Category Archives: Business Services

Footwear Market In India (2018-2023) | Aarkstore

Footwear

Aarkstore Market Research published the new epoch of Market Research Report “Footwear Market In India (2018-2023)

India footwear market

Currently, India is the second largest footwear manufacturer in the world after China. The footwear market consists of companies engaged in manufacturing, selling and marketing of different kinds of footwear and accessories to the end users, namely men, women and kids. Footwear has evolved from being a necessity, as protection for feet, to an accessory which has become a style statement for customers. The Indian footwear market is dominated by unorganized players but as consumer preference and buying behavior is changing, organized retail players are making space for themselves in the market. Of the total footwear produced, ~90% are consumed within the country while the remaining ~10% are exported mainly to the European nations which include the United Kingdom (UK), Germany, Italy and France.

With increasing internet penetration and rising popularity of the e-commerce market, footwear manufacturers, having a presence over the e-commerce ecosystem, are using the internet not only for driving sales but also to monitor consumer-buying behavior, and are accordingly offering a personalized experience to customers. Through e-commerce platforms companies also provide fast and convenient functional experience to customers like easy payment option, grievance management, after sales service and competitive pricing.

Market segmentation

The Indian footwear market is segmented by end user-wise sales, and type-wise Market segmentation in which casual footwear contributes chiefly to the total revenue.

Key growth factors

o Increase in disposable income and per capita income has revolutionized the consumers’ buying and spending pattern towards apparel and footwear. A greater proportion of the overall Indian population, which includes tier I and II cities as well as smaller towns, now have considerably higher spending power, as a result of which, expansion of the footwear market is gaining mass momentum.
o The emergence of organized retail and e-tailing plays a major role in the development of the Indian footwear market. The modern retailing has resulted in increased accessibility, evaluation of a large number of alternatives, and special offers and discounts to attract customers.

Threats and key players

o In India, the unorganized footwear market accounts for 85% of total market and give stiff competition to organised sector players. Unorganised players have a lot of advantages over organised players like lower sales tax and lower labor cost.
o Khadim India Limited, Liberty Shoes Limited, Relaxo Footwear Limited, Sreeleather Limited, Bata India Limited and Adidas India Private Limited are some of the major players operating in the Indian footwear market.

What is covered in the report?

1. Overview of the Indian footwear market
2. Historical, current and forecasted market size data for the Indian footwear market (2017 to 2023)
3. Qualitative analysis of the Indian footwear market and its segments (end-user wise sales, organized vs unorganized split, material wise segmentation, type-wise Market segmentation)
4. Trade analysis of the footwear market in India
5. Qualitative analysis of the major drivers and challenges affecting the market
6. Analysis of the competitive landscape and profiles of major players operating in the market
7. Key recent developments associated with the footwear market in India

Why buy?

1. Get a broad understanding of the footwear market in India, the dynamics of the market and current state of the sector
2. Strategize marketing, market-entry, market expansion and other business plans by understanding the factors driving growth in the market
3. Be informed regarding the key developments in the footwear market in India
4. Understand major competitors’ business strategies and market dynamics and respond accordingly to benefit from the market

For more inquiry contact our sales team at contact@aarkstore.com

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Contact Details:

Aarkstore Enterprise
Phone: +91 – 22 2756 4963
24/7 Online Support: +91 9987295242
Email: enquiry@aarkstore.com
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Our blog: https://www.aarkstore.com/blog

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North America Electric Vehicle Charging Station Market Opportunities And Forecast | Aarkstore

electric vehicle charging stations

Aarkstore Enterprise announced latest Market Research Report Titled “North America Electric Vehicle Charging Station Market Opportunities And Forecast

Executive Summary

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of North America Electrical Vehicle Charging Station Market. The report analyses the North America Electrical Vehicle Charging Station Market By Vehicle Type ¬(Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Equipment (Hardware, Software), By Charger Type (Slow Charger, Fast Charger), By Slow Charger Sub-Type (Level 1 AC Charger and Level 2 AC Charger), By Fast Charger Sub-Type (Level 3 AC Tri-phase, Level 3 DC Tri-phase). The report analyses the overall North America Electrical Vehicle Charging Station Market and also the individual markets of United States, Canada and Mexico. The report assesses the markets for the historical period of 2013-2017 and the forecast period of 2018-2023.

