Dry Milling Global Market Report 2023 – By Source (Yellow Corn, White Corn), By End Product (Ethanol, Dried Distillers Grain With Soluble (DDGS), Corn Grits, Corn Meal, Corn Flour, Other End Products), By Application (Fuel, Feed, Food) – Market Size, Trends, And Global Forecast 2023-2032

Dry bulk materials trucking refers to the mode of transportation of raw substances that are transported in huge, unpackaged packages by using trucks, freight, and other modes of movement to provide over-the-road transportation from one place to another to reduce time, cover long distances, and reduce environmental pollution for dry bulk materials including coal, grains, metal, and related products. The main commodity types in the dry bulk materials trucking market are iron ore, coal, and pet coke, grains and agricultural products, cement and aggregates, fertilizers, and others. Iron ore is a rock from which iron is extracted in mineral form. The market is segmented by vessel type into capesize, handysize, panamax, and handymax, and by application into food and beverages, construction, automotive, energy and mining, agriculture, chemicals, and others. It is divided by end-use into iron ore, steel products, lumber or logs, and others. The global dry bulk materials market is segmented - 1) By Commodity Type: Iron Ore, Coal And Pet Coke, Grains And Agricultural Products, Cement/ Aggregates, Fertilizers, Other Commodity Types 2) By Application: Food And Beverages, Construction, Automotive, Energy And Mining, Agriculture, Chemicals, Other Applications 3) By Vessel Type: Capesize, Handysize, Pananmax, Handymax 4) By End Use: Iron Ore, Steel Products, Lumber or Log, Other End Users The global dry bulk materials market size will grow from $363.94 billion in 2022 to $393.83 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global dry bulk materials is expected to grow to $525 billion in 2027 at a CAGR of 7.5%. Rising demand for raw materials for the manufacturing, defense, and infrastructure sectors is driving the growth of the dry bulk material trucking market. This upsurge in demand is attributed to the rise in industrialization, population, and urbanization. For instance, according to the report of the World Bank, the European mineral raw materials industry demonstrated a considerable increase in the production of minerals needed for clean energy technologies. It additionally clarifies the requirement for a wide range of minerals and metals for implementing renewable energy strategies and their related infrastructure. The demand for minerals such as graphite, lithium, and cobalt is expected to be as high as 500% by 2050. There is a need for efficient dry bulk trucks to carry these dry bulk materials, thereby driving the growth of dry bulk materials market. Major players in the dry bulk materials market are Melvin Orr Trucking, C.H. Robinson, J.B. Hunt Transport Services Inc., YRC Freight, Swift Transportation, Landstar System Inc., TransproBurgener, Bulkmatic, Kenan Advantage Group, and Quality Distribution. The restrictions on high rates of carbon emissions from dry bulk carrier trucks are expected to limit the growth of the dry bulk material trucking market. The EU Commission proposed a regulation setting the first-ever CO2 emission performance standards for new heavy-duty vehicles. The targeted reduction in average CO2 emissions from heavy-duty vehicles in 2025 is likely to be 15% lower than in 2019. Such impositions can cause a threat to dry bulk carrier trucks as they increase operational expenditure, thus restricting the growth of the dry bulk materials market. The dry bulk materials market is increasingly using technology for higher output and efficiency, which is gaining significant popularity in the dry bulk materials market. The use of technology includes artificial intelligence, automation, the use of apps, and others. For instance, in April 2020, Roger, a technology company for trucks, has developed an app that will provide real-time information about the status and location of all their current loads, boosting the efficiency of the businesses. The technology reduces information generation time, digitises paperwork, tickets, and back-and-forth communication. The app will have features such as paperless tickets, fast digital payment processing, integrations with major industry ERPs, and a digital freight marketplace. In September 2020, TFI International Inc., a Canada-based transport and logistics company operating across the USA, Canada, and Mexico, acquired CCC Transportation for $6.8 million. The company acquired all the assets of CCC Transportation and related real estate and equipment. The acquisition will help TFI International Inc. expand its footprint in the US specialised truckload business. CCC Transportation is a USA-based bulk carrier company that offers dry vans, intermodal, dedicated fleets, logistics, and retail direct delivery. Asia-Pacific was the largest region in the dry bulk materials market in 2022. North America was the second largest region in the global dry bulk materials market share. The regions covered in the global dry bulk materials market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the dry bulk materials market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The dry bulk materials trucking market includes revenues earned by entities by providing transportation service for shipment of heavy goods from one place to another. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The dry bulk materials market research report is one of a series of new reports from The Business Research Company that provides dry bulk materials market statistics, including dry bulk materials industry global market size, regional shares, competitors with a dry bulk materials trucking market share, detailed dry bulk materials market segments, market trends and opportunities, and any further data you may need to thrive in the dry bulk materials trucking industry. This dry bulk materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Dry construction refers to the use of lightweight materials, structures, and systems created on the principle of lightweight construction. Dry construction aims at reducing the use of water, reducing construction time, improving moisture resistance, enhancing fire safety, and reducing the impact of real estate on the environment. The main dry construction types include supporting framework and boarding. Supporting frameworks are used in dry construction as a framework of beams (rafters, posts, struts) forming a right-angle structure that supports a roof, bridge, or other structure. The different dry construction materials include plasterboard, wood, metal, and plastic. They also consist of various systems, such as ceiling systems, wall systems, and flooring systems, used in different applications, which include residential and non-residential. The global dry construction market is segmented - 1) By Type: Supporting Framework, Boarding 2) By Material: Plasterboard, Wood, Metal, Plastic 3) By System: Ceiling System, Wall System, Flooring System 4) By Application: Residential, Non Residential The global dry construction market size grew from $71.21 billion in 2022 to $73.58 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global dry construction is expected to grow to $83.36 billion in 2027 at a CAGR of 3.2%. The increasing focus on sustainable construction is expected to propel the growth of the dry construction market. Governments across the world are focusing on making towns more sustainable and livable. Dry construction techniques are mostly used in sustainable construction to reduce energy consumption, recycle rainwater, and cool housing and development board (HDB) towns. In February 2020, the government of Singapore announced a new programme to ensure sustainable living in Singapore. The program, named “Green Towns,” with an investment of $1.8 billion from the Singapore central bank, will focus on reducing energy consumption, recycling rainwater, and other issues. Hence, raising awareness and investing in green town programmes drives the dry construction market. Major players in the dry construction market are Saint Gobain, Xella Group, Etex Group, Fletcher Building, USG Boral, CSR, Knauf, Panel Rey, Pabco Gypsum, Armstrong World Industries, Inc., Georgia Pacific, Beijing New Building Materials, 3G Drywall, New Orleans Glass Company and CANO ROOFING Technological advancement is a key trend gaining popularity in the dry construction market. Major stakeholders operating in the dry construction sector are focused on developing new technological solutions to strengthen their position. For instance, in November 2020, the Central Public Works Department (CPWD), under the Ministry of Housing and Urban Affairs in India, adopted a non-polluting, dry construction and environment-friendly technology called LGSF (light gauge steel frame) to construct two major office blocks. The use of new construction materials and technologies is sustainable and environmentally friendly, as well as cost-effective and faster, which reduced construction time from 24 to 30 months. In December 2020, Armstrong World Industries, a US-based international designer and manufacturer of walls and ceilings, acquired Arktura, LLC for an undisclosed amount. This acquisition will make Armstrong stronger in the dry construction segment and enhance its capabilities and product portfolio. Arktura LLC is a US-based company that is into designing and manufacturing standard and customizable wall and ceiling systems. Asia-Pacific was the largest region in the dry construction market in 2022. North America is expected to be the fastest-growing region in the dry construction market during the forecast period. The regions covered in the dry construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the dry construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The dry construction market includes revenues earned by entities by dry construction using materials including timber, metal (steel), and precast reinforced concrete. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The dry construction market research report is one of a series of new reports from The Business Research Company that provides dry construction market statistics, including dry construction industry global market size, regional shares, competitors with a dry construction market share, detailed dry construction market segments, market trends and opportunities, and any further data you may need to thrive in the dry construction industry. This dry construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Machine tools, also referred to as stationary power-driven equipment, are used to shape or create pieces made of metal or other materials. These are used for cutting, boring, grinding, shearing, and also used for deformations. The main types of machine tools are milling machines, drilling machines, turning machines, grinding machines, electrical discharge machines, and others. The milling machines tools are referred to as multi-purpose machines that can mill and turn materials as well. A milling machine is a circular tool that has several cutting edges symmetrically arranged all over it. This machine is used for flat and irregularly shaped surfaces. These are used to drill, bore, and cut gears. The different automation types include CNC machine tools and conventional machine tools which are distributed by several sales channels, including direct, and indirect. It is employed in various industries such as automotive, aerospace and defense, construction equipment, power and energy, industrial, and others. The global machine tools market is segmented - 1) By Product Type: Milling Machines, Drilling Machines, Turning Machines, Grinding Machines, Electrical Discharge Machines, Other Product Types 2) By Automation Type: CNC Machine Tools, Conventional Machine Tools 3) By Sales Channel: Direct, Indirect 4) By Industry: Automotive, Aerospace and Defense, Construction Equipment, Power and Energy, Industrial, Other Industries The global machine tools market size grew from $87.72 billion in 2022 to $93.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global machine tools market is expected to grow to $112.58 billion in 2027 at a CAGR of 4.8%. The growing manufacturing industry is expected to propel the growth of the machine tools market going forward. Machine tools refer to power devices that are used to process workpieces and act as important equipment in the manufacturing process of mechanical parts. These machines are used for forming, cutting, and joining tools. As a result growth in the manufacturing industry will increase the demand for machine tools. For instance, in September 2021, according to India Brand Equity Foundation (IBEF), an India based government agency, 2021 India received $30 billion worth of foreign direct investments which increased to 15% when compared to previous years and also in the same year, the government approved the production-linked incentive (PLI) scheme worth $3.53 billion for the manufacturing auto industry and drone industry to boost India’s manufacturing capabilities. Therefore, the growing manufacturing industry is driving the growth of the machine tools market. Major players in the machine tools market are Doosan Machine Tools Co. Ltd., Makino, Georg Fischer, JTKET Corporation, Komatsu NTC Ltd., OKUMA Corporation, Hyundai WIA, Chiron Group SE, Haas Automation Inc., Yamazaki Mazak Corporation, Amada Private Limited, MAG IAS GmbH, GROB-WERKE GmbH and Co. KG, Ace Micromatic Group, Spinner Machine Tools, Dalian Machine Tools Group Corporation, and Electronica Hitech Engineering Pvt. Ltd. New product innovations have emerged as the new key trend gaining popularity in the machine tools market. Major companies operating in the machine tools market focused on new product innovations to sustain their position in the market. For instance, in June 2022, LMW Machine Tool Division, an India-based automation machinery manufacturing company, launched 2 new machines – the JG 50 Vertical Machining Center and LF20C Twin G Twin Turret Chucker, and showcased 3 latest machines and machining solutions at INTEC 2022 exhibition held in Coimbatore. The unique features of the JG 50 Vertical Machining Center include very high acceleration of greater than 1G and spindle speed up to 16,000 rpm. LF20C Twin G Twin Turret Chucker has dual spindles and dual turrets which indicate it has 2 CNC Turning Centers combined into one machine. In April 2021, EMAG Group, a Germany-based provider of the latest technological advances to optimize a manufacturing solution for every customer’s requirement acquired Samputensili Machine Tools for an undisclosed amount. With this acquisition, EMAG is broadening its area of technologies by adding gear production processes such as shaving, tooth flank grinding, gear shaping, profile grinding, and generating grinding. Samputensili Machine Tools is an Italy-based company that specializes in producing high-quality gear cutting tools. Asia-Pacific was the largest region in the machine tools market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global machine tools market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the machine tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The machine tools market consists of sales of lathes and boring mills, shapers and planers, drilling machines, power saws, and presses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The machine tools market research report is one of a series of new reports from The Business Research Company that provides machine tools market statistics, including machine tools industry global market size, regional shares, competitors with a machine tools market share, detailed machine