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)

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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.

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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.

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.)

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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.

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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.

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.

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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.

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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.

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.

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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.

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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.

Market Overview

According to   Fortune Business Insights, t he global   kids casual wear market   size was valued at  USD 117.57 billion in 2024  and is projected to grow to  USD 124.93 billion in 2025 , eventually reaching  USD 196.16 billion by 2032 , at a  CAGR of 6.66%  during the forecast period. This robust growth is driven by evolving consumer lifestyles, rising disposable income, and increasing fashion consciousness among both parents and children.

Asia Pacific  led the market in 2024, holding a dominant  35.16% market share , fueled by higher purchasing power, urbanization, and the rapid expansion of e-commerce across the region.

Competitive Landscape

The global kids casual wear market is highly competitive, with companies focusing on  innovative designs ,  sustainability , and  personalization  to gain market share. Brands are also leveraging  influencer collaborations ,  celebrity partnerships , and  exclusive collections  to enhance brand visibility.

Key Market Players

• Nike (U.S.)
• Adidas (Germany)
• H&M (Sweden)
• Zara (Spain)
• Gap Inc. (U.S.)
• Uniqlo (Japan)
• Carter’s (U.S.)
• The Children’s Place (U.S.)
• Tommy Hilfiger (U.S.)
• Under Armour (U.S.)

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Key Market Drivers

1. Social Media Influence and Digital Exposure

The rise of social media platforms such as Instagram, TikTok, and YouTube has significantly shaped children’s fashion choices. According to Sprout Social, the influencer marketing industry will hit  USD 32.55 billion in 2025 , with  49% of consumers  making monthly purchases based on influencer content. This digital exposure is prompting brands to launch trend-driven and mini-me fashion collections to cater to modern, style-conscious kids and their parents.

2. Urbanization and E-Commerce Expansion

The global spread of e-commerce, particularly mobile commerce in emerging economies, has made kids casual wear more accessible than ever. Consumers now have access to a broad range of trendy, functional, and affordable clothing options, driving higher market penetration and sales volumes.

3. Fashion and Functionality Combined

Today’s parents prefer clothing that blends comfort, durability, and style. This has increased demand for cotton-rich, breathable, and easy-to-maintain fabrics. Kids’ clothing now prioritizes convenience without compromising on trend appeal.

Market Restraints

Price Sensitivity Among Consumers

High price sensitivity remains a key challenge, especially in emerging economies. Due to frequent size changes and wear-and-tear, parents tend to avoid investing in high-end or branded kids wear, which limits the premium segment’s growth.

Market Opportunities

Sustainable and Eco-Friendly Kidswear

Growing environmental awareness is encouraging the adoption of  organic fabrics ,  low-impact dyes , and  ethical production processes  in children’s apparel. Brands focusing on sustainability are likely to gain long-term consumer loyalty.

Key Trends

Technologically Advanced Apparel

Innovations in fabric technology, such as moisture-wicking, compression, and aerodynamic materials, are being integrated into kids casual wear. These advancements improve comfort and appeal to parents who prioritize performance-enhancing clothing for active kids.

Market Segmentation

By Product

• Top Wear  dominated in 2024 due to versatility, variety, and frequent replacements.
• Bottom Wear  is expected to grow at the fastest CAGR, driven by demand for  gender-neutral  and  eco-conscious  fashion.

By End-User

• Boys Segment  led the market due to high volume purchases.
• Girls Segment  will grow fastest, driven by fashion-forward demand and increased variety in styles.

By Age Group

• Above 10 Years  held the largest share in 2024, as children in this group are increasingly fashion-conscious.
• Below 5 Years  segment is poised for the highest CAGR, supported by rising demand for branded infant wear and durable toddler apparel.

By Distribution Channel

• Offline Retail  led the market in 2024 due to the need for physical product inspection and fit.
• Online Retail  is expected to expand rapidly, backed by increasing smartphone penetration and e-commerce platforms offering convenience and variety.

