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Press Releases from Fact.MR (45302 total)

04-08-2024 | Food & Beverage
Fact.MR

Global Sales of Coffee Substitutes are set to rise at 4.2% CAGR through 2032

The global coffee substitutes market is estimated at US$ 13.06 billion in 2022 and is predicted to reach a market revenue of US$ 19.8 billion by the end of 2032, expanding at a CAGR of 4.2% over the 2022-2032 assessment period. Coffee substitutes, also known as coffee alternatives or coffee analogs, refer to beverages made from various ingredients other than coffee beans. These substitutes are often sought after by individuals looking

Luxury Bath and Body Products is likely to acquire a market value of US$ 32 Bn b …

The global luxury bath and body products market revenue was valued at US$ 14 Bn in 2021, and is expected to grow at a CAGR of 7.5% from 2022-2032. The market is estimated to reach US$ 32 Bn by the end of 2032. The luxury bath and body products market encompass a wide range of items, including bath soaps, shower gels, body lotions, moisturizers, scrubs, and bath salts, among others. These

Art and Sculpture Market Targets Growth Trends to US$ 115.64 Billion Milestone b …

The art and sculpture market is expected to grow from US$ 43 billion in 2024 to US$ 115.64 billion by 2034, with a compound annual growth rate (CAGR) of 10.4%. Creative expressions are in high demand as social appreciation of art and culture grows. Sales of paintings, sculptures, and antiquities are surging as a result of people's growing attraction to art galleries, museums, and cultural events. This growing interest is a

Office Relocation Services Market Is Anticipated To Reach US$ 14.6 Billion By 20 …

The global office relocation services market is worth US$ 10.6 billion in 2022 and is anticipated to expand steadily at a CAGR of 3.3% to reach US$ 14.6 billion by 2032. The Office Relocation Services Industry sales study offers a comprehensive analysis on diverse features including production capacities, Office Relocation Services demand, product developments, sales revenue generation and Office Relocation Services market outlook across the globe. market research report by Fact.MR,

Virtual Reality Market Is Forecasted To Reach A Value Of US$ 233.79 Billion By 2 …

The global virtual reality market size has reached a valuation of US$ 23.18 billion in 2023 and is projected to further expand at a high-value CAGR of 26% and climb to US$ 233.79 billion by the end of 2033, reveals Fact.MR, a market research and competitive intelligence provider. The Virtual Reality Industry sales study offers a comprehensive analysis on diverse features including production capacities, Virtual Reality demand, product developments, sales

Tankless Water Heater Market Forecasted to Achieve US$ 9.5 Billion by 2034, with …

A new industry report released by Fact.MR values the global tankless water heater market at US$ 4.9 billion for 2024. By the end of 2034, tankless water heater sales are expected to reach US$ 9.5 billion worldwide, growing at a CAGR of 4.9%. As technology advances and customer demands for more space- and energy-efficient solutions rise, tankless water heaters are becoming a more desirable choice for both residential and commercial use.

Birch Water Market Is Anticipated To Expand At A High-Value CAGR Of 7.9% Through …

In the year 2022, the valuation of the global birch water market is US$ 1.4 billion and it is predicted to climb to a market size of US$ 3 billion by 2032-end. Projections are that demand for birch water is estimated to expand at a CAGR of 7.9% throughout the forecast period of 2022 to 2032. The Birch Water Industry sales study offers a comprehensive analysis on diverse features including

Sleeve Label Market Set for Remarkable Growth, Expected to Surpass US$ 25.6 Bill …

A recent Fact.MR study projects that the global sleeve label market will bring in US$ 16 billion in sales by 2024. By the end of 2034, sales of sleeve labels are expected to have increased at a 4.8% CAGR to US$ 25.6 billion. Manufacturers across several industries are adopting sleeves labels, often called stretch and shrink sleeves, for branding and promotional purposes. Sleeve labels are mostly utilized in the food and

Digital Twin Market Revolutionizing Industries with a Projected Growth to $95 Bi …

