Orthopedic Insole Market is Booming Across the Globe and Witness Huge Growth by Key Players to 2031

A Future Market Insights (FMI) analysis projects that the orthopedic insole market would surpass US$ 4.9 Bn by 2021. Although getting a pair of personalised shoes may seem like a luxury or indulgence, medical issues like diabetes, club foot, or amputations frequently need it. Orthopedic insole sales have increased as a result of the rising incidence of numerous disorders that impact the feet and general health. Doctors now understand that changing shoes can solve many physical issues. Flat feet, poor posture, and other issues can all be resolved by correcting the feet. The National Institutes of Health provides a list of various foot conditions for which orthopaedic shoes manufactured to order are recommended.

Custom foot orthotics are constructed with the wearer’s individual medical condition, evaluation of limb length, and measurements of the legs and feet in mind. They are made to the wearer’s prescription specifications. Compared to mass-produced, prefabricated foot orthotics that are readily available from malls or pharmacies, they are therefore more effective and efficient. Custom orthotics support desired, natural movements to relieve stress on the foot. Not all stylistic needs can be addressed when consumers need distinctive footwear for medical reasons. However, a talented shoemaker may collaborate with clients to create a style that is both trendy and practical.

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Sustainability Concerns Impacting Orthopedic Insoles Sales

After decades of rapid fashion and unnecessary production chains, sustainability is the newest hot topic in the footwear industry. The other developing themes are ethical production, eco-friendly materials, and personalization. Sustainability is one of several determining elements for brand value given that brands regularly release new goods, collections, and ideas. The introduction of a number of environmentally friendly designs made from recycled post-production foam has helped to promote sustainable orthopaedic insoles. For instance, OrthoLite pioneered environmentally friendly products made with ground-breaking technology and recycled rubber waste with the introduction of its first insole in 1997. Superfeet’s most recent product line, the Me3D series, incorporates sustainability. Me3D provides totally individualised insoles made from a 3-D scan that are then 3-D printed to precise measurements (reducing waste) as part of their service.

Purchase patterns for orthopaedic insoles are influenced by the product’s material, sustainability rating, and function. Functional orthopaedic insoles are particularly successful at resolving problems and restoring alignment. In order to give both support and comfort, soft materials like Neoprene, different open- and closed-cell foams, or similar cushioning materials may be utilised in conjunction with functional foot orthoses, according to the American Academy of Podiatric Sports Medicine. One of the most prevalent trends seen in the market is the development of products with novel and inventive designs and styles. This shift in consumer purchasing preferences has prompted market participants to promote innovation and broaden their product lines, thereby reaching previously untapped markets and boosting demand over the predicted period.

Key Takeaways from the Orthopedic Insoles Market Study

  • In terms of value, orthopedic insoles sales will significantly rise, exhibiting 10.4% CAGR between 2021 and 2031
  • Higher prevalence of obesity in the U.S. will enable it account for nearly 85% of sales in North America
  • Demand in U.K. is expected to rise considerably, facilitating y-o-y growth at a little above 6% in 2021
  • Both Germany and France are expected to offer highly lucrative opportunities for growth
  • Increasing focus on health and wellness will drive orthopedic insoles sales in Japan and South Korea

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Impact of COVID-19 & 2020 Market Analysis

During the COVID-19 pandemic outbreak and because of the lockdown, orthopedic companies were unable to operate across the world which in turn impacted Orthopedic insoles demand severely. Moreover, there have been travel restrictions which possibly inflicted an adverse impact on the companies’ results of operations. However, since the resume of market, orthopedic insoles manufacturers started offering their customers various offers on prefabricated Orthopedic insoles to compensate for the already occurred losses. Above all, various strict guidelines have been imposed by the government to be followed by the Orthopedic insoles companies as a mandate in this pandemic situation.

Who is winning?

A few key players operating in the orthopedic insoles market are Reckitt Benckiser Group PLC, Otto Bock SE & Co. KGaA, Bauerfeind aG, Mile High Orthotics Lab, Inc., Stable Step, LLC, Cascade Dafo, Inc., Birkenstock Digital GmbH, Steeper, Inc., A.Algeo Limited, Peacocks Medical Group, Aetrex Worldwide, Inc., Superfeet Worldwide, Inc., Digitsole, and Allied OSI Labs, among others.

The players are aggressively investing in product development with an aim to gain a competitive advantage. Besides this there is considerable focus on recent technologies. For instance, Covestro shared in 2019 that it has been focusing on the development of 3D printed insoles made from thermoplastic polyurethane (TPU). Such developments are expected to bode well for the market.

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Orthopedic insoles Market by Category

Insole Type

  • Prefabricated
  • Custom

Base Material Type

  • Polymer
  • Plastic
  • Rubber
  • Carbon Fiber
  • Silicone

Consumer Orientation

  • Men
  • Women
  • Kids

Sales Channel

  • Direct
  • Indirect
    • Hypermarkets/ Supermarkets
    • Departmental Stores
    • Multi-Brand Stores
    • Specialty Stores
    • Exclusive/ Franchised Stores
    • Online Retailing
    • Others

Region 

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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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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Online Clothing Rental Market 2022: Size, Revenue, Application, Types, Trends In Future, Scope To 2030

In a recent analysis, Future Market Insights (FMI) predicted that the online clothes rental market will increase strongly between 2021 and 2031. By 2021, the market is anticipated to generate US$ 1.8 billion. The clothes rental industry is starting to adopt a new trend: the subscription model. It appeals to retailers who are pressed to adapt to changing consumer preferences before certain designs fall out of favour.

