The restaurant takeout market With a compound annual growth rate (CAGR) of 8.3% from 2022 to 2032, the restaurant takeaway market is projected to grow from US$ 2,199.4 billion in 2022 to US$ 4,024.9 billion in 2032. The Covid-19 pandemic’s impacts may have contributed to the growth of the restaurant takeout business worldwide, but the recent …
Monthly Archives: December 2023
Global Rail Wheel and Axle Market Set for a Steady 5.6% CAGR, Eyeing a Valuation of US$ 7,603.4 Million by 2033
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 2023. In 2033, the demand for rail wheel and axle is projected …
Car Security System Market Accelerates with an 11.4% CAGR, Targeting US$ 40 Billion Valuation by 2033
The global car security system market is anticipated to attain a valuation of US$ 13.5 billion in 2023 and is expected to reach US$ 40 billion by 2033, trailing a CAGR of 11.4% during the forecast period. The market demand is driven by the enforcement of strict vehicle security regulations by governments and the continuous …
Packaging Evolution: The Rising Valuation of USA and Canada Bag-in-Box Market Anticipated to Reach US$ 473.0 Million in 2033
The appeal of bag-in-box packaging extends across diverse industries, encompassing not only food and beverages but also pharmaceuticals and chemicals. Its recyclability and eco-friendly attributes make it a preferred choice, aligning with the sustainability goals of various sectors. By 2033, the USA and Canada Bag-in-Box Market is expected to witness tremendous growth of US$ 473.0 million & …
The US$ 62.7 Billion to US$ 107.8 Billion Surge Navigating the 7.2% CAGR Growth in the Chinese Takeout Market by 2032
The Market for Chinese takeout is projected to develop at a compound annual growth rate (CAGR) of 7.2% from 2022 to 2032, from US$ 62.7 billion in 2022 to US$ 107.8 billion in 2032. It is excellent news for the Chinese takeaway industry that consumers are becoming more and more interested in products made with premium, …
Global Gasoline Direct Injection Market Set to Surge at 9.2% CAGR, Targeting a Valuation of US$ 25.79 Billion by 2033
The global gasoline direct injection market is projected to attain a valuation of US$ 10.6 billion in 2023 and is expected to accumulate US$ 25.79 billion by 2033, rising at a CAGR of 9.2% during the forecast period. Global efforts to address deteriorating ambient air quality have led to the adoption and enforcement of stricter …
Automotive Cylinder Liner Market: Steady Growth Projected with a 5.46% CAGR from 2023 to 2033
The global automotive cylinder liners market in 2022 was US$ 4021.4 million and is estimated to be US$ 4,888.7 million in 2023. According to FMI estimation, the automotive cylinder liner market is projected to expand at a CAGR of 5.46% between 2023 and 2033, totaling around US$ 8,322.1 million by 2033. Boost in the sales …
Global EV Charging Station Market Projected CAGR of 18.3%, Reaching US$ 122.8 Billion by 2033
In 2018, the global EV charging station market had sales of US$ 3.8 billion. In 2022, the market expanded by 52.4% year over year. In 2023, it’s projected to generate US$ 22.9 billion in sales. The market for EV charging stations worldwide is anticipated to surge at a CAGR of 18.3% between 2023 and 2033. …
The US$ 8.1 Billion Surge in the Global Market by 2032 Amidst Food Security Concerns Triggered by Climate Change
From past few years chemical fertilizers are widely used on crops which is resulting in micronutrient deficiencies in crops. In addition to this, water scarcity and intensive chopping patterns are also increasing the micronutrient deficiencies in crops. The global crop micronutrient market is set to witness growth at a CAGR of 7.4% and top valuation of US$ 8.1 Billion by 2032. …
Europe Luxury Packaging Market Anticipated US$ 3.2 Billion by 2033: A Comprehensive Report by FMI
In recent times, security packaging has gained significant prominence, particularly among luxury brands. Luxury products are often high-value items, making them attractive targets for theft. To safeguard their products and enhance security, luxury brands have been increasingly turning to security packaging solutions to mitigate the risk of package pilferage. The Europe luxury packaging market is poised to …