Online Clothing Market Value USD $1856 Opportunity in Global Industry 2023, unveiled by a report | Allied Research Report

 According to a new report published Lending by Allied Market Research, titled, Global Online Clothing Rental Market by End User and Clothes Style: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global online clothing rental market was valued at $1,013 million in 2017, and is estimated to reach $ 1,856 million by 2023, registering a CAGR of 10.6% from 2017 to 2023. In 2017, number of women online clothing rental and ethnic wear segments dominated the global market share. While, men end user segment and western clothing style segments are anticipated to grow at a robust rate in terms of market share.

Key Companies Profiled:

• Bag Borrow Steal (U.S.)
• Dress & Go (Brazil)
• Glam Corner Pty Ltd (Australia)
• Gwynnie Bee (U.S.)
• Le Tote (U.S.)
• Lending Luxury (U.S.)
• Rent the Runway (U.S.)
• Secoo Holdings Limited (China)
• Secret Wardrobe (India)
• and Share Wardrobe (India)

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North America is the market leaders and accounted for 40% share of the global market in 2017, followed by Europe in geographical segment. In addition,

Asia-Pacific is estimated to grow at the highest CAGR as projected to be 11.4% during the forecast period. The market is increasing in developing economies of Asia-Pacific mainly because of the need of an economical alternative to direct purchasing each time, gradual increase in social acceptance of rental clothes, and overall increase in sales in online clothing industry. Fashion-conscious individuals that lacks the financial resources to purchase the clothing of their choice are expected to make most use of online clothing rental services. Rental services are proved to be a cost-effective option for these end users especially women, who are also thriving on the growth showed in the global online clothing rental market.

The primary driver of the global online clothing rental market is the increase in ease of use of online retail. Moreover, rapid advancement observed in internet penetration, growing popularity of online shopping portals over the last decade as boost the market. The advancement in mobile internet technology has further driven the demand for online rental by making the process even more convenient. Furthermore, increased e-commerce market within Asia-Pacific also aid the high market growth rate. E-commerce channels are expected to gain popularity in online rental market in the near future with some restraints such as unregulated market, specific rental policies, less social acceptance and knowledge of the platforms among population.

Key Findings of the Online Clothing Rental Market

• North America leads the online clothing rental market, followed by the Asia-Pacific region.
• Asia-Pacific which is still in its latent phase of adopting the rental clothing trend, is expected to grow at highest CAGR of 11.4% mainly led by India and China.
• Women end user segment accounts for the highest market share accounting for nearly 58%, however, the men end user segment is projected to witness highest demand during the forecast period
• Overall, the Ethnic wear segment possess higher market share and is expected to witness a considerable growth, owing to their frequent use in festivals, higher cost of rental, and greater maintenance costs.

North America is expected to contribute significantly towards online clothing rental market, due to the increase in fashion consciousness and huge adoption of No Ownership trend towards clothes. It dis anticipated to dominate the market throughout the analysis period. However, Asia-Pacific is expected to witness the highest growth rate, owing to the presence of emerging countries, such as China.

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Swimwear Market Size Expected to Reach $28,148 Million by 2024 | CAGR to be valued at 6.2%

 According to a new report published by Allied Market Research, titled, Swimwear Market by Fabric, Distribution Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2024 the global swimwear market was valued at $18,454 million in 2017, and is projected to reach $28,148 million by 2024, registering a CAGR of 6.2% from 2018 to 2024. In 2017, the swimwear market for woman accounted for more than two-thirds share of the global market in terms of value.

Swimwear is a type of clothing or costume designed to be worn by people engaged in swimming, water sports, swimming, surfing, water skiing, or even sunbathing. Different styles of modern swimsuits are available. These vary according to body coverage and materials. Different fabrics used for making swimwear include polyester, nylon, spandex, and other blended fabrics, which gives it the required stretch and makes it capable of withstanding sun, chlorine, and salt water.

Global Key Players:

In terms of value, Asia-Pacific and LAMEA collectively contributed more than 30% share in the global market in 2017. The key players operating in swimwear industry are Haddow Group Plc, Nike Inc., Boardriders, Inc., Arena Italia S.p.A., Swimwear Anywhere, Inc., Adidas AG, Dick's Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (PVH Corp.), and Perry Ellis International Inc.

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Swimming is consider as a healthy and low-impact activity that has many physical and mental health benefits such as alleviating stress, building endurance, muscle strength, and cardiovascular fitness. It also helps maintain a healthy weight, healthy heart, and healthy lungs. Swimming is a great recreational activity for people of all ages. Growth in interest of consumer in swimming as recreational & fitness activity supports the growth of the global swimwear industry.

The growth of the global swimwear market is primarily driven by product innovation. The changes in fashion trends and increase in disposable income of consumer results in the increased purchase of modern and designer swimsuit, especially multifunctional one-piece and cover-ups, which are also perceived as a fashion statement, thus propelling the growth of the swimwear market. In addition, factors such as growth in demand for luxury swimwear by women, increase in family vacations along beach side, and high penetration of ecommerce platforms also boost the growth of the swimwear market. However, price volatility of raw materials such as polyester, nylon, polypropylene, spandex, neoprene, & other fibers and cost of designing swimwear having desired texture, design, look, and other fashion attributes affects the swimwear market size to a greater extent. In addition, to cater to the fluctuating demand for different designs and innovative swimwear, heavy inflow of investment for the R&D is required, which also hampers the growth of the swimwear market.

