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According to a new report published by Allied Market Research, titled, “Keratin Products Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product Type, by Application, by Form : Global Opportunity Analysis and Industry Forecast, 2023–2032.” The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both its growth drivers and restraints. Additionally, it sheds light on factors expected to offer promising opportunities for development of industry in the future. The global keratin products market was valued at $1.9 billion in 2022, and is projected to reach $3.4 billion by 2032, growing at a CAGR of 6.1% from 2023 to 2032.

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The growth of the keratin market is majorly driven by many factors. The increased global demand for keratin products is a direct result of evolving consumer lifestyles, which has led to increased awareness of skin and hair care. This growing consciousness regarding both internal well-being and external attractiveness has significantly fueled the widespread use of keratin products worldwide.

According to the perspective of top-level CXOs, innovation is the key for growth of the keratin products market, in terms of value sales. Rise in demand for various keratin products among customers makes way for manufacturers to produce herbal or organic skin care products along with affordable prices and eco-friendly packaging. CXOs further added that rise in consciousness regarding physical appearance among individuals as well as working class professionals propels growth of the keratin products market. Use of natural ingredients such keratin in hair care and skin care products to reduce harmful effects of products, which drives the growth of the keratin products market globally. The industry has recently observed an emerging trend of men using keratin products in their daily lives. Use of keratin products by men is expected to eventually increase and in turn supplement growth of the global keratin products market.

The keratin products market is analyzed on the basis of product type, application, form and region. On the basis of product type, it is categorized into alpha-keratin, beta-keratin, hydrolyzed keratin, keratin amino acid and bio peptide keratin. Among these, the hydrolyzed keratin segment occupied the major share of the market in 2022 and is anticipated to maintain its dominance during the forecast period in Keratin Products industry. Skin care products often use hydrolyzed keratin because of its moisturizing and skin-conditioning properties. Furthermore, hydrolyzed keratin serves as a source of some amino acids for specific nutraceutical formulations.

In addition, the demand for premium and high value hair care products to treat frizz and enhance hair texture has grown as a result of rising disposable income and the globalization of beauty standards. There is a growth in the market for hydrolyzed keratin derived from natural sources such as wool and feathers due to the Keratin Products Market Demand. In addition, there has been a significant increase in the number of consumers seeking natural and organic ingredients in personal care products. Moreover, the increased recognition of the need of keratin products with hydrolyzed keratin composition to enhance hair health and beauty has been positively influenced by the rise in awareness regarding hair health. this has increased the Keratin Products Market Size.

The major players analyzed for the keratin products market include BASF SE, Active Concepts, LLC, Kerline srl, Parchem Fine And Specialty Chemicals, Inc., Kelisema (S.R.L.), Hefei TNJ Chemical Industry Co.,Ltd., BioOrganic Concepts, Croda International Plc, Greentech Biochemicals Co., Limited, and NutriScience Innovations, LLC.

Key Benefits For Stakeholders:

➢ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the keratin products market analysis from 2022 to 2032 to identify the prevailing keratin products market opportunities. ➢ The market research is offered along with information related to key drivers, restraints, and opportunities. ➢ Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. ➢ In-depth analysis of the keratin products market segmentation assists to determine the prevailing market opportunities. ➢ Major countries in each region are mapped according to their revenue contribution to the global market. ➢ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. ➢ The report includes the analysis of the regional as well as global keratin products market trends, key players, market segments, application areas, and market growth strategies.

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.

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According to a new report published by Allied Market Research, titled, The glamping market was valued at $2.68 billion in 2021, and is estimated to reach $7.11 billion by 2031, growing at a CAGR of 10.5% from 2022 to 2031. The glamping market size was valued at $2,679.7 million in 2020, and is projected to reach $7,113.0 million by 2031, registering a CAGR of 10.5% from 2022 to 2031.

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Glamping is available in various accommodations such as, camping pods and cabins, yurts, tents, treehouses, boats and floating homes, and airstream caravan, all these accommodations are different and provide travelers with a unique and luxurious camping experience. The hectic lifestyle surges the demand for glamping, a surge in the number of concerts and large-scale music festivals organized every other week in various regions of the world is anticipated to be one of the most influential aspects driving the market. Moreover, vacationers today seek for outdoor activities that are elegant, close to nature, and memorable

The global glamping market is segmented into accommodation, application, age group, size, end user, distribution channel, and region. On the basis of accommodation, the market is classified into camping pods and cabins, yurts, tents, treehouses, and others. Among these, the camping pods and cabins segment occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. The growth of the camping pods and cabins segment is attributed to its advance features like safety, the availability of amnesties, and lockable doors and windows.

