Horse Riding Equipment Market to Surpass US$ 2 Billion in 2022 | FMI

Future Market Insights (FMI) provides insights into the Horse Riding Equipment market’s the analysis’s shortcomings and future opportunities. The growth trend of the world market for horse riding equipment is shown. Untapped potential and market share held by several industrial categories are shown by the research. The study offers a thorough examination of the competitive environment, key development factors, and opportunities for the global horse riding equipment market.

The report contains significant numerical and figurative data. It explores the elements that influence growth in both mature and developing economies. It thoroughly examines the competitive situation in order to arm players with the knowledge they need to manoeuvre around any barriers.

Consumer goods have improved over the past ten years as digitalization has spread around the world. Companies are adapting their go-to-market strategies and capabilities in response to the shift in customer preference toward online markets.

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Industry players are adapting to the “digital era” and placing more and more dependence on internet platforms to draw in customers. Through a variety of digital channels, e-penetration commerce’s into the consumer goods market has brought about some very amazing transformations. The market report analysis provides in-depth perspectives on the situation as it stands.

Understanding the Impact of Covid-19 on Global Horse Riding Equipment Market

The current COVID-19 outbreak has had a negative impact on a number of sectors in the consumer goods sector. The market is anticipated to benefit from the industry’s use of artificial intelligence and big data science.

Consumers are engaging in social distance as a result of government regulations. As a result, businesses in the horse riding equipment sector had to adapt to a new standard of conducting business online. Furthermore, the supply chain interruptions and limitations on mobility have given the participants in the e-market tremendous development potential.

The FMI study includes a fascinating chapter on the initial effects of the COVID-19 on the market for horse riding equipment. This enables both established and up-and-coming essential firms to comprehend the market environment and support them in overcoming difficulties throughout the crisis.

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Horse Riding Equipment Market: Segmentation

By Product

  • Helmets
  • Vests
  • Stirrups
  • Saddle
  • Halters
  • Bridles
  • Accessories
  • Others

By Price Range

  • Mass
  • Premium

 By Material Type

  •  Wooden
  • Metal
  • Plastic
  • Leather
  • Others

By Equipment Type

  • Equine Equipment
  • Rider Equipment

By Consumer Orientation

  • Male
  • Female
  • Kids

By End-user

  • Amateurs
  • Professionals

By Sales Channel

  • Hypermarket/Supermarket
  • Independent Sports Outlet
  • Sports Retail Chain
  • Franchised Sports Outlet
  • Direct-to-Customer Online Channel
  • Direct-to-Customer Institutional Channel
  • Modern Trade Channels
  • Third Party Online Channels

Key players covered in the report include:

  • Dainese
  • Georg Kieffer Sattlerwarenfabrik GmbH
  • Decathlon
  • Cavallo GmbH
  • Antares Sellier
  • Fabtron Inc.
  • Mountain Horse
  • HKM Sports Equipment.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Pet Insurance Market will Grow Steadily Between 2022 and 2030 at a CAGR of 11% | FMI

The global pet insurance market size is anticipated to reach US$ 38.8 Bn. By the end of 2030, A report by Future Industry Insights (FMI) predicts that the market will grow steadily between 2022 and 2030 at a CAGR of 11%. The paper claims that the growing number of pet owners, more knowledge of pet insurance, and related health advantages of pet ownership will fuel market expansion.

The research provides a thorough analysis of the industry, highlighting the major trends, opportunities, and development drivers. It offers the most precise analysis of the market via the use of original research techniques.

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It includes in-depth insights into the pet insurance market.

Some of these are:

  • The estimated value of the market at US$ 7.8 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America dominates the pet insurance market globally.
  • Latin America emerges as one of key markets owing to high pet ownership in the region.
  • Dogs and Cats segment hold the highest value share in pet insurance market.
  • ‘Accident & illness’ coverage option comes out as the most preferred type of pet insurance among pet owners
  • Key players are likely to focus on new service offerings to stay relevant in developed markets.

Growth in Pet ownership and Selling Techniques of Companies to Create Opportunity for Expansion
Rise in number of companion animals, increase in awareness about pet insurance, growth in pet ownership propels the growth of the pet insurance market. The Pet health insurers offer different plan options or tiers with varying policy limits which also attracts pet owners towards pet insurance.

However, high cost of pet insurance policies, lack of awareness among consumers, and government regulation limits the growth of the market. Marketing strategies adopted the insurance companies include online marketing, veterinary clinics, pet stores, shelters and animal support and rescue organizations or word of mouth referrals which also fuel the pet insurance market for further growth. Furthermore, largely untapped market with extremely low penetration rates is expected to provide numerous opportunities for the pet insurance market.

