Market Research Blog

The global beard oil market size is anticipated to reach US$ 1,475 Mn in 2029, at a 5.6 % CAGR. Europe is expected to dominate market.

Active corporate marketing and growing independent brands. The study offers a comprehensive analysis of the market, highlighting its major growth drivers, inhibitors, opportunities, and current trends. It draws on first-hand research.

It includes in-depth insights into the Beard Oil market. Some of these are:

•  Europe is expected to dominate the global beard oil market due to high concentration of beauty & skincare manufacturers in the region.
• The East Asia region is expected to grow at highest CAGR during the forecast
• High demand for organic products is considered as key attributor to the global beard oil market growth.
• FMI identified online retail as the most lucrative sales channel in the beard oil market throughout the forecast period.

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Preferential Shift towards Natural & Organic Products to Surge Market Growth

The market for beard oil is anticipated to expand due to rising consumer demand for personal care products, aggressive corporate marketing, and emerging independent brands. To capitalise on the growing consumer preference for natural and organic skincare products, manufacturers are concentrating on creating innovative products.

Additionally, manufacturers are paying more attention to the packaging and product ingredients. The beard oil market is anticipated to be hampered by rising awareness of the negative effects of beard oil, such as skin reactions, itching, and burns. Following that, rising consumer awareness and the availability of products online drive the beard oil market for increased sales across the globe.

Who is Winning?

Some of the leading players operating in the Beard Oil market are Brickell men’s Product, Leven Rose, Mountaineer Brand, The American Beard Company, Prophet and Tools, The Gentleman’s, Viking Revolution, Honest Amish, ArtNaturals, Macho Bread Company, Dapper Ganger, Rosdon Group Ltd, Evolution GMBH, Fullight Tech, Alpha Vikings, Klapp Cosmetics GMBH, Vetyon, Rapid Beard, Texas Beard Company, Hongkong Guan Wei International etc. As a result of increasing competition, companies are focusing on expanding their product portfolio with new innovation. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

In April 2019, a US based company BUSCH had introduced beard oil infused with the rugged essence of BUSCH.

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Market Segmentation

The global beard oil market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Product Type

• Organic
• Conventional

By Price Range

• Low
• Mid-range
• Premium Range

By Packaging

• Bottled
• Jar
• Other

By Sales Channel

• Wholesaler/ Distributor
• Hypermarket/ Supermarket
• Specialty Stores
• Exclusive Stores
• Online Stores
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The BB cream market size is estimated at US$ 3,745.4 Mn in 2022 and is projected to reach US$ 5,792.9 Mn by 2027, at a CAGR of 8.7% from 2013 to 2021.

Modern cosmetic products are in demand as consumer lifestyles change as a result of growing urbanisation. The growing number of working women who are 25 years of age and older is another factor driving up sales of high-end cosmetics and grooming products like BB creams.

According to Catalyst statistics, only about half (47%) of all women work around the world. Working women tend to be independent and spend a fair amount of money on their hobbies and appearance. Women’s emphasis on appearance is a major market growth driver.

Time-saving is another major factor that is attracting customers. Initially, BB creams were introduced to target young people, especially women who want to hide pimples as well as uneven skin tones. Later on, BB creams targeted young mothers who have less time but want to look good without having to engage in complex make-up procedures. Hence, BB creams became a perfect solution for young mothers.

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Owing to the above-mentioned factors, BB cream is not only popular among women, but also among men due to increasing consciousness among the latter about their physical appearance, owing to which they spend a considerable amount of time and money to look good.

Also, an increase in disposable income and higher spending power in women is driving sales of cosmetics in the market. Multifunctional beauty products offer long term benefits along with natural and herbal products. These products are offered to consumers at comparatively lower costs thus driving sales in the cosmetic market.

Key Takeaways from the BB Cream Market Study

• Among the global BB cream market’s skin type, the largest is Combination, which represents US$ 996.9 Mn of the market in 2021. It is growing rapidly over the course of the forecast period, and this absolute growth is larger than any other segment.
• The popularity of BB cream has spread to South Asia, mainly in Korea. Apart from its benefits, the fact that it helps to reduce the time required to apply makeup has attracted a large number of women.
• The rising demand for BB creams was primarily witnessed among the working-class population, which does not have the time to spend on an elaborate make-up routine.

