Consumer and Retail

Format: 2016-12-09
Format: 2016-12-09
December 06, 2016 | 62 Pages | SKU: IRTNTR11026

Overview of the global electronic shelf labels (ESL) market

Technavio’s market research analyst predicts the global electronic shelf labels (ESL) market to grow at a CAGR of 14% during the forecast period.  ESL systems in retail stores reduce the labor expenses significantly and aid in increasing the retailer's profit margin. These labels eliminate the requirement for staff to manually change pricing labels on store shelves as the product pricing on all ESL modules can be automatically updated. ESL systems have brought about significant changes to stores and have helped enhance the overall management process. ESLs have emerged as an alternative to the labor-intensive processes in retail stores and have also limited the need to print, sort, or replace paper labels during price changes, enabling labor and operational savings in stores. ESLs allow retailers to have complete control over price adjustments and ensure that the in-store prices always match the back-end database and the price at the checkout. ESLs not only increase accuracy and enhance customer satisfaction and loyalty but also reduce delays or queries about product pricing and loss of profits associated with human errors.

In terms of geographical segmentation, EMEA dominated the global ESL market in 2016 and will continue to maintain the lead during the forecast period. Much of the region’s growth can be attributed to the growth of hypermarkets such as Carrefour, Metro, and Tesco. The market is expected to witness massive demand for ESLs from retailers because ESL minimizes labor costs and augments the accuracy of price labeling. Moreover, product innovations such as NFC labels have prompted the replacement of the installed base and are attracting new customers, which is further fueling the demand


December 02, 2016 | 89 Pages | SKU: IRTNTR10997

Overview of the global residential air purifier market

Technavio’s market research analyst predicts the global residential air purifier market to grow at a CAGR of around 6% between 2016 and 2020.  The rising demand for energy-efficient air purifiers from consumers is a key factor responsible for the growth of this market. Several vendors are developing energy-efficient air purifiers that consume less power than conventional air purifiers as it helps save energy costs and reduce carbon footprint. The global residential air purifier market is undergoing several advances in technology, and the trend is anticipated to continue during the forecast period. Some of the popular residential air purifiers with HEPA air filtration technology include Blueair HEPASilent Air Purifier and Blueair Classic 505 HEPASilent Air Purifier, Honeywell True HEPA Tower Allergen Remover and Sharp Plasmacluster Ion Air Purifier with True HEPA Filtration. Also, the vendors are coming up with advanced materials to enhance the efficiency of air purifiers.

Geographically, North America dominated the global market and accounted for the largest market share in 2015. Much of the region’s growth can be attributed to various innovations in air purifiers using the HEPA filtration technology. The increased consumption of residential air purifiers, equipped with HPEA filtration technology to remove pollutants from the air inside the home and eliminate smoke, pollens, dust, and pet dander are driving the market in North America. Moreover, the growing importance of healthier indoor air quality, encouraged by the US EPA, and the green-building movement are further fueling the demand for air purifiers in homes across the region.

Competitive landscape and key vendors

The global residential air purifier market is fragmented with the presence of both regional and international vendors. Honeywell,


November 28, 2016 | 60 Pages | SKU: IRTNTR10946

Market overview of exfoliators and scrubs

Technavio’s market research analyst predicts the global exfoliators and scrubs market to grow at a CAGR of almost 5% during the forecast period. One of the latest developments in this market is the growing demand for skin lightening exfoliators and scrubs, which address concerns like skin pigmentation, discoloration, acne marks, and age spots. The maximum demand for such exfoliators and scrubs comes from the APAC region to reverse sun damage and the need for younger-looking skin. Vendors in the market are also launching exfoliators and scrubs with anti-aging properties, which not only reduce fine lines, wrinkles, and black spots but also enhance skin texture and hydrate the skin by increasing the skin oxidation levels. Manufacturers are also developing exfoliators and scrubs, which can serve multiple functions like two in one mask and scrub. These combined products offer a quick solution to all the skin care requirements of the customer. The growing interest towards body polishing exfoliators and scrubs is another major development gaining traction in this market. Heathcote & Ivory Gardeners Scrub and Smooth Footcare Kit, Marks & Spencer's Apothecary Elderflower & Rhubarb Body Scrub, and H&M Beauty Intuition Body Scrub some of the most popular body exfoliators and scrubs.