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Use of fabrics with features such as high thermal insulation, enhanced flexibility, adequate surface friction, and lightweight nature such as neoprene has increased the production of wetsuits and swimsuits. Incorporation of such advanced fibers to develop fabrics for swimwear is expected to provide lucrative opportunities for the swimwear market. In addition, factors such as introduction of multifunctional cover-up swimwear and beachwear coupled with expansion in product line and innovations in men's swimwear also provide great opportunities for the swimwear market in the upcoming years.

Key Findings of the Swimwear Market:

By end user, the woman swimwear segment was the highest contributor to the market in 2017, and is projected to grow at a CAGR of 6.4%.
By fabric, the polyester segment is expected to grow at the highest CAGR of 6.5% from 2018 to 2024.
By region, Asia-Pacific accounted for one-fifth of the share in the global swimwear market in 2017 and is projected to grow at a significant CAGR of 8.4%.
In 2017, China accounted for the highest swimwear market share accounting approximately for 31.51% in Asia-Pacific.

Face Mask Market Will Land $9,052.1 Million | 3M Company, Honeywell, Prestige

 According to a new report published by Allied Market Research, titled, Face Mask Market by Type, Material, Nature, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global face mask market size was valued at $6,792.0 million in 2019, and is estimated to reach $9,052.1 million by 2027 with a CAGR of -11.1% from 2021 to 2027. Increase in consumer awareness regarding airborne health infections such as COVID19, influenza, chickenpox, mumps, measles, tuberculosis (TB), diphtheria, and others creates the demand for the face mask products.

The global face mask market is expected to witness significant growth owing to increase in outbreak of respiratory infection based pandemic diseases like H1N1 and COVID19. These have fueled the demand for face mask among frontline health workers like first responders, nurses, and medical practitioners. In addition, increase in production of face mask by the multinational companies like Honeywell International and Under Armor further fuel the growth of the market. Moreover, rise in trend of online sale of face mask products is anticipated to boost the overall revenue of the industry 

In addition, increase in government initiatives along with various communities and NGOs to make people aware about the airborne diseases through online and offline advertisements augment the growth of face mask market. Moreover, the government has also released guidelines in which they have mentioned the precautions needed during the airborne diseases so that people can protect themselves from the infectious viruses. Furthermore, digital marketing promotions by manufacturers create awareness about the quality of masks and their ability to slow down spread of airborne viruses. Hence the awareness about such infections boosts the growth of the market.

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Top Key Players:

• 3M Company
• Honeywell
• Kimberly-Clark Corporation
• Prestige
• Ameritech
• Alpha
• ProTech
• Shanghai Dasheng Health Products
• Moldex-Metric Inc.
• The Gerson Company
• Cardinal Health

Moreover, the athletic wear company Under Armor has come up with an innovative new surgical mask, which is made up of a single piece of fabric and it does not require sewing. Owing to this innovative idea, face mask can be produced rapidly in large quantities to meet the requirements of medical workers, who are on the front lines of the COVID19 crisis.

In addition, Under Armor is producing face mask at a pace of 1 lakh a week to fill this demand and supply gap, which occurred due to COVID19, and hence results in augmenting the growth of the face mask market. However, according to environmental groups, discarded single-use face masks, which are used to prevent the spread of COVID19 are expected to harm the environment.

Moreover, marine life can suffer hazardously owing to this face mask as it contains polypropylene and marine mammals mistaking them with edibles as they do with other trash. In addition, disposal of these face masks near the sea or ocean is intensifying the pollution, which is affecting the marine life. Thus, improper disposing of face mask is anticipated to hamper the growth of the face mask market.

Globally, millions of people are suffering from pandemic diseases such as COVID19 and H1N1 infectious viruses owing to which millions of people have already died. Moreover, social distancing and use of face mask is only the way to keep people away from infectious virus like COVID19. Health regulatory authorities have recommended the use of N95 respirators to be limited to healthcare workers, however, number of individuals are also buying these masks to diminish the risk of getting COVID19 infection and preventing its transmission across the globe. Furthermore, the U.S., government has ordered Honeywell International to expand its production of N95 masks in the U.S., so that masks are available for general public also. 

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Key Findings Of The Study

• By type, the dust mask segment dominated the global face mask market in 2019, and is expected to retain its dominance throughout the forecast period.
• By material, the polypropylene segment accounted for highest share in the face mask market growth in 2019, and is projected to grow at a CAGR of-10.8% from 2021 to 2027.
• By nature, the reusable segment led the global face mask market demand in 2019, and is expected to retain its dominance throughout the forecast period.
• By distribution channel, the direct distribution segment was the major shareholder in 2019, and is projected to register a CAGR of -2.1% from 2021 to 2027. 
• By region, Asia-Pacific accounted for highest face mask market share in 2019, and is expected to grow at a CAGR of -11.3%.

Online Clothing Market | Gwynnie Bee, Le Tote, Luxury, Bag Borrow Steal

 According to a new report published Lending by Allied Market Research, titled, Online Clothing Rental Market by End User and Clothes Style: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global online clothing rental market was valued at $1,013 million in 2017, and is estimated to reach $ 1,856 million by 2023, registering a CAGR of 10.6% from 2017 to 2023. In 2017, number of women online clothing rental and ethnic wear segments dominated the global market share. While, men end user segment and western clothing style segments are anticipated to grow at a robust rate in terms of market share.

