Market Overview

According to Fortune Business Insights Global   Preserved Flowers Market   size was valued at USD 180.03 million in 2023. The market is projected to grow from USD 187.52 million in 2024 to USD 272.17 million by 2032, exhibiting a CAGR of 4.77% during the forecast period.

Preserved flowers are natural blooms that undergo a specialized preservation process to maintain their fresh appearance for several months or even years. This process typically uses non-corrosive, non-toxic, non-explosive, non-carcinogenic, and non-chemically reactive substances, ensuring safety and sustainability. The technique retains the flowers’ beauty, softness, and delicate look over an extended period. Available in various sizes, types, and colors, preserved flowers are increasingly popular for weddings, premium interior décor, fashion accessories, and novelty items. Their long-lasting charm, combined with eco-friendly and sustainable benefits, is driving demand, with rising consumer awareness of environmentally conscious products further boosting market growth.

List of Key Players Profiled in the Report

• Innovaflora (Colombia)
• Ohchi Nursery Ltd. (Japan)
• Emihana (RoseAmor) (Ecuador)
• LYO FLORALS (India)
• Vermont Flowers (EPZ) Ltd. (Kenya)
• Beijing Sweetie-Gifts (China)
• Florever.Co., Ltd. (Japan)
• SecondFlor (France)
• Magic Flower Company (U.K.)
• C’lovercraft Workshop (China) 

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Segments

Preserved Roses Hold Dominance Owing to Their Surging Preference for Several Events

By flower type, the market is classified into rose, orchid, lavender, carnation, and others. The rose segment accounts for the highest preserved flowers market share, driven by a surging preference for preserved roses for weddings, birthdays, gifts, home decoration, and fashion accessories to add charisma. The easy accessibility of preserved roses in different colors, including red, pink, blue, and orange, which offer a special fragrance and a superior appearance to homes and offices, propels segment expansion.

Growing Focus on Keeping a Pleasant Atmosphere in Living Space to Boost Home Décor Segment Expansion

On the basis of application, the market is categorized into gifts, home décor, wedding decoration, and others. The home décor segment is expected to command the market in the coming years, attributed to increased consumer consciousness regarding home hygiene products and a growing focus on creating a pleasant atmosphere in the home.  The strong presence of superior home products created with eco-friendly ingredients and showcasing pleasing fragrances drives segment expansion.

With Wide Accessibility of Flowers, Retail Outlets/Offline Segment Commands Leadership

In terms of distribution channel, the market is segregated into retail outlets/offline and e-commerce/online. The retail outlets/offline segment registers the top position in the market, fueled by a rise in convenience stores and specialty stores across the globe. Offline stores offer an extensive range of flowers and tailored consumer experiences, bolstering segment growth.

From the regional ground, the market is classified into Europe, the Middle East & Africa, South America, North America, and Asia Pacific.

Report Coverage

The market research report presents a comprehensive market study, emphasizing important elements, such as the competitive environment and prominent product categories. Moreover, the report offers crucial insights on market trends and noteworthy industry developments. In addition to the factors above, the report contains numerous aspects that have nurtured market expansion in recent times.

Drivers and Restraints

Surging Consumer Awareness Of Home Decoration and Gifting to Augment Market Growth

Increased demand for preserved flowers is attributed to a rise in consciousness about natural and eco-friendly home décor products, including scented candles, and the growing accessibility of pleasant and visually attractive products online and offline. Rapid urbanization and a rise in disposable income, home sales, working population, and increasing consciousness about personal & home hygiene globally are also boosting product sales. An increase in consumer spending on gifting flowers during festival seasons, including Christmas and Halloween propels preserved flowers market growth.

On the other hand, the presence of substitutes and substantial production costs are impeding market growth.

Regional Insights

Rising Trend of Home and Commercial Space Decoration Propelled Market Growth in North America

North America takes center stage in the global market, spurred by rising demand for preserved flowers for home and commercial space decoration to improve aesthetic appeal. Moreover, growing product adoption for making floral preparations and decorating wall art in the U.S. and Canada also fosters market expansion.

The market in Europe is set to rise at a significant CAGR over the projected period, owing to increased usage of preserved flowers for gifting purposes at festivals, parties, and birthdays. A rise in preserved flower preparations for birthdays, weddings, anniversaries, and housewarmings in Germany, the U.K., and France propels market growth in the region.

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Competitive Landscape

Key Companies Make Strategic Partnerships with Academic and Research Institutes to Strengthen their Market Presence

Innovaflora, Ohchi Nursery Ltd, Emihana (RoseAmor's), LYO FLORALS, and Vermont Flowers (EPZ) Ltd. have reigned supreme in the global market. Notable players emphasize technological advancements and partnerships to achieve strong positions. They concentrate on promotion and marketing tactics to generate strong brand awareness.

Key   Industry Development

• November 2024 : SecondFlor, one of the key producers of preserved flowers, declared its business growth in the U.S. by introducing its platform for buying the product. The business growth is set to improve its customer base and boost product sales.

Market Overview:

According to Fortune Business Insights Global  Footwear Market  size was valued at USD 463.87 billion in 2024 and is expected to be worth USD 495.46 billion in 2025. The market is projected to reach USD 789.52 billion by 2032, recording a CAGR of 6.88% during the forecast period.

