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Showing posts from August, 2023

Enzymes Sourcing Intelligence: Enzymes category is expected to have pricing growth outlook of 6.6% From 2023 To 2030

  Enzymes  Procurement Intelligence The enzymes category is anticipated to grow at a CAGR of 6.6% from 2023 to 2030. North America is the major market for a variety of industries, including food and beverage, laundry detergent, pharmaceuticals, personal care, and cosmetics. This is due to the strong end-use in these industries, as well as increasing R&D activities in this region. In 2022, the region accounted for 38% of the global market share and is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period. Order your copy of the Enzymes category procurement intelligence report 2023-2030 , published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis Enzymes Procurement Intelligence Report Scope The Enzymes category is expected to have pricing growth outlook of 2% - 3% (Annually) from 2023 to 2030, with below ...

Corporate Cards Procurement Intelligence Is Expected To Expand At A CAGR Of 7.3% From 2023 to 2030

  Corporate Cards  Procurement Intelligence The corporate cards category is expected to grow at a CAGR of 7.3% from 2023 to 2030. There is a high degree of acceptance of corporate cards by merchants in developing countries. The rise in merchant acceptance is driven by the convenience of accepting payments through widely used network providers like Visa, MasterCard, Amex, etc. Additional factors driving industry growth include the switch to non-cash payments for better payment visibility, management, and working capital optimization as well as the development of flexible laws to reduce interchange costs. The European region accounts for the largest category share due to rising business trip costs and a growing preference for digital payment methods among businesses in this region. Order your copy of the Corporate Cards category procurement intelligence report 2023-2030 , published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key...

Battery Cooling Plates Procurement Intelligence To Grow Substantially At A CAGR Of 35.7% Till 2030

  Battery Cooling Plates  Procurement Intelligence The battery cooling plates category is anticipated to grow at a CAGR of 35.7% from 2023 to 2030 with APAC having the highest share. Government policies and rising environmental consciousness are driving the demand for electric vehicles and hybrid electric vehicles which in turn require efficient thermal management and battery cooling systems. Order your copy of the Battery Cooling Plates category procurement intelligence report 2023-2030 , published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis Battery Cooling Plates Procurement Intelligence Report Scope The Battery Cooling Plates category is expected to have pricing growth outlook of 3 - 6% from 2023 to 2030, with below pricing models. Value pricing model fixed fee pricing model Supplier Selection Scope of Report Cost and pricing Past engageme...

Fasteners Sourcing Intelligence Is Expected To Expand At A CAGR Of 4.42% Till 2030

  Fasteners  Procurement Intelligence The fasteners category is anticipated to grow at a CAGR of 4.42% from 2023 to 2030. APAC holds the largest category share of over 40% and it is expected to be the fastest growing region during the forecast period. The increased use in the construction and automotive industries is driving considerable growth in the fasteners category. These fasteners are semi-permeant or occasionally permeant solutions, and the development of the construction industry, research and development initiatives, urban real estate infrastructure, and technological developments in the production of lightweight goods for the automotive and other industrial sectors are all factors that have an impact on their growth. The creation of innovative and novel industrial fasteners also helps the category growth. Order your copy of the Fasteners category procurement intelligence report 2023-2030 , published by Grand View Research, to get more details regarding day one, quick...

Heavy Mining Equipment Procurement Intelligence 2030 : Heavy Mining Equipment Category To Forecast To Register CAGR Of Over 5.1%

  Heavy Mining Equipment  Procurement Intelligence The heavy mining equipment category is anticipated to grow at a CAGR of 5.1% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 135 Billion. The constantly expanding mining activities in Asia Pacific dominate the category market. The region is benefiting from high demand for metals and minerals across a range of sectors globally. The mining industry, being one of the foundational sectors of the economy, supports the category growth. Power and cement industries helped the category to thrive due to the rapid expansion of infrastructure. Other major demand drivers are increase in a rising need for mineral fertilizers to improve agricultural yield, road construction projects, and the use of technology and automation in road construction and mining. Larger projects require complex, efficient machinery for better efficiency and safety, which is driving the category's expansion. Demand for the category is...

Debt Collection Procurement Intelligence: Debt Collection category is expected to have pricing growth outlook of 9.9% From 2023 To 2030

  Debt Collection  Procurement Intelligence The debt collection services category is anticipated to grow at a CAGR of 9.9% from 2023 to 2030. Customers nowadays are becoming more and more conscious about their finance. Rising financial stress due to inflation rate hikes, and supply chain issues are resulting in increasing consumer debt, which in turn is driving the demand for category. According to the Consumer Credit report by the Federal Reserve, outstanding consumer credit was valued at USD 4.7 trillion at the end of October 2022. Additionally, the adoption of automation in gathering and payment follow-ups, and the rising multi-channels of communication with customers are the trends in this category. Order your copy of the Debt Collection category procurement intelligence report 2023-2030 , published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing anal...

Event Management Tools Sourcing Intelligence To Grow Substantially At A CAGR Of 14.1% Till 2030

  Event Management Tools  Procurement Intelligence The event management tools category is expected to grow at a CAGR of 14.1% from 2023 to 2030. The North American region accounts for the largest category share, while the APAC region is anticipated to be the fastest-growing region in the forecast period. North America is the most technologically advanced region in the world and possesses numerous medium to large players, which use excellent advanced equipment tools to hold numerous events. The growth of the category in the region is rising due to numerous factors including the increasing number of film festivals, marathons, private events, and athletics events at educational institutions. The U.S. itself holds more than 800 music festivals in a year with millions of attendees attending the events. Order your copy of the Event Management Tools category procurement intelligence report 2023-2030 , published by Grand View Research, to get more details regarding day one, quick wins...

Fixed Line Category To Grow Substantially At A CAGR Of 5.20% Till 2030

  Fixed Line  Procurement Intelligence The fixed line services category is anticipated to grow at a CAGR of 5.20% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD999.75 billion. The consistent and stable connectivity service offered by the category makes it ideal for critical applications like business communications, remote work, and online learning. Higher bandwidth and faster internet speeds compared to wireless options further fuel the category demand which supports data-intensive applications, smart homes and IoT. The infrastructure such as fiber-optic networks offers scalability & security and the potential to meet future technological advancements and bandwidth requirements, making it a preferable option for businesses. Growing consumption of high-definition streaming content and online entertainment also supports the category rise. In August 2023, Reliance Jio surpassed BSNL to take the top spot among India's fixed-line service provid...

Grain Storage Silos Procurement Intelligence To Grow Substantially At A CAGR Of 4.5% Till 2030

  Grain Storage Silos  Procurement Intelligence The grain storage silos category is expected to grow at a CAGR of 4.5% from 2023 to 2030. The North American region accounts for the largest category share, while the APAC region is anticipated to be the fastest-growing region in the forecast period. Increasing demand for food security amid rising population to ensure a sufficient and stable supply of food grains throughout the supply chain and the need for reduction in post-harvest losses owing to various factors are raising the demand for the category. Factors such as increasing demand for grain storage, automation of grain transport, large holding capacity, temperature and quality control, and prolonged period storage facility of the grains are driving the growth of the category. Government initiatives and policies promoting agricultural development and the adoption of advanced technology in the sector are further driving category growth. Order your copy of the Grain Storage S...