Video games continue to reign supreme on holiday wish lists, with 76% of kids aged 10-17 hoping for game-related gifts this Christmas. Consoles remain the most popular request, followed by new games and accessories. Parents are also allocating a significant portion of their holiday budget to gaming, highlighting the importance of video games in family entertainment.
A new study reveals that Gen Z shoppers (18-27 years old) are driving a surge in independent retail, valuing unique products and personalized service. This trend, despite the cost-of-living crisis, shows a strong desire to support local businesses and revitalize high streets.
The global hydration containers market is experiencing significant growth, driven by factors such as increasing consumer awareness of environmental impact, active lifestyles, and the focus on health and wellness. This article explores the key trends, drivers, and competitive landscape within this dynamic market.
The global alcoholic beverages market is projected to experience robust growth, driven by factors like experiential marketing, cannabis-infused beverages, and rising demand for premium and sustainable products. Beer remains the leading category, while online retailers are emerging as the dominant sales channel. The report highlights key regional trends and competitive landscapes, emphasizing the role of prominent players like Diageo, Anheuser-Busch InBev, and Pernod Ricard.
Mars Wrigley Canada is getting ready for Halloween 2024 with the appointment of a ‘Minister of Trick or Treat’, Ellen Thompson, who will oversee the release of the inaugural Mars Spooktacular Trends Report. The report reveals consumer preferences for Halloween celebrations, including candy choices and participation in trick-or-treating. Mars is also launching the ‘No Tricks, Just Treats’ truck to offer free candy and collect unwanted items for donation to Food Banks Canada.
The global green cosmetic products market is flourishing, projected to reach US$ 70.6 billion by 2034. Driven by rising consumer consciousness about environmental impact and health concerns, the market is seeing a surge in demand for eco-friendly and sustainable beauty products. This growth is further fueled by regulatory pressure for safer ingredients and a growing preference for transparency and ethical sourcing.
With Christmas just 100 days away, a new survey reveals that a quarter of shoppers have already begun their holiday shopping, driven by concerns about popular items selling out. The fear of missing out, coupled with a desire to spread the cost and find the best deals, is leading shoppers to embrace early holiday shopping strategies.
The cannabis edibles market is exploding, with gummies taking the lead. Wyld, Incredibles, Wana, and Kiva-Camino are the top contenders, capturing a significant share of the market. Consumer loyalty is high, with 45% consistently purchasing the same brand. Word-of-mouth recommendations also play a vital role in driving consumer choices. This booming industry, estimated at $2.2 billion, is attracting numerous brands eager to capitalize on the growing demand for edibles.
Daniel Newman, CEO and Principal Analyst at Futurum Research, provides his expert insights on Amazon’s recent earnings report. Newman highlights key takeaways, growth drivers, and potential challenges for the e-commerce giant.
