Hair Styling Products Market Share, Size, Revenue, Latest Trends, CAGR Status, Growth Opportunities and Forecast 2029

Hair Styling Products Market is expected to reach US$ 22.37 Bn in 2022, likely to surge at a vigorous 5.2% CAGR during the assessment period. The global cosmetic industry has been surging at a higher rate over the past couple of years. In the cosmetic industry, the hair care segment accounts for a larger customer base in the global market.

An increasing number of consumers, especially the millennial population, are now more conscious about their looks and appearance, especially when it comes to hairstyling.

This has boosted the demand for various hair styling products across the globe. Various hair styling products are available in the market, which provide the results desired by customers. Hair gels, hairsprays, styling creams, hair mousse and others are among the various types of hair styling products available in the market.

The global hair styling products market has come a long way in terms of product offerings due the continuous launch of new products by major manufacturers of hair styling products.

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With the varying needs and demands of target customers, various hair styling products manufacturers are aiming at introducing customised hair styling products in the global market. As a result, customisation is the new trend in the global hair styling products market. Owing to the rising preference of customers for organic and natural products, various manufacturers of hair styling products focus on introducing products that contain natural ingredients.

For instance, in 2017, Crème of Nature announced the launch of a new line of hair styling products that claim to contain various natural ingredients. In 2014, CURLS hair Care Company announced the launch of one of the main types of hair styling products, i.e. natural hair creams, under its own brand name for the North America market. In 2016, French hair styling products conglomerate L’Oreal announced the launch of hair styling products, which include hair creams as well as hair spray, for the Indian market.

Promotional strategies are among the key strategies being adopted by various manufactures of hair styling products. Celebrity branding is considered to be one of the key marketing strategies that effectively influences the minds of customers, especially the millennial population, which helps drive the demand for various hair styling products. Other than celebrity branding, hair styling product companies adopt various types of marketing campaigns to gain traction, which include advertising campaigns, digital marketing, etc.

The global hair styling products market has witnessed a higher rate of Internet penetration. The e-commerce channel has now become the preferred platform for customers with regards to buying any kind of consumer goods.  Thus, e-commerce is an influential component responsible for the growth of the global hair styling products market over the forecast period.

Moreover, various manufacturers of hair styling products have been aiming at promoting their products through various online channels, which showcase their features much more effectively. Major hair styling product companies consider online channels among the key marketing tools for gaining customer trust as well loyalty.

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Key Players in the Hair Styling Products Market Detailed profiles of companies in the hair styling products market are also included in the global hair styling products market report to evaluate their strategies, key product offerings and recent developments. Some of the key players profiled in the global hair styling products market study include Procter & Gamble, L’Oreal, Unilever plc, Shiseido Company, Amorepacific corporation, Flora, Ltd., Kao Corporation, Henkel AG & Company, Godefroy Manufacturing Company, Swallowfield plc, Shu Uemura Art of Hair, Vogue International LLC, CURLS(R), LLC, Ouai haircare, Redken, Scental Pacific, Delta Laboratories Pty Ltd., Natrocare Laboratories, Mizani and Mielle Organics LLC.

Key Segments Of Hair Styling Products Market Industry Survey

Hair Styling Products Market by Product:

  • Hair Gels
  • Hair Sprays
  • Styling Creams & Waxes
  • Hair Mousse
  • Others

Hair Styling Products Market by End Use:

  • Household
  • Salons & Spas
  • Fashion Industry

Hair Styling Products Market by Gender:

  • Male Hair Styling Products
  • Female Hair Styling Products
  • Unisex Hair Styling Products

Hair Styling Products Market by Sales Channel:

  • Wholesalers/Distributors
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores and Online Stores

Hair Styling Products Market by Region:

  • North America Hair Styling Products Market
  • Latin America Hair Styling Products Market
  • Europe Hair Styling Products Market
  • East Asia Hair Styling Products Market
  • South Asia & Pacific Hair Styling Products Market
  • Middle East & Africa (MEA) Hair Styling Products Market

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Baby Toiletries Market Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Regional Forecast to 2027

The baby toiletries market is valued at US$ 10.6 Bn in 2021. It is set to grow at 4.9% CAGR through 2027.

The global baby toiletries market has been surging in terms of value sales over the past couple of decades, and this can be attributed to growth in the demand for various baby care products around the globe, which include baby toiletries.

