Market Research Blog – Page 9231 – New Product Development

Bio-Based Levulinic Acid Market is anticipated to reach a high of US$ 73.54 million by the year 2032

Future Market Insights Bio-Based Levulinic Acid Market (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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New molecules developed by Segetis, in Minnesota based on esters of levulinic acid made from using bio based hydroxyl compounds and corn cobs are known as levulinic ketals. These can be used to produce a series of products such as plasticizers, polyols for polyurethane foams and solvents.

Segetis are constructing a new toll manufacturing plant for their new ketals chemistry in the Midwest and the construction of which was expected to be completed by the end of 2011. Products entering the market would start with solvents. While polyols is expected to be the last to enter in the market because of significant functional testing required. At present China is the supplier of the levulinic acid from the company but later it may use residue of wood as a feedstock.

The potential outcome by the development of bio based levulinic acid could be the replacement of the phthalate plasticizers which is used to make Polyvinyl chloride (PVC) which is the most widely produce plastic and other plastics flexible. The company is also working directly to replace the phthalate which concerns about exposure to children. The major advantages of ketal monomers are that they attach to the PVC molecule firmly and are of natural origins.

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Major opportunity for the market can be obtain from the manufacture of polyols which combines with iscoyanates to produce polyurethane. The polyols which are made from bio based levulinic acid will have rigidity which in turn will help to reduce the level of iscoyanates while obtaining polyurethane having similar properties and the monomers will play the role of the performer.

The cost of polyols produce by the company will be same as made from petroleum resources. But it is expected that it will help to improve the economics for formulators due to less use of iscoyanates. The major advantage for the ketals chemistry is from its total cost.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product type and distribution channels.

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The report covers exhaustive analysis on:

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Calcium Oxide Market valuation of US$ 4,573.4 Mn in 2022 and is all set to expand with a CAGR of 5.3% from 2022–2032

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Calcium Oxide. FMI provides a new study to elucidate the potential growth parameters of the Calcium Oxide market. On the back of prevailing trends FMI presents a positive growth outlook.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Calcium Oxide market structure.

FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

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FMI’s latest report on global Calcium Oxide market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Calcium Oxide in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Calcium Oxide market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Calcium Oxide market is expected to witness in the upcoming decade.

Impact of COVID-19 on Calcium Oxide Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Calcium Oxide market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Calcium Oxide Market Report

How will the Calcium Oxide market expand through 2032?
Which region is the most lucrative in the Calcium Oxide market?
What are the recent technological developments in the Calcium Oxide market?
What are key challenges and competition threats faced by Calcium Oxide market players?
Who are prominent players leading the Calcium Oxide market?

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Calcium Oxide Market: Key Segmentation

By Region

North America
Latin America
Europe
Asia-Pacific
Middle East and Africa

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

By Application:

Cement and concrete blocks
Steel slag
Glass
Organic Chemicals
Food Additive
Others

By End-User Industries:

Construction
Agriculture
Food Industry
Chemical Industry
Others

Calcium Oxide Market: Competitive Evaluation

The FMI’s Calcium Oxide market report provides a comprehensive analysis on key players operating in the Calcium Oxide market. Some of the key players are:

Omya UK Chemicals
Innovo Chemicals
American Elements,
PrathamStarchem Pvt. Ltd.
GFS Chemicals
The Dow Chemical Company
HangzhouWenjian Calcium Industry Co., Ltd
CAO Industries

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

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Why Buy FMI’s Report?

Extensive analysis on high growth niche markets across major regions
Detailed assessment on key segments and sub-segments
Recent and upcoming strategies tracked of manufacturers for the Calcium Oxide market
Reliable information on new product launches, technological advancements, and more
Valuable insights on the impact of regulatory framework on the global Calcium Oxide market

About 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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Short-Term Rental Platform Market is anticipated to rise from US$ 4,503.2 Mn in 2022 to US$ 25,829.9 Mn in 2032

The adoption of short-term rental platform is expected to increase at a CAGR of 19.1% during the forecast period. The Short-Term Rental Platform market size is anticipated to rise from US$ 4,503.2 Mn in 2022 to US$ 25,829.9 Mn in 2032.

