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Showing posts from May, 2023

Leading Digital Payment Companies Around the World | Global Industry Report 2023

Digital payment represents the process of transferring money from one account to another using various digital devices, including mobile phones, computers, points of sales (POS), etc., via the internet. Based on payment mode, it can be categorized into bank cards, digital currencies, net banking, digital wallets, and other types. These digital payment solutions are extremely convenient as they reduce dependency on cash and increase the speed of transactions. They even provide high transparency and security with improved traceability and accountability and lower the risk of money theft. Digital payment systems are processed by secure gateways and enhance financial inclusion by improving access to numerous financial services, which include savings accounts and insurance and credit products. Consequently, they find extensive applications across several sectors, such as media and entertainment, automotive, retail, healthcare, transportation, education, etc. Industry Overview: The global di

Lipstick Market Analysis, Industry Trends, Drivers and Forecast 2023-2028

IMARC Group has recently released a new research study titled “ Lipstick Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. The global lipstick market size reached US$ 8.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028. Industry Definition: Lipstick is a cosmetic product that is applied to the lips to enhance their appearance, color, and texture. It typically consists of a mixture of waxes, oils, pigments, and other ingredients, which are combined to create a smooth, creamy texture that can be easily applied to the lips. Lipsticks come in a wide variety of colors and shades, ranging from subtle and natural to bold and vibrant. They may also contain additional ingredie

Drone Package Delivery Market Growth, Share, Trends and Future Demand 2023-2028

According to IMARC Group’s latest report, titled “ Drone Package Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, the global drone package delivery market size reached US$ 1,149.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 4,514.3 Million by 2028, exhibiting a growth rate (CAGR) of 23.5% during 2023-2028. Industry Definition: Drone package delivery is a method of delivering packages or goods using unmanned aerial vehicles (UAVs), commonly known as drones. The process involves a drone picking up a package from a designated location and transporting it to a specific destination. Drone delivery is deemed as a potential solution to the challenges faced by traditional delivery methods, such as traffic congestion and long delivery times. It also has the potential to provide faster and more cost-effective delivery services, particularly for remote or hard-to-reach areas. Market Trends and Drivers: The inflat

Offshore Support Vessels Market Size, Industry Trends and Growth Drivers 2023-2028

According to IMARC Group’s latest report, titled “ Offshore Support Vessels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, the global offshore support vessels market size reached US$ 43.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028. Offshore support vessels (OSVs) are specialized ships designed to provide support and services to offshore oil and gas exploration and production operations. These vessels are used to transport personnel, equipment, and supplies to offshore installations, and can also be used for various other tasks, including towing, anchor handling, firefighting, and rescue operations. OSVs are typically equipped with advanced navigation and communication systems, as well as specialized equipment, such as cranes, winches, and helidecks. They play a crucial role in the offshore oil and gas industry, ensuring the safe a

Saffron Market Size, Demand and Industry Report 2023-2028

The global saffron market is expected to exhibit a growth rate (CAGR) of 8% during 2023-2028. Saffron is an aromatic, golden-colored spice derived from the stigmas of the saffron crocus flower. Saffron acts as a natural antioxidant and anti-depressant as it contains crocin, crocetin, safranal, and kaempferol, which aids in the treatment of various medical ailments, including asthma, cough, cold, and measles. On account of these properties, saffron is widely utilized in the manufacturing of pharmaceutical drugs, perfumes, dyes, and various food products. Market Trends and Drivers: The market is majorly being driven by rapid expansion in the food and beverage (F&B) industry, wherein it is used as a key coloring and flavoring agent. In line with this, the increasing health consciousness and rising awareness regarding the health benefits of saffron are further catalyzing the market growth. Additionally, the pharmaceutical industry is predominantly utilizing saffron to develop medicines

Syrup Market Overview, Industry Size, Growth, Future Demand and Forecast to 2027

According to IMARC Group’s latest report, titled “ Syrup Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the global syrup market is expected to exhibit a CAGR of 4.13% during 2022-2027. Syrups refer to thick, sweet, and viscous liquids that consist of highly concentrated sugar solution and flavoring agents. Some of the most commonly available syrups include chocolate, maple, corn, fruit, tapioca, flavored, and malt syrups. They are widely used as toppings, taste enhancers, sweeteners, flavoring agents, food additives, and beverage concentrates. They are also employed as natural preservatives to reduce water activity and utilized in medicines to improve their taste. As a result, syrups find extensive applications in bakery products, candies, frozen desserts, confectioneries, beverages, and pharmaceuticals. Market Trends and Drivers The emerging product applications in the food and beverage industry and the increasing consumption of ready-to-eat

Laparoscopic Devices Market Overview, Industry Size, Share, Top Companies, Growth Drivers and Forecast 2023-2028

The latest report published by IMARC Group, titled “ Laparoscopic Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ,” offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.  The global laparoscopic devices market size reached US$ 8.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028. Laparoscopic devices represent medical equipment utilized for accessing the abdominal and pelvic region for laparoscopic surgeries. Some of the common product types include trocars, cannulas, forceps, rigid scopes, incision closure devices, retractors, knot pushers, bowel, grasper, surgical mesh, etc. These laparoscopic devices are used for adjusting tissues and allowing ergonomic rotations, grasping, and locking

Webcams Market Trends, Size, Demand, Statistics, Top Companies and Global Industry Report 2023-2028

IMARC Group has recently released a new research study titled “ Webcams Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. The global webcams market is expected to exhibit a growth rate (CAGR) of 9% during 2023-2028. Webcams are small, digital cameras that are designed to capture video and transmit it over the internet in real time. They are typically connected to a computer or mobile device through a USB port or wireless connection and are used for a variety of purposes, including video conferencing, live streaming, and security monitoring. Webcams can capture both video and audio, and many models also have built-in microphones for this purpose. They have become increasingly popular in recent years as more people work remotely and participate in virtual meetings. In addition

India PET Packaging Market Size, Demand, Leading Companies, Industry Share and Opportunity 2023-2028

According to IMARC Group’s latest report, titled “ India PET Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, the India PET packaging market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.87% during 2023-2028. Polyethylene terephthalate (PET) packaging is a type of plastic packaging used for various consumer products, such as food, beverages, pharmaceuticals, and personal care items. PET is a lightweight and durable material that is resistant to impact, moisture, and chemicals. It is also transparent and allows consumers to see the contents of the package. PET packaging is widely used as it is cost-effective and easy to manufacture. Consequently, it finds extensive applications across industries, such as food and beverage (B&V) and pharmaceuticals. Request for a Free Sample Copy of this Report:   https://www.imarcgroup.com/india-

Car Rental Market Analysis, Industry Size, Demand, Leading Companies, Growth Drivers and Opportunity 2023-2028

According to IMARC Group's latest report, titled “ Car Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, ” the global car rental market size reached US$ 79.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 95.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.1% during 2023-2028. Year Considered to Estimate the Market Size: Base Year of the Analysis: 2022 Historical Period: 2017-2022 Forecast Period: 2023-2028 Car rental refers to the practice of renting a car for a short period of time, usually for a few days or weeks. It is a service offered by rental companies, which allow customers to rent vehicles for various purposes, such as travel, business, or leisure. One of the key features of car rental service is its convenience and flexibility. Customers can choose from a variety of vehicles and rental options, such as daily, weekly, or monthly rentals. Car rental companies often offer additional