Feminine Wipes Market Size Worth $2.07 Billion By 2027

The global feminine wipes market size is anticipated to reach USD 2.07 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.8% from 2020 to 2027. Demand for the product is driven by rising awareness among women worldwide regarding genital hygiene. At a macro level, increasing instances of early puberty are contributing significantly to the market growth.

The novel COVID-19 pandemic has contributed significantly to the market growth, with a sizable number of consumers worldwide keeping a stock of products (feminine wipes) that could last for months. Thus, panic buying is likely to create an unprecedented demand for the product throughout 2020. Though numerous leading retail outlets shut down operations due to the COVID-19 crisis during the first half of 2020, online sales of feminine wipes continue to remain healthy, most notably in the Asian markets.

Despite its rising popularity as a convenient feminine intimate care product, feminine wipes continue to face an increasing threat of substitution from a host of products, including washes, creams, and moisturizers. However, key market players are expected to offer products manufactured using sustainable raw materials to offset the threat of substitution for their products.

Asia Pacific emerged as the largest regional market for feminine wipes in 2019. Led by countries such as India and China, the Asia Pacific market is driven by an increasing number of health-conscious women. Southeast Asian markets, including Vietnam and Indonesia, have witnessed healthy gains across retail platforms over the years, thereby emerging as engines of growth. On the other hand, India is likely to emerge as the most lucrative market for feminine wipes in the foreseeable future, given the efforts being made by the industry and the government to promote hygiene practices among women countrywide.

The market is largely fragmented, with both domestic and international players sharing the market space. Market participants are expected to deploy mergers & acquisitions and product innovation as their key strategies to remain competitive in the coming years.

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

Further key findings from the report suggest:

In terms of distribution channel, the hypermarkets and supermarkets segment accounted for 37.2% share of the overall revenue in 2019
Asia Pacific held the largest share of 34.2% in 2019
Product innovation emerged as the key strategy deployed by the majority of market players to stay abreast of the competition.

Laptop Backpack Market Size Worth $1.3 Billion By 2025

The global laptop backpack market size is expected to reach USD 1.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.8% over the forecast period. Rising consumer needs for technical gadgets in the workplace as well as educational institutes have created demand for backpack to provide protection from scratches, water damage, moisture, and heat. Manufacturers are increasing spending on new product developments to fulfill consumer growing demand. For instance, in July 2016, Samsonite IP Holdings S.AR.L launched protective laptop backpacks for professionals and school students.

The student application segment is expected to witness the fastest growth in the forecast period. Smart laptop backpacks in new color designs is gaining popularity among students as a result of new product launches by manufacturing companies in e-commerce portals. For instance, in August 2018, India based company, Portronics.com launched smart laptop backpack under their existing Elements series. Furthermore, increased use of laptops among students in developed economies including U.K. and Germany is expected to have a positive impact on the Laptop Backpack market growth.

Online distribution channel is expected to be the fastest growing channel, expanding at a CAGR of 4.7% from 2019 to 2025. These channels have gained popularity as they offer products on high discounts, which attract consumers to prefer this channel. Growing penetration of smartphones in developing countries including China, India, Mexico, Brazil and South Korea is expected to promote the access of online retailers in the near future.

Asia Pacific held the largest share in 2018 and is expected to register the fastest CAGR of 4.5% from 2019 to 2025. Expansion of the middle class population in developing countries such as China and India, coupled with requirement of technical gadgets at schools, colleges, and workplaces, is expected to remain a key factor driving the market. Furthermore, positive outlook towards the laptop and tablets industry in countries including China, India, and Australia as a result of increasing number of corporate companies and educational institutes is expected to open new avenues over the next few years.

Key laptop bag manufacturers include Nike, Inc.; Kensington Computer Products Group; Samsonite International S.A.; WINPARD; The Targus Corporation; Adidas AG; Belkin International, Inc.; Li-Ning Co., Ltd.; Samsonite International S.A.; and Tumi Holdings, Inc. Companies are working on developing new products, which will provide better convenience to the consumers.

