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Wednesday 31 July 2019

Window Covering Market by Leaders, Key Topics and Applications Worldwide 2019-2025

[31 july 2019] The global window covering market size is expected to reach USD 36.8 billion by 2025, expanding at a CAGR of 4.2%. Increasing number of households, rising per capita income, and rapid urbanization in emerging countries are some of the major factors driving the industry.
Blinds and shades accounted for 39.5% share of the overall revenue in the market based on type of the coverings. Changing trends and introduction of technologies in the product are some of the factors driving the segment. Curtains accounted for 31.5% share of the overall revenue due to their easy accessibility and cost-efficient features.
On the basis of application, the residential sector dominated the window covering market with a share of 55.8% in 2018. Increasing households in countries such as India and China due to rapid urbanization and various government schemes are among the prominent factors for the segment growth. The commercial sector is expected to expand at the fastest CAGR of 4.2% in the forecast period. Growing hospitality industry due to increasing tourism in countries such as Thailand, Malaysia, and other European countries are driving the segment.
The offline segment accounted for 84.6% share of the overall revenue. Purchasing behavior of the consumer from wholesalers and other home decor outlets is likely to drive the segment in the forecast period. The online segment is anticipated to register the fastest CAGR of 4.7% over the forecast period. Growing usage and penetration of internet in the rural areas is anticipated top fuel the segment growth in the forecast period.
North America is the leading regional market and it accounted for 40.0% share of the overall revenue in 2018. Growing usage of various types of products due to emerging technologies and frequent changing trends are some of the prominent factors boosting the market growth in the region. Asia Pacific is expected to emerge as the fastest growing region over the forecast period. Increasing number of households and growing commercial sectors such as tourism and corporate sector are driving the market in the region.
Further key findings from the report suggest:
• By type, blinds and shades are projected to ascend at a CAGR of 4.5% over the forecast period
• By application, the residential sector held the largest share in the market
• The offline channel held an overall revenue share of 84.6% in 2018
• Asia Pacific is expected to be the fastest growing regional window covering market with a CAGR of 5.1% over the forecast period.
Table of Contents:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis 
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Continued...
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com

Kitchen Sinks Market Opportunity, Strategies and Challenges, 2019-2025

[31 july 2019] The global kitchen sinks market size is expected to reach USD 3.1 billion by 2025, expanding at a CAGR of 3.7%. Surge in the number of households in various countries, increasing hotels and restaurants across the globe, and rising disposable income are some of the prominent factors for the growth of this market.
Metallic sink is the most preferred material type and it accounted for 52.4% share of the overall revenue in 2018. They are available in various metals such as stainless steel, cast iron, and copper. Stainless steel sink is the most famous one owing to its characteristics such as corrosion resistance, fire and heat resistance, hygiene, strength to weight advantage, ease of fabrication, impact resistance, antibacterial value, and long-term value. Moreover, availability of metallic sinks in a variety of installation types, including under mount and top mount, is driving the segment.
The single bowl segment dominated the kitchen sink market and accounted for the majority of the share in 2018. Growing need for a nucleated family across the globe is increasing the demand for the lesser number of bowls in the kitchen sinks for the cleaning and washing purposes. Demand has also increased after the invention of dishwashers as there is no need for separate cabinet in one sink for dirty utensils and clean water for rinsing in the other. Other factors such as space requirement for installations, number of people using kitchen at a time, and the way people tend to clean up are also some of the deciding criteria for the installation of kitchen sinks.
Asia pacific dominated the market with a share of more than 44.0% in 2018. In Asia Pacific, China contributes to the majority of share and is expected to register a CAGR of 4.0% over the forecast period. Demand is increasing in the region due to rise in the number of households. As per the survey, almost more than 450 million houses are registered in China. Luxury lakeside homes and high rise apartments are coming up fast in China, leading to the growth of this market.
Further key findings from the study suggest:
• By material, the metallic segment is projected to ascend at a CAGR of 3.9% over the forecast period
• By number of bowls, single bowl held 37.9% share of the overall revenue in 2018
• Asia Pacific is expected to emerge as the fastest growing region in kitchen sink industry with a CAGR of 4.3% over the forecast period
Table of Contents:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis 
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Continued...
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com

