Pupillometer Market is likely to hold a valuation of U US$ 809.56 Million by 2033

The global Pupillometer market demand is expected to see abundant growth prospects over the projected period, with a total CAGR of roughly 7.7% from 2023 to 2033. The Pupillometer is currently anticipated to be worth roughly US$ 385.56 Million in 2023. The Pupillometer market is expected to reach a peak of US$ 809.56 million by 2033. The latter is thought to be superior when comparing digital and video Pupillometers. These methods are effective at capturing a wide range of pupillary responses. Furthermore, the video Pupillometer records bilateral pupil responses to monocular visual stimuli using infrared high-definition video cameras.

Furthermore, these Pupillometers can record both spontaneous and evoked pupillary light reactions simultaneously. Another important factor driving greater interest in video automatic Pupillometers is their recent regulatory approval. As a result, numerous notable Pupillometer manufacturers are adding cutting-edge technology such as an LED light source, a high-precision infrared camera, and a powerful computer. As a result of the increasing demand caused by these qualities, the market expands.

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In addition, video Pupillometers are faster and more convenient than digital Pupillometers. Automatic Pupillometers eliminate the possibility of human mistake that might come with manual methods. As a result, there is an increase in demand for video Pupillometers, which propels market expansion. As a result of these advantages, these devices are frequently employed in clinical practise.

Key Takeaways

  • As the Pupillometer market expands, so does the use of computers and the internet in the invention of new products. Pupilometers provide user-friendly features such as binocular and monocular measurements, as well as the X81705’s infinite vision distance setting, which is both entirely manually adjustable. The X81705 also offers automated off/on capabilities and digital readouts with a resolution of 0.5 nm.
  • The automated Pupillometer market is growing as more people seek alternatives to the traditional method of pupil measuring due to safety concerns. According to a 2016 study published in the American Journal of Critical Care, neurological nurses and critical care providers are constantly underestimating pupil size and measuring pupil reactivity incorrectly, leading the authors to conclude that the use of an automated Pupillometer medical device is a necessary tool for more effective and timely diagnostics.
  • The considerable increase in global prevalence of eye disorders is driving increasing demand for Pupillometers. According to a 2017 study by the International Council of Ophthalmology, the number of people with moderate or severe visual impairment is expected to rise from 217 million to over 588 million by 2050.
  • Pupilometers are in high demand for a variety of disorders, including ophthalmic-related illnesses induced by continuous use of digital electronics such as TVs, smartphones and tablets, laptops, video games, and PCs. While demand for Pupillometers continues to rise, market growth is being stifled by a shortage of trained personnel to operate cutting-edge devices.
  • Over the forecast period, the global Pupillometer market is expected to grow due to a dramatic increase in the incidence of neurological diseases. As a result of technical advancements, a new generation of Pupillometers has emerged, as have advanced medical equipment. Pupillometers are responsible for improving diagnostic accuracy and assisting doctors in identifying brain problems. With such attributes, the global Pupillometer market is predicted to exhibit abundant growth potential.

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Competitive Landscape

There are numerous international and domestic players within the Pupillometer industry which are making the market fiercely competitive. In order to maintain a competitive edge over the global Pupillometer market and expand product offerings, key market players are implementing market strategies like the introduction of new, ground-breaking items as well as mergers, collaborations, and acquisitions.

Key Players

NeurOptics Inc., Essilor Group (Essilor Instruments), Visionix, US Ophthalmic., NIDEK SA, HAAG-STREIT GROUP, Reichert Inc., Konan Medical USA Inc., Good-Lite Company, Grobet USA

More Insights into the Pupillometer Market

North America is anticipated to dominate the global Pupillometer market as it accounted for over 26.3% of the global revenue. The growth of the region is attributed to the region’s largest population and high incidence of neurological and eye illnesses. Pupillometry’s widespread applicability in the United States is another factor that should boost sales.

Europe is expected to surge with a lucrative growth opportunity with an 8.8% of CAGR between 2023 to 2033. Growth of the region is surging in Europe due to the rising prevalence of neurological illnesses, the Pupillometer is finding more and more uses. In addition to that, technical advancements have led to the creation of a Pupillometer for the next generation, which is more advanced than the medical devices of the past.

