Market Research Blog – Page 10850 – New Product Development

Low Profile Compact System Closures Have Become A Segment Of Closures In The Cosmetics, Pharmaceutical And Healthcare Sector-FMI

Packaging for products has evolved through the ages witnessing a tremendous shift in design, functionality, aesthetics and Low Profile Compact System Closures Market convenience. When we talk about convenience, we consider both the consumers, as well as the producers. With respect to the consumers, convenience refers to easy usage, durability, increased functionality and convenient disposal.

With the ‘on the go lifestyle’ taking over, the aforementioned characteristics hold tremendous weightage. With respect to the producers, convenience refers to low cost of production, less raw material usage, convenient storage and transport, low weight, and aesthetic appeal.

Considering these needs of consumers and producers, low profile compact system closures and packages exactly fit the bill. Low profile compact system closures have become a very attractive segment of closures in the cosmetics, pharmaceutical and healthcare sector.

Closures are used to seal bottles, cans, tubes etc. Low profile compact system closures maintain the integrity of the product and make possible the preservation of the product. This in turn increases the shelf life of the product. Various materials are used in the manufacturing of closures.

The material used is mainly chosen to accentuate the aesthetics, while also maintaining the functionality of the product. One of the upcoming and most effective closure systems available in the market are the low profile compact system closures.

Low profile compact system closures are perfect for water based and solvent based formulations as this technology maintains the characteristics of the product during use and on the shelf. Low profile compact system closures technology locks the container effectively, thereby retaining the product by prevention of weight loss due to loss of moisture.

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Low profile compact system closures- Market Dynamics

Packaging today demands convenience not only in the functionality of the packaging, but also the storage, transport and disposal. With the rising disposable incomes, personal use products have seen a tremendous rise in demand. This has in turn triggered the supply of the products, and innovations to reduce the total cost of their production and packaging.

By that token, low profile compact system closures have fittingly found their way in the packaging production systems. Low profile compact system closures reduce the overall weight of the packaged product. Weight reduction is achieved due to the less use of raw material in the production of the low profile compact system closures.

In terms of sustainability, less energy is utilized during production, which is a major driver for the growth of low profile compact system closures market. Moreover, Transport of total number of units per truck also increase, which is expected to boost the global low profile compact system closures market growth.

Low profile compact system closures- Regional Outlook

In terms of geography, the low profile compact system closures has been divided in to five key regions; North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The low profile compact system closures is expected to exhibit an above average CAGR during the forecast period. Asia Pacific is expected to be the fastest growing region for low profile compact system closures market during the forecast period.

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Due to the rising per capita income and the increase in industrialization, Asia Pacific region will also fare the largest in terms of consumption, as well as production in global low profile compact system closures market. Latin America and Europe will closely follow behind the growth pattern of the Asia Pacific region during the forecast period in low profile compact system closures. North America and Europe will comparatively witness a slower growth in terms of the low profile compact system closures market during the forecast period.

Low profile compact system closures- Major Players

Some of the key players in the low profile compact system closures are Vetroplas Packaging Ltd., Berry Plastics Corporation, Crown Holdings, Portola Packaging Inc., Silgan Plasic Closures Solutions, Global Closure Systems, Paradigm Packaging Inc., OBerk Company LLC, Reynolds Group Holdings and PolyChem Alloy Inc among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.

Low profile compact system closures Market- Market Segmentation

Based on the Material type, the low profile compact system closures market is segmented into:

Plastics
Metal
Others (wood, rubber, elastomers)

Based on the end use, the low profile compact system closures is segmented into:

Food & beverages
Cosmetics
Pharmaceuticals
Healthcare
Others (automotive, chemical)

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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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France Medical Tourism Market to Reach at US$ 4592 Mn in 2022

The France medical tourism market to reach a valuation of US$ 4,592 Mn in 2022. Sales are projected to increase at a CAGR of 8.5% through 2032.

Over the years, medical tourism in France has been rising due to presence of highly developed medical facilities and technologies. Patients opt for tretaments due to the fact that many medical procedures or operations are expensive and are not easily available in their native places.

Availability of advanced bariatric surgery, dental treatment, and high-quality cosmetic operations is creating conducive environment for the market players in France. The nation, which had previously prohibited medical travel, revived the industry in 2015 by transforming up to 40 facilities, including the American Hospital of Paris and Gustave Roussy Cancer Center, into world-class referral centers for patients from outside.

