Spectacles Market Size Worth $92.96 Billion By 2025

The global spectacle market size is expected to reach USD 92.96 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 2.4% during the forecast period. Rising incidences of refractive errors, especially among younger population is anticipated to boost the product demand. Furthermore, preference for prescription glasses over contact lenses for effective vision correction is expected to positively influence the growth. Rise in aging population is anticipated to further drive the growth. Increasing prominence of computer glasses to reduce eye strain and headaches is also anticipated to fuel the product demand.

Vision problems are prevalent among younger generation owing to technological disadvantages of extended usage of computers, smartphones, televisions, and other digital devices. Increased risk of Computer Vision Syndrome (CVS) is anticipated to drive the demand for anti-glare glasses and in turn fuel the spectacles market.

Currently, around 30% of global population is myopic. Around 80% to 90% young population of Asian countries such as China, Japan, Singapore, and South Korea suffers from myopia. According to the Journal of Ophthalmology, by 2050, around 50% of the global population will be myopic. According to the National Health Commission, in 2018, around 53% of mainland Chinese children and adolescents were suffering from myopia. Such high prevalence of nearsightedness is a prominent factor driving the demand for spectacles from Asia Pacific.

Commoditization of eye wear industry, influence of media and entertainment personalities, and willingness to splurge on fashionable spectacles are some of the factors driving the product demand. Rising fashion consciousness among millennials coupled with availability of a wide range of fashionable spectacles is anticipated to propel the market. Furthermore, rising demand for vision correction lenses among aging population from Asian and Latin American countries is anticipated to fuel the market growth.

Lens segment held the largest market share of 56.2% in 2018, owing to the rising occurrence of vision problems. Rising demand for plastic frames owing to their improved durability and ease of repairing is anticipated to impel the growth of this segment. Manufacturers constantly innovate lens material and add new features to the product. For instance, Crizal lenses by Essilor Ltd. are manufactured using hydrophobic coating that prevents water droplets from sticking to the surface of the lens.

Online distribution channel is expected to witness the fastest CAGR of 3.2% from 2019 to 2025 owing to increasing prominence of online shopping for spectacles. The ease of shopping with customization and configuration options coupled with doorstep delivery is anticipated to fuel the growth of the segment. Prominent players in the segment include Warby Parker and ZENNI OPTICAL, INC.

North America held the largest market share of 32.6% in terms of revenue in 2018. Rise in aging population in U.S. and Canada is expected to drive the regional demand for spectacles. According to the Vision Council of America, 75% adults from U.S. use vision correction measures, of which around 64% use eyeglasses. This factor is anticipated to propel the regional market over the forecast period.

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

Further key findings from the report suggest:

North America held the largest revenue share of the spectacles market in 2018 and is anticipated to continue its dominance over the forecast period
Frames segment is expected to expand at the fastest CAGR of 2.7% from 2019 to 2025 due to rise in demand as a result of increased commoditization
In 2018, offline distribution channel held the largest market share of about 84.9% in terms of revenue
The market is highly competitive in nature with the presence of key players including Essilor, Ltd.; Johnson & Johnson Vision; CIBA VISION; ZEISS International; HOYA Corporation; ZENNI OPTICAL, INC.; Warby Parker; Lenskart; Titan Company Limited; and MODO

Electric Hair Brush Market Worth $694.1 Million By 2025

The global electric hair brush market size is expected to reach USD 694.1 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.4% over the forecast period. Growing importance of hair styling among millennials on account of increased number of fashion grooming videos on social media websites including Facebook, YouTube, and Pinterest is expected to remain a key factor for promoting the use of advanced products including electric hair brush. Additionally, increasing concerns over adverse effects associated with ageing on hair fall and other problems is expected to force the consumers, particularly adults to use those styling products, which reduce the occurrences of such problems.

Digitalization and increasing importance of convenience as a key buying criteria among the consumers are expected to play a crucial role in promoting the importance of technically advanced smart products. For instance, in January 2017, France-based L’Oréal introduced smart hairbrush under the brand name, Kerastase Hair Coach. The company claimed that the effective use of these products results in minimizing the risks associated with hair breakage and split ends as they contain sensors, which provide information on hair quality as well as brushing patterns.

