Market Overview:

According to Fortune Business Insights, global   pet care market   size was valued at USD 246.66 billion in 2023 and is projected to grow from USD 259.37 billion in 2024 to USD 427.75 billion by 2032, exhibiting a CAGR of 6.45% during the forecast period.

North America dominated the pet care market with a market share of 33.81% in 2023. Moreover, the pet care market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 116.14 billion by 2032, driven by rising popularity of pet ownership to intensify market size growth.

List of Key Players Mentioned in the Report:

• Mars Incorporated (U.S.)
• Nestle S.A. (Switzerland)
• Spectrum Brands Inc. (U.S.)
• Diana Group (Thailand)
• The J.M. Smucker Company (U.S.)
• Unicharm Corporation (Japan)
• Hill’s Pet Nutrition, Inc. (U.S.)
• SCHELL & KAMPETER, INC (U.S.)
• Tiernahrung Deuerer GmbH (Germany)
• Heristo AG (Germany)

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Segmentation:

• Pet Food Segment to Record Substantial Growth Impelled by Rising Demand for Nutritious Items

By product type, the market is segmented into veterinary care, pet food products, and others. The pet food segment is expected to expand at an appreciable pace throughout the study period. The surge can be attributed to the increasing demand for nutritious and tasty food items for meeting the daily feeding requirements of pets. 

• Dog Segment to Register Considerable Expansion Owing to Healthy Nature of Products

Based on pet type, the market is categorized into cat, dog, and others. The dog segment is estimated to register substantial growth over the projected period. The growth is driven by the healthy nature of products and the happier nature of dogs.

• Offline Segment to Gain Traction Driven by Extensive Availability of Products at Various Stores

On the basis of distribution channel, the market is fragmented into online and offline segments. The offline segment is estimated to record considerable expansion over the study period. The escalation is propelled by the growing availability of pet supplies and rising infrastructural settings associated with pet stores.

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

Report Coverage:

The report provides an account of the vital factors boosting the global business landscape throughout the forecast period. It further gives an analysis of the major trends propelling the overall business scenario over the projected period. Additional aspects include merger agreements, acquisitions, and the launch of numerous solutions.

Drivers and Restraints:

Market Expansion Favored by Increasing Government Spending

Pet care market growth is being impelled by an escalation in spending on pet products such as grooming, healthcare, food, and others. The rise is due to increasing infrastructural facilities in several stores which are likely to support the consumption rate of products.

However, the business growth could be restrained by the high cost associated with high-quality products.

Regional Insights:

North America to Lead Driven by Increasing Pet Care Expenditure in U.S. and Canada

North America pet care market share is set to exhibit remarkable expansion throughout the study period. The rise is propelled by the enormous expenditure in Canada and the U.S.

The Asia Pacific market is anticipated to record substantial growth over the forecast period. The surge is driven by the increasing presence of major players and manufacturing facilities in countries such as China and India.

To get to know more about this market, please visit:    https://www.fortunebusinessinsights.com/pet-care-market-104749

Competitive Landscape:

Key Companies Enter Collaborations to Propel Business Landscape

Major companies are centered on the adoption of an array of initiatives for the consolidation of their market positions. These steps comprise merger agreements, acquisitions, and the rollout of new products. Additional initiatives include a rise in research activities and the development of new solutions.

Key Industry Development:

• September 2021 –   Petmate acquired Platinum Equity. The acquisition would help the company in enhancing investment with regards to manufacturing capabilities and product launches.

Market Overview: 
According to Fortune Business Insights, global   tissue paper market   size was valued at USD 90.99 billion in 2024. The market is projected to grow from USD 96.57 billion in 2025 to USD 154.54 billion by 2032, exhibiting a CAGR of 6.95% during the forecast period.

Asia Pacific dominated the tissue paper market with a market share of 32.18% in 2024. Moreover, the tissue paper market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 37.43 billion by 2032, driven by the advancements in technologies in designing various tissues papers.

Tissue paper plays a crucial role in maintaining cleanliness and hygiene in both residential and commercial environments. The increasing awareness about the importance of proper sanitation and hygiene standards is one of the key drivers fueling global demand for tissue paper products. In commercial spaces such as offices, restaurants, and healthcare facilities, tissue paper is widely used to ensure a clean and germ-free environment.

Consumers are increasingly prioritizing hygiene-focused products to protect themselves from bacterial and viral infections. This shift in preference is boosting the popularity of advanced tissue paper products designed to offer enhanced protection and superior cleanliness. The rising demand for innovative and antibacterial tissue paper solutions is significantly contributing to the growth of the global tissue paper market.

List of Key Players Profiled in the Market Report:

• Von Drehle Corporation (U.S.)
• First Quality Tissue LLC (U.S.)
• Orchid Paper Products Company (U.S.)
• Kruger Inc. (Canada)
• Asian Pulp & Paper (China)
• Svenska Cellulosa AB (Sweden)
• Hengan (China)
• Croix Tissue (U.S.)
• AbitibiBowater Inc. (Canada)
• CMPC Tissue SA (Chile)
• Sofidel Group (Italy)

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Segments:

Segment for Bath & Toilet Tissue to Lead Due to High Usage of   Cotton Towels and Napkins

Based on product type, the market is segmented into facial tissue, paper towels, wipes, bath & toilet tissue, and others. Due to the widespread use of cotton towels and napkins for bathroom sanitation, the bath & toilet segment dominates the market. There is a significant need for high-quality tissue products in the expanding tourist and modernizing hospitality industries.

