Packaging Straps and Buckles Market to Surpass US$ 5.7 Bn by 2032 Amid High Demand from the E-commerce Sector Worldwide

According to a latest report by FMI, the global packaging straps and buckles market is expected to reach a valuation of US$ 3.5 Bn in 2022. Demand is slated to surge at a 5% CAGR over the assessment period, pushing the market size to US$ 5.7 Bn by 2032.

Rising preference for heavy-duty packaging formats, along with increasing requirement to protect the product against damage during transportation are fueling sales in the market. Growth in e-commerce, building & construction, transportation & logistics, pharmaceuticals, and other industries is boosting the demand for packaging straps and buckles.

Packaging straps and buckles are flat and flexible and have a high breaking strain which can be used for heavy goods to seal the product tightly to prevent it from falling. Packaging straps and buckles help to protect products from damage during shipping and transportation.

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Plastic packaging straps are generally smooth in texture and mostly made from recycled materials. Packaging straps keep the product in a stationary position during the transportation to avoid accidents and movement of large containers. Stacking of goods during transportation to make shipping safer and more economical will boost the packaging straps and buckles market.

Composite strapping is the latest development in strapping technology. The composite strap is stronger, safe to use, cost effective, and easier. Due to the rapid industrialization, and the increasing number of cross-border trade, sales are expected to increase at a considerable pace over the forecast period.

“Rising need for efficient, cost-effective and sustainable packaging solutions is driving sales of plastic straps and buckles. Besides this, ongoing technological advancements in strapping equipment will augment the growth in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • On the basis of application, sales in the cartons segment are expected to increase 1.8 times the current value over the forecast period.
  • By material, the plastic segment is expected to hold 65% of the total market share by 2032.
  • Sales in the China packaging straps and buckles market will increase at a 6.5% CAGR over the forecast period.
  • Demand for packaging straps and buckles in India will grow at a 5.8% CAGR over the assessment period.
  • South Asia and East Asia are expected to be the biggest markets for packaging straps and buckles.

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Competition Landscape

Allstrap Steel and Poly Strapping Systems, M.J. MAILLIS GROUP, Fromm Packaging Systems Inc., Nefab Packaging Inc., Caristrap International Inc., Signode Protective Packaging Solutions, MESCORD, VG Enterprises, American Strapping Company, Multitech Products Pvt. Ltd., SPECTA AG, Future Packaging, Jiangsu Trumpstrap Packaging Technology Co., Ltd., Global Strap CC, Matco Packaging LLC, Royal Packaging Industries, Lifex, DSB Packaging, Rhino Strapping Products, Inc., Carolina Strapping and Buckles Company (CS&BC) are some of the leading players operating in the global packaging straps and buckles market.

Global Packaging Straps & Buckles Market Report

Future market insights, in its new report, offers an unbiased analysis of the global market for packaging straps & buckles market by material type (plastic & steel), by strength (light duty, medium duty, and heavy duty), by end use (manufacturing industry, logistics & transportation, building & construction, e-commerce, and household) across seven regions.

Packaging Straps and Buckles Market by Category

By Material Type:

  • Plastic
  • Steel

By Strength:

  • Light Duty
  • Medium Duty
  • Heavy Duty

By End Use:

  • Manufacturing Industry
  • Logistics & Transportation
  • Building & Construction
  • E-commerce
  • Household

By Region:

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

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Myopia and Presbyopia Treatment Market is set to witness an impressive growth rate of 8.5% From 2022 to 2032

[333 Pages Report]The global myopia and presbyopia treatment market is set to witness an impressive growth rate of 8.5% over the forecasted years of 2022 to 2032. The myopia and presbyopia treatment market size is anticipated to reach a valuation of around US$ 40.5 Billion by the end of year 2032 from the current valuation of US$ 17.9 Billion in 2022.

Attributes Value
Myopia and Presbyopia Treatment Market Size (2022) US$ 17.9 Billion
Myopia and Presbyopia Treatment Market Projected Size (2032) US$ 40.5 Billion
Myopia and Presbyopia Treatment Market Growth CAGR (2022-2032) 8.5%

According to the ‘World Report on Vision 2019’ issued by the World Health Organization, the yearly global costs of productivity losses linked with vision impairment from untreated myopia alone were projected to be US$ 244 Billion. In comparison to the preceding five years, the prevalence of myopia has climbed from 1.4% to 3% as revealed by myopia and presbyopia treatment market analysis report in 2020. As an inference, given the increase in myopia instances, the overall myopia and presbyopia treatment market is anticipated to rise rapidly over the next years.

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Increasing government funding for conditions that cause visual impairment could help myopia and presbyopia treatment market size develop more broadly during the projected period. Additionally, the ability to prevent significant health problems including glaucoma, cataracts, and retinal damage if the condition is identified and treated early enough is also expected to fuel the expansion of the worldwide myopia and presbyopia treatment market during the projection period.

