The Consumer Products – Paper, Plastics, Rubber, Wood And Textile by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Consumer Products – Paper, Plastics, Rubber, Wood And Textile, 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.
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.
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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
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 consumer products – paper, plastics, rubber, wood and textile market report table of contents includes:
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. Global Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market Size and Growth
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26. South America Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market
27. Brazil Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market
28. Middle East Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market
29. Africa Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market
30. Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market Competitive Landscape And Company Profiles
Top Major Players:
- Inter IKEA Holding B.V
- Nike Inc
- Bridgestone Corporation
- Christian Dior Société Européenne
- Adidas Aktiengesellschaft
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