Global Microwave Oven Market Hopes High on Mounting Popularity of Microwavable Food

The global microwave oven market has been foretold to gain traction from the magnifying attractiveness of microwavable food. With basic components such as vents, heating chamber, glass turntable, and display panel in place, a microwave oven could easily, quickly, and efficiently heat food. On account of their busier lifestyles, people prefer to cook food in advance and simply heat it when ready to eat. Microwave oven is one of the most used kitchen appliances in the world. The growing market for home and kitchen appliances has been envisioned to augur well for the microwave oven industry with an increased growth potential.

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As per the analysis of Transparency Market Research (TMR), the global microwave oven market has been prognosticated to earn an around US$25.0 bn by 2022 at a CAGR of 5.8% between 2017 and 2022. In 2017, the market had raked in an approximate US$18.9 bn.

Global Microwave Oven Market: Key Insights

The world microwave oven market has been foreseen to be pampered with a wealth of driving factors expediting its growth. Of these could include the aggressive usage of technologically sophisticated kitchen and home appliances due to the improving standards of people. Moreover, there could be favorable prospects birthing on the back of increasing disposable income and economic development. The demand for microwave oven could gain a strong support from the rising consumer spending on kitchen appliances. The adoption of kitchen and home appliances has been forecasted to witness a robust growth owing to the elevating rate of urbanization.

High power consumption could be a dominant restraint checking the growth of the world microwave oven market. However, several companies have been anticipated to develop products that consume less energy and offer greater advantage over traditional counterparts. The growing trend of connectivity between home appliances and innovations such as inverter-based microwave oven have been projected to create new opportunities in the market. The steady sales growth of smart kitchen appliances has also been foreseen to open up choice avenues for industry participants.

The international microwave oven market has been prophesied to be divided according to three main categories, i.e. product, vehicle, and structure. As per product classification, convection, grill, and solo microwave ovens could be the major markets, where the first product could gather a king’s share of US$12.2 bn by the end of 2022. By vehicle, there could be opportunities prevailing in household and commercial markets. According to the segmentation analysis by structure, players have been expected to find growth in countertop and built-in microwave ovens markets.

On the regional front, North America could continue to set the benchmark for the rest of the key regions such as Europe, Asia Pacific except Japan, the Middle East and Africa, and Latin America and Japan. North America has been envisaged to post a 4.9% CAGR.

Global Microwave Oven Market: Competitive Dynamics

The competition in the worldwide microwave oven market has been prophesied to take up an intensifying nature with the innovation of new products and presence of national and international companies. Key players such as Guangdong Galanz Enterprises Co. Ltd., Illinois Tool Works, INC., Hoover Limited, Sharp Corporation, Electrolux AB, Alto-Shaam, INC., and LG Electronics, Inc. could be under the limelight of the market.

Global Kick Boxing Equipment Market: Punching Bags Remain Lucrative Product Type Segment

Rising need to burn fat and maintain a healthy lifestyle has led to an increasing demand for the kick boxing equipment globally. As training professional boxers and athletes become essential, demand for the kick boxing equipment is projected to rev up in the sports industry. A recently published report by Transparency Market Research has revealed that the global market of kick boxing equipment is projected to reflect an impressive CAGR over the forecast period, 2017 – 2022.

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Factors Fuelling Growth of the Global Market

Increasing awareness related to healthy lifestyle has led people to participate in kick boxing, and other self-defensive activities. Surge in kick boxing participation has led to an increase in demand for the kick boxing equipment in the fitness and sports industry. Moreover, people are trying to maintain their health and reduce weight, due to which they are engaging in various fitness related activities. With the increase in participation in fitness activities, demand for the kick boxing equipment is projected to increase in the fitness industry significantly. Such factors are likely to boost growth of the global market of kick boxing equipment during the predicted period.

Participation in fitness activities such as kick boxing helps athletes in reducing the prominence of cardiovascular diseases. In order to burn fat and maintain fitness, people follow high-intensity workout routine. Attributed to intense workouts, people regain endorphins that they lose due to surge in stress levels. This helps in lowering prevalence of cardiovascular diseases among professional boxers and athletes. Such factors are projected to fuel growth of the global market of kick boxing equipment throughout 2022.

Punching Bags to Represent Leading Segment

The independent sports store is projected to reflect a relatively high CAGR in the global market throughout 2022. North America among other regions is projected to represent a major market for kick boxing equipment globally. Independent sports outlet is projected to represent the highest growth in terms of revenue in the global market of kick boxing equipment. The independent sports outlet is projected to represent lower than US$ 20 Mn in the kick boxing equipment market globally in 2017. Franchised sports outlet is projected to represent a significant growth in revenue terms in the kick boxing equipment market globally after independent sports outlet by 2017-end.

Punching bags among other products is projected to register a relatively high CAGR in the global market through 2022. Gloves and mouth guard are projected to reflect significant CAGR in the global market after punching bags throughout 2022. Ankle/ Knee/ Elbow guard among other products is projected to represent a relatively high growth in terms of revenue in the global market. The ankle/ knee/ elbow guard segment is projected to represent lower than US$ 20 Mn by 2022 – end. Gloves among other products is projected to represent a significant growth in revenue terms in the kick boxing equipment market globally after ankle/ knee/ elbow guard segment by 2022 – end.