Asia Pacific is expected to expand at the fastest CAGR of 7.2% from 2019 to 2025. This growth is attributed to increasing number of male as well as female millennials in developing countries including China and India, who are increasing spending on hair styling. Additionally, increased number of salons and beauty parlors in the aforementioned countries as a result of urbanization is expected to expand the utility of the electric hairbrush over the next few years.

Major manufacturers include Philips; Rozia; Revlon, Inc.; VEGA; L’Oréal S.A.; Corioliss; DAFNI; Gooseberry; AsaVea; MiroPure; and GLAMFIELDS. Increasing number of domestic electric hairbrush suppliers in developing economies including China and India is expected to limit the share of the premium brand owners. Manufacturers will increase their spending on the development of advanced products, which will not only provide smart features to the consumers but also offer the convenience. Additionally, increasing number of smartphone users at the global level as a result of improved network connectivity and new launches of advanced phablets and tablets are expected to force the manufacturing firms to expand their product line in e-commerce portals.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/electric-hair-brush-market

Further key findings from the report suggest:

By application, the professional segment accounted for 70.8% share of the global revenue in 2018 owing to high ease of utility of these products among fashion experts and barbers
The online channel is anticipated to expand at the fastest CAGR of 6.2% from 2019 to 2025
Europe was the largest electric hair brush market, accounting for exceeding 35.0% share of the global revenue in 2018 owing to high popularity of hair straightening among millennial women in Germany and U.K.
China and India are expected to remain lucrative markets on account of increasing population of middle-income groups at the domestic level
Product innovation is expected to remain a key success factor among the industry participants.

Men’s Swimwear Market Size Worth $6.29 Billion By 2025

The global men’s swimwear market size is expected to reach USD 6.29 billion by 2025 registering a CAGR of 6.4%, according to a new report by Grand View Research, Inc. Major factor contributing to the market growth includes product innovation as a result of rising demand for fashionable sports apparels. For instance, in 2017, McCartney formed a partnership with ISA Spa to increase the portfolio of their men’s swimwear collection and related products, such as boxers, beach bags, briefs, t-shirts, and towels.

Polyester-based swimwear apparels have the highest demand as they possess excellent strength and UV resistant properties. Furthermore, these products have excellent durability as well as quick drying characteristics. Increasing consumer awareness about advanced fabrics is expected to boost the demand for such products, thereby augmenting market growth. Online distribution channel is expected to be the fastest-growing segment channel over the forecast period.

Rising penetration of e-commerce websites, such as Myntra and Amazon, which offer a wide range of products at discounted prices and Cash-On-Delivery (COD) services is expected to have a positive impact on the segment growth. Asia Pacific led the global market in 2018 and is projected to expand at the highest CAGR from 2019 to 2025. Changing consumer behavior and growing disposable income levels in developing countries, such as China and India, are the key factors driving the regional market.

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

Further key findings from the study suggest:

Polyester fabric segment accounted for the largest revenue share of the global market in 2018 due to high product demand
The segment is projected to expand further at the fastest CAGR and maintain its leading position throughout the forecast years
Asia Pacific was the dominant regional men’s swimwear market in 2018 and is estimated to witness the fastest CAGR from 2019 to 2025
Key industry participants include Calvin Klein, Jack WillsMale-HQ, Mr Porter, Helly Hansen, Topman, Everlane, MR.G’S Designs, Marcuse, and Faherty Brand
Companies are focusing on new product development to estimate the existing and future demand patterns
For instance, in May 2019, France-based DEBAYN launched swim shorts with classic fit and adjustable side fasteners. The product comprises 4-way stretch polyamide fabrics, which provides optimum comfort in water sports and sailing.

Dental Floss Market Size Worth $751.0 Million By 2025

The global dental floss market size is expected to reach USD 751.0 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to witness a CAGR of 6.3% over the forecast period. The growth is driven by increasing preference for oral care and dental hygiene. Rising incidence of dental problems such as gingivitis, dental carries, and tooth decay is a major driving factor driving the demand for interdental cleaners, including dental floss.

