Global Tire Market 2017 – Bridgestone Corporation, Groupe Michelin France, Goodyear Tire & Rubber Co., Continental AG Germany

The global tire market has witnessed a moderate growth over the past few years. Some of the major driving factors include technological advancements, rapid urbanization, improving standard of living and inflating incomes of the consumers.

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IMARC Group’s latest report, titled “Tire Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global tire market reached a volume of nearly 3 Billion Units in 2016, growing at a CAGR of around 4.5% during 2009-2016. An increase in the demand for tires is closely associated with an increase in the demand for vehicles. Old vehicles also require replacement of worn-out tires, leading to a steady global demand for tires in the market. Moreover, the rising use of vehicles for agricultural purposes and heavy industrial transportation is adding to the market growth. Apart from this, the trend of customization of vehicles by the affluent consumers has also resulted in an increased demand for tires globally.

Highlights of the Global Tire Market:

  • Thriving automobile sector and rapid urbanization represent the primary growth-inducing factors.
  • On the basis of application, passenger car/light truck tire accounts for the majority of the market share.
  • China holds the majority of the global share, representing the leading market.

A surge in the demand for passenger vehicles and tractors/trailers worldwide has resulted in the growth of the global automobile sector. Rising focus on the manufacturing of high-quality tires has led to technological advancements and increasing radialization of tires, offering several benefits such as longer life, lower fuel consumption and CO2 emissions, and improved safety and ride quality. This factor has been highly proactive in contributing to the market growth. Further, the introduction of tubeless tires has also positively influenced the market owing to their use in the assembling of new vehicles. Some of the other factors stimulating the growth of the global tire market include increasing population, inflating incomes, rapid urbanization, improving standard of living and increased construction activities. According to the report, the market is further expected to reach a volume of more than 3.5 Billion Units by 2022.

Based on application, passenger car/light truck tire accounts for the majority of the global market share. The market has also been analysed on the basis of segments covering replacements and OEM, where replacements dominate the market. Geography-wise, China represents the biggest market for tires, accounting for the majority of the total global share. The other major markets include Europe, the United States, Japan, India and Brazil. Some of the key players operating in the market are Bridgestone Corporation, Groupe Michelin France, Goodyear Tire & Rubber Co., Continental AG Germany, Pirelli & C SpA, Sumitomo Rubber Industries Ltd., Hankook Tire Co., Yokohama Rubber Corp., Cheng Shin Rubber, Zhongce Rubber Group Co.

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The report has examined the global tire market on the basis of:

Application:

Passenger car/light truck
Commercial tires (trucks)
Commercial tires (off-highway)

Segment:

Replacements
OEM

Region:

China
Europe
United States
Japan
India
Brazil

Major Manufacturers:

Bridgestone Corporation
Groupe Michelin France
Goodyear Tire & Rubber Co.
Continental AG Germany
Pirelli & C SpA
Sumitomo Rubber Industries Ltd.
Hankook Tire Co.
Yokohama Rubber Corp.
Cheng Shin Rubber
Zhongce Rubber Group Co.

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GCC Tire Market @ www.imarcgroup.com/gcc-tire-market

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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Global Baby Food and Infant Formula Market Overview 2017, Demand by Regions, Types and Analysis of Key Players

The global baby food and infant formula market has witnessed a positive growth over the past few years. Increasing health concerns and growing demand for organic baby foods are the major drivers for the market growth.

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The latest report by IMARC Group, titled “Baby Food and Infant Formula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global baby food and infant formula market reached a value of nearly US$ 48 Billion in 2016. Since babies lack teeth to chew effectively, mashed and minced fruits, vegetables, cereals, etc. are provided to complete the essential nutrients required by their body for further growth and development. Baby food refers to any soft food which can be easily consumed by babies under the age of 2 years, whereas, infant formula is made from processed food for infants as a replacement for breast milk.

Highlights of the global baby food and infant formula market:

  • Increasing expenditure on high-quality products by the parents remains the major growth factor for the market.
  • Milk formula is the most popular product type, accounting for the majority of the total market.
  • Asia Pacific represents the largest market for baby food and infant formula and holds the majority of the global share.

Rising health awareness among the parents about the development of the baby and rising instances of malnutrition are the major growth-inducing factors for the market. An increase in the number of working women and the growing need for portable nutritious food for their babies has further encouraged the market growth. Further, several mothers are unable to breastfeed their baby due to insufficient production of milk resulting from breast reduction surgery, having multiple kids or giving birth at a later age. This has facilitated the demand for baby food and infant formula. Moreover, organic baby foods have garnered much attention in recent years as they are free from pesticides and chemicals. Owing to this, parents are ready to spend more for the wellbeing of their baby, thereby increasing the demand for the products globally. According to the report, the market is expected to reach a value of around US$ 65 Billion by 2022, exhibiting a CAGR of more than 5% during 2017-2022.