Accident & Illness Policy Coverage Fuels Demand for Pet Insurance
Pet insurance which is becoming a norm of most of the developed countries. Pet insurance market is gaining traction by the accident & illness insurance policy as it provides both accident and illness coverage. Rapidly increasing consumer’s awareness on pet’s diseases, rising veterinary costs and marketing efforts of industry operators have caused consumer acceptance in the pet insurance market.

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Who is winning?
Some of the leading players operating in the pet insurance market are Figo Pet Insurance LLC., Embrace Pet Insurance Agency LLC, Hartville Group, Health for Pet, Hollard, Oneplan, Petfirst Healthcare LLC, Protectaplan, Petplan Limited, Trupanion, Inc., Nationwide Mutual Insurance Company., Anicom Holdings Inc, Pethealth Inc., Royal & Sun Alliance Insurance Company of Canada, Inc., Direct Line Insurance Group plc, Pet secure, Healthy Paws, 24PetWatch etc.

As a result of increasing competition, companies are focusing on expanding their product portfolio. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

  • In March 2019, CareCredit, LLC, a healthcare financing company of Synchrony Financial, had acquired a Idaho based pet insurance company Pets Bestto to expand its current product/service offering
  • In Dec 2019, MetLife Inc. had acquired Jeffersonville-based company PetFirst to enter into pet insurance market

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Key Segments of Pet Insurance Industry Survey
Pet Insurance Market by Policy Type:

  • Accident
  • Accident & Illness
  • Embedded Wellness

Pet Insurance Market by End User:

  • Pet Insurance for Dogs
  • Pet Insurance for Cats
  • Pet Insurance for Horses
  • Pet Insurance for Exotic Pets
  • Others

Pet Insurance Market by Region:

  • North America Pet Insurance Market
  • Latin America Pet Insurance Market
  • Europe Pet Insurance Market
  • East Asia Pet Insurance Market
  • South Asia & Pacific Pet Insurance Market
  • Middle East & Africa (MEA) Pet Insurance Market

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Wedge Boots Market is Projected to Reach a Industry valuation of US$ 3,400 Million by the year 2022

The global wedge boots market is projected to reach a market valuation of US$ 3,400 Million by the year 2022, accelerating with a moderate CAGR of 3.8% by 2022-2032. Wedge Boots market size is anticipated to be valued at about US$ 4,940 Million by 2032 end.

Wedge boots have become a wardrobe staple for modern ladies thanks to its good looks, comfort, versatility, and wide availability of many types. The product’s popularity has skyrocketed alongside the influence of famous people on it, thanks to various forms of media such as movies, TV shows, newspapers, social media platforms, and more.

The increasing number of working women has led to a surge in interest in the demand for wedge boots. Wedge boots are popular in the winter because they help keep feet warm and dry, which is especially important in colder climes.

As more and more runways show highlight wedge boot styles, this serves as a crucial growth driver as it introduces the product to a larger audience and perhaps inspires more people to buy them. Wedge boots became commercially available after they became a staple at festivals, clubs, bars, and other social gatherings. Since most fashion enterprises are relocating to major cities, where the population is both more affluent and more fashion-conscious, this trend also contributes to the growth of the wedge boots market.

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Due to the widespread availability of wedge boots in retail establishments across Europe, including department shops, specialty boutiques, shoe stores, and shopping centres, the region is poised for rapid growth in the future years. Demand for wedge boots is rising thanks in part to the product’s suitability for use in popular night-time hangouts like bars, pubs, cafes, pool parties, concerts, and others. Increasing rates of shopping addiction are also contributing to the growth of the retail industry.

Key Takeaways

  • North America is the fastest growing region for the Wedge Boots market with a market share of 54%.
  • More and more runway shows are using different styles of wedge boots, which is likely to increase demand for them.
  • Manufacturers are releasing a new line of high-end wedge boots with innovative design and cutting-edge technology.
  • During the forecasted period, North America is anticipated to be the most important area for the wedge boots market with a share of 29.54%.
  • Asia Pacific wedge boots market has a market share of 76%.

Competitive Landscape

It is anticipated that major players in the wedge boots market would place increased emphasis on developing their businesses in the Asia Pacific region, notably in countries like India and China, as the demand for wedge boots continues to grow. The leading firms in the wedge boots industry are likely to increase their spending on R&D in the coming years as they attempt to keep up with the wedge boots market and stay ahead of the competition.

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The quality and durability of wedge boots are well-known. The proliferation of boot brands and the subsequent flood of new products has fuelled the growth of the wedge boots market. Since these items are used so frequently, especially in climates with milder winters and summers, rising demand for wedge boots is anticipated. We see a rise in demand for lightweight and flexible items as more cutting-edge production methods and materials become available. Leather shoes are highly sought after by consumers because of its durability and adaptability to a wide variety of settings and occasions, from manual labour to a night out on the town in designer heels.