North America is the market leaders and accounted for 40% share of the global market in 2017, followed by Europe in geographical segment. In addition,

Asia-Pacific is estimated to grow at the highest CAGR as projected to be 11.4% during the forecast period. The market is increasing in developing economies of Asia-Pacific mainly because of the need of an economical alternative to direct purchasing each time, gradual increase in social acceptance of rental clothes, and overall increase in sales in online clothing industry. Fashion-conscious individuals that lacks the financial resources to purchase the clothing of their choice are expected to make most use of online clothing rental services. Rental services are proved to be a cost-effective option for these end users especially women, who are also thriving on the growth showed in the global online clothing rental market.

Key Companies Profiled:

• Bag Borrow Steal (U.S.)
• Dress & Go (Brazil)
• Glam Corner Pty Ltd (Australia)
• Gwynnie Bee (U.S.)
• Le Tote (U.S.)
• Lending Luxury (U.S.)
• Rent the Runway (U.S.)
• Secoo Holdings Limited (China)
• Secret Wardrobe (India)
• and Share Wardrobe (India)

Get Sample Copy of the Report: 

https://www.alliedmarketresearch.com/request-sample/2069 

Key Findings of the Online Clothing Rental Market

• North America leads the online clothing rental market, followed by the Asia-Pacific region.
• Asia-Pacific which is still in its latent phase of adopting the rental clothing trend, is expected to grow at highest CAGR of 11.4% mainly led by India and China.
• Women end user segment accounts for the highest market share accounting for nearly 58%, however, the men end user segment is projected to witness highest demand during the forecast period
• Overall, the Ethnic wear segment possess higher market share and is expected to witness a considerable growth, owing to their frequent use in festivals, higher cost of rental, and greater maintenance costs.

North America is expected to contribute significantly towards online clothing rental market, due to the increase in fashion consciousness and huge adoption of No Ownership trend towards clothes. It dis anticipated to dominate the market throughout the analysis period. However, Asia-Pacific is expected to witness the highest growth rate, owing to the presence of emerging countries, such as China.

Hiking Gear & Equipment Market Share USD 610.1 Million by 2026 | Allied Research

 According to a new report published by Allied Market Research, titled, "Hiking Gear & Equipment Market by Product Type, Customer Profile, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019–2026," The hiking gear & equipment market size was valued at $20,652.6 million in 2018, and is projected to reach $28,789.7 million by 2026, registering a CAGR of 4.2% from 2019 to 2026. The gear and equipment segment was the highest contributor to the market, with $8,772.0 million in 2018, and is estimated to reach $12,081.1 million by 2026, at a CAGR of 4.0% during the forecast period. 

Hiking is an activity that involves long distance walks, done primarily for pleasure or exercise. The equipment used in this activity includes bags, clothing, footwear, tools such as gear repair, knives, or emergency equipment such as first aid and lighter. Hiking is one of the most preferred outdoor activity after cycling and jogging and is expected to become popular with the growing adoption of outdoor sports worldwide

Key Players:

The players in the hiking gear & equipment industry have adopted product launch as their key development strategy to increase profitability, and to improve their stance in the hiking gear & equipment market share. The key players profiled in the report includes The North Face, Marmont, Mountain, Black Diamond, Arc'teryx, Marmot, Mountain Hardwear, Kelty, MontBell, AMG Group and Big Agnes

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The hiking gear & equipment market is primarily driven by the popularity of outdoor activities among people all around the world. The hiking gear & equipment market growth is largely influenced by travel and recreation industry and rise in these sectors directly affect the use of these equipment. Furthermore, increased investment by professional hikers and video loggers on quality gear and equipment also drives the market growth. However, the potential risk to human life by uncertain conditions in hiking act as the major restraint for the market. On the contrary, increase in influence of social media and video logging is expected to provide opportunities for growth for the hiking gear & equipment

The hiking gear & equipment market is segmented on the basis of product type, consumer profile, distribution channel and region. The product type segment is further classified into gear & equipment, apparel, footwear, and others. By customer profile, the market is classified into men, women and kids. By region, the market is categorized into North America, Europe, Asia-Pacific, and LAMEA.

According to the hiking gear & equipment market analysis by product type, the gear & equipment segment was the most prominent category in 2018 and is expected to remain dominant during the forecast period. However, the apparel segment is expected to grow at a higher CAGR through the forecast period.

According to the hiking gear & equipment market forecast based on customer profile, the men segment was the highest contributor to the global market in 2018 and is expected to remain dominant through 2019-2026. However, the women segment is expected to grow at a higher growth rate through the forecast period

By region, North America was the most prominent market in 2018 and is expected to dominate the hiking gear & equipment market through 2019-2026. The key players in the industry have adopted product launch as their key strategy to stay competitive in the market. 

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Key Findings of the Study:

• The hiking gear & equipment market was valued at $20,652.6 million in 2018 and is estimated to reach $28,789.7 million by 2026, growing at a CAGR of 4.2% through the forecast period.
• Based on product type, the gear & equipment segment is expected to witness the fastest growth, registering a CAGR of 4.0% during the forecast period.
• By customer profile, the men segment held the highest share in 2018, accounting for nearly half of the global market share.
• By distribution channel, the online segment was the most prominent market in 2018 and is expected to grow at a significant CAGR throughout the forecast period.
• U.S. was the dominant country in 2018, accounting for a considerable share in the global market.

