School furniture market in North America 2020-2024 The analyst has been monitoring the school furniture market in North America and it is poised to grow by $ 228.76 mn during 2020-2024 progressing at a CAGR of 2% during the forecast period. Our report on school furniture market in North America provides a holistic analysis, market size...
MIM is very cost-effective for manufacturing high volume complex parts. The technology allows varied industries to produce components with very minimal metal (material) wastage. MIM reduces assembly part count and the number of bond joints in a component.This reduces the requirement of an assembly process (machinery, equipment) and...
The COVID-19 pandemic had a mixed impact on the luxury goods market in South Korea in 2020. While all categories saw a weakened performance compared with 2019, not all dropped into negative growth territory. Experiential luxury suffered due to the sharp decline in the number of tourists. According to Korea Tourism Organization, the number...
Canada’s response to controlling the pandemic has been moderately stringent, according to the University of Oxford’s study of the relationship between the number of COVID-19 cases and governments’ response. Luxury goods in Canada suffered strongly reduced value sales in 2020 because of the COVID-19 lockdown period which saw the vast majority...
Luxury goods suffered considerably from the effects of the COVID-19 crisis in 2020. Following the outbreak of the COVID-19 pandemic, the Spanish authorities took the decision to implement national lockdown measures, which had a significant negative effect on the country’s economy. During the period of national lockdown, retail outlets were...
Luxury goods experienced a steep decline in demand in 2020 as a result of the confinement and social distance restrictions due to COVID-19, store closures, economic uncertainly and low consumer confidence. Consumers in the Netherlands were encouraged to stay at home during the pandemic, resulting in a general fall in retail sales during the...
Lockdown at home was not mandatory during the Coronavirus (COVID-19) pandemic in Mexico, although it was strongly recommended by the government with continuous communication through various media. Despite the voluntary nature of the restrictions, many Mexicans followed the recommendations by staying at home as much as possible in order to...
Like all other personal luxury categories, luxury writing instruments and stationery has turned from solid growth in most of the review period to retail volume and current value decline in 2020. The two-month lockdown which started in the first quarter of the year led to the closure of non-essential retail outlets to try and halt the spread...
Super premium beauty and personal care in Malaysia was negatively affected by the country lockdown enforced between 18 March and 4 May 2020. During this time, non-essential retail stores were required to close, including standalone stores and department stores like Isetan, Parkson and AEON. As a result, consumers could only access super premium...
Malaysian luxury retailing was hit hard by the COVID-19 pandemic in the first half of 2020, with many believing it will take at least six months after the Movement Control Order (MCO) (which ended in May) to recover. Around one fifth of the demand for luxury portable consumer electronics in Malaysia is contributed to international travellers,...