Legal Marijuana Market Analysis, Impact Of Covid-19 On Sales, Business Opportunities In 2021

 Legal Marijuana Network | 2021 Scope of Current and Future Industry

The global Legal Marijuana Market size is expected to be more than USD 90.5 billion by 2027 according to a new study by Polaris Market Research. Increasing penetration of Legal Marijuana in applications other than recreational such as pharmaceuticals, and increasing medical prospects are some of the factors propelling the market growth. Legal Marijuana is being used for treating a wide variety of diseases including cancer, arthritis, neurological conditions, Parkinson’s diseases, among others and this factor is expected to propel market growth.

 

Pain management therapies segment is witnessing rapid growth across the globe. This therapy is increasingly being used to treat elders suffering from chronic pain. Legal Marijuana are finding wide applications in pain management therapies due to their overall efficacy, easy availability and relatively low prices as compared to other counterparts and this trend is expected to benefit the overall Legalized Cannabis market growth over the forecast period.

 

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Several studies have pointed out that the usage of Legal Marijuana to treat mental disorders yield desired and positive results. Changes in lifestyle and fast paced lifestyles, advent of nuclear families, social media, among others are some of the factors that have resulted in rising number of mental disorders such as depression, anxiety disorders, Alzheimer’s diseases, etc. This trend is expected to benefit the demand for Legal Marijuana for mental disorder treatment and thus boosting the market growth.

 

 

North America emerged as the largest market for Legal Marijuana in the year 2019, and the segment is expected to continue to lead the market in terms of penetration and is also expected to witness a robust growth rate during the forecast period. A major contributor to this scenario is the strong demand from the U.S. There is widespread usage of Legal Marijuana in the country and this has resulted in the U.S. being one of the foremost consumers of Legal Marijuana across the globe.

 

Many states in the U.S. have issued clear directives as well as regulations pertaining to the usage of Legal Marijuana. This has resulted in widespread generalization pertaining to its usage. Other states which have not yet drafted such regulations, are under constant pressure from advocate groups, associations, among others for doing the same. All in all, the advent of Legal Marijuana is set to have a long-term impact on the food & beverage industry in the country.

 

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Some of the major market participants include Cannabis Sativa, Inc., United Cannabis Corporation., Tikun Olam, Ltd., Tilray., Lexaria Corp., GW Pharmaceuticals, plc., Canopy Growth Corporation., Aurora Cannabis, Aphria, Inc, and Maricann Group, Inc. among others. Broadening of product portfolio, strong analysis of consumer buying behavior, and efforts taken to increase awareness regarding Legal Marijuana usage are some of the key industry scenarios. Companies often have to navigate through different regulations in different parts of the world and have ensure strict compliance to it prior launching their products. In countries such as the U.S., different regulations exist for different states.

 

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Disposable Cups Market Quantitative Assessment by Industry Analysis across the Value Chain

 Disposable Cups Network | 2021 Scope of Current and Future Industry

The global disposable cups market size is expected to reach USD 20.21 billion by 2028 according to a new study by Polaris Market Research. The report “Disposable Cups Market Share, Size, Trends, Industry Analysis Report, By Product (Paper, Plastic, Foam), By Form (Dry, Liquid), By End-Use (Commercial, Institutional, Household); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Disposable cups are a suitable alternative to mugs, glasses, or any other utensil, especially if consumers are seeking any kind of outdoor activity like picnic, camping, or traveling to some other places. Social gatherings and family celebrations are also likely to propel the market growth. Single service disposable cups have many uses in homes, as they are perfect for serving samples, serving refreshments such as expresso, and cappuccino, and child-friendly options.

 

Most homes across the globe are keeping disposable cups in kitchen cabinets to prevent the spread of germs. Small cups are also handy when mixing paints, adhesives for home recreational activities. Such foreseen factors likely to fuel the market growth.

 

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With the current outbreak of COVID-19, most food service companies all over the globe have taken significant measures to ensure the safety of their employees. Fast food behemoths such as Starbucks, McDonald’s, and Dunkin’ have announced the suspension of their bring your container program in the line of the pandemic.

