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US Deodorant Market 2023 | Industry Size, Trends and Forecast 2028

The latest report by IMARC Group, titled, “US Deodorant Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the US deodorant market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the US deodorant market?

The US deodorant market to grow at a growth rate (CAGR) of 7% during 2023-2028.

What is US deodorant?

Deodorant is an essential item designed to mitigate and control body odor caused by the bacterial breakdown of perspiration. It is typically applied topically to the underarms, which are a prime location for sweat and odor production. Their primary function is to mask or neutralize unpleasant odors and inhibit the growth of odor-causing bacteria. Deodorants come in various forms, including roll-ons, sprays, sticks, and creams, catering to diverse consumer preferences. These products often contain active ingredients such as antimicrobial agents, fragrances, and sweat-absorbing compounds, which work to provide a refreshing and odor-free experience.

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What are the growth prospects and trends in the US deodorant industry?

In recent years, there has been a notable shift in consumer preferences toward natural and organic products, including deodorants. Consumers are becoming more health-conscious and eco-friendly, prompting them to seek alternatives to conventional deodorants that often contain synthetic chemicals. This trend has paved the way for the growth of natural and organic deodorants, which are formulated with ingredients like plant extracts, essential oils, and baking soda. In addition, the US population’s growing awareness of health and wellness has a significant impact on the deodorant market. This has given rise to the demand for deodorants that are free from parabens, phthalates, and other potentially harmful chemicals. Besides, companies are increasingly adopting eco-friendly packaging solutions, such as recyclable materials and reduced plastic usage, to minimize their environmental footprint. They are also introducing new scent varieties, skin-friendly formulations for sensitive skin, and gender-neutral or personalized products. This aligns with the broader corporate social responsibility movement and resonates with eco-conscious consumers. Furthermore, the rise of e-commerce has reshaped the deodorant market’s distribution landscape. Online shopping platforms have become primary channels for consumers to browse and purchase personal care products, including deodorants. Additionally, there is a growing trend toward gender-neutral or unisex deodorants. This shift aligns with societal changes and evolving perceptions of gender, making deodorants more inclusive and appealing to a broader audience.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

Sprays
Roll-On
Creams
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Pharmacies
Online Stores
Others

Breakup by Packaging Type:

Metal
Plastic
Others

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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United States Lingerie Market 2023 | Industry Size, Share and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “United States Lingerie Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the United States lingerie market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the United States lingerie market?

The United States lingerie market is projected to exhibit a growth rate (CAGR) of 5.70% during 2023-2028.

What is United States lingerie?

Lingerie, a term encompassing various undergarments and sleepwear worn by individuals, plays a significant role in the apparel industry. It comprises a range of delicate and stylish garments, such as bras, panties, camisoles, and nightgowns, designed to provide comfort and enhance confidence. Lingerie goes beyond functionality, offering a blend of fashion and personal expression. As a result, with its intricate designs and fabrics, lingerie serves as an essential component of self-care and fashion choices for individuals in United States.

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What are the growth prospects and trends in the United States lingerie industry?

In the United States, the lingerie market is witnessing dynamic growth, driven by the shift in consumer preferences toward sustainable and ethically produced lingerie. As awareness of environmental and social concerns rises, customers are seeking eco-friendly materials and production practices, prompting businesses to adapt and incorporate sustainability into their offerings. Moreover, technological advancements have transformed the lingerie shopping experience. E-commerce platforms and mobile apps have revolutionized the way consumers discover, browse, and purchase lingerie. This digital transformation has enabled businesses to reach a wider audience and offer personalized recommendations, enhancing customer engagement and loyalty. In line with these trends, inclusivity and diversity are reshaping the United States lingerie market. Brands that prioritize a wide range of sizes, skin tones, and body types are gaining traction, resonating with consumers seeking products that cater to their individuality. This focus on inclusivity not only reflects a societal shift but also opens new avenues for business growth and customer satisfaction.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

Brassiere
Knickers or Panties
Shapewear
Others

Material Insights:

Cotton
Silk
Satin
Nylon
Others

Price Range Insights:

Economy
Premium

Distribution Channel Insights:

Mass Merchandizers
Specialized Stores
Online Stores
Others

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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India Gaming Market 2023 | Industry Share, Analysis, Size and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “India Gaming Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the India gaming market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the India gaming market?

