Market Overview

According to Fortune Business Insights, the Global   Luxury Apparel Market Size   was valued at USD 59.87 billion in 2022 and is projected to reach a valuation of USD 63.00 billion in 2023. The market is expected to reach USD 93.10 billion by 2030 with a CAGR of 5.74% during the forecast period.

Known for their uniqueness and innovative designs, luxury fashion companies allow people to showcase their style and give them a chance to stand out from the crowd. These brands have been focusing on offering personalized shopping experiences to their consumers. Augmented demand for high-quality and premium apparel products is set to drive market growth.

List of Key Players Profiled in the Market Report: -

• Gucci (Italy)
• Prada S.p.A. (Italy)
• Dior SE (France)
• Ralph Lauren Corporation (U.S.)
• Armani S.p.A. (Italy)
• Chanel (U.K.)
• Burberry (U.K.)
• LVMH (France)
• Dolce & Gabbana (Italy)
• Valentino S.p.A. (Italy)

COVID-19 Impact:

Travel Restrictions Affected   Market Revenue as   Market Stifled amid Pandemic

The pandemic negatively impacted the market for luxury apparel due to the imposition of lockdowns. The market witnessed changes in consumer behavior, production, and market landscape. It also disrupted the global supply chains, negatively impacting production and manufacturing activities. Travel restrictions affected the revenue of the luxury brands as airport and duty-free store sales witnessed a decline.

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Segmentation

Variety of Benefits Offered Boosts the Demand in the Topwear Segment

On the basis of product type, the market has been separated into topwear, bottomwear, and others. The topwear segment has been leading the market as it can be versatile in nature and can be molded into numerous types of styles and outfits. The segment led the market in 2022 by capturing a substantial 46.33% share of the global market.

Diversity Offered in the   Clothing Categories Propels the Demand in Female Segment

Based on the end-user, the global market has been divided into male and female. The female segment has been dominating the market as the fashion industry strongly focuses on female fashion. The diversity in the product offering for females creates and attracts a wider consumer base and subsequently leads to higher demand.

Offline Segment to Lead Due to Various Benefits Offered by the Distribution Channel

Based on distribution channel, the market has been segmented into offline and online. The offline distribution channel is estimated to lead the market as these stores allow the consumers to touch, feel, and try on the stores’ garments and have a tactile shopping experience.

Based on geography, the market is segmented into Asia Pacific, North America, Europe, South America, and the Middle East & Africa.

Report Coverage

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Drivers and Restraints

Growth in the Demand for High-Quality and Premium Apparel Products to Drive Market Growth

Increasing demand for high-quality and premium apparel products is set to drive the luxury apparel market growth. The term luxury apparel is often associated with highest craftsmanship and quality. People seek garments made from finest materials and that can last long, this attracts consumers to luxury brands. Luxury brands offer superior fit and comfort owing to the attention to detail that goes into designing and tailoring.  

However, the presence of various low priced clothing brands and fast fashion retailers are hampering the market growth.  

Regional Insights

Europe Leads Owing to Region’s History in   Craftsmanship and Luxury Fashion

Europe held the largest part of the global luxury apparel market share in 2022, as the region is known for its rich history in terms of craftsmanship and luxury fashion. The region is home to numerous iconic luxury brands which originated from France, the U.K., and Italy. These iconic brands are known to produce high-quality luxury apparel. The market was valued at USD 20.50 billion in 2022.

Asia Pacific has been experiencing an increase in economic growth, which has led to an expansion of consumers' financial capacity to invest in luxury clothes.

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Competitive Landscape

Market Players Have Been Offering Omnichannel Experience to Reach Global Audience

The competitive landscape of the luxury apparel sector is characterized by the increasing adoption of e-commerce platforms so as to appeal and reach a global audience. Luxury brands have been integrating online and offline channels in order to offer omnichannel shopping experiences, providing both in-store and online experiences.

Key Industry Development

• January 2022-   Ralph Lauren launched a new product innovation called the RLX CLARUS Polo Shirt. The product debuted at the Australian Open 2022 and showed groundbreaking innovation and sustainability.