Impact of COVID-19 on the Market

The outbreak of the novel coronavirus pandemic has hampered the demand for cosmetics and personal care products, as the purchasing power of the customers were changed. As per the World Bank, the global economy is poised to stage its most robust post-recession recovery in 80 years in 2021. However, with the public and government support and vaccination drive, again the economy is coming on a track.

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Who is winning?

Leading manufacturers of BB cream are focused on aggressive promotional strategies and advertisements that have driven sales growth of BB cream globally.

Major players present in the BB cream market are L’Oreal S.A., The Estee Lauder Companies Inc., Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., Coty Inc., Avon Products Inc., Missha US Inc., The Clorox Company, L’Occitane International S.A., AmorePacific Corporation, Stila Styles LLC, Tarte Inc., Lancome SA, Groupe Marcelle, Bobbi Brown Professional Cosmetics Inc., Physicians Formula Holdings Inc., Clinique Laboratories LLC, Dr. Jart., Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., Coty, Inc., Avon Products, Inc., and Missha US Inc. among others.

Global BB Cream Market by Category

By Skin Type :

• Dry
• Normal
• Oily
• Combination
• Sensitive

By SPF Type :

• Below 15 SPF
• Between 15-30 SPF
• Above 30 SPF

By End Users :

• Men
• Women

By Sales Channel :

• Direct Selling
• Specialty Outlets
• Supermarkets/Hypermarkets
• Convenience Stores
• Beauty Stores
• E-Retailers
• Others

By Region :

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• THING

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The demand for mechanical locks market is expected to surpass a valuation of US$ 6.5 Bn through 2021, likely to surge at a vigorous 4% CAGR during the assessment period

Electronic door locks are increasingly getting popular because they eliminate the need for keys and provide automated features such as remote locking and unlocking. The locks can be controlled and monitored with a smartphone application.

These locks come in many variants, comprising coded-entry locks, smartphone-operated locks, biometric door locks, and key card/proximity cards. Electronic locks offer a myriad of benefits such as easy access in the dark, remote access, additional security, and an automatic time-based locking feature.

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Stainless steel mechanical locks are more durable and sturdier and provide optimal protection against harsh environmental factors and wear and tear.

Consumers are increasingly preferring stainless-steel locks over mechanical locks made of other materials due to their cost-effectiveness and easy availability.

Besides this, sales of grade 1 mechanical locks are expected to soar as this grade of locks offers maximum protection. Further, demand for mechanical locks in the U.S. is expected to remain high over the assessment period. The country is anticipated to dominate the North America mechanical locks market, owing to increasing adoption of tubular and two-way locks, along with rising demand for advanced locking systems in recreational spaces.

Key Takeaways:

• Demand for mortise locks is expected to soar through 2031, owing to high durability and easy accessibility.
• Grade 1 mechanical locks will remain highly sought-after as they offer the highest degree of protection and can be fitted in all door types.
• In terms of applications, the external facilities segment is projected to account for the maximum market share of the total mechanical locks market.
• Based on material, sales of stainless-steel mechanical locks are expected to rise at a steady pace through 2031.
• The U.S. is expected to dominate the North America mechanical locks market, due high demand for advanced security systems in residential and recreational spaces.
• The U.K. will continue exhibiting high demand for mechanical locks from the hospitality sector for improved security.
• China will emerge as a lucrative pocket, accounting for a dominant share in the East Asia mechanical locks market.
• Japan and South Korea will account for 35% and 21% of the total mechanical locks market share respectively.

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Competitive Landscape

Serrature Meroni Spa, DOM Security, Codelocks Inc., ECO Shulte GmbH & Co. KG, ASSA ABLOY AB, The Eastern Company, Dormakaba Holdings AG, Yale Security, Inc. Winkhaus Austria GmbH, Allegion Plc., Spectrum Brands, Inc., August Bremicker Söhne KG, Draper Tools Ltd, EVVA Sicherheitstechnologie GmbH, and Nuova Oxidal SRL are among some of the leading players operating in the global mechanical locks market.

Top 5 players in the mechanical locks market are expected to account for 10-15% of the total mechanical locks market share over the forecast period.

