Organic Cosmetics Market: ASEAN Consumer Awareness and Greater Product Visibility Key Growth Factors

Over the years, there has been an increase in the demand for natural products. The consumers have not only become aware about the advantages of natural products, but are also willing to pay more for them. Due to the shift in the customer demand, manufacturers have also started to focus on products made from natural raw materials. This trend is also visible in the global cosmetics market, as the demand for organic cosmetics has increased in the recent years. It is expected that the global organic cosmetics market will grow at a steady rate through 2020.

Market Segmentation of the Global Cosmetics Market

The global cosmetics market is projected to expand at a 9% CAGR through 2020 and reach a valuation of US$ 451 Bn. The key drivers for this projected growth include rising demand for sunscreens, anti-wrinkle shampoos, perfumes, etc. The cosmetics market is broadly segmented into:

• Synthetic
• Natural and organic

Consumer Focus on Personal Grooming and Hygiene: Drivers for Global Organic Cosmetics Market 

The global organic cosmetics market is anticipated to witness a 10.4% CAGR through 2020 and reach a valuation of US$ 66 Bn. Consumer focus on personal grooming and hygiene, along with concerns about the adverse effects of synthetic cosmetics are projected to be key drivers for the growth of the global organic cosmetics market.

Greater product visibility and Consumer Awareness: Growth Factors for ASEAN Organic Cosmetics Market 

The ASEAN organic cosmetics market is projected to expand at a 9.5% CAGR and reach a valuation of US$ 4.4 Bn by 2020. Greater product visibility and higher awareness among consumers are projected to be the key factors for the growth of the ASEAN organic cosmetics market.

Browse Full "Organic Cosmetics Market - ASEAN Industry Segment Analysis, Dynamics, Size, Trends, CAGR, Opportunity, Share, Competitive Analysis and Forecast 2014 to 2020, Future Market Insights" Market Research Report at http://www.futuremarketinsights.com/reports/details/asean-organic-cosmetics-market

In the recent past, international players have made a beeline to invest in the lucrative ASEAN organic cosmetics market, and this has resulted in increased visibility for both premium as well as specialised organic cosmetics products. The foreign direct investment (FDI) support for ASEAN’s retail industry is projected to augur well for the prospects of the ASEAN organic cosmetics market during the forecast period.

Market Segmentation of the ASEAN Organic Cosmetics Market

On the basis of product categories, the ASEAN organic cosmetics market is segmented into fragrance, makeup cosmetics, toiletries, hair care, skin care, and others.

The organic skin care segment of the ASEAN organic cosmetics market is further sub-segmented intoskin treatment products, anti-ageing, moisturisers, skin creams, skin lotions, and sunscreen. The skin care sub-segment is projected to have the largest market share among other sub-segments by 2020.

The organic hair care segment comprises conditioner, hair colour, hair cream, hair rinse, hair tonic shampoo, hair oil, gel, and serum. The organic hair care segment is expected to have the second largest market share by 2020.

On the basis of key distribution channels, the ASEAN organic cosmetics market is segmented into department stores, beauty specialist salons, internet, chemists, franchise outlet, and others. It is forecasted that the beauty specialist salons segment of the ASEAN organic cosmetics market will exhibit a 9.1% CAGR through 2020 and reach a valuation of US$ 1.01 Bn. Department stores segment is also projected to become a dominant segment on account of the influx of new retail outlets. It is forecasted that the department stores segment of the ASEAN organic cosmetics market will witness a 10.2% CAGR through 2020.

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Global Dietary Supplements Market Analysis and Opportunity Assessment 2014 - 2020

Future Market Insights (FMI) announces the release of its latest research report “Global Dietary Supplements Market Analysis and Opportunity Assessment 2014- 2020”. FMI forecasts that the global dietary supplements market was valued at US$ 61.84 Bn in 2014 and is expected to reach US$ 84.8 Bn by 2020, registering a CAGR of 5.3% between 2015 and 2020.

