New Product Development
The projected value of the portable fridges market is estimated to reach US$ 1,813.6 million by 2023 and is anticipated to increase to US$ 3,385.9 million by 2033, with sales expected to experience substantial growth at a compound annual growth rate (CAGR) of 6.4% throughout the forecast period. The rising demand for cold storage systems …
Continue reading “Portable Fridges Market Set to Surge: Anticipated 6.4% CAGR Growth by 2033”
The global beard oil market is expected to reach approximately US$ 1,475 million by the end of 2029, compared to a value of approximately US$ 855 million in 2019. If these projections materialize, the market will demonstrate a compound annual growth rate (CAGR) of approximately 5.6% from 2019 to 2029. Europe is forecasted to emerge …
The baby powder market is currently valued at US$ 1,023.44 million in 2023 and is projected to reach US$ 1,800 million by 2033. Anticipated adoption of baby powder is set to progress at a compound annual growth rate (CAGR) of 5.8% throughout the forecast period. The increasing preference for organic ingredients in baby talc powder …
Continue reading “Baby Powder Market Poised for 5.8% CAGR Growth by 2033: Trends and Insights”
The diaper rash cream market is projected to be worth US$ 1,912.4 million in 2023 and is forecasted to reach US$ 3,297.7 million by 2033. Sales of diaper rash creams are anticipated to increase at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2033. Favorable to the microbiota In addition, with advances …
Global demand for an electric toothbrush market is expected to register a CAGR of 7.8% by garnering a market value of US$ 9.8 billion by 2033. The market is currently estimated to hold a value of US$ 4.6 billion in 2023. Consumer preferences in the personal care segment are rapidly evolving. There is a growing consumer penchant for efficient, easy-to-use, and quick oral …
The automatic coffee machine market will see a CAGR of 5.1% throughout the years 2021 to 31. It is projected that demand for automated coffee makers will continue to soar, especially given the expanding popularity of fast-food businesses. The market is experiencing a rapid adoption of super and fully automatic coffee machines, known for their consistent high quality and …
In 2023, the valuation of the home decor market stood at US$ 216,291.4 million. Predictions indicate that by 2033, it will surge to US$ 394,715.7 million. The global market is anticipated to grow at a compound annual growth rate (CAGR) of 6.2% throughout the forecast period. The increasing consumer interest in decorating homes and improving …
Continue reading “Home Decor Market Set to Expand at 6.2% CAGR by 2033: Trends and Forecasts”
The Commercial Air Fryer Oven market is poised for substantial growth, with its size expected to surge from US$ 848.8 million in 2023 to surpass US$ 1,409.2 million by 2033. This significant expansion is attributed to the increasing demand for commercial air fryers, driven by the growing popularity of fast food and snacks prepared using …
Continue reading “Commercial Air Fryer Market Size Soars to US$ 1,409.2 Million by 2033”
District Cooling: A Sustainable Chill Taking Over Cities In the face of rising temperatures and a growing focus on sustainability, district cooling systems are emerging as a game-changer for urban environments. These centralized cooling networks offer an efficient and eco-friendly alternative to traditional air conditioning systems. Let’s explore the current landscape of district cooling, delve …
Continue reading “District Cooling Market Anticipating 8.0% CAGR by 2033”
The global pillow cases market is projected to reach a market value of US$ 4.9 billion in 2023. Over the forecast period from 2023 to 2033, it is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.8%, reaching a market value of US$ 7.9 billion. The key drivers of the pillowcase market …