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The Mexico car rental market is predicted to grow at a CAGR of 7.06% from US$2.927 billion in 2021 to US$4.720 billion by 2028. Significant growth in the travel and tourism industry of the country is one of the key factors driving the growth of the market. Many visitors and tourists choose to use a car rental service throughout their vacation to make their travel easier. The rising number of foreign tourists in the country is the ma
The South Korean corporate wellness market is estimated to grow at a CAGR of 6.89% to reach US$2,614.164 million in 2028 from US$1,639.423 million in 2021. The effectiveness of an organization is considered to be contingent on the productivity and performance of its workforce. Health and wellness initiatives, which historically emphasized employees' overall well-being help employees operate and perform at a high leve
The Japan corporate wellness industry is estimated to grow at a CAGR of 8.46% to reach US$7.423 billion in 2028 from US$4.204 billion in 2021. Corporate wellness in Japan is expected to show significant growth owing to the growing employee awareness of their mental and physical health coupled with the favorable efforts undertaken by the Japanese business community to improve employee morale and increase productivity. Also, implementing an employee wellness prog
The transaction value of the North American digital wallet industry is projected to witness a compound annual growth rate of 16.20% to grow to US$416.703 billion by 2028, from US$145.688 billion in 2021. Payment systems have adapted swiftly to how consumers pay for products and services ever since the start of the COVID-19 outbreak. There was a dramatic change in how purchases were made p
The Indian anti-rheumatic drugs market is estimated to grow at a CAGR of 5.01%, reaching US$6423.254 million in 2028 from US$4561.441 million in 2021. Indian anti-rheumatic drugs market is growing due to the rising rheumatoid arthritis prevalence, increased knowledge of other autoimmune disorders, and the rising incidence of chronic disorders like obesity and diabetes. Further, by expanding funding for medical education and training and encouraging the dis
The Thailand canned food market is estimated to grow at a CAGR of 4.96%, reaching US$314.525 million in 2028 from US$224.135 million in 2021. The prime reason which is expected to drive the canned food demand in the country is a surge in household disposable income and lifestyle changes that have accommodated the utilization of canned food in meal preparation or its consumption as a meal itself. Furthermore, the surge in single-person households in the country is also
The Mexico sugar market is expected to grow at a compound annual growth rate of 3.62% over the analysed period to reach a market size of US$4,350.270 million by 2028 from US$3,392.135 million in 2021. In Mexico, sugar is used in a wide range of businesses, including fast food, confectionery, and food and beverages. Due to better weather
The global gadolinium market is estimated to grow at a CAGR of 10.72% to reach US$532.067 million in 2028 from US$260.841 million in 2021. High efficiency and superior metallurgical qualities have been the main development drivers for the gadolinium industry. Gadolinium, even in small amounts, increases the efficiency and thermal resistance of metals like iron. During the projection period, the growing research and development related to gadolinium are anticipated to
The United Kingdom biostimulants market is estimated to grow at a CAGR of 10.88% to reach US$205.371 million by 2028 from US$99.678 million in 2021. Biostimulants are very important for the growth and nutritional benefits of the crops. The term biostimulants mean microorganism or substance, that when applied to the seed, rhizosphere, or plant helps stimulate natural processes and also help in enhancing the nutritional benefit of the plants.
The North American bioplastics market is estimated to grow at a CAGR of 16.64% to reach US$20.952 billion in 2028 from US$7.133 billion in 2021. During the forecast period, factors like rising urbanization, renewability of bio-based products across several sectors, and rising demand from the flexible packaging industry are anticipated to propel the expansion of the North American biodegra
The Spain material handling market is projected to grow at a CAGR of 3.58% over the forecast period, increasing from US$2.574 billion in 2021 to US$3.292 billion by 2028. The increasing investment in the construction industry is expected to propel the demand for material handling equipment in the country. New facilities are being developed by major companies in Spain as they see the increasing potential of material-handling equipment usage. The increase in material ha
India steel grain silo and storage market is projected to witness a compound annual growth rate close to 25% over the period of 2023 and 2028. Grain silos and Storage also identified as grain storage bins are productive and cost-effective grain managing facilities that provide prevention against outside insects and other effects of an efficient handling operation. A silo is a unit used t