According to Cognitive Market Research, The Global Trend brand market size in 2023 was XX USD billion and will grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030.
The demand for trend brands is rising due to economic factors, disposable income, supply chain efficiency, and competition and brand differentiation.
Demand for below 22 L remains higher in the trend brand market.
The residential segment held the highest trend brand market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific trend brand market will experience the strongest growth until 2030.
