market have augmented the global market for non-alcoholic drinks and further the leading players are focusing to introduce new non-alcoholic drinks for matching the changing tastes of consumers.
The demand for this industry will increase without any doubt since the industry tends to be focused in economic developed regions and the consumer markets of emerging economies such as China, India, Brazil, etc are on the rise.
Key Topics Considered in the Report
Global Non Alcoholic Beverages Market Research
Global Soft Drinks Market
Global Nectar Market Revenue
Juices Consumption Worldwide
Packaged Juices Market Revenue
North America Non Alcoholic Beverages Market
Europe Non Alcoholic Beverages Market
Asia Non Alcoholic Beverages Market
China Non Alcoholic Beverages Market
Japan Non Alcoholic Beverages Market
Global Non Alcoholic Beverages Market Forecast
For more coverage click on the link below:
Related link:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Strict Regulations Uplifting Demand for Infant Car Seats: Ken Research

Ken Research has announced publication titled, “Global Infant Car Seat Industry In-Depth Investigation and Analysis Report 2017” which focuses on the market landscape of the infant car seat industry and its growth prospects over the coming years.
The report investigates infant car seat in global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in the regions, from 2011 to 2016, and forecasts to 2020.
Global Car Seats Market Research
It furnishes the key figures and statistics on the state of the industry and serves as a significant source of guidance and direction for companies and individuals who are interested in the market.
Baby car seats ensure the safety of babies during travel in cars, and are used compulsorily in many developed countries and these products are available in different varieties depending on the weight and age of babies.
The safety car seats include foam padding, fabric covers, and a harness, and are installed properly in cars for protecting a baby's head from jerking forward during sudden braking or an accident. The very reason that drives demand for the same is this only.
The compounded annual growth rate of the industry was recorded as 4.9% while the infant car seat industries of the countries namely United States, Europe, Japan, and China have accounted for 55% of the global consumer market share.
The leading vendors in the global market are as follows -
Britax
Chicco
Kiwi Baby Howick
Newell Rubbermaid
Recaro
This market is developed in Europe and North America, whereby the baby car seat market in the APAC and ROW is still at the nascent stage, thus showing great potentiality for market growth.
The industry has witnessed a huge demand for baby car seats from China and Japan because of the growing initiatives taken by the respective governments of the countries in promoting safety regulations for babies.
The average output growth rate of the industry in China has been noticed as 5.2% and it is further believed that it will elevate rapidly with an average growth rate of 5.4% in the future years.
Developing countries have seen that rapid urbanization has led to an increase in disposable income and dual earning and this growth, both in developed and developing nations, is one major factor that augments the growth of the infant car seat market. Chain specialty stores have dominated this market in 2015, and they are expected to maintain their dominance until 2020.
The global infant car seat market is forecasted to prosper at a CAGR of around 5% during the forecast period leading to high revenue generation and profit making for the industry through the improved quality of seats it promises to manufacture in the coming years that provide more and more comfort to the new born and infants and satisfaction to their parents with the ever growing innovation techniques.
Key Topics Considered in the Report
Global Infant Car Seats Market Research
Safety Car Seats Market
Global Infant Car Seats Market Future Outlook
Global Infant Car Seat Demand By Volume
Global Infant Car Seat Sales Volume
Global Infant Car Seat Industry Supply Analysis
America Infant Seat Market Research
Europe Infant Seat Market Research
Asia Infant Seat Market Research
Japan Infant Seat Market Research
China Infant Seat Market Research
For more coverage click on the link below:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Budding Food Additives Market Directing Positive Future Outlook: Ken Research

Ken Research has recently announced its latest publication, “GLOBAL FOOD ADDITIVES MARKET STATUS, 2011-2022 MARKET HISTORICAL AND FORECASTS” which aims at provides in-depth market analysis, information and insights into the FOOD ADDITIVES. It describes Food additives industry's growth prospects by segment and category and outlines a comprehensive overview of the global and regional demographics. It further provides the detailed competitive setting, distribution channels and regulatory policies in the Food additives around the world .


