Over the assessment period from 2023 to 2033, global teak decking sales are projected to record a 4.6% CAGR. Revenue is set to reach a market size of USD 1,366.1 million by 2033 end. The global industry size reached USD 793.5 million in 2018. The global demand for teak decking is expected to reach USD 871.6 million in 2023. The expanding tourism sector is one of …
Monthly Archives: September 2024
Fiber-reinforced Plastic (FRP) Recycling Market Set for Robust Growth, Reaching USD 1.0 billion by 2033
According to Future Market Insights (FMI), the global Fiber-reinforced Plastic (FRP) Recycling Market demand is set to reach a valuation of USD 482.0 million in 2023. Over the forecast period, global FRP recycling demand is anticipated to increase at 8.0% CAGR, taking the overall market valuation to USD 1.0 billion by 2033. In 2022, the FRP recycling market was valued at USD 442.2 million. …
Bioinsecticides Market Surpasses USD 287 million in 2033, Driven by Sustainable Agriculture Practices
By 2033, the market for bioinsecticides is anticipated to reach a value of about USD 287 million. In 2023, it’s expected to surpass a value of around USD 101.3 million. During the assessment period of 2023 to 2033, the market is anticipated to surge at a CAGR of 11.0%. The growing use of integrated pest management (IPM) strategies has raised …
Paper Bubble Wrap Market Poised for Significant Growth, Projected to Reach USD 1.09 Billion by 2033
Paper Bubble Wrap Market The global paper bubble wrap market is on a strong growth trajectory, with a valuation projected to rise from approximately USD 629.3 million in 2022 to USD 661.4 million in 2023. This upward trend reflects a significant compound annual growth rate (CAGR) of 5.1%, with the market anticipated to exceed USD 1,087.4 million …
Paper Bottles Market Set for Significant Growth, Projected to Reach USD 115.6 Million by 2033
Paper Bottles Market The global paper bottles market is on an upward trajectory, expected to grow from USD 67.7 million in 2023 to USD 115.6 million by 2033, marking a significant CAGR of 5.5% during the forecast period. This remarkable growth is driven by the increasing demand for sustainable packaging solutions across various industries, including beverages and …
Reusable Water Bottle Market Set to Reach USD 11.5 billion by 2034 Amidst Rising Environmental Consciousness
Reusable Water Bottle Market The global market for reusable water bottles is witnessing substantial growth, with an estimated value of USD 8.8 billion in 2024. According to industry analysis by leading research firm Future Market Insights (FMI), sales of reusable water bottles are projected to expand at a CAGR of 2.8% through 2034, reaching a valuation surpassing …
Composite IBCs System Market Poised for Robust Growth, Expected to Reach $12.6 Billion by 2033
The composite IBCs system market is projected to grow from US$ 7,990.7 million in 2023 to US$ 12,648.47 million by 2033, recording a significant compound annual growth rate (CAGR) of 4.7% during the forecast period. This growth is driven by the increasing demand for reliable and cost-effective cross-border transportation solutions. Core Concepts in the Composite IBCs System …
Molded Pulp Packaging Machines Market Poised for Steady Growth, Expected to Reach USD 833.4 Million by 2033
The global molded pulp packaging machines market is poised to achieve a valuation of US$ 590.8 million in 2023 and is projected to grow at a steady CAGR of 3.5% to reach US$ 833.4 million by 2033. According to Future Market Insights (FMI), the trays segment is expected to dominate the market, driven by high demand for …
Global Cutting and Bending Machine Market to Reach US$ 16,383.6 Million by 2032, with a Projected CAGR of 7.1%
The Cutting and Bending Machine Market is experiencing a remarkable surge in demand, fueled by its growing adoption across various industries such as automotive, metal fabrication, electrical and electronics, and more. This rise in popularity can be attributed to the numerous advantages these machines offer, including enhanced precision, efficiency, and cost-effectiveness. The global cutting and bending machine …
Southeast Asia Submersible Pump Market Size is Projected to Reach US$ 1,076.8 million by 2032, With a 5.5% CAGR
The Southeast Asia Submersible Pumps Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Southeast Asia Submersible Pumps market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Southeast Asia Submersible Pumps. It …