Welcome Guest! | login
US ES

Category: Business

According to   Fortune Business Insights , the global   hair conditioner market   is witnessing a robust expansion, driven by increasing consumer awareness, the influence of social media, and a surge in e-commerce sales. Valued at USD 4.81 billion in 2024, the market is expected to reach USD 5.04 billion in 2025 and further grow to USD 8.26 billion by 2032, reflecting a CAGR of 7.31% over the forecast period.

Key Market Trends


Celebrity and Influencer Collaborations
Brands are leveraging social media endorsements to expand reach and build consumer trust. Collaborations with influencers and celebrities play a critical role in consumer purchasing decisions and brand visibility.

Product Innovations with Technological Integration
Companies are investing in technology-infused products, such as microencapsulation techniques, to improve product performance. Customization and targeted formulations for hair types like curly, color-treated, or dry hair are gaining traction.

Request FREE Sample PDF Copy of Hair Conditioner Market:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/hair-conditioner-market-113198

List of Key Hair Conditioner Companies Profiled:

  • L'Oréal SA (France)
  • The Procter & Gamble Company (U.S.)
  • Unilever plc (U.K.)
  • The Estée Lauder Companies Inc. (U.S.)
  • Shiseido (Japan)
  • Kao Corporation (Japan)
  • Beiersdorf AG (Germany)
  • Johnson & Johnson (U.S.)
  • Amway Corporation (U.S.)
  • Oriflame Holding AG (Switzerland)

Key Market Insights & Growth Drivers

  1. Evolving Consumer Awareness & Social Media Influence
    Growing awareness about hair health and the benefits of conditioning, largely amplified by social media influencers and beauty content creators, has played a pivotal role in driving market expansion. Platforms such as Instagram, YouTube, and TikTok serve as key avenues for product promotion, user reviews, and personalized hair care tips.
  2. Strong E-commerce Infrastructure
    The convenience of online shopping continues to bolster the market. In 2024, U.S. e-commerce sales hit USD 1,192.6 billion, up 8.1% from 2023. Online platforms offer wide product availability, detailed reviews, and comparative pricing, increasing consumer engagement.
  3. Product Customization & Natural Formulations
    Consumer preference is rapidly shifting toward natural, sulfate-free, and cruelty-free hair conditioners. This trend is prompting companies to invest in innovative, plant-based products. For instance, brands like Fiore and Atulya are introducing vegan and sustainable hair conditioners that address seasonal and hair-type-specific concerns.

Market Segmentation Overview


By Product Type:

  • Rinse-out conditioners dominate due to their quick application and immediate benefits.
  • Leave-in conditioners are gaining popularity for their convenience and long-lasting hydration.

By Form:

  • Synthetic conditioners lead the market owing to affordability and easy retail access.
  • Natural conditioners are experiencing rising demand due to health-conscious consumer behavior.

By End-user:

  • Women constitute the largest user base due to diverse hair needs, such as damage repair and color protection.
  • Men are increasingly investing in conditioners, supported by evolving grooming trends and product availability.

By Distribution Channel:

  • Supermarkets & hypermarkets dominate with wide product assortments and in-store comparisons.
  • Online platforms are rapidly growing due to their ease of access and product variety.

Regional Analysis


Europe:
With a 38.03% market share in 2024, Europe leads the global market. The region benefits from strong brand presence (L’Oréal, Unilever, Henkel), advanced R&D, and robust distribution. Technological innovations, such as L'Oréal's advanced XTS production system in France, continue to improve efficiency and scalability.

Asia Pacific:
Urbanization, rising disposable income, and growing concerns about pollution-induced hair damage are key drivers. In India, for example, disposable income increased to USD 3.55 million in 2023, prompting consumers to spend more on premium hair care solutions.

North America:
A growing preference for organic and botanical-based hair products is fueling demand in the U.S. market. The country also benefits from a well-established retail ecosystem and increasing male grooming trends, with Q4 2024 retail e-commerce sales reaching USD 352.9 billion.

South America & Middle East & Africa:

  • South America is witnessing a shift from chemical-based to natural hair conditioners.
  • Middle East & Africa show potential due to their young population, increasing grooming awareness, and growing demand for premium natural products.

Challenges and Restraints


Counterfeit and Low-Quality Products
The market faces challenges from counterfeit goods, especially in emerging economies. These products can damage brand reputation, pose health risks, and lead to a loss of consumer trust.

Opportunities for Market Expansion


Niche Segment Targeting & Technological Advancements
Rising demand for conditioners tailored to specific demographics or hair types offers opportunities for differentiation. Advanced formulations, such as vegan keratin or pollution-protection blends, allow companies to tap into under-served niches.

Read More Info:   https://www.fortunebusinessinsights.com/hair-conditioner-market-113198

Competitive Landscape


Top companies are focusing on strategic partnerships and brand collaborations to expand their product offerings. For instance, Native launched collaborations like Native x Dunkin and Native x Jarritos, combining personal care with popular cultural elements. Such collaborations not only enhance product appeal but also drive deeper consumer engagement through co-branded experiences.

KEY INDUSTRY DEVELOPMENTS

  • September 2024 –   Dove, a brand of Unilever, unveiled the Glycolic+ Hydration range of shampoos and conditioners designed to provide long-lasting hydration for dry and damaged hair. This innovative line features Hydra-Glycol, a key ingredient that helps restore moisture and maintain hydration for up to 100 hours.
  • July 2024 –   TRESemmé, a brand of Unilever, launched the Lamellar Shine hair care range, including conditioners, in several countries, such as the U.K., Argentina, Mexico, and Brazil. This innovation delivers an ultra-glossy finish, aligning with the growing consumer demand for shiny hair.

The global hair conditioner market is poised for significant growth, propelled by increased consumer awareness, preference for natural products, and digital retail expansion. As brands continue to innovate and engage with consumers through social media and e-commerce, the market is expected to witness sustained momentum through 2032.

