In 2022, the global games and puzzles market reached a size of US$ 15.1 billion, with expectations to rise to US$ 18.0 billion by 2033. Forecasts suggest that global sales of games and puzzles will experience a significant surge at a compound annual growth rate (CAGR) of 17.3% throughout the forecast period. Key statistics indicate that the …
Monthly Archives: March 2024
Foamed Plastics Market Forecast: Targeting US$ 84.2 Billion by 2030 with 5.8% CAGR Amidst E-commerce Surge
The global foamed plastics market is on the rise, projected to reach US$ 84.2 billion by 2030. This translates to a compelling CAGR of 5.8% from 2022. E-commerce Fuels Packaging Demand The surge in e-commerce and third-party logistics services is a key driver of market growth. As online shopping for consumer goods continues to flourish, …
Acid Proof Lining Market Poised for 6.2% Growth: Capitalize on the Demand in Chemical Processing
The acid proof lining market is forecast to experience a growth of 6.2% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 6,747.17 million in 2023. The acid proof lining industry is burgeoning owing to surging demand from multiple end-use industries, wherein walls, …
Navigating Growth: Dunnage Tray Market Targets US$ 2.6 Billion by 2029 with 4.3% CAGR
The global dunnage tray market is poised for a steady climb, with a projected value of US$ 2.6 billion by 2029. This translates to a CAGR of 4.3% between 2022 and 2029. Demand in Automotive Manufacturing Dunnage trays have witnessed significant demand, particularly in the automotive industry. These trays play a crucial role in safeguarding …
Glamping Market Trends: Rising Glamour and Profits to US$ 11.62 Billion by 2033 | FMI
According to FMI’s forecasts, the glamping market is anticipated to increase from US$ 3.84 billion in 2023 to US$ 11.62 billion by 2033. The market is anticipated to grow at an astounding CAGR of 11.69% throughout this time. Increasing government-backed investments in the tourism sector across the globe is a chief factor driving the glamping market. Players in the tourism sector …
Glass Washer Market Forecast: Industry Rising to US$ 707.4 Million by 2033
The Glass Washer Market plays a vital role in various industries, ensuring sparkling clean glassware for everything from fine dining establishments to busy laboratories. From simple undercounter units to high-powered conveyor systems, these machines cater to diverse cleaning needs. Let’s delve into the current state of the market, explore the factors driving its growth, and …
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Decorated Apparel Market: Estimated to Record a Steady 12.9% CAGR by 2033 – Exploring Trends and Innovations in Customized Clothing
In 2023, the global decorated apparel market is likely to rise to a valuation of US$ 29.4 billion. Anticipated to reach US$ 99 billion by 2033, it is estimated to record a steady compound annual growth rate (CAGR) of 12.9% from 2023 to 2033. The global decorated apparel market registered an astonishing CAGR of 14.6% in the …
Hair Brush Market: Anticipated to Showcase a Steady 7.0% CAGR by 2033 – Exploring Growth Trends in Hair Care Accessories
By 2023, the global hair brush market size is expected to surpass a valuation of US$ 4.2 billion. Throughout the assessment period from 2023 to 2033, it is anticipated to showcase a steady compound annual growth rate (CAGR) of 7.0%. With these projections, the global hair brush market is likely to reach a valuation of …
Gum Rosin Industry Sales Anticipated to Grow at 4.7% CAGR, Reaching US$ 2,460.2 Million by 2033
The global gum rosin industry is expected to witness an average CAGR of 4.7% from 2023 to 2033. The target market in this region will reach a valuation of US$ 2,460.2 million by 2033, rising from an estimated US$ 1,554.2 million in 2023. Historically, the gum rosin market recorded a sluggish CAGR of 3.6% and reached …
Forecasting a Steady Surge: Thermic Fluid Market Projected to Expand at Over 6.2% CAGR to 2032
The thermic fluid market is poised for robust growth, with an anticipated compound annual growth rate (CAGR) exceeding 6.2% from 2022 to 2032. This growth trajectory reflects the increasing demand for efficient heat transfer solutions across various industries such as chemicals, oil and gas, food and beverage, and pharmaceuticals. Thermic fluids play a vital role …