Market Research Blog

The portable air conditioner market is likely to hold a valuation of USD 1,589.4 million by 2033. As of 2023, the market value is USD 1,171.6 million. As the average global temperature rises, the portable air conditioner market is expected to grow by 3.1% from 2023 to 2033.

According to an ongoing temperature analysis led by scientists at NASA’s Goddard Institute for Space Studies (GISS), the average global temperature on Earth has increased by at least 1.1° Celsius per decade since 1975. This has led to a surge in demand for personalized cooling appliances in areas along the coastlines and near the equator in recent years. These countries have also experienced heat waves that last up to six months, thus making portable air conditioners a necessary home appliance.

The presence of densely packed settlements, enclosed apartment spaces, and little to no vegetation has further amplified the effects of global warming in urban areas. Portable air conditioners are suitable for spaces like this as they save space and effectively cool small apartments and rooms. A lot of young professionals and city dwellers also prefer portable air conditioners because they are more cost-effective than traditional cooling solutions like central ACs and evaporators.

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Historically, the portable air conditioner market has been experiencing steady growth in recent years. The pandemic meant more people staying and working from their homes, which resulted in the rise of portable air conditioner sales. The market from 2017 to 2022 grew at a growth rate of 2.9% CAGR, generating a global revenue of US$ 1139.3 million in 2022.

The Asia Pacific region is the most affected by changing climatic conditions due to its proximity to the equator. The region has the most diverse topography, which includes deserts and arid regions in China, India, and Australia. Summer monsoons and prolonged heat waves are the main reasons for the market expansion of portable air conditioners in recent years.

Key Takeaways from the Portable Air Conditioner Market

• China may record a substantial share of 26.0% in the global portable air conditioner market, followed by the United States, Japan, and India.
• The Asia Pacific region showcases a 43.6% share of the global portable air conditioner market.
• Portable air conditioners find applications primarily for residential purposes. By end use, the residential segment dominates the market, holding a share of 82.6%.
• Portable air conditioners with a capacity of 16,000 to 20,000 BTUs are the most preferred choice of homeowners, with a global market share of 19%.
• With ongoing technological innovations, there is an influx of market opportunities for smart home appliances to integrate with portable air conditioners.

Competitive Landscape:

Continuous investments in technology for winter and summer air coolers that can be economical and easily transportable are fueling the market. Personalized air conditioners with low manufacturing and maintenance costs are gaining traction in the coastal regions.

In this industry, several market layers use methods to evaluate energy performance with HPHX devices for different climate zones.

Key Companies in the Portable Air Conditioner Market

• LG Electronics
• Haier Group
• Danby Appliances
• Honeywell International
• De’Longhi
• Whynter
• Frigidaire (Electrolux)
• Black+Decker
• EdgeStar
• Soleus Air

Recent Developments in the Portable Air Conditioner Market

• Sensibo’s primary product, called ‘Sensibo Air, is a device designed to enhance traditional air conditioning systems by transforming them into smart systems. This is achieved by gathering extensive data, understanding user preferences, and identifying energy-saving possibilities.
• In June 2023, British Columbia, a province in Canada, allocated US$ 10 million to BC Hydro, a publicly owned utility company. This funding aimed to distribute portable air conditioners to communities that face the threat of severe heat waves.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The facial tissue paper market is expected to register a CAGR of 4.8% from 2023 to 2033, to reach an estimated market size of USD 3.2 billion in 2023 to USD 5.1 billion by 2033.

150 years ago, the commercialization of tissue papers began in the United States as a component of toiletries, originally as toilet paper. The application of tissue paper gradually expanded to include facial tissue paper. Kimberly Clark Corporation’s release of facial tissue papers under the Kleenex brand was one of the important developments in this industry. The purpose of this launch was to advocate using facial tissues instead of cotton wipes to remove facial moisturizers.

Facial tissue papers were developed and introduced by different firms to replace throwaway hankies. While several companies joined the facial tissue paper market, including Puffs, Angel Soft, and Scotties, Kleenex stayed a common term for facial tissues for a considerable amount of time.

The market is largely driven by rising disposable income and a more affluent global population. The growing consumer emphasis on hygiene is another key aspect influencing the market. Carrying cotton handkerchiefs could not be convenient since there is a greater occurrence of allergies, colds, and coughs. The facial tissue paper market is also being driven by these reasons.