The global footwear market encompasses a broad array of products, including shoes, boots, sandals, and slippers, available in various designs, colors, and materials to meet diverse consumer preferences. Its growth is driven by rising disposable incomes, growing demand for premium and high-quality footwear, rapid urbanization, and evolving consumer lifestyles.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Nike, Inc. (U.S.)
• Adidas AG (Germany)
• Skechers (U.S.)
• Puma SE (Germany)
• Under Armour (U.S.)
• Crocs, Inc. (U.S.)
• Geox (Italy)
• ECCO Sko A/S (Denmark)
• New Balance (U.S.)
• Relaxo Footwears Limited (India)

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Segmentation:

Casual Segment Held the Largest Share Due to Comfort and Versatility
By type, the market is segmented into casual, athletic/sports, formal, and others. In 2024, the casual segment accounted for the largest share of the global footwear market, driven by the growing demand for comfort and versatile styles. Casual footwear is widely available in multiple designs and keeps pace with evolving fashion trends.

Men Segment Dominated Owing to Rising Fashion Awareness and Sports Participation
Based on end user, the market is divided into men, women, and kids. The men segment led the global market, supported by increasing fashion consciousness among men and their heightened participation in sports activities like cricket and football.

Supermarkets/Hypermarkets Segment Led Due to Extensive Brand Options and Promotional Offers
By distribution channel, the market is segmented into supermarkets/hypermarkets, specialty stores, online/e-commerce, and others. Supermarkets and hypermarkets held the dominant share, attributed to their extensive range of footwear brands, affordability, and frequent promotional discounts, which attract a broad customer base.
Geographically, the market spans North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

This report offers a comprehensive analysis of the global footwear market, covering key areas such as major product categories, distribution channels, end-user segments, and leading market players. It also explores emerging market trends and notable industry developments. Furthermore, the report delves into additional factors that have influenced and supported the market’s overall growth.

Drivers and Restraints:

High Participation in Sports and Focus on Sustainability to Spur Market Growth

The high inclination of consumers toward sports activities, such as football and cricket, for physical health benefits and fitness or enjoyment purposes propels the demand for sports shoes. The increasing participation of people in different sports events and tournaments is fueling further product demand. Consumer knowledge of the environmental impact is resulting in a surge in their interest in sustainable products manufactured from materials such as organic cotton and recyclable plastic. The top players are actively focusing on increasing their production of sustainable footgear.

However, the imposition of different regulations and policies on sales and production of footgear is expected to limit footwear market growth.

Regional Insights:

Asia Pacific Leads Global Footwear Market with Strong Manufacturing Base

In 2024, Asia Pacific emerged as the leading region in the global footwear market, driven by major manufacturing hubs like China and India. These countries play a crucial role as top footwear producers worldwide. Additionally, the rapid growth of the e-commerce sector—boosted by increased internet penetration—continues to support market expansion across the region.

North America holds the second-largest market share, fueled by a tech-savvy consumer base with a growing interest in smart footwear featuring innovations such as smartphone connectivity and built-in GPS. The U.S. dominates the regional market, with rising participation in sports like football and hockey significantly boosting demand for athletic footwear.

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Competitive Landscape:

Leading Players Focus on Cutting-Edge and Unique Footgear Development to Strengthen Their Market Positions

Intense competition comprising mid-scale, large-scale, premium, and local brands characterizes the global market. These brands are incorporating various strategic initiatives such as collaboration, production expansion, and marketing to strengthen their market positions. The leading players are focusing on cutting-edge and unique footgear development with features such as 3D printing.

Notable Industry Development:

May 2024:  Skechers, an American brand of footgear and apparel, launched its new store in Prague. The store is located in High Street Na Príkope and offers products such as footgear, accessories, and apparel.

Market   Overview:

According to Fortune Business Insights,   The Global   Baby Pacifier Market   size was valued at   USD   367.47 million in 2024   and is expected to be worth USD 383.93 million   in 2025 . The market is projected to reach USD 569.63 million by 2032, recording a   CAGR of 5.80%   during the forecast period.

A pacifier is a soft rubber, silicone, or plastic object which is specifically developed for babies. It acts as a substitute for baby’s natural sucking reflex and offers them a level of comfort when they are upset or fussy.  The increasing birth rate globally has resulted in surged demand for baby care products such as pacifiers, driving market growth.

Competitive Landscape:

Top Companies Invest in Research and Development to Launch Innovative Products to Enhance Their Product Offerings

The global baby pacifier market is characterized by various competitive players. The top companies in this industry are increasing their focus on significant investments in research and development initiatives to launch innovative products to enhance their product offerings.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Philips Avent (Netherlands)
• MAM Baby (Austria)
• NUK (U.K.)
• Tommee Tippee (U.K.)
• Chicco (Italy)
• Brown's Medical (U.S.)
• Playtex (U.S.)
• Munchkin (U.S.)
• GumDrop (U.S.)
• Nuby (Belgium)

Drivers and Restraints:

Rapid Growth of E-commerce Platforms to Spur Market Growth

E-commerce platforms play a vital role in offering manufacturers and retailers a wider audience, which includes both urban and rural consumers lacking access to baby product stores. Online stores' 24/7 operability enables parents to shop conveniently, irrespective of any time constraints. This flexibility is of great importance for working parents who are unable to visit stores during regular hours, thereby increasing product demand.

However, rising concerns regarding the potential impact of pacifier use on infants may discourage parents from using them, thereby impeding baby pacifier market growth.

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Segmentation:

Single-Piece Baby Pacifier to Dominate Market Driven by its Safety Feature

In terms of type, the market is bifurcated into single-piece and multi-piece. The single-piece baby pacifier is projected to dominate the global market in the near term, driven by its safety feature, which reduces the risk of choking hazards.

