Laptop Backpack Market Size Worth $1.3 Billion By 2025

The global laptop backpack market size is expected to reach USD 1.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.8% over the forecast period. Rising consumer needs for technical gadgets in the workplace as well as educational institutes have created demand for backpack to provide protection from scratches, water damage, moisture, and heat. Manufacturers are increasing spending on new product developments to fulfill consumer growing demand. For instance, in July 2016, Samsonite IP Holdings S.AR.L launched protective laptop backpacks for professionals and school students.

The student application segment is expected to witness the fastest growth in the forecast period. Smart laptop backpacks in new color designs is gaining popularity among students as a result of new product launches by manufacturing companies in e-commerce portals. For instance, in August 2018, India based company, Portronics.com launched smart laptop backpack under their existing Elements series. Furthermore, increased use of laptops among students in developed economies including U.K. and Germany is expected to have a positive impact on the Laptop Backpack market growth.

Online distribution channel is expected to be the fastest growing channel, expanding at a CAGR of 4.7% from 2019 to 2025. These channels have gained popularity as they offer products on high discounts, which attract consumers to prefer this channel. Growing penetration of smartphones in developing countries including China, India, Mexico, Brazil and South Korea is expected to promote the access of online retailers in the near future.

Asia Pacific held the largest share in 2018 and is expected to register the fastest CAGR of 4.5% from 2019 to 2025. Expansion of the middle class population in developing countries such as China and India, coupled with requirement of technical gadgets at schools, colleges, and workplaces, is expected to remain a key factor driving the market. Furthermore, positive outlook towards the laptop and tablets industry in countries including China, India, and Australia as a result of increasing number of corporate companies and educational institutes is expected to open new avenues over the next few years.

Key laptop bag manufacturers include Nike, Inc.; Kensington Computer Products Group; Samsonite International S.A.; WINPARD; The Targus Corporation; Adidas AG; Belkin International, Inc.; Li-Ning Co., Ltd.; Samsonite International S.A.; and Tumi Holdings, Inc. Companies are working on developing new products, which will provide better convenience to the consumers.

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

Further key findings from the report suggest:

  • The business application segment generated a revenue of USD 531.2 million in 2018 owing to predominant use of laptops among working class professionals
  • Online channel is projected to ascend at a CAGR of 4.7% from 2019 to 2025
  • Asia Pacific is expected to expand at the fastest CAGR of 4.5% from 2019 to 2025
  • U.S. is projected to generate a revenue of exceeding USD 240 million by the end of 2025
  • New product development is expected to remain a key strategy among the industry participants.

Squash Rackets Market Worth $237.2 Million By 2025

The global squash rackets market size is expected to reach USD 237.2 million by 2025 registering a CAGR of 3.6%, according to a new report by Grand View Research, Inc. Significant increase in the number of squash sports tournaments across the globe is the key factor for the market growth. Moreover, increasing popularity of squash sports plays a key role in increasing the product demand.

Carbon fiber raw material segment is expected to lead the global market over the next few years. Products made of these materials have been gaining traction among amateur and professional players due to lower weight and higher strength and durability. North America was the largest regional market in 2018 and accounted for more than 30% of the overall share. The region will retain its dominant position throughout the forecast years.

Key companies in the squash rackets market include Head N.V., Dunlop Sport, Tecnifibre, Wilson Sporting Goods, Prince Global Sports, Babolat, Ektelon LLC., Amer Sports, ONE SPORTS s.r.l., and Harrow Sports. Major manufacturers focus on new product development to expand their market reach. For instance, in March 2019, Tecnifibre launched a new squash racket with improved design and physical properties under the brand name ‘Tecnifibre Dynergy APX 120’. This racket has arch technology with grommets and 14*17 string patterns for increased powers.

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

Further key findings from the study suggest:

  • North America was the largest market 2018 and will expand further at a steady CAGR over the forecast period
  • Europe is expected to be the fastest-growing regional market at a CAGR of 4.0% from 2019 to 2025 owing to the increasing popularity of the sport
  • Carbon fiber was the largest raw material segment in 2018. The segment is projected to expand further at the fastest CAGR from 2019 to 2025
  • Brick & mortar was the largest distribution channel segment in 2018. However, online segment will register the maximum growth rate during the forecast years

Coffee Beans Market Size Worth $42.5 Billion By 2025

The global coffee beans market size is expected to reach USD 42.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.7% over the forecast period. Increasing consumption of coffee across various regions and health benefits related to the beverage are the major factors for the growth of market. Moreover, increase in the number of coffee retail shops and cafes in India and China, coupled with rise in consumption of this beverage among different age groups, especially young generation, has driven the demand for these beans.

Cup of coffee with roasted beans on table

Arabica dominated the market in 2018 and is expected to maintain its lead in the forecast period. Arabic is the mostly consumed owing to its sweet taste and high presence of lipids. Robusta beans is expected to be the fastest growing segment due to growing demand from the pharmaceutical industry owing to high caffeine content. Many manufacturers are focusing on improving their product to produce better quality of coffee.

For instance, in 2019, Lavazza launched a new cold coffee brew, which is made up of robusta bean. Furthermore, Roadchef, a motor service company, had tied up with bio-bean to use the recycle waste coffee beans into fuel, which is expected to have a positive effect on the market growth over the forecast period.

North America was the largest regional market in 2018 due to growing demand for coffee vending machines at railway stations and other places. Furthermore, increasing popularity of this beverage among the working population is anticipated to make a reasonable contribution to the market revenue. Furthermore, increase in the number of coffee shops in Canada and U.S. has led to a rise in consumption of robusta and arabica beans in recent years.

MEA is estimated to expand at the fastest CAGR of 9.9% over the forecast period owing to increasing consumption of coffee. Moreover, penetration of various pharmaceutical companies such as Novartis and Allergan is expected to fuel demand for robusta and arabica beans over the forecast period. Asia Pacific is expected to witness substantial growth over the forecast period. Increasing number of franchise outlets, coupled with rise in demand from the pharmaceutical and cosmetic industries, is driving the market in the region.

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

Further key findings from the study suggest:

  • By product, arabica dominated the global market with an overall revenue share of 61.2% in 2018. Robusta is anticipated to ascend at a CAGR of 7.4% over the forecast period
  • The food and beverages application segment held the largest share of more than 70.0% in 2018 owing to increasing number of coffee retail outlets in developing countries such as India and China
  • North America dominated the global market in 2018, accounting for 29.2% share of the overall revenue. This trend is projected to continue over the next few years
  • Middle East and Africa is anticipated to be the fastest growing market with a CAGR of 9.9% during the forecast period
  • Key players include Death Wish Coffee; Kicking Horse Whole Beans; Caribou Coffee; La Colombe Corsica Blend; Illycaff S.p.A.; Luigi Lavazza S.P.A.; Coffee Beans International, Inc.; La Colombe Torrefaction, INC.; and Hawaiian Isles Kona Coffee Company, Ltd.

Hydration Belt Market Size Worth $52.3 Million By 2025

The global hydration belt market size is expected to reach USD 52.3 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.0% over the forecast period. Growing demand for these products as a source for ensuring continuous intake of hydrating agents among sportsmen is expected to remain a key trend in the market.

In addition, growing awareness regarding fitness through physical activities and exercise among the common mass is propelling the market growth. Coaches and trainers recommend remaining hydrated as the most important part of physical activity. Lack of hydration can negatively impact the cardiovascular system, muscle function, and body temperature. It is expected that one should consume 3 to 8 fluid ounce every 15 to 20 minutes.

It has been observed that millennials across the globe have been increasing spending on maintaining body fitness as a result of increased number of health awareness campaigns by fitness bloggers and gym trainers on social media. For instance, Classpass, a health club, said that 82% people are exhibiting an increasing interest in treadmills. Leveraging the same trend, fitness clubs have started organizing wellness festivals to enhance the number of people interested in regular physical activities. As a result, the consumers will prefer the use of hydration belts in order to keep oneself hydrated.

Key players include Nathan Sports, FITLETIC, URPOWER, Adalid Gear, Salomon S.A.S., CamelBak, Ultimate Direction, FFITTECH, Osprey Packs, Inc., Implus LLC, and Amphipod Inc. Manufacturers have been leveraging these trends by introducing new products to cater to the demand of consumers.

For instance, in July 2018, USWE Sports launched Zulo 2, a cycling hydration waist pack. The small bag has ample space for large bladders of about 1.2 liter. In addition, it is very lightweight and the material of the bag reflects heat in order to keep the content of the bladder cold. The bag weighs around 215 gram and is square in shape. Furthermore, it is connected to hose with a magnetic clip, which makes drinking convenient for the carrier.

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

Further key findings from the report suggest:

  • By product, without bottle products accounted for 70.4% share of the global revenue in 2018
  • By form, soft flasks is expected to expand at the fastest CAGR of 11.1% from 2019 to 2025. These products are lightweight in nature, which provides convenience to the consumers
  • On the basis of protective medium, insulating products are expected to expand at the fastest CAGR of 11.4% on account of their increasing popularity in high altitude mountaineering activity
  • Based on capacity, single bottle products accounted for more than 45.0% share of the global revenue in 2018
  • Online channel is expected to expand at the fastest CAGR of 11.5% from 2019 to 2025.

Flaxseeds Market Size Worth $980.3 Million By 2025

The global flaxseeds market size is expected to reach USD 980.3 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.7% over the forecast period. Various nutritional properties associated with flaxseeds including omega 3, omega 6, fiber, vitamins, minerals, and other essential fatty acids are expected drive the market over the forecast period. In addition, these seeds are beneficial for reducing the cholesterol level and blood sugar in the body. It also helps to prevent various chronic diseases including cardiovascular diseases. These factors are increasing the demand for the product among consumers.

Linseed or Flaxseeds Boost Nutrients an Australian brand of nutritional food powders and Seeds

Ground seed dominated the market in 2018 and is expected to be the fastest growing segment from 2019 to 2025. They are primarily used for the oil extraction. The oil has applications in various industries including pharmaceutical, personal care, and food industries. Flaxseed oil is beneficial to heal skin disorders including itchy patches of psoriasis, sunburned skin patches, and eczema.

Due to these advantages, adoption of oil is increasing among customers and is anticipated to foresee significant growth in the next few years. According to a survey, the flaxseed oils help to reduce the risk of cancer and cardiovascular diseases. This oil is produced by cold pressing method and is helpful and safe for both humans and animals. For instance, in 2017, ADM launched a new product called Onavita flaxseed oil, which contains omega 3 and helps to prevent different skin diseases.

Asia Pacific emerged as the largest regional market in 2018. It is anticipated to witness the fastest growth in the forecast period owing to increasing awareness regarding health benefits associated with the product. Furthermore, over the past few years, increasing application in the bakery and confectionary industry for the preparation of nutritious food products has supported the flaxseeds market growth. In addition, various Asian countries including Kazakhstan, China, and India are the largest producers of flaxseed.

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

Further key findings from the report suggest:

  • By product, ground seeddominated the global flaxseeds market with an overall revenue share of 63.5% in 2018
  • The food application segment was valued at USD 204.5 million in 2018 and is projected to exhibit high growth over the forecast period
  • Asia Pacific dominated the global in 2018, accounting for 37.1% share of the total revenue. This trend is projected to continue over the forecast period. China is the largest consumer due to its growing economy and large population
  • Key market players include TA Foods Ltd.; Richardson International Ltd.; S.S Johnson Seeds; AgMotion Speciality Grains; CanMAr Grain Products Ltd.; Archer Daniels Midland; Cargill Inc.; Simosis International; Stokke Seeds; and Sunnyville Farms Ltd. Company
  • Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

Processed Mango Products Market Size Worth $25.55 Billion By 2025

The global processed mango products market size is expected to reach USD 25.55 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 6.4% during the forecast period. Increasing demand for fruit-based food and beverages is anticipated to the primary growth driver.

Secondary processed mango products occupied the largest market share in 2018 owing to increasing demand for the juices. Mango is one of the most consumed and cultivated fruits in India. To leverage the consumer preference for mango flavor and increase product offering, Coco-Cola launched a new mango-flavored premium juice – Maaza Gold in December 2017. Similar product launches in different regions are expected to drive the demand.

Primary processed product segment, on the other hand, is anticipated to witness significant growth owing to increasing export and consumption of mango pulp. The pulp and concentrates are used to make carbonated beverages, juices, confectioneries, jams, and marmalades among others. Increasing application of the pulp in various food and beverages is expected to further propel the segment growth.

Online distribution channel segment is anticipated to register the fastest CAGR over the forecast period, due to growth of e-commerce and digital marketing. Introduction of online grocery websites like Walmart, Costco, and BigBasket among others is expected to drive the overall food and beverage market via online distribution. This is expected to positively influence online sales of processed mango products over the forecast period. Key manufacturers are launching their own websites and are investing in efficient logistics and customer services to increase online sales and to improve their market reach.

Asia Pacific held the largest market share in 2018 due to the presence of the major players as well as concentration of global production of the fruit in countries like India and China. Moreover, the regional production is expected to increase due to rising demand from the countries like Japan. North America, on the other hand, is expected to register the fastest CAGR during the forecast period, attributed to high demand for mango flavored food and beverages coupled with rise in demand for organic mangoes. U.S. is one of the major importers of mangoes and mango-based products.

In March 2019, Amul entered the fruit juice market by launching ‘Amul Tru’ in mango, orange, apple, and lychee variants. This packaged fruit drink is Amul’s strategy to compete with Frooti, Mazaa and other drinks in the global market. In April 2018, Bisleri launched Bisleri Fonzo, a mango-based carbonated beverage to increase its product offering and serve the consumers who prefer mango-based beverages.

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

Further key findings from the study suggest:

  • Primary processed product segment is expected to ascend at a CAGR of 6.9%, attributed to the rise in demand for the pulp in confectioneries, smoothies, and beverages
  • Offline distribution channel accounted for the maximum processed mango products market share in 2018 and is anticipated to continue leading over the forecast period
  • In Middle East and Africa, countries like UAE and Saudi Arabia are expected to witness a rise in demand due to increased exports from India, Pakistan, and Kenya.
  • Mexico has opened its market to import of dried mango slices from India after conducting a thorough pest risk analysis of the product consignments. This factor is anticipated to bode well for the overall growth in near future

Dental Cement Market Size Worth $2.3 Billion By 2026

The global dental cement market size is expected to reach USD 2.3 billion by the end of 2026, according to a new report by Grand View Research, Inc., growing at CAGR of 6.3%. Increasing incidence of dental cavities & other dental diseases and introduction of new formulations are major drivers of the market.

Unhealthy eating & drinking habits, plaque formation, poor oral hygiene, fluoride deficiency, and disorders such as heartburn & dry mouth are some of the major predisposing factors. These factors have resulted in an increase in the number of dental procedures. For instance, according to an article published by PubMed, individuals who consume one sugary drink occasionally are at an increased risk of dental caries and tooth loss by nearly 44% as compared to ones who do not consume any.

Moreover, advancements in these cements and material technology have led to introduction of more durable and stronger cements, fueling growth. For instance, resin-modified ionomer cement demonstrated improved adhesion, higher tensile strength, and reduced post-cementation sensitivity when compared to conventional glass ionomer.

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

Further key findings from the report suggest:

  • Resin-based segment is anticipated to grow considerably over the forecast period, due to increasing popularity of self-adhesive resin cements that have wide range of.
  • Rising adoption of cosmetic dental procedures has resulted in increased demand for tooth colored restorations by patients, thus indirectly boosting market demand for resin cement.
  • Relatively high disposable income in developed economies is one of the major reasons for the growing demand for cosmetic dental procedures
  • Glass ionomer held a substantial market share in 2018. This can be attributed to the fluoride release and recharging abilities of this cement, aiding prevention of dental caries
  • The permanent segment is expected to lead in the coming years owing to features such as better aesthetics, excellent resistance, good compatibility with dental tissues, and insolubility in oral fluids or saliva
  • Restoration segment is anticipated to grow substantially in the future due to the growing number of ceramic restorations procedures
  • North America held a dominant share of the dental cement market due to well-established medical facilities, presence of skilled professionals, and extensive research activities
  • Some of the key players are 3M Company; Ivoclar Vivadent AG; Dentsply Sirona; Danaher Corporation; SHOFU Dental GmbH; BISCO, Inc.; and Medental International, Inc.

Personal Lubricant Market Size Worth $1.6 Billion By 2026

The global personal lubricant market size is expected to reach USD 1.6 billion by 2026, based on a new report by Grand View Research, Inc., exhibiting a CAGR of 8.1%. New product launches to meet demand for natural lubricants is expected to aid market growth over the forecast period.

Emerging players are trying to capture higher share by developing lubricants made from natural and organic ingredients. Good Clean Love, Inc., an Oregon-based company in the U.S., was the first to develop organic lubricants. In November 2016, the company received a patent for its formulation of organic lubricants.

Moreover, promotional activities from manufacturers to destigmatize societal perception of using personal lubricants has positively impacted growth. For instance, in January 2019, Reckitt Benckiser’s Durex brand launched a marketing campaign on a global platform to challenge the misconceptions of using lubricants for female sexual discomfort.

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

Further key findings from the report suggest:

  • Water-based lubricants dominated the market in 2018, owing to lower prices and as they are easy to wash off
  • Leading brands such as Durex, Sliquid, and Astroglide retail a range of water-based lubricants with variations in flavors, pack size, and packaging
  • In July 2018, Trigg Laboratories, Inc. reinvented its entire product line with new packaging and products, which had contemporary, sleek, and modern designs. It also launched a new product line—Wet Hemptation and Wet Dessert
  • The growing presence of e-commerce platforms and online retailers that offer freedom to select any product and make discrete delivery has helped overcome social taboo of buying these products
  • Manufacturers, retail pharmacies, and supermarkets have also launched websites for providing easy access to customers.
  • Geographically, North America held the largest share in 2018. The personal lubricant market is regulated by the U.S. FDA and manufacturers must comply with good manufacturing practices, and receive 510(k) medical device clearance for marketing
  • In May 2016, Trigg Laboratories received FDA approval for Wet Original Personal lubricant by meeting the provisions for labeling, good manufacturing practices and prohibitions against adulteration and misbranding
  • According to U.S. Census data and National Consumer survey, in 2018, K-Y lubricants were used by 28.58 million people, aiding it to capture significant share in the U.S.
  • Asia Pacific is expected to be the fastest growing market during the forecast period. Aging population and high incidence of vaginal dryness & erectile are anticipated to drive demand.

Ophthalmic Ultrasound Devices Market Worth $728.7 Million by 2026

The global ophthalmic ultrasound devices market size is expected to reach USD 728.7 million by 2026, according to a new report by Grand View Research, Inc., growing at a CAGR of 6.1%. Increasing burden of ophthalmic disorders, such as cataract & retinal detachments, and high demand for effective imaging tools are factors driving growth. In addition, frequent new product launches are expected to contribute toward high growth during the forecast period.

Advanced technology with integrated scanning features is expected to replace the existing conventional devices. Rising number of private as well as non-profit ophthalmic clinics and ambulatory imaging centers in developing countries is expected to play an important role in driving the global ophthalmic ultrasound systems market.

Increasing incidence of diabetes, a major factor leading to ophthalmic disorders such as cataract & proliferative diabetic retinopathy, growing awareness about cataract surgeries, and introduction of technologically advanced devices are some of factors anticipated to drive the market over the forecast period.

Growing number of strategic initiatives, such as introduction of technologically advanced and integrated devices at competitive prices, establishing of exclusive agreement with hospitals & clinics, and mergers & acquisitions also aid growth. Moreover, establishment of ophthalmology society and evolving government and non-government programs supporting eye care are expected to boost the market.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/ophthalmic-ultrasound-devices-market

Further key findings from the report suggest:

  • The A-scan segment held largest share and is expected to grow at lucrative CAGR over the forecast period owing to its increasing demand as critical imaging equipment in cataract surgery
  • Ocular ultrasounds that are portable with integrated scanning features are anticipated to witness fastest growth during the forecast period
  • Hospital segment accounted for the largest share in 2018. Large patient pool and government support in the form of funding for advancement of eye care in different geographies are expected to contribute toward growth of this segment
  • North America dominated in 2018. Growth of this region is fueled by local presence of major manufacturers and suppliers developing advance technology coupled with rising prevalence of ophthalmic disorders
  • Asia Pacific is anticipated to witness fastest growth over the forecast period due to improving healthcare infrastructure and growing economies
  • Major players in the ophthalmic ultrasound devices market are focusing on launch of advance technology with improved parameters, such as image resolutions & data storage, and building efficient software for improving user interface

Chicory Market Size Worth $294.2 Million by 2025

The global chicory market size is anticipated to reach USD 294.2 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.2% during the forecast period. Increasing awareness regarding the medicinal value of chicory is the main factor driving the growth.

The chicory root product segment accounted for more than 65% market share in 2018. Roots are a rich source of inulin and nutrients essential for brain health. Ground and roasted roots are used as an alternative to coffee. Chicory root powder is used in baked goods and other food products as an alternative to sugar and fat, as well as, as a texturizer. As a result, the market is anticipated to witness significant rise in demand over the forecast period.

Food and beverage was the largest application segment accounting for more than 45% market share in 2018. It is expected to maintain its dominance throughout the forecast period. Increasing demand for chicory coffee in Thailand, Japan, Netherlands, Germany, France, and U.S. is driving the growth. In addition, increasing use of the product as an alternative to sugar and fat in various food and beverages is expected to create growth opportunities in the forthcoming years.

Europe is anticipated to continue leading the global chicory market over the forecast period. Rising consumption owing to various health benefits of the product is driving the regional growth. Belgium is the largest producer of chicory in the world. Germany, France, and Netherlands are expected to witness significant growth owing to rising consumption of chicory coffee. North America is expected to witness the fastest CAGR of 5.2% from 2019 to 2025 owing to increasing cultivation and consumption of chicory as an alternative to coffee. Growing popularity of chicory as a natural appetizer is anticipated to further fuel the regional growth.

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

Further key findings from the study suggest:

  • Chicory root is expected to witness a CAGR of 4.5% over the forecast period, owing to increasing awareness regarding the health benefit of the roots
  • U.S. is one of the largest consumers of the product and accounted for more than 85% share of the North America chicory market in 2018
  • India, Thailand, China, Japan, and Australia are the key markets for chicory in the Asia Pacific region
  • Belgium, France, and Netherlands held more than 60% share of the Europe market for chicory in 2018