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The market is currently fragmented, with several players present. Manufacturers have prioritized product development in areas including pattern, color, texture, fragrance, and finish throughout the years to increase market share. Further improvements were made to the product, particularly to the packaging. Paper pulp from both virgin and recycled sources is used to make facial tissue papers.

By comprehending the religious and cultural standards and concentrating on those particular clients in developing nations, the current manufacturers could take advantage of market expansion opportunities in these nations. Innovative packaging that takes into account the aesthetics and forms of the design aspects of packaging is another opportunity for industry leaders to hold onto their market share.

Customers in developing nations prefer to use expensive, very absorbent facial tissue papers. Unbleached and entirely recyclable facial tissue papers are another popular item on the market. Manufacturers of facial tissue papers are developing tissues with packaging made without plastic. To increase in-store retail exposure and distinction, these packs are positioned on retail shelves close to the point of sale (POS).

The facial tissue paper market is dominated by Asia Pacific. Over the forecast period, the region is expected to maintain its predominance. This is a result of the increasing usage of tissue papers of various types for domestic and professional reasons. The two main determinants of market expansion in this region are increasing domestic consumption of products that support hygiene maintenance and expanding awareness of the advantages of maintaining good hygiene.

Key Takeaways

• The market in the United States is projected to reach a value of US$ 5.05 billion in 2023, exhibiting a CAGR of 4.7%.
• The facial tissue paper market in the United Kingdom is predicted to expand at a 2.5% CAGR to reach US$1.04 million in 2023.
• The market in Germany is projected to reach US$ 2.05 billion by 2033, registering a CAGR of 3.6%.
• In 2023, the market in Japan is anticipated to be worth US$ 1.7 billion.
• Over the forecast period, it is expected that the China facial tissue paper market could develop at a CAGR of 6.9%.

Competitive Landscape

The top manufacturers of the facial tissue paper market are Procter & Gamble, Kimberly-Clark Corporation, Georgia-Pacific LLC, CMPCTissue, Metsa Tissue, Cascades Inc., Asia Pulp & Paper, Svenska Cellulosa Aktiebolaget SCA, Hengan International, Sofidel Group, C&S Paper Co. Ltd, Wepa Group, Vinda International Holdings Limited, Fujian Hengan Group Ltd, and Kruger Products L.P.

Manufacturers in the facial tissue paper industry are always coming up with new products to satisfy customer demand for softer, stronger, and more environmentally friendly goods. To enhance product performance and lessen their impact on the environment, they are investing in innovative materials and production techniques. The product portfolios of many companies are also being expanded to offer specialist tissues for functions including cold and flu treatment, makeup removal, and sensitive skin.

RECENT DEVELOPMENTS

• With the introduction of unbleached, 100% recycled beige facial tissue, Cascades Tissue Group announced another “First”. With the elimination of chemical whitening and a 25% reduction in environmental effects, Cascades® MokaTM facial tissue expanded the company’s portfolio of environmentally friendly, single-use paper products.
• Vinda made press history by hosting the first-ever hygiene company news conference in support of its Superbrand Day campaign with JD.com and revolutionary tissue paper technology. More than 200 representatives from Vinda, JD.com, and the tissue and technical industries attended the event.

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Key Segment

On the basis of Product Type:

• regular
• anti-viral
• recyclable Facial Tissue Papers

On the basis of Packaging Type:

• box packaging
• pocket packaging
• On the basis of Use-case:
• residential
• commercial sub-segments

On the basis of the Distribution Channel:

• wholesalers/distributors, hypermarkets/supermarkets
• drug stores
• independent small stores
• online stores
• others

On the basis of Region:

• North America
• Latin America
• Europe
• Middle east and Africa
• East Asia
• South Asia
• Oceania

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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In 2023, the valuation of the portable dishwasher market is USD 1,247.1 million, compared to USD 1,180.1 million in 2022. The market is predicted to grow at a modest CAGR of 4.5% over the forecast period from 2023 to 2033, reaching a forecasted size of USD 1,936.7 million by 2033

The increasing consumer preference for compact devices is poised to fuel the market demand for portable dishwashers. Many consumers are shifting away from traditional kitchen appliances in favor of home appliances that alleviate their burdens, save electricity, and require less time to operate. Portable dishwashers are gaining popularity as they offer greater flexibility compared to built-in dishwashers, being mobile. Therefore, the market for portable dishwashers is anticipated to grow at a moderate pace during the forecast period.

