New Product Development
Modular robots are referred to as re-configurable robots, as they are capable of changing their configuration according to the environmental conditions. Modular robotic systems are composed of many independent, autonomous, and programmable modules that are physically connected to each other. During the forecast period, the modular robots market is expected to grow at a robust CAGR of 18%. …
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The ASEAN organic cosmetics market for organic cosmetics stood at an overall valuation of US$40 billion in the year 2015. Over the course of the given forecast period of 2016 to 20224, the market is supposed to reach a total valuation on US$66 billion. This growth of the ASEAN market for organic cosmetics is expected to be …
The strapping tapes market is projected to reach a valuation of US$ 33.4 Billion by 2032, likely to surge at a vigorous 4.4% CAGR from 2022 – 2032. FMI, in its upcoming business report, elaborates the historical and current scenario of the global Strapping Tapes Market in terms of production, consumption, volume, and value. The report scrutinizes the market …
Continue reading “Strapping Tapes Market Primarily Due to Huge Demand in Developing Economies”
The global oxy-fuel welding equipment market is anticipated to have a moderate 6.4% CAGR, capturing a revenue share of US$ 1474.6 million in 2022, to reach US$ 2734.5 million by 2032. The oxy-fuel welding process is a welding technique utilizing a compressed mixture of high energy density fuel and oxygen to generate a flame capable of elevating the temperature of the material …
The molded pulp packaging machines market is slated to expand at 3.4% CAGR between 2022 and 2032, surpassing US$ 797.1 Mn by 2032. The molded pulp packaging machines recycle the paper or cardboard into trays, clamshells, boxes, plates etc. and help in customizing the products according to the requirement. Molded pulp machine ensures that the products are manufactured efficiently and …
The Size Of Commercial Induction Cooktops Market is expected to be valued at US$ 17.5 Billion in 2032 and exhibit immense growth at a CAGR of 8.2% in the forecast period from 2022 to 2032. Increasing number of non-residential development projects across the globe is anticipated to drive the sales of commercial induction cooktops in future years. As per FMI, the …
The butchers paper market forecasted to registering 4.5% CAGR during the forecast period (2022-2032) and to reach US$ 390.3 Million by 2032. Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Butchers Paper Market over the Assessment Period 2022-2032. As …
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The global sorting equipment market size totaled US$ 3.7 Bn in 2021 and is projected to create an incremental opportunity of US$ 7.5 Bn by the end of 2032. The demand for sorting equipment in the global market is estimated to surpass US$ 3.9 Bn by 2021, expanding at a CAGR of 5% to 6% during the forecast period 2022-2032. Additionally, these devices automatically sort objects based on …
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The global coffee bags market was valued at around US$ 561.1 Mn in 2021, registering y-o-y growth of 4.4% in the same year. Sales of coffee bags are projected to grow at 5.1% CAGR from 2022 to 2032 and reach US$ 585.6 Mn by 2022. A new forecast by FMI estimates that the coffee bags profit margin will nearly double between 2021 and 2031. …
The global composting equipment market is anticipated to be valued at US$ 120.0 Million in 2022, forecast to grow at a CAGR of 3.4% to be valued at US$ 168.1 Million from 2022 to 2032. Growth is attributed to the changing the lifestyle of consumers. Composting equipment is used to create fertiliser and rich soil conditioner (humus) from organic materials such as animal waste, municipal sludge, …
