Disposable E-Cigarettes Market Trends, Size, Share, Regional Analysis by Key Players | Industry Forecast
The global disposable e-cigarettes market size is expected to be valued at US$ 6.34 Billion in 2022. With growing demand for non-tobacco products owing to rising health concerns among others, the overall demand for disposable e-cigarettes is projected to grow at a CAGR of 11.2% between 2022 and 2032, totaling around US$ 18.32 Billion by 2032. Disposable e-cigarettes are assumed to be a safe alternative to rechargeable e-cigarettes, which in turn is expected to fuel the market growth during the forecast period. Additionally, increasing acceptance of different vaping devices among young adults and adolescents is set to fuel the growth of the Disposable E-cigarettes Market.
The key players in the market started offering these products online through various e-commerce websites such as Amazon. According to an article published by Truth Initiative, in June 2021, online retail for e-cigarettes including disposable products was 28%. In addition, the availability of approved disposable e-cigarettes from various health bodies such as the National Medical Products Administration (NMPA), as a better alternative to tobacco smoking, will integrate well with the growth trend.
The rising traction of using disposable e-cigarettes among consumers, especially the millennial population, is expected to accelerate the market in the forthcoming years. Key players are launching new and innovative products to comply with the growing demand for these products among consumers. For instance, in January 2021, Dinner Lady, a U.K.-based vape brand launched a disposable vape pen, available in eight flavors, including Lemon Tart, Banana Ice, Citrus Ice, and Strawberry Ice. The initiative was taken to support consumers in terms of health, and bring them towards more sustainable options from combustible cigarettes.
North America dominated the disposable e-cigarettes market and accounted for the maximum revenue share of 49.8% in 2021. The increasing popularity of flavoured disposable e-cigarettes offered by brands such as Puff Bar, Vuse, and Suorin, is one of the major factors that is expected to drive the growth of the industry in the region.
Key Takeaways from the Market Study
Global Disposable E-cigarettes Market was valued at US$ 6.34 Billion by 2022-end
From 2017 to 2021, Disposable E-cigarettes demand expanded at a CAGR of 5.6%
By Flavour, the Non-Tobacco category is expected to constitute the bulk of Disposable E-cigarettes Market during the forecast period.
By Distribution Channel, the Offline segment dominates the Disposable E-cigarettes Market.
Competitive Landscape
Players in the global Disposable E-cigarettes Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:
In May 2022, Flawless, one of Europe’s largest vaping distributors signed an exclusive agreement with the leading Chinese manufacturer of vape disposables, ELF BAR, to create the Gee600 disposable device, for the U.K.’s vape and FMCG sector.
In April 2022, Vaptex launched a new vape device GORIN MAX 4500 puffs adjustable airflow disposable pod, which extends some features between TAKIN and GORIN for a better combination for all vapers
In August 2019, VPR Brands, a market leader and pioneer in e-cigarettes and vaporizers for nicotine, cannabis, and cannabidiol (CBD), announced the re-launch of its most popular e-cigarettes brand, KRAVE, an exceptional tasting, high-quality alternative to cigarettes.
Information Source: https://www.futuremarketinsights.com/reports/disposable-e-cigarettes-market
Air Freshener Market Size by Global Major Companies Profile, and Key Regions 2032
The air freshener market is advancing at a sluggish rate and is projected to register a CAGR of 3.5% during the forecast period 2022 to 2032.
The global Air Freshener Market to offer comprehensive analysis of current and emerging market trends along with key developments in the industry. The report offers in-depth information about market share, market size, market revenue growth, drivers, restraints, growth opportunities and challenges.
The report also provides insights on different segments such as product types, applications, regional bifurcation along with top companies. The report is curated using primary and secondary research which is thoroughly evaluated by experts in the industry and is well-presented using various pictorial presentations such as tables, diagrams, charts and figures.
