A Market Place Research – Page 1307

Augmented Reality Market Share Growing Rapidly with Recent Trends and Outlook By 2031

Increase in popularity of gaming and proliferation of smartphones have boosted the growth of the global Augmented and Virtual Reality Market. The market across Asia-Pacific is projected to portray the fastest CAGR of 43.9% during the forecast period.

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The report offers detailed segmentation of the global augmented and virtual reality market based on organization size, application, industry vertical, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps investors, market players, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on application, the consumer segment held the largest share in 2021, accounting for more than half of the market, and is expected to maintain its dominance in terms of revenue by 2031. However, the enterprise segment is estimated to witness the largest CAGR of 42.4% during the forecast period.

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On the basis of industry vertical, the gaming segment dominated the market in 2021, accounting for nearly one-fourth of the global augmented and virtual reality market, and is projected to maintain its leading position throughout the forecast period. However, the retail segment is estimated to showcase the highest CAGR of 44.4% during the forecast period.

Based on organization size, the large enterprises segment accounted for the highest share in 2021, contributing to nearly two-thirds of the total share, and is expected to maintain its leadership status during the forecast period. However, the SMEs segment is expected to manifest the highest CAGR of 43.3% from 2022 to 2030.

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Based on region, North America accounted for the highest share in 2021, contributing to nearly two-fifths of the total market share, and is projected to continue its leadership status by 2031. However, the market across Asia-Pacific is projected to portray the fastest CAGR of 43.9% during the forecast period. The research also analyzes regions including Europe and LAMEA.

Leading players of the global augmented and virtual reality industry analyzed in the research include Google Inc., Sony, Magic Leap, Inc., HTC, Microsoft Corporation, Osterhout Design Group, Facebook, DAQRI, Samsung Electronics Co., Ltd., and Wikitude.

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Covid-19 Scenario:

The Covid-19 pandemic favored the growth of the market due to rise in shift toward the adoption of AR and VR technologies since most businesses implemented the work from home culture.
The digital transformation and industry 4.0 had boosted the demand for AR and VR market. Moreover, the players collectively forced to deploy multiple new and agile approaches to improve the consumer experience.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Augmented Reality Market

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Inspection Management Software Market Scenario Highlighting Major Drivers & Growth Forecast by 2031

The rapid rise in the need for interoperability testing and inspection on account of growing installations of IoT and connected devices is boosting the Inspection Management Software Market size. However, the lack of global inspection standards by government authorities, along with the high cost of innovation and budget constraints restrict the growth of the inspection management software market.

On the contrary, growing advanced technologies coupled with the increase in demand for remote inspection are expected to offer remunerative opportunities for expansion during the inspection management software market forecast.

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Depending on deployment mode, the on-premise segment holds the largest inspection management software market share, owing to the advantages provided by the on-premises deployment such as better reliability, scalability, and a high level of data security and safety.

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The cloud segment in the inspection management software market is analyzed to witness the fastest growth due to easier maintenance and standardization in the cloud-based inspection process, growth in innovation to drive forward the evolution of Industry 4.0 in terms of design and security and surge in demand for robust security in different industry verticals.

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Depending upon region analysis, the inspection management software market share was dominated by North America in 2021 and is expected to retain its position during the forecast period, owing to the early adoption of cloud technology on inspection tasks is positively impacting the growth of the inspection management software industry. However, Asia-Pacific is expected to witness significant growth during the forecast period, due to the rise in the use of sophisticated technologies for seamless inspection to reduce machinery and equipment downtime is anticipated to drive the market growth.

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Key Findings of the Study

• By industry vertical, the consumer goods & retail segment accounted for the largest inspection management software market share in 2021.

• By region, North America generated highest revenue in 2021.

• By deployment mode, the on-premise segment generated the highest revenue in 2021.

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Cannabis Market Size Is Likely To Reach a Valuation of Around $148.9 Billion by 2031: Allied Market Research

The cannabis market size was valued at $25.7 billion in 2021, and is estimated to reach $148.9 billion by 2031, growing at a CAGR of 20.1% from 2022 to 2031.

For the treatment of a number of disorders, doctors recommend cannabis, often known as marijuana. Due to production and political constraints, the use of cannabis as medicine has not undergone extensive testing, which has limited the amount of clinical research that can be done to determine the safety and effectiveness of utilizing cannabis to treat ailments.

