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Sneakers Market Size by Global Major Companies Profile, and Key Regions 2032

As per newly released data by Future Market Insights (FMI), the Sneakers Market is estimated at USD 72,232 million in 2022 and is projected to reach USD 1, 39,876 million by 2032, at a CAGR of ~6.8% from 2022 to 2032.

One of the key factors fuelling the growth of the sneakers market is the spread of e-commerce sites around the world. Every age group is becoming more inclined toward stylish, branded, and high-fashion footwear, and the rise in disposable income is driving up demand for more inventive and comfortable footwear, which is accelerating market growth.

Increased consumer preference for online media due to its flexibility and population-wide rise in health and wellness concerns are other factors that are influencing the market. Additionally, the market for sneakers is benefited by population growth, swift fashion trends, internet and smartphone penetration, and people's bettering lifestyles. Additionally, the ease with which customised and cutting-edge features may be added to footwear creates lucrative prospects for market participants over the projection period of 2022 to 2032.

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On the other side, it is anticipated that the accessibility of locally produced, duplicated, or fake items will restrain market expansion. The COVID-19 epidemic is expected to complicate the raw material supply chain, which will pose a problem for the sneakers market.

“The demand for sneakers is rising in almost every part of the world. This type of footwear is preferred by people from every age group and is expected to grow at a rapid pace in the forecast period.” Says an FMI Analyst.

Impact of COVID-19 on the Market

The COVID-19 epidemic wreaked havoc on a multitude of industries throughout the world, including the footwear sector. Due to the discretionary nature of footwear, it was one of the most severely impacted businesses by the pandemic, as a consequence of the combined effect of outlet closures and austerity with regard to rapidly deteriorating economic conditions. Due to the accessibility of online commerce and doorstep delivery, the shoe industry has recovered, with a rise in demand in post-covid conditions. Who is winning?

Leading players operating in the sneaker market Adidas Group, Nike Inc., New Balance, ASICS, PUMA SE, Under Armour, Inc., Li Ning Company Ltd., ECCO, China Dongxiang (Group) Co., Ltd., 361 Degrees International Limited., Vans, and Converseamong others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the sneaker market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the Sneakers Market by Product Type (Adult Sneakers, Children Sneakers) By Application (Sports, Lifestyle, Competition) By Consumer Orientation (Men, Women) By Sales Channel (Multi-brand Stores, Independent Small Stores, Online Retailers and Other Sales Channel) & Region - Forecast to 2022-2032. Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-16329

Men’s Sneakers Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2032

The Men’s Sneakers Market is estimated at USD 31,927 million in 2022 and is projected to reach USD 52,135 million by 2032, at a CAGR of ~5% from 2022 to 2032.

The current global rise in health awareness has led to an increase in the number of people using fitness facilities and participating in both indoor and outdoor exercise activities. All age groups have seen a rise in demand for men's sneakers as a result. In addition, those who work select physical activities like running and swimming to stay fit and active. As a result, the demand for shoes has expanded across all age groups, expanding the size of the men's sneaker market.

E-commerce, which is solely defined as the buying and selling of products and services using online platforms, is in very high demand worldwide. The most well-known form of e-commerce is online shopping. It has streamlined consumers' purchase processes by making it more straightforward. Developed countries like the United States and Japan are more well-liked for internet shopping than developing countries like China and India. The retail landscape was different ten years ago than it is now. Men's sneakers are in high demand because of the growth of e-commerce, which makes purchasing simpler, easier, and more convenient.

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” In the Men's Sneaker Market, the demand for branded sneakers is growing at the fastest rate. The branded shoes are preferred by customers who purchase shoes through online sales channels since they are more affordable.” Says an FMI Analyst.

Impact of COVID-19 on the Market

The COVID-19 pandemic caused devastation in a variety of global industries, notably the sneaker industry. Due to the discretionary character of men’s sneakers, it was one of the industries that was most negatively hit by the outbreak as a result of shutdown of store and austerity measures due to the economy's fast deteriorating state. The men's sneaker market has recovered owing to the accessibility of online shopping and doorstep delivery, with a recovery in demand in post-covid conditions.

Who is winning?

