Autore: Mohit Patil

According to Fortune Business Insights™, the global hand wash market size was USD 3.29 billion in 2020. The market is projected to grow from USD 2.74 billion in 2021 to USD 4.29 billion in 2028 at a CAGR of 6.6% in the 2023-2028 period. This crucial piece of information is presented by Fortune Business Insights™ in its report titled, “Hand Wash Market, 2023-2028.”

According to our analysts, the increasing occurrence of ailments such as diarrhea, intestinal sickness, and others, combined with the rising hygiene alertness among the global population, affects the demand for personal care products. Additionally, surging dust and environmental contamination concerns across the world give an escalation to the requirements for skin hygiene and sanitary products.

Fortune Business Insights™ lists out all the hand wash market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

• Unilever PLC (U.K.)
• Avon Product, Inc. (U.K.)
• C. Johnson & Son, Inc. (U.S.)
• Amway Corporation (U.S.)
• Henkel AG & Co. KGaA (Germany)
• The Procter & Gamble Company (U.S.)
• Reckitt Benckiser Group PLC (U.K.)
• Vi-Jon, Inc. (U.S.)
• Godrej Group (India)
• 3M (U.S.)

Report Coverage

We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes delivering precise material. Our scholars have applied a data triangulation method which further assists us in offering trustworthy estimations and testing the general market dynamics accurately. Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones.

Drivers and Restraints

Rising Health Alertness among Individuals to Support Market Growth

The development of the worldwide economy has occasioned a varying lifestyle and an augmented standard of life and, therefore, the implementation of a health-alert attitude towards life. This bolsters the utilization of personal care products, such as hand wash, for health safeguarding resolutions.

Moreover, the huge existence of hospitals and clinical infrastructure is anticipated to enhance the demand for sanitary products, as numerous hygiene and personal care products are fundamentally utilized in hospitals to preserve hygiene and a bacteria-free surrounding. This is expected to boost the hand wash market growth during the forecast period.

Segmentation

Based on the product, the global market is classified into ordinary and waterless hand wash. The ordinary products segment dominates the market as these items deliver augmented hydration and bacterial protection to the skin.

On the basis of end-user, the market is divided into residential, commercial, and industrial.

In terms of sales channels, the market is branched into supermarket/hypermarkets, pharmacies, and online channels.

Geographically, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Regional Insights

North America to Remain at Forefront Stoked by Higher Cases of COVID-19

The North American market stood at USD 1.12 billion in 2020. North America held the maximum hand wash market share owing to the surging demand for palm washing products, especially due to an all-encompassing incidence of the COVID-19 outbreak in nations such as the U.S. and Canada.

The Asia Pacific is projected to hold the second-largest position in the market over the forecast period of 2021-2028. The mounting suburbanization pace in leading nations such as China and India would result in the implementation of improved and sanitized habits among people.

Europe is predicted to be the fastest-growing region during the forecast period on account of the existence of mega hand sanitizing production brands such as L’Oréal, Avon, Unilever, and others.

Competitive Landscape

Novel Presentations and Procurements Set to Augment Market Growth

Chief players in the market frequently come up with competent tactics that involve collaborations and partnerships, procurements and mergers, product unveilings, and so on. These approaches elevate their position as dominating players and profit the other engaged companies as well.

Industry Development

• April 2020: Marico declared the unveiling of Mediker SafeLife hand wash in Bangladesh. This presentation is estimated to lead to the sale of the product at a promotional cost, plus the excess money earned in the upcoming six months will be offered to the Prime Minister Relief Fund to tackle the emergency crisis of coronavirus.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/hand-wash-market-102846

The global condom market size is expected to reach USD 10.97 billion by 2028, exhibiting a CAGR of 9.4% during the forecast period. The growing awareness regarding STDs such as, hepatitis B, Syphilis, trichomoniasis, and chlamydia can fuel demand for condoms, which, in turn, will aid the expansion of the market, states Fortune Business Insights, in a report titled, “Condom Market, 2023-2028.” The market size stood at USD 5.31 billion in 2020.

Fortune Business Insights™ lists out all the condom market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

• Reckitt Benckiser Group (Slough, U.K.)
• LifeStyles Healthcare Pte Ltd (Melbourne, Australia)
• Caution Wear Corp. (New Hampshire, USA)
• Church & Dwight Co., Inc. (Ewing, U.S.)
• Cupid Limited (Nashik, India)
• Karex Berhad (Selangor, Malaysia)
• CPR GmbH (Sarstedt, Germany)
• ONE Condoms (Massachusetts, USA)
• Sagami Rubber Industries Co., Ltd. (Kanagawa, Japan)
• Okamoto Industries, Inc. (Tokyo, Japan)

Driving Factor:

Increasing Consciousness about Birth Control to Effectively Uplift Market

The growing knowledge about the use of condoms as a contraceptive can have an excellent impact on the market growth during the forecast period. As per the Contraceptive Use by Method 2019 of the United Nations report, the prevalence of male condoms has escalated from 4.5% in 1994 to 10.0% in 2019 globally. As per the same report, the number of women (those with reproductive age of 15 to 49 years) relying on male condoms as a means of contraception has substantially increased from 64 million in 1994 to 189 million in 2019.

Furthermore, the increasing utilization of other control methods such as oral pills can simultaneously improve the prospects of the market. However, oral pills have adverse effects and cause hormonal imbalance in women, resulting in serious health problems. Therefore, the weakened inclination towards contraceptive pills among women can subsequently fuel the demand. Besides, the rising sex education in developing nations can have a positive impact on the market in the forthcoming years.

