walker45 – Page 12

Organic Banana Market Growth, Analysis, Size, Share, Price, Trends, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Organic Banana Market Analysis, Growth, Share, Size, Report, Forecast 2023-2028’, gives in-depth analysis of the global organic banana market, assessing the market based on its segments like distribution channel and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 10.5%

The rising public health awareness and growing popularity of private label brands are augmenting the growth of organic bananas globally. Additionally, concerns about animal food safety and health have resulted in an increase in demand for plant-based food products. The demand for plant-based foods is robust among health-conscious consumers, as these foods and ingredients do not contribute to health problems. This is contributing to the growth of the organic banana industry.

Organic Banana Industry Definition and Major Segments

Conventional bananas are grown using synthetic fertilizers and pesticides, whilst organic bananas are grown using only natural methods of stimulating plant growth and eradicating predatory insects. Organic bananas contain a significant amount of vitamin B6, also known as pyridoxine which is a necessary component of red blood cell formation. Organic bananas can also aid in diabetes control, attributing to their low glycemic index that is 51.

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Based on distribution channel, the market can be segmented into:

Supermarkets and Hypermarkets
Convenience Store
Specialty Store
Online
Others

Based on region, the market is segmented into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Organic Banana Market Trends

Due to concerns about chemical additives, consumer preferences have shifted toward the consumption of food products with natural ingredients as a result of an increasing focus on living a healthier lifestyle. This has a hugely positive effect on organic bananas adoption as well. The establishment of fair-trade forums such as the Latin American Coordination of Banana Unions (COLSIBA) throughout Latin America has strengthened the organic banana market in LATAM.

According to FAO, Dominican Republic is the largest producer of organic bananas representing more than half of the global organic banana’s produce. In the forecast period, the market is anticipated to grow on account of no usage of insecticides and pesticides in the growing of organic bananas, which creates a positive impact on the consumers’ minds.

Key Market Player

The major players in the market are Chiquita Brands International Sàrl (NYSE: CQB), Coliman Group, Del Monte Fresh Produce Co., Dole Food Co. Inc., Fyffes Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Male Grooming Products Market Growth, Analysis, Size, Share, Price, Trends, Report, Forecast 2023-2028

The ‘Global Male Grooming Products Market Analysis, Growth, Share, Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global male grooming products market, assessing the market on the basis of its segments like product, price range, distribution channel, and region.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Male Grooming Products Market Price, Share, Size, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 5.1%

The growing awareness among male consumers regarding their personal wellbeing and appearance is a significant driver for global male grooming products market. Also, the growing influence of social media along with men’s expectations of looking attractive are increasing the demand for male grooming products.

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Also, a positive outlook for global market for male grooming products is being presented by the expanding use of various skincare and grooming products in salons and spas to improve the efficacy of skin treatments. Top brands are now launching exclusive male product lines and male versions of their best-selling lotions for anti-ageing, fairness, and sunscreen.

E-commerce is becoming more and more popular for the purchase of male grooming products due to its ease of use and availability of a wide range of product options, which is a significant driver for the market for male grooming products. Changing lifestyles, increasing skincare awareness, and higher disposable income are further contributing to the market expansion of male grooming products.

At regional level, Asia Pacific is expected to witness rapid growth in the male grooming products market due to the growing e-commerce industry, increasing interest in grooming products, and sizable male youth populations. Men frequently utilise skin care and body shaving products in the Asia Pacific area, which supports the growth of the regional market.

Male Grooming Products Industry Definition and Major Segments

Male grooming products are those products that men use to groom themselves and make themselves look and feel better. Mens grooming supplies include everything from basic skin and hair care products, to shaving aids, and after shave products. These products are designed for use by males, as they are adapted to suit the skin texture of males.

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Based on product, the market is segmented into:

• Male Toiletries
• Electric Products
• After Shave Lotions
• Others

On the basis of price range, the market is bifurcated into:

• Mass Products
• Premium Products

By distribution channel, the market is categorised into:

• Supermarkets and Hypermarkets
• Pharmacy Stores
• Online Stores
• Others

On the basis of region, the market is divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Male Grooming Products Market Trends

A key trend in the market is that men are spending more money on grooming products as a result of changing ideas of traditional masculinity brought on by the rise in popularity of metrosexual lifestyles and the growing influence of celebrities and influencers. The demand for global male grooming products market is also being fuelled by an increase in the number of men’s salons around the world.

