Market Trends

Cosmetic Packaging Market Overview: Association of wellness with beauty is a major trend driving consumer based products demand in this era. Cosmetics is one prominent sector leveraging this stride and executing unprecedented business. As per an online release by Forbes in 2017, the cosmetics industry was estimated to be worth a staggering $445 billion in terms of sales revenue.  Cosmetic packaging market as an imperative subset of blooming cosmetics industry is catapulting enormous demand under its domain. Being an essential component of cosmetics in terms of protection, creation of brand awareness, advertising appeal, extension of shelf life and labeling of information, cosmetic packaging market size has ascended towards $25.5 billion as of 2018. E-commerce has facilitated an upsurge of cosmetic sales by adding a supplementary virtual retail counter for products and proficient packaging is a necessity for such operations. This is among the major factors are compelling the cosmetic p

Paints and Coatings Market Overview: According to the International Trade Center (ITC), the trade of iron and steel across the globe was valued to be  $428.6 billion  worth in 2018. This is attributable to the prevalent application of iron and steel in a broad spectrum of industries. However, iron and steel that are used in industries undergo the process of painting and coating, which protects the metal and alloy from corrosion, thereby reducing the maintenance and replacement costs. Evidently, the increasing trade of iron and steel worldwide is significantly supporting the paints and coatings market that had a market size of  $127,855 million  as of 2018. Furthermore, the demand for paints and coatings in various industries is projected to escalate with a healthy compound annual growth rate  (CAGR) of 4.69%  during the forecast period of 2019 to 2025. APAC has been observing a tectonic shift in the economy owing to the growth in the industrial sector and construction, which is leadin

Greenhouse Produce Market Overview: According to the findings by the Environmental Protection Agency (EPA),  the net greenhouse emissions in 1990 were 5573.3 MMT CO2¬ Eq. and 5,758.9 MMT CO2 Eq. in 2017 from which the emissions allocated to the agriculture sector was 534.9 MMT CO2 Eq. in 1990 and 582.2 MMT CO2 Eq. in 2017 . [1]  The rise in greenhouse emissions due to agriculture is aiding to the threat called global warming, and so, the greenhouse produce has become imperative. The greenhouse produce is already gaining grounds worldwide, and a gamut of environmental concerns are leading to increasing implementation of the same which is enhancing the size of the greenhouse produce market that was valued to be $5.3 billion as of 2018. Furthermore, the demand for the same is projected to observe a healthy compound annual growth rate of 9.10% during the forecast period of 2019 to 2025. Owing to the prevalent plantation of fruits and vegetables in the countries of North America such as th

Mobile Money Market  Overview The global Mobile Money Market size is estimated to surpass  $17.7 billion mark by 2026  growing at a projected  CAGR of more than 24.9%  during the forecast period 2021 to 2026. Increased use of technology in financial transaction and rise in various  e-commerce  platforms are expected to accelerate the  mobile payment  market during the period. In 2019,  according to report given by Government of India, India has over 16 mobile wallet or e-wallet companies out of which 14 are Indian based mobile wallet companies. Online payments in India are witnessing thriving growth with a compound annual growth rate of 12.7% in the number of non-cash transactions. Similarly, China mobile wallets are growing at rate of 22% with the total transaction volume of $41.1 trillion in 2019. Increasing adoption of non-cash transaction in mobile banking will likely create the demand for Mobile payment industry. Mobile Money Market  Report Coverage The report:  “Mobile Money Ind