According to Fortune Business Insights, the “ Home Renovation Market ” 2025 analysis based on the following topics: The report offers a comprehensive analysis of the industry, covering market size, share, growth trends, segmentation, leading manufacturers and developments, key trends, market drivers, restraints, regulatory frameworks, distribution channels, emerging opportunities, strategic initiatives, and potential roadmaps, along with annual forecasts through 2032. Leverage reliable data and insights from the Report 2025–2032 to accelerate your business growth with confidence.

The global home renovation market size valued at USD 1,994.02 billion in 2024. The market is projected to grow from USD 2,049.25 billion in 2025 to USD 2,659.60 billion by 2032, exhibiting a CAGR of 3.79% over the forecast period.

Top Key Players In The Industry

• Power Home Remodeling
• KB Home
• Vinci SA
• ABC Supply Co., Inc.
• Builders FirstSource Inc.
• Larsen & Toubro Ltd
• China State Construction Engineering Corporation
• Skanska AB
• Kohler
• Obayashi Corporation
• Others

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Reasons to Buy This Report:

• Detailed analysis of factors, barriers, opportunities and challenges affecting market growth.
• Monitoring important developments in the industry such as new product launches, agreements, mergers and acquisitions, geographic expansions and joint ventures.
• Identifying the restraining and strengthening factors in the market.

Comprehensive Overview of the Global Home Renovation Market

This report provides an in-depth analysis of the global  Home Renovation Market . It includes quantitative and qualitative analysis by manufacturer, region, country, type, and application. In line with the ever-changing market dynamics, the report covers the competitive landscape, supply and demand trends, and key factors driving the changing demands in the industry.

Introduction to Marketing Framework:

• Marketing Strategy and Implementation Steps
• Evaluation of market development with development trends, competition analysis, supply-demand balance, annual growth rates, competition comparisons, supplier profiles, CMI quadrant and other important analyses
• Presentation of regional and country-based special reports depending on demand
  Analysis of fast-growing regions and potential and niche segments Analysis of market size (historical data and forecasts), Total Addressable Market (TAM), Serviceable Current Market (SAM), Serviceable Available Market (SOM), market dynamics, technological developments, competition landscape and leading players (innovators, new ventures, market followers and leaders)

Key Questions:

• How are sales, production, consumption, import and export trends shaped in the global market (North America, Europe, Asia-Pacific, South America, Middle East and Africa)?

• Who are the leading manufacturers in the sector?
• What are the current capacity, production volume, sales performance, pricing, policies, costs, gross profit rate and revenue levels?
• What are the major risks and opportunities faced by the market?

Key Offerings:
• Market Size, Trends and Revenue-Based Forecasts
• Market Dynamics – Leading Trends, Growth Drivers, Barriers and Investment Opportunities
• Market Segmentation – Detailed Analysis by Low-Floor Light Rail Vehicles, High-Floor Light Rail Vehicles, Urban Light Rail Vehicles, Connected Cities and Regions
• Competitive Landscape – Leading Suppliers and Other Key Players

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This research report serves as a valuable resource for stakeholders looking to make informed decisions and capitalize on growth opportunities within [sector/industry]. By understanding market trends and consumer behavior, businesses can adapt their strategies to drive innovation and ensure sustainable growth.

Key Industry Development:

• December 2024:  Builders First Source, Inc., a prominent player in the Building Products industry, announced the signing of a definitive agreement to acquire Alpine Lumber Company. Through this acquisition, the company has strongly expanded its footprint in the New Mexico and Colorado markets.

Market Overview

According to Fortune Business Insights, The global  Travel Accommodation Market Size   was valued at USD 786.10 billion in 2023. It is projected to grow from USD 879.02 billion in 2024 to USD 1.93 trillion by 2032, exhibiting a CAGR of 10.39% during the forecast period.

