Ceramic Tiles Market Emerging Trends & Forecast Till 2027

 The global ceramic tiles market size is expected to reach USD 582.7 billion by 2027, expanding at a revenue-based CAGR of 6.7%, according to a new report by Grand View Research Inc. Increasing demand for aesthetics improvement in the flooring and walling is anticipated to support market growth over the forecast period.

High production capacity coupled with a wide distribution network of prominent players are likely to fulfill the demand in the construction applications across the globe. As a result, increasing new constructions for residential and non-residential buildings in major economies due to industrial development coupled with rapid urbanization are likely to create a scope for market growth.

Durability and enhanced lifespan offered by these tiles are likely to increase its utility in the high traffic commercial construction applications. Technological advancements in the manufacturing process have introduced customization options in color, size, texture, and dimensions, thus are likely to gain high traction in residential and non-residential building renovation projects.

Key players in the market such as Tarkett, Mohawk, RAK Ceramics, Johnson Tiles are engaged in the development of ceramic tiles with superior durability and customization options. In addition, compliance with the green building codes by major economies is expected to have a positive impact on product demand as these tiles are environment-friendly and can be recycled.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/ceramic-tiles-market

Further key findings from the report suggest:

• The demand for porcelain tiles is expected to witness a revenue-based CAGR of 7.3% over the estimated time owing to its wide applications in residential flooring applications and benefits including durability and enhanced aesthetics
• In Europe, the revenue for the glazed ceramic segment in 2019 stood at USD 20.3 billion and is projected to witness a revenue-based CAGR of 4.7% over the forecast period on account of the increasing popularity of eco-friendly building materials with high aesthetic value
• In 2019, non-residential flooring applications dominated the market with a share of 58.6% on account of high penetration of the product in office construction driven by superior aesthetics and durability offered by the product
• The ceramic tiles market in Asia Pacific is expected to witness a CAGR of 8.2% by revenue from 2020 to 2027 on account of the wide acceptance of the product in flooring applications
• In November 2018, Johnson Tiles extended its product portfolio with the introduction of Savoy Floor, a range of glazed porcelain floor tiles with a rustic concrete effect and geometric patterns which served as a strategy aimed at portfolio expansion.

Grand View Research has segmented the global ceramic tiles market on the basis of product, application, end use, and region:

Ceramic Tiles Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• Glazed ceramic
• Porcelain tiles
• Scratch free ceramic tiles
• Others

Ceramic Tiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• Wall
• Floor
• Others

Ceramic Tiles End-use Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• Residential
• Non-residential

Ceramic Tiles Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Spain
  • Turkey
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America (CSA)
  • Brazil
  • Argentina
• Middle East & Africa (MEA)
  • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based Gas Sensor Plant Biotechnology Equipment Carry Cases Market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer Gas Sensor Plant Biotechnology Equipment Carry Cases Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Alcohol Ingredients Market to Witness Tremendous Growth and Expansion by 2025

 The global alcohol ingredients market size is expected to reach USD 2.71 billion by 2025 registering a CAGR of 8.3%, according to a new report by Grand View Research, Inc. Increasing alcohol consumption across the globe has been fueling the product demand. In addition, rapid urbanization along with the increased adoption of western culture in the developing countries including China, India, Indonesia, and Taiwan is expected to boost the demand for alcoholic beverages, which, in turn, will prompt the utility of ingredients including yeast and enzymes.

Flavors & salts product segment held the largest market share in 2018 on account of increased demand for flavored drinks. Major alcoholic beverage companies have expanded their product portfolio in this particular segment. Beer held the largest market share of over 40% in 2018. Health benefits offered by beer along with its low alcohol content have made it a popular drink. Craft beers are expected to witness a significant growth in near future due to growing popularity across the globe. Europe was the dominant regional market in 2018.

Prominent economies of this region include, Germany, U.K., Italy, Spain, Romania, and Belgium. High alcohol consumption levels along with the presence of a large number of alcohol producers has increased the product demand in this region. Asia Pacific is anticipated to be the fastest-growing region at a CAGR of 9.6% from 2019 to 2025. China, India, South Korea, Taiwan, Myanmar, and Thailand are the prominent markets in this region. Rising per capita income and growing number of pubs, bars, and clubs have been driving the product demand in these developing countries.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/alcohol-ingredients-market

Further key findings from the study suggest:

• Europe held the largest market share in 2018 accounting for more than 35% of the total revenue
• Spirits application segment is expected to register the fastest growth rate of 9.0% over the forecast period
• Flavors & salts product segment held the largest share of the global alcohol ingredients market in the past and is projected to expand at the highest CAGR from 2019 to 2025
• Spirits segment held the largest share in the Asia Pacific market and also accounted for more than 45% of global revenue in 2018
• Key companies in this market include Treatt PLC; DDW; The Color House; AngelYeast Co., Ltd.; Biospringer; Sensient Technologies; Chr. Hansen A/S; The Archer Daniels Midland Company; Kerry, Inc.; Ashland Global Specialty Chemicals, Inc.; and Döhler

Grand View Research has segmented the global alcohol ingredients market on the basis of product, application, and region:

Alcohol Ingredients Product Outlook (Revenue, USD Million, 2015 - 2025)

• Yeast
• Enzymes
• Colorants
• Flavors & Salts
• Others

Alcohol Ingredients Application Outlook (Revenue, USD Million, 2015 - 2025)

• Beer
• Spirits
• Wine
• Others

Alcohol Ingredients Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fish Powder Market To Hold a High Potential for Growth by 2025: Grand View Research Inc.

