Global Propylene Glycol (PG) Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/1/2022
- NO OF PAGES
- 282
- CATEGORY
- Chemicals & Materials
The Propylene Glycol (PG) market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Propylene Glycol (PG) market. On the basis of historic growth analysis and current scenario of Propylene Glycol (PG) market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Propylene Glycol (PG) market. This further helps user with their developmental strategy.
This report examines all the key factors influencing growth of global Propylene Glycol (PG) market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Propylene Glycol (PG) market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Propylene Glycol (PG) Market: Major Players
Polioles
Lyondell Basell Industries
Shandong Shida Shenghua Chemical
Dow
ADEKA
CNOOC and Shell Petrochemicals
Sumitomo Chemical
Hi-tech Spring Chemical
Daze Group
ADM
Tongling Jintai Chemical
Repsol
Shell
BASF
Asahi
SKC
DuPont (Tate ＆Lyle )
Oelon
Huntsman
Shandong Depu Chemical
Global Propylene Glycol (PG) Market: Types
Industrial Grade
Food Grade
Pharmaceutical Grade
Global Propylene Glycol (PG) Market: Applications
UPR
PPG
Pharmaceuticals and Food
Others
Global Propylene Glycol (PG) 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 Propylene Glycol (PG) 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.
Key Points:
Define, describe and forecast Propylene Glycol (PG) product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Base Year: 2023This report examines all the key factors influencing growth of global Propylene Glycol (PG) market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Propylene Glycol (PG) market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Propylene Glycol (PG) Market: Major Players
Polioles
Lyondell Basell Industries
Shandong Shida Shenghua Chemical
Dow
ADEKA
CNOOC and Shell Petrochemicals
Sumitomo Chemical
Hi-tech Spring Chemical
Daze Group
ADM
Tongling Jintai Chemical
Repsol
Shell
BASF
Asahi
SKC
DuPont (Tate ＆Lyle )
Oelon
Huntsman
Shandong Depu Chemical
Global Propylene Glycol (PG) Market: Types
Industrial Grade
Food Grade
Pharmaceutical Grade
Global Propylene Glycol (PG) Market: Applications
UPR
PPG
Pharmaceuticals and Food
Others
Global Propylene Glycol (PG) 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 Propylene Glycol (PG) 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.
Key Points:
Define, describe and forecast Propylene Glycol (PG) product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Historic Year: 2016-2022
Forecast: 2024-2035
1 Propylene Glycol (PG) Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Propylene Glycol (PG)
1.3 Propylene Glycol (PG) Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Propylene Glycol (PG)
1.4.2 Applications of Propylene Glycol (PG)
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Polioles Market Performance Analysis
3.1.1 Polioles 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 Polioles Sales, Value, Price, Gross Margin 2016-2021
3.2 Lyondell Basell Industries Market Performance Analysis
3.2.1 Lyondell Basell Industries 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 Lyondell Basell Industries Sales, Value, Price, Gross Margin 2016-2021
3.3 Shandong Shida Shenghua Chemical Market Performance Analysis
3.3.1 Shandong Shida Shenghua Chemical 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 Shandong Shida Shenghua Chemical Sales, Value, Price, Gross Margin 2016-2021
3.4 Dow Market Performance Analysis
3.4.1 Dow 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 Dow Sales, Value, Price, Gross Margin 2016-2021
3.5 ADEKA Market Performance Analysis
3.5.1 ADEKA 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 ADEKA Sales, Value, Price, Gross Margin 2016-2021
3.6 CNOOC and Shell Petrochemicals Market Performance Analysis
3.6.1 CNOOC and Shell Petrochemicals 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 CNOOC and Shell Petrochemicals Sales, Value, Price, Gross Margin 2016-2021
3.7 Sumitomo Chemical Market Performance Analysis
3.7.1 Sumitomo Chemical 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 Sumitomo Chemical Sales, Value, Price, Gross Margin 2016-2021
3.8 Hi-tech Spring Chemical Market Performance Analysis
3.8.1 Hi-tech Spring Chemical 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 Hi-tech Spring Chemical Sales, Value, Price, Gross Margin 2016-2021
