The South Korean market for colour cosmetics reached a value of about USD 2.70 Billion during 2018-2024. The market is further expected to grow at a CAGR of about 5.90% in the forecast period of 2025-2034 to reach a value of around USD 4.79 Billion by 2034. Consumer awareness regarding natural and organic colour cosmetics and growing e-commerce is expected to drive market sales during the forecast period.

The market is projected to expand from USD 19.7 billion in 2025 to USD 44.5 billion by 2035, reflecting a CAGR of 9.8% over the forecast period.

Metric	Value
Industry Size (2025E)	USD 19.7 billion
Industry Value (2035F)	USD 44.5 billion
CAGR (2025 to 2035)	9.8%

Country-Wise Analysis

Countries	CAGR (2025 to 2035)
USA	7.2%
UK	6.9%
France	6.8%
Germany	7.0%
Italy	6.7%
South Korea	7.5%
Japan	7.1%
China	7.8%
Australia	6.6%
New Zealand	6.5%

Competitive Outlook

Company Name	Estimated Market Share (%)
Chanel (Boy de Chanel)	18-22%
L'Oréal (Men Expert)	14-18%
Tom Ford Beauty	10-14%
Fenty Beauty (Fenty Skin)	8-12%
Other Companies (combined)	35-45%

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

ATTRIBUTES	DETAILS
STUDY PERIOD	2017-2030
BASE YEAR	2024
FORECAST PERIOD	2025-2030
HISTORICAL PERIOD	2017-2024
UNIT	VALUE (USD MILLION)
KEY COMPANIES PROFILED	Lubrizol, DowDuPont, Alzo International, Others
SEGMENTS COVERED	By Product Type - Below 95%, 95%-98%, Above 98% By Application - Colour Cosmetics/Makeup, Skin Care, Hair Care, Others By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa

In 2025, the global waterless cosmetics market is estimated to be valued at approximately USD 12,385.9 Million. By 2035, it is projected to grow to around USD 40,221.0 Million, reflecting a compound annual growth rate (CAGR) of 12.5%.

Metric	Value
Market Size in 2025	USD 12,385.9 Million
Projected Market Size in 2035	USD 40,221.0 Million
CAGR (2025 to 2035)	12.5%

Country Wise Outlook

Country	CAGR (2025 to 2035)
USA	12.7%

Country	CAGR (2025 to 2035)
UK	12.3%

Region	CAGR (2025 to 2035)
European Union (EU)	12.5%

Country	CAGR (2025 to 2035)
Japan	12.4%

Country	CAGR (2025 to 2035)
South Korea	12.7%

Segmentation Outlook - Waterless Cosmetics Market

Product Type	Market Share (2025)
Skincare	46.8%

Consumer Orientation	Market Share (2025)
Women	60.7%

Competitive Outlook

Company Name	Estimated Market Share (%)
L’Oréal Group	18-22%
Procter & Gamble (P&G)	12-16%
Unilever	10-14%
Beiersdorf AG	8-12%
Pinch of Colour	4-7%
Other Companies (combined)	30-40%

Zinc Oxide for Cosmetics Market Outlook

The global market size for Zinc Oxide for cosmetics was valued at approximately $1.2 billion in 2023 and is anticipated to expand to $2.1 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.2% over the forecast period. The growth of this market can be attributed to the increasing consumer awareness about the damaging effects of ultraviolet (UV) rays and a rising preference for natural and organic cosmetic products.

One of the primary growth factors driving the zinc oxide for cosmetics market is the heightened awareness around skin protection. With the increasing intensity of UV radiation due to ozone layer depletion, there is a growing need for effective sun protection solutions. Zinc oxide is widely recognized for its ability to provide broad-spectrum UV protection, which makes it a favored ingredient in sunscreens and other skincare products. Additionally, the rise in skin-related issues such as acne, premature aging, and hyperpigmentation is further fueling the demand for zinc oxide-based cosmetics.

Another significant factor contributing to market growth is the trend towards natural and organic products. Consumers are becoming more conscious of the ingredients in their cosmetics and are leaning towards products that are free from harmful chemicals and synthetics. Zinc oxide, being a naturally occurring mineral, fits perfectly into the clean beauty trend. It is not only known for its sun protection properties but also for its anti-inflammatory and antimicrobial benefits, which are advantageous for various skincare applications.