Travel accommodation comprises commercial settings, including hostels, resorts, vacation rentals, and hotels, where travelers halt for the duration of their outings. They provide numerous services for guests, such as massages, toiletries, laundry service, food service, and parking. Increased need for travel accommodation facilities due to a rising trend of spending holidays at gorgeous locations, especially among youth, is fostering market expansion.

List of Key Players Profiled in the Market Report

• Marriott International (U.S)
• Hyatt Hotels Corporation (U.S)
• IHG Hotels & Resorts (U.K)
• Emaar Hospitality Group (UAE)
• Accor S.A. (France)
• Awaze Vacation Rentals Ltd (U.K)
• Hilton (U.S)
• OYO Rooms (India)
• Cygnett Hotels & Resorts (India)
• Four Seasons Hotels Limited (Canada)

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Segments

Hotels to Lead the Market Due to Their Easy Availability

By type, the market is classified into hotels, resorts, hostels, vacation rentals, and others. Hotels are expected to lead the travel accommodation market share in the coming years due to their easy availability. They are normally situated in main locations, including near transportation centers and town areas. Hotels are gaining traction with the service offerings for both business and holiday travelers.

Increased Travelers' Preference for Reasonable Accommodation Assisted Economy Segment Expansion

On the basis of price point, the market is categorized into economy, mid-range, and luxury. The economy segment commanded the market due to rising middle-class consumers’ inclination toward economic accommodation services. These conveniences save the travelers' accommodation prices during trips as they offer basic utilities, including food and clean rooms.

Increased Preference for Exciting and Fun Activities by Younger Generation to Propel the Demand for Leisure Tourism

In terms of application, the market is divided into leisure, professional, and others. The leisure segment is set to rule the market over the projected period as many people arrange trips to unwind themselves from the daily hustle. The younger generation's increased preference for exciting and fun activities is driving the demand for leisure tourism.

Growing Focus on Price and Service Comparison Offered by Accommodation Services to Boost the Adoption of Online Travel Agencies

Based on the mode of bookings, the market is segregated into direct bookings, online travel agencies, tour operators, and others. Online travel agencies led the global market as they support travelers in price and service comparison offered by several travel accommodation services. Online travel agencies are gaining traction among consumers due to their easy use and convenience.

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

Report Coverage

The market research report presents a complete market examination, highlighting essential elements, including the competitive environment and noticeable product categories. Furthermore, the report provides valuable insights on market trends and significant industry developments. Apart from the factors above, the report includes several aspects that have fostered market expansion in recent times.

Drivers and Restraints

Rise in the Introduction of New Online Hotel Booking Services to Propel Market Growth

There is an increase in hotel, hostel, and resort bookings through online sources, including hotel websites, online booking platforms, and vacation rental portals. Many people highly prefer online booking sources as they offer price comparisons, check availability, and save time. These platforms also focus on offering promotional discounts and deals on special events and holiday seasons. An increase in the introduction of new online hotel booking services and rising online accommodation booking throughout countries are fostering market growth

Nevertheless, substantial investment costs are impeding the travel accommodation market growth.

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Regional Insights

Rise in Tourism Augmented Market Growth in Europe

Europe commanded the global market due to a rise in tourism across European countries, including France, the U.K., Italy, and Germany. The existence of several gorgeous locations is boosting market expansion.

Market growth in North America is attributed to the rising number of travelers in the U.S. and Canada and the increasing number of visitors across different accommodation amenities.

Competitive Landscape

Key Players Offer Enhanced Facilities to Boost Their Market Share

With several economies, mid-scale, and large-scale travel accommodation companies, the market is extremely competitive. Key players focus on offering enhanced facilities to boost their market share. They provide numerous services, such as the best food offerings, to improve customers' booking experience and increase their customer base.

Key Industry Development

• August 2024:  An Indian hotel business, The Swosti Group, declared ideas to inaugurate its new five-star resort in Puri, Odisha, India. This resort will include 125 rooms, luxury suites, an infinity swimming pool, a restaurant, spa, gym, sky lounge bar, and conference halls.

