The global home audio equipment market is anticipated at US$ 25 Billion in 2021. The sector is gaining pace as companies provide technologically improved home audio equipment with various wireless technologies. Thereby, garnering US$ 90 Billion in 2032, recording a CAGR of 12% from 2022-2032. The market is likely to secure US$ 30 Billion in 2022. Aside from that, the growing popularity of OTT services …
Monthly Archives: September 2022
Smoking Accessories Market Size is Projected to Reach USD 101 Bn by 2032 | FMI
The global smoking accessories market is anticipated to garner US$ 101 Billion while expanding at a CAGR of 4.2% during the forecast period. The market is estimated at US$ 64.3 Billion in 2021 and US$ 67 Billion in 2022. Increasing adoption of organic makeup by consumers is expected to play a salient role in driving the market during …
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Global Roll-Your-Own Tobacco Product Market to reach US$ 44.6 Billion by 2032 | FMI
The global roll-your-own tobacco products market is estimated to garner US$ 44.6 Billion while exhibiting a 3.8% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 30.8 Billion in 2022. The popularity of roll-your-own tobacco products has grown …
Retail Vending Machine Market Value to more than Double to Reach US$ 130 Bn by 2032 | FMI
The global retail vending machine market is likely to secure US$ 130 Billion by 2032 while expanding at a CAGR of 9% during the forecast period. Increasing adoption of a vending machines in a large number of fitness clubs around the globe for offering their clients supplements like soft drinks, protein bars, energy drinks, and others, is …
Agricultural Equipment Market Global Industry Overview and Competitive Landscape till 2032
The global agricultural equipment market is expected to be valued at US$ 68.12 Billion in 2022. With the increasing growth of the farm mechanization, coupled with the increase in investments by OEMs for Agricultural Equipment, the overall demand for agricultural equipment is projected to grow at a CAGR of 4.8% between 2022 and 2032, totaling around US$ 108.86 Billion by 2032. The demand …
Electric Motor Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2031
Global sales of electric motors are set to be valued at over US$ 104 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). A new report estimates the market to expand at over 5.1% CAGR from 2021 to 2031. According to Future Market Insights (FMI), increasing automation and robotics …
Packaging Films Market is expected to set new benchmark of US$ 71 Mn and account for nearly 36% market share By polyethylene based Segment
The global packaging films market is estimated at US$ 143.7 billion in 2022 and is projected to reach US$ 209.7 billion by 2032, at a CAGR of 3.9% from 2022 to 2032 . The polyethylene (PE) film segment accounts for almost 36% share of the global packaging films market. The food industry is expected to remain the top end user of the packaging …
High Pressure Processing Equipment Market is Expected to Generate Huge Profits by 2026
Future Market Insights (FMI) has identified few of the major trends governing the overall market for high-pressure processing equipment (HPPE). In brief, rapid adoption of high pressure processing technique among premium juice manufacturers, automation and technological innovation and growing number of HPP tolling service providers are playing a major role in shaping the market trajectories currently. Hiperbaric …
Multiwall Bags Market Overall Sales Have been Forecast to Top US$ 23.0 Bn by 2032
With the increasing sales of multiwall bags in recent years, the packaging business has seen substantial expansion. As per Future Market Insights (FMI), the multiwall bags market will grow by 4.4% between 2022 and 2032, reaching US$ 23 Bn by the end of the forecast period. The need for multiwall bags is growing for packaging in fertilizer, …
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Tags Market Worth US$ 18.2 Billion By 2026 | CAGR 5.2% – By FMI
Usage of tags has been drastically increased in brand promotions of products through printing technology. Future Market Insights (FMI) has forecast the tags market to grow by 5.2% CAGR between 2022 and 2032. Custom printing of bar codes help consumer to track products as per the information in accordance with their needs. Quality of printing …
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