Halal Cosmetics Market by Technological Advancements and Business Outlook 2020

Halal is an Arabic term which means lawful or permissible. Halal cosmetics are body and skin care products which are known to be free from the materials that are forbidden by the Islamic society. Halal cosmetics are based on the concepts of Halal and non-Halal, Najis and Mutanajis, safety and quality. Halal cosmetic is considered as an innovation to the cosmetic industry as it introduces new external and internal operations that will serve the growing customer needs. Halal cosmetics are concerned towards halal compliance that are basically applied upon the entire supply chain which ranges from sourcing of raw materials to manufacturing, transportation, freight handling and warehousing.

Growing consciousness among the consumers regarding the usage of ingredients in cosmetic products are resulting to the increase in halal cosmetics products. Government had identified halal cosmetics as certified halal by the Islamic Religious Department in Malaysia without the use of animal fat, gelatin or other chemicals. Halal cosmetics are known to be safe for Muslim as well as the non-Muslim consumers in terms of process, nature of the products and the knowledge of the ingredients used.

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Health hazards such as cancer and other distortions associated with the cosmetic products containing nano-particle ingredient resulted to a shift in consumer preference towards halal cosmetics products. The global halal cosmetic products market has been segmented into different product types into skin care products, hair care products, make up products and others. Hair care products segment is expected to grow at a rapid rate in terms of revenue as compared to the other type of products.

Skin care segment and make up products are expected to lead the market during the forecast period..The rise in demand for halal cosmetics is manly prejudiced by the halal logos. Manufacturers of halal cosmetic products are engaged upon continuous research and development in order to develop new products and conducts regular survey in order to know the customers concerns towards halal cosmetics. Increasing number of Muslim population and preference towards consumption of beauty products is considered to be a major driver for the global halal cosmetics market.

However lack of knowledge regarding the halal cosmetics among the consumers leading to lower adoption rate is holding back the market for hala cosmetic products. Monopoly of the non-Muslim companies and government’s stringent rules and regulations are restraining the global halal cosmetics products market.

Additionally, South Asian halal cosmetics market are generating opportunities due to the presence of large Muslim population and high awareness regarding the halal cosmetic products. Growing number of women working population are generating business opportunity for more investment in the halal cosmetic industry.

The market for halal cosmetic products has been segmented into by geography namely North America, Europe, Asia Pacific, Middle East, Africa and Latin America. Asia Pacific is anticipated to capture the largest market share due to the presence of emerging countries such as Indonesia, Malaysia, India, Bangladesh, Pakistan and Maldives coupled with their improving socio economic factors. Malaysia consists of great potential to emerge as a global halal hub due to the rising demand of cosmetics and toiletries products. Middle East which includes United Arab Emirates, and Saudi Arabia among others is expected to have an important customer base due to their improvement in income levels coupled with structured Islamic society. Manufacturers use halal certification logo a way to inform and reassure their target customers

Global key participants in the industry includeDarling MMA Bio Lab Sdn Bhd, Ivy Beauty Corporation Sdn Bhd, Talent Cosmetic Co., Limited, The Halal cosmetics company, PHB Ethical Beauty, Sampure Minerals Amara Cosmetics Inc., Inika, Maratha Tilaar Group, Clara International, Saaf Skin care, Prolab cosmetics, IBA Halal Care, NUTRALab, Zelcos, Nizona Corporation, Croda among others.

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Steel Tubes Market Opportunities, Analysis and Forecast 2020-2025

Steel tubes are the niche segment application of iron and steel that is anti-corrosion and rust free. The global steel tubes market can be segmented into application, end-products, and geography.

In terms of application, the steel tubes market can be segmented into building & construction, automotive, consumer durables, high voltage electrical equipment, platforms, stairs, handrails, pipe fittings, and engineering among others. In terms of end-products, the steel tubes market can be segmented into bolts, nuts, pipes and tubes, main frames, and cable support systems among others. Moreover, in terms of geography, the market can be segmented into Asia Pacific (APAC), Europe, North America, Middle East & Africa (MEA), and South America.