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Key Segments in the Pupillometer Market

By Mobility:

  • Table-top
  • Hand-held

By Type:

  • Video
  • Digital

By End-use:

  • Hospitals
  • Eye Clinics
  • Others

By Application:

  • Ophthalmology
  • Neurology
  • Oncology
  • Others

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Non-Alcoholic Steatohepatitis Clinical Trials Market Forecast 2022 to 2032 | By Pfizer, Novartis AG, Icon Plc, LabCorp, Allergan

According to Future Market Insights, the Global Non-Alcoholic Steatohepatitis Clinical Trials Market size will be worth approximately US$ 2.6 billion in 2022. However, the market is expected to grow significantly between 2022 and 2032, with a projected growth rate of 7%, which is higher than the historical increase. Phase 3 is estimated to be the highest revenue-generating sector in the Non-Alcoholic Steatohepatitis Clinical Trials Market, with a CAGR of 11.2% from 2022 to 2032.

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Market for Non-Alcoholic Steatohepatitis Clinical Trials from 2017 to 2021 in terms of revenue In contrast to the Demand Forecast for 2022 to 2032

According to Future Market Insights, a market research and competitive intelligence provider, the market value of this disease increased at a compound annual growth rate (CAGR) of about 6.2% between 2017 and 2021, with the United States, the United Kingdom, China, and Japan accounting for a sizable portion of the global market.

Furthermore, technological advancements, an ageing population, an increase in the prevalence of chronic diseases, and an increase in surgical procedures are key drivers of the expansion. As a result, the market for clinical trials for non-alcoholic steatohepatitis is predicted to increase at a CAGR.

How did the market for Non-Alcohol Steatohepatitis Clinical Trials perform during the pandemic?

Trials were suspended due to decreased patient participation in clinical research and supply chain issues induced by the epidemic. In contrast, virtual participants and COVID-compliant screening permitted select organisations to complete the trials. Novartis, for example, conducted a phase two trial of a specific medication for non-alcoholic steatohepatitis after the drug was designated as a breakthrough treatment in the United States. In 2021, semaglutide will be started in patients with non-alcoholic steatohepatitis (NASH) in phase 3a. The results of a phase two proof-of-concept investigation in NASH were reported by Novo Nordisk and Gilead Sciences. In the United States, NASH is the second most common reason for a liver transplant. NASH has also been associated to hepatocellular carcinoma.

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The results of a phase two proof-of-concept study in NASH were revealed by Nordisk and Gilead Sciences. The second most common reason for liver transplants in the US is NASH. Several studies have found a connection between NASH and hepatocellular cancer growth.

Analysis by country

The USA Clinical Trials for Non-Alcoholic Steatohepatitis: Market Research

NAFLD is one of the most common chronic liver diseases in the United States. In the United States, approximately 20% of adults are estimated to have NASH, while approximately 25% are thought to have NAFLD. Given these troubling statistics, the Non-Alcoholic Steatohepatitis Clinical Trials market in the United States is expected to grow at a 7.5% CAGR from 2022 to 2032, reaching a value of US$ 1.9 billion.

Because to pathologist bias, it can be difficult to divide patients into discrete fibrosis phases in NASH trials. Sagimet Biosciences is using digital histopathology in its Stage IIb non-alcoholic steatohepatitis (NASH) inquiry to achieve more accurate and consistent biopsy analysis. Histological imaging of biopsy samples is used in digital pathology for NASH, which is then analysed using artificial intelligence (AI) to detect fibrosis abnormalities. TVB-2640 is being studied in the Phase IIb FASCINATE-2 trial (NCT04906421) by Sagimet and HistoIndex, a Singapore-based diagnostic firm.

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Market Segments Covered in Non-Alcoholic Steatohepatitis Clinical Trials Market Analysis

By Study Design:

  • Interventional
  • Observational
  • Expanded Access

By Phase:

  • Phase 1
  • Phase 2
  • Phase 3
  • Phase 4

By Region:

  • North America
  • Latin America
  • Asia-Pacific (APAC)
  • Middle East and Africa (MEA)
  • Europe

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Portable Dishwasher Market is Projected to Reach USD 1.5 Billion by 2027 | FMI

The portable dishwashing market is estimated at USD 1.1 billion in 2022 and is projected to reach USD 1.5 billion by 2027, at a CAGR of 4.7% from 2013 to 2021. Share of portable dishwasher market in its parent market (kitchen appliances market) is approximately ~0.2%-0.4%.