Some of the important factors that have contributed to the expansion of the medical tourism business are decreased airfare, rising incomes in developing countries, and rising need for high-quality healthcare. The companies engaged in the area will profit from this, together with the French government’s goal of promoting the medical tourism industry.

“France medical tourism business will benefit from the improved healthcare infrastructure, effectiveness, comfort, and personalized care.” – Says an FMI analyst.

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Key Takeaways:

By treatment type, demand will remain high for orthopedic and cancer treatments in France tourism market during the forecast period.
Based on services, the therpeautics services segment will be most remunerative in the France medical tourism market through 2032.
By tour type, packaged traveller segment is likley to hold the largest revenue share of the France medical tourism market in 2032.
In terms of age group, 46 and 55 category is most likely to travel to France for medical tourism treatments over the assessment
Online booking remains the most preferrd booking channel by medical tourists.

Who is Winning?

Leading companies in the French medical tourism market are attempting to increase their revenue by providing all-inclusive packages to VIP clients. In addition to striving to further increase their presence, they are concentrated on expanding their service reach by bringing more healthcare institutions under their tent.

Major players present in the France medical tourism market include The Hernia Institute Paris, Medifrance Solution, France Medical Access, Dr. Parisescu., FAME Santé, Ribau & Garner, France Surgery, Medical Concierge France, SAM Medical France, Sonio, Ludocare, Charles.co, Axomove, Dynveo, MEDTECH, SILVER ECONOMY, Groupe Médical Santé, DIXI medical, Int’Air Medical, PrimaX Imagerie Médicale are among others.

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France Medical Tourism Market by Category

By Treatment Type:

Dental Treatment
Cosmetic Treatment
Cardiovascular Treatment
Orthopaedic Treatment
Neurological Treatment
Cancer Treatment
Fertility Treatment
Others

By Services:

Wellness Services
Therapeutic Services

By Tour Type:

Independent Traveller
Tour Group
Package Traveller

By Consumer Orientation:

Men
Women
Children

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

By Booking Channel:

Phone Booking
Online Booking
In-Person Booking

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About Future Market Insights (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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Indonesia Sustainable Tourism Market is Estimated to Total US$ 10.2 Mn in 2022

The Indonesia sustainable tourism market to total US$ 10.2 Mn in 2022. Demand is slated to surge at a a 27.3% CAGR over the assessment period, in comparison to the CAGR of 21.4% registered between 2017 to 2021.

The Indonesia sustainable tourism industry is following various promotional activities such as direct marketing, discounts, offering free giveaways, and hosting events activities to promote their services. As the majority of potential customers are millennials who prefer social media to search and discover travel packages, companies are investing in advertisement on social media channels to improve sales.

Aside from that, the country’s service sector is gradually aiming for the contactless/online payment trend. When contactless transactions are allowed, customers save time by not trying to sort through cash or enter their PIN. The introduction of mobile payments has also made carrying a wallet out-of-date. Travel agencies and cash counters at tourist locations are offering cashless payment methods to offer convenience to tourists.

“Rising focus on sustainable development across remote locations in Indonesia, along with government-backed initiatives to support eco-friendly practices in the tourism sector will continue fueling the growth in the market,” says an FMI analyst.

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Key takeaways

26-35 age group segment will continue to hold the highest share in market.
The domestic tourist segment will remain highly lucrative in the tourist type category
In terms of tour type, the package tours segment is estimated to account for a dominant share in the market.
Based on booking type, demand in the online segment will remain high through 2032.

Competition Landscape

Leading companies operating in the Indonesia sustainable tourism market are focusing on maintaining sustainable tours and eco-friendly practices during the trip, advertising popular tourist destinations in Indonesia, and new offers to improve sales.

Leading companies providing sustainable tourism in Indonesia are Altai Travel, Travelxism Sustainable Tour, Sumatra Eco Travel Bukit Lawang- Tours & Trek, Javaindo Ecotourism Tour & Service, Exo Travel Indonesia, Happy Trails! Asia-Indonesi, Azimuth Adventure Travel Lt, Satguru Indonesia-Travel Management Compan, K.B.A Tur (PT. Karang Bali Asli Tur, Delokal- Travel Like loca, Authentic Indonesi, Trijaya Travel: Sumatra Tour & Travel Agent Meda, Destinazones, Wild Sumatra Tours and others.

