Dry Shampoo Industry Analysis, Business Revenue Forecast, Size, Leading Competitors and Growth Trends

The study uncovered that the global dry shampoo market is expected to grow at a moderate pace, during the forecast period. Due to significant growth in e-commerce, new hair care product advancements and effective advertising, the global dry shampoo market is gaining traction.

According to a new market research report “Global Dry Shampoo Market Size, Share, Development, Growth and Demand Forecast to 2023 - Industry Insights by Product Type (All Natural, Paraben Free, Gluten Free and Others), by Form (Powder and Spray) and by Application (Volume Boost, Oil Remover and Combination)” published by P&S Intelligence, the global dry shampoo market is projected to grow at a CAGR of 6.1% during 2017 - 2023.

Insights on market segments
As per the findings of the research, paraben free dry shampoo accounted for the largest revenue in 2016. Among the forms, spray dry shampoo witnessed higher demand during 2013 - 2016, and it is also expected to register higher growth during the forecast period. Spray dry shampoo has been the larger contributor to the global dry shampoo market in 2016. Spray dry shampoo has become popular as an alternative to regular shampoo in recent years. The spray dry shampoo, apart from being handy and easy to use, makes hair look greasy and stylish without washing.

Dry shampoo market to witness fastest growth in Asia-Pacific
Geographically, North America has been the largest market for dry shampoo. However, the market is expected to witness fastest growth in Asia-Pacific, during the forecast period, due to factors such as growth in cosmetics and haircare industry, advancement in anti-dandruff and anti-hair fall dry shampoos, growth in retail channels, and increasing adoption of new hair care products by a large consumer base. Further, due to rapidly changing fashion trends, the region is likely to adopt dry shampoo at a greater scale in near future.

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The European dry shampoo market has been witnessing moderate growth for past few years. Smoking ban in the U.K., and the trend of working from home has been indirectly impacting the regular shampoo industry in the country. However, this has led to a surge in the demand for dry shampoo in the country, as the shampoo consumers are shifting toward more casual and natural style of hair cleansing. According to an estimate, one out of every five women in the U.K. uses dry shampoo.

Moderate competition among key players in the global market
The research states that the global dry shampoo market is moderately competitive. The players in the market are developing a new marketing and distribution approach to offer dry shampoo. With the declining growth rate of the normal shampoo market, the shampoo manufacturers have started to increase the brand communication of their dry version with consumers, to retain them. The players in the dry shampoo market are offering innovative products such as tinted dry shampoo and glitter dry shampoo. Some of the key players in the global dry shampoo market are L’Oréal, Procter & Gamble, Henkel, Batiste, Sephora, Shiseido, and Klorane.

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Most of the existing vendors in the global dry shampoo market are actively participating in organic and inorganic strategies. Many of them are focusing on operational transformation to enhance their capabilities for new dry shampoo offerings.

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Agricultural Biotechnology Market and its Growth Landscape for the Next Few Years

The rising demand for biofuel and transgenic crops, growing population, regulatory support in Brazil and the U.S., and increasing per capita income are driving the agricultural biotechnology market. It generated a revenue of $28.5 billion in 2016, and it is expected to advance at a CAGR of 10.1% during the forecast period (2017–2023). The utilization of molecular biology tools and techniques, such as molecular markers, plant tissue culture, genetic engineering, and recombination, for the development of genetically superior crops and plants is termed as agricultural biotechnology.

The key factor driving the agricultural biotechnology market is the surging demand for transgenic crops. The advantages of these crops are low requirement for harmful pesticides and improved agricultural productivity. Despite the higher cost of transgenic seeds, the overall production cost of crops is lowered, as less fuel, chemical pesticides, and machinery is used. The U.S., India, Brazil, Canada, and Argentina are the major genetically modified (GM) crop-producing countries. In the coming 10 years, the commercial GM-crop profile is expected to diversify to include fruits and staples, such as rice and cassava.

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Based on product, the categories of the agricultural biotechnology market are crop protection products and transgenic seeds. During the forecast period, the crop protection product category is projected to grow faster at a 10.7% CAGR. Various advantages offered by these products, such as protecting plants and crops from weeds, harmful chemicals, and pests, would be responsible for the growth of this category.

The technology segment of the agricultural biotechnology market is subdivided into biochips, genome editing tools, synthetic biology, deoxy ribonucleic acid sequencing, and ribonucleic acid interference. Till 2023, synthetic biology is predicted to witness the fastest growth in demand at a 10.9% CAGR. The advance of this category can be ascribed to its ability to generate large gene and gene-part clusters in a single genome of a seed, which is more advantageous than traditional approaches. 

Therefore, the market for agricultural biotechnology has a bright future, aided by the rising need to fulfill the growing demand for biofuels and create nutrient-fortified crops.

