Tag: CoronaVirus

Interdental Cleaning Products Market Size Worth $1.3 Billion By 2025

The global interdental cleaning products market size is anticipated to reach USD 1.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.6% over the forecast period. Increasing prevalence of dental cavity and rising awareness related to dental hygiene are expected to drive the market. Increase in dental problems like plaque and bad breath is fueling the demand for interdental cleaning products.

Increasing dental problems like cavities and inflammation of the gums is one of the reasons for the growth of the market. For instance, around 35 to 45 percent of the tooth surfaces is found to have interdental spaces. More than 500 bacterial species are found to be in plaque, which may lead to bad breath. Owing to improper dental care, the plaque are build up on the gum line and below the teeth that may cause many dental problems. In order to get rid of these problems, many innovative techniques are used like electrical brushes and dental tapes. This may lead to the market growth in the upcoming years.

A flexible interdental brush helps to get rid of the problems in between the teeth where a regular brush cannot reach. Major players are taking many initiatives to spread awareness related to dental hygiene and good breath. There are new innovative product launches that may boost the market growth in upcoming years. For instance, in 2019, TePe’s Interdental Brushes was awarded as the best product in the global market and it is mainly used in U.K. with over more than 10000 shoppers voting it to be the best product.

The interdental brushes segment is expected to witness the fastest growth over the forecast period. This is mainly due to advancement in technology such as battery powered and electric interdental cleaning brushes. These help in complete mouth cleaning and removing the food particles.

Europe is emerged as the largest market in 2018 and is expected to witness significant growth over the forecast period. Increasing prevalence of oral problems mainly in the western part of Europe are the regions for the growth of the market. Asia Pacific is anticipated to be the fastest growing regional market over the forecast period due to growing population. For instance, in February 2019, Philips announced to launch new products in interdental cleaning as Phillips India is the largest market in India for such products.

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

Further key findings from the study suggest:

  • By product, interdental brushes are anticipated to ascend at a CAGR of 5.3% over the forecast period. Toothpicks dominated the market with a share of 43.1% in 2018
  • The offline channel generated a revenue of USD 857.4 million in 2018. The online channel is expected to expand at the fastest CAGR of 7.0% over the forecast period due to internet penetration and online shopping
  • Asia Pacific is the fastest growing regional market, wherein India holds the largest share of the interdental brushes segment
  • Europe dominated the global interdental cleaning products market in 2018 and accounted for 29.3% share of the overall revenue. This trend is projected to continue over the next few years
  • The industry is highly competitive with the leading players including TePe Plackers, Trisa AG, Lion, GUM, Dentalpro, E-Clean, Den Tek, Colgate, Yawaraka, Curaprox, M+C Schiffer GmbH, Naisen Caring, and INHAN
  • Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

Coffee Beauty Products Market Size Worth $835.5 Million By 2025

The global coffee beauty products market size is expected to reach USD 835.5 million by 2025, expanding at a CAGR of 5.1% from 2019 to 2025, according to a new report by Grand View Research, Inc. Growing awareness about harmful impacts of synthetic chemicals and prominent inclination towards natural ingredient based beauty solutions has been driving the market. In addition to this, rising awareness about caffeine benefits such as enhanced blood circulation for skin and presence of antioxidant and anti-aging effects is expected to drive the market.

Companies are focusing on manufacturing coffee beauty solutions, thereby catering to consumers who are seeking natural based products. For instance, MCaffeine, India’s first caffeinated personal care brand, offers a wide range of coffee infused products such as face scrubs, body butter, body scrub, and face masks to provide the customers with benefits of coffee ingredients. Mr. Bean Body Care also provides coffee scrub in different flavors such as coconut, coco berry, Manuka honey, peppermint, along with body balms, which help in reducing the appearance of stretch marks, varicose veins, and age spots.

