New Product Development
The market for portion packs was worth around US$ 3.6 billion globally in 2021 and is expected to grow at a CAGR of 6.6% to reach US$ 7.3 billion by 2032. The top 5 suppliers will control between 15% and 20% of the global market for portion packs by 2022, as demand will increase. By the end …
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Cosmetic droppers are widely used in the packaging of skincare and haircare products such as serums, oils, and essential oils. They are also used in the packaging of liquid-based makeup products such as foundations and concealers. The dropper packaging provides precise and controlled dispensing of the product, which is highly preferred by consumers. Between 2022 …
During the projection period, the electric bike market share are anticipated to grow at a CAGR of 10%. The electric bike market is expected to grow from US$ 52.05 Billion in 2022 to US$ 122.1 Billion by 2032. Key Takeaways from Electric bike Market With a CAGR of 3.2% over the forecast period, pedestals are predicted to be …
In 2021, the market for woven bags was estimated to be worth roughly US$ 5.8 Bn, growing by 3.2% year over year. Sales of woven bags are anticipated to grow steadily at a CAGR of 4.3% and reach a value of US$ 9.2 Bn by 2032. According to estimates, the woven bag market will account for 18% …
Global automotive repair & maintenance services market share is expected to see a growth of 3.2% CAGR by the year 2031, as per the latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. Key Takeaways Automotive Repair & Maintenance Service is driven with the increase in demand of second hand (Used) vehicles …
The global mobile car wash and detailing market is set to witness an impressive growth rate of 8.9% over the forecasted years of 2022 to 2032. The mobile car wash and detailing market size is anticipated to reach a valuation of around US$ 22.9 Billion by the end of year 2032 from the current valuation of US$ 9.8 Billion in 2022. Today’s markets for …
As per Future Market Insights, the automotive TCU market is predicted to develop at a 5.1% CAGR from 2023 to 2033, with a total revenue of US$ 13.66 billion in 2023. According to Future Market Insights (FMI), the market will exceed US$ 22.47 billion by the end of 2033. The automotive TCU market experienced a …
Over the forecast period of 2022 to 2032, the tire pressure monitoring system market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Billion by 2032. Commercial vehicles are heavier and despite being well-equipped with tire pressure, suffer frequent tire burst due to poor road conditions. TPMS takes away the …
The global automotive garage equipment market is estimated to be valued at ~US$ 32.9 Billion by 2029, increasing at a CAGR of ~ 4.3% during the projected period of 2022 and 2029. This growth is significantly driven by stringent emission and other regulations of vehicle diagnostics equipment in the automotive industry. The report investigates the …
According to a newly updated study by Future Market Insights, the spark plug market is expected to grow favorably, with an estimated US$ 4.0 billion in global sales in 2023. Between 2023 and 2033, the market’s value is anticipated to rise at a CAGR of 4.2%. By 2033, it is expected that the spark plug …