Market Overview

According to Fortune Business Insights, The global  Hand Sanitizer Market Size   was valued at USD 2.93 billion in 2023 and is projected to grow from USD 3.01 billion in 2024 to USD 4.24 billion by 2032, exhibiting a CAGR of 3.80% during the forecast period. 

Hand sanitizer has emerged as a highly popular and widely adopted trend, driven by the growing emphasis on health and hygiene in the face of increasing infectious disease outbreaks. Its rising popularity can be attributed to its time efficiency, powerful antibacterial properties, convenient portability for travel purposes, and gentle impact on the skin. 

Major Players Profiled in the Report:

• The Clorox Company (U.S.)
• The 3M Company (U.S.)
• Byotrol (U.K.)
• Henkel AG & Co. KGaA (Germany)
• Vi-jon Inc.(U.S.)
• GOJO Industries, Inc. (U.S.)
• Kutol Products Company, Inc. (U.S.)
• The Procter & Gamble Company (U.S.)
• Artnaturals (U.S.)
• Unilever PLC (U.K.) 

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Segments

Wide Dispersion and Efficient Application Sets Gel Segment Apart

Based on product form, the market is divided into gel, spray, foam, and others. With its superior ability to disperse evenly across the entire palm using smaller quantities, the gel segment emerges as the frontrunner, surpassing other segments.

Rising Demand for Alcohol-based Sanitizers due to Unmatched Effectiveness

By type, the market is segmented into alcohol-based sanitizer and alcohol-free sanitizer.
Alcohol-based sanitizers are expected to experience increased demand as they possess unparalleled efficacy in eliminating germs, bacteria, and viruses.

Vital Role of Hand-Sanitizers in Controlling Disease Dominates Hospital Segment

By end-user, the market is divided into schools, restaurants, hospitals, households, office buildings, and others. Hospitals segment is poised to be the prevailing segment, primarily driven by the constant interaction of healthcare professionals, including doctors, nurses, technicians, and others, with patients who are more susceptible to contagious diseases.

From the regional ground, the market is segmented into the U.S., Canada, and Mexico.

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. 
• Latest industry developments include product launches, partnerships, mergers, and acquisitions.

Drivers and Restraints

Smart Dispensers and Portable Sprays Redefine Hand Sanitization

Manufacturers are leading the way in product innovation by introducing cutting-edge solutions such as smart hand-sanitizer dispensers. These advanced dispensers offer enhanced safety, simplicity, and reduced risk of disease transmission. For instance, Canadian brand Origen has developed a pocket spray hand-sanitizer containing 70% isopropyl alcohol, striking the perfect balance between effectiveness and portability, making it convenient for users to carry it with ease.

However, abundance of alternative products such as liquid hand wash, bar soap, cleansing cream, and various other options pose a restraint on the North America hand sanitizer market growth.

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Country Insights

U.S. Takes the Lead Fueled by Pandemic Impact and Commitment to Stringent Protocols

The U.S. emerged as the dominant country in the region, bearing the brunt of the coronavirus outbreak. Research laboratories in the U.S. have diligently adhered to rigorous disinfection and sanitization protocols, playing a crucial role in preventing the inadvertent spread of diseases.

Canada is expected to capture a notable market share, driven by the country's strong emphasis on healthcare.

Competitive Landscape

Large Players Shifting Toward Organic/Natural Sanitizers to Accelerate Product Growth

There is an increasing number of manufacturers transitioning toward producing and manufacturing natural/organic-based hand-sanitizers. These products are known for their skin-friendly properties and contain fewer harmful chemicals. This shift toward natural and organic formulations is anticipated to significantly contribute to the North America hand sanitizer market share.

Key Industry Development

• April 2023:  SK Capital Partners, LP. acquired Apotex Pharmaceutical Holdings Inc. to expand its presence in the Canada hand sanitizer manufacturing industry.

Market Overview:

According to Fortune Business Insights, The Global  Perfume Market Size   was valued at USD 50.46 billion in 2024. The market is projected to grow from USD 53.04 billion in 2025 to USD 77.53 billion by 2032, exhibiting a CAGR of 5.57% during the forecast period. Perfumes are pleasant smelling solutions made by using oils, fragrances, and other ingredients to create a pleasing aroma. Increasing demand for high-quality beauty and grooming products globally is expected to boost the market growth. 

