Global 5-Gallon Water Bottles Market size- Industry Trends & Forecast Report 2026

Global 5-Gallon Water Bottles Market witness market size is estimated to be USD 7,856.88 Million in 2019 and, is anticipated to reach worth USD 10,234.50 Million in 2026 at a CAGR of 2.2% during the projection period of 2020-2026. Key factors driving demand for the 5-gallon water bottles and service industry include portability, ease of use and instant delivery with affordable costs. In some regions, drinking water scarcity needs sound sources to meet the growing demand for safe drinking water, consequently leading to increased product sales inducing market growth. Filtered, contamination-free drinking water with convenient exchange and refill facilities in developed region propel the market growth of 5-Gallon Water Bottles market. 

Global 5-Gallon Water Bottles Market Overview

A water dispenser, known as a water cooler is a cooling or heating system that provides water with a refrigeration device. It is usually placed near the bathroom for proximity to the plumbing system, and a drain line is provided to the drainage system from the water cooler. Water dispensers come in variations ranging from wall-mounted to hybrid units for the bottle filler water dispenser, to bi-level units and other types. Usually, bottled water dispensers are available in 5-gallon or 10-gallon dispensers, which are commonly placed on top of the device. 

Top loading water dispensers are easy to set up and made of high-strength, lightweight plastic and are typically easy to carry. Most of them weigh less than 40 pounds and only need one or two individuals to move. Bottom-Loading and Top-loading Bottled Water Dispensers are made of the same materials. The only difference is the water pump used to move up the water into the water tank. They can be shifted and maneuvered with the same ease as top charging water dispensers.

Global 5-Gallon Water Bottles Market Outlook and Trends

Growth Drivers 

Increasing Global Awareness about Safe Drinking Water

Increasing consumer awareness about water safety and quality, owing to rising water-borne diseases across the globe, is one of the fundamental factors responsible for the growth of the water dispenser & services market. Besides, government initiatives through various...

Global Plumbing Fixtures & Fittings Market Size - Industry Trends & Outlook Report 2026

Global Plumbing Fixtures & Fittings Market is estimated to be USD 39.17 billion by 2026 from USD 26.5 billion in 2019, at a CAGR of 5.74 % from 2020 to 2026. High investment in infrastructure facilities, growing investment in smart homes and buildings, and a rise in disposable income can fuel the plumbing fixtures market development. Moreover, an increase in construction facilities in countries of Asia-Pacific is likely to drive market growth. The outline of various new systems comprising water-efficient systems is expected to create lucrative opportunities in the plumbing fixtures market. 

Global Plumbing Fixtures & Fittings Market

Outlook and Trends

Plumbing fixtures are the primary constituents used for numerous domestic and commercial purposes, such as bathing, cleaning, washing, and others. Components of plumbing fixtures include sink faucets, hand showers, showerheads, bath spouts, and valves. The plumbing fixtures & Fittings market portrays a highly competitive vendor landscape due to the presence of new players and well-established companies. Most players are concentrating on refining their product quality and facilitating product upgrades. They are also seeking mergers & acquisitions and partnerships to improve their stance in the plumbing fixtures & fittings market. The arrival of eco-friendly plumbing solutions will be one of the critical plumbing fixtures and fitting market drifts that will advance traction over the forecast period. Eco-friendly plumbing solutions provide superior performance and help consumers save money, diminishing the carbon footprint, and preventing the wastage of water and energy.

Growth Drivers

Heavy Investments in Smart Homes

Due to the inclination of consumers to spend on numerous construction activities and home renovations, the market for plumbing fixtures is probable to raise at a faster pace. Bathroom makeovers and willingness to spend on excellent fixtures such as showerheads and faucets supports the overall plumbing fixtures market development.

High Investment in Infrastructure Facilities

Rising demand for plumbing fixtures and fittings to shape an actual water distribution system and wastewater management are other factors expected to fuel growth of the target market. Furthermore, the growing number of renovation operations amid commercial and...