The myopia and presbyopia market growth is favored due to the rapid improvement in the treatment procedures and the expansion of eye clinics. Increase in the prevalence of visual impairments and brought on by these disorders and are observed to be boosting the global myopia and presbyopia treatment market share.

Higher use of contact lenses among the younger generation of present age, as well as surgical alternatives across the countries have boosted the myopia and presbyopia treatment business significantly.   Furthermore, the myopia and presbyopia treatment market opportunities is expanding as a consequence of technological introductions, an increase in optometrists, and rising consumer knowledge of available treatment alternatives.

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Key Takeaways from Myopia and Presbyopia Treatment Market Study

  • The overall growth of the global myopia and presbyopia treatment market is estimated to be around US$ 20.6 Billion over the forecasted years of 2022 to 2032 by following the average CAGR of 8.5%.
  • The net worth of the myopia and presbyopia treatment market size is predicted to reach around a valuation of US$ 40.5 Billion by the end of the year 2032.
  • In the myopia treatment market segment, the single prescription treatment is the dominating category of the overall market with revenue share of more than 30% generated globally.
  • In the presbyopia treatment category, the prescription lenses segment holds the largest share of more than 25% of the revenue generated globally.
  • Among the broad geographical regions, US myopia and presbyopia treatment market leads the target market with a strong foundation and infrastructure for the technological innovations pertaining to ocular treatment.

Competitive Landscape

Some of the well-known myopia and presbyopia treatment market players are Ziemer Ophthalmic Systems AG, NIDEK CO., LTD., Johnson & Johnson Vision, Essilor Ltd., Zeiss International, ALCON VISION LLC, Bausch & Lomb Incorporated, Haag-Streit UK, and Topcon Corporation among others.

Recent Developments in the Global Myopia and Presbyopia Treatment Market:

  • CooperVision began the Take Control: Myopia & You education campaign in October 2021 with the goal of raising attention and inspiring parents to seek eye checkups for their kids mostly in United States.
  • The Max orthokeratology lens from Euclid Systems Corp. was introduced in June 2021 that is intended to momentarily decrease myopia incidences.

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Myopia and Presbyopia Treatment Market by Segmentation

By Myopia Treatment Type:

  • Corrective
    • Prescription Lenses
      • Single
      • Bifocal
      • Trifocal
      • Others
    • Contact Lenses
  • Surgical
  • Drugs

By Presbyopia Treatment Type:

  • Prescription Lenses
    • Reading Glasses
    • Bifocals
    • Trifocals
    • Progressive Multifocal
    • Office Progressives
  • Contact Lenses
    • Bifocal
    • Multifocal
    • Monovision
    • Modified Monovision
  • Intraocular Lenses
  • Refractive Surgery

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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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Virology Market to reach a valuation of US$ 3.53 Billion by 2032 | FMI

[250 Pages Report] Virology, the study of viruses, is an unparalleled branch of life sciences. With immensely high prevalence of diseases such as flu, hepatitis, AIDS, and STDs, the importance of virology is repeatedly highlighted. The global virology market is expected to grow over 2022-2032.

FMI’s research identifies growing infectious diseases as a key force driving the market throughout the forecast period.

Key Drivers: Virology Market

Early in 2016, the WHO officially issued a warning about the possible spread of zika virus to each Western Hemispheric region, as the disease vector Aedes aegypti was found to thrive strong in tropical and sub-tropical climatic conditions. This has been a key driver of market growth throughout 2016.

The virology market is constantly catering to the prevention and cure needs put forth by the healthcare sector; however, several diseases continue to demand R&D of novel applications, driving the growth of virology market. Various treatments and diagnostic processes also employ virology applications, further fuelling the market growth.

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Burgeoning applications of virology research in gene therapy, phage therapy, formulation of vaccines, and synthetic biology is another factor fostering the overall growth of the virology market.

Moreover, the field of virology is extending in various forms, including molecular virology, paediatric virology, computational virology, and many more, prompting at increasing research findings throughout the forecast period. Research prospects are high and FMI indicates a continuing need for trained virologists in the near future.

Public awareness programmes conducted worldwide on flu, zika virus, STDs, AIDS, and Ebola virus are also a key factor increasing public awareness and eventually influencing the market.

Key Restraints to Market Growth

Maintaining the quality and safety standards of viral a controlling therapy has been a longstanding challenge, which is anticipated to hamper the market in the forecast period as well. Moreover, stringent approval processes for antiviral drugs is also foreseen to be a restraint to market growth. Another factor identified for affecting the market growth includes resistance toward and side effects of antiviral drugs for new treatment options.

Current Trends in the Virology Field

In 2015, the virology industry was predominantly influenced by ebola, MERS, and hepatitis C viruses. In 2016, zika virus is dominating the research, with better prospects in the near future. Virologists are persistently investigating novel applications for viruses. Currently, an ongoing research is experimenting on the exploitation of viruses for plant production, aiming at the efficient production of high quality, eco-friendly food.

