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Analyst Opinions
NewEvolution of Clean Label in Household Care and Laundry – Industry Insights
This report investigates the rise of clean label and its implications for brands and consumers. Clean label attributes are increasingly demanded by eco-concious and ethically-minded consumers, and often span health, environmental, and ethical factors.
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Case Studies
NewMountain Tourism – Case Study
Mountain Tourism Report Overview The mountain tourism case study offers detailed insights into the key destinations with opportunities and challenges faced by the industry. Mountains are important tourist destinations around the world and attract visitors for their picturesque beauty, sports attractions, and rich cultural and spiritual heritage. The expansion of transportation networks and digitalization has led to an increased interest in mountain tourism both for adventure and wellness. Mountain tourism allows tourists to witness and experience the environment in a...
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Sector Analysis
NewSecondhand Selling – Shopping Trends and Consumer Insights, 2024
Secondhand Selling Market Overview The secondhand market is constrained by concerns about the quality of secondhand goods, particularly, from consumers in Spain, Italy, and China. However, cost is one of the factors driving secondhand clothing & footwear buying, with more than 60% of consumers globally excluding China. China is majorly focusing on getting access to vintage, limited-edition, or unique items including all the other countries. Owing to this, Chinese consumers prefer items secondhand as they are more affordable. Buy the...
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Consumer Insights
NewCost Pressures – Shopping Trends and Consumer Insights
Cost Pressures Market Report Overview Consumers across the globe are pessimistic about their country’s economic scenario over the next six months. However, a significant part of the population believe the economies to decline in the coming years. The economic adversities will adversely impact retail spending as consumers plan to cutback on costs. Retailers should opt for cost-effective alternatives, with a focus on promoting value for money, to drive retail spending. Consumers are changing their purchasing patterns in response to inflationary...
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Analyst Opinions
Top Trends in the Apparel Market for 2024
Top Trends in Apparel Market Overview The Top Trends in the Apparel Market for 2024 report includes an analysis of key factors impacting the global apparel market in 2024. The major trends in the apparel market are inflation, mergers and acquisitions, the outperformance of online channels, the importance of value for money, and market polarization among others. Top Trends · Inflation · Mergers and Acquisitions · The Outperformance of Online Channels · Importance of Value for Money · Market Polarization...
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Case Studies
Arctic Expedition Cruises – Case Study
Arctic Expedition Cruises Report Overview Expedition cruising refers to a way of exploring far-off and remote places where it is difficult to go by traditional modes of travel. In the last few years, there has been an increase in expedition cruises owing to the expansion of transportation networks and the establishment of sea routes. Expedition cruises in the Arctic allow tourists to witness and experience wildlife and nature adventures. It includes ecological and sustainable tourism, but there is also a...
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Consumer Insights
NewSpain Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
Spain Apparel Consumer Insights Report Overview More than 88% of Spanish consumers made an apparel purchase in 2023, however, around a quarter intend to spend less on the category in the next six months amidst concerns of rising inflation. In the same year, many apparel shoppers preferred items in-store over online purchases. It was also observed that consumers chose to spend more on better quality items than purchase cheaper items that will not last. The ‘Spain Apparel Consumer Insights Report’...
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Consumer Insights
NewItaly Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
Italy Apparel Consumer Insights Report Overview Many Italian consumers foresee financial hardships to continue, anticipating that the economy and personal finances will worsen over the next six months. Hence, more than 30% of Italian consumers expect to reduce their spending on clothing and accessories in the coming months. They wish to stick to their resolution by conducting price comparisons and shifting to cheaper brands. The ‘Italy Apparel Consumer Insights Report’ provides detailed insights into consumer sentiment among apparel shoppers in...
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Analyst Opinions
Sustainability and Ethics – Consumer TrendSights Analysis, 2023
Sustainability and Ethics - Consumer TrendSights Report Overview Sustainability and ethics is one of the eight mega-trends in GlobalData's TrendSights framework. The sustainability & ethics mega-trend consists of 8 more specific trends, which form the basis of consumer behavior. Environmental challenges such as climate change, deforestation, and increasing landfill waste are serving as a global wake-up call as societies gradually adapt to more sustainable patterns of consumption and production. The sustainability and ethics mega trend is mounting awareness and concern...
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Track & Monitor
Global Artificial Intelligence (AI) Trends in Pharmaceutical Manufacturing
Ai In Pharmaceutical Manufacturing Market Overview In GlobalData’s survey “Digital Transformation and Emerging Technology in the Healthcare Industry – 2023,” AI, followed by big data, was viewed as the most disruptive technology over the next two years. Incorporation of AI technologies in drug manufacturing can improve process controls, recognize early warning signals, and thus optimize production. Furthermore, AI can improve site planning, streamline production, and alleviate staff shortages. Key opinion leaders (KOLs) anticipate that their companies will soon use AI...