The global Air Freshener Market is rapidly gaining traction over the recent years and is expected to register robust revenue growth throughout the forecast period. Robust revenue growth is attributed to factors such as changing lifestyle, improvements in standard of living and rising health conscious populace.
Increasing demand for convenience, and going coronavirus pandemic, rising presence for online shopping, and increasing inclination towards veganism and organic and basic food products are fueling global market growth.
Competitive Landscape:
The research report offers details about leading companies in the global Air Freshener Market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player.
Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.
Market Dynamics:
Increasing consumer inclination towards functional, organic and probiotic-based food & drinks is providing impetus to the growth of global food and beverage industry. Various studies have come with health benefits associated with “ethnic” and organic food products.
These foods improve cardiovascular health, improves arthritis, digestive issues, and other inflammatory conditions. Consumers are gradually focusing on mindful eating and consuming food for health and wellness. Changing eating and dietary patterns of consumers is prompting brand owners and new entrants to introduce healthy foods options. Several clean-label products have been introduced in the market and consumer curiosity for new products is immense
Growing middle class consumers with rising income in developing countries such as India and China will boost food & beverage market growth. Moreover, increasing consumer preference for procuring food and beverage items from online platforms due to variety, cost and time-saving will foster market size through 2027.
Information Source:
https://www.futuremarketinsights.com/reports/global-air-freshener-market
Disposable Masks Market Trends, Size, Share, Regional Analysis by Key Players | Industry Forecast
The global disposable masks market is projected to rise at a CAGR of ~7 between 2022 and 2032, Future Market Insights foresees stable growth for the disposable masks market.
To protect themselves from viruses and other infectious diseases, customers are increasingly buying personal protective equipment, such as disposable face masks.
The demand for disposable masks has increased as a result of the global Coronavirus outbreak, which started in China in December 2019.
Companies are putting a lot of effort into growing their production capacity and broadening the availability of their products as a result of the rising numbers of coronavirus and other infections around the world. This is done to reduce the risk of infection among the people.
Moreover, there is an increasing demand for specialized masks known as N95 respirator masks among doctors, nurses, medical workers, and others who are treating patients identified with positive symptoms of coronavirus, as these masks protect against the virus.
This is one of the primary factors increasing the demand for disposable marks across the globe.
“Companies in the global disposable masks market are introducing novel products with advanced features such as high filtration, lightweight, and foldable, to protect from pollutants, dust, and infections. Moreover, companies are increasing their mass production of respirator disposable masks as demand surges from coronavirus outbreaks worldwide” says an FMI analyst.
Information Source:
https://www.futuremarketinsights.com/reports/disposable-masks-market
Robotic Vacuum Cleaners Market Trends, Size, Growth Insight, Share, Competitive Analysis, Regional and global Industry Forecast To 2031
The global robotic vacuum cleaners market is expected to surpass a valuation of US$ 3.5 Bn in 2021. It is also expected to exhibit a CAGR of over 14.50% through 2031.
In the last few years, vacuum cleaner technology has advanced significantly. Because of their ability to clean an area without requiring human participation, robotic vacuum cleaner’s sales are surging at a high pace.
Additional features of robotic vacuum cleaners include rotating brushes, mopping, and UV sterilization. Some are designed to efficiently perform cleaning chores of household. To offer greater efficiency and high performance, manufacturers are integrating robotic vacuum cleaners with security cameras, intercom systems, and other functions.
Robotic vacuum cleaners are a result of technological advancements enabled by artificial intelligence (AI) and the internet of things (IoT). They can be programmed and operated remotely to execute their cleaning tasks and they are clever enough to do it with minimal human intervention. With their advanced technologies, robots are playing an increasingly essential role in modern society, making human life easier and more comfortable.
