The building construction sector is one of the largest consumers of energy resources in Europe and produces nearly 35% of all greenhouse gas emissions. Get insights into the present and future prospects, major developments, supply chain changes, key growth opportunities, and much more.
Nutricosmetics are consumer products that have a preventive or remedial effect on the skin, hair, or nails when ingested as guided. Analyzed in this research are the key growth metrics, new product offerings, competitive intensity, new business models, and future predictions.
Get an overview of the global industry with a focus on sustainable and green manufacturing practices, which are expected to push manufacturers to adopt digital transformation strategies. Also, identify the growth opportunities, impact of digitalization, influence of industry 4.0/5.0, and much more.
Growth is becoming increasingly difficult to achieve. Today, and for the foreseeable future, companies will battle with strategic imperatives that are putting increasing pressures on the growth they so desperately need. Frost & Sullivan has identified eight strategic imperatives that your team must fully embrace to understand the complexity of critical decisions: Innovative Business Models, Industry Convergence, Disruptive Technologies, Geopolitical Chaos, Competitive Intensity, Internal Challenges, Transformative Mega Trends, and Compression of Customer Value Chain.
Each imperative individually represents an uphill climb, but when combined, represent a relative Mount Everest that must be navigated to reach a growth summit. Here are four best practices to drive your growth pipeline during the current COVID-19 climate.
Best Practice #1: Know Your Numbers (facts)
COVID-19 has significantly impacted the growth environment in virtually every market. For some, those numbers are a positive net effect (albeit unwelcomed growth), provisioned by the accelerated uptake in technologies such as video collaboration. That market, for example, was growing at a CAGR of 17.2% prior to COVID-19. It has now accelerated to 24.6%. But not all markets have reacted this way. The average market price in the energy industry changed dramatically through the first 150 days of the pandemic, dropping -38.5%. Thus, with this shift, you have to refocus, revisit your original plans, and reinvest into optimal areas of growth. There is no doubt we are seeing fundamental profit pools shifting across respective value chains, and your organization will survive and thrive based on knowing your “new†numbers.
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.
Demand for Sustainable Materials Powering Personal Care Packaging
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Potential Growth Avenues and Disruptive Technologies in the Global Masterbatches Industry
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Wildland Firefighting Fueling Growth in the Western European Firefighter PPE Segment
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Innovative Technologies Present New Growth Prospects for the Global Thermoplastic Elastomers Sector
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Emerging Growth Opportunities and Innovations Transforming the Global Nutraceutical Ingredients Industry
Read more Request InfoFast-moving consumer goods (FMCG)
companies are shaping their growth more than
ever through constant innovation and the
implementation of new technologies to serve
their consumers better. This traditional sector
is at the heart of powerful industry
convergences. Traditional value chains are
impacted by transformative Mega Trends,
disruptive technologies, and new business
models that will reshape them faster than
expected.
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Frost & Sullivan’s recent analysis,
Automation Driving the Demand for
High-performance Plastics in Industrial
Applications, 2027, finds that the demand for
digitalization and automation of manufacturing
facilities and the need for power generation
through renewable energy sources are expected
to drive the use of high-performance plastics
in industrial applications. Losses in corrosion
and weathering are estimated to cross $1
trillion; industrial equipment manufacturers
must focus on high-performance plastics
benefits such as corrosion protection and
longer maintenance intervals.
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Frost & Sullivan’s recent analysis forecasts that global personal protective equipment (PPE) revenues in the wind energy industry will reach $514.6 million by 2025, up from $409.2 million in 2020, growing at a CAGR of 4.7%. The industry growth is driven by an increase in wind farm installation and maintenance services and resultant employment opportunities, growing awareness about wind energy PPE, riskier work environments, and stringent regulatory compliances.
Frost & Sullivan’s recent analysis, Key Architectural Trends Determining Construction Materials Usage, Outlook 2021, identifies eight predictions for the global construction materials market. The ongoing COVID-19 pandemic renewed focus on environment-friendly and circular solutions and geopolitical issues are expected to affect the global construction industry for the next 10-15 years. However, the geopolitical chaos has led to disruptions in local and global preferences for construction materials.
With anti-COVID vaccines getting rolled out, the Gulf Cooperation Council (GCC) states and corporations are announcing ambitious development plans and aggressively putting in support measures to rebuild the economy, stimulate cash flow, and build a sustainable growth trajectory that will shape the future of the economy. While traditional sectors such as infrastructure, mobility, and healthcare will continue to thrive in the GCC, significant changes in customer requirements will lead to unique opportunities in sunrise industries like digital transformation, agriculture and food production, and clean technologies.
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