The concept of a digital twin has been gaining traction in various industries due to its ability to create a virtual model of a physical system or process. This technology enables businesses to simulate, predict, and optimize their operations through a digital counterpart, leading to improved efficiency and reduced costs. According to Fact.MR, the global digital twin market is valued at approximately US$ 5 billion as of 2023 and is expected

Potash Fertilizers Market Predicted to Reach US$ 48.9 Billion at a 5.4% CAGR by …

The global potash fertilizer market (カリ肥料市場) was valued at USD 28.9 billion in 2022 and is projected to grow at a CAGR of 5.4%. This growth trajectory is expected to drive the market value to US$ 48.9 billion by the end of 2032. Rising demand for grains and cereals can drive market expansion. As the benefits of liquid potash fertilizers are increasingly recognized, it is expected to increase the consumer base,

Biodiesel Market is Expected to Achieve US$ 201.17 Billion at a CAGR of 6.9% by …

The global biodiesel market (バイオディーゼル市場) is set to reach a market value of approximately USD 103.23 billion by 2022. Furthermore, the biodiesel market is expected to continue strong year-on-year growth at the forecasted mixed growth rate. (CAGR) of 6.9% over the next decade and will eventually reach a market value of US$201.17 billion by 2032. Biodiesel stands out as a promising source of sustainable energy and offers a wide range of

Sodium Lignosulfonate Market is Projected to Hit USD 535 Million at a 3.5% CAGR …

The sodium lignosulfonate market (リグノスルホン酸ジャリア市場) is growing significantly and is projected to be worth $535 million by 2033. This represents a significant increase of $7 million from the current $3 million. The driving force behind this upward trend is the expected growth in global demand for sodium lignosulfonate, which will register a CAGR of 3.5% during the forecast period 2023-2033. Several factors contribute to this optimistic outlook to the sodium lignosulfonate
04-06-2024 | Health & Medicine
Fact.MR

Brain Implants Market Ascends to US$ 11.1 Billion by 2027 | Fact.MR

The global Brain Implants Market, which was valued at US$ 6.6 billion in 2022, is poised for significant growth. Projections indicate a robust Compound Annual Growth Rate (CAGR) of 11% over the next five years, catapulting its value to US$ 11.1 billion by 2027. This trajectory underscores a burgeoning demand for brain implant technologies, driven by advancements in neurology and an increasing focus on healthcare innovations. Within this expansive market

Mobile Industrial Robot Market: Rising Towards a $31.1 Billion Valuation by 2033

The Global Mobile Industrial Robot Market is expected to reach a value of US$ 7.2 billion, with projections indicating a robust compound annual growth rate (CAGR) of 15.7% leading to an estimated value of US$ 31.1 billion by 2033. Mobile industrial robots represent a significant leap forward in efficiency and cost-effectiveness for goods transportation. This sector is experiencing rapid expansion, particularly owing to its diverse applications across industries such as
04-05-2024 | Food & Beverage
Fact.MR

Truffles Market to Expand at a 8.9% CAGR by 2033, Reaching US$ 800 Million

Global truffle demand is expected to grow at an 8.9% CAGR between 2023 and 2033. The global truffles market is currently valued at US$340 million and is expected to grow to US$800 million by the end of 2033. Truffles, the prized culinary delicacies, have captivated the palates of gastronomes for centuries. Known for their distinct aroma, flavor, and rarity, truffles hold a revered status in the world of gourmet cuisine. These

Human Resources Consulting Market Set to Reach $82 Billion by 2032

The global human resources consulting services market (인적자원 컨설팅 시장) is anticipated to be valued at US$ 49.4 billion in 2022, growing at a CAGR of 5.2% to US$ 82 billion by 2032. The Human Resources (HR) consulting market serves as a crucial pillar for organizations worldwide, facilitating strategic management of their human capital. With the evolving landscape of business dynamics and workforce expectations, HR consulting has become indispensable. Its primary

Global dishwashing products market is likely to secure US$ 36 Billion by 2032

The global dishwashing products market is expected to hold a value of US$ 19.65 Billion in 2022. During the forecast period of 2022-2032, the market is likely to display a CAGR of 6.24% while securing a market value worth US$ 36 Billion. Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Dishwashing Products market. The report presents detailed information regarding the drivers, restraints, opportunities and
04-05-2024 | Food & Beverage
Fact.MR