Market Segments:

The market is segmented into male and female product types. The male segment is expected to dominate the market based on type owing to the higher usage rate, greater availability, and relatively lower cost compared to female product types. The market is classified into latex and non-latex. The latex segment is expected to hold a major market share due to its greater stretchability and strength compared to non-latex materials such as polyurethane. The market is divided into mass merchandisers, drug stores/pharmacies, online retail stores, and others. The drug stores/pharmacies segment is expected to hold the largest condom market share owing to the high availability of trusted brands.

Regional Insights:

Ever-increasing Population to Spur Demand in Asia Pacific

The market in Asia Pacific is lucrative and is expected to experience a rapid growth rate during the forecast period owing to the ever-increasing population and increasing education level in developing nations. The growing awareness regarding birth control methods can have an excellent impact on the market in Asia Pacific. The implementation of childbearing policies to control the population will effectually aid the growth of the market in the region. The increasing number of unwanted pregnancies will further spur demand for condoms, thus promoting the growth of the market.

As per the report, Contraceptive Use by Method 2019 of the United Nations, in Eastern and South-Eastern Asia, these are one of the most prevalent contraceptive methods accounting for 17% share in 2019. Europe and North America are expected to experience a steady growth rate due to contraceptive products' higher usage rate. As per the report, Contraceptive Use by Method 2019 of the United Nations, condoms in Europe and Northern America account for 14.6% share among all contraceptive methods in 2019.

Competitive Landscape:

Rising Emphasis on Eco-friendly Products by Prominent Companies to Spur Opportunities

To attract customers, companies are focused on producing original product designs, such as those with unique tastes and lubricants. Furthermore, they are concentrating on making their goods environmentally friendly and safer to use for customers, such as through the use of environmental friendly components and the responsible use of utilities throughout the production process. For example, Ritex, a German company, has employed EKOenergy-certified power in their sustainable product line "PRO NATURE." As a result, the launch of new goods, the adoption of environmentally friendly production techniques, and mergers and acquisitions strategies are expected to aid manufacturers in their company growth.

Key Industry Development:

October 2020: Durex, a condom brand based in Britain, introduced a new product range, ‘‘Durex invisible condoms’’. This was launched in India as India’s thinnest condom product.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/condom-market-104519

The global toaster market size is expected to reach USD 4.72 billion by 2027, exhibiting a CAGR of 4.2% during the forecast period. The growing consumer demand for luxurious kitchen appliances items such as refrigerators, mixer grinders, toasters & ovens can have a stupendous effect on the market, states Fortune Business Insights, in a report, titled “Toaster Market Size, Share & COVID-19 Impact Analysis, By Product (Pop-up, Oven, and Conveyor), Application (Residential and Commercial), Distribution Channel (Online and Offline), and Regional Forecast, 2020-2027.” The market size stood at USD 3.83 billion in 2019.

The emergence of coronavirus has caused the world’s economy to tumble down. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

We are perpetually working on our reports to help uplift businesses in this crucial time. Our expertise and experience can offer enormous benefits to help regain during this global pandemic.

The report on the toaster market reveals:

• Eminent insights into the industry
• Important data with in-depth research
• Factors exhibiting market growth
• Comprehensive study about main regions
• COVID-19 impact on the market

List of the Leading Companies Profiled in the Global Toaster Market are:

• Panasonic Corporation (Osaka, Japan)
• LG Electronics (Seoul, South Korea)
• Samsung Electronics Co. Ltd. (Seoul, South Korea)
• Gorenje (Velenje, Slovenia)
• Haier Group Corporation (Qingdao, China)
• De’Longhi S.p.A. (Treviso, Italy)
• Severin Elektrogerate GmbH (Sundern, Germany)
• BSH Hausgerate GmbH (Munich, Germany)
• HAEGER (California, United States)
• Walten Hi-Tech Industries Ltd. (Gazipur, India)

Market Driver:

Surging Hospitality Industry to Propel Market

The inauguration of new cafés, restaurants, hotels, schools, and others will spur opportunities for the market during the forecast period. The increasing consumption of fast food will simultaneously improve the prospects of the market. According to the report ‘Hospitality, Tourism and Leisure in the UAE’, published by the US-UAE Business Council, as of 2018, Dubai had 703 hotels and apartment properties combined with a total number of 111,864 rooms, an increase of 6% over to that of 2017. The increasing inclination towards food recipes through on-demand videos & posts will foster healthy growth of the market during the forecast period. Besides, the growing governmental initiatives & policies for the production of home appliances can promote the growth of the market.

Declining Sale of Toasters to Retard Market Amid Coronavirus

The diminishing purchasing power of consumers will considerably dampen the business during the pandemic. Moreover, the shift from traditional shopping methods to online shopping can further limit the adoption of toasters, which, in turn, will restrict the growth of the market. However, the surging online sales will consequently uplift the market during coronavirus. Besides, the demand for kitchenware products among the middle class and upper class will fuel the demand for toasters, hence, aiding the market growth.