 

Posted in: Business | 0 comments

Air Fryer Market Size to Be Valued at USD 17.71 Billion by 2032 ; Increasing Inclination Toward Energy-Efficient Cooking Devices to Fuel Market Growth : Fortune   Business Insights™

Market Overview:


According to   Fortune Business Insights , the global   air fryer market   was valued at USD 8.07 billion in 2024 and is projected to grow to USD 9.40 billion in 2025. It is expected to reach USD 17.71 billion by 2032, expanding at a robust CAGR of 9.47% during the forecast period. Asia Pacific dominated the air fryer market with a market share of 46.22% in 2024.

Air fryers have become increasingly popular in both residential and commercial settings, including restaurants and hotels, due to their ability to cook food with little to no oil. This supports a healthier lifestyle, aligning with the global demand for low-fat cooking methods. As disposable incomes rise, consumers are showing a greater willingness to invest in premium kitchen appliances that offer efficiency and innovation. These trends, along with the product’s ability to cater to a variety of cuisines, are expected to significantly drive air fryer market growth in the coming years.

Request FREE Sample PDF Copy of Air Fryer Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/air-fryer-market-107276

List Of Key Companies Profiled In The Report

  • Groupe SEB (France)
  • Midea Group (China)
  • Koninklijke Philips N.V. (Netherlands)
  • Xiaomi Corporation (China)
  • Spectrum Brands, Inc. (U.S.)
  • Faber S.p.A. (Italy)
  • Conair Corporation (U.S.)
  • Meyer Corporation (U.S.)
  • TTK Prestige Ltd. (India)
  • NuWave, LLC. (U.S.)

Segmentation:


High Demand for Cutting-Edge Cooking Devices Helped Digital Segment Dominate Market


Based on type, the market is segmented into manual and digital. The digital segment dominated the market in 2024 as there is a high demand for cooking appliances that come with advanced features, such as multiple cooking options, digital connectivity, and voice control.

Affordability and Even Cooking to Boost the Usage of Basket Style Models


Based on model type, the global market is segmented into countertop models, toaster oven models, basket style models, and multi-cooker models. The basket style models segment will showcase the fastest growth rate as this model of air frying devices is more affordable than toaster and oven-style air fryers. Moreover, this model facilitates cooking various food items, further accelerating its adoption.

Sales of 3-5 Liter Air Fryers Increased Owing to Demand from Small Families


Based on capacity, the global market is segmented into up to 3 liters, 3-5 liters, 5-6 liters, and above 6 liters. The 3-5 liter segment dominated the market in 2024 as the demand for fryers of this capacity is rising among nuclear/small families as these devices can cook enough food for 2-3 people.

Supermarkets & Hypermarkets Led the Market Due to Availability of a Vast Variety of Products


Based on distribution channel, the market is segmented into supermarkets & hypermarkets, specialty stores, online channels, and others. The supermarkets & hypermarkets segment captured the largest air fryer market share in 2024 as these stores sell a diverse range of products, including affordable and premium cooking appliances.

Rising Inclination toward Oil-Free and Healthier Foods Fueled Product Adoption Across Households


Based on end user, the market is divided into households, foodservice facilities, and others. The household segment dominated the market in 2024 due to the increasing preference for oil-free and healthier foods among fitness enthusiasts.

The global market report analyzes the market’s growth across regions, such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:


The report has conducted a detailed study of the market and highlighted several critical areas, such as leading types, model types, product capacities, distribution channels, end users, 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:


Increasing Inclination Toward Energy-Efficient Cooking Devices to Fuel Market Growth

The demand for energy-efficient products is rising due to various factors, such as the increasing network of commercial housing complexes, the rising number of residential housing units, and the increasing demand for smart homes. Moreover, homeowners are increasing their spending on renovation and interior décor projects, further accelerating the adoption of aesthetically designed home appliances, such as air fryers.

However, higher prices as compared to traditional cooking appliances, will hinder the air fryer market growth.

Regional Insights:


Asia Pacific Dominated Global Market Due to Rising Demand for Digital Cooking Devices

Asia Pacific dominated the global market in 2024 as there is a high demand for digital cooking appliances among customers to help them perform their daily cooking activities more efficiently. The demand for air frying devices is robust in China, Japan, India, and South Korea, which will further cement the region’s dominant position in the market.

North America is also growing at a promising rate in the global market as food companies across the region are introducing recipes that can be made using devices such as air fryers.

Read Detailed Summary:   https://www.fortunebusinessinsights.com/air-fryer-market-107276

Competitive Landscape:


Leading Market Players to Launch Novel Products to Expand Their Current Portfolios

Some of the top companies in the market are developing and launching air frying devices with advanced technologies and features, such as digital connectivity, energy efficiency, and multi-mode operations. The launch of these products will help them expand their current portfolio of products and increase their business reach in various regions.

Notable Industry Development:

  • January 2024:   Versuni, a Koninklijke Philips NV-owned small appliances manufacturing company, opened its second 25,000-square-meter factory in Ahmedabad, India. The factory has an annual production capacity of 500,000 air fryers, 200,000 garment steamers, and hand mixers in India.
  • June 2023:   Versuni, a Koninklijke Philips N.V.-owned small appliances manufacturing company, established a partnership with SAP SE, a European software company, to utilize the SAP Sustainability Control Tower to monitor the recycling process of used air fryers in Sao Paulo, Brazil.
  • February 2023:   Tovala, a meal-kit and oven company, launched cloud-connected technology-based smart ovens and Tovala Smart Oven Air Fryer in a sleek stone-gray finish in the U.S. market.
Posted in: Business | 0 comments

Teeth Whitening Market Reached USD   8.52   Billion in 2024; Surging Focus on Oral Hygiene to Expedite Market Expansion: Fortune Business Insights™

Market Overview:


According to   Fortune Business Insights , the global   teeth whitening market   was valued at USD 8.52 billion in 2024 and is projected to grow from USD 8.93 billion in 2025 to USD 12.77 billion by 2032, registering a CAGR of 5.24% during the forecast period. This growth is driven by the increasing availability and popularity of whitening products such as strips, gels, rinses, and whitening toothpaste, which are widely sold through pharmacies and retail outlets. Technological advancements in oral care products and the development of more effective whitening agents and ingredients are further propelling demand across global markets.

