Foodservice Cleaning Products: Trends Shift as the Pandemic Continues

[Live Webinar] Foodservice Cleaning Products: Trends Shift as the Pandemic Continues

Despite a reduction in the number of U.S. restaurants that are operational, with estimates as high as 10% having closed permanently due to the COVID-19 pandemic, the future of professional foodservice cleaning products is bright. With K-12 schools, colleges and universities, hotels, office buildings, and recreational venues gradually reopening, we expect increased usage of categories that were depressed during the height of the pandemic. Results from our structured survey of nearly 800 professional end users show that the tried-and-true features ― effectiveness, employee safety, cost, and convenience ― remain paramount.

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Key Market Developments that Drive Lubricant Markets for Two Wheelers

Two-wheelers are a popular means of transportation in developing countries because of their low ownership cost and fuel-efficiency. In the long term, two-wheeler market will continue to grow despite a temporary disruption in 2020 amid COVID-19 driven by access to credit and financing. E-commerce and bike taxis will also give a forward push to this market. However, some factors, such as the increasing electric two-wheeler population, restrictions on two-wheeler usage in China, a move toward cars in developing countries as a result of economic growth change the way the market develops.Continue reading

LATAM Lubricants Market Trends

Upcoming Webinar: Opportunities in LATAM Lubricants Market

After a turbulent 2019, the economy in Latin America and the Caribbean was in a recovery mode, albeit vulnerabilities remain. Lubricant marketers will have to cope with various challenges related to chronicle issues affecting the region including economic dependence on commodity, combined with fiscal disbalance and social unrest and most recently the global Coronavirus outbreak.

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Spotlight on Fast-Growing Irwin Naturals Sales Up 440.0% Since 2016

Spotlight on Fast-Growing Irwin Naturals Sales Up 440.0% Since 2016

Kline will be publishing the 3rd edition of its Natural OTCs: Impact of Non-Drug Products on the U.S. OTC Market study later this month. One of the fastest-growing companies that emerged from the research is Irwin Naturals, based in Los Angeles, California. Founded in 1994, Irwin Naturals is a producer of soft gel-based herbal formulas sold in more than 90,000 retail outlets and online. The company markets a series of targeted herbal formulas in different lines for men, women, weight management, performance, and joint, heart, brain, and mood and energy support.

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Percentage of female riders in the two-wheeler market is increasing

Commercial Usage, Female Riders, and Rural Markets Support Strong Growth for the MCO Market through 2022

The global two-wheeler population is estimated to increase at a CAGR of over 5% through 2022, with the highest growth coming from Asia-Pacific. Consequently, the total demand for motorcycle oils (MCO) is forecast to grow strong at a CAGR of 3.5% during the same period. Three-fourths of the total MCO demand comes from Asia-Pacific, where four countries—India, China, Indonesia, and Thailand—combined account for more than half of the total MCO demand globally,Continue reading