Organic Personal Care Products Market Development Trends Global Forecast To 2024

Organic products are gaining traction of the personal care industry. Market Research Future (MRFR) projects in its recent study that the global organic personal care products market is anticipated to grow steadily over the review period 2017 to 2022. The changing lifestyle of the people, especially in the urban areas, coupled with increasing purchasing power, is expected to favor the expansion of the market in the forthcoming years.

Product safety is the primary driver of the global organic personal care products market. The rising awareness about preservatives and other harmful chemicals used in the personal care products has led to a shift in demand towards organic ingredients. The organic products are priced higher than the traditional ones, but the demand is expected to exhibit a steep rise owing to consumer awareness about the benefits of eco-friendly products. Also, the environmental concerns are projected to support the growth pattern of the organic personal care products market over the next couple of years.

The emphasis is on the development of innovative product lines. Thus, it is poised to offer a wide range of choices to the customers to choose from in the years to come. Availability of different products is expected to boost competition in the organic personal care products market and, thus, accelerate revenue growth. Also, the influx of investments in research & development is prognosticated to drive the expansion of the market in the foreseeable future.

Organic Personal Care Products Market Segmentation:

By type, the global organic personal care products market has been segmented into skin care, hair care, oral care, eye care, cosmetics, and others.

By source, the organic personal care products market has been segmented into oilseeds, fruits extracts, vegetable extracts, essential oils, tea & coffee extracts, edible nut extracts, cocoa extracts, and others.

By distribution channel, the global organic personal care products market has been segmented into supermarkets, pharmacy & drug stores, department stores, direct selling, specialty stores, beauty salons, e-commerce, and others.

By target group, the organic personal care products market has been segmented into infant, teenage, adult, and elderly.

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Organic Personal Care Products Market Competitive Dashboard:

The noted players profiled in this MRFR report are Alticor Inc. (U.S.), Kao Corp. (Japan), Avon Products Inc. (U.S.), L'oréal Group (France), Procter & Gamble Co. (U.S.), Mary Kay Inc. (U.S.), Revlon Inc. (U.K.), Oriflame Cosmetics S.A. (Switzerland), Shiseido Co. Ltd. (Japan), and The Estée Lauder Companies Inc. (U.S.).

Organic Personal Care Products Market Regional Analysis:

By region, the global organic personal care products market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific signifies strong developmental opportunities. The exponentially growing population, coupled with rising per capita income, is projected to drive the proliferation of the organic personal care products market of the region over the assessment period. Also, the favorable regulatory laws of the region are anticipated to attract investments from global leaders, thus, supporting market expansion. North America and Europe are projected to exhibit moderate growth in the upcoming years. Increasing awareness about preservatives such as parabens is likely to catalyze the growth of the regional organic personal care products markets.

Hair Care Products Market Statistics, Key Players Analysis, Forecast To 2024

Global Hair Care Products Market Research Report: Information by Type (Shampoo, Conditioner, Hair Oil and others), Distribution Channel (Store-Based and Non-Store-Based), Region (North America, Europe, Asia-Pacific and Rest of the World) Industry Forecast till 2024

The Global Hair Care Products Market is set to attain the highest valuation with a record-breaking CAGR during the forecast period, 2019-2024.

Haircare products are used to maintain hygiene and treat hair problems. The primary function of hair care products is to remove dirt, dandruff, and oil from hair and scalp, treat damaged hair and maintain moisture levels. Generally, hair care products are made by combining a surfactant such as sodium lauryl sulfate or sodium laureth sulfate with a co-surfactant such as Cocamidopropyl betaine in water. Specialized hair care products are also available on the market for various hair problems such as dandruff, colored hair, thinning hair, split ends, dry, and damaged hair.

Key players focusing on innovation and increased investment is likely to make the market more lucrative.

The global hair care market is classified into distribution channels and type.

Based on type, the global haircare market is divided into shampoos, conditioners, hair oils, and more. The shampoo segment is expected to control most of the market and record the highest compound annual growth rate over the reporting period.

The global haircare market is divided into store-based and non-stores-based based on distribution channels. The store-based segment is further segmented into supermarkets and hypermarkets, convenience stores, and others. The store segment is expected to represent the largest market share. However, the non-store segment is expected to show a high growth rate during the forecast period.

In the Asia Pacific, the country has the largest market share and is expected to maintain its position over the forecast period. It is set to become the largest haircare market in the next five to ten years. The use of high-quality hair care products is especially common in megacities, with increasing penetration in China’s domestic cities. This trend is anticipated to boost the consumption ration of consumer products. Increased Internet penetration and e-commerce companies to attract consumers have significantly uplifted the e-commerce sales in the Asia Pacific region, while physical retail network sales continue to dominate the market.

The US market is expected to see the highest growth rate during the forecast period, due to high per capita disposable income and rising consumer spending on innovative new hair products in the region.

