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Indian Textile Industry's Management Model Response to US Tariffs
Indian Textile Industry's Management Model Response to US Tariffs

Fashion Value Chain

time02-05-2025

  • Business
  • Fashion Value Chain

Indian Textile Industry's Management Model Response to US Tariffs

Ms. Ananya Tiwari, Post-Graduate Academic Scholar in Fashion Management, National Institute of Fashion Technology, Ministry of Textiles, Daman campus Dr Vidhu Sekhar P, Assistant Professor, Department of Fashion Management Studies, National Institute of Fashion Technology, Ministry of Textiles, Daman campus Abstract With the impending 2025 U.S. tariffs changing the dynamics of international trade, the Indian textile sector is once again in the news. To protect their companies, 3 significant Indian textile companies—Welspun Living, Gokaldas Exports, and Faze Three—are acting proactively and dynamically. This article examines the practical applications of textbook management models, such as Porter's Five Forces, Ansoff Matrix, and Risk Management, by these companies. This case provides a unique real-time illustration of operational resilience and strategic agility for management students. It sheds light on how companies apply theoretical frameworks to turn outside threats into expansion prospects. Keywords Strategic Management, Indian Textile Industry, Porter's Five Forces, Ansoff Matrix, Risk Mitigation, Global Trade, Textile Exports, Business Strategy. Introduction The fortunes of the textile industry have always been significantly influenced by global trade policies. Indian textile exporters face a more complicated environment as the United States increases tariffs in 2025. As a result, businesses are showing how fundamental management concepts, which are usually taught in business schools, have real-world applications. This article demonstrates how strategic models and frameworks can be useful tools for success and survival using the examples of five top businesses. Application of Porter's Five Forces Understanding the competitive forces operating within an industry is made easier with the aid of Michael Porter's Five Forces model. This model is being strategically used by Indian textile companies to reconsider their stances and lessen pressure. For example, by purchasing BRFL Textiles, Gokaldas Exports addressed supplier power, a significant issue in manufacturing. They have direct control over material inputs thanks to vertical integration, which guarantees stability in both cost and quality. Similarly, by setting up a manufacturing facility in the United States, Welspun Living diminished the purchasing power of consumers. Welspun improves margins by negotiating directly with major U.S. retailers and avoiding traditional importers by relocating closer to its major markets. Furthermore, by concentrating on the niche home textiles market, Faze Three has set itself apart and successfully reduced the threat of substitutes. Premium and specialized products encourage brand loyalty and lessen the likelihood that customers will switch. The following table neatly summarizes the strategic responses mapped to Porter's Five Forces: Company Strategic Move Porter's Force Addressed Gokaldas Exports Investment in BRFL Textiles (fabric sourcing) Lower supplier power Welspun Living U.S. manufacturing unit Lower buyer power Faze Three Focus on niche home textiles Lower substitute threat These examples show how a theoretical framework can help direct how businesses react to outside market forces. Application of Ansoff Matrix Strategies Another traditional framework that aids businesses in choosing between