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Medical Furniture Market Analysis By Product(Beds, Chairs, Bedside and Operating Tables, Trolleys and Stretchers, Cabinets and Lockers), By Material(Wood, Metal, Plastics), By Distribution Channel(Online, Offline), By End Users(Hospitals, Ambulatory Surgical Centers, Diagnostic Laboratories, Clinics, Specialty Healthcare Centers) & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 206
  • CATEGORY
  • Healthcare & Life Sciences

The global medical furniture market size was valued at USD 28.0 billion in 2021 and is projected to reach around USD 45.0 billion in 2030 exhibiting a CAGR of 7.0% in the forecasted period. The rising patient pool due to growing prevalence of chronic diseases, increasing number of hospital admissions globally, favourable insurance and reimbursement scenarios are boosting the medical furniture are projected to increase the market growth. On the other hand, dearth of research and development in many nations, high durability outcomes into long term life span of the products and therefore, confines the repetitive purchase are some restraining factors limiting the growth.

The growing number of hospitals, diagnostic centers, specialty clinics, and other healthcare service providers coupled with rising number of fatal injury cases due to factors such as increasing road accidents and rising prevalence of chronic disorders are the major factors in up surging the demand for hospitalization which will positively influence the medical furniture market. Moreover, the growth in cases of physically challenged individuals demanding medical assistance and treatment often is among the major factors behind increasing number of hospitals in developed countries. As per Statista, the number of hospitals in 2009 was around 5,795 and show meagre decrease in 2012 reduction to 5,723 in the U.S. These hospitals would require to update their furniture as well as buy some new furniture in the upcoming future to meet industry standards. Additionally, as per Eurostat, increasing healthcare expenditures and patient pool due to growth in diseases would cause more hospital visits by the population resulting in monetary arrival in hospitals which will increase their buying abilities. Thus, these factors will lead to fuel the growth for medical furniture market.

The COVID-19 pandemic has appeared as a humanitarian as well as economic crisis, developing strain on the society and disturbing millions of people and industries. Business closures and people are asked to stay in their homes which caused a huge toll in terms of money and economic development. More than 4 million people affected worldwide, with 300 thousand losing their lives owing to SARS-CoV-2. Healthcare establishments were working in battle mode, organizing new plans to respond increasing COVID-19 patients, right from tracking rapid diagnosing kits to adequate PPE kits for workers. Most of the medical devices companies have started mass production of ventilators to decrease the gap between necessary ventilators and existing ventilators. Owing to diversion of medical field towards handling COVID-19, the funding to R&D events related to medical infrastructure has been decreased, manufacture of ventilators important for COVID-19 treatment has been selected and as a result, this segment have to face neglect subsequently resulting negative impact on medical furniture market.

Product Insights

The beds segment is predicted to hold maximum share by 2021. Through the forecasted period, factors such as increasing demand for beds in hospitals and other healthcare institutions, an upsurge in the number of patients admitted to hospitals for surgical processes, and enhanced patient stays in hospitals owing to slow injury healing rates will boost the market growth of this segment. Several manufacturers are manufacturing low-cost beds in response to the epidemic. Stryker, for instance, one of the world's top medical technology companies, revealed that it has developed a low-cost, inadequate-release emergency response bed to assist healthcare practitioners provide effective care during the COVID-19 pandemic.


DESCIMG1


Material Insights

The metal segment leads the market in 2021 and hold the largest share of more than 41% of the global revenue. Rising adoption along with the growing demand for metal furniture due to their excellent durability that provides comfort to medical staff, patients, visitors, and others. Furthermore, stainless steel contains anti-microbial properties for healthcare equipment and operating room. Hence, the wide use of metal-based furniture equipment is also projected to boost the segment growth. Moreover, steel is cost-effective. Hence, the furniture is durable, inexpensive, and long-lasting.

Furthermore, the wood segment is expected to witness a higher CAGR during the forecast period owing to its wide usage. Wooden furniture is favoured owing to its inherent warmth and appeal, wood's inherent organic qualities can offer thermal advantages and have a balancing impact on internal moisture and humidity. Wood is porous, so while the humidity is too high, it engages moisture, and when the humidity is too low, it releases moisture into the atmosphere.

Region Insights

North America is expected to have significant growth in the market and grasps highest market share in the region. The dominance is owing to factors like growth in the global prevalence of chronic diseases and greater adoption of technology and better equipment resulting for higher demand for advanced treatment is boosting the market in the US. Extreme rise in healthcare expenditure and great initiative to achieve better health outputs at lower costs, accessibility of a well-developed infrastructure, existence of major industry in the healthcare settings are the added factors development the market growth for medical furniture in the near future.