Market Drivers 

The global dietary supplements market is driven by factors such as increasing health consciousness and growing consumer income. Moreover, increasing consumption of dietary supplements along with daily diet boosts energy concept of preventive healthcare will further drive the global dietary supplements market

Browse Full "Dietary Supplements Market - Global Industry Segment Analysis, Dynamics, Size, Trends, CAGR, Opportunity, Share, Competitive Analysis and Forecast 2014 to 2020, Future Market Insights" Market Research Report at http://www.futuremarketinsights.com/reports/details/dietary-supplements-market

Market Segments

The global dietary supplements market is mainly segmented on the basis of product, application and region. By product type, the global dietary supplements market is segmented into vitamins, minerals, protein supplements, probiotics, fish oils/Omega 3-6-9, blended supplements and others. Among these, vitamin supplements segment is expected to account for larger revenue share percentage of 38% by 2020, followed by fish oils/Omega 3-6-9. Additionally, fish oils/Omega 3-6-9 segment is anticipated to account for 16% of the total revenue market by 2020, exhibiting a health CAGR of 13.2% through the forecast period.

By application type, dietary supplements consumed to enhance health (or dietary supplements for general health) segment is expected to account for a largest revenue market share by 2020.  Dietary supplements consumed to increase energy level is anticipated to witness 13.3% CAGR between 2015 and 2020. However, supplements consumed to improve immune power, heart health, digestion system, Bone and joint health are expected to demonstrate a significant growth rate during the forecast period.

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Region-wise, the global dietary supplements market is segmented as Asia Pacific, North America, Europe, and RoW.  Among all the aforementioned regions, the Asia Pacific is projected to dominate the global dietary supplements market with largest revenue share percentage of 44% by 2020, followed by North America and Europe.

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Wearable Computing Devices Market - Global Industry Forecast Research Report 2014 to 2020, Future Market Insights

Future Market Insights (FMI), in its recent report titled “Wearable Computing Devices Market: Smart Fitness Devices to Outpace Market Growth, 2014 to 2020” indicates that the global wearable computing devices market revenue is expected to grow at a considerable CAGR of 36.8% during the forecast period. In addition, in terms of shipments this market is expected to reach over 160 million units by 2020. Vineet Kumar, a consultant at FMI, said, “Expected fall in average selling price of wearable devices in near future and increased awareness among users is likely to accelerate the growth of wearable computing devices market during the forecast period. Further, growing health concern and availability of open source application are anticipated to increase the adoption of smart fitness and smart accessories in the near future”.

This report includes two segments, namely, product category and vertical. The segment product category is further sub-segmented into smart accessories, smart textile and smart fitness accessories. Among all the aforementioned sub-segments, smart fitness accessories sub-segments accounted for more than 70% of the global wearable computing devices shipment share in 2013; however, this is expected to decrease by more than quarter share by 2020. The sub-segment smart textile shipment CAGR is 3x when compared to overall wearable computing devices CAGR in 2020. The sub-segment smart accessories can be further categorised into smart watches and smart bands. Among all the aforementioned categories, smart bands to dominate the market with 50% share of overall smart accessories revenue and shipment. Smart textile sub-segment includes smart apparels and clothing & innerwear. Of all the smart textile categories smart apparels market to experience higher CAGR than clothing & inner wear market over the forecast period.

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Organic Cosmetics Market - ASEAN Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 to 2020, Future Market Insights http://www.futuremarketinsights.com/reports/details/asean-organic-cosmetics-market

Market Drivers/Restrains

ASEAN organic cosmetics market is driven by factors such as increasing health and skin problems resulting from the tropical climate and pollution in this region. Additionally, increasing investments in retail industry by international players, FDI support in ASEAN retail market, increased organic ingredients harvesting, growing demand for specialized products, and cross-border supply of capital and labour are the other factors, driving the ASEAN organic cosmetics market during the forecast period. However, high prices of specialized products will potentially restrict the acceptance of organic cosmetic products among the medium class population. Moreover, availability of natural raw materials and low-cost labor in ASEAN will attract the international players to setup their manufacturing plants in countries such as Thailand and Philippines. This will help to offer organic cosmetics at an affordable price.

