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2024-01-17 10:58:11 -

Consumer Product And Retail Market To Gain Traction With Rising Urbanization And Smart Technology

Market Dynamics: One of the major drivers for the growth of the consumer product and retail market is rising urbanization. According to data, over 68% of the projected global population of 9.8 billion people is expected to live in urban areas by 2050 resulting in burgeoning demand for consumer goods. Moreover, increasing disposable incomes combined with easy access to credit has fueled the...

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