However, Asia Pacific is expected to witness the highest CAGR throughout the forecast period. Favourable government policies, such as reimbursements delivered for hospital furnishings and other equipment, are accredited for the enormous growth rate. Owing to growing rates of communicable diseases and public awareness of infectious diseases acquired in hospitals, China has the fastest growth in the Asia-Pacific area which upsurges the demand for hospital furniture, driving up prices. Japan has a robust healthcare system in terms of substructure, hospital supplies, hospital beds, and equipment, among other things, which has helped the total market to grasp a substantial market share, it leads the Asia-Pacific region.

Key Companies Insights

To stay competitive in the total market, players are using new approaches such as new product development, mergers and acquisitions, joint ventures, and geographic expansions.

Some of the key players working in the global medical furniture market include:

·         Stryker

·         Invacare Corporation

·         ARJO AB

·         Steris Plc.

·         Medline Industries, Inc.

·         Hill-Rom Holdings, Inc.

·         Drive DeVilbiss Healthcare

·         GF Health Products, Inc.

·         NAUSICAA Medical

·         Sunrise Medical (US) LLC

·         Herman Miller Furniture

·         Kovonox

·         Getinge AB

·         Other players

Some of the Recent Developments:

·         In December 2021, Hillrom gives a range of equipment to help with patient care, including patient lifts and smart beds.

·         In October 2020, Stryker launched ProCuity, the first and only completely wireless hospital bed in the market. This smart bed was made to help decline in-hospital patient falls across the board, rise nurse productivity and safety, and help in bringing down hospital expenses.

Segments

By Product

·         Beds

·         Chairs

·         Bedside and Operating Tables

·         Trolleys and Stretchers

·         Cabinets and Lockers

·         Others

By Material

·         Wood

·         Metal

·         Plastics

·         Others

By Distribution Channel

·         Online

·         Offline

By End Users

·         Hospitals

·         Ambulatory Surgical Centers

·         Diagnostic Laboratories

·         Clinics

·         Specialty Healthcare Centers

By Geography

·         North America

o   U.S.

o   Canada

o   Mexico

·         Europe

o   U.K.

o   Germany

o   France

o   Italy

o   Spain

o   Russia

·         Asia-Pacific

o   Japan

o   China

o   India

o   Australia

o   South Korea

o   ASEAN

·         Latin America

o   Brazil

o   Argentina

o   Colombia

·         MEA

o   South Africa

o   Saudi Arabia

o   UAE

o   Egypt


Reasons to Purchase Medical Furniture Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

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?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• 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 Medical Furniture Market Overview
1.1 Product Overview and Scope of Medical Furniture
1.2 Medical Furniture Segment by Type
1.2.1 Global Medical Furniture Sales Growth Rate Comparison by Type (2022-2030)
1.2.2 Beds
1.2.3 Cabinets
1.2.4 Chairs
1.2.5 Other
1.3 Medical Furniture Segment by Application
1.3.1 Medical Furniture Sales Comparison by Application: (2022-2030)
1.3.2 Home
1.3.3 Clinic
1.3.4 Hospital
1.4 Global Medical Furniture Market Size Estimates and Forecasts
1.4.1 Global Medical Furniture Revenue 2016-2030
1.4.2 Global Medical Furniture Sales 2016-2030
1.4.3 Medical Furniture Market Size by Region: 2016 Versus 2022 Versus 2030

2 Medical Furniture Market Competition by Manufacturers
2.1 Global Medical Furniture Sales Market Share by Manufacturers (2016-2021)
2.2 Global Medical Furniture Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Medical Furniture Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Medical Furniture Manufacturing Sites, Area Served, Product Type
2.5 Medical Furniture Market Competitive Situation and Trends
2.5.1 Medical Furniture Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Medical Furniture Players Market Share by Revenue
2.5.3 Global Medical Furniture Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans

3 Medical Furniture Retrospective Market Scenario by Region
3.1 Global Medical Furniture Retrospective Market Scenario in Revenue by Region: 2016-2021
3.2 Global Medical Furniture Retrospective Market Scenario in Sales by Region: 2016-2021
3.3 North America Medical Furniture Market Facts & Figures by Country
3.3.1 North America Medical Furniture Sales by Country
3.3.2 North America Medical Furniture Revenue by Country
3.3.3 U.S.
3.3.4 Canada
3.4 Europe Medical Furniture Market Facts & Figures by Country
3.4.1 Europe Medical Furniture Sales by Country
3.4.2 Europe Medical Furniture Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 U.K.
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Medical Furniture Market Facts & Figures by Region
3.5.1 Asia Pacific Medical Furniture Sales by Region
3.5.2 Asia Pacific Medical Furniture Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 Taiwan
3.5.9 Indonesia
3.5.10 Thailand
3.5.11 Malaysia
3.5.12 Philippines
3.5.13 Vietnam
3.6 Latin America Medical Furniture Market Facts & Figures by Country
3.6.1 Latin America Medical Furniture Sales by Country
3.6.2 Latin America Medical Furniture Revenue by Country
3.6.3 Mexico
3.6.4 Brazil
3.6.5 Argentina
3.7 Middle East and Africa Medical Furniture Market Facts & Figures by Country
3.7.1 Middle East and Africa Medical Furniture Sales by Country
3.7.2 Middle East and Africa Medical Furniture Revenue by Country
3.7.3 Turkey
3.7.4 Saudi Arabia
3.7.5 U.A.E
4 Global Medical Furniture Historic Market Analysis by Type
4.1 Global Medical Furniture Sales Market Share by Type (2016-2021)
4.2 Global Medical Furniture Revenue Market Share by Type (2016-2021)
4.3 Global Medical Furniture Price by Type (2016-2021)

5 Global Medical Furniture Historic Market Analysis by Application
5.1 Global Medical Furniture Sales Market Share by Application (2016-2021)
5.2 Global Medical Furniture Revenue Market Share by Application (2016-2021)
5.3 Global Medical Furniture Price by Application (2016-2021)

