Meal Kit Delivery Services Market is Estimated to Reach Valuation at US$ 14.63 Bn in 2022

The meal kit delivery services market is poised to reach a valuation of US$ 14.63 Bn in 2022. Sales are projected to increase at a 15% CAGR, with the market size reaching US$ 59.2 Mn by 2032.

Demand for the vegan and plant based food industry is fuelled by growing consumption of vegan and plant based food products’ health benefits. Also, growing preferences for vegan or plant based meals will create conducive environment for meal kit delivery services market players.

For instance, in 2021, Freshly Inc. acquired Green Chef meal delivery company that is engaged in offering vegan meals in the country. The company Green Chef emphasises more on sustainable ingredients.

Besides sourcing and using ingredients in sustainable form the company also focusses on off-setting 100% of its distribution and operational related carbon emissions. Thus the efforts of the players to stress more on sustainability aspect is further expected to drive the U.K. meal kit delivery services market during the forecast period.

Consumer spending on meal kits and grocery boxes has rapidly increased especially in the U.K. Furthermore, the rapidly growing demand for meal delivery kits from urban areas as well as rural areas is likely to escalate the sales of meal delivery kits in the coming years.

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Key Takeaways from the Meal Kit Delivery Services Market Study

  • By offering type, heat and eat segment is expected to witness highest growth over the forecast period (2022-2032)
  • In terms of meal type, vegan segment will gain traction through 2022 & beyond
  • By sales channel, online segment is expected to witness robust growth between 2022 and 2032
  • Australia is expected to dominate the Oceania meal kit delivery services market on the back of growing trend of veganism
  • India is expected to witness fastest growth in South Asia meal kit delivery services market backed by the presence of leading food delivery chains

 “Increasing health consciousness has further encouraged the players operating in the meal kit delivery services market to expand their meal offerings to include vegan and plant-based meals in their offerings. This is anticipated to boost the market over the forthcoming decade”, says an FMI analyst.

Who is winning?

Key players are undertaking extensive efforts to promote their meal kit delivery services. Market players are focused on undertaking promotional strategies to voice out their service penetration in different markets.

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Some of the major players present in the meal kit delivery services market are Blue Apron LLC, Freshly Inc., Hello Fresh Group, Sun Basket, Relish Labs LLC, Gobble, Marle Spoon Inc., Purple Carrot, Hungryroot and among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global meal kit delivery services market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the meal kit delivery services market based on the offering type (heat & eat, cook & eat), channel (online and offline), meal type (vegetarian, vegan and non-vegetarian), by type (economic meal kit and premium meal kit) across seven major regions.

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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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Electric Massagers Market Valued at US$ 16 Billion from 2022 to 2032

The global electric massagers market is anticipated to be valued at US$ 8 Billion in 2022, forecast to grow at a CAGR of 7.18%to be valued at US$ 16 Billion from 2022 to 2032.

Nowadays, health activities are becoming more popular, with a focus on self-help and alternative health practices as a result of the rise in busy schedules and changing lifestyles around the world. Massage therapy is one such rapidly spreading approach. Hands-on techniques are used to improve blood circulation, reduce stress, relieve anxiety, promote muscle relaxation, and provide a variety of other health benefits.

Electric massagers are one such product that uses vibration to the skin’s surface to relieve pains and strains while also stimulating relaxation. Electric massagers aid in the relief of aches and pains in the neck, shoulder, joints, back, and other areas of the body. To improve the overall performance of the product, the majority of electric massagers on the market are either battery operated or wired. Electric massagers are now used as relaxation therapy by consumers on a daily basis, as well as after work and sports activities.

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Which are Some Prominent Drivers Spearheading Electric Massagers Market Growth?

The growing popularity of leisure, beauty, and health activities, as well as the rapidly accelerating miniaturization of electronic devices, is all factors influencing the growth of the electric massagers market in the near future. Furthermore, expanding advanced technology, frequent product launches, and increasing consumer awareness of the benefits of electric massagers, along with rapidly growing use for handheld electronic devices, are some of the other factors driving the growth of the electric massagers market during the forecast period.

What are the Challenges Faced by the Electric Massagers Industry?

The availability of non-electric massagers, as well as the negative effects associated with electric massagers such as shock, possible stroke, and worsening effect, may impede the growth of the electric massager market in the near future. Furthermore, some consumers perceive electric massagers as a luxury product to promote relaxation or to treat a specific injury, which are some of the factors that may impede the growth of the electric massagers market.

Why is Asia-Pacific emerging as an Opportunistic Electric Massagers Market?

The rise in disposable income, the increase in the number of spas, and the surge in leisure popularity in developing economic region such as Asia Pacific are driving the growth of the electric massagers market. Furthermore, rising awareness of massagers such as head massagers, neck & shoulder massagers, and back & body massagers with multiple benefits is expected to drive market growth. Increased technological advancements in electrical massage, as well as the frequent introduction of new electrical massages by manufacturers, are expected to drive global market growth in the coming years.