diversification, product development, market expansion, and market penetration is the Ansoff Matrix. These tactics are being used selectively by Indian textile exporters according to their market opportunities and competitive advantages. By entering new geographic markets like the U.S. and Europe, Indo Count and K.P.R. Mill are utilizing market development strategies. Their objective is to present current product lines—mainly clothing and bed linens—to new markets. Faze Three, meanwhile, is notable for its approach to product development. In a crowded market, it maintains the novelty and appeal of its product offerings by concentrating on cutting-edge home textile solutions, such as sustainable and functional fabrics. Welspun Living uses related diversification to combine strategies. By introducing complementary goods like pillows, it maximizes cross-selling opportunities while simultaneously strengthening its current market presence and catering to new consumer demands. This strategic mapping can be observed here: Growth Strategy Company Action Market Development Indo Count, K.P.R. Mill Expand in U.S. and Europe Product Development Faze Three Innovate niche textiles Related Diversification Welspun Living New products (pillows) in new geographies These businesses show an organized approach to growth in the face of uncertainty by adhering to Ansoff's guidelines. Focus on Risk Management With growing geopolitical tensions and protectionist policies, risk management has become a key component of textile companies' strategies. To protect their operations, businesses are identifying critical risks and constructing tactical hedges. An excellent illustration of operational risk mitigation is Welspun Living's decision to build a factory in the United States. The company safeguards itself against future tariff shocks and logistical disruptions by manufacturing within the borders of the United States. In order to improve its financial stability and withstand economic shocks, credit tightening, and rising interest rates, the company has simultaneously proactively concentrated on debt reduction. Gokaldas Exports is using vertical integration to reduce supply chain risks. By protecting its raw material sources, Gokaldas lessens its dependency on erratic outside vendors, guaranteeing availability and cost containment. The actions of these firms in response to risk factors can be captured as follows: External Factor Company Strategic Response US Tariffs Welspun Living Set up a U.S. factory to mitigate trade barriers Reduced debt to strengthen financial stability Gokaldas Exports Secured supply chain through vertical integration Even in the face of difficult macroeconomic circumstances, these risk responses guarantee long-term survival and establish a sustainable competitive advantage. Conclusion The significance of strategic thinking based on academic models is demonstrated by the example of Indian textile companies getting ready for the 2025 U.S. tariffs. Businesses are demonstrating incredible agility and foresight through the practical application of the Ansoff Matrix, Porter's Five Forces, and risk management techniques. These examples provide real-world case studies of how theoretical knowledge must change to meet changing real-world business challenges for management students and aspiring industry leaders. In today's unstable global marketplace, the capacity to foresee, innovate, and manage risk is not only a competitive advantage but also a need. As a result, the Indian textile industry, which is frequently thought of as traditional and labour-intensive, is becoming a dynamic arena for contemporary strategic management techniques. References