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Indonesia Sustainable Tourism Market by Category

Tourism Type:

Eco-Tourism
Green Tourism
Soft Tourism
Community Tourism

Booking Channel:

Phone Booking
Online Booking
In-Person Booking

Tourism Type:

Domestic
International

By Tourist Type, Indonesia Sustainable Tourism Market is segmented as:

Independent Traveler
Tour Group
Package Traveler

Consumer Orientation, Indonesia Sustainable Tourism Market is segmented as:

Men
Women

By Age Group, Indonesia Sustainable Tourism Market is segmented as:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

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Pharmaceutical Companies Are Also Preferring Unit Dose Tubes For Packaging Of Various Drug-FMI

Unit dose tubes are those tubes which consist of only serving. Such unit dose tubes were primarily manufactured for clinical and pharmaceutical usage so that patient can be administered with the desired drug as per requirement and measurement without any error which can lead to potential harm and death of the patient.

Slowly such unit dose tubes packaging has also gain popularity for packaging of cosmetics, adhesive and F&B industries as consumer preferred such packaging as it is very convenient in using, storing compared to large volume single unit packaging.

Market: Drivers & Restraints

The key factor which will drive the unit dose tubes market is pharmaceutical industry which has the highest demand for such unit dose tubes at present and has potential to grow over the forecast period. With pass of the Drug Supply Chain Security Act in 2013 – and with the deadline for manufacturers having a unique serial code on each package by November 2017, there has been high demand of unit dose tubes amongst pharmaceutical industries for packaging of specific drugs.

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According to U.S. government in 2014, there were around 22,000 death in U.S. due to drug abuse, such alarming situation has made pharmaceuticals companies to bent towards unit dose tubes for packaging of certain drug such as opioid based. With unit dose tubes packaging a physician can prescribe such drug only that much which patient must require nothing more.

Pharmaceutical companies are also preferring unit dose tubes for packaging of various drug and vitamins for senior age population who with age find it difficult to remember to take drug as prescribe, such unit dose packaging will be helpful in meeting this gap as it will carry required amount of drug for single use and easy to open and tear.

Population across globe are rising so as the living space is shrinking, people now are more calculative and particular on spending and selecting on those commodities which they need day to day or for momentarily use. Most of the population in present time look for commodities such as grooming products, toiletries uses and adhesives in unit dose tubes because they just buy it when need arises which can be easily used as much required and no hassle of buying something of larger volume by paying more and then storing it for future usage. Such mindsets among consumers are on rise which will drive the market of unit dose tubes subsequently.

Considering the increasing convenience which consumers look for and trend such as pay per use unit dose tubes marketing has next to none restraints.

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Unit dose tubes Market: Regional Outlook

Based on the geographies, global unit dose tubes market is segmented into five key regions — North America, Latin America, Europe, APAC, and Middle East & Africa. Among the aforementioned regions, North America accounts for significant share of unit dose tubes market, owing to the best of medical facilities established there and pharmaceutical companies which drives the unit dose markets primarily.

In countries such as U.S., the various companies such as cosmetics and toiletries use offer products in unit dose tubes for convenience of consumer. North America is followed by Europe for the similar trend alike North America.

In APAC region the market of unit dose tubes is booming with increase in population and consumers from this region prefer such packaging for personal care products owing to their change in lifestyle and mindset. In region such as MEA & Latin America the market for unit dose tubes is growing amongst pharmaceutical industries and over the forecast period it has been anticipated unit dose tubes market will grow in other sectors also.

Unit dose tubes market: Key Players

Some of the major players identified in the unit dose tubes market are, Amcor Limited, LF of America, Reagent Chemical, Unicep, Unette Corporation, Sonic, McKesson Corporation, The Medi-Dose Group, Unit Pack Co., Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.

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Unit dose tubes Market: Segmentation

The global Unit dose tubes market is segmented on the basis of applications, end users, and region.

On the basis of applications, the global Unit dose tubes market is segmented into:

Pharmaceuticals
Cosmetics
Adhesives
F&B

On the basis of end users, the global Unit dose tubes market is segmented into:

Clinics & Hospitals
Veterinary
Households

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Italy Faith Based Tourism Market is to Grow at a ~2%-6% in 2032

The Italy faith based tourism market is set to be valued at US$ 72 Mn in 2022. It is projected to exhibit growth at a CAGR of 9.8% from 2022 to 2032.