Shampoo Bar Market Development Trends, Revenue and Challenges by 2019-2025

[31 july 2019] The global shampoo bar market size is expected to reach USD 17.0 million by 2025, expanding at a CAGR of 7.6% over the forecast period. Increasing awareness regarding environmental friendliness and sustainability among consumers is expected to shift the focus towards zero plastic wastage associated with the personal care products packaging. In addition, growing application of organic hair care products as a result of rising concerns over hazardous effects associated with synthetic counterparts is a key driving factor.
The global market is fragmented in nature due to the presence of a large number of players. Furthermore, rising number of new entrants has increased the market competition as companies are providing innovative and customized products. Manufacturers are adopting various marketing strategies in order to increase the product visibility and product penetration. For instance, in January 2019, Lush Retail Ltd. inaugurated its first packaging free "Naked" cosmetics exclusive outlet in Manchester, U.K. The company aims to reduce plastic wastage from the cosmetic and personal care industries. These initiatives are likely to fuel the demand for shampoo bar in the foreseeable future.
Asia Pacific is expected to be the fastest growing regional shampoo bars market with a CAGR of 8.2% from 2019 to 2025. Over the past few years, recycling of plastic has become a critical concern in Australia. According to the National Waste Report 2018 published by the Department of the Environment and Energy, in the year 2016-17, Australia generated around 103 kg per capita of plastic waste. Out of which, 87% of the plastic wastes went to the landfill, 12% was recycled, and just 1% of the waste was converted into the energy from a waste facility.
This huge plastic wastage is becoming a burden on the environment. In order to eradicate this problem, in 2018, the Department of the Environment and Energy, Australia, announced to ban microbeads from the cosmetic and personal care products packaging. These government initiatives are likely to support the demand for shampoo bar, which comes with no packaging.
Further key findings from the study suggest:
• Online distribution channel is expected to generate a revenue of USD 11.9 million by the end of 2025
• Asia Pacific is projected to expand at the fastest CAGR of 8.2% from 2019 to 2025
• In terms of revenue, North America accounted for the largest share of 65.7% in 2018
• Key players in shampoo bars market include Lush Retail Ltd.; J R Liggett Ltd Inc.; Plaine Products; Osmia Organics, LLC; BEAUTY AND THE BEES PTY LTD.; Oregon Soap Company;The Refill Shoppe;BIOME LIVING PTY. LTD.; Rocky Mountain Soap Company Inc.;and Ethique Beauty Ltd.
Table of Contents:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis 
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Continued...
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com

Online Laundry Service Market is anticipated to grow at a Steady Rate by 2019-2025

[31 july 2019] The global online laundry service market size is expected to reach USD 113.7 billion by 2025, expanding at a CAGR of 35.8% over the forecast period. Increasing awareness regarding personal hygiene and cleanliness is expected to expand the scope of online laundry services.
Increasing penetration of internet based devices as well as m-commerce operations trigger the market demand. Furthermore, rising adoption of fragrance lifestyle has urged the consumers to invest in these facilities with utmost convenience and affordability. The online services provide various facilities incorporating consumer's convenience such as free pick and delivery services, which, in turn, has fueled the market demand.
On-demand laundry services are expected to witness growth as they provide the comfort of availing fresh and clean clothes without taking them to coin operated public machines. Moreover, increasing penetration of smart technology introduced in washing machines benefit in minimizing the chaos of resource exploitation. Overuse of resources such as water and energy are cut through with the advent of new technologies in the laundry industry. For instance, Hydrofinity launched XConnect, which is a cloud based system that tracks the cycle data of laundry including consumption of water and electricity.
The residential application segment held the largest market share owing to the maximum utility of laundry facilities by consumers on a daily basis. Increasing internet penetration across developing countries such as India and China has driven the market for online services. In 2017, China had the largest penetration rate of internet usage, followed by India and U.S. Moreover, shifting trend towards nuclear families poses an advantage for the global market on account of decreased number of members in the family.
Prominent players in the online laundry service market focus on technology aspect to derive the most out of the market. For instance, in October 2018, Hughes, after the acquisition of Armstrong Commercial Laundry Systems, have launched Hughes Pro, a commercial laundry and dishwashing dealership. This dealership supports on premise laundries on a national scale.
Further key findings from the study suggest:
• The residential application segment dominated the global market with a share of over 60.0% in 2018
• North America dominated the global market in 2018 and accounted for 31.8% share of the overall revenue
• Increasing internet penetration in countries such as India and China is anticipated to remain a favorable factor for the APAC market
• The online laundry service industry is highly competitive in nature with the main players including CLEANLY, DhobiLite, FlyCleaners, delivery.com, 'LLC', Laundrapp Ltd., and ZIP JET.
Table of Contents:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis 
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Continued...
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com

