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Showing posts with the label Homecare & Decor

Thermostatic Faucet Market Worth $11.59 Billion By 2028 | CAGR 5.29%

Thermostatic Faucet Industry Overview The global  thermostatic faucet market   size is expected to reach USD 11.59 billion by 2028, registering a CAGR of 5.29% over the forecast period, according to a new report by Grand View Research, Inc. The COVID-19 pandemic has affected nearly every industry sector. The focus of the consumer has shifted towards daily essentials thereby impacting the non-essential industry like plumbing. Several home renovation activities were put on hold in 2020.   Thermostatic Faucet Market Segmentation Grand View Research has segmented the global thermostatic faucet market based on product, end-user, and region: Based on the End-user Insights, the market is segmented into Residential, Commercial. The commercial segment accounted for the largest revenue share of more than 55% in 2020 and is estimated to expand at the fastest CAGR from 2021 to 2028. The commercial sector includes hotels, malls, hospitals, and airports. The development...

Reef Aquarium Market Worth $11 Billion By 2028 | CAGR: 10.7%

Reef Aquarium Industry Overview The global reef aquarium market size to be valued at USD 11 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 10.7% during the forecast period.  Growing millennials’ interest in colorful ornamental fish for aquariums as a part of a luxury lifestyle is expected to remain a key factor for the market growth. The COVID-19 pandemic affected the market as a result of strict lockdown across various regions and the temporary closure of non-essential businesses. However, with a rise in the number of companion animal owners during the pandemic, the market will have significant growth. Moreover, fish tanks occupy a lot less space, which also has been driving the demand. This trend is creating several growth opportunities for the market in the residential sector. Gather more insights about the market drivers, restrains and growth of the  Global  Reef Aquarium Market The rising popularity of pet adoption across...

Wallpaper Market Worth $2.44 Billion By 2030 | CAGR: 4.3%

Wallpaper   Industry Overview The global wallpaper market size was valued at USD 1.67 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of around 4.3% from 2022 to 2030.  The rising adoption of home renovation activities coupled with technological advancements in printing techniques for wallpapers has been significantly driving the demand for wallpaper. Furthermore, rising disposable income, a shift in consumer preferences, and increasing DIY projects involving the usage of wallpapers are expected to drive the demand in the coming years. Gather more insights about the market drivers, restrains and growth of the  Global  Wallpaper Market The COVID-19 pandemic negatively impacted the global industry. The key players witnessed supply chain discrepancies. COVID-19 has also resulted in a significant slowdown of the global economy and delayed supply chain activities. Widespread lockdown orders have spurred the demand for wallpaper among ho...