Friday, 16 October 2020

Cosmetics and Toiletries Market: Factors Helping to Maintain Strong Position Globally 2020-2027

Cosmetics and toiletries include products ranging from perfumes, deodorants, creams to lotions and hair-care products. These products are used for enhancing the general appearance of a user. The global cosmetics and toiletries market has been experiencing a considerable demand in recent years because of the growing consumer awareness about personal hygiene. Moreover, growing skin and dermatology problems too have created ample business opportunities for the development of the global market for cosmetics and toiletries.

Global Cosmetics and Toiletries Market - Notable Developments

The global cosmetics and toiletries market features a fragmented competitive landscape. This fragmentation of the market is because of the presence of several notable brands and also emergence of promising players.

Some of the key players in the global cosmetics and toiletries market include names such as Shiseido, Kao, Avon, Johnson & Johnson, Beiersdorf, Colgate-Palmolive, Estee Lauder, L’Oreal, Unilever, and Procter & Gamble, among others.

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These leading players in the market are constantly striving to develop and introduce new and innovative products so as to attract more customers. Moreover, they pay special attention in maintaining the quality of the product so as to retain a robust brand value and loyalty of the consumers.

  • In August 2018, L’OrĂ©al announced that the company has successfully taken over Logocos Naturkosmetik, a German beauty brand that sells vegan and organic beauty products.  

Global Cosmetics and Toiletries Market - Drivers and Restraints

There are numerous reasons behind the recent growth of the global cosmetics and toiletries market. One of the biggest driving factors for the market growth has been shifting of manufacturing plants to cost-efficient Asian countries such as China and India. Even though several exclusive and well-known cosmetics brands are available at high brow departmental stores, the rise of new channels of distribution such as tele-home shopping, infomercials, or online retailing has all helped in boosting the growth of the global market.

Another important trend that has been observed in the global cosmetics and toiletries market is the growing preference towards natural, organic, and herbal cosmetic products. People are extremely inclined to buy such products to save their skin from harmful chemicals used in synthetic products. This has brought in a complete shift in terms of marketing products by the manufacturers and is thus creating lucrative business opportunities. This too is expected to drive the growth of the global market for cosmetics and toiletries.

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Global Cosmetics and Toiletries Market - Geographical Outlook

In terms of regional segmentation, the global cosmetics and toiletries market has five key regions. These regional segments are Latin America, the Middle East, and Africa, Asia Pacific, Europe, and North America. Of these, currently, the global market for cosmetics and toiletries has been dominated by the region of North America. In recent years, increasing demand for these products has been the key driving factor for the growth of the North America market. Europe too has been experiencing a huge demand for cosmetics and toiletries in recent. This has also put the development of the Europe market on the course for achieving stellar valuation.

On the other hand, the regional segment of Asia Pacific is expected to show promising growth in the coming years of the forecast period. Changing lifestyle trends and spending habits in the region has been influencing the development of the cosmetics and toiletries market. Moreover, with the growing spending power of people in emerging economies such as India and China, the growth of the cosmetics and toiletries market is expected to flourish even further.

Beverage Cans Market: Consumption, Sales, Production, and Other Forecasts 2020-2026

A beverage can is a container, specifically designed to hold liquids such as carbonated drinks, fruits and vegetables juices, flavored drinks, beer, and ready-to-drink teas and coffees. These cans are made from steel, plastic, or aluminum. Aluminum is extensively used to manufacture beverage cans, as it is sustainable and can be recycled without compromising the strength or quality. Beverage cans have a large printable surface area, which is not generally possible with other packaging formats.

Use of high-definition printing and bold colors on aluminum cans attract consumer interaction with the package. Beverage cans are preferred for their convenience, lightweight, and portability and are ideal for active lifestyles, as they do not break easily. Moreover, aluminum beverage cans chill faster than other materials and provide barrier against light and oxygen, which can affect the flavor and freshness of the beverage.