Oil Soluble Flavours Market Insightful Forecast to Top US$ 2.08 Billion by 2033

Based on a recent market report by Fact.MR, the global oil soluble flavors market is expected to grow at a compound annual growth rate (CAGR) of 5.1% over the next ten years, from its estimated value of US$ 1.26 billion in 2023 to US$ 2.08 billion by the end of 2033. Seasoned oils called flavor oils are used to improve the taste and scent of food. Flavor oils are produced from

Sales of Plant-based Skincare Products are set to reach US$ 1.62 billion by 2033

This latest study by Fact.MR places the global plant-based skincare products market at US$ 789.75 million in 2023 and projects it to secure a valuation of US$ 1.62 billion by the end of 2033. Worldwide demand for plant-based skincare products is estimated to exhibit an increase at a healthy 7.5% CAGR over the next ten years, thereby providing an absolute dollar growth of US$ 837.95 million. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟

Intrusion Detection & Protection System Market Surges Past US$ 18.4 Billion Mark …

With a compound annual growth rate (CAGR) of 12.8% from 2022 to 2032, the global intrusion detection and protection systems market is expected to reach a value of over USD 18.4 billion. In 2022, it was valued at USD 5.5 billion. In 2021, the global market for intrusion detection and protection systems made up less than 1% of the total ICT market. During the projection years of 2022-2032, the worldwide intrusion

Feminine Hygiene Market Projected Expansion to Reach US$52.1 Billion by 2032

The feminine hygiene products market is expected to grow at a compound annual growth rate (CAGR) of 4.2% to reach US$ 52.1 billion by the end of 2032, from a valuation of US$ 34.53 billion in 2022. The global market for smart feminine care is anticipated to rise at a faster rate due to reasons such as female empowerment trends, rising female literacy rates, improved awareness of menstrual health and cleanliness,

Concrete Floor Coatings Market Size to Hit US$ 2.5 Billion by 2033, Garnering 6. …

The global concrete floor coatings market was estimated by Fact.MR to be worth US$ 1.4 billion in 2023. By the end of 2033, it is expected to have grown at a Compound Annual Growth Rate (CAGR) of 6.2% and be valued US$ 2.5 billion. The demand from the industrial and commercial sectors has driven substantial expansion in the global market for concrete floor coatings (コンクリート床コーテグ市場) in recent years. Concrete floor coatings

Stuffed And Plush Toy Market Is Projected To Reach US$ 19.8 Billion By 2034: Fac …

According to the recently updated study by Fact.MR, the global stuffed and plush toy market size has been analysed to increase at a CAGR of 6.9%, which will push its value from US$ 10.2 billion in 2024 to US$ 19.8 billion by the end of 2034. The Stuffed and Plush Toy Industry sales study offers a comprehensive analysis on diverse features including production capacities, Stuffed and Plush Toy demand, product

Fava Bean Protein Market Is Anticipated To Reach US$ 85.6 Million At A Healthy C …

The global fava bean protein market is estimated to be valued at US$ 56.7 million in 2022, registering Y-o-Y growth of 4.2%. As per forecasts, worldwide consumption of fava bean proteins is projected to increase at a healthy CAGR of 4.2% over 2022-2032, with the U.S. accounting for more than 35% increase in revenue. The Faba Bean Protein Industry sales study offers a comprehensive analysis on diverse features including production capacities,

Inspection Management Software Market Is Expected To Reach A Valuation Of US$ 26 …

Global demand for inspection management software is estimated to increase at a stellar CAGR of 11.2% from 2023 to 2033. In 2023, the global inspection management software market is valued at US$ 9 billion and is thus expected to reach a market size of US$ 26 billion by the end of 2033. The Inspection Management Software Industry sales study offers a comprehensive analysis on diverse features including production capacities, Inspection