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Global Virology Market: Competitive Landscape

By 2017 end, a few important patents are approaching expiry, including Tamiflu, Sustiva, Tenofovir, Combivir, Relenza, and Telbivudine. Following expiry of these blockbuster drugs, the market is estimated to discover a dynamic competitive landscape. The generic competition in the virology market will be at a high pace 2017 onward.

Apart from expiring drugs, the market also has some late stage pipeline drugs, including Inavir, Elvitegravir, Vicriviroc, Rilpivirine, and Rapiacta. These drugs are set to enter the global market, fostering the competition globally.

Regional Outlook: Global Virology Market

North America is the largest virology market led by the U.S., owing to technological advancements such as rapid, portable diagnostics. N. America is expected to retain the top market position over the forecast period as well.

Europe is projected to maintain the position as the second largest market globally. During the forecast period, Europe is anticipated to record the highest CAGR, attributed by enhanced healthcare infrastructure, facilitated access to diagnostics, and growing affordability of diagnostic tests for viral diseases.

Japan is currently a growing virology market, which is estimated to grow at a remarkable CAGR through to 2025. However, APEJ and Africa are expected to witness the most promising growth opportunities during the forecast period. While China will be a leading APEJ market, India will contribute a considerable revenue share to the APEJ virology market.

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Key Players in the Global Virology Market

The notable players identified in the global virology market include GlaxoSmithKline plc, Abbott Laboratories, Boehringer Ingelheim Corporation, Merck and Co. Inc., Novartis International AG, Siemens, Johnson & Johnson, AstraZeneca AB, and Roche.

Merck and Co. Inc. has several drug candidates in phase 2, including cancer, diabetes, cardiac arrest, and hepatitis C, and some candidates in phase 3, including breast cancer, atherosclerosis, Alzeimer’s, ebola, and HIV. The company also has many other candidates, which are currently under review.

Abivax, a high profile biotech company in Paris, France, has already successfully produced candidates against dengue and chikungunya viruses. The company has a few more candidates against HIV and ebola, currently under development.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, accessories and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Virology Market: Segmentation

Based on product type, the global virology market is segmented into

  • Diagnosing Test
  • DNA Viruses
  • RNA Viruses
  • Prions Diagnostic Test
  • Other Viral Tests
  • Viral Infection Controlling Methods
  • Immunoprophylaxis
  • Active Prophylaxis (Vaccines)
  • Passive Prophylaxis
  • Antiviral Chemotherapy
  • Virucidal Agents
  • Antiviral Agents
  • Immunomodulators
  • Interferons
  • Cytokines

FMI’s research on the global virology market provides a 10-year forecast, segmenting the market on the basis of application, end-use, and region.

Based on application, the global virology market is segmented into

  • Skin and Soft Tissue Infections
  • Respiratory Tract Infections
  • GI Tract Infections
  • Urinary Tract Infections
  • Eye Infections
  • CNS Infections
  • Sexually Transmitted Diseases
  • Perinatal Infections

According to the end-user, the market is segmented into

  • Hospitals
  • Clinics
  • Laboratories
  • Diagnostic Centres
  • Blood Banks
  • Pharmacies

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Immunochemistry Products Market is expected to record a CAGR of 7.25% From 2022-2032

Immunochemistry refers the study of immune system. Immunochemistry instruments help to major immune system functions by detecting the nature of specific protein, antibodies, antigen and their interaction. Immunochemistry used to treat various diseases such as cancer, heart disease, infectious disease, drug development, endocrinology and drug abuse testing. Immunochemistry used by end users such as hospitals, clinics, diagnostic laboratories, research laboratories, biotechnology and biopharmaceutical companies.

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Attributes Details
Immunochemistry Products Market Value (2021) US$ 2.08 Bn
Immunochemistry Products Market Value (2032) US$ 4.5 Bn
Immunochemistry Products Market CAGR (2022-2032) 7.25%

Immunochemistry analyzers are instrument that used to do immunochemistry testing for detecting the target protein to diagnose the disease. Some of the immunochemistry analyzer are chemiluminescence (CLI) analyzers, immuno fluorescence (IFA) analyzers, multiplexed assay systems, enzyme linked fluorescence assay (ELFA), enzyme immunoassay (EIA) instruments and radioimmunoassay (RIA) analyzers.

Currently, the companies which are operates in immunochemistry, entering into the mergers and acquisition with other companies to expand its immunochemistry business. For instant, F. Hoffmann-La Roche Ltd, one of the leading company offers immunochemistry solutions acquired BioVeris Corporation to expand its leading ECL immunochemistry business into new market segments. In addition, new products launches are also help to grow the market. Abbott Laboratories, launched new instrument to complete the product line of ARCHITECT immunochemistry analyzers.

Globally, increasing focus on drug monitoring, rising prevalence of various diseases, technological advancement and awareness of new diagnostics tools among medical professionals increasing, which results the immunochemistry market is also increasing.

