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Advanced Technological Features Likley to Support the US Automotive Aftermarket

Date: 28, May 2021 | Category: Consumer & Retail

The U.S. automotive aftermarket is expected to record a value of US$448.9 billion in 2025, growing at a CAGR of 3.08%, for the duration spanning 2021-2025. The factors such as growth in automotive production, upsurge in used car sales, rising number of smartphone users, acceleration in electric vehicle sales and rapid urbanization would drive the growth of the market. However, the market growth ..

Accelerating Demand for Apparel Supports the Global Synthetic Fibres Market

Date: 22, April 2021 | Category: Consumer & Retail

The global synthetic fibres market is expected to reach US$85.07 billion in 2025, progressing at a CAGR of 7.39%, over the period 2021-2025. Growth in the synthetic fibres market has accrued due to the growing population, surging number of fitness clubs, accelerating demand for clothing and apparel, expanding urbanization and rising e-commerce penetration. The market is anticipated to experienc ..

Opportunities for International Beauty Brands to Support the Chinese Cosmetic Market

Date: 3, March 2021 | Category: Consumer & Retail

The Chinese cosmetics market is expected to record a value of US$87.64 billion in 2025, increasing at a CAGR of 6%, for the duration spanning 2021-2025. The factor such as growing female population, upsurge in organic cosmetics demand, escalating number of social media users, rapid urbanization and strong brand awareness among young consumers would drive the growth of the market. However, the m ..

Escalating Retail E-Commerce Sales Support the Global Cosmetic Chemicals Market

Date: 13, February 2021 | Category: Consumer & Retail

The global cosmetic chemicals market is anticipated to reach US$27.73 billion in 2025, witnessing growth at a CAGR of 5.80% for the period spanning 2021-2025. The growth of the market has been driven by a growing consumer base, rising disposable income, upswing in cosmetics manufacturing, expanding urbanization, rapid adoption of cosmetic products among millennials and mounting retail e-commerc ..

Demand for Scented Candles to Drive Global Home Fragrance Industry

Date: 2, February 2021 | Category: Consumer & Retail

The global home fragrance market is forecasted to reach US$8.75 billion in 2025, growing at a CAGR of 5.29% for the period spanning 2021-2025. The factors such as rapid urbanization, improving consumer confidence index, escalating construction expenditure, accelerating e-commerce channels and rising adoption of aromatherapy candles are expected to drive the market. However, growth of the indust ..

COVID-19 Outbreak to Drive Growth of E-commerce Market

Date: 11, June 2020 | Category: Consumer & Retail

The global e-commerce market is expected to reach US$6.07 trillion in 2024, growing at a CAGR of 11.34%, for the period 2020-2024. Factors such as growth in third-party logistics, rise in use of mobile wallets, high preference of online shopping among millennials, increasing number of smartphone users, rapid urbanization, upsurge in disposable income and rising usage of the internet would drive ..

Expansion of Textile Industry to propel the growth of Dyestuff Market in China and India

Date: 14, February 2020 | Category: Consumer & Retail

The dyestuff production volume in China is expected to reach 1,027.5 kilotons in 2024, increasing at a CAGR of 5.04%, during 2020-2024. Whereas, the dyestuff production volume in India is projected to reach 572.2 thousand tonnes ..

Increasing Demand for Personalized Apparel Supports the Global Decorated Apparel Market

Date: 14, February 2020 | Category: Consumer & Retail

The global decorated apparel market is estimated to reach US$47.30 billion in 2024 growing at a CAGR of 10.91% for the period spanning 2020-2024, whereas the global imprintables apparel market is forecasted to reach US$19.81 billion in 2024, growin ..