New Product Development
The global laundry care market are expected to total between US$ 25 Bn and US$ 35 Bn in 2021. With growing demand for eco-friendly packaged laundry care products and increasing adoption of detergent pods, demand for laundry care products will increase at a high pace. In terms of volume, FMI has forecast the laundry care market size to …
Continue reading “Laundry Care Market Size to Grow by 4% CAGR in 2031 | FMI”
The colour cosmetics industry is anticipated to grow at a CAGR of 5%. Sales of colour cosmetics will reach US$ 50 billion by 2031 as demand for natural and organic colour cosmetics and facial makeup products continues to grow. The growing demand for eco-friendly cosmetics and the inclusion of cutting-edge technologies like artificial intelligence will be favourable for the market for …
Continue reading “Colour Cosmetics Market is Estimated to Reach at a 5% CAGR in 2031 | FMI”
The demand in the South America residential water treatment equipment market will multiply at a CAGR of 9.2% during the forecast period of 2016 to 2026. In 2016, the total opportunities in this market translated into a revenue of US$330.0 mn. On the other hand, lack of awareness among consumers, cost of equipment, installation, and periodic services, and aging …
The mobile phone accessories market is valued at US$ 86.6 Billion in 2021. The market is likely to grow at a CAGR of 6.7% through 2031, reaching US$ 166 Billion. The demand for mobile phone accessories has quickly increased as a result of the adoption of IoT in homes, and this trend will likely continue in the …
The smart water bottles will expand at a CAGR of roughly 11%An increase in per capita IT spending and a rise in health concerns have both had a substantial impact on people’s attitudes about smart water bottles. It provides a more accurate picture of daily water usage. For younger generations that engage in physical activities like …
Continue reading “Smart Water Bottle Market -China will emerge as a hub of smart bottle production”
The POU Water Purifiers is anticipated o have a CAGR of 7.5% through 2032 and POU water purifier market size is anticipated to be US$ 50.63 billion by 2032 Products with high purification capacities, such as those that combine reverse osmosis (RO) and ultraviolet (UV) technology, are more popular in the POU water purifiers market. Additionally, …
The global industrial solar water heaters market is likely to accumulate a market value of US$ 791.8 Million in 2022 and is expected to accumulate a market value of US$ 1,138.9 Million by registering a CAGR of 3.7% in the forecast period 2022-2032. The demand from end-user industries and commercial sectors is driving growth in …
By the end of 2032, the global mining shovel market is anticipated to generate an absolute dollar opportunity of over US$ 10 Bn. By 2022, sales of mining shovels are anticipated to reach about US$ 7.8 billion, growing at a CAGR of 2% to 3% from 2022 to 2032. It is anticipated that placing more …
In 2022, it’s expected that sales of automatic fire suppression systems (AFSS) will top US$ 17 billion. Sales are anticipated to increase at a 5% CAGR over the assessment period due to growing worries about the security of professionals working in the industrial and commercial sectors. The system’s light weight makes it simple to integrate …
In 2022, it is anticipated that the market for protective equipment will be worth $55.6 billion. The overall sales of personal protective equipment are anticipated to grow at a healthy CAGR of about 6.3% between 2022 and 2032, reaching more than US$ 96.4 billion by 2032 due to a growing focus on enhancing worker safety …
