Consumer Goods News

Air pollution has become an unending issue. Rapid economic expansion and urbanization, particularly in megacities, influence air quality. Indoor air quality can also be affected by poor air quality. Deteriorating indoor air quality, increased health concerns, consumer awareness of lifestyle-enhancing devices such as air purifiers, and technical breakthroughs are likely to boost the demand for air purifiers. Their efficiency has skyrocketed air purifier sales statistics, particularly in India. India’s fastest-growing economy is home to 22 of the world's…

The joint venture between Nike and SOULGOODS honors Chinese youth while reinventing sports culture for the following generation. The pack includes references to basketball, music, and art from the 1980s, 1990s, and 2000s, highlighting the cultural crossovers between those three decades.

Beijing is home to the streetwear company SoulGoods. In 2016, they opened their first store. The brand name "SOULGOODS" was created by combining the words "SOUL" and "GOODS," which denotes that the company seeks to operate with the existence of a soul. They want everyone…

India has topped the global rice export market in 2022, exporting 21.5 million metric tons of rice, according to the International Rice Research Institute (IRRI). This is the second consecutive year that India has topped the rice export market.

Thailand came in second place, exporting 8.2 million metric tons of rice. Vietnam, Pakistan, and the United States rounded out the top five rice exporters.

The global rice market is expected to continue to grow in the coming years, driven by the increasing demand for rice in developing countries.

The IRRI said…

The global packaging industry has been boosted by the number of orders worldwide, parcel volumes, and many other factors. The global packaging industry has recorded a 2 percent decline in patent fillings for the second quarter of 2023, thus decreasing the total patent publications by 2 percent, per the new studies.

Based on a study, the patent applications in the second quarter of 2023 were 10,777, and 10,997 in the first quarter of 2023. The filings have declined by 21 percent on a year-over-year basis, but based on quarterly records, they have…

The packaging industry has grown in the last five years, making handling packaging of parcels easier with its new trends and developing technologies. Sustainable packaging is one of those trends. One of the leading recyclers of agricultural film, LyondellBasell and AFA Nord, has recently come forward to form a fifty-fifty joint venture for recycling commercial secondary packaging wastes in 2023. The company LyondellBasell plans to build a mechanical recycling plant in northern Germany to recycle plastic materials for use in flexible packaging. The…

The market condition in 2023 is expecting retail sales and seasonal budgets to increase. This may affect consumers' buying of the products as the surveys expect consumers to spend less on gifts in 2023.

In the recent past, retailers suffered from supply chain disruptions, higher inflation, and other problems that affected consumer buying. These problems have affected e-commerce and holiday season sales earlier. Experts believe that holiday season sales may increase from November 2023 onwards as the market condition is better than in past years…

Driven by fast economic development and a rising need for electrification, India's energy consumption is expected to rise at an average annual rate of 6.3 percent from 2025 through 2027 (International Energy Agency, IEA). Mostly driven by a jump in cooling demand among increasing temperatures, this increase exceeds the average of 5 percent for 2015–2024. Further confirming India's importance in the global energy scene, the IEA projects that by 2027, India will contribute 10 percent of the overall rise in global power consumption.

Coal will remain the…

The United States (U.S.) Census Bureau reports that U.S. retail sales barely increased by 0.2 percent in February 2025 to reach USD 722.7 Billion. This countered the notable 1.2 percent drop seen in January 2025. Retail sales grew 3.1 percent year over year from February 2024, indicating a strong consumer spending trend despite recent economic swings.

 Total sales during the three-month period ending in February 2025 increased 3.8 percent over the same period a year prior. Given that about 70 percent of the U.S. GDP is derived from consumer…