According to latest research by FMI, bubble tubes market is set to witness steady growth during 2021-2031 with expected CAGR of approximately 5.7%. Demand for bubble tubes will witness steady recovery in short-term, with optimistic growth outlook in the long-run. Raising concern towards the product health benefits along with enhancing technology in the product is likely to gain more popularity in the coming years.
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What is Driving Demand for Bubble Tubes?
For the children suffering with autistic spectrum, sensory processing difficulties, anxiety or various other childhood mental health difficulties, these tubes have been proved as boon to them. In addition they aid in visual development and improving communication skills.
The tubes are kind of sensory equipment which plays a crucial role in sensory development. They feature in wide range of sensory rooms and environments, they carry many benefits and these are aiding in the prosperity of the product.
These tubes carry great ability of attention grabbing and mesmerizing along with calming and soothing. For the occupational therapists, these tubes bring many benefits such as, it helps in engaging and interacting with the audience or clients they are working with, these machines carry diverse use and can be used almost in every environment with any kind of users, they provide very good visual effects and help in relax, calm, engage and motivate.
The tubes are very interactive and encourages learning, which include color recognition, cause and effect, development of choices, storytelling etc.
Water is pumped into the tube while the light at the bottom constantly keeps changing its color. At the same time air is blown into the tube which generates bubbles and make them flicker and shimmers. This process results in the calming effect which draws the attention of the users.
In addition, the bubble tubes requires very less maintenance, their cleaning part is very easy and requires only often. This low cost maintenance ability has been very lucrative for the product and it is further growing the interest of the buyers in the market.
Geographical Outlook of Global Bubble Tubes Market
Bubble tubes market covers six key regions, North America, Latin America, Europe, East Asia, South East Asia & Oceania and MEA. Among them North America and Europe are likely largest buyers of the product. Owing to their high awareness rate about mental health problems of children’s and better build infrastructure for the medical facilities.
The regions spending on health is larger comparing to others in the world and with rising emphasis on sustainable health the business in the region is expected to grow further.
Asia Pacific is anticipated to be second largest market, the region tends to grow northwards, owing to its increasing manufacturing strength. Most of the countries in the region falls in developing global south and both, their medical infrastructure as well as awareness regarding same was low.
But over the years, the region has progressed and is heading towards improvements. Governments in the region has brought many reforms and with growing NGO’s the future is on brighter side of the screen for the target product.
MEA region is expected to have mixed results in the overall manufacturing and sales of the product. High income and stable countries like GCC, Northern Africa, Turkey, and South Africa etc. is expected to have good growth rate.
Whereas countries of African subcontinent along with instable countries of Middle East, where humanitarian crisis is at verge, the region is expected to have minimal sales. Though with growing foreign aid and improvements in regional stability, the region is expected to grow with marginal rate over the forecast period.
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Segmental Analysis for Bubble Tubes Market
Bubble tubes market consists of different type of products which comes in different shapes, sizes and colors, and they serve multiple benefits with best of the decor. These products include, aquarium bubble tube, bead column bubble tube, touch sensitive, hurricane column, color changing and other.
Throwing some light on its basic structure and design, they comes in form such as column, wave panels, wall panels etc. simple column type bubble tube is most common amongst all. Aquarium tube consist of small fishes inside them with mechanical tail which travel in the column and produce relaxing vibes.
Bead column have small beads inside them which create beautiful effects. Similarly, there are columns which changes its color constantly and produce soothing effects.
The product can either be installed at place in the room or else there is an option of portable product which makes it handy. Similarly, the manufacturers provide option for plug in or wireless product. The tubes aid in various sensory stimulations such as audible, tactile, vibrating, visuals and others.
Who are the Key Manufacturers and Suppliers of Bubble Tubes?
Some of the leading manufacturers and suppliers of bubble tubes include
Bubble tubes market is expected to be fragmented in study region. In order to maintain its mark in the business, the manufacturers are coming up with various technology such as Wi-Fi enabled and IRiS bubble tubes by Experia.
On the other hand, manufacturers are leveraging the evolving online sales and distribution network in order to obtain a wider reach and higher market penetration. With the introduction of this new sales horizon for bubble tubes, the market is expected to develop dramatically.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
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