New Product Development
The global bamboo products market is anticipated to total US$ 6.9 Bn in 2022. Growing emphasis on sustainability and plastic waste reduction across the globe is anticipated to drive the market at a healthy 6.1% CAGR, pushing the market size to US$ 12.4 Bn in 2032. Demand for bamboos is expected to rise primarily due to rising demand from key end-use sectors …
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The pet toys market is projected to rise at a healthy 7.2% CAGR for the period of projection from 2021 to 2031. The growing rate of pet ownership, increased interest in pet humanization trends, and the development of pet care hospitality facilities are key factors that contribute to the rise of the pet toys market. Consumers are increasingly looking …
The global sun care products market is forecast to reach a valuation of US$ 1.3 Bn in 2022. Increasing expenditure on personal care and beauty products across the globe will boost sales at a 6.9% CAGR, with the total valuation reaching US$ 2.6 Bn by 2032. FMI analysts opine that organic – which has made deep inroads into many F&B and cosmetics categories …
The global male sex toys market is predicted to be worth US$ 31,699 million. According to Future Market Insights (FMI), between 2019 and 2029, the market will grow at a constant rate of 7.5 %. According to the survey, the primary drivers for the growth of male sex toys in the market include improving sexual experience and increasing adoption …
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Currently valued at around US$ 15.42 billion, the market for male colour cosmetics is predicted to expand to US$ 38.41 billion by 2029, with a very high CAGR of 13.9 %. Approximately 4% to 8% of the worldwide cosmetics market is currently occupied by male colour cosmetics. Men are using cosmetics more frequently than women do, which is boosting demand …
The global period panties market to grow at 15.8% CAGR between 2020 and 2030. By the end of 2021, the market’s valuation is expected to reach US$ 180 Mn. The rise in awareness about feminine hygiene coupled with the increase in demand for eco-friendly period panties is projected to present lucrative opportunities for expansion of the market. An increasing number of …
The global market for smart shoes is expected to register a CAGR of 10% by garnering a market value of US$ 608.2 Million by the end of 2032. Close to half a million pairs of smart shoes were sold in 2022, as indicated by a recent study of Future Market Insights (FMI). An average 22% Y-o-Y growth is envisaged for the revenue …
Continue reading “Smart Shoe Market is Approximated to Reach a Valuation of US$ 231.4 Mn in 2022”
Between 2023 and 2033, the food extruder market is anticipated to grow at a robust CAGR of 3.9%. The market is expected to reach a worth of US$4 87.2 billion by 2033, up from its current share of US$59.6 billion in 2023. – Modern food extruders that increase productivity and minimise power consumption are being …
During the years 2023-2033, the global market for industrial gas stoves is anticipated to expand at a CAGR of 3.3%. As of 2023, the market is valued at US$ 8856.84 million, and by 2033, it is anticipated to reach a valuation of US$ 12254.11 million. Luxury hotels are currently one of the biggest consumers of …
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The global Rare NGR1 Fusion Market is estimated to achieve an amazing valuation of US$ 9.49 billion in 2023 and reach US$ 20 billion by 2033, with a CAGR of 7.73%. With the latest insights and statistics from the biggest pharmaceutical and healthcare device manufacturers across the globe, FMI presents an extensive analysis on Rare …
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