Market Research Insights

  San Francisco, 30 April 2024:  The Report  Musical Instrument Market  Size, Share & Trends Analysis Report By Type (Stringed, Percussion, Wind, Keyboard), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2023 - 2030 The global musical instrument market size is anticipated to reach USD 25.13 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. The growth is expected to be driven by a rise in the adoption of digital musical instruments over the projected timeframe. Due to the variety of sounds generated by the instrument's electronic circuitry, musicians who are familiar with using only one instrument can benefit from a full studio environment. As a result of this factor, the millennial generation is more likely to pursue music as a hobby or a career, which will spur market expansion over the coming years. Music courses are being off...

  San Francisco, 30 April 2024:  The Report  Direct Selling Market  Size, Share & Trends Analysis Report By Product (Health & Wellness, Cosmetics & Personal Care, Household Goods & Durables), By Region, And Segment Forecasts, 2023 - 2030 The global direct selling market size is expected to reach USD 328.26 billion by 2030, registering a CAGR of 6.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The consumers' increasing desire to inspect and authenticate products before purchase is driving the global industry. As a consequence of the internet ecosystem and changing client demands, new business models have arisen, resulting in the emergence of direct-to-consumer (D2C) distribution channels. For product and service marketing, direct selling has emerged as a dynamic and rapidly developing way of distribution. Direct selling organizations have been effective in supplying new things on a regular basis in order to ...

  San Francisco, 30 April 2024:  The Report  Textile Flame Retardants Market  Size, Share & Trends Analysis Report By Product (Halogenated, Non-halogenated), By Application, By Type, By Technology, By End-use, By Region, And Segment Forecasts, 2022 - 2030 The global textile flame retardants market size is expected to reach USD 717.0 million by 2030, as per a new report by Grand View Research, Inc. registering a CAGR of 3.6% during the forecast period. The market growth is attributed to the rise in product demand from end-use industries such as industrial manufacturing, transportation, and defense. Flame retardants are chemicals used to retard flame propagation in textiles, plastics, building & construction, electrical & electronics, transportation, and defense applications. They exhibit different chemical compositions and are classified into halogenated and non-halogenated types. In addition to increased scrutiny from regulatory agenci...

  San Francisco, 30 April 2024:  The Report  Bromelain Market  Size, Share & Trends Analysis Report By Application (Healthcare, Meat & Seafood, Dietary Supplements), By Region, And Segment Forecasts, 2022 - 2030 The global bromelain market size is projected to reach USD 45.09 million by 2030, according to a new report by Grand View Research, Inc. It is expected to register a CAGR of 7.1% from 2022 to 2030. The market growth is majorly driven by the growing inclusion of the product in the healthcare, pharmaceutical, and dietary supplements industries due to its numerous health benefits. Bromelain is a naturally occurring enzyme found in pineapple and the stem of pineapple. It is a type of proteolytic enzyme. The enzyme has numerous health benefits and has been used in indigenous medicine by tropical tribes. It has found its place in modern medicine too. It has been found as a very effective anti-inflammatory agent against allergies, one amo...

  San Francisco, 30 April 2024:  The Report  Digital Healthcare Supply Chain Management Market  Size, Share & Trends Analysis Report By Product (Hardware, Software, Services), By Deployment (Web-based, Cloud-based, On-premise), By End-use, By Region, And Segment Forecasts, 2024 - 2030  The global digital healthcare supply chain management market size is anticipated to reach USD 5.4 billion by 2030 and it is projected to grow at a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Major factors driving the market growth include adopting the GS1 standard system and UDI, emerging cloud-based solutions, and the growing need to reduce operating costs. Moreover, the increasing adoption of mobile-based healthcare supply chain management (SCM) solutions contributes to market growth over the forecast period. Mobile apps have become an essential part of SCM solutions. GPS-enabled mobile applications have made supply chain ...

  San Francisco, 29 April 2024:  The Report  Pet Insurance Market  Size, Share & Trends Analysis Report By Coverage Type (Accident-only, Accident & Illness), By Animal Type (Dogs, Cats), By Sales Channel (Agency, Broker, Direct), By Region, And Segment Forecasts, 2024 - 2030 The global pet insurance market size is expected to reach USD 29.94 billion by 2030, registering a CAGR of 14.15% from 2024 to 2030, according to a new report by Grand View Research, Inc. The key factor driving the industry growth includes increasing veterinary care costs as a result of advancements in medical technology and treatments. Thus, pet owners are seeking insurance to help cover these expenses. According to the American Pet Products Association (APPA), the total pet spending in the U.S. alone was estimated to reach a record high of over $100 billion in 2023. This includes expenses, such as pet food, supplies, over-the-counter medications, veterinary care, and other ser...

  San Francisco, 29 April 2024:  The Report  Japan Cross-border E-commerce Market  Size, Share & Trends Analysis Report By Platform (B2B, B2C, C2C), By Application (Food & Beverage, Personal Care, Furniture & Appliances, Toys, hobby & DIY), And Segment Forecasts, 2023 - 2030 The Japan cross-border e-commerce market size is expected to reach USD 5.09 billion by 2030, expanding at a CAGR of 6.9% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The significant traction achieved by the e-commerce industry over the past years is a testimony to how the internet has transformed the way goods and services are traded in the market. Several factors, including the increasing penetration of smartphones, access to high-speed internet, rising disposable incomes, and the growing user base of social media platforms, have helped the e-commerce industry gain increasing popularity across the globe over the years. Furthermore,...

  San Francisco, 29 April 2024:  The Report  Light Gauge Steel Framing Market  Size, Share & Trends Analysis Report By Type (Skeleton Steel Framing, Wall Bearing Steel Framing), By End-use (Commercial, Residential), By Region, And Segment Forecasts, 2023 - 2030 The global light gauge steel framing market size is anticipated to reach USD 52.73 billion by 2030, registering a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. The substantial rise in construction spending and a shift in the trend toward sustainable materials have contributed to higher energy efficiency at a lower cost, which in turn is driving the demand for light gauge steel frames. Rapid urbanization coupled with the rising disposable income in developed and emerging economies such as China, India, Brazil, and Southeast Asian countries, among others, is anticipated to drive the construction of residential buildings, industries, and commercial spa...

  San Francisco, 26 April 2024:  The Report  Oleoresin Market  Size, Share & Trends Analysis Report By Product (Paprika, Black Pepper, Capsicum), By Application (Food, Beverage, Fragrances, Pharmaceutical), By Region, And Segment Forecasts, 2024 - 2030 The global oleoresin market size is anticipated to reach USD 2.83 billion by 2030 and is anticipated to expand at a CAGR of 6.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the growing use of spice oleoresins for coloring and flavoring and is projected to drive the market growth. Oleoresins, derived from specific spices like turmeric and paprika, are highly valued not only for flavor-enhancing properties but also for vibrant coloring attributes. These products find extensive applications in salad dressings and as coloring agents in pickled products. Oleoresins are particularly suitable for high-temperature food processing methods such as baki...

  San Francisco, 26 April 2024:  The Report  Retail Cloud Market  Size, Share & Trends Analysis Report By Component (Customer Management), By Service Model Type (SaaS, IaaS, PaaS), By Deployment, By Organization Size, By Region, And Segment Forecasts, 2024 - 2030 The global retail cloud market is anticipated to reach USD 167.82 billion by 2030 and is expected to expand at a CAGR of 18.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Cloud computing significantly impacts the retail industry; it drives innovation through improved inventory management, allowing real-time tracking, identifying stock shortages, and optimizing supply chains, resulting in better customer service, increased sales, and cost reduction. Moreover, cloud-based solutions enable retailers to collect and analyze customer data, delivering personalized recommendations and offers, fostering stronger customer relationships and higher sales. Additionall...