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How is Europe Contributing to Growth of the Electric Massagers Market?

According to Future Market Insights, increased stress-related issues such as headaches, insomnia, and others among individuals as a result of a hectic lifestyle leads to an increase in demand for electrical massage all over the world specifically in developed regions like North America is expected to grow at a stellar rate during the forecast period.

People are becoming more aware of the various physical and mental health benefits associated with electrical massages, and giving themselves massage treatments are some of the factors that will provide opportunities for key players in the North America electric massagers market during the forecast period.

Market Competition

Panasonic Corporation, MedMassager, Joicom Corporation, Shenzhen Relcare Electronics, LURACO Technologies Corporation, Dr. Physio, Omron Corporation, Medisana GmbH, and others are among the key players in the global electric massagers market.

Growing demand for electronic products that combine aromatherapy and heat to promote relaxation, as well as an increase in the potential application of electric massagers for treating nervous irritability and other stress-related problems such as insomnia and headaches, are some of the key factors driving the global electric massagers market’s growth.

Furthermore, the growth of the electric massagers market is attributed to consumers in developing countries becoming more exposed to the concept of leisure therapy as well as treating their symptoms of pains and strains as an alternative to medicines.

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Key Segments Profiled in the Electric Massagers Industry Survey

Product Type:

  • Back & Body Massagers
  • Leg & Foot Massagers
  • Neck & Shoulder Massagers
  • Head Massagers
  • Others

End-User:

  • Residential
  • Commercial

Sales Channel:

  • Store-Based Retailing
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Independent Stores
  • Online Retailer

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Motion Stimulation Therapy Market Size Worth US$ 1.8 Million | Exclusive Report by FMI

Motion Stimulation Therapy Market Snapshot (2022 – 2032)

Motion stimulation therapy is a type of physical therapy that is used when an event such as a stroke or spinal cord injury occurs, resulting in muscle denervation and paralysis or weakness. Motion stimulation therapy aids in the production of voluntary forces required for the joint moments, allowing for the functional performance of daily tasks.

Motion Stimulation Therapy Market Size was valued at US$ 1.1 Million in FY 2021, and is projected to grow at a 9.1% Y-o-Y growth rate until 2022, reaching a market value of US$ 1.2 Million. During the forecast period ranging from 2022 to 2032, a CAGR of 4.1% is expected for the market, reaching US$ 1.8 Million.

Motion stimulation therapy can help with muscle spasms, pain relief, and inflammation reduction. Motion stimulation therapy also encourages muscle contraction, which helps to prevent muscle atrophy. Motion stimulation therapy can help with Parkinson’s disease, a progressive neurodegenerative disorder that affects the elderly.

Report Attribute

Base Year Value (2021)

US$ 1.1 Million

Expected Market Value (2022)

US$ 1.2 Million

Anticipated Forecast Value (2032)

US$ 1.8 Million

Projected Growth Rate (2022-2032)

4.1% CAGR

Deep brain stimulation is a form of motion stimulation therapy that is used to treat Parkinson’s disease. The most common surgical treatment for Parkinson’s disease is deep brain stimulation. Advanced motion stimulation therapies, such as functional stimulation and therapeutic electric stimulation, are also widely used for better outcomes and faster recovery from muscular dysfunction. These therapies employ devices that work by electrically stimulating and contracting muscles via electric impulses.

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Which are Some Prominent Drivers Spearheading Motion stimulation therapy Market Growth?

The primary factor driving the growth of the motion stimulation market is the increasing prevalence of Parkinson’s disease. The rising number of traffic accidents and muscle injuries is expected to fuel the growth of the motion stimulation therapy market. Motion stimulation therapy can also be used in conjunction with standard medication.

This is known as combination therapy, and the fact that motion stimulation therapy can be used as an add-on therapy is expected to drive market growth in the motion stimulation therapy market. Technological advancements in stimulator devices are also helping to drive the growth of the motion stimulation therapy market.

The global Motion Stimulation Therapy market is expected to grow significantly during the forecast period due to an increase in government funding for the development of novel drugs. According to the Parkinson’s Association of the Carolinas, nearly 60,000 people in the United States are diagnosed with Parkinson’s disease each year, with an estimated 10 million people worldwide living with the disease.

Because of the rising prevalence of Parkinson’s disease worldwide, the functional neuromuscular stimulation therapy segment is expected to gain the most market share in the global motion stimulation therapy market. Hospitals are expected to be the most dominant end-user segment due to an increase in the number of patients seeking motion stimulation therapy.

How is North America Contributing to the Growth of the Motion stimulation therapy Market?

Because of the rising incidences of musculoskeletal disorders and rising fitness awareness, the motion stimulation therapy market is expected to grow at a CAGR of 4.8 percent during the forecast period in North America. For example, the World Health Organization (WHO) reported in February 2021 that around 1.71 billion people worldwide suffer from musculoskeletal disorders.

Because of high spending on healthcare products, favorable reimbursement policies, and increased adoption among sedentary consumers, the North American region is well-positioned to reign supreme in the global muscle stimulation devices market.