The expanding middle-class population, particularly in emerging economies, is also propelling the growth of this market. With increasing disposable incomes, there is a higher expenditure on personal care and cosmetic products. People are more willing to invest in premium products that promise better skin health and protection. Furthermore, the influence of social media and beauty influencers is amplifying the demand for high-quality cosmetic ingredients like zinc oxide.

Zinc Pigment plays a crucial role in the cosmetics industry, particularly in the formulation of color cosmetics. This pigment is known for its excellent coverage and opacity, making it ideal for use in foundations, concealers, and other makeup products. Its ability to provide a smooth, even finish enhances the visual appeal of cosmetic products, while also offering added benefits such as UV protection. The demand for zinc pigment is growing as consumers seek makeup that not only beautifies but also protects the skin from environmental stressors. As a result, manufacturers are increasingly incorporating zinc pigment into their formulations to meet the evolving needs of the beauty market.

Regionally, the Asia Pacific market is expected to witness significant growth due to the rising beauty and personal care industry in countries like China, India, and South Korea. North America and Europe are also substantial markets, driven by the high consumer awareness and stringent regulations regarding the safety and efficacy of cosmetic products. The Middle East & Africa and Latin America markets are projected to grow at a moderate pace, supported by increasing urbanization and improving economic conditions.

Product Type Analysis

The zinc oxide for cosmetics market is segmented by product type into powder, dispersion, and others. The powder segment holds a significant share due to its versatility and ease of formulation in various cosmetic products. Zinc oxide powder is widely used in sunscreens, foundations, and other skincare products. Its fine particle size ensures smooth application and effective coverage, making it a preferred choice among formulators. Furthermore, advancements in nanotechnology have led to the development of ultra-fine zinc oxide powders, which offer enhanced transparency and UV protection without leaving a white residue on the skin.

The dispersion segment is also gaining traction, particularly in the formulation of liquid and cream-based cosmetics. Dispersions provide a uniform distribution of zinc oxide particles in the product, ensuring consistent performance and stability. This form is especially popular in sunscreens and moisturizers, where even coverage is crucial for effective protection. The growing demand for high-performance skincare products is driving the adoption of zinc oxide dispersions in the cosmetics industry.

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Cosmetic Contact Lenses Market Outlook

The global cosmetic contact lenses market size is expected to reach approximately USD 3.5 billion in 2023 and is projected to grow significantly, reaching USD 6.8 billion by 2032, demonstrating a robust CAGR of around 7.8% from 2024 to 2032. This growth is primarily driven by the increasing consumer demand for aesthetic enhancements, rising beauty consciousness, and the expanding fashion industry.

The burgeoning interest in personal aesthetics and fashion is a key growth factor in the cosmetic contact lenses market. With the growing influence of social media and the beauty and fashion industries, consumers are increasingly seeking products that enhance their appearance. Cosmetic contact lenses, which can change or enhance the natural eye color, have become a popular accessory. This trend is particularly prevalent among the younger demographic, who are heavily influenced by social media trends and beauty influencers. Additionally, the availability of a wide range of colors and designs in contact lenses allows consumers to experiment with different looks, further driving demand.

Technological advancements in contact lens materials and designs have also significantly contributed to market growth. Innovations such as silicone hydrogel lenses, which offer enhanced comfort and oxygen permeability, have improved the overall user experience. Manufacturers are continually investing in research and development to introduce lenses that not only provide aesthetic appeal but also ensure high levels of comfort and safety. This has led to an increase in consumer confidence and a broader acceptance of cosmetic contact lenses as a viable option for both aesthetic and corrective purposes.

The increasing prevalence of myopia and other vision impairments is another important growth driver. Many consumers who require vision correction are opting for cosmetic contact lenses as a means to combine functionality with fashion. The dual purpose of these lenses—correcting vision while enhancing appearance—makes them an attractive option for a wide range of consumers. Moreover, the convenience and affordability of disposable lenses have made them accessible to a larger population.