Leading players operating in the Men’s sneaker market Adidas Group, Nike Inc., New Balance, ASICS, PUMA SE, Under Armour, Inc., Li Ning Company Ltd., ECCO, China Dongxiang (Group) Co., Ltd., 361 Degrees International Limited., Vans, and Converseamong others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the men’s sneaker market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the Men’s Sneakers Market by Product Type (High top shoes, Mid top shoes, Low top shoes) By Application (Sports, Lifestyle, Competition) By Closure Type (Laces, Velcro, Straps, Zippers) By Sales Channel (Multi-brand Stores, Independent Small Stores, Online Retailers and Other Sales Channel) & Region - Forecast to 2022-2032.

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Men’s Sneakers Market Trends, Size, Growth Insight, Share, Regional and global Industry Forecast To 2032

The Men’s Sneakers Market is estimated at USD 31,927 million in 2022 and is projected to reach USD 52,135 million by 2032, at a CAGR of ~5% from 2022 to 2032.

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Impact of COVID-19 on the Market

Who is winning?

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Running Shoes Market Size, Future Trends, Growth Key Factors, Demand, Share, Application, Scope, and Opportunities Analysis by Outlook 2032

The Running Shoes Market is estimated to reach US$ 44,254.3 Million in 2022. As per the report, sales are forecast to increase at a robust 4.50 % CAGR, with the market valuation reaching US$ 68,725.6 Million by 2032.

Running shoes are footwear made specifically for jogging and running. Running shoes protect the front and back of your foot while allowing for forward motion. They might help in the prevention of tendinitis, shin splints, stress fractures, and other problems. They are sold in supermarkets, hypermarkets, specialty shops, brand outlets, and online channels and are used by adults, women, and children. For road, trail, and all-terrain use, Hoka makes both low-profile and max-cushion shoes.

Across the board, Hoka shoes maintain characteristics like a low weight-to-cushion ratio and midsole and outsole geometry created to encourage natural stability and an effective stride. The shoes were first preferred by ultramarathon runners because of their improved cushion and built-in stability, but they quickly gained favour with other runners since they provide the most cushion for the least amount of weight. In addition to the brand's original, highest-cushion models, lighter-weight shoes that nonetheless maintain a large portion of the brand's distinctive cushion are now available in the Hoka collection, along with lightweight training shoes, racing shoes, and track spikes.

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Product demand is expected to rise as consumers become more aware of how sports and fitness can improve health and lower the risk of chronic diseases. Running shoes are likely to be in high demand throughout the forecast period as a result of consumers realising how important the right equipment is to prevent muscular soreness, knee and leg pain, and other problems.

Running shoe producers are putting more effort into creating footwear that are stable and comfortable. To draw in additional customers, several manufacturers also provide customisation options. The market for running shoes is anticipated to increase during the forecast period as a result of company sales expansion and novel product launches through online channels, marketing campaigns, and promotional methods.

"North America will drive the Running Shoes market to greater heights because of its advancements in technology, sports events and fitness freaks that make the shoes market grow easily." Says an FMI analyst.

Impact of COVID-19

The COVID-19 epidemic has had a negative impact on a number of industries, including the global market for athletic footwear. Global manufacturing centres were experiencing a significant negative impact. The first is the epidemic-related suspension of operations. Then, an increasing number of international consumers are cancelling orders because they are unable to sell or store goods. Additionally, companies like Adidas, Nike, and Puma observed a fall in customer demand for sports footwear as a result of consumers' reduced or postponed discretionary expenditure in response to COVID-19's effects.

Who is winning?

Leading players operating in the Running Shoes Market are Adidas AG; ASICS Corporation; Fila Inc.; Under Armour, Inc.; Lotto Sport Italia S.p.A; New Balance Athletics, Inc.; Vans, Inc.; Nike, Inc.; Puma SE; and Reebok International Ltd. and among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the Running Shoes Market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on Running Shoes Market by Type (Road, Treadmill, Trail, Mud, Snow) By Waterproofing (Water Repellent, Waterproof) By Consumer Orientation (Men, Women and Kid) By Price Range (Below US$ 20, US$ 20 – US$ 50, US$ 50 – US$ 100, Above US$ 100) & Region - Forecast to 2022 – 2032.