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Key Companies Profiled:
Valencia CA USA, , Cyberonics, , Medtronic, , Innovative Neurotronics Inc., , Boston Scientific Corporation, , Bioness Inc., , St. Jude Medical Inc., , Nevro Corporation

Report Scope

Growth Rate

CAGR of 4.1% from 2022 to 2032

Market Value for 2022

US$ 1.2 Million

Market Value for 2032

US$ 1.8 Million

Base Year for Estimation

2021

Historical Data

2015-2021

Forecast Period

2022-2032

Segments Covered

  • Therapy Type
  • End User

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding China & Japan
  • China
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Russia
  • Poland
  • Australia & New Zealand
  • India
  • ASEAN
  • GCC
  • South Africa

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Market Competition

Valencia, CA, USA, Cyberonics, Medtronic, Innovative Neurotronics, Inc. Boston Scientific Corporation; Bioness Inc. St. Jude Medical; Inc., and Nevro Corporation are some of the key players found across the value chain of motion Stimulation therapy market. Because of the large number of participants, the market is extremely competitive.

Key Segments Covered in the Motion Stimulation Therapy Market Study

Motion Stimulation Therapy Market by Therapy Type:

  • Functional Neuromuscular Motion Stimulation Therapy
  • Peripheral Motion Stimulation Therapy
  • Deep Brain Motion Stimulation Therapy
  • Therapeutic Electrical Motion Stimulation Therapy

Motion Stimulation Therapy Market by End User:

  • Motion Stimulation Therapy across Hospitals
  • Motion Stimulation Therapy across Specialty Clinics
  • Motion Stimulation Therapy across Other End User

Motion Stimulation Therapy Market by Region:

  • North America Motion Stimulation Therapy Market
  • Latin America Motion Stimulation Therapy Market
  • Western Europe Motion Stimulation Therapy Market
  • Eastern Europe Motion Stimulation Therapy Market
  • Asia Pacific excluding China & Japan Motion Stimulation Therapy Market
  • China Motion Stimulation Therapy Market
  • Japan Motion Stimulation Therapy Market
  • Middle East and Africa Motion Stimulation Therapy Market

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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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3d Mobile Theater Market Expected to Grow at a CAGR of 7.5% Annually Over the Upcoming Decade

The 3D mobile theater market is expected to strengthen its hold in the market at a promising CAGR of 7.5% during the forecast period (2022-2032). The global market holds an estimated revenue of US$ 31 Bn in 2022 and is likely to cross US$ 60 Bn by the end of 2032.

The 3D mobile theater market is anticipated to show promising growth prospects during the forecast period, expanding the 3D mobile theater market size.

The 3D mobile theatre is a first-of-its-kind head-mounted display that can be adjusted. It resembles a helmet with a screen that shows movies. The purpose of the 3D mobile theatre is to improve the movie-going experience. The new 3D mobile theatre also includes noise-canceling headphones, which is expected to boost 3D mobile theatre sales worldwide. The product enhancement research and development is upgrading to a new series of 3D mobile theatres.

The latest generation of 3D mobile theaters comes with self-containing tools related to volume and brightness; this increases the competition in the market and pushes the sales of 3D mobile theaters.

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What are the Key Drivers and Restraints to the 3D Mobile Theater Market?

Demand from consumers for portable and personalized gadgets is the primary driver of the market. The rapid technological advancement and high adoption rate of smartphones have fueled the growth of the 3D mobile theater market. Exploration of the 3D mobile theaters market is also driven by huge investments from government and private ventures, pushing the demand for 3D mobile theaters.

However, the 3D mobile theater market is anticipated to be influenced adversely by its high cost. Also, the 3D mobile theater will lead to side effects on human health, such as headaches, dizziness, and nausea. This pushes the sales of 3D mobile theaters.

Which is the Biggest for 3D Mobile Theater Market?

The 3D mobile theater market is categorized as North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa (MEA).

There is a higher rate of adoption of 3D mobile theater in North America, with higher adoption for VR and AR technologies. Europe is also forecasted to have massive adoption of VR & AR technologies and bud-up start-ups, creating a potential market for 3D mobile theater.

How is East Asia and Latin America Contributing to Growth of the 3D Mobile Theater Market?

East Asia’s 3D mobile theatre business is being boosted by infrastructure upgrades and favourable government legislation. The market for 3D mobile theatres in Latin America and South Asia is predicted to develop as people’s living standards rise and their disposable income rises.

The 3D mobile theater market in the Middle East and Africa (MEA) is estimated to grow significantly due to the higher adoption rate of trending technologies and gadgets and the changing lifestyle of the population.

Which are the Key Competitors of 3D Mobile Theater Market?

The key players of the 3D Mobile theater market are focusing on mergers and collaborations that are fueling the sales of 3D Mobile theater. Also, companies focus on using better visual and audible quality with new strap options.

