Uncategorised – Page 29 – Market Industry Forecast News

Unveiling the Secrets of Youth: Market Insights on Facial Rejuvenation Products for 2023-2030

Facial Rejuvenation Products Industry Data Book | Forecast 2030

Facial Rejuvenation Products Industry Data Book – Facial Injectable, Skin Boosters, Facial Skincare and Anti-Acne Cosmetics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Facial Rejuvenation Products industry data book, compiled by Grand View Research, is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Facial Rejuvenation Products Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Facial Injectable Market Report Highlights

The global facial injectable market size is expected to reach USD 27.6 billion by 2030, expanding at 10.3% CAGR from 2023 to 2030

The botulinum toxin type A segment is projected to dominate the market throughout the forecast period. It is one of the most popular minimally invasive procedures
The facial line correction segment is projected to grow rapidly over the forecast period owing to the rise in the use of facial injectables for aesthetic procedures such as the treatment of wrinkles on the face
North America dominated the market with a revenue share of 42.1% owing to the easy availability of the products and the presence of a large number of skilled surgeons

Order your copy of the Free Sample of “Facial Rejuvenation Products Industry Data Book – Facial Injectable, Skin Boosters, Facial Skincare and Anti-Acne Cosmetics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030”, Data Book published by Grand View Research

Skin Boosters Market Report Highlights

The global skin boosters market size is anticipated to reach USD 2.1 billion by 2030 to expand at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030

By type, the Mesotherapy procedure held the largest market share in 2022 as the procedure has minimal downtime and the booster can be inserted deeper for effective skin rejuvenation
Based on gender, the female segment held the highest market in 2022 share women are more willing to undergo cosmetic treatment.
Medspa market held the highest market share in 2022. This is due to the fact that Medspa provides aesthetic treatments under the supervision of a licensed medical practitioner
North America leads the Skin Boosters market with the highest revenue share in 2022 as the region has a high awareness of such procedures and there is high availability of aesthetic professionals.

Go through the table of content of Facial Rejuvenation Products Industry Data Book to get a better understanding of the Coverage & Scope of the study

Anti-acne Cosmetics Market Report Highlights

The global anti-acne cosmetics market size is expected to reach USD 8.91 billion by 2030 registering a CAGR of 9.0%, according to a new report by Grand View Research, Inc.

The creams & lotions segment dominated the market in 2020 as the cream is the first line of therapy for all types of acne and it also provides skin moisturization
The others product segment is expected to register the fastest CAGR over the forecast period due to the lightness of these products on the skin and compatibility with various skin types, as compared to creams & lotions
The women end-use segment held a dominant share of the market in 2020 and is expected to grow at the fastest CAGR during the forecast period, owing to a high prevalence of acne and other skin disorders
Asia Pacific is anticipated to be the largest as well as the fastest-growing regional market from 2021 to 2028 due to increasing disposable income levels and growing population in developing countries

Competitive Landscape

Mergers & acquisitions are one of the key sustainable strategies undertaken by market players. For instance, L’Oréal, is planning to undertake mergers& acquisitions in India to expand its skin and make-up portfolio to meet the country’s increasing demand for cosmetic products. The manufacturers of skin booster products are aiming to strengthen their tie-ups with aesthetic facilities like dermatology clinics and Medspa in order to generate revenue. For instance, in October 2020, Allergan acquired the aesthetics division of Luminera which is an Israeli Research And Development company specializing in dermal fillers that are easy for injectors to work with and provide natural-looking, skin rejuvenating results

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com/sector-reports-list

Metal Cans Industry Forecast: Trends and Opportunities for 2023-2030

Metal Cans Industry Data Book | Forecast 2030

Metal Cans Industry Data Book – Aluminum Cans, Beverage Cans, Food Cans, 2- Piece Cans Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s Metal Cans industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

Access the Global Metal Cans Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Beverage Cans Market Report Highlights

The global beverage cans market size is expected to surpass USD 59.6 billion by 2030, according to a new report by Grand View Research, Inc., The market is expected to expand at a CAGR of 5.3% from 2023 to 2030.

In terms of revenue, the steel segment is projected to ascend at a CAGR of 2.3% over the forecast period. As steel has ambient nature, cans made from it need not be cooled during the packaging and shipping process, thereby simplifying logistics and enabling cost-saving storage. Steel cans are easily separated in recycling facilities from other waste using magnetic equipment, also can be recycled repeatedly without losing the quality of steel. Thus the material is experiencing growth in the global market

The aluminum segment accounted for the maximum volume share of 95.2% in 2022. The increasing focus on the recycling of discarded metal products is projected to support the growth of the aluminum can market over the forecast timeframe is projected to support the market growth. According to National Packaging Waste Database, the recycling rate of aluminum rose to 56% in 2019, increasing year on year by 4% from 52% in 2018 and 41% from 2010

Companies in the industry for beverage cans have been continuously improving the aesthetics, product strength, and shelf life of the packaged beverage. In July 2021, BALL CORPORATION announced its plans to build new aluminum beverage packaging plants in the U.K. With significant growth of sustainable cans in categories, including wines, waters, hard seltzers, and ready-to-drink cocktails, the company also plans to open new cutting-edge facilities for facilitating increased revenue and increase its market share in the country

Order your copy of the Free Sample of “Metal Cans Industry Data Book – Aluminum Cans, Beverage Cans, Food Cans, 2- Piece Cans Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030”, Data Book published by Grand View Research

Aluminum Cans Market Analysis And Forecast

The increasing awareness about the sustainability benefits associated with aluminum packaging coupled with easy recycling at infinite times without losing quality and less energy consumption is the major factor driving the market growth. According to the Metal Packaging Europe and European Aluminum, the recycling rate of aluminum beverage cans in the European Union including the United Kingdom, Switzerland, Norway, and Iceland was 73% in 2020.

