The global banknote market is estimated to reach US$15.03 billion in 2024, growing at a CAGR of 2.72% for the period spanning from 2019 to 2024. 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 ..
The global shipbuilding new orders reached 42.74 million GT in 2019. The factors such as increasing sea-borne trade, accelerating economic growth, growing energy consumption and rising demand of eco-friendly ships are expected to drive the market. However, growth of the industry would be challenged by the environmental regulations, risk of cyber breaches and trade wars. A few notable ..
European glass packaging market is predicted to reach US$19.0 billion in 2024, witnessing growth at a CAGR of 4.89% during the period spanning 2020-2024. The market growth was driven by various factors like increasing demand for alcoholic and non-alcoholic beverages, rising beer production in Europe, growing wine trade and increasing recycling rate of glass packaging. The market is expected to ..
The global recruitment market is expected to record a value of US$542.0 billion in 2024, growing at a CAGR of 2.01%, for the duration of 2020-2024. The factors such as, rising volume of mergers & acquisitions, declining rate of unemployment, growth of industrial production, increasing use of mobile platforms, acceleration in online recruitment process, are expected to drive the growth of th ..
Remittance is referred to as the money sent by immigrants to their families residing in their native countries. This market plays a vital role in the economic growth and livelihoods of people across the world. Remittance inflows in developing countries make a notable share in their GDPs. Remittance market is completely dependent on the migrated population living across the world.
The glob ..
The global BOPET film market is expected to record a value of US$24.84 billion in 2024, growing at a CAGR of 6.83%, during 2020-2024. The factors such as rising demand for plastic packaging, accelerating manufacturing of e ..
The global palm oil production volume is anticipated to reach 98.82 million metric tons in 2024, growing at a CAGR of 5.9%, for the period spanning from 2019 to 2024. The factors such as increasin ..
The global machine vision market is expected to reach US$13.36 billion in 2024, witnessing growth at a CAGR of 6.51%, over the period 2020-2024. Factors such as surging urbanization, rising automotive production, increasin ..
The U.S. education market is estimated to reach US$1.82 trillion in 2023, growing at a CAGR of 3% for the period spanning from 2019 to 2024. The factors such as increasing mergers and acquisitions, rising labor force parti ..
The global transcatheter aortic valve replacement (TAVR) market is anticipated to reach US$7.78 billion in 2024, growing at a CAGR of 12.72% during the period spanning 2020-2024. The market growth was supported by various ..