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The credit bureau services market is expected to grow at a CAGR of 12.6% from 2024 to 2030. The market for credit bureaus is expected to grow in the next few years due to the rising demand for credit cards. Credit card benefits, such as unlimited reward points with usage, insurance protection, discounts, and cashback, help increase credit...Read More »
Polyethylene procurement is rising due to its usage in industries such as packaging, construction, and consumer goods. The polyethylene (PE) market is anticipated to grow at a CAGR of 4.1% from 2024 to 2030. According to I.C.I.S’ 2024 report, the global demand for PE increased by 140% from 1992 to 2023. This was an increase of 2.8 million tons on average each year for the same...Read More »
Propylene Glycol Procurement Intelligence Report, 2024 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive...Read More »
The plastic bottles procurement is gaining traction as beverage companies are seeking lightweight packaging solutions. The plastic bottles market is anticipated to grow at a CAGR of 4.2% from 2024 to 2030. The demand for the product is primarily driven by the beverage industry’s need for lightweight, durable, and cost-effective packaging solutions, coupled with the increasing consumption of bottled water and soft drinks...Read More »
The demand for procurement of personal healthcare devices - wearables & sensors is being driven by the increasing adoption of remote patient monitoring solutions and the implementation of technology such as IoT and AI into wearable devices. The market is anticipated to grow at a CAGR of 11.2% from 2024 to 2030. Wearable fitness technology has made a significant space for itself in the healthcare industry, such that smartwatches and FitBits are considered the mainstream of the...Read More »
The procurement of polyols typically involves sourcing these versatile compounds, which are primarily used in the production of various materials like polyurethane foams, coatings, and adhesives. The global polyols market is predicted to grow at a CAGR of 7.5% from 2024 to 2030. Key factors driving the growth of this industry include growing demand from the construction industry, rise in automotive production, expanding furniture and bedding sector, increasing use in packaging applications, and rising demand for sugar...Read More »
The emphasis is on the procurement aspect of obtaining mining exploration services, ensuring that the necessary resources and expertise are secured to carry out successful mining exploration activities. The global mining market is anticipated to grow at a CAGR of 6.5%** from 2024 to 2030. The five key stages of mining include exploration, discovery, development, production, and...Read More »
The passive electronic components category is anticipated to grow at a CAGR of 5.4% from 2024 to 2030. The increasing adoption of IoT devices, expanding automotive electronics, and the proliferation of consumer electronics drive demand for passive electronic components such as resistors, capacitors, and...Read More »
The onshore crane rental category is anticipated to grow at a CAGR of 4.6% from 2024 to 2030. The rising construction activity levels, infrastructure projects, and industrial expansion are driving the demand for the category. Crane rental services comprise renting out various types of cranes, such as onshore, offshore, marine, mobile, and other cranes. They are increasingly being used for complex activities such as ship loading, and material...Read More »
The global tube packaging category is projected to grow at a CAGR of 5.7% from 2024 to 2030. Key factors driving the growth of the global category include growing consumption of personal care products, rising use of flexible packaging formats, advancements in packaging technology, increasing demand from emerging markets, and a surge in requirement within the pharmaceutical...Read More »
The polyethylene (PE) film category is anticipated to grow at a CAGR of 4% from 2024 to 2030. The demand for the category is driven by its application in various industries such as packaging, agriculture, and construction. The growth is also fueled by its cost-effectiveness, durability, and versatility. The increasing global awareness about sustainability and environmental issues is having a positive impact on category...Read More »
The nylon category is anticipated to grow at a CAGR of 6.5% from 2024 to 2030. The increasing demand for lightweight and durable materials in industries such as automotive, textiles, and consumer goods are driving the growth of the category. The increase in car manufacturing is anticipated to boost the need for nylon employed within the automotive sector. The surge in automobile production can be attributed mainly to the rapid expansion of the Chinese market and the steady growth of the European automotive...Read More »
The global mobile application development category is anticipated to grow at a CAGR of 24.8% from 2024 to 2030. Key factors driving the growth of the category include enormous penetration of smartphones across the globe, rising number of cell phone users utilizing internet, supplemented by uninterrupted and fast internet connectivity, and rising prevalence of advanced technologies in application development, such as artificial intelligence (AI) and machine learning...Read More »
The mining equipment category is anticipated to grow at a CAGR of 5.1% from 2023 to 2030. Mining activities are increasing to extract metals and minerals from the earth in response to the growing demand for these resources, driving the growth of the...Read More »
The heavy mining equipment category is anticipated to grow at a CAGR of 3.5% from 2023 to 2030. The category accounts for around 50% to 60% of the overall mining equipment industry. The constantly expanding mining activities in the Asia Pacific region dominates the category. The region is benefiting from high demand for metals and minerals across a range of sectors...Read More »
The global lime category is anticipated to grow at a CAGR of 3.2% from 2023 to 2030. Growth of the category can be primarily attributed to increase in demand from construction, agriculture, steel, chemical, and manufacturing industries. For instance, lime is used in the production of several vital chemicals such as calcium carbide, cyanamide, propylene glycol, and sodium alkali, and rising demand for these chemicals is propelling the lime...Read More »
The global laundry services category is anticipated to grow at a CAGR of 7.0% from 2023 to 2030. Growth of the category can be attributed to rising demand from the hospitality & healthcare sector, consumer prioritization for well-maintained and clean garments, rapid urbanization, rise in disposable income, and emergence of online and on-demand laundry services. Moreover, the category is witnessing an increase in end-usage among restaurants, educational establishments such as schools and colleges, and...Read More »
The mannequin category is anticipated to grow at a CAGR of 12.6% from 2023 to 2030. The growing significance of visual merchandising in retail and the increasing emphasis on experiential and immersive shopping environments are driving the growth of the category. Furthermore, the evolution of store layouts and a focus on enhancing the experiential aspect of shopping require innovative and visually appealing mannequins. ...Read More »
The global lighting services category is anticipated to grow at a CAGR of 4.5% from 2023 to 2030. Growth of the category can be attributed to rise in global infrastructure projects, innovations in lighting systems, favorable regulatory environment, emergence of Lighting-as-a-Service (LaaS) business model, high demand for LED lighting, and growing demand in applications such as interior design and...Read More »
The global material handling equipments category is anticipated to grow at a CAGR of 5.85% from 2023 to 2030. Key factors driving the growth of the category include innovations in technology and the incorporation of Industry 4.0 into logistics infrastructure and warehouse management systems, growing need for expedited delivery, improved warehouse operations, and effective order...Read More »