Global Tobacco Market 2017 - China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International, Imperial Tobacco Group

The global tobacco market has been witnessing a steady growth. This can be attributed to the growing cigarette consumption in low and middle-income countries on account of wide product range, investments in R&D, lax government regulations, etc.

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According to the latest report by IMARC Group titled, “Tobacco Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global tobacco market reached a volume of 7 Million Tons in 2016, growing at a CAGR of nearly 2% during 2009-2016. Prepared from the leaves of the plant named N. Tebacum belonging to the Solanacaea family of the Nicotine genus, tobacco is either chewed, smoked or taken as snuff. Currently, the market is experiencing significant changes in the prevalence and consumption patterns of tobacco products, particularly cigarettes. The consumption of tobacco in the developed markets continues to fall owing to a decline in the smoking rates, however, the market is anticipated to get a boost from the developing economies.

Highlights of the global tobacco market:

• Rising consumption of cigarettes is driving the global tobacco market.
• Cigarettes represent the most popular product type.
• China is the largest producer and consumer of tobacco products.

On account of increasing awareness about the harmful effects of cigarette smoking and stringent government regulations, the demand for tobacco-based products in the developed regions has been declining significantly. However, the manufacturers have been able to increase value growth owing to several of factors. An increase in the number of both, male and female smokers, in the emerging markets such as India and China, remains the key growth inducing factor. As a result of rising population, lack of awareness about the harmful effects of tobacco, unemployment, etc., the market is experiencing a stable growth in these regions. A trend of smoking expensive tobacco has also emerged amongst the elite and adolescents which is further driving the market. Sales of tobacco products have also been propelled due to its addictive nature, a wide product variety and a strong hold of the tobacco companies in the market. According to the report, the market is expected to reach a volume of around 9 Million Tons by 2022.

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On the basis of product type, the market has been segmented into cigarettes, roll-your-own, cigars, cigarillos, smokeless tobacco, etc. wherein cigarettes account for more than three-fourths of the total share. Region-wise, China accounts for nearly a half of the market. Other major regions include India, Brazil, United States, European Union and others. On analyzing of the competitive landscape of the market, it is found that China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International and Imperial Tobacco Group are the key players.

Browse related reports :
Cigarette Market: www.imarcgroup.com/cigarette-manufacturing-plant

Cigarette Lighter Market: www.imarcgroup.com/cigarette-lighter-manufacturing-plant

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Global Castor Oil Market: Industry Analysis, Opportunities, Industry Outlook To 2022

As a result of its lubricating qualities, castor oil is used either in crude or refined hydrogenated form in a number of industries such as food, cosmetic and electronic & telecommunications. Some of its applications are in the manufacturing of products such as adhesives, brake fluids, paints, pigments, electrical liquids, dielectrics, etc.

A latest report by IMARC Group titled, “Castor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global castor oil market has reached a volume of around 1,800 Thousand Tons in 2016, growing at a CAGR of 4% during 2009-2016. Castor oil is extracted from the seeds of the castor plant. It originated in the tropical belt of India and Africa and is mostly cultivated in arid and semi-arid regions. In the past five years, the market has witnessed a reduction in the production levels of castor seeds as a result of decline in the sowing area. However, due to delayed monsoon in India after 2013, farmers were driven towards growing castor crops as these require less water during plantation. Consequently, the production of castor oil has accelerated from the year 2013 onwards. According to the report, the market for castor oil is expected to grow at a CAGR of 4.5% during 2017-2022, reaching a volume of more than 2,200 Thousand Tons by 2022.

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The report offers a detailed segmentation of the castor oil market based on its applications. It serves as an important component in innumerable industries such as pharmaceuticals, food, cosmetic and the electronics & telecommunications industry. In the food and cosmetic industry, it is used as an additive for flavouring and in manufacturing lipsticks, respectively. In the electronics and telecommunication industry, castor oil is used in the production of polymers as well as the manufacturing of equipment which are used for national security. Furthermore, it is also used in the manufacturing of a number of products which include adhesives, brake fluids, caulks, dyes, machining oils, paints, pigments, electrical liquids, dielectrics, lubricating greases, polyurethane refrigeration lubricants, rubber sealants, textiles, washing powders, waxes, etc.

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The report has segmented the market on a regional basis. The regions covered in the report include India, Brazil and China. Currently, India represents the largest producer of castor oil at the global level. India is followed by China and Brazil. In terms of consumption, China is the largest consumer of castor oil, followed by Europe, India and the United States. The report has also provided a thorough analysis of the competitive landscape along with the details of the major players operating in the market. Some of the players given in the report are Adani Wilmer, Gokul Overseas, Kandla Agro & Chemicals and Jayant Agro. Amongst these, the majority of the market share is held by Adani Wilmer.

The report provides a detailed roadmap for setting up a castor oil manufacturing plant. The study, done by one of the world’s leading research and advisory firms, covers all the prerequisites of the castor oil market and provides an in-depth analysis of the market, industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. It also offers SWOT, Value Chain and Porter’s Five Forces analysis and regional segmentation followed by an analysis of the competitive landscape. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the castor oil market in any manner.

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Global Cigarette Lighter Market 2017 - BIC, Cricket, Clipper

The global cigarette lighter market is growing at a steady rate due to a rise in demand from emerging regions, product diversification and premiumisation, and a sharp rise in the number of smokers across the globe.

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According to the latest report by IMARC Group titled, “Cigarette Lighter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global cigarette lighter market reached a value of nearly US$ 6 Billion in 2016, growing at a CAGR of more than 4% during 2009-2016. A means of ignition, cigarette lighter is commonly used to light cigarettes, cigars and pipes. It consists of a metal or plastic container filled with a flammable fluid or gas, which can either be disposed or refilled. Cigarette lighters have evolved over the last two centuries and have witnessed huge changes in their design. Unlike early lighters, which were large, bulky and dangerous to use, modern lighters have been refined as per the convenience and safety of the consumers.

Highlights of the global cigarette lighter market:

• Rising demand from emerging regions remains the major growth driving factor.
• Flint cigarette lighter is the most popular product type.
• BIC represents the biggest player in the global cigarette lighter industry.

Emerging regions such as Asia-Pacific, are witnessing an increase in disposable incomes, and a rise in population and smoking prevalence, thereby, inducing the demand for cigarette lighter. Additionally, the advancements in technology have led to product diversity and innovations in terms of design, convenience, prices and product functionality, hence offering the consumers an option to choose from a wide variety of cigarette lighters. Some of the major product types include refillable lighters, short flame lighters, torch flame lighters, wind and splash proof lighters, and electronic lighters, automobile lighters, flint lighters, etc.

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The market is further growing on account of premiumisation of cigarette lighters, attracting a large base of affluent consumers. A recent shift from traditional cigarette lighters to electronic cigarette lighters has also facilitated the market growth. Besides, a rising number of both, male and female smokers globally is expected to drive the demand for cigarette lighters. Owing to these factors, the global cigarette lighter market is expected to reach a value of US$ 6.8 Billion by 2022.

On the basis of product type, the market has been segmented into flint cigarette lighter, electronic cigarette lighter and others. Amongst these, flint cigarette lighter dominates the market, accounting for more than a half of the total sales. Region-wise, Asia- Pacific represents the largest region, holding the majority of the market share. Asia-Pacific is followed by Eastern Europe, Western Europe, Middle East and Africa, North America and Latin America. On evaluating the competitive landscape, it is found that BIC represents the largest manufacturer of cigarette lighters globally. Other players are Cricket and Clipper.

Browse related reports :
Cigarette Market: www.imarcgroup.com/cigarette-manufacturing-plant

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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.Global Cigarette Lighter Market

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Global Jojoba Oil Market Share, Size, Price Trends and Forecast 2017-2022

The global jojoba oil market has witnessed a strong growth over the years owing to the increasing applications of jojoba oil in the cosmetics and pharmaceutical industries. This is a result of its diverse functional properties that make it an essential ingredient in skin- and hair-care products.

According to the latest report by IMARC Group, “Jojoba Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global jojoba oil market reached a volume of 12,000 Tons in 2016, growing at a CAGR of around 12% during 2009-2016. Obtained from the crushed beans of the jojoba shrub, jojoba oil is a type of vegetable oil in the form of liquid wax. It is close to sebum in composition, the naturally produced oil by human skin, hence it nourishes the skin and helps it retain moisture. Jojoba oil also acts as a defense barrier, discouraging the growth of any bacterial or fungal microbes that may be harmful for the skin. Due to these properties, it is extensively being used as a replacement of animal fats in the production of skin creams and lotions.

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Highlights of the global jojoba oil market:

• Expanding applications of jojoba oil remain the major growth driving factor.
• The cosmetics industry represents the largest application segment, accounting for the majority of the total share.
• Europe is the largest market for jojoba oil, followed by North America.

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The jojoba oil market is currently being stimulated by its widening applications in various sectors. In the cosmetics sector, jojoba oil is primarily used in several skin-care products like anti-acne gel, moisturizer, facial cleanser, scar minimizer, etc.; and hair-care products, such as hair conditioner, de-tangling cream, hair regrowth serum, etc. Apart from this, jojoba oil is a vital component of numerous pharmaceutical products since it possesses a number of vitamins and minerals such as silicon, chromium, copper, iodine and zinc. It also acts as a stabilizer for anti-biotics, as an appetite depressant, and for treating canker sores, cold sores, athlete’s foot and warts. As a result of these factors, the market is expected to reach a volume of more than 22,000 Tons by 2022.

On the basis of key applications, the jojoba oil market has been segmented into cosmetic, pharmaceuticals and industrial sectors. Currently, the cosmetic sector accounts for the majority of total market share. Region-wise, Europe dominates the market followed by North America, Asia Pacific and Latin America. On evaluating the competitive landscape, it is found that the key players operative in the jojoba oil market are Purcell Jojoba International, Eco Oil Argentina SA, Egyptian Natural Oil Co., Inca Oil SA, The Jojoba Company, and Desert Whale Jojoba Company.

The report by IMARC Group has examined the jojoba oil market on the basis of:

Application:

•     Cosmetic sector
•     Pharmaceutical sector
•     Industrial sector 

Region:

•     Europe
•     North America
•     Asia Pacific
•     Latin America 

Key players:

•     Purcell Jojoba International
•     Eco Oil Argentina SA
•     Egyptian Natural Oil Co
•     Inca Oil SA
•     The Jojoba Company
•     Desert Whale Jojoba Company

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Global Sanitary Napkin Market Share, Research, Price Trends and Forecast 2017-2022

The global sanitary napkin market has witnessed a healthy growth over the past several years. This can be accredited to growing awareness about feminine hygiene, rising incomes and product versatility. 

The latest report by IMARC Group titled, “Sanitary Napkin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global sanitary napkin market reached a value of around US$ 14.5 Billion in 2016. Sanitary napkin is widely used by women for menstrual management. It is a thin disposable pad made of materials such as quilted cotton fabrics and layers of super absorbent polymers and plastics. Earlier, women used home-made cotton pads to deal with menstrual blood and a very small number of women were aware about sanitary napkin. However, with rising awareness sanitary napkin has become one of the most popular feminine hygiene product. Sanitary napkins have seen a tremendous product evolution from a sanitary belt in the 20th century to today’s disposable pads.

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Highlights of the global sanitary napkin market:

• Improved economic conditions have led to the availability and affordability of sanitary napkins.
• Menstrual pad is the most popular product type.
• Asia-Pacific represents the largest market, followed by Europe.

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Various government and NGO entities have initiated projects to spread awareness about feminine hygiene, especially in the developing nations. This has increased the demand for sanitary napkin in these regions. In line with this, manufactures are producing low-cost products.  They are also focussing on product diversification, thereby expanding the consumer-base for sanitary napkins in both the developed and developing regions. The market is also being driven by aggressive promotions and marketing strategies adapted by the major players. Increasing disposable income of consumers and organised retail market are some of the other factors leading to a rise in the demand for premium products. Owing to the aforementioned factors, the market is projected to reach a value of more than US$ 18 Billon, exhibiting a CAGR of around 4%.

The global sanitary napkin market is segmented on the basis of product type, including menstrual pad and pantyliner. Amongst these, menstrual pad dominates the market, representing the most popular type. The report has also segmented the market on the basis of distribution channel, including supermarkets and hypermarkets, pharmacies, convenience stores, etc. Region-wise, Asia-Pacific represents the largest market on account of an expanding consumer-base. Other regions include Europe, North America, Latin America, and Middle East and Africa. On evaluating the competitive landscape, it is found that Procter & Gamble, Hengan International Group Company Limited, Kimberly-Clark Corporation, Edgewell Personal Care Company and Kao Corporation are the key players operative in the market.

The report by IMARC Group has examined the global sanitary napkin market on the basis of:

Type:

• Menstrual Pad
• Pantyliner

Distribution Channel:

• Supermarkets and hypermarkets
• Pharmacies
• Convenience stores
• Others

Region:

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

Key Players:

• Procter & Gamble
• Hengan International Group Company Limited
• Kimberly-Clark Corporation
• Edgewell Personal Care Company
• Kao Corporation

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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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