All Blogs

Internet of Things (IoT) in Household Appliances to Boost the Market

Date: 27, November 2020 | Category: Computer & Electronics

The global small household appliances market is forecasted to reach US$159.49 billion in 2024, growing from US$115.30 billion in 2020. The market is predicted to grow at a CAGR of 8.45% during the period spanning 2020-2024. The growth in the global small household appliances market was driven by various factors like increasing global population, surging GDP per capita, rising internet penetrati ..

Rising Popularity of Electric Vehicles Would Drive Global Nickel Market

Date: 24, November 2020 | Category: Metal & Mining

The global nickel production volume is estimated to reach 2.76 million tons in 2024, growing at a CAGR of 2.92% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, rising demand for stainless steel, increasing demand for nickel in batteries and high demand in transportation sector are expected to drive the market. However, growth of the indust ..

Contact Lens Users Driving the Global Dry Eye Disease Market

Date: 20, November 2020 | Category: Pharma & Healthcare

The global dry eye disease market is predicted to reach US$4.28 billion in 2024, witnessing growth at a CAGR of 5.23%, over the period 2020-2024. The factors such as increasing geriatric population, growing burden of diabetes, rising healthcare expenditure, surging prevalence of arthritis and upswing in air pollution are expected to drive the market. A few notable trends include the emerging nu ..

Rising Consumption of OTC Medicnies for Management of COVID Symptoms to Drive CCA Treatment Market

Date: 17, November 2020 | Category: Pharma & Healthcare

The global cough, cold & allergy (CCA) treatment market is expected to reach US$35.36 billion in 2024, growing at a CAGR of 3.90%, for the duration spanning 2020-2024. The factors such as rising demand for over-the-counter (OTC) medicines, upswing in air pollution, growth in the geriatric population, increasing pharmaceutical R&D spending, rising prevalence of asthma and upsurge in heal ..

Emergence of Cocktail Culture to Drive French Spirits Market

Date: 14, November 2020 | Category: Food & Beverage

France spirits market is forecasted to reach US$7.96 billion in 2024, growing at a CAGR of 3.12% for the period spanning 2020-2024. The factors such as rapid urbanization, increasing income, accelerating online spirits sales and peer influence on youngsters are expected to drive the market. However, growth of the industry would be challenged by high competitive pressure and retail consolidation ..

Escalating E-Reader Population Boosted E-Paper Display Market Growth

Date: 11, November 2020 | Category: Computer & Electronics

The global electronic paper display market is anticipated to grow at a CAGR of 23.05% during the period spanning 2020-2024. The market is forecasted to be valued at US$5.02 billion in 2024. Growth in the electronic paper display market was driven by several factors like increasing internet users, surging deforestation, rising e-reader population and increasing air transportation volume. The mar ..

Rising Sales of Packaged Food Support the Global Industrial Gases Market

Date: 11, November 2020 | Category: Energy & Utilities

The global industrial gases market is predicted to reach US$105.93 billion in 2024, witnessing growth at a CAGR of 6.48% over the period 2020-2024. The factors such as rising healthcare expenditure, accelerating sales of packaged food, growing base of geriatric population, expansion of refinery capacities, surging demand in the automotive sector and expanding urbanization would drive the growth ..

Increasing Use of DTH and VOD Services Strengthens Demand for Satellite Industry

Date: 6, November 2020 | Category: Telecom & IT

The global satellite industry is expected to reach US$508.0 billion in 2024, at a CAGR of 6.51%, for the duration spanning 2020-2024. Factors such as growing number of active satellites, rising penetration of pay TV, expanding coverage of 4G connectivity, increasing usage of the internet, and rapid urbanization would drive the growth of the market. However, the market growth would be challenged ..

Cocktail Culture Drives the Demand for Tequila Market in the United States

Date: 6, November 2020 | Category: Food & Beverage

The U.S. tequila market is estimated to reach US$4.74 billion in 2024, growing at a CAGR of 5.06% for the period spanning from 2020 to 2024. The factors such as improvement in economic condition, growing hispanic population, increasing urban population, rising female population are expected to drive the market. However, growth of the industry will be challenged by increasing cannabis consumptio ..

Expansion of Primary Aluminum Smelter Capacity to Drive Global Aluminum Market

Date: 30, October 2020 | Category: Metal & Mining

The global aluminum market is forecasted to reach US$176.96 billion in 2024, growing at a CAGR of 4.82% for the period spanning 2020-2024. The factors such as accelerating industrialization, rapid urbanization, increased flat-rolled aluminum products demand, high focus on recycled aluminum and expansion of primary aluminum smelter capacity are expected to drive the market. However, growth ..