A recent market research report by Future Market Insights (FMI) offers insights on the aircraft refurbishing market during forecast period 2023 to 2033. The demand for updating aeroplane interiors has increased significantly in recent years, and this market is expected to grow at a CAGR of 5.7% between 2023 and 2033 as a result. According to …
Monthly Archives: December 2023
Mapping the Growth of Sustainable Tourism Market at Nearly US$ 8.4 Trillion, 23.4% CAGR by 2032 | FMI
The sustainable tourism market to register a year-on-year growth rate of 33.3% in 2022. As per the FMI analysis, the sustainable tourism market size will surpass US$ 1.0 Trillion in 2022. Between 2022 and 2032, the market is expected to exhibit compound annual growth rate (CAGR) of 23.4%. The share of global sustainable tourism market in the parent market (travel and tourism industry) is …
From US$ 1.2 Trillion to US$ 3.2 Trillion Exploring the Halal Food Market’s Transformation from 2023 to 2033, Fueled by Safety
The halal food market size is anticipated to surpass US$ 1,291,429.8 million in 2023 and is likely to attain a valuation of US$ 3,229,805.32 million by 2033. The halal food market share is projected to thrive at a CAGR of 9.6% from 2023 to 2033. The market for halal food is expected to grow from US$ 1.2 …
China Packaging Primers Market Rising to US$ 901.5 Million by 2033: Exclusive Report by FMI
Rising demand for flexible and protective packaging with lightweight and better aesthetic features is a key factor driving China’s packaging primers industry forward. According to Future Market Insights, the China Packaging Primers Market size is forecast to reach US$ 564.1 million in 2023 and further expand at a CAGR of 4.8% during the projection period. Overall packaging primer sales in China …
Middle East and Africa Rough Terrain Cranes Market Expected to Grow at a Significant CAGR of 7.3% | FMI
Future Market Insight predicts that the Middle East and Africa rough terrain cranes market could grow significantly, reaching US$ 693.1 million by 2033. The market is projected to experience a CAGR of 7.3%, indicating a notable rise from its estimated worth of US$ 342.6 million in 2023. Increasing infrastructure projects in the Middle East and …
Diving Tourism Market Anticipates a US$ 5,281 Million, Surging at a 6.0% CAGR by 2032 | FMI
The global diving tourism market is poised to reach a valuation of US$ 2,940 Million in 2022. Overall sales are projected to increase at a 6.0% CAGR, surpassing US$ 5,281 Million by 2032. Water adventure tourism, often known as water-based tourism, is becoming increasingly popular across the globe. Technological developments and advancements in water sports equipment have a greater impact …
Navigating the US$ 8.2 Billion Surge Unveiling the 13.5% CAGR Growth in the Cultured Meat Market by 2033 Amidst Environmental Awareness
The cultured meat market has reached a notable peak in 2023, rising from US$ 2.1 billion in 2022 to US$ 2.3 billion. Forecasts for 2033 are very positive, with revenues expected to reach US$ 8.2 billion, fueled by a 13.5% compound annual growth rate from 2023 to 2033. The primary drivers behind the industry’s notable increase …
Glamping Market Growth Soars at 11.69% CAGR, Set to Reach US$ 11.62 Billion by 2033 | FMI
FMI estimates that the global glamping market size could surpass US$ 11.62 billion by 2033, up from US$ 3.84 billion in 2023. During this period, the market is likely to exhibit an astonishing CAGR of 11.69%. Land adventure tourism is gaining popularity across the globe. The advent of technology and recent developments in outdoor sports activities that include optimal safety of tourists …
The US$ 598 Million Surge Navigating the 7.5% CAGR Growth in the Global Synbiotic Products Market by 2032
The global synbiotic products market is projected to reach US$ 598 million by 2032, with a 7.5% CAGR. Symbiotic, a blend of prebiotics and probiotics, foster the growth of gut bacteria, addressing challenges faced by probiotics alone, emphasizing the efficacy of their combined use. The global symbiotic products market is set to witness growth at a CAGR …
Conventional Motorcycles and Scooters Market Aiming for a Market Value of US$ 1,99,138.0 million by 2033
The conventional motorcycles and scooters market is forecast to experience a growth of 3.8% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 1,37,145.2 million in 2023. The use of scooters and motorcycles helps beat traffic congestion and, in turn, shorten the commute …