News from the freedonia group A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Feb 27, 2021, 10:17 ET Ease of Preparation, Premium Products to Drive Value Gains for Manufactured Food

US demand for manufactured food is forecast to grow 1.4% annually in nominal terms through 2024, according to Food Processing: United States, a...

Feb 26, 2021, 14:17 ET Demand for Household Floor Care Appliances to Rise on Gains in Home Construction & Improvement

Demand for electric household floor care appliances – devices intended for but not limited to household use – is forecast to advance 5.3% yearly in...

Feb 25, 2021, 14:40 ET High-End Products to Boost Value Increases for Small Kitchen Appliance Demand

US demand for small household kitchen appliances is forecast to increase 1.6% annually in nominal terms through 2024, according to Small Kitchen...

Feb 24, 2021, 09:37 ET Rising Construction Spending, Shipments of Select Durable Goods to Drive Demand Gains in Welding Equipment & Supplies

US demand for welding equipment and supplies is expected to rise 2.6% per year in nominal terms through 2024, according to Welding Equipment &...

Feb 23, 2021, 14:26 ET Bottled Water Continues to Benefit from Perception as Healthier Option than CSDs

Demand for bottled water in the US is forecast to increase 1.0% yearly in volume terms through 2024, according to Bottled Water: United States, a...

Feb 22, 2021, 16:19 ET Demand for Carded Nonwovens to Grow 2.7% Annually Through 2024 Driven by Pandemic and Push for Sustainability

Two of the biggest market drivers today—the global health crisis and an accelerated push for greater sustainability of materials—are driving demand...

Feb 19, 2021, 11:19 ET China Remains Largest Global Market for Polyethylene Pipe

According to the new study Global Polyethylene Pipe, from The Freedonia Group, demand for polyethylene pipe in China totaled 4.2 million metric tons...

Feb 18, 2021, 10:17 ET Demand for Nonwovens in Medical Applications Forecasted to Grow Nearly 4% Annually Through 2024

The nonwovens used in medical applications accounted for 9% of carded nonwovens sales in 2019. In the medical market, nonwovens can be used to...

Feb 17, 2021, 15:43 ET Global Affordable Housing Shortage Builds Interest in Prefabricated Housing

Global demand for prefabricated housing is forecast to rise 1% annually through 2024 to 3.9 million units, boosted partly by the shortage of...

Feb 17, 2021, 14:05 ET Innovation in Resin Formulations Creates Opportunities for Plastic Pipe Use in Oil and Gas Settings

Plastic pipe has penetrated most small diameter construction applications due to its light weight, low cost, and ease of installation. Going forward, ...

Feb 16, 2021, 13:37 ET Rising Interest in Value-Added Electric & Robotic Mowers Boosts Lawn Mower Sales

Among major power lawn and garden equipment types, lawn mowers saw the sharpest increase in sales during the COVID-19 pandemic, according to a new...

Feb 12, 2021, 14:18 ET Why Consumers Are Buying More Lawn & Garden Equipment amid the COVID-19 Pandemic

In 2020, residential sales of lawn and garden equipment spiked as DIY activity surged among consumers, who found themselves spending more time at...

Feb 09, 2021, 15:17 ET COVID-19 Safety Concerns Drive Shift to Higher Value Touchless Faucets in Commercial Buildings

Throughout the COVID-19 pandemic, the big question of commercial building operators has been how to make facilities safer for occupants. One popular...

Feb 08, 2021, 14:17 ET Organics Will Expand Penetration in Lawn & Garden Fertilizers Market Through 2024

Through 2024, demand gains for fertilizers – the largest segment in the $9 billion US lawn and garden consumable market – will be supported primarily ...

Feb 06, 2021, 10:17 ET Cordless Technology Penetrating New Power Tool Markets

Global demand for electric power tools is forecast to rise 3.4% per year to $28.1 billion in 2024, according to a new Freedonia Group analysis:...

Feb 05, 2021, 10:17 ET Rising Production of Electronic, Computer Products to Drive Growth in US Electronic Component Demand & Shipments

US demand for electronic components is forecast to increase 1.6% annually in nominal terms through 2024, according to Electronic Components: United...

Feb 04, 2021, 10:17 ET As Costco Goes Curbside, E-Commerce Opportunities Continue to Expand for Key Products

Though Costco has maintained throughout the COVID-19 pandemic that space limitations have made offering curbside delivery services at its stores next ...

Feb 03, 2021, 10:17 ET A Boon to the Conduit Pipe Market, 5G Network Expansion Accelerates Under COVID-19

The rollout of the fifth-generation technology standard for broadband cellular networks, known as 5G, began in 2019 and is expanding rapidly...

Feb 02, 2021, 14:17 ET US Demand for Fabricated Metal Products Set to Rise on Gains in Durable Goods Shipments, Construction Spending

US demand for fabricated metal products is forecast to rise 1.3% per year in nominal terms from 2019 levels through 2024, according to Fabricated...

Feb 01, 2021, 15:40 ET Elevated Remodeling Activity Amid Pandemic to Continue Through 2021

From adding home gyms and offices, to installing decks and pools for the family staycation, home renovation activity spiked in 2020 during the...

Jan 30, 2021, 09:47 ET US Demand for Polyurethane Resin Sees 4.7% Dip in 2020

US demand for polyurethane resin is forecast to increase nearly 1.0% yearly in volume terms through 2024, according to Polyurethane: United States, a ...

Jan 29, 2021, 14:43 ET US Gypsum Demand to Increase Alongside Housing Completions After Slight Drop in 2020

US gypsum demand is forecast to grow 1.9% annually in volume terms from 2019 levels through 2024, according to Gypsum: United States, a report...

Jan 28, 2021, 09:17 ET Lawn & Garden Mulch, Seeds, & Growing Media Sales Boosted by Pandemic DIY Gardening Trends

With people spending substantially more time at home due to the COVID-19 pandemic, an increasing number of households are participating in their own...

Jan 27, 2021, 14:26 ET Global Power Tool Market to Quickly Recover from 2020's Pandemic-Induced Shortfalls

The COVID-19 pandemic wrought a net negative effect on the global power tool market in 2020, with a 3.2% sales decline recorded as construction and...

Jan 26, 2021, 13:50 ET The Freedonia Group: Global Brick and Tile Siding Sales Projected to Reach $24 Billion by 2024 Lead by Demand in Asia and Africa

The next three years are projected to see the global brick and tile siding market build itself back up as the industry not only rebounds from the...