During the forecast period, the global rail wheel and axle market is expected to expand at a steady CAGR of 5.6%. At its present growth rate, the global market for rail wheels and axles is expected to be worth US$ 4,402.3 million in year 2023. In 2033, the demand for rail wheel and axle is …
Monthly Archives: November 2023
By 2033, the Pet Oral Care Market is Anticipated to Expand at a CAGR of 3.3% | FMI
In 2023, the global pet oral care market is flourishing at a market value of US$ 12,298.5 million. By the end of the forecast period in 2033, it will have reached a market value of US$ 17,016.0 million. During the forecast period, the pet oral care market will conclusively have a CAGR of 3.3%, According to experts at Future Market …
Market for Pet Bathing Supplies is Expected to Expand at a CAGR of 6.0% by 2033 | FMI
In 2023, the global pet bathing supplies market is thriving with a market value of US$ 8,565.0 million. With an anticipated CAGR of 6.0% throughout the forecast period, it is anticipated to enter 2033 with a market value of US$ 15,338.6 million. According to Future Market Insights, the North American region is the leading market in the pet bathing supplies market, dominating …
Ironing Table Market is Projected to Reach at a US$ 4,305.6 Million by 2032 | FMI
The ironing table market is expected to be valued at US$ 2,168.4 Million in 2022, forecast a CAGR of 7.1% to be valued at US$ 4,305.6 Million from 2022 to 2032. Growth is attributed to the increasing modernization and urbanization coupled with the increasing purchasing power of consumers. From 2016-2021 a CAGR of 5.9% was registered for the ironing table market. While millennials are known for …
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Cans Market worth US$ 54.23 Billion by Forecast 2033: A Comprehensive Report by FMI
The cans market is poised for significant growth in the coming years. It is anticipated that the global cans market will witness substantial expansion, with an estimated value of US$ 36.99 billion by the year 2023. Looking ahead, can manufacturers can anticipate a steady compound annual growth rate (CAGR) of 3.9% from 2023 all the way through …
Rapid Surge in Electric Vehicle Adoption Propels Global Diagnostic Tools Market at 12.8% CAGR, Anticipated to Reach US$ 5,401.6 Million by 2033
The global diagnostic tools for EVs market is expected to rise at a sturdy growth rate of 12.8% during the forecast years as per a report by FMI. The overall market valuation of total sales of diagnostic tools for EVs in 2022 was US$ 1,437 million which is further projected to reach US$ 5,401.6 million …
Die Cutting Machine Market is anticipated to reach a value of US$ 1.6 billion from 2023 to 2033
The most recent market study on die-cutting machines predicts that during the forecast period (2023 to 2033), demand will increase globally at a CAGR of 2.3 %. The study’s goal is to examine significant market dynamics and identify important trends and opportunities that will boost Die-Cutter sales over the next ten years. The factors influencing the shift …
Anticipated Continuous Expansion: Silk Protein Market Exceeds USD 1.1 Billion, Predicts 5.9% CAGR Through 2032
According to recently published data from Future Industry Insights’ analysis of the silk protein market, the market is expected to be worth USD 0.6 Bn in 2022. The projected CAGR until 2032 is 5.9%. Silk protein is used in eye cosmetics and eye drops to make them free of toxic chemicals that cause eye discomfort and …
Coconut Milk Products Market Anticipated to Reach US$ 2.74 Billion in Revenue by 2033, Exhibiting a 7.8% CAGR from 2023 to 2033
The coconut milk products market is projected to reach US$ 1.2 billion in 2022, driven by growing health concerns and changing customer preferences. With a CAGR of 7.8% from 2023 to 2033, the market is expected to reach US$ 2.74 billion by 2033. Products made with coconut milk are frequently linked to a number of health advantages. It …
Europe Automotive Tire Market Poised for Robust Growth: Projections Show a 4.8% CAGR, Surpassing US$ 108.7 Billion by 2033
As per Future Market Insights (FMI), the Europe automotive tire market value is projected to rise from US$ 68.4 billion in 2023 to US$ 108.7 billion by 2033. Sales of automotive tires across Europe are likely to soar at 4.8% CAGR throughout the forecast period. Tyre advancements, the fast expansion of the automotive industry, and …