Press releases

The global edible cutlery market is expected to reach USD 39.5 million by 2025, according to Million Insights, registering a 8.3% CAGR over the forecast period, from 2019 to 2025. Increasing usage of edible cutleries in restaurants, households, and airlines as a substitute for plastic is expected to witness positive impact on market growth.

The global skin toner market is expected to reach USD 900.6 million by 2025, according to Million Insights, registering at a 4.7% CAGR over the forecast period, from 2019 to 2025. The market growth is attributed to increasing demand for skin toner among teenagers to cure acne, pimple, and protection from pollution.

The global human resource management market size is projected to touch USD 38.17 billion by the end of 2027, as per the report released by Million Insights. It is estimated to grow with a CAGR of 11.7% over the estimated duration. Factors such as the rising requirement for managing the diverse workforce, need for replacing old HRM systems, and incorporating new HRM solutions are predicted to bode well for the market growth.

The global electric blankets market size is projected to touch USD 1.2 billion by 2025, according to a new report published by Million Insights, with a CAGR of 7.1% from 2019 to 2025. The rising integration of technological up-gradations in consumer-friendly devices and other products is accelerating the market.

The global smart ceiling fans market size is anticipated to generate revenue of USD 993.6 million by the end of 2025, according to a new report by Million Insights. It is projected to grow with a CAGR of 5.2% from 2019 to 2025. This growth can be attributed to rising influence of technology-driven appliances among the millennial population.

The GCC indoor location-based services market for is anticipated to reach USD 1246 million by the end 2025, according to a new report released by Million Insights. In projected to attain a CAGR of 48.3% from 2017 to 2025. Rising adoption of 3D technology and increasing prevalence of smartphones across the GCC region are anticipated to drive the market growth.

The global premium cosmetics market size is expected to register a revenue of USD 199.2 Billion by the end of 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 7.6% throughout 2019 to 2025. This growth can be attributed to rising awareness among the millennial population regarding the usage of wellness and beauty products.

The global glamping market size was USD 2.35 billion in 2021 which is projected to expand at a 10.9% CAGR and reach USD 5.94 billion by 2030. Primary reasons likely to drive this growth include inflation in the influence of social media and the offering of discounts and exclusive holiday packages to consumers.

The global vape cartridge market is estimated to reach USD 2.2 billion, by 2025, and is projected to grow at a CAGR of 21.4% from 2019 to 2025, according to a new report by Million Insights. Increasing consumer preference towards vape products as an option to tobacco is mainly contributing to market growth.

The global proximity and displacement sensors market is anticipated to attain USD 6 billion by the end 2025, according to a new report released by Million Insights. The market is expected to grow at a CAGR of 9% from 2015 to 2022. Emerging technologies such as miniaturization and contactless sensing are expected to drive the growth of proximity and displacement sensor market. 

The global diet soft drinks market size is projected to touch USD 5.2 billion by 2025, according to a new report by Million Insights. It is projected to grow at a CAGR of 3.2% through the forecast period of 2019 to 2025. There has been an upsurge in demand of diet soft drinks in the past few years owing to changing preference of consumers from beverages with high sugar content to healthier ones with low or no sugar content.

The size of the global video streaming market is estimated to reach USD 330.51 billion by 2030, exhibiting a CAGR of 21.3% from 2022 to 2030. The market is driven by the ongoing technical developments such as blockchain technology and Artificial Intelligence (AI) application to enhance video quality. 

The global automotive metal stamping market size is projected to value USD 112.38 billion by 2024, according to a new report published by Million Insights. The rising demand for the product from the automotive industry is expected to accelerate market growth over the forecast period. The increasing adoption of sheet metal in the manufacturing of automotive transmission components, chassis, and interior & exterior components are predicted to bolster market growth over the next few years.

The global consumer electronic sensors market size is projected to touch USD 34.57 billion by the end of 2022, as per the report released by Million Insights. Increasing penetration of tablets and smartphones and the growing number of internet users are predicted to accelerate the market growth over the estimated period. 

The global concierge services market size is estimated to reach USD 773.3 million, by 2025, and is anticipated to grow at a CAGR of 5.3% from 2019 to 2025, according to the new report by Million Insights. Developing economic conditions and increasing income of middle age group is expected to propel the demand for concierge services. Moreover, high net worth individuals (HNWI) are mainly driving the growth of such services.

The Asia Pacific fuel dispenser market size is projected to touch USD1.39 billion by the end of 2024, as per the report released by Million Insights. Increasing demand for vehicles coupled with growing per capita income and rapidly growing shale gas industry is predicted to boost the demand for the product over the estimated duration. The emerging nations of the region such as India and China occupied more than 75% market share in 2015.

The global cashmere clothing market size is expected to register a revenue of USD 3.50 Billion by the end of 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 3.96% from 2019 to 2025. This growth can be attributed to availability of finest quality cashmere yarn which is lighter, stronger and softer than the other types of wool.

The global camping furniture market size is expected to register a revenue of USD 275.8 Million by the end of 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 4.9% from 2019 to 2025. This growth can be attributed to rising trend for outdoor camping and other recreational activities among the working and millennial population. 

The global business software and services market is anticipated to reach USD 650.13 billion by the end 2025, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 10.7% from 2019 to 2025. Rising adoption of emerging technologies and automation to improve the operational efficiency across several industries including BFSI, government, retail, manufacturing, and healthcare is projected to proliferate the market growth.

The global school bags market size is expected to register a revenue of USD 24.6 billion by the end of 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 5.6% from 2019 to 2025. This growth can be associated to the number of initiatives being undertaken by statutory governing organizations across the globe, which in turn are driving the demand for school supplies like school bags.