 

These cups are considered hygienic when it comes packaging of food and drink. Thus, many small and big food operators rely on disposables, as there are very limited deliveries. It is being predicted that, as COVID-19 spreads, such practices are expected to remain dominant in the coming years.

 

Asia Pacific is projected to witness a lucrative market growth over the study period. This is primarily due to the rise in urban population, emergence of food chains and outlets, rising disposable income. Western food chains are witnessing remarkable growth in these emerging countries, such as China, India, and South Korea.

 

Moreover, according to the article published by the Financial Express, the Indian food industry is likely to expand manifold. Such market factors are projected to foster the market demand for disposable cups over the forecast period.

 

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Market participants operating in the disposable cups industry include Go-Pak UK Ltd., Huhtamäki Oyj, Berry Global Group Inc., Pactiv LLC, DUNI AB, Dart Container Corporation, WestRock Company, Genpak, LLC, ConverPack Inc., and Benders Paper Cups.

 

Polaris Market Research has segmented the disposable cups market report on the basis product, end use, and region:

Disposable Cups, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Paper
• Plastic
• Foam

Disposable Cups, End Use Outlook (Revenue – USD Million, 2016 – 2028)

• Commercial
• Institutional
• Household

 

Fluid Management System Market Size, SWOT Analysis, Emerging Trends and Forecast

 Fluid Management System Network | 2021 Scope of Current and Future Industry 

The global fluid management system market size is expected to reach USD 23.2 billion by 2028 according to a new study by Polaris Market Research. The report “Fluid Management System Market Share, Size, Trends, Industry Analysis Report, By Application (Cardiology, Neurology, Dentistry, Urology, Gastroenterology, Anesthesiology, Gynecology, Laparoscopy, Others); By Product; By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The growing geriatric population, increasing occurrence of chronic diseases, and greater need for patient safety drive the market growth. Increasing demand for minimally invasive surgeries, improving healthcare infrastructure, and growing use of single-use disposable devices further support the market growth. Technological advancements, supportive government regulation, and rising investments in research and development of advanced medical equipment, and growing demand from developing economies are some factors expected to offer growth opportunities during the forecast period.

 

The different applications of fluid management systems include cardiology, neurology, dentistry, urology, gastroenterology, anesthesiology, gynecology, laparoscopy, and others. The urology segment dominated the global market for fluid management system in 2020. The fluid management system provides on-demand fluid warming and real-time fluid deficit monitoring throughout the procedure. Increasing demand for dialysis procedures and rising use in hospitals boost the growth of this segment.

 

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The different products included in the report include standalone fluid management systems, integrated fluid management systems, and fluid management disposables and accessories. There has been a high demand for standalone fluid management systems. The increasing occurrence of chronic diseases coupled with initiatives to deliver effective healthcare services drives the market growth. Increasing demand for insufflators, fluid warming systems and dialyzers, medical insurance, and the development of advanced healthcare infrastructure boosts the market growth.

 

 

The management systems are used in diagnostic centers, hospitals, clinics, ambulatory surgery centers, and others. The hospital segment accounted for the highest share in 2020. The increasing occurrence of cancer and cardiovascular diseases coupled with government initiatives to offer advanced healthcare services to citizens supports the growth of this segment.

 

North America dominated the global market for fluid management system in 2020 and is expected to maintain its dominance over the forecast period. High living standards, established healthcare infrastructure, and increasing occurrence of cancer support market growth in this region. However, Asia-Pacific is expected to exhibit significant growth during the forecast period.

 

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Increasing population coupled with increasing awareness regarding minimally invasive surgeries fuels growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries. Owing to technological advancements, and the greater need to cater to customer requirements, companies are collaborating in order to strengthen the market presence and gain market share. Broadening of the product portfolio is another trend that is visible in the industry.

