Home seclusion and the mandated closure of cafés and restaurants other than for delivery led to an increase in consumption of coffee and tea at home in 2020, and thus to an increase in retail volume and current value sales of packaged coffee and tea. Foodservice volume sales of hot drinks, on the contrary, were severely affected by the lockdown....
The global post-COVID-19 Retail POS market size is forecasted to grow from USD 15.8 billion in 2020 to USD 34.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9% during 2020–2026. The major growth drivers for the market include growing interest in non-cash transactions among consumers, increased data visibility through cloud...
The COVID-19 crisis has had a marked impact on hot drinks sales in the Russian market, leading to a downturn in volumes in 2020. The closure of foodservice outlets during the state of emergency existing between April and June and consumers’ reluctance to return to cafés, bars and restaurants when they reopened because of concerns about contracting...
The impact of the COVID-19 pandemic on sales of hot drinks in Thailand during 2020 can be measured mainly in terms of the strong declines registered in on-trade sales and the substantial shift in consumption to the off-trade. Hot Drinks in Thailand report offers a comprehensive guide to the size and shape of the market at a national...
In 2020, in response to the pandemic, consumption of hot drinks has been somewhat impacted as the Uruguayan economy has continued to suffer as a result of COVID-19. The Uruguayan GDP is projected to downfall -3.0% in 2020 well over -5,2% decrease for the average of other Latin American countries, according to the estimates of the International...
The COVID-19 pandemic had a very strong negative impact on on-trade sales of hot drinks in Vietnam during 2020. However, a major shift towards the off-trade was noted over the course of the year as retail sales growth accelerated sharply. The net result on total volume sales was a marginal decline on 2019 sales levels and this can be seen...
COVID-19 boosted sales of coffee, tea and other hot drinks through retail in the first half of 2020 as the country went into lockdown and consumers were confined to their homes. On the contrary, the lockdown measures negatively affected sales of coffee, tea and other hot drinks through the on-trade and institutional channels. Hot...
This study focuses on China’s Digital Cameras market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...
This study focuses on China’s Camcorders market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for...
This study focuses on China’s Speakers market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for...