The multi-modal operability and smart selection cycle are driving consumer desire for portable dishwashers. Along with reduced noise, water and power use, affordability will continue to be a key demand factor for portable dishwashers.

The portable dishwasher market also benefits from its simplicity of use and low maintenance needs.

Global Portable Dishwasher Market Outlook Compared To 2022-2027 Forecast

During the past few years, the buying patterns of the consumers has changed drastically. While buying any product the main focus of the consumer is towards comfort, convenience, compactness and technological advancement of the products.

The supply side participants are also trying to come up with products which minimize human efforts and at the same time provide better efficiency to the consumers. Portable dishwasher is one such electronic appliance.

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Portable dishwasher is a necessity for the people in developed countries but is still a luxury for the people living in most of the developing countries. Time is a luxury these days which lead the consumers to incline towards products which are useful in reducing their efforts and at same time helping them to carry out daily life processes.

Economic Price Point & Compact Design Become Paramount

Automation of dishwashing is gradually gaining ground across emerging Asian and Middle Eastern countries, owing to which portable dishwasher sales are likely to observe steady growth in coming years.

A majority of portable dishwasher manufacturers continue to focus on developing compact, economic, and time & space efficient models. While customers in developed regions prefer premium, high-performance portable dishwasher models over budget models of portable dishwasher, the contrasting case in developing economies is pushing adoption of medium- and low-priced portable dishwasher models.

With more than 2X of portable dishwasher units sold in commercial sector, the residential sector is registering healthy adoption of portable dishwasher. However, portable dishwasher has been experiencing improving penetration in commercial applications recently, which is in turn bolstering revenue growth of portable dishwasher market.

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Accounting for around half of the total revenue of portable dishwasher market, medium price remains the most favored range among portable dishwasher customers. Based on the dishwashing capacity, customer preference for portable dishwasher models with 5-10 place setting is likely to be higher over those with 10-15 place setting, which can be attributed to compact size and lower price point associated with the former.

The report estimates portable dishwashers with 5-10 place setting capacity to hold nearly 70% market share in 2022.

While exclusive and multi-brand stores contribute a massive share in the sales of home appliances such as portable dishwasher, the portable dishwasher market revenue is anticipated to discover higher growth opportunities in the online retail segment. FMI projects healthy annual growth in online sales of portable dishwasher market in 2022 and ahead.

Europe Largest Customer Base for Portable Dishwasher ManufacturersEurope, reportedly the largest portable dishwasher consumer region, accounts for a whopping collective share in the global market revenue, with North America. While this value share equates over 3/4th of the total revenue generated through portable dishwasher sales globally, the report forecasts higher annual growth prospects for North America’s portable dishwasher market.

Moreover, Asian countries are registering moderately growing adoption of portable dishwasher, making Asia Pacific (excluding Japan) the third largest consumer of portable dishwasher market.

With a large number of multinational and regional players, the global landscape of portable dishwasher is fairly fragmented. However, global appliance giants including Samsung Electronics Co. Ltd., The Whirlpool Corporation; Smeg S.p.A., IFB Industries Limited, Asko Appliances AB, and Haier Group Corporation hold a major revenue share, indicates research.

As suggested by the competition analysis included in the report, manufacturers of portable dishwasher and other appliances prefer to maintain their strategic focus on high energy efficiency during new product launches. Regional players are also seeking ENERGY STAR certifications to promote their portable dishwasher models.

The report tracks portable dishwasher market performance over an eight-year forecast period, 2022-2027. Expecting a healthy CAGR of 5.5% through 2027, FMI projects an overall positive growth outlook for global portable dishwasher market in the years to come.

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Global Portable Dishwasher Market By Category By Capacity :

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

By Application :

  • Residential
  • Commercial

By Price Range :

  • Under US$ 50
  • US$ 50 – US$ 100
  • US$ 100 – US$ 200
  • Above US$ 200

By Sales Channel :

  • Wholesalers/ Distributors
  • Multi-brand Stores
  • Exclusive Stores
  • Online Stores
  • Other Sales Channel

By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Shoe Insert Market is Expected to Have a CAGR of 5.4% by 2033 | Future Market Insights, Inc.