To reach its customers, the clothing rental sector is advancing its assortments under subscription model plans despite dropping garment sales. The subscription model generates recurrent income in addition to providing potential clients with expertise with clothes rental businesses. Retailers may be able to avoid the costs of traditional brick-and-mortar businesses, though. Additionally, the market for clothes subscriptions and rentals gives designers quick access to consumer preferences. Additionally, by requiring specialty/niche markets, the online clothes rental subscription business is expanding the reach of its customers. To get traction, some of them are using creative tactics. For instance, unlike other online apparel rental companies, Gwynnie Bee provides rental clothing for plus-sized customers.

In the meanwhile, Union Station wants to do away with the hassle of purchasing bridesmaid dresses, which are frequently expensive and chosen based on the lady, not the wearertaste ,’s and style. The company allows women to pick out the dresses for their bridesmaids, which can then be returned after being dry-cleaned.

Therefore, online garment rental aims to reduce clients’ spending on new apparel for any special occasion or purpose.

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Key Takeaways from the Online Clothing Rental Market Study

  • FMI in its latest study has forecast the market to rise at a CAGR of ~11.0% between 2021 and 2031
  • The U.S. has emerged as a highly lucrative market, accounting for nearly 95% of the North America market
  • The U.K. is projected to register 11.8% Y-o-Y growth in 2021, performing exceedingly well within the Europe market
  • Germany and France will continue exhibiting high demand for online clothing rental
  • Within East Asia, the demand for China and South Korea is expected to be higher than Japan

COVID-19 Causing Disruptions in Online Clothing Rental

Online garment rental was slated for sustainability before the COVID-19, but the pandemic has created substantial delays as occasions like weddings, social gatherings, and other festivities had to be postponed due to the implementation of lockdown in numerous countries around the world.

Rental demand fell, according to businesses like Rotaro, Rent the Runway, and others. Since the majority of online garment rental businesses depend on events, the pandemic period saw a significant impact on the industry when there were no events and few people going out.

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Who is winning?

Rent the Runway, Rotaro, GlamCorner Pty Ltd., Gwynnie Bee Company, Mine for Nine LLC, Dress Hire AU, ThreadTread, Nuuly, Rent The Front Row LLC, Dress & Go Company, Chic by Choice Company, Style Lend Company, Rent It Bae Company, Mr. & Ms. Collection, The Secret Wardrope, Banana Republic LLC, Le Tote Company, and Lending Luxury are some of the major players in the online clothing rental

  • In September 2020, to meet the changing preference/needs of today’s shoppers Rent the Runway implements new clothing subscription model plans which include dry cleaning and rental coverage, free shipping and returns, and members-only discounts. Further, the company is also using sustainable strategies to improve the environment by using recyclable garment bags.
  • In 2019, the Gap Inc. owned company Banana Republic LLC had partnered with CaaStle and launched ‘style passport’ an online rental subscription for women. This would help the company to connect with millennials and Gen Zs who would to experience fashion in a sustainable manner.
Online Clothing Rental Market by CategoryProduct Type

  • Knitwear
  • Trousers & Jeans
  • Jumpsuits
  • Suits & Blazers
  • Coats & Jackets
  • Skirt & Shorts
  • Ethnic Wear

Business Model

  • Standalone Model
  • Subscription Model

End-User

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
  • Consumer-to-Consumer (C2C)

Consumer Orientation

  • Men
  • Women
  • Kids

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)
  • Oceania
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Get Valuable Insights into Online Clothing Rental Market

Future Industry Insights’ latest product, which presents historical demand data (from 2016 to 2020) and projected information for the years 2021 to 2031, offers an unbiased analysis of the global online clothing rental market. The study provides compelling insights on the online clothing rental market based on end-user (business-to-business, business-to-consumer, and consumer-to-consumer, or B2B), product type (knitwear, trousers & jeans, jumpsuits, suits & blazers, coats & jackets, skirts & shorts, and ethnic wear), business model (standalone model, and subscription model), end-user (business-to-business, B2

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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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Wrinkle Release Spray Market Aims to Expand at Double-Digit Growth Rate | Procter & Gamble Co., Kao Corporation, Unilever PLC, Faultless, Grandma’s Secret Products, Cold Iron,

Through 2030, the global market for wrinkle release spray will grow at a CAGR of more than 5.0 percent. The wrinkle release spray market will increase, says Future Market Insights (FMI), despite a slow growth year in 2020. This is because customers are looking for ways to make their daily duties easier. The FMI study provides a clear analysis of how growth will proceed by tracking the wrinkle release spray industry in more than 20 countries.

The analysis shows that the market growth for wrinkle release spray is also hampered by the slowdown brought on by the COVID-19 outbreak. Today, a variety of retail products are offered to improve the convenience of consumers’ lifestyles. Wrinkle release sprays have established their market presence in the vast variety of retail goods and have grown into a popular item. Chemicals designed to erase wrinkles from fabrics are packaged in sprayable bottles as wrinkle release sprays.

Wrinkle release sprays have transitioned from a specialty product to a general product category in supermarkets and hypermarkets over the past five years. Due to lack of understanding, they haven’t yet been widely sold to customers. Nevertheless, these goods are becoming more popular with businesses that offer expert fabric care services. According to FMI’s forecast, supermarkets and hypermarkets would sell approximately 20% of the wrinkle-release sprays in 2021.

