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, Global Metal Packaging Market size is anticipated to register growth during 2020-26. North America is the largest market for metal packaging followed by Europe and Asia-Pacific. The fast-paced lifestyle is leading to convenience packaging. The U.S. is a major contributor to the North America metal packaging market due to its high dependency on canned foods and beverages. Additionally, Asia-Pacific is the fastest-growing segment, which presents huge growth opportunities for soft drink manufacturers. The rising preference for packed food, ready-to-eat food, and alcohol, accompanied by better and safer packaging is creating possibilities. The personal care segment and demand for youth-centric cosmetic products have potential growth opportunities in the market. The increased investment in aerosol to provide superior quality products can be further a boost for the industry. Furthermore, the technological advancements in the metal packaging industry are expec...