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Lawn Mowers Market Analysis By Type(Manual, Electric, Petrol, Robotic), By End User(Residential, Commercial), By Product Type(Walk behind Movers, Ride on Movers, Stand on Movers), By Fuel Type(Gas Powered, Propane Powered), By Engine Power(Less than 15 hp, Between 15hp and 30 hp, More than 30 hp), By Blade Type(Cylinder, Standard, Mulching, Lifting), By Drive Type(AWD, FWD, RWD), By Application(Residential, Professional landscaping, Golf Course, Government), By Distribution Channel(Retail Store, Online Website) & Forecast 2024-2035

  • PUBLISHED ON
  • 9/22/2022
  • NO OF PAGES
  • 289
  • CATEGORY
  • Others

Houses with lawns are still major attraction specifically within North American and some of the European countries, making lawn care industry a multi dollar billion industry. For instance, the lawn care industry was around USD 100 billion in 2019, which jumped to USD 107 billion in 2021 (Source: AMR). The survey, conducted by Engine’s CARAVAN Omnibus on behalf of NALP, found that 81 percent of all Americans have a lawn, and a vast majority – 79 percent – say that a lawn is an important feature when renting or buying a home. In fact, when asked to prioritize home features, respondents ranked a nice size yard second, falling only behind a renovated kitchen – and well ahead of other popular features including updated bathrooms, storage and hardwood floors. This scenario is creating a lucrative market opportunity for global lawn mowers market. As per the AMR estimates, the global volume for lawn mowers is estimated to reach 42.8 million units by 2026 with a CAGR of 6.6%.

Factors

Estimates

Global Market Value (USD Million-2021)

12,716

Global Market Volume (Million Units-2021)

28.8

APAC Value CAGR (%)

9.1%

APAC Volume CAGR (%)

                                         9.2%

One of the primary reason behind the sale of lawn mowers is huge reliance on lawn care professional for the lawn maintenance purpose, as per the survey conducted by AMR states that within the U.S. around 40-50% of the residents hire lawn care professionals. With their average pay in between USD 100-200 (also dependent on size of the lawn), the one-time investment for lawn mowers will save around USD 700-800 in annual basis, thereby creating a demand for the lawn mowers market. Below figure depicts the sale of lawn mowers from 2016 to 2026 in million units:

DESCIMG1

Source: AMR

Segment Analysis

Global lawn mowers market is primarily bifurcated on the basis of type, end user, product type, engine, blade type, drive type, application and distribution Channel. Based on type, we have considered manual, electric, petrol, robotic and others. Both in terms of value and volume electric lawn mowers dominated the market with 60% and 46% in 2022. Fluctuation within the fuel prices, with high maintenance issues and need to take less effort for lawn maintenance has reduced the demand for manual and petrol based lawn mowers. Further, electric lawn mowers are widely adopted in golf course maintenance, Western countries and some Middle east countries are the home for various golf course, this puts an immense demand for electric lawn mowers sale. As per AMR estimates, golf course lawn mowers recorded a sale of 2.894 million units in 2022 globally.

Based on blade type, cylinder and mulching blade type has better effect in lawn maintenance, these blades will have a better quality of cut due to the slicing ‘scissor’ action. This action is superior to that of the chopping action of a rotary mower, when comparing both with sharp well-maintained blades. Cylinder blade type in lawn mowers achieved a sale of around 13.382 million units in 2022. Below figure depicts the lawn mowers market for cylindrical blade from 2016 to 2026 in USD million:

DESCIMG2


Source: AMR

Regional Insights

Global lawn mowers market is primarily studied across North America, Europe, APAC, South America and MEA. North America is home for houses with yards and garden in built with it, the survey conducted by National Association of Landscape Professionals (NALP), found that beyond valuing lawns, Americans are indeed making regular use of their yards. Forty-seven percent of Americans say they entertain in their yards at least once a month, while 57 percent use their yards for recreation at least monthly. Above all, the results suggest that yards are seen as a respite for Americans. A whopping 77 percent of respondent’s report relaxing in their yards at least once a month, and about one in three Americans (32 percent) garden in their yard’s multiple times a week. Americans are also enjoying grass and green spaces beyond their doorsteps. The research found that Americans visit public parks and playgrounds more often than movie theaters, pools and beaches, bowling alleys and museums. Lawns and public green spaces provide a backdrop for Americans’ memory-making moments while offering tremendous benefits for our communities and environment.

DESCIMG3


Source: AMR Research

Competitive Landscape

Some of the major companies operating within the market are American Honda Motor Co., Inc.; Ariens Company; Briggs Stratton; Deere & Company; Deere & Company; Falcon Garden Tools; Fiskars; Husqvarna Group; MTD Products; Robert Bosch GmbH; Robomow Friendly House; The Toro Company.

In the year 2021 and equipment without tubular frame made-up of steel which was ultrastrong was introduced by Toro company. Titan Max HAVOC Edition Drives on massive tires of 23 inches.

