Press Room

Adiponitrile Market Size Worth $11.9 Billion By 2025 | CAGR: 4.9%

The global adiponitrile market size is projected to reach USD 11.9 billion by 2025, registering a revenue-based CAGR of 4.9% during the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for adiponitrile in manufacturing hexamethylenediamine, which is a major raw material for polyamide 6,6 (nylon 6,6) is anticipated to drive the market over the forecast period. Polyamide 6,6 (PA 6,6) is extensively used in the manufacturing of automotive components including interior and exterior parts. PA 6,6 based components help reduce the weight of vehicle,...Read More »

January 2020

Home Entertainment Devices Market Size Worth $345.2 Billion By 2025

The global home entertainment devices market size is expected to reach USD 345.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.3% over the forecast period. Consumer preference for systems such as televisions as a medium for entertainment is expected to be a crucial factor driving the growth of the market during the forecast period. Home entertainment appliances are economical and hassle-free and offer access to diverse content. Consumers enjoy having the option of watching or listening to content of their choice in the...Read More »

January 2020

Paper Products Market Size Worth $275.1 Billion By 2025 | CAGR: 0.3%

The global paper products market size is expected to reach USD 275.1 billion by 2025 with a CAGR of 0.3%, according to a new report by Grand View Research, Inc. Major factor driving the market includes rising demand for paper packaging in the FMCG, pharmaceutical, and hospitality industries. Growing awareness about the adverse effects of using plastic packaging is also boosting the demand for paper products. The packaging paper application segment accounted for 51.58% of the global market in 2018 and is also expected to witness the fastest CAGR from 2019 to 2025. Leading brands are replacing plastics in their product...Read More »

January 2020

Ventilation Fan Market Size Worth $3.85 Billion By 2025 | CAGR: 7.7%

The global ventilation fan market size is expected to reach USD 3.85 billion by 2025, registering a 7.7% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand from residential, commercial, and industrial buildings is anticipated to drive the growth. Increasing installation in bathrooms, kitchens, dryer rooms, garages, and attics of residences is expected to drive the product demand. Rising installation of exhaust fans recommended in schools, hotels, bars and restaurants, laundry shops, beauty and barber shops, auto repair shops, and...Read More »

January 2020

Pet Grooming Product Market Size Worth $14.5 Billion By 2025

The global pet grooming products market size is expected to reach USD 14.5 billion by 2025, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing pet adoption and growing awareness about their hygiene are some of the factors driving the demand for pet grooming product. In addition, availability of wide range of medicated and organic variants in shampoo, conditioner, and ear butter have drawn greater consumer attention towards grooming products. Dogs and cats are the most common companion animals and...Read More »

January 2020

Shoe Deodorizer Market Worth $153.2 Million By 2025 | CAGR 6.0%

The global shoe deodorizer market size is expected to reach USD 153.2 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.0% over the forecast period. Factors such as increased inclination toward foot health and shoe hygiene as well as growth of the footwear industry drive the demand for deodorizers. The growing popularity of fitness activities has resulted in an increased demand for sports shoes. This subsequently drives the demand for deodorizers to get rid of odor. Even sports footwear with mesh panels for increased ventilation is not...Read More »

January 2020

Premium Cosmetics Market Worth $199.2 Billion By 2025 | CAGR: 7.6%

The global premium cosmetics market size is expected to reach USD 199.2 billion by 2025, exhibiting a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing awareness regarding ingredients in the beauty products and their effects on the body coupled with increasing demand for wellness beauty products is driving the market. Preference for premium cosmetics for problems such as age spots, acne, and pigmentation is expected to bode well for the market growth. Also, growing influence of the brands on social media is creating more awareness among consumers. This in turn is...Read More »

January 2020

Organic Bedding Market Size Worth $1.1 Billion By 2025 | CAGR: 5.1%

The global organic bedding market size is expected to reach USD 1.1 billion by 2025, expanding at a CAGR of 5.1%, according to a new report by Grand View Research, Inc. The significant market growth is attributed to increasing demand for high end bedding products impacted by the growing inclination towards luxurious lifestyles among consumers. Moreover growing awareness about importance of sleep and its impact on health is encouraging consumers to invest on quality products especially mattress and bed linens, thereby contributing to the growth of the market. Organic cotton bedding...Read More »

January 2020

Electric Rice Cooker Market Worth $1.1 Billion By 2025 | CAGR: 7.5%

The global electric rice cooker market size is expected to reach USD 1.1 billion by 2025, expanding at a CAGR of 7.5%, according to a new report by Grand View Research, Inc. Introduction of smart cooker with Wi-Fi connectivity and easy to read touch panel is expected to be a key factor for promoting the market for electric rice cooker over the forecast period. Additionally, increasing number of nuclear families on a global level is expected to play crucial role in product promotion. Moreover, increasing product visibility through the establishment of new electronic...Read More »

January 2020

Trail Running Shoes Market Worth $8.9 Billion By 2025 | CAGR: 5.9%

The global trail running shoes market size is expected to reach USD 8.9 billion by 2025, registering a 5.9% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. Increasing participation in trail running events is anticipated to drive the product demand. Rising popularity of outdoor activities is supporting the product demand. As per the Physical Activity Council, the participation rate in outdoor activity increased from 53.9% in 2013 to 59.2% in 2018. The boom in marathon running is also projected to drive the market growth. The demand...Read More »

January 2020

Anti-Fatigue Cosmetics Market Size Worth $18.9 Million By 2025

The global anti-fatigue cosmetics market size is expected to reach USD 18.9 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 4.5% over the forecast period. Growing stress, hectic lifestyle, and unhealthy diet of people around the world have been having a negative impact on their skin, thereby driving the demand for anti-fatigue cosmetics. Increasing number of skincare awareness campaigns by leading cosmetics brands is also likely to expand the scope of various anti-fatigue cosmetics. Creams held the largest revenue share of over...Read More »

January 2020

Kids Furniture Market Size Worth $39.96 Billion By 2025 | CAGR: 4.48%

The global kids furniture market size is expected to reach USD 39.96 billion by 2025, exhibiting a 4.48% CAGR during the forecast period, according to a new report published by Grand View Research, Inc. The growth can be attributed to the popular trend of setting up houses with separate kids rooms. Rising demand for bright colored furniture to for the kids sharing the room is expected to bode well for the demand. Additionally, separate playrooms and study rooms is anticipated to further fuel the demand. Rising popularity of online distribution channels has forced furniture...Read More »

January 2020

CBD Gummies Market Size Worth $6.94 Billion By 2025 | CAGR: 31.9%

The global CBD gummies market size is expected to reach USD 6.94 billion by 2025, exhibiting a 31.9% CAGR over the forecast period, according to a new report by Grand View Research, Inc. The market is highly fragmented in nature owing to the presence of small and medium scale companies. Majority of the companies are based out of Canada owing to the legalization of cannabis in the country for medical and recreational purpose. The growth is driven by the growing trend of cannabis legalization across the globe. Different governments are legalizing marijuana to eradicate the black...Read More »

January 2020

Japanese Whisky Market Worth $1.1 Billion By 2025 | CAGR 9.4%

The global Japanese whisky market size is expected to reach USD 1.1 billion by 2025, according to a new report by Grand View Research, Inc., registering a 9.4% CAGR over the forecast period. Factors such as increasing awareness regarding aged whisky and growing taste for unique and imported spirits are driving the demand for Japanese whisky in the global alcohol market. Using Japanese whiskey as a component in numerous cocktails is a popular trend among consumers, driven by growing interest in cocktail concoctions and experimental mixology....Read More »

January 2020

Riding Boots Market Size Worth $2.18 Billion By 2025 | CAGR: 6.1%

The global riding boots market size is expected to reach USD 2.18 billion by 2025, exhibiting a CAGR of 6.1% during the forecast period, according to a new report published by Grand View Research, Inc. Increasing enthusiasm for cruiser, sport, and dirt bikes for long road trips and adventurous off-roading is expected to be a key growth driver. Rising road safety awareness in order to prevent the road traffic crashes is anticipated to drive the market demand for various safety gear including riding boots. Stringent government policies to encourage motorcycle safety and adoption of...Read More »

January 2020

School Furniture Market Size Worth $6.2 Billion By 2025 | CAGR: 6.0%

The global school furniture market size is anticipated to reach USD 6.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Increasing focus on the educational sector across rural and urban areas and compulsory basic education schemes provided by governments around the world are affecting the growth of the market. Furthermore, increasing construction of schools in developing regions has contributed to market growth. According to ISC Research, a prominent supplier of international school data, there were just under 10,300 English-medium...Read More »

January 2020

Tabletop Kitchen Products Market Size Worth $61.3 Billion By 2025

The global tabletop kitchen products market size is anticipated to reach USD 61.3 billion by 2025, expanding at a CAGR of 3.7%, according to a new report by Grand View Research, Inc. Growing economic development coupled with luxury lifestyle is driving demand for tabletop kitchen products on account of increasing prominence towards buffet and self-service concept in the culinary world. It becomes an essential part of the table décor and widely used in various applications such as weddings, family reunions, house parties, and home dinners. Increasing demand for...Read More »

January 2020

Cannabis Beverages Market Worth $2.8 Billion By 2025 | CAGR: 17.8%

The global cannabis beverages market size is expected to reach USD 2.8 billion by 2025, expanding at a CAGR of 17.8% during the forecast period, according to a new report by Grand View Research, Inc. The market is highly fragmented in nature, owing to the presence of the small and medium scale companies. Majority of the companies are based in Canada owing to the legalization of marijuana for medical and recreational purpose in the country. Rise in legalization of marijuana in order to eradicate the black market and to boost the tax revenue from legal sales of marijuana...Read More »

January 2020

Curling Irons Market Size Worth $4.77 Billion By 2025 | CAGR: 5.8%

The global curling irons market size is anticipated to reach USD 4.77 billion by 2025, exhibiting a 5.8% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. Availability of hair styling tools offering digitally precise heat and speed adjustments along with vitamin coatings for better protection from heat is contributing to the growth. In addition, rising preference for affordable grooming products and hair appliances is projected to witness growth of the product over forecast period. Rapid...Read More »

January 2020

Sleep Mask Market Size Worth $18.6 Million By 2025 | CAGR: 4.2%

The global sleep mask market size is expected to reach USD 18.6 million by 2025, expanding at a CAGR of 4.2%, according to a new report by Grand View Research, Inc. The rising prevalence of sleeping disorders on account of fluctuating climate patterns and hectic lifestyle is expected to expand market scope. For instance, the people in U.S., Canada, U.K., Ireland, France, Italy, Turkey, Singapore, China, Indonesia, and India often suffer from this disorder. Furthermore, the progress of the travel and tourism industry on a global level has been contributing to the growth of the...Read More »

January 2020