According To Fortune Business Insights, Heated Clothing finds usage in several outdoor activities such as camping, hiking, snowboarding, and skiing. The rising popularity of these activities and the escalating launch of associated products are poised to drive product demand.

Market Overview:

The global   heated clothing market   size was valued at USD 0.33 billion in 2023. It is projected to grow from USD 0.35 billion in 2024 to USD 0.71 billion by 2032, exhibiting a CAGR of 9.14% during the forecast period.

North America dominated the heated clothing market with a market share of 42.42% in 2023. Moreover, the heated clothing market in the U.S. is expected to grow significantly, reaching USD 249.63 million by 2032. This growth is driven by increasing demand for wearable heating technology in winter sports, outdoor work, and everyday fashion.

List of Key Players Mentioned in the Report:

• ORORO Heated Apparel (U.S.)
• Robert Bosch GmbH (Germany)
• Stanley Black & Decker, Inc. (U.S.)
• Venustas Heated Apparel (U.S.)
• Venture Heat (U.S.)
• Techtronic Industries Co. Ltd. (TTI) (China)
• com (Netherlands)
• Makita Corporation (Japan)
• Blaze Wear (U.K.)
• Volt Heat (U.S.)

Segmentation:

Jacket Segment Held Major Share due to Growing Popularity for Various Activities

On the basis of product type, the market is fragmented into sweater, pant, jacket, t-shirt, and others. In 2023, the jacket segment stood at a key position in the global market. This is due to the rising popularity of these products for motorcycling, snowboarding, and other outdoor activities.

6-8 Volts Segment Held Prominent Share as it Helps Achieve Balance between Energy Efficiency and Required Heat

Based on power rating, the market is divided into below 5 volts, 6-8 volts, and 9-20 volts. The 6-8 volts segment registered a leading market share in 2023 as this voltage range helps maintain a balance between the required heat and energy efficiency.

Men Segment Recorded Leading Share Driven by Health Risks Associated with Working in Cold Environments

Based on end-user, the market is subdivided into men and women. In 2023, the men segment accounted for a prominent share in the market. This is due to the health risks associated with cold outdoor environments, where the number of working men is rising. These comprise numerous industries such as forestry, logistics, agriculture, and construction.

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

Report Coverage:

The report gives an account of the major factors slated to propel industry expansion over the forthcoming years. It further provides an insight into the latest market trends. The major strategies adopted by leading companies to strengthen their market positions have also been furnished in the report.  

Drivers and Restraints:

Surge in Market Value Driven by Growing Number of Winter Sportsmen

Nearly 346 million Chinese people participated in indoor and outdoor winter sports-associated leisure activities over 2015 to 2022, as per the Natural Bureau of Statistics, China.   The rising number of winter sportsmen and an escalation in outdoor recreation is touted to propel heated clothing market growth. The products offer various benefits such as improvement of athlete performance and enhancement of muscle flexibility.

However, the industry expansion could be affected due to the high cost associated with advanced textile clothing.

Regional Insights:

North America Emerged as Prominent Region Owing to Presence of Extreme Weather Conditions

The extreme weather conditions and changing consumer demand patterns are the key factors, owing to which North America heated clothing market share recorded a dominant position in the global market in 2023. The region also exhibits an emphasis on technological advancements in the features of various products.

Europe is set to expand at a significant rate over the analysis period. This is driven by the presence of cold weather countries and the rising incorporation of heated elements into fashionable garments and heated clothing.

Competitive Landscape:

Market Players Partner with Other Companies to Gain a Competitive Edge

Industry players are placing a greater emphasis on collaborations to secure an edge over their rival companies. They are also adopting various strategies to sustain market competition. These initiatives are also being implemented to consolidate their positions in the global market.

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Key Industry Development:

November 2023:   ORORO Heated Apparel shared plans to sponsor the University of Minnesota – Gopher Athletics. According to the company, its products would offer warmth, innovation, and sustainability.

October 2023:   Neberon Heated Apparel, a California, U.S.-based clothing company, launched its new collection of heated gloves, the FW23 Pro Series.

November 2022:   Venture Heat, launched its new thermalution heated undersuits. According to the company, the new undersuit features 16W heating elements and 3-level temperature controller settings.

Skin lightening products help address particular concerns pertaining to skin, including dark patches, sun damage, hyperpigmentation, and others. The rising trend of intravenous (IV) drips is anticipated to spur market growth. The rising accessibility of consumers to IV drip-based skin lightening injections coupled with their surge in preference for fulfilling custom skin care needs boost the demand for the product.

Market Overview:

According to Fortune Business Insights, the global   skin lightening products market   size was valued at USD 9.22 billion in 2023. It is projected to grow from USD 9.67 billion in 2024 to USD 16.42 billion by 2032, exhibiting a CAGR of 6.85% during the forecast period .

Moreover, the skin lightening products market in the U.S. is expected to grow significantly, reaching USD 3.03 billion by 2032. This growth is driven by rising consumer demand for brightening skincare solutions, innovative formulations, and dermatological advancements. Asia Pacific dominated the skin lightening products market with a market share of 53.69% in 2023.

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List of Key Players Mentioned in the Report:

• L’Oréal S.A. (France)
• Beiersdorf AG (Germany)
• Unilever, Plc. (U.K.)
• The Procter & Gamble Company (U.S.)
• Shiseido Co. Ltd. (Japan)
• Estee Lauder Companies, Inc. (U.S.)
• Kao Corporation (Japan)
• Avon Natural Products, Inc. (U.K.)
• Revlon Inc. (U.S.)
• Himalaya Wellness Company (India)

Segmentation:

Skincare Benefits Delivered by Creams to Expedite Segment Growth

In terms of form, the market is segregated into lotions, soaps, gels, creams, and others. The creams segment is set to witness the fastest growth rate during the study period, which can be credited to many skincare benefits, such as hydration, nourishment, and miniaturization. They also offer ease in application to cover larger pigmented skin areas as compared to other forms.

Synthetic Segment Dominates Augmented by More Production of Cosmetics Made Using Safer Forms of Chemicals

With respect to formulation, the market is classified into synthetic and organic & natural. The synthetic segment registered the largest skin lightening products market share in 2023, which can be attributed to more production of illuminating cosmetics made by deploying safer forms of compounds, chemicals, and synthetics.

More Demand for Innovative Brightening Products to Expedite Women Segment Expansion

On the basis of end-user, the market is divided into men and women. The women segment obtained the largest share in 2023, fueled by more demand for innovative brightening products by female consumers for treatments associated with their skin. A survey carried out by National Centre for Biotechnology Information, Library of Medicine (NCBI), in December 2020 for Kumasi, Ghana-based respondents stated that 56.6% of the women respondents admitted the use of skin lightening products whereas it made up 26.6% of the male respondents in Ghana.

Online Channels Segment to Witness Fastest Growth Impelled by Increasing Uptake of Online Shopping

In terms of distribution channel, the market is classified into pharmacy stores, hypermarkets & supermarkets, online channels, specialty stores, and others. The online channels segment is set to observe the fastest-growth during the study period on account of increasing uptake of online shopping for personal care goods, boosting online retailers’ product revenues. Moreover, a surge in its women’s cosmetic & fragrances, intimate apparel, accessories, and shoes division’s sales was registered by Macy's Inc.,  global departmental store firm, which reached USD 10,119 million in 2021, up from USD 9,454 million in 2019.

From the regional perspective, the market is categorized into the Middle East & Africa, North America, South America, Europe, and Asia Pacific.

Report Coverage:

The market research report provides an in-depth analysis of the competitive strategies undertaken by prominent companies to stand out from the competition. It further offers vital insights into the key trends, significant industry developments, dominating segments, and the impact of the COVID-19 pandemic on the market growth. Besides this, the key factors impacting the market growth have been mentioned in the report.

Drivers and Restraints:

Increasing   Demand for Functional Skincare Products to Impel Market Growth

Functional skin bleaching products are significant in addressing particular concerns pertaining to the skin, such as tanning, aging, pigmentation, sunburns, and others. The global market growth can be credited to the growing demand for these bleaching products coupled with the expanding global aging rate.

However, the health risks related to greater availability of mercury in products may impede skin lightening products market growth.

Regional Insights:

Asia Pacific Holds Leading Position Owing to Rising Occurrence of Skin Pigmentary Disorders

Asia Pacific’s skin lightening products market captured the largest share in 2023, which can be credited to the rising occurrence of skin pigmentary disorders among consumers in Southeast Asia and India. This factor is boosting product demand in these geographies. The National Centre for Biotechnology Information (NCBI) survey in March 2021 stated skin pigmentary disorders in nearly 45% of the population, and nearly 55% of them prefer lightening skin treatments in Southeast Asia.

Europe secured the third largest share in 2023, with North America accounting for the second largest share in the same year. This can be credited to the increasing concerns about skin darkening, skin redness, and other sunburn problems among people. This, along with, transitioning consumer trends toward premium-based cosmetics is anticipated to boost regional growth.

Competitive Landscape:

Market Leaders Invest High Amounts into Mega Projects to Deliver Enhanced Capabilities

Prominent companies are adopting different strategic moves, including joint ventures, mergers, and partnerships, to keep ahead of their competition. A diverse array of market players are investing huge amounts into mega projects to launch innovative and enhanced capabilities of skin lightening products for consumers.

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Key Industry Development:

March 2024:   eclat superior, an Indian cosmetic brand, launched a new Glutathione face cream consisting of skin brightening ingredients including vitamin C, niacinamide, alpha arbutin, licorice extracts, and lactic acid. The product is available at Amazon.in shopping site.