By application, the market is segregated into family travel, and enterprise travel. The family traveler segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of outing with family. Moreover, rise in urbanization and nuclear family is expected to further drive the Glamping Market Trends.

By size, the market is segregated into 2-Person, 4-Person, Others. The 4- person segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of group travels in the glamping market. The other size is estimated to perform good in the forecast period.

Depending on age group, the market is bifurcated into 18-32 years, 33-50 years, 51-65 years, above 65 years. Among these, the age group of 18-32 occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. This is attributed to increase in preference for adventure and traveling in this age group as compared to others. Depending on the end consumer the segment is bifurcated into consumers, and events. The consumer is the major shareholder in end user segment owing to preference of travelers seek for outdoor activities that are elegant, close to nature.

Region wise, North America dominated the market with largest share during the Glamping Market Forecast period. Glamping market and their different accommodations are the mostly enjoyed in North America, especially in U.S. and Canada. The growing preference for comfortable and luxurious traveling as well as increase in Glamping Market Demand for nature adventures are driving the growth of the glamping market in North America. In 2021, North America accounted for 42.3% in the global Glamping Market Share, and is expected to maintain its dominance during the forecast period.

The major players analyzed for global glamping industry are Hilleberg Ab., Johnson Outdoors Inc., The North Face Inc., AMG GROUP, Newell Brands Inc., Oase Outdoors, The Coleman Company, Simex Outdoor International, Kampa, Exxel Outdoors, Bushtec Safari (South Africa), Sawday’s Canopy & Stars Ltd. (UK), Huttopia (France), Wigwam Holidays Ltd (UK), Arena Campsites (Europe).

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research published a new report, titled, "Spa Services Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and End User : Opportunities and Forecasts, 2022-2031". The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both its growth drivers and restraints. Additionally, it sheds light on factors expected to offer promising opportunities for development of industry in the future. The global Spa Services market was valued at $73,512.93 million in 2020, and is projected to reach $423,253.69 million by 2031, registering a CAGR of 17.3% from 2022 to 2031.

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Growth of the market is fostered by factors such as increased hectic lifestyles, rise in wellness tourism, surge in demand from teenagers, and improved standards of living. Moreover, increase in population of working women and rise in popularity of spa among male customers have supplemented the growth of global spa services market. However, scarce availability of skilled labor and lesser penetration in underdeveloped regions limit the market growth to a certain extent. Furthermore, the cost of employing skilled labor in the global spa services market is high, thereby adding to the operation costs incurred by the firms.

The salon spa segment accounted for the largest market share of around 37.3% in 2020. Increase in disposable income among the middle-income class, affordable services, and innovative marketing strategies used by salons contribute to the growth of this segment. However, the highest CAGR of 17.7% is expected to be witnessed by the medical spa segment during the forecast period. Technological advancement in medical treatments such as laser technology, dermal fillers, cellfina, ultra therapy, and others drive the demand for medical spa. Hotel spa and destination spa are anticipated to witness notable growth during the forecast period, owing to massive investments in tourism infrastructure in Asia and Middle East.

The global spa services market was dominated by Europe in 2020, owing to higher demand in Western European countries such as Germany, France, UK, and others. In addition, extensive demand arising from Eastern Europe countries due to rise in income of middle class customer groups has contributed significantly to the market. Moreover, Europe has greater number of established spas among other region. Asia-Pacific is the second largest region in the global spa services market owing to huge contribution by countries such as Japan and China, which are highly concentrated with mineral spa.

LAMEA region is expected to witness the fastest growth of 17.6% during the forecast period; owing to rise in investments in tourism industry in countries such as Brazil and UAE.The tourism sector in Brazil has attained more proficiency and professionalism posing huge avenues for the global spa services market to expand in future. Moreover, urbanization and increasingly hectic work lifestyle are expected to continue to foster the demand for the market during the analysis period.

Destination spa has also gained considerable popularity owing to rise in demand for traditional spas such as Ayurveda, Swedish, and Turkish massage. Growth in inbound & outbound tourism for the purpose of wellness drives the growth of destination spa service market.

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Key companies profiled in this report includeFour Seasons Hotel Limited, Emirates Palace, Trailhead Spa, Jade Mountain Resort, Massage Envy Franchise LLC, Six Senses Hotels Resorts Spas, ClarinsDay Spa, Belmond Maroma Resort & Spa, LanserhofTegernsee Spa, and Gaia Retreat & Spa.

