Motorbike Riding Gear Market Worth $17.2 Billion By 2025

The global motorbike riding gear market size is expected to reach USD 17.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% over the forecast period. The global market is expected to witness significant growth due to increasing number of motorcycle as well as premium motorcycle riding enthusiasts.

Protective gear held more than 60.0% share of global revenue in 2018. It includes helmet, gloves, knee guard, elbow guard, and spine guard. Among these, helmet are widely used owing to growing awareness related to head injury among the riders. According to the National Institute of Neurological Disorders, each year, more than a million people suffer from traumatic brain injuries in U.S. Out of these, more than half of the cases are a result of motor vehicle accidents. Thus, growing awareness related to head injuries is driving the demand for protective gear over the forecast period.

The offline segment dominated the market in 2018 and is expected to maintain its lead throughout the forecast period. Growing product visibility in developing countries such as India, China, and Brazil, coupled with increasing number of retail outlets in developed countries, is expected to provide growth opportunity over the forecast period. However, sale through online channel is expected to witness the fastest growth over the forecast period. Increasing penetration of smartphones and internet in various countries is expected to fuel sale through online channel.

Asia Pacific was the largest market in 2018 owing to growing product visibility and product penetration in countries such as India, China, and Singapore. Increasing disposable income of the urban people, coupled with desire to travel and live a fulfilled life, has led to an increase in spending on motorcycle protective gear. This is expected to fuel the demand for protective motorcycling riding gear from 2019 to 2025.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/motorbike-riding-gear-market

Further key findings from the study suggest:

  • By product, clothing is expected to expand at a CAGR of 6.7% from 2019 to 2025 owing to growing penetration of premium motorcycle in developing countries
  • The online segment is expected to reach USD 1.5 billion by 2025 and is expected to witness the fastest growth over the forecast period
  • Asia Pacific motorbike riding gear market is expected to expand at a CAGR of 6.9% over the forecast period
  • Vendors are focusing on R&D to launch innovative products and expand their product line and offerings in protective motorbike riding gear market.

Ice Hockey Equipment Market Worth $1.1 Billion By 2025

The global ice hockey equipment market size is expected to reach USD 1.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.2% over the forecast period. The market is expected to witness significant growth due to increase in participation rate, which is attributed to rise in availability of synthetic ice rinks.

Protective wear occupied the largest market share in 2018 owing to the nature of the sport. Serious injuries such as head concussions, shoulder separation, and ankle sprains are common in this sport. According to an article published in the British Journal of Sports Medicine, 39.8% of the injuries were related to head and face. As a result, CCM, one of the key manufacturers of ice hockey equipment, launched the Resistance Helmet, which is considered to be one of the most innovative ice hockey helmets in Canada. Similar product launches to improve the safety are anticipated to contribute to the growth of the market during the forecast period.

Offline sales accounted for the largest market share in 2018. Players prefer to check the quality and specifications of the equipment before completing the purchase. Leveraging this preference, Pure Hockey, one of the largest hockey retailers in U.S. acquired Bauer Hockey’s “Own the Moment” retail stores. With this acquisition, Pure Hockey now operates in 53 locations across U.S.

Such sports specialty stores are anticipated to generate offline sales during the forecast period. Growth of the e-commerce industry is expected to drive online sales with a CAGR of 4.2%. Customer reviews, secure payment transactions, doorstep delivery, and suitable return policies are some of the features driving online sales.

North America held the largest market share in 2018 as ice hockey is the national sport in Canada. The sport is also very popular in U.S., which accounted for the second largest share in the global ice hockey equipment market. Moreover, presence of key players of the industry is concentrated in this region, which is anticipated to drive sales during the forecast period.

Rest of the world is anticipated to witness the fastest growth in this market. Major attributes contributing to the growth are increasing popularity of ice hockey owing to various initiatives taken by the International Ice Hockey Federation (IIHF). In 2019, 12 Asian countries are being represented in the IIHF World Championship program. The CIS region is also anticipated to witness substantial growth on account of increasing participation in countries like Russia and Belarus.