December 2023:   The World Health Organization (WHO) conducted a project, ‘Eliminating Mercury Skin Lightening Products (SLPs),’ to lower the health complications due to mercury-based skin lightening products, establish better regulation, and fair production, trade, and distribution practices. Such organizations’ efforts positively contribute toward sustainable development.

Decorative accents, such as scented candles, throw pillows, and artworks, lead to improvement in the aesthetics of the living spaces. The surging trend of decoration of outdoor living spaces and home gardening is set to bolster the market expansion.

Market Overview:

According to Fortune Business Insights, the global   home decor market   size was valued at USD 747.75 billion in 2024. It is anticipated to grow from USD 802.26 billion in 2025 to USD 1,097.51 billion by 2032, exhibiting a CAGR of 4.58% during the forecast period of 2025-2032. Asia Pacific dominated the home decor market with a market share of 45.74% in 2024.

Moreover, the home decor market in the U.S. is expected to grow significantly, reaching USD 305.51 billion by 2032. The growing influence of interior design trends and online retail is driving market expansion.

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List of Key Players Mentioned in the Report:

• 1888 Mills, LLC. (U.S.)
• Inter IKEA Systems B.V.(Netherlands)
• Williams-Sonoma   Inc . (U.S.)
• Ashley Furniture Industries, LLC. (U.S.)
• Idea Nuova (U.S.)
• Ethan Allen Global, Inc. (U.S.)
• American Textile Company (U.S.)
• Ralph Lauren Corporation (U.S.)
• Welspun Flooring (India)
• Kimball International, Inc. (U.S.)
• Herman Miller, Inc. (U.S.)
• Steelcase, Inc. (U.S.)

Segmentation:

Technological Advancements in the Design of Floor Covering Products to Spur Segment Expansion

On the basis of product, the market is classified into floor covering, furniture & home furnishings, home textile, and others. The floor covering segment occupies the major home décor market share. The developments in technology in the material composition and design of floor covering products impact households to install floorings.

Discount Coupon Offerings Fosters Hypermarkets/Supermarkets Segment Growth

In terms of distribution channel, the market is divided into specialty stores, online channels, hypermarkets & supermarkets, and others. The hypermarkets & supermarkets segment holds the leading position in the market due to the consistent provision of discount coupons associated with décor products by these stores aids product demand.

On the regional front, the market for home décor is segregated into South America, the Middle East & Africa, North America, Europe, and Asia Pacific.

Report Coverage

The research report provides vital insights into the key factors affecting the market growth. In addition, it offers comprehensive coverage of the latest trends, dominating segments, and the impact of the COVID-19 pandemic on the market growth. Other aspects of the report include the strategic measures undertaken by prominent companies to stand out from the competition.

Drivers and Restraints:

Constant Smart Home Offerings to Accelerate Market Growth

The consistent expansion in offerings of smart home with speakers, aesthetic home appliances, and smart decorative lighting boosts product consumption growth rates in several nations across the globe. Furthermore, the home décor market growth is impelled by the surging trend of purchasing connected technology-based décor products equipped with home security, next-generation entertainment, and personalized health management.

However, the steep cost of premium-priced products may hamper the market growth.

Regional Insights:

Asia Pacific   Due to Rising Number of Residential Infrastructural Facilities

Asia Pacific holds the largest home décor market share on the back of surging number of commercial and residential infrastructure facilities, which boost the demand for modern living room and kitchen furniture in Southeast Asia and China.

Europe’s market growth is driven by growing demand for sustainable products coupled with efforts of manufacturers toward the production of home décor products made using eco-friendly materials.

Competitive Landscape:

Top Companies Focus on Mergers and Acquisition Strategies to Create Their Product Portfolio

Market players are leveraging different strategic initiatives, such as joint ventures, capacity expansions, and product innovations, to keep ahead of their competition. Prominent companies launch newer stores to boost their retail footprint across the globe. Leading players in the home décor market are also emphasizing mergers & acquisition strategies to build their product portfolio.

Read Full Report:   https://www.fortunebusinessinsights.com/home-decor-market-109906    

Key Industry Development:

May 2024:   Remax Furnitures, an Indian luxury furniture brand, launched a new store in New Delhi, India, to expand its retail presence in the country.

March 2024:   FabCuro, a stylish furniture boutique, opened a new store to increase its retail presence in Indiranagar, Bengaluru, India.

February 2024:   Havenly, a U.S.-based interior designer group, acquired The Citizenry, a direct-to-consumer home decor brand, to build its product portfolio with ethically crafted rugs, decorative textiles, and accents.

