Market Material Research

  Insulation Industry Overview The global insulation market size was estimated at USD 57.95 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% over the forecast period.  Increasing consumer awareness regarding energy conservation is estimated to have a positive impact on the market over the forecast period. The global insulation industry has experienced limited growth as a consequence of the economic recession caused by the COVID-19 crisis, which has resulted in low investor confidence and a decline in construction activities, as a result, the insulation materials market has also experienced a catastrophic setback. The COVID-19 pandemic in the U.S affected the growth of the engineering and construction industries. The stay-at-home instructions and social distancing mandates have slowed both new and retrofit project sites in both the residential and commercial fields. In the U.S., the glass wool sector accounted for the largest share in 2021 and

  Glamping Industry Overview The global glamping market size was valued at USD 2.35 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.9% from 2022 to 2030. The increasing influence of social media among consumers is expected to create awareness about glamping and its benefits. In addition, major discounts, as well as irresistible holiday packages offered by various tourism sites, are expected to have a positive impact on the industry. Furthermore, factors including preferences for experiences over traditional pampering and possessions, the availability of time, and willingness by consumers to pay for luxury travel are some of the factors that will boost the industry growth during the forecast period. In recent years, glamping is referred to as “modern camping”, and has become a popular trend at a number of music festivals across the world. Glamping is offered as an upgrade option at music festivals at reasonable prices, especially if it is a mul