All Blogs

Escalating Sales of Analgesic Drugs Supports the Global Ibuprofen Market

Date: 21, December 2020 | Category: Pharma & Healthcare

The global ibuprofen market is projected to reach US$7.54 billion in 2024, progressing at a CAGR of 2.47%, over the period 2020-2024. The factors such as upsurge in healthcare expenditure, rising prevalence of arthritis, surging incidence of cancer cases, expanding urbanization and escalating sales of analgesic drugs would drive the growth of the market. However, the market growth would be chal ..

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 ..

Advancement in API Synthesis to Drive Global API Market

Date: 16, December 2020 | Category: Pharma & Healthcare

The global API market is forecasted to reach US$270.83 billion in 2024, growing at a CAGR of 6.5% for the period spanning 2020-2024. The factors such as increasing ageing population, rising healthcare expenditure per capita, growing cancer patients, inclining orphan drugs industry and accelerating outsourcing of API drugs are expected to drive the market. However, growth of the industry would b ..

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 ..

Growing Demand for Green Elecricity Leads to Increase in Offshore Wind Installation

Date: 14, December 2020 | Category: Energy & Utilities

The global offshore wind market is expected to record a value of US$51.75 billion in 2024, increasing at a CAGR of 14.21%, for the duration spanning 2020-2024. The factors such as rising penetration of offshore wind power, growing electricity demand, improvement in capacity factor, rising renewable energy consumption and escalating number of offshore wind farms would drive the growth of the mar ..

Construction Sector Supports the Global Specialty Chemicals Market

Date: 8, December 2020 | Category: Chemicals

The global specialty chemicals market is predicted to reach US$900.51 billion in 2024, progressing at a CAGR of 6.40%, over the period 2020-2024. The factors such as growing population, expansion of oil drilling & refinery capacities, accelerating sales of packaged food, expanding urbanization and surging consumption in the automotive sector would drive the growth of the market. However, th ..

Immunity Boosting Food Products to Drive Growth of Health Food Market

Date: 1, December 2020 | Category: Food & Beverage

The global health food market is expected to reach US$557.6 billion in 2024, increasing at a CAGR of 7.15%, for the duration spanning 2020-2024. The factors such as increasing sales of organic food, rising consumption of vegetable oils, growth in geriatric population, rising problem of undernourishment, rapid urbanization and increasing consumers’ demand for transparency would drive the growt ..

Accelerating Penetration of Online Advertising Supports China Used Car Market

Date: 1, December 2020 | Category: Automotive

China used car market is predicted to reach US$162.54 billion in 2024, witnessing growth at a CAGR of 3.21% over the period 2020-2024. The factors such as increasing car ownership, rising disposable income, accelerating penetration of online advertising, expanding urbanization and escalating demand for affordable used cars would drive the growth of the market. However, the market growth would b ..

Increasing Spending on Eyewear Products to Drive Global Contact Lens Market

Date: 30, November 2020 | Category: Pharma & Healthcare

The global contact lens market is forecasted to reach US$9.92 billion in 2024, growing at a CAGR of 7% for the period spanning 2020-2024. The factors such as increasing spending on eyewear products by population, rising prevalence of myopia, rapid urbanization, improving consumer confidence index and accelerating personal disposable income are expected to drive the market. However, growth of th ..

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 ..