Regionally, the Asia Pacific region is expected to witness substantial growth in the cosmetic contact lenses market. Countries such as South Korea and Japan are at the forefront of this trend due to their strong beauty and fashion cultures. Additionally, increasing disposable incomes and a growing middle-class population in emerging economies like China and India are contributing to market growth. North America and Europe also hold significant market shares, driven by high consumer awareness and the presence of well-established players in these regions. The Middle East & Africa and Latin America are also expected to register steady growth, driven by increasing urbanization and changing lifestyle trends.

Product Type Analysis

The cosmetic contact lenses market can be segmented based on product types such as colored contact lenses, circle contact lenses, enhancement tints, visibility tints, and others. Colored contact lenses hold a significant market share due to their widespread popularity among consumers seeking to change their eye color for aesthetic purposes. These lenses are available in a variety of colors and patterns, catering to diverse consumer preferences. The ability to dramatically alter one’s appearance with colored lenses makes them a preferred choice for many, particularly among younger consumers and those active on social media.

Circle contact lenses, known for their ability to make the eyes appear larger and more defined, are particularly popular in the Asia Pacific region. These lenses are often used to achieve a "doll-like" appearance, which is a significant trend in countries like South Korea and Japan. The demand for circle lenses is driven by the influence of K-pop and J-pop culture, as well as the extensive use of such products by beauty influencers. The unique appeal of these lenses has led to their increasing adoption in other regions as well.

Enhancement tints are designed to enhance the natural color of the eyes rather than change it completely. These lenses are preferred by consumers looking for a subtle change or enhancement to their eye color. The market for enhancement tints is growing as more consumers seek a natural look with a slight enhancement. These lenses cater to individuals who want a less dramatic change but still want to achieve a noticeable difference in their appearance.<

BASE YEAR	2024
HISTORICAL DATA	2019 - 2024
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2023	4.75(USD Billion)
MARKET SIZE 2024	5.42(USD Billion)
MARKET SIZE 2032	15.6(USD Billion)
SEGMENTS COVERED	Application ,Leaf Origin ,Additives ,Form ,Organic Certification ,Regional
COUNTRIES COVERED	North America, Europe, APAC, South America, MEA
KEY MARKET DYNAMICS	Growing health consciousness Consumers seeking natural and healthy food options Rising popularity of matcha Its unique taste nutritional benefits and versatility appeal to consumers Expansion of online retailers Ecommerce platforms provide convenience and wide product availability Increasing demand in food and beverage industry Matcha used as an ingredient in lattes smoothies and baked goods Product innovation Introduction of new flavors and formats to meet evolving consumer preferences
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Cargill ,Unilever ,PepsiCo ,Mars ,Ezaki Glico ,Meiji ,Nestlé ,Barry Callebaut ,Lotte ,Kikkoman ,CocaCola ,Morinaga ,Guittard Chocolate Company ,Valrhona
MARKET FORECAST PERIOD	2025 - 2032
KEY MARKET OPPORTUNITIES	Growing demand for plantbased beverages Rising health consciousness Expansion of food and beverage industry Increasing awareness of matchas health benefits Product innovation and new flavors
COMPOUND ANNUAL GROWTH RATE (CAGR)	14.13% (2025 - 2032)

The global market for daily disposable colored contact lenses is experiencing robust growth, projected to reach $1653 million in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 11.6% from 2025 to 2033. This expansion is fueled by several key factors. The rising popularity of cosmetic contact lenses, particularly among young adults, is a primary driver. Increased disposable income, coupled with a growing awareness of eye health and safety, is leading consumers to favor daily disposables over longer-wearing lenses, minimizing the risk of infections and simplifying lens care. The convenience factor—no cleaning or storage required—is also a major selling point. Further, the increasing availability of a wide range of colors and designs, catering to diverse fashion trends and individual preferences, is significantly boosting market demand. Online sales channels are accelerating growth, offering direct-to-consumer access and competitive pricing. While the market is dominated by established players like Johnson & Johnson Vision Care, Alcon, and Bausch + Lomb, the presence of numerous smaller brands, especially in the Asia-Pacific region, signifies a competitive landscape ripe for innovation. The hydrogel and silicone hydrogel segments both contribute significantly to market growth, with silicone hydrogel lenses attracting a premium for their enhanced comfort and oxygen permeability. Looking ahead, market growth will likely be sustained by ongoing technological advancements leading to more comfortable, breathable, and visually appealing colored contact lenses. However, potential restraints include fluctuating raw material costs, stringent regulatory requirements in certain regions, and concerns about potential adverse effects associated with long-term contact lens use. To mitigate these, manufacturers are focusing on product diversification, expanding distribution networks, and emphasizing safe contact lens handling practices through targeted marketing campaigns. The Asia-Pacific region, particularly China, India, and South Korea, is anticipated to experience the most significant growth due to a burgeoning young population and increasing adoption of fashion-related products. North America and Europe will maintain their strong market positions, driven by higher disposable incomes and existing awareness of contact lens options. This market presents promising opportunities for both established brands and emerging companies focused on innovation, marketing, and strategic distribution.