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Market Segmentation's 

According to the application type, the ASEAN organic cosmetics market is segmented as: Fragrances, skin care, toiletries, hair care, makeup, and others. Among all the aforementioned applications, Hair care is expected to hold 28.2% of the total revenue share by 2020. However, the skin care market is anticipated to display a significant growth rate of 9.7% during the forecast period.

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ASEAN Organic Cosmetics Market to Expand to US$ 4,419 Mn by 2020, Driven by Increasing Demand for Organic and Natural Products

As consumers display heightened awareness for a well-groomed and pleasing appearance, the cosmetics market has been a key beneficiary of this trend. At the same time, they are wary about the chemicals contained in cosmetics and the resultant detrimental effects of such ingredients. It is this white space that natural and organic cosmetic products address. This growing demand for cosmetics that are proven to be safe has forced manufacturers to offer organic and natural products to differentiate their offerings in an extremely stiff competitive environment.

The global organic cosmetics market is driven by factors that include consumer inclination towards personal hygiene due to health awareness programmes by regional governments and aggressive campaigns for natural nourishment products. Therefore, the demand for organic cosmetics products is rising across regions such as North America, ASEAN, GCC, and Asia Pacific. The ASEAN market has exhibited significant growth in the recent past.

According to FMI report, the global organic cosmetics market accounted for US$ 34 Bn in 2014, and is expected to reach US$ 66.1 Bn by 2020, exhibiting a CAGR of 10.4% between 2014 and 2020. The ASEAN organic cosmetics market, on the other hand, was valued at US$ 2,415 Mn in 2014. This market is anticipated to account for US$ 4,419 Mn by 2020, reflecting a CAGR of 9.5% during the forecast period.

Browse Full: "ASEAN Organic Cosmetics Market Analysis & Opportunity Assessment, 2014 - 2020" Report at http://www.futuremarketinsights.com/reports/details/asean-organic-cosmetics-market

FDI Support for Retail Industry in ASEAN Will Drive the ASEAN Organic Cosmetics Market

Some of the factors driving the ASEAN organic cosmetics market are: Increasing investments in retail industry by international players, FDI support in ASEAN retail market, increased organic ingredients harvesting, growing demand for specialized products, and cross-border supply of capital and labour. Moreover, increasing health and skin problems resulting from the tropical climate and pollution in this region will drive the ASEAN organic cosmetics market in the near future.

However, high prices of specialized products will potentially restrict the acceptance of organic cosmetic products among the medium class population. Nevertheless, availability of natural ingredients and cheap cost of labor in ASEAN will entice international players to set up their manufacturing plants in countries such as Thailand and Philippines. This will help to offer organic cosmetics at an affordable price.

The ASEAN organic cosmetics market is mainly segmented on three fronts: Application, distribution channels, and countries.

On the basis of application, the ASEAN organic cosmetics market is segmented as: Hair care, skin care, makeup, toiletries, fragrances, and others. Among all the aforementioned segments, hair care segment is projected to hold a 28.2% revenue share of the market by 2020. However, the skin care segment is expected to exhibit a significant growth rate of 9.7% during the forecast period.

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Beauty salons to dominate the ASEAN organic cosmetics market with a 23% share

By distribution type, the ASEAN organic cosmetics market is segmented as franchise outlets, department stores, beauty specialist salons, chemist/pharmacies/drugstores, direct sales, online selling, and others. The beauty salons segment is expected to dominate the market, accounting for 23% of the total revenue share by 2020. However, the franchise outlets segment is anticipated to exhibit the fastest growth rate of 10.3% as compared to other distribution channels, between 2014 and 2020. Moreover, department stores are anticipated to represent 18.7% market share by 2020 due to the influx of new entrants.

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Lead Acid Battery Market: Global Industry Forecast 2014 to 2020, Future Market Insights

Future Market Insights (FMI) has released its latest report titled, “Lead Acid Battery, Global Market Opportunity; 2014 to 2020 Forecast”, According to the report, the global lead acid battery market was valued at US$ 44,689 Mn in 2014. The market is projected to account for US$ 58,552 Mn by 2020, exhibiting a CAGR of 4.6% between 2014 and 2020.