Religious tourism in Italy is considered to be tremendously rich and diversified. Believers and non-believers alike are drawn to a variety of attractions, including spiritual experiences. They often look for significant experiences and seek to appreciate the chance to share religious and spiritual encounters with other like-minded visitors.

Italy is a popular cultural tourist destination due to its unrivaled cultural history, which includes museums, theaters, archeological sites, historical towns, industrial sites, music, and food.

Key Takeaways: Italy Faith Based Tourism Market

The Italy faith based tourism market exhibited growth at a CAGR of 5% in the historical period from 2017 to 2021.
By tourist type, the international segment is anticipated to grow at a CAGR of 0% throughout the forecast period.
In terms of booking channel, the online booking segment is likely to showcase growth at a CAGR of 0% during the forecast period (2022-2032).
Based on tour type, the package travelers segment is set to dominate the market by generating the highest share.
By age group, the 36-45 years segment is estimated to lead the Italy faith based tourism market by accounting for the lion’s share.

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“Pilgrimages and visits to the Marian shrine have increased significantly in recent years in Italy. Increasing number of new religious attractions, including religious-themed festivals and activities, is expected to boost the market,” says a FMI Analyst.

Competitive Landscape: Italy Faith Based Tourism Market

Leading faith-based tourism firms in Italy are focusing on adopting various promotional strategies to attract more customers. They are also promoting well-known spiritual tourist attractions across Italy through social media platforms.

Major players present in the Italy faith based tourism market are Italy Travel Company, Hello Florence Tours Travel Srl, Venice Italy Travel, Luxury Rome Tour, Smart Trip, Show Me Italy, Real Italy Travel, LivTours, Argiletum, Italy Customized Srl, Miles&Miles Tours of Rome and Italy, Milan Visitor Center- Zani Viaggi, Michelangelo International Travel, Caf Tour & Travel, Cedars Travel, Through Eternity Tours, and Rome Travels among others.

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The travel & tourism team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the travel & tourism industry, the team is happy to help with every business intelligence research and consulting requirement.

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Italy Culinary Tourism Market Outlook by Category

By Activity Type:

Culinary Trials
Cooking Classes
Restaurants
Food Festivals
Others

By Booking Channel:

Phone Booking
Online Booking
In-Person Booking

By Tourist Type:

Domestic
International

By Tour Type:

Independent Traveller
Package Traveller
Tour Group

By Consumer Orientation:

Men
Women
Children

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

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Germany Culinary Tourism Market Will to US$ 48,199 Mn in 2022

The Germany culinary tourism market to reach a valuation of US$ 48,199Mn in 2022, with sales growing at a 12.4% CAGR through 2032.

Online platforms and social media platforms are being used by the leading German culinary tourism players to promote the cuisine heritage of Germany. The wine making and tasting package available within culinary packages is appealing international tourists.

The government is also financing local and small restaurants/hotels/ cafes to promote the culinary tourism market. They are also promoting new entrepreneurs. Thanks to this, restaurant and cafes owners are more motivated to provide local delicacies made from the local ingredients found in particular locations in Germany.

“Rising government-backed initiatives to promote local cafes and eateries in Germany, along with growing interest in exploring the culinary heritage of the country among international travellers will continue pushing sales in the market over the forecast period,” says an FMI analyst.

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Key Takeaways:

Based on activities, the restaurant segment will account for a dominant share in the market over the assessment period.
Online bookings are expected to contribute a the most to the Germany culinary tourism market.
The influx of international tourists in Germany will remain high.
Individuals in the 35-45 age bracket are most interested in taking German culinary tours.

Competition Landscape

Leading players in the Germany culinary tourism market are focusing on promotional strategies to improve sales. They are also collaborating with local restaurants, bars, and eateries to gain a competitive edge in the market.

Key players in the Germany culinary tourism market include Fork & Walk Tours Munich, VOC – Vereinte Ostdeutsche Compagnie GmbH, Withlocals, Travelxsite, Discover Bohemia Tours, Fat Tire Tours Berlin, Henry Heidelberg Tours, A Friend in Berlin, Räucherspeziatlitäten Pfau, Wie schmeckt meine Stadt, Opatrip.com Germany, Travelxsite, Essence of Berlin, Tripaneer and Goway Travel among others.