Furthermore, as per the proposed new draft for a Packaging & Packaging Waste Regulation of the EU, aluminum cans meet the highest recyclability performance grade of 95%. Additionally, it allows varied customization including closure type, size, quality, and logo printing as per the requirement of end users also one of the major factors supporting the growth.

Beverage Cans Market Analysis And Forecast

The global beverage cans market is expected to register substantial growth driven by the rising demand for aluminum cans. The demand for highly portable and superior beverage packaging for protection from external environment is primarily contributing to market growth. The market for beverage cans is highly dominated by the use of aluminum cans on account of superior properties such as lightweight and growing aluminum recycling, primarily in Europe, North America, and Brazil. In addition, increasing demand for aluminum cans for use in packaging alcoholic beverages such as beer is expected to drive the market growth over the forecast period.

The demand for beverage cans is expected to be driven by the rising consumption of non-alcoholic beverages. In addition, increasing introduction of fruit juices and sports drinks in can packaging are expected to benefit the market growth. The market for beverage cans is expected to register high growth due to growing consumption of ready to drink beverages that primarily use cans as a packaging option.

Go through the table of content of Metal Cans Industry Data Book to get a better understanding of the Coverage & Scope of the study

Food Cans Market Analysis And Forecast

The demand for processed and ready to eat foods including canned foods have been high in demand owing to their longer shelf life and convenience in usage. Convenience food includes a variety of products like frozen vegetables, soups, meat, and fruits. The cans holds properties such as strength, recyclability, rustproof, protection against oxygen and light weight properties that protects the contents very efficiently by maintaining nutritional value, flavor, and aroma of the food product. Therefore, the canned food doesn’t require specific temperatures for storage yet offers longer shelf life.

Various technologies in can filling and can manufacturing such as vacuum filling, gas filling and multi-fill capabilities have been further contributing to the demand of food cans in the market. Furthermore, the demand for canned food products increased tremendously following the outbreak of COVID-19 in 2020 as people across the globe were stockpiling canned food due to its good sustainability. Due to the uncertainty of food supplies, people preferred canned beans, vegetables, fruits, and meat products as these can be preserved for a long time as compared to fresh food products.

2- Piece Cans Market Analysis And Forecast

2-piece cans include and 2- Piece Draw Redraw (DRD), 2- Piece Drawn and Ironed (DWI) types. The laminated flat tinplate undergoes stamping of the circular disc, thus forming a shallow cup by drawing through a circular die, and then the cup is re-drawn on a second or third die to produce a can body of desired shape and size. The cans are manufactured using the aforementioned process termed DRD cans. Furthermore, DWI cans are made from a metal coil sheet, which is drawn into a cup shape and then wall-ironed into a can shape with several stages of wall ironing.

The 2- piece drawn and ironed (DWI) cans are leading the market with a maximum revenue share as of 2022 and the segment is also projected to continue with its dominance throughout the forecast period. Additionally, the growth of the segment is also anticipated to be the fastest with a CAGR of 6.4% from 2022 to 2030.The 2- piece drawn and ironed (DWI) cans are leading the market with a maximum revenue share as of 2022 and the segment is also projected to continue with its dominance throughout the forecast period. Additionally, the growth of the segment is also anticipated to be the fastest with a CAGR of 6.4% from 2022 to 2030.

Competitive Insights

The metal cans market is highly fragmented with the presence of various small-sized and medium-sized players. Metal Cans manufacturers are also making strategic efforts to expand their production capacities and geographical footprints along with the increase in the profit share in the global market. Metals cans market players are also focusing on sustainable packaging solutions and their reuse or recycling owing to the increasing rules and regulations by the respective government for suppressing the use of plastic packaging.

Additionally, metal cans application industry players like PepsiCo and Coca-Cola Inc. are also expanding their product reach to the end users via online marketing channels due to their ability to reach an effective target audience further supporting the growth. Furthermore, the continuously rising efforts by the respective government of the countries the protection the environment from increasing packaging waste are likely to exhibit significant changes in the manufacturing practices of players in the market over the forecast period..

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About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

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Personal Protective Equipment Industry: Hand Protection Equipment Market Healthcare End-Use Segment Dominated For The Maximum Share

Personal Protective Equipment Industry Data Book | Forecast 2030

Personal Protective Equipment Industry Data Book – Hand Protection Equipment, Fall Protection and Respiratory Protection Equipment Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s personal protective equipment industry databook is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook report and summary presentations on individual areas of research.

Access the Global Personal Protective Equipment Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Hand Protection Equipment Market Report Highlights

The global hand protection equipment market size is anticipated to reach USD 37.8 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.9% from 2022 to 2030.

· The durable gloves segment accounted for the maximum shareof the global revenue in 2021 owing to the wide-scale usage of durable gloves in the manufacturing industry as they offer protectionagainst injuries arising from cuts, burns, and chemicals

· The healthcare segment accounted for the highest revenue share in 2021 on account of government regulations urging industries & governments to increase the production of hand protection equipment

· Hand protection equipment made from natural rubber led the industryin 2021. Natural rubber is flexible and is ideal for handling hazardous chemicals or materials, which drives its demand

· Europe accounted for the maximum revenue share in 2021 owing to the increased COVID-19 cases in Germany, Italy, France, Italy, Spain, and the U.K. and the high number of occupational injuries, with an urgent requirement for hand protection equipment

· To cater to the increasing product demand from the medical and healthcare sectors, companies have started expanding their businesses through mergers, acquisitions, development of new production plants, and geographic expansion strategies

Order your copy of the Free Sample of “Personal Protective Equipment Industry Data Book – Hand Protection Equipment, Fall Protection and Respiratory Protection Equipment Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030”, Data Book published by Grand View Research

Fall Protection Market Report Highlights

The global fall protection market size is expected to reach USD 4.77 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 7.0% during the forecast period.