Energy Retrofit Market Poised for $56 Billion Growth by 2029
Energy Retrofit Market Poised for $56 Billion Growth by 2029

Yahoo

time25-03-2025

  • Business
  • Yahoo

Energy Retrofit Market Poised for $56 Billion Growth by 2029

"Energy retrofits improve building efficiency by reducing energy consumption and costs. They play a crucial role in driving sustainability and growth in global markets for commercial and public buildings." BOSTON, March 25, 2025 /PRNewswire/ -- According to the latest study from BCC Research, the demand for Energy Retrofits for Commercial and Public Buildings: Global Markets is growing from $134.7 billion in 2024 to $191.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.3% from 2024 through 2029. This report analyzes the energy retrofit market by retrofit type, product and building type, highlighting key technologies, regulations and market trends. It includes a patent review, Porter's Five Forces analysis, ESG developments, and profiles of leading companies. Regional coverage spans North America, Europe, Asia-Pacific, and the Rest of the World, with detailed insights into countries such as the U.S., Germany, the U.K., and China. The study uses 2023 as the base year, provides projections from 2024 to 2029, and excludes residential and industrial buildings. All values are presented in millions of dollars. Interesting facts Retrofitting older buildings can cut global energy use by nearly 40%, according to the World Economic Forum. In 2023, over 8,800 U.S. commercial buildings earned Energy Star ratings, saving $2.2 billion and reducing 5.7 million metric tons of greenhouse gas (GHG) emissions. Buildings account for 39% of global energy-related carbon emissions—28% from operations (heating, cooling, and power) and 11% from materials and construction, according to the World Green Building Council. Factors contributing to the market's growth include: Government regulations and incentives that improve energy efficiency in buildings: Governments are introducing regulations and incentives to encourage energy-efficient upgrades in buildings. These measures help reduce energy consumption, lower costs, and support sustainability goals. Initiatives that reduce GHG emissions are increasing: More initiatives are being launched globally to reduce GHG emissions and fight climate change. These efforts focus on cleaner technologies and sustainable practices to protect the environment. Growing focus on how to harness power from clean energy sources: The world is increasingly focusing on harnessing clean energy sources such as solar, wind, and hydropower to reduce reliance on fossil fuels. These efforts aim to create a more sustainable and eco-friendly energy future. Technological innovations in energy retrofit systems: Technological innovations in energy retrofit systems are helping buildings become more energy-efficient and eco-friendly. These advances include smarter insulation, energy-saving windows, and upgraded heating and cooling systems. Request a sample copy of Energy Retrofits for Commercial and Public Buildings: Global Markets Report Synopsis Report Metric Details Base year considered 2023 Forecast period considered 2024-2029 Base year market size $126.5 billion Market size forecast $191.3 billion Growth rate CAGR of 7.3% from 2024 to 2029 Segments covered By retrofit type, product type, building type, and region Regions covered North America, Europe, Asia-Pacific, and the Rest of the World (South America, the Middle East and Africa) Market drivers • Government regulations and incentives that improve energy efficiency in buildings. • Initiatives that reduce GHG emissions are increasing. • Growing focus on how to harness power from clean energy sources. • Technological innovations in energy retrofit systems. This report addresses the following questions: 1. What is the projected market size and growth rate?The projected market size in 2029 is $191.3 billion, and the market's CAGR is 7.3% during the forecast period. 2. What factors are driving the growth of the market?Supportive government regulations and incentives to improve energy efficiency in buildings, growing initiatives to reduce GHG emissions and Increasing focus on harnessing power from clean energy sources. 3. What market segments are covered in the report?Retrofit type, product type, building type and region. 4. Which product type segment will be dominant in 2029?The building envelope segment will lead the market in 2029. 5. Which region has the largest market share in the market?Europe holds the largest share of the global market. Leading companies in the market include: AECOM Ameresco American Hydrotech Inc. Carrier Copeland LP Daikin Industries Ltd. Eaton Honeywell International Inc. Johnson Controls Lennox International Inc. Metrus Energy Inc. Orion Energy Systems Inc. Schneider Electric Signify Holding Trane Technologies Plc. Purchase a copy of the report direct from BCC Research. For further information on these reports or to purchase one, please contact info@ About BCC Research BCC Research market research reports provide objective, unbiased measurement and assessment of market opportunities. Our experienced industry analysts' goal is to help readers make informed business decisions, free of noise and hype. Contact Us Corporate HQ: 50 Milk St., Ste. 16, Boston, MA 02109, USAEmail: info@ +1 781-489-7301 For media inquiries, email press@ or visit our media page for access to our market research library. Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. Logo - View original content to download multimedia: SOURCE BCC Research LLC Sign in to access your portfolio

Construction Market to grow by USD 1.18 Trillion from 2024-2028, Driven by Rising Residential and Commercial Projects, Report on AI Role in Transformation
Construction Market to grow by USD 1.18 Trillion from 2024-2028, Driven by Rising Residential and Commercial Projects, Report on AI Role in Transformation

Yahoo

time14-02-2025

  • Business
  • Yahoo

Construction Market to grow by USD 1.18 Trillion from 2024-2028, Driven by Rising Residential and Commercial Projects, Report on AI Role in Transformation

NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The construction market and it is set to grow by USD 1.18 trillion from 2024 to 2028. However, the growth momentum will progressing at a CAGR of 5.3% during the forecast period, according to Technavio. The construction market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. ACS Actividades de Construccion Y Servicios SA, AECOM, BAUER AG, Bechtel Corp., Bouygues Construction SA, China State Construction Engrg. Corp. Ltd., Clark Construction Group LLC, Etex NV, Fluor Corp., Gilbane Inc., Hindustan Construction Co. Ltd, Jacobs Solutions Inc., Larsen and Toubro Ltd., Lendlease Corp. Ltd., M. A. Mortenson Co., McCarthy Building Companies Inc., PCL Constructors Inc., Shimizu Corp., Skanska AB, Turner Construction Co., and Vinci are some of the major market participants -. To know about the vendor offerings - Request a sample report Construction Market 2024-2028: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The construction market report covers the following areas: Construction Market Size Construction Market Trends Construction Market Industry Analysis Porter's Five Forces Analysis Customer Landscape The construction market is fragmented, and the degree of fragmentation will accelerate. The increase in residential and commercial infrastructure projects will offer immense growth opportunities. However, the High cost of construction machinery will hamper the market growth Construction Market 2024-2028: Drivers & Challenges The global construction market is experiencing notable growth due to the increasing number of residential and commercial infrastructure projects. This trend is attributed to urbanization, population growth, and the demand for contemporary living and working spaces. For instance, in January 2023, Godrej Properties announced the acquisition of a 60-acre land parcel in Chennai, India, for a large-scale residential project. This development, encompassing around 1.6 million square feet of saleable area, primarily focuses on residential plots. This strategic move signifies the company's response to the escalating housing demand, aiming to expand its presence in the residential sector. The global construction market encounters a substantial challenge due to the high expenses associated with acquiring construction machinery. This issue significantly affects project budgets, timelines, and overall profitability, making it a major concern for industry players. Machinery costs vary significantly based on equipment size and type. For instance, small excavators cost between USD100,000 and USD200,000, while medium-sized bulldozers range from USD200,000 to USD500,000. Large cranes, essential for heavy lifting and extensive projects, are priced between USD500,000 and USD1,000,000. Heavy-duty trucks, vital for transporting materials and equipment, cost between USD100,000 and USD500,000. Road graders, necessary for creating smooth surfaces, are approximately priced between USD150,000 and USD300,000. These machinery costs pose a considerable challenge to construction market profitability. To learn more about the global trends impacting the future of market research, download a PDF sample Segment Overview This construction market report extensively covers market segmentation by Type End-user Geography 1.1 Buildings construction- The global construction market is divided into various sectors, with building construction being a major and continually evolving segment. This segment includes residential, commercial, and multifamily buildings, each contributing significantly to the market's expansion. For instance, in July 2022, Ivanhoe Cambridge and Hines formed a strategic joint venture to create, manage, and operate top-notch multifamily buildings in Sao Paulo, Brazil. With an investment capacity of approximately USD750 million in equity, this venture aims to deliver superior amenities and international-standard products and services, addressing a crucial need for purpose-built rental projects in the market. In October 2024, DLF, a renowned Indian real estate developer, introduced several new construction projects, illustrating the versatility of building construction. These projects consist of: 1. DLF Privana South Sector 77 Gurgaon: A residential project featuring modern designs and interiors, catering to the increasing demand for contemporary living spaces. 2. Lux5: Designed for the affluent market, this project boasts premium price points, underscoring the escalating preference for upscale residential properties. 3. DLF The Ultima: A commercial development in Gurgaon, recognized for its award-winning design and budget-friendly living options, highlighting the balance of aesthetic appeal and affordability in commercial construction. 4. DLF Gardencity Enclave Road: Currently under construction in Sector 93, Gurgaon, in 2023, this project further demonstrates the ongoing growth in residential construction. The building construction sector is fueled by factors such as urbanization, population growth, and the increasing requirement for modern infrastructure. Residential construction is particularly influenced by the burgeoning demand for housing, driven by demographic shifts and economic expansion. Multifamily buildings, like those developed by Ivanhoe Cambridge and Hines, cater to the growing trend of rental properties in urban areas, offering convenience and superior living standards. To learn more, request a FREE sample Construction Market 2024-2028: Key Highlights CAGR of the market during the forecast period 2024-2028 Detailed information on factors that will assist construction market growth during the next five years Estimation of the construction market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the construction market across APAC, Europe, North America, Middle East and Africa, and South America Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of construction market vendors Construction Market Scope Report Coverage Details Base year 2023 Historic period 2017-2021 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 5.3% Market growth 2024-2028 USD 1179.2 billion Market structure Fragmented YoY growth 2022-2023 (%) 4.9 Regional analysis APAC, Europe, North America, Middle East and Africa, and South America Performing market contribution APAC at 48% Key countries China, US, Germany, India, Japan, France, Brazil, Canada, South Korea, and UK Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled ACS Actividades de Construccion Y Servicios SA, AECOM, BAUER AG, Bechtel Corp., Bouygues Construction SA, China State Construction Engrg. Corp. Ltd., Clark Construction Group LLC, Etex NV, Fluor Corp., Gilbane Inc., Hindustan Construction Co. Ltd, Jacobs Solutions Inc., Larsen and Toubro Ltd., Lendlease Corp. Ltd., M. A. Mortenson Co., McCarthy Building Companies Inc., PCL Constructors Inc., Shimizu Corp., Skanska AB, Turner Construction Co., and Vinci Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About USTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@ View original content to download multimedia: SOURCE Technavio Sign in to access your portfolio