The global beverage cans market is anticipated to expand at a rapid pace due to the increase in demand for aerated drinks and rise in consumption of packaged juices. Consumers are adopting healthier lifestyle, which in turn is propelling the demand for beverage cans for vegetables and fruits juices and caffeine-based drinks such as coffee and iced tea. Moreover, the expansion of the beverage cans market can be attributed to the rise in consumption of alcoholic beverages, such as beer and cider, which need to be cooled at specific temperatures to improve their taste. However, fluctuations in raw material prices and complexities in the manufacture of steel beverage cans are expected to restrain the beverage cans market. Innovation in design shape and recapping of beverage cans are anticipated to create opportunities in the market.

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The global beverage cans market can be segmented based on material, application, and region. In terms of material, the beverage cans market can be categorized into plastic, aluminum, and steel. The aluminum segment is anticipate to hold a major market share of the market owing to its lightweight, high recyclable rate with easy fabrication process, and extensive use in the beverage industry.

Moreover, it is easy and convenient to package aluminum cans, as aluminum can be molded in innovative shapes and sizes. Based on application, the beverage cans market can be bifurcated into alcoholic beverages and non-alcoholic beverages. The non-alcoholic beverages segment is projected to account for a major share of the beverage cans market, due to rise in disposable income and increase in temperature, which increases the consumption of soft drinks and juices.

In terms of region, the global beverage cans market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global beverage cans market, followed by Europe and Asia Pacific. North America dominates the global beverage cans market due to a well-developed beverage industry and high consumption rate of beverages in the region. However, the beverage cans market in Asia Pacific is anticipated to expand at a rapid pace owing to economic development, rise in population, hectic lifestyles, and increase in consumption of beverages. The beverage cans market in the region is projected to expand due to emerging economies such as China, India, and Japan.

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Key players operating in the global beverage cans market include Ardagh Group, Ball Corporation, Crown Holdings Inc., Silgan Holdings Inc., Toyo Seikan Group Holdings, CPMC Holdings Ltd., Kian Joo Can Factory, HUBER Packaging Group GmbH, Can-Pack SA, and Showa Denko K.K. Manufacturers are increasing R&D capabilities to diversify their product range and are adopting manufacturing practices such as innovative and inexpensive packaging solutions, which reduce the cost of raw materials. These companies are setting up new manufacturing plants and expanding geographical reach. Presence of local players is anticipated to increase competition. This, in turn, is projected to increase the introduction of several advanced products in the near future.

Man-Portable Military Electronics Market: Verified Value and Volume Forecasts up to 2027

As terrorist activities grow worldwide, military spending increases by a notable value across the globe. And, this is pushing armies to demand for man-portable military electronic systems. The reason behind this procurement is to improve upon capabilities relating to land based warfare. Besides, a number of countries are on their way to upgrading their forces for better internal security and against foreign aggression.

All this will propel the global man-portable military electronic market to chart a decent growth trajectory over the forecast period of 2019 and 2027. The steady CAGR (Compound Annual Growth Rate) will lead to a higher value of the market by the end of the forecast period. This means that players operating the playfield will witness a slew of opportunities hitting up the market landscape.

Global Man-Portable Military Electronics Market: Notable Developments

While man-made military electronics are seeing an upward curve owing to increase in requirement for products such as battlefield surveillance radar and micro air vehicles. Besides, players are focusing on innovation and investing heavily towards that end. Many are entering partnerships that promise future growth and larger profits

One of the most notable developments in this domain is the acquisition by Rockwell Collins of B/E Aerospace. It is pertinent to note here that later on Rockwell was acquired by UTC. That led to a stronger UTC portfolio. Further, the move consolidated UTC’s overall position in the market.

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Owing to a large number of players present in the global man-portable military electronics market and the prominent ones are Aselsan AS (Turkey), BAE Systems (UK), CODAN Limited (Australia), Collins Aerospace (US), Elbit Systems Ltd (Israel), Exelis Inc (US), FLIR Systems Inc. (US), General Dynamics Corporation (US), Leonardo SpA (Italy), Lockheed Martin Corporation (US), and Saab AB (Sweden), among others.

