USA Consumer Goods Industry Updates

 The global webcomics market size is expected to gain momentum by reaching USD 11.12 billion by 2028 while exhibiting a CAGR of 6.1% between 2021 to 2028. In its report titled " Webcomics Market, 2021-2028 ," Fortune Business Insights mentions that the market stood at USD 6.70 billion in 2020. The growing number of kids and adults who have access to smart devices or a computer with an internet connection can develop webcomics. Moreover, the investors are willing to support the market if the comic is engaging. For instance, The Oatmeal webcomics mentioned that in 2019, the Chernin Group (TCG) signed an agreement with the brand to invest USD 30 million in one of its comics called exploding kittens. Such initiatives will fuel the market growth in upcoming years. COVID-19 Impact The pandemic favored the growth of webcomics as, during the lockdown, usage of smart devices and internet data surged all over the world. This led to a spike in the consumption of various types of ...

The Asia pacific refrigerator market size is expected to reach USD 25.87 billion by 2028, exhibiting a CAGR of 5.9% during the forecast period. The growing utilization of refrigerators to increase shelf life of fruits and vegetables and restrict bacteria formation will enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “ Asia Pacific Refrigerator Market, 2021-2028.”  The market size stood at USD 16.91 billion in 2020. Declined Production and Sales of  Refrigerators to Dampen Market amid Coronavirus The coronavirus outbreak severely hampered the market due to the declined sales of refrigerators. The lockdown implemented by governments and restrictions on travel and logistics can restrict the production and consumption of these cooling machines amid COVID-19. For instance, in April 2020, the data released by Gadgets 360 NDTVstated that heavy appliances businesses are assessed to have a negative impact of up to 60 percent decl...

The Asia pacific refrigerator market size is expected to reach USD 25.87 billion by 2028, exhibiting a CAGR of 5.9% during the forecast period. The growing utilization of refrigerators to increase shelf life of fruits and vegetables and restrict bacteria formation will enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “ Asia Pacific Refrigerator Market, 2021-2028.”  The market size stood at USD 16.91 billion in 2020. Declined Production and Sales of  Refrigerators to Dampen Market amid Coronavirus The coronavirus outbreak severely hampered the market due to the declined sales of refrigerators. The lockdown implemented by governments and restrictions on travel and logistics can restrict the production and consumption of these cooling machines amid COVID-19. For instance, in April 2020, the data released by Gadgets 360 NDTVstated that heavy appliances businesses are assessed to have a negative impact of up to 60 percent decl...

The North America baby bottle market size is expected to gain momentum by reaching  USD 356.7 million  by 2028 while exhibiting a CAGR of  3.6%  between 2021 and 2028. This information is published by  Fortune Business Insights™  in its latest report, titled “ North America Baby Bottle Market, 2021-2028.”  The report further mentions that the market stood at  USD 273.6 million  in 2020. Factors such as the increasing demand for sustainable products are expected to bode well for the market in the forthcoming years. Closed Stores & Lockdowns amid COVID-19 Led the Market to Exhibit a Growth Rate of -4.7% in 2020 The global COVID-19 pandemic led to the closure of stores as the government agencies announced a complete lockdown to contain the spread of the disease in the U.S., Canada, and Mexico. The rising number of infections amongst the population meant that the people were advised to follow social distancing norms and stay at ho...

The global baby wipes market size is expected to gain momentum by reaching USD 6.57 billion by 2027 while exhibiting a CAGR of 3.1% between 2020 and 2027. The growth is ascribable to factors such as the increasing prevalence of baby skin infections and the high spending power of the consumers that is propelling the demand for innovative baby wipes globally. This information is published by Fortune Business Insights, in its latest report, titled,  “Baby Wipes Market Size, Share & Industry Analysis, and Regional Forecast, 2020-2027.”   The report further mentions that the market stood at USD 5.54 billion in 2019.  Baby wipes are sanitary products majorly adopted to cleanse the sensitive skin of infants. Owing to the growing demand for safe and sustainable baby products, leading manufacturers are focusing on developing eco-friendly products with sustainable formulations that suit the sensitive skin of the baby. Get a Sample PDF Brochure: https://www.fortuneb...

The global toilet paper market is set to gain momentum from the rising awareness of deforestation while producing paper pulp. This information is given by  Fortune Business Insights™  in a new report, titled,  “ Toilet Paper Market Size, Share & COVID-19 Impact Analysis, By Type (Rolled and Folded), Ply Count (One, Two, and Others), Application (Household, Healthcare, Hospitality, and Others), and Regional Forecast, 2020-2027 .”  The report further states that the market size was  USD 26.14 billion  in 2019 and is projected to reach  USD 38.34 billion  by 2027, exhibiting a CAGR of 4.9% during the forecast period. COVID-19 Pandemic to Accelerate Growth Fueled by Panic Buying among Masses The outbreak of the COVID-19 pandemic created panic buying practices among the masses in the first few months of 2020. Hence, the demand for tissue paper and toilet paper surged exponentially during that time. Governments of various countries imple...

The global jewelry market size is expected to showcase a considerable growth by reaching USD 266.53 billion, while exhibiting a CAGR of 3.7% between 2020 and 2027. This is attributable to the increasing adoption of technology and the remarkable emergence of digital media platforms that propel the demand for luxury jewelry globally. Fortune Business Insights, published this information in its latest report, titled,  “Jewelry Market Size, Share & COVID-19 Impact Analysis, By Product (Necklace, Earrings, Ring, Bracelet, and Others), Material Type (Gold, Platinum, Diamond, and Others), End-user (Men and Women), and Regional Forecast, 2020-2027.”  The report further mentions that the market stood at USD 330.0 billion in 2019 and is projected to gain momentum in the forthcoming years. Reduce Number of Labor Workforce amid COVID-19 to Hinder Growth The global pandemic has led to a lockdown announced by the government agencies across the globe. This has led to a partia...

 The global oral care market size is projected to reach USD 38.89 billion by the end of 2027. Increasing awareness regarding the importance of dental hygiene will lead to wider product adoption. According to a report published by Fortune Business Insights, titled  “ Oral Care Market Size, Share & Industry Analysis, By Product Type (Toothbrush, Toothpaste, Mouthwash, and Others), Application (Household and Commercial), Distribution Channel (Hypermarket/Supermarket, Online, and Others), and Regional Forecast, 2020-2027 ,”  the market was worth USD 30.91 billion in 2019 and will exhibit a CAGR of 3.1% during the forecast period, 2020-2027. Oral care products are widely used to maintain hygiene as well as conduct a few procedures that are used to maintain oral hygiene. The changing consumer habits towards oral care have created a huge demand for oral care products across the world. The presence of several large-scale companies in the dental sector will emerge i...

 The global tissue paper market size reached  USD 76.52 billion in 2021 . The market value is anticipated to increase from  USD 80.99 billion in 2022  to  USD 124.74 billion by 2029  at a  CAGR of 6.4%  during the forecast duration. Tissue paper is widely used for sanitation and hygiene. People are becoming more aware of the importance of personal hygiene and sanitation, so pulp-based sanitary products are becoming more popular, says  Fortune Business Insights TM  in its report titled,  “Tissue Paper Market, 2022-2029”. COVID-19 Pandemic will Accelerate the Market for Hygiene Awareness People are increasingly using tissue products to keep their surroundings clean and sanitary, as well as to avoid coronavirus infection. Furthermore, they prefer stocking up on toilet paper, wipes, and other grocery items to avoid running out of essential daily items during the COVID-19 lockdown restrictions. Due to this factor, the global ...

  The global deodorant market size is predicted to reach USD 30.76 billion by 2026, exhibiting a CAGR of 4.0% during the forecast period. The growing inclination towards hygienic lifestyle among consumers will spur demand for deodorants, which in turn, will boost the deodorant market growth during the forecast period. Moreover, the rising emphasis on personal health and sanitation will enable healthy growth of the market during the forecast period states Fortune Business Insights™ in a report, titled  “ Deodorant Market Size, Share & Industry Analysis, By Product Type (Spray, Roll-On, Stick, and Others), By Packaging Material (Metal, Plastic, and Others), By End-User (Men and Women), and Regional Forecast, 2019-2026”  the market size stood at USD 22.54 billion in 2018. Worldwide COVID-19 Impact Analysis: The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses acr...