With a rise in the number of parents concerned about the hygiene of their new-born babies, the manufacturers of baby toiletries have been specially focusing on catering to the needs and demands of their target customers. This has resulted in a tremendous evolution in the baby toiletries market in terms of product offerings and the quality of the base material that is being used for production of baby toiletries.

According to a market report published by Future Market Insights titled ‘Baby Toiletries Market: Global Industry Analysis 2013-2018 and Opportunity Assessment 2019-2027,’ the revenue generated from baby toiletries is estimated to be valued at over US$ 8,457.7 Mn in 2017, which is projected to increase at a CAGR of 4.9% during the forecast period (2019-2027).

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With a rise in the premiumisation trend, the manufacturers of baby toiletries as well as customers are focusing more on value and the quality of products and not on the price. As a result, the global baby toiletries market is entering into various untapped segments such as the organic market.

In 2016, Johnson & Johnson one of key player in baby toiletries market, re-launched its baby care business owing to the fact that progressive parents are more in favour of organic products. The company is now more inclined towards using natural and organic products as ingredients for the production of baby toiletries.

Owing to an increase in the demand for various baby toiletries products, several major manufacturers in the global baby toiletries market have been aiming at expanding their operations in international markets, whereas other players in the baby toiletries market have been introducing new & innovative baby toiletries from time to time. For instance, in 2017, Unilever group’s Dove brand launched a new line of baby toiletries.

In the following year, Procter & Gamble launched a new line of natural baby care products including several baby toiletries under the brand name of Pampers Umbrella. In 2016, Kimberly-Clark, one of the marquee players in the global baby toiletries market, expanded its manufacturing facility in Singapore by two new lines for the production of baby toiletries such as Huggies baby wipes and diaper pants, with the help of advanced and automated technology.

In 2011, the Kimberly – Clark announced the establishment of a Global Innovation Centre in Bogota, Colombia, the first facility of its kind in the region, in the view of introducing with new and innovative baby toiletries.

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Moreover, increasing population and rise in the adoption of e-commerce for selling products globally has led to a surge in the growth of B2C businesses in various domains. Over the years, there has been a drastic change in consumer behaviour, and an increasing number of consumers are seeking products online, and purchasing various products, such as FMCG products, clothes, baby toiletries and others, through e-commerce.

As a result, majority of baby toiletries companies have started using the online channel as a platform to promote as well as sell their products. For instance, in 2010, Procter & Gamble went online by launching its own website ‘eStore site,’ which sells as well as provides detailed specifications of its baby toiletries and other product offerings.

Similarly, Huggies Philippines, another key player in baby toiletries market, launched the ‘Expert Panel,’ a new online consultation portal designed to guide new and experienced moms through their maternity and motherhood phase with expert advice on baby care.

Hence, the online channel has been considered to be one of the influential factors driving the demand for the global baby toiletries market. In 2018, Beiersdorf, one of the key players in the baby toiletries market, announced its alliance with a leading Chinese online retail platform, NetEase Kaola, to promote its baby toiletries in the global market.

Key Players in the Baby Toiletries Market

Detailed profiles of baby toiletries companies are also included in the global baby toiletries market report to evaluate their strategies, key product offerings and recent developments. Some of the key players profiled in the global baby toiletries market study include The Procter & Gamble Company; Johnson & Johnson Consumer Inc.; Kimberly-Clark Corporation; Artsana S.p.A.; California Baby; Unilever group (Dove); Beiersdorf, Inc.; Galderma Laboratories, L.P.; Nature’s Baby Organics; Laboratoires Expanscience; Weleda, Inc.; DR. Fischer Ltd.; Earth Mama Organics; DCS Group (UK) Limited; Wordsworth UK Limited; Premier English Manufacturing; DeltPak Pty Ltd.; Ekko International Pty Ltd.; Ampar International and Premier Care Industries.

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Baby Toiletries Market Key Segment

By Based on product type

  • baby shampoo
  • baby wipes
  • baby toothpaste
  • baby bath additives
  • baby soaps

By Based on potential end users

  • new born
  • infants
  • toddlers

By Based on sales channel

  • distributors/wholesalers
  • hypermarket/supermarket
  • specialty store
  • convenience store
  • online retailer

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Water Sink Market Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Regional Forecast to 2027

The water sink market is estimated at US$ 45.9 Bn in 2022 and is projected to reach US$ 52.9 Bn by 2027, at a CAGR of 2.5% from 2013 to 2021.

