Month: February 2024

Cell Therapy Market Latest Report By Therapy Type, Therapeutic Area, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 27 Feb 2024: The Report Cell Therapy Market Size, Share & Trends Analysis Report By Therapy Type (Autologous (Stem Cell Therapies, Non-stem Cell Therapies), Allogeneic), By Therapeutic Area, By Region, And Segment Forecasts, 2024 – 2030

The global cell therapy market size is expected to reach USD 20.07 billion by 2030, expanding at a CAGR of 22.66% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market players are witnessing an increasing interest in the development of advanced therapies that are based on tissue, genes, or cells. Research communities and companies continue to make large investments in the culturing and isolation of a broad range of cell types, such as keratinocytes, chondrocytes, cartilage, stem, dermal papilla, & epithelial cells for the development of novel therapies.

Regulatory authorities such as FDA play a crucial role in the growth of the market by undertaking initiatives related to the development and approval of advanced treatment development as well as restriction of unregulated treatments. In addition, direct cellular reprogramming is attracting interest as a cutting-edge treatment approach because of its advantages such as efficacy and security.

On the other hand, an increase in the number of clinical trials related to advanced therapies is expected to boost the market growth in the coming years. According to data obtained from the American Society of Gene & Cell Therapy, in Q1 2022, 32 non-genetically modified cellular therapeutics trials were initiated, and 69% of these were in the non-oncology arena. Moreover, according to ClinicalTrials.gov, more than 1800 active cellular therapies are under clinical trial.

Furthermore, key companies operating in the market are undertaking several strategic initiatives such as various agreements, new launches, and expansion to strengthen their market presence. For instance, in May 2022, the University of Pennsylvania’s personalized cellular therapy was approved for the treatment of individuals with relapsed or resistant follicular lymphoma.

Moreover, in April 2021, Bristol Myers Squibb declared that U.S. FDA approved its Breyanzi (lisocabtagene maraleucel), a novel CAR T treatment for adults with R/R large B-cell lymphoma. In the pivotal trial for 3L+ LBCL, TRANSCEND NHL 001, Breyanzi showed a 73% overall response rate and a 54% complete response (CR) rate.

Access Research Report of Cell Therapy Market @ https://www.grandviewresearch.com/industry-analysis/cell-therapy-market

Cell Therapy Market Report Highlights

  • The autologous therapy segment dominated the market with the largest revenue share of 91.22% in 2023, owing to increasing adoption of this therapy type coupled with lower risk of life-threatening complications
  • The allogenic therapy segment is expected to grow significantly in the coming years owing to factors such as high pricing and growth in stem cell banking. Moreover, many companies are preparing to shift their business toward allogenic cell therapy product development
  • Oncology therapeutic area captured the largest market share in 2023, owing to the increasing adoption of advanced cell therapies in the treatment of various types of cancers
  • Cell therapy are also under the investigation for musculoskeletal disorders and has great potential for market growth
  • North America dominated the market owing to the strong regulatory framework, presence of bodies like the International Society for Cellular Therapy, and presence of key operating companies

Cell Therapy Market Report Scope

Report AttributeDetails
Market size value in 2024USD 5.89 billion
Revenue forecast in 2030USD 20.07 billion
Growth rateCAGR of 22.66% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2023
Forecast period2024 – 2030

List of Key Players in Cell Therapy Market

  • Novartis AG
  • Gilead Sciences, Inc.
  • Bristol-Myers Squibb Company
  • Johnson & Johnson Services, Inc
  • JCR Pharmaceuticals Co., Ltd.
  • JW Therapeutics
  • Atara Biotherapeutics
  • Anterogen Co., Ltd.
  • MEDIPOST
  • BIOMEDICS

Access Press Release of Cell Therapy Market @ https://www.grandviewresearch.com/press-release/global-cell-therapy-market

Graphene Market Latest Trends On The Basis of Product, Application, End-Use, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 26 Feb 2024: The Report Graphene Market Size, Share & Trends Analysis Report By Product (Graphene Nanoplatelets, Graphene Oxide), By Application (Paints & Coatings, Electronic Components), By End-Use, By Region, And Segment Forecasts, 2024 – 2030

The global graphene market is anticipated to reach USD 1.60 billion by 2030 and is anticipated to expand at a CAGR of 35.1% during the forecast period, according to a new report by Grand View Research, Inc. The increasing penetration of graphene in various end-use industries such as automotive, electronics, aerospace, construction, and medical is expected to boost the market’s demand. In addition, rising demand from various multi-national companies and research institutions for research and development purposes is further expected to escalate market growth.

The ongoing research and development in graphene production is also expected to boost product utilization in various applications. For instance, the flash joule heating technique identified in 2020 showed promising results. Studies have demonstrated that the carbon-carbon bonds are reorganized into a graphene structure when significant amounts of electricity is passed through any carbon source. By using this method, any carbon-containing material, such as coal or even trash, can be converted into numerous pounds of high-quality graphene at a comparatively low cost.

Current manufacturing methods are capital-intensive as well as require high energy and resource costs. While current amounts of graphene available in market can meet demands of researchers, full commercialization market is still in early phases. The process of developing a novel material, its manufacturing, and application for a company involves many pounds of graphene powder and hundreds of graphene sheets, as well as a significant amount of time and work. This could pose a challenge for the manufacturers of graphene.

The market is governed by a complex regulation that encompasses safety, health, and environmental concerns. The manufacturing, handling, and application of graphene materials are heavily regulated by national and international regulatory authorities. These strict guidelines include potential health risks and environmental impact while ensuring the proper production and usage. Market participants are anticipated to benefit from compliance with these regulations by gaining a competitive edge over their competitors.

