Form-Fill-Seal Machines Market Size Worth $11.7 Billion By 2025

The global form-fill-seal machines market size is projected to be valued at USD 11.7 billion by 2025, exhibiting a CAGR of 7.3% over the forecast period, according to a new report by Grand View Research, Inc. Ascending demand for ready-to-eat meals & convenience food along with single-serve packs and smaller portions is contributing to the growth of the market. Moreover, increasing demand for automation from several end-use industries including food, beverages, and pharmaceutical among others is further likely to augment the demand for form-fill-seal machines over the forecast period.

Rising demand for a wide range of products coupled with demand for customizations has, in turn, led to an increase in the number of products available in the market. In order to cater to the enormous demand from customers, manufacturers of consumer packaged goods (CPG) are seeking packaging machines that offer versatility, speed, and easy packaging format changeovers. Form-fill-seal machines meet these requirements as they are sophisticated packaging machines that offer speed and flexibility and can adapt to different packaging format changeovers.

In terms of technology, the market has been segmented into vertical form-fill-seal and horizontal form-fill-seal. Vertical FFS technology segment is likely to ascend at the highest CAGR over the forecast period. Small footprint, speed, and low operating cost are some of the benefits contributing to the widespread use of these machines in the market. Horizontal form-fill-seal technology segment accounted for a revenue share of 44.9% in 2018. Horizontal type machines or flow wrappers are used in applications where product stacking and orientation are important.

Bags & pouches packaging type segment accounted for a revenue share of 31.0% in 2018 in the form-fill-Seal machine market. Form-fill-seal machines are capable of producing a wide range of bag formats such as pillow bags, gusseted bags, doy bags, and block bottom bags. Cups & trays emerged as the second-largest packaging type segment in 2018 and is anticipated to progress at a CAGR of 7.7% over the forecast period. Bottles packaging type segment is projected to witness the highest growth rate with the growing pharmaceutical industry.

Food was the largest end-use segment for these machines and accounted for 23.7% revenue share in the market in 2018. It is also projected to emerge as the fastest-growing segment over the forecast period. FFS machines are widely utilized for packaging a range of food products such as candies, cereal bars, chips, crisps, nuts, and cookies among others. Chemicals end-use segment is anticipated to ascend at a CAGR of 7.7% over the forecast period. Personal care end-use segment accounted for a revenue share of 16.2% in the market in 2018. Rising awareness with regard to personal grooming coupled with escalating demand for various personal care products is expected to have a positive impact on the demand for these machines.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/form-fill-seal-machines-market

Further key findings from the study suggest:

Vertical form-fill-seal technology segment in China market is anticipated to progress at a CAGR of 10.8% over the forecast period
Asia Pacific market is anticipated to be driven by the emerging economies in the region such as China and India
Food end-use segment in Russia market was valued at USD 125.4 million in 2018 and is expected to ascend at a CAGR of 5.9% over the forecast period. Rising demand for on-the-go packaged food products owing to their increased shelf life and ease of storage is expected to contribute to the growth of this segment
In September 2018, ProMach, Inc. acquired FLtecnics, a European manufacturer of horizontal FFS pouch packaging solutions, thereby expanding its product offerings in the flexible packaging product line.

Grain Processing Equipment Market Size Worth $5.9 Billion By 2025

The global grain processing equipment market size is anticipated to be valued at USD 5.9 billion by 2025, exhibiting a CAGR of 5.0% over the forecast period, according to a new report published by Grand View Research, Inc. The grain processing equipment industry is projected to be driven by the growing demand for processed food products in food & beverage industry.

The grain processing equipment industry is one of the prominent industries witnessing significant market growth in the recent years. Various macroeconomic factors such as rising income level of the middle class population, increasing consumer awareness, and growing demand for processed and packaged food are expected to trigger the market growth over the forecast period. The strong presence of regulatory associations such as the Environmental Protection Agency (EPA) and the Ministry of Food Processing Industries is expected to aid the industry growth. Hygiene, quality, and technological advancements are the major pillars of the global food processor machines industry.

The market is segmented into semi-automatic and automatic on the basis of mode of operation. Automatic grain processor is expected to be the dominant mode of operation segment, which is projected to account for over 51.2% of the total revenue share by 2025. This is mainly owing to high demand for automation, technological developments, and strong R&D capabilities of industry players. Semi-automatic equipment segment is expected to progress at a CAGR of 4.3% over the forecast period.

