The Business Research Company’s latest report Rural Activities Global Market Report 2020 covers Rural Activities market drivers, Rural Activities market trends, Rural Activities market segments, Rural Activities market growth rate, Rural Activities market major players, and Rural Activities market size. The report provides in-depth analysis of the impact of COVID-19 on the Rural Activities industry, along with revised market numbers due to the effects of the coronavirus.
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The global rural activities market is
expected to decline from $1696.9 billion in 2019 to $1680 billion in 2020 at a
compound annual growth rate (CAGR) of -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 8% from 2021 and reach $2077.5 billion in 2023.
The global rural activities market is
segmented by type into fishing, hunting and trapping, forestry and logging,
agriculture and forestry support activities. Subsegments covered are fishing,
hunting and trapping, logging, timber tract operations, forest nurseries and
gathering of forest products, support activities for crop production, support
activities for animal production, support activities for forestry.
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