· The soft goods segment led the global industry in 2021 owing to increasing demand for harnesses coupled with rising awareness pertaining to worker safety in various end-use industries

· The construction industry is expected to witness considerable growth from 2022 to 2030 on account of mandates by governments of various countries to reduce the number of accidents and causalities during construction activities

· Asia Pacific is expected to witness the fastest CAGR during the forecast period owing to a rise in M&A activities and increased infrastructure development by governments, thus driving the industrial construction sector

· North America is expected to be the largest region in terms of global revenue during the forecast period, owing to rising worker safety concerns, and early adoption of cutting-edge technology

· In January 2022, Diversified Fall Protection (DFP) completed the acquisitions of two similar line companies, namely Rooftop Anchor, Inc. (RTA) and Versatile Systems

· In November 2021, Rothoblaas increased its line of fall prevention systems & protective gear. This allowed the firm to broaden its product range while also meeting the technical & regulatory international standards for its goods

Go through the table of content of Personal Protective Equipment Industry Data Book to get a better understanding of the Coverage & Scope of the study

Industrial Protective Clothing Market Report Highlights

The global industrial protective clothing market size is expected to reach USD 31.18 billion by 2030, registering a CAGR of 6.9% during the forecast period.

· Chemical defending protective clothing segment is expected to witness growth at a CAGR of 7.1% from 2022 to 2030. The chemical defending garments protect the employees against exposure or contact with chemicals

· The heat &flame protective clothing application segment is expected to witness growth at a CAGR of 7.3% during the forecast period on account of its ability to protect from threats such as arc flashes, fires, and electrical flashes

· Cleanroom protective clothing was accounted for 16.9% share of the global revenue in 2021 owing to the benefits of raw materials such as single-layer polypropylene (low cost), SMS (robust, resistant to liquid, minimal linting, and spun bound polypropylene(lightweight)

· In the construction industry protective clothing is used to protect the workers from hazards such as weather changes, electricity, impact, and fire. Growing construction, oil & gas industries is expected to drive segment expansion

· In January 2022, Kimberly Clark Corporation introduced Kimtech Opal Nitrile Gloves. These novel gloves are intended for use in research and manufacturing facilities, life sciences, and non-sterile medication manufacturing applications.

Industrial Protective Footwear Market Report Highlights

The global industrial protective footwear market size is expected to reach USD 17.08 billion by 2030 according to a new report by Grand View Research, Inc, expanding at a CAGR of 6.8% over the forecast period.

· Leather protective footwear accounted at 35.6% of the global market revenue in 2021 due to attributes such as durability, comfort, and ease of cleaning, as well as high mechanical performance such as resistance to wear and tear.

· The manufacturing application sector accounted at 27.0% of the global market revenue in 2021 owing to favorable government efforts and the growing workforce in the manufacturing

· The construction application sector accounted at 15.6% of the global market revenue in 2021 owing to an increase in the number of fatal accidents, which has fueled the adoption of safety shoes among builders in order to improve worker safety.

· Occupational injuries, coupled with the need for highly effective wear & tear resistant and high utility protective footwear, are predicted to drive demand in Europe at a CAGR of 6.2% over the forecast period.

· In January 2021, Honeywell announced that the company has signed an agreement to sell its performance and lifestyle footwear business to Rocky Brands for approx. USD 230 Million.

Competitive Landscape

Major players in the personal protective equipment market include 3M, Honeywell International, Lakeland Industries Inc., DuPont, Uvex safety, Mine Safety Appliances (MSA) Company, Kimberly-Clark Corporation, Radians, and Gateway Safety, Inc. The industry focuses on research & development activities to develop new technologies for manufacturing products and integration across various stages of the value chain to gain a competitive edge in the market.

Strategies adopted by the companies usually include product portfolio expansion, product development, and distribution network expansion. Honeywell International, Inc. is one of the key players engaged in launching new products as a part of its strategic initiative. The products launched by the company in the last few years include portable gas detectors, Ne-Hon-6, and toxin-resistant hoods for firefighters. Moreover, the company is involved in technological advancements such as hands-free and wearable connected plant

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About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

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Cryptocurrency Industry: Cryptocurrency Exchange Platform Market is Segmented Based On Cryptocurrency Type, And End Use By 2030

Cryptocurrency Industry Data Book | Forecast 2030

Cryptocurrency Industry Data Book – Cryptocurrency Mining Hardware & Exchange Platform, Crypto Wallet, Cryptocurrency Payment Apps and Crypto ATM Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 – 2030

Grand View Research’s cryptocurrency industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Cryptocurrency Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Cryptocurrency Exchange Platform Market Report Highlights

The global cryptocurrency exchange platform market size is expected to reach USD 264.32 billion by 2030, growing at a CAGR of 27.8% from 2022 to 2030.

The Ethereum segment is expected to witness a significant CAGR over the forecast period owing to its dominance in the Decentralized Finance (Defi) space

Moreover, the growing number of Non-Fungible Token (NFT) projects is expected to increase the demand for Ethereum exchanges

The personal end-use segment is expected to witness the fastest CAGR over the forecast period

The growth is due to the rising awareness about cryptocurrencies in developing countries, such as Nigeria and the Philippines, and the growing emphasis on digital currencies in developed countries, such as the U.S., Canada, Japan, and others

Asia Pacific is expected to witness the fastest CAGR over the forecast period due to technological advancements and rising awareness about blockchain technology

People in the region are inclined toward cryptocurrency investment as an alternative to traditional investment options, thereby increasing the need for cryptocurrency exchange platforms

Order your copy of the Free Sample of “Cryptocurrency Industry Data Book – Cryptocurrency Mining Hardware & Exchange Platform, Crypto Wallet, Cryptocurrency Payment Apps and Crypto ATM Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 – 2030”, published by Grand View Research

Crypto Wallet Market Report Highlights

The global crypto wallet market size is expected to reach USD 48.27 billion by 2030, registering a CAGR of CAGR of 24.8% from 2023 to 2030.