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Immunochemistry Products Market: Drivers and Restraints

Increasing number of patient with various diseases such as cardiovascular disorders and cancer, rising demand for technological advanced immunochemistry technologies, increasing research and development activities, government initiative, increasing disease specific immunoassay test volumes and growing aging population are some of the factors that drive the growth of the immunochemistry market.

However, stringent government regulations to produce the immunochemistry products and high cost of the products, act as an inhibitor for this market.

Immunochemistry Products Market: Key Players

Some of the key market players in global immunochemistry market are F. Hoffmann-La Roche Ltd, Siemens Healthcare, Danaher Corporation, ImmunoChemistry Technologies, LLC, Beckman Coulter Inc., Ortho Clinical Diagnostics and Thermo Fisher Scientific Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

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Immunochemistry Products Market: Region- wise Outlook

The global immunochemistry market is expected to register a healthy CAGR for the forecast period. Depending on geographic regions, global immunochemistry market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.

North America followed by Europedominates the global immunochemistry market due to increasing number of patients with cardiovascular disorder and cancers, growing aging population, developed healthcare infrastructure and growing demand for immunoassay technologies in these region. Asia-Pacific is the fastest emerging market for global immunochemistry due to growing patient population with cardiac diseases, increasing awareness about advanced immunochemistry products available in the market, developing healthcare infrastructure and rising government spending in healthcare industry in this region.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. 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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Immunochemistry Products Market: Segmentation

By Product Type

  • Immunochemistry analyzer
  • Chemiluminescence (CLI) analyzers
  • Immuno fluorescence (IFA) analyzers
  • Multiplexed Assay Systems
  • Enzyme Linked Fluorescence Assay (ELFA)
  • Enzyme immunoassay (EIA) instruments
  • Radioimmunoassay (RIA) analyzers
  • Incubators
  • Centrifuges
  • Microscopes
  • Autoclaves
  • Consumables
  • Antibodies
  • Primary antibodies
  • Secondary antibodies
  • Antigens
  • Enzymes
  • Reagents, Stains, & Buffers
  • Others

By End User

  • Hospitals and Clinics
  • Diagnostic laboratories
  • Research laboratories
  • Biopharmaceutical and biotechnology companies
  • Others

By Application

  • Oncology
  • Cardiology
  • Endocrinology
  • Infectious disease testing
  • Drug development
  • Drug and abuse testing
  • Others

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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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Specimen Transport Bags Market is anticipated to show promising growth prospects in the forecasted period 2022-2032

The market for specimen transport bags is anticipated to grow at a CAGR of 9.8% from 2022 to 2032, from an estimated US$ 244.7 million in 2022 to US$ 623.24 million in 2032. The specimen transport bags market is anticipated to show promising growth prospects in the forecasted period 2022-2032.

What are the Key Drivers to the Specimen Transport Bags Market Share

The types of path laboratories use different types of specimen transport bags. The specimen transport bags are generally used by different labs for the efficiency and precision of the diagnoses. The specimen transport bags used for chemical pathology, hematology, histopathology, and medical microbiology are the same.

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In the modern world, these bags are used so things can be done more quickly and easily. Specimen transport bags are used to prevent the specimen from dust and leakage. The two-pocket specimen transport bags use a secondary watertight receptacle in accordance with shipping biological substances.

Specimen transport bags are used for different types of path labs. For efficiency and precision of the diagnoses generally, Specimen transport bags are used by different labs. For chemical pathology, hematology, histopathology, and medical microbiology specimen transport bags are used. Nowadays these bags are used to make things easy and faster. Specimen transport bags are used to prevent the specimen from dust and leakage. The two-pocket specimen transport bags are use a secondary watertight receptacle in accordance for shipping biological substances.

Specimen transport bags are used in pharmaceutical clinical trials, Diagnostic laboratories, personalized medicine testing laboratories, transplantation testing laboratories, pathology laboratories, reference laboratories, etc. Specimen transport bags comes under both transparent as well as in different colors. The healthcare industry, generally different color specimen transport bags are used for different diagnoses. These specimen transport bags are generally used for safe transportation of sample from blood sample centers to hospitals.

Global Specimen Transport Bags Market – Key Players

Some of the players operating in the specimen transport bags are

  • Stellar Scientific,
  • Andwin Scientific Softbox Systems,
  • Heathrow Scientific,
  • Alifax Holdings Spa,
  • Fisher Scientific, and
  • Sarstedt.

Many local and unorganized players are expected to contribute to the specimen transport bags market during the forecast period.

