Future Market Insights Analysis: Why is the United Kingdom Hydrogel Face Mask Market Considered Lucrative within Europe?
Global Hydrogel Face Mask Market Historical Analysis (2017 to 2022) Vs. Forecast Outlook (2023 to 2033)
The global hydrogel face mask market expanded at 8.2% CAGR over the past 10 years. The market is expected to expand at a CAGR of close to 10.5% over the forthcoming decade.
In recent years, sheet face masks have become increasingly popular as people become more aware of how they can enhance the health and beauty of their facial areas. It is designed to cleanse, control, and treat a variety of facial issues caused by hormonal changes, poor eating habits, and environmental toxins.
Short Term (2022 to 2025): Several price points make sheet face masks more accessible to middle-income consumers. The popularity of sheet face masks in middle-income nations is expected to drive the market for sheet face masks.
Medium Term (2025 to 2028): As the market continues to progress in this period, the premiumization of the product in terms of environmental friendliness and efficiency is expected to remain a key factor.
Long Term (2028 to 2033): Increasingly, manufacturers are categorizing their products under luxury cosmetics as they target middle-income countries. A key driver for specialty stores is the evolving beauty propensities and preferences for face masks that rejuvenate the skin in both specialized and generic ways.
Major Factors Driving Hydrogel Face Mask Market
· The rise in Air Pollution
Increasing air pollution has resulted in numerous dangerous pollutants and dirt being produced, increasing consumer demand for the product. It has been reported that almost all of the world's population (99%) breathes air that exceeds WHO air quality standards, according to the World Health Organization (WHO) Air Quality Database 2022.
When the pandemic struck, face masks made of hydrogel were negatively affected. To gain a competitive edge in the market, market players focused on product innovation and new product launches, including Johnson & Johnson, TULA Skincare, Unilever, and 111SKIN.
Due to the increasing demand for organic and natural hydrogel masks, the market had high growth prospects after the pandemic. The organic gel can hold 99% of liquid, so it can boost the appearance and texture of the skin. These factors bode well for overall market growth in the coming years.
· Hydrogel Face Masks Offer Numerous Benefits
The importance of skincare has always been in keeping the body clean and healthy. As people become more aware of beauty regimens and skincare regimens, facial cosmetics have increased. Hydrogel face masks are excellent, inexpensive, and risk-free alternatives to traditional masks. In addition to treating sun damage, acne, wrinkles, discoloration, and hyperpigmentation, it is also often used for treating various skin conditions.
Increasing awareness of beautiful, healthy skin drives market development. The growing demand for hydrogel masks for men is due to evolving aesthetic standards, primarily in the Asia Pacific. These masks come in various shapes and sizes, depending on the skin's texture. As a result, the hydrogel face mask market is expanding.
· Rising Numbers of Working Women
According to the World Bank, 39.2% of working women will be employed worldwide by 2021. The rise in female higher education is one of the main factors contributing to women's high employment rates. Hydrogen face masks are expected to experience increased market revenue during the forecast period.
This is due to rising female employment in industrialized and emerging nations, such as the U.S., India, China, Japan, and South Korea. For instance, the rising number of working women in the Asia Pacific region may increase the demand for facial masks to maintain a healthy and glowing complexion.
Major Restraint Faced by Hydrogel Face Mask Market: Ineffective Skin Types
Hydrogel face masks are safe, but they can be incompatible with some skin types and, if used incorrectly, can even lead to breakouts. Alternatively, chemical-based cosmetics and makeup cleaning products are predicted to cause skin rashes, which may hinder the market growth.
Different skincare products have different effects on different skin types. The mask can be helpful depending on skin type, but it may cause unpleasant reactions, such as allergic reactions. However, not all masks are suitable for all skin types, which will restrain the demand for Hydrogel Face Masks.
Category Wise
Skin Type Insights: Dry Skin is Expected to be the Largest Contributor to the Market
Hydrogel face masks for dry skin are expected to account for 34% of the hydrogel face mask market in 2023. This is due to the diverse offering of market players in these product categories, which contributes to the segment's growth.
There is a rapid increase in dry skin problems nowadays, so the demand for masks catering to those problems is on the rise. Brands like GlobalMed Technologies (Omnilux), and Neutrogena offer these hydrating face masks with hyaluronic acid, which instantly moistens dry skin, contours the skin for optimal absorption, and leaves it feeling supple and hydrated after a few minutes.
The hydrogel face mask market for oily skin is expected to grow at a CAGR of 10.00% through 2023. The growth of this segment is driven by an increase in products for oily and combination skin types. Oily skin is more prone to acne. Face masks designed for oily skin are therefore offered by market players.
Hydrogel masks contain 50% more skin-perfecting ingredients than ordinary sheet masks or paper masks, which reduce and limit oil formation on the skin. As a result, the skin is left with a soft, clean, and glowing complexion that is instantly refreshed and soothed, making these products increasingly popular.
Type Insights: Market Growth can be Aided by the Expansion of the Hydrogel Face Mask for Synthetic Polymers-based Type
In 2023, hydrogel face masks containing synthetic polymers held 75% of the global revenue share. As synthetic polymers become more accessible, these masks will continue to dominate the market.
Various dermatological maladies and cosmetology procedures have been treated with semi-polymetric or synthetic polymeric materials in recent years. As well as supporting the fight against various skin disorders, they also play a significant role in dermatology.
