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Changing Lifestyle Habits to Drive China’s Household Care Industry

Date: 13, April 2021 | Category: Chemicals

China’s household care market is forecasted to reach US$26.96 billion in 2025, representing growth at a CAGR of 8.42% for the period spanning from 2021-2025. The factors such as rapid urbanization, increasing personal disposable income, improvement in consumer confidence, changing lifestyle habits and growing preference of personalized soaps are expected to drive the market. However, gro ..

Rising Adoption of Cloud Computing to Drive the German IT Market

Date: 10, April 2021 | Category: Telecom & IT

The German IT market is expected to record a value of US$129.0 billion in 2025, growing at a CAGR of 3.09%, for the time period of 2021-2025. The factors such as growth in cloud computing services, upsurge in information and communication technology (ICT) security, escalating demand for big data, growing penetration of internet, growth in number software and IT services companies and rapid urba ..

Mounting Penetration of Internet Users Support the South Korea E-Commerce Market

Date: 8, April 2021 | Category: Telecom & IT

South Korea’s e-commerce market is predicted to reach US$325.12 billion in 2025, progressing at a CAGR of 19.92%, over the period 2021-2025. The factors such as mounting penetration of internet users, introduction of AI in retail, expanding urbanization, escalating trend of online advertising and growing usage of smartphones would drive the growth of the market. However, the market growth wou ..

Rise in Demand for Ultra-Low Temperature Freezers Supports Helium Market

Date: 25, March 2021 | Category: Energy & Utilities

The global helium market is forecasted to reach US$18.18 billion in 2025, growing at a CAGR of 11.15% during the period 2021 to 2025. Growth in the global helium market was supported by various factors such as an increase in laparoscopy procedure volumes and growing demand for consumer electronics. The market is anticipated to face certain trends such as escalating demand for party balloons and ..

Growing Focus on Lighter Feedstock to Drive Global Benzene Market

Date: 23, March 2021 | Category: Chemicals

The global benzene market is forecasted to reach US$105.75 billion in 2025, growing at a CAGR of 3.9% for the period spanning 2021-2025. The factors such as growing oil and gas exploration activities, escalating construction expenditure, high demand for polyester fiber, accelerating household cleaning products consumption and rapid urbanization are expected to drive the market. However, growth ..

Surging Prevalence of HIV Supports the Global LTBI Testing Market

Date: 19, March 2021 | Category: Pharma & Healthcare

The global latent tuberculosis infection (LTBI) testing market is estimated to reach US$2.20 billion in 2025, witnessing growth at a CAGR of 5.89% for the period spanning from 2021 to 2025. The factors such as increase in ageing population, rising awareness of tuberculosis, upsurge in cigarette consumption, urbanization leading to monitoring and screening procedures, surging prevalence of HIV a ..

Adoption of Renewable Sources of Energy to Support the Hydrogen Electrolyzer Market

Date: 18, March 2021 | Category: Energy & Utilities

The global hydrogen electrolyzer market is expected to reach US$406.6 million in 2024, growing at a CAGR of 6.57%, for the duration spanning 2021-2025. The market growth was driven by various factors like increasing global carbon emissions, growing production of low-carbon hydrogen, increasing production of ammonia, increasing demand for margarine, increasing production capacity of menthol and ..

Expanding OTT Platform Subscriptions Support the Global 5G Smartphone Market

Date: 16, March 2021 | Category: Computer & Electronics

The global 5G smartphone market is predicted to reach US$823.93 billion in 2025, progressing at a CAGR of 124.89%, over the period 2021-2025. The factors such as growing population, increasing usage of mobile devices, surging integration of AR technology, expanding over-the-top (OTT) platform subscriptions, mounting penetration of internet users and upsurge in number of eSports audience would d ..

Technological Innovations to Drive Global Sauna and Spa Industry

Date: 3, March 2021 | Category: Others

The global sauna and spa market value is forecasted to reach US$4.65 billion in 2025, growing at a CAGR of 5.38% for the period spanning from 2021 to 2025. 

Factors such as inclining geriatric population, increasing US infrared sauna industry, rapid urbanization, improving consumer confidence index and escalating construction expenditure are expected to drive the market growth. Howev ..

Opportunities for International Beauty Brands to Support the Chinese Cosmetic Market

Date: 3, March 2021 | Category: Consumer & Retail

The Chinese cosmetics market is expected to record a value of US$87.64 billion in 2025, increasing at a CAGR of 6%, for the duration spanning 2021-2025. The factor such as growing female population, upsurge in organic cosmetics demand, escalating number of social media users, rapid urbanization and strong brand awareness among young consumers would drive the growth of the market. However, the m ..