Wedge boots continue to be in high demand, and companies are responding to consumer demand by releasing new, more fashionable ankle boots. Manufacturers are releasing a new line of high-end wedge boots with innovative design and cutting-edge technology. Those same factors are likely to play a significant role in driving the wedge boots market forward throughout the anticipated time frame.

The key players in the market include Clarks, Calvin Klein, GUESS, Charles, Wolverine, Calzaturificio Casadei SpA, Bottega Veneta, and Giuseppe Zanotti

Wedge Boots Market by Segmentation

By Size:

  • < 6 inches
  • 9 – 10 inches
  • 10 – 11 inches
  • > 11 inches

By User:

  • Men
  • Women

By Material:

  • Leather
  • Textiles
    • Cotton
    • Nylon
    • Wool
  • Synthetic Leather
  • Rubber
  • Foam

By Sales Channel:

  • Hypermarkets / Supermarkets
  • Footwear Stores
  • Convenience Stores
  • Online
    • Third Party
    • Company Website
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Rain Boots Market is Predicted to Grow at 4.2% CAGR through 2032 | FMI

The rain boots market is projected to be worth around US$2590 Million by 2032, up from US$1720 Million in 2022, with a CAGR of 4.2% from 2022 to 2032.

An adequate portion of the world’s footwear market is occupied by rain boots, which are also largely to blame for the rain boots market’s positive volume and value growth. The rain boots market is expanding globally due to factors like rising demand as well as product variety in terms of design and colour.

The prevalent spread of COVID-19 has caused border closures, transportation network breakdowns, and city lockdowns. This led to the closing of factories and offices, which decreased product demand. Additionally, the outbreak’s closure of stores and factories had an impact on the production of goods. With the reopening of economies, rain boots market growth is probably going to pick up speed.

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Introduction of Fresh Creative Ideas

The global rain boots market is expected to grow steadily due to the rising footwear industry, with a focus on rain boots, which is expected to fuel demand for rain boots in the coming years.

The introduction of new and innovative designs, as well as increased consumer interest in rain boot fashion trends, are key factors driving market growth. Furthermore, e-commerce trends are expected to fuel rain boots market growth.

Online Retailers

Online retailers offer a wide range of collections, deals, and prices for their products, which has increased their appeal. Rain boots are in high demand because consumers are becoming more fashion-conscious. A further on-going trend that is anticipated to support growth in the ensuing years is the increasing adoption of rain boots in the industrial sector around the world.

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R&D Efforts

Additionally, the major companies are using a number of key strategies to increase their rain boots market share, including company mergers and acquisitions, diversification of their product portfolio through R&D effort.

Leading players began producing sophisticated and innovative products as a result of their on-going involvement in product innovation through research and development activities. Additionally, the demand for men’s and women’s versatile, comfortable, and stylish goods is rising, along with consumer lifestyle and preference changes, which are all contributing to the global rain boot market boom.

Regional Outlook

The Asia Pacific rain boots market is expected to grow rapidly due to the emergence of new industries that require rain boots for airing working operations, such as oil and gas, agriculture, and utilities.

Due to the presence of large players and weather conditions, the rain boots market in North America and Europe is expected to be the dominant region.

KEY TAKEAWAYS:

  • The manufacturing industry dominated the global rain boots market and contributed more than 35.0% of total sales.
  • With a rain boots market share of 17.3% in terms of revenue, Europe dominated the global rain boots market.
  • With a rain boots market share of 32.50% in terms of revenue, North America dominated the global rain boots market.

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COMPETITIVE LANDSCAPE:

The major players in the rain boots market are fierce competitors on the global market for rain boots. Hunter Boot Limited, Aigle Footwear Company, Kamik, Bata Limited, Puma SE, Adidas AG, Nike Inc., New Balance Athletics Inc., Capelli New York, UGG Footwear Company are a few of the major players in the global rain boot market.

Recent Development:

  • A controlling interest in Hunter Boot Ltd. has been acquired by Searchlight Capital Partners. The expansion of the Hunter Company into new markets and related product categories will be aided significantly by Searchlight.
  • To design, produce, and market XpresSpa travel and spa accessories, XpresSpa announces a partnership with Capelli New York.
  • Launch of an inclusive footwear line by UGG and Zappos.com
  • The TRACK at New Balance, a new state-of-the-art multi-sport facility where Team New Balance, professional athletes, and community athletes will train and compete year-round, has been unveiled by global athletic leader New Balance.
  • A pair of rain boots that is extremely fashionable and as vibrant as May flowers have been released by the Montreal-based shoe company Kamik.

