With an estimated market share of US$ 21 billion in 2022, the mobile food services industry is expected to rise at a steady CAGR of 6.1% from 2023 to 2033, when it is valued at US$ 40.28 billion globally. Food trucks have been an integral part of many vibrant societies. These popular mobile food joints populated the US and soon became a very …
Monthly Archives: February 2024
Automotive Tire Accessories Market to Reach US$ 75.5 Billion by 2033 with 5.7% CAGR Growth
The Automotive Tire Accessories Market is expected to reach US$ 75.5 Billion by 2033, growing at a healthy 5.7% compound annual growth rate (CAGR) over the course of the forecast period. Automotive tire accessories, such as tire chains and tire pressure gauges, can help improve the efficiency of industrial processes by ensuring that equipment is operating at …
Middle East Tourism Market Set to Illuminate with a 5% CAGR, Paving the Way for a Staggering US$ 400.71 Billion by 2032 | FMI
The middle east tourism market, whose valuation stands at US$ 246 billion as on 2022, is projected to grow at a CAGR of 5%, and the valuation is expected to go up to US$ 400.71 billion in 2032. Being a religious hub and offering tourists an experience of both modern society and ancient spots, the Middle East tourism market is expected to grow. …
Railway Sliding Bearing Market Anticipated to Reach US$ 1,973.2 Million by 2033
The Railway Sliding Bearing Market expected to be worth globally in 2023 is approximately US$ 1,061.1 Million. Furthermore, a 6.4% annual increase rate is expected to propel the worldwide market to nearly US$ 1,973.2 Million by 2033. The Railway Sliding Bearing Market is a sector of the transportation industry that focuses on the production and …
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River Cruises Market Gears Up for a US$ 1.71 Billion Expedition, Forecasting a 2% CAGR in Travel and Tourism Attractions by 2032 | FMI
With a compound annual growth rate of 2%, the worldwide river cruises market is expected to reach a revenue of approximately US$ 1.71 billion by 2032, up from US$ 1.45 billion in 2022. (2022 to 2032). River cruises as an industry is flourishing in Europe, United States, South East Asia, and Africa. Some popular locations on river cruises include London, Paris, Amsterdam, …
Automotive Headliner Market Expected to Grow at 4.7% CAGR, Reaching US$ 30,695.1 Million by 2033
The automotive headliner market size is projected to be valued at US$ 19,391.9 Million in 2023 and is expected to rise to US$ 30,695.1 Million by 2033. The sales of automotive headliner market are expected to grow at a significant CAGR of 4.7% during the forecast period. The Automotive Headliner Market is a segment of …
Singapore Tourism Market Eyes a Whopping US$ 39.9 Billion in Revenue by 2032, Riding the Waves of a 4% CAGR | FMI
The global singapore tourism market is projected to garner a revenue of US$ 27 billion in 2022, surpassing US$ 39.9 billion by 2032, advancing at a CAGR of 4% during the forecast period (2022 to 2032). In a country that has the world’s lowest crime rates, the tourism in Singapore is a major industry and contributor to the country’s economy. According to the …
Hotel Channel Management Market Thrives at US$ 1,618.23 Million with an Impressive 8.1% CAGR Forecast by 2033 | FMI
The hotel channel management market amassed a valuation of US$ 687 million in 2022, and it is expected to rise at a consistent CAGR of 8.1% from 2023 to 2033 to reach a market valuation of US$ 1,618.23 million. The market is anticipated to be worth US$ 742.65 million in 2023. Hotel channel management is an integral part of the multibillion dollar hospitality industry. …
Hong Kong Tourism Market Eyes a Dazzling US$ 41.5 Billion by 2032, Fostering a Robust 10% CAGR | FMI
The Hong Kong tourism market is expected to reach US$ 41.5 Billion in 2032, likely to surge at a vigorous 10% CAGR during the forecast period of 2022 to 2032 The tourist sector plays a significant role in Hong Kong’s economy. The number of visitors from China has been declining since 2014, which has caused a slowdown in the Hong …
Indigenous Tourism Market Hits US$ 65.16 Billion, Riding the Wave of a 4% CAGR Forecasted Through 2032 | FMI
With a 4% compound annual growth rate (CAGR) from 2022 to 2032, the worldwide indigenous tourism market is predicted to generate revenue of around US$ 65.16 billion by 2032. This represents an increase from US$ 40 billion in 2022. The size of the indigenous tourism market is growing as more visitors go to indigenous sites and engage in cultural tourism activities like …