According to Future Market Insights’ most recent research, worldwide revenue from wellness tourism market is projected to reach US$ 999.5 billion by the end of 2023. Long-term estimates place the value of wellness tourism at US$ 2,635.2 billion in 2033. Wellness Tourism involves individuals traveling to destinations with the primary goal of improving their physical, mental, and spiritual well-being. It goes beyond …
Monthly Archives: March 2024
Packaging Testing Market is Estimated to Reach US$ 53,748.03 Million During the Forecast Period 2033 | FMI
The packaging testing market is predicted to be worth US$ 16,099.87 million in 2023 and is likely to rise to US$ 53,748.03 million by 2033. Initially, the global market was expanding at a CAGR of 9.7% from 2018 to 2022. Trade liberalization, advancements in communication and transportation technologies, and the expansion of multinational corporations in …
Commercial Air Fryer Market Size Soars to US$ 1,409.2 Million by 2033
The Commercial Air Fryer Oven market is poised for substantial growth, with its size expected to surge from US$ 848.8 million in 2023 to surpass US$ 1,409.2 million by 2033. This significant expansion is attributed to the increasing demand for commercial air fryers, driven by the growing popularity of fast food and snacks prepared using …
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Off-Highway Tires Market Share to Hit US$ 13.4 Billion by 2033, Driven by Growth in Construction and Mining
According to Future Market Insights, the global off highway tires market share 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 …
Turbofan Engines Market Set to Reach US$ 5.1 Billion by 2032, Soaring at 17.2% CAGR
The turbofan engines market is expected to be worth US$ 1.05 billion in 2022. The industry increased by 6.3% year on year over the last year. Turbofan Engines sales are expected to grow at a CAGR of 17.2% from 2022 to 2032, reaching a value of US$ 5.1 billion by the end of 2032. Demand for …
ePharmacy Market Anticipates a Staggering Valuation of US$ 351.9 Billion by 2033
The global ePharmacy market share is expected to have risen at a 14.3% compound annual growth rate from US$ 81.5 billion in 2022 to US$ 351.9 billion by the end of 2033. The demand for mail-order medications is rising as e-commerce and internet usage gain traction. Around the world, a great deal of online pharmacies are known …
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Sales of Used Bikes through Bike Marketplace Sales to Boom at 4.6% CAGR, Reaching US$ 68 Billion by 2032
The sales of used bikes through bike marketplace are projected to experience a steady growth with an average Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. The increasing awareness about bike marketplace sales is expected to drive substantial growth, leading to a significant increase in sales from US$ 43 Billion in 2022 …
In Vitro Fertilization (IVF) Market Envisioning a Prosperous US$ 1.6 Billion Landscape by 2032
In the realm of reproductive health, the in vitro fertilisation (IVF) market sale is poised for a monumental ascent, projected to surge at a robust compound annual growth rate (CAGR) of 9.0% from 2022 to 2032, culminating in a substantial valuation of around US$ 1.6 billion. At the core of this remarkable growth trajectory are …
Electric Cargo Bikes Gear Up for Growth, Reaching US$ 6.2 Billion by 2033
The global electric cargo bike market growth is expected to attain a valuation of US$ 2.1 billion in 2023 and is projected to reach US$ 6.2 billion by 2033, expected to rise at a CAGR of 11.4% during the forecast period. The rise of e-commerce has sparked an increased need for last-mile delivery services, a …
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Electric Boats Market Share Set to Surge at 10.4% CAGR, Reaching US$15.1 Billion by 2033
The global electric boats market share is expected to grow at a CAGR of 10.4% during the forecast period. The market is estimated to secure a valuation of US$ 5.6 billion in 2023 and US$ 15.1 billion by 2033. How do Manufacturer’s Innovations Drive the Global Market? Manufacturers play a vital role in the global market through …