Wednesday, 19 August 2020

Electronic Equipment Repair Service Market Gross Margin, Opportunity Assessment and Potential of the Industry by 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.

Beauty Facial Mask Market - Latest Innovations, Drivers and Industry Key Events 2020-2030

Transparency Market Research delivers key insights into the global beauty facial mask market. In terms of revenue, the global beauty facial mask market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in this report.

A beauty facial mask is a category of cosmetics that are usually formulated as creams, gels, serum, or sheets purposed to deliver improved skin appearance and quality. Beauty facial masks are marketed in varied packaging and compositions, and are mostly bought based on skin type or specific skin concerns. For instance, clay or mud masks are considered more suitable for the oily skin type, whereas cream-based masks are preferred for dry skin type.

In the beauty facial mask report, TMR predicts that rising demand for anti-aging and dehydrated skincare products would significantly drive the market. Exponent growth in the aging population is the key factor contributing to the decision making of consumers of this niche cosmetics market segment. Besides, the evolution of innovative face mask products such as sheet masks and their ability to offer hassle-free and natural skin enhancement qualities is also likely to drive the global beauty facial masks market.

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In the beauty facial mask market report, the market has been broadly segmented in terms of mask type, ingredient, packaging type, brand type, distribution channel, and regions. The mask type segment includes clay masks, sheet masks, cream masks, thermal masks, peel-off masks, gel masks, and others. Sheet masks are expected to dominate in terms of value as well as volume. The burgeoning trend in personal beauty enhancing products are pushing growth in the sheet face masks market. In terms of ingredient, the market has been segmented into organic and inorganic. In the coming years, organic or natural beauty facial masks are anticipated to gain a higher growth trajectory, owing to the ongoing shift toward chemical-free and natural skincare products.

Based on packaging type, the market has been segregated into tube, jars/bottles, and sachets, where the market for sachets is expected to account for majority share due to the flexibility of transportation and low cost of packaging compared to other methods. Based on brand type, the market has been segmented into mass and prestige/luxury; based on distribution channel, the market is segmented into online and offline channel. During the forecast period, online retail sales of beauty facial masks are expected to grow at a noteworthy pace.    

Beauty Facial Mask Market: Prominent Regions

Presently, Asia Pacific dominates the global beauty facial mask market, owing to the presence of a massive consumer base for face care products. Demand for beauty facial masks in the region is primarily driven by the usage of masks in daily skincare routine treatment of the majority population.

Furthermore, the Asia Pacific market is also forecast to gain substantial growth rate during the forecast period. China is the largest Asian market for beauty facial masks, followed by India and Japan. On the other hand, the North American market is majorly driven by the demand for masks offering anti-aging properties. The growing demand for luxury skincare products is also likely to fuel the beauty facial masks market in North America as well as Europe.

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Beauty Facial Mask Market: Key Players

Key players operating in the global beauty facial mask market include The Estée Lauder Companies Inc., Lancer Skincare, L'Oréal S.A., Shiseido, Unilever, Procter & Gamble, Amorepacific Corporation, C.F.E.B. Sisley SAS, Johnson & Johnson, and Elizabeth Arden, Inc. Companies operating in the beauty facial mask market are extensively focusing on introducing innovative products in order to gain more market share.

Bicycle Helmet Market will Reflect Significant Growth Prospects during 2019-2027

 

  • Bicycle helmet is an important accessory that prevents head injury in case of accidents among bicyclers and are compulsory in most cycling events. Bicycle helmets sit securely over the head and can be secured with a strap under the chin.
  • With latest technology, bicycle helmets nowadays are lightweight, with improved aerodynamics, and offer better ventilation. Stringent road safety regulations and strict government rules around the world is expected to drive the bicycle helmet market during the forecast period.

