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Showing posts from August, 2022

Tobacco Market is estimated to be US$ 1176.35 billion by 2030 with a CAGR of 3.0% during the forecast period

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Tobacco Market  accounted for US$ 921.21 billion in 2020 and is estimated to be US$ 1176.35 billion by 2030 and is anticipated to register a CAGR of 3.0%.  Tobacco is an American natural plant that was formerly one of the most significant crops for American farmers. It is one among the world's most extensively used addictive substances. Tobacco refers to any of the Nicotiana species (especially Nicotiana tabacum), which are native to tropical America and widely farmed for their leaves, which are dried and processed for use in pipes, cigarettes, and cigars. It's also chopped into chewing tobacco, ground into snuff or dipping tobacco, and used in a variety of other less popular formulations. The report " Global Tobacco Market, By Product (Combustible Tobacco Products and Smokeless Tobacco Products), By Application (Cigarette, Cigars, and Others (Chewing, Dipping, Snuff, and Snus Tobacco), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East &

Home Decor Market worth US$ 23.6 Billion 2029 with a CAGR of 3.7 %

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  The report  " Home Decor  Market , By Product (Furniture (Kitchen, Living And Bedroom, Bathroom, Outdoor, and Lighting), Textiles (Rugs, Bath Textiles, Kitchen And Dining Textiles, and Living Room Textiles), Floor Coverings (Tiles, Wood and Laminate, Vinyl and Rubber, Carpets and Rugs, and Other Floor Coverings (Linoleum, Cork, Bamboo, and Concrete)), By End-User (Household and Commercial), and Region - Global Forecast to 2029"  Global home decor market is projected to grow from US$ 17.0 billion in 2020 to US$ 23.6 billion by 2029. Increasing number of individual’s owning homes, coupled with in developed and developing countries drive the global home decor market. Key Market Insights from the report:           The global home decor market accounted for US$ 17.0 billion in 2020 and is projected to register a moderate CAGR of 3.7% over the forecast period. The market report has been segmented on the basis of product, end-user, and region. By product, the global home decor mar

Wax Market worth US$ 12.5 Billion 2029 with a CAGR of 2.4 %

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  The report  " Wax Market ,  by Type ( Paraffin/Mineral Wax, Synthetic Wax, and Natural Wax) , by Application ( Candles, Packaging, Floor Polishes, Adhesives, Cosmetics and Toiletries, Plastic and Rubber, and Others (Paints, Ink, Pharmaceuticals, and Food) ), and Region - Global Forecast to 2029"  Global wax market is projected to grow from US$ 10.1 billion in 2020 to US$ 12.5 billion by 2029. The global wax market is expected to register slow growth over the forecast period. This is attributed to increasing adoption of wax in packaging and package coating application, owing to excellent properties such as heat and water resistance. Furthermore, rising use of wax in cosmetics, anaplastology and dentistry, and candles is another factor driving growth of the global wax market.   Increasing demand for unconventional waxes is expected to create lucrative growth opportunities for new as well as existing players to gain competitive edge. Key Highlights : On January 9, 2019, OrVanc

Jewellery Market is estimated to be US$ 431.18 billion by 2030 with a CAGR of 3.0% during the forecast period

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Jewellery Market  accounted for US$ 337.66 billion in 2020 and is estimated to be US$ 431.18 billion by 2030 and is anticipated to register a CAGR of 3.0%. Bridal jewellery is a new trend that is gaining traction in the market. In nations such as India, a wedding is regarded as a large event with numerous customs and functions. Increased spending on wedding functions is likely to boost market growth. Necklaces, hairpins, and bangles are among the most popular accessories among women. The capacity to customize such items is a key aspect that will likely drive market growth. Gold chains and necklaces are no longer just for weddings and formal occasions. Rings, plain gold chains, and anklets are used by both men and women as fashion statements. Earrings and bracelets are also given as gifts for a variety of occasions, such as birthdays and anniversaries. This pattern of consumption is projected to have a beneficial impact on market growth. The report " Global Jewellery Market, By Typ

Iron Market is estimated to be US$ 1236.39 billion by 2030 with a CAGR of 10.40% during the forecast period

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Iron Market  accounted for US$ 214.7 billion in 2020 and is estimated to be US$ 1236.39 billion by 2030 and is anticipated to register a CAGR of 10.40%. Steel manufacture is the most common use of iron ore. It's essentially an iron alloy with carbon and additional metals including boron, manganese, nickel, titanium, chromium, molybdenum, and vanadium as additives. These additional metals give steel different properties, allowing it to be used in a variety of applications. Hematite, limonite, magnetite, goethite, and siderite are some of the most important ores. Hematite and magnetite, among these several ores, are iron-rich, containing more than 60% iron. Pig iron, wrought iron, and cast iron are the three types of iron based on carbon content. Pig iron has already controlled the market, and it is likely to do so again over the projection period. The report " Global Iron Market, By Type (Physical Production, Chemical Production, and Mechanical Production), By Application (Auto

Plastic Recycling Market is estimated to be US$ 79.9 billion by 2030 with a CAGR of 6.6% during the forecast period

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  The report  " Plastic Recycling Market , By Material (PET, PP, PVC, and Others), By Recycling Process (Mechanical and Chemical), By Source (Bottles, Films, Foams, and Others), By Application (Packaging, Building and Construction, Automotive, and Other), and Region - Global Forecast to 2030"  The global plastic recycling market accounted for US$ 42.6 billion in 2020 and is estimated to be US$ 79.9 billion by 2030 and is anticipated to register a CAGR of 6.6%. Growing awareness associated with energy saving benefits in the manufacturing of recycled plastics over virgin plastics is major factor driving growth of the global plastic recycling market. In addition, huge demand for plastics across various packaging industries and negative environmental impact of plastic disposal is propelling growth of the global plastic recycling market. Government support to use recycled plastics in developed countries and increasing use of recycled plastic in textile industry can create lucrativ