USA

In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…

2022 experienced rising demand for food storage items in current value terms, including bread bins and storage jars. Similarly, there was a current value increase in sales of kitchen utensils, including kitchen knives and cooking spoons. This was…

In 2022, Eli Home Products introduced the first-ever showroom for Hempwood interiors, including furniture, flooring, cabinets, and vanities in the US, aimed at customers who prioritise eco-friendly home décor. Hempwood flooring is made from a…

2022 witnessed demand for home office furniture decline in the US even in current value terms, as high inflation discouraged middle-income consumers from buying such products. In addition, the waning popularity of remote working and the relaxation of…

In 2022, the US saw a decline in consumer confidence, which was attributed to a surge in inflation caused by increases in energy prices due to the 2022 Russian invasion of Ukraine. This, coupled with lingering COVID-19 supply chain issues, kept food…