 The global fish powder market size is expected to reach USD 10.32 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.51% during the forecast period. The growth is attributed to the rising use of fish meal products in poultry and swine diets. Rising aquaculture production along with the rise in the fortified food industry over the forecast period is anticipated to further fuel the growth.

Rising use of fish powder for the fortification of food is anticipated to drive the market. Moreover, demand for different fish categories such as anchovy, horse mackerel, capelin, menhaden, sand eel, and pilchard among others in functional food production is expected to drive the market. Increased aqua feed farming is anticipated to continue to drive the demand in the forthcoming years.

The production of fish meal is highly concentrated in Asia Pacific. China accounts for about 90% of the global aquafeed production. China is also the world’s largest importer of fish meal products; accounting for about 1.57 million metric tons in 2017 from 0.98 million metric tons in 2013. Growing imports along with the surge in prices has anticipated the demand for the products.

Rising demand in the aquafeed industry in India has driven the growth of the fish powder market. In India, the consumption of aquafeed was around 1 million tons in 2012, which reached to about 7 million tons in 2017. India has about 26 aquafeed mills with production capacity of about 43.4%, producing about 1.25 million tons of feed. Rise in fish farming is anticipated to further boost the product demand over the forecast period.

Rising interest for functional ingredients in food products due to their various health benefits in poultry and swine application will fuel growth of the market. Improvements in the production facilities and expansion of geographical reach to boost market development is expected to create growth opportunities in near future. The key players engage in acquisitions and mergers, online sales, limited extensions, among other development endeavors. Major companies operating in the market are Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/fish-powder-market

Further key findings from the report suggest:

• In terms of revenue, whole fish as a source is projected to ascend at a CAGR of 5.62% over the forecast period of 2019 to 2025
• Aquaculture emerged as the leading application segment with a market share of over 52.03% in 2018
• Asia Pacific led the global fish powder market in 2018, with a 71.54% market share in terms of revenue. Growing aqua feed industry on account of the demand from functional ingredients mainly in developing countries such as India and China is expected to propel the market
• The market is highly competitive in nature. The main players include Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation
• Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to estimate existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global fish powder market on the basis of source, application, and region:

Fish Powder Source Outlook (Revenue, USD Billion, 2015 - 2025)

• Whole Fish
• By-Product

Fish Powder Application Outlook (Revenue, USD Billion, 2015 - 2025)

• Swine
• Aquaculture
• Poultry
• Others

Fish Powder Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • Japan
  • India
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine Market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Attractive Market Opportunities in the Pet Food Packaging Market by 2025: Grand View Research Inc.

 The global pet food packaging market size is projected to reach USD 16.50 billion by 2025, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Pet food packaging is becoming increasingly popular among pet food manufacturing companies focusing on capturing brand loyalty.

The industry has evolved over the years with both international and domestic packaging suppliers looking to offer scientifically advanced and developed materials/ products to their clients. The upshot of offering packaging solutions, however, remains to protect the aroma, freshness, flavor, and shape of packaged products.

The industry is likely to witness high penetration in the cat food packaging space. The number of cat owners across the globe has considerably risen over the years. This, in turn, has been fueling the demand for effective packaging products, most notably in the wet cat food segment. Despite the dominance of the dog food packaging segment in the overall market, the cat (animal type) segment is expected to witness high growth in North America and Europe over the forecast period.

Rising popularity of super-premium packaging and increasing export of pet food products are some of the key driving factors in the industry. The demand for super-premium packaging is attributable to the focus of pet food brands on product differentiation. Super-premium food is being increasingly preferred by consumers across the globe owing to rising awareness regarding the health of pets.

Bags & pouches is likely to exhibit robust growth over the forecast period. These products are being increasingly preferred for their ease of use and functionality. From a manufacturing and marketing standpoint, these products, specifically stand-up pouches, enhance the appeal of products at retail shelves in comparison with their metal-based counterparts. The production of bags & pouches also helps manufacturers achieve economies of scale.

North America dominated the industry in 2018 with a share of over 37%. This region is forecast to retain its pole position throughout the forecast period. The U.S. was observed to be the largest market for pet food packaging in this region. The presence of various internationally reputed packaging suppliers has further strengthened the North American market.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/pet-food-packaging-market

Further key findings from the report suggest:

• In terms of material, plastic segment is expected to grow at the fastest rate over the forecast period owing to rising popularity of pouches and bags in the pet food industry
• Cans emerged as the largest type segment in 2018. Cans are predominantly used to package cat food products
• In terms of animal type, the cat segment is grow at the fastest CAGR of 5.7% over the forecast period. Rising adoption of cats in countries such as Japan is expected to boost the demand for cat food packaging in the foreseeable future
• North America is expected to retain its pole position in the industry throughout the forecast period. The presence of prominent manufacturers in this region is likely to strengthen the position of the North American pet food packaging market
• Research & development activities are likely to surface in the industry over the forecast period with prominent market players keen on global expansion
• The competitive landscape of the industry represents intense rivalry among domestic and international players. Product differentiation is expected to remain one of the key strategies among these players over the forecast period

Grand View Research has segmented the global pet food Packaging market on the basis of material, product, animal type, and application.

Pet Food Packaging Material Outlook (Revenue, USD Million; 2014 - 2025)

• Paper & Paperboard
• Plastic
• Metal
• Others

Pet Food Packaging Product Outlook (Revenue, USD Million; 2014 - 2025)

• Cans
• Bags & Pouches
• Folding Cartons
• Plastic Bottles & Jars
• Others

Pet Food Packaging Animal Type Outlook (Revenue, USD Million; 2014 - 2025)

• Dog
• Cat
• Fish
• Others

Pet Food Packaging Application Outlook (Revenue, USD Million; 2014 - 2025)

• Dry Food
• Wet Food
• Pet Treats
• Frozen Food

Pet Food Packaging Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine Market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Medical Textiles Market Strong Application and Emerging Trends also Scope by 2025: Grand View Research Inc.

