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Ashutoshseo18 Dec, 2025Business
The South Korea fruit juice market size is projected to exhibit a growth rate (CAGR) of 7.7% during 2025-2033. The growing health consciousness, diverse fruit varieties, rapid urbanization and busy lifestyles, rising disposable income levels, effective marketing and branding efforts, emerging health and wellness trends, increasing popularity of e-commerce sector represent some of the key factors driving the market.
Ashutoshseo17 Dec, 2025Business
The South Korea recycled plastics market size reached 12.9 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 22.5 Million Tons by 2033, exhibiting a growth rate (CAGR) of 6.05% during 2025-2033. Plastic recycling refers to the process of recovering and reprocessing post-industrial plastic into valuable products. Some of the common types of plastics include polyethylene terephthalate (PET), high-density polyethylene (HDPE), polypropylene (PP), and low-density polyethylene (LDPE).
Ashutoshseo11 Dec, 2025Business
The South Korea virtual reality gaming market size reached USD 934.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 5,101.5 Million by 2033, exhibiting a growth rate (CAGR) of 19.72% during 2025-2033.Virtual reality (VR) games offer immersive and interactive games that are operated using smartphones, standalone systems, specialized game consoles or high-end computers.
Ashutoshseo10 Dec, 2025Business
South Korea autonomous vehicle market size reached USD 1.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 17.0 Billion by 2033, exhibiting a growth rate (CAGR) of 31.4% during 2025-2033. Numerous advancements in transportation, safety, and sustainability by key players while contributing to the nation's reputation as a tech-forward and innovative society are primarily augmenting the market growth across the country.
Ashutoshseo06 May, 2025Business
The global frozen food packaging market is gaining momentum, with its value reaching USD 48.73 billion in 2024. According to IMARC Group, the market is projected to soar to USD 71.68 billion by 2033, growing at a steady CAGR of 4.16% between 2025 and 2033. Europe leads the charge, accounting for over 44% of the global share in 2024. Key growth drivers include rapid innovation in frozen food products, heightened consumer awareness about the nutritional benefits of frozen fruits and vegetables, and the rise of customized packaging solutions tailored to various product types and sizes. As consumer demand evolves, packaging companies are seizing new opportunities to deliver convenience, sustainability, and freshness.
Ashutoshseo05 May, 2025Business
The extended warranty market is experiencing robust growth, with its global value hitting USD 147.1 billion in 2024. According to the IMARC Group, the market is projected to reach USD 239.0 billion by 2033, expanding at a CAGR of 5.5% from 2025 to 2033. This growth is fueled by the increasing demand for financial protection against unexpected product failures, surging sales of high-ticket consumer goods, and the growing complexity of modern electronics, appliances, and vehicles. As consumers seek added peace of mind and manufacturers navigate higher product intricacy, extended warranties are becoming a vital component of the post-sale experience.
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