Global Man-Portable Military Electronics Market: Key Trends and Drivers

Global man-portable military electronics market is witnessing demand from numerous corners of the world. Some of the reasons backing this growth in the global man-portable military electronics market are outlined below:

  • More and more regions in the world are turning into conflict zones and that is leading to more governments investing heavily in catering to needs of the armed forces and special forces. Thus, it does not come as a surprise that spending in Defence is increasing in countries like India that is home to both conflict zones as well as amid terrorist hotspots, regionally.
  • Countries such as Australia, France, India, and the United States of America are taking up upgradation of the forces on a massive scale. And, it is not really surprising considering that many of these nations are actively involved in counter-terrorism initiatives, and so on. Thus, it is only logical for these nations to keep their forces modernized and technologically avant garde. This is contributing positively to the growth of man-portable military electronics market over the forecast period.

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Global Man-Portable Military Electronics Market: Geographical Analysis

So far, North America has charted a notable trajectory in the global man-made portable military electronics market.  And, this trend is set to continue over the forecast period. Some of the reasons behind this growth include high level of technology integration and high levels of investment towards advancement. Besides, heavy demand generates in the United States due to massive involvement in conflict zones and so on. Additionally, the involvement in counter-terrorism operations is also quite high.

On the other hand, Asia Pacific (APAC) region will chart a significant CAGR, projecting a rosy outlook for the years to come – attributable to factors such as various modernization and upgradation programs.

Wireless Power Switch Market: Top Challenges to Face in 2020-2027

 

  • wireless power switch used for household applications is a home device employed to control the switching of household appliances remotely
  • These switches make the switching of household appliances easy for physically challenged individuals, elderly people, and anyone who, in any circumstances, needs security and comfort
  • The global wireless power switch market is anticipated to expand at a rapid pace during the forecast period, owing to increased demand for wireless power switches for use in the automation of commercial and industrial buildings

Key Drivers of Global Wireless Power Switch Market

  • Wireless power switches are used to turn electric appliances on/off from anywhere, even when Wi-Fi has no Internet access
  • The global wireless power switch market is expected to be driven by increasing demand for the rapidly changing technology in consumer electronics. Furthermore, expanding base of smart home users is expected to be a major driving factor for the global wireless power switch market during the forecast period.
  • Companies operating in the global wireless power switch market are investing to expand their product portfolios as well as their distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions to cater to the increasing demand for wireless power switches across different regions.

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Middle East & Africa to Offer Attractive Opportunities to Wireless Power Switch Market

  • The wireless power switch market in Middle East & Africa is estimated to expand at the most rapid pace during the forecast period. This can be attributed to increasing investments in building and infrastructure sectors in the region.
  • Middle East & Africa consists of countries such as Saudi Arabia, the UAE, and Qatar, wherein people have high purchasing power. Rapid expansion of cities and development of infrastructure in these countries are expected to drive the wireless power switch market in the region during the forecast period.

Investments in Building Automation to Drive Market

  • Different applications of building automation and control systems include lighting, safety and security, entertainment (audio and video), and HVAC (heating, ventilation, and air-conditioning)
  • In addition to these core applications, several new applications are being developed and offered by players from different sectors. These include home healthcare, remote monitoring (as a specialized part of safety and security), home robotics, and pet care.
  • The above-mentioned applications need smart control. This factor is expected to fuel the demand for wireless power switches during the forecast period.

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Asia Pacific to Hold a Major Share of Global Wireless Power Switch Market

  • Asia Pacific is a leading consumer of wireless power switches, followed by North America and Europe. China, India, and Japan are key markets in the region. In terms of demand, the three countries account for a major share of the wireless power switch market in the region.
  • Increase in the demand for wireless power switches in Asia Pacific can be attributed to continued urbanization and development of infrastructure in the region. Moreover, the region is witnessing increasing preference for smart and sustainable homes. This is expected to promote growth of the global wireless power switch market during the forecast period.

Key Players Operating in Global Market

The global wireless power switch market is highly concentrated, with the top manufacturers accounting for approximately 25%–35% of the market share. A few of the key players operating in the global wireless power switch market are:

  • Teleco Automation S.r.l.
  • Amphenol Corporation
  • Astrel Group s.r.l.
  • Panasonic Electric Works Europe AG
  • Eaton Corporation
  • Belkin International, Inc.
  • Thermokon Sensortechnik GmbH
  • Osum Smart Electrical Solutions

Submarine Cable System Market: Top Trends to Look for in 2020-2026

Submarine cable systems are placed underwater for integrating communication and electrical transmission across the stretches of sea and ocean.  Laying of these cables takes place with the help of special ship. Rapid modernization intensifies the global submarine cable system market. Rising number of telecom and internet subscription across the globe paves a way for submarine cable system market. Submarine cable systems attempting to deploy cables in areas that were never attempted before. Submarine cables are essential in today’s world, at par with sea freight and global positioning system. The global submarine cable system market to witness an astounding market during the forecast period. 

