Category: Consumer Goods
Market Overview :
According to Fortune Business Insights, the global Artificial Flowers Market was valued at USD 1.70 billion in 2024 and is projected to reach USD 2.56 billion by 2032, registering a CAGR of 5.33% during the forecast period. The market is expected to grow from USD 1.78 billion in 2025, driven by rising demand for durable and decorative floral arrangements across residential and commercial settings. In the U.S., the market is anticipated to reach USD 284.22 million by 2032, while Europe led the global landscape with a 28.47% market share in 2024.
Artificial flowers—also known as fake flowers or permanent botanicals—are crafted from materials like polyester, nylon, silk, plastic, and paper. They are widely used for interior décor, event styling, and gifting, serving as a practical and lasting alternative to fresh flowers. Continuous advancements in material quality and lifelike designs, coupled with changing consumer tastes in home decoration, are major drivers of market growth.
Competitive Landscape
Key players are focusing on expanding distribution channels, launching innovative collections, and engaging in strategic mergers and acquisitions to strengthen their market presence. Some major players include:
- FRS Holding S.R.L. (Evergreens) (Italy)
- Diane James Designs, Inc. (U.S.)
- Dongguan Fusheng Arts Products Co., Ltd (China)
- Artificial Flower Factory (India)
- Tree Locate (Europe) Limited (U.K.)
- Foshan Tongxin Artificial Flowers Co., Ltd (China)
- NGAR TAT Production Fty. Ltd. (Hong Kong)
- Oriental Fine Art Co., Ltd. (Thailand)
- Xuzhou Pleasant Arts Flower Co., Ltd (China)
- SG Silk Flower Limited (China)
Get a Sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/artificial-flowers-market-104459
Market Trends
- Post-COVID Resurgence in Celebrations : With global recovery from the COVID-19 pandemic, festivals and social gatherings have surged, stimulating demand for artificial flowers for decoration and event setups.
- Growth of Eco-conscious Consumption : Consumers are increasingly opting for sustainable décor solutions, elevating the appeal of reusable artificial flowers over fresh ones.
- Rise in Innovative Offerings : Companies are launching advanced products like silk-based, real-touch florals to cater to premium demand. For example, CocoBella launched a couture silk floral line in 2023.
Market Growth Drivers
- Increased consumer need for indoor and outdoor decorative products.
- Popularity of artificial flowers as gifting options.
- Innovations in realistic designs and sustainable materials.
- Expanding urbanization and rising disposable incomes.
Market Restraints
- Government bans and regulations on plastic-based products due to environmental concerns.
- Rising demand for eco-friendly, biodegradable décor alternatives limiting plastic flower sales.
To get to know more about this market, please visit:
https://www.fortunebusinessinsights.com/artificial-flowers-market-104459
Recent Developments
- March 2022 : RTfact Flowers opened a new showroom in the U.K.
- October 2021 : Flora D'Lite expanded its service area through its e-commerce platform.
- February 2021: Diane James Home, a U.S.-based faux floral company, collaborated with Gray Malin, a popular aerial photographer, to launch a new collection of faux floral arrangements.
The artificial flowers market is set for consistent growth, driven by changing décor trends, advancements in design, and growing demand for sustainable, long-lasting decorative options. As consumers increasingly prioritize practicality alongside aesthetic appeal, the market is expected to benefit from continued innovation and geographic expansion, especially in Asia Pacific and Europe.
Market Overview:
According to Fortune Business Insights Global Console Table Market size was valued at USD 4.24 billion in 2024. The market is projected to grow from USD 4.41 billion in 2025 to USD 5.98 billion by 2032, exhibiting a CAGR of 4.45% during the forecast period.
A console table is a long, narrow piece of furniture typically positioned behind a sofa or along a wall. Available in a variety of materials, including wood, metal, and glass, it blends style with practicality. Beyond enhancing the visual appeal of a space, a console table serves multiple purposes — from providing a display surface to offering storage or even functioning as a compact workspace. The rising preference for furniture that combines aesthetic appeal with functionality is a major factor fueling the demand for console tables.
LIST OF KEY COMPANIES PROFILED IN THE REPORT
- Steelcase Inc. (U.S.)
- Ashley Furniture Industries, Inc. (U.S.)
- Global Furniture USA (U.S.)
- Pepperfry Limited (India)
- IKEA (Sweden)
- HNI Corporation (U.S.)
- Ethan Allen Global, Inc. (U.S.)
- Godrej & Boyce Mfg. Co. Ltd. (India)
- B&B ITALIA SPA (Italy)
- MillerKnoll, Inc. (U.S.)
Get a Sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/console-table-market-111557
Segmentation:
Others Segment to Dominate Market With Rising Demand for Unique, Multipurpose Tables
Based on product, the market is divided into traditional console tables, modern console tables, industrial console tables, rustic console tables, and others. The others segment will dominate the market in the future as customers are looking for uniquely designed tables that come with numerous innovative features.
Wooden Console Tables Gained Major Traction Owing to Their Versatility
Based on material, the market is segmented into wood, metal, glass, and others. The wood segment captured the biggest market share as this material is highly versatile and helps manufacturers design tables in different styles.
