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Increase in use of sustainable personal care due to increasing awareness regarding environment and reusable ingredients is likely to drive the growth of the global sustainable personal care market. Furthermore, the rise in demand for sustainable personal care in emerging economies further fuels the growth of the market

According to a new report published by Allied Market Research, titled, “Sustainable Personal Care Market,” The sustainable personal care market was valued at $50.8 billion in 2021, and is estimated to reach $129.7 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.

The sustainable personal care market manufactures cosmetics and personal hygiene goods for consumers. Cosmetics and personal hygiene are two subcategories of personal care. Wet wipes, toothpaste, toilet paper, talcum powder, moisturizer, shaving cream, razors, perfumes, pomade, nail files, makeup, lotion, lipstick, lip gloss, hair clippers, facial tissue, eyeliner, deodorant, cotton pads, cotton swabs, colognes, and cleansing pods are just a few personal care products available in the market. The global personal care industry is quite diverse, and it may be divided into two categories, namely, personal care items and personal care appliances. Personal care appliances have been increasingly popular around the world in recent years, and creative products on the market each year are fueling the demand for a sustainable personal care market.

One of the major drivers of the global sustainable personal care industry is the growing popularity of sustainable skin care products. When it comes to skin care, every consumer looks for new and sustainable ingredients, which have a positive impact on health and society. Organic and natural are the emerging trends in the food and beverage and personal care industry across the globe.

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The sustainable personal care market growth is quickly approaching as compared to the pre-COVID growth rates, due to the economic recovery in most emerging economies, and a stable growth rate is envisaged throughout the forecast period. Unusual situations, on the other hand, depict a bleak picture as a result of the anticipated third and subsequent waves. For decades, sustainable personal care has been used to cure a variety of ailments. There is scientific evidence that it may help with a variety of ailments, including anxiety, sadness, infection, and pain management. Antibacterial, antioxidant, and anti-inflammatory effects are thought to exist in it. These factors are projected to boost sustainable personal care market share after the COVID-19 prediction period.

The sustainable personal care market is segmented on the basis of nature, type, sales channel, and region. On the basis of nature, the market is categorized into organic and natural/green. By type, it is segregated into skin care, hair care, oral care, hygiene products, and others. Depending on sales channel, it is fragmented into hypermarkets/supermarkets, specialty stores, online retail, and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, the Netherlands, and the rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Egypt, South Africa, United Arab Emirates, and Rest of LAMEA).

On the basis of nature, the organic segment was valued at $ 28,323.2 million in 2021 and is expected to reach $74,058.5 million by 2031 at a CAGR of 9.8%. This is majorly attributed to the increasing demand for pesticide-free, clean label, and natural products from the consumer. Organic sustainable personal care product is made from plant ingredients that have been grown in soil that is free of pesticides, fungicides, herbicides, and synthetic fertilizers, as well as containing no genetically modified organisms (GMOs). These factors are likely to contribute to the sustainable personal care market size through the organic segment during the forecast period.

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By type, the skin care segment is expected to grow at a CAGR of 9.2% during the forecast period. Skin care products play a crucial role in human behavior. Every individual wants to look attractive by maintaining healthy and glowing skin. Skin care products, such as serums, moisturizers, exfoliators, body lotions, and eye creams help in maintaining healthy and glowing skin. Besides, sustainable skin care products are made by using natural and organic ingredients having minimum or no side effects on human health or the environment, which is expected to fuel the demand for sustainable personal care during the forecast period.

On the basis of sales channels, the online retail segment was valued at $ 11,984.6 million in 2021 and is expected to reach $ 32,941.4 million by 2031 at a CAGR of 10.3%. An increase in the adoption of e-commerce portals in developing regions and a rise in the number of offers or discounts provided by these sites attract end users, including home consumers and institutions to purchase sustainable personal care through e-commerce platforms. Furthermore, e-commerce platforms have expanded customer reach, resulting in it becoming a major source of revenue for many businesses. Moreover, due to the rapid increase of internet-enabled mobile user bases in emerging nations, the e-commerce sector is likely to expand in the future.

North America dominated the global sustainable personal care market size and is projected to continue this trend during the forecast period. This is majorly attributed to widespread knowledge of sustainable ingredients and products in the region. The demand for sustainable personal care is increasing in the U.S. and Canada, which boosts the regional market growth. However, Asia-Pacific is predicted to have the most promising growth rate, owing to the rapid development of the health & wellness as well as the personal care industries in the region.

The players operating in the market have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market by following the sustainable personal care market trends. The key players profiled in the sustainable personal care market analysis report include, Coty Inc., Colgate Palmolive Company, Estee Lauder Companies Inc., Johnson & Johnson, Kao Corporation, L’Oréal S.A., L’Occitane Group, The Procter & Gamble Company, Unilever Plc, and Weleda.

