The global chemicals market is expected to record a value of US$7.58 trillion in 2028, recording growth at a CAGR of 7.34%, for the time period of 2024-2028. Factors such as growing consumer base, increasing demand for plastics, surging consumption in the automotive industry, upswing in cosmetics manufacturing and expansion of oil drilling & refining activities would drive the growth of the ..
The China fresh grocery market is forecasted to reach US$1.12 trillion in 2028, experiencing growth at a CAGR of 4.76% during the period spanning from 2024 to 2028. Growth in the China fresh grocery market was supported by factors such as aging population, rising disposable income, growth in organic food market and rising adoption of e-commerce. However, the market growth is expected to be rest ..
Europe online fashion market is forecasted to reach US$198.77 billion in 2028, experiencing growth at a CAGR of 10% during the period spanning from 2024 to 2028. Growth in the Europe online fashion market was supported by factors rising internet users, increasing urban population, rising mobile web traffic, high adoption rate of e-commerce over retail outlets and snowballing social media users. ..
The Asia-Pacific palm oil market is forecasted to reach US$47.21 billion in 2028, experiencing growth at a CAGR of 6%, during the period spanning from 2024 to 2028. Growth in the Asia-Pacific palm oil market is supported by factors such as growing population, surging biofuel production, expanding cosmetics sector and escalating application in various markets. However, the market growth would be ..
The ASEAN medical diagnostics market is anticipated to reach US$18.42 billion in 2028, witnessing growth at a CAGR of 12.60%, over the period 2024-2028. The factors such as increasing geriatric population, escalating stress levels, hike in healthcare expenditure and expanding urbanization and surging prevalence of western type diseases in South East Asian countries would drive the growth of the ..
The ASEAN home improvement market is forecasted to reach US$14.20 billion in 2028, experiencing growth at a CAGR of 9.24% during the period spanning from 2024 to 2028. Growth in the ASEAN home improvement market was supported by factors such as increasing population in ASEAN countries, skyrocketing house prices, rapid urbanization and favorable demographic structure. Rising e-commerce penetrati ..
The U.S. digital health market is predicted to reach US$396.75 billion in 2028, progressing at a CAGR of 28.40%, over the period 2024-2028. The factors such as increasing geriatric population, growing usage of mobile devices, surging prevalence of arthritis, hike in healthcare expenditure, expanding urbanization and mounting penetration of internet users would drive the growth of the market. Ho ..
The global hydrogen market is expected to record a value of US$206.65 billion in 2028, progressing at a CAGR of 6.09%, over the period 2024-2028. The market experienced growth accruing to several factors such as rising consumption of agricultural fertilizers, escalating demand in metallurgical industries, mounting concerns regarding carbon emissions worldwide, surging demand for electricity gen ..
The global hydrogen electrolyzer market is expected to reach US$497.07 million in 2028, growing at a CAGR of 6.57%, for the duration spanning 2024-2028. The market growth was driven by various factors like increasing global carbon emissions, growing production of low-carbon hydrogen, increasing production of ammonia, increasing demand for margarine, increasing production capacity of menthol and ..
The U.S. automotive aftermarket is expected to record a value of US$494.01 billion in 2028, growing at a CAGR of 3.08%, for the duration spanning 2024-2028. The factors such as growth in automotive production, upsurge in used car sales, rising number of smartphone users, acceleration in electric vehicle sales and rapid urbanization would drive the growth of the market. However, the market growt ..