Due to an Increase in Corporate Housing Facilities, the Commercial Sector will dominate the Market

Based on the application, the market is segmented into household and commercial applications. Among the commercial uses are businesses like hotels, restaurants, and offices. Due to the large usage of tissues during meal service and table cleaning in hotels and restaurants, the commercial segment commands a sizeable market share.

Report Coverage:
The report offers: 
•    Major growth drivers, restraining factors, opportunities, and potential challenges for the market. 
•    Comprehensive insights into the 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 & Restraints:

Personal Care and Sanitation Requirements are Rising, Which will Boost Market Growth

Because of the increasing importance of maintaining optimum health and cleanliness, everyone now uses tissue paper. These handy wiping items are frequently used to clean kitchen surfaces, hands, faces, and instruments in diagnostic and research labs. So, the main factor boosting increased product demand is the global rise in hygiene awareness. The Food and Agricultural Organization of the United Nations (FAO) reports that China's output of household and sanitary papers climbed from 10.99 million tons in 2020 to 11.25 million tons in 2021 for domestic and export use.

Growing environmental issues, including deforestation and global warming brought on by the removal of trees, constrain the market for products made of pulp and inhibit consumer demand, which stifles the global tissue paper market growth.

Regional Insights

Asia Pacific Dominates the Market due to Presence of Influential Economies in this Region

During the projected period, a sizable tissue paper market share is anticipated for the Asia Pacific region. This can be attributed to aspects like the expanding capacity of East Asian nations like China and Japan and the region's ability to produce goods made of wood. In 2019, there were roughly 2700 paper and board firms in mainland China, according to a China Paper Association (CPA) survey. Additionally, because of its enhanced utility in the expanding food and food services sector, the expansion is mostly coming from populated nations like China, India, and Japan, driving the total tissue paper market growth in the region.

Competitive Landscape

Growth of the Market Requires Innovation and Efficient Distribution Channels

Maintaining a company's capacity to produce tissue items requires an effective supply chain and inventory management. The market's top producer of products made from pulp, Svenska Cellulosa AB, is a well-known organization. To increase the absorbency of products made of paper and pulp and to efficiently utilize the raw material to increase environmental sustainability, the company employs product innovation as a business strategy. In order to attain the necessary returns on their market investments, well-known tissue paper industry players like CMPC and Hengan Inc. utilize a variety of investment strategies.

To get to know more about this market, please visit:   https://www.fortunebusinessinsights.com/tissue-paper-market-102847

Key Industry Development: 

• June 2021:   Renova, a Portuguese brand, launched Divine, its new toilet paper wrapped in recyclable and biodegradable paper. Renova focuses on product innovation by thinking about the environment and making consumers aware of the ecological impact of their purchases.

Market Overview:

According to Fortune Business Insights, global   skincare market   size was valued at USD 115.65 billion in 2024. The market is projected to grow from USD 122.11 billion in 2025 to USD 194.05 billion by 2032, exhibiting a CAGR of 6.84% during the forecast period. Asia Pacific dominated the skin care market with a market share of 51.58% in 2024.

Moreover, the skincare market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 30.42 billion by 2032, driven by rising demand for organic and natural products to surge product demand.

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List of Key Players Profiled in the Market Report

• L’Oréal Professional   (France)
• Unilever   (U.K.)
• Procter & Gamble (U.S.)
• Estée Lauder Inc. (U.S.)
• Beiersdorf AG (Germany)
• Shiseido Co., Ltd. (Japan)
• Coty Inc. (U.S.)
• Natura & Co. (Brazil)
• Kao Corporation (Japan)
• Johnson & Johnson Services, Inc. (U.S.)
• Avon Products Inc. (U.K.)

Segmentation

Creams   To Dictate Due To   Various Applications

On the basis of product, the market is segmented into creams, lotions, powders, and sprays. Creams had the largest part in the market as they are used for various applications such as moisturizing, brightening, tan removal, acne removal, oil reduction, dark circle removal, night cream, and sun protection.  

Face segment   to Govern Due to Increasing Usage

Based on packaging, the market is categorized into tube, jar, bottle, and others. Face segment is anticipated to dominate the market as consumers generally apply creams and powders on the face compared to other body parts. Major companies have been developing sustainable face products that are safe for the environment.

Female Segment   To Lead Due To   Rising Awareness Regarding Personal Grooming

On the basis of gender, the market is categorized into male and female. Female hold the majority part due to rising awareness regarding grooming, skin maintenance, and willingness to look better have led to the development and launch of new products.  

Cosmetic Stores to Lead As They Specialize in Selling Cosmetic Products

On the basis of distribution channel, the market is categorized into cosmetic stores, supermarkets/ hypermarkets, online channels, and others. Cosmetic stores are set to lead as they are specialize in selling cosmetic products and they make cosmetic products available and facilitate the customers available with product details.

Based on geography, the market is studied in 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

Growing Awareness Regarding Skin Nourishment   To Augment The Market Growth

Growing awareness regarding skin nourishment is anticipated to drive skincare market growth. Rising concerns about skin nourishment owing to acne, black spots, scars, dullness, and tanning have increased the demand for skin nourishment products. Skin brightening products, toners, and scrubs are witnessing higher demand from the younger population. Products which provide solutions for wrinkles or cracked heels are gaining significant traction owing to their increasing demand from the aged population.

However, excessive usage and misuse of skincare products can cause cell damage which is expected to hamper the market growth.

Regional Insights

Asia Pacific To Govern Owing To   Increase In The Levels Of Standard Of Living

Asia Pacific is expected to have largest part in the skincare market share due to increase in the levels of standard of living. Increasing levels of working population and increasing spending power of the populace is set to propel market growth. Changing lifestyls of the popualtion in countries such as China, India, Japan, and others have increased spending on well-being and personal care products.

