New Product Development
The active wear market size is expected to escalate at a CAGR of 6.4% from USD 421.2 billion in 2022 to USD 779.9 billion through 2032. One of the key factors contributing to the growth of the active wear market is the unique benefits offered by active wear, such as quick-drying, thermal resistance, breathability, chemical resistance, and static resistance. However, the increase in the number …
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The global custom t-shirt printing market size is estimated to be valued at US$ 3,579.1 Mn in 2022 and will surpass US$ 9,009.3 Mn by 2032. The custom T-shirt printing market is expected to contribute over ~2% – 3% in apparel market. Customized t-shirts are gaining immense popularity among younger generation. Growing trend of wearing graphic, pre-printed t-shirts with movie logos and slogans is propelling …
The global wetsuit market size is anticipated to surpass a US$ 1.78 Bn valuation in 2021. The demand for wetsuits is anticipated to increase at a 6.5% CAGR between 2021 and 2031. Sales of wetsuits are driven by shifting consumer preference in favor of novel design that provide them best experience at reasonable prices. Growing competition among brands is encouraging …
The golf cart market is anticipated to reach a valuation of US$ 1.34 billion in 2022, according to a recent market analysis by Future Market Insights (FMI). Through 2032, the market is predicted to expand at a CAGR of 3.9%. The need for low-speed vehicles has increased for a number of functions, including short-distance commuting …
The global automated people mover market is projected to grow at a value CAGR of 5.8%, to reach a valuation of over US$ 4.3 Bn by 2032. Rising demand for transit solutions at airports will fuel sales in the market. Air travel is becoming increasingly popular as a result of reasons such as reduced travel …
According to a new study by Future Market Insights (FMI), the global bicycle tire market is expected to be valued at ~US$ 6.4 Bn in 2021. Rising demand on environment-friendly modes of commuting is expected to help the market gain impetus in the coming years. The electric vehicle (EV) revolution has dramatically altered the global automotive landscape. …
Continue reading “Bicycle Tires Market Trends, Growth, Future Demand, Analysis and Forecast by 2031”
The anti-pollution skin care products market size will surpass US$ 6.5 Bn in 2021, is expected to register positive growth trajectory at an above average CAGR of 11.0% through the assessment period. Natural substances used in cosmetics and toiletries are in high demand, and this trend is predicted to continue. The recent rise in consumer concern for their health, …
Over the forecast period of 2022-2032, the driver monitoring system market is expected to grow at a CAGR of 7.5% to reach a valuation of US$ 8,770.9 Mn by 2032. The driver monitoring system market will gain from the surging demand implementation of stringent regulations mandate the use of advanced technology like driver monitoring system …
According to a new study of Future Market Insights (FMI), the automotive remote diagnostics market is projected to record a CAGR of nearly 18% through 2028. Growth of the automotive remote diagnostics market will continue to remain bolstered by a plethora of factors, which range from increasing focus of automakers on reducing maintenance cost & downtime and …
Compact wheel loaders are utilized in several industries to load materials from one place to another. They are majorly used in the construction industry, where they are a stepping-stone between skid steer and large wheel loaders. In addition, compact wheel loaders are used in the agriculture, industrial, and utility sectors. Increasing preference towards electric compact wheel …