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

Key Segments Profiled in Specimen Transport Bags Market

By Material Type:

  • Polyethylene (PE)
  • Low Density Polyethylene (LDPE)
  • Linear Low-Density Polyethylene (LLDPE)
  • Polypropylene (PP)
  • Poly Vinyl Chloride (PVC)
  • Poly Lactic Acid (PLA)
  • Ethylene Vinyl Alcohol (EVOH)
  • Other Plastic

By Product Type:

  • Opaque
  • Clear

By Application:

  • Pharmaceutical Distribution Bags
  • Cash/Coin Deposit Bags
  • Evidence Bags
  • Strap Bags
  • Card & Dice Bags

By End-Users:

  • Financial Institutions
  • Courier Services Companies
  • Hospitals
  • Casinos
  • National Retail Companies
  • Hotels
  • Government Organization
  • Academic Institutions

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)

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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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Luciferase Assays Market is likely to surpass US$ 3 Billion by 2032 | FMI

[340 Pages Report]  Luciferase Assays Market: Region-wise Outlook

In terms of geography, luciferase assays market has been divided into seven regions including North- America, Eastern Europe, Western Europe, Asia- Pacific excluding Japan, Japan Middle-East & Africa and Latin America. North America is expected to remain the dominating region while Asia Pacific is expected to emerge as a fastest growing region. Strong research funding and government to study newer assay methods makes North America the dominating region. Economically developing regions such as Asia Pacific has many companies focusing their resources in this region and trying to explore the luciferase assay market potential. 

A bioluminescence experiment requires a paired set of biochemical: an enzyme named luciferase and a substrate, which is a molecule that emits light upon interacting with the enzyme or photoprotein. For each of the bioluminescent system required there is a unique co- factors and buffers that are required. Around us there are a lot of biological, natural and light producing systems which produces the enzyme named luciferases. The substrate of luciferases is coin as luciferins. Emil Heinrich DuBois-Reymond, a German physiologist coined both these terms. Luciferases and luciferins are both involved in totally different reactions. For instance, the most commonly used luciferase detects the biological energy molecule adenosine triphosphate.

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Luciferase Assays Market: Drivers and Restraints

The market for luciferase assay is expected to upsurge owing to its penetrating usage in research to study the gene expression. Moreover, these luciferases has become powerful tool in molecular biology and genetic engineering where they have replaced chloramphenicol acetyltrans-ferase gene as a reporter. Bioluminescence is now filling its own niches as well as competing with chemiluminescence. ATP detection via firefly luciferase, for example, has no chemiluminescent counterpart. There is tremendous technological development in the luciferase assay market where the current luciferase technologies permit the quantitative visualization of gene expression at single-cell resolution by imaging its luminescence in real-time using a highly sensitive charged-coupled device (CCD) camera.

Luciferase Assays Market: Overview

These luciferases are used in bioluminescence assays as researchers believe that where there is light there would be ATP and measuring the light emitted while carrying out the bioluminescence assay is the measure of the metabolic activity. Today luciferases is used in all forms of testing to check the ATP. It is used to check the microbial contamination in many of the beverages company. There are a number of studies going on where the researchers link the interest gene with the luciferases to study the metabolic activity. The investigator through this linkage is able to follow gene expression at different stages of development in a transgenic organism.

Luciferase Assays Market: Key Market Participants

Some of the luciferase assays market participants are Life Technologies, Sigma Aldrich, Thermo Fisher, Promega, Clontech, Invivogen, Roche Applied Sciences, Switchgear Genomics, Origene, Perkin Elmer, EMD Millipore, Clontech, Gold Biotechnology, Lonza and GE Healthcare Life Sciences. New product launch, collaborations and acquisitions are few of the strategies the luciferase assays market players undertake. For instance, Promega Corporation introduced a new product named Nano-Glo Dual-Luciferase Reporter (NanoDLR) Assay, a two-reporter system that incorporates NanoLuc luciferase technology, providing increased data quality and greater sensitivity for biologically complex applications.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern 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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Luciferase Assays Market: Segmentation 

On the basis of assay type the luciferase assays market can be segment as:

  • Beta-galactosidase (LacZ) assays
  • Luciferase assays
  • Fluorescent protein related assays
  • Chloramphenicol acetyltransferase (CAT) assays
  • Others

On the basis of application the luciferase assays market can be segment as:

  • Gene expression
  • Post-translational modification
  • Protein-protein interaction
  • Metabolic activity
  • Others

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

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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Neurosurgery Surgical Power Tools Market is anticipated to grow at a CAGR of 4.5% through 2032

According to a recently released intelligence study by Future Market Insights (FMI), the neurosurgery surgical power tools market currently sits in a slow-moving growth-low value quadrant. As per the market assessment for a period of 2018-2028, the valuation of neurosurgery surgical power tools market will be over a billion dollar in 2023 and is likely to expand at a relatively moderate growth rate over the next three years.

The global burden of neurological disorders as a leading cause of death and disability has doubled in the recent years given the increasing number of older people, with potential contribution from longer disease duration. Environmental factors apart from demographic factors could further aggravate the future burden of neurological disorders, globally. Given the operative complexities associated with neurosurgeries, apart from orthopedic, cardiovascular, spine, and ENT surgeries, power tools are the current key advanced product in the medical devices industry, showing promising results due to its applicability in a number of procedures ranging from wound management to cutting/incision, drilling, removal and sawing of both hard and soft tissues and bone.

