As per a recent research report by Future Market Insights, a market research and competitive intelligence provider, sales of shrimps are estimated to reach a valuation of US$ 60.4 billion in 2023. It is projected to surge at 7.4% CAGR through the forecast period between 2023 and 2033. It is set to reach US$ 123.8 billion by 2033. Prawns are becoming more and more …
Monthly Archives: January 2024
India Alcohol Market Soars: Projections to Surpass US$ 111,238.9 Million by 2033, Fueled by a Solid CAGR of 7.0%
The India alcohol market is predicted to be worth US$ 54,740.0 million in 2023, rising to US$ 111,238.9 million by 2033. During the projection period, India alcohol sales are expected to grow at a substantial CAGR of 7.0%. The Indian alcohol market expanded during the research period as a result of increased urbanisation, population expansion (especially in metropolitan areas), and …
Global Traffic Sensor Market Set for Exponential Growth, Expected to Reach US$ 1439.0 Million by 2032
The global Traffic Sensor Market is poised for remarkable growth, with projections indicating a substantial expansion to reach a valuation of US$ 1439.0 million by the year 2032. A steady Compound Annual Growth Rate (CAGR) of 8.4% is expected from 2022 to 2032, according to recent market analysis. Safety and reliability have emerged as pivotal drivers fueling …
Revolutionizing Industries: Product Design Verification and Validation Solution Market on a Robust Growth Trajectory
The market for product design verification and validation solutions is expanding at a promising CAGR and is anticipated to keep up its momentum over the coming years. Global sales of solutions for product design verification and validation are anticipated to increase. There is an increasing need for design items that are more effective and of higher quality. …
Demand for Toy Kitchens and Play Food Market is Set to Witness Steady Growth During the Forecast Period 2031 | FMI
The global toy kitchens and play food market is expected to grow at a remarkable CAGR between 2021 and 2031. Skill-building toys are amongst the best courses of keeping the children engaged during free time. The toy kitchen and play food sets do help in building chefs of literally every age group. The kids thus obtain knowledge …
Temporary Tattoos Market is Set to Witness a CAGR of 7.7% by 2031 | FMI
For millennia, tattoos have been a means of human expression. The fad of getting tattooed, on the other hand, started in the recent decade. The players in the market are focused on providing advanced and clinically hygienic tattoos. The market is set to witness a CAGR of 7.7% during 2021-2031. Despite intense competition, investors remain optimistic about the European Market …
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Mini Refillable Perfume Bottles Market is Projected to Grow at a CAGR of around 3.5-4.5% by 2031 | FMI
The mini refillable perfume bottles market is set to witness steady growth during 2021-2031, with a CAGR of around 3.5-4.5%. The market for mini-refillable perfume bottles is estimated to increase because of the increasing standards in living, such as luxury and fashion trends among cosmetic development on new designs personal care. Besides, portable refillable perfume bottle is also …
Global Off-Highway Tires Market Projected to Reach US$ 20,118.3 Million by 2033
According to Future Market Insights, the global off highway tires market will be valued at US$ 9,405.4 Million in 2023 and will increase at a CAGR of 7.9% from 2023 to 2033. The top 3 countries are predicted to account for 25-30% of the market by the end of 2023. Off-highway tires manufacturing is currently undergoing a …
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Supply Chain Management BPO Market Surges with 9.7% CAGR, Eyeing US$ 73,347 Million by 2033
The supply chain management BPO market is expected to be worth US$ 28,983.5 million. The market is expected to reach US$ 73,347 million by 2033, expanding at a 9.7% CAGR throughout the forecast period. The supply chain management business process outsourcing (BPO) market refers to a specialized sector in the broader BPO industry. It focuses …
Automotive Repair & Maintenance Services Market Demand to Reach US$ 1,850 Billion by 2033
According to Future Market Insights, the global automotive repair & maintenance services market demand is expected to be valued at US$ 915.88 billion in 2023. From 2023 to 2033, the market is projected to rise at a CAGR of 7.2% to reach US$ 1,850 billion. The market presents significant market opportunities for key players due …