Floor Displays Market to Surpass a Valuation of US$ 5,394.5 Mn by 2032: ChemView Consulting

Floor Displays Market Overview

According to a recent survey conducted by ChemView Consulting, the Global Floor Displays Market grew at a CAGR of 5.0% between 2017-2021 and is estimated to be US$ 3,040.8 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 5.9 % and is expected to reach a valuation of US$ 5,394.5 Mn by 2032 end.

Floor displays are popular for their flexibility and durability. Floor displays provide an excellent opportunity for manufacturers to explore the benefits of merchandising innovations that can be used across various product categories.

ChemView Consulting has analyzed that the upcoming generation of consumers is taking a keen interest in retail products. Their needs are changing rapidly; therefore, the markets offer various products and services. Consequently, it becomes important for multinational retailers to enter emerging economies to gain a foothold in these new markets.

Local players have collaborated with major international retailers to create an effective presence in emerging economies. The fast-growing retail sector in such economies is expected to provide significant opportunities for market growth.

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Segments Covered in Report

By Material Type :

  • Corrugated Board
  • Foam Board
  • Plastic Sheet
  • Glass
  • Metal

By Application :

  • Hyper Market
  • Supermarket
  • Departmental store
  • Speciality Store
  • Convenience Store
  • Other Retail Applications

By Packaging Format :

  • Food & Beverages
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Printing & Stationary
  • Electronics
  • Automotive
  • Others Packaging Format

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Key Takeaways from the Floor Displays Market

  • Based on the Application, The convenience store segment will likely contribute to more than 33.0% of global market revenue by exploiting the high margin and switching demand in the POP display. Currently, manufacturers are adopting FIFO (First In, First Out) technology for POP display manufacture. But this method does not allow manufacturers to produce high-quality products due to the expensive consumables required for the FITO process.
  • Based on the Material Type, Corrugated board will be the most commonly used raw material in producing POP displays due to its low cost. Plastic, metal, and other materials are also used for promotional purposes.
  • Based on Region, the North American market held a sizeable revenue share of 26.8%. The North American floor display industry is anticipated to maintain its dominance in the global market throughout the forecast period. The Region has a well-established presence in the worldwide floor displays market, with a competitive advantage over competitors such as India and China. In terms of revenue, North America is anticipated to remain the dominant Region throughout the forecast period.

Competition Summary

Key companies covered in the market study are Sonoco Products Company, DS Smith Plc, Smurfit Kappa Group PLC, Georgia-Pacific LLC, WestRock Company, FFR Merchandising Company, U.S. Corrugated Inc., Marketing Alliance Group, Creative Displays Now, Pratt Industries Inc.

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Report Key Highlights and Coverage

  • Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
  • Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
  • The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
  • Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
  • Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
  • Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
  • Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
  • Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
  • Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
  • Strategic market analysis, recommendations, and future headways on crucial winning strategies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have been collaborating with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.

What sets ChemView Consulting apart?

  • Full-time research experts and subject matter experts
  • In-house primary research team
  • The in-house data visualization team
  • Industry-wide network of research partners
  • Database subscriptions
  • The exclusively tailored research process

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