Key Drivers and Restraints of the Global Bicycle Helmet Market

  • Cycling has become a popular activity and is pursued for recreational purpose or as a sport. Bicycle helmets serve more than one purpose; apart from head protection, it improves visibility, offers protection from bad weather, and can accommodate communication devices.
  • Bicycle helmets come in various designs and colors to cater to everyone’s need. The material used in most of these helmets is EPS foam in the inside with a hard outer shell. The EPS foam contracts on impact and protects the head.
  • Recent research and development in bicycle helmets have proved that helmets help to avoid rotational force experienced during a crash. This minimizes the risk of head injury. Technologies such as WaveCel, SPIN, and MIPS help in reducing rotational force during a crash.

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  • Bicycles are cheap and an eco-friendly mode of transportation. Cycling is a good form of exercise to stay fit. Many people prefer cycling while commuting. Rise in health awareness plays a vital role in driving the market. The inclination of millennial toward fitness and outdoor cycling activities is expected to boost the bicycle helmet market.
  • Increasing environmental concerns has led to growth in number of cyclists around the world. Increase in disposable income, increase in purchasing power, increasing bicycle riding events, and rising bicycle sales are factors likely to lead to a rise in sale of bicycle helmets during the forecast period.
  • The recreational segment is projected to witness higher growth during the forecast period. Thus, growth in adventure sports activities is likely to fuel the bicycle helmet market. Europe is expected to dominate the bicycle helmet market. Manufacturing companies are investing in R&D to come up with new products such as smart helmets. The latest innovation in helmets consists of LED on helmets which helps at night.
  • Lack of awareness about cycling and importance of usage of helmets is a restraint of the market. The market is highly fragmented, and bicycle helmets available at cheaper price offered by regional players might hamper the business of big players.
  • Manufacturers are trying to attract consumers by manufacturing helmets with unique features, shapes, and colors, and are competing on the basis of price in this highly fragmented market.
  • Increasing concerns due to rising road accidents and stringent government laws are expected to drive the global bicycle helmet market during the forecast period.

Europe to dominate the global bicycle helmet market

  • In terms of region, the global bicycle helmet market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Asia Pacific is likely to witness the maximum demand for bicycle helmets from 2019 to 2027. Europe and the U.S. dominate the market and are expected to continue their dominance. Major manufacturers are investing heavily in developing economies. Leading manufacturers of bicycle helmets have extensive distribution networks along with deep product penetration.

Key Manufacturers Operating in the Market

The global bicycle helmet market was highly fragmented in 2018. Key manufacturers operating in the global market are listed below:

  • Moon Helmet
  • Vista Outdoor
  • Dorel 
  • Trek Bicycle Corporation
  • ABUS AUGUST BREMICKER SÖHNE KG
  • SCOTT Sports SA
  • POC Sports
  • MET-Helmets
  • Specialized Bicycle Components, Inc.

Waterproof Eyebrow Liner Market: Value Chain, Dynamics and Key Players 2019-2027

Cosmetics refer to the products that could be utilized to improve or alter the appearance of the texture of the body or fragrance of the body or the face. They are usually a mix of chemical compounds extracted from various natural sources like coconut oil or it could also be artificial or synthetic.

Cosmetics comprise various beauty preparations such as nail polish, skin cream, perfume, or make-up. It could also include grooming aids like deodorants, shaving cream, shampoo or soap.

There are different types of cosmetics, some of the prominent ones are as follows:

  • Primer
  • Lip balm and lipstick
  • Eyebrow Liner
  • Concealer
  • Face powder
  • Blush
  • Highlight
  • Mascara and eyeshadow

Waterproof eyebrow liner is a type of a cosmetic product that is utilized to improve the appearance of eyebrows. They find use in the filling, defining, and shaping eyebrows whilst applying makeup. Waterproof eyebrow liners come smudge proof and lasts for a much longer period of time. The eyebrow liner is also known as brow definer or eyebrow pencil.

