Demand for commercial refrigerated equipment will generally grow at an above average in the developing countries of Central and South America, the Asia/Pacific, and the Africa/Mideast region.

The vast majority of newly installed vending machines offer smart features and internet connectivity, which can both boost product sales and reduce maintenance expenses.

The adoption of smart or smart-capable lighting will be driven by user interest in its technologically advanced capabilities, including wireless functions and voice-control features.

Investment in outdoor entertaining areas increased during the pandemic, as many homeowners sought to make their homes a more appealing place.

Saving energy is an evergreen concern for homeowners – not only for its cost benefits, but also increasingly for its environmental ones.

Bank of America Securities upgraded Stanley Black & Decker’s rating as consumer demand for power tools remains high, bolstered by the burst of DIY home renovation activity seen throughout the pandemic.

According to industry analyst Matt Zielenski, the transaction provides significant benefits for both firms.

Major frozen food brands and large grocery chains have pledged to meet specific sustainability goals through the increased use of recycled post-consumer content in their packaging products.

A sharp increase in remote work and learning during the pandemic boosted at-home meal preparation, thus, prompting consumers to stock up on convenient, long-lasting frozen foods.

Near-term growth will be boosted by surging retail sales of ice cream and frozen desserts amid the COVID-19 pandemic, though decreased foodservice activity will somewhat offset overall gains.