According to Fortune Business Insights, Teeth whitening procedures are inclusive of products, including strips, rinses, gels, and whitening toothpaste that are sold in pharmacies and other retail stores. The quick advancements in technology of dental care products is set to bolster the demand for teeth whitening products, surging market growth. Moreover, advancements in whitening ingredients and agents have resulted in more effective products.

Market Overview:

The global   teeth whitening market   size was valued at USD 8.52 billion in 2024. It is projected to grow from USD 8.93 billion in 2025 to USD 12.77 billion by 2032, exhibiting a CAGR of 5.24% during the forecast period.

Moreover, the teeth whitening market in the U.S. is expected to grow significantly, reaching USD 2.62 billion by 2032. The demand for cosmetic dental solutions and self-care products is driving growth. Asia Pacific dominated the teeth whitening market with a market share of 33.80% in 2024.

List of Key Players Mentioned in the Report:

• Colgate-Palmolive Company (U.S.)
• Glaxo Smithkline (U.K)
• The Procter & Gamble Company (U.S.)
• Johnson & Johnson Consumer Inc. (U.S.)
• Philips Oral Healthcare, Inc. (U.S.)
• Henry Schein, Inc. (U.S.)
• Unilever (U.K.)
• KöR Whitening (U.S.)
• Opalescence (U.S.)
• Beyond Dental & Health (U.S.)
• Supersmile (U.S.)
• WhiteWash Laboratories (U.K.)
• Dentsply Sirona (U.S.)
• Beaming White (U.S.)
• Dabur (India)

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Segmentation:

Ready Availability of Whitening Toothpaste to Propel Segment Expansion

With respect to product, the market is segregated into light teeth whitening devices, whitening gels & strips, and whitening toothpaste. The whitening toothpaste segment is slated to register the largest market share during the forecast period, which can be credited to ready availability of these kinds of toothpaste in grocery and retail stores. It offers convenience for consumers in the maintenance of their daily routines.

Supermarkets/Hypermarkets Segment to Dominate Impelled by Availability of a Diverse Array of Products

On the basis of distribution channel, the market is classified into pharmacy stores, online, supermarkets/hypermarkets, and others. The supermarkets/hypermarkets segment is slated to witness the largest teeth whitening market share during the forecast period on account of the availability of a diverse array of products, such as gels, strips, toothpaste, and other related goods.

From the regional outlook, the market is categorized into the Middle East & Africa, Europe, North America, South America, and Asia Pacific.

Report Coverage:

The strategic moves implemented by leading companies to sustain their industry leadership have been mentioned in the report. Besides this, the report highlights the key factors impacting the market expansion. The report further provides a detailed analysis of the dominating segments, key industry developments, and the impact of the COVID-19 pandemic on the market growth.

Drivers and Restraints:

Rising Emphasis on Oral Hygiene to Proliferate Market Growth

The rising focus of people or oral hygiene naturally boosts interests in tooth brightening products, which makes them involved to a comprehensive dental care routine. Thus, a higher emphasis on oral hygiene surges consciousness of the significance of keeping healthy and clean teeth.

Despite such opportunities, the sensitivity issues and side effects pertaining to tooth whitening products may impede the teeth whitening market growth.

Regional Insights:

Asia Pacific Led Driven by Rising Impact of Urbanization

Asia Pacific secured the highest share of the market in 2023, which can be attributed to increasing impacts of Western culture and urbanization on consumer preferences and beauty trends. Modern and healthy dental care solutions are encouraged by Western celebrities and media, impacting local perceptions and increasing demand for tooth whitening.

The growth of North America teeth whitening market is impelled by ready availability of advanced whitening technologies in dental offices. They also have a vital significant role in improving the popularity of professional whitening services.

Competitive Landscape:

Leading Companies Deploy Product Development Strategies to Outshine the Competition

A wide array of competitive strategies, including partnerships, acquisitions, and capacity expansions are being adopted by top companies to achieve a competitive advantage. Prominent companies are prioritizing the development of innovative teeth whitening products to keep ahead of the competition.

To get to know more about this market, please visit:   https://www.fortunebusinessinsights.com/teeth-whitening-market-110349

Key Industry Development:

April 2024 –   Spotlight Oral Care, a U.K.-based oral care company, introduced ‘Ultra Tooth Whitening Strips,’ made with active ingredients and clinically proven to whiten teeth without any type of sensitivity.

January 2024 –   Whites Beaconsfield, a U.K.-based provider of oral care products, launched its innovative whitening toothpaste to cater to the demand of customers with veneers.

February 2023 –   Colgate-Palmolive Company, a global oral health brand, launched two new tooth whitening products, ‘the Colgate Optic White-ComfortFit LED Tooth Whitening Kit and Colgate Optic White-Express Tooth Whitening Pen,’ designed to improve their customer's experience in the long run.

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)

Get Full Sample PDF:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/assisted-living-market-111474

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.