Global CBD Oil Market size- Industry Trends & Outlook Report 2026

The Global CBD Oil Market size is expected to reach USD 28.67 billion by 2026 from USD 3.87 billion in 2019, at a CAGR of 33.12% during the projection period 2020-26. The increasing recognition of healing properties and health benefits of CBD oil drives the CBD oil market. Besides, growing acceptance and approvals from the states offer promising market prospects for CBD oil-infused medicines or food items or cosmetic products. Marketing initiatives by industry players and social media influencers have turned the wave in favor of CBD oil consumption. Subsequently, product range containing CBD oil is expanding to include skincare, intimate lubricants, hair-care, gummies, pills and infused beverages besides pharmaceuticals and cosmetics. However, the complexity of regulations by major countries across the globe and high costs associated with its manufacture and trade retards market growth.

Global CBD Oil Market Overview

CBD Oil is extracted from hemp or marijuana found in the Cannabis Sativa plant. The moderate CBD oil consumption does not cause psychoactive effects but helps mitigate anxiety & depression, cancer symptoms, diabetic conditions and reduce acne. CBD oil was a controlled substance earlier, and its trade, exchange or manufacture was subject to many regulations in the US and other countries. However, over the last few years, CBD oil has received acceptance due to its safe consumption and several health benefits. It finds traction in various industrial applications such as food & beverages, personal care & cosmetics and pharmaceuticals. The health and wellness retailers are increasingly allotting shelf space for CBD oil products due to its recognized health benefits and higher profit margins.

Global CBD Oil Market Outlook and Trends

Growth drivers 

Increasing State Approvals for Legitimate Use

As many as 33 states of the US have legalized the use of CBD oil for medical usage, and ten states have allowed its recreational use. Other countries such as Uruguay, Canada and some others have legalized the use of marijuana. CBD oil is increasingly available and is consumed in the form of tinctures, infused edibles, topical and more by the consumers for treatment and recreational purposes. More and more government approved pharmacies, dispensaries and stores are stocking CBD oil-based products, including concentrates, lotions, oils, capsules and edibles such as baked goods, gums, candies, coffee, chocolates, etc., driving the growth of the market.

Global Wearable Blood Pressure Monitor Market Size - Industry Trends & Outlook Report 2026

Global Wearable Blood Pressure Monitor Market is estimated to be USD 3771.52 billion by 2026 from USD 1405.83 billion in 2019, at a CAGR of 15.14 % from 2020 to 2026. The demand for patient monitoring devices is increasing due to a rise in the prevalence of chronic diseases and an increase in surgeries that need continuous monitoring. Additionally, due to the growing awareness about healthy routine and fitness, individuals are interested in frequent health checkups to prevent deterioration in health condition. Mobiles and Wearable & portable devices are gaining popularity as they enable the wireless transmission of patient details and secure handling. New technologies such as mHealth, which help in treatment & medication compliance for patients in chronic disease management, are expected to fuel the market development. It helps track the patient's health details, medication schedule, and follow up for the treatment. These associated benefits are some of the factors expected to propel growth.

Global Wearable Blood Pressure Monitor Market: Market Outlook and Trends

Wearable blood pressure monitors are quite smaller in comparison to the traditional blood pressure devices. Most wearable blood pressure monitors are numerical, and the new smart wearable blood pressure monitors function through apps. Wearable blood pressure monitors are accessible in three basic forms: upper arm blood pressure monitor, wrist blood pressure monitor, and finger blood pressure monitor. Amid all types of wearable blood pressure monitors, the wrist wearable blood pressure monitors are of particular interest due to their easy use and non-bulky look and design. 

Increasing occurrence of hypertension and cardiac diseases, the surge in healthcare spending and the rise in adoption of wireless and wearable technology propel the development of wearable blood pressure monitors. Multiple kinds of wearable blood pressure monitors, including wireless upper arm monitors, bulky wrist monitors, and newly FDA approved watch types of blood pressure monitors. With advancements in technology, the acceptance of such wearable blood pressure monitors is expected to rise during the projection period, thereby motivating a significant growth of the wearable blood pressure monitor market.

