All Blogs

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 ..

The global e-cigarette market is expected to reach US$84.43 billion in 2025, progressing at a CAGR of 17.65%, over the period 2021-2025. Growth in the e-cigarette market has accrued due to the changing consumer perception towards combustible cigarettes, upsurge in working population, decline in consumption of cigarettes, mounting-up prices of tobacco cigarettes and peer influence on youngsters. ..

The North America wood products market is forecasted to reach US$229.27 billion by 2025, witnessing growth at a CAGR of 6.75%, over the period 2021-2025. The factors such as growing population, escalating new residential construction, high availability of forest reserves, surging demand for wooden furniture in offices and rising inclination of population towards home repair and remodeling would ..

The global elevator & escalator (E&E) market is forecasted to record a value of US$154.91 billion in 2025, progressing at a CAGR of 7.15% during the period spanning 2021-2025. The factors such as rising urbanization, upswing in digitalization, increasing geriatric population, growing construction activities and ageing E&E installed base would drive the growth of the market. However, ..

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 ..

The global specialty cellulose market is anticipated to reach US$2.26 billion in 2024, growing at a CAGR of 3.36% during the period spanning from 2020 to 2024. The global specialty cellulose market demand is predicted to grow at a CAGR of 3.46% during the period spanning from 2020 to 2024 and reach 1.73 million tonnes in 2024. Factors such as increasing cigarette consumption, surging global pop ..

The global health and fitness club market is estimated to reach US$96.6 billion in 2024, growing at a CAGR of 7.70% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, growing urban population, increasing obesity, rising fitness clubs and gym, inclination towards health clubs for fitness are expected to drive the market. However, growth of the ..

The global stationery market is forecasted to record growth at a CAGR of 9.50% during the period spanning 2020-2024. The market in 2024 is anticipated to be valued at US$148.83 billion. Growth in the global stationery market was driven by several factors like rising literacy rate, growing number of internet users and increasing education expenditure. The market growth is expected to face detrim ..

French gaming market is estimated to reach US$13.16 billion in 2024, growing at a CAGR of 2.29% for the period spanning from 2020 to 2024. The factors such as rising number of smartphone users, increasing demand for internet of things, strong mobile gaming growth, and growth of sports events and growing online sports betting are expected to drive the market. However, growth of the industry will ..

The U.S. cannabidiol market is estimated to reach US$13.39 billion in 2024, growing at a CAGR of 42.36% for the period spanning 2020-2024. The growth of the market has been driven by a growing incidence of Alzheimer’s disease, upsurge in healthcare expenditure, rising depression rate, increasing geriatric population, mounting online retail sales and expanding urbanization. However, growth of ..