放眼全球：集团化运营，地域人文烙印强。经过世纪发展，化妆品行业已成为品牌驱动、集团运营为主的全球化产业（2016年全球市场近2200 亿美元），各国化妆品巨头逐渐形成。

历史上汽车蓝筹股的估值水平和行业估值水平具有明显的相关性，其估值水平波动基本上和行业估值水平波动保持一致。而上汽集团、福耀玻璃、华域汽车这些蓝筹股其实早在 2016 年就开启了估值提升之路，2017 年随着市场整体风险偏好的下降，更是出现了大幅的提升。

The global galley equipment market is segmented based on its applications into aviation segment and marine segment. The galley equipment market in the marine segment accounts for strong revenue share due to its larger requirements for galley inserts, which are expensive. However, the galley equipment used in the aviation segment is expected to post a higher growth rate as compared to the marine segment. The galley equipment in the aviation segment is expected to post a CAGR of 4.65% during the forecast period. The higher growth rate can be attributed majorly to the huge number of commercial aircraft orders from the airline companies across the world, and it provides an opportunity for the galley equipment vendors to flourish in the growing aviation market. Many galley equipment providers are entering strategic alliances with aircraft and ship manufacturers, with the aim of increasing their product reach and market share. For instance, JAMCO provides its galley inserts to Boeing 787 aircraft.

Food storage container manufacturers in the US are increasing investments in R&D to offer the best designs and materials. They are also focusing on improving the quality of products, keeping in mind the environmental and sustainability concerns. End-users are also looking for diversification for the uses of food storage containers. For instance,many end-users such as large restaurants prefer to prepare and store food in large quantities to improve their production efficiency. This necessitates the use of food storage containers, which helps save time and cost for end-users. It is equally important for end-users to choose the most durable food storage containers so that

they can withstand extreme temperature and help save cost.

The global life jacket market is driven by a demand from coast guards and government marine agencies globally. Recreation is another key end-user segment, which demands life jacket for activities such as water skiing, fishing, and boating. Strong demand from APAC and European countries contribute significantly to market growth. Inflatable life jackets offered by vendors will contribute to the global life jacket market significantly because of their comfortable and streamlined design that enable easy maneuverability. However, issues with non-compliance due to heavy weight of inherent life jackets leads to inefficiency during work. However, it represents a potential opportunity for vendors to introduce designs with features that provide both comfort and yet protection from accidents in water.

Menstruation is the discharge of blood and mucosal tissue from the inner lining of the uterus through the vagina. The common symptoms and signs of menstruation include acne, tender breasts, bloating, tiredness, irritability, and mood changes. In order to tackle menstruation issues, various products such as sanitary napkins, tampons, and menstrual cups are used. They are designed to absorb and hold body fluid effectively without causing any leakage, and reduce the effects of spillage. Among several feminine hygiene products, tampons are gaining popularity due to their effectiveness. They come in several shapes, sizes, forms, and absorption capacity.

Based on product type, the PPE market in the UK can be segmented as follows:Head, eye, and face protection,Hearing protection,Protective clothing,Respiratory protection,Foot and leg protection,Fall protection,Hand and arm protection.In 2015, in terms of revenue, the protective clothing segment held the majority share of 27% of the PPE market in the UK. Protective clothing is used in a wide range of

industries and the adoption of premium-priced, high-quality products is the major factor driving the growth of this segment. The hand and arm protection segment followed with a share of 25%, and the foot and leg protection segment with a share of 22% in 2015.

PPE is used to ensure the safety of workers in hazardous work environments. It is deployed in a wide range of industries such as machine shop, construction, and healthcare to protect the wearer from potentially hazardous elements like airborne flying particles, fire, and biological hazards such as pathogens. The global market for these products is expected to be driven primarily by an increasing demand from Asia-Pacific (APAC), where international companies are pioneering stringent safety programs in their countries of operation.Developed countries in APAC region such as Japan, Australia, and New Zealand have a set of well-defined government regulations that mandate worker safety, which contribute to the market growth in APAC. In some countries in APAC such as India, the government does not have well-defined regulations that ensure worker safety. So, the market for safety equipment is underpenetrated in India.However, the growing adoption of safety regulations in developing countries in the region such as India and China will drive the market growth. Moreover, the consumption of PPE is will also be fueled by industrial growth in these countries.Technavio forecasts the PPE market in India to grow at a CAGR of 13.01% in 2015-2020.

The global toilet tank market is witnessing growth in regions such as APAC, the Americas, and the ROW due to a rise in the number of commercial and residential buildings. This is directly attributed to an increase in construction-based activities across these regions and the demand for home improvement and refurbishments.Apart from this, there is an increasing demand for the concealed water tanks by the commercial buildings concentrating in increasing the aesthetic look of the bathroom.Also growing awareness of water saving techniques by adoption of modern cisterns which meet the water sense criteria set by authorities such as the Environmental Protection Agency (EPA) is a reason for adoption of such tanks. The eco-friendly toilets are in high demand today as they consume less water for one time flush. The adoption rate is high in certain regions due to scarcity of water in certain regions,making it necessary for sanitary ware vendors to concentrate on designing eco-friendly toilet tanks.

定制家具估值受地产影响，渗透率边界决定了成长与周期轻重，市场格局的判断决定买龙头还是买板块。