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Rising Digital Out-of-Home Ad Spending Supports Outdoor Advertising Market

Date: 20, November 2021 | Category: Media & Entertainment

The global outdoor advertising market value is forecasted to reach US$58.80 billion in 2025, growing at a CAGR of 12.26%, for the period spanning from 2021 to 2025. The factors such as booming tourism industry, growing programmatic digital display Ad spending, increasing urban populace, accelerating economic growth and improving consumer confidence are expected to drive the market. However, gro ..

Asia- Pacific is the fastest growing Coffee Market across the World

Date: 16, November 2021 | Category: Food & Beverage

The global coffee market is anticipated to reach US$144.68 billion in 2025, growing at a CAGR of 7.60% for the period spanning 2021-2025. Factors such as increasing out of home coffee consuming population, rapid urbanization, rising e-commerce retail sales, increase in Gen Z income, increasing instant coffee preference, growing demand for specialty coffee and increasing gree ..

Rising Population, with high proportion of expatriates, supports the GCC Food Market

Date: 10, November 2021 | Category: Food & Beverage

GCC food market by consumption is forecasted to reach 51.28 million MT in 2025, experiencing growth at a CAGR of 3.15% during the period spanning from 2021 to 2025. Growth in the GCC food market was due to the rising population, increasing awareness of healthy eating habits and increasing food consumption. However, the market growth would be challenged by increasing food prices, unfavorable cli ..

Rising Adoption of Precision Farming Supports the Global Agrochemicals Market

Date: 9, November 2021 | Category: Agriculture

The global agrochemicals market is expected to reach US$305.71 billion in 2025, progressing at a CAGR of 3.98%, over the period 2021-2025. Growth in the agrochemicals market has accrued due to rising demand of food supplies across the globe, expanding railway network, growing deficit in arable lands, escalating animal husbandry sector and surging sales of mineral fertilizers. The market is anti ..

Growth in Construction to Support the Specialty Chemicals Market in Asia

Date: 29, October 2021 | Category: Chemicals

Asian specialty chemicals market is expected to reach US$424.51 billion in 2025, rising at a CAGR of 7.75%, for the period of 2021-2025. Factors such as rise in construction industry, growth in oil refining activities, growing cosmetic industry and recovering economic growth would drive the market value during the forecasted period. However, the market growth would be challenged by price instab ..

Rising global population is the driving force of banknote market

Date: 26, October 2021 | Category: Financial Services

The global banknote market is estimated to reach US$15.65 billion in 2025, growing at a CAGR of 4.09% for the period spanning from 2021 to 2025. The factors such as increasing number of ATMs globally and rising population are expected to drive the market. However, growth of the industry will be challenged by counterfeiting of banknotes and rapid growth of electronic payments. A few notable tren ..

Rising Automobile Sector is the Driving Force of the US Steel Market

Date: 23, October 2021 | Category: Metal & Mining

The US crude steel market is forecasted to reach US$112.69 billion in 2025, experiencing growth at a CAGR of 8.62% during the period spanning from 2021 to 2025. Growth in the US crude steel market has been supported by factors such as booming automobile industry and accelerating urban population. The United States-Mexico-Canada Agreement (USMCA) is likely to have a positive impact on US crude s ..

Accelerating Generation of E-Waste Supports the Korean Waste Management Market

Date: 22, October 2021 | Category: Energy & Utilities

Korean waste management market is expected to record a value of US$25.74 billion in 2025, growing at a CAGR of 6.23% for the period spanning 2021-2025. Factors such as growing population, increasing number of construction projects, accelerating generation of e-waste and expanding urbanization would drive the growth of the market. However, the market growth would be challenged by decreasing ..

Increase in Youth Population Supports the Asian Cigarette Market

Date: 12, October 2021 | Category: Others

Asian cigarette market is forecasted to reach US$617.40 billion in 2025, experiencing growth at a CAGR of 5.61% during the period spanning from 2021 to 2025. Growth in the Asian cigarette market by value was due to increase in youth population, increase in female smokers and the increase in the stress level experienced by the people encouraging more people to smoke, inflation and the incre ..

Launch of New Devices Likely to Support Endoscopy Market Growth

Date: 11, October 2021 | Category: Pharma & Healthcare

The global endoscopy market is predicted to reach US$45.28 billion in 2025, growing, at a CAGR of 7.50%, for the duration spanning 2021-2025. The factors such as rising healthcare expenditure, growing occurrence of chronic diseases, rising obese population and increasing elderly population are expected to drive the market growth. However, the market growth would be challenged by associated pati ..