USA Consumer Goods Industry Updates

According to Fortune Business Insights, the global luxury goods market is set to gain traction from the introduction of fashion-forward and innovatively created products. This information is given by  Fortune Business Insights™  in a new report, titled, “ Luxury Goods Market, 2020-2027 .” The report further states that the luxury goods market size was  USD 316.16 billion  in 2019. It is projected to grow from USD 257.26 billion in 2020 to  USD 352.84 billion  in 2027 at a CAGR of 4.6% in the forecast period. COVID-19 Pandemic: Surging Purchase of Essential Items to Affect Growth Negatively The COVID-19 pandemic has taken a huge toll on the global economy. The demand for luxury goods declined amid the crisis because of the inclination of people toward purchasing only essential products. Working groups have faced reduction in their salaries and loss of employment. At the same time, stay-at-home orders have drastically lowered the demand for premiu...

 The North America hand sanitizer market size is expected to reach  USD 1,379.4 million  by 2026, exhibiting a CAGR of 7.1% during the forecast period. The increasing prevalence of contagious viruses and diseases, like coronavirus, influenza, and Norovirus will spur demand for hand sanitizers, in turn, favoring the growth of the market, states Fortune Business Insights, in a report, titled  “North America Hand Sanitizer Market Size, Share & COVID-19 Impact Analysis, By Product Form (Foam, Gel, Spray, and Others), Type (Alcohol-Based Sanitizer and Alcohol-Free Sanitizer), End-User (Schools, Restaurants, Hospitals, Households, Office Buildings, and Others), and Regional Forecast, 2019-2026.”  The market size stood  USD 851.1 million  in 2019. Market Driver : Increasing Popularity of E-commerce to Boost Market Sales The increasing use of smartphones and the internet has led to the acceptance of e-commerce, especially in the time of the CO...

According to  Fortune Business Insights , the global oral care market size worth USD 30.91 billion in 2019 and will exhibit a CAGR of 3.1% during the forecast period, 2020-2027. The increasing awareness regarding the importance of dental hygiene will lead to wider product adoption. The global oral care market size is projected to reach USD 38.89 billion by the end of 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 these products across the world. The presence of several large-scale companies in the dental sector will emerge in favor of market growth. Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/oral-care-market-103533 Fortune Business Insights™ lists out all the oral care market companies that are presently striving to reduce the impact of Covid-19 p...

 According to Fortune Business Insights, the global refrigerator market is anticipated to gain traction from the rising number of bars and ice cream parlors worldwide. Besides, the increasing consumption of processed and frozen food items would affect the market positively. This information is published by  Fortune Business Insights™  in a recent report, titled, “ Refrigerator Market, 2019-2026 .” The report further states that the refrigerator market size was  USD 64.17 billion  in 2018 and is projected to reach  USD 103.95 billion  by 2026, exhibiting a CAGR of 6.3% during the forecast period. 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 across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, ...

The global artificial grass turf market size is set to grow due to the rise in outdoor activities, concludes  Fortune Business Insights™  in its report, titled " Artificial Grass Turf Market 2022-2029 ”. Artificial grass turf is made of synthetic fibers from materials with high water resistance and heat resistance capacity. These sheets are replacing natural grass and are used in playgrounds, gardens, and other commercial places. This grass provides an aesthetic look to infrastructure and outdoors while maintaining the look at a lower cost. These turfs are also used for decorative purposes and adorn even walls. Furthermore, such turfs are usually made from less abrasive, tear-resistant, and strong to wear fibers, making them an excellent alternative to natural grass.   Fortune Business Insights™ lists out all the artificial grass turf market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market: Tarkett, Koninklijke T...

The global dog grooming market size is projected to expand at a considerable rate on account of increasing pet ownership, particularly in the United States, states Fortune Business Insights™ in its report, titled “ Dog Grooming Market Size, Share & Industry Analysis, By Type (Shampoo, Comb & Brush, Clippers & Scissors, Others), By Distribution Channel (E-Commerce, Retail Store) and Regional Forecast, 2022-2029 ”. The American Pet Products Association (APPA) estimates that approximately 68% of American households owned a pet, of which 90 million were dogs and 94 million were cats. Moreover, Americans also spend substantially on caring for their pets. In 2019, for instance, the APPA reveals that Americans spent a total of USD 95.7 billion on pets. Worldwide, dog ownership is growing steadily. For example, the Australian pet insurance company Petsecure reports that Brazilians have the largest number of small dogs per capita, globally. Norwegians, Petsecure notes, spend the mos...

The global smart baby monitor market size is expected to gain momentum owing to the rising number of employed parents and the increasing adoption of advanced technologies such as artificial intelligence (AI) in the production of smart baby monitor devices across the globe. This information is published by Fortune Business Insights, in its upcoming report, titled, “Smart Baby Monitor Market Size, Share & Industry Analysis, By Product (Audio &Video, Tracking devices), By Connectivity (Wired, Wireless), By Distribution Channel (Online, Offline) and Regional Forecast, 2022-2029. 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 across industries. However, this too shall pass. Rising support from the governments, as well as from several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overa...