Pre-process machine segment is expected to dominate the global grain processing equipment industry, propelling at a CAGR of 5.3% from 2019 to 2025. Asia Pacific, prominently China and India, is one of the leaders in the global food processing equipment industry. Rising disposable income in China, India, and Japan is one of the factors favoring the grain processors market in Asia Pacific. Moreover, increasing demand for leisure food in China, India, Indonesia, Malaysia, Japan, and various other countries is anticipated to spur the growth of grain processing market over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/grain-processing-equipment-market

Further key findings from the report suggest:

Automatic equipment is expected to be the fastest-growing segment, registering a CAGR of 5.7% from 2019 to 2025
Pre-process machine type is anticipated to be the largest and fastest-growing segment in 2025 in the global grain processing equipment Market
The U.S. is one of the prominent markets and holds a considerable share. Food industry in the U.S. favorable impacts the grain equipment market considering a huge presence of industry players, favorable government policies, and industrial automation
Asia Pacific is projected to be the fastest-growing region and a prominent food processing equipment market, which is majorly driven by China, India, and other Asian countries. The region is expected to advance at a CAGR of 7.1% over the forecast period

Malted Wheat Flour Market Worth $52.20 Billion by 2025

The global malted wheat flour market size is anticipated to reach USD 52.20 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.5% during the forecast period. Increasing consumption of malted wheat flour in the production of alcoholic beverages is expected to drive the growth.

Bakery and confectionery application led the global market with a share of approximately 66.6% in 2018. Increasing demand for bakery products from countries such as China and India is expected to fuel the segment growth over the forecast period. These countries mainly use wheat for bread-making as wheat is produced in abundance throughout Asia Pacific. This is also anticipated to attract maltsters to these countries to increase their production capacity and to meet the demand for malting ingredients. A growth in the malted ingredients market will positively influence the market growth for malted wheat flour as well.

Due to the presence of various global malting companies, Europe led the global market with a share of approximately 35% in 2018. Major countries such as Germany and U.K. are driving the consumption of beer and other alcoholic beverages that require malted wheat flour extracts for taste and color enhancement. As a result, the Europe market is expected to witness steady growth over the forecast period.

Asia Pacific is expected to expand at the highest CAGR owing to growth of bakery and confectionery products in China and India. However, this region is also contributing majorly to the growth of food and beverages market due to increasing consumption in China, South Korea, and Japan. Moreover, as this region is one of the major producers of wheat, an increase in production of the grain is anticipated to positively influence the growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/malted-wheat-flour-market

Further key findings from the report suggest:

Application of malted wheat flour in food and beverages is projected to ascend at a CAGR of 5.9% over the forecast period. Majority of the demand is expected to be witnessed in the alcoholic beverage category
Malted wheat flour market in Asia Pacific is expected to expand at a CAGR of 6.6% during the forecast period owing to significant rise in demand for malted wheat flour from major countries such as China, Japan, and India
Central and South America region is anticipated to witness a CAGR of 6.1% owing to increase in consumption of bakery and confectionery items in Brazil, Chile, and Argentina

Europe Fluorosilicic Acid Market Size Worth $74.27 Million By 2027

The Europe fluorosilicic acid market size is projected to reach USD 74.27 million by 2027, expanding at a revenue-based CAGR of 4.5%, according to a new report by Grand View Research, Inc. Rising metal surface treatment and cleaning activities across Europe are projected to drive the demand for fluorosilicic acid. Demand for metal cleaners is driven by the increasing utilization of metal components from a broad range of sectors, such as agriculture, automotive, building and construction, textile production, and electronics producers.

In recent years, 35% grade of fluorosilicic acid has gained popularity over other grades as it is used as a source of fluoride in the manufacturing of various hexafluorosilicate salts, as an organic reagent in the silylation process, as an electrolyte in Betts electrolytic process of lead refining, in wood preservation, manufacturing of disinfectants, and in the surface modification of calcium carbonate. Leading manufacturer, Honeywell International Inc., produces and supplies its fluorosilicic acid in this grade, especially to the metal surface treatment industry, while Xinxiang Yellow River Fine Chemical Industry Co., Ltd. caters to the demand from various applications including the manufacturing of fluorosilicates, disinfectants, and refining lead by electrolysis.