The global lead acid battery market is driven by factors such as Urbanisation and industrialisation, increasing adoption of UPS, adoption of grid storage technology. However, volatility in raw material price, and stringent government regulations are expected to hamper the global lead acid battery market over the forecast period.

Lead acid batteries are primarily used in commercial vehicles, passenger cars, and two wheelers. According to application type, the global lead acid battery market is segmented as stationary industrial, residential, transportation, motive industrial, commercial, stationary industrial, and grid storage. Transportation and stationary industrial collectively accounted for 77.9% of market revenue in 2014. Transportation was the largest end-use application in the global lead acid battery market in 2014, and is anticipated to continue its dominance through 2020. Stationary industrial is the second largest contributor to the global lead acid battery market, and is expected to exhibit the fastest CAGR of 8.6% during the forecast period.

Browse Full: "Global Lead Acid Battery Market Opportunity & Assessment, 2014 - 2020" Report at http://www.futuremarketinsights.com/reports/details/global-lead-acid-battery-market

Moreover, the grid storage is one of the smallest end-use application segments in the global lead acid battery market, but is anticipated to register the fastest CAGR of 7.3% between 2014 and 2020. This growth is attributed to adoption of grid storage technology in developing countries such as China and India. Factors such as increasing adoption of UPS and demand for electrical vehicles are expected to further accelerate the expansion of the lead acid battery market globally over the forecast period. Moreover, lead is the essential raw material used in manufacturing of lead acid batteries. Lead prices account for 49% of the overall cost of the lead acid batteries. As a result, any fluctuations in lead price is expected to affect the overall profitability of the global lead acid battery market in the near future.

Furthermore, the growth of the global lead acid battery market is expected to inhibit by 2020, owing to the fact, The U.S. Environmental Protection Agency (EPA) has published new lead emissions standards under the National Ambient Air Quality Standards (NAAQS) in November 2008. The new standards curb lead emissions by restricting off-site concentration standards for lead in air from 1.5 mg per cubic meter to 0.15 mg per cubic meter.

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Region-wise, Asia pacific is the largest contributor, and expected to continue its dominance through 2020. Asia Pacific was valued at US$ 15,297 Mn in 2014. The market is expected to reach US$ 19,881 Mn by 2020, registering a CAGR of 4.5% during the forecast period.  North America and Western Europe are the other major regions, contributing 21.6% and 18.7% respectively to the global lead acid battery market over the forecast period. Eastern Europe accounted for the lowest revenue contribution in 2014, but is projected to exhibit a significant CAGR of 5.5 % during the forecast period.

Key player in the global lead acid battery market include Exide Technologies, EnerSys, Johnson Controls INC, and GS Yuasa Corporation.

About Us          

             

Future Market Insights (FMI) is a leading market intelligence and consulting firm delivering syndicated research reports, custom research reports and consulting services. Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail.

Contact

Ms. Shibboo Singh

3^rd Floor,

207 Regent Street,
London - W1B 3HH
United Kingdom

T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268

Email: sales@futuremarketinsights.com

Website: Future Market Insights

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Stevia Extracts Market - Global Industry Trends and Forecast to 2020, Research Report by Future Market Insights

Future Market Insights (FMI) delivers incisive insights into emerging regions in its latest report titled, “Global Stevia Extracts Market - Market Analysis and Opportunity Assessment, 2014 – 2020”. The report states that the global stevia extracts market is expected to account for US$ 565.2 Mn by 2020.

Market Drivers/Restrains

The global stevia market is driven by factors such as shift in consumer preference for natural sweeteners, growing need for effective alternatives for artificial sugar-based products owing to changing consumer lifestyle, favourable policies from government and other food and beverages authorities, and increasing demand for low-caloric plant-based sweeteners. Shift in consumer preference for natural sweeteners is a key factor driving growth of this market. Additionally, increasing awareness through online marketing, and strengthening supply chain particularly in countries such as India, Brazil, and Russia are key factors fuelling the growth of stevia during the forecast period

Vipassa K, a FMI lead consultant, sheds light on why stevia extracts will become a mainstream ingredient in the global food and beverages industry in the near future. “Increasing demand for alternatives to synthetic or artificial sweeteners due to health concerns, coupled with rising demand for plant-based sweeteners is projected to fuel the growth of the global stevia extracts market over the next five years,” she said.

