Bath Bomb Market Opportunity, Industry Status and Forecast 2026

A bath bomb is defined as the hard-packed mixture made from dry ingredients which dissolves when wet and is used to add scent, essential oils, bubbles, or color to bathwater. Bath Bombs are considered as the detoxifying, relaxing or immune boosting bathing material. The major ingredients used in bath bombs include a bicarbonate base and a weak acid which are unreactive in dry state but when dissolved in water reacts vigorously and produces their characteristic fizzing in a few minutes.

The other ingredients in the bath bomb vary considerably but majorly include scented ingredients along with dye to impart color and a pleasant fragrance to bathwater. Sodium lauryl sulfate, a lathering agent is also used in bath bombs to create bubble foams. Bath bombs are generally spherical, but are also available as lumps or tablets. Bath bombs can be prepared at home as well, besides being available in a wide range at supermarkets. Various manufacturing companies have started utilizing bath bomb machines to increase the production rate of bath bomb. These machines have the capability to produce hundreds of bath bombs per hour.

Increasing population of working women and their preference for aromatherapy and cosmetics for relaxation is expected to be the major driver influencing the market growth of bath bombs over the forecast period. Furthermore, increasing trend of giving luxurious gifts to friends and family on special occasions is also projected to boost the bath bomb market growth in coming years. Additionally, the rising preference of customers to apply essential oils as part of their routine, and benefits associated with essential oils is expected to drastically influence the market growth of bath bombs over the forecast years.

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Bath bombs hydrate and nourish the skin due to presence of essential oils, which is drastically influencing the demand for bath bombs amongst women. Essential oils present in bath bombs such as peppermint essential oil helps to soothe tired muscle; eucalyptus essential oil provides relief from flu, cold, and sinusitis; and citrus oil gives an energizing feeling. All these are considered as a form of aromatherapy, which is expected to influence bath bomb market demand over the forecast period. Baking soda, Epsom salt, citric acid, oil, witch hazel and their associated benefits have influenced women to use bath bombs, thus driving their demand across the globe.

The global bath bomb market can be segmented based on type, application, and region. Based on type, the bath bomb market is categorized into bath bomb with essential oil, bath bomb with sea salt, and others. Bath bomb with essential oil is expected to contribute majorly to the market growth in terms of revenue over the forecast period. Increasing preference and awareness about essential oil usage is expected to be a major factor for the growth of bath bombs over the forecast years. The application segment of the bath bomb market is segregated into household, beauty salon or spa, and others.

Based on region, the bath bomb market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to contribute majorly to the bath bomb market growth in terms of revenue over the forecast period. Better awareness among women with growing working women’s population is expected to drive the market growth in the region. Furthermore, Asia Pacific region is expected to witness tremendous growth in the bath bomb market over the forecast years.

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Prominent players operating in the global bath bomb market are Village Naturals, Yumscents, Schone, Aromatherapy, Essence of Earth, LUSH, Rejuvelle, Soul and Soap, Hugo Naturals, Amor Bath Bombs, and Oliver Rocket.

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Artificial Plants Market Analysis with Key Players, Applications, Trends and Forecasts to 2026

Artificial plants, also known as faux plants, are made of high-quality plastics and fabrics such as polyesters. Artificial plants and flowers are an ideal way of adding beauty and color to a space for long term. Such plants can sustain in any weather condition, in both commercial and residential settings, with approximately no maintenance cost. Artificial plants, flowers, and trees are made from a wide variety of materials; however, polyester has become the first choice of manufacturers due to its availability and its affordability. Other materials used to manufacture artificial plants are silk, cotton, latex, paper, parchment, rubber, sateen (for large, bold-colored flowers and arrangements), and dried materials, including flowers and plant parts, berries, feathers, and fruits.

The global artificial plants market is anticipated to grow at an exponential rate in the near future. Demand for artificial plants and trees has increased rapidly in the last few years owing to improvement in design and technology in the products. In addition, artificial plants last for long period of time, and do not involve any maintenance cost. This is anticipated to increase the demand for artificial plants in the next few years. Additionally, artificial plants are increasingly becoming popular among the millennial. Lack of availability of time required for caring of real plants is anticipated to thrive the demand for artificial plants. Moreover, some people tend to develop allergies to certain types of real plants, which is not the case with artificial plants. This drives acceptance of artificial plants among customers.

However, unlike real plants, artificial plants do not release oxygen in the air and do not help in reducing volatile organic compounds (VOCs) from the air. This proves to be a restraining factor for the growth of the artificial plants market. Artificial plants are manufactured through advanced technologies to make them resemble real plants; however, this adds to their cost and makes them less affordable. Advanced technologies are prevalent in developed countries such as U.S., Canada and many countries in Europe. However, such technologies lacks in Asia Pacific regions. Technology transfer and penetration in the untapped markets can be a better opportunity for the growth of artificial plants market.

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The global artificial plants market can be segmented based on material type, end-use, distribution channel, and region. In terms of material type, the global artificial plants market can be categorized into silk, cotton, clay, leather, nylon, paper, porcelain, silk, polyester, plastic, wax, and others. According to end-use, the artificial plants market can be divided into residential and commercial.

The commercial segment can further be split into hotels & restaurants, offices, schools & universities, hospitals, theme parks, airports, and cruise ships. Based on distribution channel, the global artificial plants market can be bifurcated into offline and online distribution channel. Offline distribution channels can further classified into company-owned sites, ecommerce portals, etc., while offline channels can be segmented into supermarkets & hypermarkets, specialty stores, and mom and pop stores. Geographically, the global artificial plants market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Europe and North America are anticipated to acquire major market share owing to presence of advanced technologies and high-end commercial consumers such as airports, theme parks, etc. in these regions.Prominent players operating in the global artificial plants market include Treelocate (Europe) Ltd. (U.K.), The Green House (India), Sharetrade Artificial Plant and Tree Co., Ltd. (China), International Plantworks (the U.S.), Nearly Natural (the U.S.), Commercial Silk Int'l & Plantscape Inc. (the U.S.), GreenTurf (Singapore), Dongguan Hengxiang Artificial Plants Co., Ltd. (China), International TreeScapes, LLC (the U.S.), and Vert Escape (France). Players contest with each other with respect to new technologies, product designs, etc. in order to attain competitive advantage in the market.

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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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