The global viscometer market is poised to grow significantly, with a projected compound annual growth rate (CAGR) of 6.9%, reaching a valuation of USD 587.3 million by 2031. This growth is driven by increasing applications of viscometers across diverse industries including pharmaceuticals, petroleum, and cosmetics. As these sectors demand precise viscosity measurements to ensure product quality and …
Monthly Archives: August 2024
Global Tower Crane Rental Market Anticipated CAGR of 5.8%, Surpassing Valuation of USD 12.8 Billion by 2033
Projections indicate that the global tower crane rental market is set to achieve a substantial valuation of approximately USD 7.3 billion by the year 2023. This upward trajectory is primarily fueled by the escalating demand for tower crane rentals across a broad spectrum of end-use industries. Looking ahead, it is anticipated that the market will maintain its …
FMI Projects Global Heat Shrink Tubing and Sleeves Market Anticipated to Exceed USD 3,865 Million Revenue by 2033, Growing at 6.2% CAGR
The global heat shrink tubing and sleeves market, with a valuation of USD 1,995 million in 2022, is experiencing sustained growth, projected to reach USD 2,118 million in 2023. This market has garnered significant attention for its anticipated substantial expansion. Projections indicate a remarkable surge, with the market expected to exceed USD 3,865 million by 2033, …
Global LED Lights Market is expected to generate a revenue of US$ 392.6 Billion at a CAGR of 16.2% by forecast period of 2033 end | Future Market Insights, Inc.
The global LED Lights market is forecast to expand at 16.2% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 87,242.8 Million in 2023. LED lights market to reach US$ 392,675.9 Million by 2033. The LED lights can be effectively integrated in living environments, …
Retail Automation Market to Surge at 9.7% CAGR, Reaching $47.7 Billion by 2033: FMI Report
The market for retail automation is poised to undergo a remarkable transition and is anticipated to rise at an astounding rate. This dynamic sector is likely to grow at an impressive compound annual growth rate (CAGR) of 9.7% from 2023 to 2033, from its impressive 2023 value of US$ 18,845.3 million to its projected US$ …
Zipper Bag Market Set to Reach USD 3 Billion by 2034, Driven by Convenience and Eco-Friendly Trends
Zipper Bag Market The global zipper bag market is poised for significant growth, projected to reach a valuation of US$ 2.3 billion by the end of FY 2024, according to the latest report by Future Market Insights (FMI). The market is driven by increasing consumer demand for zipper bags across various applications, fueled by their convenience and …
Liquid Filling Machine Market Poised for Growth: Projected to Reach USD 1.2 Billion by 2034 | FMI
The liquid filling machine market is on a promising trajectory, with projections indicating a steady growth rate of 2.70% CAGR, leading to an anticipated market valuation of USD 1.2 billion by 2034. As of 2024, the market is valued at USD 987.7 million, underscoring its significant expansion potential over the next decade. Driving Factors Behind …
Water Soluble Bag Market Projected to Reach USD 1.31 Billion by 2034 with 2.70% CAGR
Water Soluble Bag Market The global water soluble bag market is witnessing significant growth, with a projected valuation of US$ 1,006.8 million in 2024. As sustainability becomes a focal point for consumers and businesses alike, the market is expected to reach a valuation of US$ 1,314.2 million by 2034, showcasing a compound annual growth rate (CAGR) of …
Global CRM Application Software Market to Reach a Value of About US$ 62,200 Million in the Year 2022 – FMI
Customer relationship management application software includes applications for sales automation, automation of marketing and customer service and support management like email automation. There are different types of customer relationship management applications available through cloud delivery like social media management, activity and participant management and customer experience management. CRM application software are being increasingly used by the enterprises …
Recycled Paper Demand Boosts Old Corrugated Container Market: Sales Expected to Surge 1.6x by 2033
The global old corrugated containers (OCC) market size is estimated to be valued at US$ 41.4 billion in 2023. Old corrugated container sales are anticipated to reach US$ 65.7 billion by 2033. The market will likely expand at a CAGR of 4.7% during the forecast period 2023 to 2033. Corrugated packaging producers are set to use recycled …