Key Takeaways from the Robotic Vacuum Cleaners Market Study
In terms of robot type, the in-house robot segment is projected to account for 75.9% of the total robotic vacuum cleaners market share in 2021.In terms of mode of charging, auto battery charging type accounts for 70.9% of the total robotic vacuum cleaners market share in 2021.The US is a key market in North America, accounting for 91.5% of robotic vacuum cleaners sales in the region in 2021.The U.K. will emerge as a highly lucrative market within Europe, exhibiting 7.5% CAGR.
"Customers from diverse sectors are increasingly turning to automated products to save time and energy. Within the household sector, the demand for smart home technology is on the rise. This has created ample prospects for the expansion of the robotic vacuum cleaners market," says an FMI analyst.
Impact of COVID-19 on the Market
The COVID-19 outbreak had a wide-ranging impact, including the closure of all non-essential businesses and retailers, leading to a loss of corporate confidence, heightened public worry, and future uncertainty. It has spread indiscriminately over the world, resulting in a hazardous indoor atmosphere. The production rate of these vacuum cleaners had fallen dramatically all over the world as a result of the sudden shutdown of manufacturing factories. Restrictions imposed hampered sales as well as international export and import.
Information Source:
Scented Candles Market Trends, Size, Growth Insight, Share, Competitive Analysis, Regional and global Industry Forecast To 2032
The global scented candles market is expected to surpass a valuation of US$ 3.6 Bn in 2022, with sale growing at a 4.1% CAGR through 2032.
To improve sales, manufacturers are introducing limited edition fragrances and seasonal scents. For instance, DIPTYQUE is offering a set of 5 limited edition scented candles. These candles are further being marketed as gifting solutions.
Besides average size candles, players are offering miniature limited-edition candles, which are being adopted at ideal gifting solutions. Some scents that are being promoted as limited editions include berries, roses, pine tree, jasmine, musk, fig tree, wood fire, and mimosa.
Besides this, with evolving consumer preferences, personalization is gaining a center stage in the market. In response to this, companies are enabling consumers to customize and personalize their candles by letting them choose the scents and allowing them to add messages and notes. Such developments are expected to create opportunities for growth in the market.
Besides scents, companies are focusing on enhancing their packaging designs as the visual appeal of the product plays a major role in shaping consumer preferences. Leather bag inspired box, print box packaging, and eco-friendly sustainable packaging are some packaging options offered by the manufacturers.
“Scented candles are being promoted as décor accents for homes as they provide ambient light and a luxurious visuals. Many of the scented candles are also being promoted as anxiety and stress reducer fragrances. Such developments are expected to augment the growth of the market through 2032,” says an FMI analyst.
Key Takeaways:
In terms of product type, container-based candles are expected to dominate the market.
Based on the shape, sales of round scented candles will grow at a 3.4% CAGR.
Demand for multi wick candles will increase at a 5.2% CAGR through 2032.
Sales through online channels are projected to grow at a healthy 6.9% CAGR over the assessment period.
The U.S. will continue dominating the North America scented candles market, driven by high demand for limited edition candles.
Sales in the U.K. scented candles market will increase at a 3% CAGR over the forecast period.
India will emerge as a lucrative market, with sales projected to increase at a 2.9% CAGR over the assessment period.
Competition Landscape
Leading players operating in the global scented candles market are investing in promotional strategies, advertisements, and new product launches with limited edition scents to gain a competitive edge in the market.
Key players operating in the market profiled by FMI include Newell Brands, MVP Group International, Estee Lauder Companies, NEST New York, Thymes, LLC.,L Brands, Portmeiron Group Plc., The Yankee Candle Co. Inc., The White Barn Candle Co., Village Candles, Bridgewater Candles., etc.