Residential Segment Holds Largest Market Share With Rising Interest in Home Décor
Based on application, the market is classified into residential and commercial. The residential sector accounts for the largest console table market share as several homeowners are becoming more interested in home décor to elevate the overall aesthetics of their living spaces.
Customer Footfall Rises in Offline Stores Due to Demand for Personalized Customer Service
Based on distribution channel, the market is divided into online and offline. The offline segment is dominating the market as customers can get personalized services from sales agents at offline stores. These agents, through their expert advice, can help customers purchase the right console table for their space.
With respect to region, the market covers North America, Europe, Asia Pacific, and the rest of the world.
Report Coverage:
The report has conducted a detailed study of the market and highlighted several critical areas, such as popular products, materials, applications, distribution channels, and prominent market players. It has also focused on the latest market trends and the 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:
Rising Preference for Eco-Friendly Products to Accelerate Market Growth
An increasing number of furniture manufacturers are making their operations more sustainable to reduce their carbon footprint and enhance their brand image. Eco-friendly materials, such as reclaimed wood, recycled metals, and bamboo are being used by furniture manufacturing companies to make console tables. This move will help them lure in more eco-conscious customers, which will have a positive impact on the market’s progress.
However, extreme fluctuations in raw material prices can hinder the console table market growth.
Regional Insights:
Asia Pacific Dominated Global Market Due to Increasing Disposable Income of Customers
Asia Pacific held the largest global market share in 2024 as the average disposable incomes of customers across the region is increasing every year. This factor has given them the liberty to splurge on expensive furniture products, such as high-end console tables.
Europe is also positively contributing to the global market’s growth as governments across the region are introducing financial schemes, such as grants and subsidies to help SMEs gain an easier access to capital in the furniture industry.
To know more about this market, please visit:
https://www.fortunebusinessinsights.com/console-table-market-111557
Competitive Landscape:
Market Players to Focus On Developing Console Tables With Unique Designs to Cater to Customers’ Needs
Some of the top companies operating in the global console table market are partnering with other firms to design and manufacture console tables with unique designs. They are also improving the features of their products by integrating them with smart technologies. Such improvements will help them expand their current product range and attract more customers.
Notable Industry Development:
November 2024: Ethan Allen, a global manufacturer of furniture, was recognized for its commitment to eco-friendly wood sourcing when it received the "Most Improved" designation for 2024 from the National Wildlife Federation (NWF) and the Sustainable Furnishings Council (SFC). This award showcased the company's improvements in its sustainability practices, especially its adoption of certified sustainable wood in the production of furniture.
Market Overview
According to Fortune Business Insights, the Global Jewelry Market was valued at USD 216.48 billion in 2022 and is projected to reach USD 224.38 billion in 2023. The market is anticipated to grow to USD 308.36 billion by 2030, exhibiting a CAGR of 4.6% during the forecast period. This growth is primarily driven by a rising consumer inclination toward luxury products, leading to increased demand for jewelry. Additionally, the integration of technology into jewelry design and production is further fueling market expansion. Higher disposable incomes are also contributing to greater consumer spending on premium and ornamental items.
List of Key Players Profiled in the Report
- Harry Winston, Inc. (U.S.)
- Chopard (Switzerland)
- Pandora Jewelry, LLC. (U.S.)
- Chow Tai Fook Jewellery Company Limited (Hong Kong)
- Tiffany & Co (U.S.)
- Rajesh Exports Ltd (India)
- Cartier International SNC (France)
- Signet Jewelers Limited (Bermuda)
- Chanel (France)
- LVMH Moët Hennessy (France)
Get a Sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/jewelry-market-102107
Segmentation Insights
Ring Segment to Dominate Due to Its Symbolic Value
By product type, the market is segmented into rings, necklaces, earrings, bracelets, and others. Among these, the ring segment is expected to lead the market, primarily due to its strong cultural association with engagements and marital status. Increasing consumer interest in personalized jewelry is encouraging brands to offer a wide range of customization options. Meanwhile, other segments such as earrings, necklaces, and bracelets are also gaining traction, driven by their appeal for aesthetic enhancement and fashion purposes.
Diamond Segment to Lead Owing to Its Distinctive Appeal
In terms of material, the market is divided into gold, platinum, diamond, and others. The diamond segment is projected to dominate, attributed to its brilliance, elegance, and enduring popularity. Celebrity endorsements and high-profile appearances, such as those at the 2019 Met Gala by stars like Jennifer Lopez, Lady Gaga, Gal Gadot, and others, have significantly boosted demand for diamond and platinum jewelry.
Women Segment to Hold the Largest Share Due to Higher Usage
Based on end-user, the market is bifurcated into men and women. The women segment accounts for the largest share, as jewelry has traditionally been associated with femininity and is widely used for self-expression and style. However, the men’s segment is expected to witness steady growth, driven by a rising interest in fashion-forward accessories that reflect status, identity, and personal style.
Regional Outlook
Geographically, the market is analyzed across North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Each region contributes uniquely to the market's growth, influenced by cultural preferences, economic conditions, and evolving consumer lifestyles.