Key Segments  

On The Basis of Material Type:

  • Natural Rubber
  • Synthetic Rubber

By End Use :

  • Men
  • Women
  • Kids

By Distribution Channel:

  • Online Distribution Channel
  • Offline Distribution Channel

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa
  • Europe

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Oil Packing Machine Market is projected to reach a valuation of US$ 225.6 Mn in 2022

The global oil packing machine market is set to enjoy a market valuation of US$ 225.6 Mn in 2022, and register a CAGR of 4.3% to reach US$ 344.6 Mn by 2032.

The challenges associated with the packaging are productivity, efficiency and quality control. Several key trends are influencing the packaging industry. In recent years, packaging machinery manufacturers are embracing automation in their packaging lines and leveraging smart manufacturing to achieve higher productivity and efficiency. Automating the processes such as filling, packing and palletizing is a big trend in the packaging industry.

The companies in the oil packing machine market are leveraging smart manufacturing to maintain a competitive advantage and meet their demanding business needs. The automation in packaging enables the elimination of human errors and ensures the safe handling of the products. Thus, the trend of automation in the oil packaging machine market would help increase the overall productivity and efficiency along with reducing the labour cost.

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Key Takeaways from Oil Packing Machine Market

  • Automatic oil packing machines are expected to remain dominant during the forecast period due to their improved production speed, reduced labour costs and improved quality control. This segment is projected to create the highest revenue opportunities of US$ 89.6 Mn by 2032.
  • VFFS oil packing machines are the most preferred among the oil packaging manufacturers due to their enhanced efficiency, convenience and broad deployability. This orientation segment is expected to account for around half portion the market share by value during the forecast period.
  • Food as an end use is likely to create consistent demand for oil packing machines in the forecast period. The oil packing machine used in the food industry is anticipated to witness an expansion of 1.4x its current market value due to increasing consumer preference for safe and hygienic packaging rather than manual or traditional packaging.
  • South Asia is expected to be the lucrative region owing to a rise in the manufacture and sales of oil packing machines. The growth in this region is attributed to the growing population, flourishing food industry and ready buyers who are in need to buy these machines.

“Shifting buying patterns of consumers from traditional loose oils to packed oils due to food safety and hygiene is expected to augment the growth of the oil packing machine market in the coming years. Moreover, the oil packing machine manufacturers are focusing on advanced technologies such as automation to enhance the overall productivity and efficiency.”–comments FMI Analyst

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Food is expected to remain the Dominant End Use Segment for Oil Packing Machine Market

The usage of oil packing machines in the food industry contributes almost 43% of the total product market and is projected to reach US$ 139.8 Mn by the end of 2032. Oil packing machines are widely used in the food industry for packaging edible oils and other cooking oils. The oil packing machine market is witnessing a great demand from the food industry due to the growing population coupled with expanding food service sector, thereby creating demand for edible oils from the end users. Overall, the flourishing food industry will likely boost the demand for oil packing machines in the forecast period.

Impact of COVID-19 on Oil Packing Machine

The COVID-19 outbreak had devastating impacts on the global economy. These impacts are also being felt by the oil packing machine market. The COVID-19 spread severely impacted manufacturing and industrial activities, which resulted in reduced product sales during the pandemic. The closure of food production units, restrictions in the movement of workers, and restricted food trade policies have resulted in food supply chain disruptions, thereby creating a downfall in the oil packing machine market.

Moreover, the closure of hotels, restaurants and cafes amid the pandemic had resulted in reduced demand for edible oil. This reduced consumption of edible oil had shown a decline in demand for oil packing machines by the manufacturers. The slowdown in the automobile industry resulted in reduced demand for motor oil, which, in turn, affected the demand for oil packing machines from the oil and lubricant industries. Overall, the reduced consumption of oil, has resulted in a decline in demand for oil packing machines from the end-use industries during the pandemic.

Oil Packing Machine Market Landscape

The key players operating in the global oil packing machine market are

  • Niverplast B.V.,
  • Turpack Makine Sanayi ve Ticaret Ltd. Sti.,
  • GEA Group,
  • SN Maschinenbau GmbH, and
  • Gemseal Abhilash Industries.

Also, some of the other noticeable players in the market are

  • Siklmx Co. Ltd.,
  • Nichrome Packaging Solutions,
  • Foshan Land Packaging Machinery Co. Ltd.,
  • Turpack Packaging Machinery, LPE (Levapack),
  • APACKS, and others.

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Sales of Flow Wrap Packaging Industry to increase at a CAGR of 3.1% from 2022-2032

Throughout the forecast period, the market for flow wrap packaging is anticipated to expand at a CAGR of 3.1%. By 2032, this is anticipated to have increased to US$ 36,634.6 million from US$ 26,996.4 million in 2022.

