Despite a major setback due to the pandemic, the lubricants market in ASEAN region is very dynamic and presents strong growth prospects over the forecast period. Overall, growth is expected to be driven by the consumer segment, followed by the commercial and industrial segments. Government regulations and policies, COVID-19’s impact in the short term, consumer purchasing power, government spending on key industries, and international trade and commodity prices are some of the factors that can critically impact industrial and commercial automotive lubricants segments over the forecast period. Learn about this dynamic market from the recording of our webinar.
Tag Archives: key trends
Sleepless Americans Turn to Tech Devices and Natural Products
Restful sleep remains an elusive goal for many adults and therefore, strong gains for sleep aids, including OTC sleep aids, natural sleep products, pain+sleep combination products, and sleep devices are forecast over the next five years by Kline’s Sleep Aids: U.S. Market Analysis and Opportunities study. Estimates range from 30%-40% of American adults experience symptoms of insomnia and 40 million are affected by chronic long-term sleep disorders.Continue reading
