Online sales to increase by 120 BPS by 2030: Digital Platform Adoption is Growing
The retail sector has historically dominated overall sales of folded tissues, and this trend is expected to continue throughout the forecast period. Grocery stores, hypermarkets/supermarkets, wholesalers/distributors (mass merchandisers), and warehouses accounted for the majority of sales.
These segments account for roughly half of global folded tissue sales. However, sales through digital channels are gradually increasing due to the global trend of digital marketing for premium and ultra-premium folded tissues. As a result, the online sales segment is expected to grow 1.9x by 2030.
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Provided for Major Regions as Follows:-
- North America (USA, Canada and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, Colombia, rest of countries, etc.)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
Leading Players Seek Expansion in the Aftermarket
The motorcycle suspension system market is still highly consolidated, with the top three players accounting for 60% to 70% of the market. Companies continue to focus on launching innovative products in order to gain a competitive advantage in the motorcycle suspension system market.
Furthermore, leading players are working to expand their market presence in the aftermarket, with a particular focus on the South East Asian region due to a plethora of lucrative opportunities.
Companies’ other strategies for expanding their footprint in the motorcycle suspension system market include expanding their services globally to capitalise on rising demand.
Motorcycle Suspension System Market – Segmentation
The motorcycle suspension system market has been segmented on the basis of product type, sales channel, motorcycle type, region, and technology.
On the basis of product type, the market has been divided into front suspension and rear suspension.
Based on the sales channel, the motorcycle suspension system market has been divided into OEM and aftermarket. On the basis of motorcycle type, the market can be divided into standard, sports, cruiser, mopeds, scooters, and others.
Based on technology, the motorcycle suspension system market can be divided into mono and twin.
Based on the region, the market has been divided into Latin America, North America, Eastern Europe, Japan, MEA, Western Europe, and Japan.
Each of the segments has been thoroughly analyzed and the report offers a detailed analysis of the past along with an accurate and authentic forecast of the performance of each category identified under each segment. Volume, value, and Y-o-Y growth of each of the listed segments has been provided in the report.
Some of the Motorcycle Suspension System insights and estimations that distinguish this study and make it effective in guiding stakeholders in understanding the growth dynamics. The research provides:
• Information on the most recent innovations and developments in Motorcycle Suspension System, as well as how they are gaining customer traction during the forecast period.
• An examination of customer demand for the products and how it is likely to change in the coming years.
• The most recent regulations imposed by government agencies and local governments, as well as their impact on the demand for motorcycle suspension systems.
• Insights into the adoption of new technologies and their impact on Motorcycle Suspension System Size
• An overview of the COVID-19 impact on motorcycle suspension systems and the economic disruptions caused by the pandemic.
• Assesses the post-pandemic impact on sales of Motorcycle Suspension System during the forecast period.
Additional queries addressed in the report
Aside from the insights mentioned above, the report provides answers to the following critical questions about the motorcycle suspension system market:
- How has the market for motorcycle suspension systems performed recently?
- In terms of both value and volume, how will the motorcycle suspension system market fare in the near future
- What are the key trends influencing the expansion of the motorcycle suspension system market?
- What are the most important market dynamics in the motorcycle suspension system market?
- What are the key micro and macroeconomic industry factors influencing the growth of the motorcycle suspension system market?
- What are the major challenges confronting the motorcycle suspension market?
- What lucrative opportunities are available in the motorcycle suspension system market?
- What strategies do market leaders use to maintain their dominance in the motorcycle suspension system market?
- What level of competition exists in the motorcycle suspension system market, and how has it changed over time?
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