Packaging material producers are attempting to address environmental issues and promote healthy living. The demand for environmentally friendly packaging is a major driver of the global flow wrap packaging industry. The ability of flow wrap machines to quickly and tightly wrap things is the reason for their popularity. These flow wrap machines are essential for packing food. Another significant development in the flow wrap packaging industry is the development of programmable and automated flow wrapping machines.

Flow wrap packaging is becoming increasingly popular since it is not only hygienic but also keeps the contents fresh. But there is a restriction on the use of flow wrap machines due to the cost of electricity. These machines need not only fuel but also supplementary electrical sources. This, in turn, could increase production costs, slowing the expansion of the flow wrap packaging market.

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Major Restraints for Flow Wrap Packaging:

Increase in Production Costs: In addition to being more expensive, flow wrap machines require assembly and installation. The buyer is responsible for taking care of that task and covering the cost. The cost of the service varies based on the location of the facility and its nature. This is restraining the demand for flow wrap packaging.

Major Opportunities for Flow Wrap Packaging: Producers are spending money on R&D in order to produce a fast-flowing, fully automated wrapping machine. So, demand should increase. In addition, the companies spend money on flow wrapper R&D and advertising, which drives up demand and expands the flow wrap packaging market.

Major Threats for Flow Wrap Packaging:

Barcodes Disappear: The packaging may fall if the incorrect packaging film is selected because the packaging material shrinks automatically. Therefore, the thermal shrinking packaging film in the printing process must shrink, and bar codes can only be read if they are represented accurately, so strict quality control measures must be in place. Otherwise, the bar code quality will be unqualified or not readable after the pattern has been compressed and deformed.

Flow Wrap Packaging Market: Competitive Landscape

The leading companies in the flow wrap packaging market include

  • Robert Bosch LLC.,
  • Campbell Wrapper Corporation,
  • Packaging Aids,
  • FUJI PACKAGING GmbH,
  • Crawford Packaging, and
  • Langley Holdings plc.

The manufacturer’s optimization to offer an automated and rapid flow wrapper machine is projected to improve the demand for flow wrap packaging and, consequently, the demand in the forecast term. Moreover, businesses are spending more on flow wrapper R&D and product promotion, which should help the flow wrap packaging market expand.

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Regional Insights

How is North America Key Contributor to the Global Flow Wrap Packaging Market?

North America is expected to be the key contributor to the growth of the global flow wrap packaging market accounting for 16% of the market share. Due to increased food and beverage production in North America, owing to the continued growth of these companies in the various North American regions, flow wrap machines are experiencing significant growth potential in this region. They are expected to experience even greater growth. Moreover, it is also expected that the emergence of major key players and prospects may further boost the flow wrap packaging market in the region.

How is Europe Performing in the Flow Wrap Packaging Market?

Europe is predicted to hold a flow wrap packaging market share of 13%. European countries collectively account for most of the flow wrap packaging market as a result of their technologically advanced machinery production platforms. Automatic horizontal flow wrapping is most commonly used by medium to large bakery product manufacturers.

Key Segments Profiled in the Flow Wrap Packaging Market Survey 

By Material Type:

  • Plastic Films
  • Paper
  • Aluminium Foil
  • Others

By Machine Type:

  • Manual
  • Automatic

By End-Use Flow:

  • Dairy Industry
  • Meat Industry
  • Pharmaceuticals
  • Household and Personal Care
  • Food & Beverages

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Dual Chamber Dispensing Bottles Market is likely to project a CAGR of 3.9% during the forecast period

Due to the rising demand throughout the course of the forecast period, a CAGR of 3.9% is predicted for the global market for dual chamber dispensing bottles. It is projected to increase in value from US$ 107.6 Mn in 2022 to US$ 157.7 Mn by 2032.

Dual chamber dispensing bottles are predicted to become more popular among a variety of end users as a result of its convenience, including the cosmetics, pharmaceutical, healthcare, food & beverage, and industrial markets.

The market has a sizable obstacle because the HDPE and PET rigid plastic materials used to create these bottles can be harmful to the environment when disposed away. On the other hand, producers, mainly of cosmetic and personal care goods, are attempting to create aesthetically pleasing packaging designs to appeal to different consumer groups.

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Global Dual Chamber Dispensing Bottles – Market Dynamics

In recent years, the increase in demand for convenient packaging solutions is boosting the demand for dual chamber dispensing bottles. However, in the pharmaceutical industry, the need for fixed dose dispensing technology is steering the demand for these bottles. It helps pharmaceutical companies in simplification of therapy to optimize the product lifecycle and increase the value of their products. The dual chamber dispensing bottles are also contributing to cater the inflated demand for product differentiation in the packaging industry.

