Press Releases by Category Consumer Goods & Retail
India Ready To Mix Food Market Set to Witness Significant Growth by 2025-2032 | …
The India Ready To Mix Food Market Report is the result of extensive research and analysis conducted by our team of experienced market researchers. It encompasses a wide range of critical factors influencing the India Ready To Mix Food Market, including competitive landscape, consumer behavior, and technological advancements. This report serves as a valuable resource for industry players, helping them make informed decisions and stay ahead of the competition in…
Elevated Spending On Branded Luxury Items Fuels Growth In The Footwear Store Mar …
What industry-specific factors are fueling the growth of the footwear stores market?
The growth of the footwear store market is anticipated to be driven by escalating expenditure on brand-name luxury goods. Luxury products are defined as those items or services deemed to be elite in society, ranging from haute couture attire to accessories like premium watches and jewelry, branded footwear, luggage, and beyond. Customers are showing a preference for buying more…
China Luxury Market Size to Surpass USD 456.1 Billion by 2032, at a CAGR of 4.68 …
China Luxury Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 4.68% (2024-2032)
The growing demand for premium products and experiences reflects China rising affluence and evolving consumer preferences, offering immense opportunities for luxury brands. According to IMARC Group, the China luxury market size reached USD 302.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 456.1 Billion by 2032, exhibiting a growth rate (CAGR) of…
Key Trend Reshaping the Cosmetics Stores Market in 2025: Innovative Technologies …
What combination of drivers is leading to accelerated growth in the cosmetics stores market?
The continued rise in demand for beauty products is projected to drive the growth of the beauty shop industry. Cosmetics are preparations meant to be applied to the skin and other body parts to enhance their look and charm. The increasing consciousness of personal cleanliness and skin health, the availability of a broad variety of affordable and…
Global Home Furnishings Stores Market Projected to Surpass $286.39 Billion by 20 …
What combination of drivers is leading to accelerated growth in the home furnishings stores market?
The rising fascination with interior design is projected to fuel the expansion of the home furnishings stores market in the near future. Interior design is a comprehensive process of creating an indoor environment that caters to human necessities. Consumers, influenced by home lifestyle and style enthusiasts, are ready to invest more in diverse designer and luxury…
Hair Care Stores Market Forecast 2025-2034: Evaluating Growth Factors, Segments, …
What combination of drivers is leading to accelerated growth in the hair care stores market?
The escalation in hair and scalp issues is propelling the expansion of the hair care stores market. These issues span across a multitude of conditions that affect the health and appearance of hair and scalp. Hair care stores offer a plethora of products and services designed to maintain good hair and scalp health. These include hair…
Key Trends Shaping the Future Convenience Stores Market From 2025-2034: Tech Wav …
Which drivers are expected to have the greatest impact on the over the convenience stores market's growth?
Increased spending power of consumers, due to a rise in disposable income, is anticipated to fuel the expansion of the convenience stores market. Disposable income pertains to the money that remains for saving and spending after paying income tax. When consumers see a rise in disposable income, they tend to increase their expenditures on…
Furniture Stores Market Outlook 2025-2034: Key Trends, Growth Drivers, and Marke …
What industry-specific factors are fueling the growth of the furniture stores market?
The growth of the furniture stores market is projected to be driven by the burgeoning demand for furniture. Furniture, which includes movable items designed to accommodate various human tasks such as sitting, dining, and storing items like chairs, tables, desks, and cabinets, is becoming more popular due to evolving home decorating and renovation trends worldwide. This is fueling the…
Rising Textile And Clothing Demand Fuels Robust Growth In The Clothing/Apparel S …
How Are the key drivers contributing to the expansion of the clothing/apparel stores market?
Anticipated rise in textile and garment demands should boost the advancement of the apparel/clothing store market. Textiles and garments indicate any material or item created from knitting, felting, or weaving, designed specifically for clothing purposed to guard against heat, cold, or water. The production of fresh materials and other objects from raw components like winter or summer…
Global Home Furnishings Stores Market Projected to Surpass $286.39 Billion by 20 …
What combination of drivers is leading to accelerated growth in the home furnishings stores market?
The rising fascination with interior design is projected to fuel the expansion of the home furnishings stores market in the near future. Interior design is a comprehensive process of creating an indoor environment that caters to human necessities. Consumers, influenced by home lifestyle and style enthusiasts, are ready to invest more in diverse designer and luxury…
Crop Insurance Market Size Worth USD 65.07 Bn by 2030 With CAGR of 6.1 Percent
The Crop Insurance Market was valued at $42.99 billion in 2023, and is expected to reach $65.07 billion by 2030, at a CAGR of 6.1% during the forecast period. The growth is mainly attributed to rising government initiatives to protect farmers against income fluctuations along with innovations in technology improving insurance accessibility.