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Key Takeaways from the Wrinkle Release Spray Market Study

According to FMI, the market for wrinkle release spray will reach US$1.08 billion by 2030. The U.S. will become a significant market, accounting for more than 88 percent of the wrinkle release sprays market in North America because to its constantly high demand. In 2021, the U.K. will continue to experience strong demand, achieving a 3 percent Y-o-Y rise. Other significant European markets for wrinkle releasing sprays will include Germany and France. The demand from China and South Korea is anticipated to stay quite high in East Asia. “Up-and-coming companies and producers of fabric care products are concentrating on creating appealing brand campaigns. Additionally, some of the top market players are thinking about expanding their online presence to increase their global reach, according to an FMI analyst.

Who is winning?

P&G, Kao Corporation, Grove Collaborative, Faultless, Unilever, MiiSTS, Downy, Dryel, Bon Ami, Spray & Forget, The Laundress, Magic, Soak Wash, Fox Valley Traders, Quidsi, Grandma’s Secret, Ecokindness, Bayes Cleaners, Follure Clothing, and Woolite are a few of the major companies in this market.

The players are investing much in marketing initiatives to draw in customers. To obtain a competitive edge, they are also concentrating on product creation. Some of them are forming strategic alliances to increase their reach and portfolio.

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Wrinkle Release Spray Market by CategoryProduct Type

  • Scented Wrinkle Spray
  • Unscented Wrinkle Spray

Nature

  • Natural
  • Conventional

Price Range

  • Mass (US$0 – US$ 200)
  • Premium (US$ 200 and Above)

Sales Channel

  • Wholesalers/Distributors
  • Hypermarkets/Supermarkets
  • Multi-Brand Stores
  • Exclusive Stores/ Franchise Outlets
  • Departmental Stores
  • Independent Small Stores
  • Online Retailers
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)
  • Oceania

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Get Valuable Insights into Wrinkle Release Spray Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global wrinkle release spray market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the wrinkle release spray market based on the product type (scented wrinkle spray and unscented wrinkle spray), nature (natural and conventional), price range {Mass (US$0 – US$ 200), Premium (US$ 200 and Above)}, market channel (wholesalers/distributors, hypermarkets/supermarkets, multi-brand stores, exclusive stores/ franchise outlets, departmental stores, independent small stores, online retailers, others) across seven major regions.

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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: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/wrinkle-release-spray-market
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Pet Dietary Supplements Market- Size & Share Analysis with Key Insights, SWOT Analysis, Top Key Players and Industry Forecasts 2022-2030

The market for pet dietary supplements is expected to rise significantly, according to a recent analysis by Future Market Insights (FMI). The market will be valued at US$ 3.78 Bn by 2021, the survey predicts. Pet owners are increasingly treating their animals as equals and trying to give them the greatest diet possible for their health in a movement known as “pet humanization.” with the rise in popularity of pet ownership. The need for pet dietary supplements has been fueled by pet parenting, often known as pet humanization. The increased frequency of the introduction of novel formulations into the market mirrors this tendency. Pet Food Processing reports that 45 new dietary supplements for animals were introduced in 2020.

The market for pet dietary supplements is driven by the owners’ affection for their animals, in addition to the fact that supplements guarantee the pets’ correct nutrition, which store-bought pet diets may lack. Additionally, millennial pet owners are interested in dietary supplements for animals.

Millennials, who make up the majority of pet owners, also believe that animals should be treated just like young children, which is why there is a demand for pet nutritional supplements. Pet vitamins that are natural and organic are getting more and more popular. Supplements for pets are being made with herbs and superfoods, which will help the market growth overall.

Pet Dietary Supplements Market

Probiotic Supplements to Be Highly Sought-after

Probiotic pills are utilised for dogs, just as they are for humans, to promote regularity and intestinal health. Probiotic dietary supplements make it easier for the digestive system’s beneficial bacteria to be regulated and break down dog food so that nutrients may be collected more effectively. The growth of dangerous bacteria, such as E. coli, which can infect humans and pets, can also be slowed down by probiotic supplements.

Pet obesity is becoming a bigger health concern, which is motivating more veterinarians to start weight-loss clinics. 59 percent of cats and 54 percent of dogs in the United States were overweight or obese in 2016, according to the Association for Pet Obesity Prevention, and this problem has grown over the past few years. weight control

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Key Takeaways from the Pet Dietary Supplements Market Study

FMI in its latest study has forecast the pet dietary supplements market to rise at a CAGR of 7.1% between 2020 and 2030The U.S. will continue exhibiting strong demand and account for nearly 88% of the North America marketThe demand from the U.K. will remain steady as FMI projects it to exhibit 3.8% Y-o-Y growth in 2021Increasing pet ownership will support growth in Germany and FranceJapan and South Korea will emerge as key markets in East Asia”Consumers’ awareness regarding pet health is rising, which in turn is increasing the demand for pet dietary supplements. Moreover, increasing focus of companies on advertisement and promotion of pet dietary supplements is positively aiding expansion of the market,” said an FMI analyst.

Disruptions Caused Due to COVID-19 Impacting Sales

The current pandemic outbreak has posed numerous challenges on the part of supply side and demand side. The temporary regulation imposed by regional governments to restrict the movement has impacted supply chains drastically. Besides this, the spectacular shift from discretionary spending to essential goods has further negatively impacted the market growth.