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The Germany Culinary Tourism Market By Category

By Activity Type:

Culinary Trials
Cooking Classes
Restaurants
Food Festivals
Others

By Booking Channel:

Phone Booking
Online Booking
In Person Booking

By Tourist Type:

Domestic
International

By Tour Type:

Independent Traveler
Package Traveler
Tour Group

By Consumer Orientation:

Men
Women

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

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Brazil Culinary Tourism Market is Estimated to Increase at a 17.6% CAGR in 2022-32

The Brazil culinary tourism market to be worth US$ 17,831 Mn in 2022. Sales in the market are projected to increase at a 17.6% CAGR over the forecast period (2022-2032).

Growing penetration of online websites and social media structures is one of the key factor propelling the demand in Brazil culinary tourism market. Rising trend of wine making and tasting package deal is expected to create lucrative growth opportunities for the market players.

Further, the government authorities are investing extensively to promote small restaurants and hotels pushing the demand in Brazil culinary tourism market. This will boost the demand at an impressive rate over the forecast period in Brazil culinary tourism market.

“Key players are collaborating with government to promote regional delicacies/dishes available in Brazil. This is expected to create remunerative growth prospects for the market players over the upcoming decade”- Says an FMI analyst.

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Key Takeaways:

Online bookings segment is expected to contributed lion’s share in the Brazil culinary tourism market.
International tourists are expected to account for maximum revenue in the Brazil culinary tourism market through 2022 & beyond.
In terms of age group, the 35-45 segment is expected to witness fastest growth over the assessment period as the demographic are financially stable.
Based on activity, the restaurants segment is projected to increase at a positive pace in the upcoming decade

Who is winning?

Leading players of Brazil Culinary Tourism are focusing on promotional strategies and they are doing business with small local restaurants and cafes to improve sales in the market.

Major players present in the Brazil Culinary Tourism market are Tasting Tour SP by Vicky Constantinescu, Uluwatour Viagens & Receptivos, Rio Carioca Tours, ESPAÇO DISCOVER POA, Paraty Explorer, Tour de Boteco, Traveller XP, Concrete Jungles Walking Tours, Way to Know Rio, Jeep Tour – Rio de Janeiro, C2RIO TOURS & TRAVEL, Cook in Rio, Concrete Jungles Walking Tours, Free Walker Tours, Amazon Amazing Tours, Rio Alternative Tour among others.

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Brazil Culinary Tourism Market by Category

By Activity Type:

Culinary Trials
Cooking Classes,
Restaurants
Food Festivals
Others

By Booking Channel:

Phone Booking
Online Booking
In Person Booking

By Tourist Type:

Domestic
International

By Tour Type:

Independent Traveller
Package Traveller
Tour Group

By Consumer Orientation:

Men
Women

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

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Brazil Faith Based Tourism Market to Reach a Valuation of US$ 911 Mn in 2022

The Brazil faith-based tourism market to reach a valuation of US$ 911 Mn in 2022. Sales are projected to increase at 7.9% CAGR between 2022 and 2032.

Tourism is today regarded as one of the most important sectors in the world, with a wide range of forms and natural environments. Religious tourism is one of the most rational and popular types of travel. It is described as a travel to religious sites to experience religious forms or to learn and admire their related arts, architecture, and other traditions.

Religious tourism is one of the most ancient types of tourism and one of the most important areas of the tourism and travel business. This type of tourism has several social, economic, and other benefits. As a result, governments in countries like Brazil are putting various efforts to develop popular religious destinations. This will positively impact demand in the Brazil faith- based tourism market during the forecast period.

Brazilians are passionate about their religions, creeds, beliefs, and cultures. It is stated that the country’s air is colored with dedication and religion. As a result, Brazil has become a one-stop destination for people not just from South America but from all over the world. This element has also promoted religious tourism in Brazil. Brazil has a diverse religious heritage and worship venues; the country has 96 religious attractions spread throughout 344 cities.

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In honour of Nossa Senhora Aparecida, the national patron saint of Brazil, the National Sanctuary of Nossa Senhora Aparecida was constructed in 1930 in the city of Aparecida, state of So Paulo. Aparecida is the annual destination for thousands of pilgrims. The city has a large hotel sector, an extensive road network, and religious service infrastructure, and visitors’ assessments of the responsive infrastructure were favorable, which is also attracting tourists to Brazil.

