Increasing pressure from both consumers and government bodies is making brand owners and OEMs adopt ambitious targets to integrate sustainability and circularity into their business. Examine what the companies in this sector are doing to achieve a more circular economy and how this is likely to develop between 2020 and 2025.
This landscape generated revenues of $5.60 billion in 2020 as countries mandated the use of face masks in public places. Increased consumer awareness regarding the need for safety measures against the COVID-19 virus also drove demand. Explore the factors that will boost adoption and create a sustainable future for this sector.
This research service presents an assessment of the current status and the future prospects of the global industrial exoskeletons landscape. It also tracks the growth driven by high injury costs and the aging and shrinking skilled workforce. Also discussed are the current scenario, opportunity analysis, adoption rate, the risks, and much more.
Almost a year after our lives were upturned by COVID-19, we have adapted to radically transformed work practices, patterns, and philosophies. As the future of work takes shape, what is most exciting is that it will not be business-as-usual.
Instead of the daily corporate office commute routine, we now have an ecosystem that supports flexibility and personalization. Mobile infrastructure, technologies, and devices have knit together smart work centers and remote workplaces. The results are improved flexibility, enhanced real-time collaboration, better employee engagement, higher productivity, and increased revenues. New work dynamics have also had profound implications for mobility and the future of the automotive industry.
Setting the Scene
The future of work will continue to change across workforces, work technologies, and workplaces.
Workforces will be mobile, dispersed and easily accessible, thanks to purpose-built mobile infrastructure and smart work technology solutions. Meanwhile, rapid technological advances will highlight the need for new skill sets, requiring employees to constantly upskill, reskill, and adjust.
Schedule a consultation with an industry expert at no charge by contacting us at myfrost@frost.com. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
Key Architectural Innovations in the Growth of Construction Materials
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Growth Avenues of High-performance Plastics in Industrial Applications
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Novel Growth Opportunities for Marine Ingredients in Personal Care
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Growth Prospects for the Global Vitamin K Industry Powered by Organic Synthesis of Vitamin K2
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Demand for Efficient Equipment Propels Growth for Renewable Energy Applications in the Global CASE Sector
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Customer Value Chain Compression Driving Growth and Digital Transformation in Global Plastics
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Emerging Growth Opportunities and Innovations Transforming the Global Nutraceutical Ingredients Industry
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consumption, organizations face pressure to
ensure chemical industry materials are used
wisely and responsibly. Historic business
models are transforming, and chemical companies
are working in new ways to build a circular
economy. This webinar presented by Dr. Brian
Balmer, Practice Area Leader, and Gautam
Rashingkar, Industry Analyst, Frost & Sullivan,
highlights the eight transformational growth
themes for stakeholders committed to
circularity. It will also explore the benefits
and critical business outcomes that chemical
companies can achieve by realizing a circular
economy.
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As professionals, our careers are
often assessed on our ability to identify
critical technology growth opportunities and
mitigate the inherent risk associated with our
choices. One important consideration is how
these technologies converge to create unique
technology profiles that previously would not
have been considered. Our Top 50 Platform is a
highly effective, low-risk tool that can be
added to your toolkit to enhance your
decision-making by being more thorough and
introducing elements of out-of-the-box
perspectives that are necessary in today’s
rapid and, yes, hostile technology growth
environment.
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Frost & Sullivan’s recent analysis, Convergence and Collaboration to Usher Circular Economy in the Plastics and Composites Industry, finds that leading brand owners and original equipment manufacturers in the industry are adopting strategies to integrate sustainability and circularity into their business activities following mounting pressure from consumers and government bodies. While nearly 370 million tonnes of plastics were consumed in 2019, overall plastics waste collection volumes were estimated to be around 45% to 50% of the total consumption.
Herbs and botanicals, vitamins and minerals, and specialty supplements are among the most commonly used nutraceutical ingredients today. The increasing geriatric population and incidence of lifestyle diseases have made consumers more health-conscious and encourage them to look toward preventive healthcare like nutraceuticals to remain healthy and avoid escalating healthcare costs.
Frost & Sullivan’s recent analysis finds that the global industrial exoskeletons market is expanding rapidly, driven by high injury costs and aging and shrinking skilled workforces across sectors. It is estimated to witness nearly a seven-fold growth, reaching $426.6 million by 2025 from $62.7 million in 2020, up at a compound annual growth rate (CAGR) of 46.7%.
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