The COVID-19 pandemic had a mixed impact on the industry. While dental clinic visits declined, the market saw a surge in demand for at-home teeth whitening kits as consumers focused more on self-care during lockdowns.   According to the British Dental Association’s 2020 report, “Oral Care During Pandemic,” there was an 87% increase in the sales of at-home kits for dental crowns and fillings in the U.K., highlighting the shift toward DIY oral care solutions and fueling growth in the teeth whitening segment.

Request FREE Sample PDF Copy of   Teeth Whitening Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/teeth-whitening-market-110349

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)

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. Various countries in Europe have high disposable incomes, enabling consumers to invest in   cosmetic   dental treatments, including 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.

Read Detailed Summary:   https://www.fortunebusinessinsights.com/teeth-whitening-market-110349

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.

Key Industry Development:

  • 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.
  • 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.
  • 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.
Posted in: Business | 0 comments

Report Overview


According to   Fortune Business Insights , the global   private tutoring market   was valued at USD 57.92 billion in 2023 and is projected to reach USD 132.21 billion by 2032, growing at a CAGR of 9.91% during the forecast period.

The increasing emphasis on literacy and education is fueling the expansion of the private tutoring industry. A major factor driving this growth is the rising demand for online tutoring solutions, which leverage technology-based learning tools such as interactive presentations, 3D diagrams, animations, and flashcards. These innovative learning methods enhance student engagement and improve learning outcomes, further propelling market demand across global regions.

List of Key Players Present in the Report:

  • Chegg, Inc. (U.S.)
  • Mathnasium LLC (U.S.)
  • Educomp Solutions Ltd. (India)
  • Sylvan Learning, LLC (U.S.)
  • Daekyo Co., Ltd. (South Korea)
  • Kumon Institute of Education Co., Ltd. (Japan)
  • Kaplan Inc. (U.S.)
  • Action Tutoring (U.K.)
  • Varsity Tutors (U.S.)
  • Tutors International (U.K.)

Request FREE Sample PDF Copy of Private Tutoring Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/private-tutoring-market-104753

Segments


Growing Popularity of Classroom Tutoring to Aid Offline Segment Growth


By mode, the market is segmented into offline and online. The offline mode segment is projected to hold a major private tutoring market share during the forecast period. The growth is attributed to the high popularity of group tutoring, classroom tutoring, or home tutoring over the years.

Rising Parental Pressures on School Children to Augment Up-to K-12 Segment Growth


Based on application, the market is divided into up-to K-12 and post k-12. The up-to K-12 segment is dominating the segment. The increasing pressure from parents on children in 10 to 12 age groups due to their busy schedules and long working hours increases the demand for private tutors, driving segment growth.

Academic Subjects Segment to Grow Due to Increasing Need to Pass Examinations


By subject, the market is bifurcated into academic and non-academic. The academic segment is expected to gain significant market share as students seek extra tutoring to pass examinations and also to score in difficult-to-learn subjects.

Long-Term Courses Segment to Grow Due to High Efficiency for Under-Resourced Students


Based on duration analysis, the market is categorized into short-term courses and long-term courses. The long-term courses segment is expected to gain significant private tutoring market share due to the higher efficiency for under-resourced students. The long-term courses provide students with continuous developments in learning methods.

Rising Popularity of Adaptive and Individualized Microlearning to Propel Subject Tutoring Service Segment


By tutoring styles, the market is segmented into test preparation services and subject tutoring services. The subject tutoring service segment is expected to experience significant growth during the forecast period. The growth is attributed to the rising popularity of individualized and adaptive microlearning among students.

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

Report Coverage


The report offers:

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

Drivers & Restraints


Increased Spending on Education by Wealthy Parents to Drive Market Growth

The decreasing quality of the public school-based education system has shifted the focus of wealthy parents toward private tutors and schools. Parents in the developed nations are increasingly spending more on education to support their children, further propelling the private tutoring market growth during the projected period.

However, concerns, such as confusion created owing to different teaching methods of a school teacher and a coaching class for the same subject, are expected to hamper market growth.

Regional Insights


Strong Presence of Supplementary Coaching Classes to Drive Market Growth in Asia Pacific

Asia Pacific held the largest market share and stood at USD 31.19 billion in 2022. The growth is attributed to the strong presence of supplementary coaching classes in countries, such as South Korea, Japan, and Southeast Asian countries.

North America is estimated to hold a significant market due to the rising penetration of online tutoring services and increasing initiatives for advanced tutoring services in the region.

Read Detailed Summary:   https://www.fortunebusinessinsights.com/private-tutoring-market-104753

Competitive Landscape


Increasing Key Players Focus on New Tutoring Centers Launches to Propel Market Growth

The increasing adoption of competitive strategies, such as launching new tutoring centers, by key players to gain a competitive edge is estimated to drive the private tutoring sector’s growth during the forecast period. For instance, in February 2022, BYJU’S, an educational technology company, launched 500 offline tutoring centers across 200 cities.

Key Industry Development

  • April 2023:   Chegg Inc., a California, U.S.-based education technology company, launched CheggMate, its Artificial Intelligence-based assistance application for students.
  • September 2022:   com, a New York, U.S.-based online tutoring company, launched LEO (Learner Engagements Online). This institutional tutoring platform provides actionable analytics and scheduling tools for institutions and students that centralize 24/7 academic support services.
  • January 2022:   Chegg, Inc. announced the launch of Learn with Chegg, a new phase designed to create an individualized learning experience by automatically pushing relevant content and offering more significant personalization services.
Posted in: Business | 0 comments

Market Overview

According to Fortune Business Insights, the global  movie theater market  was valued at  USD 62.86 billion in 2024  and is projected to rise to  USD 68.37 billion in 2025 , eventually reaching  USD 95.66 billion by 2032 , showcasing a  Compound Annual Growth Rate (CAGR) of 4.92% . In 2024,  North America  led the market with a  33.33% share , owing to its advanced cinematic infrastructure and high consumer engagement with premium experiences.

Movie Theater Market.jpg


Movie theaters remain a cornerstone of the entertainment industry, driven by blockbuster content, audiovisual innovation, and the increasing consumer desire for immersive, social viewing experiences. Despite competition from streaming platforms, theaters are reinventing themselves with luxury seating, gourmet dining, and technologies like IMAX and 4DX to stay relevant.