However, high cost of wearable blood pressure monitors, lack of precision in comparison to conventional devices, and compatibility issues with other...

Global Transplantation Market size- Industry Trends & Outlook Report 2026

Global Transplantation Market worth was estimated USD 13.7 billion in 2019, and it is expected to reach USD 24.09 billion by 2026 at a CAGR of 8.4% during the projection period. The Global Transplantation Market thrives on the need for organ transplants and demand for tissue products, immunosuppressant drugs and organ preservation. Technological advancements further support market growth. The high success rate of transplantation enhances the demand for tissue and organ transplantation services. A large part of the global population suffers from different diseases such as diabetes, cardiovascular disease, pulmonary diseases, cancer or renal diseases, leading to organ and tissue failure requiring transplantation. The market players provide organ and tissue procurement and preservation for meeting the requirement of transplantation. Rising regulatory approvals for innovative products and new guidelines for organ donations also improve market prospects. However, market growth is impeded by limited organ supply, organ rejection and high costs of treatment.

Global Transplantation Market Overview

Transplantation refers to the medical procedure of removing an organ from one body and placing the same in the body of the recipient to replace the failed organ. Multiple organs viz., heart, lung, liver, skin, pancreas, kidney, cornea, can be transplanted. Transplants are essential to lead a healthy life in case of organ and tissue damage. Technological advancements in application and product have led to more successful transplants. The surge has been noticed in tissue transplant with advancements in medical biotechnology. Advanced tissue products such as Dutra matrix Collagen Dura Substitute Membrane and DeNovo NT Graft are beneficial in treatment. Besides, the advance software and systems allow easy and effective maintenance of tissues. Many companies of different scales are engaged in providing products and services related transplants. They form alliances for expanding their reach and introduce advanced products to cater to the transplant requirements.

Growth drivers 

Prevalence of Chronic Diseases and Organ Failures

The prevalence of chronic and acute diseases eventually leads to organ or tissue failures, requiring transplantation. The critical reasons for organ failure are loss of blood, leukemia, sepsis, drug abuse, severe trauma, among others. Besides, the patients and medical professionals are increasingly...

Global Specialty Fats and Oil Market Size - Industry Trends & Outlook Report 2026

Global Specialty Fats and Oil Market worth is expected to be USD 6.28 billion by 2026 from USD 3.2 billion in 2019, at a CAGR of 10.10 % from 2020 to 2026. An increasing gap between demand and supply of cocoa butter, (a substitute for Specialty Fats and Oils) is expected to drive the growth of the market over the projected period. Apart from this, a noticeable surge in the intake of prescribed diet and confectionery will steer the development of Specialty Fats & Oils industry over the forecast period. Also, the rise in the foreign direct funding and alliances observed in the food industry will enlarge the market scope over the coming years. Additionally, the use of specialty fats & oils as a cocoa butter substitute will multiply the request for specialty fats & oils.

Global Specialty Fats and Oil Market: Market Outlook and Trends

Specialty fats are the particular class of vegetables used for other kinds of fats in myriad products such as chocolate, cosmetics, compound coatings, infant formula, confectionery, spreads & filings, ice cream, and dairy products. In addition to this, specialty oils also find massive applications as food additions in cooking & commodity oils. The global demand for specialty fats and oils is estimated to propel the market's development during the forecast period. Moreover, growing health awareness by customers to decrease body cholesterol levels and augmenting the nutritive value of the diet are the main driving forces for the growth of the Specialty Fats and Oils market.

Growth Drivers

Growth in the Consumption of Confectionery and Processed Foods 

Global economic development has led to growth in disposable incomes and busy routines, which has led to a surge in the request for treated food and confectionery products. The worldwide demand for confectionery and chocolates across the globe is...

