20-Jun-17 – CRI Report

North America Epsom Salt Market Research Report – Forecast to 2027

admin — Fri, 17 Aug 2018 09:05:25 +0000

Epsom salt is hepta-hydrate sulphate mineral epsomite (MgSO4•7H2O). Epsom salt is a mineral compound of magnesium and sulphate. Epsom salt composes of tiny and colorless crystals enriched with essential oils & fragrance. Epsom salts is best recognized as an element of bath salts and offers wide range of applications such as gardening, agriculture process, healthcare, home remedies, cosmetics and others. Epsom salt is a natural exfoliant and anti-inflammatory remedy that can be used to treat muscle aches and sore muscles, dry skin, and even to fight various internal health issues.
Magnesium and sulphate are two major component of Epsom salt and considered as healing minerals. Magnesium helps in regulating the enzyme activity and performs a significant role in orchestrating many bodily functions ranging from muscle control and electrical impulses to energy production and the removal of harmful toxins. However, sulphate plays a vital role in biological processes such as formation of proteins in joints, formation of brain tissue, detoxifying drugs & environmental contaminants, and helps in cascading the digestive enzymes released from the pancreas. Use of Epsom salt is considered as cost-effective measures to mitigate the risk of acute and chronic health problems.
Epsom salt is regarded as organic fertilizer which is added to the soil or applied to the plants as a foliar spray. Epsom salt is used as a fertilizer in diverse set of applications including agriculture fields, livestock breeding, forestry and soilless culture with its major use in rubber tree, oil palm, tobacco plant, orange and tangerine plant & grasslands. It promotes the healthier growth of plants; relieve magnesium deficiency in soil found during intensive cropping and offer plant nutrient solutions.
Also, with growing interest of consumers in management of gardens and maintaining landscapes sustainably, the demand of Epsom salt has surged. Apart from its use in agriculture and turf management, Epsom salt finds its use in health care, personal care and home care industries.
North American epsom salt Market, by form, crystal form segment is estimated to account maximum market proportion of over 31% by the end of 2017. Crystal form segment is projected to reach USD 363.39 million by the end of 2027. The bath bomb is projected to register a substantial growth rate of 4.89%.
North American epsom salt market, by application which includes agriculture, food additives & pharmaceutical, personal care & home care, chemical & industrial, others (R & D). Personal care & home care will dominate this market, which is projected to reach USD 321.34 million and will grow at a CAGR of 4.47% by 2027. Food additives & pharmaceutical segment is estimated to grow at a highest CAGR of 4.68%, and value will reach USD 295.30 million during the forecast period.
North American epsom salt market, by distribution channel which includes store based- drug stores & specialty pharmacies, health & wellness center, super markets & hyper markets, convenience stores, others and non-store based. Store based is dominating in this segment and is expected to grow at a CAGR of 4.04% and value will reach USD 692.88 million during the forecast period. Also, non-store based distribution channel is experiencing a high growth at a CAGR of approximately 4.86% during the forecast period.
Key Players
The leading market players in the North American epsom salt market primarily are K+S KALI GMBH (Germany), Baymag Inc. (Canada), Bathclin (Japan), PDC Brands (U.S.), CVS Pharmacy (U.S.), San Francisco Salt Company (U.S.), Morton Salt Company, Saltworks, Inc.
Study Objectives of epsom salt Market Forecast to 2027
• Detailed analysis for individual micro and macro markets for epsom salt
• To estimate market size by Form, Application, Distribution Channel and Country
• To understand the supply and demand dynamics of epsom salt
• To provide country level market analysis and future outlook for the U.S., Canada and Mexico
• Company profiling of major players & competitive positioning for the epsom salt market
• Value chain analysis and supply chain analysis of epsom salt
• Analysis of historical market trends, and technologies, and current government regulatory requirements related to epsom salt market
Target Audience
• Epsom salt manufacturers
• Food service industries
• Raw material suppliers
• Retailers and wholesalers
• Traders, importers and exporters

Key Findings
• The demand of the epsom salt is projected to expand at a high pace in food additives & pharmaceutical industry. Also, epsom salt is showing a high growth rate in the use of personal care & home care products. Furthermore, epsom salt market has very strong hold on North American region.
Country Analysis of epsom salt market development and demand forecast to 2027 Market
As per the MRFR analysis, the North American market for epsom salt has witnessed continued demand during the last few years and is projected to reach USD 1160.79 million by 2027, at a CAGR of 4.37% during the forecasted period. The U.S. is estimated to dominate the North America epsom salt market holding a lion’s share of more than 70% and projected to reach USD 801.52 million. Canada will witness the highest growth rate of 5.02% in the North American epsom salt market whereas mexico will witness moderate growth rate.
The reports also cover country level analysis:
• North America
o U.S.
o Canada
o Mexico

