Hammocks Market Future Scope Competitive Analysis & Revenue by Fact MR The global hammocks market (해먹 시장) is currently valued at US$ 395 million and is projected to reach US$ 668.3 million by 2032. Sales of hammocks worldwide are anticipated to grow at a compound annual growth rate (CAGR) of 5.4% from 2022 to 2032. The hammocks market has witnessed remarkable growth in recent years, fueled by a blend of outdoor leisure trends, home relaxation preferences, and evolving consumer lifestyles. This versatile product category encompasses various types, materials, and applications, catering to a diverse range of needs and preferences. From traditional fabric hammocks to modern hammock chairs and stands, the market offers a plethora of options for both outdoor enthusiasts and homebodies alike. Want Full Report? Enquire Here-https://www.factmr.com/report/777/hammocks-market Outdoor Leisure Trends Driving Market Growth One of the primary drivers propelling the hammocks market (Hängemattenmarkt) is the increasing popularity of outdoor leisure activities. With more individuals embracing camping, hiking, and backyard relaxation, there has been a surge in demand for portable and comfortable relaxation solutions. Hammocks, with their ease of setup, portability, and comfort, have emerged as a favored choice for outdoor enthusiasts seeking relaxation amidst nature. Modern designs incorporating features like mosquito nets and rain covers have further enhanced their appeal, making them an essential accessory for outdoor adventures.

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Botanical Extract Market Size & Growth Report by Fact MR The global botanical extract market (식물 추출물 시장) is anticipated to reach a value of US$ 13.5 billion by the end of 2033, growing at a compound annual growth rate (CAGR) of 8% from 2023 to 2033. Botanical extracts have gained immense popularity due to their health benefits and diverse applications across industries, driving market growth. As consumer preferences evolve, the botanical extract market is expected to continue expanding, presenting opportunities for manufacturers, suppliers, and retailers to cater to the demand for natural and sustainable products. Asia Pacific and Europe are set to be key regional markets in this business. Want Full Report? Enquire Here-https://www.factmr.com/report/botanical-extract-market Key Takeaways from Market Study The global botanical extract market was valued at US$ 5.7 billion in 2022, with worldwide demand expected to increase to US$ 6.16 billion by 2023. Projections indicate that the market will reach US$ 13.5 billion by the end of 2033, expanding at a compound annual growth rate (CAGR) of 8% from 2023 to 2033. The powder segment, in particular, is anticipated to grow at a CAGR of 7.5%, potentially reaching a market size of US$ 7.8 billion by the end of the forecast period. The food and beverages sector is a significant driver, having accounted for 49% of the market share in 2022.