The global floor displays market is estimated to secure a valuation of US$ 2,594.8 million in 2023 and reach US$ 4,390.5 million by 2033. The global market is expected to capture a CAGR of 5.4% in the global market during the forecast period.
Floor displays are becoming more prevalent in brand messaging. Over the last few years, they have emerged as a versatile and cost-effective customer engagement option. To meet the various retail requirements and the brand’s strategic leanings, an array of in-store displays in various shapes and sizes has come to the fore.
They must meet a variety of requirements, including the prevention of toppling and floor vibrations. It is a critical turning point in the expansion of the floor display market. Growing demand for customized floor displays in retail and at events is a key trend boosting the market’s prospects.
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Key Takeaways:
- The global floor displays market is estimated to register a CAGR of 5.4% with a valuation of US$ 4,390.5 million by 2033.
- In the historical period, the market secured a CAGE of 4.7% between 2018 and 2022.
- The United States is anticipated to dominate the global market by capturing the maximum share by 2033.
How Prominent Players Bring Lucrative Growth in the Global Market?
The global market is highly fragmented by the present prominent players globally. These players are adopting advanced technologies to innovate, develop, and improve products as per consumers’ expectations. They are focused on developing cost-effective, high-quality, and sustainable products to attract consumers.
Key players adopt various marketing methodologies to bring unique and flexible products to expand the global market size. These marketing methodologies include mergers, acquisitions, partnerships, and product launches. These players are estimated to drive the global market to another height in the coming period.
Recent Developments in the Global Market are:
In 2021, Smurfit Kapa announced its newly launched floor displays dump bins. It is a small, easy-to-open, and excellent container for use in shops. It is widely used for promotional purposes.
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Floor Displays Market by Category
By Type of Material:
- Corrugated Board Floor Displays
- Foam Board Floor Displays
- Plastic Sheet Floor Displays
- Glass Floor Displays
- Metal Floor Displays
By Sales Channel:
- Hypermarkets
- Supermarkets
- Departmental Stores
- Specialty Stores
- Convenience Stores
By Application:
- Food & Beverages
- Cosmetics & Personal Care
- Pharmaceuticals
- Printing & Stationary
- Electronics
- Automotive
- Other Applications
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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