According to the research report “North America Electric Vehicle Charging Station Market (2018 Edition): Trends, Opportunities and Forecast (2013-2023) – Analysis By Vehicle Type ¬(Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Equipment (Hardware, Software), By Charger Type and Sub-Type (Slow Charger, Fast Charger)”, the North America Electric Vehicle Charging Station Market is projected to display a robust growth represented by a CAGR of 41.4% during 2018 – 2023, chiefly driven by high adoption of electrical vehicles in the region.

Moreover, high investments in manufacturing of new electrical vehicle charging stations. surging favorable government initiatives in the form of subsidies, generous incentives and rebates has further accelerated electrical vehicle charging station market.

United States has been leading the market share of around 90.3% in 2017 with Canada and Mexico expected to witness higher growth rate till 2023. Tightening fuel economy standards, high focus on electric vehicle sales and development of new electrical vehicles are some of the major factors driving the electrical vehicle charging station market of United States.

The report titled “North America Electric Vehicle Charging Station Market (2018 Edition): Trends, Opportunities and Forecast (2013-2023) – Analysis By Vehicle Type ¬(Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Equipment (Hardware, Software), By Charger Type and Sub-Type (Slow Charger, Fast Charger)” has covered and analysed the potential of North America Electrical Vehicle Charging Station and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the North America Electrical Vehicle Charging Station market. Additionally, the report also highlights market entry strategies for various companies across the region.

Scope of the Report

North America Electrical Vehicle Charging Station (Actual Period: 2013-2017, Forecast Period: 2018-2023
• North America Electrical Vehicle Charging Station Market– Size and Growth
• By Vehicle Type ¬- Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle
• By Equipment – Hardware and Software
• By Charger Type – Slow and Fast Charger
• By Slow Charger Sub-Type – Level 1 AC Charger and Level 2 AC
• By Fast Charger Sub-Type – Level 3 AC Tri-phase and Level 3 DC Tri-phase
• Company Share Analysis

Country Analysis – U.S, Canada, Mexico (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Electrical Vehicle Charging Station Market
• By Vehicle Type ¬- Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle
• By Equipment – Hardware and Software
• By Charger Type – Slow and Fast Charger
• By Slow Charger Sub-Type – Level 1 AC Charger and Level 2 AC
• By Fast Charger Sub-Type – Level 3 AC Tri-phase and Level 3 DC Tri-phase
•Company Share Analysis

Other Report Highlights
• Market Dynamics – Trends, Drivers, Challenges
• Policy and Regulatory Landscape
o Company Analysis – Tesla, Inc., EVgo, ABB, Blink Charging, SemaConnect, Inc., Clipper Creek, Inc., ChargePoint, Inc.
o Porter’s Five Forces Analysis
o SWOT Analysis

For more inquiry contact our sales team at contact@aarkstore.com

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Contact Details:

Aarkstore Enterprise
Phone: +91 – 22 2756 4963
24/7 Online Support: +91 9987295242
Email: enquiry@aarkstore.com
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Our blog: https://www.aarkstore.com/blog

Global IoT In Automotive Market (2018-2023) | Aarkstore

Global IoT

Aarkstore Enterprise announced latest Market Research Report Titled “Global IoT In Automotive Market (2018-2023)

The Internet of Things (IoT) allows access of things from a remote place through computing devices and network communications, guarantees enhanced accuracy and efficiency to send and receive data without much human interaction, and helps accelerating the integration of the world into computer based systems. The adoption of IoT is reshaping the automotive sector in an extensive way. It is enabling the vehicles to connect with the outside world and enhancing driver as well as rider experience. Connected vehicles are very much in demand and they are now being equipped with a wide range of applications and value-added services like self-driving and real-time traffic alerts to improve the overall driving experience, thereby, making the automotive sector one of the most favorable sectors for the IoT to flourish. According to Netscribes, the global IoT in automotive market is projected to grow at a compound annual growth rate (CAGR) of 27.55% leading to a global revenue of USD 104.16 Bn by 2023.

