New Product Development
The global scented candles market is expected to surpass a valuation of US$ 3.6 Bn in 2022, with sale growing at a 4.1% CAGR through 2032. Manufacturers are introducing limited edition scents and seasonal scents to boost sales. For instance, DIPTYQUE is selling a set of 5 scented candles that are part of a limited edition. Additionally, …
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The global Wine Market is expected to increase at over 5.1% CAGR, surpassing US$ 846.3 Bn between 2022 and 2032. Growth in the market is attributable to increasing consumption of red wine due to its varied health benefits. The World Health Organization (WHO) reports that cardiovascular disease is the leading cause of death worldwide (CVD). The WHO claims that red wine …
The global herbal beauty products market will grow at approximately 6.1% CAGR between 2021 and 2031. The target market nearly holds ~5.9% share in the overall beauty products industry Because more people are becoming aware of the advantages of using herbal substances in beauty products, this preference is growing. Because synthetic cosmetics and skincare products include hazardous substances and chemicals …
The probiotic cosmetics market is anticipated to achieve a valuation of US$ 302.7 Mn in 2021. Men’s growing awareness of skincare, self-care, and good appearance is going to be a major factor in the probiotic cosmetics market’s rise. The primary goal of the players is to seduce young men. To assist them in achieving this, top cosmetic probiotic brands …
Global cat litter sales are expected to grow at a healthy CAGR of over 5.3% during the forecast period 2021-2031, despite hindrances registered 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights. The market is projected to surpass US$ 7.3 Bn Sales of goods like cat litter crystals and cat litter liners among others …
Sales of waterless cosmetics are expected to grow rapidly between 2021 and 2031, with a CAGR of over 13.3%. (FMI). The research study analyses the sales of waterless cosmetics in more than 20 countries and paints a clear picture of the future development of the growing trend. The study tracks sales of carpet and flooring in more …
The baby diaper market is estimated to reach a valuation of US$ 63.67 Bn. Baby diapers sales will rise consistently. FMI forecasts the market to exhibit 5% CAGR between 2021 and 2031. According to a study by Future Market Insights (FMI), some of the leading manufacturers are focusing on ensuring bio-degradability in order to ensure products …
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Global colored gemstones market is estimated to grow at a healthy CAGR of over 5.7% during the study forecast period 2021-2031, exhibiting a positive recovery from period of muted growth in 2020, according to a latest study by Future Market Insights. The research study tracks colored gemstones market in 20+ countries, offering a lucid analysis on …
As per Future Market Insights (FMI), the strapping supplies market is expected to witness growth at a CAGR of 5.3% during the forecast period 2022-2032. Growth in the market is primarily attributed to growing demand for sterile and safe packaging in industries such as warehousing, electronics, food & beverage, and others. The strap is applied either manually …
Demand for laminated tube closures is expected to reach US$ 129.8 million in 2022 and is projected to increase at a CAGR of 3.6% to US$ 184.8 million between 2022 and 2032. Growth is linked to the packaging industry’s continuing improvement. A CAGR of 2.8% was seen for the laminated tube closure market from 2016 to 2021. …
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