New Product Development
The grape skin extract market was valued at USD 164.47 million in 2022 and is projected to reach USD 391.37 million by 2033, growing at a CAGR of 8% from 2023 to 2033. This growth is driven by the rising popularity of clean-label nutritional supplements and cosmetics among consumers. The demand for cosmetic products containing botanical ingredients, …
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The global flight tracking system industry is projected to grow at a steady CAGR of 5.5% over the forecast period. Valued at USD 456.6 million in 2023, the market is anticipated to reach a valuation of USD 780.0 million by 2032. The flight tracking system industry is experiencing significant growth, driven by rising demand for …
The global hybrid vehicles industry is expected to exceed USD 232,603.9 million in 2023. The market is projected to grow at a robust CAGR of 21.6% from 2023 to 2033, reaching an estimated valuation of USD 1,644,192.6 million by 2033. The hybrid vehicles industry is experiencing unprecedented growth as global demand for eco-friendly and fuel-efficient …
The global automotive interior leather industry is projected to be valued at USD 23.1 billion in 2024 and is expected to reach USD 37.3 billion by 2034. The industry is forecasted to grow at a CAGR of 4.9% over the period from 2024 to 2034. In 2023, the industry generated USD 22.1 billion in revenue …
The Middle East and Africa rough terrain cranes industry was valued at USD 321.1 million in 2022 and is forecasted to grow at a CAGR of 7.3% between 2023 and 2033. The market is expected to increase from USD 342.6 million in 2023 to a valuation of USD 693.1 million by 2033. By lifting capacity, …
ASEAN Automotive Aftermarket The ASEAN automotive aftermarket is projected to grow at a steady CAGR of 8.5% throughout the forecast period. The market is estimated to generate USD 24.56 billion in revenue in 2023 and is expected to surpass USD 55.53 billion by 2033. The ASEAN automotive aftermarket is witnessing remarkable growth, driven by expanding vehicle ownership, rising disposable incomes, and a burgeoning demand …
The global industrial chemical packaging market is poised for consistent expansion, with a projected CAGR of 4.0% from 2023 to 2033. According to a recent analysis by Future Market Insights (FMI), the revenue share of this market is expected to increase significantly, from USD 133.58 billion in 2023 to USD 197.52 billion by 2033. The …
In 2023, the global metallized PET cartons industry is projected to reach a value of USD 185.1 million, according to FMI. The market is anticipated to expand at a CAGR of 4.5% between 2023 and 2033, reaching an estimated value of USD 288.1 million by the end of 2033. In response to changes in customer tastes, the global packaging sector has seen …
The global market for plastic vials and ampoules is poised for impressive growth, with sales estimated to reach USD 3,447.4 million in 2024, marking a steady increase from USD 3,270.7 million in 2023. Over the next decade, the market is projected to soar, reaching an estimated value of USD 5,833.0 million by 2034. This represents …
The global corrosion protection tape industry is on the brink of a significant growth trajectory, with projections indicating that it will reach USD 1.3 billion in 2024 and surpass a valuation of USD 1.9 billion by 2034, driven by an impressive CAGR of 4.1% over the forecast period. Corrosion protection tape is a type of adhesive …