 The global medical textiles market is anticipated to reach USD 23.3 billion by 2025, according to a new report conducted by Grand View Research, Inc. Rising awareness for better healthcare practices, ongoing technological advancements, regulatory framework mandating the usage of medical textiles, and rising geriatric population are expected to be the major growth drivers responsible for the growth of global market over the forecast period.

Globally, the economies are supporting and providing numerous programs in order to encourage the production and consumption of medical textiles. Growing population rise in the number of elderly population, and the construction of new medical facilities resulting in reduced healthcare costs, and enhanced effectiveness are fueling the growth of global market.

On the basis of fabrics, medical textiles market is segmented into woven, knitted, non-woven, and others. Nonwoven fabrics are cost-effective and known for offering easy disposability when there is a high risk of contagious diseases, which positions it as a dominating segment in the global market. Woven fabrics are usually dimensionally very stable but less extensible and porous than other structures. Knitted fabrics are highly extensible as compared to woven fabrics. With latest innovations in the textile technology, a wide variety of non-woven, knitted, and woven forms of the textile are gradually finding their way into a variety of surgical procedures.

Based on application, market is segmented as implantable goods, non-implantable goods, healthcare & hygiene products, and others. Non-implantable goods segment is the largest and fastest growing application of medical textiles. Worldwide the incidence of injuries is burgeoning fueling the demand for medical textiles in non-implantable goods segment.

Market players are developing advanced corporate strategies while using creative marketing campaigns to fascinate younger adults who will further support the growth of the non-implantable goods in the years to come. The companies offering non-implantable goods are reaping benefits from nationwide distribution with the products not just being limited to pharmacies or chemists, but also being retailed in small independent retailers in suburban neighborhoods.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/medical-textiles-market

Further key findings from the report suggest:

• S. medical textiles industry revenue is projected to grow at a rate of 5.3% over the forecast period. The rising concern regarding chronic diseases and aging population has led to increased demand for non-implantable goods in the country, which is driving the market.
• Germany medical textiles market was valued for USD 1,852.1 million in 2018 and is projected to grow significantly over the forecast period. Germany is a major country in foreign trade of medical textiles. The country stands among top five largest exporter of textiles and clothing globally, recording an export quota of approximately 40% in 2018.
• China market is anticipated to reach USD 1,547.4 million by 2025. Rising urbanization, favorable demographic trends, increasing burden of diseases, expanding population with rise in income levels promoting greater awareness of and access to treatments are expected to boost the demand for medical textiles in China.

Grand View Research has segmented the global medical textiles market on the basis of fabric, application, and region:

Fabric Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

• Woven
• Knitted
• Non-woven
• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

• Implantable goods
• Non-implantable goods
• Healthcare & hygiene products
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
• Middle East and Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine Market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Alcohol Ingredients Market to Witness Tremendous Growth and Expansion by 2025

 The global alcohol ingredients market size is expected to reach USD 2.71 billion by 2025 registering a CAGR of 8.3%, according to a new report by Grand View Research, Inc. Increasing alcohol consumption across the globe has been fueling the product demand. In addition, rapid urbanization along with the increased adoption of western culture in the developing countries including China, India, Indonesia, and Taiwan is expected to boost the demand for alcoholic beverages, which, in turn, will prompt the utility of ingredients including yeast and enzymes.

Flavors & salts product segment held the largest market share in 2018 on account of increased demand for flavored drinks. Major alcoholic beverage companies have expanded their product portfolio in this particular segment. Beer held the largest market share of over 40% in 2018. Health benefits offered by beer along with its low alcohol content have made it a popular drink. Craft beers are expected to witness a significant growth in near future due to growing popularity across the globe. Europe was the dominant regional market in 2018.

Prominent economies of this region include, Germany, U.K., Italy, Spain, Romania, and Belgium. High alcohol consumption levels along with the presence of a large number of alcohol producers has increased the product demand in this region. Asia Pacific is anticipated to be the fastest-growing region at a CAGR of 9.6% from 2019 to 2025. China, India, South Korea, Taiwan, Myanmar, and Thailand are the prominent markets in this region. Rising per capita income and growing number of pubs, bars, and clubs have been driving the product demand in these developing countries.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/alcohol-ingredients-market

Further key findings from the study suggest:

• Europe held the largest market share in 2018 accounting for more than 35% of the total revenue
• Spirits application segment is expected to register the fastest growth rate of 9.0% over the forecast period
• Flavors & salts product segment held the largest share of the global alcohol ingredients market in the past and is projected to expand at the highest CAGR from 2019 to 2025
• Spirits segment held the largest share in the Asia Pacific market and also accounted for more than 45% of global revenue in 2018
• Key companies in this market include Treatt PLC; DDW; The Color House; AngelYeast Co., Ltd.; Biospringer; Sensient Technologies; Chr. Hansen A/S; The Archer Daniels Midland Company; Kerry, Inc.; Ashland Global Specialty Chemicals, Inc.; and Döhler

Grand View Research has segmented the global alcohol ingredients market on the basis of product, application, and region:

Alcohol Ingredients Product Outlook (Revenue, USD Million, 2015 - 2025)

• Yeast
• Enzymes
• Colorants
• Flavors & Salts
• Others

Alcohol Ingredients Application Outlook (Revenue, USD Million, 2015 - 2025)

• Beer
• Spirits
• Wine
• Others

Alcohol Ingredients Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Almond Oil Market Industry Size, Driving Demands, And Market Share Of Various Stakeholders

 The global almond oil market size is expected to reach USD 1.6 billion by 2025, according to a new report by Grand View Research, Inc., registering a 12.2% CAGR over the forecast period. Increasing consumer awareness regarding harmful chemicals used in cosmetics and personal care products has propelled demand for organic and natural ingredients in these product categories. Furthermore, almond oil possesses excellent nutritional properties, including being a rich source of vitamin E, unsaturated fatty acids, and phytosterols and as a result, its application in aromatherapy, food and beverages, cosmetics, and personal care segments has increased.

