According to a new report published by Allied Market Research titled, “Functional Apparel Market by Nature and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the functional Apparel market size was valued at $282.30 billion in 2018 and is expected to reach $505.80 billion by 2026, registering a CAGR of 7.7% from 2019 to 2026. In 2018, Europe accounted for nearly 30.2% share of the functional apparel market.
Functional apparels are among the main types of technical textiles clothing that are receptive to new product development and technologies. The emergence of functional clothing has been fueled by recent breakthrough and advances of technical fibers and fabrics materials that are being used.
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Millennials tend to take a more holistic approach to health and wellness factor. They are active and always keen to indulge in fitness oriented activities. Fitness has become an integral part of one’s daily routine. Considering millennials’ perception on fitness, functional apparel manufacturers have successfully built an emotional connect between their products and customer. These customers specifically seek for apparels that promote an active lifestyle. Hence rise in number of millennials turns out to be an influential trend.
The extensive advantages offered by active wear such as water resistance, bi-stretchable function, anti-bacterial fabric, wicking function, and others, and surge in participation of customers in physical and fitness activities act as the key driving factors of the global market. Moreover, female consumer base for active wear is increasing, owing to holistic approach of female customers toward sports and fitness. Likewise, increase in adoption of athleisure wear as work or street wear propels the growth of the overall market. Furthermore, rise in disposable income and increase in fitness concerns significantly contribute toward the functional apparel market growth.
However, volatile cost of raw materials and inflated cost of designing lead to high cost of the final product. This hampers the sales of the product among product type-sensitive customers, thereby restraining the market growth. Moreover, presence of counterfeit brands results in safety issues and inconvenience for consumers, which hamper the growth of the market. Hence volatile raw material cost hampers the market during the functional apparel market forecast.
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The global functional apparel market analysis is segmented into product type, application, distribution channel, and region. Based on product, the market is segmented into sportswear, active wear, protective clothing and others. Based on application, the market is segmented into sports industry, outdoor clothing and healthcare. Based on distribution channel, the market is segmented into offline and online. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA).
Key Findings of the Study:
- In 2018, based on product type, the sportswear segment accounted for around higher value Functional apparel market share.
- In 2018, based on application, the sports industry segment accounted for 38.3% share of the market.
- In 2018, based on distribution channel, the offline segment accounted for higher share of the Functional apparel market.
- In 2018, based on region, Europe accounted for a prominent market share and is anticipated to grow at a significant rate during the forecast period.
Key players operating in the functional apparel industry include Puma, Nike, Under Armour, Adidas, Lululemon Athletic, Asics Corporation, Columbia Sportswear Company, Gap Inc., North Face, Phillips-Van Heusen Corporation, and others.
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According to a new report published by Allied Market Research titled, “Functional Apparel Market by Nature and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the functional Apparel market size was valued at $282.30 billion in 2018 and is expected to reach $505.80 billion by 2026, registering a CAGR of 7.7% from 2019 to 2026.
In 2018, Europe accounted for nearly 30.2% share of the functional apparel market.Functional apparels are among the main types of technical textiles clothing that are receptive to new product development and technologies.
The emergence of functional clothing has been fueled by recent breakthrough and advances of technical fibers and fabrics materials that are being used.Millennials tend to take a more holistic approach to health and wellness factor.
Hence rise in number of millennials turns out to be an influential trend.Ask for sample copy of this report@: https://www.alliedmarketresearch.com/request-sample/6449The extensive advantages offered by active wear such as water resistance, bi-stretchable function, anti-bacterial fabric, wicking function, and others, and surge in participation of customers in physical and fitness activities act as the key driving factors of the global market.
Moreover, female consumer base for active wear is increasing, owing to holistic approach of female customers toward sports and fitness.
This hampers the sales of the product among product type-sensitive customers, thereby restraining the market growth.