The India gaming market is projected to exhibit a growth rate (CAGR) of 17.6% during 2023-2028.

What is gaming?

Gaming, also known as video gaming, refers to the activity of playing electronic games on various platforms, such as personal computers, gaming consoles, mobile devices, and even specialized gaming devices. It has evolved into a significant form of entertainment and a global cultural phenomenon. Gamers engage in various genres of games, including action, adventure, role-playing, strategy, simulation, and sports, among others. The gaming industry has experienced rapid growth, with advancements in technology enhancing the overall gaming experience. High-quality graphics, immersive virtual worlds, and interactive gameplay have contributed to the industry’s popularity. Online gaming allows players to connect with others worldwide, fostering a sense of community and competition. Beyond entertainment, gaming has also gained recognition for its potential educational and cognitive benefits.

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What are the growth prospects and trends in the India gaming industry?

One primary factor is the rapid increase in internet penetration across the country. With a growing number of individuals gaining access to the internet, online gaming has become more accessible, allowing gamers to connect and compete with others globally. The proliferation of affordable smartphones and mobile devices has also played a pivotal role in shaping the gaming landscape. Mobile gaming has emerged as a dominant segment, attracting a diverse audience of casual and dedicated gamers. This accessibility has democratized gaming and contributed to the industry’s widespread adoption. Furthermore, the rise of eSports has injected dynamism into the Indian gaming ecosystem. Competitive gaming tournaments and leagues have garnered substantial attention, fostering a vibrant community of professional and amateur gamers alike. This has not only cultivated a sense of competition but has also created lucrative opportunities for players, content creators, and sponsors.

What is included in market segmentation?

The report has segmented the market into the following categories:

Device Type Insights:

Consoles
Mobiles and Tablets
Computer

Platform Insights:

Online
Offline

Revenue Type Insights:

In-Game Purchase
Game Purchase
Advertising

Type Insights:

Adventure/Role Playing Games
Puzzles
Social Games
Strategy
Simulation
Others

Age Group Insights:

Adult
Children

Breakup by Region:

North India
South India
East India
West India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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India Luxury Watch Market 2023 | Industry Trends, Size, Growth and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “India Luxury Watch Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the India luxury watch market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the India luxury watch market?

The India luxury watch market is projected to exhibit a growth rate (CAGR) of 21.50% during 2023-2028.

What is luxury watch?

A luxury watch is a timekeeping device as well as a symbol of elegance, craftsmanship, and prestige. It is meticulously crafted by renowned watchmakers who incorporate intricate designs, precious materials, such as gold, platinum, and diamonds, and advanced mechanical movements that epitomize accuracy and innovation. A luxury watch stands out as a work of art, reflecting the wearer’s status and personal style, often becoming heirlooms passed down through generations. The possession of a luxury watch signifies an appreciation for precision, aesthetics, and the mastery of traditional watchmaking techniques. Unlike mass-produced watches, these watches are often limited in production, and the attention to detail in their construction ensures longevity and maintains value over time. They are typically sold through exclusive retail outlets and boutiques, catering to a niche market of connoisseurs and collectors. In recent years, luxury watches have gained immense popularity in India due to the rise in disposable incomes and a renewed interest in individual expression through personalized luxury accessories.

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What are the growth prospects and trends in the India luxury watch industry?

The India luxury watch market is primarily driven by the expanding middle-class population with higher purchasing power and a growing preference for premium products, signifying status, and refined taste. The growth of the Indian economy and the subsequent rise in affluent consumers have augmented the demand for luxury watches. Moreover, the expansion of luxury retail outlets and the presence of international luxury watch brands in Indian markets have enhanced accessibility for potential buyers. Along with this, the heightening awareness and appreciation for quality, craftsmanship, and exclusivity in watches are further propelling the market growth. Additionally, the advent of digital marketing and online retailing has enabled a broader reach to potential customers, even in tier-II cities. In line with this, the launch of limited edition releases and collaborations with celebrities are enticing younger audiences. Besides this, the development of eco-friendly luxury watches and the customization of products to suit the cultural aesthetics and preferences of Indian consumers have catalyzed market growth. Furthermore, various international luxury watch brands are localizing their marketing strategies and product offerings to resonate with Indian culture and traditions. For instance, they are introducing exclusive designs and features that reflect local aesthetics to attract a broader consumer base, thus accelerating product sales. Other factors, including an increase in duty-free luxury shopping like watches, rising investments in celebrity endorsements and influencer marketing, heightening popularity of luxury watches for personal and corporate gifting, significant growth in tier-II and tier-III cities, and the availability of easy consumer financing options, are also expected to drive the market further.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Analog Watch
Digital Watch

