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The South American digital wallet industry recorded total transactions of US$44.954 billion in 2021 and is expected to grow at a CAGR of 49.34% to US$744.878 billion by 2028. The South American region is estimated to have a large share during the projected period. The adoption of mobile payment applications, like Mercado Pay, PayPal, Rappi, and PicPay, among others, by shops and services worldwide is progressing quickly. This trend is anticipated to persist dur
The South Korean protective clothing market is projected to grow at a CAGR of 4.55% over the forecast period, increasing from US$201.442 million in 2021 to reach a total market size of US$275.076 million by 2028.
The software as a medical device (SaMD) market is estimated to grow at a CAGR of 51.88% during the forecast period. The software as a medical device (SaMD) market is estimated to grow at a significant rate during the forecast period. This growth can be attributed to the increasing demand for digital health solutions, driven by the need for remote patient monitoring and telehealth. T
The United Arab Emirates passenger information systems market is expected to grow at a compound annual growth rate of 11.01% during the forecast period. The market was valued at US$234.788 million in 2021 and is anticipated to reach a total market size of US$487.818 million by 2028. The passenger information system serves as the means of communication between a transit agency and its passengers. It facilitates the transmission of travel schedules, timely announ
The GCC rigid packaging market is estimated to grow at a CAGR of 3.63% during the forecast period. Rigid packaging refers to the use of stiff and durable materials, such as plastics, metals, and glass, for packaging various products. This form of packaging offers structural integrity and protection to goods, making it ideal for industries like food and beverage, pharmaceuticals, cosmetics, and consumer goods. The market is characterized by a diverse range of rigid pac
The China instant coffee market is projected to grow at a CAGR of 8.49% over the forecast period, increasing from US$2,330.940 million in 2021 to reach a total market size of US$4,122.516 million by 2028. The transition from traditional tea consumption to coffee along with global coffee chains shifting to China is boosting the market growth for instant coffee in the anticipated time frame.
The Egypt canned food market is expected to grow at a compound annual growth rate of 7.13% during the forecast period to reach a market size of US$1,409.101 million in 2028, from US$869.919 million in 2021. Canned food is preserved in an airtight container to extend the shelf life. They are preferred by consumers due to their convenience, shelf life, nutritional value, and easy-to-cook be
The European canned food packaging market is estimated to grow at a CAGR of 2.63% during the forecast period. Canned food packaging refers to the process and materials used for packaging food items in metal cans. Canned food packaging involves sealing food products in airtight containers made of materials such as aluminum or steel. This packaging method offers several benefits, including extended shelf life, preservation of food quality, protection against contaminati
The Asia-Pacific cosmetics packaging market is estimated to grow at a CAGR of 6.16% during the forecast period. Cosmetics packaging refers to the materials, design, and functionality used to present and protect cosmetic products. It plays a crucial role in attracting consumers, communicating product identity, and ensuring product safety and integrity. Cosmetics packaging often incorporates elements like bottles, jars, tubes, compacts, and labels, which are chosen base
Spain's corporate wellness market is projected to grow at a CAGR of 2.69% during the forecast period increasing from US1.316 billion in 2021 to US$1.584 billion by 2028. Numerous companies and firms across various industrial sectors have begun adopting health programs for their staff, which is anticipated to increase demand of Spain's corporate wellness industry. The country's work ethic, which can b
The United Arab Emirates canned food market is estimated to grow at a CAGR of 3.81%, reaching US$325.872 million in 2028 from US$250.789 million in 2021. The UAE offers one of the best living standards and the most diverse economies in the world.
The China fresh food packaging market is estimated to grow at a CAGR of 7.26% to reach US$56.641 billion by 2028 from US$33.462 billion in 2021. Fresh food packaging is a technique that helps prevent the food from changing its state or helps prevent contamination of the food. This new packaging is gaining popularity around the world as there is a significant increase in health consciousness, and there is an increasing awareness among people regarding the consumption