6 Key Companies Profiled
6.1 Herman Miller
6.1.1 Herman Miller Corporation Information
6.1.2 Herman Miller Description and Business Overview
6.1.3 Herman Miller Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.1.4 Herman Miller Product Portfolio
6.1.5 Herman Miller Recent Developments/Updates
6.2 Getinge
6.2.1 Getinge Corporation Information
6.2.2 Getinge Description and Business Overview
6.2.3 Getinge Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.2.4 Getinge Product Portfolio
6.2.5 Getinge Recent Developments/Updates
6.3 Steelcase
6.3.1 Steelcase Corporation Information
6.3.2 Steelcase Description and Business Overview
6.3.3 Steelcase Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.3.4 Steelcase Product Portfolio
6.3.5 Steelcase Recent Developments/Updates
6.4 Albert Massaad
6.4.1 Albert Massaad Corporation Information
6.4.2 Albert Massaad Description and Business Overview
6.4.3 Albert Massaad Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Albert Massaad Product Portfolio
6.4.5 Albert Massaad Recent Developments/Updates
6.5 Narang
6.5.1 Narang Corporation Information
6.5.2 Narang Description and Business Overview
6.5.3 Narang Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.5.4 Narang Product Portfolio
6.5.5 Narang Recent Developments/Updates
6.6 Ocura
6.6.1 Ocura Corporation Information
6.6.2 Ocura Description and Business Overview
6.6.3 Ocura Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.6.4 Ocura Product Portfolio
6.6.5 Ocura Recent Developments/Updates
6.7 Paramount Bed
6.6.1 Paramount Bed Corporation Information
6.6.2 Paramount Bed Description and Business Overview
6.6.3 Paramount Bed Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Paramount Bed Product Portfolio
6.7.5 Paramount Bed Recent Developments/Updates
6.8 Hill-Rom
6.8.1 Hill-Rom Corporation Information
6.8.2 Hill-Rom Description and Business Overview
6.8.3 Hill-Rom Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.8.4 Hill-Rom Product Portfolio
6.8.5 Hill-Rom Recent Developments/Updates
6.9 Stryker
6.9.1 Stryker Corporation Information
6.9.2 Stryker Description and Business Overview
6.9.3 Stryker Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.9.4 Stryker Product Portfolio
6.9.5 Stryker Recent Developments/Updates
6.10 Linet Group
6.10.1 Linet Group Corporation Information
6.10.2 Linet Group Description and Business Overview
6.10.3 Linet Group Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.10.4 Linet Group Product Portfolio
6.10.5 Linet Group Recent Developments/Updates
6.11 Stiegelmeyer
6.11.1 Stiegelmeyer Corporation Information
6.11.2 Stiegelmeyer Medical Furniture Description and Business Overview
6.11.3 Stiegelmeyer Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.11.4 Stiegelmeyer Product Portfolio
6.11.5 Stiegelmeyer Recent Developments/Updates
6.12 Joerns
6.12.1 Joerns Corporation Information
6.12.2 Joerns Medical Furniture Description and Business Overview
6.12.3 Joerns Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.12.4 Joerns Product Portfolio
6.12.5 Joerns Recent Developments/Updates
6.13 ArjoHuntleigh
6.13.1 ArjoHuntleigh Corporation Information
6.13.2 ArjoHuntleigh Medical Furniture Description and Business Overview
6.13.3 ArjoHuntleigh Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.13.4 ArjoHuntleigh Product Portfolio
6.13.5 ArjoHuntleigh Recent Developments/Updates
6.14 France Bed
6.14.1 France Bed Corporation Information
6.14.2 France Bed Medical Furniture Description and Business Overview
6.14.3 France Bed Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.14.4 France Bed Product Portfolio
6.14.5 France Bed Recent Developments/Updates
6.15 Pardo
6.15.1 Pardo Corporation Information
6.15.2 Pardo Medical Furniture Description and Business Overview
6.15.3 Pardo Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.15.4 Pardo Product Portfolio
6.15.5 Pardo Recent Developments/Updates
6.16 Guldmann
6.16.1 Guldmann Corporation Information
6.16.2 Guldmann Medical Furniture Description and Business Overview
6.16.3 Guldmann Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.16.4 Guldmann Product Portfolio
6.16.5 Guldmann Recent Developments/Updates
6.17 Merivaara
6.17.1 Merivaara Corporation Information
6.17.2 Merivaara Medical Furniture Description and Business Overview
6.17.3 Merivaara Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.17.4 Merivaara Product Portfolio
6.17.5 Merivaara Recent Developments/Updates
6.18 Med-Mizer
6.18.1 Med-Mizer Corporation Information
6.18.2 Med-Mizer Medical Furniture Description and Business Overview
6.18.3 Med-Mizer Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.18.4 Med-Mizer Product Portfolio
6.18.5 Med-Mizer Recent Developments/Updates
6.19 Bazhou Greatwall
6.19.1 Bazhou Greatwall Corporation Information
6.19.2 Bazhou Greatwall Medical Furniture Description and Business Overview
6.19.3 Bazhou Greatwall Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.19.4 Bazhou Greatwall Product Portfolio
6.19.5 Bazhou Greatwall Recent Developments/Updates
6.20 SjzManyou
6.20.1 SjzManyou Corporation Information
6.20.2 SjzManyou Medical Furniture Description and Business Overview
6.20.3 SjzManyou Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.20.4 SjzManyou Product Portfolio
6.20.5 SjzManyou Recent Developments/Updates
6.21 HbYangguang
6.21.1 HbYangguang Corporation Information
6.21.2 HbYangguang Medical Furniture Description and Business Overview
6.21.3 HbYangguang Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.21.4 HbYangguang Product Portfolio
6.21.5 HbYangguang Recent Developments/Updates
6.22 BjKangtuo
6.22.1 BjKangtuo Corporation Information
6.22.2 BjKangtuo Medical Furniture Description and Business Overview
6.22.3 BjKangtuo Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.22.4 BjKangtuo Product Portfolio
6.22.5 BjKangtuo Recent Developments/Updates
6.23 Haohan
6.23.1 Haohan Corporation Information
6.23.2 Haohan Medical Furniture Description and Business Overview
6.23.3 Haohan Medical Furniture Sales, Revenue and Gross Margin (2016-2021)
6.23.4 Haohan Product Portfolio
6.23.5 Haohan Recent Developments/Updates

7 Medical Furniture Manufacturing Cost Analysis
7.1 Medical Furniture Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Medical Furniture
7.4 Medical Furniture Industrial Chain Analysis

8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Medical Furniture Distributors List
8.3 Medical Furniture Customers

9 Medical Furniture Market Dynamics
9.1 Medical Furniture Industry Trends
9.2 Medical Furniture Growth Drivers
9.3 Medical Furniture Market Challenges
9.4 Medical Furniture Market Restraints

10 Global Market Forecast
10.1 Medical Furniture Market Estimates and Projections by Type
10.1.1 Global Forecasted Sales of Medical Furniture by Type (2022-2030)
10.1.2 Global Forecasted Revenue of Medical Furniture by Type (2022-2030)
10.2 Medical Furniture Market Estimates and Projections by Application
10.2.1 Global Forecasted Sales of Medical Furniture by Application (2022-2030)
10.2.2 Global Forecasted Revenue of Medical Furniture by Application (2022-2030)
10.3 Medical Furniture Market Estimates and Projections by Region
10.3.1 Global Forecasted Sales of Medical Furniture by Region (2022-2030)
10.3.2 Global Forecasted Revenue of Medical Furniture by Region (2022-2030)

11 Research Finding and Conclusion

12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Author List
12.4 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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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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