Organic Personal Care Market Current and Future Trends, 2020-2027

Transparency Market Research has recently published a new research report, titled “Organic Personal Care Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2027.” The extensive research report provides an explanation of the overall global organic personal care products market by using Porter’s five forces analysis. This report offers holistic view of the competitive landscape, the threat of substitute products or services, threat regarding new entrants, the bargaining power of customers, and the bargaining power of suppliers.

The global organic personal care products market was valued at US$12.98 Bn in 2018 and is expected to reach US$28.66 Bn by 2027, surging at a growth rate of 9.2% between 2017 and 2027. The growth of the global organic personal care products market will also be attributable to the growing number of distribution channels and launching of new and innovative products into the market.

Personal care products manufactured from organic ingredients are projected to increase rapidly in the near future.  As consumers are trying to replace synthetic cosmetics and personal care products, they are gradually opting for organic products. The growing awareness amongst consumers about the hazards of synthetic chemicals is also providing a boost to the global organic personal care products market. Organic personal care products are free from chemicals such as aluminum salts, phthalates, parabens, and petrochemicals. In countries like China, India and Japan etc. are projected to be the emerging markets for organic personal care products in the forecast period.

The organic personal care products market is divided on the basis of type and region. The types of organic personal care products are skin care, hair care, cosmetics, oral care, and other products. Geographically, this market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

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North America region is the biggest market for the organic personal care products globally. As there is a high adoption of organic skincare, hair care, oral care and sun care products are projected to create new opportunities for the manufacturers & distributors of personal care products in the near future. Furthermore, the market in Asia Pacific is projected to expand at a significant growth rate during the forecast period. As companies are making heavy investment on advertising organic personal care products and running promotional campaigns to enhance the sale of organic personal care products in the forecast period. Some of the key players in the global organic personal care products market are Estee Lauder, The Body Shop, The Hain Celestial Group, and Yves Rocher.

The organic personal care products report highlights the SWOT analysis which includes the strengths, weakness, opportunity, and threats pertaining to the market. Porter’s Five Force Analysis in the report highlights threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitutes, and competitive rivalry. This analysis helps in understanding a company’s position in a particular industry as well as market entry strategies for new players. Key trends, both in terms of demand side and supply side is included, that helps in understanding the market scenario. Key market indicators are included in the report which portray some global facts such as growth of personal care product industry etc. in different countries across the globe.

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Baby Diaper Market Detailed Analysis and Forecast to 2027

According to a new market research report published by Transparency Market Research titled ‘Baby Diaper Market (Product: Cloth Diapers [Flat Cloth Diapers, Fitted Cloth Diapers, Pre-fold Cloth Diapers, and Others]; Disposable Diapers [Regular Disposable Diapers, Ultra-absorbent Disposable Diapers, and Biodegradable Disposable Diapers]; Training Nappies, and Swim Pants; Absorption Level: Low and High; Style: Tape Style and Pant Style; and Channel: Online, Offline [Supermarkets & Hypermarkets, Convenience Stores, Medical Stores], and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global baby diaper market is expected to reach value of US$ 84.1 Bn by 2027, expanding at a CAGR of 6.4% from 2019 to 2027. North America held the maximum share of the global market in 2018.

Demand for baby diapers is expected to increase in the near future, with the rising disposable income. Rise in awareness about usage of baby diapers, increase in the number of working women, and growing concerns about health of babies are anticipated to fuel the demand for baby diapers during the forecast period. Moreover, rise in the standards of living and increase in the purchasing power of consumers are expected to offer lucrative opportunities to the global market for baby diapers during the forecast period.

North America held a major share of the global baby diaper market in 2018. This was due to increasing awareness among parents about baby hygiene and increase in the income of consumers. The baby diaper market is primarily driven by increasing birth rate and growing awareness about baby hygiene. Increased spending on healthcare also fuels the market. Entry of new players in local as well as regional markets with a range of innovative products is likely to boost the market during the forecast period. Furthermore, rapid urbanization and improved economic conditions are likely to boost the market in the next few years.

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A key trend being witnessed in the global baby diaper market is increased investments in research and development by key players operating in the market. Ease of convenience, rising disposable income, and rapid urbanization are likely to drive the baby diaper market.

Among products, the disposable diapers segment held the leading share of the global baby diaper market in 2018. Disposable diapers are becoming immensely popular across the world. Disposable diapers are witnessing increase in the demand, due to higher comfort that they offer compared to cloth diapers. Availability of organic and eco-friendly products has fueled the adoption of biodegradable diapers in developed economies. Biodegradable diapers are made from organic, plant-based materials and they are free from plastic and harmful chemicals. Since these diapers are not manufactured by using petrochemicals, or skin irritants, and they are safe for baby skin, the demand for biodegradable diapers is increasing. This is driving the global baby diaper market.

Among absorption levels, the high absorption segment is expected to register the maximum CAGR of 6.5% from 2019 to 2027. Among styles, the tape style segment accounted for a major market share in 2018 and it is anticipated to expand at a CAGR of 6.3% during the forecast period.

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North America accounted for 30.1% share of the global baby diaper market in 2018 and it is anticipated to continue its dominance during the forecast period, due to high literacy rate, large working population, and new product development in the region. The market in North America is expected to expand at a CAGR of 6.6% during the forecast period.

The baby diaper market is characterized by a large number of local and regional players and intense competition among them. Some of the participants in the global baby diaper market are Bumkins, Fujian Shuangheng Group Co., Ltd., Hengan International, Johnson & Johnson, Kao Corporation, Kimberly-Clark Corporation, Ontex International N.V, Procter & Gamble Co., SCA Hygiene Products, and Unicharm Corporation.

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Electronic Equipment Repair Service Market Growth Opportunity, Industry Status and Forecast 2027

According to a new market report published by Transparency Market Research titled ‘Electronic Equipment Repair Service – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027,’ the global electronic equipment repair service market is expected to reach US$ 8,571.5 Mn by 2027, expanding at a CAGR of 8.1% from 2019 to 2027. Europe held a prominent share of the electronic equipment repair service market in 2018.

The adoption of electronic equipment has increased across the region due to continuous innovations and technological advancements in electronic equipment technologies. Electronic equipment such as consumer electronics, home appliances, medical equipment, and industrial equipment require maintenance and servicing to lengthen their life. This is expected to drive the electronic equipment repair service market during the forecast period. Moreover, rise in demand for refurbished electronic equipment in developing regions is a major factor that is expected to boost the electronic equipment repair market in the coming years. All these factors are anticipated to drive the electronic equipment repair service market during the forecast period.

However, a shift in consumer behavior toward purchasing new products and poor-quality or duplicate spare parts are expected to hamper the expansion of the electronic equipment repair service market during the forecast period.

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The consumer electronics segment is expected to expand at a rapid CAGR as consumers are more likely to repair or refurbish their current devices instead of investing in new equipment. This is anticipated to fuel the expansion of the electronic equipment repair service market in the coming years. Under the consumer electronics segment, the smart phone & mobile phones sub-segment holds a major share of the market, followed by the television and others segments (music players, routers, etc.). Increased dependence of modern day individuals on the Internet in everyday life has created a need for portable connected devices that allow access to the Internet anywhere and everywhere. In that respect, smartphones offer Internet connectivity on-the-go along with the advantages of traditional mobile phones or feature phones. Owing to these factors, the smartphones and mobile phone segment is expected to maintain its market share during the forecast period.

The market in Asia Pacific is expected to expand at a rapid CAGR as compared to other regions due to increase in urbanization and rise in population during the forecast period. The electronic equipment repair service market in China is expected to be valued at US$ 16.89 Bn by 2026 and is expected to expand at a CAGR of 8.9% during the forecast period. As repair services providers offer a wide range of services, including insurance and warranty for equipment, the electronic equipment repair service market is anticipated to see prominent expansion opportunities in the coming years. Furthermore, service providers offer advanced repair solutions and maintenance services to consumers, which has led to the expansion of the out of warranty segment across different regions.

In terms of end-use, the residential segment held a prominent market share of around 75.36% of the global electronic equipment repair service market in 2017. Government regulations for e-waste management support electronic equipment repairing and recycling activities worldwide. Moreover, rise in adoption of electronic equipment insurance is expected to accelerate the electronic equipment repair service market in the near future. All these factors are expected to drive the overall electronic equipment repair service market between 2018 and 2026.

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Companies in the equipment repair service market are focusing on achieving long-term growth through value-added services for customers. The company profiles section of the report include company overview, major business strategies adopted, and key developments. Key players in the electronic equipment repair service market include Encompass Supply Chain Solutions Inc., uBreakiFix, iCracked, Inc., Moduslink Global Solutions, Mendtronix Inc., The Cableshoppe Inc., Redington Services, Electronix Services, B2X CARE SOLUTIONS GMBH, MicroFirst Gaming Inc., and Global Electronic Services, Inc.

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Socks Market Growth Opportunity, Industry Status and Forecast 2027

Increasing demand towards maintaining casual and formal attire for white-collar professionals coupled with rising number of IT professionals at global level is expected to drive the socks market  growth. This, in turn, is expected to boost the market growth in the coming years.

Global socks market is expected to grow with the changing trends in shoes and leather industry. Furthermore, new opportunities are expected to be visible due to the the changing weather patterns, demand for natural fabrics, and fashion trends like IoT wearable making it a promising opportunity in the near future. As per the report of TMR, global socks market size was valued US$ 42.5 bn in 2018 and expected to grow with a CAGR of 4.5% from 2019 to 2027. In 2027, socks market size estimated to reach US$ 74.9 bn.

Celebrity Endorsement By Key Brands Are Influencing on Market Growth

Companies are endorsing different athletes to promote their products. It has been observed that large number of young consumers prefer to purchase product which are promoted by their favorite athletes. This factor is also influencing the growth of the global socks market. And this trend is likely to influence growth over the forecast period.  

Rising usage of social media will work as a positive factor of shocks market. Companies are investing on digital media campaign to increase their market reach. Availability of reviews, blogs, and uploaded images of the latest fashionable ranges which the consumer share on their social media account are also influencing the market.

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The demand for natural fibers such as cotton is considerably high for socks manufacturing. The demand for natural fiber material for manufacturing of socks is relatively high in developed economies owing to the sustainability of natural fibers. However, natural fibers are expected to lose considerable market share to synthetic fibers such as nylon and polyester. The demand for socks manufactured from synthetic or manmade fibers are relatively high in developing economies owing to their low price.

Rising number of ecommerce players at global level will boost the market growth. Consumers prefer to compare product in various ecommerce portals before making their purchase decision.

Trend of Wearing Open Footwear Will Slowdown Socks Demand

It has been observed that trend of wearing open footwear is increasing at a higher pace. Shoe manufacturers are advertising their products without socks. These fashion trends will hamper the market growth in coming years.

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This information is included in the report titled, “Socks Market (Type - Athletic Socks, Specialty Socks, Trouser Socks, Casual Socks, and Multiple Toe Socks; Material - Nylon, Cotton, Polyester, Wool, Waterproof Breathable Membrane, and Others; Gender - Men, Women, and Kids; Distribution Channel - Wholesale and Retail (Online, Supermarkets, and Hypermarkets); Age - 0-14, 15-24, 25-34, and Above 35; Sports - Running, Cycling, Ball Games, and Pressurized Socks) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027”

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Unexpected Growth Seen in Mattress Market from 2020 to 2027

The demand within the global mattress market is rising on account of advancements in the residential sector. The need for mattresses in households and hotel is indispensable, and this creates a plethora of opportunities for market growth. Furthermore, use of mattresses is not only related to enhancing the comfort levels of people, but also have an aesthetic dimension to it. As custom-designed beds make their way into the residential sector, the demand within the mattress market is bound to rise. The use of small mattresses for cushioning of sofas, couches, and other furniture is also a key consideration from the perspective of market growth.

Transparency Market Research (TMR) holds that global mattress market would grow at a sturdy CAGR of 7% over the period between 2019 and 2027. The total value of the global mattress market stood at US$ 37 Bn in 2019, and this figure is expected to reach US$68 by 2027. The demand for mattresses in the residential sector has grown at a robust pace.

Comfort comes Prior for Consumers

The level of comfort offered by a mattress depends on the type of stuffing used to plump it. The manufacturers are using the best suited materials such as cotton and fur to offer high-quality, comfortable, and durable mattresses. The cumulative demand within the global mattress market is projected to reach new heights in the years to follow. Foam and latex mattresses have especially witnessed a surge in demand in recent times. Moreover, the quest of the market players to offer the most fitting products to the consumers has aided market growth.

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The demand within the global mattress market is expected to grow with advancements in several industries including interior planning, designing, and hotel management. The quest of worldwide hospitality chains to offer the highest level of comfort to guests is a key dynamic of market growth. Furthermore, the growing use of social media to write review about stays and experiences at hotels has also put hospitality vendors on their toes.

IKEA Causes Disruption in Global Market

IKEA is a renowned name in the global mattress market, and the company is known for manufacturing comfortable mattresses. The company offers a wide range of king and queen-size mattresses that are designed to ‘serve customer needs.’ The HYLLESTAD spring mattress by IKEA has become a favourite amongst consumers because of the high level of comfort offered by this mattress type. The resilient and comfortable foam of the mattress binds along the contours of the body to offer premium comfort and rest. The growth of IKEA into a mammoth-sized market vendor has aided market growth. Sleepwell has also emerged as a renowned player in the global mattress market, and is rapidly growing into a preferred brand for consumers.

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Cooling Tower Market Status and Forecast 2027

According to a new market report published by Transparency Market Research on the cooling tower market for the forecast period of 2019-2027, the global cooling tower market is expected to reach ~US$ 5 Bn by 2027, expanding at a CAGR of ~3% from 2019 to 2027. Europe held a prominent share of the global cooling tower market in 2018.

Field-erected cooling towers are large structures made of concrete, FRP (fiber reinforced plastic), wood, etc., meant to withstand weather changes. These towers are generally used in heavy industrial areas where they utilize large volumes of water to perform cooling processes. They are anticipated to hold the largest market share by 2027 under the construction segment. Factory-assembled cooling towers are also known as 'package' or 'modular' cooling towers, and are made in a factory. They are comparatively smaller in size, energy-efficient, take less space and time to build, and are cost-effective. These are used in small industrial plants.   

The North America cooling tower market is anticipated to grow at significant rate during the forecast period. In North America, end-use industries such as the power sector extensively use field-erected, concrete-made cooling towers that can hold large capacities of water. Moreover, the induced draft type is a widely used cooling tower technology in North America. For instance, global cooling tower manufacturer SPX Corporation recommended replacing a 80 horsepower (HP) forced draft cooling tower with a 30 HP induced draft cooling tower, which increased the cooling tower capacity by 5%, and consumed only 38% of energy as compared to a forced draft cooling tower.

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The induced draft cooling tower segment holds the largest share of the cooling tower market in North America, and is expected to lead the market during the forecast period. Natural draft cooling towers are the second-most popular type installed in North America. Natural draft cooling towers consume less power than induced draft cooling towers.          

Europe is the largest cooling tower market, globally. New cooling tower installations and replacement demands are aiding in the growth of the market in Europe. The power sector in the region, especially gas-fired power plant installations, is fueling the demand for these towers. Evaporative technology is the most common technology used in cooling towers in Europe. In evaporative technology, there is direct contact of cooling tower water with the air.

In October 2016, EUROVENT, an association of cooling tower manufacturers in Europe, released Eurovent 9/12, which is an industry standard for thermal performance efficiency for evaporative cooling towers and other cooling equipment. The evaporative cooling tower segment holds the maximum market share, while dry cooling is the second-most used technology. This method of heat transfer is expected to grow moderately during the forecast period. Hybrid cooling towers are witnessing increase in demand, as they reduce thermal plume and conserve freshwater use in plants.

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Some of the major players in the global cooling tower market include Baltimore Aircoil Company (BAC), ENEXIO Management GmbH, Hamon & Cie (International) SA, Babcock & Wilcox Enterprises, Inc., SPX Corporation, Bell Cooling Towers Pvt. Ltd, Brentwood Industries, Inc., Paharpur Cooling Towers Ltd, Star Cooling Towers, and Delta Cooling Towers, Inc.  

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Aerial Imaging Market Set to Register healthy CAGR During 2020-2025

Updation of mapping technology has been the major factor responsible for the expansion of the global aerial imaging market. Aerial imaging finds itself in a wide range of applications across industries like tourism, journalism, archeology, construction and development, and cartography. Such popularity of aerial imaging is ascribed to the need for high-resolution imagery arising.

Existing organization in the global aerial imaging market is vying for more market share. They have shifted their focus to betterment of their features like intelligence surveillance, urban planning, route designing, and volume-based calculations. The companies are also into strategic collaborations for the expansion of their geographical footprint. Some of the renowned market players that have been analyzed in the global aerial imaging market are NRC Group ASA, Google Inc., High Eye Aerial Imaging Inc., Fugro N.V., EagleView Technologies Inc., and ARC Aerial Imaging Limited.

Transparency Market Research (TMR) has studied the global aerial imaging market in detail and has come up with a report on the same. Utilizing extensive research methods, TMR has included information pertinent to the dynamics of the global aerial imaging market. Analysts at TMR prophesize that the market is estimated to expand at 14.6% CAGR over the period of assessment, from 2017 to 2025.

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Asia Pacific and North America Jointly Lead Growth of the Market

For the purpose of analysis, the global aerial imaging market has been segmented into the principal regions of Latin America, Middle East and Africa, Asia Pacific, Europe, and North America.

The global aerial imaging market is estimated to be commanded by North America during the forecast period. The regional dominance of North America is likely to continue throughout the assessment period due to the augmented use of aerial imaging technology by the forestry and agricultural industry. Increased implementation of innovative tools drones in various industries for high-resolution aerial images are driving the market during the period of assessment.

In addition, for the purpose of disaster management, urban planning, monitoring and surveillance, aerial imaging tools are used extensively, which is driving the progress of the market in Asia Pacific. Rise in the affordability level of companies to make use of such premium technologies is fostering regional market growth.

Multiple Uses across Many Industries is Likely Facilitate Market Expansion

The global aerial imaging market is likely to be driven by accentuated use of the system in construction and development sector. In the construction sector, high-resolution images aids in ensuring safety of the workers. Those images are also used for marketing of construction projects.  These images can be utilized for the creation of 3D BIM models and shared with stakeholders to assess the viability of projects. Harnessing the benefits of aerial imaging technology, efficacious management of energy and resource is obtained, which adds to the growth of the market. Personal aerial mapping systems (PAMS) is finding increased use in present times, which is likely to offer lucrative growth opportunities to the global aerial imaging market over the timeframe of assessment.

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Archeological researches have started involving aerial videography and photography so as to facilitate better analysis and study of ancient landscapes and site of historical significance. Property advertisements have also started using aerial images to attract more customers through better images. According to the analysts of TMR, cost effective yet highly efficient aerial photography is rapidly becoming a popular choice among the property sellers.

Of late, geospatial technology has been making increased utilization of aerial imaging to provide precise location details for various purposes. The security and defense segment has emerged as a prominent user both geospatial data and aerial images.

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