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COVID-19 Scenario:

The outbreak of coronavirus has had a serious impact on the growth of the global cannabis market, mainly due to the prevalence of stringent lockdowns in various countries across the globe. Lockdowns resulted in formation of strict rules in terms of trade as there was a temporary ban on raw materials, which in turn, negatively impacted the market.
The decline in the product demand from major end-users, limited operations in most of the industries, inadequate funding to research and academic institutes, and challenges in terms of providing essential/post-sales services further aggravated the impact on the market.
This is majorly due to the prevalence of stern social distancing mandates, that were imposed by the government to curb the spread of the virus during the pandemic.

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The report offers a detailed segmentation of the global cannabis market based on product type, application, compound, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest growing segments and the highest revenue generation that is mentioned in the report.

Based on product type, the cannabis extracts segment held the dominating market share in 2021, holding more than half of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 20.4% during the forecast period. The report also other segments of the market such as buds or marijuana flower.

Based on application, the recreational segment held the dominating market share in 2021, holding more than half of the global market, and is expected to maintain its leadership status during the forecast period. The medical segment, on the other hand, is expected to cite the fastest CAGR of 21.1% during the forecast period.

Based on compound, the balanced THC and CBD segment held the dominating market share in 2021, garnering nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The THC-dominant segment, on the other hand, is expected to cite the fastest CAGR of 20.4% during the forecast period.

Based on region, the market across North America held the largest market share in 2021, holding more than four-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The LAMEA region, on the other hand, is expected to cite the fastest CAGR of 32.3% during the forecast period.

The key players analyzed in the global cannabis market report include Aurora Cannabis Inc., Tilray, Canopy Growth Corporation, Cresco Labs, Curaleaf, Ecofibre Limited, Green Thumb Industries, Hexo Corporation, INDIVA, Maricann Inc., Medical Marijuana Inc., MME LLC., Organigram Holdings Inc., Stencocare, and Harvest Health & Recreation, Inc.

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The report analyzes these key players in the global cannabis market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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. 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.

FMCG Market Increasing Demand, Emerging Trends, Growth Opportunities and Future scope

According to a new report published by Allied Market Research, titled, “Global FMCG Market by Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global FMCG market size was valued at $10,020.0 billion in 2017 and is projected to reach $ 15,361.8 billion by 2025, registering a CAGR of 5.4% from 2018 to 2025.

Fast moving consumer goods (FMCG) is the largest combination of consumer goods with different product categories that include home, health, and personal care and food & drinks including its marketing, production, and distribution. The personal care segment is anticipated to witness substantial growth owing to the rise in disposable income of consumers, thus enabling them to spend considerable amount on luxury personal care products.

Trends, opportunities and forecasts by 2018-2026

Other factors such as surge in trend of online shopping, R&D for the new brands & products, and expansion of FMCG network in rural areas of the developing countries are expected to open new avenues for the FMCG market players in the future. However, high competition among major market players and retail execution are expected to hamper the global FMCG market growth. In the recent decade, there is a trend that consumers are more concerned about their health and personal hygiene, thus preferring hygienic lifestyle. Consumers choose their daily need products according to their hygienic compatibility and thus change their purchasing decisions according to their lifestyle. This trend is becoming opportunities for the FMCG market. Companies are offering the products, which are compatible to the lifestyle of their targeted consumer segment.

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Key Findings of the FMCG Market:
In 2017, based on type, the food & beverages segment accounted for around 89% of global FMCG market share, growing at a CAGR of 5.3% from 2018 to 2025.
In 2017, based on type, the healthcare segment accounted for 4% share of the global FMCG market and is expected to growth at the highest CAGR of 8.5%.
Personal care segment has occupied around 5% share of the market share and is expected to growth at the highest CAGR of 6.0%.
In 2017, based on distribution channel, the supermarkets & hypermarkets segment accounted for more than half of the market share of global FMCG market and is projected to grow at the highest CAGR of 5.8% during the forecast period.
In 2017, based on region, the FMCG market was dominated by North America, particularly the U.S., followed by Canada as the major market, while Asia-Pacific was dominated by developing countries such as China and India, with nearly 40% market share in 2017. In addition, LAMEA is expected to witness a 6.6% CAGR during the forecast period.

