Velox Consultants predicts that the EV battery recycling industry will witness substantial expansion. The sector is expected to grow from $0.81 billion in 2021 to more than $10 billion by 2030, representing a compound annual growth rate of around 29% over the next ten years.
India's cloud kitchen industry is set to surpass US$1 billion by the end of 2022. Indians order food significantly less frequently than other countries, with an average of 5-7 times per month compared to China (23), the US (30+), and Singapore (45-50).
The future of disruptive marketing in consumer packaged goods seems to have not received much attention lately. Nevertheless, businesses must start taking action today.
Household and Personal Care comprise 50% of the market, followed by Haircare at 23% and Food and Beverages at 19%. India's online users are projected to reach 850 million by 2025, and the retail market is expected to reach US$1.1 trillion by 2020.