6 months ago
Facial Rejuvenation Products Industry: Market Segmentation and Growth Forecast (2023-2030)
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The global facial injectable market size was estimated at USD 12.7 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.3% from 2023 to 2030. A growing focus on physical appearance among consumers has led to an increased demand for facial injectables in recent years. Increasing awareness regarding minimally invasive procedures due to various beauty campaigns being organized by key players in the market is also a driving factor for market growth. The ongoing COVID-19 pandemic has increased the time spent on video calls. Known as the ‘Zoom Boom’, several adults are becoming more aware of their appearance. This has increased demand for cosmetic surgeries, with Botox being one of the most popular products preferred.
Patients are also opting for cosmetic surgeries owing to ease of recovery while staying at home. Thus, the market has witnessed a spike during the pandemic and this trend is expected to boost further. The presence of well-established key players like Allergan, Sinclair Pharma, and Galderma with a comprehensive injectable fillers portfolio treating a broad range of skin indications like wrinkles, pigmentation, plumping of lips, scars, restoring facial fullness as well as enhancing facial contours is expected to drive the demand for facial injectable procedures thereby boosting market revenue. Factors such as the increasing social media exposure, rising effectiveness, and approvals for facial injectables, and the escalating desire among the population to look aesthetically appealing and young are expected to drive the market growth during the forecast period.
#AdvertisingProcurement #ProcurementIntelligence #StrategicSourcing #AdvertisingInsights #ProcurementReport #MarketForecast #SupplyChainManagement #ProcurementStrategy #CostEfficiency #FutureTrends
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The global facial injectable market size was estimated at USD 12.7 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.3% from 2023 to 2030. A growing focus on physical appearance among consumers has led to an increased demand for facial injectables in recent years. Increasing awareness regarding minimally invasive procedures due to various beauty campaigns being organized by key players in the market is also a driving factor for market growth. The ongoing COVID-19 pandemic has increased the time spent on video calls. Known as the ‘Zoom Boom’, several adults are becoming more aware of their appearance. This has increased demand for cosmetic surgeries, with Botox being one of the most popular products preferred.
Patients are also opting for cosmetic surgeries owing to ease of recovery while staying at home. Thus, the market has witnessed a spike during the pandemic and this trend is expected to boost further. The presence of well-established key players like Allergan, Sinclair Pharma, and Galderma with a comprehensive injectable fillers portfolio treating a broad range of skin indications like wrinkles, pigmentation, plumping of lips, scars, restoring facial fullness as well as enhancing facial contours is expected to drive the demand for facial injectable procedures thereby boosting market revenue. Factors such as the increasing social media exposure, rising effectiveness, and approvals for facial injectables, and the escalating desire among the population to look aesthetically appealing and young are expected to drive the market growth during the forecast period.
#AdvertisingProcurement #ProcurementIntelligence #StrategicSourcing #AdvertisingInsights #ProcurementReport #MarketForecast #SupplyChainManagement #ProcurementStrategy #CostEfficiency #FutureTrends
6 months ago
Industrial Centrifuge Procurement: Category Spend Analysis and Cost Drivers
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The industrial centrifuge category is expected to grow at a CAGR of 4.43% from 2023 to 2030. The growing demand for centrifuges from the process industries such as chemical, food, metal, mining, pharmaceutical, and biotechnology is expected to drive the category growth. Throughout the forecast period, a growing improvement in the wastewater management industry and technological advancements are expected to have positive effects on the category.
The North American region accounts for the largest category share. The high demand for crude oil, the massive amount of shale oil and gas drilling operations, a thriving food processing industry, technological advancements, government support to manage wastewater and initiatives to create novel centrifugation systems are all the factors that have contributed to the success of this region.
With the help of new technologies, the chemical industry is constantly utilizing industrial centrifuges for the separation process. Technological developments in this category include chemical separation technology and decanter centrifuge technology. The decanter centrifuge technology aims to provide the decanter's internal separation process to have better control and enhance the system's overall performance enabling quick responses towards altering feed conditions.
#CentrifugeProcurement #IndustrialCentrifuge #ProcurementIntelligence #SupplyChainManagement #ProcurementInsights #CategoryManagement #StrategicSourcing #ProcurementTrends #SupplierManagement #ProcurementStrategy
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The industrial centrifuge category is expected to grow at a CAGR of 4.43% from 2023 to 2030. The growing demand for centrifuges from the process industries such as chemical, food, metal, mining, pharmaceutical, and biotechnology is expected to drive the category growth. Throughout the forecast period, a growing improvement in the wastewater management industry and technological advancements are expected to have positive effects on the category.
The North American region accounts for the largest category share. The high demand for crude oil, the massive amount of shale oil and gas drilling operations, a thriving food processing industry, technological advancements, government support to manage wastewater and initiatives to create novel centrifugation systems are all the factors that have contributed to the success of this region.