Manufacturing of high-density aluminum fluoride (AlF₃) is one of the major applications of fluorosilicic acid. AlF₃ is highly consumed as a molten electrolyte in the manufacturing of aluminum. Other applications of the product include the manufacturing of fluoroaluminate glass and ceramic.

Aluminum has a high demand in the manufacturing of lightweight vehicle parts in the automotive industry. The food and beverage industry highly prefers aluminum to produce cans owing to its rapid recycling rate. The metal also has a high demand in construction and aerospace industries owing to high resistance to corrosion and lightweight properties. These factors are anticipated to create a high demand for aluminum in the coming years, in turn, generating high demand for aluminum fluoride in aluminum manufacturing.

Spain was the largest consumer of fluorosilicic acid in Europe in 2019. Every year, Spain imports fluorosilicic acid, fluorosilicates, and other fluoride compounds worth over USD 15 million to cater to the domestic demand of the products in various end-use industries. China, Mexico, and Russia are the major sources of import for the country. Growing product demand in the surface treatment, electroplating, and lead refining industries are expected to propel the product consumption in the near future.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/europe-fluorosilicic-acid-market

Further key findings from the report suggest:

The demand for 35% fluorosilicic acid is expected to expand at a CAGR of 4.0% from 2020 to 2027 by volume owing to increasing demand in various hexafluorosilicate salts, as an organic reagent in the silylation process, as an electrolyte in Betts electrolytic process of lead refining
Water fluoridation accounted for a market share of 1.12% in 2019 owing to growing concerns surrounding fluorine content in drinking water
Electroplating application is expected to expand at a CAGR of 3.8% from 2020 to 2027 by revenue owing to its application in manufacturing of pure lead which is used in the manufacture of electric batteries, ammunition, and lead alloys
Russia was valued at USD 4,146.8 thousand in 2019 owing to rising application in the synthesis of hydrogen and aluminum fluoride

Intelligent Traffic Management System Market Worth $18.2 Billion By 2025

The global intelligent traffic management system market size is expected to reach USD 18.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 12.0% over the forecast period. The ITMS market is expected to witness significant growth due to growing adoption of advanced traffic management system (ATMS) to enhance road safety.

Traffic monitoring system accounted for the largest revenue share owing to its rapid adoption in developed regions like North America and Europe. These solutions help in controlling signal lights, thereby ensuring smooth vehicle flow. Moreover, they help in reducing air pollution as well as road accidents by providing real time information. Moreover, supportive government initiatives in order to improve vehicle flow, increase transportation system efficiency, increase economic productivity, enhance mobility, and reduce negative environmental effects are likely to support the market growth.

Intelligent driver information system (IDIS) is expected to be the fastest growing solution over the forecast period. IDIS provides real time and avoids potential collision with the help of auto brake solutions. Moreover, these solutions detects the speed of a vehicle in the lane, and thus helps in avoiding collision.

North America dominated the smart traffic management system market in 2018 and is expected to maintain its lead throughout the forecast period. Demand for ATMS is increasing in the region as it reduces road congestion and enhances the driver and passenger safety. For instance, in June 2016, the Texas Transportation Commission announced the approval of a USD 1.3 billion plan to reduce vehicular congestion in the most congested roadways in Texas. According to the commission, on an average, a Texas driver wastes around 52 hours annually stuck on the road, which costs over USD 1,200 annually.

Asia Pacific is anticipated to witness substantial growth due to rapid urbanization and growing population. Rise in the disposable income of the population will fuel the demand for vehicles. This is expected to increase road congestion and boost the demand for ATMS, thereby fueling the ITMS market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/intelligent-traffic-management-system-market

Further key findings from the report suggest:

Integrated corridor management (ICM) solution is projected to expand at a CAGR of 12.7% during the forecast period. Increasing need to reduce road congestion and improve travel time is expected to boost the demand for ICM solutions
U.S., Germany, and China are the prominent countries using ITMS due to heavy consumption of automobiles in these countries
Many cities in India have implemented traffic management with video surveillance solutions due to growth of the IP camera market. This will help the controllers with real-time data about the road congestion scenario as well as help in ensuring that the drivers are following safety regulations
The intelligent traffic management system market is highly competitive in nature due to the presence of many key global players. Rapid technological advancement is compelling the market players to invest heavily in research and development of these solutions to ensure easy implementation.