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Rapid Industrialization Helping the Asia-Pacific Air Quality Monitoring Market Grow

Increasing incidents of respiratory diseases, rapid industrialization, and rising pollution levels are some of the key factors driving the growth of the Asia-Pacific air quality monitoring market, finds P&S Intelligence. The market attained a size of $936.6 million in 2017 and is expected to advance at a 10.0% CAGR during the forecast period (2018–2023). AQM devices analyze and monitor pollutants in the indoor and outdoor air. These can analyze the pollution according to various parameters, such as gaseous pollutant level and particulate matter (PM).

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Based on product, the APAC air quality monitoring market is bifurcated into indoor and outdoor monitors. Of these, in 2017, indoor monitors held a dominating share in the market and are expected to do so during the forecast period as well. This is ascribed to the increasing adoption of air quality monitors in industries such as petrochemical and pharmaceuticals that demand a controlled environment. However, outdoor monitors are anticipated to exhibit the faster growth, at a CAGR of 11.6%, during 2018–2023.

Fossil fuels, including gas, oil, and coal, are some of the products that emit high amounts of toxic substances, such as methane, nitrous oxide, and carbon dioxide, in the air. Urbanization and industrialization have increased the vehicular traffic, thereby polluting the atmosphere to a great extent.

According to the United Nations Economic and Social Affairs (UNDESA), World Urbanization Prospects 2018 revision data, nearly 55.0% of world population was anticipated to live in urban areas by 2018, and the percentage is expected to reach 68.0% by 2050.

Though industrialization has helped in improving technologies, unfortunately, it has also increased problems such as air contamination. People residing in highly-polluted areas are more susceptible to cancer than people staying in a controlled-quality environment. In 2017, the Ministry of Environmental Protection reported that in China, almost 13,785 companies (nearly 70.6% of the companies examined) had contravened the environmental standards and contributed to pollution. Factors such as this are expected to continue aiding in the growth of the AQM market in APAC during the forecast period.

Hence, the rapid urbanization and increasing levels of air pollution are expected to boost the market.

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Europe Electric Bus Market - Highlights on Future Development

The demand for electric buses in the Europe has augmented dramatically over the last decade. The market in the country is predominantly driven by rising air quality concerns, high dependence on conventional or non-renewable fuels, strong environmental ethics and the growing need to assimilate renewables into a network. Penetration of charging infrastructure also plays an important role in market development.

On the basis of technology, the europe electric bus market is broadly categorised into hybrid bus, series hybrid bus, parallel hybrid bus, and pure electric bus. In 2016, the highest number of parallel hybrid buses were circulated in Europe; however, shipments of pure electric bus are expected to become the largest by 2018, owing to the high adoption rate of such buses.

Major countries in Europe including The U.K., Netherlands, France and Germany stand as key electric bus markets. The U.K. and other Central European countries are upgrading their fleet with low or zero-emission buses and retrofitting the old buses with low-emission powertrains, which in turn is projected to intensify the growth of electric bus market in Europe, during the forecast period.

Europe’s Electric Bus Market is in Transformational Growth Mode
As per the current scenario, the number of circulation of such buses in Europe is relatively smaller than APAC and North America. Government subsidies, urban air quality targets and the availability of debt funding are some of the key factors bolstering the demand of electrically operated buses in Europe.

According to an analysis done by Union Internationale des Transports Publics (UITP), approximately 50% of the buses sold in Europe are operating according to the Euro 3 standard or older. To reduce carbon foot prints in the region, European emission standards has been introduced that required all the buses shipped in the region have to meet the Euro 6 emissions standards. Stringent regulations pertaining to energy conservation and carbon footprint reduction are also playing a significant role in market growth.

High Price of to Hamper the European Electric Bus Market Growth
The high cost of electric buses is the major restraint hindering their largescale adoption, especially in the developing countries. Lack of infrastructure, such as charging station in European countries, is hindering the growth of the electric bus in public fleets.

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Europe Electric Bus Market Competitiveness
Companies operating in the European electric bus market are primarily focusing on providing open interface for charging to push the demand of electricity operated buses in the region. Some of the key European electric bus manufacturers include Solaris Bus & Coach, VDL Bus & Coach BV, EBUSCO, SOR Libchavy Ltd., Bozankaya, and Belkommunmash Holding. Key players operating in the European electric bus market are following the strategy of product launch to strengthen their position in the regional market. For instance, in September 2016, Solaris Bus & Coach presented its new Urbino 12 electric bus at InnoTrans 2016.

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Telematics Market by Sector, Distribution Channel, End-User and Region

The global telematics market is expected to grow from an estimated $26,314.4 million in 2015, and reach $140,100.0 million by 2022, growing at a CAGR of 28.5% during 2016 – 2022. The growth of the global telematics market is being driven due to several factors, including government initiatives to include advanced technology in public safety on roads, increasing demand for premium passenger cars and growing demand for connectivity in vehicles.

The use of telematics has been constantly increasing in insurance sector for tracking the driving conditions to calculate precise vehicle insurance premium. North America dominated the global market; however Asia-Pacific is estimated to grow at the highest pace during the forecast period. The high cost of telematics equipment and hacking threats are the key restraints in the global market. The poor internet infrastructure in the developing countries is also hindering the adoption of telematics.

In order to assure vehicular safety, the government in several countries has been promoting the use of telematics in vehicles. For instance, eCall project promoted by European Commission (EC) was adopted in Europe in 2013. eCall is targeted to provide assistance to motorists, who have met with road accident and are unable to speak due to injuries. It is applicable for the vehicles in which telematics is installed.

The key competitors in the global telematics market include Verizon Communication Inc., Harman International Industries Inc., TomTom International BV, AT&T, Vodafone Group Plc, Ford Motor Company, BMW Group, Telefonica SA, MiX Telematics, Trimble Navigation Ltd.

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Key Questions Addressed/Answered in the Report

• What is the current scenario of the global telematics market?
• What is the present size of the market segments and their future potential?
• What are the major catalysts for the market and their impact during the short, medium, and long terms?
• What are the evolving opportunities for players in the market?
• Which are the key regions from the investment perspective?
• What are shares of key players in the market?
• What are the key strategies being adopted by major players to expand their market shares?

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Electric Bus Charging Station Still has a Dominant Position in the European Market, Says Report

Growing at a 17.8% CAGR during the forecast period, the European electric bus charging station market is estimated to generate a revenue of $697.7 million by 2025. The inclusion of electric buses in the public fleet, implementation of government schemes and regulations favoring their usage, as well as the increasing investments in building electric bus charging infrastructure are driving the market growth.

Enormous inflows of investment for developing the charging station infrastructure are being witnessed by the European electric bus charging station market. Electric buses are being increasingly adopted in many countries as they have become affordable due to the implementation of different subsidy schemes. For instance, in 2018, the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety of Germany created an $82.7 million fund to encourage public transport operators to invest in electric and plug-in electric buses.

The categories of the electric bus charging station in european market, based on power, are less than 50 kW, 50–150 kW, 151–450 kW, and more than 450 kW. In terms of volume, during the historical period, the less than 50 kW category dominated the market. However, the fastest growing category during the forecast period is expected to be the more than 450 kW category, due to the increasing requirement for faster charging of electric buses.

Based on type, the market is subdivided into opportunity charging, depot charging, and others. The largest market share in terms of volume, in 2018, was held by the opportunity charging category. The ease of functioning offered by this type of charging is driving the category’s growth. These chargers not only reduce the downtime for charging, but also hasten the overall charging process, thereby resulting in the longer operating hours of the vehicle.

In the region, the government sector employs buses for transit services, military, and other purposes. Therefore, the European electric bus charging station market is highly reliant on government support. Countries across the region are highly motivated to include more electric buses in their transportation systems. For instance, the Netherlands’ national plan, named Green Deal, plans to electrify the entire public transport fleet of more than 5,000 buses by 2025.

The European e-bus charging station market, during the historical period, was dominated by the U.K., which, in 2018, held a 20.0% market share in terms of volume. The increasing government support in the form of financial and non-financial incentives would aid in the faster adoption of these vehicles, which is expected to make the U.K. the dominating market in the forecast period as well.

Some of the prominent players in the European electric bus charging station market are Bombardier Inc., Schunk Carbon Technology, Ekoenergetyka-Polska Sp. z o.o., Heliox BV, Powerdale NV, and JEMA Energy SA.

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How is Rising Demand for Energy-Efficient Cooling Systems Driving Chiller Market?

As the global population and economy continue to grow, the demand for high-end construction projects as well as affordable ones is rising. The construction sector takes into account projects ranging from residential buildings and commercial buildings to public spaces and transport facilities, such as railway stations and airports.

The global construction sector stood at $10.5 trillion in 2017, and is predicted to grow to $12.8 trillion by 2022. There are many such construction projects, which are in the pipeline. In Chicago, U.S., about 42 high-rise projects are under-construction, as of 2019.

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Further, the tourism sector is witnessing growth, which is resulting in the development of better airports across the world. One such example is of China, which plans to build around 136 new airports by 2025 in the country.

Such commercial spaces and residential projects require a centralized cooling system, for which chillers are used. These are compressor-based machines, which via an absorption-refrigeration or vapor compression cycle, remove heat from a liquid for cooling large facilities.

These machines generate chilled water, which is then used for cooling purposes. The growth of chiller market is predicted to advance at a 4.9% CAGR during the forecast period (2019–2024), as predicted in a P&S Intelligence study.

Chillers are of the following type: reciprocating, absorption, centrifugal, scroll, and screw. In 2018, the highest demand was for the screw type chillers, which are more efficient than centrifugal chillers; they work by a positive displacement compression technique.

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