The increasing prevalence of urinary tract infection (UTI) and the growth in the number of prescriptions of quinolone antibiotics are expected to fuel the growth of the Urinary Tract Infection Treatment Market size is anticipated to be over US$ 12.54 Billion in 2022. According to a new study published by Future Market Insights (FMI), the …
Monthly Archives: August 2023
Empty Capsules Market is forecasted to attain a total valuation of US$ 4.9 Billion by the year 2033, to grow at a 7.9% CAGR
The global Empty Capsules Market size is expected to reach US$ 2.3 billion in 2023. The market is estimated to grow at a 7.9% CAGR during the forecast period, reaching a total worth of US$ 4.9 billion by 2033. Rising medicine consumption, combined with the increasing preference of capsules over other drug delivery options, is a primary factor …
Hemostat Market is on track to experience a CAGR of 5.5% by 2032, crossing the milestone of US$ 134.43 Million
Future Market Insights (FMI) offers a 10-year forecast of the Hemostat Market between 2022 and 2032. In terms of value, the Hemostat market is likely to record a value of US$ 78.70 Mn in 2022. And likely to secure a CAGR of 5.5% through 2032 to cross US$ 134.43 Mn by 2032 This study demonstrates market dynamics …
Carbon Offset Platform Market Soars High on the Back of Eco-conscious Initiatives – FMI
Future Market Insights estimates that the size of the worldwide carbon offset platform market was US$ 58.8 million in 2018. The global market is anticipated to reach US$ 133.1 million in 2023 as a result of the demand for carbon offset platforms seeing Y-o-Y increase of 17.9% in 2022. Sales of carbon offset platform solutions …
AI in Media & Entertainment Market Soars to New Heights: FMI Report Reveals Striking Growth Projections
The market for artificial intelligence in media and entertainment is expected to reach USD 13.6 billion by 2022, with an estimated value of USD 10.4 billion in 2021. By 2032, the market is projected to generate USD 132.16 billion, with a CAGR of 26% over the five-year forecast period from 2022 to 2032. The market’s …
Global Paper Tapes Market Forecast: Surging to US$ 9.0 Billion by 2033 with 4.6% CAGR Growth
The paper tapes market is experiencing notable growth owing to its eco-friendly and versatile properties. As a sustainable alternative to conventional plastic tapes, paper tapes are gaining popularity in various industries, including packaging, construction, and arts and crafts. With increasing environmental concerns, businesses are transitioning towards more eco-conscious practices, driving demand for paper-based solutions. Paper …
Straw Market Set for Steady Growth with 5.3% CAGR and $32.2 Billion Projections by 2033
The straw market refers to the industry and trade surrounding the production and distribution of drinking straws. Historically, plastic straws dominated this market, but with growing environmental concerns, there has been a significant shift towards more sustainable alternatives. Biodegradable, compostable, and reusable straws made from materials like paper, bamboo, metal, and silicone are gaining popularity. …
Surging Demand for Flexible Plastic Packaging Market in the E-commerce Boom Amidst Covid-19
The flexible plastic packaging market is experiencing robust growth due to its numerous advantages. Versatile, lightweight, and cost-effective, it caters to diverse industries like food, beverage, pharmaceuticals, and consumer goods. Its ability to extend shelf life, preserve freshness, and ensure product safety enhances its appeal. As sustainability gains prominence, eco-friendly options like biodegradable and …
Aluminum Foil Containers Market Projected to Reach US$ 6.5 Billion by 2033: Growing Demand for Cost-effective and Lightweight Packaging Solutions Drives Growth
The aluminum foil containers market is expected to reach a valuation of US$ 3.8 billion in 2023 and record a CAGR of 5.5%. By 2033, the valuation is projected to reach US$ 6.5 billion over the forecast period. The aluminum foil containers market is assisting the food and beverage industry by providing packaging solutions that are useful …
Projected Growth of Global Steel Drum Market: Reaching US$ 20.8 Billion by 2033 at a CAGR of 5.6%
The steel drum market is experiencing robust growth due to its versatility and wide-ranging applications. These unique instruments, originating from Trinidad and Tobago, have transcended cultural boundaries to become popular worldwide. The market expansion is driven by the rising demand for diverse musical experiences, particularly in the entertainment and music industries. Moreover, steel drums have …