IO_Summer_23

DATA POINTS NUMBERS WORTH NOTING A global Consumer Goods & Services research and business-consulting firm, Maximize Market Research, published a market intelligence report on the Climbing Gears Market. Over the forecast period, Maximize Market research expects the market to grow from $1.40 billion in 2022 to $2.38 billion in 2029 at a compound annual growth rate of 7.9 percent. The Climbing Gears Market report provides a detailed segmentation based on type, end-use, distribution channel, and application, along with their sub-segments. The data were collected from primary and secondary research methods, and the data were analyzed through SWOT analysis, PESTLE analysis and PORTER’s five force model. The Climbing Gears Market is fueled by the rising interest in adventure sports. Private companies offer attractive services and deals in this field, contributing to its growth. According to the report, this market expected to grow because of increased safety features and the emergence of technically advanced, lightweight alloy gears. To get a sample of the report, go to this site https://www.maximizemarketresearch.com/request-sample/186965 A report on the beverage cooler market. The popularity of chilled beverages, including soft drinks, energy drinks, alcoholic beverages, and bottled water, is driving the demand for beverage coolers. Consumers prefer their beverages to be chilled, especially during hot weather or social gatherings. The beverage cooler market is experiencing growth because of the increasing number of retail stores globally. As most beverage purchases occur in retail stores, the demand for beverage coolers has surged. In 2021, the global retail industry witnessed an increase to 1.6 million retail outlets worldwide. As retail stores cater to the diverse needs of consumers, they require an adequate supply of beverage coolers to meet the rising demand for chilled beverages. As a result, retail stores need to offer a wide selection of cold beverages to meet consumer expectations. To get a sample of the report, go here https://www.maximizemarketresearch. com/request-sample/187631 The Dyrt, an app for camping information and booking, found that 23.8 percent of campers say they worked remotely while camping in 2022. That statistic is part of the 2023 Camping Report — but it was identical to the work-from-campsite stat from the prior year. "With return-to-the-office efforts across the country, one might have expected the work-from-campsite rate to decrease, but it stayed level," said Kevin Long, CEO of The Dyrt. "Work from campsite is here to stay. You can't put the toothpaste back in the tube, and you can't put a productive working camper back in the cubicle." Of the thousands of respondents who took part in the survey, 13.4 percent are categorized as avid campers, meaning they took more than 10 camping trips in 2022. That group was twice as likely to have worked from a campsite last year than other campers. The Merchants Payments Coalition site an agreement in Canada to lower credit card “swipe” fees shows the fees could be reduced in the United States as well. “If Visa and Mastercard can afford to reduce their swipe fees in Canada, there’s no reason they can’t do the same here,” MPC Executive Committee member and National Association of Convenience Stores General Counsel Doug Kantor said. “U.S. merchants and their customers pay twice as much as Canadians and seven times as much as Europeans. It doesn’t make sense that the country that invented the credit card and is home to the two largest card networks on the planet has the highest swipe fees in the industrialized world. It’s time for Congress to act and at least bring competition to U.S. swipe fees.” The Canadian Department of Finance announced a deal with Visa and Mastercard that lowers the average fee to process most in-store credit card transactions to an average 0.95 percent from the current 1.4 percent average. The move is expected to save Canadian merchants $1 billion over five years and “make credit card transactions fairer for small businesses,” the government. By comparison, swipe fees for Visa and Mastercard credit cards average 2.24 percent in the United States and can be as high as 4 percent. U.S. credit and debit card swipe fees have more than doubled over the past decade and soared 17 percent last year alone to a record $160.7 billion. Climbing Gears Market Expected to Reach $2.38b by 2029 Beverage Cooler Market to Increase, Study Says A Quarter of Campers Work from Campsite U.S. Merchants Look for Lower Swipe Fees 8 InsideOutdoor | SPRING/SUMMER 2023

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