Leading players operating in the global mechanical locks market are aiming at product portfolio expansions through research and development. Apart from this, players are investing in mergers, acquisitions, collaborations, and partnerships to expand their global footprint. For instance:

• In August 2021, Dormkaba signed an agreement to acquire Australian Reliance Doors and Best Doors Australia Groups (RELBDA), a leading provider of garage doors, automatic openers, industrial doors, and related hardware like mechanical locks.
• In September 2020, Mul-T-Locks Group announced its plans to establish a subsidiary in the UAE with an investment of approximately US$ 1.5 Mn.

Mechanical Locks Market by Category

By Product Type:

• Mortice
• Cylindrical
• Tubular
• Interconnected
• Deadbolt

By Material:

• Aluminum
• Stainless Steel
• Copper
• Steel

By Application:

• Doors
• Furniture
• Suitcase
• External Facility
• Bicycles

By Grade:

• Grade Level 1
• Grade Level 2
• Grade Level 3

Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

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Expanding at a CAGR of 3.5%, global consumption of small kitchen appliances market has reached a market valuation of US$ 102.31 Bn in 2022 and is predicted to increase to US$ 134.23 Bn by the end of 2030.

Small kitchen appliances currently account for around 15%-20% share in the global household appliances market. The e emergence of innovative products such as smart kitchen appliances is set to drive overall demand for small kitchen appliances over the coming years.

Key Takeaways from the Small Kitchen Appliances Market Study

East Asia is expected to dominate the global small kitchen appliances market owing to large population base which are more inclined towards healthy & home cook food.

• Small kitchen appliances market is primarily dominated by small cooking appliances due to growing food easting habit in home which further creates demand for small cooking appliances such as cooker, deep fryer, toaster etc.According to FMI, residential sectors are expected to see higher sales of small kitchen appliance as compared to commercial sector however HoReCa (hotel, restaurant, cafe) segment is anticipated to expand at highest CAGR during the forecast.
• Changing consumer lifestyle and increasing income level is expected to boost industry growth over the forecast period.Modern trade (hypermarket/ supermarket) is considered as the largest sales channel in terms of value share in the global small kitchen appliances indirect sales channel.

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Small Kitchen Appliances Sales are Gaining Traction Globally owing to High Product Awareness, and New Innovative Product Launches

Technology advancements, energy efficiency, cost, and quality of the products are major factors drive consumers’ purchasing preference.

The advent of e-commerce industry and wide availability of different offline sales channel such as modern store (hypermarkets/supermarkets, specialty stores etc.) supports the industry from supply side.

Growing health consciousness, increasing consumers with cooking as hobby, growing television programs and cooking recipes on YouTube and other online platforms push the consumers towards home food which is resulting as an increased demand for small kitchen appliances across the world.

Market to Recover as Soon as Economies Return to Normalcy Post Coronavirus

Covid-19 which originated in China has now spread all over the world. Except essential products and services, all businesses are temporarily closed. As per World Economic Forum, The US and Eurozone’s economies are expected to recover to its full swing until 2023. The small kitchen appliances market is also affected due to Covid-19 pandemic as production are temporarily suspended, physical stores are closed.

Online platforms also face challenges in product delivery due to country lockdown, and low availability of stocks. However, initiatives taken by the respective country governments have checked the growth rate of people getting infected. This shows positive sign of normalcy in coming quarter for few countries such as China, India etc.

Who is winning?

Some of the key players operating in the Small Kitchen Appliances market are Whirlpool Corporation, Panasonic Corporation, Groupe SEB, Electrolux AB, BSH Hausgerate GmbH, Haier Group, LG Electronics, Dongbu Daewoo Electronics, Samsung Electronics, Breville, Miele, Koninklijke Philips N.V., Conair Corporation and others.

Several leading foot care product players are launching new innovative products to expand their footprint and product portfolio. At present, manufacturers are focusing on R&D, merger & acquisition and partnership activities to come up with new technologies which can change the market landscape of Small Kitchen Appliances.

In Nov 2019, Caraway Home launched eco-friendly, non-toxic and non-stick materials cookware set.In Sept. 2019, Philipps had launched Keurig K-Duo coffee machine in three variants.

