Quenching a Nation’s Thirst: Saudi Arabia’s Drinking Water Industry Poised to Reach US$ 12.2 Billion by 2034

Saudi Arabia Drinking Water Industry
Saudi Arabia Drinking Water Industry

A recently revised report by FMI paints a refreshing picture of the Saudi Arabia drinking water industry, estimating its current value at US$ 5,717.70 million in 2024. Driven by the critical need for safe and readily available drinking water, both during normal times and emergencies, the market is projected for a surge in demand. Sales are anticipated to climb at a steady CAGR of 7.9%, reaching a peak of US$ 12,229.10 million by 2034. This signifies a significant growth trajectory for the industry in the coming decade.

As per Future Market Insights (FMI), bottled water has gained wider acceptability across Saudi Arabia over the years. Consumption of functional drinking water is predicted to increase as instances of problematic/contaminated water supplies remain high. Hence, introduction of bottled water with minerals, vitamins, and flavors is improving the demand in the Saudi Arabia drinking water market.

Growth in the market is underpinned by increased bottled water purchases by the working population in the country to gain more nutrition and safe potable water. Moreover, innovation concerning mobility and portability of bottled water packaging will also the demand for bottled water.

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As a result, premium bottled water is generally accepted by local customers in the country. It has less sodium and higher mineral content and is packaged in either plastic or glass bottles. It is more expensive than regular bottled water but less expensive than foreign brands, persuading people to develop good habits and use premium bottled water.

Moreover, increased consumption of premium bottled water by restaurants is being observed in the country since it is not common to serve tap water. This is predicted to uplift the demand for premium bottled water over the forecast period.

Key Takeaways from the Saudi Arabia Drinking Water Market Study

  • Online sales segment is the most lucrative sales channel and is expected to witness fastest growth in the market.
  • Based on product type, functional segment is anticipated to account for significant share in the drinking water market.
  • In terms of packaging type, PET bottles are more preferred over plastic bottles to reduce the carbon footprint in the country.
  • By water resources, desalinated seawater and groundwater segment is expected to witness fastest growth over the upcoming decade.

“Key providers in the drinking water market are focusing on increasing their footprint by introducing natural and premium products with a variety of flavors and options. Moreover, they are also investing in marketing strategies to increase the awareness of water hygiene and water consumption.” Says an FMI analyst.

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Who is winning?

Leading manufacturers of Saudi Arabia drinking water market are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of drinking water market in Saudi Arabia.

Major players present in the Saudi Arabia drinking water market are

  • Nestlé S. A.
  • Hayat Water
  • Al Hada Water Co. Ltd.
  • Naqi Water
  • Arwa
  • Dome
  • Tania
  • Berain
  • Al-Qassim Healthy Water
  • Hana Water
  • Al Ain Water
  • Dala Company
  • Fayha Water
  • Safawater. qa
  • Aquafina (PepsiCo, Inc.)
  • Najed
  • Nova
  • Manahel
  • Safa
  • Mazen
  • Al-Manhel
  • Other (as per request)

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Saudi Arabia Drinking Water Market by Category

By Product Type:

  • Still Drinking Water
  • Carbonated Drinking Water
  • Flavoured Drinking Water
  • Functional Drinking Water
  • Spring Water

By Water Resources:

  • Surface Water
  • Groundwater
    • Renewable Groundwater
    • Non-renewable Groundwater
  • Non-Conventional Water Resources
    • Desalinated Seawater
    • Treated Wastewater

By Bottle Capacity:

  • 100-300 ml
  • 300-750 ml
  • 1,000-1,500 ml
  • 5,000 ml
  • 15,000 ml
  • 15,000-20,000 ml
  • More than 20,000 ml

By End-User:

  • Commercial
    • Quick Service Restaurants
    • Fine Dining
    • Casual Dining
    • Cafes
    • Bars/Pub
  • Residential

By Packaging Type:

  • PET Bottle
  • Glass Bottle
  • Stand-up Pouches
  • Retort Pouches

By Sales Channel:

  • Direct
  • Indirect
    • Hypermarkets/ Supermarkets
    • Departmental store
    • Convenience Store
    • Online Retailers
    • Drug Stores
    • Other Sales Channel

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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:        

Nandini Singh Sawlani  

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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Gemstone Cosmetics Powder Sales Surges as Consumers Embrace Natural Elegance. Gemstone Cosmetic Powder Market to Register a CAGR of 5.2% from 2024 to 2034.

Gemstone Cosmetic Powder Market
Gemstone Cosmetic Powder Market

The global gemstone cosmetic powder market is estimated to be valued at US$ 110.5 million by 2024. The gemstone cosmetics powder sales are expected to witness a robust CAGR of 5.2% from 2024 to 2034. By 2034, the gemstone cosmetics powder demand is anticipated to reach US$ 182.7 million.

The growing demand for natural and mineral-based beauty products is expected to propel the market growth of gemstone cosmetics powder. The gemstone-infused cosmetic powder market, centered on wellness and sustainability, is expected to witness a rise in demand for cosmetics made with gemstone ingredients due to increasing consumer needs for holistic and environmentally friendly beauty products.