Food additive industry
Food additives industry comprises of the substances so as to alter the property of the food. Its is of various types viz. preservatives, food colorant, antioxidants, flavor enhancers, sweetening agents .The main contributor to the sector of food and beverage industry is the use of flavor enhancers. It is widely contributing to any nation food safety regulations sector as these additives are used broadly so as to ensure the safety and its freshness during long time . other additives are also there such as emulsifiers, thickeners ,glazing agents, stabilizers and tracer gas but the main contributor and highest used additive is the flavor enhancer .
Industrial Overview
Food additives industry is the sector which deals with the substances so as to preserve the food and also to enhance its taste and alter the properties of existing substance . Food additives market size is anticipated to register over USD 52 billion by 2022, with gains at over 5%. Growing nutritional content demand coupled with characteristics imparted in the product such as taste, flavor and color is likely to drive food additives market share growth. They are processed from chemical as well as bio-based raw materials such as sorbitol and lactic acid..The key reason for such a sturdy growth is the fast and itinerant routine of the population nowadays as more of the population has shifted to packaged food and has a propensity to enhance the existing features of substance. Therefore due to the trending lifestyle of  people and also by the insights of better using thee additives into different settings has also widened the scope of its applicability thus gaining the demands in the market . therefore it can be seen from the reports that Food additives industry will show gains over 5%. Also the side effects of the synthetic preservatives with unsympathetic effect to health of the consumer has made the shift towards the organic food preservatives and additives in the market throughout the globe.
Key Players
The key players in the food additibve industry are Cargill Inc, BASF SE, Archer Daniels Midland Company, E.I. Dupont, Kerry Group, Evonik Industries AG, Ingredion Incorporated, Tate & Lyle PLC, Chr. Hansen Holding A/S, Novozymes A/S.
Conclusion
Therefore due to main focus o packaged food and due to mobile lifestyle of the population during present and coming years ,Food additives industry is on the verge of gradual increase in coming years. Also the other factors such as the shift from organic food to synthetic food also contribute towards its constructive growth globally.
Key topics covered in report
  • Food additive industry.
  • Growth correlates
  • Reasons for growth
  • Trends in lifestyle
  • Shift from synthetic to organic food
  • Future trends in further years
  • Packaged food
  • Global food additives market research
  • Global Food Additives production volume
  • Global Food Additives Exports and imports
  • Food Additives Consumption worldwide
  • Global food additives industry revenue
  • Europe food additives market size
  • North America food additives market
  • China food additives market research
  • Asia food additives market research
  • India food additives market revenue
  • Global food additives market future outlook
  • Global food additives market analysis
Companies Covered
Cargill Inc, BASF SE, Archer Daniels Midland Company, E.I. Dupont, Kerry Group, Evonik Industries AG, Ingredion Incorporated, Tate & Lyle PLC, Chr. Hansen Holding A/S, Novozymes A/S
For more coverage click on the link below:
https://www.kenresearch.com/food-beverage-and-tobacco/general-food/global-food-additives-market/73111-11.html

Contact:
Ankur Gupta,
query@kenresearch.com
+91-124- 4230204
www.kenresearch.com

Friday, March 24, 2017

Argentinas Knee Reconstruction Industry To Propagate With Advancement In Technology: Ken Research

Ken Research has announced publication titled, “Argentina Knee Reconstruction Market Outlook to 2022” which offers key market data on Argentina’s Knee Reconstruction market with the objective to provide information that represents the most up-to-date data of the industry possible.
It provides competition outlook for each of the market categories, and global corporate-level profiles of the key market participants.



Industry Trends
Anterior cruciate ligament reconstruction (ACL reconstruction) is a surgical tissue graft replacement of the anterior cruciate ligament which is located in the knee, for restoring its functioning after an injury thus resulting in improved quality of life.
Joint reconstruction procedures have been undergone by the patients who have experienced severe knee-related pain and limited mobility, usually resulting from arthritis (both, degenerative and inflammatory).
Key players in the market include the following:
  • Zimmer Biomet Holdings, Inc.,
  • Stryker Corporation,
  • DePuy Synthes, Inc.,
  • Smith & Nephew Plc.
In 2014, America on a whole accounted for the highest share in the global knee reconstruction devices market and this further led to Argentina’s industry ameliorating and performing at a much better pace.
Government initiatives for allocating and mobilizing new funds as well as  development of new policies have limited the waiting time for knee reconstructions and raised the number of operations being performed currently.
Minimally invasive techniques that are the future of this industry are projected to improve the precision and accuracy of surgeons, thus resulting in reduced surgery time in the coming years ultimately leading to more efficiency as well as increased trust of the population.
Emergence of innovative techniques and other improved surgical tools for the treatment of arthritis are the factors that are expected to address the rising demand for knee reconstruction surgeries in the years to proceed.
Topics Covered in The Report
  • Argentina orthopedic equipment industry research
  • Argentina knee replacement market research
  • Argentina knee replacement Industry Future Outlook
  • Knee replacement market competition Argentina
  • Argentina Knee replacement market Trends
  • Argentina Knee replacement Technology
  • Argentina Knee replacement Cost
  • Argentina Knee Reconstruction Market
  • Argentina Knee Reconstruction Cases
  • Argentina Knee replacement market growth
  • Argentina Knee replacement market trends
  • Argentina Knee replacement market future
  • Argentina Knee replacement market share
  • Argentina Knee replacement market research
  • Argentina Knee replacement market share
  • Argentina Knee replacement market
For more coverage click on the link below:
https://www.kenresearch.com/healthcare/medical-devices/argentina-knee-reconstruction/49654-91.html
Related links:
https://www.kenresearch.com/healthcare/medical-devices/austria-knee-reconstruction/49666-91.html
https://www.kenresearch.com/healthcare/medical-devices/belgium-knee-reconstruction/49678-91.html
Contact:
Ken Research
Ankur Gupta,
query@kenresearch.com
+91-124- 4230204
www.kenresearch.com