End User Insights:

Women
Men
Unisex

Distribution Channel Insights:

Online Stores
Offline Stores

Breakup by Region:

North India
South India
East India
West India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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India Wax Market 2023 | Industry Trends, Size, Share and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “India Wax Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the India wax market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the India wax market?

The India wax market is projected to exhibit a growth rate (CAGR) of 5.0% during 2023-2028.

What is wax?

Wax is a versatile organic compound characterized by its malleable solid state at room temperature and its ability to melt at a specific range of temperatures. It comprises a complex mixture of hydrocarbons, fatty acids, and other lipid compounds. In nature, wax is commonly found in various sources, such as plants, animals, and minerals. Some common types of wax are beeswax from honeycombs, carnauba wax from palm trees, and paraffin wax derived from petroleum. In industrial applications, wax plays a critical role in manufacturing, as it serves as a crucial component in products, including candles, polishes, cosmetics, food packaging, and even in the automotive and aerospace sectors. The ability of wax to provide lubrication, enhance surface gloss, and act as a protective barrier makes it an invaluable resource across multiple industries. As a result, wax finds extensive applications as a binding agent, waterproofing material, and medium for artistic creation owing to its unique properties, making it an indispensable part of modern manufacturing processes and consumer products.

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What are the growth prospects and trends in the India wax industry?

The India wax market is primarily driven by the escalating demand for wax in diverse applications, such as candle making, packaging, cosmetics, and pharmaceuticals. This is further supported by the inflating disposable income and rapid urbanization, leading to higher consumer spending on lifestyle and beauty products. Moreover, the expanding automotive industry in India necessitates wax for coatings, polishes, and rust prevention, thereby propelling the market growth. Besides this, the shifting trend toward sustainable and eco-friendly products has facilitated the development of natural and synthetic bio-based waxes, aligning well with the environmentally conscious consumers in the country. Additionally, favorable governmental initiatives and policies promoting domestic manufacturing are encouraging local wax production, favoring market growth. In line with this, continuous innovations and technological advancements in the processing and utilization of wax are opening up new avenues for the market. Furthermore, India’s strategic location and growing reputation as a manufacturing hub present significant export opportunities for wax products. Along with this, the construction growth in India, due to urbanization and government initiatives in infrastructure development, is augmenting the demand for wax in applications such as adhesives, sealants, and coatings. Another major contributing aspect is the rise of online retail and e-commerce platforms that has enabled a broader reach of wax-based consumer products, offering greater accessibility and a wider variety of choices. Other factors, including the launch of bio-based wax, increasing product applications in sizing and finishing processes across the textile industry, shifting inclination toward specialty and customized waxes, and emerging healthcare and medical applications, are also expected to fuel the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Mineral Wax
Synthetic Wax
Natural Wax
Others

Form Insights:

Flakes
Granules
Powder
Others

Application Insights:

Candles
Cosmetics
Packaging
Emulsions
Hot Melts
Floor Polishes
Others

Breakup by Region:

North India
South India
East India
West India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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Yoga Clothing Market 2023 | Industry Share, Trends and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Yoga Clothing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global yoga clothing market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the yoga clothing market?

The global yoga clothing market size reached US$ 24.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 39.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.

What is yoga clothing?

Yoga clothing refers to specialized apparel designed specifically for practicing yoga. It is crafted to provide comfort, freedom of movement, and functionality during yoga sessions. It is distinct from regular activewear or casual clothing due to its unique features tailored to support the various poses and movements involved in yoga practice. It is typically made from soft and breathable materials like cotton, bamboo, or moisture-wicking synthetic fabrics. These fabrics ensure that practitioners stay comfortable and dry throughout their yoga sessions, as sweating is common during yoga practice. Yoga clothing comes in a variety of styles and options to cater to different preferences and needs. Common yoga clothing items include yoga pants, leggings, yoga tops, tank tops, sports bras, shorts, and jackets. Many brands also offer sustainable and eco-friendly yoga clothing options, aligning with the increasing focus on sustainability in the fashion industry.

