The global cargo bike market is expected to attain a valuation of US$ 2.1 billion in 2023 and is projected to reach US$ 4.2 Billion by 2033, expected to rise at a CAGR of 11.6% during the forecast period. Demand in the United States is predicted to increase at a 9.5% CAGR during the projection …
Category Archives: Press Release
ASEAN Automotive Aftermarket Eyes US$ 55.53 Billion by 2033 with 8.5% CAGR
The ASEAN automotive aftermarket is expected to expand its roots at a steady CAGR of 8.5% during the forecast period. The market is likely to hold a revenue of US$ 24.56 billion in 2023, while it is anticipated to surpass US$ 55.53 Billion by 2033. Between 2023 and 2033, Thailand will grow at a CAGR of 7.6% …
Continue reading “ASEAN Automotive Aftermarket Eyes US$ 55.53 Billion by 2033 with 8.5% CAGR”
Expanded Polypropylene (EPP) Foam Market Set to Reach US$ 5.52 billion by 2033 Amidst Automotive and Consumer Goods Boom
The expanded polypropylene (EPP) foam market is anticipated to thrive at a steady CAGR of 11.4% between 2023 and 2033. The market is expected to have a share of US$ 5.52 billion by 2033, while it is likely to be valued at US$ 1.87 billion in 2023. The advent of smart packaging with insulation, more online shopping activities, and other industrial applications are flourishing market …
Unlocking Efficiency and Performance: The Role of Thin Wafer Handling Technologies in Wafer-Level Packaging
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Wafer Level Packaging market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Wafer Level Packaging in the …
Analyzing the Growth Trajectory of the Disposable Barrier Sleeves Market, Projected to Exceed US$ 27 Billion by 2032 with a 5.5% CAGR
The disposable barrier sleeves market is poised for substantial growth, with a projected valuation of US$ 15.8 billion in 2022 expanding to over US$ 27 billion by 2032. This growth trajectory reflects an average CAGR of 5.5% during the forecast period. Manufacturers in the disposable barrier sleeves segment are actively enhancing their capabilities to cater to a …
Organo-Modified Bentonite Market Surges: Forecasts Project a Valuation of US$ 501.3 Million by 2033
The global organo-modified bentonite market size is predicted to be valued at US$ 271.8 million in 2023 and is set to surpass a valuation of US$ 501.3 million by 2033. The global market size is anticipated to grow at a substantial CAGR of 6.3% throughout the forecast period from 2023 to 2033. As per the historic analysis …
Thermoformed Skin Packaging Market Booming at 6.3% CAGR, Driven by Innovation and Sustainability
The global thermoformed skin packaging market is projected to reach US$41.6 billion by 2033, reflecting a robust CAGR of 6.3%. This growth is attributed to several key factors: Versatility and Sustainability: Thermoformed skin packaging offers a unique combination of product visibility, durability, and barrier protection against contamination. It also reduces material usage compared to traditional packaging, contributing to sustainability goals. …
Vacuum Packaging Market Poised for Steady Growth at US$ 4.9% CAGR, Driven by Extended Shelf Life and Convenience
The global vacuum packaging market is expected to reach US$12.1 billion by 2032, reflecting a healthy CAGR of 4.9%. This growth is fueled by several key factors: Extended Shelf Life: Vacuum packaging offers superior shelf life preservation compared to Modified Atmosphere Packaging (MAP). This minimizes food waste and spoilage, benefiting both retailers and consumers. Convenience: The transparent …
Surging Demand for Amines: Global Market Projected to Reach US$ 65.8 Billion by 2033
The global amines market, valued at US$ 31.9 Billion in 2023, is expected to rise at a CAGR of 7.5% between 2023 and 2033. By 2033, the amines market is projected to generate US$ 65.8 billion. Technical advancements in amine manufacturing have boosted its use in commercial and consumer applications, which is a major market driver. …
Global Firearm Lubricants Market Set to Exceed US$ 401.3 million by 2033: Insights into Sustainable Growth and Emerging Opportunities
The global firearm lubricants market is anticipated to reach US$ 302.2 million in 2022. Increased demand for weapon lubricants is predicted to result from the growing need for lubricants for firearms with low volatile organic compounds (VOCs). With a CAGR of 2.6% from 2023 to 2033, it is anticipated to have produced US$ 401.3 million by 2033. …