In April 2013, Bauer launched BAUER OD1N product line that included innovative hockey skate, a fully personalized protective body suit, and an ultra-lightweight, customized goal pad constructed with unique materials, which were not previously used in the construction. This product line was aimed at expanding the product portfolio and improving the company’s performance in the market

Click the link below:
https://www.grandviewresearch.com/industry-analysis/ice-hockey-equipment-market

Further key findings from the study suggest:

  • By product type, the sticks segment is expected to ascend at a CAGR of 3.4% owing to the short shelf life of ice hockey sticks and frequency of play
  • The global ice hockey equipment market is highly concentrated with a few players such as Bauer, CCM, Easton, and Sher-Wood
  • In 2017, Adidas sold its CCM hockey business segment to Birch Hill Equity Partners due to decrease in market share of CCM.

Baby Safety Products Market Size Worth $132.2 Billion By 2025

The global baby safety products market size is anticipated to reach USD 132.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. Rise in government initiatives regarding infant safety has been driving the global market.

In 2017, out of 3,600 Sudden Unexpected Death Syndrome (SUID) in U.S., 38% of the deaths were due to Sudden Infant Death Syndrome (SIDS), also known as crib or cot death. Centers for Disease Control and Prevention (CDC), launched an initiative named Protect the Ones You Love to raise awareness among parents about the causes of child injury, SIDS, and SUID and how they can be prevented. These factors have been contributing to the demand for baby safety products.

Baby safety products such as monitors, cribs, and strollers provide safety and comfort to the babies either while travelling or when the parents are not around. To keep these products safe for infants, the governments around the world have taken certain initiatives. For instance, in Europe, the United Nations Economic Commission of Europe (UNECE) Regulation No. 44 and Regulation No. 129 have set standards for child restraint systems and every baby car seat must meet these standards.

In 2018, the car seats segment held the largest share of 70.6%. Rising incidents of fatal car accidents is increasing the demand for baby car seats and is one of the prime factors accountable for the large market share. For instance, in China, more than 18,500 children under the age of 14 die annually due to road accidents. To control the number of accidents, manufacturers in China are coming up with new products through online and offline stores. For instance, Alibaba.com offers more than 32,000 baby car seat products.

The offline distribution channel held the largest share of over 70.0% in 2018. The online distribution channel is anticipated to expand at the fastest CAGR of 5.3% from 2019 to 2025. Product comparison feature, detailed product overview, and easy exchange and refund options are making customers comfortable with shopping online.

Asia Pacific is expected to expand at the fastest CAGR of 5.8% from 2019 to 2025. The market in this region is primarily driven by an increase in birth rate and number of working mothers in countries such as China and India. According to EPRA International Journal of Economic and Business Review, the female labor participation rate has increased by 4.1% over the last three decades.

Rise in the number of new births in this region and large population are the major factors contributing to the baby safety products market growth in this region. For instance, according to The National Health and Family Planning Commission (NHFPC), the average number of new births in China each year is estimated to be 17 million to 20 million from 2016 to 2020.

The companies are coming up with new products to cater to consumer needs. For instance, Silver Cross Jet Ultra Compact Stroller folds down to a small size and is ultra lightweight. The industry is dominated by leading players such as Britax Child Safety, Chicco, Dorel Industries, Baby Cache, Baby’s Dream Furniture, Baby Jogger, Baby Trend, Combi, Cosatto, Graco, and Land of Nod.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/baby-safety-products-market

Further key findings from the report suggest:

  • Offline distribution channel held the largest baby safety products market share of more than 70.0% in 2018
  • The online distribution channel is expected to expand at a CAGR of 5.3% from 2019 to 2025 due to features such as product comparison, detailed product overview, and easy exchange and refund options
  • By product type, the monitors segment is anticipated to expand at the highest CAGR of 6.6% from 2019 to 2025
  • Asia Pacific is expected to witness the fastest growth over the forecast period due to increase in birth rate and number of working mothers in countries such as China and India, along with growing awareness about infant safety.