Sweet oil is the fastest growing product segment owing to its increasing application in cosmetics and personal care products. The segment is expected to register a revenue-based CAGR of 12.3% from 2019 to 2025. Key manufacturers are launching new products in order to cater to the increasing demand from customers. For instance, in November 2018, The Orange Square Company Limited, formally known as Olverum, launched two new products, ‘The Body Oil’ and ‘The Dry Body Oil’, as a part of its essential oil product portfolio.

Asia Pacific is the fastest growing almond oil market and is projected to register a CAGR of 12.8% in terms of revenue from 2019 to 2025. Over the past few years, the region has been witnessing increased investments in marketing campaigns and new product launches in developing countries such as India. For instance in April 2019, Bajaj Corp Ltd launched a new cooling hair oil in India. This product launch is supported by an integrated marketing campaign by the company, which is focusing on celebrity endorsements to increase product visibility as well as penetration in the country. These initiatives are expected to remain key trends over the coming years.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/almond-oil-market

Further key findings from the report suggest:

• In terms of revenue,thesweet oil product segment is projected to register a CAGR of 12.3% from 2019 to 2025owing to its increasing application in cosmetics and personal care products
• On the basis of application, the personal care and cosmetics segment is expected to generate a revenue of more than USD 950.0 million by the end of 2025. Growing focus on natural and chemical-free ingredients in these product categories will drive segment growth
• Asia Pacific is estimated to emerge as the fastest growing regional market over the forecast period, fueled by ongoing marketing and promotional strategies by key manufacturers  
• Key players include Caloy, Inc.; Blue Diamond Growers; Jiangxi Baicao Pharmaceutical Co., Ltd; Bajaj Corp Ltd; Dabur India Ltd; Frontier Natural Products Co-op; Eden Botanicals; Ashwin Fine Chemicals & Pharmaceuticals; Proteco Oils; and Indian Natural Oils.

Grand View Research has segmented the global almond oil market on the basis of product, application, and region:

Almond Oil Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

• Sweet
• Bitter

Almond Oil Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

• Personal Care and Cosmetics
• Pharmaceuticals
• Food Industry

Almond Oil Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • Japan
  • India
• Central & South America
  • Brazil
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Anti Aging Products Market Hit at a CAGR of 5.2% in terms of revenues from 2019 to 2025

 The global anti aging products market size is expected to reach USD 51.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% over the forecast period. Rising consumer awareness regarding personal grooming and increasing concerns over the adverse effects associated with aging are expected to have a positive impact on the market growth.

Furthermore, growing awareness regarding the hazardous effects associated with the chemically processed anti-aging products is expected to promote the use of natural products. As of 2016, 57% of the U.S. women claimed to prefer natural skin care products for their daily usage. Therefore, consumers are increasingly preferring natural cosmetic oils and serums due to their ability to penetrate the skin easily.

The hair care segment is expected to be the fastest growing segment, expanding at a CAGR of 6.0% from 2019 to 2027. Aging is related to the loss of volume, hair thinning, and dryness. Therefore, rising importance of moisturizers, shampoo, and hair oils to cover grey hair, improve softness of hair, and increase shining features is expected to remain a favorable factor. Furthermore, growing application of hair care among men in order to maintain hair growth for a longer time is expected to be a key trend in the near future.

Supermarkets and hypermarkets was the largest segment, accounting for over 50.0% share of the global revenue in 2018. Availability of a wide range of products in a same selling window is a major factor driving the consumers to purchase from supermarkets. It has been observed that majority of the consumers prefer this distribution channel due to the availability of products. The online category is expected to be the fastest growing category as consumer preferences are shifting towards e-commerce portals due to the convenience of doorstep delivery services.

North America accounted for more than 35.0% share of the global revenue in 2018. High consumer spending on maintaining personal appearance is contributing to the market growth. To prevent the sign of aging, one-third of the U.S. adults use anti-aging products on a daily basis. Asia Pacific is expected to be the fastest growing region from 2019 to 2025. Growing disposable income and rising consumer awareness regarding the usage of anti-aging skin care in emerging economies including China and India are driving the market.

Key industry participants include Estée Lauder Inc.; Bioderma; Procter & Gamble; PhotoMedex, Inc.; Beiersdorf Limited; Lumenis; Clarin’s; Kiehls’s; pmdbeauty.com & Age Sciences Inc.; Cellex-C International Inc.; and The Boots Company PLC. Product innovation is expected to remain a critical success factor in the near future.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/anti-aging-products-market

Further key findings from the report suggest:

• The hair care segment is projected to ascend at a CAGR of 6.0% from 2019 to 2025
• Supermarkets and hypermarkets dominated the industry with an overall share of above 50.0% in 2018
• North America dominated the industry, accounting for above 35.0% share of the global revenue in 2018.