E-Commerce is redefining the commercial activities around the world. In fact, the Covid-19 pandemic and lockdown effects have tipped the involvement of e-Commerce within all industries. The segment of population not prevalent with internet retailing has also adopted it, it being the only resort. There is a lot of opportunity for companies and online services to work together to offer greater engagement to consumers.

Who is winning?

A few of the key players in the pet dietary supplements market are Nestle SA, Mars Incorporated, NOW Foods, Blue Buffalo Co Ltd., Ark Naturals, Virbac, Novotech Nutraceuticals, Inc., Zoetis, PetAG, Inc., VetClassics and GNC, among others.

Companies operating in the market are increasingly investing in product development with an aim to gain a competitive advantage over other players operating in the market.

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Pet Dietary Supplements Market by CategoryProduct Type

  • Glucosamine
  • Probiotics
  • Multivitamins
  • Omega-3 fatty acids
  • Others

Application

  • Joint Health
  • Digestive Health
  • Weight Management
  • Skin and Coat Health
  • Dental Care
  • Others

Form

  • Capsules
  • Tablets
  • Powder
  • Others

Form

  • Dog
  • Cat
  • Horse
  • Others

Sales Channel

  • Wholesalers & Distributors
  • Modern Trade
  • Convenience Stores
  • Multi-brand Stores
  • Pet Specialty Stores
  • Online Retailing

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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Get Valuable Insights into Pet Dietary Supplements Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global pet dietary supplements market, presenting historical demand data (2015-2030) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the pet dietary supplements market based on the product type (glucosamine, multivitamins, probiotics, omega-3 fatty acids and others), purpose (joint health, digestive health, weight management, skin and coat health, dental care and others), form (capsules, tablets, powder, others), pet type (dog, cat, horse, and others), sales channel (wholesalers & retailers, modern trade, convenience stores, multi-brand stores, pet specialty stores, and online retailing), across seven major regions.

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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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Cat Furniture and Scratchers Market Trends and Top Growth Companies, key insights into business scenarios by 2030

Despite a brief downturn in 2020, the global market for cat furniture and scratchers is predicted to expand at a robust CAGR of over 6.8% from 2020 to 2030, according to Future Market Insights, an ESOMAR-certified market research company (FMI). The research report examines the market for cat scratchers and furniture in more than 20 countries and provides a clear analysis of how the growth trend will develop.

Many industry stakeholders’ perceptions have altered in recent years as a result of the growing concept of sustainability. Today, several players involved in the production of cat furniture and scratchers have sustainability high on their priority list. Additionally, growing consumer interest in ecologically friendly goods has been influenced by rising environmental consciousness. The market’s players are currently concentrating on producing scratchers utilising 100% recyclable cardboard in light of the current trend. Scratching posts covered in sisal are another well-known green product that is widely available on the market.

Sisal, cotton, jute, bamboo, and other materials are frequently used as product coverings. These environmentally friendly items are heavily marketed as non-toxic, green, and appropriate for use with cats. In addition, it is anticipated that such initiatives on the part of businesses to market-promote eco-friendly products will transform the sector in the years to come. Wood continues to be the preferred material for cat scratchers and furnishings right now.

Key Takeaways from the Cat Furniture and Scratchers Market Study

  • FMI in its latest study has forecast the market to rise at a CAGR of 6.8% between 2020 and 2030
  • The U.S. will remain a key market, accounting for over 71% of market in North America
  • Increasing cat adoption will enable the U.K. market to register 1.6% Y-o-Y growth in 2021
  • Market in Germany and France are poised to surge in the near-term assessment period
  • While Japan and South Korea will emerge as highly lucrative markets, China will continue dominating market in East Asia

“Direct-to-Consumer (DTC) market channel is gaining significant popularity in the market. Market players are aggressively improving their presence on digital and other social media platforms to further promote their brand directly to the potential consumers,” says an FMI analyst.

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Cat Furniture and Scratchers Market

Impact of COVID-19 on the Market

Brick and mortar retailers still make up a large portion of the market. Even now, the traditional nations like India, Vietnam, etc. prefer to purchase their necessities from physical businesses. The temporary store closures brought on by the lockdowns prevented physical businesses from successfully expanding the market for cat scratchers and furniture. In addition, a specific movement in consumer spending at this time from discretionary purchases to purchases of just necessities has had an impact on the market.

Who is winning?

Inter IKEA Systems B.V., American Company, Tuft + Paw, Ware Manufacturing Inc., CatsPlay Furniture, Paw Friendly Cat Furniture LLC, Go Pet Club, LLC, Catastrophic Creations, Mid-West Homes for Pets, Profeline Cat Supplies, North American Pet Products, PetPals Group, Inc., PlayTime Workshop, Inc., Preveu Pet Products, and others are some of the major players in the cat furniture and scratchers market.

Currently in the market, manufacturers emphasise the importance of innovative design. In addition to this, the manufacturers work with clients to provide specialised solutions. In terms of design, style, material, covering pattern, etc., customisation is carried out.