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What are the growth prospects and trends in the yoga clothing industry?

The global yoga clothing market is experiencing significant growth, driven by the growing awareness of the health and wellness benefits associated with practicing yoga. As individuals become more health-conscious and actively adopt yoga as part of their daily routine, the demand for specialized clothing that facilitates ease of movement and flexibility during yoga sessions has risen. This demand has led to a surge in innovative fabric technologies and designs tailored to meet the specific needs of yoga practitioners, further fueling the market’s growth. Furthermore, the increasing focus on athleisure wear has had a positive impact on the yoga clothing market. Consumers are now seeking versatile apparel that can seamlessly transition from workout sessions to everyday activities, emphasizing both comfort and style. As a result, yoga clothing manufacturers are exploring fashionable designs that merge performance features with trendy aesthetics, catering to the preferences of the modern consumer. Moreover, sustainability and eco-consciousness are also driving forces influencing the market’s expansion. A growing number of consumers are gravitating towards eco-friendly and ethically produced yoga clothing options. This trend has prompted manufacturers to adopt sustainable practices, such as using organic materials, recycled fabrics, and eco-friendly dyes, to appeal to environmentally conscious customers. As sustainability continues to be a focal point for consumers across various industries, the yoga clothing market’s alignment with eco-friendly initiatives is garnering positive attention and contributing to its growth. Additionally, the rise of e-commerce and online retail platforms has significantly impacted the accessibility and global reach of yoga clothing brands. Consumers now have the convenience of exploring a wide array of products from different manufacturers, making informed choices, and purchasing yoga apparel from the comfort of their homes. This enhanced accessibility has expanded the market’s customer base and widened its geographical scope, fostering increased market penetration.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

Top Wear
Bottom Wear

Breakup by End User:

Men
Women

Breakup by Distribution Channel:

Supermarkets/Hypermarkets
Specialty Stores
E-Commerce
Others

Breakup by Region:

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

Who are the key players operating in the industry?

The report covers the major market players including:

Adidas AG
Alo LLC (Color Image Inc.)
ASICS Corporation
Athleta LLC (Gap Inc.)
Green Apple Active
Hanesbrands Inc.
Hugger Mugger
Lululemon Athletica
Manduka
Nike Inc.
Prana (Columbia Sportwear)
Puma SE (Artemis S.A.)
Under Armour Inc.

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Musical Instrument Market 2023 | Industry Size, Share and Forecast 2028

According to the latest report by IMARC Group, titled, “Musical Instrument Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global musical instrument market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the musical instrument market?

Report Attributes	Details
Market Size in 2022	US$ 13.85 Billion
Market Forecast in 2028	US$ 16.88 Billion
Growth rate (2023 to 2028)	CAGR of 3.23%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is musical instrument?

A musical instrument encompasses a wide range of objects, including violin, guitar, cello, harp, veena, sitar, viola, mandolin, etc. It is usually categorized based on various sound production methods, such as percussion, string, keyboard, wind, electronic, etc. Engaging with musical instruments increases cognitive growth through the development of complex rhythmic, tonal, and practical skills. They even sharpen concentration, foster social skills, and promote self-expression among artists. Musical instruments are mostly used for entertainment purposes at concerts, accompanying dancers, and during work or rituals. They are also utilized in music therapy for children with autism, depression, and other disorders.

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What are the growth prospects and trends in the musical instrument industry?