Waterproof eyebrow liners are found in a wide variety of forms such as crème, powder, or gel. Eyebrow liners improve the appearance of the eyes on the face with well-defined brows. In most the cases, waterproof eyebrow liner adds volume to the sparse and thin eyebrows. Waterproof eyebrow liners also come in various tints and shades.

Waterproof Eyebrow Liner: Introduction

  • Waterproof eyebrow liner is a cosmetic product used to enhance the eyebrows. They are used to fill, define, and shape the eyebrows while applying makeup. Waterproof eyebrow liners are smudge proof and lasts longer. The eyebrow liner is also called eyebrow pencil and brow definer.  

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  • Eyebrow liners are available in gel, powder, and crème forms.  Eyebrow liners enhance the appearance of the eyes. Generally, it is used when the eyebrows are thin and sparse to give them a well-defined shape. They are manufactured in different shades and tints.
  • The global waterproof eyebrow liner market is anticipated to expand at a rapid pace during the forecast period, owing to increasing demand for makeup products from working women.

Growing population of working women to drive the global waterproof eyebrow liner market

  • The increase in population of working women is expected to positively affect the waterproof eyebrow liner market. Demand for cosmetics and beauty products are high among working women who have to look presentable in their professional work environment, which indirectly increases the usage of cosmetics. Expansion of the entertainment and television industry has increased the usage of cosmetics. Changing lifestyles, rising disposable income, and innovative cosmetic products are expected to boost the waterproof eyebrow liner market in the near future.

Rise in demand for natural and organic products

  • Increasing awareness about organic, natural, and herbal products are likely to create better opportunities for the waterproof eyebrow liner market. Nowadays, consumers are majorly opting for organic and natural products due to health consciousness and enhanced skin care regimens. Hence, organic products are projected to have more opportunities in the market in the near future.

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Asia Pacific to Lead the Global Market for Waterproof Eyebrow Liners

  • In terms of region, the global waterproof eyebrow liner market can be divided into North America, Asia Pacific, Europe, Middle East & Africa, and South America
  • North America includes the country-level analysis for Canada, U.S., and Rest of North America. The South America waterproof eyebrow liner market is segmented into Brazil and Rest of South America. Analysis and forecast of the waterproof eyebrow liner market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Similarly, Europe includes markets across the U.K., Germany, France, and Rest of Europe. Middle East & Africa includes the waterproof eyebrow liner market analysis and insights for South Africa, GCC countries, and Rest of Middle East & Africa.
  • Asia Pacific is likely to witness the maximum demand for waterproof eyebrow liners from 2019 to 2027 followed by North America. This is mainly because of increase in spending power of consumers in emerging economies. Consumers are considerably spending on beauty and cosmetic products which indirectly boosts the waterproof eyebrow liner market.

Key Players Operating in the Global Market

 A few of the key players operating in the global waterproof eyebrow liner market are:

  • L’OREAL S.A.
  • The Estée Lauder Companies Inc.
  • Unilever
  • Shiseido Cosmetics
  • Coty Inc.
  • LVMH Moët Hennessy – Louis Vuitton
  • Avon Products, Inc.
  • Amorepacific Corporation
  • Chanel S.A.

Online On-demand Food Delivery Services Market Trends, Forecast, and Analysis by 2019-2027

 

  • Food delivery service can be online or offline. Online on-demand food delivery service operate via the online platform which can be accessed using web portals or apps. Users can access the web portals or mobile applications with one click.
  • Online on-demand food delivery services tie up with local restaurants such as quick service restaurants (QSRs) and full service restaurants (FSRs) for food delivery.
  • The business of delivering restaurant meals to homes is undergoing rapid change as new online platforms race to capture markets and customers across the globe.

