Services Coverage

Real Estate Market Definition

Real estate refers to land and any physical property or improvements (buildings, structures) that are permanently attached to it. Real estate includes various properties, including residential properties such as houses, apartments, condominiums and townhouses; commercial properties such as office buildings, retail stores, hotels and warehouses; industrial properties used for manufacturing, production and distribution, including factories and industrial parks; and agricultural properties that are used for farming, ranching and other agricultural activities. The real estate market includes revenues earned by entities (organizations, sole traders and partnerships) by providing real estate services that rent, lease and allow the use of buildings and/or land. The market also includes managing real estate for others, selling, renting and buying real estate for others and appraising real estate.

Medical Waste Management Market Definition

Medical waste management refers to services that provide the collection, transportation, storage, and recycling of waste. Biomedical waste is generated during the diagnosis, treatment, and immunization of human beings or other living beings from healthcare facilities. The medical waste management market consists of sales, by entities (organizations, sole traders, or partnerships), of medical waste management services and related products that are used for the management of medical waste generated by healthcare facilities, laboratories, and other medical-related establishments. Medical waste management is the process of handling, treating, and disposing of medical waste.

Car washing service refers to a facility that provides commercially based services for washing, cleaning, or polishing vehicles. It is used for customer service tasks and cleaning the interior and exterior of automobiles. The main types of car washing services are tunnels, roll-over or in-bay, and self-service. Tunnel describes automatic car wash systems stretched through tunnels between 60 and 250 feet long, with each segment of the tunnel using a different chemical or service. The various payment modes are cash payment, and cashless payment is applied in mini vehicles, hatchbacks, sedans, luxury vehicles, light commercial vehicles, and others. The global car washing service market is segmented - 1) By Type Of Service: Tunnels, Roll-Over Or In-Bay, Self-Service 2) By Mode Of Payment: Cash Payment, Cashless Payment 3) By Application: Mini Vehicles, Hatchback, Sedan, Luxury Vehicles, Light Commercial Vehicles, Other Applications The global car washing service market is expected to grow from $28.57 billion in 2022 to $29.43 billion in 2023 at a compound annual growth rate (CAGR) of 2.98%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The car washing service market is expected to reach $33.61 billion in 2027 at a CAGR of 3.38%. The increase in the sales of automobiles is expected to boost the growth of the car washing service market going forward. Automobile refers to an internal combustion engine-powered vehicle with four wheels. Regular carwashes prevent the car from being damaged by filth, mud, bird droppings, road salt, and other corrosive waste that can cause corrosion, fading paint, and other issues. For instance, according to a report published by the National Automobile Dealers Association (NADA), a US-based trade organization, in 2023, light trucks made up over 80%, or 79.4%, of all newly sold vehicles in 2022, an increase of 1.6% from 2021. Further, the franchised dealerships sold reached 259,728 units in 2022, a rise of 92.1% from 2021. Inventory levels at the end of December 2022 totaled 1.67 million units, a 49% rise over the total 1.12-million-unit inventory at the end of 2021 when comparing vehicle sales to inventory. Therefore, the increase in the sales of automobiles is driving the growth of the car washing service market. Major players in the car washing service market are Mister Car Wash Holdings Inc., Driven Brands Holdings Inc., WashTec AG, Delta Sonic Car Wash Systems Inc., Waterway Carwash, National Carwash Solutions Inc., Magic Hands Car Wash LLC, Quick Quack Car Wash, Crew Carwash Inc., Hoffman Car Wash Inc., Autobell Car Wash Inc., Splash Car Wash, International Car Wash Group Ltd., Car Wash Enterprises Inc., Soapy Joe's Car Wash Inc., True Blue Car Wash LLC, Cactus Car Wash Corp., BlueWave Express, Prime Car Wash LLC, Clean Freak Car Wash Inc., Charlie's Car Wash, IMO Car Wash Group Ltd., Elephant Car Wash, Bubble Bath Car Wash, Goo-Goo Express Wash Inc., Kaady Car Wash, Octopus Car Wash Inc., Splash Zone Operations LLC, Zips Carwash LLC, and Autobase Car Wash & Accessories. Technological advancements are the key trend gaining popularity in the car washing service market. Major companies operating in the car washing service market are focusing on developing innovative technologies to sustain their position in the market. For instance, in June 2023, Warrenton Oil Company, a US-based oil company, launched an app-based car and truck washing subscription program. The program offers clients a frictionless and contactless solution while also generating recurring revenue for the company. Customers can choose from several vehicle wash membership packages and join the Fastlane car wash subscription program through the already-existing Fastlane app. Fastlane will be the first in the area to provide a membership for its automatic vehicle wash. In June 2023, Kaspar Capital, a US-based car wash investment company, acquired Dream Clean Auto Wash and Detail Centers for an undisclosed amount. With this acquisition, Kaspar Capital establishes itself as one of the top suppliers of quick car washing and detailing services in the Chicagoland region and beyond. Dream Clean Auto Wash and Detail Centers is a US-based car wash and detailing service provider. North America was the largest region in the car washing service market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Car Washing Service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The car washing service market includes revenues earned by entities by providing touchless car wash, hand car wash, and full-service car wash. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The car washing services market research report is one of a series of new reports from The Business Research Company that provides car washing services market statistics, including car washing services industry global market size, regional shares, competitors with a car washing services market share, detailed car washing services market segments, market trends and opportunities, and any further data you may need to thrive in the car washing services industry. This car washing services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Organic feminine care refers to a category of personal care products that are specifically designed for the care and hygiene of a woman's intimate areas using organic and natural ingredients. These products are used to provide a gentler and more natural approach to feminine hygiene while minimizing exposure to potentially harmful substances. The main types of products included in organic feminine care are sanitary napkins, menstrual cups, intimate wash, panty liners, tampons, and period panties. Sanitary napkins refer to absorbent materials worn by individuals, typically women, during menstruation to absorb menstrual blood. These are used by different age groups of women, such as 12–19 years, 20–25 years, 26–40 years, 41–50 years and, 51 years and above. These are available in various price ranges, including economy, mid-range, and premium, and sold through several distribution channels, such as supermarket and hypermarkets, pharmacies, online stores, and others. The global organic feminine care market is segmented - 1) By Product Type: Sanitary Napkins, Menstrual Cups, Intimate Wash, Panty Liners, Tampons, Period Panties 2) By Age Group: 12-19 Years, 20-25 Years, 26-40 Years, 41-50 Years, 51 Years And Above 3) By Price Range: Economy, Mid-Range, Premium 4) By Distribution Channel: Supermarkets And Hypermarkets, Pharmacy, Online Stores, Other Distribution Channels The global organic feminine care market is expected to grow from $2.35 billion in 2022 to $2.49 billion in 2023 at a compound annual growth rate (CAGR) of 5.88%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The organic feminine care market is expected to reach $3.16 billion in 2027 at a CAGR of 6.22%. The increasing female population is driving the growth of the organic feminine care market going forward. Female refers to the sex or gender of an individual who typically has reproductive anatomy that includes ovaries, fallopian tubes, a uterus, and a vagina. Organic feminine care products are designed to meet the specific hygiene needs of women, particularly during menstruation and for general intimate care, to maintain their hygiene and health. For instance, in 2022, according to data statistics from the World Bank, a US-based international financial institution, the total population of females in the world increased from 3.89 billion in 2020 to 3.95 billion in 2022. Furthermore, in 2022, according to the World Bank, the population of females as a percent of the population in the US increased from 50.4% in 2020 to 50.5% in 2022. As a result, the increasing female population is driving the growth of the organic feminine care market. Major players in the organic feminine care market are Procter And Gamble Company, Unilever plc, Kimberly-Clark Corporation, Kao Corporation, Unicharm Corporation, Ontex BV, The Honest Company Inc., Seventh Generation Inc., Fauna & Flora International (FFI), Corman SpA, Flo Health Inc., Maxim Hygiene Products (MHP), Ohne, Bodywise Limited, Cora Life, Lola Pads Inc., TOTM Organics Inc., Diva International Inc., Rael Inc., Dame Products LLC, The Honey Pot Company LLC, GladRags Inc., Organic Initiative Limited, Eco Femme Ltd., Lunapads International Products Ltd., Calla Lily Personal Care Ltd., Bella Global Co. Ltd., and Women's India Personal Care Pvt. Ltd. Product innovations are a key trend gaining popularity in the organic feminine care market. Major companies operating in the organic feminine care market are introducing newer materials for feminine care products to sustain their position in the market. For instance, in October 2022, Yoona Digital Indonesia, an Indonesia-based female technology (femtech) company, launched Yoona All Night pads 36cm, a new variant of eco-friendly organic sanitary pads. Yoona's sanitary pads use Negative Ion Anion Strip technology as an antibacterial that stops itching and strong odors from the feminine area with the idea of female wellness. Furthermore, food-grade adhesives that are safe to use are used in Yoona's sanitary pads. It is free of chemicals, bleach, and scent to provide a remedy against irritation and rashes brought on by using unhealthy sanitary pads. Yoona ensures the health and comfort of ladies during their menstrual cycle by using only chemical-free, 100% organic products. In July 2022, Essity AB, a Sweden-based consumer goods company, acquired 80% of the Knix Wear Inc. for $320 million. Through acquisition, Essity AB aims to strengthen its brand portfolio, enhance its sustainability credentials, and gain access to a growing market. Knix Wear Inc. is a Canada-based manufacturer of organic feminine care products such as leak-proof underwear made from organic cotton with absorbent and anti-odor features. Europe was the largest region in the organic feminine care market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the organic feminine care market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The organic feminine care market consists of sales of douches, organic cotton pads, disc cleanser, tissues, wipes, and organic feminine moisturizers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The organic feminine care market research report is one of a series of new reports from The Business Research Company that provides organic feminine care market statistics, including organic feminine care industry global market size, regional shares, competitors with an organic feminine care market share, detailed organic feminine care market segments, market trends and opportunities, and any further data you may need to thrive in the organic feminine care industry. This organic feminine care market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

A seismic survey refers to a type of geophysical survey that attempts to measure the earth's characteristics using physical concepts such as electric, magnetic, thermal, gravitational, and elastic theories. It relies on the concept of elasticity and attempts to determine the elastic characteristics of materials by observing how they react to seismic (or elastic) waves, which are elastic disturbances. The main types of seismic surveys are reflection, refraction, and surface waves. Reflection refers to the process of a spreading wave (light or sound) falling back off a surface. It provides various services such as data interpretation, data processing, and data acquisition. These can be deployed offshore and onshore, with a variety of technologies included, such as 2D imaging, 3D imaging, and 4D imaging. These are used for several applications, including oil and gas, geological exploration, mining, and others. The global seismic survey market is segmented - 1) By Type: Reflection, Refraction, Surface-Wave 2) By Service Type: Data Interpretation, Data Processing, Data Acquisition 3) By Deployment: Offshore, Onshore 4) By Technology: 2D Imaging, 3D Imaging, 4D Imaging 5) By Application: Oil And Gas, Geological Exploration, Mining, Other Applications The global seismic survey market is expected to grow from $8.78 billion in 2022 to $9.35 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The seismic survey market is expected to reach $11.56 billion in 2027 at a CAGR of 5.4%. The growing need for oil and gas is expected to propel the growth of the seismic survey market going forward. Oil and gas refer to natural resources extracted from the earth and used as energy and fuel sources. Seismic surveys play a significant role in oil and gas exploration. It is a technique used to image the earth's subsurface by recording the vibrations caused by seismic waves, monitoring oil and gas fields, and optimizing production. For instance, in July 2023, according to the U.S. Energy Information Administration, a US-based federal statistical system for gathering, processing, and disseminating energy data, there will be an increase in U.S. crude oil production to 12.6 million barrels per day (b/d) in 2023 from the record high of 11.89 million barrels per day in 2022. It is estimated to reach 12.85 million b/d in the year 2024. Furthermore, in September 2022, according to the International Energy Agency, a Paris-based autonomous intergovernmental organization, the U.S. consumed an average of 86.6 billion cubic feet of natural gas per day (Bcf/d) in 2022, the highest annual consumption of natural gas in the U.S. as compared to the previous year. Therefore, the growing need for oil and gas is driving