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Anechoic Chamber Market Business Opportunities, Current Trends And Industry Analysis By 2033

Posted by Latest Market Trends on March 29, 2024 at 11:10am 0 Comments

The anechoic chamber market is experiencing explosive growth, with a projected valuation of US$6.64 billion by 2033. This significant expansion is fueled by a remarkable Compound Annual Growth Rate (CAGR) of 16.2%, building upon a market value of US$1.4 billion in 2023.



The growth of the anechoic chamber market is directly linked to the ever-increasing demand for rigorous electronic testing. As technology rapidly advances, strict testing protocols become essential to ensure the… Continue

Why Marketing Service for Small Business is Important

Posted by IRSLogics on March 29, 2024 at 10:59am 0 Comments

In the complex business world, small enterprises typically face unique issues. Making your firm stand out and attract customers in a congested market takes time and effort. This is why tiny businesses need marketing services. Good marketing is crucial for small business growth for

many reasons. Here, we discuss five essential points to demonstrate the

importance of marketing service for small…

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Wiseguy report's Blog – March 2021 Archive (340)

Global RTD Tea Market Segmentation, Demand and Supply 2021

In 2020, COVID-19 deepened the declining trend RTD tea was already experiencing during the review period. Off-trade negative growth rates increased, while the marginally positive on-trade volume performance in 2019 slumped into double-digit negative growth territory. More sceptical and health-aware consumers were already switching to healthier alternatives and novel aloe vera-based drinks, as health awareness increased even pre-pandemic. This trend was exacerbated as COVID-19 took hold, as…

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Added by wiseguy report on March 25, 2021 at 6:30am — No Comments

Global RTD Tea Market Segmentation, Demand and Supply 2021

After posting robust growth throughout the review period, RTD tea is poised to record a sharp decline in off-trade volume sales for 2020 as a whole. This is due to the economic devastation caused by COVID-19, which has depressed purchasing power and led many consumers to curb spending on non-essentials. RTD tea has been more exposed to increased budget-consciousness among Brazilians than categories such as carbonates and juice, partly due to comparatively high unit prices but also because…

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Added by wiseguy report on March 25, 2021 at 6:26am — No Comments

Global RTD Tea Market Segmentation, Demand and Supply 2021

Overall off-trade volume sales of RTD tea rose by 3% in 2020, as did both still RTD tea and carbonated RTD tea and kombucha – slightly higher rises than in 2019. 2020’s current value growth also represented a small improvement on 2019’s rates. Conversely, sales in the on trade fell, with an overall drop in volume sales of 15% (compared to a 1% rise in 2019). Carbonated RTD tea and kombucha fell by 16%, while still RTD tea declined by 15%. The overall decline in on-trade current value sales…

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Added by wiseguy report on March 25, 2021 at 6:23am — No Comments

Global RTD Tea Market Segmentation, Demand and Supply 2021

Overall off-trade volume sales of RTD tea rose by 3% in 2020, as did both still RTD tea and carbonated RTD tea and kombucha – slightly higher rises than in 2019. 2020’s current value growth also represented a small improvement on 2019’s rates. Conversely, sales in the on trade fell, with an overall drop in volume sales of 15% (compared to a 1% rise in 2019). Carbonated RTD tea and kombucha fell by 16%, while still RTD tea declined by 15%. The overall decline in on-trade current value sales…

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Added by wiseguy report on March 25, 2021 at 6:22am — No Comments

Global RTD Tea Market Segmentation, Demand and Supply 2021

RTD tea will show a decline in off-trade volumes in 2020, as well as heavy volume losses in the on-trade. Consumers have been quarantined for much of 2020, and then switched in large numbers to working from home. As a result, they have bought more traditional green and black tea in the off-trade, rather than RTD tea. RTD tea is less compatible with home consumption, and is also generally more expensive.

ALSO READ :…

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Added by wiseguy report on March 25, 2021 at 6:18am — No Comments

Global RTD Tea Market Segmentation, Demand and Supply 2021

RTD tea volume sales fell at a double digit rate in 2020 as a result of the impact of COVID-19 lockdown measures, with many cash strapped Argentinians shifting towards cheaper alternatives. The ongoing economic crisis has lowered spending on non-essential items, with most consumers focusing on basic essentials. This placed considerable pressure on demand for RTD tea, which is seen as a premium beverage. Meanwhile, foodservice sales plummeted due to a massive decline in consumption occasions…

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Added by wiseguy report on March 25, 2021 at 6:15am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

Although total volume sales of RTD coffee continued to increase from a low base in Vietnam during 2020, growth rates in the category were much slower than what was recorded during 2018 or 2019. In particular, on-trade sales drop substantially over the course of the year, dragging total volume growth down as retail volume growth accelerated. The reason for the emergence of these sales trends was the huge impact of the COVID-19 pandemic on Vietnam’s society and economy. One of the major…

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Added by wiseguy report on March 25, 2021 at 6:11am — No Comments

Global RTD Coffee Market Audience, Geographies and Key Players 2021

RTD coffee has seen a slight total volume decline in 2020, due to COVID-19. Although the off-trade channel has continued to see growth, it is at a lower level than in any other year of the review period, as this channel relies heavily on on-the-go occasions. These were greatly reduced as Americans practiced social distancing and abided by shelter-in-place orders implemented to limit the spread of the virus, leading to lower footfall in impulse distribution channels. Most off-trade sales of…

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Added by wiseguy report on March 25, 2021 at 6:06am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

Robust sales growth has been seen in RTD coffee in the Philippines since the 2016 introduction of Kopiko 78C. However, sales growth in the category slowed down significantly during 2020 as the leading players faced their first real challenges since the launch of the category in the country. The main reason for the difficulties encountered in RTD coffee during 2020 was the dramatic decline seen in on-the-go consumption opportunities due to the strict adherence to the principles of social…

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Added by wiseguy report on March 25, 2021 at 6:03am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

While RTD coffee was a niche category in 2015, it has now become much more mainstream. Although the Netherlands has an established coffee-drinking culture, RTD coffee manufacturers have tended to target younger consumers who do not drink as much coffee as their older counterparts. they have therefore relied on the products’ sweet taste and creamy texture rather than the familiarity of the coffee flavour to generate consumers’ interest in cold versions, particularly in the context of…

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Added by wiseguy report on March 25, 2021 at 6:01am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

RTD coffee has seen the strongest off-trade growth in soft drinks in the Spanish market in 2020. Growth has been supported by the expansion of the product offer by both domestic players such as Ethics Coffee, Madre Monte and Cafés Baqué, and international manufacturers, such as Nestlé, PepsiCo and Illy, which offers a bag-in-box which requires barmen to complete the preparation. These players are building on Spain’s strong coffee drinking culture, which provides a significant potential…

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Added by wiseguy report on March 25, 2021 at 5:56am — No Comments

Global RTD Coffee Market Audience, Geographies and Key Players 2021

After seeing strong total volume growth during most of the review period, RTD coffee has seen only a negligible increase in 2020. The lockdown measures from March onwards which aimed to prevent the spread of COVID-19 resulted in a tough year for impulse-driven products, such as RTD coffee. As a significant share of consumption usually happens in on-trade outlets, the closure of restaurants and cafés prevented consumers from maintaining this habit. The sharp drop in on-trade volume and…

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Added by wiseguy report on March 25, 2021 at 5:54am — No Comments

Global RTD Coffee Market Audience, Geographies and Key Players 2021

After seeing strong total volume growth during most of the review period, RTD coffee has seen only a negligible increase in 2020. The lockdown measures from March onwards which aimed to prevent the spread of COVID-19 resulted in a tough year for impulse-driven products, such as RTD coffee. As a significant share of consumption usually happens in on-trade outlets, the closure of restaurants and cafés prevented consumers from maintaining this habit. The sharp drop in on-trade volume and…

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Added by wiseguy report on March 25, 2021 at 5:53am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

While foodservice closures limited sales of RTD coffee from on-trade outlets, RTD coffee products remained available to buy in essential grocery retailers across Mexico. However, due to consumers increased price-sensitivity, with many losing jobs and out of work, many consumers were focused on necessary and essential items when doing their shopping. As such, sales of RTD coffee suffered, as the product is not deemed as essential by consumers. As more people stayed at home during COVID-19, it…

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Added by wiseguy report on March 25, 2021 at 5:49am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

RTD coffee has only slightly declined in total volume sales terms in 2020 despite the operating challenges that arose from the advent of COVID-19. Sales have still risen slightly in the large retail channel for RTD coffee, countering the huge fall in the on-trade, which only generates a very small percentage of total volumes.

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Added by wiseguy report on March 25, 2021 at 5:48am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

The core consumer base for RTD coffee has historically been comprised of middle-aged men. These consumers typically buy RTD coffee in small metal beverage cans (180-190g) from vending machines which they then drink during their break time at work whilst smoking. The small size of these products makes them an ideal refreshment and pick-me-up during short breaks. Nevertheless, the consumer base for RTD coffee had already been shrinking even prior to COVID-19 with consumers becoming more…

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Added by wiseguy report on March 25, 2021 at 4:47am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

Like other coffee categories, RTD coffee consumers increasingly used e-commerce channels during the lockdown to source their favourite product, with sales via online channels jumping significantly compared to previous years as consumers chose to stay indoors and not risk spreading the virus. Online subscriptions to niche RTD coffee manufacturers, as well as to the larger brands continue to gain in popularity, leading to growth in internet retailing sales.…

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Added by wiseguy report on March 25, 2021 at 4:44am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

The government’s PSBB measures (large-scale social restrictions and social distancing interventions) between April and July resulted in a decrease in the number of visitors to modern grocery retailers, such as convenience stores. This in turn led to a considerable loss of momentum for RTD coffee in Indonesia given the high contribution of modern grocery retailers to this category. Prior to COVID-19, RTD coffee volume sales had averaged double-digit growth throughout the review period.…

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Added by wiseguy report on March 25, 2021 at 4:41am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

Following strong off-trade volume and current value growth, albeit from a low sales base, RTD coffee is projected to see a decline over 2020 as a whole. The measures taken from March 2020 to stem the spread of COVID-19 in the country hurt the development of the category. Sales slumped through 2020 as RTD coffee is an on-the-go drink that relies on impulse shoppers and convenience channels like forecourt retailers. Thus, the increasing number of consumers working from home and restrictions on…

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Added by wiseguy report on March 25, 2021 at 4:34am — No Comments

Global RTD Coffee Market Segmentation, Demand and Supply 2021

Following strong off-trade volume and current value growth, albeit from a low sales base, RTD coffee is projected to see a decline over 2020 as a whole. The measures taken from March 2020 to stem the spread of COVID-19 in the country hurt the development of the category. Sales slumped through 2020 as RTD coffee is an on-the-go drink that relies on impulse shoppers and convenience channels like forecourt retailers. Thus, the increasing number of consumers working from home and restrictions on…

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Added by wiseguy report on March 25, 2021 at 4:33am — No Comments

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