Rising Construction Activities Worldwide to Shape Growth of the Global Mattress Market

Changing lifestyles have transformed various optional commodities into necessities. One such thing is a mattress. Mattress come in a wide range of product varieties based on styles, sizes, and a range of firmness. Post-recession economic stability across developed countries and rising disposable incomes in developing countries are positively influencing the market. An affluent consumer is willing to pay more for premium mattresses that assure greater comfort and excellent sound sleep. All these factors are likely to keep the global mattress market on the growth track.

Flourishing Hospitality Industry to Drive Demand for Mattresses: Rising consumer spending on leisure activities can be attributed to the increased average income. This trend has registered an augmented visits to hotels. In addition, a rise in the construction of new hotels is surging the demand for mattresses. These factors are contributing to the substantial growth of the global mattress market.

Research Report: http://www.transparencymarketresearch.com/mattress-market.html

Rising number of renovation activities and new homeowners to Propel Sales of Mattresses: The sales of new homes and renovation of old houses are notifying an upward trend across developed and developing countries. In developed countries of Europe and North America, this trend can be attributed to stabilizing economies post the economic depression of 2008. In developing regions such as Latin America, Asia Pacific, and regions of Africa, emerging economies play a central role in the rise of domestic construction activities. Home renovation activities have become more frequent owing to rising disposable incomes of the homeowners in the region. Another factor attributing to the rise in the domestic construction activities in the region is the large-scale migration from rural to urban areas. These factors are contributing to the global mattress market as a high impact driver.

Increasing Prevalence of Sleep Disorders to Boost Uptake of Mattresses: Mattresses are gaining a worldwide popularity due to cost effectively and large scope of innovation. The demand for mattresses is anticipated to propel owing to growing prevalence of a number of health concerns associated with uncomfortable sleeping surfaces and sleep disorders.

Specialty Household Cleaners that are Eco-friendly to be in Trend

Growing hygiene concerns among consumers coupled with hectic lifestyles is boosting the demand for specialty household cleaners in the U.S. Increasing incidences of infections and disease outbreak are also driving the consumption of specialty household cleaners. The growing number of working women in the U.S is further aiding the growth of the market. The higher disposable income of the people living in the U.S. is also boosting the sales of these products. According to a research report by Transparency Market Research (TMR), the U.S. specialty household cleaners market, which was valued at USS$5.1 bn in 2011, is expected to reach US$7.9 bn by 2018, expanding at 6.6% CAGR from 2012 to 2018.

Q. What challenges does the specialty household cleaners market face?

The rising prices of raw materials are one of the problems gripping the specialty household cleaners industry. The use of harmful chemicals is another concern among consumers, which can affect sales of specialty household cleaners. Poor packaging has also resulted in huge losses for companies. A case in point would be The Clorox Co. This company had to recently recall three of its Liquid Plumr products since the bottles were not child-resistant and tops could be easily removed by small children.

On the other hand companies such as S.C. Johnson & Son Inc. have signed agreements to buy the supplier of personal-care and household products aimed at families with small children. The company has collaborated with Babyganics, to develop products deemed safe for families with children.

Q. What are the strategies adopted by key players to profit and grow in the market?

Players are resorting to aggressive marketing to enhance their sales. Another strategy used by companies is investments in R&D activities for product innovation. Companies also aim at R&D activities to lower the cost of production, thus attracting more consumers and boosting their sales. A case in point would be Church & Dwight Co., Inc. The company’s efforts to lower the cost of products and achieve product innovation have helped improve their sales and profitability.

Q. What are the trends in the specialty household cleaners market?

The increased interest among the urban society regarding green products is expected to increase the demand for environmental friendly disinfectants and other such green products. Another emerging trend in the market is the demand for all-in-one products. Players are aligning their R&D strategies on the development of products that are used for all-purpose cleaning and attracting customers. Household cleaners with innovative fragrances is yet another trend that is expected to stay. Products with new formulations and enhanced convenience are also an emerging trend, which would help the U.S. specialty household cleaners market to grow.

Demand for Fencing Shifts into High Gear owing to Developments in Agricultural Sector

The rising cases of organized crimes, terrorist attacks, and trespassing have resulted in huge losses to the residential, commercial, agricultural, and utility sectors worldwide. High security perimeters are of utmost importance to military, defense, prisons, airports, and other such infrastructures. Fueled by this, the demand for fencing is expected to be high across the globe, suggests a research report by Transparency Market Research (TMR). According to the report, the global fencing market is expected to reach US$29.1 bn by 2018, expanding at a modest CAGR of 4.40% between 2012 and 2018.

TMR analysts answer some burning questions that companies operating in the fencing market might have:

Q. How is fencing useful in applications other than those in conventional sectors?

Besides conventional sectors such as residential, commercial, and agricultural, fencing is applied to various arenas such as zoos, parks, and pools. The U.S. Consumer Product Safety Commission (CPSC) has concluded that the best way to reduce drowning among kids is to have a fence or barrier constructed that prevents underage children from accessing residential pools.

Fences are important structures in wildlife sanctuaries and zoological parks to protect humans and other domestic animals from wildlife. Fences also prevent animals in the zoos and wildlife sanctuaries to be protected from nuisance caused by children and other visitors.

Q. What are the recent developments by key players in the fencing market?

CertainTeed, a company based in North America, has developed Bufftech, a vinyl fence that offers exceptional impact strength and will not rot, split, warp, and splinter. Most importantly, this fence offers UV resistance.

Gregory Industries Inc, a U.S.-based company, has developed a product known as C-Post. C-Posts have extremely high beam load strengths. Their benefits include faster installation, supreme durability, and their ability to repel moisture.

Betafence NV, has recently developed TerralBlock M50P1, which is a crash-rated fence, included in the U.S Department of Defense list, as the singular sand-filled barrier with fence. The fence is best suited for remote applications where resources are limited. TerralBlock offers high-security fence and surface-mounted crash barrier.

Q. Which regions hold lucrative opportunities in the global fencing market?

Currently, North America holds a dominant share in the global fencing market, followed by Europe and Asia Pacific. The fencing market in North America is driven by the rising demand from consumers for innovative and aesthetically-pleasing home improvement products. The expanding residential sector is another reason behind the growing demand for fencing in North America. However, due to various developments in agricultural sectors, Asia Pacific is expected to be the fastest growing region in the global fencing market. Moreover, various upcoming constructional projects in the region will heighten the demand for fencing.

Thus, the global fencing market is expected to grow owing to the pressing need for residential fences. The agricultural segment is another budding application of fences, which will boost demand.

