Foosball Tables Market Size Worth $237.3 Million By 2025

The global foosball tables market size is anticipated to reach USD 237.3 million by 2025 registering a CAGR of 5.0%, according to a new report by Grand View Research, Inc. Rising popularity of indoor sports activities is the key growth-driving factor for the market. Increasing popularity of table soccer across emerging economies is expected to boost the market growth from 2019 to 2025.Moreover, foosball organizations across the globe, such as Shanghai Foosball Community, China Table Soccer Federation, and Federation of Table Soccer, India, actively conduct weekly tournaments at sports complexes, restaurants, and bars resulting in increasing popularity of the game.

Wood emerged as the largest material segment in 2018 and will maintain its leading position in the market throughout the forecast years. Wood is the most widely used material as it offers greater stability and sturdiness. Companies are using engineered wood as it has higher strength and is cheaper than solid wood. Furthermore, increasing concerns regarding plastic usage will drive the demand for wood-based products. Online distribution channel segment is anticipated to expand at the fastest CAGR of 7.6% over the forecast period.

Increasing usage of smartphones and exposure to digital media, especially in developing countries like India and China, are expected to increase the product sales through online channels. In addition, online retailers, such as Amazon and eBay, are focusing on making this product as main category in sport goods, which is expected to help boost the segment growth. North America was the leading regional market in 2018 and will expand further retaining its position over the forecast period. Asia Pacific is projected to be the second fastest-growing regional market from 2019 to 2025 due to rising popularity of table soccer in countries like Japan, Malaysia, Australia, India, and China.

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

Further key findings from the study suggest:

The foosball tables market in U.S. is anticipated to expand at a CAGR of 3.5% from 2019 to 2025
Japan market was valued at USD 3.9 billion in 2018 and is projected to reach USD 5.4 million by 2025
Asia Pacific is anticipated to expand at the second largest CAGR from 2019 to 2025 due to rising popularity of the game
The global market is highly competitive in nature with leading companies focusing on expanding their presence in potential markets like Asia Pacific and Middle East
Some of the key companies in the global market are Shelti, Inc.; Bonzini USA; Carrom Company; RENÉ PIERRE; The Beck Companies; and Garlando Sports & Leisure

Digital Camcorders Market Size Worth $3.6 Billion By 2025

The global digital camcorders market size is expected to reach USD 3.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.4% over the forecast period. Rising interest of the common mass in capturing important moments of their life is driving the market. It is also supported by easy advanced mechanism of these devices, which makes it easy for a common man to handle, record, charge, and store the recordings. Manufacturers have been supporting the trend by innovating the product to simplify its mechanism and improve its video quality.

Shifting trend towards innovating the standby capacity of the battery, the resolution of the video, and the storage capacity of the device has changed the industry scenario completely. Fine HD and UHD quality videos can be recorded using small and easily portable devices. These factors have promoted their use in recording grand celebrations like wedding ceremonies, birthdays as well as regular day to day incidents, such as the first-time babies walk or talk or ride bicycles. It has become an important element for tourism and camping. People prefer saving moments from these and taking them back as memorabilia.

In September 2018, Canon launched XF705 a professional-use camcorder. It records footages of 4K (3840 x 2160) resolution. It is said to be suitable for video production and broadcast. It can store videos in SD card and capture high quality video. It comes along with a L (Luxury) Series 15x optical zoom lens, which optimizes 4k imaging. It is powered by the Dual DIGIC DV 6 image-processing platform. The videos can be recorded in two formats, which are HDR and Perceptual Quantization (PQ).

HDR format is suitable for live video transmission and broadcasting. Whereas, PQ is ideal for web transmission and film production. Its 1.0-inch CMOS sensor helps in precising autofocus. The touchscreen features help in providing the ability of autofocusing. Similarly, in May 2019, Panasonic launched its 6K Lumix S1H cine camera. These products comprise 6K camera that has the ability to capture videos with 50% higher horizontal resolution.