The market is highly dynamic and exhibits intense competition, owing to the presence of various small and medium-scale manufacturers. Key industry participants emphasize investments in research & development and product innovations in order to gain a competitive edge.

Access Research Report of Graphene Market @ https://www.grandviewresearch.com/industry-analysis/graphene-industry

Graphene Market Report Highlights

  • Graphene oxide dominated the technology segment with more than 47.0% share in 2023 owing to its superior characteristics, including excellent thermal and electrical conductivity, transparency, permeability, and strength.
  • Reduced graphene oxide segment is expected to grow at the fastest CAGR over the forecast period.
  • Electronic component segment held the largest market share in 2023. Composite application is anticipated to witness fastest growth over the forecast period.
  • The automotive end-use segment dominated the market in 2023. The growth of this industry can be attributed to the rising disposable income and increasing purchasing power of the middle-income population in emerging economies.
  • Asia Pacific dominated the market owing to the presence of a large number of manufacturers and consumers. Increasing production volumes in various sectors including automobile, marine, defense, and aerospace are expected to drive the market in this region over the forecast period.
  • Market players operating in market include Nanoxplore Inc.; Telga Group, Directa Plus S.p.A, Graphene Laboratories, Inc., GRAPHENE SQUARE INC, and ACS Material, Applied Graphene Materials, 2D Carbon Graphene Material Co., Ltd., Thomas Swan & Co. Ltd.
  • In March 2023, Directa Plus S.p.A. announced the partnership with Colombo Industrie Tessili. Both companies produced a new innovative fabric, obtained using a graphene-based dyeing treatment. The key characteristic of this new fabric is its thermal capability, which allows for consistent temperatures and heat dispersion. The dyeing technique of Graphene Plus on the fabric imparts antistatic properties required by the military and workplace, as well as antimicrobial, antibacterial, and antiviral properties to the cloth.

Graphene Market Report Scope

Report AttributeDetails
Market size value in 2024USD 256.7 million
Revenue forecast in 2030USD 1,609.3 million
Growth RateCAGR of 35.1% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Graphene Market

  • Applied Graphene Materials
  • 2D Carbon Graphene Material Co., Ltd.
  • Thomas Swan & Co. Ltd.
  • Graphene Laboratories, Inc.
  • Graphensic AB
  • GRAPHENE SQUARE INC
  • AMO GmbH
  • Talga Group
  • ACS Material
  • BGT Materials Limited, Ltd.
  • CVD Equipment Corporation
  • Directa Plus S.p.A.
  • Grafoid Inc
  • Graphenea
  • NanoXplore Inc.
  • HAYDALE GRAPHENE INDUSTRIES PLC
  • Zentek Ltd.

Access Press Release of Graphene Market @ https://www.grandviewresearch.com/press-release/global-graphene-market

Asia Pacific Flooring Market Scope By Product, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 26 Feb 2024: The Report Asia Pacific Flooring Market Size, Share & Trends Analysis Report By Product (Ceramics, Vitrified, Carpet, Vinyl, LVT), By Application (Residential, Commercial, Industrial), By Region, And Segment Forecasts, 2024 – 2030

The Asia Pacific flooring market is anticipated to reach USD 190.64 billion by 2030 and is anticipated to expand at a CAGR of 6.0% during the forecast period, according to a new report by Grand View Research, Inc. The growing construction industry with the increasing population in Asian countries including China, India, Japan, Indonesia, and Vietnam is expected to contribute to the market growth. In addition, the rising demand for aesthetically pleasing, durable, and easy to maintain products such as vinyl flooring and ceramic tiles is expected to drive the growth over the forecast period.

Moreover, the ongoing development of new innovative floor coverings and the prevailing demand trends from consumers related to construction solutions and floor designs also fuel the growth of flooring market in Asia Pacific. Expanding offices and workspaces, improving consumer lifestyle, and ongoing urbanization also contribute to the growth of the market in the region.

The flooring industry is witnessing significant growth in terms of technological developments and styling trends. Innovations and new trends in floor designs and construction solutions have extensively driven demand for floorings. The market is highly competitive in nature with numerous players offering a variety of flooring solutions across the residential, commercial, and industrial segments. Furthermore, end users are changing preferences from traditional flooring solutions to eco-friendly and cost-effective materials, such as rubber, cork, bamboo, and linoleum, which is expected to drive demand for these floorings.

The market for ceramic tiles is unorganized to a significant extent in Asia Pacific as numerous domestic players are operating across the region. A large number of small-scale players manufacture and distribute a variety of flooring products. These players prefer the supply of products directly to end-users by avoiding distribution channels, thereby negatively affecting the value chain of flooring.

Prominent players in the value chain are engaged in providing flooring installation services to end users along with post-installation care. This increases the profit margins of the industry players. Logistics bridges manufacturing and retail. There is high traffic in trade of flooring solutions such as tiles, carpets, and laminates between countries and regions. Cost, design, and aesthetics also play an important role in terms of selecting flooring options. The availability of a wide choice to consumers, presence of sales offices of key manufacturers across region, and provision of services to consumers have resulted in high trade volume of flooring solutions.