In addition, certain market players are creating new electrical products, such as shavers, by combining new performance traits with advanced technology. Prominent companies are also investing in marketing initiatives and promoting their products on social media platforms like Facebook and Twitter.

The desire for safe, all-natural, organic, and non-cruelty grooming products has grown recently. The global market for male grooming products has seen an increase in demand for organic, natural, and clean-label products due to growing consumer knowledge of the negative effects of several chemical compounds widely used in grooming products. The premiumisation of the market for men’s grooming products and the rising importance of clean-label ingredients are further supporting the male grooming products market growth.

Key Market Players

The major players in the global male grooming products market report are:

Unilever plc
Procter & Gamble
Edgewell Personal Care
Beiersdorf
Koninklijke Philips N.V.
L’Oréal Paris
Panasonic Corporation
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Customer Success Platform Market Growth, Analysis, Share, Size, Trends, Price, Report, Forecast 2023-2028

The ‘Global Customer Success Platform Market Analysis, Growth, Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global customer success platform market, assessing the market on the basis of its segments like applications, components, deployment models, organisation sizes, industry verticals, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Customer Success Platform Market Price, Trends, Growth, Industry Report, Key Player, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): Around USD 1351.6 Million
• Forecast CAGR (2023-2028): 26.10%
• Forecast Market Size (2028): Nearly USD 5434.24 Million

A major factor driving the global customer success platform market is the growing adoption of customer experience management solutions among companies to improve their profitability. There is a shift from product-centric strategies to customer-centric strategies in the business landscape as a loyal customer base leads to higher growth.

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Market players also adopt this strategy to stand out from their competitors as satisfied customers can improve their brand image and increase their profitability. Furthermore, businesses are increasingly using customer success platforms to gain data-driven insights and better understand customers’ behaviour and usage patterns, hence aiding the customer success platform market demand.

Customer success platforms typically utilise cloud-based solutions that are accessible through the internet. However, various enterprises also use on-premises platforms due to privacy concerns. On-premises model also offers better flexibility for customisation and integration, benefitting enterprises that have specific integration requirements.

Besides, the flourishing telecommunications and IT sector is another crucial factor that drives the growth of the global customer success platform market. The IT sector oftentimes offers complex products and services that require step-by-step guidance and training material for better understanding. Hence, such platforms offer updates about new features, schedule maintenance, and make new changes through emails, messaging, or even in-app notifications. Moreover, the platform also monitors the key metrics and indicators to assess the health and service performance for taking proactive measures accordingly.

The adoption of customer success platforms improves the patients’ journey and provides various benefits to the healthcare and life sciences sector. They also provide an improved experience to patients while offering personalised care and constant communication between the doctors and the patients. By improving patient-doctor relationships, such platforms reduce the hassle of travelling long distances and making appointments. Therefore, their increased usage in hospitals and clinics positively influences the global customer success platform market.

With companies attempting to improve their conversion rates, customer satisfaction, and long-term customer loyalty, the demand for customer success platforms is expected to considerably rise in the forecast period.

Customer Success Platform Industry Definition and Major Segments

A customer success platform is software that assists businesses in customer relationship management by focusing on customer onboarding, user growth, engagement, and reviews. This ensures that the customers achieve the desired results on the usage of the vendor’s products and services, and it builds a mutually beneficial relationship between the customer and vendor.

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On the basis of application, the market is classified into:

• Customer Experience Management
• Sales and Marketing Management
• Risk and Compliance Management
• Customer Service

Based on component, the market is segmented into:

• Solution
• Services
o By Type
 Professional Services
 Managed Services

On the basis of deployment model, the market is divided into:

• On-Premises
• Cloud

Based on organisation size, the market is segmented into:

• Small and Medium-Sized Enterprises
• Large Enterprises

On the basis of industry vertical, the market is classified into:

• Banking, Financial Services, and Insurance
• Retail and eCommerce
• Telecommunications and IT
• Healthcare and Life Sciences
• Government and Public Sector
• Others

Based on region, the market is divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Customer Success Platform Market Trends

A key trend propelling the growth of the global customer success platform market is the integration of IoT and AI to improve the customer experience and facilitate seamless payments. These platforms also enable organisations to enhance their UX (user experience) with the use of analytics to enhance the customer engagement.