List of Key Players Profiled in the Report

• L’Oréal S.A.(France)
• Unilever Plc (U.K.)
• Coty Inc. (U.S.)
• The Proctor and Gamble Co. (U.S.)
• The Estee Lauder Companies Inc. (U.S.)
• Natura & Co. (Brazil)
• Avon Products Inc. (U.S.)
• Puig SA (Spain)
• Revlon Inc. (U.S.)
• Chanel Limited (France)
• Shiseido Company Limited (Japan)
• Beiersdorf AG (Germany)

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Segments:

Perfume Segment to Lead Owing to its High Fragrance Concentration

Based on type, the market is segmented into perfume, eau de perfume, eau de cologne, eau de toilette, and eau fraiche. Among these, the perfume segment accounted for the largest market share in 2022 owing to its durability, high fragrance concentration, and high percentage of essential oils as compared to alternatives.

Mass Segment to Dominate Due to Economical Price

As per product, it is bifurcated into premium and mass. Among these, the mass segment led the market in 2022 stoked by surging demand across various regions and economical costs of products.

Women Segment to Hold Major Share Backed by Rising Spending Power on Cosmetics

According to end-user, it is classified into women and men. Among these, the women segment captured the largest global market share owing to surging demand for organic and sustainable fragrances from women for grooming purposes. Moreover, rising expenditure on cosmetics by women will further propel segment growth.

Online Segment to Capture Significant Share Owing to Launch of Various Online Shopping Platforms

By distribution channel, it is categorized into offline and online. Among these, the online segment captured a significant market share in 2022 due to rising consumer inclination toward online shopping. Moreover, the introduction of the online shopping platforms such as Amazon, Parfumdreams, Flipkart, and others is attracting customers to buy the required products online, thus boosting segment proliferation.

Regionally, the global market is fragmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. 

Report Coverage:

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Drivers and Restraints:

Announcement of Innovative Solutions to Bolster Market Growth

Manufacturers focus on providing excellent and innovative fragrance solutions to consumers to enhance their experience. The incorporation of strong flavors and oils eliminates odors and boosts the scent's shelf-life. Companies launch different fragrance solutions utilizing artificial intelligence technology that satisfies the fragrance preferences of consumers. For example, SEPHORA, LVMH announced ‘MAISON 21G’ in April 2021. It is an innovative AI-powered solution aimed at satisfying consumer's fragrance preferences. Further, the adoption of online retail is likely to fuel product demand globally. Online retail offers consumers an enormous choice that shall satisfy their demand for aromatic fragrances and boost convenience. These factors are likely to drive the perfume market growth. 

However, high research & development costs and uncertain consumer behavior may hinder market progress in the forecast period.

Regional Insights:

Rising Demand for Premium Products to Foster Market Growth in North America

North America is projected to dominate the perfume market share due to rising demand for premium consumer products. Evolving consumer preferences and rising spending capacity are likely to boost the product demand. In addition, increasing the standard of living in Canada, Mexico, and the U.S. is expected to boost the market growth.

In Asia Pacific, increasing disposable income, young population, and rising awareness regarding the benefits of the product are likely to fuel the product demand. Additionally, rising demand for premium brands is expected to boost market progress.

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Competitive Landscape:

Prominent Companies Incorporate Expansion Strategies to Expand their Market Reach

Several manufacturers globally aim to provide innovative products to consumers to satisfy their demand. For example, Givaudan introduced a creative scent technology named ‘VivaScentz’ in June 2020 to satisfy consumer demand for different scent categories.

Key Industry Development:

January 2023:  The Estee Lauder Companies Inc. recently launched Beautiful Magnolia L'Eau, a new fragrance for women. The newly launched product will increase the company's product depth and enhance the profit margin.