Skin care held the largest share of 34.5% in 2018. People are more concerned about their aging skin, which is driving them to use more of coffee beauty products than others, which, in turn, is expected to contribute to its demand. For instance, Mr Bean Body Care provides coffee mocha mud masks that help in cleansing skin and minimize the pore size, which is grounded with coffee beans, macadamia oil, and kaolin clay.

Hair care is expected to expand at a CAGR of 5.8% over the forecast period. Benefits such as improvement and strengthening of hair texture, enhanced blood circulation in scalp, and prevention from hair loss are some of the factors expected to impact the demand for the segment.

Online mode of distribution is an emerging mode of a channel, expanding at a CAGR of 5.6% over the forecast period. Availability of a wide range of products from premium as well as international brands is also one of the key factors expected to drive the acceptance of online purchase. Moreover, luxury brands such as The Body Shop have their own online channels apart from physical stores to make access easier for the consumers.

Asia Pacific is expected to register a CAGR of 5.8% over the forecast period. Adoption of western culture and inclination towards the trends of European countries for the usage of caffeine in beauty products are driving the market in the region. French brand, Terre De Mars is all set to launch its luxury coffee based face scrub and body scrubs soon for millennials.

Key players in the market include L’Oréal Paris; Avon Product Inc.; Bio care; Mr. Bean Body Care; The Body Shop; Java Skin Care; Estee Lauder Inc.; The Beauty Company; OGX; and MCaffeine. Demand for coffee beauty products that are free from harsh chemicals has been growing over the past few years. Major market players have been significantly contributing into research and development to make more of these products available according to the needs of the consumers.

Various market players are involved in manufacturing a variety of coffee beauty products such as body scrubs, masks, shampoos, perfumes, and lip care. Companies namely Loreal Paris, Java Skin care, and Estee Lauder launch lip glosses, lipsticks, and body and face scrubs made of coffee beauty products.

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

Further key findings from the study suggest:

  • Skin care dominated the global market with a share of 34.5% in 2018
  • Europe dominated the market in 2018. This trend is projected to continue over the next few years owing to growing demand for hair care products
  • Asia Pacific is expected to witness high demand over the forecast period due to increasing exposure and demand for coffee beauty products
  • coffee beauty products market is highly competitive in nature with the main players including Estee Lauder, Body Bean Care, The Body Shop, and L’Oréal Paris
  • Various manufacturers are concentrating on new product launches and capacity expansion to estimate existing and future demand patterns from upcoming product segments.

Tannin Market Size Worth $3.39 Billion By 2025

The global tannin market size is expected to reach USD 3.39 billion by 2025, expanding at a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Globally increasing demand from the leather industry has been a major factor driving market growth. The utilization of tannin extracts in pharmaceuticals has increased owing to the growing consciousness regarding the medical advantages of tannin-based products.

Tannins are extensively utilized for the production of wine owing to their high anti-oxidation properties. These are used to provide color stabilization of wine and also to provide structural stability. All these factors are expected to benefit the demand for wine applications over the forecast period.

Tannins have mucosal tissues and coagulate proteins, which is useful for soothing skin irritation and pain. Medical tannin based products are utilized for soothing scars on the skin, wounds, sore mouth, minor hemorrhages, burns, and bronchitis.

Tannin extracts are used in all three stages of leather manufacturing including, preparation stage, tanning, and crusting. Owing to this scenario, leather tanning was the largest application category in 2015 and is expected to maintain its dominance over the next nine years. The leather tanning segment had a market share of 62% in 2015.

