According to Future Market Insights (FMI), in 2023, the industrial tourism market would be worth US$ 1,663.6 million. By 2033, it would reach US$ 18,739.3 million. The surge would occur at a CAGR of 27.4% from 2023 to 2033. As high disposable income group numbers are increasing, it is giving rise to more travelers. It is increasing industrial tourists worldwide. They …
Monthly Archives: February 2024
Space Tourism Market Unfurls an Astonishing US$ 13,239.5 Million Market Projection by 2033 | FMI
The worldwide space tourism industry is expected to reach US$ 678.3 million in 2023, according to Future industry Insights (FMI). Space tourism is expected to see growth in sales between 2023 and 2033 at a 38.6% CAGR. By 2033, the total market valuation is expected to reach US$ 13,239.5 million. Space tourism industry is a growing market with innovations and technological advancements. …
Rural Tourism Market Set to Reach US$ 198.3 Billion, Fueled by a 6.8% CAGR till 2033 | FMI
According to a recent report by Future Market Insights (FMI), the rural tourism market is expected to reach a valuation of US$ 102.7 billion by 2023. Sales are predicted to increase at a strong 6.8% CAGR, putting the company’s market value at US$ 198.3 billion in 2033. Activities conducted in locations with lower population densities are …
Astaxanthin Market Future Innovation Ways, Growth & Profit Analysis, Forecast By 2033
The global astaxanthin market is predicted to register a robust CAGR of 14.9% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 910.3 million in 2023 to US$ 3,636.8 million by 2033 end. Demand for astaxanthin is projected to rise on account of its multiple applications in nutraceuticals, pharmaceuticals, feed industries, etc. Moreover, the distinct …
Standcap Pouch Market Anticipating 7% CAGR by 2031: Exclusive Research Report
The Standcap pouch is a revolutionary packaging solution that combines the convenience of a pouch with the functionality of a stand-up container. It features a unique design with a flexible body and a sturdy base that allows it to stand upright on store shelves or countertops, making it convenient for consumers to access and use …
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Travelers Identity Protection Services Market Poised for a Resilient 8.7% CAGR, Targeting a Market Valuation of US$ 23,056.4 Million by 2033 | FMI
The global travelers identity protection services market is anticipated to create an absolute dollar opportunity over the forecast period from 2023 to 3033 by registering a CAGR of 8.7%. The global market is estimated to garner a revenue of US$ 10,011.4 Million in 2023 and is expected to be around US$ 23,056.4 Million by 2033. Millions of travelers globally have suffered as …
Global Sports Medicine Industry is on a trajectory toward reaching US$ 2,062.7 Million by 2033, Driven Notably by Mental Wellness Initiatives | FMI
The global sports medicine industry size is anticipated to reach a valuation of US$ 1,157.0 million in 2023, driven by focus on mental health in sports. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.0% between 2023 and 2033, and reaching a total valuation of approximately …
Global Downstream Processing Industry is projected to witness an 11.3% CAGR surge by 2032, as per FMI Insight’s analysis
As per recent market analysis, the global downstream processing industry demand is set to witness an impressive growth trajectory, estimated to reach a substantial value of US$ 72.3 billion by the end of 2032. This growth is projected at a Compound Annual Growth Rate (CAGR) of 11.3% from 2022 to 2032, marking a significant leap …
Luxury Yacht Market Projections Show a 9% CAGR, Expected to Exceed US$ 19,924.7 Million by 2033 | FMI
The luxury yacht market is predicted to grow rapidly on a worldwide scale between 2023 and 2033. The market is expected to generate US$ 8,812.4 million in sales by the end of 2023. By 2033, the luxury yacht market is expected to have grown to a value of around US$ 19,924.7 million. Key participants in …
Global Pharmaceutical Filtration Industry Projected to Reach US$ 45.08 Billion by 2033 reaching an 8.9% CAGR | FMI
The global pharmaceutical filtration industry demand is poised for significant growth, projected to reach a valuation of US$ 45.08 billion by 2033, according to recent industry analysis. As of 2023, the market stands at US$ 19.19 billion and is anticipated to witness remarkable expansion at a Compound Annual Growth Rate (CAGR) of 8.9% from 2023 …