Portable dishwashers are taking over from built-in dishwashers in many households. Unlike built-in dishwashers, portable dishwashers can be moved to other places in the house, taking up less space. Portable dishwashers can even be taken out of the house for trips. For houses where the requirements are small, like with nuclear families, portable dishwashers are seen as the ideal option.

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However, the price of portable dishwashers is a hurdle. Many people consider portable dishwashers to be a luxury due to the high prices associated with them. Due to the cost problem, portable dishwashers are struggling to reach consumers outside of the traditional bases of North America and Europe. Companies in the portable dishwasher market are relying on marketing strategies to help educate reluctant consumers on the benefits of portable dishwashers.

 Key Takeaways from the Portable Dishwasher Market Report:

• The portable dishwasher market is forecasted to reach a valuation of US$ 1,936.7 million by 2033.
• Portable dishwashers with 5-10 settings are enough for most consumers. 5-10 settings dishwashers are projected to lead the market by capacity with a 5% share.
• Portable dishwashers’ application is mostly common in the residential segment. Residential application is expected to account for 9% of the market share in 2023.
• The United States continues to be fertile ground for the portable dishwasher market. In 2023, the United States for a 30% share of the market.
• Germany is another country where sales of portable dishwashers are strengthening. In 2023, Germany holds a share of 1% of the market.
• Other European countries with a big consumer base for portable dishwashers are the United Kingdom and France. The United Kingdom and France account for 9.7% and 0% of the market share respectively in 2023.

Competition Analysis of the Portable Dishwasher Market

Sellers in the portable dishwasher market are looking to expand their business into new territories. New product launches are also fairly common in the portable dishwasher market.

Key Companies in the Portable Dishwasher Market

• Electrolux AB
• Samsung Electronics Co., Ltd
• Robert Bosch GmbH
• LG appliance
• Sunpentown International Inc.
• Danby Products Inc.
• Whirlpool Corporation
• Haier America Company LLC
• BPL Ltd.
• Glen Dimplex Home Appliances Ltd
• Heatworks
• Crosslee PLC

Recent Developments in the Portable Dishwasher market

• In March 2023, Shabosh entered the portable dishwasher market. The company’s portable dishwasher boasts abilities like being able to clean dishes in as less as 40 seconds and not requiring plumbing to work.
• In June 2022, Ecozy introduced the Ecozy Mini Dishwasher into the market. The selling point of the dishwasher is the ease with which it can be moved.
• Elista is working on introducing affordable portable dishwashers in India. The Indian company already has expertise in dishwashers and is now concentrating on providing affordable options to Indian consumers.

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Key Segments

By Capacity:

• 5-10 Place Settings
• 10-15 Place Settings
• Above 15

By Application:

• Residential
• Commercial

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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According to FMI forecasts, the global market for shoe inserts is expected to see a substantial rise, climbing from USD 42.38 billion in 2023 to USD 71.68 billion by 2033. This growth is attributed to increasing instances of conditions like arthritis, foot misalignment, and discomfort experienced during sports activities. As a result, the demand for shoe inserts is anticipated to remain consistently profitable, with an estimated Compound Annual Growth Rate (CAGR) of 5.4% by 2033.

This market growth is primarily as a result of increased consumer awareness concerning the therapeutic benefits that come with using shoe inserts. The market share has grown due to the rising frequency of foot and posture-related problems, along with an increase in demand for customized shoe insoles.

The inclination towards manufacturing shoe inserts from biodegradable and eco-friendly materials is likely to drive the market growth. The demand for shoe inserts is increasing because of new technologically advanced products, which provide support and comfort to the arch.

In addition, it is expected that the growing need for orthopedic shoe inserts especially among elderly people who have arthritis and pain joints may also contribute to market growth.

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However, it is anticipated that the market’s expansion is hampered by the high price of shoe inserts. Also, market expansion may be constrained by the availability of fake goods that don’t offer enough comfort and support. It is projected that the introduction of products made in order to meet specific needs opens up profitable market potential.