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs. 

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.   

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According to a new report published by Allied Market Research, titled, "Diving Equipment Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2024-2035." The research report offers quantitative and qualitative analyses of the overall market environment, focusing on key investment opportunities, top market segments, value chain analysis, market dynamics, regional outlook, and the competitive landscape. The global diving equipment market size was valued at $3.5 billion in 2023, and is projected to reach $8.1 billion by 2035, growing at a CAGR of 7.5% from 2024 to 2035.

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Diving equipment is utility products used while going underwater. Diving may involve recreational, R&D, and defense activities. The growth of the diving equipment market is attributed to a rise in disposable income, the introduction of low-cost airlines, a surge in travel & tourism, especially in coastal areas, and a rise in diving equipment market demand to involve adventurous activities during family vacations.

In addition, the rise in the construction of sea links to facilitate the growth of trade, and the artificial construction of islands in coastal cities such as Singapore, Dubai, and New York, is anticipated to foster the diving equipment market growth. Moreover, an increase in R&D for oil & gas and the development of large hydroelectric power plants are anticipated to further foster the growth of the market.

The increasing interest in adventure sports is driving the growth of the diving equipment market. However, the growth of the diving equipment market is restricted by regulatory challenges. On the other hand, online retail presents remunerative opportunities for the expansion of diving equipment during the forecast period.

According to the diving equipment market analysis, the diving equipment market is analyzed on the basis of type, distribution channel, and region. By type, the market is divided into BCD and regulator, cylinder and diving propulsion vehicle, decompression chamber, exposure suit, and accessories. Among these, the BCD and regulator segment occupied the major diving equipment market share in 2023. The buoyancy control devices (BCDs) and regulators segment of the diving equipment market are distinguished by their emphasis on safety, comfort, and innovation. Integrated weight systems, lightweight construction, and adjustable fits are features that are growing in BCDs. Innovations in regulators include better breathing performance, better materials, and more user-friendly designs. The market is trending toward more compact regulators for ease of travel and adaptable BCDs for a variety of dive types. Concern about environmental sustainability is also developing, which has prompted the creation of eco-friendly materials and production techniques for regulators and BCDs. Manufacturers compete with one another to satisfy the changing needs of divers.

By type, the BCD & regulator segment held the highest market share in 2023, accounting for nearly one-third of the diving equipment market share and is estimated to maintain its leadership status throughout the forecast period. Regulators provide steady air flow, whereas BCDs provide accurate buoyancy control. Globally, there is a tendency in the industry towards smaller, more portable designs that prioritize functionality and ease of use for scuba divers. The exposure suit segment showcases the fastest CAGR of 8.4% during the forecast period. The market for diving equipment has a variety of exposure suits made to fit the needs of divers. Divers can pick from suits composed of neoprene, rubber, or membrane materials, with wetsuits offering warmth and flexibility in moderate waters and dry suits for cold and harsh circumstances. Lightweight, robust solutions that address a variety of underwater difficulties continue to be innovative.

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By distribution channel, the specialty store segment held the highest market share in 2023, accounting for two-fifths of the diving equipment market revenue and is estimated to maintain its leadership status throughout the forecast period. Specialty stores provide everything a diver needs, from innovative regulators to environmentally friendly wetsuits. All underwater explorers expect a deep-sea trip in this sector, which is defined by cutting-edge technology, eco-friendly materials, and individualized service. The online segment, however, showcases the fastest CAGR of 8.0% during the forecast period. From masks and fins to sophisticated dive computers and underwater cameras, the online channel provides a wide range of equipment for enthusiasts. Well-known websites like LeisurePro and DiveInn make a large assortment easily accessible to both beginner and experienced divers. Guides and reviews help make well-informed decisions when planning diving excursions.

Region-wise, the diving equipment is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Among these, in 2023, the Asia-Pacific region was the highest revenue contributor to the global market. The market for diving equipment is expanding rapidly in the Asia-Pacific region due to rising interest in recreational diving and underwater tourism. The need for high-quality equipment is fueled by the popularity of diving locations such as Thailand, Indonesia, and Australia. The market is also impacted by the growing middle class, which has extra cash to spend on recreational pursuits. Technological innovations in diving gear, like lightweight construction and sophisticated dive computers, are especially attractive to the region's tech-savvy customers. Furthermore, in nations that care about marine conservation, the emphasis on environmentally beneficial activities is encouraging the use of sustainable diving equipment.

Leading Market Players: -

➢ American Underwater Products, Inc. ➢ Aqua Lung International ➢ Johnson Outdoors Inc. ➢ Mares S.p.A. ➢ Poseidon Diving System AB ➢ Cressi Sub S.p.A. ➢ Beuchat ➢ AQUATEC - DUTON INDUSTRY CO., LTD. ➢ H2Odyssey ➢ Dive Rite

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs. 

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.   

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According to a new report published by Allied Market Research, titled, "Music Event Market Size, Share, Competitive Landscape and Trend Analysis Report, by Revenue Source, by Genre, by Type, by Age Group, by Gender : Global Opportunity Analysis and Industry Forecast, 2024-2035". The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both its growth drivers and restraints. Additionally, it sheds light on factors expected to offer promising opportunities for development of industry in the future. The music event market was valued at $250.80 billion in 2023, and is estimated to reach $775.7 billion by 2035, growing at a CAGR of 10.2% from 2024 to 2035.

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An increase in consumer demand for unique, immersive live experiences has driven the growth of the music event market. Advances in event technology, such as high-definition sound systems, improved lighting, and virtual reality, are enhancing the overall concert experience, making live performances more engaging and memorable. The rise of social media platforms and streaming services contributes by creating wider exposure to events and artists, helping promoters reach global audiences and encouraging real-time interactions. Collaborations between artists, brands, and event organizers have led to the development of large-scale festivals and events, attracting more attendees and driving the market growth. The growing popularity of niche genres and music festivals, such as electronic dance music (EDM) festivals, has further fueled market growth.

Music events are live or virtual gatherings where performers showcase their musical talent to audiences, serving as a pillar of the entertainment industry. These events have various formats, including concerts, music festivals, talent shows, club performances, and private or corporate gatherings, catering to diverse genres such as pop, rock, jazz, classical, and electronic dance music (EDM). They hold significant cultural importance by promoting music as an art form and reflecting societal trends. Economically, music events generate substantial revenue through ticket sales, sponsorships, merchandise, and tourism, while also promoting social engagement by bringing fans together to connect with artists and each other. Innovations such as livestreaming, augmented reality (AR), and virtual reality (VR) have expanded their accessibility, thus enabling global participation and boost in music event market share.

The global music event market segmentation is done on the basis of revenue source, genre, type, age group, gender, and region. By revenue source, the market is divided into tickets, sponsorships, and others. Depending on the genre, it is divided into rock, pop, EDM, and others. On the basis of type, it is segregated into music festivals, music concerts, music shows, and others. Depending on the age group, the market is segmented into below 20 years, 21 to 40 years, and above 40 years. As per gender, it is segregated into male and female. Region wise, the music event market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Region wise, Europe was the leading music event market with highest revenue in 2023. The presence of well-established infrastructure and connectivity, number of globally popular music festivals, rise in music tourism, and rise in adoption of digital technologies are the prominent factors that are significantly contributing toward the Europe music event market growth.

Leading Market Players: -

➢ Access Destination Services, LLC ➢ Anschutz Entertainment Group ➢ Basset Events, Inc. ➢ BCD Group ➢ Colin Cowie Lifestyle ➢ Carlson, Inc. ➢ Eventbrite, Inc. ➢ Insomniac Holdings, LLC ➢ Outback Presents, LLC ➢ Rafanelli Events ➢ Live Nation

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Key Benefits For Stakeholders:

➢ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the music event market analysis from 2023 to 2035 to identify the prevailing music event market opportunities. ➢ The market research is offered along with information related to key drivers, restraints, and opportunities. ➢ Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. ➢ In-depth analysis of the music event market segmentation assists to determine the prevailing market opportunities. ➢ Major countries in each region are mapped according to their revenue contribution to the global market. ➢ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. ➢ The report includes the analysis of the regional as well as global music event market trends, key players, market segments, application areas, and market growth strategies.

About Us: 

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs. 

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.   

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According to a new report published by Allied Market Research, titled, “UK Events Industry, by Type (Music Concert, Festivals, Sports, Exhibitions and Conferences, Corporate Events & Seminars, and Others), Revenue Source (Ticket Sale, Sponsorship, and Others), Organizer (Corporate, Sports, Education, Entertainment, and Others), and Age Group (Below 20 Years, 21-40 Years, and Above 40 Years): Opportunity Analysis and Industry Forecast, 2023-2032.” The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both its growth drivers and restraints. Additionally, it sheds light on factors expected to offer promising opportunities for development of industry in the future.

