New Product Development
The hong kong tourism market to stands at US$ 16 billion as on 2022, is projected to grow at a CAGR of 10%, and the valuation is expected to go up to US$ 41.50 billion in 2032. The tourism industry is a major contributor to the economy of Hong Kong. Since 2014, growth of tourists from China has decreased, due …
Continue reading “Hong Kong Tourism Market is Estimated to Reach at a US$ 41.50 Bn in 2032 | FMI”
The global indigenous tourism market to garner a revenue of around US$ surpassing US$ 65.16 billion by 2032, up from US$ 40 billion in 2022 with a CAGR of 4% during the forecast period (2022-2032). The size of the indigenous tourism market is growing as more visitors go to indigenous sites and engage in cultural tourism activities like seeing a fish wheel …
The global surface water sports equipment market is surging and is expected to continue increasing between 2020 and 2030. According to Future Market Insights (FMI), the surface water sports equipment market is a highly lucrative, and well poised to achieve a growth of over 5% over next ten years. Rising interest of people towards adventure water sports will …
The india outbound meetings, incentives to europe market to reached a valuation of US$ 4.4 Bn in 2022 and expected to reach US$ 7.17 Bn in 2032. Moving ahead with a CAGR of 5% during the forecast period (2022-2032). India is one the youngest, yet the fastest growing economies of the world. India has a large thriving and vibrant market stuffed …
The worldwide agriculture net market will exceed US$1.0 Bn in 2020 and is expected to grow at a CAGR of 5% between 2020 and 2030. There has been a remarkable movement toward increasing crop yield in order to reduce reliance on imports, which has increased demand for farm nets. These nets are widely used in both commercial and sustainable …
Continue reading “Agriculture Nets Market Expected to Reach CAGR of 5% by the end of 2030”
The destination wedding market with the rising penetration of social media. Usage of drone footage in marriage events takes destination weddings to the next level. Future Market Insights (FMI) in its latest study has forecast the market to rise at a CAGR of ~30.6% between 2021 and 2031. As per the market analysis, the destination wedding market …
Continue reading “Destination Wedding Market is Expected to Reach at US$ 290,550.5 Mn in 2031”
The digital travel market is expected to reached a valuation of US$ 400 Bn in 2022 and expected to reach US$ 1,618 Bn in 2032, at a 15% CAGR The adoption of digital travel is gaining traction as the digital travel domain across the world is basking with a slew of new customer friendly initiatives that are cementing their base in the extremely …
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 saudi arabia hajj tourism market is likely to surge at a vigorous 7.0 % CAGR from 2022 – 2032. Likely to reach a market revenue of US$ 150.0 Bn in 2022, and is expected to cross US$ 350.0 Bn by 2032. The Hajj is an annual journey to Mecca in Saudi Arabia and is the world’s largest mass gathering. All …
The halal tourism market is estimated to reach a valuation of US$ 255.0 Billion in 2022, likely to surge at a vigorous 4.0 % CAGR from 2022 – 2032 and is likely to reach US$ 365.0 billion by the end of 2032. The “halal” term means permissible according to Islamic laws and teachings. With a rise in the number of well-heeled …
