by on April 23, 2024
The massage therapy service market is estimated to be valued at US$ 65.23 billion in 2024. The massage therapy services are predicted to rise at a promising CAGR of 8.4% from 2024 to 2034. The global market is anticipated to reach US$ 146.13 billion by 2034. Due to mental tiredness and stress caused by frantic lifestyles, consumers spend more money on soothing and rejuvenating services such as massage and spas. An increasing desire for revitalizing and soothing therapies to purify the system ...
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by on April 23, 2024
In 2024, the Philippines tourist market is projected to be worth US$ 12.30 billion. By 2034, the industry is expected to be valued at more than US$ 34.47 billion. With a CAGR of 10.80%, the sector is expected to rise at an outstanding rate through 2034. The main drivers of tourism sales in the Philippines are online platforms, travel agents, and tourism boards’ advertising campaigns. There are some spectacular volcano climbs in Bicol (Mount Mayon and Mount Isarog, for example), and dozens of ...
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by on April 22, 2024
The revised industry study report projects that the global market for sustainable tourism will be valued at US$ 1,511,465.9 million in 2024. As a result, it is anticipated that the parent market (the travel and tourist industry) will hold a 2% to 5% share of the global sustainable tourism business. The demand for sustainable tourism services is predicted to expand at a compound annual growth rate (CAGR) of 23.8% globally between 2024 and 2034. It is projected that by 2034, the net revenue deriv...
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by on April 22, 2024
The plus size clothing market is projected to register a CAGR of 5.7% during the forecast period. The plus size clothing market is valued at US$ 288 billion in 2023 and is projected to reach US$ 501.35 billion by 2033. The plus-size clothing market is experiencing robust growth, driven by several key factors: Rising Body Positivity: This movement, advocating for the acceptance and celebration of all body types, has empowered individuals to embrace their unique styles and demand fashionable...
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by on April 22, 2024
The maternity apparel market is valued at US$ 26.05 billion in 2024 and is expected to reach US$ 50.51 billion by 2034. The market is projected to exhibit a CAGR of 6.80% over the forecast period. For instance, Zara just unveiled its first line of maternity wear, which includes about 25 items specifically designed for pregnant women. These items include jeans, sweaters, knit dresses, and overalls. Numerous such advances are anticipated to increase demand for maternity clothing. Request a S...
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by on April 19, 2024
The wine cooler market is estimated to reach US$ 2,790.1 million in 2023. Sales of wine coolers are expected to total US$ 4,996.6 million by 2033. The adoption of wine coolers is likely to advance at a CAGR of 6% from 2023 to 2033. Furthermore, a recent Future Market Insights (FMI) analysis reveals that the market is growing due to an increase in product launches brought about by technical advancements. Features like improved use and visual appeal have helped the wine cooler market expand. Th...
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by on April 18, 2024
By 2034, the size of the worldwide wildlife tourism market is expected to reach US$ 2,45,298.4 million. Based on projections, the market is expected to grow at a compound annual growth rate of 5.20% until 2034. The industry for wildlife tourism is expected to be worth US$ 1,47,753.3 million in 2024. Wildlife tourism – or observing wild animals in their own habitat – is a critical part of the tourism industry in Australia, America, Africa, Canada, Indonesia, Maldives and Sri Lanka. Wildlife...
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by on April 18, 2024
The smart kitchen appliances market is estimated to be US$ 1,450.8 million in 2023. By 2033, the smart kitchen appliances market is projected to reach US$ 3,280.1 million. With improvements in lifestyles worldwide as a result of increased disposal income, individuals are on the lookout for housing changes. Smart homes have also led to the resurrection of interest in kitchens. We can have smart kitchens with the use of intelligent home appliances. As such, smart kitchen appliances are in high ...
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by on April 18, 2024
In 2023, the wall décor market is valued at US$ 60.15 billion, with a projected compound annual growth rate (CAGR) of 3.5% expected to drive adoption through 2033. This growth trajectory indicates a steady increase in demand for wall décor solutions, driven by factors such as evolving interior design trends, increasing urbanization, and a growing focus on personalized living spaces. As consumers seek to enhance the aesthetic appeal of their homes and commercial spaces, the market for wall décor ...
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by on April 17, 2024
According to Future Market Insights, the global market for camping and caravanning is projected to grow at a CAGR of 7.6% between 2020 and 2030. Most nations, including the Philippines, India, Thailand, Brazil, and the United Arab Emirates, are now making significant investments in their airports to enhance arrival and departure facilities for a high volume of tourists. Moreover, players in these countries focus on the restoration of heritage and camping sites, as well as infrastructure. Addi...
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by on April 17, 2024
The global laundry care industry is expected to be worth almost US$ 98.2 billion in 2022.  It is thus expected to have produced US$ 180.3 billion by 2033, with a 5.7% CAGR from 2023 to 2033. The growing demand for laundry care products as a result of the expanding population in emerging nations is the primary driver driving the global market’s expansion. The laundry care products market which comprise of detergents along with fabric conditioners is propelled by the consistently increasing nee...
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by on April 16, 2024
The stuffed and plush toy market share is estimated to exhibit healthy growth throughout the forecast period, expanding at a CAGR of 7.3%. The market size is expected to expand from US$ 10,543.9 million in 2024 to US$ 21,243.6 million by 2034. The fact that people now prefer purchasing stuffed or plush toys for leisure and many other purposes because of increased attention to the vintage cartoon and anime characters will help a lot in boosting this market. Many children in the world belong to...
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