New Product Development
The GCC outbound tourism market to be appraised at US$ 65.5 Billion by 2032, up from US$ 18.3 Billion in 2022, progressing at a considerable CAGR of 13.60% during the forecast period. Outbound tourism is when an individual travels outside his native country, either for vacation or business trip. Outbound tourism impacts the economy of a country owing to tourist spends; …
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The global event tourism market to progress at a CAGR of 4% during the forecast period, from US$ 1.5 Trillion in 2022, the market is predicted to reach US$ 2.1 Trillion by 2032. Event tourism is the systematic planning, marketing and holding of events at tourist destinations. It is done in order to increase the number of domestic as well …
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The global Colombia Colombia Agro Tourism market to be evaluated at US$ 7.1 Billion by 2032, up from US$ 3.7 Bn in 2022, at a CAGR of 6% From – 2022-2032 Colombia Agro Tourism is an extension of ecotourism as it lets visitors experience the life and activities on a farm. Tourists stay at agriculture oriented properties and observe the …
The global Cruise Tourism market to be appraised at US$ 17.4 Billion by 2032, up from US$ 5.3 Billion in 2022, advancing at a CAGR of 11.97% during the forecast period. The launch of novel inventive ships with technological advancements and numerous onboard activities for the travellers to enjoy is one of the primary factors driving the demand for cruise tourism. …
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The global casino hotel market to be assessed at US$ 311.6 Billion by 2032, up from US$ 191 Billion in 2022, at a CAGR of 4.7% from 2022 – 2032 A casino hotel is a facility that provides temporary lodging services, casino services and restaurant – bar services. The customers are benefitted by both lodging as well as …
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The market for food blenders and mixers is anticipated to grow at a CAGR of 6% over the course of the forecast period, from US$ 8.43 billion in 2022 to US$ 15.10 billion by 2032. Blenders are multipurpose appliances that have a variety of utilization in the home, business as well as in laboratory. The major function in home and bar application is …
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The dishwasher market is estimated at US$ 34,194.8 Mn in 2022 and is projected to reach US$ 58,409.6 Mn by 2032, at a CAGR of 5.5% from 2022 to 2032. Share of dishwasher market in its parent market (house appliance market) is approximately ~2%-6%. The Internet of Things (IoT) has risen in popularity among residential users as a result of the benefits gained by connecting …
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The built-in coffee machine market in Europe is expected to reach a value of more than US$ 5.82 Bn in 2022, with sales growing at a 6.5% CAGR through 2032. (FMI). Sales of built-in coffee makers are increasing in Europe due to the rising popularity of home coffee brewing using traditional methods and the soaring desire for automated kitchen appliances. …
The baby changing station market is likely to register a CAGR of 4% during the forecast period, and is anticipated to reach a market share of US$ 26.29 Bn in 2032, from US$ 17.08 Bn in 2021, as consumers are conscious about the health and hygiene of the infants.Baby changing station is basically wall mounted in a horizontal or vertical …
The global residential dishwashers market is projected to record a CAGR of 7.1% from 2022 to 2032.Consumers are now more aware of the advantages of utilizing residential dishwashers due to the increased appliance penetration rates. The shifting customer preferences for sanitization tools have had a significant impact on the demand for domestic dishwashers. The main factor encouraging the global adoption …
