5 Key Trends in the Consumer Goods Industry to Watch

In a fast-paced, ever-changing world, the consumer goods industry remains at the forefront of innovation. As technology advances and consumer preferences evolve, businesses in this sector must stay ahead of the curve to remain competitive and relevant.

Topics: Cosmetics & Personal Care House & Home Retail Apparel Consumer Electronics Industry Insights

5 Top Consumer Electronics Industry Trends to Watch in 2023

The consumer electronics industry has undergone a significant transformation over the past few years, driven by the increasing demand for smarter and more advanced devices.

Topics: Consumer Electronics Industry Insights

Sodium-Ion Batteries Poised for Rapid Growth as an Alternative to Lithium-Ion Batteries

Sodium-ion batteries (SIBs) are an emerging battery technology that offers cost-effectiveness, better safety, performance advantages, and sustainability over the widely used lithium-ion batteries across industries such as automotive, electronics, and energy.

Topics: Energy & Resources Transportation & Shipping Consumer Electronics Industry Insights

Consumer Goods Industry: 2021 Ushers in a Path to Recovery

After the great shock exerted by the COVID-19 pandemic on the global economy, as well as on world trade, 2021 fortunately marked the beginning of a path to recovery.

Topics: Food & Beverage House & Home Apparel Pharmaceuticals Consumer Electronics Industry Insights

$123 Billion Next-Generation Display Materials Market Primed for Growth

The thin-film-transistor liquid-crystal displays (TFT-LCDs) market expanded alongside the growth in the television and smartphones segment and acquired the most significant market share in the global display materials market.

Topics: Computer Hardware & Networking Consumer Electronics Industry Insights

The Impact of COVID-19 on the Role-Playing Games Market

Most industries now face significant ramifications due to the COVID-19 pandemic and global economic slowdowns. However, not every industry has slid into a tailspin. The role-playing games market, for example, is expected to see 9.22% year-on-year growth up to 2023, according to a new report by The Business Research Company. COVID-19 has had both positive and negative effects on this market.

Topics: Software & Enterprise Computing Consumer Electronics Industry Insights

Smart Kitchen Appliances Market Expected to Witness Robust Growth

The kitchen has always been the heart of the home. During the last three decades, it has become a fast-growing space for technological advancements, and the increasing number of smart appliances is a testimony to this ongoing trend. Smart appliances are expected to witness further improvement in the future and are creating a demand for home automation systems.

Topics: House & Home Consumer Electronics Industry Insights

Global Wireless Charging Market to Grow 41.79% from 2019 to 2024

Wireless transfer of power or electrical charging of battery-powered equipment and devices without the requirement of wired electric connection is termed wireless charging. It is often referred to as inductive charging, in which power is transferred wirelessly through electromagnetic induction. 

Topics: Consumer Electronics Industry Insights

Advancements in Supercapacitor Technology to Drive Market Growth

The global supercapacitor/ultracapacitor market is expected to grow from $1.2 billion in 2018 to $4.6 billion in 2023 at an annual growth rate of 30.0%, according to a report by The Business Research Company.

Topics: Computer Hardware & Networking Consumer Electronics Industry Insights

Amazon's Competitive Advantage and How Retailers Are Fighting Back

In 2018, Amazon’s global net sales reached $233 billion, and its impressive growth continues to rattle the retail industry.

Amazon is on a path to become the largest retailer in the U.S. — and is expected to overtake Walmart by 2022, according to data from a recent market research report by Packaged Facts titled Amazon Strategies and the Amazon Shopper, 2nd Edition. Amazon’s U.S. gross merchandise sales will contribute nearly half of U.S. e-commerce sales by 2022, up from 43% in 2019 and 28% in 2015.

Topics: Food & Beverage E-commerce & IT Outsourcing Consumer Electronics Industry Insights