Individual buyer is projected to reflect a relatively high CAGR in the global market through 2022. This segment is projected to represent a relatively high growth in terms of revenue in the global market of kick boxing equipment by 2022 – end. Institutional buyer is projected to represent a significant revenue growth in the global market after individual buyer by the end of 2022 – end.

Market Players

Major market players in the global kick boxing equipment are Century LLC, adidas AG, Hayabusa Fightwear Inc, Everlast Worldwide, Inc., Twins Special Co. LTD, Combat Sports Inc., King Professional, Fairtex, Ringside, Inc., and Title Boxing, LLC.

Market Segmentation:

Global Kick Boxing Equipment Market, By Product Type

• Gloves
• Ankle/knee/elbow guard
• Punching bags
• Hand wraps
• Shin guard
• Mouth guard
• Head gear
• Boxing pads
• Others

Global Kick Boxing Equipment Market, By Sales Channel

• Independent sports outlet
• Franchised sports outlet
• Modern trade channel
• Direct to customer institutional channel
• Direct to customer online channel
• Third party online channel

Global Kick Boxing Equipment Market, By Buyer Type

•   Individual
• Institutional
• Promotional

Global Smart Toys Market Banking on AI and IoT for Prosperity

A fresh market study by the researchers at Transparency Market Research (TMR) reports that the global smart toys market is heavily dependent on product innovation, and that an increasing number of players are venturing into the competitive landscape, eating out significant chunk of the total shares. That being said, a few companies do hold a respectable position in the global smart toys market, such as Activision Blizzard Inc., Fisher-Price Inc., The Hasbro Inc., LeapFrog Enterprises, Inc., Spin Master Corp, Seebo Interactive Ltd, Wow Wee Group Ltd, Genesis Toy Co. Ltd, Reach Robotics Ltd, and SmartGurlz ApS. While Activision Blizzard is a little ahead of the curve, Hasbro is concentrating on revisiting the most popular toys and games. LEGO too has made heavy investments for research and development in the recent past to emerge as a notable competitor in the global smart toys market.

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Nascent Market Has Strong Potential for Product Innovation

The demand in the smart toys market, a sector born out of industrial and technological convergence, is projected for an impressive CAGR during the forecast period of 2017 to 2022. However, the market for smart toys is still at its early stage, with Sphero BB8 App-Enabled Droid being the only one that has achieved broad consumer appeal in the toys to life segment. In the near future, currently ongoing R&D efforts by the market leaders is expected to bear fruits and newer products are anticipated to make an impression on a wider population. That is when the demand in the global smart toys market will witness an escalation.

Based on toy-type, the global smart toys market gains maximum demand for voice or image recognition toys, accounting for US$2,271.7 mn in 2017 and projected for a CAGR of 3.7% during the forecast period of 2017 to 2022. This segment is growing at US$ 89.7 mn annually over the course of the forecast period, and this absolute growth is larger than the any other segment, viz.

App-enabled mechanical toys, screenless toys, toys-to-life, puzzles and building games, health tracking toys, wearables, and others. North America is identified as the most lucrative regional market for smart toys, promising a revenue worth US$2,119.2 mn by 2022. On the other hand, the demand for smart toys in the region of Asia Pacific expect Japan (APEJ) is anticipated to expand at an above-average CAGR of 3.9% during the same forecast period.

Increased Disposable Income of Urban Population Driving Demand

Urban population is growing increasing inclined towards restless lifestyle and while they have managed to add to their disposable income, time for personalized parenting is diminishing. Smart toys utilize artificial intelligence, and are punctuated with microprocessors, input and output devices, and volatile or nonvolatile memory units. Smart toys goes beyond just being educational toys, as they can recognize speech as well as react to their surroundings in order to provide a comprehensive entertainment and engagement to children between the age group of five to 14. The growth of the global smart toys market is also a reflection of increasing awareness towards the smart toys and the availability of diverse indoor and outdoor sports and educational toys. On the other hand, high cost of these products, the lack of awareness among large masses, particularly in the emerging economies, regulatory issues for overseas distribution, and impending innovations are some of the challenges that are hindering the prosperity of the global smart toys market.

The emergence of the Internet of Things (IoT) is having tremendous positive effect on the global smart toys market too. With IoT, modern toys are increasingly becoming a potential area wherein connectivity and existing toy types can be collaborated together to innovate appealing new devices, referred to as connected or ‘smart toys’.

Europe to Remain Largest Market for Trail Sports Accessories

A recently published study by Transparency Market Research (TMR) has estimated a moderate expansion for the global trail sports accessories market during the forecast period 2017 to 2022. Sales of trail sports accessories across the globe are expected to surpass US$ 2,000 Mn in revenues by 2022-end.

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Selecting a Good Application for Using Commonly among a Trail Community is Difficult

The trend of trail sports continues to gain popularity among the growing health-conscious consumers across the globe. Transforming into a mass phenomenon, trail sports, such as trail running and hiking, are gaining prevalence by attracting students, hip young runners, and new interested parties. Social running is becoming a new trend, with several running clubs organizing running campaigns via social online groups. Application developers have made it easy for trail runners, and hikers, to enjoy the sport together, even at high levels. However, orienting themselves, and seeking a good application for using it commonly in their community still remains a challenge for participants in trail sports. This has resulted into an increased emphasis on importance of interfaces, creating demand for options regarding transfers to other networks. Store visits for purchasing trail sports accessories have witnessed a drastic decline, as individuals are orienting themselves online and grouping offline later for running, compelling retailers to seek solutions for reaching the trail communities. This has resulted into challenges and additional costs for retailers, thereby increasing cost of the accessories related to trail sports. The aforementioned factors might influence growth of the market over the forecast period.

