NUREMBERG, Germany, 2024 looks like a better year than 2023 for the global Consumer Tech and Durables (TandD) market. Inflation rates are easing, consumer confidence is rising, summer bookings are returning to pre-pandemic levels, and major sporting events such as the Paris Olympics and the European Football Championship in Germany are triggering demand. At the mid-year point, most TandD segments are showing steady growth, and the market overall is slowly recovering, albeit still in negative territory. From January to June 2024, the global TandD market recorded a slight decrease in revenue of minus 0.6 percent to 395 billion US-dollars compared to the same period last year, and NIQ-GfK experts are forecasting that the trend will continue, with stable revenue of minus 0.1 percent for the full year 2024. Source: BERNAMA News Agency
Global Tech And Durables Market In Recovery Mode
Search
Recent Posts
Typhoon Queenie Intensifies, Rains Expected Over Visayas and Mindanao
September 27, 2026
Bicol’s Traditional ‘Pinukpok’ Fabric Gains Popularity in Fashion Industry
September 23, 2026
LTO Issues Show Cause Order to TV Host Over Traffic Violations
September 23, 2026
Senate Maintains Two-Thirds Vote Requirement in Duterte Impeachment Trial
September 23, 2026
- - General
Global Tech And Durables Market In Recovery Mode
Marcos Declares Special Holidays in Five Philippine Municipalities
September 27, 2026
Typhoon Queenie Intensifies, Rains Expected Over Visayas and Mindanao
September 27, 2026
Bicol’s Traditional ‘Pinukpok’ Fabric Gains Popularity in Fashion Industry
September 23, 2026
LTO Issues Show Cause Order to TV Host Over Traffic Violations
September 23, 2026
Advertisement