The market is segregated on the basis of product type, wherein milk formula represents the largest type. Other major types include dried baby food and prepared baby food. The market is further segmented on the basis of distribution channels. Supermarkets and hypermarkets account for the majority of the market share, followed by pharmacies and convenience stores. Region-wise, Asia Pacific represents the leading market of baby food and infant formula. Asia Pacific is followed by North America, Europe, Latin America, and Middle East and Africa. On evaluating the competitive landscape of the market, it is found that the key players include Abbott Laboratories, Nestle, Danone, Mead Johnson and Kraft Heinz.

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The report by IMARC Group has examined the global baby food and infant formula market on the basis of:

Type:

  • Milk Formula
  • Dried Baby Food
  • Prepared Baby Food
  • Other Baby Food

Distribution Channel:

  • Supermarkets and Hypermarkets
  • Pharmacies
  • Convenience Stores
  • Others

Region:

  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East and Africa

Major manufacturers:

  • Abbott Nutrition
  • Nestle
  • Danone
  • Mead Johnson
  • Kraft Heinz

Browse related reports:

Organic Baby Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

Oats Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Fluid Milk Market Share, Size , Price Trends and Forecast 2017-2022

The global fluid milk market has witnessed a steady growth over the past few years. Some of the major driving factors include rising disposable incomes, evolving value-added products, continuous R&D and government support.

IMARC Group’s latest report, titled “Fluid Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global fluid milk market reached a volume of more than 210 Billion Litres in 2016, growing at a CAGR of nearly 2% during 2009-2016. Milk is considered an important part of a balanced diet for people of all ages. It provides a wide range of vitamins and minerals which are vital for a healthy body, such as calcium, potassium, proteins, iodine, phosphorous and vitamin B2 and B12. Daily consumption of milk and milk products help in developing muscles, managing weight, improving bone and teeth health, as well as preventing obesity, cancer, high blood pressure, cardiovascular diseases, type-2 diabetes and depression.

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Fluid Milk Market

Highlights of the Global Fluid Milk Market:

  • Inflating incomes of the consumers represent the primary growth-inducing factor.
  • Growing popularity of dairy foods supported by rising health-consciousness among the consumers has stimulated the market growth.
  • Asia holds the majority of the global share, representing the largest market.

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One of the major factors positively affecting the global demand for fluid milk is the increasing purchasing capacity of the consumers, resulting in a rise in the per capita milk consumption. The evolving value-added products, owing to the growing popularity of dairy foods supported by rising health-consciousness among the consumers, have further facilitated the expansion of the market. Apart from this, manufacturers’ focus on continuous R&D and strong marketing strategies has been able to innovate the whole dairy chain, contributing to the market growth. Some of the other drivers of the market include growing population, developing distribution channels and strong government support. According to the report, the market is further expected to reach a volume of more than 240 Billion Litres by 2022.

The market has been segmented on the basis of region. Currently, Asia represents the leading producer of fluid milk, accounting for two-fifth of the total global share. Asia is followed by the European Union, North America, Eastern Europe, Latin America and Others. Some of the key players operating in the market include Lactalis Group, Nestlé, Fonterra, Friesland Campina, Danone, Dairy Farmers of America, Arla Foods, Saputo and Dean Foods.

The report has examined the global fluid milk market on the basis of:

Region:

  • Asia
  • The European Union
  • North America
  • Eastern Europe
  • Latin America
  • Others

Major Manufacturers:

  • Lactalis Group
  • Nestlé
  • Fonterra
  • Friesland Campina
  • Danone
  • Dairy Farmers of America
  • Arla Foods
  • Saputo
  • Dean Foods

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Organic Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

GCC Fresh Milk Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

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Global Television Advertising Market Share, Size, Research And Forecast 2017-2022

Television represents one of the most popular modes of advertising. Some of the factors contributing to the growth of the global television advertising market are advancements in technology, strong emotional impact on the consumers, increasing penetration of television sets across emerging regions, etc.

IMARC Group’s report, “Global Television Advertising Market Report & Forecast 2017-2022”, finds that the global television advertising market reached a value of US$ 232 Billion in 2016, growing at a CAGR of 7% during 2009-2016. The primary factor which has led to this growth is the rising number of television sets, especially in the emerging markets. In recent times, the sales of television sets have increased immensely, as around 1.6 Billion households are estimated to own at least one television set. Consequently, the advertisers have gained an opportunity to capture the attention of a huge section of the audience on a single platform and endorse their products and services. Considering the growing popularity of television advertising in the emerging regions, the report further predicts its market to reach a value of US$ 290 Billion by 2022.

