The total sales of minibar refrigerators in 2023 incurred a revenue of around USD 347.8 million. The total revenue from minibar refrigerator sales in 2024 could be around USD 360.6 million. Over the next ten years, the worldwide demand for minibar refrigerators is anticipated to rise at a CAGR of 3.7% over the forecast period. By 2034, the global minibar refrigerator industry …
Category Archives: Retail Insights
Current Market Dynamics in the Artificial Flower Industry: Rising Popularity and Home Decor Trends
The artificial flower market is expected to be valued at USD 3,146.0 million in 2024. For 2023, the valuation was marked at USD 2,987.7 million. The market is projected to progress from 2024 to 2034, with a CAGR of 5.5%. By 2034, the market value is forecast to reach USD 5,373.9 million. The demand for artificial flowers is propelled as the product emerges …
Functional Cosmetic Ingredient Market Set to Grow at 5.7% CAGR, Reaching USD 6,232.1 Million by 2034
The net revenue earned by functional cosmetic ingredient market producers was nearly USD 3,409.5 million in 2023. The global demand for functional cosmetic ingredients is expected to increase at a CAGR of 5.7% from 2024 to 2034. By following this promising growth rate, the overall market value is predicted to rise from USD 3,580 million in 2024 to USD 6,232.1 million by 2034. Customers looking …
Luxury Handbags on the Rise: Market Growth to USD 47,237.70 Million by 2034 | Future Market Insights Inc.
In 2024, the luxury handbag market is estimated to be worth USD 25,642.20 million. Projections suggest that the market will surpass a valuation of USD 47,237.70 million by 2034, with a growth rate of 6.30% expected from 2024 to 2034. Social media and specialized luxury marketplaces offer products through a direct-to-consumer channel, reducing reliance on traditional retail …
Natural Solutions on the Rise: Organic Soap Market Expected to Expand at 6.30% CAGR by 2034
The rising incidence of skin diseases is set to drive the organic soap market to new heights, with an anticipated CAGR of 6.30% through 2034. The growing severity of skin issues, such as rashes and irritation caused by harsh chemicals in personal care products, is leading more consumers to seek out natural and organic alternatives. …
Global Mailers Market Set to Reach USD 5.26 Billion by 2033, Driven by E-commerce Boom and Logistics Expansion
Mailers Market The global mailers market is poised for substantial growth over the next decade, with market size expected to surpass USD 3,140.5 million in 2023 and reach USD 5,263.5 million by 2033. According to a recent report by Future Market Insights (FMI), the market is projected to grow at a compound annual growth rate …
FMCG Packaging Market Set to Soar, Expected to Reach USD 778.7 Billion by 2033 | FMI
The global Fast-Moving Consumer Goods (FMCG) packaging market is projected to experience substantial growth over the next decade. According to a recent analysis by Future Market Insights (FMI), the market is expected to expand at a compound annual growth rate (CAGR) of 5.8% during the forecast period, starting from a revenue base of USD 443.1 …
Global Aerosol Packaging Market Expected to Surge to USD 12.3 Billion by 2034 | FMI
Aerosol Packaging Market Future Market Insights (FMI) has released a forecast projecting the global aerosol packaging market to be valued at US$ 7.5 billion in 2024, with expectations to rise to US$ 12.3 billion by 2034. The market is anticipated to grow at a rate of 5.0% during the forecast period, with a value of US$ 7.2 …
Rise of Direct-to-Consumer Brands and Packaging Innovations Propel Retail E-commerce Packaging Market to US$ 28.7 Billion by 2033
Retail E-Commerce Packaging Market The global retail e-commerce packaging market is poised for substantial growth, projected to reach US$ 28.7 billion by 2033 from US$ 17.6 billion in 2023, with a steady CAGR of 5.0%. This growth is driven by the proliferation of direct-to-consumer (D2C) brands revolutionizing the retail landscape and advancements in packaging …
E-commerce Boom Propels Folding Boxboard Market, Projected to Reach US$ 20.3 Billion by 2032
Folding Boxboard Market The global folding boxboard market is set to grow significantly, projected to reach US$ 20.3 billion by 2032 from US$ 12.2 billion in 2022, registering a robust CAGR of 5.2%. This growth is primarily driven by the burgeoning e-commerce industry, which demands efficient and sustainable packaging solutions to safeguard products during transit. …