Increasing Interest in Sports, Running, and Hiking Drives Demand for Athletic Footwear

Last month, a major landmark in the U.S. athletic footwear market saw the U.S. Senate pass a bill requiring the Pentagon to purchase domestically produced athletic footwear for defense personnel. The bill, passed on June 14, brings athletic footwear under the ambit of the 1941 Berry Amendment, which was passed to protect the American industrial sector during the Second World War and mandated a preference to domestically produced equipment for the armed forces. The 2016 bill was backed strongly by New Balance, a major player in the global athletic footwear market.

The bill also requires the manufacturers to use American materials to produce the shoes, which means multiple ancillary industries are also likely to get a boost. New Balance is likely to land the contract, which will result in significant addition of workers in factories of both New Balance and their suppliers.

The influential role played by Asia Pacific in the global athletic footwear market, illustrated by the dominant 41.6% share it is expected to hold in the global market by 2018, has also had an adverse impact on the North America athletic footwear market. According to Transparency Market Research, the Asia Pacific market for athletic footwear is expected to exhibit the fastest growth rate in the forecast period between 2012 and 2018. Taking this into consideration, this bill could be a timely boost for the stagnated North America athletic footwear market, which has borne the brunt of increasing raw material prices and the market’s maturation in the region’s developed and prosperous economies.

What are the major drivers for the athletic footwear market?

The global market for athletic footwear was valued at US$74 bn in 2011. Exhibiting a 1.80% CAGR from 2012 to 2018, the market is expected to rise to a valuation of US$84.4 bn.

One of the prime drivers for the global athletic footwear market is the increasing interest of the youth demographic in sports due to the increasing global coverage of major sporting events such as the FIFA World Cup, the recently concluded UEFA Euro Championship, the Olympics, and Tennis Grand Slam events. This has made many individuals take up sports as a hobby and fitness solution.

The increasing health-consciousness of the global population, aided by the increasing availability of health and nutrition information, has also helped the global athletic footwear market. Apart from sports, an increasing number of individuals are also becoming interested in running and/or hiking as healthy pastimes. This has also significantly driven the demand for athletic footwear.

Which is the major user demographic in the athletic footwear market?

By gender, males were the dominant consumers of athletic footwear in 2011. The 62% share of the males segment was followed by the distant second 29% share of the females segment, with the rest consisting of kids’ athletic footwear.

By product type, shoe inserts held a dominant 36% share in the global athletic footwear market in 2011. Other major product segments of the global athletic footwear market are sports shoes, hiking boots, and backpacking boots.

In addition to New Balance, major players in the global athletic footwear market include Adidas, Nike, Saucony, Converse, Reebok, K-Swiss, Puma, and Asics. Of these, Adidas, Nike, Puma, Reebok, and Asics collectively accounted for close to 80% of the global market in 2011 and are likely to retain their dominance in the coming years.

Glass Tableware Market Propelled by Increasing Travel and Tourism

The global glass tableware market is projected to exhibit a CAGR of 6% between 2011 and 2017, according to Transparency Market Research. The market was valued at US$6.2 bn in 2011 and is likely to rise to US$8.8 bn by 2017.

EMEA Leads Global Glass Tableware Market

By product, dinnerware, beverage ware, and flatware are the major segments of the global glass tableware market. Of these, beverage ware accounted for the largest part of the market in 2011 due to the steady demand for beverages such as tea, coffee, and wine, as well as the extensive use of glass bottles to distribute prepackaged drinks such as nonalcoholic drinks and beer.

Regionally, Europe, the Middle East, and Africa (EMEA) comprise the largest regional market for glass tableware. The increasing demand for high-end glass tableware from Europe, the high rate of urbanization in the Middle East and North Africa, and the high production of glass in Africa are the main factors responsible for the dominant share of the EMEA market.

Egypt is a key segment of the global glassware market due to the abundance of multiple compounds used in the manufacture of glass. The Egyptian government’s increased focus on boosting infrastructural initiatives and industrial construction is leading to high production of glass, which is also benefitting the market for glass tableware. Egypt has cemented its position as one of the key glass tableware markets in the last half decade and is expected remain crucial in the coming years.

Research Report: http://www.transparencymarketresearch.com/glass-tableware-market.html

Increasing Demand from Hotel and Catering Industry Drives Glass Tableware Market

The rapid growth of the global hotel and catering industry in the last few years has been crucial for the global glass tableware market. The rising disposable income of customers in developing regions has given impetus to service industries, which has driven the demand for premium glass tableware. The increasing demand from the global travel and tourism industry has also been hugely beneficial for the glass tableware market.

The steady increase in the demand for luxury products is likely to be a major driver for the global glass tableware market in the forecast period. With premium beverages such as wine becoming popular all over the world, the demand for the appropriate beverage ware is set to grow over the coming years. However, the rising demand for crystal tableware due to its attractive appearance is a key challenge for the global glass tableware market.

Surgical Alternatives to Threaten Incontinence Skin Care Market – New Product Inventions to Steady Demand

People who face problems controlling their bowels or urine (incontinence) are at risk of many skin issues around the hips, buttocks, and genitals. Excess moisture leads to many skin problems including yeast infection, redness, irritation, and peeling. 

Every year, millions of people suffer from incontinence and related problems, especially in the U.K. Overweight people, males with prostate disease, pregnant women, and athletes are at a higher risk of incontinence. Parkinson’s disease, stroke, multiple sclerosis, spina bifida, arthritis, and diabetes may also increase the possibility of incontinence. 

Rising occurrence of inflammatory bowel diseases, the increasing patient awareness, and the introduction of innovative skin care and body wash products are predicted to propel the U.K. incontinence skin care and body wash market. The rising government funding and enhanced R&D activities for new product development are expected to drive the global market in the near future.

Transparency Market Research (TMR), a leading business intelligence firm, in its recent research report, states that the U.K. incontinence skin care and body wash market stood at US$38.7 mn in 2014. The U.K. market is expected to reach US$50.1 mn by 2023, progressing at a 2.60% CAGR from 2015 to 2023. TMR experts answer a few questions related to the U.K. incontinence skin care and body wash market:

Q. How would the introduction of new products benefit the global market?

A. Over the past few years, the global medical devices market has been experiencing exceptional growth due to the introduction of new products. 

Kimberly-Clark Corporation, a leader in the U.K. incontinence skin care market, was in the news for its new set of products. Kimberly-Clark Corporation recently added new varieties to its adult care products range, namely, Depend, Poise, and Plenitud.

