The advanced composites market is anticipated to thrive at a steady CAGR of 9.1% between 2023 and 2033. The market is expected to have a market share of US$ 107.30 billion by 2033 while it is likely to be valued at US$ 44.91 billion in 2023. High designing independence due to flexibility, limited material costs, …
Category Archives: Business
FMI Study States Global Cold Forging Machines Market Share to Cross USD 34.5 Billion Mark by 2034, Driven by 5.7% CAGR Growth
The cold forging machines market was predicted to reach USD 19.8 billion in 2023, indicating a significant increase in demand. This upward trajectory is expected to continue, propelled by a strong compound annual growth rate (CAGR) of 5.7%, culminating in a remarkable market valuation that exceeds USD 34.5 billion by 2034. Unlike hot forging techniques, which require …
Network Management System Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032
The global Network Management System (NMS) market is set to witness robust growth over the next decade, with a projected Compound Annual Growth Rate (CAGR) of 8.6% between 2022 and 2032. As per market forecasts, the market size is anticipated to surge from US$ 9.1 Billion in 2022 to an impressive US$ 21 Billion by 2032. In …
Intellectual Property Software Market Set for Rapid Growth with 12.7% CAGR, Projected to Reach $14.9 Billion by 2032
According to a new analysis from FMI, the market for intellectual property software is anticipated to grow at a rate of 12.7% over the course of the projection year and reach US$ 14.9 billion by 2032. By 2022, the intellectual property software industry is expected to be worth US$ 4.5 billion. The research claims that …
Global Plastic Liner Market Poised for Steady Growth, Expected to Reach US$ 7.1 Billion by 2033 | FMI
The plastic liner market valuation is US$ 4.8 billion in 2023. The market is projected to progress at a CAGR of 4.1% from 2023 to 2023. At the end of the forecast period by 2033, the value of the market is expected to reach US$ 7.1 billion. The food & beverage sector is finding increasing use for plastic liners. In …
Global Commercial Paper Bags Market Set to Reach US$ 13.0 Billion by 2033 Amid Rising Demand for Eco-Friendly Packaging Solutions
.The global Commercial Paper Bags Market is poised for significant growth, with an anticipated valuation of US$ 6.3 billion in 2023. Innovations propel 7.5% CAGR (2023-2033) in paper bag tech, driving the market to US$ 13.0 billion by 2033. The increasing prevalence of plastic bans and regulations on single-use plastics stands as a powerful catalyst behind …
Instant Payments Market Poised for Strong Growth: Projected CAGR of 16.2% from 2023 to 2033
The global Instant Payments Market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 16.2% between 2023 and 2033. According to the latest market research, the market value is expected to surge from US$ 28,011.6 million in 2023 to an estimated US$ 125,718.5 million by 2033. The sector’s remarkable growth trajectory follows …
Global Medical Packaging Market Set to Reach US$ 149.8 Billion by 2033, Driven by Pharmaceutical Sector Growth
The global medical packaging market is poised for significant expansion, with a projected value of US 149.8 billion by 2033. This represents a substantial increase from US$ 78.3 billion in 2023, reflecting a healthy Compound Annual Growth Rate (CAGR) of 6.7%. This translates to a lucrative US$ 74 billion opportunity for market growth in the next …
Custom Packaging Boxes Market Projected to Reach US$ 9 Billion by 2032, Driven by Sustainability and Consumer Demand
The global custom packaging boxes market is expected to reach a valuation of USD 5.7 Billion in 2022, finds Future Market Insights (FMI) in a recent market analysis. With demand growing at a 4.7% CAGR over the assessment period, with the market valuation reaching USD 9.0 Billion by 2032. Custom packaging boxes are attractive and help in …
Plastic Cutlery Market Set to Reach US$ 1.9 Billion by 2034, Driven by Growing Demand in Foodservice and Outdoor Activities
The global plastic cutlery market is expected to develop a CAGR of 2.80% from 2024 to 2034, according to Future Market Insights. The market is projected to increase from US$ 1.5 billion in 2024 to US$ 1.9 billion by 2034, owing to the emergent competition and the introduction of new players offering affordable options to meet consumer …