North America is anticipated to have a considerable substantial growth in the forecast period increasing awareness regarding skin nourishment products owing to increased access to a wide range of brands.

Europe has a moderate growth due to concerns by the European male and female populations about their looks and therefore pay more attention to improving the overall quality of their skin.  

Competitive Landscape

Avon Launched Its Vegan Skincare Called ‘FarmRX’ Which Is Made Of 85% Clean Ingredients

Manufacturers have been introducing sustainable ingredients which are organic and vegan products and eco-friendly packaging solutions to reduce their carbon footprint. In April 2021, Avon launched its vegan skincare called ‘FarmRX’. The product line includes various products which are made of 85% clean ingredients that provide glowing and healthy skin to the consumers. The products also come in sustainable packaging and are made from a blend of botanicals.

Read Full Report:   https://www.fortunebusinessinsights.com/skin-care-market-102544

Key Industry Development

• November 2022 -   Avon partnered with Perfect Corp., a leading AI-based beauty tech solutions provider, to improve the virtual makeup technology system and help consumers choose suitable product types.
• November 2022 –   kao Corporation Collaborated with Daiichi Sankyo, a leading healthcare company, to develop new products and improve their skincare business revenue.
• July 2022 -   Johnson & Johnson launched a new range of new skincare brands, ‘VIVVI & BLOOM’, for kids. This can be suitable for the skin as well as hair.

According to Fortune Business Insights, global Comic Book Market is witnessing significant growth driven by the increasing production of visually appealing comics with engaging stories that enhance vocabulary, spark creativity, and instill positive values. The availability of comics across diverse genres such as fantasy, noir, romance, and science fiction attracts a wide audience. Government initiatives, like India’s launch of 100 educational comics by CBSE in March 2021, are promoting reading and learning among children, further fueling market expansion. Additionally, the rising interest among comic book collectors—who profit from rare and valuable issues—is boosting global demand, especially for high-demand segments like manga.

Market Overview:

The global   comic book market   was valued at USD 16.83 billion in 2024. The market is projected to be worth USD 17.69 billion in 2025 and reach USD 26.75 billion by 2032, exhibiting a CAGR of 6.09% during the forecast period. Asia Pacific dominated the comic book market with a market share of 52.88% in 2024.

Moreover, the comic book market size in the U.S. reaching an estimated value of USD 4.41 billion by 2032, driven by the growing popularity of comic events to increase product demand.

LIST OF LEADING ORGANIZATIONS PROFILED IN THE REPORT

• Marvel Entertainment, LLC (U.S.)
• Dark Horse Media, LLC (U.S.)
• Image Comics (U.S.)
• DC Entertainment (U.S.)
• Archie Comics (U.S.)
• IDW Media Holdings, Inc. (U.S.)
• Akita Publishing Co., Ltd. (Japan)
• Futabasha Publishers Ltd. (Japan)
• Rebellion (U.K)
• DMG Entertainment (U.S.)

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Segmentation:

Rising Trend of Comic Collection to Boost Demand for Physical Comics

Based on product type, the market is divided into physical comics and digital comics. The physical comics segment is predicted to dominate the comic book market share due to their tactile experience, easy availability, and affordable prices. Another advantage of these comics is that they are extremely popular among comic book collectors as they can invest in them and even sell them for a profit.

Rising Popularity of Comics among Adults to Boost Market Growth

In terms of end-user, the market is divided into kids and adults. The adults segment is anticipated to capture a major market share during the forecast period. Adults with a hobby of reading manga can drastically improve their creativity, helping them boost their mental and physical health. Rising population of adults are turning comic collectors as they read and collect several unique and rare comic magazines and books. They purchase many copies of new books and sell them at a higher price to make profit. This will improve the demand for comics among adults.

Online Platforms to Attract More Customers Due to Their Convenience

Based on distribution channel, the market is segmented into book stores, comic stores, online stores, and others. The online distribution channel segment is set to capture a sizeable market share during the forecast timeframe.

Various options, such as home delivery and online buying, and online buying & store pickup are becoming quite popular among consumers as they can save a lot of time and energy. These factors are expected to boost the preference for online comic book platforms among customers.

Report Coverage:

The global market research report offers an in-depth analysis of the industry and highlights key areas, such as end-users, key companies, and top product types. In addition, the report offers valuable inputs about the current market trends and focuses on top industry developments. This report also covers many factors that have contributed to the market’s growth in recent years.

Drivers and Restraints:

Growing Number of Comic Events and Conventions to Aid Market Growth

Comic events, such as the Comic-Con have positively influenced the sales of comics. For instance, data issued by the San Diego Convention Center in 2021 reveals that more than 150,000 attendees attended the New York Comic-Con event, whereas the Japan Comiket event saw around 111,000 attendees. Events like these will help the comic book market share grow.

However, the growing availability of substitutes, such as audiobooks might hinder the market progress.

Regional Insights:

Asia Pacific to Dominate Due to Expansion of Japanese Anime Industry

Asia Pacific holds the largest share in the market and is expected to dominate the market in the future as well. Japan’s anime industry is expanding at a considerable pace due to the growing domestic and international readership. For example, in 2018, the Japanese anime market experienced a 15.1% growth rate, according to the Association of Japanese Animation. These aspects will enhance the regional market growth.

Competitive Landscape:

Key Companies Enter Strategic Collaborations and Partnerships to Fuel Industry Growth

Some of the top market players are focusing on introducing new superhero characters, helping them attract more customers and boost their product sales. It also helps these companies expand their product portfolios and target new fan bases. For example, in August 2022, Marvel introduced a new hero, Anna Ameyama, with a new infinity comic, T.E.S.T. Kitchen. The comic includes a recipe in every issue. These efforts will help the market grow.

