According to Future Market Insights (FMI), the India faith based tourism market size is estimated at US$ 1,025.57 million in 2023 at a CAGR of 16.2% from 2023 to 2033. Indian faith based tourism market share in its parent market is about 6% to 11%. Religion-based tourism has been recognized as of significant importance by the Indian government and efforts are being …
Monthly Archives: May 2024
Indonesia Sustainable Tourism Market: Projected Sales to Increase at an Impressive 27.3% CAGR by 2032 | FMI
The Indonesia sustainable tourism market is forecast to total USD 10.2 Million in 2022. Demand is slated to surge at a a 27.3% CAGR over the assessment period, in comparison to the CAGR of 21.4% registered between 2017 to 2021. The Indonesia sustainable tourism industry is following various promotional activities such as direct marketing, discounts, offering free giveaways, and hosting events activities to …
India Sustainable Tourism Market: Forecasted to Reach USD 151.88 Million by 2032, Surging at a Rapid CAGR of 19.3% | FMI
The India sustainable tourism market size is evaluated to be worth USD 26.01 million in 2022 and USD 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. …
Garage Equipment Market Projected at USD 21.2 Billion by 2034, Driven by 8.5% CAGR
The garage equipment market is on a trajectory of substantial growth, projected to reach a value of USD 21.2 Billion by 2034. This impressive expansion is fueled by a robust CAGR of 8.5%. The demand for garage equipment, encompassing tools, machinery, and technology used in automotive repair and maintenance, is experiencing steady acceleration. Factors such …
Yoga and Meditation Market: Anticipated Surge with 14.3% CAGR by 2033, Embracing Sustainability Trends in Eco-Friendly Gear and Practices
The market for yoga and meditation is projected to be valued at USD 6,063.57 million in 2023. It is estimated that the market will surpass USD 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 mats …
Global Anemometer Market to Reach USD 77.9 Billion by 2033, Driven by Technological Advancements and Environmental Monitoring Needs
The global anemometer market is on track to reach a valuation of USD 77.9 billion by 2033, with a projected compound annual growth rate (CAGR) of 6.5% from 2023 to 2033. The market’s growth trajectory is fueled by the increasing demand for advanced instruments capable of monitoring wind quality, velocity, and air pressure. According to …
Global Floating Power Plant Market Set to Surge to USD 26 Billion by 2033, Driven by Demand for Clean and Efficient Energy
The global floating power plant market is projected to attain a valuation of USD 11.04 billion in 2023 and is expected to reach USD 26 billion by 2033, trailing a CAGR of 9% during the forecast period. In the next decade, the world is poised for a rapid transition across all aspects of energy systems, driven by the remarkable …
The High-Growth Fortified Foods Market Booms, Reaching USD 257.7 Billion by 2033
Fortified Foods Market The global fortified food market is experiencing a surge in demand, with a projected valuation of US$257.7 billion by 2033. This translates to a compelling Compound Annual Growth Rate (CAGR) of 6.2%, signifying a significant opportunity for B2B investors seeking to capitalize on the growing consumer interest in enriched and nutritious food options. …
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Innovation Ignites Super Absorbent Polymer Market: Medical and Healthcare Applications Propel Growth
By 2024, the market for super absorbent polymers is expected to be valued at USD 10.7 billion. By 2034, the market is projected to be worth USD 18.23 billion, growing at a compound annual growth rate of 5.40%. The increasing global demand for personal care and hygiene products is an important factor propelling the SAP …
Global Fuel Cells Market Set to Skyrocket to USD 35 Billion by 2033, Fueled by Advances in Clean Energy Technology
The fuel cells market is on a robust growth trajectory, with projections showing an increase from USD 7.2 billion in 2023 to USD 35 billion by 2033, marking a significant compound annual growth rate (CAGR) of 17.1%. This expansion is largely driven by the escalating demand for alternative, environmentally-friendly energy sources and technological advancements in …