The key players operating in the global FMCG industry include ;-
THE COCA-COLA COMPANY
DR PEPPER SNAPPLE GROUP, INC.
JOHNSON & JOHNSON
KIMBERLY-CLARK CORPORATION
NESTLE
PATANJALI AYURVED LTD.
PEPSICO, INC.
PROCTER AND GAMBLE
REVLON, INC.
UNILEVER GROUP

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TABLE OF CONTENT :-
CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pocket
3.2.2. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitution
3.3.4. Threat of new entrants
3.3.5. Intensity of competitive rivalry

3.4. Top player positioning
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Demographic transition

3.5.1.1.1. Rise in disposable income
3.5.1.1.2. Growth in middle class group & young population
3.5.1.1.3. Urbanization

3.5.1.2. Premiumisation
3.5.1.3. Shift of economic power
3.5.1.4. Changes in lifestyle
3.5.1.5. Availability and Accessibility
3.5.1.6. Increased impact of consumer technology adoption

3.5.2. Restraints

3.5.2.1. Retail execution
3.5.2.2. Availability of counterfeiting products & brands

3.5.3. Opportunity

3.5.3.1. A billion new consumers in emerging markets
3.5.3.2. Prevailing opportunities in FMCG e-commerce

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Luxury Furniture Market Size 2020 | Global Industry Share, Business Boosting Strategies, CAGR Status, Growth Opportunities, and Forecast 2031

Luxury Furniture Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $27.01 billion by 2020, registering a CAGR of 4.1% during the period 2015-2020. Asia Pacific would witness the fastest growth, owing to the rise in disposable incomes. Wooden luxury furniture has gained substantial demand worldwide, followed by metal. The high acceptance of wooden furniture is primarily due to durability and the modern yet antique look, which makes it a good fit for both household as well as the commercial usage.

The luxury furniture market is highly fragmented with a large presence of family run domestic companies. However, this does not limit the market reach of the companies as online portals are extensively used as a platform for sales. The strategic tie ups between the market participants and the interior designers have broadened the scope of this market and help in creating product awareness among the end users. Luxury furniture also reflects the social status of individuals; a trend that also boosts the growth of the luxury furniture market.

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Driving growth of the luxury furniture market :-

The demand for wood furniture is highest in the global market due to high aesthetics value associated with it. The glass furniture segment is expected to witness the fastest growth through 2020, catalyzed by its growing demand in the corporate and hospitality sector. The plastic furniture segment would grow at the slowest pace during the forecast period due to the environmental concerns associated with plastic degradation and its lack of aesthetic value, as compared to other materials. The leather furniture segment would grow at a considerable pace; however, the growth of this segment would be restricted due to its limited use in sofas and ottomans. Additionally, stringent government regulations on the import of leather largely restrain the market growth of this segment. Eco-friendly furniture and multifunctional furniture have gradually gained popularity. Growing environmental awareness and space constraints in urban regions, are key factors that drive the adoption of this furniture in the global market.

The domestic sector contributed nearly two-third of the global luxury furniture market revenue in 2014. The furniture used in living rooms and bedrooms, hold the highest demand in the domestic sector. The commercial sector is a comparatively smaller market, which is primarily governed by the hospitality sector. A large presence of upscale hotels, commercial infrastructures and a booming hospitality industry, arising from an increasing pace of foreign investments in the Middle East, account for the dynamic growth of the luxury furniture market in the commercial sector. Additionally, growth in the hospitality and tourism sector, especially, in cities such as Abu Dhabi, Doha, Dubai, Jeddah, Muscat and Riyadh, exhibits a dynamic market for the commercial luxury furniture.

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Key findings of the Luxury Furniture Market :
The wood luxury furniture segment leads the market with about 24% market share in 2014 and is estimated to dominate the market throughout the forecast period. However, the metal luxury furniture segment would witness a comparatively higher growth rate
The domestic end user segment would continue to dominate the global market over the forecast period
The market for luxury furniture in the lighting segment would grow at a CAGR of 8.3% during 2015 – 2020
The hospitality sector within the commercial user segment would exhibit a steady demand for luxury furniture, registering a CAGR of 3.4% during 2015 – 2020

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Domestic manufacturers in the luxury furniture market such as Laura Ashley, Scavolini, Giovanni Visentin and Muebles Pico largely focus on manufacturing stylish luxury furniture products with high quality raw materials. Thus, the companies in the luxury furniture market largely compete on the aspect of aesthetic value. New product launch complimented with innovative design is the key strategy adopted by companies. In addition, the prospects in e-commerce platforms would also help the market players in expanding their geographic presence, which, in turn, would boost the overall market growth.