The hot wallets segment is expected to witness significant growth during the forecast period. Hot wallets are downloadable crypto wallet software linked to the internet and can be downloaded on mobiles or desktops. The hot wallets are accessible and easy to use, making them a popular type of crypto wallet. The increasing use of smartphones and rising internet penetration are the factors expected to contribute to the growth of the segment

The android segment is expected to witness significant growth during the forecast period. A private crypto wallet that uses the android operating system is generally a non-custodial, hot software wallet that can be downloaded on android devices. These crypto wallets allow users to trade cryptocurrencies while managing their private keys. Increasing adoption of android smart phones is driving the growth of the android segment

The remittance segment is expected to register significant growth throughout the forecast period. Cryptocurrency remittance enables immediate fund transfers in real-time at lower processing fees. Cryptocurrency companies are increasingly offering remittance services to cater to the growing demand from cryptocurrency users. Increasing demand for cryptocurrency is expected to fuel the segment’s growth

The individual segment is expected to register significant growth during the forecast period. The global cryptocurrency users increased from 106 million in January 2021 to 295 million in December 2021. Growing demand for the cryptocurrencies used for trading, store of value, remittance, and payments is expected to drive the growth of the individual segment

The Asia Pacific is anticipated to emerge as the fastest-growing regional market owing to a larger customer base and a significant number of startups investing and innovating in the digital currency landscape. The increasing number of technologically inclined financial investors is also expected to drive the crypto wallet market in the region

Go through the table of content of Cryptocurrency Industry Data Book to get a better understanding of the Coverage & Scope of the study

Cryptocurrency Payment Apps Market Report Highlights

The global cryptocurrency payment apps market size is expected to reach USD 2.15 billion by 2030, growing at a CAGR of 16.6% from 2022 to 2030.

The Bitcoin segment is expected to dominate the market during the forecast period owing to the growing popularity of bitcoin as a medium of exchange for products and services.

The online payment segment is expected to witness the fastest growth during the forecast period. The strong and continual growth of the online platforms which accepts cryptocurrency as a payment option is contributing to the growth.

The android segment dominated the market in 2021. The dominance is attributable to the proliferation of android smartphones owing to the affordability factor as they are comparably cheaper than iOS-based smartphones.

The businesses segment is expected to dominate the market during the forecast period owing to the increased adoption of cryptocurrency payment apps among businesses.

The North America region is expected to dominate the market during the forecast period due to the presence of several prominent players in the region.

Crypto ATM Market Report Highlights

The global crypto ATM market size is expected to reach USD 5,450.9 million by 2030, registering a CAGR of 62.5% from 2023 to 2030

In 2022, the one-way segment dominated the market. The growth of the segment can be attributed to the rising demand for one-way crypto ATMs for purchasing cryptocurrencies. One-way ATMs are one of the secure methods available to enable users to buy cryptocurrencies and minimize fraud

The hardware segment dominated the market in 2022. The Crypto ATM hardware includes components such as a display, printer, scanner, cash dispenser, and others which are essential for building a crypto ATM, which is eventually driving the growth of the hardware segment

The bitcoin segment dominated the market in 2022. The growth of the segment is attributable to the growing popularity and acceptance of bitcoin by several merchants around the globe

The restaurants and other hospitality spaces segment accounted for the maximum market share in 2022. The growth of the segment can be attributed to the growing deployment of crypto ATMs by various restaurants to provide customers ease in the purchase of cryptocurrency for USD

North America dominated the regional market in 2022. The high availability of crypto ATMs and legalization of cryptocurrency across the region bode well with the growth of the regional market

Competitive Landscape

The key players in the market have developed novel concepts & ideas, upgraded the current set of products, and enhanced their profitability to sustain the intense competition in the market. The market players have adopted new product development as their key developmental strategy to cater to the increasing demands of end users. Additionally, they have obtained approvals to launch their products across various countries. For instance, in May 2022, Robin Hood, a financial service company, announced the launch of a new independent Web 3.0 cryptocurrency wallet that will cover clients’ transaction costs on the blockchain network without keeping control of their assets.

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About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

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Flooring Sector: Ceramic Tiles, Resilient Flooring, Soft Covering Flooring, Wood & Laminate Flooring Markets Report

The flooring industry size will witness an appreciable gain in the wake of the growing construction industry and burgeoning urbanization, according to the “Flooring Industry Data Book, 2023 – 2030,” published by Grand View Research. The bullish outlook is mainly attributed to the surging demand for commercial and residential spaces across emerging and advanced economies. Moreover, a renewed focus on renovation & remodeling has reinforced the market growth. Notably, energy efficiency retrofits propelled by the Inflation Reduction Act of 2022 in the U.S. will act as a growth enabler of home remodeling.

Brands have exhibited an increased inclination for cost-effective renovation solutions to meet climate resilience. Amidst energy security concerns, sustainable flooring, including recycled materials, has received traction. Interior designers, commercial flooring contractors, homeowners and other stakeholders are pitching to avoid or limit the use of toxic chemicals in production. Notable consumer trends are likely to drive the industry toward greater sustainability.

Order your copy of the Free Sample of “Flooring Industry Data Book – Ceramic Tiles, Resilient Flooring, Soft Covering Flooring, Wood & Laminate Flooring Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Commercial and residential settings have upped focus on ceramic tiles for (including but not limited to) sustainability, durability, water resistance and low maintenance. Prominently, these tiles do not emit VOC and prevent the development of bacteria or germs. Of late, digitally printed ceramic tiles have gained ground to foster aesthetic effects. Printing design on tiles has become the mega-trend spurring the beauty of interiors. Consumers have sought ceramic tiles across commercial areas, living rooms, kitchens, bathrooms, terraces, swimming pool areas, offices, balconies, porches, parking areas and restaurants. Moreover, the real estate sector is poised to bank on porcelain tiles for more moisture resistance, high durability and availability of a wide range of styles.