Key Takeaways

• In 2022, China grew significantly in the shoe insert market, with a share of 34.9%.
• The shoe insert market was significantly expanding, with a size of US$ 40.5 billion in 2022.
• There is a Y-o-Y growth of 5.6% between 2022 and 2023, which is driven by the popularity of 3D-printed shoe inserts.
• With a 69.8% share in 2022, the market in the United States showed signs of growth.
• In 2022, India grew steadily in the shoe insert market, with a share of 29.5%.
• In 2022, Japan grew significantly in the shoe insert sector, with a share of 32%.
• With a 19.9% market share in 2022, Germany had strong growth in the shoe insert sector.
• With a share of 44% in 2022, the orthotic insole category is predicted to dominate the market in terms of product type.
• Based on material type, rubber is likely to continue dominating the sector during the forecast period, with a share of 26%.

Key players

• Otto Bock SE & Co KGaA
• Diafarm Laboratories
• Texon International Group Limited
• Implus Footcare LLC
• Sorbothane Incorporated
• Aetrex Worldwide Inc.
• Peacocks Medical Group
• Arneplant S.L.
• Birkenstock Digital GmbH
• Atlantic Footcare Inc.
• Digitsole
• Aline Systems, Inc.
• Foot Science International
• Bauerfeind AG
• Guangzhou Shunyang SM Co Ltd.
• Currex GmbH

Key Strategies in the Industry

Key players including Superfeet, Otto Bock SE & Co KGaA, Diafarm Laboratories, Texon International Group Limited, and Implus Footcare LLC compete for market share in the highly competitive worldwide shoe inserts business.

To achieve a competitive edge, these businesses are concentrating on product innovation, strong marketing plans, and partnerships with footwear brands. Players are also forming strategic relationships with other businesses to broaden their product offerings.

Also, businesses are spending money on research and development initiatives to create new products and acquire a competitive edge. Players are also concentrating on expanding their presence through alliances, synergies, and acquisitions.

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Key segments

By Material Type:

• Polymer
• Plastic
• Rubber
• Carbon Fiber
• Silicon

By Product Type:

• Casual Insole
• Sports/Athletic Insole
• Orthotic Insole
• Safety Insole

By Size (US):

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

By Consumer Orientation:

• Men
• Women
• Kids

By Sales Channel:

• Direct
• Indirect
  • Hypermarkets/Supermarkets
  • Departmental Stores
  • Specialty Stores
  • Multi-brand Stores
  • Exclusive Stores/Franchise Stores
  • Online Retailers

By Region:

• North America
• Latin America
• Eastern Europe
• Western Europe
• Asia Pacific excluding China & Japan
• Japan
• China
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The LED light bar market is valued at US$ 1,034.8 million in 2023 and is anticipated to reach US$ 1,669.6 million by 2033, with a modest CAGR of 4.9% over the forecast period.

The global marketing of LED light bars is being driven by government regulations and initiatives in numerous countries. Government agencies incentivize producers and consumers to adopt energy-saving lighting options by offering tax breaks and subsidies.

LED light bars are the most energy-efficient choice for indoor and outdoor lighting. They are widely used in various industries, with the automotive industry being a prominent user. Due to their small size, extreme durability, and cost-effective energy consumption, LED light bars are extensively utilized in automotive applications. It is highly anticipated that the demand for LED light bars will increase alongside the expansion of the automotive industry, particularly in the electric vehicle sector.

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Apart from the automotive and construction sectors, the applications of LED light bars are spread across many industries and sectors, which include the mining industry, the marine industry, the movies and drama industry, and the horticulture industry. They are also used in famous tourism spots to produce creative lighting effects on monuments and buildings.

LED light bars are mostly preferred over other lighting options like halogen and incandescent lamps due to their high luminosity, durability, resistance to wind and extreme temperatures, and high long-term value. Though cheap, low-quality alternatives and high retrofitting costs can adversely affect the LED light bar market,

Key Takeaways from the LED Light Bar Market Report

• A single-rowed LED light bar dominates the global market with an overall revenue share of 53.3%.
• The United States is the largest consumer of LED light bars, with a total market share of 16.7%. It is followed by China, India, and the United Kingdom.
• Region-wise, Europe dominates the market, capturing a total revenue share of 18.9%.
• Flood-beamed LED light bars are widely used in outdoor as well as industrial lighting. They hold a global market share of 18.5%.
• There is a substantial influx of start-ups in the market with a focus on sustainability and environmental responsibility.                                                                                                  

Competition Analysis of the LED Light Bar Market

The market is competitive due to the presence of several key players and startups. Manufacturers are integrating LED light bars with AI and smart devices, which is expected to propel the demand for LED light bars over the forecast period.

