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Eyewear Market The global eyewear market is estimated to be valued at US$ 163.01 billion in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period from 2024 to 2031. Eyewear includes all vision correction devices like prescription glasses, contact lenses, and sunglasses. They help treat vision problems like myopia, hyperopia, astigmatism, and presbyopia. The rising prevalence of eye disorders due to changing lifestyles and increased usage of digital devices is a key factor driving demand for eyewear products globally. Key Takeaways Key players operating in the eyewear market are Worksite Lighting LLC, DCD Technologies ME FZCO, Azz Inc., Nemalux Inc., IKIO LED Lighting, Luceco Middle East FZCO, Glamox UK, WAROM Technology MENA FZCO, SA Equip, Shenzhen CESP Co. Ltd., Raytec Ltd., PROLUX International FZ LLC, Hilclare Lighting, Munira Lighting (AL Hatimi Trading FZE), Hubbell Limited, Emerson FZE (Emerson Electric Co.), Current Lighting Solutions LLC (GE). The key o

Sustainable Fashion Market The global sustainable fashion market is witnessing robust growth driven by rising consumer awareness towards ethical and eco-friendly products. Sustainable fashion products focus on reducing the negative impact of fashion industry on the environment through the use of sustainable raw materials, eco-friendly production processes, among others. This includes organic cotton, recycled polyester, plant-based fibers, and upcycled or recycled materials to manufacture clothing and accessories. Such products cause minimal harm to the environment and the people involved in their production. The growing preference for sustainable fashion among environmentally conscious consumers is fueling the Sustainable Fashion Market Demand for sustainable raw materials and production processes across the value chain. The Global sustainable fashion market is estimated to be valued at US$ 11.07 BN in 2024 and is expected to exhibit a CAGR of 23.% over the forecast period 2024 to

Frankincense Extracts Market The global Frankincense extracts market is rapidly gaining popularity owing to its extensive therapeutic benefits and usefulness across numerous end-use sectors, especially pharmaceuticals and cosmetics. Frankincense extracts contain boswellic acids that have anti-inflammatory and anti-cancer properties which are driving their usage in supplementary medicines and healthcare products. Frankincense oil is also widely utilized in aromatherapy for its soothing aroma and pleasant scent. Additionally, it is commonly used in perfumes, moisturizers, scrub creams and toners owing to its skin conditioning attributes. The growing demand for natural and herbal ingredients in cosmetic formulations has boosted the adoption of Frankincense extracts. The Global Frankincense extracts Market is estimated to be valued at US$ 377.4 Mn in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 to 2030. Key Takeaways Key players operating in the Frankincen

Kitchen Organization Market Kitchen organization products help in arranging kitchen utensils and groceries in an organized manner for easy access and maintaining cleanliness. Products such as cabinets, racks, containers are essential for storing items like cups, plates, spices, dry foods etc. The growing need for effectively utilizing small kitchen space and arranging items systematically is driving the demand for kitchen organization products. The global Kitchen Storage Organization Market is estimated to be valued at US$ 161.02 Bn in 2024 and is expected to exhibit a CAGR of 9.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends accelerating the growth of the kitchen storage organization market is the rising adoption of multifunctional and space-saving solutions. Changing lifestyles and smaller living spaces have increased the demand for kitchen storage products that occupy less

Merchandise Designing Market The demand for Merchandise Designing has increased significantly with growing clothing and apparel industry across the globe. Merchandise designing services help companies to enhance their product portfolio and brand image through aesthetic product designs. Services include planning and conceptualizing designs for various apparel products like t-shirts, pants, shorts, skirts, among others. This allows companies to regularly launch new collections and stay ahead of the fast changing fashion trends. The global Merchandise Designing Market is estimated to be valued at US$ 107.13 Mn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising adoption of merchandise designing services by companies has been one of the key trends propelling the market growth. With growing health-conscious consumer base, there is increasing demand for com

Trawl Ropes and Nets Market Trawl ropes and nets are an essential component of bottom and midwater trawling systems used for commercial fishing. Trawl nets are cone or pyramid shaped nets used to catch fish species that swim close to the seafloor, while trawl ropes are used to connect the trawl net mouth to trawl doors or otter boards that keep the net open. Advances in materials such as polyamide, polyester, and polyethylene have enhanced the strength and durability of these products. The global Trawl Ropes and Nets Market is estimated to be valued at US$ 359.05 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing sea food production across various countries is expected to drive the demand for trawl ropes and nets over the forecast period. Global capture fisheries production has been gradually increasing over the years to meet the rising demand fo

Luxury Jewelry Market Luxury jewelry includes fine pieces crafted from precious metals such as gold, silver, and platinum along with gemstones. Luxury jewelry not only enhances aesthetic appeal but also acts as a status symbol. The rising disposable income and changing lifestyle led to higher demand for luxury jewelry pieces. The global luxury jewelry market is estimated to be valued at US$ 68.82 Bn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Consumers today are more inclined towards accessorizing based on their personal style and evolving fashion trends rather than conforming to traditional norms alone. Younger demographics especially consider jewelry as a means of creative self-expression. They are keen on experimenting with modern and unique designs incorporating lesser-used materials that align with their personality. Luxury jewelry brands are innov