A significant growth in the market for wearables has been observed, with more and more products available for selection by trail sport participants. But, the selection has become more unclear, owing to the increased availability. This can be attributed to tech giants, including Apple and Samsung, who are boosting the presence of their products in the market through advertisements and marketing, incurring more challenges for retailers. The cool and laid-back trail community have a good networking within them, creating difficulty for manufacturers as the drawbacks of their new products get easily noticed and spread, with relatively lesser number of participants in this sport. These factors might further impact growth of the global trail sports accessories market.

Shoes to Remain Most Attractive Product in the Market

Shoes are projected to remain the most attractive product, and estimated to account for roughly half share of the market in terms revenues during 2017 to 2022. Sales of backpacks and tents are expected to exhibit a parallel expansion at a CAGR of 3.2 % through 2022.

Direct to customer institutional channel will continue to be the most lucrative sales channel in the global trail sports accessories market. Sales of trail sports accessories in this sales channel will account for nearly one fourth share of the market in term of revenues over the forecast period.

Economy Trail Sports Accessories to Account for Largest Revenue Share of the Market

Economy trail sports accessories will account for the largest revenue share of the market, on the basis of price range. Sales of premium, and mid-range trail sports accessories will register similar CAGRs through 2022. Europe will continue to be the largest market for trail sports accessories, in terms of revenues.

Key market players listed in the report include Big Agnes, Inc., Adidas AG,, Wolverine World Wide, Inc., Deckers Outdoor Corporation, Skechers USA, Inc., V.F. Corporation, Columbia Sportswear Company, Newell Brands Inc., Black Diamond, Inc., and Amer Sports Corporation.

Global Snow Sports Apparel Market: Popularity of Winter Olympics Driving Demand

While snow sports have been followed by large masses for a number of decades in the developed regions of North America and Europe, the growing popularity of Winter Olympics has only further added fuel to the market for snow sports apparel. Countries such as Norway, Austria, the U.S., France, Germany, Canada, Sweden, Russia, and Italy have been leading the ranking charts of snow sports since a long time, whereas Asian emerging economies such as Japan, China, and Australia are now also making a foray. Snowboarding, Ice Hockey, Alpine and Freestyle Skiing, Ski Mountaineering, Cross Country Skiing, Biathlon, and Ski Jumping are some of the most common snow sports played across the world. As per the findings of an up-to-date intelligence study by Transparency Market Research (TMR), the demand in the global snow sports apparel market will multiply at a healthy growth rate during the forecast 2017 to 2022.

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Increased Recreational Expenditure Driving Demand

Increasing preference of outdoor recreational activities among the urban population, changing lifestyle, incremented recreational expenditure, and growing awareness among the masses regarding the physical and mental benefits of sporting activities are some of the key factors driving the demand in the global snow sports apparel market. Apart from the growing popularity of snow sports, the safety awareness among the players has increased significantly in the recent past. As a result, increasing usage of protective gears such as shell tops and helmets is multiplying. In addition to that, consumer’s interest in nature-based gateways that offer competitiveness as well as leisure at the same time, has been steadily escalating and aiding to the global snow sports apparel market. With growing penetration of ecommerce, consumers are now able to research, compare, and buy the sporting gears of their choice. This factor is also augmenting the demand in the global snow sports apparel market.

Winter Olympics 2014, held in Sochi, was broadcasted by 464 television channels across the world, with the TRPs touching new peaks. This competitive event is inspiring many youngsters and driving the demand in the global snow sports apparel market. The TMR report also detects that technological advancements is also favoring the demand-flow in the snow sports apparel market. For instance, synthetic ice rinks or waterless skating rinks make use of a polymer material for skating with regular metal-bladed ice skates. The synthetic skating rinks are manufactured by interlocked panels and do not require ice. Apart from being eco-friendly, these rinks can do without refrigeration equipment for creating a mechanically frozen skating surface, and consequently reducing the operational costs considerably.

USA Makes North America the Most Profitable Region

Product-wise, shell tops dominate the demand in the snow sports apparel market, accounting for 14.8% of the global demand. The TMR report projects the demand for shell tops segment to experience a CAGR of 5.8% during the forecast period of 2017 to 2022, reaching a valuation of US$255.3 mn by 2022. Regionally, North America remains the most lucrative region for the vendors operating in the snow sports apparel market, with the regional revenue projected to reach US$546.3 mn by the end of 2022, exhibiting a CAGR of 6.5% during the forecast period of 2017 to 2022.

Competitive Landscape

Some of the prominent companies currently operating in the global snow sports apparel market are: Nike, Adidas, Columbia, Champion, The North Face, Paradox, Armada, Boll, and Black Diamond Equipment.

Global Conductive Textiles Market Driven by Increasing Demand from Military and Defense Sector

Conductive textiles are an emerging class of textiles beginning to gain demand in a number of sectors. Conductive textiles are made by combining conventional textiles such as cotton with conductive materials to produce textiles that can conduct electricity, but can still be worn safely by users. The conductivity of conductive textiles can be put to use in various sectors due to the increasing incorporation of electronics and body sensors. The healthcare sector is thus likely to remain a key contributor to the global conductive textiles market in the coming years, with healthcare innovation emerging as a major expenditure avenue across the world due to rising awareness about its importance to maintaining the health of a country’s population, which has led to government support and significant private investment in several countries.

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According to Transparency Market Research, the global conductive textile market was valued at more than US$1.6 bn in 2017 and is likely to rise to a valuation of more than US$2.1 bn by 2022. The market is likely to exhibit a steady CAGR over the forecast period due to the steady prospects for the conductive textiles market in a number of booming industrial sectors such as defense equipment and clothing, healthcare, and sports and fitness apparel.

Major Highlights of the Conductive Textiles Market:

The others product type is likely to rise at a robust 5.4% CAGR from 2017 to 2022. The others segment is likely to benefit from the growing demand for innovative conceptions in the conductive textiles market and the availability of several methods to incorporate conductive materials into textiles. Conductive wires and coatings are the conventional methods of producing conductive textiles and are likely to remain in vogue over the coming years.

The North America conductive textiles market is likely to remain the strongest regional contributor to global market figures thanks to the steady presence of several leading players in the textiles industry as well as the electronics industry. North America is also home to key innovators in the technological sector, which has led to easy availability of the technological framework required for the production of advanced and innovative conductive textiles. The North America market for conductive textiles was valued at US$340.4 mn in 2017 and is expected to rise to US$445 mn by 2022.

Players in the Asia Pacific market for conductive textiles could make significant inroads into the global market in the coming years due to the rising prominence of the textiles industry in countries such as China and India. Advanced production technologies are steadily becoming the norm in the textile industry in emerging countries in Asia Pacific, which could lead to Southeast Asian countries emerging as key producers in the conductive textiles market in the coming years. Japan is likely to dominate the Asia Pacific market in the coming years due to the presence of several leading electronics industry players in the region and the steady acceptance of technological innovations in the healthcare sector.

The rising demand for military modernization efforts across the world is likely to entail significant thrust for the global conductive textiles market. Military modernization presents significant scope for conductive textiles industry players, as it is likely to present a steady rise in demand over the coming years. The rising use of electronic sensors in military clothing is likely to ensure a steady stake of the military and defense sector in the global conductive textiles market in the coming years.

Competitive Dynamics

Leading players in the global conductive textiles market include Bekaert Inc., Seiren Co. Ltd., Toray Industries, Inc., Laird Plc, and Parker Chomerics.

Global Field Hockey Equipment Market Driven by Rising Popularity of Field Hockey

The field hockey equipment market is likely to exhibit rapid growth in the coming years thanks to the rising popularity of field hockey and the increasing number of urban users taking an interest in the sport. The increasing televised coverage of field hockey tournaments and the consequent rise in the demand to formalize field hockey leagues in several developing countries has led to significant demand from the global field hockey equipment market. The field hockey equipment is also likely to benefit from the rising adoption of online shopping channels by urban consumers, as it has made it increasingly easy for consumers to purchase field hockey equipment. While field hockey is still less popular than sports such as football, the growing commercial scope of the sport is likely to lead to strong growth of the field hockey equipment market in the coming years. The rising awareness about the benefits of cardiovascular exercise is also likely to drive interest in field hockey, thus driving the global field hockey equipment market.

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According to Transparency Market Research, the global field hockey equipment market had a valuation of more than US$1.6 bn in 2017. Driven by the rising institutional adoption of field hockey, the global field hockey equipment market is likely to exhibit steady growth over the 2017-2022 forecast period and is expected to reach a valuation of close to US$1.8 bn.

Global Field Hockey Equipment Market: Key Insights

Field hockey shoes are likely to remain the leading revenue generator for the global field hockey equipment market in the coming years. Shoes accounted for 47.9% of the global field hockey equipment market in 2017, the segment being valued at US$772.6 mn. The shoes segment is likely to exhibit a strong 2.3% CAGR over the forecast period, rising to a valuation of US$866.5 mn. The segment’s share in the global field hockey equipment market is expected to rise to 48.1% over the forecast period, driven by the consistent product development in the footwear sector and the increasing commercial scope of sports footwear.

Europe is the leading contributor to the global field hockey equipment market due to longstanding popularity of the sport in Central European countries such as Germany and the Netherlands. The Europe field hockey equipment market is expected to exhibit a steady 2.3% CAGR over the 2017-2022 forecast period and is expected to end up at a valuation of US$675.4 mn.

The dominance of countries such as Germany, the Netherlands, and Australia on the international level has helped the field hockey equipment market in the respective regions. The Asia Pacific except Japan (APEJ) market for field hockey equipment is thus also likely to exhibit steady growth in the coming years due to rising demand from Australia as well as the increasing interest in hockey in the Indian subcontinent. The APEJ field hockey equipment market is expected to rise to a valuation of US$520.7 mn over the 2017-2022 forecast period at a solid 2.2% CAGR. Japan is also likely to emerge as a key market for field hockey equipment in the coming years, with the market expected to be valued at US$66.1 mn by 2022.

Growing awareness among the population about the cardiovascular benefits of field hockey is likely to remain a key driver for the field hockey equipment market. Field hockey is an extremely physically demanding sport and provides comprehensive physical benefits. As a result, individual as well as institutional preference for field hockey is increasing, leading to growing demand from the global field hockey equipment market. The rising availability of field hockey equipment on online shopping portals is also likely to remain a key aid for the global field hockey equipment market over the coming years due to growing preference for the convenience of online shopping shown by urban users.

