GMI Research

  Reusable Water Bottle Market Reached USD 8.5 billion in 2021 and Expected to Reached USD 11.5 billion in 2029, and the market is anticipated to grow at a CAGR of 3.8%. The factors driving the growth of Reusable Water Bottle Market includes emerging need to reduce the burden of plastics on the landfills, rising awareness amongst consumers about the harmful effect of non-reusable water bottles and increasing consumers inclination towards adopting healthy lifestyles. According to the report published by Organization for Economic Co-operation and Development (OECD), around 9% of the plastic is recycled successfully, while 22% is mismanaged, growing focus on reducing the use of plastics is expected to accelerate the Reusable Water Bottle Market share in the approaching years. Moreover, Government regulations to ban single-use plastics, rising popularity of reusable glass water bottles with silicone sleeves and increasing demand for environment friendly sports bottle by athletes,...

Online Travel Mark et Online Travel Market size was valued at USD 540.2 billion in 2021 and is forecast to reach USD 1,263.0 billion in 2029, growing at a strong CAGR of 11.2% The factors driving the growth of Online Travel Market includes expansion of Tourism industry around the world, rising penetration of internet, increasing use of social media applications for travel booking and surge in online payments. According to the report published by Statista, the Travel & Tourism Industry in India is expected to reach USD 14.92 billion by the end of 2022 and the market volume is estimated to reach USD 29.01 billion by 2026, growing at a CAGR of 18.08% over the forecast period (2022-2026), which will boost the Online Travel Market size in the approaching years. Moreover, attractive services offered by online travel agencies such as transport facilities, easy cancellation, and heavy discounts on booking room at hotel and entrance of new players in the market, ar...

  Medical Electronics Market The Medical Electronics Market is projected to grow at a robust CAGR during the forecast period (2021-2028). The factors driving the growth of Medical Electronics Market includes increasing geriatric population, growing demand for portable medical devices and rising use of radiation therapy to treat diseases and financial assistance to senior citizens by Government across the globe. As per the report published by World Health Organization (WHO), the population aged 60 years and above is expected to rise from 1 billion in 2020 to reach 2.1 billion by the end of 2050 and population aged 80 and above are anticipated to triple during 2020 to 2050 to reach 426 million.   Moreover, the growing application of small sized medical devices to monitor blood sugar levels and blood coagulation along with integration of advanced technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) in medical electronic devices, are expected to boos...