• American Airline is a major US airline. It is one of the largest airlines in the world and flies to many places around the world. Its main hub at Dallas/Fort Worth International Airport is (DFW), but it also has many other bases throughout the country. American Airline, along with its regional brand American Eagle, flies more than 350 destinations.

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    American Airline is a major US airline. It is one of the largest airlines in the world and flies to many places around the world. Its main hub at Dallas/Fort Worth International Airport is (DFW), but it also has many other bases throughout the country. American Airline, along with its regional brand American Eagle, flies more than 350 destinations. https://www.flysair.com/american-airlines
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  • ‘Centuries of history lost’: Armenians describe journey to safety after fall of Nagorno-Karabakh.
    Terrified families fleeing in fear of ethnic cleansing after the collapse of Nagorno-Karabakh are running out of water and fuel during the desperate two-day journey to neighbouring Armenia.

    More than 90,000 Karabakh Armenians – around three-quarters of the total population – have now left their homes in the breakaway enclave, which is internationally recognised as being part of Azerbaijan.

    The United Nations fears the fall of the region could mean there will eventually be no Armenians left in Nagorno-Karabakh, prompting concerns of ethnic cleansing. It is the largest exodus of people in the South Caucasus since the collapse of the Soviet Union.

    The breakaway area – also known by Armenians as Artsakh – had enjoyed de facto independence for three decades before Azerbaijan launched a lightning military operation earlier this month. It forced separatist forces to lay down their weapons and agree to formally dissolve the breakaway government.

    Fearing reprisals, as Baku’s forces moved into the main cities and arrested Armenian officials, hungry and scared families packed what few belongings they could into cars and trucks and left their homes for good.

    Valeri, 17, fled the village of Kichan, 70km (43 miles) north of the Armenian border with his family and neighbours. In total, they squeezed 35 people into a Ford Transit and made the four-day journey to safety, sitting on top of each other and sleeping in shifts.

    Families hitched lifts on the back of trucks as they fled Nagorno-Karabakh (Handout)
    Families hitched lifts on the back of trucks as they fled Nagorno-Karabakh (Handout)
    “We couldn’t take anything with us because the shelling was too intense as we escaped,” he told The Independent.

    They had to hide in a large waste water pipe to escape artillery fire, he said. In the chaos, families were separated and the poor mobile coverage in the mountainous regions means they are still trying to reconnect.

    His family has been forced to move six times since the early 1990s and, like so many Armenians, find themselves homeless again.

    “I don’t think it’s possible to go back to Kichan, even if we could go back everything will be wrecked or stolen,” he said.

    Others described a 40km (25 miles) stretch of hairpin road to Armenia at a near standstill, with some vehicles breaking down for a lack of fuel. In the lead-up to Azerbaijan’s operation, Baku had imposed a 10-month blockade on the enclave leading to chronic shortages of food and petrol supplies.

    “All you can see is a sea of cars stretching to the horizon, people are cooking by the side of the road,” said Gev Iskajyan, 31, executive director of the Armenian National Committee of Artsakh, as he arrived exhausted in the Armenian capital Yerevan. He fled the region’s main city Stepanakert, or Khankendi as it is known in Azerbaijan, fearing he could be arrested if he stayed.

    “Resources are so scarce there, people are running out of water and fuel on the road along the way out. If anything happens to children and the elderly, no one can get to them. Ambulances can’t move,” he told The Independent.

    He said most families believed they would not ever be able to return home and that this was the end of Armenian presence.

    “It weighs heavy. Nagorno-Karabakh isn’t just a place, it is a culture, it has its own dialect,” he said. “You look at the people in the back of trucks, they have to fit their entire life in a single box, they can’t bring everything, they can’t go back, it breaks your heart.

    “It is centuries of history lost.”

    Nagorno-Karabakh isn’t just a place, it is a culture, it has its own dialect

    Gev Iskajyan, an Armenian advocate who fled to Yerevan

    The centuries-old conflict that has raged through the disputed enclave of Nagorno-Karabakh remains the longest-running in post-Soviet Eurasia.

    The 4,400-square-kilometre territory (1,700 square-miles) is officially part of Azerbaijan but after a bloody war following the dissolution of the USSR in the 1990s, the region’s Armenian-majority population enjoyed state-like autonomy and status.

    That changed in 2020 when Azerbaijan, backed by Turkey, launched a military offensive and took back swathes of territory in a six-week conflict that killed thousands of soldiers and civilians. Russia, which supports Armenia, brokered a tense cessation of hostilities.

    But that was broken earlier this month when Baku launched a 24-hour blitz which proved too much for Armenian separatist forces, who are outgunned and outnumbered. They agreed to lay down their weapons and dissolve the entire enclave.

    Residents still left in Nagorno-Karabakh told The Independent that Azerbaijani forces and police entered the main city.

    “People are intensively fleeing after the forces entered, and took over the governmental buildings,” said one man who asked not to be named over concerns for his safety.

    Baku has also detained prominent Armenians as they attempted to flee, prompting fears more arrests may follow. Among them was Ruben Vardanyan, a billionaire investment banker, who served as the head of Karabakh’s separatist government between November 2022 and February this year.

    On Friday, Russian state media reported that the Azerbaijani military had also detained former separatist commander Levon Mnatsakanyan as he also tried to escape. He led the army of the self-proclaimed Republic of Artsakh from 2015 to 2018.

    The UN, meanwhile, said they were readying themselves for as many as 120,000 refugees to flood into Armenia, a third of them children.

    “The major concern for us is that many of them have been separated from their family,” said Regina De Dominicis, regional director of the UN’s child agency.