Influencer Marketing Platform Market Size Worth $23.52 Billion By 2025

The global influencer marketing platform market size is anticipated to reach USD 23.52 billion by 2025, exhibiting a CAGR of 26.8% over the forecast period, according to a new report published by Grand View Research, Inc. Technological proliferation in marketing practices is expected to offer significant growth opportunities to the market. Advanced technologies such as Artificial Intelligence (AI), Artificial Neural Networks (ANN), Natural Language Processing (NLP), and Machine Learning (ML) provides better search results and analytics, which is expected to guide marketers in taking better decisions.

Increasing adoption of AI-enabled influencer marketing platforms is expected to create an automated environment for marketers to establish efficient collaborations. ANN and NLP can be leveraged to offer essential insights to influencers by analyzing several image attributes, posts, and thus helping brands in simplifying workflow process. Furthermore, adoption of these technologies assists marketers in choosing which influencer to collaborate with, thus contributing to the market growth. For instance, CurationEngine offered by IZEA uses ML to process high volumes of information for programmatic analysis on influencer networks within the company database to improve network quality and identify influencers who meet brand safety requirements.

Cord-cutting is another important factor driving the influencer marketing platform market. The declining TV viewership and increased screen time provide an opportunity for marketers to focus more on social media marketing. Further, as more users have joined different social media platforms in the last few years, marketers are investing heavily to cater to the online masses by facilitating the next wave of brand deals.

The sports and fitness segment is expected to provide growth opportunities to the influencers over the next few years. The growth can be attributed to the need for better loyalty and increasing merchandise and ticket sales. Additionally, the rising trend of adopting a healthy lifestyle amongst sports enthusiasts and players is expected to provide an impetus to the growth of the market for influencer marketing platform. Furthermore, product innovations and access to affordable equipment have made sports more attainable to consumers. The integration of fashion and beauty into sports and fitness is promoting companies to venture out new lines of businesses, such as athleisure production, which is expected to further stimulate the growth.

The emergence of hybrid influencer is expected to promote market growth. Hybrid influencer enables brands to put social media ad spend on influencer posts either via social media or a branded content tool to get deeper insights and better interactions. For instance, Scrunch, a media and advertising firm, assists marketing teams to scale businesses using a hybrid influencer marketing platform.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/influencer-marketing-platform-market

Further key findings from the report suggest:

Influencer management is expected to be the fastest-growing segment over the forecast period owing to greater demand of brands to maintain efficient influencer relationships for longer and healthier collaboration
Small and Medium Enterprises (SMEs) are expected to benefit from the adoption of influencer marketing platform owing to cost-effectiveness and higher engagement rates
The sports and fitness segment is expected to witness significant growth over the forecast period, attributed to the rising consumer awareness regarding the benefits of maintaining a healthy and active lifestyle
Asia Pacific is expected to dominate the market by 2025, owing to increasing mobile penetration, which makes it easier to reach out to a larger number of people via social media
The key players dominating the influencer marketing platform market are AspireIQ Inc.; Grapevine Logic Inc.; Upfluence, Hypetap Pty Ltd.; and Speakr Inc.

Machine Learning Market Worth $96.7 Billion By 2025

The global machine learning market size is expected to reach USD 96.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 43.8% from 2019 to 2025.

Production of massive amounts of data has increased the adoption of technologies that can provide a smart analysis of that data. Technologies such as Machine Learning (ML) are being rapidly adopted across various applications in order to automatically detect meaningful patterns within a data set. Software based on ML algorithms, such as search engines, anti-spam software, and fraud detection software, are being increasingly used, thereby contributing to market growth.

The rapid emergence of ML technology has increased its adoption across various application areas. It provides cloud computing optimization along with intelligent voice assistance. In healthcare, it is used for the diagnosis of individuals. In case of businesses, the use of ML models that are open source and have a standards-based structure has increased in recent years. These models can be easily deployed in various business programs and can help companies bridge the skills gap between IT programmers and information scientists.

Developments such as fine-tuned personalization, hyper-targeting, searching engine optimization, no-code environment, self-learning bots, and others are projected to change the machine learning landscape. The development of capsule network has replaced neural networks in order to provide more accuracy in pattern detection, with fewer errors. These advanced developments are anticipated to proliferate market growth in the foreseeable future.