1 Report Prologue
2 Introduction
2.1 Definition
2.1.1 Epsom salt
2.2 Scope of the Study
2.2.1 Research Methodology
2.3 Assumptions
2.4 Limitations
2.5 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Forecast Model
4 Premium Insights
4.1 North America Epsom Salt Market: Market Mapping & Research Methodology
4.2 Market Overview: North America Epsom Salt Market
4.3 NORTH AMERICAN EPSOM SALT MARKET: Y-O-Y GROWTH (VALUE), 2014-2027
4.4 Epsom Salt Major Brands: Snapshot
4.5 Industry Trends and Market Environment: North America Epsom Salt Market
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Growing consumer awareness
5.2.2 Increasing Incidence of diseases
5.2.3 Urbanization and changing lifestyle
5.2.4 Need for sustainable agriculture to increase agricultural productivity
5.3 Restraints
5.3.1 Regulatory Framework
5.3.2 Non-suitability for mass population and side-effects of Epsom salt use
5.4 Opportunities
5.4.1 Diverse Application of Epsom Salt
5.4.2 Growing industrialization in emerging markets
5.4.3 Increasing disposable income especially in developing countries
5.4.4 Development of wellness and personal image industry
5.5 Challenges
5.5.1 Certification along with branding & labelling issues
5.5.2 Close competition with other salts
6 Mega Trends
6.1 Epsom salt will fuel next wave of growth
6.2 Trade (Import-export) Analysis
6.3 Macroeconomic indicators analysis
7 Market Factor Analysis
7.1 Introduction
7.2 Value Chain Analysis
7.3 Supply Chain analysis
7.4 Porter’s Five Forces
7.4.1 North American Epsom salt Market:Porter’s 5 Forces Analysis:
7.4.2 Threat of New Entrants
7.4.3 Threat of Substitutes
7.4.4 Bargaining Power of Buyers
7.4.5 Bargaining Power of Suppliers
7.4.6 Intensity of Rivalry
8 Market Analysis
8.1 Introduction
8.1.1 Health benefits
8.1.2 Agricultural uses
9 North America Epsom Salt Market Analysis
9.1 North America Epsom Salt Market, By Country
9.1.1 U.S.
9.1.2 Canada
9.1.3 Mexico
9.2 North America Epsom Salt Market, By Form Type
9.3 North America Epsom Salt Market, By Application
9.4 North America Epsom Salt Market, By Distribution Channel Type
10 Major Manufacturers Analysis of Epsom Salt
10.1 K+S KALI GMBH (Germany)
10.1.1 Company Profile
10.1.2 Company Snapshot
10.1.3 Product and Specifications
10.1.4 Key development
10.1.5 Business strategy
10.1.6 SWOT Analysis
10.2 Baymag Inc. (Canada)
10.2.1 Company Profile
10.2.2 Company Snapshot
10.2.3 Product and Specifications
10.2.4 Key development
10.2.5 Business strategy
10.2.1 SWOT Analysis
10.3 Bathclin (Japan)
10.3.1 Company Profile
10.3.2 Company Snapshot
10.3.3 Business strategy
10.4 PDC Brands (U.S.)
10.4.1 Company Profile
10.4.2 Company Snapshot
10.4.3 Product and Specifications
10.4.4 Key developments
10.4.5 Business strategy
10.5 CVS Pharmacy (U.S.)
10.5.1 Company Profile
10.5.2 Company Snapshot
10.5.3 Product and Specifications
10.5.4 Key developments
10.5.5 Business strategy
10.6 San Francisco Salt Company (U.S.)
10.6.1 Company Profile
10.6.2 Company Snapshot
10.6.3 Product & Specification
10.6.4 Key developments
10.6.5 Business strategy
10.7 Morton Salt Company
10.7.1 Company Profile
10.7.2 Company Snapshot
10.7.3 Product & Specifications
10.7.4 Key developments
10.7.5 Business Strategy
11 Competitive Landscape

The post North America Epsom Salt Market Research Report – Forecast to 2027 first appeared on CRI Report.

