FMCG Packaging Market Sales Growing at a CAGR of 5.7% Through 2032

The global FMCG packaging market is expected to reach US$ 418.8 billion in 2022, with sales growing at a 5.7 percent compound annual growth rate (CAGR) until 2032. According to the analysis, rigid packaging is the most prevalent type of FMCG packaging, accounting for roughly 63.2 percent of the global FMCG market by 2032. The market is estimated to reach US$ 726.6 billion by 2032, with a healthy demand forecast.

Packaging protects items during transportation, extends their usable lives, and even communicates important information about the product’s composition and purpose. Packaging that is well-designed makes transportation and stocking easier while reducing waste throughout the supply chain.

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Due to the expansion of sectors such as electronic, pharmaceutical, food & beverage, and personal care in emerging nations, sales in the FMCG packaging market are likely to remain robust over the forecast period. The emergence of smart packaging solutions with barcodes and QR codes for providing product information to consumers is one of the primary drivers driving the industry. Inventory processes in the warehouse, such as life cycle management, stocking, and tracking, are also benefiting from smart tags and smart packaging.

Botch, for example, included smart technology into the carton printing process to track and trace product movement across the supply chain. Ultra-contact labels, which are temperature monitor labels that stress the ideal temperature, have also been added by PakSense.

“Eco-friendly paper-based packaging is likely to gain popularity over the forecast period, increasing market growth.” Growing environmental concerns and packaging requirements would give opportunities for players to improve product quality, boosting sales during the projected period, according to the FMI analyst.

Important Points to Remember:

  • Based on end-use, sales in the food and beverage sector are predicted to expand at a 6.1 percent CAGR until 2032.
    • In terms of material, plastic will continue to be in high demand.
    • According to material type, the rigid packaging market is predicted to grow at a CAGR of 5.5 percent throughout the assessment period.
    • The United States will continue to lead the North American FMCG packaging industry until 2032, with sales growing at a 5% CAGR.
    • Through 2032, the Indian FMCG packaging sector is predicted to grow at a healthy 7.3 percent compound annual growth rate (CAGR).

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Leading players in the global FMCG packaging market are investing in research and development to develop sustainable packaging solutions for a variety of sectors. In addition, companies are merging, acquiring, and forming alliances to expand their global market reach.

  • Acosta, a prominent consumer packaged products sales and marketing firm, was hired to exclusively represent Ball Corporation’s aluminium cups at retail and on-premises outlets across the United States in May 2020, including grocery, drug, and C-stores, as well as food service.

Global FMCG Packaging Market By Category

By Product Type :

  • Flexible Packaging
    • Pouches & Sachets
    • Stick Packs
    • Bags & Sacks
    • Foils & Films
  • Rigid Packaging
    • Boxes & Cartons
    • Trays
    • Tubes
    • Containers & Jars
    • Bottles
    • Cans
    • Blisters

By Material Type :

  • Plastic
  • Paper and Paperboard
  • Metal
  • Glass
  • Others (Wood, Foam, etc.)

By End Use :

  • Food & Beverage
  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Homecare Products
  • Electronics
  • Others (Office Supplies, Textile, etc.)

By Region :

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

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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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Baking Molds And Trays Market Comprehensive Research Study and Strong Growth in Future 2031

Future Market Insights (FMI) has projected the baking molds & trays market to record 6.3% CAGR between 2021 and 2031. Due to increase in demand for sustainable packaging solutions globally, the wooden-based baking molds & trays are expected to outgrow the sales of plastic (CPET-based) baking molds & trays packaging solutions.

A majority of food packaging companies in the region are already exhibiting high demand for biodegradable packaging solutions for their food products in order to meet their sustainability targets. However, in the U.K., most of the prominent companies have shifted their focus from CPET material to wooden paperboard material due to significant increase in its demand in the last few years.

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Companies such as Panibois was launched in such thinking to introduce complete wooden based baking molds & trays solutions in the market. With its extensive line of products, Panibois is one of the forth leading manufacturers in wooden based baking molds & trays solutions, and simultaneously meeting the sustainability criteria for Sustainable Development Goals 2030.

FMI forecasts that the sales of baking molds & trays will increase considerably in the coming years. Factors such as consumer inclination towards green solutions, easy disposable baking trays and molds, user experience and convenience factor coupled with advance recycling processes will exponentially increase the baking molds & trays sales globally.

Key Takeaways from Baking Molds & Trays Market

  • By cavity type, multiple cavity segment is ahead and leading the global baking molds & trays market. With its cost effectiveness, target segment is estimated to hold lion’s share of 80% during the forecast period.
  • On basis of material, silicone is mostly preferred in the market due to its durability, safety and hygienic properties. The same segment is anticipated to increase 2.02 times of current value, during next 10 years.
  • As per FMI experts, although industrial segment is expected to hold major chunk of the global market, commercial end use segment is expected to witness a gain of 150 bps of current value share by 2031, due to increasing health conscious youth preferring baked food over others.
  • East Asia and South Asia combined are anticipated to generate large financials for baking molds & trays market due to lower tax slabs and cheap labor and easy foreign investment laws. Collectively these two regions are estimated to create cumulative incremental opportunity of US$ 370 Mn by the end of 2031. On the other hand, mature markets of North America and Europe are expected to hold prominent market share of almost 37% by the year 2031.