The shoe insert market is predicted to be worth US$ 42.38 billion in 2023, and rise to US$ 71.68 billion by 2033. Initially, the global market was expanding at a CAGR of 4.3% between 2018 and 2022.

This market expansion is primarily attributed to an increase in consumer knowledge of the health advantages of shoe inserts. Increased foot and posture-related issues, as well as a growth in the demand for personalized shoe inserts, all contribute to a great market share.

The growing trend towards producing shoe inserts from biodegradable and eco-friendly materials is anticipated to fuel market expansion. Demand for shoe inserts is rising as a result of the advent of technologically improved products that offer support and comfort for the arch.

It is also anticipated that the market is likely to benefit from the rising demand for orthopedic shoe inserts, particularly among senior individuals who experience joint discomfort and arthritis.

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

Key Takeaways

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

Key Strategies in the Industry

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

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

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

Key segments

By Material Type:

  • Polymer
  • Plastic
  • Rubber
  • Carbon Fiber
  • Silicon

By Product Type:

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

By Size (US):

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

By Consumer Orientation:

  • Men
  • Women
  • Kids

By Sales Channel:

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

By Region:

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

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact 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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LED Light Bar Market is Likely to Grow at a CAGR of 4.7% Through 2027 | FMI

The LED Light Bar Market is valued at US$ 950 Million in 2021. The market is likely to grow at a CAGR of 4.7% through 2027, reaching US$ 1.25 Billion. In 2021, the single row LED bar segment holds account for nearly 50% of market value and rise at a CAGR of 4.3% through 2027.
Below 100W segment holds nearly 37% of market share in 2021.Use of LED light bar for events & shows will continue to be largest market revenue generator, accounting for nearly 40% of all sales.

  • Huge advantages of energy efficiency associated with LED lighting
  • Consistent R&D investments to improve performance with better phosphors and other materials
  • Higher adoption of LED lighting as a potential substitute for traditional light sources
  • Automakers and construction engineers seeking innovations in the LED light system

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Single Row LED Light Bars Accounted for Half the Sales in 2018

According to the FMI survey, single row LED light bars accounted for roughly 5 out of 10 LED light bars purchased in 2018. Single luminaire preference is increasing, which bodes well for single row LED light bar sales. While single row LED light bars are predicted to expand at a rate of 4.1 percent in 2019, two-row or dual-row LED light bars will have the second highest sales in the market.

Preference for single and dual-LED light bar remains limited to application with small to mid-sized areas such as residential and commercial spaces whereas application of triple row or quad row can be found at larger public places or private event areas.

Combo Beam Pattern Top Selling, Accounting for Over 6 in 10 LED Light Bars

The study finds that sales of LED light bars with combo beam pattern registered over one-third of the global LED light bar market revenues in 2018. With that over 6 in 10 LED light bars to be sold in 2019 will be with combo beam pattern. Demand for LED light bars with combo beam pattern remains highly consolidated in off-road heavy-duty automobiles and some specialized applications.

Flood and spot beam patterns collectively accounted for nearly one third of the market revenue in 2018. However, demand for flood beam pattern in LED light bar remains higher as compared to LED light bars with spot beam pattern.

Application in Events and Shows Continues to Surge

FMI opines that 4 in 10 LED light bars were sold for the application in events and shows in 2018. Use of LED light bars remains higher in events and shows as stakeholders seek cost-saving and energy-efficient ways to optimize the overall cost structure. The demand trend in events and shows application is likely to continue in the future wherein growth of 4% is projected in 2019.

Automotive is another lucrative application segment for LED light bars wherein automakers are vying to introduce innovative as well as appealing designs of LED light bars. With a 4% growth rate, nearly 3 in 10 LED light bars are expected to be sold in the automotive sector in 2019.

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Low Power Rating – A Key Influencing Factor

The FMI study estimates that over 3 in 10 LED light bars sold in 2018 were with power rating below 100 W. Manufacturers in the market offer LED light bar of 100 w of lower power rating with high luminaire, compact design, power options and versatile mounting. As these low power rating LED light bars fit well in the tight requirements of end-users in terms of cost saving and energy efficiency, their sales are expected to grow steadily in the future.