Regional Analysis:

Heavy Consumption of Kitchenware Products to Promote Growth in Asia Pacific

The Toaster market size in Asia Pacific is expected to witness rapid growth during the forecast period owing to the increasing consumption of premium kitchenware products in developing nations such as India, and China. According to the data presented by the China Household Electrical Appliances Association, on 18 August 2020, single-day transaction sales value of the home appliances items has reached to USD 38.79 billion in China during the JD.com festival session. Moreover, the presence of major companies such as Hebei AOCNA Baking Machinery Co. Ltd., Haier Group Corporation, Samsung Electronics Inc., Panasonic Corporation, and others will influence the healthy growth of the market in the region.

Key Development:

May 2020: Newell Brands Inc., a leader in cookware, bakeware, cutlery, and kitchen appliances introduced cool performance touch countertop oven under their brand ‘Calphalon’ that consists of an innovative exterior to provide 75% coolness to the device and the interior feature that uses quartz heat technology to deliver 40% more even heat that other oven’s to provide uniform heating to the food

Browse Summary of This Research Report:

https://www.fortunebusinessinsights.com/toaster-market-103851

According to Fortune Business Insights™, the global hand wash market size was USD 3.29 billion in 2020. The market is projected to grow from USD 2.74 billion in 2021 to USD 4.29 billion in 2028 at a CAGR of 6.6% in the 2021-2028 period. This crucial piece of information is presented by Fortune Business Insights™ in its report titled, “Hand Wash Market, 2023-2028.”

According to our analysts, the increasing occurrence of ailments such as diarrhea, intestinal sickness, and others, combined with the rising hygiene alertness among the global population, affects the demand for personal care products. Additionally, surging dust and environmental contamination concerns across the world give an escalation to the requirements for skin hygiene and sanitary products.

Fortune Business Insights™ lists out all the hand wash market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

• Unilever PLC (U.K.)
• Avon Product, Inc. (U.K.)
• C. Johnson & Son, Inc. (U.S.)
• Amway Corporation (U.S.)
• Henkel AG & Co. KGaA (Germany)
• The Procter & Gamble Company (U.S.)
• Reckitt Benckiser Group PLC (U.K.)
• Vi-Jon, Inc. (U.S.)
• Godrej Group (India)
• 3M (U.S.)

Report Coverage

We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes delivering precise material. Our scholars have applied a data triangulation method which further assists us in offering trustworthy estimations and testing the general market dynamics accurately. Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones.

Drivers and Restraints

Rising Health Alertness among Individuals to Support Market Growth

The development of the worldwide economy has occasioned a varying lifestyle and an augmented standard of life and, therefore, the implementation of a health-alert attitude towards life. This bolsters the utilization of personal care products, such as hand wash, for health safeguarding resolutions.

Moreover, the huge existence of hospitals and clinical infrastructure is anticipated to enhance the demand for sanitary products, as numerous hygiene and personal care products are fundamentally utilized in hospitals to preserve hygiene and a bacteria-free surrounding. This is expected to boost the hand wash market growth during the forecast period.

Segmentation

Based on the product, the global market is classified into ordinary and waterless hand wash. The ordinary products segment dominates the market as these items deliver augmented hydration and bacterial protection to the skin.

On the basis of end-user, the market is divided into residential, commercial, and industrial.

In terms of sales channels, the market is branched into supermarket/hypermarkets, pharmacies, and online channels.

Geographically, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Regional Insights

North America to Remain at Forefront Stoked by Higher Cases of COVID-19

The North American market stood at USD 1.12 billion in 2020. North America held the maximum hand wash market share owing to the surging demand for palm washing products, especially due to an all-encompassing incidence of the COVID-19 outbreak in nations such as the U.S. and Canada.

The Asia Pacific is projected to hold the second-largest position in the market over the forecast period of 2021-2028. The mounting suburbanization pace in leading nations such as China and India would result in the implementation of improved and sanitized habits among people.

Europe is predicted to be the fastest-growing region during the forecast period on account of the existence of mega hand sanitizing production brands such as L’Oréal, Avon, Unilever, and others.

Rеаѕоnѕ to Get thіѕ Rероrt:

• A qualitative and quantitative market study based on segmentation that includes both economic and non-economic factors
• Data on market value for each section and sub-segment
• Indicates the region and market segment that is likely to expand the fastest and dominate the market.
• The consumption of the product/service in each region is highlighted, as are the factors affecting the market within each region.
• The competitive landscape includes the top players' market rankings, as well as new service/product launches, collaborations, company expansions, and acquisitions made by the companies profiled in the last few years.

Competitive Landscape

Novel Presentations and Procurements Set to Augment Market Growth

Chief players in the market frequently come up with competent tactics that involve collaborations and partnerships, procurements and mergers, product unveilings, and so on. These approaches elevate their position as dominating players and profit the other engaged companies as well.

Industry Development

• April 2020: Marico declared the unveiling of Mediker SafeLife hand wash in Bangladesh. This presentation is estimated to lead to the sale of the product at a promotional cost, plus the excess money earned in the upcoming six months will be offered to the Prime Minister Relief Fund to tackle the emergency crisis of coronavirus.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/hand-wash-market-102846

The global cosmetics industry was valued at USD 277.67 billion in 2020 and is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028, exhibiting a CAGR of  5% during the 2021-2028 period.

In recent times, demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance.  The industry offers a wide variety of products, such as hair care, face care, lip care, and others.  Additionally, the increasing demand for anti-aging creams and serums and the development of advanced tools and innovative packaging is attracting consumers. Besides, the new trend of personalized products for a specific person, based on their hair type, skin tone & texture, and eye color, is generating traction. The manufacturers are also trying to grab consumers' attraction by coming up with sustainable packaging and chemical-free products to cater to the demand of every individual.