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Key findings of the study

• The sustainable personal care market size was valued at $ 50,791.8 million in 2021, and is estimated to reach $ 1,29,693.9 million by 2031, registering a CAGR of 9.5% from 2021 to 2031.

• By nature, sustainable personal care market opportunities segments was organic and is estimated to witness the fastest growth, registering a CAGR of 9.8% during the forecast period.

• By type, the skin care segment was valued at $ 25,824.6 million in 2021, and is estimated to reach $64,207.3 million by 2031, registering a CAGR of 9.2% from 2022 to 2031 in the global sustainable personal care market forecast period.

• By sales channel, the hypermarkets/supermarkets segment was valued at $19,266.8 million in 2021, accounting for 37.9% of the global sustainable personal care market share.

• In 2021, the U.S. was the most prominent market in North America, and is projected to reach $ 36,344.5 million by 2031, growing at a CAGR of 9.1% during the forecast period.

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 “The global market is expected to witness significant growth due to introduction of high-tech technology such as television screen, CSAFE connectivity, iPod compatibility, sound systems, Bluetooth connectivity, and others. Moreover, surge in number of gym memberships, rise in sale of in-home equipment, upsurge in urban population, and increase in government initiatives to promote healthy life is further anticipated to boost the overall revenue of the industry. 

According to a new report published by Allied Market Research, titled, “Lateral Fitness Equipment Market by Type, Body Type, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global lateral fitness equipment market size was valued at $5.4 billion in 2020, and is projected to reach $10.7 billion by 2027, registering a CAGR of 10.1% from 2020 to 2027. Lateral fitness equipment is any machine or device required for physical exercise to manage overall weight, improve physical stamina, and develop muscular strength. Lateral fitness equipment market demand has increased globally, due to increase in health awareness. In addition, physical exercise is advised during certain medical treatments.

The most commonly used lateral fitness equipment include treadmills, elliptical, stationary bicycles weightlifting machines & strength building machines, and others. Increase in health awareness and rise in need for active, healthy lifestyle across the world majorly boost the growth of the lateral fitness equipment market. Sedentary lifestyle and changes in eating habits have led to increase in health risks. Therefore, increase in awareness toward regular physical activities to maintain healthy lifestyle fuels the growth of the lateral fitness equipment market. 

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Moreover, availability of smart gym equipment has made the lateral fitness exercises interesting and entertaining. Smart gym equipment is a type of equipment that is connected to an app that records workouts and also displays the data about workout. These connected gym equipment are linked to the internet and record all data such as workout goals, nutritional habits, and health history through cloud based data. This data helps in creating a personalized exercise plan and also track the workout. Furthermore, implementation of technologies like IoT and AI in lateral fitness equipment help connect the machines with smartphone, which also augment the growth of lateral fitness equipment market. In addition, treadmills, elliptical, and stationary bikes are the most popular high-tech lateral fitness machines owing to the presence of television screens, Bluetooth connectivity, iPod compatibility, sound system, CSAFE connectivity and other features. Thus, increase in implementation of high-tech features is anticipated to provide lucrative lateral fitness equipment market opportunity and eventually increase its customer base.

The number of social media users has increased considerably with rise in internet penetration. Taking this into consideration, most of the key players in the lateral fitness equipment market strategize on promoting their products and services on these social media platforms. Social media marketing is one of the major strategies adopted by various companies and industries on imparting awareness about their product offerings among the target customers on social media channels. Thus, through social media marketing strategy, the global lateral fitness equipment market sights critical opportunity in gaining traction and increasing its customer reach among its target segments.

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However, high price of lateral fitness equipment leads to increase in demand of reused fitness equipment, which limits the market growth. To reduce cost, new start-up gyms and fitness centers as well as in-house arrangements prefer the use of resale products. This trend is observed especially in the developing countries where small gyms procure used equipment from large gyms and fitness centers. This results in equipment failure within a short span of time, thereby disappointing their potential members. Moreover, it hampers the sale of new lateral fitness equipment, which in turn restrains the growth of the global market.

Key Findings Of The Study

• Dependingon type, the treadmill segment dominated the market in 2019, and is expected to retain its dominance throughout the forecast period.
• By body type, the lower bodysegment accounted for highest share in the lateral fitness equipment market growth in 2019, and is projected to grow at a CAGR of 10.1% from 2020 to 2027.
• On the basis of end user, the health club/gym segment led the market demand in 2019, and is expected to retain its dominance throughout the forecast period.
• As per distribution channel, the offline segment was the major shareholder in 2019, and is projected to register a CAGR of 10.1% from 2020 to 2027. 
• Region wise, North America accounted for highest lateral fitness equipment market share in 2019 and is expected to grow at a CAGR of8.6%.

