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In 2022, the anticipated size of the global laundry care market was close to USD 98.2 billion. The main factor driving the expansion of the worldwide market is the increasing need for laundry care goods due to the expanding population in emerging regions. Therefore, by 2023, it is anticipated to have reached USD 180.3 billion, alongside a CAGR of 5.7% from 2023 to 2033.

The market for laundry care is anticipated to increase significantly in the approaching years as a result of the growing demand for environmentally friendly and ecological laundry care products. The importance of living healthier lifestyles is expected to grow, and consumer worries about their health and hygienic living-including the need for clean clothes-will increase in the years to come.

Many laundry service companies today provide their clients with instant pickup, internet payment options and customer loyalty discounts in addition to fast services. First, there will be a huge demand for more resorts and hotels that would largely affect how the market of laundry care products grows during the forecast period as consumer sector increases.

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Chemical detergents along with cleaners frequently fall short of the performance of organic cleaners and detergents. They have components made from plants, which makes them preferred over those that employ chemicals.

If the laundry detergent is chemical-based, even recently cleaned garments could feel sticky. This is not the case, in contrast, when washing clothes with natural detergents. Utilizing organic detergents has the added benefit of utilizing less resources. Clothing is in continual touch with the skin throughout the day. It is possible that some residue will stay in the clothing and come into proximity to the skin if harsh or even chemical-based cleaning solutions are employed.

Key Takeaways from the Market Study

• Between 2018 and 2022, sales of laundry care increased at a CAGR of 5.4%.
• In 2022, it is predicted that the fabric softeners category would increase its market share to 23%.
• Through 2023, the organic source type sector is anticipated to grow at a 5.5% CAGR to reach US$ 38.8 billion.
• The liquid detergent market is anticipated to grow at a rate of above 5.5% CAGR through 2023, representing an additional potential of US$58.4 Bn.
• The market for laundry care products in India will grow at a 5.8% CAGR between 2023 and 2033.
• According to estimates, the United States dominates the global market for laundry care with about 17.6% of total sales.

The key players in this market include

• Procter & Gamble Co.
• Unilever PLC
• Colgate-Palmolive Company
• Henkel AG & Co. KGaA
• Reckitt Benckiser Group PLC
• Amway Corporation
• Kao Corporation
• S.C. Johnson & Son Inc.
• LG Household & Health Care Ltd
• Golrang Industrial Group
• Lion Corporation
• Church & Dwight Co.
• Alicorp S.A.A.
• Others

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Key Segments Profiled in the Global Laundry Care Market

Product Type:

• Fabric Softeners
• Laundry Detergents
• Others

Distribution Channel:

• Wholesaler/Distributors
• Supermarket/Hypermarket
• Convenience Stores
• E-Commerce
• Grocery Stores
• Others

Source Type:

• Synthetic
• Organic
• Others

Form Type:

• Powder
• Cake/Block
• Liquid
• Others

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and 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.

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The home decor market is projected to register a valuation of USD 216,291.4 million in 2023 and reach up to USD 394,715.7 million by 2033. The global market is securing a CAGR of 6.2% during the forecast period.

Manufacturers are Designing Customized Home Decor Solutions 

Manufacturers are designing customized home decor solutions as per consumers’ expectations. They are offering personalized, durable, and unique options with eco-friendly practices. Some of the customized solutions for home decor are as follows:

• Personalization: Manufacturers offer personalized home decor products, including high-quality material, custom color, and concise designs. They are also offering interior design as per consumers’ tastes and preferences.