Senior Living Market to grow by USD 130.9 Billion from 2025 to 2029, Driven by Aging Baby Boomer Population, AI-driven Market Transformation
Senior Living Market to grow by USD 130.9 Billion from 2025 to 2029, Driven by Aging Baby Boomer Population, AI-driven Market Transformation

Yahoo

time14-02-2025

  • Business
  • Yahoo

Senior Living Market to grow by USD 130.9 Billion from 2025 to 2029, Driven by Aging Baby Boomer Population, AI-driven Market Transformation

NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The senior living market and it is set to grow by USD 130.9 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of 5.8% during the forecast period, according to Technavio. The senior living market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. AbsoluteCare Inc., Affinity Living Communities, Belmont Village Senior Living, Brookdale Senior Living Inc., Covenant Living Communities and Services, Enterprise Retirement Living Ltd., Erickson Senior Living Management LLC, Extendicare Canada Inc, Genesis Healthcare Inc., Golden Heights Personal Care Home, Grand world Elder Care, HC One Ltd., Lendlease Corp. Ltd., Life Care Centers of America Inc., Merrill Gardens, Max India Ltd., ProMedica Health Systems Inc., Senior Lifestyle, Sunrise Senior Living LLC, and Wickshire Senior Living are some of the major market participants -. To know about the vendor offerings - Request a sample report Senior Living Market 2025-2029: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The senior living market report covers the following areas: Senior Living Market Size Senior Living Market Trends Senior Living Market Industry Analysis Porter's Five Forces Analysis Customer Landscape The senior living market is fragmented, and the degree of fragmentation will accelerate. The aging baby boomer population will offer immense growth opportunities. However, the Staffing and workplace challenges will hamper the market growth Senior Living Market 2025-2029: Drivers & Challenges The aging baby boomer population, consisting of individuals born between 1946 and 1964, represents a significant market opportunity for senior living services. As this demographic group continues to age, there is a growing demand for retirement options that offer comfort, security, and engaging lifestyles. Senior living services cater to this need by providing various housing options, such as independent living, assisted living, and memory care. These services also offer desirable amenities, including social activities, fitness centers, and healthcare services, making them an attractive choice for senior citizens seeking a comfortable retirement experience. The senior living market faces significant staffing challenges that hinder its growth. The shortage of qualified caregivers and healthcare professionals is a major constraint for senior living facilities, as the aging population requires more specialized care. This issue is compounded by demographic shifts and a limited pool of individuals pursuing eldercare careers. Consequently, senior living providers struggle to recruit and retain skilled staff, leading to high turnover rates and potential decline in care quality. The demanding nature of caregiving roles can also lead to employee burnout, worsening the staffing crisis and hindering the expansion of senior living facilities. To learn more about the global trends impacting the future of market research, download a PDF sample Segment Overview This senior living market report extensively covers market segmentation by Service Geography 1.1 Assisted living- Assisted living arrangements offer senior adults a residential solution with apartment-style units, some equipped with kitchens, while others may not due to safety concerns. Memory care units, specialized for individuals with cognitive impairment, feature increased security measures and may not allow kitchens. Vendors are expanding in this market segment, driving growth. Assisted living is for seniors needing help with activities of daily living, with 24-hour staff and medical professionals. It doesn't include skilled nursing care. A base rate covers utilities, housekeeping, and meals, with additional services available at extra costs. Seniors can hire in-home care for specialized needs. These factors will fuel the growth of the global senior living market's assisted living segment. To learn more, request a FREE sample Senior Living Market 2025-2029: Key Highlights CAGR of the market during the forecast period 2025-2029 Detailed information on factors that will assist senior living market growth during the next five years Estimation of the senior living market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the senior living market across North America, Europe, APAC, South America, and Middle East and Africa Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of senior living market vendors Senior Living Market Scope Report Coverage Details Base year 2024 Historic period 2017-2021 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 5.8% Market growth 2025-2029 USD 130.9 billion Market structure Fragmented YoY growth 2022-2023 (%) 5.5 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 44% Key countries US, France, China, Germany, Japan, Canada, India, UK, Italy, and Brazil Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled AbsoluteCare Inc., Affinity Living Communities, Belmont Village Senior Living, Brookdale Senior Living Inc., Covenant Living Communities and Services, Enterprise Retirement Living Ltd., Erickson Senior Living Management LLC, Extendicare Canada Inc, Genesis Healthcare Inc., Golden Heights Personal Care Home, Grand world Elder Care, HC One Ltd., Lendlease Corp. Ltd., Life Care Centers of America Inc., Merrill Gardens, Max India Ltd., ProMedica Health Systems Inc., Senior Lifestyle, Sunrise Senior Living LLC, and Wickshire Senior Living Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About USTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@ View original content to download multimedia: SOURCE Technavio Sign in to access your portfolio