Male incontinence has become a common problem across the world, especially in the United Kingdom. To this end, B. Braun Melsungen AG, has introduced new urinary incontinence solutions for male patients. The company recently launched its new line of incontinence skin care product, Urimed Vision, to its existing products such as Urimed leg bags. The feature that differentiates Urimed Vision from other products is that it is made from 100% silicon.

Recently, Svenska Cellulosa Aktiebolaget SCA announced its support for the formation of an international incontinence research and care center in Gothenburg, Sweden. With this, SCA aims to offer state-of-the-art incontinence care and solutions. The Gothenburg Continence Research Center (GCRC) will be engaged in research and development activities to introduce new incontinence skin care solutions. This move is projected to have a positive impact on the overall incontinence skin care market in Europe.

Q. How will surgical alternatives threaten the global incontinence skin care and body wash market?

With advancements in the surgical equipment, people opt for surgical procedures to permanently treat any health issues. Companies operating in the healthcare industry offer many affordable surgical procedures to treat incontinence. Tape procedures, colposuspension, sling procedures, urethral bulking agents, and artificial urinary sphincter are some of the procedures to treat incontinence. The availability of many surgical alternatives is expected to threaten the growth of the global market.

Further, uncertain reimbursement policies may also hamper the growth of the global incontinence skin care and body wash market.

Q. How could the aging population create growth opportunities?

As per the World Health Organization, approximately 8-9% of the global population is currently suffering from incontinence of the bowel or bladder. People aged 60 years and above are the largest target patrons for the manufacturers of incontinence skin care and body wash products, accounting for 82.3% of the total customers. The rising aging population is one of the factors expected to drive the global incontinence skin care and body wash market.

Facial Care Market in Asia Pacific to Register 6.90% CAGR from 2013 to 2019 thanks to Expanding Distribution Channels

The facial care market has been gaining traction in the last few years owing to the rising concern among the population regarding their appearance. As a result, the facial care market is projected to grow substantially in the next few years worldwide, especially in developing markets. According to a study by Transparency Market Research, the Asia Pacific market for facial care is projected to reach a value of US$39.7 bn by the end of 2019, registering a progressive 6.90% CAGR between 2013 and 2019.

In this blog, Transparency Market Research answers key questions concerning the growth prospects and opportunities in the facial care market in Asia Pacific.

What are the key factors propelling the growth of facial care market in Asia Pacific?

The Asia Pacific market for facial care is projected to grow substantially in the coming years, owing to the expanding horizon of distribution channels and network. In addition, the emerging product portfolio for men as well as women is expected to fuel the growth of the facial care market in Asia Pacific. Moreover, the rapid growth of this market can be attributed to the rising number of men and women who have incorporated the habit of facial care in their routine to maintain their youthful appearance. Furthermore, the increasing disposable income among the population is expected to contribute toward the growth of the facial care market.

What are the major steps taken by leading players to gain a competitive advantage in the facial care market?

The growing demand for facial care products in Asia Pacific has encouraged several players to expand their product portfolio in the last few years. The leading players operating in the market are spending an enormous amount on research and development in order to introduce new products to expand their consumer base. In addition, these players are focusing on advertising campaigns and marketing strategies to augment their sales figures in the next few years.

What are the current trends and opportunities in the facial care market in Asia Pacific?

The expanding product portfolio for men’s grooming products is one of the major trends in the Asia Pacific market for facial care. Moreover, the increasing popularity of multi-functional products and the growing demand for fairness products are some of the other factors projected to propel the facial care market in Asia-Pacific. The growing online retailing is also expected to contribute substantially towards the growth of the facial care market.

The major players are carrying out several trials to introduce drugs for severe facial inflammation. Recently, Medimetriks made an announcement regarding the successful trial of MM36, which is a major drug trial to cure Atopic Dermatitis.

Who are the leading players operating in the facial care market in Asia Pacific?

The presence of several players operating in the facial care market has intensified the competitive scenario in Asia Pacific. Some of the leading players in this region are Kose Corporation, Johnson and Johnson Limited, Hindustan Unilever, L’Oreal, Procter and Gamble, and Estee Lauder Companies Inc. The introduction of natural ingredients in facial care products is one of the key strategies of these players to create a niche for themselves in the regional as well as global market.

Low-cost Production Techniques of Digital Printing Define Success of U.S. Specialty Printing Consumables Market

Much, or rather everything that is read and documented owes its existence to printing. The history of printing can be traced back to 220 AD when it was first seen on textiles and then on paper in China. Since then, the printing industry has undergone an unfathomable change, catering to various industrial and commercial needs. With the constantly changing demands of the commercial printing, the printing industry has developed various solutions with the emergence and growth of the specialty printing consumables. According to a research report published by Transparency Market Research, the specialty printing consumables market, in the U.S. alone, is expected to reach US$35.75 bn by 2024 from US$24.09 bn in 2015, expanding at a CAGR of 4.4% from 2016 and 2024.

Q. What will define the growth of this market in the U.S.?

A. The growth of the IT industry and various other industrial sectors are expected to be the primary growth driver for the U.S. specialty printing consumables market. But at the heart of this change and remarkable earnings of this industry lies the true success of the commercial printing industry. From media to e-commerce this industry has been an integral part of the growth of various industrial sectors. Despite the digital alternatives, commercial printers are finding ways to lure in more profits in the successive years.

Q. Why will the digital printing process drive the U.S. specialty printing consumables market?

A. The various types of printing processes in the U.S. specialty printing consumables market are digital printing, lithographic printing, rotogravure printing, and flexographic printing. As of 2015, the lithographic printing segment held a share of 51% in the overall market. According to research analysts, the digital printing segment is expected to surpass all types of processes between 2016 and 2024. The popular adoption of digital printing will be due to its cost effectiveness as this process completely eliminates printing plates. Furthermore, the fact that every digital print can be customized due its low-volume production technique is fueling its demand.

Q. What products will define market growth?

A. The products in the U.S. specialty printing consumables market are specialty substrates, inks, toners, and chemicals. The toner segment stood out in 2015, accounting for a share of 48% in the overall market. The growth of this segment was supported by the increasing installations of laser printers with high capacities. A subsequent result of this will be the rise of the toner segment as toners are an important part of laser printers.