Key Drivers of the Global Online On-demand Food Delivery Services Market

  • The rapid penetration of internet- enabled devices and the accessibility of a wide range of online dishes is inspiring consumers to order food online. Moreover, online food delivery applications deal with several offers, discounts, and payment modes such as cash-on-delivery and online payment. This helps consumers to choose multiple dishes from several restaurants.
  • Various such benefits or deals offered by food delivery applications are increasing the accessibility for consumers, which is expected to boost the growth of the online on-demand food delivery services market growth during the forecast years.

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Market in Asia Pacific to Expand Rapidly

  • In terms of geography, the global online on-demand food delivery services market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the online on-demand food delivery services market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the online on-demand food delivery services market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America online on-demand food delivery services market is segmented into Brazil, and Rest of South America.
  • USA, Italy, Japan, U.K, and Australia are the highest revenue generating countries in the online on-demand food delivery services market globally. The United States is the biggest market for food delivery business. This is due to rising investments by vendors to expand the efficiency of logistics and the growing consumer willingness to opt for this service, which is encouraging market growth in the region.

Key Players Operating in the Global Market

Key players operating in the online on-demand food delivery services market are estimated to witness rising demand for these services during the forecast period. The market is fragmented and competitive, and the degree of competition and fragmentation is expected to grow in the coming years. Vendors are focusing on strategies of acquisitions, expansions, and collaborations with startup companies to gain significant share of the market, besides the trend of contractual partnerships and delivery agreements.

In August 2019, Zomato partnered with FarEye, a digital logistics company, to help restaurants stay compliant with guidelines of Food Safety and Standards Authority of India (FSSAI).

In December 2019, cab company Uber was in negotiations to invest US$100-200 Mn in new capital as part of the sale of its India food-delivery business to local rival Zomato. If the merger goes through, UberEats and Zomato may dominate in terms of size and number of orders, ahead of Swiggy, in a strongly disputed and cash-intensive online food delivery market.  

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A few of the key players operating in the global online on-demand food delivery services market are:

  • Deliveroo
  • Delivery Hero SE
  • Foodpanda
  • Glovo
  • Grubhub
  • Just Eat Holding Limited
  • Swiggy
  • Takeaway.com

Cosmetic Contact Lenses Market Intelligence Report for Comprehensive Information 2019-2027

 

  • Cosmetic contact lenses are available in many colors in the market. These lenses are designed to intensify or change the eye color.
  • Large number of consumers use cosmetic contact lenses during theatrical activity, Halloween, and during other events where colored eyes are required. In most countries, consumers need a valid prescription to purchase cosmetic contact lenses, even if they are buying zero power products.

Key Drivers of the Global Cosmetic Contact Lenses Market

  • Increasing adoption of cosmetic lenses coupled with growing fashion trends are majorly driving the growth of the market. Availability of stylish products in local markets with different attractive shades, colors, and textures to enhance eye appearance is working as a favorable factor for the cosmetic contact lenses market.
  • High social media penetration coupled with high investment in search engine optimization and social media optimization by key market players are expected to boost the market growth in the coming years.

Availability of Contact Lenses with Multiple Colors to Create Significant Opportunities

  • Key companies have started offering multiple colored contact lenses (hazel, blue, violet, green, grey, brown, and amethyst) which attracts more customers to purchase their product. Growth in the eyewear industry is also set to create new opportunities in this market.

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Increasing Manufacturing Cost to Hamper the Global Cosmetic Contact Lenses Market

  • Change in raw material cost and high manufacturing cost are major challenges in the cosmetic contact lenses market. Excessive risk pertaining to sensitive eye wear products may slow down the market growth.

Europe Accounted for Highest Market Share

  • Europe was the market leader in the cosmetic skin care market in 2018. High demand for fashion and apparel in key markets including Germany, France, and the U.K. is propelling the market growth. Cosmetic contact lenses have huge acceptance among movie actors, fashion models, and singers. Millennial population prefer to use this product to enhance their fashion quotient which is expected to augment the growth of the Europe cosmetic contact lenses market over the forecast period. 
  • The market in Asia Pacific is expected to grow at a higher pace in the coming years. Significant adoption of this product in China, India, Taiwan, Japan, and South Korea is driving market growth.