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Canada, US, and China Shale Gas Hydraulic Fracturing Market Trends, Size, Growth Insight, Share, Regional and global Industry Forecast To 2033

The global shale gas hydraulic fracturing market is predicted to register a CAGR of 10.9% over the forecast period, according to FMI’s analysis. The shale gas hydraulic fracturing sales are anticipated to increase from 32.1 thousand units in 2023 to 90.3 thousand units by 2033 end.

The United States is projected to maintain its market dominance over the anticipated time period, whereas China is forecast to offer impressive growth opportunities. In terms of CAGR, China is projected to emerge as a significant market in the 10–year forecast period. Currently, the world is more dependent on unconventional energy resources like shale gas.

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By the end of 2033, it is expected that the development of shale gas in the key regions of the world, i.e., the United States and China, will garner high traction in the evaluated period. The United States is projected to offer new opportunities and breakthroughs for key players as a result of the rising deployment of relatively cheaper energy resources.

Over the forecast period, this region is likely to dominate the global shale gas market in terms of sales and presently accounts for two-thirds of the market in terms of volume and value.

China, post ten years after the development of the first fractured shale gas well, has become the second nation in the world to possess core technology to extract shale gas. The country has realized the potential of shale gas fracturing techniques from lagging to partially leading and built a technology system and fracturing theory ideal for the extraction of middle-shallow marine shale gas.

The key countries are constantly conducting research for technologies, fracturing theories, and methods convenient for domestic ultra-deep and deep marine shale gas. Additionally, transitional shale and terrestrial shale gas are also being researched for the efficient growth of shale gas in these countries.

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Contact Lenses Market Trends, Size, Growth Insight, Share, Regional and global Industry Forecast To 2033

According to Future Market Insights (FMI), the contact lenses market is valued at USD 9.6 billion in 2023 and is anticipated to reach USD 15.2 billion by 2033. The market is expected to grow at a CAGR of 4.7% from 2023 to 2033.

Consumer Demand for Advanced Variants with High-Efficiency Drive Market Growth

Visual impairments such as myopia are on the rise impacting both children and adult populations alike. According to WHO’s latest analysis, almost 2 billion people are globally affected by vision impairment, of which around one billion are undiagnosed. Such refractive errors, if untreated could lead to the need for an advanced product with high prescription strength.

With contact lenses, that are as effective as traditional spectacles, the market growth could steadily improve. Due to aesthetic and functionality factors, contact lenses are preferred by many over traditional lenses. In developing markets such as China and South Korea, advanced lens technology is aiding to expand the consumer base. The rising adoption of these advanced devices has created key growth opportunities for existing market players.

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Side Effects Could Lead Consumers to Prefer Alternatives

Undesirable side effects of contact lenses continue to plague the market. These include eye irritation, disability, and even loss of vision in extreme cases. Many prefer not to have a foreign object inserted in the eyes, that could trigger superficial keratitis, corneal vascularization, and corneal edema

Hence, several consumers are opting for alternative refractive correction treatments. These include LASIK surgery and other surgical procedures. With rising disposable income and affordability of such treatments, it is gaining popularity among lens and spectacle users. Alternatively, deterred by the side effects of contact lenses, many are also opting to go back to using traditional spectacles.

Key Players Invest in Research & Development as the Ultimate Growth Strategy

Currently, heavy investments are pouring into optometry-centric research and development activities. Consumers are seeking contact lenses, that provide comfort and efficiency. Hence, issues such as contact lens-induced eye dryness, aren’t factors impacting advanced product variants. For instance, the latest technology has led to the launch of soft contact lenses, that are long-wear safe and prioritize consumer comfort.

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Airport Retailing Market Size, Future Trends, Growth Key Factors, Demand, Share, Application, Scope, and Opportunities Analysis by Outlook 2032

The Airport Retailing market is valued at US$ 26837.8 Million. The market is anticipated to reach nearly US$ 79706.8 Million by 2032, by witnessing an impressive CAGR of 11.5% from 2022 to 2032.

The retailing world in the airport space has significantly ballooned in the past few years with increasing physical space for non-aviation activities, as the core aviation activities like check-in, bag-drops are conducted remotely. This is further expected to facilitate future growth during the period of forecast.

What is Driving Demand for Airport Retailing?

The players operating in the industry are undertaking constant efforts to find out the compelling factors that is encouraging consumer to engage in shopping during travel. Convenience and boredom while waiting for the flight are few of the prominent factors that has driven airport retail purchases among consumers.

Besides this, tax-free is another prominent factor encouraging airport retail sales.Apart from the identifying the factors the players operating in the industry are also analyzing the consumer spending habits on airport.

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Travelers that are required to spend some time on airport before their journey located in the same vicinity are the prominent target consumers for players operating in the industry. Thus the efforts on the part of players to gain their attention is further expected to drive sales in the coming years.

Improving Services through Technology & Personalization Facilitating Retail Sales

Apart from the players in the industry airports are also engaged in increasing and enhancing traveler’s experience through personalization and technology. For instance, many of the airports are engaged in leveraging a traveler’s experience through augmented reality and virtual reality that guides a traveler or a prospective consumer towards the retail stores they desire at the airport.

Thus, the efforts on the part of airport hubs to ensure that the travelers make the best possible use of their waiting time is further expected to drive retail sales during the forecast period.

US and Canada Airport Retailing Market Outlook

The United States is one of the prominent hub. The airport retail sales in US is also projected to reflect a stable growth during the forecast period 2021-2031. Demand is expected to remain muted currently as the pandemic outbreak has extensively impacted the travel sector across the world.

Since past few years airport shopping corridors in the United States and Canada have now become significant tourist hubs. The growing frequency of travel and tourists in this region had led to an increase in the airport retail sales. However, with the pandemic outbreak causing a drastic decrease in the footfall of tourism has currently led to a slowdown in demand.

However, factors like growing attraction of brand towards airport retail arena, government initiatives to scale up revenues from airport are further expected to bring a slow recovery in the airport retail sales during the period of forecast.

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Luxury Fine jewellery Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2032

According to Future Market Insights, the global luxury fine jewellery market size is projected to expand at a CAGR of 6.5% over the forecast period (2022-2032), reaching a valuation of US$ 85,887.5 Mn by the end of 2032.

Growth in the market is driven by changing consumer behavior and fashion trends, growing demand for used jewellery, and the trend of jewellery businesses prioritizing social media and celebrity collaborations.

During the shutdown, sales of used jewellery increased, especially in the fine vintage market, reflecting consumers' desire for ethical purchasing as well as potential savings. A preoccupation with vintage jewellery and archival culture is on the increase in 2022, due to the advent of e-commerce, resistance to incessant new-season products, and a yearning for more meaningful luxury.

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Fashion lovers are working hard to get rare collectibles, fine couture, and statement jewellery that can be customized and made even more distinctive as investment purchases. An increase in auction concepts is being fueled by the allure of vintage goods and archive-based materials and experiences. These concepts are intrinsically linked to the thrill of telling a story through objects and scrambling to find a treasure, something that is missing from the accessibility of objects in today's world.

Never before has social media been more crucial to all brands, across all industries. One of the best methods for boosting brand recognition and reaching new audiences is to design campaigns with a social media focus.

Companies are employing many tactics to expand their customer base and transform the jewellery industry. For instance, in 2015, Missoma, a demi-fine jewellery company aimed at women in their 20s and 30s, switched from being mostly a wholesale brand to being 95% online. According to the brand's founder Marisa Hordern, this helped the company identify and understand its target market.

The company used a strong influencer approach, giving gifts to women who were properly vetted and matched the brand's look and ideals. Additionally, they were among the first brands to go a step further and create a unique collection in collaboration with an influencer.

“Key luxury fine jewellery companies are branding through social media platforms and celebrity endorsements to expand their global reach. Besides this, they are offering customized products to increase their customer base”, says an FMI analyst.

Who is Winning?

Leading manufacturers of luxury fine jewellery are focused on new product launches, aggressive promotional strategies, and advertisements to gain a competitive edge in the global market

Leading players operating in the global luxury fine jewellery market are Richemont, Guccio Gucci S.p.A., The Swatch Group Ltd., Pandora Jewelry, LLC, GRAFF, Louis Vuitton SE, Signet Jewelers Limited, Chopard International SA, MIKIMOTO, Tiffany & Co., and Chopard International SA among others.

