Over the forecast period of 2021-2031, the global engine control unit market is expected to grow at a CAGR of 4.6%, finds Future Market Insights (FMI) in its latest study. The global engine control unit industry is expected to grow significantly throughout the forecast period owing to rising demand for automobiles, technological advancements in the production of low-cost …
Monthly Archives: August 2022
Freight Cars Market Competitor Analysis, Winning Strategies and Growth Drivers 2030
Before 19th-century freight cars are completely made by woods but now day entire wood made fright cars have been replaced by steel made freight cars due to high strength and long-lasting. Fright cars are also known as goods wagon designed to transport commodities such as cargo, colas, grains, oil & gas, among others. Mainly four …
Secondhand Apparel Market is Driven by Driven by Increasing Focus on Affordability various Fashion Retailers are Incorporating Recycling Programs
The global secondhand apparel market sales are expected to grow at a healthy CAGR of 11.2% during the forecast period 2021-2031, despite a period of slower growth in 2020, according to a latest study by Future Market Insights (FMI). With the globalisation, the fashion industry considerably transformed. Changes in lifestyles as a result of industrialization, urbanisation, economic …
Down and Feather Market is Gaining Popularity Due to Chemical-Free and Animal Cruelty-Free
Growth of the home décor sector and rising significance of high-quality, comfortable, and luxurious insulation in bedding products and apparel are propelling the sales of down and feather products. According to a recent report by Future Market Insights (FMI), the down and feather market is expected to surpass a valuation of US$ 13.9 Bn at a CAGR …
Sales of Massage Guns Market is Increasing Due to Adoption of Portable Wellness Devices Among Consumers
As per a recent market analysis by Future Market Insights (FMI), the global massage guns market is poised to reach a valuation of US$ 509.0 Mn in 2022. Sales are projected to increase at a 7.4% CAGR, with the market size reaching US$ 1,042.5 Mn by 2032. Attribute Details Massage Guns Market Estimated Size (2022) US$ 509.0 …
Natural Cosmetics Market is Gaining a Boost from Consumers’ inclination towards Chemical-Free Makeup and Natural Solutions
The global natural cosmetics market was valued over US$ 36 Bn in 2019. Following the ban of hundreds of potentially harmful chemical ingredients in a span of cosmetics by the FDA and in the European Union (EU), the cosmetic ingredients space has been undergoing a paradigm shift. Cosmetic ODM, contract manufacturers, and beauty product manufacturers are increasingly …
Aircraft Tube and Duct Assemblies Market Key Players, Industry Overview, Applications and Analysis 2030
Passenger traffic in the aircraft industry continues to register growth rates above historical averages, supported by the reduced price of travel and increasing middle-class population in developing markets. This rise is playing a crucial role in driving the growth of the global aircraft tube and duct assemblies market. The global aircraft tube and duct assemblies market …
Maternity Apparels Market is Driven by Increasing Focus on Pregnancy Fashion and Evolving Fashion Trends
The market for maternity clothing is anticipated to reach US$ 21.6 billion in 2021. The market is expanding thanks to a growing number of working women who do so even while pregnant and an improving man to women ratio. The market is anticipated to grow in response, reaching US$ 41.3 billion by 2031. Base year (2020) Market …
Vegan Footwear Market is Rapid Increase Due to the Vegan Population and Growing Environmental Concerns
The global vegan footwear industry is predicted to reach US$ 42.18 billion in 2022 and grow at an annual rate of 8.0 percent between 2022 and 2030. Millennials have emerged as a crucial market demographic, displaying a strong desire to spend on trendy garments and footwear. The younger generation is exhibiting outstanding environmental awareness. To some extent, …
India Loyalty Program Market is Growing Due to these Programs they Offer them Additional Benefits and Encouraging them to Spend More Money
The India Loyalty Program market is estimated to top nearly US$ 2,922.9 Mn in 2022 and is projected to reach US$ 10,852.6 Mn by 2031 at a CAGR of ~15% from 2022 to 2031. The India loyalty program market holds approximately 4%-8% in the global loyalty program market. Loyalty programs are one of the marketing strategies that several retailers and companies have …