Manufacturers are slated to explore the upsides of vinyl flooring for immensely low maintenance and increased durability. Brands will likely bank on resilient materials for performance attributes and appealing visuals. In essence, luxury vinyl tile has provided an impetus as an alternative to hardwood flooring, prompting architects and interiors to count on the former material. Accordingly, the resilient flooring market will witness notable growth with technological advancements to boost scratch resistance and noise mitigation. The growth could be partly due to strong demand from healthcare applications, including hospitals, daycare centers and nursing homes. Since hospitals are exposed to high traffic, vinyl flooring is expected to be a favorable choice due to its resiliency, increased durability and comfort.

Go through the table of content of Flooring Industry Data Book to get a better understanding of the Coverage & Scope of the study

Forward-looking companies are poised to capitalize on the trends, opportunities and drivers to tap into the global market.

Soft covering flooring has emerged as a promising portfolio in light of the demand from the tourism and hospitality sector. For instance, demand for carpets will continue to soar with notable penetration across hotels, homes and the retail sector.
Stakeholders are expected to inject funds into wood and laminate flooring due to easy installation & cleaning, impact resistance and aesthetic appeal.
The North America market will likely witness notable investments in flooring, partly attributed to the expanding construction industry, along with growing renovation & refurbishment activities. Besides, burgeoning urbanization against the backdrop of migration and infrastructural developments will also undergird the regional market growth.

Stakeholders envisage the Asia Pacific as a happy hunting ground as residential and commercial players seek various flooring options for longevity, durability and timeless style. Renovation, improvement projects and construction activities have become pronounced across China, India, Australia and Japan, prompting industry leaders to infuse funds into the landscape. The growth outlook comes on the heels of the rising footprint of smart city projects and the expansion of the real estate sector. Additionally, the havoc wrecked by the COVID-19 pandemic has compelled consumers to seek germ- and bacterial- resistant tiles, a trend likely to engineer innovations in the Asia Pacific flooring industry.

The competitive nature of the marketplace alludes to an emphasis on geographical expansion, technological advancements, product offerings, innovation, partnerships and mergers & acquisitions. Investments in organic and inorganic strategies will underpin the development of the market. For instance, in June 2022, Mohawk Industries announced the acquisition of the Vitromex ceramic tile business from Grupo Industrial Saltillo for around USD 293 million in cash. The purchase will bolster Mohawk’s position in the Mexican ceramic tile market.

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
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Food Packaging Industry: Flexible Food Packaging, Fresh Food Packaging, Food Container and Micro-perforated Food Packaging Markets

Food Packaging Industry Data Book | Forecast 2030

Food Packaging Industry Data Book – Flexible Food Packaging, Fresh Food Packaging, Food Container and Micro-perforated Food Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s food packaging industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

Access the Global Food Packaging Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Food Packaging Market Report Highlights

The global food packaging market size is expected to reach USD 562.3 billion by 2030, expanding at 5.7% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc.

Flexible packaging is expected to register the highest CAGR of 6.3% in terms of revenue from 2023 to 2030, owing to its cost-effectiveness, high performance, and constant innovations undertaken by major manufacturers
Paper & paper-based packaging is estimated to be the fastest growing segment, exhibiting a CAGR of 6.4% from 2023 to 2030, owing to its low cost and sustainability
The bakery and confectionary segment is anticipated to be the largest application, which recorded a market value of USD 100.6 billion in 2022, due to growing demand for cakes, candies, and frozen ready-to-eat bakery products
Asia Pacific is expected to dominate the food packaging industry in 2022 and is expected to continue its dominance on account of a growing population, increasing urbanization, and rising disposable income of consumers
The food packaging industry is highly fragmented and is characterized by the presence of a large number of players. Key players comprise Amcor Plc., Ball Corporation, Berry Plastic Group, and DS Smith PLC
In May 2023, Amcor plc inked a definitive agreement to acquire New Zealand-based Moda Systems. This acquisition is expected to help Amcor expand its existing film portfolio and offer an end-to-end packaging solution incorporating even the sales of packaging machines

Fresh Food Packaging Market Report Highlights

The global fresh food packaging market size is expected to reach USD 181.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.0% from 2021 to 2028.

The flexible segment accounted for a significant revenue share of 47.6% in 2020. Manufacturers are actively investing in increasing the production capacity of flexible packaging owing to the increasing preference for economical and low-cost packaging by the application industry
The plastic material segment accounted for the largest revenue share of 37.2% in 2020 and is expected to witness a CAGR of 4.7% over the forecast period. Abundant raw material availability and lower costs owing to high production levels in APAC and North America are responsible for the high market share
The dairy products segment dominated the market in 2020 and is expected to witness a CAGR of 5.3% over the forecast period. Higher dependency on milk for daily protein requirement in developing countries is expected to drive the demand for dairy products, thereby driving the market
In Asia Pacific, the market is estimated to witness the highest CAGR of 6.3% from 2021 to 2028. Abundant raw material availability and large output from application industries are responsible for the high market share and fastest growth
Key companies are increasingly offering custom packaging solutions to end-use companies; besides key companies are increasingly focusing on the use of recycled material as it offers complete sustainability

Order your copy of the Free Sample of “Food Packaging Industry Data Book – Flexible Food Packaging, Fresh Food Packaging, Food Container and Micro-perforated Food Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030”, published by Grand View Research

Food Container Market Report Highlights

The global food container market size is anticipated to reach USD 201.9 billion by 2028, registering a CAGR of 4.2% over the forecast period, according to a new report by Grand View Research, Inc.