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

Further key findings from the report suggest:

The emergence of connected AI is expected to enable ML algorithms to learn continuously based on newly available information. Such developments are anticipated to drive the market in the coming years
The advertising and media sector accounted for the largest share in 2018 owing to capabilities such as buyer’s optimization, data processing, and analysis provided by the technology
H2O.ai announced a partnership with IBM Corporation, a multinational IT company, in June 2018. Through this partnership, H2O.ai will offer its GPU-powered machine learning, next-generation AI platform, and best-of-breed deep learning on IBM’s Power Systems platform
Key players in the machine learning market include Amazon Web Services, Inc.; Baidu Inc.; Google Inc.; H2O.ai; Hewlett Packard Enterprise Development LP; Intel Corporation; International Business Machines Corporation; Microsoft Corporation; SAS Institute Inc.; and SAP SE.

IT Asset Disposition Market Worth $27.9 Billion By 2025

The global IT asset disposition market size is anticipated to reach USD 27.9 billion by 2025 and register a CAGR of 10.8%, according to a study conducted by Grand View Research, Inc. Increasing use of electronic devices and growing need among enterprises to dispose their IT assets efficiently are the major factors driving the market. In addition, rising awareness regarding the benefits associated with proper disposition of assets is expected to boost the demand in the coming years.

Furthermore, on-going paradigm shift from housing IT infrastructure on-premise to deploying cloud-based services has necessitated businesses to dispose majority of their existing IT hardware. At the same time, the imminent need to secure data/information while disposing old assets has prompted businesses to prefer ITAD programs and services.

Over the last few years, the demand for IT asset disposition services has witnessed strong growth with business organizations emphasizing on limiting their carbon footprints. The market is poised to register strong growth in the coming years owing to growing awareness regarding the need to reduce the environmental threats created by e-waste and the prevailing dynamic regulatory landscape worldwide. With regulations in place and high penalties for defaulters, enterprises are increasingly availing services of ITAD vendors to dispose their assets as per the set standards.

Enterprises are leveraging services of third-party ITAD vendors for data sanitization, recycling and component recovery, and onsite hard drive destruction. They are focusing on reducing the inventory cost associated with obsolete hardware by opting for an efficient ITAD program offering any of the above-mentioned services. ITAD service providers are focusing on attaining the highest level of certifications such as eSteward and Responsible Recycling (R2) to get recognition and strengthen their market presence.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/it-asset-disposition-market

Further key findings from the study suggest:

The mobile device segment is expected to register a CAGR of more than 11% due to penetration of smartphones, especially in developing economies
Asia Pacific is expected to witness substantial growth during the forecast period owing to positive outlook of the already established IT industry in the region
The IT asset disposition market is highly fragmented with the presence of large number of service providers. Some of the leading service providers in the ITAD market are CloudBlue Technologies Inc.; Arrow Electronics Inc.; Dataserv Group; Dell Inc.; LifeSpan International; Ingram Micro; Hewlett Packard Enterprise Development LP; and Sims Recycling Ltd.
Players are focusing on partnerships, acquisitions and mergers, and service portfolio expansion in order to strengthen their market presence. For instance, in June 2018, Sims Recycling Solutions (SRS) extended its hardware processing lines in the Netherlands and made further developments with respect to metal and plastic separation technologies.

Colombia Travel Retail Market Size Worth $686.0 Million By 2025

The Colombia travel retail market size is expected to reach USD 686.0 million by 2025, and it is anticipated to register a CAGR of 8.3% from 2019 to 2025, according to a new report by Grand View Research, Inc. The travel and tourism industry accounted for nearly 3.8% of Colombia’s Gross Domestic Product (GDP) in 2018. The industry’s demand has witnessed an increase of 12% in 2018 from the previous year. Columbia is one of the major tourist destinations with attractions including colonial cities, coffee plantations, mountains, and beaches. A rising number of international travelers is expected to be one of the prime factors driving the market growth.

According to Colombia’s Ministry of Commerce, Industry and Tourism (MinCIT), the country’s travel and tourism revenues was approximately USD 5.8 billion in 2018. However, the Colombian government plans to increase these revenues to USD 40 billion by 2022 by making tourism a high priority. Initiatives such as increasing airline routes to Colombia are subsequently expected to drive the growth of the market for travel retail in the country. Moreover, the rising middle-class population in developing countries and reasonably priced travel choices are anticipated to drive the market growth.