Cloud services are gaining popularity owing to their scalability, dependability, efficiency, and flexibility benefits. Market players are also combining real-time analytics with cloud-based customer service platforms to provide higher scalability and ease of data storage while driving automation. Moreover, market players, especially startups, are implementing innovative solutions to increase customer satisfaction, which is expected to drive the customer service platforms market growth in the coming years.

The growing emphasis on improving customer experience in the retail and e-commerce sector is boosting the requirement for effective customer solutions. Retailers implement customer success strategies to increase customer loyalty and improve overall customer satisfaction. User engagement, activity, satisfaction, and retention data are some of the factors that decide the efficiency of the customer success platform.

Surging attempts by key players to gain real-time insights for boosting customer engagement are expected to provide lucrative growth opportunities to the customer success platform market. For instance, in June 2023, Amberflo, a cloud metering and billing platform, launched a salesforce app, e Amberflo Salesforce App, which provides real time insight into customer behaviour. This includes customers interaction with cloud applications and service to empower to effectively engage with customers on a daily, weekly, or even monthly basis.

Region-wise, North America accounts for a substantial share of the customer success platform market due to the wide presence of key players in the region. Large and medium-sized companies are providing multi-channel services so the customer can have a seamless experience. This is boosting the adoption of business tools such as sentiment analytics, speech analytics and text analytics to improve the understanding of unstructured data collected from customer interaction.

Key Market Players

The major players in the global customer success platform market report are:

Gainsight, Inc.
Salesforce.com, Inc. (NYSE: CRM)
Natero
Totango
ClientSuccess
Strikedeck
ChurnZero
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

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Gas Meter Market Growth, Analysis, Share, Size, Trends, Price, Report, Forecast 2023-2028

The new report by Expert Market Research titled,’ Gas Meter Market Analysis, Growth, Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the global gas meter market, assessing the market based on its segments like types, process types, distribution channels, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/gas-meter-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 3.32 billion
Forecast CAGR (2023-2028): 5.1%
Historical Market Size (2026): USD 4.5 billion

The Gas Meters Market is expanding owing to increased demand from industrial applications such as chemicals, glass, pulp and paper, metals, refining, stone, rubber, and food processing industries. The fuel composition has moved away from coal to lower-emission fuels such as natural gas in recent years. The rising demand for smart equipment to track fuel supply in the energy industry will be a significant driving force for global gas meters market development in the forecast period.

The increased installation of basic gas meters in the commercial and residential sectors can be attributed to the segment’s rise. Growing infrastructure development investments to boost growth in smart cities, industrial and energy corridors is expected to further increase the gas meter industry, especially in Asia-Pacific.

Gas Meter Industry Definition and Major Segments

A gas meter is a device that measures and records the amount of gas that is consumed or generated. They ensure sufficient gas pressure from the main supply and keep track of gas consumption and issuing correct bills.

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The market can be divided into the following segments based on type:

Basic
Smart

The market can be divided on the basis of application into:

Residential
Commercial Plastics and Rubber
Industrial

The leading regional markets for Gas Meter are:

North America
Latin Americas
Middle East and Africa
Europe
Asia Pacific

Gas Meter Market Trends

Low pollution, higher calorific value, and more effortless operability are expected to play a significant role in shaping the future industry. Over the next few years, such a change in customer trends is expected to benefit the gas meter industry. As a result, administrative costs would reduce, and data processing across departments could be simplified. The inability to handle large data volumes produced by smart gas meters, on the other hand, is expected to hamper gas meter market growth and development.

Key Market Players

The major players in the market are Honeywell International Inc., Itron Inc, Apator SA., Diehl Stiftung & Co. KG, and Sensus (Xylem Inc.), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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Fluid Milk Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Fluid Milk Market Share, Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the Global Fluid Milk market, assessing the market based on its segments like type, packaging material, distribution channel and major regions like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): 228 million tons
Forecast CAGR (2023-2028): 1.6%
Forecast Market Size (2026): 251 million tons

The global Fluid Milk market has been growing as a result of increased exposure of the consumer base to different types of fluid milk products in the historical period. The market for fluid milk is gradually increasing due to demand propelled by population growth, increased health consciousness, and rising discretionary incomes.