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Bed Linen Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2032

The global bed linen market is likely to garner a revenue of about US$ 35.44 billion by 2032, up from US$ 20.36 billion in 2022, with a CAGR of 5.7% during the forecast period.

Home décor is considered to reflect the status and taste of the owner who willingly spends money to decorate the house A good bed sheet matching with an aesthetic look is very vital as a part of the interior bedroom.

Thus, the demand for bed sheets is increasing in the domestic along with the export market over the forecast period. According to a report, the bedsheets are an estimated Rs 10,000 crore market which caters both upper and middle-class families settled in urban areas.

The bedsheets market has good scope across several nations. Moreover, there is a steady demand in Government departments such as Tourism, Railways, Police and Defence, etc.

Growing fabric technology and the availability of more manmade fabrics, brighter colors and wide range in the composition of the sheets is fostering sales of bed sheets worldwide.

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Altering home decor trends and increased purchase frequency, along with shorter replacement cycles are also enhancing the market growth.

Bed Sheets Market – Key Trends

Growing consumer awareness concerning good sleep and healthy body and mind will encourage the market players to introduce advanced fabric technology in bedsheets.

Players are focusing on the functional benefits of bedsheets prepared from plant-based materials for instance Tencel, bamboo, and organic cotton, to provide better moisture absorption and breathability in contrast to conventional cotton.

Players are also providing woolen duvets and comforters as they provide greater moisture control and temperature regulation and reduce the risk of dust mites. Manufacturers are furthermore focusing on the production process to prevent water scarcity.

As ordinary cotton bed sheets consume a higher amount of water. Sleep and giggles launched eco-friendly bed sheets prepared from eucalyptus trees which utilize around 95% less water as compared to ordinary cotton linen.

E-commerce platform boom concerning distribution is complementing in huge sales. Apart from the rise of third-party online distributors, the trend has additionally presented e-retailers providing quality products to gain a large consumer base.

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Glass Tableware Market Size, Future Trends, Growth Key Factors, Demand, Share, Application, Scope, and Opportunities Analysis by Outlook 2032

The glass tableware market is expected to reach a valuation of US$ 9.8 Billion in 2022. Sales are projected to increase at a 3.0% CAGR, with the market size reaching US$ 12.8 Billion by 2032.

Higher spending on casual house-ware products such as glass tableware products will drive the demand in the market. Surge in number of households coupled with rise in per capita income is expected to fuel demand for glass tableware in the global market.

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Furthermore, shift from plastic tableware products to glass tableware products due to growing use of environment-friendly, recyclable, and biodegradable products is rising. Hence, demand for glass tableware is projected to accelerate over the forecast period (2022-2032).

As the tourism industry continues its global expansion, demand for eco-friendly and environmentally sound glass tableware is on the rise. Through 2032 this market will see steady growth with a projected 9% increase per year!

"Expansion of hotel & catering industry in emerging countries such as India and China has fueled the growth of the glass tableware industry. Moreover, glass tableware products are widely preferred in residential areas apart from commercial areas mainly due to their aesthetic appeal that also contributes towards kitchen decor," says an FMI analyst.

Who is winning?

Mergers and acquisitions, as well as product development and innovation, are among the techniques companies are using to increase their market share. Further, companies are coming up with discount offers to gain new customers.

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Italy Tourism Market Size, Future Trends, Growth Key Factors, Demand, Share, Application, Scope, and Opportunities Analysis by Outlook 2032

The global Italy tourism market is anticipated to propel at an impressive CAGR during the forecast period from 2022 to 2032. The global market registered a valuation of US$ 23.1 Billion by the end of 2022 and is estimated to reach around US$ 43.8 Billion in 2032. Nearly 8 million travelers visited Italy in the first half of 2022 amounting to US$ 5.4 Billion.

According to the latest updates conducted by Future Market Insights, over the coming year, around 92 million arrivals are expected to happen, with 343 million overnight stays in Italy. In addition to that, with surging awareness of sustainable tourism in Italy and other European regions, the overall demand is forecast to increase at a prolific CAGR between 2022 and 2032.