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Cat Furniture and Scratchers Market by Category

Product Type

  • Cat Trees and Condos
  • Shelves And Perches
  • Scratching Posts
  • Cat Steps and Cat Beds

Material Type

  • Wood
  • Metal
  • Plastic
  • Others

Price Range

  • US$10 – US$25
  • US$25 – US$40
  • US$40 – US$55
  • US$ 55 & Above

Sales Channel

  • Independent Small Stores
  • Wholesalers/Distributors
  • Specialty Stores
  • Online Retailers
  • Other Sales Channel

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)
  • Oceania

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Get Valuable Insights into Cat Furniture and Scratchers Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global cat furniture and scratchers market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the cat furniture and scratchers market based on the product type (cat trees and condos, shelves and perches, scratching posts, cat steps and cat beds), material type (wood, metal, plastic, others), and price range (US$10-US$25, US$25-US$40, US$40-US$55, and US$55 & above), market channel (independent small stores, wholesalers/distributors, specialty stores, online retailers, and other market channel) across seven major regions.

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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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Organic Cosmetics Market- Size & Share Analysis with Key Insights, SWOT Analysis, Top Key Players and Industry Forecasts 2022-2031

As demand for organic cosmetics rises, even the most renowned firms are being forced to diversify their product offerings. According to a recent analysis by Future Market Insights (FMI), the desire for clean label certifications, such as non-GMO, vegan, cruelty-free, and others, within the cosmetics industry will drive the market for organic cosmetics. According to FMI, it will total US$ 187.4 Mn by 2021.

Natural claims have, apart from being important product purchase drivers when combined with product efficacy claims and brand identity, triggered the sustainability quotient. Consumers also have begun demanding full transparency from cosmetic companies with regards to their sourcing methods, product, ingredients and sustainability practices. The pressure on cosmetics brands and manufacturers to demonstrate their social and environmental credentials is increasing; so more of them are finding ways to transform their own brands through sustainability-focused products, services and consumer experiences.

The packaging trend within the personal care industry have restructured into more safe, natural formulas and practical packaging. Increasingly natural solutions within the product arena has showed positive response, and following the trend natural solutions are being implemented in the product packaging as well. Apart from making immediate connection with lucrative packaging design, inculcating natural solutions is a marketing strategy by the companies.

organic cosmetics sector key countries and product type mekko chart

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Key Takeaways from the Organic Cosmetics Market Study

  • FMI in its latest study has forecast the market to rise at a CAGR of 5.0% between 2021 and 2031
  • The U.S. will emerge as a key market, accounting for nearly 80% of organic cosmetics market in North America
  • Growth in the U.K. will remain moderate. FMI forecasts the market to record nearly 1.9% Y-o-Y growth in 2021
  • While Germany and France too will continue exhibiting demand for organic cosmetics, Italy is expected to emerge as a lucrative pocket in Europe
  • Japan, China, and South Korea will emerge as key markets for organic cosmetics in East Asia. Of these, Japan is likely to dominate

Impact of COVID-19 & 2020 Market Analysis

The current pandemic outbreak has imposed numerous challenges on the part of supply side and demand side. The temporary regulation imposed by regional governments to restrict the movement has impacted supply chains drastically. Besides this, the specular shift from discretionary spending to essential goods has further negatively impacted the market growth. E-Commerce is redefining the commercial activities around the world. In fact, the Covid-19 pandemic and lockdown effects have tipped the involvement of e-Commerce within all industries. The segment of population not prevalent with internet retailing has also adopted it, it being the only resort. There is a lot of opportunity for companies and online services to work together to offer greater engagement to consumers.

Who is winning?

Few key players in the organic cosmetics market are Estee Lauder, L’Oréal Group, WELEDA Inc., Groupe L’ OCCITANE, KORRES Group. The Clorox Company, The Honest company, Himalaya Drug Company, Babylist Inc., Avalon Orgaics, KORA Organics, among others.

Market players are aggressively investing to encourage and promote product development with an aim to gain a competitive advantage over other players operating in the market. Innovative product portfolio establishment and expansion of portfolio is the most adopted strategy by the leading players. Innovation is that tool, which helps in luring and convincing consumers to invest in certain product category. It helps in differentiating one product from other by highlighting its USP, which generally differs from one brand to another.

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Organic Cosmetics Market by Category

Product Type

  • Skin Care
    • Creams & Lotions
    • Serums
    • Face Packs/ Masks
    • Cleanser
    • Others
  • Hair Care
    • Shampoo
    • Conditioner
    • Hair Oil
    • Hair Dye
    • Others
  • Makeup
    • Facial Products
    • Eye Products
    • Lip Products
    • Nail Products
  • Body Care
    • Soaps
    • Shower Gels
    • Cream
    • Oils
  • Fragrance

End User

  • Men
  • Women
  • Unisex
  • Baby

Sales Channel

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Direct Selling
  • Departmental Stores
  • Online Retailing
  • Other Sales Channel

Price Range

  • Economy
  • Mid-range
  • Premium

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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Get Valuable Insights into Organic Cosmetics Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global Organic cosmetics market, presenting historical demand data (2016-2031) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the organic cosmetics market based on the product type (skin care, hair care, makeup, body care and fragrance), end user (men, women, baby and unisex), sales channel (hypermarkets/supermarkets, convenience stores, specialty stores, direct selling, departmental stores, online retailing, and other sales channel), price range (economy, mid-range, premium), across seven major regions.

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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: 

Future Market Insights Inc.
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T: +1-845-579-5705
Report:  https://www.futuremarketinsights.com/reports/organic-cosmetics-market
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Internet of Things (IoT) Security Product Market is further estimated to reach nearly US$ 50,000 Mn by 2027-end

In its recent research, Future Market Insights (FMI) projects the global IoT security product market to register a staggering expansion at 14.9% CAGR through 2027. In 2017, the market will account for revenues worth US$ 12,007.9 Mn, and it is further estimated to reach nearly US$ 50,000 Mn by 2027-end. This growth is primarily attributed to continuous launches of IoT security offerings by enterprises, soaring number of service providers, and emergence of niche players in the market.