3.9 Daze Group Market Performance Analysis
3.9.1 Daze Group 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 Daze Group Sales, Value, Price, Gross Margin 2016-2021
3.10 ADM Market Performance Analysis
3.10.1 ADM 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 ADM Sales, Value, Price, Gross Margin 2016-2021
3.11 Tongling Jintai Chemical Market Performance Analysis
3.11.1 Tongling Jintai Chemical 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 Tongling Jintai Chemical Sales, Value, Price, Gross Margin 2016-2021
3.12 Repsol Market Performance Analysis
3.12.1 Repsol 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 Repsol Sales, Value, Price, Gross Margin 2016-2021
3.13 Shell Market Performance Analysis
3.13.1 Shell 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 Shell Sales, Value, Price, Gross Margin 2016-2021
3.14 BASF Market Performance Analysis
3.14.1 BASF 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 BASF Sales, Value, Price, Gross Margin 2016-2021
3.15 Asahi Market Performance Analysis
3.15.1 Asahi 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 Asahi Sales, Value, Price, Gross Margin 2016-2021
3.16 SKC Market Performance Analysis
3.16.1 SKC 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 SKC Sales, Value, Price, Gross Margin 2016-2021
3.17 DuPont (Tate ＆Lyle ) Market Performance Analysis
3.17.1 DuPont (Tate ＆Lyle ) 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 DuPont (Tate ＆Lyle ) Sales, Value, Price, Gross Margin 2016-2021
3.18 Oelon Market Performance Analysis
3.18.1 Oelon 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 Oelon Sales, Value, Price, Gross Margin 2016-2021
3.19 Huntsman Market Performance Analysis
3.19.1 Huntsman 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 Huntsman Sales, Value, Price, Gross Margin 2016-2021
3.20 Shandong Depu Chemical Market Performance Analysis
3.20.1 Shandong Depu Chemical 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 Shandong Depu Chemical Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Propylene Glycol (PG) Production and Value by Type
4.1.1 Global Propylene Glycol (PG) Production by Type 2016-2021
4.1.2 Global Propylene Glycol (PG) Market Value by Type 2016-2021
4.2 Global Propylene Glycol (PG) Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Industrial Grade Market Production, Value and Growth Rate
4.2.2 Food Grade Market Production, Value and Growth Rate
4.2.3 Pharmaceutical Grade Market Production, Value and Growth Rate
4.3 Global Propylene Glycol (PG) Production and Value Forecast by Type
4.3.1 Global Propylene Glycol (PG) Production Forecast by Type 2021-2026
4.3.2 Global Propylene Glycol (PG) Market Value Forecast by Type 2021-2026
4.4 Global Propylene Glycol (PG) Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Industrial Grade Market Production, Value and Growth Rate Forecast
4.4.2 Food Grade Market Production, Value and Growth Rate Forecast
4.4.3 Pharmaceutical Grade Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Propylene Glycol (PG) Consumption and Value by Application
5.1.1 Global Propylene Glycol (PG) Consumption by Application 2016-2021
5.1.2 Global Propylene Glycol (PG) Market Value by Application 2016-2021
5.2 Global Propylene Glycol (PG) Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 UPR Market Consumption, Value and Growth Rate
5.2.2 PPG Market Consumption, Value and Growth Rate
5.2.3 Pharmaceuticals and Food Market Consumption, Value and Growth Rate
5.2.4 Others Market Consumption, Value and Growth Rate
5.3 Global Propylene Glycol (PG) Consumption and Value Forecast by Application
5.3.1 Global Propylene Glycol (PG) Consumption Forecast by Application 2021-2026
5.3.2 Global Propylene Glycol (PG) Market Value Forecast by Application 2021-2026
5.4 Global Propylene Glycol (PG) Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 UPR Market Consumption, Value and Growth Rate Forecast
5.4.2 PPG Market Consumption, Value and Growth Rate Forecast
5.4.3 Pharmaceuticals and Food Market Consumption, Value and Growth Rate Forecast
5.4.4 Others Market Consumption, Value and Growth Rate Forecast
6 Global Propylene Glycol (PG) by Region, Historical Data and Market Forecasts
6.1 Global Propylene Glycol (PG) Sales by Region 2016-2021
6.2 Global Propylene Glycol (PG) Market Value by Region 2016-2021
6.3 Global Propylene Glycol (PG) 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 Propylene Glycol (PG) Sales Forecast by Region 2021-2026