Silicon Segment to Lead Market as They are Free From Bisphenol A (BPA) and Other Harmful Chemicals

In terms of material, the market is categorized into silicon, natural rubber/latex, and others. The silicon segment is anticipated to lead the market for baby pacifiers in the coming future. The segment’s growth is owing to the safety they offer, as they are free from bisphenol A (BPA) and other harmful chemicals.

Infant Segment Dominates Market as Pacifiers Satisfy Infants' Natural Sucking Reflex

In terms of age group, the market is bifurcated into infants and toddlers. The infant segment accounts for a considerable baby pacifier market share. Infants possess a natural sucking reflex, which develops even before they are born. Pacifiers satisfy infants' natural sucking reflex and offer them comfort between feedings, fueling the segment’s growth.

Supermarkets & Hypermarkets Represented Major Share Due to Wide Availability of Products with Different Brands, Types, Materials

In terms of distribution channel, the market is segmented into specialty stores, supermarkets & hypermarkets, online stores, and others. The supermarkets & hypermarkets segment represented a majority share of the overall market. This growth is due to the wide availability of a wide range of products with different brands, types, and materials.

With respect to region, the market covers North America, Europe, Asia Pacific, and Rest of the World.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading age groups, distribution channels, types, materials, and key market players. It has also focused on the latest market trends and key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Regional Insights:

Increasing Consumer Preference Toward High-Quality, Safe Products   Helps Europe Lead Market

The European region secured a considerable share of 33.53% in the global market in 2024. The region’s growth is due to the increasing consumer preference toward high-quality, safe products driven by the rising awareness of infant safety and well-being. This consciousness has resulted in increased demand for pacifiers made from materials such as natural rubber and silicon, driving the region’s market growth.

North America is expected to witness significant growth during the forecast period. The growth can be attributed to the region's manufacturers, who are increasingly focusing on innovating products with features such as orthodontic designs and smart pacifiers. Pacifiers are extensively used in the U.S. to calm fussy or upset babies.

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Notable Industry Development:

March 2024 : Philips Avent introduced Share the Care positioning in North America, motivating families, friends, and communities to better support new mothers. This initiative coincides with the Daylight Saving Time change, which serves as a poignant reminder of the need for collective support for new parents.

Market Overview

According to Fortune Business insights, the global   luxury watch market   is projected to grow significantly, from  USD 59.97 billion in 2025 to USD 134.53 billion by 2032 , registering a strong  CAGR of 12.23%  during the forecast period. In 2024, the market was valued at USD 53.69 billion. The growth is driven by rising disposable incomes, a renewed interest in collectible items, increasing global demand for status-symbol goods, and significant advancements in technical innovation and design.

Luxury watches are no longer just instruments of timekeeping but have evolved into symbols of social prestige, heritage, and personal expression. The growing pre-owned watch market and demand for limited-edition collections are adding new dimensions to consumer behavior globally.

Competitive Landscape

The market is moderately consolidated, with key players focused on brand equity, innovation, and exclusivity. Leading brands participate in global watch exhibitions such as  Watches & Wonders  to launch their new designs and interact with global buyers.

Major Players Include:

• ORG(Switzerland)
• The Swatch Group Ltd(Switzerland)
• Financière Richemont SA(Switzerland)
• PATEK PHILIPPE SA(Switzerland)
• Audemars Piguet(Switzerland)
• Seiko Watch Corporation(Japan)
• Breitling(Switzerland)
• LVMH(France)
• Richard Mille(Switzerland)
• Bell & Ross(France)

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Market Drivers

1. Increasing Affluence and Social Aspiration

The demand for luxury goods is rising worldwide, particularly in emerging economies with growing high-income populations. Luxury watches serve as symbols of success and wealth. This aspirational purchasing behavior, especially among millennials and Gen Z, is further fueling demand.

2. Innovation in Technology and Craftsmanship

Luxury watchmakers are integrating cutting-edge materials and features. From high-performance ceramics to in-house calibers with intricate mechanical complications, innovations like automatic date adjustment, heart rate monitoring, and multilingual display functionalities make these products desirable to collectors and tech-savvy consumers alike.

3. Surge in Pre-Owned and Collectible Market

Consumers are increasingly investing in collectible and vintage watches, driving growth in the pre-owned segment. Brand heritage, limited production runs, and resale value are key motivators. Platforms such as WatchBox and Chrono24 have expanded global access to this market.

Market Restraints

Counterfeiting and Market Dilution

The increasing prevalence of counterfeit watches continues to hamper brand reputation and consumer trust. With advanced replication technologies, fake luxury watches closely resemble authentic ones, making detection and enforcement increasingly difficult. This challenges both brands and authorities in maintaining market integrity.

Segmentation Analysis

• By Type
• By Band Type
• By Distribution Channel

Regional Insights

Asia Pacific held the largest market share of 41.72% in 2024 and is expected to retain dominance, driven by rising high-net-worth individuals and strong demand for premium fashion in countries like China, Japan, South Korea, and Singapore—particularly with China leading in Swiss timepiece consumption. North America, with the U.S. projected to reach USD 19.14 billion by 2032, benefits from affluent consumers and a strong luxury retail presence. Europe remains a key market due to its legacy and being home to iconic watchmakers like Rolex, Patek Philippe, and Audemars Piguet. The Middle East & Africa market is fueled by high disposable incomes and tourism in the UAE, Saudi Arabia, and Qatar, with Dubai and Abu Dhabi serving as retail hotspots. Meanwhile, South America is showing promising growth in luxury watch demand, supported by emerging middle and upper-class populations in countries like Brazil and Colombia.

