Group items tagged

The major factor affecting the industry includes surge in product developments such that it meets the requirement posed by the market, which would help the industry in the coming years.Majority of key players are investing in product innovations and launching newer products that are cost efficient and hence are expected to help the industry gain traction during the forecast period. Furthermore, companies are focusing in mergers and acquisitions so that they are able to increase distribution channels across various regions, which is anticipated to boost the market growth.