With the wide range of applications in the personal care industry, it could be used in hair care, lotions, and high-end gels products to further generate high volumes of demand in the near future. The main disadvantage of a dual chamber dispensing bottles is the increasingly stringent regulations on the use of plastics in the packaging industry. The few challenges such as high cost of bottles may hamper the growth of dual chamber dispensing bottles market.

Global Dual Chamber Dispensing Bottles Market – Regional outlook

Geographically, the global Dual chamber dispensing bottles market is segmented across following regions- Asia-Pacific, Eastern Europe, Western Europe, North America, Latin America, Middle East and Africa. The dual chamber dispensing bottles market is increasing at a captivating growth rate in Asia Pacific region followed by the Middle East & Africa region. This can be attributed to fastest growing consumer products and pharmaceutical industries in these countries.

However, the growth rate in mature markets such as North America and Europe is elevating at a slightly smaller value than emerging economies. The regions such as Latin America and Japan also offers untapped growth potential in the dual chamber dispensing bottles market.

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Global Dual Chamber Dispensing Bottles Market – Key players

Few of the key players in the global Dual chamber dispensing bottles market are

  • Gidea Packaging Co., Ltd.,
  • Hebei Xinfuda Plastic Products Co., Ltd.,
  • Raepak Ltd.,
  • O.Berk Company, LLC,
  • Amigo Laboratories,
  • Shijiazhuang Xinfuda Medical Packaging Co Ltd,
  • Shanghai Hopeck Packaging Co., Ltd.,
  • Quadpack Spain Slu,
  • Cospack America Corp.

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Dual Chamber Dispensing Bottles – Market Segmentation

Dual chamber dispensing bottles market is segmented as follows-

Dual chamber dispensing bottles market segmentation – by material used

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Others

Dual chamber dispensing bottles market segmentation – by capacity type

  • 0-50 ml
  • 50-100 ml
  • 100-150 ml
  • 150-200 ml
  • More than 200 ml

Dual chamber dispensing bottles market segmentation – by end use

  • Pharmaceutical
  • Food
  • Paint and Industrial
  • Personal Care
  • Others

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Flow Pack Machine Market is projected to reach worth US$ 4.8 Bn by the end of 2022

Future Market Insights (FMI) in its latest report of global flow pack machine market estimates packaging is essential in boosting a company’s marketability and enhancing its profitability. Companies are putting emphasis on packaging as a result of the expansion of their consumer base. As packaging not only enhances the aesthetic value of a product but also preserves it till the customer receives it, the demand for flow pack machines will rise.

The flow pack mechanism is largely used for the packing of goods in the food and non-food industries, such as the packaging of cotton bandages, cakes, detergents, pharma products, and cosmetics. On the back of this, the demand in the market is predicted to increase by 1.5x, surpassing US$ 6.8 Bn by the end of 2032.

Manufacturing process for these machines can easily be automated and controlled by a touch screen. Flow wrap machines can be used for quick product packing. It has been applied to flexible product packaging in a number of industrial sectors. The flow wrap machine industry is forecasted to expand at 3.4% CAGR over the projected period (2022-2032) due to its wide usage across food & beverage, pharmaceutical, and other sectors.

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Key Takeaways from Flow Pack Machine Market

  • The automatic flow pack machine as an automation segment is estimated to remain the leading segment, accounting for 85.1% of the market share by the end of 2022.
  • Based on end use, the food & beverages segment is projected to register a CAGR of 4.2%, creating an absolute incremental opportunity of US$ 823.6 Mn during 2022-2032.
  • Europe and East Asia are expected to collectively hold around 45.3% of the market value share in the global flow pack machine market.
  • In terms of machine type, vertical flow wraps machine segment is expected to witness robust growth over the forecast period.
  • The U.S. is expected to lead the growth in North America flow pack machine market on the back of expansion of food & beverage sectors.

“The protective and robust packaging solutions offered to the food & beverages industry are anticipated to augment the sales of flow pack machines. Also, flow pack machines providing cost-effective and better finish product packaging solutions are anticipated to create growth opportunities for the key players over the upcoming decade.” says an FMI analyst.

Flow Pack Machine Market Landscape

  • ULMA Packaging,
  • Sacmi,
  • RECORD SPA packaging machinery,
  • Guvenpack,
  • Technopack Corporation,
  • Omori Europe,
  • Cavanna Packaging Group

are the key players operating in the Flow Pack Machine Market. Furthermore, P.F.M. S.P.A, IMA-Ilapak, and JOIEPACK industrial co., Ltd. are also noticeable players in the Flow Pack Machine market. The Tier 1 players in the market hold 10-15% of the global Flow Pack Machine market.

