Baby Products Market Size Worth $16.78 Billion By 2025

The global baby products market size is expected to reach USD 16.78 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a healthy CAGR of 5.5% over the forecast period. The increasing population in emerging economies of Asia Pacific including India and China is likely to drive the demand for baby products over the forecast period. Increased spending capacity in developed economies of North America and Europe will also augment industry growth over the next few years.

Moreover, rising awareness about infant nutrition, hygiene, and safety in developing regions will fuel the demand further. Continuous innovation in the field is also expected to propel industry growth in the future. The cosmetics and toiletries segment held the largest share in the global market. Cosmetics help enhance infant skin, provide nourishment, resist swelling, itching, rashes, and inflammations. Apart from that, they possess antibacterial, antifungal, antimicrobial properties, which soothe and provide luster to the skin.

These beneficial properties are expected to drive demand over the forecast period. Infant food provides essential ingredients, which include vitamin B12, protein, carbohydrate, and iron, which are required in different growth phases to develop a good immune system. The availability of different food varieties coupled with its ease of use during traveling is expected to have a positive impact on the segment growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/baby-products-market

Further key findings from the study suggest

  • The global baby products market is expected to witness a CAGR of 5.5% from 2018 to 2025 owing to increased female working population resulting in higher demand for ready-to-use items
  • Cosmetics & toiletries will witness the fastest growth at a CAGR of 5.7% from 2018 to 2024 owing to rising awareness regarding infant hygiene
  • Asia Pacific market was the largest baby products market in the past and will expand further on account of growing awareness about baby nutrition, hygiene, and safety
  • Key companies in the global market include Procter & Gamble Company, Kimberly-Clark Corporation, Johnson & Johnson PLC, Unilever PLC, Nestle S.A., and Abbott Nutrition
  • Most of these companies focus on increasing their global presence through M&A and brand awareness activities
  • For instance, in 2017, Abbott Nutrition announced its acquisition over Alere, Inc. The acquisition was intended to strengthen Abott’s presence in the diagnostics market

Non-alcoholic Drinks Market Worth $1.6 Trillion By 2025

The global non-alcoholic drink market size is expected to reach USD 1.6 trillion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% over the forecast period. Rising concerns over adverse effects associated with consumption of alcoholic beverages are expected to expand the use of functional beverages as alternatives. Moreover, increasing demand for healthy and nutritious on-the-go beverages has propelled the demand for wide variety of natural beverages in the market.

Functional beverages are expected to expand at the fastest CAGR of 6.0% from 2019 to 2025. Changing diet patterns among the young population owing to fast moving lifestyle have fueled the demand for functional products such as probiotic beverages. Moreover, these products are beneficial for improving gut health, bones strength, and immunity of the body. They provide essential nutrition for proper functioning metabolism and normal functioning of the body.

North America led the market and accounted for a share of 34.5% in 2018. Over the past few years, the major players of the region have been adopting marketing strategies including innovative product launch and mergers and acquisitions in order to cater to the increasing demand for natural, less sugary, and low calorie content beverages.

For instance, in January 2019, The Coca-Cola Company launched a new range of sparkling cocktails under the brand name ‘Bar None’ in U.S. This product is available in four flavor variants including Bellini Spritz, Sangria, Ginger Mule, and Dry Aged Cider. The company has introduced these beverages as a best alternative to the alcoholic beverages in the parties.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/non-alcoholic-drinks-market

Further key findings from the report suggest:

  • By product, soft drinks held the largest share of 24.3% in 2018
  • The online distribution channel is expected to expand at a CAGR of 5.6% from 2019 to 2025
  • In terms of revenue, North America accounted for the largest share of 34.5% in 2018
  • Asia Pacific is projected to expand at the fastest CAGR of 6.0% from 2019 to 2025 owing to product innovation and establishment of partnerships with the distributors located in developing countries including China and India
  • Key players of non-alcoholic drinks market include PepsiCo, Inc.; The Coca-Cola Company; Danone S.A.; Starbucks Corporation; Nestle S.A.; Parle Agro; Suntory Beverage & Food Limited; Keurig Dr Pepper Inc.; Red Bull Gmbh; and Unilever.