List of Key Players Profiled in the Cosmetics Industry Report:

• The Estée Lauder Companies Inc. (New York, U.S.)
• Beiersdorf AG (Hamburg, Germany)
• Shiseido Co., Ltd. (Tokyo, Japan)
• Coty Inc. (New York, U.S.)
• Natura & Co. (São Paulo, Brazil)
• Kao Corporation (Tokyo, Japan)
• Johnson & Johnson Services, Inc. (New Jersey, U.S.)
• L’Oréal S.A. (Paris, France)
• Unilever (London, U.K.)
• Procter & Gamble Co. (Ohio, US)

Market Segmentation:

By category, the market is segmented into hair care, skincare, makeup, and others. By gender, it is bifurcated into men and women. By distribution channel, it is divided into specialty stores, hypermarkets/supermarkets, online channels, and others. Finally, based on region, the market is categorized into North America, Europe, Asia Pacific, and the rest of the world. 

Factors Affecting the Growth of the Cosmetics Market:

There are several factors that can affect the growth of the Cosmetics Market. Some of these factors include:

• Increasing Disposable Income: Rising disposable income levels among consumers, particularly in developing countries, have contributed to the growth of the cosmetics market. As people have more money to spend on non-essential items, they are willing to invest in cosmetics and personal care products.
• Changing Consumer Preferences: Consumer preferences have shifted towards a greater focus on personal grooming, beauty, and self-care. There is a growing demand for cosmetics that enhance physical appearance and cater to specific skin types or concerns. This change in preferences has fueled the growth of the cosmetics industry.
• Influence of Social Media and Influencers: The advent of social media platforms and the rise of beauty influencers have had a significant impact on the cosmetics market. Consumers now have access to a wide range of beauty-related content, product reviews, and tutorials. Social media platforms provide a platform for cosmetic brands to engage with their target audience and promote their products, leading to increased sales.
• Technological Advancements: Advancements in technology have revolutionized the cosmetics industry. Innovations such as improved formulations, advanced manufacturing processes, and product customization options have expanded the product offerings and improved the quality of cosmetics. Technological advancements also enable companies to market their products more effectively, reach a wider audience, and provide personalized recommendations.
• Growing Men's Grooming Segment: The men's grooming segment has witnessed substantial growth in recent years. Men are increasingly conscious of their appearance and are willing to invest in grooming products. Cosmetic companies have recognized this trend and have launched specific product lines targeting the male demographic, contributing to the overall growth of the cosmetics market.
• Increasing Awareness of Health and Wellness: There is a growing awareness among consumers about the importance of maintaining healthy skin and overall well-being. This has led to an increased demand for cosmetics that contain natural and organic ingredients, are free from harmful chemicals, and offer skincare benefits. The focus on wellness and sustainability has prompted cosmetic companies to develop and promote products that align with these values.
• Expansion of E-commerce: The rise of e-commerce has significantly impacted the cosmetics industry. Online platforms provide consumers with convenience, a wider product selection, and the ability to compare prices and reviews. E-commerce has opened up new market opportunities for cosmetic brands, especially small and niche players, enabling them to reach global consumers and compete with established brands.
• Urbanization and Globalization: Rapid urbanization and globalization have influenced the growth of the cosmetics market. As more people move to urban areas and experience exposure to global beauty trends, their demand for cosmetics increases. Cosmetics brands are expanding their presence in urban centers and leveraging global marketing strategies to cater to this growing consumer base.

These factors collectively contribute to the growth and evolution of the cosmetics market, making it a dynamic and competitive industry.

What does the Report Provide?

The market report provides a detailed analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships, and collaborate to contribute to the market growth.

Driving Factors

Availability of Customized Beauty & Skincare Products to Drive Market Growth

In recent times, demand for personalized skincare, hair care is promoting manufacturers on introducing personalization and digitalization in cosmetic products to increase customers. For instance, in February 2020, L’Occitane Group announced the launch of its new range of personalized range called Duolab. The range has a countertop device that functions artificial intelligence (AI) technology. This device helps in finding out one’s skin condition to provide it a face care solution in the form of freshly blended cream. Therefore, increased awareness regarding grooming coupled with technological advancements is expected to support the cosmetics industry statistics 2020 growth in upcoming years.

Regional Insights

Asia Pacific to Dominate the Market Backed by Increasing Urbanization and Standard of Living

Asia Pacific is expected to dominate with market size of USD 102.55 billion in 2020. Increasing urbanization & standard of living, growing number of working women, and rising middle-class population are the key contributing factors for the growth of the market in this region.

North America on the other hand is expected to witness positive growth owing to the rising disposable income and high spending power of the population in the region. Additionally, an increasing number of beauty product stores in the region is also one of the major flourishing factors for the growth of the market during the forecast period. For instance, in February 2020, one of the largest cosmetics retail store Sephora announced its expansion plans, which included the opening of around 100 new stores across the North America region by 2020.

Competitive Landscape

Key Players to Focus on Partnerships and New Launches to Strengthen Market Growth

This market is consolidated by major companies striving to maintain their position by focusing on new launches, collaborations & partnerships, and acquisitions. Such strategies taken up by key players are expected to strengthen its market prospects.