A major portion of teeth is below the gum line where a regular toothbrush cannot reach, leading to plaque and different dental problems. Hence it is important to clean the interdental area to remove plaque with the help of different products like interdental brushes, dental tapes, dental floss, and other such products. The American Dental Association (ADA) recommends regularly cleaning between teeth with an interdental cleaner such as floss to ensure healthy gums and teeth. According to the World Health Organization (WHO) in 2016, 50% of the global population was affected by oral disease with dental caries. Moreover, according to The Centers for Disease Control and Prevention, in 2016, more than 90% of adults in U.S. had cavity issues out of which 1 out of 4 have had untreated cavities.

Waxed floss held a dental floss market share of 36.1% in 2018. The product contains essential oils and enzymes which help in effective plaque removal. This factor is anticipated to fuel the segment growth over the forecast period. In addition, the product is available in polymer coating, which avoids shredding and promotes effortless plaque removal. Moreover, manufacturers focus on R&D and innovation to promote natural wax ingredients. Companies such as Tom’s of Maine, Inc. provide dental floss made with natural waxes—jojoba, carnauba, and beeswax with no added preservatives, sweeteners, or added color.

Online distribution channel is projected to foresee a CAGR of 7.0% from 2019 to 2025 owing to the increasing number of smartphone users and devices with active internet services. Therefore, wide range of products are easy accessible on the online portals with door step delivery services which have majorly affected online channel as a preferential shopping segment. Many e-commerce and online shopping apps like Walmart, Flipkart, Amazon, and eBay among others make online shopping for oral care products easy.

Asia Pacific is anticipated to witness the fastest CAGR of 7.5% over the forecast period on account of rising prevalence of dental issues, awareness regarding oral hygiene, and rising geriatric population. The surge in the rank of poor oral health across different countries in the region is expected to propel the demand for dental floss. Extensive urbanization and industrial development in countries such as China, India, and other Southeast Asian countries is anticipated to boost the growth.

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

Further key findings from the report suggest:

In terms of regional revenue, North America held the maximum share in the global dental floss market in 2018
Waxed floss is expected to register a CAGR of 6.4% over the forecast period due to increasing preference for products with essential oil
Offline distribution channel accounted for a value share of about 90.0% in 2018
The market is highly competitive in nature with the presence of main players including Procter & Gamble; Colgate-Palmolive Company; Johnson & Johnson Services, Inc.; Prestige Consumer Healthcare, Inc.; Dr. Fresh, LLC; Lion Corporation; and Church & Dwight Co., Inc.

Handbag Market Size Worth $67.9 Billion By 2025

The global handbag market size is expected to reach USD 67.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.4% over the forecast period. Growing brand awareness of luxury bags as a fashion symbol among adults in the developing countries including India, China, and Brazil is expected to remain a key trend in the market. Furthermore, rising female workforce on a global level is expected to promote the usage of handbags over the next few years.

By product, tote bag dominated the market in 2018. Consumers prefer these bags due to their large space. Necessary items such as mobile phone, wallet, laptop, sunglasses, documents, and makeup of the consumers can be fitted in these types of bags. As a result, these products have gained significant popularity among the working class women. Manufacturers have been expanding the product line of tote bags with new designs and better quality. In 2015, Furla, an Italian luxury company, launched Twist Tote bag under its Spring Summer collection. These tote bags are available in a wide range of colors including ocean onyx, petalo onyx, and emerald onyx.

Leather bags dominated the market in 2018 and accounted for 48.5% share of the global revenue. Better quality and durability of the leather are driving the demand for the product across the world. Moreover, rising per capita income in the developing countries is fueling the demand for luxury goods, including leather bags.

Asia Pacific is expected to witness the fastest growth from 2019 to 2025. Availability of affordable brands, along with rising per capita income of consumers, is driving the market for the product in this region. In 2018, Coach, one of the leading brands of this industry, launched platinum ‘Parker’ Diwali handbag in India for the Indian festive season. These bags are made of leather and available in two different sizes.