Competitive Landscape


Key market players are focusing on  loyalty programs social media marketing cross-promotions , and  tech innovation  to engage consumers. Major companies include:

  • AMC Entertainment Holdings Inc. (U.S.)
  • Cineworld Group Plc (U.K.)
  • Cinemark Holdings, Inc (U.S.)
  • IMAX Corporation (Canada)
  • Regal Cinemas (U.S.)
  • PVR INOX (India)
  • Wanda Cinema (China)
  • CJ CGV (South Korea)
  • Cineplex Inc. (Canada)
  • Vue International (U.K.)

Request FREE Sample Copy of Movie Theater Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/movie-theater-market-113097

Market Dynamics


Market Drivers

  1. Rising Demand for Immersive Cinema Experiences

Consumers are increasingly drawn to premium formats such as  IMAX Dolby Atmos , and  4DX , which offer large-format screens, surround sound, and motion-enhanced seating. These features offer a cinematic experience that is difficult to replicate at home, making them a primary driver for theater attendance—especially during major film releases and franchise premieres.


  1. Diverse Content and Regional Localization

The inclusion of regional films, international releases, and niche genres has expanded theater audiences. Cinemas are increasingly programming local-language films and special events like concerts and sports broadcasts, attracting a wider demographic and supporting consistent footfall across markets.

Market Restraints

  1. Rising Competition from Streaming Services

Streaming giants like  Netflix Disney+ , and  Amazon Prime Video  offer affordable, on-demand entertainment, significantly affecting theater attendance. With exclusive content and the convenience of home viewing, these platforms continue to challenge the traditional movie theater business model.

Market Opportunities

  1. Advanced Audiovisual Technology and Luxury Amenities

The future of cinema lies in  premiumization . The adoption of advanced projection systems, immersive soundscapes, recliner seating, and gourmet concessions is redefining the movie-going experience.  3D panoramic screens , and  AR/VR integrations  are drawing tech-savvy audiences back into theaters.


  1. Urban Expansion and Experiential Entertainment

Emerging markets, especially in  Asia Pacific  and  South America , are witnessing rising urbanization and disposable incomes, creating untapped opportunities for theater chains. Integration of non-traditional content such as  gaming live sports , and  concert films  is enhancing consumer engagement.

Market Challenges

  1. Operational Costs and Infrastructure Investments

Running a modern movie theater involves substantial costs—from real estate and utilities to staffing and equipment upgrades. Meeting evolving audience expectations while keeping ticket prices reasonable poses a significant challenge for profitability.

Key Market Trends

  1. Premiumization and Diversified Offerings

To differentiate from home entertainment, theaters are leaning into  luxury formats dine-in services , and  themed screenings . The shift toward  event-based cinema , including concerts and e-sports, reflects evolving consumer expectations.


  1. Pandemic Impact and Post-Recovery Initiatives

COVID-19 drastically reduced in-person attendance, accelerating a shift to streaming. However, post-pandemic recovery efforts have seen a rise in  event cinema , safety-focused venue enhancements, and  hybrid releases  that combine streaming with theatrical runs.

Segmentation Analysis


By Theater Type

  • Multiplexes  dominate the market with a  72.94% share in 2024 , providing multiple screens, convenience, and diverse offerings under one roof.
  • IMAX  is projected to grow at the  fastest CAGR , thanks to its superior storytelling capabilities, premium image and sound technology, and expanding global footprint.

By Screen Format

  • 2D screens  remain dominant due to affordability and wide availability across genres and locations.
  • 3D screens  are expected to grow rapidly, driven by immersive viewing preferences for animated and action-packed films.
  • 4DX  is gaining niche popularity for delivering sensory experiences beyond visual and auditory engagement.

Regional Insights


North America (USD 20.95 Billion in 2024)


Despite rising streaming competition, North America remains a stronghold for cinema, with high demand for  premium formats  and  franchise blockbusters . The rise of  concert films  like  Taylor Swift’s Eras Tour , shown in collaboration with AMC, marks a growing trend in event-based cinema.

Europe


With a mature movie market, Europe is witnessing growth in  arthouse cinemas localized content , and  technology upgrades . Nations such as the  U.K., Germany, and France  dominate the region’s box office landscape.

Asia Pacific

Expected to grow at the  fastest CAGR , the region benefits from a large population, growing middle class, and expanding entertainment infrastructure. Countries like  India, China , and  South Korea  are witnessing rapid growth in  urban multiplex chains  and  technology-forward theaters .

South America & Middle East & Africa


These regions show promising potential, led by strong cultural ties to cinema in  Brazil  and  Argentina , and luxury theater investments in  GCC countries Africa , while nascent, is growing through domestic industries like  Nollywood .

Read More Info:   https://www.fortunebusinessinsights.com/movie-theater-market-113097

Recent Strategic Develo pments

  • June 2024:   Wanda Film, China's largest exhibitor, and IMAX Corporation collaborated to form a strategic partnership agreement spanning content and technology. Under this partnership, Wanda Film is all set to upgrade 61 of its top-performing locations to state-of-the-art IMAX with Laser technology. Moreover, Wanda Film is also renewing up to 37 of its existing IMAX locations for another five years.
  • May 2024:   IMAX Corporation and French exhibition company MEGARAMA announced an agreement for three new state-of-the-art IMAX with laser system installations across France. Under this deal, one system will be added in the main urban area north of France, set to open in 2025 and two other locations in the suburbs of the country scheduled to open in 2026.

The global movie theater market is undergoing a renaissance fueled by consumer demand for memorable, immersive experiences. While challenges such as streaming competition and operational costs persist, the industry's pivot toward  premiumization regional content diversification , and  technological innovation is expected to sustain long-term growth. Emerging markets, strategic partnerships, and experiential content will be key to unlocking the full potential of this dynamic sector.

Posted in: Business | 0 comments

Market Overview


According to Fortune Business Insights, the global   cricket bat market  was valued at  USD 200.96 million in 2024  and is expected to reach  USD 346.20 million by 2032 , growing at a  Compound Annual Growth Rate (CAGR) of 7.13%  during the forecast period. Driven by the rising popularity of cricket, increasing consumer preference for premium equipment, and robust growth in cricket leagues, the market is experiencing a significant surge.