The musical instrument market is primarily driven by the growing product requirement in educational institutions, such as schools, colleges, universities, etc., across the globe. Moreover, the elevating focus of leading manufacturers on employing advanced technologies to develop objects that enhance playability and offer improved volume control is acting as another significant growth-inducing factor. Apart from this, the rising availability of musical instruments through both online and offline distribution channels and the increasing consumer inclination towards customized electronic guitars and pianos, which can be tailored in terms of shape, size, design, the option of premium exotic and traditional hardwoods, etc., are also positively influencing the market growth. Additionally, the escalating prevalence of live musical performances and concerts is bolstering the market growth. Besides this, the inflating need for digital product variants that offer easier playability as compared to their traditional counterparts and the expanding community of music enthusiasts are expected to catalyze the musical instrument market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Instrument Type Insights:

Stringed Instruments
- Guitar
- Violin
- Cello
- Others
Percussion Instruments
- Drum Set
- Tabla
- Cajon
- Others
Wind Instruments
- Saxophone
- Flute
- Harmonica
- Others
Keyboard Instruments
- Piano
- Accordion
- Keyboards
- Others
Digital Instruments
Others

Price Range Insights:

Premium
Mid-Range
Budget

Distribution Channel Insights:

Supermarkets and Hypermarkets
Musical Stores
Specialty Stores
Online Stores

Breakup by Region:

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

Who are the key players operating in the industry?

The report covers the major market players including:

F. Martin & Co. Inc.
Casio India Co. Pvt. Ltd.
Cort Guitars
D’addario & Company
Eastman Music Company
Fender Musical Instruments Corporation (Servco Pacific Inc.)
Gibson Brands Inc.
Kawai Musical Instruments Mfg. Co.
Roland Corporation, Steinway & Sons (Paulson & Co. Inc.)
Yamaha Corporation
Yanagisawa Wind Instruments Co. Ltd., etc.

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Packaging Tapes Market 2023 | Industry Size, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Packaging Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global packaging tapes market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the packaging tapes market?

Report Attributes	Details
Market Size in 2022	US$ 75.1 Billion
Market Forecast in 2028	US$ 98.1 Billion
Growth rate (2023 to 2028)	CAGR of 4.50%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is packaging tapes?

Packaging tapes are essential for ensuring the safe and secure transportation of goods and products. They can be manufactured from several materials that are designed to adhere to surfaces and provide reliable sealing. The production process of packaging tapes generally involves the use of polypropylene or polyester, which offers the structural integrity of tapes. They are commonly available in numerous lengths, widths, and thicknesses to accommodate a wide array of packaging requirements. These tapes come in various colors, thereby allowing for easy identification and categorization of packages. They are also compatible with automated or manual packaging processes, which in turn, make them suitable for both large-scale industrial and small-scale applications. Presently, some of the common types of product variants available in the market include water-activated, pressure-sensitive, and filament tapes.

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What are the growth prospects and trends in the packaging tapes industry?

The expanding manufacturing sector is primarily driving the packaging tapes market. Additionally, the rising number of online shopping activities is further bolstering the market growth. Besides this, the inflating need for secure and efficient packaging options to ensure the safety of products during transit is acting as another significant growth-inducing factor. Moreover, the widespread adoption of these tapes across the e-commerce, retail, and logistics industries, as they are versatile and cost-effective, is positively influencing the global market. Apart from this, the increasing consumer awareness towards sustainable packaging materials is also stimulating the market growth. Furthermore, continuous technological advancements by leading manufacturers to improve adhesive formulations are anticipated to fuel the packaging tapes market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Tape Type Insights:

Pressure-Sensitive Tape
Masking Tape
Duct Tape
Filament Tape
Others

Material Type Insights:

Plastic
Paper
Metal Foil

End Use Insights:

E-Commerce
Food and Beverages
Retail
Others

Breakup by Region:

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

Who are the key players operating in the industry?

The report covers the major market players including:

3M Company
ADH Tape
B Fuller company
Intertape Polymer Group Inc.
LORD Corporation (Parker Hannifin Corporation)
Nitto Denko Corporation
PPM Industries S.p.A.
Scapa Group Ltd. (Mativ Holdings, Inc)
Shurtape Technologies LLC
Tesa SE Group (Beiersdorf AG), etc.

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Lacrosse Equipment Market 2023 | Industry Size, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Lacrosse Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global lacrosse equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the lacrosse equipment market?

Report Attributes	Details
Market Size in 2022	US$ 293.4 Million
Market Forecast in 2028	US$ 423 Million
Growth rate (2023 to 2028)	CAGR of 6.50%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is lacrosse equipment?

