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...
Saudi Arabia natural & organic food market size is expected to gain momentum during the forecast period as the country offers huge market potential for natural & organic food items. The market witnessed noticeable growth in recent years that can be attributed to factors such as changing consumer preferences, fast-paced lifestyle and growing acceptance for chemical & synthetic-free food. The market growth is further supported by the growing young population, rising disposable income and government support towards organic farming. Additionally, on account of the pandemic spread of COVID-19, the government of Saudi Arabia implemented the ‘complete lockdown’ policy which in turn, proved an optimistic situation for the natural & organic food market in the country as the citizens started stocking up the food items and preferred chemical and pesticide-free food products. This, in turn, provided an uncertain push to the revenues of the natural & organic food market i...