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

Further key findings from the report suggest:

The business application segment generated a revenue of USD 531.2 million in 2018 owing to predominant use of laptops among working class professionals
Online channel is projected to ascend at a CAGR of 4.7% from 2019 to 2025
Asia Pacific is expected to expand at the fastest CAGR of 4.5% from 2019 to 2025
U.S. is projected to generate a revenue of exceeding USD 240 million by the end of 2025
New product development is expected to remain a key strategy among the industry participants.

Baby Car Seat Market Size Worth $10.9 Billion By 2025

The global baby car seat market size is expected to reach USD 10.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% over the forecast period. Growing awareness regarding child safety, along with the implementation of numerous government regulations in countries including France, Germany, and U.S., is driving the market. For instance, in U.S., there are laws stated by the Insurance Institute of Highway Safety for 50 states, which need to be followed for child safety.

The convertible product segment is expected to expand at the fastest CAGR of 7.1% from 2019 to 2025. It is more economical as compared to other products as it is well suited for both infants and toddlers. It provides both rear and front-facing seats for children.

Europe accounted for the largest share in 2018 and is expected to maintain its lead over the forecast period. Increasing number of government initiatives to use the product for a child of age-group between 0 to 12 years has driven the market. Asia Pacific is expected to be the fastest growing market at a CAGR of 10.4% from 2019 to 2025.

Increasing number of accidents in developing countries such as India and China has led to the rise in installation of the product. However, despite the implementation of various laws, these are not being followed by the national citizens. According to the General Administration of Quality Supervision, Inspection and Quarantine, approximately 18,500 babies die every year due to car accidents in China.

Hypermarkets and supermarkets dominated the industry, accounting for 55.6% share of the overall revenue in 2018. High penetration of these distribution channels in developed economies including U.S. and Germany, along with preference for the technical know-how about the products, has been fueling the growth of this sector.

Key producers of this industry include Dorel Industries Inc.; Goodbaby International Holdings; UPPAbaby; RENOLUX FRANCE INDUSTRY; RECARO Holding GmbH; Newell Brands; Mothercare plc; InfaSecure; Kiwi Baby; and Artsana Group. Product innovation is expected to remain one of the key strategies over the next few years.

For instance, in 2018, Goodbaby International Holdings Limited launched a convertible baby car seat, Cybex Sirona M. This product features sensor safe technology and enables the smart phone connectivity. The smart phone connectivity renders an alert to the driver if the seat is unbuckled during traveling in case of extreme cold or hot temperatures.

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

Further key findings from the study suggest:

By product, the infant segment held the largest share of 32.2% in 2018
Online channel is expected to register the fastest CAGR of 7.1% from 2019 to 2025
Asia Pacific is expected register the fastest CAGR of 10.4% from 2019 to 2025
Europe held the largest share of more than 30.0% in 2018.

Baby Personal Care Market Worth $9.21 Billion By 2027

The global baby personal care market size was valued at USD 9.21 billion in 2019, expanding at a CAGR of 6.2% from 2020 to 2027, according to a new report by Grand View Research, Inc. The market is largely driven by rising consumer awareness about personal hygiene of babies and increasing number of births per year in developing countries.

Moreover, manufacturers such as The Procter & Gamble Company, Kimberly-Clark Corporation, and Johnson & Johnson Limited are investing in innovation and product trials and development of a vast variety of baby personal care products as millennial parents are spending more and are financial stable, resulting in higher spending capacity.

With an average birth rate of 16.6% in developing countries and 11.2% in developed countries in 2018, the market is expected to witness significant demand for innovative products with minimum health and environmental hazards. Demand for organic personal care products is expected to provide a huge opportunity for the product manufacturers by encouraging them to innovate their product offerings. However, relatively higher prices of organic baby products as compared to regular cosmetic products are anticipated to restrain the market growth.

Cosmetics including baby personal skin care products held the largest market share and will continue to grow at a robust pace in future due to a wide range of product offerings, including skin and hair care. In the toiletries segment, diapers and disposable diapers are expected to witness significant growth during forecast period.

Asia Pacific is anticipated to be the fastest growing regional market in the coming years as demand for baby personal hygiene products is growing in countries, such as India and China, due to increasing number of births, and hence raising consumer spending on baby products in this region.