Drivers and Restraints
Increasing Levels of Disposable Income and Spending of Consumers to Augment Market Growth
Increasing levels of disposable income and rising spending of consumers are anticipated to drive the jewelry market growth. The demand for increasing consumption of luxury goods such as ornaments is propelling the market growth. Additionally, different customs regarding the adoption of ornaments followed by people across the globe are expected to significantly boost the purchase of the product. Increasing number of working populace of women and awareness about modern jewels and premium-class gems will further fuel the market growth.
However, strict regulations on importing and exporting ornament are expected to hamper the market growth.
Regional Insights
Asia Pacific to Govern Owing to the Presence of Major Market Players in the Region
Asia Pacific is expected to have the largest jewelry market share owing to the presence of major players in the region. Tanishq, Malabar Gold and Diamonds, Queelin, Wallace Chan, and others mark their presence in Asia Pacific owing to increasing consumption.
Europe is anticipated to have a substantial growth in the forecast period due to high per capita income in European countries. People have been spending high on ornaments due to high income levels.
North America has moderate growth due to the presence of many millionaires who are the prime contributors to the increasing purchase of luxurious products .
To know more about this market, please visit:
https://www.fortunebusinessinsights.com/jewelry-market-102107
Competitive Landscape
RJ Scanlan & Co. Expanded its Fine Jewelry Offering by Introducing a Range of Lux Collection
Key market players have been focusing on looks and design of jewels to meet consumers' ever-changing needs and desires. In June 2021, RJ Scanlan & Co. expanded its fine jewelry offering by introducing a range of the Lux Collection in the Australia market. The collection is crafted with gold, diamonds, color gemstones, and pearls. Every piece is customized to order and essential to environmental sustainability.
Key Industry Development
- January 2023- Tanishq entered the U.S. market by opening its first store in New Jersey. The store has about 6,500 jewelry designs in 18 and 22-karat gold and diamond.
Streetwear Market Opportunities, Key Trends, Industry Analysis, 2032
By consumergoodsindustry, 2025-07-11
Market Overview:
According to Fortune Business insights Streetwear Market size was valued at USD 325.28 billion in 2023 and is expected to be worth USD 347.14 billion in 2024 . The market is projected to reach USD 637.13 billion by 2032, recording a CAGR of 7.89% during the forecast period.
Streetwear is youth-inspired clothing that is highly popular among hip-hop enthusiasts and skateboarders. It is popular for its vibrant colors, bold logo graphics, and unconventional designs. Streetwear is also known for individual expression and synonymous with youth, rebellion, and creativity. Factors, such as the rising economic growth of various countries are projected to fuel the global market growth.
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)
Get a Sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/streetwear-market-110565
Segmentation:
Clothing Segment Dominated Market Due to Introduction of Novel Products
Based on product, the market is segmented into clothing, footwear, accessories, and others. The clothing segment accounted for the largest market share in 2023. Numerous key players are introducing novel products and partnering with influential celebrities to meet the growing demand for clothing, thereby driving the segment’s growth.
Men Segment Dominated Market Due to Prominent Players’ Focus On Expanding Their Reach
Based on end user, the market is segmented into men and women. The men's segment held the largest market share in 2023. Numerous prominent players are focusing on expanding their reach owing to the growing product demand, thereby driving the segment’s growth.
Offline Stores Segment Led Market Growth Due to Introduction of New Retail Stores Worldwide
Based on distribution channel, the market is segmented into offline stores and online stores. The offline segment held the highest share of the global market in 2023. Numerous prominent players are introducing new stores with an intent to expand their reach.
With respect to region, the market covers 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 Number of Collaborations and Rising Need for Exclusive Products to Fuel Market Growth
Growing collaborations with influential celebrities, fashion designers, and various brands will fuel the demand for casual clothing. Key players are collaborating to reach new audiences, enter niche markets, and stand out in a competitive landscape. Limited-edition products are becoming popular among consumers, especially collectors and fashion enthusiasts. Several key players are also launching limited-edition products to increase sales and expand their offerings.
However, counterfeiters have been targeting casual clothing, leading to the widespread production and distribution of fake merchandise, thereby impeding the streetwear market growth.
To know more about this market, please visit:
https://www.fortunebusinessinsights.com/streetwear-market-110565
Regional Insights:
Asia Pacific Dominated Market Due to Increasing Fashion Trends in Region
Asia Pacific led the streetwear market in 2023 and is projected to maintain its dominance during the forecast period. Asian pop culture, such as K-pop, J-pop, and C-pop has been significantly promoting fashion trends in the region. Due to the increasing product demand, numerous key players intend to expand their presence in the region. These factors are driving the region’s market growth.
North America is projected to exhibit considerable growth during the forecast period due to the growing availability of comfortable and functional clothing, such as joggers, hoodies, and sneakers.
Competitive Landscape:
Companies to Focus On Innovative Technologies to Stay Competitive
The leading companies operating in this market are increasing their focus on launching various strategies to tackle the availability of counterfeit products. They are introducing security labels that allow consumers to verify the originality of their purchases. They are also launching innovative products and establishing strategic partnerships with other firms to strengthen their market position and remain competitive.
