USA Consumer Goods Industry Updates

  The global kitchen knife market size is projected to experience dynamic growth in the forthcoming years owing to the proliferation of restaurants and fast food centers worldwide, as observed by Fortune Business Insights™ in its report, titled " Kitchen Knife Market, 2022-2029". The food industry is growing at a moderate rate of 15-20 percent annually. A report by Economic Times India states that in a top metropolitan city such as Bengaluru, the foodservice sector is valued at $48 billion, which was larger than the value of the pharmaceutical sector. This growth can be attributed to several reasons, the important one being the rise in incomes of middle-class families. Also, rapid urbanization and globalization are promoting cuisines of different countries and places and hotels and restaurant businesses. For example, the National Restaurant Association said it expects the industry's sales to reach $1.2 trillion by 2030. The other reason for the growing demand for kitch...

The global electric pasta maker market size is projected to experience dynamic growth in the forthcoming years owing to the increasing demand for smart kitchen appliances across the world, finds Fortune Business Insights™ in its report, titled “ Electric Pasta Maker Market, 2022-2029 ”. Nowadays, various kitchen appliances such as food processors, electric pasta maker, and others are gaining prominence as these types of appliances help to save a lot of time and energy required in the preparation of food. Hence, there is a high demand for electric pasta maker across several regions, which is projected to fuel the growth of this market. Further, the electric pasta maker enables the customers to cook wide varieties of pasta such as ravioli, noodles, and others without taking much effort. Thus, this is an important factor driving this market’s growth. However, the easy availability of packaged pasta food products is projected to restrict the growth of this market. COVID-19 Impact: The...

The global yoga mat market size is expected to gain momentum owing to the rising awareness regarding yoga during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “ Yoga Mat Market, 2022-2029 .” Obesity prevalence is on the upswing, and consumers are becoming more health conscious, which is anticipated to propel the industry forward. Obesity has been linked to a variety of health problems and diseases, including heart failure, high blood pressure, hypertension, and diabetic. Users are constantly attending yoga classes and gyms to practice yoga and other physical activities as their health awareness grows. According to annual surveys done by the International Health, Racquet, and Sportsclub Association (IHRSA), the majority of healthcare clubs, gyms, and other fitness centres have increased significantly in recent years. This is likely to inspire people to practise yoga and other fitness activities, which is anticipated to h...

The global shopping bag market is slated to grow meteorically in the upcoming years. The expanding global population, rising income levels, and increasing shopping activities are anticipated to fuel the demand for shopping bags. Fortune Business Insights™ has presented this information in an upcoming report, titled, “Shopping Bag Market, 2022-2029” . As per the report, the shopping bag market is gaining immense popularity due to several reasons. For instance, the rising focus of manufacturers to develop colorful and fashionable bags to attract a vast consumer base is anticipated to fuel the demand for these bags and foster market growth. COVID-19 Impact- The shopping bag market has witnessed a limited impact of the global pandemic. The demand for shopping bags has mostly remained unchanged during the pandemic. The daily shopping activities dynamically changed during the pandemic. The shutdown of commercial spaces to curb the virus spread has declined the demand for shopping bags. ...

  The global shopping bag market is slated to grow meteorically in the upcoming years. The expanding global population, rising income levels, and increasing shopping activities are anticipated to fuel the demand for shopping bags. Fortune Business Insights™ has presented this information in an upcoming report, titled, “Shopping Bag Market, 2022-2029” . As per the report, the shopping bag market is gaining immense popularity due to several reasons. For instance, the rising focus of manufacturers to develop colorful and fashionable bags to attract a vast consumer base is anticipated to fuel the demand for these bags and foster market growth. COVID-19 Impact- The shopping bag market has witnessed a limited impact of the global pandemic. The demand for shopping bags has mostly remained unchanged during the pandemic. The daily shopping activities dynamically changed during the pandemic. The shutdown of commercial spaces to curb the virus spread has declined the demand for shopping ...

The global portable shower chair market size is expected to showcase substantial development in the forthcoming years due to the increasing consumption of mobility assistant devices. This information is published by Fortune Business Insights in its report, titled " Portable Shower Chair Market, 2022-2029 ". The product is utilized primarily by physically challenged people to independently and safely take baths and showers. The water and erosion resistive products have therefore become essential needs for a niche section of consumers. These factors act as major propellants of the market.  COVID-19 Impact COVID-19 Aftermath to Aid Product Sales Worldwide The substantial effect of coronavirus across the elderly population positively affected the portable shower chair industry. The hospitals and nursing homes required the product in bulk as the fatigue induced by COVID-19 aftermath was intense on the elderly. They required assistance while going to the bathroom or bathing. Th...

The global makeup remover market size is expected to grow considerably during the forecast period. The strong demand for a makeup remover from the skincare and fashion industry can enhance the market growth. Fortune Business Insights™ presents this information in its report, titled, " Makeup Remover Market, 2022-2029. " Makeup remover is extensively used in the skincare sector to eliminate dead skin, promote cellular renewal, reduce unwanted skin blemishes, and others. It is used in the fashion and modeling industry to remove makeup faster without hurting the skin. It maintains skin health by providing nourishment to the skin after the makeup is rubbed off from the face. Further, manufacturers such as Garnier launched skin cleansing products that help remove the makeup in a simple wash and protect the facial skin from the harmful chemicals in cosmetic products. Companies, such as Idunn offer multi-skin makeup removers that can be used for all skin types such as multi foam c...

The global teacup market size is projected to experience dynamic growth in the forthcoming years owing to the increasing consumer inclination towards consumption of hot beverages, finds Fortune Business Insights™ in its report, titled “ Teacup Market, 2022-2029 ”. The teacup is widely used for the consumption of hot beverages which include tea, coffee, hot chocolate, and others. There has been an increasing consumer inclination towards the consumption of hot beverages in order to reduce the work-related stress and to stay alert while working in the office. This is a major factor responsible for the growth of this market. Further, the rising number of cafes and restaurants around the world and the growing number of people consuming tea on a daily basis has had a positive impact on the growth of this market. For instance, as per the report published by the Indian Tea Association in 2018, approximately 1,084 million kg tea was consumed by the Indian population. However, the availabilit...

The global baby care products market size is anticipated to witness monumental growth in the forthcoming years. Increasing baby health concerns are majorly driving the growth of the market. The rising birth rate is another factor propelling the market growth. Fortune Business Insights™ has presented this information in an upcoming report titled, “Baby Care Products Market, 2022-2029” . As per the report, the market is gaining immense popularity due to several reasons. For instance, the busy lifestyles of working parents escalate the consumption of baby care products. The rising number of nuclear families is expected to support the market growth significantly. COVID-19 Impact- The pandemic has inflicted a mixed impact on the baby care products market. Panic buying and stockpiling led to an instant spike in sales of baby care products. Baby food and diapers are the commodities that witnessed unprecedented demand and sales during the initial phase of the outbreak. However, the lockdo...

The global full glasses frame market size is expected to expand at a notable pace owing to the growing number of people suffering from eyesight problem due to increased usage of electronic devices, observes Fortune Business Insights™ in its report, titled “ Full Glasses Frame Market, 2022-2029 ”. A data by AOA.ORG published in March 2019, suggests that around 40% of American Population is suffering from myopia. Moreover this number is expected to increase at a dramatic rate due to increased screen time of people on digital devices. COVID-19 Impact The negative effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Despite many eyewear of medical nature, the industry faced loss due to disruption in logistic service and lack of equipment and materials required to manufacture glasses. Additionally, sudden lockdown across the globe hampered the cross-border trade. This led the various businesses to face financial stress and thus the e...

 The global electric cleansing instrument market size is set to achieve optimum growth on account of the increasing emphasis on skincare and grooming among consumers. states  Fortune Business Insights™  in its report, titled " Electric Cleansing Instrument Market, 2022-2029." Owing to people's unhealthy lifestyles and eating habits, incessantly changing climatic conditions, and environmental issues, the incidence of skin rashes, infections, allergies, and other skin problems has risen at an alarming rate over the past couple of decades. Electric cleansing instruments help unclog skin pores and cure several skin diseases, attracting several consumers to adopt these tools, thus complementing the market’s growth. Furthermore, in countries such as South Korea, there is a rising trend among several consumers for having the perfect skin. Hence, the demand for advanced skin-cleansing products has been booming in the country owing to people's adoption of technology to elimi...

The global camping hammock market size is anticipated to expand speedily owing to the increasing interest of people in exciting outdoor activities, observes  Fortune Business Insights ™  in its report, titled “ Camping Hammock Market, 2022-2029”. With the increasing participation of people in various outdoor activities such as trekking, camping, river rafting, and others, there is a huge demand for camping hammocks and other similar equipment in different regions as they are easy to carry, lightweight, and are also favorable for all weather conditions. Most of the people who have developed an interest in camping, wildlife photography, and those who are nature enthusiasts are using this product worldwide, which is considered a major factor for the growth of this market. For instance, according to a report by Condor Ferries, approximately 28 million people have participated in camping activities in the US, thus resulting in the surge in this market’s growth. However, there is...