Manufacturers in the LED light bar market offer power rating ranging from below 100 W to above 300 W. The study finds that sales of 101-200 W LED light bars is expected to grow rapidly in coming years as demand for greater illumination in single luminaire continues to rise.

APEJ Spearheads LED Light Bar Sales

The FMI study reveals that APEJ continues to witness significant demand for LED light bars. In 2018, the region accounted for 4 in 10 LED light bars sold across world regions. While Europe represents the second largest demand for LED light bars, Latin America, despite lower sales, is projected to witness increasing demand and grow at 4% in 2019.

Sales of LED light bars continue to rise steadily in developing countries wherein demand aggregation remains no more limited to the residential or automotive sector but extends to public sectors on the back of increasing energy requirements.

Multinational players are relatively highly concentrated in the global LED light bar market as compared to local & regional manufacturers of LED light bars

The global LED light bar market has a large number of regional and multinational companies, whose detailed profiles are also included in global LED light bar market report to assess their key product offerings, strategies and recent developments.

Some of the key players included in the global LED light bar market study include Eaton Corporation (Halo commercial), Globe Electric Company, Inc., Cree, Inc., Osram GmbH, Herbert Waldmann GmbH & Co. KG, Rigid Industries, Inc., Trailequip Ltd., Baja Designs, Inc., KC HiLiTES Inc., Gold Crest, LLC (Lux LED), NTE Electronics, Inc., Showtech Electronics LLC, Larson Electronics LLC, HIGHLITE INTERNATIONAL BV, Tough Industries Limited, Innotec, Corp., Linmore LED Labs, HEISE LED lighting systems, Hubbell Lighting, Inc. and Auxbeam Lighting Co.

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Key Segment

On the basis of configuration

  • single row
  • double row
  • triple row
  • quad row

On the basis of beam pattern

  • flood
  • spot
  • combo lights

On the basis of application

  • events & shows
  • automotive
  • restaurants & bars
  • charter & boats

On the basis of power rating

  • below 100W
  • 101-200W
  • 201-300W
  • above 300W

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
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Natural Cosmetics Market is Estimated to Reach at US$ 48.4 Billion in 2023 | Report by FMI

As per Future Market Insights (FMI) estimates, the global natural cosmetics market will amass a revenue of US$ 79.6 Billion by 2033, with sales growing at a modest compound annual growth rate (CAGR) of 5.1% from 2023 to 2033. This market will reach US$ 48.4 Billion by the end of 2023. The demand for natural cosmetics will continue to grow as consumers become more health conscious and environmentally aware. Hence, surging demand for organic and plant-based products along with greater availability of natural cosmetic products on mainstream retail channels will fuel the growth of the natural cosmetics market in the upcoming years.

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

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

Find an overview of market size and forecast along with the research methodology. The Sample report is available in PDF format.

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

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

Key Takeaways:

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

Competitive Landscape:

In a competitive environment, leading market players are focusing on product innovation and development to expand their product portfolio and cater to the growing demand. These businesses are keen on utilizing unique strategies to differentiate from the competition. In a recent development, in 2021, Global Bioenergies introduced a new cosmetic ingredient that is naturally sourced isododecane which can be used in different skincare and haircare products.

L’Oréal SA, Amway Corporation, Beiersdorf, Chanel SA, Clarins Group, Kao Corporation, Benefit Cosmetics LLC, Coty Inc, and Mary Kay Cosmetics, among others, are a few of the key players in the natural cosmetics market profiled in the full version of the report.

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Market by Category:

By Product Type:

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

By Consumer Orientation:

  • Male
  • Female
  • Unisex
  • Baby & Kids

By Packaging:

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

By Sales Channel:

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

By Region:

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

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More Insights into Natural Cosmetics Market:

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

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

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

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Furniture Polish Market is Likely to Grow at a CAGR of 5% through 2027, Reaching US$ 13.1 Billion | Says FMI

The furniture polish Market is valued at US$ 9.7 Billion in 2021. The market is likely to grow at a CAGR of 5% through 2027, reaching US$ 13.1 Billion by 2027. Aerosols are the largest product type segment, accounting for nearly 43% of all sales in 2021.