Rise in the sales of organic and natural skin care products have pushed the manufacturers globally to increase their scale of operation. Furthermore, key brands are principally targeting consumers who are looking for organic products. Internationally reputed market players such as Procter & Gamble (P&G) and Kimberly-Clark held a significant market share in 2019. P&G drove sales in the toiletries segment with its premium diaper brand “Pampers”. Kimberly-Clark is the second biggest baby personal care product manufacturer with toiletries brands, such as Huggies, GoodNites, Pull-Ups, and DryNites. Johnson and Johnson (J&J) contributed to the growth of the baby cosmetic segment with its skin and sun care products, hair care products, and shower gels.

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

Further key findings from the report suggest:

On the basis of product, toiletries including baby wipes and diapers are expected to witness strong growth during the forecast period
Based on distribution channel, the online segment is likely to expand at the fastest CAGR throughout the forecast period
Asia Pacific is anticipated to emerge as the fastest growing regional market in the years to come with India and China being the key contributors to the baby personal care market growth
Some of the key players operating in the global market are Nestle S.A.; BABISIL; Cotton Babies, Inc.; Danone S.A.; The Himalaya Drug Company; Farlin Infant Products Corporation; and Mead Johnson Nutrition Company

Cereal Bars Market Size Worth $17.66 Billion By 2025

The global cereal bars market size is expected to reach USD 17.66 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.1% during the forecast period. Cereal bars are widely being consumed in developed economies. The growth in granola and nutrition bar product segment is expected to further drive the market. Rising awareness about the consumption of cereal bar is also likely to fuel the growth.

Growing emphasis on quality products in developed economies such as Europe and North America owing to the rising purchasing power of the consumers is expected to drive the market over the forecast period. Rising competition among manufacturers and an emphasis on product differentiation and innovation has led to the development of differently priced cereal bar products.

The need for the product to comply with stringent guidelines and the ability to meet the necessary rating criteria, in terms of regulations, depending upon the product is likely to pose a challenge to market growth over the next seven years. In addition, there is a rising pressure from consumers in terms of the quality cereal bars, which has led to a rise in product cost. The cost is mainly affected by the raw materials in use and the manufacturer has to bear the additional raw material prices.

Snacks bars segment led the cereal bars market and constituted more than half of the total market share in 2018. Some of the leading players in the market include General Mills, Inc.; Nestle S.A.; Atkins Nutritionals; Cliff Bar & Company; Kind LLC; Hain Celestial Group; and the Kellogg Company.

Cereal bars is a lucrative market on account of growing spending capacity of consumers. They are generally consumed between regular meals in smaller portions as compared to regular meals. Various popular product options include dried fruit snacks and granola bars.

Hypermarkets and supermarkets distribution channel type occupies a dominant market share owing to the fact that the consumers in this sector are more likely to be more selective pertaining to existence of several brands and about the products in various forms, quantity, quality, and cost.

Asia Pacific is one of the most noticeable markets and is expected to witness the fastest growth over the forecast period. Increasing household income and economic growth are some of the major drivers triggering the regional growth.

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

Further key findings from the report suggest:

Snack bars product segment is projected to register a CAGR of 5.6% from 2019 to 2025
In terms of revenue, energy and nutrition product segment is anticipated to register the fastest growth in the forthcoming years
Hypermarket and supermarket led the global cereal bars market with a share of over 45.49% in 2018
Central and South America is a natural resource-rich region marked by the presence of expanding consumer base and low-cost labor markets. Rising middle-class income fueled healthy cereals bars to be reasonably priced for consumers is likely to fuel the regional growth
Natural and healthy cereal bars is anticipated to have a decent upsurge in demand over the forecast period, on account of the increasing demand for the product as breakfast cereal bars, most particularly among individuals of all age groups in countries such as U.S., India, China, Germany, and Japan
Some of the key companies present in the market are General Mills, Inc.; Nestle S.A.; Atkins Nutritionals; Cliff Bar & Company Hain Celestial Group; and The Kellogg Company. The market is extremely competitive with companies partaking in various initiatives including acquisitions, frequent mergers, strategic alliances, and capital expansion