The short-term rental platform industry is extremely profitable and has been rapidly expanding in recent years, thanks to new integrated apps and software. Short-term rentals and their numerous benefits are becoming increasingly popular.

In response, the hotel industry has begun to innovate and adapt. Dozens, if not hundreds, of ancillary businesses are springing up to provide hosts and guests with new services and ways to travel. The sector will continue to expand at a much faster rate than the traditional rental economy. Hotels and short-term accommodations will learn from one another as business models evolve. Ancillary industries will grow to fill the ecosystem, and employment will change as a result. Governments that plan ahead and adapt to these changes will reap significant economic benefits.

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However, there are a number of security flaws in online ticket purchasing that can result in financial losses for both customers and sellers. Unethical websites, purchased reviews, and fake websites may stifle the growth of the short-term rental platform market.

Third-party tools for streamlining hosting services are gaining popularity. The automation process includes dynamic pricing, chatbots, and smart home systems. The global short-term rental market is being transformed by new technology.

Despite the fact that millennials are the primary users of vacation rentals, Gen Z is quickly catching up. Gen Z is redefining modern travel, with the oldest members of this age group being 24.

Currently, the rate of growth in urban accommodations is altering the mix of short-term rental destinations. Cities around the world are quickly becoming hotspots for renters.

What are the Key Factors Driving Short-Term Rental Platform Market Growth?

High competition among players will evolve business models which would directly benefits the consumers

The influence of the internet and social media platforms is increasing consumer awareness of services and offerings. Key businesses are offering a variety of services, exotic destinations, and amenities, as well as services tailored specifically for female visitors, in order to gain market share. Short-term rental is becoming increasingly popular among the general public due to their low cost as well as the large amount of space and comfort they provide. The government’s large investments in the development of connectivity and infrastructure, particularly in developing countries, are boosting market growth in the short-term rental platform market.

The recent hike in tourism and travel industry will provide lucrative opportunities to the market

The growing tourism industry and the increasing popularity of short-term rental properties are two key factors driving the global short-term rental platform market growth. The global increase in tourist numbers creates a high demand for vacation rental properties. Baby boomers have made significant contributions to the growth of the travel and tourism industry. The demand for short-term vacation rental properties is especially high. When properly marketed, these properties generate higher returns than long-term rental properties. Furthermore, the increased comfort and affordability offered by short-term rental properties will attract consumers to such spaces, which is expected to support market growth in the coming years.

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Key Restraints towards the Short-Term Rental Platform Market Growth?

Despite these positive trends in the global short-term rental platform market, the tourism industry faces some challenges. Many countries are suffering from a lack of accommodation options, which affects both domestic and international travelers. Furthermore, climate change is raising sea levels, which may have an impact on coastal communities around the world.
Furthermore, phishing has an impact on the growth prospects of the world’s major short-term rental vendors. Customers may shift to alternative forms of lodging, such as hotels, as the risk of risk increases.
The strict government regulations are also expected to impede the growth of the vacation rental market during the forecast period.

Key Segments Covered in the Short-Term Rental Platform Market Report

By Deployment:

On-Premise Short-Term Rentals
Cloud-Based Short-Term Rentals
Web-Based Short-Term Rentals

By Accommodation:

House/Apartment
Hotel/Hostel
Others

By End User:

Individuals
Businesses
Others

By Region:

- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
Middle East & Africa (MEA)

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https://gist.github.com/Pallavikhalane/eb8e8166ca8862f0d6a5a41aab484ba9

https://theamberpost.com/post/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032

https://likefm.org/blog/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032

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Multi-cloud Optimization Tools Market is projected to surpass US$ 47,685 Mn by 2032

The global multi-cloud storage market is worth US$ 23.71 Bn as of now and is expected to reach US$ 111.33 Bn by the year 2032 at a robust CAGR of 16.7% between 2022 and 2032.

