The global minibar refrigerators market size was estimated at USD 337.75 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.1% from 2023 to 2030. The rapid growth of the hospitality sector is a key factor driving the growth. The hospitality sector, espec... Read More »
September 2023The global home beer brewing machine market size was estimated at USD 41,249.8 thousand in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030. The growing popularity of craft beer among young consumers owing to the availability of various flavo... Read More »
September 2023The global electric rice cooker market was valued at USD 685.2 million in 2018. Shifting consumer inclination towards energy-efficient cooking appliances such as electric rice cookers is expected to be a key driving factor for market growth over the forecast period. For instance, accordi... Read More »
September 2023The global traditional music market size was valued at USD 11.86 billion in 2021 and expected to expand at a CAGR of 14.4% from 2022 to 2028. The growing music industry across the globe is due to it being a form of entertainment that everyone listens and enjoys, thereby accelerating the market growth.... Read More »
September 2023The global razor market size to be valued at USD 13.0 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 3.5% during the forecast period. The market is fueled by several factors, predominantly by growing focus on men’s grooming and rising awareness a... Read More »
August 2023The global smart home appliances market size was valued at USD 29.03 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.2% from 2023 to 2030. Product demand is being driven by factors such as the growing penetration of smart homes, rising home improvemen... Read More »
August 2023The U.S. tablet market size was valued at USD 18.0 billion in 2016. Adoption of tablets is anticipated to increase in the forthcoming years owing to demand for technologically advanced electronic gadgets. Introduction of detachable tablet PCs is also expected to fuel the product demand. ... Read More »
August 2023The global cruise market size was valued at USD 7.67 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) 11.5% from 2023 to 2030. This can be attributed to the rising popularity of the vacation on a cruise due to the cost difference and the amenities provided ... Read More »
August 2023The global smart baby monitor market size was estimated at USD 1,347.1 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. The growing emphasis on child safety and security is a significant driver. Smart baby monitors provide parents... Read More »
August 2023The U.S. smart kitchen and bathroom products market size was estimated at USD 1,214.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.6% from 2023 to 2030. The increasing popularity of smart homes coupled with the growing penetration of smart home te... Read More »
August 2023The global docking station market size was valued at USD 1,518.9 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. The rising popularity of the Bring-Your-Own-Device (BYOD) work culture to reduce expenses and increase flexibility a... Read More »
August 2023The global tankless water heater market size was valued at USD 3.49 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. Increasing consumer concerns over the sustainable use of energy is the main factor fueling demand for tankless wa... Read More »
July 2023The India consumer electronics market size was valued at USD 73.73 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. India provides a worldwide opportunity for short to medium-term growth in consumer electronics spending. Minimal p... Read More »
July 2023The global mobile accessories market size was valued at USD 88.07 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The mobile accessories market is expected to grow due to the increasing demand for smartphones as they are an effec... Read More »
July 2023The global coffee machine market was valued at USD 6.41 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. Increased consumption of coffee in Asian countries is one of the key factors driving the growth. In addition, the launch of n... Read More »
July 2023The global smart air purifier market size to be valued at USD 4.71 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 12.2% during the forecast period. Rising demand for anti-pollution products owing to high pollution levels is anticipated to drive growth ... Read More »
July 2023The global smart bathroom market size was estimated at USD 7.52 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.1% from 2023 to 2030. The rising adoption of smart homes, both in developing and developed countries worldwide, is fueling the demand for ... Read More »
July 2023The U.S. coffee machine market size was estimated at USD 9.37 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. Increased consumption of coffee, particularly in Asian countries, and the launch of new products, such as green and org... Read More »
July 2023The global lamps market size was estimated at USD 13.53 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The growing focus on interior aesthetics and the desire to create visually appealing spaces have led to a significant surg... Read More »
July 2023The North America micro market size was valued at USD 3,950.4 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 13.0% from 2023 to 2030. A high level of convenience and accessibility is provided by micro markets resulting in their increased demand and ... Read More »
July 2023