Key competitors in this industry include Tapestry, Inc.; LVMH Moët Hennessy – Louis Vuitton SE; Michael Kors; Gucci; Fossil Group, Inc.; Ted Baker plc; Hermès International S.A.; Prada S.p.A.; Chanel S.A.; Burberry Group PLC; and Compagnie Financière Richemont SA. Industry participants are emphasizing on the establishment of new online distribution channels as customers are increasing their spending on utilizing e-commerce portals as a selling window.

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

Further key findings from the study suggest:

North America held the largest share of more than 30.0% in 2018
The online distribution channel is expected register the fastest CAGR of 7.4% from 2019 to 2025
The tote bag product segment held the largest share of 41.7% in terms of revenue
By raw material, leather dominated the market in 2018 and accounted for 48.5% share of the overall revenue.

Cocoa Beans Market Size Worth $16.32 Billion By 2025

The global cocoa beans market size is expected to reach USD 16.32 billion by 2025 registering a CAGR of 7.3%, according to a new report by Grand View Research, Inc. Growing popularity of cocoa beans as polyphenolic functional ingredient on account of their health benefits, such as reduced inflammation and risk of Cardiovascular Diseases (CVDs), better blood circulation, and improved cholesterol levels, is projected to remain a favorable factor. Furthermore, increasing usage of organic personal care products due to their long-lasting skin care benefits is expected to boost the demand for cocoa beans in the cosmetics sector, thereby driving the global market.

Increasing usage of cocoa butter as functional ingredient in the formulation of chocolates is also expected to be one of the key factors augmenting market growth. In addition, new product launches in premium categories including dark chocolate by major confectionery firms like Mondelēz International, Inc. is projected to expand the application scope of the product, thereby supporting market growth. On the other hand, pharmaceuticals are expected to remain the fastest-growing application segment with a CAGR of 8.1% from 2019 to 2025.

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

Further key findings from the study suggest:

Europe is expected to be the second fastest-growing regional market with a CAGR of 7.9% from 2019 to 2025
Positive outlook towards confectionery industry in countries including Germany, U.K., and France on account of higher consumption of chocolate (more than 5 kg per annum) is expected to have a positive impact on the region’s growth
Online channels generated a revenue of USD 1.93 billion in 2018 and is projected to be the fastest-growing distribution channel segment from 2019 to 2025
Rising popularity of e-commerce portals, such as Amazon and Chocolate Alchemy, due to increasing number of smartphone users is the key factor driving the cocoa beans market growth
Key companies include The Hershey Company; Cargill, Inc.; The Barry Callebaut Group; Puratos Group; Blommer Chocolate Company; Cemoi; Meiji Holdings Company; United Cocoa Processor, Inc.; and Jindal Cocoa
Manufacturers are targeting to achieve optimum business growth by implementing innovative strategies including new product development and significant investments in R&D

Eye Makeup Market Size Worth $21.41 Billion By 2025

The global eye makeup market size is expected to reach USD 21.41 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.7% during the forecast period. Growing consciousness about physical appearance, especially among working class population is projected to drive the product demand. Furthermore, rising per capita income in developing economies including China, India, and South Korea, allowing the consumers to increase the spending in personal care products and thus will have a strong impact on the growth.

Innovation has been an important competitive strategy for the players operating in this market. Over the past few years, cosmetic manufacturers have been increasing spending on the development of products on the basis of beauty preferences of consumers. The waterproof and sweat-proof personal care products are gaining remarkable popularity, especially among people involved in outdoor work in hot and humid weather. Similarly, consumers engaged in sports such as athletics, swimming, and other outdoor sports, prefer smudge-free products are anticipated to drive the demand for such products. Multi utility products, makeup which work as sunscreen and anti-aging, are also gaining significant demand in the cosmetics industry. For instance, Shiseido Company, Limited and Elizabeth Arden, Inc. has launched eye makeups such as mascara which contain anti-aging ingredients.

Organic and natural makeup products have been gaining popularity due to the rising awareness about harmful effects such as, skin diseases and cancer, caused by synthetic or chemical based products. This booming demand has encouraged the manufacturers to focus on and expand the natural plant based environment-friendly products. Some of the organic products includes sunscreen ingredients, which adds value to the product. These natural products also help reduce signs of aging such as wrinkles and enhance the content of vitamin E and A.

