Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equ...
According to 6Wresearch, Middle East Baby Food Market size is anticipated to register growth during 2020-26. The outbreak of the novel coronavirus has led to disruptions in many of the business industrial landscapes and has traversed the product market as well. Being hitting the region at an explosive rate with a massive number of cases being registered each day, the American countries have witnessed a strong downfall in the sales of ready-made baby food items. The increased growth of the virus has led to a nationwide lockdown in the Asian countries which has led to a significant decline in the number of newborn births and has led to a decline in the sales of baby food. Underpinned by the pandemic, birth rate has fallen and as a result, this has led to a massive decline in the baby food sales as many corporate giants register a breakthrough in their sales and this is, of course, hitting the slowdown of the product market. Key Highlights of the Report: Middle East Baby Food Marke...