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#China Skincare Market share
coochiequeens · 1 year
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Ladies, always keep stickers on you
China’s Surrogacy Debate Extends to Women’s Toilets 
From universities to hospital toilets, women are finding themselves surrounded by small ads recruiting surrogacy candidates as well as customers. They, and some companies, are hitting back.
By Yang Caini
May 15, 20233-min read #gender#surrogacy
Women in China are covering up surrogacy ads in toilets with stickers and lipstick as they try to discourage other women from becoming surrogates or take up their services.  
In late April, a video of an anonymous woman covering up a surrogacy ad with stickers in a women’s bathroom in a hospital in the Guangxi Zhuang Autonomous Region went viral online.
Her actions were widely praised, with netizens sharing similar experiences about covering up surrogacy ads they encounter: “I erased these sorts of ads in the toilet of a movie theater.” “I’ve seen ads like this in dorms and school bathrooms.” “They can be found in all three toilets in a Changsha shopping mall.” 
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These ads look to recruit surrogates as well as customers. They are usually made up of very few words, with a price and a contact number provided. Many also guarantee a son, the favored sex in China.  
Five university students from five different cities told Sixth Tone that they’ve seen the ads “countless times” in toilets. Zhao Yifei, a master’s degree student at Sun Yat-sen University in Guangzhou, said that these ads can be found in almost every toilet on campus. She sometimes feels conflicted when scratching them out with her keys. 
“On the one hand, I think (surrogacy) can help those families who cannot conceive because of physical reasons. On the other hand … the most likely result is that the rich use surrogacy in large numbers and exploit the poor,” said Zhao. 
Commercial surrogacy is banned in China, together with all sales of gametes, fertilized eggs, and embryos. The prohibition has led to the emergence of black markets and cross-bordersurrogacy services that target infertile and same-sex couples.
Surrogate mothers in China can receive up to 280,000 yuan ($40,282) for their services, while customers reportedly pay up to 1.1 million yuan for a surrogate baby with a chosen sex.
The question of whether to legalize surrogacy in China is a heated debate. In 2017, state-run media People’s Daily published an article that discussed legalizing surrogacy to ease the country’s falling birth rate and help infertile senior couples. Opponents, however, decry the practice for exploiting vulnerable women.
Li, who insisted on only using her surname, has kept a marker pen and anti-surrogacy stickers in her handbag since 2019, when she first erased a surrogacy ad in a shopping mall toilet with her lipstick in her hometown of Zhengzhou, the capital city of the central province of Henan.
“I’m embarrassed to say it, but I was thinking about whether the lipstick can still be used afterwards. But this was only for a few seconds — after all, this matter is much more important than lipstick,” Li, 26, told Sixth Tone.
Afterwards, Li purchased anti-surrogacy stickers in case she ran into the ads again. Some of these stickers mention that they are 30 centimeters long, the same length as a needle used for retrieving a woman’s egg. She hopes this scares women thinking about surrogacy by showing what it will mean in practice. 
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Some women’s products manufacturers, including sellers of pads and skincare products, are supporting these anti-surrogacy efforts by gifting customers free anti-surrogacy stickers with their purchases.
SISCOM, an online vendor with over 40,000 followers on e-commerce platform Taobao selling feminist merchandise, began giving customers free anti-surrogacy stickers in 2021. “Surrogacy exploits women. It’s banned in China. You will be punished for it,” the stickers read, with a reporting hotline included. 
Qiqi, co-owner of SISCOM, told Sixth Tone that she has seen many of these ads herself. 
“Sometimes I can’t help but feel that the people who make these ads are so smart … The toilet compartments are so private that you can hardly catch them and ban them,” she said. 
Women’s public toilets have been in the news before. In 2020, advocates launched a campaign to install pad-sharing boxes in women’s toilets, which swept across the country. 
Editor: Vincent Chow. 
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chemistwarehouse2 · 3 days
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Chemist Warehouse: A Leader in Australian Retail Pharmacy
Chemist Warehouse is one of Australia's most recognizable names in retail pharmacy, often referred to as "Australia’s Cheapest Chemist." With over 500 stores across Australia, New Zealand, and even some expansion into China, Chemist Warehouse has become a household name synonymous with affordable healthcare, prescription medications, and a wide variety of consumer goods.
Origins and Growth Chemist Warehouse was founded in 2000 by Mario Verrocchi and Jack Gance, building on their vision of offering customers competitive prices on pharmaceutical products. Unlike traditional pharmacies that focus more on providing personal service, Chemist Warehouse adopted a high-volume, low-cost model that allowed them to offer substantial discounts on products ranging from prescription medications to everyday essentials like skincare, supplements, and baby care items.
This business model has proven incredibly successful. The company's rapid expansion was driven by their ability to offer prices lower than traditional pharmacies, often by as much as 50%. Chemist Warehouse has capitalized on bulk purchasing and streamlined operations, passing on these savings to consumers.
Pricing and Accessibility The affordability of Chemist Warehouse products has been a key driver of its success. Consumers looking for over-the-counter medications, beauty products, vitamins, and even fragrances often find Chemist Warehouse as the go-to destination. Their slogan, "Why Pay More?", resonates strongly in an environment where healthcare costs can be significant.
Chemist Warehouse is also known for running regular sales and promotions, further driving customer loyalty. The company’s online store has expanded its reach beyond the physical outlets, offering customers the convenience of shopping from home and receiving their orders delivered.
Product Range and Services In addition to pharmaceuticals, Chemist Warehouse stocks an extensive range of health and wellness products, making it a one-stop shop for many consumers. Some key product categories include:
Prescription Medications: As a licensed pharmacy, Chemist Warehouse offers all major prescription drugs at highly competitive prices. Over-the-Counter Medications: The company sells a variety of OTC medications, including pain relief, cold and flu treatments, and allergy medications. Health Supplements: Customers can find a broad range of vitamins, minerals, and herbal supplements. Beauty and Skincare: Chemist Warehouse carries a vast selection of beauty products, including popular skincare brands, cosmetics, and personal care items. Fragrances: One of the unexpected areas of growth for Chemist Warehouse has been its range of discount fragrances, appealing to consumers looking for affordable luxury. Apart from product variety, the stores also provide pharmaceutical services like prescription refills, health checks, and consultations, ensuring that customers receive professional healthcare advice alongside their purchases.
Online Presence and International Expansion Chemist Warehouse’s e-commerce platform has played a critical role in its business strategy, offering customers nationwide access to its wide product range. The brand’s click-and-collect service allows customers to order online and pick up in-store, adding to its convenience.
In addition to its dominance in Australia, Chemist Warehouse has expanded internationally, with stores in New Zealand and early ventures into China through partnerships and online marketplaces like Alibaba’s Tmall Global. This international expansion has allowed Chemist Warehouse to tap into the growing demand for trusted Australian health products in overseas markets, especially in Asia, where Australian-made goods are highly regarded for their quality.