Face Bronzer Market Size Worth $22.5 Billion By 2025

The global face bronzer market size is expected to reach USD 22.5 billion by 2025, expanding at a CAGR of 9.5%, according to a new report by Grand View Research, Inc. Increasing awareness of the functions of the cosmetic products such as concealing imperfections on the facial skin such as blemishes, pores, freckles, powder spots, under-eye is a key driving factor. Powder circles and wrinkles are uplifting the demand for specific face make-up cosmetics such as bronzers and blushers. In addition, there has been a remarkable rise in the demand for organic and natural face bronzers due to awareness of harmful side effects of the synthetic elements in these cosmetic products.

Furthermore, aggressive and glamorous promotions of these products and constant product innovations by the manufacturers have increased the demand for this product among the young population. Consciousness of women about their physical appearance and their inclination towards beauty products that help in enhancing their inherent beauty and highlighting certain facial features result in the market growth. Contouring helps in slimming down the forehead, nose, chin, jawline, and other parts of the face, while providing a bronze look to the face. The trend of the bronze look is expected to further drive the market. Moreover, influence of the emerging trend of different facial looks everyday amongst the youngsters is anticipated to fuel the market growth.

Increasing disposable income in the developing countries of Asia Pacific is driving the demand for face make-up cosmetic products. Furthermore, association of women to beauty in the film industry and worldwide beauty contests has spurred the demand among women. This has been influencing the women all over the globe to buy make-up products. The cream/liquid bronzer is anticipated to witness significant growth, followed by powder and stick face bronzers. This is due to the convenience and time-saving process of applying liquid bronzer with the help of spray and then brushing it to contour. Moreover, women claim to be satisfied with the liquid spray bronzer comparatively more since it stays for a longer time and gives an even texture.

Asia Pacific held the largest revenue share of 24.4% in 2018 owing to rising demand in countries such as India, Malaysia, and China and growing imports of natural and organic face make-up cosmetic products. The face bronzer market in North America is growing at a significant rate and it has held the largest share in the face bronzing powder segment, which, in turn, largely contributes to the growth of the North America market.

The manufacturers in North America are focusing on providing high-quality products by improving their production techniques. Key players are engaged in strategy implementation such as mergers and partnerships to expand their product portfolio and maintain a strong foothold in the market. Key players having a strong foothold in the global market include Chanel, Este Lauder Companies, Tom Ford, Benefit (LVMH), Bobbi Brown, MAC Cosmetics, Bourjois (Coty), NARS Cosmetics, Elizabeth Arden (Revlon), Vita Liberata, Jane Iredale, AVON, and LORAC.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/face-bronzer-market

Further key findings from the study suggest:

  • By product type, cream/liquid is projected to ascend at a CAGR of 9.8% over the forecast period. The powder segment dominated the face bronzer market with 49.6% share of the overall revenue in 2018
  • Asia Pacific dominated the global market in 2018 and accounted for 24.4% share of the overall revenue. This trend is projected to continue over the next few years
  • Countries such as U.S. and U.K. are considered to be the major markets due to high demand among the consumers, followed by Brazil, China, and Japan.

Poly Alpha Olefin Market Worth $1.58 Billion By 2025

The global poly alpha olefin (PAO) market is expected to reach USD 1.58 billion by 2025, according to a new report by Grand View Research, Inc. Increasing offshore drilling activities coupled with growing automotive industry is expected to drive the demand for poly alpha olefin in synthetic lubricant application. High growth markets such as India, China, UAE, and Brazil have been shifting their preferences towards high-grade lubricants from conventional mineral oils. This factor is anticipated to remain the key driving factor for the growth of PAO over the forecast period.

PAO has various advantages over conventional lubricants such as wear & tear protection, excellent thermal stability, and good load carrying capacity which is anticipated to propel PAO industry growth over the forecast period.

PAO based synthetic fluids are expected to gain importance in future owing to lower toxicity, bioaccumulation potential and fluid loss as compared with oil base fluids (OBF). Growing concern toward downhole losses and rising maintenance expenses in deepwater projects have urged oil & gas companies to move toward such efficient drilling oils.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/poly-alpha-olefin-pao-market

Further key findings from the report suggest:

  • The global poly alpha olefin (PAO) market demand was 582.4 kilo tons in 2015 and is expected to reach 815.2 kilo tons by 2025, growing at a CAGR of 3.5% from 2016 to 2025
  • The engine oil was the leading application segment and accounted for over 65% of total market volume in 2015. Growth in this sector may be attributed to increasing use of motor oil in automobile industry under extreme temperatures.
  • Europe PAO market is anticipated to grow at a CAGR of 3.1% from 2016 to 2025 and accounted for over 40% of global volume in 2015. The growth may be attributed to regulatory support towards biodegradable products such as The Blue Angel Scheme and The White Swan Scheme.
  • Asia Pacific accounted for over 12% of the total market volume in 2015 and is estimated to be the fastest growing regional market on account of growing automotive industry which is experiencing a shift from mineral to synthetic based lubricants
  • Key industry participants in the market include Chevron Phillips Chemical Company LLC, ExxonMobil, Tulstar Products, Inc, INEOS Oligomers, Chemtura Corporation, NACO Corporation, Shanghai Fox Chemical Technology Co., Ltd., Lubricon Industries, Idemitsu Kosan Co., Ltd., Mitsui Chemicals, Inc., Shell Chemical Ltd.

Exterior Architectural Coating Market Worth $39.04 Billion By 2024

The global exterior architectural coating market is expected to reach USD 39.04 billion by 2024, according to a new report by Grand View Research, Inc. Functional superiorities including weather and moisture resistance, better aesthetics and long lasting adhesion is expected to fuel market growth over the next eight years. Furthermore, rising government spending in Asian countries on infrastructure development will augment industry expansion.

Growing demand for waterborne technology over traditional coatings, as it is cheaper and eco-friendly, will drive market growth. The introduction of green coatings coupled with the increasing usage of nanocoatings will create immense opportunities for growth over the next eight years.

Primer is expected to witness high revenue gains at a CAGR of 6.4% from 2016 to 2024 as it acts as a protector and leveler for other products including enamel and emulsions. The revenue generated by the use of exterior architectural coatings in the non-residential sector was valued at USD 8.20 billion in 2015 and is expected to witness rise on account of growing FMCG, IT, telecom and retail sector in MEA and Asia Pacific. Moreover, rapid industrialization, increasing FDI and government infrastructure spending will promote market growth.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/exterior-architectural-coating-market

Further key findings from the report suggest:

  • The global demand for exterior architectural coatings was 7.12 million tons in 2015 and is expected to show high gains in light of rapid infrastructural development in India, Saudi Arabia, Thailand, Indonesia and the U.S.
  • Alkyd resin will witness high volume growth at a CAGR of 5.3% from 2016 to 2024. Growing usage of alkyd resins in light of their high durability and superior gloss is expected to stimulate industry growth. Furthermore, rising consumption in outdoor applications owing to its low cost along with high-temperature resistance will fuel its demand over the forecast period.
  • North America accounted for 22.6% of the global volume share in 2015 and is expected to witness significant gains in light of rising reconstruction activities in the U.S. coupled with infrastructure development in Canada and Mexico. Furthermore, the implementation of the National Infrastructure Program 2014 – 2018 (NIP) in Mexico is expected to promote the product growth over the forecast period.
  • Latin America is projected to witness substantial revenue growth at a CAGR of 6.4% from 2016 to 2024 owing to the presence of various participants including BASF, Sherwin-Williams, and AkzoNobel. Increasing government efforts to offset Brazil’s housing deficit, and provide low-interest rates for housing will stimulate product demand over the forecast period.
  • Exterior architectural coatings industry is dominated by major participants including PPG Industries, Nippon Paint, BASF, AkzoNobel, and Sherwin-Williams. Ongoing product innovation to produce high-performance and cost-efficient waterborne coatings is expected to industry expansion over the next eight years. For instance, in March 2015, BASF expanded their color range and production capacity for Paliocrom products to cater to the increasing demand for high-end effect pigments in coatings. BASF is expected to widen the capacity by more than 20% by 2017 for Paliocrom effect pigments.

Ethylene Glycols Market Is Expected to Reach USD 33.36 Billion by 2020

The global market for ethylene glycol is expected to reach USD 33.36 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for polyethylene terephthalate (PET) for packaging applications, primarily in Asia Pacific and Latin America is expected to remain a key driving factor for the market. In addition, growth from the global textiles industry is also expected to support the ethylene glycol market development over the forecast period. Volatile prices and tight supply of raw materials, on account of frequent fluctuations in crude oil prices, are expected to inhibit the market growth over the next six years.

Monoethylene glycol (MEG) emerged as the leading product segment and accounted for 89.9% of total market volume in 2013. MEG in addition to being the largest product segment is also expected to be the fastest-growing ethylene glycol at an estimated CAGR of 4.8% from 2014 to 2020. MEG is mainly used for manufacturing PET and growth of the global beverages market is expected to drive the demand for MEG over the forecast period. Global market for di-ethylene glycol (DEG) is expected to reach USD 337.1 million by 2020.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/ethylene-glycols-industry

Further key findings from the study suggest:

  • The global market volume for ethylene glycols was 16,511 kilo tons in 2013 and is expected to reach 22,815.4 kilo tons by 2020, growing at a CAGR of 4.7% from 2014 to 2020.
  • PET emerged as the leading application market for ethylene glycols and accounted for 44.2% of total market volume in 2013. Growth of the beverages industry mainly in Asia Pacific and Latin America is expected to drive this market over the next six years. Polyester fibers are expected to be the fastest-growing market for ethylene glycols at an estimated CAGR of 5.1% from 2014 to 2020.
  • Asia Pacific dominated the global ethylene glycols market and accounted for 66.5% of total market volume in 2013. Asia Pacific along with being the largest market is also expected to be the fastest-growing market for ethylene glycols at an estimated CAGR of 4.9% from 2014 to 2020. This can be attributed to the growth of textile and automotive industries in the region. North America and European markets for ethylene glycols have reached their saturation point and are expected to grow at relatively lower growth rates over the forecast period.
  • The global market for ethylene glycol is fairly concentrated with the top four companies operating in the market including SABIC, Dow Chemical Company, Sinopec and Shell Chemical accounted for over 50% of the total market in 2013. Other companies operating in the market include Formosa Plastics Group, Honam Petrochemicals, and Ineos.

Animal Feed Enzymes Market Size Worth $2.67 Billion By 2025

The global animal feed enzymes market size is expected to reach USD 2.67 billion by 2025, according to a new report conducted by Grand View Research, Inc. Rising requirement for enhanced nutritional value and quality in meat & dairy products is estimated to provide significant scope for the consumption of key feed processing additives including enzymes, vitamins, and emulsifiers over the years ahead. Furthermore, growing consumer awareness regarding the vitality of animal protein intake is likely to play a crucial role in influencing the scenario of the feed enzyme industry.

Phytases, carbohydrases, and proteases are the primary products used as enzymes that are utilized in different animal nutrition sectors including poultry, pigs, and ruminant. These products improve the performance of foodstuffs and make it easily digestible for the livestock categories.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/animal-feed-enzymes-industry

Further key findings from the report suggest:

  • Central & South America and Middle East & Africa are likely to witness growth on account of significantly increasing livestock farming and breeding activities in major parts of both the regions. This scenario is estimated to reflect mainly in Brazil, Argentina, Chile, Venezuela, Egypt, South Africa, and Saudi Arabia.
  • Carbohydrases, one of the major ingredients utilized in the animal feed industry, generated USD 149.3 million in 2015. These products help in the synthesis of carbohydrates into simple, digestible sugars.
  • Proteases are rapidly gaining importance as key protein digestibility enhancers in animal foodstuffs & nutrition sectors, and the segment is expected to grow at a CAGR of 9.9% over the next nine years. In May 2014, Royal DSM N.V. launched a new product range of protease enzymes. This strategic move was implemented to keep up with the growing consumer requirements of animal proteins coupled with the rise in meat consumption in developing nations.
  • The industry is highly concentrated in nature owing to the presence of numerous manufacturers on a global as well as regional level. This, in turn, has intensified the competitiveness of the industry in recent years. Furthermore, the leading feed enzyme producers including Danisco A/S, Royal DSM N.V., and Novozymes accounted for more than 50% of the total animal feed enzymes market in 2015.
  • Other prominent players include BASF SE, ENMEX S.A. de C.V., Advanced Enzymes, Adisseo, Elanco, BioResource International, Inc., Beldem S.A., and AB Vista
  • Various prominent manufacturers have integrated business operations across the global value chain. These players are not only into manufacturing value-added enzymes, but they also have a strong presence in raw material supply, product distribution, and end-use sectors.

Liquid Smoke Market Size Worth $92.3 Million By 2025

The global liquid smoke market size is expected to reach USD 92.3 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.2% over the forecast period. Growing popularity of liquid smoke as functional ingredients in manufacturing processed foods on account of its easy handling characteristics and high water solubility is expected to remain a key driving factor in the market. Furthermore, increasing consumption of barbeque dishes among working class population of developing economies including China and India is expected to open new avenues for the industry over the next few years.

North America generated a revenue of more than USD 18.0 million in 2018. This region is expected to foresee gains due to shifting preference for liquid smoke as browning agents, color stabilizers, and antimicrobial additives in the meat and sauce industry of U.S. and Canada. Furthermore, strong brand foothold of key liquid smoke industry participants including Red Arrow International LLC and Colgin through their well-established distribution networks in U.S. is projected to remain a favorable trend in the near future.

Asia Pacific is projected to account for a share of 20.5% by the end of 2025. This revenue growth is attributed to the positive outlook towards the food processing industry in the countries including China and India, wherein the governments are framing favorable laws and investments are increasing by multi-national companies. These policies are expected to expand the scope of liquid smoke as functional ingredients in manufacturing various processed foods produced in the aforementioned countries.

Meat products are expected to generate a revenue of USD 28.8 million by the end of 2025. Meat products have been the largest application segment for this product, wherein the primary purpose behind its use is to give a smoky taste to the meat products, such as barbeque sausages and salmon.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/liquid-smoke-market

Further key findings from the study suggest:

  • By application, pet foods are projected to exceed a revenue of USD 10.0 million by 2025. Sauces accounted for 24.5% share of the overall revenue in the year 2018
  • Europe is expected to account for 31.3% share of global revenue by 2025
  • Key industry participants include Red Arrow International LLC; Baumer Foods Inc.; Azelis SA; B&G Foods Inc.; Ruteinberg Ingredients BV; Kerry Groupe PLC; MSK Ingredients; Redbrook Ingredients Services Ltd.; and Besmoke Ltd.

Facial Care Market Size Worth $132.7 Billion By 2025

The global facial care market size is expected to reach USD 132.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. Increasing use of face cosmetic products to improve skin conditions and growing facial consciousness are expected to have a positive impact on the industry growth over the forecast period. Over the past few years, introduction of new products including BB creams, moisturizers, anti-aging creams, skin toners, cleansing wipes, and masks and serums by key personal care companies including L’Oréal and Procter and Gamble have remained prominent trends in the market.

Asia Pacific accounted for the largest share of the overall market owing to convenient supply of raw materials, economic growth, and new product launches in emerging economies, including China and India. The market in Asia Pacific is anticipated to gain momentum due to high demand from developing countries like India and China, which together accounted for more than 70.0% share of the overall revenue in 2018.

The facial care market is highly competitive in terms of launching new product variants and pricing. Major manufacturers in the market are investing in R&D to introduce new products and meet the growing consumer demand for enhancing skin appearance. This is, in turn, likely to propel growth of the market in the near future.

Skin-whitening and anti-ageing are the latest trends in the market, which has enabled the manufacturers to customize the products accordingly to meet desired specifications given by users. Facial creams has been the largest application segment for this product, wherein the primary purpose behind their use is to moisturize, hydrate, and improve fairness of the skin in order to get younger-looking skin.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/facial-care-market

Further key findings from the study suggest:

  • Europe is expected to expand at a CAGR of 5.3% over the forecast period owing to increasing preference of consumers to maintain healthy and glowing skin in key countries including Germany and U.K.
  • Facial creams accounted for 25.9% share of the overall revenue in 2018 as a result of increased demand to treat tired or ageing skin, add glow, and improve skin conditions
  • The U.S. facial care market is projected to reach USD 25.0 billion by 2025, wherein the major share is held by companies such as Procter and Gamble, Estee Lauder Company, and P&G Co.
  • Facial creams in U.K. generated a revenue of USD 2.4 billion in 2018.