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• Modular and Configurable Furniture: Manufacturers provide customized, fit, and layout modular furniture systems of different sizes. They are also adapt to change as per customers needs.
• Custom Upholstery: These custom upholstery furniture, including chairs, sofas, tables, and beds, are offered by manufacturers as per customers’ selection. Consumers widely prefer these for their creative home decor.
• Artful Decor: Consumers are fond of creativity and artwork. They desire high-end manufacturers to build bespoke furniture designs. The customers are also collaborating with special designers to create a specific piece of home decor.
• Custom Lighting: Creating unique lighting solutions for home decor interior are rapidly growing to look lavish and breath-taking. They fix them according to size, design, and area.
• Digital Tools: Manufacturers offer digital tools to their customers. Through these tools, customers can finalize their products by visualizing them.
• Tailored Textiles: Customization tailored textiles are widely used for home decor, including cushions, curtains, and bedding. They seek aesthetic fabrics to match their home decor for specific areas.

Key Takeaways:

• The home decor market is registering a CAGR of 6.2% between 2023 to 2033.
• The United States is expected to register a maximum CAGR of 26.4% by dominating the global market by 2033.
• Japan is anticipated to capture a CAGR of 6.4% in the global market by 2033.
• The United Kingdom significantly drives the global market with its vintage home decor, with a CAGR of 2.5%.
• With a CAGR of 4.6%, Germany is rapidly advancing the global market.
• Home furniture is estimated to lead the global market by 2033 based on product type.

Key Players are Capturing Huge Revenue in the Global Market

Key players are offering affordable home decor solutions as per consumers’ requirements. They are capturing significant revenue through their innovations and product improvements. Key players are adopting various marketing methods to bring new ideas to the table to highlight the market share. These marketing tactics are mergers, acquisitions, collaborations, product launches, and agreements.

These players offer online home decor products, hand-made products, and sustainable products of growing concerns about the environmental crisis. They are targeting genuine consumers to boost sales. Key players are taking relevant feedback from their customers to improve their silly gaps and offer high-quality products to them.

Recent Developments in the Home Decor Market

• In 2022, Home24 announced its new expansion of its business portfolio in seasonal products and home textiles.
• 2021 Herman Miller Inc. acquired Knoll Inc. to design advanced home decor.

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Key Companies in the Home Decor Market

• IKEA
• The Home Depot
• Williams-Sonoma, Inc.
• Wayfair
• Ethan Allen
• Crate & Barrel
• Bed Bath & Beyond
• Ashley Furniture Industries
• RH (Restoration Hardware)
• Herman Miller
• Pier 1 Imports
• La-Z-Boy
• Crate and Barrel
• Anthropologie
• Houzz
• Overstock.com
• Tempur Sealy International
• Surya
• Z Gallerie

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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In 2023, the baby bath and shower products market size is estimated to be valued at USD 3 billion and is expected to surpass USD 6 billion by 2033. The adoption of baby bath and shower products is likely to advance at a CAGR of 7.2% during the forecast period.

• Trusted brand names are becoming increasingly important for customers when making purchase decisions in the baby care industry.
• The popularity of a brand name is often perceived as a guarantee of quality by consumers, leading to a preference for well-known brands.
• This trend has resulted in a surge in demand for baby bath and shower products, particularly among concerned parents who prioritize quality and safety for their infants.
• Established brands with a strong reputation for producing safe and effective baby care products are benefiting from this trend, experiencing increased sales and market share.
• Brand recognition and reputation play a significant role in influencing consumer choices, driving the growth of the baby bath and shower products market.

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Furthermore, due to their proven benefits, ensuring safe and radiant skin, products based on micro-biome technology are in high demand. JooMoo Ltd., for example, produced a baby body wash with its own Microbiota Immune Response Control (MIRR) technology.

This ‘three-in-one’ product, is offered on various sales platforms and are designed to cleanse, disinfect, and moisturise the baby skin. As a result, the growth of the bath and shower products industry is likely to be aided by the introduction of biotechnology.

FMI in its latest study has forecasted the market to rise at a CAGR of 6.1% between 2021 and 2031, in terms of volume of sales.

