Market Research Blog – Page 10695 – New Product Development

Strapping Tapes Market Primarily Due to Huge Demand in Developing Economies

The strapping tapes market is projected to reach a valuation of US$ 33.4 Billion by 2032, likely to surge at a vigorous 4.4% CAGR from 2022 – 2032.

FMI, in its upcoming business report, elaborates the historical and current scenario of the global Strapping Tapes Market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

With 1000+ market research reports and 1 billion+ data points, Future Market Insights (FMI) serves each and every requirement of the clients operating in the global packaging industry. FMI deploys digital intelligence solutions to offer compelling insights to report buyers that help them in overcoming market challenges, especially at the time of a crisis. Our dedicated team of professionals performs an extensive survey for gathering accurate information associated with the market.

Crucial information and forecast statistics covered in the Strapping Tapes Market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

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COVID-19 Impact Analysis on Strapping Tapes Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Strapping Tapes Market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Strapping Tapes Market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Strapping Tapes Market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Strapping Tapes Market: Key players

Some of the key players in the global strapping tapes market are 3M, Global Packaging, Inc., Shurtape Technologies, LLC, TART, Müroll GmbH, Rapid Packaging Systems Ltd., Can-Do National Tape etc.

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 such as application, material, printing technology and geographies.

Strapping tapes: Market Segmentation

The global strapping tapes market is segmented on the basis end user, distribution channel, material type, adhesive type

Based on the end user the global strapping tapes market is segmented into:

Food & Beverages
Electronics
Furniture
Kitchen appliances
Automotive
Oil & gas
Others (Toys, Metal working etc.)

Based on the material type the global strapping tapes market is segmented into:

Polypropylene
Polyester
Polyethylene
Others

Based on the adhesive type the global strapping tapes market is segmented into:

Natural rubber
Synthetic rubber
Modified synthetic rubber

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

Important Questions Answered in the Strapping Tapes Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Strapping Tapes Market been expanding during the forecast period?
How will the global Strapping Tapes Market look like by the end of the forecast period?
What innovative strategies are adopted by Strapping Tapes Market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Strapping Tapes Market?

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Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Strapping Tapes Market

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Oxy-Fuel Welding Equipment Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

The global oxy-fuel welding equipment market is anticipated to have a moderate 6.4% CAGR, capturing a revenue share of US$ 1474.6 million in 2022, to reach US$ 2734.5 million by 2032.

The oxy-fuel welding process is a welding technique utilizing a compressed mixture of high energy density fuel and oxygen to generate a flame capable of elevating the temperature of the material to be welded. The three welding processes that fall under oxy-fuel welding are Oxyacetylene welding, Oxyhydrogen welding, Pressure gas welding and air acetylene welding. Among these four welding techniques, oxyacetylene welding is the most prominent technique adopted for the purpose of welding taking up more than 80% of the market share.

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The equipment that is used to propagate the welding technique can be broken down into simple components comprising gas cylinders, flow regulators, mixing chamber, conveyance tubes and nozzle. Manufacturers of such equipment in the current scenario are more focused on producing individual parts than the standalone systems owing to less cost and ease in assembling. The oxy-fuel welding process is widely preferred in application areas where the availability of electrical power is a constraint while the welding process can be done with or without the use of filler material.

Regional Outlook

The oxy-fuel welding equipment market can be related to the performance of the end use industry in each of the seven geographical locations across the globe. The North American market is anticipated to hold a healthy potential for the growth of the market owing to increase in fabrication and repair activities across the region especially in the U.S. The presence of large number of retailers and specialist sellers of oxy-fuel welding equipment is expected to aid in the growth of the market even further. The market in the Asia Pacific region also holds high potential to improve further in the future owing to large presence of small scale welding workshops that rely on cheaper welding options, particularly in China, ASEAN and India

Market Participants

Examples of some of the major players in the Global Oxy-fuel Welding Equipment market, identified across the value chain include:

Illinois Tool Works Inc.
Koike Aronson, Inc.
Colfax Corporation
The Eastwood Company
American Torch Tip Company
Quality Components Co. Inc.
Rexarc International, Inc.
Detroit Torch & Mfg. Co.
Flame Technologies, Inc.
Rotarex S.A.
Uniweld Products, Inc.
Tewelding Engineers

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

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Oxy-fuel Welding Equipment Market Dynamics

Though oxy-fuel welding technique has limited application in industrial scale operation, its utilization in repair and fabrication industry is the most prominent. Small scale repair shops run by a single or few welders typically adopt oxy-fuel welding technique due to lower investment costs and ability to weld large variety of materials has increased its popularity hence biding well for the growth of the oxy-fuel welding equipment market. Oxy-fuel welding technique is the least complex among all the welding techniques requiring minimum set up operation. This technique requires the assembly of simple devices such as fuel tank, torch, mixing chambers among others hence, in-depth know how of such techniques is not necessary making it practically useful for people who are new to welding. The non-requirement of electricity in order to initiate the welding process is another factor helping in driving the oxy-fuel welding equipment market even further.

The report covers an exhaustive analysis on:

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

Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Rest Of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

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.

Market: Segmentation

Oxy-fuel Welding Equipment Market can be segmented as follows;

By Process type, the market can be segmented as:

Oxyacetylene Welding
Oxyhydrogen Welding
Pressure Gas Welding
Others

By End-Use Industry, the market can be segmented as:

Energy & Utilities
Aerospace
Transportation
Metal Fabrication
Maintenance and Repair
Automotive
Others

Report Highlights:

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

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

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Molded Pulp Packaging Machines Market is Expected to Witness Immense Growth Prospects During the Forecast Period

The molded pulp packaging machines market is slated to expand at 3.4% CAGR between 2022 and 2032, surpassing US$ 797.1 Mn by 2032. The molded pulp packaging machines recycle the paper or cardboard into trays, clamshells, boxes, plates etc. and help in customizing the products according to the requirement.

Molded pulp machine ensures that the products are manufactured efficiently and are less expensive as compared to the other packaging solutions. Molded pulp is a sustainable packaging solution and is produced from recycled materials.

Molded pulp packaging machines are used by various industries such as food & beverage, electrical & electronics etc. as they can produce packaging products very cost-efficiently and helps in reducing the carbon footprints of the company. In addition, the rising concerns due to single-use plastic have also increased the demand for the molded pulp packaging machines.

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Key Takeaways from Molded Pulp Packaging Machines Market

In terms of application, the trays segment is estimated to grow at a CAGR of 4.2% CAGR over the forecast period.
South and East Asia are expected to have the highest growth in the global molded pulp packaging machines market through 2022 & beyond.
Based on machine type, the automatic machines segment is expected to witness fastest growth during the assessment period.
Sales of molded pulp packaging machines in food & beverage sector are expected to surge by 1.4x during the forecast period.

“Manufacturers are trying to increase their market share by developing advanced and automatic machines for the production of molded pulp applications owing to cater the increasing demand for sustainable and convenient packaging.” – says FMI analyst

Increased Initiatives to Reduce the Usage of Plastic Packaging to Boost Molded Pulp Packaging Machines Market

Governments across the globe has strengthened the rules owing to the increasing concerns about the environment. One of the key challenges the packaging industry faces is the harmful effects of single-use plastic.

The government and various other organisations across the globe have increased their efforts to reduce plastic as a packaging material. For instance, Ministry of Environment, Forest and Climate Change Government of India has kept a ban on manufacturing, importing and selling single-use plastic items.

Owing to such strict restrictions, manufacturers are opting for molded pulp packaging, as it is a sustainable packaging option. Thus, an increase in the demand for molded pulp packaging owing to rising environmental concerns is expected to increase the demand for molded pulp packaging machines.