Various initiatives are being taken by the Brazilian Tourist Board to promote the religious tourism in the country. For instance, Embratur (also known as the Brazilian Tourist Board) launched marketing campaign which was to reinforce public awareness that the country is open for tourists now and no longer requires visa for entry. This campaign resulted in a $5.7 million boost in bookings from Americans.

Key Takeaways from the Brazil Faith-Based Tourism Market Study

By tourist type, domestic tourist segment will continue to lead the Brazil faith-based tourism market during the forecast period.
In terms of booking channel, the online booking segment will grow at 5% CAGR during the forecast period.
Based on tourism type, religious and heritage tours segment is expected to account for the largest revenue share by 2032.
Demand in the 46-55 age range is expected to grow at a healthy pace through 2032.
The Brazilian Tourism Board initiated a campaign in 2021 to raise public knowledge that the nation is accessible to visitors and no longer requires a visa to enter.

“The religious tourism business in Brazil has yet to be fully explored. This industry will present a plethora of prospects for new business launches as well as a huge number of jobs in the country. Says FMI analyst.

Who is Winning?

Leading faith-based tourism enterprises in Brazil are focusing on advertising strategies and marketing well-known tourist destinations to improve market sales.

Major players present in the Brazil tourism market are Brazil Vip, Trip Brazil, BrazilVacation.travel, Adventura do Brasil, Mauicio Travels, Bromelia Brazil Travel, LatinDiscoveries, Terra Brazil, Around SP, Favela Walking Tour, Nattrip, Cook in Rio, Brazil Top Travel Agency, Uniglobe Travel Brazil, Uai Brazil Tour, Matuete-Produtora de Viagenes among others.

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Brazil Faith-Based Tourism Market by Category

By Tourism Type:

Day Trips & Local Gateways
Museums
Pilgrimages
Religious and Heritage Tours
Others

By Booking Channel:

Phone Booking
Online Booking
In-Person Booking

By Tourist Type:

Domestic
International

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

By Consumer Orientation:

Men
Women
Children

By Tour Type:

Independent Travellers
Tour Groups
Package Travellers

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Italy Culinary Tourism Market to Expand at 15.2% CAGR through 2032

The Italy culinary tourism market to reach a valuation of US$ 34,903 Mn in 2022. Sales are projected to increase at 15.2% CAGR during the forecast period from 2022 to 2032.

Online and social media platforms are being used by leading Italy culinary tourism market participants to promote the cuisine heritage of the country. Wine making and tasting packages provided by various travel agencies in the country are attracting more international tourists as Italy is famous for its wine.

Culinary classes offered in certain areas in Italy are also driving the market. For instance, in Bologna, one can take classes to learn how to prepare Tortellini and in Rome, one can learn how to make pasta by purchasing the correct ingredients. These initiatives are mainly taken by the Italian government to promote the country’s culinary tourism market.

In addition, the government is providing financial support to local and small restaurants, hotels, and cafes to promote traditional food and drinks. They are also promoting new entrepreneurs. Due to these initiatives, restaurants and cafes are nowadays providing local delicacies made by using conventional ingredients found across Italy.

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“Increasing number of culinary classes conducted by citizens of Italy to help tourists get a clear picture of the country’s rich culture is expected to boost growth during the forthcoming years,” says a FMI analyst.

Key Takeaways: Italy Culinary Tourism Market

By activity type, the restaurants segment is likely to dominate the Italy culinary tourism market.
Based on booking channel, the online booking segment is anticipated to generate lion’s share in the Italy culinary tourism market.
In terms of tourist type, the international segment is set to lead the Italy culinary tourism market by holding the largest share in 2032.
By age group, the 35-45 years segment is expected to dominate the Italy culinary tourism market in the assessment period.
The Italy culinary tourism market represents about 5%-9% of the global culinary tourism industry.

Competition Landscape: Italy Culinary Tourism Market

Leading players in the Italy culinary tourism market are focusing on adopting promotional strategies to attract more tourists. They are also collaborating with small, local restaurants and cafes to enhance sales in the market.

Major players present in the Italy culinary tourism market are Sicily Activities, Soleto Travel, Let’s Cook in Umbria, Click Tours, Back-Roads Touring, Omega Tours, Travel Before, Intrepid Travel, Winedering, Turisti in Puglia, Europeando Europa, Exodus Travels, Experience BellaVita, ExperiencePlus! Bicycle Tours, Cosmos, and Learning Journeys among others.