Browse Full: "Global Stevia Market Analysis and Opportunity Assessment, 2014 - 2020" Report at http://www.futuremarketinsights.com/reports/details/global-stevia-market

In addition, increasing consumer preference for products with natural ingredient and use of stevia extracts with other ingredient include monk fruit as a blend in various food and beverage products are expected to contribute to the growth of the global stevia extracts market over the forecast period.

Market Segments

The Global stevia extracts market is segmented on the basis of products, application, and region. According to the product type, the global stevia extracts market is sub-segmented into liquid, powdered and leaf form. Owing to ease of availability, the powdered stevia extracts sub-segment is expected to exhibit around 65.4% share of the total stevia extracts market by 2020. On the other hand, the liquid stevia extracts sub-segment is projected to witness 9.0% CAGR between 2014 and 2020. Considerable factors such as need for effective alternatives for artificial sugar-based products owing to changing consumer lifestyle, increasing product visibility in urban areas and approval by the U.S. Food and Drug Administration (FDA) for rebaudioside A as an ingredient in food products in European countries are projected to contribute to the growth of the global stevia extracts market during the forecast period.

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By application type, the global stevia extracts market is segmented into dairy, bakery, confectionary, beverages, packaged food, snacks, and others.  The global stevia extracts market is projected to exhibit a significant growth by 2020. This growth is attributed to increasing acceptance of such products due to growing modern retail, urbanization, awareness and health concerns, and changing consumer’s preference towards natural sweeteners. Furthermore, the stevia extracts are finding increasing application in soft drinks and juices, ice creams and various other products due to its high-intensity natural sweetness properties. As a result, the stevia extracts market is expected to account for around 15% share of the overall sweetener market by 2020.

Region-wise, North America is projected to be a largest contributor to the global stevia extracts market by 2020, followed by Asia Pacific and Latin America. However, MEA region is also expected to emerge as a potential market by 2020. This is attributed to increasing disposable income and modern retail infrastructure supporting demand for stevia based products in the region.

Competitive Landscape

Key players in the global stevia extracts market are Cargill Inc., GLG Life Tech Corporation, Evolva Holding SA, Tate & Lyle Plc, Ingredion Inc


About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact 


Ms. Shibboo Singh
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268 
Email: sales@futuremarketinsights.com
Website: Future Market Insights
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Global Biophotonics Market to value at US$ 59.7 Bn by 2020, Future Market Insights

Future Market Insights (FMI) released its latest report titled, “Biophotonics: A New Boulevard for Healthcare Investments, Global Market Analysis and Forecast; 2014 to 2020”. According to the report, the global biophotonics market was valued at US$ 31.4 billion (Bn) in 2014. The market is expected to reach US$ 59.7 Bn by 2020, registering a CAGR of 11.3% between 2014 and 2020.

The global biophotonics market is driven by factors such as Increasing ageing population, the government support in technology innovations, enhanced range of biophotonics applications, and a need for improvement in healthcare.

Region-wise, North America was the highest contributor to the global biophotonics market with 39.8% share in 2014, followed by Europe, the Middle East and Africa (EMEA) and Asia Pacific. North America dominated the global biophotonics market and accounted for US$ 12.5 Bn with 39.8% of the market share in 2014. However, the North America is expected to reach US$ 23.3% Bn by 2020, exhibiting a CAGR of 10.9% during the forecast period. EMEA accounted for 26.8% of the market share in 2014, followed by Asia Pacific with 17.8% in the same year. However, Asia Pacific market is expected to account for 18.6% of the market share by 2020.