Molded Plastics Market Size to Grow USD 260.5 Billion by 2032 | Fact.MR

Currently, the molded plastics market in North America accounts for the majority of revenue, accounting for a third of the market. It is expected to increase by 160 basis points at a compound annual growth rate (CAGR) of 5.2%. Similarly, the United States stands out as the dominant player in the molded plastics market in North America with a market share of nearly 90.5%. The global molded plastics market (全用推品品市) reached

Bioactive Materials Market Momentum: Projected US$ 8.0 Billion Valuation by 2033

The global Bioactive Materials Market is set to experience robust growth, with an anticipated compound annual growth rate (CAGR) of 11.3% from 2023 to 2033. By 2033, it is projected to attain a valuation of US$ 8.0 billion, driven primarily by escalating utilization in bioengineering and the development of medical equipment. Bioactive materials play a pivotal role in restoring, enhancing, and sustaining tissue functionality, while also offering additional technical attributes

Pharmaceutical Packaging Market: A 310.5 billion Industry Set to Surge

The Pharmaceutical Packaging Market is anticipated to grow steadily, with a projected 9% compound annual growth rate (CAGR) from 2023 to 2033. At present, the global pharmaceutical packaging market is valued at US$ 131 billion and is forecasted to reach US$ 310.5 billion by 2033. Health awareness and increased healthcare spending are driving factors expected to fuel the sales of pharmaceutical packaging products in the upcoming years. The proliferation of

Automotive Active Grille Shutter Market Insights US$ 10.88 billion by 2034

In 2024, the global automotive active grille shutter market (自動車用アクティブグリルシャッター市場) is estimated to be valued at US$ 5,180.2 million. It is projected to grow at a CAGR of 7.7% and reach US$ 10,876.9 million by 2034. The automotive active grille shutter market is witnessing significant growth due to the increasing demand for fuel-efficient vehicles and the growing automotive industry worldwide. Active grille shutters are designed to improve the aerodynamics of

Hollow Metal Doors Market to Witness 5.2% CAGR from 2024 to 2034

The hollow metal doors market (中空金属ドア市場) is valued at US$ 3,690 million in 2024. Projections suggest that there will be a steady expansion with a compound annual growth rate (CAGR) of 5.2% until 2034. It is anticipated that the demand for hollow metal doors will reach a value of US$ 6,126.1 million by 2034. The hollow metal door market is experiencing steady growth, driven primarily by the surge in construction

Insulation Paint & Coating Market Steady Growth 5.8% CAGR 2024-2034

In 2024, the global insulation paint and coating market (断熱塗料およびコーティング市場) is projected to reach a valuation of US$ 4.7 billion, followed by a steady expansion at a Compound Annual Growth Rate (CAGR) of 5.8%. This growth trajectory is expected to propel the market to reach US$ 8.3 billion by the end of 2034. The global insulation paint and coating market is witnessing significant growth due to the rising demand for

Sales of Real-Time (Graphics and Video) Rendering Solutions are projected to rea …

According to the recent industry analysis by Fact.MR, the global real-time (graphics and video) rendering solution market size is valued at US$ 723.7 million in 2023 and is projected to expand swiftly at a CAGR of 17.3% to reach US$ 3.57 billion by the end of 2033. For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=9039 This research report provides a comprehensive analysis of the Real-Time Graphics and Video
04-04-2024 | Food & Beverage
Fact.MR

Fresh Onions and Shallot demand is extrapolated to rise at 5.4% CAGR from 2023 t …

The global fresh onions and shallots market is valued at US$ 42.1 billion in 2023 and is forecasted to exhibit expansion at 5.4% CAGR over the next ten years. As such, global demand for fresh onions and shallots is projected to accumulate an approximate revenue of US$ 71.5 billion by 2033-end. Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=293 Demand for fresh fruits and vegetables has been witnessing a steep upward trend in recent years

Battery Management System Market is likely to reach a valuation of USD 32.3 Bill …

Worldwide demand for battery management system is projected to grow at a double digit CAGR of 19.6% during forecast period of 2022 to 2032. In 2022, the global battery management system market size is estimated at US$ 5.4 Billion and is anticipated to reach at US$ 32.2 Billion by the year 2032. For Critical Insights on This Market, Request a Sample Report https://www.factmr.com/connectus/sample?flag=S&rep_id=2447 The demand for batteries is considerable, particularly for their utilization
04-04-2024 | Sports
Fact.MR

Global Bicycle Parking Racks Market is predicted to rise with a steady 7.2% CAGR …

The global bicycle parking racks market is expected to be worth US$ 3.68 Billion in fiscal year 2023, up from US$ 3.43 Billion in fiscal year 2022. From 2023 to 2033, the market is expected to grow at a 7.2% CAGR, reaching a value of US$ 7.37 Billion by the end of 2033. Bicycle parking racks serve as crucial infrastructural elements in urban landscapes, facilitating safe storage for bicycles. As cycling

Digital Ticketing Market Forecasted to Expand Rapidly, Projecting US$ 53.7 Billi …

Fact MR has produced a new market study report on digital ticketing market .The global digital ticketing market had US$ 24.3 billion in sales in 2022. By the conclusion of the projection period, the market is anticipated to have grown by 7.6% from 2023 to 2033, and its worth will be US$ 53.7 billion. The market for digital tickets is anticipated to generate substantial income from the entertainment vertical, and it

Canned Cocktails Market is foreseen to expand at a CAGR of over 20% By 2030: Fac …

The canned cocktails market captured a valuation of over US$ 25 billion in 2020, and is foreseen to expand at a CAGR of over 20% during the forecast period of 2020-2030. Economic shutdowns have led to supply shortages of canned cocktails as the COVID-19 pandemic is negatively affecting most industries, from wholesale distributors to retail stores, and the manufacturing industry. The Canned Cocktails Industry sales study offers a comprehensive analysis on

Professional Spa Services Market Is Projected To Reach A Size Of US$ 194.39 Bill …

The global professional spa services market is expected to be worth US$ 114.88 Billion in the fiscal year 2023, up from US$ 109.00 Billion in the fiscal year 2022. From 2023 to 2033, the market is expected to grow at a 5.4% CAGR, reaching a value of US$ 194.39 Billion by the end of 2033. The Professional Spa Services Industry sales study offers a comprehensive analysis on diverse features including production

Current Sensors Market Is Projected To Reach A Value Of US$ 7.3 Billion at a 9% …

The constantly expanding consumer electronics industry across the world has led to the development of novel technologies, and most depend highly on current sensors. As such, the global current sensor market has been valued at US$ 3.1 billion in 2024 and is forecast to advance at 9% CAGR to reach US$ 7.3 billion by the end of 2034. The Current Sensor Industry sales study offers a comprehensive analysis on diverse features
04-04-2024 | Sports
Fact.MR

Men's Swimwear Market Anticipates US$ 535.4 Million Valuation by 2032, Driven by …

The men's swimsuit market is expected to reach US$ 535.4 million by the end of 2032, growing at a compound annual growth rate (CAGR) of 3.2% from its estimated US$ 402.2 million valuation in 2022. Product innovation for men's swimwear will see a boost in sales. Swim trunks are the most popular type of swimwear and are predicted to account for over 30% of the worldwide market during the estimated period. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱

Hair Removal Wax Market Projected to Reach US$ 18.4 Billion by 2033, Growing at …

According to a recently released research analysis by Fact.MR, the global market for hair removal wax is expected to be worth US$ 10.19 billion by 2023. By 2033, the hair removal wax market is expected to be valued US$ 18.4 billion, growing at a compound annual growth rate of 6%. People are becoming more sensitive of their appearance, which is why the personal care and grooming industry has grown steadily and

Carbon Capture and Storage (CCS) Market is Predicted to Reach US$ 10.2 Billion b …

The Carbon Capture and Storage market (二手机米动影院・貯留(CCS)市場) was valued at approximately USD 2.9 billion in 2023 and is projected to grow at a CAGR of USD 13.4 % to reach USD 10.2 billion by 2033. CCS involves capturing carbon dioxide (CO2) from energy and industrial sources and transporting it to storage where it is safely isolated from the atmosphere. This process is a crucial strategy for mitigating and stabilizing atmospheric greenhouse

Lift Trucks Market Size to Worth USD 94.56 Billion by 2032, at a CAGR of 6.9%|Fa …

The lift trucks market in Europe will garner a major revenue of USD 17.66 billion in 2022, securing a significant 36.4% market share globally. The developing electronics industry and the continuous growth of warehousing in Europe could become the main catalysts to increase the demand for lift trucks in the near future. Moreover, increasing industrial activity in the region is expected to accelerate the growth of the forklift market. The global
04-04-2024 | Health & Medicine
Fact.MR

Endoscopy Devices Market is Expected to Progress at a CAGR of 9% by 2032 |Fact.M …

The endoscopy devices market in the United States is estimated to account for the largest global market share of 34.5% in 2022. This growth is due to a wider range of available treatment options and a growing population characterized by an increase in gastrointestinal diseases. In addition, the continuous technological advancement of endoscopy devices will further contribute to the favorable growth trends observed in this market. The global endoscopy devices market

Third Party Logistics Market: Doubling Revenue to US$ 2,144 Billion by 2032

The global Third-Party Logistics Market is estimated to stand at a substantial US$ 1,031 Billion, projected to surge to US$ 2,144 Billion by 2032 with a robust growth rate of 7.6% over the forecast period. Key drivers fueling this growth include the burgeoning e-commerce landscape and the integration of advanced technologies, which are reshaping the logistics landscape. During the historical period, spanning from 2015 to 2021, the global third-party logistics
04-03-2024 | Health & Medicine
Fact.MR

Home Infusion Therapy Market Surges Towards US$ 83.02 Billion by 2034

The global Home Infusion Therapy Market is expected to experience significant growth, reaching a value of US$ 83.02 billion by the end of 2034, up from US$ 36.29 billion in 2024. According to the latest research report by Fact.MR, the market is projected to grow at a compound annual growth rate (CAGR) of 8.6% during the period from 2024 to 2034. Several factors contribute to this growth trajectory. Firstly, there

Intelligent Transport System Market Forecasted to Expand Rapidly, Projecting US$ …

The market for intelligent transport systems is predicted to grow at a notable compound annual growth rate (CAGR) of 7.2% from 2022 to 2032, from an estimated US$ 26.47 billion in 2022 to US$ 53.06 billion in sales by that time. The buzz of the town is advanced traffic management systems (ATMS), which allow public safety organizations and authorities to respond to accidents and crises more swiftly and efficiently. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮
04-03-2024 | Food & Beverage
Fact.MR

Hemp-based Products is predicted to progress at a stellar 24.5% CAGR through 203 …

The global hemp-based products market is forecasted to reach a value of US$ 1.8 billion by 2023, soaring to an impressive US$ 16.2 billion by 2033. Projected sales of hemp-based products are anticipated to surge at a remarkable compound annual growth rate (CAGR) of 24.5% from 2023 to 2033. Download Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4504 A significant driver of this growth is the legalization of hemp product sales and cultivation in numerous
04-03-2024 | Food & Beverage
Fact.MR

Global Plant-based Protein Supplement Market is estimated at US$ 1.12 billion in …

The global plant-based protein supplement market size is estimated at US$ 1.12 billion in 2024 and is forecasted to rise at a CAGR of 5.7% to reach US$ 1.96 billion by the end of 2034. Plant-based protein supplements have gained significant traction in recent years, driven by the growing demand for sustainable and cruelty-free nutrition alternatives. These supplements offer a viable source of protein for individuals following vegan, vegetarian, or flexitarian

Demand for Voice Directed Warehousing Solution is forecasted to reach a market v …

According to a new industry analysis done by Fact.MR, the global voice directed warehousing solution market has been projected to reach a size of US$ 5.7 billion in 2024 and is forecast to reach a value of US$ 24.52 billion by 2034, with a projected CAGR of 15.7% from 2024 to 2034. Voice-directed warehousing solutions have emerged as a transformative technology in the logistics and supply chain industry. By leveraging voice

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