The bathtub market is forecasted to experience a 5.77% compound annual growth rate (CAGR) throughout the projected period. Anticipated growth indicates that the market size will escalate from USD 10.79 billion in 2023 to USD 18.91 billion by 2033. The increasing adoption of bathtubs in the construction and hospitality industries is a significant driver of …
Monthly Archives: May 2024
Copper Foil Market to Boom at 7.4% CAGR Driven by Electronics and Electric Vehicles
FMI’s analysis projects that the global copper foil market will grow at a compound annual growth rate (CAGR) of 7.4% during the forecast period. By the end of 2033, the industry is expected to have grown from USD 6,732.3 million in 2023 to USD 13,746.9 million. The robust growth of copper foil industry can be …
Japanese Aircraft Cleaning Chemicals Market is Set to Reach USD 2,500 Million by 2032
By the end of 2022, the Japanese market for aircraft cleaning chemicals is anticipated to be worth USD 1,385 Million, according to projections by Future Market Insights. The Japanese aircraft cleaning chemicals market is anticipated to expand steadily between 2022 and 2032 with a CAGR of 3.5%, reaching a market value of USD 2,500 Million …
Yogurt Powder Market Size: Aiming for a USD 642 Million Valuation by 2034
The size of the worldwide yogurt powder market size is expected to grow at a compound annual growth rate (CAGR) of 6.8% until 2024, when it is expected to reach USD 333.3 million. Yogurt powder sales are expected to reach a global total of USD 642 million by 2034, thanks to the probiotic benefits and …
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Diamond Jewelry Market Expected to Grow at 4.5% CAGR, Exceeding USD 552.74 Billion by 2033: Focus on Diamond Mining and Sustainable Jewelry Production
The global diamond jewelry market is projected to be valued at USD 355.93 billion in 2023, with an expected compound annual growth rate (CAGR) of 4.5%. By 2033, the market is forecasted to exceed USD 552.74 billion. The diamond jewelry industry has experienced remarkable growth in recent years, primarily driven by the increasing demand for diamond …
Rising Demand for Safe Food Drives Sodium Nitrite Market Growth in Food & Beverage and Meat Processing
Over the forecast period of 2022 to 2032, the global sodium nitrite market is expected to grow at an average annual growth rate of 4.3%, reaching a valuation of USD 612.9 million by the end of 2032. The market for sodium nitrite is anticipated to grow to a value of USD 401.76 million by 2022. …
Porcelain Tableware Market Set to Hit USD 19,178.3 Million by 2033: Expected 7.5% CAGR Driven by Growing Demand for Unique Cutlery in Festivals and Special Occasions
In 2023, the global porcelain tableware market is poised to exceed USD 9,305.2 million, with projections indicating a rise to USD 19,178.3 million by 2033. Over the period from 2023 to 2033, it is expected to escalate at a compound annual growth rate (CAGR) of 7.5%. The share of porcelain tableware within its parent tableware market …
Mushroom Materials Market to Boom: Eco-Friendly Alternative to Reach USD 8.9 Billion by 2034
With a projected CAGR of 5.80% from 2024 to 2034, the mushroom material market has seen tremendous growth in recent years. The market is expected to grow from its 2024 valuation of USD 5,105.4 million to USD 8,972 million by 2034. This growth can be ascribed to consumers becoming more conscious of how their purchases …
Guitar Market Thriving with a 7.6% CAGR: Reaching USD 23.29 Billion by 2033, Fueled by Rising Internet Penetration and Mobile Device Adoption
In 2023, the global guitar market is anticipated to reach USD 11.09 billion, with a growth rate of 7.6% CAGR. By 2033, the market has been estimated to reach USD 23.29 billion. The rising popularity of music-related leisure activities is a key factor propelling the market’s expansion. The global guitar market presents a complex landscape with …
Unlocking Growth: Capitalize on the Rising Demand for N-Propanol in Paints, Coatings, and Pharmaceuticals
According to Future Market Insights, the global n-propanol market is expected to grow at a compound annual growth rate (CAGR) of 3.1% from USD 308.6 million in 2022 to USD 420.6 million by 2032. A key driver expected to drive the global n-propanol market during the forecast period is the increasing demand for paints, coatings, …