    Kavita Belani, UNHCR representative in Armenia, said: “This is a situation where they’ve lived under nine months of blockade. When they come in, they’re full of anxiety, they’re scared, they’re frightened and they want answers.”
    ‘Centuries of history lost’: Armenians describe journey to safety after fall of Nagorno-Karabakh. Terrified families fleeing in fear of ethnic cleansing after the collapse of Nagorno-Karabakh are running out of water and fuel during the desperate two-day journey to neighbouring Armenia. More than 90,000 Karabakh Armenians – around three-quarters of the total population – have now left their homes in the breakaway enclave, which is internationally recognised as being part of Azerbaijan. The United Nations fears the fall of the region could mean there will eventually be no Armenians left in Nagorno-Karabakh, prompting concerns of ethnic cleansing. It is the largest exodus of people in the South Caucasus since the collapse of the Soviet Union. The breakaway area – also known by Armenians as Artsakh – had enjoyed de facto independence for three decades before Azerbaijan launched a lightning military operation earlier this month. It forced separatist forces to lay down their weapons and agree to formally dissolve the breakaway government. Fearing reprisals, as Baku’s forces moved into the main cities and arrested Armenian officials, hungry and scared families packed what few belongings they could into cars and trucks and left their homes for good. Valeri, 17, fled the village of Kichan, 70km (43 miles) north of the Armenian border with his family and neighbours. In total, they squeezed 35 people into a Ford Transit and made the four-day journey to safety, sitting on top of each other and sleeping in shifts. Families hitched lifts on the back of trucks as they fled Nagorno-Karabakh (Handout) Families hitched lifts on the back of trucks as they fled Nagorno-Karabakh (Handout) “We couldn’t take anything with us because the shelling was too intense as we escaped,” he told The Independent. They had to hide in a large waste water pipe to escape artillery fire, he said. In the chaos, families were separated and the poor mobile coverage in the mountainous regions means they are still trying to reconnect. His family has been forced to move six times since the early 1990s and, like so many Armenians, find themselves homeless again. “I don’t think it’s possible to go back to Kichan, even if we could go back everything will be wrecked or stolen,” he said. Others described a 40km (25 miles) stretch of hairpin road to Armenia at a near standstill, with some vehicles breaking down for a lack of fuel. In the lead-up to Azerbaijan’s operation, Baku had imposed a 10-month blockade on the enclave leading to chronic shortages of food and petrol supplies. “All you can see is a sea of cars stretching to the horizon, people are cooking by the side of the road,” said Gev Iskajyan, 31, executive director of the Armenian National Committee of Artsakh, as he arrived exhausted in the Armenian capital Yerevan. He fled the region’s main city Stepanakert, or Khankendi as it is known in Azerbaijan, fearing he could be arrested if he stayed. “Resources are so scarce there, people are running out of water and fuel on the road along the way out. If anything happens to children and the elderly, no one can get to them. Ambulances can’t move,” he told The Independent. He said most families believed they would not ever be able to return home and that this was the end of Armenian presence. “It weighs heavy. Nagorno-Karabakh isn’t just a place, it is a culture, it has its own dialect,” he said. “You look at the people in the back of trucks, they have to fit their entire life in a single box, they can’t bring everything, they can’t go back, it breaks your heart. “It is centuries of history lost.” Nagorno-Karabakh isn’t just a place, it is a culture, it has its own dialect Gev Iskajyan, an Armenian advocate who fled to Yerevan The centuries-old conflict that has raged through the disputed enclave of Nagorno-Karabakh remains the longest-running in post-Soviet Eurasia. The 4,400-square-kilometre territory (1,700 square-miles) is officially part of Azerbaijan but after a bloody war following the dissolution of the USSR in the 1990s, the region’s Armenian-majority population enjoyed state-like autonomy and status. That changed in 2020 when Azerbaijan, backed by Turkey, launched a military offensive and took back swathes of territory in a six-week conflict that killed thousands of soldiers and civilians. Russia, which supports Armenia, brokered a tense cessation of hostilities. But that was broken earlier this month when Baku launched a 24-hour blitz which proved too much for Armenian separatist forces, who are outgunned and outnumbered. They agreed to lay down their weapons and dissolve the entire enclave. Residents still left in Nagorno-Karabakh told The Independent that Azerbaijani forces and police entered the main city. “People are intensively fleeing after the forces entered, and took over the governmental buildings,” said one man who asked not to be named over concerns for his safety. Baku has also detained prominent Armenians as they attempted to flee, prompting fears more arrests may follow. Among them was Ruben Vardanyan, a billionaire investment banker, who served as the head of Karabakh’s separatist government between November 2022 and February this year. On Friday, Russian state media reported that the Azerbaijani military had also detained former separatist commander Levon Mnatsakanyan as he also tried to escape. He led the army of the self-proclaimed Republic of Artsakh from 2015 to 2018. The UN, meanwhile, said they were readying themselves for as many as 120,000 refugees to flood into Armenia, a third of them children. “The major concern for us is that many of them have been separated from their family,” said Regina De Dominicis, regional director of the UN’s child agency. Kavita Belani, UNHCR representative in Armenia, said: “This is a situation where they’ve lived under nine months of blockade. When they come in, they’re full of anxiety, they’re scared, they’re frightened and they want answers.”
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  • More than 80% of Nagorno-Karabakh's population flees as future uncertain for those who remain.
    The exodus of more than 80% of the population of Nagorno-Karabakh raises questions about Azerbaijan's plans for the ethnic Armenian enclave following its lightning offensive last week to reclaim the breakaway region.

    The Armenian government said Friday evening that more than 97,700 people, from a population of around 120,000, had fled to Armenia since Azerbaijan attacked and ordered the region's militants to disarm. The enclave's separatist government said it would dissolve itself by the end of the year after a three-decade bid for independence.

    Some people lined up for days to escape Nagorno-Karabakh because the only route to Armenia — a winding mountain road — became jammed with slow-moving vehicles.