Asia Pacific Leads the Market

In 2024, the  Asia Pacific region  held the largest market share of  35.1% , fueled by an expanding player base, local manufacturing hubs, and the sport’s immense popularity in countries like  India, Pakistan, and Australia .

Key Players

  • Kookaburra Sport Pty Ltd (Australia)
  • Grays International (U.K.)
  • Sommers (Australia)
  • KIPPAX WILLOW LIMITED COMPANY (U.K.)
  • Bradbury (Australia)
  • Blue Tongue Sports (Australia)
  • Adidas AG (Germany)
  • Stag Cricket (U.K.)
  • Salix Cricket Bat Co. Ltd. (U.K.)
  • Sareen Sports Industries (India)

Request FREE Sample Copy of Cricket Bat Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cricket-bat-market-113141

Market Dynamics


Market Drivers

  1. Rise of Domestic & International Cricket Leagues:

The global expansion of cricket leagues such as the  Indian Premier League (IPL) Big Bash League (BBL) , and  The Hundred  is boosting the demand for high-quality bats. The emergence of  Major League Cricket in the USA  further diversifies the consumer base.


  1. Increased Investment in Sports Gear:

Consumers are investing more in  customized, high-performance cricket equipment , with online platforms making these products more accessible. The influence of professional endorsements and player-specific bat models further drives premium bat sales.


  1. Grassroots Participation Growth:

With growing cricket academies, school tournaments, and recreational play, demand is surging across both  professional and amateur segments .

Market Restraints

  1. High Cost of Premium Raw Materials:

English willow bats, known for their superior performance, are expensive due to limited availability and rising logistics costs.  Kashmir willow  alternatives do not always meet professional performance standards, limiting their adoption.

Market Opportunities


Smart Cricket Bats with Sensor Technology:

Tech-integrated cricket bats that track  swing speed impact force , and  bat angle  present a major opportunity. These innovations, coupled with partnerships with academies and leagues, can enhance training outcomes and appeal to tech-savvy athletes.

Market Trends


Design Innovation & Sustainability

The market is witnessing a shift towards  eco-friendly, recycled materials  and advanced design features. Lightweight designs, better grip, and customizable features attract the younger generation and align with modern performance expectations.

Segmentation Analysis


By Type

  • Wooden Bats (English & Kashmir Willow)  dominate due to their performance and historical preference.
  • EVA Bats  are gaining popularity for being lightweight, durable, and cost-effective, especially among beginners.

By End-user

  • Professional Players  account for the highest revenue share due to demand for high-performance bats.
  • Amateur Players  seek mid-to-premium range bats offering value and durability.
  • Recreational Players  prefer budget-friendly options for casual play.

By Price Range

  • Mid-Range Bats  led the market in 2024, appealing to a broad customer base.
  • Premium Bats  are expected to grow fastest due to rising disposable income and preference for branded, endorsed equipment.
  • Budget Bats  cater to beginners and recreational players in emerging markets.

Regional Insights


Asia Pacific


Leading the global cricket bat market, the region benefits from:

  • Strong cricket culture and grassroots support
  • Local manufacturing dominance (India produces 80% of protective gear globally)
  • Export networks to over 40 countries, including Europe and the Middle East

North America


Rapidly growing due to:

  • Technological innovation in bat manufacturing
  • Expanding cricket fan base and league formation (e.g., USA’s Major League Cricket)
  • Online sales channels and top-tier brand penetration

Europe


Europe, especially Germany and the U.K., is showing promising growth. Germany has expanded from  30 to over 400 cricket teams  since 1988. Female participation and youth programs are also on the rise.

South America & Middle East & Africa


Growth is fueled by:

  • Increased women’s cricket in Brazil
  • Expansion of domestic tournaments and youth development programs

Read More Info:   https://www.fortunebusinessinsights.com/cricket-bat-market-113141

Competitive Landscape


Continuous Development and Innovation resulted in the Dominating Position of the Key Players in the Market

The global cricket bat industry is concentrated with key players such as Adidas AG, Kookaburra Sport Pty Ltd, Grays International, Bradbury, and KIPPAX WILLOW LIMITED COMPANY, which account for a significant market share.

Strategic Developments

  • June 2024:   Kookaburra Sport Pty Ltd, a Melbourne based sports equipment and apparel company, launched 2024/25 cricket gear range, a collection that is set to transform the cricketing world. This collection includes variety of cricket bats
  • April 2024:   GR8 Sports India Pvt Ltd, a producer of Kashmir Willow cricket bats, launched a bat made of Kashmir willow for Women’s International Cricket.
  • October 2023:   Gray Nicolls, the well-known cricket brand and a manufacturer of rackets and cricket bats, unveiled a brand new cricket range for season 2022/23, which includes a couple of modern-day classics: the Predator and a modern twist of the bat.

The  cricket bat market  is set for steady growth through  2025 to 2032 , backed by increasing cricket adoption across demographics, tech-integrated products, and rising sports investment globally. Companies focusing on  sustainability innovation , and  partnerships  are well-positioned to dominate this evolving landscape.

Posted in: Business | 0 comments

Market Overview

According to   Fortune Business Insights , the global   veterinary care market   is witnessing steady growth, projected to rise from  USD 41.07 billion in 2025  to  USD 59.56 billion by 2032 , registering a  CAGR of 5.45%  during the forecast period. In 2024, the market stood at  USD 39.37 billion , with  North America  holding the largest share at  37.82% , driven by advanced   pet care   infrastructure, high awareness, and increasing pet adoption.

Veterinary care encompasses the diagnosis, prevention, and treatment of diseases in animals ranging from pets like dogs and cats to livestock such as pigs and horses. This includes both general health services and specialized procedures like orthopedic surgeries and spaying/neutering. The sector also plays a critical role in mitigating zoonotic diseases—those transmissible from animals to humans.

