Baby Carrier Market Size Worth $23.0 Billion By 2025

The global baby carrier market size is expected to reach USD 23.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.5% over the forecast period. Growing demand for baby carriers on account of increasing popularity of functional carries that provide user-friendly experience to parents is expected to remain a key market trend. Factors such as durability, comfortability and price affordability are further driving the product demand. Moreover, use of this product is increasing in the urban areas, wherein the number of working class parents and their economic independency are growing.

Usage of baby carrier products is increasing in the developing countries of Asia Pacific including India, China, and Bangladesh. This is on account of inclination towards western standard of living and growing disposable income. Moreover, many new products are launched in Asia Pacific. In 2019, Baby Bjorn launched Baby Carrier One Air 2019 in China. This product uses a soft mesh material that keeps the infant’s hips in the M-position.

In November 2018, new companies such as KeaBabies have launched baby wrap carrier, which is a combination of wrap, sling, and buckle products. Moreover, usage of e-textile for manufacturing these types of baby care products provides the parents and the company with continuous analysis of the infant’s vitals. This helps the parents in understanding the growth of the toddler through their smartphone and helps the company in gaining more information on product development.

New product launches from leading companies are propelling manufacturers to develop new products that will provide even better benefits to the infant as well as the parents. For instance, in January 2019, Moby launched Moby 2 in 1 Carrier + Hip Seat Baby Carrier to provide relief from back pain to the parents after carrying the toddler.

Similarly, in November 2018, Bey Bee launched a variety of baby carrier products such as Bey Bee Ergonomic 3 Way 4 Seasons Hip Seat Baby Carrier, to allow the parents to carry the infants and toddlers in different and convenient position with better comfort. The company is focusing on developing new products in order to capture a larger share in the market.

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

Further key findings from the study suggest:

  • The sling product segment is projected to ascend at a CAGR of 5.2% from 2019 to 2025. Buckle products dominated the global market with an overall share of 51.0 % in 2018
  • The supermarkets/hypermarkets distribution channel dominated the global market with a share of 44.6% in 2018
  • North America dominated the global baby carrier market in 2018 and accounted for 37.2% share of the total revenue
  • The industry is highly competitive in nature with the key players including Artsana s.P.A.; BabyBjorn AB; Blue Box Company; Lalabu LLC; Goodbaby International Holding Limited; FirstCry; Moby Wrap, Inc.; Baby Tula LLC; and Balboa Baby.

Air Freshener Dispenser Market Size Worth $13.1 Billion By 2025

The global air freshener dispenser market size is anticipated to reach USD 13.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 15.2% over the forecast period. Growing preferences for high-end lifestyles, coupled with demand for convenient devices that help in hassle free air care, has been providing lucrative opportunities for the global market.

Consumers’ demand for automated utility products is driving the popularity of air freshener dispensers. Electric dispensers are commonly used across the residential and commercial sectors. Features such as effective functionality, compact designs, portability, and convenient use are resulting in increasing traction of this product. Wall mounted dispensers, which serve as a handy gadget, have the highest acceptance due to their easy installation. For instance, Qbic is a brand owned by CGS Stores LTD, a company that specializes in online stores. This store offers a wide range of electric air freshener dispensers sourced from Europe, Asia, and U.S.

Online distribution channel is expected to expand at the fastest CAGR of 15.6% over the forecast period. Companies are tying up with online retailers as well as introducing their e portals. For instnace, Alibaba, Hygiene Supplies Direct U.K., Amazon, and Walmart tied up with leading home fragrance manufactures. Brands such as Airwick by Reckitt Benckiser are widely available on retailer websites such as ASDA, TESCO, Sainsbury’s, Morrisons, Waitrose, Ocado, and Amazon in U.K.

The residential end user segment accounted for a major share of more than 70.0% in 2018. Growing need to maintain healthy indoor air quality, consumers’ busy lifestyle, and increasing preferences for automated products have resulted in increased popularity of air freshener dispensers. Companies are continuously focusing on offering modified features and technology that eliminates the need for any manual intervention. The commercial end user segment is expected to witness the highest growth over the forecast period owing to growing importance of maintaining hygiene in the public areas with minimal manual operations.

