Wednesday, April 24

Tag: lockdown

Impact of Lockdown on Dry Cleaning & Laundry Services
30Apr By PriyankaNo Comments
ANALYSIS

Impact of Lockdown on Dry Cleaning & Laundry Services

Dublin, 30th April 2020: A recent survey by ResearchAndMarkets.com said the impact of Covid-19 on Dry Cleaning & Laundry Services Market will be short term and demand for app-based Laundry Services will rise. The global dry-cleaning and laundry services market is expected to decline from $106.2 billion in 2019 to $104 billion in 2020 at a compound annual growth rate (CAGR) of -2.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $118.3 billion in 2023. Asia-Pacific was the largest region in the global dry-cleaning and laundry services market, accounting for 34% of the market in 2019. North America was the second ...
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4 cr Indian Users may be without Mobile Phones by May End
25Apr By AnkitaNo Comments
INDIA

4 cr Indian Users may be without Mobile Phones by May End

An estimated 4 crore Indian mobile phone users are expected to be without handsets due to faults and breakdowns by May-end if restrictions on the sale of handsets and spare parts continue, an industry body said on Friday. At present, more than 2.5 crore mobile customers are estimated to be with non-functional devices due to non availability of components in the supply chain and the restriction on sales of new handsets due to the lockdown to contain coronavirus infection, the India Cellular and Electronics Association (ICEA) claimed. The government has allowed sales of only essential goods and services during the lockdown which has entered into the fifth week. Operations of telecom, internet, broadcast and IT services are permitted but not for mobile devices that are pivotal for acce...
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