6.5 Global Propylene Glycol (PG) Market Value Forecast by Region 2021-2026
6.6 Global Propylene Glycol (PG) 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 Propylene Glycol (PG) Value and Market Growth 2016-2021
7.2 United State Propylene Glycol (PG) Sales and Market Growth 2016-2021
7.3 United State Propylene Glycol (PG) Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Propylene Glycol (PG) Value and Market Growth 2016-2021
8.2 Canada Propylene Glycol (PG) Sales and Market Growth 2016-2021
8.3 Canada Propylene Glycol (PG) Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Propylene Glycol (PG) Value and Market Growth 2016-2021
9.2 Germany Propylene Glycol (PG) Sales and Market Growth 2016-2021
9.3 Germany Propylene Glycol (PG) Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Propylene Glycol (PG) Value and Market Growth 2016-2021
10.2 UK Propylene Glycol (PG) Sales and Market Growth 2016-2021
10.3 UK Propylene Glycol (PG) Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Propylene Glycol (PG) Value and Market Growth 2016-2021
11.2 France Propylene Glycol (PG) Sales and Market Growth 2016-2021
11.3 France Propylene Glycol (PG) Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Propylene Glycol (PG) Value and Market Growth 2016-2021
12.2 Italy Propylene Glycol (PG) Sales and Market Growth 2016-2021
12.3 Italy Propylene Glycol (PG) Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Propylene Glycol (PG) Value and Market Growth 2016-2021
13.2 Spain Propylene Glycol (PG) Sales and Market Growth 2016-2021
13.3 Spain Propylene Glycol (PG) Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Propylene Glycol (PG) Value and Market Growth 2016-2021
14.2 Russia Propylene Glycol (PG) Sales and Market Growth 2016-2021
14.3 Russia Propylene Glycol (PG) Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Propylene Glycol (PG) Value and Market Growth 2016-2021
15.2 China Propylene Glycol (PG) Sales and Market Growth 2016-2021
15.3 China Propylene Glycol (PG) Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Propylene Glycol (PG) Value and Market Growth 2016-2021
16.2 Japan Propylene Glycol (PG) Sales and Market Growth 2016-2021
16.3 Japan Propylene Glycol (PG) Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Propylene Glycol (PG) Value and Market Growth 2016-2021
17.2 South Korea Propylene Glycol (PG) Sales and Market Growth 2016-2021
17.3 South Korea Propylene Glycol (PG) Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Propylene Glycol (PG) Value and Market Growth 2016-2021
18.2 Australia Propylene Glycol (PG) Sales and Market Growth 2016-2021
18.3 Australia Propylene Glycol (PG) Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Propylene Glycol (PG) Value and Market Growth 2016-2021
19.2 Thailand Propylene Glycol (PG) Sales and Market Growth 2016-2021
19.3 Thailand Propylene Glycol (PG) Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Propylene Glycol (PG) Value and Market Growth 2016-2021
20.2 Brazil Propylene Glycol (PG) Sales and Market Growth 2016-2021
20.3 Brazil Propylene Glycol (PG) Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Propylene Glycol (PG) Value and Market Growth 2016-2021
21.2 Argentina Propylene Glycol (PG) Sales and Market Growth 2016-2021
21.3 Argentina Propylene Glycol (PG) Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Propylene Glycol (PG) Value and Market Growth 2016-2021
22.2 Chile Propylene Glycol (PG) Sales and Market Growth 2016-2021
22.3 Chile Propylene Glycol (PG) Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Propylene Glycol (PG) Value and Market Growth 2016-2021
23.2 South Africa Propylene Glycol (PG) Sales and Market Growth 2016-2021
23.3 South Africa Propylene Glycol (PG) Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Propylene Glycol (PG) Value and Market Growth 2016-2021
24.2 Egypt Propylene Glycol (PG) Sales and Market Growth 2016-2021
24.3 Egypt Propylene Glycol (PG) Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Propylene Glycol (PG) Value and Market Growth 2016-2021
25.2 UAE Propylene Glycol (PG) Sales and Market Growth 2016-2021
25.3 UAE Propylene Glycol (PG) Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Propylene Glycol (PG) Value and Market Growth 2016-2021
26.2 Saudi Arabia Propylene Glycol (PG) Sales and Market Growth 2016-2021
26.3 Saudi Arabia Propylene Glycol (PG) 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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