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Dynamics Behind Gemstone Cosmetic Powder Market Growth

  • One crucial factor propelling the gemstone cosmetics powder market is the broader growth of the personal care and cosmetics sector. The demand for cosmetics products, such as gemstone cosmetics powder, is growing as customers place more emphasis on grooming and appearance.
  • Social media sites and beauty influencers have contributed to the popularity of cosmetics. Social media exposes consumers to new products and trends frequently, which boosts gemstone cosmetics powder demand.
  • Personalized beauty solutions are becoming popular with consumers. This trend is advantageous to the market since it provides various products that can be customized to suit different skin types and preferences.
  • One major factor compelling market growth is the accessibility of gemstone cosmetics powders across a range of retail channels, such as department stores, specialty beauty stores, and e-commerce.

Deterrents to the Gemstone Cosmetics Powder Sector

  • Concerns regarding the morality and environmental standards of the gemstone mining sector are becoming prevalent. As consumers seek more ethical and sustainable sourcing, concerns about fair labor practices, human rights abuses, and ecological harm may impede gemstone cosmetic powder market expansion.
  • There are rare gemstones used in cosmetics powders. This scarcity may prevent the gemstone cosmetic powder market from expanding by causing problems with the supply chain and increased costs.
  • Regulations and guidelines, especially regarding safety and labeling, may apply to using specific gemstones in cosmetics. Gemstone cosmetics powder manufacturers may encounter difficulties adhering to these regulations.

Regional Dynamics of the Gemstone Cosmetics Powder Industry

North America Market Outlook

  • The growing popularity of natural and mineral-based beauty products is fueling the market’s steady growth in North America.
  • The market growth for gemstone cosmetics powder in North America is due to rising consumer awareness of eco-friendly and sustainable beauty options.

Europe Market Outlook

  • Premium and luxury cosmetic products containing gemstone ingredients are becoming increasingly popular in Europe.
  • In the Europe gemstone cosmetic powder market, a noteworthy trend is the rising demand for vegan and organic beauty products, such as gemstone cosmetics powder.

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Asia Pacific Market Outlook

  • The gemstone cosmetics powder sales in the Asia Pacific are multiplying, which can be attributed to the growing impact of K-beauty and J-beauty trends.
  • The Asia Pacific gemstone cosmetic powder market is expanding as a result of growing consumer demand for cutting-edge skincare and cosmetics as well as a long-standing cultural tradition of gemstone use.

“With a rising demand for cosmetics, the gemstone cosmetics powder industry is expected to witness promising growth due to changing consumer preferences and beauty trends. From 2024 to 2034, the use of gemstone-infused cosmetics is anticipated to become more widely known, accelerating market growth,” says an analyst at FMI.

Key Takeaways 

  • The diamond segment accounts for a share of 34.5% of the market.
  • In the application category, the face cream segment acquires a market share of 40.2% of the market.
  • From 2024 to 2034, the gemstone-infused cosmetics powder market in Canada is expected to evolve at a CAGR of 3.3%.
  • Through 2034, the Germany gemstone-infused cosmetics powder market is projected to develop at a CAGR of 2.9%.
  • The France gemstone cosmetics powder industry is scheduled to expand at a CAGR of 3.7% from 2024 to 2034.
  • From 2024 to 2034, the gemstone cosmetics powder demand in the United Kingdom is expected to surge at a CAGR of 3.1%.
  • Through 2024, the Italy market is expected to evolve at a CAGR of 3.5%.
  • The Spain gemstone-infused cosmetics powder market is projected to flourish at a CAGR of 4.6% from 2024 to 2034.
  • Up until 2034, gemstone cosmetics powder sales in China are predicted to boost at a CAGR of 6.5%.
  • India’s gemstone cosmetics powder industry is anticipated to boost at a CAGR of 7.8% through 2034.
  • Australia’s gemstone cosmetics powder sales to soar at a CAGR of 5.4% from 2024 to 2034.
  • Singapore’s gemstone cosmetics powder industry to register a CAGR of 5.0% through 2034.
  • Japan’s gemstone cosmetic powder market may exhibit a CAGR of 7% over the forecast period.

Competitive Landscape

There is fierce competition among the several companies fighting for gemstone cosmetics powder market share. To acquire a competitive advantage, gemstone cosmetics powder vendors prioritize marketing tactics, product quality, and innovation. Strategic decisions taken by manufacturers are driven by consumer preferences and market dynamics, constantly focusing on product differentiation and growing distribution channels.

Latest Developments

The Acquisition of RMS Beauty by Highlander Partners Reported

The brand intends to expand and extend its product line, retail partnerships, and direct-to-consumer business after being acquired by Highlander Partners. By making more purchases, Highlander intends to increase its market share in the beauty sector.

Leading Clean Beauty Brand Jane Iredale’s Majority Stake Purchased by San Francisco Equity Partners

Jane Iredale’s majority stake is acquired by San Francisco Equity Partners (SFEP). Together, SFEP and founder Jane Iredale aim to grow the business and cement its Great Barrington foundation.