Key Takeaways from the Baby Bath and Shower Products Market Study

• The U.S. will remain a leading baby bath and shower products market, accounting for over 76% of sales in North America in 2021.
• Rising demand natural and chemical-free ingredients in baby shampoo and soaps is expected to drive the sales in the Japan and South Korea.
• In terms of product type, soap and shower gel is expected to hold a dominance through the forecast period.
• Baby bath and shower products demand to rise at 4.8% in the U.K. Sales however will surge at a higher pace in France and Spain.
• Despite hypermarkets/ supermarkets’ dominance, sales via online retailers are expected to increase at a higher rate.

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Key Players in the Market

• Kimberly Clark
• Johnson & Johnson’s Company
• Procter & Gamble Company
• Unilever
• Wipro
• Burt’s Bees
• Avon Products, Inc.
• Beiersdorf AG
• Loreal SA
• Chicco
• Babyganics
• Himalaya
• Sebapharma
• Weleda
• Green People

Get Valuable Insights into the Baby Bath and Shower Products Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global baby bath and shower products market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the baby bath and shower products market based on the product type (shampoo, conditioner, soap and shower gel, and others), price (premium baby care products (>US$ 50) and mass baby care products (US$ 0-US$ 50), and sales channel (hypermarkets/ supermarkets, specialty stores, multi-brand stores, online retailers, wholesalers & distributors, and other sales channels), across seven major regions.

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
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Website: https://www.futuremarketinsights.com
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The colour cosmetics market is experiencing a meteoric rise, projected to reach a staggering US$ 87,916 million by 2034. This translates to a phenomenal CAGR of 4.8%, painting a picture of unprecedented growth. But what’s fueling this boom, and how can you capitalize on it?

Here’s a glimpse into the key drivers shaping the colour cosmetics market:

• Fashion’s Ever-Changing Palette: The dynamic fashion industry acts as a muse for colour cosmetics. As trends shift, new makeup emerges to complement them, ensuring a constantly engaged consumer base. This presents a lucrative opportunity to develop colour cosmetics that align with the latest styles.

• The Rise of the Powerhouse Woman: Working women are a force to be reckoned with. They seek long-lasting, convenient, and flawless makeup that fits their busy schedules. By creating colour cosmetics that cater to their needs, you can tap into a loyal and growing customer segment.

• E-commerce: A Beauty Revolution: The rise of e-commerce platforms has democratized access to beauty products. This fosters fierce competition, driving innovation and the development of cutting-edge colour cosmetics at competitive prices.

• Disposable Income on the Rise: As global disposable income increases, consumers have more to spend on beauty products. This surge in purchasing power translates to a booming demand for colour cosmetics.

• The Power of Social Media Influence: Social media platforms have become a breeding ground for beauty trends. With increased awareness of cosmetic products, the desire to experiment with colour cosmetics has skyrocketed.

This confluence of factors presents a golden opportunity for industry leaders. By understanding these trends and developing targeted product lines, you can position your brand for unparalleled success.

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The increasing number of working women has also contributed to the growth of the color cosmetics market. With more women joining the workforce, the need for cosmetics catering to their needs is growing. In the current period, women are looking for products that are long-lasting, easy to use, and provide a flawless finish.

Key Takeaways from the Colour Cosmetics Market

• The colour cosmetics market is estimated to register a CAGR of 4.8% and reach a valuation of US$ 87,916 million by 2034.
• The natural and organics segment is anticipated to dominate the global market, holding a share of 64.3% in 2024.
• The eCommerce segment is expected to account for a 31.8% market share in 2024.

Competitive Landscape

With new brands entering the market and established players introducing innovative products, companies are competing on several factors such as quality, brand recognition, and pricing. Furthermore, the proliferation of eCommerce has made it easier for new players to enter the market and compete with established brands.

