Press releases

The global air purifier market size was valued at USD 12.26 billion in 2021 and is slated to amass USD 25.97 billion by 2030, exhibiting a CAGR of 8.1% during the forecasted period. Surging concerns regarding health and the growing consciousness among people regarding the need to control air pollution levels have supplemented the adoption of air purifiers in both residential and non-residential settings.

The global baby shampoo and conditioner market is estimated to reach USD 6.8 billion, by 2025, and is projected to grow at a CAGR of 5.1% from 2019 to 2025, according to a new report by Million Insights.

The global capsule coffee machine market size is projected to touch USD 1.78 billion by 2025, according to a new report released by Million Insights. It is estimated to ascend with a CAGR of 4.8% over the estimated period, 2019 to 2025. The growing use of single-serve coffee in western nations such as Germany, the U.K., Switzerland and the U.S is driving the market growth.

The global maternity wear market is projected to reach USD 24.5 billion by the end of 2025, according to a new report released by Million Insights. It is anticipated to grow at a CAGR of 4.3% over the forecast period, 2019 to 2025.The demand for maternity wear is increasing at a robust pace owing to increasing influence of pregnancy fashion on pregnant women. 

The global lip powder market is projected to reach USD 525.9 million by 2025, according to a new report released by Million Insights. It is anticipated to grow at a CAGR of 6.3% over the approximated years. The demand for matte colors and lightweight products is increasing rapidly. Consumers preferring trying out new innovative products that are trendy and give them a better appearance. 

The global fish powder market size is expected to reach USD 10.32 billion by 2025, according to Million Insights, registering a 6.51% CAGR over the forecast period, from 2019 to 2025. Increasing production of aquaculture and growth in the fortified industry are major factors to drive the market growth.

The global razor market size is projected to touch USD 13 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 3.5% through the forecast period of 2019-2025. Increasing awareness of consumers regarding personal hygiene and a rapidly increasing market of men’s grooming products have been driving the product demand over the years.

The global edible insects market size is anticipated to register a revenue of USD 1.4 billion by the year 2025, according to a new report by Million Insights. It is expected to grow with 19.7% CAGR over the forecasted period, 2019 to 2025. This growth can be attributed to the rising demand for edible insects, rising health consciousness among the millennials, the presence of essential nutrients and willingness to taste a new variety of flavors.

The global costume jewelry market is estimated to reach USD 39.2 billion, by 2025, expanding at a CAGR of 6.5% from 2019 to 2025, according to a new report by Million Insights. The rising population of working women individuals, increasing fashion trends, and increasing disposable income are the key factors that are expected to propel the market growth.

The global candle market size is projected to reach USD 6.06 billion by 2025, according to a new report published by Million Insights, with a CAGR of 8.4% over the forecast duration. The increasing inclusion of candles as home décor items is predicted to drive the market.

The global ball sports luggage market is estimated to reach USD 3.88 billion, by 2025, and is expected to grow at a CAGR of 10.4% from 2019 to 2025, according to a new report by Million Insights. The growing inclination towards outdoor sports owing to the healthy fitness benefits is a major factor driving market growth.

The global baby food packaging market is estimated to touch USD 81.31 billion by 2025, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 7.0% over the forecast period. The demand for baby food products is expected to increase significantly owing to the rising number of working professionals.

The global ready meals market is projected to reach USD 294.70 billion by 2025, according to a new report by Million Insights. The market is expected to grow at a CAGR of 4.3% over the forecast period. Ready meals can be prepared with ease in a short span of time. Owing to this, the demand for ready meals is gaining traction, especially among the working-class and students.

The global online laundry service market size is anticipated to register revenue of USD 113.7 Billion by the year 2025, according to a new report by Million Insights. It is expected to grow with 35.8% CAGR over the forecasted period, 2019 to 2025. The increasing demand for washing of clothes in laundry owing to convenience is expected to drive the market growth.

According to the latest study done by Million Insights, the global watches market is predicted to reach USD 117.8 billion, by 2025. The market is estimated to grow with a CAGR of 13.0% over the forecast period. The introduction of smartwatches with features such as Bluetooth connectivity and near field characteristics (NFC) is anticipated to drive the demand of the product.

The global hydration belt market size is projected to reach USD 52.3 million by 2025, according to a new report published by Million Insights, growing at a CAGR of 11.0% over the forecast duration. The rising demand for these products as hydrating agents among sportspersons and fitness enthusiasts is predicted to be the driving factor for the segment.

The global decorated apparel market size is expected to register revenue of USD 55.2 Billion by the end of 2025, according to a new report released by Million Insights. It is expected to grow with a 10.91% CAGR over the forecast period. Increasing demand for screen printing, embroidery, and sublimation on fabrics is expected to drive the market growth for such products in the upcoming years. 

The global tobacco packaging market is estimated to reach USD 21.7 billion by 2025, according to a new report by Million Insights. The market is estimated to grow at a CAGR of 3.3% during the forecast period. Increasing demand for cigarette and tobacco products from young consumers is the key factor driving market growth. 

The global tableware market is estimated to reach USD 60.4 billion, by 2025, and is projected to grow at a CAGR of 6.0% from 2019 to 2025, according to a new report by Million Insights. The change in lifestyle along with the rise in the disposable income level of consumer, and growth in number of houses are expected to surge the market growth.

The global Door phone market size is anticipated to reach USD 5.1 billion by the end 2025, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 5.7% over the forecast period, 2019 to 2025.Nowadays, security is one of the major concerns among people at commercial and residential spaces.