Several startups are entering the LED light bar to create unique products. Companies are strongly emphasizing sustainability and environmental responsibility. They are adopting strategies to expand their customer base. They are also focusing on integrating LED light bars in industries like construction, agriculture, and outdoor recreation.

Recent Developments in the LED Light Bar Market

• In September 2023, Logitech, a renowned gaming company, introduced Litra Beam X LED, a lighting bar catered to the gaming and content creation communities. These light bars were specially designed to provide an RGB lighting experience to gamers.
• Nanoleaf, a Toronto-based company, launched a fresh line of LED light bars curated to sync with music in real-time. These smart LED light bars can be easily connected to smart home setups like Google Home and Amazon Alexa and have the capability to mimic the colors displayed on TV screens or monitors for cinematic surroundings.

Market Segmentation

By Configuration:

• Single row
• Double row
• Triple row
• Quad row

By Beam Pattern:

• Flood
• Spot
• Combo Lights

By Application:

• Events & shows
• Automotive
• Restaurants and bars
• Charter and boats

By Power Rating:

• Below 100W
• 101-200W
• 201-300W
• Above 300W

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to recently released data from Future Market Insights (FMI), the natural cosmetics market is poised to achieve a value of US$ 48.4 billion in 2023, with projections indicating a substantial increase to US$ 79.6 billion by 2033. Anticipated to grow at a Compound Annual Growth Rate (CAGR) of 5.1% from 2023 to 2033, this market expansion reflects the growing consumer preference for natural and organic beauty products. With an increasing focus on sustainability and wellness, the demand for natural cosmetics is expected to continue rising, presenting opportunities for innovation and growth within the industry.

Companies from the natural cosmetics market are seeking to increase their business and serve consumer demand by developing focusing on focused differentiating strategies.

However, the need for natural cosmetics will only increase as consumers continue to pay more attention towards their health and environment. Therefore, increased demand for organic and plant-based products as well greater availability of natural cosmetic on mainstream distribution channels will drive the demand in this market segment.

In 2021, Global Bioenergies introduced a naturally sourced isododecane cosmetic ingredient and it can now be used in the large formulations of skincare and haircare products.

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The future of the natural cosmetics market looks quite promising primarily due to the growing awareness of the harmful effects of synthetic ingredients. Consumers are becoming increasingly aware of potential health risks associated with synthetic ingredients usually found in cosmetics such as parabens, phthalates, and synthetic fragrances.

With personal care and beauty products gaining prominence over the past few years, concerns regarding the ingredients play an active role in the sales of cosmetic products which, in turn, augurs well for the natural cosmetics market. Prevailing environmental consciousness also has a positive impact on the market growth of natural cosmetics. This is because many consumers are seeking products that are sustainably produced and have less of an impact on the environment.

During the forecast period, the natural cosmetics market will be driven by the increasing availability and accessibility of natural cosmetic products. With the continuous growth of the market, many companies are entering the market and making natural cosmetic products more widely available to consumers. The availability of these products in mainstream retail also augurs well for overall market growth.

Business Growth Drivers:

1. Increasing Consumer Awareness: Growing awareness about the harmful effects of synthetic chemicals in traditional cosmetics has led consumers to seek safer and more natural alternatives.
2. Health and Wellness Trends: A rising focus on health and wellness has prompted consumers to prioritize products made with natural and organic ingredients, believing them to be safer and better for their skin.
3. Demand for Sustainable and Ethical Products: Consumers are increasingly concerned about sustainability and ethical practices in product manufacturing. Natural cosmetics often align with these values, utilizing eco-friendly ingredients and sustainable production methods.
4. Social Media and Influencer Marketing: Influencers and social media platforms play a significant role in promoting natural cosmetics, driving consumer interest and adoption through product reviews, tutorials, and endorsements.
5. Product Innovation and R&D: Continued innovation in natural ingredients and formulations, along with advancements in research and development, have led to the creation of high-performance natural cosmetics that rival their synthetic counterparts.
6. Regulatory Support: Regulatory agencies in various regions have implemented stricter guidelines and regulations regarding the use of chemicals in cosmetics, which has further boosted the demand for natural alternatives.