Get Valuable Insights into Small Kitchen Appliances Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global small kitchen appliances market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2022-2030

The small kitchen appliances study reveals compelling insights on the small kitchen appliances market on the basis of product type (small cooking appliances, food preparation appliances, and beverage making appliances), price range (premium/high, economy/mass), end user (residential, commercial), and sales channel (wholesaler/ distributor, hypermarket/ supermarket, multi-brand stores, small independent stores, online and others) across all regions.

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Key Segments of Small Kitchen Appliances Industry Survey

Small Kitchen Appliances Market by Product:

• Small Cooking Appliances
• Food Preparation Appliances
• Beverage Making Appliances

Small Kitchen Appliances Market by Price Range:

• Mass Small Kitchen Appliances
• Premium Small Kitchen Appliances

Small Kitchen Appliances Market by End Use:

• Residential Small Kitchen Appliances
• Commercial Small Kitchen Appliances

Small Kitchen Appliances Market by Sales Channel:

• Wholesalers/ Distributors
• Hypermarkets/ Supermarkets
• Multi-brand Stores
• Independent Stores
• Online Stores
• Others

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global water flosser market is expected to surpass a valuation of US$ 1,417.2 Mn at a CAGR of over 6.8% through 2027. Increase in the disposable income and purchasing power of consumers has led to an increasing preference for premium products.

Several multinational companies, such as Water Pik, Inc., Aquapick, and others, manufacture water flossers in different varieties in terms of economical and premium ranges. These companies gain lucrative opportunities to capitalize on the premiumization of their oral hygiene products portfolio to strengthen their market position due to an increase in globalization and economic growth.

Moreover, research and development spending on oral care devices & consumables, and investments in the development of oral care products are expected to grow at a robust rate over the next several years. Companies investing in providing different innovative products to cater to these markets can expect to witness stable returns.

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Further, companies are using digital platforms in a more distinguished manner, and are increasingly using digital content to connect directly with customers on a daily basis, and this is expected to be among the key factors fuelling the growth of the water flosser market in the near future.

Various small enterprises have developed their online presence across various business websites as well as several social media platforms, such as Google+, Facebook, Instagram, Twitter and Snapchat, to connect directly to customers as well as conduct their business virtually. With the expanding digital marketing & E-commerce in the oral care industry, majority of the players are strategizing to expand their business footprint and product reach in the market.

 Key Takeaways from the Water Flosser Market Study

The water flosser market is characterised by the presence of several well-established players with significant market share, diverse product portfolios, and strong global presence.
In terms product type, the portable & cordless water flosser dominated the market owing to its lightweight and portable feature. As a result, cordless water flosser is mostly preferred while travelling and elderly people for home dental care.
In terms of application, dental clinics application segment dominated the market in the year 2021. A key factor driving the segment is the rising demand for professional dental care as the number of cases of oral diseases rises.
The U.S. holds a noteworthy value share of 86.6% in North America owing to widespread availability of new and innovative specialty oral care products, coupled with high consumer awareness about maintaining oral health.

“Awareness with respect to the importance of dental flossing in order to prevent gum disease and oral infection along with the diverse group of end users including individuals with braces, uneven teeth have been shifting from string flossing to water flossers due to the latter’s ease of use and improved efficiency at preventing gum diseases, which is anticipated to witness a notable boost in sales over the coming years.,” says an FMI analyst.

Impact of COVID-19 on the Water Flosser Market

The COVID-19 pandemic’s unpredictable occurrences have spiked a surge in consumer demand for personal care and hygiene products. As a result, there has been a significant increase in the consumption of such items for oral hygiene purposes.

Furthermore, in many countries around the world, demand for personal care items increased even before the lockdown period. The main reason for this was to avoid infection with the coronavirus. The water flosser, on the other hand, showed a slight decline in growth during the lockdown period as a result of the closure of convenience stores, hypermarkets/supermarkets, and other shops for infection control reasons.

Who is winning?

Leading manufacturers of water flosser are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of water flosser globally.

