Global Trading Report

The global  disposable face masks market  size is expected to reach USD 2.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of -27.6% from 2022 to 2030. Globally spread COVID-19 pandemic, rapid industrialization, rising pollution levels, and growing awareness among users regarding health protection are expected to propel the need for disposable face protectors over the projected period. Asia Pacific is expected to remain one of the prominent regional markets owing to the growing industrial sector in emerging economies including China and India. Disposable Face Masks Market Segmentation Grand View Research has segmented the global disposable face masks market on the basis of product, application, distribution channel, and region: Based on the product Insights, the market is segmented into Protective, Dust, and Non-woven. The protective mask segment dominated the disposable face masks market and accounted for the...

The  Europe MRO distribution market  size is expected to reach USD 259.16 billion by 2030, registering a CAGR of 2.8%, according to a new report by Grand View Research, Inc. The rise in scheduled maintenance and increasing investments in repair operations are expected to ascend the market growth over the forecast period. Europe MRO Distribution Market Segmentation Grand View Research has segmented the Europe MRO distribution market on the basis of product, sourcing/service type, maintenance type, application, distribution channel and country: Based on the product Insights, the market is segmented into Bearings & Power Transmission, Pipes, Valves & Fittings, Electrical Items, Packaging Supplies, and Machine Consumables. These consumables include wires, machine oils, fluids, rotators, shafts, general machine spare parts, cutting devices, and fasteners among others. Rising demand for durable and sophisticated  bearings  is anticipated to drive this product segme...

The global  automotive wrap films market  size is expected to reach USD 28.89 billion by 2030, registering a CAGR of 22.2%, according to a new report by Grand View Research, Inc. The rising global population and the increasing disposable income are expected to have a positive impact on the demand for automotive wrap films over the forecast period. Automotive plastic wrap films are used for advertising, brand marketing, and the personalization of trucks, buses, and passenger cars. The flourishing global sign & graphics industry owing to the increasing demand for mobile  advertising  is expected to drive the application of these films. The lower cost of automotive wrap films than vehicle paints is also fueling the growth of the market. Mobile advertising has emerged as an affordable and effective means of advertising over the past few years. Using automotive wrap films allows conversion of any vehicle including car, bus, and truck into a moving billboard, thus faci...

The global  digital marketing software market  size is expected to reach USD 264.15 billion by 2030, registering a CAGR of 19.1% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The market has been evolving continuously in line with the advancements in technology and the changing needs of the incumbents of various end-use industries and industry verticals, especially small and medium enterprises. Furthermore, the unabated transition from desktops to smart phones as the rapid increase in the number of Smartphone users would expose more individuals to online ads is anticipated to drive the market growth. Digital Marketing Software Market Segmentation Grand View Research has segmented the global digital marketing software market based on solution, service, deployment, enterprise size, end-use, and region: Based on the Solution Insights, the market is segmented into CRM Software, Email Marketing, Social Media, Search Marketing, Content Management,...

The global  leisure boat market  size is expected to reach USD 64.08 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.73% from 2022 to 2030. The increasing popularity of marine and coastal tourism, coupled with the growing inclination toward yachting as a recreational activity, is a primary factor driving the market. Although the ongoing Covid-19 pandemic has proved to be a major hindrance for the market, the gradual re-opening of the economies and upliftment of restrictions are paving the way to bring the market back on track. Besides, the growing urge among the masses to involve in leisure activities in the post-lockdown period further presents bright opportunities for the market over the forecast period. The tourism industry has changed drastically over the last few years with the increasing popularity of marine and coastal tourism activities. The world economy is witnessing healthy growth and markets, such as t...

The global  biosensors market  size is anticipated to reach USD 49.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.0% from 2022 to 2030. The primary driving reasons for market growth are many applications in the medical/healthcare sector, increased demand in the bioprocessing industry, and the rapid technological advancements in the drug screens area due to the COVID-19 pandemic. Furthermore, due to the COVID-19 outbreak, the biosensor industry has experienced rapid expansion in recent years due to the expanding number of hospitals around the world which will result in high adoption of biosensors because they are cost-effective and time-saving, which are driving the biosensor market. Biosensors Market Segmentation Grand View Research has segmented the global biosensors market on the basis of technology, application, end-user, and region: Based on the Technology Insights,  the market is segmented int...

The global  bio-succinic acid market  size is expected to reach USD 272.4 million by 2030, as per a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.6% from 2022 to 2030. The growth is attributed to the rising demand for bio-succinic acid in several end-use industries such as food and beverages, pharmaceuticals, and personal care and cosmetics. The growing demand in multiple industries is due to the increase in awareness regarding the availability of substitutes in the market against various harmful chemical substances. The growing utilization of bio-succinic acid in several applications such as BDO, resins, and polyurethanes is also expected to drive the product demand in the near future. Additionally, the growing population and ongoing urbanization and industrialization have led the government of emerging economies to increase their manufacturing expenses to cater to the rising demand for bio-succinic acid. Bio-succinic Acid Market Segmentatio...

The global  medical device testing services market  is expected to reach USD 22.8 billion by 2030, registering a CAGR of 11.3% during the forecast period, according to a new report by Grand View Research, Inc. increasing complexity in product design and stringent government regulations are driving demand for the medical device testing services. The COVID-19 pandemic has created an unprecedented demand for medical device testing services in 2020, and the trend was expected to continue in 2021. The majority of medical equipment being tested is Personal Protective Equipment (PPE). A significant rise in preclinical spending is a recent trend among pharmaceutical and medical device companies, which is expected to significantly contribute to market growth. As per the survey carried out by the International Federation of Pharmaceutical Manufacturers & Associations in 2017, around USD 149.8 billion is spent on preclinical trials, every year. Medical Device Testing Services Market ...

The global  home bedding market  size is expected to reach USD 172.36 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.9% from 2022 to 2030. The market is driven by the rising use of adjustable beds, which has resulted in the lockdown induced by Covid-19 as a means of properly adjusting the work-from-home lifestyle. This tendency has boosted the market growth by increasing the prevalence of customizable mattresses and bed linens. Increased residential expansion across areas, indicating increased house construction and building permits, is expected to revamp market demand. According to the Federal Statistical Office (Destatis), the construction of a total of 32,500 dwellings was permitted in Germany in November 2020. Compared with the corresponding period of 2019, this is an increase of 8.9% or 2,700 dwellings. However, the industry also faces significant instances of uncertainties projected by the International Sle...

The global  diabetes devices market  size is expected to reach USD 54.16 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 8.2% from 2022 to 2030. The market is primarily driven by factors such as the increasing incidence of diabetes, coupled with technological advancements and innovative product launches. Rising adoption of advanced diabetes management solutions in developing regions, government policies, and rising medical tourism are some of the major factors contributing to the market growth. Furthermore, the rising government initiative to spread diabetes awareness and increasing R&D expenditure of major market players are the factors expected to ensure long-term market growth. According to the NCBI report, global health expenditure on diabetes is expected to reach USD 490 billion in 2030 from 376 billion in 2010. Diabetes Devices Market Segmentation Grand View Research has segmented the global diabetes devices market based...