According to the latest market study released by Technavio, the industrial robotics market in the U.S will continue to grow at a CAGR of 12.25% during the forecast period (2016-2020).SCARA robots are rugged, fast, and durable. They are highly preferred in the automotive industry for pick and place, welding, and spray painting applications. They are…
As Islam prohibits the consumption of pork and alcohol, lard-based lipsticks and many perfumes are among beauty products that are off-limits to strictly observant Muslims.Thanks largely to a 2013 European Union ban on animal testing and a skyrocketing demand for vegan cosmetics, many new make-up products contain no animal by- products at all. However, labelling…
After launching in South Africa just over a year ago, Vita Coco® Coconut Water has already experienced the highest first year sales performance of any market worldwide, including those of the United Kingdom and United States of America, where the brand originated. Average sales per store have been almost 20% higher than those experienced in…
The global market for digital magazine publishing will pass $35 billion by 2020, with a cumulative annual growth rate exceeding 20% over the next five years, according to a new forecast from Technavio. This growth will be powered by growing penetration of the Internet around the world, as well as soaring adoption of smartphones and…
The global premium cosmetics market is expected to exceed $126 billion by 2019, according to a report by Technavio.Over the forecast period, global premium cosmetics will grow at a compound annual growth rate of 4 percent due to the high amount of new products introduced throughout the sector. Customization and personalization of fragrances and skincare…
According to technology research company, Technavio, the global home theater market is expected to grow steadily, exceeding USD 28 billion by 2020. The top four emerging trends influencing the global home theater market, according to Technavio’s media and entertainment research analysts are the growing number of smart homes, vendors collaborating on product bundling, the growing…
According to a market research study released by Technavio, the global pet accessories market is expected to exceed $19 billion by 2020, growing at a CAGR of over five percent during the forecast period.This research report, titled “Global Pet Accessories Market 2015-2019,” provides an in-depth analysis of the market in terms of revenue and emerging…
Some of the world’s largest online sellers of lingerie and women’s apparel have been named in a list of the top five vendors in the global luxury e-tailing market.Analyst firm Technavio put together the list after assessing the top contributors to the overall revenue of this market and calculating the market size based on the…
Customization and personalization, as well as new product introductions are driving strong growth in premium cosmetics, according to a new analysis from Technavio. The report notes that the premium cosmetics market will expand at a CAGR of 4%, totaling $126 billion by 2019. “Customization and personalization of fragrances and skin care products continue to play a…
Multi-brand retailers lead the luxury ecommerce market, representing four of the top five vendors in the space, according to a new report by Technavio.When shopping online, the luxury consumer prefers to shop in a multi-brand environment, and this inclination is expected to drive growth of luxury ecommerce through 2019, according to “Global Luxury Etailing Market…