Increasing adoption of digital technologies including web-based services, online education, and online banking has accelerated adoption of smartphone among individuals, which in turn has necessitated security of such technologies against cyber-attacks. Various governments across the globe have imposed stringent laws, in order to ensure secure environment and maintain privacy for connected devices.

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North America will Remain Dominant in the Global IoT Security Product Market

North America will remain dominant in the global IoT security product market, with sales estimated to reach nearly US$ 16,000 Mn in revenues by 2027-end. Government organisations of various North American countries have entered into partnership with major technology companies in order to implement IoT across urban cities.

These organisations are also providing funds to technology vendors for development of IoT applications. In addition, increasing smart city projects in North America have led to a significant adoption of sensor applications. The aforementioned factors are anticipated to drive growth of IoT security product market in this region.

APEJ will Register Fastest Expansion in the Global IoT Security Products Market

Asia Pacific Excluding Japan (APEJ) will continue to be the fastest growing market for IoT security products, registering a high double-digit CAGR through 2027. Growing number of connected devices is leading towards expansion of IoT ecosystem in APEJ. This is further prompting the region’s leading companies for developing services and platforms, helping them in efficient management and analysis of real-time data streams gathered from multiple data sources.

With rapidly changing technologies, enterprises are faced with difficulties in deploying technology-specific networks, which in turn is expected to impede market growth in this APEJ. In addition, rapid adoption of IoT among enterprises has led to a surge in cyber-attacks, owing to increasing internet exposure to a number of devices.

Manufacturing to Remain the Largest Vertical for IoT Security Products

Manufacturing is estimated to remain the largest vertical for IoT security products in the global market. Revenues amassed from sales of IoT security products in manufacturing are expected to reach US$ 15,088.9 Mn by 2027-end. In addition, healthcare will be the fastest growing vertical in the global IoT security products market, followed by energy & utility, and transportation & logistics.

Although smart grid will remain sough-after among applications, home & building automation is expected to witness fastest expansion in the market through 2027. Revenues amassed from smart grid, and home & building automation applications of IoT security products will collectively account for revenues worth US$ 26,753.5 Mn by 2027-end.

Network security will remain preferred solution for IoT security products, with sales anticipated to account for nearly US$ 15,000 Mn by 2027-end. End-point/ device security will continue to be the second largest solution for IoT security products. In addition, vulnerability management solution for IoT security products will register fastest expansion through 2027.

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Internet of Things (IoT) Security Product Market: Segmentation

By Component

  • Hardware
  • Software

By Deployment Type

  • End-point or Device Security
  • Network Security
  • Identity and Access Management
  • Vulnerability Management
  • Messaging Security
  • Web Security
  • Others

By Application

  • Machine-to-Machine (M2M) Communication
  • Smart Grid
  • Home and Building Automation
  • Wearable Computing Devices
  • Vehicle-to-Vehicle (V2V) Communication

By Verticals

  • Consumer Goods and Retail
  • Manufacturing
  • Transportation and Logistics
  • Healthcare
  • Energy and Utility
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA

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Flooring and Carpets Market Trends and Top Growth Companies, key insights into business scenarios by 2031

Despite a period of slower growth in 2020, Future Market Insights, an ESOMAR-certified market research firm, predicts that global flooring and carpet sales would increase at a strong CAGR of over 5% through 2031. The study provides a clear analysis of how growth will develop by tracking flooring and carpet sales in more than 20 nations.

The study shows that because a large number of environmentally concerned consumers seek items that are in line with topics they care about, sustainability is now a priority rather than an afterthought. Unquestionably important to designers and architects, as well as to the clients they design for, is the concept of sustainability. Choosing flooring and carpet for further design suggests this because of the negligible trash they make after installation.

Due to its ease of installation and substantial degree of material and size customization, modular carpets and carpet tiles are currently becoming more and more common, especially for use in commercial spaces, hospitality, healthcare, and hospitals. Additionally, bitumen and PVC are widely used in the flooring and carpet backing of manufacturers of carpet and flooring around the world, which enables them to lower costs.

In addition, the use of chemical additives in fibre materials to impart flame retardant, anti-microbial, pest repellent, and other qualities has been introduced, along with plant fibres like sea grass and sisal, to appeal to eco-friendly consumers. Tufted, woven, and needle felt forms of carpet production technology are used, with tufted types being the most common.

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FMI in its latest study has forecast the market to rise at a CAGR of 5.1% between 2021 and 2031.

Key Takeaways from the Flooring and Carpet Market Study

  • Application in education, hospital and healthcare sectors will continue to create sustained opportunities for flooring and carpet industry manufacturers during the forecast period
  • Modern aesthetics, durability, and easy maintenance key influencing factors for consumers
  • Increasing tourism, planned world events such as Qatar FIFA World Cup 2022, ICC Cricket World Cup 2023, etc. are expected to fuel continuous revenue growth of hospitality and retail segments in Middle East and South Asia, thus in turn driving demand for flooring and carpets in the region.
  • Hospitality and retail segments typically witness stronger growth as compared to other applications due to demand based on a shorter lifecycle and more renovation.
  • Public, manufacturing, and industrial segment is expected to grow in terms of revenue, backed by robust foreign investment and government investment in infrastructure.
  • US holds the largest share in the global flooring and carpet market owing to rapidly expanding hospitality as well as retail business and commercial sector in the region.