Below are the industry developments:

• January 2020: Natura &Co announced the acquisition of Avon Products, Inc. Avon offers beauty and personal care products. Through this acquisition, Natura aims to expand its product portfolio.
• February 2021: Revlon made a partnership with MDR Brand Management to come up with new cosmetics products and increased consumer engagement across the EMEA, APAC, and America.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/cosmetics-market-102614

The United States Sports Drink Market size was valued at USD 6.50 billion in 2021 and is projected to grow from USD 6.77 billion in 2022 to USD 9.38 billion by 2029, exhibiting a CAGR of 4.76% during the forecast period.

This information is presented by Fortune Business Insights, in its report titled, “United States Sports Drink Market, 2022-2029.”

List of Major players operating in United States Sports Drink Market report are:

• PepsiCo, Inc. (U.S.)
• The Coca-Cola Company (U.S.)
• Genomma Lab Internacional (U.S.)
• Lifeaid Beverage Co. (U.S.)
• Hoist (U.S.)
• BioSteel Sports Nutrition Inc. (Canada)
• Applied Nutrition Ltd (UK)
• CAB Enterprises Inc. (U.S.)
• Non Acidic Beverages LLC (U.S.)
• Elite Beverage International (U.S.)

Report Coverage:

The report presents a holistic study of the U.S. sports drink market share along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the U.S. sports drink market growth are shared in the report.

Drivers and Restraints:

Increasing Inclination toward Physical Fitness is Fueling Market Growth

One of the main factors surging the demand for sports drinks is the rising propensity for physically active and fitness-related activities among millennials, particularly among athletes, as well as their expanding purchasing power and willingness to pay more for healthier alternatives. Additionally, sports drinks have a number of advantages such as reducing dehydration and providing electrolytes to replenish sweat and keep the body's electrolyte balance. The market is therefore anticipated to develop as consumer knowledge of the health advantages of goods rises.

Segments:

Rising Demand for Isotonic Drinks Drives Market Growth

By type, the market is divided into isotonic, hypotonic, and hypertonic. The isotonic segment is one of the leading segments in the market as it consists of almost a similar amount of sugar and salt as in the human body.

Easy Availability of Diversified Sports Drink Brands in the U.S. to Accelerate Brand Sales

By material, the market is segregated into Gatorade, Powerade, and others. Gatorade dominates the market and is anticipated to grow at a significant CAGR during the forecast period.

Extensive Use of Metal Packaging is Fueling Market Growth

Based on packaging type, the market is segmented into metal, PET/plastic, and glass. The metal segment dominated the market and is expected to grow at a significant CAGR during the forecast period.

Rise in the Number of Individual Participation in Outdoor Activities is Driving the Market

Based on target consumer, the market is segmented into teenagers, adults, and geriatric. The adults segment is the highest contributor to the market growth, owing to the highest percentage share in the total population.

Offline Segment to Remain Dominant in the Coming Years

The market is categorized into online and offline based on distribution channel. The offline segment held a significant market share in 2021. The offline segment includes hypermarket/supermarket, drug stores, convenience stores, and others.

Competitive Landscape:

Partnerships among Companies to Secure Their Brand Values in Global Market

Prominent players in the market are constantly opting for effective strategies to promote their products and establish their positions in the market. One such strategy is to launch new products by partnering with other companies to extend their reach to end-users.

Key Industry Development:

• June 2022: In a new multi-year agreement, the NHL, NHLPA, and PepsiCo announced that their cooperation has been extended. In terms of soft drinks, hydration, sports drinks, and savory refreshments, PepsiCo will continue to hold all rights. As a result, the company will benefit from new promotional opportunities and product launch opportunities as a result of working with major sporting events.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/us-sports-drink-market-107190

The global hair wig market size was USD 1.94 billion in 2020 and is projected to grow from USD 2.28 billion in 2021 to USD 3.0 billion in 2028 at a CAGR of 4.0% in the 2023-2028 period. This information is presented by Fortune Business Insights, in its report titled, “Hair Wig Market, 2023-2028.”

In recent times, people are aware of how using a hair wig can enhance their look and boost the confidence of a person, who is dealing with excessive hair loss problems. Using these wigs is easy and companies are coming up with custom-made and personalized designs to fulfill the demand of the consumers.  Additionally, high spending by the population to keep up with trends is amplifying the demand for a wig as a fashion product.

List of Key Players Profiled in the Hair Wig Market Report:

• Shake-n-Go Fashion, Inc. (New York, U.S.)
• Henan Rebecca Hair Products Co., Ltd. (Xuchang, China)
• HairUWear(Kansas, U.S.)
• Paula Young(Massachusetts, U.S.)
• Lord hair(Qingdao, China)
• Anhui Jinruixiang Hair Product CO.,LTD (Anhui, China)
• Evergreen Products Grouped Limited (Hong Kong)
• Donna Bella Hair (Utah, U.S.)
• Ruimei Hair Products co.,Ltd (Xuchang, China)
• Aderans Co., Ltd. (Shinjuku, Japan)

Report Coverage-

The research report concentrates on evaluating the hair wig industry by taking into contemplation all the contributions, opportunities, as well as growth trends. It offers thorough profiles of vital players present in the market to determine their capabilities in each segment. Besides, it guarantees to aid our clientele with better understanding of competitive landscapes, such as collaborations & acquisitions, novel product launches, joint ventures, and partnerships.

