Consumer, Food, & Retail Industry

Explore the booming global pet tech industry, driven by pet owners' desire to humanize their furry companions with cutting-edge monitoring devices, GPS trackers, and innovative health solutions.

The global government education market was valued at $558.49 billion in 2023 and is forecast to grow at a compound annual growth rate (CAGR) of 17.8% between 2024          and 2030.

Discover the vibrant landscape of the global real estate market in 2024, boasting a robust growth trajectory with revenues surging from $4.02 trillion in 2023 to $4.31 trillion.

Explore the dynamic landscape of the global consumer food and retail industry in 2024, where the market boasts a staggering revenue of $10.07 trillion, projected to grow at a robust 6.53% annually through 2028.

By 2027, the e-commerce market forecasts a volume of $6.35 trillion by demonstrating a compound annual growth rate (CAGR) of 11.51%.

dishwashers, refrigerators, freezers, water heaters, kitchen stoves, and induction cookers. Values in this market are the value of goods sold by the manufacturers or creators of the goods or directly to end customers. Additionally, the value of goods in this sector includes related services sold by the products' creators. Historically, the market has been referred to as white goods because the products were made of white, enamel-coated materials. However, today, "white goods" are available in various colors.

Benchmark International is proud to have been honored with two new M&A Atlas Awards from the Global M&A Network:

Higher education institutions have been facing a watershed moment. Flagship universities and brand-name colleges are still drawing enrollees. But the number of colleges that have closed in the last decade (~200) has quadrupled over the previous decade. This is why mergers and acquisitions in higher education are becoming more commonplace than ever. In fact, in the last four years, there have been 95 college mergers—a 21% increase over the 78 that took place in the 18 years prior. Most of these mergers (40%) are being executed within private and nonprofit schools, and most deals involve schools in the same state with student bodies under 5,000. It is the less prestigious schools that are struggling the most. 

eSports is a form of video-game-based competition that has seen significant revenue and viewership growth in recent years. Much of the revenue is coming from advertising dollars from brands, such as ads shown during live streams on online platforms, video-on-demand content of matches, or on eSports TV. And competitive gaming is becoming more mainstream than ever. 

The Retail IndustryNow that we seem to finally be closing in on the end of the COVID-19 pandemic, 2022 is likely to continue to see overall growth in the retail sector, but not without its share of challenges. Many industries are still not caught up with supply chain issues. 2021 brought new consumer demand surges while manufacturing capacities couldn’t keep pace. Nevertheless, the supply chain congestion has begun to wane and even normalized in some industries while others are still backed up. This is due to geographical circumstances, issues with unloading shipping containers in ports, and a shortage of truck drivers. Many experts believe that 2022 will be the year of the “retail reset,” while others do not think that an utterly standard supply chain will fully return this year. The pandemic has changed consumer demands as their daily routines change. For example, more people started working from home, which meant spending more on comfortable leisurewear and home technologies and less on business attire. And while the remote work economy is expected to continue, so is the online shopping boom. There is also a combination of less financial assistance and rising inflation that is hurting spending. For example, retail survived the worst of the pandemic because consumers were receiving help such as federal stimulus money and unemployment support. But that aid has been pulled back at the same time that inflation is up. This means less money for discretionary retail spending as consumers are unsure of what the future holds. With all of these changes, retailers are still unsure when making commitments. As a result, inventory remains a difficult path to navigate. Many companies are turning to new technology solutions to help them better manage inventory in real-time. As a result, physical stores may become smaller, offering fewer options and quantities.