The global bio-plastic industry is anticipated to reach a valuation of US$ 96.6 billion in 2023, driven by consumer education and awareness. The trend is likely to open up new prospects for the market, resulting in a projected CAGR of 30.2% between 2023 and 2033, with a total valuation of over US$ 1,353.3 billion by …
Monthly Archives: October 2023
Global Pump & Dispenser Market: North America, Europe, and Asia Lead the Charge, Reaching US$ 12.4 Billion By The Year 2030 At A CAGR Of 4.3% | FMI
The pump & dispenser market is poised for steady growth from 2022 to 2030, with a projected Compound Annual Growth Rate (CAGR) of 4.3%, propelling its value to US$ 12.4 billion by 2030. The global pump and dispenser market is set to witness significant growth, with North America leading the way, closely followed by Europe …
North America Dominates Dairy Products Packaging Market: A Taste for Convenience, Projected Value Of US$ 43.6 Billion By 2030
Between 2022 and 2030, the dairy products packaging market is expected to exhibit a compound annual growth rate (CAGR) of 4.5%, with a projected value of US$ 43.6 billion by 2030. North America commands a significant portion of the global dairy products packaging market, holding over 30% market share. This is largely attributed to the …
Multi-Cloud Management Market Emerges as a Dominant Force, Anticipated to Achieve a Staggering US$ 121.35 Billion by 2033, Boasting a Spectacular 28% CAGR
The multi-cloud management market is experiencing significant growth, projected to reach a staggering US$ 121.35 billion by 2033, with an impressive annual growth rate of 28%. This trend underscores the increasing importance of efficiently managing multiple cloud services for businesses and organizations as they navigate the digital landscape. The market is expected to develop throughout …
Magnesium Hydroxide Industry Expansion Forecast: Aiming for US$ 1,845.32 Million by 2033 with a 5.8% CAGR
The global magnesium hydroxide industry was projected to reach US$ 992.5 million in 2022. By the end of 2023, the market is expected to be worth US$ 1,050.07 million USD. The magnesium hydroxide market is expected to increase at a 5.8% CAGR to US$ 1,845.32 million by 2033. Because of the rising pharmaceutical and healthcare industries, …
USA’s Dominance in Pharmaceutical Packaging Market: Projections and Drivers, Totaling A Massive Valuation Of US$ 206.6 Billion By 2033.
According to Future Market Insights, the global pharmaceutical packaging market is likely to be valued at US$ 101.1 billion in 2023. By 2033, the market valuation is expected to reach a colossal valuation of US$ 206.6 billion by 2033, with overall pharmaceutical sales surging at 7.5% CAGR throughout the assessment period (2023 to 2033). The USA is set to maintain its stronghold in …
Laser Technology Market Poised for a Bright Future: Anticipated to Achieve a 7.8% CAGR and Surpass US$ 35.4 Billion by 2032
The global laser technology market is expected to grow significantly in the coming years. It’s projected to expand from US$ 16.7 billion in 2022 to US$ 35.4 billion by 2032. This growth represents a strong annual increase of 7.8% on average from 2022 to 2032. The rising adoption of laser technology in the automotive and …
Braille Clothing Tags Market Growth: Industry Insights by Size, Share, Trends, Opportunities and Regional Analysis by 2031
The Braille clothing tags market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 4.5% in the forecast period. While Braille clothing tags sales are expected to witness modest expansion in the short term, the long-term outlook points to explosive growth. This growth trajectory is primarily attributed to the increasing …
Burma Tourism Market on a Steady Growth Path, Expected to Reach US$ 1.52 Million by 2032 with a CAGR of Over 2% | FMI
The Burma tourism market is poised to reach a valuation of US$ 1.02 Million in 2022. Sales are projected to increase at a 2% CAGR, with the market size reaching US$ 1.52 Million by 2032. The Myanmar’s government has stated that it will invest 500 million USD to modernize its tourism infrastructure. The Asian Development Bank and the Norwegian government will work together …
BRICS Tourism Market Set for Robust Growth, Anticipates 4% CAGR, Eyes US$ 688.3 Billion by 2032 | FMI
The BRICS tourism market is poised to reach a valuation of US$ 465 Billion in 2022. Sales are projected to increase at a 4.0% CAGR, with the market size reaching US$ 688.31 Billion by 2032. Shri G Kishan Reddy emphasized that ecotourism, cultural tourism, nature and wildlife tourism specific locations may be utilized to improve visitor influx after the BRICS alliance for …