Allied Market Research published a report, titled, "Plastic Compounding Market Forecast by Polymer Type (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polystyrene (PS) and Expanded Polystyrene (EPS), Polyethylene Terephthalate (PET), Polyurethane (PU), Acrylonitrile Butadiene Styrene (ABS), and Other Polymers) and End Use (Automotive, Building & Construction, Packaging, Electrical & Electronics, Medical, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026."
The report offers an in-depth analysis of top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.Click Here To Access The Sample Report @ https://www.alliedmarketresearch.com/purchase-enquiry/5288Increase in production of lightweight automobiles and surge in infrastructure development have fueled the growth of the global plastic compounding market.
This is owing to the increased customer focus on hygiene, protection, contamination, and ease of transportation.
Europe, on the other hand, is projected to grow at the fastest CAGR of 6.7% through 2019– 2026.Key market players-Leading market players analyzed in the report include BASF SE, Celanese Corporation, SABIC, Covestro AG, Kingfa Sci.
They have adopted a number of high-end strategies to heighten their stand in the market.Obtain Report Details: https://www.alliedmarketresearch.com/plastic-compounding-marketAbout Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon.
AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
Allied Market Research recently published a report, "Electron Beam Physical Vapor Deposition Coating Market by Source (Single and Multiple), and Application (Thermal Barrier Coatings, Anticorrosive coating, and Others), and End user (Automotive, Medical, Electrical & Electronics, Power, Optical, and Others): Opportunity Analysis and Industry Forecast, 2020–2027".
According to the report, the global electron beam physical vapor deposition coating industry generated $1.8 billion, and is projected to garner $2.8 billion by 2027, growing at a CAGR of 5.9% from 2020 to 2027.Drivers, restraints, and opportunities: Increase in healthcare expenditure and growth of the global electronics industry have boosted the the global electron beam physical vapor deposition coating market.
However, availability of alternatives hampers the market.
On the contrary, development of plasma spray-physical vapor deposition (PS-PVD) is expected to offer lucrative opportunities for the market players.Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4759COVID-19 scenario:Lockdown in various countries and shortage of labor have temporarily suspended the manufacturing of advanced materials.Dearth of raw materials and disrupted supply chain have affected the manufacturing of electron beam physical vapor deposition coating.The anticorrosive coating segment to manifest highest CAGR through 2027: By application, the anticorrosive coating segment is expected to register the highest CAGR of 6.8% from 2020 to 2027.
However, the thermal barrier coatings segment held the largest share in 2019, accounting for more than three-fifths of the global electron beam physical vapor deposition coating market, owing to increase in demand for efficient aero engines and power turbines operating at higher temperatures.Get Detailed COVID-19 Impact Analysis on the Electron Beam Physical Vapor Deposition Coating Market: https://www.alliedmarketresearch.com/request-for-customization/4759?reqfor=covidThe automotive segment held the largest share: By end user, the automotive segment held the largest share in 2019, contributing to more than one-fourth of the global electron beam physical vapor deposition coating market.
Moreover, the region held the largest share in 2019, accounting for nearly half of the market, due to presence of leading end users of EB-PVD coatings such as Electronics, medical, and automotive.Major market playersAMG Advanced Metallurgical Group N.V.Applied Materials Inc.Angstrom Engineering Inc.Ferrotec Holdings CorporationDenton Vacuum LLCPolyteknik ASIntlvac Thin Film CorporationSemicore Equipment Inc.PVD Products Inc.Vaksis R and EngineeringInterested in Procuring this Report?
Allied Market Research published an exclusive report, titled, “Bronopol Market: Global Opportunity Analysis and Industry Forecast, 2020-2027”.
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Download Sample Report (Get Full Insights in PDF - 200+ Pages) @https://www.alliedmarketresearch.com/request-sample/11435 The market is studied based on a variety of factors that impact the performance of the market across various regions such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
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According to the report, the global recycled asphalt industry was estimated at $7.1 billion in 2019, and is anticipated to hit $10.4 billion by 2027, registering a CAGR of 5.9% from 2020 to 2027.Drivers, restraints, and opportunities-Several environmental and economic benefits from using recycled asphalt drive the growth of the global recycled asphalt market.
