Artificial Intelligence
Beard Grooming Products Market Set to Reach Valuation of USD 38.14 Billion by 2030, Size, Share, Demand, Future Growth, Trends and Competitive Analysis
BOSTON, Jan. 25, 2023 (GLOBE NEWSWIRE) — Data Bridge Market Research completed a qualitative study titled “Beard Grooming Products Market” with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. The credible Beard Grooming Products market report has been prepared by effectively using technology, new applications, and expertise to manage large and complex market data tables and forecast automatically. This market document work with respect to opportunities, challenges, drivers, market structures, and competitive landscape for the clients. The report is generated based on the market type, size of the organization, availability on-premises and the end-user’s organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. The complete knowledge is based on the latest industry news, opportunities, and trends.
Data Bridge Market Research analyses that the beard grooming products market was valued at USD 21.87 billion in 2022 and is expected to reach USD 38.14 billion by 2030, registering a CAGR of 7.20% during the forecast period of 2023 to 2030. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
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Market Analysis and Size
In last few years, men are turning out to be more conscious regarding their appearance and looks. They are tend to adapt themselves to current ongoing trend no matter when it comes to setting different hairstyles and waring apparels. There is an increase in popularity of beard grooming among male. The “beard Oil” is expected to be the fastest growing product type segment because it has high moisturizing properties and is suitable for all skin types. Beard oils comprise several essential oils for healthy hair growth, which also softens the hair follicles.
Beard grooming products refer to numerous facial hair growth and maintenance products. They are mainly used for controlling, brushing and encouraging the beard’s healthy growth and filling patches of thin facial hair. Beard growth is an inherently driven process and is impacted by the levels of dihydrotestosterone (DHT) and testosterone in the body. Beard care products are cosmetic products that mainly nurture the facial hair, skin and retain the smoothness and softness of the beard.
Fundamental Aim of Beard Grooming Products Market Report
In the Beard Grooming Products market, every company has goals, but this report focus in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.
- Major alterations to the Beard Grooming Products Market in the near future.
- Notable Market rivals around the world.
- The Beard Grooming Products Market’s Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
- Sales data and profiles of the world’s leading Beard Grooming Products manufacturers
Some of the major players operating in the beard grooming products market are:
- L’Oréal S.A. (France)
- Procter and Gamble (U.S.)
- Unilever (U.K.)
- Koninklijke Philips N.V (Netherlands)
- Shiseido Company (Japan)
- Johnson & Johnson Private Limited (U.S.)
- Revlon Group (U.S.)
- Conair Corporation (U.S.)
- Estée Lauder Companies Inc. (U.S)
- Yves Rocher (France)
- Wahl Clipper Corporation (U.S.)
- Panasonic Corporation (Japan)
- Spectrum Brands (U.S.)
- Andis Company (U.S.)
- Syska (U.S.)
- Beiersdorf AG (Germany)
- Kroger (U.S.)
- Coty Inc. (U.S.)
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How will this Market Intelligence Report Benefit You?
- The report offers statistical data in terms of value (US$) as well as Volume (units)
- Exclusive insight into the key trends affecting this industry, although key threats, opportunities and disruptive technologies that could shape the Global Market supply and demand
- The report tracks the leading market players that will shape and impact this Market most
- The data analysis present in this report is based on the combination of both primary and secondary resources
- The report helps you to understand the real effects of key market drivers or retainers on this business
Opportunities:
- Shifting consumer preference toward organic products
The increasing awareness regarding the harmful effects associated with the use of artificial ingredients and synthetic chemicals in personal care products, beard grooming product manufacturers are progressively using natural and organic raw material for the manufacture of shampoo, oils and beard softeners. They are using essential oils, plant extracts, and herbal ingredients, such as almonds, castor, avocado, argan, jojoba and coconut oil. These natural ingredients reduce the possibilities of developing allergic reactions on the skin that might cause itching, rashes, or bleeding. Thus, the shifting consumer preference toward organic products will likely generate ample market growth opportunities.