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The term event refers to organizing a show which involves a public gathering at a pre-determined place and time. The most popular events include conferences & exhibitions, corporate events & seminars, promotion & fundraising, music & art performance, sports, festival, trade shows, product launches, and similar others. The initial stage of a major event involves understanding the audience and the behavior that excites and emotionally engages them. The final stage involves conducting an event appropriately.

There are many events competing for people's time and financial resources in the UK's fiercely competitive events market. It is challenging for new events to stand out and draw crowds in specific event sectors or geographical areas. To meet this issue, it is essential to differentiate events with marketing that is successful and focuses on the right audience. Success in the events sector is influenced by its standing and how the public views it. The reputation of the sector is harmed by negative events like security lapses, logistical problems, or subpar event experiences. Professionals in charge of events must put in a lot of effort to uphold strict standards, guarantee guest pleasure, and immediately handle any issues. Thus, UK events industry trends are driving the UK events industry.

The perspectives of the leading CXOs in the UK events industry are presented in this section. Hybrid events have grown in popularity since they incorporate both live and virtual components. This enables the event's planners to reach a larger audience and cater to attendees who might be unable or reluctant to attend in person. Events that are hybrid offer the chance for greater involvement, networking, and monetization alternatives. Event planners are now placing a high priority on health and safety procedures. To protect attendees, precautions have been put in place such as temperature checks, mask requirements, social isolation, improved cleaning, and sanitization. Even when constraints loosen, these actions are likely to persist.

The UK events industry is segmented into type, revenue source, organizer, and age group. On the basis of type, the UK events industry is divided into music concerts, festivals, sports, exhibitions & conferences, corporate events & seminars, and others. Among these, the corporate events and seminars segment occupied the major UK events industry share in 2018 and is projected to maintain its dominance during the forecast period. This is owing to the rise in the number of companies and the frequent seminars & events conducted by them. In addition, such seminars and events involve interaction between speaker and audience, thus attracting more attendees.

Key Benefits For Stakeholders:

➢ This report provides a quantitative analysis of the current UK events industry trends, estimations, and dynamics from 2022 to 2031 to assist to identify the prevailing UK events industry opportunities. ➢ Major countries in each region are mapped according to the individual market revenue. ➢ The region-wise and country-wise market conditions are comprehensively analyzed. ➢ This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies. ➢ An in-depth UK events industry analysis of each segment of the market is provided to assist the prevailing market opportunities.

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About Us: 

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs. 

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.   

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According to a new report published by Allied Market Research, titled, “Sports Events Market by Revenue Source, by Age Group: Global Opportunity Analysis and Industry Forecast, 2021-2031". The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both its growth drivers and restraints. Additionally, it sheds light on factors expected to offer promising opportunities for development of industry in the future. The global sports events market was valued at $184.61 billion in 2021, and is projected to reach $609.07 billion by 2031, growing at a CAGR of 10.5% from 2022 to 2031.

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Some of the factors driving market expansion in the area include the expanding sporting events business, rising per capita income, the burgeoning middle-class population, and rising disposable income. In addition, the growing popularity of major sporting events such as the Tokyo Olympics and the Cricket World Cup, along with rising digitization in China and India, further fuel market expansion.

The market is expected to have plenty of opportunities due to the widespread acceptance of digital tickets and the expanding use of smartphones worldwide. However, during the anticipated timeframe, market development is anticipated to be constrained by the unpredictability of ticket pricing and a lack of price management.

According to the sports events market analysis, the sports events market is segmented into revenue source, age group and region. The basis of revenue source, the tickets segment was the significant contributor to the market, with $63,865.1 million in 2021, and is estimated to reach $202,205.6 million by 2031, at a CAGR of 10.0% during the forecast period. A ticket is a voucher that indicates that an individual is entitled to admission to sports event. Digital tickets and online printable tickets, and paper tickets are majorly used forms of the sports event tickets. Online tickets for sports events has been gaining huge popularity owing to its convenience offered and hassle free payment getaways. Digital ticketing creating the high level of transparency, which is expected to reduce the black ticketing practices. Thus, above mentioned factors are projected to spur the sports events market growth during the forecast period.

Based on age group, the 21 to 40 years segment accounted for the largest share in 2021, contributing to nearly half of the global sports events market, and is projected to maintain its lead position during the forecast period. Moreover, the same segment is expected to portray the largest CAGR of 11.1% from 2022 to 2031, owing to active participation of individuals aged between 21 and 40 years in events such as exhibitions, conferences, sports events, seminars, and music concerts. The report also identifies segments including below 20 years and above 41 years.

Region wise, North America garnered the major sports events market share in 2021, and is expected to maintain its market share throughout Sports events market forecast period. In 2020, North America had the highest revenue share of more than 50%. The main driver of regional growth is the rise in viewership for sports other than football in United States. With well-known clubs like the Bulls, Cavaliers, 76ers, Raptors, Mavericks, Warriors, Trail Blazers, and NY Knicks, football is the most watched sport in the area. The games are watched by a sizable audience both offline and online. In 2018, 851 824 people watched the Bulls on ESPN, and 843 042 people watched the Cavaliers.

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About Us: 

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs. 

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According to a new report published by Allied Market Research, titled, “Luxury Goods Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product Type, by Mode of Sale, by Gender: Global Opportunity Analysis and Industry Forecast, 2024-2033." The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both its growth drivers and restraints. Additionally, it sheds light on factors expected to offer promising opportunities for development of industry in the future. The global luxury goods market size was valued at $328.1 billion in 2023 and is projected to reach $447.3 billion by 2033, growing at a CAGR of 3.2% from 2024 to 2033.

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Luxury goods market trends such as a rise in disposable income, upgradation in consumer lifestyle, and inclination towards exquisite jewelry, watches, designer apparel, leather goods, and other merchandise have boosted the demand for luxury goods. The designer apparel segment dominated the global market in 2023 and is expected to maintain this trend in the future.

The increasing wealth among affluent individuals globally drives the luxury goods market. Economic growth in emerging markets, alongside wealth accumulation in developed countries, has expanded the customer base for luxury brands. High net-worth individuals and the rise of the middle class with disposable income fuel the demand for luxury products. This wealth growth enables consumers to indulge in premium goods, reinforcing the luxury market's expansion. As more people achieve financial stability and prosperity, their spending on luxury items increases, contributing to luxury goods market demand.

The luxury goods industry comprises products of superior quality and high value. Developing countries such as India, Japan, China, and South Korea are anticipated to exhibit an increase in demand for luxury goods, owing to increased disposable income and rise in living standards. Manufacturers' focus on developing elegantly designed and affordable products for upper-middle and upper-class customers is expected to propel luxury goods market growth. luxury goods market segmentation includes product type, mode of sale, and gender.

The luxury goods market has been segmented based on product type, mode of sale, gender, and region. Based on product type, the luxury goods market is bifurcated into designer apparel, jewelry & timepieces, accessories, cosmetics, fine wines/champagne, and spirits. Based on the mode of sale, the market is segmented into retail and online. Based on gender, the market is divided into the male and female. Region-wise, the market is divided into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa.

Based on product type, the global luxury goods market is segmented into designer apparel & footwear, jewelry, accessories, cosmetics & beauty products, fine wines/champagne & spirits, travel goods, and others. The other segment includes luxury products such as writing instruments and electronic gadgets. The growth of the tourism industry and travel retail is expected to boost the sales of products in the luxury travel goods segment. In developing regions such as Asia-Pacific and LAMEA, higher demand for luxury goods and accessories is anticipated owing to the higher tourism rate and evolving luxury goods market demand.

The report provides a comprehensive luxury goods market analysis of the key players that operate in the global Luxury Goods Market such as The Estee Lauder Companies Inc., LOral International, LVMH Group, Kering SA, The Shiseido Company, Ltd., Prada S.p.A., Ralph Lauren Corporation, Swatch Group, Luxottica Group S.p.A, and Compagnie Financire Richemont SA. These players occupy a major share in the luxury goods market followed by other tier 2 and tier 3 players worldwide.

Key Benefits for Stakeholders:

➢ This report provides a quantitative analysis of the luxury goods market segments, current trends, estimations, and dynamics of the luxury goods market analysis from 2024 to 2033 to identify the prevailing luxury goods market opportunities. ➢ Market research is offered along with information related to key drivers, restraints, and opportunities. ➢ Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network. ➢ In-depth analysis of the luxury goods market segmentation assists to determine the prevailing market opportunities. ➢ Major countries in each region are mapped according to their revenue contribution to the global luxury goods market statistics. ➢ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. ➢ The report includes the analysis of the regional as well as global luxury goods market trends, key players, market segments, application areas, and market growth strategies.

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About Us: 

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs. 

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.   

Contact: