The floriculture market is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2033, from an anticipated US$ 57.5 billion in 2023 to US$ 106.1 billion by 2033. The market for floriculture, which is mostly supported by cut flowers, will grow significantly thanks to the recent explosion in the popularity of edible flowers. Institutions/events currently holding …
Monthly Archives: December 2023
PUR Shippers Market Anticipated US$ 15.7 Billion by 2032: Exclusive Report by FMI
One of the key advantages of PUR is its stability and consistency, which helps in reducing the risk of temperature excursions and product failures. The physical properties of PUR make it well-suited for safeguarding heavy payloads within closed distribution loop programs. Additionally, it plays a pivotal role in protecting various products from the adverse effects …
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Shisha Tobacco Market Charts Course for US$ 4,306.6 Million Revenue and 4.0% CAGR by 2033 | FMI
According to newly released data from Future Market Insights (FMI), the shisha tobacco market will be valued at around US$ 2,909.4 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2033, or US$ 4,306.6 million. The present-day scenario is such that there is a tremendous influx of shisha bars, lounges all over. This …
Automatic Coffee Machines Market Set for 5.1% CAGR Surge by 2031 | FMI
The automatic coffee machine market will see a CAGR of 5.1% throughout the years 2021 to 31. It is projected that demand for automated coffee makers will continue to soar, especially given the expanding popularity of fast-food businesses. Automatic Coffee Machines Market – Important Highlights According to product type, super automatic coffee machine is estimated to hold the maximum …
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Medical Transport Box Market on Track to Achieve US$ 1,201.3 Million by 2034 | FMI Reports
The global medical transport box market is anticipated to reach a valuation of US$ 696.6 million in 2024, driven by globalization of clinical trials. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.6% between 2024 and 2034, and reaching a total valuation of US$ 1,201.3 million by 2034. …
Snap-Lock Closure Market Poised to Exceed US$ 22,510 Million by 2034 | FMI Study
The global snap-lock closures market is estimated to be worth US$ 12,215 million in 2024 and is projected to surpass US$ 22,510 million by 2034. The sales of snap-lock closures are likely to rise at a stable CAGR of 5.40% CAGR during the forecast period. A surge in consumer demand for convenient and user-friendly packaging …
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Heat Recovery Steam Generator Market Analysis and Key Player Insights Extending to 2033
The market for heat recovery steam generators is anticipated to be worth US$1.25 billion in 2022. Throughout the assessment period, there will likely still be a considerable demand for heat recovery steam generators. This is due to the growing demand for energy-efficient systems, which is anticipated to increase at a CAGR of 4.5% between 2023 and 2033 …
Microbial Identification Industry Forecast Surging Towards a US$ 10.7 Billion Milestone by 2032-FMI Study
The global microbial identification industry is expected to be worth US$ 3.7 billion in 2022, and to grow at a CAGR of 11.3% between 2022 and 2032, to be worth around US$ 10.7 billion by 2032. Rising demand for microbial identification products across various end-user sectors such as pharmaceutical and biotechnology, food and beverage, water and environment, …
Ambulatory Surgical Centers Industry Ascends to a Staggering US$ 150.6 Billion by 2033-FMI Study
The global ambulatory surgical centres industry was worth US$ 96.5 billion in 2023 and is expected to be worth US$ 150.6 billion by 2033, growing at a 4.5% CAGR during the forecast period. The number of ambulatory surgical centres is increasing due to increased demand for inpatient and outpatient care services. The rising costs of healthcare …
Unlocking Success: Reclosable Zipper Market Expected to Surge to US$ 3.9 Billion by 2034 | FMI
The reclosable zipper market is expected to be valued at US$ 2.5 billion in 2024. In contrast, the 2023 value was marked at US$ 2.4 billion. The market is expected to progress at a moderate rate over the forecast period, with a CAGR of 4.6 %. By 2034, the value of the market is forecast …