    Armenian Health Minister Anahit Avanesyan said some people, including the elderly, had died while on the road to Armenia, because they were “exhausted due to malnutrition, left without even taking medicine with them, and were on the road for more than 40 hours.”

    On Thursday, Armenian Prime Minister Nikol Pashinyan alleged that the exodus of ethnic Armenians from Nagorno-Karabakh amounted to “a direct act of an ethnic cleansing and depriving people of their motherland.” Azerbaijan’s Foreign Ministry strongly rejected Pashinyan’s accusations, saying the departure of Armenians was “their personal and individual decision and has nothing to do with forced relocation.”

    Laurence Broers, an expert on the Caucasus with the London-based think tank Chatham House, said it was unlikely that significant numbers of Armenians would remain in Nagorno-Karabakh and that “the territory will become homogenous.”

    “If you define ethnic cleansing as actions by force or through intimidation to induce a population to leave, that’s very much what the last year or so has looked like,” he said.

    During the three decades of conflict in the region, Azerbaijan and separatists inside Nagorno-Karabakh, alongside allies in Armenia, have accused each other of targeted attacks, massacres and other atrocities, leaving people on both sides deeply suspicious and fearful.

    While Azerbaijan has pledged to respect the rights of ethnic Armenians in the region, most are now fleeing, because they don’t believe that Azerbaijani authorities will treat them fairly and humanely or guarantee them their language, religion and culture.

    In December, Azerbaijan blocked the only road connecting Nagorno-Karabakh with Armenia, accusing the Armenian government or using it for illicit weapons shipments to the region’s separatist forces.

    Armenia alleged the closure denied basic food and fuel supplies to Nagorno-Karabakh. Azerbaijan rejected the accusation, arguing that the region could receive supplies through the Azerbaijani city of Aghdam — a solution long resisted by Nagorno-Karabakh authorities, which called it a strategy for Azerbaijan to gain control of the region.

    In the 1990s, the Azerbaijani population was itself expelled from Nagorno-Karabakh and hundreds of thousands of people were displaced within Azerbaijan. As part of its “Great Return” program, the government in Baku has already relocated Azerbaijanis to territories recaptured from Nagorno-Karabakh forces in a 2020 war.

    Analysts believe Azerbaijan could expand the program and resettle Nagorno-Karabakh with Azerbaijanis, while stating that ethnic Armenians could stay or exercise a right to return in order to “refute accusations that Karabakh Armenians have been ethnically cleansed,” Broers said.

    A decree signed by the region’s separatist president, Samvel Shakhramanyan, cited a Sept. 20 agreement to end the fighting under which Azerbaijan would allow the “free, voluntary and unhindered movement” of Nagorno-Karabakh’s residents to Armenia.

    Some of those who fled the regional capital, Stepanakert, said they had no hope for the future.

    “I left Stepanakert having a slight hope that maybe something will change and I will come back soon, and these hopes are ruined after reading about the dissolution of our government,” 21-year-old student Ani Abaghyan told The Associated Press.

    “I don’t want to live with the Azerbaijanis," said Narine Karamyan, 50. “Maybe there are some people who will return to their homes. I don’t want that. I want to live as an Armenian.”

    After six years of separatist fighting ended in 1994 following the collapse of the Soviet Union, Nagorno-Karabakh came under the control of ethnic Armenian forces, backed by Armenia. Then, during a six-week war in 2020, Azerbaijan took back parts of the region in the south Caucasus Mountains along with surrounding territory that Armenian forces had claimed earlier. Nagorno-Karabakh was internationally recognized as part of Azerbaijan’s sovereign territory.

    Armine Ghazaryan, who crossed into Armenia from Nagorno-Karabakh with her four young children, told the AP that it was the second time she had been displaced from her home, saying she had previously sheltered with her children in her neighbors' basement during the war in 2020.

    “At least we live in peace here. At least we stay in Armenia," she said upon arriving in the Armenian town of Goris.

    On Monday night, a fuel reservoir exploded at a gas station where people lined up for gas to fill up their vehicles to flee to Armenia. At least 68 people were killed and nearly 300 others were injured, with more than 100 others still considered missing after the blast, which exacerbated fuel shortages that were already dire after the blockade.

    On Friday the State Emergency Service of Nagorno-Karabakh's interior ministry said 170 remains and body fragments had been collected and would be sent to Armenia for DNA identification.

    Avanesyan, the Armenian health minister, said 142 people who were injured after the fuel tank exploded were taken to Armenia for treatment and that some of them were in very serious condition.

    On Thursday, Azerbaijani authorities charged Ruben Vardanyan, the former head of Nagorno-Karabakh’s separatist government, with financing terrorism, creating illegal armed formations and illegally crossing a state border. He was detained on Wednesday by Azerbaijani border guards as he was trying to leave Nagorno-Karabakh for Armenia along with tens of thousands of others.

    Vardanyan, a billionaire who made his fortune in Russia, was placed in pretrial detention for at least four months and faces up to 14 years in prison. His arrest appeared to indicate Azerbaijan’s intent to quickly enforce its grip on the region.

    Another top separatist figure, Nagorno-Karabakh’s former foreign minister and now presidential adviser David Babayan, said Thursday that he would surrender to Azerbaijani authorities who ordered him to face an investigation in Baku.
    More than 80% of Nagorno-Karabakh's population flees as future uncertain for those who remain. The exodus of more than 80% of the population of Nagorno-Karabakh raises questions about Azerbaijan's plans for the ethnic Armenian enclave following its lightning offensive last week to reclaim the breakaway region. The Armenian government said Friday evening that more than 97,700 people, from a population of around 120,000, had fled to Armenia since Azerbaijan attacked and ordered the region's militants to disarm. The enclave's separatist government said it would dissolve itself by the end of the year after a three-decade bid for independence. Some people lined up for days to escape Nagorno-Karabakh because the only route to Armenia — a winding mountain road — became jammed with slow-moving vehicles. Armenian Health Minister Anahit Avanesyan said some people, including the elderly, had died while on the road to Armenia, because they were “exhausted due to malnutrition, left without even taking medicine with them, and were on the road for more than 40 hours.” On Thursday, Armenian Prime Minister Nikol Pashinyan alleged that the exodus of ethnic Armenians from Nagorno-Karabakh amounted to “a direct act of an ethnic cleansing and depriving people of their motherland.” Azerbaijan’s Foreign Ministry strongly rejected Pashinyan’s accusations, saying the departure of Armenians was “their personal and individual decision and has nothing to do with forced relocation.” Laurence Broers, an expert on the Caucasus with the London-based think tank Chatham House, said it was unlikely that significant numbers of Armenians would remain in Nagorno-Karabakh and that “the territory will become homogenous.” “If you define ethnic cleansing as actions by force or through intimidation to induce a population to leave, that’s very much what the last year or so has looked like,” he said. During the three decades of conflict in the region, Azerbaijan and separatists inside Nagorno-Karabakh, alongside allies in Armenia, have accused each other of targeted attacks, massacres and other atrocities, leaving people on both sides deeply suspicious and fearful. While Azerbaijan has pledged to respect the rights of ethnic Armenians in the region, most are now fleeing, because they don’t believe that Azerbaijani authorities will treat them fairly and humanely or guarantee them their language, religion and culture. In December, Azerbaijan blocked the only road connecting Nagorno-Karabakh with Armenia, accusing the Armenian government or using it for illicit weapons shipments to the region’s separatist forces. Armenia alleged the closure denied basic food and fuel supplies to Nagorno-Karabakh. Azerbaijan rejected the accusation, arguing that the region could receive supplies through the Azerbaijani city of Aghdam — a solution long resisted by Nagorno-Karabakh authorities, which called it a strategy for Azerbaijan to gain control of the region. In the 1990s, the Azerbaijani population was itself expelled from Nagorno-Karabakh and hundreds of thousands of people were displaced within Azerbaijan. As part of its “Great Return” program, the government in Baku has already relocated Azerbaijanis to territories recaptured from Nagorno-Karabakh forces in a 2020 war. Analysts believe Azerbaijan could expand the program and resettle Nagorno-Karabakh with Azerbaijanis, while stating that ethnic Armenians could stay or exercise a right to return in order to “refute accusations that Karabakh Armenians have been ethnically cleansed,” Broers said. A decree signed by the region’s separatist president, Samvel Shakhramanyan, cited a Sept. 20 agreement to end the fighting under which Azerbaijan would allow the “free, voluntary and unhindered movement” of Nagorno-Karabakh’s residents to Armenia. Some of those who fled the regional capital, Stepanakert, said they had no hope for the future. “I left Stepanakert having a slight hope that maybe something will change and I will come back soon, and these hopes are ruined after reading about the dissolution of our government,” 21-year-old student Ani Abaghyan told The Associated Press. “I don’t want to live with the Azerbaijanis," said Narine Karamyan, 50. “Maybe there are some people who will return to their homes. I don’t want that. I want to live as an Armenian.” After six years of separatist fighting ended in 1994 following the collapse of the Soviet Union, Nagorno-Karabakh came under the control of ethnic Armenian forces, backed by Armenia. Then, during a six-week war in 2020, Azerbaijan took back parts of the region in the south Caucasus Mountains along with surrounding territory that Armenian forces had claimed earlier. Nagorno-Karabakh was internationally recognized as part of Azerbaijan’s sovereign territory. Armine Ghazaryan, who crossed into Armenia from Nagorno-Karabakh with her four young children, told the AP that it was the second time she had been displaced from her home, saying she had previously sheltered with her children in her neighbors' basement during the war in 2020. “At least we live in peace here. At least we stay in Armenia," she said upon arriving in the Armenian town of Goris. On Monday night, a fuel reservoir exploded at a gas station where people lined up for gas to fill up their vehicles to flee to Armenia. At least 68 people were killed and nearly 300 others were injured, with more than 100 others still considered missing after the blast, which exacerbated fuel shortages that were already dire after the blockade. On Friday the State Emergency Service of Nagorno-Karabakh's interior ministry said 170 remains and body fragments had been collected and would be sent to Armenia for DNA identification. Avanesyan, the Armenian health minister, said 142 people who were injured after the fuel tank exploded were taken to Armenia for treatment and that some of them were in very serious condition. On Thursday, Azerbaijani authorities charged Ruben Vardanyan, the former head of Nagorno-Karabakh’s separatist government, with financing terrorism, creating illegal armed formations and illegally crossing a state border. He was detained on Wednesday by Azerbaijani border guards as he was trying to leave Nagorno-Karabakh for Armenia along with tens of thousands of others. Vardanyan, a billionaire who made his fortune in Russia, was placed in pretrial detention for at least four months and faces up to 14 years in prison. His arrest appeared to indicate Azerbaijan’s intent to quickly enforce its grip on the region. Another top separatist figure, Nagorno-Karabakh’s former foreign minister and now presidential adviser David Babayan, said Thursday that he would surrender to Azerbaijani authorities who ordered him to face an investigation in Baku.
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  • Board Game Market Trends, Share, Growth, Industrial Development, and Regional Forecast 2030
    According to Fortune Business Insights, the global board games market size was valued at USD 11.88 billion in 2022 and is projected to grow from USD 13.06 billion in 2023 to USD 26.04 billion by 2030, exhibiting a CAGR of 10.36% during the forecast period.

