ReleaseWire Connect

Fact.MR's latest report projects that the global golf apparel market will surge at a steady CAGR of little under 4% during the forecast period (2017-2026). Over the years, popularity of golf has reached new heights. The youth generation is finding the modern version of the sport quite appealing and trendy. This, in turn, is influencing the participation rate. The number of golf players has grown to a significant extent over the past couple of decades. Rising popularity of golf in various parts of the world is resulting in greater involvement of individuals both in passive viewing and active participation. In addition, growing number of pro-golf tournaments and greater media coverage is playing a crucial role in putting golf in the bracket of prominent sports in the world. Factors as such are expected to drive the demand for golf apparels in the forthcoming years. As per Fact.MR's report, global market for golf apparel will stand at over US$ 6,600 Mn by 2026-end. Also, development of new courses has provisioned greater access to the sport making it less expensive and exclusionary.

Reducing mechanical work in various industries and performing tasks with less effort is resulting in the increasing use of gears. With the increasing demand for gears, manufacturers are producing gears that are easy to install, reliable, compact and can help in transmitting a huge amount of power. Increasing use of electromechanical machinery and plant automation is resulting in the growing demand for gears. Manufacturers are also working towards developing gears that can withstand heavy loads, leads to low noise emission, and with increased service life. However, the high maintenance cost of gears is one of the major factor hampering the gear demand. Hence, with advancement in technology, companies are focusing on designing gears that produce less heat, and noise, thereby increasing life-cycle of gears.

For the forecast period, 2017 to 2026, Fact.MR has projected a moderate expansion for the global orthopedic power tools market in its recent report. Global sales of orthopedic power tools are estimated to reach approximately US$ 2,500 Mn in revenues by 2026-end.

Fact.MR's latest report reveals that the global aluminium bag and pouches market is set to stand at over US$ 4,300 Mn by 2022-end, expanding at an above-average CAGR between 2017 and 2022. Increasing importance of longer shelf-life of consumer goods couple with rising popularity of convenience packaging is expected reflect favourably on the global sale of various aluminium packaging items including pouches and bags. Over the years, application of aluminium packaging has significantly increased across domains (pharmaceutical, F&B, and personal care & cosmetics). This is primarily due to the product's exceptional efficiency. Factors as such are expected to support the growth of the market in the forthcoming years.

The global vacuum cleaners market is boosted by a high disposable income and better facilities for infrastructure being provided nowadays. Also, there is an increasing demand for automated and less time-consuming cleaning solutions is driving the vacuum dust filters market. Moreover, there is an increase in the urban population and improvement in the standards of living in the developing economies which also support the market growth of vacuum cleaners. In addition, there is an increasing demand for energy-efficient vacuum cleaners in the market. Filters are a critical component of vacuum cleaners. Due to all these above mentioned factors, the market for vacuum dust filters market is also poised to exhibit a decent growth.

Growing prevalence of chronic disorders is projected to contribute towards the global market growth of self-administered medication. In addition, increasing collaboration among the manufacturers is projected to impact the global market growth of self-administered medication. Fact.MR states that the global market of self-administered medication is projected to reflect a CAGR of 8.5% over the forecast period, 2017-2026.

Growing prevalence of neurological diseases has led to surge in demand for managing mental disorders. In addition, Manufacturers are increasingly focusing on incorporating advanced features in the medical devices for the treatment of the neurological diseases, which is projected to impact the global market growth of movement disorder. Fact.MR states that the global market of movement disorder is projected to reflect a CAGR of 11.1% over the forecast period, 2017-2026.

Rapid urbanization and growing old population continues to contribute towards the global market growth of funeral products & services. In addition, growing need to perform euthanasia is projected to impact the global market growth of funeral products & services positively. Fact.MR states that the global market of funeral products & services is projected to reflect a CAGR of 16.7% over the forecast period, 2017-2022.

Growing prevalence of knee and foot injury has led to an increasing demand for orthopedic braces globally. In addition, increasing incidences of fractures, ruptured or bulging disks, scoliosis and back pains due to heavy or improper lifting is further expected to impact growth of the global orthopedic braces & support system positively. Fact.MR states that the global market of orthopedic braces & support system is projected to register a CAGR of 5.1% over the forecast period, 2017-2022.

Typically, wood was used in the past for the making of sports flooring. However, due to the progress in technology and advancements in material science, the sports flooring is increasingly made up of engineered timber a various synthetic surfaces. There are a number of factors that need to be considered while making sports flooring. Some of them include shock absorption, the quantum of impact that is absorbed by the sports floor. Also, vertical deformation and rolling load need to be considered. In addition, the ball rebound quantum and the level of grip that the sports floor possesses is also important.