The eyewear market is estimated to increase at a CAGR of 6%, from US$ 114.95 billion in 2021 to US$ 172.42 billion in 2028. In recent years, the global eyewear market sharehas seen significant expansion, particularly in Asia-Pacific rising markets like India and China. An increase in the number of cases of visual impairment and eye issues, as well as a desire …
Category Archives: Press Release
Scented Candles Market is Set to Total US$ 5.4 Bn in 2032 | Grow at a 4.1% CAGR in 2032
The global scented candles market is estimated to surpass a valuation of US$ 3.6 Bn in 2022, with sale growing at a 4.1% CAGR through 2032. Manufacturers are introducing limited edition scents and seasonal scents to boost sales. For instance, DIPTYQUE is selling a set of 5 scented candles that are part of a limited edition. Additionally, gift-giving options …
Wall Decor Market is Projected at US$ 58.2 Bn in 2022 and Estimated to Reach US$ 70.9 Bn by 2027
The wall decor market is projected to be worth US$ 58.2 billion in 2022 and US$ 70.9 billion by 2027. From 2013 to 2021, the market expanded at a CAGR of 3.5 percent. Nearly 1% of the whole home decor business is made up of the wall décor sector. As indicated by a recent intelligence study published by Future Market …
Vegan Cosmetics Market is Expected to surpass US$ 20 bn by 2030, likely to Grow Moderately in 2030
The global vegan cosmetics market to surpass US$ 20 bn by 2030, likely to Grow Moderately during the assessment period 2020-2030 . The market for vegan cosmetics will expand as a result of the fast shifting consumer preferences brought on by rising environmental concerns and the spiralling demand for cruelty-free and vegan cosmetics. In the upcoming years, it is …
Secondhand Apparel Market to Grow at a CAGR of 11.2% During the Forecast Period 2031
The global secondhand apparel market to grow at a CAGR of 11.2% during the forecast period 2021-2031, despite a period of slower growth in 2020, according to a latest study by Future Market Insights (FMI). With the globalisation, the fashion industry considerably transformed. Changes in lifestyles as a result of industrialization, urbanisation, economic development, and globalisation have accelerated …
Colored Gemstones Market to Grow at a Healthy CAGR of over 5.7% in 2031
The global colored gemstones market to grow at a healthy CAGR of over 5.7% during the study forecast period 2021-2031, exhibiting a positive recovery from period of muted growth in 2020, according to a latest study by Future Market Insights. The research study tracks colored gemstones market in 20+ countries, offering a lucid analysis on how growth trend will unfold. …
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Agricultural & Food Grade Rubber Conveyor Belt Market to Witness Huge Growth by 2028: To Grow at a CAGR of 4.9%
An agricultural & food grade rubber conveyor belt is a type of conveyor belt that transports agricultural and food products from one place to other. It is a solid band made from long-lasting substances on which several materials are conveyed. Two different types of rubbers are used for the manufacturing of rubber conveyor belts: natural rubber and synthetic rubber. …
Plus Size Clothing Market to Reach at US$ 1,044.3 Bn by 2032 | Projected at US$ 601.7 Bn in 2022
The plus size clothing market is projected to escalate at a CAGR of 5.7 from US$ 601.7 Bn in 2022 to US$ 1,044.3 Bn by 2032. The COVID-19 epidemic had a negative impact on the market share for plus-size clothing. The sales of plus size apparel have fallen as a result of a lack of labour, production issues like …
Wetsuit Market to Grow at 6.5% CAGR in 2031 | Men Wetsuits are Highly in Demand Among the Consumers
The global wetsuit market is projected to soar at a 6.5% CAGR. and surpass a valuation of US$ 1.78 Bn in 2021. To fulfil the growing demand, manufacturers are providing high-quality, cosy wetsuits that are tailored for various sports activities. According to the FMI analysis, the wetsuit market is projected to reach a valuation of US$ 1.78 …
Busbars Market Is Likely To Grow Moderately At 4% CAGR During The Assessment Period
According to Future Market Insights’ most recent report, the global busbars market will grow from US$ 18,278.9 Mn in 2022 to over US$ 23,177.7 Mn by the end of 2028, registering a CAGR of 4.0%. Expanding busbar installations in commercial buildings like hotels, research facilities, hospitals, and residential structures are anticipated to boost the market’s …