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The top two companies in the global neurosurgery surgical power tools market hold over 56 percent share of the current market revenue and the remaining market share is controlled by tier-2 and tier-3 companies. The neurosurgery surgical power tools market showcases a highly consolidated landscapeleading to a high pricing premium of neurosurgery surgical power tools.

  • A majority players in neurosurgery surgical power tools market are focusing on launching technologically advanced products expanded product portfolio.
  • In addition, capacity expansion and emphasis on building strong distribution networkwill also be adopted as further growth strategies by the key players, according to FMI research.
  • The companies are also focusing on introducing new products to strengthen the product portfolio in the developing markets of Asia Pacific to expand their clientele and grab maximum market share in the emerging economies.

“As per FMI analysis, the manufacturers of neurosurgery surgical power tools are also expected to gain from increasing regulatory approvals. Over the last few years, leading players have received regulatory approvals across major geographic markets, which has enabled them to launch various products in the market”, Senior Analyst, FMI.

Geographically, North America Reigns Supreme in Global Neurosurgery Surgical Power Tools Landscape

  • North America and Europe represent a significant market share owing to higher install base, with an accumulative market share of approximately 64 percent.
  • Asia Pacific, on the other hand is anticipated to presentlucrative growth opportunities to neurosurgery surgical power tools manufacturers. The demand for neurosurgery surgical power tools in APAC is expected to grow at a moderate CAGR of 4.1 percent, through 2028.
  • Rapid sophistication of the healthcare and medical sector in gulf economies is identified to be the key factor driving growth of MEA market.

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FMI Identifies Key Trends Influencing Neurosurgery Surgical Power Tools Global Demand

  • Paradigm shift from invasive to minimally-invasive surgeries considering lesser side effects compared to conventional surgeries. Reduced post-operative pain and hospital stay and faster recovery are few of the factors supplementing to the growth of minimally-invasive surgeries, particularly neurosurgical procedures.
  • Another key trend identified is the automation of neurosurgery surgical power tools. The automated neurosurgical power tools are expected to increase the speed of cranial surgeries by almost 50 times compared to traditional techniques. Apart from reducing the procedure time from hours to minutes, such tools would also create lower risks of infection and damaging sensitive tissues.
  • Demand for smaller sized and light weight power tools will dominate all the branches of neurosurgery, considering its ability to produce high speed and penetrate into deeper regions of brain.

“With the anatomical complexities associated with brain comes numerous risks associated with neurosurgery—a major growth deterrent. In addition, lack of neurosurgeons also pose a threat to the neurosurgery surgical power tools demand. According to most recent survey by the U.S. government, currently there is one neurosurgeon per 61,000 U.S. population—a ratio still inadequate to meet the current healthcare demands in the region. In developing markets like India, there are approximately 1,800 neurosurgeons (including about 25 women) for 1.27 billion people”, Senior Analyst, Future Market Insights

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 9-years.

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Packaging Jars Market is projected to grow at a CAGR of 2.9% during the forecast period 2022-2032

The market for packing jars is anticipated to reach US$ 43974.3 million in value by 2032, up from US$ 33040.4 million in 2022, growing at a CAGR of 2.9%. The need for packing jars is anticipated to rise in the next years due to factors such as their weight, attractive packaging, simplicity of usage, and numerous other factors.

Over the years, packaging jars have been widely utilised for a variety of purposes, including the storage of food, detergents, chemicals, and other items. Along with serving as storage containers, packaging jars play a crucial role in preventing leaks of all kinds and shielding stored goods from the effects of the environment. The packaging jars can also be recycled and used again.

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Global Packaging Jars – Market Dynamics 

Over the past few years there has been a substantial transformation in the global consumer packaging market which have created opportunities for customization of formulation and its packaging design. Over the backdrop of retail sector growth of approximately 5% over the forecast period, the market for packaging jars saw an augmentation in the sales. 

Furthermore, the growing FMCG sector in developing economies across the globe are positively impacting the packaging jars market. The growing ready to eat market which have a significant share of packaging jars is also impacting the growth for the packaging jars market. 

In addition, packaging jars market is gaining momentum with the increasing urbanization rate across the globe. Moreover, despite of having positive condition for packaging jars market it is hampered from stringent government policy for the usage of plastic due to environmental and wastage issues. Packaging jars market also saw the restraints due to the problem of recyclability.  

Global Packaging Jars – Regional Overview 

North America is expected to be having the highest market share for packaging jars followed by Europe. These two regions being a mature market is expected to witness a steady growth for packaging jars market. Asia Pacific region being an emerging market is expected to have the highest growth for packaging jars over the forecast period 2017-2025. 

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The market for packaging jars in Latin America have a steady growth and is expected to continue over the forecast period. The market conditions in Middle East & Africa is also expected to have a steady growth across the forecast period. 