An upcoming Transparency Market Research report provides insights on size, share, trend, and growth of the global submarine cable system market. It also shares insights about the factors driving and restraining the market growth along with the competitive dynamics and regional insights of the global submarine cable system. In short, the report talks about the behavior of the global submarine cable system market during the forecast period. 

Global Submarine Cable System Market: Drivers and Restraints

Rise in the number of internet users and ever increasing internet traffic is one of the key factors driving the global submarine cable system market towards expansion. Interlinking countries and to promote economic growth across the globe drives the global submarine market to broaden during the forecast period. High reliability and its capacity of underwater cables act as another growth factor in the global submarine cable system market. Submarine cables are cost efficient which drives the global submarine market towards expansion. Submarine cables are getting promoted by the governments across the globe. This provides impetus to the global submarine cable system market.

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Huge repair and maintenance cost, fishing and shipping activities are likely to be the restraints in the global submarine cable system market. Besides, natural disasters and entry barriers to startups and Small scale enterprises could also hinder the growth.  Regardless of the restraints, the global submarine cable system market is likely to grow at a stellar rate due to rapid modernization and digitalization across the globe.

Global Submarine Cable System Market: Regional Outlook 

The global submarine cable system market is divided into five key regions. They are North America, South America, Europe, Asia Pacific, and Middle East and Africa. Asia Pacific is expected to dominate the global submarine cable system market. High investments being made in the submarine cable systems is supposed to be the cause for growth in this region. Also, Africa, Europe, Latin America, and Australia and New Zealand are projected to register a higher growth in the global submarine cable system market during the forecast period.

Global Submarine Cable System Market: Competitive Dynamics 

The global submarine cable system market faces stiff competition worldwide. The key players in the market are venturing into mergers and acquisitions. They are expected to launch new products in the market. Also they are expected to develop new technologies in the submarine cable system market. Such strategies will probably help them win over competitive edge in the global submarine cable system market during the forecast period. Thus, resulting in grand growth of the global submarine cable system market.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Real Time Store Monitoring Platform Market: Deep Company Profiling of Leading Players 2020-2028

The real time store monitoring platform market may record steadfast growth in the forecast period of 2019-2028 on the back of the associated advantages such as prevention of consumer data loss, vendor fraud detection, identification of internal theft, etc. Real time store monitoring platforms are used by multichannel retailers primarily for efficient data management and for gaining a competitive edge in multichannel execution. The real time store monitoring platform enables proper viewing of all the store activity on a day-to-day basis and provides clear data on store performance.

The ongoing report on the real time store monitoring platform market analyses and displays a wide range of possibilities that can place the market shareholder on the path of growth even during unprecedented situations like COVID-19 pandemic. The report sheds light on vital components important for boosting the growth of the real time store monitoring platform market such as ongoing trends, competitive assessment, and regional outlook. The report presents an expert microanalysis of every aspect that can influence the growth rate of the real time store monitoring platform market positively.

Real Time Store Monitoring Platform Market: Competitive Analysis

The real time store monitoring platform market is extremely competitive with many key players in the fray for acquiring the top place in the pyramid of well-established names. The players involved in the real time store monitoring platform market invest hugely in extensive research and development activities for achieving this goal.

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Mergers, acquisitions, collaborations, joint ventures, and partnerships also take place frequently for strengthening the market position. This aspect eventually benefits the real time store monitoring platform market in terms of growth.

  • Renmark Holdings recently partnered with Chinese systems integrator, Hanvon Technology, for transformation of China Mobile’s 17,800 corporate stores into smart retail stores.
  • Checkpoint systems launched a new system to assist retailers in viewing in-store occupancy. Employees and managers can access the information via cloud-based technology on tablets or any other device connected with the software.

