Gigantic Retail Space to Provide an Opportunity of the Retail Automation Vendors in China
Published: Nov 2020
China retail automation is estimated to exhibit a sturdy CAGR of 15.8% during the forecast period (2020-2026). Increasing urbanization, abundant population, growing overall economy, premiumization, and increasing disposable income have been responsible for the growth of the retailing sector in China, which has made the retail automation market a lucrative space.
Expansion of Retailing Space, Coupled with Growing Economy to Set the Tone for the Asia-Pacific Retail Automation Market
Published: Nov 2020
Asia-Pacific retail automation is estimated to witness a strong CAGR of 15.3% during the forecast period (2020-2026). With rapid economic growth, increasing urbanization, and accelerated integration into the world market, there has been a surge in the number of supermarkets and hypermarkets in many developing countries of Asia-Pacific.
Increasing Retailing Sector and Urbanization the Pedestal for the Growth of the Global Retail Automation Market
Published: Nov 2020
Global retail automation market is estimated to record a substantial CAGR of 12.5% during the forecast period (2020-2026). The global retail industry is on an all-time high as global economies have continued to perform exceptionally well, stimulating retail sales and profitability. This has resulted in increased adoption of retail automation solutions, as the sales increase.
Increasing Smartphone Penetration to Drive the Growth for Online Entertainment across the Globe
Published: Nov 2020
Global online entertainment is estimated to record a substantial CAGR of 15.7% during the forecast period (2020-2026). Online entertainment refers to entertainment over the internet through smart devices such as smartphones, smart TVs, laptops, and tablets. Proliferation in the adoption of smartphones and affordability of the internet has led to an increase in online traffic, which is anticipated to fuel the demand for online entertainment content in the form of videos, audios, games, web radio, and e-books.
Rise in focus on Recyclable Thermoplastics due to Cohesive Government Regulations Will Escalate the US Thermoplastics Market
Published: Nov 2020
The US thermoplastics market will see considerable growth during the forecast period. The US is one of the major markets for plastic packaging owing to massive demand from end-user industries. The US ranks on the top 50 list of countries that are contributing to plastic pollution in the ocean, which estimates 88 to 242 million pounds/year of plastic marine debris.
Government Regulations to Surge Recyclable Plastics will escalate the UK Thermoplastics Market
Published: Nov 2020
UK thermoplastics market will see considerable growth during the forecast period. The UK is one of the significant markets for plastic packaging, owing to massive demand from end-user industries, which in turn, is creating pollution across the ocean and landfills. The government and non-government organizations work to sustainably use plastic and to restrict plastic waste in the ocean.
Following the US, Canada will escalate the North American Thermoplastics Market
Published: Nov 2020
The North American Thermoplastics market will see considerable growth during the forecast period. The US dominates the North American thermoplastics industry; however, Canada will project a considerable growth rate in the market. The continuous rise in end-use markets of thermoplastics will offer growth to the thermoplastics industry in Canada.
Growth Prospects of the German Packaging Industry will escalate Germany Thermoplastics Market
Published: Nov 2020
The Germany thermoplastics market will see considerable growth during the forecast period. Germany is one of the largest consumer and producer of thermoplastics in Europe. Among all the end-users of plastics in Germany, packaging industry is expected to witness growth during the forecast period.
Rising Trend for Recyclable Thermoplastics will escalate the European Thermoplastics Market
Published: Nov 2020
The European thermoplastics market will see considerable growth during the forecast period. The region has the presence of a large sum of end-use industries of plastics, predominantly packaging, chemical, and automotive. Therefore, there is a rising concern and focus on the recycling of thermoplastics. European Union (EU) is focusing on a more ‘circular’ approach. It will cover all prospects of the plastic industry starting from production to waste management.
Asia-Pacific Thermoplastics Market will be Driven by the Surge in the Pharmaceutical Production Hub
Published: Nov 2020
The Asia-Pacific thermoplastics market will see considerable growth during the forecast period. The pharmaceutical industry is continuously rising in Asia-Pacific, with the rise in the expansion of production hubs in the developed and emerging economies of the nation. China, India, Japan, and Singapore are among the few economies of Asia-Pacific that are expected to foresee growth in pharmaceutical packaging during the forecast period.