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The key players operating in the lateral fitness equipmen tindustry analysis includesICON Health & Fitness, Inc., Johnson Health Tech Co., Ltd., TECHNOGYM S.P.A., Amer Sports Corporation, Nautilus, Inc., Core Health & Fitness, LLC., True Fitness Technology, Inc., Impulse (Qingdao) Health Tech Ltd. Co., and Cybex International Inc.

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Busway-Bus Duct Market Is Expected to Garner $21 Bn, Globally

The busway-bus duct market size was valued at $12.1 billion in 2021, and is estimated to reach $21 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

The report offers a detailed study of the busway-bus duct market, which is classified on the basis of types, end users, applications, and regions. By geography, the busway-bus duct market is categorized across North America, Europe, Asia-Pacific, and LAMEA. North America is divided into the U.S., Canada, and Mexico. Europe includes Germany, France, the UK, Italy, and rest of Europe. Asia-Pacific takes in China, India, Japan, South Korea, and rest of Asia-Pacific. Latin America, the Middle East, and Africa are studied across LAMEA. The report encompasses the quantitative analysis of the busway-bus duct market from 2021 to 2030. Considering all the micro- and macro-economic aspects, the CAGR is projected from 2021 to 2030.

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Rise in industries and commercial buildings in developing and developed nations and increase in demand from energy sector have boosted the growth of the global busway-bus duct market.

The report also provides information on the drivers, restraints, and opportunities of the market. Furthermore, certain strictures such as value chain breakdown, pricing analysis, Porter’s five force breakdown, and impact of government dictums on the market are also demonstrated in the busway-bus duct market report.

Segmental outlook

The global busway-bus duct market is categorized on the basis of type, application, end-use industry, and region. Based on region, the market is studied across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

The segmental study takes in real-time and forecast in both qualitative and quantitative terms. This helps clients understand the most worthwhile segments for investors to capitalize on the market.

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Competitive scenario

The report encompasses an in-depth study of the major players operating across the world, along with market share analysis, and an outlook on the strategies adopted by the top players in the industry. Moreover, the report highlights the developmental strategies such as mergers & acquisitions, product launches, and partnerships incorporated by the market players to heighten their foothold in the market.

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COVID-19 Impact Analysis

The COVID-19 outbreak had a huge impact on the community as well as the economy throughout 2020. The report offers a brief overview of the outcome of the outbreak. The report focuses on the direct impact of COVID-19 pandemic on the market extent and share.

Moreover, it also discusses the safety measurements taken by governments to curb the spread of the virus and how it has helped the busway-bus duct market get back on track soon It further highlights the prime strategies adopted by major market players during such unprecedented times.

Key Benefits For Stakeholders

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𝐁𝐫𝐨𝐰𝐬𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 : https://www.alliedmarketresearch.com/busway-bus-duct-market-A13992

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

Americas wall coverings market has grown significantly over the past years as a result of surge in investment in infrastructure, including residential and non-residential constructions. Moreover, renovation and reconstruction of existing buildings, such as residential and office spaces are expected to drive the Americas wall coverings market growth.

Americas wall coverings market size was valued at $67,034.4 million in 2021 and is projected to reach $1,04,199.0 million by 2031, registering a CAGR of 4.6% from 2022 to 2031.

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In addition, technological advancements in digital and 3D printing have fueled the market growth. Leading industry players are employing a range of strategies, which is causing the Americas wall coverings market to witness growth 

The Americas wall coverings market has grown due to expansion of the residential construction and renovation sector in North America and Latin America regions. Rise in demand for wallpaper and tile wall coverings in the residential construction sector for the purpose of protecting walls have enhanced the look & style of exterior walls, which has propelled the market forward. The governments of various countries have invested in residential sector due to rise in population and for better living standards. For instance, since April 2021, the U.S. government has invested $213 billion to construct and retrofit more than 1 million residential and commercial buildings. It includes construction of 500,000 homes for low and middle-income homebuyers. In addition, the U.S. government is expected to spend $137 billion on the upgrade of schools and universities. Hence, due to rise in population, these investments in construction sector are anticipated to increase the utilization of wall coverings and hence are anticipated to drive the market growth.

Key Findings of the Study

• The report provides an extensive analysis of the current and emerging Americas wall coverings market trends and dynamics. 
• In terms of revenue, the tile segment dominated the wall coverings market in 2021, and wallpaper are expected to grow at a significant CAGR during the forecast period
• By application, the new construction segment registered the highest revenue in 2021.
• Latin America is projected to register the highest growth rate in the coming years.
• The key players within the Americas wall coverings market share are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the Americas wall coverings industry.