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Regional Insights

Asia Pacific

Held a market size of  USD 41.34 billion in 2024 , leading globally due to rising disposable incomes, digital adoption, and an expanding middle class. Countries like  India, China, and Southeast Asia  are key contributors.

North America

Ranks second, with growing demand for comfort-first clothing, character-based apparel, and fashion-conscious parenting driving market growth. Events like Halloween and cosplay festivals further boost seasonal sales.

Europe

Projected to witness the fastest growth, driven by strong consumer preference for  sustainable and ethically produced  clothing. European parents are quick to adopt high-fashion trends for children.

South America & Middle East & Africa

These emerging regions are poised for steady growth due to high birth rates, urban migration, and increased exposure to global fashion through digital platforms.

Notable Developments

• Jan 2025 : Zara launched a  Paddington Bear-inspired kidswear line .
• Sep 2024 : Disney x Gap Inc. released a  90s varsity-themed collection for all age groups.
• Sep 2023 : KKCL debuted  Junior Killer , entering the Indian kidswear market.
• Nov 2022 : Adidas expanded in India with a new store offering an extensive kids casual wear line.

The  kids casual wear market  is on a steady upward trajectory, driven by digital influence, growing fashion awareness, and increased spending on children’s lifestyle products. As sustainability and personalization become more central, brands that embrace innovation, ethical manufacturing, and consumer engagement will be well-positioned to lead this competitive landscape from 2025 to 2032.

Market Overview

According to Fortune Business Insights, the global   haircare tools market  was valued at  USD 28.39 billion in 2024  and is projected to grow to  USD 29.37 billion in 2025 , reaching  USD 41.33 billion by 2032  at a  CAGR of 5.00%  during the forecast period. Rising consumer focus on personal grooming, self-care, and salon-quality styling at home is a key driver fueling this growth.

Asia Pacific led the global market in 2024 , accounting for  96.23%  of the total share, driven by increasing disposable income, urbanization, and growing influence of beauty influencers across countries like India, China, and Japan.

Key Companies Profiled

• Koninklijke Philips N.V. (Netherlands)
• Wahl Clipper Corporation (U.S.)
• Helen of Troy (U.S.)
• Dyson Limited (Singapore)
• Panasonic Holdings Corporation (Japan)
• Conair Corporation (U.S.)
• Solano International (U.S.)
• Elchim (Italy)
• Bio Ionic (Sweden)

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Key Market Drivers

Growing Personal Grooming Awareness

Changing lifestyles, increased awareness about hair health, and rising prevalence of hair-related concerns are encouraging consumers to invest in  premium haircare tools  such as dryers, straighteners, and scalp massagers.

Celebrity & Influencer Endorsements

The impact of influencers and celebrity endorsements has led to the rapid adoption of grooming tools among younger demographics, particularly in urban and semi-urban areas.

Home Styling Preference

Consumers increasingly seek  salon-quality styling at home , boosting demand for innovative tools that offer convenience, precision, and enhanced hair protection.

Market Restraints

• Heat Damage Concerns : Overuse of heat-based tools like straighteners and curling irons can damage hair and scalp health, limiting regular usage.
• High Price Point : Advanced haircare appliances with premium features may be unaffordable for middle-income consumers, affecting adoption rates.

Growth Opportunities

Technological Advancements

Companies are integrating  smart features  and  energy-saving technology  into tools to enhance user experience. Products like Vega’s  LitStyle Hair Dryer Brush  and Philips’  energy-efficient Hair Dryer 8000  illustrate this shift.

Sustainable & Travel-Friendly Designs

Demand for  compact ,  eco-friendly , and  travel-ready tools  is growing among environment-conscious consumers and frequent travelers, opening up new market opportunities.

Key Market Trends

• DIY & At-Home Haircare Boom
  The surge in  do-it-yourself grooming routines  post-pandemic is boosting sales of  cordless hot tools, AI-powered stylers , and  lightweight dryers .
• Rising E-commerce Penetration
  Online platforms offer variety, convenience, competitive pricing, and access to niche global brands—making them increasingly preferred by digital-native consumers.