Over the years, the global water sink market has evolved tremendously in terms of product offerings and quality. With a stream of smartphones and upgraded electronic equipment gaining traction among the target segments, the global water sink market is striving to offer efficient services.

In the premier segment, the new generation of smart sinks provide additional services such as the dispensing of liquid soap and water, drying out one’s hands, etc. The AER-DEC Integrated Sink System by Sloan is an example of a smart water sink that is being designed to be efficient as well as hygienic.

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The consumers of today are more inclined to nature-based interior designs that give the perception of a more spacious and authentic look from the inside. Hence, most water sink manufacturers are aiming at creating nature-oriented water sink products for households as well as commercial segments.

For instance, vessel water sinks and traditional farmhouse water sinks have become among the most preferred water sink products among target customers. Hand-carved stone on water sinks provide a splendour touch to the products and provide a lasting impression in the minds of consumers.

As customers are confused while choosing the colours of water sinks, there has been an increase in the preference for monochrome style kitchens and bathrooms, which keep the black and white colours consistent. Matte black is another upcoming colour used in bathroom faucets, hardware as well as water sink products as it provides an overall natural and luxurious look.

Key Takeaways from the Water Sink Market Study

  • Consumers want to keep the interiors of their homes looking good to spread positive energy, therefore they maintain the interiors of their kitchens and bathrooms as well to improve comfort and cleanliness.
  • As a consequence, installing modernised water sinks in bathrooms and kitchens aids in meeting the varied tastes and requirements of target clients.
  • Online platforms provide for the advertising of goods and services as well as their simple delivery to the intended clients, therefore this sales channel is predicted to grow.
  • Additionally, it is anticipated that the worldwide market for water sinks would see an increase in sales due to technical improvements in the industry.

Impact of COVID-19 on the Market

The COVID-19 epidemic impacted various industries worldwide, even the kitchen fixtures industry. The kitchen fixtures market saw a decline in demand in the mid-months of 2020, due to government restrictions imposed globally, furthermore closure of manufacturing plants disrupted the overall supply chain.

However, despite of the slowdown in the initial months of the year 2020, the kitchen fixture market saw a surge in demand during the last months of 2020 due to increasing commercial as well as residential projects. Besides this, the growing penetration of disease further encouraged the government organizations especially in the developing countries, to take hygiene factor into serious consideration in various public areas.

The government bodies have already proposed the installation of public toilets and other fixtures wherever necessary. Thus the installation of such public toilets and bathroom are likely to trigger demand for various water sink products especially drop-in water sinks.

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Who is winning?

Leading manufacturers of water sink are focused on aggressive promotional strategies and advertisements that have driven sales growth of water sink globally.

Major players present in the water sink market are Blanco America, Inc., Crown Products (Kent) Limited, Elkay Manufacturing Company, Franke Kitchen Systems, LLC, Huida Sanitary Ware Co., Ltd., JULIEN INC., Kohler Co. (Sterling), Kraus USA INC., LIXIL Corporation (American Standard Brand), Moen Incorporated, Mountain Plumbing Products, Roca Sanitario, S.A., ROHL LLC., Schock GmbH, Stern-Williams Co. Inc., among others.

Global Water Sink Market By Category

By Product Type :

  • Drop-in Water Sink
  • Pedestial Water Sink
  • Top Mount Water Sink
  • Undermount Water Sink
  • Wallmount Water Sink
  • Others

By Base Material :

  • Fireclay
  • Stainless Steel
  • Cast Iron
  • Copper
  • Quartz
  • Others

By End Use :

  • Household
  • Commercial
    • Foodservice
    • Healthcare
    • Hospitality
    • Corporate & Government Offices
    • Educational Institutes
    • Public Toilets
    • Shopping Malls
    • Clubs &Resorts
    • Others

By Sales Channel :

  • Wholesalers/ Distributors
  • Specialty Stores
  • Multi-brand Stores
  • Direct Sales
  • Online Retailers
  • Other Sales Channel

By Region :

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

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

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Professional Gear Bags Market Key Leaders Analysis, Segmentation, Growth, Future Trends, Demands, Emerging Technology by Regional Forecast to 2028

According to Future Market Insights (FMI), the professional gear bags market is estimated to reach a size of US$ 18,110.8 Mn in 2022 and grow at a CAGR of around 4.8 percent through 2028. As technology progressed, manufacturers of professional gear bags updated their offerings and introduced smart gear bags to the market.