Tuesday 30 July 2019

Feminine Intimate Care Market Size, Share, Growth and Industry Challenges, 2019-2025

[30 july 2019] The global feminine intimate care market size is anticipated to reach USD 1.5 billion by 2025, expanding at a CAGR of 3.4% over the forecast period. Rising inclination of women towards female hygiene products owing to increasing risk of health issues in the intimate area leading to various skin diseases has fueled the market growth.
According to the findings, rise in the average age of early puberty has been observed. The average age of puberty among women has decreased to 10 to 11 years, which earlier was 13 years. Unhealthy food habits, obesity, and stress are the main reasons responsible for early puberty in girls.
Developing countries such as Afghanistan, Cambodia, India, and China lack proper hygienic conditions and sanitation facilities. The government is taking initiatives to increase awareness amongst women regarding hygiene products such as intimate wash in rural areas. For instance, the UNICEF organized the Global interfaith WASH Alliance (GIWA) in India to influence the women to maintain hygiene and raise awareness regarding dressing topics such as menstruation.
The female intimate wash accounted for the largest share of 38.4% in 2018. According to a report by Chem Fatale, approximately 40% of American females use intimate wash to keep the area clean and fresh. Intimate wipes are anticipated to register the highest CAGR of 3.9% over the forecast period. According to studies, more than 10% to 15% of women in America use wipes out of which Latina women are the prime users of the wipes.
In 2018, the offline distribution channel accounted for a share of more than 60.0%. Store purchase enables consumers to choose from a large number of product offerings. Presence of a store associate also helps the consumers to choose the correct product suiting their needs. Rise in penetration of e-commerce and smart devices like mobile phones and tablets, along with benefits like easy payment options and discounts offered by the e-retailers, is anticipated to spur the market growth through online distribution channel.
The women intimate care industry is dominated by leading players such as Sanofi; Bayer Group; Namyaa Skincare; C.B. Fleet Company, Inc.; CTS Group; Wet & Dry Personal Care (P) Ltd.; Combe Incorporated; SweetSpot Labs; Sliquid, LLC.; and Honey pot.
Further key findings from the study suggest:
• Offline distribution channel held the largest share of more than 60.0% in 2018 and was valued at USD 756.5 million
• The growth of the online channel segment is due to features such as product comparison, detailed product overview, easy exchange, and refund options. It is expected to expand at a CAGR of 3.6% over the forecast period
• By product type, the wipes segment is expected to register the highest CAGR of 3.9% from 2019 to 2025
• North America accounted for the largest feminine intimate care market share in 2018.
Table of Contents:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis 
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Continued...
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com

Baby Safety Products Market Forecast by Product Type, Key Regions, Demand and Supply by 2019-2025

[30 july 2019] The global baby safety products market size is anticipated to reach USD 132.2 billion by 2025, expanding at a CAGR of 5.0% over the forecast period. Rise in government initiatives regarding infant safety has been driving the global market.
In 2017, out of 3,600 Sudden Unexpected Death Syndrome (SUID) in U.S., 38% of the deaths were due to Sudden Infant Death Syndrome (SIDS), also known as crib or cot death. Centers for Disease Control and Prevention (CDC), launched an initiative named Protect the Ones You Love to raise awareness among parents about the causes of child injury, SIDS, and SUID and how they can be prevented. These factors have been contributing to the demand for baby safety products.
Baby safety products such as monitors, cribs, and strollers provide safety and comfort to the babies either while travelling or when the parents are not around. To keep these products safe for infants, the governments around the world have taken certain initiatives. For instance, in Europe, the United Nations Economic Commission of Europe (UNECE) Regulation No. 44 and Regulation No. 129 have set standards for child restraint systems and every baby car seat must meet these standards.
In 2018, the car seats segment held the largest share of 70.6%. Rising incidents of fatal car accidents is increasing the demand for baby car seats and is one of the prime factors accountable for the large market share. For instance, in China, more than 18,500 children under the age of 14 die annually due to road accidents. To control the number of accidents, manufacturers in China are coming up with new products through online and offline stores. For instance, Alibaba.com offers more than 32,000 baby car seat products.
The offline distribution channel held the largest share of over 70.0% in 2018. The online distribution channel is anticipated to expand at the fastest CAGR of 5.3% from 2019 to 2025. Product comparison feature, detailed product overview, and easy exchange and refund options are making customers comfortable with shopping online.
Asia Pacific is expected to expand at the fastest CAGR of 5.8% from 2019 to 2025. The market in this region is primarily driven by an increase in birth rate and number of working mothers in countries such as China and India. According to EPRA International Journal of Economic and Business Review, the female labor participation rate has increased by 4.1% over the last three decades.
Rise in the number of new births in this region and large population are the major factors contributing to the baby safety products market growth in this region. For instance, according to The National Health and Family Planning Commission (NHFPC), the average number of new births in China each year is estimated to be 17 million to 20 million from 2016 to 2020.
The companies are coming up with new products to cater to consumer needs. For instance, Silver Cross Jet Ultra Compact Stroller folds down to a small size and is ultra lightweight. The industry is dominated by leading players such as Britax Child Safety, Chicco, Dorel Industries, Baby Cache, Baby's Dream Furniture, Baby Jogger, Baby Trend, Combi, Cosatto, Graco, and Land of Nod.
Further key findings from the report suggest:
• Offline distribution channel held the largest baby safety products market share of more than 70.0% in 2018
• The online distribution channel is expected to expand at a CAGR of 5.3% from 2019 to 2025 due to features such as product comparison, detailed product overview, and easy exchange and refund options
• By product type, the monitors segment is anticipated to expand at the highest CAGR of 6.6% from 2019 to 2025
• Asia Pacific is expected to witness the fastest growth over the forecast period due to increase in birth rate and number of working mothers in countries such as China and India, along with growing awareness about infant safety.
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com