Key Market Players

• Chanel
• Dior
• Givenchy
• L’Oréal S.A.
• Kroylan Professional Make-up
• Lancôme
• Mamaearth
• TOM FORD S.A.
• Plum
• Coty Inc.
• MAYBELLINE New York
• Yves Saint Laurent
• PAC Cosmetics
• Revlon Group
• NYX Professional Makeup
• Shiseido Company
• Sephora
• Rimmel London
• Laura Mercier
• Julep Beauty

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Color Cosmetics Market by Category

Product Type:

• Chemical
• Natural & Organic

Distribution Channel:

• Hypermarket/ Supermarket
• Convenience Store
• Specialty Store
• Direct Selling
• e-Commerce

Price:

• Economic
• Premium

Product Category:

• Nail Products
• Facial Makeup
• Eye Makeup
• Lip Products
• Hair Colour Products
• Special Effects Products

Region:

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

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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In 2023, the cosmetic pencil and pen market would be worth US$ 2.8 billion and is expected to reach US$ 5.7 billion by 2033. Likely to register a 7.5% CAGR from 2023 to 2033.

The high adoption of cosmetic products is expected to boost the growth of the cosmetic pencil & pen market over the forecast period. Collectively, Asia Pacific and Europe are expected to account for 65% revenue share of the cosmetic pencil & pen market by the end of 2033.

According to the major findings of this report, global cosmetic pencil & pen market is projected to witness considerable growth over 2014-2025 because of a number driving factors including growing e-commerce industry and increasing demand for cosmetic product. The research reveals that the key players of cosmetic pencil & pen are adopting e-commerce channels for sales and promotion.

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The e-commerce industry is growing at a good pace and is expected to contribute to the increasing sales of cosmetic products, and simultaneously influence the emerging trends in the global cosmetic pencil and pen market during the forecast period. E-commerce provide small and local manufacturers a large platform to do business, which is expected to increase in market share by reaching new customers.

Consumers are attracted towards the buying process provided by the e-commerce industry, it speeds up the buying process and saves time. It also provides a comparative study about the product with reduced cost, and this will bolster online sales of cosmetic pencil & pens in the coming future.

Asia Pacific to Hold One-Third Revenue Share; Market Leaders to Expand Their Presence in the Region

The FMI study finds that China, South Korea and Japan are the leading exporter and importer of cosmetic product in the Asia Pacific region, and these countries cumulatively accounts for approximately 2/3rd of the total Asia Pacific cosmetic pencil & pen market. It is due to increase in per capita income of working women and increasing attention towards fashionable cosmetic product.

Europe is also expected to witness a positive outlook towards cosmetic pencil and pen in the forecast period followed by the Asia Pacific region. France and U.S. are the leading exporters in the global market. It is due to presence of key players in cosmetic pencil & pen manufacturing. Leading European cosmetic pencil & pen manufacturers are entering into potential market of Asia pacific, and more often in Southeast Asia.

The tier 2 companies are also planning to expand their presence in the global market with increased production capacity with acquisition and mergers. Growing penetration of local manufacturers in their respective regions also fuels the cosmetic pencil & pen market. Furthermore, emerging economies of Latin America such as Mexico and Argentina are expected to have potential in the cosmetic pencil & pen market during the forecast period. All these factors will create demand for cosmetic pencil & pen in the coming years.

Cosmetic Pencil & Pen Market: Vendor Insights

• Leading cosmetic companies such as
• Intercos S.p.A,
• Swallowfield PLC,
• Schwan-STABILO
• Cosmetic GmbH & Co. KG and

HCT Group are focusing on developing innovative product and also focusing on expanding its geographical presence to sustain in the market. The companies providing various types of cosmetic pencil & pen with increase product offering help them to increase the revenue and sales of the company.

Some of the other key players in the global cosmetic pencil & pen market are

• Alkos Cosmetiques SAS,
• Oxygen Development LLC,
• JOVI S.A,
• A.W. Faber-Castell Cosmetics GmbH,
• Confalonieri Matite S.R.L,
• Columbia Cosmetics Manufacturing Inc,
• Eugeng International Trade Co., Ltd.,
• Quadpack Spain SL,
• Ningbo Beautiful Daily Cosmetic Packaging Co., Ltd.,
• The Packaging Company, and
• Alovey Cosmetic Packaging Co.,Ltd.

