The Australia and South Pacific tourism market is poised to reach a valuation of USD 150 Billion in 2022. Sales are projected to grow at a 7 % CAGR, with the market size reaching USD 295.07 Billion by 2032. The improvement if tourism is based on the facilities provided by the government. The government have established an organization named SPTO, which deals …
Monthly Archives: June 2024
Railway After-cooler Market Projected to Register 5.4% CAGR through 2033
The global railway after-cooler market is projected to have a high-paced CAGR of 5.4% during the forecast period. The current valuation of the railway after-cooler market is US$ 1,032.2 Million in 2023. The value of the railway after-cooler market is anticipated to reach a high of US$ 1,746.5 Million by the year 2033. The locomotive industry is …
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Hydrogen Trucks Market CAGR Projected to Grow at 41% through 2033
According to FMI reports, the global hydrogen trucks market is expected to grow by nearly US$ 3.84 Billion by 2023. This is with a substantial and impressive CAGR of 41% expected over the forecast period, which is projected to reach over US$ 119.18 Billion by the year 2033. Each of these factors is anticipated to …
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Zero Emission Vehicle Market is expected to reach USD 2,384.66 billion by 2033
The global zero emission vehicle market is valued at USD 248 billion as on 2023. The market is expected to grow at a CAGR of 25.4% during the forecast period, and is anticipated to reach a valuation of USD 2,384.66 billion by 2033. One of the key factors that has led to an increase in …
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Japan’s Booming Taurine Market Analysis: A USD14.6 Million Industry Poised for Growth (2023 to 2033)
The taurine market in Japan is experiencing significant growth, driven by a surge in health consciousness and the widespread adoption of dietary supplements. The industry is estimated to be valued at USD 14.6 million in 2023 and is projected to reach USD 27.0 million by 2033, reflecting a healthy CAGR of 6.3%. Get Your Sample …
Spa Services Market, Growing at a compound annual growth rate (CAGR) of 10% by 2032, Analysis and Recommendations
The global spa services market is predicted to thrive over the forecast period of 2022 to 2032 by reaching a valuation of USD 140.28 Billion while exhibiting a robust CAGR of 10% over this duration. Valued at USD 105.18 Billion in 2022, the spa services market is pushed by swift changes in consumer preferences. The availability of a wide range of therapies such as …
Circular Economy Boosts Fish Silage Market Growth to USD 2,065.0 Million by 2033
The global fish silage market is on a trajectory of substantial growth, projected to increase from USD 780.9 million in 2023 to a remarkable USD 2,065.0 million by 2033. This represents a notable compound annual growth rate (CAGR) of 10.2% during the forecast period. Fish silage, a sustainable and cost-effective feed ingredient, is gaining traction …
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Surge in Soft Magnetic Composite Market to Hit 108.392 Billion by 2033 Driven by Sustainability and Electric Vehicles
The global soft magnetic composite market is expected to grow from USD 44,459.0 million in 2023 to USD 108,392.0 million by 2033, according to a Future Market Insights (FMI) report. Global demand for soft magnetic composite is expected to rise at a CAGR of 9.3% during the assessment period. The electrical steel segment is expected …
Industrial Floor Mat Market worth USD 7.1 billion by 2034
The industrial floor mat market is anticipated to reach a valuation of USD 4.5 billion in 2024. The industry is projected to be worth USD 7.1 billion by 2034, expanding at a CAGR of 4.5% between 2024 and 2034. The market is witnessing significant growth due to its crucial role in enhancing workplace safety, productivity, and hygiene across various industries. These mats, designed …
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Sustainable Packaging Revolution: Bioplastic and Biopolymer Market to Reach USD 98 Billion by 2034
By 2024, the bioplastic and biopolymer market is expected to be valued at USD 16.8 billion. With a compound annual growth rate (CAGR) of 19.3% between 2024 and 2034, the industry is expected to be valued at USD 98 billion by that time. The market is expanding significantly due to the growing emphasis on …