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Key players in the 3D mobile theater market include

  • Sony Corporation
  • Royole
  • Facebook
  • Google
  • Microsoft
  • Magic Leap
  • HTC
  • Samsung
  • WorldViz
  • Unity Technologies
  • Nvidia
  • Avegant Corporation
  • GOOVIS USA Inc
  • BOBOVR
  • Xiaomi Corporation and Cinera

Recent Market Development:

Royole has launched its royole mood 3D mobile theater that provides FHD resolution and hi-fidelity noise cancelling headphones. This pushes the sales of 3D mobile theatres.

HTC has also introduced its HTC Evo 3D that claims to have a unique sound quality and vivid lights, increasing the competition in the market and pushing the sales of 3D mobile theater worldwide.

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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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Industrial Workwear Market is Estimated to Reach US$ 16,312.6 Mn in 2022

The industrial workwear market is poised to reach a valuation of US$ 16,312.6 Mn in 2022. Sales are projected to increase at a 6.1% CAGR, surpassing US$ 29,490.2 Mn by 2032.

As per the study, the apparel industry has gone through a rapid transition over the past decade. Manufacturers in the industrial workwear market are investing extensively on product-development to expand their customer base.

Availability of workwear with multi-purpose facilities such as sweat-proof fabric and fireproof materials will drive the demand in the market. Further, need for better-quality materials in heavy-duty tasks especially from oil & mining, manufacturing, automotive, construction and chemical industries is expected to boost the sales of industrial workwear.

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Additionally, manufacturers in the industry are focusing on increasing needs of safety enabled as well as fashionable workwear. Growing preference for fashionable workwear is encouraging the manufacturers to invest in research and development to develop trendy workwear.

For instance, Lenzing’s introduction of Tencel, a cellulose fibre designed for use in industrial laundry. A Tencel/polyester blend, according to Lenzing, is perfect for industrial laundering.

Key Takeaways from the Industrial Workwear Market Study:

  • In terms of product type, top wear industrial workwear are expected to have a considerable revenue share.
  • Based on end-use industry, the services sector is expected to dominate the industrial workwear market through 2022 & beyond.
  • Online distribution channel is anticipated to be most preferred among end users on the back of growing penetration of e-commerce channel.
  • India is expected to lead the growth in South Asia industrial workwear market over the assessment period
  • The U.S. is projected to vanguard the sales in North America industrial workwear market during the forecast period

“Growing preference for high-quality textile and fabric is one of the key factor stimulating the demand in industrial workwear market. Hence, key players are capitalizing on the existing trend and developing fashionable clothes to expand their customer base” says an FMI analyst.

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Who is winning?

Top industrial workwear product manufacturers’ strong promotional techniques, marketing, and new product debuts have fueled global sales growth. WATTANA GmbH, Carson GmbH, HB Protective Wear GmbH & Co. KG, SIMLOC, engelbert strauss GmbH & Co. KG, 3M Company,VF Corporation, Ansell Ltd., Aramark Corporation, Honeywell International Inc., Carhartt Inc., Alsico NV, and A. LAFONT SAS among others are among the major competitors in the industrial workwear market.

Global Industrial Workwear Market by Category

By Product Type:

  • Top Wear
  • Bottom Wear
  • Overalls

By End-use Industry:

  • Service
  • Food Services
  • Construction
  • Hospitality
  • Oil & Mining
  • Manufacturing
  • Automotive
  • Chemical
  • Other

By Consumer Orientation:

  • Men
  • Women
  • Unisex

By Distribution Channel:

  • Online
  • Offline
  • Direct
  • Wholesaler
  • Retailer

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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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Smokeless Cigarettes Market is Expected to Reach a Market Valuation of US$ 28.42 Billion by the year 2022

The market for smokeless cigarettes is expected to expand at an impressive 16 percent each year from 2022 to 2032. By 2032, the market share for smokeless cigarettes is projected to have a net worth of US$125.4 billion, up from US$28.42 billion in 2021.

As more individuals learn that e-cigarettes are healthier than traditional cigarettes, especially among the younger generation, market trends for smokeless cigarettes are predicted to increase. Additionally, the ease of use of these devices has increased consumer acceptance, which is anticipated to support the growth of the smokeless cigarette market throughout the course of the projected period.

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Since they cannot afford to buy cigarettes on a regular basis due to rising indirect taxes on tobacco products in numerous nations, consumers are more inclined to opt for alternatives like smokeless tobacco products. The simplicity with which consumers can purchase different tobacco products at local markets is another important factor in why people choose smokeless cigarettes to traditional tobacco cigarettes.

Asia Pacific is the rapidly growing region with the emerging smokeless cigarettes market players such as Shenzhen Huaxinyu Technology Co., Ltd., Shenzhen Eroad Technology Co., Ltd., and Shenzhen Kindol Terminal Technology Co., Ltd. and ather regional players contributing to the growth.

Key Takeaways

  • The current day net worth of global smokeless cigarettes market size is estimated to be around US$ 28.43 Billion.
  • The gross forecasted value of the global market is predicted to reach US$ 2.5 Billion by the year 2032 as per the off road all terrain e-scooter market analysis.
  • Though electric smokeless cigarettes occupy more than 80% of the market revenue share, non-electric smokeless cigarettes have emerged to be the rapidly growing segment at a CAGR OF 17.3%.
  • On the basis of distribution channel, offline segment remains the dominating segment for the global smokeless cigarettes market, however the online channel is gaining traction in the present years with the proliferation of e-commerce websites.
  • North America stands as the most important region for its smokeless cigarettes market size contributing almost 50% of the global revenue share.
  • In terms of growth factor, Asia Pacific is the most promising region with a smokeless cigarettes market share that is predicted to grow at 15.8% over the forecast years of 2022 to 2032.

Competitive Landscape

Owing to the existence of a number of regional, national, and international competitors in the smokeless cigarettes market there is a lot of competition among them. New product invention and promotion are the most often used tactics among the smokeless cigarettes market participants.   The competitiveness is also being heightened by rising business concentration ratios and company advertising expenditures.

Smokeless Cigarettes Market By Segmentation

By Type:

  • Electric
  • Non-electric

By Distribution Channel:

  • Offline
  • Online

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Recent Developments in Smokeless Cigarette Market

  • In January 2019, Juul Labs Inc, a California-based electronic cigarette maker, launched e-cigarettes that will be available in India. The decision was made in order for the corporation to expand its commercial footprint, notably in Asia Pacific region owing to the higher smokeless cigarettes market opportunities in the region.
  • Around December 2020, Jap Tobacco Inc. signed an agreement with Sauber Engineering AG that is a modern day prototype and innovator. As part of the deal, these two businesses must collaborate to provide better user experience using the former’s vaping devices and products.

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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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Collapsible Food Packaging Containers Market – Global Revenue Growth Expectations in the Near Future

Collapsible food packaging containers are known as foldable food containers which help in saving space for a convenient carrying option. The external volume required by the container during the transportation and logistics solves the space shortage problem during the entire process along with the cost reduction.

The collapsible food packaging containers come with different materials like plastic, wood etc. and various manufacturers supply these collapsible food packaging containers for packaging of a wide range of consumer goods and other industrial goods.

The demand for different collapsible food packaging containers (such as crates, boxes, etc.) has emerged as a preferred packaging over other traditional food packaging containers. The growth in demand for convenient and portable packaging solutions in food industry is expected to accelerate the collapsible food packaging containers market over the forecast period.

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Collapsible Food Packaging Containers Market: Dynamics

Drivers:

The collapsible food packaging containers are not bulky and are cost effective. These products are helping the manufacturers to cut the cost reduction. Moreover, these containers are reusable and provide enough storage space available.

These collapsible food packaging containers are the perfect solution for transportation. These are some of the major key factors, which are driving the growth of the collapsible food packaging containers market in the industry.

Restraints:

The initial cost for purchasing the collapsible food packaging container might hamper the growth in the future. However, once the product is purchased, it can give a well return on the investment.

Opportunities

Rising Trend of Hiking and Travelling

The collapsible food packaging containers are perfectly suitable for carrying around for any outside activity as these containers can be folded and stacked according to the requirement. People are travelling more to get rid of their daily busy schedule for operating recreation process in their body and this trend is augmenting the market of collapsible food packaging containers.

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Growth in Industrialization

The rapid growth of food industrialization across the world is fuelling the market of collapsible food packaging containers. Collapsible food packaging containers are popularly preferred for the packaging of products in bulk amount due to the features such as toughness, cost-effective, and recyclable.

These are also used for the packaging of larger and heavier products. Flexibility in the production proficiencies has allowed manufacturers to manufacture and supply collapsible food packaging containers to capture a wide range of end users operating in food industries.

Collapsible Food Packaging Containers Market: Impact of Covid-19

The robust outbreak of Covid-19 has affected the financial conditions of various economies. The declined growth rates of these economies are affecting the manufacturers of collapsible food packaging containers negatively. The widespread health crisis created by the coronavirus is adversely affecting the end-use sectors of collapsible food packaging conatainers.

Additionally, price fluctuations of raw materials have impacted the acquirement cost for producers which is hampering the growth of collapsible food packaging containers market. Moreover, sanction rule implemented for the crude oil import process is likely to affect the oil price overall which is resulting in raw material- price fluctuation.

This is expected to affect the demand for collapsible food packaging containers negatively. But the sales of the collapsible food packaging containers is dependent on different factors like global severity of the disease, duration of the situation and numerous rules and regulations implemented by various government authorities around the world.

Collapsible Food Packaging Containers Market: Regional Outlook

The Asia Pacific excluding Japan, collapsible food packaging containers market is expected to lead the market owing to the countries like China and India’s large population and largest rate of food consumption. North America and Western Europe regions are expected to show a good growth over the forecast period in terms of rapid industrialization and rising disposable income rate.

Latin America and MEA are expected to exhibit a decent growth rate over the forecast period for the collapsible food packaging containers market due to the growing hotel industry in that particular regions.

