The moisture-resistant packaging market is known as a type of protective packaging comprising several products like bags & pouches, boxes, films, and trays that protect products from moisture and helps to keep stored or transported products in their original condition. The global moisture-resistant packaging market is anticipated to create a positive growth outlook by exhibiting a CAGR …
Monthly Archives: November 2023
Electric Vehicle Battery Market Surges with an 8.5% CAGR, Envisioned to Reach US$ 21.26 Billion in Revenue 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. The increasing transition toward electric vehicles (EVs) is expected to propel accelerated battery demand in leading automobile …
Electric Vehicle Reducer Market Accelerating at 26.6% CAGR, Poised to Reach US$ 20,884.9 Million by 2033
The Electric Vehicle Reducer Market is expected to increase at a CAGR of 26.6% during the forecast period. The market size is anticipated to rise from US$ 1,974.7 Million in 2023 to US$ 20,884.9 Million by 2033. The main driver fuelling market expansion is the expansion of the electric car industry. Electric vehicles outperform conventional …
Electric Cargo Bike Market Projected Valuation of US$ 6.2 Billion by 2033, Fueled by Cost-Effectiveness and Eco-Friendly Trends
The global electric cargo bike market is expected to attain a valuation of US$ 2.1 billion in 2023 and is projected to reach US$ 6.2 billion by 2033, expected to rise at a CAGR of 11.4% during the forecast period. The rise of e-commerce has sparked an increased need for last-mile delivery services, a demand …
Electric Vehicle Motor Market Worth US$ 18.09 Billion by 2032 with a Strong 8.5% CAGR
The global electric vehicle motor market is worth US$ 8.68 Billion as of now and expected to reach US$ 18.09 Billion by the year 2032 at a CAGR of 8.5% between 2022 and 2032. Electric vehicles are being increasingly asked for due to strict government regulations regarding carbon emissions. As per the European Climate Foundation, …
Global Electric Vehicle Battery Housing Market Set to Reach US$ 24,219.1 Million by 2033
According to ESOMAR-certified Future Market Insights’ (FMI) – Over the forecast period, the global electric vehicle battery housing market is expected to grow at a rapid CAGR of 31.8%. The market is expected to reach US$ 1,531.1 Million in 2023. The market is anticipated to reach US$ 24,219.1 Million by 2033. Consumer acceptance of electric …
Expendable Packaging Market worth US$ 5 billion by 2032: A Comprehensive Report by FMI
According to Future Market Insights, the expendable packaging market is poised to achieve a value pool of US$ 3 billion by the end of 2022. The forecasted period from 2022 to 2032 anticipates a Compound Annual Growth Rate (CAGR) of 5% for the expendable packaging market, ultimately reaching a global market valuation of US$ 5 …
Ophthalmic Lasers Market Envisions a US$ 1.3 Billion Horizon by 2030-FMI Study
The Ophthalmic Lasers Market has been witnessing remarkable growth in recent years, driven by advancements in laser technology and increasing prevalence of eye disorders. Ophthalmic lasers play a crucial role in the diagnosis and treatment of various ocular conditions, ranging from refractive errors to more complex retinal disorders. With the rising aging population and a growing number …
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GCC Medical Gloves Market Ascending Heights, Envisioning a Notable $340.3 Million Milestone by 2031-FMI Study
A recent study by Future Market Insights (FMI) estimates that the in the GCC medical gloves market will reach US$145 Milllion in 2020. Sales are forecast to grow at a healthy 7.9% CAGR, and by 2031, the market will be worth US$ 340.3 Million. The modernization of lifestyles in the GCC has led to an increase …
The Chaga Mushroom Market Surge Exploring a Global Demand Boom in Holistic Health Solutions, Projected to Reach US$ 81.55 Billion by 2033
The Chaga Mushroom-Based Products Market is witnessing significant growth as consumers increasingly seek natural health and wellness solutions. Chaga mushrooms are renowned for their potential immune-boosting and antioxidant properties, driving demand for various products like supplements, teas, skincare, and more. This expanding market reflects the growing interest in holistic health and sustainable ingredients. The market for products …