Global Car Rental Market Size - Industry Trends & Outlook Report 2026

Global Car Rental Market is expected to be USD 189.30 billion by 2026 from USD 92.92 billion in 2019, at a CAGR of 10.7 % from 2020 to 2026. An increasing number of car rental services, changing lifestyle, and increasing spending power of the people, majorly drive the Global Car Rental Market. Increasing tourism activities and continuously expanding tourism budget of travellers have supported the growth of the car rental market. Besides, the rising dependence of users on smartphones for carrying out a variety of activities traditionally done by personal computers has significantly helped transform the car rental experience for customers. Growing sales of smartphones is another major factor propelling the market. Many governments have been focusing on developing tourism infrastructure to attract more tourists, fueling the market growth. But, high car rentals for extended counters may restrict the growth opportunities.

Global Car Rental Market: Market Outlook and Trends

Car rental agencies rent automobiles for a short period at a specific cost. The service is usually provided by car rental operators through many local branches, which are generally situated near airports or busy areas in the city and are accompanied by a website to allow online reservations. The rental period may vary from a few hours to weeks as per the requirement of the customer. During the last few years, the trend of leisure travel, smartphone usage and increasing car rental services has changed the scenario. The convenient accessibility combined with online bookings has increased car rental adoption, thus driving the growth of the market.

Growth Drivers

Increasing Demand for Online Car Rental Services

Online tourist vehicle bookings are increasing over the world owing to the growing usage of smartphones and the number of travellers aged between 25 and 34 who prefer to book vehicle rentals by online channels. Besides, online booking also facilitates verifications of the renter's documents, offering detail to the renter regarding the car, services like drop and pickup of the rented vehicle at a particular place, e-signing contracts, and cashless transactions.

With the rising trend in technology, renting a vehicle through online booking...

Global Smart Hospital Market Size - Industry Trends & Outlook Report 2026

Global Smart Hospital Market is estimated to be USD 25.8 billion in 2019 and is expected to reach USD 116.49 billion by 2026 at a CAGR of 24.03 % from 2020 to 2026. The growing realization about the benefits of smart hospital among the physicians and patients directly affects the growth of the market.

The initiatives for better healthcare infrastructure, rising need of cost-effective solutions, the introduction of internet of things (IoT) supported devices and technologies, increasing number of cases of chronic diseases and acceptance of connected devices and appliances are the critical factors that are expected to contribute to the development of the smart hospital market during the projection period of 2020-2027. Besides, the government is investing hugely in the healthcare sector, creating numerous new opportunities for the growth of the smart hospital market in future. However, the rising cost of connected devices and lack of awareness regarding the Internet of Things-enabled solutions and products may restrain the growth of smart hospitals.

Global Smart Hospital Market: Market Outlook and Trends

Smart hospitals are meant to improve, redesign, or rebuild hospitals with clinical processes, infrastructure, and management systems using the digitized networking infrastructure. Application of these digital solutions helps make a hospital paperless with perfect alignment of clinical procedures & management systems. They deliver extensive services with better healthcare infrastructure and operational productivity. 

The prospects for smart hospital market are bright as remote medicine management, outpatient Vigilance, electronic health record, clinical workflow, connected medical imaging, and medical assistance markets provide valuable service and scope.

Growth Drivers

Increasing use of digitization in the Healthcare Industry

Rising adoption of E-Health and government initiatives to digitize healthcare are likely to push the demand for smart healthcare systems. Digitalization has transformed the healthcare industry. Mobile Health has been accepted widely over the past few years majorly due to the growing usage of smartphones and the internet. According to United Healthcare Consumer Sentiment Survey, approximately 37% of US citizens relied on the internet or mobile apps for their health and illnesses concerns.

Use of cloud...