Allied Market Research published a report, titled, “Hydrogel Market by Raw Material Type (Synthetic, Natural, and Hybrid Hydrogels), Composition (Polyacrylate, Polyacrylamide, Silicone-Modified Hydrogels, Agar-Based, and Others), Form (Amorphous Hydrogels and Semi-Crystalline Hydrogels), Product (Semi-Crystalline Buttons, Amorphous Gels, Impregnated Gauze, Films & Matrices, and Hydrogel Sheets), and End-User (Lenses, Hygiene Products, Wound Care, Drug Delivery, Tissue Engineering, and Others): Global Opportunity Analysis and Industry Forecast 2020–2027.”According to the report, the global hydrogel industry was estimated at $22.1 billion in 2019, and is anticipated to hit $31.4 billion by 2027, registering a CAGR of 6.7% from 2020 to 2027.

Drivers, restraints, and opportunities-
Wide range of applications and advantages over conventional products and increase in demand from the personal care & hygiene sector drive the growth of the global hydrogel market. On the other hand, potential environmental hazards impede the growth to some extent. However, rise in Research & Development activities and high opportunities in the developing regions are expected to create multiple opportunities in the industry.

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COVID-19 scenario-

• The outbreak of COVID-19 has impacted a number of industries badly. However, the pharmaceutical industry has, quite naturally, managed to stay out of this loop. Uninterrupted use of hydrogel to prolong drug shelf-life has not let the global market fall in terms of revenue.
• Still, disruptions in the manufacturing process have caused certain interferences in the trade. But, with several government bodies coming up with relaxations on the existing regulations, it’s projected that the market is not going to lose its pace.

The synthetic segment to dominate by 2027-
Based on raw material type, the synthetic segment contributed to more than three-fourths of the global hydrogel market share in 2019, and is expected to lead the trail by the end of 2027. The same segment would also portray the fastest CAGR of 6.8% from 2020 to 2027. This is attributed to its high water absorption ability and high gel strength.

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The semi-crystalline segment to maintain the dominant share-
Based on form, the semi-crystalline segment accounted for nearly two-thirds of the global hydrogel market revenue in 2019, and is projected to rule the roost till 2027. The same segment would also manifest the fastest CAGR of 7.4% throughout the forecast period. The fact that semi-crystalline hydrogels are superabsorbent drives the segment growth.

Asia-Pacific, followed by North America, to dominate the market throughout 2027-
Based on geography, Asia-Pacific, followed by North America, held the major share in 2019, generating more than one-third of the global hydrogel market. The same region is also anticipated to grow at the fastest CAGR of 7.1% during the study period. This is due to increase in population and growth in the inhabitants’ per capita income, in this region.

Key players in the industry-

• B. Braun Holding GmbH & Co. KG
• 3M Company
• Cardinal Health
• Essity
• Procyon Corporation, Ashland
• Smith & Nephew plc.
• The Cooper Companies
• Medline Industries
• Paul Hartmann

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About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Increase in focus on sustainable packaging and pallets drives the global pallets market. Based on application, the non-rental segment contributed the major share in 2015. Based on region, on the other hand, the market across Asia-Pacific would remain lucrative throughout the forecast period.

Pallets Market The pallets market size was valued at $66.0 billion in 2015, and is estimated to reach $122.3 billion by 2030, growing at a CAGR of 4.6% from 2021 to 2030.

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Covid-19 scenario-

• Decline in logistics and manufacturing activities across the world led to decreased demand for pallets, thus impacting the global pallets market negatively.
• However, the demand immediately experienced an incline as soon as the manufacturing units started restoring their operations.

The demand for automation is increasing in several industrial sectors due to the rise in demand for improved customer service. For providing the correct variety of products to customers, it is necessary to have a good pallet system in the retail store network. This increases the demand for an effective pallet-build process at the warehouse level. The mixed SKU pallets should precisely hold what the retail location requires and reach the desired location on time and without damage. The system should optimize the volume of every shipment and pallet. With the growing inclination towards the e-commerce sector, there is a need to build an effective pallet build system or automated palletizers, which can pick and put the item in place while restoring the stock.

Leading Players:

The key market players analyzed in the global pallets market report include CABKA Group GmbH (CABKA), Craemer Holding GmbH (CRAEMER), UFP Industries, Inc. (PalletOne)Falkenhahn AG (Falkenhahn), LOSCAM International Holdings Co., Ltd. (LOSCAM), Menasha Corporation, Millwood, Inc., Rehrig Pacific Holdings, Inc. (Rehrig Pacific), Brambles Limited,  Schoeller Allibert Services B.V. (Schoeller Allibert). These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.