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https://www.grandviewresearch.com/industry-analysis/digital-camcorders-market

Further key findings from the report suggest:

By resolution, full HD (1920 x 1080) 1080p accounted for more than 55.0% share of the global digital camcorders market revenue in 2018
The online segment is expected to expand at the fastest CAGR of 10.8% from 2019 to 2025
The offline segment generated a revenue of USD 1.0 billion in 2018.

Steel Pipes & Tubes Market Worth $258.9 Billion By 2025

The global steel pipes & tubes market size is anticipated to reach USD 258.9 billion by 2025, accelerating at a CAGR of 9.0% over the forecast period, according to a new report by Grand View Research, Inc. The market growth is majorly driven by the rising demand for pipelines & tubes, especially from the oil & gas sector.

The production of natural gas increased by 3.6% from 2016 to 2017, as per the International Energy Agency. Increasing demand for crude oil & natural gas is likely to boost the need for pipes & tubes in oil & gas industry as they are used for transportation over long distances. The properties of steel pipes such as high strength, toughness, and impact resistance make them useful in the safe transportation of oil & gas. This is likely to augment the market growth over the coming years.

Growing industrialization is likely to increase the utilization of steel pipes & tubes owing to rising demand from automotive, power generation, and petrochemical industries across the globe. For instance, the global production of vehicles increased by 6.7% from 2014 to 2018, as per the OICA. Rising demand for vehicles is attributable to the rise in production capacity of automotive sector, which, in turn, drives the need for steel pipes & tubes over the coming years.

In recent years, plastic pipes & tubes have been replacing steel pipes & tubes in low-pressure applications owing to their low cost. Plastic pipes are characterized by corrosion resistance, their lightweight, and are commonly used in moderate temperature and pressure applications. This is likely to challenge the market growth over the coming years.

The market is competitive in nature owing to the presence of key players such as Tata Steel, Nippon Steel Corporation, Steel Authority of India Limited, and United States Steel. Key players are adopting strategies such as capacity expansions, mergers & acquisitions, and binding contracts with end users to strengthen their position in the market for steel pipes & tubes. For instance, in January 2019, Tenaris S.A. acquired 47.8% of shares of Saudi Steel Pipe (SSP). The latter is a manufacturer of welded steel pipes in Saudi Arabia. The acquisition helped Tenaris S.A. expand its presence in Saudi Arabia.

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https://www.grandviewresearch.com/industry-analysis/steel-pipes-tubes-market

Further key findings from the report suggest:

Seamless technology segment is anticipated to register a CAGR of 9.2%, in terms of revenue, over the forecast period, owing to growing demand from boilers in various end-use industries
Oil & gas segment was the largest segment in 2018 and is projected to grow at a CAGR of 7.1%, in terms of volume, due to the increasing demand for pipes & tubes for their use in the construction of new oil & gas projects across the globe
The Middle East & Africa is anticipated to be the fastest-growing segment accelerating at a CAGR of 10.8%, in terms of volume, owing to the increasing energy consumption and growing oil & gas industry
North America was the second-largest regional market and accounted for a revenue share of 24.2% in 2018 owing to the increasing demand for steel pipes & tubes from oil & gas industry.

Canopy Market Size Worth $2.1 Billion By 2025

The global canopy market size is expected to reach USD 2.1 billion by 2025, accelerating at a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. Provision for expanded outdoor space for seating and recreational purposes owing to the installation of canopies in nearby residential and non-residential buildings is expected to drive the product demand over the forecast period.

Increasing penetration of the product in commercial and residential sectors is anticipated to complement the growth of the market over the forecast period. This can be attributed to the rising installation of canopies in residential areas and above various commercial buildings for protection from heat, wind, and precipitation. PTFE canopies are widely used on account of their superior weather-resistant characteristics, thermal stability, and high durability.

Canopies are also preferred owing to the aesthetic appeal they impart to a space. Rapid growth of the residential sector in North American economies with rising trend of beautification of expanded living spaces with canopies are likely to propel the market growth. Furthermore, increasing popularity of inside-outside living and the availability of a wide range of product designs suitable for residential buildings are likely to augment the demand for the product.

Major players in the industry offer a wide range of products along with most suitable designs and innovative technology, which aid market players in gaining an edge over their competitors. Most of the players compete on the basis of providing customized designed to suit the exact requirements of end users. A variety of materials including PTFE, ETFE, PVC, glass, wood, and various metals can be used to design a product that is a perfect fit for the area of installation.

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https://www.grandviewresearch.com/industry-analysis/canopy-market

Further key findings from the report suggest

PTFE material segment accounted for 42.0% of the global revenue share in 2018
Non-residential segment is projected to grow at a CAGR of 3.9%, in terms of revenue, from 2019 to 2025, owing to extended space along with architectural aesthetics offered by the installation of the products
The canopy market in North America is estimated to witness a growth rate of 4.2%, in terms of revenue, from 2019 to 2025 due to increased adoption of canopy as shades in the residential sector for protection and enhanced aesthetics
China accounted for over 33.1% of the Asia Pacific market revenue share in 2018 owing to increasing penetration of the product

Athleisure Market Size Worth $517.5 Billion By 2025

The global athleisure market size is expected to reach USD 517.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.1% over the forest period. Increasing adoption of fashionable active wear in corporate houses and work places is expected to be a key driver. In addition, extensive brand campaigns by apparel manufacturers through the inclusion of various media and sports celebrities have changed the perception of active wear as a fashionable wear among millennial and young customers across the globe.

Premium athleisure was the largest product segment with a market share of more than 65.0% in 2018. Major manufacturers including Adidas AG;Lululemon Athletica, Inc.; Nike, Inc.; PUMA SE; and Under Armour, Inc. are collaborating with the celebrities and launching new products in order to gain maximum customers.

For instance, in March 2016, Julianne Hough signed an agreement with MPG Sport USA for promoting athleisure collection. The company collaborated with the actress for influencing the customers with a fitness freak actress. These initiatives are expected to increase the product’s visibility among buyers over the next few years.

Asia Pacific is expected to be the fastest growing region at a CAGR of 8.8% from 2019 to 2025. Over the past few years, the industry participants have adopted marketing strategies including innovative product launches, celebrity endorsements, increasing exclusive stores, and focus on e-commerce in order to cater to the increasing demand for technological advanced products in the developing countries including China and India.

For instance, in April 2018, Adidas AG announced to close their brand stores and focus on the development of e-commerce. The company has already closed around 220 stores across the globe in 2017 and is aiming to increase the revenue generated from e-commerce. These trends are expected to boost the market growth over the forecast period.

Key players include Lululemon Athletica, Inc.; Adidas AG; Nike, Inc.; PUMA SE; Under Armour, Inc.; AJIO Company; H&M; HUMAN PERFORMANCE ENGINEERING; EYSOM, LLC; and Esprit Retail B.V. & Co. KG. Product innovation is expected to remain a critical success factor among the manufacturing firms over the next few years.

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

Further key findings from the report suggest:

Asia Pacific for athleisure market is expected to register the fastest CAGR of 8.8% from 2019 to 2025
North America was the largest market, with a share of more than 30.0% in 2018
Premium athleisure was the largest product segment, with a share of more than 65.0% in 2018
Online is expected to be the fastest growing segment at a CAGR of 8.5% from 2019 to 2025.

Luxury Watch Market Size Worth $9.3 Billion By 2025

The global luxury watch market size is expected to reach USD 9.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Increasing consumer preference to purchase luxury watches as a style statement is expected to have a strong impact on the market growth. Furthermore, increasing importance of e-commerce portals including Amazon and Flipkart as a selling medium for providing access to limited addition watches is projected to expand the industry size over the next few years.

Increasing number of aristocratic women in Western European countries including Germany, France, and U.K. who wear intricate watches on the wrist is expected to remain a prominent trend. Furthermore, new product launches in Unisex collection by companies including Rolex, Cartier, and Tag Heuer are projected to expand the buyer reach over the next few years.