Fluid Milk Industry Definition and Major Segments

Fluid Milk is the industry term for any milk or milk products that are created by adding a substance to milk or any liquid milk product during production and processing and then sold in the market for human consumption. Simply put, they are the milk products, that are consumed as beverages in liquid form. Fluid milk is usually fortified with vitamins A and D.

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Based on type, the market is segregated into:

Whole
Reduced Fat
Low Fat
Fat Free
Organic
Others

As per the packaging material, the market is divided into:

Paper
Plastic
Glass
Others

With respect to distribution channel, the market is segmented into:

Supermarkets and Hypermarkets
Convenience Stores
Specialty Food Stores
Online Retail
Others

The regional market for Fluid Milk is:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Fluid Milk Market Trends

North America leads the fluid milk market, as one of the world’s largest producers of cow’s milk, followed by Asia Pacific. In 2016, the United States supplied approximately 212 billion pounds of fluid milk both domestically and internationally. In many developing countries, such as India and China, fluid milk is considered an essential component of the daily diet. There are several milk beverages made from fluid milk with added plant sterols that are intended to help improve cholesterol levels in the body.

Products made from fluid milk are generally carbohydrate-reduced, protein and calcium-fortified, and specifically engineered for adults. Due to these advantages, the fluid milk market is expected to penetrate the beverage market on a larger scale during the forecast period.

Aside from all the advantages, the presence of substitutes in the market is inhibiting the growth of the fluid milk market. Vegans and people with lactose intolerance also prefer to avoid dairy-based products, which keeps the fluid milk market growth in check.

Key Market Players

The major players in the market are Lactalis Group, Nestlé S.A., Fonterra Co-operative Group, Dean Foods, Arla Foods amba, Dairy Farmers of America and few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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United States E-Cigarette And Vape Market Share, Size, Trends, Price, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘United States E-Cigarette and Vape Market Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the United States E-Cigarette and Vape Market, assessing the market based on its segments like types, component, composition, battery mode, distribution channel, and major region.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the critical demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2020): USD 12.8 Billion
• Forecast CAGR (2023-2028): 25%
• Forecast Market Size (2026): USD 48.9 Billion

The rapid expansion of vape shops in the United States has resulted in an increase in the market for e-cigarettes and vapes. Additionally, the growing popularity of e-cigarettes among the youth population is further propelling the market. A growing number of tobacco-related cancer cases in the US have prompted the patients to look out for alternatives for substituting cigarette smoking, which is also catalyzing the market. A considerable percentage of the US population uses e-cigarettes and vapes to help them quit smoking, which is responsible for an escalating CAGR in the forecast period.

United States E-Cigarette and Vape Industry Definition and Major Segments

An electronic cigarette (e-cigarette) is a battery-powered device that simulates the act of smoking tobacco. It comprises an atomizer, a power source (typically a battery), and a container (typically a cartridge or tank). The user inhales vapor rather than smoke. These products are available in both non-nicotine and nicotine forms, which has resulted in a large section of the population considering these devices to be a superior alternative.

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The market can be divided into the following segments by type:

• Disposable
• Rechargeable
• Modular Devices

On the basis of component, the market is divided into:

• Atomizer
• Vape Mod
• Cartomizer
• E- Liquid

The industry can be broadly categorized based on composition into:

• Tobacco
• Flavours
• Nicotine-Free

According to the battery mode, the market is bifurcated into:

• Automatic
• Manual

Basis distribution channel, the market is segmented into:

• Online
• Offline

The leading regional markets for the US e-cigarette and vapes are:

• New York
• California
• Florida
• Texas
• Others

United States E-Cigarette and Vape Market Trends

Increasing consumption of e-cigarettes and vape mods by the consumers is considered as a substitute for traditional cigarettes. The market is expected to expand significantly as a result of growing health concerns regarding the use of conventional tobacco cigarettes. By type, the rechargeable segment is anticipated to lead the market owing to its low costs along with its refillable and reusable properties.

However, over the forecast period, the modular devices segment is expected to experience the fastest owing to their larger batteries and increased capacity for e-liquid. By component, the vape mod segment is leading the market, attributing to its flexible properties like controls of temperature, power, and vapor production. The popularity of retail stores in the US has resulted in a high share of the offline distribution channel of e-cigarettes and vapes in the region.