Eyewear Market  Eyewear refers to products such as spectacles, sunglasses and contact lenses that are designed to improve vision and visual appearance. They protect eyes from sunlight, poor lighting conditions and screen glare. The increasing awareness regarding vision impairments and risks of digital eyestrain has boosted the demand for corrective and protective eyewear globally. The global eyewear market is estimated to be valued at US$ 141.5 Bn in 2023 and is expected to exhibit a CAGR of 8.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing health concerns and risk of eye diseases has accelerated the demand for protective eyewear products which is one of the key trends driving market growth. Protective eyewear provides safety from UV rays, dust, chemical splashes and other industrial hazards. With increasing outdoor and professional activities, the need for eye protection is rising. Man

Fragrance and Perfume Market The global fragrance and perfume market offers a wide variety of products such as perfumes, fragrances, and fragranced products that offer pleasant aromas. These products are made of essential oils extracted from flowers, plants, spices, and other natural sources. They are widely used for aromatherapy and relaxation purposes. The global fragrance and perfume market is estimated to be valued at US$ 53.85 Bn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Rising demand for natural fragrances is one of the key trends driving growth of the global fragrance and perfume market. Consumers today are increasingly preferring natural and organic fragrance products over synthetic ones due to rising health awareness. This is boosting demand for fragrance and perfumes products made from natural essential oils extracted from plants and flo

Nail Care Market The global nail care market is estimated to be valued at US$ 21.08 Bn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Nail care products including nail polish, nail color, nail treatment, and others are witnessing significant demand majorly from female population. Nail polishes are available in variety of shimmering colors, texture, and formula to cater to evolving fashion and beauty trends. Growing working women population with increased disposable income is favoring adoption of nail care products to enhance personality and appearance. Moreover, products like nail strengtheners help to improve and maintain health of nails. Market key trends: The rise in concern for self-grooming among consumers is one of the major trends fueling growth of the global nail care market. Changing lifestyle, fashion trends, rise of social media, and increased disposable income ha

Luggage Market Luggage consists of bags, cases and containers which hold personal belongings while traveling. Common type of luggage includes duffel bags, suitcases and backpacks. Luggage offers convenience to travelers for smoothly carrying their belongings from one destination to another in an organized manner. The increasing number of people opting for leisure and business travels has augmented the demand for high quality, durable and aesthetic luggage solutions. The global luggage market is estimated to be valued at US$ 177.03 Bn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The increasing travel and tourism is one of the major opportunities propelling the growth of the luggage market. Travel and tourism industry has witnessed a consistent rise over the past few decades on the back of increasing disposable incomes, growing adventure sports trends,

U.S. Fashion Ecommerce Market                                             The U.S. fashion ecommerce market comprises of various fashion items including apparel, footwear, beauty and personal care products primarily sold through online retail platforms. Fashion ecommerce provides consumers with wide variety of options along with convenience of online shopping from homes. Rising penetration of smartphones and internet has made online shopping more accessible, especially for fashion items. The global U.S. Fashion Ecommerce Market is estimated to be valued at US$ 108.01 Bn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The key opportunity driving the growth of the U.S fashion ecommerce market is the rising online spending on fashion products. According to statistics, the online fashion sales in the U.S. increased dramatically to $87.4 billion in 2021 fro

Gift Card Market Gift cards have become a popular choice for both gifting purposes as well as self-use at retail stores and restaurants. Gift cards provide flexibility to customers to choose products of their own choice from a wide array of offerings of the merchant. The global gift card market demand is rising owing to growing preference for digital and plastic gift cards over physical vouchers. The global gift card market is estimated to be valued at US$ 10.70 Bn in 2023 and is expected to exhibit a CAGR of 21% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The increased adoption of e-commerce globally presents a major market opportunity for growth of the gift card market. According to studies, e-commerce sales are estimated to account for over 25% of all retail sales by 2030. Gift cards are increasingly being used as an ideal payment option for online purchases. With rising internet penetration glob

     Fragrance and Perfume Market The fragrance and perfume market consists of fragrance products such as colognes and perfumes that are used for personal hygiene and to enhance one's mood. These products consist of natural essential oils and fragrance compounds mixed with alcohol that provide relaxation and aromatic experiences to consumers. The advantages of fragrance and perfumes include their ability to boost confidence and reduce stress and anxiety. With growing awareness regarding personal grooming and hygiene, there has been an increase in demand for innovative fragrances. The global Fragrance and Perfume Market is estimated to be valued at US$ 53.85 Bn in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity for product innovation through development of unique fragrance combinations is driving the growth of the fragrance and perfume ma

Vegan Cosmetics Market Vegan cosmetics are cosmetic products that do not contain any ingredients derived from animals, along with not being tested on animals. The growing trend of veganism and awareness regarding animal cruelty has propelled the demand for vegan cosmetics. Vegan cosmetics offer the same quality as compared to regular cosmetic products but are free from harsh chemicals and are considered safer for skin and hair. The global vegan cosmetics Market is estimated to be valued at US$ 16.65 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity Changing consumer preferences: Over the past few years, consumer preferences have been rapidly changing towards products that are organic, sustainable and cruelty-free. There is growing awareness regarding the harsh effects of animal testing on cosmetics. This has propelled the demand for vegan cosmetics which