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Vital Gemstone Cosmetic Powder Manufacturers

  • Jane Iredale
  • RMS Beauty
  • Youngblood Mineral Cosmetic
  • Alima Pure
  • ILIA Beauty
  • Lune+Aster
  • Hourglass Cosmetic
  • Becca Cosmetic
  • Tarte Cosmetic

Key Segments

By Type:

  • Diamond
  • Quartz
  • Pearl
  • Amber
  • Others

By Application:

  • Face cream
  • Face Scrub
  • Body scrub
  • Body cream
  • Others

By Nature:

  • Natural
  • Synthetic

By Sales Channel:

  • Store-Based
  • Hypermarket/Supermarket
  • Specialty Stores
  • Drug Stores
  • Jewelry Stores
  • Online Store

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Middle East and Africa

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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:        

Nandini Singh Sawlani  

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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Mopping Up Growth: Floor Cleaning and Mopping Machine Market Set to Shine at US$ 9,977.80 Million by 2034

Floor Cleaning and Mopping Machine Market
Floor Cleaning and Mopping Machine Market

The global floor cleaning and mopping machine market is anticipated to secure a CAGR of 5.10% during the forecast period. The global market is predicted to register a valuation of US$ 6,092.70 million in 2024 and reach US$ 9,977.80 million by 2034.

Opportunities in the Floor Cleaning and Mopping Machine Market

Automation and Efficiency: Growing businesses and industries are increasing the demand for effective cleaning processes and are surging the adoption of robotics and automation machines. These machines save time, costs, and energy to capture consumers’ desires.

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Focus on Hygiene: Outbreaks of several diseases and viruses are rapidly increasing the demand for floor cleaning and mopping machines for maintaining adequate sanitation in the healthcare sector.

Promote Sustainability: The government promotes a green solution for cost-effective cleaning methods to reduce carbon emissions. Key companies are making strategies to minimize water use with eco-friendly solutions and are gaining vast popularity in the market.

Innovative Technology: Integrating data analysis, the Internet of Things, and artificial intelligence in floor cleaning and mopping machines to ensure safety and intelligent cleaning. The rising trends of operational efficiency and maintenance needs are increasing the adoption of floor cleaning and mopping machines.

Customization: Manufacturers bring new opportunities by offering a wide range of innovative products to attract end users’ desires. They are designing suitable machines of various types to satisfy consumers’ requirements.

Recycling: The manufacturers are promoting the recycling process by adopting sustainable materials to develop floor cleaning and mopping machines to save the environment.

Accessibility: The increasing demand for easy-to-operate and access with mobility is surging the adoption of floor cleaning and mopping machines.

Compact and Portable: Increasing individual demand for small, compact, and lightweight machines are rapidly raising the adoption of floor cleaning and mopping machine.

These are a few of the opportunities that significantly drive the global market.

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“Growing advanced and portable technologies are developing different floor cleaning and mopping machines to enhance consumers’ requirements. The manufacturers are advancing mopping machines for commercial and residential use that are surging the global market revenue,” says an FMI Analyst.

Key Takeaways:

  • The floor cleaning and mopping machine market is registering a CAGR of 5.10% between 2024 and 2034.
  • The United States is expected to register a CAGR of 5.30% by dominating the global market by 2034.
  • Canada is anticipated to capture a CAGR of 3.60% of the global market by 2034.
  • India is anticipated to register a CAGR of 8.70% in the global market by 2034.
  • China significantly drives the global market with a CAGR of 6.40%.
  • With a CAGR of 3.40%, the United Kingdom is rapidly advancing in the global market.
  • The commercial sector is estimated to lead the global market during the forecast period.

Key Players Adding Values in the Floor Cleaning and Mopping Machine Market 

The global market is highly fragmented by essential players that play a vital role in innovating products that satisfy consumers’ demands. These players are adopting various marketing tactics to upsurge the market, including mergers, collaborations, mergers, product launches, acquisitions, and partnerships.

They are offering improved products to satisfy consumers’ desires. These key players continue to fuel the global market size with their innovations, designs, and easy-to-access mopping machines.

For instance, VACCLEAN launched a variety of vacuum cleaners for commercial use. Their product portfolio of high-power cleaning machines includes single-disk floor buffing, wet and dry vacuum cleaners, and backpack vacuum cleaners, among others.

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Key Segments in the Floor Cleaning and Mopping Machine Market

By End User:

  • Healthcare
  • Automotive
  • Household
  • Food and Beverage
  • Chemical
  • Commercial
  • Others (Manufacturing, Retail, etc.)

By Product Type:

  • Scrubbers
  • Walk Behind Scrubbers
  • Ride-on Scrubbers
  • Cordless Electric Brooms
  • Robocleaner
  • Vacuum Cleaners
  • Steam Cleaner
  • Hard Floor Cleaner
  • Others (High Pressure Cleaners, Floor polishers, etc.)