Mechanical products accounted for the largest share of more than 75.0% in 2018. Excellent durability due to presence of Titanium ceramic coatings and PVD coatings in mechanical watches is expected to maintain its lead in the near future. Key industry players that offer mechanical products include Rolex SA; A. Lange & Söhne; Apple Inc.; and The Swatch Group Ltd.

Online distribution channel is expected to be the fastest growing category as the consumers are shifting from offline to this distribution channel due to the ease of product comparison and doorstep delivery services provided by the e-commerce portals. Some of the key online retailers are Amazon, FlipKart, and Aliexpress.

Asia Pacific is expected to be the largest regional luxury watch market over the next few years. Expansion of middle class income groups in emerging economies including China, India, and Vietnam on account of urbanization and increasing number of commercial set-ups is expected to promote the use of luxury watches over the forecast period.

Some of the key players are Rolex SA; A. Lange & Söhne; Apple Inc.; The Swatch Group Ltd.; FOSSIL GROUP, INC.; CITIZEN; Seiko Watch Corporation; CASIO; and Audemars Piguet. Companies are adopting new product development strategies to get a competitive advantage in the market. For instance, in 2019, Rolex SA launched six new models such as YACHT Master 42, Sea-Dweller, Gmt Master Ii, Day Date 60, Date Just 36, and Date Just 31.

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

Further key findings from the report suggest:

Mechanical products led the market with a share of more than 75.0% in 2018
Offline distribution channel accounted for a share of more than 85.0% in 2018
Asia Pacific dominated the global luxury watch market in 2018 and is expected toexpand at the fastest CAGR of 4.7% over the forecast period.

Men’s Underwear Market Worth $42.22 Billion By 2025

The global men’s underwear market size is expected to reach USD 42.22 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.3% during the forecast period. Increasing awareness about health, best fit and personal hygiene, and rise in millennial population, are expected to drive the growth. Increasing availability of a wide range of products in multiple designs suitable for various purposes such as sports, regular wear, and functional wear among others is projected to further fuel the demand.

Improving fashion trends, increasing disposable income, and changing consumer lifestyle and preferences are expected to boost the market growth. Increasing concerns regarding the fabric used for manufacturing underwear is one of the major factor driving the market. Availability of a wide variety of fabrics such as cotton, polyester, nylon, rayon, silk, and cotton blends further drive the product demand. Underwear manufactures are focusing on intimate product designs and patterns such as thongs, C-string, tanga, and jockstraps among others, which is projected to further fuel the product demand.Millennials are more receptive to new and different products. Demand for new and innovative products in terms of color, fabric, print, and style among others is high among millennials, which in turn is creating opportunity for the manufactures in the market.

Companies focus on R&D to make the products suitable for all shapes and sizes. Innovation in advance tailoring along with new fabric modal, viscose or merino wool, helps in reducing moisture and regulate temperature is driving the competitiveness in the market. For Instance, Saxx offer 3D hammock shaped pouch that prevent skin-against-skin friction with the help of mesh panels which features no exposed stitching for chafe free comfort. Also, Under Three-D fit range they have created a 3D shaping around glutes, thighs, quads and hamstrings by using nine panels of fabric to make consumers fit, feel and functional.

By type, the men’s underwear market is segmented into briefs, boxer brief, trunks, boxers, and others. Boxer brief is estimated to hold the largest market share of approximately 33.0% owing to the factors such as sleek fit, better support, and comfort offered by the product. Boxer brief are designed to imitate tapered boxers with a snug fit and they remain comfortable like briefs. They are available with numerous pouch options, for instance the contour pouch by Calvin Kelvin.

Trunks is estimated to register the fastest CAGR of 5.7% from 2019 to 2025. Trunks are gaining popularity among millennials and Generation X as they are more versatile and suitable for everyday wear including dressing up occasions and for sportswear. Trunks are lean short than boxer brief which allow the legs and thighs to look muscular and slimmer, which drives their popularity among younger generation.