Access Research Report of Asia Pacific Flooring Market @ https://www.grandviewresearch.com/industry-analysis/asia-pacific-flooring-market

Asia Pacific Flooring Market Report Highlights

  • Ceramic tiles dominated the technology segment with more than 23.0% share in 2023 owing to its characteristics including scratch and stain resistance, durability, and recyclability.
  • Natural Stone segment is expected to grow at the fastest CAGR over the forecast period.
  • The residential application segment held largest market share of 49.8% in 2023 owing to rising construction of single family and multi-family homes coupled with growing population in Asian countries.
  • China dominated the market owing to factors such as easy availability of skilled labor at a lower cost along with presence of favorable government regulations related to flooring, are prime factors attracting multinational companies to invest in the country for business expansions.
  • In January 2023, Ceramiche Atlas Concorde S.p.A announced completion of a new plant that has started the production of large-format porcelain slabs from May 2023. This initiative is expected to help Ceramiche Atlas Concorde S.p.A. consolidate leadership of Atlas Concorde as its international partner for all ceramic products.

Asia Pacific Flooring Market Report Scope

Report AttributeDetails
Market size value in 2024USD 165.50 billion
Revenue forecast in 2030USD 190.64 billion
Growth rateCAGR of 6.0% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Asia Pacific Flooring Market

  • TOLI Corporation
  • AHF, LLC.
  • Forbo Flooring Systems
  • Interface, Inc.
  • Gerflor Group
  • RAK CERAMICS
  • Tarkett
  • Shaw Industries Group, Inc.
  • Polyflor Ltd
  • Karndean
  • Carpet One Australasia Pty Ltd
  • Kajaria Ceramics Limited
  • Ceramiche Atlas Concorde S.p.A.
  • Milliken & Company
  • EGGER
  • MOHAWK INDUSTRIES, INC.

Access Press Release of Asia Pacific Flooring Market @ https://www.grandviewresearch.com/press-release/asia-pacific-flooring-market-analysis

Complementary And Alternative Medicine For Anti-aging & Longevity Market Overview By Intervention, Customer, Region And Forecast To 2030   : Grand View Research Inc.

San Francisco, 26 Feb 2024: The Report Complementary And Alternative Medicine For Anti-aging & Longevity Market Size, Share & Trends Analysis Report By Intervention (Botanicals, Mind Healing), By Customer, By Region, And Segment Forecasts, 2024 – 2030

The global complementary and alternative medicine for anti-aging and longevity market size is expected to reach USD 247.9 billion by 2030, as per a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 21.5% from 2024 to 2030. Growing household income in developed countries, acceptance of herbal and ayurvedic medicine, and increasing age-related diseases have majorly the market for complementary and alternative medicine (CAM) for anti-aging and longevity.

In the traditional alternative medicine/botanicals intervention segment, Ayurveda led the market in 2023 as cosmetic market players are involved in the R&D of Ayurveda-based anti-aging cosmeceuticals. The mind healing segment is expected to witness steady growth from 2024 to 2030 due to the rising acceptance of meditation and mindfulness in corporate offices. The sensory healing segment is expected to expand at a considerable CAGR over the forecast period due to the increasing popularity in hospitals and clinics. For instance, in October 2021, Spatial, an audio platform, partnered with HealthTune scientific and Catalyst by Wellstar to use sensory healing to reduce stress and anxiety of frontline healthcare workers.

Ayurveda is acknowledged as a medicine in 16 countries including Brazil, Switzerland, Hungary, Nepal, Bahrain, UAE, and Saudi Arabia. Whilst, some regions such as Romania, Hungary, Ontario, and Turkey regulate ayurvedic practices. In the U.K., it is a part of the National Health Policy. Thus, increasing acceptance of ayurvedic medicine is expected to drive the complementary and alternative medicine market to a major extent. In addition, insurance coverage by public and private players is anticipated to fuel market growth.

COVID-19 has become a catalyst for the implementation of CAM therapies in day-to-day life. Owing to the pandemic, online yoga classes witnessed a 25% increase in enrollment level. Similarly, in the COVID-19 pandemic, the demand for yoga equipment accelerated by 154%. Key players and governing regulatory bodies are undertaking various strategic initiatives such as regional expansion to develop their presence in the market.

Access Research Report of Complementary And Alternative Medicine For Anti-aging & Longevity Market @ https://www.grandviewresearch.com/industry-analysis/complementary-alternative-medicine-anti-aging-longevity-market-report

Complementary And Alternative Medicine For Anti-aging & Longevity Market Report Highlights

  • By intervention, the traditional alternative medicine/botanicals segment held the largest revenue share in 2023. It is expected to maintain the trend in the forecast period owing to the increasing use of spiritual techniques as well as herbal medicines in disease management across the globe
  • Based on the customer, high net worth (HNW) individuals held the second-largest revenue share in 2023 owing to high disposable income and better awareness regarding CAM therapies in the space of anti-aging and longevity
  • Europe emerged as the highest revenue-generating region in 2023 owing to high disposable income countries, increasing popularity of CAM modalities, and aging population
  • MEA is anticipated to expand at the highest CAGR throughout the forecast period. It is anticipated that Kuwait and Qatar are majorly contributing to the regional market growth
  • In June 2021, the government of India launched the “mYoga” application, developed by Morarji Desai National Institute of Yoga, Ministry of Ayush in partnership with the WHO. The app contains the practice and training audios and videos based on Common Yoga Protocol. The objective is to promote one world, one health

Complementary And Alternative Medicine For Anti-aging & Longevity Market Report Scope

Report AttributeDetails
Market size value in 2024USD 77.11 billion
Revenue forecast in 2030USD 247.9 billion
Growth rateCAGR of 21.5% from2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players of Complementary And Alternative Medicine (CAM) For Anti-aging & Longevity Market

  • Centre Chiropractic De La ColonneVertébrale
  • Anadolu Medical Center
  • Sinomedica
  • Acupuncture Enfants
  • Ayurveda Kuwait
  • Maya Reiki School
  • Maylilacs
  • Al Zuhair Holistic Medicine Center
  • Ayurmana By Dharma Ayurveda
  • Trinicum
  • Miskawaan Health Group
  • Therme Wien
  • Healthpi
  • Vivamayr
  • Optimal Spine And Joint Center
  • First Chiropractic Centre
  • Lama Polyclinic LLC
  • Al ManarAyurvedic Center
  • American Chiropractic Center
  • Qatar Chiropractic & Physiotherapy Clinic
  • Satyamani
  • Elixir Health Center
  • Paris (AnabelChantellier)
  • Transforma Health
  • Swiss Ayurvedic Medical Academy
  • Clinic Les Alpes
  • Paracelsus KlinikLustmühle Ag
  • Swiss Alternative Medicine
  • Turnpaugh Health & Wellness
  • The Center For Natural And Integrative Medicine
  • Angel Longevity Medical Center
  • Peaks Of Health Metabolic Medical Center
  • JscmTcm Clinic
  • London Hydrotherapy
  • Ming Chen Clinic
  • Ukacupuncture Clinic
  • Bionorica Se
  • Weg Der Mitte
  • Pascoe Natural Medicine
  • Brixsana Private Clinic
  • Homeopathy Vescovio Center
  • Sha Wellness Clinic
  • Sukha Ayurveda
  • SarriaQuiropractica
  • Natural Healing Acupuncture Medical Center
  • Kindcare Medical Center
  • Cure
  • Aviv Clinics
  • Seva Experience
  • Bahrain Hospital & Health Resort
  • Intouch Clinic
  • International Chinese Body Care Houses
  • Doha Chiropractic Center
  • Specialized Medical Center Hospital
  • Care
  • Almoyassar Physical Therapy Center
  • Muroona Clinic & Fitness
  • Terme Di RioloSrl
  • Mei Spa

Access Press Release of Complementary And Alternative Medicine For Anti-aging & Longevity Market @ https://www.grandviewresearch.com/press-release/global-complementary-alternative-medicine-anti-aging-longevity-market

Beauty Pillowcases Market Outlook On The Basis Of Product, Type, Distribution Channel, Application, Region And Forecast From 2024 To 2030: Grand View Research Inc.

San Francisco, 26 Feb 2024: The Report Beauty Pillowcases Market Size, Share & Trends Analysis Report By Product (Silk, Satin, Bamboo), By Type (Zippered, Envelope), By Distribution Channel (Supermarkets & Hypermarkets, Online), By Application, By Region, And Segment Forecasts, 2024 – 2030

The global beauty pillowcases market size is expected to reach USD 1.49 billion by 2030 and is expected to grow at a CAGR of around 6.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Consumers are becoming increasingly aware of the potential health and ecological benefits associated with natural and organic fibers such as silk, bamboo, linen, etc. Sustainability certifications and ethical sourcing practices are important for beauty pillowcase products due to increased demand from the growing middle class and the influence of online shopping.

Increasing consumer spending on self-care and luxury home décor products has led to a high preference for luxury silk and satin products owing to potential benefits in skincare and anti-aging applications. According to the results of a study by the National Sleep Foundation based in Virginia, the key to a good night’s sleep is a comfortable bedroom. A clinical trial on 40 participants found that sleeping on a silk pillowcase significantly reduced the appearance of acne compared to those sleeping on cotton.

The e-commerce boom is driving the increased demand for beauty pillowcases by providing consumers with convenient access to a wide array of options and the ability to make informed purchase decisions online. The growing popularity of e-commerce has prompted manufacturers to introduce their products on popular websites like Amazon.com, Alibaba.com and Walmart to reach a wider customer base. As per 2023 a Cotton Incorporated survey around 52% of consumers in the U.S. still prefer buying their sheets and bedding from physical stores, although online shopping is also quite popular at 42 percent is growing at a faster pace.

Social media, beauty bloggers, and dermatologists are spreading the word about the potential benefits of beauty pillowcases. These pillowcases are designed to reduce wrinkles, prevent acne, and improve hair health. Brands are constantly innovating and expanding their offerings in emerging countries, with blends of silk, satin, and bamboo for enhanced performance and affordability. For instance, in 2020, the British brand Mayfairsilk launched its silk pillowcases and silk bedding collection across its five stores in Dubai in the winter of 2022. Mayfairsilk is known for its high momme silk and unique matte finish, with OEKO-Tex Standard 100 certification. The company has been focusing on expanding its brand beyond the UK into the US and the Middle East countries.

The market is currently under significant pressure due to the increasing demand for sustainable fabrics in bedding products. Europeans place a high value on taking care of their skin and preventing signs of aging. Beauty pillowcases, particularly those made of silk or satin and infused with hyaluronic acid or collagen, are popular for their claims of reducing wrinkles and improving skin tone. Eco-conscious consumers prefer natural fibers such as bamboo and biodegradable silk, which are often considered more luxurious and gentle on the skin than synthetic alternatives.

