Europe Meat Packaging Market to exhibit a CAGR of 3.5% By 2031

The meat packaging market is expected to register positive growth through 2021, with the overall valuation forecast to reach US$ 6.9 Bn. Future Market Insights projects meat packaging sales to increase at 4.7% CAGR between 2021 and 2031.

The revenue from the meat packaging market totaled US$ 6.7 Bn for 2020, according to FMI. The demand for fresh meat products will be highest among all. FMI projects, fresh meat products to account for nearly 44.3% of meat packaging market in 2021.

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Transparency of a package is extremely crucial in terms of product quality. The growing requirement for clear and genuine packaging is rising on a large scale, particularly in the food and beverages industry.

See-through packaging is accomplished by using films for superior gloss and excellent transparency. This additionally reduces prices for printing and labelling, as compared to opaque alternatives. Consequently, the appropriation of such packaging solutions is anticipated to expand the sales of meat packaging in the near future.

Various advancements in technology and powerful automated production lines have opened possibilities for the meat packaging businesses. A recent development in the industry is high-pressure processing (HPP), which does not require heat while packaging meat products.

Key Findings from the Market Study on Meat Packaging

  • The popularity of polyethylene (PE) polymers is growing as a result of its better barrier qualities. The market is expected to grow by 1.7 times its current valuation, creating an additional potential worth about US$ 2.5 billion.
  • By the end of 2031, modified atmosphere packaging technology will hold a market share of more than 40%. Because of the technology’s improved shelf life and aesthetic appeal, demand will rise.
  • With a sizable non-vegetarian customer base, China will control 42.3% of the East Asian market in 2021.
  • Due to increased export activity, Germany and Italy, which together account for about 15% and 13% of the market in Europe, are showing strong development potential.
  • The U.S. will hold over 84% of the North America market, supported by a large consumer base and presence of a matured meat processing industry.

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Meat Packaging Market Landscape

The global meat packaging market is highly fragmented in nature. A larger portion of market share is held by domestic and local market players. Leading players in the sector are focusing on the expansion of production capacity, in addition to investing in tech improvements.

Some of the key players operating in the global meat packaging market are

  • Amcor Plc,
  • Berry Global Inc.,
  • Winpak Ltd.,
  • Sealed Air Corp.,
  • Mondi Group,
  • Amerplast Ltd.,
  • Faerch Plast A/S,
  • Bollore Group,
  • Constantia Flexibles Group GmbH,
  • Sonoco Products Company,
  • Thantawan Industry Plc and
  • Cascades Inc.

Meat Packaging Market by Category

By Material Type:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Ethylene Vinyl Alcohol (EVOH)
  • Polyamide (PA)
  • Others

By Product Type:

  • Fresh Meat
  • Processed Meat
  • Frozen Meat

By Meat Type:

  • Beef
  • Pork
  • Poultry
  • Seafood
  • Others

By Packaging Technology:

  • Modified Atmosphere
  • Vacuum Skin
  • Vacuum Thermoformed
  • Others

By Region:

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

Contact:

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Bag-on-Valve Laminates Market is expected to be worth US$ 225.3 Mn by the year 2022

The global bag-on-valve laminates market is bound to display a gracious growth between 2022 and 2031 at a CAGR of 5.4%, reaching US$ 372 Mn. The bag-on-valve laminates market with a market value of over US$ 219 Mn in the year 2019 is anticipated to grow at an astonishing CAGR of ~5.5% during the forecast period on the back of personal care and pharmaceutical industries. The personal care and pharmaceutical industries have witnessed an astounded growth in the past 5 years. The market pertaining to these industries is extremely competitive, which results in continuous product.

Personal care products are commonly packed in traditional aerosol packaging but with innovation, bag-on-valve packaging has emerged as a preferred solution. The bag-on-valve packaging system consists of an aluminum or tinplate container, valve, laminate bag, actuator nozzle, and a pressurized propellant such as nitrogen gas or compressed air.

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The use of inert gas such as nitrogen or compressed air as propellant makes the product safer by leaps and bounds compared to traditional aerosol packaging that use flammable hydrocarbons as propellants.

Bag-on-Valve laminates have emerged as safer alternatives for packaging of a variety of personal care products and are gaining popularity among consumers of those products who are averse to flammable propellants.

Several key players are using this technology to cater to the changing demand among consumers. According to FMI, the personal care industry is expected to account for nearly 33% of sales in the market in 2021. Besides this, the demand in the healthcare sector also is expected to rise.

Key Takeaways from Bag-on-Valve Laminates Market

  • Rising demand for alternative and sustainable packaging solution will drive the bag-on-valve laminates market at 5.4% CAGR between 2022 and 2031
  • Rising demand for advanced packaging solutions in America’s personal care and healthcare industry will enable the U.S. to account for over 88% sales in North America in 2021
  • Government regulations aimed at curbing carbon footprint across various industries will facilitate growth in the U.K. at 1.9% CAGR over the forecast period
  • France, Italy, and Benelux will exhibit high demand for bag-on-valve laminates within the Europe market
  • Expansion of the manufacturing sector will create growth opportunities for the market within China

“Besides adopting strategies to achieve their goals for expansion, the market players are focusing on offering greater recyclability. Steps taken towards adopting sustainable packaging solutions will aid the overall expansion of the market in the coming years,” said an analyst at FMI.