Who is winning?Some of the key players operating in the flooring and carpet market are Mohawk Industries Inc., Interface Inc., Beaulieu International Group N.V., Tarkett S.A., Balta Group, Shaw Industries Group Inc., ALSORAYAI Group, Forbo Holding AG, Armstrong World Industries LLC, Gerflor Group, Oriental Weavers Group, Al Abdullatif Industrial Investment Company (AIIC), Polyflor Ltd., Brintons Carpets Limited, Milliken & Company Inc., and Betap Tufting B.V.

  • On October 2020, Interface Inc. launched its first carbon negative carpet tile styles “Embodied Beauty” with the idea of working in alignment with nature. This would help the company to be consistent in its mission of Climate Take Back to lower the carbon footprints of its products.
  • On 10 July 2020, Tarkett S.A. entered into a strategic partnership with Clean Hospitals with an objective to contribute in the improvement of hospital hygiene and to promote effective, and sustainable based cleaning guidelines. This collaboration would bring improvement in environmental hygiene which is expected to benefit the public health by lowering rates of healthcare-associated infections and reducing antimicrobial resistance.
  • On October 2020, in the 15th  Annual w3 Awards Shaw Industries Group Inc. received Gold and Silver honors, by the Academy of Interactive and Visual Arts.

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Key SegmentsFlooring Type

  • Carpets
    • Tufting
    • Woven
  • Rugs
    • Accent Rugs
    • Area Rugs
    • Other Rugs
  • Artificial Grass
  • Carpet Tiles
  • Vinyl Flooring
  • Laminate Parquet Flooring

Material Type

  • Polypropylene
  • Nylon
  • Polyester
  • Others

Application

  • Residential
  • Commercial Offices
  • Retail
  • Hospitality
  • Healthcare and Hospitals
  • Educational Institutes
  • Automotive
  • Industrial
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)
  • Oceania

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Get Valuable Insights into Flooring and Carpet Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global flooring and carpet market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the flooring and carpet market based on the flooring type (carpets, rugs, artificial grass, carpet tiles, vinyl flooring, and laminate parquet flooring), material type (polypropylene, nylon, polyester, and others), and application (residential, commercial offices, retail, hospitality, healthcare and hospitals, educational institutes, automotive, industrial, and others) across seven major regions.

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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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Sports and Athletic Insoles Market Is Estimated To Develop At A Substantial CAGR For The Duration Of The Prediction

According to a recent report by Future Market Insights (FMI), the sports and athletic insoles marketis expected to surpass a valuation of US$ 7,735.7 Mn in 2021 at a CAGR of over 7.0%.

Consumers’ inclination towards adopting a greener lifestyle has changed and revolutionized the sports & athletic insoles market. Apart from product related technical innovations, the players are now equally focused on establishing brand reputation in the eyes of environment sensitive consumers.

With an aim to keep up with the product related commitments that coincide with the strategy for ascertaining low environmental impact, the players are spending on eco-friendly materials for their production

These products also are promoted differently as compared to the traditional shoe insoles in the market. Eco-friendly, vegan, sustainable are few of the claims that have been used while promoting these inserts in the market.

Apart from this, many players have adopted a comparative strategy wherein the eco-friendly shoe insoles are compared to the traditional insoles on the basis of performance, durability and environmental impact in order to gain more attraction in the market. Adoption of such strategies by the players is projected to fuel market growth during the forecast period.

Key Takeaways from the Sports & Athletic Insoles Market Study

  • The sports & athletic insoles market is expanding at a rapid pace. Players are providing customised solutions considering the end user requirements.
  • In case of sales channel as the digital ecosystem is thriving the online retail sales are expected to register a significant growth in the coming years.
  • The U.S. will emerge as a highly lucrative market for sports & athletic insoles, accounting for nearly 70% of sales in North America in 2021.
  • Italy, France, and Spain are likely to emerge as highly lucrative markets for sales of athletic insoles within Europe.
  • Despite China’s dominance, the demand for sports and athletic insoles will increase at a higher pace in South Korea and Japan over the assessment period.

“The players currently operating in the in the sports & athletic insoles industry are incorporating special features and functions to offer greater water resistance, antimicrobial properties, improved moisture management, and lightweight design among others to woo consumers. Such strategies will help the players to gain a competitive advantage in the market,” says an FMI analyst.

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Impact of COVID-19 & 2020 Market Analysis

As the developed world is slowly exiting from the pandemic phase the virus continuous to take hold in the lower income countries. The pandemic outbreak had a significant impact on sales channel preferences and product demand in the past few months in the market.

The market did experience a slowdown due to demand and supply disruptions however the lockdown relaxing measures has now brought the market from slowdown to a reviving phase. The players are now undertaking efforts to adapt to the new reviving market phase.

Sports and Athletic Insoles Market

Who is winning?

Few key players in the sports & athletic insoles market are Aetrex Worldwide, Inc., Invent Medical Group, s.r.o. (8 Sole), Materialise Phits Insoles, AF Group, ALINE Systems, Inc., ARNEPLANT, S.L, Bauerfeind, Birkenstock USA, Currex GmbH, Diafarm Laboratories (Noene), Foot Science International, Footbalance System Ltd., Guangzhou Shunyang SM Co Ltd., Implus LLC, Ottobock Holding, Peacocks Medical Group, Reckitt Benckiser (Scholl), RSscan Lab Ltd., Sorbothane, Incorporated, SUPERFEET WORLDWIDE, Inc., Texon International Group Limited, Wiivv Wearables Inc., and Digitsole among others.

The players in the market are undertaking initiatives to widen their digital penetration. Besides this, they are highly focused on research and development with an aim to expand their offerings that could best match the dynamic needs of the users.

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Market by Category

By Base Material Type:

  • Polymer
  • Plastic
  • Rubber
  • Carbon Fiber
  • Silicone

By Size (U.S.) (% of Demand):

  • 4 – 5
  • 6 – 7
  • 8 – 9
  • 10 – 11
  • 12 – 13

By Consumer Orientation:

  • Men
  • Women
  • Kids

By Sales Channel:

  • Direct Sales
  • Indirect Sales
    • Hypermarkets/Supermarkets
    • Departmental Stores
    • Specialty Stores
    • Multi-brand Stores
    • Exclusive Stores/Franchised Stores
    • Online Retailers
    • Other Retail Channels

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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Get Valuable Insights into Sports & Athletic Insoles Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global sports & athletic insoles market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the sports & athletic insoles market based on the material type (polymer, plastic, rubber, carbon fibre, and silicone), size US (% of Demand) (4-5, 6-7, 8-9, 10-11, and 12-13), consumer orientation (men, women, and kids), and sales channel (direct and indirect) across seven major regions.

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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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Disinfection Equipment Market Revenue Growth To Be Driven By Increasing Demand Through 2022 And 2030: Future Market Insight

The global disinfection equipment market are likely to  grow at over 13% in 2021, with COVID-19 induced behavioral nudge likely to influence market.

In the previous ten years, a cascade of advances have bolstered disinfection equipment manufacturers’ sales prospects. Foam soaps, touchless bathrooms, and microfibers, among other previously unknown product categories, have appeared in facilities spanning industries, households, and commercial sectors.

The US Occupational Safety and Health Administration proposed rigorous ergonomics regulations for American workplaces in the 1990s, and numerous major manufacturers were concerned that their tools and equipment would not meet the new requirements.

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key takeaways:

  • Disinfection liquid market will reach a valuation of US$ 25.5 bn globally by the end of 2030, as growth continues at an accelerated pace
  • Demand from commercial sector is currently high, however, market of disinfection equipment are expected to soar at a higher pace in industrial sector over the forecast period
  • Online market channel will be more preferred in the near future in comparison to physical shops
  • East Asia will continue offering lucrative opportunities, backed by surging demand in South Korea, China, and Japan
  • UV disinfection will remain highly sought-after due to its application across diverse industries

“Disinfection equipment manufacturers are massively gaining amid the rising adoption of safety measures to contain the spread of novel coronavirus. While market will continue surging, market players are likely to focus on innovation to gain competitive edge. Several companies are already launching UV disinfection equipment to decontaminate smartphones, cash, masks, among others from germs,” said a lead analyst at FMI.

Production Surging Amid COVID-19

The production of disinfectant sprays and UV disinfection equipment is surging amid COVID-19. At a time when other markets are struggling to cope with drastic changes in consumer behavior, opportunities across disinfection equipment market have impelled some of the leading manufacturing companies to rethink their portfolios.

For instance, companies such as Signify Innovations India, earlier referred to as Philips Lighting India have ventured in disinfection space with the launch of UV-C based portable disinfection unit.

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While new strains of coronavirus are causing uproar in the global economy, soaring concerns regarding virus and germs are paving way for entry of startups in the disinfecting space. PhoneSoap, a company dedicated to making devices that clean phones using UV light, has recorded a 1000% surge in growth earlier this year, according co-founder and president of PhoneSoap Dan Barnes.

This figures are clearly indicative of increasing production of disinfection equipment, a trend which is likely to continue through the forecast period.

Who is Winning?

Disinfection equipment manufacturers are focusing on product launches to gain competitive advantage. For instance, ITC was prompt to launch zero contact “Savlon Disinfectant Spray” in April 2020 to tackle sanitization need around homes.

Garsite, which is a leading producer of aviation refueling has launched its line of disinfecting equipment that offers simple and no-touch application of chemicals to ensure efficient disinfectant distribution.

FMI profiles some of the leading market players. These include Trojan Technologies, Belimed AG, Getinge AB, Advanced Sterilization Products Services Inc, Xylem, Sotera Health, Shinva Medical Instrument, STERIS Corporation, Matachana, 3M Healthcare, Heraeus, BD, Cardinal Health Inc., and others.

Segments : 

Equipment Type:

  • Disinfection Sprayers
  • Electrostatic Sprayers
  • UV Disinfection

End Use:

  • Household
  • Commercial
  • Industrial

Distribution Channel:

  • Wholesalers/ Distributors
  • Online Retailers
  • Independent Small Stores
  • Other Sales Channels

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)
  • Oceania

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https://medium.com/@akshay.shinde.vu/opportunities-in-the-water-dispenser-market-leading-players-regions-applications-and-forecast-b1c234bc6d9c
https://medium.com/@akshay.shinde.vu/during-the-forecast-period-of-2022-2032-the-industrial-workwear-market-is-anticipated-to-reach-us-6a87db556207
https://medium.com/@akshay.shinde.vu/market-forecast-for-household-care-wipes-covering-new-business-strategy-and-upcoming-opportunity-f832081ae94c
https://www.patreon.com/user?u=71891887

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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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