According to Fortune Business Insights, Wax melts are pieces of scented wax that are melted to release a powerful scent into the air of residential and commercial spaces. They are used in office spaces, cafes, restaurants, and other public places to improve the overall ambience. Wax melts come in a wide range of sizes, colors, and fragrances to suit diverse preferences of individuals and enhance their overall experience. Moreover, they are longer lasting and more versatile as compared to the conventional candles, which will boost their demand.

Market   Overview:

The global   wax melts market   size was valued at USD 1.46 billion in 2024. The market is projected to grow from USD 1.52 billion in 2025 to USD 2.12 billion by 2032, exhibiting a CAGR of 4.84% during the forecast period. North America dominated the wax melts market with a market share of 36.06% in 2024.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• The Yankee Candle Company, Inc. (U.S.)
• East Coast Candles Company (U.S.)
• Bramble Bay Collections (Australia)
• Bridgewater Candle Company (U.S.)
• C. JOHNSON & SON, INC. (U.S.)
• Procter & Gamble (U.S.)
• Hampshire Candles (U.K.)
• Shearer Candles (U.K.)
• OLOR (U.K.)
• Kana Creations (India)

Segmentation:

Demand for Paraffin Wax Rises Owing to Its Widespread Use in Commercial Places

Based on product type, the market includes paraffin wax, beeswax, soy wax, and others. The paraffin wax segment is dominating the global market as this type of wax melt is extensively used in several commercial spaces, such as hotels, spas & salons, and restaurants as it can create a pleasant indoor environment.

Enhanced Mood and Energy Levels to Popularize Fresh/Citrus Fragrance Among Customers

Based on fragrance type, the market is divided into floral, fresh/citrus, fruity, and others. The fresh/citrus segment is expected to dominate the global wax melts market share as this fragrance is known to boost the mood and energy levels of individuals. This is why this wax melts of this fragrance are being widely used in aromatherapy.

Rising Network of Convenience Stores Boosts Product Sales from Retail Outlets/Offline Stores

Based on distribution channel, the market is divided into retail outlets/offline and e-commerce/online. The retail outlets/offline segment accounts for the biggest market share as the network of convenience stores, supermarkets, and hypermarkets is increasing across the world. These stores offer a wide range of wax melts in diverse price ranges.

The global market report analyzes the market’s growth across regions, such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading product types, fragrance types, distribution channels, and prominent market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Rising Awareness Regarding Home Hygiene and Décor to Bolster Market Growth

Customers across the world are becoming more aware of various home hygiene and décor products, such as candles, room sprays, incense sticks, essential oils, and wax melts. These products play a vital role in creating a pleasant environment at homes and in public spaces. Governments and NGOs are also launching various initiatives and campaigns to promote these home hygiene products. These factors are expected to boost the adoption of wax melts.

However, strong competition from substitutes can hinder the wax melts market growth.

Regional Insights:

North America Dominates Global Market Due to Rise in Construction of Residential Spaces

North America is dominating the global market as the region is witnessing a strong rise in the construction of residential spaces. Countries, such as the U.S., Mexico, and Canada are accelerating the construction of these spaces to accommodate the growing urban population. This factor is expected to boost the demand for modern home décor and hygiene products, such as wax melts.

Europe is also expected to record a commendable growth rate due to the growing popularity of scented home décor and scented products, such as candles to create a comfortable living environment at home.

Competitive Landscape:

Leading Manufacturers to Focus on Business Expansion to Increase Their Product’s Reach

The leading manufacturers operating in the wax melts market are focusing on expanding their business operations in various regions to increase the reach of their products and make more customers aware of their products. They are also launching unique wax melt products to cater to diverse customer requirements and preferences.

To know more about this market, please visit:   https://www.fortunebusinessinsights.com/wax-melts-market-112079

Notable Industry Development:

October 2024:   IRIS Home Fragrances, an Indian manufacturer of home fragrance products, launched a new collection of four exquisite Diwali gift sets. This set included wax melts, candles, reed diffusers, and other products to help their customers create a calm and peaceful environment at their homes.

August 2023:   Classic Candle, a U.K.-based home fragrance brand, announced the launch of MiniPot Wax Melts. These wax melts were created from white wax and featured in the brand’s signature classic packaging.

December 2022:   EMME NYC, a U.S.-based natural home fragrance products manufacturer, added two seasonal scents and wax melts to its production line. This launch was expected to enhance the company’s product portfolio.

February 2022:   Yankee Candles, a brand of Newell Brands headquartered in the U.S., announced the launch of its Well Living Collection. This collection was created with essential oils, a blend of soy and coconut wax, and natural fiber wicks.

According to Fortune Business Insights, air fryers are cooking devices that are widely used by households and commercial complexes, such as restaurants and hotels, to make a wide range of dishes. They use minimal oil to cook deep-fried dishes, thereby contributing to individuals’ overall health and well-being. Customers’ rising disposable incomes have helped them increase their investment in high-end and innovative cooking appliances. This is one of the many factors that will boost product sales and help the market grow.

Market   Overview:

The global   air fryer market   size was valued at USD 8.07 billion in 2024. The market is projected to grow from USD 9.40 billion in 2025 to USD 17.71 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 9.47% over the forecast period. Asia Pacific dominated the air fryer market with a market share of 46.22% in 2024.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Groupe SEB (France)
• Midea Group (China)
• Koninklijke Philips N.V. (Netherlands)
• Xiaomi Corporation (China)
• Spectrum Brands, Inc. (U.S.)
• Faber S.p.A. (Italy)
• Conair Corporation (U.S.)
• Meyer Corporation (U.S.)
• TTK Prestige Ltd. (India)
• NuWave, LLC. (U.S.)