The plastic material segment accounted for the largest revenue share of over 46% in 2020 owing to high demand for plastic as it is durable, inexpensive compared to alternatives, and available in different shapes and sizes
The metal segment is expected to grow at a significant CAGR from 2021 to 2028 owing to properties of metal, such as reusability and durability. However, the material’s higher price and weight compared to plastic may retrain the segment growth
The cans product segment is expected to witness the fastest CAGR from 2021 to 2028 on account of the increasing demand for canned foods across the globe, such as canned tuna and vegetables/fruits
The bottles and jars product segment accounted for the maximum revenue share in 2020 and will expand at a steady CAGR from 2021 to 2028

Micro Perforated Food Packaging Market Report Highlights

The global micro-perforated food packaging market size is projected to reach USD 1.96 billion by 2025 expanding at a CAGR of 5.7% during the forecast period, according to a new report by Grand View Research, Inc.

In terms of revenue, the global micro-perforated food packaging market is anticipated to reach USD 1.96 billion by 2025, at a CAGR of 5.7% from 2018 to 2025
By material type, polypropylene is expected to witness steady growth over the forecast period owing to increasing demand from food manufacturers
On the basis of application, fruits & vegetables dominated the market with a revenue-based share of 48.1% in 2017, owing to significant demand from retail stores
The competition is intense among key players owing to the fact that the products offered by manufacturers have low differentiation
Some of the key companies present in the market are Sealed Air, Mondi, Bolloré Group, Amcor Limited, Uflex Ltd, TCL Packaging, COVERIS, Amerplast, NOW Plastics, and Aera.

Go through the table of content of Food Packaging Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Insights

The food packaging market is characterized by intense competition, with both public and private companies focusing on product development and innovations. Public companies with established production bases, expanded product portfolios, and distribution channels are gaining a competitive edge in the market. Key public companies present in the market include Berry Global Inc. Amcor Plc, and DS Smith. Along with food packaging, companies also provide packaging solutions for healthcare, cosmetics, food service, and industrial sectors.

In April 2022, WestRock Company partnered with a Canada-based food chain named Swiss Chalet Partners to introduce paperboard recyclable packaging for their Canada outlets
In May 2022, Berry Global, Inc. launched a plastic cup in partnership with Taco Bell, which contained mechanically recycled post-consumer resins (PCR).
In April 2022, Mondi provided a thermally protective and recycled packaging solution to a London-based food startup named Tyme.

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Neurodegenerative Disease Therapeutics Industry Data Book – Parkinson’s Disease Treatment And Alzheimer’s Therapeutics Market

Neurodegenerative Disease Therapeutics Industry Data Book | Forecast 2030

Neurodegenerative Disease Therapeutics Industry Data Book – Parkinson’s Disease Treatment and Alzheimer’s Therapeutics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s neurodegenerative disease therapeutics industry data book is a collection of market sizing & forecasts insights, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses studies. Within the purview of the database, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.The following data points will be included in the final product offering in two reports and one sector report overview.

Access the Global Neurodegenerative Disease Therapeutics Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Alzheimer’s Therapeutics Market Report Highlights

The global Alzheimer’s therapeutics market size is expected to reach USD 15.19 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.99% from 2023 to 2030.

By product, the cholinesterase inhibitors segment held the largest revenue share in 2022 as it is the current standard of care. In March 2022, the U.S. FDA approved the cholinesterase inhibitor Adlarity (donepezil hydrochloride) developed by Corium Inc. for the treatment of patients with AD
Pipeline drugs are anticipated to witness the fastest growth over the forecast period due to the presence of a strong product pipeline and their expected launch during the forecast period. Biogen’s product lecanemab (BAN2401), an anti-amyloid beta protofibril antibody for treating AD, is currently in phase 3 clinical trials
The hospital pharmacy end-user segment dominated the market in 2022 owing to the high hospitalization rate. According to Alzheimer’s Association report 2022, approximately 32% of total Medicare beneficiaries with Alzheimer’s have at least one hospital discharge annually

Order your copy of the Free Sample of “Neurodegenerative Disease Therapeutics Industry Data Book – Parkinson’s Disease Treatment and Alzheimer’s Therapeutics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030”, published by Grand View Research

Parkinson’s Disease Treatment Market Report Highlights

The global Parkinson’s disease treatment market size is expected to reach USD 11.98 billion by 2030, according to a new report by Grand View Research, Inc., growing at a CAGR of 12.1% from 2022 to 2030.

By drug class, the Carbidopa-Levodopa segment held the largest revenue share in 2021 due to the high prevalence of PD and easy drug availability for the disease treatment
The retail pharmacy distribution channel segment dominated the global industry in 2021
This is due to the easy availability of PD drugs in well-established retail pharmacy chains including Walgreens and Walmart
Asia Pacific is expected to be the fastest-growing region during the forecast period due to the entry of new products into the market
In June 2020, Ono Pharmaceutical Co., Ltd. received manufacturing and marketing approval for Ongentys to treat patients with PD in Japan

Go through the table of content of Neurodegenerative Disease Therapeutics Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Competitive rivalry in this market is likely to be high due to increasing number of mergers, acquisitions, and partnerships undertaken by major players globally. Many established and clinical-stage pharmaceutical companies are involved in the development of novel therapies & drugs to target people with unmet clinical needs. Furthermore, the companies are focusing on the development of strategic alliances and research collaborations with competitors. For instance, in January 2022, Mindset Pharma Inc. and McQuade Center for Strategic Research and Development, LLC entered into a partnership to promote the advancement of psychedelic medications.

Some of the key players in the neurodegenerative disease industry are Eisai Co., Ltd., AbbVie Inc. (Allergan Plc.), Merck & Co., Inc., Adamas Pharmaceuticals, Inc., Novartis AG,H. Lundbeck A/S, Cerevel Therapeutics, Biogen, Daiichi Sankyo Company, Limited, F. Hoffmann La Roche Ltd., TauRx Pharmaceuticals Ltd., Johnson & Johnson Services, Inc., AC Immune, Teva Pharmaceutical Industries Ltd., and GlaxoSmithKline plc. (GSK).