Customers’ feedback is being analysed, and smart bags with capabilities such as GPS monitoring, mobile app connection, and other functions are being introduced to make the user’s experience more reliable, controllable, and easy. The youngest generations are regarded to be the most technologically advanced. These individuals have witnessed numerous scientific breakthroughs and developments.

New items have grabbed this generation. The folks that are most interested in having smart gear bags with them are the millennials. Smart gear bags contain charging ports, USB ports, and cable ports, making them ideal travel accessories for business trips, office trips, travel, vacations, industrial visits, and so on.

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Key Takeaways from the Professional Gear Bags Market Study

  • Players in the market are focusing on adopting various marketing strategies such as celebrity endorsement, marketing campaigns, expanding digital presence to connect directly to customers. These factors are likely to accelerate the growth of the global professional gear bags market in the near future.
  • In terms of product type, the business traveller carry-on bags segment is estimated to account for the relatively highest value share in the professional gear bags market. The segment is expected to remain dominant during the forecast period.
  • Europe showcases lucrative opportunities for the professional gear bags industry. Many famous costmaries practices like tea parties and dance gala are originated from Europe and people travel all around the world to be part of these classy events.

Impact of COVID-19 on the Market

As a result of the pandemic outbreak, manufacturers faced numerous challenges. Players faced several operational issues as a result of the advent of a novel coronavirus. The impact of covid-19 was felt not only on the supply side, but also on the demand side. Retailers intended to digitalize their procedures and take a more customer-centric approach in order to improve their financial situation. One of the key demand side factors that influenced sales growth was the decline in involvement in outdoor recreation activities.

Who is winning?

Garmin Ltd., Jeppesen Sanderson, Inc., Aviation Supplies & Academics, Inc., Samsonite IP Holdings S.ar.l, VF Corporation, LVMH group, VIP Industries Ltd., ACE Co., Ltd., The Vitec Group PLC, The Tiffen Company, LLC, Go Professional Cases Inc., 5.11 Tactical, Blackhawk!, Fechheimer Brothers Company, Beretta Corp., Oakley Inc., Drago Gear,

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Key Global Professional Gear Bags Market by Category Covered

By Product Type:

  • Recreational Shooter Gear Bags
  • Business Traveller Carry-on Bags
  • Police Patrol Gear Bags
  • Aviation Pilot Bags
  • Emergency Gear Bags
  • Emergency Responder Bags
  • Camera Bags
  • Drone & Quads Bags
  • Others

By Price Range:

  • Premium (Above US$ 150)
  • Medium (US$ 50-US$ 150)
  • Low (Below US$ 50)

By Casing Type:

  • Hard Side
  • Soft Side

By Material Type:

  • Nylon
  • Plastic
  • Polyester
  • Leather
  • Others

By Sales Channel:

  • Distributors/Wholesalers
  • Hypermarket/Supermarket
  • Specialty Store
  • Convenience Store
  • Online Retailer
  • Others

By Region:

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

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

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Mechanical Locks Market Key Leaders Analysis, Segmentation, Growth, Future Trends, Demands, Emerging Technology by Regional Forecast to 2031

The mechanical locks market is expected to reach a valuation of approximately US$ 6.5 Bn, expanding at 4% CAGR over the forecast period 2021 to 2031.

Electronic door locks are increasingly getting popular because they eliminate the need for keys and provide automated features such as remote locking and unlocking. The locks can be controlled and monitored with a smartphone application.

These locks come in many variants, comprising coded-entry locks, smartphone-operated locks, biometric door locks, and key card/proximity cards. Electronic locks offer a myriad of benefits such as easy access in the dark, remote access, additional security, and an automatic time-based locking feature.

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Stainless steel mechanical locks are more durable and sturdier and provide optimal protection against harsh environmental factors and wear and tear.

Consumers are increasingly preferring stainless-steel locks over mechanical locks made of other materials due to their cost-effectiveness and easy availability.

Besides this, sales of grade 1 mechanical locks are expected to soar as this grade of locks offers maximum protection. Further, demand for mechanical locks in the U.S. is expected to remain high over the assessment period. The country is anticipated to dominate the North America mechanical locks market, owing to increasing adoption of tubular and two-way locks, along with rising demand for advanced locking systems in recreational spaces.

Key Takeaways:

  • Demand for mortise locks is expected to soar through 2031, owing to high durability and easy accessibility.
  • Grade 1 mechanical locks will remain highly sought-after as they offer the highest degree of protection and can be fitted in all door types.
  • In terms of applications, the external facilities segment is projected to account for the maximum market share of the total mechanical locks market.
  • Based on material, sales of stainless-steel mechanical locks are expected to rise at a steady pace through 2031.
  • The U.S. is expected to dominate the North America mechanical locks market, due high demand for advanced security systems in residential and recreational spaces.
  • The U.K. will continue exhibiting high demand for mechanical locks from the hospitality sector for improved security.
  • China will emerge as a lucrative pocket, accounting for a dominant share in the East Asia mechanical locks market.
  • Japan and South Korea will account for 35% and 21% of the total mechanical locks market share respectively.

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Competitive Landscape

Serrature Meroni Spa, DOM Security, Codelocks Inc., ECO Shulte GmbH & Co. KG, ASSA ABLOY AB, The Eastern Company, Dormakaba Holdings AG, Yale Security, Inc. Winkhaus Austria GmbH, Allegion Plc., Spectrum Brands, Inc., August Bremicker Söhne KG, Draper Tools Ltd, EVVA Sicherheitstechnologie GmbH, and Nuova Oxidal SRL are among some of the leading players operating in the global mechanical locks market.

Top 5 players in the mechanical locks market are expected to account for 10-15% of the total mechanical locks market share over the forecast period.

Leading players operating in the global mechanical locks market are aiming at product portfolio expansions through research and development. Apart from this, players are investing in mergers, acquisitions, collaborations, and partnerships to expand their global footprint. For instance:

  • In August 2021, Dormkaba signed an agreement to acquire Australian Reliance Doors and Best Doors Australia Groups (RELBDA), a leading provider of garage doors, automatic openers, industrial doors, and related hardware like mechanical locks.
  • In September 2020, Mul-T-Locks Group announced its plans to establish a subsidiary in the UAE with an investment of approximately US$ 1.5 Mn.

Mechanical Locks Market by Category

By Product Type:

  • Mortice
  • Cylindrical
  • Tubular
  • Interconnected
  • Deadbolt

By Material:

  • Aluminum
  • Stainless Steel
  • Copper
  • Steel

By Application:

  • Doors
  • Furniture
  • Suitcase
  • External Facility
  • Bicycles

By Grade:

  • Grade Level 1
  • Grade Level 2
  • Grade Level 3

Region:

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

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Baby Bath and Shower Product Market Size, Future Trends, Growth Key Factors, Demand, Share, Application, Scope, and Opportunities Analysis by Outlook 2031

The baby bath and shower products market outlook remains positive with sales projected to rise at 6.5% CAGR between 2021 and 2031, despite a period of subdued growth in 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights (FMI). The research study tracks baby bath and shower product sales in 20+ countries, offering a lucid analysis on how growth trend will unfold.

Biotechnology expertise is being used by the players to build high-performance baby bath and shower products, attracting a large number of customers. The use of such expertise is prominent in the highly competitive industry with great investment in research and development facilities.

For example, Massey Medicinals Company offers the ‘Candida Freedom’, a handcrafted product line, which includes biodegradable soaps and bath salts. These products contain probiotic lactospore, a Sabinsa Corporation-developed bacillus coagulans strain.

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

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

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

Key Takeaways from the Baby Bath and Shower Products Market Study

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

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Impact of COVID-19 on the Market

  • The global COVID-19 pandemic has caused a surge in demand for personal cleansing products internationally. People resorted to panic buying and stockpiling at some point.
  • However, the closing of retail outlets, restrictions on pricing and marketing, and curfews in many countries around the world had resulted in lower sales volumes.
  • Furthermore, germ-protecting, anti-septic bathing products, and medicinal products are in high demand among consumers. Therefore, manufacturers are working hard to meet this demand.
  • Sanitation has become a vital aspect of virus prevention, and as a result, demand for baby care products is increasing.

Who is Winning?

Some of the key players present in the baby bath and shower products market are Kimberly Clark, Johnson & Johnson’s Company, Procter & Gamble, Unilever, Wipro, Burt’s Bees, Avon Products, Inc., Beiersdorf AG, Loreal SA, Chicco, Babyganics, Himalaya, Sebapharma, Weleda, and Green People among others. Aggressive promotional strategies, advertisements, and new product launches have driven sales growth of baby bath and shower products globally.

Get Valuable Insights into Baby Bath and Shower Products Market

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

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Global Baby Bath and Shower Product Market by Category

By Product Types:

  • Shampoo
  • Conditioner
  • Soap and shower gel
  • Others

By Price:

  • Premium baby care products (>US$ 50)
  • Mass baby care products (US$ 0-US$ 50)

By Sales Channel:

  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Wholesalers & Distributors
  • Other Sales Channels

By Region:

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

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

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Perfumes Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2031

According to a recent report by Future Market Insights (FMI), the perfume market is expected to reach a valuation of US$ 35 Bn in 2021, expanding at a steady 4% CAGR through 2031.

Shifting consumer preference towards natural ingredients in perfumes that offers a unique and soothing aroma is encouraging product developments by manufacturers, thereby augmenting growth of the market.

Rapid urbanization, along with increasing adoption of smartphones has led to more awareness regarding various side effects caused by the undisclosed chemical used in perfumes. In addition to this, rising adoption of perfumes among old-age customers is encouraging manufacturers to use natural ingredients with a pleasant aroma.

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The aforementioned factors are spurring demand for renewable ingredients in perfume manufacturing. Moreover, players are initiating the use of microbial-based natural ingredients in perfumes to increase the spray quality and cater to the demand from environment and health-conscious consumers.

Key Takeaways:

  • Based on the product type, sales of Eau Fraiche are expected to increase at a 4% CAGR over the forecast period.
  • In terms of nature, demand for natural perfumes is projected to surge at a 5% CAGR.
  • Sales of unisex perfumes are expected to grow at a 3% CAGR through 2031.
  • Based on sales channels, the online retailing segment is projected to expand at a 4% CAGR over the forecast period.

Who is winning?

Leading players operating in the perfume market are Estee Lauder Companies Inc., LVMH Moet Hennessey Louis Vuitton, Coty Inc., L’Oréal S.A., Eliabeth Arden Inc., Shiseido Co Ltd., Puig SL., Perfumania Holdings Inc., Avon Products Inc., Hermes International S.A., Natura Cosmetics S.A., Channel S.A., Clarins, Revlon Inc., and Givaudan among others.

As per FMI, top 5 players are projected to account for 15-20% of the total market share.To gain a competitive edge, are investing in promotional strategies marking techniques. For instance:

  • In 2020, Sisleys’s signature fragrance Eau du Soir returned, and the company launched their limited edition infused with delicacy and poetry. The unique scent reflects the sky’s glow to pay homage to the chypre floral notes responsible for the success of Eau du Soir.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global perfume market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.

The study divulges compelling insights on the perfume market based on the product type (Eau de Parfum, Eau de Toilette, Eau de Cologne, and Eau Fraiche), nature (natural & synthetic), by end-use (men, women, & unisex), sales channel (wholesalers/ distributors, hypermarkets/ supermarkets, specialty stores, multi-brand stores, independent drug stores, online retailers and others), across each of the seven major regions.

Global Perfume Market by Category

By Product Type:

  • Eau de Parfum
  • Eau de Toilette
  • Eau de cologne
  • Eau Fraiche

 By Nature:

  • Natural
  • Synthetic

By End-Use:

  • Men
  • Women
  • Unisex

By Sales Channel:

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

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

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India Ready to Mix Food Market Trends, Size, Growth Insight, Share, Competitive Analysis, Regional and global Industry Forecast

The India Ready to mix food market will expand at a CAGR of 15.7% and reach a valuation of US$ 284.4 Mn by 2020.

Consumer convenience is the key factor driving the India ready to mix food market. Additionally, increase in working women population due to increased standards of education, high disposable income of households, and growing organised retailing in India are other factors contributing to the growth of the market.

Furthermore, increase in overall disposable income and private label penetration is expected to strengthen the growth of the Indian Ready to Mix food market in the next five years. In order to sustain in the competitive market and cater to increasing consumer demand, key ready to mix food companies are focusing on widening their offerings.

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The India ready to mix food market is segmented on the basis of application and distribution. By application type, the India ready to mix food market is segmented into snacks mix, dessert mix, and curry mix. Among these, snacks mix segmentis projected to account for around 50.9% market share by 2020, owing to the consumer demand. The curry mix sub-segment on the other hand, is expected to record a double-digit CAGR of around 15.8% during the forecast period.

By distribution channel, the India ready to mix food market is segmented into retailers, kirana shops, online purchase, and others. In terms of market share contribution to the overall ready to mix market, the retailers sub-segment is expected to record highest CAGR of 16.2%, followed by online purchase during the forecast period.

FMI lead analyst sheds light on why India ready to mix food market will become a mainstream product in convenience food industry in the near future. “Hectic lifestyle, growing demand for packaged food coupled with increasing disposable income is expected to fuel the growth of the ready to mix market in India over the next five to six years,” she said.

Although, weak distribution channel, price sensitive consumers, and low awareness level among the consumers in India are expected to hinder the market growth; adoption of new technology for better cooking performance of the products and increased exhibitions, seminars, workshops to promote it are the key trends expected to drive growth of the India ready to mix food market in the near future.

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Additional Questions Answered

  • Key concerns related to ready-to-mix food
  • How logistics and supply chain management are critical elements (as they require compliance from source to customer)
  • Difference in the marketing strategies of the leading players in ready-to-mix food
  • How does advertisement play a key role in promoting ready-to-mix food products?
  • How are companies leveraging social media & digital marketing to promote ready-to-mix food?
  • Which is the target consumer base?

Key Segments Covered in India Ready-to-mix Food Market Report:

On the basis of application, the India ready-to-mix food market has been segmented into:

  • Snack Mix
  • Desert Mix
  • Curry Making Enablers

On the basis of distribution channel, the India ready-to-mix food market has been segmented into:

  • Modern Trade
  • Kirana Shops
  • Online Retailers
  • Other Distribution Channels

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

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BRICS Oral Care Market Trends, Size, Share, Regional Analysis by Key Major Players | Industry Forecast

The BRICS oral care market, on the other hand, is in a considerably better situation, with demand expected to grow at a nearly double CAGR of US$8.4% during the same forecast period. According to the research, the BRICS countries would have an oral care product demand of $17.3 billion by 2020.

The target audience for this report includes companies that produce and distribute dental products, dental research and development organisations, governmental organisations, dental professionals, and venture capitalists and investors.

According to the forecasts in the FMI report, the demand for oral care products worldwide will increase at a CAGR of 4.5 percent from 2014 to 2020, generating US$50.8 billion in revenue.

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Several companies, including Uniliver Group, Colgate-Palmolive Co., Koninklijke Philips N.V., Procter & Gamble Co., Johnson & Johnson Inc., and GlaxoSmithKline Plc., hold a strong position and are anticipated to maintain it in the near future, according to a recent study by Future Market Insights (FMI).

However, the competition in the oral care market in BRICS countries is fierce. Most of these businesses employ typical strategies to draw in and keep customers, including the creation of novel items and vigorous marketing campaigns. Vendors now have more opportunities to wow urban inhabitants and create new revenue streams thanks to the rising demand of organic products.

The survey notes that customers are increasingly prepared to pay for a range of items that helps them maintain the health of their dental and respiratory systems as a result of increased disposable income among urban populations in BRICS countries, namely Brazil, Russia, India, China, and South Africa.

The ubiquity of cellphones and the rising popularity of social media have made it easier to spread awareness across vast populations, which is helping the BRICS oral care market gain pace. Additionally, there is a growing market for dental care products that are eco-friendly and contain organic components. Another factor driving demand in this market is consumers’ increasing awareness of the importance of oral hygiene.

Toothpaste Most Profitable Product Segment

On the basis of product type, the oral care market in the BRICS countries is segmented into primary oral care including toothbrush and toothpaste and secondary oral care including dental floss, mouthwash, denture care, and others such as whitening strips, chewing gum, and mouth fresheners. Currently, primary oral care sub-segments collective account for the most prominent chunk of demand, with toothpaste producing the maximum demand.

Gel toothpaste, sensitivity-resistant toothpaste, and gum strengthening toothpaste are a few new products attracting specific customers. On the other hand, the demand for secondary oral care products is projected to increment at a strong CAGR of 14.5% during the forecast period of 2014 to 2020, gaining traction from the introduction of new products in this segment.

