Economic expansion, need for workers will bolster industry through 2026

Technological advancements to boost value gains

Increasing global production of electronics, appliances, machinery, transport equipment to drive orders

Technological developments to boost replacement demand

Recovery from negative impacts of pandemic set to propel demand gains in 2022

Rising prices, digital subscriptions to partly offset declines in print revenues

Greater spending on high-end appliances, electronics to boost growth

Prevalence of leasing among younger consumers, preference for CUVs, SUVs, and trucks to drive value gains

Low interest rates, consumer preference for more expensive vehicle types expected to support sales gains through 2025

Replacement spending on electric, more fuel efficient options will bolster gains