- Surging product innovation
The surging product launches and other innovations by market players will also have a positive impact on the product demand and market growth. For instance, Beard Wax from The Man Company produces 100% natural product prepared by geranium and argan. Moreover, L’Oreal has launched BarberClub Long Beard and Skin Oil, which is made of organic raw materials and does not include colorants, silicone, or parabens.
Key Growth Drivers:
- Increased focused on personal care
Men’s also focus on their care, this is one of the major factor which is expected to drive the market growth. Men have become more conscious about their appearances and looks and thus, they are spending in high-quality apparel, indulging in physical activities to appear much fitter and leaner and using innovative grooming products. Wearing a beard looks to raise confidence in men and offers them with a more mature look. To achieve this look, consumers are consuming innovative beard grooming products, such as razors and shavers that are equipped with simple to advanced styling features. They are also using shampoos, gels, oils and moisturizers to brush, clean and maintain the complete look of the beard. These products also help in preventing the hair from looking dusty and flaky.
- Increasing spending on beard grooming products
Nowadays, men are also very aware about their look and appearance, according to a survey, men give at least 16 minutes on their grooming. They do not mind spending on good grooming products. Thus, growing expenditure on products such as oil and serum, cream and balm, gel and wax, cleanser, equipment and accessories, others is expected to enlarge the growth of the market.
Key Market Segments Covered in Beard Grooming Products Industry Research
Product Type
- Oil and Serum
- Cream and Balm
- Gel and Wax
- Equipment and Accessories
Product Purpose
- General Purpose
Price Range
Sales Channel
- Direct Sales
- Indirect Sales
- E-Commerce
- Supermarket/Hypermarket
- Independent Stores
Category
- Conventional
End-User
- Commercial
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Beard Grooming Products Market Regional Analysis/Insights:
The countries covered in the beard grooming products market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the beard grooming products market in terms. This is due to rising disposable income and increasing awareness regarding personal grooming in this region. Furthermore, abundant men’s salons are accountable for rise in sales of beard grooming products in Spain.
Asia-Pacific is anticipated to be the fastest developing region during the forecast period of 2023-2030 because men are willing to spend money to appear good and expenditure a considerable amount of money on grooming products in this region.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Beard Grooming Products Market: Regulations
- Market Overview
- Global Beard Grooming Products Market, By Product Type
- Global Beard Grooming Products Market, By Product Purpose
- Global Beard Grooming Products Market, By Price Range
- Global Beard Grooming Products Market, By Sales Channel
- Global Beard Grooming Products Market, By Category
- Global Beard Grooming Products Market, By End User
- Global Beard Grooming Products Market, By Region
- Global Beard Grooming Products Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-beard-grooming-products-market
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Artificial Intelligence
Wego and Tourism Authority of Thailand Partner for The Fourth Consecutive Year, Showcasing the Beauty of Thailand
DUBAI, UAE, April 25, 2024 /PRNewswire/ — Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), is thrilled to announce its continued partnership with the Tourism Authority of Thailand (TAT) for the fourth consecutive year, showcasing the unparalleled beauty and charm of Thailand as a premier travel destination.
Building upon the success of their previous collaborations, Wego and the Tourism Authority of Thailand are once again teaming up to promote Thailand’s diverse attractions, rich culture, and breathtaking landscapes to travelers worldwide. Through this strategic partnership, Wego aims to inspire travelers to explore the wonders of Thailand and experience its unique blend of tradition and modernity.
Over the past campaigns, Wego and the Tourism Authority of Thailand have successfully amplified Thailand’s appeal as a top travel destination, reaching millions of travelers and driving significant interest in visiting the country. From its pristine beaches and vibrant cities to its lush jungles and cultural heritage sites, Thailand offers an array of experiences that cater to every traveler’s preferences.