Saudi Arabia Omega 3 Market – Market Outlook & Trends 

The Saudi Arabia Omega 3 Market is estimated at USD 60 million in 2019 and, it is anticipated to grow at a CAGR of 8.6% and reach USD 106.9 million by 2026. The penetration of Omega 3 in The Active Pharmaceutical Ingredient (API) market determines the industry growth. Growing awareness regarding prolonged diseases and practices supporting the usage of omega 3 in infant formula expands the scope of Omega 3 usage, contributing to the Saudi Arabia Omega-3 market. The ω-3 fatty acids market and n-3 fatty acids market sections contribute considerably to the omega-three fatty acids market size. 

Citizens have become more aware of the benefits of Omega 3 fatty acids and their presence in fish oil. Moreover, health clubs and fitness specialists recommend food products containing Omega 3 as dietary supplements for sportspersons, adding to the market growth. The Fish Omega-3 market has evolved substantially in terms of standard sourcing and procurement practices and streamlined distribution channels, contributing to its sustainability. 

However, severe regulatory barriers and high costs restrict market development. Besides, the omega-3 fish oil market is expected to get affected by low-cost substitutes such as soy products, vegetable oil, nuts, and seeds. 

Saudi Arabia Omega 3 Market – Overview 

Fish oil contains 3 Omega-3 fatty acids viz., Eicosapentaenoic Acid (EPA) and Docosahexaenoic Acid (DHA), Alpha-linolenic acid (ALA), respectively. These fatty acids are essential for human health as per numerous scientific researches, but they are not naturally produced in the human body. And therefore the humans need to obtain them from outside sources such as fatty fishes like salmon, bluefish, menhaden, etc., directly, or via certain supplement products containing their extracts. The indirect source in the form of supplementary products is safe because they are free from any contamination. One significant health advantage of Omega-3 fish oil is that it helps reduce triglycerides by up to 50 %, which consequently prevents heart disease and diabetes. Fish oil improves hormonal balance and male & female fertility. 

The omega-3 deficiency among the citizens in Saudi Arabia has positively influenced the demand for omega-3-based products. Also, the awareness regarding the health benefits of Omega 3 products have induced market players...

Global Industrial Coating Market size- Industry Trends & Outlook Report 2026

Global Industrial Coating Market size is estimated at USD 85.61 billion in 2019 and is expected to reach USD 104.22 Billion by 2026 at a CAGR of 3.12%, over the projection period 2020-2026. Industrial Coatings Market is primarily driven by the massive rising refinish industry in the emerging economies on the backdrop of rapid industrialization and increased spending on infrastructure. Industrial coatings enhance chemical resistance, water resistance, durability, impact resistance, abrasion resistance, and UV light resistance in the various structures of concrete, steel, board, wall, roofs, and other industrial materials. Therefore, they are extensively used in the automotive and oil and gas industries besides other sectors, further driving the growth of the market.

Global Industrial Coating Market Overview

Industrial Coating is an excellent method of corrosion protection. Coatings can be applied to a substrate by using distinct methods such as spray, roller or brush, plating, sealing, etc. It is a thin film applied to various materials including, concrete, steel, and other surfaces where its layers work as the barrier between the electrolyte (water or moisture) and the substrate and also helps prevent corrosion of the substrate surface. Application of these films of polymers includes polyurethane, epoxy, acrylic, alkyds and polyester. 

Industrial coatings are specially engineered products for corrosion safety, wear-resistance and improved aesthetics. They protect the parent material and limit direct exposure to harsh, degrading weather. The coating technology is used to incorporate an organic film with a substrate material that has the desired protective, mechanical, optical, ageing, and adhesion properties. Most technologies process, transform resins, pigments, and additives into industrial coatings that are used in industries such as the Automotive OEM, Refinish, General Industrial, Marine, Aerospace, Wood and others. Environmental laws and water-based technologies are favorable critical factors contributing to the industrial coatings market growth. 

The changing trend towards equipment protection has stimulated the market for industrial coatings in the manufacturing, shipping, chemical, and food processing industries. Increasing adoption of large, high-performance machinery & equipment and automotive & aviation companies has increased the need for efficient coatings which strongly support long-term usage demand. Advances in production units to safeguard the quality of the interior structure and its certification would accelerate market growth...