Global Packaging Jars – Key players 

Few of the key players in the packaging jars market are

  • Owens Illinois Group Inc.,
  • Amcor Ltd,
  • Berry Global, Inc.,
  • Graham Packaging Company Inc.,
  • Ball Corporation,
  • Silgan Holdings Inc.,
  • Ontario Plastic Container Producers Ltd.,
  • Container Corporation of Canada Ltd.,
  • Raepak Ltd,
  • Alpha Packaging, Inc.,
  • Olcott Plastics, Inc.,
  • Cospak Pty Ltd.,
  • Great Western Containers Inc., etc. 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications. 

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The report covers exhaust analysis on 

  • Market Segments 
  • Market Dynamics 
  • Market Size 
  • Supply & Demand 
  • Current Trends/Issues/Challenges 
  • Competition & Companies involved 
  • Technology 
  • Value Chain 

The regional analysis includes 

  • North America (U.S., Canada) 
  • Latin America (Mexico. Brazil) 
  • Western Europe (Germany, Italy, France, U.K, Spain) 
  • Eastern Europe (Poland, Russia) 
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand) 
  • Japan 
  • The Middle East and Africa (GCC Countries, S. Africa, Northern 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. 

Global Packaging Jars – Market Segmentation 

The global packaging jars market can be segmented by the material type, by product type, by capacity and by end user base. 

On the basis of material type, the global packaging jars market is segmented into: 

  • Plastic 
  • Polyethylene (PE) 
  • HDPE 
  • LDPE 
  • Polyethylene Terephthalate (PET) 
  • Polyvinyl Chloride (PVC) 
  • Polystyrene (PS) 
  • Polypropylene (PP) 
  • Ethyl Vinyl Alcohol (EVOH) 
  • Others 
  • Glass 

On the basis of product type, the global packaging jars market is segmented into: 

  • Straight Sided 
  • Snap Top 
  • Domed Based 
  • Taped Jars 
  • Others 

On the basis of capacity, the global packaging jars market is segmented into: 

  • Small size (Less than 10 oz) 
  • Medium size (10 oz to 30 oz) 
  • Large size (30 oz to 100 oz) 
  • Very large size (100 oz & Above) 

On the basis of end user base, the global packaging jars market is segmented into: 

  • Food & Beverages 
  • Cosmetics & Personal Care 
  • Home Care 
  • Pharmaceuticals 
  • Chemicals & Lubricants 
  • 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:

Future Market Insights Inc.
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Plastic Resins Market is anticipated to reach a valuation of US$ 1186 Billion by 2032

The global plastic resins market is expected to reach a market valuation of US$ 764 Billion by the year 2022, accelerating with a moderate CAGR of 4.5% by 2022-2032. Plastic Resins market size is anticipated to be valued at about US$ 1186 Billion by 2032 end.

Due to the rising demand for packaged food and beverages, the plastic resins industry is anticipated to experience significant expansion. Perishables are given a longer shelf life by plastic packaging, which also shields them from outside elements that can compromise the product’s quality.

The need for packaged foodstuff is being driven by hectic work and personal schedules, which is pushing up demand for plastic resins. Moreover, the plastic resins market will benefit from the rising demand for consumer goods.

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The primary aspect influencing the plastic resins market expansion is rising item interest from the automotive, electrical, and electronics industries. It is expected that the rapidly expanding global auto industry will spur interest in certain products, such as those used in applications like engine parts, automobile exteriors, and interiors and increase the adoption of plastic resins.

The demand for small, lightweight multi-utility vehicle models that prioritize comfort and style has prompted an increase in the use of resins in the automotive industry. This has also changed the plastic resins market outlook.

The significant demand from the food and beverage industry is likely to cause the demand for plastic resins to rise rapidly throughout the forecast period. The demand for processed, ready-to-eat, and ready-to-cook food products has significantly increased as a result of the growing population and an increase in disposable income.

The growing awareness of waste and its associated costs is another factor influencing the demand for packaged foods and increasing the sales of plastic resins.

In the past few decades, packing techniques and materials have seen substantial improvement. One of the most significant technological developments in the plastic resins industry is the creation of bioplastic. Businesses have begun using bioplastic and other plant-based packaging techniques. For instance, to promote the use of PHA, a biodegradable polymer, in single-use packaging applications, Milliken and Company joined the global organisation of PHA (GO! PHA).

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Key Takeaways from Market Study

  • Plastic resins are growing in popularity in Europe due to lax packaging waste restrictions and attractive taxation.
  • The product category of crystalline resins represented the highest revenue share of more than 62 percent in 2021, and it is anticipated that it will continue to dominate the plastic resins market for the duration of the projection period.
  • The packaging category had the biggest revenue share of over 36% in 2021 and is anticipated to grow at a consistent CAGR throughout the forecast period.
  • China is the dominant country in the Asia Pacific region and accounted for around 35 percent of the worldwide plastic resins market.
  • With about 45% of the revenue share in the plastic resins market worldwide in 2020, Asia Pacific is the market leader.

