Consumer Goods

Rapidly changing consumer behavior, tastes, preferences, and wants, especially after the COVID-19 pandemic, is overhauling the consumer goods industry. The companies are rapidly changing their product portfolios with innovative products to meet the consumer's wants and desires. Internet penetration and Artificial Intelligence (AI) are some of the reasons which are further helping the industry in expanding and making the supply chain more efficient. The sector ranges in food & beverages, appliances, personal accessories, hygiene, Apparel & Footwear, retail, food service, and many more. The companies invest heavily in research and development to establish an efficient value chain, sales and marketing, procurement, manufacturing, and distribution network. Digital purchasers who actively participate in purchases refer to multiple reviews before making any buying decision.
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An increase in fitness-conscious population and an increase in consumers' preference for stylish athleisure are contributing to the growth of the global tracksuit market. However, unstable raw material prices and counterfeit products are hampering market growth.

Among the leading factors contributing to the growth of the India interior design market are rising income levels and urbanization. Social media platforms displaying interior design trends, the growing popularity of smart homes, and changes in lifestyles and standards, other factors that contribute to India's interior design market.

Continuous changes in fashion trends and increased awareness of beauty contribute to the growth of the nail care market. With an increase in fashion trends and fashion grooming, consumers are increasingly buying nail care products to maintain healthy, beautiful nails.

Probiotics are microorganisms, such as bacteria and yeast that benefit humans and animals by preserving intestinal microbial balance. Probiotics are in high demand due to the growing consumer awareness concerning digestive health and the increasing demand for high-quality foods and quality animal-based products.

As the number of international travelers continues to grow, they will be one of the key factors driving global travel retail market. Moreover, the rising middle-class population and affordable travel choices in developing countries are anticipated to boost market growth. Advances in technology, economic conditions, and the burgeoning retail chains that offer elegant and high-end brands are among the other factors expected to spur growth in the retail travel market over the coming years

The global paper toys market is growing at a high rate because of the increasing use of a way for entertainment as well as an assistance for development of motor skills, life skins, improved focus, etc.

UAE cosmetics market is showing lucrative growth due to changing consumer preferences for organic and vegan cosmetic products, the launch of a broad range of products to suit various skin types and color needs, and an increase in disposable income.

Saudi Arabia cosmetics market is experiencing a high CAGR due to the changing standards of beauty and consumer preferences regarding cosmetics, in addition to the availability of a wide range of cosmetic products.

The global camping equipment market has grown significantly due to various factors, including the rising outdoor recreational activities, the growing demand for eco-friendly camping products, diversity in camping programs coupled with innovative camping equipment has propelled the market growth of camping equipment market.

Commercialization of popular cartoon characters like Doraemon, Ironman, Superman, and Spiderman is the primary factor driving the growth of the global toys and games market. Moreover, the rising disposable income is another major factor, favoring the growth of the market.