Turmeric Oleoresin Market is expected to register high growth between 2025 to 2035 since there is growing usage of natural colour, flavouring, and bioactive extracts in the food, pharma, and cosmetic sectors. The market is expected to be around USD 82.77 million in 2025 and is expected to rise up to USD 131.03 million by 2035 at a compound annual growth rate (CAGR) of 4.7% during the forecast period.

Metric	Value
Industry Size (2025E)	USD 82.77 million
Industry Value (2035F)	USD 131.03 million
CAGR (2025 to 2035)	4.7%

Country Wise Outlook

Country	CAGR (2025 to 2035)
USA	4.6%

Country	CAGR (2025 to 2035)
UK	4.4%

Region	CAGR (2025 to 2035)
European Union	4.3%

Country	CAGR (2025 to 2035)
Japan	4.8%

Country	CAGR (2025 to 2035)
South Korea	4.7%

Segmentation Outlook

By End-Use	Market Share (2025)
Hotel	36%

By Product Type	Market Share (2025)
Powder	45%

Competitive Outlook

Company Name	Estimated Market Share (%)
Synthite Industries	20 - 25%
Kancor Ingredients	12 - 15%
SV Agrofoods	10 - 12%
Plant Lipids	8 - 10%
Arjuna Natural Ltd.	6 - 8%
Other Companies	35 - 40%

Eye Makeup Products Market Outlook

The global eye makeup products market size was valued at USD 14.2 billion in 2023 and is projected to reach USD 25.7 billion by 2032, expanding at a CAGR of 6.7% during the forecast period. The increasing emphasis on personal grooming, the proliferation of beauty influencers on social media, and the rising popularity of eye makeup among both young and mature demographics are key growth factors driving the market. Additionally, technological advancements in cosmetic formulations and the introduction of innovative products are expected to further boost market expansion.

One of the primary growth drivers of the eye makeup products market is the growing trend of self-expression through makeup. As societal norms evolve, makeup is increasingly seen as a form of art and a means of expressing one's individuality. This shift is particularly pronounced among younger consumers who follow beauty influencers and trends on social media platforms such as Instagram, YouTube, and TikTok. These platforms have democratized beauty tips and tutorials, making high-quality makeup application accessible to a broader audience and fueling the demand for eye makeup products.

Another significant factor contributing to market growth is the rise in disposable incomes and the consequent increase in consumer spending on premium and luxury beauty products. As economies develop and consumers become more affluent, the preference for high-quality, branded eye makeup products grows. Additionally, the global aging population is also a driving force, as older consumers seek products that can enhance their appearance and provide anti-aging benefits. The market is witnessing a surge in demand for products with skincare benefits, such as hydrating formulations and ingredients that minimize fine lines and wrinkles around the eyes.

The expanding e-commerce sector is also playing a pivotal role in the eye makeup products market. Online stores offer a convenient shopping experience, a wide variety of products, and the ability to compare prices and read customer reviews. The pandemic-induced shift to online shopping has further accelerated the growth of e-commerce channels. Brands are increasingly investing in their online presence and leveraging digital marketing strategies to reach a larger customer base. Virtual try-on tools and augmented reality (AR) technologies have also emerged, allowing consumers to visualize how products will look on them, thus enhancing the online shopping experience.

