Online Grocery Market, Industry Size, Growth | Forecast 2023-28

IMARC Group, a leading market research company, has recently releases report titled “Online Grocery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global online grocery 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 online grocery market?

The global online grocery market size reached US$ 420 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,160.3 Billion by 2028, exhibiting a growth rate (CAGR) of 30.8% during 2023-2028.

What is online grocery?

Online grocery shopping is a convenient method of purchasing food and household necessities due to its convenience. Consumers can easily place orders through mobile applications or commerce-based websites and schedule home deliveries from local stores or third-party e-retailers. They can browse various products, place orders, and choose from multiple payment methods, including debit or credit cards, cash-on-delivery, and net banking, with flexible return and exchange policies. Since it allows 24/7 access and enhances the ease and convenience of shopping for a broad range of grocery products, online grocery shopping is gaining immense traction across the globe.

What are the growth prospects and trends in the online grocery industry?

The global online grocery market is primarily driven by the rising adoption of online grocery shopping due to busy lifestyles and hectic working schedules. Moreover, the shifting consumer preferences toward hassle-free and smooth shopping experiences are positively influencing the market growth. Additionally, the escalating demand for convenient, time-saving, and cost-effective grocery solutions is another major growth-inducing factor. Besides this, the integration of voice ordering features with AI, big data, and IoT technologies in online grocery apps or websites has catalyzed market growth. Furthermore, the increasing number of online grocery suppliers offering slotted or express delivery options is contributing to the market growth. Other factors, including significant expansion in the e-commerce industry, rising penetration of high-speed internet connectivity, and rapid digitization, are also anticipated to drive the market further.

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What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

  • Vegetables and Fruits
  • Dairy Products
  • Staples and Cooking Essentials
  • Snacks
  • Meat and Seafood
  • Others

Business Model Insights:

  • Pure Marketplace
  • Hybrid Marketplace
  • Others

Platform Insights:

  • Web-Based
  • App-Based

Purchase Type Insights:

  • One-Time
  • Subscription

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Amazon.com, Inc.
  • Carrefour
  • Costco Wholesale Corporation
  • Edeka Group
  • HappyFresh
  • Koninklijke Ahold Delhaize N.V.
  • Reliance Retail Limited (Reliance Industries Limited)
  • Safeway Inc. (Albertsons Companies, Inc.)
  • Schwan’s Home Delivery
  • ShopFoodEx
  • Tesco PLC
  • The Kroger Co.
  • Walmart Inc.
  • Wm Morrison Supermarkets Limited

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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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 Group’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.

Contact US

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134 N 4th St. Brooklyn, NY 11249, USA

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Europe Ceiling Fan Market 2023-28 | Size, Share, Growth Report

IMARC Group, a leading market research company, has recently releases report titled “Europe Ceiling Fan Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the Europe ceiling fan 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 Europe ceiling fan market?

The Europe ceiling fan market size reached 35.5 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 41.8 Million Units by 2028, exhibiting a growth rate (CAGR) of 2.85% during 2023-2028.

What is a ceiling fan?

Ceiling fans are mechanical devices that are suspended from the ceiling of a room to circulate air. They consist of a motor, motor housing, mounting mechanism, fan blades, flywheel, fan blade brackets, lamps, pull cord, down rod, switch housing, and rotating paddles that rotate clockwise to produce destratification or cooling effect in an enclosed space. They are available in various colors and a range of design choices. They also provide several benefits, such as versatile and diversified styles, longer operational life, improved air circulation, small space requirements, easy installation, minimized energy cost, and reduced load on heating, ventilating, and air conditioning (HVAC) systems. As a result, ceiling fans are gaining popularity in commercial, industrial, and residential spaces across Europe.

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What are the growth prospects and trends in the European ceiling fan industry?

The market is primarily driven by the growing inclination toward convenient and sustainable residential products and the changing lifestyles of consumers. In addition, the rising popularity of interior designing and luxury and fancy ceiling fans for aesthetic appeal are contributing to the market growth. Moreover, the escalating demand for premium-quality decorative fans, such as rustic, contemporary, black, and fancy ceiling fans, is positively influencing the market growth. Besides this, the widespread adoption of smart household appliances, such as the internet of things (IoT), enabled ceiling fans that can be monitored and operated through internet connectivity, Alexa, Google Assistant, and Bluetooth, represents another major growth-inducing factor. Moreover, the introduction of advanced features, including high ventilation, energy saving, microorganism-free air, and humidity control, is also accelerating the product adoption rate. Apart from this, the expanding e-commerce industry and the easy product accessibility via several distribution channels are providing a thrust to the market growth. Furthermore, the increasing environmental concerns and the introduction of favorable government initiatives to promote the usage of energy-efficient products are anticipated to propel market growth across Europe.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

  • Standard Fan
  • Decorative Fan
  • High Speed Fan
  • Energy Saving Fan
  • Others

Breakup by Fan Size:

  • Small
  • Medium
  • Large

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by End Use:

  • Residential
  • Commercial
  • Industrial

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

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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 Group’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.