Collapsible Food Packaging Containers: Key Players

  • SKI Plastoware Private Limited
  • Jaycoplastic
  • Neeyog Packaging
  • WestRock
  • LZ Industrial Co.,Ltd.

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Collapsible Food Packaging Containers Market: Segmentation

The global collapsible food packaging containers are segmented by material, product type and application.

By Material :

  • Plastic
  • Metal
  • Stainless Steel

By Product Type :

  • Boxes
  • Crates
  • Bottles
  • Jars

By Application :

  • Food and Beverage industry
  • Hotels and restaurants
  • Retail sector
  • Household

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Non Heat Sealable Film Market Future Analysis, Demand by Regions and Opportunities with Challenges 2030

Flexible Packaging is one of the best forms of packaging that combines aluminium, plastic and paper. Flexible Packaging manufactures multiple range of products that are often employed with few raw materials and are strong formats in design.

Flexible Packaging products includes pouches, wraps, bags liners etc.  Non heat sealable films are one of the formats that is being manufactured. The technology used for Non heat sealable films is cold-seal packaging. Non heat sealable films are the ones that have one reverse side printed with retail products information and another film that protects the product from inside by laying a barrier.

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Non Heat Sealable Film Market: Dynamics

Non heat sealable films to accelerate the Retail Industries

Non heat sealable films are useful on large scale for food and beverage industry products such as grocery products, cereals, proteins etc. As, Proper sizing of Non heat sealable films can be adjusted in very short span with customized printing of graphics with latest technology printers will increase the production speed for manufacturers of food and beverage industries.

The technology used with Non heat sealable films is very cost-effective and operation efficient.

Non heat sealable films to boost the confectionery goods packaging

Many of the confectionary products like sweets, cereals, etc. manufactures face problems during preserving product during transportation to end users and packaging stage. So, non heat sealable films are used for these products to keep them moisturized and airing them with oxygen whenever required.

The technology that is typically used for non heat sealable films for such products are press cold welding which is designed to protect the product from external damage and enable faster production. For example: Darrell Lea is an Australian company that manufacturers confectionary products like sweets, pastries, cakes, cereals etc. They have chosen Non heat sealable films for their products with cold seal packaging technology.

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Non heat sealable films to have constrains due to alternative packaging format

Alternative for Non Heat Sealable Films are the Heat-sealed films that are basically used in various application such as pharmaceuticals and chemical industries, etc. As, they provide good barrier against moisture, anti-dust, waterproof, and most importantly are used for strong adhesive properties.

But, Non Heat sealable films are typically designed for the long run production of material that are not pressure sensitive and can increase production up to 10x faster when heat seal packaging is not applicable. Non Heat Sealable Films can be useful for pharmaceutical products such as natural latex rubber gloves, wipes etc.

Non Heat Sealable Film Market: Regional Outlook

Asia-Pacific accounts for a large share of the Non heat sealable film market as compared with other regions due to the growing food industry in the country. In turn, rapid growth in the demand for pharmaceutical packaging is expected to fuel the production of Non heat sealable films.

The Europe demand for Non heat sealable films is led by packaging films from Asia Pacific. These two countries will suit the North America Non Heat Sealable Films market.

Non Heat Sealable Film Market: Key Players

  • Cosmo Films Ltd.
  • Max Speciality Films
  • Toray Plastics Inc.
  • Vacmet
  • SRF Limited
  • Jindal Films
  • Web Plastics Company
  • Rowad
  • Polyplex Corporation Ltd.
  • Gulf Pack

COVID-19 Impact on Non Heat Sealable Film Market

The coronavirus impact on Non heat sealable film market will be determined by retail industry as it being primary driver to accelerate Non heat sealable film demand in market. The manufacturers may expect an enormous change in consumer purchasing behaviour during the presence of coronavirus worldwide. This would adversely impact the retail industry worldwide.

Especially, GCC countries are now facing a gloomy trend of economic growth and many other global problems including weak GDP growth, dropping oil prices and regional instability. Several companies may be at risk as governments in countries such as the United Arab Emirates (UAE) and Saudi Arabia are planning to take COVID-19-containment measures.

Experts in the retail sector have reported a massive increase in demand for sectors falling under the ‘critical’ bracket including packaged goods, customer health and personal well-being, and home care products. Thus, non heat sealable films will have great potential to increase its market in retail sector for estimated years.

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Non Heat Sealable Film Market: Segmentation

Globally, the Non Heat Sealable Film Market is divided on the basis of material, thickness Film type, & end-use industry

Material:

  • PET
  • BOPP
  • Polyester

Thickness:

  • Less than 12 microns
  • 12-30 microns
  • More than 30 microns

Film Type :

  • One Side Corona Treated
  • Both Side Corona Treated

End-Use Industry:

  • Food
  • Pharmaceutical
  • Chemicals
  • Others

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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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Test Tube Market is Expected to Generate Huge Profits by 2030

The important target markets for test tube marketers are the industries which are in the chemical, pharmaceutical, healthcare and education. These industries are very majorly involved in the test tube market.

