• The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes Fortune Business Insights™ in its report, titled, “Nanocellulose Market Size, Share & COVID-19 Impact Analysis, By Type (Microfibrillated Cellulose, Cellulose Nanofibrils, Cellulose Nanocrystals, Bacterial Cellulose, and Others), Application (Cement & Composite Materials, Textiles & Nonwovens, Paper & Packaging, Food Products, Cosmetics & Toiletries, Filter Materials, and Others), and Regional Forecast, 2020-2027.” Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565

    Highlights of the Report:

    While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.

    Drivers & Restraints-

    Increasing Applications in Packaging Industry to Drive Growth

    Rising concerns regarding the impact of material used by the packaging industry on the environment are estimated to drive nanocellulose market growth. For instance, according to the U.S. Environmental Protection Agency, packaging material accounts for around 28.1% of the total municipal solid waste in the U.S. and the material used in packaging includes plastic, which is non-degradable. In addition, the extensive utilization of nano cellulose in the textile industry is projected to further strengthen its demand. However, the high cost of production associated with the product is expected to limit the growth of nanocellulose.
    The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes Fortune Business Insights™ in its report, titled, “Nanocellulose Market Size, Share & COVID-19 Impact Analysis, By Type (Microfibrillated Cellulose, Cellulose Nanofibrils, Cellulose Nanocrystals, Bacterial Cellulose, and Others), Application (Cement & Composite Materials, Textiles & Nonwovens, Paper & Packaging, Food Products, Cosmetics & Toiletries, Filter Materials, and Others), and Regional Forecast, 2020-2027.” Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging. The market stood at USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027 at a CAGR of 19.9% in the forecast period. Information Source - https://www.fortunebusinessinsights.com/nanocellulose-market-104565 Highlights of the Report: While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market. Drivers & Restraints- Increasing Applications in Packaging Industry to Drive Growth Rising concerns regarding the impact of material used by the packaging industry on the environment are estimated to drive nanocellulose market growth. For instance, according to the U.S. Environmental Protection Agency, packaging material accounts for around 28.1% of the total municipal solid waste in the U.S. and the material used in packaging includes plastic, which is non-degradable. In addition, the extensive utilization of nano cellulose in the textile industry is projected to further strengthen its demand. However, the high cost of production associated with the product is expected to limit the growth of nanocellulose.
    Nanocellulose Market Size & Growth | Global Report [2020-2027]
    The global nanocellulose market size was USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027, exhibiting an exhilarating CAGR of 19.9% during the forecast period.
    0 Комментарии 0 Поделились 5Кб Просмотры 0 предпросмотр
  • The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

    Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706

    The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdowns to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that they can adopt the necessary strategies accordingly.

    The market report includes:

    All-encompassing report of the market
    Critical insights into the market
    Dominant regions in the world
    Market drivers and restraints
    Competitive landscape
    COVID-19 impact
    Market Driver:

    Evolving Consumer Lifestyle to Influence Massive Growth

    The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans.

    COVID-19 Impact:

    Varied Effect of COVID-19 on the Beverage Cans Market

    The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum have disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic.

    Regional Analysis:

    Inclination towards Healthy Beverages to Boost Market in North America

    North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years.

    Key Development:

    July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually.

    The Report Lists the Key Companies in the Market:

    Ball Corporation (U.S.)
    Orora Packaging Australia Pty Ltd (Australia)
    Crown Holdings, Inc. (U.S.)
    Ardagh Group S.A. (Ireland)
    CANPACK S.A. (Poland)
    GZ Industries Ltd. (Nigeria)
    CPMC Holdings Ltd. (China)
    MSCANCO (Saudi Arabia)
    Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan)
    Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
    Universal Can Corporation (U.S.)
    Techpack Solutions (China)
    Baosteel Metal Co., Ltd. (China)
    Asia Packaging Industries (Vietnam)
    Silgan Holdings (U.S.)
    Other Key Players
    The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019. Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706 The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdowns to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that they can adopt the necessary strategies accordingly. The market report includes: All-encompassing report of the market Critical insights into the market Dominant regions in the world Market drivers and restraints Competitive landscape COVID-19 impact Market Driver: Evolving Consumer Lifestyle to Influence Massive Growth The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans. COVID-19 Impact: Varied Effect of COVID-19 on the Beverage Cans Market The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum have disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic. Regional Analysis: Inclination towards Healthy Beverages to Boost Market in North America North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years. Key Development: July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually. The Report Lists the Key Companies in the Market: Ball Corporation (U.S.) Orora Packaging Australia Pty Ltd (Australia) Crown Holdings, Inc. (U.S.) Ardagh Group S.A. (Ireland) CANPACK S.A. (Poland) GZ Industries Ltd. (Nigeria) CPMC Holdings Ltd. (China) MSCANCO (Saudi Arabia) Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan) Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka) Universal Can Corporation (U.S.) Techpack Solutions (China) Baosteel Metal Co., Ltd. (China) Asia Packaging Industries (Vietnam) Silgan Holdings (U.S.) Other Key Players
    Beverage Cans Market Size & Growth | Global Report [2027]
    The global beverage cans market size was USD 25.31 billion in 2019 and is projected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period.
    0 Комментарии 0 Поделились 5Кб Просмотры 0 предпросмотр
  • The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”.

    Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945

    The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future.
    The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945 The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future.
    Resilient Flooring Market Size, Share | Global Industry Report [2027]
    The global resilient flooring market size was $29.62 billion in 2019 & is projected to reach $58.11 billion by 2027, exhibiting a CAGR of 9.3% in forecast period
    0 Комментарии 0 Поделились 3Кб Просмотры 0 предпросмотр
  • The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”.

    Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945

    The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future.

    The report states that the global market value stood at USD 29.62 billion in 2019 and offers the following:

    Intelligent insights on the current and upcoming trends and opportunities in the market;
    Detailed analysis of the market drivers, restraints, and segments;
    Comprehensive profiling of key players and careful examination of their strategies; and
    In-depth assessment of the regional developments impacting the market.
    Market Restraint

    Sharp Contraction in Construction Activities Triggered by COVID-19 to Dampen Market Spirits

    The outbreak of the coronavirus pandemic has caused unprecedented upheavals in the construction industry across countries and will inevitably stymie the resilient flooring market growth. According to the UK-based Royal Institute of Chartered Surveyors (RICS), 25% of the construction projects worldwide were paused in the second quarter of 2020 and productivity at sites dropped by 12% as governments imposed lockdowns and social distancing measures to contain the spread of the virus. The RICS predicts that cost escalation because of delays, cancellations, and reduced on-site workforce will put enormous pressure on the construction industry in the next twelve months. Country-wise scenario for this industry appears equally grim. In India, for instance, the Ministry of Statistics and Program Implementation reported a staggering 50.3% contraction in construction activities since the pandemic outbreak. With the demand for resilient flooring being solely dependent on construction activities, this market is likely to undergo a period of shock as a result of the COVID-19 pandemic.
    The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945 The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future. The report states that the global market value stood at USD 29.62 billion in 2019 and offers the following: Intelligent insights on the current and upcoming trends and opportunities in the market; Detailed analysis of the market drivers, restraints, and segments; Comprehensive profiling of key players and careful examination of their strategies; and In-depth assessment of the regional developments impacting the market. Market Restraint Sharp Contraction in Construction Activities Triggered by COVID-19 to Dampen Market Spirits The outbreak of the coronavirus pandemic has caused unprecedented upheavals in the construction industry across countries and will inevitably stymie the resilient flooring market growth. According to the UK-based Royal Institute of Chartered Surveyors (RICS), 25% of the construction projects worldwide were paused in the second quarter of 2020 and productivity at sites dropped by 12% as governments imposed lockdowns and social distancing measures to contain the spread of the virus. The RICS predicts that cost escalation because of delays, cancellations, and reduced on-site workforce will put enormous pressure on the construction industry in the next twelve months. Country-wise scenario for this industry appears equally grim. In India, for instance, the Ministry of Statistics and Program Implementation reported a staggering 50.3% contraction in construction activities since the pandemic outbreak. With the demand for resilient flooring being solely dependent on construction activities, this market is likely to undergo a period of shock as a result of the COVID-19 pandemic.
    Resilient Flooring Market Size, Share | Global Industry Report [2027]
    The global resilient flooring market size was $29.62 billion in 2019 & is projected to reach $58.11 billion by 2027, exhibiting a CAGR of 9.3% in forecast period
    0 Комментарии 0 Поделились 4Кб Просмотры 0 предпросмотр
  • The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”.

    Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945

    The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future.
    The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945 The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future.
    Resilient Flooring Market Size, Share | Global Industry Report [2027]
    The global resilient flooring market size was $29.62 billion in 2019 & is projected to reach $58.11 billion by 2027, exhibiting a CAGR of 9.3% in forecast period
    0 Комментарии 0 Поделились 3Кб Просмотры 0 предпросмотр
  • The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”.

    Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945

    The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future.

    The report states that the global market value stood at USD 29.62 billion in 2019 and offers the following:

    Intelligent insights on the current and upcoming trends and opportunities in the market;
    Detailed analysis of the market drivers, restraints, and segments;
    Comprehensive profiling of key players and careful examination of their strategies; and
    In-depth assessment of the regional developments impacting the market.
    Market Restraint

    Sharp Contraction in Construction Activities Triggered by COVID-19 to Dampen Market Spirits

    The outbreak of the coronavirus pandemic has caused unprecedented upheavals in the construction industry across countries and will inevitably stymie the resilient flooring market growth. According to the UK-based Royal Institute of Chartered Surveyors (RICS), 25% of the construction projects worldwide were paused in the second quarter of 2020 and productivity at sites dropped by 12% as governments imposed lockdowns and social distancing measures to contain the spread of the virus. The RICS predicts that cost escalation because of delays, cancellations, and reduced on-site workforce will put enormous pressure on the construction industry in the next twelve months. Country-wise scenario for this industry appears equally grim. In India, for instance, the Ministry of Statistics and Program Implementation reported a staggering 50.3% contraction in construction activities since the pandemic outbreak. With the demand for resilient flooring being solely dependent on construction activities, this market is likely to undergo a period of shock as a result of the COVID-19 pandemic.
    The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945 The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future. The report states that the global market value stood at USD 29.62 billion in 2019 and offers the following: Intelligent insights on the current and upcoming trends and opportunities in the market; Detailed analysis of the market drivers, restraints, and segments; Comprehensive profiling of key players and careful examination of their strategies; and In-depth assessment of the regional developments impacting the market. Market Restraint Sharp Contraction in Construction Activities Triggered by COVID-19 to Dampen Market Spirits The outbreak of the coronavirus pandemic has caused unprecedented upheavals in the construction industry across countries and will inevitably stymie the resilient flooring market growth. According to the UK-based Royal Institute of Chartered Surveyors (RICS), 25% of the construction projects worldwide were paused in the second quarter of 2020 and productivity at sites dropped by 12% as governments imposed lockdowns and social distancing measures to contain the spread of the virus. The RICS predicts that cost escalation because of delays, cancellations, and reduced on-site workforce will put enormous pressure on the construction industry in the next twelve months. Country-wise scenario for this industry appears equally grim. In India, for instance, the Ministry of Statistics and Program Implementation reported a staggering 50.3% contraction in construction activities since the pandemic outbreak. With the demand for resilient flooring being solely dependent on construction activities, this market is likely to undergo a period of shock as a result of the COVID-19 pandemic.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Resilient Flooring Market Size, Share | Global Industry Report [2027]
    The global resilient flooring market size was $29.62 billion in 2019 & is projected to reach $58.11 billion by 2027, exhibiting a CAGR of 9.3% in forecast period
    0 Комментарии 0 Поделились 5Кб Просмотры 0 предпросмотр
  • The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

    Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706

    The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdowns to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that they can adopt the necessary strategies accordingly.

    The market report includes:

    All-encompassing report of the market
    Critical insights into the market
    Dominant regions in the world
    Market drivers and restraints
    Competitive landscape
    COVID-19 impact
    Market Driver:

    Evolving Consumer Lifestyle to Influence Massive Growth

    The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans.

    COVID-19 Impact:

    Varied Effect of COVID-19 on the Beverage Cans Market

    The restrictions imposed by the governments on bauxite mining, transportation of raw materials, and recycling activities of aluminum have disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic.

    Regional Analysis:

    Inclination towards Healthy Beverages to Boost Market in North America

    North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years.

    Key Development:

    July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually.

    The Report Lists the Key Companies in the Market:

    Ball Corporation (U.S.)
    Orora Packaging Australia Pty Ltd (Australia)
    Crown Holdings, Inc. (U.S.)
    Ardagh Group S.A. (Ireland)
    CANPACK S.A. (Poland)
    GZ Industries Ltd. (Nigeria)
    CPMC Holdings Ltd. (China)
    MSCANCO (Saudi Arabia)
    Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan)
    Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
    Universal Can Corporation (U.S.)
    Techpack Solutions (China)
    Baosteel Metal Co., Ltd. (China)
    Asia Packaging Industries (Vietnam)
    Silgan Holdings (U.S.)
    Other Key Players
    The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019. Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706 The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdowns to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that they can adopt the necessary strategies accordingly. The market report includes: All-encompassing report of the market Critical insights into the market Dominant regions in the world Market drivers and restraints Competitive landscape COVID-19 impact Market Driver: Evolving Consumer Lifestyle to Influence Massive Growth The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans. COVID-19 Impact: Varied Effect of COVID-19 on the Beverage Cans Market The restrictions imposed by the governments on bauxite mining, transportation of raw materials, and recycling activities of aluminum have disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic. Regional Analysis: Inclination towards Healthy Beverages to Boost Market in North America North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years. Key Development: July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually. The Report Lists the Key Companies in the Market: Ball Corporation (U.S.) Orora Packaging Australia Pty Ltd (Australia) Crown Holdings, Inc. (U.S.) Ardagh Group S.A. (Ireland) CANPACK S.A. (Poland) GZ Industries Ltd. (Nigeria) CPMC Holdings Ltd. (China) MSCANCO (Saudi Arabia) Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan) Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka) Universal Can Corporation (U.S.) Techpack Solutions (China) Baosteel Metal Co., Ltd. (China) Asia Packaging Industries (Vietnam) Silgan Holdings (U.S.) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Beverage Cans Market Size & Growth | Global Report [2027]
    The global beverage cans market size was USD 25.31 billion in 2019 and is projected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period.
    0 Комментарии 0 Поделились 4Кб Просмотры 0 предпросмотр
Спонсоры
google-site-verification: google037b30823fc02426.html
Спонсоры
google-site-verification: google037b30823fc02426.html