By Fabric, the market is segmented into cotton, polyester, modal, nylon, and others. Cotton fabric underwear held the largest market share of approximately 68.0% in 2018, attributed to the properties of the cotton that makes underwear soft, lightweight, and more breathable. Consumers prefer cotton fabric underwear over others for the comfort, high absorbency, and moisture resistance of the fabric. Modal fabric underwear is projected to register the fastest CAGR of 5.6% over the forecasted period. It is a type of rayon and the second generation regenerated cellulosic fiber which is around 50% more absorbent than cotton. It is the softest fabric in men’s underwear segment. Shrink resistance, high wet strength, and absorbent properties of the fabric make it more durable and able to sustain multiple washes and suitable for tumble dry.

Asia Pacific is the largest and fastest growing market for men’s underwear. It is projected to expand at the fastest CAGR of 5.9% over the forecasted period. High demand for underwear owing to high male population in the region can be accredited to the growth. China and India accounted for male population of 714 million and 694 million respectively in 2017. Both these countries together account for more than 70.0% of the regional market.

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

Further key findings from the report suggest:

Boxer brief type segment held the largest market share of approximately 33.0%% in 2018 and is expected to reach USD 14.23 billion by 2025
Cotton fabric held the largest market share of more than 68.0% in 2018, driven by the properties of cotton that make the underwear soft, lightweight, more breathable,highly absorbent, and moisture resistant
Key players in the men’s underwear market are Phillips-Van Heusen Corporation; Hanesbrands Inc.; Jockey International Inc.; American Eagle Outfitters Inc. and Ralph Lauren Corporation

Pet Shampoo Market Size Worth $757.7 Million By 2025

The global pet shampoo market size is expected to reach USD 757.7 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.4% during the forecast period. Increasing rate of pet adoption among millennials is expected to remain a key growth driver. In addition, rising awareness about animal health and hygiene among the pet owners is expected to fuel the product demand.

Dog products segment held the leading market share exceeding 30% in 2018. The dog adoption rate has been increasing in countries, including U.S., Argentina, Mexico, Brazil, U.K, Russia, China, Japan, Philippines, and India. This trend is anticipated to boost the demand for dog shampoos in the upcoming years.

The commercial application segment held the largest market share of over 60% in 2018. Growing number of pet stores on a global level has been driving the application in the commercial sector. Furthermore, the bulk requirements from the growing animal boarding and grooming services has been impacting the market positively.

The online distribution channel is expected to witness the fastest growth in near future. The prominent e-commerce players in the pet shampoo market include Amazon; PetSmart Inc.; BarkBox; Petco Animal Supplies, Inc.; PetFlow; Bulk Reef Supply; TABcom LLC; and PetMed Express, Inc.

Asia Pacific is anticipated to register the fastest CAGR of 13.8% from 2019 to 2025. China, Australia, India, South Korea, and Philippines are the major economies in the region. Rapid pace of urbanization along with the increasing purchasing power of consumers is expected to boost the regional market growth in near future.

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

Further key findings from the report suggest:

Household application is expected register the fastest CAGR of 6.7% from 2019 to 2025
Commercial segment held the largest market share of more than 50% in terms of revenue in 2018
Offline distribution channel held the leading market share of around 90% in 2018
Online distribution channel is expected expand at the fastest CAGR of more than 10% during the forecast period
The key competitors in the market include Groomer’s Choice; SynergyLabs; Vet’s Best; Himalaya Herbal Healthcare; Petco Animal Supplies, Inc.; Logic Product Group LLC; Wahl Clipper Corporation; 4-Legger; Earthwhile Endeavors, Inc.; and World For Pets

Carotenoids Market Size Worth $1.74 Billion By 2025

The global carotenoids market size is expected to reach USD 1.74 billion by 2025, according to a new report by Grand View Research, Inc. According to the Huffington post, there is a rise observed in the health consciousness among people, especially among the younger generation. These survey results exclaim the increase in demand for healthier food supplements and nutrients. Many reasons including the one above, has been effective in boosting the demand for carotenoid products as well.

An Arabian Proverb says, “He who has health has hope, He who has hope has everything”. When it comes to prioritizing health with other things, health should inevitably take the topmost priority. A solid reason was highlighted by someone smart and wise generations ago, that states, Health is the real Wealth. And talking about health, everything boils down to what one consumes and supplements the body with. One should supplement the body with right amount of nutrients along with the vital minerals to keep themselves totally fit, fine and fiery. One such essential nutrient is Carotenoids, with multiple health benefits such as anti-ageing properties, increase in cancer fighting capability among others.

2 Cents On Carotenoids

Red, orange, yellow and all the bright colored fruits, are thankful to the carotenoids for their pigmentation. Carotenoids are a group of fat-soluble phytonutrients, loaded with antioxidants, are essential in protecting us from oxidative stress. Apart from this, they also supplement our health in more ways than one. To sum it up, carrots, tomatoes, dark green leafy vegetables et cetera wouldn’t be as colorful or nutritious as they are now, without carotenoids. However, as these are not readily produced inside human body, we source it from fruits, vegetables and carotenoid supplements. Carotenoids are commercially available in various product types including beta-carotene, lutein, lycopene, astaxanthin, zeaxanthin, annatto, capsanthin, and canthaxanthin. Let’s delve deeper into the benefits arising from the carotenoids.

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https://www.grandviewresearch.com/industry-analysis/carotenoids-market

Further key findings from the report suggest

The growing population and increasing health awareness coupled with rising occurrence of diseases such as cancer and diabetes are expected to drive the demand.
The usage of product for coloring salmons, lobsters, shrimps, prawns, and trout will aid in the market development over the upcoming years.
The increasing usage of beta-carotene in dietary supplements and antioxidants is expected to drive demand over the forecast period.
Rising pharmaceutical sector in India on account of rising healthcare expenditure and investment by foreign players including Novartis and Bayer
Rising consumer preference for natural products has led to increase in the natural extraction of carotenoids from sources such as plants leaves, vegetables, flowers, fruits, crustacean shells, bird feathers, and fish meat. It has also given boost to natural antioxidants consumption.
Developing organic cosmetic and personal care industry is anticipated to fuel the demand over the forecast period.
The industry is dominated by key participants including BASF SE, Allied Biotech, Kemin Industries, Brenntag, ExcelVite Sdn. Bhd., Cyanotech Corp., Chr. Hansen, D. D. Williamson, DSM Nutritional Products, Divis Laboratories, Naturex SA, and Lycored
Strong growth of pharmaceutical and cosmetic industry in emerging countries such as China, India, and South Korea will create growth opportunities for the market in the future.
Significantly on account of increasing demand for human nutrition and skin care cosmetics in emerging countries such as China, India, South Korea, Brazil, Singapore, and Thailand

Automotive Stainless Steel Tube Market Worth $4.72 Million By 2024

The global automotive stainless steel tube market size is projected to reach USD 4.72 million by 2024, according to a new report by Grand View Research, Inc. Growing automotive industry is projected to be the biggest driver of this market over the forecast period.

The market is segmented on the basis of product into welded and seamless. Advantages such as high strength, resistance to shocks due to collisions and high energy absorption capacity have increased the popularity of stainless steel tube in automotive applications.

Welded stainless steel tube was widely used in the automotive industry in 2015. These are readily available in the market and are less expensive than the seamless tube, making them popular among automobile manufacturers. Asia Pacific is projected to be the fastest-growing region over the forecast period.

In the automotive sector, where steel tubes are exposed to extreme temperatures and pressures, seamless products play an important role courtesy their high corrosion and heat resistant properties. These find applications in important automobile components such as fuel supply systems and gearboxes.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/automotive-stainless-steel-tube-market

Further key findings from the report suggest

Welded stainless steel tube is projected to witness an increase in demand due to their low price and high reliability and are expected to grow at a CAGR of 3.6% from 2016 to 2024
The automotive stainless steel tube market was dominated by Asia Pacific in 2015 and is projected to witness the highest CAGR of 4.4% from 2016 to 2024 owing to presence of major automobile manufacturers such as Honda, Hyundai, Tata Motors, and Toyota Motors in the region
Europe accounted for a revenue share of over 20% in 2015 and is expected to witness considerable growth on account of growing vehicle demand in Germany, Italy, and UK