Industry Intel

Craving some sweet facts? Snack on this special edition of Industry Intelligence's trending insights in honor of the Sweets & Snacks Expo being held in Chicago this week! #sweetsandsnacksexpo #sweetsandsnacks #marketinsights #marketintelligence

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Sustainable green tire sales projected to increase 9% year-on-year to US$202.0B in 2027; development priorities include reducing tire rolling resistance, lowering vehicle carbon impact, with trend most pronounced in commercial segment: report

SEMA reports 75% of specialty-equipment manufacturers, 68% of distributors, 53% of retailers report sales, consumer demand are above pre-pandemic levels; over half of surveyed companies expect sales to grow this year, 90%…

Gen X consumers seen having more pragmatic, preventive health approach to beauty, with focus on products for hair loss and anti-ageing, and purchases based on reviews and packaging; livestreaming has untapped potential…

North America hand sanitizer market forecast to exceed revenue of US$1.47B by 2026, with hygiene products demand skyrocketing amid pandemic; market boosted by new players such as breweries and distilleries, while distancing…

TrueCar expects April total new vehicle industry sales in US to drop 21% from a year ago to 1,247,917 units as retail deliveries fall 20% to 1,088,345 units; consumer demand remains high…

Consumer spending on home improvement products set to stabilize; CAGR in professional market for lumber will be 7.6% from 2022 to 2026, doors and moldings 7.5%, plywood/related products 7.2%, siding/exterior trim 6.4%:…

US chemical manufacturers report that transportation-related supply chain problems have gone from bad to worse in 2022, according to results of a follow-up survey released by ACC; problems span port and ocean…

US recovered 4.8 billion lbs. of post-consumer plastics for recycling in 2020, down 5.7% year-over-year on collection disruptions amid Covid pandemic; US recycling system needs more investment for access, processing, education, says…

China’s dominance in important EV supply chains, including nickel supply, could undermine EV transition in US; inadequate EV infrastructure, unstable raw material supply chains, low battery manufacturing capacity could disrupt US EV…

NAR report finds 50% of realtors were involved with a property with green/eco-friendly features in the past 12 months; 63% say promoting energy efficiency is valuable, 51% found clients were interested in…

Nine out of 10 Americans actively practiced self-care during the past year, while one-third increased self-care behaviors, according to wellness brand It Works; brand highlights its Lash and Brow Serum, Hydrating Facial…

North American framing dimension softwood lumber market appears to find supply-demand balance, but builders struggle with jump in mortgage rates, supply chain disruptions and NAHB/Wells Fargo Housing Market Index index drops to seven-month…

Share of prospective US buyers actively trying to find a home fell to pre-pandemic levels at 46% in Q1, down from peak of 61% in mid-2021; share of active buyers that spent…

Annual gains in US home improvement and maintenance spending projected to peak at 19.7% in Q3 before decreasing to 15.1% in Q1 2023; annual expenditures to expand to nearly US$450B by Q1…

KOA reports 46% of survey respondents said they are very or somewhat likely to purchase new RV in 2022, while 10% of RV owners would consider selling if gas prices remain high:…

Beauty product sales in mass market categories see year-over-year growth in Q1; skin care, hair care and color cosmetics all post gains, with notable percentage gains in eye combos, lip cosmetics, dry…

IG Prime study analyzes over 600 companies listed in the S&P 500 or FTSE 100 to determine carbon footprints; energy sector has highest carbon footprint, followed by the transport sector, while the…

Typical US home that went under contract in March was 1,720 sq. ft., down 1.8% year-over-year from 1,751 sq. ft.; homebuyers are turning back to condos, starting to value shared amenities, walkable…