The men’s underwear market will grow at approximately ~4% CAGR between 2021 and 2031. In 2020, the overall sales of men’s underwear totalled US$ ~10 Bn .As per FMI, the men’s underwear market holds a share of ~1% in the overall apparel market. Besides innovation in designs, the market is gearing to witness the launch of electronic underwear, designed particularly for elderly patients. Rising prevalence of …
Category Archives: Press Release
Residential Water Treatment Devices Market is Anticipated to Grow at a Robust 5% CAGR by 2031 | FMI
The global residential water treatment devices market is anticipated to total US$ 23 Billion in 2021 by 2027, likely to surge at a vigorous ~5% CAGR during the assessment period 2021 – 2031. Water is required for the life of all living beings while also being one of the most limited resources. Large-scale urbanisation, widespread pesticide use, and naturally occurring pollutants in …
Halal Cosmetics Market Share to Thrive at a CAGR of 11.6% Through 2032 | According to FMI analysis
The global halal cosmetics market size is expected to showcase an opulent growth opportunity with a phenomenal CAGR of 11.6% from 2022 to 2032. The market size is estimated to reach US$ 38,217 Million in 2022 and is projected to surpass a valuation of US$ 114,524 Million by 2032. The popular types of halal cosmetics incorporate an array of fragrances; color cosmetics such …
Ecotourism Market is Projected to Grow by 15% CAGR Through 2031 | Exclusive Report by FMI
The ecotourism market size is projected to grow by 15% CAGR by the end of the year 2031. In 2021, the market value will surpass US$ 17 Billion, finds Future Market Insights (FMI) in its latest study. FMI projects the education sector to significantly contribute towards the ecotourism market growth. The relationship between education and ecotourism is concerned with ensuring that organisations deliver …
Automotive Performance Parts Market Growth to reach US$ 532.02 Million by year 2032 | FMI
The automotive performance parts market growth is estimated to grow from US$ 339.32 Mn in 2022 to US$ 532.02 Mn by 2032. Sales of automotive performance parts are predicted to grow at a CAGR of 4.6% from 2022 to 2032 The global automotive performance parts market growth is primarily driven by consumers’ desire to improve their vehicle’s performance in terms of exhaust, speed, …
Meat Mincers Market: Overview With Geographical Segmentation & Revenue With Forecast 2023 to 2033
According to Future Market Insights, the global meat mincers market size is anticipated to grow from US$ 457.5 Million in 2023 to US$ 1,063 Million by 2033, with overall sales accelerating at a robust CAGR of 8.8% throughout the forecast period (2023-2033). Rapid growth of meat processing industry due to rising consumption of meat products …
Horizontal Milling Machine Market Analysis, Growth Strategies & Comprehensive Forecast 2023 to 2033
The global horizontal milling machine market is expected to grow from US$ 36,955.7 Million in 2023 to US$ 55,764.6 Million by 2033, with overall sales accelerating at 4.2% CAGR throughout the forecast period (2023-2033). The rising demand for passenger cars and commercial vehicles is expected to drive the growth of the market in this segment. …
Industrial Chiller Market Current and Future Demand, Growth Analysis & Forecast 2023 to 2033
According to Future Market Insights (FMI), the global industrial chiller market is expected to grow at a CAGR of 8.8%. The industrial chiller market is projected to reach a valuation of US$ 10,459.3 Million by 2033 from US$ 4,500.0 Million in 2023. The market stood at US$ 4,500.0 Million by the end of 2022. Rising consumption of frozen food with growing …
Meat Processing Equipment Market Competitive Growth Strategies Based on Type, Applications, End User & Regional Forecast 2023 to 2033
During the projected period (2023-2033), the global meat processing equipment market is expected to grow at a CAGR of 5.2%. The meat processing equipment market is projected to be valued at US$ 8,467.0 Million by 2033 and is likely to reach US$ 5,100.0 Million in 2023. Increasing demand for plant-based meat owing to the rapid adoption of veganism in …
Milk Homogenizer Machine Market Key Players, SWOT Analysis, Key Indicators & Forecast 2023 to 2033
During the projected period (2023 to 2033), the global milk homogenizer machine market is expected to grow at a CAGR of 8.4%. The milk homogenizer machine market is projected to reach a valuation of US$ 4,178.0 Million by 2033 from US$ 1865 Million in 2023. In the dairy industry, homogenization was introduced as a manufacturing procedure …