Lacrosse represents a sport that is usually played with small rubber balls and long-handled sticks. The game requires players to exhibit agility, skill, and strategic thinking. Lacrosse equipment include a crosse. It is composed of a head and a handle and is commonly available in several lengths, thereby allowing players to choose a stick that suits their style of play. The head of the crosse comprises a pocket formed by interwoven strings that cradle the ball during play. This pocket enables players to carry, catch, and pass the ball with precision. Lacrosse equipment also consist of essential safety gear, such as helmets, gloves, shoulder pads, arm guards, rib protectors, etc. They safeguard the upper body and reduce the risk of injury during physical encounters.

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What are the growth prospects and trends in the lacrosse equipment industry?

The increasing number of endorsement deals, professional players, and brand sponsorships is primarily driving the lacrosse equipment market. Additionally, the easy availability of media coverage via traditional and digital platforms is further bolstering the market growth. Besides this, the growing popularity of lacrosse leagues, clubs, and tournaments is acting as another significant growth-inducing factor. Moreover, leading manufacturers are focusing on innovation, product development, and customization, which is positively influencing the global market. Apart from this, the inflating expenditure capacities of individuals and the wide accessibility of lacrosse equipment through sporting goods retailers are also stimulating the market growth. Furthermore, the rising investments in grassroots development programs by government bodies across countries are anticipated to fuel the lacrosse equipment market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Protective Gears
Lacrosse Sticks
Lacrosse Balls
Accessories

Application Insights:

Male
Female

Distribution Channel Insights:

Sporting Goods Retailers
Department Stores, Hypermarkets and Supermarkets
Online Retail

Breakup by Region:

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

Who are the key players operating in the industry?

The report covers the major market players including:

CHAMPRO
ECD Lacrosse
Epoch Lacrosse
Maverik Lacrosse LLC
Nike Inc.
Pro Sports Equip
Savage X Lacrosse LLC
StringKing Inc
STX LLC
Warrior Sports Inc. (New Balance Athletics, Inc.), etc.

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Rainwear Market Size 2023 | Industry Share, Trends and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Rainwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global rainwear market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the rainwear market?

Report Attributes	Details
Market Size in 2022	US$ 3.67 Billion
Market Forecast in 2028	US$ 5.04 Billion
Growth rate (2023 to 2028)	CAGR of 5.12%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is rainwear?

Rainwear is clothing designed to protect individuals from weather conditions like rain or snow. Some commonly used rainwear includes jackets, pants, boots, and suits. It is manufactured from waterproof and water-resistant materials, such as nylon, polyester, and gore-tex, to prevent water penetration and keep the wearer dry. It is widely available in various designs, sizes, and patterns for men, women, and children. It is extensively used in areas prone to natural disasters like hurricanes and floods. At present, rainwear manufacturers are introducing eco-friendly and plant-based product variants made from recycled and biodegradable materials to attract a broader range of consumers across the globe.

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What are the growth prospects and trends in the rainwear industry?

The global rainwear market is primarily driven by the increasing usage of rainwear in regions with high rainfall and snowfall to keep individuals dry during wet weather conditions. Moreover, the emerging trend of people engaging in outdoor and recreational activities such as hiking, trekking, mountaineering, and camping during changing climatic conditions has augmented product demand. Additionally, the introduction of disposable rainwear by key players for short-term use as a cost-effective solution with innovative designs and colors to expand their product portfolio has catalyzed market growth. Furthermore, the rising number of commuters who travel to work by foot, bike, or public transportation during seasonal changes is contributing to the market growth. Other factors, including significant expansion in the e-commerce industry, inflating consumer disposable incomes, and rapid urbanization, are also anticipated to propel the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

Jacket
Suits
Pants
Others

Material Insights:

Polyester Fabric
Nylon
Vinyl
Others

End User Insights:

Men
Women
Kids

Distribution Channel Insights:

Online
Offline

Breakup by Region:

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

Who are the key players operating in the industry?

The report covers the major market players including:

Arc’teryx (Anta Sports Products Limited)
Black Diamond Equipment
Carhartt Inc.
Columbia Sportswear Company
Ducktail Raincoats
Fjällräven International AB
Fox Umbrellas Ltd.
Helly Hansen AS
Patagonia Inc (Patagonia Works)
Prince Rainwear Pvt. Ltd.
The North Face (VF Corporation)
Wildcraft, etc.

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