Rising Demand in Textiles and Beyond Fuels Silk Market Expansion

The global silk market is poised for remarkable growth, with its value reaching USD 20.0 billion in 2024 and projected to soar to USD 35.6 billion by 2033, growing at a CAGR of 6.62%. This steady rise is driven by increasing demand in the textile industry, where silk is prized for its unmatched softness, luster, and durability. Visit us- https://www.imarcgroup.com/silk-market

Rising Popularity of Capsule Hotels: Market Set to Hit $252.9 Million by 2033

The global capsule hotel market is gaining momentum, with its value reaching USD 117.4 million in 2024 and projected to soar to USD 252.9 million by 2033, growing at a CAGR of 8.46% from 2025 to 2033. This impressive growth is fueled by the rising popularity of budget-friendly, space-efficient lodging among solo travelers, millennials, and digital nomads. As urban areas face high real estate costs and travelers seek affordable yet unique accommodations, capsule hotels are emerging as a smart, stylish solution in the evolving hospitality landscape. Visit us- https://www.imarcgroup.com/capsule-hotel-market

Wood Pellet Market Trends 2024-2033: Growth Driven by Renewable Energy Demand and Government Support

The wood pellet market is gaining strong momentum, with its global value reaching USD 14.0 billion in 2024 and projected to soar to USD 22.6 billion by 2033, according to IMARC Group. This growth reflects a CAGR of 5.5% from 2025 to 2033. Europe remains the market leader, capturing over 47.9% share in 2024, driven by robust energy policies and carbon reduction goals. As the push for renewable energy intensifies, wood pellets are becoming a preferred solution across residential and industrial sectors. Key growth factors include rising biomass power generation, government initiatives promoting sustainability, and the widespread adoption of wood pellets as an eco-friendly energy alternative. Visit us- https://www.imarcgroup.com/wood-pellet-market