 

Some of the major market participants include Cardinal Health, Inc., Stryker Corporation, Karl Storz GmbH & Co. Kg, Zimmer Biomet Holdings, Inc., Baxter International Inc., Becton, Dickinson and Company, Angiodynamics, Inc., Hologic, Inc., Ecolab Inc., Olympus Corporation, Medtronic PLC, Fresenius Medical Care AG & Co. KGaA, B. Braun Melsungen AG, Johnson & Johnson, and Smiths Group PLC.

 

 

Millimeter Wave Technology Market Quantitative Assessment by Industry Analysis across the Value Chain

 Millimeter-Wave Technology Network | 2021 Scope of Current and Future Industry 

The global Millimeter Wave Technology Market Size is anticipated to reach $6,752 million by 2026 according to a new research published by Polaris Market Research. In 2018, the mobile and telecom segment accounted for the highest market share in terms of revenue. North America is expected to be the leading contributor to the global Millimeter Wave Technology market revenue in 2018.

 

The increase in demand for high speed data connectivity and growth in mobile traffic worldwide majorly drives the Millimeter Wave Technology market growth. Millimeter-Wave Technology is increasingly being used owing to significant increase in the demand for the bandwidth-intensive applications. The increasing applications in radar and security sectors, and increasing adoption of advanced networking technologies boost the market growth. The evolution of 5G technology and growing demand for mobility accelerate the growth of the Millimeter Wave Technology market. New emerging markets and increasing applications in defense, aerospace, and satellite communication would provide growth opportunities in the market in the coming years.

 

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5G networks will be based on higher frequencies based millimeter wave spectrum. These frequencies are capable of carrying massive amounts of data at very high speeds and with very little latency. Millimeter wave spectrum is capable of accommodating increase in data demands from mobile-first users, connected homes, AR/VR devices, cloud gaming systems, self-driving vehicles, IoT sensors and other cloud-connected devices.

  

North America generated the highest Millimeter Wave Technology market share in terms of revenue in 2018. The growing demand from the telecommunication sector, and development of 5G technology has accelerated the market growth in the region.  The increasing trend of IOT, and growing demand for mobility supports the growth of the market in the region. The technological advancements, and growing demand from defense and aerospace sectors improves the Millimeter Wave Technology market growth rate.

 

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Asia-Pacific is expected to grow at the highest rate during the forecast period. This is owing to significant growth in the automotive industry in the region.

The well-known companies profiled in the Millimeter Wave Technology market report include NEC Corporation, Siklu Communication Ltd, Bridgewave Communications, Inc., E-Band Communications, LLC, Aviat Networks, Inc., Millitech, Inc., Millimeter Wave Products Inc., Farran Technology, Ltd, Keysight Technologies, Inc., and Ducommun Incorporated among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Eyewear Market Size, SWOT Analysis, Emerging Trends and Forecast

 According to a new study published by Polaris Market Research the worldwide eyewear market is anticipated to reach over USD 235 billion by 2026. In 2017, the spectacles segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global eyewear market.

 

The increasing rate of diseases associated with vision, along with growing ageing population majorly drives the market growth. Consumers are increasingly becoming aware of eye health, which supports market growth. The growing popularity of fashion trends, and increasing disposable income encourage consumers to purchase designer and branded eyewear. Other factors driving market growth include spending longer durations in front of computers and laptops, increasing cases of myopia, hypermetropia, & astigmatism, and changing dietary habits. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for eyewear market in the coming years.

 

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The increasing need for vision correction and growing diseases related to vision in the geriatric population drives the market growth. Consumers are increasingly spending more time in front of mobile devices for work or leisure, which leads to higher cases of vision problems. Changing dietary habits and hectic lifestyles also lead to increasing vision problems. Increasing life expectancy and associated diseases with old age such as presbyopia and cataract augment market growth. There is increasing awareness among consumers regarding eye care, which encourages them to take preventive measures, thereby boosting market growth.Sale of products through online channels has gained significant popularity over the years.

