The global luxury furniture market size was valued at USD 21.67 billion in 2022 and is projected to grow from USD 22.78 billion in 2023 to USD 33.31 billion by 2030, recording a CAGR of 5.57% during the forecast timeframe of 2023-2030.

The industry outlook is being positively influenced by growing consumer spending and various other factors such as household debt levels, per-capita…

The global luxury goods market size is set to gain traction from the introduction of fashion-forward and innovatively created products. This information is given by Fortune Business Insights™ in a new report, titled, “Luxury Goods Market Size, 2020-2027.” The report further states that the luxury goods market size was USD 316.16 billion in 2019. It is projected to grow from USD 257.26 billion in 2020 to USD 352.84 billion in 2027 at a CAGR of 4.6% in the forecast period.

The Luxury…

According to Fortune Business Insights, the global cosmetics market size is expected to gain momentum by reaching USD 415.29 billion by 2028 from USD 287.94 billion in 2021 while exhibiting a CAGR of 5.0% between 2021 to 2028. In its report titled, “Cosmetics Market, 2021-2028,” Fortune Business Insights mentions that the market stood at USD 277.67 billion in 2020.

In recent times, the demand for makeup and skincare products has surged dramatically. Both men and women use it to…

The global cashmere clothing market share was valued at USD 3.20 Billion in 2022 and is expected to be worth USD 3.33 Billion in 2023. The industry is projected to be valued at USD 4.44 Billion by 2030, recording a CAGR of 4.2% during the forecast period.

Cashmere is one of the most luxurious types of wool. This type of wool grows best during the cold season, and countries, such as China and Mongolia are the main manufacturers of this wool, having a combined share of nearly 90%. Since…

The global video games market size stood at USD 188.73 billion in 2021. It is projected to grow from USD 199.74 billion in 2022 to USD 307.19 billion in 2029 at a CAGR of 6.3% over the forecast timeframe. The market is set to gain traction from increasing technological advancements. Fortune Business Insights™ mentioned this in a report titled, “Video Games Market, 2022-2029.”

The report provides an extensive overview of key drivers and challenges impacting market augmentation over the…

The global paper straw market size was valued at USD 1.45 billion in 2022. The market is set to grow from USD 1.51 billion in 2023 to USD 2.23 billion by 2030, exhibiting a CAGR of 5.75% over the forecast period. The rise can be credited to the surging product demand on account of government ban on single-use plastics.

This information is provided by Fortune Business Insights™ in its research report, titled “Paper Straw Market, 2023-2030”.

Fortune Business Insights™ lists out…

According to Fortune Business Insights, the global cosmetics market size is expected to gain momentum by reaching USD 415.29 billion by 2028 from USD 287.94 billion in 2021 while exhibiting a CAGR of 5.0% between 2021 to 2028. In its report titled, “Cosmetics Market, 2021-2028,” Fortune Business Insights mentions that the market stood at USD 277.67 billion in 2020.

In recent times, the demand for makeup and skincare products has surged dramatically. Both men and women use it to…

The global condom market size is expected to reach USD 10.97 billion by 2028, exhibiting a CAGR of 9.4% during the forecast period. The growing awareness regarding STDs such as, hepatitis B, Syphilis, trichomoniasis, and chlamydia can fuel demand for condoms, which, in turn, will aid the expansion of the market, states Fortune Business Insights, in a report titled, “Condom Market, 2021-2028.” The market size stood at USD 5.31 billion in 2020.

The coronavirus incident has caused…

According to Fortune Business Insights, the global sun care products market is set to gain traction from the increasing development of innovative devices for measuring sunlight intensity. Manufacturers are doing so to enhance sun-safety habits among people worldwide. This information is given by Fortune Business Insights™ in a new report, titled, “Sun Care Products Market, 2020-2027.” The report further states that the sun care products market size was USD 13.03 Billion in 2019 and is…

The global sports apparel market share was valued at USD 195.50 Billion in 2022 and is expected to reach USD 203.26 Billion in 2023. The industry is projected to be valued at USD 271.77 Billion by 2030, recording a CAGR of 4.24% during the forecast period.

The market has registered steady growth in recent years due to factors, such as new product launches and rising participation in sports activities in countries, such as India, the U.S., and others. The growing preference for outdoor…

According to Fortune Business Insights, the global travel retail market size is anticipated to hit USD 96.11 billion by 2029 and exhibit a CAGR of 8.1% during the forecast period. The increasing number of international travelers is likely to drive the market’s growth. Fortune Business InsightsTM has presented this information in its report titled, “Travel Retail Market, 2022-2029”. The market size stood at USD 51.28 billion in 2021 and USD 55.74 billion in 2022.

Additionally, the…

The global luxury furniture market size was valued at USD 21.67 billion in 2022 and is projected to grow from USD 22.78 billion in 2023 to USD 33.31 billion by 2030, recording a CAGR of 5.57% during the forecast timeframe of 2023-2030.

The industry outlook is being positively influenced by growing consumer spending and various other factors such as household debt levels, per-capita income, and consumer expectations. Other aspects, such as ever-increasing disposable income, improvement…

The global furniture market size was valued at USD 475.4 billion in 2020. The market is projected to grow from USD 493.6 billion in 2021 to USD 720.2 billion by 2028, exhibiting a CAGR of 5.05% during the forecast period.

Elegant home decor successfully accentuates the beauty of the living area. The market for such products is primarily driven by expanding home remodeling and decoration trends among the global population. Customers primarily like to purchase intricately engineered…

The global mosquito repellent market size was valued at USD 6.23 billion in 2021 and is projected to grow from USD 6.51 billion in 2022 to USD 9.30 billion by 2029, exhibiting a CAGR of 5.23% during the forecast period. The rising temperature on the earth due to growing greenhouse gases in the atmosphere has contributed to a rise in the mosquito population. This has elevated the need for…

The global cashmere clothing market share was valued at USD 3.20 Billion in 2022 and is expected to be worth USD 3.33 Billion in 2023. The industry is projected to be valued at USD 4.44 Billion by 2030, recording a CAGR of 4.2% during the forecast period.

Cashmere is one of the most luxurious types of wool. This type of wool grows best during the cold season, and countries, such as…

The global baby care products market size was valued at USD 204.75 billion in 2021 and USD 215.13 billion in 2022. The market is expected to reach USD 331.92 billion by 2029 with a CAGR of 6.4% during the forecast period. Baby care products have been growing as they are the basic requirement for any baby. Increase in the number of new born babies has given rise in demand for baby oil, baby shampoo, baby powder, diapers, baby wipes, baby seat and safety products, baby food, baby apparel, and…

The United States Sports Drink Market size was valued at USD 6.50 billion in 2021 and is projected to grow from USD 6.77 billion in 2022 to USD 9.38 billion by 2029, exhibiting a CAGR of 4.76% during the forecast period.

This information is presented by Fortune Business Insights, in its report titled, “United States Sports Drink Market, 2022-2029.”

Supply Chain Interruptions…

The global luxury furniture market size was valued at USD 21.67 billion in 2022 and is projected to grow from USD 22.78 billion in 2023 to USD 33.31 billion by 2030, recording a CAGR of 5.57% during the forecast timeframe of 2023-2030.

The industry outlook is being positively influenced by growing consumer spending and various other factors such as household debt levels, per-capita income, and consumer expectations. Other aspects, such as ever-increasing disposable income, improvement…