With the help of new technologies, the chemical industry is constantly utilizing industrial centrifuges for the separation process. Technological developments in this category include chemical separation technology and decanter centrifuge technology. The decanter centrifuge technology aims to provide the decanter's internal separation process to have better control and enhance the system's overall performance enabling quick responses towards altering feed conditions.
#CentrifugeProcurement #IndustrialCentrifuge #ProcurementIntelligence #SupplyChainManagement #ProcurementInsights #CategoryManagement #StrategicSourcing #ProcurementTrends #SupplierManagement #ProcurementStrategy
6 months ago
Video Post-Production Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The video post-production services category is anticipated to grow at a CAGR of 13% from 2023 to 2030. Technological advancements such as AI, machine learning, and AR and VR have transformed the way videos are edited post-production. Automating post-production tasks such as arrangements of visual and audio, color correction, adding visual effects, and finishing touches are reshaping the video content creation and distribution. Technologies such as virtual reality, 360-degree video, machine learning, and artificial intelligence are expected to play crucial roles in this category. Additionally, the shift in consumer preference towards mobile-first video and the rising importance of social media platforms as distribution channels are driving the growth in the category.
Real-time editing and collaboration are likely to boost over the forecast period. The rising cloud-based platforms and high-speed internet enables video editing teams to work remotely and collaborate on projects in real-time. This helps them to improve their productivity while enhancing the efficiency. Real-time editing enables instantaneous feedback, allowing a more creative and dynamic process.
#VideoPostProductionServices #ProcurementIntelligence #MarketInsights #SupplyChainManagement #StrategicSourcing #VendorManagement #CategoryManagement #CostOptimization #SupplierEvaluation #ProcurementTrends
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The video post-production services category is anticipated to grow at a CAGR of 13% from 2023 to 2030. Technological advancements such as AI, machine learning, and AR and VR have transformed the way videos are edited post-production. Automating post-production tasks such as arrangements of visual and audio, color correction, adding visual effects, and finishing touches are reshaping the video content creation and distribution. Technologies such as virtual reality, 360-degree video, machine learning, and artificial intelligence are expected to play crucial roles in this category. Additionally, the shift in consumer preference towards mobile-first video and the rising importance of social media platforms as distribution channels are driving the growth in the category.
Real-time editing and collaboration are likely to boost over the forecast period. The rising cloud-based platforms and high-speed internet enables video editing teams to work remotely and collaborate on projects in real-time. This helps them to improve their productivity while enhancing the efficiency. Real-time editing enables instantaneous feedback, allowing a more creative and dynamic process.
#VideoPostProductionServices #ProcurementIntelligence #MarketInsights #SupplyChainManagement #StrategicSourcing #VendorManagement #CategoryManagement #CostOptimization #SupplierEvaluation #ProcurementTrends
6 months ago
Procurement of Packaging Design Services for FMCG and Retail Brands 2023-2030
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The packaging design services category is anticipated to grow at a CAGR of 4% from 2023 to 2030. The packaging industry is witnessing a shift toward sustainable packaging to optimize the amount of material used. Corporate Social Responsibility (CSR) has come into the spotlight to improve brand perception in recent years. Companies are now adopting "rightsizing" as part of their CSR initiatives.
This is the practice to reduce overall packaging size, fill material, and paper waste through conscious packaging design choices. In addition, the growing demand for personalization and the rise of e-commerce are driving the growth of the category. With increased digitization and the rapid rise in adoption of the work-from-home model, large companies are now engaging with multiple stakeholders to create efficient packaging designs.
#PackagingDesignServices #ProcurementIntelligence #StrategicSourcing #SupplierManagement #CostOptimization #MarketInsights #ProcurementTrends #SupplierSelection #SustainableProcurement #ProcurementStrategy
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The packaging design services category is anticipated to grow at a CAGR of 4% from 2023 to 2030. The packaging industry is witnessing a shift toward sustainable packaging to optimize the amount of material used. Corporate Social Responsibility (CSR) has come into the spotlight to improve brand perception in recent years. Companies are now adopting "rightsizing" as part of their CSR initiatives.
This is the practice to reduce overall packaging size, fill material, and paper waste through conscious packaging design choices. In addition, the growing demand for personalization and the rise of e-commerce are driving the growth of the category. With increased digitization and the rapid rise in adoption of the work-from-home model, large companies are now engaging with multiple stakeholders to create efficient packaging designs.
#PackagingDesignServices #ProcurementIntelligence #StrategicSourcing #SupplierManagement #CostOptimization #MarketInsights #ProcurementTrends #SupplierSelection #SustainableProcurement #ProcurementStrategy
7 months ago
Corn Starch Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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This corn starch category is anticipated to grow at a CAGR of 6.60% from 2023 to 2030. North America is the leading market in this category primarily because of its large consumption of processed and convenient food products which is driven by a growing population and higher disposable incomes. In the Asia-Pacific region, rapid economic expansion and changing consumer lifestyles contribute to the fastest CAGR with China leading the market and India showing the highest growth rate in this category.
