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Showing posts from January, 2025

Men's Personal Care Market 2022 Supply-Demand, Production Cost and Share Analysis

  Men’s Personal Care Industry The global  men’s personal care market  size is expected to reach USD 67.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.1% from 2022 to 2030. Growing popularity among men for daily skincare routines coupled with rising awareness with respect to personal grooming and hygiene is the key factor driving the market. The availability of a wide range of skincare routine products by key players and guidance by industry experts is further expected to drive the market. Most of the companies in the market have been relying on social media platforms including YouTube, Instagram, and Facebook to promote their products as one of the prominent strategies to pique consumer interest. The established players in the beauty and cosmetics market have been taking advantage of these influencers and launching innovative products specifically designed for men. For instance, in April 2021, Cal...

Finance And Accounting Business Process Outsourcing Market Will Grow Rapidly In Coming Years

  Finance And Accounting Business Process Outsourcing Industry The global  finance and accounting business process outsourcing market  size is expected to reach USD 110.74 billion by 2030, exhibiting a CAGR of 9.3% from 2024 to 2030, according to a new study by Grand View Research, Inc. Innovation, global competition, and new technologies are the key driving factors behind the expansion and growth of the finance & accounting business process outsourcing (BPO) industry. Technologies such as robotic process automation (RPA) that have emerged over the past few years have influenced the F &A BPO market. RPA with its speed, efficiency, and cost savings abilities is slowly making its way into all industries and all types of business processes. Robotic process automation has also emerged as the fastest-growing trend in finance & accounting BPO, particularly in the management sector, providing high-value creation with fast time-to-value and notable cost savi...

Property Management Software Market Foreseen To Increase Exponentially By 2030

  Property Management Software Industry The global  property management software market  is anticipated to reach USD 9.68 billion by 2030 and expanding at a CAGR of 8.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The property management software (PMS) market is driven by key factors, including the adoption of SaaS solutions for improved accessibility and efficiency, centralized management for better task coordination, and enhanced tenant services for efficient issue resolution. A centralized management system is crucial for efficiently handling the various aspects of property management. PMS solutions provide a unified platform that consolidates tasks such as accounting, tenant tracking, and building maintenance. This centralization simplifies oversight and ensures that all property-related activities are managed cohesively. Property managers can view and manage multiple properties from a single interface, which enhances operationa...

Security Market Share To Reach Scalable Heights Of Growth

  Security Industry The global  security market  size is expected to reach USD 225.21 billion by 2030, growing at a CAGR of 8.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The adoption of security systems is increasing as these systems offer high-quality surveillance with optimized distortion. Illegal activities across the globe and stringent government regulations have led to a surge in the adoption of security systems. For instance, in July 2022, Deloitte Touche Tohmatsu Ltd., an international professional services network, launched Zero Trust Access. The new managed security service provides a cloud-native approach to securing communications between users on any enterprise application and device, regardless of location. Increasing competition in the market, owing to the introduction of advanced technologies, is driving the need for automation in organizations at various levels. In addition, the growing number of infrastructures across the...

Functional Mushroom Market 2024 Supply-Demand, Production Cost and Share Analysis

  Functional Mushroom Industry The global  functional mushroom market  size is anticipated to reach USD 65.83 billion by 2030, expanding at a CAGR of 11.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The industry is expanding due to the rising demand for functional mushrooms as superfoods in developed regions, such as Europe and North America. Furthermore, the global demand for natural or organic skincare products has been rapidly growing over the past several years mainly on account of increased customer awareness regarding the side effects of synthetic cosmetic products. Mushrooms are rich sources of vitamins, antioxidants, essential oils & oils, hydrocolloids, proteins, terpenoids, and other bioactive compounds. These compounds exhibit antioxidant, anti-inflammatory, antiseptic, and antimicrobial properties. Thus, extracts or concentrates of mushrooms are widely utilized as ingredients to formulate topical creams, lotions, ointmen...

Athleisure Market Will Grow Rapidly In Coming Years

  Athleisure Industry The global  athleisure market  size is expected to reach USD 662.56 billion by 2030, registering a CAGR of 9.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The trend of healthy aging has gained popularity among the elderly population, leading to an increased demand for performance-boosting fitness products. This demand extends to athleisure products, as they offer features such as enhanced grip, moisture-wicking properties, and back support, which are beneficial for elderly consumers seeking to maintain their fitness and active lifestyle. The growing participation of consumers across demographics drives the demand for athleisure products, reflecting the evolving preferences and lifestyles of modern consumers. In May 2022, Adidas announced its newest yoga collection, the Adidas yoga make space collection. This dedicated offering includes versatile pieces tailored to support various aspects of yoga practice and a...

Aircraft MRO Market Foreseen To Increase Exponentially By 2030

  Aircraft MRO Industry The global  aircraft MRO market  size is expected to reach USD 120.96 billion by 2030, registering a CAGR of 4.75% from 2025 to 2030, according to a new report by Grand View Research, Inc. According to a new report by Grand View Research, Inc. Aircraft maintenance, repair, and overhaul (MRO) implies overhaul, inspection, repair, and modification of aircraft and its components. Majorly the market is covered by the Original Equipment Manufacturing industries (OEMs) or Aerospace Engineering Service Providers (AESPs). The high-level EPSs are highly monitored with the help of the Service Level Agreement (SLA) to maintain a high level of confidentiality. AXISCADES is a leading aircraft ESP with over two decades of experience in various aircraft areas. Furthermore, the advancement in predictive maintenance has resulted in an increase in technological and manpower related problems for the MRO industry. Predictive maintenance requires innovative techno...

LED Lighting Market Share To Reach Scalable Heights Of Growth

  LED Lighting Industry The global  LED lighting market  size is expected to reach USD 168.87 billion by 2030, expanding at a CAGR of 11.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. Demand for LED lighting devices like A-lamps and T-lamps is anticipated to rise in response to rising customer demand for energy-efficient lighting solutions. Clients are attracted to LED lighting due to its benefits like lower heat emission, brighter light, energy savings, and low cost. The advantages of LED lighting over other types of lighting, coupled with the increasing demand from the building industry for both residential and commercial applications, are factors likely to propel the market growth. Additionally, automakers are concentrating on releasing cars with a distinctly contemporary appearance to draw in buyers. LED lighting solutions give manufacturers the freedom to create goods with intricate designs in small, aesthetically pleasing pack...