Personalized vaporizers are still the most recent development in the market, formulated by major e-cigarette manufacturers. These advanced models deliver the optimal vaping experience and are designed to meet the demands of the most active and regular vapers. However, strict regulations on the usage of e-cigarettes and vapes in many countries have hampered the expansion of the market. Numerous countries have prohibited the manufacture and sale of vapor products, resulting in lower prices.

Key Market Players

The major players in the market are Reynolds American Inc. (NYSE: RAI), Imperial Brands Plc , JUUL Labs, Inc., Altria Group, Inc., Philip Morris International Inc. , International Vapor Group , British American Tobacco, Shenzhen IVPS Technology Co., Ltd., among others The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of the key market players.

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Electric Wheelchair Market Growth, Analysis, Share, Size, Trends, Price, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Electric Wheelchair Market Analysis, Growth, Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the electric wheelchair market, assessing the market supported its segments like product type, application, end-user and major regions.

The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, alongside analysing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/electric-wheelchair-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size(2020): USD 3.11 billion
Forecast CAGR (2023-2028): 9.7%
Forecast Market Size(2026): USD 5.38 billion

One of the major drivers of the electric wheelchair industry’s growth is the ageing population. Accidents and fall-related injuries are extremely common among the elderly. As a result, electrical wheelchair demand in hospitals and nursing homes is expected to increase.

Furthermore, artificial intelligence-enabled wheelchairs are being introduced to the market, allowing handicapped people to operate their wheelchairs by raising their eyebrows and sticking out their tongues. The market is expected to grow as a result of technological advancements in the industry to improve patient comfort and safety. In the coming years, these factors are expected to help the market grow even more.

Because of its small turning radius, light front tyres, ease of manoeuvring through tight spaces, and better stability, centre wheel drive accounted for a significant market share. The fact that centre wheelchairs provide more benefits than manual wheelchairs, such as increased travel distance, reduced mobilisation effort, and the ability to carry out daily activities independently. Because manual wheelchairs are difficult for elderly and disabled people to use effectively, the market for these types of wheelchairs is expected to grow during the forecast period.

Electric Wheelchair Industry Definition and Major Segments

An electric wheelchair, also known as a motorised wheelchair, is a form of transportation for people who are unable to walk. Electrical power sources, such as sealed lead-acid (SLA) batteries, propel it forward. Under the seat is a power base that houses the wheels, motors, brakes, batteries, and wiring harnesses. Gel-filled headrests, backrests, and cushions, as well as contoured foam and air-filled bladders, are included. Electric wheelchairs are typically controlled by joysticks or switches that allow users to control movement and acceleration.

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The electric wheelchair industry can be segmented on the basis of product type.

By product type:

Centre Wheel Drive
Front Wheel Drive
Rear Wheel Drive
Standing Electric Wheelchair
Others

Electric Wheelchair Market Trends

One of the key factors driving market growth is the rising prevalence of neurological disorders, which coincides with the growing geriatric population, which is more susceptible to orthopaedic conditions.

Furthermore, electric wheelchairs make it easier for people to move around on uneven terrain, soft terrain, grass, and gravel. In comparison to their traditional counterparts, they also help with pressure relief, posture management, and dependency reduction. In addition, the introduction of electric wheelchairs that can be controlled using voluntary movements such as head and tongue movement, breath actuation, and lower extremity control is boosting market growth.

Aside from that, rising participation in Paralympic sports, as well as the availability of favourable reimbursement policies and customization options, are all driving market growth. Apart from that, due to the spread of the coronavirus disease (COVID-19) and an increase in the number of people being admitted to hospitals, there is an increase in demand for electric wheelchairs all over the world. However, market expansion is currently hampered by logistical constraints.

Key Market Players

The major players within the market are Invacare Corporation, Karma Medical Products Co., Ltd., Matsunaga Manufactory Co., Ltd., Meyra Group, Guangzhou HEDY Rehabilitation Technology Co., Ltd. and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.