Access Research Report of Beauty Pillowcases Market @ https://www.grandviewresearch.com/industry-analysis/beauty-pillowcases-market-report

Beauty Pillowcases Market Report Highlights

  • Silk pillowcases dominated the market in 2023. Silk pillowcases are known to improve skin and hair hydration, prevent fine lines and wrinkles, and result in smoother and less frizzy hair. Due to the availability of several brands of silk pillowcases through both online and offline distribution channels, the demand for these products has increased significantly
  • Demand from zippered pillowcases products is expected to surge in the forecast period. Zippered pillowcases are a great solution for frequent travelers who frequently change pillowcases. They offer added benefits, such as convenience, hygiene, and beauty. Zipper beauty pillowcases are suitable for several types of fabrics including luxurious silk and satin, breathable linen and cooling Tencel
  • Supermarkets & hypermarkets held the majority share in the overall sales channel in 2023 due to their promotional strategies, such as discounts and bundled offers, to attract budget conscious customers and drive sales. Moreover, they offer wide reach, convenience and have a diverse range of pillowcase from various brands, catering to a wide variety of consumer needs and preferences
  • Demand from haircare applications is expected to surge in the forecast period. Haircare influencers and bloggers are increasingly emphasizing the benefits of using beauty pillowcases. This increased exposure is driving awareness and demand, especially among young and trend-conscious consumer
  • Asia Pacific market is anticipated to grow with the highest CAGR over the forecast period. This is due to factors like increasing urbanization, rising disposable incomes and spending on home décor products are attracting consumers towards high-quality silk, satin, bamboo and other natural fiber materials

Beauty Pillowcases Market Report Scope

Report AttributeDetails
Market size value in 2024USD 998.26 million
Revenue forecast in 2030USD 1.49 billion
Growth rateCAGR of 6.0% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players of the Beauty Pillowcases Market

  • Suzhou Stitch Textile Technology Co., Ltd.
  • Blissy
  • Mayfairsilk
  • Slip Silk Pillowcase LLC
  • John Lewis plc
  • Zhejiang Jiaxin Silk Corp., Ltd.
  • Poshey LLC
  • BEAUSILK
  • Anhui Comfytouch Ltd
  • Benu Blanc

Access Press Release of Beauty Pillowcases Market @ https://www.grandviewresearch.com/press-release/global-beauty-pillowcases-market

U.S. Garden Planter Market Trends Analysis Report By Material, End-Use, Distribution Channel And Forecast To 2028: Grand View Research Inc.

San Francisco, 9 Feb 2024: The Report U.S. Garden Planter Market Size, Share & Trends Analysis Report By Material (Terracotta, Plastic), By End-use (Residential, Commercial), By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030

The U.S. garden planter market size is expected to reach USD 6.88 billion by 2030, registering a 6.7% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing consumer interest in gardening plays a crucial role in driving the garden planter market in the U.S. Consumers are recognizing gardening as a recreational and therapeutic benefit, resulting in a surge in demand for gardening tools and accessories including garden planters, that facilitate health, favoring the growth of the market.

Government initiatives toward green building practices are influencing the garden planter market in the U.S. As there is an increased focus on sustainable and eco-friendly construction, incorporating green elements into building designs has become essential. Garden planters play a crucial role by offering a means to integrate greenery and contribute to the overall environmental performance of buildings. Many green building certifications and standards prioritize features such as green roofs, vertical gardens, and landscaping, driving the demand for planters as essential components of these eco-conscious designs.

The growing awareness about the benefits of incorporating planters in office spaces is likely driving the growth of the market. Plants enhance indoor air quality by filtering pollutants and releasing oxygen, creating a fresher and more oxygen-rich atmosphere. This can lead to improved employee well-being and cognitive performance. In addition, planters also serve as natural dividers in open office layouts, providing a sense of privacy and delineating workspaces.

There is a rise in focus on sustainability, durability, and aesthetic flexibility, leading to a rise in the utilization of recycled and upcycled materials in the construction of planters. Planters crafted from recycled plastics, reclaimed wood, or composite materials aligns with the eco-friendly inclinations resulting in growing preference among consumers. In addition, there is an increasing demand for materials that are durable and lightweight, such as resin and fiberglass, providing portability and resilience against varying weather conditions. These trends in the market drive the growth of the market.

The online retail platforms have become increasingly favored by consumers seeking the convenience of browsing and purchasing from the comfort of their homes. E-commerce platforms like Walmart and Amazon offer an extensive selection of garden planters, providing customers with the convenience of user reviews, wide range of options and doorstep delivery, unlike traditional brick-and-mortar stores. However, garden centers and nurseries are still preferred by consumers who value expert advice and a curated selection of planters. These specialized stores guide customers in selecting planters that suit their gardening needs, considering factors such as growth requirements, plant type, and design aesthetics.

Access Research Report of U.S. Garden Planter Market @ https://www.grandviewresearch.com/industry-analysis/us-garden-planter-market-report

U.S. Garden Planter Market Report Highlights

  • Based on material, the fiberglass segment is expected to grow at the fastest CAGR in the forecast period. Fiberglass planters are lightweight, easy to handle, and resistant to various environmental conditions, resulting in growing preference among consumers
  • Based on end-use, the residential segment is expected to witness the highest growth rate over the forecast period. Increase in number of home & garden improvement projects across the U.S. is driving the demand for garden planters in residential application
  • Based on distribution channel, the online sales channel segment is expected to witness the fastest growth rate over the forecast period. The convenience and ease of online shopping have led to a significant increase in consumers buying garden planters through e-commerce platforms like Amazon, Walmart

U.S. Garden Planter Market Report Scope

Report AttributeDetails
Market size value in 2024USD 4.66 billion
Revenue forecast in 2030USD 6.88 billion
Growth rateCAGR of 6.7% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the U.S. Garden Planter Market

  • THE HC COMPANIES, INC.
  • Bloem
  • Crescent Garden Company
  • Mayne
  • Tusco Products
  • Planters Unlimited
  • Urban Pot
  • NewPro Corp
  • Novelty Manufacturing Co.
  • Palmer Planter Company

Access Press Release of U.S. Garden Planter Market @ https://www.grandviewresearch.com/press-release/us-garden-planter-market

Biodegradable Tableware Market Demand By Type, Raw Material, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 9 Feb 2024: The Report Biodegradable Tableware Market Size, Share & Trends Analysis Report By Product (Plates/Trays, Bowls), By Raw Material (Wood, Bamboo), By Application (Household, Commercial), By Region, And Segment Forecasts, 2024 – 2030

The global biodegradable tableware market size is expected to reach USD 24.69 billion by 2030, registering a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Consumers are becoming increasingly aware of plastic pollution and its impact on the environment. Businesses are increasingly adopting sustainable practices to reduce their environmental footprint and appeal to eco-conscious consumers. Biodegradable tableware offers a solution for businesses to reduce waste and demonstrate their commitment to sustainability.