To know more about this market, please visit:   https://www.fortunebusinessinsights.com/comic-book-market-103903

Notable Industry Development:

August 2022:   Dark Horse Media extended its partnership with Netflix by continuing to provide a first look of its IP for both films and series. The popularity of comics is rising steadily as Dark Horse comics are being adapted into Netflix series and movies.

An aquarium is a variable-sized container with at least one transparent side used for keeping aquatic animals such as fish, invertebrates, and aquatic reptiles. The increase in the number of these containers in pet stores in both developing and developed nations is expected to fuel the growth of the global market.

Market Overview:

According to Fortune Business Insights, global   aquarium market   was valued at USD 3.60 billion in 2023. It is projected to grow from USD 3.79 billion in 2024 to USD 6.21 billion by 2032, exhibiting a CAGR of 6.36% during the forecast period.

North America dominated the aquarium market, with a market share of 38.33% in 2023. Moreover, the aquarium market in the U.S. is expected to grow significantly, reaching USD 1.91 billion by 2032. The rising popularity of home aquariums, advanced aquatic equipment, and growing interest in marine life are key drivers of market growth.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• EHEIM GmbH & Co. KG. (Germany)
• Aqua Design Amano Co., Ltd. (Japan)
• Tropical Marine Centre (TMC) (U.K.)
• Sensen Group Co., Ltd. (China)
• TSUNAMI AQUARIUMS (U.S.)
• Spectrum Brands, Inc. (U.S.)
• UWEL Aquarium AG & Co. KG. (Germany)
• Guangzhou Akaida Aquarium Co., Ltd. (China)
• Aquarium Design India (India)
• JUWEL Aquarium AG & Co. KG. (Germany)

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Segmentation:

Glass Segment Dominated Market Due to its Affordability, Easy Availability, and Durability

Based on material type, the market is segmented into glass, acrylic, and others. The glass segment held the dominating position in the market in 2023. Glass's properties, such as scratch resistance, clarity, affordability, easy availability, and durability, have resulted in its growing adoption among individuals, thereby contributing to its growth.

Residential Application   Led Market Owing to   Increasing Investments by Individuals in Home Interiors

Based on application, the market is divided into residential and commercial. The residential segment led the global market owing to increasing investments by individuals in home interiors to make them more fashionable and lucrative, resulting in increased product adoption.

Retail Outlets/Offline Segment Dominates Market   Influenced By Convenience of Physically Purchasing and Verifying Product and its Quality

Based on distribution channel, the market is bifurcated into retail outlets/offline and e-commerce/online. The retail outlets/offline segment accounts for the largest aquarium market share. The growth of this segment is influenced by the convenience of physically purchasing and verifying the product and its quality.

With respect to region, the market covers North America, South America, Europe, the Middle East & Africa, and Asia Pacific.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading applications, material types, 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 Popularity of Ornamental Fish to Fuel Market Growth

The increasing popularity of ornamental fish for display, decoration, or as pets drives the global market growth. These fish exhibit different colors and peculiar, and they are kept in fish tanks to enhance or decorate the ambiance of homes, offices, restaurants, hotels, and others. The adoption of ornamental fish such as goldfish, neon tetra, and fantail is increasing significantly in developing and developed nations, which is expected to increase product demand. The increasing awareness of ornamental fish has resulted in its increased import in different nations. All these factors contribute to the aquarium market growth.

However, the government's restriction on ornamental fish and fish tank manufacturing has decreased product demand, thereby hindering market growth.

Regional Insights:

North America Dominates Market Owing to U.S. Being Major Consumer of Ornamental Fish

The North American region holds the dominant position in the global market. This dominance can be attributed to the country of the U.S. being the major consumer of ornamental fish, which leads to increased product demand.

Asia Pacific is projected to witness the highest CAGR during the forecast period. This growth is due to the increasing number of commercial spaces, such as restaurants, hotels, offices, and others, in nations such as China, Singapore, Australia, and India.

Competitive Landscape:

Major Players to Focus on   Technological Innovations and Market Expansions to Strengthen its Market Presence

The global market is characterized by high competition. Some of the major players in the market are EHEIM GmbH & Co. KG., Aqua Design Amano Co., Ltd., Tropical Marine Centre (TMC), and others. These players are concentrating on technological innovations, forming partnerships, and market expansions to strengthen their market presence. They are also increasing their focus on marketing strategies to increase their brand awareness.

To know more about this market, please visit:   https://www.fortunebusinessinsights.com/aquarium-market-110692

Notable Industry Development:

• March 2024:   Interpet, a manufacturer of fish tanks & related products, announced the launch of the Aqua Smart Bluetooth Aquarium LED range. This product offers smart features such as adjustable LED output and intensity, Bluetooth connectivity, and pre-set lighting programs.
• January 2024:   Red Sea, which manufactures fish tanks and related accessories, launched the Max Nano G2 XL. The newly launched product has a larger volume capacity and a built-in gravity top-off device.

According to Fortune Business Insights, global cosmetics market share is expected to grow substantially in the coming years as an increasing percentage of the global population is becoming conscious of their physical appearance. These beauty and personal care products can enhance a person’s overall appearance and offer a variety of haircare, skincare, and lip care products. Additionally, the growing demand for anti-aging products among the elderly population will contribute to high product sales.

