Mexico Respiratory Device market is currently estimated to be valued as $0.250 billion for the year 2014 and is expected to reach $0.437 billion by the end of 2019. The CAGR during this period of forecast is estimated to be 11.82%.
Australian home appliances markets is one of the rare developed markets which offer future growth opportunities. This is because of a growth in the population along the east coast, a further real estate penetration inward, and the rising number of home appliances required for new houses, as well as replacement of existing appliances to keep up with the latest technologies and functionalities.
The highest growth sector in home appliances has been kitchen appliances which has seen both disruptive as well as incremental innovation by way of new appliances (offering new types of functions), and improved appliances with properties like increased (electricity) efficiency, longevity, etc.
Top twenty percent of world’s rich control over 95 percent of total global wealth and much of the population in emerging economies, mostly from BRICS countries, are moving from middle class to upper middle class or from being proletariat to middle class.