Approximately 100 Mn new registrations of cars are going to take place by 2025 and integrated IoT telematics in cars is expected to be augmented by about 88% in new cars. Integrated IoT solutions are projected to proliferate widely due to the increasing usage of smartphones and the growing popularity of apps. The vehicle-to-vehicle (V2V) communication form is being developed rapidly across the globe with the help of IoT. It allows vehicles on the road to communicate with each other by sharing data about speed, road conditions and other factors through ad-hoc networks created among vehicles. The in-vehicle communication segment has seen great acceptance among consumers. Developed countries like North America and Europe are focusing on reducing road risks and crashes through V2V and vehicle-to-infrastructure (V2I) using IoT.

The IoT in automotive market is classified into three primary segments:
– based connectivity form: tethered, integrated, embedded
– based on communication type: vehicle to vehicle, in-vehicle, vehicle to infrastructure
– based on application: navigation, telematics, and infotainment

Within the communication type, the vehicle-to-vehicle segment is expected to register a high growth rate through the forecast period of 2018-2023 as many IoT providers are looking to improve driving conditions and prevent road accidents by letting one vehicle to transfer speed and position data to the other over the internet.
The market is also segmented by regions North America, Europe, Asia- Pacific, Latin America and The Middle East and Africa. Asia-Pacific is anticipated to have the highest CAGR during the forecasted period.

Key growth factors

High demand for connected cars is being witnessed all over the globe. The global number of cars on the road is expected to double by 2040 and of this at least 80%-90% are expected to be cars connected through IoT. The sensors in the car will be able to constantly communicate with the manufacturer to send data on the status of components in real-time which the manufacturers can analyze to derive meaningful information.
Also, due to the increase in disposable income of people, infotainment services inside the car are also becoming very important to them. People expect their digital lifestyles to be extended into their cars with the help of IoT, etc. These are expected to accelerate the market.

Threats and key players

The car companies need to spend more on educating users about the advanced technologies in their automotive vehicles. To do so they have to invest in training and provide easy to understand manuals. This might pose as an initial roadblock to the adoption of IoT in automotive.
Given the fact that it is a new technology, it is often not cost effective to adopt unless a proper business model is set up for the proper utilization of it. Lack of a sound business model to monetize the IoT applications in automotive may hinder the growth of the market. Also, internet access and speed are not the same across all places in the world. So, adoption is expected to be slow in low internet penetrated regions.
Major IoT providers in automotive operating in the market are Cisco, Ford, IBM, Microsoft, AT&T, etc.

What is covered in the market report?

1. Overview of the global IoT in the automotive market.
2. Market drivers and challenges in the global IoT in the automotive market.
3. Market trends in the global IoT in the automotive market.
4. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by connectivity form (tethered, integrated, embedded) – by revenue (USD Bn).
5. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by communication type (vehicle-to-vehicle, in-vehicle, vehicle-to-infrastructure) – by revenue (USD Bn).
6. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by application (navigation, telematics, infotainment) – by revenue (USD Bn).
7. Historical, current and forecasted regional (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) market size data (USD Bn) for the global IoT in the automotive market and its segmentations by connectivity form (tethered, integrated, embedded), by communication type (vehicle to vehicle, in-vehicle, vehicle to infrastructure), and by application (navigation, telematics, infotainment).
8. Analysis of the competitive landscape and profiles of major companies operating in the market.

Why buy?

o Understand the demand for IoT in the automotive market to determine the viability of the market.
o Determine the developed and emerging markets where IoT for automotive market is provided.
o Identify the challenge areas and address them.
o Develop strategies based on the drivers, trends and highlights for each of the segments.
o Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
o Recognize the key competitors of this market and respond accordingly.
o Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
o Define the competitive positioning by comparing the products and services with the key players in the market.

For more inquiry contact our sales team at contact@aarkstore.com

Related Reports:

Asia-Pacific IoT in Automotive Market (2018-2023)
Europe IoT in Automotive Market (2018-2023)
Latin America IoT in Automotive Market (2018-2023) Middle East and Africa IoT in Automotive Market (2018-2023) North America IoT in Automotive Market (2018-2023)

Contact Details:

Aarkstore Enterprise
Phone: +91 – 22 2756 4963
24/7 Online Support: +91 9987295242
Email: enquiry@aarkstore.com
Our website: https://www.aarkstore.com
Our blog: https://www.aarkstore.com/blog

Global Induction Cooktop Market: 2018 World Market Review and Forecast to 2023 | Aarkstore.com

Induction Cooktop

Aarkstore Enterprise announced latest Market Research Report Titled “Global Induction Cooktop Market

Executive Summary

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Induction cooktop Market. The global induction cooktop market has been analysed by Type (Built-in and Freestanding), By Sales Channel (Retail outlets and Online), By Region (North America, Europe, Asia Pacific and Rest of the world) and By Country (U.S., Canada, Mexico, Germany, France, Denmark, India, China and Japan). The global induction cooktop market has been assessed for the actual period 2013-2018 and the forecast period of 2018-2023.

“Global Induction Cooktop Market: 2018 World Market Review and Forecast to 2023 – Analysis By Type (Built-In, Freestanding), By Sales Channel (Retail Outlets, Online), By Region, By Country (2013-2023)” global market is projected to display a robust growth represented by a CAGR of 6.53% during 2018 – 2023.

The built-in induction cooktop segment witnessed growth at a noteworthy rate over the past few years and in the forecast period due to of increasing adoption of western culture, conscientious about smart kitchen appliances and rising adoption of modular kitchen. During 2018-23, Induction Cooktop Market is anticipated to grow at an increased rate due to up surge in the replacement of cooking appliances, proliferating trend of cooking as a social activity and effective advertisement and marketing by key players across the globe. Amongst the regions, Europe accounts for the largest regional share in the global Induction Cooktop market in 2018. Key factors driving the robust growth rate of Europe region include surging per capita expenditure, technological advancement in cooking appliances, rising cognizance about the usage of energy efficient appliances, improving lifestyles of consumers etc. are driving the demand of Induction Cooktops in the market.

The report titled “Global Induction Cooktop Market: 2018 World Market Review and Forecast to 2023 – Analysis By Type (Built-In, Freestanding), By Sales Channel (Retail Outlets, Online), By Region, By Country (2013-2023)” has covered and analysed the potential of Global Induction Cooktop Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Induction Cooktop market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Scope of the Report

Global Induction Cooktop Market, By Value (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Induction Cooktop Market – Size, Growth, Forecast
• Analysis By Type (Built-In, Freestanding)
• By Sales Channel (Retail Outlets, Online)

Regional Markets – North America, Europe, APAC and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Induction Cooktop Market – Size, Growth, Forecast
• Analysis By Type (Built-In, Freestanding)
• By Sales Channel (Retail Outlets, Online)

Country Analysis – U.S., Canada, Mexico, Germany, France, Denmark, India, China and Japan (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Induction Cooktop Market – Size, Growth, Forecast
• Analysis By Type (Built-In, Freestanding)
• By Sales Channel (Retail Outlets, Online)

Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• Porter Five Force Analysis
• Pricing Analysis
• Competitive Landscape
• Company Analysis – The Vollrath Company, TTK Prestige Limited, Smeg,Electrolux AB, Panasonic Corporation, LG Electronics, Hatco Corporation, Fulgor Milano, Bajaj Group, Whirlpool Corporation

Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

For more inquiry contact our sales team at contact@aarkstore.com

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Global Oleoresins Market, By Product (Paprika, Black Pepper, Capsicum, Turmeric, Ginger, Onion and Others), By Application (Food and beverage, Flavours, Pharmaceuticals and Others), By Region (North America, Europe, APAC and ROW), By Country (U.S, Canada, Mexico, U.K, Germany, Spain, India, China, Japan, Brazil)

Global Polyurethane Market: Analysis By Product Type (Rigid Foam, Flexible Foam, Coatings, Adhesives and Sealants, Elastomers), End-Use (Furniture, Construction, Electronics and Appliances, Automotive, Footwear, Packaging), By Region, By Country (2018 Edition): Forecast to 2023

Global Premium Vegetable Oils Market (Value, Volume): Analysis By Type (Canola, Olive, Sunflower and Peanut Oil), By Region, By Country (2018 Edition): Forecast to 2023 – By Region (North America, Europe, APAC, ROW), By Country (U.S., Canada, Mexico, Spain, Italy, India, China, Japan, Australia)