Competitive Dynamics

The global field hockey equipment market features numerous leading players such as Grays International, Mazon Hockey, Gryphon Hockey, Adidas AG, Osaka Hockey, OBO, and TK Hockey. The field hockey equipment market is likely to retain a high degree of fragmentation in the coming years due to the presence of lucrative commercial opportunities across the world and the extensive scope for small-scale local manufacturers.

Global Luxury Furniture Market: Wood to be High Revenue Earning Material Segment

Transparency Market Research believes that the players in the global luxury furniture market are likely to invest in rock-solid marketing strategies to make an indelible impression on end users. Several players in the market are likely to look at setting up manufacturing units in developing countries due to lower cost of investment and reduced cost of operations. Furthermore, high degree of product differentiation through careful curation of materials is also expected to be one of the key winning strategies of the players operating in the global market. The research report identifies Muebles Pico, Nella Vetrina, Laura Ashley Folding PLC, Scavolini S.p.A., Henredon Furniture Industries Inc., Giovanni Visentin srl, Iola Furniture Ltd, Turri S.r.l, and Heritage Home Group LLC are the prominent players in the global luxury furniture market.

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According to the research report, the global luxury furniture market is likely to be worth US$29,496.7 mn by the end of 2022. As of 2017, the market is estimated to seek an opportunity worth US$22,937.6 mn. During the forecast period of 2017 and 2022, the global luxury furniture market is poised to exhibit a CAGR of 5.2%. Analysts anticipate that wood will be one of the extensively used materials for making luxury furniture in the near future. This material segment is slated to rise at a CAGR of 5.8% during the forecast period. From a geographic point of view, the global market will be dominated by Europe. The report states that the Europe luxury furniture market is likely to be worth US$ 8,779.6 mn by 2022, a figure that is higher than other regional markets.

Effective Branding Strategies Spur Growth of Luxury Furniture Market

The growth of the global luxury furniture market is mainly attributable to the powerful branding and marketing campaigns run by the players operating in the global market. The growing awareness about the luxury brands, their increasing valuation over the years, and the rising disposable incomes have collectively supported the growth of the global market in the recent years. The market study clearly states that there is a shift in the preference for luxury furniture items as they come with certain status and add value to spaces where they are installed. Their exclusivity, rarity, and absolute uniqueness in their crafting, makes each item of the luxury furniture similar to owning an art piece.

Emergence of various distribution channels, that are have played a pivotal role in determining the brand presence, have also augmented the sale of luxury furniture pieces in recent years. The growing visibility through malls and the convenience of online shopping have both rendered tremendous amount of impetus to the global luxury furniture market. The continuous addition of new products to the existing line of products, increasing penetration of internet, and the safety of paying high bills through mobile phones with EMI options have also widened the scope of the global market.

Influx of Dupes Challenge Market Growth

On the flip side, the global luxury furniture market is likely to suffer as growing number of people are realizing the unethical impact of using wood furniture. Since wood makes up for a major revenue earning segment, the growing awareness in the market is likely to impact the global market. Furthermore, increasing number of people spending on vacations and other amenities instead of luxury furniture are also likely to hamper market growth. The influx of dupes, priced at much lower rates also pose as a serious threat to the overall market. However, the booming real estate industry and rise in the number of high net worth individuals are anticipated to offer several lucrative opportunities to the global luxury furniture market.

Rising Air Pollution Drives Demand from Organic Personal Care Market

The global organic personal care market is likely to experience steady growth in the coming years due to the growing popularity of organic products in the FMCG sector. The organic personal care sector has thus grown rapidly in the last few years and is likely to exhibit a steady growth rate in the coming years. The organic personal care market is also set to benefit from other driving factors such as the rising popularity of modern sales channels and the growing disposable income of urban consumers.

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According to Transparency Market Research, the global organic personal care market is set to exhibit a strong 11.3% CAGR between 2017 and 2022. The market’s valuation is expected to rise from US$10.9 bn to US$18.7 bn over the forecast period.

Here are the key insights into the global organic personal care market:

The growing popularity of organic products is the prime driver for the global organic personal care market. While the cosmetics sector has grown at a rapid pace in recent years, consumers are becoming increasingly wary of the high content of potentially harmful chemicals in popular cosmetic formulations. This has led to a growing demand for organic alternatives. Driven by the steady growth of the organic food industry, the demand for organic products has grown by leaps and bounds over the last few years and is likely to dominate the growth trajectory of several FMCG markets in the coming years. The rising regulatory support to organic products is thus likely to remain a key driver for the global organic personal care market in the coming years.

The rising availability of modern sales channels such as hypermarkets has helped the global organic personal care market. Modern shopping avenues are particularly prevalent in urban areas, where the demand for organic products is also high. The rising disposable income of consumers in urban areas is also likely to remain a key driver for the global organic personal care market in the coming years, organic personal care products tend to be more expensive than conventional products, since the latter enjoy an economy of scale that the organic personal care industry has yet to achieve.

Rising air pollution levels in urban areas across the world are also likely to contribute significantly to the growth of the global organic personal care market. Air pollution affects the skin and hair most prominently, leading to growing demand for hair care and skin care products in the FMCG industry. The advantages provided by organic products over conventional formulations in terms of protecting hair and skin health in the face of rising pollution is likely to enable smooth growth of the organic personal care industry, as organic formulations can often be gentler on the skin than conventional chemical-based products.

Hair care products are likely to remain the dominant product segment in the global organic personal care market in the coming years. Hair care products were valued at US$3.3 bn in 2017 and are likely to rise to a valuation of US$5.7 bn by 2022 at an 11.3% CAGR therein. The segment accounted for more than 30% of the global organic personal care market in 2017 and is likely to remain similarly dominant in the coming years.

Geographically, North America is likely to remain the dominant contributor to the global organic personal care market, with the regional market set to rise from US$3.4 bn to US$5.8 bn over the 2017-2022 forecast period. Japan is also likely to play a key role in the growth of the global organic personal care market in the coming years, with the Japan organic personal care market likely to exhibit a robust 11.7% CAGR over the 2017-2022 forecast period.

Competitive Dynamics

The global organic personal care market is likely to remain intensely competitive over the coming years due to the rapid growth of the FMCG sector and increasing scope for local players, who can produce products better suited to regional preferences. Leading players in the global organic personal care market include Johnson and Johnson Consumer Inc., The Body Shop, Amway, Estee Lauder, Kao Corporation, L’Occitane en Provence, Natura Cosmeticos SA, The Hain Celestial Group, Kiehl’s, and Loreal SA.

Smart Fabrics Market Anchored to Mounting Growth by Decreasing Manufacturing Costs of Electronics and Fabrics

The global smart fabrics market is envisioned to be advantaged by the escalating popularity of cutting-edge gadgets with various technologically innovative functions such as sensing and reacting to the surrounding. Both general consumers and military professionals as few of the many end users increasingly engage smart fabrics according to their needs. Militaries find smart fabrics as a means to ensure safety and protection while other consumers could be attracted to their uniqueness.

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Sensor units, controllers, actuators, and other electronic components are usually incorporated into smart fabrics for proper functioning. The reducing costs of manufacturing such components and fabrics is predicted to allow growth in the global smart fabrics market.

The global smart fabrics market, according to Transparency Market Research (TMR), is envisaged to be valued at a US$5.5 bn by the end of 2022, progressing from a US$2.2 bn attained in 2017, at a 19.6% CAGR.

Global Smart Fabrics Market: Major Insights

The international smart fabrics market is anticipated to gather immense growth in top applications such as sports and fitness. The research and development activities in the smart fabrics industry could be favorably impacted with the need to improve athletic performance. The demand for smart fabrics could also be augmented by the rising global population creating an urgent need for enhanced medical and healthcare facilities. Smart fabrics with their ability to integrate with advanced electronics could be used to monitor vital signs and health of patients in real time. Besides this, smart fabrics are expected to help in faster patient recovery.

The international smart fabrics market is prophesied to be classified into ultra-smart fabrics, active smart fabrics, and passive smart fabrics as per product. According to the analysis of the researchers authoring the publication, passive smart fabrics could account for a greater revenue growth in the coming years. This market for smart fabrics is foretold to earn a US$2.2 bn by the end of 2022.

As per application, the international smart fabrics market could be segregated into sports and fitness, medical and healthcare, automotive and transportation, protection and safety/military, fashion and entertainment, home and architecture, and other applications. By function, energy harvesting, sensing, thermoelectricity, luminescent, and other functions are prognosticated to be important segments of the market.

On the basis of region, the international smart fabrics market could be classed into the Middle East and Africa (MEA), Europe, Asia Pacific except Japan (APEJ), and Latin America. Japan could be another segment of the market but with a slower growth. Nevertheless, North America is foreseen to be an attractive region securing a leading share in the market. By 2022 end, it could collect a revenue of US$1.9 bn. Europe could also offer lucrative business prospects in the market while expanding at an 18.1% CAGR.

Global Smart Fabrics Market: Vendor Landscape

The publication studies some of the significant industry players of the worldwide smart fabrics market. These include Adidas AG, Nike, Inc., Outlast Technologies LLC, Milliken & Company, Oneill Wetsuits L.L.C., Schoeller Textil AG, Toray Industries, Inc., Infineon Technologies AG, Clothing Plus Oy, and Ohmatex Aps.

Global Dry Shampoo Market Gaining Traction to Serve Needs of Fashion-conscious Consumers

The global dry shampoo market is gaining from a number of favorable factors. Firstly, dry shampoo has aroused the interest of the growing working-class population, globally, who are looking for hair products that do not require much time for application suitable for their hectic lifestyle. This population group requires frequent hair washes as they are exposed to dirt and pollution while traveling to and from the workplace. Dry shampoo is best suited in this scenario, as frequent use of regular shampoo leads to loss of strength and sheen of hair. The ease of use as it does not require water to reduce greasing from the scalp and hair is also a significant factor boosting the demand for dry shampoo.

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Apart from this, the changing consumer preference for natural and organic hair care products is also stoking growth of dry shampoo market. To cater to this, a number of hair care brands have introduced natural and organic variants of dry shampoo, which are attracting a large number of consumers. These variants are not only free of harsh chemicals, which are associated with loss of luster and strength of hair, but also help improve hair health through nourishing the scalp. Further, rising hair fall concerns and the rising prevalence of scalp related diseases are increasingly leading consumes opt for natural and herbal hair care solutions.

The influence of the fashion industry leading individuals to adopt hair care solutions endorsed by models and hair stylists has also been boosting the growth of the dry shampoo industry. The advent of new formula based hair care products briefly gained the interest of models and hair stylists for increasing hair volume and providing rich hair texture. However, excessive use of chemical-based hair styling solutions and frequent shampooing have been associated with severe scalp issues, with baldness being one of them. This has led models and hair stylists to switch to dry shampoo that substitutes chemical-based products for hair styling needs.

According to estimates presented by a report by Transparency Market Research (TMR), the global dry shampoo market will expand at a CAGR of 6.2% between 2017 and 2022 vis-à-vis revenue. Expanding at this pace, the market is likely to become US$4,110.6 mn by 2022-end from its estimated worth of US$3,043.5 mn in 2017.

dry shampoo market

Global Dry Shampoo Market: Key Insights

Among the key form type segments, spray form is estimated to hold the leading 66.2% of market share in 2017. In absolute numbers, the spray form segment is estimated to be valued at US$2,016.3 mn in 2017. The form spray segment is anticipated to register a CAGR of 6.3% between 2017 and 2022, for the segment to touch a revenue valuation of US$2,738.4 mn by the end of 2022. The form spray type segment is estimated to display the leading year on year absolute growth of US$144.4 mn over the course of the forecast period from 2017 to 2022.

As per function classification, the segments of the global dry shampoo market include anti-dandruff, color protection, hair loss prevention, and others.

From a geographical perspective, the report studies the global dry shampoo market across North America, Europe, Asia Pacific except Japan, Japan, and the Middle East and Africa. Of them, North America is expected to account for the leading revenue contribution of US$1,134.0 mn in 2022. However, Asia Pacific except Japan is expected to register the leading 7% CAGR over the forecast period between 2017 and 2022.

Global Dry Shampoo Market: Competitive Analysis

The global dry shampoo market is competitive with a presence of a considerable number of established players. Key players operating in the global dry shampoo market include The Unilever Group, The Procter and Gamble, Kao Corporation, The Estee Lauder Companies Inc., Shiseido Company Limited, Church & Dwight Co. Inc., Coty Inc., Revlon Inc., Henkel AG & Co. KGaA, and L’Oreal SA.

The global dry shampoo market is segmented as follows:

Global Dry Shampoo Market, by Form Type

• Spray Form
• Powder Form

Global Dry Shampoo Market, by Function

• Anti-Dandruff
• Color Protection
• Hair Loss Protection
• Others

Global Dry Shampoo Market, by Demographic

• Men
• Women
• Kids

Global Dry Shampoo Market, by Distribution Channel

• Modern Trade
• Convenience Store
• Specialty Store
• Drug Store
• Online
• Others

Hard Luxury Goods Market: Increasing Entry of New Players to Intensify Competition

With a large pool of established vendors, the global hard luxury goods market is witnessing a high degree of competition, which is expected to intensify further over the coming years due to the escalating number of new players venturing into this market, states a new study by Transparency Market Research (TMR). The leading participants in this market are Graff Diamonds, LVMH, Giorgio Armani, Swatch Group, Richemont, Bulgari, Chanel, Ralph Lauren, Tiffany & Co., and Harry Wintson.

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According to the study, the global hard luxury goods market is expected to reach US$75.24 bn by the end of 2017. Further, the market’s opportunity is projected to rise at an exponential CAGR of 10.90% during the period from 2017 to 2022, arriving at a whopping sum of US$126.11 bn by the end of the period of the forecast. Watches are the most valued hard luxury products across the world and are expected to remain so over the next few years, with their revenue contribution to this market rising at a CAGR of 8.30% over the forecast period. Women are expected to remain the most prominent consumers of hard luxury goods, worldwide, in the near future.

Europe, which has been leading the global hard luxury goods market over the last few years, is anticipated to keep up with the trend in the years to come. The presence of a large pool of players is expected to surface as the prime factor behind the growth of this regional market, reports the study.

Increasing Preference of Branded Products to Reflect Positively on Market’s Progress

“The increasing preference of branded products among consumers across the world is propelling the global hard luxury goods market significantly,” says a TMR analyst. Consumers, nowadays, are preferring sophisticated products, leading to a rise in the demand for innovative craftsmanship and superior quality products, which has reflected greatly on the sales of branded items, especially hard luxury goods.

In addition to this, the increasing initiatives related to product marketing and the rise in ad campaigns using digital media platforms, specifically in the retail industry, will impact the growth of the worldwide market for hard luxury goods positively in the near future, notes the market study.

Continual Surge in Tariffs May Impede Growth

The economic strengthening and the augmenting disposable income of consumers, particularly in developing nations, are also boosting this market substantially. However, the continual surge in tariffs among some of the lucrative domestic Asian and Latin American markets, such as India, China, and Brazil, may limit the growth of this market over the next few years. The lack of raw materials and their price volatility may also impede the market’s growth in the years to come.

Nevertheless, the companies operating in this market are expected present affordable and budget luxury products in both of the hard luxury goods product segments over the forthcoming years in a bid to expand their consumer base, thus driving the overall growth of this market, states the research report.

Eye Makeup Market Benefits from Growing Concern about Appearance among Millennials

The global eye makeup market is experiencing steadfast growth, thanks to the increasing sales of beauty products through online shops and mail-orders that complement traditional physical retail stores. Today, large companies offer a range of new and exciting products that are marketed through social media channels such as Instragram and YouTube. These channels help to reach a wider audience, especially the Millennials and Generation Z that are considered to be twice likely to adopt technology than the previous generations. Further, the importance of beauty among a large percentage of women in this population group is driving sales of beauty products that include eye makeup.

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Eye makeup products are applied around the eye to enhance the appearance of the eyes and to accentuate the beauty of the eyes. Eye makeup products include eye-shadow, eye-liner, eye-brow products, and other products that can enhance the eyes.

The introduction of new and innovative eye products that is suitable for the modern lifestyle is also stoking growth of eye makeup market. For instance, the demand for waterproof makeup is strong as they can withstand heat and humid weather conditions. Waterproof makeup is particularly popular among women who are exposed to hot and humid weather conditions due to work requirements.

In addition, smudge-free eye makeup such as waterproof eyeliners are increasingly gaining popularity among sportswomen that participate in swimming, athletics, and other humid outdoor activities. Mineral eye makeup is increasingly gaining popularity in the eye makeup market as it is natural and contains inorganic substances sans carbon. With the increasing demand for natural mineral eye makeup products, the overall eye makeup market will receive a boost in the upcoming years.

Lastly, the introduction of 3D makeup printers holds immense promise for the growth of eye makeup market. The printer works in the way that it allows the user to print their own eye shadow that may be desired.

A report by Transparency Market Research (TMR), projects the global eye makeup market to be evaluated at US$5,867.5 mn in 2017. The growth of this market is anticipated to be impressive in the upcoming years with a CAGR of 5.9% during the forecast period of 2017 to 2022. Progressing at this rate, the market will likely become worth US$7,820.4 mn by the end of 2022.

Here are some key insights about developments in the global eye makeup market over the forthcoming years:

Among the various product types, the eye liner segment dominates and is anticipated to represent 25.8% of the market in 2017. The eye liner product segment is likely to expand at a CAGR of 5.1% between 2017 and 2022 to serve a demand that will attract a revenue of US$1,946.3 mn by the end of 2022.

As per sales channel, supermarket, hypermarket, pharmacies, health and beauty retailer, e-commerce, and other sales channel are the segments into which the global eye makeup market is divided in this report.

From a geographical standpoint, Asia Pacific except Japan (APEJ) is a key market amongst all regional markets for eye makeup. The region is expected to lead vis-à-vis revenue in 2017. Going forward, APEJ is anticipated to display the leading growth rate over the forecast period between 2017 and 2022.

Global Eye Makeup Market: Competitive Analysis

The global eye makeup market that features dominance of a few large companies marks intense competition. Key players in the global eye makeup market include L’Oreal, Estee Lauder, P&G (CoverGirl), Shiseido, Avon, Revlon, Chanel, LVMH, HUL, and Colorbar Cosmetics Private Limited.

Facial Makeup Market: Players to Focus on Product Innovations to Meet Ever-changing Demands of Consumers

The global facial makeup market demonstrates a highly fragmented business structure, owing to the presence of a massive pool of regional and international vendors of facial makeup, states Transparency Market Research (TMR). The competition is projected to soar further as the leading vendors are increasingly concentrating on innovation in products to meet the ever-changing fashion trends and the subsequent changes in the demands of consumers. They have also turned to fashion shows and celebrity endorsements for the marketing of their products. Going forward, vendors are expected to add significantly to this market with continual product launches, mergers, acquisitions, strategic alliances, and price wars, reports the research study.

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Global Facial Makeup Market to Rise at 6.10% CAGR between 2017 and 2022

As per the estimations of TMR, the global facial makeup market is expected to offer an opportunity worth US$8.60 bn by 2017. The market is anticipated to rise further at a CAGR of 6.10% during the period from 2017 to 2022 and attain a value of US$11.54 bn by the end of the period of the forecast. “The improvement in the consumers’ lifestyles across the world has highly influenced the worldwide market for facial makeup,” says an analyst at TMR.

As consumers are increasingly becoming conscious about their physical appearance, their craze for a well-maintained personality and polished look is also witnessing a consequent rise, leading to a swelling demand for facial makeup products, as these products play an important role in enhancing one’s facial features and beauty. This, as a result, is boosting the market for facial makeup significantly across the world. Over the coming years, the market is expected to gain significantly from the increasing trend of blemish base (BB) creams and color correcting (CC) creams, states the research study.

Facial Makeup Market to Witness Strong Growth in APEJ

The report also provides a geographical evaluation of the global market for facial makeup. According to the report, the market is categorized into the Middle East and Africa (MEA), Europe, Asia Pacific excluding Japan (APEJ), Japan, North America, and Latin America. Among these, Asia Pacific excluding Japan is projected to emerge as the leading regional market for facial makeup in the years to come, rising at a CAGR of 7.10% over the period of the forecast. The remarkable increase in the purchasing power of consumers in the APEJ region is likely to boost the APEJ market for facial makeup over the next few years, ensuring its dominance.

Supermarkets and hypermarkets have surfaced as the most prominent sales channels for facial makeup products, worldwide. Researchers at TMR project these sales channels to maintain their supremacy throughout their forecast period. However, with the increasing prominence of online retail sites, E-commercial sales channels are also projected to gain momentum in the near future.