New Product Development
Pallet pooling is the practice of renting or leasing pallets from a shared pool. This reduces the costs related to transportation and supply chain management. Owning and maintaining an inventory of pallets can be expensive for companies. Hence pallet pooling is a good cost reducing opportunity. Wooden pallet pooling contributes to almost 90% of the global …
Continue reading “Pallet Pooling (Rental) Market Size | Growth, Share and Industry Analysis : FMI”
The report further cites that the global barcode scanners market will account for nearly US$ 7 Bn by 2031-end. During the same period, the market is also anticipated to reflect a CAGR of 7.6% in terms of volume, reaching 38.7 Mn units over 2031-end. The advent of barcode technology has greatly decreased the hassles of tracking supply and commodity sale records …
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Global condition monitoring system sales will be valued at US$ 3,293.9 Mn in 2021, with a steady long-term projection, according to the latest insights by Future Market Insights. The report estimates the market to expand at 7 to 8% CAGR from 2021 to 2031 Power generation segment, automotive segment, chemical, and petrochemical segments’ revenue totalled US$ 2,062.1 million for …
The power tools market in India is anticipated to register a Y-o-Y growth of 6.7% by end of 2016 and is estimated to reach INR 3,532.8 Crore in terms of revenue. Growing industrialisation and widespread availability of a wide range of power tools will continue to drive the growth of the Indian power tools market. The markets in South …
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FMI has segmented the produced water treatment systems market based on technology into primary, secondary, and tertiary. The global produced water treatment systems market is estimated to be worth around US$ 4.29 Bn in 2022. With rising oil and gas activities across the world, the overall market is projected to grow at a CAGR of 5.8% between 2022 and 2029, surpassing a valuation of US$ …
The lead-acid battery market valuation is anticipated to reach US$ 54.3 Bn in 2021. Future Market Insights (FMI) analysis has indicated that lead-acid battery sales to grow at a 5.2% CAGR between 2021 and 2031. According to the study, the overall lead-acid battery market valuation will top US$ 90.5 Bn by 2031. As per FMI, the demand for AGM batteries is expected to …
[314 Pages Report] According to a recent study by Future Market Insights (FMI), the global dry eye syndrome market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 4.52 Bn in 2021 to around US$ 8.84 Bn by 2031. This reflects a cumulative CAGR of around 7.0% over the forecast period (2022-2031). Dry eye syndrome …
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In terms of value, an impressive 6.4% CAGR is estimated for the global spinal cord stimulators market by a report of Future Market Insights (FMI). In 2017, the market will account for nearly US$ 2,000 Mn in revenues; by 2027 this number is estimated to reach US$ 3,568.2 Mn. Growth of the market is primarily attributed to …
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Rising Focus on Use of Prefilled Syringes Fuelling the Demand At present, value of the global safety needles market is estimated to be s worth US$ 3,752.2 Mn, and it is estimated to reach US$ 7,765.7 Mn by 2027-end, witnessing a CAGR of 6.9% during this forecast period. The growing focus on utilization of prefilled syringes for …
According to FMI’s report, the market posted significant gains in the past, with Bluetooth smart insulin pens generating over 30% of the revenue share in 2017. Also, according to the International Diabetes Federation, presently, just under half a billion people are living with diabetes worldwide, and their number is projected to increase by 25% in …