Distribution Channel Insights: Sales via Online Channel to Pick-up Pace
In 2023, online channels accounted for 45.0% of overall revenue and grow at the fastest CAGR of 14.2%, dominating the global industry. The prices of products on online platforms vary, according to brand and customers. Online channels have the option of selecting from a variety of brands to fit their budget.
During the forecast period, the online segment is anticipated to grow at a promising rate. Online sales have seen tremendous growth in recent years as customers continue to be willing to buy items from well-known international brands. As consumers are increasingly eager to purchase products from prominent international brands available online. Therefore, the online segment has witnessed immense adoption via the online channel in recent years.
It is estimated that specialty stores will account for 27% of the market in 2023. Leading brands such as Sephora, and Ulta Beauty Inc., among others, offer these products in different varieties, sizes, and formats, which propels the growth of the segment. In addition to offering hydrogel masks formulated from essence thickened into a gel, Fifty Shades of Snail is another prominent beauty retailer.
These products are available at a premium price, and consumers are willing to pay more for firmer, more even-looking skin, which further boosts the market growth.
Region Wise: Asia Pacific Made the Largest Contribution
Globally, the Asia Pacific market is expected to grow at a substantial rate of over 32% during the predicted timeframe. The Asian Pacific region will contribute the majority of market revenue in 2023.
Over the past few years, the skincare and grooming sector has seen significant growth, structural change, and industrial upgrades in the main economies of China, Japan, South Korea, and India. A rising literacy rate and an increase in consumer spending on high-end skin care products have resulted in almost quadrupling consumption and demand for hydrogel face masks in the region.
Regions Leading in Hydrogel Face Mask Market: Country-Wise Analysis
How United States Hydrogel Face Mask Market Dominate North America Region?
Hydrogen face masks are becoming increasingly popular in the United States as consumers become more aware of their appearance and wellness. A growing number of people want to make a favorable first impression at work and social gatherings. They also want to feel confident about their appearances.
This also supports the growth of the market. As a result of the presence of established manufacturers like Unilever and Johnson & Johnson, together with growing infrastructure facilities for retailers, regional growth is expected. As innovative and leading-edge personal care products are launched in the US, consumers' spending on skincare and face care products has increased significantly, ultimately fueling the demand for these products.
Why is the United Kingdom Hydrogel Face Mask Market Considered Lucrative within Europe?
In the United Kingdom, rising disposable income has generated a strong desire for cosmeceuticals, which include hydrogel face masks. Pollution and consumer awareness of health issues are expected to increase the market for cosmeceuticals. Due to their superior moisturizing capabilities, face masks are preferred by consumers above all other cosmetic products.
One of the main factors driving the growth of this market in the United Kingdom is a growing awareness of hydrogel masks' benefits. Another major factor driving the growth of this market is the growing demand for non-invasive facial treatments. For example, the "MZ Skin Hydrate & Nourish Age Defence Hydrogel Mask" has been gaining traction due to its moisturizing properties and ability to improve skin tone and texture.
What Makes China Hydrogel Face Mask Market Highly Attractive?
China is its most significant contributor, accounting for 30% of the market. Due to China's growing importance as the hub for Asia-Pacific economic activity, numerous multinational companies have invested heavily in China. This has led to impressive developments in the skincare and grooming industry.
During the last few years, major Chinese economies have experienced rapid growth, structural adjustment, and industrial upgrading in the skincare and grooming industry. As a result of the growing literacy rate and increased spending power on premium skin care products.
Additionally, the demand and usage of hydrogel masks in the region have almost doubled in recent years.
A focus on innovation and marketing strategies is driving skincare product manufacturers in China to broaden their consumer base in the region. For instance, in China, hydrogel face masks are increasingly replacing traditional sheet masks, driving the growth of the Chinese hydrogel face mask market.
Start-up Ecosystem: The Hydrogel Face Mask Market
In the coming years, the global hydrogel face mask market is expected to grow as concept washrooms become increasingly popular. This has resulted in a paradigm shift in the industry for engaged stakeholders. The hydrogel face mask market is highly consolidated, with a large number of international players and a limited number of regional players
There are several different kinds of hydrogel face masks and patches available from prominent brands including Taiki, each with a different formulation and shape. Consumers of all ages are embracing the sheet mask trend and are always searching for the newest products, whether they are millennials or baby boomers.
Over traditional sheet masks, hydrogel masks offer improved efficacy, adhesion, and occlusion, as well as cooling properties. For instance, Taiki's hydrogel mask range is designed to offer different benefits such as anti-aging, skin calming, moisturizing, and brightening, depending on the type of hydrogel used. The growth of the hydrogel face mask segment is primarily attributed to celebrities' social media endorsements of glowing, younger-looking skin. This trend will boost the segment's growth even further.
Several market players, including The Natural Face Lift Company and BIOEFFECT, offer LED hydrogel face masks designed to allow photons emitted by these masks to pass through the skin and provide intense moisture. For instance, The Natural Face Lift Company offers a unique LED hydrogel face mask that uses red, yellow, and green LED wavelengths to help reduce wrinkles, improve fine lines, and increase skin hydration.
Read more: https://www.futuremarketinsights.com/reports/hydrogel-face-mask-market
By-products of the Global Tissue Cultured Date Palm Market for 2032
The tissue-cultured date palms market is expected to increase at a CAGR of 7.7% from 2022 to 2032, reaching a value of USD 11.2 billion. The market for tissue-cultured date palms was valued at USD 5.4 billion in 2022. According to recently released market analysis data from Future Market Insights, the demand for tissue cultured date palms will increase 7.4% year over year (Y-o-Y) in 2022.