Driving Factor

Usage of Wig in Mannequin and Modeling Industry to Fuel Demand

The increasing trend of using mannequins in fashion outlets is expected to drive the hair wig market growth. For instance, the data issued by Business Insider in June 2019, mentioned that Nike’s new mannequin has increased the search for plus size and Nike by 387%, and clicks on the mannequin's tights were amplified by 200% on British fashion retailer Love the Sales. Furthermore, the rising demand for synthetic hair in modeling industry, by models to get their desired look is uplifting the demand of these wigs. 

Market Segmentation:

By product type, the market is bifurcated into human hair and synthetic hair.

• Based on type, the human hair segment held the market share of 66.28% in 2020. This is attributable to the product's ability to appear and feel incredibly natural.

By end-user it is divided into men and women. By distribution channel, it is segmented into offline and online. Finally, based on region, the market is categorized into North America, Europe, Asia Pacific, South America and the Middle East & Africa.

Regional Insights

North America to Lead Stoked by Rising Expenditure on Wigs in Region

North America is projected to stay at the vanguard position and hold the highest hair wig market shares during the forecast period. This is attributable to the rising spending by consumers on festive events such as Halloween is accelerating the product’s demand in the region. For instance, as per the data issued by the National Retail Federation, in 2019, the Halloween spending in the U.S. had reached USD 8.8 billion. The regional market stood at USD 0.74 billion in 2020.

Europe is anticipated to hold substantial market share owing to the growing geriatric population in the region. As per the data released by the Europea.Eu, in 2020, stated that, more than one-fifth of the European population is assessed to be aged 65 years and over, and are suffering with hair problems. This is expected to positively impact the market.

Competitive Landscape

Key Players to Focus on Launches & Collaborations to Strengthen their Market Prospectus

The global market holds a large number of noticeable companies that are incessantly trying to innovate exclusive devices to satisfy the demand from patients across the world. To do so, they are teaming up with domestic or international and renowned firms, presenting novel solutions, doing partnerships and collaborations to reinforce their portfolio in the market.

Below are two industry developments:

• June 2021: Waeve announced the launch of its set of six different wig styles 4 times a year.
• October 2020 – BELLAMI made a partnership with Kristen Hancher for the launch of bold, colorful wigs.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/hair-wig-market-106241

The global hand sanitizer market size was valued at USD 2.98 billion in 2020 and reached USD 2.79 billion in 2021. The market size is expected to reach USD 3.47 billion by 2028, exhibiting a CAGR of 3.1% during the forecast period. Innovators and business people across the globe are rehashing their plans of action considering the Covid pandemic. In the craft cocktail arena, breweries and distilleries are transitioning their focus from spirits to hand sanitizers. For example, in May 2020, Doctor Shultz's, collaborated with Ilthy, a dress brand for assembling and providing hand sanitizers and face masks.

Furthermore, increasing awareness regarding cleanliness practices and strong demand for the product for the development of personal care products may enhance industry growth. Fortune Business Insights™ provides this information in its report titled “Hand Sanitizer Market, 2021-2028”

List of major companies profiled in the hand sanitizer market are:

• Reckitt Benckiser Group Plc (U.K.)
• Gojo Industry Inc. (U.S.)
• Henkel AG & Company (Germany)
• Himalaya Global Holdings Ltd. (India)
• Unilever Plc. (U.K.)
• Bacardi Limited (Bermuda)
• CVS Health (U.S.)
• Best Sanitizer Inc. (U.S.)
• Proctor & Gamble (U.S.)
• SC Johnson & Son, Inc. (U.S.)

Report Coverage

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

The hand sanitizer market is profoundly divided with the presence of an enormous number of territorial and nearby players. The market players face extraordinary rivalry, particularly from the top producers of this market as they have an enormous buyer base, solid memorability, and tremendous conveyance organizations. Organizations have been carrying out different development methodologies, for example, associations and new item dispatches, to remain ahead in the game.

Drivers and Restraints

Strong Government Support for the Promotion of Hygiene Products to Propel Industry Progress

Hand sanitizers are anti-infection solutions that eliminate germs and viruses efficiently. Strong governmental support for hygiene products’ promotion may enhance hand sanitizer adoption. For example, the World Health Organization (WHO) announced a campaign titled “Seconds Save Lives, Clean your Hands” to promote hand hygiene awareness among the people. Further, the rising infrastructural facilities such as specialty stores, shopping malls, and retail outlets are expected to enhance hand sanitizers' adoption. Further, the rising consumer preferences toward beauty and healthcare products may drive the hand sanitizer market growth.

However, the abundance of alternative products may hamper the industry’s growth.

Segmentation

Gel Segment to Hold Major Share Attributable to its Effective Germ Protection

By product form, the market is segmented into liquid, gel, and foam.

The gel segment is expected to grow rapidly due to its effective germ protection. Furthermore, its ability to easily spread on hands enhanced hand sanitizer sales. Moreover, quicker sanitization and drying property of gels may enhance segmental growth.

Alcohol-Based Sanitizers to Dominate Owing to Rapid Adoption in Hospitals

By type, the market is bifurcated into alcohol-free and alcohol-based sanitizers.

The alcohol-based sanitizer segment is expected to hold a dominant market share because of its extensive adoption in hospitals and effectiveness in germ elimination. Furthermore, the anti-microbial ability of alcohol-based sanitizers may incite industry growth

Supermarket/hypermarket Stores Segment to Dominate Owing to the Availability of a Wide Variety of Products

By distribution channel, the market is categorized into online retail, supermarkets/hypermarkets, pharmacy stores, and others.