Major players present in the water flosser market are Water pik, Shenzhen Relish Technology Co.,Ltd, Aquapick, Hydro Floss, Candeon Technologies Co. Ltd, h2ofloss limited, Oratec Corp., Koninklijke Philips N.V, Panasonic Corporation, Oral-B, Ginsey Home Solutions, Gurin Products LLC, ToiletTree Products, Inc., S. C. Johnson & Son Inc. and Jetpik. among others.

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Water Flosser Market by Category

By Product Type:

Portable & Cordless Water Flosser
Countertop Water Flosser
Attachable Water Flosser

By Application:

Dental Clinics
Hospitals
Home Care
Others

By Sales Channel:

Hypermarkets / Supermarkets
Specialty Stores
Drug Stores & Pharmacies
Convenience Stores
Online Retailers
Other Sales Channel

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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The shisha tobacco market is expected to reach US$ 26 Bn by 2032, likely to surge at a vigorous 4% CAGR during the assessment period. Shisha tobacco use is typically done with friends and is an important part of several cultures’ social gatherings and events. These days, college and university life have been incorporated into this culture. Additionally, water pipe use is frequently shared among friends and family.

This is due to two reasons: first, it lowers the cost of shisha tobacco use; second, and more emotionally, it fosters a sense of brotherhood, especially among the male demographic, and makes them feel more accepted in society. Due to this tradition, there are now more cafes, restaurants, and lounges that offer a variety of services, including shisha tobacco services.

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The spread has made water pipe smoking more widely accessible locally and encouraged young people in various nations to seek out unique neurostimulating activities. This characteristic of shisha tobacco fits in well with the rapid expansion of cafes, restaurants, and lounges around the world.

The booming hotel, restaurant, and cafe (HoReCa) industry, particularly in developing nations, has coincided with the rebirth of the water pipe smoking tradition in nations like India, where young shisha tobacco use has moved beyond rural areas and into urban ones. Hookah cafes have proliferated in urban regions of affluent nations like the U.S., particularly near college campuses. Because of this simple accessibility, the industry expansion in

Consumer delusion that shisha tobacco is less harmful than other forms of tobacco consumption currently guides the market growth. However, as consumers get familiar with the complete truth about the harmful effects of shisha tobacco, the market growth is likely to be affected.

The above-mentioned factors are helping the shisha tobacco market to grow rapidly and with the rising awareness regarding health concerns, manufacturers are innovating and supplying herbal shisha tobacco that is likely to be less harmful compared to the original shisha tobacco.

Key Takeaways from the Shisha tobacco Market Study

• Strong shisha tobacco to capture approximately a prominent share in 2021. However, through 2032, demand for the light variant of shisha tobacco is expected to gain traction due to the rising awareness regarding various health concerns.
• Direct distribution of shisha tobacco is likely to generate a significant revenue during the forecast period. However, with the changing purchasing preferences of individuals, online retailers are likely to hold the maximum market share by 2032.

Impact of COVID-19 on the Market

The COVID-19 pandemic had prompted a growing list of event cancellations and closures, as health officials urge the public to avoid large crowds. Moreover, the shutdown of industries, manufacturing plants, and rise in unemployment leads to the growth of shortage of material thus, rise in dependency of developing countries on developed countries.

Additionally, the ban on trading and changing preferences of individuals, and rising health concerns lead individuals to adopt healthy habits. Moreover, the closed café, bars, and restaurants gave no option to individuals especially millennials, thus, dropping the sales and demand in the shisha tobacco market.

Who is Winning?

Leading manufacturers of shisha tobacco are focused on introducing flavors, based upon, regional interest and further advertising them globally to drive sales of shisha tobacco globally.

Major players present in the shisha tobacco market are Fumari Hookah, Haze Tobacco, LLC, Tangiers Inc., Al Fakher Tobacco Trading, Japan Tobacco Inc., Alchemist Tobacco Co., Soex India Pvt. Ltd, Middle East for Tobacco, Al-Tawareg Tobacco Molasses Company, Arabic Factory of Smoking, Al Zawrae Industrial Company, Romman Tobakko, Ugly Tobacco Hookah Inc., Adalya Hookah, Cloud Tobacco Inc., Flavors of Americas, Capital Tobacco, Eastern Tombac & Tobacco Establishment, and Al-Amir Tobacco among others.