Market   Overview:

The global   cosmetics market   size was valued at USD 335.95 billion in 2024. The market is projected to grow from USD 354.68 billion in 2025 to USD 556.21 billion by 2032, exhibiting a CAGR of 6.64% over the forecast period. Asia Pacific dominated the cosmetics market with a market share of 39.57% in 2024.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• L’Oréal S.A. (France)
• Unilever plc. (U.K.)
• Procter & Gamble Co. (U.S.)
• The Estée Lauder Companies Inc. (U.S.)
• Beiersdorf AG (Germany)
• Shiseido Co., Ltd. (Japan)
• Coty Inc. (U.S.)
• Natura & Co. (Brazil)
• Kao Corporation (Japan)
• Johnson & Johnson Services, Inc. (U.S.)

Segments:

Growing Awareness about Skincare Routines will Improve Sales of Skincare Products

Based on category, the market is divided into skincare, hair care, makeup, and others. The skincare segment is predicted to hold a sizable share of the market during the forecast period as a growing percentage of people across the world use skincare products on a daily basis as compared to hair care products.

Working Women to Increase Usage of Cosmetics to Improve Appearance

Based on gender, the market is divided into men and women. The women segment is anticipated to hold the larger market share as the percentage of working women is growing across the world and they need these products to help them look presentable at their workplace.

Buyers to Increase Preference for Hypermarkets/Supermarkets to Gain Access to Different Brands

In terms of distribution channel, the market is divided into specialty stores, hypermarkets/supermarkets, online channels, and others. The hypermarkets/supermarkets segment is projected to account for the largest market share during the forecast timeframe as can access these stores to gain access to several brands and their products.

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

Report Coverage:

The report provides a detailed industry analysis and highlights key aspects such as leading product categories, companies, and distribution channels. The report also offers valuable insights into the latest market trends and covers vital industry developments. In addition to the abovementioned factors, the report encompasses several factors that have contributed to the market’s growth in recent years.

Drivers and Restraints:

Rising Awareness of Importance of Health, Hygiene, and Grooming to Boost Market Growth

The self-care and grooming trend has increased tremendously in recent years as people are becoming more aware of the significance of maintaining good health and hygiene. The importance of grooming has skyrocketed among men and women, consequently boosting the sales of these products. Since more people are following an erratic lifestyle, concerns regarding overall health and wellbeing are rising, further enhancing the demand for cosmetic products.

However, more people are becoming aware of the side-effects of using cosmetics for a long time and have access to surgical options, which can hamper the market progress.

Regional Insights:

Cosmetics Sales to Increase Across Asia Pacific Due to Region’s Growing Geriatric Population

Asia Pacific is predicted to dominate the cosmetics market share as the region is witnessing a strong growth in the percentage of the geriatric population in countries such as Japan and China. This factor has increased the demand for anti-aging, dark-spot treatment, and anti-wrinkle products in these countries, thereby fueling the regional market growth.

Europe held a considerable market share as there are a large number of on-street salons that use cosmetic products on a large scale.

Competitive Landscape:

Companies to Develop Organic Products to Expand their Market Presence

The leading players are focusing on making organic and natural products to expand their customer base and increase their market presence. Many companies are formulating various growth strategies, such as partnerships and collaborations, to extend their business operations.

To know more about the impact of COVID-19 on this market, please visit:   https://www.fortunebusinessinsights.com/cosmetics-market-102614

Key Industry Development:

August 2024:   Kay Beauty, an India-based beauty brand, launched its new range of lipsticks, Kay Beauty Hydra Crème Lipstick. According to the company, the new 16 shades are made using hyaluronic acid and lychee extracts.

July 2024:   Curology, a U.S.-based skincare brand, launched its non-prescription skincare products across CSV Pharmacy, a U.S.-based retail corporation. According to the company, the skincare product will be available through CSV Pharmacy’s 3,800 stores countrywide and its website, CVS.com.

April 2024:   epres, a U.S.-based haircare brand, launched its new healthy hair shampoo & healthy hair conditioner made using Biodiffusion technology.

According To Fortune Business Insights, Heated Clothing finds usage in several outdoor activities such as camping, hiking, snowboarding, and skiing. The rising popularity of these activities and the escalating launch of associated products are poised to drive product demand.

Market Overview:

The global   heated clothing market   size was valued at USD 0.33 billion in 2023. It is projected to grow from USD 0.35 billion in 2024 to USD 0.71 billion by 2032, exhibiting a CAGR of 9.14% during the forecast period.

North America dominated the heated clothing market with a market share of 42.42% in 2023. Moreover, the heated clothing market in the U.S. is expected to grow significantly, reaching USD 249.63 million by 2032. This growth is driven by increasing demand for wearable heating technology in winter sports, outdoor work, and everyday fashion.

List of Key Players Mentioned in the Report:

• ORORO Heated Apparel (U.S.)
• Robert Bosch GmbH (Germany)
• Stanley Black & Decker, Inc. (U.S.)
• Venustas Heated Apparel (U.S.)
• Venture Heat (U.S.)
• Techtronic Industries Co. Ltd. (TTI) (China)
• com (Netherlands)
• Makita Corporation (Japan)
• Blaze Wear (U.K.)
• Volt Heat (U.S.)

Segmentation:

Jacket Segment Held Major Share due to Growing Popularity for Various Activities

On the basis of product type, the market is fragmented into sweater, pant, jacket, t-shirt, and others. In 2023, the jacket segment stood at a key position in the global market. This is due to the rising popularity of these products for motorcycling, snowboarding, and other outdoor activities.

6-8 Volts Segment Held Prominent Share as it Helps Achieve Balance between Energy Efficiency and Required Heat

Based on power rating, the market is divided into below 5 volts, 6-8 volts, and 9-20 volts. The 6-8 volts segment registered a leading market share in 2023 as this voltage range helps maintain a balance between the required heat and energy efficiency.