Competitive Landscape


Leading companies are focusing on geographic expansion, innovation, and product development to strengthen their market presence. Key players include:

  • Zoetis Services LLC (U.S.)
  • Merck & Co., Inc. (U.S.)
  • HESTER BIOSCIENCES LIMITED (India)
  • Ceva (France)
  • IDEXX (U.S.)
  • Vetoquinol (France)
  • Crown Veterinary Services Pvt. Ltd. (India)
  • Antech Diagnostics, Inc. (U.S.)
  • Virbac (France)
  • Boehringer Ingelheim International GmbH (Germany)

Request FREE Sample Copy of Veterinary Care Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/veterinary-care-market-113080

Market Dynamics


Market Drivers

  1. Rising Pet Adoption Worldwide

The growing trend of pet ownership across age groups has become a significant market driver. Pets are increasingly valued for companionship, emotional support, and improved mental well-being. Developing nations like  India, Brazil, Thailand , and  Vietnam  are witnessing a surge in pet adoption, supported by online platforms spreading awareness.

According to the  American Veterinary Medical Foundation (AVMF) , between  2016 and 2020 , U.S. households owning dogs rose from  38% to 45% , while cat ownership climbed from  26% to 29%  between  2020 and 2022 . Such trends are fueling demand for preventive, diagnostic, and specialized veterinary services.

Market Restraints

  1. Increasing Cost of Veterinary Services

The rising cost of veterinary care, driven by high operational expenditures, labor shortages, and regulatory pressures, is a key restraint. The  Independent Veterinary Practitioners Association  notes a  60% rise in service costs  over the past decade. As specialized care becomes more complex, the need for highly trained veterinarians raises expenses, potentially limiting access to care.

Market Opportunities

  1. Integration of Advanced Technology

The integration of cutting-edge technologies such as  MRI, laparoscopy, ultrasound , and  telehealth services  is transforming animal healthcare. These innovations improve diagnosis, treatment outcomes, and client engagement. Social media is also playing a pivotal role in promoting veterinary awareness and expanding customer reach.

Key Trends

  1. Increasing Focus on Animal Health Awareness

Animal health awareness campaigns by governments, NGOs, and veterinary clinics are bolstering market growth. Pet owners today are more educated on preventive healthcare, thanks to health camps, teleconsultation services, and online platforms. This growing awareness is particularly notable in emerging markets, where access to veterinary services is expanding rapidly.

Segmentation Analysis


By Animal Type

  • Dogs & Cats  dominate the market due to high adoption rates and increased owner awareness regarding regular checkups and advanced treatments.
  • The  horse segment  is projected to witness robust growth, aided by online adoption platforms and rising equine healthcare investments.

By Type

  • Preventive and Routine Care  holds the largest market share, fueled by increasing demand for vaccinations, wellness exams, and parasite prevention.
  • Diagnostic Care  is expected to grow at the  highest CAGR , with pet owners seeking early detection methods such as blood tests, biopsies, and imaging for illness prevention and management.

Read More Info:   https://www.fortunebusinessinsights.com/veterinary-care-market-113080

Regional Insights


North America (USD 14.89 Billion in 2024)

North America leads the global veterinary care market due to high pet ownership, advanced infrastructure, and increased awareness. As per the  American Pet Products Association (APPA) 70% of U.S. households —about  90.5 million families —owned pets in 2021–2022. The region continues to invest in advanced diagnostic and treatment services.

Europe

Europe is projected to grow at a considerable CAGR, driven by increasing pet ownership and enhanced diagnostic capabilities in nations like  Germany, the U.K., France , and  Italy . Over  90 million households  in Europe owned pets in 2021, with cats leading in popularity.

Asia Pacific

Rapid urbanization, rising disposable income, and pet humanization trends are fueling growth in the Asia Pacific region. Countries such as  India  are seeing a boom in pet care due to favourable demographics and increased spending.

South America and Middle East & Africa

These regions are expected to experience significant growth owing to increasing pet adoption, health awareness, and support from NGOs and government-led campaigns. Countries like  Brazil Argentina , and the  UAE  are emerging as key contributors to regional expansion.

Recent Developments

  • December 2024 –   Mars, Incorporate, a U.S.-based company, has invested in Crown Veterinary Services to enter into India's veterinary care sector. The investment will help the company enhance its business in India and improve its customer reach.
  • November 2024 –   Walmart Inc., a U.S.-based omni-channel retailer, has announced to expand its pet care services by opening five new Walmart Pet Services Centers in Georgia and Arizona. This center will offer veterinary care services such as veterinary prescription drug delivery and veterinary telehealth.

  The veterinary care market is poised for steady expansion as pet adoption continues to rise, particularly in emerging economies. Despite cost-related challenges, advancements in diagnostics and telehealth services, combined with growing animal health awareness, are expected to unlock new growth opportunities for industry players in the coming years.

Posted in: Business | 0 comments

Market Overview


According to Fortune Business Insights, the global   gift retailing market  was valued at  USD 475.00 billion in 2024  and is projected to rise to  USD 630.52 billion by 2032 , growing at a  CAGR of 3.61%  during the forecast period. Europe led the market with a  37.7% share in 2024 , followed by North America and Asia Pacific. The market comprises a diverse range of gift products including greeting cards, jewelry, apparel, accessories, and more.

The growth of the gift retailing market is fueled by evolving gift-giving traditions, rising disposable incomes, and the popularity of personalized and premium products. Key players such as  American Greetings Corporation, Card Factory, Ferns N Petals Pvt. Ltd, Macy’s Inc.,  and  Archies Limited  are expanding their offerings to meet diverse consumer needs.

List of Key Gift Retailing Companies Profiled

  • American Greetings Corporation (U.S.)
  • Card Factory (U.K.)
  • Ferns N Petals Pvt. Ltd (India)
  • Macys Inc. (U.S.)
  • Archies Limited (India)
  • The Walt Disney Co (U.S.)
  • Spencer Gifts LLC (U.S.)
  • AG Custom Gifts (U.S.)
  • com Limited (U.K.)
  • Enesco, LLC (U.S.)

Request FREE Sample PDF Copy of   Gift Retailing Market:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/gift-retailing-market-112953

Market Dynamics


Market Drivers

  • Increased Spending on Occasions:  Events like Valentine’s Day, Mother’s Day, and corporate milestones are driving gift purchases.
  • Corporate Gifting Boom:  Businesses are increasingly investing in gifting to employees, clients, and partners to foster engagement.
  • Rise of Social Media Influence:  Platforms like Instagram and Pinterest are popularizing creative gifting ideas and boosting demand.