Market Overview:

According to Fortune Business Insights Global   Luxury Travel Market   size was valued at USD 2,509.71 billion in 2024. The market is projected to grow from USD 2,716.76 billion in 2025 to USD 4,827.68 billion by 2032, exhibiting a CAGR of 8.56% over the forecast period.

The United Nations World Tourism Organization (UNWTO) quotes more than 975 million tourists to have traveled internationally over January to September 2023, a 38% rise over the same period in the previous year. This indicates a surge in the number of international tourists, which is a vital factor anticipated to open doors to lucrative opportunities for luxury travel industry players. These travel services are centered on offering enhanced privacy options, exclusivity, personalized services, and luxurious comfort to travelers through high-end accommodations and luxury cruise and safaris.    

However, the market recorded a significant impact during the COVID-19 pandemic with the enforcement of lockdown restrictions and the adoption of remote work culture. The year 2020 depicted a loss of more than 74% in international tourist arrivals, cites the UNWTO.

List of Key Players Mentioned in the Report:

• NUBA (Spain)
• Abercrombie & Kent (U.S.)
• Black Tomato (U.S.)
• Quintessentially Travel Ltd (U.K.)
• Trip Concierge (U.S.)
• The Q Experiences (India)
• The Luxury Travel Agency (Canada)
• Nomad Hill (U.S.)
• cazenove+loyd (U.K.)
• Scott Dunn (U.K.)
• Lindblad Expeditions (U.S.)

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Segmentation:

Leisure Segment Accounted for Major Share with Rising Disposable Income

Based on purpose, the market is subdivided into leisure and business. In 2024, the leisure segment garnered a dominant share in the global market with the rising popularity of experiential travel and the escalating disposable income across various regions.  

Domestic Segment Recorded Key Share Owing to Soaring Popularity of Short Trips

On the basis of passengers, the luxury travel market is fragmented into domestic and international. The domestic segment accounted for a leading market share in 2024 considering the mounting popularity of short trips and weekend gateways.

Non-High Net Worth Individuals Segment Held Major Market Share Impelled by Surging Disposable Income

By target clientele, the market is bifurcated into high net worth (HNW) individuals and non-high net worth individuals. In 2024, the non-high net worth individual’s segment recorded a key share in the global market driven by the escalating disposable income among the middle-class population.

Airfares & Lodging Segment Registered Prominent Share Fostered by Soaring Number of Luxury Hotels

On the basis of type, the market is divided into airfares & lodging, culinary, cultural activities, and others. The airfares & lodging segment recorded a major luxury travel market share in 2024 owing to the rising number of luxury hotels and the escalating availability of luxury airlines.

Based on geography, the market has been studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.  

Report Coverage:

The report offers an account of the key industry trends and an analysis of the market on the basis of purpose, passengers, target clientele, type, and geography. It further provides the various strategies adopted by leading market participants to gain a strong industry foothold and also sheds light on the potential opportunities for investment.  

Drivers and Restraints:

Market Value to Embark on an Upward Trajectory Owing to Favorable Government Policies

A rise in government initiatives such as collaborations with luxury brands, tourism events, and advertising campaigns is touted to foster luxury travel market growth over the coming years. Besides, government bodies are also depicting a rising inclination toward infrastructure investments, including destination developments, private and charter-friendly airports, and heritage & cultural restoration projects, which is poised to augur well for industry expansion.

However, consumers looking for sustainable travel options exhibit a high awareness of the increasing carbon footprint associated with cruises, charters, and private jets, creating challenges for the market.   

Regional Insights:

North America Recorded Major Share Owing to Surging Popularity of Customized Itineraries

The escalating popularity of customized itineraries and rising disposable incomes are poised to drive the market expansion in North America. The regional market accounted for a leading market share in 2024 considering the presence of major players.

The Asia Pacific market is anticipated to record significant growth considering the soaring number of high-net-worth individuals across Singapore, India, and China. In 2023, China stood second as the country with the highest number of billionaires (406), states Forbes.