    Information Source:
    https://www.fortunebusinessinsights.com/board-games-market-104972
    Board Game Market Trends, Share, Growth, Industrial Development, and Regional Forecast 2030 According to Fortune Business Insights, the global board games market size was valued at USD 11.88 billion in 2022 and is projected to grow from USD 13.06 billion in 2023 to USD 26.04 billion by 2030, exhibiting a CAGR of 10.36% during the forecast period. Information Source: https://www.fortunebusinessinsights.com/board-games-market-104972
    Board Games Market Size, Share & Growth Analysis [2030]
    The global board games market size is projected to grow from $13.06 billion in 2023 to $26.04 billion by 2030, at a CAGR of 10.36% during the forecast period
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  • Cosmetics Market Business Opportunities, Top Manufacture, Growth, Share Report, Size, Regional Analysis and Global Forecast to 2030
    The global cosmetics market size was valued at USD 299.77 billion in 2022 and is projected to grow from USD 313.22 billion in 2023 to USD 417.24 billion by 2030, exhibiting a CAGR of 4.2% during the forecast period.
    Information Source:
    https://www.fortunebusinessinsights.com/cosmetics-market-102614
    The cosmetics market is a thriving and diverse industry that continues to undergo significant transformations driven by changing consumer preferences, technological advancements, and societal shifts. From skincare to makeup, and haircare to fragrances, the cosmetics industry is a dynamic arena that caters to a wide range of needs and desires.
    Cosmetics Market Business Opportunities, Top Manufacture, Growth, Share Report, Size, Regional Analysis and Global Forecast to 2030 The global cosmetics market size was valued at USD 299.77 billion in 2022 and is projected to grow from USD 313.22 billion in 2023 to USD 417.24 billion by 2030, exhibiting a CAGR of 4.2% during the forecast period. Information Source: https://www.fortunebusinessinsights.com/cosmetics-market-102614 The cosmetics market is a thriving and diverse industry that continues to undergo significant transformations driven by changing consumer preferences, technological advancements, and societal shifts. From skincare to makeup, and haircare to fragrances, the cosmetics industry is a dynamic arena that caters to a wide range of needs and desires.
    Cosmetics Market Size, Share | Global Industry Trends [2030]
    The global cosmetics market size was valued at $299.77 billion in 2022 & is projected to grow from $313.22 billion in 2023 to $417.24 billion by 2030
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  • Mattress Market Analysis By Key Players, Share, Revenue, Trends, Size, Growth, Opportunities, and Regional Forecast To 2030
    According to Fortune Business Insights, the global mattress market size was valued at USD 50.61 billion in 2022 and is predicted to grow from USD 52.45 billion in 2023 to USD 78.34 billion by 2030, attaining a CAGR of 5.90% during the forecast period.

    Information Source:
    https://www.fortunebusinessinsights.com/mattress-market-102108

    The growing demand for customized and luxury products denotes a noteworthy shift in the consumer point of view for mattresses beyond consumer durables to an indicator of social prestige. At a higher level, the escalating rise of domestic players offering a wide range of products is driving consumers' attention and distribution channels worldwide. Various successful launching of new products is predicted to boost the mattress market growth during the forecast period.

    Fortune Business Insights provide this information in its report titled "Mattress Market, 2023-2030."
    Mattress Market Analysis By Key Players, Share, Revenue, Trends, Size, Growth, Opportunities, and Regional Forecast To 2030 According to Fortune Business Insights, the global mattress market size was valued at USD 50.61 billion in 2022 and is predicted to grow from USD 52.45 billion in 2023 to USD 78.34 billion by 2030, attaining a CAGR of 5.90% during the forecast period. Information Source: https://www.fortunebusinessinsights.com/mattress-market-102108 The growing demand for customized and luxury products denotes a noteworthy shift in the consumer point of view for mattresses beyond consumer durables to an indicator of social prestige. At a higher level, the escalating rise of domestic players offering a wide range of products is driving consumers' attention and distribution channels worldwide. Various successful launching of new products is predicted to boost the mattress market growth during the forecast period. Fortune Business Insights provide this information in its report titled "Mattress Market, 2023-2030."
    Mattress Market Size, Growth & Share | Industry Report [2030]
    The global mattress market size was valued at $50.61 billion in 2022 & is projected to grow from $52.45 billion in 2023 to $78.34 billion by 2030
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  • The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability of the packaging industry, observes Fortune Business Insights™ in its report, Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565

    Highlights of the Report:

    While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.

    Drivers & Restraints-

    Increasing Applications in Packaging Industry to Drive Growth

    Rising concerns regarding the impact of material used by the packaging industry on the environment are estimated to drive nanocellulose market growth. For instance, according to the U.S. Environmental Protection Agency, packaging material accounts for around 28.1% of the total municipal solid waste in the U.S. and the material used in packaging includes plastic, which is non-degradable. In addition, the extensive utilization of nano cellulose in the textile industry is projected to further strengthen its demand. However, the high cost of production associated with the product is expected to limit the growth of nanocellulose.

    Segment-

    Paper and Packaging to Be the Fastest-growing Segment

    Based on the application, paper and packaging is estimated to be the fastest-growing segment with a market share of 23.0% in 2019. Increasing the utilization of cellulose nanocrystals in both paper and plastic-based packaging is driving the segment growth. Additionally, the segment held a share of 22.4% in Germany.

    Based on type, the microfibrillated cellulose (MFC) segment is anticipated to hold a considerable nanocellulose market share owing to its applications in the manufacturing of nanocomposites, bio-based medical products, wood adhesives, super-capacitors, batteries, continuous fibers for textiles, and other products.

    Regional Insights-

    High Availability of Wood in Eastern Europe to Help the Region Dominate

    Europe is projected to dominate the global market with a value of USD 108.77 million in 2019. Its dominance is attributed to the high concentration of manufacturers in the region owing to the rising availability of wood in the Eastern Europe. In addition, the region is a manufacturing hub of automobiles, textiles, and cosmetics, which is estimated to further drive the growth of nanocellulose.

    The market in Asia Pacific is not far behind as it is set to exhibit substantial growth in the forecast timeline with a value of USD 43.16 million in 2019. The presence of end-use industries, such as food, cement, textiles, and paper in China, South Korea, and India is anticipated to propel the demand for nanocellulose, driving its growth in the region.

    Competitive Landscape-

    Research & Development to Aid Key Players Develop Innovative Products

    Key players operating in the global market are investing extensively in research and development in order to develop innovative products based on nanocellulose and upgrade the existing ones. This will help them gain prominence over other companies. For instance, in December 2020, Norske Skog announced the development of a new variant of CEBINA by replacing the suspension liquid with polymer instead of water. This enabled the use of CEBINA in epoxy floor coverings and adhesives.

    Industry Developments-

    In April 2020, Celluforce announced that Celluforce NCC, a gelling agent produced by the company, is suitable for the manufacturing of hydro-alcoholic gels, thereby replacing the traditionally used acrylates and carbomers. This makes the agent suitable in making gel-based sanitizers while providing an invisible layer of cellulose on hands for protecting damaged skin.
    In February 2020: GranBio Technologies, a subsidiary of GranBio, signed a supply partnership with Birla Carbon, an Indian company. Under this agreement, Birla Carbon will supply biomass-based nanocellulose for the replacement of carbon black, an oil by-product used in the tire & rubber industry.
    A List of Key Manufacturers Operating in the Market:

    Fiberlean Technologies (UK)
    Kruger, Inc. (Canada)
    Borregard (Norway)
    Nippon Paper Group (Japan)
    Celluforce (Canada)
    Stora Enso (Finland)
    Norske Skog ASA (Norway)
    The University of Maine (U.S.)
    Research Institutes of Sweden (RISE) (Sweden)
    GranBio (Brazil)
    CelluComp (UK)
    Other Key Players
    The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability of the packaging industry, observes Fortune Business Insights™ in its report, Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period. Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565 Highlights of the Report: While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market. Drivers & Restraints- Increasing Applications in Packaging Industry to Drive Growth Rising concerns regarding the impact of material used by the packaging industry on the environment are estimated to drive nanocellulose market growth. For instance, according to the U.S. Environmental Protection Agency, packaging material accounts for around 28.1% of the total municipal solid waste in the U.S. and the material used in packaging includes plastic, which is non-degradable. In addition, the extensive utilization of nano cellulose in the textile industry is projected to further strengthen its demand. However, the high cost of production associated with the product is expected to limit the growth of nanocellulose. Segment- Paper and Packaging to Be the Fastest-growing Segment Based on the application, paper and packaging is estimated to be the fastest-growing segment with a market share of 23.0% in 2019. Increasing the utilization of cellulose nanocrystals in both paper and plastic-based packaging is driving the segment growth. Additionally, the segment held a share of 22.4% in Germany. Based on type, the microfibrillated cellulose (MFC) segment is anticipated to hold a considerable nanocellulose market share owing to its applications in the manufacturing of nanocomposites, bio-based medical products, wood adhesives, super-capacitors, batteries, continuous fibers for textiles, and other products. Regional Insights- High Availability of Wood in Eastern Europe to Help the Region Dominate Europe is projected to dominate the global market with a value of USD 108.77 million in 2019. Its dominance is attributed to the high concentration of manufacturers in the region owing to the rising availability of wood in the Eastern Europe. In addition, the region is a manufacturing hub of automobiles, textiles, and cosmetics, which is estimated to further drive the growth of nanocellulose. The market in Asia Pacific is not far behind as it is set to exhibit substantial growth in the forecast timeline with a value of USD 43.16 million in 2019. The presence of end-use industries, such as food, cement, textiles, and paper in China, South Korea, and India is anticipated to propel the demand for nanocellulose, driving its growth in the region. Competitive Landscape- Research & Development to Aid Key Players Develop Innovative Products Key players operating in the global market are investing extensively in research and development in order to develop innovative products based on nanocellulose and upgrade the existing ones. This will help them gain prominence over other companies. For instance, in December 2020, Norske Skog announced the development of a new variant of CEBINA by replacing the suspension liquid with polymer instead of water. This enabled the use of CEBINA in epoxy floor coverings and adhesives. Industry Developments- In April 2020, Celluforce announced that Celluforce NCC, a gelling agent produced by the company, is suitable for the manufacturing of hydro-alcoholic gels, thereby replacing the traditionally used acrylates and carbomers. This makes the agent suitable in making gel-based sanitizers while providing an invisible layer of cellulose on hands for protecting damaged skin. In February 2020: GranBio Technologies, a subsidiary of GranBio, signed a supply partnership with Birla Carbon, an Indian company. Under this agreement, Birla Carbon will supply biomass-based nanocellulose for the replacement of carbon black, an oil by-product used in the tire & rubber industry. A List of Key Manufacturers Operating in the Market: Fiberlean Technologies (UK) Kruger, Inc. (Canada) Borregard (Norway) Nippon Paper Group (Japan) Celluforce (Canada) Stora Enso (Finland) Norske Skog ASA (Norway) The University of Maine (U.S.) Research Institutes of Sweden (RISE) (Sweden) GranBio (Brazil) CelluComp (UK) Other Key Players
    Nanocellulose Market Size & Growth | Global Report [2020-2027]
    The global nanocellulose market size was USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027, exhibiting an exhilarating CAGR of 19.9% during the forecast period.
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  • The global metal packaging market size was valued at USD 143.06 billion in 2022. The market is projected to grow from USD 146.70 billion in 2023 to USD 181.49 billion by 2030, exhibiting a CAGR of 3.09% during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/metal-packaging-market-103867

    Metal packaging is a packaging solution offered to various end-use industries with the usage of steel or aluminum. Noteworthy properties such as recyclability, high density, high thermal conductivity, toughness, and mechanical durability boost its use in several applications.

    Segments-

    Aluminum Dominates the Segment Owing to its Noteworthy Benefits

    On the basis of material, the market is bifurcated into steel and aluminum. Aluminum holds the largest share of the market. The lightweight, corrosion-resistant property augments its usage in several end-use industries, thus propelling the segment's growth.

    Cans & Containers Hold the Largest Share Due to their Increased Usage in FMCG Products

    Based on product type, the market is segmented into containers & cans, bottles & jars, caps & closures, tins, barrels & drums, and others. Containers & cans are used on a large scale in several end-use industries such as personal care, food & beverages, and household owing to their recyclable and versatile properties.

    Food & Beverages Holds the Dominant Share Owing to the Widespread Usage of Metal Packaging in the Food Industry

    According to end users, the market is divided into food & beverages, personal care & cosmetics, pharmaceuticals, paints & varnishes, household, and others. The food & beverage segment leads the market globally. Owing to busy lifestyles, the growing usage of ready-to-eat food products among working professionals, athletes, campers, and travelers leads to the metal packaging market growth.

    Geographically, the market is analyzed across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

    Report Coverage-

    The report offers:

    Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
    Comprehensive insights into regional developments.
    List of major industry players.
    Key strategies adopted by the market players.
    Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
    Drivers & Restraints-

    Increasing Demand for Metal Packaging in Varied Industries Foster the Market Growth

    Metal packaging has a wide range of usage in many industries such as pharmaceuticals, personal care & cosmetics, food & beverages, and consumer goods. The increasing demand and need for metal packaging from key companies for brand attraction and differentiation among most customers also drive market growth. The surge in demand for alcoholic & non-alcoholic beverages, ready-to-eat, canned food products, and processed food also enhances the market growth.

    Steel has very poor chemical stability, low resistance to acid and alkali, and easily prone to rust. The metal ions precipitate if acidic materials such as food products are packed in metal packaging. Metal packaging is more costly than other packaging materials, so the production cost is higher.
    The global metal packaging market size was valued at USD 143.06 billion in 2022. The market is projected to grow from USD 146.70 billion in 2023 to USD 181.49 billion by 2030, exhibiting a CAGR of 3.09% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/metal-packaging-market-103867 Metal packaging is a packaging solution offered to various end-use industries with the usage of steel or aluminum. Noteworthy properties such as recyclability, high density, high thermal conductivity, toughness, and mechanical durability boost its use in several applications. Segments- Aluminum Dominates the Segment Owing to its Noteworthy Benefits On the basis of material, the market is bifurcated into steel and aluminum. Aluminum holds the largest share of the market. The lightweight, corrosion-resistant property augments its usage in several end-use industries, thus propelling the segment's growth. Cans & Containers Hold the Largest Share Due to their Increased Usage in FMCG Products Based on product type, the market is segmented into containers & cans, bottles & jars, caps & closures, tins, barrels & drums, and others. Containers & cans are used on a large scale in several end-use industries such as personal care, food & beverages, and household owing to their recyclable and versatile properties. Food & Beverages Holds the Dominant Share Owing to the Widespread Usage of Metal Packaging in the Food Industry According to end users, the market is divided into food & beverages, personal care & cosmetics, pharmaceuticals, paints & varnishes, household, and others. The food & beverage segment leads the market globally. Owing to busy lifestyles, the growing usage of ready-to-eat food products among working professionals, athletes, campers, and travelers leads to the metal packaging market growth. Geographically, the market is analyzed across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Report Coverage- The report offers: Major growth drivers, restraining factors, opportunities, and potential challenges for the market. Comprehensive insights into regional developments. List of major industry players. Key strategies adopted by the market players. Latest industry developments such as product launches, partnerships, mergers, and acquisitions. Drivers & Restraints- Increasing Demand for Metal Packaging in Varied Industries Foster the Market Growth Metal packaging has a wide range of usage in many industries such as pharmaceuticals, personal care & cosmetics, food & beverages, and consumer goods. The increasing demand and need for metal packaging from key companies for brand attraction and differentiation among most customers also drive market growth. The surge in demand for alcoholic & non-alcoholic beverages, ready-to-eat, canned food products, and processed food also enhances the market growth. Steel has very poor chemical stability, low resistance to acid and alkali, and easily prone to rust. The metal ions precipitate if acidic materials such as food products are packed in metal packaging. Metal packaging is more costly than other packaging materials, so the production cost is higher.
    Metal Packaging Market Size, Growth, Trends | Statistics [2030]
    The global metal packaging market size is projected to grow from $146.70 billion in 2023 to $181.49 billion by 2030, at a CAGR of 3.09%.
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  • The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods.

    This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”.

    Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241

    Segments:

    Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing

    On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads.

    Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand

    Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others.

    Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Coverage:

    The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources.

    Drivers and Restraints:

    Market Value to Rise Owing to Increasing Support from Government Bodies

    One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector.

    However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn.

    Regional Insights:

    Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population

    The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region.

    The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years.

    Competitive Landscape:

    Pivotal Players Enter into Partnership Agreements to Expand Product Reach

    Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products.

    Key Industry Development:

    May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business.