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Flow Pack Machine Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global Flow Pack Machine market, analysing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the flow pack machine market based on the automation (Manual, Semi-automatic, Automatic), machine type (Horizontal Flow Wrap Machine, Vertical Flow Wraps Machine), and end use(Food & Beverages, Personal Care & Cosmetics, Electrical & Electronics, Pharmaceuticals) across seven regions.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Processed Meat Packaging Market size is forecasted to reach US$ 2.4 bn by the year 2032

As per FMI, the global processed meat packaging market size is projected to increase at a CAGR of 4.8% from 2022 to 2032. It was valued at around US$ 1.4 Bn in 2021.

Fast-paced lifestyles and an increasing number of salaried workers have raised the consumption rate of ready-to-eat food products, which is expected to spur market expansion. FMI mentions that the market is estimated to reach US$ 2.4 Bn by the end of 2032.

Processed meat packaging is a major procedure of placing processed or preserved animal products into containment, usually in a flexible box. Such packages are typically made of aluminum foil, polyethylene terephthalate (PET), material coated with a polymer film, and similar other materials.

But over time, their use has evolved to include bags and sacks made of different thermoplastic films, as well as similar specialized structures for particular uses.

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Increased consumer demand for ready-to-eat and ready-to-cook meals in both developed and emerging nations is one of the key factors for pushing growth in the global processed meat packaging market. Fast-paced consumer lifestyles and lack of time for cooking are some of the other significant business drivers.

The industry will be propelled by millennials’ rising acceptance and consumption of foods that are ready to eat and cook.

The need for processed meat packaging is also being driven by growing customer demand for flavored and nutritious meat products. Due to time constraints brought on by rapid urbanization, various consumers from emerging nations are gravitating toward packaged beef products.

As a result, there is a great chance for multinational companies to upgrade their product line-ups in order to broaden and reconsider their marketing strategies in order to enter the meat packaging industry.

Undoubtedly, demand from manufacturers for recyclable materials in packaging will rise in the coming decade. Businesses are nowadays choosing to focus on sustainable growth, which has led producers to offer products that are environmentally friendly and meet stringent packaging standards.

The processed meat packaging market is thus anticipated to experience considerable growth potential throughout the forecast period.

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Key Takeaways from Global Processed Meat Packaging Market

  • By material, the plastic segment is anticipated to create an incremental opportunity of US$ 800 Mn during the forecast period of 2022-2032.
  • Based on application, the poultry segment is likely to remain at the forefront in the global processed meat packaging market by 2032.
  • The China processed meat packaging market is estimated to create an incremental opportunity of US$ 240 Mn during the projection period of 2022–2032.
  • The S. processed meat packaging market is expected to reach US$ 710 Mn by 2032.
  • The processed meat packaging market registered a CAGR of 6% during the historical period of 2016-2021.

“Increasing demand for fresh meat products in a wide range of application areas such as poultry, beef, and pork, is anticipated to fuel expansion of the processed meat packaging market in the upcoming decade,” says a FMI analyst.

High Demand for Convenience Food to Push the Processed Meat Packaging Industry

Increasing supply chain efficiency or making it simpler for customers to receive their meals at their doorsteps are two major examples of how convenience is extremely useful in the processed meat packaging sector. Although there are other marketing and demographic elements at play, convenience continues to be a key intrinsic driver of the processed meat packaging market.

This demonstrates the value of flexible packaging, which is expected to push the majority of industry growth in the years to come. The marketability of meat and seafood in practically any form can be improved by making use of the variety and customizability of agile packaging products, whether companies are putting traditional cuts in case-ready materials or giving customers cutting-edge single-serving prepared goods.

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Surging Need for Organic Meat Products to Create High Demand for Processed Meat Packaging

Demand for delicious and healthy meat products has soared across the globe, which has further fueled the processed meat packaging industry. Many people are aware of the existence of meat from conventionally reared poultry.

They are constantly switching to organic beef products as a result of their growing awareness regarding the significance of consuming foods that are safe, healthy, and free of antibiotics & chemical residues. This promotes interest in organic animal husbandry.

In response to the growing trend, several producers are developing meat products by using meat from farms with organic certification. Utilizing organic beef helps to maintain the genuineness of culinary products.

Competitive Landscape: Processed Meat Packaging Market

Some of the renowned key players in the global processed meat packaging market include

  • Amcor plc,
  • Berry Global Inc,
  • Winpak Ltd,
  • Sealed Air Corporation,
  • Mondi Group,
  • Amerplast ltd,
  • Faerch Plast A/S,
  • Bollore Group,
  • Constantia Flexibles Group GmbH,
  • Sonoco Products Company,

Thantawan Industry Plc, Cascades Inc, Coveris Holdings S.A. XtraPlast Packaging Materials, Pactiv, Optimum Plastics, Nuconic Packaging LLC, Novipax, Silgan Holdings, and Westrock Company among others.