Browse Full: “Global Biophotonics Market Analysis & Opportunity Assessment, 2014 – 2020” Report at http://www.futuremarketinsights.com/reports/details/global-biophotonics-market

According to end-user type, the global biophotonics market is segmented as Medical diagnostics, Medical therapeutics, Test components and Non- Medical. The medical diagnostics dominated the global biophotonics market in 2014. The medical diagnostics was valued at US$ 21.8 Bn with 69.3% market share in 2014. And expected to registera CAGR of 10.7%during the forecast period. Non-medical applications are projected to demonstrate an impressive growth rate of 15.5% between 2014 and 2020. Growth in global biophotonics market is largely attributed to growth in end use sectors, which largely include diagnostic centers, medical institutes, healthcare service providers, research institutes and laboratories, and medical & scientific instrument manufacturers.

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By application type, the Global Biophotonics market is segmented as See through imaging, Spectro molecular, Inside imaging, Biosensors, Surface imaging, Microscopy, Light therapy, and other analytic sensing. Among all the aforementioned segments, the biosensors is projected to witness 17.2% CAGR during the forecast period. The microscopy and light therapy applications are expected to exhibit a CAGR of 15.1 % each respectively between 2014 and 2020. The growth is attributed to implementation of the biosensors in other analytic sensing segment due to its specific biological analyte sensing capability such as pregnancy test, food toxicity, and cholesterol tests.

Key player in the global biophotonics market are Becton, Dickinson & Co., Affymetrix Inc., Carl Zeiss, Olympus America, Andor Technology and Hamamatsu Photonics.

Press Release: Global Biophotonics Market http://www.futuremarketinsights.com/pressreleases/details/global-biophotonics-market

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact

Ms. Shibboo Singh
3rd Floor,
207 Regent Street,
London – W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
Email: sales@futuremarketinsights.com
Website: Future Market Insights

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Asia Pacific Flexible Glass Market is expected to account for $612.7 Mn by 2020, registering a CAGR of 36.5% during the forecast period.

Future Market Insights (FMI) announces the release of its latest report titled, “Asia Pacific Flexible Glass, Market Opportunity; 2014 to 2020 Forecast”, According to the report, the Asia Pacific flexible glass market is expected to account for $612.7 Mn by 2020, registering a CAGR of 36.5% during the forecast period. Incorporation of flexibility threshold in displays is expected to contribute to the growth of the Asia Pacific flexible glass market over the forecast period.

In terms of application, Asia Pacific flexible glass market is mainly segmented as display and solar PV (photovoltaic). Currently, display application segment dominates the Asia Pacific flexible glass market. The display segment was valued at US$ 74.2 Mn in 2013, and is expected to reach US$ 417.3 Mn by 2020, exhibiting a CAGR of 33.4% for the forecast period. Moreover, the development of Roll2Roll process is expected to create a demand for flexible glass in solar PV application. As a result, solar PV is projected to be the fastest growing application segment for the forecast period.

The display application is further sub-segmented as smartphones and tablets, curved TV, building mounted displays and, wearables. Among all the aforementioned sub-segments, smartphones & tablets segment is expected to dominate the market with 50.1% of the total revenue share by 2020. However, curved TV is anticipated to exhibit the highest CAGR of 37.1% during the forecast period. Additionally, influx of new entrants is predicted to fuel the growth of curved TV application segment over the forecast period.

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Country-wise, the Asia Pacific flexible glass market is segmented as Japan, China, South Korea and others. Japan is the most lucrative market, followed by South Korea and China. Moreover, Japan is expected to contribute 40.0% market share to the Asia Pacific flexible glass market by 2020. The growth of South Korea is supported by the strong presence of smartphone & TV manufacturers along with growing number of R&D centres in South Korea.

Read More.... Asia Pacific Flexible Glass Market Press Release: http://www.futuremarketinsights.com/pressreleases/details/apac-flexible-glass-market

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The consistent innovation in technology has brought about a sea-change in the flexible electronics sector. High consumer demand for lightweight and ultra-thin devices has led to the adoption of flexible glass in the manufacture of electronics, especially smartphones, tablets, and wearable gadgets.

The Advantages of Flexible Glass

The numerous advantages of flexible glass have made it an appealing prospect for manufacturers. Flexible glass not only helps reduce thickness and weight, but also plays a major role in improving the lifetime and quality of a device. Flexible glass is thermally and dimensionally stable, and its moisture-resistant properties make it an excellent choice for use in the electronics sector.

