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The Singapore government announced its environmental action plan, the Singapore Green Plan 2030, in February 2021. It aims to have all registered vehicles in the country run on clean energy by 2040. Accordingly, the introduction of electric and hybrid vehicles is also being promoted rapidly.

However, internal combustion engine vehicles still dominate the used car market, and Singapore's used car market is expected to grow to more than US$700 million (US$958 billion) between 2024 and 2029, according to a report by Bonafide Research.

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While the conflict between Ukraine and Russia intensifies on one front and tensions simmer between the two countries, on the flip side, Russians are cooling off with a scoop of comfort – thanks to a record-breaking spree of ice cream production!

While the conflict rages on one side, the demand for ice cream in Russia is skyrocketing on the other. According to ‘The Center for Research in Perspective Technologies’ (CRPT) report – Russia’s ice cream production shot up by a whopping 12% in the first four months of 2024 alone! That’s 110 million kilograms of frozen bliss. Imports are holding steady, too – about 3 million kilograms of ice cream keep waltzing into the country every quarter.

Key players in the Russian ice cream market, such as Iceberry (known for brands like Plombir Vologda, Filevskoye, and Pearl of Russia), Renna Group, and Unilever, including R&R Ice Cream, a British manufacturer, continue to dominate the industry, as outlined in the ‘Russia Ice Cream Market Overview’ by Bonafide Research in January 2024.

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The global millets market is valued at US$ 14.22 billion in 2023. It is projected to reach US$ 23.83 billion by 2033, growing at a CAGR of 5.3% during the forecast period, according to the FactMR report.

The Indian millets market was valued at US$ 5.05 billion in 2022, according to the research report ‘Indian Millets Market Overview’ published by Bonafide Research. In March 2021, UNGA (United Nations General Assembly) recognized 2023 as the International Year of Millets, with 72 countries supporting India’s request.

Millets were among the first crops cultivated for food, as documented in 3000 BC during the Indus Valley civilization. Indian millets are a group of nutritiously rich, drought-tolerant crops, mostly grown in the arid and semi-arid regions of India. They are small-seeded grasses belonging to the botanical family Poaceae. They constitute an important source of food and fodder for millions of resource-poor farmers and play a vital role in the ecological and economic security of India.

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There are many more homes with the Internet, the generation gap in the use of mobile devices has been reduced and solutions such as video surveillance cameras for homes, smart locks, video access systems and other home devices, which are also easy to use, install and accessible in price, have entered the daily lives of Argentines .

According to the report "Argentina Smart Home Market Overview 2028", published by Bonafide Research, the Smart Homes market in Argentina was valued at more than 300 million dollars in 2022, and since the post-pandemic, experts predict an increase in the penetration of this technology in homes.

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Adoption of home automation in homes in the country has been growing significantly after the pandemic," says Marcelo Shen, country manager for Argentina at EZVIZ, a company expert in developing technology for smart homes. ?There are many more homes with the Internet, the generation gap in the use of mobile devices has been reduced and solutions such as video surveillance cameras for homes, smart locks, video access systems and other home devices, which are also easy to use, to install and accessible in price, they have entered the daily lives of Argentines. According to the report "Argentina Smart Home Market Overview 2028", published by Bonafide Research, the Smart Homes market in Argentina was valued at more than 300 million dollars in 2022, and since the post-pandemic, experts predict an increase in the penetration of this technology in homes.

The report title 'Global Battery Market Outlook, 2026' published by Bonafide Research gives a complete insight on the battery classified on basis of type (primary & secondary), technology (lead-acid, lithium-ion, nickel cadmium & nickel metal hydride), and application (automotive, industrial & portable). The overall battery market is expected to grow at a CAGR of over 8% during the forecasted period of 2021-26. Globally the secondary battery type has been an unbeatable market dominator. The number of people without access to electricity in the African region is to increase by over 600 million in 2030, despite efforts to boost electrification.