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Global Shisha Tobacco Market by Category

By Product Type:

• Strong Shisha Tobacco
• Mild Shisha Tobacco
• Light Shisha Tobacco

By Flavor:

• Fruit
• Berry
• Apple
• Melon
• Citrus
• Tropical
• Others
• Chocolate
• Caramel
• Mint
• Blended
• Others

By Sales Channel:

• Direct Sales
• Hypermarket/Supermarkets
• Specialty Stores
• Convenience Stores
• Independent Small Stores
• Online Retailers
• Other Sales Channel

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Future Market Insights (FMI) delivers key insights on the Europe & Asia Pacific herbal beauty products  market in its upcoming outlook titled, “Europe & Asia Pacific Herbal Beauty Products Market: Industry Analysis and Opportunity Assessment, 2016–2026”. In terms of value, it is expected that the Europe & Asia Pacific herbal beauty products market will register a CAGR of 3.7% during the forecast period due to various factors, on which FMI offers vital insights in detail.

Consumer preference for clean label beauty care products is shifting significantly due to increasing awareness regarding the benefits of herbal and natural ingredients. Consumers are increasingly opting for greener products owing to presence of toxic ingredients in synthetic cosmetic products, which are known to cause various adverse effects. Moreover, consumers are currently more informed regarding the benefits of using herbal products through promotions, advertisements and activities on various social media platforms.

Herbal skin care products improve skin texture, tone and appearance owing to presence of nutrients required to enrich overall skin health. Increasing consumer demand for eco-friendly personal care products has prompted companies to enter into the herbal and natural personal care products market and develop new and advanced products. Manufacturers are continuously launching herbal personal care products with remedial properties and long-term benefits, which is resulting in addressing existing consumer requirements and aiding in expanding customer base.

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Segmentation analysis

• On the basis of end-use, the Europe & Asia Pacific herbal beauty products market is segmented into male and female. Female segment is estimated to account for the largest share by 2016 end. Male segment is expected to account for substantial growth over the forecast period. Increasing inclination of male consumers towards personal grooming and outward appearance among is expected to support growth of the male segment over the forecast period.

• Europe & Asia Pacific herbal beauty products market is also segmented on the basis of distribution channel which includes supermarket, specialty stores, departmental stores, drugstores, online/direct selling, and beauty salons. Among all these segments, supermarket segment is expected to account for relatively higher value share during the forecast period. Specialty stores segment has been estimated to occupy the second largest share accounting for 21.1% value share in 2015.

• As far as the types of herbal beauty products are concerned, Europe & Asia Pacific herbal beauty products market is segmented into skin care, hair care, oral care, and fragrance. Among all these segments, skin care type segment has been estimated to represent 45.7% value share in 2016 and expected to remain dominant over the forecast period.
• Increasing acne issues owing to increasing humidity and pollution levels is expected to drive growth of the skin care type segment in the market during the forecast period. Skin care segment is sub-segmented into cream & lotion, cleanser & toner, facewash & scrub and others. Among these sub-segments, cream and lotion is expected to account for major value share over the forecast period.

• Hair care segment is expected to occupy second largest position on the pie in terms of revenue contribution. The Hair care segment is sub-segmented into powder, hair oil, conditioner, shampoo, and others. The Oral care segment is likely to represent substantial growth over the forecast period. The segment is projected to represent 3.1% CAGR in terms of value growth by 2026 end.

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Regional analysis

This report discusses trends driving growth of each segment and offers analysis and insights of the potential of the Europe & Asia Pacific herbal beauty products market in specific region including Asia Pacific (APAC) and Europe. Markets in APAC are expected to record high growth rates in terms of value between 2016 and 2026. Japan has been estimated to be the largest consumer of herbal beauty products followed by China in 2015 across the APAC region.

Vendor insights

This report covers detailed profiles of key players in Europe & Asia Pacific herbal beauty products market, which includes key strategies, key developments, product offerings and others. Key companies profiled in this report are Bio Veda Action Research Co., VLCC Personal Care Ltd., Surya Brasil, Dabur India Ltd., Himalaya Global Holdings Ltd., Lotus Herbals, Hemas Holdings Plc, Sheahnaz Herbals Inc., and Herballife International of America Inc.

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