Molded Pulp Packaging Machines Market Landscape

Huhtamaki Oyj, TRIDAS, Eurasia United Equipment Group Co., Ltd (EAMC), Brødrene Hartmann A/S and Beston Group Co. ltd. are the key players operating in the global molded pulp packaging machines market. Also, some of the noticeable players operating in the molded pulp packaging machines are Inmaco, PulPac, BeSure Technology Co.,Ltd., HGHY PULP MOLDING PACK CO., LTD, Southern Pulp Machinery (Pty) Ltd, ZH MOULDED PULP CO., LTD., Taiwan Pulp Molding Co., Ltd, Parason, Maspack Limited, SODALTECH, DKM Manufacturing, Inc., HCMP and others.

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Molded Pulp Packaging Machines Market Report

Future market insights, in its new report, offers an unbiased analysis of the global molded pulp packaging machines market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the molded pulp packaging machines based on the machine type (automatic, semi-automatic and manual), application (trays, cups, clamshells, boxes, plates and carriers), and end-use industry (food & beverage, healthcare, electrical & electronics, automotive, personal care & cosmetics and consumer durables) across seven regions.

About the Packaging Division at Future Market Insights

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

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Molded Pulp Packaging Machines Market by Category

By Machine Type:

Automatic
Semi-automatic
Manual

By Application:

Trays
Cups
Clamshells
Boxes
Plates
Carriers

By End-use Industry:

Food & Beverage
Healthcare
Electrical & Electronics
Automotive
Personal Care & Cosmetics
Consumer Durables

By Region:

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

Commercial Induction Cooktops Market 2022-2032 Research Covers,by Future Market Insights, Inc.

The Size Of Commercial Induction Cooktops Market is expected to be valued at US$ 17.5 Billion in 2032 and exhibit immense growth at a CAGR of 8.2% in the forecast period from 2022 to 2032. Increasing number of non-residential development projects across the globe is anticipated to drive the sales of commercial induction cooktops in future years. As per FMI, the global commercial induction cooktops market is likely to reach US$ 12.3 Billion in 2022.

Commercial Induction Cooktops Market: Introduction

Induction cooking is considered to be one of the most efficient technologies for cooking in both commercial and residential sectors. Commercial induction cooktops work on the principle of magnetic induction, in which the excitation of eddy currents is done in the presence of an oscillating magnetic field. The process is done in a ferromagnetic cookware and by the joules effect, these induced currents can generate and dissipate heat directly in the cooking vessel for cooking.

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As a result, there is lower heat loss due to inefficient thermal conduction between cookware and heating element. Size Of Commercial Induction Cooktops Market can transfer 90% of the consumed energy to food. In comparison, traditional electric systems offer only about 74% of thermal efficiency and gas offers only 40% thermal efficiency.

Furthermore, various configurations of commercial induction cooktops, such as single hob, double hob and multi hob commercial induction cooktops, are available in the market, catering to various requirements. Additionally, based on the type of installation, there are mainly three types of commercial induction cooktops available in the market: countertop, drop-in and floor-standing commercial induction cooktops. The configuration may differ according to the end users in the commercial sectors. The prime end users of commercial induction cooktops are restaurants, hotels, canteens, etc.

Commercial Induction Cooktops Market: Regional Outlook:

The Asia Pacific region is expected to be the most lucrative market for commercial induction cooktops owing to growing urbanization and increasing demand for new alternative for cooking processes. Emerging countries such as, China, India, Japan, etc., are projected to observe significant growth in the market of commercial induction cooktops due to growing number of restaurants and hotels. In Europe, the growing popularity of size of commercial induction cooktops market is projected to drive the market of commercial induction cooktops in the region.

The growing demand for multifunction cooktops from the commercial sector in North America anticipated to drive the size of commercial induction cooktops market in the region. Latin America and Middle East & Africa also expected to register decent growth in the commercial induction cooktops market.