Cruise Market is expected to witness Significant Growth with Future Business Opportunities 2022-2029

 A cruise ship is a passenger ship where the trip and ship amenities itself are a part of a luxurious experience. Generally, the length of the cruise ship is 1,187 feet, the tonnage for a passenger cruise is 225,300 tons, and max crew-passenger capacity of almost 8,500. The worlds largest cruise ship is Royal Caribbean Internationals harmony of the seas, which was launched in 2016 that has a gross tonnage of 226,963 and length of about 1,188.1 ft with a passenger capacity of 6,780. Cruising has led to an increase in the tourism industry.

Top Key Players:

• Hyundai Heavy Industry Co. Ltd.
• Dsme Co. Ltd
• Samsung Heavy Industries Co. Ltd.
• Meyer Werft Gmbh & Co. Kg
• Fincantieri S.P.A.
• Mitsubishi Heavy Industry. Ltd.
• Oshima Shipbuilding Co. Ltd.
• MV WERFTEN Wismar GmbH
• China State Shipbuilding Corporation

The key factors that drive the growth of the market are the rise in tourism & hospitality industry due to a rise in economy and high disposable income. However, the high costs associated with cruises and clean sailing through strict regulations act as restraints for the market growth. Irrespective of these challenges, the increasing demand for river cruises continues to boost the market growth in future.

The market segmentation is based on type. By type the market is divided into adventure cruises, Christmas cruises, classic cruises, contemporary cruise, family cruises, LGBT cruises, luxury cruises, ultra-luxury cruises, and river cruises. Geographically, it has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Benefits

• This report provides an extensive analysis of the current & emerging market trends and dynamics in the cruise market report.
• In-depth analysis has been carried out by constructing market estimations for key market segments between 2017 and 2023.
• The report provides a quantitative analysis of the current trends and future estimations from 2017 to 2023, which helps identify prevailing market opportunities.
• Competitive intelligence of the industry helps understand the competitive scenario across geographies.

Cruise Market Key Segments:

By Type

Adventure cruises

• Christmas cruises
• Classic cruises
• Contemporary cruise
• Family cruise
• LGBT cruise
• Luxury cruises
• Ultra-luxury cruises
• River cruises

By Region:

• North America (U.S., Canada, Mexico)
• Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
• LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)

Home Fragrance Market Size valued at $9.1 Billion | CAGR rate 6.3% 2019-2026 Forecast Period

 According to a new report published by Allied Market Research, titled, “Home Fragrance Market Size by Product and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global home fragrance market size was valued at $5.6 billion in 2018 and is projected to reach $9.1 Billion by 2026, registering a CAGR of 6.3% from 2019 to 2026.

Global Leaders:

The key players operating in the home fragrance industry Procter & Gamble, S. C. Johnson & Son, Inc., Voluspa, Newell Brands, NEST Fragrances, LLC, Godrej aer. Bougie et Senteur, Prestige Personal Care, Faultless Brands, and Ripple Fragrances Pvt. Ltd.

Home fragrances facilitate in releasing aroma that helps in eliminating unpleasant odor, thereby creating a soothing environment in homes. Moreover, they aid in minimizing fatigue, relieving stress, and enhancing mood. Some of the most common home fragrances preferred by the consumers include fantasy, floral, fresh & clean fruity, and gourmand. A wide range of home fragrance diffusers are available in the market, including electric diffusers, essential oil diffusers, aromatic candles, specialty incense sticks, sprays, and others. Thus extended product offering facilitated by key manufacturers is one of the key factors in driving the demand for home fragrance market. In addition, the expansion of distribution channels such as online stores, discount stores, supermarkets, hypermarkets, convenience stores, and more has made these home fragrances easily accessible to the consumers. 

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The scented candles segment is anticipated to garner highest home fragrance market share during the forecast period. This is attributed to the fact that consumers use scented candles to enhance the aesthetics of homes and to reinforce health & wellness. Moreover, the availability of innovative designs, color, and sizes of scented candles has driven the sales of scented candles among the consumers. In addition to this, the trend of gifting scented candles as well as customizable aromatic candles on several occasions such as birthdays, house warmings, and dinner parties is expected to boost the growth of the segment during the home fragrance market forecast. 

Upsurge in demand for natural home fragrances is anticipated to boost the growth of home fragrance market in the upcoming years. This is attributable to rise in consumer awareness regarding the ill effects of synthetic home fragrances such as headache, nausea, dizziness, and others.  Moreover, home fragrance manufacturers are now indulged in launching natural and environmental-friendly home fragrances to meet the growing customer demands, which propels the home fragrance market growth. For instance, OPSO brand launched its first natural home fragrance that is produced from natural tree resins, which are environmental friendly, thus creating a natural, cozy, and fresh atmosphere in homes. 

The global home fragrance market analysis is segmented on the basis of product, distribution channel, and region. Depending on product, the home fragrance market is classified into diffusers, sprays, scented candles, and others. By distribution channel, it is fragmented into supermarkets/hypermarkets, online stores, convenience stores, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings of the Home Fragrance Market:

• By product, the scented candle segment accounted for the highest market share in 2018, growing at a CAGR of 5.9% from 2019 to 2026.
• Depending on distribution channel, the supermarket/hypermarket segment occupied the maximum share in home fragrance market in 2018, and is expected to dominate the home fragrance market.
• Region, Europe accounted for about 34.9% in 2018 of the market, and is expected to grow at a CAGR of 5.8%.

Cosmetic Dyes Market Size to rise at USD 610.1 Million by 2026 | CAGR valued of 4.9 %

According to a new report published by Allied Market Research titled, "Cosmetic Dyes Market Size by Type, and Application: Global Opportunity Analysis and Industry Forecast, 2019-2026", the global cosmetic dyes market size was valued at $420.3 million in 2018 and is anticipated to reach $610.1 million by 2026, with a CAGR of 4.9% during the forecast period. The market exhibits an incremental revenue opportunity of $172.3 million from 2019 to 2026.

Global Key Leaders:

The key players operating in cosmetic dyes industry include, Sensient Cosmetic Technologies, Neelikon, Pylam, Dystar, Organic Dyes and Pigments, Clariant, Koel Colours, Goldmann Group, Chromatech, and Kolorjet Chemicals Pvt Ltd. Other key players tracked in the value chain are Aakash Chemicals and Dyestuffs, Arlex Chemi, Red Sun Dye Chem, Alliance Organics, Krishna Industries, Spectra Colors Corporation, Matrix Pharma Chem, Dynemic Products, Vanshi Chemicals, Shivam Exim, Jupiter Dyes, Prashant Group, Sugai Chemical, Hodogaya Chemical, K.G. International among others.

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The growing demand for facial makeup products along with lakes and toners across working professionals is likely to propel the revenue growth of color cosmetic products. Consumers are purchasing inorganic based cosmetic products as the cosmetic product manufactured with inorganic dyes offers more vibrant and consistent coloring effect over organic dyes. These products are also affordable, readily available and easy to use. Currently, majority of cosmetic manufacturing are using inorganic dyes in certain products range including facial makeup, and lipstick. However, these inorganic dyes based cosmetic products prone to shorter life as compared with organic one.

Changing fashion trends, extension of current product line from leading companies, and effective collaboration between manufacturing are driving the growth of cosmetic dyes market. Companies are collaborating with each through agreements and joint ventures to introduce novel products to cater changing market demand. The effective channel strategies and expansion of digital media has significantly increased the overall demand for cosmetic products. This has resulted into increased spending on latest cosmetic products such as nail polishes, eyeliners, lipsticks, among others. The inorganic dyes segment was valued at $247.8 Mn in 2019 and is expected to reach $323.4 Mn by 2026 growing at a CAGR of 3.9% during the forecast period.

The current supplier base from Asia-Pacific region is targeting product capacity expansion to cater increasing market demand for color cosmetic products. European countries would remain predominant in terms of cosmetic dyes market share owing to strong penetration of premium cosmetic products. Moreover, strong penetration of e-commerce distribution network and availability of international brands in the local market have provided revenue growth for overall cosmetic products. Thereby, increasing the overall demand for raw materials used in cosmetic manufacturing including cosmetic dyes. The Facial Makeup application segment was valued at $149.7 Mn in 2019 and is expected to reach $198.4 Mn by 2026 growing at a CAGR of 4.1% during the forecast period.

The Cosmetic Dyes Market is segmented on the basis of type, application and region. By type, cosmetic dyes market is categorized into organic dye and inorganic dye. By application, cosmetic dyes market is divided into facial make up, nail products, eye makeup, lip products and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).

According to Shankar Bhandalkar, Team Lead-Research, Consumer Goods at Allied Market Research, "Consumer base from North America and Europe region is spending on premium and latest cosmetic products. Thus, the demand for advanced and more user friendly color cosmetic is likely boost in near future across North America and Europe region. Asia-Pacific countries like South Korea, Japan, China, ASEAN countries had witnessed a transition in terms of spending on cosmetic products owing to increased awareness for skin friendly cosmetic products."

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Key Finding of The Cosmetic Dyes Market:

The organic dyes segment is expected to grow at a CAGR of 6.0% during the forecast period.

North America is anticipated to dominate the cosmetic dyes market growth, registering a CAGR of 4.7%.

Asia-Pacific is projected to exhibit exponential growth throughout 2026, registering the highest of CAGR 5.0%.

The facial makeup application segment is anticipated to dominate the global cosmetic dyes market analysis, with a CAGR of 4.1% during the cosmetic dyes market forecast period.

The nail products segment is estimated to grow at a CAGR of 6.4% during the forecast period.

Swimwear Market Size Expected to Reach $28,148 Million by 2024 | CAGR to be valued at 6.2%

 According to a new report published by Allied Market Research, titled, Swimwear Market by Fabric, Distribution Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2024 the global swimwear market was valued at $18,454 million in 2017, and is projected to reach $28,148 million by 2024, registering a CAGR of 6.2% from 2018 to 2024. In 2017, the swimwear market for woman accounted for more than two-thirds share of the global market in terms of value.

Swimwear is a type of clothing or costume designed to be worn by people engaged in swimming, water sports, swimming, surfing, water skiing, or even sunbathing. Different styles of modern swimsuits are available. These vary according to body coverage and materials. Different fabrics used for making swimwear include polyester, nylon, spandex, and other blended fabrics, which gives it the required stretch and makes it capable of withstanding sun, chlorine, and salt water

Global Key Players:

In terms of value, Asia-Pacific and LAMEA collectively contributed more than 30% share in the global market in 2017. The key players operating in swimwear industry are Haddow Group Plc, Nike Inc., Boardriders, Inc., Arena Italia S.p.A., Swimwear Anywhere, Inc., Adidas AG, Dick's Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (PVH Corp.), and Perry Ellis International Inc.
 
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Swimming is consider as a healthy and low-impact activity that has many physical and mental health benefits such as alleviating stress, building endurance, muscle strength, and cardiovascular fitness. It also helps maintain a healthy weight, healthy heart, and healthy lungs. Swimming is a great recreational activity for people of all ages. Growth in interest of consumer in swimming as recreational & fitness activity supports the growth of the global swimwear industry.

