The global market for Coffee Shops is
projected to reach US$237.6 billion by 2025, driven by the silent importance
and role by them in our society. Coffee is the second most popular beverage
after water. Not surprisingly coffee performs a very important social function
and plays a vital role in building social relationships. Since coffee consumption
transcends geographic and cultural boundaries, it widely considered as a social
lubricant helping people bond, communicate, build relationships and enjoy.
Given the pleasurable experience of coffee consumption, coffee shops have
become social places for people to handout, talk, write, read, and study. It provides
a cozy intimate living room atmosphere for causal customers reading a book; a
connected environment with free-Wi-Fi for busy customers on a laptop; a
cheerful environment for socializing friends; offers a romantic environment for
dating couples. Coffee shops have therefore become icons
of urban neighborhoods. They create vibrant streetscapes and produce huge
pedestrian activity. They have high customer footfall and are highly profitable.
They play an important role in community development by encouraging increased
social activity. Read More…
The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022
Rise of Surfing as a Lifestyle Sport Among all Age Groups Drives the Global Surfing Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Surfing market. The global market for Surfing is projected to reach US$9.5 billion by 2022 , driven by the growing interest in surfing both as a leisure and sporting activity, increased accessibility to surfing through surf parks and surf pools and technology innovations focused on developing sophisticated surf-wear and surf-gear. Surfing is a surface water sport where a participant riding a board (the surfboard) is carried away by a breaking wave. The surfing industry continues to evolve, driven by sustained efforts of s...
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