Research indicates that more than 80% of debris found in oceans is made up of plastic. This plastic affects marine animals like whales, turtles, and birds, and also enters the human food chain through fish and shellfish. Therefore, it is essential to find sustainable solutions in the food service industry worldwide. According to a 2021 study published in Science Advances, almost 80 percent of all plastics found in the ocean come from Asia. 

Companies are opting for biodegradable tableware for their corporate events to demonstrate their commitment to sustainability. Moreover, the demand for environmentally-friendly tableware is increasing, as local government bodies are introducing regulations to restrict the use of single-use plastics, which creates a favorable environment for biodegradable alternatives. The EU is also taking action against plastic pollution by banning certain single-use plastics. As of July 3, 2021, single-use plastic plates, cutlery, straws, balloon sticks, cotton buds, cups, food, and beverage containers made of expanded polystyrene, and all products made of oxo-degradable plastic cannot be placed on the markets of EU Member States.

Businesses are increasingly adopting sustainable practices to reduce their environmental impact and appeal to eco-conscious consumers. Moreover, wide-scale availability of biodegradable tableware through online retailers, supermarkets, and specialty stores, is supplementing the demand for such products. Hotels, restaurants, and cafes have been at the forefront of the adoption of eco-friendly tableware. Steady growth in the global travel and tourism industry is further boosting industry size. According to the World Travel & Tourism Council, the travel and tourism sector contributed 7.6% to global GDP in 2022.

Manufacturers are continuously investing in research and development to create new and improved biodegradable materials that are eco-friendly, affordable, and visually attractive. For instance, in March 2021, Marine Innovation, a social venture supported by SK Innovation, launched new eco-friendly plates made of seaweed by-products under the brand name Janoodam. These plates are intended for use in hotels, resorts, and restaurants and have been recognized by DIN CERTCO, the certification body of TÜV Rheinland Group. The company had also announced plans to introduce eco-friendly seaweed paper cups in July 2021.

Access Research Report of Biodegradable Tableware Market @ https://www.grandviewresearch.com/industry-analysis/biodegradable-tableware-market-report

Biodegradable Tableware Market Report Highlights

  • Based on product, the plates/trays segment dominated the market in 2023. Plates offer a convenient and disposable solution for various dining occasions, from picnics and outdoor events to parties and everyday meals. Biodegradable materials like sugarcane bagasse, bamboo, palm leaves, and wood are commonly used to create plates that are sturdy enough to hold even greasy or liquid food items without leaking
  • Based on raw material, the paper segment is expected to surge in the forecast period. Paper-based tableware is generally the most affordable biodegradable option, making it accessible to a wider range of consumers and businesses. Governments in several countries are implementing bans and restrictions on single-use plastics, indirectly promoting the use of paper-based alternatives
  • Based on application, the commercial segment held the majority revenue share in 2023 owing to stringent government regulations and bans on single-use plastics, growing demand for sustainable solutions in food service industry, increasing popularity of takeaway and delivery food services, and focus on sustainable packaging solutions in cafes, hotels and restaurants
  • Asia Pacific is anticipated to grow with the highest CAGR over the forecast period. This is due to factors like increasing industrialization, rising disposable incomes, growing environmental awareness, and increasing government regulations

Biodegradable Tableware Market Report Scope

Report AttributeDetails
Market size value in 2024USD 16.23 billion
Revenue forecast in 2030USD 24.69 billion
Growth rateCAGR of 6.2% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Biodegradable Tableware Market

  • Pactiv LLC
  • Reynolds Consumer Products LLC
  • Huhtamäki Oyj
  • Genpak
  • Bionatic GmbH & Co. KG
  • Biotrem
  • BioPak
  • Novolex
  • Dart Container Corporation
  • PAPSTAR GmbH

Access Press Release of Biodegradable Tableware Market @ https://www.grandviewresearch.com/press-release/global-biodegradable-tableware-market

Advanced Therapy Medicinal Products CDMO Market Outlook On The Basis Of Product, Phase, Indication, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 9 Feb 2024: The Report Advanced Therapy Medicinal Products CDMO Market Size, Share & Trends Analysis Report By Product (Gene Therapy, Cell Therapy), By Phase, By Indication, By Region, And Segment Forecasts, 2024 – 2030

The global advanced therapy medicinal products CDMO market size is expected to reach USD 18.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 18.92% from 2024 to 2030, owing to rising clinical trials for advanced therapy medicinal products and the increasing awareness among researchers about the benefits of advanced therapies, driving the advanced therapy medicinal products (ATMP) CDMO market growth. Tissue engineering has greatly benefited in recent years from technological development. The damaged tissues and organ function are replaced or restored using this technique. Similarly, gene and cell therapy are attracting a lot of patients for the treatment of rare diseases, whose incidence is rising globally.

With rising demand for robust disease treatment therapies, key players have focused their efforts to ramp up research and development for effective gene therapies that target the cause of disorder at a genomic level. According to ASGCT, the number of cell and gene therapies in the U.S. pipeline programs (phase I-III trials) increased from 483 in 2021 to 529 in 2022. Furthermore, the FDA delivers constant support for innovations in the gene therapy field via a number of policies with regard to product manufacturing. In January 2020, the agency released six final guidelines on the manufacturing and clinical development of safe & efficient gene therapy products.

