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Showing posts from February, 2023

Personal Protective Equipment Industry Forecast To Grow USD 91.55 Billion 2021

  Personal Protective Equipment Industry Data Book Covers Hand Protection Equipment, Fall Protection and Respiratory Protection Equipment Markets. The economic value generated by the  personal protection equipment industry  was estimated at approximately USD 91.55 billion in 2021.  Hand Protection Equipment Market Report Highlights The global hand protection equipment market size was estimated at USD 29.6 billion in 2021, and it is anticipated to reach USD 37.8 billion by 2030, expanding at a CAGR of 5.9% from 2022 to 2030. The durable gloves segment accounted for the maximum shareof the global revenue in 2021 owing to the wide-scale usage of durable gloves in the manufacturing industry as they offer protectionagainst injuries arising from cuts, burns, and chemicals The healthcare segment accounted for the highest revenue share in 2021 on account of government regulations urging industries & governments to increase the production of hand protection equipment Hand...

Textile Industry Forecast To Grow USD 1.7 Trillion 2022

  Textile Industry Data Book Covers Household Textile, Technical Textile and Fashion Textile Markets. The economic value generated by the  textile industry  was estimated at approximately USD 1.7 trillion in 2022. Textile Market Report Highlights The global textile market size was valued at USD 1,695.14 billion in 2022, and it is anticipated to reach USD 1,420.3 billion by 2030, registering a CAGR of 7.8% CAGR (2022-2030). In 2021, the fashion application segment accounted for the maximum revenue share and is likely to ascend at a significant CAGR during the forecast period Rapidly changing fashion trends coupled with the demand for high-quality apparel in sports activities is likely to boost the segment growth In 2021, Asia Pacific emerged as the largest regional market owing to the presence of large raw material-producing countries, such as China, India, Australia, and Japan In North America, the revenue for the natural fibers product segment stood at USD 54.8 billion i...

Plastics Industry Forecast To Grow 307,966.70 Kilotons 2021

  Plastics Industry Data Book   Covers Plastic Resins, Plastic Additive, Plastic Compounds and Recycled Plastics Markets. The economic value generated by the industry was estimated at approximately 307,966.7 kilotons in 2021. Plastic Resins Market Report Highlights The global plastic resins market size was estimated at USD 731.25 billion in 2021, and it is expected to reach USD 1.07 trillion by 2030. It is projected to expand at a 3.2% CAGR (2022-2030). The global plastic resins market was valued at USD 731.25 billion in 2021 and is estimated to grow at a CAGR of 4.5% from 2022 to 2030 Crystalline resins (epoxy, polyethylene, and propylene) segment accounted for a prominent share in the market by the end of 2021 and is further expected to witness maximum growth over the forecast period As of 2021, China accounted for the maximum revenue share in the market, with 33.0%. Rising consumer disposable income in the country and ascending demand for luxury cars are expected to have a ...

Digital Health Industry Is Estimated To Expand Further At A CAGR Of 18.60% From 2022 To 2030

The global digital health industry size was valued at USD 211.0 billion in 2022 and will grow at a CAGR of 18.6% CAGR during the forecast period 2022-2030, according to the “ Digital Health Industry Data Book, 2022 – 2030 ,” published by Grand View Research. The need to foster accuracy and efficiency with innovation has propelled the demand for digital technologies and innovations. Soaring demand for remote patient monitoring using sensors, apps, wearables and apps has spurred the penetration of tele-healthcare and mHealth. For instance, artificial intelligence has garnered traction to assess a trove of data, make predictions and identify patterns.  The demand for telehealth has become pronounced to screen and engage patients remotely, leverage interventional physicians to explore virtual collaboration platforms and offer advice for self-management of health care. Additionally, tele-ultrasounds have emerged as a viable portfolio to provide instant reassurance to the patient using a...

Blood Glucose Meters Industry Is Estimated To Expand Further At A CAGR Of 7.30% From 2023 To 2030

  The global blood glucose meters industry size was valued at USD 15.80 billion in 2022 and will register a robust CAGR of around 7.3% from 2023 to 2030, according to the “ Blood Glucose Meters Industry Data Book, 2023-2030 ,”  published by Grand View Research. An unprecedented rise in the diabetic population has furthered the demand for technologies monitoring blood glucose. In November 2022, the Pan American Health Organization (PAHO) report claimed that around 62 million people live with diabetes in the Americas, which is forecast to reach 109 million by 2040. The trend for glucose monitoring devices and boosting the capacity for the early diagnosis of diabetes will encourage leading players to foster their penetration.  Blood glucose monitoring devices have witnessed increased traction across developing and developed countries, mainly due to the need to stay on track with blood sugar goals. The growth trajectory is primarily attributed to the trend for continuous gluc...

Micro Mobility Industry Is Estimated To Expand Further At A CAGR Of 13.90% From 2022 To 2030

The global micro mobility industry size garnered USD 21.43 billion in 2021 and it is expected to advance with CAGR of 13.9% during the forecast period 2022 to 2030, according to the “ Micro Mobility Industry Data Book, 2022-2030 ,” published by Grand View Research. A concerted effort to minimize congestion and emissions has spurred the demand for micro mobility, including electric bikes and electric kick scooters. In the wake of surging demand for bicycling facilities, stakeholders seek opportunities in micro mobility as an alternative mode for active transportation and short trips.  The global push to combat climate change has fostered the demand for micro mobility, which has emerged as an innovative urban mobility solution. Besides, an exponential rise in fuel prices and the desire to contribute towards sustainability have encouraged the use of micro mobility. End-users are expected to seek the vehicle for commuting, leisure activities and errand running. Potential opportunities ...

Electric Mobility Industry Is Estimated To Move Ahead At A Cagr Of 19.90% During 2023 To 2030

  Electric Mobility Industry Data Book Covers Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Markets. The global  Electric Mobility Industry  size was estimated at USD 101.67 billion in 2022. The market is expected to expand at a CAGR of 19.9% CAGR (2023-2030). Electric Three Wheeler Market Report Highlights The global electric three wheeler market size was valued at USD 1.28 billion in 2022, and it is expected to reach USD 1.57 billion by 2030 with a CAGR growth of 7.7% CAGR (2023-2030). The 1000 W to 1500 W segment has observed the highest market share in 2021 due to its affordable operational cost The growth of the electric three wheeler market is linked to the demand for both electric three wheeler passenger and  commercial vehicles  in developing countries owing to a surge in last-mile delivery and commute Government initiatives in the Asia Pacific region such as PLI and FAME scheme by the Indian Government have encouraged market growth Lithium-io...

Cosmetic Dental Products Industry Is Estimated To Move Ahead At A Cagr Of 7.40% During 2023 To 2030

  Cosmetic Dental Products Industry Data Book Covers Teeth Whitening, Dental Implants, Dental Crown & Bridges and Dental Veneers Markets. The global   cosmetic dental products industry  size was estimated at USD 21.0 billion in 2022. The market is expected to expand at a CAGR of 7.4% CAGR (2023-2030). Teeth Whitening Market Report Highlights The global teeth whitening market size was estimated at USD 7.2 billion in 2022, and it is anticipated to reach USD 10.6 billion by 2030. The market is expected to expand at a CAGR of 5.0% CAGR (2023-2030). By product, whitening toothpaste held the largest market share in 2021. The segment is expected to grow at a lucrative CAGR of over 5.3% from 2022 to 2030 Based on the distribution channel, the online segment is expected to grow with the highest CAGR over the forecast period, due to the increase in product launches on e-commerce and the availability of a variety of teeth whitening products North America is set to lead the marke...