PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1504286
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1504286
Please contact us using the inquiry form for pricing information.
Global Market Insights Inc. offers GMIPulse, a cutting-edge, Business Intelligence (BI)-enabled platform designed to deliver the finest strategic value. GMIPulse offers an adaptable subscription service, customizable to meet your unique needs, providing comprehensive and granular market data, competitive landscape insights, and an in-depth understanding of industry ecosystems. This platform is your go-to solution for all market research needs, ensuring you stay ahead with the latest trends and technological advancements.
The consumer goods & services industry is evolving rapidly with advancements in technology, shifting consumer preferences, and new market dynamics. GMIPulse provides in-depth insights into the following key clusters within the consumer goods & services industry:
The global apparel, footwear, and accessories market is projected to grow at a CAGR of 4.5% from 2023 to 2030, driven by rising disposable incomes and the increasing influence of fashion trends. Key market segments include sportswear, casual wear, luxury fashion, and sustainable fashion. For instance, the sustainable fashion segment is expected to witness significant growth, with consumers becoming more eco-conscious and demanding ethically produced clothing.
The global home appliances market is expected to expand at a CAGR of 5.8% from 2023 to 2030, propelled by advancements in smart home technologies and increasing demand for energy-efficient appliances. Major categories include kitchen appliances, laundry appliances, and air conditioners. The connected home trend is driving the adoption of smart appliances, such as smart refrigerators and washing machines, which offer enhanced convenience and energy savings.
The baby care market is anticipated to grow at a CAGR of 6.2% from 2023 to 2030, fueled by increasing awareness about infant health and hygiene. Key products include diapers, baby food, skincare products, and toys. Organic baby care products are gaining traction, as parents are increasingly looking for natural and safe options for their children.
The consumer electronics market is projected to grow at a CAGR of 6.0% from 2023 to 2030, driven by the proliferation of smart devices and advancements in technology. Major products include smartphones, tablets, laptops, and wearable devices. The rise of the Internet of Things (IoT) is significantly impacting the market, with smart home devices such as smart speakers and home automation systems becoming increasingly popular.
The home improvement market is expected to grow at a CAGR of 4.9% from 2023 to 2030, supported by the trend of DIY home projects and increasing investments in home renovations. Key segments include hardware, tools, building materials, and home decor. The growing trend of green buildings is also driving the demand for eco-friendly and energy-efficient home improvement products.
The personal care market is anticipated to grow at a CAGR of 5.5% from 2023 to 2030, driven by increasing consumer awareness about personal grooming and hygiene. Major products include skincare, haircare, cosmetics, and oral care. The trend towards natural and organic personal care products is gaining momentum, with consumers seeking products free from harmful chemicals and synthetic ingredients.
The retail market is projected to expand at a CAGR of 4.3% from 2023 to 2030, driven by the growth of e-commerce and changing consumer shopping habits. Key segments include grocery, apparel, electronics, and home goods. The integration of online and offline channels, known as omnichannel retailing, is becoming increasingly important, allowing retailers to offer a seamless shopping experience to consumers.
The sports equipment market is expected to grow at a CAGR of 5.7% from 2023 to 2030, supported by the increasing participation in sports and fitness activities. Key products include fitness equipment, outdoor gear, and team sports equipment. Technological advancements are leading to the development of smart sports equipment, such as connected fitness trackers and smart sports gear, enhancing the performance and safety of athletes.
GMIPulse offers unparalleled strategic value through its BI-enabled platform. With its customizable and interactive interface, accurate data, and comprehensive market insights, GMIPulse is your essential tool for staying ahead in the competitive consumer goods & services market landscape. Subscribe today to unlock the full potential of your market research and strategic planning capabilities.
Please contact us using the inquiry form for pricing information.