Press release
Consumer Products - Paper, Plastics, Rubber, Wood And Textile Market Outlook 2024: Exclusive Report By The Business Research Company
Consumer Products - Paper, Plastics, Rubber, Wood And Textile Market
The Business Research Company offers in-depth market insights through Consumer Products - Paper, Plastics, Rubber, Wood And Textile Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The consumer products - electrical and electronics market size has grown strongly in recent years. It will grow from $29.18 billion in 2023 to $30.9 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to industrialization and manufacturing growth, environmental awareness and sustainability, global trade and market expansion, consumer lifestyle changes, innovation in packaging materials..
The consumer products - electrical and electronics market size is expected to see strong growth in the next few years. It will grow to $38.88 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to global economic conditions, market demand for functional textiles, e-commerce and packaging solutions, shift towards sustainable practices, circular economy initiatives.. Major trends in the forecast period include biodegradable and eco-friendly materials, digitalization in textile production, wood alternatives and sustainable sourcing, bioplastics and alternative packaging..
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Market Segmentation:
The consumer products - paper, plastics, rubber, wood and textile market covered in this report is segmented -
1) By Product Type: Wood Products, Paper Products, Plastic and Rubber Products, Furniture
2) By Distribution Channel: Online, Offline
3) By Application: Construction, Manufacture, Industry, Other Applications
Major Driver - The Surging Clothing Industry's Influence On Consumer Products Market
The rising growth of the clothing industry is expected to boost the growth of consumer products-paper, plastics, rubber, wood, and textiles market going forward. The clothing industry refers to all companies that are involved in designing, producing, and selling clothing. Clothes are made from textiles such as cotton, silk, denim, flannel, hemp, and other materials, hence rising growth of the textile industry is expected to boost the market. For instance, according to the UK Fashion and Textile Association, a UK-based association, the fashion and textile industry contributes almost $21.73bn (£20bn ) to the UK economy. Therefore, the rising growth of the clothing industry is driving the growth of consumer products-paper, plastics, rubber, wood, and textiles market.
Competitive Landscape:
Major companies operating in the consumer products - paper, plastics, rubber, wood and textile market report are Inter IKEA Holding B.V., Nike Inc., Bridgestone Corporation, Christian Dior Société Européenne, Adidas Aktiengesellschaft, Compagnie Générale des Établissements Michelin, Hennes & Mauritz AB, Arlanxeo Holding GmbH, Kumho Petrochemical Co. Ltd., PetroChina Company Limited, Taiwan Synthetic Rubber Corporation, LG Chem Ltd., Versalis S.p.A., Dow Inc., Von Bundit Co. Ltd., Kimberly-Clark Corporation, 3M Company, International Paper Company, Georgia-Pacific LLC, Essity AB, WestRock Company, Sonoco Products Company, Packaging Corporation of America, Domtar Corporation, UPM-Kymmene Oyj, Smurfit Kappa Group plc, Mayr-Melnhof Karton AG, Mondi plc, Nippon Paper Industries Co. Ltd., Rayonier Advanced Materials Inc., Metsä Board Oyj, Stora Enso Oyj .
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https://www.thebusinessresearchcompany.com/report/consumer-products-paper-plastics-rubber-wood-and-textile-global-market-report
Top Trend - Bridgestone's B-Seals Silicone-Based Tire Sealant Technology Reshaping Consumer Products Market
Technological advancement is the key trend gaining popularity in the consumer products-paper, plastics, rubber, wood, and textiles market. Major companies operating in the consumer products-paper, plastics, rubber, wood, and textiles market are focusing on developing new technologies to sustain in the market. For instance, in June 2022, Bridgestone, a Tokyo-based tire and rubber products company, with Dow, a US-based innovative firm for materials science, launched B-SEALS, a silicone-based tire sealant technology that offers extended mobility without compromising sustainability. Tire repairability after a puncture is enhanced by the effective separation of B-SEALS from tires. The "Ecology," "Extension," and "Ease" values of the Bridgestone E8 Commitment are aligned with this ground-breaking technology, which enables optimal end-of-life tire recycling and increased tire life.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Consumer Products - Paper, Plastics, Rubber, Wood And Textile Market Characteristics
3. Consumer Products - Paper, Plastics, Rubber, Wood And Textile Market Trends And Strategies
4. Consumer Products - Paper, Plastics, Rubber, Wood And Textile Market - Macro Economic Scenario
5. Consumer Products - Paper, Plastics, Rubber, Wood And Textile Market Size And Growth
…..
27. Consumer Products - Paper, Plastics, Rubber, Wood And Textile Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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