LIST OF FIGURES

FIG. 1 TOP IMPACTING FACTORS, BASE CASE (2020-2025)
FIG. 2 TOP IMPACTING FACTORS, OPTIMISTIC CASE (2020-2025)
FIG. 3 TOP IMPACTING FACTORS, CRITICAL CASE (2020-2025)
FIG. 4 TOP IMPACTING FACTORS
FIG. 5 TOP INVESTMENT POCKETS OF LUXURY FURNITURE MARKET
FIG. 6 PORTER’S FIVE FORCES MODEL
FIG. 7 VALUE CHAIN ANALYSIS
FIG. 8 INCREASING PER CAPITA DISPOSABLE INCOME IN EASTERN EUROPE, LATIN AMERICA AND ASIA-PACIFIC (2007 – 2012)
FIG. 9 SWOT ANALYSIS OF DURESTA UPHOLSTERY LTD.
FIG. 10 SWOT ANALYSIS OF MUEBLES PICO

Western Wear Market Report 2020: Exponential Growth by Market Size, Share, Trends and Analysis to 2031

Allied Market Research published a report, titled, “Western Wear Market by End User (Men, Women, Kids), by Type (Casual, Formal), by Distribution Channel (Online Platforms, Specialty Stores, Supermarkets, Hypermarkets, Brand Outlets), : Global Opportunity Analysis and Industry Forecast, 2020-2031″. According to the report, the global western wear industry generated $74.5 billion in 2020, and is anticipated to generate $136.8 billion by 2031, witnessing a CAGR of 5.3% from 2022 to 2031.

Prime determinants of growth

Factors such as growth of the population and e-retail industry, increase in disposable income of consumers, rapid globalization, increased brand awareness, and surge in fashion consciousness among end users drive the growth of the global western wear market. However high cost of branded clothes, dynamic fashion trends, and unavailability of raw materials are expected to restrain growth of the western wear market. Moreover, casual wear is gaining traction among consumers, which is presenting major opportunities for market expansion in the coming years.

Covid-19 Scenario

The outbreak of the Covid-19 pandemic has had a negative impact on the global western wear market, owing to implementation of global lockdown.
Temporary closure of manufacturing facilities, disruptions in the supply chain, and shortage of labor force hampered the market to some extent.

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The women segment to maintain its leadership status throughout the forecast period

Based on end user, the women segment held the highest market share in 2020, accounting for nearly half of the global western wear market, and is estimated to maintain its leadership status throughout the forecast period. Moreover, the same segment is projected to manifest the highest CAGR of 6.4% from 2022 to 2031, owing to high western wear demand from this segment. Also, owing to the rise in working female population the demand for formal women cloths is also rising which is likely to boost the market growth during the forthcoming time period.

The online platforms segment to maintain its lead position during the forecast period

Based on distribution channel, the online platforms segment accounted for the largest share in 2020, contributing to more than one-fourth of the global western wear market, and is projected to maintain its lead position during the forecast period. Moreover, the same segment is expected to portray the largest CAGR of 7.1% from 2022 to 2031. This is because more people are opting for online applications or sales channel to buy various products.

Europe, followed by Asia-Pacific& North America to maintain its dominance by 2031

Based on region, Europe, followed by Asia-Pacific & North America held the highest market share in terms of revenue 2020, accounting for more than one-third of the global western wear market. Players operating in the Europe western wear market are innovating new products, which in turn, is driving the region growth. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 6.6% from 2022 to 2031. This is attributed to a billion new consumers interested in buying new products.

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Leading Market Players: –

Aditya Birla Fashion and Retail Ltd. (ABFRL)
Hennes & Mauritz AB (H&M)
Marks & Spencer Plc
Bestseller (Vero Moda)
Inditex SA(Zara)
Benetton Group
crema diesel spa
Forever21 Inc.
GAP Inc.

Cosmetics Market Size is forecasted to reach $463.5 billion by the year 2027

the cosmetics market is expected to witness significant growth, owing to increase in awareness among consumers regarding maintaining prolonged beauty and change in lifestyle have significantly contributed toward growth of the market. Furthermore, increase in aggressive advertisements and promotions through social media platforms by manufacturers plays a crucial role in growth of the market

According to a new report published by Allied Market Research, titled, “cosmetics market by category, gender and distribution channel: opportunity analysis and industry forecast, 2021–2027,” the global cosmetics market size was valued at $380.2 billion in 2019, and is projected to reach $463.5 billion by 2027, registering a CAGR of 5.3% from 2021 to 2027. Convergence of advancements, beauty, and lifestyle propels growth of the cosmetics market. Moreover, the cosmetics market across the globe has witnessed continuous and sustained growth over years, owing to rise in beauty-conscious female population. Several other factors such as increase in female labor force, rise in awareness regarding maintaining prolonged beauty, and change in lifestyle have significantly contributed toward growth of the cosmetics market trends.

