MarketResearch.com in the News: June Highlights

The publishing divisions at MarketResearch.com are frequently cited in top publications and trade journals. In June, research by Kalorama information appeared in articles on direct-to-consumer laboratory testing, the market for electronic medical records, and outsourcing in drug discovery. A variety of media outlets turned to Packaged Facts for its expertise on pet litter products, coffee creamer trends, and meal kit delivery services.

Take a look at press highlights from June below. To access more information, click the link to the report page.

Topics: Food & Beverage Healthcare Pets Industry Insights Heavy Industry

The Footwear Industry: A Bright Spot in Apparel

Macy’s stock plunged 47 percent in the last year. Gap, Nordstrom, and Kohl’s also reported a drop in sales. What’s causing the slump? According to Business Insider, “Executives from nearly every company blamed a spending pullback in one common category for the declines: apparel.”

Although many consumers are reluctant to purchase new clothes, footwear is a different story. Footwear has outpaced apparel, growing at a compound annual growth rate (CAGR) of 6 percent over 2010-2015 in comparison to 4 percent for apparel, according to a report by Euromonitor

Topics: Retail Apparel Industry Insights

Need Reliable Information on the Chinese Market? We Can Help.

Once heralded as an economic miracle, the Chinese economy continues to slow from its torrid growth during the early part of this decade and last decade. Although officially reported economic figures still reflect a growth rate multiples higher than those of western economies, it has become more and more apparent to business managers and leaders that the economic reality on the ground paints a different picture.

Topics: Emerging Markets Market Research Provider Custom Market Research The Freedonia Group

The Rising Demand for Drones in the Retail Sector

Interest in drones from the retail sector is growing rapidly as competitive pressures push retailers and distributors to develop new ways to make their supply chains more efficient, to automate warehouses, and to reduce delivery costs. Walmart, the nation’s largest retailer, recently announced plans to use drones for inventory management in its warehouses. Amazon, the nation’s largest internet retailer, is researching the use of drones to deliver packages to consumers. Global e-commerce giant Alibaba is testing delivery drones in China while DHL is already using drones to deliver packages in Germany.

Topics: Retail Public Sector Industry Insights The Freedonia Group

4 Trends to Track in the Transportation Industry

While the potential of autonomous vehicles should not be underestimated, it would be a mistake to ignore other fast-growing technologies in the transportation industry.

Before self-driving cars become the norm, a host of other innovations will change how people move. Read on to learn about four global transportation markets that are poised to achieve exponential growth by 2020.

Topics: Transportation & Shipping Industry Insights Heavy Industry

12 Meal Kit Delivery Services to Watch

Last Updated: May 15, 2017 According to Packaged Facts, the U.S. meal kit delivery services market will generate $1.5 billion in sales in 2016 and grow to a multi-billion dollar market over the next five years. With fresh food, little waste, and foolproof recipes and directions, easy meal kit delivery services offer time-saving, stress-free options that solve the problem of "what's for dinner" for today's busy consumers.

Given the growing popularity of subscription boxes, it’s no surprise that this niche market has many competitors. But what differentiates these subscription services from one another? Here’s a closer look at the top competitors in the market for meal delivery services.

Topics: Food & Beverage Packaged Facts

US Building and Construction Markets Continue Steady Gains

Both residential and nonresidential construction markets are on solid footing, and steady gains can be expected over the next 12 to 18 months. In 2016, year-to-date new home sales are up 9 percent and existing home sales are up about 5.5 percent, according the latest US Census and National Realtors Association.

Furthermore, housing prices are trending upwards and have increased 5 to 6 percent compared to the same period the year before.[1] The US Census indicated in May that the residential housing market was on pace for about 1.164 million starts for 2016, while Freedonia anticipates new residential housing starts will ultimately reach above 1.2 million for the year. In addition, home builder confidence has remained positive throughout all of 2016.[2]

Topics: Materials & Chemicals Manufacturing & Construction Custom Market Research Industry Insights Heavy Industry The Freedonia Group

Home Health: Key Issues and Trends [Infographic]

The home care industry is worth $84 billion in the U.S. alone and employs more than 1.7 million people. As seniors age, exponential growth is projected in this industry in the coming decade. The global home healthcare industry is forecast to produce revenues of $300 billion in 2020, up from $180 billion in 2014.

For more information on these healthcare industry trends, check out the infographic created by Be Independent Home Care, which draws on data and analysis found on MarketResearch.com and other sites.

Topics: Healthcare Industry Insights

Why Market Researchers Should Apply Psychological Theories of Thinking

There’s been a lot of coverage in the popular press in recent years about how thinking comprises two different modes — one mode that is very conscious and slow, and another one that occurs quickly, without conscious attention (Kahneman, 2011). The idea of “two modes of thinking” is not really a new idea,[1] but it may actually be of critical importance for market researchers.

Why? Because if there are two modes of thinking, which one are consumers using when they participate in market research? And which ones are they using when they shop and purchase? And does it vary by category? If these modes really do affect how people think, market researchers who pay attention to them will be able to generate even more powerful insights into consumer behavior. 

Topics: Market Research Strategy Marketing

The Future of Virtual Reality and Augmented Reality

Despite past failures and false starts, virtual reality is taking off. According to a report by Rider Research, virtual reality has become one of the hottest technology buzzwords for 2016. Consumer demand is rising fast as realistically priced virtual reality and augmented reality products hit the market.

But what exactly are augmented reality and virtual reality products? Who can use them? And which industries are going to most benefit from these new technologies? Read on to find out.

Topics: Travel & Leisure Consumer Electronics Healthcare Media Industry Insights