  

The trend of online shopping is gaining traction in developing economies, thereby encouraging established market players to distribute their products globally. Emerging and new players are also using online platforms for promotion and sale of products. Online distribution channels offer a global platform to market players for expansion of customer base, while reducing operation cost.

 

The growing disposable income has encouraged people to buy quality eyewear products that are in perfect amalgamation with their increasing living standards. Moreover, people are now opting for trendy and designer sunglasses according to latest trends prevailing in the market. Youth prefer to don contact lenses in an effort to accentuate their overall appearance. Thus, lofty living standards and increasing fashion consciousness, would contribute to the growth of the eyewear market, thereby positively affecting the market growth.

 

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The growing popularity of fashion trends has increased the demand for branded and luxury eyewear products. Consumers are increasingly buying spectacle frames, lenses, and sunglasses with respect to changing fashion trends. The rising standards of living, increasing disposable income, and increase in fashion conscious population drives the market for luxury eyewear products. Earlier premium eyewear products were only available at selected stores at high prices. However, with technological advancements, and mass manufacturing processes, global players are offering these products globally at affordable prices.

 

Asia-pacific is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, leading to rising living standards and high disposable income. Expansion of global players into these countries to tap market potential boosts the market growth. Increasing use of mobile devices and online shopping further augments market growth.

 

The various types of eyewear include spectacles, lenses, and sunglasses. The spectacle segment is expected to lead the market during the forecast period owing to increasing defects and diseases associated with vision. Growing geriatric population and changing lifestyles support the market growth. Spectacle frames can be made using materials such as metal, plastic, and nylon. Consumers are increasing opting for lenses for vision defects as well as for cosmetic purposes.

 

The well-known companies profiled in the report include Luxottica Group S.p.A, Bausch + Lomb Inc., Johnson & Johnson Vision Care, Prada S.p.A, Safilo Group S.p.A, Fielmann AG, Cooper Companies, Inc., Essilor International S.A., GrandVision, Carl Zeiss AG, Hoya Corporation, De Rigo SpA. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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5G IoT Market 2021 Key Stakeholders, Subcomponent Manufacturers, Industry Association 2027

 5G IoT Network | 2021 Scope of Current and Future Industry 

The global 5G IoT market size is expected to reach USD 11.35 billion by 2027 according to a new study by Polaris Market Research. The report “5G IoT Market Share, Size, Trends, Industry Analysis Report, By Radio Technology (5G NR Standalone Architecture and 5G NR Non-Standalone Architecture); By Range (Short Range IoT Devices and Wide Range IoT Devices); By Vertical (Manufacturing, Energy & Utilities, Government, Healthcare, Transportation & Logistics, Mining and Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

5G network provides a smooth communication and networking functions and works under a wireless high-frequency technology. In addition, the technology provides an advanced, improved flexibility of wireless services, higher network speed, and reduced latency. IoT devices such as wireless sensors, computer devices, software, actuators, and others largely depend on prompt communication and data transfer services, which is provided through this technology.

 

Moreover, it offers improved flexibility of wireless services and are largely dependent on instant communication & data transfer provided through 5G technology. It plays a vital role in the evolution of communication as well as in the businesses and society in the market. For instance, in order to obtain measurements from a boiler or other equipment in manufacturing industry, 5G IoT offers ultra-reliable communications for several time-sensitive communications processes.

 

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Increased demand for manufacturing & adoption of this technology will not only provide reliable networks but also deliver fantastic secure connection for Industrial IoT by assimilating security into the network architecture. Moreover, factors such as rise in demand for processing of collected data via sensors, analyzing, and real-time tracking of business operations & other activities across several industrial sectors are some of the other factors fueling the market growth. Furthermore, with providing backing operations that require real-time access to data changes instantly and increased demand for ultra-low latency from numerous sectors are some of the factors driving the market growth.

