New Product Development
Future Market Insights’ new survey estimates that the sleeping bag market is anticipated to be worth USD 1.91 billion in 2024 and is projected to reach USD 3.55 billion by 2034, witnessing a CAGR of 6.40% during the projected period. The rise of eCommerce has made sleeping bags and their variants more accessible to consumers. The demand for sleeping bags is proportional to …
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The silicone makeup sponge market is on an upward trend, with a projected Compound Annual Growth Rate (CAGR) of 7% expected during the forecast period. This means the market is likely to reach a valuation of US$ 1256.19 million by 2032, rising from US$ 638.58 million in 2022. Silicone Makeup Sponge Market Trends on the Rise Flawless Application & Blending: Makeup …
The peel-off face mask market is projected to achieve a compound annual growth rate (CAGR) of 7% throughout the forecast period. Anticipated to reach a market share of USD 4.35 billion in 2032, up from USD 2.07 billion in 2021, this growth is attributed to the expanding FMCG and cosmetic industries. The peel-off face mask market’s value has been propelled by …
The hair extension market is witnessing a golden age, with a projected value of USD 5,000.2 million by 2033. This translates to a healthy CAGR of 6.3%, creating a lucrative opportunity for industry leaders to unlock significant growth. Why the Hair Extension Market is Having a Moment: Appearance is Key: Consumers are increasingly image-conscious, seeking ways to enhance their appearance. Hair extensions …
The box liners market size is slated to cross a valuation of US$ 400.40 million in 2023 and is predicted to hit a valuation of US$ 710.15 million by 2033. The box liners market share is estimated to expand at a CAGR of 5.9% from 2023 to 2033. In recent years, the global retail sector has seen a dramatic change due to e-commerce’s …
The direct to garment printing market is expected to witness significant growth and reach a market value of approximately US$ 861.2 million in 2024. The development of this market is being driven by the rapidly changing fashion trends and the increasing need for manufacturers to keep up with these trends to remain competitive. Direct-to-garment printing is a popular textile …
The use of cryogenic labels has been on the rise in recent years, especially in the healthcare sector. With the increasing reliance on biobanks and the rise of precision medicine, the demand for cryogenic labels has reached an all-time high. Their applications are not just limited to medicine and academia as they are now being used in …
The global paper cup lids market is anticipated to reach a valuation of US$ 32.7 billion in 2023, driven by increased focus on branding. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 3.9% between 2023 and 2033, and reaching a total valuation of approximately US$ 47.9 billion by …
The mineral yeast market is likely to be valued at US$ 79.2 million in 2024 and is anticipated to reach US$ 211.2 million by 2034. The market is expected to evolve at a CAGR of 10.3% from 2024 to 2034. Packed with B12 and antioxidants, mineral yeast is a reliable source to protect the body from environmental toxins. Industries such as food and …
The vitamin yeast market is valued at US$ 66.7 million in 2024, and it is projected to reach US$ 148.0 million by 2034. Over the next decade, global vitamin yeast demand is likely to increase at a promising CAGR of 8.3%. Yeast is extensively used in the food industry and dietary supplements as a valuable source of essential nutrients, particularly B vitamins. …