Challenges and Criticism Despite its success, Chemist Warehouse has faced its share of challenges. The company has been criticized by smaller pharmacies and industry groups for undercutting prices and monopolizing the market. Some argue that its aggressive pricing strategy has put immense pressure on independent pharmacies, making it difficult for them to compete.
There have also been labor-related disputes, with some employees raising concerns about working conditions and wages. However, Chemist Warehouse has made efforts to address these issues over time.
The Future of Chemist Warehouse Chemist Warehouse continues to evolve, with plans for further growth both domestically and internationally. The company has adapted to changing consumer behaviors, particularly with the rise of online shopping, and remains at the forefront of retail pharmacy innovation.
With a focus on affordable healthcare, a broad product offering, and the ability to adapt to market demands, Chemist Warehouse is likely to remain a dominant force in the retail pharmacy industry for years to come.
Conclusion Chemist Warehouse has revolutionized the pharmacy industry in Australia by combining affordability, accessibility, and convenience. Its aggressive pricing model has not only disrupted the market but also provided significant benefits to consumers, making healthcare and everyday essentials more affordable for millions of people.
While it faces competition and criticism, Chemist Warehouse continues to thrive, expanding its influence in both physical and digital retail spaces. The company’s commitment to providing value for money ensures that it will remain a trusted name in Australian homes and beyond.
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businessindustry · 4 days
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Luxury Makeup Market Industry, Size, Forecast | 2024 -2032
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The Reports and Insights, a leading market research company, has recently releases report titled “Luxury Makeup Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Luxury Makeup Market, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Luxury Makeup Market?
The global luxury makeup market size reached US$ 48.4 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 77.0 billion in 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
What are Luxury Makeup?
Luxury makeup encompasses premium beauty products created with high-quality ingredients to offer exceptional performance and sophistication. These products are known for their advanced formulations, opulent packaging, and unique blends that provide superior coverage, durability, and skincare benefits. Aimed at discerning customers, luxury makeup brands focus on elegance, innovation, and indulgence, delivering cosmetics that enhance the beauty experience through both exceptional results and a touch of glamour.
Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1920
What are the growth prospects and trends in the Luxury Makeup industry?
The luxury makeup market growth is driven by various factors and trends. The luxury makeup market is experiencing significant growth, driven by a rising demand for high-end beauty products that offer exceptional quality and sophistication. This growth is supported by consumers' increasing preference for premium cosmetics with advanced formulations, elegant packaging, and superior performance. As people seek more exclusive and indulgent beauty experiences, luxury makeup brands are emphasizing innovation and high status to cater to those who prioritize both effectiveness and luxury. Key factors contributing to this market expansion include increasing disposable incomes, a greater focus on personal grooming, and a trend towards premium, customized beauty products. Hence, all these factors contribute to luxury makeup market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
Organic
Convectional Products
By End User:
Male
Female
By Distribution Channel:
Hypermarkets
Online Channels
Specialty Stores
Monobrand Stores
E-commerce
Others
Market Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
The Estée Lauder Companies Inc.
Shiseido Company, Limited
Coty Inc.
Chanel International B.V.
LVMH Moët Hennessy Louis Vuitton SE
Christian Dior SE
Kering S.A.
The Procter & Gamble Company
Revlon, Inc.
Giorgio Armani S.p.A.
Gucci Group NV
Lancôme Parfums et Beauté & Cie S.A.S.
Yves Saint Laurent SAS
Bobbi Brown Professional Cosmetics, Inc.
View Full Report: https://www.reportsandinsights.com/report/Luxury Makeup-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
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exim-pedia · 5 days
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The Rising Beauty of the Indian Cosmetics Market: Opportunities and Insights for 2024 and Beyond
The Indian beauty and cosmetics industry is experiencing a dynamic shift, fueled by rising youth awareness, increased disposable income, and a growing global appetite for beauty products. With projections indicating robust growth in the skincare market and substantial export potential, there’s never been a better time to explore opportunities in this sector.
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Global Beauty Market Growth
The global skincare market is on an impressive growth trajectory. With an estimated value of $109.71 billion in 2023, it is expected to surge to $194.05 billion by 2032, driven by a compound annual growth rate (CAGR) of 6.68%. This upward trend is mirrored across various segments of the beauty industry, including skincare, fragrance, cosmetics, and haircare, which collectively generated approximately $430 billion in sales in 2022.
Asia Pacific leads the charge, holding a 51.69% market share in the skincare sector as of 2023. The rising interest in natural and organic ingredients further propels this growth, reflecting an increasing consumer preference for sustainable and eco-friendly beauty products.
The Indian Beauty Industry: A Growth Story
India's cosmetics market is not just growing; it's evolving rapidly. From 2023 to 2028, the Indian cosmetics sector is anticipated to expand at a rate of 6.78%. This growth is underpinned by factors such as a burgeoning young population, rising disposable incomes, and heightened awareness about personal grooming and wellness.
In fiscal year 2022, India exported cosmetics and personal care products worth approximately $2.9 billion. These exports include a diverse range of items such as creams, cleansers, shampoos, and makeup. The major export destinations for Indian cosmetics include the United States, China, Germany, the United Kingdom, and France, reflecting a robust global demand for Indian beauty products.
Key Export Insights
Top Export Markets:
Asia-Pacific – 40.9%
Europe – 29.2%
North America – 20.1%
In 2022, Asia-Pacific was the largest regional market for global cosmetic exports, followed by Europe and North America. This distribution highlights the varied global interest in Indian cosmetics, spanning multiple regions.
Top Indian Cosmetic Exporters:
HCP Wellness Pvt. Ltd.
Vekas Medicare
Grace Enterprises
Star Pharma Impex
Panacea Medex
Silverline Medicare Private Limited
City Pharmacy
Medi Excel Health Care
KM Overseas
Satnam Trading Company
These companies represent a cross-section of India’s vibrant and diverse cosmetics export industry, catering to a wide array of beauty needs and preferences.
Opportunities and Challenges in the Cosmetics Sector
The burgeoning global demand for beauty products presents numerous opportunities for Indian exporters. However, navigating international trade comes with its own set of challenges. Understanding market data, complying with regulatory standards, and managing the complexities of international logistics are critical for success.
Leveraging Data for Success
For those interested in entering the cosmetics export market or looking to deepen their understanding, platforms like Eximpedia.app offer valuable insights. With access to detailed export statistics, HSN codes, and comprehensive market data, Eximpedia provides the tools necessary for making informed business decisions.
Conclusion
The Indian cosmetics industry is poised for significant growth, driven by increasing domestic consumption and robust export opportunities. As global beauty trends continue to evolve, there is a promising landscape for entrepreneurs and businesses to capitalize on.