Contact US

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Archery Equipment Market Size | Industry Report 2023-28

IMARC Group, a leading market research company, has recently releases report titled “Archery Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the archery 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 archery equipment market?

The global archery equipment market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.

What is archery equipment?

Archery equipment refers to the tools, accessories, and gear used in the practice of archery. It includes various items essential for shooting arrows accurately and safely. The primary component of archery equipment is the bow, which can be traditional (longbow or recurve bow) or modern (compound bow). Other essential equipment includes arrows, which are shot from the bow, and a bowstring to propel the arrows. Archery accessories encompass items like arrow rests, sights, stabilizers, release aids, quivers, and protective gear such as arm guards and finger tabs. Each piece of archery equipment plays a crucial role in enhancing accuracy, performance, and safety for archers of different skill levels.

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

The archery equipment industry showcases promising growth prospects and evolving trends. Firstly, the increasing popularity of archery as a recreational activity and a competitive sport drives the demand for archery equipment. Growing participation in archery clubs, events, and tournaments contributes to the industry’s growth. Secondly, advancements in technology have led to the development of innovative and high-performance archery equipment, such as compound bows with improved accuracy and adjustable features. Thirdly, there is a rising trend towards customization and personalization in archery equipment, allowing users to tailor their bows and accessories to their preferences and shooting style.

Additionally, the growing interest in traditional and historical archery techniques has resulted in a demand for traditional bows and traditional archery accessories. The incorporation of sustainable and eco-friendly materials in manufacturing archery equipment also aligns with the trend towards environmental consciousness. Overall, these factors indicate positive growth and evolving trends within the archery equipment industry.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

  • Bows and Bow Accessories
  • Arrows
  • Others

Breakup by End User:

  • Individual Consumer
  • Clubs and Gaming Zones
  • Sports Organizers

Breakup by Distribution Channel:

  • Speciality and Sports Shops
  • Departmental and Discount Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Bear Archery, Inc.
  • Crossman Corporation
  • Easton Technical Products, Inc.
  • Gold Tip LLC
  • Mathews Archery, Inc.
  • New Archery Products, Inc.
  • Precision Shooting Equipment, Inc.
  • The Outdoor Group LLC
  • The Bohning Company

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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

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Global Online Grocery Market Size & Share Report 2023-2028

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

What is online grocery?

Online grocery shopping is a convenient method of purchasing food and household necessities due to its convenience. Consumers can easily place orders through mobile applications or commerce-based websites and schedule home deliveries from local stores or third-party e-retailers. They can browse various products, place orders, and choose from multiple payment methods, including debit or credit cards, cash-on-delivery, and net banking, with flexible return and exchange policies. Since it allows 24/7 access and enhances the ease and convenience of shopping for a broad range of grocery products, online grocery shopping is gaining immense traction across the globe.

Report Highlights

How big is the online grocery market?

Report Attributes Details
Market Size in 2022 US$ 420 Billion
Market Forecast in 2028 US$ 2,160.3 Billion
Growth rate (2023 to 2028) CAGR of 30.8%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What are the growth prospects and trends in the online grocery industry?

The global online grocery market is primarily driven by the rising adoption of online grocery shopping due to busy lifestyles and hectic working schedules. Moreover, the shifting consumer preferences toward hassle-free and smooth shopping experiences are positively influencing the market growth. Additionally, the escalating demand for convenient, time-saving, and cost-effective grocery solutions is another major growth-inducing factor. Besides this, the integration of voice ordering features with AI, big data, and IoT technologies in online grocery apps or websites has catalyzed market growth. Furthermore, the increasing number of online grocery suppliers offering slotted or express delivery options is contributing to the market growth. Other factors, including significant expansion in the e-commerce industry, rising penetration of high-speed internet connectivity, and rapid digitization, are also anticipated to drive the market further.

