Consumer Goods

  The global liquid soap market size is projected to be worth USD 28.79 billion by the end of 2027 on account of the increasing awareness and serious adoption of health and hygiene protocols. The current pandemic of COVID-19 is also propelling the demand for hygiene maintenance among people. The increasing population and prevalence of infectious diseases have led to a rising need to maintain sanitation both on a personal level as well in surroundings, thereby fueling the demand for innovative home cleaning products such as the liquid soap. According to a recent report by Fortune Business Insights titled,  “Liquid Soap Market Size, Share & Industry Analysis, and Regional Forecast, 2020-2027,”  the value of the market stood at USD 17.48 billion in 2019 and is likely to rise at a CAGR of 5.9% between 2020 and 2027. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on busi...

  The global soap market size is projected to reach USD 55.29 billion by 2027, exhibiting a CAGR of 5.0% during the forecast period. Rapid transmission of the COVID-19 infection is set to play a central role in fueling the growth of this market, states Fortune Business Insights™ in its recent report, titled “ Soap Market, 2020-2027 ”. According to the World Health Organization (WHO), the coronavirus spreads through respiratory droplets and physical contact. Therefore, to avoid spreading the virus through these routes, the WHO along with many other bodies such as the Centers for Disease Control and Prevention (CDC) has recommended regular washing of hands using soap and water. Comprehensive washing of hands kills the virus and this practice is currently seen as the most effective way to prevent transmission among people, especially given that a vaccine for the infection is many months away. Thus, the demand for soaps in all shapes and forms is slated to experience a meteo...

According to Fortune Business Insights, the United States mini fridge market size was valued at USD 28.36 million in 2021 and USD 31.12 million in 2022. The market is expected to reach USD 59.11 million by 2029 with a CAGR of 9.60% during the forecast period. A growing number of modular houses is expected to prompt a positive market pathway. Development of such fridges that have advanced features is estimated to propel market trajectory. Technological developments and innovations in consumer appliances are propelling market growth. Rising demand for refrigeration and energy-efficient applications in the food and beverage industry is anticipated to favor the U.S. mini fridge market share expansion.  Fortune Business Insights™  shares this information in its report titled “ U.S. Mini Fridge   Market, 2022-2029. ”  Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/u-s-mini-fridge-market-106824 U.S. Mini Fridge Market...

  According to  Fortune Business Insights™ , the global mannequin market size was valued at USD 5.20 billion in 2021 and touched USD 5.29 billion in 2022. The market is expected to reach USD 6.34 billion by 2029, exhibiting a CAGR of 2.6% during the forecast period. Rising demand for bio-degradable manikins and the increasing popularity of abstract dummies from apparel retailers may fuel industry growth.  Fortune Business Insights™  shares this information in its report titled “ Mannequin Market, 2022-2029. ” COVID-19 Impact: Closure of Fashion Goods Manufacturing Negatively Affected Market Growth The market was negatively affected during the COVID-19 pandemic due to the closure of fashion goods production. The alarming spike in COVID-19 infections led to transport, travel, and manufacturing restrictions, hindering industry growth. The closure of manufacturing led to a lack of supply, whereas transport and travel restrictions led to material shortages....

  The global duty free retail market size was pegged at USD 35.87 billion in 2021. The market is anticipated to rise from USD 39.08 billion in 2022 to USD 72.23 billion by 2029 at a 9.17% CAGR during the forecast period.  Fortune Business Insights™  has deep-dived these inputs in its latest research report, titled, “ Duty Free Retail Market ,  2022-2029 .” According to the analysis, Duty-Free Retail will gain considerable traction from the rising penetration of tourism, aviation, and other travel-related industries. Duty free goods will continue to be sought with the rising demand for premium liquor. For instance, in December 2021, Diageo joined hands with Shenzhen Duty Free to roll out its innovative whisky e-boutique. COVID-19 Impact Reduction in Air Traffic Dented Growth Prospect Industry players grappled with the onslaught of the COVID-19 pandemic following the dip in product demand. Prominently, the plunge in air traffic in 2020 did not augur well...

  According to Fortune Business Insights, the global smartwatch market size was valued at around USD 18.62 billion in 2020. The market is projected to rise from USD 22.02 billion in 2021 to USD 58.21 billion by 2028 at 14.9% CAGR during the forecast period 2021-2028.  Fortune Business Insights™  has delved into these insights in its latest research report, titled, “ Smartwatch Market ,  2021-2028 .” According to the study, consumers are likely to exhibit demand for technological devices to streamline fitness tracking, navigation, and notification checking. End-users, such as athletes and tech users, are likely to invest in advanced products. Amidst the COVID-19 pandemic, strategic approaches may change to gain a competitive edge in the landscape. Emphasis on Well-being Amidst Pandemic to Boost Product Adoption The onslaught of the COVID-19 pandemic prompted end-users to shift their attention towards health and well-being. Accordingly, manufacturers have...

  The Europe hair care products & styling tools market size amounted to  USD 2.24 billion in 2020 . The market value is set to grow from  USD 2.34 billion in 2021  to  USD 3.28 billion in 2028  at a  CAGR of 4.94%  during the forecast duration period. Haircare and hair styling are gaining increased importance among individuals of all age groups. Demand for advanced hair products across Europe will propel the market forward, states  Fortune Business Insights™  in its report titled  “Europe Hair Care Products & Styling Tools Market, 2021-2028” . The majority of hair care products & styling tools in Europe are sold through hair salons and hairdressers. The distribution channel helps brands stay updated about the latest consumer behavior trends as well as other factors influencing their buying decisions. Hairdressers and hair salons employ experts to help users and clients select the right product based on their ...

  The U.S. home fitness equipment market size was valued at  USD 4.43 billion  in 2021. The market is projected to grow from  USD 4.81 billion  in 2022 to  USD 7.80 billion  by 2029, exhibiting a CAGR of  7.2%  during the forecast period. This information is published by  Fortune Business Insights , in its report, titled, “ U.S. Home Fitness Equipment Market, 2022-2029 .” As per the research conducted by our analysts, the obese population are greatly worried about their physical look and utilize exercising machines such as treadmill, elliptical, dumbbell, and others to handle their body weight. Consequently, the growing obesity occurrence and surging awareness concerning the health advantages of utilizing such equipment are primarily fueling the product demand in the U.S.   Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/u-s-home-fitness-equipment-market-106595 Fortune B...

  The vegan cosmetics market size was  USD 12.72 billion  in 2020. The market is projected to grow from  USD 15.87 billion  in 2021 to  USD 24.79 billion  in 2028 at a CAGR of  6.57%  during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Vegan Cosmetics Market, 2021-2028.” Factors such as veganism turning into a mainstream trend and increasing consumer base focusing on sustainability activities will increase the footprint of the market during the forecast period. Additionally, the rising rate of product renovation will boost the market growth.   Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/vegan-cosmetics-market-106594 Fortune Business Insights™ lists out all the vegan cosmetics market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market: GABRIELCOSMETICS (Washington,...

  The worldwide   sports optic market   size amounted to  USD 1.99 billion in 2020 . The market valuation is poised to grow from  USD 2.01 billion in 2021  to  USD 2.43 billion in 2028  at a positive  CAGR of 2.8% over the projected period. The market growth is attributable to the increasing number of sports enthusiasts and professional athletes across the world. To support emerging professional sportspersons and provide them with the best facilities for training, the respective governments are making active new investments. For instance, the China National Development and Reform Commission (NDRC) invested USD 450 million in Chinese public sports infrastructure in December 2020.  Fortune Business Insights  presents this information in its report titled “ Sports Optic Market, 2021-2028.” Optical equipment is commonly utilized by professional athletes and sports persons for training and competitive purposes. They are also used by spor...