By leveraging detailed market insights and understanding the intricacies of international trade, stakeholders can position themselves strategically in this flourishing sector. For those looking to explore these opportunities further or seeking updated data on cosmetic exports, Eximpedia.app offers a wealth of resources and expertise to guide your journey.
Embrace the growing market of cosmetics export from India, and let the vibrant opportunities in India's cosmetics industry illuminate your path to success.
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foodandbeverages · 5 days
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Yeast Beta Glucan Market Size: Competitive Landscape and Recent Industry Development Analysis 2024 to 2034
The yeast beta glucan market is expected to surge at 5.1% CAGR, reaching US$ 991.5 million by 2034. This growth is propelled by a heightened awareness of overall well-being, underscored by the harmonious integration of natural ingredients and sustainable practices.
The yeast beta glucan market is witnessing dynamic growth fueled by the escalating demand for natural, functional, and sustainable ingredients across diverse industries. Rising product demand in applications such as animal feed and functional food is anticipated to be a key market driver over the projected period.
The need for functional foods is growing worldwide due to several variables, including the surging elderly population and increasing prevalence of chronic diseases. Women and children are most likely to have low immunity, particularly in developing nations. The market for products that help increase immunity is predicted to rise due to growing consumer knowledge of health issues.
Preventive regimens are becoming increasingly popular among consumers, as opposed to post-treatment drugs. By 2034, product innovations, especially in the nutrition sector, are expected to fuel demand for medications and nutraceuticals containing yeast beta glucan.
Robust research & development activities and collaborations among key players underscore a commitment to unlocking new applications and formulations. With a focus on sustainability and clean-label preferences, yeast beta glucan is poised to play a pivotal role in shaping the future of health-centric and eco-conscious industries.
“Despite the product’s excellent nutritional value, its compatibility with other culinary ingredients is difficult for manufacturers. Furthermore, it is challenging for manufacturers to reduce the chance of deterioration and maintain the nutritious composition during processing.” – Nandini Roy Choudhury, Client Partner at Future Market Insights
Information Source: https://www.futuremarketinsights.com/reports/yeast-beta-glucan-market
Key Takeaways from the Yeast Beta Glucan Market Report:
The yeast beta glucan market is projected to grow at a CAGR of 5.1% during the forecast period.
The United States yeast beta glucan market is expected to reach US$ 166.1 million by 2034.
Based on type, the 1,3-glucan segment is expected to hold a market share of 51.2% in 2024.
China is expected to surge at a CAGR of 8.1% from 2024 to 2034.
The United Kingdom is projected to rise at 5.1% CAGR through the forecast period.
Competitive Landscape
Key Companies Profiled
Cargill, Incorporated
EMD Millipore
Lallemand, Inc.
Van Wankum Ingredients
Biorigin
Angel Yeast Co., Ltd.
Kerry Group plc
Leiber
Lesaffre Human Care
Specialty Biotech Co., Ltd.
Key companies are expanding their product portfolios and employing advertising, partnerships, acquisitions, agreements, and mergers to maintain market relevance and drive growth in the yeast beta glucan market.
 For instance,
In 2020, Angel Yeast expanded its yeast beta glucan production capacity, responding to escalating product demand.
In December 2020, Lallemand Bio-Ingredients expanded its beta glucans portfolio by acquiring Biotec BetaGlucans (BBG), a subsidiary of ArticZymes Technologies.
Yeast Beta Glucan Market Segmentation by Category
By Type:
1,3-glucan
1,6-glucan
By Form:
Soluble
Insoluble
By End-use Application:
Food and Beverage Industry
Cosmetics and Skincare Industry
Animal Feed Industry
Agriculture Industry
Pharmaceutical
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
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Clean Beauty Market Size To Reach $21.29 Billion By 2030
The global clean beauty market size is anticipated to reach USD 21.29 billion by 2030 and is expected to grow at a CAGR of 14.8% during the forecast period, according to a new report by Grand View Research, Inc. The market growth is driven by a rising consumer focus on the safety of skincare and beauty products, its environmental consequences, and the potential presence of harmful ingredients in beauty products. With a growing demand for natural alternatives, companies are shifting toward embracing "clean beauty" as the emerging standard in the beauty and personal care industry.
Social media platforms and beauty influencers play a significant role in promoting clean beauty products. The influence of beauty influencers is growing, with consumers increasingly relying on their expertise when making beauty product purchase decisions. Some notable clean beauty influencers include Justine Jenkins, Maison Pur, Celeste Thomas, Bare Beauty Blog by Jessica Morse, and Kabukirune.
The surge in environmental awareness leads to a rise in demand for sustainable beauty products, prompting bloggers to create niche channels focused on ethical, natural, and sustainable products. Sustainable beauty bloggers emphasize eco-friendly choices and feature non-toxic products in their content. Brands such as R.E.M Beauty, Ofra Cosmetics, Tata Harper, and Liz Earle Beauty Co are gaining popularity for their commitment to clean beauty. As consumers prioritize eco-friendly lifestyles, the market for clean beauty products will continue growing, offering diverse and ethical options.
The market for clean beauty products is expanding due to consumer perception that they are safer, of higher quality, and contain non-toxic ingredients compared to traditional ones. However, the lack of standardized definitions for terms like "clean," "natural," and "green" has triggered controversy, emphasizing the need for improved regulation and education in the industry.
The beauty sector has witnessed a significant shift toward sustainability in response to increased consumer awareness of the environmental impact of conventional products. This change is driven by many conscious consumers seeking transparency, ethical practices, and eco-friendly options. To meet this demand, companies are reevaluating formulations, incorporating natural and ethically sourced ingredients, and leveraging innovative technologies to create high-performance, environmentally friendly beauty products.
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Request a free sample copy or view report summary: Clean Beauty Market Report
Clean Beauty Market Report Highlights
In 2023, clean skincare product sales dominated with a 41.70% market share. The growth of clean beauty trend on platforms like TikTok and Instagram and growing consumer awareness of sustainable skincare is driving the demand for clean skincare products featuring natural and non-toxic components
Men's demand for clean beauty products is projected to grow the most during the forecast period
Online sales are projected to grow fastest during the forecast period. The rapid growth in online sales of clean beauty products is driven by mass-market retailers, such as Walmart and Target, strategically expanding their product offerings in the clean beauty segment
North America dominated the market owing to factors such as increasing demand for natural skincare solutions, a shift towards sustainability, and the growing awareness regarding the impact of toxic compounds on skin and hair health
In September 2023, Estée Lauder invested in a Chinese clean beauty brand, Code Mint, founded by Grace Chow. Code Mint aims to popularize clean beauty in China and has gained significant traction, selling out on Weibo within a day of its launch. Estée Lauder's investment, facilitated by its New Incubation Ventures arm, highlights the growing market interest in China. The brand will leverage Estée Lauder's R&D capabilities to become a leader in the category
Clean Beauty Market Segmentation
Grand View Research has segmented the clean beauty market based on product, end user, distribution channel, and region:
Clean Beauty Product Outlook (Revenue, USD Million, 2018 - 2030)
Skincare
Face care
Body care
Haircare
Color cosmetics
Clean Beauty End User Outlook (Revenue, USD Million, 2018 - 2030)
Men
Women
Clean Beauty Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Hypermarkets & Supermarkets
Specialty Stores
Online
Others
Clean Beauty Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
Australia
Central & South America
Brazil
Middle East and Africa (MEA)
UAE
South Africa
List of Key Players in the Clean Beauty Market
ILIA Beauty
The Estée Lauder Companies
L'Oreal Paris
Olaplex, Inc.