Notable Industry Development:
October 2022: Maison Menace, a premium casual clothing brand, unveiled its new F/W 22 offering. The new collection includes plush hoodies, logo-monogrammed balaclavas, and t-shirts.
Market Overview:
According to Fortune Business Insights the Global MICE Market size was valued at USD 1,121.95 billion in 2024. The market is projected to grow from USD 1,226.07 billion in 2025 to USD 2,449.10 billion by 2032, exhibiting a CAGR of 10.39% over the forecast period. Europe dominated the MICE market with a market share of 51.61% in 2024.
MICE, an acronym for Meetings, Incentives, Conferences, and Exhibitions, represents a vital segment of the travel and tourism industry. This sector focuses on the planning and organization of various events aimed at achieving academic, professional, business, and cultural objectives. The increasing globalization has opened numerous business opportunities, including business expansion, increased revenue, and heightened business tourism worldwide, which are expected to further drive market growth.
LIST OF KEY COMPANIES PROFILED IN THE REPORT:
- ITA Group (U.S.)
- Flight Centre Travel Group Limited (Australia)
- Freeman (U.S.)
- Meetings and Incentives Worldwide, Inc. (U.S.)
- Conference Care (U.K.)
- One10, LLC (U.S.)
- BCD Meetings & Events (U.S.)
- Creative Group, Inc. (U.S.)
- Access (U.S.)
- CWT Meetings & Events (U.S.)
Get a Sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/mice-market-108653
Segmentation:
Meetings Segment Dominates Market Due to Significant Surge in Number of Corporate Events
Based on event type, the market is categorized into meetings, incentives, conventions, and exhibitions. Meetings are the dominant segment in the global market, and this dominance can be attributed to the significant surge in the number of corporate events worldwide.
With respect to region, the market covers North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Report Coverage:
The report has conducted a detailed study of the market and highlighted several critical areas, such as leading applications, event types, 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:
Increase in Tourist Arrivals and Rise in Global Business Travels to Fuel Market Expansion
The increase in tourist arrivals, coupled with a rise in global business travel, has significantly driven the MICE market growth. As per the United Nations World Tourism Organization (UNWTO), approximately 235 million tourists traveled internationally in the first quarter of 2023, more than double the number from the same period in 2022. Enhancements in infrastructure, lifestyle changes, and simplified booking processes are expected to drive market growth. Globalization and heightened promotion of tourist destinations via various social media have also amplified the number of tourists globally.
However, the market growth is impeded by factors including an increase in geopolitical tensions and political instability between nations.
Regional Insights:
Europe Led Global Market Owing to Increase in Corporate Events and Exhibitions in Region
Europe holds the leading position with a significant MICE market share. This dominance is due to the increase in corporate events and exhibitions in the region. Additionally, factors such as the advancements in the travel and tourism sector and improvements in hospitality and infrastructure are expected to contribute to the region’s market growth.
North America is projected to witness substantial expansion, driven by the integral role of MICE in the tourism industry. The increasing number of companies offering MICE services is expected to bolster market development in this region.
To know more about this market, please visit:
https://www.fortunebusinessinsights.com/mice-market-108653
Competitive Landscape:
Leading Market Players to Focus on Partnerships and Business Expansions to Strengthen Their Market Position
The market is characterized by intense competition. The leading market players include ITA Group, Flight Centre Travel Group Limited, Freeman, and others. These players are increasing their focus on technology, innovation, partnerships, and business expansions to strengthen their market position. They are also emphasizing promotion and marketing strategies to increase their brand awareness.
Notable Industry Development:
April 2023: Freeman finalized its acquisition of Impact Point Group, a nationally recognized women-owned consulting firm specializing in comprehensive strategic event services. This acquisition aims to expand Freeman’s client base and boost its revenue streams, enhancing its overall service offerings.
Indonesia Kitchen Cabinets Market Trends, Growth Potential, Outlook, 2032
By consumergoodsindustry, 2025-07-10
Market Overview:
According to Fortune Business Insights the Indonesia Kitchen Cabinets Market size was valued at USD 2.39 billion in 2024. The market is projected to grow from USD 2.55 billion in 2025 to USD 4.23 billion by 2032, exhibiting a CAGR of 7.52% during the forecast period.
A kitchen cabinet or a kitchen closet, has drawers and shelves to help individuals store items that are used daily, such as ingredients and store-bought food items. The popularity of these cabinets is spreading across Indonesia as people want to have modular kitchens in their homes.
LIST OF KEY COMPANIES PROFILED IN THE REPORT
- AluFur (Indonesia)
- Bali Interio (Indonesia)
- Boffi SpA (Italy)
- Vivere Group (Indonesia)
- Dwira Jepara Furniture (Indonesia)
- Hafele (Germany)
- Hansa Furniture Indonesia (Indonesia)
- Hanse Cabinet (China)
- Hettich (Germany)
- INTEGRA GROUP (Indonesia)
- Inter IKEA Systems B.V. (Netherlands)
- Metric (Indonesia)
- Nolte FZE (Germany)
- nobilia-Werke J. Stickling GmbH & Co. KG. (Germany)
- Oppein Home Group Inc. (China)
- PA Kitchen (China)
- Poliform S.P.A. (Italy)
- PT Surya Toto Indonesia Tbk (Indonesia)
Report Coverage:
The report has conducted a detailed study of the market and highlighted several critical areas, such as leading materials, styles, applications, categories, and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.