By Method:

  • Scrubbing
  • Buffing
  • Mopping
  • Spray Cleaning
  • Burnishing
  • Others (Scarifying and Steaming)

By Region:

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

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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:        

Nandini Singh Sawlani  

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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Rice Mill Machine Market Analysis: Industry to Rise at US$ 284.4 million by 2033

Between 2023 and 2033, the global rice mill machine market is anticipated to witness gradual yet consistent growth, with a projected compound annual growth rate (CAGR) of 4.0%. Market valuation is expected to climb from US$ 192.1 million in 2023 to US$ 284.4 million by 2033.

According to insights from Future Market Insights (FMI), this market trajectory is underpinned by escalating demand for rice and the imperative for enhanced production efficiency. Rice mill machines play a vital role in processing raw rice into white rice, facilitating the removal of chaff, husk, and bran to ensure the elimination of impurities.

The market predominantly features two distinct types of rice mill machines: grind and fraction-type or pressure-type. Grind machines, designed for high-speed operation, excel in environments requiring elevated output and minimal rice breakage. Conversely, fraction-type or pressure machines rely on iron rollers to create the necessary friction for milling brown rice into white rice.

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Growth Factors

Rice holds a significant position in global calorie intake, with estimates suggesting it contributes to over 16% of the world’s total calories. Furthermore, approximately 3.5 billion individuals worldwide rely on rice as a staple food, a number projected to surge by roughly 25% by the year 2050. Notably, rice production serves as a livelihood for approximately 20% of the global population.

However, consumption patterns are undergoing gradual shifts in various regions. Traditional rice-consuming countries like Japan, Vietnam, and Indonesia are witnessing a transition among younger generations towards alternative diets influenced by international cuisines. This shift is expected to lead to a decline in rice consumption in these nations over the coming years. Conversely, in African countries, increased accessibility and affordability of rice are driving a surge in consumption. Projections indicate that milled rice consumption in Africa is poised to soar to an impressive 34.9 million tons by the year 2025.

Regional Insights

Rice milling machine sales in the United States are anticipated to face challenges in recent years due to a decline in domestic rice production. The United States government’s inclination towards increasing rice imports to meet consumption demands further exacerbates this trend, leading to a dwindling demand for rice milling machines within the country.

Despite the forecast of reduced production in the 2022/2023 market year, India retains its position as the world’s second-largest producer of rice. This information, as outlined in a Grain and Feed Update by the United States Department of Agriculture’s Foreign Agricultural Service (FAS), underscores India’s significant role in the global rice industry. In addition to being home to major players, India boasts numerous small and medium-sized enterprises (SMEs) engaged in rice production.

Germany, on the other hand, hosts renowned rice mill machine manufacturers like Bühler GmbH and SCHULE Mühlenbau, known for their superior-quality products, competitive pricing, and exceptional customer service.

Given its status as the world’s most populous nation and the presence of a growing middle class, China presents lucrative opportunities for businesses operating in the rice mill machine market seeking to expand their market presence.

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Key Companies

  • Zhengzhou Taizy Machinery Co., Ltd
  • Taizy
  • Flour Tech
  • Rising Industries
  • Mill Master Machinery Private Limited
  • SATAKE
  • Alvan Blanch Development Company
  • Savco Sales

Temperature Sensor Market Size Surges to US$ 10,782.6 Million by 2032

The global temperature sensor market is poised to achieve a substantial milestone, reaching a projected value of US$ 10,782.6 million by the culmination of 2032. Temperature sensors find extensive application across various sectors including system components, laboratory processes, electronic equipment, medical devices, automotive, construction, and more, facilitating the measurement, indication, and monitoring of temperature in diverse environments encompassing solids, liquids, and gases.

Significant advancements and innovations in their usage and applications have propelled the temperature sensor industry forward in recent years, benefiting from increased demand across industries and consumer applications. According to FMI, the temperature sensor market is currently estimated at US$ 7,077.5 million in 2022, with a projected compound annual growth rate (CAGR) of 4.3% expected from 2022 to 2032.

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Growth Factors

The temperature sensor market has witnessed robust growth, supported by a healthy compound annual growth rate (CAGR), attributed to rapid technological advancements and their diverse applications across various industries.

Temperature sensors offer numerous advantages, including durability, accuracy, and low power consumption. The increasing demand for portable healthcare equipment, driven by the rise in diseases and the need for continued monitoring systems, along with the emergence of new sensor applications, is expected to foster significant growth opportunities for temperature sensors in healthcare and medical applications.

Furthermore, temperature sensors are gaining traction in manufacturing and process industries such as oil and gas, petrochemicals, and food and beverage. They play a crucial role in sensing, maintaining, and monitoring required temperatures for processes, storage, and working environments, addressing concerns related to overheating, corrosion, and ensuring optimal operational conditions.

Key Companies

  • ABB Limited
  • Analog Devices
  • Texas Instruments
  • Honeywell International
  • Robert Bosch GmbH
  • NXP Semiconductors N.V.
  • Maxim Integrated
  • Amphenol
  • Global Mixed Mode Technology
  • Sensirion

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Airless Packaging: Hallmark for User-friendly Design to Contain Beauty Products: Market Anticipated to Expand at 4.7% CAGR

Airless Packaging Market
Airless Packaging Market

The global airless packaging market is predicted to register a CAGR of 4.7% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 5.9 billion in 2023 to US$ 9.5 billion by 2033 end.

