Forecasted demand gains for fertilizers – the largest segment in the $9 billion US lawn and garden consumable market – will be supported primarily by changes in product mix.

The prevalence of cordless electric technology varies widely by product type. Historically, drills have been by far the most likely to be purchased in a cordless version. In high-income countries, cordless products already accounted for as much as 90% of electric drill demand in 2019.

According to the Freedonia Group’s National Online Consumer Survey, 35% of respondents noted reported having used grocery store curbside pickup for the first time because of the coronavirus pandemic.

Unlike many other sectors, which have seen dramatic declines in commercial investment due to the pandemic, telcos ramped up 5G expansion efforts in 2020 as the world went into lockdown, and flooded the internet.

39% of consumers surveyed nationally by the Freedonia Group in December 2020 reported undertaking home improvement projects because of changes associated with the pandemic.

Among lawn and garden consumables, the fastest growth through 2024 is expected for seeds, growing media, and mulch.

As global construction and manufacturing industries renormalize, demand for power tools is expected to recover quickly in 2021 and beyond.

The next three years are projected to see the global brick and tile siding market build itself back up as the industry.

Homebuilding activity in the Africa/Mideast region will be driven by urban population growth, increased standards of living, and healthy economic expansion.

Rigid PVC continues to dominate plastic conduit demand, but flexible HDPE conduit has seen increasing use.