Sex Toys Market in Europe to Garner USD 2 56 Billion in the Personal Products Industry during 2021-2025 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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NEW YORK, April 15, 2021 /PRNewswire/
Technavio has monitored the sex toys market in Europe in its latest market research report. The market is poised to garner USD 2.56 billion and decelerate at a CAGR of over 6% during the forecast period. This personal products industry report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Sex Toys Market in Europe by Product and Distribution Channel - Forecast and Analysis 2021-2025
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries: however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the sex toys market in Europe.
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The global respiratory protective equipment market is expected to grow at a CAGR of around 4.6% during 2020-2026.
The respiratory protective equipment (RPE) is kind of personal protective equipment (PPE) that protects the wearer from inhaling harmful substances, dust particles and toxic gases in the air.
It consists of various filtering devices, masks and breathing apparatuses, which cover the nose, mouth or the entire face to filter out the contaminants. It also includes half/full mask respirators, helmets, hoods, visors, escape/airline respirators and supplied air respirators.
The global respiratory protective equipment market market report elucidates key industry trends, industry dynamics along with the quantitative analysis of the report.
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Several vendors present in North America are increasingly focusing on providing distinct types of services, such as packaging, product grading, assortment, online parcel tracking, email alerts, mobile applications, and SMS alerts.
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APAC Express Delivery Market to Grow at Highest CAGR during Forecast Period
The global express delivery market the market was valued at US$ 239337.5 million in 2019 and is projected to reach US$ 378233.7 million by 2027; it is expected to grow at a CAGR of 6.3% from 2020 to 2027.
Several vendors present in North America are increasingly focusing on providing distinct types of services, such as packaging, product grading, assortment, online parcel tracking, email alerts, mobile applications, and SMS alerts.
Furthermore, the adoption of software-as-a-service (SaaS) is more prevalent in BFSI, logistics and transportation, electronics, retail, and E-commerce sectors of North America than other verticals. The region is moving to adopt advanced technologies to digitalize every vertical industry present in the region, and thus, boosting the adoption of cloud services from SaaS.