For the experimental purpose the chemical industries reused test tubes, which can also be used as containers in chemical laboratories. The chemical industry is the largely valued consumers for test tube manufacturers.

For making medical formulae, pharmaceutical companies need test tube on a daily basis. In the test tube market, there are different types such as filtration/concentration, micro centrifuge, conical and round bottom, as well as reusable, glass, and sterile tubes are available.

In higher standards, for educational purpose test tubes are used in school and college laboratories. To bring blood samples mostly, test tubes are the integral part of any healthcare institute.

Because of the hygiene perspective, healthcare sector needs the non-reusable test tubes, thus they need them in massive quantities. Hence manufacturers’ consider the healthcare sector as their important target market.

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Test Tube Market – Market Dynamics

The impact of COVID-19 on the sale and test tube market is recognisable. The tremendous requirement from the healthcare sector received to test tube manufacturers in the last four-five months.

Test tube market is one of the few markets which have not seen downfall because of the COVID-19 impact. There is a continuous requirement from the healthcare sector for test tube industry from pharmaceutical and chemical industry too.

The material used in the manufacturing of test tubes plays a very important role. Depending on the purpose of using the materials manufacturers need to provide to the consumers. There is always a requirement of the different materials used in the manufacturing of the test tubes depending on the purpose.

There is also an inverse impact of COVID-19 outbreak on the test tube market. The sudden lockdown declared in Asian and North American countries like China, US, Germany causes lack of site access which impacted on issues in the supply chain of the test tube market.

China is the centre of this disease and also the major hub of the chemical industry, and thus many other countries are ultimately impacted because of the COVID-19 impact.

The quality and material used are industry-dependent factors and it plays a vital part in test tube market. To avoid complaints from the consumer markets, manufactures should provide multiple options in the materials used during manufacturing.

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Test Tube Market – Regional Outlook

Over the past few years, there is a drastic increase in the population in North America, which automatically give risen demand for the test tube market. Technologically healthcare industry is rising very rapidly in the North American countries like the US and Canada.

Thus this region has become a large and growing market for the test tube industry. Higher population countries like India and China already have a high demand for test tube market. South Asian countries also adopting technological advancement, which will give growth to the test tube market. The Middle East and African countries also can give better opportunities in the forecast period.

Test Tube Market – Key Players

There is massive competition in test tube market

  • Corning Inc.
  • Fisher Scientific
  • Kimble software
  • Pyrex
  • Taylor Technologies
  • VWR International
  • Lake Charles Manufacturing
  • Sigma-Aldrich
  • Nova-Tech International
  • Becton, Dickinson and Company

The report on test tube market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Test tube market also maps the qualitative impact of various market factors on market segments and geographies.

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Test Tube Market – Market Segmentation

The global test tube market is segmented by material type, product type, and end use.

material type:

  • Plastic
  • Glass
    • Borosilicate Glass
    • Soda Lime Glass

product type:

  • Reusable
  • Single-use

end use:

  • Medical & Pharmaceutical
  • Chemicals
  • Other End Use

About Us:

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 Us:

Future Market Insights Inc.

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T: +1-845-579-5705

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Bone Cement Delivery Systems Market– Global Industry Analysis and Deeper Insights | FMI

Bone Cement Delivery Systems Market Outlook (2022-2032)

[340 Pages Report] As per FMI, the Bone Cement Delivery Systems Market is predicted to witness US$ 830 Mn in 2022 and is expected to exhibit a CAGR of 6.9% from 2022 to reach US$ 1730 Mn by 2032.

The primary factor responsible for this significant market growth and sales of bone cement delivery systems includes an increased count of osteoporotic fractures.

Key Companies profiled

BD, Stryker Corporation, 3M, Cardinal Health, Entellus Medical, Johnson & Johnson Services, Inc., Medtronic PLC, Smith & Nephew plc, IZI Medical Products, and Synimed.

Report Attribute

Bone Cement Delivery Systems Market Anticipated Forecast Value (2022)

US$ 830 Million

Bone Cement Delivery Systems Market Anticipated Forecast Value (2032)

US$ 1730 Million

Bone Cement Delivery Systems Market Projected Growth Rate (2022-2032)

6.9% CAGR

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In orthopedic musculoskeletal surgical procedures, bone cement is used to fix prostheses to the bone. The surgical procedures can be osteoarthritis, traumatic arthritis, osteoporosis, vascular necrosis, rheumatoid arthritis, collagen disease, and revision of the previous arthroplasty.

Bone cement delivery systems have gained broader acceptance for several orthopedic surgeries and procedures in the past few years. Even though bone cement has been the gold standard in the field of joint replacement surgery, its uses are rather reduced due to the invention of press-fit implants, which promotes the growth of bones. The inadequacies, side effects and toxicity of bone cement have been addressed in recent times.

