Free Standing Display Units Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2022 – 2027
Since last few years, retail industry has evolved from being a cluster of local stores to organized chains such as supermarkets and hypermarkets. This trend is quite prominent in emerging regions such as North America, Asia-Pacific and the Middle East. Transformation in retail business industry structure is attributed to changing lifestyle and increasing per capita spending across the globe. Moreover, these supermarkets and hypermarkets offer new shopping experience to consumers. These retail stores are expected to witness robust growth rate over the forecast period especially in developing regions. Attracting customer attention, increasing in-store engagement, appropriate communication is key factors needed to drive higher sales in retail. The free standing display unit is one such retail business facilities that have seized key attention among retailers. Free standing display units help in maximizing the impression of a product. These are the strategic component of any marketer o