The India sustainable tourism market size is evaluated to be worth US$ 26.01 million in 2022 and US$ 151.88 million by 2032, with a high CAGR of 19.3% between 2022 and 2032. Furthermore, India has a wide variety of natural habitats, including hundreds of kilometres of coastline dotted with magnificent beaches and mangroves. As a result, sustainable tourism is gaining popularity in India. …
Monthly Archives: April 2024
Sealless Magnetic Drive Pump Market Size Soars to US$ 1252.3 million by 2033
In industrial processes where even a minor leak can be disastrous, sealless magnetic drive pumps offer a reliable and safe solution. Unlike traditional pumps with mechanical seals, these innovative pumps eliminate the risk of leakage by using magnetic coupling to rotate the impeller. This translates to a wave of benefits, making the sealless magnetic drive …
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Ultrafiltration Membranes Industry Projects Market Size at US$ 10.7 Billion by 2033
The global ultrafiltration membranes industry is anticipated to be US$ 10.7 billion by 2033. It is estimated to record a steady CAGR of 8.0% in the review period 2023 to 2033. It is likely to total US$ 5.0 billion in 2023. The global ultrafiltration membranes market registered an astonishing CAGR of 10.7% in the historical period between 2018 and 2022. The ultrafiltration membrane market manufactures, …
Yoga and Meditation Market Surges Ahead, Envisioning US$ 23,000 Billion Prospect with 14.3% CAGR | FMI
The market for yoga and meditation is projected to be valued at US$ 6,063.57 million in 2023. It is estimated that the market will surpass US$ 23,000 million by 2033. The market is also anticipated to expand fast, with a 14.3% CAGR, from 2023 to 2033. The goal of this study is to impart a deeper understanding of the personal exercise …
Growth Forecast: Bioplastic and Biopolymer Industry Forecasts Market at US$ 16.8 Billion by 2024
The bioplastic and biopolymer industry is anticipated to reach a valuation of US$ 16.8 billion in 2024. The industry is projected to be worth US$ 98 billion by 2034, expanding at a CAGR of 19.3% between 2024 and 2034.The market is undergoing substantial growth driven by increased global focus on sustainable and eco-friendly alternatives. Derived …
Mica Industry Forecasts 4.8% CAGR in Global Demand, Reaching US$ 874.8 Million by 2033
It is projected that the value of the world mica industry would rise from US$ 546.3 million in 2023 to US$ 874.8 million by 2033. It is anticipated that the demand for mica would rise globally at a compound annual growth rate (CAGR) of 4.8% between 2023 and 2033. Natural mica demand is increasing as a result of its easy available in the …
Anticipated Expansion: India Decorative Veneer Market Eyes Growth at 4.2% CAGR Over Forecast Period by 2033
India decorative veneer market business value is expected to increase from US$ 249.7 million in 2023 to US$ 376.3 million in 2033. Over the assessment period, demand for decorative veneers in India is projected to surge at a CAGR of 4.2%. India’s decorative veneer business is experiencing significant growth, and its trajectory suggests reaching unprecedented …
Transformer Tap Changers and Voltage Control Relay Market Surges to US$ 2357.1 million by 2033
In 2023, the Transformer Tap Changers and Voltage Control Relay Market is expected to be worth over US$ 1464.2 million. It is estimated to rise by 4.4% year over year. Sales of voltage control relays and transformer tap changers are anticipated to expand at a decent CAGR of 4.9% over the course of the forecast period. …
Market Expansion: Iron Ore Pellet Industry Foresees Significant Rise in Demand with 7.9% CAGR by 2033
The global iron ore pellet industry value is forecast to increase from US$ 66,503.9 million in 2023 to US$ 141,988.8 million in 2033. Over the assessment period, global demand for iron ore pellets is projected to surge at a CAGR of 7.9%. The demand for iron ore pellets is closely tied to the global steel …
Sailing into Success: Water Adventure Tourism Market on Course for US$ 1.06 Trillion by 2034 | FMI
By 2024, the market for water adventure tourism is expected to be valued at US$ 2,160.8 billion. By 2034, the market is probably going to exceed US$ 1.06 trillion. From 2024 to 2034, the industry is predicted to grow at a CAGR of 17.30%. Special interest tourism is a type of tourism that facilitates the …