According to the historical analysis conducted by Future Market Insights, on average, each of the tourists arriving in 2020 spent about $450 dollars. Conversely, the inhabitants of Italy spend as much as $511 dollars a year when they themselves spend vacations abroad. Such high-spending on-tourism activities is in turn helping the growth of the regional market.

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Furthermore, various other tourism activities such as culinary tourism, and casino tourism among others are considered to bolster sectors in the country attracting a large pool of consumers and alternatively, boosting the local market. The market witnessed a growth rate of around 5.1% during the historic period of 2017 to 2021.

Italy is known to welcome tens of millions of visitors every year from all over the globe on the basis of its approximately 7600 kilometers of coastline and location on the Mediterranean Sea. Additionally, the population of Northern European nations is specifically attracted to Italy because of its lovely climate. Italy’s unique history and culture and architecture are well-known on a global scale. In the nation, there are more than 100,000 historical sites, many of which are remnants of the former Roman Empire. Various such factors are attracting global tourists to the country’s enriching travel destinations, thus, contributing substantial revenue toward market growth.

Competitive Landscape

Various travel and tourism companies are assuring a safe and affordable travel experience in Italy. Some of the top tour operators offer fascinating travel packages and offers distinctive travel packages around Europe, America, Asia, and the Middle East.

More Insights into the Italy Tourism Market

Foreign visitors are anticipated to dominate the Italy tourism market as they account for a significant share of around 44% in the overall Italy tourism market.

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Contact Lenses Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2029

The global contact lenses market is set to reach US$ 12.5 Bn in terms of revenues by the end of 2029. A new Future Market Insights (FMI) study reveals that the contact lenses market will see a moderate CAGR over 2029. Soft contact lenses are the most prescribed contact lenses, while toric lens designs are significantly gaining popularity over the recent past. The latter are gaining traction attributing to their properties to correct mixed astigmatism.

Moreover, these lenses are fashionable, serve various purposes owing to their anti-radiation (block UV rays) properties, and abilities to filter dim lights and work on miniature components. Demand for silicone hydrogel contact lenses is also on a constant rise, as they reduce the risk of hypoxia related eye problems.

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Growing prevalence of myopia among young children and elderly demographic will continue to create significant opportunities for prominent players in the contact lenses market. Daily wear soft contact lenses made of flexible plastic that enables oxygen to pass through the eyes are gathering traction in market. Besides such innovations, online sales will help manufacturers reap sizeable profits in the global market.

Smart Contact Lenses Gaining Traction

Contact lens companies have been introducing novel products in the market, attributable to R&D advancements. Smart contact lenses represent one such innovation that continues to gain popularity worldwide. These lenses do not require surgery and can be inserted or removed by users. Researchers from the Harbin Institute of Technology in China and the University of California San Diego are developing innovative biomimetic smart soft contact lenses that users can zoom in and out by simply blinking.

Know More About Contact Lenses Market Report

Future Market Insights, in its new offering, provides an analysis of the global contact lenses market, presenting historical demand data (2014-2021) and forecast statistics for the period of 2022-2029. The report on the global contact lenses market reveals compelling insights on the basis of product type (soft lenses [daily wear and extended wear] and gas permeable), design type (spherical, toric, multifocal, and others), wear type (disposable and reusable), and sales channel (online [e-Commerce portal and company owned portal] and offline [exclusive stores and multiband stores]), across seven major regions.

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Executive Coaching Certification Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2032

The global executive coaching certification market was valued at US$ 8.4 Billion in 2021 and is forecast to grow at 11.3% CAGR between 2022 and 2032, totalling a valuation of around US$ 27 Billion by 2032. Growth in the market is driven by rising demand for online and in-personal programs across the world.

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Custom Shoes Market Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Regional Forecast to 2032

As per newly released data by Future Market Insights (FMI), the Custom Shoes Market is estimated at USD 712 million in 2022 and is projected to reach USD 1454 million by 2032, at a CAGR of ~7.4% from 2022 to 2032.

Custom shoes are shoes that are manufactured to order. They may be created in any colour, style, or pattern desired by the purchaser. Custom shoes are crucial because they provide the wearer a distinct appearance and feel. Furthermore, because each pair of personalised shoes is unique, they frequently reflect the wearer’s individuality. The unique aspect is that each pair of custom shoes is produced specifically for the person who purchases them. Custom shoes may also be manufactured to fit any size, shape, or width of foot.

