May 29, 2025 (The Freedonia Group Inc. (via LinkedIn)) –
The Freedonia Group Inc. posted 5 LinkedIn updates from May 22 to May 29, 2025. These posts covered a range of market research insights across various industries, including plastic pipes, pressure-sensitive tapes, construction, and elevators. The company's updates highlight emerging trends, market projections, and industry challenges, providing valuable information for businesses and stakeholders.
Plastic Pipe Market Trends and Innovations
The Freedonia Group's research report on the US plastic pipe market reveals significant transformations driven by sustainability initiatives and technological advancements. The industry is experiencing growth due to new regulations, improved production techniques, and increased infrastructure investment. This comprehensive analysis offers crucial insights for companies looking to maintain a competitive edge and capitalize on emerging opportunities in the plastic pipe sector.
Plastic pipe market innovations drive growth
Pressure Sensitive Tapes Industry Developments
The latest edition of "Global Pressure Sensitive Tapes" by The Freedonia Group provides in-depth analysis of the PSA tape industry. The report highlights how advancements in technology are shaping the sector, particularly the evolving role of PSA tapes in advanced manufacturing as alternatives to mechanical fasteners. Additionally, it examines the impact of US-China trade tensions on PSA tape markets, offering a comprehensive view of the industry's current state and future prospects.
PSA tapes adapt to manufacturing changes
Construction Industry Workforce Challenges
The Freedonia Group addresses a critical issue facing the construction industry: an aging workforce. In 2023, the median age of construction workers was 41.9 years, with 21% of workers aged 55 and older—a significant increase from 2003. This demographic shift poses challenges for a physically demanding industry, raising important questions about maintaining productivity and safety for older, skilled workers. The company's analysis provides insights into potential solutions and strategies for addressing this growing concern.
Construction industry faces aging workforce
Elevator Market Growth Projections
The Freedonia Group projects significant growth in the elevator market, with demand expected to increase by 4.6% annually, reaching $155.7 billion by 2024. This expansion is primarily driven by urbanization trends and the growing need for accessible solutions for aging populations. The report emphasizes the importance of staying informed about these developments to capitalize on the market's potential.
Elevator market set for substantial growth
Other Economic Indicators
In a brief update, The Freedonia Group noted positive economic indicators for the US, mentioning that home improvement trends and a surge in motor vehicle production are contributing to economic growth. While details were limited, this observation suggests potential opportunities in related industries and markets.
US growth driven by home and auto sectors
The Freedonia Group's LinkedIn posts during this period demonstrate the company's expertise in providing comprehensive market research across various industries. By highlighting key trends, challenges, and opportunities, these updates offer valuable insights for businesses looking to make informed decisions and stay ahead in their respective markets. The focus on sustainability, technological innovation, demographic shifts, and market growth projections underscores the diverse range of factors influencing today's industrial landscape.
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