By Type

·         Manual

·         Electric

·         Petrol

·         Robotic

·         Others

By End User

·         Residential

·         Commercial

By Product Type

·         Walk behind Movers

·         Ride on Movers

·         Stand on Movers 

By Fuel Type

·         Gas Powered

·         Propane Powered

By Engine Power

·         Less than 15 hp

·         Between 15hp and 30 hp

·         More than 30 hp

By Blade Type

·         Cylinder

·         Standard

·         Mulching

·         Lifting

By Drive Type

·         AWD

·         FWD

·         RWD

By Application

·         Residential

·         Professional landscaping

·         Golf Course

·         Government

·         Others

By Distribution Channel

·         Retail Store

·         Online Website

Global Lawn Mowers Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Lawn Mowers market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Global Lawn Mowers Market: Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
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• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Lawn Mowers Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Lawn Mowers
1.3 Lawn Mowers Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Lawn Mowers
1.4.2 Applications of Lawn Mowers
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 Aowei Market Performance Analysis
3.1.1 Aowei Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Aowei Sales, Value, Price, Gross Margin 2016-2021
3.2 Kilews Market Performance Analysis
3.2.1 Kilews Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Kilews Sales, Value, Price, Gross Margin 2016-2021
3.3 BOSCH Market Performance Analysis
3.3.1 BOSCH Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 BOSCH Sales, Value, Price, Gross Margin 2016-2021
3.4 DAYE Market Performance Analysis
3.4.1 DAYE Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 DAYE Sales, Value, Price, Gross Margin 2016-2021
3.5 Baldor Electric Market Performance Analysis
3.5.1 Baldor Electric Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Baldor Electric Sales, Value, Price, Gross Margin 2016-2021
3.6 Briggs & Stratton Market Performance Analysis
3.6.1 Briggs & Stratton Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Briggs & Stratton Sales, Value, Price, Gross Margin 2016-2021
3.7 Juwel-schraubtechnikGmbH Market Performance Analysis
3.7.1 Juwel-schraubtechnikGmbH Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Juwel-schraubtechnikGmbH Sales, Value, Price, Gross Margin 2016-2021
3.8 Dongcheng Market Performance Analysis
3.8.1 Dongcheng Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Dongcheng Sales, Value, Price, Gross Margin 2016-2021
3.9 JinDing Market Performance Analysis
3.9.1 JinDing Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 JinDing Sales, Value, Price, Gross Margin 2016-2021
3.10 Mi-T-M Market Performance Analysis
3.10.1 Mi-T-M Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Mi-T-M Sales, Value, Price, Gross Margin 2016-2021
3.11 Alkitronic Market Performance Analysis
3.11.1 Alkitronic Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Alkitronic Sales, Value, Price, Gross Margin 2016-2021
3.12 Honda Motor Market Performance Analysis
3.12.1 Honda Motor Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 Honda Motor Sales, Value, Price, Gross Margin 2016-2021
3.13 IngersollRand Market Performance Analysis
3.13.1 IngersollRand Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 IngersollRand Sales, Value, Price, Gross Margin 2016-2021
3.14 Atlascopco Market Performance Analysis
3.14.1 Atlascopco Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Atlascopco Sales, Value, Price, Gross Margin 2016-2021
3.15 Kohler Market Performance Analysis
3.15.1 Kohler Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Kohler Sales, Value, Price, Gross Margin 2016-2021
3.16 Ken Market Performance Analysis
3.16.1 Ken Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 Ken Sales, Value, Price, Gross Margin 2016-2021
3.17 NEWTOP Market Performance Analysis
3.17.1 NEWTOP Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 NEWTOP Sales, Value, Price, Gross Margin 2016-2021
3.18 NIYYO KOHKI Market Performance Analysis
3.18.1 NIYYO KOHKI Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 NIYYO KOHKI Sales, Value, Price, Gross Margin 2016-2021
3.19 BLACK&DECKER Market Performance Analysis
3.19.1 BLACK&DECKER Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 BLACK&DECKER Sales, Value, Price, Gross Margin 2016-2021
3.20 Metabo Market Performance Analysis
3.20.1 Metabo Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 Metabo Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Lawn Mowers Production and Value by Type
4.1.1 Global Lawn Mowers Production by Type 2016-2021
4.1.2 Global Lawn Mowers Market Value by Type 2016-2021
4.2 Global Lawn Mowers Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Manual Market Production, Value and Growth Rate
4.2.2 Electric Market Production, Value and Growth Rate
4.2.3 Petrol Market Production, Value and Growth Rate
4.2.4 Robotic Market Production, Value and Growth Rate
4.2.5 Others Market Production, Value and Growth Rate
4.3 Global Lawn Mowers Production and Value Forecast by Type
4.3.1 Global Lawn Mowers Production Forecast by Type 2021-2026
4.3.2 Global Lawn Mowers Market Value Forecast by Type 2021-2026
4.4 Global Lawn Mowers Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Manual Market Production, Value and Growth Rate Forecast
4.4.2 Electric Market Production, Value and Growth Rate Forecast
4.4.3 Petrol Market Production, Value and Growth Rate Forecast
4.4.4 Robotic Market Production, Value and Growth Rate Forecast
4.4.5 Others Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Lawn Mowers Consumption and Value by Application
5.1.1 Global Lawn Mowers Consumption by Application 2016-2021
5.1.2 Global Lawn Mowers Market Value by Application 2016-2021
5.2 Global Lawn Mowers Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Residential Market Consumption, Value and Growth Rate
5.2.2 Commercial & Government Market Consumption, Value and Growth Rate
5.3 Global Lawn Mowers Consumption and Value Forecast by Application
5.3.1 Global Lawn Mowers Consumption Forecast by Application 2021-2026
5.3.2 Global Lawn Mowers Market Value Forecast by Application 2021-2026
5.4 Global Lawn Mowers Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Residential Market Consumption, Value and Growth Rate Forecast
5.4.2 Commercial & Government Market Consumption, Value and Growth Rate Forecast