Despite rampant digitalization, the print industry will survive by transforming itself with a variety of products, prices, and purposes. In the earlier times, printing changed the way we saw the world. Today, the world will change printing by making it adapt to the fast-changing ways. Players such as DIC Corporation, Xerox Corporation, Canon Inc., Hewlett-Packard Development Company, L.P., Eastman Kodak Co., Flint Ink Inc., Nazdar Ink Technologies, and Lexmark International Inc. are trying to offer new age printing solutions that, once again, the world won’t be able to do without.

Europe Raw Milk Vending Machines Market Strongly Governed by Regulatory Compliances

There are plenty of consumers in Europe demanding unpasteurized milk and the region’s acceptance toward raw milk vending machines is not new. Unlike the US, where the government continues to warn consumers about the harmful effects of raw dairy products, Europe has been quite open to the idea. At least most of Europe has.

Q. How big a role does the law play in the success or failure of the Europe raw milk vending machine market?

A. According to Regulation (EC) No 853/2004, which lays down specific hygiene-related rules for food of animal origin, milk that has been obtained from farmed animals and has not undergone any treatment or has not been heated at a temperature of over 40 degrees Celsius can be consumed by humans. This means that vendors can legally sell raw milk in most European nations. The final decision, however, is up to EU member states, who can decide whether to allow or prohibit the sale of raw milk in their own jurisdictions. In countries such as Slovakia, Czech Republic, the UK, Italy, Austria, Lithuania, and France, the sale of raw milk via vending machines is perfectly legal. However, countries such as Denmark, Greece, the Netherlands, Ireland, Norway, and Spain have restricted the sale and use of raw milk vending machines.

Be that as it may, the position of the raw milk vending machines market is likely to change in the years to come as vendors are anticipating certain regulations to be revised in the wake of the rising demand for unpasteurized milk.

Q. Where is the Europe raw milk vending machine market headed in terms of value and volume?

A. The Europe raw milk vending machine market has been carefully studied by researchers at Transparency Market Research, who indicate that this market is anticipated to expand at a 12.5% CAGR from 2016 to 2024 in terms of value to reach US$17.9 bn by 2024. As far as the size of the Europe raw milk vending machine market is concerned, in 2015, the market was pegged at 421 units in the region and this is likely to increase to 1,351 units by 2024. The CAGR registered during this period stands at 13.3%.

Q. Elaborate on the performance of the raw milk vending machines market in different European nations.

A. The raw milk vending machines market in Europe has been divided into CIS, EU7, and Rest of Europe for the purpose of convenience. The EU7 nations – Italy, France, Belgium, the UK, Spain, Germany, and the Netherlands – form a strong segment as far as the performance of the raw milk vending machines market goes. The growing adoption of unpasteurized milk in Italy and France is one of the leading factors driving the market in this sub-region. Owing to the surge in milk production, the discontinuation of milk quotas, and the reduction in milk prices, small dairy farmers have been severely affected and they are therefore seeking new ways to get the milk out into local markets. This has also positively influenced the raw milk vending machines market in EU7 countries.

The raw milk vending machines market in countries within the Commonwealth of Independent States (CIS) – Belarus, Kyrgyzstan, Russia, Turkmenistan, Uzbekistan, Armenia, Kazakhstan, Moldova, Tajikistan, and Ukraine – has been witnessing extremely slow growth owing to the minimal demand for unpasteurized milk from the commercial sector.

Rest of Europe, however, is anticipated to emerge as the most rapidly expanding sub-regional segment in the Europe raw milk vending machines market. With a strong CAGR of 15.1% from 2016 to 2024, this segment is likely to be fueled by less stringent regulatory environments.

Growth of Global Nutricosmetics Market to be Steered by Rising Demand for Anti-aging Supplements

An aging population, coupled with the increasing disposable income and awareness about aesthetics worldwide, is expected to boost the valuation of the  nutricosmetics market to US$7.1 bn by the end of 2020. A report published by Transparency Market Research pegs the value of the global nutricosmetics market at US$3.3 bn in 2013. The market is expected to exhibit a CAGR of 11.50% between 2014 and 2020.

Nutricosmetics are natural health products consumed orally that have evolved from nutraceutical and cosmeceutical products. These products are composed of targeted nutrients and antioxidants that help in the treatment and prevention of various skin, nail, and hair related problems. Since, natural products potentially have fewer side-effects, experts project the demand for nutricosmetics to surge at an impressive rate over the next few years. Nutricosmetics are available in the market in the form of capsules, tablets, pills, drinks, and jellies. These forms are helping in improving the compliance and ease of use. The market witnesses lucrative opportunities in the developing nations mainly because of the increasing willingness of consumers to spend on beauty and anti-aging products.

Q: What factors fuel demand for nutricosmetics worldwide?

A: Topical skincare is no longer considered a cornerstone of beauty treatments. A healthy lifestyle and wellness are becoming more integrated in ensuring how a person looks or feels. Thus consumers are increasingly focusing on more natural options such as nutricosmetics that will help them build their beauty from within. Additionally, with clinical research around the influences of unbalanced or stressed gut microflora on the appearance of skin having received a lot of attention, the demand for more sophisticated technologies in nutricosmetics is expected to increase.

Q: What product innovations are likely to positively influence the market?

A: As people get keener on keeping themselves youthful for a longer time, the demand for nutricosmetics is likely to surge in response. However, not many consumers are willing to make drastic lifestyle changes to achieve this. Consumers’ reluctance in giving up alcohol, for instance, has prompted companies to formulate products that fit evolving needs.

To cash on such prevailing opportunities, a new gin, called Anti-aGin, which is claimed as being the ‘alcoholic equivalent of facial’ has been launched recently. This alcoholic product is the first of its kind to be created with skin boosting ingredients. As per reports, 40% of the gin is distilled with pure collagen. Anti-aGin contains a mix of skin-healing and antioxidant botanicals such as witch hazel, gotu kola, nettle, and green tea, which can help reduce cellulite and sun damage. The drink is a product of Warner Leisure Hotels, created in collaboration with Bompas & Par, and is currently available for sale across 13 hotel locations in the U.K.

Q: What factors are inhibiting nutricosmetics growth in the beauty and skincare industry?

A: Despite their growing popularity, leading skincare brands in the world such as Neutrogena, Dermologica, and Crème de la Mer do not offer nutricosmetics. The Association of UK Dieticians claims that currently there is very little evidence to support that a collagen supplement can improve skin health. This may hamper the global market for nutricosmetic to some extent.