tools market segments, market trends and opportunities, and any further data you may need to thrive in the machine tools industry. This machine tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Dry dairy products are manufactured by converting dairy products into a dry powder requires removing nearly all water by methods such as spray drying; drum drying and others. A condensed dairy product is formed by removing 60% of the water from the dairy product. Evaporated dairy products are made through the process of removing water from dilute liquid foods to obtain a product with a desired solid concentration. The main types of dry, condensed, and evaporated dairy products are dry dairy products, condensed dairy products, and evaporated dairy products. Condensed milk is cow’s milk that has had the water removed. It’s most commonly seen with sugar added, like sweetened condensed milk, to the point where the names "condensed milk" and "sweetened condensed milk" are widely interchanged nowadays. The different end-users include food, beverages, intermediate products, condiments, and other distribution channels and are distributed through various channels such as supermarkets, hypermarkets, convenience stores, e-commerce, and other distribution channels. The global dry, condensed, and evaporated dairy products market is segmented - 1) By Type: Dry Dairy Product, Condensed Dairy Product, Evaporated Dairy Product 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By End Use: Food, Beverages, Intermediate Products, Condiments, Other End Users The global dry, condensed, and evaporated dairy products market size grew from $111.75 billion in 2022 to $120.06 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global dry, condensed, and evaporated dairy products market of global dry, condensed, and evaporated dairy products market is expected to grow to $154.51 billion in 2027 at a CAGR of 6.5%. The increasing demand for local, sustainable, and organic food production is expected to positively impact the dry, condensed, and evaporated dairy product manufacturing market during the forecast period. Organic food products, including dry, condensed, and evaporated dairy products, place a strong emphasis on consumer health, environmental protection, and animal welfare. Consumers are now becoming more concerned with how food is raised and prepared and are willing to pay a little more for something they recognize as healthy. For instance, in June 2022, the Organic Trade Association, a US-based trade association representing over 9,500 organic businesses, sales of organic fruits and vegetables increased by 4.5% with revenue of $21 billion representing 15 percent of the total product market in the year 2021 in the US. This growing demand for organic products offers considerable opportunities for dry, condensed, and evaporated dairy product producers in both developed and developing countries, which is likely to drive the market during the forecast period. Major companies in the dry, condensed, and evaporated dairy products market include Kerry Group plc, Tate & Lyle, Rhodes Food Group, Nestlé S.A, The J.M. Smucker Company, GCMMF PVT Ltd., Magnolia Inc., and Goya Foods Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the dry, condensed, and evaporated dairy product manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak is expected to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the dry, condensed, and evaporated dairy product manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. The internet of things (IoT) technology is increasingly being used to track dairy products and ensure safe product handling. IoT technology consists of a network of devices, vehicles, or other items that continuously exchange data and provide insights into a process or system. This technology is being used to track ingredients being used in products. Equipment connected to the internet in trucks and storage coolers can be used to monitor dairy products and tag them with environmental conditions like temperature or location that provide information about safe product handling during transportation. For instance, the Chinese government implemented the National Food Quality Safety Traceability Platform, using IoT technology to improve the quality and safety of food production supply chains. Western Europe was the largest region in the dry, condensed, and evaporated dairy products market share in 2022. Asia-Pacific was the second-largest region in the dry, condensed, and evaporated dairy products market. The regions covered in the global dry, condensed, and evaporated dairy products industry report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dry, condensed, and evaporated dairy products market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam The dry, condensed, and evaporated dairy product market consists of sales of buttermilk powder, yogurt powder, cheese powders, condensed whey, evaporated whey, and other dry, condensed, and evaporated dairy products. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The dry, condensed, and evaporated dairy product research report is one of a series of new reports from The Business Research Company that provides dry, condensed, and evaporated dairy product statistics, including dry, condensed, and evaporated dairy product industry global market size, regional shares, competitors with dry, condensed, and evaporated dairy product shares, detailed dry, condensed, and evaporated dairy product segments, market trends and opportunities, and any further data you may need to thrive in the dry, condensed, and evaporated dairy product industry. This dry, condensed, and evaporated dairy product research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry

Dry cleaning services refer to those agencies that provide clothes cleaning with an organic solvent without using water during the inspection, spotting, and finishing process. Laundry services refer to those companies that provide clothes-washing, drying, starching, and ironing services to their clients. The main types of dry-cleaning and laundry services are coin-operated laundries and drycleaners, dry-cleaning and laundry services (except coin-operated), and linen and uniform supply. A coin-operated laundry or dry-cleaning business is a public location where customers can use customer-operated machines to launder or dry clean garments and other materials for a fee. The different end users include commercial dry-cleaning and laundry services, residential dry-cleaning and laundry services, coin-operated laundries, and drycleaners which are available through various distribution channels such as offline, and online. The global dry-cleaning and laundry services market is segmented - 1) By Type: Coin-Operated Laundries And Drycleaners, Dry-Cleaning And Laundry Services (except Coin-Operated), Linen And Uniform Supply 2) By End-Use: Commericial Dry-Cleaning And Laundry Services, Residential Dry-Cleaning And Laundry Services, Coin-Operated Laundries And Drycleaners 3) By Distribution Channel: Offline, Online The global dry-cleaning and laundry services market size will grow from $110.63 billion in 2022 to $114.84 billion in 2023 at a compound annual growth rate (CAGR) of 3.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of dry-cleaning and laundry services market is expected to grow to $129.3 billion in 2027 at a CAGR of 3.0%. The gradual shift in customer spending towards tourism is expected to positively impact the hospitality sector in the forecast period driving the market for dry-cleaning and laundry services. To cater to increasing tourist demands, hotels are coming up with new business models where the rooms are available for multiple bookings on a single day. This in turn is expected to increase the number of times linen is changed in a hotel room daily, increasing the amount of linen to be washed after every change. This business model is expected to drive the demand for dry-cleaning and laundry services in the hospitality industry, where hotels prefer using a professional launderette to optimize operations time and keep quality services. Therefore, the growth of the hospitality industry is expected to drive the dry-cleaning and laundry services market. Major companies in the dry-cleaning and laundry services market include Elis SA, Spotless Group Holdings Ltd., CSC Serviceworks Holdings Inc., Johnson Service Group, Downer EDI Limited, K Bro Linen Inc., Atlantic City Linen Supply LLC, Linen King LLC, Radiant Services Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the dry-cleaning and laundry services market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lockdown' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the dry-cleaning and laundry services market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. The use of cashless self-service laundries or coin-operated laundries and dry cleaner machines is growing across the world. This growth is primarily due to the emergence of cards and other alternative electronic payment methods such as RFID contactless credit cards, or NFC-enabled mobile wallets that provide a cost-effective alternative to handle cash and are also easy to use. Apart from this, cashless laundry machines also provide relief from painstaking cash management in laundries, and secure solutions over cash-operated machines, which have to be carefully monitored for thefts. For instance, companies such as 'Texas Coin And Commercial Laundry' and 'Lone Star Laundromat Services' based in Texas, USA are laundry service providers that adopted cashless laundry services. North America was the largest region in the dry-cleaning and laundry services market in 2022. Asia-Pacific was the second largest region in the dry-cleaning and laundry services market. The regions covered in the dry-cleaning and laundry services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the dry-cleaning and laundry services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The dry-cleaning and laundry services market consists of revenues earned by entities that provide dry-cleaning and laundry services (except coin-operated and linen and uniform supply), drop-off and pickup sites for laundries and/or dry cleaners, specialty cleaning services for specific types of garments and other textile items (except carpets and upholstery), such as fur, leather, or suede garments, wedding gowns, hats, draperies, and pillows. Establishments in the dry-cleaning and laundry services industry are mainly involved in washing and/or cleaning clothes and linen. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The dry-cleaning and laundry services market research report is one of a series of new reports from The Business Research Company that provides dry-cleaning and laundry services market statistics, including dry-cleaning and laundry services industry global market size, regional shares, competitors with a dry-cleaning and laundry services market share, detailed dry-cleaning and laundry services market segments, market trends and opportunities, and any further data you may need to thrive in the dry-cleaning and laundry services industry. This dry-cleaning and laundry services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Dry eye medication refers to the drugs or medication that is used to treat dry eye by increasing your eye moisture. A multifactorial condition of the tears and ocular surface known as dry eye causes symptoms such as pain, blurred vision, and tear film instability, as well as the possibility of ocular surface injury. The main types of dry eye medication are aqueous dry eye syndrome and evaporative dry eye syndrome. Dry eye syndrome is a frequent problem that arises when the tears aren't able to keep the eyes lubricated enough. Tears may be insufficient and unstable for a variety of causes. The different types of products include liquid drops, gel, liquid wipes, and eye ointment and are used by hospital pharmacies, eye health clinics, retail pharmacies, and online pharmacies. The global dry eye medication market is segmented - 1) By Type: Aqueous dry eye syndrome, Evaporative dry eye syndrome 2) By end-user: Hospital Pharmacies, Eye Health Clinics, Retail Pharmacies, Online Pharmacies 3) By Product Type: Liquid Drops, Gel, Liquid Wipes, Eye Ointment The global dry eye medication market size will grow from $8.67 billion in 2022 to $9.62 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global dry eye medication is expected to grow to $13.99 billion in 2027 at a CAGR of 9.8%. The increased number of cases of dry eye disease results in an increased demand for its treatment. Factors such as aging, lack of vitamin A, wearing lenses, eye surgeries, direct contact with dry wind or smoke, and exposing one’s eyes to screens for a long duration increase the occurrence of the dry eye more likely. For example, a survey conducted by the American Academy of Ophthalmology reported that in the USA, nearly 3.2 million women and 1.68 million men, over the age of 50 were affected by dry eye syndrome. Similarly, a study conducted by the Indian Journal of Ophthalmology indicated a 32% prevalence of dry eye disease in the Northern part of India. the rising prevalence of the disease would increase the demand for its treatment and ultimately facilitate the growth of the dry eye medication market. Major players in the dry eye medication market are Novartis, Allergan, Otsuka, Santen Pharmaceutical, Auven Therapeutics, Akorn, Valent Pharmaceuticals, Johnson and Johnson Vision, Alcon and Bausch & Lomb. The market for dry eye medication market is restricted by the long approval process that is undertaken before any drug is approved by the concerned authority. The standard protocol for testing any new drug demands a series of tests and trials including laboratory tests, animal model tests, and clinical trials. Most drugs fail during clinical trials and only a small percent of them successfully move forward. The cumbersome process of obtaining approvals takes a longer duration of time and restricts the growth of this market. For example, in 2020, Eysuvis, a drug that addresses the short-term treatment needs of patients living with dry eye disease, was approved by the Food and Drug Administration (FDA) after its safety and effectiveness were assessed on more than 2900 patients with the disease in different clinical trials. Similarly, Kissei Pharmaceutical announced to discontinue the development of the KCT-0809 drug after it failed to pass the 3rd phase of clinical trials. Treatment for dry eye disease improved with the incorporation of modern techniques that helped invent advanced hyaluronic acid-based lubricants and lipid emulsions. This technology replaces artificial tears that include isotonic sodium chloride and provides long-lasting lubrication on the surface of the eye. For instance, Allergan, a global pharmaceutical company, launched Refresh Repair Lubricant Eye Drops which are designed to repair and protect the eyes from dry eye disease and improve the clarity of vision and are formulated with carboxymethylcellulose (CMC), hyaluronic acid, and osmoprotectants. These components maintain the health of the ocular surface and safeguard epithelial cells. Advances in technology will have a positive effect on the dry eye medication market. The dry eye medication market is strictly regulated by government agencies such as USFDA (Food and Drug Administration), the European Medicines Agency (EMA), and others. For instance, in the USA, FDA evaluates and approves the drugs meant for dry eye treatment. According to Section 201(g) of the FDA and CFR (Code of federal regulations) act, the licenses are granted to drug manufacturing companies allowing them to sell only those drugs that are safe and clinically