In addition, advancements in technology and formulations also aid the expansion of the natural cosmetics market size. The natural cosmetics industry is constantly innovating and developing new formulations that are more effective and can compete with conventional cosmetics in terms of performance. Overall, the natural cosmetics market is expected to continue to grow as consumers become more health and environmentally conscious and demand for natural and organic products continues to rise.

Browse Full Report:

Key Takeaways:

• Increasing use of plant-based ingredients as well as constant innovation and new product development will strengthen prospects for the natural cosmetics market.
• In China, the natural cosmetics market is driven by the surging awareness of the adverse effects of synthetic ingredients in cosmetic products.
• In 2022, the natural cosmetics market in the US accounted for 82.3% share of the North American market, and robust growth is predicted for the market in the forthcoming years.
• Based on type, the skincare segments account for a sizeable portion of the natural cosmetics market share.
• By consumer orientation, women will continue to dominate the market during the assessment period.

Key Players:

• L’Oréal SA
• Amway Corporation
• Beiersdorf
• Benefit Cosmetics LLC
• Chanel S.A.
• Clarins Group
• Coty Inc.
• Estee Lauder Companies Inc.
• Johnson & Johnson
• Kao Corporation
• Laverana GmbH & Co. KG
• LVMH (Moët Hennessy -Louis Vuitton)
• MAC cosmetics
• Mary Kay Cosmetics
• Procter & Gamble Co.
• Revlon Inc.
• Shiseido Co., Ltd.
• Others (on additional request)

Market by Category:

By Product Type:

• Skin and Sun Care
• Dry Skin
• Acne
• Sunburn
• Hyperpigmentation
• Oily skin
• Fine lines and wrinkles
• Dark circles and puffiness
• Hair Care
• Dry and damaged hair
• Dandruff
• Oily hair
• Frizzy hair
• Hair loss
• Scalp irritation
• Bath & Shower
• Dry skin
• Body odor
• Eczema and psoriasis
• Itchy skin
• Rough and uneven skin texture
• Men’s Grooming (Only Shaving)
• Razor burn
• Ingrown hair

By Consumer Orientation:

• Male
• Female
• Unisex
• Baby & Kids

By Packaging:

• Bottles & Jars
• Tubes
• Pouches & Sachets
• Pencils & Sticks

By Sales Channel:

• Supermarkets/Hypermarkets
• Department Stores
• Specialty Stores
• Online Sales Channel
• Mono Brand Store
• Other Sales Channel

By Region:

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

More Insights into the Natural Cosmetics Market:

FMI delivers an unbiased and detailed analysis of the global natural cosmetics market in its latest report along with historical data from 2017 to 2021 and forecast statistics for 2023 to 2033. The report offers insight into a ten-year sales forecast, key market drivers, prevailing trends, opportunities, and challenges. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type, consumer orientation, packaging, end-use industry, and region.

According to the latest reports, based on segmentation, the sachet packaging segment will witness high demand and contribute substantially to total market growth. The use of sachets complies with the elevated need for mass distribution. This type of packaging is also affordable and easy to carry. Thus, the sachet segment will observe greater demand. In terms of product type, the skincare segment will dominate the global marketplace.

Based on the country, the natural cosmetics market in the US will exhibit significant growth. In 2022, the target market in this region accounted for about 82.3% of the North American market share. Consumers are becoming more health-conscious and are increasingly seeking out natural and organic products in all areas of their lives, including cosmetics. Additionally, growing awareness of the harmful effects of synthetic ingredients in cosmetics drives the growth of the natural cosmetics market in the US. Other countries like China and India will also display notable growth in the market. Hence, the US, China, and India will fuel the global growth of the natural cosmetics market.

About Future Market Insights (FMI)

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In 2023, the furniture polish market is expected to be worth USD 10.72 billion. According to the furniture polish industry research report, by 2033, the market would be valued at USD 22 billion. For the projected period, furniture polish sales are anticipated to grow at a CAGR of 7.4%.

The widespread increase in global internet access has significantly boosted the furniture polish market. The internet has transformed consumer behavior, revolutionizing how they discover, evaluate, and purchase furniture polish by providing a broader selection of products and brands.