Segmentation Analysis

By Type

• Hair Dryers  held the  largest market share in 2024 , driven by features like ThermoShield tech and ergonomic designs.
• Scalp Massagers  to witness  fastest growth , attributed to benefits such as increased blood circulation, stress relief, and hair growth stimulation.

By End User

• Individual Consumers  dominate, supported by rising self-care trends and desire for at-home styling tools.
• Commercial Segment  is growing steadily due to salon expansion and increasing demand from hairstylists for advanced equipment.

By Distribution Channel

• Offline Stores  remain dominant, offering immediate product access and in-store demos.
• Online Retail  expected to grow at  fastest CAGR , thanks to broader product selection, reviews, virtual trials, and home delivery.

Regional Insights

Asia Pacific – Leading Region

Valued at  USD 9.29 billion in 2024 , the region benefits from:

• Increased spending on personal care.
• Rising digital awareness via influencers.
• Availability of affordable grooming products.

North America

The U.S. leads regional growth with  tech-savvy consumers , rising salon numbers, and high demand for  AI-integrated smart tools .

Europe

Market bolstered by fashion-forward consumers and renowned brands like  Elchim  and  Bio Ionic , especially in Germany, Italy, and France.

South America & Middle East & Africa

Driven by:

• Rising popularity of hair styling tutorials.
• Expanding access to e-commerce.
• Increasing awareness among Gen Z and millennial consumers.

To get to know more about this market; please visit:   https://www.fortunebusinessinsights.com/haircare-tools-market-113424

Competitive Landscape

The  haircare tools market  is  fragmented  yet competitive, with leading players focusing on:

• R&D innovation  for smarter, safer, and faster styling.
• Strategic partnerships  with salons, influencers, and retailers.
• Geographic expansion  via exclusive stores and online platforms.

Recent Industry Developments

• Feb 2025 : Cécred launched a comb and brush collection in the U.S.
• Oct 2024 : Wavytalk partnered with influencer Danielle Athena to launch Pro Steam Hair Straightener Brush.
• July 2024 : GHD unveiled a blow-dry brush offering heat-free detangling.
• Jan 2024 : L'Oréal launched the dual-use Airlight Pro tool at CES 2024.
• Jan 2022 : GIMME Beauty introduced cordless hot tools for all hair types.

Key Market Insights

According to Fortune Business Insights, the  bra market   size was valued at  USD 25.18 billion in 2024  and is projected to rise from  USD 27.38 billion in 2025  to  USD 51.09 billion by 2032 , showcasing a  CAGR of 9.32%  during the forecast period. The market's growth trajectory is primarily fueled by rising consumer demand for comfort, inclusivity, functionality, and innovation in women's intimate apparel.

Asia Pacific dominated the market in 2024, accounting for a significant 91.19% share, with continued growth expected due to rising disposable incomes, awareness, and expanding fashion influence.

Competitive Landscape

The global bra market is highly competitive with both heritage brands and new entrants focusing on innovation, inclusivity, and eco-conscious products.

Key Players Profiled

• Victoria’s Secret (U.S.)
• Hanesbrands Inc. (U.S.)
• Chantelle (France)
• Wacoal (Japan)
• Triumph International (Switzerland)
• Calvin Klein Underwear (U.S.)
• Maidenform (U.S.)
• La Perla (Italy)
• Savage X Fenty (U.S.)

Request FREE Sample Copy of Bra Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/bra-market-107937

Key Strategies:

• Partnerships & M&A : Brands like Victoria’s Secret, PVH Corp., and Triumph International are forming collaborations and acquisitions to expand market share.
• Franchise Expansion : Many brands are exploring franchise models for greater market penetration.
• Targeted Offerings : Launch of  demi-cup bras  to appeal to younger demographics (18–30 age group), and  full-coverage styles  for older customers.

Market Drivers

1. Evolving Consumer Preferences

Modern consumers are increasingly prioritizing comfort, fit, and body inclusivity in intimate wear. Styles such as wireless bras, sports bras, and bralettes are seeing heightened demand due to their adaptability and comfort.

2. Technological Innovations

Advancements such as AI-driven size recommendations, virtual try-ons, and subscription models are revolutionizing how consumers shop for bras, enhancing personalization and satisfaction.

3. Rise in Health and Fitness Consciousness

The surge in female participation in sports and physical activities is propelling demand for sports bras, which now serve both functional and fashion purposes.

Market Restraints

• Sizing inconsistencies  across brands and regions continue to challenge the industry, resulting in high return rates and customer dissatisfaction.
• Limited size inclusivity  in many offerings deters potential buyers, restraining growth despite the push for body positivity.

Market Opportunities

Social Media Influence

Platforms like Instagram and TikTok play a pivotal role in shaping lingerie trends. Influencer marketing, brand collaborations, and lifestyle content have made social media a powerful tool for boosting awareness and sales. As of 2021, over  4.48 billion people  were active social media users—an opportunity brands are actively capitalizing on.

Market Trends

Fitness and Sports Engagement

The growing inclination of women towards fitness is increasing the demand for  high-impact and supportive sports bras . Features such as moisture-wicking fabric, bounce control, and anti-chafing designs are driving product innovation.

Segmentation Analysis

By Product

• Others (Underwired, Bralette, Push-up, etc.) : Dominates the segment due to fashion versatility and increasing breast surgery cases fueling demand for post-operative bras.
• Sports Bras : Expected to grow rapidly as athletic engagement and activewear trends rise.
• Maternity/Nursing Bras : Gaining popularity as consumers seek functionality during pregnancy and postpartum stages.

By Material

• Cotton : Leads the market due to its breathability, comfort, and suitability across climates.
• Satin : Fastest-growing segment, appreciated for its affordability, luxurious look, and gentleness on skin—ideal for nightwear and self-care lingerie.

By Distribution Channel

• Specialty/Branded Stores : Largest share in 2024 due to expert assistance, brand trust, and in-store experience.
• Online Retail : Poised for fastest growth due to convenience, AR-based virtual fitting tools, privacy, and broader size range availability.

To get to know more about this Market:   https://www.fortunebusinessinsights.com/bra-market-107937

Regional Insights

Asia Pacific

Largest and fastest-growing market, driven by Western brand penetration, rising awareness, and investment in textile technology (e.g., Bangladesh’s RMG industry upgrades).

North America

Strong presence of established brands like Victoria’s Secret, Jockey, and Calvin Klein. Fitness and fashion culture significantly influence product adoption.

Europe

Second-largest region, thriving on fast fashion, sustainability, and innovation from local brands like Hunkemöller and Triumph.

South America & Middle East & Africa

Growing due to increasing beach and sports activities. Brazilian lingerie trends and international brand entry are catalyzing regional growth.

Recent Developments

• July 2023 :  La Vie en Rose entered the Indian market via partnership with Apparel Group.
• June 2023 :  Victoria’s Secret launched over 4,000 SKUs on Amazon Fashion.
• Sept 2022 :  Maikai Clothing introduced biodegradable cotton sports bras in India.
• May 2022 :  CALIDA GROUP acquired Cosabella to enhance U.S. market presence.
• April 2021 :  Parade launched a new sustainable bralette line with inclusive sizing up to 3X.

The global   bra market  is poised for substantial growth through 2032, driven by rising consumer awareness, product diversification, inclusive marketing, and digital retail innovations. Key players continue to evolve through strategic partnerships, product launches, and eco-conscious innovation to cater to a diverse and fashion-forward global audience.

Market Overview:

According to   Fortune Business Insights , the   wax melts market   is poised for steady growth, with its size valued at USD 1.46 billion in 2024 and projected to reach USD 1.52 billion in 2025, eventually expanding to USD 2.12 billion by 2032 at a CAGR of 4.84%, according to Fortune Business Insights. Wax melts small pieces of scented wax designed to melt and release fragrance are increasingly being used in residential homes as well as commercial spaces such as offices, cafés, restaurants, and hospitality venues to enhance ambiance. Available in a variety of colors, sizes, and fragrances, wax melts cater to diverse consumer preferences. Their longer-lasting scent and versatility compared to traditional candles are key factors driving their growing popularity across global markets.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• The Yankee Candle Company, Inc. (U.S.)
• East Coast Candles Company (U.S.)
• Bramble Bay Collections (Australia)
• Bridgewater Candle Company (U.S.)
• C. JOHNSON & SON, INC. (U.S.)
• Procter & Gamble (U.S.)
• Hampshire Candles (U.K.)
• Shearer Candles (U.K.)
• OLOR (U.K.)
• Kana Creations (India)

Request FREE Sample Copy of Wax Melts Market Report:   https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/wax-melts-market-112079

Segmentation:

Demand for Paraffin Wax Rises Owing to Its Widespread Use in Commercial Places

Based on product type, the market includes paraffin wax, beeswax, soy wax, and others. The paraffin wax segment is dominating the global market as this type of wax melt is extensively used in several commercial spaces, such as hotels, spas & salons, and restaurants as it can create a pleasant indoor environment.

Enhanced Mood and Energy Levels to Popularize Fresh/Citrus Fragrance Among Customers

Based on fragrance type, the market is divided into floral, fresh/citrus, fruity, and others. The fresh/citrus segment is expected to dominate the global wax melts market share as this fragrance is known to boost the mood and energy levels of individuals. This is why this wax melts of this fragrance are being widely used in aromatherapy.

Rising Network of Convenience Stores Boosts Product Sales from Retail Outlets/Offline Stores

Based on distribution channel, the market is divided into retail outlets/offline and e-commerce/online. The retail outlets/offline segment accounts for the biggest market share as the network of convenience stores, supermarkets, and hypermarkets is increasing across the world. These stores offer a wide range of wax melts in diverse price ranges.

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 product types, fragrance types, distribution channels, and prominent market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Rising Awareness Regarding Home Hygiene and Décor to Bolster Market Growth

Customers across the world are becoming more aware of various home hygiene and décor products, such as candles, room sprays, incense sticks, essential oils, and wax melts. These products play a vital role in creating a pleasant environment at homes and in public spaces. Governments and NGOs are also launching various initiatives and campaigns to promote these home hygiene products. These factors are expected to boost the adoption of wax melts.

However, strong competition from substitutes can hinder the wax melts market growth.

Regional Insights:

North America Dominates Global Market Due to Rise in Construction of Residential Spaces

North America is dominating the global market as the region is witnessing a strong rise in the construction of residential spaces. Countries, such as the U.S., Mexico, and Canada are accelerating the construction of these spaces to accommodate the growing urban population. This factor is expected to boost the demand for modern home décor and hygiene products, such as wax melts.

Europe is also expected to record a commendable growth rate due to the growing popularity of scented home décor and scented products, such as candles to create a comfortable living environment at home.

To know more about this market, please visit:   https://www.fortunebusinessinsights.com/wax-melts-market-112079

Competitive Landscape:

Leading Manufacturers to Focus On Business Expansion to Increase Their Product’s Reach

The leading manufacturers operating in the wax melts market are focusing on expanding their business operations in various regions to increase the reach of their products and make more customers aware of their products. They are also launching unique wax melt products to cater to diverse customer requirements and preferences.

Notable Industry Development:

• October 2024:   IRIS Home Fragrances, an Indian manufacturer of home fragrance products, launched a new collection of four exquisite Diwali gift sets. This set included wax melts, candles, reed diffusers, and other products to help their customers create a calm and peaceful environment at their homes.
• August 2023 : Classic Candle, a U.K.-based home fragrance brand, announced the launch of MiniPot Wax Melts. These wax melts were created from white wax and featured in the brand’s signature classic packaging.