It was another record year for the direct selling industry, which garnered $192.9 billion (constant U.S. dollars) in estimated retail sales globally in 2018—a 1.2 percent increase over 2017—and produced 24 Billion Dollar Markets, according to research by the World Federation of Direct Selling Associations (WFDSA), its partner DSAs and direct selling companies around the […]
Millennials, who currently account for approximately 27 percent of the global population, are driving the growth of the digital payment market. According to FinancialBuzz.com, a financial news portal, payments by cash are slowly fading as the emergence of digital, or cashless payment options, are quickly being adopted by consumers. Technology is heavily integrated into the […]
According to the recently released “Global Dietary Supplements Market – Growth, Trends, and Forecast (2018-2023)” report by ResearchAndMarkets.com, the global dietary supplements market was valued at $96 billion in 2017, and it is expected to grow at a CAGR of 6.9 percent during the forecast period. The dietary supplements market is primarily driven by the paradigm shift toward […]
Direct sellers with anti-aging products can expect to see continued growth over the next six years according to a new report from ResearchAndMarkets.com. The market research store today released “Anti-Aging Product Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024,” a study on the anti-aging product market that covers analysis of the leading […]
USANA, a Salt Lake City, Utah-based cellular nutrition company, has announced its upcoming European expansion. On June 20, 2018, the company will open in Romania, Germany, Italy and Spain, increasing its global footprint from 20 to 24 markets worldwide. “Further expansion of USANA in Europe broadens our international reach, and we couldn’t be more excited,” said USANA CEO Kevin […]
Grand View Research Inc., a U.S.-based market research and consulting company, released a new report stating the global organic personal-care market size is expected to reach $25.1 billion by 2025, exhibiting a 9.5 percent CAGR during the forecast period. Growing demand for organic and natural hair-care, skincare and cosmetic products is expected to augment market growth over […]
Sustained Growth Expands Global Direct Sales $25.7 Billion In 4 Years While direct selling is a niche channel for distributing goods and services, each year more and more companies are discovering the power that can be unleashed through an independent salesforce tapping into personal networks. Where door-to-door sales and in-home parties fueled the growth in […]