Consumer Goods Industry

  The global mezcal market is expected to exhibit a robust CAGR of 11.3% over the forecast period from 2020 to 2026, according to the latest research report from Market Research Future (MRFR). The global mezcal market was valued at USD 350 million in 2019. The MRFR report presents a detailed analysis of the global mezcal market’s historical growth trajectory, allowing analysts to build studied forecasts for the market. The major drivers and restraints affecting the global mezcal market are also studied in the report. The impact of the COVID-19 pandemic on the global mezcal market is also studied in the report. Mezcal is a distilled alcoholic beverage made from the agave plant. It is a traditional Mexican beverage and can be made from 30 different types of agave. Mezcal is related to tequila, in that both are made from the agave plant. The growing demand for premium brands of alcoholic beverages is likely to be a major driver for the  Mezcal Industry  over the forecast per...

  Pet supplies include foods, toys, and other accessories required to feed and engage pets for a happy life. The global pet supplies market report by Market Research Future (MRFR) has included in its report the various findings and challenges plaguing pet supply manufacturers, retailers, and others in the supply chain. It contains growth estimations for the period of 2019 to 2025 (forecast period) amid the outbreak of the COVID-19 virus and its impact and analysis on pet owners. Market Scope The global  Pet Supplies Market Analysis  can reach a valuation of USD 38.45 billion by 2025. It is predicted to expand at a CAGR of 6.9% over the forecast period. Awareness of pet healthcare due to adoption of pets is likely to bode favorably for the market demand. Pet care products have gained steam owing to awareness of products, the wide variety, easy availability, and product innovation in terms of taste, texture, and packaging. Rise in per capita income of consumers and their ab...

  The already booming global paper straw market is expected to gain further prominence over the forecast period. In 2018, paper straws accounted for around 10% of the global straws market, which was then valued at nearly USD 14.36 BN .  Paper straw market growth is majorly driven by the increasing awareness of the hampering effects on the environment caused by plastic materials. Moreover, the growing preference for biodegradable products accelerates the growth of the market.  Recently, biodegradable straws have gained immense popularity due to the threat of land & water pollution caused by toxic substances in plastic. This, as a result, drives huge demand for paper straws as a non-toxic, biodegradable, and environment-friendly alternative to plastic straws. According to Market Research Future (MRFR), the global  Paper Straws Market Growth  is poised to create a value of USD 2.44 BN by 2024, growing at a staggering 12.61 %  CAGR during the assessment per...

  According to Market Research Future (MRFR), the global gardening tools market size is projected to reach USD 105.53 billion at a CAGR of 4.2% from 2019 to 2025 (forecast period). The report provides a comprehensive overview of the present scenario, the economic situation and COVID-19 analysis of the overall market. Garden tools are divided into hand tools and power tools. lawnmowers, trimmers and edgers, turf and ground equipment, shears, prunes, hammers, spades, and weeders are some of the widely used gardening tools.   Market Segmentation The global  Gardening Equipment Market  has been segmented into type, product, end-use, and distribution channel. By type, the global market for gardening tools has been segmented into power tools and hand tools. Power tools are the largest and fastest-growing segment of the market for gardening tools. Power tools consist of lawnmowers, turf and ground equipment, trimmers and edgers, blowers, vacuums, and sweepers. These are pri...

  As per Market Research Future (MRFR) analysis, the global alfalfa market is expected to reach USD 39.7 billion, with a CAGR of 5.0% from 2019 to 2025 (forecast period). The report considers the current and potential impacts of COVID-19 on this sector and offers an in-depth overview of the global  Alfalfa nutrition Market . Alfalfa is also referred to as Lucerne and is cultivated as an essential fodder crop in many countries across the world. It is used for grazing, hay, and silage, as well as green manure and cover crops. Alfalfa usually has the highest feed value of all common hay crops. Alfalfa is often the highest-yielding fodder plant, but its most significant benefit is the combination of high nutritional quality and high yield per hectare. The main use of alfalfa as forage for dairy cows, due to its high protein content and highly digestible fiber. After dairy cows, horses, beef cattle, sheep, and goats are the secondary feeder animals of alfalfa forage. Market Dynamic...

  As per Market Research Future (MRFR) analysis, the global yoga mat market estimated to grow to USD 2.5 billion with a CAGR of 7.2% from 2019 to 2025 (forecast period). The report provides a thorough analysis of the market, including production, suppliers, quality, consumption, growth rate, sales revenues, supplies, imports and exports, and technological developments. This report also analyzes the impact of COVID-19 on the yoga mat industry. Yoga is known to be one of the most effective ways to keep the mind and body healthy. Yoga mats of various types and materials offer comfort when practicing yoga and serve as the most essential item purchased by yoga practitioners around the globe. Yoga mats are made of rubber to provide sitting support while practicing yoga. With the rising popularity of yoga across the globe, leading players in the global market for yoga mats are joining hands for creating collaborative products with the goal of attracting more consumers. Key Playe...

  The global waterproof socks market is predicted to touch USD 6,850.4 million at a 7.1% CAGR between 2019- 2025, as per the recent analysis by Market Research Future (MRFR). Waterproof socks help to prevent the entry of water along with offering comfort during different water-related as well as other sports activities. It has three layers- the inner layer offers comfort and insulation, the middle layer is completely water-resistant, and the outer layer prevents abrasion by shoes. Waterproof socks are made of different materials such as bamboo rayon, wool, polypropylene, and nylon, and are available for both children and adults. Various factors are propelling the global  Waterproof Socks Market by Application  growth. As per the latest MRFR report, such factors include the demand for sportswear worldwide, product innovation, growing organized retail sector, growing demand for multifunctional apparel & accessories, and a burgeoning need for multifunctional socks....

  The global lingerie market overview appears very promising, with continually growing market shares. Major factors that are influencing the market growth are increasing awareness about the product and rising popularity of various lingerie brands offering unique varieties through social media platforms. Furthermore, companies expanding their global footprints in the emerging markets are accelerating market growth. According to Market Research Future (MRFR), the global  Lingerie Market growth  is projected to reach a valuation of USD 51.23 BN by 2025. In its recently published lingerie market research, MRFR asserts that the market would grow at 4.5% CAGR over the forecast period (2019 – 2025). The augmenting market sales are majorly driven by the steady growth in the global economy. Additionally, advances in product development led by improvements in technologies are considered as major growth drivers for market growth. Besides, changing fashion trends and the growing infl...