Request for a free sample copy of this report: https://www.imarcgroup.com/online-grocery-market/requestsample

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

  • Vegetables and Fruits
  • Dairy Products
  • Staples and Cooking Essentials
  • Snacks
  • Meat and Seafood
  • Others

Business Model Insights:

  • Pure Marketplace
  • Hybrid Marketplace
  • Others

Platform Insights:

  • Web-Based
  • App-Based

Purchase Type Insights:

  • One-Time
  • Subscription

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Amazon.com Services LLC
  • Costco Wholesale Corporation
  • EDEKA ZENTRALE Stiftung & Co. KG
  • Fresh Direct, LLC
  • HappyFresh Group
  • Koninklijke Ahold Delhaize N.V.
  • Reliance Industries Limited (RIL)
  • Albertsons Companies, Inc.
  • Cygnus Home Service, LLC
  • Shopfoodex Co Inc.
  • Tesco PLC
  • The Kroger Co.
  • Walmart Inc.
  • Wm Morrison Supermarkets Limited

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2763&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

Hair Weave Market Size, Share | Growth 2023-2028

IMARC Group, a leading market research company, has recently releases report titledHair Weave Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028The study provides a detailed analysis of the industry, including the global hair weave 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 hair weave market?

The global hair weave market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

What is a hair weave?

A hair weave represents an artificial hairpiece attached to the natural hair of the wearer by fusing, gluing, interweaving, or blending. It can either be created from real human hair or can be produced synthetically by man-made blended fibers. A hair weave is of various types, such as fusion, clip, glue, sew, etc. It can aid in adding volume, texture, length, and color to the natural hair. In addition, a hair weave is also used in camouflaging baldness, hair thinning, and catering to several beauty and grooming needs. As a result, these hairpieces are extensively utilized by men and women across the globe.

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What are the growth prospects and trends in the hair weave industry?

The rising consumer consciousness towards physical appearance, the escalating need for camouflaging baldness, the high demand for non-surgical treatment of follicle loss, and the emergence of e-commerce platforms are among the primary factors driving the hair weave market. Besides this, the increased prevalence of stressful and hectic lifestyles is resulting in excessive falls, baldness, and thinning, which is further augmenting the market growth. Moreover, pre-mature baldness among young men and the changing consumer preferences towards hair weaves, on account of their high density, natural look, cost-effectiveness, and wide availability in the desired style, color, and texture, are also catalyzing the global market. Apart from this, the increasing consumer living standards and the inflating disposable income levels have boosted the per capita expense on personal grooming products, which are acting as significant growth-inducing factors. Additionally, the launch of newer and innovative product variants by the leading manufacturers is also stimulating the market growth. Furthermore, the growing acceptance of follicle extensions by global celebrities and the rising influence of beauty trends prevalent across social media platforms are anticipated to propel the hair weave market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Material:

  • Human Hair
  • Synthetic Hair

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by Gender:

  • Male
  • Female

Breakup by Texture:

  • Brazilian Hair
  • Malaysian Hair
  • Indian Hair
  • Peruvian Hair
  • Others

Breakup by Grade:

  • Non-Remy Hair
  • Remy Hair
  • Virgin Hair

Breakup by Region:

  • North America (U.S. Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East Africa

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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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 Groups 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 companys expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email:sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

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Global Body Armor Market Size, Industry Share | Trends 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Body Armor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global body armor 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 body armor market?

The global body armor market is expected to exhibit a growth rate (CAGR) of 5.1% during 2023-2028.

What is body armor?

Body armor refers to the protective clothing worn by soldiers to safeguard themselves against penetrative threats on the battlefield. It is produced from various materials, such as aramid, steel, aluminum oxide, silicon, boron carbide, etc. Body armor is also used by law enforcement personnel as safety equipment from assaults and attacks involving shell fragments, knives, and high-velocity bullets. The key market players utilize advanced synthetic fibers to develop flexible, lightweight, and covert products for better wearer protection. As a result, body armor finds widespread applications in the defense, military, and civil sectors.

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What are the growth prospects and trends in the body armor industry?

The escalating demand for modern, high-tech, and lightweight protective gear by the military forces in combat environments, on account of the increasing defense budgets by security agencies across the globe, is primarily driving the body armor market. Besides this, the introduction of high-performance and reduced-weight bodysuits using ultra-high molecular weight polyethylene (UHMWPE) is also augmenting the market growth. Moreover, the inflating need for ceramic-based body armors to protect the heart against high-velocity rifle ammunition and in mental healthcare facilities to improve the safety of the workers from patient violence and aggression is catalyzing the global market. Apart from this, the growing popularity of bodysuits to safeguard individuals during car accidents is acting as another significant growth-inducing factor. Furthermore, the rising number of customization services offered by the leading manufacturers which combine advanced engineering with high-quality materials to produce state-of-the-art protective gear is expected to bolster the body armor market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

  • Soft Armors
    • Plates and Inserts
    • Shields
  • Hard Armors
    • Plates and Inserts
    • Shields
  • Helmets
  • Others

Breakup by Type:

  • Covert
  • Overt

Breakup by Level:

  • Level II
  • Level IIA
  • Level III
  • Level IIIA
  • Level IV

Breakup by Material:

  • Steel
  • Ultra-High Molecular Weight Polyethylene (UHMWPE)
  • Aramid
  • Composite Ceramic
    • Aluminium Oxide
    • Boron Carbide
    • Silicon Carbide
    • Others
  • Others

Breakup by Application:

  • Military
  • Civil
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Armored Republic LLC.
  • BAE Systems Plc
  • Ballistic Body Armor Pty
  • Craig International Ballistics Pty. Ltd.
  • Hellweg International PTY Ltd.
  • Honeywell International Inc.
  • Kejo Limited Company
  • Pacific Safety Products Inc
  • Point Blank Enterprises Inc.
  • Safariland LLC. (Maui Acquisition Corp.)
  • The 3M Company and U.S. Armor Corporation

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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

 

Faucet Market Size, Share & Trends Report 2023-2028

According to the latest report by IMARC Group, titled “Faucet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, The global faucet market size reached US$ 26.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.85% during 2023-2028.

Faucet Industry Definition and Application:

A faucet is a fixture in plumbing that controls the flow of gas or liquid from a reservoir. Faucets are made of numerous materials, such as die-cast zinc, brass, steel, and chrome-plated plastic. They generally include components such as a cartridge, spout, handle, mixing chamber, aerator, and an inlet source. Some commonly known faucets include pull-down, bar, pot, pull-out, hands-free, and side spray faucets. They are installed in washrooms, kitchens, and areas with a steady water supply at regular intervals. They come in several colors, styles, materials, and finishes that can be customized to meet the specific needs of the user. As a result, faucets are widely applied in residential, industrial, and commercial sectors.

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Faucet Market Trends and Drivers:

The market is primarily driven by the expanding residential sector. In addition, the growing consumer inclination toward multi-functionality faucets that are also aesthetically pleasing is contributing to the market growth. Moreover, in the introduction of digital, touch-free, hybrid smart faucets equipped with efficiency sensors and temperature gauges represent another major growth-inducing factor. Besides this, the escalating demand for modern and luxurious renovated kitchen settings with faucets designed to provide cold, hot, and distilled water to ensure the use of appropriate temperatures for numerous kitchen purposes is providing a positive thrust to the market growth. Along with this, rapid urbanization, the significant expansion in commercial sectors such as hotels, hospitals, railways, and restaurants, and increasing investment in industrial sectors are propelling market growth. Furthermore, the changing lifestyles of consumers, rising disposable income, and key players promoting their products are also creating a favorable market outlook.

Faucet Market Segmentation:

The report has segmented the market on the basis on type, application, technology, materials, distribution channel and end user.

Breakup by Type:

  • One Hand Mixer
  • Two Hand Mixer
  • Others

Breakup by Application:

  • Bathroom
  • Kitchen
  • Others

Breakup by Technology:

  • Cartridge
  • Compression
  • Ceramic Disc
  • Ball

Breakup by Materials:

  • Metal
  • Plastics

Breakup by Distribution Channel:

  • Online
  • Offline

Breakup by End User:

  • Residential
  • Commercial
  • Industrial

Breakup by Region:

  • North America:( United States, Canada)
  • Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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Competitive Landscape:

  • American Standard Brands (Lixil Group)
  • Colston Bath
  • Delta Faucet Company (Masco Corporation)
  • Franke Holding AG (Artemis Holding AG)
  • Gerber Plumbing Fixtures LLC (Globe Union Group Inc.)
  • Grohe America Inc.
  • Jaquar
  • Kohler Co.
  • Moen Incorporated (Fortune Brands Home & Security Inc.)
  • Toto Ltd.
  • Villeroy & Boch Aktiengesellschaft.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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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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