The second-hand bag market is expected to grow significantly, with a projected value of US$ 6,327.7 million in 2023, and is likely to reach US$ 11,439.3 million by 2033. The sales of second-hand bags are expected to have a notable compound annual growth rate of 6.10% during the forecast period. More than 30% of buyers prefer …
Monthly Archives: January 2024
Culinary Tourism Market Strives for Almost US$ 4,530.9 Billion by 2032, Embracing a 16.6% Growing CAGR | FMI
The market for culinary tourism is anticipated to surpass US$ 977.3 billion in 2022 and is anticipated to reach US$ 4,530.9 billion by 2032, growing at a CAGR of 16.6% between 2022 and 2032. Travelers are rethinking the consequences of their consumption, and vegans, vegetarians, and flexitarians are gaining immense traction in food tourism.Vegetarian and vegan tourists …
Sustainable 3.30% CAGR Estimated Market Value for Eco Flooring at US$ 112,245.8 Million by 2033 | FMI
The global eco flooring market is expected to be worth US$ 81,127.3 million in 2023, rising to US$ 112,245.8 million by 2033. The demand for eco flooring is projected to expand at a CAGR of 3.30% from 2023 to 2033. Many things push the eco flooring industry to grow and last. A big factor is a growing awareness and worry about protecting the …
Terrestrial Trunked Radio (TETRA) Market Thrives with 11.9% CAGR, Exceeds US$ 26.8 Billion
The terrestrial trunked radio (TETRA) market was estimated at US$ 4.4 Billion in 2016 and is anticipated to grow at a CAGR of 11.9% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 26.8 Billion. The growing need for encrypted communication and security …
Period Patch Market Expands at a Startling 7.02% CAGR with Expected US$ 2,440.5 Million in Revenue by 2033 | FMI
The period patch market is expected to reach a valuation of US$ 2,440.5 million by 2033, having grown at a consistent compound annual growth rate (CAGR) of about 7.02% between 2023 and 2033, when it was anticipated to be worth US$ 1,238.1 million in 2023. In its parent market of feminine care products, the period patch market has a share of between 3% …
Breaking Boundaries: Unprecedented Growth Foreseen for Superconducting Magnets Beyond 2023
In 2023, it is anticipated that the superconducting magnets market would be valued at US$ 3.3 billion. By 2033, the market is projected to reach US$ 4.3 billion with a CAGR of 2.6%. The market for superconducting magnets has experienced rapid growth as a result of the increased use of these magnets in MRI scanners, particle accelerators, and nuclear magnetic resonance systems. …
By 2033, the Airport Retailing Market is Projected to Reach a Value of US$ 90.23 Billion | FMI
The airport retailing market is expected to grow at an impressive rate, with a projected valuation of US$ 26.83 billion by 2022. The market is expected to surpass a significant benchmark by 2033, which is the US$ 90.23 billion threshold. This extraordinary growth trajectory represents a substantial increase from its estimated US$ 29.84 billion 2023 valuation. The industry is expected to have a CAGR …
Gears, Drives, and Speed Changers Market Set to Exceed US$ 254 Billion by 2033, Unveils Future Market Insights Report
The market for gears, drives, and speed changers is expected to be valued at US$ 152 billion in 2023. According to FMI, the market would have topped US$ 254 billion by 2033, with a CAGR of 5.3%. The increased need for gears, drives, and speed changers is being driven by a range of industries, including the automotive, …
Faith-Based Tourism Market Anticipates an Upward Trend to US$ 40.92 Billion Revenue with a 10.5% CAGR by 2033 | FMI
The global faith-based tourism market could total US$ 15.07 billion by 2023. The report also discloses that the market is expected to boom at a remarkable CAGR of 10.5%, surpassing a market valuation of US$ 40.92 billion by 2033. More individuals are traveling to places that are significant to their faith or beliefs as a result of growing religious diversity and globalization. There …
Bladder Liners Market is Expected to Grow at a Compound Annual Growth rate (CAGR) of 6.2% by 2033, Reaching US$ 2,297.5 Million | FMI
The global bladder liners market size is projected at US$ 1,258.9 million in 2023 and is projected to reach US$ 2,297.5 million by 2033, at a CAGR of 6.2% from 2023 to 2033. The share of the bladder liners market in its parent market (incontinence products market) is approximately ~5%-15%. Sales of these products, including fresh items with built-in absorbents and washable timer …