According to Future Market Insights, the adoption of tourism in the Philippines is likely to witness significant surge, with its size expected to increase from US$ 12.30 billion in 2024 to US$ 34.47 billion by 2034. Over the next decade, a promising 10.80% CAGR in the demand for tourism in the Philippines is projected to …
Monthly Archives: May 2024
India Loyalty Program Market Set to Soar: Projected Growth to US$ 14,502.6 Million by 2033, with a Striking CAGR of 15.7% to 2033
Expected to surpass US$ 3,363.4 million in 2023, the India loyalty program market is poised for significant growth, with projections indicating a substantial increase to US$ 14,502.6 million by 2033. Anticipated to advance at a Compound Annual Growth Rate (CAGR) of approximately 15.7% from 2023 to 2033, this growth trajectory underscores the increasing importance of loyalty programs …
Sulphur Bentonite Industry Forecasts 4.7% CAGR Growth, Reaching US$ 363.4 Million by 2033
In 2018, the sulphur bentonite industry had a value of US$ 191.5 million. In 2023, the market is anticipated to generate US$ 228.7 million. The assessment period, 2023 to 2033, is projected to have a 4.7% CAGR in global demand. By the end of 2033, a market worth US$ 363.4 million is anticipated to exist. Improved agricultural …
Countertop Industry Forecasts 4.9% CAGR Growth, Valuation of US$ 1,97,478.28 Million by 2033
The global countertop industry value is expected to rise from US$ 1,22,395.22 million in 2023 to US$ 1,97,478.28 million by 2033. This estimated growth is expected to be driven by an average CAGR of 4.9% in the countertop market over the next decade. An increase in residential projects is expected to propel the sales of kitchen sink countertops. Additionally, the surging trend of …
Global Human Respiratory Syncytial Virus (RSV) Treatment Market Poised for Significant Growth, Reaching Over US$ 4,354.93 million by 2032
The global human respiratory syncytial virus (RSV) treatment market is expected to witness significant growth in the coming decade, according to a recent industry report. The market, valued at an estimated US$ 1,533.74 million in 2022, is projected to reach US$ 4,354.93 million by 2032, reflecting a compound annual growth rate (CAGR) of 11%. RSV is a common respiratory …
Artificial Turf Industry Anticipates Global Sales at US$ 10,120 Million by 2033, with a CAGR of 8%
According to Future Market Insights, the artificial turf industry size is expected to reach US$ 4,671.82 million by 2023, and ultimately to US$ 10,120 million by 2033, growing at an 8% CAGR. A bocce ball court, tennis court, putting green, or patio are all ideal recreational areas for artificial turf. The surface is highly resistant to wear …
Scented Candle Market to Reach US$ 5.64 Billion by 2033: Healthy 4.10% CAGR Signals Growing Demand for Aromatherapy and Home Fragrance
According to a recent report by Future Market Insights (FMI), the global scented candles market is expected to surpass a valuation of US$ 3.6 Billion in 2022, with sale growing at a 4.1% CAGR through 2032. To improve sales, manufacturers are introducing limited edition fragrances and seasonal scents. For instance, DIPTYQUE is offering a set …
Compact E-Scooter Market Forecasted to Grow at 2.6% CAGR to reach US$ 806.3 Million by 2032
The compact e-scooter market size accounted for about US$ 626.8 Million in 2022 and is anticipated to reach US$ 806.3 Million by 2032, advancing at a CAGR of 2.6% during the forecast period (2022-2032). As traffic congestion worsens in and around major cities, commuters are compelled to choose either expensive modes of transportation or homes near the workplace; the compact electric …
Silicon Tetrachloride Industry Forecasts Sales to Reach US$ 2,846.0 Million by 2027, with a CAGR of 4.5%
The global silicon tetrachloride industry sales is expected to create a valuation of about US$ 2,277.4 Million in 2022. The global business is further estimated to witness a considerable CAGR of 4.5% during the period of 2022 and 2027. Future Market Insights (FMI) has published a new research titled “Silicon Tetrachloride & Derivatives Market: Global Industry Analysis 2012 – …
Global Gaucher and Pompe Diseases Enzyme Replacement Therapy (ERT) Market Projected to Reach US$ 6.2 Billion by 2033, Exhibiting Strong Growth
The gaucher and pompe diseases enzyme replacement therapy (ERT) market is on track for a significant surge, according to a recent market analysis. The report projects the market to reach a value of US$ 3.3 billion in 2023, with a staggering climb to US$ 6.2 billion by 2033. This remarkable growth is anticipated to be …