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Furthermore, demand for herbal and natural cosmetics products is anticipated to increase at a substantial rate during the forecast period. In addition, brands such as the Himalaya Drug Company, Patanjali Ayurved Limited, and Hindustan Unilever Limited are indulged in producing herbal and natural cosmetics products. Hence, rise in awareness regarding fashion and natural skin products significantly propel the cosmetics market growth.

Global per capita income has witnessed a strong growth rate over past few years, particularly in emerging economies. Increase in urbanization, growth of middle class consumers, and surge in rate of female participation in labor force in many developing and developed markets has encouraged adoption of convenience-oriented lifestyles, making cosmetics products more desirable. According to estimates, per capita income in the next decade is expected to increase at a significant rate in developing countries compared to developed countries. This has significant implications for growth of the cosmetics market.

A wide range of cosmetics products are available in the market for deeply nourishing skin such as lotions, creams, deodorants, hair care, and essential oils. In addition, rise in consciousness about personal well-being and appearance has increased among men, which drives sales of cosmetics products. Moreover, owing to hectic lifestyle and varying climatic conditions, men are also adopting skin care, sun care, and hair care products. Thus, cosmetics products help in treating and provides prevention from rack and dry & dull skin, which boosts their demand globally.

Moreover, owing to the outbreak of the COVID-19 pandemic, manufacturers have increased social media advertisement for using herbal skin care products to reach a large consumer base. However, implementation of lockdown and curfew practices globally has affected domestic as well as international production of skin care products, which, in turn, hampers growth of the overall market. Thus, the outbreak of COVID-19 has negatively impacted the cosmetics market in 2020, as sales of companies have reduced and operations have been halted.

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Over the next five years, demand for natural cosmetics is expected to grow strongly. Customers prefer to use cosmetic products that are less harmful and have minimum side effects. Further, manufacturers are likely to use natural ingredients in their skin care and hair care products to satisfy consumer needs. Many big players in the market such as L’Oréal, Unilever, Color Bar, and Avon are planning to invest big budgets in an effort to promote natural aspects of their cosmetics products.

Key Findings Of The Study

By category, the skin and sun care segment dominated the global market in 2019, and is expected to retain its dominance throughout the cosmetics market forecast period.
By gender, the women segment led the global cosmetics market demand in 2019, and is expected to retain its dominance throughout the forecast period.
By distribution channel, the hypermarket/supermarket segment dominated the global market in 2019, and is expected to retain its dominance throughout the forecast period.
By region, Asia-Pacific accounted for highest cosmetics market share in 2019, and is expected to grow at a CAGR of 6.5%.

The key players profiled in the cosmetics industry report includes Avon Products Inc., Kao Corporation, L’Oreal S.A., Oriflame Cosmetics S.A., Revlon, Inc., Shiseido Company Limited, Skin Food Co., Ltd., The Estee Lauder Companies Inc., The Procter & Gamble Company and Unilever Plc.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

Cosmetics Market is projected to reach $463.5 billion by 2027, registering a CAGR of 5.3% from 2021 to 2027

According to a new report published by Allied Market Research, titled, “cosmetics market by category, gender and distribution channel: opportunity analysis and industry forecast, 2021–2027,” the global cosmetics market size was valued at $380.2 billion in 2019, and is projected to reach $463.5 billion by 2027, registering a CAGR of 5.3% from 2021 to 2027. Convergence of advancements, beauty, and lifestyle propels growth of the cosmetics market. Moreover, the cosmetics market across the globe has witnessed continuous and sustained growth over years, owing to rise in beauty-conscious female population. Several other factors such as increase in female labor force, rise in awareness regarding maintaining prolonged beauty, and change in lifestyle have significantly contributed toward growth of the cosmetics market trends.

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The key players profiled in the cosmetics industry report includes :-
AVON PRODUCTS, INC
KAO CORPORATION
L’ORÉAL S.A.
ORIFLAME COSMETICS S.A.
REVLON, INC.
SHISEIDO COMPANY, LIMITED
SKIN FOOD CO., LTD.
THE ESTEE LAUDER COMPANIES INC
THE PROCTER& GAMBLE COMPANY
UNILEVER PLC

Key Findings Of The Study :-

By category, the skin and sun care segment dominated the global market in 2019, and is expected to retain its dominance throughout the cosmetics market forecast period.
By gender, the women segment led the global cosmetics market demand in 2019, and is expected to retain its dominance throughout the forecast period.
By distribution channel, the hypermarket/supermarket segment dominated the global market in 2019, and is expected to retain its dominance throughout the forecast period.
By region, Asia-Pacific accounted for highest cosmetics market share in 2019, and is expected to grow at a CAGR of 6.5%.

