The global liquid masterbatch market is experiencing significant growth, fueled by the increasing demand for color and functional additives in various industries. This comprehensive market analysis explores key drivers, trends, and forecasts, highlighting the potential of liquid masterbatches to reach US$19.2 billion by 2034.
Results for: Industry Growth
The Indian hospitality sector is experiencing a significant shift, driven by the growing spending power of domestic tourists. This has led to a change in focus from attracting foreign visitors to catering to the needs of Indian travelers. The government is also actively supporting the sector with infrastructure development and policy initiatives.
According to Beau Whitney, founder and chief economist at Whitney Economics, the cannabis industry is projected to reach $32 billion in total retail sales by 2024, with the potential to double within the next few years. However, significant challenges remain, including financial struggles and regulatory complexities.
A new survey by Flight Centre Travel Group reveals a significant increase in business travel spending and frequency for the upcoming fiscal year. The global survey, encompassing insights from over 560 clients, indicates a positive outlook for the industry, driven by companies’ commitment to fostering connections and driving innovation through travel.
Pegasus Elite Aviation, a private charter subsidiary of Prima Air, has experienced remarkable growth this summer, surpassing industry trends with significant increases in flight hours and fleet utilization. The company attributes this success to strategic improvements, a strong focus on customer satisfaction, and its partnership with Prima Air.
The cannabis industry continues to thrive, with new dispensaries opening in Florida, Ohio, New Jersey, New Mexico, and Michigan. This growth is fueled by the legalization of recreational marijuana in several states and the increasing demand for cannabis products. Meanwhile, Canadian cannabis giant High Tide Inc. celebrates a major milestone with its Cabana Club loyalty program surpassing 1.5 million members.
The global Pulp and Paper Processing Chemicals Market is projected to experience substantial growth, reaching US$ 57.49 billion by 2034. This growth is primarily driven by the increasing demand for specialty papers, particularly in high-end printing, packaging, and specialized applications. The market is also being propelled by the expansion of the e-commerce industry and the growing use of recycled paper.
U.S. travel agencies experienced an unprecedented surge in air ticket sales in April 2024, reaching a remarkable $9.1 billion. This figure represents a substantial 4% increase compared to the same month in 2023 and surpasses all previous April sales records since data collection began in 2017. Along with the increase in ticket sales, ancillary sales rose by an impressive 21% year-over-year, reaching $30 million, while the number of such transactions increased by 46% to a total of 535,345.
The Arabian Travel Market (ATM) has unveiled plans for its 2024 edition, set to take place from May 6th to 9th at the Dubai World Trade Centre. The event will serve as a hub for industry professionals to connect, explore emerging trends, and drive growth in the travel and tourism sector.
The explosive growth of Esports has led to a rise in professional gamers, but as the industry faces stagnation, concerns about the long-term prospects are emerging. Once seen as the next NBA, Esports is now facing questions about its financial viability. This article explores the origins of competitive gaming and examines the factors that have contributed to the recent decline in enthusiasm for the industry.