New Product Development
The pet lodging market is estimated to be valued at US$ 3.1 Billion in 2022 and is projected to reach US$ 5.0 Billion by 2032, expanding at a CAGR of 5% from 2022 to 2032. Share of pet lodging in its parent market (pet care market) is approximately ~1%-2%. One of the main factors propelling growth in the pet lodging industry is the sharp …
Continue reading “Pet Lodging Market is Expanding at a CAGR of 5% from 2022 to 2032 | FMI”
As per FMI, the elevator ropes market in China is estimated to be valued at US$ 202.2 Mn in 2022 and is further expected to grow at a CAGR of 4.5% between 2022 and 2032, reaching a valuation of US$ 314.6 Mn by the end of 2032. Rapid growth of building and construction industry coupled with increasing …
The pet monitoring camera market is projected at US$ 54.3 Mn in 2022 and is projected to reach US$ 93.5 Mn by 2032, exhibiting a CAGR of 5.5% between 2022 to 2032. Share of pet monitoring market in its parent market (pet care market) is approximately ~10-20%. The market for pet monitoring cameras is being driven by the rising consumer desire for advanced technology to …
The global integrated gas system market is set to reach a valuation of US$ 458.7 Mn in 2022. It is anticipated to exhibit a CAGR of 7.4% during 2022 to 2032 and is expected to top a valuation of US$ 934.1 Mn by 2032. High demand from various end-use industries such as semiconductor, oil & gas, chemical, …
The global pet shampoo market is forecast to reach US$ 517 Mn in 2022. With demand growing at a steady 6% CAGR over the assessment period, the market valuation will reach US$ 934 Mn by 2032. The pet shampoo market. In addition, rising pet adoption is expected to increase demand in the market. Pet shampoo is designed as per the pH of pet skin which …
Continue reading “Pet Shampoo Market Demand Growing at a Steady 6% CAGR in 2032 | FMI”
The market for full body scanners is expected to reach US$ 311.0 million in 2022 and is projected to grow at a CAGR of 10.9% to reach US$ 876.0 million by 2032. Increased application in end-user industries is credited with growth. A CAGR of 7.0% was recorded for the full body scanner market from 2016 to 2021. …
The bird toys market size is estimated to reach US$ 386 Mn in 2022. With demand growing at a 5% CAGR over the forecast period, the market valuation is projected to reach US$ 631 Mn by 2032. Total sales of bird toys represent 12-14% of the global pet toy market. to burn off energy and engage their pet birds. Toys for birds give both physical and mental stimulation. …
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The reusable nursing pads market is likely to register a CAGR of 1.9% during the forecast period, and is anticipated to reach a market share of US$ 4.74 Billion in 2032, from US$ 4 Billion in 2021. Factors driving the global nursing breast pads market include an increase in demand for improved healthcare services, an increase in the occurrences of illnesses such as cancer and others. Reusable nursing …
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The global automatic ducting machine market is expected to garner a market value of US$ 1,554.2 Million in 2022 and is expected to accumulate a market value of US$ 2,322.9 Million by registering a CAGR of 4.1% in the forecast period 2022-2032. Growth of the automatic ducting machine market can be attributed to demand from chemical processing and utilities/power industry. Wet steam decreases thermal efficiency in any …
The hair extension market is likely to register a CAGR of 5.3% during the forecast period, and is anticipated to reach a market share of US$ 4.99 Bn in 2032, from US$ 2.38 Bn in 2021, due to the changing lifestyle in developing countries and increasing product availability. Owing to rising disposable income and urbanization in the region, Latin America is projected …
Continue reading “Hair Extensions Market is Estimated to Grow at a 5.3% CAGR in 2032 | FMI”
