The produce packaging market is anticipated to enjoy robust demand, with a total value of US$ 34,470.9 million in 2023 increasing to US$ 44,447.6 million by 2033. Between 2023 and 2033, FMI expects the sales of produce packaging to expand at a 2.6% CAGR. Changing eating habits and lifestyles may cause people to buy more packaged goods, …
Monthly Archives: May 2023
Ziplock Products Market – China Holds Around 61.7% Share of the East Asia Market | Says FMI
The ziplock products market is anticipated at US$ 2.2 Billion in 2022 and is projected to reach US$ 4.5 Billion by 2032, at a CAGR of ~7.5% from 2022 to 2032. To capitalize on the growing demand from a wide range of industries, ziplock products manufacturers are using innovative technology such as lamination and eco-friendly materials. As food items include food grade …
Blowing Torch Market in the Butane Segment Currently Accounts for Over 32% of the Global Market
The global blowing torch market size is expected to reach US$ 318.5 Million in 2022 and further grow at 4.8% CAGR during the forecast period from 2022 to 2032. Moreover, sales of blowing torches in the global market are projected to surpass a valuation of US$ 510.1 Million by 2032. Demand in the market is especially high for gas blowing torches due to …
Leading players in the Metal Bellows Market are Estimated to Account for Approximately 10-15% of the Total Market Share
The global metal bellows market size is expected to reach US$ 1,968 Million in 2022. Furthermore, with rising adoption across various industries, the overall demand for metal bellows is projected to grow 6% CAGR from 2022 to 2032, totalling a market valuation of US$ 3,550 Million by 2032. Bellows come through as ‘flexible seats’, mainly due to the fact that they have a …
Demand for Pet Hotels Market is Likely to Grow at a CAGR of 8.4%, through 2032 | FMI
The global pet hotel market is predicted to reach a value of US$ 9679.1 Million by 2032, with sales growing at a robust CAGR of 8.4% from 2022 to 2032. Predicted to reach an estimated US$ 4320.6 Million in 2022, the target market is fueled by shifting and prevailing trends for premium pet services. The growing awareness of veterinary health further aids the …
European Hydration Backpack Market Share Currently Stands at 38% of the Global Market Share | FMI
The global hydration backpack market size is expected to reach US$ 388 Million and is projected to grow at a CAGR of 12%. Due to increased participation in sports and recreation activities, the global market will reach a value of US$ 5735 Million by the year 2033. Several health concerns regarding plastic usage and bottled water have led to consumers switching to eco-friendly …
Enameled Cookware Market – Le Creuset France SAS, Staub Fonderie SA, Lodge Manufacturing Company, Tramontina USA Inc
The global enameled cookware market is currently valued at US$ 1.95 Billion in 2023 and is anticipated to expand at a CAGR of 6.45%. Owing to the technological advances in healthcare sector the market is likely to propel to US$ 3.64 Billion by 2033. Industry leaders are investing heavily in R&D to provide cookware products that suit every aspect of consumer needs, which …
Europe Demi-fine Jewellery Market is Expected to Experience a CAGR of 3.5% in 2033 | FMI
The global demi-fine jewellery market was valued at US$ 2,541.40 Million in 2033, with a compound annual growth rate (CAGR) of 3% anticipated from 2023 to 2033. Demi-fine jewellery is an appealing gift option for consumers of all ages and on a variety of occasions due to its affordability and use of high-quality materials. As a result, it stimulates the …
Hunting Equipment & Accessories Market -American Outdoor Brands Corp., Beretta Holding SA, BPS Direct LLC. Buck Knives
The global hunting equipment & accessories market is currently valued at US$ 23.21 Billion in 2023 and is anticipated to expand at a CAGR of 7.8%. Owing to the technological advances in hunting equipment the market is likely to propel to US$ 49.19 Billion by 2033. The rising popularity of hunting activities is encouraging market sellers to enlarge their product portfolio and …
Tinted Cosmetics Market in the Face Cosmetics Category Holds over 42% Share of the Global Tinted Cosmetics Industry | FMI
The global tinted cosmetics market is estimated at US$ 1.5 Billion in 2022 and is projected to reach US$ 2.29 Billion by 2032, with overall sales accelerating at a CAGR of ~4.3% from 2022 to 2032. Tinted cosmetics are lighter than other makeup and cosmetic products, and do not affect skin health, as they have simple pigments without any chemical compounds. Tinted …