Real Time Store Monitoring Platform Market: Key Trends

With cashier-less stores like Amazon Go gaining traction across the world, the real time store monitoring platforms play an important role in managing these types of stores. Observing the growing trend of such stores, startups are coming up with novel real time store monitoring platforms that support efficient cashier-less monitoring. For instance, Grabango, a startup has launched a real time store monitoring platform where the products in the store picked by the consumers are tracked through computer vision technology. While a consumer leaves a store, it automatically tallies the items and enables payment through the Grabango app, eliminating the need for cashier payment. Such technologies in the real time store monitoring platform market may gain considerable momentum in the near future.

The use of real time store monitoring platforms for dynamic pricing of the products through analyzing the overall market scenario is also picking pace as a vital feature. Price monitoring tools equipped in the real time store monitoring platforms are rapidly acquiring a place of importance as highlighters that convince an enduser for purchasing. Improving the overall store experience by providing offers and promotions on the basis of customer preference may also bring good growth opportunities for the real time store monitoring platform market.

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Real Time Store Monitoring Platform Market: Regional Assessment

The real time store monitoring platform market is geographically segmented into Latin America, the Middle East and Africa, North America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), and Japan. North America may serve as a growth leader for the real time store monitoring platform market owing to the rising number of cashless stores across the region and the growing influence of technology in the retail sector.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Oil Condition Monitoring Services Market: Growth Opportunities to Tap into in 2020-2027

Transparency Market Research delivers key insights on the global oil condition monitoring services market. In terms of revenue, the global oil condition monitoring services market is estimated to expand at a CAGR of ~7% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights in its report on the global oil condition monitoring services market.

Oil condition monitoring is a vital element of the predictive maintenance schedule of any equipment. It comprises measurement, monitoring, and analysis of the changes in lubricant and fuel oils for contamination and chemical content, as well as identifying any degradation in oil quality. Oil condition monitoring helps companies identify machine wear before it leads to any serious damage. It also helps reduce unplanned downtime; increases the lifespan of equipment; and safely extends oil change intervals; which is a costly task. Therefore, a large number of industries are opting for oil condition monitoring services in an attempt to minimize the prescheduled replacement of oil and equipment, and extend the operational life of their equipment. This factor is expected to have a positive impact on the global oil condition monitoring market during the forecast period.

Oil condition monitoring services have evolved significantly since their introduction a few years ago. The growing adoption of predictive maintenance among industries has led to significant growth of the global oil condition monitoring services market.

The global oil condition monitoring services market is witnessing significant advancements and innovations. Due to this, the market is expected to expand at a significant rate during the forecast period. The growing importance of extending the operational life of critical assets is another factor boosting the global oil condition monitoring services market. Oil condition monitoring services are employed in various applications such as engines, turbines, and hydraulic systems.

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lobal Oil Condition Monitoring Services Market: Prominent Regions

North America accounted for a key share of the global oil condition monitoring services market in 2018. The region is expected to continue to dominate the global market between 2019 and 2027, owing to the rising use of oil condition monitoring services among various end-use industries in the region. The U.S. constituted a significant share of the market in North America in 2018. The country witnesses high investments in R&D activities aimed at innovating new technologies. Also, North America is the most technologically-advanced region.

Europe has emerged as the second-largest market for oil condition monitoring services across the world. The region is anticipated to hold a considerable share of the global oil condition monitoring services market during the forecast period, owing to the increasing adoption of oil condition monitoring services in countries of Western Europe and Central Europe. Furthermore, the region is a home to several prominent players providing oil condition monitoring services. The rising adoption of oil condition monitoring services in the energy & utility sector in the region is also expected to augment the adoption of oil condition monitoring services in Europe during the forecast period.

Asia Pacific is anticipated to be a highly lucrative market for oil condition monitoring services throughout the forecast period, owing to the growing popularity of these services in developing economies in the region, such as China. The lucrativeness of the market in Asia Pacific is anticipated to increase in the next few years, owing to rapid industrialization in the region. Furthermore, key players are opening oil quality testing laboratories in the region.

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Global Oil Condition Monitoring Services Market: Key Players

Key players operating in the global oil condition monitoring services market are Exxon Mobil Corporation, Intertek Group plc, SGS SA, Bureau Veritas, and Veritas Petroleum Services.

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 ...