COVID19

Bathroom Sinks Market – Roadmap for Recovery from COVID-19 | Increase in Building Refurbishment Activities to Boost the Market Growth

Technavio has been monitoring the bathroom sinks market and it is poised to grow by USD 1.92 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Bathroom Sinks Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by the end-user, which is the leading segment in the market?

  • The residential sector is expected to be the leading segment in the global market during the forecast period.

  • At what rate is the market projected to grow?

  • Growing at a CAGR of almost 4%, the incremental growth of the market is anticipated to be USD 1.92 billion.

  • Who are the top players in the market?

  • BLANCO GmbH + Co. KG, Duravit AG, Elkay Manufacturing Co., FRANKE Holding AG, JOMOO Kitchen & Bath Co. Ltd., Kohler Co., LIXIL Group Corp., Moen Inc., Roca Sanitario SA, and Toto Ltd. are some of the major market participants.

  • What are the key market drivers and challenges?

  • Increase in building refurbishment activities is one of the major factors driving the market. However, the fluctuations in raw material prices restraints the market growth.

The market is fragmented, and

U.S. House COVID-19 aid proposal gives airlines some hope for deal this week

CHICAGO/WASHINGTON (Reuters) – A $2.2 trillion draft bill for coronavirus aid unveiled by Democrats in the U.S. House of Representatives late Monday gave airlines some hope for a second bailout before tens of thousands of layoffs occur on Thursday, though tough hurdles remained.

FILE PHOTO: American airlines jets made by Embraer and other manufacturers sit at gates at Washington’s Reagan National airport as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, U.S. April 29, 2020. REUTERS/Kevin Lamarque/

“We remain hopeful that Congress will act swiftly before the current Payroll Support Program expires on September 30 to preserve the jobs of these flight attendants, pilots, mechanics, gate agents and others…,” CEO Nicholas Calio of trade group Airlines for America said in a statement.

Washington insiders said passage by Thursday, when an initial $25 billion that protected airline jobs through September expires, was unlikely, and the airline group did not detail the congressional action it hoped to see.

An option would be a quick standalone bill for the airlines, though senior Democratic congressional aides said that is also difficult given that many industries are seeking help.

International President of Flight Attendants-CWA Sara Nelson called the proposal, which includes $25 billion for airlines to keep workers on payroll for another six months, “a significant and serious move in negotiations.”

“It makes agreement on a full relief bill very possible in time to save our jobs,” she said.

Between United Airlines UAL.O and American Airlines AAL.O alone, more than 30,000 employees will be furloughed on Thursday, and tens of thousands more at those airlines and others have agreed to voluntary leave as the sector battles

Do-it-Yourself Home Improvement Retailing Market in Europe| Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic| Technavio

LONDON–(BUSINESS WIRE)–The do-it-yourself home improvement retailing market in Europe to register an incremental growth of USD 25.41 billion, witnessing a CAGR of almost 3% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the do-it-yourself home improvement retailing market in Europe in optimistic, probable, and pessimistic forecast scenarios.

Get detailed insights on COVID-19 pandemic Crisis and Recovery analysis of do-it-yourself home improvement retailing market in Europe. Download free report sample

The do-it-yourself home improvement retailing market in Europe will witness a Negative and Inferior impact during the forecast period owing to the extensive rise of COVID-19 pandemic. Furthermore, as per Technavio’s pandemic-focused research highlights, the market growth is likely to Increase compared to 2019.

Do-it-Yourself Home Improvement Retailing Market in Europe 2020-2024: Vendor Analysis

The market is fragmented. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. With a rapidly shifting focus toward creating a digital marketplace to provide a convenient platform for stakeholders in the supply chain, several companies in the market are resorting to move their businesses online along with existing brick-and-mortar channels.

Major do-it-yourself home improvement retailing market participants in Europe are

  • BAUHAUS AG
  • BAUVISTA GmbH & Co. KG
  • EUROBAUSTOFF Handelsgesellschaft mbH & Co. KG
  • Groupe Adeo
  • HORNBACH Baumarkt AG Group
  • Intergamma BV
  • Kesko Corp.
  • Kingfisher Plc
  • OBI Group Holding SE & Co. KGaA
  • Travis Perkins Plc

Click here to learn about report’s detailed analysis and insights on how you can leverage them to grow your business.

Do-it-Yourself Home Improvement Retailing Market in Europe 2020-2024: Segmentation

Do-it-Yourself Home Improvement Retailing Market in Europe is segmented as below:

  • Distribution Channel
  • Product
    • Lumber and landscape management