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Bonafide Research in its report titled- "Global Toy Market Outlook , 2025", attempts at analyzing the global scenarios, trends, and patterns that are shaping up this USD 110.97 Billion market in 2019. The toy market globally has spread out pretty vastly with very different patterns and consumer behaviors across regions. Few underlying phenomena are observed globally but the regional traditional and cultural significance of toys remain unchanged. In this report, Bonafide Research has segmented the industry based on age category, by product, and by distribution channel through which the toys are made available to the consumers and has been studied in the context of the regions, major countries, and market leaders.

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Latin America (LATAM) is a flourishing region, and toymakers and distributors are discovering new ways to cater to the increased demand for toys in markets like Brazil and Mexico. According to Bonafide Research, the LATAM toy industry was worth $5 billion in 2021. Further research from The NPD Group indicates that arts and crafts, dolls, R/C, and ride-on toys have remained popular in the region. Fan events like Comic Con Experience (CCXP) and trade shows such as Abrin welcomed hundreds of thousands of visitors last year to experience the latest toys, games, and entertainment properties. While the market is growing, some regions still face economic hardships and retailers are using competitive pricing and well-recognized intellectual properties (IP) to engage consumers. NPD has found that American properties like Hot Wheels, Barbie, and Marvel?s Avengers dominate store shelves and playrooms throughout LATAM. However, there is a growing demand for smaller properties that come from digital influencers, Roblox, and streaming services.

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The Global Whisky Market Overview, 2023-28 by Bonafide Research found the sector is on track to reach US$127.53bn by 2028, a compound annual growth rate (CAGR) increase of 6.34% since 2022. Asia Pacific has been pegged as a prominent region for the category?s consumption growth. Leading this region in whisky consumption is India, according to the report, while Japanese whiskies were noted to be ?challenging the longstanding dominance of Scotch?. In addition, Bonafide Research acknowledged that while demand for alcohol-free substitutes has been growing, ?traditional whisky? reigns supreme due to its ?distinctive flavours, cultural value, and ceremonial enjoyment?. Yet non-alcoholic alternatives to whisky are becoming increasingly popular due to health reasons. Globally, Scotch stands out as the preferred whisky, the report revealed, yet there is a ?growing inclination? towards flavoured whiskies. The research reviewed Scotch, Canadian and Japanese whiskies, as well as American and Irish whiskeys. Major players in the category include Brown-Forman, Pernod Ricard, Suntory, Bacardi, Edrington Group, Constellation Brands and Diageo.

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Africa?s demand for LED lighting is set to surge in the next five years, as governments promote the use of energy-efficient and environmentally-friendly bulbs. Retail stores predominantly serve as the principal distribution channels across East Africa. In South Africa, according to a report provided by Bonafide Research, the market is expected to add some US$1.24 billion in value by 2028. Lower LED prices, energy savings and increasing acceptance of LED lighting in various sectors such as industrial buildings are expected to drive the growth of the LED lighting market. Nigeria, meanwhile, is expected to save some US$2,47 billion in fluorescent lighting phase-out, by 2025.

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The Indian pet care market is anticipated to grow at a CAGR of 19 percent by 2025, according to a Bonafide Research analysis. The expansion is being driven by the exponential increase in pet ownership, which has also given rise to a new generation of Indian entrepreneurs who have launched several marketplaces, as well as their own lines of pet care products under private labels. Despite the growth in this industry, businesses continue to face numerous challenges brought on by India's fast-expanding pet care market and Petzzco strives to address these challenges by attempting to develop the best solutions possible. Petzzco, established in 2021, seeks to improve the quality of pet care, covering aspects from Nativity to Fatality. "Petzzco's mission is to bring the pet community together and help them connect. To make a Pet-Parent's life peaceful and secure, we have developed a Pet Platform with advice from some of the industries titans. Every now and then, your furry friend needs a little tender love and care.

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Figure-shaping underwear is trendy. Experts give tips on what to consider when buying so that women can enjoy the shapeware.

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The culture of deodorant in Canada reflects a blend of personal grooming, hygiene awareness, and diverse consumer preferences. Canadians generally prioritize personal hygiene, and deodorants play a crucial role in their daily grooming routine. The majority of Canadians consider deodorant application a standard part of their morning or post-shower ritual. Also, the climate in Canada varies significantly across regions, with cold winters and hot summers. As a result, consumers often adjust their deodorant choices based on seasonal needs. During the warmer months, demand for long-lasting and sweat-resistant deodorants tends to increase. Dove, Degree, Secret, Old Spice, NIVEA, AXE, Native, Toms of Maine, Schmidt's, and Jason Natural are some popular deodorant brands in Canada.

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Japan has a rich agricultural heritage and a long-standing commitment to technological advancements. Crop protection chemicals play a crucial role in sustaining the nation's agricultural productivity and safeguarding food security. These chemicals encompass various pesticides, herbicides, fungicides, and insecticides that protect crops from pests, diseases, and weed competition. However, their use has also raised concerns about environmental impact and human health. Striking a balance between agricultural innovation and environmental sustainability remains a top priority for Japan's crop protection industry. Japan, like many other countries, faces the challenge of balancing agricultural productivity with environmental conservation.

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Wiggles has launched many category-creating products like their Instant Pet Sanitizer and CannaPaw, a hemp-based pain relief oil. The startup had earlier raised $1 Mn in funding from angel investors. According to research published by Bonafide Research, the Indian pet care market is expected to reach INR 5,457 Cr by 2025, growing at a CAGR of 19% or more. Wiggles competes in this market alongside Heads Up For Tails, Supertails, Dogspot.in, Waggle.in, Doggie Dabbas, and others.

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A Bonafide Research report from 2022 found that the most popular cheeses in Germany were actually ?foreign cheeses?, with mozzarella, Gouda and Emmental ranking in the top three. However, other local cheeses like Holsteiner Tilsiter, Allg?uer Bergk?se, Hirtenk?se, Bavaria Blu, Harzer, Allg?uer Emmentaler, Butterk?se, Cambozola and Limburger are also popular in Germany.

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Lingerie, a category that historically promoted unrealistic beauty standards, has slowly transformed into a space where all bodies are celebrated. And considering how far lingerie has come, it?s no surprise that the category is heating up. As consumers continue to push brands to become size and body inclusive and promote more positive messaging, those that aren?t able to keep up are inadvertently making way for new, modern brands. ?There is a misconception that you purchase lingerie for the benefit of someone who is lucky enough to see you in it, but it can be very empowering to wear lingerie for yourself. Wearing lingerie makes you feel more confident, boosts your mood and, hopefully, makes what you?re wearing on top look even better,? Jennifer Zuccarini founder and CEO of luxury lingerie brand Fleur du Mal told Glossy. According to research and marketing firm Bonafide Research, 2022 was a big year for the category. That was thanks to trends like consumers wearing lingerie as outerwear, as well as newcomer brands making a splash. Bonafide Research valued the global lingerie market at $79 billion and expects it to reach $114 billion by 2028. As Zuccarini explained, lingerie is no longer thought of as something you wear for someone else, which has opened up the category to exciting, new trends. For instance, Vivienne Westwood singlehandedly redefined the purpose of the corset, making it one of the most iconic fashion staples in the ?80s. And popstar Rihanna?s lingerie company, Savage x Fenty, disrupted the industry with its expansive and inclusive sizing and marketing.

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The current Indian adult diaper market stands at Rs 350 crore and is expected to ?grow significantly due to increasing healthcare standards in the country?, as per consultancy Bonafide Research?s report, titled India Diapers Market 2021. Old is Gold has been the witness to massive demand pertaining to the issue. ?Consumables that include adult diapers, under pads, mobility aids and toilet aids constitute a bulk of our sales,? says Prithviraj.

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