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Rising Inclination towards Home Repair and Remodeling Supports the Wood Products Market

Date: 27, June 2021 | Category: Others

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 ..

Development of Smart Cities Supports the Global Elevator & Escalator Market

Date: 9, May 2021 | Category: Others

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, ..

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 ..

Surging Cigarette Consumption Boosted the Global Specialty Cellulose Market

Date: 28, January 2021 | Category: Others

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 ..

Growing Inclination Towards Healthy Lifestyle to Drive Health & Fitness Club Market

Date: 16, December 2020 | Category: Others

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 ..

Rising Education Expenditure Boosts the Global Stationery Market Growth

Date: 15, December 2020 | Category: Others

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 ..

Inclination Towards Online Games Would Drive Gaming Market in France

Date: 17, October 2020 | Category: Others

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 ..

Increasing Geriatric Population Supports the US Cannabidiol Market

Date: 12, October 2020 | Category: Others

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 ..

Robust Growth in Demand of Vapor Devices to Drive E-Cigarette Market

Date: 28, September 2020 | Category: Others

The global e-cigarette market is forecasted to reach US$76.82 billion in 2024, growing at a CAGR of 18.51% for the period spanning 2020-2024. The factors such as increasing working population, rising market share of e-cigarettes, decreasing cigarette consumption, shift towards next generation products, mounting-up prices of tobacco cigarettes and peer influence on youngsters are expected to dri ..

Demand for Material Processing Driving Global Industrial Laser Market

Date: 28, August 2020 | Category: Others

The global industrial laser market is estimated to reach US$7.97 billion in 2024, growing at a CAGR of 12.8% for the period spanning from 2020 to 2024. The factors such as upsurge in industrialization and economic growth, growing urban population, rise in industrial revolution, rise in adoption of fiber laser technology and flexibility and time-efficiency properties of laser systems are expecte ..