Tissue cultured date palm plants are of superior and uniform quality and are from a known and selected origin. Tissue cultured date palm plants grow rapidly with negligible losses and produce a higher quantity of fruits as compared to traditionally propagated plants. Tissue culture technology enables the supply of tissue culture plants in large quantities at a planned date throughout the year, therefore it is known as season free planting material. Tissue cultured date palms are healthy and are more resistant to diseases. These factors continue to fuel inclination of date palm cultivators towards tissue culture technology.
Key Takeaways – Tissue Cultured Date Palm Market Study
· Tissue cultured date palm plants have ability to establish large scale farms in a shorter period of time than traditional methods. Use of tissue cultured date palm plants increases the efficiency of farming, lowers cost and makes operations more profitable to farmers. Due to these factors, the demand of tissue cultured date palm plants is increasing rapidly.
· Consumers are becoming conscious about the source of the raw material used in the end product and the need for high quality products. Tissue cultured date palm plant is healthy and disease free plant and is obtained from known source.
· Tissue cultured date palm plants produce high quality fruits as compared traditional plants due to which their demand is increasing in the food and beverage industry.
· In the North America, the demand for Medjool is increasing rapidly because tissue cultured date palm is used as an ornamental plant in subtropical and tropical climates, such as those in southern California and Florida. These trees are commonly seen along roadsides, parking lots and shopping centers. The demand for elite variety of Kutch is more as compared to other varieties across the globe which manufacturer only in Asia Pacific.
· The Middle East and Africa holds major share in the tissue cultured date palm market. A large number of players are entering the tissue cultured date palm market in the Middle East and Africa. Date palms are known as wonder tree of the dessert. Weather in the MEA is suitable for the tissue cultured date palm plants due to which the production of tissue cultured date palm is more in MEA than any other region.
· Tissue cultured date palm plant increases the production capacity of the fruits as well it is season-free and produces extremely high quality products due to which its demand is increasing across the globe. The use of tissue cultured date palm is economical as compared to traditional method.
M&A and Online Retail – Key Winning Imperatives
The global tissue cultured date palm market is primarily characterized by the presence of a large number of local and regional players. Local players account for a fair share of 15-20%. The global tissue cultured date palm market is characterized as highly organized in developed and developing economies. The key players operating in the tissue cultured date palm market are focusing on launching different varieties of tissue cultured date palm to expand their customer base.
Manufacturers of tissue cultured date palm are investing in research and development to expand their product portfolio. Major players of tissue cultured date palm are focusing on offering different varieties of tissue cultured date palm plants. Very few players use ecommerce website to sell their products. Players should therefore focus on utilizing the power of online channels to increase their sale, to increase their brand awareness and to increase their consumer base. Manufacturers in the tissue cultured date palm market are investing in the mergers, acquisitions and strategic joint venture to increase their geographical presence and production capacity.
Read more✅: https://www.futuremarketinsights.com/reports/tissue-cultured-date-palm-market
Overall Sales of Men’s Grooming Products Market across the World is likely to hit by 2X by year 2032-end from the Present Valuation of US$ 5
The global men’s grooming products market was worth US$ 55.5 Bn in the year 2021 and is expected to expand two-fold by the year 2032 at a CAGR of 4.5% between 2022 and 2032.
The present scenario is such that men are subject to better awareness regarding hygiene and personal care. Also, social media platforms are into endorsing these grooming products in entirety. The products that are being heavily advertised include face creams, hair styling gels, after shaving lotions, deodorants, and likewise. ON these grounds, ‘The Man Company’ has stated that men’s shaving products are witnessing growth around US$ 120 Mn every single year; which include shower, bath, hair care, and skin care products. This data pertains to the period between 2017 and 2021.
Moreover, the fact that attitudes regarding masculinity are witnessing a paradigm shift can’t be ignored. The demand for male toiletries is on the rise like never before. The manufacturers are also into development of new-fangled electrical items like razors and shavers by adopting cutting-edge technology. As such, the market is witnessing an influx of electric shavers and body groomers. Also, men are trying to adopt different shaving practices due to growing preference related to trimmed beard, which calls for increasing sales of shaving creams and beard fixers/beard wax.
Another trend catching up is that of DIY (do-it-yourself) grooming. Several salons have shut down as men do fear dire consequences resulting out of chemicals contained in synthetic products. Men are taking utmost care to see to it that clean-label, natural products are used. Future Market Insights has mentioned about these key findings and trends with probable calls to action in its latest market study entitled ‘Men’s Grooming Products Market’. IT has its team of analysts and consultants to execute, with every level of research (primary, secondary, and tertiary) in place.
“With altering fashion trends triggering demand for imperatives for men’s grooming like skincare cosmetics, hair cream, beard wax, and likewise, the global men’s grooming products market is bound to grow on a grand note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Men’s Grooming Products Market
· Europe holds more than 30% of the market share. This could be attributed to growing emphasis on maintaining a youthful appearance. They are pressing on using powders, deodorants, body lotions, and perfumes for improvising on their appearances.
· The Asia-Pacific is poised to grow at the fastest rate in the men’s grooming products market due to promulgation of e-Commerce vertical herein.
