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The global handbag market size was valued at USD 47.0 billion in 2018 and is anticipated to witness significant growth in the forecast period. Rising women workforce, along with increasing brand awareness, is driving the demand for the product over the world. Over the past few years, demand for handbags has increased due to growing availability of designer bags in different varieties. Increased usage of handbags among working class women on a global level is expected to remain a key trend in the market. In addition, rapid growth of the corporate and organized sectors has been fueling the demand for the product in the countries including China, India, South Korea, and Indonesia. Read More »
The global facial care market size was valued at USD 94.2 billion in 2018. Rising awareness regarding importance of facial products in order to maintain a healthy skin, to enhance skin appearance, and minimize skin conditions is driving the industry of these products. In addition, growing spending power of the working class population in the emerging economies including China, India, and Brazil is leading to a rise in demand for these beauty products. In the past few years, facial care products have contributed to almost 70.0% share of the overall revenue in the skin care market. Read More »
The global dodecanedioic acid market size is expected to reach USD 678.4 million by 2025, according to a new report by Grand View Research Inc., registering a 5.9% CAGR during the forecast period. Increasing use of d... Read More »
The global lip powder market size is expected to reach USD 525.9 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.3% over the forecast perio... Read More »