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

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

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Emphasis on Innovation and New Product Launches by Furniture Polish Companies

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

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

Mergers and Acquisitions – A Key Factor Driving Value Sales

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

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

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Market Research Methodology – Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

Internet Penetration – A Key Influential Macroeconomic Factor Driving Market Growth

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

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

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

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

Some of the key players profiled in the global furniture polish market study include Altana, Cleenol Group Ltd., Liberon Limited, Reckitt Benckiser Group plc (Old English), S.C. Johnson & Son, Inc. (Pledge), The Sherwin-Williams Company, PPG Industries Inc., Akzo Nobel N.V., Axalta Coating Systems, Masco Cabinetry, LLC, RPM Wood Finishes Group, Blend well Chemicals, Milsek Furniture Polish Inc., Golden Star Inc., Blanchon UK Ltd, Movac Group, Chestnut Products, Teknos (UK) Ltd, Symphony Coatings Group Ltd and Bona US.

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Exploring the Growing Demand for Metal and Metal Oxide Nanoparticles: A Market Overview

The global metal & metal nanoparticles market is anticipated to register remarkable growth over the projection period ranging from 2022 to 2032. The global market is expected to reach a valuation of US$ 29,958.8 Mn by the year 2022 and Sales prospects of Metal & Metal Oxide Nanoparticles are expected to expand CAGR of 11.6% and to top a valuation of US$ 89,894.6 Mn by 2032. Rising awareness about health, hygiene & well-being is the major factor propelling the demand for personal care products, which in turn is expected to boost the demand for metal & metal oxide nanoparticles.

In the wake of surging desire for personal care products, the global metal & metal oxide nanoparticles market is projected to directly affect the personal care & cosmetics sector. There is a drastic surge in the number of new nanoparticle characterization products attributed to the global expenditure on nanotechnology research rises. The global metal and metal oxide nanoparticles market is expected to grow rapidly in the coming years.

Owing to the rapidly expanding application scopes of metal nanoparticles, metal nanoparticles are widely used within end-use industries such as pharmaceuticals and healthcare, personal care and cosmetics, chemicals, transportation, and others. According to the current estimations, the market growth for personal care products & pharmaceuticals drugs is expected to bolster the demand for Metal & Metal Oxide Nanoparticles during the projected period.

Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-508 

Key Takeaways

  • Several types and forms of nanomaterials are employed in the cosmetics business. It is a fact that rapid evaluation of a rising number of nanostructures is taking place owing to the advancements in research and development activities in the cosmetics sector.
  • For several companies, it has been a clear goal to find the best suitable and affordable nanomaterials in order to employ them in aesthetic applications. As opposed to cosmetics made on a smaller scale, nanoparticle-based products have certain distinct benefits.
  • The cosmetics industry uses nanoparticles (NMs) in order to achieve more stability and long-lasting effects. There is a large surface area of nanoparticles which is why the active components can be transported more effectively into the skin. New color components, transparency (like in sunscreens), and long-lasting effects (like in nail paint and lipstick) are other major applications of nanoparticles in cosmetics.
  • During the utilization process of NMs, the ultimate objective of the cosmetics industry is to administer the appropriate dosage of chemicals to the targeted body areas and to achieve long-term stability. NMs are now used frequently in skin care products, specifically, as UV filters in sunscreens.
  • Owing to the rising global spending on nanotechnology research, there is a quick surge in the number of novel nanoparticle characterization products. Several nations across the globe are now investing significant public funds in nanotechnology research and development initiatives. Hefty public investments were made in the business throughout the past decade. The U.S. makes considerable investments in the study of nanotechnology.

Competitive Landscape

The global metal & metal oxide nanoparticles market is an immensely fragmented market with the presence of dominant market players all over the world. Key players are concentrating on expansion & partnership activities to boost their sales & global footprints. While other key players are concentrating to enhance their regional as well as global presence.

Key Companies Profiled in Metal & Metal Oxide Nanoparticles Market include American Elements, U.S. Research & Nanomaterials Inc., Nanoshel LLC, Meliorum Technologies Ltd, Nanostructured & Amorphous Materials, Inc., Nanophase Technologies Corporation, Showa Denko KK, NanoComposix Inc., Tekna Systèmes Plasma Inc., Sigma-Aldrich Co LLC, Shanghai Huzheng Nanotechnology Co., Ltd

More Insights into the Metal & Metal Oxide Nanoparticles Market

The United States is anticipated to dominate the North American region attributed of the better healthcare infrastructure & high investment in the healthcare segment. An important benefit of using nanoparticles for medical applications comprises their capacity to transport active ingredients. One advantage of this is that therapeutic molecules can be anchored to their surface due to their large surface area. The Metal & Metal Oxide Nanoparticles market in the U.S. is expected to reach about US$ 15,128.3 Mn by end of the year 2032.

European cosmetics and personal care market is anticipated to go alongside the U.S. The largest national market for cosmetics and personal care products within Europe is Germany according to Cosmetics Europe Association. Therefore, the Metal & Metal Oxide Nanoparticles market in Germany is expected to expand at a CAGR of 14.1% during the forecast period.

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Metal & Metal Oxide Nanoparticles Market Segmentation

By Type:

  • Metal Nanoparticles
    • Titanium
    • Silicon
    • Aluminum
    • Iron
    • Gold
    • Copper
    • Silver
    • Magnesium
    • Platinum
    • Zinc
    • Others
  • Metal Oxide Nanoparticles
    • Titanium Oxide
    • Bismuth Oxide
    • Zinc Oxide
    • Magnesium Oxide
    • Aluminum Oxide
    • Iron Oxide
    • Copper Oxide
    • Tungsten Oxide
    • Others

By End-use:

  • Chemicals & Coatings
  • Pharma & Healthcare
  • Transportation
    • Automobile
    • Marine
    • Aviation
  • Personal Care & Cosmetics
  • Electrical & Electronics
  • Defense
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Global Decorative Paints Market: An Overview and Growth Forecast

According to a detailed study by Future Market Insights (FMI) it has been estimated that the decorative paint market value is expected to surpass US$ 57.8 Bn in 2021. Growing construction of residential, commercial, and institutional buildings is expected to drive market growth. The market is likely to witness a growth of 4.3% CAGR during the coming assessment period of 2021 and 2031.

FMI also forecasts the global decorative paints market to register year-on-year growth of 4.0% in 2021. Surging demand for interior decorations, renovating residential houses, coupled with urbanization, industrial growth, and expansion of infrastructure are some of the factors driving the decorative paints industry.

Considering this, FMI has projected the market valuation to reach US$ 87.8 Bn by 2031 end. The decorative paints market represented nearly 40% of sales in the paints and coatings industry in 2020.

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Key Takeaways

  • Urbanization is contributing significantly to sales of domestic consumer products at a stable CAGR of 4.3% over the forecast period, from 2021 to 2031.
  • The introduction of low VOC paints has been among the primary product innovations in the paints industry. A higher focus on sustainability will fuel demand for VOC paints in the decorative paints market.
  • Rapid urbanization, improving the standard of living, and the growing interest of customers in improving the aesthetic appeal of their homes and residential buildings have led to increasing demand for decorative paints.
  • Powered with high disposable income, consumers’ demand preference has shifted to paints with highly resilient characteristics along with a modern taste of aestheticism.
  • Growing construction of residential, commercial, and institutional buildings is expected to drive market growth.
  • Expansion of the construction sector will continue boosting decorative paint sales in India, China and GCC countries. As per FMI, the demand for decorative paints will be especially high in the Middle East and Africa, Eastern Europe, and the Asia Pacific.

Competitive Landscape

Akzo Nobel N.V., Sherwin – Williams Company, PPG Industries, Inc., Asian Paints Limited, NIPSEA GROUP (Nippon Paint), Valspar Corporation, Jotun, BASF-SE, Berger Paints India Limited, RPM International Inc., KANSAI Paints Co., Ltd. are some of the key companies profiled in the full version of the report.

Key market participants are focusing on mergers and acquisitions strategies, coupled with product development by investing in research and development to boost their market presence. Some of them are emphasizing increasing the production capacity to enhance their annual turnover.

More Insights into the decorative paints market

In 2021, the U.S. decorative paints market is expected to grow by 4.1% year on year. Revenue generated in the market will be pushed by a high rebound in construction projects. Growth in the construction of residential and commercial buildings will continue pushing the demand for decorative paints.

Driven by the implementation of stringent regulations and changing consumer preferences, sales of low VOC paints are expected to pick up in the U.S.

