In 2023, the Recyclable Plastic Films Market is anticipated to be worth US$24,230 Million. By 2033, it is anticipated to be valued US$ 39,785 Million, growing at a substantial CAGR of 5.1%. Technological advancements support the development of recyclable films with improved properties and end-of-life options. The market is expanding rapidly due to growing consumer awareness and …
Monthly Archives: November 2023
Cloth Diaper Market is Estimated to Stand at US$ 6.99 Billion by 2033 | FMI
The global cloth diaper market is predicted to register a CAGR of 8.5% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 3.09 billion in 2023 to US$ 6.99 billion by 2033 end. The cloth diaper industry is propelled by the rise birth rate, expanding elderly population, and urbanization. Additionally, factors like upgrades in the …
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Bar Soap Market is Expected to Increase at a 4.04% CAGR from 2023 to 2033 | FMI
The Bar Soap Market accounted for US$ 29.40 billion in 2022, expanding at a 4% CAGR from 2018 to 2022. it is expected to increase at an 4.04% CAGR from 2023 to 2033, from US$ 30.34 billion in 2023 to US$ 45.08 billion in 2033. Increasing Personal and Household Hygiene Awareness to Drive Product Demand Keeping cleanliness is critical in order to decrease the …
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Furniture Rental Market is Projected to Showcase a Noteworthy CAGR of 7.1% During the Forecast Period 2033 | FMI
The global furniture rental market size is projected to witness staggering growth from 2023 to 2033. According to the research report published by FMI, the global market is anticipated to exceed a valuation of US$ 55.75 billion in 2023. It is likely to reach a valuation of US$ 110.69 billion by 2033. The market is projected to showcase a noteworthy CAGR of …
Landscaping Services Market is Likely to Register a CAGR of 6.2% During the Forecast Period 2033 | FMI
The landscaping services market is securing a valuation of US$ 314.35 billion in 2023 and is projected to reach US$ 573.67 billion by 2033. The market is capturing a CAGR of 6.2% during the forecast period. How Does Government Support Upsurge of the Global Market? There are several ways the government support the landscaping industry, including: Regulation: Government may implement landscaping regulations, such …
Electric Vehicle Battery Market Poised for a Remarkable 8.5% CAGR, Targeting US$ 21,258.4 million by 2033
The electric vehicle battery market is forecast to experience a growth of 8.5% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 9,402.3 million in 2023. Leading auto markets including the US and Europe are predicted to see an acceleration of the demand …
Kids Storage Furniture Market is Pushing the Industry Size to US$ 65.58 Billion by 2033 | FMI
At a 19.7% CAGR, the global kid’s storage furniture market is estimated to reach US$ 13 billion in 2023. Due to growing property prices, consumers are increasingly investing in home improvement and remodeling projects rather than acquiring freshly built residences. This would increase the market size to US$ 65.58 billion by 2033. Due to rising property values, homeowner equity has doubled, resulting …
Global Phenolic Boards Market Set to Reach US$ 5.0 Billion by 2032 with a Robust CAGR of 3.63%
The demand for phenolic boards is anticipated to grow at a compound annual growth rate (CAGR) of 3.63% to reach US$ 5.0 billion by 2032, from US$ 3.5 billion in 2022. The chemicals and materials industry uses phenolic boards extensively, which is driving the market’s growth. Phenolic panels/compact phenolic panels (better known as phenolic boards) …
By 2033, the Market for Executive Education Programmes in the US is Expected to Reach $15,713.0 Million | FMI
In 2023, it is predicted that the United States executive education program market will be worth US$ 7,909.2 million. By 2033, it is anticipated to reach US$ 15,713.0 million. From 2023 to 2033, the market is likely to rise moderately at a CAGR of 7.1%. About 15% to 25% of the market for executive education programs in the United States …
Off-Highway EV Components Market to Surpass US$ 106.2 Billion by 2033, Fueled by a 13.9% CAGR
The global off-highway EV components market reached US$ 25.7 billion in 2022. Revenue is estimated to reach US$ 29.2 billion in 2023. Over the assessment period from 2023 to 2033, sales are projected to exhibit a 13.9% CAGR. It will also result in a market size of US$ 106.2 billion by the end of 2033. Increasing demand for electric vehicles for off-highway …