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Television Advertising Market.jpg

The report analyses the market trends of television advertising and evaluates the influences which have led this market to overtake other mediums of advertising. Television advertising synthesizes sound with visual graphics which prompt a powerful emotional impact on the viewers and tends to create a lasting impression on their mind. This substitutes for the psychological impact extended by print-advertising or radio-advertising as these target only the optical senses and auditory senses respectively, thereby failing to have a powerful overall impression. Television advertising also facilitates the advertisers to devise ad-content bearing in mind the needs and demands of the target audience.

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The report makes a thorough evaluation of the market on the basis of service types which are segmented as terrestrial, multi-channel and online television. Although the terrestrial network owns the largest market share, online television emerges as the fastest growing medium of television advertising. Further, the report provides a segmentation of the key regions which include North America, Asia-Pacific, Western Europe, Latin America, Eastern Europe and Middle East & Africa. Currently, North America represents the largest market for television advertising. The report has also covered the competitive landscape of the market with the key players being CBS, Comcast, News Corporation, Viacom and Cox Communications.

This report provides a deep insight into the global television advertising market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, key market drivers and challenges, recent trends, Porter’s five forces analysis, television advertising pricing models, margins in television advertising, etc. This report is a must-read for entrepreneurs, researchers, consultants, investors, business strategists, and all those who have any kind of stake or are planning to foray into the television advertising industry in any manner.

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Global Advertising Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Cheese Market Share, Size and Forecast 2017-2022

The applications of cheese in the culinary traditions around the world are increasing due to its growing popularity among the consumers. Owing to this, the global cheese market is expected to grow at a significant rate in the coming years.

The latest report by IMARC Group titled, “Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global cheese market has grown at a CAGR of 2.1% during 2009-2016, reaching a volume of around 19 Million Tons in 2016. Cheese is made chiefly from four basic ingredients namely, milk, salt, lactic acid bacteria and rennet. However, various combinations of herbs, spices, seasonings and blends are used to create different varieties of cheeses based on the cultural preferences. Some of the most popular cheese varieties available around the world include gouda, cheddar, mozzarella, asiago, feta, gorgonzola and American cheese. According to the report, the market is further expected to at a CAGR of 6.5% during 2017-2022, reaching a volume of around 26 Million Tons by 2022.

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Cheese Market In India.jpg

There are a number of factors which are currently driving the growth of the global cheese market. The increasing popularity of cheese among the consumers is the major factor, as a result of which cheese is being used in a number of culinary traditions. Apart from this, considering increasing health awareness among the consumers, cheese makers are introducing new varieties of cheese with enhanced taste and nutritional value. For instance, many varieties of cheeses are a rich source of calcium, high-quality protein, niacin, phosphorus and vitamins A and B12. Owing to this, cheese provides several health benefits including increased absorption of minerals from the digestive tract, strengthening of the skeletal system, prevention from cardiovascular diseases and facilitating a smooth functioning of the nervous system. Apart from this, as cheese is lactose-free it also proves beneficial for those who are lactose intolerant or allergic to milk products. Some of the other factors influencing the growth of the market are rising population, increased disposable incomes, product premiumisation, etc.

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The report has segmented the market on a regional basis. Some of the regions covered in the report include European Union, Latin America, Asia, Eastern Europe, North America and Oceania. Amongst these, the European Union represents the largest producer of cheese, accounting for almost half of the total global production. Apart from this, the report also provides a thorough analysis of the competitive landscape of the market. Some of the major players operating in the market are Lactalis Group, Fonterra, FrieslandCampina, Dairy Farmers of America, Arla Foods, Bongrain SA, Land O’Lakes, Hilmar Cheese Company and MolkereiAmmerland.

This report provides a detailed roadmap for setting up a cheese manufacturing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the essential aspects of the cheese industry. This ranges from a comprehensive view of the global cheese market to minute details of the industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the cheese industry in any manner.

Browse more related reports:

Cheese Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021

Dairy Industry in India 2017 Edition: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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Global Generic Drugs Market Size, Share, Growth And Forecast 2017-2022

The global generic drugs market has witnessed a rapid growth in recent years. Some of the factors which have helped in the market growth of generic drugs are their performance characteristics, cost-effectiveness, reduced investments in R&D, patent expiry of the branded drugs, etc.

The latest report by IMARC Group titled, “Generic Drugs Market: Global Industry Trends, Manufacturing Process, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global generic drugs market reached a value of nearly US$ 230 Billion in 2016, growing at a CAGR of more than 7% during 2010-2016. Generic drugs have the same active ingredients and possess similar performance characteristics as their branded variants, such as strength, quality, form, effect, intended use, side effects, route of administration, therapeutic effect, etc. These drugs are manufactured under the same rules and regulations of manufacturing practices required for branded drugs. However, they are sold under their chemical names rather than the brand names.

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Generic Drugs Market

Highlights of the global generic drugs market:

  • The market is driven primarily by their affordability.
  • The USA represents the largest market for these drugs, accounting for the majority of the share.
  • The market is expected to reach a value of around US$ 360 Billion by 2022.

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The cost-effectiveness of the generic drugs has emerged as one of the major factors which has contributed in influencing the growth of the market. These drugs require low investments in research & development, which brings down the cost of manufacturing significantly. This has encouraged the government and third-party payers to promote the manufacturing of these drugs and save billions of dollars on healthcare expenditures. Apart from this, the patent expiry of the branded drugs is also an essential factor which provides encouragement to the generic drugs market. Most branded drugs come with a lifespan of 20 years during which other manufacturers cannot sell the branded drugs under their companies’ name. However, when the patent protection expires, the manufacturing rights of these drugs is available to the other manufacturers. Some of the other growth inducing factors include rising aging-population, increasing prevalence of chronic diseases, and incentives offered to physicians and pharmacists to promote generics. Further, the market is expected to reach a value of nearly US$ 360 Billion by 2022.

The report has segmented the market on a regional basis. Some of the major markets for generic drugs include USA, China, Brazil, Germany and France. Amongst these, USA is the largest market, accounting for the majority of the share. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are Teva Pharmaceuticals, Novartis–Sandoz, Mylan, Freseunis, and Hospira.

The report has examined the global generic drugs market on the basis of:

Key Regions:

  • USA
  • China
  • Brazil
  • Germany
  • France

    Key Players:

  • Teva Pharmaceuticals
  • Novartis – Sandoz
  • Mylan
  • Freseunis
  • Hospira

Browse more related reports:

US Generic Drug Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

Canada Generic Drug Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Male Toiletries Market Share, Size, Price Trends and Forecast 2017-2022

The global male toiletries market has witnessed a moderate growth over the past few years. Some of the major driving factors include rising image consciousness, influential advertisements, improving living standards, surging incomes and premiumization of products.

IMARC Group’s latest report, titled “Male Toiletries Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global male toiletries market reached a value of around US$ 24 Million in 2016. A surge in the trend of personal grooming and rising concerns about physical appearance among men have boosted the demand for male toiletry products. In line with this, most international brands have introduced male variants of their personal care and grooming products, such as deodorants, sunscreens, moisturizers, etc. A number of start-ups offering male grooming services and products have also emerged in the recent years.

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Male Toiletries Market.jpg

Highlights of the global male toiletries market:

  • Rising consciousness about physical appearance and product endorsements by celebrities have majorly contributed to the market growth.
  • On the basis of distribution channels, supermarkets/hypermarkets account for the majority of the sales.
  • Europe represents the largest market, holding the majority of the global share.

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Aggressive marketing by the manufacturers is the major factor resulting in the expansion of the male toiletries market worldwide. Increasing portrayal of influential men endorsing the products has resulted in rising consciousness among the consumers regarding their physical appearances. This has led to a surge in the demand for male toiletries, mainly in the developed regions. Further, the prevalence of online retail has offered the consumers an option to buy the products at their convenience, thereby contributing to the growth of the market. Apart from this, targeted advertising is facilitating the expansion of the market in the emerging regions. Some of the other drivers include inflating incomes, rising standard of living, product premiumisation and expanding distribution networks. According to the report, the market is further expected to reach a value of more than US$ 29 Million by 2022, exhibiting a CAGR of around 3.5% during 2017-2022.

The male toiletries market has been segregated on the basis of products. Currently, deodorants represent the most popular product type followed by hair care, skin care, and bath products. On the basis of type, the market has been segmented as mass and premium products. Based on distribution channels, supermarkets/hypermarkets hold the majority of the sales, followed by pharmacies, departmental stores, speciality stores and others. On the basis of region, Europe represents the leading market. The other major markets include Asia-Pacific, North America, Latin America, and Middle East and Africa. An analysis of the competitive landscape finds that the key players operating in the market are L’Oréal, Procter & Gamble (P&G), Beiersdorf, Shiseido and Unilever.

The report has examined the global male toiletries market on the basis of:

Type:

  • Mass Product
  • Premium Product

Product:

  • Deodorants
  • Hair care product
  • Skin care product
  • Bath products

Region:

  • Europe
  • Asia-Pacific
  • North America
  • Latin America
  • The Middle East and Africa

Major Manufacturers:

  • Beiersdorf
  • L’Oréal
  • Procter & Gamble (P&G)
  • Shiseido
  • Unilever

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Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations.Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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