Advances in Foam Recycling Could Help Global Foam Trays Market Overcome Longstanding Challenge

As the packaging industry emerges as a global business, it is witnessing a persistent demand for innovation in packaging solutions meant for diverse purposes. The main objective of packaging is to efficiently protect its contents during transit to market until it reaches its final destination of consumption or use. However, as concerns pertaining to the environmental impact of packaging materials once they are disposed skyrocket, industries have started focusing on recycling packaging materials. This trend is also observed in the foam trays market.

A recent analysis by Transparency Market Research has pegged the valuation of the global foam trays market at US$2.0 bn in 2009. Exhibiting a steady CAGR of 3.2% between 2009 and 2021, the market is anticipated to reach US$3.0 bn by the end of 2021. Volume-wise the market is anticipated to expand at CAGR of 4.4% during the period. From 31.7 bn units in 2009, the market is expected to reach 52.8 bn units by the end of 2021.

Rising Environmental Concerns Hamper Market Growth

Apart from the convenience they offer and their easy disposability, foam trays are also gaining traction in the market due to their cost-effectiveness. The market is gaining considerably from the increasing demand for expanded polystyrene (EPS). While the rising environmental concerns have been somewhat of a challenge for the market, the advent of biodegradable foam is likely to give it a good boost in the near future.

Market Sees Opportunities in Recycling Foam Trays

Price-based competition and rising environmental concerns related to the disposal of foam trays have compelled manufacturers to explore newer ways of putting the materials into use. Polypropylene, polystyrene, polyethylene, and polyesters are the most commonly used materials to make foam trays. Of these, polystyrene is the most widely used material for making foam trays. Since polystyrene is obtained from petroleum, which is a non-renewable resource, recycling emerges as a potent way of reducing the fuel consumed during the manufacturing processes.

Recycling Polystyrene Helps in Reducing Threat to Marine Life

The most visible benefit of recycling foam trays is in the reduction of litter on land as well as in the sea. EPS is an extensively used material in the production of foam trays. It is not affected by oxygen, water, or sunlight, and hence, stays around in land or water indefinitely. Polystyrene also threatens the marine life. As the material wears out with time, EPS disintegrates into tiny particles, which fish often mistake as food. Once EPS is eaten by marine animals, it clogs their digestive system, thereby killing them. As per reports, EPS makes a substantial portion of the marine litter, thus making recycling foam trays more important than ever.

Conversion of Foam into Newer Products Reduces Need to Harvest Crude Oil

Conversion of foam trays into newer products to be used for packaging in the retail and food and beverages industries is a simple process, but it reduces the need of harvesting crude oil and the energy required in the process to make virgin resin. As an end result, greenhouse gas emission is reduced and the dependence on oil imports could plummet to a significant level.

Owing to the aforementioned reasons, leading enterprises operating in the foam trays market such Pactiv, LLC, D&W Fine Pack, LLC, Sealed Air Corporation, and others have been focusing on recycling the disposed foam. This has helped them in reducing the overall carbon footprint as well as reducing the dependence on fossil fuel for energy.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/global-foam-trays-market.htm

Global Footwear Market to Gain Impetus from Rising Demand in Developing Countries

The global footwear industry has seen wide transformation in the past few years, thanks to the changing consumer dynamics (in terms of age and spending power), the rapidly changing retail industry, the expanding products-base of therapeutic footwear, and entry of international players in remote regional markets. The influence of social media marketing strategies and e-Commerce sales channels is also bringing a substantial change in the way the global footwear industry operated.

In a recent market research report examining the global footwear market, Transparency Market Research states that the market will expand at a meagre 2.5% CAGR in terms of revenue and 2.3% CAGR in terms of units of products sold over 2015-2023. The sluggish growth prospects for the market make evident that market vendors will have to pay more attention on key trends and modify accordingly to stay ahead of competition.

Mentioned below are some of the major trends seen in the present-day footwear market that will have significant influence on the growth prospects of the market:

Emerging Markets Exhibiting Most Lucrative Growth Opportunities

Spending on footwear reduced substantially during the recent recession in developed regions such as North America and Europe. Though the market witnessed a steady recovery in the post-recession period, much of the market’s growth was seen in developing counties such as India, China, and other Asian countries. The trend is expected to persist over the next many years and will strengthen economies.  Rising GDPs, flourishing industrial segments, and the rising commercialization of products grant the consumer in developing regions more purchasing power, which subsequently fuels demand from the footwear market in the region.

It is projected that a dominant share of consumer spending on footwear will be seen in emerging markets. Only the companies who prepare themselves and modify their product offerings according to the choices of this new consumer-base will be able to sustain in the market in future years.

E-Commerce Retail Segment is strengthening

The convenience of buying and payment, the availability of a vast array of product choices, and the attractive discounts offered by the e-Commerce retail industry have jeopardized the traditional brick-and-mortar retail industry in the past few years. Though the e-Commerce industry is projected to witness strong growth over the future years, the experience of shopping for a perfect, comfortable pair of footwear by actually trying it will bring back the consumer to traditional stores. Nevertheless, the heightened popularity of the e-Commerce segment will continue to have a significant influence on the retail industry. Thus, in addition to traditional outlets, having presence in the online space will help companies in benefitting the online trend and extending marketing and consumer retention plans.

Consumers are Prioritizing on Making Sustainable Purchases 

Consumers around the world are becoming increasingly aware of the need to switch to renewable resources to tackle the vast environmental damage and the severe climate changes triggered by several industrial and human activities. Thus consumers are prioritizing on making sustainable purchases, a trend that will prompt manufacturers in implementing environment-friendly, transparent, and better manufacturing practices in the near future.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/footwear-market.htm

Personal Care Packaging Market Driven by Rising Demand from Asia Pacific

Personal care packaging products are the various materials used to package and market personal care products. As such, the global personal care packaging market is entirely reliant on the personal care products market for strong sales. Fortunately for the former, the latter has shown no signs of disappointing.

The global personal care products market has grown by leaps and bounds in the last few years, with skin care and hair care products, in particular, receiving sizable demand. The steady demand from developed countries has helped the global personal care packaging market, but the rising demand from emerging regions such as Asia Pacific, the Middle East, and Latin America is expected to play a larger role in the personal care packaging market’s development in the coming years.

Asia Pacific Personal Care Packaging Market Set to Reach US$14.3 bn by 2020

Due to the rapid spread of urban infrastructure and industrialization in major countries such as China and India, the Asia Pacific market has dominated the global personal care packaging market in the last decade. The increasing purchasing power of consumers in this region, aided by the bounding GDP of dynamic countries, has also helped this regional market for personal care packaging massively.