The trend of using Earth Tone Eye Shadow has gained significant traction, particularly among consumers seeking a more natural and subtle look. These shades, inspired by the colors of nature, offer a versatile palette that can complement a wide range of skin tones and enhance the eyes without overpowering them. Earth tones are especially popular for creating everyday looks that are suitable for both professional settings and casual outings. The appeal of these shades lies in their ability to provide a warm, understated elegance that resonates with the growing preference for minimalist makeup. As consumers increasingly gravitate towards products that offer both aesthetic appeal and ease of use, earth tone eye shadows are becoming a staple in many makeup collections.

Regionally, the eye makeup products market in the Asia Pacific is expected to witness significant growth. The rising urbanization, increasing beauty consciousness, and expanding middle-class population in countries like China and India are major factors driving the demand in this region. Additionally, the influence of K-beauty trends from South Korea, known for its innovative and high-quality products, is significantly shaping consumer preferences. North America and Europe also hold substantial market shares, driven by high consumer spending on beauty products, widespread availability of products, and mature e-commerce ecosystems.

Product Type Analysis

The eye makeup products market is segmented by product type into eyeshadow, eyeliner, mascara, eyebrow products, and others. Eyeshadow is a prominent segment due to its versatility and the wide range of colors and finishes available. Consumers often seek eyeshadows that can create various looks, from subtle daytime to dramatic evening styles. The introduction of eyeshadow palettes that offer coordinated shades and textures has further driven the appeal of this segment. Eyeshadows are also frequently spotlighted in beauty influencer tutorials, boosting th

Lip Makeup Market Outlook

The global lip makeup market size is poised to reach $12 billion by 2032, growing from $8 billion in 2023, at an impressive compound annual growth rate (CAGR) of 4.5%. The market's robust growth is buoyed by an increasing inclination towards aesthetic appeal and self-expression through makeup, coupled with rising disposable incomes that allow for greater consumer spending on beauty products. The dynamic shift in consumer preferences, combined with the advent of innovative products and formulations, is acting as a significant catalyst for the growth of the lip makeup market globally.

One of the foremost growth factors is the increasing demand for organic and natural lip makeup products. Conscious consumerism is on the rise, with a significant number of consumers opting for products free from harmful chemicals, thereby driving the need for organic formulations. This shift is more prominent in developed regions where awareness regarding the adverse effects of synthetic ingredients is high. Brands are capitalizing on this trend by launching organic product lines, which not only cater to the demand but also allow them to command premium pricing, thus fueling market growth.

Additionally, the proliferation of social media and its influence on beauty standards is propelling the lip makeup market forward. Platforms like Instagram and YouTube have become conduits for beauty influencers who shape consumer perceptions and preferences. These platforms create trends such as matte finishes, long-lasting lip colors, and seasonal shades, driving consumers to purchase more products. This has also led to a surge in do-it-yourself makeup tutorials, increasing the frequency and volume of purchases among enthusiasts and professionals alike. The instantaneous nature of social media trends means that brands must continuously innovate and release new products to maintain consumer interest.

Technological advancements in the formulation of lip products are also contributing significantly to market growth. The development of long-wear, smudge-proof, and hydrating lip products has attracted consumers who value both aesthetics and functionality. Furthermore, the trend of personalization and customization has entered the lip makeup sector, with brands offering bespoke shades and finishes tailored to individual preferences. This not only enhances the consumer experience but also fosters brand loyalty, as users are more likely to stick with products that meet their specific needs and desires.

In the realm of lip makeup innovation, the concept of a Lipstick Freezer has emerged as a fascinating development. This tool is designed to maintain the integrity of lipstick products by preserving their texture and color in optimal conditions. As consumers increasingly seek high-performance makeup solutions, the Lipstick Freezer offers a unique advantage by extending the shelf life of lipsticks and ensuring they remain fresh and vibrant. This innovation aligns with the growing demand for sustainable beauty practices, as it reduces waste by preventing premature spoilage of products. Furthermore, it caters to makeup enthusiasts who invest in a diverse range of lip colors, providing a practical solution for storage and maintenance.