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Key Segments Covered in Cosmetic Pencil & Pen Industry Research

By Material :

• Plastic
• Wood
• Metal

By Product Type :

• Sharpenable Wooden Pencils
• Sharpenable Molded Pencils
• Mechanical Pencils

By Application :

• Eye
  • Eyeliner & Kajal
  • Eye Shadow
  • Eye Brow
  • Mascara
• Lip
  • Lip Liners
  • Lipsticks
  • Lip Gloss
• Clean-up Pencils
• Concealer Pencils
• Cheek Balms
• Sculpting Pencils
• Skin Glossing Pencils

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

By the end of 2016, the residential water treatment equipment market in South America was valued at over US$ 330 million. It is projected to experience a Compound Annual Growth Rate (CAGR) of 9.2% between 2016 and 2026.

In terms of revenue, Brazil leads among all South American countries, followed by Argentina and Venezuela. Brazil is expected to exhibit a notable CAGR of 8.7% during the assessment period, driven by the rapid urbanization happening in the country.

The driving factors of the residential water treatment equipment market include increasing awareness about pollution to environment, devastating consequences of hard water consumption, concerns related to diseases caused by contaminated waters and so on rising demand for smart purifiers via online sources as well as need more additional POE or POU treatments in order collect treated recycled wastes.

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However, increasing investments in energy-efficient and advanced water treatment technologies smart metering and data analysis, providing product certification for specific products number of government – private partnerships recent technological innovations to the process.

On the other hand, lack of awareness among consumers, cost of equipment, installation, and periodic services, and aging infrastructure are a few obstructions hindering the prosperity of the market.

The analysts of the report have detected that Brazil is the most lucrative country for the vendors operating in the South America residential water treatment equipment market, projecting the demand from the 200-plus million strong nation to increment at a CAGR of 8.7%, producing a revenue of more than US$475 mn by 2026.

In 2015, volume-wise, the Brazil residential water treatment equipment market produced a demand for 345 thousand units, and the FMI report has estimated the number to escalate up to 875 thousand units by 2026, gaining traction from growing awareness regarding the need and availability of products among the urban consumers. Most of the sales are being report from online portals and retail stores, while direct marketing methods are not generating enough leads.

The Brazil residential water treatment equipment market is driven by favorable government policies to counter radically escalating water contamination concerns in the states of Rio de Janeiro, Espírito Santo, São Paulo, and Minas Gerais. These states have had tremendous industrialization in the recent past, which is leading to greater demand for water purifiers.

The competitive landscape of the South America residential water treatment equipment market is split wide open for product differentiation. There is a strong need for the introduction of new and innovative products in the regional market and the players are now increasing concentrating on UV and gravity or media based purifiers, as these products meet the aesthetics norms.

Some of the prominent companies in the South America residential water treatment equipment market, such as LG, Forbes Lux Group, Philips, and Panasonic are innovating and promoting UV purifiers and are expected to maintain their stronghold throughout the forecast period.

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Based on equipment, the FMI report segments the South America residential water treatment equipment market into osmosis equipment, UV equipment, gravity or media equipment, faucet filter, and other filters.

Segmentation of Residential Water Treatment Equipment Market in South America

According to the taxonomy provided in the report, the residential water treatment equipment market in South America has three major segments includes, filtration devices, purification devices and regions.