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Demand and Growth of Cosmetics market outlook 2021-2030 :-

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FREQUENTLY ASKED QUESTIONS?
Q1. What will be the cosmetics market Size From 2021 to 2027?
Q2. What is the CAGR of cosmetics market?
Q3. Which is the base year calculated in the cosmetics market report?
Q4. Which are the top companies in the cosmetics market?
Q5. What are the segments of cosmetics market?

Key Points thoroughly explain the Cosmetics market Report:-

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segment
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study

2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.1.3.Parent market analysis

2.2.Top player positioning
2.3.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Change in lifestyle
3.3.1.2.Rise in need for skin care products
3.3.1.3.Increase in demand for natural ingredients in cosmetic products
3.3.1.4.Change in packaging styles and attractive marketing strategies
3.3.1.5.Rise in disposable income

3.3.2.Restraint

3.3.2.1.Rise in awareness regarding side effects of chemical-based cosmetics

3.3.3.Opportunities

3.3.3.1.Growth in demand for organic cosmetics
3.3.3.2.Social media marketing

3.4.COVID-19 impact on cosmetics market

CHAPTER 4:COSMETICS MARKET, BY CATEGORY

4.1.Overview

4.1.1.Market size and forecast

4.2.Skin & sun care products

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market analysis, by country

4.3.Hair care products

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis, by country

4.4.Deodorants & fragrances

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast
4.4.3.Market analysis, by country

4.5.Makeup & color cosmetics

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast
4.5.3.Market analysis, by country

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Pepper Spray Market Size, Share, Detailed Segmentation, Porter’s Five Forces – Counter Assault, Defense Technology, Fox Labs International

According to a new report published by Allied Market Research, titled, “Pepper Spray Market by Product and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2028,”

The global Pepper Spray Market is expected to reach $60,187.9 thousand by 2028 at a CAGR of 13.1% from 2021 to 2028.

Pepper spray is a non-lethal personal safety weapon, which is used for personal defenses and to control crowd and criminals. A blast of pepper spray stops almost one or more attackers. Pepper spray is also used to protect from deadly animals such as rhinos, beer, and tigers. It is a highly effective deterrent that delivers immediate results.

Global Key Players:

The players operating in the pepper spray industry 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. The key players profiled in this report include Counter Assault, Defense Technology, Fox Labs International Inc., J&L Self Defense Products Inc., Mace Security International, Inc, SABRE – Security Equipment Corp, Super-Sparkly Safety Stuff, LLC, Suresafety, UDAP Industries, Inc., and Zarc International Inc.

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Rise in crimes, such as rape, eve teasing, murder, kidnaping, and human trafficking, is the major factor encouraging people to buy pepper sprays. Although various gadgets or weapons are used for personal defense such as pocket knife, self-vigilant alarm, aluminum baseball bat, and silver self-defense key cases; however, among these, pepper spray is the foremost choice for women as it is one of the most common and effective defense weapons. A bottle of pepper spray is compact and will easily snug into a handbag. Furthermore, innovations and technological developments in pepper sprays are anticipated to contribute to the growth of the market during the forecast period. For instance, SABRE – Security Equipment Corp. developed SMART pepper spray, in which the smart device can be paired with the SABRE Personal Safety App, with GPS tracking and third-party monitoring.

During lockdown period, due to the COVID-19 pandemic, supply chains are being adversely affected and the whole consumer goods industry is still incurring losses. Governments are frequently practicing total lockdown to limit the spread of the virus, in which retail stores, including specialty shops are strictly suggested to remain close. Despite these hurdles, the Pepper Spray Market witnesses positive growth due to the COVID-19 pandemic as people are afraid of getting looted and robed. Unemployment and food scarcity are some of the negative side effects of the COVID-19 pandemic, which are reaching high levels in the U.S., thereby resulting in increase in the shoplifting and robing.

According to the market analysis, the Pepper Spray Market is segmented into product, distribution channel, and region. On the basis of product, the market is categorized into fogger, stream, gel, and others. According to distribution channel, it is divided into specialty shops and online stores. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, the UK, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea, Indonesia, the Philippines, Thailand, and Rest of Asia-Pacific), and Rest of the World (South Africa, Egypt, Saudi Arabia, and other countries).

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On the basis of product, the gel segment was valued at $3,938.8 thousand in 2020, and is projected to reach $11,726.1 thousand by 2028, registering a CAGR of 15.4% from 2021 to 2028. Gel pepper sprays are gaining significant popularity among users as the product is designed to stick perfectly to the assailant’s face more as compared to other sprays. It can cover up to 25 feet if necessary. Attributed to its high range of firing, it is majorly used by the law enforcement members, including police, which contributes to the growth of the gel segment during the forecast period.