Insulated Concrete Form Market Size Worth $1.2 Billion By 2025

The global insulated concrete form market size is expected to reach USD 1.2 billion by 2025, accelerating at a CAGR of 5.2% over the forecast period, as per a new report by Grand View Research Inc. Higher insulation values, strength, durability, and lightweight properties offered by insulated concrete forms are likely to boost their demand in construction applications over the forecast period.

The product is witnessing high demand in low rise residential and commercial buildings on account of its easy application to build energy-efficient structures. The lightweight property of insulated concrete forms makes them a user-friendly product for shipping and handling during building construction activities. Furthermore, constructions using these products require lesser time as compared to conventional building solutions.

ICF walls can replace traditional wooden framed walls owing to their better performance against moisture and mold. They are manufactured using recyclable raw materials, which makes them more environment-friendly and cost-effective. Furthermore, insulated concrete form offers better flame resistance than wood, which provides them a competitive edge over wooden materials.

ICF walls are manufactured by sandwiching concrete in two layers of foam, which results in building insulation value of up to R40-50. As a result, this aids in reducing the cost required for heating homes by up to 70%. Growing demand for cost-efficient housing systems in temperate regions is expected to propel the insulated concrete form industry growth over the projected period.

Market players are focusing on advancements in the product to enhance its thermal insulation values and strength. Moreover, prominent ICF market players have patented the innovation of interlocking blocks for the rigid construction of walls and foundations, making it difficult for other players to penetrate the market. Manufacturers are concentrating on providing guidelines along with installation services to end users, which is likely to support the demand for insulated concrete form over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/insulated-concrete-form-market

Further key Findings from the Study Suggest:

  • Residential application segment is expected to grow at a CAGR of 5.4% over the projected period on account of increasing acceptance of ICF blocks for energy-efficient single-family constructions
  • Polystyrene foam segment was the dominating product segment in the insulated concrete form market in 2018 on account of its favorable characteristics such as better thermal insulation, light weight, and low cost
  • The European market accounted for a share of over 30.9% in the overall revenue in 2018 owing to high consumer awareness regarding the cost-effectiveness of the product
  • Residential construction application segment in the U.S. accounted for 70.1% of the revenue share in 2018 on account of wide acceptance of modern construction technologies for energy-efficient constructions.

Superfoods Market Size Worth $205.2 Billion By 2025

The global superfoods market size is expected to reach USD 205.2 billion by 2025 ascending at a CAGR of 5.9% over the forecast period according to a new report by Grand View Research, Inc. Growing consumer inclination toward a healthy lifestyle, rising consumption of healthy foods, and increased popularity of nutritious diets are factors expected to propel the demand for superfoods over the forecast period.

Superfoods are termed as foods rich in nutrients such as antioxidants, fibers, minerals, and fatty acids. These products have more nutritional value as compared to regular foods and there is increased preference for them among customers in order to sustain a healthy lifestyle & diet and prevent health disorders. They also help reduce the risk of diabetes & cardiovascular diseases, increase metabolic rate, and are beneficial for weight loss.

A significant factor contributing to the growth of the market for superfoods is the rising number of health-conscious people across the globe. Consumers are ever more concerned about the ingredients they use & consume and are skeptical regarding the safety of processed ingredients & synthetic food additives. Superfoods improve health and offer wellness. Through many scientific research activities, it has been proven that superfoods are nutrient-dense, have antioxidant effects, have the capacity to prevent several diseases, help detoxify the body, and are the best food source for consumers who wish to maintain their weight at a constant level.

On the basis of type, fruits is expected to emerge as the largest segment over the forecast period owing to the high concentration of a group of antioxidant plant compounds and anthocyanins. Fruits have gained much prominence across retail stores worldwide. Moreover, companies are targeting numerous departmental stores and supermarkets to upsurge the shelf space for such products and to gain consumer attention.

On the basis of application, the superfoods market has been segmented into bakery & confectionery, snacks, beverages, and others. Bakery & confectionery is expected to remain the largest segment over the forecast period on account of product introduction and innovation in the existing and forthcoming products. For instance, producers are coming up with gluten-free confectionery and bakery superfoods such as brownies, pancakes, and cookies, which is expected to further boost the segment growth over the forecast period.

Geographically, North America is expected to account for a significant share in the market for superfoods over the forecast period. There is a growth in adoption of superfood ingredients in restaurants and rise in consumer awareness regarding their health benefits. Moreover, frequent product launches are among the major factors driving the growth of this regional market for superfoods. Distribution agreements, product innovations, and strong marketing strategies are key methods adopted by companies to expand their competitive position and visibility in the market.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/superfood-market

Further key findings from the report suggest:

  • Fruits segment is likely to be valued at USD 58.4 billion by 2025, progressing at a CAGR of 5.5% from 2019 to 2025
  • Among applications, beverages segment is expected to progress at the highest CAGR of 6.5% over the forecast period
  • The superfoods market is characterized by product accreditation, capacity expansion, capital growth, and substantial investment decisions to improve the market share of manufacturers
  • Some of the prominent companies present in the market are Nature’s Superfoods LLP; Archer Daniels Midland; Del Monte Pacific Limited; Creative Nature Superfoods; Ocean Spray; Nutiva; The Green Labs LLC; Suncore Foods; Apax Partners; Bulk Superfoods; and Supernutrients.

Fresh Food Packaging Market Size Worth $144.51 Billion By 2025

The global fresh food packaging market size is expected to reach USD 144.51 billion by 2025, expanding at a CAGR of 3.90%, according to a new report by Grand View Research, Inc. Rising need food transportation and food safety is projected to drive the growth. In addition, rising awareness regarding food quality and extended shelf life are some of the major factors fueling the demand for fresh food packaging. Increased consumer consciousness about health and food labeling is anticipated to further drive the growth of the market.

Furthermore, introduction of advanced technologies such as, intelligent packaging and active packaging developed gradually over the years, enable flexible packaging of food items. Other solutions such as Modified Atmospheric Packaging (MAP) and antimicrobial and aseptic packaging boost the growth opportunities for the manufacturers as they offer advanced safety to fresh food. Rising concerns over the amount of pesticides and other chemicals sprayed on the fruits and vegetables and the artificial ripening methods used by the street vendors are projected fuel the product demand.

However, environmental concerns and rising global warming may restrain growth of the fresh food packaging market. Also, stringent government rules and regulations regarding the raw material used for packaging material is expected to challenge the market growth in the forthcoming years.

Metal/wood and glass packaging material segment is anticipated to register rapid CAGR, followed by plastic and paper bag/board material. The paper bag/board material holds the largest share of the market.

Meat and seafood application segment is expected to continue holding the largest market share in near future, owing to the awareness regarding the nutritional value of seafood and meat and changing eating habits.

Asia Pacific held the largest market share of about 37.50% in 2018, owing to the rising demand for packaged foods coupled with rising health consciousness among consumers from China and India. North America, on the other hand, is anticipated to continue holding the largest market share during the forecast period.

Key players adopt business strategies such as partnerships and mergers and acquisitions to strengthen their product portfolio and to maintain a strong foothold in the market. Major market participants are Amcor Limited; Mondi Plc.; Smurfit Kappa Group; Bemis Company, Inc.; E. I. du Pont de Nemours and Company; International Paper Company; Coveris Holdings S.A; D.S. Smith Plc.; Silgan Holdings Inc.; and RockTenn Company among others.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/fresh-food-packaging-market

Further key findings from the report suggest:

  • Paper bag/board packaging material segment is projected to ascend at a CAGR of 3.80% over the forecast period
  • Asia Pacific led the global fresh food packaging market in 2018 with a revenue share of 37.50%. This trend is projected to resume over the next few years
  • The market is highly competitive in nature with the presence of main players including Amcor Limited and Smurfit Kappa Group
  • Various manufacturers are concentrating on new product launches, capacity expansion, and product portfolio extension to cater to the existing as well as future demand patterns from upcoming application segments

Reclaimed Lumber Market Worth $16.09 Billion By 2025

The global reclaimed lumber market size is expected to reach USD 16.09 billion by 2025 expanding at a CAGR of 4.6%, according to a new report by Grand View Research, Inc. Growth in the demand for recycled wood furniture on account of low cost and environmental benefits will drive the global market over the forecast period. Various government mandates and rising cost of landfill space to reduce waste have encouraged the wood waste recovery. The industry has registered a notable change from the reclamation of salvaged wood with little or no flaws to the recovery of higher-value applications, including doors, wall panels, and fences to increase the recovery value percentage.

Reclaimed lumber exhibits superior quality than the sustainable harvested wood and virgin timber, but is available at a higher price as compared to its counterparts. In addition, the industry witnesses a significant demand-supply gap, which leads to a high consumption of the substitute products, thereby limiting the industry growth. There is a large number of regional companies operating across the global market. The market entry is not capital-intensive, which is expected to intensify the competition due to emerging companies. In addition, rising profit margins coupled with growing demand for the product is further expected to attract new companies to the industry.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/reclaimed-lumber-market

Further key findings from the study suggest:

  • Flooring led the market in 2017 and accounted for 25.5% of the total volume due to demand for durable and aesthetically pleasing products in residential and commercial sectors
  • Commercial sector is expected to be the fastest-growing segment over the forecast period due to preference for rustic look and unique designs for applications including flooring, wall covering, tabletops, and light fixtures
  • The industry is concentrated in North America and is estimated to reach a revenue of USD 8.97 billion by 2025 on account of an upward trend for green building materials and positive developments in green building code
  • Growing product demand for structural applications including Cross-Laminated Timber (CLT) and Glued Laminated Timber (Glulam) in Europe is estimated to fuel the regional growth
  • Global reclaimed lumber market exhibits increased integration of companies across the value chain with the deconstruction contractors often forward integrated to distribution, whereas product manufacturers generally exhibiting backward integrated to processing

Nootropics Market Size Worth $4.94 Billion by 2025

The global nootropics market size is expected to reach USD 4.94 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 12.5% during the forecast period. Rising expenditure on wellness and healthcare is anticipated to fuel the growth. In addition, rising awareness regarding mental health among millennials in developing countries including China and India is expected to boost the demand for nootropics.

The memory enhancement application segment led the nootropics market in 2018 and it is expected to continue leading over the forecast period. Increasing consumption of smart drugs to gain a competitive advantage in academic performance is expected to positively influence the growth. Adrafinil, Noopept, Modafinil, Phosphatidylserine, and Phenylalanine Nootropics help improve memory. A significant part of the elderly population with mild Alzheimer’s disease is also prescribed with these medications. In 2018, around 46 million people were suffering from Alzheimer’s disease and dementia across the world. Finland, U.S., Canada, Iceland, and Sweden have the highest population of dementia patients. This factor is anticipated to drive the demand for nootropics.

Asia Pacific is expected to register the fastest CAGR in the upcoming years. Rapid growth of the academic, professional, and sports industries is anticipated to fuel the regional product demand. Rising prevalence of Alzheimer’s disease in the developing countries is expected to widen the scope of demand for nootropics in the forthcoming years.

Key competitors operating in the nootropics market include Accelerated Intelligence Inc.; AlternaScript; HVMN; Onnit Labs, Inc.; Peak Nootropics; Teva Pharmaceutical Industries; Purelife bioscience Co., Ltd.; United Pharmacies; SupNootropic bio co., Ltd.; and Powder City. Product innovation is one of the major business expansion strategies adopted by the market players. Growing demand for natural products is encouraging the manufacturers to invest more in R&D of natural nootropics and to expand their product portfolio.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/nootropics-market

Further key findings from the report suggest:

  • North America held the largest market share of more than 37% in terms of revenue in 2018
  • Asia Pacific is expected expand at the fastest CAGR of 18.8% from 2019 to 2025. Hectic lifestyle and fluctuating diet patterns among working population in developing countries is expected to promote the demand for of nootropics drugs
  • Memory enhancement application held the largest market share of over 30% in 2018, owing to increased consumption of these products among students
  • Online distribution channel is expected register the fastest CAGR of 14.2% from 2019 to 2025
  • Accelerated Intelligence Inc.; AlternaScript; HVMN; Onnit Labs, Inc.; Peak Nootropics; and Teva Pharmaceutical Industries are some the major players operating in the nootropics market

Body Dryer Market Size Worth $4.23 Million By 2025

The global body dryer market size is expected to reach USD 4.23 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.81% during the forecast period. Rising awareness regarding personal hygiene and high demand for convenience products is expected to drive the growth. Rapid growth of the commercial sector is projected to further fuel the product demand. Rising purchasing power of consumers in developing countries such as China and India is also expected to positively influence the demand for body dryers.

Rapid growth of wellness industry coupled with rising demand for premium hygiene products is expected to drive the market growth. Steady rise in working population along with increasing disposable income is expected positively influence the demand for body dryer. Sharing towels, especially at public and commercial places increases the risk of disease transmission. This factor is expected to fuel the product demand in near future. Rising demand from disabled and elderly people is expected to create growth opportunities for the market in near future. Rising standard of living and demand for smart washroom is expected to fuel the growth further.

Asia Pacific body dryer market is anticipated to witness the fastest CAGR over the forecast period, due to a rise in demand from hotels, spas, and wellness centers in the region. Increasing number of domestic manufacturers to cater to the rising demand for body dryer systems is expected to create growth opportunities for the regional market. Factors such as rising purchasing power of consumers and preference for premium products for personal hygiene are likely to further propel the regional growth.

Rising consumer awareness regarding the advantages of using body dryer is excepted to encourage innovation and new product launches. Major market players include Avant Innovations, Dolphy India Private Limited, Full Body Dryer LLC, Haystack Dryers, Kingkraft, Orchids International, Regal Care Shower Trays Ltd., Tornado Body Dryer, LLC, Valiryo, and AKW Medi-Care Ltd. Key players engage in product development, regional expansions, and joint ventures to gain greater market share. For instance, in 2018, Valiryo started its first joint venture in Germany to open up new markets and develop marketing and sales strategies.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/body-dryer-market

Further key findings from the report suggest:

  • On floor product segment is projected to ascend at the fastest CAGR of 5.11% over the forecast period
  • Commercial application segment of the body dryer market held the leading revenue share of 86.33% in 2018
  • North America held the leading market share of 38.78% in terms of revenue and is projected to continue leading over the forecast period
  • Asia Pacific is expected to register the fastest CAGR over the forecast period, owing to increasing disposable income of the consumer in countries such as India, South Korea, China, and Japan

Air Fryer Market Size Worth $1.05 Billion By 2025

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. Introduction of innovative products with improved designs is the key factor driving the growth of this market.

Based on product type, 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 increasing demand for energy-efficient kitchen appliances. Moreover, availability of advanced products with features, such as touch screen panel, fast preheating, and temperature control knob, is expected to fuel the demand for digital air fryers.

Offline segment held leading market share in 2018. High product visibility and increasing number of retailer stores, such as Walmart, in developing countries including India and China, is 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. Rising popularity of e-commerce retailers, such as Amazon.com, is the key factor boosting the product sales through online channels.

Moreover, most of the prominent companies have their own websites, which also contributes to the segment growth. Europe was the leading region in 2018 and will retain its dominant position throughout the forecast years owing increasing health consciousness and resultant demand for air fryers. However, Asia Pacific is anticipated to expand at a fastest CAGR of 8.7% from 2019 to 2025.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/air-fryer-market

Further key findings from the study suggest:

  • Europe is anticipated to be the largest regional market owing to high product demand as a result of rising health consciousness
  • The digital product segment is anticipated to expand at the fastest CAGR of 7.1% over the forecast period due to rising demand for energy-efficient digital products
  • Offline distribution channel was the leading segment in 2018 and will expand further due to rising number of retail stores, such as Walmart, across the globe
  • However, Asia Pacific is anticipated to register the maximum CAGR of 8.7% from 2019 to 2025. High awareness and demand for these products, especially in emerging countries like India and China
  • Key companies in the air fryer market are Koninklijke Philips N.V.; Cuisinart; SharkNinja Operating LLC; DASH (StoreBound LLC); Breville, Inc.; Havells India Ltd.; TTK Prestige Ltd.; KRUPS; and NuWave, LLC

Electric Hair Clipper & Trimmer Market Size Worth $6.3 Billion By 2025

The global electric hair clipper & trimmer market size is anticipated to reach USD 6.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.5% over the forecast period. Launch of innovative products with improved design is a main factor driving demand for electric hair clipper & trimmer. For instance, in June 2019, Xiaomi MI launched a beard trimmer in India. Key features of the trimmer include stainless body, corded/cordless usage, improved battery, waterproof, and travel lock. The clipper is especially designed for the Indian market.

Growing trend of beard is expected to fuel demand for electric clipper over the forecast period. Popularity of beard is steadily increasing as it makes men look stylish and sexy and appealing to the potential partner. Sales of razor has been decreasing steadily across the developed countries mainly because people in these countries either opt for full beard look or use electric trimmer. Moreover, consumers in these countries are shifting towards environment friendly products, thus minimizing use of disposable razor. For instance, according to the U.S. Environmental Protection Agency, America produced 2 billion disposable razors and blades. According to a study, in 2018, more than 160 million consumers in U.S. used disposable razors. Such factors are expected to fuel adoption of electric hair clipper over the forecast period.

Cordless products held a leading market share in 2018. These clippers are battery operated, more handy, and accessible to carry around. Cordless clipper is the best for people who love to travel and like to carry their hair styling routine with them. Launch of innovative products, coupled with improved battery life, is a main factor expected to fuel the demand for cordless electric clipper. For instance, in March 2016, Wahl introduced beard only trimmer to support growing facial hair trend. The product is especially designed for trimming beard and is equipped with powerful lithium ion battery.

The offline channel segment held a leading share of 87.3% in 2018. Rising presence of these retailers across the world will increase the product’s visibility and thus, in turn, is expected to have a positive impact on the growth of the market. The online segment is anticipated to expand at the fastest CAGR of 4.1% from 2019 to 2025. Increasing presence of e-commerce retailers in tier II and tier III cities, coupled with introduction of same day delivery services, is expected to boost the sales of these products through online channel. For instance, as of 2019, Amazon Retail India have presence in more than 100 cities and plans to expand in 60 tier II and tier III cities by the end of 2020. Most of the prominent companies also have their own sites, which contributes to the segment growth.

Asia Pacific held a leading market share in 2018. Increasing product visibility, coupled with growing trend of beard among young men, is a main factor expected to boost the demand for the electric trimmer over the forecast period. Middle East and Africa is anticipated to expand at the fastest CAGR of 3.7% from 2019 to 2025. Increasing spending on male grooming is a main factor expected to fuel the use of electric trimmer in the region.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/electric-hair-clipper-trimmer-market

Further key findings from the report suggest:

  • Asia Pacific held a leading share of 51.3% in 2018 due to growing penetration of technologically advanced products and increasing spending on male grooming
  • Cordless products are anticipated to witness the fastest growth from 2019 to 2025 due to introduction of products with improved battery life, coupled with improved ergonomics
  • Offline channel generated a revenue of USD 4.6 billion in 2018. Online channel is expected to register the highest CAGR of 4.1% over the forecast period due to increasing penetration of e-retailers such as Amazon and Walmart in tier II and tier III cities
  • The electric hair clipper & trimmer marketis highly competitive due to presence of prominent vendors including Koninklijke Philips N.V.; Wahl; Spectrum Brands, Inc.; Procter & Gamble; Panasonic Corporation; Conair Corporation; VEGA; Sunbeam Products, Inc.; and Havells India Ltd.