Category: Business

By 2033, the Patio Umbrella Market is Expected to Grow at a 5.8% CAGR | FMI

Posted on By Future Market Insights

According to the FMI patio umbrella market study, the global market is expected to grow at a compound annual growth rate (CAGR) of 5.8% over the forecast period, from US$ 538.8 million in 2023 to US$ 965.1 million in 2033. The expansion of the travel and tourism sector is thought to be the main driver of the market. Additionally, the increase in travel…

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Business

Lace Up Boots Market is Anticipated to Expand at a 4.7% CAGR by 2033 | FMI

Posted on By Future Market Insights

In the upcoming years, the market for lace-up boots is expected to rise significantly. Its estimated value is projected to rise to a substantial amount of US$ 2004.92 million in 2023. The market is anticipated to continue growing steadily with a CAGR of 4.7% throughout the projected period, reaching a remarkable valuation of US$ 3173.69 million by 2033. Lace up boots is widely…

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Business

Egg Powder Elegance: Navigating the Market for Versatile Egg-based Solutions

Posted on By Future Market Insights

The global egg powder market is set to witness growth at a CAGR of 4.9% and is anticipated to reach a valuation of around USD 2.6 Bn by 2032. Egg powder’s prospects are being bolstered by the growing health & wellness trend, owing to the fact that it is a complete protein that is diet-friendly, lactose-free, and…

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Business

Brewer’s Bounty: The Dynamic World of Brewer Yeast Powder Market

Posted on By Future Market Insights

The global brewer yeast powder market is poised to attain a significant valuation of US$ 2,392 million in 2023, propelled by the burgeoning interest and insights into brewer yeast powder. This trend is expected to pave the way for fresh market opportunities, charting a projected CAGR of 6.7% from 2023 to 2033. By 2033, the market is…

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Business

Personal Care Packaging Market Projected US$ 68.0 billion by 2034

Posted on By Future Market Insights

Personal care packaging refers to the packaging solutions designed specifically for products used in personal grooming, hygiene, and beauty routines. These packaging solutions play a crucial role in protecting and preserving the integrity of personal care products while also enhancing their visual appeal and user experience. The personal care packaging market is a dynamic sector within the…

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Business

Automotive Tire Market Forecasted to Surpass US$ 958.8 Billion by 2033 with 6.6% CAGR

Posted on By Future Market Insights

The automotive tire market is expected to grow at a CAGR of 6.6% from 2023 to 2033. The market is valued at US$ 503.9 Billion as of 2023, and by 2033, the market is expected to hit a valuation of US$ 958.8 Billion. The stringent safety norms pertaining to road are expected to surge the sales of…

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Business

Medicine Blister Market Growth: Industry worth US$ 21,083.8 million by 2034

Posted on By Future Market Insights

Medicine blister packaging, characterized by individual compartments or “blisters” containing single doses of medication, offers numerous advantages over traditional packaging formats. This includes enhanced protection against external factors such as moisture, light, and air, which can compromise the stability and efficacy of pharmaceuticals. According to projections from our consumer product analysts, the global Medicine Blister Market is…

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Business

Automotive Brake System & Components Market Set for a 4.7% CAGR to Reach US$ 109.9 Billion by 2033

Posted on By Future Market Insights

The automotive brake system & components market size is projected to be valued at US$ 69,403.5 million in 2023 and is expected to rise to US$ 109,862.1 million by 2033. The automotive brake system & components market sales are expected to capture a significant CAGR of 4.7% during the forecast period. The automotive brake system & components…

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Business

Navigating Growth: Off-Highway Vehicle Telematics Market Set to Exceed US$ 2.1 Billion by 2033

Posted on By Future Market Insights

The off-highway vehicle (OHV) telematics market is expected to be valued at US$ 488.3 million in 2023, rising to US$ 2154.3 million by 2033. The off-highway vehicle (OHV) telematics market is predicted to develop at a 16% CAGR between 2023 and 2033. The forecast for the OHV telematics market remains positive, mostly due to the increased implementation…

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Business

Projecting Switched Reluctance Motors Market Opportunities Beyond 2033 | Future Market Insights,Inc.

Posted on By Future Market Insights

The global switching reluctance motors market is expected to be worth US$ 530.7 million in 2022. During the evaluation period, demand for switching reluctance motors is projected to remain high. This is owing to expanded use in various end-use sectors, which would generate US$ 1039.1 million in 2033, with a CAGR of 6.3% from 2023 to 2033….

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