Men Segment Recorded Leading Share Driven by Health Risks Associated with Working in Cold Environments

Based on end-user, the market is subdivided into men and women. In 2023, the men segment accounted for a prominent share in the market. This is due to the health risks associated with cold outdoor environments, where the number of working men is rising. These comprise numerous industries such as forestry, logistics, agriculture, and construction.

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

Report Coverage:

The report gives an account of the major factors slated to propel industry expansion over the forthcoming years. It further provides an insight into the latest market trends. The major strategies adopted by leading companies to strengthen their market positions have also been furnished in the report.  

Drivers and Restraints:

Surge in Market Value Driven by Growing Number of Winter Sportsmen

Nearly 346 million Chinese people participated in indoor and outdoor winter sports-associated leisure activities over 2015 to 2022, as per the Natural Bureau of Statistics, China.   The rising number of winter sportsmen and an escalation in outdoor recreation is touted to propel heated clothing market growth. The products offer various benefits such as improvement of athlete performance and enhancement of muscle flexibility.

However, the industry expansion could be affected due to the high cost associated with advanced textile clothing.

Regional Insights:

North America Emerged as Prominent Region Owing to Presence of Extreme Weather Conditions

The extreme weather conditions and changing consumer demand patterns are the key factors, owing to which North America heated clothing market share recorded a dominant position in the global market in 2023. The region also exhibits an emphasis on technological advancements in the features of various products.

Europe is set to expand at a significant rate over the analysis period. This is driven by the presence of cold weather countries and the rising incorporation of heated elements into fashionable garments and heated clothing.

Competitive Landscape:

Market Players Partner with Other Companies to Gain a Competitive Edge

Industry players are placing a greater emphasis on collaborations to secure an edge over their rival companies. They are also adopting various strategies to sustain market competition. These initiatives are also being implemented to consolidate their positions in the global market.

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Key Industry Development:

November 2023:   ORORO Heated Apparel shared plans to sponsor the University of Minnesota – Gopher Athletics. According to the company, its products would offer warmth, innovation, and sustainability.

October 2023:   Neberon Heated Apparel, a California, U.S.-based clothing company, launched its new collection of heated gloves, the FW23 Pro Series.

November 2022:   Venture Heat, launched its new thermalution heated undersuits. According to the company, the new undersuit features 16W heating elements and 3-level temperature controller settings.

Skin lightening products help address particular concerns pertaining to skin, including dark patches, sun damage, hyperpigmentation, and others. The rising trend of intravenous (IV) drips is anticipated to spur market growth. The rising accessibility of consumers to IV drip-based skin lightening injections coupled with their surge in preference for fulfilling custom skin care needs boost the demand for the product.

Market Overview:

According to Fortune Business Insights, the global   skin lightening products market   size was valued at USD 9.22 billion in 2023. It is projected to grow from USD 9.67 billion in 2024 to USD 16.42 billion by 2032, exhibiting a CAGR of 6.85% during the forecast period .

Moreover, the skin lightening products market in the U.S. is expected to grow significantly, reaching USD 3.03 billion by 2032. This growth is driven by rising consumer demand for brightening skincare solutions, innovative formulations, and dermatological advancements. Asia Pacific dominated the skin lightening products market with a market share of 53.69% in 2023.

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List of Key Players Mentioned in the Report:

• L’Oréal S.A. (France)
• Beiersdorf AG (Germany)
• Unilever, Plc. (U.K.)
• The Procter & Gamble Company (U.S.)
• Shiseido Co. Ltd. (Japan)
• Estee Lauder Companies, Inc. (U.S.)
• Kao Corporation (Japan)
• Avon Natural Products, Inc. (U.K.)
• Revlon Inc. (U.S.)
• Himalaya Wellness Company (India)

Segmentation:

Skincare Benefits Delivered by Creams to Expedite Segment Growth

In terms of form, the market is segregated into lotions, soaps, gels, creams, and others. The creams segment is set to witness the fastest growth rate during the study period, which can be credited to many skincare benefits, such as hydration, nourishment, and miniaturization. They also offer ease in application to cover larger pigmented skin areas as compared to other forms.

Synthetic Segment Dominates Augmented by More Production of Cosmetics Made Using Safer Forms of Chemicals

With respect to formulation, the market is classified into synthetic and organic & natural. The synthetic segment registered the largest skin lightening products market share in 2023, which can be attributed to more production of illuminating cosmetics made by deploying safer forms of compounds, chemicals, and synthetics.

More Demand for Innovative Brightening Products to Expedite Women Segment Expansion

On the basis of end-user, the market is divided into men and women. The women segment obtained the largest share in 2023, fueled by more demand for innovative brightening products by female consumers for treatments associated with their skin. A survey carried out by National Centre for Biotechnology Information, Library of Medicine (NCBI), in December 2020 for Kumasi, Ghana-based respondents stated that 56.6% of the women respondents admitted the use of skin lightening products whereas it made up 26.6% of the male respondents in Ghana.

Online Channels Segment to Witness Fastest Growth Impelled by Increasing Uptake of Online Shopping

In terms of distribution channel, the market is classified into pharmacy stores, hypermarkets & supermarkets, online channels, specialty stores, and others. The online channels segment is set to observe the fastest-growth during the study period on account of increasing uptake of online shopping for personal care goods, boosting online retailers’ product revenues. Moreover, a surge in its women’s cosmetic & fragrances, intimate apparel, accessories, and shoes division’s sales was registered by Macy's Inc.,  global departmental store firm, which reached USD 10,119 million in 2021, up from USD 9,454 million in 2019.