On the basis of filtration devices, the market has faucet filters and others sub-segments. The other sub-segment includes filter water bottle, solar ball and water pitcher. Purification devices segments comprises of three segments, such as reverse osmosis, ultra violet and gravity media. Based on geography, the residential water treatment equipment market in South America has expanded among six major countries, namely, Argentina, Peru, Chile, Brazil, Venezuela and rest of South 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
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In 2023, the global men’s underwear market is anticipated to reach a valuation of US$ 38.96 billion, with projections indicating a surpassing of US$ 65.3 billion by the end of the forecast period, driven by a Compound Annual Growth Rate (CAGR) of 5.3%. This growth trajectory underscores a steady increase in demand for men’s underwear worldwide, fueled by factors such as evolving fashion trends, rising disposable incomes, and increasing awareness of comfort and style. The forecasted expansion signifies a promising outlook for manufacturers and retailers operating in the men’s underwear market, highlighting opportunities for innovation and market penetration.

Growth Factors:

• Rising health awareness driving demand for comfortable and supportive underwear.
• Increasing purchasing power of consumers leading to higher demand for premium underwear.
• Changing fashion trends contributing to increased demand for stylish underwear.
• Emerging economies like China and India offering substantial market potential due to growing population and purchasing power.
• Growing popularity of sustainable and eco-friendly products creating opportunities for industry expansion.
• Increasing popularity of athleisure leading to higher demand for athleisure-oriented underwear.
• Use of innovative materials and designs catering to evolving consumer preferences.

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Key Takeaways from the Men’s Underwear Market:

• The demand for men’s underwear in the United States is predicted to rise at a CAGR of more than 6.5% between 2023 and 2033.
• In the United Kingdom, the men’s underwear sector is expected to develop at a CAGR of more than 5%.
• During the forecast period, the men’s underwear market in Thailand is anticipated to expand at a CAGR of over 3%.
• The cotton segment is expected to dominate the market with a CAGR of more than 2% over the projected period.
• The boxer briefs category is likely to rise at a CAGR of 8.2% throughout the evaluation period.
• The XXL segment is expected to increase at a CAGR of more than 5% over the projection period.

Industry Restraints:

1. Intense Competition: The men’s underwear market is highly competitive, with numerous established brands and new entrants vying for market share, leading to pricing pressures and margin erosion.
2. Supply Chain Disruptions: Disruptions in the global supply chain, such as raw material shortages, transportation delays, and production disruptions, can impact manufacturing and distribution, leading to supply shortages and increased costs.
3. Economic Uncertainty: Economic downturns and fluctuations in consumer spending patterns can adversely affect discretionary purchases like apparel, dampening demand for men’s underwear.
4. Rising Production Costs: Increasing labor, material, and operational costs pose challenges for manufacturers in maintaining competitive pricing while ensuring product quality and profitability.
5. Environmental Concerns: Growing consumer awareness of environmental issues prompts demand for sustainable and eco-friendly underwear options, pressuring brands to adopt environmentally responsible practices throughout the supply chain.
6. Regulatory Compliance: Compliance with stringent regulatory standards and quality requirements, particularly concerning textile and garment manufacturing, adds complexity and costs to operations.
7. Brand Reputation and Image: Negative publicity, product recalls, or controversies related to brand image, ethics, or labor practices can tarnish brand reputation and erode consumer trust, impacting sales and market share.

How Players are Revolutionizing the Men’s Underwear Industry?

The men’s underwear industry is highly competitive with several key players dominating the market. Some of the leading players in the industry include Hanesbrands Inc., Calvin Klein, Jockey International Inc., and Fruit of the Loom. These companies have been able to maintain their market share and remain competitive by focusing on several key strategies.

One of the key strategies employed by these companies is innovation. By constantly developing new materials, designs, and styles, these companies can stay ahead of the competition and offer products that appeal to a wide range of customers. In addition, many of these companies are investing in new technologies such as smart fabrics and 3D printing to further differentiate their products and appeal to tech-savvy consumers.

Consumers are increasingly looking for underwear that is both stylish and comfortable, and companies that can offer products that combine these features are likely to see significant growth in the coming years. Additionally, there is a growing trend towards inclusivity and diversity in the industry, with companies offering products that cater to a wider range of body types and skin tones.