Information Source:
https://www.futuremarketinsights.com/reports/scented-candles-market
Over-night Hair Treatment Products Market Trends, Size, Growth Insight, Share, Competitive Analysis, Regional and global Industry Forecast T
The over-night hair treatment products market will grow at a consistent rate of 5.3 percent CAGR.The demand for over-night hair treatment products is increasing at an unprecedented rate due to the availability of numerous hair care products, including sleep masks, serum, oil, and more.Consumers today are increasingly concerned with their image, which includes using hair care products. The growing popularity of hairstyles and the desire for healthy, attractive hair have increased demand for hair care products, which has drawn customers’ attention to goods for overnight hair treatments including hair masks and water-based hair care gel.Over-night Hair Treatment Products Market: OverviewOver-night hair treatment products are the hair repair products which often known as hair masks, water based gel that have properties to make hair soften, soothe and condition. The primary purpose of using over-night hair treatment products are infusing hair shaft with moisture and glossy shine to hair. It also reduces hair breakage.These properties have of over-night hair treatment products make it popular and demanding among consumers. Now a day, consumers around the world are more conscious about their appearance which includes haircare products. The growing trend of hair style and desire of beautiful hair have stimulated demand for hair care products, which in result, catching the eyes of consumers for over-night hair treatment products such as hair masks, water based hair care gel etc.Being attractive is the trend that everyone follows, especially women. The growing beauty conscious consumers thus prefer to use over-night hair treatment products to repair their hair condition. However, growing counterfeit products hamper the growth of the over-night hair treatment products market.Changing lifestyle and beauty consciousness are the factors that push the market for more innovative products such as protective hair serum, anti-aging overnight hair rescue hair treatment from various manufacturers. Manufacturer in this segment face a tough competition due to high concentration of players in the market. Thus, manufacturers are focusing on new innovations and new product launches to attract new and retain their old customers. Currently, manufacturer are coming with products which are free of paraben, gluten, mineral oil etc.Over-night Hair Treatment Products Market: Market DynamicsThe use of over-night hair treatment products are not new in the market. Growing consumer interest and demand from market has pushed the manufacturers for new innovative products. Using natural products are currently trending in the global market, hence manufacturers are focusing on natural over-night hair treatment products which provides hair repair along with hair shine.Over-night Hair Treatment Products Market: Key PlayersSome of the over-night hair treatment products key players operating in the global over-night hair treatment products market are L’Oréal Paris, Johnson & Johnson Consumer Inc. (Neutrogea), IGK Hair, Arvazallia, Briogeo, Sachajuan, Anthem USA, and others.Information Source:
https://www.futuremarketinsights.com/reports/over-night-hair-treatment-products-market
Air Purifier Market Analysis, Development, Revenue, Future Growth and Forecast to 2031
The demand air purifiers market in the will grow at approximately 11.3% CAGR between 2021 and 2031. The market was valued at US$ 10 Bn in 2020 contributing nearly 1%-2% of the global consumer electronics market.
Worsening air quality in major cities across the world and resultant surge in various chronic ailments have fuelled the demand for air purifiers. Competition prevailing in the air purifier market will therefore increase in the coming years.
Has increased dramatically. In order to receive excellent air filtration, membrane filters are created using a combined electrospinning/netting approach with a receiving substrate design. The effectiveness and pressure drop of air purifiers made using ePTFE and UPE membranes are remarkable.
People are becoming more aware about their health and fitness as a result of increasing health awareness. The impact of air pollution in causing respiratory disorders, such as acute respiratory infections and chronic obstructive pulmonary disease, is well established.
Because industrialization, urbanization, and contemporary lifestyles cannot be compromised on, strategies to reduce emissions and reverse the problem of poor air quality are gaining traction. Air purifiers are proving to be the most promising solution for addressing poor air quality.
The air purifier market has seen a lot of claims made by manufacturers in order to promote their brand and level up the competition. As a matter of fact, consumer purchase patterns are often influenced by company claims.
Key Takeaways from the Air Purifier Market Study
In terms of technology, HEPA filters account for a major share in the air purifier market. Demand in this category is expected to grow at a CAGR of 4.3% in 2020.Leading companies in the air purifier market will cover nearly 42% of sales. The U.S. will account for maximum demand in North America, sealing its dominance in the global market. Demand in the U.K. will grow at an impressive pace, pushing overall growth in the Europe market.