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

Further key findings from the report suggest:

North America held or the largest market share of more than 30.0% in 2018
Eye shadow segment is expected to witness the fastest CAGR of 6.2% from 2018 to 2025
In terms of product, mascara held the largest market share of more than 35.0% in 2018
Asia Pacific is expected to witness the fastest CAGR of 8.3% from 2018 to 2025. Increasing number of working class women in emerging economies including China, India, Bangladesh, and Pakistan as a result of increased concentration of MNC offices on a domestic level is projected to have a strong impact on the regional growth
The key players operating in the eye makeup market include L’Oréal S.A; The Procter & Gamble Company; The Estée Lauder Companies Inc.; Shiseido Company, Limited; COLORBAR Unilever; Amway; and Chanel S.A.
Product innovation and high spending on the development of digital platforms to ensure product supply are expected to remain critical success factors over the next eight years. For instance, in 2012, Purplle and Nykaa, the Indian online beauty retailers, came into the business only through the digital platform.

Edible Oil & Fats Market Worth $162.51 Billion by 2025

The global edible oil and fats market size is expected to reach USD 162.51 billion by 2025, according to a new report by Grand View Research, Inc. Rising popularity of edible oil as a key nutritional constituent on account of its various benefits including improvement in immune system and prevention from cardiovascular disorders is projected to drive the demand.

Rising concerns over glutamic disorders in developed countries including U.S. and Germany is expected to promote the scope of oilseed-based product forms as vegan alternatives for animal fats. Furthermore, changing lifestyle coupled with buyer preference for nutrition enriched food products among middle-class income groups from developing economies such as China, India, and Thailand is projected to increase the usage of edible oils over the next eight years.

Offline channels are projected to lead, accounting for more than 50% of total market share in terms of revenue. Increased concentration of supermarkets in emerging economies such as China, India, Mexico, Brazil, and South Africa is projected to provide the consumers a wide range of options when it comes to edible oils and edible fats.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/edible-oil-fats-market

Further key findings from the report suggest:

Oil product segment generated revenue exceeding USD 60 billion in 2018. Rising importance of calorie-free products including olive and sunflower as healthier alternatives as compared to animal-based fats is projected to remain a favorable factor over the forecast period
Coconut segment is expected to witness a CAGR of 7.4% from 2018 to 2025. The product is expected to gain importance on account of being effective source of amino acids, vitamins, and minerals
Asia Pacific led with more than 30% of global market share in terms of revenue in 2018. The high concentration middle-income age groups in key markets including China, India, Bangladesh, and Thailand is expected to assist the region maintain the dominance in near future
The edible oil and fats market is highly competitive in nature. Key players include Aceities Borges Pont S.A.; ACH Food Companies, Inc.; ADM; Avena Nordic Grain Oy; and Cargill Inc.
Strategic partnerships with the distributors located in emerging economies with significant buyer base is expected to remain a critical success factor for the key market participants in the forthcoming years.

Anti-pollution Mask Market Size Worth $22.3 Billion By 2027

The global anti-pollution mask market size is expected to reach USD 22.3 billion by 2027, expanding at a CAGR of 30.1% over the forecast period, according to a new report by Grand View Research, Inc. Factors such as rising awareness for remedial measures to combat increased pollution levels and high rate of adoption of healthy lifestyle are expected to remain the prominent trends in the market.

The recent outbreak of COVID-19 pandemic is expected to drive the demand for anti-pollution masks during the forecast period. According to a report by Cable News Network, 3M Company has been witnessing an unprecedented spike in the demand for N95 respirator masks since the beginning of 2020 across the globe. Shortage of protection masks in maximum offline stores as well as major e-commerce platforms has led to manufacturers ramping up their production capacity and distribution channels, which is one of the key attributes driving the market growth.

The growing urbanization and industrialization particularly in developing regions such as India and China plays a predominant role in increasing the pollution level. In addition, increasing number of vehicles adds to further degradation of air quality. These factors play a major role in driving the demand for anti-pollution masks in the market. Anti-pollution masks are available in different standard ratings such as N95, N99, N100, P95, and P100, as recommended by NIOSH, an association of U.S. Centers for Disease Control and Prevention.

