IEEFA study shows high pressure on Vietnam’s industry to move to renewable energy sources
Since the Vietnamese economy largely relies on the export-dependent manufacturing industry, the country is more exposed to multinational corporations and the global consumer market than any other developing Southeast Asian country says a newly released paper by the Institute for Energy Economics and Financial Analysis (IEEFA). The organization has studied ...
Swiss sports market with record growth in 2021
According to GfK Switzerland, the Swiss sports market (excluding bicycles), like other non-food markets, benefited from the pandemic and recorded a 14 percent increase in growth to just under 2 billion Swiss francs, thus reaching record levels. For once, all sectors contributed to the double-digit sales growth: Hardware with +11 ...
Sports protective gear market to post CAGR of 6% by 2027, according to new report
According to a new market research report by MarketsandMarkets, the sports protective gear market has grown considerably in 2021. It is projected to grow from US$5.3 billion in 2022 to US$7.1 billion by 2027, at a compound annual growth rate (CAGR) of 6.0 percent. The 212-page report is titled “Sports ...
Russian import-replacement campaign faces difficulties
The Russian Industry and Trade Ministry has rolled out a 700 million rubles (€9.5m) program to support the import-replacement trend in the domestic sporting goods market. The authorities plan to encourage local companies to replace sportswear, sporting gear and athletic apparel, which are expected to be in short supply due ...