The market for Fire Pits Market is predicted to reach a global value of US$ 7.24 billion in 2023 and grow at a 6.5% CAGR from 2023 to 2033. The estimated value of the global market in 2033 is 13.59 billion. The increasing desire of homeowners to create an indoor atmosphere outdoors has propelled the global industry. …
Monthly Archives: December 2023
Blood Collection Devices Market Envisions a Valuation Surge to US$ 7.7 Billion by 2033-FMI Projection
During the forecast period, the Blood Collection Devices Market is expected to grow at a 6.5% CAGR. The market is expected to be worth US$ 7.7 billion in 2023. The figures are expected to exceed US$ 14.4 billion by 2033. These devices, integral to the healthcare ecosystem, play a crucial role in the collection, storage, and …
Theme Park Tourism Market Set to Blossom at US$ 179.18 Billion and a 12.50% CAGR by 2033 | FMI
Between 2023 and 2033, the theme park tourism industry is projected to grow at a stable CAGR of 12.50%. The market is anticipated to reach a value of US$ 55.17 billion in 2023, and a market share of US$ 179.18 billion by 2033. The theme parks and their benefits are likely to garner market growth. …
Transit Packaging Market: Forecasted to Expand at a Striking CAGR of 13% by 2033 | FMI
The transit packaging market is predicted to be worth US$ 70.86 billion in 2023 and rise to US$ 239.5 billion by 2033. The global industry was expanding at a CAGR of 8.3% from 2018 to 2022. Wine transit packaging has emerged as a significant market contributor in the United States, capturing a substantial share of 27.6% in …
Polyvinylidene Fluoride (PVDF) Industry Set to Reach US$ 2,649.99 Million by 2032 with a Projected CAGR of 9%
The global polyvinylidene fluoride (PVDF) industry is poised for robust growth with an anticipated Compound Annual Growth Rate (CAGR) of 9% during the forecast period. This surge is attributed to the escalating demand for PVDF across various industries. By the year 2032, the market is projected to reach a substantial valuation of US$ 2,649.99 million, a …
The Growth Trajectory of the Food Testing Services Market from US$ 21.7 Billion to US$ 49.06 Billion by 2033 Navigating Vital Regulations
The global food testing services market stands at US$ 21.7 billion as of now and is expected to reach US$ 49.06 billion by the year 2033 at a CAGR of 8.5% between 2023 and 2033. In the food industry, testing for food safety appears to be a vital and significant stage. Regulations governing microbiological quality testing, food safety testing, and trace …
Small-Molecule Injectable Market Envisions a Striking Reach of US$ 131.70 Billion by 2033-FMI Projection
Small-molecule injectables, comprising a diverse range of pharmaceuticals with low molecular weight, are gaining prominence for their efficacy and versatility in treating various medical conditions. This market’s expansion is fueled by factors such as the rising prevalence of chronic diseases, advancements in drug development, and the increasing demand for targeted therapeutic interventions. The convenience of …
Blow Molded Plastic Market Anticipated US$ 35,096.49 Million by 2033: A Comprehensive Report by FMI
The blow molded parts are formed from various thermoplastic materials, including polypropylene, polyvinyl chloride, polyethylene, polyethylene terephthalate, polystyrene, and acrylonitrile butadiene styrene, among others. In 2023, the Blow Molded Plastic Market is valued at an impressive US$ 15,775.34 million. The future outlook for this market is exceedingly promising, with projections indicating a substantial increase in value. It …
Confectionery Packaging Market: Projected to Surpass US$ 17.50 Billion by 2033 | FMI
The confectionery packaging market is anticipated to expand its roots at an average CAGR of 4.4% between 2023 and 2033. The market is expected to have a market share of US$ 17.50 billion by 2033 while it is likely to be valued at US$ 11.37 billion in 2023 Confectionery manufacturers’ increasing preference for lightweight, protective, self-appealing, and high-barrier packaging is expected to boost …
Clearing the Air: Regional Insights and Future Trajectory in the Vacuum Cleaner Filter Market Towards 2032
The global Vacuum cleaner filter market was estimated to be worth US$ 1924.1 million in 2022 based on Future Market Insights (FMI) observations. According to the analysis, the market would grow at a healthy CAGR of 9.3% between 2022 and 2032. The market for Vacuum cleaner filters is anticipated to be driven by changing lifestyles, increasing healthcare …