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Showing posts from January, 2023

Tracheostomy Products Market Worth $278.8 Million By 2030

Tracheostomy Products Industry Overview The global tracheostomy products market size was valued at USD 193.8 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% over the forecast period from 2022 to 2030 owing to the growth in the incidence rate of chronic respiratory disorders like Cardiovascular Diseases (CVDs), diabetes, respiratory diseases, cancer, and other respiratory injuries. In addition, the increasing demand for tracheostomy accessories to support the growing number of surgeries performed worldwide keeps rising. COPD is one of the world’s major causes of mortality. As per the WHO, COPD affected over 251 million people globally in 2016. Gather more insights about the market drivers, restrains and growth of the Global Tracheostomy Products Market The rising frequency of tobacco smoking and poor air quality, particularly in middle-income nations, are key factors contributing to a rise in COPD prevalence, resulting in an increased dem...

Hair Color Market Worth $34.13 Billion By 2028 | CAGR: 5.7%

Hair Color Industry Overview The global hair color market size was valued at USD 23.15 billion in 2021 and is anticipated to register a CAGR of 5.7% from 2022 to 2028.  The substantial growth in the popularity of hair coloring coupled with the rise in the aging population across the globe is one of the major factors that will propel the market growth during the forecast period. Along with that, the rising fashion trends and significant product innovation in product formulation and formats further contribute to the growth of the market. However, the side effects of regular usage of hair dye are further projected to restrain the market growth during the forecast period. Gather more insights about the market drivers, restrains and growth of the Global Hair Color Market Moreover, rising brand recognition and influence of hair coloring products through social platforms are further projected to propel the market growth during the forecast period. The increasing awareness regarding t...

Dermatological Drugs Market Size Worth $34.9 Billion By 2028

Dermatological Drugs Industry Overview The global dermatological drugs market size was valued at USD 17.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.8% from 2022 to 2028.  The key factors driving the global dermatological drug market are parasites, fungus, and other microorganisms living on the skin; bacteria trapped in skin pores and hair follicles; holding in various fluids; preventing dehydration, and increasing pollution levels. Moreover, growing awareness of skin diseases and increasing demand for rapid diagnosis, are also contributing to the growth of the dermatological drugs market. Increasing demand for innovative drugs & growing R&D investments in developing new drugs will contribute to the market revenue. Gather more insights about the market drivers, restrains and growth of the Global Dermatological Drugs Market During the COVID-19 pandemic and lockdown situation, the governments of various countries restricted ph...

Breast Pads Market Worth $119.8 Million By 2030 | CAGR: 4.1%

Breast Pads Industry Overview The global breast pads market size was valued at USD 84.04 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030.  An increase in women’s employment is expected to be a high-impact rendering driver in the market. Working women have a relatively high disposable income and less time to breastfeed their babies, and thus, are ideal customers for breast pads and related accessories.   Growing consumer awareness and supportive government initiatives are anticipated to propel the global demand for breast pads. The box comprises items such as newborn clothes, nursing pads, thermometer, and nappies. Moreover, the governments of various countries are encouraging mothers to breastfeed babies up to the age of 6 months. Additionally, many international agencies are arranging campaigns to raise awareness regarding breastfeeding. Thus, the rising awareness and the introduction of easy-to-use and conv...

Rice Market Size Worth $334.24 Billion By 2028 | CAGR: 2.2%

Rice Industry Overview The global rice market size was valued at USD 287.45 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 2.2% from 2022 to 2028.  The expanding food and restaurant sector worldwide is expected to promote market growth in the coming years. Rice is the staple food of more than half of the world's population; Asia Pacific is the largest consumer of the product, which has led to significant market growth. Moreover, continuous developments in rice mill machinery globally and attractive packaging increases the product demand in emerging economies. Gather more insights about the market drivers, restrains and growth of the Global Rice Market The growing demand for specialty rice varieties has increased the trade for long grain rice, which in turn is driving the market growth. Furthermore, continuously changing lifestyles and food habits among consumers are accelerating the fast-food industry market, which is subsequently ex...

Alternative Financing Market Size Worth $10.18 Billion By 2028

Alternative Financing Industry Overview The global alternative financing market size was valued at USD 6.62 billion in 2021 and is anticipated to increase at a CAGR of 6.3% from 2022 to 2028.  Easy access to capital in comparison with traditional funding is the key driver for the market. Moreover, increasing acceptance of alternative finance instruments, the convenience of the financing services, and the cost saved by the consumers are driving the market. The COVID-19 outbreak positively impacted the market. All over the world, small businesses have been hit very hard by the influence of the COVID-19 pandemic. To overcome this crisis, businesspersons and investors shifted to alternative financing to pursue funding and to invest, correspondingly, while staying safe from the COVID-19. Gather more insights about the market drivers, restrains and growth of the Global Alternative Financing Market Alternative financing refers to financial products and services that are mainly develo...

Organic Baby Food Market Size Worth $6.34 Billion By 2028

Organic Baby Food Industry Overview The global organic baby food market size was valued at USD 3.53 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.7% from 2022 to 2028.  The growing organic food and beverages industry and increasing spending on baby food products are expected to promote market growth over the forecast period. The rising parental concerns over the baby’s health and nutrition in developing and developed countries are major driving factors in the market over the last few years. Moreover, the increasing awareness about the benefits of organic food products among consumers is propelling market growth. Gather more insights about the market drivers, restrains and growth of the Global Organic Baby Food Market The increasing demand for organic packaged food like ready-to-eat is anticipating the growth of the global market. In addition to this, the rising population of working women globally has projected the growth of the m...