Moreover, awareness about ATMP treatment options is being driven by initiatives aimed at informing the public about the benefits of these products, which, in turn, is leading to increased adoption of advanced therapies and fueling market growth for CDMOs. For instance, Alliance for Regenerative Medicine Foundation for Cell and Gene Medicine prioritizes activities for increasing public awareness through educational programs, underlining the clinical & societal benefits of regenerative medicine.

Increasing clinical trial activity along with new product launches generates growth opportunities for the market. As of 2022, there are 1451 ATMPs in preclinical stages and 535 are being studied in Phase 1 to 3 studies. Since August 2020, EMA has approved six of these additional ATMPs, and five more will be approved by 2023. In the UK, there were approximately 168 advanced therapy medicinal product trials underway in 2021, up from the 154 studies reported the year before, which is a 9% increase. 2021 saw a 32% increase in phase 1 trials, indicating a significant shift from experimental medicines to first-in-human studies.

On the other hand, key players are undertaking various strategic initiatives to introduce novel products, which is expected to propel market growth. For instance, in March 2021, CureVac N.V. signed a partnership agreement with Celonic Group, engaged in the manufacture of CVnCoV, CureVac’s mRNA-based COVID-19 vaccine candidate. CureVac’s COVID-19 vaccine candidate is manufactured at Celonic’s commercial manufacturing unit for ATMPs and biologics in Heidelberg, Germany. Under the terms of the commercial supply agreement, the Celonic facility could produce over 100 million doses of CVnCoV.

Access Research Report of Advanced Therapy Medicinal Products CDMO Market @ https://www.grandviewresearch.com/industry-analysis/advanced-therapy-medicinal-products-cdmo-market-report

Advanced Therapy Medicinal Products CDMO Market Report Highlights

  • The gene therapy segment held the largest share of over 49.2% in 2023. Increase in financial support and rise in number of clinical trials for gene therapies are driving demand for the gene therapy segment.
  • The cell therapy segment is expected to show lucrative growth over the forecast period. The field of cellular therapeutics is constantly advancing with inclusion of new cell types, which, in turn, provides ample opportunities for companies to enhance their market positions.
  • The oncology segment accounted for the largest revenue share in 2023. The segment’s dominance is attributed to disease burden, strategic initiatives undertaken by key players, and availability of advanced therapies used for treating various cancer indications.
  • The phase I segment dominated the market in 2023 due to growing R&D activities and increasing number of human trials for advanced therapies.
  • North America dominated the overall market share of 49.0% in 2023. This can be attributed to increasing outsourcing activities and rising awareness about advanced therapy.
  • The Asia Pacific region is expected to grow at the fastest CAGR over the forecast period due to the increasing demand for novel ATMPs and rising R&D activities to develop novel therapies.
  • Advanced Therapy Medicinal Products CDMO Market Report Scope
Report AttributeDetails
Market size value in 2024USD 6.6 billion
Revenue forecast in 2030USD 18.8 billion
Growth rateCAGR of 18.92% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players of Advanced Therapy Medicinal Products CDMO Market

  • Celonic
  • Bio Elpida
  • CGT Catapult
  • Rentschler Biopharma SE
  • AGC Biologics
  • Catalent
  • Lonza
  • WuXi Advanced Therapies
  • BlueReg
  • Minaris Regenerative Medicine
  • Patheon

Access Press Release of Advanced Therapy Medicinal Products CDMO Market @ https://www.grandviewresearch.com/press-release/global-advanced-therapy-medicinal-product-cdmo-market

Plastics In Electrical And Electronics Market Outlook By Polymer, Application, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 9 Feb 2024: The Report Plastics In Electrical And Electronics Market Size, Share & Trends Analysis Report By Polymer (ABS, PP), By Application (Wires & Cables, Electrical Insulation), By Region, And Segment Forecasts, 2024 – 2030

The global plastics in electrical and electronics market size is anticipated to reach USD 53.27 billion by 2030 and it is projected to grow at a CAGR of 5.2% from 2024 to 2030, according to a new report by Grand View Research, Inc.

The global electrical & electronics market is vast and dynamic. It encompasses a wide range of products and services. The growth of this market across the world is driven by multiple factors, including ongoing technological advancements, rising consumer demand for electrical components and electronic devices, and increasing urbanization. Surging disposable income and increasing demand for energy efficiency are factors contributing to the growth of electrical & electronics market worldwide.

An expansion of electronics industry, driven by the emergence of 5G, IoT, and AI technologies, has driven the demand for plastics in electrical & electronics market. Moreover, increasing demand from building & construction industry globally is anticipated to boost demand for plastics across electrical & electronics industry.

Players across the market maintain a high market competition with the implementation of various strategic initiatives such as new Polymer launch, Polymerion expansion, merger & acquisitions, among others. For instance, in may 2023, SABIC announced its expansion of high-heat ULTEM resin portfolio by introducing new glass fibre-reinforced grades that would deliver high flow, custom colour ability, and high strength. This Polymer is well suited for electronic components such as fibre optics and electrical connectors.

The market is witnessing a transformation of the value chain from a linear economy into a circular one. Major players in the market are transitioning to a circular economy to obtain more sustainable solutions and minimize their dependency on crude oil in the future. This trend has led to a rise in the demand for renewable raw materials such as vegetable oil, and plastic waste to produce plastics in recent years.