Petabyte scale is used to track high-performance transactional applications with real-time analytics. The key participants are focusing on separation of data management and various cloud management strategies all across public cloud providers, with data of users resting on single power protect appliance consumed as-a-service.

One could avoid vendor lock-in by keeping data discrete from cloud. This data could be applied to various use cases like cyber resiliency, replication, archiving, in-cloud protection, and disaster recovery to cloud. Managed services do away with maintenance of infrastructure through minimizing end-users’ TCO (total cost of ownership).

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Storage does result in optimization of costs on how quickly the access is needed. Majority of top players extend support to more compliance certifications and security standards for virtually regulatory agencies all over. Also, end-users are at their liberty to choose from various tools for getting more of the data and driving service delivery.

They are rendered capable of running big data, AI (Artificial Intelligence), ML (Machine Learning), media processing applications, and HPC (High-Performance Computing) on their cloud data.

Numerous enterprises are increasingly adopting emerging cloud-based PaaS (platform-as-a-service). This helps in reduction of dependence on single vendor and smooth passage to the end-users working on diverse platforms. Plus, with the advent of 5G networks, there won’t be any stoppage to multi-cloud storage market in the upcoming period.

The governments all over are also enforcing regulations on deployment of multi-cloud storage. All the factors mentioned above are expected to keep the cash registers ringing for multi-cloud storage market in the forecast period. Future Market Insights has mentioned about these findings with future perspectives in its latest market study entitled ‘Multi-Cloud Storage Market’.

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Key Takeaways from Multi-Cloud Storage Market

North America holds the largest market share due to several cloud storage platform services by small as well as large-scale enterprises.
Europe stands second on this count, followed by the Asia-Pacific.

Competitive Storage

CoreStack, in May 2022, entered into partnership with Ingram Micro Cloud for delivering next generation solutions for cloud governance and financial operations. The solutions offered are inclusive of CloudOps (for cloud management), FinOps (for cloud cost management), and SecOps (for cloud security posture management).
VMware, Inc., in September 2021, bought Mode.net. The latter one is known for integration of physically diverse service underlaying into coherent networks incorporating cloud-scale with ascertained SLAs and QoS. This acquisition has boosted the former’s portfolio pertaining to technology for supplying VMware’s Telco Cloud Platform to the providers of communication services all through the world.
Alibaba, in April 2022, teamed up with VMware for providing new-fangled Alibaba Cloud VMware services all across China. Digital transformation has thus been catalyzed over here.
HPE, in March 2022, tabled HPE GreenLake edge-to-cloud platform. HPE GreenLake holds the distinction of being simple, unique, and deep with respect to cloud services. Data-first modernization is the priority.
Versa Networks, in June 2022, expanded its leadership team in Japan and the rest of the Asia-Pacific for catering to rising demand for ‘Versa SASE’.

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“Multi-cloud storage simplifies data management with hybrid cloud and AI-driven analytics through spectrum visualized data services. This factor is bound to drive the multi-cloud storage market in the forecast period”, says an analyst from Future Market Insights.

What does the Report Specify?

Future Market Insights offers an exclusive perspective and various real-time insights on the multi-cloud storage market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
The research study is based on deployment type (public, private, and hybrid), by enterprise size (large enterprises and SMEs), and by vertical (BFSI, retail, energy & utility, and healthcare & life sciences).
Majority of enterprises are adopting multi-cloud storage, so as to satisfy requirement of the clientele. The altering IT environment is thus being adopted for minimizing costs as less hardware’s and appliances are needed.