Rise in industrialization along with increase in population have led to the rise in sales of property, houses and construction expenditures. Governments of various developing nations are focusing on infrastructural developments, which, in turn, have led to the increase in demand for steel tubes. This is acting as a driver in the expansion of the steel tubes market. Properties and characteristics of steel tubes are major factors that are fuelling the expansion of the market. These characteristics include corrosion resistant, rust free and high reliability. Steel tubes are inexpensive, and hence, are preferred in various constructional purposes such as residential and commercial buildings.

Cost effectiveness and increased usage of steel tubes in various industry-based applications in comparison to conventional pipes and tubes are further contributing to the expansion of the steel tubes market. This trend is persuading manufacturers to explore new business opportunities in the steel tubes market. This, in turn, is propelling the expansion of the market globally. Increasing awareness and popularity of steel tubes in the building & construction industry are key factors that are boosting the expansion of the market.

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Furthermore, reduced or low maintenance cost of steel tubes is an important factor playing a vital role in the expansion of the steel tubes market. . The engineering industry is a rapidly expanding end-user industry segment where steel tubes have found numerous applications. Increase in demand for steel tubes in the emerging markets of Asia Pacific along with various technological needs are acting as opportunities for the steel tubes market. Latest Steel Tubes in place of conventional pipes and tubes is also driving the expansion of the steel tubes market.

These factors are playing a vital role and are simultaneously affecting and contributing to the expansion of the steel tubes market significantly. The steel tubes market is expanding significantly as there is considerable expansion in the construction and engineering sectors and large-scale industries globally. This, in turn, is increasing the demand for steel tubes in the market. Manufacturers are consistently focusing on product development in the emerging markets as there are opportunities to expand and increase their market share globally.

 Asia Pacific is a prominent market for steel tubes followed by North America. Europe is a rapidly expanding market for steel tubes. North America is the second largest market, and in terms of market share, the U.S.is the leading contributor in the region. China and Japan are among the leading contributors in Asia Pacific. The major reason behind this considerable expansion of the steel tubes market in the region is the significant investments in construction and infrastructural projects by governments of developing nations. This, in turn, has fuelled the demand for steel tubes in the market in the developing nations of Asia Pacific.

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The global steel tubes market is fragmented with many established players. Major players in the market are primarily from Malaysia, Japan, Thailand, China, U.S., and Europe. Key players in the market include Borusan Mannesmann Boru Sanayi ve Ticaret A.S., JFE steel, Arcelor Mittal, Jindal SAW Ltd., Bao Pipes and Tubes, Gerdau, NSSMC, POSCO, and Nucor. Other prominent vendors in the market are American SpiralWeld Pipe Company, LLC , Liaoyang Steel Tube Co., Ltd. , Hebei Iron and steel, AK Pipes and Tubes, Ansteel, United States Steel(USSC), Shagang Group, and Tata Steel.

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Personalized Gifts Market Segment by Application

Personalized gift traditionally meant gifts that carry a person’s specific details such as full name, first name, surname and initials on them. In recent years personalized gifts are delivered in several ways with unique designs, photos, and logos. Such gifts are also done with variety of styles, colors and techniques in order to accommodate the personal preference. Personalized gifts gained importance with the rise in digitalization and modern manufacturing processes and technology. These gifts are prepared in order to make the consumers special. Exclusivity of a particular product was traditionally expensive.

However rapid prospects in technology have made the products more affordable and easily accessible. Manufacturers focuses upon consumer preferences and behaviors towards personalized gifts. Product innovation has become a key strategy in order to satisfy consumer demand and maximize the sales. Eco friendly gifts are also gaining importance particularly in the section of the children’s toys. Rising internet facilities and presence of wide range of options are triggering the growth rate of the global personalized gifts market.

The global personalized gifts market are segmented on the basis of different product type and distribution channel. On the basis of product type the global personalized gifts market are segmented into photo personalized gifts and non-photo personalized gifts. Non photo personalized gifts are gaining importance and are expected to capture a significant market share. This is mainly due to the rise in demand for watches, jewelries, clothing, key chains and electronic gadgets. The market has been further segmented on the basis of distribution channel namely online distribution channel and offline distribution channel. Offline distribution channel are further segmented on the basis of super markets, hyper markets specialty stores, convenience stores and departmental stores. Offline stores are anticipated to dominate the market due to the extended period warranty and easy convenience.

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The global personalized gifts market are mainly driven by growing culture of gifting in different occasions. Advancements in new technology resulted in the development of innovative products and are considered to be more appealing among the consumers. Seasonal decorations which include decorative cups, plates, home and wall décor in several occasions such as Christmas, Halloween and others are resulting to a positive impact to the global personalized gifts market.

Additionally, providing customization facilities among the consumers with new ideas are expected to generate opportunities to the global personalized gifts market. However problems associated with inventory, merchandising management and supply chain in the developing regions are restraining the global personalized gifts market. Moreover, in North America, Europe the tradition of gifting are normally found on specific occasions such as in Christmas and wedding seasons. Thus seasonal nature in business are also restraining the global personalized gifts market.

In the region wise study, the global personalized gifts market has been segmented into North America, Europe, Asia Pacific Middle East, Africa and Latin America. Asia Pacific region which includes China, India, Japan, Australia among the other regions are anticipated to experience the fastest growth during the forecast period due to the rising awareness regarding the personalized gifts options among the population.

Moreover rising living standards with increase in income, are boosting the growth of the Asia Pacific region. Europe which includes France, Germany, and Italy among the other regions are expected to capture a significant market share due to shift in consumer preference towards handmade products. Countries in North America such as U.S Canada are also expected to capture a significant market share due to rise in the specialized merchandise over the years.

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The key participants are focused upon developing new products according to the consumer preferences. Some of the global key participants in the industry include American Greetings, CafePress, Card Factory, Cimpress, Disney, Hallmark, Shutterfly, Spencer Gifts, Zazzle, and Signature gifts, Red Bubble, Etsy, among other.

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Furniture Fabric Market Scope, New Business Developments, Revenue Analysis and Forecast 2025

Fabric is used for upholstery coverings. Furniture can be covered using textile or non-textile fabric. In case of textile fabric, a variety of options are available which include simple yarns or complex designs made of durable as well as less durable fabric. Furniture fabric is used to cover chairs, seats, sofas, couches, and other pieces of furniture. The fabric used for furniture depends on the furniture manufacturer and the choice of the buyer. The application of furniture fabric is not furniture used for residential and official use. Furniture fabrics are used to cover and design the seating and interiors of automobiles and aircraft as well.

The furniture fabric market is directly dependent on the demand for this fabric for covering furniture pieces. The increase in disposable income of the population of a nation impacts the capability to spend on luxury furniture items. This factor is expected to drive the furniture fabric market to a significant extent. The amount of fabric used to cover the furniture depends on the type of furniture piece it is used to cover. The price of furniture fabric varies depending on the material it is made of.

Furniture fabric is not just used to cover furniture which is used for residential and official purpose; its application also extends to the industrial transportation furniture market as well. Upholstery fabric can be made of natural or manufactured fabric. Out of all the fabrics which are used to cover furniture, cotton and synthetic fiber fabric are the most widely used. Furniture fabric differs depending on the place where the furniture is placed - indoor or outdoor. 

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Furniture fabric is also used in the transportation sector, where it is used for seat covers, slipcovers, sidewalls, interior roof lining, and sheeting. The industry chain of furniture fabric consists of raw material providers or fabric manufacturers, dyers, printers, stylists, and the end users. The price of furniture fabric depends largely on the raw material of which the fabric is made of. Fluctuation in the prices of cotton can affect the price of furniture fabric made of cotton. 

The furniture fabric market is segmented on the basis of material type, application, and region. On the basis of material type, the market is segmented into natural furniture fabric and synthetic furniture fabric. The natural furniture fabric market is further segmented into cotton, chenille, jute, leather, linen, silk, velvet, and wool.  The synthetic furniture fabric market is classified into faux leather, microfiber, nylon, olefin, polyester, and rayon.  On the basis of application, the furniture fabric market is classified into upholstery furniture fabric, automobile furniture fabric, and industrial furniture fabric market. 

The upholstery furniture fabric market is classified into commercial upholstery fabric, indoor furniture fabric market and outdoor furniture fabric market. On the basis of geography, the furniture fabric market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. The report also provides country level analysis for each of the segments. The U.S., Canada, Germany, Italy, France, U.K., China, Japan, India, Saudi Arabia, Africa, Brazil, and Argentina are the countries included in the market study of the furniture fabric market.

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The furniture fabric market comprises a number of small and medium players. The market consists of players who use natural fabric as well as players who use synthetic fiber to make furniture fabric. Some of the key players in the furniture fabric market include Morbern, Brentano, Carnegie, Panaz, Milliken, Designtex, Momentum group, Backhausen, Bernhardt, and Barqueni.

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Online Gambling & Betting Market Regional Outlook

According to a new market research report published by Transparency Market Research titled “Online Gambling & Betting Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027,” the global online gambling & betting market is expected to reach a value of US$ 134.5 Bn by 2027, growing at a CAGR of 11.9% from 2019 to 2027. Europe held the leading share in the online gambling & betting market in 2018 and is expected to maintain its dominance over the forecast period.

The online gambling and betting market is expected to witness a rapid growth during the forecast period due to regulatory environment, which in turn is expected to propel the global market across the globe. Moreover, increase in prevalence rate of gambling, rise in disposable income of consumers, trust in the mode of online gambling and betting, growth in penetration rate of Internet, and adoption of Internet-based devices are major factors driving the online gambling & betting market. Participation in online gambling & betting helps end-users to witness gambling and betting activities in real-time through their Internet-based devices. Online gambling and betting consists of gambling and betting games such as poker, casino, sports betting, and lottery which are played through digital platforms.

Relaxation of laws for online gambling & betting across the globe provides new opportunities for internet based gambling & betting operating players to generate revenue. Major online gambling & betting players are involved in the business of innovative game development along with online transaction services. Companies operating in the online gambling & betting market include 888 Holdings plc, The Stars Group, Paddy Power Betfair plc. Fortuna Entertainment Group, GVC Holdings Plc., and Kindred Group, as profiled in this report.

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With the adoption of mobile devices in online gambling, gamification is expected to play a crucial role in disrupting the market over the coming years. Today, operators are trying different ways to generate customer loyalty in the online gambling market. However, players are not able to find major differences between similar games, since all games are built on the same gaming models. Gamification is expected to provide an advantage for operators by offering strategies such as real-time performance analytics, competition with player-friends, virtual rewards, and loyalty bonuses. This, in turn, is expected to generate brand loyalty in players and distinguish the operator’s games from those of its competitors. Furthermore, it is expected to drive innovation among operators in order to create new forms of gambling games in the coming years.

The global gambling revenue is expected to grow at a healthy rate owing to high disposable incomes, favorable regulation, and tax rebates in respective regions. The end-users comprising the age group from 35 to 55 years having high disposable incomes and a passion for the adoption of the latest technological devices as part of leisure. Therefore, the end-user segment is more likely to adopt online gambling technologies in the coming years.

Generations Y and Z, consisting of the age group between the years of 15 to 25, are more inclined to use mobile devices and may find online gambling a part of leisure in the coming years. Thus, combining the inputs from both age groups, the online gambling and betting market is expected to register positive growth over the forecast period

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In terms of geography, Europe accounted for the highest share in 2018. Asia Pacific is expected to grow at a higher pace in coming years. Key factors attributing to the Asia Pacific market growth are relaxation of laws, growth in participation of wagers through Internet, and availability of foreign gambling & betting sites with attractive offers. In addition, increase in penetration of Internet-based devices and trust in using online gambling & betting sites are stimulating the market.

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Sheet Face Masks Market Application Outlook

The rising aging population and increased beauty awareness has introduced the trend to look young in the global market. This has largely increased the demand for anti-aging skin care products including the sheet face masks for anti-aging. The market for these products has also made different manufacturers to launch specialized products such as anti-aging or anti wrinkles. The demand for a youthful appearance is also being prevailed by the male population, thus attracting male consumers towards the sheet face mask market.

Sheet face masks market size was valued US$ 285.6 Mn in 2018 and expected to grow with a CAGR of 8.1% from 2019 to 2027. It has been estimated that the market will reach US$ 575.7 Mn in 2027.

Non-woven sheet face masks are growing at a slower pace compared to the other sheet face masks, because of the inconvenience it causes. Non-woven sheets are extremely light and have less water holding capacity, and hence tend to slip from the face. Also, these masks dry out easily because of their limited water holding capacity. Nevertheless, the extremely affordable rates, faster production, and easier application makes these sheet face masks rise at a CAGR of 7%

Increasing Demand from Anti-aging Population

The market trend to look younger and maintain a healthy skin is prevailing globally, and is one of the major drivers for the growth of the sheet face mask market. A large number of elderly customers around the globe have the buying power as well as the desire to appear younger, in turn increasing the demand for anti-aging sheet face masks. The emphasis on anti-aging formulas and technology by various brands has led to a variety of new products in the market, thus enhancing its purchase. Currently, the rising anti-aging population and the higher spending capacity of elderly consumers has a high impact on this driver.

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Modern Trade and Online Buying Options

The increase in online trade has brought the world closer and also made different brands available in different regions. Online trade benefits consumers by offering various options on one platform, as well as helps manufacturers to penetrate different markets. Shopping online has become more convenient due to the development in mobile and computer technology.

Apart from online shopping, availability of sheet face masks in modern trade that include hypermarkets, supermarkets etc. is also considered to be a boon for the market. Modern trade has not only been beneficial for the sheet mask market but the consumer goods market as a whole. This is because of impulse purchases, variety of products, multi brand availability, and the display of merchandise. This driver currently has a moderate impact on the growth of the market. However, with the anticipated rise in adoption of online shopping and increasing mall cultures, the impact would become high by the end of the forecast period.

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Flashlight LED Market Demand and Forecast Research to 2030

LED lighting solutions are gaining immense popularity among residential and commercial applications at a rapid rate. This factor may serve as a growth generator for the global flashlight LED market across the forecast period of 2020 - 2030. Portable and compact LEDs are making a mark across the global populace in terms of usage. This aspect may also prove to be a growth multiplier for the flashlight LED market.

This report on the flashlight LED market conducts thorough research on various parameters for analyzing the ideal growth generating factors. This aspect proves to be of great help to the market stakeholder and helps them to design their business strategies accordingly. This report also covers the rapidly changing flashlight LED market scenario. The report also sheds light on the effects of COVID-19 on the flashlight LED market through the forecast period of 2019-2028.

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Flashlight LED market: Competitive Scenario

The competitors in the flashlight LED market are adopting various mechanisms and technologies to serve in the most efficient way for the consumers. Inculcation of features like rechargeable capacity and lightweight properties are allowing the manufacturers in the flashlight LED market to penetrate deeper for growth prospects. The use of superior quality material for flashlight LEDs is also a prime goal of the key players for offering excellent performance. Traditional transcendent flashlights are swiftly being replaced by flashlight LEDs due to their convenience and ease of application. This factor may serve as a great growth opportunity for the flashlight LED market.

Mergers, acquisitions, joint ventures, collaborations, and partnerships serve as strong pillars of growth for the flashlight LED market. Research and development activities also form a vital part of the flashlight LED market as they assist in discoveries and findings that augur well for cost-effectively providing good quality flashlight LEDs. Key players involved in the flashlight LED market are Surefire LLC, Larson Electronics LLC, powning International S.A., Pelican Products Inc., Energizer Holdings Inc., Streamlight Inc., Mag Instrument Inc., and Bayco Products Inc.

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Flashlight LED Market: Emerging Trends

The flashlight LED market is witnessing numerous trends that cater in a great way to the consumers. The use of flashlight LEDs in the healthcare sector may paint fresh opportunities for growth on the canvas of the flashlight LED market. Healthcare professionals use LED penlights that help in examining the patient’s eyes and ears carefully. Flashlight LEDs are also said to reduce eye defects. A study conducted by a group of researchers published in Journals of Gerontology proves that deep red flashlight LEDs may help to tackle the problem of aging vision. Such developments may open new doors of opportunities for the flashlight LED market.

The addition of flashlight LEDs in producing innovative products may gain traction and offer good growth prospects to the flashlight LED market. Xiaomi recently launched an umpella with an inbuilt flashlight LED. This aspect helps the user to detect and identify a deep puddle or a missing tile while walking in the dark during the rain. Similar advancements may serve as a boon for the growth of the flashlight LED market.

Flashlight LED Market: Regional Developments

The flashlight LED market can be geographically segmented into South America, North America, Asia Pacific, the Middle East and Africa, and Europe. Asia Pacific may serve as the leading growth contributor for the flashlight LED market. Remote areas in India observe frequent power cuts. This factor leads to an increase in the usage of flashlight LEDs on a large scale across remote and rural areas in India, eventually increasing the growth rate. North America may also witness good growth across the forecast period due to the escalating demand for LED flashlights across residential and commercial sectors.

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