According to the Pepper Spray Market trends, on the basis of distribution channel, the online stores segment was valued at $8,620.3 thousand in 2020, and is expected to reach $23,516.8 thousand by 2028, registering a CAGR of 14.2% from 2021 to 2028. Increase in adoption of various online portals in developing regions and rise in number of offers or discounts provided by these sites attract consumers to purchase pepper sprays through online stores. Moreover, online store has increased consumer reach, owing to which it has evolved as a key source of revenue for many companies. Furthermore, the online stores segment is expected to expand in the future, owing to rapid growth in online and mobile user customer bases in emerging markets.

Region-wise, Europe was valued at $7,676.1 thousand in 2020, and is expected to reach $20,162.9 thousand by 2028, registering a CAGR of 12.1% from 2021 to 2028. Rise in use of pepper sprays in Europe to control and handle the crowd during violent situations, such as riots, protest, violence against civilians, explosions, and remote violence, is expected to favor the growth of the Pepper Spray Market during the forecast period. In most of the countries of Europe, use of pepper sprays is totally banned, which is expected to hinder the market growth. Luxembourg, the Netherlands, Norway, Greece, Hungary, and Iceland are some countries where use of pepper spray for personal defense is illegal.

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Key findings of the study

In 2020, the Pepper Spray Market was valued at $23,750.2 thousand, and is estimated to reach $60,187.9 thousand by 2028, growing at a CAGR of 13.1% during the forecast period.
In 2020, depending on product, the fogger segment was valued at $10,445.6 thousand, accounting for 44.0% of the global Pepper Spray Market share.
In 2020, depending on distribution channel, the online stores segment was valued at $8,620.3 thousand, accounting for 36.3% of the global Pepper Spray Market share.
In 2020, the U.S. was the most prominent market in North America, and is projected to reach $18,392.9 thousand by 2028, growing at a CAGR of 11.8% during the forecast period.

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205, Portland, OR 97220

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About us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

Outdoor vacation Market Size, Share, Detailed Segmentation, Porter’s Five Forces – Abercrombie & Kent USA LLC, Butterfield & Robinson, Cox & Kings Ltd

The outdoor vacation market size is expected to reach $3,326.4 billion by 2030, registering a CAGR of 16.2% from 2021 to 2030.

According to a new report published by Allied Market Research, titled, “Outdoor Vacation Market by Tour Type, Traveler Type, Age Group, Mode of Booking: Global Opportunity Analysis and Industry Forecast, 2021-2030,”

Outdoor vacation refers to spending time for personal pleasure and benefits by having a specific trip or journey, usually for the purpose of recreation. These trips include culinary, leisure, factory tours, and camping, fishing and heritage tours. Growth in support from governments for infrastructural development in travel and tourism destinations and government policies and incentives for encouraging state tourism are expected to favor growth of the market during the forecast period.

For instance, Singapore’s Changi Airport Group launched a Master Architect tender for construction of Terminal 5. This new terminal will possess a three-runway system. Moreover, in South Korea, the Incheon Airport is coming up with its new Terminal 2 building, and the project is expected to be completed by the end of 2017. This is anticipated to support growth of the overall market.

Top Key Players:

Abercrombie & Kent USA LLC, Butterfield & Robinson, Cox & Kings Ltd, Kensington Tours, Micato Safari, Scott Dunn Ltd, Tauck, Inc., Thomas Cook India Ltd, Travcoa Corporation, TUI Group, American Express Travel, Carlson Wagonlit Travel, Expedia Group, Inc, JTB Americas, Ltd., Priceline, Travel Leaders Group and World Travel, Inc..

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Rise in exposure of people to different forms of social media has enhanced their knowledge about various trends shaping the outdoor vacation industry. Customers are increasingly opting for travel services and products by taking advice from people who have either stayed or traveled there before. They also refer to reviews and insights detailed on various social networking sites. Moreover, quick & convenient flight and hotel bookings, activity bookings, rise in customer trust in online payment, and ability to compare various available adventure travel options drive the online travel industry growth, which, in turn, fuels growth of the outdoor vacation market.

The COVID-19 pandemic has had a significant impact on the market, owing the travel restrictions across the globe in an attempt to prevent the pandemic spread. According to the United Nations World Tourism Organization (UNWTO) estimation, the global international tourist arrivals might decrease by 58–78% in 2020 depending on speed of containment and duration of travel restrictions as well as shutdown of borders.