Grand View Research has segmented the global anti aging products market on the basis of product, distribution channel, and region:

Anti Aging Products Outlook (Revenue, USD Billion, 2015 - 2025)

• Skin Care
• Hair Care

Anti Aging Products Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Supermarkets & Hypermarkets
• Convenience Stores
• Online

Anti Aging Products Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Margarine Market is Expected to Enhance USD 4.32 Billion Revenue By 2027: Grand View Research Inc.

 Margarine Market Growth & Trends

The global margarine market size is expected to reach USD 4.32 billion by 2027, expanding at a CAGR of 2.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing number of health conscious consumers is expected to drive the demand for the product as it contains low fat, low calorie, and low cholesterol. Furthermore,the consumption pattern will shift towards healthier and heart-friendly alternatives in the near future due to growing aging population.

Increasing application of the product in the bakery and confectionary industry is a key factor fueling the market growth. Margarine has gained significant popularity as an affordable, healthier, and sustainable ingredient among numerous food manufacturers. As a result, in terms of application, the commercial segment dominated the market in 2019.

In terms of product, hard margarine led the market with over 50% share of the total revenue in 2019. It is the most used form of the product in the food industry. Rising acceptance of packaged cookies and biscuits has widened the opportunity for hard margarine over the world. Liquid margarine is expected to witness the fastest growth over the forecast period owing to its lower fat content.

Key competitors in the industry include Unilever; Bunge Limited; NMGK Group; Conagra Brands, Inc.; Wilmar International Ltd.; BRF; Yildiz Holding; Cargill, Incorporated; Uni-President; Upfield; China Mengniu Dairy Company Limited; and Namchow. Merger & acquisition and new product launch are the key strategies adopted by the margarine manufacturers. For instance, in July 2018, Kohlberg Kravis Roberts & Co. L.P. (KKR) completed its acquisition of Unilever’s Spreads business. KKR acquired the business for USD 8.04 billion and it includes Unilever’s Country Crock, Becel, Flora, and Blue Band brands. This acquisition helped to reshape and enhance the product portfolio of the Spreads business.

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Margarine Market Report Highlights

• In terms of product, the hard segment dominated the market in 2019 with over 50% share of the global revenue owing to extensive application scope of the product in the bakery and confectionary industry
• The household application segment is expected to expand at the fastest CAGR of 2.8% from 2020 to 2027. This growth is attributed to increasing importance of healthy spreads during breakfast and dinner among the millennials
• Asia Pacific is expected to exhibit the fastest CAGR of 3.2% from 2020 to 2027 owing to growing demand for the product in countries, such as China and India
• Major players in the margarine market include Unilever; Bunge Limited; NMGK Group; Conagra Brands, Inc.; Wilmar International Ltd.; BRF; Yildiz Holding; Cargill, Incorporated; Uni-President; and Upfield.

Margarine Market Segmentation

Grand View Research has segmented the global margarine market on the basis of product, application, and region:

Margarine Product Outlook (Revenue, USD Million, 2016 - 2027)

• Hard
• Soft
• Liquid

Margarine Application Outlook (Revenue, USD Million, 2016 - 2027)

• Commercial
• Household

Margarine Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Online Clothing Rental Market is Anticipated To Incur The Fastest Growth with a CAGR of 9.4% by 2025

 The global online clothing rental market size is expected to reach USD 2.09 billion by 2025 and is anticipated to register a CAGR of 9.4% during the forecasted period, according to a new report by Grand View Research, Inc. Changing fashion trends and rising penetration of internet are among the key factors driving the growth.

Women segment leads the market and is expected to expand at a CAGR of more than 9.8% over the forecast period. The trend of not using the same clothes for a long time and creating unique personal style or fashion statement are among the prominent factors driving the grow. Apart from women, the kids segment is also anticipated to witness significant growth in the upcoming years. Rising preference for renting children’s clothes, is expected to positively impact the overall growth.

Renting traditional clothes is found to be the fastest growing segment on the basis of dress code. Younger consumers prefer renting traditional clothes as these cloths are used only on rare occasions. Apart from traditional clothes, the formal segment is also witnessing a significant growth. It is hard to purchase and maintain a variety of formal clothes for the young as well as price-conscious consumers, thus, they prefer renting the clothes.

North America is the leading market for the industry and accounts for nearly 40% of the market share. Europe is the second largest market for online clothing rental. Europe is known for its fashion trends, hence, young consumers want to keep themselves updated with the latest fashion. Thus, they prefer renting instead of buying impacting the overall growth.

Asia Pacific is found to be the fastest growing region due to developing nations such as India and china which accounts for more than 34% of the global population. The increasing awareness about the service, and internet penetration are among the prominent factors for the growth of the industry in the region.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/online-clothing-rental-market

Further key finding from the report suggests:

• In terms of revenue, thewomen segment is projected to ascend at a CAGR of 9.8% over the forecast years
• Traditional renting is expected to expand at a CAGR of more than 11.2% during the forecast period
• North America leads with market share of more than 40% and is projected to expand at a significant CAGR in near future
• Some of the key players operating in the online clothing rental market are The Clothing Rental, Flyrobe.com, Rent the Runway, Secoo Holding Limited, Share Wardrobe, Le Tote, Swapdom, Gwynnie Bee, Dress Hire, and StyleLend.

Grand View Research has segmented the global online clothing rental market on the basis of end use, dress code, and region:

Online Clothing Rental End Use Outlook (Revenue, USD Billion, 2015 - 2025)

• Men
• Women
• Others

Online Clothing Rental Dress Code Outlook (Revenue, USD Billion, 2015 - 2025)

• Formal
• Casual
• Traditional

Online Clothing Rental Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• CSA
• MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Bamboo Toothbrush Market Forecasted to Grow at Steady Pace During 2020-2027: Grand View Research Inc.

 Bamboo Toothbrush Market Growth & Trends

The global bamboo toothbrush market size is expected to reach USD 48.3 million by 2027, registering a CAGR of 9.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising awareness toward the health and hygiene along with plastic pollution across the globe are the key factors for the market growth. Moreover, increasing side effects of plastic brushes and bristles has propelled the adoption of bamboo toothbrush among customers across the global market.

Since past few years, the governments of various countries around the world including Germany, Japan, Thailand, and South Africa have introduced anti-plastic policies along with several stringent regulations for plastic products and are successfully recycling plastics. According to a report ‘Single-use Plastics: A Roadmap for Sustainability’ published by the United Nations (UN), in 2018, countries such as Germany, Finland, Austria, Spain, Sweden, Canada, Australia, Thailand have the most successful stringent policies for the plastic products.

The governments of various countries are promoting the eco-friendly alternatives for plastic goods, which are anticipated to boost the demand for bamboo toothbrush across the globe. Plastic toothbrushes directly go to landfills and only a small part is recycled, which creates a huge plastic pollution. These factors are anticipated to boost the product demand over the forecast period.

North America was the largest bamboo toothbrush market, accounting for a revenue share of over 40.0% in 2019 owing to increasing adoption of biodegradable and eco-friendly dental care products. Major manufacturers such as Colgate-Palmolive Company, The Humble Co., Bamboo Brush Co., Brush with Bamboo, and Environmental Toothbrush are launching new products to gain maximum penetration across the globe.

Europe is one of the prominent markets, where manufacturers are launching new products to cater to the increasing demand from the customers. For instance, in October 2019, Colgate-Palmolive Company launched bamboo toothbrush in order to curb the increasing plastic pollution around the globe. These products are made of 100% bamboo, which are grown sustainably. The handle of the toothbrush is coated with beeswax to improve the durability and minimize water absorption.

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Bamboo Toothbrush Market Report Highlights

• The adult segment dominated the bamboo toothbrush market with a revenue share of over 75% in 2019, owing to increased spending on natural and eco-friendly dental care products among working class professionals globally
• The online segment is projected to foresee the fastest growth, expanding at a CAGR of 9.8% from 2020 to 2027. Customers are now adopting e-commerce owing to availability of wide range of products with special pricing and great discounts
• Asia Pacific is projected to remain one of the key lucrative markets, witnessing a CAGR of 10.1% from 2020 to 2027 on account of increasing number of new players with wide range of innovative products in key markets including China and India
• Key players include Colgate-Palmolive Company, The Humble Co., Ecolife Innovations LLC, Brush with Bamboo, The Bamboo Brush Society, Bamboo Brush Co., Mother’s Vault, Yangzhou E.S. Toothbrush Co., Ltd, Environmental Toothbrush, and Bamboo Toothbrush Bam&Boo. 

Bamboo Toothbrush Market Segmentation

Grand View Research has segmented the global bamboo toothbrush market on the basis of end use, distribution channel, and region:

Bamboo Toothbrush End-use Outlook (Revenue, USD Thousand, 2016 - 2027)

• Adults
• Kids

Bamboo Toothbrush Distribution Channel Outlook (Revenue, USD Thousand, 2016 - 2027)

• Offline
• Online

Bamboo Toothbrush Regional Outlook (Revenue, USD Thousand, 2016 - 2027)

• North America
  • US.
• Europe
  • UK.
  • Sweden
  • Netherlands
• Asia Pacific
  • China
  • India
• Central & South America
• Middle East & Africa
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Home Entertainment Devices Market Size Worth $345.2 Billion By 2025

 Home Entertainment Devices Market Growth & Trends

The global home entertainment devices market size is expected to reach USD 345.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.3% over the forecast period. Consumer preference for systems such as televisions as a medium for entertainment is expected to be a crucial factor driving the growth of the market during the forecast period.

Home entertainment appliances are economical and hassle-free and offer access to diverse content. Consumers enjoy having the option of watching or listening to the content of their choice in the comfort of their own homes. Moreover, with increasingly hectic lifestyles, these appliances are considered as a medium to connect with friends and family during major events such as sporting events, music festivals, or TV series finales. These factors are hence expected to drive the growth of the market during the forecast period.

Factors such as rising disposable income and features such as high-definition (HD), smart TVs with built-in Wi-Fi for connectivity to Netflix, YouTube, and Amazon Prime among other online streaming channels play a significant role in increasing consumer spending on these devices. With the increasingly wide range of features these systems offer, consumers consider investing in these products as they offer good value for money and last for several years. They also play a role in complementing the ambiance of homes. These factors are expected to drive the demand for home entertainment systems over the forecast period.         

Video devices accounted for a little more than 80% of the market share in 2018 and this segment is expected to continue to dominate the market over the forecast period. A number of households are inclined toward systems such as television as their prime choice of entertainment, which is likely to boost the product demand in the coming years. Televisions also offer a number of channels as well as relatively newer features such as internet connectivity for streaming videos and downloading movies.     

Asia Pacific is expected to hold the leading position in the global market over the forecast period. Increasing household disposable income, coupled with higher spending on household leisure activities, is expected to drive the growth of the Asia Pacific market during the forecast period.