The growth of the global swimwear market is primarily driven by product innovation. The changes in fashion trends and increase in disposable income of consumer results in the increased purchase of modern and designer swimsuit, especially multifunctional one-piece and cover-ups, which are also perceived as a fashion statement, thus propelling the growth of the swimwear market. In addition, factors such as growth in demand for luxury swimwear by women, increase in family vacations along beach side, and high penetration of ecommerce platforms also boost the growth of the swimwear market. However, price volatility of raw materials such as polyester, nylon, polypropylene, spandex, neoprene, & other fibers and cost of designing swimwear having desired texture, design, look, and other fashion attributes affects the swimwear market size to a greater extent. In addition, to cater to the fluctuating demand for different designs and innovative swimwear, heavy inflow of investment for the R&D is required, which also hampers the growth of the swimwear market.

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Use of fabrics with features such as high thermal insulation, enhanced flexibility, adequate surface friction, and lightweight nature such as neoprene has increased the production of wetsuits and swimsuits. Incorporation of such advanced fibers to develop fabrics for swimwear is expected to provide lucrative opportunities for the swimwear market. In addition, factors such as introduction of multifunctional cover-up swimwear and beachwear coupled with expansion in product line and innovations in men's swimwear also provide great opportunities for the swimwear market in the upcoming years.

Key Findings of the Swimwear Market:

By end user, the woman swimwear segment was the highest contributor to the market in 2017, and is projected to grow at a CAGR of 6.4%.
By fabric, the polyester segment is expected to grow at the highest CAGR of 6.5% from 2018 to 2024.
By region, Asia-Pacific accounted for one-fifth of the share in the global swimwear market in 2017 and is projected to grow at a significant CAGR of 8.4%.
In 2017, China accounted for the highest swimwear market share accounting approximately for 31.51% in Asia-Pacific.

In 2017, by distribution channel, the offline segment generated the highest swimwear market share and is expected to grow at significant CAGR of 6.2%.
By fabric, the polyester and spandex segments collectively accounted for about 65% share of the swimwear market in 2017.

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Portable Air Purifier Market Size is Expected to Reach $13,756.50 Million by 2027—Allied Market Research

 According to a new report published by Allied Market Research, titled, “Portable Air Purifier Market by Type, Technique, and Distribution Channel:  Opportunity Analysis and Industry Forecast, 2020–2027,” the global portable air purifier market size was valued at $8,273.00 million in 2019, and is expected to garner $13,756.50 million by 2027, registering a CAGR of 12.10% from 2020 to 2027. Air purifier is a device, improves the indoor air quality by eliminating pollutants from air. Portable air purifier that are used indoor to purify the air are studied in the report. Air purifier differ in their setup, operating technology, and in the volume of air they clean, all of which influence air cleaner effectiveness. Portable air purifiers are preferably used in indoor environment such as offices, schools, hospitals, and hotel rooms.

Increase in industrialization and rise in consumption of coal for power generation leads to rise in soot and degradation of the indoor air quality that consequently propels the portable air purifier market growth of the portable air purifier market in China. In addition, government and private research institutes are making substantial efforts to identify how air purifiers can be manufactured with advanced filter technologies and with higher efficiency to provide better indoor air quality for consumers. . Moreover, increase in awareness of ill effects of air pollution on humans is anticipated to escalate the portable air purifier market during the forecast period. E-commerce is becoming a popular medium for the purchase of portable air purifier among customers. 

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By type, the dust collectors segment accounted for the highest share, due their easy installation, high purifying competence, and low consumption of dense air. The fume & smoke collectors segment is expected to witness substantial growth with CAGR of 12.50% throughout the forecast period. This is attributed to increase in portable air purifier market demand for air purifiers in household coupled with rise in awareness of ill effect caused due to polluted air. 

On the basis of distribution channel, the supermarkets & hypermarkets segment dominated the portable air purifier market. This is attributed to availability of a broad range of consumer goods under a single roof, ample parking space, and convenient operation timings. Moreover, the staff present in the stores provide demo of the portable air purifiers pertaining to their functions and operation. Thus, presence of store associates for helping customers to choose the right product and provide product knowledge boosts the growth of the segment. Thus, these factors together drive customers to prefer this distribution channel over others for the purchase of consumer goods, including portable air purifier market opportunity.

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Key findings of the study

• Depending on product type, the dust collectors segment was the highest contributor to the portable air purifier market, and is expected to grow at a CAGR of 11.70% from 2020 to 2027.
• By technique, the High efficiency particulate air segment was the highest contributor to the market in terms of value in 2019 and is estimated to grow at a CAGR of 11.30 % from 2020 to 2027.
• On the basis of distribution channel, the online stores segment exhibits highest CAGR of 13.4% from 2020 to 2027.   
• The supermarkets & hypermarkets segment accounted for 31.81% of the total portable air purifier market share in 2019, and is estimated to grow at a CAGR of 11.40%.

In terms of value, Asia-Pacific contributed for the highest market share in 2019. 

Key Players:

The key players profiled in the portable air purifier industry report include Honeywell International Inc., Whirlpool Corporation, Panasonic Corporation, Levoit, Coway, Phillips, Sharp Corporation, Dyson Technology Limited, Austin Air Systems Limited, and Blueair.