Segmentation:

High Demand for Cutting-Edge Cooking Devices Helped Digital Segment Dominate Market

Based on type, the market is segmented into manual and digital. The digital segment dominated the market in 2024 as there is a high demand for cooking appliances that come with advanced features, such as multiple cooking options, digital connectivity, and voice control.

Affordability and Even Cooking to Boost the Usage of Basket Style Models

Based on model type, the global market is segmented into countertop models, toaster oven models, basket style models, and multi-cooker models. The basket style models segment will showcase the fastest growth rate as this model of air frying devices is more affordable than toaster and oven-style air fryers. Moreover, this model facilitates cooking various food items, further accelerating its adoption.

Sales of 3-5 Liter Air Fryers Increased Owing to Demand from Small Families

Based on capacity, the global market is segmented into up to 3 liters, 3-5 liters, 5-6 liters, and above 6 liters. The 3-5 liter segment dominated the market in 2024 as the demand for fryers of this capacity is rising among nuclear/small families as these devices can cook enough food for 2-3 people.

Supermarkets & Hypermarkets Led the Market Due to Availability of a Vast Variety of Products

Based on distribution channel, the market is segmented into supermarkets & hypermarkets, specialty stores, online channels, and others. The supermarkets & hypermarkets segment captured the largest air fryer market share in 2024 as these stores sell a diverse range of products, including affordable and premium cooking appliances.

Rising Inclination toward Oil-Free and Healthier Foods Fueled Product Adoption Across Households

Based on end user, the market is divided into households, foodservice facilities, and others. The household segment dominated the market in 2024 due to the increasing preference for oil-free and healthier foods among fitness enthusiasts.

The global market report analyzes the market’s growth across regions, such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading types, model types, product capacities, distribution channels, end users, and prominent market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Increasing Inclination Toward Energy-Efficient Cooking Devices to Fuel Market Growth

The demand for energy-efficient products is rising due to various factors, such as the increasing network of commercial housing complexes, the rising number of residential housing units, and the increasing demand for smart homes. Moreover, homeowners are increasing their spending on renovation and interior décor projects, further accelerating the adoption of aesthetically designed home appliances, such as air fryers.

However, higher prices as compared to traditional cooking appliances, will hinder the air fryer market growth.

Regional Insights:

Asia Pacific Dominated Global Market Due to Rising Demand for Digital Cooking Devices

Asia Pacific dominated the global market in 2024 as there is a high demand for digital cooking appliances among customers to help them perform their daily cooking activities more efficiently. The demand for air frying devices is robust in China, Japan, India, and South Korea, which will further cement the region’s dominant position in the market.

North America is also growing at a promising rate in the global market as food companies across the region are introducing recipes that can be made using devices such as air fryers.

To know more about this market, please visit:   https://www.fortunebusinessinsights.com/air-fryer-market-107276

Competitive Landscape:

Leading Market Players to Launch Novel Products to Expand Their Current Portfolios

Some of the top companies in the market are developing and launching air frying devices with advanced technologies and features, such as digital connectivity, energy efficiency, and multi-mode operations. The launch of these products will help them expand their current portfolio of products and increase their business reach in various regions.

Notable Industry Development:

June 2024:   Havells India Limited, an Indian electronics manufacturer, announced its partnership with Jumbo Group, a distributor of electronic products in UAE, to expand the reach of its state-of-the-art air fryers and premium juicers in the Middle East.

January 2024:   Versuni, a Koninklijke Philips NV-owned small appliances manufacturing company, opened its second 25,000-square-meter factory in Ahmedabad, India. The factory has an annual production capacity of 500,000 air fryers, 200,000 garment steamers, and hand mixers in India.

June 2023:   Versuni, a Koninklijke Philips N.V.-owned small appliances manufacturing company, established a partnership with SAP SE, a European software company, to utilize the SAP Sustainability Control Tower to monitor the recycling process of used air fryers in Sao Paulo, Brazil.

According to   Fortune Business Insights , Athletic footwear refers to shoes that are specially made for use during sporting events. These shoes offer a wide range of features that play a key role in enhancing an athlete’s performance during an event. This industry deals with products, such as running shoes, lifestyle shoes, and training shoes. The growing participation in sports activities due to rising health consciousness among people is one of the key factors driving the product’s demand.

Market   Overview:

The global   Athletic Footwear Market   size was valued at USD 132.45 billion in 2023. The market is projected to grow from USD 138.72 billion in 2024 to USD 210.94 billion by 2032, exhibiting a CAGR of 5.38% over the forecast period. North America dominated the athletic footwear market with a market share of 34.19% in 2023.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Nike, Inc. (U.S.)
• Adidas AG (Germany)
• Mizuno Corporation (Japan)
• PUMA SE (Germany)
• Under Armour, Inc. (U.S.)
• Deckers Outdoor Corporation (U.S.)
• FILA Holdings Corporation (South Korea)
• On Holding AG (Switzerland)
• New Balance Athletics, Inc. (U.S.)
• Lululemon Athletica Inc. (Canada)

Segmentation:

Running Shoes Gained Significant Popularity with Rising Number of Marathons

Based on product type, the market is divided into training shoes [crossfit/ cross training], running shoes [performance], lifestyle shoes [skateboarding], outdoor shoes [trail], and others. The running shoes segment held the biggest market share in 2023 as increased participation in marathons has boosted the number of marathons, which has fueled the demand for running shoes.