The category's growth is driven by its utilization as a thickening agent in the food industry, usage in garments, cosmetics, and pharmaceuticals, and the increasing demand for bioplastics. It finds extensive adoption in the paper, textiles, and adhesives industries and demand for clean-label starch in the food sector.
This category is highly fragmented with the presence of both global and regional players. Key players in the market employ strategies like acquisitions and new product development to consolidate their positions and optimize their offerings, with a strong emphasis on expanding manufacturing capacity and diversifying product lines.
#CornStarchProcurement #ProcurementIntelligence #SupplyChainInsights #MarketAnalysis #StrategicSourcing #ProcurementTrends #SupplierManagement #CostEfficiency #SustainableSourcing #MarketForecast
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This corn starch category is anticipated to grow at a CAGR of 6.60% from 2023 to 2030. North America is the leading market in this category primarily because of its large consumption of processed and convenient food products which is driven by a growing population and higher disposable incomes. In the Asia-Pacific region, rapid economic expansion and changing consumer lifestyles contribute to the fastest CAGR with China leading the market and India showing the highest growth rate in this category.
The category's growth is driven by its utilization as a thickening agent in the food industry, usage in garments, cosmetics, and pharmaceuticals, and the increasing demand for bioplastics. It finds extensive adoption in the paper, textiles, and adhesives industries and demand for clean-label starch in the food sector.
This category is highly fragmented with the presence of both global and regional players. Key players in the market employ strategies like acquisitions and new product development to consolidate their positions and optimize their offerings, with a strong emphasis on expanding manufacturing capacity and diversifying product lines.
#CornStarchProcurement #ProcurementIntelligence #SupplyChainInsights #MarketAnalysis #StrategicSourcing #ProcurementTrends #SupplierManagement #CostEfficiency #SustainableSourcing #MarketForecast
7 months ago
Sodium Cyanide Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The global sodium cyanide category is anticipated to grow at a CAGR of 6.15% from 2023 to 2030. It is driven by growing demand for precious metals such as silver and gold, growth in the need for chemical intermediaries by the agriculture and pharmaceutical sectors, and expansion of various end-user sectors due to rising consumer demand and rapid industrialization. In addition,sodium cyanide is widely utilized in the electroplating, a crucial process in electronics and automobile industries.
Rising living standards and increasing consumer spending have increased demand for consumer durables and cars, which has led to a rise in electroplating applications and, in turn, increased market demand for the product. However, the detrimental impact of the product on environment and human health due to its toxicity is expected to hinder the growth of the global category during the projected timeframe. Sodium cyanide prevents oxygen from reaching tissues, resulting in tissue hypoxia due to its binding to the ferric iron of oxidized cytochrome oxidase.
#SodiumCyanideProcurement #ProcurementIntelligence #SupplyChainAnalysis #StrategicSourcing #ProcurementTrends #CostReductionStrategies #SupplierRelationships #SustainableProcurement #MarketAnalysis #ProcurementInsights
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The global sodium cyanide category is anticipated to grow at a CAGR of 6.15% from 2023 to 2030. It is driven by growing demand for precious metals such as silver and gold, growth in the need for chemical intermediaries by the agriculture and pharmaceutical sectors, and expansion of various end-user sectors due to rising consumer demand and rapid industrialization. In addition,sodium cyanide is widely utilized in the electroplating, a crucial process in electronics and automobile industries.
Rising living standards and increasing consumer spending have increased demand for consumer durables and cars, which has led to a rise in electroplating applications and, in turn, increased market demand for the product. However, the detrimental impact of the product on environment and human health due to its toxicity is expected to hinder the growth of the global category during the projected timeframe. Sodium cyanide prevents oxygen from reaching tissues, resulting in tissue hypoxia due to its binding to the ferric iron of oxidized cytochrome oxidase.
#SodiumCyanideProcurement #ProcurementIntelligence #SupplyChainAnalysis #StrategicSourcing #ProcurementTrends #CostReductionStrategies #SupplierRelationships #SustainableProcurement #MarketAnalysis #ProcurementInsights
7 months ago
(E)
Tax Advisory Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The global tax advisory services category is anticipated to grow at a CAGR of 9.3% from 2023 to 2030. Key factors that drive this growth include the rising significance of risk management and compliance, focus on tax optimization and planning, growing intricacy of tax laws, rising number of international transactions, and advancements in technology. Compliance has been a key responsibility for firms due to stringent rules and increased scrutiny from tax authorities. Services offered in the category support business enterprises in lowering the risk of fines and legal proceedings by assisting them in ensuring compliance with tax laws and regulations. However, concerns such as the scarce supply of qualified professionals, challenges of security and privacy of data, and cost restraints for small & medium-sized businesses enterprises (SMEs) may hinder the category’s growth.
Due to improved money management and wise investment choices, the number of high-net-worth individuals (HNWIs) is rising globally. High-net-worth people also need extra services from wealth managers and financial advisors because of their significant holdings. For HNWIs, services offered in the category encompass assistance with trusts and estates, hedge funds, private equity firm access, and tax filing & advice. In addition, over 12.9% of clients of tax advisors are considered high net worth. HNWIs are also in great demand for tax consulting services because maintaining and preserving their assets requires more labor to manage their money. These people typically require individualized estate and tax planning assistance, among other services. Therefore, the continuous rise of HNWIs is fueling the category’s growth.
#TaxAdvisoryProcurement #ProcurementIntelligenceReport #TaxAdvisoryInsights #ProcurementTrends2023to2030 #StrategicSourcing #ProcurementBestPractices #SupplierManagement #CostOptimizationStrategies #ContractManagement #ProcurementTransformation
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The global tax advisory services category is anticipated to grow at a CAGR of 9.3% from 2023 to 2030. Key factors that drive this growth include the rising significance of risk management and compliance, focus on tax optimization and planning, growing intricacy of tax laws, rising number of international transactions, and advancements in technology. Compliance has been a key responsibility for firms due to stringent rules and increased scrutiny from tax authorities. Services offered in the category support business enterprises in lowering the risk of fines and legal proceedings by assisting them in ensuring compliance with tax laws and regulations. However, concerns such as the scarce supply of qualified professionals, challenges of security and privacy of data, and cost restraints for small & medium-sized businesses enterprises (SMEs) may hinder the category’s growth.
Due to improved money management and wise investment choices, the number of high-net-worth individuals (HNWIs) is rising globally. High-net-worth people also need extra services from wealth managers and financial advisors because of their significant holdings. For HNWIs, services offered in the category encompass assistance with trusts and estates, hedge funds, private equity firm access, and tax filing & advice. In addition, over 12.9% of clients of tax advisors are considered high net worth. HNWIs are also in great demand for tax consulting services because maintaining and preserving their assets requires more labor to manage their money. These people typically require individualized estate and tax planning assistance, among other services. Therefore, the continuous rise of HNWIs is fueling the category’s growth.
#TaxAdvisoryProcurement #ProcurementIntelligenceReport #TaxAdvisoryInsights #ProcurementTrends2023to2030 #StrategicSourcing #ProcurementBestPractices #SupplierManagement #CostOptimizationStrategies #ContractManagement #ProcurementTransformation
8 months ago
Industrial Valves Procurement Intelligence Report, 2023 - 2030 |
The industrial valves category is anticipated to grow at a CAGR of 5.7% from 2023 to 2030. The growth in the category is mainly driven by the rising usage of valves in power, oil & gas, metalworking, and chemical industries. To keep up with the growing demand, valve producers must lower fabrication costs while keeping up with the industry’s trends and innovation. Innovations such as control valves, smart valves, automatic valves, and valves with integrated electronics are expected to drive the category demand.
Automatic valves encompassing electric, hydraulic, pneumatic, solenoid, and digital mechanisms are increasingly favored by manufacturing facilities seeking unmanned operations with precise flow control. The primary benefit associated with automatic valves lies in their advanced preventive maintenance capability, effectively reducing the frequency of operational disruptions compared to traditional valves.
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#IndustrialValvesProcurement #ValvesSupplyChain #ProcurementExcellence #StrategicSourcing #SupplierManagement #CategoryIntelligence #CostOptimization #ProcurementStrategy #ValueGeneration #ProcurementBestPractices
The industrial valves category is anticipated to grow at a CAGR of 5.7% from 2023 to 2030. The growth in the category is mainly driven by the rising usage of valves in power, oil & gas, metalworking, and chemical industries. To keep up with the growing demand, valve producers must lower fabrication costs while keeping up with the industry’s trends and innovation. Innovations such as control valves, smart valves, automatic valves, and valves with integrated electronics are expected to drive the category demand.
Automatic valves encompassing electric, hydraulic, pneumatic, solenoid, and digital mechanisms are increasingly favored by manufacturing facilities seeking unmanned operations with precise flow control. The primary benefit associated with automatic valves lies in their advanced preventive maintenance capability, effectively reducing the frequency of operational disruptions compared to traditional valves.
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#IndustrialValvesProcurement #ValvesSupplyChain #ProcurementExcellence #StrategicSourcing #SupplierManagement #CategoryIntelligence #CostOptimization #ProcurementStrategy #ValueGeneration #ProcurementBestPractices