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

3.7. Regional Parent Market Outlook

https://penzu.com/journals/27101637/83252935

https://pastelink.net/3kx3o0fd

https://www.spoke.com/topics/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032-638daff4f8b2e307f3002c1d

https://futuremarketblog.blogspot.com/2022/12/north-america-and-europe-retail.html

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Beard Oil Market is Projected to Expand at a Prolific CAGR of 5.6% in 2029 | FMI

The global Beard Oil market size is expected to reach ~US$ 1,475 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of ~5.6% between 2019 and 2029.

According to the report, rising demand for personal care products among male consumers, aggressive marketing by companies, and rising indie brands are considered as the major drivers for the for the beard oil market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.\

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It includes in-depth insights into the Beard Oil market. Some of these are:

Europe is expected to dominate the global beard oil market due to high concentration of beauty & skincare manufacturers in the region.
The East Asia region is expected to grow at highest CAGR during the forecast
High demand for organic products is considered as key attributor to the global beard oil market growth.
FMI identified online retail as the most lucrative sales channel in the beard oil market throughout the forecast period.

Preferential Shift towards Natural & Organic Products to Surge Market Growth

Governed by rising demand for personal care products, aggressive marketing by companies, and rising indie brands, the beard oil market is expected to grow.

Manufacturers are focusing on developing novel products to ride on the new wave of consumer inclination towards natural and organic skincare products. Manufacturers have also increased their focus on product ingredients and packaging. Increasing awareness about associated side effects with regard to beard oil such as skin reactions, itching, and burns, are factors expected to impede the beard oil market. Thereafter, growing consumer awareness and online product availability fuel the beard oil market for higher sales across the globe.

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Who is Winning?

Some of the leading players operating in the Beard Oil market are Brickell men’s Product, Leven Rose, Mountaineer Brand, The American Beard Company, Prophet and Tools, The Gentleman’s, Viking Revolution, Honest Amish, ArtNaturals, Macho Bread Company, DapperGanger, Rosdon Group Ltd, Evolution GMBH, Fullight Tech, Alpha Vikings, Klapp Cosmetics GMBH, Vetyon, Rapid Beard, Texas Beard Company, Hongkong Guan Wei International etc. As a result of increasing competition, companies are focusing on expanding their product portfolio with new innovation. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

In April 2019, a US based company

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Adult Diapers Market is Anticipated to Reach at a US$ 34.10 Bn through 2032 | FMI

The global adult diapers market is poised to expand at over 6.9% CAGR, surpassing US$ 34.10 Bn through 2032. Growth in the market is expected to surge with rising prevalence of incontinence across the globe. On account of this, the adult diapers market will witness absolute $ opportunity of US$ 17.20 Bn in 2022.

According to the report, the geriatric population is growing at a significant rate across the globe coupled with rise in prevalence of incontinence in general population boost demand for adult diapers across the globe.

The report offers a comprehensive view of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

It includes in-depth insights into the adult diapers market. Some of these are:

The estimated value of the adult diapers market was at ~US$ 16.89 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Regionally, North America dominates the adult diapers market globally owing to high consumer awareness and adoption of personal hygiene products among adults in the region.
East Asia emerges as one of key markets owing to rising affluence of working women and increasing demand of personal hygiene products for women at school, work places, and public settings in the region
Growth of e-retailer’s sales channel is expected to boost the sales of adult diapers over the forecast period.
Prominent players are expected to introduce an eco-friendly adult diapers with innovative designs, features, and materials to have a competitive edge in the market.

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Rise in Demand for Reusable or Cloth Diapers to Manage Incontinence Problem

Based on the product type, the reusable adult diapers segment creates a significant growth in the global adult diapers market.

Consumers in the market are considerably demanding for environmental-friendly diapers to reduce landfills coupled with various advantages associated with reusable diapers such as reduces diaper rash symptoms, comfortable, and use of less harmful chemicals are some of the factors expected to exhibit a significant growth in the global adult diapers market during the forecast period.

Furthermore, affordability of reusable adult diapers as compared to disposable diapers propel the global adult diapers market for further growth. Increasing use of cloth diapers among aging population who are suffering from incontinence and related problems is another factor influencing the growth of the global adult diapers market in the near future.

Who is Winning?

Some of the leading players operating in the adult diapers market are The Procter & Gamble Company, Ontex Group, Daio Paper Corporation, Unicharm Corporation, Kimberly-Clark Corporation, Medline Industries Inc., Hengan International Group Co. Limited, First Quality Enterprises, Inc., Nippon Paper Industries Co., Ltd., Essity AB, Covidien Company, DSG International Ltd., Kao Corporation, Svenska Cellulosa AB, Enka Hijyen, NorthShore Care Supply, and others. These manufacturers are developing novel products with natural material to meet growing consumer requirements as well as expand their product portfolio. Moreover, strategic partnership with local distributor, mergers and acquisition, and enter into digital platform remains a popular strategy among the market players. Companies intend to expand their regional footprint through strategic collaborations.

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In 2022, NorthShore Care Supply introduced a new direct-to-customer website ‘NorthShore.com’ enable customers to shop for incontinence products such as adult diapers through online sales channel. The website is featured with intuitive product recommendations based on consumer’s preferences.
In 2021, Enka Hijyen- Turkey based baby diaper manufacturer, now entered into adult diaper business segment by introduced a novel adult diapers under Paddlers brand. This Paddlers adult diaper will people suffering from moderate to severe incontinence problem.

Get Valuable Insights into Adult Diapers Market

Future Market Insights, in its new report, presents an unbiased analysis of the global adult diapers market, covering historical demand data and forecast figures for the period between 2019 and 2029.

The study divulges compelling insights on the adult diapers market based on product type (reusable and disposable), style (pants/pull-up style, pad style, flat style, and others), material type (cotton, mono-woven fabric, micro fabric, fluff pulp, and others), size (small, medium, large, extra-large, 2XL), end-user (male, female, and unisex), price range (economy, mid-range, and premium), sales channel (wholesalers/ distributors, supermarkets/hypermarkets, pharmacies & drug stores, specialty stores, independent small stores, e-retailers, and other sales channel), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).

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Cosmeceutical Ingredients Market is Anticipated to Grow at 8.7% CAGR through 2027

The global cosmeceutical ingredients market will surpass ~US$ 12 Bn in terms of value in 2027 with a CAGR of ~9% during the forecast. The cosmeceutical ingredients market is dominated by synthetic cosmeceutical ingredients however the natural cosmeceutical ingredients market is expected to expand at higher CAGR (10.8%) as compared to synthetic during the forecast

The importance of beautification to the mankind is considered as the primary driver for the growth of cosmeceutical ingredients market across the globe. Cosmeceutical products reduces the gap between cosmetics that simply cleanse & enhance the appearance and pharmaceuticals that cure and heal. Growing product awareness among consumers have propelled the demand for skin & hair beneficial products in the market which in result drives the necessity of cosmeceutical ingredients.

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Key Takeaways from the Cosmeceutical Ingredients Market Study

According to the report, the global cosmeceutical ingredients market represents a fairly consolidated competition landscape, where a majority of key players maintain their strategic focus on the development of cosmeceutical ingredients. L’Oréal, a European cosmetic manufacturer, uses hyaluronic acid which is an active ingredient used in products such as anti-ageing creams.
FMI identifies North America as the largest market for cosmeceutical ingredients in 2019, followed by Europe, attributable to higher demand from cosmetic products such as skincare and haircare. The awareness level is also high of North American consumers as compared to other region. Growing demand for cosmetic products, rising product awareness and increasing popularity of J-Beauty and K-Beauty are the factors will drive the East Asia market forward and is expected to expand at highest CAGR during the forecast.
Growing product awareness, changing lifestyle and rapid urbanization fuel the demand for cosmeceutical products which has resulted to an increasing demand for cosmeceutical ingredients among cosmetic manufacturers.
Skincare segment in cosmeceutical products are the most demanded product among consumers which further increases the demand for cosmeceutical ingredients among cosmetic manufacturers.

The cosmeceutical ingredients market has increased on account of increasing consumers concerns regarding the negative effects of using synthetic ingredient cosmeceutical products. In addition to this, growing trend of natural products have a positive impact on cosmeceutical products market which further drives the demand for cosmeceutical ingredients among manufacturers.

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Who is winning?

Some of the key players operating in the cosmeceutical ingredients market are Eastman Chemical Company, BASF SE, SEPPIC, Solvay S.A., The Dow Chemical Company, Lonza Group AG, The Lubrizol Corporation, Ashland Incorporated, Croda International plc, Robertet, Allergan Incorporated, COBIOSA, Select Botanical, NEXIRA and others.

Several leading cosmeceutical ingredients manufacturers are focusing on R&D to come up for new formulations which can change the market landscape of cosmeceutical products. Growing demand for natural ingredient based cosmeceutical products are booming in the market. Advancement in technology acts as a primary driver for manufacturers. Extraction of ingredients are performed through traditional and avant-grade technological extraction however majority of manufacturers use modern avant-grade technological process as preferred method of cosmeceutical extraction.

Cosmeceutical Ingredients Market Taxonomy

The global cosmeceutical ingredients market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Ingredient Type

Sunscreens Ingredients
Antioxidants
Hydroxy acids
Retinoids (vitamin A)
Skin lightening agents
Botanicals
Peptides and proteins
Others

By Source

Natural
Synthetic

By Form

Powder
Liquid

By Application

Skin care
Haircare
Oral Care
Others (Makeup & Fragrances)

By Region

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa (MEA)

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Women’s Intimate Care Products Market is Reaching US$ 38.43 Bn at a Gracious Rate of 4.1% by the year 2030

The women’s intimate care products market is projected to increase from a valuation of US$ 27.73 Bn in 2022 to US$ 38.43 Bn by 2030-end. likely to surge at a vigorous 4.1% CAGR from 2022 – 2030.

The intimate washes is expected to expand at a significant CAGR during the forecast period. The demand for intimate washes is gaining popularity in the market due to rise in health consciousness among consumers and need for personal hygiene products that are not damaging to the skin or environment.

Consumer demand for natural goods is increasing as people become more aware of the adverse effects of chemicals used in feminine hygiene products. As a result of the increased awareness, manufacturers are creating new and creative goods of higher quality and comfort. Diverse product types are being introduced by companies for various applications.

Acceptance of organic and natural feminine hygiene products such as intimate washes is growing at a significant rate. These products are being manufactured from non-Genetically Modified (non-GMO) certified organic ingredients, which are free from pesticides, chemical additives, synthetic fibres, dyes, fragrances, and chlorine bleach.

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East Asia to Remain Prominent in Women Intimate Care Market

In the global women intimate care market, East Asia accounted for maximum share of around 22.6%, in terms of value, in 2018, and is expected to register a CAGR of 6.3% during the forecast period. This is due to significant presence of various domestic and prominent players along with growing government initiatives to promote personal hygiene among women.

Manufacturers are tapping into profit pools by offering products at a subsidized rate in various countries. Increased per capita health care spending on personal hygiene products, is a significant factor boosting the East Asia women intimate care market.

Key Players Focus on Product Development to Gain Competitive Edge

The global women intimate care market is characterized by the presence of several established players, who account for a considerable market share. In the market, majority of prominent players maintain their strategic focus on new product development, product variety, natural and organic product launches, and expansion of sales channels in rural areas.

Leading women intimate care companies are currently focused on research and development activities, new product launches, and various organic certifications to resonate with the growing demand of women intimate care with natural ingredients from regions such as US, Japan, India, China, and European countries such as Germany, Italy, France, U.K., etc.

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How Growth Will Unfold

In the women’s intimate care market, the offline segment is anticipated to account for a significant value share. During the forecast period, this category is likely to stay prominent in the global women’s intimate care market, as firms desire face-to-face engagement with customers in order to connect with them in a friendly manner.

Women Intimate Care Market Taxonomy

The global women intimate care market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle-East and Africa

Key Segments of Women’s Intimate Care Products Industry Survey

Women’s Intimate Care Products Market by Product:

Intimate Washes
Liners
Oils
Masks
Moisturizers & Creams
Hair Removal
- Razors
- Wax
- Depilatories
- Wipes
Gels
Foams
Exfoliants
Mousses
Mists
Sprays
E-products
Others

Women’s Intimate Care Products Market by Age Group:

12-19 Years
20-25 Years
26-40 Years
41-50 Years
51 and Above

Women’s Intimate Care Products Market by User:

Women With Children
Women Without Children

Women’s Intimate Care Products Market by Sales Channel:

Online Sales of Women’s Intimate Care Products
Offline Sales of Women’s Intimate Care Products
- Hypermarkets/Supermarkets
- Drug Stores/ Pharmacies
- Beauty Salons
- Others (Departmental Stores, Specialty Stores)

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Handheld Marijuana Vaporizers Market is Projected to Expand at a Prolific CAGR of 19% in 2029

The global handheld marijuana vaporizers market is estimated to be valued at ~US$ 5 Bn and expected to expand at a CAGR of ~19.0% during the forecast period of 2019-2029. The increasing use of marijuana for medical purposes is driving the demand for laboratory testing services.

The marijuana plant contains chemicals (cannabinoids) which helps to treat a range of illness such as HIV/AIDS, multiple sclerosis (MS) etc. Legalization of marijuana for medical usage by governments is further anticipated to boost the handheld marijuana vaporizers market.

Furthermore, shifting trend towards the usage of vaporizers has increased the demand for handheld marijuana vaporizers. Handheld marijuana vaporizers are surging in popularity owing to its portable nature, discrete method of consumption, and convenience. In 2019, worldwide sales of handheld marijuana vaporizers, mostly contributed by conduction vaporizers saw an upswing, as compared to convection vaporizers.

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Stringent Government Regulations across Regions to Impede Handheld Marijuana Vaporizers Market

Strict rules and regulations related to marijuana usage in various countries is anticipated to be a restraining factor for the growth of the handheld marijuana vaporizers market. According to the American Civil Liberties Union, marijuana arrests account for more than half of all drug arrests in the United States.

This restrains the growth of the handheld marijuana vaporizers market, particularly in the Middle East and some parts of Asia Pacific where it is banned. Besides, availability of low cost substitutes is also expected to impact the growth of the market during the forecast period.

Key Takeaways of Global Handheld Marijuana Vaporizers Market

North America is expected to lead in the global handheld marijuana vaporizers market due to the presence of good medical infrastructure and accelerated growth in medical research activities.
Conduction vaporizers are gaining popularity vis-à-vis convection vaporizers owing to its beneficial properties such as low product price, size and portability. Conduction vaporizers accounted for ~82% in 2018.

Offline sales of handheld marijuana vaporizers will gather momentum during the forecast while online sales channel will see a rapid growth trajectory at a CAGR of (~16.5%). Handheld marijuana vaporizers are relatively new in the market and require certain permits which will limit its availability through online channels.

Who is Winning

The report highlights some prominent players in the global handheld marijuana vaporizers market are Davinci Vaporizers, PAX Labs Inc., etc. Companies are investing in R&D to come up with innovative products in handheld marijuana vaporizers category. For instance,

Firefly, a weed tech startup in California offers smart vaporizers (Fitrefly 2+) of ~US$ 250 which can regulate the cannabis temperature with app enabled precision and produces zero waste.
Now companies are continuously adding new features or technology such as one-button control, ceramic heating chamber, smartphone app compatibility, removable battery etc.

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Handheld Marijuana Vaporizers Market Taxonomy

The global handheld marijuana vaporizers market is segmented in detail to cover every aspects of the market and present a complete market intelligence approach to readers.

By Product

Convection Vaporizers
Conduction Vaporizers

By Charger

USB
Micro USB

By Temperature Control

Fixed
Variable

By Sales Channel

Online
Offline

By Region

North America
South America
Europe
East Asia
South Asia
Oceania
MEA

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Blinds & Shades Market is Projected to Reach at a US$ 19.4 Bn in 2029 | FMI

The global blind & shades market is estimated at US$ 14.2 Bn in 2022 and is projected to expand at a CAGR of 4.4% during the forecast period from 2022 to 2029.

Customer’s increasing surge for personalized control on the management of the light and air, is encouraging manufacturers to launch innovative blind & shades in the market with their increasing focus on fully automated products.

Furthermore, smart-phone-enabled operations for blinds and shades are creating new potential for the global market. Furthermore, the development of blinds that are coupled with voice recognition technology is changing home décor industry trends, which is favourably influencing the worldwide blind and shade market’s value growth.

IKEA, for example, has created remote-controlled blinds that include speech recognition and a smart lighting kit. These automatic blinds can be operated with a smartphone for a more personalised experience, and they’re compatible with AI-enabled virtual assistants like Alexa and Google Assistant.

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Moreover, in the blinds and shades market, manufacturers have the option of producing eco-friendly blind and shades. In the current market, only a few companies are creating eco-friendly blind and shades, which opens up potential for other businesses to invest in sustainable interior décor items.

Growing consumer knowledge of sustainable or eco-friendly products is expected to influence their purchasing decisions. As a result, the market in developed nations with strong consumer awareness has the potential to grow.

Key Takeaways from the Blind & Shades Market Study

Smart windows are leaping the sales of blind & shades due to growing innovations such as windows controlled by a click of a button using rechargeable batteries and voice-activated window coverings.
The U.S. is expected to register a CAGR of 2.2% in North America due to increasing trend of customized blind & shades as well as smartphone controlled blind & shades.
Blinds and shades made of natural fibers is witnessing a significant growth in the global market. The customer’s awareness for their health and for environment is significantly supporting sales of natural blinds and shades.
East & South Asia would remain the prominent region in the global blinds & shades market owing to rapid expansion of residential sector. E-commerce expansion will also be pivotal in accelerating the market build-up in this region.

“Adoption of omnichannel sales strategy by manufacturers and growing customer inclination towards natural material-based blinds & shades are expected to offer significant market growth opportunities.” says an FMI analyst.

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Impact of COVID-19 on the Market

The COVID-19 pandemic had a significant influence on the world economy at numerous levels, and this impact was felt to a large extent in the construction industry. The COVID-19 pandemic issue also had an impact on the blind and shade market, which saw a significant drop in demand in 2020.

The COVID-19 outbreak affected the supply and delivery of construction materials, causing governments to enact lockdown. The transfer of activities in operations and vendor operations impacted the manufacturing. The blind and shade production process has become a headache for enterprises due to limited labour availability, disrupted raw material supply, and logistical challenges.

Who is winning?

Leading manufacturers of blind & shades are focused on aggressive promotional strategies and advertisements that have driven sales growth of Blind & Shades globally.

Major players present in the blind & shades market are Ching Feng Home Fashions Co., Ltd., Griesser AG Electrocomponents PLC, Hunter Douglas NV, Lafayette Venetian Blind Inc., Legrand, Lutron Electronics Company, Mechoshade Systems LLC, Nien Made Enterprise Co. Ltd., Persianas Canet S.A, Qmotion Shades, Schenker Storen AG, Solarfective Products Limited, Springs Window Fashions LLC, TOSO CO. LTD. among others.

Global Blind & Shades Market by Category

By Product Type: