The proliferation of do-it-yourself (DIY) culture owing to the rising labor costs in developed countries such as the UK, U.S., and Germany is anticipated to play a pivotal role in increasing the demand for hand tools. A study by Future Market Insights (FMI) has predicted the global hand tools market to reach ~US$ 25.6 Bn by the …
Monthly Archives: January 2022
Rx to OTC Switch Market is predicted to expand at a CAGR of over 5% during the forecast period (2021–2031)
Rx-to-OTC switches refer to the transition from proven prescription drugs to nonprescription, OTC status. According to a report by Future Market Insights (FMI), the global Rx-to-OTC switches market was valued at US$ 33 Bn in 2020 and is predicted to expand at a CAGR of over 5% during the forecast period (2021–2031). Scientifically, it is a rigorous …
Foodservice Equipment Market Competitive Growth Strategies Based on Type, Applications, End User and Region
Evolving food industry trends and changing dynamics of manufacturing and delivering methods in the foodservice industry are primarily shaping the market for foodservice equipment. Sales would multiply at a promising CAGR of over 5% during 2019 – 2029, as projected by a new Future Market Insights (FMI) report. Get | Download Sample Copy with Graphs & …
Food Grade Gases Market will show a steady rise at 5.6% CAGR between 2019 and 2029
The global food grade gases market size is expected to reach US$ 9.19 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.6% CAGR between 2019 and 2029. According to the report, growing demand for convenience food products and carbonated beverages have significantly fuelled the …
Heat Pumps Market Competitive Growth Strategies Based on Type, Applications, End User and Region
According to FMI’s recent study, the global heat pumps market was valued at around US$ 32 Bn in 2019 and is estimated to expand at a CAGR of 5% over the forecast period of 2020-2030, with a limited impact of the current pandemic situation on long-term growth forecasts. Increasing demand for tech-advanced cooling solutions with low carbon …
Cat Litter Market expected to rise at over 5.3% CAGR between 2021 and 2031
Driven by increasing adoption of pets across the globe, demand for Cat Litter Market is expected to rise at over 5.3% CAGR between 2021 and 2031. Increasing expenditure by cat owners on the care products will result in growing demand for cat litter. Some of the leading companies operating in the cat litter market are extensively …
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Power Tools Market Competitive Growth Strategies Based on Type, Applications, End User and Region
The global power tools market is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis, the global power tools market is expected to reach US$ 33.36 Bn in 2021. The …
Heat Induction Cap Liner Market poised to surge at above 5% CAGR between 2020 and 2030
The rising demand for technologically advanced packaging is aiding the expansion of the heat induction cap liners market. Future Market Insights (FMI) has forecast the market to record accelerated pace of gains backed by the rising demand for packaged food and drinks. Heat induction cap liners are integral to packaging designs for bottles and jars. These …
India Power Tool Market Competitive Growth Strategies Based on Type, Applications, End User and Region
Power tools utilise a power source mechanism, which is different from the ones used for manually operated tools. Power tools are used for construction and gardening, household tasks, for drilling, cutting, shaping, sanding, grinding, routing, polishing, painting and heating. Power tools are categorised on the basis of power source into electric power operated tools (circular …
Nasal Spray Market is expected to expand at a moderate CAGR of over 6.1% over the next ten years, and be valued at more than US$ 3.21 Billion by 2030
[250 Pages Report] Nasal Spray Market is expected to expand at a moderate CAGR of over 6.1% over the next ten years, and be valued at more than US$ 3.21 Bn by 2030-end. As per product, the demand for nasal steroid spray will remain considerably high, accounting for the leading share in the market though the course …