 

However, lack of research and innovation and high upfront costs for infrastructural establishment are limiting the market growth. On the contrary, consumer landscape and changing business environment are expected to provide lucrative opportunities to the global market in the upcoming years. For instance, in 2019, Microsoft has announced a partnership with AT&T, which is a multinational conglomerate holding company in order to unlock 5G scenarios via its Azure Edge Zones. In addition, the partnership aimed at operating and extending its service using 5G and LTE networks. The Azure Private Edge Zones solutions helps in providing high-security applications such as factory IoT & robotics management, private smart grid for hospitals, among others.

 

Market participants such as Anritsu, AT&T, Bell Canada, BT Group, Ericsson, Etisalat, Huawei, Juniper Networks, Inc., Nokia, Palo Alto Networks, Inc., Qualcomm Technologies, Inc., Rogers, Sierra Wireless, Singtel, Sprint, Syniverse Technologies LLC, Telefónica, Telenor Group, Telstra, Telus, Verizon, and Vodafone, among others. are some of the key players operating in the global market.

 

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Key players in the market are focusing on launching new products & developing existing offering and have adopted various strategies to expand their foothold in the market. Also, governments in countries such as U.S., South Korea, China, Japan, among others are expected to largely adopt & implement 5G IoT technology in the coming years. For instance, Nokia and Korea Telecom (KT) has collaborated to conduct trails of 5G NFV and network slicing which will allow to provide innovative services, including virtual reality, smart factory, IoT use cases and connected cars. Qualcomm Technologies, Inc. recently announced 212 LTE IoT modem, single mode, NB2 IoT chipset which allows for less power consumption.

 

Polaris Market Research has segmented the 5G IoT market report on the basis of radio technology, range, vertical, and region

 

5G IoT Radio Technology Outlook (Revenue – USD Million, 2020-2027)

• 5G NR Standalone Architecture
• 5G NR Non-Standalone Architecture

5G IoT Range Outlook (Revenue – USD Million, 2020-2027)

• Short Range IoT Devices
• Wide Range IoT Devices

5G IoT Vertical Outlook (Revenue – USD Million, 2020-2027)

• Manufacturing
• Energy and Utilities
• Government
• Healthcare
• Transportation and Logistics
• Mining
• Others

Natural Food Colors Market Analysis, Impact Of Covid-19 On Sales, Business Opportunities In 2021

 Natural Food Colors Network | 2021 Scope of Current and Future Industry 

The global natural food colors market size is expected to reach USD 2,984.9 Million by 2026 according to a new study by Polaris Market Research. The report “Natural Food Colors Market Size, Share & Trend Analysis Report, By Type (Carmine, Curcumin, Paprika, Turmeric, Beet, Anthocyanins, Caramel, Annatto, Carotenoids, Chlorophyll, Spirulina, Others); By Form (Liquid, Powder, Gel, Emulsion); By Application (Bakery & Confectionery, Beverages, Dairy Products, Frozen Products, Meat Products, Others), Regions and Segment Forecasts, 2020- 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

 Some of the important players profiled in the report include Archer Daniels Midland Company (U.S.), Allied Biotech Corporation, BASF SE (Germany), CHR Hansen Holding A/S (Denmark), D.D. Williamson & Co., Inc. (U.S.), Diana Naturals, Dohler Group (Germany), DowDuPont (U.S.), Fiorio Colors S.R.L (Italy), FMC Corporation (U.S.), Food Colour Innovation S.L. (Spain), GNT Group (The Netherlands), IFC Solutions. (U.S.), Kalsec Inc. (U.S.), Kolorjet Chemicals Pvt.Ltd. (India), Koninklijke DSM N.V. (The Netherlands), Lycored Ltd. (Israel), Naturex S.A. (France), Phinix International (India), San-Ei Gen F.F.I., Inc. (Japan), Sensient Technologies Corporation (U.S.), Vinayak Ingredients India Pvt. Ltd. (India) among other notable players.

 

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With leading market players holding significant market share, the market remains highly consolidated. Leading players of the natural color industry, while expanding their distribution network, continue to make heavy investments in research and development. The need for a wide range of products and a broader network creates high entry barriers to the market for natural colors of foods, making consolidating market positions difficult for local and regional players.

