The global cutlery market is expected to be worth US$ 10.0 Billion in 2023. Demand in the market is expected to reach US$ 20.3 Billion by 2033, registering an 6.4% CAGR over the forecast period (2023-2033). The cutlery is utilized to prepare, serve, and eat food. As such, cutlery comes under the homewares segment and its two sub-categories: cooking (for kitchen knives and utensils) …
Monthly Archives: April 2023
Understanding the Demand for High Carbon Bearing Steel in Various Industries: Emerging Trends and Opportunities
In 2022, the value of the world market for high carbon bearing steel was estimated to be around US$139.6 billion. Also, due to the increasing demand for highly effective and lightweight bearings in sectors such as automotive, construction, and marine, global demand of high carbon bearing steel are expected to increase at a strong CAGR …
An Overview of the Global Disinfectant Chemicals Market: Trends and Forecasts
The global disinfectant chemicals market stands at US$ 2.5 Bn as of now and is expected to reach US$ 4 Bn by the year 2032 at a CAGR of 5% between 2022 and 2032. Disinfectant chemicals are gaining popularity due to the capacity to neutralize, regulate, or eradicate germs found on the inanimate objects or surfaces. As …
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Slow Cooker and Sous Vide Market is Projected to Reach at a US$ 13.07 billion in 2033 | FMI
The slow cooker and sous vide market is projected to reach a valuation of US$ 7.65 billion in 2023 and is anticipated to exhibit a compound annual growth rate (CAGR) of 5.5% from 2023 to 2033 and reach US$ 13.07 billion in 2033. The global slow cooker segment has witnessed an increment sales of the products over the years on the back of …
Allantoin Extract for Skincare Products Market is Projected to Reach at a US$ 1,127.88 million in 2033 | FMI
The allantoin extract for skincare products market is anticipated to expand to a notable valuation of US$ 726.27 million in 2023 and is poised to exhibit a compound annual growth rate (CAGR) of 4.5% from 2023 to 2033 and reach US$ 1,127.88 million in 2033. The hectic schedule and lifestyle, Grooming has become the key components in the life of men and women and …
Fire Retardant Fabrics Market will Grow gradually at 6% CAGR during the forecast period of 2022 to 2032
The global fire retardant fabrics market is expected to reach US$ 6.27 billion by 2032. The discovery of new application areas is expected to boost demand for flame retardants. According to FMI, the global market share of fire retardants was US$ 3.5 billion in 2022 and is expected to grow at a CAGR of 6 % over the …
Online Home Rental Market is Expected to Grow at a CAGR of 14% During the Forecast Period 2023-2033
The online home rental market is expected to be worth US$ 18.24 billion in 2023. Demand in the market is expected to reach US$ 77.09 billion by 2033, registering an 14% CAGR over the forecast period (2023-2033). The online home rental service market is growing and developing in recent years as the existing organizations in the market are successfully satisfying the customer needs. Housing …
2-Hexyldecanol Market is Forecast to Reach a Valuation of US$ 111 Billion by the end of 2032
In 2032, the market for 2-hexyldecanol is anticipated to be worth US$ 111 billion. It is projected that the demand for 2-hexyldecanol would increase in the future due to growth in the cosmetics industry in low-income nations. According to FMI, the global 2-hexyldecanol market share was US$ 75 billion in 2022 and is anticipated to …
Glass Fiber Reinforced Plastic (GFRP) Composites Market to be worth US$ 41.53 Billion by 2033 | CAGR of 8.4%
The glass fiber reinforced plastic (GFRP) composites market is estimated to capture an impressive valuation of US$ 18.54 billion in 2023, and is growing to US$ 41.53 billion by 2033. The market is projected at a CAGR of 8.4% during the forecast period. Growing demand for high durability, flexibility, and premium quality products is increasing the adoption of …
Breast Biopsy Devices Market is projected to reach US$ 3.6 Billion by the end of 2032 | FMI
The global demand for breast biopsy devices is expected to grow at a CAGR of about 5.5% from 2022 to 2032, with a market valuation of around US$ 2.1 billion in 2022. According to Future Market Insights, the biopsy needle segment as a product will account for approximately 23.4% of the global market in 2021. Market Outlook: …