Robotic Lawn Mower Market Size Expected to Reach $1,437 Million by 2025

 According to a new report published by Allied Market Research, titled,"Robotic Lawn Mower Market by Range, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global robotic lawn mower market size was valued at $538 million in 2017 and is projected to reach $1,437 million by 2025, registering a CAGR of 12.9% from 2018 to 2025. In 2017, the residential user segment accrued the largest share in the robotic lawn mower market. Growth in this segment is supplemented by convenience that robotic lawn mower market has over the traditional manual lawn mower.

Key Players:

In terms of value, North America and Europe collectively contributed around 76.2% of the robotic lawn mower market share in the global robotic lawn mower market in 2017. The leading players in the global robotic lawn mower industry have focused on product launch and acquisition as their key strategy to gain a significant robotic lawn mower market share. The key players profiled in the report include DEERE & COMPANY, Robert Bosch GmbH, Hitachi, Ltd., Honda Motor Company, Ltd., Husqvarna Group, Zucchetti Centro Sistemi S.p.a., Stiga S.p.A, LG Electronics, The Kobi Company, and MTD Products.

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The disposable income throughout the world has increased especially in emerging nations such as China and India. Chinas per capita income increased by 9% in 2017 as compared to 2016. Whereas, Indias disposable personal income increased approximately by 9.4% in 2017 as compared to 2016. Therefore, this has increased the buying power of people and enabled people to use more products, which in turn is expected to drive the growth of the global robotic lawn mower market size. Moreover, busy lifestyles due to globalization and longer working hours tend to affect the leisure time and household work. Hence, this has encouraged people to find alternative ways to spare more leisure time by reducing or completely eliminating the time required to do household work, which in turn boosts the demand for household automation for daily chores such as cleaning, lawn mowing, and many more. Thus, increasing the demand for robotic lawn mower market globally.

Smartphone penetration throughout the world has increased drastically over the years. According to 2018, (IMF) International Monetary Funds Working Paper, the smartphone is among the highest in the world. The increase in mobile phone penetration has increased the demand for complementary as well as compatible products. Increasing number of smartphones and other mobile devices have led to the development of robotic lawn mower and has aided the adoption and growth of robotic lawn mowers.

The global robotic lawn mower market is classified based on distribution channel into retail, and online. The retail segment dominated the robotic lawn mower market with the largest share in 2017 and is expected to exhibit significant growth during the forecast period. Retail stores of land mowers sell products from small price range to premium range of products. This store provides a wide range of brands to the customer to choose for different applications. It also provides services such as repair to the land mower products. Companies such as SGP Garden Machinery Ltd., STIHL, and McCulloch International are some of the manufacturers that distribute and sells their product through the various retail store.

The specialty store maintains considerable depth in a type of products, which are available at a premium price. In addition, this store provides higher service quality and expert guidance to choose products for a wide range of applications.

Specialty-outdoor equipment is a distributor of STIHL robotic land mowers that offer specialty service. These are the factors that fuel the growth in retail segment of the global robotic lawn mower industry during the forecast period.
Proliferation of new residential and commercial properties in developing countries is expected to propel the demand for landscaping services, which, in turn, is anticipated to fuel the growth of the global robotic lawn mower market. In addition, growth in the retail infrastructure across developing nations would boost the sales of robotic lawn mowers and other lawn mowing equipment especially through hypermarkets, specialty stores, and other channels.

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Key Findings of the Robotic Lawn Mower Market:

• Based on range, the medium-range robotic lawn mower segment accounted for the highest share to the global robotic lawn mower market in 2017 and is projected to grow at a CAGR of 14.5%.
• Based on end user, the residential segment of the global robotic lawn mower market is expected to grow at the highest CAGR of 12.5% from 2018 to 2025.
• Based on region, Asia-Pacific is projected to grow at a CAGR of 17.7% from 2018 to 2025 due to rise in housing activity, which in turn is expected to stimulate the robotic lawn mower market.
• The North America held the largest share of 36% in the global robotic lawn mower market size in 2017 and is expected to grow at a CAGR of 10.8% from 2018 to 2025.
• China is expected to be the fastest growing segment at a CAGR of 19.8% from 2018 to 2025 owing to rise in construction of new residential properties.

Online Clothing Market $1856 Opportunity in Global Industry 2023, unveiled by a report | Allied Research Report

 According to a new report published by Allied Market Research, titled, Online Clothing Rental Market by End User and Clothes Style: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global online clothing rental market was valued at $1,013 million in 2017, and is estimated to reach $ 1,856 million by 2023, registering a CAGR of 10.6% from 2017 to 2023. In 2017, number of women online clothing rental and ethnic wear segments dominated the global market share. While, men end user segment and western clothing style segments are anticipated to grow at a robust rate in terms of market share.

Key Companies Profiled:

• Bag Borrow Steal (U.S.)
  
• Dress & Go (Brazil)
  
• Glam Corner Pty Ltd (Australia)
  
• Gwynnie Bee (U.S.)
  
• Le Tote (U.S.)
  
• Lending Luxury (U.S.)
  
• Rent the Runway (U.S.)
  
• Secoo Holdings Limited (China)
  
• Secret Wardrobe (India)
  
• and Share Wardrobe (India)

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North America is the market leaders and accounted for 40% share of the global market in 2017, followed by Europe in geographical segment. In addition,

Asia-Pacific is estimated to grow at the highest CAGR as projected to be 11.4% during the forecast period. The market is increasing in developing economies of Asia-Pacific mainly because of the need of an economical alternative to direct purchasing each time, gradual increase in social acceptance of rental clothes, and overall increase in sales in online clothing industry. Fashion-conscious individuals that lacks the financial resources to purchase the clothing of their choice are expected to make most use of online clothing rental services. Rental services are proved to be a cost-effective option for these end users especially women, who are also thriving on the growth showed in the global online clothing rental market.

