The global watch industry is going strong, with continual innovations in smartwatches as well as quartz and mechanical. While the influence of the coronavirus is being felt across industries, watchmakers are still finding alternatives and opportunities to keep up sales. Major trade shows are building new platforms, and lower-priced brands have the potential to rise…
The handbag market in India has gone through constant transition over the last decade, thanks to the evolving consumption choices of Indian consumers, especially those reflecting their personalities. Indeed, the fashion accessory is no longer a mere necessity purchase for consumers in India, but an important component of the lifestyle shopping category. Given the growing…
The tourism industry has been hit incredibly hard by the travel restrictions implemented due to the COVID-19 pandemic. Countries have closed their borders to international tourism, and domestic tourism has come to a halt amid quarantines, lockdowns, and social distancing. This has been devastating for organizations and individuals in the tourism industry, but it’s also…
Coffee pods have become a staple in offices and homes around the world. Their convenience and variety make them crowd-pleasers, as they don’t require a lot of setup or cleaning and users can store multiple types at once without worrying about them going bad quickly. However, as with most single-serve products, coffee pods create a…
Stock images are essential components for a wide range of products, services, media, and other applications. From news publications to website design to advertising and beyond, demand for stock assets is strong across industries. With so many companies looking for stock photos and other assets, numerous stock image sites have developed to take advantage of…
The global plant-based meat market is becoming increasingly sophisticated. Companies are developing products so similar to animal products that they are difficult or impossible to tell apart from the real thing, helping manufacturers extend their reach to consumers who don’t want to give up the taste or texture of meat. As more varieties of imitation…
The global footwear market has been growing by leaps and bounds over the past few decades, thanks to the drastic rise in consumer spending patterns and a change in consumer perspective that puts style on the same footing as comfort. Standing on the verge of a retail revolution in a fast-changing retail landscape, major shoe companies are…
The COVID-19 pandemic is impacting markets in every segment of the economy, and smartphones are no exception. The smartphone industry has seen production disruptions as well as substantial changes in usage patterns, as social isolation impacts how much consumers use their phones and what they use them for. The influence goes both ways, however, and…
The global speakers market is diverse, with many different types of products to suit the needs of different consumers. Smart speakers are becoming increasingly popular, with multiple manufacturers and voice assistants to chose from. High-quality sound continues to grow more affordable as many customers seek to enhance their listening experience, but there are also numerous…
The global packaging market, valued at $589.9 billion in 2015, will reach $770.5 billion by 2020, with a CAGR of 5.6%.
