Luxury Writing Instruments And Stationery Global Market Report 2023 – By Type (Pens, Pencils, Coloring Instruments, Highlighters And Markers, Diaries And Notepads, Other Types), By Channel (Online, Offline), By Application (Students, Professionals, Institutions, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Luxury vinyl tiles (LVT) flooring refers to modular vinyl flooring in which tiles are laid out individually by using single sheets. The luxury vinyl tiles flooring is sustainable, easy to handle, durable, and acoustic. These are used to design office space or residential space to look like real wood. The main types of luxury vinyl tiles (LVT) flooring are rigid luxury vinyl tiles (LVT), and flexible luxury vinyl tiles (LVT). The rigid luxury vinyl tiles (LVT) flooring market consist of sales of rigid luxury vinyl tiles by entities (organizations, sole traders, and partnerships) that refer to a rigid core type of LVT, a click-type plank vinyl flooring that doesn’t require any adhesives. There are main three types of rigid LVT stone-polymer composite, wood-polymer composite, and Standard rigid core. These are used in residential and commercial industries. Luxury vinyl tiles (LVT) flooring is used by residential and non-residential end users. The global luxury vinyl tiles LVT flooring market is segmented - 1) By Type: Rigid Luxury Vinyl Tiles (LVT), Flexible Luxury Vinyl Tiles (LVT) 2) By Construction Type: New Construction, Renovation 3) By End-User: Residential, Non-Residential The global luxury vinyl tiles (lvt) flooring market size grew from $20.08 billion in 2022 to $23.06 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 market size of global luxury vinyl tiles (lvt) flooring market is expected to grow to $40.31 billion in 2027 at a CAGR of 15.0%. The high growth of the construction industry is expected to propel the growth of the luxury vinyl tiles (LVT) flooring market. Luxury vinyl flooring is economical and more efficient than other floorings currently available in the market, and additional factors of LVT such as cost-efficient, lightweight, and the requirement of low maintenance make them an ideal choice for flooring in the construction sector. For instance, according to the Office of National Statistics UK, the monthly construction output increased by 3.5% in volume in November 2021. Also, according to Invest India, an India-based national investment promotion and facilitation agency, the construction industry in India is expected to reach $1.4 trillion by 2025. Therefore, the high growth in the construction industry drives the luxury vinyl tiles flooring market. Major players in the luxury vinyl tiles (LVT) flooring market are Tarkett, Forbo, Armstrong, Shaw Industries, Inc., Gerflor, Interface, Mannington Mills, Inc., Mohawk Industries, Parador GmbH, Polyflor, Metroflor, Milliken, LG Hausys, and James Halstead PLC. Product innovations are a key trend gaining popularity in the luxury vinyl tiles (LVT) flooring market. The key players in the luxury vinyl titles flooring are focusing on developing innovative products with advanced technologies to reciprocate natural materials in the products with greater stability and ecological performance. For instance, in 2021, Tarkett, a company operating in the luxury vinyl tiles flooring market-based in France, launched a luxury vinyl tile collection called ID Inspiration that emulates natural materials such as wood and stone. It is intended for use in hospitality, education, residential, retail, and workplace interiors and is suitable for areas with moderate to high footfall. The product has been developed to harness the power of nature to create feel-good interiors and also to improve well-being by deepening the connection between the outdoors, and the interior spaces where people work, learn, and care. In November 2021, Tarkett, a company operating in the luxury vinyl tiles flooring market-based in France acquired Vinyasa, a Mexico-based company involved in manufacturing luxury vinyl tiles floorings and specializing in VCT product offerings, for an undisclosed amount. With this acquisition, Tarkett is focusing on LVT flooring production at the Florence campus and also expanding its manufacturing in North America. Asia-Pacific was the largest region in the luxury vinyl tiles (LVT) flooring market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global luxury vinyl tiles (LVT) flooring industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the luxury vinyl tiles (LVT) flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The luxury vinyl tiles (LVT) flooring market consists of sales of rigid luxury vinyl tiles and flexible luxury vinyl tiles. 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 luxury vinyl tiles (LVT) flooring market research report is one of a series of new reports from The Business Research Company that provides luxury vinyl tiles (LVT) flooring market statistics, including luxury vinyl tiles (LVT) flooring industry global market size, regional shares, competitors with a luxury vinyl tiles (LVT) flooring market share, detailed luxury vinyl tiles (LVT) flooring market segments, market trends and opportunities, and any further data you may need to thrive in the luxury vinyl tiles (LVT) flooring industry. This luxury vinyl tiles (LVT) flooring 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.

A luxury cigar is a tobacco leaf bundle that has been fermented, dried, and rolled into a royal, sumptuous, cylindrical shape for smoking. These cigars are 7 inches long and contain 5 to 20 grams of tobacco. It is created completely by hand from all-natural tobacco leaf, manually built, and wrapped. The main types of luxury cigars are machine-made cigars and handmade cigars. Machine-made cigars utilize high-speed machinery to combine short filler tobacco, usually scraps or pieces of tobacco, with a binder and wrapper. The different flavors include tobacco or no flavor, flavored, and are available in various shapes such as parejo cigars, figurado cigars. These are used by male and female smokers and distributed through several online and offline channels. The global luxury cigars market is segmented - 1) By Type: Machine-made Cigars, Handmade Cigars 2) By Shape: Parejo Cigars, Figurado Cigars 3) By Flavor: Tobacco/No Flavor, Flavored 4) By Application: Male Smokers, Female Smokers 5) By Distribution Channel: Online, Offline The global luxury cigars market size grew from $12.72 billion in 2022 to $12.13 billion in 2023 at a compound annual growth rate (CAGR) of -4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 market size of global luxury cigars market is expected to grow from $11.26 billion in 2027 at a CAGR of -1.8%. The increasing consumption of tobacco among millennials is expected to drive the growth of the luxury cigars market moving forward. The rise in tobacco consumption among younger affluent adults is due to the chemical nicotine, which makes people feel good while distracting them from negative thoughts, as a result, it increases the demand for luxury cigars. For instance, according to the Federal Trade Commission 2021, a US-based government agency, wholesalers, and retail chains sold a total of 203.7 billion cigarettes in 2020, up from 202.9 billion in 2019. Therefore, increasing consumption of tobacco among millennials drives the luxury cigars market. Major players in the luxury cigars market are Imperial Brands, Swedish Match, Swisher International, Scandinavian Tobacco Group, Agio Cigars, China Tobacco, Regius Cigars Ltd., Gurkha Cigar Group, Gran Habano Cigars, Mayan Import Company, The Villiger Group, Altadis, Cigar Aficionado, Montecristo, and Cohiba. Technological advancements have emerged as a key trend gaining popularity in the luxury cigars market. Major companies operating in the luxury cigars sector are focused on developing new technological solutions to reinforce their position. For instance, in September 2021, HumidifGroup USA, a US-based company specializing in the fabrication and design of accessories and packaging for the cigar sector, launched Ferio Tego Cigar Co based on Smart packaging technology. With a simple swipe of the phone, smart packaging immerses the end-user in information, sleek movies, and education. In November 2021, Scandinavian Tobacco Group A/S, a Denmark-based manufacturer of cigars and traditional pipe tobacco, acquired a majority stake in Moderno Orifice del Sigaro Italiano (MOSI) for an undisclosed amount. This acquisition boosts the company's share of the Italian machine-rolled cigar market and expands its dominance in Europe's machine-rolled cigar category. Moderno Orifice del Sigaro Italiano (MOSI) is an Italy-based company that manufactures machine-rolled cigars. North America was the largest region in the luxury cigars market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global luxury cigars market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the luxury cigars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The luxury cigar market consists of sales of hand-rolled and machine rolled luxury cigars. 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 luxury cigar market research report is one of a series of new reports from The Business Research Company that provides luxury cigar market statistics, including luxury cigar industry global market size, regional shares, competitors with a luxury cigar market share, detailed luxury cigar market segments, market trends and opportunities, and any further data you may need to thrive in the luxury cigar industry. This luxury cigar 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.

The luxury watch is a manually manufactured extraordinarily high-quality watches that come at a premium price and are classified to be luxury watches. These are the watches powered by manual and self-winding (automatic) movement. Parts of the movement are handmade and signify higher expenditure in production than industrially manufactured quartz watches. The main types of luxury watches are digital watches, and analog watches. The digital watch refers to a watch that displays the time in numerical digits rather than by hands on a dial. The various distribution channels include internet retailing, departmental stores, specialist retailers, exclusive showrooms, and other showrooms and are used by men, women, and unisex. The global luxury watch market is segmented – 1) By Type: Digital Watch, Analog Watch 2) By Distribution Channel: Internet Retailing, Departmental Stores, Specialist Retailers, Exclusive Showrooms, Other Distribution Channel 3) By End User: Men, Women, Unisex The global luxury watch market size will grow from $30.58 billion in 2022 to $34.17 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 market size of luxury watch is expected to grow to $49.68 billion in 2027 at a CAGR of 9.8%. The growing consumer preference for high-quality, premium watches in the luxury goods industry is expected to propel the growth of the luxury watch market. Growing consumer preference in the luxury watch market is characterized as the abstract preferences of individual buyers, estimated by their fulfillment with those things after they've bought them. This satisfaction is often indicated to as utility. Purchaser worth is not entirely set in stone by how buyer utility thinks about various things. The surge in the luxury watches market is driven due to people's preference for high-end watches, due to increase in rising disposable income, and an urge among adults to wear expensive luxury watches as a social statement of their identity, especially in developing countries. For instance, according to the Swiss watch industry federation, 2021 was the best year for the Swiss watches market. The all-out trade worth of Swiss watches for 2021 was CHF 22.3 billion, beating the past record-breaking record of CHF 22.25 billion, which in turn indicates growing consumer preference. Therefore, the growing consumer preference for high-quality, premium watches in the luxury goods industry drives the growth of the luxury watche market. Major players in the luxury watch market are Seiko Holdings, Citizen Watch Company of America Inc., LVMH Moet Hennessy -Louis Vuitton, Compagnie Financiere Richemont SA, The Swatch Group Ltd., Audemars Piguet, Richard Mille, CASIO, Computer Co. Ltd., Patek Philippe SA, Bernard Watch Co., Apple Inc., A. Lange & Söhne, Movado Group Inc., and Richard Mille. Product innovations have emerged as the key trend gaining popularity in the luxury watch market. Major companies operating in the luxury watch market are focused on developing innovations to meet customer demand. For instance, in April 2021, during the watch & wonders event, Jaeger-Le Coultre, a swiss based luxury watch company unveiled Reverso Hybris Mechanical Calibre 185 for the first time, known as the quadriptych is the first and only watch in the world to be made with four dials priced at staggering 1.6 million dollars. There are staggering 11 complications that go inside this epic timepiece of surprisingly wearable proportions, three of which are patented features found only in this watch. In June 2021, Seiko Holdings Corporation, a Japanese luxury watchmaker collaborated with Rowing Blazers, American clothing, and accessories brand, on two limited editions and one special edition timepiece for an undisclosed amount. This collaboration will help companies in coming up with watches that are inspired by sport, nostalgia, and travel. Western Europe was the largest region in the luxury watch market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the luxury watch market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the luxury watch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The luxury watch market consists of sales of smart watch, dress watches, quartz watches, field watch, chronograph watch and Swiss watches. 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 luxury watches market research report is one of a series of new reports from The Business Research Company that provides luxury watch market statistics, including luxury watch industry global market size, regional shares, competitors with a luxury watch market share, detailed luxury watch market segments, market trends and opportunities, and any further data you may need to thrive in the luxury watch industry. This luxury watch 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.

The luxury footwear is a type of luxury product manufactured using premium quality materials and provide greater durability, uniqueness, and comfort. Price, quality, rarity, beauty, extraordinariness, and symbolism are all common qualities of luxury footwear. Luxury footwear products usually have characteristics that include higher price, premium quality, rarity, aesthetics, extraordinariness, and symbolism. The main luxury footwear products include shoes, sandals, and other product types. Luxury shoes are manufactured using premium quality materials and provide greater durability, uniqueness, and comfort. Some of the qualities which differentiate luxury shoes from the rest are their uncommon quality of rarity, sophisticated design, extraordinary craftsmanship, longevity, and timelessness. The different distribution channels for luxury footwear include online and offline for end-users including men, women, and children. The global luxury footwear market is segmented – 1) By Product Type: Shoes, Sandals, Other Product Types 2) By Distribution Channel: Online, Offline 3) By End User: Men, Women, Children The global luxury footwear market size will grow from $25.99 billion in 2022 to $27.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 market size of luxury footwear is expected to grow to $35.08 billion in 2027 at a CAGR of 6.1%. The increasing spending on designer and branded luxury items is expected to propel the growth of the luxury footwear market. Luxury footwear is a type of luxury item that refers to footwear items that are typically associated with the wealthy or affluent. According to SaveMyCent, a US-based online coupon code provider, in 2020, US consumers spent $64.8 billion on luxury items. Consumers in China ($51.8 billion) and Japan ($21.2 billion) came in second and third, respectively. The Americas accounted for 28% of total global luxury expenditure in 2020. Therefore, the increasing spending on designer and branded luxury items is driving the growth of the luxury footwear market. Major players in the luxury footwear market are LVMH, A.Testoni, Adidas AG, Base London, Burberry Group PLC, Chanel, Dr. Martens, Furla SpA, Guccio Gucci S.p.A, Hermes International S.A., John Lobb Bootmaker, Longchamp, Lottusse, Luxottica Group, Mulberry Group, Prada Group, Airwair International Ltd., Armani Group, J Choo USA, Inc., Kering, Lee Cooper, Puma, Reebok International, and Stuart Weitzman. Technological advancements are a key trend gaining popularity in the luxury market. The companies operating in the luxury footwear market are focusing on developing future-sustainable and innovative products with recycled plastics to meet sustainability goals set by global organizations and governments across the globe. For instance, in 2020, Adidas, a Germany-based designer and producer of apparel, luxury footwear, accessories, and sports equipment, has developed plant-based leather material, which is made from mycelium, which is part of a fungus, for making shoes. Also in 2020, the company will have produced 15 million pairs of shoes that were made from recycled plastic waste collected from beaches and coastal regions. In June 2021, Fosun Fashion Group, a China-based international luxury fashion group, acquired Sergio Rossi S.p.A. from Absolute Luxury Holding S.r.l. for an undisclosed amount. The acquisition is expected to enrich FFG’s luxury brand portfolio, which presently includes Lanvin, Wolford, Caruso, and St. John Knits, complementing the group's core capacity through luxury accessories and will also expand into newer markets. Sergio Rossi S.p.A is an Italy-based manufacturer of luxury footwear. North America was the largest region in the luxury footwear market in 2022. Western Europe was the second largest region in the luxury footwear market share in 2022. The regions covered in the luxury footwear market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the luxury footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The luxury footwear market consists of sales of fashion boots, cowboy boots, hiking boots, sneakers and heels. 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 luxury footwear market research report is one of a series of new reports from The Business Research Company that provides luxury footwear market statistics, including global market size, regional shares, competitors with a luxury footwear market share, detailed luxury footwear market segments, market trends and opportunities, and any further data you may need to thrive in the luxury footwear industry. This luxury footwear 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.

Handwriting digital pens refer to a battery-operated writing instrument that helps the user to digitally capture a handwritten note or drawing. This comes with a USB that helps in uploading handwritten notes to personal computers. It is an electronic device that can share handwritten notes with other electronic devices and save handwritten text in a digital format. The usage types of handwriting digital pens include PCs, tablets, and smartphones. Handwriting digital pens are used on a PC just as the mouse on a desktop. This is used as a pointing device, used to navigate the tabs, read the content, and others. These are also applied in BFSI, healthcare, government, media and entertainment, education, retail, and others. The global handwriting digital pens market is segmented - 1) By Usage: PC, Tablet, Smartphone 2) By Application: BFSI, Healthcare, Government, Media And Entertainment, Education, Retail, Other Applications 3) By Platform Type: Android, iOS, Window 4) By Technology: Camera Digital Pen, Accelerometer Digital Pen, Trackball Digital Pen, Other Technologies The global handwriting digital pens market size will grow from $3.75 billion in 2022 to $4.16 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 market size of the handwriting digital pens is expected to grow to $6.45 billion in 2027 at a CAGR of 11.6%. The growing need to digitize businesses is expected to propel the growth of the handwriting digital pen market. The increase in digitalization is the main factor in the rise of businesses around the world. Digitalization in business has a massive impact on innovations, the handwriting digital pen is one such innovation which helps in converting handwritten analog information into digital data, which is utilized in various applications. According to International Data Corporation, a provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, global spending on the digital transformation (DX) of business practices, products, and organizations is forecast to reach $2.8 trillion in 2025, more than double the amount allocated in 2020. Therefore, the growing need to digitize businesses is driving the handwriting digital pen market growth. Major players in the handwriting digital pens market are Apple Inc., Dell Technologies Inc., Google LLC, Hanvon Technology, Hewlett-Packard Development Company L.P., Huawei Technologies Co. Ltd., Lenovo, Sony Corporation, Microsoft Corp., Samsung Electronics Co. Ltd., Wacom Co. Ltd., Doxper, DNS Overseas (XP-Pen), Seiko Epson Corporation, and Insignia. Recent developments that usually include, various innovations and new product launches are key trends in gaining popularity in the handwriting digital pens market. Many companies are developing new products to provide an enhanced experience to their customers. For instance, in 2020, India based digital pen solution company, Doxper announced the launch of a new product called an AI-powered digital pen and encoded paper solution. This new product is helping healthcare professionals in digitalizing patient records, ensuring the real-time, accurate data is digitalized. North America was the largest region in the handwriting digital pens market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the handwriting digital pens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the handwriting digital pens market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The handwriting digital pens market consists of sales of internal electronic circuits, sensors, bluetooth and internal storage memory. 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 handwriting digital pens market research report is one of a series of new reports from The Business Research Company that provides handwriting digital pens market statistics, including handwriting digital pens industry global market size, regional shares, competitors with a handwriting digital pens market share, detailed handwriting digital pens market segments, market trends and opportunities, and any further data you may need to thrive in the handwriting digital pens industry. The handwriting digital pens 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.

The luxury bath and body products are high-quality products intended for bathing and body care purpose. These products feel relaxing and luxurious due to high-quality ingredients used during manufacturing and generally cost high. The main products of luxury bath and body products is a body oil, body lotions and creams, body washes, and other products. Body oil refers to lightweight, nourishing, and protective moisturizers. The body oil soak into the upper layers of skin to enhance its quality and even the skin tone. The distribution channels of luxury bath and body products include online and offline. The global luxury bath and body products market is segmented - 1) By Product: Body Oil, Body Lotions & Creams, Body Washes, Other Products 2) By Distribution Channel: Online, Offline The global luxury bath and body products market size will grow from $15.06 billion in 2022 to $16.92 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 luxury bath and body products market size is expected to grow to $24.27 billion in 2027 at a CAGR of 9.4%. The rising demand for luxury products such as lotions, shower gels, and body wash is propelling the growth of the luxury bath and body products market. The luxury products refer to the lather well, smell wonderful and look lovely by the bath. The market is being driven by rising self-care trends and rising demand for luxury products such as lotions, shower gels, and body wash. For instance, according to the luxury report 2021 by Bain & Co., the demand for luxury products grew by 13% to 15% to EUR 1.14 trillion ($1.34 trillion) in 2021. Thus, the increasing demand for luxury products is expected to boost demand for luxury bath and body products during the forecast period. Major players in the luxury bath and body products market are Bamford, The Estee Lauder Companies Inc., This Works Products Limited, Augustinus Bader, Diptyque, Aromatherapy Associates, Tata Harper, Omorovicza, Chanel Limited, Chantecaille Ltd., Kao Corporation, Susanne Kaufmann, The Honest Company, Inc., Dr Teal, and Margot Elena. The integration of biotechnical innovations with bath products is a key trend in the luxury bath and body products market. Biotechnology is a biology-based technology that uses cellular and biomolecular processes to create technologies and products that improve the lives and the health of the planet. The companies operating luxury bath and body products are focusing on developing innovative products with greater efficacy and effectiveness. For instance, in October 2021, Everist, a single-use plastic-free beauty products manufacturer launched an innovative waterless body wash concentrate. The plant-based, vegan, cruelty-free formula included the goodness of many natural oils and nutrients. The body wash concentrate is water-activated by water with a simple paste-to-lather gesture. Consumers just need to lather the paste on their hands and start cleansing the skin. In July 2021, NuWhirl systems corp., a US-based, a luxury bath products manufacturer, acquired a luxury bath product line of custom molded products (CMP) for an undisclosed amount. The acquisition would strengthen the company's position as a top supplier of jetted and luxury bath products. NuWhirl's customer base and capabilities will be significantly expanded. CMP, is a European-based manufacturer of luxury bath and body products for the recreational pool and spa industry. North America was the largest region in the luxury bath and body products market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the luxury bath and body products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the luxury bath and body products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The luxury bath and body products market consist of sales of bath salt, body butter, shampoo bar, and essential oils. 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 luxury bath and body products market research report is one of a series of new reports from The Business Research Company that provides Luxury bath and body products market statistics, including luxury bath and body products industry global market size, regional shares, competitors with a luxury bath and body products market share, detailed luxury bath and body products market segments, market trends and opportunities, and any further data you may need to thrive in the luxury bath and body products industry. This luxury bath and body products 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.

Children and young adult books refer to written works intended to be read to or by children and teens, including poetry, short tales, novels, picture books, and chapter books. The main types of children and young adult books are print books, ebooks, and audiobooks. An audiobook is a spoken version of a book that has been published in electronic form. The children and young adult books are distributed through online distribution, offline distribution channels and are used by children (2 to 10 years), adolescents (11 to 17 years), young adults (18 to 25 years). The global children and young adult books market is segmented - 1) By Type: Print Book, Ebook, Audiobook 2) By End-user: Children (2 to 10 years), Adolescents (11 to 17 years), Young adults (18 to 25 years) 3) By Distribution Channel: Online distribution, Offline distribution The global children and young adult books market size will grow from $11.35 billion in 2022 to $11.59 billion in 2023 at a compound annual growth rate (CAGR) of 2.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 market size of global children and young adult books is expected to grow to $12.24 billion in 2027 at a CAGR of 1.4%. The increase in the disposable income of consumers contributed to the growth of the children and the youth-adult books market. An increase in disposable income boosts consumer purchasing power and increases the probability of consumer spending in leisure activities including reading books. For instance, the national median family income in the US for the fiscal year 2021 was $79,900, an increase from $78,500 in the fiscal year 2020. Therefore, the increase in the disposable income of consumers drove the growth of the children and young adult books market. Major players in the children and young adult books market are Hachette Book Group, Holtzbrinck Publishing Group, Phoenix Publishing House, Bonnier, China Publishing Group, De Agostini Editore, HarperCollins Publishers, Informa, Kadokawa Publishing, Kodansha, Shogakukan, Penguin Random House (Random House), Amazon.com, China South Publishing & Media Group, Bungeishunju, Planeta, Sanoma Media, Pearson, McGraw-Hill Education, Wolters Kluwer, Reed Elsevier, Grupo Planeta, ThomsonReuters, Scholastic, Cengage, Springer Science and Business Media, Shueisha, Wiley, Houghton Mifflin Harcourt, Gakken, and Oxford University Press. The increase of online book piracy in book publishing is a major challenge in the children and young adult books market. For many years, online piracy has been on the rise all over the world. Online piracy consumes nearly a quarter of global Internet bandwidth. Online piracy, which is frequently regarded as a victimless crime by the 'pirates,' results in billions of dollars in lost revenue. It harms the entire media industry, not just artists, creators, publishers, and distributors. In 2020, more than 130 billion visits were made to piracy websites. The United States, Russia, and China are the countries with the most visitors to piracy websites. The increase of online book piracy negatively impacts the children and the young adult book market. Books publishing companies are increasingly implementing personalized storybooks that allow inserting children's names, interests in the story. Most of the companies are publishing personalized bedtime storybooks. For instance, Wonderbly publishes a personalized story that lets the children imagine themselves doing some extraordinary things, and it also publishes a book for each age group accordingly. Bookyboo is another company that provides personalized books for children. In December 2021, Book Depot, an Ontario-based bargain book distributor, acquired American Book Company for an undisclosed amount. The acquisition is part of company’s growth strategy, and it would provide enhanced book distribution capabilities to the company. American Book Company is a US-based bargain book shop chain and book distributor. Asia-Pacific was the largest region in the children and young adult books market in 2022. North America was the second largest region in the global children and young adult books market share. The regions covered in the global children and young adult books market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the children and young adult books market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The children and young adult books market consists of revenues earned by entities by offering design, editing, and marketing activities necessary for producing and distributing children and young adult books. These establishments may publish books in print, electronic, or audio form. The market value includes the value of related goods sold by the service provider or included within the service offering. 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 children and young adult books market research report is one of a series of new reports from The Business Research Company that provides children and young adult books market statistics, including children and young adult books industry global market size, regional shares, competitors with a children and young adult books market share, detailed children and young adult books market segments, market trends and opportunities, and any further data you may need to thrive in the children and young adult books industry. This children and young adult books 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.

Institutional and office furniture refers to any piece of furniture with component parts that can stand alone and does not need to be installed, such as computer desks, chairs, file cabinets, tables, and lounge seating. The main types of institutional and office furniture are institutional furniture and office furniture. Any furnishing which is free-standing and does not necessitate component parts installation is considered office furniture. The different raw materials include wood, plastic, and metal and are distributed through various channels such as exclusive showrooms, online, supermarkets or hypermarkets, and others. The global institutional and office furniture market is segmented – 1) By Type: Institutional Furniture, Office Furniture 2) By Distribution Channel: Exclusive Showrooms, Online, Supermarkets/Hypermarkets, Other Distribution Channels 3) By Raw Material: Wood, Plastic, Metal Subsegments Covered: School Furniture , General Purpose Institutional Furniture, Public Bar, Bowling Center, Cafeteria, And Restaurant Furniture, Wooden Furniture, Metal Furniture, Plastic Furniture The global institutional and office furniture market size will grow from $223.39 billion in 2022 to $241.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 market size of institutional and office furniture is expected to grow to $318.05 billion in 2027 at a CAGR of 7.1%. Increasing demand for online shopping is expected to help the institutional and office furniture manufacturing market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the furniture manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of furniture manufacturers by giving larger exposure to producers who were confined to one geography. Major companies in the institutional and office furniture market include Steelcase Inc., Haworth, Inc., Herman Miller Inc., HNI Corporation, Kokuyo Co Ltd., Okamura Corporation, Itoki Corporation, Knoll Inc., Kimball International and Godrej & Boyce Mfg. Co. Ltd. The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the institutional and office furniture manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the institutional and office furniture market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Furniture manufacturers are adopting sustainable practices in their manufacturing process. This is mainly a result of growing consumer awareness of sustainable living that is resulting in increasing demand for eco–friendly furniture. This includes minimizing fuel consumption and recycling wood by-products. Companies manufacturing eco-friendly furniture products procure wood from plantations that grow sustainable plants and have a long-term conservation policy. For example, Crate and Barrel, a North American home retailer is working directly with the Tropical Forest Trust to ensure that the selected hardwood for manufacturing of their furniture is from sustainable plantations that are managed for their long-term conservation. Similarly, Ashley Furniture Industries, Inc. has adopted a “green” approach wherein it focuses on replenishing, recycling, and reusing of furniture by using recyclable engineered wood and by reducing raw materials wastage. Asia-Pacific was the largest region in the institutional and office furniture market in 2022. Western Europe was the second largest region in the institutional and office furniture market share. The regions covered in the institutional and office furniture market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the institutional and office furniture market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The institutional and office furniture market consists of sales of office chairs and tables, reception furniture, and retail sales. 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 institutional and office furniture market research report is one of a series of new reports from The Business Research Company that provides institutional and office furniture market statistics, including institutional and office furniture industry, global institutional and office furniture market size, regional shares, competitors with institutional and office furniture market share, detailed institutional and office furniture market segments, market institutional and office furniture trends and opportunities, and any further data you may need to thrive in the institutional and office furniture industry. This institutional and office furniture 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.