Europe accounted for the largest market share in 2018. Effective retail infrastructure, presence of large number of online retailers, and high purchasing power of the consumers are some of the factors contributing to the market growth in Europe. The market in Asia Pacific is expected to witness the highest growth during the forecast period. The market is expected to be driven by improvement in lifestyle, coupled with increasing purchasing power in countries such as China and India.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/air-freshener-dispenser-market

Further key findings from the report suggest:

  • The global air freshener dispenser market is expected to expand at a CAGR of 15.2% from 2019 to 2025
  • By end user, the residential segment accounted for a share of more than 70.0% in 2018 and is expected to witness steady growth over the forecast period
  • By distribution channel, supermarkets/hypermarkets held a major share of more than 40.0% in 2018 and is expected to maintain its lead in the next few years
  • Key market players include Vectair Systems Ltd.; Reckitt Benckiser Inc.; Qingdao Anyfeel Electric Co. Ltd.; Jarden Corporation; Farcent Enterprise Co. Ltd.; S.C. Johnson & Son Inc.; Church & Dwight Co. Inc.; Procter & Gamble Co.; and Henkel KGaA.

Dairy Products Market Size Worth $586.11 Billion By 2027

The global dairy products market size is anticipated to reach USD 586.11 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.5% from 2020 to 2027. Rising demand for dairy products and growth of the modern retail and logistics facilities are some of the major factors driving the market growth. The rising popularity of innovative dairy products, such as low-fat butter, no-sugar flavored milk, and flavored cheese, is also driving the market. However, the rise of veganism and vegan diet, especially in North America and Europe, is expected to restrict market growth.

In terms of product, milk emerged as the largest segment in 2019 as it is considered an essential source of protein and calcium that helps in bone development. Moreover, milk products, such as flavored milk and low-fat milk, have higher demand. The online distribution channel segment is likely to ascend at the fastest CAGR over the forecast period as online platforms provide a wide range of products. In addition, such channels provide many discounts and cashback offers. The rising usage of the internet and improving online connectivity are expected to drive the segment growth further.

Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2020 to 2027 due to the growing demand for cheese and yogurt in countries like China and India. The development of modern retail and logistics in these countries is also propelling the demand for dairy products. A busier lifestyle and a rising focus on health and wellness have resulted in the increased consumption of packaged dairy products. The trend is expected to grow significantly in the coming years, thereby supporting market growth. In addition, rapidly expanding e-commerce sector in the region due to increasing internet penetration and reliability is expected to boost product sales through online distribution channels.

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

Further key findings from the report suggest:

  • In terms of product, the milk segment accounted for the largest revenue share of over 32% in 2019
  • Europe held the largest share of more than 31% in 2019 due to high consumption of cheese in countries including Germany, France, Italy, and Spain
  • Asia Pacific is projected to ascend at the fastest CAGR of 4.8% from 2020 to 2027 due to the rising demand for milk products in emerging economies including China, India, and Bangladesh

Personal Care Wipes Market Size Worth $23.1 Billion By 2025

The global personal care wipes market size is expected to reach USD 23.1 billion by 2025, expanding at a CAGR of 5.6%, according to a new report by Grand View Research, Inc. Several characteristics such as convenience, performance, ease of use, time saving, disposability, safety/regulation, and consumer-centric aesthetics are driving product demand. Moreover, growing population andhygiene awareness are the key factors responsible for the market growth.

Sudden rise in the infant population, rapid growth in urbanization, high disposable income of female consumers, and surge in hygiene consciousness among consumers are having a positive impact on the market growth. Over the past one decade, various kinds of wipes have been introduced such as intimate, wet, flushable, feminine, and scented owing to their diversified applications. Growing concerns pertaining to beauty among men and women and constant increase in air pollution are also driving the demand for the products.