The Asia Pacific region is expected to dominate the global haircare market over the forecast period due to growing hair concerns and increasing demand for innovative products. This allows brands to launch products based on consumer needs.

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Major players in the market focus on product innovation, offering consumers more innovative products to solve various hair problems, therefore, stimulating the global haircare market. These leading players include Unilever PLC, Johnson & Johnson Services, Henkel AG & Company, KGaA, The Procter & Gamble Company, Vogue International LLC, Church & Dwight Co., Inc., Shiseido Company Kimberly-Clark Corporation, Kao Corporation, Beiersdorf AG, VLCC Healthcare Limited, Limited, L’Oréal S.A., Natura International B.V., BBLUNT, and Forest Essentials.

Sports Equipment Market Competitive Landscape, Demand Analysis, Size, Share, Forecast – 2024

Global Sports Equipment Market is expected to exhibit a steady 3.2% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Market Research Future (MRFR). The global sports equipment market is studied in detail in the report, which provides readers a clear view into the historical growth trajectory of the market as well as studied forecasts regarding the probable future growth trajectory of the market. The major players in the market are also studied in the report, in addition to the major drivers and restraints affecting the market growth.

The global sports equipment market is mainly driven by the increasing interest in active lifestyles among consumers. Many consumers around the world are picking up sports to stay healthy and fit, leading to a growing demand from the sports equipment market. Sports that require minimal equipment, such as football, tennis, and badminton are becoming increasingly popular in several parts of the world. This is a major driver for the sports equipment market.

The increasing development of better sports equipment is likely to be a major driver for the global sports equipment market over the forecast period. While sports implements have traditionally been made by hand, the advent of machines and industrial manufacturing has served to elevate the quality of the products produced in the global market. Increasing research into the materials used to produce sports equipment has also resulted in the development of hybrid materials and manufacturing techniques that allow to produce stronger, more capable sports equipment. This has been a major driver for the sports equipment market over the historical review period. On the other hand, the increasing presence of counterfeiters in the sports equipment market is likely to be a key market restraint in the coming years. High-volume markets such as Asia Pacific are a promising environment for counterfeiters, as government regulation is lax and consumer awareness is also not as high as in North America or Europe.

Competitive Analysis:

Leading players in the global sports equipment market include Kering S.A., Nike Inc., ANTA Sports Products Limited, Adidas AG, Quicksilver Inc., Callaway Golf Company, Sports Direct International plc, BPS Direct LLC, Shenzhen Taishan Sports Technology Co. Ltd., Globeride Inc., Mizuno Corporation, Yonex Co. Ltd., Black Diamond Equipment Ltd., New Balance Athletics Inc., and Daei Sportswear and Equipment.

• In September 2019, Barstool Sports implemented Yamaha’s UC conferencing equipment as part of a partnership between the two companies.

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Segmentation:

The global sports equipment market is segmented based on type, distribution channel, and region.

By type, the sports equipment market is segmented into balls, sticks, bats and clubs, nets and goalposts, sports gear, and others. The balls segment is the leading revenue generator in the global sports equipment market and is likely to remain the leading segment in the coming years due to the integral role of balls in any sport.

By distribution channel, the global sports equipment market is segmented into store-based and non-store based. The traditional store-based distribution dominates the global sports equipment market at present. However, the non-store-based segment is growing quickly and is expected to exhibit a higher growth rate over the forecast period from 2019 to 2024. The increasing availability of better customer care and the option to return and replace items in online shopping portals is likely to be the major driver for the non-store-based segment over the forecast period.

Almond Oil Market Competitive Landscape, Top Key Players Updates, Forecast To 2024

Almond oil is extracted from kernels of Prunus Dulcis tree by cold as well as hot press processes. Almond oil contains various vitamins including vitamin E, vitamin A, and vitamin B, and minerals; proteins and omega fatty acids make this oil an all-purpose carrier and essential oil. The demand of pure almond oil is on the rise around the world due to its health benefits and high nutritional value. Thus, these factors are expected to boost market growth during the review period.

Global almond oil market is expected to register a growth rate of 6.0% during the forecast period of 2019 to 2024 to reach USD 1.2 Billion by 2024.

The global almond oil market has been segmented, as per the global almond oil market analysis, based on type, process, and application.

Based on product type, the global almond oil market has been segmented into sweet and bitter. The sweet segment is expected to account for the larger share, and it is also projected to be growing faster than the bitter segment during the review period This oil extracted from sweet almonds is obtained from the tree called Prunus Dulcis, var. Amygdalus.  Sweet almond oil is nutritious and edible as compared to bitter almond oil. In addition, sweet almond oil is used as a carrier or base oil that is obtained from the fatty portion of the almond plant with white flowers. Sweet almond oil does not evaporate or disseminate its aroma as strongly as essential oil does and is also used to dilute essential oils. Bitter almond oil is used as an essential oil in less quantity, as it is highly potent. Bitter almond oil can evaporate and contains a concentrated aroma. Moreover, it contains glycoside amygdalin, which emits extremely toxic chemicals like prussic acid and benzaldehyde. This, in turn, makes bitter almond oil not suitable for consumption as well as direct application on the skin.

The global almond oil market has been bifurcated, by process, into cold press and hot press. The cold press segment is expected to account for the larger market share as this process does not need any pre-conditioning of the almonds and the almonds are pressed directly at room temperature. This, in turn, lowers the oil temperature as well as acid value. Additionally, due to low temperature, the cold pressed almond oil does not have any adverse effect on the human body as compared to traditional high-temperature oil. Also, this helps in maintaining all the nutritional content of the oil and retain the physiologically active substance, the original taste, and flavor. Thus, the same segment is projected to register the higher CAGR during the forecast period due to the rising inclination of consumers for cold pressed almond oil.

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The global almond oil market has been segregated, by application, into food & beverages, cosmetics and personal care, and others. The cosmetics and personal care segment is projected to gain the largest share in the global almond oil market due to the major applications of almond oil in various skincare, makeup, and personal care products. The moisturizing, antioxidant, antibacterial, astringent, antidepressant, and anti-inflammatory properties of almond oil categorize it as an essential ingredient in different cosmetics and personal care products. However, the food & beverage segment is expected to register the highest growth rate during the forecast period owing to the significant growth of food & beverage industry and increased inclination towards the usage of natural or plant-based ingredients.

Key Players

Some of the key players, associated with the global almond oil industry, in the global almond oil market are Jiangxi Baicao Pharmaceutical Co., Ltd (China), Eden Botanicals (US), Caloy, Inc. (US), Henry Lamotte Oils GmbH (Germany), Proteco Oils (Australia), Florapower GmbH & Co. KG (Germany), Ashwin Fine Chemicals & Pharmaceuticals (India), Liberty Vegetable Oil Company (US),  California Nut Oil Milling Company (US), Aos Product Pvt. Ltd. (India), Parchem Fine and Specialty Chemicals, Inc. (US), Sydney Essential Oil Co. (Australia), Gustav Heess Oleochemische Erzeugnisse GmbH (Germany), ConnOils LLC (US), and Bo International (India).

Footwear Market Analysis, Size, Share, Future Trends 2024

The global footwear market size is estimated to reach USD 223.2 Billion by the end of 2024 and record a CAGR of 5.7% .period.also, consumers are also concerned about using appropriate shoes while participating in different sports activities to prevent injuries and improve their performance .Apart from that, the rising number of working professionals in the developing economies is expected to further propel the demand for formal shoes.which in turn is expected to accelerate the growth of the global footwear market at a high pace.

Global  footwear market  registered a substantial growth in terms of product innovations and technological advancements.

The global footwear market has been segmented based on product type, category, end user, distribution channel, and region.

Based on product type, the global footwear market has been segmented into formal footwear, casual footwear, and sports footwear.The casual footwear segment accounted for the major market share in 2018 and it is expected to retain its dominance during the forecast period.The demand for casual footwear has increased owing to its usage on a regular basis by the consumers.

The market for global footwear has been bifurcated, based on category, into open footwear and closed footwear.The closed footwear segment is expected to account for the maximum market proportion of the global footwear market and is projected to register the higher growth rate during the forecast period.The open footwear segment is projected to exhibit moderate growth during the forecast period.

Based on end user, the global footwear market has been bifurcated into men and women.The women segment is estimated to account for the larger market share of the global footwear market.Several varieties of footwear are available for women in the market and this is the major factor for the growth of the women footwear segment during the forecast period.

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Based on distribution channel, the global footwear market has been segmented into store-based and non-store-based channels.The store-based distribution channel is estimated to account for a significant market share both in developed and developing economies.The store-based segment has been further segmented into supermarkets and hypermarkets, specialty stores, and others.The specialty stores sub-segment is projected to witness high growth as compared to the other sub-segments.Major manufacturers of footwear are emphasizing the need to set up separate stores which cater to only the footwear products.Moreover, premium shoes are widely available in the specialty stores of key manufacturers which is expected to increase the demand for specialty stores.the non-store-based segment is projected to expand at a high pace in the years to come due to the rise of e-commerce giants.

Key Players

Some of the key players in the global footwear market are Nike Corporation (US), Adidas AG (Germany), VF Corporation (US), Crocs Retail, Inc. (US), ECCO Sko A / S (Denmark), Wolverine World Wide , Inc. (US), Under Armor Inc. (US), New Balance Athletics, Inc. (US), Asics Corporation (Japan), Deichmann SE (Germany), AeroGroup (Canada), Kering SA (Japan), Geox SpA (Italy), Skechers USA, Incorporation (US), and The Columbia Sportswear Company (US).