Men Increased Product Use Due to Growing Participation in Sports

Based on end user, the market is segmented into men, women, and children. The men segment captured the largest athletic footwear market share in 2023 due to the rising participation of the male population in a wide range of sports activities.

Hypermarkets/Supermarkets Witnessed Notable Rise in Customer Footfall Due to Wide Product Availability

Based on distribution channel, the market is divided into hypermarket/supermarket, specialty stores/sporting goods stores, departmental stores, online stores/e-commerce, and others. The hypermarket/supermarket segment dominated the market in 2023 as these stores have a wide range of athletic footwear from different brands, giving customers more options to choose from.

With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading product types, end users, distribution channels, and prominent market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Increasing Participation in Sports to Foster Market Growth

People across the world have become more conscious about their overall health and wellbeing, especially after the COVID-19 pandemic. This has prompted them to participate in a wide range of sports and outdoor activities, such as running, cycling, and trekking to take better care of their health and fitness. This factor has boosted the demand for different types of athletic footwear as it plays a vital role in improving an individual’s performance while participating in different sports.

However, environmental challenges caused by the generation of shoe waste can hinder the athletic footwear market growth.

To know more about this market, please visit:   https://www.fortunebusinessinsights.com/athletic-footwear-market-104126

Regional Insights:

North America Dominated Global Market Due to Rising Focus On Health & Fitness

North America held a dominant position in the global market as citizens across the region are becoming more conscious about their health and fitness. They are participating in more sporting events and other outdoor activities to keep themselves fit. Moreover, countries, such as the U.S. has a vast presence of prominent athletic footwear manufacturers, which will further cement the region’s dominance in the market.

Asia Pacific is also predicted to record major growth in the coming years owing to the rapid economic growth experienced by countries, such as India and China. This has led to a rise in the population’s disposable income, which will give them the freedom to splurge on high-end sports shoes.

Competitive Landscape:

Leading Companies to Launch New Products to Cater to Wider Customer Base

Some of the top companies operating in the athletic footwear market are focusing on launching sports shoes that feature novel technologies and features to cater to various safety and fitness requirements of their customers. Several manufacturers are introducing sensors into their products to give customers real-time data about their performance during workouts or sporting events.

Notable Industry Development:

September 2024:   Adidas Group, a Germany-based footwear and apparel company, announced the launch of its two flagship stores in Los Angeles, U.S.

August 2024:   Puma, a Germany-based sports apparel & footwear company, launched its new running shoes, Fast RB NITRO Elite. According to the company, the new shoe features 58mm of NITROFOAM Elite.

July 2024:   American Exchange Group acquired global footwear brands, Island Surf Company and White Mountain Footwear to expand its presence in the high-performance athletic footwear category.

Market   Overview:

According to Fortune Business Insights, the global   Assisted Living Market   size was valued at USD 157.28 billion in 2023. The market is projected to grow from USD 171.15 billion in 2024 to USD 271.50 billion by 2032, exhibiting a CAGR of 5.94% over the forecast period. North America dominated the assisted living market with a market share of 35.19% in 2023.

 Assisted living refers to a residential & care arrangement designed for older adults who wish to maintain their independence, as well as individuals with disabilities who require some assistance with daily tasks but do not need constant medical supervision. Almost 60% of older adults will require some form of long-term care in the coming future. This factor is driving the growth of the market.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Brookdale Senior Living (U.S.)
• Atria Senior Living (U.S.)
• Sunrise Senior Living (U.S.)
• Erickson Senior Living (U.S.)
• Barchester Healthcare (U.K.)
• ATHULYA ASSISTED LIVING (India)
• Epoch Elder Care (India)
• Clariane (Germany)
• Dussmann Group (Germany)
• The Flag (Germany)

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Segmentation:

Chain-Affiliated Segment Led Market Driven by Surge in Number of Chain-Affiliated Facilities Globally

  Based on ownership, the market is bifurcated into chain affiliated and independently owned. The chain-affiliated segment led the market in 2023, driven by the increasing number of chain-affiliated facilities globally. These chains typically uphold uniform care standards across their locations, providing families with confidence in reliable services, which boosts the growth of this segment.

  Women Segment Dominated Market Due to Expanding Population of Elder Women

Based on end user, the market is bifurcated into men and women. The women segment held the dominating assisted living market share in 2023 due to longer life expectancy and an expanding population of elderly women.

  Above 85 Years Led Market Due to Growing Demand for Specialized Geriatric Care

  Based on end user, the market is segmented into below 65 years, between 65 to 74 years, 74 to 85 years, and above 85 years. The above 85 years led the market in 2023 due to longer life expectancies and the growing demand for specialized geriatric care.

 Geographically, the global market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

  Report Coverage:

 The report has conducted a detailed study of the market and highlighted several critical areas, such as leading ages, end users, product types, ownerships, and key market players. It has also focused on the latest market trends and key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

  Drivers and Restraints:

  Rising Population of Older Individuals in Various Countries to Drive Market Growth

The rising population of older individuals in various countries is a key factor driving market expansion. This demographic change increases the demand for specialized housing solutions and healthcare services designed for the needs of seniors. Additionally, many older adults who need assistance with daily tasks further contribute to market growth. The increase in life expectancy globally has resulted in a larger segment of the population requiring long-term care and housing solutions that meet their unique needs, thereby enhancing the demand for assisted living facilities.

However, the assisted living market growth is hindered by a significant shortage of skilled workers, such as caregivers, nurses, and support staff, which is necessary to deliver high-quality services to residents.

