Tuesday, 29 August 2017

Gym Equipment Market Poised to Rake US$ 7,600 Mn by 2022

Global gym equipment market is set to exhibit an above average CAGR between 2017 and 2022, as per the latest study conducted by Fact.MR. The study also reveals that the global market for gym equipment will surpass a valuation of US$ 7,600 Mn by 2022-end.
Individuals are progressively enrolling themselves in fitness clubs and gyms in order to stay fit and healthy. A sedentary lifestyle that is followed by a majority of modern consumers is frequently linked with the cause of obesity, mental stress and various choric diseases. This, in turn, has triggered the urgency to adopt a healthier lifestyle. In addition, government authorities in various countries are initiating programs to encourage people to get enrolled in recreational activities that involve intensive physical exercise. The aforementioned factors are expected to reflect favorably on the global market for gym equipment during the forecast period. Moreover, the arrival of smart wearable technologies and smartphone application that can monitor user’s health, assist in training and analyze performance has been instrumental in popularizing various gym apparatus and innovative exercise equipment.
In recent years, the number of fitness clubs and gyms has increased significantly. Manufacturers are focusing on development of application-specific equipment compatible with personal devices, which is also expected to support the expansion of the global market for gym equipment. 
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Global Market for Gym Equipment – Key Projections 
In terms of revenue, Europe is anticipated to dominate the global gym equipment market over the next few years. Between 2017 and 2022, the market in Europe gym is expected to remain highly attractive and register to a sound CAGR.
North America and Asia-Pacific excluding Japan (APEJ) are expected to emerge as the two other lucrative markets for gym equipment during the assessment period.
Based on product type, the cardiovascular machines segment is projected to retain its leading position over 2022. The segment currently commands for nearly 17% revenues share of the global market. Meanwhile, ground base equipment are expected to remain the second largest product type segment during the forecast period.
Sport stores and online retail stores are the two largest distributional channels for gym equipment. Both the distributional channel segments collectively account for close to two-third market share in terms of revenue. However, sport store distribution channel segment is project to witness a higher CAGR over 2022.
By buyer type, the institution segment is projected to hold its dominant position through 2022. The segment currently commands for over one-third revenue share of the market and anticipated to reflect a healthy CAGR of 5.1% over the forecast period.
Competition Tracking
Technogym SpA, Brunswick Corporation, Nautilus, Inc, Johnson Health Tech Co. Ltd., Torque Fitness LLC, Amer Sports Corporation, Icon Health & Fitness, INC, Core Health and Fitness LLC, Cosco Capital, Inc., and Impulse Healthtech Co. Ltd. are among the top companies operating in the global market for gym equipment.  
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Thursday, 24 August 2017

Patient Positioning Market Forecast will surpass US$ 1.9 Bn by 2022

Patient’s dignity and comfort are of paramount importance in the field of medical surgery. Nurses are properly trained on patient positioning principles, and hospitals are also compelled to be equipped with leading products that can facilitate effective patient positioning.
The Fact.MR forecast report on global patient positioning market projects that the market will reach US$ 1.4 Bn value by the end of 2017. With improving healthcare infrastructures and adoption of ergonomic designs, manufacturers of patient positioning products are likely to boost their capacity in the years to come. Towards the end of 2022, the global market for patient positioning will have expanded steadily at 6.1% CAGR, raking revenues worth slightly over US$ 1.9 Bn.
Key Forecast Highlights
According to the report, tables will account for nearly 20% share on global patient positioning revenues in 2017. Surgical tables, on the other hand, will be observed as top-selling products in the global patient positioning market. By the end of 2022, nearly US$ 500 Mn worth of revenues will be procured from sales of patient positioning surgical tables around the world.
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Increasing emphasis on improving the healthcare infrastructure has propelled the adoption of patient positioning solutions in developing regions. Manufacturers of patient positioning are also viewing regions such as the Asia-Pacific excluding Japan (APEJ) region lucrative for setting up manufacturing units. High resource availability, low wage costs, coupled with dense population that translates into maximum end-use, are driving the growth of patient positioning market in the APEJ region. The report projects that the APEJ patient positioning market will soar vigorously at 7.2% CAGR, bringing in revenues worth over US$ 238 Mn by the end of 2022.
North America is expected to remain the largest market for patient positioning. The report predicts that high healthcare spending in the US and Canada will prompt manufacturers in providing top-of-line products in the field of patient positioning. While revenues amassed from sales of patient positioning products in Europe will contribute to 30% of global market value, it is estimated North America’s patient positioning market will procure nearly US$ 480 Mn revenue towards the end of 2017.
Surgeries are estimated to be the largest application of patient positioning products. The report expects that in 2017, a little over US$ 485 Mn worth of patient positioning products will be sold in surgical applications. Application of patient positioning solutions in cancer therapy will also be of equivalent traction in the global market, accounting for more than 38% share on global revenues through 2022.
Demand for patient positioning is also expected to gain traction across diagnostic centers. While hospitals will remain the largest end-users of patient positioning products, their end-use in diagnostic centers are expected to procure more than US$ 488 Mn revenue by 2022-end.
Hill-Rom, Inc., Stryker Corporation, Span-America Medical Systems, Inc., STERIS plc, Elekta AB(publ), Skytron, C-RAD, LEONI AG, and Mizuho OSI are key companies profiled in the report as leading players in the global patient positioning market.
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Tuesday, 22 August 2017