Growth in the Smartphone and Tablets Market will Boost the Asia Pacific Flexible Glass Market

The global flexible glass market is forecasted to grow steadily through 2020. The Asia Pacific flexible glass market is also projected to witness steady growth and reach a valuation of US$ 612.7 Mn by 2020. Growth in the smartphones and tablets market is anticipated to be the key driver for the Asia Pacific flexible glass market. It is anticipated that the Asia Pacific flexible glass market will exhibit a 36.5% CAGR during the forecast period. Japan, South Korea, and China will be the key regions for the growth of the Asia Pacific flexible glass market.

Displays and Solar Photovoltaics (PV): Key Markets for Asia Pacific Flexible Glass Market

On the basis of applications, the Asia Pacific flexible glass market is segmented into displays and solar PV. The display application segment is currently the most dominant, and it is anticipated to exhibit a 33.4% CAGR and reach a valuation of US$ 417.2 Mn by 2020. It is forecasted that the manufacturers will replace plastic with flexible display materials and this will create opportunities for the growth of the Asia Pacific flexible glass market in the near future.


Display segment is further sub-segmented into building mounted displays, smartphones and tablets, curved TV, and wearables. Among these segments, smartphones and tablets is the dominant sub-segment, and it is projected to achieve a CAGR of 34.3% during the forecast period. It is estimated that the smartphones and tablets sub-segment will be worth US$ 306.7 Mn by 2020. The growth in the smartphones and tablets sub-segment will be a major contributor to the Asia Pacific flexible glass market.

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Asia Pacific Flexible Glass Market to Witness Steady Growth through 2020

The consistent innovation in technology has brought about a sea-change in the flexible electronics sector. High consumer demand for lightweight and ultra-thin devices has led to the adoption of flexible glass in the manufacture of electronics, especially smartphones, tablets, and wearable gadgets.

The Advantages of Flexible Glass
The numerous advantages of flexible glass have made it an appealing prospect for manufacturers. Flexible glass not only helps reduce thickness and weight, but also plays a major role in improving the lifetime and quality of a device. Flexible glass is thermally and dimensionally stable, and its moisture-resistant properties make it an excellent choice for use in the electronics sector.

Growth in the Smartphone and Tablets Market will Boost the Asia Pacific Flexible Glass Market
The global flexible glass market is forecasted to grow steadily through 2020. The Asia Pacific flexible glass market is also projected to witness steady growth and reach a valuation of US$ 612.7 Mn by 2020. Growth in the smartphones and tablets market is anticipated to be the key driver for the Asia Pacific flexible glass market. It is anticipated that the APAC flexible glass market will exhibit a 36.5% CAGR during the forecast period. Japan, South Korea, and China will be the key regions for the growth of the Asia Pacific flexible glass market.

Displays and Solar Photovoltaics (PV): Key Markets for Asia Pacific Flexible Glass Market
On the basis of applications, the Asia Pacific flexible glass market is segmented into displays and solar PV. The display application segment is currently the most dominant, and it is anticipated to exhibit a 33.4% CAGR and reach a valuation of US$ 417.2 Mn by 2020. It is forecasted that the manufacturers will replace plastic with flexible display materials and this will create opportunities for the growth of the Asia Pacific flexible glass market in the near future.

Display segment is further sub-segmented into building mounted displays, smartphones and tablets, curved TV, and wearables. Among these segments, smartphones and tablets is the dominant sub-segment, and it is projected to achieve a CAGR of 34.3% during the forecast period. It is estimated that the smartphones and tablets sub-segment will be worth US$ 306.7 Mn by 2020. The growth in the smartphones and tablets sub-segment will be a major contributor to the Asia Pacific flexible glass market.

Currently, the worth of curved TV sub-segment is only US$ 9.9 Mn, but it is projected that it will witness the highest growth rate among other application sub-segments and reach a valuation of US$ 65.9 Mn by 2020.

The outlook on the building mounted display application sub-segment is also positive, and it is projected to expand at a 24.1% CAGR and reach US$25.7 Mn by 2020; the current valuation of the market is around US$ 7 Mn.