6 Global Lawn Mowers by Region, Historical Data and Market Forecasts
6.1 Global Lawn Mowers Sales by Region 2016-2021
6.2 Global Lawn Mowers Market Value by Region 2016-2021
6.3 Global Lawn Mowers Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Lawn Mowers Sales Forecast by Region 2021-2026
6.5 Global Lawn Mowers Market Value Forecast by Region 2021-2026
6.6 Global Lawn Mowers Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Lawn Mowers Value and Market Growth 2016-2021
7.2 United State Lawn Mowers Sales and Market Growth 2016-2021
7.3 United State Lawn Mowers Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Lawn Mowers Value and Market Growth 2016-2021
8.2 Canada Lawn Mowers Sales and Market Growth 2016-2021
8.3 Canada Lawn Mowers Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Lawn Mowers Value and Market Growth 2016-2021
9.2 Germany Lawn Mowers Sales and Market Growth 2016-2021
9.3 Germany Lawn Mowers Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Lawn Mowers Value and Market Growth 2016-2021
10.2 UK Lawn Mowers Sales and Market Growth 2016-2021
10.3 UK Lawn Mowers Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Lawn Mowers Value and Market Growth 2016-2021
11.2 France Lawn Mowers Sales and Market Growth 2016-2021
11.3 France Lawn Mowers Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Lawn Mowers Value and Market Growth 2016-2021
12.2 Italy Lawn Mowers Sales and Market Growth 2016-2021
12.3 Italy Lawn Mowers Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Lawn Mowers Value and Market Growth 2016-2021
13.2 Spain Lawn Mowers Sales and Market Growth 2016-2021
13.3 Spain Lawn Mowers Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Lawn Mowers Value and Market Growth 2016-2021
14.2 Russia Lawn Mowers Sales and Market Growth 2016-2021
14.3 Russia Lawn Mowers Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Lawn Mowers Value and Market Growth 2016-2021
15.2 China Lawn Mowers Sales and Market Growth 2016-2021
15.3 China Lawn Mowers Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Lawn Mowers Value and Market Growth 2016-2021
16.2 Japan Lawn Mowers Sales and Market Growth 2016-2021
16.3 Japan Lawn Mowers Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Lawn Mowers Value and Market Growth 2016-2021
17.2 South Korea Lawn Mowers Sales and Market Growth 2016-2021
17.3 South Korea Lawn Mowers Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Lawn Mowers Value and Market Growth 2016-2021
18.2 Australia Lawn Mowers Sales and Market Growth 2016-2021
18.3 Australia Lawn Mowers Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Lawn Mowers Value and Market Growth 2016-2021
19.2 Thailand Lawn Mowers Sales and Market Growth 2016-2021
19.3 Thailand Lawn Mowers Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Lawn Mowers Value and Market Growth 2016-2021
20.2 Brazil Lawn Mowers Sales and Market Growth 2016-2021
20.3 Brazil Lawn Mowers Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Lawn Mowers Value and Market Growth 2016-2021
21.2 Argentina Lawn Mowers Sales and Market Growth 2016-2021
21.3 Argentina Lawn Mowers Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Lawn Mowers Value and Market Growth 2016-2021
22.2 Chile Lawn Mowers Sales and Market Growth 2016-2021
22.3 Chile Lawn Mowers Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Lawn Mowers Value and Market Growth 2016-2021
23.2 South Africa Lawn Mowers Sales and Market Growth 2016-2021
23.3 South Africa Lawn Mowers Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Lawn Mowers Value and Market Growth 2016-2021
24.2 Egypt Lawn Mowers Sales and Market Growth 2016-2021
24.3 Egypt Lawn Mowers Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Lawn Mowers Value and Market Growth 2016-2021
25.2 UAE Lawn Mowers Sales and Market Growth 2016-2021
25.3 UAE Lawn Mowers Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Lawn Mowers Value and Market Growth 2016-2021
26.2 Saudi Arabia Lawn Mowers Sales and Market Growth 2016-2021
26.3 Saudi Arabia Lawn Mowers Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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