Consumer Goods

  Water Dispenser Industry Overview The global water dispenser market size was valued at USD 2.48 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030. Product demand is being driven by factors such as portability, ease of use and installation, and low maintenance costs. Drinking water scarcity in several regions necessitates robust sources to meet the rising demand for safe drinking water, resulting in increased product sales and, as a result, market growth. The COVID-19 pandemic has brought about a seismic shift in consumers' attitudes toward wellness and health safety. The infrared sensor dispensing is gaining high traction as direct human contact is reduced. For instance, the Quench Q8 water dispenser operates on touchless sensor-activated dispensing to deliver instant hot and cold water. The versions which are economical and functional are expected to be highly preferred in the market in recent years. Ecommerce platform ve...

  Data Labeling Solution and Services Industry Overview The global  data labeling solution and services market  size is expected to reach USD 38.11 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 23.5% from 2021 to 2028. The rising popularity of data labeling solutions and services in the automotive industry, combined with autonomous vehicles that contain numerous sensors and networking systems that assist the computer driving the car, is propelling the growth of the market.   The market is driven by increased public awareness about digitalization, healthcare treatments, and technological advancements. The demand for data labeling is growing due to technology improvements in large enterprises from the industries such as automotive and healthcare. For example, Waymo LLC, Lyft, Inc., Zoox, and Toyota Research Institute have all used data labeling services provided by Scale AI, Inc., a digital st...

  North America And Australia Silica Industry Overview The  North America and Australia silica market  size is expected to reach USD 16.52 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.0% over the forecast period. The market growth is attributed to the rising product demand in various applications including oil & gas, rubber, foundry, glass,  agrochemicals , and others. Commercial silica sand obtained through mining mainly finds use in oil & gas, glass, and foundry sand.  Specialty silica  is extracted through wet and thermal processes and includes precipitated, fumed, and colloidal silica along with  silica gel  and fused gel. These products undergo different processes and find applications in rubber, agrochemicals,  oral care , food, desiccants, paints & coatings, and other applications. Based on application, the market is segmented into oil & gas, glass, foundry, rubber...

  Europe Molded Pulp Packaging Industry Overview The  Europe molded pulp packaging market  size is expected to reach USD 1.43 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.6% from 2020 to 2028. Rising usage of molded fiber for the packaging of eggs and fruits in Europe is expected to fuel the growth of the market. The European Union (EU) is amongst the top four egg-producing regions globally. As per the European Commission, the overall egg production in the region was 6,313 thousand tons in 2020. Whereas, according to International Egg Commission, the average egg consumption in the European Union is 210 eggs per person per year. These factors are expected to fuel the demand for  molded pulp packaging  in the region.   The EU is focusing on banning the use of single-use plastic products, along with foam, in a variety of  food packaging  and foodservice applications and electronics...

  Pressure Relief Mattress Industry Overview The global  pressure relief mattress market  size is expected to reach USD 2.45 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.0% from 2021 to 2028. The global market is predominantly driven by the increasing orthopedic diseases, increasing prevalence of obesity among children, growing geriatric population, and increasing awareness regarding the prevention of pressure injuries. According to the U.S. Department of Health & Human Services, in 2017-2018, the prevalence of childhood obesity was recorded over 19% in the U.S. A pressure relief mattress has materials such as foam, air, gel, or water inside it to distribute the pressure or load of an individual. These  mattresses  provide comfort and play a vital role in the treatment and prevention of pressure injuries. The increasing prevalence of ulcer and orthopedic diseases across the globe has a sign...

  Asia Pacific Prebiotics Industry Overview Asia Pacific prebiotics market  size is expected to reach USD 4.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.6% from 2020 to 2028. Increasing gastrointestinal tract diseases like irritable bowel syndrome, have raised concerns about gut health which is likely to augment the growth of the prebiotics market in Asia Pacific. Consumers have started consuming foods such as yogurt, apples, whole grains, and miso, that aid in improving digestion by increasing the good bacteria in the gut, along with reducing constipation. Thus, the incorporation of functional ingredients such as carotenoids, prebiotics and probiotics, fatty acids,  dietary fibers , vitamins, and minerals, is likely to increase, which, in turn, is projected to benefit market growth. Prebiotics stimulate the growth of healthy bacteria like lactobacilli in the gut and enhance pathogen resist...

  Foot Mask Industry Overview The global  foot mask market  size is expected to reach USD 679.6 million by 2028, registering a CAGR of 5.5% over the forecast period, according to a new report by Grand View Research, Inc. The availability of e-commerce retail channels has allowed consumers to browse through a plethora of several brands without having to visit offline stores. Key players in the industry are adopting the digital route to advertise their products. Social media channels, such as Instagram and TikTok, influence consumers’ purchasing decisions as these channels provide reviews and help in educating consumers. The pandemic has increased consumer engagement through the use of social media and beauty retail channels. The rising demand for body wash, masks, and other exfoliation products has compelled companies to launch DIY skincare kits and subscription boxes. In addition, the pandemic has resulted in an increased demand for products, such as foot creams & mas...

  Baby Powder Industry Overview The global  baby powder market  size is expected to reach USD 1.69 billion by 2028, registering a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc. Asian countries are witnessing stable demand for baby care products. Countries, such as India, Cambodia, and Malaysia have high birth rates. Also, a rise in the number of pregnancies during the lockdown has increased the demand for  baby care products  in the region. The rising demand for  e-commerce  channels is shifting consumer preference towards the purchase of personal care products. E-commerce channels allow price-sensitive consumers to compare prices online and find the ideal deal. For instance, during the pandemic, in India, MyGlamm Brand launched 80 products under the baby chakra brand. The growing popularity of e-commerce channels has shifted the market dynamics across several regions. Several manufacturers are utilizing t...

  Europe Carbon Capture Utilization Industry Overview The  Europe carbon capture utilization market  size is expected to reach USD 3,985.4 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.4% from 2020 to 2028. Increasing applications of CCU in the enhanced oil recovery (EOR) in the oil and gas segment are expected to contribute to the growth of the market. Further, the food and beverages, chemicals, cement, and other industries are anticipated to be the major application segments that are expected to contribute to the growth of the market over the forecast period. Industrial emerged as the largest market share in 2020 in terms of value for application segment as it is used in the industries such as cement, chemicals, power,  steel , food, and beverages to capture carbon and utilize it for a better purpose. In terms of value, cement in the industrial application segment emerged as the la...