However, development in custom solutions and technologies is expected to create lucrative opportunities in the industry.Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/9820Covid-19 scenario-The outbreak of the pandemic led to sharp decline in the infrastructural and construction activities across the world, which in turn set off an overall deceased demand for recycled asphalt from several industry verticals.
This factor impacted the global market negatively.However, with several government bodies coming along with relaxations on the existing regulations, the global recycled asphalt market is expected to revive its position soon.The hot recycling segment to dominate by 2027-Based on type, the hot recycling segment accounted for more than three-fifths of the global recycled asphalt market share in 2019, and is projected to lead the trail by the end of 2027.
Simultaneously, the road aggregate for unpaved roadways segment would grow at the fastest CAGR of 6.4% from 2020 to 2027.Get Detailed COVID-19 Impact Analysis on the Recycled Asphalt Market @ https://www.alliedmarketresearch.com/request-for-customization/9820?reqfor=covidNorth America to rule the roost-Based on region, North America generated the major share in 2019, holding more than two-fifths of the global recycled asphalt market, owing to rising application of recycled asphalt in reconstruction, resurfacing, and base development activities in the continent.
The region across Asia-Pacific, on the other hand, would exhibit the fastest CAGR of 6.4% throughout the forecast period.Key players in the industry-Tokuyama CorporationEvonik Industries AGMerck Millipore LimitedNippon Chemical Industrial Co. Ltd.PQ Group Holdings Inc.Occidental Petroleum CorporationCIECH S.A.Sinchem Silica Gel Co. Ltd.Shijiazhuang Shuanglian Chemical Industry Co. Ltd.Kiran Global Chem Limited.Interested in Procuring This Report?
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions."
A cruise ship is a passenger ship where the trip and ship amenities itself are a part of a luxurious experience.
However, the high costs associated with cruises and clean sailing through strict regulations act as restraints for the market growth.
By type the market is divided into adventure cruises, Christmas cruises, classic cruises, contemporary cruise, family cruises, LGBT cruises, luxury cruises, ultra-luxury cruises, and river cruises.
Geographically, it has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.Prominent players profiled in the report include Hyundai Heavy Industry Co. Ltd, Dsme Co. Ltd, Samsung Heavy Industries Co. Ltd., Meyer Werft Gmbh & Co. Kg, Fincantieri S.P.A., Mitsubishi Heavy Industry.
Ltd., Oshima Shipbuilding Co. Ltd., China State Shipbuilding Corporation, MV WERFTEN Wismar GmbH, and Mediterranean Shipping Company S.A.Key BenefitsThis report provides an extensive analysis of the current & emerging market trends and dynamics in the cruise market report.In-depth analysis has been carried out by constructing market estimations for key market segments between 2017 and 2023.The report provides a quantitative analysis of the current trends and future estimations from 2017 to 2023, which helps identify prevailing market opportunities.Competitive intelligence of the industry helps understand the competitive scenario across geographies.Get detailed COVID-19 impact analysis@ Request For Customization >>> https://www.alliedmarketresearch.com/request-for-customization/2874?reqfor=covidCruise Market Key Segments:TypeAdventure cruisesChristmas cruisesClassic cruisesContemporary cruiseFamily cruiseLGBT cruiseLuxury cruisesUltra-luxury cruisesRiver cruisesGeographyNorth AmericaU.S.CanadaMexicoAsia-PacificChinaJapanIndiaAustraliaRest of Asia-PacificEuropeUKGermanyFranceRussiaRest of EuropeLAMEALatin AmericaThe Middle EastAfricaInterested in Procuring this Report?
Ltd.Oshima Shipbuilding Co. Ltd.MV WERFTEN Wismar GmbHChina State Shipbuilding CorporationAbout Allied Market Research:Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon.