the growth of the seismic survey market. Major players in the seismic survey market are China National Petroleum Corporation, Schlumberger Limited (SLB) Limited, Fugro N.V., CGG SA, Petroleum Geo-Services ASA, Terra Seis Group, TGS Nopec Geophysical ASA, Shearwater Geoservices Limited, Global Geophysical Services Inc., SAExploration Inc., Spectrum ASA, ION Geophysical Corporation, Fairfield Industries Incorporated, Geospace Technologies Corp., Katalyst Data Management LLC, Geokinetics Inc., Dawson Geophysical Co., Terrex Seismic, NodalSeismic LLC, TerraSond Limited, SeaBird Exploration Plc., Pulse Seismic Inc., Axxis Geo Solutions ASA, Alpine Ocean Seismic Survey Inc., Dolphin Geophysical AS, EON Geosciences Inc., Explor, Lone Star Land Surveying and Mapping, New Resolution Geophysics (NRG), and Agile Seismic LLC. Advancement in seismic technologies is a key trend gaining popularity in the seismic survey market. Major players operating in the seismic survey market are developing innovative seismic survey technologies to sustain their position in the market. For instance, in October 2021, Shearwater GeoServices, a Norway-based company that creates and develops new technologies for seismic surveys, launched Harmony, a new seismic source technology for marine surveys. This innovative technology is designed to provide enhanced subsurface characterization for marine surveys. The new Harmony technology delivers seismic surveys with increased low frequencies, allowing for better judgments in development, exploration, carbon capture, and monitoring applications. It enables deeper seismic image processing, more accurate representations of the earth's subsurface, and more exact calculations of reservoir parameters for 3D and 4D applications. Shearwater intends to make Harmony widely accessible by utilizing its massive fleet of vessels to enable clients in various locations to get acquainted with and use this technology. In June 2022, Ocean Floor Geophysics Inc., a Canada-based company that carries out seismic surveys, acquired NCS SubSea Inc. for an undisclosed amount. Through this acquisition, Ocean Floor Geophysics Inc. aims to gain access to P-Cable technology, strengthen its position in the seismic data acquisition market, and expand its geographic reach. NCS SubSea Inc. is a US-based company that provides ultrahigh resolution (UHR) 2D/3D/4D marine seismic survey and navigation support services. North America was the largest region in the seismic survey market in 2022. The regions covered in seismic survey report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the seismic survey market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The seismic survey market consists of revenues earned by entities by providing services such as borehole seismic surveys, multi-client acquisition surveys, seismic consulting, interpretation, seismic data visualization, and seismic data processing. The market value includes the value of related goods sold by the service provider or included within the service offering. The seismic survey market also includes sales of recording systems, data interpretation tools, seismic sensors, and the seismic acquisition system. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The seismic survey market research report is one of a series of new reports from The Business Research Company that provides seismic survey market statistics, including seismic survey industry global market size, regional shares, competitors with a seismic survey market share, detailed seismic survey market segments, market trends and opportunities, and any further data you may need to thrive in the seismic survey industry. This seismic survey market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

A contract cleaning service refers to an agreement between a cleaning service provider and a client, where the cleaning service provider agrees to offer their labor in exchange for payment. These services involve entering into a contract or agreement with the cleaning company to perform various cleaning and maintenance duties regularly. The main types of contract cleaning services are window cleaning, floor, and carpet cleaning, upholstery cleaning, construction cleaning, and others. Window cleaning involves cleaning windows, glass surfaces, and sometimes frames to remove dirt, dust, smudges, and other debris. Window cleaning services are typically offered to commercial buildings, offices, residential complexes, and other establishments where clean and clear windows are desired for aesthetic and functional purposes. The ingredients used include surfactants, solvents, chelating agents, pH regulators, solubilizers or hydrotropes, enzymes, and others used by residential, industrial, healthcare, and medical facilities, and other end-users. The global contract cleaning services market is segmented - 1) By Service Type: Window Cleaning, Floor And Carpet Cleaning, Upholstery Cleaning, Construction Cleaning, Other Services 2) By Ingredient: Surfactants, Solvents, Chelating Agents, pH Regulators, Solubilizers Or Hydrotropes, Enzymes, Other Ingredients 3) By End-User: Residential, Industrial, Healthcare And Medical Facilities, Other End-Users The global contract cleaning services market is expected to grow from $345.85 billion in 2022 to $368.94 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The contract cleaning services market is expected to reach $479.51 billion in 2027 at a CAGR of 6.8%. The increasing construction activities are expected to propel the growth of the contract cleaning services market going forward. Construction refers to the actions involved in installing and assembling project tools and materials on the work site following approved construction plans, guidelines, and specifications. Professional cleaning services can help remove debris, dust, and other hazardous materials that may pose a risk to health and safety. Hiring a contract cleaning service can help save time, effort, and energy that can be better used in other aspects of the project. For instance, according to a report published by the Office for National Statistics, a UK-based producer of official statistics, in 2023, in Quarter 2022 compared to Quarter 2022, quarterly construction production increased by 0.3%. The rise was due to increases in new work (0.4%) and repair and maintenance (0.1%). After a record growth of 12.8% in 2021, the annual production of construction climbed by 5.6% in 2022 compared to 2021. Therefore, the increasing construction activities are driving the growth of the contract cleaning services market. Major players in the contract cleaning services market are Sodexo SA, ISS Facility Services Inc., ABM Industries Inc., Mitie Group PLC, ServiceMaster Co, Planned Companies, KBS LLC, Pritchard Industries Inc., FBG Service Corporation, Stanley Steemer International Inc., Atlas FM, Bark.com Global Limited., Stratus Building Solutions, Jani-King International Inc., Jan-pro Cleaning Systems, COIT Cleaning and Restoration Services, Master Klean, Cleaning Services Group Inc., React Group PLC, Triad Cleaning Solutions, Bonus Building Care, Four Star General Cleaning Service, Extra Clean Inc., Duraclean International Inc., and Anago Cleaning Systems. Green cleaning is a key trend gaining popularity in the contract cleaning services market. Major companies operating in the contract cleaning services market are adopting green cleaning to meet specific demands and sustain their position in the market. For instance, in October 2022, Betco Corporation, a US-based chemical and equipment manufacturer, in partnership with EnviroZyme, a US-based manufacturer of biological technologies, launched EnviroZyme probiotic solutions. This probiotic cleaning program replaces harsh, traditional cleaning chemicals with natural, non-toxic, and biodegradable formulas that are safe for the environment. In February 2021, REACT Group plc, a UK-based cleaning services company, acquired Fidelis Contract Services for approximately $6.1 million. With this acquisition, REACT Group plc can be profit accretive and help increase its services' scale. Fidelis Contract Services is a UK-based commercial cleaning company that provides specialist cleaning services. North America was the largest region in the contract cleaning services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contract cleaning services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the contract cleaning services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The contract cleaning services market includes revenues earned by entities by providing services such as janitorial cleaning, housekeeping, deep cleaning, pressure washing, and sanitization services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The contract cleaning services research report is one of a series of new reports from The Business Research Company that provides contract cleaning services market statistics, including the contract cleaning services industry's global market size, regional shares, competitors with contract cleaning services market share, detailed contract cleaning services market segments, market trends and opportunities, and any further data you may need to thrive in the contract cleaning services industry. This contract cleaning services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Shea butter is a fat derived from the African shea tree's nut (Vitellaria paradoxa). It is ivory in appearance when raw and is generally tinted yellow using borututu root or palm oil. Shea butter is often used in cosmetics as a moisturizer, salve, or lotion. In some African countries, it is also nutritious and utilized in food preparation. The main types of shea butter products are raw and unrefined shea butter and refined shea butter. Raw and unrefined shea butter is the purest form of shea butter and is used for cosmetics due to its high content of vitamins, fatty acids, and other beneficial compounds. These are available in organic and conventional forms and are used for several applications, including food processing, cosmetics and personal care, pharmaceuticals, and others. The global shea butter market is segmented - 1) By Product: Raw And Unrefined Shea Butter, Refined Shea Butter 2) By Nature: Organic, Conventional 3) By Application: Food Processing, Cosmetics And Personal Care, Pharmaceuticals, Other Applications The global shea butter market is expected to grow from $1.87 billion in 2022 to $2.01 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The shea butter market is expected to reach $2.61 billion in 2027 at a CAGR of 6.7%. The increasing use of cosmetics is expected to propel the growth of the shea butter market. Cosmetics refer to a diverse range of products applied to the body, face, hair, or nails to enhance or alter appearance. Shea butter is commonly used in cosmetics for its moisturizing, nourishing, and anti-inflammatory properties, promoting healthier, more hydrated skin and hair. For instance, in 2021, according to the annual organic beauty and wellbeing report by the Soil Association, a UK-based charity organization, the sales of Soil Association-certified organic and natural beauty and wellbeing products in the UK grew by 15%, reaching approximately $170 million in 2021. Furthermore, in January 2021, according to Automat.ai, a Canada-based business service, software, and computer software company, in the US, sales of skincare products increased by 13% in 2021, while sales of makeup items increased by 1%. Further, the growth of online beauty merchants was 24%, with skincare taking the lead. Therefore, the increasing use of cosmetics is driving the growth of the shea butter market. Major players in the shea butter market are BASF SE, Bunge Limited, Wilmar Africa Limited, Clariant AG, AAK AB, Fuji Oil Holdings Inc., Croda International plc, L'Occitane en Provence, NOW Foods, Lily of the Desert, 3F Industries Limited, Anderson International Corp., OLVEA Group, Bulk Apothecary, International Oils & Fats Limited, Akoma International Ltd., Manorama Industries Limited, Sophim S.A., The Savannah Fruits Company, Green Leaf Naturals, Makers Ingredients Limited, Ghana Nuts Company Limited, Terry Laboratories LLC, Shea Radiance, Better Butter Company, Zoic Cosmetics, Shebu Industries, Jiangxi Hualong Plant Spice Co. Ltd., Suru Chemicals & Pharmaceuticals Pvt. Ltd., and Purenso Select. Integrating advanced technology and product innovations has emerged as a key trend gaining popularity in the shea butter market. Major companies operating in the shea butter market are focused on integrating advanced technology to sustain their position in the market. For instance, in August 2020, Nufabrx, a US-based biotechnology company, launched Soliscia, a first-of-its-kind shea butter-infused face mask designed for safety and smooth skin. The company used patented technology to inject shea butter into each fiber, guaranteeing that users experience continuous, even wetness throughout each use. The well-known, powerful moisturizer is delivered to the skin directly through the mask, which is also made to be comfortable and breathable. Soliscia is a copper-powered, reusable, and machine-washable mask that offers superior filtration properties and relief. In October 2020, Unilever PLC, a UK-based consumer packaged goods company, acquired Sundial Brands for an undisclosed amount. Through this acquisition, Unilever PLC can enter new categories of products and serve more customers with wide choices. Sundial Brands is a US-based personal care product company that manufactures SheaMoisture, which uses shea-based ingredients for its products. North America was the largest region in the shea butter market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in shea butter report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the shea butter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The shea butter market consists of sales of shea butter extract and shea tree seed fat. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The shea butter market research report is one of a series of new reports from The Business Research Company that provides shea butter market statistics, including shea butter industry global market size, regional shares, competitors with a shea butter market share, detailed shea butter market segments, market trends and opportunities, and any further data you may need to thrive in the shea butter industry. This shea butter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Professional beauty services refer to various specialized services that offer a variety of cosmetic treatments and services for men and women. These services are often provided in salons, spas, or other beauty facilities, by skilled and authorized members of the beauty industry. The main types of service platforms included in professional beauty services are spas and beauty centers, dermatological and cosmetic centers, beauty institutes, and others. Hair care services refer to any work that is done to the head's natural hair or a wig that a person is wearing, including arranging, cutting, dressing, curling, waving, washing, singeing, bleaching, dyeing, tinting, trimming, styling, relaxing, perming, and straightening. They provide several services, including haircare services, skincare services, nail care services, makeup and cosmetics services, spa and wellness services, and others, to various consumer groups, such as males and females of different age groups, including those below 20 years, 20–45 years, and above 45 years. These services can be booked online and offline. The global professional beauty services market is segmented - 1) By Service Platform: Spa And Beauty Centers, Dermatological And Cosmetic Centers, Beauty Institutes, Other Service Platforms 2) By Service: Haircare Services, Skincare Services, Nail Care Services, Makeup And Cosmetics Services, Spa And Wellness Services, Other Services 3) By Consumer Group: Male, Female 4) By Age Group: Below 20 Years, 20 – 45 Years, Above 45 Years 5) Booking Type: Online, Offline The global professional beauty services market is expected to grow from $198.84 billion in 2022 to $213.4 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The professional beauty services market is expected to reach $273.36 billion in 2027 at a CAGR of 6.4%. The expanding beauty and cosmetics industry is expected to propel the growth of the professional beauty services market going forward. The beauty and cosmetics industry refers to a sector of the economy that includes a broad range of personal goods (skincare, color cosmetics, hair care, and fragrances), services (salons and day spas), and related activities. Professional beauty service providers play a significant role in the beauty and cosmetics industry as they are trained to provide arrays of beauty services such as facials, nail care, and makeup applications. For instance, in June 2023, according to the National Hair and Beauty Federation, a UK-based trade association for hairdressing, barbering, and beauty salon owners, between March 2021 and March 2022, the number of hair and beauty firms in the UK rose by 2,215, reaching 48,425 businesses. Further, in 2020–2021, the hair and beauty sector generated $5.9 billion (£4.6 billion) in revenue. Therefore, the expanding beauty and cosmetics industry is driving the growth of the professional beauty services market. Major players in the professional beauty services market are L'Oréal Group., Ulta Beauty Inc., Sephora, Beiersdorf AG, Sally Beauty Holdings Inc., Matrix, Fantastic Sams Holding Corp., Great Clips Inc., The Lash Lounge, Faire Wholesale Inc., Regis Corporation, Paula’s Choice LLC, Toni & Guy, Drybar LLC, Tatcha LLC, Floyd's 99 Holdings LLC, Dermalogica, Mamaearth, Tommy Gun's Original Barbershop, Kerastase, Ouai, Kut N Beauty Salon & Supply, Redken, La Roche-Posay, Sport Clips Inc., SkinCeuticals, Living Proof, Maxx Beauty Supply, HOME SALON, and Lakme Salon. Technological advancements are a key trend gaining popularity in the professional beauty services market. Major companies operating in the professional beauty services market are adopting new technologies to sustain their position in the market. For instance, in January 2023, The Estée Lauder Companies (ELC), a US-based cosmetics company, launched its Voice-Enabled Makeup Assistant (VMA), an AI-powered beauty app for visually impaired users. When applying makeup, VMA uses voice teaching technology to help the user; they hear audio feedback and advice on whether their lipstick, eyeshadow, or foundation is applied evenly. ELC's Augmented Reality and Artificial Intelligence capabilities, created using machine learning, power VMA's innovative smart mirror technology. In July 2022, Henkel, a Germany-based chemical and consumer goods company, acquired the professional hair business of Shiseido Company Limited for an undisclosed amount. With this acquisition, Henkel has established itself as a dominant force in the regional hair professional industry, with extreme market positions in China and Japan. Shiseido Company Ltd. is a Japan-based provider of professional beauty services and treatments. North America was the largest region in the professional beauty services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in professional beauty services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the professional beauty services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The professional beauty services market includes revenues earned by entities by providing eyebrow tinting, hair smoothening, waxing, facials, threading, pedicures, and manicures. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The professional beauty services market research report is one of a series of new reports from The Business Research Company that provides professional beauty services market statistics, including professional beauty services industry global market size, regional shares, competitors with a professional beauty services market share, detailed professional beauty services market segments, market trends and opportunities, and any further data you may need to thrive in the professional beauty services industry. This professional beauty services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.