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Clinical Laboratory Industry key Market players: Bioscientia Healthcare GmbH, and Charles River Laboratories

The global clinical laboratory industry size garnered USD 321.20 billion in 2022 and is poised to exhibit a CAGR of 5.52% from 2023 to 2030, according to the “Clinical Laboratory Industry Data Book, 2023 – 2030,” published by Grand View Research. Heightened demand for early disease diagnosis tests and data management advancements have expedited the penetration of laboratories. Prominently, disease outbreaks, chemical releases and the need to avoid diagnostic errors have fueled the demand for safe, cost-effective, quality laboratory tests. Around 70% of medical decisions depend on laboratory test results, while around 40,000 to 80,000 people annually succumb to preventable diagnostic errors, cites the U.S. CDC.

An uptick in clinical laboratory tests across the U.S., the U.K., China and India has signified the importance of the healthcare system. The U.S. CDC further notes that around 260,000 CLIA-certified laboratories are in the country. Further, the aging population, along with the rising diabetic cases, has propelled the need for laboratory services. Lately, infectious disease testing and transplant diagnostic testing have become prevalent, alluding to robust industry growth.

Order your copy of the Free Sample of “Clinical Laboratory Industry Data Book – Clinical Laboratory Tests and Clinical Laboratory Service Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

In October 2022, Plexision announced the launch of personalized transplant diagnostic testing to forecast viral infections and rejections. The laboratory will also provide genetic testing, pharmacogenomics and drug-level monitoring. The global clinical laboratory tests market size was valued at USD 103.67 billion in 2022 and is expected to depict a CAGR of 9.42% from 2023 to 2030.

Soaring research activities and technological advancements in data management have encouraged stakeholders to inject funds into laboratory services. End-users have shown traction for early and accurate diagnosis amidst a surge in chronic diseases. As of June 8^th 2023, 454,928 studies have been registered on ClinicalTrials.gov. Besides, the emergence of state-of-the-art technologies, including biochips, companion diagnostics and microarrays, has augured well for market growth. The global clinical laboratory service market size was pegged at USD 217.53 billion in 2022 and will likely expand at a 3.24% CAGR through 2030.

Go through the table of content of Clinical Laboratory Industry Data Book to get a better understanding of the Coverage & Scope of the study

The opportunities, trends and other dynamics slated to reshape the industry outlook are delineated below:

The rising footprint of machine learning and AI has fostered drug development and molecule identification. It is worth noting that advanced technologies can cut costs linked with clinical studies and foster drug discovery.
Stakeholders are expected to push for enhancing laboratory safety and quality. In essence, around 14 billion laboratory tests are ordered annually.
The Asia Pacific market growth will be pronounced on the back of the flourishing healthcare sector and research activities.

Forward-looking companies envisage the U.S. and Canada to witness innovations, research and investments galore. North America has observed increasing penetration of virtual reality to foster laboratory competencies and mobile applications to enhance laboratory services. Diagnostic management has also grown by leaps and bounds to bolster the healthcare sector. Moreover, the economic toll of the COVID-19 pandemic prompted industry leaders to propel laboratory services. For instance, advancements in molecular technologies enhanced accuracy during COVID-19 testing. Clinical laboratories are expected to provide an impetus to precision medicine and underpin diagnosis, prevention and treatment. The regional outlook looks bullish on the back of expanding immunology testing, drug of abuse testing, disease testing and diagnostic testing.

The competitive landscape alludes to an infusion of funds into organic and inorganic strategies, such as technological advancements, R&D activities, innovations, geographical expansion, partnerships and mergers & acquisitions. For instance, in November 2022, Merck announced pouring over € 290 million (approximately USD 312 million) into biosafety testing capacity in the U.S. It will bode well for the drug development and commercialization process to augment medicines’ safety. Meanwhile, in April 2023, Lupin Limited rolled out a regional reference laboratory in Bengaluru, India to further its diagnostics network.

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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Blood Glucose Meters Industry: Continuous Glucose Monitoring Devices Market is expected to grow at a CAGR of 8.7% from 2023 to 2030

Blood Glucose Meters Industry Data Book | Forecast 2030

Blood Glucose Meters Industry Data Book – Point-of-care Glucose Testing Devices, Self-Monitoring & Continuous Blood Glucose Monitors Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s blood glucose meters market industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Blood Glucose Meters Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Blood Glucose Monitoring Devices Market Report Highlights

The global blood glucose monitoring devices market size is expected to reach USD 23.21 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.13% from 2023 to 2030. The market is expected to expand at a CAGR of 8.0% from 2022 to 2030.

North America held the largest revenue share in 2022 owing to favorable reimbursement policies, local presence of key players, and supportive government initiatives

Based on product, the self-monitoring devices segment held the largest revenue share of 66.5% in 2022 and is expected to grow at a significant pace over the forecast period

The continuous blood glucose monitoring devices product segment is expected to be the fastest-growing segment during the forecast period

In the self-monitoring devices, the testing strips segment accounted for the largest revenue share in 2022 owing to the high usage of these strips and affordability.

By end-use, the home care segment is expected to grow at a rapid pace during the forecast period

Continuous Glucose Monitoring Devices Market Report Highlights

The global continuous glucose monitoring devices market size is expected to reach USD 11.2 billion by 2030, registering a CAGR of 4.4% from 2023 to 2030, according to a new report by Grand View Research, Inc.