The airless packaging industry has high scope for expansion in the forecast period. This can be attributed to the ground-breaking innovations taking place in the market. Companies are now developing sustainable airless packaging that help reduce environmental impact and carbon footprint. For instance, APC PACKAGING has come up with a patented airless refillable system. The newest innovation incorporates a replaceable and disposable inner cartridge, thereby taking a significant move towards sustainability. This innovation is cost-effective and easy to use, which, in turn, is expected to boost its adoption among various brands.

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The rising adoption of airless packaging for better functionality and extra value to the consumer experience is expected to push market growth. Airless technology helps eliminate the risk of contamination, loss of fragrance, prevents evaporation, and financial waste as the product construction allows consumers to utilize 98%+ of the product. This technology is gaining prominence in the packaging of beauty products, from cosmetics to skincare. Even leading dermatologists are in favor of this technology. As a result, brands in huge numbers are turning towards airless technology for its user-friendly design methods.

Top Highlights from the FMI’s Analysis of the Airless Packaging Market: 

  • The United States airless packaging industry is projected to witness significant market share over the oncoming years. The market in the region is being driven by the thriving beauty and personal care industry. Along with this, surging population of working women is also showcasing purchasing pattern that reflects preference for premium quality cosmetics.
  • The China market is projected to assume rapid pace over the forthcoming years. The market is being propelled by the inflating levels of GDP in the country. Growing inclination towards natural and organic products is also catalyzing demand for airless packaging.
  • The plastic-made airless packaging, on the basis of materials, is expected to maintain its market dominance in the years to come. Leading share of plastic can be credited to its favorable attributes, such as easy to mold, affordable, and light weight.
  • Based on packaging type, bottles and jars hold sizeable share of the market. The structure of these products helps easy integration of airless pumping mechanisms. Jars and bottles are highly preferred due to their low cost and significant aesthetic appeal.

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Stay Up-to-date with Recent Market Developments as Observed by FMI

  • In June 2022, Seacliff Beauty launched mono-material airless packaging, which is metal-free, consisting of 100% polyethylene (PE) that allows easy collection, recycling, and disposal. The sugarcane PE is another option for packaging. This innovation comes in three variations.
  • In December 2022, APC PACKAGING introduced in-stock airless AWP pump to meet the surging demand for custom version.
  • In October 2022, LUMSON S.p.A and PUSTERLA collaborated to develop XPaper, an airless pouch technology. This system is made of cardboard and is 100% recyclable.

Airless Packaging Market Outlook by Category

By Packaging Type:

  • Bottles
  • Jars
  • Tubes

By Material:

  • Plastic
  • Glass

By Dispensing Systems:

  • Pumps
  • Dropper
  • Twist & Clicks

By Region:

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

About Future Market Insights Inc. (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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

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
LinkedInTwitterBlogs | YouTube

Aluminum Cans Market : FMI Estimates a Valuation of US$ 92.31 Billion for the Industry by 2033 | FMI

Aluminum Cans Market
Aluminum Cans Market

According to Future Market Insight, the global aluminum cans market is projected to reach a value of US$ 92.31 billion by 2033, registering a CAGR of 4.7%. This is a significant surge from its estimated value of US$ 58.31 billion in 2023.

Aluminum Cans Market Demand Analysis

The rise of closed-loop recycling practices has opened a new opportunity for the rapid adoption of aluminum cans in the packaging industry. Aluminum has emerged as the preferred material for canning food and merchandise in various regions around the world.

Aluminum cans are a packaging material with numerous advantages. These advantages include infinite recyclability, long shelf life, lightweight, convenience, improved durability, and corrosion resistance. They offer enhanced product protection against oxygen, light, moisture, and other factors, making them increasingly popular for canned products.

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The market is driven by the rising consumer preference for packaged and processed food, particularly among working individuals. Canned vegetables, for example, retain freshness and nutrients, ensuring the year-round availability of seasonal goods. Cost-effectiveness and a wide variety of options also attract consumers.

The market has also evolved in response to the growing demand for sustainable and environmentally friendly beverage packaging. Craft beer packaging has played a leading role in this trend, with aluminum widely used for canning microbrew beers due to its strong ecological track record. This has made a significant contribution to the aluminum cans industry expansion.

Aluminum cans are also increasingly used for non-food items like cosmetics, pharmaceuticals, oil, and chemicals, further boosting their demand in various sectors. Leading market players are investing in expanding production capacity. The aim is to meet the growing demand for sustainable products. The paints and coatings industry has played a notable role in driving this demand for aluminum.

Global efforts to reduce plastic pollution are promoting the adoption of aluminum in packaging. Regulatory measures in developing and developed economies have incentivized the use of aluminum cans across industries, fueling market growth. Brands in developing economies have increasingly recognized the sustainability benefits of aluminum. This has played a significant role in driving the momentum of the aluminum cans sector.