Regional Insights:

North America Led Market Due to Growing Aging Population and Rise in Chronic Diseases

The North American region led the market in 2023, driven by a growing aging population and a rise in chronic diseases. The rising affordability of assisted living compared to home health care and nursing home options is boosting the demand for assisted & senior living communities.

In Europe, significant growth is anticipated during the forecast period, which is primarily attributed to the rising number of older adults in the region.

Competitive Landscape:

Major Market Participants to Focus on Establishing New Facilities to Broaden Their Reach

The global market is marked by high competition, with prominent international players utilizing their strong brand loyalty & presence to maintain an edge over competitors. Many major market participants are concentrating on establishing new facilities to broaden their reach.

To know more about this market, please visit:   https://www.fortunebusinessinsights.com/assisted-living-market-111474

Notable Industry Development:

July 2024:   Edelweiss Village, a U.S.-based senior living company, launched its new assisted living memory care apartments.

September 2022:   Athulya Senior Care, an India-based senior living company, launched its new assisted living facility in Bengaluru, India. According to the company, the new facility offers various services, including geriatric assistance by professional caregivers, 24/7 clinical assistance and security protection, housing, and laundry services.

December 2020:   Antara Senior Living, a brand of Max Group, launched its 37-bed home facility for older adults in Delhi, India. According to the company, the new care home includes assisted living facilities and services for elders who need support in their daily living needs.

According to   Fortune Business Insights , the elderly care market encompasses home care, nursing homes, assisted living, and adult care services, all aimed at supporting older adults. This market plays a crucial role in addressing the emotional needs of seniors while promoting their independence and overall well-being. The sector is projected to grow significantly, driven by the rising average life expectancy of individuals.

Market Overview:

The global   Elderly Care Market   size reached at USD 45.72 billion in 2023. The market is projected to grow from USD 49.29 billion in 2024 to USD 98.19 billion by 2032, exhibiting a CAGR of 9.00% over the forecast period. 

List of Key Players Mentioned in the Report:

• Helping Hands Home Care (England)
• CK Franchising, Inc. (U.S.)
• Rosewood Care Group (Australia)
• Living Assistance Services (Canada)
• Interim HealthCare Inc. (U.S.)
• Home Instead, Inc. (U.S.)
• Right at Home, LLC (U.S.)
• Exceptional Living Centers (U.S.)
• Care24 Pvt Ltd. (India)
• Visiting Angels (U.S.)

Download Free Sample PDF:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/elderly-care-market-111477

Segmentation:

Home Care   Segment   Led, Driven by Independent Care Offerings

In terms of service facility, the market is divided into home healthcare and public/private. In 2023, the home care segment dominated the market with a 58% share, driven by the appeal of independent care, convenience, and cost savings in the comfort of the home. 

Homemaking Segment   Held a Dominant Share On Account of its Ability to Manage   Mobility Issues

Based on service type, the market is classified into companion care, homemaking, rehabilitation/recovery, personal care, and others. The homemaking segment led the market, with the highest elderly care market share. It includes essential services such as meal preparation, running errands, cleaning, and laundry, primarily benefiting older adults with mobility issues or health conditions, easing their daily burdens.

Strong Demand from the Aging Population   Led to the Dominance of   Live-in care   Segment

As per care type, the elderly care market is trifurcated into visiting care, live-in care, and respite care. In 2023, the live-in care segment held the largest market share, driven by strong demand from the aging population.  Offering 24/7 care from skilled professionals, it allows seniors to remain in the comfort of their familiar surroundings, enhancing their well-being and care experience.

In terms of region, the market is categorized into Europe, North America, the Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report offers an in-depth of the market, covering key areas such as competition, services, and product types. It highlights market trends, industry developments, and factors driving market growth.  Rather than this, the report also highlights the impact of the COVID-19 pandemic on the market.

Drivers and Restraints:

Rising Incidence of Chronic Diseases and Disabilities   to Bolster Market Growth

Aging increases the risk of chronic diseases and disabilities, driving the demand for long-term care services, rehabilitation, and specialized management. Moreover, innovation in healthcare technology enables better management of chronic conditions at home, boosting the need for home healthcare and assisted living services.

However, limited insurance coverage and government support make it difficult to meet the growing demand for such services, thereby hindering the elderly care market growth.     

Regional Insights:

North America Dominated the Market Owing to   High Healthcare Spending

North America captured the highest market share in 2023 and was valued at USD Billion. The region’s significant investment in healthcare and non-medical services for the elderly drives the demand for elderly care.

The European market is poised for growth due to the widespread presence of healthcare services and senior care facilities. Additionally, an aging population with chronic illness, along with supportive compensation policies, strengthens the market’s foundation.    

Competitive Landscape-

Key Players Focus on   Partnerships to Develop Innovative Care Solutions

Major firms such as Brookdale Senior Living and Johnson & Jonhson use their financial strength and brand reputation to secure competitive advantages. Meanwhile startups such as Honor and Homethrive leverage technology, offering remote monitoring, telehealth, and caregiving platforms to cater to tech-savvy consumers. These companies focus on regulatory compliance, R&D, and partnerships with tech firms to develop innovative care solutions and enhance service delivery.

To get to know more about the market, please visit:   https://www.fortunebusinessinsights.com/elderly-care-market-111477

Key Industry Development:

November 2024:   Bangalore-based listed hospital chain Aster DM Healthcare and US-based private equity major Blackstone-owned Quality Care India reached the final steps of completing a merger, with Blackstone expected to hold a majority stake in the merged entity. This merger is likely to create a substantial healthcare conglomerate in India, enhancing the reach and capabilities of both organizations. In the foreseeable future, this merger would bring significant development to the Indian healthcare sector.

