The fifth wheel coupling market is valued at US$ 637.1 Million as of 2023. By 2033, the market is expected to be valued at US$ 1.1 Billion and is projected to grow at a CAGR of 5.8% during the forecast period. Automobile manufacturers are laying a lot of emphasis on passenger safety. Owing to this, …
Monthly Archives: December 2023
Period Panties Market is Likely to Advance at a CAGR of 12.9% During the Forecast Period 2033 | FMI
The market for period panties is predicted to be worth US$ 145.6 million in 2023 and US$ 489.19 million by 2033. During the projected period, the adoption of period panties is expected to grow at a CAGR of 12.9%. The market for period panties is expanding rapidly as consumers become more aware of the benefits they offer and as more and more …
Driving Forward: Automotive Natural Gas Vehicle Market Set to Grow at a Steady 7% CAGR by 2032
The automotive natural gas vehicle market remains in its infant stage, despite sales growth in the last three to four years. The automotive natural gas vehicle market is expected to grow at a CAGR of 7% between 2022 and 2032. The automotive natural gas vehicle market is growing in many countries due to low-cost CNG …
Women Luxury Footwear Market is Expected to Record a Moderate CAGR of 5.5% from 2023 to 2033 | FMI
The women luxury footwear market is anticipated to be valued at US$ 15,171.0 million in 2023. In contrast, the value in 2022 was tipped to be US$ 14,288.2 million. The women luxury footwear industry is expected to record a moderate CAGR of 5.5% from 2023 to 2033. At the end of the period in 2033, the women …
Waterproof E-Scooter Market Expected to Surge with a 5.0% CAGR, Forecasted to reach US$ 8.3 Billion by 2032
The water proof E-Scooter market is expected to escalate at a CAGR of 5.0% from US$ 5.1 Billion in 2022 to US$ 8.3 Billion by 2032. According to FMI analysts, more than 71% of E-Scooter models have water resistance ratings. (This is an increase from 40% in 2021). It’s crucial to note, however, that the level of …
USA and Canada Teak Veneer Sheet Industry Poised for Growth: Anticipates a 3.6% CAGR Surge Through 2033 in Overall Sales
The teak veneer sheet industry in the United States and Canada is anticipated to grow to US$ 60.1 million by 2023. The demand for teak veneer sheets in the US and Canada is expected to grow at a 3.6% annual rate between 2023 and 2033. The entire market value is expected to be approximately US$ …
Automotive Sunroof Market Projected to Reach US$ 21.09 Billion by 2033, Fueled by a CAGR of 11%
The automotive sunroof market is likely to hold a valuation of US$ 21.09 billion by 2033. As of 2023, the market value is US$ 7.42 billion. As the automobile industry grows, the automotive sunroof market is expected to expand at a CAGR of 11% from 2023 to 2033. By the end of 2023, more than …
Men’s Skincare Products Is Anticipated to Expand at a CAGR of 9.4% by 2033 | FMI
The market for men’s skincare products is anticipated to be worth US$15,078.23 million in 2023 and US$37,000 million by 2033. During the projected period, the adoption of men’s skincare products is expected to grow at a CAGR of 9.4%. The share of the men’s skincare products market in its parent market (skincare product market) is close to 8%-11%. The most popular men’s …
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Driver Monitoring System Market Set to Grow Steadily with a 7.5% CAGR from 2023 to 2033
The Driver monitoring system market is anticipated to expand its roots at a steady CAGR of 7.5% between 2023 and 2033. The market is expected to have a market share of US$ 9.3 billion by 2033 while it is likely to be valued at US$ 4.5 billion in 2023 The higher demand for self-driving automotive …
Glutaraldehyde Market Forecast: Projected Revenue of US$ 786 Million by 2032, Driven by a Steady 5% CAGR
The glutaraldehyde market demonstrated substantial growth, with its revenue reaching an estimated US$ 450 million in 2021. Projections indicate a promising trajectory, anticipating a significant surge to US$ 786 million by 2032, reflecting a compound annual growth rate (CAGR) of 5% during the period from 2022 to 2032. This remarkable expansion underscores the increasing demand …