Consumer Services and Personal Care
Overview of the shaving lotions and creams market
Technavio’s research analyst predicts the global shaving lotions and creams market to grow steadily at a CAGR of 7% during the forecast period. The increasing awareness about male grooming is driving the growth of this market. Men are becoming more fashion conscious and trying new innovative shaving products available in the market. For instance, the third Friday of August every year is celebrated as the National Men's Grooming Day, encouraging men to enhance their grooming habits.
The emergence of organic and natural ingredient based products is also anticipated to fuel the market growth during the forecast period. Regular usage of chemical based shaving products may lead to some side-effects such as acne, redness to the skin and other skin-related irritations. sConsumers have become aware that ingredients like triethanolamine, palmitic acid, isopentane, glycols, sulfates, polytetrafluoroethylene and butylated hydroxytoluene are harmful to skin. This awareness has led the consumers to look for products with natural and organic ingredients that are safer on the skin. s
Product segmentation and analysis of the shaving lotions and creams market
The pre-shave segment dominated the market during 2014, with a market share of 62%. The report predicts this segment to retain its leadership until the end of 2019. This segment includes shaving creams, soaps, foams, gels, and oils. The rising awareness about male grooming and the growing corporate culture are driving the growth of this segment.
Segmentation by distribution channel and analysis of the shaving lotions and creams market
Market outlook of the global perfumes and fragrances market
The global fragrances and perfumes market is expected to grow at a CAGR of around 2% by 2019. The rise in demand from emerging markets, such as APAC, Latin America, and Eastern Europe, and increased online sales of fragrances and perfumes are predicted to bolster the prospects for growth in this market during the forecast period.
Technavio’s market research analyst has estimated eminent factors, such as the recent rise in e-retail of fragrances and perfumes, to drive market growth during the forecast period. Recently, it has been observed that individuals prefer to shop online as it helps to save time and is more convenient. This trend of online shopping is envisaged to bolster market growth as it helps vendors to augment sales and spread brand awareness.
Segmentation by product and analysis of the fragrances and perfumes market
The premium segment currently dominates the global fragrances and perfumes market and is anticipated to maintain its dominance over the market by the end of 2019. Factors like the rising disposable income of the populace and a rise in the availability of all brands through online channels are examples of some growth-promoting factors in this segment.
Geographical segmentation of the fragrances and perfumes market
- North America
Technavio market research analysts estimate the North American region to dominate the global market for perfumes and fragrances by the end of 2019. Factors like the improving economy, the rise in the sales of premium brands, and the launch of new products
About flavors and fragrances
Flavors and fragrances are a class of compounds comprising esters, alcohol, acids, lactones, aldehydes, and ketones. These are derived from natural and synthetic sources, and are used to enhance the appeal of consumer products, and food and beverages. The flavors and fragrances market in Latin America consists of flavor blends, fragrance blends, essential oils, and aromatic chemicals. The formulations of flavors and fragrances involve mixing and blending of different ingredients.
Technavio's analysts forecast the flavors and fragrances market in Latin America to grow at a CAGR of 5.92% over the period 2014-2019.
Covered in this report
This report covers the present market conditions and the growth prospects of the flavors and fragrances market in Latin America for the period 2015-2019. The report talks about the various leading vendors of flavors and fragrances. It also highlights the vendor landscape and a corresponding detailed analysis of the top seven vendors in the flavors and fragrances market.
The market segmentation is done on the basis of following:
In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Technavio's report, Flavors and Fragrances Market in Latin America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
Other prominent vendors
About Personal Accessories Market
This report on the global personal accessories market is structured keeping in mind the jewelry, bags, watches, and writing and marking instruments market. The personal accessories market is considered to be a very niche market, which is slowly making its mark on the global forum. India, US, and China are the largest jewelry markets. The bags and watches markets are expected to grow due to innovation and technological advancements while the writing and marking instruments market is expected to grow due to an increase in literacy levels.
The global personal accessories market is expected to grow at a CAGR of 9.01% for the forecast period of 2014-2019.
Covered in this Report
This market discusses the current as well as forecasts the future prospects of the global personal accessories market for the period of 2015-2019. The market size is calculated taking into consideration the retail sales of the following product segments:
• Jewelry (fine jewelry and fashion jewelry)
• Bags (handbags, luggage, backpacks, cross body bags, wallets, purses and pouches, business bags, duffle bags, business bags and small bags)
• Writing instruments
The reports also includes calculations regarding the present and future prospects of the following geographies:
Technavio's report, the Global Personal Accessories Market 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. The report includes a comprehensive discussion on the market, segmented by geography, considering both the existing market landscape and its growth prospects in the coming years. The report further includes a discussion of the key vendors and a comment on the vendors’ product portfolios.
Landscape of the hair conditioner market
The hair conditioner market has many large vendors offering different types of conditioners. The market is highly competitive with vendor’s competing on the basis of product differentiation, portfolio, and pricing. Vendors are expanding their business by penetrating into newer markets in Africa and APAC.
Over the last few years, growth in the hair conditioner market has been encouraging, thus prompting new entrants to gain a foothold in niche segments. In an attempt to increase their market outreach, vendors are investing heavily in web branding and initiatives. For instance, Tresemme launched an application called Hair Profiler on their website, which recommends products based on a customer’s hair type. With increasing marketing initiatives, the hair conditioner market is expected to reach a market size of over $14 billion until 2019.
Key vendors in the hair conditioner market
Five leading players dominate the hair conditioner market: -
Local vendors, especially in APAC and Africa, are very competitive in terms of new product launches and innovations. These vendors have better understanding of customer preferences and have developed a loyal customer base over the years. High prices and local brand loyalty is some concerning issues that large vendors are looking to overcome in this market.
Other prominent vendors in the market include Alfapar, Avon, Chatters, Colgate, Combe, Farouk Systems, hairjamm, J&J, John Paul Mitchell, Kevin Murphy, La Biosthetique, Macadadamia, Natural oil, Milbon, Moroccanoil, Revlon, Shiseido, Tony & Guy, Unicosmetic, Vogue, and World Hair
Key trends impacting the eyewear market
The leading vendors in the market are developing colored contact lenses with features such as teardrop effect and lenses that can project up to three different shades of color. Particularly, the launch of contact lenses that can make the consumer’s eyes look bigger and shinier has attracted a lot of attention.
To increase sales and expand their customer outreach, vendors across the globe are increasing their online footprint to a considerable extent. The leading vendors provide online assistance for purchasing contact lenses, vision care products, and surgical products. The increasing use of online marketing tool is a key trend that is positively impacting the market to help it post a CAGR of over 7% in the next four years.
Segmentation of the eyewear market by type
- Contact lenses
- Sun glasses
In terms of revenue, the spectacle segment, both frames and lenses included, dominated the eyewear market in 2014. The eyewear market will exhibit positive growth in all the three segments, but the shares of spectacles and sunglasses are expected to decrease slightly. Early entry of children in the eyewear segment, aging population, and increased instances of eye disorders are some of the factors inducing growth in the market.
Competitive vendor landscape of the eyewear market
The global eyewear market is experiencing increased competition in terms of multiple brands and new product launches. Although there are few vendors present in the market that exhibit wide brand portfolios, there are many retailers who sell private labels and counterfeits. To counter such practices, vendors in the eyewear
The major driving factor for the global personal care market is greater disposable income, which has enabled consumers to spend more than ever on products in this market.
Technavio’s consumer data and market analysis advances your knowledge of the industry and its competitive environment and provides insights into different consumer services such as salons and spas, home care services, nursing homes, personal care aides, and elderly care services.