Key Market Trends

• Limited Editions & Brand Collaborations : Companies are leveraging events and anniversaries to release exclusive collections, as seen with Omega’s “Seamaster 300M Paris 2024” edition.
• Increased Female Targeting : While historically male-dominated, the market is now seeing increased attention to women’s luxury watches with bold designs and smaller sizes.
• Customization and Personalization : Consumers are opting for watches that reflect individuality, pushing brands to offer personalized dials, straps, and engravings.
• Sustainability Focus : As eco-consciousness rises, brands are moving toward sustainable materials and ethical sourcing, enhancing long-term brand loyalty. 

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Recent Industry Developments

• January 2024 : Swatch Group launched a collaborative ocean-inspired watch in partnership with Blancpain.
• March 2023 : Patek Philippe introduced a new model in the Calatrava line with dual time-zone functionality and intricate rose-gold casing.

The global luxury watch market is witnessing robust growth fueled by a combination of technological innovation, rising global wealth, brand heritage, and consumer aspiration. Despite challenges like counterfeiting, the market is well-positioned for sustained growth with strong consumer engagement, especially in Asia and North America. Industry leaders must continue innovating while preserving tradition to stay relevant in a fast-evolving luxury landscape.

Market Overview

According to Fortune business insights, the global   fully automatic washing machine market   is witnessing strong growth, driven by rising demand for smart home appliances, urbanization, and shifting consumer preferences toward convenience and automation. Valued at USD 35.64 billion in 2024, the market is projected to grow to USD 38.14 billion in 2025 and further reach USD 68.45 billion by 2032, expanding at a CAGR of 8.71% during the forecast period.

Fully automatic washing machines complete the entire wash cycle—from wash to rinse to dry—without manual intervention. These machines automatically adjust water levels, detergent quantity, and washing cycles based on load and fabric type, making them highly efficient and convenient for modern households. Rising income levels, increasing awareness of hygiene, and the need for time-saving appliances are key contributors to market growth.

Competitive Landscape

The fully automatic washing machine market is moderately consolidated, with global and regional players competing on product features, price, innovation, and distribution reach.

Key Players:

• LG Electronics(South Korea)
• Haier Inc.(China)
• Whirlpool Corporation(U.S.)
• Samsung Electronics(South Korea)
• Panasonic Corporation(Japan)
• Electrolux(Sweden)
• IFB Appliances(India)
• Midea Group(China)
• BSH Home Appliances Group(Germany)
• ASKO(Sweden)

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Market Drivers

1. Residential Construction and Urbanization

The global rise in residential construction, especially in urban areas, directly fuels the demand for washing machines. Government initiatives, such as India’s Pradhan Mantri Awas Yojana-Urban (PMAY-U), have accelerated housing development, which in turn boosts appliance sales. As more people move into urban apartments and homes, the need for compact, efficient, and automated washing solutions continues to rise.

2. Technological Advancements

Innovations such as Artificial Intelligence (AI), smart sensors, auto-dosing systems, inverter technology, and Wi-Fi/app connectivity are transforming fully automatic washing machines into high-tech home appliances. AI-powered machines now detect load weight, fabric type, and soil level to adjust wash settings accordingly, ensuring optimal cleaning and fabric care while minimizing resource consumption.

Market Restraints

High Servicing and Repair Costs

Fully automatic machines, while convenient, involve complex mechanisms and electronics, which increase maintenance costs. Features like inverter motors, control boards, and touch displays are expensive to repair. Moreover, repairs often require skilled labor, driving up service charges, which may deter cost-conscious buyers in price-sensitive regions.

Market Opportunities

Smart Appliance Adoption

The rising adoption of  smart homes and connected devices  presents lucrative opportunities. Consumers increasingly prefer appliances that can be monitored and controlled via smartphones. Features such as automatic alerts, remote start, diagnostics, and integration with smart home ecosystems are becoming mainstream, expanding the potential customer base and increasing product demand.

Market Trends

Growth of E-commerce

Online shopping is significantly reshaping the market landscape. Consumers benefit from broad product availability, competitive pricing, and home delivery. Platforms like Amazon, Flipkart, and Noon offer detailed product comparisons, consumer reviews, and flexible payment options, making it easier to purchase high-ticket items like washing machines online. The rapid growth of internet users—from 251 million in 2014 to 954 million in 2024 in India alone—further supports this trend.

Regional Insights

Asia Pacific

The largest market, valued at  USD 16.34 billion in 2024 , Asia Pacific holds a 45.85% share. Key drivers include rising disposable incomes, rapid urbanization, and lifestyle shifts in countries like  India, China, Vietnam, and Australia . Additionally, the popularity of compact apartments and nuclear families increases demand for efficient front load models.

North America

Expected to grow at a steady pace due to increasing demand for high-end smart appliances in  the U.S. and Canada . Rising single-family housing construction, driven by urban migration and rising incomes, fuels growth. Advanced features such as self-cleaning, inverter motors, and load sensors are in high demand.

Europe

Europe’s growth is driven by energy-conscious consumers and government regulations promoting sustainable appliances. Replacement of older machines, growth in dual-income households, and the trend toward smart homes are key contributors.