The decorative paints industry in India is expected to register a CAGR of 5.2% throughout the forecast period. The growth potential is huge looking at the need for housing and the increasing number of people investing in housing units.

A considerable rise in the construction of high-rise buildings in metropolitan cities coupled with urbanization is boosting decorative paint sales in India. An increase in disposable income also is driving the growth of the market.

China is estimated to remain a key manufacturer and consumer of decorative paints, accounting for about 70% of the overall decorative paint consumption in East Asia in 2021. Rapid development in the building and construction and infrastructure sectors is boosting sales of decorative paints in China.

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Decorative paints Market by Category

By Product Type:

  • Water based paints
  • Solvent based paints

By Formulation:

  • Emulsion based paints
  • Distemper

By Application:

  • Interior Paints
  • Exterior Paints

By Sales Channel:

  • Online
  • Offline

By Price

  • Premium
  • Medium
  • Economical

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Future Market Insights Inc.
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Growing Demand for Biobased Biodegradable Plastics: Market Outlook and Forecast

Biobased biodegradable plastics are an innovative solution to the problem of plastic waste pollution. Unlike traditional plastics made from non-renewable fossil fuels, biobased biodegradable plastics are made from natural materials such as corn starch, sugarcane, or vegetable fats and oils. These materials are renewable, biodegradable, and can be sustainably sourced, making them an environmentally friendly alternative to traditional plastics.

Biobased biodegradable plastics are designed to break down naturally over time, through a process called biodegradation. This process occurs when microorganisms such as bacteria or fungi break down the plastic into its natural components, such as water, carbon dioxide, and biomass. Biodegradable plastics can also be composted, further reducing their impact on the environment.

However, it is important to note that biobased biodegradable plastics are not a complete solution to the plastic waste problem. They still require proper disposal and management, as they will not break down properly if they are not disposed of in the right way. Additionally, there are concerns about the impact of biobased biodegradable plastics on food security and the use of agricultural land for plastic production.

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Regional Bio-based Biodegradable Plastics Markets to Demonstrate an Impressive CAGR till 2020

Europe leads the global bio-based biodegradable plastics market, followed by North America. The two major markets contributed approximately 70% to the global bio-based biodegradable plastics market revenue in 2014. The European bio-based biodegradable plastics market is relatively mature due to early adoption of these materials compared to other regions.

North America is the second-largest market and is estimated to demonstrate robust double-digit growth between 2014 and 2020. On the other hand, the bio-based biodegradable plastics market in Latin America is expected to demonstrate the highest growth rate at a CAGR of 22.6%, followed by Asia Pacific at a CAGR of 20.7% in terms of value. The cumulative market share of Latin America and Asia Pacific is anticipated to improve by around 400 basis points by the end of the forecast period.

Japan is another prominent market for bio-based biodegradable plastics, characterized by product innovation through substantial investments into R&D activities. “Manufacturers in the bio-based biodegradable plastics market in Japan are consistently introducing new products, and creating a trend that is being followed by manufacturers in developed markets such as the U.S., Germany and France. The bio-based biodegradable plastics market in Japan is projected to demonstrate a slightly sluggish growth rate as compared to other APAC countries during the forecast period”, said Essien Jae.

In terms of application, the packaging sector accounts for the largest share of the global bio-based biodegradable plastics market and is largely driven by Europe. Other key application sectors include fibres, agriculture and medical.

On the basis of product type, the market is broadly segmented into polyester, starch blends, poly lactic acid (PLA), poly hydroxyalkanoates (PHA) and cellulose. However, apart from the abovementioned types, there are other product types, which were cumulatively estimated to account for around 20% of the overall market value in 2014. Polyester and PLA product types are estimated to dominate the global bio-based biodegradable plastics market, as both types were cumulatively estimated to account for over 60% of the total market value in 2014.

Further more, the starch-blend segment of the bio-based biodegradable plastics market is expected to demonstrate a slightly sluggish CAGR compared to polyester and PLA throughout the forecast period.

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Key Segment

On the basis of product type

  • polyester
  • starch blends
  • poly lactic acid (PLA)
  • cellulose
  • polyhydroxyalkanoate (PHA)
  • other biobased biodegradable plastics

On the basis of application

  • packaging
  • fibres
  • healthcare
  • agriculture
  • others

On the basis of region

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

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