The supermarkets/hypermarkets segment is expected to dominate owing to the availability of various products. Furthermore, the availability of discounts is expected to enhance product demand.

Hospital Segment to Dominate Attributable to Strong Demand for Sanitizers

By end-user, it is classified into households, hospitals, restaurants, schools, and others.

The hospital segment is expected to hold a dominant market share due to the strong demand for sanitizers to maintain a clean and hygienic environment. Moreover, the rising health concerns among staff and doctors in clinics and hospitals may elevate demand.

Regionally, it is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Regional Insights

Presence of Prominent Players to Propel Market Progress in North America

North America is expected to dominate the hand sanitizer market share because of the presence of prominent players. The market in North America stood at USD 1.38 billion in 2020 and is likely to gain a huge portion of the global market share in the upcoming years. Furthermore, rising sanitization practices and personal hygiene is expected to bolster industry growth.

In Europe, efficient medical facilities are expected to enhance hand sanitizer adoption. As per the State of the Health in the EU, Italy, France, Italy, and Spain have excellent medical facilities compared to other European countries. These factors may enhance the market growth.

In Asia Pacific, the strong adoption of personal care products is expected to boost market progress. As per the ‘China Consumer Market 2019’ report, personal care product sales increased nearly 8 times in 2019. In addition, rising government initiatives for developing programs associated with personal care products in India are expected to propel market growth.

Competitive Landscape

Major Players Launch Novel Products to Boost Brand Image

The prominent companies operating in the market announce novel products to boost brand image. For example, Cavinkare announced cost-effective products under the Nyle, Raaga, and CHIK brands in March 2020. This development aims to provide hygiene solutions to people suffering from disease-causing bacteria and viruses. This strategy may allow the company to enhance its brand image. Furthermore, companies adopt novel product launches, mergers, acquisitions, and expansions to strengthen their market position.

Key Industry Development

• April 2020- Nycil announced sanitizer products under its ‘germ protection for family’ category for business expansion during the pandemic.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/hand-sanitizer-market-102710

The global private tutoring market size is expected to reach USD 171.93 billion by 2028, exhibiting a CAGR of 8.3% during the forecast period. The requisite for higher education in developing countries will subsequently improve the prospects of private tutoring, in a report, titled “Private Tutoring Market, 2021-2028.” The market size stood at USD 92.59 billion in 2020. 

The Private Tutoring Market Report covers potential improvement drivers as properly as the modern-day key of market share, penetration of a number of kinds, technologies, applications, and areas through forecast till 2028.

How will you analyze the competitional analysis between top key players included in the report?

With the aim of clearly revealing the competitive state of the industry, we concretely analyse not only the leading plyers that have a voice on a global scale, but also the regional small and medium-sized players that play key roles and have plenty of potential growth.

Who are some of the key players operating in the Private Tutoring Market and how high is the competition 2023?

• Educomp Solutions Ltd. (Gurgaon, India)
• Sylvan Learning, LLC (Baltimore, U.S.)
• Daekyo Co., Ltd. (Seoul, South Korea)
• Kumon Institute of Education Co., Ltd. (Tokyo, Japan)
• Kaplan Inc. (New York, U.S.)
• Action Tutoring (London, U.K.)
• Chegg, Inc. (Santa Clara, U.S.)
• Ambow Education Holding Ltd. (Beijing, China)
• TAL Education Group (Beijing, China)
• Mathnasium LLC (Los Angeles, U.S.)

What is a major information source?

Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

How Did We Conduct Our Research?

The report involved four notable activities in projecting the current market size. Exhaustive secondary research was conducted to gather data about the parent and peer markets. Our next step included primary research to authenticate these sizing, assumptions, and findings with numerous Private Tutoring industry experts. We have also used bottom-up and top-down approaches to calculate the market size.

Which are the driving factors of the Private Tutoring market?

The increasing competition among students has resulted in high demand for private tutoring, which will boost the market growth. The rising difficulty in level entrance exams by renowned schools or universities can create lucrative opportunities for this market. As per the Global Education Census Report 2018 published in November 2018 by Cambridge Assessment International Education, about 4 in 10 surveyed students (43%) had received private tuition outside the school worldwide, wherein in China, it accounted for more than 5 in 10 observed students (57%), followed by India (55%), and 1 in 10 students in the U.S. Furthermore, the increasing expectations of parents for high marks in academics from their children will accelerate the growth of the market. Besides, raising consciousness regarding learning in developing nations will simultaneously enable speedy expansion of the market.

Remote Teaching to Amplify Growth During Coronavirus

The temporary closure of education institutes due to the pandemic has adversely impacted the education industry. As per the article, ’The Impact of the Covid-19 Pandemic on Education Financing’, published in May 2020 by World Bank Group, the real growth in education spending per capita in all countries, as per downside forecast, was estimated to decline at a rate of -5.7% in 2020. However, the shift towards online education will consequently stabilize the market amid COVID-19. Besides, the growing popularity of online learning due to its convenience will boost the private tutoring market growth. 

Which segment is expected to lead the global Private Tutoring Market Market during the forecast period?