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Competitive Landscape:

Pivotal Players Emphasize Personalized Experiences to Diversify their Portfolios

Major market players are centered on the launch of personalized experiences for diversifying their luxury travel portfolios. They are also leveraging their brand presence for gaining a competitive edge in the global market.

Key Industry Development:

May 2024 –   America’s leading luxury travel industry Trip Concierge announced the launch of Trip Concierge Luxury Cruises. The new team for luxury cruise customers in the U.S. would offer additional services for post and pre land tours and a dedicated travel expert for every guest.

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.

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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.

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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, Global   Lab Grown Diamond Market   size was valued at USD 22.79 billion in 2023. The market is projected to grow from USD 25.89 billion in 2024 to USD 74.45 billion by 2032, exhibiting a CAGR of 14.11% during the forecast period.

Manufactured through CVD or HPHT methods, lab grown diamonds offer controlled quality and are created in just a few months, contrasting with the long formation time of natural diamonds. The manufacturing of such products consumes limited electricity, which can come from renewable resources, and involves no harmful chemicals. This energy-efficient process appeals to environmentally aware buyers, boosting product demand.

List of Key Players Mentioned in the Report:

• Mini Diamonds (India)
• WD Lab Grown Diamonds (U.S.)
• De Beers Group (U.K.)
• Solitario (India)
• Adamas One Corp (U.S.)
• Diamond Foundry Inc. (U.S.)
• Element Six UK Ltd (U.K.)
• Henan Huanghe Whirlwind Co., Ltd (China)
• Diam Concept (France)
• ABD Diamonds (India)

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Segmentation:

HPHT Segment Dominated owing to   Preferred HPHT Method

As per manufacturing method, the market is divided into CVD and HPHT. In 2023, the HPHT segment held the key lab grown diamond market share. HPHT is favored for producing superior diamonds due to its similarity to natural diamond creation, resulting in enhanced clarity and color compared to CVD. 

Up to 2 Carat   Segment Dominates due to their Affordability

As per size, the market is fragmented into up up to 2 carat, between 2 & 4 carat, and above 4 carat. The up to 2 carats segment dominates the market due to their affordability and popularity in wedding and engagement rings, which are favored for their daily wearability and manageable size.

Colorless Segment Led due to Quality and Value

On the basis of nature, the market is categorized into colorless and colored. Colorless lab-grown diamonds held the apex position in the market in 2023, favored for their quality and value. Their broad application across various industries bolsters segment growth.

Industrial Segment Dominated due to Various Industrial Applications

As per application, the market is bifurcated into industrial and fashion. The industrial segment held the dominant lab grown diamond market share. The industrial segment's growth is driven by the extensive use of lab-grown diamonds in electronics, semiconductors, and research. Their hardness and suitability for tools, machinery, and drilling applications boosts its demand.

In terms of region, the market is categorized into Europe, North America, the Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report offers a comprehensive analysis of the global market, covering competition, regional trends, manufacturing methods, market size, and applications. It also highlights key industry developments and additional factors driving recent market growth.

Drivers and Restraints:

Increasing Demand for Lab-Grown Diamond Jewelry to Boost Market Growth

Lab grown diamonds jewelry offers a more affordable alternative to natural diamonds, making it accessible to middle-income consumers. The wide variety of jewelry options, including earrings, necklaces, and rings, further caters to diverse consumer preferences, driving lab grown diamond market growth. Moreover, celebrity endorsements and the efforts of key players such as Limelight Diamonds and Syndiora to offer a broad range of lab-grown diamond jewelry are accelerating product adoption. This trend enhances consumer interest and boots global sales.

However, the availability of natural diamonds and other precious gemstones, such as emeralds and sapphires, hampers product sales due to their superior aesthetic beauty and durability, which attract consumer preference.

Regional Insights:

Asia Pacific Dominates the Market Owing to   High Manufacturing Activity

Asia Pacific leads the global market due to extensive manufacturing of high-quality man made diamonds in countries such as China and India. This robust production capability supports the region’s dominant position in the market.

In 2023, North America secured the second largest market share for lab-grown diamonds, driven by increased consumer disposable income and heightened investment interest in the U.S. and Canada. The burgeoning automotive and electronics sectors are anticipated to further boost demand.