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

Report Coverage:

The market research report provides an in-depth analysis of the competitive strategies undertaken by prominent companies to stand out from the competition. It further offers vital insights into the key trends, significant industry developments, dominating segments, and the impact of the COVID-19 pandemic on the market growth. Besides this, the key factors impacting the market growth have been mentioned in the report.

Drivers and Restraints:

Increasing   Demand for Functional Skincare Products to Impel Market Growth

Functional skin bleaching products are significant in addressing particular concerns pertaining to the skin, such as tanning, aging, pigmentation, sunburns, and others. The global market growth can be credited to the growing demand for these bleaching products coupled with the expanding global aging rate.

However, the health risks related to greater availability of mercury in products may impede skin lightening products market growth.

Regional Insights:

Asia Pacific Holds Leading Position Owing to Rising Occurrence of Skin Pigmentary Disorders

Asia Pacific’s skin lightening products market captured the largest share in 2023, which can be credited to the rising occurrence of skin pigmentary disorders among consumers in Southeast Asia and India. This factor is boosting product demand in these geographies. The National Centre for Biotechnology Information (NCBI) survey in March 2021 stated skin pigmentary disorders in nearly 45% of the population, and nearly 55% of them prefer lightening skin treatments in Southeast Asia.

Europe secured the third largest share in 2023, with North America accounting for the second largest share in the same year. This can be credited to the increasing concerns about skin darkening, skin redness, and other sunburn problems among people. This, along with, transitioning consumer trends toward premium-based cosmetics is anticipated to boost regional growth.

Competitive Landscape:

Market Leaders Invest High Amounts into Mega Projects to Deliver Enhanced Capabilities

Prominent companies are adopting different strategic moves, including joint ventures, mergers, and partnerships, to keep ahead of their competition. A diverse array of market players are investing huge amounts into mega projects to launch innovative and enhanced capabilities of skin lightening products for consumers.

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Key Industry Development:

March 2024:   eclat superior, an Indian cosmetic brand, launched a new Glutathione face cream consisting of skin brightening ingredients including vitamin C, niacinamide, alpha arbutin, licorice extracts, and lactic acid. The product is available at Amazon.in shopping site.

December 2023:   The World Health Organization (WHO) conducted a project, ‘Eliminating Mercury Skin Lightening Products (SLPs),’ to lower the health complications due to mercury-based skin lightening products, establish better regulation, and fair production, trade, and distribution practices. Such organizations’ efforts positively contribute toward sustainable development.

Decorative accents, such as scented candles, throw pillows, and artworks, lead to improvement in the aesthetics of the living spaces. The surging trend of decoration of outdoor living spaces and home gardening is set to bolster the market expansion.

Market Overview:

According to Fortune Business Insights, the global   home decor market   size was valued at USD 747.75 billion in 2024. It is anticipated to grow from USD 802.26 billion in 2025 to USD 1,097.51 billion by 2032, exhibiting a CAGR of 4.58% during the forecast period of 2025-2032. Asia Pacific dominated the home decor market with a market share of 45.74% in 2024.

Moreover, the home decor market in the U.S. is expected to grow significantly, reaching USD 305.51 billion by 2032. The growing influence of interior design trends and online retail is driving market expansion.

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List of Key Players Mentioned in the Report:

• 1888 Mills, LLC. (U.S.)
• Inter IKEA Systems B.V.(Netherlands)
• Williams-Sonoma   Inc . (U.S.)
• Ashley Furniture Industries, LLC. (U.S.)
• Idea Nuova (U.S.)
• Ethan Allen Global, Inc. (U.S.)
• American Textile Company (U.S.)
• Ralph Lauren Corporation (U.S.)
• Welspun Flooring (India)
• Kimball International, Inc. (U.S.)
• Herman Miller, Inc. (U.S.)
• Steelcase, Inc. (U.S.)

Segmentation:

Technological Advancements in the Design of Floor Covering Products to Spur Segment Expansion

On the basis of product, the market is classified into floor covering, furniture & home furnishings, home textile, and others. The floor covering segment occupies the major home décor market share. The developments in technology in the material composition and design of floor covering products impact households to install floorings.

Discount Coupon Offerings Fosters Hypermarkets/Supermarkets Segment Growth

In terms of distribution channel, the market is divided into specialty stores, online channels, hypermarkets & supermarkets, and others. The hypermarkets & supermarkets segment holds the leading position in the market due to the consistent provision of discount coupons associated with décor products by these stores aids product demand.

On the regional front, the market for home décor is segregated into South America, the Middle East & Africa, North America, Europe, and Asia Pacific.

Report Coverage

The research report provides vital insights into the key factors affecting the market growth. In addition, it offers comprehensive coverage of the latest trends, dominating segments, and the impact of the COVID-19 pandemic on the market growth. Other aspects of the report include the strategic measures undertaken by prominent companies to stand out from the competition.

Drivers and Restraints:

Constant Smart Home Offerings to Accelerate Market Growth

The consistent expansion in offerings of smart home with speakers, aesthetic home appliances, and smart decorative lighting boosts product consumption growth rates in several nations across the globe. Furthermore, the home décor market growth is impelled by the surging trend of purchasing connected technology-based décor products equipped with home security, next-generation entertainment, and personalized health management.

However, the steep cost of premium-priced products may hamper the market growth.

Regional Insights:

Asia Pacific   Due to Rising Number of Residential Infrastructural Facilities

Asia Pacific holds the largest home décor market share on the back of surging number of commercial and residential infrastructure facilities, which boost the demand for modern living room and kitchen furniture in Southeast Asia and China.

Europe’s market growth is driven by growing demand for sustainable products coupled with efforts of manufacturers toward the production of home décor products made using eco-friendly materials.

Competitive Landscape:

Top Companies Focus on Mergers and Acquisition Strategies to Create Their Product Portfolio

Market players are leveraging different strategic initiatives, such as joint ventures, capacity expansions, and product innovations, to keep ahead of their competition. Prominent companies launch newer stores to boost their retail footprint across the globe. Leading players in the home décor market are also emphasizing mergers & acquisition strategies to build their product portfolio.

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Key Industry Development:

May 2024:   Remax Furnitures, an Indian luxury furniture brand, launched a new store in New Delhi, India, to expand its retail presence in the country.

March 2024:   FabCuro, a stylish furniture boutique, opened a new store to increase its retail presence in Indiranagar, Bengaluru, India.

February 2024:   Havenly, a U.S.-based interior designer group, acquired The Citizenry, a direct-to-consumer home decor brand, to build its product portfolio with ethically crafted rugs, decorative textiles, and accents.

According to Fortune Business Insights, Teeth whitening procedures are inclusive of products, including strips, rinses, gels, and whitening toothpaste that are sold in pharmacies and other retail stores. The quick advancements in technology of dental care products is set to bolster the demand for teeth whitening products, surging market growth. Moreover, advancements in whitening ingredients and agents have resulted in more effective products.

Market Overview:

The global   teeth whitening market   size was valued at USD 8.52 billion in 2024. It is projected to grow from USD 8.93 billion in 2025 to USD 12.77 billion by 2032, exhibiting a CAGR of 5.24% during the forecast period.

Moreover, the teeth whitening market in the U.S. is expected to grow significantly, reaching USD 2.62 billion by 2032. The demand for cosmetic dental solutions and self-care products is driving growth. Asia Pacific dominated the teeth whitening market with a market share of 33.80% in 2024.

List of Key Players Mentioned in the Report:

• Colgate-Palmolive Company (U.S.)
• Glaxo Smithkline (U.K)
• The Procter & Gamble Company (U.S.)
• Johnson & Johnson Consumer Inc. (U.S.)
• Philips Oral Healthcare, Inc. (U.S.)
• Henry Schein, Inc. (U.S.)
• Unilever (U.K.)
• KöR Whitening (U.S.)
• Opalescence (U.S.)
• Beyond Dental & Health (U.S.)
• Supersmile (U.S.)
• WhiteWash Laboratories (U.K.)
• Dentsply Sirona (U.S.)
• Beaming White (U.S.)
• Dabur (India)

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Segmentation:

Ready Availability of Whitening Toothpaste to Propel Segment Expansion

With respect to product, the market is segregated into light teeth whitening devices, whitening gels & strips, and whitening toothpaste. The whitening toothpaste segment is slated to register the largest market share during the forecast period, which can be credited to ready availability of these kinds of toothpaste in grocery and retail stores. It offers convenience for consumers in the maintenance of their daily routines.

Supermarkets/Hypermarkets Segment to Dominate Impelled by Availability of a Diverse Array of Products

On the basis of distribution channel, the market is classified into pharmacy stores, online, supermarkets/hypermarkets, and others. The supermarkets/hypermarkets segment is slated to witness the largest teeth whitening market share during the forecast period on account of the availability of a diverse array of products, such as gels, strips, toothpaste, and other related goods.

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

Report Coverage:

The strategic moves implemented by leading companies to sustain their industry leadership have been mentioned in the report. Besides this, the report highlights the key factors impacting the market expansion. The report further provides a detailed analysis of the dominating segments, key industry developments, and the impact of the COVID-19 pandemic on the market growth.

Drivers and Restraints:

Rising Emphasis on Oral Hygiene to Proliferate Market Growth

The rising focus of people or oral hygiene naturally boosts interests in tooth brightening products, which makes them involved to a comprehensive dental care routine. Thus, a higher emphasis on oral hygiene surges consciousness of the significance of keeping healthy and clean teeth.

Despite such opportunities, the sensitivity issues and side effects pertaining to tooth whitening products may impede the teeth whitening market growth.

Regional Insights:

Asia Pacific Led Driven by Rising Impact of Urbanization

Asia Pacific secured the highest share of the market in 2023, which can be attributed to increasing impacts of Western culture and urbanization on consumer preferences and beauty trends. Modern and healthy dental care solutions are encouraged by Western celebrities and media, impacting local perceptions and increasing demand for tooth whitening.

The growth of North America teeth whitening market is impelled by ready availability of advanced whitening technologies in dental offices. They also have a vital significant role in improving the popularity of professional whitening services.

Competitive Landscape:

Leading Companies Deploy Product Development Strategies to Outshine the Competition

A wide array of competitive strategies, including partnerships, acquisitions, and capacity expansions are being adopted by top companies to achieve a competitive advantage. Prominent companies are prioritizing the development of innovative teeth whitening products to keep ahead of the competition.

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Key Industry Development:

April 2024 –   Spotlight Oral Care, a U.K.-based oral care company, introduced ‘Ultra Tooth Whitening Strips,’ made with active ingredients and clinically proven to whiten teeth without any type of sensitivity.

January 2024 –   Whites Beaconsfield, a U.K.-based provider of oral care products, launched its innovative whitening toothpaste to cater to the demand of customers with veneers.

February 2023 –   Colgate-Palmolive Company, a global oral health brand, launched two new tooth whitening products, ‘the Colgate Optic White-ComfortFit LED Tooth Whitening Kit and Colgate Optic White-Express Tooth Whitening Pen,’ designed to improve their customer's experience in the long run.