"As competition continues soaring, market players are likely to focus on making air purifiers smarter. They are integration concepts of artificial intelligence to enable improve machine-human interaction," says an FMI analyst.
Impact of COVID-19 on the Market
The current pandemic outbreak has created numerous challenges on the part of supply side and demand side. The temporary restrictions imposed by regional governments on the movement have impacted supply chains drastically. Besides this, the shift from discretionary spending to essential goods has further negatively impacted the market growth.
On the flip side, the change in consumer buying habits has encouraged a shift from store based retailing to online retailing, facilitating a wider market reach. This is expected to aid in the global market recovery.
Who is Winning?
Leading manufacturers of air purifier are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales growth of air purifier globally.
Major players present in the air purifier market are Koninklijke Philips N. V, LG Electronics Inc., Xiaomi Corporation, Afpro Filters B.V., Dyson Ltd., Godrej Appliances, Condair Group AG, Daikin Industries, Ltd., Honeywell International Inc., Whirlpool Corporation, Japan Air Filter Malaysia Sdn. Bhd., Hitachi Limited, Dyson Technology Ltd, and Panasonic Corporation among others.
Information Source:
https://www.futuremarketinsights.com/reports/air-purifier-market
Gym Apparel Market Analysis By Future Demand, Top Players, Size, Share, Opportunities, Revenue and Growth Rate Through 2032
The global gym apparel market is predicted to follow a growth rate of 6.2% during the forecast years 2022 to 2032. The net worth of the gym apparel market share is expected to reach US$ 384.8 Billion by the year 2032, increasing from US$ Billion in the year 2021.
The sales of gym apparel have increased significantly in the recent past years owing to multiple factors. The major factor driving the gym apparel market growth is the establishment of different levels of gyms and fitness centres at several locations.
A growing trend among the younger generation to improve their physique has also raised the gym membership subscriptions exponentially and secondarily boosted the demand for gym apparel in the recent past years.
An outbreak of the Covid-19 pandemic also provided a serious impetus among the aged population to join gyms as part of their daily routine. Encouragement by public associations to visit gyms also created a new consumer base for the global gym apparel market around the world.
Gym gear producers are introducing new innovative components into their products to meet the current demands of the burgeoning smart wear trend. Furthermore, several technological advancements aimed at boosting user performance and comfort are projected to help the gym gear business. One of the biggest breakthroughs for the rising trends in the gym gear market is the introduction of smart nanotechnology fabric.
Key Takeaways
• The present value of the global gym apparel market is estimated to be around US$ 210.8 Billion in the year 2022.
• The net worth of the global gym apparel market is expected to witness an absolute increment of US$ 174 Billion over the forecast period of 2022 to 2032 that may take the net worth up to US$ 384.8 Billion by the end of 2032.
• Sweatshirts and tanks are the most popular product type segment of the gym apparel market share that is expected to witness the highest the growth rate of nearly 4% during the forecast period.
• Online retailers or e-commerce platforms are the rapidly expanding segments for the global gym apparel market future trends on the basis of the supply chain.
Leading Companies Profiled in Gym Apparel Market are
• Adidas AG
• ASICS Corp
• Columbia Sportswear
• Dick’s Sporting Goods Inc.
• G-III Apparel Group Ltd.
• Gildan Activewear Inc.
• Hanesbrands Inc.
• Nike Inc.
• PUMA SE
• PVH Corp
• VF Corp
• New Balance
Information Source:
https://www.futuremarketinsights.com/reports/gym-apparel-market
Digital Travel Market Key Leaders Analysis, Segmentation, Growth, Future Trends, Demands, Emerging Technology by Regional Forecast to 2032
The digital travel is likely to move ahead with a CAGR of 15% during the forecast period (2022-2032). The digital travel domain across the world is basking with a slew of new customer friendly initiatives that are cementing their base in the extremely competitive travel and hospitality sector. Digital travel sales have soared in the last few years. Insiders are expecting that the digital travel sales will touch a few billion dollars in the forthcoming years. More number of travellers are taking the digital path to reach their coveted tourist destinations.
