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, Saudi Arabia pallets market size is projected to grow at a CAGR of 5.3% during 2021-27. The pallets market revenues in Saudi Arabia would witness a boost over the coming years, owing to the government policies shifting in favour of economic diversification, open economy and encouraging private investment which would embark a positive influence on the industrial sector in the country which would augment pallet use. Further, the government investment to increase international trade and the growing e-commerce sector would bolster the pallet market growth during the forecast period. Key Highlights of the Report Saudi Arabia Pallets Market Overview Saudi Arabia Pallets Market Outlook Saudi Arabia Pallets Market Forecast Market Drivers and Restraints Saudi Arabia Pallets Market Trends Industry Life Cycle Porter’s Five Force Analysis Market Opportunity Assessment About Us- 6Wresearch is the premier, one stop market intelligence and advisory center, known for i...