Global Coiled Tubing (CT) Market: Analysis By Active CT Fleet, Application (Well Intervention, Drilling, Completion), Location(Onshore, Offshore), By Region, By Country (2018 Edition) – Forecast to 2023

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Email: enquiry@aarkstore.com
Our website: https://www.aarkstore.com
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India Chocolate Market Outlook, 2023 | Aarkstore

India Chocolate

Aarkstore Enterprise announced latest Market Research Report Titled “India Chocolate Market Outlook, 2023”

India Chocolate Market Outlook, 2023 gives a comprehensive analysis on the Chocolate industry of India. In India, the hygiene products market has shown an explosive growth in recent years. The key growth drivers of chocolate industry in India are tradition of gifting sweets, shifting in consumer preference from traditional mithai to chocolates, rising income levels and attractive pricing which is suitable for every pocket. The urban India and tier I, II cities have woken up to the fad of chocolate being considered as a gift proposition. While even till few years back sweets were the only option in delicacy gifting, overt media exposure and smart marketing techniques have positioned chocolates as an alternative.

According to report, India Chocolate Market Outlook, 2023, total chocolate market has grown with 18% CAGR from 2011-12 to 2016-17 in value terms. In volume terms, it is predicted to have growth rate around XX% during forecast period. Total chocolate market is segmented into two broad categories i.e. Mass and Premium. It has three product viz. Dark chocolate, White chocolate and Milk chocolate. Milk chocolates have been always popular in India and contribute more than 70% of the total chocolate market.

Covered in the report:

• India chocolate Market
• India Milk Chocolate
• India White Chocolate
• India Dark Chocolate
• India Mass Chocolate
• India Premium Chocolate

“India Chocolate Market Outlook, 2023” discusses the following aspects of Chocolate in India:

– Global Chocolate Market Size By Value & Forecast
– North America Chocolate Market Size By Value & Forecast
– Asia Pacific Chocolate Market Size By Value & Forecast
– Europe Chocolate Market Size By Value & Forecast
– Global Chocolate Segmental Analysis: By Region, By Company
– India Chocolate Market Size By Value & Forecast
– India Milk Chocolate Market Size By Value, Volume & Forecast
– India Dark Chocolate Market Size By Value, Volume & Forecast
– India White Chocolate Market Size By Value, Volume & Forecast
– India Mass Chocolate Market Size By Value, Volume & Forecast
– India Premium Chocolate Market Size By Value, Volume & Forecast
– India Chocolate Segmental Analysis: By Type, By Company, By Brand, By Region
– Key Vendors in this market space
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Chocolate in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.


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Contact Details:

Aarkstore Enterprise
Phone: +91 – 22 2756 4963
24/7 Online Support: +91 9987295242
Email: enquiry@aarkstore.com
Our website: https://www.aarkstore.com
Our blog: https://www.aarkstore.com/blog

Global Nutritional Supplement Market (2018-2023) | Aarkstore

Nutritional Supplement Market

Aarkstore Enterprise announced latest Market Research Report Titled “Global Nutritional Supplement Market (2018-2023)

Global nutritional supplement market

Nutritional supplement are substances that provide adequate amounts of essential nutrients required for the better functioning of human bodies. It contains vitamins, proteins, herbs, meal supplements, sports nutrition and other related products that are used to improve the nutritional content of the diet. They are added to the diet to boost the overall health and energy, to provide support to the immune system and to reduce the risk of illness. The global nutritional supplement market is expected to expand at a CAGR of 10.01%, leading to a global revenue of USD 245.43Bn by 2023.

The nutritional supplement market is segmented on the type of ingredients (vitamins, proteins, amino acids, enzymes and botanicals) and end users (infants and adults). Asia-Pacific is the fastest growing region for the nutritional supplement market due to the growing demand in China, Japan and India.

Key growth factors

The increasing consumer awareness for healthy living and healthy diet, increasing urbanization and changing lifestyles, prevention of diseases , awareness towards weight management among working professionals, development in the retail and pharmaceutical industries, innovation in product offerings, modernization of retail channels are some of the key factors that are driving the nutritional supplement market.