Paper Manufacturing Market in Turkey to grow by USD 404.7 Million from 2025 to 2029, Driven by demand for paper packaging in food and beverage, AI impact on trends
Paper Manufacturing Market in Turkey to grow by USD 404.7 Million from 2025 to 2029, Driven by demand for paper packaging in food and beverage, AI impact on trends

Yahoo

time14-02-2025

  • Business
  • Yahoo

Paper Manufacturing Market in Turkey to grow by USD 404.7 Million from 2025 to 2029, Driven by demand for paper packaging in food and beverage, AI impact on trends

NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The paper manufacturing market in Turkey and it is set to grow by USD 404.7 million from 2025 to 2029. However, the growth momentum will progressing at a CAGR of over 2.1% during the forecast period, according to Technavio. The paper manufacturing market in Turkey is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Alkim Alkali Kimya AS, Eczacibasi Holding AS, International Paper Co., Kahramanmaras Paper Industry Inc., Kartonsan, Kipas Holding Inc., Levent Kagit San. Ve Tic. AS., Lider Kagitcilik AS, Lila Kagit, Marmara Paper and Packaging Industry. Tic. AS, Modern Ambalaj, Modern Karton, Mondi Plc, MOPAK GROUP, PRINZHORN HOLDING GmbH, Simka Kagit Sanayi Ve Ticaret AS, SUN KA Paper, Viking Kagit ve Seluloz AS, and Yasar Holding AS are some of the major market participants -. To know about the vendor offerings - Request a sample report Paper Manufacturing Market in Turkey 2025-2029: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The paper manufacturing market in turkey report covers the following areas: Paper Manufacturing Market in Turkey Size Paper Manufacturing Market in Turkey Trends Paper Manufacturing Market in Turkey Industry Analysis Porter's Five Forces Analysis Customer Landscape The paper manufacturing market in Turkey is fragmented, and the degree of fragmentation will accelerate. The rising demand for paper packaging in food and beverage industry will offer immense growth opportunities. However, the Growing environmental concerns will hamper the market growth Paper Manufacturing Market in Turkey 2025-2029: Drivers & Challenges The Paper Manufacturing Market in Turkey is experiencing significant growth due to various drivers. Healthcare facilities' increasing demand for medical supplies like sterile paper and packaging materials is a key factor. Smartphones and internet usage have boosted the need for retail packaging and paper bags. Online retailing's rise also fuels the demand for corrugated boxes and paperboard. Safety and security concerns have increased the preference for eco-friendly solutions, benefiting tissue paper and recycled pulp. The packaging industry's shift towards sustainability drives the use of paper recycling, waste paper, rags, and fiber crops. Transportation and logistics sectors rely on paper-based documents, contributing to the market's growth. Forest area reduction due to the water crisis and the need for alternative pulp sources, such as non-wood pulp and wheat straw, further stimulate the market. International Paper, a leading player, produces wood pulp and recycled pulp, while companies like International Paper and others focus on paperboard, personal care, print media, and pulp production. The Turkish paper manufacturing market faces several challenges in areas such as raw materials and sustainability. Traditional paper materials like wood pulp are being replaced by alternatives like bamboo and rice husk. In packaging, demand for paper-based materials for wrapping paper, printing paper, writing paper, rolls, and specialty papers continues to