General Retail Goods and Services
Overview of the baseball equipment market in the US
Technavio’s market research analyst predicts the baseball equipment market in the US to grow at a CAGR of more than 4% by 2020. Major League Baseball (MLB) is the biggest baseball professional tournament in the world, and is based in the US. This is the premium league for baseball players where several professional players across the globe aim to get signed in any of the MLB clubs. Lucrative salaries and the attractive financial compensation offered by these clubs are driving enrolments and propelling the growth of the market. Moreover, the growing interest and participation of the general population in sports tournaments, such as baseball and softball tournaments, will be a major growth factor for this market during the predicted period.
The latest development in the market is the rise in innovations in baseball products such as bats and gloves. Recently, Mizuno launched a baseball bat, MaxCor, which when smashed, allows more barrel to contact the ball, increases ball rotation, and enables it to travel further. Baden Sports has come up with Axe Bat, which has an innovative handle design that enhances performance while reducing injury. Similarly, Adidas has launched 12.75-inch Phenom glove, which is made of top grain leather and is 20% lighter than a normal baseball glove.
Competitive landscape and key vendors
The market is dominated by some leading vendors who compete in terms of product offerings and geographical reach. Competition in the market is expected to intensify during the forecast period with increase in product extensions and market shares. The vendors in the market are launching innovative equipment to increase their market shares. The major vendors in the market are trying
Overview of the global maternity personal care products market
According to the analysts at Technavio, the global maternity personal care products market is envisaged to witness steady growth and will post a CAGR of more than 4% over the forecast period. The augmented demand for maternity personal care products from developing countries is one of the primary factors driving the growth prospects for this market in the coming years. The majority of developing countries in APAC and Africa like Indonesia, Thailand, China, Brazil, South Africa, and India offer high growth potential for the market. Factors such as increasing urbanization, along with a rise in disposable income, is resulting in the increased demand for maternity personal care products in these countries. Moreover, it has been observed that this significant shift toward the preference for maternity personal care products over regular personal care products is because of the increasing need for safer and more effective products during the maternity period.
In this industry research report, the analysts have estimated factors such as the growing demand for natural and organic products to fuel this market’s growth during the predicted period. The increasing awareness of the harmful effects of chemicals present in most personal care products has led to the high demand for natural and organic maternity personal care products like facial cleansers and skin moisturizers. To cater to this growing demand, many vendors are launching natural and organic maternity personal care products, which will contribute to the growth of this market in the coming years.
Product segmentation and analysis of the maternity personal care products market
- Stretch marks prevention products
- Nipple care products
During 2015, the stretch marks prevention products led the market and accounted for nearly 80% of the
Overview of the global tennis apparel market
According to the analysts at Technavio, the tennis apparel market is envisaged to witness steady growth at a moderate CAGR of more than 2% over the forecast period. An increasing number of celebrity endorsements is one of the most important factors driving the growth of this market globally. Launching campaigns related to tennis and promoting products by famous players is an old and effective marketing strategy undertaken by most tennis apparel manufacturing companies. Such vendors get tennis icons like Roger Federer, Andy Murray, Rafael Nadal, and Serena Williams for launching their new product lines. Also, many vendors name their tennis apparel collections after famous players to help propel sales, thus, cashing in on the celebrity fan following. Moreover, vendors sponsor various tennis tournaments and matches as part of their product promotions. This increase in promotional activities is likely to propel the growth prospects for this market over the predicted period.
In this industry research report, the analysts have estimated factors such as the growing market for children’s tennis apparel to impel the growth prospects for this market in the coming years. Besides parents, many educational institutions have started encouraging children to take up sports like tennis actively. Since these institutes help students with proper training and guidance, the demand for children’s tennis apparel will increase substantially over the next few years. For instance, Ferreira Tennis bought Little Miss Tennis/TV Sports to design and produce tennis apparel for children.