The average display size in the wearable segment market is 2” and due to this, only a small amount of flexible glass is used in the manufacturing process. However, this sub-segment will also witness a healthy 25.2% CAGR and reach a valuation of US$ 19 Mn through 2020.

Solar PV, another dominant application segment of the Asia Pacific flexible glass market, is anticipated to expand at a 45.5% CAGR and reach a valuation of US$ 195.5 Mn. There has been an increased focus on the manufacture of solar PV in China and this is expected to provide key growth opportunities for the Asia Pacific flexible glass market.

Asia Pacific Flexible Glass Market: Key Players
The key players in the Asia Pacific flexible glass market include, Corning Inc., Scott AG, Asahi Glass Co., and Nippon Electric Glass Co., Ltd. These key players are expected to consolidate their position during the forecast period and leverage the increased market demand for flexible glass.


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Global Natural Food Colours Market to Witness Steady Growth on Account of Stringent Regulations & Demand for Safe Food Products

Food colours find their use in a variety of food products, ranging from frozen meat products to beverages and bakery. Colours enhance the appearance of food and make it more appealing to the consumers. Food colours are broadly classified into natural and artificial — natural food colours are extracted from plant and animal sources, whereas artificial food colours are made from chemicals.

Natural Food Colours Dominate the Global Food Colours Market

The global food colours market is forecasted to expand at a high CAGR through 2020 and reach a valuation of around US$ 2.8 Bn. The natural food colours market is anticipated to expand at twice the growth rate of artificial food colours. Increase in demand for clean label products and greater awareness among consumers are expected to be the key growth drivers for the natural food colours market. Moreover, technological innovation in extracting food colours, packaging, and delivery techniques is projected to provide an impetus to the growth of natural food colours market.

Natural food colours are more expensive than artificial food colours, and this remains a key challenge for the growth of the natural food colours market. Moreover, many natural food colours are not as stable as artificial food colours and they quickly change colour under the effect of heat and light. These factors remain the key challenges for the growth of the natural food colours market.

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Natural Food Colours Market: Segmentation on Basis of Type & Applications

On the basis of type, the natural food colours market is segmented into:

• Anthocyanin
• Chlorophyll
• Paprika extract
• Carotenoids
• Curcumin
• Spirulina extract
• Others (betalains, carmine etc.)

Carotenoids, anthocyanin, paprika extract, and curcumin are the dominant segments and account for around 90% of the total market share of the natural food colours market.

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Carotenoids is the largest segment of the natural food colours market with a market share of around 31%. It is widely used as a natural food colourant owing to the fact that it is more stable than other colours. Carotenoids are available in various hues, ranging from yellow to red, and this is another reason why it has a larger market share than other natural food colours. Furthermore, spirulina extract is projected to expand at a robust double-digit CAGR through 2020 on account of the recent FDA approval permitting its use in bakery and confectionary items. 

Carotenoids are further segmented into beta-carotene, annatto, lutein, and lycopene. Among these, lycopene is anticipated to witness the highest growth, owing to greater awareness among consumers about its health benefits. Lycopene is thought to be beneficial against heart disease and prostate cancer.

By application type, the natural food colours market is segmented into beverage, bakery, confectionary, cosmetics and toiletries, dairy, meat, pharmaceutical, and pet food. The beverage, bakery, and confectionary segments are expected to witness high growth through 2020 as the demand for products under this segment is relatively higher.

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Western Europe, APEJ, and North America: Key Markets for Natural Food Colours Market

Western Europe is projected to be the key market for the natural food colours market through 2020 on account of stringent regulations concerning the use of artificial colourants in food products. Currently, Western Europe has a 26% market share and it is anticipated that the region will continue to dominate the natural food colours market through 2020. 

In recent years, there has been an increase in the production of natural and preservative-free products in Asia Pacific excluding Japan (APEJ) and North America and this trend is anticipated to continue through 2020. Greater awareness among consumers about the harmful health effects of artificial food colours has forced manufacturers in APEJ and North America to replace artificial food colours with natural food colours. The demand for natural food colours from APEJ and North America is further expected to boost the prospects of the natural food colours market. 

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