 

Food coloring is still playing a major role in the market, with companies still attracting consumers with attractive food colors. Various surveys show that food coloring remains of vital importance on the F&B market as consumers continue to base their assessment on food coloring. While the use of synthetic colors continues, recent research on the association of various health issues with synthetic food color consumption has brought the safety of the ingredients into question by consumers.

 

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The key market trend in the current natural food colors is increased stability and function. The main aim of the manufacturers is also to create natural, powdered food colors especially in yellow, orange and brown. This is due to the use for ready-to-eat meals, sauces, and noodles and of a large amount of seasoning consumption. Herstellers are looking forward to develop a new natural food color source at a low cost. They are concentrating on developing new drying methods and materials that enable powder stability innovation at a competitive cost. As a result, food manufacturers are investing in clean labels, thereby bringing in newer products or revising existing product portfolios through the incorporation of clean label food colors. The result is a growing need for a number of products which bear claims such as “natural.”

 

Increased government aid is expected to boost the growth of the market in Asia Pacific in turn to encourage the adoption of natural food colors in different food and beverage applications. During the forecast period, the demand for natural colors in China and India is expected to increase. The launch of new products with natural ingredients is a key reason for this. Carmine is the most popular pigment in Asia-Pacific in red colors, while beta carotene and carotenoids are preferable in orange and yellow colors.

 

 

The world market for food colors is divided into types, form, applications and geographic areas. It is bifurcated into carmine, curcumin, paprika, turmeric, beet, anthocyanins, caramel, annatto, carotenoids, chlorophyll, spirulina, and others based on the type. The form segments is further bifurcated into liquid, powder, gel, emulsion. The application section is further segmented into bakery & confectionery, beverages, dairy products, frozen products, meat products, and others. According to regions, the market has been analyzed on a country level throughout North America, Europe, Asia-Pacific and Latin America and Middle East & Africa. The maximum development rate on the global market is expected to occur in Asia Pacific due to high demand from economies such as India, South Korea, China, etc.  

 

 

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Breastfeeding Accessories Market Quantitative Assessment by Industry Analysis across the Value Chain

 Breastfeeding Accessories Network | 2021 Scope of Current and Future Industry 

The global breastfeeding accessories market expected to reach US$ 3.20 billion by 2028 according to a new study by Polaris Market Research. The report “Breastfeeding Accessories Market Share, Size, Trends, Industry Analysis Report, By Product (Nipple Care Products, Breast Shells, Breast Pads, Baby Scales, Breastmilk Preparation & Cleaning Products, Breastmilk Storage & Feeding, Others); By Age Group (0-6 months, 7-12 months); By Distribution Channel (Online, Offline); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Rising awareness pertaining to the advantages of breastfeeding is expected to drive the demand for breastfeeding accessories. The global market for breastfeeding accessories is also driven by increase in disposable income of the working mothers having less time due to busy schedules, dedicated lactating rooms at the working places, and positive campaigns by the government to promote health benefits to the child about breastfeeding.

 

The global market for breastfeeding accessories is fragmented based on product, age group, distribution channel, and region. In terms of product, the market is segmented into nipple care products, breast shells, breast pads, baby scales, breastmilk preparation & cleaning products, breastmilk storage & feeding, and other accessories. The age group segment is further divided into 0-6 months’ and 7-12 months’ babies. Based on distribution channel segment is further divided into online and offline channels.

 

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Segment Highlights

• The milk storage and feeding segment accounted for the largest revenue share in 2020 owing to the surge in milk banks and increasing awareness pertaining to breast milk storage. The segmented accounted for over 25% of the market share in 2020.
• Based on distribution channels, offline channels are projected to constitute almost half of the market in 2028. The market players have strong distribution model and robust associations with retailers and distributors.
• North America breastfeeding accessories industry accounted for over 50% of the market share in 2020. The sale of concerned product in the region is increasing due to social marketing and positive federal laws to promote breastfeeding at public places.
• Asia Pacific region is projected to exhibit highest growth in the global market for breastfeeding accessories. This can be attributed to the increasing population of working women across the developing economies of the region.
• Few of the major players operating in the market include Edgewell Personal Care, Newell Brands, Koninklijke Philips N.V., and Pigeon Corporation. The companies in the industry are adopting strategies such as mergers & acquisitions and regional expansion.

List of Key Players of Breastfeeding Accessories Industry

• Edgewell Personal Care
• Newell Brands
• Koninklijke Philips N.V.
• Pigeon Corporation
• Medela LLC
• Mayborn Group Limited
• Others

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Polaris Market Research has segmented the breastfeeding accessories market report on the basis of product, age group, distribution channel, and region

.

Breastfeeding Accessories, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Nipple Care Products
• Breast Shells
• Breast Pads
• Baby Scales
• Breastmilk Preparation & Cleaning Products
• Breastmilk Storage & Feeding
• Other Accessories

Breastfeeding Accessories, Age Group Outlook (Revenue – USD Million, 2016 – 2028)

• 0-6 months
• 7-12 months

Breastfeeding Accessories, Distribution Channel Outlook (Revenue – USD Million, 2016 – 2028)

• Online Channels
• Offline Channels

Breastfeeding Accessories, Regional Outlook (Revenue – USD Million, 2016 – 2028)

• North America
  • U.S.
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
• Central & South America
  • Mexico
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

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Mining Drills and Breaker Market 2021 Key Stakeholders, Subcomponent Manufacturers, Industry Association 2027

 Mining Drills and Breaker Network | 2021 Scope of Current and Future Industry 

The global Mining Drills and Breakers market size is expected to reach USD 15,817.8 million by 2026 according to a new study by Polaris Market Research. The report “Mining Drills and Breakers Market Share, Size, Trends, Industry Analysis Report By Product Type (Drills (Rotary and Crawler), Breakers (Rock and Hydraulic)), Sales (Original Equipment, Aftermarket), Application (Mineral Mining, Coal Mining, Metal Mining); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Mining industry has witnessed a huge shift in production, exploration activities, technological advancements and many more in the recent years. This industry uses sophisticated and productive machinery with digitization in order to increase the productivity and decrease the costs. The mining industry deals with huge tasks that are related to operations and maintenance. Increase in demand for metals in various industries have accelerated the mining activities across the globe.

 

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One of the major factors driving the demand for mining drills and breakers market the development of underground and surface exploration operations. During the mining operations, drills are used to dug into the surface and breakers are used to break the rocks into smaller pieces. This in turn, has driving the growth of in demand for mining drills and breakers. Technological advancements such as use of IoT, infrared, sonic and optical cameras have also fueled the growth of this market. However, stringent government regulations pertaining to environment protection is anticipated to hamper the growth of this market in near future. China has implemented the Environmental Protection Tax Law in order to cope with the pollution caused by exploration activities.

 

Metal mining holds a major share in the global market. Increasing demand for metal across the globe has propelled the growth in demand for drills and breakers. Coal mining is also expected to exhibit rapid growth in the overall market. Asia Pacific is expected to witness exponential growth in the mining drills and breakers market over the forecast period. Rapidly growing construction market in this region is projected to fuel the growth in demand for mining drills and breakers. The market is dominated by after sales as the equipment and their parts are subject to massive wear and tear during operations. The companies operating in this market are providing repair services along with rental services.

 

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Some of the leading players in the global market include Caterpillar, Inc, Boart Longyear, Energold Drilling Corp, Doosan Corporation, Epiroc AB, Geodrill Limited, Komatsu Ltd, Metso Corporation, Furukawa Co., Ltd, and Sandvik AB. among others. The key players in this market have adopted the strategy of product differentiation with a focus on pricing and specifications. In addition to this, providing application specific breakers is also expected to bring in new opportunities for the major players in this market. In addition, partnerships to strengthen the distribution channels can prove as a major developmental strategy for the key players in this market