The introduction of fresh fashion trends in global culture is driving the demand for personalised shoes. Different shoes are currently utilised for various purposes and occasions. Using running shoes for running or jogging, as well as numerous sport shoes for other activities such as tennis shoes, skating shoes, basketball shoes, etc. is the newest fad.

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The growing need for personalization for such purposes is driving the demand for bespoke shoes. There is also the contemporary necessity for special event footwear to be properly tailored. The married pair is increasingly choosing for customized shoes based on their preferences during wedding celebrations. This is causing a surge in demand for the custom shoe market. However, high pricing and restricted customisation are limiting the industry’s expansion. In the next years, technological advancements may help us overcome this barrier.

“The demand for unique and personalized shoes is increasing in recent times while they players are taking sincere efforts to provide customization in their shoes. This balance between supply and demand will help the custom shoes market to grow at a rapid rate.” Says an FMI Analyst.

Impact of COVID-19 on the Market

The global pandemic caused difficulties in nearly every business sector. Manufacturing as well as supply and distribution were hampered by the rules and regulations imposed by the governments throughout the world. Now that the situation is getting back to normal, custom shoes market along with other markets is set to attain new levels as people are keen on going out and participating in different physical activities. This will increase the demand for custom shoes and is anticipated to help the growth of custom shoes market globally.

Who is winning?

Leading players operating in the Custom Shoes market are Nike Inc., PUMA SE, Crockett & Jones, Italian Shoe Factory, VF Corporation, Toesmith, Vans Inc., Alive Shoes, Edward Green Shoes, Costoso Italiano among others.

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Candle Air Fresheners Market Size, Future Trends, Growth Key Factors, Demand, Share, Application, Scope, and Opportunities Analysis by Outlook 2032

According to Future Market Insights, the global candle air fresheners market is forecast to grow at a CAGR of 3.6% from 2022 to 2032. The sector is expected to be worth US$ 602.8 Mn by 2032, up from US$ 423.7 Mn in 2022.

Candle air fresheners are among the most common consumer products in the air freshener market. Aromatic compounds, ethanol, deionized water, aerosol propellants, mineral oil, and other substances are used in candle air fresheners.

The market for air fresheners is being driven by a rise in demand for air care and increased concerns about indoor air quality. Increased consumer demand for aroma items such as sprays, plug-ins, beads, gels, and candles, as well as increased need for air fresheners to maintain a pleasant ambiance in offices and homes, are driving the candle air fresheners market forward. A rise in consumer preference for aromatherapy and growing demand for high-end lifestyles and luxury in everyday life among the people influence the market for candle air fresheners.

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Furthermore, new developments, increasing disposable incomes, changing lifestyles, and increased acceptance of luxury products are all set to benefit the candle air freshener market. Furthermore, increased use of candle air fresheners in hospitals and healthcare centres as well as a preference for a high-end lifestyle, provide lucrative prospects for candle air freshener manufacturers from 2022 to 2032.

Market companies’ strategic activities have included new product releases, product differentiation, and acquisitions. Procter & Gamble, for example, has introduced a new automatic air freshener. One of the new technologies is P&G’s Sci-Fi Air Freshener. Consumers can access and control this product through a smartphone app. The product contains a motion sensor and a febreze plug that allows one of two fragrances to be released from the gadget based on the user’s preference.

“Increased prominence of maintaining healthy home and office environments has created an increased demand for candle air fresheners in the market. Moreover, highly fragmented product offerings from manufacturers in the market is appealing to consumers, which is expected to drive the market over the coming years.”- says an FMI analyst.

Who is winning?

Procter & Gamble Co., Reckitt Benckiser Inc., Henkel KGaA, Church & Dwight Co. Inc., SC Johnson & Son Inc., Kobayashi Pharmaceutical Co. Ltd., Godrej Household Products Ltd., Farcent Enterprise Co. Ltd., Newell, Yankee Candles Brands are the major competitors in the market.

