Press releases

The global Plastic Furniture Market size is projected to touch USD 15.5 billion by the end of 2025, according to a new report released by Million Insights. It is estimated to grow at a CAGR of 3.9% from 2019 to 2025. Factors such as low maintenance, flexibility, cost-effectiveness, lightweight, and durability plastic products are projected to accelerate the market growth.

The global nonstick cookware market size is expected to register a revenue of USD 12.5 billion 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 market growth can be associated with increasing awareness among the millennial population for home-cooked food coupled with advantages of using non-stick utensils for cooking.

The global enterprise application market is anticipated to reach USD 259.51 billion by the end 2022, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 7.8% during the forecast period, 2015 to 2022. This growth is attributed to rising demand for customer-centric business models and growing need for data access from single point of control.

The global soda water dispenser market is estimated to reach USD 1.5 billion, by 2025, and is projected to grow at a CAGR of 5.4% from 2019 to 2025, according to a new report by Million Insights. Increasing demand for product is attributed to high spending by the consumers on quick and fast dispensing options especially in hotels and restaurants is contributing to market growth.

The global surfing equipment market is anticipated to reach USD 3.9 billion by the end 2025, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 3.3% during the forecast period, 2019 to 2025. This growth is attributed to rising popularity of adventure sports and water sports among adventure enthusiasts and thrill seekers across the globe.

The global socks market is projected to touch USD 63.5 billion by the end of 2025, according to a new report published by Million Insights. The market is expected to register a CAGR of 6.0% during the forecast period. The rise in demand for footwear accessories from athletes and gym going individuals owing to increasing inclination towards health and fitness is attributing to the market growth.

The global e-cigarette and vape market size is projected to reach USD 182.84 billion by 2030 with a CAGR of 30.0% from 2022 to 2030. The adoption of e-cigarettes is stimulated by the growing awareness of safer alternatives to tobacco consumption. As these cigarettes are relatively less toxic, the younger population group is consciously opting for e-cigarettes.

The global diesel generator market size is projected to touch USD 21.37 billion by the end of 2022, as per the report released by Million Insights. It is estimated to grow with a CAGR of 6.8% over the forecast period. Growth of various industries such as retail, oil and gas, mining and telecom are projected to fuel the market growth over the estimated duration.

The global kitchen knives market size is expected to register revenue of USD 2.08 billion by the end of 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 8.6% from 2019 to 2025. This growth can be attributed to rising preference among the millennial for cooking due to increasing influence of reality shows like MasterChef and Hell’s Kitchen.

The global fishing rods market size is expected to register a revenue of USD 1.3 billion by the end of 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 4.8% from 2019 to 2025. This growth can be attributed to rising trend for carrying out recreational fishing activities across developed regions like North America and Europe.

The global car wash service market is anticipated to reach USD 41.1 billion by the end 2025, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 3.2% during the forecast period, 2019 to 2025. Hectic lifestyles and time constraints are the major factors anticipated to propel the market demand for such amenities.

The global treadmill ergometer market size is projected to touch USD 3.75 billion by the end of 2025, according to a new report released by Million Insights. It is estimated to grow at a CAGR of 5.2%from 2019 to 2025.Customer inclination towards a healthy lifestyle and growing adoption of the treadmill to get personalized feedback are projected to fuel the market growth.

The global mosquito repellent candle market is anticipated to reach USD 56.0 million by the end 2025, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 10.5% from 2019 to 2025. This growth is attributed to rising hazards of diseases transmitted by mosquitoes across the globe.

The global camping tent market size is expected to register a revenue of USD 3.28 billion by the end of 2025, according to a new report by Million Insights. It is expected to grow with CAGR of 6.3% from 2019 to 2025. This growth can be attributed to rising interest in outdoor sports activities among the millennial population.

The global serveware market is anticipated to reach USD 15.9 billion by the end 2025, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 3.7% during the forecast period, 2019 to 2025. This growth is attributed to rising popularity of glassware and ceramic ware across the residential sectors coupled with its high affordability and easy availability. 

The global pet shampoo market size is projected to touch USD 757.7 million by 2025, according to a new report published by Million Insights, with a CAGR of 6.4% from 2019 to 2025. The rising trend of pet adoption among individuals is predicted to be the major factor driving the segment.

The global commercial vehicles market is projected to attain USD 2.27 trillion by the end 2025, according to a new report released by Million Insights. The market is anticipated to expand at a CAGR of 7.1% throughout the forecast period, 2018 to 2025. Rising consumer expenditure on infrastructural developments and rapid urbanization across emerging countries such as India, Turkey, and China is anticipated to propel the market growth from 2018 to 2025.

The global meal replacement products market size is projected to touch USD 25.02 billion by the end of 2025, according to a new report released by Million Insights. It is estimated to grow at a CAGR of 6.5% over the forecast period. The market growth is attributed to growing health-conscious customers and increasing prevalence of diseases such as high blood pressure, obesity and diabetes. 

The global CBD skin care market is expected to reach USD 1.7 billion by 2025, according to Million Insights, registering a 32.9% CAGR over the forecast period, from 2019 to 2025. Increasing awareness related to the healing properties of CBD infused beauty products is majorly driving the market growth.

The global bamboo furniture market size is anticipated to touch USD 14.38 billion by 2025, according to a new report by Million Insights. The market is estimated to grow at a CAGR of 5.2% over from 2019 to 2025. The growth of the market is attributed to the growing expenditure on sustainable raw materials for furniture products.