Automotive Tire Market Poised to Rake US$ 340 million by 2022

With a strong focus on fuel efficiency, and demand for low-rolling resistance tires, along with stringent environment regulations, the global market for automotive tires is likely to witness an upsurge in the near future. The market is also expected to benefit from increasing prevalence of green tires on the back of rapidly growing concerns associated with overflowing landfills of scrap tires, and inadequate recycling efforts. OEMs are now focusing on performance and efficiency of tires as imperative engineering parameters. Fact.MR offers a detailed analysis on the global automotive tire market in its recent research for the forecast period 2017 to 2022.
Fact.MR’s report projects the revenues from global automotive tire market to reach nearly US$ 270,000 Mn in 2017. Increasing disposable income of people has resulted into an increased spending in automobiles by individuals, which in turn has fuelled the growth in demand for automotive parts such as tires. With the rapid pace of new technologies influencing the automotive sector, automakers are making huge investments in research & development activities. In addition, increasing life-spans of vehicles have led towards demand for replacement of tires globally. The report projects the global automotive tire market to register a steady expansion at 5.1% CAGR, to reach revenues worth US$ 342,209.2 Mn by 2022-end.
6 Projections of Fact.MR’s Report on Global Automotive Tire Market
Based on product type, the market is bifurcated into radial tires and bias tires. Although bias tires will remain preferred in the market, sales of radial tires are estimated to register a comparatively higher CAGR through 2022.
Sales of automotive tires in LCVs and two-wheeler vehicles are expected to register parallel expansion during the forecast period, with LCVs estimated to account for a comparatively larger revenue share than two-wheeler vehicles. In addition, sales of automotive tires in passenger cars are expected to exhibit the highest CAGR through 2022. In contrast, M&HCV segment is projected to register the lowest CAGR in the global automotive tire market.
Aftermarket will remain the largest sales channel for automotive tires, expanding at 5.3% CAGR through 2022. Revenues from sales of automotive tires through OEM are anticipated to surpass US$ 10,000 Mn by 2022-end. Asia Pacific Excluding Japan (APEJ) accounts for the largest share of automotive tire sales through OEM.
APEJ is estimated to continue its dominance in the global automotive tire market, in terms of revenues. The automotive tire market in APEJ is estimated to create a robust incremental opportunity between 2017 and 2022.
Although sales of automotive tires in North America will register a comparatively higher CAGR than Europe, Europe will account for a higher revenue share by 2022-end. In contrast, Middle East & Africa (MEA) will account for the lowest revenue share in the global automotive tire market.
Key market players identified in Fact.MR’s report include Bridgestone Corporation, Continental AG, Michelin North America, Inc., The Goodyear Tire & Rubber Company, Sumitomo Rubber Industries, Ltd., The Yokohama Rubber Co., Ltd., Pirelli & C. S.p.A., Madras Rubber Factory Limited, Apollo Tires Ltd., and Cheng Shin Rubber Ind. Co.
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Friday, 18 August 2017

