Europe used car market is predicted to reach US$1,025.2 billion in 2026, progressing at a CAGR of 5.27%, over the period 2022-2026. Factors such as growing population, increasing car ownership, expanding urbanization, mounting penetration of internet and high depreciation rate of new cars would drive the growth of the market. However, the market growth would be challenged by fluctuating prices ..
The European steel market is expected to reach US$99.4 billion in 2026, at a negative CAGR of 3.03%, for the duration spanning 2022-2026. The factors such as growth in automotive production, rising use of major home appliances, Upsurge in construction & heavy equipment sales, accelerating demand for finished steel products. and rapid urbanization would generate the market value. However, ri ..
Europe online fashion market is forecasted to reach US$162.23 billion in 2026, experiencing growth at a CAGR of 10% for the period spanning 2022-2026. 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. However, t ..
The China grocery market is forecasted to reach US$1.99 trillion in 2026, experiencing growth at a CAGR of 5.12% for the period spanning 2022-2026. 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 restrained by regulat ..
The global chemicals market is expected to record a value of US$6.58 trillion in 2026, recording growth at a CAGR of 7.38%, for the time period of 2022-2026. 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 Asia-Pacific palm oil market is forecasted to reach US$41.38 billion in 2026, experiencing growth at a CAGR of 6.00%, over the period 2022-2026. 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 challenged by g ..
The ASEAN home improvement market is forecasted to reach US$11.80 billion in 2026, experiencing growth at a CAGR of 9.23% for the period spanning 2022-2026. 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 penetration and incr ..
The ASEAN medical diagnostics market is anticipated to reach US$14.53 billion in 2026, witnessing growth at a CAGR of 12.60%, over the period 2022-2026. 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 U.S. furniture market is expected to record a value of US$288.9 billion in 2026, growing at a CAGR of 4.47%, for the time period of 2022-2026. Factors such as surge in number of housing units, growth in millennial population, rising consumer spending on furniture, escalating penetration of social media and rapid urbanization would drive the growth of the market. However, the market growth w ..
The global toys and games market is expected to record a value of US$141.16 billion by 2026, witnessing growth at a CAGR of 5.40%, over the period 2022-2026. Growth in the toys and games market has accrued due to an upsurge in kids population, inflating disposable income levels, mounting obesity rates among children, urging proliferation of toy subscription services and increasing commercializa ..