The global bone cement delivery systems market is predicted to gain more popularity owing to the increasing prevalence of osteoporosis worldwide. Fractures in the spine, hip, knee, shoulder, or wrist is termed osteoporotic fracture. This has grown to nearly 8.9 million worldwide. Therefore, an increasing number of individuals who are undergoing osteoporosis is anticipated to drive the demand for bone cement delivery systems.

According to a particular study published by the International Osteoporosis Foundation, there are over 200 million individuals worldwide who are suffering from osteoporosis. Moreover, around 8.9 million fractures happen due to osteoporosis each year; this factor further boosts the sales of bone cement delivery systems.

In addition to this, another factor contributing to the growth of bone cement delivery systems market share is the increasing number of knee and hip replacements. In the United States alone, the number of hip replacement surgery has reached 572,000, and by 2030, knee replacements will reach 3.5 million.

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What Factors are Propelling the Bone Cement Delivery Systems Demand?

According to the global bone cement delivery system market trends, it has been observed that across the world elderly population undergoes various orthopedic procedures or surgeries due to higher vulnerability to many orthopedic conditions and the constant rise in the geriatric population across the globe. This is the key factor that has boosted the demand for bone cement delivery systems.

The manufacturers have a constant urge to maintain their revenue share in this market, and this drives them to focus on a novel approach that, as a result, promotes the growth of the market.

Additionally, there are some other key market driving factors such as rising competition and regional growth, increasing trends and acceptance of innovative procedures. Facts such as bone cement delivery systems are very efficient to use and give firm control and target delivery of a precise amount of cement delivery, integrated safety mechanisms, and negligible risk of injuries to the patient are some of the key reasons which have boosted the demand for bone cement delivery systems.

With all the market driving factors, there also comes some factors that hamper the growth of the market. Factors such as various risks linked to the bone cement delivery systems, lack of awareness of the same, and lack of affordability in the middle-income and poor countries as anticipated to hinder the bone cement delivery systems’ market growth during the forecast years.

The restricting factors like higher costs associated with bone cement and the presence of counterfeit products will hinder the growth of the market. The bone cement delivery systems have found their application in several surgical procedures like hip arthroplasty, kyphoplasty, knee arthroplasty, and vertebroplasty, and this will further strengthen the demand for bone cement delivery systems market.

In 2020, the arthroplasty segment was responsible for the biggest bone cement market share. Arthroplasty is done when several other medical treatments fail in pain-relieving and are unable to restore joint function. Therefore, in recent years this procedure has gained popularity and is, as a result bolstering the market’s growth.

In the cement type segment, polymethyl methacrylate cement is responsible for a significant market share, and the calcium phosphate cement segment is anticipated to garner maximum CAGR during the forecast period.

Polymethyl methacrylate is a plastic having extraordinary mechanical properties and very minimum toxicity. This cement is widely known to be used in hip replacements owing to its inert properties. However, they do degrade slowly. This rise in demand for polymethyl methacrylate is boosting market growth. Of the end-user segment, in 2020, the hospital segment dominated and is also known to lead the segment’s market during the forecast period. This is due to the increasing prevalence of osteoporosis.

Which Region accounts for the Significant Share in Bone Cement Delivery Systems Market?

Based on geography, the global bone cement delivery systems market is segmented into several key regions, viz. North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

Region-wise, it has been predicted that North America could be responsible for holding the majority market share of the global bone cement delivery systems market. Factors like rising incidences of accidents that result in bone ruptures and fractures have contributed to the demand of this market in this region. Centres for Disease Control and Prevention report released data which stated that approximately 4 million people visit the emergency section of hospitals due to fractures. But osteoporotic fractures are not very cost-efficient, and, therefore, it has given growth opportunities in this market.

Following this region, Europe is predicted to garner a higher market share due to a greater number of manufacturers’ presence and novel product launches of bone cement delivery systems for several surgeries.

In the Asia Pacific region, countries like India, China, Korea, and Japan are said to experience an increased adoption rate and increase in healthcare expenditure; this will propel the growth of the bone cement delivery system market in the Asia Pacific. The International Osteoporosis Foundation in 2017 recorded 8.9 million fractures. Furthermore, there is more acceptance for general, prosthetic fixation and an increasing number of knee surgeries, and this has facilitated the growth of this market further.

Bone Cement Delivery Systems Market Competition

Some of the most prominent companies in the global Bone Cement Delivery Systems market are BD, Stryker Corporation, 3M, Cardinal Health, Entellus Medical, Johnson & Johnson Services, Inc., Medtronic PLC, Smith & Nephew plc, IZI Medical Products, and Synimed.

Stryker’s AutoPlex mixer and delivery system are extremely fast and convenient to use. With a single press of a button, the device mixes and transfers superiorly viscous bone cement for delivery in less than 60 seconds. It has an automated blade that is driven by a mixing chamber and renders continuous blending of components and thereby excluding human error and variability.

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Scope Of Report

Growth rate

CAGR of 6.9% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 – 2020

Forecast period

2022 – 2032

Quantitative units

Revenue in USD Million, volume in kilotons, and CAGR from 2022 to 2032Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Bone Cement Type, Surgery Type, End User, Region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa