consumer durables

  A recent study, conducted by the strategic consulting and market research firm  BlueWeave Consulting , revealed that the  China hand sanitizer market  is estimated to grow at a CAGR of 10.2% during the forecast period of 2022-2028. The market is growing at a high rate because of the increasing health and hygiene consciousness among Chinese consumers fueled by the COVID-19 pandemic outbreak.  One of the most important factors contributing to the market growth is the adherence to regulations and guidelines regarding hand hygiene. With surging market demand for hand sanitizers, the global and local companies are also launching a wide range of products to tap into the expansion opportunities, which is anticipated to drive the China hand sanitizer market growth during the forecast period. This region is nevertheless plagued by the concentration of several hand sanitizer brands, which negatively impacts market growth. Flourishing Online Sales Channels Anticipated to...

  A recent study by the strategic consulting and market research firm;  BlueWeave Consulting  revealed that the global  Online Food Delivery market  was worth USD 127.1 Billion in 2021 and is anticipated to reach USD 273.9 billion by 2028 at a CAGR of 11.8%. Due to the exceedingly high rate of urbanization coupled with the changing hectic lifestyle, which has created the demand for easy,  time-saving lifestyle solutions, online food delivery is emerging as one of the most prominent trends across the globe.  Moreover, the swelling cut-throat competition among the players in the market, the rising number of innovative techniques announced by the food providers, and more discounts offered to escalate customer satisfaction and retention are major growth drivers. Increasing Penetration of Smartphones and Internet Connection and Lifestyle Changes Driving Market Growth Smartphones and internet connections have become more available to the majority of the popu...

  A recent study by the strategic consulting and market research firm;   BlueWeave Consulting   revealed that the global   collaborative robots market   was worth USD 762.0 million in 2021 and is anticipated to reach USD 3,998.1 million by 2028 at a CAGR of 26.9%. This can be attributed to the growing affordability, easier use, and less complexity of the collaborative robots for training purposes. Eight out of ten workplaces claim that they are likely to increase their deployment of collaborative robots over the next decade, with the pandemic acting as a catalyst for accelerating their investment in automation. For instance, ABB recently announced an expansion of its collaborative robot (cobot) portfolio with the new GoFa and SWIFTI cobot families, which offer higher speeds and payloads, to complement YuMi and Single Arm YuMi in ABB's cobot line. These faster, stronger, and more capable cobots are likely to be adopted across various sectors such as electronics, ...

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the   Saudi Arabia non-alcoholic drinks market   was worth USD 9.3 billion in the year 2021. It is estimated to grow at a CAGR of 5.60%, earning revenue of around USD 13.3 billion by the end of 2028. The market is flourishing at a high rate because alcoholic beverages are prohibited in Saudi Arabia owing to Islamic religious traditions, non-alcoholic beverages have a sizable market. As a result, businesses are progressively developing new products in a variety of flavors, providing the industry with significant growth potential. Surging Launches Of New Products Is Driving The Saudi Arabia Non-Alcoholic Drinks Market Growth As the market for non-alcoholic beverages grows, companies are continually developing and launching new products to entice customers and boost their sales. They are concentrating on offering a variety of flavors and ingredients to...