The rising number of data centers across the world has increased the demand for electronic devices, electrical connectors, laptops, desktops, printing devices, server racks, and other such equipment that are developed from plastics. Polycarbonate is a prime plastic utilized across the IT server industry as it leads to the development of highly durable, flexible, and lightweight twin walls, wall-mounted enclosures, aisle containment panels, cooling system housings, etc.

Moreover, the surging demand for data servers owing to the prevailing trend of cloud computing has led companies such as Facebook, Inc., Amazon.com, Inc., Twitter, and Microsoft Corporation to install sever systems for data storage. This has contributed to the demand for polycarbonate (PC) and other plastics for use in the global IT server industry.

Access Research Report of Plastics In Electrical And Electronics Market @ https://www.grandviewresearch.com/industry-analysis/plastics-electrical-electronics-market-report

Plastics In Electrical And Electronics Market Report Highlights

  • The expansion of the electronics industry, driven by the emergence of 5G, IoT, and AI technologies, has driven the demand for plastics in electrical & electronics market. Moreover, increasing demand from building & construction industry across the globe is anticipated to boost the demand for plastics across electrical & electronics industry
  • Based on polymer, PVC is commonly used for insulation, cable sheathing, and wire coatings. Its fire resistance and good electrical properties make it an ideal material for ensuring safety and reliability in electrical systems
  • Smartphones, tablets, and computers are ubiquitous in consumer electronics, providing communication, entertainment, and productivity functions. Medical devices such as diagnostic, monitoring, and treatment systems rely on electronic components for accurate and reliable performance
  • The demand for high-quality medical devices across countries such as China, India, and Singapore, is increasing on account of the rising healthcare expenditure which again increases in demand for the market as majority of the medical devices requires polymers, PCBs, electrical casings and others

Plastics In Electrical And Electronics Market Report Scope

Report AttributeDetails
Market size value in 2024USD 39.94 billion
Revenue forecast in 2030USD 53.27 billion
Growth rateCAGR of 5.2% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players In the Plastics In Electrical And Electronics Market

  • BASF SE
  • Ensinger, Inc.
  • Covestro AG
  • TORAY INDUSTRIES, INC.
  • Radici Partecipazioni SpA
  • RTP Company
  • LOTTE Chemical Corporation
  • Trinseo S.A.
  • SABIC
  • Evonik Industries AG
  • Mitsubishi Chemical Group Corporation
  • Arkema
  • LyondellBasell Industries Holdings B.V.
  • Celanese Corporation
  • Exxon Mobil Corporation
  • LG Chem
  • INEOS Group
  • CHIMEI

Access Press Release of Plastics In Electrical And Electronics Market @ https://www.grandviewresearch.com/press-release/global-plastics-electrical-electronics-market

Ammonium Sulfate Market Focusing On The Basis Of Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 8 Feb 2024: The Report Ammonium Sulfate Market Size, Share & Trends Analysis Report By Product (Solid, Liquid), By Application (Fertilizer, Pharmaceutical, Food & Feed Additive), By Region, And Segment Forecasts, 2024 – 2030

The global ammonium sulfate market size is expected to reach USD 5.04 billion by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2024 to 2030. The advancement in agriculture technology would drive the demand for fertilizers, which would indirectly result in the growing demand for ammonium sulfate.

Ammonium sulfate is an inorganic water salt comprising sulfur and nitrogen. The composition is used in the agricultural sector as fertilizer. It has the ability to provide stability and functionality to the fertilizer. Benefits associated with these fertilizers include water-solubility, easy blending abilities with nitrogenous fertilizers, and elevation of soil. These benefits ensure high plant growth, thereby leading to the high demand from farming communities.

Rice is a staple food crop in most Asian countries and is grown by almost two billion people according to the Food and Agriculture Organization (FAO). North America accounted for the third-largest market share after Asia Pacific and Europe in 2021. The Ministry of Health, Labor, and Welfare declared the product as safe for health with no health problems associated, therefore it is accepted and utilized across the globe.

The global market is very competitive; thus several manufacturers are investing in the development of technologies for the production method of the product. Manufacturers are focusing on mergers and acquisitions to increase their global presence and broaden their product portfolio. For instance, in 2019, Sumitomo Chemical announced the merger of Sumitomo Chemical India Limited and Excel Crop Care Limited to expand the business in India.

Access Research Report of Ammonium Sulfate Market @ https://www.grandviewresearch.com/industry-analysis/ammonium-sulfate-market

Ammonium Sulfate Market Report Highlights

  • By product, solid ammonium sulfate held the largest revenue share of over 90.0% in 2023 due to an increase in demand for agricultural fertilizers
  • The fertilizers application segment accounted for the largest revenue share of over 70.0% in 2023 as there is a boost in the demand for food products on account of the population explosion. This is anticipated to drive the demand for the product in fertilizer production globally
  • Asia Pacific held the largest volume share of over 45.0% in 2023. The fertilizers demand is high in the APAC economies as agriculture is the primary sector. This, in turn, will increase the demand for ammonium sulfate

Ammonium Sulfate Market Report Scope

Report AttributeDetails
Market size value in 2024USD 3.36 billion
Revenue forecast in 2030USD 5.04 billion
Growth rateCAGR of 7.0% from 2024 to 2030
Historical data2018 – 2023
Forecast period2024 – 2030

List of Key Players of Ammonium Sulfate Market

  • BASF SE
  • Evonik Industries
  • Lanxess Corporation
  • Novus International
  • Sumitomo Chemical
  • Honeywell International
  • Royal DSM

Access Press Release of Ammonium Sulfate Market @ https://www.grandviewresearch.com/press-release/global-ammonium-sulfate-market

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