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Italy Culinary Tourism Market Outlook by Category

By Activity Type:

Culinary Trials
Cooking Classes
Restaurants
Food Festivals
Others

By Booking Channel:

Phone Booking
Online Booking
In-Person Booking

By Tourist Type:

Domestic
International

By Tour Type:

Independent Traveller
Package Traveller
Tour Group

By Consumer Orientation:

Men
Women
Children

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

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Anti-Pollution Skin Care Products Market to Rise at 7.3% CAGR Between 2021 And 2031

The anti-pollution skin care products market to surpass a valuation of US$ 13.3 Bn at a CAGR of over 7.3% through 2031. Natural substances used in cosmetics and toiletries are in high demand, and this trend is predicted to continue.

The recent increase in consumer awareness of health, happiness, and the environment is reflected in the organic beauty trend. According to the trend, businesses are substituting natural ingredients with synthetic ones. This is partially because of consumer demand and partly because of a move toward sustainable raw materials.

The demand for chemical-free cosmetics is rising as people become more aware of their harmful effects. Customers are increasingly seeking products that are affordable, natural, and nutritious.

Aside from increased disposable incomes, there has been an increase in allergy cases as more chemical-based items enter the market. With greater exposure to chemical-based beauty products, people are experiencing a variety of allergies. People with sensitive skin generally avoid using such products, resulting in an increase in demand for high-end anti-pollution care solutions.

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Probiotic skincare is in high demand due to a preference for organic ingredients and the popularity of probiotics in the food and beverage industry. This opens up the possibilities for the cosmetics and personal care sector, as well as a lot of room for growth in the worldwide anti-pollution skin care products market.

The FDA in the United States is now examining scientific data to determine the safety of pro-biotics and post-biotics. Pentavitin (US only) targets Staphylococcus epidermidis prevalent in the scalp microbiome to moisturize the area and alleviate dry skin, and DSM is one of a few companies investigating into the benefits of this medicine. Syn-Up (US only) is another DSM product, a peptide component that interacts with the skin microbiome to address dry skin problems and skin redness.

Key Takeaways from the Anti-Pollution Skin Care Products Market Study

High-performance skincare for pre-teens is expanding the roots of personal care market globally.In terms of product type, facial scrubs & toners are expected to hold a noteworthy revenue share of 25.1% in 2021 due to increasing skin issues such as dryness, dark spots, wrinkles, and others.

In terms of nature, natural & organic anti-pollution skin care products marks as the prominent category due to the rising trend of organic ingredients such as turmeric, aloe vera which are chemical free.The U.S. holds a noteworthy value share of 79.0% in North America owing to the rapid upsurge in the number of anti-pollution skin care products in recent years.Thailand is a key market in South Asia reflecting a CAGR of 10.5% owing to higher spending on premium products in the country.

“To keep up with consumer demand for anti-pollution makeup, manufacturers are developing new products in a variety of makeup categories. The introduction of anti-pollution makeup, from lip balm to serum to face mask, even makeup remover, is propelling the total anti-pollution skin care products industry.” says an FMI analyst.

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Impact of COVID-19 on the Market

The novel coronavirus outbreak has caused an economic downturn by disrupting corporate operations in a variety of industries. The retail sector has taken a beating. A temporary difficulty for market participants is the decline in overall discretionary spending levels. The manufactures in the industry are focused to expand their product offerings and enhance their product portfolio even focused on improving online penetration, as this provides an opportunity to the players to access a wider consumer base at once within minimum costs.

Who is winning?

Leading manufacturers of anti-pollution skin care products are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of anti-pollution skin care products globally.

Major players present in the anti-pollution skin care products market are Procter & Gamble Co., Beiersdorf AG, Unilever PLC, Avon Products Inc., The Estee Lauder Companies Inc., L’Oreal S.A., Kao Corporation, Colgate-Palmolive Company, Avon Products, Inc., Shiseido Company, Amway, among others.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global anti-pollution skin care products market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the anti-pollution skin care products market based on the product type (sun care products, moisturizers/ creams, facial masks, facial scrubs & toners, cleansers, and serums), end-user (male, female, and unisex), nature (conventional, natural/organic), sales channel (hypermarkets/ supermarkets, convenience stores, specialty stores, salon stores, online retailing, pharmaceutical & drug stores, and others) across seven major regions.

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