In terms of geography, APAC will be the fastest-growing region in the market and will account for the largest market share throughout the forecast period. The rising demand for personal grooming products among male and female consumers will be the major driving force for the exfoliators and scrubs market in the APAC region. The rise in demand for skin lightening exfoliators and scrubs is an emerging trend in the region. Also, consumers are shifting towards natural and herbal


November 28, 2016 | 123 Pages | SKU: IRTNTR10944

Overview of the global cosmeceuticals market

Technavio’s market research analyst predicts the global cosmeceuticals market to grow at a CAGR of almost 6% during the forecast period.  Research innovations with the help of advances in technologies like nanotechnology, plant stem cell technology, and the emergence of new active ingredients are significantly aiding in the growth of the global cosmeceuticals market. With the health and wellness trend gaining traction across the globe, several BPC vendors are coming up with cosmeceutical products that are integrated with medicinal and therapeutic solutions. They are using new ingredients such as peptides and extracts from plant stems for the manufacture of topical skincare products. Marine ingredients are also trending in the cosmeceuticals space. Manufacturers are also highlighting the specific pharmaceutical ingredients and clinically proven facts for the products, which will help in the market's growth during the forecast period. With the rising preference for physician-recommended products and organic cosmeceuticals, the market will witness massive growth in the coming years.

During 2015, the Americas dominated the global cosmeceuticals market and occupied the largest market share. At present, the region is witnessing an increased adoption of cosmeceutical products, specifically in the premium category, due to the growing consumer awareness about the benefits of these products. The US is the key revenue generator in the Americas owing to the high sales of anti-aging, facial serums, face oils, and skin lightening products. The growing demand for natural and organic cosmetics and rapid development in the organized retail sector will have a positive impact on the cosmeceuticals market in the Americas in the


November 24, 2016 | 69 Pages | SKU: IRTNTR10906

Overview of the global anti-aging products market

The global anti-aging products market is anticipated to grow at a steady rate and will post a CAGR of more than 5% during the forecast period. Increasing advancements in anti-aging products and their improved efficiency will drive the growth prospects for the global anti-aging products market during the forecast period. Continual advancements in the technology have resulted in the launch of improved, advanced, and more value-added anti-aging products in the market. In addition, the consumers seek products, which hydrates the skin and contain antioxidants. Furthermore, various competitors across the globe are adding advanced ingredients in their products to satisfy different consumers of various geographies and counteract the signs of skin aging. Various popular ingredients such as Q10, antioxidants, magnolia, creatine, hyaluronan, and arctiin are added to develop an efficient anti-wrinkle products. The ingredients that are present in an anti-aging cream help in accumulating the moisture, destroying free radicals, and fill in small wrinkles.

In terms of geography, the Americas accounted for the maximum market share during 2015 and will continue to dominate the market until the end of 2020. One of the major factors responsible for the market’s growth is the huge presence of aging population in the region. Some of the other key factors that contribute growth to the market are a sedentary lifestyle, high health-and-beauty awareness, availability of a large number of skin care brands, a high urbanization rate, and an increased number of innovative products in the market.

Competitive landscape and key vendors

The market is highly fragmented due to the presence of multiple well-established vendors, who offer a wide range of products targeted at various categories of consumers. Also, the market competitors are increasingly


November 15, 2016 | 66 Pages | SKU: IRTNTR10807

Market overview of the residential water treatment equipment

Technavio’s market research analyst predicts the global residential water treatment equipment market to grow at a CAGR of close to 16% between 2016 and 2020.  Wastewater treatment is gaining importance owing to the shrinking water resources globally, where more municipalities are considering it a viable alternative to address water scarcity problems. The rapidly surging industrial and environmental pollution across the globe is fueling the requirement for water treatment equipment, coupled with the increased awareness about drinking water quality and health. In several developing countries, over 70% of the industrial waste is discharged without treatment, which contaminates the existing water supplies. Moreover, with the growing threat of groundwater depletion, residents are procuring water from water suppliers; however, are wary about the quality of water supplied and tend to use water treatment equipment, such as POU or POE, as a treatment strategy to ensure safe drinking water. The rising concerns over waterborne diseases and other risks and detrimental effects of hard water will lead to further growth of the residential water treatment equipment market by 2020.

Several voluntary national standards across various countries such as NSF/ANSI in the UShave launched lowest requirements for the performance and safety of products that are used to treat residential drinking water and issue standard certifications to manufacturers. For instance, General Electric's GXWH04F Standard Flow Whole House Filtration System is NSF/ANSI certified to decrease silt, dirt, rust, and sand in the water. These certifications aid manufacturers gain consumer confidence and increase their brand value. Moreover, contemporary water treatment equipment like water


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