June 2024:   Helping Hands Home Care opened their first franchise in Woolrich as Heartland Retirement Personal Care Home. It offers in-home personal care services with complete home healthcare to seniors and individuals in need within the community.

According to Fortune Business Insights, Cycling gloves are made from synthetic materials such as leather, spandex, and polyester and are used for avoiding blisters, injuries, and numbness during long rides. The escalating adoption of e-bikes as they offer an eco-friendly alternative for urban commuting is set to propel product demand.

Market Overview:

The global   Cycling Gloves Market   size was valued at USD 3.26 billion in 2023. It is projected to grow from USD 3.41 billion in 2024 to USD 5.49 billion by 2032, exhibiting a CAGR of 6.12% during the forecast period.

Moreover, the cycling gloves market in the U.S. is expected to grow significantly, reaching USD 0.91 billion by 2032. This growth is fueled by the rising popularity of cycling as a sport and fitness activity, along with advancements in protective gear. Asia Pacific dominated the cycling gloves market with a market share of 34.36% in 2023. 

List of Key Players Mentioned in the Report:

• GIRO (U.S.)
• Trek Bikes (U.S.)
• Rapha (U.K.)
• Assos (Switzerland)
• GripGrab (Denmark)
• Altura (U.K.)
• Specialized Bicycle Components (U.S.)
• Pearl Izumi (U.S.)
• Endura (Scotland)
• Showers Pass (U.S.)

Download Free Full Sample PDF:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cycling-gloves-market-110725

Segmentation:

Full-Finger Segment to Capture Major Share Due to Advantage of Complete Coverage

Based on product, the market is bifurcated into full-finger and half-finger. The full-finger segment is set to dominate the global market owing to the advantage of complete coverage. The gloves help protect the entire hand from injuries, blisters, and abrasions.

Male Segment to Dominate Impelled by Soaring Participation in High-intensity Cycling Activities

On the basis of end-user, the market for cycling gloves is divided into female and male. The male segment is slated to lead the global market over the analysis period due to increased participation of men in high-intensity cycling activities such as road racing and mountain biking.

Offline Segment to Record Leading Share Propelled by Mounting Consumer Preference for in-Person Shopping

Based on distribution channel, the market is segregated into online and offline. The offline segment is poised to hold a prominent market share impelled by consumer preference for in-person shopping.  

Based on geography, the market for cycling gloves has been studied across North America, Europe, Asia Pacific, and the rest of the world.  

Report Coverage:

The report provides an analysis of the global market scenario on the basis of end-user, product, distribution channel, and geography. It further gives an insight into the latest trends and the major factors slated to bolster market expansion. The competitive landscape of the market has also been mentioned in the report.  

Drivers and Restraints:

Escalating Popularity of Cycling as a Recreational Activity to Fuel Industry Expansion

The rising popularity of cycling as a recreational activity and for eco-friendly transportation is slated to boost cycling gloves market growth. The product demand is rising due to the mounting requirement of gloves that provide improved durability, comfort, and grip by competitive cyclists. China and the U.S. have been recorded to be the two largest consumer markets for recreational physical activity. The two markets account for ~45% of the global expenditure, according to data provided by the Global Wellness Institute in 2023.

However, affordability issues associated with high-performance gloves may hinder industry expansion.    

Regional Insights:

Asia Pacific Held Major Share Owing to Soaring Development of Cycling Infrastructure Development

Asia Pacific cycling gloves market share bagged a dominant position in the global market in 2023. The dominance of the region is favored by rising emphasis on the development of cycling infrastructure by India and China.

The surging popularity of cycling is set to drive market growth in Europe. The region also exhibits a heightened emphasis on fitness, health, and environmentally friendly transportation.

Competitive Landscape:

Major Players Undertake R&D Investments to Strengthen Industry Foothold

Leading companies are making heavy investments in R&D activities. Key players are also deploying innovative cycling gloves that offer enhanced performance and comfort. Such steps are being adopted for gaining an edge over competitors, boosting the market development.

To get to know more about this market, please visit:   https://www.fortunebusinessinsights.com/cycling-gloves-market-110725

Key Industry Development:

December 2023 –   Fox Racing, a U.S.-based sports equipment manufacturing company, launched ‘Defend Pro Winter Gloves.’ This range is known for its warmth and weatherproofing and incorporates insulated materials and touchscreen compatibility for convenience during rides.

January 2023 –   GIRO, a sports goods company, introduced the Rodeo MTB Glove, featuring the cutting-edge D3O 'Ghost Knuckle' Protection. This launch implies a significant advancement in the market. The innovative technology provides enhanced safety for cyclists and improves grip while ensuring comfort and flexibility during rides.

January 2023 –   DHB, a cycling equipment manufacturing company, launched a new range of lightweight cycling gloves. These gloves offer touchscreen compatibility and breathable stretch mesh fabric, making them suitable for various cycling conditions.

According to Fortune Business Insights, Side tables cater to furnishing requirements and come in various shapes. The demand for these tables is slated to spur with the mounting trend of customized and luxury furniture.

Market Overview:

The global   Side Table Market   size was valued at USD 13.12 billion in 2024. The market is projected to grow from USD 13.63 billion in 2025 to USD 19.03 billion by 2032, exhibiting a CAGR of 4.88% during the forecast period.