The improving living standards of the population in this region have also helped the personal care packaging market, as people have become more aware about the adverse effects of pollution on their appearance and are accordingly taking steps to combat them. The high levels of pollution in major cities across Asia Pacific have thus been beneficial for the APAC personal care packaging market. Skin and hair care products, in particular, are expected to enjoy rising demand.

Global Personal Care Packaging Market to Retain Fragmented Competitive Landscapes

The competitive landscape of the global personal care packaging market is fragmented to a high degree, with companies such as Saint Gobain, Amcor Ltd., Mondi, and Bemic Company, Inc. establishing a relatively strong foothold. However, high demand for local products is expected to remain a feature of the global personal care packaging market in the years to come.

Research Report: http://www.transparencymarketresearch.com/personal-care-packaging-market.html

Emerging Countries Show Promising Growth in Air Care Market

The global air care market, according to market intelligence firm Transparency Market Research, is poised to expand at a rather meagre CAGR of 2.60% from 2015 to 2021, rising from a value of US$9.8 bn in 2014 to US$11.7 bn by 2021.

The firm identifies three of the most rapidly expanding regional markets for air care – India, Brazil, and Singapore – and states that these emerging countries will witness a surge in demand for air care products over the coming years.

Here’s a snapshot of how these three markets have been faring in recent years.

> India: The growth of India’s air care market can be attributed mainly to the launch of new product categories and the rising demand for air care products from urban consumers. The rising aspirations of the middle class for pleasant surroundings, increased promotional activities, and the surge in disposable income have also contributed towards the growth of the air care market in India. Owing to its popular and well-established brand Odonil, Dabur India Ltd. has emerged as one of the leading air care companies.

> Brazil: The air care market in Brazil has been greatly driven by the trend of indulgence within smaller households and high promotional levels. An increasing number of Brazilians have been choosing entertainment activities at home instead of going out, a trend that has resulted in the rising demand for air care fragrances. International companies such as Reckitt Benckiser and Ceras Johnson have been dominating a rather concentrated air care products market in Brazil. On the flip side, the high price of such products and the low disposable income in the country is likely to restrain the air care market in Brazil.

> Singapore: The air care market in Singapore has been witnessing a fluctuating pace. On the one hand, there has been a decline in demand owing to the higher tendency of consumers to purchase air conditioning systems to combat foul smells in the home. On the other hand, factors such as the growing presence of private labels, a strengthening retail distribution system via supermarkets, a surge in home care sales, an increase in marketing campaigns by way of online retailing, and the introduction of multipurpose products are likely to boost the air care market in Singapore.

Apart from these, there are several other countries that have been contributing towards the growth of the global air care market. The rising standard of living in Latin America, especially in Argentina, is fueling the air care market. A number of European countries, such as the Czech Republic, Hungary, and Poland have also been experiencing a similar improvement in the standards of living. Countries within the Asia Pacific have made rapid progress in the air care market as they offer significant opportunities for manufacturers as well as distributors.

Some of the leading players within the global air care market are Chesapeake Bay Candle, Henkel Group., Reckitt Benckiser Inc., Procter & Gamble Co., American Covers, Inc., Candle-lite, Inc., Car Freshener Corporation, Church & Dwight Co. Inc., SC Johnson & Son Inc., and WD-40 Co.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/air-care-market.htm

Innovation Seen as Key to Survival in Automotive Catalytic Converter Market Globally

A catalytic converter is an emission controlling device that helps in removing major harmful compounds, including carbon monoxide, nitrogen oxide, and hydrocarbons, from the exhaust system of a vehicle. Carbon monoxide is formed by the combustion of gasoline, whereas nitrogen oxides are formed when the heat in the engine induces nitrogen to diffuse with oxygen. Hydrocarbons are the unused gasoline present in the automobiles. On the basis of material, the global automotive catalytic converter market can be categorized into: Rhodium, palladium, and platinum.

The job of a catalytic converter is to aid pollution removal by converting harmful gases into less toxic ones in a vehicle’s exhaust system. In view of their pollution-control function, catalytic converters are commonly used in the exhaust systems of cars, trucks, mining equipment, motorcycles, locomotives, forklifts, buses, generator sets, engine-fitted devices, and airplanes. They are also used in wood stoves so as to control emissions.

Product Innovation and Development to Benefit Players in Global Automotive Catalytic Converter Market

The growing demand for automotive catalytic converters across the globe has resulted in increased participation of players so as to gain a competitive advantage in the market. In the next few years, several players are expected to enter the market and create a position for themselves. Some of the leading players engaged in the global market for automotive catalytic converter are Tenneco Inc., Calsonic Kansei Corporation, Eberspaecher GmbH Holding & Co. KG, Magneti Marelli S.P.A., Clean Diesel Technologies, Inc., Faurecia SA, BASF Catalysts LLC, and Benteler International AG.

Product innovation is one of the crucial strategies implemented by the players to survive in the market. The major players in the global automotive catalytic converter market are making huge investments in research and development activities to enhance emissions control solutions in automobiles.

Technological Advancements to Augment Growth of Global Automotive Catalytic Converter Market

According to a research study by Transparency Market Research, in 2014, the global market for automotive catalytic converters was worth US$105.59 bn and is estimated to reach a value of US$172.8 bn by the end of 2021. The market is projected to exhibit a strong 7.30% CAGR between 2015 and 2021.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/automotive-catalytic-converter-market.htm

The increasing production of vehicles worldwide, technological advancements, and increasing stringent emissions norms are some of the major factors that are estimated to boost the demand for automotive catalytic converters in the next few years. In addition, the developing markets of the Middle East and Africa, Lain America, and Asia Pacific are further expected to augment the growth of the market. However, the high expenditure of research and development and the redundancy of catalytic converters in electric vehicles are acting as the restraining factors for the growth of the global market for automotive catalytic converters.

Escalating Need for Fuel Efficiency behind Growth of Global Automotive Fuel Delivery and Injection Systems Market

The global automotive fuel delivery and injection systems market is projected to expand at a 4.90% CAGR from 2015 to 2021, states business intelligence firm Transparency Market Research. In 2014, the market value was pegged at US$54.6 bn, which is forecast to increase to US$72.7 bn by 2021.




Some of the major factors driving the automotive fuel delivery and injection systems market are:

• The rising demand for better utilization of fuel

• The mounting prices of fuel

• The increase in government regulations pertaining to vehicular emissions

• The surge in technological advancement in fuel delivery and injection systems

• The rising demand for alternate fuel and fuel injection systems in two-wheelers

• The ability of fuel injection systems to reduce the amount of unburned fuel in the engine, thereby optimizing the mileage of the vehicle.

