Tanmay

  As per a study by FMI, the global feminine hygiene market is anticipated to reach a valuation of  US$ 27,605.8 million  by 2021. Owing to the increasing awareness in terms of personal hygiene among women, the market for  feminine hygiene products  is estimated to surpass  US$ 54,190 million  through 2031. FMI also projects the market to record CAGR of 7% over the forecast period from 2021 to 2031 in the comparison above 5.8% CAGR registered between 2016 and 2020. A remarkable transformation has been observed in the personal care products industry over the past few years. Increasing number of initiatives undertaken by the government as well as global organizations to spread awareness regarding feminine health and menstrual hygiene etiquette are spurring the sales of feminine hygiene products in the developing economies. Some of the leading international organizations are also providing sanitation kits to girls studying in government colleges and schoo...

  As per an analysis by FMI, the global  automotive plastics market  is expected to surpass a valuation of  US$ 9.5 billion  by the end of 2021, exhibiting growth at a CARG of 9% over the forecast period 2021 to 2031. Owing to the increasing demand for better car aesthetics and interior, the market for automotive plastics is likely to project 1.80% year-on-year growth, reaching a market volume of around 7.5 million tons by 2021. Increasing demand for commercial & passenger vehicles and flourishing automotive export industry are primal factors propelling the market growth. According to the China Association of Automobile Manufacturers, nearly 34,000 commercial vehicles and 117,000 passenger cars were exported from  China  in  April 2021 . Due to their characteristics such as lightweight, resistance to abrasion, scratch proof, and high impact toughness, automotive plastics are considered as ideal choices for manufacturing bumpers, fenders, doors...

  As per a study by FMI, the global sales of  Rx-to-OTC market  is expected surpass evaluation of  US$58bn  with a CAGR of 5.3% during the forecast period of 2021 and 2031. The market is estimated to reach  US$35 bn  in 2021, exhibiting a year on year growth rate of 5.2% during 2021. Sales rose at 1.5% CAGR between 2016 and 2020. According to a study by FMI, allergy and respiratory drug segment will dominate the global market, accounting for a share of 26.7% in 2021. Demand for improved access to a wide range of medicines over the counter (OTC) for treating common ailments such as cough, cold, flu, headaches, and others will continue aiding sales in the market.   The shift from Rx-to-OTC is gaining momentum as OTC medicines are cost effective and deliver first line treatment for numerous common illnesses. This has resulted in reduced doctor visits, subsequently increasing opportunities for sales in the market.  The transition of proven prescr...

  As per a study by FMI, the global   plant based ice-creams market   is expected to reach a valuation of   US$1,492.5mn   in 2021. It also is forecast to exhibit a CAGR of 9.3% during the assessment period between 2021 and 2031. The global plant based ice-creams market is expected to register a year on year growth of 11.1% in 2021, despite challenges posed by COVID-19 outbreak. Increasing focus on healthy eating amid pandemic will create lucrative prospects for growth. The  North America  market is expected to register a CAGR of 9.7%, owing to increasing concerns regarding environmental sustainability and animal welfare during the forecast period. Shift in consumer preference in favor of conscious and healthy lifestyle habits is impacting numerous industries as consumers are trying to choose better alternatives to conventional products. This is mainly influenced by social media influence and proliferation of vegan culture. Besides this, focus on healt...