South America and Middle East & Africa

These regions are experiencing notable growth, driven by improving living standards, rising social media advertising by brands, and increased adoption of smart, energy-efficient home appliances. Countries such as  Brazil, the UAE, and South Africa  are seeing rising middle-class demand for appliances offering both convenience and connectivity.

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Recent Industry Developments

• November 2024: Samsungopened its largest experience store in Gurugram, India, showcasing washing machines, smart TVs, and mobile devices.
• September 2024: Godrej Enterprisesannounced a new manufacturing line for front-load machines in Pune, India, expected to produce 300,000 units annually.

The fully automatic washing machine market is poised for sustained growth, driven by rising urbanization, technological innovations, increasing smart home adoption, and growing e-commerce penetration. While challenges such as high servicing costs remain, the market's long-term outlook remains robust. Manufacturers that continue to innovate, localize offerings, and strengthen digital presence will be best positioned to capitalize on evolving consumer preferences.

Market   Overview:

According to Fortune Business Insights Global   Streetwear Market   size is projected to grow from USD 347.14 billion in 2024 to USD 637.13 billion by 2032. It was valued at USD 325.28 billion in 2023, exhibiting a CAGR of 7.89% during the forecast period. 

Streetwear, a fashion trend rooted in the cultural aesthetics of youth subcultures, has become a distinct style. It is popular for its vibrant colors, bold logo graphics, and unconventional designs. It also encompasses different products, such as oversized tees, streetwear hoodies, streetwear jeans, beanies, snapbacks, and sneakers. The increasing disposable incomes and consumer spending on fashion are expected to drive the growth of the global market.

The COVID-19 pandemic negatively impacted product sales across various countries, notably throughout 2020. The government-imposed lockdowns disrupted the supply chains, thereby impacting product distribution.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Nike (U.S)
• Supreme (U.S.)
• Stussy (U.S.)
• BAPE (Japan)
• Adidas (Germany)
• Off-White (Italy)
• Vetements (Switzerland)
• Palace (U.K.)
• RoaringWild (China)
• Undercover (Japan)

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Segmentation Overview

Clothing Segment Led the Market Driven by Celebrity Collaborations
By product, the market is categorized into clothing, footwear, accessories, and others. In 2023, the clothing segment dominated the market, primarily due to the broad range of available products and the rising number of collaborations between brands, celebrities, and social media influencers.

Men’s Segment Held the Largest Share Due to Rising Grooming Awareness
Based on end user, the market is divided into men and women. The men’s segment accounted for the largest market share in 2023, fueled by increasing appearance consciousness, growing purchasing power, and a wide variety of product offerings tailored to male consumers.

Offline Stores Segment Led Owing to Expanding Retail Presence
By distribution channel, the market is segmented into offline and online stores. The offline segment held the largest share in 2023, supported by the global expansion of retail networks and the continued consumer preference for in-store shopping experiences.

Regional Coverage
The market analysis spans across key regions, including North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading applications, products, end users, distribution channels, and key market players. It has also focused on the latest market trends and key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Increasing Sales of Sustainable Products to Drive Market Growth

The rising environmental consciousness has led to the increasing popularity of environmentally friendly products among customers. Customers opt for brands committed to environmental sustainability as they are more ecologically conscious. Additionally, the growing demand for eco-friendly products among eco-conscious consumers contributes to the need for sustainable products. Also, several international players are introducing sustainable products to meet the increasing demand for sustainable clothing.

However, the streetwear market growth is expected to be constrained by the increasing availability of counterfeit casual clothing.

Regional Insights:

Asia Pacific Dominated Market Due to Increasing Urbanization and Rapid Growth in Young Population

Asia Pacific accounted for the largest market share in 2023 and is expected to maintain its dominance during the forecast period. This growth can be attributed to increasing urbanization and rapid growth in the young population. The surge in the number of homegrown brands in the region that provide street culture and subculture-inspired products, such as hip-hop, street art, and skateboarding will contribute to the region’s market growth.

North America is poised to experience considerable growth during the forecast period due to the strong presence of leading players in the region. North America’s different street culture scenes, such as hip-hop, skateboarding, and graffiti will fuel the demand for the product, thereby driving the region’s market growth.

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Competitive Landscape:

Companies to Focus On Innovative Technologies to Stay Competitive

The leading companies operating in streetwear market are increasing their focus on implementing various strategies to tackle the growing presence of counterfeit products. They are launching security labels that allow consumers to authenticate their purchases. They are also introducing innovative products and establishing strategic partnerships with other firms to strengthen their market position and remain competitive.

Notable Industry Development:

November 2023:   Lemon Lilt launched itself in India as a novel streetwear-inspired brand. According to the company, its first product will include graphic T-shirts.

Report Overview-

According to Fortune Business Insights   Global   Oral Care Market   size was valued at USD 33.63 billion in 2024. It is projected to grow from USD 34.76 billion in 2025 to USD 46.53 billion by 2032, exhibiting a CAGR of 4.25% during the forecast period.  

The growing popularity of electric toothbrushes, charcoal-based cleaners, and teeth whitening products is anticipated to drive market growth in the coming years. Companies like Twice, Quip, and Candid are expanding global reach by providing cost-effective oral care solutions.

List of Key Players Present in the Report :

• Colgate Palmolive Co. (U.S.)
• Unilever (U.K.)
• Procter & Gamble Co. (U.S.)
• Henkel AG & Co. KG aA (Germany)
• Johnson & Johnson Services, Inc. (U.S.)
• GlaxoSmithKline Plc. (U.K.)
• Lion Corporation (Japan)
• Church & Dwight Co. Inc. (U.S.)
• Reckitt Benckiser Group Plc. (U.K.)
• Patanjali Ayurved Limited (India)

Drivers & Restraints-

Rising Emphasis on Product Innovation to Propel Market Growth
Companies are increasingly focusing on product innovation to meet the rising demand for advanced dental care solutions, which is expected to drive market expansion over the forecast period. The adoption of cutting-edge technologies such as 3D printing, artificial intelligence (AI), laser dentistry, and digital impressions in commercial dental care instruments is set to further accelerate the growth of the oral care market.

However, the growing incorporation of additives—such as humectants, abrasive agents, and flavor enhancers—in toothpaste and mouthwash to enhance taste and appearance may lead to allergic reactions in some consumers, potentially restraining market growth during the forecast period.

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Segments

Diverse Flavor Options to Drive Toothpaste Segment Growth
Based on product type, the market is segmented into toothpaste, toothbrush, mouthwash, and others. In 2022, the toothpaste segment led the market, primarily due to the wide range of available flavors—such as mint, lime, and strawberry—designed to appeal to diverse consumer preferences.

Increasing Household Spending to Support Household Application Segment
By application, the market is divided into household and commercial segments. The household segment is anticipated to retain its dominant position throughout the forecast period, driven by rising consumer expenditure on daily oral care products and growing awareness of oral hygiene.

Widespread Product Availability to Boost Hypermarkets & Supermarkets Segment
In terms of distribution channel, the market is categorized into hypermarkets/supermarkets, convenience stores, online, and others. Hypermarkets and supermarkets are expected to account for the largest market share due to their wide product selection and the convenience of purchasing essential oral care items in one place.

Regional Insights
Geographically, the market is examined across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage-

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• The latest industry developments include product launches, partnerships, mergers, and acquisitions.

Regional Insights-

Large Presence of Geriatric Population to Boost Market Growth in Asia Pacific

Asia Pacific held a dominant oral care market share, accounting for USD 11.50 billion in 2022. The growth is attributed to the rising geriatric population in the countries, including Japan and China, resulting in the growing consumption of oral care products in the region.

North America and South America are estimated to witness significant growth during the forecast period due to the increasing spending on oral healthcare products in the regions. 

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Competitive Landscape-

Increasing Key Players Focus on Product Innovations to Propel Market Growth

The growing focus of key players on developing technology-enabled oral care products to attract a large consumer base will drive oral care market growth during the projected period. The major market players are keen to launch new product lines that cater to the growing consumer needs, including prevention from oral virus infection, sensitivity and whitening control, teeth decaying, and others, boosting market growth during the forecast period.

Notable Industry Development-

• September 2021 –  Unilever Plc. has introduced a new, updated version of Close Up toothpaste. New toothpaste variants will consist of components, such as purifying gel, antibacterial mouthwash, and ice-cool crystals.

Market Overview

According to Fortune Business Insights, the Global Plastic Furniture Market was valued at USD 25.93 billion in 2024 and is projected to reach USD 40.87 billion by 2032, growing at a CAGR of 5.92% during the forecast period (2025–2032).

The rising demand for affordable, lightweight, and space-saving furniture across residential, hospitality, and commercial sectors is driving the growth of the plastic furniture market. In 2024, the Asia Pacific region led the global market with a 58.27% share, bolstered by robust manufacturing capabilities in China and India, as well as growing consumer preference for budget-friendly and foldable home décor solutions.

Plastic furniture holds several advantages over wooden and metal alternatives, including cost-effectiveness, resistance to corrosion, and greater design flexibility. With ongoing advancements in material engineering, manufacturers are increasingly incorporating polypropylene (PP), polyethylene (PE), and recycled plastics to enhance durability while aligning with sustainability goals.

Competitive Landscape

The global plastic furniture market is moderately consolidated with key players focusing on geographic expansion, innovation, and sustainability. Major companies include:

• Nilkamal Limited (India)
• PIL Italica Lifestyle Ltd. (India)
• Inter IKEA Systems B.V. (Netherlands)
• Ashley Furniture Industries, Inc. (U.S.)
• Keter Group (Israel)

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Market Drivers

1. Rising Commercial Infrastructure Investments

The expansion of commercial spaces such as hotels, schools, offices, and restaurants is significantly boosting the demand for plastic furniture. These establishments are increasingly adopting lightweight, stackable, and easy-to-clean furniture made from plastics like ABS and PP for convenience and maintenance efficiency. The trend of remodeling and contract furniture purchases in the hospitality sector also contributes to market expansion.

2. Surge in Home Renovation & Affordable Furniture Needs

With a growing middle-class population and rapid urbanization, particularly in emerging markets like India and Southeast Asia, the demand for cost-effective furniture solutions is on the rise. Consumers increasingly prefer foldable chairs, plastic center tables, and compact cabinets to save space in small living areas.

Market Restraints

1. Competition from Alternative Materials

Despite its affordability, plastic furniture faces competition from materials such as engineered wood, metal, and bamboo, which are perceived as more premium or durable. Consumers in developed economies may also avoid plastic due to concerns about quality and environmental sustainability.

Market Opportunities

1. Emphasis on Recycled Plastic and Eco-Friendly Designs

Sustainability is a key opportunity area in this market. Furniture made from  recycled plastic materials  is gaining traction among environmentally conscious consumers. Manufacturers are partnering with plastic waste recycling firms to source raw materials and reduce environmental impact. For example,  Tesco Plc  partnered with  Veolia  to transform post-consumer plastics into practical outdoor furniture like benches and tables.

2. Growing Popularity of Smart and Multi-functional Plastic Furniture

Integration of features like  USB charging ports ,  wireless charging pads , and  adjustable heights  in plastic desks and chairs is appealing to the tech-savvy, younger demographic. This product innovation opens new avenues in the premium plastic furniture segment.

Segmentation Analysis

• By Material
• By Type
• By End-User
• By Distribution Channel

Regional Insights

Asia Pacific

With revenues reaching  USD 15.11 billion in 2024 , Asia Pacific is the largest and fastest-growing region. Factors such as abundant raw materials, a strong manufacturing base, and rising urbanization in countries like China, India, Thailand, and Vietnam drive regional growth. Additionally, large-scale real estate investments, such as  Supalai PCL’s USD 1.36 billion housing projects  in Thailand, fuel furniture demand.

Europe

The European market is supported by strong regulatory backing for  sustainable and recycled furniture . Countries like the U.K., France, and Italy are increasingly using recycled plastic in hotel and residential furniture. The  hotel room occupancy rate in England reached 65% in January 2025 , reflecting strong demand in hospitality settings.

North America

Consumers in the U.S. and Canada are inclined toward  luxury and matte-finished plastic furniture . Home renovation and minimalist furniture design trends support market performance.

Rest of the World

In the Middle East and Africa, rising commercial developments and increasing household demand for budget furniture are key growth factors. Countries like Saudi Arabia, UAE, and Brazil are major contributors due to growing hospitality and café culture.

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Recent developments highlight a strong push toward sustainability and expansion:

• March 2024 : Arsenal Capital Partners acquired  Poly-Wood LLC , a recycled plastic furniture manufacturer.
• December 2023 : IKEA unveiled the  Nytillverkad collection featuring plastic particleboard furniture.
• September 2023 : IKEA invested  USD 126.93 million to expand retail presence in India.

The global plastic furniture market is on a solid growth trajectory driven by affordability, compact design preferences, and evolving consumer lifestyles. The shift toward  sustainable and smart furniture  offers promising opportunities for innovation and differentiation. Asia Pacific remains at the forefront, while other regions like Europe and North America are advancing through sustainable practices and home improvement trends. Strategic partnerships and eco-friendly material innovations will shape the competitive landscape in the years ahead.

Market Overview

According to Fortune Business Insights, The  global   Back & Shoulder Massagers Market  was valued at  USD 3.77 billion in 2024  and is projected to reach  USD 6.05 billion by 2032 , growing at a  CAGR of 6.14%  during the forecast period (2025–2032). Back and shoulder massagers have become increasingly popular due to their effectiveness in reducing muscle pain, enhancing blood circulation, and offering therapeutic relaxation. The rising use of these products across households, physiotherapy clinics, spas, and wellness centers continues to drive global market growth.

Key factors fueling this growth include rising awareness around alternative therapies for pain relief, growing preference for at-home wellness tools, and technological advancements in massager designs and functionality.

Competitive Landscape

The global market is moderately fragmented, with leading players focusing on innovation, regional expansion, and brand marketing. Companies are leveraging partnerships and promotional campaigns to enhance brand recall and customer engagement.

Key Players Include:

• OSIM International Pte. Ltd. (Singapore)
• Johnson Health Tech Retail Inc. (U.S.)
• Beurer GmbH (Germany)
• JSB Healthcare (India)
• RENPHO US (U.S.)
• RoboTouch (India)
• Casada International GmbH (Germany)
• Osaki Massage Chair (U.S.)
• SKG (China)

Market Restraints

1. High Costs of Advanced Equipment

Despite increasing popularity, the high cost of premium massage devices—especially those with advanced features like heat therapy, acupressure stimulation, and wireless control—limits accessibility among price-sensitive consumers. Additionally, expensive salon massage services may hinder wider adoption, especially in developing markets.

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Market Dynamics

Market Drivers

1. Technological Advancements in Massage Devices

One of the primary drivers of the market is the continuous development of innovative massagers, particularly devices featuring  3D and 4D massage nodes ,  AI-based pressure sensors ,  adjustable vibration , and  Bluetooth connectivity . These features offer personalized experiences and deeper muscle relief, attracting both individual users and professional therapists. For instance, in October 2024, Aescape launched an AI-powered robotic massager at the Grand Hyatt Nashville’s R+R Wellness Spa, showcasing the rise of intelligent massage solutions.

2. Expansion of Wellness Industry

The surge in wellness centers, physiotherapy clinics, and spa services using advanced massagers for patient treatments is significantly contributing to demand. Social media promotion of lifestyle and relaxation products is also boosting product awareness and influencing consumer purchasing decisions.

Market Opportunities

1. Rise of At-home Wellness Solutions

A growing segment of consumers is turning toward cost-effective alternatives to medical treatments. The preference for  portable, at-home massagers  offers a huge opportunity for market players. With increasing back pain prevalence among working professionals and the elderly, there's a shift toward daily-use therapeutic tools. According to the Australian Institute of Health and Welfare, around  4 million Australians (16%)  suffer from back pain, creating demand for home-based solutions.

Market Trends

• Personalized Spa Therapies : Spa clinics are increasingly integrating sensor-based massagers with customizable intensity levels, temperature control, and smart monitoring, encouraging consumer adoption of premium services.
• Smart, App-Controlled Devices : Massagers that track blood flow, recovery metrics, and allow app-based settings are gaining traction, especially among tech-savvy consumers.

Segmentation Analysis

• By Product
• By Power Type
• By Distribution Channel

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Recent Developments

• Feb 2024 – beatXP launched a new massager line including leg, body, and hand devices.
• Jan 2024 – Sparal expanded globally by launching SpaR, a portable domestic massager brand.
• Apr 2023 – Xiaomi introduced MIJIA Smart Neck Massager in China for home wellness solutions.

The global back & shoulder massagers market is on a steady growth trajectory, driven by rising wellness awareness, at-home therapy trends, and innovations in smart massaging technology. As consumers increasingly seek personalized, affordable, and portable pain relief solutions, the market presents significant opportunities for brands focused on both premium and accessible product offerings.

Market Overview

According to Fortune Business Insights, The  global   luxury electronic watches market  was valued at  USD 12.88 billion in 2024  and is projected to grow from  USD 14.45 billion in 2025  to  USD 33.37 billion by 2032 , exhibiting a  CAGR of 12.70%  during the forecast period. Luxury electronic watches represent the fusion of high-end craftsmanship and premium materials with advanced digital functionalities. These watches are not only fashionable accessories but also status symbols and potential investment pieces, contributing to their rising global demand.

Competitive Landscape Key Players:

• The Swatch Group Ltd.
• Financière Richemont SA
• ORG
• Breitling
• Seiko Watch Corporation
• LVMH
• Audemars Piguet
• Patek Philippe SA
• Richard Mille
• Bell & Ross

Key Market Drivers

1. Rising Disposable Income and Urbanization

Growing urbanization, increasing middle-class disposable income, and a surge in the working population are key drivers of market expansion. Consumers, especially in emerging economies, are increasingly spending on luxury products as part of their lifestyle upgrade. According to the U.K. Office for National Statistics, the Real Household Disposable Income (RHDI) per head grew by 1.7% in Q4 of 2024, highlighting improved spending power.

2. Technological Innovation and Product Integration

The market is witnessing strong growth due to continuous innovation in watch design and technology. Luxury brands are integrating premium features such as hybrid analog-digital displays, GPS, solar charging, wireless connectivity, and wellness tracking. The use of materials like titanium, ceramic, and sapphire glass enhances durability and aesthetics, attracting tech-savvy and fashion-conscious consumers.

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Market Restraints

1. Counterfeit Products

One of the major challenges hindering market growth is the rising incidence of counterfeit luxury watches, especially in countries such as India, China, Brazil, and Vietnam. These imitations lead to revenue loss, brand reputation damage, and consumer distrust. Moreover, counterfeit production often involves environmentally harmful processes and poor materials, compounding the negative impact on both businesses and sustainability efforts.

Market Opportunities

1. Sustainable Materials and Ethical Production

Consumers are increasingly drawn to watches made from responsibly-sourced metals and recycled materials. The shift toward carbon-neutral manufacturing and eco-conscious watch designs presents a major opportunity for brands to cater to the sustainability trend. Partnerships such as the one between  Officine Panerai  and  IperionX  for recycled titanium watches exemplify this movement.

2. Personalization and Smart Features

The rise of customizable luxury electronic watches — including customizable straps, digital watch faces, and software — is accelerating market demand. Features like call/text notifications, fitness tracking, music control, and even ECG monitoring have turned these watches into multifunctional lifestyle tools.

Market Trends

• Premiumization of Materials: Increasing consumer demand for luxury materials like carbon fiber, titanium, and ceramics with interchangeable straps and customizable interfaces.
• Smartwatch-Luxury Hybridization: Collaborations between tech firms and luxury watchmakers are producing smartwatches that combine elegance with cutting-edge technology.
• Eco-Luxury: Watches made with low-carbon materials and sustainable production practices are becoming a major selling point in both developed and emerging markets.

Regional Insights

Asia Pacific – Market Leader:   Asia Pacific dominates the global market, thanks to a rapidly growing middle class, increasing tech adoption, and strong demand for both fashion and smart functionalities. Urbanization and rising brand consciousness among consumers fuel regional growth.

North America:   In 2024, North America accounted for  USD 5.31 billion  of the global market share. The region benefits from high fashion awareness, fitness-conscious consumers, and product innovations such as voice-assistant features. Strong collaborations, such as  Samsung and Google’s Galaxy Watch 4 , boost growth.

Europe:   Europe is expected to grow significantly over the forecast period. The presence of heritage luxury brands and a fashion-forward consumer base, coupled with increasing online retail and social media influence, support strong growth in the region.

South America and Middle East & Africa:   These regions show promising potential, driven by increasing luxury lifestyle adoption, social media marketing, and rising disposable incomes. Consumers in these markets are viewing luxury watches as status symbols and investment assets.

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Recent Developments

• April 2025: Garmin partnered with Clearcals to enhance health and fitness tracking functionalities in its luxury smartwatches.
• April 2024: TAG Heuer collaborated with Oracle Red Bull Racing to launch a special edition of the Connected Calibre E4 smartwatch, expanding its product appeal.

The global luxury electronic watches market is on a strong growth trajectory, fueled by innovation, increasing affluence, sustainability trends, and lifestyle personalization. Brands that can effectively combine luxury with advanced tech, while ensuring ethical sourcing and a unique customer experience, are likely to lead the next wave of market expansion.