According to Freedonia Group analyst Matt Zielenski, “ADUs will play an important role in the US housing market going forward..."
Greater penetration of household monitoring equipment associated with the Internet of Things will boost revenues in the residential market.
US Demand for Refrigerated and Frozen Display Cases to See Continued Growth Through 2024
Sales of both normal temperature and low temperature display cases will continue to be impacted by the R-22 refrigerant ban.
US Insulated Shipping Container Demand to Rise 3.5% Annually Through 2024, Driven by Pharmaceutical Shipments
A growing regulatory focus on compliance with storage temperature requirements will support demand in pharmaceutical and medical applications.
The pandemic has altered the perception of plastic bags, which are considered safer and more hygienic than reusable types.
Transportation Infrastructure to Remain Largest Global Geosynthetics Market Through 2024
The transportation infrastructure market accounted for 32% of global geosynthetics demand in area terms and will remain the leading application through 2024.
Screwdriver shipments are expected to return to growth through 2024, rising 2.1% annually to $140 million.
Sales of Surface Disinfectant Wipes Expected to Return to Relatively Normal Growth Patterns by 2024
Concern about contracting the virus caused consumers and businesses to take steps to protect themselves, including the disinfecting of surfaces.
Jennifer Mapes-Christ, consumer and commercial group leader for the Freedonia Group, “This is part of the ongoing battle between waste and sustainability concerns and the need for improved hygiene as the foodservice industry figures out operations in a pandemic..."
Foodservice markets are expanding in large developing countries such as China, India, and Indonesia, where rising incomes and Westernizing dining customs are driving new demand for foodservice.