MoviePass, a subscription-based service originally designed to allow subscribers to view unlimited movies in theaters nationwide for a single monthly rate of $9.95, sounds too good to be true. Maybe it is?
August 17, 2018Ever had an electronic piece of equipment that was awesome – until it broke? When electronics or appliances fail, most repairs must be carried out by a repair shop that has been authorized by the original equipment manufacturer (OEM), usually using OEM parts – otherwise, any warranty attached to the product will be voided. Because most customers want to preserve their warranty, OEMs possess considerable insulation from threats of competition in both the service and replacement parts markets.
July 18, 2018People love amusement parks. They’re a fun experience to share with family and friends. Even so, it’s getting hard for a park to compete with ubiquitous electronic amusements, let alone other parks. They’re having to step up their game and crank the thrills to eleven with regular investment in top-notch attractions. But bankrolling a world-class coaster or expansion isn’t easy, and operators are turning over every couch cushion to find new sources of revenue.
June 1, 2018Fast 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, 2017US beer demand is forecast to reach 6.6 billion gallons in 2021. Rising disposable personal income levels will stimulate consumer spending on beer. However, over the 2006-2016 period, demand for beer in volume terms fell at an average annual rate of 0.3% as the market matured and beer lost market share to other alcoholic beverages, especially among key demographics including baby boomers and millennials.
August 28, 2017If you have pain, take a pain reliever; if you can’t sleep, take sleep medication. Right? Wrong. Packaged Facts’ survey analysis suggests that sleep disturbance sufferers are much less likely than pain sufferers to take either OTC or prescription drugs to treat their condition. And yet OTC and prescription sleep remedies do the job: disturbance sufferers who take medication to treat their condition report high rates of relief.
March 8, 2017The past decade has seen a dramatic increase in the number of Hispanic pet owners in the United States. Between 2007 and 2016 the number of Latinos with pets in their homes skyrocketed from 11.4 million to 20.4 million as the pet ownership rate among Hispanics grew from 40% to 55%.
January 3, 2017Marketers and retailers have long recognized the exceptional role Hispanic consumers play in their growth strategies. Sheer numbers are one reason. Yet, Hispanics embody far more than just an extraordinarily fast-growing population segment of the American population. They now represent a market with outsize spending power that will only continue to grow in the future.
November 28, 2016The boom in Hispanic influence extends beyond population growth and rising affluence to also include noticeable gains in the popularity of Hispanic cuisine. Today, National Taco Day, corresponds with the recent release of a new Packaged Facts report packed with essential insights and trends related to Hispanic foods and beverages--including tacos!
October 4, 2016Packaged Facts covers the GMO market in our 2015 report Non-GMO Foods: U.S. and Global Market Perspective, 2nd Edition. For a limited time save 10% on the report with discount code GMOFACTSUSA. May 18 - Genetically engineered crops are safe for humans and animals to eat and have not caused increases in cancer, obesity, gastrointestinal illnesses, kidney disease, autism or allergies, an exhaustive report from the National Academies of Science released Tuesday found. Work on the 388-page repor...
May 18, 2016