Busbar Market Growth, Analysis, Share, Size, Trends, Price, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Busbar Market Analysis, Growth, Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the global busbar market, assessing the market based on its segments like power rating, conductor, end-use, industry, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 15 Billion
Forecast CAGR (2023-2028): 5.25%
Forecast Market Size (2026): USD 20.4 Billion

The global busbar market is being driven by rising investments in developing efficient power supply networks across residential, commercial, and industrial establishments. Its adoption is being preferred over other options because of its ability to supply high voltage power in building structures without requiring additional space.

Increased investments in the refurbishment and replacement of ageing transmission networks and increasing adoption of smart grid technology are adding to the market size. Less heat dissipation, versatility of tap-off sites, bulk power transmission over long distances, minor fire threats, and reduced wire hassle are some of the main features that will affect product acceptance positively over the forecast period.

Busbar Industry Definition and Major Segments

A busbar (also bus bar) is a metallic strip or bar used in electric power distribution that is usually located within switchgear, panel boards, and busway enclosures for local high current power distribution. They are often used to connect high-voltage equipment at electrical switchyards and low-voltage equipment in battery banks.

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Based on power rating, the market can be divided into:

High
Medium
Low

On the basis of conductor, the industry is bifurcated into:

Copper
Aluminium

The industry can be categorised on the basis of end-use into:

Industrial
Commercial
Residential
Utilities

On the basis of industry, the industry is divided into

Chemicals and Petroleum
Metals and Mining
Manufacturing
Others

Regionally, the market is segmented into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Busbar Market Trends

The busbar market will grow faster as high-voltage transmission networks become more widely used to meet rising electricity demand. Rising investments in energy infrastructure projects to support electricity generation units would also help the market expand. For example, the European Union announced in January 2019 that it will invest USD 896.1 million in energy infrastructure projects, with USD 564.5 million going to smart grid and electricity.

Key Market Players

The major players in the market are Siemens, ABB, Schneider Electric, Eaton Corporation, Mersen, Oriental Copper Co. Ltd., Legrand Electric Ltd., and Southwire Company LLC, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Indian Tea Market Growth, Analysis, Share, Size, Trends, Price, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Indian Tea Market Analysis, Growth, Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the Indian tea market, assessing the market based on its segments like types, packaging, distribution channels, applications, processing, and major states.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 4.5%

The increasing demand for tea in India, which is driven by the increasing disposable income, growing consumption of flavoured tea, growing demand for tea to cater to entertain guests is bolstering the market growth. The increasing awareness pertaining to the heath benefits of tea is also adding to the rising demand for the beverage in the country.

Over the forecast period, the increasing popularity of tea among the millennials owing to the change in lifestyles is likely to accelerate the demand for tea. Moreover, the increasing export of tea in India, which is attributable to the high-quality tea produced in states like Assam, is anticipated to be a crucial driving factor of the market in the coming years.

Indian Tea Industry Definition and Major Segments

Tea is defined as a hot beverage which prepared by adding boiling water, milk, and sugar, to leaves of the tea plant. Tea has anti-inflammatory properties, boosts heart health, and aids digestion. Tea also reduces stress and relaxes the brain. The main cultivation points of tea include India, China, and Japan.

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On the basis of type, the market can be segmented into:

• Black
• Green
• Oolong
• White
• Others

Based on packaging, the market has been divided into:

• Loose Tea
• Plastic Containers
• Paper Boards
• Aluminium Tin
• Tea Bags

By distribution channel, the market has been categorised into:

• Supermarkets/Hypermarkets
• Speciality Stores
• Convenience Stores
• Online Retailers
• Others

The significant applications of the product include:

• Residential
• Commercial

Based on processing, the market has been segmented into:

• CTC
• Orthodox (Traditional)

The states included in the Indian tea market are as follows:

• Assam
• West Bengal
• Tamil Nadu
• Kerela
• Karnataka
• Others

Indian Tea Market Trends

The key trends in the tea market in India include the increasing sales of packaged tea products and tea bags via the e-commerce sector, owing to the changing preference towards online purchasing. In addition to this, the rapid development of supermarkets and hypermarkets in the country due to the steady economic growth in the country is likely to be another crucial trend in the market. Moreover, the growing research and development activities by the major manufacturers of tea products, aimed towards producing tea products with innovative flavours and enhanced flavour are anticipated to propel the market growth in the coming years.