Key Market Restraints

  • Seasonal Demand Variations
  • Rising Material and Logistics Costs
  • Intensifying Market Competition

Market Opportunities & Trends

  • Sustainable & Eco-Friendly Gifts:  Recycled notebooks, organic cotton bags, and plantable gifts are gaining traction.
  • Personalized Gifting:  Customized products such as engraved items and photo books are fueling market expansion.
  • Online Retail Boom:  E-commerce is emerging as a strong sales channel due to convenience, reach, and gifting options.

Segmentation Analysis


By Product


The gift retailing market is segmented into greeting cards, jewelry, flowers & chocolates, apparel & accessories, toys & games,   home décor , and others. Among these, the apparel & accessories segment led the market in 2024 due to its practicality and wide gifting appeal. Customized clothing items like t-shirts and baby outfits are popular choices for various occasions. Additionally, the rising trend of gifting stylish accessories such as watches, handbags, and belts is significantly driving this segment’s growth.

Jewelry ranked as the second-largest product category, supported by strong cultural traditions in regions like Asia, where gifting gold and precious jewelry during weddings and festivals is customary.

By Category


The market is classified into festive gifts, personal gifts, and corporate gifts. In 2024, personal gifts accounted for the largest share due to the growing popularity of celebrating occasions such as birthdays, anniversaries, and Valentine’s Day. Rising disposable income and the emotional value attached to personalize gifting continue to fuel this segment.

The corporate gifts segment is projected to register the fastest growth, driven by rising corporate events, employee recognition programs, and brand promotion strategies.

By Distribution Channel


Based on distribution channels, the market includes supermarkets/hypermarkets, departmental stores, online/e-commerce, and others. Departmental stores dominate, offering an extensive range of giftable products such as apparel, toys, and   cosmetics   under one roof.

However, the online/e-commerce segment is poised for rapid growth, thanks to its convenience, broad product availability, and the ability to deliver gifts across multiple locations, especially during holidays and peak gifting seasons.

Regional Insights

  • Europe:  Largest market driven by strong traditions and rising luxury gifting.
  • North America:  High disposable income and strong corporate gifting culture.
  • Asia Pacific:  Fastest-growing market with surging e-commerce and festive gift-giving traditions.
  • South America & MEA:  Boosted by retail expansion, tourism, and celebration culture.

Competitive Landscape


Key Players Focus on Product Diversification and Strategic Marketing to Enhance Market Presence

The global gift retailing market features a mix of well-established and emerging brands actively working to meet evolving consumer demands. Leading companies are prioritizing product innovation and diversified offerings tailored for various occasions such as weddings, birthdays, anniversaries, housewarmings, and festive celebrations.

A wide-ranging product portfolio—including toys, greeting cards, chocolates, flowers, accessories, and more—enables these brands to capture a broader consumer base and drive consistent sales. Additionally, the growing demand for personalized and eco-friendly gifts is prompting many companies to introduce sustainable and customized gift options, aligning with consumer preferences for environmentally conscious products.

To get to know more about this market; please visit:   https://www.fortunebusinessinsights.com/gift-retailing-market-112953

To stay competitive and strengthen their market visibility, key players are increasingly investing in advertising campaigns, seasonal promotions, and digital marketing strategies. These efforts help in building brand recognition, engaging new customers, and reinforcing loyalty among existing ones. The emphasis on innovative product development combined with strategic outreach initiatives is expected to shape the competitive dynamics of the global gift retailing market over the forecast period.

KEY INDUSTRY DEVELOPMENTS

  • April 2025:   The Gifted Apple, a U.S.-based gift retailer, launched its new brick-and-mortar shop in Owensboro, U.S. The new store offers unique gifts for various occasions such as holidays and birthdays.
  • November 2024:   IGP (International Gifting Platform), an India-based gifts retailer, unveiled its new campaign, including an ad film that highlights anniversary gifting. The campaign helped the company increase its brand awareness.
  • September 2024:   Deliveroo, a U.K.-based online delivery brand, collaborated with Not On the High Street, a U.K.-based online marketplace, to expand its customized gifting service.
Posted in: Business | 0 comments

Market Overview

According to Fortune Business Insights, the global   comic book market   size is projected to be worth more than   USD 26.75 billion   by   2032 , expanding at a healthy   CAGR of 6.09%   during the forecast period. The market size increased by   USD 16.83 billion   in   2024   to reach   USD 17.69 billion   in   2025.   The popularity of the product is soaring across the world, led by collaborative efforts being made between brands to deliver more appealing comic content. For instance, Indian news media company NDTV revealed that in March 2021, the Union Education Minister of India launched 100 comics created by teachers and students of the Central Board of Secondary Education (CBSE) schools.

Comic books have been popular for decades and continue to rise in popularity worldwide. Besides serving recreational and entertainment purposes, they help readers enhance vocabulary. They are also helpful for children with learning difficulties. For example, kids with autism can learn to identify emotions through the visual representation. To capitalize on the constantly increasing popularity of comics, brands are focusing on developing new books with fascinating stories and attractive graphics.

Request FREE Sample Copy of Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/comic-book-market-103903

List of Key Players Profiled in the Comic Book Market:

  • 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.)

Segments-


Type, End-User, Distribution Channel, and Region are studied for the Market


Based on type, the market is bifurcated into physical comic and digital comic. By end-user, it is divided into male and female. On the basis of distribution channel, it is segmented into comic stores, book stores, and online stores, and others. In terms of region, it is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.  

Report Coverage-


The research report provides in-depth coverage of granular and actionable data. It focuses on major aspects such as key industry players, products, demanding technologies, and applications. The report offers comprehensive insights into notable recent developments in the rapidly evolving market landscape. Additionally, it covers several direct and indirect factors that have contributed to the comic book market growth in the past few years.