Moreover, the side table market in the U.S. is expected to grow significantly, reaching USD 3.51 billion by 2032. Increasing demand for functional and stylish home furniture is a key growth driver. Asia Pacific dominated the side table market with a market share of 47.79% in 2024.

List of Key Players Mentioned in the Report:

• Steelcase Inc. (U.S.)
• MillerKnoll, Inc.   (U.S.)
• Ashley Furniture Industries, Inc.   (U.S.)
• GLOBAL FURNITURE USA   (U.S.)
• KOKUYO Co., Ltd. (Japan)
• Ethan Allen Global, Inc. (U.S.)
• Godrej & Boyce Mfg. Co. Ltd. (India)
• B&B ITALIA SPA (Italy)
• Sunpan Trading & Importing, Inc. (Canada)
• CB2 (U.S.)
• Pepperfry Limited (India)
• IKEA (Sweden)
• HNI Corporation (U.S.)
• Natuzzi S.p.A. (Italy)
• Dorel Industries Inc. (Canada)

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Segmentation:

Wood Segment to Hold Prominent Share Due to Increasing Popularity of Interior Décor

On the basis of material, the market for side tables is subdivided into plastic, wood, metal, and others. The wood segment is set to lead the global market. The growing product preference for interior décor is one of the vital factors impelling segmental dominance.

Residential Segment to Register Major Share Impelled by Changes in Lifestyle

Based on application, the market for side tables is fragmented into commercial and residential. The residential segment is poised to hold the largest share in the global market. The product demand is set to rise in this application considering the changes in lifestyle, including a rise in leisure activities at home and an upsurge in remote work.

By geography, the market for side tables has been analyzed across North America, South America, Asia Pacific, Europe, and the Middle East & Africa.

Report Coverage:

The report presents an analysis of the global market landscape on the basis of various segments. The market has been studied on the basis of application, material, and geography. The latest industry trends and the major factors propelling industry expansion have also been presented in the report.

Drivers and Restraints:

Industry Value to Surge with Expansion of the Real-Estate Sector

The growth of the real-estate industry is set to drive side table market growth. This is due to the escalating demand for these tables in furnishing commercial and residential spaces. The pieces are considered essential for bedrooms, living rooms, and other areas.

Nonetheless, high costs of tables made from high-quality raw materials could lead to the adoption of lower-priced alternatives, affecting industry expansion.   

Regional Insights:

Asia Pacific Registered Leading Share Driven by High Product Demand

Valued at USD 6.00 million in 2023, the Asia Pacific market held a prominent share of 47.44% in the global market. This can be attributed to the high product demand owing to high requirement for home furnishings. The region has abundant availability of raw materials and labor at low costs, which is one of the major factors driving its emergence as a key manufacturing hub.

The Europe side table market share is set to record a rise in product demand impelled by a rise in renovation projects. This was mainly on account of high disposable income and changing lifestyle preferences.

Competitive Landscape:

Industry Participants Introduce New Products Equipped with Advanced Features

Industry players are rolling out new products, equipped with advanced features. These features include convertible surfaces, adjustable heights, charging ports, and built-in storage compartments. These products are being introduced to secure an edge over their rival companies and establish a strong market presence.

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Key Industry Development:

February 2023 -   Steelcase, Inc., a global furniture manufacturing company, in partnership with the Frank Lloyd Wright Foundation, introduced the Racine Collection, featuring a range of items, including dining chairs, side tables, and desks. These offerings embody contemporary design elements, utilizing high-performance fabrics, materials, and adjustments to enhance user comfort.

September 2022 –   Tidelli, a specialist outdoor living furniture developer launched, Rio, a line of Rio de Janeiro-inspired arm chairs and a side table in the Peruvian market. These products are designed with differentiated features details on the base and an overlap of aluminum structure at the top.

July 2021 –   IMM Private Equity, a South Korean private equity firm, made a USD 1.3 billion investment for the acquisition of Hanssem Co., a South Korean company specialized in home furnishings and furniture. The acquisition would help enhance its portfolio, particularly in the dining room furniture segment.

According to Fortune Business Insights, Kitchen cabinets or kitchen cupboards, refer to boxes used for storing kitchen accessories, such as dishes, cooking vessels, and glasses. Customers are increasingly seeking homes that come with modern kitchen designs. This factor is expected to fuel the demand for kitchen cupboards with innovative features.

Market   Overview:

The global   Kitchen Cabinets Market   size was valued at USD 100.79 billion in 2024. It is projected to grow from USD 107.86 billion in 2025 to USD 183.53 billion by 2032, exhibiting a CAGR of 7.89% during the forecast period. Moreover, the kitchen cabinets market in the U.S. is expected to grow significantly, reaching USD 43.03 billion by 2032. The rise in home renovations and demand for stylish storage solutions is fueling growth. Asia Pacific dominated the kitchen cabinets market with a market share of 35.51% in 2024. 

LIST OF KEY COMPANIES PROFILED IN THE REPORT:

• Master Brand, Inc. (U.S.)
• Inter IKEA Systems B.V. (Netherlands)
• Oppein Home Group Inc. (China)
• Nobia AB (Sweden)
• Takara Standard Co., Ltd. (Japan)
• Howden Joinery Group Plc (U.K.)
• Hacker (Germany)
• Cleanup Corporation (Japan)
• LIXIL Corporation (Japan)
• nobilia-Werke J. Stickling GmbH & Co. KG. (Germany)
• ZBOM Home (China)
• Hafele (Germany)
• Boffi SpA (Italy)
• Molteni & C S.p.A (DADA) (Italy)
• SieMatic Möbelwerke GmbH & Co. KG (Germany)
• Advanced Cabinets Corp (U.S.)
• Cabinet Craft (U.S.)
• American Cabinet Corporation (U.S.)
• Boloni International (China)

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Segmentation:

Sustainability Benefits Offered by Wooden Cabinets to Boost Their Demand

Based on material, the global market is segmented into wood, plastic, metal, glass, and others. The wood segment is predicted to capture the largest kitchen cabinets market share during the forecast period as customers are seeking sustainable kitchen accessories to reduce their overall carbon footprint.