7.4% CAGR Anticipated for Liquid Dietary Supplements Market During 2017 - 2022

Considering the changing lifestyles of consumers, liquid dietary supplements are expected to gain inclusion into their daily diets. While some may consume them for targeted improvement in health, a majority of consumers for liquid dietary supplements will be looking towards improving their general body metabolism and avoid spending on medical treatments. The Fact.MR report on global liquid dietary supplements market projects that by the end of 2017, around US$ 29.5 Bn revenues will be amassed from sales of liquid dietary supplements in the world. The global market for liquid dietary supplements is also anticipated to witness a steady growth at a CAGR of 7.4%.
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Key Report Insights:
  • According to the report, more than 45% of liquid dietary supplements sold in the world in 2017 will be consisting of vitamins and minerals as key ingredients. The demand for botanical supplements, however, is expected to remain robust, during the forecast period.
  • In 2017, a little less than 10% of liquid dietary supplements consumed globally will be directed towards treating heart conditions. Health immunity application of liquid dietary supplements is slated to gain traction during the forecast period.
  • The report observes that pharmacies and drug stores will remain the largest distribution channels for liquid dietary supplements through 2022. In 2017, direct selling of liquid dietary supplements is anticipated to account for significant revenue share of the market.
  • Men as consumers of liquid dietary supplements will account to 20% of the global market value in 2017. Women will be observed as largest end-users of liquid dietary supplements.
  • Rising presence of sedentary lifestyles in the US and Canada is expected to prompt the need for dietary supplements that boost body metabolism. The report anticipates that North America will remain the largest market for liquid dietary supplements through 2022.
  • The liquid dietary supplements market in Europe is expected to grow steadily, creating an incremental opportunity of more than US$ 3.4 Bn by 2022 over 2017. During this period, increasing incidence of dietary problems among European consumers will play a pivotal role in boosting the sales of liquid dietary supplements.
  • The report also projects Asia-Pacific excluding Japan (APEJ) region at the forefront of global expansion of liquid dietary supplements market.
The report has comprehensively profiled key players in the competitive landscape of the global market for liquid dietary supplements. The leading players in the global market include Abbott Laboratories, Herbalife International, Inc., GlaxoSmithKline plc, BASF SE, E. I. du Pont de Nemours and Co., Bayer Aktiengesellschaft, Koninklijke DSM N.V., Glanbia plc, Alphabet Holding Company, Inc., and Amway Corporation.
Overall, the global liquid dietary supplements market will be greatly influenced by rising awareness on health and well-being. However, concerns about the potential health impact of liquid dietary supplements will continue to impact global sales.
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Wednesday, 16 August 2017

Deodorants Market Poised to Rake US$ 30,000 Mn by 2022

According to a recent report by Fact.MR, the global deodorants market is projected to register an impressive 7.1% CAGR over the forecast period 2017 to 2027. Over the recent years, the demand for deodorants has witnessed an exponential growth on the back of robust adoption by women in their daily grooming routine. The global market for deodorants is expected to surpass US$ 30 Bn in revenues by 2022.
A slew of premium quality ingredients, packaging styles, and attractive designs have been utilized by deodorant manufacturers for increasing their market presence as well as their product portfolio. These manufacturers are focusing on gradual inclination towards niche market with growth potential, with launches of various affordable deodorants. There variety of deodorants was limited for women in the past, however new entrants as well as various brands already thriving in the market are leveraging media campaigns for benefitting from the category’s substantial growth potential. The aforementioned factors are estimated to augment the market growth throughout the forecast period.
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Versatile and high performance deodorants are being sought by the consumers across the globe, based on their altering requirements ranging from usual fragrances to achieving particular beauty benefits. The demand for deodorants based on natural ingredients have been witnessing a rise in demand over the past few years, owing to their benefits pertaining to health. Deodorants have emerged from being non-essential to an integral part of people’s life in the current world. Products such as youth-oriented deodorants and celebrity scents have been observed to gain higher traction among users. Across developing economies such as India and China, rising living standards of people have fuelled the adoption of various cosmetic products including scents, body lotions, talcum powders, and deodorants. In addition, rising focus of manufacturers in examination of business strategies and new products has been transmuting the global deodorants market.
6 Estimations for the Global Deodorants Market
  • In terms of revenues, Europe will remain the most lucrative market for deodorants. The market for deodorants in Europe is anticipated to hold the largest market share during the forecast period.
  • Asia Pacific Excluding Japan (APEJ) is estimated to be the second largest market for deodorants by 2022-end. Deodorants sales in Middle East & Africa (MEA) are expected to exhibit the highest CAGR in the market through 2022.
  • Hypermarkets will remain dominant among distribution channels in the global market for deodorants. In terms of revenues, deodorants sales in hypermarkets are expected to account for largest market share throughout the forecast period.
  • Sales of deodorants in online distribution channels are estimated to register the highest CAGR through 2022.
  • Spray deodorants will continue to be sought-after among products in the market. Sales of spray deodorants are anticipated to exhibit the fastest expansion during the forecast period, followed by roll-on deodorants.
  • Sales of stick deodorants will exhibit a comparatively lower CAGR through 2022 in the market. In terms of market share, stick deodorants will lose 61 BPS between 2017 and 2022.
The report has profiled key manufacturers of deodorants in the global market, which include companies such as Adidas AG, Avon Products, Inc., Beiersdorf Aktiengesellschaft, CavinKare Pvt. Ltd., Church & Dwight Co., Inc., Colgate-Palmolive Company, Henkel AG & Co. KGaA, Lion Corporation, The Procter & Gamble Company, and Unilever PLC.
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Friday, 11 August 2017