    List of Key Players Mentioned in the Report:

    Texhong (China)
    Vardhman Group (India)
    BROS (China)
    Weiqiao Textile (China)
    Lutai Textile (China)
    Huafu (China)
    Alok (India)
    Huamao (China)
    China Resources (China)
    Nahar Spinning (India)
    Nishat Mills (Pakistan)
    Trident Group (India)
    Fortex (Vietnam)
    Aarti International (India)
    KPR Mill Limited (India)
    The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods. This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”. Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241 Segments: Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads. Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others. Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources. Drivers and Restraints: Market Value to Rise Owing to Increasing Support from Government Bodies One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector. However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn. Regional Insights: Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region. The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years. Competitive Landscape: Pivotal Players Enter into Partnership Agreements to Expand Product Reach Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products. Key Industry Development: May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business. List of Key Players Mentioned in the Report: Texhong (China) Vardhman Group (India) BROS (China) Weiqiao Textile (China) Lutai Textile (China) Huafu (China) Alok (India) Huamao (China) China Resources (China) Nahar Spinning (India) Nishat Mills (Pakistan) Trident Group (India) Fortex (Vietnam) Aarti International (India) KPR Mill Limited (India)
    Cotton Yarn Market Size, Share & Growth Analysis [2023-2028]
    The global cotton yarn market size is projected to grow from $82.81 billion in 2023 to $100.68 billion by 2028, at a CAGR of 4.0% during the forecast period
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  • The global traffic road marking coatings market size is projected to reach USD 8.34 billion by 2028, exhibiting a CAGR of 4.1% during the forecast period. The market size stood at USD 6.04 billion in 2020 and is estimated to touch USD 6.31 billion in 2021, according to a report by Fortune Business Insights™, titled “Traffic Road Marking Coatings Market, 2021-2028”.

    Information Source - https://www.fortunebusinessinsights.com/traffic-road-marking-coatings-market-103056

    Startling Rise in Road Fatalities Worldwide to Fuel Market Growth

    Accidents and deaths caused by road crashes have been steadily rising around the globe over the past few years. Recent data released by the World Health Organization (WHO) reveal that road traffic accidents kill roughly 1.35 million people globally every year, with more than 50% of these mishaps occurring among the most road users – pedestrians, cyclists, and motorists. Furthermore, the WHO data also show that road accidents also cause non-fatal injuries to many millions around the world annually. Traffic road marking coatings are essential in ensuring that drivers are aware of the road conditions, especially during the night and on unknown terrains. These coatings can efficiently prevent the crashing of vehicles with each other as well as reduce the risk for other road users.

    Segmentation

    Based on product, the market has been divided into water-based coatings, solvent-based coatings, and thermoplastic coatings. Among these, the water-based coatings segment held a leading share of 39.1% in the global market in 2020.

    On the basis of application, the market is segmented into roads & highways, airports, parking lots, and others. Geographically, the market has been clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Highlights

    The report contains unparalleled insights into market drivers, trends, and restraints, along with an industry-leading analysis of all possible market segments. Further, the report offers a granular study of the regional developments and prospects of the market, as well as actionable research into the competitive dynamics of the market.

    Driving Factor

    Development of Eco-friendly Road Marking Solutions to Invigorate the Market

    Traditional paints and coatings are known for their high content of volatile organic compounds (VOCs), which are known to intensify global warming and damage the Ozone Layer. With the movement towards sustainability gaining momentum worldwide, traffic road marking coating producers and researchers are singularly focusing on engineering road markings made from environmentally friendly materials. For example, SWARCO Road Marking Systems teamed up with students to investigate the viability of using biopolymers in thermoplastic road markings and their efforts won them the Borealis Student Innovation Award in December 2020. Similarly, US-based Aexcel Corporation has developed the ToughLine suite of traffic paints that offer high performance, contain low VOC, and are solvent-based. Thus, the introduction of sustainable traffic markings is rapidly elevating the potential of this market.
    The global traffic road marking coatings market size is projected to reach USD 8.34 billion by 2028, exhibiting a CAGR of 4.1% during the forecast period. The market size stood at USD 6.04 billion in 2020 and is estimated to touch USD 6.31 billion in 2021, according to a report by Fortune Business Insights™, titled “Traffic Road Marking Coatings Market, 2021-2028”. Information Source - https://www.fortunebusinessinsights.com/traffic-road-marking-coatings-market-103056 Startling Rise in Road Fatalities Worldwide to Fuel Market Growth Accidents and deaths caused by road crashes have been steadily rising around the globe over the past few years. Recent data released by the World Health Organization (WHO) reveal that road traffic accidents kill roughly 1.35 million people globally every year, with more than 50% of these mishaps occurring among the most road users – pedestrians, cyclists, and motorists. Furthermore, the WHO data also show that road accidents also cause non-fatal injuries to many millions around the world annually. Traffic road marking coatings are essential in ensuring that drivers are aware of the road conditions, especially during the night and on unknown terrains. These coatings can efficiently prevent the crashing of vehicles with each other as well as reduce the risk for other road users. Segmentation Based on product, the market has been divided into water-based coatings, solvent-based coatings, and thermoplastic coatings. Among these, the water-based coatings segment held a leading share of 39.1% in the global market in 2020. On the basis of application, the market is segmented into roads & highways, airports, parking lots, and others. Geographically, the market has been clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Highlights The report contains unparalleled insights into market drivers, trends, and restraints, along with an industry-leading analysis of all possible market segments. Further, the report offers a granular study of the regional developments and prospects of the market, as well as actionable research into the competitive dynamics of the market. Driving Factor Development of Eco-friendly Road Marking Solutions to Invigorate the Market Traditional paints and coatings are known for their high content of volatile organic compounds (VOCs), which are known to intensify global warming and damage the Ozone Layer. With the movement towards sustainability gaining momentum worldwide, traffic road marking coating producers and researchers are singularly focusing on engineering road markings made from environmentally friendly materials. For example, SWARCO Road Marking Systems teamed up with students to investigate the viability of using biopolymers in thermoplastic road markings and their efforts won them the Borealis Student Innovation Award in December 2020. Similarly, US-based Aexcel Corporation has developed the ToughLine suite of traffic paints that offer high performance, contain low VOC, and are solvent-based. Thus, the introduction of sustainable traffic markings is rapidly elevating the potential of this market.
    Traffic Road Marking Coatings Market Size | Growth [2021 2028]
    The traffic road marking coatings market is projected to grow from $6.31 billion in 2021 to $8.34 billion in 2028 at a CAGR of 4.1% during forecast period
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