USA

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…

As the end of 2021 approaches, almost two years into the COVID-19 pandemic, the emergence and rapid spread of the Omicron coronavirus variant has increased uncertainty and weakened the momentum of the global recovery. This series of quarterly reports…