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Home Entertainment Devices Market Report Highlights

• The video devices segment is projected to register the highest CAGR of 6.6% owing to increasing consumer spending on visual entertainment activities  
• The online segment is expected to register a CAGR of 8.2% owing to the rise in multi-brand online retailers who offer a range of home entertainment systems from several providers, thereby enabling consumers to compare product features and prices
• Some of the key players operating in the global market are Samsung Electronics Co. Ltd.; Sony Corporation; Panasonic Corporation; LG Electronics Inc.; Mitsubishi Electric Corporation; Koninklijke Philips N.V.; Haier Inc.; Bose Corporation; Sennheiser electronic GmbH & Co. KG; and Microsoft Corporation.

Home Entertainment Devices Market Segmentation

Grand View Research has segmented the global home entertainment devices market on the basis of device, distribution channel, and region:

Home Entertainment Device Outlook (Revenue, USD Million, 2015 - 2025)

• Audio Devices
• Video Devices
• Gaming Consoles

Home Entertainment Devices Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Home Entertainment Devices Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Pet Grooming Products Market to Partake Significant Development During 2019 to 2025: Grand View Research Inc.

 Pet Grooming Product Market Growth & Trends

The global pet grooming products market size is expected to reach USD 14.5 billion by 2025, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing pet adoption and growing awareness about their hygiene are some of the factors driving the demand for pet grooming product.

In addition, the availability of a wide range of medicated and organic variants in shampoo, conditioner, and ear butter has drawn greater consumer attention towards grooming products. Dogs and cats are the most common companion animals and they contribute significantly to the demand for various grooming products.

Due to thick furry coating and outdoor movements and activities, companion animals are susceptible to various diseases and infections triggered by fleas and ticks. Hence companies are introducing specific brushes and shampoos to get rid of these. For instance, SynergyLabs offers veterinary formulated medicated shampoos to relieve companion animals from bacterial infections.

The increasing adoption of pets by domestic households has opened up potential opportunities for new entrants in the market especially through online platforms. Some of the e-commerce distributors of pet products include Amazon.com; Petco Animal Supplies, Inc.; PetSmart Inc.; PetMed Express, Inc.; TABcom LLC; BarkBox; PetFlow; and Bulk Reef Supply.

Among various grooming products, shampoo and conditioner were estimated to have the highest revenue share of the global market. This scenario is majorly attributed to the increasing use of these products as they are specially customized for pet hair and its hygiene.

The Asia Pacific is expected to register the highest growth over the forecast period majorly driven by the rising pet adoption in China and India in 2018. The market for a companion animal in Japan is attractive with a population of around 20 million cats and dogs.

According to the Japan Pet Food Association (JPFA), there are around 9.7 million cats and 11.8 million dogs living with families in Japan and these numbers are growing every year. The average life expectancy of companion cats in Japan is 14.4 years and for dogs, it is 13.9 years. The rising adoption of companion animals by their owners as family members is expected to boost the growth of the market.

Some of the key players operating in the global pet grooming product market include Groomer's Choice; Himalaya Herbal Healthcare; Spectrum Brands, Earthbath; Resco; SynergyLabs; Petco Animal Supplies, Inc.; Coastal Pet Products; Vet's Best; 4-Legger; and World For Pets.

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Pet Grooming Product Market Report Highlights

• The global pet grooming products market is expected to exhibit a CAGR of 5.7% from 2019 to 2025, thereby reaching a value of USD 14.5 billion by 2025
• North America is estimated to be the largest market accounting for a share of more than 50% by 2025, driven majorly by the high adoption rates of companion animals among households
• The shampoo and conditioner segment accounted for the highest revenue share of about 52% in 2018 and is expected to grow with a CAGR of 5.9% over the forecast period
• Offline distribution accounted for a major share of more than 70% in 2018, whereas online distribution is projected to witness the fastest CAGR over the forecast period.

Pet Grooming Product Market Segmentation

Grand View Research has segmented the global pet grooming product market on the basis of type, distribution channel, and region:

Pet Grooming Product Type Outlook (Revenue, USD Million, 2015 - 2025)

• Shampoo & Conditioner
• Shear & Trimming Tools
• Comb & Brush
• Others

Pet Grooming Product Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Pet Grooming Product Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • The U.S.
• Europe
  • The U.K.
  • Germany
• Asia Pacific
  • China
  • Japan
• Central & South America
  • Argentina
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Premium Cosmetics Market Forecasted to Grow at Steady Pace During 2019-2025

 The global premium cosmetics market size is expected to reach USD 199.2 billion by 2025, exhibiting a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing awareness regarding ingredients in beauty products and their effects on the body coupled with increasing demand for wellness beauty products is driving the market. Preference for premium cosmetics for problems such as age spots, acne, and pigmentation is expected to bode well for market growth. Also, the growing influence of brands on social media is creating more awareness among consumers. This in turn is creating demand for premium cosmetics.

Rising consumer preference for premium cosmetics, owing to a willingness to spend more on beauty products, especially across emerging countries, is expected to drive the market growth. The consumer preference for imported and branded cosmetics is majorly driven by brand name, product safety, and price. A rise in women's workforce and financial independence is expected to positively influence the market growth in the forthcoming years.

The trend of personalization is also supporting the demand for premium cosmetics among consumers. For instance, Face Gym, a European company, in 2017 launched the Make it Bar, where consumers can visit the studio and create their own face serums, suitable for their individual needs and lifestyle, with help from professionals.