Digital Travel Market Business Opportunities, Top Manufacture, Growth, Share Report, Size, Regional Analysis and Global Forecast to 2032
The digital travel is likely to move ahead with a CAGR of 15% during the forecast period (2022-2032). The digital travel domain across the world is basking with a slew of new customer friendly initiatives that are cementing their base in the extremely competitive travel and hospitality sector. Digital travel sales have soared in the last few years. Insiders are expecting that the digital travel sales will touch a few billion dollars in the forthcoming years. More number of travellers are taking the digital path to reach their coveted tourist destinations.
The digital revolution has opened several new corridors for tourists who are eager to set sail into the unknown. Online travel platforms have empowered consumers as well as hoteliers. A large pool of information and the chance of understanding the contenders are some of the significant factors that are impacting the growth of the digital travel sector. Several studies in the past talked about the changing trends of digital travel.
The emergence of the android market and a massive boost in the number of mobile-friendly consumers are some of the major factors that are significantly changing the demography of the tourism and travel industry around the world.
The modern breed of travellers is clinging into their mobiles for all travel related activities. Whether it is flight booking or hotel booking travellers are relying on digital platforms rather than the conventional mediums of travelling. The online platforms or digital travel space is filled with latest offers and packages to lure maximum travellers.
Digital Travel: Game Changers
The travel industry is eroded by the digital drive. The digital drive has immensely changed the face of the industry and paved a new way of growth for stakeholders. Digitisation has multiplied the growth of the industry and benefitted it in many ways. The digital boom has equipped a massive population of travellers with apps and user-friendly systems that havetattered the conventional set rules of the travel industry.
The market is flooded with several tourism and hospitality friendly apps that have helped redefine the service quality of the hotel and airline industry and also affected their annual revenues. Advanced cloud computing technology has simplified the entire travel experience of a tourist.
Travel companies today can preserve crucial data related to customer behaviour and can use this to offer enhanced customer experiences. Several hotel chains and tourism companies are doing every bit to ride the digital growth wave. They are using tailor-made apps, customer friendly software and a plethora of digital processes to enhance customer experience.
A glut of travel blogs, pictures and other firsthand accounts of surfers are motivating new travellers and it is changing the dimension of the travel industry. Social media platforms are bustling with travel experiences and travel deals. The sudden boom has created a pregnant market for the travel industry and popularised the concept of digital travel.
Digital Travel: Restraints
Though the concept of digital travel has earned ample accolades in the last few years, there are some hurdles that are likely to muzzle its potential growth going forward. The underdeveloped travel and tourism sector in different parts of the world and a massive population of elderly citizens is creating a vacuum in the digital travel sector. Further, the surge of digital travel is blocked by several natural and manmade disasters that have occurred in the last few years.
Digital Travel: Bigwigs
The digital travel sector is populated by several customer-friendly apps that are extremely useful for tourists and business insiders. Platforms such as travelpod.com, flickr.com, technocrati.com, 43places.com, and tripmates.com are some of the frequently used sites by tourists and service providers.
This comprehensive report equips readers with lucid information and analysis on the sector. Future Market Insights’ experienced travel and tourism analysts bring to you accurate and unbiased information to help you make crucial decisions with confidence.
The report offers a 360° view – bringing to the fore key drivers, restraints, opportunities, and challenges prevailing in the sector. To offer readers actionable insights, detailed information on historical trends, current scenario, and future projections is provided in the report.
The report specifically focusses on the leading companies operating in this sector, highlighting their key developmental strategies. A holistic analysis of the leading players is highlighted to help decision makers understand the overall competitive landscape.
Information Source:
https://www.futuremarketinsights.com/reports/digital-travel-sector-outlook