Get a Sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/indonesia-kitchen-cabinets-market-109932
Segmentation:
High Resistance to Wear & Tear to Boost Popularity of Wood-based Cabinets
Based on materials, the market is segmented into wood, plastic, metal, glass, and others. The wood segment is expected to dominate the Indonesia kitchen cabinets market share in the future as these cabinets offer great resistance to wear & tear and are highly durable.
Affordability of Stock Kitchen Cabinets Fueled Their Adoption
Based on category, the market is divided into stock kitchen cabinets, semi-custom kitchen cabinets, and custom kitchen cabinets. The stock kitchen cabinets segment captured the biggest market share in 2023 as these cabinets are budget friendly, making them suitable for customers wanting to renovate their homes on a small budget.
Ease of Maintenance and Durability Augmented Demand for Shaker Kitchen Closets
Based on style, the market is segmented into beaded kitchen cabinets, shaker kitchen cabinets, flat panel kitchen cabinets, wall kitchen cabinets, base kitchen cabinets, tall-standing kitchen cabinets, and others. The shaker kitchen cabinets segment is expected to dominate the market as these closets are easy to clean and maintain and have a long lifespan.
Increasing Home Renovation Activities Propelled Product Use in Residential Spaces
Based on application, the Indonesia kitchen cabinets market is categorized into commercial and residential. The residential segment dominated the market in 2023 due to the rising number of home renovation projects across Indonesia.
Drivers and Restraints:
Growing Need to Make Efficient Space Utilization to Propel Product Demand
Kitchens in Indonesia are typically small and compact, making it difficult for individuals to store large quantities of items. Kitchen cabinets can overcome this challenge by making efficient utilization of small spaces and catering to the storage requirements of users. Moreover, customers are also gaining awareness regarding the concept of modular kitchens, which will further augment the product’s use.
However, low use of these cabinets in underdeveloped areas due to their preference for ordinary kitchens with open shelves can hinder the market’s growth.
To know more about this market, please visit:
https://www.fortunebusinessinsights.com/indonesia-kitchen-cabinets-market-109932
Competitive Landscape:
Increased Focus On Launching New Stores to Help Key Market Players Increase Their Business Operations
Some of the leading manufacturers operating in this market are focusing on launching new stores across Indonesia to increase their business operations. They are also introducing new products in the market that are equipped with cutting-edge features, which will help them expand their customer base by catering to their unique storage requirements.
Notable Industry Development:
April 2022: IKEA, a Netherlands-based company offering home furnishing products, including kitchen closets and home furniture products, launched its new store in Taman Anggrek mall, Jakarta, Indonesia. The launch is predicted to expand its presence and increase product accessibility countrywide.
Market Overview:
According to Fortune Business Insights the Global Athleisure Market size was valued at USD 311.48 billion in 2023. The market is projected to grow from USD 338.48 billion i n 2024 to USD 716.05 billion by 2032, exhibiting a CAGR of 9.82% over the forecast period.
Athleisure combines athletic apparel with casual fashion, offering versatile clothing such as sweatpants, leggings, and hoodies. This trend prioritizes comfort, style, and functionality for both active and everyday wear. The pandemic has spurred demand for comfortable, versatile athleisure wear, such as oversized hoodies and leggings that can easily transition from workouts to casual or work-from-home settings.
List of Key Players Mentioned in the Report:
- Lululemon Athletica Inc. (Canada)
- Adidas AG (Germany
- Under Armour, Inc. (U.S.)
- Hanesbrands Inc. (U.S.)
- EILEEN FISHER (U.S.)
- Vuori (U.S.)
- Outerknown (U.S.)
- PANGAIA (U.K.)
- Wear Pact, LLC (U.S.)
- PUMA SE (Germany)
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.
Get a Sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/athleisure-market-110642
Segmentation:
Premium Segment to Showcase Fastest CAGR due to Rising Spending Power of Consumers
As per type, the market is fragmented into mass and premium. The premium athleisure segment is likely to grow at a fastest CAGR from 2024 to 2032, fueled by increasing consumer spending power and a rising appetite for high-end fashion in developing economies such as China, Brazil, and India.
Sweatpants and Joggers Segment to Display Fastest CAGR due to Growing Trends for Hip-Hop
In terms of product, the market is fragmented into t-shirt, hoodies, sweatshirt, and pullovers, yoga pants & leggings, sports bras, sweatpants and joggers, athletic shorts, and others. The sweatpants and joggers segment is set to grow at a fastest CAGR, driven by fitness and hip-hop cultural trends. Their comfort, fit, relaxed, and advanced features such as moisture wicking and four-way stretch make them popular for both streetwear and innerwear.
