The water sink market is projected to be worth US$ 62 billion by 2033, up from an estimated US$ 47.22 billion in 2023. Over the course of the projection period, the adoption of water sinks is anticipated to grow at a CAGR of 2.8%. Over the years, the global water sink market has evolved tremendously in …
Monthly Archives: November 2023
Winter Wear Market is Likely to Advance at a CAGR of 4% During the Forecast Period 2033 | FMI
The winter wear market is anticipated to be valued at US$ 330 billion in 2023 and is expected to reach US$ 490 billion by 2033. The adoption of winter wear is likely to advance at a CAGR of 4% during the forecast period. The increasing demand for sustainable and eco-friendly winter wear is an emerging trend in the market. Consumers are becoming more …
Surging Ahead: Composite Insulators Market Sets Sights on US$ 3.7 Billion in Sales with a 5.8% CAGR, Reveals Future Market Insights, Inc
The composite insulators market is anticipated to register a valuation of US$ 2.1 Billion in 2023 and is predicted to reach US$ 3.7 Billion by 2033. The market is securing a CAGR of 5.8% during the forecast period. Why do End Users Prefer Composite Insulators Over Traditional Insulators? Several reasons end users prefer composite insulators as compared …
Polyurea Coatings Market Poised for Impressive Growth: Anticipated 9.3% CAGR by 2033
The global polyurea coatings market is poised for substantial growth over the forecast period from 2023 to 2033, with a robust compound annual growth rate (CAGR) of 9.3%. It is projected to reach a market valuation of US$ 2,204.6 million by 2033, starting from US$ 902.9 million in 2023. Historical analysis reveals a healthy CAGR …
Shisha Tobacco Market is Projected to Reach ~US$ 4,306.6 Million by 2033, at a CAGR of 4.0% | FMI
According to newly released data from Future Market Insights (FMI), the shisha tobacco market will be valued at around US$ 2,909.4 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2033, or US$ 4,306.6 million. The present-day scenario is such that there is a tremendous influx of …
Adoption Professional Gear Bags Market are Anticipated to Grow at a CAGR of 4.3% by 2033 | FMI
The professional gear bags market is predicted to be worth US$ 18,978.67 million in 2023 and US$ 29,100 million by 2033. During the forecast period, the usage of professional gear bags is expected to grow at a CAGR of 4.3%. The shift towards remote work is fueling the demand for professional gear bags designed to accommodate the evolving needs of mobile professionals. The …
Low Dosage Hydrate Inhibitors Market Set to Achieve Remarkable Growth with a Projected 8% CAGR by 2033
The low dosage hydrate inhibitors market is poised for significant growth, with a projected value of US$ 81.57 billion in 2023, expected to surge to US$ 176.82 billion by 2033. This robust expansion follows an initial period of substantial development, marked by a Compound Annual Growth Rate (CAGR) of 7.7% from 2018 to 2022, showcasing …
Bicycle Market is expected to reach US$ 6,229.4 million by 2033, Promising Market Advancements
The global bicycle market in 2022 was US$ 1,300 million and is estimated to be US$ 2,650.23 million in 2023. The bicycle market is expected to increase at a CAGR of 8.92% between 2023 and 2033, totaling around US$ 6,229.4 million by 2033. The increase in global bicycle market rises as customers prefer bicycles as …
Adoption of Tissue Towel Market are Anticipated to Grow at a CAGR of 3.6% by 2033 | FMI
The tissue towel market is projected to be worth US$ 25.78 billion in 2023 and US$ 37 billion by 2033. Over the projection period, tissue towel adoption is anticipated to grow at a CAGR of 3.6%. Tissue towel sales make up between 20% and 25% of the market for paper and pulp industries, which is their parent …
Stainless Steel Welded Pipe Market on the Rise: Projected to Reach US$ 8.9 Billion by 2033 with a 4.7% CAGR – Insights from Future Market Insights
The market for stainless steel welded pipes was projected to reach US$ 2.8 billion in 2022. Sales have increased favourably thanks to the outstanding physical and chemical qualities of stainless steel, such as its high ductility, resilience to high temperatures, and corrosion resistance. This has led to an estimated total of US$ 8.9 billion by 2033, with …