Consumers are increasingly choosing bottled water over carbonated soft drinks and other beverages due to greater awareness of the negative health effects associated with beverages containing sugar and artificial ingredients. Furthermore, the use of flavor drops enable consumers to customize their drink with as much or as little flavor and sugar as they desire.
June 22, 2018US demand for Christmas lighting sets is forecast to total $515 million in 2021. Anticipated contraction in Christmas tree purchases in unit terms will weigh on demand for associated lights...
May 9, 2017US wine demand by volume is forecast to reach 1.2 billion gallons in 2021. Increases will be driven by continued expansion in disposable personal income and demographic shifts, in which a larger percentage of the growing population will consume wine...
May 16, 2017Three of the top trends impacting the jewelry and watch market
June 18, 2018The COVID-19 pandemic has dramatically altered the way people dine, both at home and in public. The overwhelming fear of contamination that was once the domain of germophobes has become commonplace. As the world starts to open back up as vaccinations expand, restaurants face the challenge of customers who have spent more than a year thinking about the sanitary practices behind the production, handling, and consumption of food. Is the “sanitarian” customer the new vegetarian?
April 29, 2021Millennials have built up quite a list of industries and businesses for which they are responsible for “killing” over the past few years – from restaurant chains and mass-produced beer to starter homes and napkins. Finally, it seems millennials have redeemed themselves in what is arguably the last place one might expect: the frozen food aisle.
June 22, 2018While consumers have embraced the look and feel of knitted shoes, footwear companies have become excited about the possibilities the new process provides...
May 19, 2017Consumers are showing greater interest in landscaping features besides lawns, such as gardens, native grasses, plants, and shrubs. A key reason involves environmental concerns and local regulations regarding water use, which have become increasingly important, particularly in areas that feature water scarcity. To succeed in the face of these concerns, landscaping service firms must tailor their offerings to include a wider array of services that address environmental considerations such as reducing water use.
May 30, 2018Quick question: what products can you sell as a service? Clothing? Check. Furniture? Check. Music? Check. Cars? Yes indeed. Even Americans’ love affair with vehicle ownership is going by the wayside – or so it seems. Proclamations of the end of personal car ownership are in vogue. Car subscription services – where consumers pay a fixed monthly fee to drive a vehicle they are renting – are one of the innovative services aiming to liberate us all from the responsibility of ownership. However, the prospects of car subscriptions as a mass-market mobility service appear limited.
June 17, 2019Fast fashion – the trend toward selling clothing featuring the latest designs to consumers as quickly and cheaply as possible – has long been the driving force in the apparel market. To the annoyance of many consumers, two consequences of this trend have been that clothing has become less durable and less unique.
October 11, 2017