Grown Alchemist
John Paul Mitchell Systems
Versed
RMS Beauty
e.l.f. Cosmetics, Inc.
The Honest Company, Inc.
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tmr-blogs2 · 10 days
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Rising Demand in the Plant Extract Market: Factors Fueling Growth to 2034
The plant extract market is poised for significant growth from 2024 to 2034, driven by increasing consumer preference for natural ingredients across a range of industries, including food and beverages, pharmaceuticals, cosmetics, and nutraceuticals. Plant extracts are derived from various parts of plants, including leaves, roots, seeds, flowers, and bark, offering a wide range of bioactive compounds such as antioxidants, vitamins, and essential oils.
The global plant extract industry, valued at US$ 35.8 Bn in 2023, is projected to grow at a CAGR of 10.5% from 2024 to 2034, reaching US$ 106.6 Bn by 2034.
Consumers’ shift towards healthier lifestyles and the rise in demand for organic products are key factors fueling the demand for plant extracts. Additionally, regulatory support for the use of natural products in pharmaceutical and food sectors, alongside advancements in extraction techniques, is boosting the market's growth.
For More Details, Request for a Sample of this Research Report: https://www.transparencymarketresearch.com/plant-extract-market.html
Market Segmentation
By Service Type: The market is segmented into extraction, formulation, and application services. Extraction services dominate due to the complexity of sourcing plant compounds.
By Sourcing Type: Segmentation by sourcing type includes organic and conventional sourcing. Organic plant extracts are gaining popularity due to rising consumer demand for chemical-free and sustainable products.
By Application: Applications of plant extracts span across food and beverages, pharmaceuticals, cosmetics, and personal care products. The food and beverages segment holds the largest market share, driven by the growing demand for clean-label and natural ingredients.
By Industry Vertical: Key industry verticals utilizing plant extracts include the food and beverage industry, pharmaceuticals, cosmetics, and nutraceuticals. The pharmaceutical segment is expected to see substantial growth due to the therapeutic benefits of plant extracts.
By Region: The market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Regional Analysis
North America: This region holds a significant share of the plant extract market, driven by strong demand for natural food additives and supplements. The United States is a key contributor, with well-established industries using plant-based ingredients.
Europe: Europe is witnessing increasing adoption of plant extracts in the pharmaceutical and cosmetics sectors, particularly in countries such as Germany and France. Regulatory frameworks promoting the use of natural ingredients are contributing to market growth.
Asia-Pacific: The Asia-Pacific region is expected to grow at the fastest rate, fueled by the rising demand for herbal supplements, traditional medicines, and natural skincare products. China and India are major players, with their rich biodiversity and growing wellness industry.
Latin America & Middle East: These regions are emerging markets, with increased awareness of natural products. Brazil’s biodiversity makes it a key contributor in Latin America, while rising disposable incomes are boosting demand in the Middle East.
Market Drivers and Challenges
Drivers:
Consumer Demand for Natural Ingredients: Increasing health consciousness is driving demand for natural, plant-based products.
Regulatory Support: Governments are encouraging the use of natural extracts, particularly in pharmaceuticals and food sectors.
Technological Advancements: Innovation in extraction techniques, such as supercritical CO2 extraction, is enhancing the quality and yield of plant extracts.
Challenges:
High Production Costs: The extraction of plant compounds is complex and resource-intensive, leading to higher product costs.
Sustainability Concerns: Over-harvesting and the environmental impact of plant extraction are growing concerns, pressuring the industry to adopt sustainable practices.
Market Trends
Growing Popularity of Functional Foods: Plant extracts are increasingly used in functional foods that provide additional health benefits, such as immunity-boosting ingredients.
Rising Demand for Clean-label Products: Consumers are seeking transparency in product formulations, favoring natural and organic plant extracts.
Advancements in Biotechnology: Innovations in plant biotechnology are improving the efficiency of extraction processes and enhancing the properties of plant extracts.
Future Outlook
The future of the plant extract market looks promising, with continued growth expected across all major regions. Key trends driving this growth include the increasing preference for natural products, rising health consciousness, and technological innovations in extraction and formulation processes. Regulatory frameworks are likely to evolve in favor of natural products, further bolstering market expansion.
The cosmetics and personal care industries will be pivotal in market growth, as consumers continue to demand eco-friendly, chemical-free products. The pharmaceutical industry will also benefit from the therapeutic potential of plant extracts, especially in the development of alternative and complementary medicines.
Key Market Study Points
The market's expansion is closely tied to increasing consumer awareness of the benefits of natural and organic products.
The rise of herbal supplements, nutraceuticals, and functional beverages is providing new growth avenues for the plant extract market.
Sustainability and environmental concerns are becoming critical factors for long-term market growth, pushing companies to adopt eco-friendly sourcing and extraction practices.
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Competitive Landscape
The plant extract market is fragmented, with numerous global and regional players. Key companies include Naturex (a Givaudan brand), Martin Bauer Group, Döhler GmbH, Indena S.p.A., and Kalsec Inc. These companies are focusing on new product development, partnerships, and mergers and acquisitions to strengthen their market position. Research and innovation in sustainable sourcing methods and extraction technologies are becoming essential competitive strategies.
Recent Developments
Innovation in Extraction Technologies: Companies are investing in advanced extraction techniques such as supercritical fluid extraction to enhance the efficiency and purity of plant extracts.
Sustainable Sourcing Initiatives: Leading players are adopting sustainable sourcing practices, such as organic farming and fair-trade agreements, to address consumer concerns over environmental impact.
Product Launches: Recent years have seen a surge in new product launches incorporating plant extracts, particularly in the beauty, nutraceutical, and functional food markets.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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timesofinnovation · 22 days
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Elf Beauty has recently revised its annual sales and profit forecasts following a robust performance in the first quarter of 2024. The company projects that its sales for 2025 will fall between $1.28 billion and $1.30 billion, a notable increase from previous expectations of $1.23 billion to $1.25 billion. This optimistic outlook reflects the ongoing strength of demand for cosmetics and skincare products even as consumer behavior shifts in response to economic pressures like inflation. According to CEO Tarang Amin, the brand has successfully captured consumer interest with its budget-friendly offerings. Retail connections, particularly with major outlets like Target, have also fueled recent sales surges. Despite facing external challenges, such as rising tariffs on imports—largely due to 80% of its products being manufactured in China—Elf Beauty's strategies appear designed to mitigate these risks. Key financial indicators further illustrate this positive trend: net sales for the last quarter rose by an impressive 50% to $324.5 million, surpassing analyst expectations, with an adjusted profit per share reaching $1.10 against a forecast of 84 cents. As consumers become increasingly selective, Elf Beauty's affordability positions it as a favored choice, reinforcing its growth trajectory in a competitive market.
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inayaxx55 · 26 days
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Global Luxury SkinCare Products Market Dynamics and Strategies for Success 2024-2034
The Luxury SkinCare Products market report offered by Reports Intellect is meant to serve as a helpful means to evaluate the market together with an exhaustive scrutiny and crystal-clear statistics linked to this market. The report consists of the drivers and restraints of the Luxury SkinCare Products Market accompanied by their impact on the demand over the forecast period. Additionally, the report includes the study of prospects available in the market on a global level.
With tables and figures helping evaluate the Global Luxury SkinCare Products market, this research offers key statistics on the state of the industry and is a beneficial source of guidance and direction for companies and entities interested in the market. This report comes along with an additional Excel data-sheet suite taking quantitative data from all numeric forecasts offered in the study.
Get Sample PDF Brochure @ https://www.reportsintellect.com/sample-request/2903997
Key players offered in the market: L'Oréal Unilever Estée Lauder Cos P&G Coty Shiseido Beiersdorf Johnson & Johnson AmorePacific Kao LVMH
Additionally, it takes account of the prominent players of the Luxury SkinCare Products market with insights including market share, product specifications, key strategies, contact details, and company profiles. Similarly, the report involves the market computed CAGR of the market created on previous records regarding the market and existing market trends accompanied by future developments. It also divulges the future impact of enforcing regulations and policies on the expansion of the Luxury SkinCare Products Market.
Scope and Segmentation of the Luxury SkinCare Products Market
The estimates for all segments including type and application/end-user have been provided on a regional basis for the forecast period from 2024 to 2034. We have applied a mix of bottom-up and top-down methods for market estimation, analyzing the crucial regional markets, dynamics, and trends for numerous applications. Moreover, the fastest & slowest growing market segments are pointed out in the study to give out significant insights into each core element of the market.
Luxury SkinCare Products Market Type Coverage: - For Women Foe Men For Baby
Luxury SkinCare Products Market Application Coverage: - Online Sales Offline Sales
Regional Analysis:
North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Countries (Middle East, Africa, GCC)
Discount PDF Brochure @ https://www.reportsintellect.com/discount-request/2903997
The comprehensive report provides:
Complete assessment of all opportunities and threats in the global market.
Luxury SkinCare Products Market recent advancements and major events.
A thorough study of business policies for the growth of the Luxury SkinCare Products Market leading players.
Concluding study about the growth plot of Luxury SkinCare Products Market for upcoming years.
Detailed understanding of Luxury SkinCare Products Market particular drivers, restraints, and major micro markets.
Favorable impression inside vital technological and market latest trends hitting the Luxury SkinCare Products Market.
Reasons to Purchase Luxury SkinCare Products Market Research Report
Develop a competitive approach based on the competitive landscape
Build business strategy by identifying the high growth and attractive Luxury SkinCare Products market classifications
Identify potential business partners, gaining targets and business buyers
Design financial investment policies based on estimated high potential segments
Prepare management and tactical presentations using the Luxury SkinCare Products market data
Plan for new product promotion and portfolio in advance
Contact Us: [email protected] Phone No: + 1-706-996-2486 US Address: 225 Peachtree Street NE, Suite 400, Atlanta, GA 30303
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shiza0022 · 26 days
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Global Luxury SkinCare Products Market Dynamics and Strategies for Success 2024-2034
The Luxury SkinCare Products market report offered by Reports Intellect is meant to serve as a helpful means to evaluate the market together with an exhaustive scrutiny and crystal-clear statistics linked to this market. The report consists of the drivers and restraints of the Luxury SkinCare Products Market accompanied by their impact on the demand over the forecast period. Additionally, the report includes the study of prospects available in the market on a global level.
With tables and figures helping evaluate the Global Luxury SkinCare Products market, this research offers key statistics on the state of the industry and is a beneficial source of guidance and direction for companies and entities interested in the market. This report comes along with an additional Excel data-sheet suite taking quantitative data from all numeric forecasts offered in the study.
Get Sample PDF Brochure @ https://www.reportsintellect.com/sample-request/2903997
Key players offered in the market: L'Oréal Unilever Estée Lauder Cos P&G Coty Shiseido Beiersdorf Johnson & Johnson AmorePacific Kao LVMH
Additionally, it takes account of the prominent players of the Luxury SkinCare Products market with insights including market share, product specifications, key strategies, contact details, and company profiles. Similarly, the report involves the market computed CAGR of the market created on previous records regarding the market and existing market trends accompanied by future developments. It also divulges the future impact of enforcing regulations and policies on the expansion of the Luxury SkinCare Products Market.
Scope and Segmentation of the Luxury SkinCare Products Market
The estimates for all segments including type and application/end-user have been provided on a regional basis for the forecast period from 2024 to 2034. We have applied a mix of bottom-up and top-down methods for market estimation, analyzing the crucial regional markets, dynamics, and trends for numerous applications. Moreover, the fastest & slowest growing market segments are pointed out in the study to give out significant insights into each core element of the market.
Luxury SkinCare Products Market Type Coverage: - For Women Foe Men For Baby
Luxury SkinCare Products Market Application Coverage: - Online Sales Offline Sales
Regional Analysis:
North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Countries (Middle East, Africa, GCC)
Discount PDF Brochure @ https://www.reportsintellect.com/discount-request/2903997
The comprehensive report provides:
Complete assessment of all opportunities and threats in the global market.
Luxury SkinCare Products Market recent advancements and major events.
A thorough study of business policies for the growth of the Luxury SkinCare Products Market leading players.
Concluding study about the growth plot of Luxury SkinCare Products Market for upcoming years.
Detailed understanding of Luxury SkinCare Products Market particular drivers, restraints, and major micro markets.
Favorable impression inside vital technological and market latest trends hitting the Luxury SkinCare Products Market.
Reasons to Purchase Luxury SkinCare Products Market Research Report
Develop a competitive approach based on the competitive landscape
Build business strategy by identifying the high growth and attractive Luxury SkinCare Products market classifications
Identify potential business partners, gaining targets and business buyers
Design financial investment policies based on estimated high potential segments
Prepare management and tactical presentations using the Luxury SkinCare Products market data
Plan for new product promotion and portfolio in advance
Contact Us: [email protected] Phone No: + 1-706-996-2486 US Address: 225 Peachtree Street NE, Suite 400, Atlanta, GA 30303
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"AEA Salicylic Acid: The Future of Skincare or Just a Costly Alternative?"