The P rated masks are resistant to oil based particles and are used for working at places exposed to oil whereas, N rated ones are not resistant to oil based pollutants. N95 filters up to 95% of the Particulate Matter 2.5 (PM2.5) while, N99 masks filter up to 99% of PM2.5 owing to the higher rate of filtration.

Asia Pacific region is expected to witness the largest as well as fastest growth owing to rapid industrialization and development in automobile sector. The rapidly growing population in developing economies such as India and China is leading to rapid urbanization, which is increasing the pollutant levels in the atmosphere, thus boosting the product demand. According to a report by Institute for Health Metrics and Evaluation, 5.5 people die every year on account of indoor and outdoor air pollution.

The prominent players in the anti-pollution mask market are focusing on product innovation. For instance, in November 2016, Xiaomi launched battery powered anti-pollution mask to filter out PM2.5 particles from breathing. It is manufactured with hand-woven polyester material and equipped with battery powered nano filter, which is chargeable through a USB port. Furthermore, in November 2018, O2TODAY launched urban face mask, O2SafeAir through global travel retail Indiegogo. It is expected to be highly breathable, machine washable and engages with interchangeable filters from protection against pollution and microorganisms.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/anti-pollution-mask-market

Further key findings from the report suggest:

The recent outbreak of COVID-19 pandemic is expected to drive the demand for anti-pollution masks. Consumers have been gravitating toward the usage of anti-pollution masks to protect themselves from breathing in the pathogens that may be present in the air
In terms of revenue, the reusable product segment is projected to ascend at a CAGR of 30.2% from 2020 to 2027
Offline channel of distribution dominated the global anti-pollution mask market with an overall revenue share of over 64% in 2019
North America is expected to remain one of the key markets, accounting for 28.7% of global revenue share in 2019
Increasing rate of pollution level owing to rapid industrialization and urbanization in countries such as India and China, is expected to boost the growth of Asia Pacific market
The industry is highly competitive in nature with the main players including 3M, Honeywell International Inc.; KCWW; Totobobo Pte. Ltd.; MSA; and RESPRO.

Laptop Messenger Bags Market Size Worth $636.3 Million By 2027

The global laptop messenger bags market size is anticipated to reach USD 636.3 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.1% from 2020 to 2027. Rising global sales of laptops have been creating robust demand for the product over the past decade. Professionals across various industries typically use these types of bags. However, manufacturers of these products are increasingly targeting students owing to their growing affinity for these products.

Laptop messenger bags have evolved over the years beyond their intended use. In this respect, these products are increasingly being used as everyday go-to-bags featuring interior pockets to accommodate a wide variety of products, such as books. Water-repellant bags are expected to gain more traction in the near future as the average consumer is becoming increasingly conscious about the safety of their electronic devices.

The concept of convenience drives the demand for the product globally. As is the case with most other laptop carry cases, messenger bags are preferred for their style and comfort of use. Furthermore, provision of multiple compartments counterbalances the features available in substitute products, including backpacks and briefcases. Leather is among the most popular types of laptop messenger bags worldwide.

Asia Pacific is expected to remain the most substantial regional market in the foreseeable future. Though the coronavirus outbreak has been creating massive supply chain disruptions in the Asia Pacific markets, demand for laptops, most notably in India, has surprisingly continued to remain robust. Thus, increasing sales of these devices in the formerly mentioned markets are likely to favor the growth of the Asia Pacific market in the near future.

The industry is highly competitive in terms of product variation and pricing. Key players are focusing on employing lighter materials to manufacture the product, given the rising popularity of lightweight bags among consumers worldwide. Some of the most prominent market participants are CASE U; Amazon.com, Inc.; Mobile Edge; LEATHER BAGS; Dell; and Helly Hansen.

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

Further key findings from the report suggest:

In terms of distribution channel, the offline segment accounted for 79.4% share of the overall revenue in 2019
Asia Pacific held the largest share of 34.7% in 2019
Product innovation emerged as the key strategy deployed by majority of market players to stay abreast of the competition.