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Drivers and Opportunities of the Market Growth
Climate change, uncertain weather patterns, and natural disasters…
Portable Beds Market to Witness Massive Growth by 2032 | Nilkamal Furniture, Shr …
The portable beds market is estimated to be valued at USD 5.58 Bn in 2025 and is expected to reach USD 8.79 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.7% from 2025 to 2032.
The latest study, titled Portable Beds Market 2025, published by Coherent Market Insights, offers valuable insights into regional and global markets expected to grow between 2025 and 2032. This comprehensive research examines evolving…
Online Gaming and Betting Market to Reach USD 132.99 Billion by 2030, Growing at …
Online Gaming and Betting Market Poised to Reach USD 132.99 Billion by 2030
The global online gaming and betting market is projected to reach approximately USD 132.99 billion by 2030, driven by advancements in internet infrastructure, increased smartphone penetration, and the rising popularity of digital betting platforms.
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Online Gaming and Betting Market Growth Drivers and Opportunities
The proliferation of high-speed internet and the widespread…
Furniture Stores Market Outlook 2025-2034: Key Trends, Growth Drivers, and Marke …
What industry-specific factors are fueling the growth of the furniture stores market?
The growth of the furniture stores market is projected to be driven by the burgeoning demand for furniture. Furniture, which includes movable items designed to accommodate various human tasks such as sitting, dining, and storing items like chairs, tables, desks, and cabinets, is becoming more popular due to evolving home decorating and renovation trends worldwide. This is fueling the…
Leading Element Driving Change in the Cosmetics And Personal Care Stores Market …
How Are the key drivers contributing to the expansion of the cosmetics and personal care stores market?
The rise in demand for healthier living and high standard hygiene is predicted to spur the expansion of the cosmetics and personal care stores market in the future. Leading a healthier lifestyle encompasses taking holistic care of the mind and body, which includes a balanced diet, regular exercise, proper sleep, effective stress management, and…
Protective Clothing Market Analysis and Forecast to 2033: Market Opportunities, …
The Protective Clothing Market is expected to reach US$ 17.6 billion by 2030, growing at a CAGR of 6% from 2022 to 2030. The market is primarily driven by the increasing implementation of stringent government regulations regarding worker safety across industries such as manufacturing, construction, oil & gas, and healthcare. Protective clothing is essential in preventing workplace hazards, ensuring compliance with safety norms, and reducing the risk of injuries. However,…
Kraft Paper Market to Reach USD 23.85 Billion by 2030, Growing at a 3.4% CAGR"
Kraft Paper Market Projected to Reach USD 23.85 Billion by 2030
The global kraft paper market, valued at USD 18.88 billion in 2023, is anticipated to reach USD 23.85 billion by 2030, driven by the increasing demand for sustainable packaging solutions and the expansion of the e-commerce industry.
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Kraft Paper Market Growth Drivers and Opportunities
The surge in environmental consciousness among consumers and stringent…
Step-by-step Guide to Setup a Glass Bottle Manufacturing Plant
Setting up a glass bottle manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Glass Bottle Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a glass…
Online Picture Framing Market Analysis and Forecast to 2033: Market Opportunitie …
The Online Picture Framing Market was valued at US$ 3,014.2 million in 2023 and is projected to grow at a CAGR of 7.41% from 2023 to 2033. The market's growth is primarily driven by the rising adoption of e-commerce platforms, making it easier for consumers to access personalized and customizable framing services online. With the convenience of browsing and ordering from home, the demand for online picture framing is expanding,…
North America Food Gifting Market Analysis and Forecast to 2033: Market Opportun …
The North America Food Gifting Market is projected to reach US$ 29.14 billion in 2023 and is expected to grow at a CAGR of 6.58% from 2023 to 2033. This growth is primarily driven by an increased emphasis on strengthening personal connections, particularly in the context of remote celebrations and social occasions. With consumers seeking meaningful ways to express care and affection, food gifting has become an important avenue for…
Sports Gun Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and …
How Are the key drivers contributing to the expansion of the sports gun market?