The makeup segment of the premium cosmetics market is estimated to witness the fastest growth over the forecast period. The availability of waterproof and sweat-proof products manufactured especially for hot and humid climatic conditions is also boosting the demand. Skincare is estimated to be the largest segment over the forecast period, owing to the wide application for skincare. Consumers prefer facial creams, sunscreens, and body lotions to reduce acne scars, freckles, age spots, and discoloration, among other skin issues.

To boost the shopping experience and consumer interaction, premium cosmetic companies are upgrading their stores with advanced technologies. Along with on-hand assistance from beauty advisers, the companies are using Virtual Reality (VR) and Augmented Reality (AR) for better customer service. For instance, L’Oréal installed interactive displays in its Shanghai, Wuhan, and Changsha boutiques called as Magic Mirrors. The adoption of such technology also reduces the usage of sample products.

The market is oligopolistic in nature with the companies implementing various business strategies such as mergers and acquisitions to diversify the product portfolio and to expand their geographical presence. For instance, in 2018, L’Oréal acquired Stylenanda, a makeup and fashion brand focused on millennials in South Korea and China, to extend its business in Hong Kong, Singapore, Malaysia, and Thailand. L’Oréal also acquired Pulp Riot, an American brand operating in the professional hair color segment with a strong influence on social media.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/premium-cosmetics-market

Further key findings from the report suggest:

• Asia Pacific is estimated to be the largest and fastest-growing market for premium cosmetics, majorly driven by high demand from China and Japan
• Offline is estimated to be the largest distribution channel in the forthcoming years, owing to technological advancements such as VR interaction and AR makeup trials in stores
• The online segment is projected to register the fastest CAGR of 9.4% over the forecast period, owing to the presence of multi-brand e-retailers and companies' direct-to-consumer strategy
• Some of the key players operating in the premium cosmetics market include Coty; Estée Lauder; L’Oréal; LVMH; Shiseido; Chanel; Dior beauty; Elizabeth Arden Inc.; KAO Corporation; and The Procter & Gamble Company (P&G).

Grand View Research has segmented the global premium cosmetics market on the basis of products, distribution channel, and region:

Premium Cosmetics Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Skincare
• Haircare
• Makeup
• Fragrance
• Others

Premium Cosmetics Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Online
• Offline

Premium Cosmetics Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
  • Italy
• Asia Pacific
  • China
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Shoe Deodorizer Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

 The global shoe deodorizer market size is expected to reach USD 153.2 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.0% over the forecast period. Factors such as an increased inclination toward foot health and shoe hygiene as well as the growth of the footwear industry drive the demand for deodorizers.

The growing popularity of fitness activities has resulted in an increased demand for sports shoes. This subsequently drives the demand for deodorizers to get rid of the odor. Even sports footwear with mesh panels for increased ventilation is not entirely immune to the accumulation of sweat. Moreover, the bacteria can cause infections if precautionary measures are not taken. Gym and fitness enthusiasts engage in prolonged workout sessions and physical activities. The sweat generated causes bacterial growth and odor in footwear, thereby increasing consumer inclination for shoe deodorizers.

According to the International Health, Racquet & Sportsclub Association, the health and fitness industry witnessed a growth rate of 3%-4% per year from 2008 to 2018 in the U.S. In addition, rising instances of skin allergies in the foot area caused by the accumulation of sweat and dirt in footwear increases consumer inclination toward shoe care products. This scenario is likely to drive product demand. Moreover, diabetics are required to pay special attention to foot care in order to avoid foot ulcers caused by germ-infected footwear. This has resulted in increased spending on products such as shoe deodorizers, fresheners, and cleaners.

Sprays accounted for the largest share of 45.7% in 2018. Spray products not only mask the odor but also help eliminate the bacteria that cause the odor. They are also more convenient and easier to use when compared to their counterparts. New product developments in the category are widening the visibility of these products. For instance, sōlscience, a company launched in 2016, offers a range of premium shoe deodorizer sprays, available in multiple fragrances including Midnight Cherry, Citrus Chill, and Tropicali.

Online channel distribution is expected to register the highest CAGR over the forecast period owing to the rising penetration of digital media and marketing. The increasing number of internet users, particularly in developing economies such as China, India, and Brazil, drives the online market for deodorizers. Moreover, popular online retailers like Amazon, Walmart, Flipkart, and Myntra offer a range of shoe care products, further driving the product demand. North America dominated the global market in 2018 owing to the booming fitness industry in the region. The increasing focus on fitness subsequently drives the sales of sports footwear, thereby resulting in high product demand.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/shoe-deodorizer-market

Further key findings from the report suggest:

• The powder segment is projected to register a significant CAGR of 6.3% over the forecast period owing to its effectiveness in absorbing moisture
• The offline distribution channel dominated the global market with an overall revenue share of 81.0% in 2018 with a rising number of specialty stores offering a range of shoe care products
• North America dominated the global market in 2018 with a share of 35.2%. This trend is projected to continue over the next few years
• The shoe deodorizer market is highly competitive in nature. Key players include S. C. Johnson & Son, Inc.; Reckitt Benckiser Group plc; Blistex Incorporated; Sanofi S.A.; Ningbo Jiangbei Ocean Star Factory & Trading Co., Ltd; Zamtek Solutions; Puma SE; Scholl’s Wellness Co.; Church & Dwight Co., Inc.; and Chattem, Inc.

Grand View Research has segmented the global shoe deodorizer market on the basis of product, distribution channel, and region:

Shoe Deodorizer Product Outlook (Revenue, USD Million, 2015 - 2025)

• Spray
• Powder
• Insole
• Others

Shoe Deodorizer Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Shoe Deodorizer Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • The U.S.
• Europe
  • Germany
  • The U.K.
• Asia Pacific
  • India
  • China
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.