Maserati Recalls Convertibles over Fuel Delivery Line Issues

Earlier this year, Italian luxury car manufacturer Maserati recalled the 2016 GranTurismo and GranTurismo Convertible models owing to a problem with the fuel delivery line that may lead to a fuel leak. The company stated that the affected vehicles were equipped with a non-galvanized main fuel delivery line and that is likely to corrode, resulting in a fuel leak. In the presence of an ignition source, the fuel leak can heighten the risk of a fire. The affected models of the 2016 Maserati GranTurismo Convertible and the 2016 Maserati GranTurismo were manufactured between September and November 2015. An estimated 33 vehicles in the US were affected and recalled.

While Maserati did notify the owners and dealers replaced the main delivery fuel line with no added charge, instances such as these have a negative impact on the global automotive fuel delivery and injection systems market.

UPS Awards New CNG Fuel Systems Contract to Agility

The leading producers and designer of natural gas fuel storage and delivery systems for buses and heavy duty trucks, Agility Fuel Systems announced earlier this month that logistics company UPS (United Parcel Service) has ordered the new Behind-the-Cab CNG fuel systems by California-based Agility for its delivery vehicles. More than 1,700 heavy duty UPS trucks will be fitted with Agility’s natural gas fuel systems, which promises superior packaging efficiency by fitting up to six inches closer to the vehicle to ensure enhanced aerodynamics. 

Browse Press Release: www.transparencymarketresearch.com/pressrelease/automotive-fuel-delivery-injection-systems-market.htm

The Behind-the-Cab fuel delivery technology is just an example of how players within the automotive fuel delivery and injection systems market have been developing innovative, more efficient, and sustainable solutions to transform the transportation sector.

Some of the other prominent players contributing towards the expansion of the global automotive fuel delivery and injection systems market are Ti Automotive Inc., Continental AG, Delphi Automotive Plc, Hitachi Automotive Systems, Ltd., MSD Ignition, Magneti Marelli S.P.A, Lucas TVS Ltd., Denso Corporation, Robert Bosch GmbH, and Edelbrock, LLC.

Expansion of Railway Networks in India, China Drives Railcar Mover Market

Railcar movers are specialized road-rail vehicles used to move railcars over short distances, usually to assemble them in yards or carry them on rail sidings. They have both road and rail wheels. The road tires are usually lifted up when railcar movers are used on rail tracks, but – due to the slow speed expected of railcar movers on railway tracks – the road tires can also be used on rail tracks, with the rail wheels guiding the vehicle. Railcar movers are becoming highly popular with train operators, since they perform the tasks of switcher locomotives at lower costs and with less fuel.

According to Transparency Market Research, a leading market intelligence company, the global railcar mover market is expected to exhibit a CAGR of 1.02% from 2014 to 2020. The primary driver of the global railcar mover market is the increasing demand in emerging countries.

Indian, Chinese Railways Important for Future of Railcar Mover Market

China and India are the two most populous countries in the world and also possess two of the largest railway networks in the world, carrying billions of passengers every year. These two countries also possess two of the most dynamic economies in the world, which benefits public services such as railways and their associated industries, including railcar movers. As a result, these two countries feature prominently on the charts of the global railcar mover market.

These two countries have experienced rapid industrialization and urbanization in the last few decades, leading to expansion in national as well as suburban railway networks. With a daily ridership of more than 7.5 million, the Mumbai suburban railway network is among the largest in the world, while the Beijing Subway is the busiest metro system in the world, with daily ridership averaging close to 9.3 million. The Mumbai Suburban Railway also possesses one of the largest EMU car sheds in the world. The Shanghai Metro is the longest subway system in the world and has the second most number of stations, only bested by the New York City Subway. The presence of such major suburban systems is a major factor impacting the growth trajectory of the Asia Pacific railcar mover market.

The national railway systems in both India and China are also expanding, with both countries keen on expanding railway coverage in their Himalayan territories. This is another factor expected to boost the Asia Pacific railcar mover market in the coming years. The rising demand for tourist trains and luxury train travel is also expected to boost the railway networks in these two countries, indirectly propelling the railcar mover market. The Asia Pacific railcar mover market is expected to exhibit a CAGR significantly higher than that of the global market in the aforementioned forecast period – 1.33%.

North America Leads Railcar Mover Market due to Rising Commodities Transport

Currently, North America, propelled by the widespread railway coverage in the U.S. and Canada, leads the global railcar mover market. The rising production of unconventional oil and gas and other modern-day fuels in the U.S. is a major driver impacting the North America railcar mover market, since railways are a popular means of transporting large quantities of fuels from the source site to the refineries and further distribution centers.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/global-railcar-mover-industry.htm

North America also leads the global railcar mover market in terms of R&D into railcar movers. The major attributes of railcar movers boosting their demand are their lower fuel consumption than conventional locomotives and versatility. Maximizing these attributes to make the most of railcar movers is the primary aim of R&D in this industry. The presence of major railcar mover manufacturers such as Shuttlewagon, Railking, and Trackmobile also aids the expansion of the North America railcar mover market.

Uncontrollable Terrorism Augments Global Transportation and Security System Market

The transportation industry forms the backbone of every economy, driving it towards success with a strong network. The two go hand in hand, complementing each other’s growth patterns. Over the years, the global transportation industry has flourished significantly as economies have expanded, strengthened, and limped back to normalcy despite a few pitfalls. This growth has demanded the inclusion of safety and security measures for proliferating the transportation industry in a time of rising crime rates. Owing to these reasons, the global transportation and security systems market has witnessed a huge surge.

Industry Aims to Mitigate Losses

The objective of the global transportation and security system market is to offer solutions that are aimed towards protecting modes of transport from any possible terrorist activities and reduce the harm that criminal activities can cause in the case of a dangerous situation. Additionally, the market also has customized solutions for making public transport safer by offering a wide range of safety and security arrangements such as proper scanning, access control, and continuous surveillance with security cameras to mitigate losses.

Lockheed Martin Aims to Make Travel Safer

The frequency of warnings against terrorist attacks at rail terminals, airports, and other transportation facilities, especially, has been high all across the globe. The inevitability of attacks and threats has urged several manufacturers and designers in the global transportation and security system market to design solutions that can deter and derail the terrible consequences.

For instance, in August 2015, the Transportation Security Administration (TSA) chose Lockheed Martin for executing the Transportation Security Equipment Deployment Services (TEDS) across the Western Region of the United States, which covers regions such as Alaska, Hawaii, Guam, and Colorado. This is aimed at deploying checkpoint systems for carry-ons, passengers, and checked baggage screenings to offer the passengers utmost protection and facilitate safe travel.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/transportation-security-system-market.htm

Some of the key players in the transportation and security system market are Rapiscan Systems Saab Ab-B, Lockheed Martin, Alstom, Safran Group, Kapsch Group, Orbcomm, Honeywell International, L-3 Communications, and Smiths Group. These companies are operating in regions such as North America, Europe, Asia Pacific, and Rest of the World. The systems designed by these companies are categorized as access control, surveillance, scanning, fire safety, and biometrics. These systems are used for modes such as the roadways, railways, airways, and seaways.

Rising Acts of Terrorism in Asia Pacific Augment Market

According to a research report published by Transparency Market Research, a reputed research firm, North America held a dominant share in the global transportation and security system market in 2014. Analysts predict that this trend will continue in the coming years. This dominance will be attributable to the growing number of vehicles being fitted with modern electronic devices for safety and navigation, which is the fundamental equipment for ensuring security in the world of transportation. The research points out that Asia Pacific will offer an impressive impetus to the transportation and security system market due to increasing criminal activities and an unprecedented crime rate, especially in countries such as Pakistan, Bangladesh, Sri Lanka, and India. On a global scale, the transportation and security system market will be driven by the strict regulatory framework demanding vehicle safety.

Europe Mosquito Repellent Candles Market: Increasing Incidence of Mosquito Borne Disease to Drive Demand

The Zika outbreak has created an emergency-like situation across the world. Like in many other countries, the Zika virus has also spread in Europe demanding special attention from healthcare practitioners to stop it from spreading any further. Though Europe does not consider health threats from mosquitos as one of the major public-health emergencies, it has identified them as a re-emerging threat to public and is emphasizes on the need to prevent their contact with humans and animals that lead to transmission of diseases.

A recent statement by the U.N., warning against the spread of Zika virus in Southern Europe on account of the increasing mosquito influx, has increased the concerns among European citizens over Zika and other diseases caused by mosquito bites such as malaria and dengue. This factor is emerging as the biggest growth driver of the market for mosquito repellant candles in Europe.

According to a research study published by Transparency Market Research (TMR), a market intelligence and research firm, the Europe mosquito repellant candles market gained a total value of US$1.3 in 2014. Analysts at TMR expect this market to rise at a CAGR of 6.30% during a period from 2015 to 2021 and reach a value of US$2.1 mn by the end of 2021. The market produced a total of 2.5 mn units in 2014 and is likely to raise its production to 3.8 mn units by the end of 2021, rising at a CAGR of 6.0% between 2015 and 2021.

France to Retain Leadership in Europe Mosquito Repellent Candles Market
In 2014, France dominated the market for mosquito repellent candles in Europe with a share of 30% in the market. The rapid climatic changes in France has increased the spread of mosquitos-borne diseases by providing favorable breeding conditions to them, which in turn, has propelled the demand for mosquito repellent candles extensively in this country. The trend is likely to continue over the period from 2015 to 2021, during which, the mosquito repellent candles market is expected to report a CAGR of 6.30% in the country.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/europe-mosquito-repellent-candles-market.htm

The mosquito repellent candles market in the Rest of Europe is also expected to post steady growth in the coming years. Spain and Italy are likely to emerge as the leading domestic markets for mosquito repellent candles in this region.

Hence, the future of Europe mosquito repellent candles market looks thriving. However, the high cost of these candles, coupled with the availability of cost-efficient alternatives, is anticipated to limit the growth of this market in the forthcoming years. Here is a snapshot of some other significant factors that can influence the Europe market for mosquito repellent candles in the near future.

• The increasing incidence of mosquito-borne diseases in Europe is likely to propel the demand for mosquito repellent candles greatly over the next few years.

• The rising concerns over the high carbon content in these repellant candles are, however, are likely to restrict their demand in this region to a certain extent in future.

Diversam Comaral, Gies-Kerzen GmbH, Bite Lite, Coghlan’s Ltd., Biosensory Inc., Yankee Candle Co., and Guangzhou Tiger Head Battery are some of the major mosquito repellant candles manufacturers in Europe.

Intelligent Building Management Systems (IBMS) Market in India Gains Most Consumers in Hospitality Sector

At a projected GDP growth of 8% in 2016, the Indian economy is making longer strides than most other large economies in the world. This optimism has manifested itself in the form of large, bold investments in the country. The construction sector is one of the beneficiaries of this growth. But a change that’s roiling numerous industries is the growing focus on adopting everything that’s green and good for the environment. It is the culmination of these two massive trends that will shape the future of the Indian intelligent building management systems (IBMS) market.

Putting this growth into numbers, Transparency Market Research says that the IBMS market will post a compounded annual growth rate (CAGR) of 28.1% between 2015 and 2021. The market is predicted to rise from its 2014 value of US$780.0 mn in 2014 to a remarkable US$4,347.7 mn by 2021.

As Indian Hospitality Sector Shines, Positive Investor Sentiment Prevails in India’s IBMS Market

According to the Investment and Technology Promotion Division of the Indian government’s Ministry of External Affairs, the services sector in the country has gained immensely from the strong growth exhibited by the hospitality and tourism industry. The number of foreign tourists arriving in India was over seven million from January to November 2015. The hospitality industry is riding high on the surging tourism wave and it is expected that the number of online hotel bookings will nearly double by 2016 as access to smartphones and the internet is becoming easier.

The stupendous rise of the hospitality sector in India will augur well for the growth of the intelligent building management systems market in the country. There is expected to be a high demand for communications systems, general lighting controls, access control, HVAC automation, and security controls.

Most Investments in IBMS Channeled into South India, Potential of East India Hard to Overlook

Transparency Market Research has said in its report that the market for intelligent building management systems in India was the largest in South India in 2014. Moreover, this region will retain its leading position in the country’s BIMS market over the next seven years with over 30% of the market. It is easy to see why. A number of enterprises in the Indian states of Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Kerala have made appreciable investments in intelligent building management systems. The residential and commercial construction sector in this region is strong, and provides a favorable setting for the growth of the BIMS market. 

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/india-ibms-market.htm

However, the Eastern parts of India, which have not shown remarkable growth thus far, are now reaping the benefits of several government initiatives and investments by private organizations. This will make Eastern India the fastest-growing region in the Indian BIMS market. The setting up of new manufacturing plants in the region and the impressive growth of the construction sector here can be credited for this.