Cannabidiol Market by Scope, Size, Opportunities and Growth Rate analysis 2019-2025

[30 july 2019] The global cannabidiol market size is expected to reach USD 9.69 billion by 2025. It is projected to register a CAGR of 32.6% during the forecast period. CO2 is the most majorly used extraction technique to safely and purely extract the cannabidiol (CBD). There is a rise in demand for high CBD hemp biomass, which is expected to propel growth of the CBD market.
Equipment and processing practices differ significantly depending upon cultivation, variety of hemp, available equipment, and standard processes according to regions. Manufacturers are heavily investing in time and resources to maintain consistency in the quality of products. This also includes the development of reliable supply chain.
Manufacturers are focused on R&D activities to develop various strains of cannabis which are CBD rich. Apart from conventional manufacturing of CBD and its products, development of synthetic CBD has been recently introduced. Involvement of biotechnology for production of synthetic CBD has resulted in potential growth of low-cost mass production. However, the product development is still in nascent phase.
There are multiple regulations in place in different countries regarding usage of CBD. In Italy, CBD oil with 5%, 10%, and 50% is permitted to be sold in Italian markets and those categorized under the food aromatic preparation are allowed to be purchased without a prescription. Hash oil that needs prescription can only be legally purchased and prepared by pharmacists in the Galenic Laboratory of Pharmac, which is driving the demand for CBD globally.
Further key findings from the report suggest:
• Market participants are focused on investing in the production and distribution of CBD infused products, in which a French-based wellness company, TONIC, sells a wide range of hemp-derived CBD infused orals and topicals
• Despite the high demand and increasing availability of cannabidiol, there are several uncertainties pertaining to its safety, quality, and legality, restraining the market growth
• Growing marijuana has been legalized in most of the European countries, thereby providing opportunities to start-ups dealing with marijuana-based products to explore the CBD market
• Few prominent states in U.S. such as New Jersey, Delaware, Oklahoma, New Hampshire, Florida, Connecticut, and New Mexico have legalized the use of cannabis only for medical purposes and not for recreational purposes
• In March 2019, Phyto Animal Health and HempMeds, subsidiaries of Medical Marijuana, Inc., collaborated with Mr. Checkout to increase their distribution capacity and expand their market presence worldwide
Table of Contents:
Chapter 1 Methodology and Scope
1.1 Cannabidiol (CBD) Market Segmentation & Scope
1.2 Information Procurement
1.3 Purchased Database
1.3.1 GVR's Internal Database
1.3.2 Secondary Sources
1.3.3 Third Party Perspective
1.3.4 Primary Research
1.3.5 Primary Sources
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Research scope & assumptions
Chapter 2 Executive Summary
2.1 Market Summary
2.2 Segment Outlook
Continued...
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com

