16 Jan 2025
This year, Paperworld India has
seen growing participation from segments such as educational toys, paper and paper products including sustainable paper brands. Similarly, the Corporate Gifts Show is experiencing growth in segments such as pharma packaging & gifting, customised gifting brands and bags & apparels. Stationery, paper and paper products and corporate gifting segment, are a
few amongst the most dynamic industries in India: Given its creative potential to continuously develop new and attractive products and the advantage of customisation, drive the demand.
According to Bonafide Research, India's personalised gift market is projected to add USD 540 million by 2029, reflecting a strong culture for custom gifting. There is a renewed focus on eco-friendly products and sustainability. According to the Indian Retailers Association, 68% of urban consumersprefer eco-friendly gifts.
3 Jan 2025
Bonafide Research reports that the surge in demand for clean-label food and beverage products is expected to be a significant driver for the growth of the organic food and beverage industry. The rise in health consciousness among consumers increases the demand for sustainable food and beverages. By choosing organic products, consumers support sustainable agricultural practices that promote biodiversity, soil conservation and the preservation of ecosystems.
One such trend is the rise of "farm-to-table" and "farm-to-glass" practices, emphasizing the traceability and freshness of organic ingredients. Consumers are increasingly seeking local, organic produce and artisanal products that connect them to the origins of their food and drinks. The organic market has witnessed significant innovation and product diversification.
19 Dec 2024
At the height of the pandemic, people had little option but to eat at home, and everything related to food items, cookware, or kitchenware underwent a thorough health and safety check by shoppers. The market for safe and durable cookware (instead of what’s commonplace and convenient) has gotten a kickstart since then, and India has been no exception. According to Bonafide Research, Indian consumers are keen to invest in high-quality cookware, and the domestic market is estimated to grow at more than 7% CAGR between 2023 and 2028.
Globally, the cookware market is projected to reach $42 Bn by 2032 from $31 Bn in 2023 at a CAGR of 3.5%, according to Global Market Insights. The report also underscores a rising demand for cookware made from sustainable and eco-friendly materials like cast iron, recycled aluminium and responsibly sourced wood.
19 Dec 2024
Whisky is enjoying a remarkable surge in popularity. According to the Global Whisky Market Overview 2023-28 report by Bonafide Research, the whisky market is projected to hit $127 billion by 2028. Given this upward trajectory, it’s no surprise that Whisky Live Paris 2024 showcased some exciting new trends.
At this year’s show, enthusiasts and industry professionals were immersed in a dynamic display of the world's finest whiskies. While the event is always a celebration of tradition and craftsmanship, it also acts as a key indicator for future market trends. Here are four emerging trends our Barfliers identified to watch for in 2025 and beyond.
19 Dec 2024
There is a surging demand for batteries to meet electrification needs, including grid flexibility and the use of distributed energy resources (DERs). The Europe Battery Market Outlook 2027 report by Bonafide Research projects a significant market increase of approximately $28 billion between 2016 and 2027. The growing demand is driven by several factors:
Clean Energy Transition: Batteries are crucial for adopting electric vehicles and renewable energy storage, supporting cleaner energy systems.
Climate Change Goals: Advancements in battery technology help reduce carbon emissions, supporting global efforts to combat climate change and achieve net-zero goals.
Energy Security: Domestic battery manufacturing enhances energy security by reducing reliance on imports.
Economic Growth and Jobs: Developing battery technologies creates economic growth and job opportunities.
19 Dec 2024
With the advancement of digital transformation (DX) and the spread of AI, the amount of data handled every day is huge, and the demand for fiber optic cables is increasing. In fact, according to the Bonafide Research report "Japan Fiber Optic Cable Market Overview, 2028," the number of fiber optic cables added in Japan by 2028 is expected to reach more than 764 million. In order to meet this growing demand, we have established a same-day shipping system, especially for single-mode fiber (SMF), which is commonly used in the Japanese market.
19 Dec 2024
According to the research report, "Global Smart Buildings Market Outlook, 2029" published by Bonafide Research, the market is anticipated to cross US$165 Billion by 2029, increasing from US$91.19 Billion in 2023. The market is expected to grow with 10.80 percent CAGR by 2024-29. Intelligent climate control, personalized lighting, and optimal indoor air quality create a healthier and more comfortable environment for occupants. By adapting to individual preferences and behavior patterns, smart buildings promote productivity and satisfaction.
Through data-driven insights and automated control, smart buildings minimize energy waste and reduce operational costs. By optimizing resource usage and harnessing renewable energy sources, these structures contribute to sustainability goals and carbon footprint reduction.
19 Dec 2024
In 2023, more than 26 million passenger cars, almost a third of global production, were produced in China by domestic and foreign manufacturers. The Chinese automotive industry is expected to experience further strong growth in 2024.
Due to their cost-effectiveness, durability, corrosion resistance and relatively low weight, pipes made of plastics such as PE and especially PVC are becoming increasingly important. Market research company Bonafide Research values the Chinese plastic pipe market at USD 14.2 billion in 2022 and expects it to grow at a growth rate (CAGR) of 4.2% to USD 19 billion in 2028.
22 Aug 2024
According to the Brazil Beer Market Overview, 2028 report by Bonafide Research, the Brazilian beer market is expected to grow at a compound annual growth rate (CAGR) exceeding 4.83% from 2023 to 2028. The growth forecast presents significant opportunities for Ambev S.A. to enhance its market share and profitability.
22 Aug 2024
According to Bonafide Research, a market research and consulting company, skateboarding is the sixth most popular sport in the world, and as many as 23,000 can be found in different countries. skate parks.
22 Aug 2024
The global whisky category is forecast to increase in value by $88.85 billion by 2028, the Global Whisky Market Overview, 2023-28, by Bonafide Research reported. According to its research, the sector is on track to reach $127.53 billion by 2028, a compound annual growth rate increase of 6.34% since 2022, with Asia-Pacific noted as a prominent region for the category’s consumption growth.
22 Aug 2024
Using IoT sensors and smart technologies to minimize energy usage, improve security, and increase resident comfort, the UAE is leading the way in the development of smart buildings. As per Bonafide Research, IoT-based devices help to regulate several facets of the operational efficiency of buildings, HVAC systems, and lighting in the UAE. This integration of smart technology helps to create a smarter urban environment and fits UAE’s vision of a tech-driven future.
21 Aug 2024
Using IoT sensors and smart technologies to minimize energy usage, improve security, and increase resident comfort, the UAE is leading the way in the development of smart buildings. As per Bonafide Research, IoT-based devices help to regulate several facets of the operational efficiency of buildings, HVAC systems, and lighting in the UAE. This integration of smart technology helps to create a smarter urban environment and fits UAE’s vision of a tech-driven future.
21 Aug 2024
In 2023, the value of China’s weight management market reached approximately RMB 618.54 billion (US$792.43), marking a 14.4 percent increase from RMB 540.46 billion (US$74.33 billion) in 2022.
This expansion is projected to continue, with the market anticipated to add more than US$9 billion from 2024 to 2029, according to a report by Bonafide Research.
21 Aug 2024
The wearable technology market in the UAE reflects the nation's tech-savvy culture, positioning it as a key player in the Middle East's technological landscape. The popularity of wearable gadgets like fitness trackers, smartwatches, and augmented reality (AR) glasses has surged in recent years, bolstered by advancements in battery life, integration of 5G technology, and enhanced health monitoring capabilities. With one of the world's highest GDP per capita rates, the UAE's affluent population demonstrates a strong inclination towards purchasing high-end wearable technology, particularly luxury items such as AR devices and premium smartwatches.
According to the ‘United Arab Emirates Wearable Technology Market Overview, 2028’ report by Bonafide Research, the UAE wearable technology market exceeded $280 million in value in 2022. The country's popularity as a travel destination further fuels this market, attracting tech-savvy tourists eager to acquire cutting-edge devices. This demand not only caters to affluent locals but also enhances the availability of upscale wearables tailored to both functional and aesthetic preferences. In the UAE, wearables are increasingly seen not just as practical tools but as fashionable accessories that reflect personal style.
21 Aug 2024
In recent years, the UAE has witnessed a significant shift in dietary habits, spurred by an increasing awareness of health and well-being. This change is particularly evident in the burgeoning probiotics market, which is expected to grow by $77.64 million from 2023 to 2028, according to the research report ‘UAE Probiotics Market Overview, 2028’ by Bonafide Research.
The surge in popularity of probiotics can be attributed to several factors, including changing eating patterns and a rise in chronic diseases. As more people seek to improve their health through diet, the inclusion of probiotics has become a common practice.
21 Aug 2024
Nowadays, people are increasingly interested in eating healthy foods as part of their regular diet. Fruit juice is an outstanding choice thanks to its nutritional contribution, variety, and versatility. Learn more about this trend.
ABC of the fruit juice market
In 2023, this market had a global value of $153.9 billion. The projection is to reach $216.6 billion by 2032, with a compound annual growth rate of 3.9% (IMARC Group, 2024).
Essentially, health-focused lifestyles are the main driver behind the growth of products like fruit juice, as they are rich in vitamins, minerals, and antioxidants. Since they are of natural origin, they are perceived as healthier than soft drinks and carbonated beverages (Bonafide Research, 2023).
21 Aug 2024
People all over the world have become extremely tech smart nowadays. Innovations in AI and IoT have the potential to disrupt practically every aspect of our lives, and now it looks like they can do the same to our homes as well. From sliding your curtains to checking who is at your door to warming up your microwave, everything is just a click or voice command away.
According to various market research platforms, this growth is going to escalate. A recent report by Bonafide Research says that the smart home market in India grew at a CAGR of over 38 per cent, with a Rs 2,800 crore market size in 2021-22. While ResearchandMarkets data states that the market is going to grow at a double-digit CAGR of 15.62 per cent from 2021 to 2027.
Between 2023 to 2027, the revenue of India’s smart home market is predicted to climb by a total of 1,844.1 million US dollars (+36.81 per cent). Following the fourth consecutive year of growth, sales are expected to reach 6.9 billion US dollars, reaching a new high in 2027.
127 – 144 of 189+ result available
We are friendly and approachable, give us a call.