Regional Analysis of the Aluminum Cans Market

North America and Europe have emerged as profitable markets for the aluminum cans industry. There has been a growing trend of consumers preferring canned beverages. Consumers prefer canned beverages over other packaging formats. The convenience of canned drinks drives the preference. Portability is another factor contributing to the choice of canned beverages. This shift in consumer preferences has further fueled the demand for aluminum cans. The demand for aluminum cans is mainly generated by the beverage sector. Carbonated soft drinks, beer, energy drinks, and other non-alcoholic beverages are critical contributors to market growth.

Asia Pacific is rapidly demonstrating itself as an appealing market. The increasing population and rising disposable incomes in countries like China, India, and Southeast Asian nations have led to a greater demand for packaged beverages. This, in turn, drives the demand for aluminum cans as a preferred packaging solution. Additionally, there is a growing awareness of the environmental benefits of aluminum cans compared to other packaging materials. As sustainability becomes an important consideration for consumers and brands, the demand for aluminum cans has increased.

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Key Takeaways from the Aluminum Cans Market:

  • The aluminum cans industry in the United Kingdom is anticipated to rise, exhibiting a CAGR of 2.8% through 2033
  • The United States held an 18% share of the global aluminum cans industry in 2022
  • With a CAGR of 6.5% over the forecast period, India is predicted to develop rapidly in the aluminum cans industry
  • In 2022, Japan had a 5.8% share of the aluminum cans industry globally
  • The aluminum cans industry in China is expected to increase, registering a CAGR of 6.0% over the forecast period
  • Germany accounted for 6.1% of the global aluminum cans industry in 2022

Competitive Landscape in the Aluminum Cans Market

Key industry participants embrace diverse approaches to sustain their market standing and expand their international presence. Manufacturers aim to offer aluminum cans at lower prices through efficient production processes and economies of scale. They differentiate their aluminum cans through unique features, sizes, designs, and eco-friendly materials.

Manufacturers also focus on specific beverage industries or segments, tailoring their products and marketing to meet unique needs. They intend to expand their presence in different regions through partnerships or acquisitions to access new markets.

They invest in research and development to introduce new features and manufacturing techniques to meet evolving consumer demands. They also collaborate with suppliers, distributors, or industry players for increased market reach and shared resources.

Recent Developments by Leading Market Players

In June 2022, Ball Corporation announced the release of its newest aluminum aerosol can. The company claims it to be the most environmentally friendly option on a global scale. The can boasts a carbon footprint that is 50% lower compared to a standard can. This achievement aligns with Ball’s 2030 science-based targets and its goal of attaining net-zero emissions by 2050.

In January 2022, French water company Evian made a notable move towards sustainability by launching the “Evian Sparkling” beverage. The packaging for this product represents a significant step in the eco-friendly direction. Customers can now find the beverage in aluminum cans and bottles made exclusively from recycled PET plastic. This action is in line with Evian’s pledge, made back in 2018, to transition to more sustainable packaging and work towards becoming a circular brand by 2025.

About Future Market Insights Inc. (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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

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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BRICS Disposable Hygiene Products Demand to surge at an 11.9% CAGR from 2024 to 2034, reaching US$ 21,892.60 million- FMI Report

BRICS Disposable Hygiene Product Industry
BRICS Disposable Hygiene Product Industry

It was estimated that the disposable hygiene product market in the BRICS would reach US$ 6,353.80 million by 2023. The industry is projected to be valued US$ 7,106.50 million by the end of 2024. The BRICS disposable hygiene product market is projected to develop at a rate of 11.90% CAGR during the course of the forecast period, reaching a value of US$ 21,892.60 million by 2034.

Customers’ capacity to pay and demand for these products has expanded due to rising disposable incomes along with an expanding middle class. Disposable hygiene products are becoming more and more popular due to urbanization and changing lifestyles.

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Demand is also influenced by public awareness campaigns and government measures that promote sanitation and hygiene. The COVID-19 pandemic in 2020 has increased the emphasis on health and hygiene globally, which has sped up the expansion of this sector in the BRICS countries.

Key Takeaways from the Market Analysis

  • Throughout the projected period, the disposable hygiene product market in Brazil is anticipated to expand at a 6.7% CAGR.
  • Russia’s market for disposable hygiene products is expected to increase at a 5.2% CAGR from 2024 and 2034.
  • Over the course of the projected period, the disposable hygiene product market in India will likely rise at a 14.7% CAGR.
  • From 2024 to 2034, the disposable hygiene product market in China is projected to advance at a 13% compound annual growth rate.
  • Over the course of the forecast period, the disposable hygiene product market in South Africa is expected to increase at a 14.5% CAGR.
  • By 2024, the market for feminine hygiene products is predicted to have grown to 40.6% of the total market share.
  • The flexible packaging market is projected to grow to 16.40% of the BRICS market in 2024.

“The expanding consumer base as well as demand for disposable hygiene products in the BRICS disposable hygiene products industry are being driven by educational programs that raise public awareness and acceptance,” remarks an FMI analyst.

