Monday, 29 February 2016

Breast Pump Market Analysis-Size, Share, Growth, Trends and Forecasts To 2020: Grand View Research



The global Breast Pump Market is expected to reach USD 1.20 billion by 2020, according to a new report by Grand View Research, Inc. Increasing awareness about breast feeding and the need to supply mother’s milk for a period 6 months to 1 year after child birth is a key driver for the market growth. Growing global population and rising birth rates in emerging and underdeveloped economies with large untapped opportunities are clear indicators of a constantly widening consumer base for breast pumps over forecast period. 


Working women, who are lactating mothers, are under stress due to the fact that they need to return to work place within weeks after the child’s delivery, and at the same time they also need to ensure that the child is breast fed to grow as a healthy child. These breast pumps which enable mother’s to retrieve and store the breast milk are an ideal solution, as they can manage their both professional and personal life. Furthermore, these breast pumps also address the needs of lactating women in hospitals, home care and other lactating centers. 


Additionally, various government initiatives to promote breast feeding and improve the healthcare outcomes are expected drive market growth. In the U.S., the Affordable Care Act has certain provisions which provide reimbursement for acquiring a breast pump and also covers the consultation charges. 


On the basis of product, the market is segmented as open system and closed system. In 2013 closed breast pump system held the maximum share of nearly 82%. The closed devices are highly utilized as these devices provide better safety to the child, eliminate impurities and prevent the milk contamination. 


The market is segmented on the basis of technology as, battery powered breast pump electric breast pump and manual breast pump. The battery powered breast pumps accounted for the maximum share of more than 55% in 2013. The battery powered breast pumps are highly preferred by women who extract milk several times a day and store it for a longer duration.




Further key findings from the study suggest:


  • In 2013, North America was the largest market with more than 63% share in global Breast Pump Market. Key reasons attributed are high awareness levels, large women working population and strong encouragement from various stake holders to increase the breast feeding coverage and improve the pediatric healthcare.

  • However, Asia Pacific is expected to be the fastest growing market owing to high economic development, rising disposable incomes and high unmet needs. The developing countries of Asia Pacific region are expected to increase the public and private healthcare expenditure, and also implement various UNICEF and WHO programmes for breast feeding thus boosting market growth.


  • Key market players include, Buettner-Frank GmbH Ltd., Energizer Holdings Inc., Ameda Breastfeeding Solutions, Whittlestone Inc., Linco Baby Merchandise Work's Co.Ltd, Medela,Inc., Bailey Guangzhou Happy Baby Products Medical Engineering, Philips AVENT, Hygeia Medical Group II, and Lansinoh Laboratories, Inc. Furthermore, entry of new players with technologically advanced products is expected to propel usage rates over the forecast period.



About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information, Visit Grand View Research

Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com

Magnesium Oxide Nanoparticle Market Analysis-Size, Share, Growth, Trends and Forecasts To 2020: Grand View Research



Global magnesium oxide nanoparticle market is expected to reach USD 42.3 million by 2020, according to a new study by Grand View Research, Inc. Magnesium oxide nanoparticles are used as fuel additives to enhance fuel efficiency and maintain engine health and performance. Increasing demand from fuel industry owing to increasing consumer awareness regarding high performance fuels in order to prolong vehicle operating life is expected to drive market demand over the forecast period.


Furnace lining was the largest application market for magnesium oxide nanoparticles with demand estimated at over 60 tons in 2013, owing to favorable properties including large surface area, high purity and hardness. Nanoparticles are also used in the construction and ceramic industry due to insulating and anti-bacterial properties, with estimated market revenue of over USD 4.0 million in 2013, growing at a CAGR of 9.1% from 2014 to 2020.

 


Further key findings from the study suggest:

  • Global magnesium oxide nanoparticle market demand was 111.3 tons in 2013 and is expected to reach 185.5 tons by 2020, growing at a CAGR of 7.6% from 2014 to 2020.

  • Aerospace applications are expected to be the fastest growing market segment, at a CAGR of over 9.0% from 2014 to 2020. The aerospace industry is expected to witness major growth over the next six years owing to increased service providers and launch of new low cost airlines. This is expected to result in increased demand for new airlines which may have a positive impact on the demand for magnesium oxide nanoparticle market.


  • Asia Pacific was the largest regional market with demand estimated at 8.0 tons in 2013 and is expected to grow at a CAGR of 7.8% from 2014 to 2020. The region is expected to witness growth owing to existence of end-use industries including electronics, steel, cement, refinery and aerospace in India, China, Japan and Korea.

  • China has a large number of domestic magnesium oxide nanopowder manufactures, offering products at prices lower than the global average. Some of the major companies in the market include Reinste Nano Ventures, Skyspring Nanomaterials, Nanoscale Corporation, Sigma Aldrich and American Elements.




About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information, Visit Grand View Research

Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com

Personal Care Packaging Market Analysis-Size, Share, Growth, Trends and Forecasts To 2022: Grand View Research



The global personal care packaging market is expected to reach USD 37.25 billion by 2022, according to a new report by Grand View Research, Inc. Rising consumption of cosmetic and beauty products along with advancements in packaging technology is expected to drive the global over the next seven years. In addition, changing lifestyle along with rapid urbanization is expected to stimulate industry growth. Growing demand for flexible packaging owing to its lightweight property as well as high durability in China, India and Brazil is expected to propel growth over the forecast period. 


Rigid plastics accounted for over 35.0% of the global revenue and are expected to witness significant gains over the next seven years as they are non-corrosive, light, and cheap. Increasing demand for rigid plastics in hair care and skin care applications owing to its superior properties of high impact strength, high stiffness, and high barrier properties will drive industry.

 


Further key findings from the report suggest:

  • Fragrances are expected to witness growth at a CAGR of 6.3% from 2015 to 2022 on account of its growing demand in perfumes, deodorants, soaps, body washes and moisturizers. Large manufacturing base of perfume industry coupled with growing domestic demand in U.S., Germany, India, Saudi Arabia, China, Mexico, France and UK is expected to drive market growth. Rising disposable income coupled with increasing penetration of players such as P&G and RB through new product launches in China and India is expected to promote fragrances industry growth, thereby.

  • North America accounted for 23.4% of the global market share and is expected to grow in light of robust manufacturing of cosmetic manufactures such as Unilever, Johnson & Johnson and Procter & Gamble in the U.S. In addition, demand for paper and bio-based flexible packaging will rise on account of raw material availability along with strict government regulations on metal cans and glass packaging.


  • Latin America personal care product market was valued at USD 1.29 billion and is expected to witness lucrative growth over the forecast period as a result of increasing expenditure on beauty products and cosmetics in Brazil. In addition, effective marketing strategies by companies including advertising campaigns, rising disposable income levels along with high demand for perfumes will spur packaging sector.

  • Pouches will witness significant rise over the next seven years on account of ease of use and superior properties including chemical resistance and high barrier ability. Growing demand for stand-up pouches, owing to their lightweight property, excellent barrier properties, ease of decoration, and flexibility of size. The segment is anticipated to generate revenues exceeding USD 1.60 billion by 2022.


  • Personal care packaging market is fragmented in nature with major key participants including Amcor, Mondi plc, Bemis Company, Sonoco and Ardagh Group accounting for over 30% of the global share in 2014. Introduction of bioplastic packaging for cosmetics in order to reduce pollution is expected to spur industry. In addition, advancements in glass packaging to reduce glass bottles weight by 50%, thereby reducing energy required to produce and transport them will promote growth.




About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information, Visit Grand View Research

Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com