According to the outdoor vacation market analysis, the outdoor vacation market segmented into tour type, traveler type, age group, mode of booking, and region. On the basis of tour type, the market is categorized into volunteering trips, culinary tour, leisure tour, heritage trip, and others. By traveler type, it is segregated into couple, family, solo, and group. Depending on age group, it is divided into generation Z, millennial, and baby boomers. On the basis of mode of booking, it is segregated into travel agent and OTA. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, Italy, Russia, Sweden, Switzerland and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, New Zealand, South Korea, Thailand, Malaysia, Philippines, Indonesia and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, the United Arab Emirates, Turkey and Rest of LAMEA).

According to the outdoor vacation market trends, on the basis of tour type, the volunteering trips segment is estimated to reach $376.5 billion by 2030, at a CAGR of 18.9%. The leisure tour and heritage trip segments collectively accounted for around 57.8% market share in 2020, with the former constituting around 40.5% share. Volunteering trips is evolving concept of tourism, it is the practice of providing time and skills for the benefit of other people and causes rather than for financial benefit.. In this, people voluntarily give time, skills, and energy to NGOs.

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Volunteerism makes a specific contribution by generating well-being for people and their communities. The combination of tourism and volunteering can be an appealing package for a diverse range of individuals wishing to combine travel with opportunities for participation in international health care, medicine, education, or other development related work. Thus, growing popularity and active participation of people in social work through volunteering trips is expected to favor the outdoor vacation market growth.

By traveler type, the solo segment is valued at $49.8 billion in 2020, and is expected to grow to $375.4 billion by 2030 at a CAGR of 18.7%. Solo outdoor vacation registers lowest revenue, owing to risk & safety involved while traveling subjected to robbery, sexual harassment, and others. However, growing awareness regarding destination places and availability reviews of people who experienced solo outdoor vacation for particular destination or location, promotes people to opt for solo outdoor vacation. Customizable and affordable tour packages for solo travelers are further boosting the growth of the market through solo segment

According to the outdoor vacation market opportunities, by age group, the millennial segment is expected to witness significant CAGR of 17.8%, throughout outdoor vacation market forecast period. The millennial segment includes young generation and is open to new learning and enthusiast to take up challenges & thrilling activities. Numerous schools & college students take part in heritage tours; therefore, several outdoor vacation providers prospect schools & colleges as the easiest market source.

According to the mode of booking, OTA segment is valued at $223.6 billion in 2020 and is expected to grow to $1,680.2 billion by 2030 at a compound annual growth rate of 18.7%. An online travel agency (OTA) arranges and sells accommodations, tours, transportation and trips on an online platform for travelers. It is third parties services offered to customers on behalf of other companies.

The main mode of earning of online travel agents are commissions paid for online bookings of car rentals, cruise lines, hotels, railways, sightseeing tours, tour operators, and others. Other sources of income may include sale of insurance, travel guide books, public transport timetables, and money exchange. The key factors supporting the growth of online travel agents are knowledge of the destination and proper time allocation with respect to travel & transport.

Region wise, North America region has been gaining considerable share in global outdoor vacation market and is expected sustain it share during the forecast period. North America includes wild frontiers of America’s iconic National Parks from Yosemite to Yellowstone, with spectacular scenery & abundant wildlife, Monument Valley, and other vistas such as Grand Canyon. In addition, this region offers authentic cowboy style ranch stay in Texas, pristine wilderness, wildlife in Canada & Alaska, and Rocky Mountains with a rail journey. Thus, North America has attracted numerous adventure travelers form all age groups.

Thus, growing popularities of the interesting travel destinations and luxury hospitality services offered by hotels in US and Canada are likely to favor the growth of the North America outdoor vacation market during the forecast period.

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Key findings of the study

The outdoor vacation market size was valued at $500.3 Billion in 2020 and is estimated to reach $3,326.4 Billion by 2030, registering a CAGR of 16.2% from 2021 to 2030.
In 2020, depending on tour type, the heritage trip segment was valued at $86.7 Billion, accounting for 17.3% of the global outdoor vacation market share.
In 2020, depending on traveler type, the couple segment was valued at $169.7 Billion, accounting for 33.9% of the global outdoor vacation market share.
In 2020, depending on age group, the baby boomers segment was valued at $120.4 Billion, accounting for 24.1% of the global outdoor vacation market.
In 2020, depending on mode of booking, the travel agent segment was valued at $276.7 Billion, accounting for 55.3% of the global outdoor vacation market.

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Contact us:

David Correa
5933 NE Win Sivers Drive

205, Portland, OR 97220

United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975

About us: