The Pulp Molding Tooling Market plays a pivotal role in the rapidly evolving landscape of sustainable packaging solutions. Pulp molding, also known as molded pulp or fiber molding, involves the use of renewable and biodegradable materials such as paper pulp to create a variety of packaging products, including trays, containers, and protective packaging. The tooling …
Monthly Archives: December 2023
Saudi Arabia Hajj Tourism Market Targets US$ 350.0 Billion with a 7% CAGR by 2032 | FMI
Over the course of the projection period, the worldwide hajj tourism market in Saudi Arabia is expected to increase at a compound annual growth rate (CAGR) of 7%. The market for Hajj travelers from Saudi Arabia is predicted to generate US$ 150.0 billion in revenue by 2022 and US$ 350.0 billion by 2032. The Hajj is an annual journey to Mecca in …
Customisation and Personalisation in Travel Market, Anticipating US$ 620.71 Million with a 17.8% CAGR by 2032 | FMI
The customisation and personalisation in travel market is anticipated to a CAGR of 17.8% (2022 to 2032), reaching a value US$ 620.71 Million by 2032 Millennial travellers are suave and are always in search of something special during their business or leisure tours. They are smart, well researched, very clear about their priorities and needs and are eager to shell out …
Europe Injection Moulders Market worth US$ 3,481.2 Million by 2033: In Depth Report by FMI
The Europe Injection Moulders Market stands at the forefront of technological innovation and manufacturing excellence within the global plastics industry. Injection molding, a widely utilized manufacturing process, involves the production of intricate and precise plastic components by injecting molten material into a mold under high pressure. This method has found extensive applications across various industries, …
Destination Wedding Industry in Maldives Set to Flourish, US$ 1,770.2 Million with a 19.4% CAGR by 2034 | FMI
In 2023, the Maldives’ destination wedding market was valued at US$ 252.4 million. The Maldives had a 19.6% year-over-year increase in demand for destination wedding services in 2023. In 2024, the space is anticipated to reach US$ 301.8 million. The Maldives destination wedding industry is expected to grow at a 19.4% CAGR from 2024 to …
Latin America In-mold Labels Market Rising to US$ 547.9 Million by 2033: Exclusive Report by FMI
Latin America has emerged as a dynamic and rapidly growing market for in-mold labels, reflecting the region’s expanding packaging industry and increasing consumer demand for innovative and visually appealing product packaging solutions. In-mold labels have gained significant traction in various industries, including food and beverage, pharmaceuticals, cosmetics, and automotive, as they offer a seamless and …
Smart Elevator Automation Market Forecasted to Grow at 9.2% CAGR, Eyeing a Staggering US$ 37.68 Billion by 2026
The worldwide smart elevator automation system market is estimated to rise at a CAGR of 9.2% in terms of value. Due to the increased development of new high-rise buildings and rapid urbanization, the worldwide smart elevator automation system market was valued at US$ 15.5 Billion in 2016 and is expected to grow considerably to US$ 37.68 Billion by 2026. FMI has …
The Global Packaged Food Market Charts a Course to a Staggering US$ 62,116,619.50 Million Valuation by 2033
By 2033, the worldwide packaged food market is expected to be worth US$ 62,11,619.50 million. According to our food and beverage industry analysts, packaged food providers should expect a CAGR of 4.3% through 2033, with a current valuation of US$ 40,79,495 million in 2023. Companies that place a premium on labelling and are transparent about their manufacturing processes are more likely …
The Himalayan Salt Market Envisions a Peak Valuation of US$18.5 Billion by 2032
The Himalayan Salt Market is witnessing steady growth, projected to achieve a value-based CAGR of 4.9% from 2022 to 2032. With an estimated size of US$ 11.4 billion in 2022, it is expected to reach a substantial valuation of US$ 18.5 billion by 2032. The top three countries hold a significant 35% market share, indicating a global surge in demand …
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Take Out Coffee Market Steams Ahead, Aiming for a Whopping US$ 60,980.6 Million Valuation by 2033
The global take out coffee market is expected to be valued US$ 39,630.0 million in 2023, with a compound annual growth rate (CAGR) of 4.4% from 2023 to 2033. As more young people begin to drink coffee, the market for takeout coffee is shifting. The number of millennial coffee drinkers is increasing. The increased consumption would boost useful things …