New Product Development
The houseware market is expected to be US$ 343 billion in size in 2024. The size of the market in 2023 was tipped to be US$ 332 billion. From 2024 to 2034, the CAGR for the market is projected to be an average of 4.1%. By the end of the forecast period, the market value is anticipated to have risen to US$ …
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The global Handloom Product Market is estimated to be US$ 8,190.1 million in 2024. In 2023, the market was valued at US$ 7,697.4 million. It is projected to exhibit a CAGR of 8.30% over the forecast period, with an expected market size of US$ 18,179.1 million by 2034. Since the pandemic, there has been a considerable push toward sustainable products, …
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The golf equipment market is projected to be worth US$ 7,571.4 million in 2024. The industry is projected to rise at a CAGR of 4.50% through 2034, surpassing a valuation of US$ 11,758.1 million. The golf equipment industry witnesses a surge in demand driven by technological advancements in club designs and materials. Innovations like adjustable hosels, aerodynamic clubhead shapes, and multi-material constructions …
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In 2023, the total sales of baby feeding accessories generated a revenue of around US$ 2,237.3 million. The industry share of baby feeding accessories is predicted to expand at a rate of 6.4% between 2024 and 2034. In terms of value, the global market size is estimated to reach US$ 4,385.1 million by 2034, increasing from US$ 2,358.1 million in 2024. A progressing transition toward …
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The beauty and wellness industry is more than just skin deep – it’s a multi-trillion dollar market experiencing phenomenal growth. Estimated at a staggering US$ 16,95,661.4 million in 2024, the market is projected to reach a breathtaking US$ 36,948,436 million by 2034, fueled by a CAGR of 8.1%. Here’s why you should invest in this transformative industry: A Holistic Approach to …
The valuation for the Global Aqua Gym Equipment Market was around US$ 656.2 million in 2023 and is projected to reach US$ 1,169.2 million by 2034. The market is expected to exhibit a CAGR of 5.40% over the forecast period. The prevalence of obesity and arthritis and an increase in the incidences of joint illnesses in the aging population are expected to drive the …
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The handicraft market is poised for significant growth, with the global market size projected to reach US$ 387.07 billion by 2024. The handicraft sales are expected to witness a strong CAGR of 10.5% between 2024 and 2034. By 2034, the handicraft demand is anticipated to reach a valuation of US$ 1,050.53 billion. The handicraft industry is growing …
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The global hydroxytyrosol market value is estimated to grow from US$ 751.2 million in 2024 to US$ 1,425.5 million by 2034. It will likely exhibit healthy growth, with overall hydroxytyrosol demand rising at a CAGR of 6.6% throughout the forecast period. Natural hydroxytyrosol remains the top-selling product in the market. This can be attributed to a growing consumer preference for natural ingredients over …
The growing demand for minimally processed ingredients across several sectors is anticipated to benefit the xanthan gum industry over the forecast period 2023 to 2033. It is expected to grow at 6.6% CAGR through 2033, and reach a market size of US$ 1,754.8 million. The usage of additives in the baking industry has grown widely. …
According to Future Market Insights (FMI), the global oat milk market demand is estimated to reach US$ 1,544.3 million in 2023. For the next ten years, global sales of oat milk are likely to rise at 13.7% CAGR. This will take the overall market valuation to around US$ 5,631.4 million by 2033. The oat milk …