Convenience and effectiveness of these products have slowly diminished the usage of traditional cleansing means. Facial and hand and body wipes are of various kinds, such as wet, hygienic, intimate, and fragrance. Wet wipes are the perfect solutions in many life situations. They can be used as a cleaning tool frequently during water scarcity and unavailability, which is a serious problem in many countries. Additionally, portability of these variants enables all types of users to easily maintain and raise personal and environmental hygiene standards and eventually reduce the risk of cross contamination.

North America emerged as the largest regional market in 2018 owing to growing demand in hygiene and household applications. In 2018, U.S. was the largest market accounting for 61.0% share due to growing demand by the U.S. population for the products that can provide convenience, save time, and still give the same cleaning result. Cost of raising a baby is high in U.S. as baby diapers and wipes are used frequently when taking care of a baby. Due to scarcity of water in many places of U.S., wipes are often used for the purpose of cleaning in restaurants, hotels, and washrooms, thereby making it the largest market.

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

Further key findings from the study suggest:

  • In terms of revenue, the baby wipes segment is projected to expand at a CAGR of 5.5% over the forecast period
  • Products sold through the convenience stores accounted for 30.4% share of the overall revenue in 2018
  • U.S., China, Germany, Brazil, and South Africa are the major countries with the largest market in their respective regions.

Non-Alcoholic Concentrated Syrup Market Worth $33.82 Billion By 2025

The global non-alcoholic concentrated syrup market size is expected to reach USD 33.82 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 5.9% from 2019 to 2025 on account of increasing product demand across the globe. Moreover, rising consumption of non-carbonated drinks in developed countries including U.S., Mexico, and Canada is expected to boost the product demand further.

Wide product usage in the pharmaceutical industry is also expected to provide new growth opportunities for market participants, thereby impelling them to develop new products. For instance, Torani, in 2019, launched pumpkin spice Puremade Syrup in San Francisco. In addition, key companies are acquiring new segments of the market with their premium products, including concentrated syrups of unique flavors and authentic taste for nutritional benefits.

North America was the dominant regional market in 2018 and is anticipated to expand further at a CAGR of 5.9% from 2019 to 2025 due to high production of fruit and vegetable syrups in U.S. However, Asia Pacific is projected to witness the fastest growth rate over the forecast years. This growth is credited to increased product demand and presence of target population in countries including, India, China, and Bangladesh. Moreover, high demand for convenience foods and beverages will contribute to the growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/non-alcoholic-concentrated-syrup-market

Further key findings from the study suggest:

  • Fruit syrup was the dominant product segment in 2018 and will retain its dominant position throughout the forecast years
  • The supermarkets/hypermarkets distribution channel segment led the overall market in 2018 and will expand further at a steady growth rate from 2019 to 2025
  • North America led the global non-alcoholic concentrated syrup market in the past and this trend is projected to continue over the next few years due to high product demand
  • The industry is highly competitive in nature with the key companies including Pioma Industries Pvt. Ltd., Monin, Britvic Plc., Himdard Laboratory, Nichols Plc, Hindustan Unilever Ltd., Suntory Holdings Ltd., Cottee’s Pvt. Ltd., The Coca-Cola Company, and Elvin Group

Fruit Beverages Market Size Worth $51.66 Billion By 2025

The global fruit beverages market size is expected to reach USD 51.66 billion by 2025 registering a CAGR of 6.2%, according to a new report by Grand View Research, Inc. Rising importance of maintaining a healthy lifestyle and demand for fruit beverages as nutritional supplements are expected to remain key growth-driving factors for the global market. Furthermore, rising demand for Ready-To-Drink (RTD) beverages due to hectic work schedules will augment the market growth over the forecast period.

North America is expected to lead the global market over the forecast period. Strong brand presence of key industry participants including PepsiCo and Coca-Cola through their well-established distribution networks in U.S. is projected to remain a favorable factor for the market growth. Asia Pacific is expected to register the fastest CAGR from 2019 to 2025. This growth is attributed to the increasing demand for fruit beverages in emerging countries including China and India. The canned and fresh juices packaging segment is expected to generate the maximum market share by 2025.

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

Further key findings from the study suggest:

  • Canned and fresh juice packaging is projected to be the fastest-growing segment while frozen juices segment is projected to expand at the fastest CAGR of 7.1% from 2019 to 2025
  • Asia Pacific is projected to be the fastest-growing regional market over the forecast period while North America is projected to account for the largest revenue share
  • Major manufacturers in the market are Tropicana Products, Inc.; The Coca Cola Company; The Campbell Soup Company; Langer Juice Company, Inc.; Ceres Fruit Juices Pty Ltd.; Lassonde Industries, Inc.; Ocean Spray Cranberries, Inc.; Del Monte Foods, Inc.; and Parle Agro Private Ltd.
  • Most of these companies focus on product innovation, M&A, and capacity expansion to gain a greater market share

Durian Fruit Market Size Worth $28.6 Billion By 2025

The global durian fruit market size is expected to reach USD 28.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.2% over the forecast period. Growing demand for cross-cultural cuisine due to expansion of the tourism industry is expected to remain a key driving factor for this exotic tropical fruit. In addition, increasing awareness regarding the health benefits of durian, such as cancer prevention, blood sugar maintenance, anti-aging, anti-oxidant, and antidepressant features, has been fueling the demand for the product across the globe.

Frozen pulp and paste form of the product held the largest share of more than 70.0% in 2018 in terms of revenue. The segment is anticipated to witness the fastest growth from 2019 to 2025. Rising application of the product in the food industry as an exotic flavor have been widening the durian fruit market scope over the world. Furthermore, the producers of ice cream, yogurt, pizza, and coffee have been incorporating the product as a flavoring ingredient in the formulation of food items.

Asia Pacific dominated the industry with 96.0% share of the total revenue in 2018. Thailand and Malaysia are the major producers of the product in the world. In terms of consumption, Malaysia, Indonesia, Thailand, China, Singapore, Hong Kong, Taiwan, and Vietnam are the key consumers in this region.

Online distribution channel is expected to witness the fastest growth from 2019 to 2025. This growth is attributed to increasing penetration of smartphone users at a global level. Furthermore, increasing visibility of e-commerce platforms as a key buying window among consumers, which offers various value-added services, along with the finished goods, is expected to remain a favorable factor in the near future.

Key competitors of this industry include Charoen Pokphand Group, Sunshine International Co., Ltd., Chainoi Food Company Limited, Thai Agri Foods Public Company Limited, Interfresh Co., Ltd., TRL (South East Asia) Sdn Bhd, Top Fruits Sdn Bhd, Hernan Corporation, and Grand World International Co., Ltd.

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

Further key findings from the report suggest:

  • By product, frozen pulp and paste held the largest share of more than 70.0% in 2018
  • Supermarkets and hypermarkets accounted durian fruit market for a revenue share of exceeding 45.0% in 2018. The online channel is expected to expand at the fastest CAGR of 9.3% from 2019 to 2025 in terms of revenue
  • Demand in Asia Pacific is expected to be 2.6 million tons by the end of 2025. In the APAC region, Malaysia generated a revenue of USD 4.2 billion in 2018.

Anti Aging Products Market Worth $51.5 Billion By 2025

The global anti aging products market size is expected to reach USD 51.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% over the forecast period. Rising consumer awareness regarding personal grooming and increasing concerns over the adverse effects associated with aging are expected to have a positive impact on the market growth.

Furthermore, growing awareness regarding the hazardous effects associated with the chemically processed anti-aging products is expected to promote the use of natural products. As of 2016, 57% of the U.S. women claimed to prefer natural skin care products for their daily usage. Therefore, consumers are increasingly preferring natural cosmetic oils and serums due to their ability to penetrate the skin easily.

The hair care segment is expected to be the fastest growing segment, expanding at a CAGR of 6.0% from 2019 to 2027. Aging is related to the loss of volume, hair thinning, and dryness. Therefore, rising importance of moisturizers, shampoo, and hair oils to cover grey hair, improve softness of hair, and increase shining features is expected to remain a favorable factor. Furthermore, growing application of hair care among men in order to maintain hair growth for a longer time is expected to be a key trend in the near future.

Supermarkets and hypermarkets was the largest segment, accounting for over 50.0% share of the global revenue in 2018. Availability of a wide range of products in a same selling window is a major factor driving the consumers to purchase from supermarkets. It has been observed that majority of the consumers prefer this distribution channel due to the availability of products. The online category is expected to be the fastest growing category as consumer preferences are shifting towards e-commerce portals due to the convenience of doorstep delivery services.

North America accounted for more than 35.0% share of the global revenue in 2018. High consumer spending on maintaining personal appearance is contributing to the market growth. To prevent the sign of aging, one-third of the U.S. adults use anti-aging products on a daily basis. Asia Pacific is expected to be the fastest growing region from 2019 to 2025. Growing disposable income and rising consumer awareness regarding the usage of anti-aging skin care in emerging economies including China and India are driving the market.

Key industry participants include Estée Lauder Inc.; Bioderma; Procter & Gamble; PhotoMedex, Inc.; Beiersdorf Limited; Lumenis; Clarin’s; Kiehls’s; pmdbeauty.com & Age Sciences Inc.; Cellex-C International Inc.; and The Boots Company PLC. Product innovation is expected to remain a critical success factor in the near future.

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

Further key findings from the report suggest:

  • The hair care segment is projected to ascend at a CAGR of 6.0% from 2019 to 2025
  • Supermarkets and hypermarkets dominated the industry with an overall share of above 50.0% in 2018
  • North America dominated the industry, accounting for above 35.0% share of the global revenue in 2018.

Cosmeceutical Market Size Worth $70.0 Billion By 2025

The global cosmeceutical market size is expected to reach USD 70.0 billion by 2025, expanding at a CAGR of 5.1%, according to a new report by Grand View Research, Inc. The onset of cosmeceuticals has reformed the cosmetic and personal care industry. These products, unlike the makeup products have the ability to resolve the origin of the imperfections rather than just covering them.

This quality has resulted into a tremendous rise in the demand for the product and increased its share in the cosmetic and personal care industry. Additionally, there has been a remarkable rise in the demand for organic and natural commodities due to awareness regarding harmful side effects of the synthetic elements in these cosmetic products. Manufacturers are seen taking advantage of this trend.

Furthermore, it has been observed that the demand is high among the people of age group 30-45. Over the past decades, decreasing mortality rate has given rise to the aging population all over the globe. People living longer and wanting to retain their youthful appearance is positively impacting the market growth globally. Demand for anti-aging products in order to prevent hair damage, age spots, uneven skin tone, dry skin, and wrinkles is on the rise.

The skin care category dominated the cosmeceutical market with a share of 43.3% in 2018. Exposure to harmful ultraviolet radiations can cause premature skin-aging or can even result in skin cancer. This awareness has increased consumer’s focus on protecting their skin by using preventive skincare products. Moreover, demand for multifunctional product is expected to fuel the growth of sun-care cosmetic products in the forecast period. Hair Care is also expected to witness a considerable growth owing to an increase in the demand for products such as hair oil, hair color, shampoo, and conditioner.

Europe held the largest share of 32.2% in 2018. Moreover, the major countries in this region have the largest population of people suffering from dry skin, considering their weather conditions. This is likely to spur the demand for beneficial and multifunctional skin care cosmetic products. Asia Pacific is expected to witness the highest growth among other regions. The market in this region is gaining traction due to widely expanding developing economies.

Key players having a presence in the global market include Johnson & Johnson, Procter & Gamble, Sabinsa Corporation, L’Oréal, Allergan, AVON, Estee Lauder, Unilever, Beiersdorf, and Croda International Plc.

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

Further key findings from the study suggest:

  • By product type, the skin care category held the largest share of 43.3% over the forecast period
  • By distribution channel, the supermarkets and specialty stores segment is expected to generate a revenue of USD 54.0 billion by 2025
  • Europe dominated the global cosmeceutical market in 2018 and accounted for 32.2% share of the overall revenue. This trend is projected to continue over the next few years
  • Asia Pacific is expected to expand at a CAGR of 5.4% over the forecast period
  • Various manufacturers are concentrating on new product launches, capacity expansion, and product portfolio extension to estimate existing and future demand patterns from upcoming application segments.

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.