Fragrances Market to Grow at a CAGR of 6.2% CAGR through 2022

A recent report by Fact.MR projects the global fragrances market to grow at a CAGR of 6.2% during the forecast period 2017 to 2022. The rise in living standards of population across developing economies has driven the consumption of cosmetic as well as aromatic personal care products, which in turn is expected to fuel adoption of fragrance products in these regions.
Altering demand patterns of consumers has led the global market for fragrances to attain significant momentum over the past few years. Majority of the consumers and manufacturers have been shifting their preferences towards natural fragrances, on the back of concerns related to synthetic fragrances’ toxic contents. These synthetic fragrances or perfumes are expected to have negative health effects on users and the environment. Even though natural fragrances are gaining tremendous popularity, their adoption rate is less as compared to synthetic ones owing to their higher costs. However, the demand for natural fragrances is expected to witness a rise on the back of their environment-friendly nature as well as health benefits, for example – they have no side effects on people with sensitive skin.
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The number of customers focusing on creating their own signature scent has been surging, which in turn has fuelled the adoption of various fragrance products. A slew of artisan as well as niche brands have entered into the market, with introduction of completely new fragrance and aromatic products. These small industries are concentrating on leveraging perfume blogs, social media platforms, and online sales channels with an aim of gaining brand visibility. Fragrance product manufacturers are shifting their focus towards innovation of effervescent products, and launching new exotic scents. The aforementioned factors will drive market growth for fragrances over the forecast period.
10 Projections for the Global Fragrances Market
Soaps & detergents will remain preferred among products, however their sales are anticipated to exhibit the lowest CAGR through 2022.
Cosmetics & toiletries are estimated to be the second largest product type segment in the global fragrances market.
Fine fragrances, and household products will register the fastest expansion in the market during the forecast period, with fine fragrances anticipated to account for a relatively larger revenues than the household products segment.
On the basis of distribution channels, hypermarkets will continue to be dominant in the global market for fragrances, with sales estimated to exhibit fastest expansion through 2024. In terms of revenues, hypermarkets are expected to hold the largest share of the market by 2022-end.
Supermarkets will remain the second largest distribution channel in the market during the forecast period.
Specialized cosmetic stores are expected to exhibit a sluggish expansion in sales of fragrances through 2022.
Europe will remain the most lucrative region in the global market for fragrances, with sales anticipated to exceed US$ 20,000 Mn in revenues by 2022-end.
In terms of sales, Asia Pacific excluding Japan (APEJ) will exhibit a comparatively faster growth than North America during the forecast period.
Fragrances market in Middle East & Africa (MEA) and Japan will continue to exhibit the lowest CAGRs through 2022.
The report has profiled key manufacturers of fragrances which will remain active in the global market through 2022. Companies such as Avon Products, Inc., Clarins S.A., CavinKare Pvt. Ltd., Henkel AG & Co. KGaA, Church & Dwight Co., Inc., Lion Corporation, The Estée Lauder Companies Inc., Chanel International B.V., Coty Inc., and Amway Corporation are expected to remain prominent in the competitive landscape of global fragrances market.
ABOUT US:
Fact.MR is focused on offering transformative intelligence that inspires breakthroughs and innovation. We believe that the right decisions at the opportune time are integral to achieve extraordinary success. We are here to help you with your strategic decision making.
CONTACT:                     
Suite 9884
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 Phone: +353-1-6111-593
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