Regionally, Asia Pacific is expected to register the highest growth, driven by an expanding middle-class population and increasing urbanization. Countries such as China and India are witnessing a rise in beauty consciousness among consumers, coupled with an increase in disposable income, which is translating to higher spending on cosmetic products. Furthermore, the growing influence of Western beauty trends, alongside local trends in countries like Korea and Japan, which are known for their innovative beauty products, is expected to stimulate the market. North America and Europe continue to be significant markets due to the established beauty industry and high consumer demand for premium products.

Product Type Analysis

The lip makeup market is segmented into various product types including lipstick, lip gloss, lip liner, lip balm, and others. Among these, lipstick holds the largest share in the market, attributed to its ubiquitous appeal and variety of formulations available. Consumers have a multitude of options ranging from matte to glossy finishes, long-lasting to moisturizing formulas, catering to an array of preferences. The versatility of lipstick as a product that can dramatically transform an individual's look has sust

Semi Permanent Colorants Sales Market Outlook

The global semi-permanent colorants market is witnessing notable growth, with a market size of approximately USD 3 billion in 2023 and projected to reach around USD 5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.5%. The burgeoning demand for fashion and personal grooming products, along with a growing inclination towards temporary yet vibrant hair color solutions, are pivotal growth factors driving this market. The increasing awareness and preference for products that offer less damage to the hair compared to permanent dyes are further propelling market expansion. The versatile application of semi-permanent colorants, which allow for frequent changes in hair color without long-term commitment, is appealing to a broad spectrum of consumers across different age groups.

One of the primary growth drivers of the semi-permanent colorants market is the rising trend of personalized grooming and self-expression. As individuals increasingly seek to express their individuality through unique hair colors, the demand for semi-permanent colorants, which offer a broad palette of vibrant hues, has surged. Many consumers are opting for bold and bright colors to reflect their personal style, particularly the younger demographic, which significantly boosts market growth. Furthermore, the shift towards non-permanent options stems from the increased health consciousness among consumers, who are wary of the potential damage caused by permanent hair dyes. Semi-permanent colorants provide a safer alternative, as they contain fewer chemicals, such as ammonia and peroxide, thus preserving hair health while allowing for frequent style changes.

The evolution of social media and digital platforms is another important growth factor in this market. The influence of beauty bloggers, influencers, and celebrities showcasing vivid hair colors on platforms like Instagram and TikTok has significantly impacted consumer behavior. This digital exposure not only cultivates a desire for similar styles among viewers but also provides a platform for brands to engage directly with their target audience. As more individuals seek to emulate these trends, the sales of semi-permanent colorants have received a substantial boost. Additionally, e-commerce platforms have made it easier for consumers to access a wide variety of colorants, further contributing to market growth.

Technological advancements in the formulation of semi-permanent colorants also play a crucial role in market expansion. Innovations in product formulations that enhance color vibrancy, longevity, and hair care have been well-received by consumers. The development of vegan and cruelty-free colorants aligns with the growing consumer preference for ethical and sustainable products. Moreover, the convenience of application and removal of these products has made them a favorable choice among consumers who frequently change their hair color. These advancements contribute to the positive growth trajectory of the market.

Regionally, the market outlook for semi-permanent colorants indicates substantial growth prospects across various regions. North America and Europe, with their high fashion consciousness and strong presence of beauty and personal care brands, are expected to maintain significant market shares. The Asia Pacific region is anticipated to exhibit the fastest growth rate, driven by a large and youthful population, increasing urbanization, and rising disposable incomes. The influence of K-pop and anime culture in countries like South Korea and Japan also plays a role in boosting demand for vibrant hair colors in this region. Latin America and the Middle East & Africa regions are projected to witness moderate growth, with an increasing trend towards personal grooming and beauty awareness.

Product Type Analysis

The semi-permanent colorants market, when segmented by product type, includes cream, gel, and liquid formulations. Each of these types offers distinct advantages, catering to diverse consumer preferences and application needs. Cream-based colorants are renowned for their thick consistency, which facilitates precise application and thorough coverage, making them an ideal choice for those looking to cover gray hair or achieve even color distribution. The rich texture of cream formulations ensures minimal dripping, offering a mess-free experience, which is highly valued by users, especially those applying colorants at home. As a result, cream-based colorants maintain a strong presence in the market, appealing to both professional salons and individual consumers.

Gel