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 “The global consumption of bakery & confectionary products is rising exponentially, especially usage of ready to eat food products has opened attractive opportunities for baking molds & trays manufacturers to maximize their sales. Growing emphasis on safe and sustainable packaging is anticipated to redefine the baking molds & trays market growth,” says FMI analyst.

High Perforation of Baking Molds & Trays in Food & Food Services Industry to Augment the Sales

Demand for global baking molds & trays market is on a rise because of the steady increase in the disposable incomes of middle-class families. They are manufactured of high quality such as silicone, plastic, metal and possess properties such as durability, uniformity, and are sustainable. These lightweight and recyclable molds & trays are predominantly used in food and food service sector baking and confectionary purposes. These are available in a variety of shapes in the market such as circular, oval, rectangular, etc.

Urbanization has increased the standard of living of middle class households, with increase in working class parents, families are more dependent on purchasing bakery and confectionary items from commercial outlets. This has been a major cause for exponential rise in the baking molds and trays market over the span of last few years.

Impact of COVID-19 on Baking Molds & Trays Market

Global crisis of COVID-19 pandemic had a low to moderate impact on the sales of baking molds & trays in the global market. Initially lack of availability of raw materials stopped the manufacturing process in factories across globe. Lockdown in prominent regions induced considerable impact on the manufacturing of baking molds & trays. Moreover, disruption of supply chains caused due to strict guidelines & overall lockdown lead to a complete shutdown of manufacturing plants for months. In general, the sales for baking molds & trays nearly halted during the lockdown causing a downgrade for the sales of target market. But during the last few months of the year 2020, supply chains were restored and trade routes re-opened due to which target market gained traction.

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Baking Molds & Trays Market Landscape

Nordic Ware, Guardini S.p.A., SILIKOMART S.r.l. are the top players operating in the baking molds & trays market. Furthermore, Hans Brunner GmbH, Pavoni Italia S.p.A., Dongguan AASIN Technology Co. Ltd., Bold Maker are also the noticeable players in the baking molds & trays market. The Tier 3 players in the market hold 80-87% in the global baking molds & trays market. In conclusion, key players contribute almost 13-20% of the global market.

Baking Molds & Trays Market by Category

By Cavity Type:

  • Single
  • Multiple

By Material:

  • Plastic
  • Silicone
  • Metal
  • Wooden
  • Others

By End Use:

  • Commercial
  • Household
  • Industrial

By Region:

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

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Commercial Refrigeration Equipment Market – Global Revenue Growth Expectations in the Near Future

By the end of 2022, the market for commercial refrigeration equipment is anticipated to be worth US$ 51.8 Bn, with sales increasing 3.9% year over year. By 2028, it is predicted that the global market for commercial refrigeration equipment will be worth US$68.3 billion, growing at a CAGR of 4%. (2022-2028).

Commercial Refrigeration Equipment Market Size (2022) US$ 51.8 Bn
Projected Market Value (2028) US$ 68.3 Bn
Global Market Growth Rate (2022-2028) 4% CAGR
Dominant Regional Market North America (28.5%)

As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration equipment will progress at a moderate CAGR over 2022 – 2029.  Sustainable and electricity-efficient refrigeration structures are set to emerge as a norm throughout the end-use industries, which ought to compel manufacturers to boom their investments in R&D and product innovations. Leveraging power-green technologies to offer low global warming capacity (GWP) merchandise with wealthy functionalities will be the price tag to capturing vast marketplace proportion ultimately.

The demand for NH3/CO2 cascade systems is also slated to go up gradually due to the advantages they offer for food processing and low-temperature distribution facilities. These benefits include low operating costs (as they use less energy per ton of refrigeration compared to other systems), lower capital and compliance costs, optimal food quality, and increased throughput.

Witnessing an uptick of 3.4% over 2021, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 51 Bn by 2022 end. The demand would be prominently driven by greater production of F&B goods and a preferential shift of consumers towards quick service restaurants (QSRs), at a global level.

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COMMERCIAL REFRIGERATION EQUIPMENT MARKET KEY TAKEAWAYS

  • Growing demand for ready-to-eat products and expanding retail outlets are driving the sales of commercial refrigeration equipment.
  • North America and Europe would collectively account for over half of the market value share by 2029 end.
  • The food services sector will remain prominent application area to invest in, for commercial refrigeration equipment market players.
  • The enforcement of new refrigerant regulations such as the EPA 680 Upgrade, and the Kigali Amendment for the phase-down of HFC refrigerants will largely impact the market growth.
  • The higher average unit cost of freezers & refrigerators allude lower volume sales vis-à-vis value gains, with just about 2.6 million unit sales in 2021.
  • Glass door merchandizers that account for around a third of total volume sales continue to see relatively low revenue generation as compared to freezers & refrigerators.
  • Sales of beverage dispensers and display cases across end-use industries will show a moderate increase year-over-year in 2022, which will collectively represent nearly 16% of total commercial refrigeration equipment sales in that year.

Manufacturers who are keeping the innovation quotient high and providing turn-key solutions to meet regulatory requirements, with safety to end users at the core, will be rewarded in the long run.

Chinese Players Striving to Win Home Market​

In developed markets, rapid acceptance of alternative refrigerants to benefit from regulatory standards along with expansion of F&B processing industries continue to contribute to the development of the commercial refrigeration equipment market.

The growth of Asia Pacific’s commercial refrigeration equipment market was influenced by a shift of Asian eating habits towards western-style convenience food. With the ability to manufacture their own compressors, Chinese companies are gaining competitive edge to reign supreme in their home market with indigenous brands.

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Competition Trends

In 2021, the top four stakeholders including Carrier Corporation, Daikin Industries, Ltd., Danfoss A/S, and Hussman Corporation collectively accounted for 20-25% revenue share. The emergence of a large number of small players in developing countries has resulted into price competition, with leading market players losing their profit margins. Market fragmentation will continue through 2029, driven by regional regulatory norms and enhanced capabilities of the local players.

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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.

Contact:                                        

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U.S. Billing Paper Market is estimated to account for ~ 85% value share of the North America

According to Future Market Insights (FMI), the global sales of billing paper market is expected to surpass US$ 1489.8 Mn by 2031. Billing-cum-invoice paper allows for multiple copies to be made of a document.

Increasing application of billing papers as invoice and transaction receipts in the businesses and e-commerce sector is driving the demand. On the back of this, the market is poised to expand at 6% CAGR between 2021 and 2031.

As companies in the industrial sector are increasingly becoming conscious towards the hazardous effect of carbon paper on environment, demand for sustainable and carbon-less billing paper have burgeoned. Also, expansion of e-commerce and retail sectors across India, China, and the U.S. is expected to increase the sales of billing paper.

Sales of billing paper witnessed moderate growth during the FQ-20 owing to the unprecedented outbreak of COVID-19. While disruption of supply-chains due to global lockdown hampered the sales, adoption of eco-friendly billing papers increased in the healthcare sector due to the transportation and supply of COVID-19 vaccines.

As per FMI, sales of billing paper grew by 4.4% year-on-year in 2021, and is projected to surpass US$ 831.2 Mn.

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Key Takeaways from Billing Paper Market

  • 2 Parts NCR Paper is the most preferred paper type, with a 36.5% market share by 2031..
  • In terms of basis weight, 40-100 GSM is expected to be highly sought-after, accounting for highest market share of 58.8% during the forecast period.
  • In terms of application, institutional segment will dominate the segment, holding 35.1% market share by 2031.
  • Asia Pacific is estimated to grow the highest 8% CAGR during the forecast period.
  • Sales of billing paper in Thailand are expected to surge at an exceptional 10% CAGR between 2021 and 2031
  • China is expected to spearhead the growth of East Asia market, contributing over 66.2% sales by 2031.

“End users institution, education, commercial and household sectors are switching to a customized range of invoice and receipts of billing papers due to their multifaceted attributes, which covers safety, accuracy, and durability. Also, manufacturers are increasing the production of eco-friendly and user-friendly customized billing papers to capitalize on the existing trend,” says FMI analyst.

Availability across Shopping Malls and Supermarkets Will Augment the Sales

Billing papers are ideal for invoices, purchase orders, receipts, and other essential documents because they transfer the data from the top sheet to multiple sheets beneath. They are extensively used in supermarkets and retail stores for invoice and receipts printing to mark the product details.

Billing papers as a billing-cum-delivery challan book are placed at every cash and delivery counter to provide the consumer with exact product details and payment proof. It is considered the most economical printing technology due to low maintenance costs and less energy consumption.

Less administrative time is required to fill up the details, and accuracy increases the customer’s satisfaction and loyalty. When signed on the billing paper invoice book, it is considered a valid and authentic proof document.

Availability of different color coded billing papers creates organizational efficiency, easy filing, and distribution. Hence, rising consumer preference for shopping in supermarkets and shopping malls due to convenience and the fast, easy, and accurate billing will bolster the demand for the billing papers.

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Electronic Invoicing and Digital Payment as Alternatives to Paper Might Limit the Sales

Growing penetration of digital technology and internet banking have allowed smartphones to receive bills, receipts, and statements. Digital invoices, reports, and receipts alleviate the printing and handling costs for businesses.

Consumers store digital bills and receipts on mobile phones, computers, or laptops to quickly access the documents when required. Due to the growing need for safe and secure digital technology, companies share important documents, invoices, and credit card bills through emails and other digital technology.

Paper invoicing, printing, and dispatching wastes valuable staff time, energy, and costs. Time spent resolving invoicing data entry and processing due to human errors on paper billing is very high. Hence, rising trend of digital and online trading through internet banking, mobile banking, ATM centers, and card payments are limiting the sales of billing papers.

Additionally, fewer people are required to process electronic invoicing. The invoicing accuracy and better efficiency due to digital technology will reduce the demand for billing paper.

Billing Paper Market Landscape

Koehler Paper Group, Pixelle Specialty Solutions, Mitsubishi HiTec Paper Europe GmbH, Asia Pulp & Paper (APP) Sinar Mas., and Jinyi Paper Co., Ltd. among others are the prominent players in the global billing paper market. The Tier 1 players in the market hold 25-30% in the global billing paper 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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Prescription Delivery Services Market – This is How Leading Companies Are Dominating the Global Market

The global market for prescription delivery services is anticipated to develop significantly between 2022 and 2030, with a 17.8% CAGR, reaching an estimated market value of about US$ 117.2 Mn in 2022. Pharmacy retailers are expected to command a sizeable market share of more than 65% in 2021, according to Future Market Insights.

Data Points Market Insights
Market Value 2021 US$ 98.7 Mn
Market Value 2022 US$ 117.2 Mn
Market Value 2030 US$ 434.3 Mn
CAGR 2022-2030 17.8%
Market Share of Top 5 Countries 55.3%
Key Market Players Wal-Mart Stores, Inc, Walgreen Co., Wal-Mart Stores, Inc., CVS Health, Express Scripts Holding Company, Giant Eagle, Inc., DocMorris (Zur Rose Group AG), Rowlands Pharmacy, OptumRx, Inc., Ali Health, Kroger Co. and Amazon (PillPack)

An efficient healthcare infrastructure is built on timely drug supply. The manufacturing of prescription pharmaceuticals has increased due to the rising incidence of chronic and infectious diseases, which has forced manufacturers to create efficient distribution systems.

The landscape of prescription delivery services has been significantly changed by improvements in customer touch points and supply chains, including e-commerce, convenience stores, and retail outlets. Innovations like drone-based deliveries and medicines with trackers are paving the way for a seamless client experience.

Advanced prescription delivery systems have also made it possible to offer 24/7 customer support, manage dosage and medication adherence, and give feedback to practitioners.

Prescription Delivery Services Market- Key Takeaways

  • Diabetic prescription drugs to hold major sway, poised to capture 36.7% market share by 2030
  • Ease of access to drugs addressing chronic conditions is slated to drive retail pharmacy growth to greater heights
  • North America to expand stupendously at a CAGR of 18.4% from 2020-2030, attributed to the presence of multiple convenience and pharmacy stores
  • Global prescription delivery services market to reach US$ 434.3 Mn by 2030-end

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COVID-19 Impact Insights

The COVID-19 pandemic has generated fertile ground for the prescription delivery services market. The imposition of nationwide lockdowns to enforce social distancing have reduced footfalls across conventional pharmacies. This has compelled patients to rely on online retail platforms to avail their medicines.

Furthermore, heightened vulnerability of geriatrics suffering from co-morbidities to the coronavirus has necessitated stockpiling of essential medicines, thus keeping the need for prescription delivery services afloat throughout the pandemic’s duration. This panic buying behavior shall usher in an 80% y-o-y growth.

Growth is especially anticipated to be robust across the U.S, China and India, countries with the highest rates of infections. Collectively accounting for 40% of the global infection rate, these countries have witnessed an unprecedented increase in hoarding prescription medicines by individual households. This shall continue until the latter-half of 2021.

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Market Witnessing Entry of e-Commerce Players

The Prescription Delivery Service Market is witnessing entry of e-Commerce, pharmacy and retail chains, albeit at a local or regional level. Technological developments, new product launches and collaborations characterize some critical expansion strategies of market players.

Some of the key players in the Prescription Delivery Service Market are: Walgreens Co., Walmart Stores Inc., CVS Health, Giant Eagle Inc., Express Scripts Holding Company, Ali Health and Kroger Co. to name a few.

Besides these established players, several startup companies are also emerging as potential game changers in the industry. These include NetMeds, Kfyao, Capsule, Myra Medicines, NURX, MedAvail, Zipdrug, Insightfil and ScriptDrop to name a few.

Walgreens, a prominent retail pharmaceutical distributor, has a robust presence in the global prescription delivery services market. The company offers refills, auto refills, drug information and home delivery services.

In 2017, the company acquired Rite Aid for a sum of US$ 5.2 billion, resulting in the merger of two of the United States’ three largest pharmacy chains.

More Insights on the Prescription Delivery Services Market

A recent market study published by Future Market Insights on the Prescription Delivery Services Market includes global industry analysis for 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. The report has been segmented on the basis of disease indication (therapeutic drugs (diabetes, hypertension & cholesterol disorders), wellness supplements, OTC drugs and diagnostic drugs) and distribution channel (pharmacy stores, healthcare institutions, clinics and research institutions) across seven geographies (North America, Latin America, Europe, South Asia, East Asia, Oceania and MEA).

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Prescription Delivery Services Market Segmentation

Disease Indication

  • Therapeutic Drugs
  • Diabetes
  • Hypertension
  • Cholesterol Disorders
  • Wellness Supplements
  • OTC Drugs
  • Diagnostic Kits

Distribution Channel

  • Pharmacy Stores
  • Retail Pharmacy
  • Drug Stores
  • Healthcare Institutions
  • Clinics
  • Research Institutes

Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico & Rest of Latin America)
  • Europe (Germany, France, Italy, U.K, Spain, BENELUX, Russia & Rest of Europe)
  • South Asia (India, Malaysia, Thailand, Indonesia & Rest of South Asia)
  • East Asia (China, Japan & South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East & Africa (GCC, Northern Africa, South Africa & Rest of 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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Airless Pumps Market Set to Witness an Uptick Size USD US$ 399.7 Million to 2031: Future Market Insights, Inc

Globally the sales of airless pump are estimated to grow 1.8 times over the upcoming decade, as heavy demand for contamination-free packaging solutions surges across the globe. As per Future Market Insights (FMI), the global airless pump market is anticipated to exhibit growth at 5.5% CAGR between 2021 and 2031.

Present day consumers are more aware about their personal care and cosmetic products. Their knowledge is no longer limited to ingredients list of personal care or cosmetic products, but covers benefits that some packaging can offer over others.

Consumers are even willing to pay more for packaging that reduces contamination of formula and ensures minimum wastage. Airless pumps are used for packaging body lotions, make ups, perfumes & deodorants, and several others products. Consumers, especially millennials prefer airless pumps for as they maintain the product integrity for a longer duration.

Airless packaging solutions, including airless pumps, are registering strong sales as they are available in a wide range of decorative bottles and containers with a sophisticated luxury feel. Demand for such highly customizable yet technology-oriented airless pumps is at all-time high, which is estimated to reinforce the market growth to a significant extent.

In addition to this, the global e-commerce industry is expanding with its improvised business models and inventory and shipment operations.  The increasing shopping of an extensive range of personal care, beauty and cosmetic product via online platforms is fuelling sales of airless pump to a great extent.

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Key Takeaways from Airless Pump Market

  • Handheld airless pump are gaining traction in the market. They are expected to accounts for almost 70% market share in 2021.
  • As per FMI, the demand for airless pumps made up of plastic is estimated to grow at 5.1% CAGR between 2021 and 2031.
  • Application in body lotion packaging is anticipated to offer a total incremental opportunity of US$ 57.1 Mn over the upcoming decade.
  • Demand in Asia-Pacific is expected to grow at a 6.8% CAGR over the forecasted period.
  • The U.S. in North America and Germany in Europe will spearhead the sales of airless pumps.

“Impressive growth in demand of cosmetics & beauty care products is driving the sales of airless pump. The market also will gain from the expansion of global personal care brands,” says FMI analyst.

Manufacturers Eyeing Luxury and Premium Packaging for Beauty Personal Care Industry

Manufacturers operating in the global cosmetic and personal packaging market are offering highly customized and luxury packaging solutions. Premium packaging adds aesthetics along with sophistication of functionality.

Airless pumps are available in a variety of glossy bottles and jars. As compared to flexible cosmetic packaging solutions, airless pumps can be converted into versatile end-products with customizable add-on features. Due to the intensifying competition in the cosmetic and personal packaging market, airless pump manufacturers are likely to focus on offering innovative packaging solutions.

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Airless Pump Market by Category

By Pump Type:

  • Multi Chamber Airless Pumps
  • Handheld Airless Pumps

By Material:

  • Plastic
    • Polyethylene (PE)
    • Polyethylene Terephthalate (PET)
    • Polyvinyl Chloride (PVC)
    • Polypropylene (PP)
    • Others
  • Metal

By Application:

  • Body Lotions
  • Hand Care Lotions
  • Make Up
  • Perfumes & Deodorants
  • Liquid Soap
  • Shampoos & Conditioners
  • Other Applications

By Region:

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

Related Links –

https://app.gumroad.com/3316680050022/p/temperature-controlled-pharmaceutical-containers-market-in-depth-analysis-growth-strategies-and-opportunity-assessment-to-2032

https://hindibookmark.com/submit

https://inobee.com/read-blog/100683

https://www.hometalk.com/posts/post-44518397

https://medium.com/@nk99fmi/pocket-containers-market-2017-increasing-demand-for-efficient-management-practices-report-ecbe36579b3f

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Dosage Cups Market has been forecast to exhibit growth at 5.0% CAGR over the course of the assessment period 2031

Global dosage cups market registered steady growth with worldwide revenues up by 4.6% year-over-year in 2021. As per Future Market Insights (FMI), the sales of dosage cups between 2021 and 2031 will total US$ 3.3 Bn. The market has been forecast to exhibit growth at 5.0% CAGR over the course of the assessment period.

As per FMI, the global consumption of dosage cups is forecast to increase by year-on-year (YoY) growth of 4.4% in 2021, totaling 45.2 billion units.  Demand in the U.S. market is estimated to increase by 3.7% year on year, surpassing sales of US$ 429.5 Mn in 2021.

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2016-2020 Dosage Cups Market Outlook Compared to 2021-2031 Forecast

Rising demand for accurate measuring devices among the end users is driving the dosage cups market. The global market is projected to register growth at 5.0% CAGR between 2021 and 2031 in comparison to the 3.8% CAGR registered during 2015 to 2020.

Dosage Cups Market by Category

By Capacity:

  • Upto 15ml
  • 16ml to 35ml
  • Above 35ml

By Product Type:

  • Reusable
  • Disposable

By Printing:

  • Printed
  • Non-printed
  • Embossed

By End-Users:

  • Hospitals
  • Clinical Labs
  • Medical Institutions
  • Households
  • Pharmaceuticals
  • Others

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What Is the Impact of COVID-19 on the Global Market for Dosage Cups?

The global market for dosage cups witnessed high demand during the COVID-19 with the expansion of healthcare and pharmaceutical industry. As the demand for medicines increased following the outbreak, adoption of dosage cups surged within pharmaceutical industry, hospitals, and clinical labs.

Key manufacturers operating in dosage cups market are focusing on increasing their production capacity to meet the rising demand for measurement devices among the end users.

Expanding healthcare services to cure the patient suffering from COVID-19 are augmenting the sales of dosage cups across the globe. The focus on providing the accurate dose of medication will fuel the adoption of dosage cups.

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Electrophysiology Market Innovations, Technology Growth and Research 2022-2030

The escalating burden of cardiac arrhythmias such as atrial fibrillation, atrial flutter, ventricular tachycardia, Wolff-Parkinson-White (WPW) syndrome and AV-nodal reentrant tachycardia (AVNRT) has been fuelling the demand of the electrophysiology devices and procedures. Future Market Insights in a new study has projected the reach a valuation of US$ 6.02 Bn by the end of 2021.

The increasing demand for minimally invasive, safer, and efficient electrophysiology therapies has transcended electrophysiology market growth. The latest electrophysiology catheters, devices and access devices offer advanced cardiac electromapping, ablations and diagnostic procedures. The next-generation electrophysiology devices offer minimal invasive interventions that offer short hospital stay period.

The increasing adoption of the ablation catheterization for the management of the cardiac arrhythmias is escalated by the introduction of advanced, safer and efficient electrophysiology solutions by the key players. The minimally invasive nature of the incoming electrophysiology solutions is safer for patients with medical comorbidities.

The cardiac arrhythmia treatment regime is frequently combining these latest electrophysiology devices with several antiarrhythmic drugs such as procainamide, amiodarone, flecainide and others. The shift towards the increased adoption of the disposable catheters due to their affordability, sterility and safety has also rocketed the sales of the electrophysiology market. Manufacturers have eyed on the acquisitions, collaborations, product approvals and launching into the various geographies to penetrate deep into the potential electrophysiology markets.

The COVID19 pandemic in the first few months of 2020 has imparted a negative impact on the electrophysiology market. The massive global lockdown, along with the shutting down of the economies such as China has halted the demand and supply activities. Seeing the massive influx of the COVID19 patients and the risk of hospital-acquired infections, several cardiology and electrophysiology committees jotted updated strategies and protocols of conduct to cut down on the number of electrophysiology procedures, and to only perform the interventional procedures for the high priority cases.

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Key Takeaways from Electrophysiology Market Study

  • The global electrophysiology market is estimated to be US$ 7.84 Bn in 2020, exhibiting a CAGR of ~12.7 % during the forecast period (2020-2030)
  • The U.S. will remain a highly lucrative market, accounting for over 95% of North America market in 2021, based on volume
  • Demand from U.K. is poised to surge considerably. FMI forecasts it to exhibit 8.5% Y-o-Y growth in 2021
  • Germany and France will emerge as other key markets for electrophysiology in the U.K.
  • Demand from both Japan and South Korea is expected to increase at a considerable pace in the coming years

Who is Winning?

The leading manufactures have eyed in the improvisation of the ablation procedures with the introduction of the latest contact-force sensing technology that offers high precision ablation, irrigated tip ablation catheters with controlled and target specific ablation and balloon catheters with more predictable and reproducible ablation.

Stereotaxis and Acutus Medical have introduced telerobotics in the cardiac ablation catheter surgeries that offer high precision ablation, real-time cardiac imaging and high-resolution cardiac mapping. Digital cloud technology has also been integrated into the electrophysiology devices that allows the interventionalist to remotely access the cardiac data.

For instance, J&J’s Biosense Webster launched a new cloud-based network, CARTONET platform that connects the field’s myriad devices to share the 3D image files into laptops, tablets, etc.

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The global electrophysiology market is set to expand its scope in the forecast period, as a result of the rising prevalence of cardiac arrhythmias. In addition to this, the escalating demand for minimally invasive cardiac therapies, increasing adoption of the electrophysiology interventions, along with the incoming advanced technologies are propelling the growth of the market.

Electrophysiology Market: Segmentation

Product Type

  • Electrophysiology Laboratory Devices
    • 3D Mapping Systems
    • Electrophysiology Recording Systems
    • Radiofrequency (RF) Ablation Systems
    • Intracardiac Echocardiography (Ice) Ultrasound Imaging Systems
    • Cardiac Stimulators
    • Others
  • Electrophysiology Ablation Catheters
    • Cryoablation Electrophysiology Catheters
    • Radiofrequency (RF) Ablation Catheters
    • Irrigated Tip RF Ablation Catheters
    • Laser Ablation Catheters
  • Electrophysiology Diagnostic Catheters
    • Conventional Electrophysiology Diagnostic Catheters
    • Advanced Electrophysiology Diagnostic Catheters
    • Ultrasound Electrophysiology Diagnostic Catheters
  • Access Devices

Indication

  • Atrial Fibrillation
  • Atrial Flutter
  • Wolff-Parkinson-White Syndrome (WPW)
  • Atrioventricular Nodal Reentry Tachycardia (AVNRT)
  • Ventricular tachycardia (VT)
  • Others

End-User

  • Hospitals
  • Cardiac Catheterization Laboratories
  • Ambulatory Surgery Centers

Region

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

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About FMI                     

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

Contact:                                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/electrophysiology-market
For Sales Enquiries: sales@futuremarketinsights.com
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Plastic Corrugated Sheets Market to Expand at CAGR of 6.4% Due to Rising Trend E-commerce Sector

A recent market research report entitled Plastic Corrugated Sheets Market  Size, Share, Growth, Industry Trends, and Forecast, done by our research team depicts the comprehensive and collaborative analysis of industry during past, present, and forecast periods. The Plastic Corrugated Sheets Market report determines historic growth analysis and current scenario of Functional Mushroom Market place and intends to offer actionable insights on global market growth projections.

The report Plastic Corrugated Sheets on all the industry verticals like competitive market scenario, regional presence, and development opportunities. The next part covers the market competition landscape based on revenue and growth rate. Further, it explains Plastic Corrugated Sheets Market types, applications, and price analysis.

As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI) the global plastic corrugated sheets market is projected to total US$ 1.3 Bn in 2021, growing at a 6.4% CAGR through 2031.

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2014-2020 Plastic Corrugated Sheets Market Outlook Compared to 2021-2031 Forecast

Driven by the expansion of the food and construction industries across the globe, the plastic corrugated sheet market is anticipated to rise at 6.4% CAGR from 2021 to 2031. Plastic corrugated sheets are made from high-impact polypropylene copolymer or low-density polyethylene.

These sheet are specially derived from extruded plastic, also known as twin-wall or multi-wall sheet produced in a continuous extrusion process. They are waterproof, heat-insulated, and long-lasting, while being chemical, moisture, acid-resistant as well as pest and termite resistant. Its tendency to adhere to unforeseen hardships and climate changes is indeed an advantage. It is a robust, long-life, and customized packaging solution for various end-user applications.

Plastic corrugated sheets are extensively used in the advertising industry for exhibition and signboards, indoor-outdoor signage, digital and screen-printing displays. These sheets provide robust protection against environmental influences are easily installable, ideal for temporary walls, fencing, and partitions.

Plastic corrugated sheet is among the most protective packaging solutions, providing optimum level protection for all kinds of material parts of different sizes and shapes. They are an excellent source of roofing and flooring materials and are used in the agriculture industry for the construction of greenhouses and protection and handling of plants during transport.

In addition, the emergence of e-commerce and digital platforms are anticipated to propel sales of plastic corrugated sheets. Versatility, flexibility, sustainability, and cost-effectiveness are chief factors driving the popularity and adoption of plastic corrugated sheets in various end-use industries. Growing demand for recyclable, reusable, non-toxic and environment-friendly solutions is spurring is projected to spur sales of plastic corrugated sheets in the forthcoming years.

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Key Takeaways from Plastic Corrugated Sheets Market

Based on material type, polypropylene (PP) plastic corrugated sheets are projected to hold 48.7% of the total market share.

In terms of end-use, applications of plastic corrugated sheets in the packaging industry are anticipated to account for 34.1% of the total market share through 2031.

3mm to 8mm thickness segment to remain highly sought after, capturing 48.4% of the total plastic corrugated sheets market share.

The U.S. will continue witnessing high demand for plastic corrugated sheets, accounting for 85.1% of the North American market share.

Germany is projected to dominate the European plastic corrugated sheets market, holding 17.5% of the market share.

Sales of plastic corrugated sheets in India are anticipated to grow at a robust 8.9% CAGR through 2031.

China will emerge as an attractive market, commanding 80.9% of the East Asian plastic corrugated sheets market share.

The Australian plastic corrugated sheets market is projected to grow at a 3.5% CAGR through 2031, owing to increasing demand for high-quality printing solutions.

Who is Winning?

DS Smith Plc, Karton S.p.A., Coroplast, FlutePlast, Twinplast Ltd., and among others are the leading players in the global plastic corrugated sheets market. The Tier 1 players in the market hold 15-20% in the global plastic corrugated sheets market.