By Subjects 

• Academic
• Non-academic

By Application 

• Up-to K-12
• Post K-12

By Mode

• Offline
• Online

By Geography

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Private Tutoring Market Research Scope:

• Global Private Tutoring Market size and growth projections (CAGR), 2021-2028
• COVID impact on the Private Tutoring industry with future scenarios
• Private Tutoring Market size, share, and outlook across 5 regions and 16 countries, 2021-2028
• Private Tutoring Market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2021-2028
• Short and long-term Private Tutoring Market trends, drivers, restraints, and opportunities
• Porter's Five forces analysis, Technological developments in the Private Tutoring Market, Private Tutoring supply chain analysis
• Private Tutoring trade analysis, Private Tutoring Market price analysis, Private Tutoring supply/demand
• Profiles of Top leading companies in the industry overview, key strategies, financials, and products
• Latest Private Tutoring Market news and developments analysis

Which regions are dominating the Private Tutoring Market growth?

The market in Asia Pacific is expected to hold the largest private tutoring market share during the forecast period. The growth is attributed to coaching classes' popularity primarily in China, Japan, South Korea, and Southeast Asian nations. In May 2020, the press release of Yonhap News Agency reported the results of an annual survey conducted by the National Statistics Korea and the Ministry of Gender Equality and Family. It was reported that, in 2019, about ¾th of the students received private tutoring in South Korea, wherein students spent, on an average, 6.5 hours/week for this tutoring. Also, the increasing middle-class population is likely to spur business opportunities for the market in Asia Pacific.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/private-tutoring-market-104753

The global condom market size is expected to reach USD 10.97 billion by 2028, exhibiting a CAGR of 9.4% during the forecast period. The growing awareness regarding STDs such as, hepatitis B, Syphilis, trichomoniasis, and chlamydia can fuel demand for condoms, which, in turn, will aid the expansion of the market, states Fortune Business Insights, in a report titled, “Condom Market, 2023-2028.” The market size stood at USD 5.31 billion in 2020.

Fortune Business Insights™ lists out all the condom market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

• Reckitt Benckiser Group (Slough, U.K.)
• LifeStyles Healthcare Pte Ltd (Melbourne, Australia)
• Caution Wear Corp. (New Hampshire, USA)
• Church & Dwight Co., Inc. (Ewing, U.S.)
• Cupid Limited (Nashik, India)
• Karex Berhad (Selangor, Malaysia)
• CPR GmbH (Sarstedt, Germany)
• ONE Condoms (Massachusetts, USA)
• Sagami Rubber Industries Co., Ltd. (Kanagawa, Japan)
• Okamoto Industries, Inc. (Tokyo, Japan)

Driving Factor:

Increasing Consciousness about Birth Control to Effectively Uplift Market

The growing knowledge about the use of condoms as a contraceptive can have an excellent impact on the market growth during the forecast period. As per the Contraceptive Use by Method 2019 of the United Nations report, the prevalence of male condoms has escalated from 4.5% in 1994 to 10.0% in 2019 globally. As per the same report, the number of women (those with reproductive age of 15 to 49 years) relying on male condoms as a means of contraception has substantially increased from 64 million in 1994 to 189 million in 2019.

Furthermore, the increasing utilization of other control methods such as oral pills can simultaneously improve the prospects of the market. However, oral pills have adverse effects and cause hormonal imbalance in women, resulting in serious health problems. Therefore, the weakened inclination towards contraceptive pills among women can subsequently fuel the demand. Besides, the rising sex education in developing nations can have a positive impact on the market in the forthcoming years.

Market Segments:

The market is segmented into male and female product types. The male segment is expected to dominate the market based on type owing to the higher usage rate, greater availability, and relatively lower cost compared to female product types. The market is classified into latex and non-latex. The latex segment is expected to hold a major market share due to its greater stretchability and strength compared to non-latex materials such as polyurethane. The market is divided into mass merchandisers, drug stores/pharmacies, online retail stores, and others. The drug stores/pharmacies segment is expected to hold the largest condom market share owing to the high availability of trusted brands.

Regional Insights:

Ever-increasing Population to Spur Demand in Asia Pacific

The market in Asia Pacific is lucrative and is expected to experience a rapid growth rate during the forecast period owing to the ever-increasing population and increasing education level in developing nations. The growing awareness regarding birth control methods can have an excellent impact on the market in Asia Pacific. The implementation of childbearing policies to control the population will effectually aid the growth of the market in the region. The increasing number of unwanted pregnancies will further spur demand for condoms, thus promoting the growth of the market.

As per the report, Contraceptive Use by Method 2019 of the United Nations, in Eastern and South-Eastern Asia, these are one of the most prevalent contraceptive methods accounting for 17% share in 2019. Europe and North America are expected to experience a steady growth rate due to contraceptive products' higher usage rate. As per the report, Contraceptive Use by Method 2019 of the United Nations, condoms in Europe and Northern America account for 14.6% share among all contraceptive methods in 2019.

Competitive Landscape:

Rising Emphasis on Eco-friendly Products by Prominent Companies to Spur Opportunities

To attract customers, companies are focused on producing original product designs, such as those with unique tastes and lubricants. Furthermore, they are concentrating on making their goods environmentally friendly and safer to use for customers, such as through the use of environmental friendly components and the responsible use of utilities throughout the production process. For example, Ritex, a German company, has employed EKOenergy-certified power in their sustainable product line "PRO NATURE." As a result, the launch of new goods, the adoption of environmentally friendly production techniques, and mergers and acquisitions strategies are expected to aid manufacturers in their company growth.

Key Industry Development:

• October 2020: Durex, a condom brand based in Britain, introduced a new product range, ‘‘Durex invisible condoms’’. This was launched in India as India’s thinnest condom product.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/condom-market-104519