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Key Players Operating in the Global Market

The global cosmetic contact lenses market is fragmented in nature. Large number of small-scale manufacturers are present in this market. Key market participants are signing strategic partnerships and engaging in mergers and acquisitions to consolidate their presence in the global market. Moreover, cosmetic contact lenses companies are investing in infrastructure improvement to compete in the market. Key players operating in the global cosmetic contact lenses market are listed below:

  • CooperVision
  • Johnson & Johnson Vision Care
  • CIBA Vision
  • Bausch & Lomb
  • GrandVision
  • InnoVision Co Ltd

Lash Extension Market Strategies, Demand Analysis And Projected Huge Growth By 2030

 

  • Lash extension is a cosmetic procedure which adds thickness to natural eyelashes; false eyelashes are used for the application. The cosmetic application of false eyelashes is done for enhancement of looks. Different range of products such as black or colored eyelashes are used currently. Lash extensions are done by experts and lash extension technicians. They are attached to the base of the each natural eyelash with specialized glue. Lash extensions are available in different materials which include mink lashes, synthetic lashes, and silk lashes. The lash extension market is also classified based on service providers such as hair and beauty salons, lash salons, and dermatology clinics. Growing fashion trends and increasing focus on good looks are expected to drive the global lash extension market during the forecast period.  

Growth of Beauty and Fashion Industry to Drive the Global Lash Extension Market

  • The beauty and fashion industry is growing day by day. Growing social media influence of beauty related products is expected to positively impact the global lash extension market during the forecast period. Nowadays, women are becoming more beauty-conscious and focusing on looking more presentable. Lash extensions give more volume and thickness to natural eyelashes.
  • Increasing application of makeup to enhance the looks during wedding functions, fashion shows, and festive occasions has fueled the usage of false lashes which positively impacts the lash extension market. Rapid urbanization and rising disposable incomes have changed the standard of living of people worldwide. Increasing number of women in the work force, availability of numerous eyelash products, changing consumption patterns, improved lifestyle, and rise in spending on beauty products are the factors expected to drive the global lash extension market during the forecast period.   

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Increasing Development of New Innovative Eyelash Products to Create Better Opportunities for the Global Lash Extension Market

  • Availability of magnetic strip eyelashes is expected to create better opportunities for the lash extension market in the coming years. Adoption of lash extensions is increasing rapidly, as women seek to look more presentable and focus on more thick eyelashes to enhance their beauty. Manufacturing of easy to use false eyelashes is projected to create better opportunities for the global lash extension market in the near future.

Asia Pacific to Lead the Global Lash Extension Market

  • In terms of region, the global lash extension market can be divided into North America, Asia Pacific, South America, Europe, and Middle East & Africa.
  • The lash extension market in Europe includes Germany, the U.K., France, and Rest of Europe. North America comprises Canada, the U.S., and Rest of North America. The lash extension market in Asia Pacific includes India, Japan, China, and Rest of Asia Pacific. The South America lash extension market can be segmented into Brazil and Rest of South America. Middle East & Africa covers GCC, South Africa, and Rest of Middle East & Africa.
  • Asia Pacific is likely to witness maximum growth in the lash extension market due to rise in purchasing power and a large consumer base investing in beauty procedures.

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Key Manufacturers Operating in the Global Market

Key manufacturers operating in the global lash extension market are:

  • JTFIL Eyelashes
  • Qingdao LashBeauty Cosmetic Co., Ltd.
  • JAUNTSKY ARTS&CRAFTS CO., LTD.
  • Galash® Lashes
  • Acelashes
  • Qingdao Yummy Eyelashes Industry And Trade Co., Ltd.
  • Eyelashes World
  • Gold Lashes
  • Babil Lashes Factory Company
  • Lashestst BY Tsingtao Lashes

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...