With the progress of modern logistics as well as the growth in demand for replacing workforce by machinery, forklifts have become the most widely used tools for handling materials in logistics industry. In 2014, global forklift sales volume exceeded one million sets for the first time, representing a year-on-year increase of 7.5%; wherein, China sold 360,000 ones, up 9.4% year on year, still ranking first worldwide.
The soy market in the United States is expected to reach a market value of around $17bn by the end of 2019, according to Research and Markets, an industry analysis firm.
The global herbicide market was $22.19m in 2014 and is estimated to reach $31.84m by 2020, at a CAGR of 6.2 percent for the forecasted period, according to a report from Research and Markets.
B2C e-commerce in Canada is dominated by U.S.-based retailers, according to a report from Research and Markets. However, local Canadian retailers could be favored this year by weaker Canadian currency with respect to the U.S. dollar.