Press releases

The global online clothing rental market is expected to grow with a CAGR of 9.4% over the forecast period to reach USD 2.09 billion by 2025, according to a new report released by Million Insights. Changing fashion trend coupled with increasing e-commerce platforms are primarily driving the growth.

The global hydrolyzed wheat protein market size is anticipated to reach USD 233.08 Million, by the year 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 4.5% over the forecasted period, 2019 to 2025. Rising awareness about the consumption of natural and plant-based products and increasing geriatric population are the major factors driving the market growth.

The global home fragrance market size is anticipated to register a revenue of USD 9.1 billion by the year 2025, according to a new report by Million Insights. It is expected to grow with 4.4% CAGR over the forecasted period, 2019 to 2025. This growth can be attributed to the rising demand for home fragrance, increasing awareness about aromatherapy and improved standard of living of the consumers.

The global disposable face mask market size was valued at USD 38.9 billion in 2021 and is expected to reach USD 2.1 billion by 2030, declining at a CAGR of -27.6% from 2022 to 2030.Key factors such as the outbreak of the COVID-19 pandemic, increasing industrialization, rising levels of pollution, and growing awareness in consumers about the protection of health primarily fuel the market growth.

The global functional apparel market is projected to reach USD 438.0 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 6.4% over the forecasted years, 2019 to 2025. Rising participation of people in workout activities for maintaining fitness and good health is the major driving force for the market growth.

The global electronic soap dispensers market is anticipated to reach USD 1.01 billion, by 2025, according to a new report released by Million Insights. The market is expected to grow with a CAGR of 6.0% over the forecast period. Increasing awareness about personal hygiene and governments’ focus on sanitation hygiene programs are driving market growth. 

The global Coconut products market size is anticipated to reach USD 95.64 Billion by the year 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 17.8% over the forecasted period, 2019 to 2025. Rising awareness about the health benefits from the consumption of coconut and its products is expected to boost the market growth during the forecast period.

The global Carpet and Rug Shampoo market size is anticipated to register revenue of USD 64.4 Million by the year 2025, according to a new report by Million Insights. It is expected to grow with 3.4% CAGR over the forecasted period, 2019 to 2025.

The global Activated charcoal supplements market size is anticipated to reach USD 10.7 Billion by the year 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 14.2% over the forecasted period, 2019 to 2025. This activated charcoal can be used to treat food poisoning and oral treatment.

The global lactose-free infant formula market is projected to reach USD 24.0 billion, growing with a CAGR of 10.6% by the end of 2025, according to a new report published by Million Insights. The increasing population of lactose intolerant babies across the globe majorly drives the market.

The global whipping cream market projected to reach USD 10.3 billion by 2025, according to Million Insights. registering 8.1% CAGR over the forecasted period, from 2019 to 2025. Increasing consumption of food products such as cakes, pudding, hot chocolates, milkshakes, coffee, and espresso drinks has majorly driven the growth of this market.

The global smart refrigerators market size is expected to reach USD 624.7 million, by 2025, according to Million Insights. registering a CAGR of 13.7% over the forecasted period. Development in IT sector and communication is projected to impel the market growth.

The global smart diapers market size is projected to reach USD 11.4 billion by 2025, further growing at a CAGR of 6.5% from 2019 to 2025 according to a report by Million Insights. The launch of the smart wearable is encouraging this industry manufacturer to focus on producing sensor-integrated diapers that will enable caregivers to take better care of babies and adults.

The global men’s grooming products market is projected to reach USD 78.5 billion by 2025, as per a new report by Million Insights. The market is expected to grow with a CAGR of 5.2%, during forecast years. Increasing beauty consciousness among men, growing awareness about the importance of overall body grooming and society's influence towards aesthetically appealing looks are driving the industry.

The global personal care wipes market is estimated to reach USD 23.1 billion, growing with a CAGR of 5.6% during the forecasted period, from 2019 to 2025, according to a new report by Million Insights. Product benefits such as performance, time-saving, and convenience associated with wipes are anticipated to drive product demand. 

The global ventilation fan market size is projected to attain USD 3.85 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 7.7% throughout the approximated period. The major driver for this growth is the increasing demand from the commercial, residential and industrial infrastructures.

The global moringa products market is estimated to reach USD 10.9 billion, growing with a CAGR of 10.4% during the forecasted period, from 2019 to 2025, according to a new report by Million Insights. The market is majorly driven by the increasing demand for healthy supplements, and growing health awareness among consumers.

The global toddler wear market is projected to reach USD 283.27 billion by 2025, according to new report by Million Insights. It is anticipated to grow at a CAGR of 6.22% over the forecasted years, 2019 to 2025. Increase in the availability of wide range of wearables for the toddler owing to the increasing population is expected to boost the market for toddler wear during the forecasted years, 2019 to 2025.

The global hand care market size is expected to reach USD 16.9 billion by the year 2025, according to a new report by Million Insights. The rising awareness about the maintenance of personal health coupled with the increasing risks of communicable diseases in the society is the major factors driving the market growth of hand care products.

The global dried berries market size is anticipated to register a revenue of USD 44.12 billion by the year 2025, according to a new report by Million Insights. It is expected to grow with 5.8% CAGR over the forecasted period, 2019 to 2025. This growth can be attributed to the increase in the awareness about personal health and wellbeing coupled with the rising trend for consumption of natural and healthy food.