· North America is expected to go steady with respect to men’s grooming products market in the forecast period.
Competitive Products
§ Gillette, in May 2020, came up with King C. Gillette. It comes across a series of men’s grooming as well as beard care products. They are categorized into trim, shave and edge, and care.
§ Giorgio Armani, in June 2019, did launch a 3-piece skincare line meant for men. This 3-part series is inclusive of toner, face washer, and moisturizer.
§ Gillette, in September 2019, tabled ‘Gillette SkinGuard’. It is the razor shaving while hardly touching skin. It does have 2 lubra strips leaving a smooth and soft feeling on skin.
§ L’Oreal, in January 2022, did acquire ‘Youth to the People’ as a part of move set for deepening ethical offerings with regards to men’s grooming product offerings.
§ Bombay Shaving Company’s charcoal shaving foam is doing the rounds. It is abreast with aloe vera, charcoal, and chamomile extracts. They have anti-inflammatory and antioxidant properties, so as to leave skin healthy and soft. The product is also free from CFCs, parabens, and alcohol.
Read more: https://www.futuremarketinsights.com/reports/beard-grooming-products-market
Ready to Drink Coffee Market Development Countries Trends, Size, Industry Reviews with Leading Players by 2032
According to Future Market Insights (FMI), global ready to drink coffee market size is estimated to be US$ 26.3 billion in 2022 and expected to reach US$ 42.3 billion by 2032, at CAGR 8.3%.
Premiumization is one of the most important drivers in the majority of developed markets. Almost all categories of products have two strands that serve different purposes. The rise of the middle class is driving the trend of affordable luxury.
More customers now have the means to elevate ordinary moments. Despite the uncertainty, consumer sentiment is rising, and consumers are experimenting with new flavor profiles and product categories.
The desire for knowledge and transparency about how and what we consume has also encouraged premiumization, which is driven by the value-driven millennial consumer who wishes to demonstrate their opinions through inconspicuous consumption. The second driver, absolute luxury, on the other hand, is a sign of exclusivity.
It has evolved from overt displays of money to consumers displaying culture capital, exclusivity, and knowledge, all of which make for compelling stories. This strand represents the true ‘rich person,’ who wishes to prove wealth but in a less tangible, ‘meaningful’ way.
It manifests itself in a stronger desire to attempt to buy goods with an interesting story, craft credentials, clout, and provenance in the beverage industry. People are not overspending or recklessly spending, but their individual budgets now also include spendable money. It’s a low-cost luxury, and premiumization is on the rise.
Key Takeaways from Market Study
· The market is segmented based on nature, wherein the conventional ready-to-drink coffee is anticipated to account for around 87% of the market share over the forecast period.
· The North American ready-to-drink coffee market is anticipated to dominate the global market with a market share of around 29% in 2022.
· On the basis of type, original ready-to-drink coffee is expected to hold a prominent share in 2022, but flavored ready-to-drink coffee is expected to witness a lucrative growth rate over the forecast period.
· Growing obesity rates among adults and children, busy lifestyles, unhealthy diets among adults and children, and tight working time are all factors driving consumers toward healthier options of convenience food. Ready-to-drink coffee is another functional drink that has been shown to have nutritional benefits. As the diabetic population and calorie-conscious consumers look for alternatives to sugar in their drinks, the rate of priority for antioxidant-enriched beverages among them is increasing.
“The key players operating in the global ready-to-drink coffee market are focusing on strengthening its distribution channel, partnership, merger & acquisition to reach larger consumer base.” says a Future Market Insights analyst.
Competitive Landscape
Companies are focusing on launching innovative drink blends with different flavors such as chocolate, vanilla, various milk flavors, customized sugar and ice level drinks, and so on in order to attract the Gen-Z and millennial segment. Millennials are known for their eagerness to try new innovative flavors, which creates an opportunity for producers to introduce new flavored ready-to-drink coffee to the market. The following are some noteworthy market developments:
§ As part of the global coffee alliance, Seattle-based Starbucks and Swiss food and beverage giant Nestlé will launch ready-to-drink (RTD) coffee products in Oceania, Latin America, and Southeast Asia by 2022.
Read more: https://www.futuremarketinsights.com/reports/ready-to-drink-coffee-market
Airport Ground Transportation Market is Expected to Reach US$ 22 Bn in 2022
The airports are the most common type of transportation medium for international travelers and tourists. An airport can have multiple terminals, and aircrafts are assigned specific terminal for landing. The terminal and main airport building can be far, and passengers cannot walk to the aircrafts from building and other way around with luggage.
To make the transfer of passenger and luggage from building and aircraft, there are several vehicles, scheduled according to the flights or can be booked by passengers according to their convenience.
This airport ground transportation is sometimes organized by airline, as a service included along with flight. Sometimes, third party transportation is used by travel agencies and sometimes, passengers can get their own vehicle, using applications and websites of transportation providing agencies. These vehicles are usually buses, taxis and sometimes trains, if available.
The airport ground transportation market very niche, and there are not many popular service providers. There are only few airlines, providing these services to passengers, and there are not many dedicated organizations in this sector. As the market is not dominated by any recognized organization, there is lots of potential for taxi hailing and cab providing agencies, along with airlines to invest and start providing airport transportation to passengers.
Key Takeaways from the Airport Ground Transportation Market Study:
· The North America, Europe and Asia Pacific regions hold a market share of ~24%, ~22% and ~35% respectively.
· Online booking channels are leading for the booking of Airport Ground Transportation tickets.
· The Airport Ground Transportation sector have contributed ~15%-20% in Airport Services market.
"With The Limited Number of Service Providers, There Is a Huge Potential for Newcomers in Airport Transportation Services Market." - FMI Analyst said.
Impact of COVID-19
The public transportation industry was severely affected by the COVID-19 pandemic. To avoid spread of virus and to eliminate the virus, public transportation systems were completely shut down as a result of the shutdown and additional limitations on public gatherings.
The airport transportation mainly had shuttles and buses, which carried multiple passenger at one time to and from aircrafts. Due to gathering restrictions, these buses were not allowed to carry any passengers. As a result, most of the passengers had to use cabs and taxis to get to airport. Along with cabs, minibuses were also working, with limitation of passenger and proper sanitation and social distancing.
Even nowadays, there are specific rules and regulations, followed by these transportations, as there are chances infection of the virus by contact.
Who is winning?
The airport transportation sector does not have any big names, it mainly has airlines, local cabs and taxi providing agencies, along with few hotels and traveling agencies. All these companies provide buses and taxis to passengers, taking them to and from airport and within airport, from terminal to terminal. There are also special services provided to VIP passengers who paid for premium services.
§ The key players in this sector are Dnata, Fraport AG, Swiss Port International AG, Transdev, and taxi operating companies like Ola, Uber, Meru, Super Shuttle, Hertz, Alamo, Avis, etc.
Read more: https://bit.ly/3RuAYZd
Oral Care Market Witness Massive Growth, Emerging Technology Research Report by 2031
The oral care market is expected to rise a register growth at a CAGR 5.6% during the forecast period 2021-2031. Global sales of oral care are expected to top US$ 96.1 Bn in 2031
As a result of the increase in prevalence of dental disease worldwide, people are focusing on oral hygiene more than ever before. Coupled with this, the growing awareness regarding the importance of maintaining oral hygiene has led to rise in expenditure on dental healthcare. Product innovation by the key players and their investment in promotional activities and marketing to touch base the maximum consumer base will aid expansion of the global oral care market.
Moreover, the existence of private/small clinics equipped with dental dispensaries are few of the factors fueling oral care sales. However, competitors are facing a surge of competitive pricing and limited consumer awareness of technological innovations is hindering the growth of the oral care or oral hygiene market.
Over the last few years, there has been a remarkable increase in the volume of oral-related medical problems. As indicated by the WHO, oral sicknesses are the fourth costliest illnesses for therapy in developing nations.
Driven by the rising incidence of oral diseases, precautionary oral care products have become substitutions than going for medication. Moreover, increasing spending on oral care is paving way for the expansion of the oral care market.
In its recent edition of the study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors fuelling the demand for oral care products. The report tracks the demand for oral care in 20+ high-growth countries, along with analysing the impact COVID-19 has had on the market.
How Future Outlook of Oral Care Market Compares with Historical Sales?
According the World Health Organization (WHO) over 530 million children suffer from dental disease (dental caries) of primary teeth. The three most common cancers in some of the countries in Asia Pacific include oral cancer such as cancer of the lip or mouth.
Bacterial biofilm formation occur when microorganisms irreversibly attach to and then grow on teeth surface. When biofilm aggregation on dental or gingival tissues happens for a specific timeframe and combined with others factors, it can lead to dental caries or periodontal infection – the key reason for tooth decay.
Because of technological upgrades in the oral care industry, home-use oral care items are easily accessible to shoppers and in a wide range of variety. The toothbrush head is introduced in various structures and sizes; bristles are introduced in various hardness choices (hard, medium, delicate or extra-delicate).
Toothpastes are introduced in various groupings of fluoride and extraordinary renditions present characteristic segments, for example, propolis and jua, for explicit purposes, as tooth blanching, dental disintegration control or to decrease affectability. Mouth washes have a restorative or helpful use, only for mouth refreshing or for controlling plaque, gum disease, and dental caries.
Easy accessibility of a wide range of oral care products and effective marketing strategies have been enabling growth in the market.
How Has Oral Care Product Manufacturers Responded to COVID-19?
The oral care market like any other industry had to witness supply-chain disruptions caused amid COVID-19. Restrictions imposed amid lockdown caused the growth trajectory to flatten. However, leading companies continued their production activities despite restrictions since oral care products are classified as essential consumer good items.
Consumers’ purchasing pattern has been shifted to online shopping due to quarantine measures and social distancing protocols which effected the sales of oral care product. As a result some of the leading brands increasing focus on improving their online presence.
Will NV-HAP Prevention Protocols Create Growth Opportunities?
According to the World Health Organization (WHO), about 27.3% of patients conceded in Intensive Care Units (ICUs) fall debilitated to Non-Ventilator Hospital-Acquired Pneumonia (NV-HAP). To counter the frequency of NV-HAP, clinics are commanding administrative conventions for oral preventive consideration in ICUs, which will offer is a worthwhile chance for major parts in the oral care industry to satisfy the developing need for oral care items from the medical clinics. Accordingly, clinics go about as the most rewarding end-use divert in improving income for the makers of oral care items.
How is Increasing Healthcare Investment Fuelling Demand?
The increase in the aging population coupled with the rising prevalence of chronic diseases has been fuelling the demand for effective healthcare infrastructure. Owing to this, healthcare expenditure has increased over the past few years. Oral related problems – being a health issue in 91% of the population among ages 20 to 64 – have propelled the need for oral care products.
Oral care products have proven effective in in providing needed oral care. Also availability of a wide variety of products such as flavored oral care swabs and oral care kits have been enabling growth in the market.
On the other hand, an increase in the number of health facilities and rising disposable income of consumers in developing economies will spur the demand for oral care products.
Growing Awareness Regarding Oral Hygiene Driving Growth
Oral hygiene awareness is one of the major contributors to market growth. Both dentists and key players conduct various seminars and programs to increase awareness about dental hygiene. This is helping players to showcase their product portfolio, thereby fuelling the adoption of oral care products.
There has been a marked shift in the retailing of oral care products across the globe in recent years. Online retailers are gradually being preferred over traditional distributors, retailers, and pharmacies. Purchasing oral care products through e-commerce portals offers several advantages, such as the availability of multi-brand oral care products at relatively lower prices, ease of purchasing, and free shipping. The successful sales of oral care products through e-commerce has prompted increasing investment towards these channels by major market players.
Is Increasing Competition in Oral Care Market Escalating Price Pressure?
The oral care market is highly competitive exhibiting the presence of an increasing number of players operating at the regional level. The emergence of local players in developing markets such as India, China, and Brazil further increases the pricing pressure on global players. Local/regional players offer oral care products at discounted prices as compared to the global players and sell their products through e-commerce channels at low prices, creating pricing pressure on global players.
Why is there High Dependency on Retail/Consumer Stores?
Prominent players in the oral care market are highly dependent on retail stores as they are the immediate customers for manufacturers. Large stores/supermarkets such as Wal-Mart, Target, and Costco have high bargaining strength; the continued trend of consolidation among retailers could thus create a cost and margin pressure on manufacturers. Furthermore, the high bargaining power of buyers may negatively impact the business of manufacturers.
Oral Care Market Country Wise Analysis
How big is the Opportunity for Oral Care Market in US?
The oral care market in North America is worth worth multi-billion dollars. It is expected to register growth at a positive pace through the forecast period. Within North America, the U.S. has emerged as a key market. The high spending power of consumers in the U.S. has been enabling sales of oral care products in the country. Also presence of some of the leading players has been supporting expansion in the U.S.
Besides this impressive penetration of online channels have been supporting expansion in the U.S. For instance, Amazon is one of the leading online retail channels in the country. According to the U.S. Centers for Diseases Control and Prevention (CDC), one in every four adults in the U.S. have untreated tooth decay. With the health concern likely to rise, the demand for oral care products will continue rising in the U.S.
What are the Key Trends in India Oral Care Market?
The development of e-Commerce platforms allows customers to browse and order from a range of oral care product offerings provided by vendors through online portals. It makes the shopping experience of buyers calmer and supports in brand retaining and prominence. Online sale results in higher revenue and increase in market share. Furthermore, rise in penetration of e-Commerce is expected to enable vendors to provide a broad range of products in user segments such as teenagers to adults to reach new potential customers and increase the customer base of these products.
The Indian oral care market is majorly driven by selling Ayurvedic or Natural revolution products. Almost all the major companies in India are selling ayurvedic products to attract the consumers.
How Oral Health Awareness Spread drove the market in Japan?
Consumers of developed countries such as Japan are well versed with oral health practices. Thus oral care products demand is high in the country. According to GlaxoSmithKline, a global pharmaceutical company, the Japanese population is outstanding when it comes to awareness about oral health. Japanese youth and ageing population are highly concerned about their Oral health which is driving the growth of Oral Care Market.
What are the Factors Enabling Oral Care Products Sales in China?
Oral care market in China is in developing phase which offers enormous opportunities for the market players in the country. However, the market is expected to showcase growth due to improved standard of living and increasing awareness about oral hygiene among consumers.
Low price range oral care product are in high demand due the low disposable income in developing countries and lack of knowledge about featured oral care products. However, consumers are moving towards advanced products gradually.
How Convenience Stores is Preferred Sales Channel?
Convenience stores accounted for the largest share in the oral care market in the year 2020. Based on the sales channel, the oral care market is segmented into convenience stores, retail pharmacies, online distribution, and dental dispensaries. In 2020, the convenience stores segment accounted for one third of the oral care market. The large share of consumer stores in case of oral care products can be attributed to the large number of stores across the globe and their easy accessibility. Convenience Stores are preferred due to the nature of usage of oral care product as essentials goods.
Oral Care Market Competition Landscape
The oral care market is a concentrated market, as majority of the share is being taken by Colgate-Palmolive, Procter & Gamble, Unilever PLC, and GlaxoSmithKline PLC. However, the market also includes many regional players. The leading players in the market studied enjoy a dominant presence worldwide. These players are focusing on capitalizing on opportunities existing in emerging nations.
Sustainability is another approach being employed by manufacturers in order to gain share within the market. Consumers are beginning to choose brands with a green label and philanthropic endeavors, as a result of which, marketing initiatives and brand habits are expected to shift toward eco-friendly products, augmenting product sales.
For more: https://www.futuremarketinsights.com/reports/oral-care-market
Baby Bath and Shower Products Market is expected to grow at a healthy CAGR of over 6.5% by the forecast year 2031
As per FMI analysis, baby bath and shower products market outlook remains positive with sales projected to rise at 6.5% CAGR between 2021 and 2031, despite a period of subdued growth in 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights (FMI). The research study tracks baby bath and shower product sales in 20+ countries, offering a lucid analysis on how growth trend will unfold.
Biotechnology expertise is being used by the players to build high-performance baby bath and shower products, attracting a large number of customers. The use of such expertise is prominent in the highly competitive industry with great investment in research and development facilities.
For example, Massey Medicinals Company offers the ‘Candida Freedom’, a handcrafted product line, which includes biodegradable soaps and bath salts. These products contain probiotic lactospore, a Sabinsa Corporation-developed bacillus coagulans strain.
Furthermore, due to their proven benefits, ensuring safe and radiant skin, products based on micro-biome technology are in high demand. JooMoo Ltd., for example, produced a baby body wash with its own Microbiota Immune Response Control (MIRR) technology.
This ‘three-in-one’ product, is offered on various sales platforms and are designed to cleanse, disinfect, and moisturise the baby skin. As a result, the growth of the bath and shower products industry is likely to be aided by the introduction of biotechnology.
FMI in its latest study has forecasted the market to rise at a CAGR of 6.1% between 2021 and 2031, in terms of volume of sales.
Key Takeaways from the Baby Bath and Shower Products Market Study
· The U.S. will remain a leading baby bath and shower products market, accounting for over 76% of sales in North America in 2021.
· Rising demand natural and chemical-free ingredients in baby shampoo and soaps is expected to drive the sales in the Japan and South Korea.
· In terms of product type, soap and shower gel is expected to hold a dominance through the forecast period.
· Baby bath and shower products demand to rise at 4.8% in the U.K. Sales however will surge at a higher pace in France and Spain.
· Despite hypermarkets/ supermarkets’ dominance, sales via online retailers are expected to increase at a higher rate.
Impact of COVID-19 on the Market
§ The global COVID-19 pandemic has caused a surge in demand for personal cleansing products internationally. People resorted to panic buying and stockpiling at some point.
§ However, the closing of retail outlets, restrictions on pricing and marketing, and curfews in many countries around the world had resulted in lower sales volumes.
§ Furthermore, germ-protecting, anti-septic bathing products, and medicinal products are in high demand among consumers. Therefore, manufacturers are working hard to meet this demand.
§ Sanitation has become a vital aspect of virus prevention, and as a result, demand for baby care products is increasing.
Who is Winning?
Some of the key players present in the baby bath and shower products market are Kimberly Clark, Johnson & Johnson’s Company, Procter & Gamble, Unilever, Wipro, Burt’s Bees, Avon Products, Inc., Beiersdorf AG, Loreal SA, Chicco, Babyganics, Himalaya, Sebapharma, Weleda, and Green People among others. Aggressive promotional strategies, advertisements, and new product launches have driven sales growth of baby bath and shower products globally.
For more: https://www.futuremarketinsights.com/reports/baby-bath-and-shower-product-market
Floral Flavour Market with a Comprehend Key Patterns & Development in Impact of Covid-19
Surpassing global market revenues of US$ 850 Mn in 2019, sales of floral flavours will see momentous growth over the course of following years. During 2019 – 2027, global floral flavour market is poised for a CAGR of over 7%, as projected by a new Future Market Insights (FMI) study.
The floral flavour market is anticipated to grow at a moderate pace during the forecast period. As per the data found by our analysts, the increasing proclivity of consumers towards purchasing clean-label goods is likely to lead to an uptick in the demand for the naturally-sourced ingredients that floral flavours are.
Consumers are showing an aversion towards artificial flavourings while resonating with colour-enhancing and flavour-inducing natural and organic floral flavour. As a result, the demand for these flavours is likely to grow during the forecast period. Owing to this demand, the focus of manufacturers is on the development of floral products that are free from chemicals as well as artificial flavourings.
Consumers are showing interest in unconventional and authentic flavours in their food and beverage products offering unique mouthfeel. The number of products containing floral flavours has increased multifold from 2015-2018, as they account for a sensorial effect and deliver novel and interesting taste experiences to consumers.
Key Takeaways – Floral Flavour Market Study
· Consumers seek products that have their roots in a pre-industrialized food system that is centered around whole, natural, and unrefined ingredients. Floral flavours match the growing consumer’s interests in authenticity of their products. Thus, floral flavours are witnessing a surge in demand.
· In 2019, Firmenich SA, a privately-owned flavour and fragrance company, declared hibiscus as the Flavour of the Year, based on the increasing appeal of usage of hibiscus in food and drinks. Hibiscus is gaining traction in the flora flavour industry due to its appealing attributes, like the pleasant aroma coupled with a touch of tangy profile.
· Besides, the hibiscus-based floral flavour is gaining popularity in applications such as beer, yogurt, chocolates, and tea, especially in the United States, Mexico, Brazil, and Denmark, with growth also taking place in Italy and Spain.
· Beverages sector contributes more than half of the total floral flavour market share. Floral flavours are appearing in revitalizing, healthy product launches. Lavender, rose, jasmine, elderflower, and hibiscus flavours are witnessing significant demand, predominantly for use in soft drinks.
· Frequent new launches in the alcoholic beverages category are progressively featuring floral flavours to gain greater consumer traction and achieve marketing differentiation.
· Europe and North America will be significant in the global floral flavours market over the forecast period. The demand for floral flavours has especially impacted the European flavour industry.
Consumers are increasingly looking for healthier, authentic, and natural-tasting infused beverages, fusion drinks, and floral-infused RTD coffee. Thus, new entrants seeking to establish their position in the floral flavours market must focus their efforts on the beverage industry.
Botanicals Trending Floral Flavour Space
New floral flavours are emerging to witness increasing demand from the food and beverage industry. With an increasing assortment of floral flavoured mixers and edible flowers, food and beverage manufacturers are experimenting with amalgamation of floral flavours to eventually create unique recipes. The increase witnessed in manufacturers’ investments into floral flavours is indicative of the fact that the botanical flavour trend is here to stay in the long run.
Europe Remains Important Market for Investors
European markets are rapidly witnessing new product launches featuring infused floral flavours in vast products ranging from chocolates, snacks, yogurts, beverages, and many more. In the United Kingdom, Rowntree released fruit and flower-infused pastilles, whereas, in Germany, Alpro launched orange blossom-flavoured apricot soy yogurt. Fermè, an Italian fruit supplier company, launched vegan cheese with fermented cashews preparation, infused with flowers and herbs in the U.K.
Manufacturers Augmenting R&D Investments to Develop Application-specific Flavours
Key players operating in the flavour industry are investing more in research and development activities to upscale their floral flavour production capacity and to provide consumers with unique blends of floral flavours. Flavour manufacturers are strengthening their partnership with end-user industries to meet the growing demand for innovation in food and drink offerings.
§ In April 2016, Givaudan S.A., a leading flavour manufacturing company in Switzerland invested US$ 126Mn to open an innovation center in Switzerland.
§ In July 2016, Takasago International Corporation invested towards a new development center for flavours and fragrances in Mexico, to enhance its product portfolio and presence in Latin America.
For more: https://www.futuremarketinsights.com/reports/floral-flavors-market
Zero-waste Packaging Market Expand at a CAGR of 8.8% in the Forecast Period From 2022 to 2032
As per FMI, the global zero-waste packaging market is expected to reach US$ 2,289.1 Mn by 2032 and exhibit growth at a CAGR of 8.8% from 2022 to 2032. The global market is projected to grow by 2.3x during 2022-2032.
Packaging has a negative influence on the environment as numerous resources are used to manufacture products that are frequently meant to be thrown away. Currently, plastic is one of the most common materials employed in packaging.
Consumption of plastic has significantly increased in recent years. Although plastics have many valuable qualities, they also produce a lot of waste. Over 40% of all plastic usage is accounted in the packaging for end users.
According to Plastic Oceans International, every year, more than 10 million tons of plastics are spilled into the oceans and less than 9% of all plastic is recycled. As a result of plastic waste being dumped in the ocean, 1 million marine species are killed by plastic pollution per year. Globally, up to 50% of the plastic waste is generated from single-use plastic (SUP).
Due to the above-mentioned harmful impacts of plastics, consumers are inclining towards sustainable and eco-friendly packaging solutions for waste management purposes. It is set to create new growth opportunities for zero-waste packaging manufacturers, thereby reducing the utilization of single-use plastic.
Composting, reuse, and recyclability are set to be three popular trends in the field of zero-waste packaging. This step of the zero waste hierarchy puts an emphasis on performance recycling, as well decentralized composting facilities and fostering sustainable natural cycles.
Thus, manufacturers are developing new systems to keep materials in their product cycle, while also maintaining their functionality. Compostable and reusable packaging solutions are also anticipated to generate high demand in the next decade.
Key Takeaways from Zero-waste Packaging Market
· By product type, the compostable packaging segment is anticipated to create an incremental opportunity of US$ 613.2 Mn during 2022-2032.
· Based on end use, the food & beverages segment is anticipated to hold approximately 45% of the global market share by the end of 2032.
· South Korea is projected to generate a share of about 61.2% in the East Asia zero-waste packaging market.
· Germany is estimated to lead the Europe zero-waste packaging market, with an expected valuation of US$ 315.6 Mn by the end of 2032.
· The zero-waste packaging market witnessed growth at a CAGR of 5.8% during the historical period (2015-2021).
Read more: https://www.futuremarketinsights.com/reports/zero-waste-packaging-market
Spoonable breakfast demand is boosted by growing consumer desire for healthy food products.
The market for liquid breakfasts has been expanding rapidly over the past few years. The market for liquid breakfast items is expected to reach 302,066 MT by the end of 2017 and is projected to reach 515,341 MT by the end of 2027, exhibiting a CAGR of 5.6%.
More natural, GMO-free, and organic food products are in demand from consumers throughout the world for their breakfast meals. One of the key factors driving consumers to increase their consumption of "grab and go breakfast" globally is a hectic and busy lifestyle. Consumers often prefer ready-to-eat morning foods and beverages, but they are not willing to compromise on the quality of the components.
Important Manufacturing Techniques to Meet the Massive Global Demand for Liquid Breakfast Products
*Products with decreased sugar and no artificial flavours or colours are being introduced.
*Removal of unwanted components such artificial preservatives and dyes
*Increase the use of natural and organic ingredient sources.
more investment for venture capital to uncover emerging brands
*Purchasing innovative health and wellness companies
In addition to these tactics, producers in the worldwide market for liquid breakfast goods are probably going to turn their attention to developing nations like Australia, China, and India where there is a growing need for liquid breakfast products.
For more✅: https://www.futuremarketinsights.com/reports/liquid-breakfast-products-market