According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of soy milk are estimated to reach a value of USD 14.36 Billion by 2032, surging at 8.4% CAGR through the decade. To profit on impulsive buying, brands commonly use specialised merchandising equipment for retail locations, such as racks and displays for the …
Monthly Archives: September 2023
Meat Snacks Market Predicted to Attain US$ 21.3 Billion by 2032
The Meat snacks market is anticipated to reach a worth of US$ 10.1 billion by 2022 and then grow at a CAGR of 7.7% from 2022 to 2032, hitting US$ 21.3 billion by 2032. Meat snacks are now available in refrigerators and the ambient aisles of retailers, in addition to convenience stores. Several supermarkets feature dedicated end-cap displays for meat …
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Surging Demand for Gummed Tapes: Fiber-Reinforced Types Shine, Projected 6.2% CAGR Through 2031
The gummed tapes market is on a trajectory of remarkable growth, projected to witness a ~6.2% Compound Annual Growth Rate (CAGR) from 2021 to 2031. A recent market forecast reveals a nearly twofold increase in sales within this period. The study underscores the shift in demand towards fiber-reinforced gummed tapes, outpacing traditional paper gummed tapes, with demand …
Specialty Paper Market Poised for Remarkable Growth: Valuation to Reach US$ 26.9 Billion by 2033
The Specialty Paper Market is on a dynamic trajectory, positioned to achieve a valuation of US$16.3 billion in 2023 and an anticipated CAGR of 5.1% from 2023 to 2033, culminating in a projected worth of US$26.9 billion. This growth is fueled by escalating demand for distinct paper products tailored to unique applications. The Kraft segment, particularly in …
Dual Ovenable Lidding Films Market Soars: Projected to Reach US$ 142.3 Million by 2033 at 5.6% CAGR
With global revenues rising 2.8% in 2023, the market for dual ovenable lidding films experienced rapid expansion. According to a recent forecast by Future Market Insights (FMI), revenue would almost double between 2023 and 2033, reaching close to US$ 142.3 million in 2031 at a ten-year compound annual growth rate (CAGR) of 5.6%. Despite COVID-19’s sluggish sales, …
Explosive Growth on the Horizon: Global Digital Printing Packaging Market Set to Reach US$ 30,696.45 Million by 2033
The Digital Printing Packaging market is on a growth trajectory, projected to value at US$ 29,206.9 million by 2032, with a solid 5.1% CAGR from 2022. Fueled by rising demand for flexible packaging, this market revolutionizes the printing process. Unlike traditional methods, digital printing transfers digital files directly onto packaging materials, offering high-quality, accurate color output with …
Polyester Straps Market Set to Double by 2033: Innovations in Manufacturing Techniques Drive Expansion
The Polyester Straps Market is poised for substantial growth, with a projected valuation of US$1.0 billion in 2023, surging at a promising CAGR of 7.4% between 2023 and 2033 to reach an estimated worth of US$2.1 billion. This expansion is primarily attributed to the escalating demand for cost-effective solutions in various industries, underpinned by the advantageous properties …
Commercial Electric Restaurant Ranges Market Ignites with Growth: Set to Reach US$ 76.8 Billion by 2033
The global commercial electric restaurant ranges market is poised for a sizzling transformation, with a projected valuation of US$ 44.5 billion in 2023 and an exhilarating forecast that anticipates reaching a remarkable US$ 76.8 billion by 2033. This impressive growth trajectory, estimated at a compelling CAGR of 5.6% between 2023 and 2033, reflects a dynamic industry propelled …
Commercial Deep Fryer Parts & Accessories Market Set to Soar to US$ 730.5 Million by 2033 with a 12% CAGR
The global commercial deep fryer parts and accessories market is sizzling with growth prospects. In 2022, it already boasted a substantial valuation of US$ 210 million. Fast forward to 2023, and the market is on the verge of a deep-fried boom, with an expected valuation of US$ 235.2 million. But that’s just the appetizer; the main course …
Fueling the Future: Oil & Gas Valves Market Set to Exceed US$ 15,897 Million by 2029 with 3.5% Annual Growth
In an ever-evolving energy landscape, the global oil and gas valves market is poised for a remarkable transformation. By the end of 2029, it is expected to soar beyond the impressive milestone of US$ 15,897 Million, driven by a projected 3.5% Compound Annual Growth Rate (CAGR) during the forecast period of 2022-2029. What fuels this ascent? The …