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The convenience of online shopping allows consumers to explore options and make purchases from home. Access to detailed product information, comparisons, and user reviews online empowers consumers to make informed choices. Consequently, this enhanced consumer knowledge and the ease of online shopping have led to increased demand for furniture polish products.

Moreover, e-commerce platforms and digital marketing strategies have provided furniture polish manufacturers and sellers with unprecedented opportunities to reach a broader audience and establish their brands on a global scale.

Asia Pacific excluding Japan accounts for nearly 30% share of the market in 2021. With the increase in the number of furniture installations in household and commercial sectors, maintaining furniture and protecting it from dust and other external factors has become crucial. Various types of furniture are used to provide spacious interior looks to a household as well as commercial spaces and furniture eventually requires periodical maintenance, which necessitates the use of furniture polish.

Furniture polish is a non-foaming neutral liquid used for coatings to provide finishing touches to various carpentry and woodworks. Furniture polish finds a wide range of applications in household as well as commercial sectors as it can clean and polish any kind of furniture, ranging from wooden desks, panels, kitchen cabinets, table tops to woodwork.

Mergers and Acquisitions – A Key Factor Driving Value Sales

The confluence of various factors, such as the expansion of customer base and varying consumer perception, has compelled various key furniture polish manufacturers to opt for key strategies in the view of generating sales in the global market. Mergers and acquisitions have been considered as one of the key strategies adopted by various furniture polish manufacturers to generate sales as well as expand operations in domestic and international markets.

For instance, in 2017, Axalta Coating systems, one of the marquee players in the global furniture polish market acquired The Valspar Corporation’s North American Industrial Wood Coatings business for US$ 420 Million. Valspar Corporation specializes in the production of various furniture polish products for the North America market.

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Internet Penetration – A Key Influential Macroeconomic Factor Driving Market Growth

The average internet penetration around the globe has been rising at a significant rate with 2.8 Billion people aged above 15 years connected to the internet. Various e-commerce channels such as Walmart, Tesco and Amazon have been considered as the preferred e-commerce platforms for purchasing products. This critical macroeconomic factor has been paving way for the global furniture polish market growth in terms of value and volume sales.

Attributing to this, several key furniture polish manufacturers now consider online platforms as a key tool in triggering demand as well as sales for their various furniture polish products. For instance, in 2018, Sherwin-Williams – a prominent player in the global furniture polish market – launched an online tool that provides detailed specifications of its various furniture polish products for the North America market.

Emphasis on Innovation and New Product Launches by Furniture Polish Companies

Consumer perception and buying behavior have been constantly changing with the new trends in various markets. The global furniture polish market has been witnessing a similar trend with its large customer base. With the use of various types of base materials such as hardwood gaining traction in the furniture industry, customers now seek furniture polish capable of maintaining the look of such hardwood furniture for a long span of time.

As a result, various furniture polish manufacturers have been strategizing on introducing new variants of furniture polish products to cater to the varying demand from its target customers. For instances, in 2015, Bona US, one of the key players in the global furniture polish market announced the launch of a new line of furniture polish under the brand name ‘Bona Wood Furniture Polish’, which is a liquid-based product that cleans and protects hardwood furniture. Furniture Polish Wipes are another innovation inline, these wipes are beneficial in removing sticky spills and stains, and also helps in protecting furniture from dust and allergens.

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Multinational Players are Relatively Highly Concentrated on a Global Scale, as Compared to Local & Regional Furniture Polish Manufacturers

The global furniture polish market is primarily characterized by the presence of a large number of regional and multinational companies. Detailed profiles of furniture polish companies have also included in the global furniture polish market report to evaluate their strategies, key product offerings, and recent developments.

Some of the key players profiled in the global furniture polish market study include

• Altana
• Cleenol Group Ltd.
• Liberon Limited
• Reckitt Benckiser Group plc (Old English)
• S.C. Johnson & Son, Inc. (Pledge)
• The Sherwin-Williams Company
• PPG Industries Inc.
• Akzo Nobel N.V.
• Axalta Coating Systems
• Masco Cabinetry, LLC
• RPM Wood Finishes Group
• Blend well Chemicals
• Milsek Furniture Polish Inc.
• Golden Star Inc.
• Other

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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