The global growth of the sports gun market is anticipated to be propelled by the escalating involvement in shooting sports worldwide. These sports exemplify the shooter's precision, control, and speed in aiming at targets using weapons like rifles and pistols. The expansion of awareness regarding firearm safety, availability of more training programs, and the emergence of competitive…
Corrugated Packaging Market to Grow at 6.2% CAGR Through 2033 | Persistence Mark …
Market Overview
The corrugated packaging market has witnessed significant growth in recent years, driven by increasing demand from various industries, including e-commerce, food and beverage, healthcare, and consumer goods. The growing emphasis on sustainable and eco-friendly packaging solutions is further propelling the market forward. Corrugated packaging, known for its durability, recyclability, and cost-effectiveness, is becoming the preferred choice for manufacturers and retailers worldwide.
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Nail Salon Market to Reach USD 25.92 Billion by 2032, Growing at an 8.1% CAGR"
Nail Salon Market Projected to Reach USD 25.92 Billion by 2032
The global nail salon market, valued at USD 13.90 billion in 2024, is anticipated to reach USD 25.92 billion by 2032, driven by the increasing emphasis on personal grooming and the influence of social media trends.
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Market Growth Drivers and Opportunities
The surge in demand for nail care services is primarily attributed to…
Home Appliance Services Market Analysis and Forecast to 2033: Market Opportuniti …
The Home Appliance Services Market was valued at US$ 30.56 billion in 2020 and is projected to grow at a CAGR of 4.05% from 2021 to 2028. The market is driven by the high adoption of smart home appliances, as consumers seek convenience, energy efficiency, and connectivity in their household devices. The rising penetration of IoT-enabled appliances has increased the demand for after-sales services, maintenance, and repairs. However, fluctuations in…
Coolers Market Analysis and Forecast to 2033: Market Opportunities, Trends, and …
The Coolers Market was valued at US$ 6.52 Billion in 2023 and is expected to grow at a robust CAGR of 11.85% from 2023 to 2033. One of the key driving factors fueling this market growth is the increasing focus on health and wellness, which has led to a higher demand for cooling solutions that promote better hydration and healthier lifestyles. As consumers become more health-conscious, there is a growing…
Bidets Market Analysis and Forecast to 2033: Market Opportunities, Trends, and P …
The Bidets Market was valued at US$ 2.94 billion in 2023 and is projected to grow at a CAGR of 6.12% from 2023 to 2033. The primary driving factors for this growth include the increasing awareness of hygiene and the rising shift toward more sustainable bathroom practices, with bidets offering an eco-friendly alternative to traditional toilet paper. As consumers become more conscious of the environmental impact of excessive paper consumption,…
Hotel Gift Card Market Set to Surpass US$ 228 Billion by 2033, Driven by Digital …
The global hotel gift card market is witnessing robust growth, driven by rising demand for travel-related gifting solutions, the adoption of digital gift cards, and the expansion of e-commerce platforms. According to a new study by Persistence Market Research, the global hotel gift card market generated a revenue of US$ 53,269.8 million in 2022 and is expected to reach a market valuation of US$ 228,120.5 million by 2033, expanding at…
Home Fitness Equipment Market Poised for Robust Growth, Set to Reach ~US$ 21.8 B …
The global home fitness equipment market is experiencing significant growth, with projections indicating an expansion at a CAGR of ~5.6% from 2023 to 2033. The market, which stood at approximately US$ 12 billion in 2022, is expected to reach around US$ 21.8 billion by 2033. This upward trajectory is fueled by increasing health consciousness, the prevalence of obesity, and the post-pandemic shift toward home-based fitness solutions.
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Market Drivers
The…
Hand Sanitizer Market Set to Reach US$ 4,081.4 Million by 2033, Driven by Rising …
The global hand sanitizer market is witnessing significant growth, with revenue reaching US$ 2,058.6 million in 2024. According to Persistence Market Research, the market is expected to expand at a CAGR of approximately 7.9% from 2024 to 2033, reaching an estimated value of US$ 4,081.4 million by 2033. Increasing consumer awareness about hand hygiene, rising healthcare-associated infections (HAIs), and the continued emphasis on preventive healthcare are key factors driving market…
Natural and Organic Personal Care Market Poised for Robust Growth, Expected to R …
The global natural and organic personal care market is set to experience remarkable growth, with revenue expected to reach US$ 28.4 Bn in 2025 and a projected market valuation of US$ 54.3 Bn by 2032, expanding at a CAGR of 9.7% from 2025 to 2032. The market has demonstrated a consistent upward trajectory, growing at a CAGR of 9.1% between 2019 and 2024, driven by increasing consumer awareness and demand…
Makeup Remover Products Market to Reach US$ 6.93 Billion by 2033, Driven by Incr …
The global makeup remover products market is poised for significant expansion, with its valuation expected to surge from US$ 3,179.6 million in 2023 to US$ 6,928.3 million by 2033, exhibiting a robust CAGR of 8.1% during the forecast period. The increasing emphasis on skincare, combined with the growing awareness of the harmful effects of residual makeup on the skin, is driving market growth.
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Key Market Drivers
Rising Awareness of…
Mattress Market to Reach USD 133.48 Billion by 2033, Driven by Rising Demand for …
The global mattress market is experiencing steady growth, with revenue expected to rise from USD 64.28 billion in 2022 to USD 133.48 billion by 2033, expanding at a CAGR of 6.9% from 2023 to 2033, according to Persistence Market Research. This growth is driven by increasing consumer demand for premium sleep products, rising disposable income, and a greater emphasis on health and wellness.
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Market Overview and Growth Drivers
Mattresses…
Automated Blinds and Shades Market to Reach US$ 24,236.1 Mn by 2033 Amid Rising …
The global automated blinds and shades market is set for significant growth, with market revenue expected to increase from USD 14.85 billion in 2022 to USD 24.2 billion by 2033, expanding at a CAGR of 4.5% from 2023 to 2033, according to a new report by Persistence Market Research. The increasing adoption of smart home technologies, demand for energy-efficient solutions, and growing consumer preference for convenience are key factors driving…
Hair Extension Market to Reach US$4.5 Bn by 2030 Amid Surging Demand for Customi …
The global hair extension market is set to experience substantial expansion, with projections indicating a rise from US$2.8 Bn in 2023 to US$4.5 Bn by 2030, reflecting a compound annual growth rate (CAGR) of 6.8%. This growth trajectory is fueled by evolving fashion trends, the powerful influence of social media, and a growing consumer inclination toward customization and instant hair transformations.
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Market Overview
Hair extensions, made from…
Online Tutoring Market to Surge from US$ 9.5 Bn in 2025 to US$ 24.8 Bn by 2032 w …
The global online tutoring market is poised for significant expansion, with market size expected to increase from US$ 9.5 billion in 2025 to US$ 24.8 billion by 2032. Driven by a compound annual growth rate (CAGR) of 14.6% during the forecast period, the industry is experiencing unprecedented growth due to increasing demand for personalized, on-demand learning solutions and the integration of advanced technologies such as AI and machine learning.
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Foodservice Packaging Market Poised for Significant Growth, Projected to Reach U …
The global foodservice packaging market is experiencing remarkable expansion, driven by evolving consumer preferences, increasing demand for convenience food, and sustainability concerns. According to Persistence Market Research, the foodservice packaging market generated a revenue of US$ 461 billion in 2022. With key market players holding a substantial share, the industry is projected to reach US$ 824.5 billion by 2033, growing at a CAGR of approximately 5.7% from 2023 to 2033.
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Consumer Electronic Accessories Market Poised for Robust Growth, Expected to Rea …
The global consumer electronic accessories market, valued at US$ 47.3 billion in 2022, is projected to expand significantly, reaching US$ 111.2 billion by 2033. With an estimated market valuation of US$ 50.4 billion in 2023, the industry is expected to grow at a robust CAGR of 8.3% from 2023 to 2033. Consumer electronic accessories, which include products such as protective cases, screen protectors, chargers, headphones, and styluses, enhance the functionality…
Personal Watercraft Market Poised for Growth with a 6.2% CAGR, Reaching US$ 5,20 …
The global personal watercraft market is projected to expand at a compound annual growth rate (CAGR) of 6.2%, reaching a market valuation of US$ 5,201.0 million by 2033, up from its estimated size of US$ 2,850.0 million in 2023. The market is experiencing significant growth, driven by increasing disposable income, rising interest in leisure activities, and a thriving tourism industry.
Market Drivers
Rising Popularity of Water Sports & Leisure Activities - The…
Smart Electric Heaters Market Poised for Remarkable Growth, Projected to Reach U …
The global smart electric heaters market, valued at US$ 675.4 million in 2022, is on a trajectory of rapid expansion. Estimated at US$ 770.0 million in 2023, the market is projected to surge at a CAGR of 15.6% from 2023 to 2033, reaching a value of US$ 3,290.7 million by the end of the forecast period. The increasing demand for energy-efficient, connected heating solutions is propelling this growth.
Smart electric heaters,…
Kitchen Sinks Market Poised for Steady Growth, Projected to Reach ~US$ 5,468.0 M …
The global kitchen sinks market is on a steady growth trajectory, projected to expand at a compound annual growth rate (CAGR) of approximately 4.5% between 2023 and 2033. The market, which was valued at ~US$ 3,433.2 million in 2022, is expected to reach ~US$ 5,468.0 million by the end of 2033. The increasing demand for well-equipped kitchens, driven by home cooking trends and smart home integration, is a key factor…
Recovery Footwear Market to Reach US$ 18.38 Billion by 2033, Expanding at 6.1% C …
The global recovery footwear market is projected to grow at a CAGR of 6.1%, reaching a valuation of US$ 18.38 billion by 2033, up from US$ 10.16 billion in 2023. Recovery footwear is designed to aid post-workout recovery by offering enhanced support, comfort, and stability. With features such as arch support, heel cushioning, and shock absorption, these footwear products help alleviate foot pain and fatigue, promoting faster recovery.
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Closed Heel Nursing Shoes Market Poised for Steady Growth, Projected to Reach US …
The global closed heel nursing shoes market is set to expand at a steady CAGR of 3.5%, reaching a market valuation of US$ 11.68 billion by 2033 from US$ 8.28 billion in 2023. The market is being driven by the increasing demand for comfortable and durable footwear among healthcare professionals, particularly nurses, who require supportive shoes for long shifts.
Market Drivers
Growing Healthcare Workforce: With the global healthcare sector expanding rapidly, the…
Baby Nipples/Teats Market Poised for Steady Growth, Projected to Reach US$ 3 Bil …
The global baby nipples/teats market is witnessing steady growth, with its valuation reaching US$ 1.79 billion in 2023. Projections indicate that the market will expand at a CAGR of 5.4% over the next decade, reaching an estimated US$ 3 billion by 2033. This growth is driven by rising birth rates, increasing disposable incomes, and heightened awareness of baby care and safety standards.
Key Market Drivers
Rising Birth Rates: With over 140 million…
Europe Sporting Goods Market Set for Strong Growth with Rising Health Awareness …
The Europe sporting goods market is poised for significant expansion, with its valuation expected to surge from US$ 226.5 Bn in 2025 to US$ 391.7 Bn by 2032. The market is anticipated to grow at a CAGR of 8.1% during the forecast period of 2025-2032. Key factors fueling this growth include increasing health consciousness, rising disposable income, and government initiatives promoting active lifestyles.
Market Drivers
The increasing prevalence of obesity and health…
US Beauty Devices Market Poised for Robust Growth, Projected to Reach US$ 16,326 …
The US beauty devices market was valued at US$ 6,337.4 Mn in 2022 and is projected to grow at a CAGR of 9.3% during the forecast period from 2023 to 2033. By 2033, the market is anticipated to reach a valuation of US$ 16,326.2 Mn, with an estimated market size of US$ 6,812.7 Mn in 2023. Beauty devices, which enhance physical appearance and address skin concerns such as acne, pigmentation,…
Luggage Market Poised to Reach ~US$ 96.29 Billion by 2033, Driven by Rising Tour …
The global luggage market is projected to expand at a compound annual growth rate (CAGR) of approximately 5.9%, reaching ~US$ 96,290.6 million by the end of 2033, up from ~US$ 51,351.1 million in 2022. This steady growth is primarily attributed to increased travel and tourism, evolving consumer preferences, and advancements in luggage technology.
Market DriversThe luggage market's growth is fueled by rising travel for both leisure and business, coupled with expanding…
Chinese Jewellery Market Is Booming So Rapidly | Major Giants Harry Winston, Pan …
HTF MI just released the Global Chinese Jewellery Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Chinese Jewellery Market are: Chow Tai Fook,…
Global Premium Bottled Water Market to Reach USD 31.8 Billion by 2030, Growing a …
Estimated Growth Rate for Premium Bottled Water Market
The global premium bottled water market is experiencing robust growth, with a valuation of USD 19.23 billion in 2023 and projections reaching USD 31.8 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.72%. This surge is primarily driven by increasing consumer health consciousness and a preference for high-quality, naturally sourced hydration options.
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Hair Hygiene and Cosmetology Appliances Market Next Big Thing | Major Giants Dys …
Latest research study released on the Global Hair Hygiene and Cosmetology Appliances Market by HTF MI Research evaluates market size, trend, and forecast to 2032. The Hair Hygiene and Cosmetology Appliances market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming…
Space-Based RF And Microwave Technology Market Size and Growth Forecast by Appli …
USA, New Jersey- According to Market Research Intellect, the global Space-Based RF And Microwave Technology market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The growing need for sophisticated communication, navigation, and remote sensing applications in space is driving the market for space-based RF and microwave…