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Patio Umbrella Market is Likely to Reach US$ 965.1 Million by 2032

The global patio umbrella market is likely to reach US$ 965.1 million by 2032, up from US$ 538.8 million in 2022 advancing at a CAGR of 5.8% during the forecast period.

The growth of the travel and tourism industry is considered to be the major factor for the growth of the beachside umbrella market. Increasing per capita income and urbanization are driving the growth of the market.

What is Driving Demand for Patio Umbrella?

The majority of people all around the globe have always been excited to rejuvenate, relax, and enjoy a vacation in coastal areas.

Because beachside a perfect place to spend time with the loved ones at a less expanse. But, to avoid the causes of the diseases due to the ultra-violet radiation of the sun, people carry an umbrella with them. That is why the market of the seaside umbrella is rising during the forecast period because of the increased footfall of tourists at a seaside area.

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Furthermore, the rise in the number of travel bloggers and regional governments’ activities are promoting the famous coastal landscapes all over the world. They encourage people by promoting popular tourist destinations, regional markets, famous foods, and other leisure activities, such influencing factors motivated tourist to plan their leisure activities at a coastal area

Factors that Likely to Augment Patio Umbrella Sales

People like to travel to the beach for enjoying sunbathing all over the world. Like North Island in Seychelles, Reethi Rah, North Malé Atoll, Maldives, White Beach, Boracay, and The Philippines are some beaches famous for sunbathing. The trend of sunbath on the beachside is growing day by day because the sun is the best source for the improvement of the immune system.

But at the same time, the prolonged exposure to sun rays can harm the eyes and skin. Sunbath for a longer time can cause wrinkles, blemishes, skin ageing and sunspots and also cause skin cancer and eyes problems like pterygium and cataracts. For this situation, people prefer beachside umbrellas as a lifesaver.

These umbrellas not only provide shade to the tourist but also protect them from the ultraviolet rays that are coming from the sun. These umbrellas are also useful in the summer season. Beach brolly is easy to set up and that is why with this advantage the demand for the seaside umbrella is growing.

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For instance, beachBRELLA (a premium line of boutique Patio Umbrellas) introduced a handmade 100% UV protective umbrella that protects the tourist from the harmful effects of the sun rays. It makes the beachside umbrella with canvas and denim and its umbrellas are lightweight which is easy to carry, fade-resistant, and are available with many customs designs. In this way, the sale of beach brolly rises due to the harmful effects of the sunrays.

Impact of COVID-19 on Patio Umbrella Market

Due to the covid-19 pandemic, the world is facing unprecedented health, economic, and global emergencies. This pandemic has harmed the travel and tourist industry because several countries have closed their foreign borders with neighboring countries. As a result, sales of Patio Umbrellas are adversely affected.

According to UNWTO World Tourism Barometer, international tourism declined over 70% in 2020, back to levels 30 years ago. Even after taking the vaccine, somewhere people are scared about another wave of COVID-19, which is restricting them from domestic as well as foreign travel.

Apart from foreign tourists, local tourists are restricted from travelling to domestic tourist places that have hampered the income of the hotels, restaurants, local markets, and individual vendors.

Who are the Key Manufacturers and Suppliers of Patio Umbrella?

Some of the leading manufacturers and suppliers of beachside brolly include

  • Tommy Bahama
  • beachBUB
  • AMMSUN Industrial Group Limited
  • The Umbrella Connection
  • East Coast Umbrella Inc.
  • Implus Footcare, LLC
  • Beach Brella.
  • ShelterLogic Corp.
  • Sinobest Umbrella Co., Ltd.
  • Shinetech, Frankford Umbrellas.

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Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
    • Detailed insights of market segments and sub-segments for historical as well as forecast period
    • A competitive analysis of prominent players and emerging players in the keyword market
    • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Key Segments Profiled in the Patio Umbrella Market Survey

By Product Type:

  • Centre Pole Umbrellas
  • Offset Pole Umbrellas
  • Table Umbrellas
  • Tilting Umbrellas

By Size:

  • 5 Feet – 7 Feet
  • 5 Feet – 10 Feet
  • More than 10.5 Feet

By Canopy Material:

  • Polyester
  • Canvas
  • Others

By Base Type:

  • Wood
  • Metal
  • Plastic
  • Other

By End Use:

  • Commercial
  • Personal

By Distribution Channel:

  • Direct Sales
  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Online Retailing
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • The Middle East and Africa
  • Europe

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About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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