The last decade has observed an exponential growth in packaging and food sector in both developed and developing countries. Food is an edible substance which we usually get from animal or plant and contains necessary nutrients including proteins, carbohydrates, minerals, fats, and vitamins to assist life, energy, and growth. Food is a perishable commodity and …
Monthly Archives: January 2022
Peelable lidding films Market Will Generate New Growth Opportunities in Upcoming Year
Peelable lidding films are glossy, transparent, have high burst strength, and have thermal resistance properties. Conventional applications of peelable lidding films included medical devices packaging, as they are easy to open and highly preferred for an emergency situation. Later, with modification in the polymers, they were processed in such a way that they could be …
Surging Construction Applications, Enabling Growth of Mini Cranes Market at 6% CAGR: New Study
The growing demand compact cranes in various industries such as steel industry, oil & gas, automotive sector, construction, and others is anticipated to drive the mini crane market. Application in glass glazing activities will create growth opportunities. According to a study by Future Market Insights, the global mini crane market is expected to expand at a CAGR …
Decarbonization and Electrification Set to Accelerate Hydrogen Electrolyzer Market Growth, as Market Players Focus on Sustainable Hydrogen Production, Says FMI
Future Market Insights, an ESOMAR-certified market research provider, opines that the long term outlook for hydrogen electrolyzer market will remain optimistic with growth pegged at 10% through 2030. With costs of renewables substantially dropping, making them more competitive with conventional fuels, their use as feedstock for hydrogen electrolysis will boost market growth subsequently. Research for hydrogen fuel …
Global Scissor Lifts Market lifts to reach a market value of ~US$ 4.5 Bn by 2031.
Surging construction activities will be boost sales of scissor lifts. In a new study Future Market Insights (FMI) has projected the global market for scissor lifts to reach a market value of ~US$ 4.5 Bn by 2031. With rental companies playing a pivotal role in the scissor lifts market, organization in the rental industry are …
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Industrial Valves Market is expected to grow at a CAGR of ~4% : FMI
Up from the revenues worth US$61 Bn registered in 2018, the global market for industrial valves is projected to witness modest growth by the end of 2019. A new market research report by Future Market Insights (FMI) suggests that the increasing exploration activities for new water sources will predominantly favour the growth of market over coming years. The steady …
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Agricultural Equipment Market Sales to Exceed 6.7 Mn Units by 2031-end,
As per a recent survey by FMI, the global agricultural equipment market is expected to total US$ 65 Bn in 2021. In response to surging demand for advanced and automated technologies in the agricultural sector, the market is anticipated to register steady demand. As per FMI, the global agricultural equipment market will expand at 4.8% CAGR between 2021and 2031 …
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Food Packaging Equipment Market Estimated to Expand at a Robust CAGR By 2027
Food packaging equipment manufacturers are facing highly demanding and rapidly changing competitive environment. Food packaging equipment is one of the most important part of global food industry. Packaging of food is necessary in order to deliver them to customers in a proper way. Food packaging equipment carry out multiple functions such as wrapping, sealing, coding …
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Barcode Scanner Market is expected to grow at a CAGR of over 7.6% between 2021 and 2031
As per newly released data by FMI, the barcode scanner market is estimated to be worth US$ 7 Bn in 2021. The market is expected to grow at a CAGR of over 7.6% between 2021 and 2031. Increase in healthcare sector is expected to increase the demand for barcode scanners over the assessment period. Despite challenges posed by COVID-19 outbreak, the …
Power Tools Market | Present Scenario and outlook remains positive as FMI forecasts the market to rise at ~5.1% between 2021-2031.
The global power tools market is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis, the global power tools market is expected to reach US$ 33.36 Bn in 2021. The …