Press releases

The global hangover rehydration supplements market size is projected to reach USD 3.0 billion by 2025 and expected to grow at a CAGR of 15.0% during the forecast period, according to Million Insights, from 2019 to 2025. Increasing consumption of alcohol among the young generation has majorly driven the market growth.

The global aerospace & defense maintenance, repair & overhaul market size is anticipated to reach USD 161.60 billion until 2025. It is anticipated to register growth with 5.4% CAGR during the forecasted period, 2019 to 2025. This growth can be associated with increasing air traffic along with need for regular maintenance of aircrafts.

The global workplace transformation market size is projected to touch USD 41.5 billion by 2027, according to a new report by Million Insights. The market is estimated to ascend at a CAGR of 17.0% over the forecast duration 2020 to 2027. In enterprises, the workplace transformation offers flexibility and agility to the enterprises, thereby, improving their overall productivity and performance. 

The global wearable technology market size is anticipated to reach USD 196.5 billion until 2022. This growth can be associated with increasing health awareness coupled with the rapid advances being made across technology for maintaining and monitoring human health. The healthcare segment gained significant growth due to the prevailing need for health monitoring among the health-conscious population. 

The global workflow management system market size is anticipated to reach USD 24.8 billion until 2025. It is anticipated to register growth with 27.7% CAGR during the forecasted period, 2019 to 2025. This growth can be associated with its surging usage for automating business processes and workflows. 

The global stain remover products market size is projected to touch USD 27.2 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 4.7% through the forecast period of 2019-2025. Improving standard of living is anticipated to drive the adaption of cleaning products for maintaining health and hygiene is projected to have positively influence the growth of the market. 

The MEA cloud infrastructure services market size is anticipated to reach USD 18.07 billion till 2025. It is anticipated to register growth with 28.7% CAGR during the forecasted period, 2018 to 2025.This growth can be attributed to the rising investments and technological advances being made in cloud computing for data storage coupled with its feature of low storage and operational cost.

The global hopped malt extract market is expected to touch USD 11.73 billion by 2025, according to Million Insights, registering a 8.1% CAGR during the forecast period. The hops is a key ingredient used with other products like water, yeast, and grains in beer brewing. Hops balance the sugar, give a bitter taste, and add a refreshing smell to finished beverages.

The global luxury apparel market size is expected to reach USD 84.04 billion by 2025, according to Million Insights, registering a 3.5% CAGR over the forecast period, from 2019 to 2025. Factors such as growing number of millennials along with brand loyalty and rising spending capacity on luxury goods have majorly driven the growth of this market. 

The global flip flops market is estimated to touch USD 23.8 billion by 2025, according to a new report by Million Insights. The market is predicted to grow at a CAGR of 4.2% over the forecast period. The growing trend of fashionable and comfortable footwear is propelling product demand. These footwear products are light in weight and can easily be carried, thus, providing convenience to consumers. 

The global ultra-thin glass market size is anticipated to reach USD 27.74 billion until 2025. It is anticipated to register growth with 10.1% CAGR during the forecasted period, 2020 to 2025. This growth can be attributed to the rising usage of electronic devices like televisions, smartphones, laptops, and computers among the millennial population.

The global tofu market is estimated to reach USD 3.28billion, by the end of 2025, and is expected to grow at the CAGR of 5.2% from 2019 to 2025, according to a new report by Million Insights. The growing inclination towards plant based products owing to the healthy fitness benefits and growing population of vegan consumers is a major factor driving market growth. Additionally, increasing prevalence of glutamic disorders and lactose intolerance are expected to propel the demand for the product in the next few years.

The global road safety market size is anticipated to touch USD 5.1 billion by 2025, according to a new report by Million Insights. The market is projected to exhibit a CAGR of 10.5% over the forecast duration. The rise in the number of road accidents is attributing to the growth of the market as safety features are becoming paramount across the world. In addition, governments across the globe are increasingly spending on developments of road infrastructure to ensure smooth mobility of commuters, which, in turn, projected to supplement the growth of the market.

The global massage equipment market size is projected to reach USD 12.4 billion by 2025, according to a new report by Million Insights. The market is ascending at a CAGR of 8.6% from 2019 to 2025. Rising preferences for a healthy lifestyle among people coupled with various health benefits associated with massage equipment is supplementing the growth of the market. 

The global fuel cell vehicle market size is projected to touch USD 1.75 billion by 2025, according to a new report by Million Insights. The market is anticipated to witness a CAGR of 33.7% over the forecast duration. The growing investment by governments in the development of pollution-free vehicles is attributing to the growth of the market.

The global air quality monitoring system market size is anticipated to reach USD 6.5 billion until 2025. It is anticipated to register growth with 6.8% CAGR during the forecasted period, 2019 to 2025. This growth can be associated with rising health issues arising owing to emission of toxic gases and chemicals by vehicles and industries.

The global beauty and personal care surfactants market size is projected to reach USD 11.6 billion, by 2025, and is estimated to grow at a CAGR of 5.79% from 2019 to 2025, according to a new report by Million Insights. The increasing consumer awareness about haircare and skincare products is expected to increase the demand for the product in the next few years.

The global electric vehicle supply equipment (EVSE) market size is projected to attain USD 104.3 billion, by the end of 2025, and is anticipated to grow at a CAGR of 33.1% over the forecast period, between 2019 and 2025, according to a new report by Million Insights. The market is driven by development in charging infrastructure and equipment at different locations like national parks, shopping malls and hotels.

The global Ready to Assemble (RTA) furniture market size is expected to reach USD 18.4 billion by 2025, according to Million Insights, registering a 5.9% CAGR over the forecasted period, from 2019 to 2025. Increasing preference for portable, flexible and low-cost fixtures due to the increasing shift towards less space occupancy furniture has majorly driven the market growth.

The global menthol cigarette market size is projected to touch USD 99.1 billion by 2025, according to a new report by Million Insights. The market is estimated to grow at a CAGR of 3.1% over the forecast period, 2019 to 2025. Menthol ability to provide fresh, anesthetic and cooling effect to smokers is attributing to this growth.