Stock Kitchen Cabinets’ Inexpensive Pricing Places it at the Apex Position

Based on category, the market is divided into stock kitchen cabinets, semi-custom kitchen cabinets, and custom kitchen cabinets. In 2023, the stock kitchen cabinet segment dominated the market as Home Depot, Ikea, and Lowe’s offer these items at economical rates.

Cost-Effectiveness of Shaker Cabinets to Bolster Their Adoption

Based on style, the market is segmented into beaded kitchen cabinets, shaker kitchen cabinets, flat panel kitchen cabinets, wall kitchen cabinets, base kitchen cabinets, tall-standing kitchen cabinets, and others. The shaker kitchen cabinets segment might hold a dominant market position as these cabinets are more affordable than their counterparts.

Increasing Disposable Income Fueled Product Use in Residential Spaces

Based on application, the global market is categorized into commercial and residential. The residential segment held the major market share in 2023 as customers in various countries are witnessing a notable increase in their disposable, incomes, encouraging them to invest in high-end kitchen components.

With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading materials, styles, applications, and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Increasing Need for Advanced Kitchen Appliances to Boost Market Expansion

Customers across the world are witnessing a strong rise in their overall disposable incomes, which has prompted them to purchase luxurious apartments that are equipped with modern appliances. This factor has prompted manufacturers to design cabinets that can be integrated with appliances, such as toasters and mixers. This factor is expected to fuel the kitchen cabinets market growth.

However, governments are imposing anti-dumping tariffs, which can increase the price of these cabinets, thereby restricting their sales.

Regional Insights:

Rising Sales of Commercial and Residential Properties Helped Asia Pacific Dominate Global Market

Asia Pacific dominated the global market in 2023 Japan, India, Australia, and China are witnessing a strong growth in the development and sales of commercial and residential properties to cater to the needs of large-scale urbanization.

North America is also offering lucrative opportunities for this market to grow as the number of home renovation and kitchen remodeling projects are rising across the region.

Competitive Landscape:

Key Market Players to Launch New Products to Expand Their Customer Base

Some of the leading market players are focusing on launching new designs of kitchen wardrobes that are equipped with innovative features. They are also opening new stores in various regions across the world to expand their customer base and increase their global presence.

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Notable Industry Development:

February 2024:   Isla Porter, a customized kitchen cupboards brand, announced plans to be officially launched in Spring 2024. The brand will provide advanced features, more than 70 finishes, and 20-door style options.

November 2023:   Dura Supreme Cabinetry, a U.S.-based kitchen and bathroom cabinets company, officially commenced manufacturing cabinets at its new production plant in Statesville, North Carolina, U.S.

October 2023:   Cabinets to Go, a U.S.-based specialty cabinet’s retailer, introduces its new kitchen closets line, including the Threespine Click Furniture Technology, which delivers long-lasting results, stability, and precise angles.

Market Overview:

According to Fortune Business Insights, the global   Dining Table Market   size was valued at USD 8.22 billion in 2024 and is projected to reach USD 13.71 billion by 2032, growing at a CAGR of 6.75% during the forecast period.

The market is expected to grow from USD 8.68 billion in 2025. Asia Pacific led the global market with a significant share of 43.18% in 2024. Additionally, the U.S. dining table market is set for notable expansion, projected to reach USD 2.34 billion by 2032. The increasing focus on home décor and the rising demand for premium-quality, stylish furniture are key factors driving market growth.

List of Key Players Profiled in the Market Report

• Steelcase Inc. (U.S.)
• MillerKnoll, Inc. (U.S.)
• Ashley Furniture Industries, Inc. (U.S.)
• GLOBAL FURNITURE USA (U.S.)
• KOKUYO Co., Ltd. (Japan)
• Ethan Allen Global, Inc. (U.S.)
• Godrej & Boyce Mfg. Co. Ltd. (India)
• B&B ITALIA SPA (Italy)
• Sunpan Trading & Importing, Inc. (Canada)
• CB2 (U.S.)

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Segmentation:

Backed By Consumer Demand for Engineered Furniture Items,   Wood Is Set To Lead The Segment
On the basis of material, the market is segmented into wood, metal, plastic, and others. Consumer demand for engineered wooden tables and chairs has resulted in the wood segment to be the leading part of the segment in the market. The demand for steel lunch benchtops in the corporates and restaurants is supporting the demand for steel-based material.

Backed By Easy Availability,   Rectangular Segement Is Set To Lead The Market
By table shape, the market is divided into oval, rectangular, round, and square. The rectangular shaped tables are set to hold a dominant share due to the availability of diverse shapes and sizes.

Owing To Consumption Of Multifunctional Tables,   Residential Segement Is Set To Lead The Market
According to the end-user, the market is segmented into residential and commercial. Residential segment holds a major market share owing to the consumption of multifunctional tables and minimalistic designs. 

On the basis of regional ground, the market is studied across North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Report Coverage

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Drivers and Restraints

Requirement for Large-Sized Dining Tables In The Infrastructural Facilities To Drive Market Trajectory
Growth in the number of infrastructural facilities related to restaurants, coffee shops, canteens, bars, and pubs is anticipated to drive dining table market growth. These facilities require large-sized dining tables. In addition, the adoption of luxury furniture items is set to propel the market growth.

However, instances of skin irritation due to long usage of lounge tables with chemical-based finishes is expected to hamper the market growth.

Regional Insights

Owing to the Consumption of   Wooden Furniture Items , Asia Pacific Is Expected To Lead The Market Share
Asia Pacific is projected led the global dining table market share with the valuation of USD 3.36 billion in the year 2022. The valuation and dominance is backed by the enhanced consumption of wooden furniture items in China and India.  

The need for replacing of products and house renovation trend in the household of Canada and U.S. is driving the market growth in North America.

Competitive Landscape

Market Players to Gain Competitive Edge by Offering Innovative Designs
Key industry players of the dining table market have been focusing on the offering innovative designs to expand their customer base globally. In February 2023, Steelcase, Inc. collaborated with Frank Lloyd Wright Foundation to launch various products such as dining chairs, tables, and desks, called Racine Collection. These products are of high performance as they are made up of high quality fabrics, materials, and tweaks for better comfort and use.

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Key   Industry Development

March 2025-   Steelcase reported fiscal 2024 revenue of $3.2 billion, with net income of $81.1 million and adjusted earnings per share of $0.93, up from $0.56 in the previous year.

February 2025-   Sunpan Trading & Importing, Inc.  showcased its latest collections at the 2025 Winter Las Vegas Market, highlighting new designs and trends in residential and commercial furniture.

December 2024-   MillerKnoll, Inc. announced that from May 2025, all North American products will be free of added per- and polyfluoroalkyl substances (PFAS), becoming the first office furniture manufacturer to make this commitment.

  Market Overview:

According to Fortune Business Insights, the global Leather Goods Market was valued at USD 498.57 billion in 2024 and is projected to reach USD 855.36 billion by 2032, growing at a CAGR of 7.05% during the forecast period. Europe led the market with a dominant share of 37.44% in 2024. The U.S. leather goods market is also poised for substantial growth, with a projected value of USD 220.08 billion by 2032. This expansion is fueled by the rising consumer demand for premium, luxury, and long-lasting accessories, which continues to drive market momentum globally.

List of Key Players Mentioned in the Report:

• Hermes International (France)
• LVMH Moët Hennessy Louis Vuitton (France)
• Kering (France)
• Prada (Italy)
• Capri Holdings (U.S.)
• Vf Corporation (U.S.)
• Kuraray Co., Ltd. (Japan)
• R. Polycoats Pvt. Ltd. (India)
• Adriano Di Marti (Mexico)
• Broke Mate (India)

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Segments:

Synthetic Leather to Gain Traction Owing to Increasing Costs

On the basis of source, the market is subdivided into synthetic leather and full-grain leather. The synthetic leather segment is expected to register commendable expansion over the forecast period. The rise can be credited to the rising product demand in the footwear and apparel industry.

Footwear Segment to Record Substantial Growth Driven by Prevalence of Durable Footwear

Based on product, the market for leather goods is segmented into luggage, apparel, footwear, and others. Of these, the footwear segment is slated to register appreciable growth throughout the estimated period. The surge can be attributed to the escalating demand for durable footwear.

Men Segment to Register Commendable Growth Due to Surging Demand for Luxury Footwear

On the basis of end-user, the market is fragmented into women, men, and kids. The men’s segment is poised to record substantial expansion over the forecast period. The escalation is being driven by the higher requirement for formal wear, leather shoes, jackets, and other goods.

Based on geography, the market has been analyzed across Europe, North America, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report provides a comprehensive analysis of the key factors propelling the business scenario over the forthcoming years. It further gives an insight into the major aspects driving industry growth across various regions. Some of the additional aspects include the vital steps taken by leading market participants for strengthening their business position.

Drivers and Restraints:

Market Value to Surge Owing to Growing Demand for Luxury Goods

One of the major aspects propelling the leather goods market growth is the rising prevalence of natural leather as a luxury product and the escalating product usage in fashion shows. The market expansion is further impelled by the growing demand for handmade and customized goods.

However, the industry expansion may be hindered due to the process of leather production from animal hides and skins.

Regional Insights:

Europe to Lead Driven by Presence of Major Manufacturers

The Europe leather goods market share is expected to register appreciable expansion throughout the study period. The surge can be credited to the increasing footwear demand and the presence of major manufacturers in the region.

North America is estimated to record commendable growth over the estimated period. The rise is being driven by the substantial demand for luxury goods in the region.

Competitive Landscape:

Major Players Enter into Partnership Deals to Enhance Product Reach

Key leather goods companies are focused on the adoption of various initiatives for strengthening their position in the market. These include acquisitions, merger agreements, and the formation of alliances. Besides, several companies are entering into collaborations and partnership deals to increase their geographical footprint.

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Key Industry Development:

March 2025- VF Corporation introduced medium-term financial targets aiming for an adjusted operating margin of at least 10% and an adjusted gross margin of at least 55% by fiscal year 2028. The company also targets net leverage of 2.5x or below.

February 2025- Kering's Kering Eyewear division generated €1.6 billion in revenue in 2024, a 6% increase on a comparable basis. Recurring operating income for the division was €277 million.

January 2025- LVMH reported 2024 revenue of €84.7 billion, a 1% organic growth despite challenging economic conditions. Profit from recurring operations was €19.6 billion, with a 23.1% operating margin. Free cash flow increased by 29% to €10.5 billion.