The primary driver of the global online clothing rental market is the increase in ease of use of online retail. Moreover, rapid advancement observed in internet penetration, growing popularity of online shopping portals over the last decade as boost the market. The advancement in mobile internet technology has further driven the demand for online rental by making the process even more convenient. Furthermore, increased e-commerce market within Asia-Pacific also aid the high market growth rate. E-commerce channels are expected to gain popularity in online rental market in the near future with some restraints such as unregulated market, specific rental policies, less social acceptance and knowledge of the platforms among population.

Key Findings of the Online Clothing Rental Market

• North America leads the online clothing rental market, followed by the Asia-Pacific region.
• Asia-Pacific which is still in its latent phase of adopting the rental clothing trend, is expected to grow at highest CAGR of 11.4% mainly led by India and China.
• Women end user segment accounts for the highest market share accounting for nearly 58%, however, the men end user segment is projected to witness highest demand during the forecast period
• Overall, the Ethnic wear segment possess higher market share and is expected to witness a considerable growth, owing to their frequent use in festivals, higher cost of rental, and greater maintenance costs.

North America is expected to contribute significantly towards online clothing rental market, due to the increase in fashion consciousness and huge adoption of No Ownership trend towards clothes. It dis anticipated to dominate the market throughout the analysis period. However, Asia-Pacific is expected to witness the highest growth rate, owing to the presence of emerging countries, such as China.

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Face Mask Market Size is expected to reach $9,052.1million by 2027- Allied Research Exclusive Report

 According to a new report published by Allied Market Research, titled, Face Mask Market by Type, Material, Nature, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global face mask market size was valued at $6,792.0 million in 2019, and is estimated to reach $9,052.1 million by 2027 with a CAGR of -11.1% from 2021 to 2027. Increase in consumer awareness regarding airborne health infections such as COVID19, influenza, chickenpox, mumps, measles, tuberculosis (TB), diphtheria, and others creates the demand for the face mask products.

The global face mask market is expected to witness significant growth owing to increase in outbreak of respiratory infection based pandemic diseases like H1N1 and COVID19. These have fueled the demand for face mask among frontline health workers like first responders, nurses, and medical practitioners. In addition, increase in production of face mask by the multinational companies like Honeywell International and Under Armor further fuel the growth of the market. Moreover, rise in trend of online sale of face mask products is

anticipated to boost the overall revenue of the industry 

In addition, increase in government initiatives along with various communities and NGOs to make people aware about the airborne diseases through online and offline advertisements augment the growth of face mask market. Moreover, the government has also released guidelines in which they have mentioned the precautions needed during the airborne diseases so that people can protect themselves from the infectious viruses. Furthermore, digital marketing promotions by manufacturers create awareness about the quality of masks and their ability to slow down spread of airborne viruses. Hence the awareness about such infections boosts the growth of the market.

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Top Key Players:

• 3M Company
  
• Honeywell
  
• Kimberly-Clark Corporation
  
• Prestige
  
• Ameritech
  
• Alpha
  
• ProTech
  
• Shanghai Dasheng Health Products
  
• Moldex-Metric Inc.
  
• The Gerson Company
  
• Cardinal Health
  

Moreover, the athletic wear company Under Armor has come up with an innovative new surgical mask, which is made up of a single piece of fabric and it does not require sewing. Owing to this innovative idea, face mask can be produced rapidly in large quantities to meet the requirements of medical workers, who are on the front lines of the COVID19 crisis.

In addition, Under Armor is producing face mask at a pace of 1 lakh a week to fill this demand and supply gap, which occurred due to COVID19, and hence results in augmenting the growth of the face mask market. However, according to environmental groups, discarded single-use face masks, which are used to prevent the spread of COVID19 are expected to harm the environment.

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Moreover, marine life can suffer hazardously owing to this face mask as it contains polypropylene and marine mammals mistaking them with edibles as they do with other trash. In addition, disposal of these face masks near the sea or ocean is intensifying the pollution, which is affecting the marine life. Thus, improper disposing of face mask is anticipated to hamper the growth of the face mask market.

Globally, millions of people are suffering from pandemic diseases such as COVID19 and H1N1 infectious viruses owing to which millions of people have already died. Moreover, social distancing and use of face mask is only the way to keep people away from infectious virus like COVID19. Health regulatory authorities have recommended the use of N95 respirators to be limited to healthcare workers, however, number of individuals are also buying these masks to diminish the risk of getting COVID19 infection and preventing its transmission across the globe. Furthermore, the U.S., government has ordered Honeywell International to expand its production of N95 masks in the U.S., so that masks are available for general public also. 

Key Findings Of The Study

• By type, the dust mask segment dominated the global face mask market in 2019, and is expected to retain its dominance throughout the forecast period.
• By material, the polypropylene segment accounted for highest share in the face mask market growth in 2019, and is projected to grow at a CAGR of -10.8% from 2021 to 2027.
• By nature, the reusable segment led the global face mask market demand in 2019, and is expected to retain its dominance throughout the forecast period.
• By distribution channel, the direct distribution segment was the major shareholder in 2019, and is projected to register a CAGR of -2.1% from 2021 to 2027. 
• By region, Asia-Pacific accounted for highest face mask market share in 2019, and is expected to grow at a CAGR of -11.3%.

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