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This report elaborates the market size, market characteristics, and market growth of the Vapor Chamber industry, and breaks down according to the type, application, and consumption area of Vapor Chamber. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Vapor Chamber. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2022–2029.
Sample pages of Report: https://www.infiniumglobalresearch.com/form/1008?name=Sample
Vapor Chamber Market size is projected to reach Multimillion USD by 2029, In comparison to 2022, at unexpected CAGR during 2022–2029.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Vapor Chamber in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The report focuses on the Vapor Chamber market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides detailed cost analysis, supply chain.
Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Consumer behavior analysis and market dynamics (drivers, restraints, opportunities) provides crucial information for knowing the Vapor Chamber market.
Vapor Chamber Market Competitive Analysis
The Vapor Chamber Market is Highly competitive, with major players including Jones Tech, Jentech, CCI, Delta Electronics, AVC, Taisol, Wakefield Vette, Forcecon Tech, Aavid, Fujikura, Auras, Celsia, Tanyuan Technology, Specialcoolest Technology. These companies utilize Vapor Chamber to support the growing demand.
In terms of Product Type, the Vapor Chamber market is segmented into:
Types of Vapor Chamber include .
Factors that Driving the growth of the Vapor Chamber Market are .
Report Overview : https://www.infiniumglobalresearch.com/market-reports/global-aea-salicylic-acid-market
Vapor Chamber Industry Growth Analysis, by Geography
The Vapor Chamber market is expected to witness substantial growth in several regions, including North America (NA), Asia Pacific (APAC), Europe, the United States (USA), and China.
It is difficult to provide specific market share percent valuations as they can vary depending on the specific factors and fluctuations in the industry. Nonetheless, these regions are expected to hold a substantial market share in the Vapor Chamber market in the coming years.
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creativeera · 2 months
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Probiotics Food And Cosmetics Market Is On The Trend Of Growing Health And Wellness Awareness
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Probiotics are live microorganisms that when administered in adequate amounts confer a health benefit to the host. They are commonly found in yogurts, kefir, kimchi, kombucha, and other fermented foods, as well as topical cosmetic products. Probiotics are believed to help support digestive health and immunity when consumed orally and provide anti-aging and moisturizing benefits when used topically in cosmetics. The key benefits of probiotics are maintenance of gut microbiota balance, vitamin synthesis, anti-bacterial and anti-fungal activities, and boosting the immune system. Probiotic containing foods and products are gaining traction globally owing to rising awareness about overall health and wellness.
Global probiotics food and cosmetics market is estimated to be valued at USD 72.29 Bn in 2024 and is expected to reach USD 127.97 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Key Takeaways Key players operating in the probiotics food and cosmetics market are Biomilk Skincare, Gallinée Microbiome Skincare, Probi AB, LaFlore Probiotic Skincare, TULA Skincare, Nestlé, Archer Daniels Midland Company, Danone, DuPont, Yakult Honsha, General Mills, Kerry, BioGaia, Morinaga Milk Industry Co., Ltd., Glowbiotics LLC, Eminence Organic Skin Care, Esse Skin Care, L'Oréal, Estée Lauder. Consumers are increasingly becoming health conscious and preferring food and personal care products that provide additional health benefits. Probiotics are believed to enhance digestive health, immunity, and skin conditions which is fueling the demand. Probiotic product manufacturers are focusing on global expansion through partnerships, collaborations, and acquisitions to penetrate developing markets and strengthen their presence. Advancements in research is also helping develop new strains, delivery formats and applications in the Probiotics Food And Cosmetics Market Forecast. Market Key Trends The key trends in the probiotics food and cosmetics market include growing demand for natural and organic products, development of multi-strain probiotic formulations, and innovative delivery formats such as gummies, powders, capsules. Manufacturers are investing in R&D to develop new probiotic strains tailored for specific health applications along with formulations combining probiotics with prebiotics and postbiotics. Novel product categories such as probiotic personal care and baby food are also emerging. Advancements in microbiome science is further validating the health benefits of probiotics driving increased adoption.
Porter’s Analysis Threat of new entrants: Low as significant investment and production costs are required.
Bargaining power of buyers: High as the market has many established brands and products.
Bargaining power of suppliers: Moderate as raw materials are available from many suppliers globally.
Threat of new substitutes: Moderate as new alternatives can emerge but will take time to get established.
Competitive rivalry: High as major players compete intensely on innovation, quality and promotion. Geographical Regions North America holds the largest share of the probiotics food and cosmetics market due to growing health consciousness and gut health focus. The U.S. accounts for the majority share due to established brands and affordability. Asia Pacific region is projected to grow at the fastest pace during the forecast period due to rising disposable incomes, growing awareness about preventive healthcare and western influences regarding probiotic consumption in countries like India, China and Japan.
Get more insights on Probiotics Food And Cosmetics Market
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
(LinkedIn: www.linkedin.com/in/alice-mutum-3b247b137 )
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foodandbeverages · 24 days
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Marine Collagen Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2034
The marine collagen market is anticipated to surpass US$ 859 million in 2024 and is likely to attain a valuation of US$ 1,074.00 million by 2034. The marine collagen size is projected to expand at a CAGR of 7.10% from 2024 to 2034.
Key Coverage in the Marine Collagen Market Report
Adjacent Study of the Fish Collagen Market, Marine Collagen Powder Market, Collagen Market, Fish Collagen Peptides Market, and the Marine Hydrolyzed Collagen Market.
Demand Analysis of Collagen Derived from Fish Industry Waste
Revenue Analysis of China Marine Collagen Market
Consumption Analysis of Russia Marine Collagen Market
Demand for marine collagen-based nutricosmetics is being driven by the confluence of health and beauty trends. The supposed advantages for skin elasticity, hydration, and anti-aging properties are driving sales of marine collagen and several nutricosmetic products.
Functional foods and drinks that provide health advantages beyond a basic diet are becoming increasingly popular among consumers. Various functional food and beverage items, including protein bars, snacks, and beverages with collagen infusions, are being made with marine collagen. Customers searching for easy solutions to boost their general health and well-being will find these goods appealing.
Companies can target niche markets with bespoke goods catered to particular demographics or health problems, given the adaptability of marine collagen. For instance, there’s a rising need for marine collagen supplements that address menopausal support, postpartum recovery, perinatal health, and improving athletic performance. Businesses in the competitive collagen industry may establish a distinctive stance and set themselves apart from rivals by recognizing and capitalizing on these specialized niches.
Information Source: https://www.futuremarketinsights.com/reports/marine-collagen-market
“Innovation, environmental sustainability, and legal compliance are critical for success in the marine collagen market. Prioritizing technology, environmentally conscious operations, and regulatory compliance are essential for businesses to remain competitive in this quickly changing industry,” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).
Key Takeaways from the Marine Collagen Market Report
The global marine collagen market size expanded at a 6.00% CAGR from 2019 to 2023.
The fish segment holds 70.3% of the market in 2024.
The bones & tendons segment captured 55.6% of the market in 2024.
The market in the United States is projected to rise at a 4.2% CAGR through 2034.
The market in Germany is anticipated to develop at a 5.1% CAGR through 2034.
The market in Japan is estimated to surge at a 6.4% CAGR through 2034.
The market in Australia is expected to increase at a 6.9% CAGR through 2034.
Competitive Landscape
The marine collagen market is characterized by fierce competition among companies for product innovation, brand recognition, price tactics, and distribution networks. Established companies with a significant market presence use their reputation to build consumer trust and loyalty. Pricing strategies are critical for maintaining both competitiveness and profitability. Effective distribution networks, which include partnerships and eCommerce, increase market reach. Regulatory compliance guarantees product safety and quality, distinguishing reputable providers in a competitive market.
Recent Developments
In July 2023, CHOSEN® by Dermatology, a prominent skincare brand in India, debuted the TOR™ Mighty Marine Collagen in a natural Pomegranate taste. TOR™ Mighty Marine Collagen contains Peptan® Marine, a premium wild-caught fish collagen provided specifically to India by CHOSEN®.
In June 2023, Z Natural Foods, a leading producer of natural powders, debuted with hydrolyzed marine collagen peptides.
Market Segmentation
By Source:
Skin
Muscles
Scales
Bones & Tendons
By Animal Type:
Fish
Marine Organisms
By Application:
Cosmetic
Healthcare
Medical
Nutraceuticals
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
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businessindustry · 2 months
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Luxury Makeup Market Total Revenues, Product Scope, Business Development | 2024 -2032
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The Reports and Insights, a leading market research company, has recently releases report titled “Luxury Makeup Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Luxury Makeup Market, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Luxury Makeup Market?
The global luxury makeup market size reached US$ 48.4 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 77.0 billion in 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
What are Luxury Makeup?
Luxury makeup comprises top-tier cosmetic items linked with prestigious brands and premium prices. Renowned for their exceptional quality, elegant packaging, and innovative formulations, these products encompass a variety of items like foundation, lipstick, eyeshadow, and mascara. Admired for their luxurious textures, enduring wear, and often distinctive and fashionable shades, luxury makeup appeals to consumers valuing exclusivity, excellence, and the overall indulgence of using high-end beauty products.
Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1920
What are the growth prospects and trends in the Luxury Makeup industry?
The luxury makeup market growth is driven by various factors and trends. The market for luxury makeup is experiencing significant growth, fueled by rising demand for high-quality cosmetics and a preference for prestigious brands. This sector of the cosmetics industry offers premium products known for their superior quality, innovative formulations, and stylish packaging. It caters to consumers who appreciate exclusivity and are willing to invest in products that enhance their beauty and skincare regimens. With a focus on luxury, sophistication, and indulgence, the luxury makeup market is poised for continued expansion as consumers seek premium beauty experiences. Hence, all these factors contribute to luxury makeup market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
Organic
Convectional Products
By End User:
Male
Female
By Distribution Channel:
Hypermarkets
Online Channels
Specialty Stores
Monobrand Stores
E-commerce
Others
Market Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
The Estée Lauder Companies Inc.
Shiseido Company, Limited
Coty Inc.
Chanel International B.V.
LVMH Moët Hennessy Louis Vuitton SE
Christian Dior SE
Kering S.A.
The Procter & Gamble Company
Revlon, Inc.
Giorgio Armani S.p.A.
Gucci Group NV
Lancôme Parfums et Beauté & Cie S.A.S.
Yves Saint Laurent SAS
Bobbi Brown Professional Cosmetics, Inc.
View Full Report: https://www.reportsandinsights.com/report/Luxury Makeup-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
Reports and Insights Business Research Pvt. Ltd. 1820 Avenue M, Brooklyn, NY, 11230, United States Contact No: +1-(347)-748-1518 Email: [email protected] Website: https://www.reportsandinsights.com/ Follow us on LinkedIn: https://www.linkedin.com/company/report-and-insights/ Follow us on twitter: https://twitter.com/ReportsandInsi1
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heathcareforallworld · 2 months
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Hand Body Lotion Market Overview: Trends, Size, Share, and Future Projections
Introduction
The hand and body lotion market is a dynamic sector within the personal care industry, characterized by continuous innovation and evolving consumer preferences. This market encompasses a wide range of products designed to moisturize, protect, and nourish the skin. As consumers become more conscious of their skincare routines and the ingredients in their products, the demand for high-quality hand and body lotions has surged. This article delves into the current market size, share, industry trends, and forecasts for the hand and body lotion market, providing a comprehensive overview of its trajectory.
Market Size and Share
Hand body lotion Market Size was estimated at 97.31 (USD Billion) in 2023. The Hand Body Lotion Market Industry is expected to grow from 100.57(USD Billion) in 2024 to 130.96 (USD Billion) by 2032. The hand body lotion Market CAGR (growth rate) is expected to be around 3.35% during the forecast period (2024 - 2032). This dominance can be attributed to the high disposable incomes and advanced retail infrastructures in these regions. However, the Asia-Pacific region is expected to witness the fastest growth, driven by increasing urbanization, rising disposable incomes, and a growing awareness of skincare benefits.
Key Market Segments
The hand and body lotion market can be segmented based on product type, distribution channel, and region.
By Product Type:
Moisturizing Lotions: These are the most popular products, designed to hydrate and soften the skin. They often contain ingredients like glycerin, hyaluronic acid, and natural oils.
Anti-Aging Lotions: Targeted at reducing the signs of aging, these lotions contain ingredients such as retinol, peptides, and antioxidants.
Healing Lotions: Formulated to repair and soothe damaged skin, these products often include ingredients like aloe vera, shea butter, and ceramides.
Organic/Natural Lotions: With a growing consumer preference for natural products, these lotions are made from organic ingredients and are free from synthetic chemicals.
By Distribution Channel:
Online Retail: E-commerce platforms are gaining significant traction due to the convenience and variety they offer. Major players like Amazon, Sephora, and Ulta Beauty are prominent in this segment.
Offline Retail: This includes supermarkets, hypermarkets, specialty stores, and pharmacies. Despite the rise of online shopping, offline retail remains crucial, especially for consumers who prefer to test products before purchasing.
By Region:
North America: The largest market, driven by high consumer awareness and spending power.
Europe: A mature market with a strong preference for premium and organic products.
Asia-Pacific: The fastest-growing region, with countries like China and India leading the charge.
Latin America: A growing market with increasing demand for skincare products.
Middle East & Africa: Emerging markets with significant potential for growth.
Industry Trends
Rising Demand for Organic and Natural Products: Consumers are increasingly seeking products that are free from synthetic chemicals and are made from natural ingredients. This trend is driven by growing awareness of the potential health risks associated with synthetic additives and a desire for sustainable and eco-friendly products.
Technological Advancements: Innovations in formulation technologies are leading to the development of more effective and targeted skincare solutions. Ingredients like hyaluronic acid, peptides, and ceramides are being incorporated into lotions to enhance their efficacy.
Customization and Personalization: The trend towards personalized skincare is gaining momentum. Brands are offering customized solutions based on individual skin types, concerns, and preferences. This approach enhances customer satisfaction and loyalty.
Growing Male Grooming Segment: The male grooming market is expanding rapidly, with men becoming more conscious of skincare. This trend is driving demand for hand and body lotions specifically formulated for men.
Sustainable Packaging: Environmental concerns are influencing packaging choices. Brands are adopting eco-friendly packaging materials and reducing plastic usage to appeal to environmentally conscious consumers.
Celebrity and Influencer Endorsements: Endorsements by celebrities and social media influencers play a significant role in shaping consumer preferences. These endorsements help in building brand credibility and attracting a larger audience.
Market Forecast
The hand and body lotion market is assured of significant growth over the next few years. Several factors are expected to drive this growth:
Increasing Disposable Incomes: Rising disposable incomes, especially in developing regions, will enable more consumers to spend on premium skincare products.
Urbanization: Rapid urbanization in countries like India and China will lead to increased awareness and demand for skincare products.
Aging Population: The global aging population will drive demand for anti-aging and healing lotions.
Technological Innovations: Continued advancements in skincare formulations will result in more effective products, boosting consumer demand.
Expansion of E-Commerce: The growth of online retail platforms will make it easier for consumers to access a wide range of products, further driving market growth.
Challenges
Despite the positive outlook, the hand and body lotion market faces several challenges:
Stringent Regulations: The skincare industry is subject to stringent regulations regarding product safety and labeling. Compliance with these regulations can be complex and costly.
Intense Competition: The market is highly competitive, with numerous established players and new entrants vying for market share. This competition can lead to price wars and reduced profit margins.
Supply Chain Disruptions: Global supply chain disruptions, such as those caused by the COVID-19 pandemic, can impact the availability of raw materials and finished products.
Conclusion
The hand and body lotion market is set for robust growth, driven by rising consumer awareness, increasing disposable incomes, and technological advancements. While challenges such as regulatory compliance and intense competition exist, the market's future looks promising. Companies that can innovate and adapt to changing consumer preferences will be well-positioned to succeed in this dynamic industry. As the market continues to evolve, staying attuned to emerging trends and consumer demands will be crucial for sustained growth and success.
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Beauty and Personal Care Market: Global Trends & Strategic Outlook
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The desire to look attractive & youthful and enhance one’s physical appearance has elevated the use of beauty and personal care products worldwide. This is further supported by various social, cultural, and economic changes across geographies.
Based on our study, the global beauty and personal care market , which was valued at $508.83 billion in 2021, is expected to generate $701.11 billion by 2028 and is likely to advance with a CAGR of 3.20% during the forecast period, 2022 to 2028.
A number of factors, including rapid urbanization, greater awareness, and increased disposable incomes, are attributable to this growth. Besides, the evolving beauty standards and shifting trends also play an integral role in shaping the market’s outlook.
What’s Trending in this Billion-Dollar Market?
·         Widening Product Range for Personalized Solutions
Beauty and personal care is not restricted only to skin care, but also extends to hair care, oral care, fragrances, and other categories. Among all, sun care is anticipated to exhibit the fastest growth at a 3.55% CAGR in the type segment.
Further, fragrances are no longer perceived as a luxury, and are witnessing increased demand. With strong performance in this category, Natura & Co continues to remain the market leader in Brazil.
Also, the development of hybrid products that reduce time & effort and cater to multiple needs is steering innovation in the hair care category. For instance, the Keratin Perfect 3-in-1 Multi-Action Hair Beauty Balm by Keratin Complex works as a cream, serum, and oil together.
·         Rising Influence of Domestic Trends
The Korean wave has swept the global market, with a fresh take on beauty and personal care. Sheet face masks are a popular offering of K-beauty. Globalization and renewed interest in travel & culture have helped drive such influential trends.
Consequently, unique skincare trends from other countries, such as J-beauty (Japan), C-beauty (China), and A-beauty (Australia), have also captured consumers’ attention in recent years. The popularity of these domestic markets has positioned the Asia-Pacific beauty and personal care market on a growth trajectory, which is evident from its largest revenue share of $197.50 billion in 2021.
·         The Clean Beauty Revolution
The rising focus on health and inclination towards natural ingredients & formulations are driving the demand for natural and clean beauty. With the growing popularity of veganism in the United Kingdom, the demand for plant-based and cruelty-free beauty products has also grown.
Thus, a significant number of product developments are evolving around these trends. In line with this trend, Henkel reformulated its Schauma hair care products to make them suitable for vegans, in February 2019.
Further, complying with the overall push towards sustainability and green practices, some companies have already replaced petroleum-based plastics with corn-derived polylactic acid (PLA) for packaging their products.
·         The E-Commerce Boom has taken the Market by Storm
The E-commerce Sales Channel is expected to witness the fastest growth at a 4.48% CAGR in the forecast period. It has become a crucial part of the cosmetics and personal care space with increased penetration of the internet and technology among various age groups across numerous countries.
Ease of delivery, wider range of options, and competitive pricing are some reasons that have made online shopping an attractive alternative. In March 2021, L’Oréal announced investment in US-based social selling platform Replika Software Inc, as part of its acceleration strategy in e-commerce.
Strategic Outlook for a Bright Future:
Given the competitive environment in this space, innovation remains a key strategy for companies to differentiate themselves from industry rivals. Limited edition launches, mini variants, and niche targeting would help manufacturers increase market penetration.
There is growing demand for Halal cosmetics and other products, especially from the Muslim population. Besides, several men are increasingly opting for products targeted specifically at their needs. Various companies, especially in the anti-aging market, are already tending to these growing and potentially vast consumer bases, and aspiring players can take note.
Leveraging the reach of social media celebrities in influencing consumers’ purchasing decisions is another dependable strategy for brands. Also, technological integration will additionally boost prospects. In June 2021, Estée Lauder launched a number of new AR and AI-equipped features on its official website and app, to offer its customers a ‘try-before-you-buy’ virtual makeup experience.
Despite COVID-19, the studied market showed resilience, given the immense and continued demand. And embracing inclusivity and riding the digital wave will help the beauty and personal care market scale new heights.
FAQs:
Q 1) Which are the main segments covered in the beauty and personal care market?
The main market segments include Type and Sales Channel.
Q 2) Which region is expected to grow the fastest in the global beauty and personal care market?
The Middle East and Africa is expected to witness the fastest growth rate at a CAGR of 3.52% during the forecast period.
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