The retail market is getting increasingly competitive, owing to the entry of other duty-free retailers in the country. For instance, in 2017, Dufry and 3Sixty Duty Free signed a joint venture agreement and obtained duty-free store concession at the El Dorado International Airport in Bogota. The two companies signed a concession agreement with Opain S.A. for one duty-paid, seven duty-free, and two Hudson convenience stores. An improving economy, sustainable business practices, and favorable commercial trade agreements have created robust opportunities for international brands, which acted as a catalyst for market growth. According to the World Travel & Tourism Council (WTTC), Bogota accounted for more than 29% of Colombia’s overall travel and tourism activity.

Over two decades of political instability has impeded the growth of Colombia market. Despite decades of security challenges and internal conflicts, Colombia has been relatively steady in upholding democratic institutions characterized by transparent and peaceful elections and the protection of civil liberties. The increasing political stability and improving security situation is expected to open opportunities for foreign direct investments and subsequently strengthen the Colombian tourism industry. An active travel and tourism industry would further encourage international travel retail operators to consider entering the market in Colombia, where competition is currently relatively moderate.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/colombia-travel-retail-market

Further key findings from the report suggest:

The perfume and cosmetics segment dominated the market with a value of USD 118.9 million in 2018. The segment is projected to continue its dominance over the forecast period
Rising investments for the development and upgradation of airports in Colombia has contributed to the growth of the market. The airport channel segment is anticipated to register the highest CAGR of 8.5% over the forecast period
The key players in the market focus on strategies such as partnerships and expansions to expand their presence in the market
Prominent players operating in the market include Duty Free Americas, Inc. (DFA); Dufry and 3Sixty Duty Free; Motta International; Areas; and Duty Free Partners.

Dropshipping Market Size Worth $557.9 Billion By 2025

The global dropshipping market size is expected to reach USD 557.9 billion by 2025, registering a CAGR of 28.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising consumer inclination toward online shopping platforms, coupled with the proliferation of internet users, is anticipated to positively impact market growth. Dropshippers offer services to retailers such as direct transfer of goods to customers and inventory maintenance. Moreover, benefits provided through dropshipping services encourage e-commerce companies to adopt these services, as the shipment of the products/goods is not limited to the internal boundaries of the country and can even offer product deliveries across international borders.

Rising disposable income and increasing internet and smartphone penetration have favored the e-commerce industry, thereby impacting the adoption of dropshipping. Dropshipping enables e-commerce companies to capitalize on warehouse and logistics investments. Moreover, fewer capital investments in inventory and logistics have resulted in an increased demand for dropshipping amongst retailers.

Several e-commerce startup businesses are opting for dropshipping services since fewer investments are required for product warehousing, resulting in reduced shipping and logistics costs. The growing number of online purchases by consumers has enabled the emergence of new e-commerce companies. Inclination of emerging e-commerce companies toward dropshipping business is further generating avenues for market growth.

However, government rules and regulations for product shipment and cybersecurity threats are hindering the market growth. Moreover, the General Agreement on Trade in Services (GATS) comprises rules and regulations governing international trade in services, with significant implications for e-commerce. The Anti-Spam Law is in place to protect consumers from receiving unsolicited marketing material, thereby restraining the growth of the market.

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

Further key findings from the study suggest:

The electronics and media segment accounted for a market share exceeding 22.0% in 2018 owing to increasing innovations in the electronics industry, coupled with rising demand for electronics
The food and personal care segment is expected to register a CAGR exceeding 30.0% from 2019 to 2025, owing to the rising consumer demand for skincare products and cosmetics, among others
The fashion segment held the largest market share of over 30.0% in 2018, which can be attributed to the growing disposable income of consumers, coupled with rise in online retail spending among consumers
Asia Pacific is expected to witness substantial growth owing to the high percentage of global population and increasing internet penetration, which, in turn, drives the e-commerce industry in the region
The dropshipping market is fragmented and characterized by the presence of small- and medium-sized companies. The major global players operating in the market include AliDropship; Doba, Inc.; SaleHoo Group Limited; and Oberlo, Inc.