Over the years, the personal care industry has moved from clean, green, and natural ingredients (green beauty) to blue beauty. This analysis focuses on the various marine ingredients for personal care, tech innovations, benefits, and opportunities for various products.
Cannabinoids are used in pharmaceuticals, F&B, and other industries. With this sector still emerging, explore the challenges, product developments, new business models, the stakeholders involved, and the technology and business synergies required for commercialization.
This sector is expected to grow significantly due to the rising penetration of smartphones and mobile devices, and the increasing adoption of XR technologies. Read this research to learn more about the industry drivers, technology developments, growth opportunities, and upcoming challenges.
Growth is becoming increasingly difficult to achieve. Today, and for the foreseeable future, companies will battle with strategic imperatives that are putting increasing pressures on the growth they so desperately need. Frost & Sullivan has identified eight strategic imperatives that your team must fully embrace to understand the complexity of critical decisions: Innovative Business Models, Industry Convergence, Disruptive Technologies, Geopolitical Chaos, Competitive Intensity, Internal Challenges, Transformative Mega Trends, and Compression of Customer Value Chain.
Each imperative individually represents an uphill climb, but when combined, represent a relative Mount Everest that must be navigated to reach a growth summit. Here are four best practices to drive your growth pipeline during the current COVID-19 climate.
Best Practice #1: Know Your Numbers (facts)
COVID-19 has significantly impacted the growth environment in virtually every market. For some, those numbers are a positive net effect (albeit unwelcomed growth), provisioned by the accelerated uptake in technologies such as video collaboration. That market, for example, was growing at a CAGR of 17.2% prior to COVID-19. It has now accelerated to 24.6%. But not all markets have reacted this way. The average market price in the energy industry changed dramatically through the first 150 days of the pandemic, dropping -38.5%. Thus, with this shift, you have to refocus, revisit your original plans, and reinvest into optimal areas of growth. There is no doubt we are seeing fundamental profit pools shifting across respective value chains, and your organization will survive and thrive based on knowing your “new†numbers.
Schedule a consultation with an industry expert at no charge by contacting us at myfrost@frost.com. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
Robust Innovations Transforming Microelectronics Technologies
Read more Request Info
Growth Avenues for IT, Computing and Communications Technologies
Read more Request Info
Future Growth Potential of Advanced Coating & Surface Technologies
Read more Request Info
Latest Developments Redefining Advanced Medical Technologies
Read more Request Info
The response of most industrial
companies to the COVID-19 pandemic has been to
retrench and cut back, lower operating costs
and ride out the crisis. After all, who can
blame them? With revenues taking a huge hit for
a majority of companies, the top-of-mind issues
for executive leadership have been risk
mitigation, cash flow management and, in many
cases, simply survival.
Read more
Free time can take many different
shapes. Depending on your income, location,
age, and other various factors, it can be spent
in many different ways. Some may focus on
industrious pursuits such as additional
education, working on a side business, or civic
engagement. Others may pursue hobbies, faith or
exercise, while some spend their free time
socializing, engaging in entertainment, or
traveling.
Read more
Frost & Sullivan’s recent analysis, Future of Connected Living, reveals that the device-to-person ratio will exceed 20 to 1 by 2030 as the world enters the era of hyperconnectivity and catapults organizations’ digital transformation. The number of connected devices globally is projected to increase from 30.4 billion in 2020 to 200 billion in 2030 at a compound annual growth rate (CAGR) of 20.7%.
Frost & Sullivan’s recent analysis, Future of User Interfaces Shaping New Consumer Experiences, finds that user interface (UI) technologies have moved beyond the concept of simply representing machines to their users to enabling sophisticated and personalized interaction. The COVID-19 pandemic has accelerated their use in healthcare, manufacturing, education, retail, and banking to simplify interactivity and improve engagement.
The global economy went through an extremely turbulent phase in 2020 due to worldwide lockdowns, a crash in oil prices, trade and business restrictions and so on. However, economic recovery is expected to pick up in 2021, with easing restrictions, mass vaccine targets, demand-side revival and continued stimulus support. Full gross domestic product (GDP) recovery is expected by Q4 2021 under a baseline scenario.
Read more