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Key Companies Profiled

• Hanesbrands Inc.
• Philips-Van Heusen Corporation
• Ralph Lauren Corporation
• Jockey International Inc.
• American Eagle Outfitters Inc
• Iconix Brand Group Inc.
• C. Penney Corporation Inc.
• Under Armour, Inc.
• RibbedTee Company
• Ramblers Far, Inc.
• Levi Strauss & Co.
• Perry Ellis International Inc.
• Naked Brand Group Inc.

Recent Developments in the Market:

• In August 2022, Calvin Klein launched the ‘Autumn 2022’ campaign, showing the latest underwear and jeans styles. The series is intended for everyday usage, with a modern aesthetic and a mix of recyclable materials to give wireless comfort.
• In April 2022, Hanes brand, Inc. could introduce the new ‘X-Temp Full Support Pouch’ men’s underwear with cooling fabric and breathable mesh panels, as well as quick-drying and moisture-wicking qualities.
• Jockey International Inc. collaborated with Olympic gold winner Usain Bolt to create a new style of underwear, which attracted extensive media attention and aided in brand exposure.
• Buttercloth, a Shark Tank menswear startup, produced the first underwear with cooling chilly cotton fabric in 2021.

Key Segments Profiled

By Material:

• Cotton
• Wool
• Silk
• Polyester
• Rayon
• Linen
• Nylon
• Others

By Category:

• Regular Brief
• Boxer Brief
• Boxer Shorts
• Trunks
• Thongs

By Sales Channel:

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

By Price Range:

• Below US$10
• US$ 10 to US$ 20
• US$ 20 to US$ 30
• US$ 30 & Above

By Age Group:

• 15 to 25
• 26 to 35
• 36 to 45
• 46 to 55
• 56 to 65
• 65+

By Size:

• XS
• S
• M
• L
• XL
• XXL
• XXXL

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.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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In 2022, the Middle East flooring and carpet ecosystem was valued at USD 9,432.1 million. This is expected to increase to USD 10,169.2 million by 2023. Demand for flooring and carpets in the Middle East is anticipated to grow at a 7.8% CAGR during the forecast period, reaching a valuation of USD 21,521.3 million by 2033.

Manufacturers are able to introduce eye catching and innovative designs on carpets as a result of advancements in printing technology. This is anticipated to be a significant market trend. The Middle East flooring and carpet market is expected to increase during the forecast period due to manufacturers being encouraged to introduce goods with a variety of styles and patterns in response to the growing demand for novel carpet styles and designs.

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The players are trying to minimize the constraints and concentrate on increasing production capabilities by using sophisticated machinery and technical advancements. The demand for strong aesthetics that are both natural looking and adaptable is driving the floor covering market in the Middle East.

Key Takeaways from the Analysis

• Saudi Arabia is anticipated to expand at a rate of 9% CAGR.
• UAE’s flooring and carpet business is expected to garner an 8.1% CAGR between 2023 and 2033.
• The market in Qatar is expected to grow at a 9.4% CAGR until 2033.
• From 2023 to 2033, Oman is anticipated to endure at a 4.9% CAGR.
• Over the projected period, an 8.7% CAGR is expected for the landscape in Kuwait.
• By 2023, the carpets category is projected to have grown to a market share of 32.9%.
• The residential segment is likely to account for 35.2% of the global market in 2023.

Competitive Landscape

A key tactic for participants in the Middle East flooring and carpet ecosystem is sustainability. They understand that consumers are becoming more and more interested in eco friendly goods and production methods. This entails minimizing energy use, cutting production waste, and obtaining sustainable materials.

Sustainable flooring options—like cork, bamboo, and recycled materials—are being pushed in line with the growing environmental consciousness of the region. Companies are demonstrating their dedication to sustainable practices by pursuing certifications such as LEED (Leadership in Energy and Environmental Design). This not only tackles environmental issues but also attracts consumers who value eco friendly and ethical decisions, which eventually improves the standing and competitiveness of Middle East manufacturers.

Key Developments

• In 2021, B.I.G. Yarns, a division of Beaulieu International Group, declared that they were working on EqoCycle, a fully recyclable PA6 yarn that has 75% recycled content and performs similarly to virgin PA6 yarn.
• RAK Ceramics will supply kitchen and bathroom equipment and tiles to 26 residential units at Azizi’s Riviera Waterfront project in Dubai by 2023. The project will make use of high end products from RAK Ceramics, such as its most modern porcelain tile line and its giant format tile maximus mega slab.

Key Players Are:

• Al Sorayai Group
• Abu Dhabi National Carpet Factory
• Mac Carpet
• Prado Egypt For Carpet
• Gheytaran Carpet
• Oriental Weavers
• Standard Carpets Ind. LLC.
• Saida Carpets
• Dormina
• Al Mira Carpet Factory
• Abdullatif Carpets

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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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During the forecast period, the Europe & Asia Pacific herbal beauty products market is expected to register a CAGR of 3.7% due to various factors, as detailed insights are offered by FMI. By 2026, the Europe & Asia Pacific herbal beauty products market is projected to surpass USD 3197.49 Million.

The demand for clean label beauty care products is rapidly increasing among consumers due to growing awareness of herbal and natural ingredients. Consumers are shifting towards greener products as synthetic cosmetic products often contain harmful chemicals with known negative consequences. Moreover, consumers are becoming more cognizant of the benefits offered by herbal products, thanks to promotional activities on social media and other advertising platforms.

Herbal skin care products are known to enhance the texture, tone, and overall appearance of the skin by providing essential nutrients. The development of new products in the herbal and natural personal care products market is driven by the rising consumer demand for environmentally friendly grooming items. Manufacturers are continually introducing herbal personal care products with therapeutic properties and long-term benefits to cater to the evolving needs of consumers, thus expanding their customer base.

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Segmentation analysis

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

• Europe & Asia Pacific herbal beauty products market is also segmented on the basis of distribution channel which includes supermarket, specialty stores, departmental stores, drugstores, online/direct selling, and beauty salons. Among all these segments, supermarket segment is expected to account for relatively higher value share during the forecast period. Specialty stores segment has been estimated to occupy the second largest share accounting for 21.1% value share in 2015.
• As far as the types of herbal beauty products are concerned, Europe & Asia Pacific herbal beauty products market is segmented into skin care, hair care, oral care, and fragrance. Among all these segments, skin care type segment has been estimated to represent 45.7% value share in 2016 and expected to remain dominant over the forecast period.
• Increasing acne issues owing to increasing humidity and pollution levels is expected to drive growth of the skin care type segment in the market during the forecast period. Skin care segment is sub-segmented into cream & lotion, cleanser & toner, facewash & scrub and others. Among these sub-segments, cream and lotion is expected to account for major value share over the forecast period.
• Hair care segment is expected to occupy second largest position on the pie in terms of revenue contribution. The Hair care segment is sub-segmented into powder, hair oil, conditioner, shampoo, and others. The Oral care segment is likely to represent substantial growth over the forecast period. The segment is projected to represent 3.1% CAGR in terms of value growth by 2026 end.

Regional analysis

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

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Vendor insights

This report covers detailed profiles of key players in Europe & Asia Pacific herbal beauty products market, which includes key strategies, key developments, product offerings and others. Key companies profiled in this report are

• Bio Veda Action Research Co.,
• VLCC Personal Care Ltd.
• Surya Brasil
• Dabur India Ltd.
• Himalaya Global Holdings Ltd.
• Lotus Herbals
• Hemas Holdings Plc
• Sheahnaz Herbals Inc.
• Herballife International of America Inc.

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