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Euromonitor: US furniture sector's bankruptcies and layoffs due to high production costs and inflation are spurring companies to consider offshoring as a matter of survival; Pottery Barn, IKEA, La-Z-Boy among leading companies which have chosen this route

Euromonitor: Recommerce, the resale of pre-owned goods, has surged in recent years due to digitalization, sustainability, financial instability; consumer-to-consumer transactions remain most common recommerce model, but brands must seize this opportunity

Euromonitor: Consumer mindsets post-Covid are geared toward healthier foods, such as plant-based and gut-friendly options; companies should capitalize on trend with clean labels, multi-health claims, focus on women's health, mind-related health benefits

Euromonitor: US retail sales of concentrates saw unprecedented growth in 2022 and 2023 due to affordability and functional benefits, with sports and energy drink concentrates leading the charge; concentrates expected to top US$6B in retail sales by 2028

Euromonitor forecasts Asia-Pacific's e-commerce market to reach value of US$2.0T in 2024; to meet consumer demand, e-commerce players are leveraging technologies like augmented reality, IoT and generative AI to create more intuitive e-commerce experiences

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