“We are delighted to continue our partnership with the Tourism Authority of Thailand for the fourth consecutive campaign,” said Mamoun Hmedan, Chief Business Officer, Wego. “Thailand is a beloved destination for travelers worldwide, and we are committed to showcasing its beauty and diversity through our platform. Together with the Thailand Tourism Board, we look forward to inspiring even more travelers to explore all that Thailand has to offer.”
The success of the previous campaigns underscores the effectiveness of Wego and the Thailand Tourism Board’s collaborative efforts in promoting Thailand as a must-visit destination. By leveraging Wego’s extensive reach and innovative marketing capabilities, the partnership aims to further elevate Thailand’s profile and attract more travelers to experience the magic of the Land of Smiles.
“We are thrilled to continue our partnership with Wego for the fourth campaign,” said Mr. Chaiwat Tamthai, Director of TAT Dubai office. “Thailand offers an unparalleled travel experience, from its stunning beaches and vibrant cities to its rich cultural heritage. Through our collaboration with Wego, we are excited to showcase the beauty of Thailand to travelers in the MENA region and invite them to discover the wonders of our country.”
As travelers seek unforgettable experiences and breathtaking landscapes, Wego and the Tourism Authority of Thailand are committed to showcasing Thailand’s unique charm and allure, inviting travelers to embark on an unforgettable journey to this enchanting destination.
About Wego
Wego provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites.
Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website.
Wego was founded in 2005 and is dual headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.
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Artificial Intelligence
Building Energy Management Systems Market Projected to Reach $67.69 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 24, 2024 /PRNewswire/ — The report titled “Building Energy Management Systems Market by Component (Hardware, Services, Software), Type (Integrated Building Energy Management Systems, Standalone Building Energy Management Systems), Application, Deployment Mode, End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $34.52 billion in 2023 to reach $67.69 billion by 2030, at a CAGR of 10.09% over the forecast period.
“Revolutionizing Energy Efficiency Globally With The Evolution of Building Energy Management Systems (BEMS)”
In an era where energy conservation and efficiency have become paramount, building energy management systems (BEMS) are at the forefront of this transformation, offering solutions that monitor, control, and optimize energy usage within buildings. These advanced systems, leveraging real-time data analytics, automate energy control, enhance energy savings, reduce costs, and contribute to a greener planet. Primarily utilized in commercial spaces, residential areas, and industrial sectors, BEMS has a broad application scope, covering HVAC, lighting, and security systems. Factors driving the expansion of the BEMS market include escalating energy expenses, heightened awareness of environmental impacts, and the increasing incorporation of Internet of Things (IoT) and cloud-based technologies, coupled with supportive government initiatives promoting energy-efficient infrastructures. Although challenges such as high initial costs and technology integration barriers exist, the advent of AI and IoT technologies within BEMS heralds a future of predictive energy management and remote operational capabilities, with a growing emphasis on integrating renewable energy sources. Regions such as the United States, Canada, the European Union, and emerging economies such as China and India are witnessing significant growth in BEMS adoption, spurred by regulatory policies and a shift towards sustainable building practices. This global movement toward BEMS signals a step toward reducing carbon footprints and highlights the collective effort to embrace technology for a sustainable future.
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“Harnessing Energy Management for Sustainability and Efficiency”
Data centers are pivotal infrastructures in the digital transformation era, consuming up to 50 times more energy than typical commercial spaces. This energy demand positions data centers as key contributors to the U.S.’s overall electricity consumption. Recognizing this, implementing building energy management systems (BEMS) is crucial in mitigating the environmental impact and operational costs associated with data centers. BEMS optimizes cooling systems to prevent equipment overheating, thereby enhancing energy efficiency by leveraging real-time data. Such systems reduce the power usage effectiveness (PUE) ratio, highlighting a move toward more sustainable consumption patterns and ensuring data centers’ operational continuity. Integrating seamlessly with existing infrastructure, BEMS offers a comprehensive approach to energy management, enabling more innovative cooling, efficient power usage, and predictive maintenance. This transition highlights a commitment to environmental responsibility and fosters operational efficiency, setting a new standard for data center operations worldwide.
