Consumers increasingly opting for pricier food options with healthier, more environmentally conscious profiles
Sparkling water segment set to see fastest gains through 2024
Expanding scope of products utilizing electronic components will underlie gains
Demand expected to recover through 2024 following 8.0% decline in 2020
Conventional housing completions expected to rebound 14% in 2021
Demand expected to return to growth through 2024 on gains in construction spending, household product sales
Pandemic-induced drop in manufacturing shipments, electricity generation reducing water use longer term
Release of pent-up demand after early months of pandemic will boost growth
Real shipments not expected to fully recover ground lost in 2020
Production increases in food and beverage packaging, medical and building products to underlie gains