The indigenous tourism market is experiencing a steady upward trend, with a projected Compound Annual Growth Rate (CAGR) of 4.10% expected from 2024 to 2034. This growth trajectory indicates that by 2034, the market value is forecasted to reach US$ 67.05 billion, compared to its 2024 value of US$ 44.86 billion. The size of the …
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Mobile Mania in Travel Booking: Capturing Customers in the Digital Travel Market Booming at 15% CAGR by 2032
The digital travel market reached a valuation of US$ 400 Billion in 2022 and is anticipated to reach US$ 1,618 Billion in 2032, at a 15% CAGR. With a plethora of innovative, customer-friendly initiatives, the digital travel industry is thriving globally and solidifying its position in the fiercely competitive travel and hospitality sector. Sales of digital travel have skyrocketed in recent …
Corrosion Protection and Acid Proof Lining Industry: Reaching US$ 83,434.92 Million by 2033, with a CAGR of 5.7%
The global corrosion protective coating and acid proof lining industry size is poised to reach US$ 47,928.96 million by 2023. The corrosion protective coatings and acid proof lining sales are expected to witness a steady CAGR of 5.7% between 2023 and 2033. By 2033, the corrosion protective coatings and acid proof lining demand is anticipated to attain …
Snow Cone and Commercial Shaved Ice Machines Market Growth: Industry Projected US$ 5.9 billion Valuation by 2033
The global snow cone and commercial shaved ice machines market is anticipated to reach a valuation of US$ 3.9 billion in 2023, driven by expansion of food service industry across the globe. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.3% between 2023 and 2033, and …
Artificial Hair Integration Market Grows to US$ 3.9 Billion by 2033, Fueled by Non-Surgical Hair Solutions and Diverse Consumer Needs
According to recent data from Future Market Insights (FMI), the artificial hair integration market is valued at US$ 1.9 billion in 2023, with projections indicating an increase to US$ 3.9 billion by 2033, reflecting a compound annual growth rate (CAGR) of 7.2% from 2023 to 2033. The artificial hair integration market represents approximately 25% to 35% of …
Thermal Insulation Material Industry: Heating Up at 5.6% CAGR to Reach US$ 122 Billion by 2033
The thermal insulation material industry is expected to reach US$ 70.74 billion by 2023 and grow at a 5.6% CAGR. The best way to reduce energy consumption is to insulate all partitions of a building effectively. Polyurethane foam, mineral wool, and polystyrene foam are the most common thermal insulation materials used in buildings, which provide …
Cotton Candy Machines Market Soaring at US$ 170.4 billion by 2033
The global cotton candy machines market is worth US$ 108.4 Billion as of now and expected to reach US$ 170.4 Billion by the year 2033 at a CAGR of 4.62% between 2023 and 2033. The ongoing trend is that of sugar-free candies due to consumers getting more health-conscious. As such, low-sugar chocolates are in the …
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Skincare Devices Market Set to Reach US$ 101.5 Billion: Projected CAGR of 15.6% by 2033 Unveils Growth Potential
The global skincare devices market is estimated to reach US$ 23.8 billion in 2023 and is expected to grow to US$ 101.5 billion by 2033, demonstrating a Compound Annual Growth Rate (CAGR) of 15.6% from 2023 to 2033. Previously, from 2017 to 2022, the market grew at a CAGR of 10.9%. The growing demand for …
Halal Tourism Market Soars: Reaching US$ 417.6 Billion by 2034 and Beyond
The global market valuation of the halal tourism industry is expected to reach US$ 417.6 billion by 2034, rising at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2034. In 2023, the market share was forecast to be worth US$ 266.3 billion. The “halal” term means permissible according to Islamic laws and teachings. With a rise in the number …
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Africa Automotive Refinish Coatings Market: Poised to Reach US$ 165.5 Million by 2033
According to Future Market Insights (FMI), Africa’s automotive refinish coatings market size is forecast to reach US$ 108.9 million in 2023. Total sales of automotive refinish coatings across Africa are slated to rise at 4.3% CAGR from 2023 and 2033, generating a market valuation of US$ 165.5 million by the end of 2033. The booming automotive industry and increasing spending on maintaining the …