Competitive Landscape

The existence of a significant number of regional and international companies has led to the highly fragmented nature of the global plastic resins market. Due to a higher level of product type susceptibility, industry participants compete fiercely with one another.

Government regulations that are strict on the use of plastic items also control the level of competition and plastic resins market expansion. To slow the rate of contamination, however, market companies are concentrating on biodegradable plastics.

Recent Developments in Global Polycarbonate Market

As part of its acquisition of Solvay’s PA66 business, BASF began marketing polyamide (PA) and polyphthalamides (PPA) grades in Europe on February 1, 2022. Under humid circumstances and high temperatures, Ultramid® One J (PA66/6T) has good mechanical and dielectric qualities.

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Plastic Resins Market by Segmentation

By Product:

  • Crystalline
  • Non-crystalline
  • Engineering Plastic
  • Super Engineering Plastic

By Application:

  • Packaging
  • Automotive
  • Construction
  • Electrical & Electronics
  • Logistics
  • Consumer Goods
  • Textiles & Clothing
  • Furniture & Bedding
  • Agriculture
  • Medical Devices
  • Others

By Region:

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

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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

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:

Future Market Insights Inc.
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T: +1-845-579-5705
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Essential Oil Containers Market to grow at around 7.5% to 9.3% CAGR throughout the forecast period

The essential oil container market is expected to register a healthy CAGR range of 7.5% to 9.5% during the assessment period of 2022-2032. Pharmaceuticals, personal care, cosmetics, food and beverages, and chemicals markets have increasingly contributed to the rising demand for essential oils. This is, in turn, a major factor responsible for expanding the essential oil container market.

Extracted from aromatic plants and coupled with certain chemicals, essential oils are gaining incredible traction in aromatherapy. Essential oils are known for their strong flavor, fragrance, and medicinal properties. However, due to their volatile and highly vulnerable to deterioration properties, essential oils need to be handled and stored with care.

This is where containers play a crucial role. Essential oil containers protect the oil from the external environment. By reducing exposure to moisture and sunlight, essential oil containers help extend the shelf life of the product and maintain its quality. Generally, bottles and jars are the primary container types for essential oils.

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Multiple industries contribute to the rising demand for essential oil containers. Availability of safe and recyclable containers as well as containers of varying capacity aid in the global market growth for essential oil containers.

“Adoption of alternative medicine is increasing sales of essential oils which will boost the market for essential oil containers over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • End-use industries are expected to bolster the essential oil container market.
  • Oxidation and polymerization processes triggered by external factors lead to loss of quality and pharmacological properties of essential oils. This primarily drives sales of essential oil containers.
  • Bottles will remain the most widely accepted essential oil containers.
  • Asia Pacific essential oil container market will present a significantly high CAGR.
  • China and India are lucrative markets for the essential oil container market in the region.
  • The U.S and Canada spend huge amounts on pharmaceuticals, personal care, and cosmetic products. This will gain momentum for the essential oil container market.

Competitive Landscape

Guangzhou Jiaxing Glass Products Co., Ltd., G. Glass Factory, Carow Packaging, Inc., SKS Bottle & Packaging, Inc. The Grasse Fragrance Co., Baralan International S.p.A., Radcom Packaging Pvt Ltd, and Hangzhou 3 Star Craftwork Glass Co., Ltd. among others are some of the leaders in the essential oil containers market that are profiled in the full version of the report.

In a highly competitive market, the leading players in the essential oil container market are invested in introducing new and innovative essential oil containers into the global market so as to expand their product portfolio. Partnerships, strategic product pricing, and establishing bases in promising markets are strategies that these market leaders engage in.

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More Insights into the Essential Oil Containers Market Report

In its latest report, FMI offers an unbiased analysis of the global essential oil container market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market prospect, growth, and range, the market is segmented based on material type(glass, plastic), product type(bottle, jars), closing style(caps, droppers, horizontal dropper, vertical dropper, pump dispenser, others), capacity(up to 20 ml, 20 ml to 50 ml, 50 ml to 100 ml, 100 ml to 200 ml, above 200 ml), end use(cosmetics & personal care, pharmaceuticals, food & beverage, household, chemicals, others) and region.

Future Market Insight study reveals that the Asia Pacific and North America carry significant market potential for essential oil containers. A keen proclivity towards Ayurveda and aromatherapy positions countries like India and China as potential markets for essential oil containers. These regions are also the major producers of essential oils across the world. Thus India and China are perfect markets for essential oil containers.

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Key Segments Profiled in the Essential Oil Containers Industry Survey

By Material Type:

  • Glass
  • Plastic

By Product Type:

  • Bottle
  • Jars

By Closing Style:

  • Caps
  • Droppers
  • Horizontal Dropper
  • Vertical Dropper
  • Pump Dispenser
  • Others

By Capacity:

  • Upto 20 ml
  • 20 ml to 50 ml
  • 50 ml to 100 ml
  • 100 ml to 200 ml
  • Above 200 ml

By End Use

  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Food & Beverage
  • Household
  • Chemicals
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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:

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