Goat Milk Cosmetics Market - Global Outlook & Forecast 2022-2027
The report considers the present scenario of the goat milk cosmetics market and its market dynamics for the period 2022−2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyses leading companies and several other prominent companies operating in the market.
The global goat milk cosmetics market to grow at a CAGR of over 8% during 2021-2027.
MARKET OPPORTUNITIES
- Premiumization Of Beauty Products
- Diversifying Product Portfolios
- Social Influencers Reshaping the Cosmetics Market
The demand for goat milk cosmetics is influenced by growing demand for ethical cosmetics, growing consumption of skin care products and shifting demand from luxury brands to artisanal products
GOAT MILK COSMETICS MARKET SHARE AND SEGMENTATION
Bathing accessories segment hold the highest revenue share in the market; however, market for other goat milk cosmetics products such as lip balm and shaving cream is expected to observe the highest growth rate at a CAGR of 8.99% (by value) during 2022-2027, due to the increasing demand for these products in the market.
The change in demand from mass beauty goods to luxury premium items tailored to the needs of the consumer has created a plethora of opportunities for new products to enter the goat milk cosmetics market
Segmentation by Product Type
- Bathing Accessories
- Skin Care
- Hair Care
- Foot Hand & Nail Care
- Other
Segmentation by Distribution Channel
- Specialty Stores
- Supermarkets & Hypermarkets
- Drug Stores
- Online Channels
- Others
COMPETITIVE LANDSCAPE
The market consists of various vendors including Dionis, Bend Soap Company, Ziaja and others. There is intense competition among vendors for market share. The goat milk cosmetics business is extremely fragmented, with local, regional, and multinational suppliers operating all over the world. However, the number of global players is limited, and the growing popularity of natural cosmetics has given rise to a wave of domestic and local vendors in the business, all of whom pose a major challenge to vendors worldwide.
Companies are developing products for specific skin conditions. For example, Bend Soap Company, a goat milk soap company, has created goat milk soap for those with specific skin conditions, including eczema, acne, and sensitive skin
Key Company Profiles
- Dionis
- Bend Soap Company
- Ziaja
- Gorgeous Soaps
- Sunaroma
- Crabtree & Evelyn
- Legend’s Creek
- Horse O Peace
- Dr Squatch
- Zum Bars
- Beekman
- Nubian Heritage
- Windrift Hills
- Bates Family Farm
- Lover’s Care
- Goat Milk Stuff
- Harvest Hill Skincare
- Sun Hill Skincarel
- Little Seed Farm
- Kate Somerville
- Haute Goat
- Chivas Skin Care
- Whey Organic Cosmetics
- Mt Capra (Whey Organic Cosmetics)
- Billie Goat Soap
GEOGRAPHICAL ANALYSIS
North America region was the biggest revenue contributors in the goat milk cosmetics market. However, the Asia- Pacific region is expected to witness the highest growth rate during the forecast period.
Segmentation by Geography
US
Canada
China
South Korea
Japan
India
Germany
UK
France
Italy
Brazil
Mexico
Saudi Arabia
UAE"
"The report considers the present scenario of the Indian construction equipment market and market dynamics for the forecast period 2022−2028. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with a segment analysis of the Indian construction equipment market.
India construction equipment market is is expected to grow at a CAGR of 8.9% during 2022-2028
KEY HIGHLIGHTS IN THE REPORT
- India is the largest market for Backhoe loaders in the world. The equipment is highly flexible, cheaper, and can operate on muddy and uneven surfaces, making it extremely popular in the Indian construction market.
- Various civil engineering works and smart city projects prompt demand for mini excavators in the market. The real estate and affordable housing projects support the demand for large towers and fixed cranes in the Indian market.
- The infrastructure investment in 2021 and the national infrastructure development plan drive the construction industry growth. The government's focus on renewable energy resources for power generation will attract significant FDI inflows in 2021.
- The surge in commodities prices and rise in demand for coal and iron ore in the market supports the country's mining industry growth. And government initiatives of make in India & Amtanirbar Bharat encourage the development of manufacturing sectors.
- The surge in infrastructure development projects across India such as Delhi-Mumbai Trade Corridor ($90 billion), Gujarat International Finance Tec-City ($20 billion), Chennai Metro Rail ($14.9 billion) and Diamond Quadrilateral ($13 billion). The Indian Railway infrastructure will see an investment of $715.4 billion by 2030. The Indian energy sector is expected to offer an investment opportunity by $300 billion over the next 10 years. In 2020-2021, the communication sector had allocated $5.36 billion to develop the post and telecommunications departments.
- Real estate sector in India is expected to reach $1 trillion by 2030. As per the projected growth trends during the pre-COVID-19 era, the sector’s contribution was likely to rise to 13% of India’s GDP by 2025. As per ICRA estimates, Indian firms are expected to raise $48 billion through infrastructure and real estate investment trusts in 2022.
- According to ICEMA, apart from COVID-19 related supply chain disruptions, the construction equipment industry is facing the challenges due to abnormal increase in steel prices since July 2020. In 2022, demand for steel is expected to increase by 17% to 110 million tones, driven by rising construction activities.
INDIA CONSTRUCTION EQUIPMENT MARKET SEGMENTATION
- The earthmoving segment is the largest in the Indian construction industry, followed by material handling and road construction equipment. Excavators and Backhoe loaders were the fast-growing major construction equipment in the market in 2021. The demand for excavators and backhoe loaders will rise due to various government investments in infrastructure development, growth in renewable energy and the country's mining industries.
Segmentation by Earthmoving Equipment:
- Excavator
- Backhoe Loaders
- Motor Graders
- Other Earthmoving Equipment (Others loaders, Bulldozers, Trenchers)
Segmentation by Road Construction Equipment
- Road Rollers
- Asphalt Pavers
Segmentation by Material Handling Equipment
- Crane
- Forklift & Telescopic Handlers
- Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts)
Segmentation by End Users
- Construction
- Manufacturing
- Mining
- Others
VENDOR LANDSCAPE
JCB is the leading manufacturer of Backhoe loaders in India. ACE is India’s leading material handling and construction equipment manufacturing company with a majority market share in hydraulic cranes, mobile cranes and tower cranes segment.
Key Vendors
- Caterpillar
- Komatsu
- Volvo Construction Equipment
- JCB
- XCMG
- SANY
- Hyundai Construction Equipment
- TATA Hitachi
- Liebherr
- Kobelco
- Zoomlion Heavy Industry Science & Technology Co. Ltd
- L&T Construction & Mining Machinery
- Action Construction Equipment Limited
Distributor Profile
- V Enterprises
- OMCME
- GS Sethi & Sons
- MM Brothers
- Gainwell Commosales Pvt. Ltd.
- Encore