News

19 Feb 2025

Myntra launches Bengaluru's first in-house corporate Pickleball court

Pickleball, one of the fastest-growing sports globally, has witnessed a remarkable growth in popularity from 2019 to 2022, as highlighted in a recent Whitepaper. As per the latest reports by Bonafide Research, the pickleball market in India is expected to grow at over 26 per cent CAGR from 2024 to 2029.

A perfect blend of competitiveness, social engagement, and easy-to-learn techniques, Pickleball has emerged as a popular choice among both Millennials and Gen Z professionals seeking fun and engaging ways to stay active. With a diverse workforce, including one in every three employees being Gen Z, Myntra continues to shape its employee engagement opportunities that resonate with its dynamic and trend-forward employee base.

14 Feb 2025

The "2030 problem" weighs heavily on the real estate industry

 The global real estate market is in the midst of technological disruption. The rapid development of digital technology is dramatically transforming the global landscape of the real estate industry.

Investment in startups has exploded, especially in North America, a leading country in proptech, and unicorn companies are being born one after another. According to a survey by Bonafide Research, global investment in proptech is expected to reach US$34.59 billion in 2023, and is expected to continue to grow at a CAGR of 15.36% from 2024 to 2029, exceeding US$75 billion in 2029. 

7 Feb 2025

Mobilegoo: A Rising Startup in Bangalore's Second-Hand Smartphone and Laptop Market?

What if we say, there is a way to buy the latest smartphones and laptops at low prices? Buy
almost-new refurbished phones and open-box smartphones in Bangalore instead of new ones to get
better deals. In the coming years, the trend is likely to witness a considerable uptick for these
second-hand and refurbished phones and laptops.

Bonafide Research, in its research report, "India Refurbished Mobile Phone Market Overview, 2029,"
stated that the Indian refurbished mobile phone market is expected to grow by more than 8% from
2024 to 2029.

5 Feb 2025

Italy Market Research Report

Italy is a pivotal player in the global iGaming industry, with this market experiencing great growth from 2010 and projected at 2024, driven by rapid changes in technology and regulation and a change in the preferences of players. The Italian iGaming market has emerged with a strong regulated approach, which has contributed to the stability of this expanding sector. Licensing and enforcement were left to the national regulator, Agenzia delle Dogane e dei Monopoli, which should guarantee a safe and transparent environment for both operators and players alike.

Data and Sources:

  •   Bonafide Research: Italian mobile gaming market, growth trends and factors driving the market, smartphone affordability and esports popularity.

5 Feb 2025

Paperworld India begins on 23 January

This year, Paperworld India has seen growing participation from segments, such as educational toys, paper and paper products including sustainable paper brands. Similarly, the Corporate Gifts Show is experiencing growth in segments such as pharma packaging and gifting, customised gifting brands and bags and apparel. 

 

According to Bonafide Research, India's personalised gift market is projected to add USD 540 million by 2029, reflecting a strong culture for custom gifting. There is a renewed focus on eco-friendly products and sustainability. According to the Indian Retailers Association, 68% of urban consumers prefer eco-friendly gifts.

Paperworld India will present solutions from creative materials, paper products and green stationery to school, stationery and office supplies, from digital learning and teaching aids to classroom furnishings. Visitors may look forward to meeting publishers and associations, and many more. 

The Corporate Gifts Show will present customised and premium gifting products from brands like Kimirica, Loyka, Naseem Perfumes, Sapphire Chocolates and more, as well as various brands in advertising and promotional gifts, seasonal and festive gifting, health and wellness gifts, home decor and textile gifting, apparels and accessories, arts and crafts products, bags and luggage, confectionery and many more.

Raj Manek, executive director and board member, Messe Frankfurt Asia Holdings, said: “The show will spotlight the latest trends shaping the industry. Both the show segments are very dynamic and this year the exhibitors will present product trends emerging in their industries. Besides, there will be brands offering sustainable solutions.”

5 Feb 2025

Fake protein supplements: A hidden danger to India’s fitness fad

As Indians become increasingly health-conscious and place greater emphasis on their appearance, the country’s gym culture continues to grow. According to the International Health, Racquet & Sportsclub Association (IHRSA), the number of gym memberships in India reached 3.5 million in 2019.

The gym industry is projected to reach USD 2.5 billion by 2028 and alongside, the demand for supplements is also rising. According to the India Fitness Market Overview 2029 report published by Bonafide Research, the market is expected to surpass USD 1.65 billion between 2024 and 2029,  reflecting the growing health consciousness among people.

The surging demand has led to a rise in counterfeit protein supplements, making it increasingly difficult for consumers to distinguish between genuine and fake products, posing serious health risks. The incident regarding Singhal is just the tip of the iceberg.

The peer-reviewed medicine journal reveals, that around 70 pc of popular supplements sold in India contain incorrect protein information, with some also tainted by harmful contaminants such as pesticide residue and fungal aflatoxins.

According to Bharat Jain, owner of the online fitness platform Veggains, many brands fail to properly highlight their ingredients, leaving customers unable to identify potential allergens. This oversight can drastically affect their health.

“Many brands fail to clearly list their ingredients, making it hard for consumers to spot allergens. For instance, someone with lactose intolerance could unknowingly consume a protein supplement containing dairy, leading to gut issues, nausea, or other adverse reactions,” Jain tells Media India Group.

Meanwhile, the Indian Council of Medical Research (ICMR) has warned against the usage of protein supplements for building body mass, citing added sugars, non-caloric sweeteners, and artificial flavorings that can negate health benefits. Additionally, as per ICMR, high levels of branched-chain amino acids (BCAAs) in proteins can also increase the risk of non-communicable diseases among consumers.

16 Jan 2025

Paperworld India and Corporate Gifts Show 2025: Empowering India's Creative Journey in Stationery and Gifting

This year, Paperworld India has
seen growing participation from segments such as educational toys, paper and paper products including sustainable paper brands. Similarly, the Corporate Gifts Show is experiencing growth in segments such as pharma packaging & gifting, customised gifting brands and bags & apparels. Stationery, paper and paper products and corporate gifting segment, are a
few amongst the most dynamic industries in India: Given its creative potential to continuously develop new and attractive products and the advantage of customisation, drive the demand.

According to Bonafide Research, India's personalised gift market is projected to add USD 540 million by 2029, reflecting a strong culture for custom gifting. There is a renewed focus on eco-friendly products and sustainability. According to the Indian Retailers Association, 68% of urban consumersprefer eco-friendly gifts.

3 Jan 2025

Global Organic Food & Beverage Market to Grow

Bonafide Research reports that the surge in demand for clean-label food and beverage products is expected to be a significant driver for the growth of the organic food and beverage industry. The rise in health consciousness among consumers increases the demand for sustainable food and beverages. By choosing organic products, consumers support sustainable agricultural practices that promote biodiversity, soil conservation and the preservation of ecosystems.
One such trend is the rise of "farm-to-table" and "farm-to-glass" practices, emphasizing the traceability and freshness of organic ingredients. Consumers are increasingly seeking local, organic produce and artisanal products that connect them to the origins of their food and drinks. The organic market has witnessed significant innovation and product diversification.

19 Dec 2024

How The Indus Valley Is Redefining Safe Cookware For Health-Conscious Consumers

At the height of the pandemic, people had little option but to eat at home, and everything related to food items, cookware, or kitchenware underwent a thorough health and safety check by shoppers. The market for safe and durable cookware (instead of what’s commonplace and convenient) has gotten a kickstart since then, and India has been no exception. According to Bonafide Research, Indian consumers are keen to invest in high-quality cookware, and the domestic market is estimated to grow at more than 7% CAGR between 2023 and 2028.

Globally, the cookware market is projected to reach $42 Bn by 2032 from $31 Bn in 2023 at a CAGR of 3.5%, according to Global Market Insights. The report also underscores a rising demand for cookware made from sustainable and eco-friendly materials like cast iron, recycled aluminium and responsibly sourced wood. 

19 Dec 2024

What’s Next for the Whisky Market?

Whisky is enjoying a remarkable surge in popularity. According to the Global Whisky Market Overview 2023-28 report by Bonafide Research, the whisky market is projected to hit $127 billion by 2028. Given this upward trajectory, it’s no surprise that Whisky Live Paris 2024 showcased some exciting new trends. 

At this year’s show, enthusiasts and industry professionals were immersed in a dynamic display of the world's finest whiskies. While the event is always a celebration of tradition and craftsmanship, it also acts as a key indicator for future market trends. Here are four emerging trends our Barfliers identified to watch for in 2025 and beyond. 

19 Dec 2024

Manufacturing Better British Batteries

There is a surging demand for batteries to meet electrification needs, including grid flexibility and the use of distributed energy resources (DERs). The Europe Battery Market Outlook 2027 report by Bonafide Research projects a significant market increase of approximately $28 billion between 2016 and 2027. The growing demand is driven by several factors:

Clean Energy Transition: Batteries are crucial for adopting electric vehicles and renewable energy storage, supporting cleaner energy systems.
Climate Change Goals: Advancements in battery technology help reduce carbon emissions, supporting global efforts to combat climate change and achieve net-zero goals.
Energy Security: Domestic battery manufacturing enhances energy security by reducing reliance on imports.
Economic Growth and Jobs: Developing battery technologies creates economic growth and job opportunities.

19 Dec 2024

Dia Trend has established a system for same-day delivery of optical fiber. Starting with 1,178 varieties.

With the advancement of digital transformation (DX) and the spread of AI, the amount of data handled every day is huge, and the demand for fiber optic cables is increasing. In fact, according to the Bonafide Research report "Japan Fiber Optic Cable Market Overview, 2028," the number of fiber optic cables added in Japan by 2028 is expected to reach more than 764 million. In order to meet this growing demand, we have established a same-day shipping system, especially for single-mode fiber (SMF), which is commonly used in the Japanese market.

19 Dec 2024

Smart building technologies reshape global property market

According to the research report, "Global Smart Buildings Market Outlook, 2029" published by Bonafide Research, the market is anticipated to cross US$165 Billion by 2029, increasing from US$91.19 Billion in 2023. The market is expected to grow with 10.80 percent CAGR by 2024-29.  Intelligent climate control, personalized lighting, and optimal indoor air quality create a healthier and more comfortable environment for occupants. By adapting to individual preferences and behavior patterns, smart buildings promote productivity and satisfaction. 

Through data-driven insights and automated control, smart buildings minimize energy waste and reduce operational costs. By optimizing resource usage and harnessing renewable energy sources, these structures contribute to sustainability goals and carbon footprint reduction. 

19 Dec 2024

Rapidly increasing demand for wires, cables and pipes

In 2023, more than 26 million passenger cars, almost a third of global production, were produced in China by domestic and foreign manufacturers. The Chinese automotive industry is expected to experience further strong growth in 2024.
Due to their cost-effectiveness, durability, corrosion resistance and relatively low weight, pipes made of plastics such as PE and especially PVC are becoming increasingly important. Market research company Bonafide Research values ​​the Chinese plastic pipe market at USD 14.2 billion in 2022 and expects it to grow at a growth rate (CAGR) of 4.2% to USD 19 billion in 2028.

22 Aug 2024

Ambev S.A. (ABEV): Did This Long-term Penny Stock Receive a Good Rating from Analysts?

According to the Brazil Beer Market Overview, 2028 report by Bonafide Research, the Brazilian beer market is expected to grow at a compound annual growth rate (CAGR) exceeding 4.83% from 2023 to 2028. The growth forecast presents significant opportunities for Ambev S.A. to enhance its market share and profitability.

22 Aug 2024

"Huawei Watch Fit 3" is a watch with an exclusive design for skateboarding enthusiasts

According to Bonafide Research, a market research and consulting company, skateboarding is the sixth most popular sport in the world, and as many as 23,000 can be found in different countries. skate parks.

22 Aug 2024

Global Whisky Forecast Projects Continued Growth

The global whisky category is forecast to increase in value by $88.85 billion by 2028, the Global Whisky Market Overview, 2023-28, by Bonafide Research reported. According to its research, the sector is on track to reach $127.53 billion by 2028, a compound annual growth rate increase of 6.34% since 2022, with Asia-Pacific noted as a prominent region for the category’s consumption growth. 

22 Aug 2024

Technology Integration in UAE Real Estate: Emerging Trends and Investment Opportunities

Using IoT sensors and smart technologies to minimize energy usage, improve security, and increase resident comfort, the UAE is leading the way in the development of smart buildings. As per Bonafide Research, IoT-based devices help to regulate several facets of the operational efficiency of buildings, HVAC systems, and lighting in the UAE. This integration of smart technology helps to create a smarter urban environment and fits UAE’s vision of a tech-driven future.

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