Insect Repellent Market size is expected to reach USD 5.8 billion by 2019-2025

[30 july 2019] The global insect repellent market size is expected to reach USD 5.8 billion by 2025, expanding at a CAGR of 7.0% in the forecast period. Increasing pests due to global warming results in rise in the number of insect borne diseases, which is a prominent factor propelling the market growth.
On the basis of product type, vaporizers dominated the market with a share of 29.7% in 2018. The fact that it reduces the effect of pests and do not let humans get out of the place is among the prominent factors for the segment growth. Integration of herbal products has also fuelled the market growth in recent times. Spray is the fastest growing product type, expanding at a CAGR of 7.5% in the forecast period. Wide application and effectiveness make it more popular among the consumer group.
Mosquito repellent is the most selling product based on insect type and it accounted for 51.5% share of the total revenue in 2018. The fact that the most common insect borne disease is caused due to mosquitoes and increasing awareness regarding the product are among the prominent factors for the segment growth. Demand for bugs repellent is also likely to witness a significant rise in the forecast period. Rapid increase in the number of bed bugs and their frequent growth by more than 50.0% every year are likely to boost the segment growth in the forecast period.
Asia Pacific emerged as the largest regional insects repellents market, accounting for 40.0% share of the overall revenue in 2018. India is one of the leading markets for the product and is expected to expand at a CAGR of 8.9% in the forecast period. Growing usage of the product in the rural areas due to replacement of traditional methods with the new pest repellents is propelling the market growth in the region.
Further key findings from the study suggest:
• By product type, vaporiser is expected to expand at a CAGR of 7.0% in the forecast period
• By insect type, mosquito repellent is anticipated to expand at a CAGR of 7.4% in the forecast period
• Countries such as India and Saudi Arabia are projected to witness significant growth in insects repellent market due to increasing number of diseases in the region.
Table of Contents:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis 
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Continued...
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com

Monday 29 July 2019

Alopecia Market Share, Industry Trends, Industry Share and Revenue by 2019-2026

[29 july 2019] The global alopecia market size is anticipated to reach USD 4.8 billion by 2026, registering an 8.3% CAGR during the forecast period. The market is expected to be driven by increase in disease prevalence, technological advancements, and rise in per-capita healthcare expenditures across the globe.
The disease prevalence is increasing due to changing lifestyle patterns, such as increased consumption of alcohol and tobacco, changing food habits, high level of stress, and rising geriatric population. These factors are expected to boost the market over the forecast period. In addition, rising incidences of chronic diseases such as Polycystic Ovary Syndrome (PCOS), cancer, and rheumatoid arthritis are likely to fuel market growth.
Statistics presented by the National Alopecia Areata Foundation states that 147 million people worldwide, including 6.8 million people in U.S. alone, are affected by alopecia areata. Growing patient awareness about the disease and its treatment is anticipated to contribute to alopecia market growth. For instance, the Treatment Development Program (TDP) by National Alopecia Areata Foundation has resulted in an increase in research studies pertaining to this condition.
Currently, there are two FDA-approved therapeutics for the condition-Rogaine and Propecia. Generic penetration has significantly increased, following patent expirations of both drugs. However, impending launch of several promising pipeline candidates, such as Jakafi (ruxolitinib), Xeljanz (tofacitinib), Breezula (clascoterone), Lumigan (Bimatoprost), and SM04554 is expected to significantly drive the market in the near future.
Reimbursement coverage for treatment of this medical condition is one of the major challenges in this therapeutic landscape. Since most treatment modalities for this condition are considered cosmetic procedures and not medically essential, they are generally not covered under insurance. Out-of-pocket costs for this disease treatment usually include frequent doctor visits, prescription drug copays, and coinsurance for procedures.
Further key findings from the study suggest:
• High disease prevalence due to changing lifestyle patterns is the main factor driving the alopecia market
• Globally, lack of reimbursement policies will continue to restrain growth
• By disease type, alopecia areata accounted for more than 30.0% of the revenue in 2018
• Androgenetic alopecia, on the other hand, is expected to exhibit a CAGR of over 10.0% through 2026
• Homecare end-use settings are likely to be driven by increasing availability of OTC products and patient convenience
• Geographically, Asia Pacific is expected to demonstrate the fastest regional growth
Table of Contents:
Chapter 1 Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. GVR’s internal database
1.3.3. Secondary sources & third party perspectives
1.3.4. Primary research
1.4. Information Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook 
2.2. Segment Outlook 
2.3. Competitive Insights
Continued...
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
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