“Revolutionizing Building Efficiency With Advanced Energy Management Systems Optimized Usage”
In push toward sustainability, building energy management systems (BEMS) stands at the forefront of innovation, integrating sophisticated hardware such as sensors, actuators, controllers, and more to manage and reduce energy consumption in buildings meticulously. These systems work in concert to monitor environmental conditions and adjust heating, ventilation, and air conditioning (HVAC) settings in real time, leading to significant energy savings. BEMS provides valuable data that helps identify savings opportunities, while networking tools ensure seamless communication between devices by precisely tracking energy flow through meters. Servers process vast amounts of data, enabling detailed analysis and actionable insights to refine energy use further. Additionally, comprehensive services, including customized consultations and dedicated support, ensure that each BEMS is tailored to a building’s unique needs, providing efficient operation and extended system longevity. BEMS exemplifies the strategic shift toward more sustainable and operationally excellent building management through the collaborative synergy of hardware, software, and expert services.
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“Schneider Electric SE at the Forefront of Building Energy Management Systems Market with a Strong 13.97% Market Share”
The key players in the Building Energy Management Systems Market include Schneider Electric SE, Honeywell International Inc., Azbil Corporation, Emerson Electric Co., Johnson Controls International PLC, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Building Energy Management Systems Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Building Energy Management Systems Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Building Energy Management Systems Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
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“Dive into the Building Energy Management Systems Market Landscape: Explore 180 Pages of Insights, 566 Tables, and 26 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsBuilding Energy Management Systems Market, by ComponentBuilding Energy Management Systems Market, by TypeBuilding Energy Management Systems Market, by ApplicationBuilding Energy Management Systems Market, by Deployment ModeBuilding Energy Management Systems Market, by End-UseAmericas Building Energy Management Systems MarketAsia-Pacific Building Energy Management Systems MarketEurope, Middle East & Africa Building Energy Management Systems MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
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Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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Artificial Intelligence
Terra Drone, Unifly, and Aloft Launch UTM Development for AAM Targeting Global Markets
TOKYO, April 25, 2024 /PRNewswire/ — Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV (“Unifly”) and Aloft Technologies Inc. (“Aloft”) focused on UAS Traffic Management (UTM) for AAMs targeting global markets. Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S. This collaboration marks the world’s first-ever joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.
The three companies pursue joint UTM development to capitalize on the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), set to revolutionize transportation. Morgan Stanley forecasts the Urban Air Mobility (UAM) market to reach $1 trillion by 2040 and $9 trillion by 2050 (1), with eVTOLs gaining global recognition through test flights and prototype showcases.
The companies proudly announce initiatives to enhance their existing UTM platforms in anticipation of the surge in eVTOL aircraft and drone activities. The shared vision for the UTM platform is to enable safe and efficient flight operations for eVTOLs and drones in the foreseeable future.
Recognizing the evolving needs of the AAM industry, they are dedicated to extending their platform by incorporating crucial additional functions. These enhancements, designed with automation at their core, aim to streamline operational efficiencies and pave the way for the integration of their increasingly automated UTM technology into the design and operational framework of AAMs. Through these efforts, they aim to set new standards in UTM and to facilitate the seamless integration of eVTOLs and drones into the national airspace, bolstering the potential for the AAM industry.
Through this initiative, they aim to build a global UTM infrastructure that kickstarts the AAM industry worldwide, creating a cohesive ecosystem that supports AAM growth and addresses broader challenges of urban mobility, sustainability, and air traffic safety.
Notes to Editor:
Research by Morgan Stanley in a report titled “eVTOL/Urban Air Mobility TAM Update: A Slow Take-Off, But Sky’s the Limit” https://advisor.morganstanley.com/the-busot-group/documents/field/b/bu/busot-group/Electric%20Vehicles.pdf]
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