Commercial Induction Cooktops Market: Market Participants:

Some of the market participants in the global commercial induction cooktops market are:

Panasonic Corporation
CookTek
The Vollrath Company, LLC
Garland Group
Elecpro
APW Wyatt
Equipex
True Induction
Globe Food Equipment Co.
Lincat Limited
Buffalo
Fisher & Paykel Appliances Limited
ELAG Products GmbH
Dipo Induction
Admiral Craft Equipment Corp.
Hatco Corporation
Spring USA

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Key Segments Profiled in the Commercial Induction Cooktops Industry Survey

By Number of Hobs:

Single Hob Commercial Induction Cooktops
Double Hob Commercial Induction Cooktops
Multi Hob Commercial Induction Cooktops

By Type of Installation:

Countertop Commercial Induction Cooktops
Drop-In Commercial Induction Cooktops
Floor-Standing Commercial Induction Cooktops

By End User:

Restaurants
Hotels
Canteens
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa

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Butchers Paper Market is Expected to Have Significant Growth in The Coming Years

The butchers paper market forecasted to registering 4.5% CAGR during the forecast period (2022-2032) and to reach US$ 390.3 Million by 2032.

Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Butchers Paper Market over the Assessment Period 2022-2032.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global butchers paper market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales butchers paper in the coming 10-years.

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The butchers paper market is expected to have significant growth in the coming years, creating an absolute $ opportunity of US$ 138.9 Mn by 2032.

Based on the material, the bleached segment is projected to lead the global butchers paper market during the forecast period. The reason behind this is superior quality and higher strength of bleached butchers paper. The bleached material segment is estimated to create an incremental opportunity of US$ 123.9 Mn during 2022-32.

The global butchers paper market witnessed a CAGR of 3.2% during the historic period with a market value of US$ 242.9 Mn in 2021. However, with widening application of butchers’ paper across various sectors, the overall market size is expected to grow at 4.5% CAGR through 2032.

Butchers paper is a type of paper primarily used for the purpose of wrapping meat and fish to protect them against airborne contaminants and flavor contamination. It is generally made from bleached and unbleached materials and finds application across various industries.

Over the years, rising need for keeping the juicy food products safe from being leaked has increased the usage of butchers’ paper and the trend is likely to continue during the assessment period. Butchers paper is being increasingly used during smoking of meat as it doesn’t trap moisture.

Similarly, the continuously growing end user sectors including restaurants, cafes, canteens, etc. is projected to drive the demand for butchers’ paper during the forecast period.

Key Butchers Paper Market Takeaways and Projections

The U.S. is expected to lead the North america butchers paper market, projecting the fastest growth in the region between 2022 and 2032
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of butchers paper market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global butchers paper market. Some of the prominent market players are WestRock CP LLC, Georgia-Pacific LLC., Danco Converting, Delta Paper, Oren International, Fulton International Idustry Limited, Reynolds Consumer Products, Novolex, COPAMEX, Papertec, Inc., Shamrock Paper Company, ALFINCART Ltd, Fleenor Paper Company, Brown Paper Goods

Butchers Paper Market by Category

By Material:

Bleached
Unbleached

By Weight:

35 to 65 GSM
66 to 95 GSM
96 to 105 GSM
105 to 120 GSM

By End Users:

Hotels & Restaurants
Cafes & Kiosks
Canteens
QSR

Sorting Equipment Market Report Perspective with Study of Leading Players 2032

The global sorting equipment market size totaled US$ 3.7 Bn in 2021 and is projected to create an incremental opportunity of US$ 7.5 Bn by the end of 2032. The demand for sorting equipment in the global market is estimated to surpass US$ 3.9 Bn by 2021, expanding at a CAGR of 5% to 6% during the forecast period 2022-2032.

Additionally, these devices automatically sort objects based on their structural characteristics, chemical makeup, weight, colour, size, and shape, among other factors. Industrial machinery known as sorting equipment is used to separate goods, organise them in an orderly fashion, and group them together. These tools are made to make sorting processes simpler and automatically separate items based on their structural characteristics, colour, weight, size, chemical composition, shape, and other characteristics.

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Additionally, there are numerous uses for sorting, including the organisation of books, consumer goods, and other items. Sorting equipment are considered to make things easier and the sorting equipment techniques can be digital sorting, optical sorting, magnet sorting, sensor sorting to name a few more.

Material handling involves movement, storage, control and protection of materials during their manufacturing, distribution, consumption, and disposal. There are different material handling systems and equipment uses in industrial plants such as sorting equipment. The process of sorting helps in several purposes such as component segregation, assembling and packing identical items by a section.

Market Participants

Examples of some of the market participants/vendors identified in the Sorting Equipment Market across the globe are: Sesotec, Tomra, Greefa, B uhler Sortex, BarcoVision, Satake USA, Key Technology, Meyer, Aweta, Daewon GSE, Raytec Vision, Concept Engineers, RTT Steinert, BT Wolfgang Bnder, TaiHo, MSS, Pellenc, CP Manufacturing, MSS, Inc.

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Sorting Equipment Market: Driver

Increase in demand for process automation in food industry is anticipated to fuel the demand for sorting equipment market. Moreover, in many industrial sectors (such as pharmaceutical and automotive) is of high importance. Sorting machine can be more cost efficient and operate quickly, while ensuring the quality of the product which is never compromised. Therefore, it will drive the demand for sorting equipment market.

Sorting Equipment Market: Restraint

The restraining factor of the sorting equipment market is the high cost of this equipment and their number of extra parts that increase the price of the equipment. Moreover the current installed base which has a reasonable shelf life will cause limited progress of the market where comparatively less number of new units is likely to be secured by end use customers. Also, slowdown of manufacturing industries in developed countries is another factor as a limits the demand for Sorting Equipment market

Sorting Equipment Market: Trend

Nowadays, optical sorting equipment are on high demand. These sorters are substituting manual sorting processes in the food industry owing to the shortage in the rising labor costs, and an enlarged demand from consumers who want high-quality systems. The rising labor costs are compelling several sectors to implement these systems to perform time-consuming and critical tasks.

The food industry is growing its focus on installing automation for increasing the productivity. From getting raw material to checking the finished products, these systems are being executed into the production lines to help in reviewing the production volumes. Moreover, these systems help in removing foreign defective & material products and help in achieving improved product quality and decreased operational costs, thereby driving the sorter equipment (optical) market demand.

Key Segments Profiled in the Sorting Equipment Market Survey

By Product Type:

Freefall Sorter
Channel Sorter
Automated Defect Removal (ADR)
Belt Sorters
Optical Sorter

By End Use:

Chemical Industry
Food Industry
Pharmaceutical Industry
Plastic Industry
Wood Industry
Agriculture Industry
Packaging Industry
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa

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Coffee Bags Market is Expected to Showcase Growth at a CAGR of 5.1% In The Forthcoming Years (2022-2032)

The global coffee bags market was valued at around US$ 561.1 Mn in 2021, registering y-o-y growth of 4.4% in the same year. Sales of coffee bags are projected to grow at 5.1% CAGR from 2022 to 2032 and reach US$ 585.6 Mn by 2022. A new forecast by FMI estimates that the coffee bags profit margin will nearly double between 2021 and 2031. The majority of demand for coffee bags is because of high consumption of coffee as a beverage among consumers.

FMI, in its upcoming business report, elaborates the historical and current scenario of the global Coffee Bags market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

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Crucial information and forecast statistics covered in the Coffee Bags market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Coffee Bags Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Coffee Bags market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Coffee Bags market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Coffee Bags market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Competitive Landscape

Global Players: –

Amcor Ltd.
Novolex Holdings Inc.
Sixto Packaging
Pacific Bag Inc.
Bemis Co. Inc.
Graham Packaging Co.
Sonoco Products Company
DS Smith PLC
Crown Holdings Inc.
Mondi PLC
Goglio S.p.A.

APAC Players: –

Dongguan Min Lee Packaging Materials Co. Ltd.
Shenzhen Packmate Packaging Co. Ltd.
Color Hoyo Paper and Plastic Products Co. Ltd.
Qingdao Dejili Packaging Material Co. Ltd.
Dongguan Jmei Packaging Co. Ltd.

Key Segments of Coffee Bag Market Covered in the Report

By Material Type:

Plastic
Paper
Metal
Others

By Product:

Side Gusseted Bag
Block Bottom Bag
Flat Bottom Bag
Others

By Capacity:

Up to 100 gm
101-250 gm
251-500 gm
More than 501 gm

By Region:

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

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Important Questions Answered in the Coffee Bags Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Coffee Bags market been expanding during the forecast period?
How will the global Coffee Bags market look like by the end of the forecast period?
What innovative strategies are adopted by Coffee Bags market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Coffee Bags market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Coffee Bags market

Compositing Equipment Market Current Trends And Future Growth Estimations Outlook To 2032

The global composting equipment market is anticipated to be valued at US$ 120.0 Million in 2022, forecast to grow at a CAGR of 3.4% to be valued at US$ 168.1 Million from 2022 to 2032. Growth is attributed to the changing the lifestyle of consumers.

Composting equipment is used to create fertiliser and rich soil conditioner (humus) from organic materials such as animal waste, municipal sludge, animal carcasses, and food by-products. Organic composting equipment makes use of organic materials that are placed in an environment with adequate amounts of oxygen, nitrogen, and water.

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Composting equipment of various types is used to create compost for plant nutrition and commercial purposes. Composting equipment is designed and built to meet industry standards. Due to their fast processing and small size, a variety of small-scale composting equipment can be used for a variety of applications such as golf courses, universities, hospitals, restaurants, shopping malls, and so on.

One of the major factors expected to accelerate the growth of the composting equipment market during the forecast period is the growing agriculture sector as a result of government investment in developing countries such as China, India, and Brazil. Other macroeconomic factors driving the composting equipment market globally include emerging economies such as Brazil, China, and India, rising employment rates, and changing consumer lifestyles.

Moreover, the global composting equipment market is also driven by rapidly growing manufacturing industry, owing to a high demand of composting equipment across the globe. In addition, significant demand for the composting equipment for residential purpose is also one of the major driving factors which help to grow the composting equipment market across.

Other factors expected to boost the composting equipment market during the analysis period include rapidly rising industrialization around the world, high demand for composting equipment for industrial applications such as high fibre composting, tunnel composting, and so on.

Market Player

Some of the key participants present in the global Composting Equipment market:

Midwest Biosystems, Inc.
Compost Systems
Kollvik Advanced Composting Solutions
Green Mountain Technologies
BDP Industries

There are many prominent market players in the composting equipment market, who are working hand-in-hand to provide the best-in-class Composting Equipment for enhancing the global composting arena. However, there are many global start-ups in the composting equipment market, who are stepping forward in matching the requirements of the composting equipment domain.

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Key Segments Profiled in the Composting Equipment Industry Survey

Composting Equipment Market by End Use:

Commercial/Residential (Small- Scale) Composting
- Composting Toilet
- German Mound
- Ecuador Composting Method
- Sheet Composting
- Vermicomposting
- Container Composting
- Trench Composting
- Hot Container Composting
Industrial (Large Scale) Composting Equipment
- Aerated Static Pile Composting
- Windrow Composting
- In-vessel Composting
- Mechanical & Biological Treatment
- High Fiber Composting
- Tunnel Composting
- Vermicomposting

Composting Equipment Market by Product Type:

Compost Containers
Compost Turners
Compost Bins
Compost Tumblers

Composting Equipment Market by Region:

North America Composting Equipment Market
Latin America Composting Equipment Market
Europe Composting Equipment Market
Asia Pacific Composting Equipment Market
Middle East & Africa Composting Equipment Market

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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.

Mooring Compensators Market – Outlook On Emerging Application, Revolutionary Trends & Potential Growth Strategies 2032

The global mooring compensators market is forecasted to be valued at US$ 2439.0 million by 2032, up from US$ 1780.0 million in 2022, advancing at a CAGR of 3.2% during the forecast period.

The mooring compensator market is growing at a faster pace with substantial growth rates over the past few years. Previously ropes were used for mooring the boats, they are bendable longitudinal elements that can be used as mooring compensators. The demand for mooring compensators is increasing as it is best suitable for the purpose and can effectively compensate for the stormy shocks caused by waves.

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The rising popularity of recreational activities among the general public, as well as the increasing sales of boats, are the primary factors driving the demand for mooring compensators.

Mooring compensators have been identified as the most important accessory for mooring lines. They are made of high-quality ethylene propylene diene monomer rubber, which boosts mooring compensator sales by providing excellent strength as well as weather and saltwater resistance.

Furthermore, its simplified types of threaded onto a rope and not threaded on a rope make the application of mooring compensators simple, and are widely used by boaters in the industry.

As per the National Marine Manufacturers Associations (NMMA), sales of powerboats reached more than 250,000 in 2016. Furthermore, new product development and rising demand from young boaters are assisting the industry growth for mooring compensators, expanding the market size for mooring compensators.

Moreover, the EPDM rubber with unique plastic locks maintains resiliency despite stresses and strains, no squeaking, and no wear and tear. Therefore, owing to these physical properties, mooring compensators are gaining traction in the market and pushing the demand for mooring compensators in the global market.

Key Players:

Unimer Marine
Trelleborg Group
PLASTIMO
Anchor Marine
Chain Ropes and Anchors
Boat Accessories Australia
Excel Controlinkage Pvt. Ltd.

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Key Segments in the Mooring Compensators Market

By Material:

Rubber-baseded
Polyurethane based

By Product Type:

U-Cleat Mooring Compensator
Smart Snubber Mooring Compensator
Inline Mooring Compensator
Classic Mooring Compensator
Others

By Mooring Type:

Catenary
Taut
Semi Taut
Spread
Single Point
Dynamic Positioning

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Bag-In-Box Filler Market as These Machines Are Widely Used to Store the Wine for a Longer Duration

The bag-in-box filler market reached a valuation of US$ 154.6 Mn in 2022 and expected to reach US$ 261.6 Mn in 2032, at a 5.4% CAGR.

A detailed study on bag-in-box filler market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global bag-in-box filler market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales bag-in-box filler in the coming 10-years

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Furthermore, with rising demand for bag-in-box fillers across industries like food and beverage and chemical, then overall sales of bag-in-box fillers are slated to rise at 5.4% CAGR between 2022 and 2032, totaling a valuation of US$ 261.6 Mn by 2032.

Emerging trends reveal that bag-in-box filler market revenues will create an incremental opportunity of US$ 114.9 Mn during 2022-2032. The reason behind this growth is the expanding food and beverages sector along with a high preference for innovation and technology for various end use items which can serve an individual.

The global demand for bag-in-box fillers is projected to grow at a steady CAGR of 5.4% between 2022 and 2032, in comparison to 4.7% registered from 2015 to 2021. Rising popularity of bag-in-box packaging, growing penetration of automation, and increasing production and consumption of products like beverages, chemicals, and homecare items are driving growth in the global bag-in-box filler market.

Pasteurized products packaged in a bag-in-box format are storage stable and do not require refrigeration. The low carbon footprint and long shelf life of bag-in-box sterile packaging machines provide more sustainable packaging options for a variety of industries, including food & beverages and household items.

Key Bag-in-Box Filler Market Takeaways and Projections

The U.S. is expected to lead the North america bag-in-box filler market, projecting the fastest growth in the region between 2022 and 2032
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of bag-in-box filler market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global bag-in-box filler market. Some of the prominent market players are A TriMas Company, Linapack, TORR Industries, Smurfit Kappa, Frain Industries, Flexifill Ltd, Machinery Automation, Xi’an Shibo fluid technology co., Ltd, Yantai Fushan Nanhua Packing Factory, Calmus Machinery, RECOPAK, SHRIJETA GLOBAL, Amcor plc, Scholle IPN, Optopack Ltd., Aran Group, DS Smith, Liquibox, ProFruit Machinery™, SACMI Imola.

Bag-In-Box Filler Market by Category

By Automation:

Automatic
Semi-automatic

By Filling Technology:

Aseptic Filling
Non-aseptic Filling

By End Use:

Food
Beverages
Chemicals
Homecare