New Product Development
The waterproof boots market size is estimated to be valued at US$ 1,520 Mn in 2022, and is projected to reach a valuation of US$ 2,360 Mn by 2032. The demand for waterproof boots is likely to rise at a CAGR of 4.5% from 2022 to 2032. Because of the footwear industry’s ongoing growth and manufacturers’ increased focus on waterproof boots that …
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The global DCIM market is anticipated to grow steadily at a CAGR of 15%, from US$ 2.8 Bn in 2021 to US$ 13.5 Bn in 2032. Gaining end-to-end visibility for predicting capacity requirements, mandatory requirements to improve data centre uptime and energy efficiency, the emergence of next-generation DCIM offerings, the mandate of the data centre optimization initiative to address critical infrastructure inefficiencies, and …
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The global second hand bag market size is expected to reach a market valuation of US$ 5.9 Billion by the year 2022, accelerating with a CAGR of 6.2% by 2022-2032. The second hand bag market size is anticipated to be valued at about US$ 10.77 Billion by 2032 end. The demand for second hand bags has significantly increased in recent years due …
The global alternative accommodation market is estimated to garner US$ 626.5 Billion while exhibiting a 16.2% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 139.6 Billion in 2022. The growing popularity of the internet and the simplicity of booking present lucrative market …
The global roll-your-own tobacco products market is likely to hold a value of US$ 30.8 Billion. With a CAGR of 3.8%, the market is projected at US$ 44.6 Billion during the forecast period from 2022 to 2032. The roll-your-own tobacco product’s consumption has been increasing in the developed economies. The main factor boosting the growth of the roll-your-own tobacco product market is …
The global pet apparel market is estimated to expand at a CAGR of over 5.0% throughout the forecast period of 2022-2032, to be valued at US$ ~7.0 Bn by the end of 2032. The higher pet adoption from dogs to cats and all the other kinds. With the higher number of pet-based community fests, pet apparel companies have started …
According to a recent study done by FMI, the cognitive computing market is expected to reach US$ 3.2 Trillion by 2032, up from US$ 257.1 Billion in 2022, expanding at a high CAGR of 28.7%. This study explains that the key factors such as the rise in big data analytics, developments of machine-to-machine technologies, and an increase …
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The pet perfume market size is estimated at US$ 1.4 Billion in 2022. Sales are projected to increase at a 5% CAGR, with the pet perfume market size reaching US$ 1.6 Billion by 2032. Initially, pet perfumes were based on gender, but the idea of a gender-neutral product is starting to emerge as one of the key opportunities and trends in the …
The glass tableware market is estimated to reach a valuation of US$ 9.8 Bn in 2022. Sales are projected to increase at a 3.0% CAGR, with the market size reaching US$ 12.8 Bn by 2032. The use of environmentally friendly, recyclable, and biodegradable products is also driving a shift away from plastic tableware toward glassware. As a result, it is anticipated that demand for glass …
According to the SD-WAN security industry analysis by Future Market Insights (FMI), the adoption of SD-WAN security market is estimated to grow with a CAGR of 21.2% from 2022-2032. The report states that the market is expected to reach the valuation of ~US$ 2.4 Bn by the end of 2022. As per FMI, as remote …
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