The automatic doors market is expected to experience a CAGR of 7.2% during the forecast period of 2024 to 2032, driven by the increasing demand for convenience, safety, and energy efficiency in various sectors such as commercial, residential, healthcare, and transportation. The market is expected to witness significant revenue growth and a healthy CAGR during the forecast period. Automatic doors offer numerous benefits, including hands-free operation, quick access, and enhanced security.
The sun lounger market is expected to experience a CAGR of 5% during the forecast period of 2024 to 2032, driven by the increasing popularity of outdoor recreational activities and the growing trend of creating comfortable and luxurious outdoor spaces. Sun loungers, also known as chaise lounges or deck chairs, are designed to provide relaxation and comfort while soaking up the sun or enjoying outdoor leisure activities. The market for sun loungers offers a wide range of options to cater to different consumer preferences and requirements.
The specialty printing consumables market is a dynamic and growing industry that caters to the diverse printing needs of various sectors. This market encompasses a wide range of consumable products such as inks, toners, specialty substrates, coatings, and adhesives that are specifically designed for specialty printing applications. The market revenue of specialty printing consumables has been steadily increasing due to the growing demand for customized and high-quality printing solutions across industries such as packaging, textiles, electronics, and advertising.
The meal kit delivery services market is expected to grow at a CAGR of 15.5% during the forecast period of 2024 to 2032. Meal kit delivery services offer pre-portioned ingredients and recipes delivered directly to consumers' doorsteps, eliminating the need for meal planning and grocery shopping. This market is characterized by the presence of several players, each offering a variety of meal options and catering to different dietary preferences.
The Smart Cooktop Market is a rapidly growing market that is witnessing significant demand due to advancements in smart home technologies and changing consumer preferences towards connected and convenient cooking solutions. The market revenue has been steadily increasing over the past few years, driven by the growing adoption of smart home automation systems and increasing consumer awareness about energy-efficient cooking appliances.
The global professional beauty services market is expected to grow at a CAGR of 6.5% during the forecast period of 2024 to 2032. Increasing urbanization, changes in lifestyle, a rise in the popularity of hair highlights, and an increase in salon visits are projected to contribute to the expansion of the professional beauty services industry in the future years.
The online home decor market has experienced significant growth over the past few years, and is expected to continue to grow at a considerable rate in the coming years. The global online home decor market revenuesis expected to grow at CAGR of 17% during the forecast period of 2024 to 2032.
The global market for school furniture market is expected to grow at a CAGR of 6.5% during the forecast period of 2024 to 2032. Increasing emphasis on expanding access to education in rural regions, towns, and cities has been a significant element driving market expansion.
The global market for kids’ storage furniture is projected to expand at a CAGR of 20% during the forecast period of 2024 to 2032. In lieu of purchasing new homes, customers are increasingly engaging in home maintenance and remodeling projects as property prices rise. As a result of increased property values, homeowner equity has doubled, indicating a trend of homeowners being wealthier and more likely to invest in home repair projects.
Globally, the digital out-of-home market is expected to grow with a CAGR of 10.0% during the forecast period from 2024 to 2032, starting from US$ 5.39 Bn in 2021. Changing dynamics of the advertising industry, and increasing digitization are the key factors attributed to the growth in digital out-of-home market. Globally, the ways of marketing and advertisement are changing based on recent technologies. Increasing need for real time tracking and being in touch with advanced technologies is enabling the key players to be digitally sane and find ways that can help them reach a major chunk of the customer.
The household products market reached US $285 billion in 2021, and it is expected to grow at a CAGR of more than 3.5% during the period of 2023 to 2031. This can be attributed to the greater emphasis on hygiene and cleaning habits due to the pandemic outbreak. Furthermore, rising purchasing power among global consumers and a shift toward sustainable and naturally produced products are expected to drive the sector's sales growth.
Rising public awareness of the importance of keeping the home clean has become one of the primary driving forces behind the growth of the household products market. Furthermore, the widespread availability of household cleaners in a variety of flavors and fragrances is expected to drive market growth. Furthermore, changing lifestyles, rapid urbanization, preference towards maintaining surroundings and personal hygiene, and indulgence regarding clean and neat living spaces are anticipated to propel the growth of this market in the coming years. The COVID-19 pandemic has resulted in a dramatic increase in household cleaning goods worldwide, owing to rising consumer concerns about health and cleanliness. Rising disposable income and rapid urbanization, which are resulting in significant infrastructure developments, are expected to drive up demand for household products in the coming years. Furthermore, an increase in demand for sustainable and eco-friendly household products is likely to create more opportunities for this industry, driving the market's growth significantly during the forecast period.
Household product sales are expected to increase in the coming years due to innovative packaging, brand development, and promotion. Growing consumer concerns about the environment and their own health have fuelled the demand for environment-friendly cleaning products. Organic products are expected to see a significant increase in demand in the coming years due to the absence of hazardous chemicals as well as their odor. Increasing investments by key players to create new eco-friendly products are expected to raise industry sales even further.
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