Lithium Industry The global lithium market was valued at USD 31.75 billion in 2023 and is forecasted to grow at a compound annual growth rate of 17.7% between 2024 and 2030. One of the primary drivers of this growth is the increasing adoption of electric vehicles, which require substantial quantities of lithium-ion batteries. This trend is expected to significantly support market...

eVTOL Aircraft Industry The global eVTOL (electric Vertical Takeoff and Landing) aircraft market was valued at USD 1.35 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 54.9% from 2024 to 2030. One of the key factors driving the growth of the eVTOL market is the continuous development and enhancement of battery technologies. As batteries become more...

Shipping Container Industry The global shipping container market was valued at USD 6.41 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 12.0% from 2020 to 2028. This high growth is largely driven by the increase in maritime shipping, which is a result of more trade agreements being formed between nations. Most shipping containers are manufactured...

Tequila Industry The global tequila market size was valued at USD 10.53 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2030. A major growth driver is the increasing consumer demand for premium and artisanal tequila. As preferences shift from quantity to quality, a growing segment of consumers particularly younger demographics is...

Coffee Industry The global coffee market was valued at USD 223.78 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.4% during the period from 2024 to 2030. A major factor driving this growth is the steadily increasing demand for coffee worldwide. Coffee ranks among the most widely consumed beverages across the globe, and its popularity is rising...

Furniture Industry The global furniture market was valued at USD 677.09 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.9% during the period from 2023 to 2030. This anticipated growth is attributed to several key factors, including the rise in disposable incomes, expansion in both the hospitality and housing sectors, ongoing advancements in the...

Contract Packaging Industry The global contract packaging market was valued at USD 69.35 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2030. This growth is primarily driven by the increasing trend of outsourcing among companies across various industries, which is fueling the demand for contract packaging solutions worldwide....

Gum Rosin Industry The global gum rosin market is estimated to reach USD 3.33 billion by 2030, registering a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is primarily driven by the increasing demand for gum rosin, particularly due to the expansion of the synthetic rubber industry,...

Large And Small-Scale Bioprocessing Industry The global large and small-scale bioprocessing market was valued at USD 80.5 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 13.8% from 2025 to 2030. Bioprocess engineering has proven to be an effective approach for the development of biopharmaceuticals, providing both bio-manufacturers and contract...

Agricultural Fumigants Industry The global agricultural fumigants market is projected to reach USD 1.65 billion by 2030, registering a compound annual growth rate (CAGR) of 5.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The major driving factors for this growth include the rising global demand for chloropicrin, 1,3-dichloropropene, phosphine, and metam...