News

8 Nov 2023

Government planning electric vehicle charging kiosks at 69,000 petrol pumps

According to Bonafide Research : Global Electric Vehicle Market is Expected to grow a market of USD 400 Billion by 2025.

8 Nov 2023

Indian electric rickshaw market could hit US$1.4 billion by 2025

According to Bonafide Research : Global Electric Vehicle Market is Expected to grow a market of USD 400 Billion by 2025.

8 Nov 2023

In The Digital Age: Parents In Dubai Are Playing This New Game To Get Closer To Kids

The city is making all possible efforts to capitalise on impressive growth of the gaming industry and if projections are to be believed the gaming industry could soon bring massive investments to the already established tech hub of the Middle East. According to a research recently published by a Gujarat based market research firm, Bonafide Research, The gaming industry in Dubai is experiencing significant growth. It is a part of the larger UAE market, which is likely to grow up to $17.28 million by 2028. The game, available for iOS and Android devices, was initially developed as a physical board game. It was later transformed into a comprehensive mobile game with the assistance of Dubai Police?s Artificial Intelligence (AI) team. To date, Dubai Police have developed nearly 80 games of this nature, with ?My Child My Friend? being their latest offering. ?My Child My Friend? is available in two modes: Split Screen and Online. It bears resemblance to the popular game of Ludo and features a game board with 1 to 30 boxes. Players need to roll the dice and move their character along the designated path based on the number shown on the dice.

8 Nov 2023

How Hotels Are Pulling Out All Stops for Pet Parents

India?s pet care market is expected to grow to Rs 7,500 crore by the end of 2026, on account of rising nuclear families, double-income households, change in lifestyle, urbanisation, and increasing pet ownership, according to a report by Bonafide Research. Nearly all these are reasons for more people travelling with their pets. Nuclear families mean there are fewer options to leave pets behind. Also, the pandemic resulted in more people undertaking driving holidays, making it that much easier to travel with pets. ?There has been an exponential increase in the number of pet families that have been checking in, particularly in the past couple of years. One of the impacts of the pandemic is that there was a huge increase in the number of people taking road trips, which then allowed a lot of families to travel with their pets, and hence look for pet-friendly accommodation,? says a spokesperson from Lemon Tree Hotels; the chain has three pet-friendly hotels in Coorg, Goa, and Manesar. While ITC Hotels launched their ?Petcaytion? initiative a few years ago, they too have seen an increase in demand post the pandemic. ?Post the pandemic, many travellers are seeking destinations that allow pet stays. Everyone wants to enjoy a vacation and the pleasure of having their pets with them really multiplies their joy, besides giving them worry-free stays that they may not have experienced earlier leaving their pets at home,? says Anil Chadha, Divisional Chief Executive-ITC Hotels. Welcomhotels at leisure destinations such as Amritsar, Shimla and Jodhpur are pet friendly, along with ITC Grand Goa, ITC Chola (Chennai), ITC Grand Bharat (Manesar) and ITC Rajputana (Jaipur). Ensuring that your stay is completely worry-free, ITC Hotels also provides a vet-on-call.

22 Feb 2025

Myntra Unveils Bengaluru's Premier In-House Corporate Pickleball Court

Pickleball, one of the fastest-growing sports worldwide, has surged in popularity, particularly from 2019 to 2022. According to recent findings by Bonafide Research, the pickleball market in India is projected to experience over 26% CAGR growth from 2024 to 2029. Combining competitiveness with social interaction and straightforward gameplay, pickleball has become a favored choice for millennials and Gen Z professionals eager for engaging ways to stay active. Myntra's workforce is notably young, with one in every three employees identifying as Gen Z, highlighting the company's focus on initiatives that resonate with its trend-conscious staff.

3 Jan 2024

Smart homes in Argentina, an expanding phenomenon growth

There are many more homes with the Internet, the generation gap in the use of mobile devices has been reduced and solutions such as video surveillance cameras for homes, smart locks, video access systems and other home devices, which are also easy to use, install and accessible in price, have entered the daily lives of Argentines .

According to the report "Argentina Smart Home Market Overview 2028", published by Bonafide Research, the Smart Homes market in Argentina was valued at more than 300 million dollars in 2022, and since the post-pandemic, experts predict an increase in the penetration of this technology in homes.

 

8 Nov 2023

Global Battery Market | The Overall Battery Market is expected to grow at a CAGR of over 8% during the forecasted period of 2021-2026 described in a new market report

The report title 'Global Battery Market Outlook, 2026' published by Bonafide Research gives a complete insight on the battery classified on basis of type (primary & secondary), technology (lead-acid, lithium-ion, nickel cadmium & nickel metal hydride), and application (automotive, industrial & portable). The overall battery market is expected to grow at a CAGR of over 8% during the forecasted period of 2021-26. Globally the secondary battery type has been an unbeatable market dominator. The number of people without access to electricity in the African region is to increase by over 600 million in 2030, despite efforts to boost electrification.

8 Nov 2023

The global Toy Market is expected to grow to reach over USD 130 Billion in 2025.

Bonafide Research in its report titled- "Global Toy Market Outlook , 2025", attempts at analyzing the global scenarios, trends, and patterns that are shaping up this USD 110.97 Billion market in 2019. The toy market globally has spread out pretty vastly with very different patterns and consumer behaviors across regions. Few underlying phenomena are observed globally but the regional traditional and cultural significance of toys remain unchanged. In this report, Bonafide Research has segmented the industry based on age category, by product, and by distribution channel through which the toys are made available to the consumers and has been studied in the context of the regions, major countries, and market leaders.

8 Nov 2023

The International Toy Box: A Deep Dive Into Latin America?s Toy Industry

Latin America (LATAM) is a flourishing region, and toymakers and distributors are discovering new ways to cater to the increased demand for toys in markets like Brazil and Mexico. According to Bonafide Research, the LATAM toy industry was worth $5 billion in 2021. Further research from The NPD Group indicates that arts and crafts, dolls, R/C, and ride-on toys have remained popular in the region. Fan events like Comic Con Experience (CCXP) and trade shows such as Abrin welcomed hundreds of thousands of visitors last year to experience the latest toys, games, and entertainment properties. While the market is growing, some regions still face economic hardships and retailers are using competitive pricing and well-recognized intellectual properties (IP) to engage consumers. NPD has found that American properties like Hot Wheels, Barbie, and Marvel?s Avengers dominate store shelves and playrooms throughout LATAM. However, there is a growing demand for smaller properties that come from digital influencers, Roblox, and streaming services.

8 Nov 2023

Africa ditches old bulbs in $5.5 billion LED boom

Africa?s demand for LED lighting is set to surge in the next five years, as governments promote the use of energy-efficient and environmentally-friendly bulbs. Retail stores predominantly serve as the principal distribution channels across East Africa. In South Africa, according to a report provided by Bonafide Research, the market is expected to add some US$1.24 billion in value by 2028. Lower LED prices, energy savings and increasing acceptance of LED lighting in various sectors such as industrial buildings are expected to drive the growth of the LED lighting market. Nigeria, meanwhile, is expected to save some US$2,47 billion in fluorescent lighting phase-out, by 2025.

8 Nov 2023

Petzzco: Offering Pet Parents a One-stop Solution for all Pet Care Necessities

The Indian pet care market is anticipated to grow at a CAGR of 19 percent by 2025, according to a Bonafide Research analysis. The expansion is being driven by the exponential increase in pet ownership, which has also given rise to a new generation of Indian entrepreneurs who have launched several marketplaces, as well as their own lines of pet care products under private labels. Despite the growth in this industry, businesses continue to face numerous challenges brought on by India's fast-expanding pet care market and Petzzco strives to address these challenges by attempting to develop the best solutions possible. Petzzco, established in 2021, seeks to improve the quality of pet care, covering aspects from Nativity to Fatality. "Petzzco's mission is to bring the pet community together and help them connect. To make a Pet-Parent's life peaceful and secure, we have developed a Pet Platform with advice from some of the industries titans. Every now and then, your furry friend needs a little tender love and care.

8 Nov 2023

Flat stomach ? sexy hips: What can shapeware do?

Figure-shaping underwear is trendy. Experts give tips on what to consider when buying so that women can enjoy the shapeware.

8 Nov 2023

The Canada Deodorant Market Is Expected To Grow With More Than 5% By 2022-27. X Herald

The culture of deodorant in Canada reflects a blend of personal grooming, hygiene awareness, and diverse consumer preferences. Canadians generally prioritize personal hygiene, and deodorants play a crucial role in their daily grooming routine. The majority of Canadians consider deodorant application a standard part of their morning or post-shower ritual. Also, the climate in Canada varies significantly across regions, with cold winters and hot summers. As a result, consumers often adjust their deodorant choices based on seasonal needs. During the warmer months, demand for long-lasting and sweat-resistant deodorants tends to increase. Dove, Degree, Secret, Old Spice, NIVEA, AXE, Native, Toms of Maine, Schmidt's, and Jason Natural are some popular deodorant brands in Canada.

8 Nov 2023

The Japan Crop Protection Chemicals Market Was Valued At More Than Usd 3 Billion In 2021. X Herald

Japan has a rich agricultural heritage and a long-standing commitment to technological advancements. Crop protection chemicals play a crucial role in sustaining the nation's agricultural productivity and safeguarding food security. These chemicals encompass various pesticides, herbicides, fungicides, and insecticides that protect crops from pests, diseases, and weed competition. However, their use has also raised concerns about environmental impact and human health. Striking a balance between agricultural innovation and environmental sustainability remains a top priority for Japan's crop protection industry. Japan, like many other countries, faces the challenge of balancing agricultural productivity with environmental conservation.

8 Nov 2023

Petcare D2C Startup Wiggles Raises $5.5 Mn To Create More ?Category-Creating? Products

Wiggles has launched many category-creating products like their Instant Pet Sanitizer and CannaPaw, a hemp-based pain relief oil. The startup had earlier raised $1 Mn in funding from angel investors. According to research published by Bonafide Research, the Indian pet care market is expected to reach INR 5,457 Cr by 2025, growing at a CAGR of 19% or more. Wiggles competes in this market alongside Heads Up For Tails, Supertails, Dogspot.in, Waggle.in, Doggie Dabbas, and others.

8 Nov 2023

German cheese: The best types to try

A Bonafide Research report from 2022 found that the most popular cheeses in Germany were actually ?foreign cheeses?, with mozzarella, Gouda and Emmental ranking in the top three. However, other local cheeses like Holsteiner Tilsiter, Allg?uer Bergk?se, Hirtenk?se, Bavaria Blu, Harzer, Allg?uer Emmentaler, Butterk?se, Cambozola and Limburger are also popular in Germany.

8 Nov 2023

4 lingerie brands that should be on your radar

Lingerie, a category that historically promoted unrealistic beauty standards, has slowly transformed into a space where all bodies are celebrated. And considering how far lingerie has come, it?s no surprise that the category is heating up. As consumers continue to push brands to become size and body inclusive and promote more positive messaging, those that aren?t able to keep up are inadvertently making way for new, modern brands. ?There is a misconception that you purchase lingerie for the benefit of someone who is lucky enough to see you in it, but it can be very empowering to wear lingerie for yourself. Wearing lingerie makes you feel more confident, boosts your mood and, hopefully, makes what you?re wearing on top look even better,? Jennifer Zuccarini founder and CEO of luxury lingerie brand Fleur du Mal told Glossy. According to research and marketing firm Bonafide Research, 2022 was a big year for the category. That was thanks to trends like consumers wearing lingerie as outerwear, as well as newcomer brands making a splash. Bonafide Research valued the global lingerie market at $79 billion and expects it to reach $114 billion by 2028. As Zuccarini explained, lingerie is no longer thought of as something you wear for someone else, which has opened up the category to exciting, new trends. For instance, Vivienne Westwood singlehandedly redefined the purpose of the corset, making it one of the most iconic fashion staples in the ?80s. And popstar Rihanna?s lingerie company, Savage x Fenty, disrupted the industry with its expansive and inclusive sizing and marketing.

8 Nov 2023

The Senior Zone: How the ?elderly? market in India is lucrative

The current Indian adult diaper market stands at Rs 350 crore and is expected to ?grow significantly due to increasing healthcare standards in the country?, as per consultancy Bonafide Research?s report, titled India Diapers Market 2021. Old is Gold has been the witness to massive demand pertaining to the issue. ?Consumables that include adult diapers, under pads, mobility aids and toilet aids constitute a bulk of our sales,? says Prithviraj.

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