The lighting market has seen significant growth in recent years, reaching a valuation of approximately USD 128.76 billion in 2024. With a projected compound annual growth rate (CAGR) of 7.3% from 2025 to 2034, the market is poised to reach an estimated value of USD 242.71 billion by 2034. This article provides a comprehensive analysis of the lighting market, including its size, dynamics,...
The vacuum cleaner market has seen significant growth in recent years, driven by technological advancements, changing consumer preferences, and growing awareness of cleanliness and hygiene. The market size reached USD 29.09 billion in 2024 and is poised to continue expanding at a CAGR of 5.40% from 2025 to 2034. By 2034, it is expected to reach a value of USD 46.28 billion. This article...
The sorbic acid market is poised for steady growth, with an anticipated CAGR of 3% during the forecast period from 2024 to 2032. Sorbic acid, a naturally occurring organic compound widely used as a food preservative, is gaining prominence due to its versatility and efficacy in preventing microbial growth.
Overview of the Sorbic Acid Market
Sorbic acid is primarily employed in the food and...
The FRP cable tray market, valued at USD 510.84 million by 2032, is projected to grow at a compound annual growth rate (CAGR) of 7% between 2024 and 2032. This growth is fueled by increasing demand from industries such as construction, energy, and manufacturing, where durable and lightweight solutions are critical for cable management. This article explores the market’s overview, size,...
The flavoured milk market has witnessed significant growth, driven by changing consumer preferences toward healthier beverage options. The market value reached approximately USD 62.58 billion in 2024 and is projected to grow at a CAGR of 8.00% during the forecast period from 2025 to 2034, reaching a value of USD 135.11 billion by 2034. Innovations in packaging, particularly eco-friendly and...
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