Press Releases

Global Electric Bus Market Will Reach an Estimated Volume sales of 33,854 units by 2020.

Posted on - Apr 27, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Electric Bus: Asia Pacific to Witness Highest Growth by 2020”, the global electric bus market is expected to grow at a CAGR of 28.0% during 2014 to 2020, to reach an estimated volume sales of 33,854 units by 2020. Governments of various countries are focusing on no or low pollution transportation systems to tackle rising pollution. This, in turn, is driving the electric bus market. Based on drive system, electric buses are categorized as pure electric, hybrid electric, and plug-in hybrid.

Global Corrugated Packaging Market Will Reach US$ 173.6 million by 2020

Posted on - Apr 27, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Corrugated Packaging: Glassware and ceramics application to witness highest growth by 2020”, the global corrugated packaging market is expected to grow at a CAGR of 4.0% during 2014 to 2020, to reach an estimated USD 173.6 million by 2020. The corrugated packaging market is thriving mainly due to growing end-user industries, including food, medicine, consumer durables, rubber, and petroleum. Benefits associated with corrugated packaging such as sustainability and low cost makes it one of the preferred modes of packaging across various industries

Global Uveitis Treatment Market Will Reach US$ 822.5 million by 2020

Posted on - Apr 27, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Uveitis Treatment: Asia to Witness fastest Growth by 2020,” the global uveitis treatment market was valued at USD 539.0 million in 2014 and is expected to expand at a CAGR of 7.3% from 2014 to 2020, to reach USD 822.5 million by 2020. Globally, the uveitis treatment market is witnessing significant growth due to increasing prevalence of uveitis and related complications, and increasing aging population. 

Dietary Supplements Market Will Reach US$ 179.8 Billion, Globally in 2020

Posted on - Apr 23, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Dietary Supplements: Botanical Supplements To Be The Largest Market by 2020,” the global dietary supplements market was valued at USD 109.8 billion in 2013 and is expected to grow at a CAGR of 7.4% from 2014 to 2020, to reach an estimated value of USD 179.8 billion in 2020. A growing interest in healthy lifestyle is leading to an increase in the consumption of healthy food. Dietary supplements are the best choice for consumers looking to adopt a healthy lifestyle.

Global Compression Therapy Market Will reach US$ 3,232.3 million by 2020

Posted on - Apr 22, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Compression Therapy - Asia to Witness Highest Growth by 2020”, the global compression therapy market was valued at USD 2,377.8 million in 2014 and is expected to expand at a CAGR of 5.2% from 2014 to 2020, to reach USD 3,232.3 million by 2020. Compression therapy is a procedure entailing the delivery of external force to tired and aching legs and other relevant anatomical targets where compression is required for management

Global Cleanroom Technology Market Will Reach US$ 4,290.1 million by 2020

Posted on - Apr 10, 2015

Cleanroom refers to an enclosed space constructed in such a manner so as to control the concentration of airborne particles such as particulates (dust, hair), chemicals (oil, grease), microorganisms (bacteria, fungus), and radiations. Additionally, temperature, humidity, pressure, electrostatic charge, magnetic flux, and other factors in cleanrooms can also be maintained as per the requirement. Globally, the cleanroom technology market is witnessing significant growth due to growing regulatory concerns regarding the packaging, manufacturing, and processing of better quality products, and safety of the working personnel.

The U.S. Beauty Device Market Will Reach US$ 25,375.7 million by 2020

Posted on - Apr 10, 2015

The U.S. beauty devices market is witnessing significant growth due to rise in geriatric population, as these beauty devices help reverse skin aging. Moreover, increasing prevalence of obesity resulting in cellulite accumulation and skin diseases, and harmful effects of ultraviolet radiation are also driving the market. However, there are various risks and complications associated with beauty devices such as bruising, swelling, and redness. Furthermore, wide availability of easy-to-use beauty products inhibits the growth of the U.S. beauty devices market.

South Africa UHT Milk Market Will Reach US$ 1185.3 million in 2019

Posted on - Apr 10, 2015 South Africa is a major dairy-consuming country in the African region where liquid milk accounts for approximately 60% of the total dairy product consumption. The pasteurized milk market in the country has been declining, whereas the UHT milk market is growing at a rapid pace. The UHT milk market in the country is expected to exhibit a double digit CAGR during 2013 - 2019. The increasing acceptability of UHT milk among all economic classes of the country has been a major driver for the growth of this market. Among provinces, Gauteng dominated UHT milk sales in South Africa; however, with rising urbanization in other provinces, its share is expected to decrease during the forecast period.

Global Luggage Market Will Reach US$ 43.4 billion in 2020

Posted on - Apr 10, 2015

Increasing urbanization and changing lifestyles are the key drivers for the global luggage market. Technological advancements are further creating opportunities for luggage sales among high net-worth individuals, for whom safety is a major concern. Increasing travel and tours, rising business activities, and growing number of educational courses are further propelling the demand for luggage. Luggage is sold through various types of distribution channels such as specialist retailers, factory outlets, supermarkets, hypermarkets, and internet sales. Owing to the boom in online commerce, luggage sales through the Internet have been growing at a significant pace.

Global Surgical Lamps Market Will Reach US$ 7,28,915.2 Thousand by 2020

Posted on - Mar 23, 2015

The global surgical lamps market was valued at USD 5,54,938.8 thousand in 2014 and is expected to grow at a CAGR of 4.6% from 2014 to 2020, to reach USD 7,28,915.2 thousand by 2020. Surgical lamp is a medical device which provides optimal illumination during surgical procedures such as neurosurgery, dental surgery, endoscopic surgery, and optical surgery. These devices provide optimally bright and shadow-free high-intensity light that is perfect for the visualization of small and low-contrast objects within the body cavity during surgeries.