Competitive Landscape

Prominent companies allocate resources towards research and development in order to launch innovative and high-end disposable hygiene products that provide superior comfort, increased functionality, and improved quality. Due to the increased value that consumers are ready to pay for, these products frequently fetch higher price points. Companies can take advantage of the premium market segment and increase their profit margins by bringing innovations and premium goods.

Companies that prioritize profits look for ways to grow their markets both domestically in the BRICS nations and internationally. Companies can increase the diversity of their revenue streams by expanding into new areas or nations with comparable demographics and hygienic requirements. Having a global presence enables businesses to capitalize on developing regions where demand for disposable hygiene products is growing, significantly increasing their profitability.

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Key Players:

  • Dispowear Sterite Company
  • Kimberley Clark Corporation
  • Disposable Hygiene Products Ltd
  • BOSTIK SA
  • BAHP
  • UNICHARM Corporation
  • Kao Corporation
  • Procter & Gamble Company
  • Svenska Cellulosa Aktiebolaget SCA (publ)

Key Developments

  • In 2022, Kimberly-Clark Professional has launched its ICON™ dispenser line, which features a first-of-its-kind dispenser with replaceable and customized faceplate options to add sophistication and practicality to business washrooms. The ICON dispenser offers style, cutting-edge technology, simplicity, and a human-centric experience; in contrast to other dispensers, which are created with the paper in mind, the ICON dispenser is designed with the servicer, facility manager, and end user in mind.
  • In 2023, Kotex®, owned by Kimberly-Clark, launched the higher-end, superior Kotex Prohealth+ sanitary pad in India. Kotex returned to the Indian market in May 2022 with their inventive Overnight Period Panties collection. Kotex has made a comeback with its most recent product, Kotex Prohealth+, which allows users to #ChooseItAll without compromising or surrendering their hygienic protection. Kotex had been absent for eight months.

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Segmentation Analysis of the BRICS Disposable Hygiene Product Industry

By Age Group:

  • Adult Care
  • Feminine Care
  • Baby Care

By Product:

  • Nappies
  • Diapers
  • Toilet Paper
  • Wipes
  • Sanitary Protection
  • Kitchen Towels
  • Paper Tableware
  • Cotton Pads and Buds

By Packaging:

  • Rigid
  • Flexible

By Country:

  • Brazil
  • Russia
  • India
  • China
  • South Africa

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the BRICs disposable hygiene product industry, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the BRICS disposable hygiene product industry, the market is segmented on the basis of age group (adult care, feminine care, baby care), product (nappies, diapers, toilet paper, wipes, sanitary protection, kitchen towels, paper tableware, cotton pads and buds) and packaging (rigid and flexibe) across five countries (Brazil, Russia, India, China and South Africa).

About the Consumer Product Division at Future Market Insights

The consumer product domain at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 billion+ data points, the team has been analyzing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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:        

Nandini Singh Sawlani  

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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Grab and Go Bottles Bottles Market is to Grow to US$ 133.7 Billion by 2033, New sustainability initiatives are driving adoption at a 5% CAGR

Grab and Go Bottles Market
Grab and Go Bottles Market

The market for grab and go bottles is predicted to record a 5% CAGR between 2023 and 2033. The market is projected to generate US$ 82.1 Billion in 2023 and US$ 133.7 Billion by 2033. Until then, the market was growing, with a market size of US$ 78.2 Billion in 2022.

Manufacturers of grab and go bottles use a variety of innovative procedures, including aseptic technology, to assist in preventing external contamination during packaging. As a result, manufacturers might make and market ready-to-drink products that are more useful. Additionally, consumers are choosing single-serve drinking bottles, which are anticipated to be a crucial factor in the rise of the global grab and go bottles market.

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Preference for Grab and Go Bottles is a Growing Trend in Advanced Economies

The expanding trend of food and beverage consumption while on the road is anticipated to accelerate grab and go bottles market expansion during the anticipated timeframe.

Utilizing this trend, packaging businesses are investing considerably in enhancing their production processes. In industrialised nations, including the United States, Germany, Japan, and the United Kingdom, consumer demand for grab and go bottles are considerable.

Increase Market by Using Packaging that is Environmentally Friendly and Customer-Focused

Bottles that can be quickly taken and recycled are useful. The grab and go bottles market is therefore anticipated to grow over the following 10 years. Grab and go bottle manufacturers are switching to recyclable materials like R-PET as consumers become more aware of the drawbacks of consuming plastic products.

What Should Grab and Go Bottles Makers Keep an Eye Out For?

Glass is more expensive and less resilient to shock than plastic, which will reduce the market’s development rate. The development of the market for grab and go bottles will be significantly hampered by the effects of the pandemic on the supply chain. The use of plastics is subject to strict restrictions and regulations, which will slow the market’s expansion for grab and go bottles.

Regional Insight

According to predictions, the European region will continue to dominate the global grab and go bottles market. This can be attributed to the region’s increased fizzy beverage consumption.

North America is expected to grow during the period of the forecast due to the rising demand for grab and go bottles from end-use industries and the presence of significant essential players in this region.