Based on distribution channel, the BRICS oral care market has been bifurcated into departmental stores, convenience stores, hypermarkets and supermarkets, vending machines, pharmacies and specialty stores, direct selling, and general merchandise retailers. In 2013, the general merchandising and direct selling segments collectively accounted for 53% of the overall demand, while hypermarkets and supermarkets provided for 27% of the demand.

Country-wise, heavily populated countries of India and China currently produce the most prominent chunk of demand and are anticipated to further gain demand share as we approach 2020. These two countries served 50.6% of total demand in the BRICS oral care market in 2014 and the demand percentage is estimated to increase up to 52.7% by 2020.

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Key Segmenton the basis of product type

  • primary oral care products
    • toothbrush
      • ?specialised
      • mid-tier
      • kids
    • toothpaste
      • gel toothpaste
      • non-gel toothpaste
  • secondary oral care products
    • mouthwash
      • comprises flavoured
      • conventional
      • organic toothpaste
    • dental floss
      • waxed
      • unwaxed
      • flavoured
      • unflavoured
      • thread
      • tape floss
    • denture care
      • denture care products
        • cleanser
        • adhesive
        • paste
      • denture care fixtures
        • complete
        • partial
        • over denture fixtures
    • others

on the basis of product type

  • convenience stores
  • department stores
  • direct selling
  • general merchandise retailers
  • hypermarkets & supermarkets
  • vending machines
  • speciality stores & pharmacies
  • direct selling
  • others

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

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Wheel studs Market | Growth Opportunities, Business Insights And Forecast To 2032

Wheel studs are employed to hold the wheels of an automobile. They are basically the threaded fasteners mounted through the brake disk or brake drum directly to the vehicle hub. Lug nuts are fitted to the wheel stud to attach the wheel. Earlier OEMs used to employ a threaded hub and bolt arrangement, two parts in place of the three-part stud arrangement, which include the stud, hub and nut. But the added advantages of the wheel stud arrangement compel end users to adopt this arrangement in the replacement of the hub and bolt arrangement. The advantages of wheel studs include ease of mounting and dismounting wheels, and they also have more consistent torque values.

Three types of wheel studs are available in the market, namely screw-in, press-in and welded-in. Among the three, welded-in wheel studs are rarely used, owing to their complex installation. Screw-in studs are simply screwed into the existing threaded bolt hole in the hub while press-in studs are installed from the back side of the disk or drum hub.

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Wheel Studs Market: Regional Outlook

Geographically, the wheel studs market has been segmented into eight regions: the Middle East and Africa, North America, Latin America, Western Europe, Eastern Europe and the East Asia Pacific, South Asia and Oceania. During the forecast period, North America and Europe are expected to hold major shares of the global wheel studs market. They are expected to remain prominent regions during the forecast period, owing to the presence of prominent OEMs in this region. Asia Pacific is expected to be the fastest growing region in the wheel studs market, owing to the high growth of new vehicle sales in the region. North America and Europe are mature markets and account for more than half of the global wheel studs market. The rest of the world is estimated to account for a relatively small share of the wheel studs market.

Wheel Studs Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global wheel studs market include:

  • KAMAX Holding GmbH & Co. KG
  • Valley Forge & Bolt Manufacturing Co
  • Elgin Fastener Group LLC
  • The Cold Heading Co Inc
  • McGee Company Inc
  • Summit Tool Company
  • Superbolt, Inc.
  • Slidematic Industries, Inc.
  • B & D. Thread Rolling, Inc.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

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Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K., Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Wheel Studs Market: Segmentation

Based on type, the wheel studs market can be segmented as follows:

  • Screw-in wheel studs
  • Press-in wheel studs
  • Welded-in wheel studs

Based on the vehicle type, the wheel studs market can be segmented as:

  • Passenger cars
  • Compact
  • Mid-size
  • Premium
  • Luxury
  • SUV
  • Light commercial vehicles
  • Heavy commercial vehicles

Based on the material, the wheel studs market can be segmented as:

  • Steel wheel studs
  • Alloy wheel studs

Based on the sales channel, the wheel studs market can be segmented as:

  • Original Equipment Manufacturers (OEM)
  • Aftermarket

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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About Future Market Insights (FMI) 

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

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