As consumers are preferring environmentally friendly, sustainable, and affordable packaging solution, players operating in the global plastic corrugated sheets market are actively focusing on research and development to launch innovative products, catering to the growing demand. Besides this, strategic collaborations, mergers, and acquisitions will remain prominent growth strategies adopted by key players over the assessment period. For instance:

Coroplast® offers CORO-GARD plastic corrugated sheets made for electronic transportation-sensitive devices and packaging to prevent (ESD) electrostatic damage. It is produced to meet the guidelines given by the (EIA) Electronics Industries Association.

Coroplast® introduced brushed fabric polyester laminated sheets, which provide additional abrasion protection for “A” class packaging applications. Polyester laminated Coroplast sheets offer a cost-effective solution to ensure a proper combination of process, materials, and adhesion.

Karton S.p.A. introduced Eplak® polypropylene sheet, which has a sandy matt finish ideal for cosmetics and luxury products packaging. Its glossy, shiny mirror finish is perfect for advertising materials. Cartonplast® is a versatile product that is easily converted into box packaging and uses the most modern extrusion technique.

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Plastic Corrugated Sheets Market by CategoryBy Material Type:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Others (Polycarbonate (PC), Polyethylene Terephthalate (PET), etc.)

 By Thickness:

  • Less than 3 mm
  • 3 to 8 mm
  • Above 8 mm

By End Use:

  • Packaging
  • Healthcare
  • Food
  • Automotive
  • Electronics
  • Others

By Region:

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

Related Links –

https://www.boredpanda.com/?p=4342276

https://articlewipe.com/?p=408869&preview=true&_preview_nonce=edf8c70009

https://vocal.media/stories/temperature-controlled-pharmaceutical-containers-market-size-share-trends-industry-analysis-research-during-the-ongoing-covid-19-and-research-methodology-by-forecast-to-2032 

https://degentevakana.com/blogs/view/109003    

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Sinus Therapeutic Drugs Market – This is How Leading Companies Are Dominating the Global Market

According to research done by ESOMAR-certified company Future Market Insights, the market for sinus therapeutic pharmaceuticals would reach US$ 4.29 Bn by 2030 and increase at a consistent CAGR from 2020 to 2030. (FMI)

One of the key drivers of the sinus therapeutic medication industry is the development of biologics.

Drug producers and researchers are both interested in omalizumab. It has received permission to treat severe allergic asthma in both the US and Europe.

In adults, sinus infections could be attributed to sinus glands having structural deformities, nasal polyps, and history of infection to respiratory tract, weakened immunity.

In children, sinus-related infections could be caused due to a pacifier, getting unduly exposed to second-hand smoke, feeding at the time of laying down, and likewise. Moreover, fungal infections and pollutants drive sinusitis.

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Key Takeaways

  • Steroid nasal sprays held the largest market share in 2019 and the scenario is expected to continue in the upcoming period as well.
  • North America accounted for more than 30% of market share in 2019
  • Antibiotics remain a first line of defence, and this category is likely to grow at steady pace through 2030
  • Covid-19 outbreak has diverted the research towards nasal drug delivery, which is likely to benefit even sinus therapeutic drugs market.

Key Participant Insights

The global market is set to witness a staggering growth in the forecast period. The market players are batting for organic as well as inorganic mode of expansion.

For instance –

  • In Jul 2020, Tiziana announced submission of patent application for Foralumab’s nasal administration. Foralumab is a 100% human Anti-CD3 monoclonal antibody to treat Covid-19 patients.
  • In Jun 2019, Sanofi and Regeneron Pharmaceuticals, Inc. announced approval of Dupixent (dupilumab) by the US FDA to be used with the other medicines for treating CRSwNP (chronic rhinosinusitis with nasal polyposis).

The key market players covered by FMI include Bausch Health, Nоvаrtіѕ АG, Ѕun Рhаrmасеutісаl Іnduѕtrіеѕ, Іnс., Rеddу’ѕ Lаbоrаtоrіеѕ, Іnс., Теа Рhаrmасеutісаl Іnduѕtrіеѕ Ltd., Frеѕеnіuѕ Каbі UЅА, Јоhnѕоn & Јоhnѕоn, Рfіzеr Іnс., Јаnѕѕеn Рhаrmасеutісаlѕ, Іnс., and GlaxoSmithKline plc.

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Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030.

The global sinus therapeutic drugs market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights on sinus therapeutic drugs market on the basis of drug class (Аntіhіѕtаmіnеѕ, Аnаlgеѕісѕ, Ѕulрhоnаmіdеѕ, Соrtісоѕtеrоіdѕ, Аntіbіоtісѕ, NSAID’s, and Оthеr Drug Сlаѕѕеѕ), type of disease (Acute Sinusitis, Sub-acute Sinusitis, Chronic Sinusitis), route of administration (Oral, Topical, Injectable), and distribution channel (hospital pharmacies, retail pharmacies, online pharmacies) across seven major regions

Key Segment

Route of Administration

  • Oral
  • Topical
  • Injectable

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Disease Type

  • Acute Sinusitis
  • Sub-acute Sinusitis
  • Chronic Sinusitis

Geography

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

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About FMI                     

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

Contact:                                        

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