Key Takeaways

  • With a CAGR of 4.8%, the U.S. is anticipated to dominate the North American market. By 2033, the US market will have grown to US$ 25.7 Bn.
  • By 2033, sales in the U.K. are projected to total about US$ 5.9 Bn, rising at a CAGR of 3.7%.
  • The market for grab and go bottles in China is predicted to be the most lucrative, with sales growing at a 5.9% CAGR to reach US$ 24.8 Bn by 2033.
  • Plastic is predicted to increase quickly in terms of material type, expanding at a CAGR of 4.2% over the projection period.
  • The beverage segment is anticipated to hold the biggest share in terms of end use, growing at a 6.2% CAGR throughout the assessment period.
  • Sales of grab-and-go bottles in Japan are expected to increase at a 5.0% CAGR to reach US$ 4.7 Bn by 2033, making this sector very profitable.

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Competitive Landscape

To address the increased demand for grab and go bottles across various end use industries, prominent manufacturers are focusing on expanding their manufacturing capacity. Additionally, in order to achieve sustainability goals and strengthen their global footprint in the grab and go bottles market, several businesses are striving to collaborate and use zero-waste packaging.

Recent Development

Date Company Strategy Details
October 2021 Amcor plc Collaboration The launch of a sustainable cooking oil bottle made entirely of recycled material in Columbia was announced by Alianza Team, a high-tech solutions supplier for the food industry, in October 2021. The product launch will help businesses expand their selection of sustainable packaging.
January 2021 Amcor plc Introduction Amcor plc announced the introduction of its single-serve plastic bottles for dairy products in January 2021. These bottles use cutting-edge barrier technology to keep the contents fresh for up to 90 days, shield the food from harmful ultraviolet (UV) radiation, and preserve the original flavors.

About Future Market Insights Inc. (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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

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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Facial Steamer Market with a projected US$ 1,189.40 billion Market Valuation by 2034 owing to rising skincare and health-conscious individuals worldwide.

Facial Steamer Market
Facial Steamer Market

The global facial steamer market is likely to jump from US$ 448.1 million in 2023 to US$ 1,189.40 billion by 2034. This projected expansion is anticipated to result from a remarkable 9.50% CAGR in the demand for the facial steamer market over the upcoming decade.

Consumers are increasingly looking for ways to achieve salon-quality skincare results at home. Facial steamers are a convenient and affordable way to deep clean and revitalize the skin and are expected to drive the market in the forecast period.  Manufacturers are constantly introducing new and innovative facial steamers with features such as aromatherapy, temperature control, and automatic shut-off. These advanced features are making facial steamers more appealing to consumers and are expected to create lucrative opportunities for the market in the forecast period.

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Facial steaming is no longer just a women’s beauty ritual. Men are increasingly using facial steamers to improve their skin health. Portable facial steamers are easy to use and travel with, making them a popular choice for busy consumers. Social media platforms such as Instagram and YouTube are playing a major role in driving the popularity of facial steamers. Influencers are sharing their positive experiences with facial steamers, which is expected to create immense opportunities in the market.

Companies are expanding their presence into new markets in the various regions. Companies are forming strategic partnerships with beauty influencers and retailers to expand their reach and increase brand awareness is expected to drive the market in the forecast period.

Key Takeaways from the Facial Steamer Market

  • The global Facial Steamer Market is estimated to register a CAGR of 9.50% with a valuation of US$ 1,189.40 billion by 2034.
  • The United States is anticipated to dominate the global market by registering an 8.40% CAGR during the forecast period.
  • With 8.80% CAGR, China is significantly driving the global market by 2033.
  • Japan is anticipated to secure a CAGR of 9.70% in the global market during the forecast period.

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Key Players and Strategies for Success in the Facial Steamer Market

In recent years, there has been a surge in investment and collaboration within the industry, with venture capital firms and businesses. These strategic partnerships and financial investments aim to accelerate research and development, scale production, and expand market reach.

Recent Developments

  • In 2022: Panasonic launched the steamer named Nano Ionic Steamer EH-SA39 that steam is to penetrate deeper into the skin for better hydration.
  • In 2022: Conair introduced Facial Sauna and Steam included aromatherapy and added features that allow users to add essential oil to their steam for a premium experience.
  • In 2022, HoMedics launched the Total Facial Care Steamer with Aroma Tray, which features a three-in-one function that can be used for steaming, cleansing, and exfoliating.

Facial Steamer Market Key Players

  • Beurer GmbH
  • Secura
  • Revlon
  • Belsin Outdoors, LLC
  • Ivation
  • Panasonic
  • Conair
  • Homedics
  • Pure Enrichment
  • BeautyPro

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Key Segments

By Type:

  • Face Steam Inhaler
  • Face Steam Aromatherapy
  • Face steam vaporizer
  • Hand Held Facial Steamer

By Application:

  • Beauty parlor
  • Household/Home use
  • Salons
  • Health and Wellness Centres
  • Spas
  • Hospitals

By Region:

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

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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:        

Nandini Singh Sawlani  

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
LinkedInTwitterBlogs | YouTube