Key Market Players

The major brands in the market include Tata Consumer Product Ltd (Tetley and Tata Tea), Hindustan Unilever Ltd. (Lipton and BrookeBond), Wagh Bakri Tea Group, and G.M. Tea Packers Pvt. Ltd. (Tulsi Green Tea), among others. The major suppliers included in the market are Tata Global Beverages Limited, Hindustan Unilever Ltd., Pataka Industries Private Limited, and Organic India Private Limited, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Tea Market Growth, Analysis, Share, Size, Trends, Price, Report, Forecast 2023-2028

The ‘Global Tea Market Analysis, Growth, Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global tea market, assessing the market on the basis of its segments like source, types, packaging types, applications, distribution channels, and major regions.

Tea Market Price, Share, Size, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): Nearly USD 49.75 Billion
• Forecast CAGR (2023-2028): 6.2%
• Forecast Market Size (2028): About USD 71.37 Billion

Tea is one of the most popular beverages across the world. The popularity of tea beverages in trendy bars across the globe and the increasing trend of sobriety, especially among the young population, are surging the demand for tea cocktails. With the surging focus on health, the demand for black and green teas owing to their antiviral, antioxidant, and antiallergenic properties is expected to increase in the forecast period.

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Some of the significant tea market trends include the surging interest in herbal and wellness tea blends, rising awareness regarding the health benefits of tea, innovation in tea varieties, and the surging incorporation of tea in alcoholic and non-alcohol beverages and food products.

With the growing millennial and Gen-Z population, the demand for premium and super-premium tea is surging. This is also bolstering the demand for high-grade and pure loose-leaf tea that offers a strong flavour and is packaged into glass jars, paper bags, and tea chests, among others.

As young consumers are inclined towards healthy beverages, the consumption of tea that is brewed with botanicals and high-quality leaves and does not contain artificial ingredients is surging. Furthermore, the tea market demand is bolstered by the surging popularity of various types of teas like matcha tea, kombucha, and boba tea, among others, on social medial platforms.

Tea Industry Definition and Major Segments

Tea refers to a beverage that is typically produced from the combination of water and the processed leaves of camellia Sinensis, a sub-tropical native Asian plant. Tea is widely consumed across the globe and has cultural significance in several countries and societies. It contains polyphenols and various antioxidants, due to which it is consumed as a healthy beverage.

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Based on source, the market is bifurcated into:

• Organic
• Conventional

The significant types of tea include:

• Black
• Green
• Oolong
• White
• Others

The tea market by packaging type is divided into:

• Plastic Containers
• Loose Tea
• Paperboard
• Aluminium Tins
• Tea Bags
• Others

The market, on the basis of distribution channel, is segmented into:

• Supermarkets and Hypermarkets
• Convenience Stores
• Speciality Stores
• Online
• Others

By application, the market for tea is bifurcated into:

• Residential
• Commercial

The major regional markets of tea include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Tea Market Trends

With globalisation, the demand for tea with exotic and blended flavours in emerging economies like India is increasing. The trend of health and wellness is driving the demand for teas infused with restorative and therapeutic ingredients. The growing prevalence of anxiety, stress, depression, and other mental issues is significantly boosting the preference for teas containing adaptogens and therapeutic ingredients. Various companies are also launching teas containing antioxidants that offer health and immune benefits, hence driving the tea market growth.

In hospitality venues and cafes, there is a growing interest in single-origin teas offering traceability benefits. With increasing flavour innovations in the food sector, the utilisation of teas such as matcha tea in baked goods, desserts, and chocolates is surging. In addition, the plummeting soda sales amid rising health concerns are favouring the consumption of high-quality teas in cafés, fast and casual dining, and catering, among others.

The emergence of tea cafes that enable consumers to personalise their tea by deploying innovative technologies like the Internet of things (IoT) is likely to support the market growth. The tea market development is likely to be fuelled by the growing demand for tea through online channels, the adoption of technologies by tea cafes to automate and customise brewing processes, the emergence of tea as a superfood, and the increasing preference for teas with sustainable and recyclable packaging.

Key Market Players

The major players in the tea market report are

Unilever Plc
Associated British Foods Plc
Tata Consumer Products Limited
ITO EN, LTD.
Taiwan Tea Corporation
Dilmah Ceylon Tea Company PLC.
Barry’s Tea
SAC Leão
The Hain Celestial Group, Inc.
Tenfu’s TEA
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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