Forecasted to progress at a 7.4% CAGR throughout the forecast period, the mini refrigerator market is projected to escalate from a value of US$ 1.47 billion in 2023 to US$ 3 billion by 2033. With the growing popularity of portable kitchen appliances, mini refrigerator sales have increased significantly. Mini refrigerators currently account for a 1 to 3% share in the …
Monthly Archives: August 2024
Secondhand Apparel Market: Expected to Rise at a CAGR of 11.1% by 2034 – Analyzing Demand-side Trends | FMI
The secondhand apparel market is expected to reach a valuation of USD 125.18 billion by 2034, growing at a remarkable CAGR of 11.1% through 2034. This rapid growth is primarily due to the rising popularity of secondhand clothing among the general public. Secondhand apparel is becoming increasingly popular because of its affordable price tag and superior quality, driving demand for pre-owned …
Earphone Market Expected to Surge at a CAGR of 7.6% by 2033: Technology Roadmap Analysis | FMI
The earphone market size is projected to reach USD 26,470.6 million by 2033, with a CAGR of 7.6% during the forecast period from 2023 to 2033. In 2023, the market is estimated to be worth USD 12,683.3 million. Wearable integration, particularly with smartwatches and fitness trackers, is driving expansion in the earphone market. Open-ear earphones are gaining …
Heated Jacket Market Set to Heat Up: Forecasting a USD 600 Million Industry by 2033 with 8.2% CAGR Surge | FMI
The global heated jacket market is predicted to be valued at USD 271.98 million in 2023 and USD 600 million by 2033. Over the projection period, sales in the heated jacket market are expected to increase at a CAGR of 8.2%. As temperatures drop, heated jackets are emerging as a fusion of fashion and functionality, captivating consumers seeking warmth without …
Perfluoropolyether (PFPE) Market Projected to Hit USD 1,018.2 Million by 2029 Amidst Rising Demand Across Key Industries
New research by Future Market Insights on the size of perfluoropolyether (PFPE) market includes a global industry analysis of 2014-2021 and an opportunity assessment of 2022 to 2029. The global perfluoropolyether market reached a value of about USD 758.8 Million by the end of 2022 and increased at a CAGR of 4.3% during the forecast period of 2022 …
Hydroxypropyl Distarch Phosphate Market to Reach USD 3.3 billion by 2033 | Driven by Clean Label and Plant-Based Trends
The global sales of hydroxypropyl distarch phosphate market are anticipated to reach a valuation of USD 1.9 billion in 2023, driven by clean-label emulsification. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.8% between 2023 and 2033, and reaching a total valuation of approximately USD 3.3 billion by 2033. One of the major factors …
Rising Demand for Eco-Friendly Solvents Boosts Butyl Glycol Market, Expected to Hit USD 4.7 billion by 2033
The global demand for butyl glycol market is anticipated to reach a valuation of USD 4.7 billion by 2033, with sales growing at a stagnant CAGR of 3.6% from 2022 to 2033. By the end of 2023, the target market is set to reach an estimated USD 3.3 billion. The increasing application of butyl glycol …
Sodium Caseinate Market to Reach USD 8.0 billion by 2033, Driven by Rising Demand in Processed Foods
The demand for sodium caseinate is high in the food & beverages, cosmetics, pharmaceuticals, and chemicals industries. The food & beverage industry is anticipated to be the leading consumer of sodium caseinate during the forecast period. FMI analysts project a sodium caseinate market worth USD 5.1 billion in 2023 and USD 8.0 billion in 2033. Between 2023 and …
Synthetic Polyisoprene Rubber Market to Reach USD 4.6 Billion by 2032, Driven by High Demand in Automotive and Medical Sectors
The demand for synthetic polyisoprene rubber industry is likely to be driven by its widespread application in the manufacturing of tires, belts, footwear, and medical accessories such as medical gloves and medical balloons. The global market is anticipated to expand at a robust 6.2% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a …
Global Air Sampling Pump Market to Reach US$ 68.27 Million by 2032, with a CAGR of 3.79%
The Air Sampling Pump Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Air Sampling Pump market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Air Sampling Pump. It furnishes intricate revenue …