effective. FDA demands several tests and several clinical trial rounds before granting such approvals. For example, FDA approved Kala Pharmaceuticals’ eye-related drug called INVELTYS. In July 2022, Alcon, a Switzerland-based ophthalmology company acquired Eysuvis pharmaceutical eye drops from Kala Pharmaceuticals for a deal amount of $60 million. Through this acquisition, Alcon acquires Inveltys treatment of post-operative inflammation and pain following ocular surgery and expands its portfolio. Kala Pharmaceuticals is a US-based pharmacuetical company operating in drug eye medication. North America was the largest region in the dry eye medication market in 2022. Middle East is expected to be the fastest-growing region in the global dry eye medication market share during the forecast period. The regions covered in the global dry eye medication market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the dry eye medication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The dry eye medication market consists of sales of polyethylene glycol, polyvinyl alcohol, propylene glycol, carboxymethylcellulose, povidone, glycerine, and mineral oil. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The dry eye medication market research report is one of a series of new reports from The Business Research Company that provides dry eye medication market statistics, including dry eye medication industry global market size, regional shares, competitors with a dry eye medication market share, detailed dry eye medication market segments, market trends and opportunities, and any further data you may need to thrive in the dry eye medication industry. This dry eye medication market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Electric dyers are defined as equipment that is extensively employed by household consumers for carrying out the activity of drying clothes. The main function that is performed by the device is to soak up the moisture from the clothes, lessen the aroma level, and eliminate dust mites from the clothes. The main types of dryers are spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and others. The various vent types include vented dryers, ventless/condenser dryers. A spin dryer is a low-energy dryer that uses centrifugal force to remove water from clothes. These dryers are typically much smaller than standard clothes dryers and do not use heat to dry clothes, instead, they rely on centrifugal force. The dryers are distributed through specialty stores, company-owned stores, hypermarkets, supermarkets, and online and other sales channels, and are used by commercial and residential end-users. The global dryers market is segmented - 1) By Type: Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Other Types 2) By Type Of Vent: Vented Dryer, Ventless/Condenser Dryer 3) By Distribution Channel: Specialty Stores, Company-Owned Stores, Hypermarkets and Supermarkets, Online, Other Distribution Channels 4) By End User: Commercial, Residential The global dryers market size will grow from $11.81 billion in 2022 to $13.12 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global dryers is expected to grow to $19.04 billion in 2027 at a compound annual growth rate (CAGR) of 9.8%. Technological advances are expected to drive the growth of the market for dryers in the forecast period. Increased access to the internet and the use of smartphones supported the development and consumption of innovative technologically enabled appliances. About 4.66 billion people globally had access to the internet in 2020 and 91% of internet users accessed the web from a mobile device. Furthermore, increasing integration of the Internet of Things (IoT) allowed customers to connect with the dryers via the internet and remotely control essential tasks by collecting and exchanging data. This in turn drives the growth of dryers market . Major players in the dryers market are Haier Electronics Group, LG Electronics, Samsung, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, Conair. Increasing demand for online on-demand laundry services is expected to restrain the dryers market in the forecast period. The on-demand laundry services market is expected to be aided by a stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) stated that the global real GDP growth was 3.7% in 2019 and will be 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, according to the World Bank, a US-based international financial institution, the growth of GDP in China amounted to approximately 8.1 percent in 2021. Stable economic growth, increasing internet penetration, and rising disposable income coupled with the h hectic lifestyle of individuals will lead to an increase in on-demand laundry services, thereby limiting the growth of the dryers market. Dryer manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR certified dryers use 20% less energy than a standard washing machine. Asia-Pacific was the largest region in the dryers market in 2022. Western Europe was the second-largest region in the global dryers market share. The regions covered in the global dryers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the dryers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The electric dryers market consists of sales of spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other dryers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electric dryers market research report is one of a series of new reports from The Business Research Company that provides electric dryers market statistics, including electric dryers industry global market size, regional shares, competitors with an electric dryer market share, detailed electric dryers market segments, market trends and opportunities, and any further data you may need to thrive in the electric dryers industry. This electric dryers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Commercial and service industry machinery refers to machinery that is used in commercial and service industries. This machinery has applications in photocopying, dry-cleaning, as well as cleaning industrial space. The main types of commercial and service industry machinery are other commercial and service industry machinery, photographic and photocopying equipment, and optical instrument and lens. The photographic and photocopying equipment refers to the machinery that involves photocopying machinery and is used by a photographer. The various operations include autonomous, semi-autonomous, and manual. The various capacity includes small, medium, and large. The global commercial and service industry machinery market is segmented - 1) By Type: Commercial And Service Industry Machinery, Photographic And Photocopying Equipment, Optical Instrument And Lens 2) By Operation: Autonomous, Semi-Autonomous, Manual 3) By Capacity: Small, Medium, Large Subsegments Covered: , Cameras (Except Television And Video), Projectors, Photocopying Equipment, Other Photographic And Photocopying Equipment, Binoculars, Microscopes (Except Electron, Proton), Telescopes, Other Optical Instrument And Lens The global commercial and service industry machinery market size grew from $204.09 billion in 2022 to $217.74 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global commercial and service industry machinery market is expected to grow to $273.11 billion in 2027 at a CAGR of 5.8%. The commercial and service industry machinery manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the commercial and service industry machinery market include Canon Inc., Sunny Optical Technology Company Limited, Berkshire Hathaway Inc., Ricoh Group, Fujifilm Corporation, Sony Corp, Nikon Corp, Sharp Corporation, II-VI, Incorporated, and Largan Precision Company Limited. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the commercial and service industry machinery manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the commercial and service industry machinery manufacturing will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Optical instrument manufacturers are offering three-dimensional scanning electron microscopes for high-resolution imaging. 3D SEM (Scanning Electron Microscope) generates a high spatial resolution 3D model of a microscopic object. It uses a beam of electrons to scan the surface of an object to create an image detailing the topography and composition of the object’s surface. 3D SEM is capable of quantitatively evaluating surface undulations at a height resolution of 10nm. In addition to topographical and compositional information, a 3D SEM can detect and analyze surface fractures, provide information on microstructures, examine surface contaminations, reveal spatial variations in chemical compositions, provide qualitative chemical analyses and identify crystalline structures. 3D SEMs have a variety of applications in the aerospace, automotive, medical devices, and semiconductor industry. Major companies manufacturing 3D SEM include CAMECA, Carl Zeiss, FEI Company, Oxford Instruments, and JOEL. The Asia-Pacific was the largest region in the commercial and service industry machinery market in 2022. Western Europe was the second largest region in the commercial and service industry machinery market. The regions covered in the global commercial and service industry machinery market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the commercial and service industry machinery market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The commercial and service industry machinery market consists of sales of commercial and service industry machinery that are used in the commercial and service sector, such as floor sanding machines, industrial vacuum cleaners, scrubbing machines, commercial cooking and food warming equipment, and commercial dishwashing machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The commercial and service industry machinery market research report is one of a series of new reports from The Business Research Company that provides commercial and service industry machinery market statistics, including commercial and service industry machinery industry global market size, regional shares, competitors with a commercial and service industry machinery market share, detailed commercial and service industry machinery market segments, market trends and opportunities, and any further data you may need to thrive in the commercial and service industry machinery industry. This commercial and service industry machinery market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.