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Competitive Landscape:

Industry Participants Focus on Collaborations to Boost Sales

Key players in the lab grown diamond industry offer a range of shapes, colors, and carat options to meet diverse consumer needs and boost sales. Companies are also focusing on brand collaborations, consumer education on the benefits of lab-grown diamonds, and business expansion. For example, Ayaani Diamonds opened a new store in Bandra West, Mumbai, in February 2024.

Key Industry Development:

April 2024-   Solitario, an India-based lab-grown diamond company, opened its 15th store in Chennai at Phoenix Marketcity, covering 600 sq. ft.

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.

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.

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.)

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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.

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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 Global  Activewear Market Size   was valued at USD 320.91 billion in 2024. It is projected to grow from USD 345.79 billion in 2025 to USD 605.89 billion by 2032, exhibiting a CAGR of 8.34% during the forecast period.

An increasing number of individuals are participating in outdoor and recreational activities every year to maintain optimum levels of health and fitness. They are increasing their spending on high-quality fitness apparel to enhance their comfort while working out or participating in sporting events. This factor is expected to boost the sales of activewear in across the world.

Competitive Landscape:

Key Companies to Focus On New Product Launches and Partnerships to Dominate Market

The global activewear market is highly competitive as a few of the domestically and internationally renowned brands are dominating this market. They are introducing new products and entering partnerships with their competitors to expand their product range and global footprint.

List of Key Players Profiled:

• Nike, Inc. (U.S.)
• ASICS Corporation (Japan)
• Under Armour, Inc. (U.S.)
• ADIDAS AG (Germany)
• New Balance (U.S.)
• Skechers USA., Inc. (U.S.)
• Columbia Sportswear Company (U.S.)
• PUMA SE (Germany)

Drivers and Restraints:

Rising Integration of Innovative Technologies to Spur Market Growth

The fitness needs of people across the world are constantly evolving, with many of them seeking smart apparel that is integrated with cutting-edge technologies. This factor has encouraged key market players to incorporate next-gen technologies into their products to improve their performance and fulfill customers’ unique fitness needs. Rising disposable incomes have also motivated customers to invest in high-end and technologically advanced activewear, which will further accelerate the global activewear market growth.

However, the fashion industry has been one of the largest contributors of greenhouse gases, which has increased the risk of climate change. This factor can dissuade customers from buying apparel that are not sustainably produced, thereby impeding the market’s progress.

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Segmentation:

Wide Range of Design and Size Options Fuels Demand for Activewear Apparel

Based on product, the global activewear market is segmented into apparel, footwear, and others. The apparel segment is dominating the global activewear market share as these clothes come in a vast variety, offering a wider range of options for customers to choose from.

Increasing Focus On Health & Wellbeing Boosts Product Popularity Among Females

Based on end-user, the market is segmented into male and female. The female segment dominates the global market as more women are taking interest in enhancing their overall health and wellbeing.

Lucrative Advantages Offered by Offline Stores Makes Them Preferred Distribution Channels

Based on distribution channel, the market is segmented into offline and e-commerce/online stores. The offline segment dominates the global activewear market as these distribution channels offer a wide range of benefits, such as giving customers the freedom to physically inspect the product and facilitating a smooth product return cycle.

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 leading distribution channels, end-users, 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.

Regional Insights:

North America Dominates Global Market Due to Rising Number of Fashion-Conscious Customers

North America is dominating the global market as the region’s millennials and the Gen Z population are quite fashion-conscious and looking for functional wear that is comfortable and fashionable.

Asia Pacific is predicted to record the fastest CAGR during the forecast period as countries, such as India and China have a large population and many of them are increasing their focus on their health and wellbeing.

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Notable Industry Development:

• March 2024:  Columbia Sportswear Company, a U.S.-based manufacturer and distributor of footwear, athletic wear, ski apparel, camping equipment, and other outdoor accessories, announced the opening of its new store in Ahmedabad, India.