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Cattle Blower Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2033

FMI predicted that throughout the forecast period, the global cattle blower market will expand at a moderate CAGR of 5.1%. This market will be worth US$ 258 Million in 2023, according to its current value. The cattle blower market is anticipated to grow to US$ 424 Million by 2033.

Cattle blower makes farmers' jobs easy by removing extra moisture and water from cattle. The equipment blows the skin around the cattle until they are dry using a hot air or gas-fired blower.

The increase in demand for premium dairy and meat products and the rising implementation of cutting-edge animal drying methods are both credited with the expansion. Additionally, its expansion can also be ascribed to elements like increased eco-consciousness and knowledge of the value of hygiene.

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The market is also anticipated to develop as a result of recent increases in R&D spending, technical breakthroughs, and product innovation. Moreover, an increase in per capita animal health spending is also expected to push market expansion. The idea of employing animal dryers to preserve food is also gaining popularity.

A variety of blowers are available from manufacturers, including low-cost equipment that works well for small-size cattle and high-performance dryers for large-size cattle. Some players additionally provide customization options so that clients can tailor their blowers to their own requirements.

In 2022, the North American Cattle Blower Market held the highest share. It is anticipated that the region would maintain its dominance during the forecast period. High product acceptance rates and the presence of significant market players are responsible for regional market growth. Due to the rising number of dairy farms, the market growth in the Asia Pacific region is anticipated to increase at the quickest rate.

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Leather Sneakers Market Trends, Size, Growth Insight, Share, Regional and global Industry Forecast To 2032

As per newly released data by Future Market Insights (FMI), the Leather Sneakers Market is estimated at USD 449.2 million in 2022 and is projected to reach USD 697.6 million by 2032, at a CAGR of ~4.5% from 2022 to 2032.

Sneakers are well-known for their athletic capabilities, fashionable appearance, and comfort when participating in physical activities. Leather shoes, on the other hand, are regarded as exquisite and high-class footwear. Leather sneakers are the ideal blend of athleisure and formal footwear.

These shoes provide comfort and a perfect fit, with the added benefit of leather, which is weather resistant, far more durable than other materials, and has a beautiful appearance. Some trending significant factors for the leather sneakers market are post-covid effect on fashion trends and rising adoption of comfy footwear.

Customised leather sneakers are gaining popularity among big spenders and sneaker enthusiasts, helping the market to grow.

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On the other hand, it is expected that the availability of locally manufactured, replicated, or phoney products would limit market growth. Also, alternatives to the genuine leather as artificial leather made from plastic and other materials are impacting the market. Increasing awareness of the animal cruelty among people is ultimately increasing the demand for cruelty free products. The COVID-19 outbreak had many countries to regulate the import and export, ultimately affecting the raw material supply chain, posing a challenge for the Leather Sneakers industry.

“Leather sneakers are becoming increasingly popular across the world. The versatility of these shoes, as well as the desire for versatile items in the post-Covid era, will benefit the leather sneakers industry.” Says an FMI Analyst.

Impact of COVID-19 on the Market

Many sectors were temporarily closed due to the COVID-19 pandemic. Because the virus spreads through touch and air, public venues were closed. Public transit was governed by rules, and public gatherings were prohibited. Lockdown eventually led to a desire for comfier footwear. After the lockdown ended and normal life resumed, individuals began wearing sneakers, since they are both comfortable and adaptable. People wear leather shoes to be active while also getting a comfortable fit and a high-end style. Manufacturers are creating shoes for various purposes and activities, which is growing demand. The import and export of raw materials and shoes were also restricted owing to government laws in several nations. All of these variables have an impact on the Leather Sneakers market.

Who is winning?

Leading players operating in the sneaker market Hermès International S.A., Salvatore Ferragamo S.p.A., Crockett & Jones, Kering S.A., Bruno Magli, Prada Holding B.V., Cole Haan, PROVOGUE, Genesco Inc., LVMH, DModot, Allen Edmonds and among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the sneaker market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the leather sneakers market by closure type (lace up, zipper, slip-on, others), sole material (rubber, polyurethane, leather, others), consumer orientation (men, women, kids), sales channel (hypermarket/supermarket, wholesales/distributors, specialty stores, multi-brand stores, independent small stores, online retailers, other) & region - Forecast to 2022-2032.

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