The growing requirements of SME have offered mobile money providers an opportunity to fortify their value proposal with the payment-as-a platform, which incorporates several financial institutions offering various third party services to the users. Intuitive mobile payment and mobile banking applications generate prospects for the mobile money market. The global mobile money market is projected …
Monthly Archives: June 2020
Importance of Hygiene and Sterilization to Push Medical Flexible Packaging Market Demand
The packaging sector assumes a significant job in the medical sector. Medical progressions and technological advancements in producing pharmaceuticals are probably going to boost the market development of medical flexible packaging. Medical flexible packaging extends the shelf life of the products and is lightweight, this keeps up the nature of the products which is foreseen …
Marine Fuel Injection System Sales to Expand at 3% CAGR Through 2029; Ceased Production Due to COVID-19 Pandemic Challenges Market Growth
Growing usage of vessels such as sailboats, recreational boats, luxury yacht, and personal watercraft is estimated to drive the global marine fuel injection system market during the assessment period. Sea transport holds 90% of the overseas trade worldwide, owing to its low cost and economical nature in contrast to different modes of transport. With rapid …
Laser Safety Glass Market Sales to Expand at Remarkable 10% CAGR through 2029; COVID-19 Outbreak to Impact Demand till Pandemic Subsides: FMI
Laser safety glasses absorb/filters or lessen the light transmission of a specific wavelength. It is utilized for self-protection from internal factors such as medical, industrial, weapons training, logistics, and R&D. In the military, laser safety glasses shield the user from enemy laser attacks. It is extensively utilized in the healthcare sector, mainly in dermatology and …
Insulated Thermal Box Liners Sales Soar as More Consumers Prefer “Green” Alternatives; Production Halts Amid COVID-19 Outbreak Due to Shortage of Resources & Staff: FMI
Insulated thermal box liners are gaining traction for application in low distance transport of cold storage products owing to the high initial cost of refrigerators, low maintenance, and durability, and heavyweight of the machinery. These effective and economical solutions for transport and cold storage purpose is pulling in consumers and driving the insulated thermal box …
E-tailing Sales Soars as Need for Safe Shopping Goes up Amid COVID-19 Pandemic, Finds a New FMI Study
Continuous developments and advancements of e-commerce platforms incorporated with technologies such as analytics, ML, and AI enable the e-tailing market to broaden its reach. The global e-tailing market is anticipated to account for a valuation of US$ 45,561.7 Bn towards 2030 end. The market is projected to record a CAGR of 14% over the assessment …
Eco-friendly Labels expected to boost the Growth of Continuous Inkjet Inks During 2020-2030; Coronavirus Outbreak to Impacts Supply Chain till Outbreak Subsides
Expansion in globalization and trade has increased the demand for continuous inkjet inks. These inks are known to sustain in harsh weather conditions when utilized for labeling any type of packaging. This has led to an increase in higher sales of continuous inkjets inks across several brands of food, beverage, electronics & electricals, pharmaceuticals, and …
PP homopolymer Market Pegged at US$ 76.67 Bn Value Pool in 2026; Supply Chain Disruption Due to COVID-19 Challenges Rapid Market Growth
PP homopolymer offers good weldability and chemical resistance and offers a higher strength to weight ratio. Due to its vast application base, PP homopolymer is a huge volume of commodity material. The global uptake of PP homopolymer was recorded at 42.0 Mn metric tonnes in 2015. The global PP homopolymer market is estimated to be …
Power Tools Sales to Expand at 6% CAGR Through 2030; Halted Production Due to COVID-19 Pandemic Challenges Rapid Market Growth
The power tools market prospect stays optimistic with firm market fundamentals projected to sustain momentum. In case it is integrated connectivity, battery performance, design, and ergonomics, innovations in this field are keeping the producers on the hooks. The global power tools market is slated to record a CAGR of 6% during the forecast period of …
Plant-Based Yogurt Sales Soar as More Consumers Prefer Plant-based Products amid COVID-19 Pandemic, Says FMI in a New Study
The growing popularity of the vegan lifestyle and the significant downside of commercial animal agriculture is directing the companies to invest in plant-based yogurts and consecutively driving the plant-based yogurt market. The global plant-based yogurt market is anticipated to surpass a market valuation of US$ 5.0 Bn by 2030, recording a CAGR of 10% during …