By component, the sensors segment held a major share of the global market in 2022, owing to the integral nature of these devices

By end-use, the home care segment dominated the market in 2022, owing to favorable reimbursement and higher adoption especially due to the outbreak of the COVID-19 pandemic, and the rise in virtual care

The Bluetooth segment held the larger share of 56.3% in the connectivity segment, due to the need for the replacement of Bluetooth-enabled sensors and the cost associated with its manufacturing

North America dominated the market in 2022, attributed to the wide usage of CGM devices as a result of a higher number of target patients in the region

Europe followed North America closely in terms of market revenue due to a rise in the adoption of these devices in key countries

Order your copy of the Free Sample of “Blood Glucose Meters Industry Data Book – Point-of-care Glucose Testing Devices, Self-Monitoring & Continuous Blood Glucose Monitors Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Point-of-Care Glucose Testing Market Report Highlights

The global point-of-care glucose testing market size is expected to reach USD 4.51 billion by 2030, registering a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc.

Accu-Chek Inform II accounted for the second-largest share in 2022 and is anticipated to maintain this trend throughout the forecast period

Bayer Contour blood glucose monitoring system is set to grow at a CAGR of 6.1% from 2023 to 2030

North America is the leading regional market due to the higher penetration of novel diagnostic techniques

Asia Pacific is estimated to register the fastest CAGR owing to the ever-increasing prevalence of diabetes and numerous untapped growth opportunities in diagnostics

Moreover, a robust network of local manufacturers has significantly contributed to the revenue generated in this region

Go through the table of content of Blood Glucose Meters Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Technological advancements: especially in case of biosensors, Bluetooth integration, & real-time alerts, and price competitiveness are two of the major strategies mostly focused on by the major market players. Each new product is designed to be easier to use by its antecedents and laced with connectivity. Increasing awareness of advanced diabetes management tools is among the top priority of market players.

Mentioned below are some of the key strategies followed by major players in recent years:

In April 2021, Medtronic announced its ongoing commitment to health equity for people of colour living with diabetes. To better understand and address these discrepancies, the company committed investments in collaborations with the American Diabetes Association (ADA) and T1D Exchange, as well as additional research activities.

Grand View Research’s Blood Glucose Meters Industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

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Electric Mobility Industry Data Book Forecast Report 2023 – 2030

The global electric mobility industry size stood at USD 101.67 billion in 2022 and will exhibit a CAGR of 19.9% from 2023 to 2030, according to the “Electric Mobility Industry Data Book, 2023 – 2030,” published by Grand View Research. The growth comes on the back of an exponential rise in smart cities and a gradual uptick in charging infrastructure. Further, the strong outlook of electric mobility will rely on the launch of new EVs, innovations in automotive technologies, urbanization and per capita income. Mass awareness and education regarding electric mobility will elevate the trajectory of EVs across emerging and advanced economies.

Global push to adopt sustainable practices and strong policies to curb carbon emissions have expedited the penetration of electric two-wheelers. Besides, several automakers have upped investments in research and development activities to augment the footprint of e-scooters. To illustrate, in April 2022, Honda Motor announced pouring USD 64 billion into R&D to introduce 30 EV models globally by 2030.

EV manufacturers are bullish about the flurry of innovations, including regenerative braking system advancements of battery technology. Predominantly, the regenerative braking system has provided a fillip as it helps to minimize maintenance costs through reduced wear and tear. The electric two-wheeler market size was pegged at USD 91.07 billion in 2022 and will witness a healthy CAGR of 13% between 2023 and 2030.

Order your copy of the Free Sample of “Electric Mobility Industry Data Book – Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

With the decarbonization of vehicle fleets becoming more pronounced, electric light commercial vehicles (e-LCVs) are poised to gain ground. An expeditious growth of e-commerce and online grocery will reinforce the brand position. Lately, instant delivery and same-day delivery have gained considerable momentum, a trend witnessed during the COVID-19 pandemic that will continue in the ensuing period. Furthermore, the proliferation of recreational vehicles and logistics has spurred, along with the demand for LCVs in construction, gardening and landscape. The electric light commercial vehicles market size was valued at USD 9.30 billion in 2022 and will depict a strong CAGR of 39% through 2030.

Trends and opportunities expected to be witnessed in the near term are highlighted below:

Industry players are likely to underscore electric three-wheelers in their portfolios following the growing penetration of delivery- and passenger-car –vehicles.
The automotive landscape suggests state-of-the-art technologies, including AI, IoT, big data, 3D printing and vehicle-to-everything will redefine the global market.
Competitive trends in Asia Pacific will likely encourage OEMs and other stakeholders to inject funds into electric mobility on the back of the rising footprint of e-bikes and other EVs across China, India, Australia and Japan.

Europe has emerged as a promising market where EV adoption has reached an unprecedented height over the past few years, mainly due to shifting consumer preference towards sustainable transportation and bullish policies. For instance, in October 2022, the European Parliament and Council reached an agreement that will require all new cars and vans registered in Europe to be zero-emission by 2035. The “Fit for 55” proposal will warrant average emissions of new vans to dip by 50% and new cars by 55% by 2030. The European Environment Agency noted that in 2021 electric car registration in the EU market contributed nearly 18% of newly registered passenger cars. In 2021, around 63% of BEV registration in the EU-27 and non-EU EEA countries was attributed to France, Germany and Norway.

Go through the table of content of Electric Mobility Industry Data Book to get a better understanding of the Coverage & Scope of the study

With the transport sector being one of the major contributors to GHG emissions, investments in e-mobility could help them achieve climate neutrality objectives. Financial incentives, including exemptions and tax reductions, will ramp up EV adoption, thereby fostering electric mobility.

The competitive scenario alludes to notable investments in organic and inorganic growth strategies, such as product offerings, technological advancements, R&D, collaborations, mergers & acquisitions and geographical expansions. To illustrate, in July 2022, Lime rolled out an AI-powered computer platform to enhance e-scooter safety. The company will start with its Advanced Sidewalk Detection system that can reportedly identify when the e-scooter is being ridden on a pavement (in real-time).

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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