Threats and key players

Although the nutritional supplement market is expected to have a positive growth worldwide, factors such as lack of awareness about the consumption of dosage of nutrition supplements, negative publicity, fake product claims may hinder the growth of the market.
Some of the major players in the nutritional supplement market are Amway Corporation, Abbott Laboratories, Herbalife International, DSM, Nestle Nutritionals, Bayer, GlaxoSmithKline Limited, Glanbia Plc, Archer Daniels Midland Company, Arkopharma Laboratories.

What is covered in the report?

1. Overview of the global nutritional supplement market.
2. Market drivers and challenges in the global nutritional supplement market.
3. Market trends in the global nutritional supplement market.
4. Historical, current and forecasted market size data for segments based on type of ingredients (vitamins, proteins, amino acids, enzymes and botanicals).
5. Historical, current and forecasted market size data for segments based on end users (infants, adults).
6. Historical, current and forecasted market size data for segments based on geography (North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa).
9. Analysis of the competitive landscape and profiles of the major companies operating in the market.

Why buy?

o Understand the demand for global nutritional supplements to determine the viability of the market.
o Identify the developed and emerging markets where nutritional supplements are sold.
o Identify the challenge areas and address them.
o Develop strategies based on the drivers, trends and highlights for each of the segments.
o Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
o Recognize the key competitors of this market and respond accordingly.
o Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
o Define the competitive positioning by comparing the products and services with the key players in the market.

Related Reports:

Contact Details:

Aarkstore Enterprise
Phone: +91 – 22 2756 4963
24/7 Online Support: +91 9987295242
Email: enquiry@aarkstore.com
Our website: https://www.aarkstore.com
Our blog: https://www.aarkstore.com/blog

Bedroom Furniture 2018 | Aarkstore

Bedroom Furniture 2018.jpg

Aarkstore Enterprise announced latest Market Research Report Titled “Bedroom Furniture 2018

Summary

The “Bedroom Furniture 2018”, report offers comprehensive insight and analysis of the bedroom furniture market (including forecasts up to 2023), the major players, the main trends, and consumer attitudes. It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer data and future outlook. The report focuses on beds, mattresses and other bedroom furniture. Consumer data is based on our 2018 UK bedroom survey, using a panel of 2,000 nationally representative consumers.

Bedroom furniture remains furniture’s most resilient sub-sector, supported by bed replacements being rarely deferred. The growing awareness of the health benefits of mattresses is seeing customers more willing to trade up. Growth in part-furnished rental properties is encouraging small furniture sales, while the shrinking sizes of UK homes means greater desire for innovative storage solutions. With the big players investing extensively on e-commerce, and smaller pureplays, such as Wayfair, seeing their profiles rise, online sales continue to grow rapidly. By 2023 they are forecast to be 30.5% of all spending, up from 21.8% in 2018.

Scope

– By 2023, over 30% of spend in bedroom will occur online as customers become more confident about making larger purchases online, including mattresses and retailers develop their multichannel offer.
– Dreams has overtaken Bensons for Beds as the UKs largest bedroom specialist, a spectacular turnaround after being bought out of pre-pack administration in 2013.
– 61.1% of mattress shoppers that did not buy through a pureplay would buy a mattress online without testing it as its 100 night trial and positive word of mouth from consumers encourages customers to try.

Reasons to buy

– Using our five year forecasts to 2023, learn which subcategories in the bedroom furniture market will be the fastest performing to ensure more focus and investment in these winning product areas.
– Understand how drivers of bedroom furniture, such as price, quality, design and innovation, change in importance among different demographics in order to maximise sales potential.
– Gain a better understanding of the customer shopping journey for bedroom furniture and understand how online is changing this journey
– Recognise the issues within the burgenoing mattress-in-a-box sector using consumer data and how multichannel retailers can capitalise on the growth in this sector
– See which retailers are set to gain share in 2018 and beyond and the reasons behind this.


Related Reports:

Contact Details:

Aarkstore Enterprise
Phone: +91 – 22 2756 4963
24/7 Online Support: +91 9987295242
Email: enquiry@aarkstore.com
Our website: https://www.aarkstore.com
Our blog: https://www.aarkstore.com/blog

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