Drivers & Restraints-     


Surging Popularity of Comical Events to Strengthen Market Outlook


Comic events, such as Comic-Con, have gained widespread popularity across the world. For instance, the San Diego Convention Center data issued in 2021 demonstrates that over 150,000 attendees attended the New York Comic-Con event, whereas the Japan Comiket event recorded around 111,000 attendees. This factor plays a crucial role in influencing the adoption of the product among people. Consumer interest in superhero comics is also emerging as a pivotal trend. Leading players, such as Marvel and DC, currently dominate the market in the U.S., owing to their rich portfolio of superhero comic content.  

However, intense competition from alternative products, such as fictional and non-fictional books, could limit the adoption of the product to some extent.

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

Regional Insights-


Asia Pacific to Proliferate Powered by Flourishing Anime Industry in Japan


Asia Pacific generated sales revenue worth USD 8.90 billion in the global market in 2024. The flourishing anime industry in Japan among domestic and international readers means that the regional market will record monumental growth over the projected timeframe. In 2018, the Japanese anime industry experienced 15.1% growth, reports the Association of Japanese Animation.

The European market is expected to attain a sizable valuation by the end of 2028, led by increasing product production in EU countries. For instance, according to data issued by Publisher Weekly in 2020, the direct market had a network of around 2,000 independent comic magazines and book shops alone in the U.S. In addition, the low unemployment rate among the youth population, which is the major consumer of comics, will drive the regional market.

Meanwhile, the market in North America will experience robust sales, owing to the expanding number of comic stores. As per the World Bank, the urban population in South Africa accounted for over 67.35% in 2020, up from 66.86% in 2019.

Industry Developments-

  • August 2022 –   Dark Horse Media, LLC announced the launch of a new comic, Frankenstein: New World. Frankenstein has been a part of Hellboy, Dark Horse Comics' well-known character, and the demand for the comic is increasing among fans of the Hellboy universe.
  • August 2022 –   Rebellion launched Best of Cat Girl U.K.’s beloved super heroine into its collection. In June 2022, The company unveiled a stunning new collection of Black Beth, first developed in the 1970s. The company focuses on launching comics on long-lost classics and targeting a new generation of fans.
  • July 2022 –   Marvel Entertainment, LLC announced the launch of new comics, Ant-Man, Captain America: Symbol of Truth, Gambit, Iron Cat, Star Wars, Wolverine: Patch, and the Variants. These launches will help the company enhance its brand portfolio and generate more revenue.
Posted in: Business | 0 comments

According to a report published by   Fortune Business Insights , the global   cosmetics market   size is projected to reach USD 556.21 billion by the end of 2032. The increasing demand for clean-labelled products will bode well for the market in the coming years. A report titled “Cosmetics Market Size, Share & Industry Analysis, By Category (Haircare, Skincare, Makeup, and Others), By Gender (Men and Women), By Distribution Channel (Specialty Stores, Hypermarket/Supermarket, Online Channels, and Others), and Regional Forecast, 2025-2032,” the market size was valued at USD 335.95 billion in 2024 to grow from USD 354.68 billion in 2025 and will exhibit a CAGR of 6.64% during the forecast period.

Cosmetics are products that are used to enhance the aesthetics and visual appearance of the body. The emphasis on the use of skin friendly products has come as a welcome opportunity to standout in the fragmented cosmetics market. The massive global demand for cosmetics has shaped up the structure of the market. The presence of several large scale companies and the subsequently rising investments in the R&D of skin-friendly cosmetics will bode well for the market in the coming years. Moreover, variations in product offerings have played a huge role in the growth of the market in recent years. The adoption of healthy and visually appealing lifestyle will lead to a wider adoption of cosmetics and subsequently aid the growth of the market.

Request FREE Sample Copy of Cosmetic Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cosmetics-market-102614

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.)

Segmentation Analysis

By Category

The global cosmetics market is segmented into skincare,   haircare , makeup, and others. In 2024, the skincare segment dominated with a 35.08% market share, driven by rising demand for skincare products and the introduction of new brands. Companies are expanding their skincare portfolios to meet evolving consumer preferences. For instance, in April 2022, Japan-based Shiseido launched its new skincare brand Ulé in France, enhancing its market presence.

The haircare segment is projected to witness substantial growth throughout the forecast period. Increased awareness of scalp health and the rise in hair-related issues such as dandruff, hair fall, and dryness are fueling demand. In April 2024, U.S.-based epres introduced its Healthy Hair   Shampoo   & Conditioner, developed using Biodiffusion Technology, further propelling this segment.

By Gender

Based on gender, the market is bifurcated into men and women. The women segment led in 2024, driven by heightened beauty consciousness, urbanization, and increased participation of women in the workforce. The need for protection against pollution and daily   skincare   routines has fueled product adoption. In March 2022, SOLIA Corporation launched MELCE Sparkling Spa Shampoo for women, featuring carbonated foam technology.

The men segment is expected to grow significantly due to shifting grooming norms and rising interest in personal care. Growing disposable income and a focus on professional appearance are also boosting demand.

By Distribution Channel

The market is segmented into hypermarkets/supermarkets, specialty stores, online channels, and others. In 2024, hypermarkets/supermarkets led due to wide product availability and attractive in-store promotions.

The online segment is poised for rapid growth, fueled by the convenience of home delivery, wider product selection, and increasing consumer preference for digital shopping platforms.

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.

North America Currently Fast Growing Market; Increasing Investment in Product R&D Will Aid Growth

The report analyzes the ongoing cosmetics market trends across North America, South America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, North America will witness the highest growth in the coming years. The massive investments by large scale companies towards the development of organic products will aid the growth of the regional market.

According to the Bureau of Labor Statistics, a government agency, in 2022, the labor force participation rate for women was 56.8% across the U.S. Asia Pacific region accounted for the largest market share in 2024. The market in Asia Pacific will also witness considerable growth in the coming years, owing to the high population and the subsequently high demand for cosmetics and cosmetic products in several countries across this region.

To get to know more about this market; please visit:   https://www.fortunebusinessinsights.com/cosmetics-market-102614

Industry Developments:

  • 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.
Posted in: Business | 0 comments
   / 12  
Market News
Followers:
bestcwlinks willybenny01 beejgordy quietsong vigilantcommunications avwanthomas audraking askbarb artisticsflix artisticflix aanderson645 arojo29 anointedhearts annrule rsacd
Recently Rated:
stats
Blogs: 114
Profile Tag Cloud: