Global Aluminum Pigment Market 2018-2022
About this market
Emergence of private label brands to gain traction. Private label brands products are manufactured and sold by retailers. Many retailers across the globe are coming up with their own brand of coconut sugar. Technavio’s analysts have predicted that the coconut sugar market will register a CAGR of over 8% by 2023.
Increasing vegan population
The number of individuals adopting the vegan lifestyle is increasing due to growing awareness about various health benefits of the vegan diet.
Rules and guidelines issued by various governments in different countries regarding sales, marketing and labeling of coconut sugar restrict the growth of the global coconut sugar market.
For the detailed list of factors that will drive and challenge the growth of the coconut sugar market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Nutiva, and TreeLife the competitive environment is quite intense. Factors such as the increasing vegan population and the emergence of private label brands, will provide considerable growth opportunities to coconut sugar manufactures. Celebes Coconut Corporation, Coco Sugar Indonesia, NOW Foods, Nutiva, and TreeLife are some of the major companies covered in this report.
Technavio Announces the Publication of its Research Report – Global Aluminum Pigment Market 2018-2022
Technavio recognizes the following companies as the key players in the global aluminum pigment market: ALTANA, Carl Schlenk, DIC, Nippon Light Metal Holdings, and Silberline Manufacturing.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing popularity of color cosmetics.”
According to the report, one of the major drivers for this market is the wide range of end user applications.
Nippon Light Metal Holdings
and Silberline Manufacturing
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