Tag Archives: Growth

Cosmetics & Toiletries Market in China Set For Tremendous Growth

According to our research report, “Cosmetics and Toiletries Market in China”, China represents one of the most dynamic and untapped cosmetics and toiletries markets in the world. The economy transformation and expansion phase has proved to be highly beneficial for the market during the last decade. Although the market has been registering impressive growth rates, the country still possesses immense growth potential. Owing to the extremely low-penetration level and vast consumer base, cosmetics and toiletries market in China will surge at a CAGR of over 12% during 2011-2014.

As per our analysis, skincare dominates the overall cosmetics and toiletries market in China. During 2010, the segment acquired lion’s share and showed further signs of growth, especially in the men’s skin care segment. Other segments, such as hair care, color cosmetics, fragrances, etc also experienced a double-digit growth during the past few years. Besides, cosmetics imports and exports in the country have also increased tremendously during the last year.

Further, market dynamics in this industry are fast changing with regular launches of new and improved products by both domestic and international players, who are trying to woo customers in this very competitive battle for market share.

The report also analyzes factors critical to the success of the cosmetics and toiletries industry in China. It not only discusses the market structure, current & past market performance of the cosmetics sector in China, but also sheds light on Chinese consumer behavior, emerging market opportunities, and key challenges. Forecasts for all the market segments, such as skin care, hair care, color cosmetics, and fragrance have also been included in the report to provide a better understanding of the cosmetics and toiletries industry in the country.

“Cosmetics and Toiletries Market in China”, also entails consumer behavior analysis, which will further facilitate client’s understanding of the purchasing power, demographic profile, and product preferences. In addition, special emphasis is also given on the understanding of government role, challenges, and opportunities areas in the industry. Due consideration is given on competitive landscape to enable clients understand the market structure and growth potential in the coming years.

Importance of Market Research For The Growth of Business

Profit is undoubtedly the ultimate goal of any business venture. To achieve this goal it is vital to understand the needs of customers and the market trends. This is exactly the purpose of market research.

There are many agencies that conduct researches on the behavioural patterns of the consumers. These researches can help you to analyse the requirements of the consumers and adopt necessary changes in the products and services and thereby increase profits.

The Need for Market Research Agencies

Market research agencies have an important role to play in improving business strategies. Different strategies are adopted by these agencies to improve sales and thereby profits. New companies require a complete market research to understand the business scenario of the product and services launched by them. The reports delivered by these agencies help the companies to grow better.

Through an effective market research it becomes easy to understand consumption patterns of the consumers. Consumer is considered the king and it is important to satisfy the needs of the consumers if the business has to thrive. The research agencies help the businesses to understand the demands of the customers thereby furnishing necessary information regarding the demand of the products.

The market research agencies adopt a systematic approach towards existing market situations. They conduct a detailed investigation about the customers’ approach towards a new product. Strategies like polling, data collection and so forth are used by these agencies to gather relevant information about the products and their demand. This helps the companies to take important decisions to improve sales and revenue.

Effective research strategies like public polling are done through interviews by selecting a target audience to answer a few questions pertaining to the products of the company. Through such surveys companies understand the needs of the potential clients. Such researches can help business to soar to new heights.

Market research usually involves two types of researches mainly-the primary and secondary research. The primary research is quite expensive and involves a thorough survey through telephones, emails, online surveys and so forth. Telephone surveys are quite expensive but it gives a clear insight to the opinions of the customers.

Interviews are also conducted with customers that are effectual in obtaining a holistic view of the situation. It is an expensive form of survey but helps to achieve its purpose. The market research consultants are professionals who make use of effective research tools that will help companies to compete with existing competitors and establish their business.

An effective marketing plan paves way for a successful business. Planning is essential and so are marketing strategies in a business. It is essential to identify new business verticals that can possibly bring forth profits. A complete analysis of existing competitors in the market is also pertinent for businesses to flourish.

Researches can also help to bring forth new innovations and improve existing products in lieu with the demands of the customers. The right market research agency can help you to establish your business. There are a number of online portals which showcase research agencies for a better business growth.

Stupendous Growth Observed in Global Genetic Testing Market

According to our latest report entitled, “Global Genetic Testing Market Analysis”, global genetic testing market witnessed a rapid growth rate in the recent years on the back of factors, such as increasing awareness level, rising prevalence of genetic disorders, and private sector participation. Recent industry developments and discovery of new genes are attracting a large number of global market players in the genetic tests segment. The market too has reached to the mark of around US$ 1.5 Billion in 2010 and is likely to grow at a CAGR of around 25% during 2012-2015.

We have found that DTC genetic test segment is fetching lots of attention from regulatory authorities and other concerned players. The concern over the selling of genetic tests directly to consumers and adoption of other advertising means has caused FDA intervention in the matter. Other countries are also pondering over the probable solution and it is expected that new regulations for DTC genetic tests may come in near future.

The report analyzes factors critical to the fast pace growth of the global genetic testing market. The report sheds light on the recent industry developments in which key product launches and strategic acquisitions among players have been covered in a prudent manner. Additionally, the report properly investigates the regulatory landscape with regards to genetic testing in key regions of the world.

The report, “Global Genetic Testing Market Analysis”, is an outcome of an extensive research and presents an in-depth analysis of the global genetic testing market. It provides future forecast on the market based on the correlation of past drivers, challenges, and opportunities for expansion. Key features of genetic testing market in key countries of the globe have been presented effectively. Last though not the least, a useful description of key market players and their products is also included in the report. Overall, the report is likely to provide clients a better understanding of genetic testing market.

US Generics Market Poised For Stupendous Growth

According to our research report, “Booming US Generic Drug Market”, the generic drug sector in the US is one of the fastest growing sectors, both in terms of drug sales as well as prescriptions. The growth is primarily driven by prominent factors, such as patent expiration of key blockbuster drugs, price differences, aging population, and government support. The generic drugs industry in the US was valued at US$ 81.5 Billion in 2010, and is expected to grow further at a CAGR of around 10% during 2010-2013.

Our research revealed human insulin segment to offer a significant growth potential for generics players as diabetes prevalence is rapidly increasing and there are key drugs going off-patent in the near future. Humalog and Novolog are the key drugs whose patents are likely to get expired in 2014 and 2017, respectively. Moreover, the cost of insulin in the US is one the highest in the world and no generic version of drugs is available at present.

The report, “Booming US Generic Drug Market”, illustrates the market potential for human insulin segment and covers detailed analysis on other related segments, such as lipid regulator, antipsychotics, angiotensin II receptor, anti-depressants, ppi etc. It also investigates the recent market trends and analyzes their impact on the market performance. These trends have been identified after an in-depth analysis of market developments and industry focus.

In short, the report is an outcome of an extensive research and prudent analysis of the US generics market that effectively evaluates past, present, and future market performance. The forecasts in the report make use of proper base and methods so that future outlook may be more realistic. Overall, the report is likely to provide clients with a significant insight into the US generics market.

Chinese IPTV Market to Witness Massive Growth

The Chinese IPTV market is the most attractive and largest IPTV market in the Asia-Pacific region. It is also the third largest IPTV market at the global level. There is a sustained growth in the demand for IPTV service in China. Further, the networks are being continuously upgraded and there is a constant innovation of services, such as single-play to Triple-play. Deployment of IPTV in various key Chinese provinces as of now is on schedule with new launches anticipated in other smaller and less developed provinces. Consequently, the number of IPTV subscribers in the country is estimated to grow at a CAGR of around 29% during 2012 – 2014, says our new report “Chinese IPTV Market Analysis”.

Our team of experts has done extensive research on the IPTV market and has found various reasons, which have supported and will further support the growth of the Chinese IPTV market. One of the main reasons for such a growth is the huge population base of the country and increasing broadband penetration in the country during last few years. This has provided huge customer base for the IPTV service providers in the country.

Our report has clearly segmented the IPTV market in the country on the basis of subscribers, revenue, and regional level. Detail statistical data and forecast for each segment has been provided in the report. Most importantly, our report has provided thorough description of competitors in each part of the IPYV value chain viz. telecom companies, equipment provider, and broadcasting companies.

“Chinese IPTV Market Analysis” also provides information of the key competitors in the market along with their business information and areas of expertise. The report shows a highly concentrated structure of the market, with the top players dominating the market. It provides segment level analysis of the industry along with emerging trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts, and vendors to get in-depth knowledge of the current, past, and future performance of the industry. The report provides an extensive research on the recent trends of the Chinese IPTV market.