Segmentation by end user and analysis of the tennis apparel market
- Men’s tennis apparel
- Women’s tennis apparel
- Children’s tennis apparel
During 2015, the men’s tennis apparel segment dominated the market and accounted for the maximum
Overview of the global aftershave lotion market
Technavio’s market research analyst predicts that the global aftershave lotion market will grow at a modest CAGR of just over 7% during the forecast period. Innovations pertaining to personal care products, such as the introduction of new aftershaves in a variety of new fragrances and the development of new lotions with natural ingredients, will be the key driver for the growth of this market. Every male consumer wants a product that will help reduce redness and soothe irritation after shaving. Consequently, major vendors have been compelled to utilize ingredients like caffeine in their products as it helps to reduce redness. Caffeine has been shown to benefit shaved skin by soothing irritation after a shave. Similarly, other companies have also started to offer products with anti-aging technology as it helps in making the skin look youthful and promotes a healthy texture. The widespread availability of such innovative products will help in the growth of this market during the estimated period.
One of the key market drivers propelling the prospects for growth in this market is the use of organic and natural ingredients in aftershave lotions. Since aftershave lotions are used by men on a daily basis, those with sensitive skin may suffer from conditions like acne or skin irritation. Since consumers are now becoming more aware of the side effects of some chemicals in aftershave lotions, they are now buying products with natural and organic ingredients as they are much safer. As a result, companies like Bulldog have been compelled to use green tea extracts and cucumber oils in their products as they help to soothe and moisturize the skin.
Segmentation by product and analysis of the aftershave lotion market
- Balms, moisturizers, and gels
Overview of the induction cooktop market in India
Technavio’s market research analyst predicts the induction cooktop market in India to grow at a CAGR of around 10% by 2020. Growing urbanization and the launch of efficient kitchen appliances with better safety features is significantly contributing to the increased adoption of induction cooktops in India. Consumers are opting for energy-efficient kitchen products that could help minimize utility bills and are relatively cost effective. Also, induction cooktops are relatively safer to use than LPG cylinders due to the absence of open flames. They can cook even at low temperatures and at reduced time and energy usage. With the rising prices of conventional cooking fuel, people are compelled to opt for alternatives like induction cooktops.
Vendors in the market are focusing on the development of improved quality products with added features to increase their revenue shares. They are also introducing induction cooktops with advanced auto cook features and multiple hot surfaces to gain market traction. Additionally, some manufacturers are coming up with eco-friendly and energy-efficient induction cooktops with additional benefits such as the inclusion of more burners, noiseless operations, and touchscreen functionalities. For instance, Morphy Richards has introduced its Chef Xpress 800 Induction Cooktop, which has different power levels that allow varying the cooking temperature and has six auto cook options and an auto off feature for safety purposes.
Segmentation by distribution channel and analysis of the induction cooktop market in India
- Hypermarkets, supermarkets, and convenience stores
- Specialty stores
- Cash and carry stores
- Online stores
Market outlook of the office stationery and supplies market in the US
Technavio’s market research analysts predict the office stationery and supplies market in the US to grow at a CAGR of approximately 1% between 2016 and 2020. A rise in IT integration and industry automation is affecting the growth of the market. This IT automation boom, in turn, is reducing the use of paper-based products in almost all companies in the US. The increasing use of computers, laptops, mobiles, personal digital assistants (PDAs), and other electronic devices in offices has reduced the requirement of many paper-based products like notebooks, writing pads, and phone message pads to a great extent in recent times.
The rising environmental concerns about deforestation and biodegradation is another challenge which would hinder the market growth during the forecast period. A large number of office stationery products are made of plastics and have a bio-hazardous effect on the environment by increasing the toxicity in the air, soil, or water. To control these environmental issues, the US government and many other organizations in the country have started implementing standards for the manufacture and sale of such plastic products.
Segmentation by product type and analysis of the office stationery and supplies market in the US
- Paper products
- Desk supplies
- Stationery/mailing supplies
- Computer/printer supplies
- Filing supplies
- Binding supplies
- Time tracking supplies
- Supplies for hanging Identification supplies
During 2015, the paper products segment held the largest share of the office stationery and supplies market in the US and is expected to continue leading the
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