Several categories in the global consumer tech and durables (T&D) market are recording record growth as travel booms in the Northern Hemisphere summer, according to GfK.
Products used during travel and outdoor activities, such as headphones, cameras and barbecues, along with innovative and premium products, are continuing to outperform the sector average.
“Despite several ongoing global challenges, the global T&D market is finally starting to recover”, says Nevin Francis, GfK’s insights expert for the T&D industry. “Rising temperatures and the European Football Championship got consumers into the party mood.
“Draught systems and party speakers, for example, showed above-average growth in some countries, while…