grow. Socio-economic and sustainable environmental development are key priorities, with news print, printing, writing, and hygiene products leading the way. Leading tissue manufacturers serve healthcare facilities and consumer markets, while smartphones, internet, and online retailing drive demand for packaging materials. Transportation and safety and security concerns necessitate eco-friendly solutions. Retail packaging, waste plastic packaging, paper bags, corrugated boxes, and paper recycling are crucial areas of focus. Forest area and water crisis are critical environmental issues. International Paper and other industry players are addressing these challenges through innovation and sustainable practices. To learn more about the global trends impacting the future of market research, download a PDF sample Segment Overview This paper manufacturing market in Turkey report extensively covers market segmentation by Source Product End-user Geography 1.1 Wood pulp- The wood pulp segment is a significant player in Turkey's paper manufacturing market. Wood pulp is derived from wood, which is crushed into a fine consistency for producing various types of papers, hardboard, and other related products. The two primary methods for creating wood pulp are chemical pulping and mechanical pulping. Wood pulp's versatility makes it suitable for numerous applications, including tissue, printing and writing papers, board, and specialty papers. The global demand for tissue paper, used extensively in kitchens, restrooms, households, hospitals, and other establishments, is projected to boost the growth of the wood pulp segment. Advancements in pulping technologies have led to increased efficiency and reduced environmental impact. Enhanced bleaching techniques and advanced machinery result in superior-quality pulp with a smaller carbon footprint. These factors contribute to the expansion of the wood pulp segment in Turkey's paper manufacturing industry during the forecast period. To learn more, request a FREE sample Paper Manufacturing Market in Turkey 2025-2029: Key Highlights CAGR of the market during the forecast period 2025-2029 Detailed information on factors that will assist paper manufacturing market in Turkey growth during the next five years Estimation of the paper manufacturing market in Turkey size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the paper manufacturing market in Turkey across Turkey Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of paper manufacturing market in Turkey vendors Paper Manufacturing Market In Turkey Scope Report Coverage Details Base year 2024 Historic period 2017-2021 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 2.1% Market growth 2025-2029 USD 404.7 million Market structure Fragmented YoY growth 2022-2023 (%) 2.1 Regional analysis Turkey Performing market contribution Middle East and Africa at 100% Key countries Turkey Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled Alkim Alkali Kimya AS, Eczacibasi Holding AS, International Paper Co., Kahramanmaras Paper Industry Inc., Kartonsan, Kipas Holding Inc., Levent Kagit San. Ve Tic. AS., Lider Kagitcilik AS, Lila Kagit, Marmara Paper and Packaging Industry. Tic. AS, Modern Ambalaj, Modern Karton, Mondi Plc, MOPAK GROUP, PRINZHORN HOLDING GmbH, Simka Kagit Sanayi Ve Ticaret AS, SUN KA Paper, Viking Kagit ve Seluloz AS, and Yasar Holding AS Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About USTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@ View original content to download multimedia: SOURCE Technavio Sign in to access your portfolio

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