India air conditioning market is forecast to grow at one of the highest CAGR of 6.8% during the forecast period. Hot climatic conditions, increasing urbanization, expanding the middle-class population, and increasing per capita disposable income are some of the major factors that are contributing to the market growth. The air conditioning market accounts for around […]
Category Archives: Consumer Goods
The global split air conditioning market is forecast to grow at a CAGR of 4% during the forecast period. Split AC comprises of an indoor and an outdoor unit that is connected by a refrigerant piping. There are variations of split-type ACs available in the market. These are inverter split AC, no-inverter split conditioners, and […]
The global luggage & travel bags market is anticipated to grow at a CAGR of around 6.4% during the forecast period (2021-2027). The global luggage & travel bags market growth is driven by the increasing travel and tourism industry in major economies globally, rising demand for premium and quality products by consumers, and new product […]
The global digital pen market is anticipated to grow at a considerable CAGR of 9.8% during the forecast period (2021-2027). The digital pen is a device that allows users to capture handwritten data and draw digitally with various devices such as PC, smartphones, and tablets. Currently, each industry is focusing to digitize in different sectors, like banking […]
The global modular chillers market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2021-2027). The speeding up of the use of energy-efficient systems is one of the prime factors driving the market. The demand associated with energy-efficient systems had been increased due to the consumption of electricity in an efficient manner […]
The global mini washing machine market is anticipated to grow significantly at a CAGR of 3.5% over the forecast period (2021-2027). The usage of the mini washing machine has been growing in the commercial sector, significantly, due to the rise in the small business sector. For instance, in November 2021, as per data from the MSME Ministry, […]
The global agrochemicals market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period (2021-2027). The rising need and demand for nitrogen fertilizers are one of the prime factors affecting and driving the market. The nitrogen fertilizers support the growth of the plant along with providing healthy maturing of foliage and fruits. Additionally, […]
The North American sustainable footwear market is anticipated to grow with a significant CAGR of 5.6% during the forecast period (2020-2026). The growth of the market in the region is attributed to increasing consumer’s consciousness of the harmful impacts on the planet and its resources due to the apparel industry, which in turn is driving the footwear […]
The US refrigerator market is anticipated to grow with a considerable CAGR of 5.6% during the forecast period (2020-2026). Refrigerators hold a prominent position among American households. The growth of the refrigerator across the country is influenced by the high disposable income coupled with high brand awareness across the region. Additionally, the demand for the replacement of […]
The Middle East refrigerator market is anticipated to grow with a considerable CAGR of 4.8% during the forecast period (2020-2026). The growth of the market is anticipated to grow owing to the growth in population coupled with high purchasing power. Additionally, the changing lifestyle, as well as evolving purchasing trends, will aid in the growth of the […]