The global Skin Care Market size is projected to reach USD 200.25 billion by 2026. The high investments in the development of skin care products with organic and safe ingredients will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Skin Care Market Size, Share & Industry Analysis, By Products (Creams, Lotions, Powders, Sprays, and Others), Packaging Type (Tube, Bottle, Jar, and Others), Gender (Men and Women), Distribution Channel (Cosmetic Stores, Supermarkets/Hypermarkets, Online Channels, and Others), and Regional Forecast, 2019 - 2026”
The Skin Care Market size was worth USD 133.90 billion in 2018 and will exhibit a CAGR of 5.24% during the forecast period, 2019-2026.
Skin care products are gaining rapid popularity across the world. The changing lifestyle habits, coupled with the high spending power of common people will aid the growth of the market in the coming years. The advancements in cosmetics industry have opened up a huge potential for the companies operating in the market. Accounting to the huge potential held by skin care products, several large scale companies are investing more towards the development of advanced products. The increasing number of product launches will have a positive impact on the growth of the market in the coming years. The growing demand for organic products will creates huge platforms for market growth.
Increasing Number of Company Mergers Will Aid Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers and collaborations have made a huge impact on the growth of the market. In January 2020, Procter & Gamble announced that it has acquired Billie Inc. The company possess an extensive range of women’s body care products. This acquisition is expected to strengthen the company’s product range. This acquisition will not only help the company grow, but will have a direct impact on the growth of the market in the coming years. The report highlights a few of the other factors that have influenced the growth of the market.
Asia Pacific to Hold Highest Market Share; Increasing Company Collaborations Will Aid Growth
The report analyses the ongoing skin care market trends across North America, Europe, Asia Pacific, and the Rest of the World. Among these regions, the market in Asia Pacific will hold the highest skin care market share driven by the increasing number of company collaborations and mergers in several countries across the world. The market in North America is projected to witness considerable growth in the coming years, owing to the presence of several well-established companies. As of 2018, the market in North America was worth USD 25.82 billion in 2018 and this value is projected to increase further in the coming years.
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A few of the leading companies that have been profiled in the report include:
- Unilever
- Procter & Gamble
- L’Oréal Professional
- Estée Lauder Inc.
- Shiseido Co., Ltd
- Beiersdorf AG
The global contract manufacturing organization market size is projected to reach USD 188.07 billion by the end of 2026.
The increasing emphasis on the R of newer drugs and therapeutic procedures will bode well for the market in the coming years.
According to a report published by Fortune Business Insights, titled “Contract Manufacturing Market (CMO) Market Size, Share & Industry Analysis, By Type (API Manufacturing, Finished Dosage Form Manufacturing (Solid Dosage Forms, Injectable, and Others) and Packaging), and Regional Forecast, 2019-2026,” the market was worth USD 92.42 billion in 2018 and will exhibit a CAGR of 9.4% during the forecast period, 2019-2026.For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/contract-manufacturing-organization-cmo-market-102658A contract manufacturing organization is an organization that provides drug development services to companies operating in the pharmaceutical industry.
The high investment in the drug development processes is an indication of high prevalence of serious chronic diseases.The severity of these diseases and their potential to have a direct impact on the life expectancy has benefited the contract manufacturing companies across the world.
Recent advances in molecular biological concepts have allow3d operations and therapeutic procedures of the highest calibre as well as efficiency.
In July 2018, Catalent Inc. announced the acquisition of Juniper Pharma.
The presence of several large-scale companies will contribute to the growth of the market in the coming years.
Aramid fibers are widely used across diverse industry applications, mainly due to their exceptional physical properties.
The product is characterized by mechanical strength and excellent resistance to external factors including pressure and humidity.
As this is a manmade fiber, availability is not an issue.
Besides this, properties such as low flammability and good fabric integrity will contribute to the growing adoption of aramid fibers across diverse industry verticals in several countries.
Among all factors, the increasing number of product innovations has had the highest impact on the growth of the overall aramid fiber market in recent years.
The global Mining Drills and Breakers market size is expected to reach USD 15,817.8 million by 2026 according to a new study by Polaris Market Research.
Mining industry has witnessed a huge shift in production, exploration activities, technological advancements and many more in the recent years.
The mining industry deals with huge tasks that are related to operations and maintenance.
However, stringent government regulations pertaining to environment protection is anticipated to hamper the growth of this market in near future.
China has implemented the Environmental Protection Tax Law in order to cope with the pollution caused by exploration activities.
Asia Pacific is expected to witness exponential growth in the mining drills and breakers market over the forecast period.
New York, NY 04 Oct 2021: The global Mining Drills and Breakers market size is expected to reach USD 15,817.8 million by 2026 according to a new study by Polaris Market Research.
The report “Mining Drills and Breakers Market Share, Size, Trends, Industry Analysis Report By Product Type (Drills (Rotary and Crawler), Breakers (Rock and Hydraulic)), Sales (Original Equipment, Aftermarket), Application (Mineral Mining, Coal Mining, Metal Mining); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.Mining industry has witnessed a huge shift in production, exploration activities, technological advancements and many more in the recent years.
The mining industry deals with huge tasks that are related to operations and maintenance.
However, stringent government regulations pertaining to environment protection is anticipated to hamper the growth of this market in near future.
China has implemented the Environmental Protection Tax Law in order to cope with the pollution caused by exploration activities.
Metal mining holds a major share in the global market.
The global cosmetics market size is projected to reach USD 438.38 billion by the end of 2026.
The increasing demand for clean-labeled products will bode well for the market in the coming years.
According to a report published by Fortune Business Insights, titled “Cosmetics Market Size, Share & Industry Analysis, By Category (Hair Care, Skin Care, Makeup, and Others), By Gender (Men and Women), By Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets, Online Channels, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 297.61 billion in 2018 and will exhibit a CAGR of 5.1% during the forecast period.Cosmetics are products that are used to enhance the aesthetics and visual appearance of the body.
The emphasis on the use of skin-friendly products has come as a welcome opportunity to stand out in the fragmented cosmetics market.
An Overview of the Impact of COVID-19 on this Market:The emergence of COVID-19 has brought the world to a standstill.
We understand that this health crisis has brought an unprecedented impact on businesses across industries.
The global construction chemicals market size is projected to reach USD 70.91 billion by the end of 2026.
According to a report by Fortune Business Insights, titled “Construction Chemicals Market Size, Share & Industry Analysis, By Type (Admixtures, Flooring, Waterproofing, Repair & Rehabilitation, and Others), By Application (Residential, and Non-Residential), and Regional Forecast, 2019-2026,” the market was worth USD 42.32 billion in 22018 and will exhibit a CAGR of 6.7% during the forecast period, 2019-2026.Construction chemicals are used as additives in cement and other construction material.
The high investment in the research and development of newer products will have a positive impact on the growth of the market in the coming years.
The presence of several large-scale companies will have a huge impact on the growth of the market in the foreseeable future.
Among all factors, the variations in product offerings will have a huge impact on the growth of the market.
Several large-scale companies are looking to offer newer variations in these products with a bid to establishing a stronghold in the market.