Hydrolysable tannin is expected to be the fastest growing segment in the product category over the forecast period with an estimated CAGR of 7.0% from 2016 to 2025. Hydrolysable tannins are often utilized in the manufacturing of pharmaceuticals owing to their antibacterial benefits. Recent studies have suggested that these tannins have beneficial effects against cancer.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/tannin-market

Further key findings from the report suggest:

  • The global tannin demand was 1,076.3 kilotons in 2015 and is expected to grow at a CAGR of 5.8% from 2016 to 2025
  • Plants emerged as the largest source segment in 2015 and is estimated to generate revenue over USD 3.22 billion by 2025
  • Global tannin demand in wine making was USD 0.23 billion in 2015 and is anticipated to witness steady growth over the next nine years
  • The U.S. non-hydrolysable tannin market in product category was 242.9 kilotons in 2015 and is estimated to reach a total volume of 424.8 kilotons by 2025
  • The industry in Asia Pacific is projected to witness substantial growth over the forecast period owing to various developments across major economies, especially in the leather manufacturing and wooden products market. The regional market is expected to grow at a CAGR of 6.8% from 2016 to 2025.
  • Key players of the industry include, Tannin Corporation, S.A. Ajinomoto OmniChem, W. Ulrich GmbH, and Laffort S.A. These major players are often indulged in joint ventures, mergers & acquisitions, in order to gain market, share and expand their product portfolio

U.S PMMA Film And Sheet Market Size Worth $1.11 Billion By 2025

The U.S. polymethyl methacrylate film & sheet market size is expected to reach USD 1.11 Billion by 2025, according to a new report by Grand View Research, Inc. The proliferation of high-speed internet has driven online retail and shopping trends, positively impacting the demand for LED displays and communication signage in physical retail stores, to compete with these virtual outlets.

What Is PMMA?

PMMA (poly (methyl methacrylate)), commonly known as acrylic, is a transparent thermoplastic that is generally used as a lightweight-shatter-resistant glass alternative. PMMA has various other names such as acrylic glass and plexiglass, and is sold under various brand names such as Plexiglas, Lucite, Perclax, Crylux, Acrylite and Perspex. The material is formed through the polymerization of methyl methacrylate (MMA) monomer. Besides being a glass-alternative, it can also be used as a casting resin, or in coatings and inks.

Innovations such as anti-algae coatings, non-yellowing sheets that offer high protection against UV and rain, and unusual design flexibility offered for construction applications have also contributed to industry growth in recent years. Among all the thermoplastics, this particular plastic possesses the highest surface hardness and is different from conventional plastics owing to its unique properties such as high transparency, UV resistance, high durability and recyclability.

Properties & Manufacturing

PMMA is completely recyclable as it can be broken down into its constituent parts by using the special thermal process. The product is heated to around 400 degrees Celsius to obtain the staring material methyl methacrylate (MMA). On distillation of the liquid MMA to over 99% purity we get the original material back which can be used again as a starting material. It is an economical alternative for polycarbonate, in matters of flexural strength, tensile strength, UV tolerance and transparency. Another advantage over polycarbonate is that PMMA does not contain bisphenol-A subunits, which are potentially harmful.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-polymethyl-methacrylate-pmma-film-sheet-market

Further key findings from the report suggest

  • The automotive and advertising sectors have seen growth in the popularity of bio-based PMMA, on account of the low toxicity of PMMA and its high biodegradability.
  • There has been heavy spending in the construction sector in the United States, as there has been further improvement in the living standards owing to decreasing unemployment. This again has contributed to the demand growth for the product.
  • Another area where PMMA films and sheets have found heavy usage is defense and aerospace, and with the U.S. being a heavy spender in these areas, the product is expected to witness high demand.
  • PMMA sheets and films offer high design flexibility and scratch resistance, and this is again conducive to its growth in the region, with the U.S. being a leading vehicle manufacturing region.
  • The major market players include Evonik Industries, Arkema Group, Lucite International, Unigel Group, Plazit-Polygal Group, PolyOne Corporation, SABIC and Plaskolite.

Coiled Tubing Market Size Worth $4.72 Billion By 2027

The global coiled tubing market size is expected to reach USD 4.72 billion by 2027, expanding at a CAGR of 4.8% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to grow on account of increasing need to maximize oil and gas output from existing oil and gas wells. Rising demand for primary energy for transportation, power generation, and household activities has resulted in increased consumption of oil and gas in major economies. As a result, there are increasing investments in exploration and production activities in unconventional oil and gas reserves.

Coiled Tubing (CT) plays a significant role in enabling upstream oil and gas players to produce oil in a cost effective way. It can be used on live wells as the product can be inserted into the well while the oil and gas production is ongoing. Moreover, there are number of well intervention operations such as well completion and well cleaning that can be performed in a cost effective way through utilization of coiled tubing. It can endure greater tensile and compressive forces when perforating highly deviated and horizontal wells.

North America was the largest regional market for coiled tubing in 2019. The region is predicted to maintain its dominance in the forthcoming years. Significant boost in the production of tight oil particularly in U.S has resulted in significant rise in demand for coiled tubing. Canada is yet another prominent regional market, as there are number of deviated wells in the country, for which CT is largely used for well intervention and drilling services.

The top three players in the global coiled tubing market include Halliburton, Baker Hughes Company, and Schlumberger Limited. These companies gain competitive edge in oilfield service market as the oil and gas exploration and production companies are aiming to minimize cost of production through innovative technologies like coiled tubing.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/coiled-tubing-ct-market

Further key findings from the report suggest:

  • North America is expected to register the fastest CAGR of 5.5% in terms of revenue, from 2020 to 2027, owing to accelerating production of tight oil in the country
  • Well intervention service is estimated to exhibit the fastest CAGR of 5.0%, in terms of revenue from 2020 to 2027. The growth is attributed to rising demand from oil and gas producers to maximize production from the existing wells
  • Onshore application acquired the highest market share of 61.5% in 2019 owing to abundant production of oil and gas from onshore fields
  • Offshore application is estimated to experience the fastest CAGR of 5.6% in terms of revenue, from 2020 to 2027, owing to rising investments in offshore fields on global scale
  • In 2018, Baker Hughes Company was awarded the contract by Saudi Aramco for coiled tubing services and drilling for Marjan oilfield expansion

Agar Agar Gum Market Size Worth $345 Million By 2025

The global agar-agar gum market size is anticipated to reach USD 345.3 million by 2025, according to a new report by Grand View Research, Inc. shifting consumer preference towards animal-free products and popularity of dairy-based products to maintain healthy diets has resulted in significant market growth.

Does the term ‘agar-agar gum’ ring a bell for you? If it does not, well, in the near future, it definitely will. It is a gelatinous polysaccharide used in food products that is well-known amongst the vegetarian and vegan crowd, as shifting lifestyle choices across the globe has prompted various substitutes for animal-based items such as gelatin in the food industry. Gelatin, once highly popular and a crucial ingredient for baked goods, desserts, confectionaries and similar items, is now considered by many as “non-vegetarian” since it is derived from animal sources. This has pushed the demand of agar-agar gum, its ‘vegetarian substitute’, in many regions.

Of Great Nutritional Value

Agar is actually composed of two substances, namely agarose and agaropectin. The gum is derived from seaweed, extracted and processed under stringent conditions to produce powders, squares or strips which can be utilized directly in cooking or baking applications. The best thing about agar-agar gum is that it is colorless, flavorless and odorless, which eliminates requirement for any processing, and it is sold in the form of dehydrated flake or powder, and helps in attaining a “thick” texture, from custards to soups. Another feature of this product is that it is high in fiber, iron and calcium, while being devoid of fats.

The major difference between agar-agar gum and gelatin is that unlike the latter, agar-agar sets more firmly, maintaining its furnace even at high temperatures. Many of the dairy products need a firm gel structure, and this is where agar-agar comes into the picture. The gel helps in maintaining the shape and consistency of the products, thus preserving optical freshness. Even at lower concentration levels of 0.04%, the gel can provide stability and thickness to the food items without any technical assistance. The gel strength of agar-agar is also significantly higher, when compared to gelatin.

Agar-agar gum is synonymous with health benefits, and it is no wonder that the food industry has recognized its potential and moved quickly to integrate it in different products.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/global-agar-agar-gum-market

Further key findings from the report suggest:

  • Agar-agar gum contains 80% fiber, minimal amount of carbohydrates, and no fats, which translates to very low calorie count.
  • Due to its high fiber content, it is used as a laxative as it moves rapidly in the digestive system.
  • Agar-agar gum has been incorporated in traditional eastern medicines for treating diabetes and constipation.
  • The product is rich in minerals such as potassium, magnesium and folate, and is ideal for weight loss plans, being used in Japan as such.
  • Consumer preference has started shifting towards animal-free products, and with gelatin being derived from animal sources, consumers have naturally moved away from it towards vegetarian substitutes.
  • The global population has steadily become health-conscious, which has led to the popularity of dairy-based products in consumer diet, again factoring in the growth of the agar-agar gum market.
  • The activity of seaweed harvesting and collection has been a major source of income to the rural fishing population of Spain, Portugal, Morocco, and Chile, among others, especially to the female demographic.
  • Major technological advancements have been made in this industry, such as metal scrapers, which ensure that large quantities of seaweed can be extracted with minimum effort.
  • New and improved techniques for pre-treatment, cleaning, dewatering, and filtration and gelation have been introduced, which has propelled the agar-agar gum industry.
  • With vegan and vegetarian diets now governing a significant number of households, creative cooking methods have taken a hold of the market. Textured foods and foamed products have also proved critical for market growth of the product.
  • Key companies in the industry include TIC Gums, AEP Colloids, Meron Group, Myeong Shin Agar, Marine Science Co., Ltd, Agarmex, Orient Resources Company, B&V, Titan Biotech Ltd, AgarGel, Central Drug House (P) Ltd., Agar Swallow, Agar Corporation, Ltd., AsionsChem, Indoalgas and Able Sales Company. These organizations are actively investing in R&D and supply chain management to improve their existing portfolio and boost the properties of agar-agar gums.

Shampoo Bars Market Size Worth $17.0 Million By 2025

The global shampoo bar market size is expected to reach USD 17.0 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.6% over the forecast period. Increasing awareness regarding environmental friendliness and sustainability among consumers is expected to shift the focus towards zero plastic wastage associated with the personal care products packaging. In addition, growing application of organic hair care products as a result of rising concerns over hazardous effects associated with synthetic counterparts is a key driving factor.

The global market is fragmented in nature due to the presence of a large number of players. Furthermore, rising number of new entrants has increased the market competition as companies are providing innovative and customized products. Manufacturers are adopting various marketing strategies in order to increase the product visibility and product penetration. For instance, in January 2019, Lush Retail Ltd. inaugurated its first packaging free “Naked” cosmetics exclusive outlet in Manchester, U.K. The company aims to reduce plastic wastage from the cosmetic and personal care industries. These initiatives are likely to fuel the demand for shampoo bar in the foreseeable future.

Asia Pacific is expected to be the fastest growing regional shampoo bars market with a CAGR of 8.2% from 2019 to 2025. Over the past few years, recycling of plastic has become a critical concern in Australia. According to the National Waste Report 2018 published by the Department of the Environment and Energy, in the year 2016-17, Australia generated around 103 kg per capita of plastic waste. Out of which, 87% of the plastic wastes went to the landfill, 12% was recycled, and just 1% of the waste was converted into the energy from a waste facility.

This huge plastic wastage is becoming a burden on the environment. In order to eradicate this problem, in 2018, the Department of the Environment and Energy, Australia, announced to ban microbeads from the cosmetic and personal care products packaging. These government initiatives are likely to support the demand for shampoo bar, which comes with no packaging.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/shampoo-bar-market

Further key findings from the study suggest:

  • Online distribution channel is expected to generate a revenue of USD 11.9 million by the end of 2025
  • Asia Pacific is projected to expand at the fastest CAGR of 8.2% from 2019 to 2025
  • In terms of revenue, North America accounted for the largest share of 65.7% in 2018
  • Key players in shampoo bars market include Lush Retail Ltd.; J R Liggett Ltd Inc.; Plaine Products; Osmia Organics, LLC; BEAUTY AND THE BEES PTY LTD.; Oregon Soap Company;The Refill Shoppe;BIOME LIVING PTY. LTD.; Rocky Mountain Soap Company Inc.;and Ethique Beauty Ltd.

Watches Market Size Worth $117.8 Billion By 2025

The global watches market size is expected to reach USD 117.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 13.0% over the forecast period. Rising importance of smart watches as a key wearable device that provides exceptional functionality to paired up with Bluetooth and near field characteristics (NFC) is expected to prompt the product’s consumption among the buyers. Furthermore, growing popularity of weight management among sports enthusiasts and gym professionals as a result of increasing concerns over heart diseases and obesity is expected to fuel the demand for smart watches for body activity monitoring.

Asia Pacific is expected to expand at a CAGR of 13.9% from 2019 to 2025. Improvement in economic indicators including increasing disposable income and urbanization in the countries including China, India, and Malaysia is projected to upscale the requirement of watches. Furthermore, increasing number of supermarkets in these countries in light of favorable government policies for promoting investments in the manufacturing and retail sectors on a domestic level is expected to ensure the product’s access in the near future.

The industry is growing rapidly as the vast features offered by these products is attracting more customers. Features including GPS, distance tracker, health tracker, speakers, and Bluetooth connectivity are giving smart watches an upper hand in terms of preference among the customers. The majority of watches are available in the form of quartz product types. In October 2017, Tag Heuer announced its partnership with Enjoy, a startup company by Ron Johnson that specializes in custom tailored and home delivery watches called Personal Atelier.

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

Further key findings from the study suggest:

  • North America accounted for more than 30.0% share of the overall revenue in the year 2018
  • The fitness product segment generated a revenue of more than USD 10.0 billion in 2018
  • By operation, quartz accounted for 70.8% share of the overall revenue in 2018
  • Online channel is expected to expand at a CAGR of 14.0% from 2019 to 2025
  • Key manufacturers in watches market include Rolex SA, Oakley, Inc.; Omega SA; Apple Inc.; Patek Philippe SA; and Titan Company Limited. Product launches are expected to remain a critical success factor over the next few years
  • In March 2018, Citizen launched two new products from CAMPANOLA with product name NZ0000-15F and AH7060-53F featuring traditional Japanese “Urushi” lacquerware dial created by master artisans.

Bath Furnishing Market Size Worth $47.0 Billion By 2025

The global bath furnishing market size is expected to reach USD 47.0 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 driven by consumer concerns over healthy and hygienic products, especially in the bathroom accessories segment. Moreover, drastically changes in purchasing power of consumers in developing countries such as China and Japan have fueled the demand over the forecast period.

The market is driven by growth of the wellness and hospitality sectors in Asia and South America, along with rise in sales of furniture products used in the industry. Moreover, the growth is attributed to growing middle and high class population leading to a rise in disposable income of consumers. Moreover, growing purchasing power of consumers leading to adoption of premium products and inclination towards decorative and smart products are anticipated to drive the demand in market.

Increasing number of product launches in bath fittings such as faucets, shower heads, and mirrors in industry due to growing demand for specialty products is a key driving factor. Moreover, impact of e-commerce channels, presence of a number of furniture shops and DIY shops, cost effectiveness, and health conscious consumers provide a lucrative growth opportunity for the global market.

North America is anticipated to witness significant growth due to increasing consumer awareness regarding hygienic product categories, along with growing product launches in bath furnishing market. Moreover, Asia Pacific is expected to witness a rise in sales of bathroom fittings due to growth of the construction industry and increasing demand for products over forecast period.

Growing demand for interior designing techniques and products in the home decor market will increase the growth of global market. Moreover, increasing focus of leading players on decorative mirrors and fittings products will fuel its demand in the market. Companies are launching products and expanding their capacity in order to gain a major share in the market. The market is recognized by a few initiatives such as mergers and acquisitions, online sales, limited extension, and developments endeavored by the key players in the business such as Toto Ltd.; Kohler Co.; GROHE AMERICA, INC.; Ideal Standard International; Hansgrohe; Moen Incorporated; Roca Sanitario; S.A.; and Villeroy & Boch Group.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/bath-furnishing-market

Further key findings from the report suggest:

  • By product, furniture is projected to ascend at a CAGR of 2.8% over the forecast period
  • The offline channel dominated the global market with a share of 87.4% in 2018
  • North America dominated the global bath furnishing market in 2018 and accounted for 36.4% share of the overall revenue. This trend is projected to continue over the next few years
  • Booming hospitality industry on account of growth of the tourism sector mainly in developing countries is further expected to propel the market growth
  • The market in Asia Pacific is anticipated to witness significant growth due to increasing disposable income in India, South Korea, China, and Japan
  • The industry is highly competitive in nature with the main players including Toto Ltd.; Kohler Co.; GROHE AMERICA, INC.; and Ideal Standard International
  • Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

Dry Shampoo Market Size Worth $5.2 Billion By 2025

The global dry shampoo market size is expected to reach USD 5.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.9% over the forecast period. The market is driven by consumer awareness regarding changing beauty and personal lifetsyle, especially in the hair care applications. Moreover, drastic change in the purchasing power of consumers in developing countries such as China and India is anticipated to drive the demand over the forecast period.

Demand for premium products among the personal care category is leading to a rise in sales of natural and organic ingredients used in the industry. Growing middle class population and rising disposable income are driving the demand for shampoo products over the forecast period.

Number of product launches is increasing in the beauty and lifestyle segment due to demand for the anti-aging products in industry. Moreover, the impact of e-commerce channels, social media advertisements, and a number of beauty specialist retailers provide a lucrative opportunity for growth of shampoo products in the market.

Demand for shampoo products is anticipated to rise in North America due to growing consumer awareness regarding personal and hair care products, along with growing product launches in market. Moreover, growing product demand is expected to increase the sales in the hair and skin care sector in Asia Pacific over the forecast period. For instance, the hair care market in Asia Pacific is expected to reach USD 32.8 billion by 2022, expanding at a CAGR of 6.1% over the forecast period.

Growing consumer awareness regarding personal care products in market, along with impact of leading players such as Procter and Gamble; L’Oreal SA; Avon Products Inc., will fuel its demand in the market. Companies are involved in product launches and expansion of their geographical reach so as to gain a major share in the market.

The dry shampoo market is recognized by a few initiatives such as mergers and acquisitions, online sales, limited extension, and developments, endeavored by the key players in the business such as Unilever; Procter & Gamble Company; Church & Dwight Co, Inc.; Shiseido Company Ltd.; New Avon LLC; L’Oreal SA; Henkel AG & Company; KGaA; The Estee Lauder Companies Inc.; Kao Corporation; and Coty Inc.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/dry-shampoo-market

Further key findings from the study suggest:

  • By form, powder is projected to ascend at a CAGR of 8.3% over the forecast period
  • The women application segment dominated the market with an overall share of 58.5% in 2018
  • North America dominated the global dry shampoo market in 2018, accounting for 38.6% share of the overall revenue. This trend is projected to continue over the next few years
  • Growing personal care industry on account of changing lifestyle mainly in developed countries is further expected to propel the market growth in North America
  • The market in Asia Pacific is anticipated to witness growth due to increasing disposable income in India, South Korea, China, and Japan
  • The industry is highly competitive in nature with the main players including Unilever, Procter & Gamble Company, Church & Dwight Co, Inc., Shiseido Company Ltd., New Avon LLC, L’Oreal SA, Henkel AG & Company, and KGaA
  • Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.