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 Biscuit Market size is projected to grow at a CAGR of 5.3% during 2021-2027. Based on category, sweet biscuits accounted for the major market revenue share in 2020 and is anticipated to maintain the same over the forthcoming years owing to its taste that makes it a popular option among the consumers. Furthermore, varieties of biscuits are available in sweet category such as plain, wafer and cream coupled by the increase in demand during festivals such as Ramadan and Eid would drive the sweet biscuit segment over the coming years. Additionally, new product development in the sweet biscuits would further surge the market in the region. Eating habits of consumers have changed and they are becoming more particular about the calorie content being consumed, thereby, expanding demand for healthy snacks and increasing preference for snacking would further drive the aforementioned market in the years to come. Key Highlights Middle East Biscuit Market O...