Businesses That Will Boom in 2021
The Valuate’s Report projects the logistics market to reach 12.2 trillion dollars by 2022. Logistics and delivery is a big industry that will flourish in 2021.
Industries
Circular Economy
Circular economy refers to running the economy like nature runs its own business. There is way more to circular economy than just recycling.
Manufacturing trends 2020
Manufacturing trends to watch in 2020 According to Statista, UN data shows China to be the world’s manufacturing powerhouse. Manufacturing is liable for nearly 30% of the country’s economic output Shutdowns in China, as a result of the coronavirus, could have knock-on effects around the world The U.S. economy is far less reliant on manufacturing…
Additive Manufacturing (AM): An emerging trend shaping future industries
Additive Manufacturing (AM): An emerging trend shaping future industries According to Market Insider, AM is expected to grow at a compound annual growth rate of 24.5 % from 2018 through 2023,to reach $19,500 million in 2023 In 2018, the AM market of North America had the highest market share, followed by Europe, Japan, and China.…
Top Trends in CPG Industry for 2020
Top Trends in CPG Industry for 2020 CPG companies are increasingly leveraging social media to understand needs, gaps, brand equity, and purchase behavior; leading to significant input for targeting, positioning as well as new product development. Technology-driven sophisticated analytics methods like machine learning is enabling extreme personalization for CPG companies With the advent of e-commerce…
Trends leading Digital Transformation in Manufacturing Industry
Trends leading Digital Transformation in Manufacturing Industry According to Grandviewresearch, the global smart manufacturing market value was valued at USD 198.21 billion in 2018 and is expected to witness a growth rate of 10.7% from 2019 to 2025 Mordor Intelligence reports that the global value of digital transformation in manufacturing industry is expected to register…
Consumer Electronics: Overview and Trends
IDC predicts that global consumer electronics spending will reach $1.68 trillion in 2019, a year-on-year increase of 5.3%. As such, the market will reach $2.06 trillion in value by 2023
Top 10 Companies in FMCG Industry
Top 10 Companies in FMCG Industry 1. Nestlé Nestlé is the world’s largest international food and beverage company, founded in 1866 and headquartered in Vevey, Switzerland having more than 2000 brands. Nestlé is present in over 190 countries. It produces and sells products including baby food, medical food, bottled water, breakfast cereals, coffee and tea,…
Top 5 Business Trends in FMCG industry
Top 5 Business Trends in FMCG industry According to CISION PR Newswire, Global FMCG industry market was valued at $10,020 billion as of 2017 and will reach $15,361.8 billion by the end of 2025. According to Market Watch, the market value of FMCG industry is expected to reach $15,361.8 billion by 2025 at a Compunded…
US-China Trade War : Are we too in threat of US-China trade war?
Are we too in threat of US-China trade war? Trump presidency in 2018, levied 25% tariff on imports, accusing China of unfair trade practices The war is not likely to end soon as both sides have threatened each other about taking more strict actions. Along with the economic growth being hampered of China and US,…