Latest Event Updates
From way back, it is considered as one of the favorite hobbies of the women to flaunt in front of their friends and neighbors, of the new things which they bought, the brand they preferred, the price they paid for the same. But today, shopping has become popular among the men, too. Be it outfits, gadgets, accessories or anything else, the men who used to get bored while their female partners shop; are completely involved in the practice. The reason being, the convenience brought through Home-shopping. We rightly know that, as the standards of living of the people has increased along with their incomes; they prefer shopping in malls. In fact the brands have got their prestige in the minds of the people now. But still some instinct of the traditional behavior is deep-rooted in the minds of the people, whereby, people feel good to get maximum discounts, options to shop at their convenience, etc.
This is where; the Home-shopping, which can be better, understood also by the term ‘e-commerce’; comes into the picture. Home-shopping is gaining its significance in the market due to the various characteristics it has. The first and the foremost one is that, it gives the people, the option to shop at any time of their convenience by sitting in their home comfortably. The people can use this advantage to the fullest and order the products at anytime. Home-shopping, many-a-times gives maximum discounts, as it brings the product to the customer directly, eliminating all the middlemen. Cash on Delivery (COD), pay the price in EMIs, free gifts, etc. are the driving forces behind the popularity of Home-shopping.
What researchers say is that, the key driving force behind the growth of the Home-shopping market is the ‘e-commerce sector’, which continued to increase at a speedy rate in recent years. The Internet sales rose by an estimated 35.9% over the past 5 years. On the contrary, due to bigger competition from e-commerce retailers and limited marketing budgets during the recession, both direct marketing and general mail orders observed a drop during the review period.
The UK now has the leading e-commerce market in Europe and, worldwide, it is second just to the US. This growth has also been driven by a rising number of people looking for engaging events that can be organized in their own home at a comparatively cheap cost, in an effort to save money for going out during the economic recession. Also, the rising purchase of Internet-connected devices, such as tablet computers and smart-phones, has led to an increasing figure of people purchasing products via their mobile devices while on the move.
While, the general mail order sector is anticipated to continue its decline, the direct marketing sector should view some growth subsequent to the stabilization of the economy and increasing marketing budgets. Characterized by the boost in the uptake of mobile devices and the rising number of companies in a quest to gain a grip within this area of the industry, the utmost growth will of course be observed in the e-commerce sector, which is estimated to see double-digit growth annually between 2012 and 2016, which ultimately will lead to the growth of the Home-shopping market in the long-run.
Summer and rainy season brings along with it, a most common problem amongst the people that is sweating. Sweating is led by the perspiration of the body which is inescapable and in return it gives out a strong odor. Sweating is a method which causes our body to cool down faster. There are about 2.6 million sweat glands present in an average human being. The discovery of deodorants and antiperspirants helped the human beings to mask their body odor. Everyone has a misconception that both deodorant and antiperspirants are the same but the answer to this question is NO. There is a very marginal difference between the two.
Antiperspirants are made up of a chemical compound which contains fragrance, that obstructs the pores in the armpits to release the sweat, and no sweat means no odor.
Often healthcare professionals suggest the use of deodorants over anti-perspirants because blocking the pores to prevent sweating might not be a good idea or a healthy choice. The consumption and sales of deos and antiperspirants has increased across the world. There are a number of products related to deodorants, present in the market like Sprays, Roll-Ons Creams, Stick & Solid, Gels and Wipes. According to a market research report, the deodorant market is projected to attain a figure of 12.6 billion dollars by the end of the year 2015. Europe and United States occupy a major part in the sales of deodorants universally. Major companies in the field of producing deodorant and antiperspirants are Colgate-Palmolive, Unilever Group, Procter & Gamble, Revlon Incorporated etc. Deodorants and Antiperspirants – US
Sugar is one of the essential elements of the Indian kitchen, be it parties or any guest coming home when something sweet is made sugar is used. The history of sugar can be traced from the Chinese manuscripts which told the fact that the use of it originated in India. In India around 4 million hectares of land is used for sugar cane cultivation which yields nearly 70 tons per hectare. Sugar processing industry began giving tax by the year 1930. Private sector played a major role in enlarging the sugar industry sector. Previously gur and khandasari were used as sweeteners but due to the higher living standards and increased income of people the demand for white sugar came into existence.
According to a market research report sugar industry endures a loss of Rs 1000 crore in the sugar season of 2012 to 2013 that is from October to September because of the expanding gap between the cost of sugar and sugarcane. In India, sugar prices are controlled by the Government of India and it basically depends upon demand and supply, the price of sugar has grown up 3 percent annually. The government has announced a 24 percent hike in the price of sugarcane and the price of sugar will hang around with an increase of 8 to 9 percent. The extent of sugar market is predicted to reach approximately 80,000 crores with twice increase in the size in the coming years. Sugar industry size in Brazil has attained the height of about 2.5 times than India. The revenue generated by the sugar producing companies is estimated to rise by 4 % reaching a value of US dollar 581 million, supplying annually approximately 2.7 million tonnes through public distribution system.
India is the largest consumer market for sugar, which is also self sufficient in terms of its production. Normally around 22 million tonnes of sugar is consumed yearly but it is expected to raise up to 21.5 million tonnes by the end of year 2013. According to Indian Sugar Mills Association, a market analysis report and forecast state that sugar consumption in India is ascending up to 31.3 million tons by the year 2020 to 2021.
Those days are gone when people used to post letters, send telegrams and money orders to distant places, stand in queues to buy tickets and pay bills. Mobile commerce also known as m-commerce is an electronic medium, mainly used to communicate, purchase, promote goods and services on a mobile device that is cell phones or tablets. Mobile commerce technologies have spread like an epidemic to all the sectors of the society because of its advantage of being wireless, handy, portable and saves time.
A market research report states that there will be an approximate 67.1 billion dollar purchase done by United States and European customers using a mobile device in the year 2015. It is estimated that the number of people using personal computers will subdue to the number of persons using tablets and by the year 2016 almost 450 million tablets will be annually purchased. More than 50 percent of the teenagers own smartphones with internet access pouring in revenues and generating traffic to electronic commerce sites. A consumer feels empowered, once they find out how to execute same activities like transferring funds, paying bills or ordering food from their phone rather than sitting in front of the desktop and doing the same. Online sales will boost to 9 percent and reach up to 24 billion dollars in 2013.
Mobile commerce industry enhanced because of social media networks which gave a greater mobile traffic so merchants started showing interest in developing mobile applications and websites. For example LBS (Location Based Service) is admired by the 28 percent of all mobile internet users, 20% of mobile users use their device as a virtual wallet.
The Global Automotive HVAC Systems market to grow at a Compounded Annual Growth rate CAGR)of 6.43 % over the period 2012-2016. One of the essential factors contributing to this sector growth is the growing Global Automotive Thermal System market. The Global Automotive HVAC Systems market has also been witnessing an increased adoption of automatic HVAC systems. However, the growing product complexity poses a challenge to the growth of this market.
The International Proteomics industry to grow at a Compound Annual Growth Rate (CAGR) of fourteen point forty three percent (14.43%) over the period 2012-16. One of the important aspects contributing to this sector development is the growing demand for personalized medicines. The International Proteomics market has also been witnessing a shift from genomics to proteomics. However, the intense competition among vendors could pose a challenge to the growth of this industry.