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Demand for Safe Packaging of Sterilized Products to Shape Bag-on-Valve Laminates Market

Manufacturers in the pharmaceutical industry offering products such as nasal sprays and wound cleaners are favoring bag-on-valve laminates packaging, as it is easy to sterilize and a comparatively hygienic form of packaging.

The nasal spray market is anticipated to grow tremendously as it is an effective drug delivery system for the increasing number of cases of asthma, respiratory diseases, and common coughs and cold.

According to the World Health Organization (WHO), out of 93 vaccine trials that are underway, 7 are based on intranasal delivery system. The demand for packaging of these nasal sprays will potentially augment the bag-on-valve laminates sales due to their ability to keep the active ingredient comparatively safer.

Impact of COVID-19 on Bag-on-Valve Laminates Market

The ongoing COVID-19 pandemic has affected many industries including the packaging sector. The bag-on-valve laminates market suffered in the pandemic majorly because of factors like shortage in supply of raw materials, logistics, and lockdown restrictions.

The decrease in demand from industries such as personal care and home care also negatively impacted the overall market. Nonetheless, the increasing application of bag-on-valve laminates in the healthcare industries for packaging of products like nasal sprays and sterile washes has helped in dampening the effect of the pandemic.

Bag-on-Valve Laminates Market Landscape

  • Amcor plc,
  • Aptar Group,
  • Precision Valve Corporation

are the top players operating in the bag-on-valve laminates market. Furthermore,

  • Tunap Group,
  • Lindal Group,
  • Summit Packaging Systems,
  • Gualapack S.p.A

are also some of the noticeable players in the bag-on-valve laminates market. The Tier 3 players hold 65-70% in the global bag-on-valve laminates market. Key players contribute almost 30-35% of the global market.

Key Segments Covered in Bag-on-Valve Laminates Industry Research

Material:

  • Polypropylene (PP)
    • Oriented Polypropylene (OPP)
    • Cast Polypropylene (CPP)
  • Aluminum
  • Polyethylene terephthalate (PET)

Packaging Format:

  • Bags
  • Pouches

Filling Process:

  • Cold Fill
  • Aseptic Fill
  • Ambient Fill

Application:

  • Home care
  • Personal care
  • Healthcare
  • Others (Chemical)

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and 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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Polyethylene Orthopaedic Insert Market Future Scenario, Key Insights, Top Companies 2027 | Zimmer Inc., United Orthopedic Corp., Zimmer Biomet

Orthopaedic insert or implants are medical devices intended for restore the bone, or missing joint or assist the damaged bone. Orthopaedic implants are manufactured mainly using steel or metal alloys for strength and coated with plastic material which act as artificial cartilage.

Polyethylene orthopaedic implants are made from Ultra High Molecular Weight Polyethylene (UHMWPE). Polyethylene orthopaedic implants are strong and durable which give cushion to the metal platforms. Polyethylene orthopaedic implants are developed to address the issue of wear in orthopaedic implant procedures.

Traditional Polyethylene orthopaedic inserts have the issues related wear, cracking, and oxidative degradation which prompting the healthcare professionals and care givers to use advance polyethylene inserts which offer better patient compatibility. Novel polyethylene orthopaedic Implants are made from cross linked UHMWPE which benefits the patient community.

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Polyethylene Orthopaedic Insert Market: Drivers and Restraints

Global polyethylene orthopaedic Insert market is driven by increasing adoption of polyethylene orthopaedic implants among orthopaedic physicians and surgeons and rising number of knee replacement procedure across the globe.  For instance, in U.S. alone more than 600,000 knee replacement procedures are performed in each year.

The factors currently contributing to the revenue growth of the polyethylene orthopaedics implants market is decreased wear of the product in medium term, and increased access to novel orthopaedic implants to caregivers and patients.

Furthermore, polyethylene is the best material for articulating with metal or ceramic and physicians trust on polyethylene acetabular cup liners have been used as a pivotal component in hip arthroplasty for over 45 years are expected to drive the market for polyethylene orthopaedic implants over the forecast period.

Global polyethylene orthopaedic implants market hindered by the traditional polyethylene orthopaedic implants which are oxidizable and wear over a period of time.

The market restrained by slow adoption of orthopaedic implants due to lack of healthcare infrastructure in developing economies, dearth of skilled professionals to perform orthopaedic implantation in underdeveloped economies which are expected to hinder market revenue growth of polyethylene orthopaedic implants over the forecast period.

Polyethylene Orthopaedic Insert Market: Overview

Polyethylene orthopaedic implantsmarket is witnessing significant changes due to increased innovation from the market players. Zimmer Inc., for instance developed high cross-linked polyethylene to address the issue of wear in orthopedic implantation.

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Polyethylene Orthopaedic Insert Market: Region-wise Outlook

Geographically, polyethylene orthopedic insert market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America will remain key market for polyethylene orthopaedic implants market due to increased FDI approvals for these devices, increasing awareness among healthcare fraternity and availability of advanced healthcare infrastructure helps to maintain larger market share in the globalpolyethylene orthopaedic implants market by the region.

Asia Pacific is anticipated to present growth opportunity owing to large untapped market and growing government’s interventions for improving healthcare infrastructure in the region.

Polyethylene Orthopaedic Insert Market: Key Players

Some of the players in the global polyethylene orthopedic insert market are Zimmer Inc., United Orthopedic Corp., Aesculap Implant Systems, Inc., Orthoplastics Ltd., Zimmer Biomet to name a few.

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, types, technology and applications.

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)

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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.

Polyethylene Orthopaedic Insert Market: Segmentation

Based on the product type, the global polyethylene orthopedic implants market is segmented into the following:

  • Internal Fixation Devices
  • External Fixation Devices

Based on the anatomical location, the global polyethylene orthopedic implants market is segmented into the following:

  • Hip
  • Foot
  • Ankle
  • Knee
  • Others

Based on the end user, the global polyethylene orthopedic implants market is segmented into the following:

  • Hospitals
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
  • Others

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

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Hang Tags Market Growth By Rising Demand of E-commerce, Clothing, Retail And Food & Beverages Industry

Hang tags are now used in a variety of businesses outside textiles and apparel, including food, hospitality and travel, and beauty and personal care. This will enable sales in the hang tag market, according to a study by Future Market Insights (FMI). By 2021, the market is expected to be worth US$ 1.7 billion. Hang tags are a popular label/tag solution that are typically used with or affixed to goods to display information about the item. Hang tags are also seen to be a good way to brand products and give them a nice appearance.

There are various types of hang tags available, including those made of paper, fabric, and plastic. Paper hang tags, in particular, are in high demand. Shifting millennials’ purchasing habits from brick-and-mortar to online shopping has raised clothes and apparel sales significantly, and this will be one of the primary drivers driving the hang tag industry. The clothing and apparel industry’s rising demand will continue to fuel expansion. In 2021, it is estimated to account for more than 60% of market sales.

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Who is Winning?

  • CCL Industries Inc,
  • Sato Holdings Corporation ,
  • Nilorn Group

are the top players operating in the hang tags market. Furthermore,

  • St. Louis Tag Company,
  • Bornemann-Etiketten GmbH,
  • WunderLabel Company,
  • Dortex Werbung und Vertrieb mbH, F
  • inotex USA Corporation and
  • Pacific Coast Bach Label Inc

are also the noticeable players in the hang tags market. The Tier 3 players in the market hold 80-85% in the global hang tags market. In conclusion, key players contribute almost 15-20% of the global market.

Key Takeaways from Hang Tags Market

  • After a period of lackluster sales, hang tags market will register 5.2% CAGR between 2021 and 2031
  • The U.S. will remain the chief hang tags market in North America, accounting for over 80% of sales
  • Expansion of beauty and personal care industry will aid growth in the U.K.
  • Presence of a growing textile industry will drive the India market for hang tags
  • Increasing demand from food and beverages sector will support growth in China

“Incorporation of eye catchy printings on hang tags coupled with smooth finishing make them exceptional brand communicators with target audience. Emergence of hang tags as an effective medium of interaction between item and customers has catapulted its popularity among the brand owners. This popularity for hang tags among the brand owners has transformed into lucrative opportunities for hang tags manufacturers” says FMI analyst.

Printing on Hang Tags to Elevate Brand Image of Product

Leading as well as small food & beverages, beauty and personal care, clothing and apparel industry players across the globe are preferring labelling solutions such as hang tags, loop tags, and swing tags for brand promotion and attract end-use customers. Printing on hang tags with precise product information helps brand owners to differentiate their products from competitor’s products already available in the market.

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Hang tags can be printed with several printing options such as flexo printing, direct thermal and thermal transfer, and others as per the requirement. These custom printing options able to print all sorts of prints on hang tags starting from barcodes to track your product to any other form of information as per the customer needs. Quality of print on hang tags plays a pivotal role in hang tags aesthetic look and its finishing.

Such printing on hang tags improves the overall look of hang tags and make it attractive and it also gains the attention of consumer towards the product. Availability of such advanced printing options is offering several opportunities to hang tags manufacturers to design and manufacture more attractive and catchy hang tags to attract a major portion of customers in the market.

Impact of COVID-19 on Hang Tags Market

Global wave of COVID-19 pandemic has induced moderate impact on the sales of hang tags in the market. Substantial portion of demand for hang tags is derived from clothing & apparels, hospitality and travel and food & beverages sectors. Stringent lockdown in several regions including North America, Europe and Asia has created negative impact on these industries in terms of demand and supply.

Lesser demand generation for hang tags from these industries resulted in stagnant market growth for hang tags amid the COVID-19 period. Furthermore, the second wave of pandemic in some countries, halt the production of manufacturers including hang tags producers which will further limit the sales of hang tags for certain period. Nevertheless, factors such as recovery from outbreak, revised demand & supply of raw materials in production plants is estimated to fuels the sales of hang tags in the later part of 2021.

Hang Tags Market by Category

Material Type

  • Paper
  • Plastic
    • PVC
    • PP
    • PET/BOPET
    • Other Composite Material
  • Fabric

Tag Type

  • Hang Tag/Swing Tag
  • Loop Tag

Printing Technology

  • Direct Thermal
  • Thermal Transfer
  • Flexo Printing
  • Offset and Screen Printing
  • Laser Printing

End-use

  • Clothing and Apparels
  • Food and Beverages
  • Hospitality and Travel
  • Beauty and Personal Care
  • Consumer Electronics
  • Others

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Region

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

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,
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T: +1-845-579-5705
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Signage Market is set to exhibit growth at a CAGR of 6.3% During 2022 to 2031

The global signage market is slated to witness a CAGR of 6.3% between 2022 and 2031, reaching US$ 63.3 Bn by the year 2031.

The retail industry is witnessing structural changes along with the adoption of refined strategies that will have a direct impact on the demand for signages. Highly fragmented market and increasing competition for offline stores from e-commerce businesses have resulted in changes in the conventional retail. As per a study by Future Market Insights (FMI), this will create attractive scope for the expansion of the signage market between 2021 and 2031.

Signage for retail stores can be made in different sizes and forms based on location of installation and intent of the business, but they all have the same purpose to attract customers and increase the awareness about the brand. Signage design plays a vital part in increasing the sales of the business. Signage design is the first brand impression that many customers remember about a brand. A good signage communicates products and services of company and what can a customer can expect from the company.

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For instance, McDonald’s emphasis on signage presentation at every location of theirs helps in enhancing their brand value in the minds of the customers. The company makes sure that it installs signage to reinforce branding at every new location.

There also is high focus on outdoor signages as businesses seek to read a wider audience. As per FMI, outdoor signages will account for over 60% of sales in the market in terms of products available. Meanwhile, rising demand from supermarkets and hypermarkets will continue supporting growth.

Key Takeaways of Signage Market Study

  • Rising at 6.4% CAGR between 2021 and 2031, signage market will grow in response to expansion of the retail sector
  • Presence of a high number of supermarkets and hypermarket makes the U.S. dominant. It is expected to account for over 85% of sales in North America
  • Focus on outdoor digital advertising will drive the U.K. market at 2% y-o-y growth in 2021
  • Expansion of the retail sector will position India as a key market for signage sales within South Asia
  • China’s bustling retail sector will catapult it as a chief signage market within East Asia

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“Marketers are keenly focusing on investing on advertisement to grab customers’ attention which is a challenging task. Digital signage have the potential to overcome the challenges associated with conventional advertising. A major trend observed recently is replacement of conventional signage with digital signage at multiple locations.” says an FMI analyst.

Cost Effectiveness of Signage Creating Lucrative Opportunity

Companies need to assure that their marketing investment is being used wisely and no business would be interested in wasting the money on a signage that would not help in increasing the footfall. Businesses need to clearly know the intent of what they want to achieve by signage advertising.

A signage helps the businesses to grow in the long term when compared to other marketing efforts, for instance, an ad in the newspaper. This serves or caters to achieve the short term marketing goal of the business. However, signage can help the business build their brand. With the integration of technology, brands can use digital signage which can be changed with minimum efforts every time the business wants to revise its marketing strategy.

Signage are cost effective marketing solutions, even though the initial cost might be high it’s worth to invest in a quality product which can reap benefits for a longer duration by minimizing maintenance costs. Moreover, there is no specific time for the signage marketing to work as it reaches out to anyone who passes by the signage at any point of the day or night.

Impact of COVID-19 on Signage Market

Pre COVID-19 witnessed an accelerated growth owing to digital innovations in outdoor advertising. Post the pandemic companies have taken their steps back and scaled their investments on advertising. Companies were concerned about buying outdoor spaces as the world was hit with lockdowns resulting in few people stepping out of their homes. Coronavirus has led to an immediate decline in advertising spending by businesses.

Multiple media agencies and businesses have paused their spending on advertisement owing to economic slowdown heat faced by numerous brands. In an optimistic scenario, governments of various nations have emerged as advertising buyers to promote health and safety messages associated with the COVID-19.

Who is Winning?
FASTSIGNS International. Inc., Signarama, Walton Signage Corporation, R.R. Donnelley & Sons Company, Impact Signs Inc., Back Bay Sign Company, Pearce Signs Group,  Sovereign Signs (Strata Holdings Limited), HNS Signs Ltd, Allsigns International Ltd, Harrisons Signs Limited, Benson Signs Ltd., Lavastar Signs Ltd, National Signs Ltd, Signs Express Ltd, Dlinexsign Ltd and One Digital Signage Ltd. are prominent players in the signage market. The signage market is highly fragmented and the Tier 1 players in the market hold 15–20% share in the global signage market.

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Key Segments Covered In Signage Industry Research

Product Type:

  • In-store Signage
  • Promotional Signage
  • Directional Signage
  • Outdoor Signage
  • Promotional Signage
  • Directional Signage

End-use:

  • Supermarkets & Hypermarkets
  • Stores
  • Schools & Offices
  • Industrial Sectors
  • Entertainment
  • Others

Frequently Asked Questions

  • How much is the Signage market currently worth?
  • What is the sales forecast for Signage through 2031?
  • What was last 6-year market CAGR for the sales of Signage?
  • Who are the key manufacturing companies for Signage?
  • What’s with the Asian region?

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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Rain Barrels Market is expected to reach US$ 2 Bn in 2022, likely to surge at a vigorous 5.7% CAGR

It is anticipated that the global market for rain barrels would see a boom, growing at a CAGR of 5.7% between 2022 and 2030 to reach US$ 3.3 billion. The need for rain barrels to store rainwater is expected to increase significantly over the course of the forecast period due to steady demand from well-known industries such as industrial chemicals, petroleum and lubricants, drinks, and paints, inks, and dyes.

The demand for rain barrels has been fueled by the growing need for access to clean, safe drinking water and more environmentally friendly methods of keeping it. Additionally, the market will benefit from technology developments like heat sealing and thermoforming aimed at enhancing rain barrel functionality. Manufacturers are displaying a stronger preference for biodegradable packaging as a result of the increased emphasis on recycling. The sales of plastic rain barrels are increasing as a result.

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“Global warming and changing climatic condition is increasing the need for rain water preservation, which is accelerating the sales of rain barrels,” remarks the FMI analyst.

Main Points

  • Food-grade rain barrel demand is anticipated to increase relative to other categories during the projection period.
    The market is being dominated by the food and beverage sector.
  • Through 2021, the U.S. is anticipated to make up over 85% of all sales.
  • France and Germany are expected to be among the most lucrative markets.
  • China will likely become a significant rain barrel market by 2030, followed by Canada, where plastic will increase at a rate of about 5.9% CAGR.
  • Rain barrels with capacities of 75-125 gallons are expected to generate the highest sales in the future years.

Rain Barrels Demand Analysis (2015 to 2021) Vs Market Outlook (2022 to 2030)

According to the WHO, nearly 1.1 billion people all across do not have access to safe and clean drinking water, while 2.6 billion people lack basic sanitation facilities. Major uses of water include individual, domestic, agricultural, household, and industrial. To support the growing requirements of the population, one needs to conserve and use water sustainably.

Climate change and global warming are also playing a major role in increasing demand for water and creating water shortage plants in many parts of the world. Effective water management is required to keep water hygienic and safe to use. Rainwater harvesting is an effective way of water conservation that could be carried out easily at home to enhance the volume of water for usage. Rainwater could be later used for watering plants, cleaning gardens, and lawns.

Key Restraints

  • Smaller size rain barrels to limit the potential rain water collection
  • Laborious construction of multiple rain barrels to limit the growth of the market

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Competitive Landscape

Key companies operating in rain barrels market profiled by FMI include

  • ORBIS Corporation,
  • Capi Europe B.V.,
  • GRAI GMBH,
  • Koolatron Corporation,
  • ROTO Group UK,
  • WISY AG,
  • The Barrel Makers,
  • Kingfisher Direct Ltd.,
  • Etills Limited,
  • Oaklands Group LTD.,
  • Good Ideas Inc.,
  • Algreen Products Inc.,
  • Bosmere Products Ltd., and
  • Emsco Group among others.

In 2021, ORBIS Corporation offered new frame work for inbound food and beverage applications to protect the product during the transportation process by utilizing full pallet loads of beverage products.

Algreen Products Inc. are focusing on developing sustainable and green products such as castilla rain barrel, Athena rain barrel, cascata rain barrels and others at affordable prices to generate the revenue prospects for upcoming years.

Key Segments Covered in Rain Barrels Industry Research

Capacity Type

  • 25-75 gallons
  • 75-125 gallons
  • 125-175 gallons
  • Above 175 gallons

Material Type

  • Metal
  • Plastic
  • Wood
  • Concrete & Clay

Head Type

  • Open Head
  • Tight Head

Region

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

Contact:

Future Market Insights Inc.
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Coffee Filter Paper Market is extrapolated to reach a Value of US$ 247.1 Bn by 2030

ESOMAR-certified consulting firm Future Market Insights’ coffee filter paper market report expects a significantly positive outlook through 2022, expected to surpass nearly US$ 877.3 Mn. Rising demand for incorporating sustainable packaging solutions is primarily underpinning expansion prospects. Furthermore, FMI projects a CAGR of nearly 4.9% through 2030.

Global coffee consumption increased by 1.3% in FY 2020-22, as social distancing measures were enforced, reports the International Coffee Organization. While analysts project a significant upswing, apprehensions abound regarding a possible deficit onset. According to Brazilian forecasting agency CONAB, less than 50 million bags are likely to be harvested in April 2021, compared to 63 million bags the previous year. Hence, sales of coffee filters are likely to take a dip for the short term.

Fortunately, markets such as India are expected to post credible gains, with production likely to increase to 5.3 million bags, stimulated by favorable weather as yields of Arabica and Robusta varieties improve. In spite of the inconsistencies in coffee production, demand for coffee filter will continue rising amid adequate supply of coffee across organized retail sectors.

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“Prominent manufacturers are increasingly targeting emerging economies across the Asia-Pacific and South America, given their heightened global coffee production volumes, generating highly lucrative revenue pools for the upcoming forecast period,” remarks an FMI analyst. 

Key Segments Covered in Coffee Filter Paper Industry Research

Product Type           

  • Cone Filter
  • Basket Filter
  • V Cone Filter
  • Disc Filter
  • Drip Bag Coffee Filter
  • Others

Material Type

  • Bleached Paper
  • Unbleached Paper

Thickness

  • Up to 20 GSM
  • 20 to 40 GSM
  • Above 40 GSM

End-Use

  • Commercial Use
  • Institutional Use
  • Household Use

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Key Takeaways from FMI’s Coffee Filter Paper Market Study

  • By product type, cone and basket coffee filters to generate half of the total revenue
  • 20 to 40 GSM coffee filter papers to expand nearly twofold throughout the forecast period
  • High uptake is expected across institutional frameworks, generating over US$ 100 Mn incremental opportunity
  • Preference for unbleached coffee filters is expected to register a significant incline
  • US to account for over four out of five coffee filter paper sales across North America
  • Growing number of specialty coffee shops to fuel sales across the UK
  • Brazil to remain the global coffee filter paper powerhouse, given its lucrative share in global coffee production

Coffee Filter Paper Market- Prominent Drivers

  • Increasing demand for paper based packaging to promote sustainability is heightening sales
  • Easy availability attributed to the widening development organized retail is increasing coffee filter paper penetration
  • Emerging markets such as Brazil & India are expected to emerge as key coffee filter paper manufacturing hubs, attributed to increased coffee production

Coffee Filter Paper Market- Key Restraints

  • Preference for low-calorie beverage is limiting global coffee consumption, leading to dwindling coffee filter paper sales
  • Availability of substitutes such as automatic and semi-automatic filter machine to pose a significant challenge

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Competitive Landscape

Prominent coffee filter paper manufacturers in FMI’s analysis include Ahlstrom-Munskjö Oyj., Riensch & Held GmbH & Co. KG, BV Filtropa, TERRANOVA PAPERS SA, Neu Kaliss Spezialpaper GmbH, Melitta, Glatfelter Corporation, Purico Group Limited, KONOS GmbH, Animo B.V., Rockline Industries, Twin Rivers Paper Company and Thomas & Green. Offering sustainable packaging solutions remains the core marketing strategy of a majority of these manufacturers.

In 2018, Ahlstrom- Munskjö Oyj inaugurated a new plant in Madisonville, US, for furthering its high performance filtration material business, in growing response to demand for high performance material across engine and industrial applications. The investment has also proven beneficial for furthering the company’s packaging business, including coffee filter paper manufacturing.

Also, with regard to sustainable product offering, Riensch & Held manufactures the Finium® range of biodegradable paper tea and coffee filters. These unbleached paper filters are made of cellulose, manufactured without addition of adhesives or other binding agents.

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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Vaccine Packaging Market is projected to reach US$ 3.5 Bn by 2030, at a CAGR of 13.2%

According to FMI, the vaccine packaging market produced approximately US$ 1.1 Bn in total sales in 2021. The global market for vaccine packaging is expected to increase three times from its current value by the end of the forecast period in 2030. The market for vaccine packaging is expected to reach US$ 3.5 Billion by 2030, at a CAGR of 13.2% from 2022 to 2030, from an estimated US$ 1.3 Billion in 2022. A recent FMI estimate projects that the worldwide vaccine packaging market would create an additional opportunity worth US$ 2.3 billion over the projection period.

The report covers various factors affecting the Vaccine Packaging market. FMI provides in-depth insights into the market. It presents the study in a coherent chapter-wise format, interspersed with data and relevant info graphics. The report adopts an analytical approach to help our clients get better understanding about the market. Our expert market research analysts in the food & beverage industry domain carries out an extensive primary and secondary research with the help of digital intelligence for optimized decision making.

What is the Future Outlook for the Vaccine Market?

Vaccines will continue to play a critical role in the control of infectious illnesses. As vaccine research improves, the therapeutic prospects in the field of non-infectious illnesses will expand even further. Recombinant vaccines, designed vectors are anticipated to be seeing growing interest in vaccine technology. As per World Health Organization (WHO), the global vaccination rate is estimated to be over 85%.

Considering vaccinations enormous and expanding clinical impact, the global industry is becoming increasingly lucrative. Vaccine coverage in globe has been seen a declined from 86% to 83% in 2020 and the number of unvaccinated children has increased 3.4 Mn by 2020. In the year 2020, 19 vaccines were introduced, which is less than half of any year in the previous two decades.

Competitive Landscape

By 2030, Europe and North America are expected to dominate the global vaccine packaging market, with a market value share of almost 50%.

The market’s top players are aiming to expand their worldwide presence, increase their product offering, and accelerate the development process to obtain a competitive advantage. In addition, most industries are using marketing methods like mergers and acquisitions to expand their market reach and improve their position.

For instance,

  • In January 2022, Gerresheimer is improving its capacity for glass vials at its Wertheim site as well as at two other locations in China and the United States. The company is investing in Wertheim production to increase vial capacity by 150 Mn vials per year, with plans to create 70 new jobs in the process.
  • In October 2021, Becton Dickinson expands syringe production in the US. It claimed that it had decided to add production lines for safe operation injection devices at its Nebraska facility in order to increase stock of syringes as the US enters the flu vaccination period while giving patients COVID-19 jabs.

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Key Companies Profiled

  • Gerresheimer AG
  • West Pharmaceutical Services, Inc
  • Becton, Dickinson & Company
  • SCHOTT AG
  • SGD S.A.
  • Catalent, Inc
  • Stevanato Group
  • Nipro Corporation
  • Piramal Glass Private Limited
  • UDG Healthcare plc

Impact of COVID-19 on the vaccine packaging market

Since COVID-19, the global vaccine packaging market is expected to grow tremendously. This is due to the increased consumption of vaccines among consumers in COVID-19 to reduce the effects of viral infections and maintain good health. The vaccine packaging market is estimated to grow at double-digit growth rates as demand for vaccines grows exponentially in diagnostic centers, hospitals and other medical institutions. Global adoption of vaccine packages will surge in value by nearly 3.5 times between 2020 and 2030, according to FMI analysis.

Key segment

Packaging type

  • Vial
  • Prefilled syringe
  • ampoule
  • Bag and pouch

material

  • plastic
  • Glass
  • polystyrene
  • Others (metal film)

End use

  • Diagnostic Center
  • Clinical research institute
  • Other healthcare units

Important Questions Answered in the Vaccine Packaging Market Report

  • Which end user is expected to create lucrative growth opportunities for the global Vaccine Packaging market?
  • How is the Vaccine Packaging market likely to evolve in the upcoming years?
  • What are the upcoming trends and opportunities likely to prevail the Vaccine Packaging market in the future?
  • What innovative strategies are adopted by Vaccine Packaging market players to stay ahead of the pack?
  • Which region is expected to be the most lucrative region for the Vaccine Packaging market?
  • What are the restraints affecting the growth of the global Vaccine Packaging market?

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Have a Look at Related Research Reports of Packaging

Packaging Inserts Market Value:  Packaging inserts sales are projected to increase at a healthy CAGR of 4.5% over the forecast period, to top a valuation of US$ 3.5 Bn by 2032
Metal Banding Machine Market Demand: The global metal banding machine market is projected to witness growth at a healthy CAGR of 3.9% from 2022 to 2032 and reach a valuation of US$ 1 Bn by 2032

Reusable Water Bottles Market Type:  The reusable water bottles market is enjoyed a valuation of US$ 8.9 Billion in 2022, and further expand at a CAGR of 3.6% to reach US$ 12.7 Billion by 2032

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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Beverage Crates Market is expected to surpass US$ 543.9 Mn by 2030, likely to Grow Moderately at 4.9% CAGR

The worldwide beverage crates market is scheduled to witness a really good CAGR of 4.9% somewhere in the range of 2022 and 2030, arriving at US$ 543.9 Mn.

The beverage crates market is extending consistently attributable to the ascent sought after in different applications like filtered water, brew, wine, organic product juices, and others. A new report by Future Market Insights (FMI) states that the worldwide beverage crates market is supposed to develop at 4.9% CAGR during the gauge time frame somewhere in the range of 2022 and 2030.”

According to FMI, East Asia will continue to hold the leading share in the global market for beverage crates.  COVID-19 has resulted in temporary decline in growth of the global food & beverages industry causing sales of beverages crates to decelerate. However, it is poised to recover steadily as sales pick up with the recovery of the food & beverages sector.

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Studies reveal that COVID-19 has accelerated the trend towards sobriety. An Opium survey revealed that around 14 million people in the U.K. are trying to either reduce or stop drinking alcoholic beverages during lockdown. Consequently the non-alcoholic segment is exploding, which will continue creating lucrative prospects for growth of the beverage crates market.

FMI offers a thorough analysis of the global market along with information on growth drivers, restraints, and potential.

The following are some of the report’s main conclusions:

  • HDPE will continue to be a highly favoured material for usage in beverage crates.
  • Through the projection period, demand for nestable and stackable beverage crates will increase.
  • Increasing use of beverage crates for alcoholic beverages is anticipated to stimulate market expansion during the anticipated time frame.
  • Market share for beverage crates will be dominated by East Asia.
  • China is anticipated to become the region’s most lucrative market for beverage crates, followed by Europe as another prosperous region in the global market.

Who is Winning?

The key players in the global beverage crates market are operating amid cut-throat competition. In order to sail through the highly competitive environment, they are launching more varieties of quality products.

For instance,

  • Supreme Industries Limited launched its new range of nestable and stackable crates such as NS CRATE SCH, NS CRATE SSP, NS CRATE STP, NS CRATE NESTING, NS CRATE STACKING, and others in the year 2022
  • TranPak, Inc. launched its new extensive range of beverage crates such as VersaCrate 6,7”, Macro Bin 26 Solid, and others in the year 2021

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Key Companies Profiled

  • Brambles Limited
  • Supreme Industries Limited
  • Schoeller Allibert Services B.V.
  • DS Smith Plc
  • Rehrig Pacific Company, Inc.
  • TranPak, Inc.
  • IPL Plastics Inc.
  • Ravensbourn Plastics Ltd
  • Craemer UK Ltd
  • Zhejiang Zhengji Plastic Industry Co. Ltd.
  • Myers Industries, Inc.

COVID-19 Impact Analysis

The beverage crates market got highly affected due to the outbreak of the novel coronavirus, especially during the first half of this year. Various restraints such as non-operational manufacturing units, shortage of labors, and others have led to decline in the growth of the market.

Though the food & beverages industry got battered in the onset of the pandemic earlier in this year, it is recovering slowly and forecast to grow further. According to the National Statistics of the United States, the food & beverages segment in the United States is projected to reach US$ 18,702 million by 2021. With the world settling down to the ‘new normal,’ the market also has started recovering steadily and is expected to grow exponentially through 2030.

Key Segments Covered in Beverage Crates Industry Research

Beverage Crates Market by Material Type:

  • HDPE (High-density polyethylene)
  • PP (polypropylene)
  • Others

Beverage Crates Market by Product Type:

  • Nestable and Stackable
  • Collapsible

Beverage Crates Market by Application:

  • Alcoholic Drinks
    • Beer
    • Wine
    • Spirits
    • Other Alcoholic Beverages
  • Non-alcoholic drinks
    • Fruit juices
    • Carbonated drinks or soda
    • RTD beverages
    • Bottled water
    • Tea & coffee
    • Milk Products

Beverage Crates Market by Region:

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

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Have a Look at Related Research Reports of Packaging

Strip Pack Market Sales: The global strip pack market is projected to secure a bearish CAGR of 5.2% during the forecast period, and attain a value of US$ 166.0 Mn by 2032

Glass Cosmetic Bottle Market: The global glass cosmetic bottle market is anticipated to exhibit growth at a CAGR of 4.4% from 2022 to 2032 and reach a valuation of US$ 5.4 Bn by 2032

Packaging Inserts Market Value:  Packaging inserts sales are projected to increase at a healthy CAGR of 4.5% over the forecast period, to top a valuation of US$ 3.5 Bn by 2032

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
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Point-Of-Care Genetic Testing Market Study: An Emerging Hint of Opportunity by 2027

Based on geography, the point-of-care genetic testing market is segmented into North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle & Africa. Sustained implementation of point-of-care genetic testing requires that new technologies address the need of targeted settings. The combined power of microfluidics and smartphone technologies will be going to boost the market of point-of-care molecular testing. The US is recognized at the top country in the sector of Point-of-Care genetic testing market because of technological advancement, awareness among the population and high per capita income. In Europe, Germany is also recognized as the market player in this industry. Asia-Pacific is expected witness significant growth rate in the coming years due to increasing investment in cancer research, increasing awareness and funding by government to curb the prevalence of infectious diseases and active participation of corporates in the healthcare technologies.

Point-of-Care testing is defined as the clinical testing performed at or near the site where clinical care is being given to the patient. It can be performed by patients itself or any personnel. Consecutively, analyzing the DNA and finding out the best treatment option based on the genetic makeup of the patient constitute Point-of-Care genetic testing. This is a fast and quick technique based on personal genomics so to allow the efficient functioning of the drug. The idea behind this point-of-care genetic testing approach is to reduce the diagnosis time, inconvenience faced by patients and to follow personalized medicine approach for specific patient. Generally, all the diseases are combination of various genetic factors, and current genetic testing techniques require a lot of time in analyzing the problem. As a result, the use of Point-of Care genetic testing systems is prevalent in quickly diagnosing and guiding the doctors to head in a right direction.

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Point-of-Care Genetic testing involves amplification of genetic material and then real-time analysis to detect the genetic variations among people. The first point-of-care version of a real-time nucleic acid detection system is the Cepheid’s Xpert system, going to be launched this year. It combines fully integrated sample preparation for amplification and detection process. This system is designed to purify, concentrate, detect, and recognize targeted nucleic acid sequences delivering diagnosis using unprocessed samples approximately within 30 minutes.

Point-of-Care Genetic Testing Market: Drivers & Restraints

The point-of-care genetic testing technology possesses convenient and immediate action for a therapeutic condition. The growth is likely to continue with the aim of providing less costly and closer to patients care. The use of genetics has become prominent nowadays in almost every pediatric condition, and this technology overcomes the limitations and challenges of current molecular testing techniques. Pressure on healthcare budgets and the trend to patient-centered care might be perceived as problems confined to the developed world. Moreover, the increase in population and westernization in the developing countries like China and India links it with the increase in the healthcare problems. Due to poverty and lack of sources, Point-of-Care genetic testing technology has a major scope in these countries by providing diagnostics available at low prices and at patient’s bedside. There are some technological limitations like failure to detect abnormal results, standardization, technological expertise, algorithmic & software complications, higher cost of maintenance & repair, poor tests result in case of contaminated samples, and sample specificity in the use of point-of-care genetic testing systems. In addition, the high cost of Point-of-Care genetic test and limited reimbursement support is hindering the growth of point-of-care genetic testing market.

Point-of-Care Genetic Testing Market: Key Players

Cepheid, IQuum, Biocartis, Abbott, Idaho Technologies, ThermoFisher, Roche, Optigene, Lumora are some of the global key players in point-of-care genetic testing. In 2016, Biocartis Idylla’s distribution rights were also granted to Thermofisher in the US. The Idylla platform is a fully integrated system enabling laboratories to perform a broad range of applications in oncology and beyond. But in 2014, Iquum’s Liat Analyzers’ rights were acquired by Roche Molecular Diagnostics.

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Point-of-Care Genetic Testing Market: Segmentation

Segmentation by Product Type

  • POCT Cancer kits
  • Molecular POC kits
  • POCT in Antibiotic Therapies
  • Assay Cartridge

Segmentation by End User

  • Research Laboratory
  • Diagnostic labs
  • Bio-Pharmaceutical Industry
  • Academic Institutions

Segmentation by Application

  • Drug discovery and research
  • Treatment Analysis
  • Diagnosis

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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

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About Future Market Insights (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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