Let’s face it – making the list of 16 most consumed products in the world is as easy as herding cats.
Premium performances or improved value for the same amount of money, high accessibility and convincing reinforcement to customers are some of the basic features which follow the most consumed products in the world. Ads with snappy catchphrases and easy-to-remember, succinct slogans contribute to overall product’s selling capacity, like a lot. Whenever you see or hear “Just Do It” or “Because You’re Worth It”, not only do you instantly have an image of the exact brand in your mind, but you also become filled with a positive way of thinking about the same stuff! So yeas, this is a sort of manipulation, but on the other hand, the very quality of the specific product speaks for itself. Moreover, the most consumed products in the world are often the bestsellers, or sometimes even the all-time record-breakers in the world of high consumerism.
Selling face to face or online, the overall profit is all that it matters to merchandisers and investors. During the last two years, best selling products online are mainly beauty products, as evidenced in 25 Best Selling Products Online in 2017. Top 5 most popular online marketplaces nowadays are eBay, Etsy, Bonanza, Rover.com, and Amazon. If you are wondering which may be the top selling products on Amazon in 2017, Amazon Echo (also Amazon Echo Dot), TechMatte MagGrip Air Vent Magnetic Universal Car Mount and Instant Pot 7-in-1 Multi-Functional Pressure Cooker were the absolute best-sellers. For a more detailed view of best-selling stuff, do check out our lists of 10 Best Selling Consumer Products in the World and 10 best selling products online in 2018.
Before we start with the countdown, we have to note that there are several reasons why ranking products according to the level of global consumption was a pretty challenging task for our team to cope with. First, when it comes to products’ consuming evaluation, there is no precise technique which can provide “the most reliable results”. Interbrand’s Best Global Brands 2017 Rankings, PePartnership‘s reports on consumption as well as GlobalSources helped us in our product-based selection. Due to the definition of ‘product’, (an item that is expressed physically or virtually in our reality, offered for sale) we were free to choose among goods that remain consistently present in consumers’ (or better say our) lives. Therefore, products which are related to food (including beverage) consumption, entertainment, vehicles, electronic devices as well as home-products, were all respectively included in the same race. After the preliminary selection has been made, out team investigated how much product’s units have been sold, mainly in the last two years, and in some cases including the year of very introduction of the certain product. Correspondingly, the following list starts from the small-scale totals and ends with enormous amounts of sold product’s units. Now, when we’ve made stuff crystal clear, let ‘s start with our list of 16 most consumed products in the world!
16. Power bank
Total sales: 10 million units
Almost everybody has experienced at least once in a lifetime how much annoying is when your battery power has accidentally leaked. Also known as ’Power Station’, Battery Banks is a battery backup quite useful for topping-up your device (smartphone, tablet and other types of portable media) while you find yourself far from a wall outlet. In practice, everything that charges from USB at your home can be charged from a Power Banks. There are three main types of Power Banks – the Universal, Solar-charged and the older-style battery phone case. Although they come in various sizes and with different configurations, what is the most important about these devices is the mAh capacity. This informs you straightforward about the total capacity of the batteries. In order to have your device fully charged, you should take a Power Bank with more mAh than your phone’s battery capacity. Although situated on the bottom of our 16 most consumed products in the world list, according to Zion Market Research, global power bank market was valued at USD 15.09 billion in 2014, and it is expected to reach USD 17.2 billion by 2020 at a CAGR of above 20% between 2015 and 2020.