Global Mechanical Hand Tools Market Research Report – Forecast to 2023

admin — Fri, 17 Aug 2018 09:01:53 +0000

Mechanical hand tools are widely used in the construction industry. The rise in the number of manufacturing plants, increase in demand for professional hand tools kit and demand for wooden furniture are some of the factors which will help to push the market towards growth. The need for mechanical hand tools is gradually rising owing to factors such as, growing demand from construction industry coupled with increasing industrialization, growing application industries, increasing demand from household applications and among others. Mechanical hand tools are widely used in the construction industry. The rise in the number of manufacturing plants, where hand tools are majorly used, will lead to the growth of mechanical hand tool market. The industrial sector is expected to grow and would increase in demand for professional hand tools kit, thus leading to the growth of the market. On the other hand, the need for hand tools is likely to increase with the increase in the demand for wooden furniture. The key factors responsible for the growth of the furniture market is growth in construction and renovation activities. Increase in the number of single-person and two person households, has resulted in the increase in demand for small and convenient furniture.
The market has been analyzed based on the three segments of types, application and end-use in the regions of North America, Europe, APAC and Rest of the World. On the basis of type, it has further been segmented as edge tools, hand service tools, handsaw and other. Hand service tools accounted for the largest market share of 36.80% in 2016, with a market value of USD 5,904.2 million. On the basis of application, the segments include construction industry, decoration industry and household application. Construction industry is responsible for major investment and contributes to the economic development of the economy.
This market was valued at USD 16,044.1 million in 2016 and is poised to reach USD 20,516.3 million with a CAGR of 3.67% during the forecast period.
Regional Analysis
Geographically, North America has emerged as the leading market for mechanical hand tools market consuming around 35.3% market share in 2016. US is one of the leading country in terms of consumption owing to the rising construction sites and rapid industrialization. Asia-Pacific region has registered itself as the fastest growing region with a CAGR of 4.00% during forecast period. Whereas Europe stood on third rank in terms of value.
Key Players
We recognize the key players in the global mechanical hand tools market as Robert Bosch Tool Corporation (U.S), Stanley Black & Decker, Inc. (U.S.), Snap-on (U.S.), TOYA SA (Poland), Metabowerke GmbH (Germany), Hilti Corporation (Liechtenstein), Techtronic Industries Co. Ltd (TTI) (Hong Kong), Makita Corporation (U.S.) Wurth Group (Germany), Klein Tools (U.S.) and others.
Objective of the Report
• To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the mechanical hand tool market
• To provide insights about factors affecting the market growth
• To analyze the global mechanical hand tool market based on various tools such as Value Chain Analysis, and Porter’s Five Forces Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by type, application and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the mechanical hand tool market

Target Audience
• Organizations
• Manufacturer
• Research Institute / Education Institute
• Potential Investors

Key Findings
• Hand Service Tools segment expected to witness growth in global mechanical hand tools market with share of 36.8% in 2016, in terms of value. It is expected to grow at 4.15% CAGR during the forecast period
• Construction industry segment is expected to witness highest growth of 3.81% CAGR from 2017 to 2023
• North America dominate the global mechanical hand tools market with a share of 35.3% in 2016, in terms of value. It is expected to grow at a CAGR of 3.50% during the forecast period

The report also covers country level analysis:
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• Rest of the World
o Latin America
o Middle East & Africa

1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4 Market Dynamics
4.1 Introduction
4.2 Impact Analysis
4.3 Market Drivers
4.3.1 growth in construction industry
4.3.2 Growth in the furniture market
4.3.3 Increase use of capital goods in households
4.4 Restraints
4.4.1 Power Tools Replacing Traditional Hand Tools
4.4.2 Fluctuation In Raw Material Prices
4.5 Opportunities
4.5.1 Broader Scope In Developing Nation
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
5.2 Supply Chain Analysis
6 Global mechanical Hand Tools Market, By Type
6.1 Overview
6.1.1 Edge Tools
6.1.2 Hand service tools
6.1.3 Handsaw
6.1.4 Other
7 Global Mechanical Hand Tools Market, By Application
7.1 Overview
7.1.1 Construction Industry
7.1.2 Decoration Industry
7.1.3 Household Application
8 Global Mechanical Hand Tools Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy.
8.3.5 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia-Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East & Africa
9 Competitive Scenario
9.1 Overview
9.1.1 Merger & Acquisition
9.1.2 Product Development
10 Company Profiles
10.1 Robert Bosch Tool Corporation
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Product/Service Offering
10.1.4 Strategy
10.2 Stanley Black & Decker, Inc.
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Product/Service Offering
10.2.4 Strategy
10.2.5 Strategic Development
10.3 Snap-on
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Product/Service Offering
10.3.4 Strategy
10.3.5 Chart: Strategic Development
10.4 TOYA SA
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Product/Service Offering
10.4.4 Strategy
10.5 Metabowerke GmbH
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Product/Service Offering
10.5.4 Strategy
10.6 Hilti Corporation
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Product/Service Offering
10.6.4 Strategy
10.7 Techtronic Industries Co. Ltd(TTI)
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Product/Service Offering
10.7.4 Strategy
10.8 Makita Corporation
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Product/Service Offering
10.8.4 Strategy
10.9 Wurth Group
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Product/Service Offering
10.9.4 Strategy
10.1 Klein Tools
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Product/ Service Offering
10.10.4 Strategy
11 Conclusion

The post Global Mechanical Hand Tools Market Research Report – Forecast to 2023 first appeared on CRI Report.