Men Segment to Record Rapid Growth due to Availability of Wide Range of Stylish Clothing
On the basis of end-use, the market is segregated into men, women, children, and unisex. The men segment is set to grow at the fastest CAGR during the forecast period, driven by the diverse range of stylish clothing that caters to both fashion and performance. This expansion reflects men’s desire for fashionable yet functional apparel for various physical activities.
Offline Segment Dominates Owing to Personalized Services Provided by Retailers
On the basis of distribution channel, the market is fragmented into e-commerce/online stores and offline. The offline segment captured the highest revenue share in 2023, due to the extensive brand selection and personalized service offered by retailers.
In terms of region, the market is categorized into Europe, North America, Asia Pacific, South America, and the Middle East & Africa.
Drivers and Restraints:
Growing Trend of Health and Wellness to Boost Market Growth
The increasing focus on health and wellness is driving demand for such products that cater to fitness-conscious consumers, seamlessly transitioning from workouts to daily activities. Moreover, as consumers prioritize active lifestyles, they seek apparels that offer comfort and functionality, contributing to the strong expansion of the market.
However, local manufacturers units producing cheaper imitations of high-quality athleisure wear lead to revenue losses for original brands, hindering athleisure market growth.
Regional Insights:
North America Holds Leading Position Owing to U.S. Market Influence
North America recorded a revenue share of 37.53% in 2023 and captured the key athleisure market share. The U.S. plays a crucial role in the regional market, driven by extensive spending on sustainable practices and innovative textiles, which positively impacts overall market performance.
The presence of major product brands such as PANGAIA and Adidas AG in Europe enhances industry growth by offering a diverse range of products that cater to the region’s evolving consumer preferences.
To get to know more about the market, please visit:
https://www.fortunebusinessinsights.com/athleisure-market-110642
Competitive Landscape:
Industry Participants Focus on Collaborations to Boost their Market Reach
The global athleisure market is highly competitive, featuring numerous renowned and domestic players. Key strategies include product innovation, differentiation, and strategic partnerships, including mergers, and acquisitions. Collaborations with celebrities such as Nitches partnership with John Lewis, in October 2021, help brands reach broader audiences and boost new product launches.
Key Industry Development:
October 2023: Bata India launched its Power Acti-Wear collection, featuring t-shirts, shorts, and tracks designed for comfort and style. The range incorporates advanced technologies such as Acti-Vent and Feather Tech to blend functionality with contemporary fashion.
Market Overview:
According to Fortune Business Insights the Global Apparel Market size was valued at USD 1,700.52 b illion in 2023. The market is expected to expand from USD 1,749.67 b illion in 2024 to USD 2,307.04 b illion by 2032, exhibiting a CAGR of 3.52 % over the study period.
The global market is an extensive and volatile sector, which includes a broad range of products from daily casual wear to high-end fashion. The surging number of the working population has bolstered the purchasing power of consumers, leading to market growth.
There was a reduction in sales of apparel, which can be attributed to the cancellations of mega celebrations and events and mass shutdown of public places and offices, as stated by the Harry Rosen head, one of Canada’s major men’s clothing retailers. Despite this, the industry is witnessing a rebound in the post-COVID-19 era and the long-term rising trend of clothing is intact due to relaxation in lockdowns across nations.
List of Key Players Mentioned in the Report:
- VF Corporation (U.S.)
- Burberry Group plc (U.K.)
- Puma SE (Germany)
- Adidas AG (Germany)
- Nike Inc. (U.S.)
- H&M Hennes & Mauritz AB (Sweden)
- LVMH (France)
- KERING (France)
- PVH Corp. (U.S.)
- Inditex (Spain)
Competitive Landscape:
Top Players Focus on Unveiling New Products to Offer Enhanced Solutions
Companies are implementing many organic and inorganic expansion strategies to get a robust foothold while competing within the industry. Some of the strategies include acquisitions, mergers, joint ventures, and others. Several companies are also focusing on launching new apparels to sustain their leadership.
Get a sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/apparel-market-110718
Segmentation:
Broad Selection of Shades to Lead to Casual Wear/Fashion Wear Segment Dominance
On the basis of type, the market is categorized into casual wear/fashion wear, formal wear, swimwear, outerwear, sportswear & activewear, agricultural work clothing/farm apparel, work wear, ethnic wear, sleepwear, and others. The casual wear/fashion wear segment is slated to occupy the largest share during the forecast period, which can be credited to the broad selection of styles, shades, sizes, and designs that depict inclusivity, allowing consumers to match their clothing as per the present fashion trends and tastes.
Huge Applications of Synthetic Materials in Workwear to Boost Segment Expansion
In terms of material, the market is classified into synthetic, cotton, wool, leather, denim, satin, and others. The synthetic segment obtained the largest apparel market share in 2023 owing to the massive applications of synthetic materials in sleepwear, workwear, activewear, sportswear, fashion wear or casual wear, and others attributed to improved features.
Rising Demand for Female Fashion to Bolster Segment Growth
In terms of end-user, the market is segregated into men, women, children, and unisex. The women segment registered the largest share in 2023 due to surging demand, which encourages retailers and designers to make women’s fashion a priority, serving the ever-changing preferences of a huge audience.
Mass Segment Dominated Attributed to Ease of Availability
On the basis of category, the market is classified into mass/economy, premium, and luxury. The mass segment captured the largest share in 2023, which can be credited to the ease of accessibility and availability, which motivates consumers to visit stores frequently, resulting in rising purchases.
Tailored Assistance Offered by Sales Executives Fuels Supermarkets/Hypermarkets Expansion
Based on distribution channel, the market is divided into supermarkets & hypermarkets, specialty stores/branded stores, department stores, online/e-commerce, and others. The supermarkets & hypermarkets segment occupied the largest market share in 2023, fueled by tailored assistance provided by sales executives present in such stores, offering suggestions for styling and complementary goods and addressing any associated concerns that further contribute to the experience.
From the regional perspective, the market is classified into Asia Pacific, the Middle East & Africa, South America, Europe, and North America.
Report Coverage
The competitive strategies deployed by leading companies to gain a competitive edge have been mentioned in the report. Besides this, it highlights the leading segments, the latest trends, and the impact of the COVID-19 pandemic on the market growth. In addition, it offers detailed insights into the key factors impacting the market growth.
Drivers and Restraints:
Millennial and Gen Z’s Consumer Consciousness to Fuel Market Expansion
The Millennial and Gen Z consumers are more concerned about the process that goes through while manufacturing clothes. This has given rise to brands catering to this idea of sustainability and making their products in an eco-friendly manner. Recycling, reselling, and reusing are the upcoming fashion trends and companies are designing their business models based on these principles.
However, the surging competition from local brands focusing on affordable pricing may pose a threat to the growth of international players.
To Get to know more about this market, please visit:
https://www.fortunebusinessinsights.com/apparel-market-110718
Regional Insights:
Asia Pacific Dominates the Market On Account of Huge Audience Base
In 2023, Asia Pacific secured the highest market share in 2023 owing to the presence of a huge audience base. The apparel market growth in the region is further driven by the quick evolution of the trend of minimalist fashion. This factor presents an opportunity for fashion brands that are popular for their elegant and simple designs to stay competitive.
North America is slated to expand significantly during the forecast period, dominated by the U.S. The advent of the athleisure trend has a positive impact on the market trends in the region. The growing demand for activewear and sportswear bolsters the market expansion at a macro level.
Key Industry Development:
May 2023: Adidas, a German sportswear brand, and South African fashion designer Rich Mnisi announced the launch of a brand blitzkrieg to show their new apparel collection emphasizing the LGBTQ community.
Luxury Watch Market Dynamics, Key Trends, Strategic Outlook, 2032
By consumergoodsindustry, 2025-07-09
Market Overview
According to Fortune Business Insights Global Luxury Watch Market size was valued at USD 53.69 billion in 2024. It is projected to grow from USD 59.97 billion in 2025 to USD 134.53 billion by 2032, exhibiting a CAGR of 12.23% during the forecast period.
A luxury watch is a high-end timekeeping device recognized for its exceptional craftsmanship, fine materials, artistic design, and symbolic value. These watches are often associated with status, heritage, and meticulous detail, with many buyers viewing them as timeless investments or collectibles. The market is evolving with trends such as the growing popularity of pre-owned luxury watches , rising product innovation, and the merging of traditional horology with smart functionalities.
Competitive Landscape
The luxury watch market is highly competitive and dominated by established global players. These companies continuously invest in innovation, craftsmanship, limited editions, and collaborations with artists, athletes, and designers. Participation in global events like Watches & Wonders Geneva enables brands to gain visibility, interact with consumers, and showcase upcoming collections.
Key Players
- ROLEX.ORG (Switzerland)
- The Swatch Group Ltd (Switzerland)
- Financière Richemont SA (Switzerland)
- PATEK PHILIPPE SA (Switzerland)
- Audemars Piguet (Switzerland)
- Seiko Watch Corporation (Japan)
- Breitling (Switzerland)
- LVHM (France)
- Richard Mille (Switzerland)
- Bell & Ross (France)
Get a sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/luxury-watch-market-104410
Market Dynamics
Growth Drivers
The demand for luxury watches is being significantly boosted by technological innovation and advanced features . Market leaders such as Rolex, Omega, and Patek Philippe are incorporating modern technologies like fast charging, ECG monitoring, heart rate tracking, and multilingual time zone displays to enhance product appeal. For instance, Rolex introduced the Oyster Perpetual Day-Date , offering weekday display in 25 languages, exemplifying cutting-edge innovation merged with classic aesthetics.
In addition, expanding product portfolios by brands like Audemars Piguet and The Swatch Group are helping reach diverse consumer segments. These watches cater to varying style preferences, wrist sizes, and functional needs, enhancing inclusivity and product accessibility. The focus on limited editions and customizable models also boosts consumer interest and brand loyalty.
Market Trends
One of the key trends shaping the market is the rise in technical sophistication across both mechanical and electronic luxury watches. Consumers are looking for smart features without compromising on elegance and heritage. Another trend is the growing popularity of pre-owned luxury watches , especially among millennials and Gen Z buyers who value affordability, sustainability, and heritage appeal.
Moreover, brand collaborations and limited edition launches aligned with international events (e.g., Olympics, Ironman Championships) are enhancing visibility and driving hype among collectors and watch enthusiasts.
Regional Analysis
Asia Pacific
Asia Pacific is the largest market , valued at USD 22.40 billion in 2024 . Rapid urbanization, expanding middle-class populations, and the rise of luxury spending in countries like China, Japan, and South Korea are major contributors. The region is also home to a growing base of collectors and enthusiasts interested in both new and vintage timepieces.
North America
North America is the fastest-growing region , driven by a high concentration of luxury boutiques in cities such as New York, Los Angeles, and Miami. The U.S. has a strong base of affluent customers who value exclusivity and customization, especially for limited-edition models.
To know more about this market, please visit:
https://www.fortunebusinessinsights.com/luxury-watch-market-104410
Recent Developments
- January 2024 : The Swatch Group introduced ocean-inspired timepieces in collaboration with Blancpain and Swatch.
- March 2023 : Patek Philippe unveiled a rose-gold Calatrava model with dual-time functionality.
The global luxury watch market is on a robust growth trajectory, driven by rising disposable incomes, increasing demand for personalized and collectible timepieces, and ongoing technological innovation. While counterfeiting remains a challenge, consumer demand for heritage, quality, and status is expected to continue propelling the market forward. With expanding digital channels and emerging markets contributing significantly, the luxury watch industry is poised for a dynamic and prosperous future.
U.S. Cosmetics Market Size, Industry Dynamics, Future Prospects, 2032
By consumergoodsindustry, 2025-07-09
Market Overview:
According to Fortune Business Insights U.S. is the largest market for cosmetic products globally. The U.S. cosmetics market size is projected to record 6.01% CAGR during the forecast period. The global market is estimated to grow from USD 335.95 billion in 2024 to USD 556.21 billion by 2032.
Consumers are showing a growing preference for cosmetic products as awareness around personal grooming and skin hygiene continues to rise. Skincare and beauty solutions are no longer limited to women, with a significant increase in male consumers embracing regular grooming routines. The global rise in the number of working women has also fueled demand for premium and luxury cosmetic brands, contributing to increased market spending. At the same time, heightened environmental consciousness is prompting consumers to opt for products with minimal environmental impact. In response, cosmetic companies are investing heavily in sustainable, eco-friendly packaging solutions. These evolving consumer preferences are set to propel the growth of the U.S. cosmetics market in the coming years.
LIST OF LEADING ORGANIZATIONS PROFILED IN THE REPORT
- L’Oréal Professional (France)
- Unilever (U.K.)
- Procter & Gamble (U.S.)
- Henkel AG & Co. KgaA (Germany)
- Revlon, Inc. (U.S.)
- Shiseido Co., Ltd. (Japan)
- Coty Inc. (U.S.)
- Natura & Co. (Brazil)
- Kao Corporation (Japan)
- Revlon, Inc. (U.S.)
Get a Sample of this Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/u-s-cosmetics-market-108012
In terms of category, the market is divided into hair care, skin care, makeup, and others.
Based on gender, the market is bifurcated into men and women.
In terms of distribution channel, the market is segmented into specialty stores, hypermarkets/supermarkets, online channels, and others.
Report Coverage:
This report provides both quantitative and qualitative insights into the U.S. cosmetics industry, offering a comprehensive analysis of market size and growth rates across various segments. It delves into the competitive landscape, key market dynamics, and future industry outlook. Additionally, the report includes detailed assessments of product pricing trends, procedure volumes, pipeline developments, regulatory frameworks across major countries, and the impact of COVID-19. It also highlights notable industry events such as new product launches, mergers, acquisitions, and strategic partnerships.
Drivers and Restraints:
Rising Influence of Social Media to Drive Product Demand
The cosmetics and personal care sector in the U.S. is undergoing significant transformation, largely driven by the younger generation’s engagement with social media. Platforms like Instagram, TikTok, and YouTube are shaping beauty trends and encouraging consumers to recreate popular looks, thereby fueling product demand. In response, beauty brands are adopting cutting-edge technologies to redefine cosmetic applications, which is leading to evolving consumer preferences and innovative product offerings.
However, the market faces a key restraint: the extended use of synthetic cosmetic products can lead to skin irritation and other dermatological issues. These concerns may deter some consumers and pose challenges to sustained market growth.
To know more about this market, please visit:
https://www.fortunebusinessinsights.com/u-s-cosmetics-market-108012
Competitive Landscape:
The key players accounting for a sizable U.S. cosmetics market share include Kao Corporation, P&G, L'Oréal S.A., Revlon, Inc., the Estée Lauder Companies, and Coty Inc. These organizations are investing a lot of money in their R&D activities and programs to make innovative cosmetic products and gain a competitive edge in the market. They are also initiating promotional events and campaigns to improve their brand value and exhibit their product ranges to expand their customer base.
Key Industry Development:
November 2022: Avon collaborated with Perfect Corp. to create and introduce a virtual try-on online shopping experience for its customers. Through this launch, consumers can try a wide range of makeup products over online portals using the AI-based power technology developed by Perfect Corp.