Repository Prospects of the Global Hair Dryer Industry: Ken Research

Ken Research has announced latest publication on growth estimates of Hair Dryer Industry in the global market named as, “Global Hair dryer Industry Situation and Prospects Research report 2017". The report dispenses the professional and an in-depth analysis over the growth prospects of the hair dryer industry accompanied with the integrity of logic and the comprehensiveness of contents that is substantially guaranteed to enrich the report reader who is either an industry insider or investor, with the elaborative and extensive data analysis. The data ranges from macro overview of the market to micro details of the industry performance, manufacturing requirements, project cost, project funding, expected returns on investment, etc.
Hair Drier Market
This report progresses with a detailed incisive analysis involving the basic overview of the industry supported by particulars regarding its definition, classifications, applications, development policies and plans, manufacturing processes, cost structures, import/export, supply and consumption figures, price, revenue and gross margin by regions, company profiles, product specification, capacity, production, upstream raw materials, equipment, and downstream consumers analysis is also carried out. Moreover, the analysis is provided for the international market including development history, competitive landscape analysis and major regions development status.
Industry Analysis
Largely urban consumers with becoming much more style conscious are getting erratically brand and quality conscious as well, which is further driving the hair dryer industry growth invariably. Moreover, a good presentation is said to be associated with competitiveness at work, and this explains the massive growth in demand for hair dryer appliances in emerging markets, and high level of innovation and R&D in saturated markets like that of Europe, North America, and others. Technological advancements and growing awareness among consumers are the other encouraging consumers to shift from manually operated tools to electricity or battery operated appliances for hair care such as the hair dryers. Distribution channels inclusive of direct selling, e-commerce, departmental stores and supermarkets also play an essential role in increasing the revenues of the companies. In order to expand their offerings and to tap potential consumer segment, the companies adopt various distribution channel models.
The Global Hair Dryer market can be segmented on the basis of product type, market application, varied price ranges such premium, mid-size, and low price range and end user segments. The market segment for hair dryers exhibits mature product cycle in the developed economies with a strong market in the emerging economies. The market is categorized based on region into North America, Europe, Asia-Pacific, and LAMEA amongst which North America is the leading revenue contributor to the global market, and is expected to maintain its dominance till the next few years. However, with the continuous improvement in standards of living and untapped market in the developing regions such as the Asia-Pacific and LAMEA has posed lucrative opportunities for the market players to expand their foothold in the area during the upcoming years. These regions are expected to grow at the highest CAGR during the same period.
Given the facts that the world economy enlarged by just 2.2 per cent in the year 2016, and is anticipated to further extend by only 2.7 per cent in 2017 and reach till 2.9 per cent in 2018, it is contemplated as a state of stagnant growth. It is not to say, that the market growth is impeded, but rather it’s moving on a very sedating pace of recovery indicating the state of economic stabilization for the present as well as the future rather than a robust revival of global demand. Moreover, the correspondence between the demand, investment, trade and productivity coupled with the weak global growth may prove to be self perpetuating for the Hair Dryer industry.
In line with the future prospects, certain technological breakthroughs may make new types of hair dryers possible. Apart from it, one of the most interesting areas for future development of hair dryers really has nothing to do at all with hair. Many creative and imaginative consumers have identified the multiple uses of a single hair dryer as that of removing chewing gum from hard surfaces and helping to dry nail polish. However, the manufacturer’s response by marketing hair dryers for these specific uses is yet to be seen.
Restraints And Drivers
The significant drivers identified behind boosting the hair dryer market include increasing urbanization, increase in geriatric population, growth in GDP value, increasing style consciousness, consciousness of the benefits provided by the appliance, increasing spending habits of people, increasing e-commerce sector and the popularity of the product are driving the hair care market growth extensively. Influence of western lifestyle over the developing countries is further expected to fuel the adoption of hair dryer appliances in the regions. However, lack of durability, lack of awareness regarding novel products, high costs, essential R&D spend, intense domestic and international competition, and saturated western markets are the major identified restraints hampering the growth of the hair dryer market. These issues along with appliance failure due to reasons such as problems in blade heads, motors, and other electronic components have hampered the growth of the market. However, the impact of this restraint is expected to reduce during the next few years with further innovative developments.
The key players identified as playing significant role in the growth and development of the hair dryer industry include PHILIPS, Panasonic, Kangfu, FLYCO, TESCOM, Midea, RIWA, Dyson, Solis, and POREE. These companies are further focusing on the innovative development of the product in addition to its creative brand reinforcement.
Key Topics Considered in the Report
Hair Dryer Market Trends
Global Hair Dryer Industry
Europe Hair Dryer Volume Sales
Global Hair Care Market Revenue
China Hair Dryer Market Research
Hair Dryer Market Research Global
Global Hair Dryer Production Analysis
Global Hair Dryer Market Future Outlook
North America Hair Dryer Market Analysis
Global Hair Care Industry Research Report
For more coverage click on the link below:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204