The fiberglass market is poised for significant growth, with its value projected to increase from US$ 11,356.30 million in 2024 to US$ 19,028.50 million in 2034. This forecast corresponds to a CAGR of 5.30% over the period. The fiberglass industry is being propelled by the increasing demand for lightweight and durable materials across various sectors, …
Monthly Archives: May 2024
Global Inflatable Packaging Market Expected to Reach US$ 4.7 Billion by 2032 | FMI
The global inflatable packaging market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 6.0% from 2022 to 2032. By the end of 2032, the market is expected to reach a valuation of US$ 4.7 billion, up from US$ 2.6 billion in 2022. This growth is primarily driven by increasing …
Global Ferrovanadium Sales Projected to Hit US$ 5,776.5 million by 2028, Fueled by Steel Industry Demand
The ferrovanadium industry is poised for substantial growth, with a projected year-on-year increase of 5.1% in 2022, culminating in a value of approximately US$ 4,277.3 million by the year’s end. This surge is attributed to the escalating demand for steel in the construction and automotive sectors, driving an upswing in Ferrovanadium consumption for steel production. As the …
Global Hermetic Packaging Market Expected to Reach US$ 5.2 Billion by 2033 | FMI
The global hermetic packaging market is anticipated to witness substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2033. By the end of 2033, the market is expected to reach a value of US$ 5.2 billion, up from US$ 3.4 billion in 2023. This growth is primarily driven by …
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Clean Beauty Revolution: The Surge of Paraben-Free Skincare Market and Its Impact on Environmental Consciousness and Consumer Choices
The paraben-free skincare market is experiencing robust growth, driven by a concerted effort among producers to expand their consumer base, particularly in the Asia Pacific region. With an increasing focus on environmental consciousness, new entrants are entering the market, further bolstering its growth trajectory. Producers in the paraben-free skincare market are capitalizing on consumer perceptions …
Navigating the Digital Era: The Growing Importance of Blue Light Blocking Glasses in Protecting Eye Health and Enhancing Well-Being
In an era marked by increasing digital dependence, the importance of eye health has come to the forefront, leading to a surge in demand for blue light blocking glasses. As consumers become more aware of the potential harmful effects of prolonged screen time, manufacturers are responding by integrating blue light blocking technology into their eyewear …
Coconut Water Market: A Refreshing and Nutrient-Packed Beverage Segment Set to Flourish in the Coming Years
The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Coconut Water Market. The report features insights into the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2020 to …
Sports Nutrition Market to Surge: Projected Valuation of US$ 61.6 Billion by 2033, Growing at an Impressive Compound Annual Growth Rate (CAGR) of 11.5%
The Sports Nutrition Market is experiencing remarkable growth, with its value increasing from US$ 24.8 billion in 2022 to US$ 26.7 billion in 2023. Projections are even more exciting, with an expected value of US$ 61.6 billion by 2033, representing an impressive 11.5% Compound Annual Growth Rate (CAGR) from 2023 to 2033. Rising health consciousness, increased participation in sports and fitness activities, and …
High Protein Yogurt Market: Projected to Reach a Valuation of US$ 70.1 Billion by 2033, Flourishing at a Robust CAGR of 7%
The global high protein yogurt market is expected to reach a market valuation of US$ 36.6 billion in the year 2023. Based on the survey reports, the global market value progressed at a CAGR of roughly 2.6% over the last half-decade from 2018 to 2022. According to a new analysis report by FMI, the overall market is projected …
Poultry Feed Market: Estimated to Reach a Monumental US$ 365.6 Billion by 2033, Reflecting a Strong Growth Trajectory
The poultry feed market is expected to increase from US$ 216.5 billion in 2023 to US$ 365.6 billion by 2033. Increased Use of Online Food Delivery Channels is Contributing to the Growth of the Poultry Business Farmers use fowl feed to feed domesticated birds and other fowl such as chickens, ducks, turkeys, and geese. Modern feed is made by carefully …