Market Research Blog – Page 10974 – New Product Development

Silage Tube Market is anticipated to be valued at US$ 8.09 Billion by 2032

The silage tube market is anticipated to record a CAGR of 15% during the forecast period, up from US$ 2 Bn in 2022 to reach a valuation of US$ 8.09 Bn by 2032.

Sales of silage tubes are expected to rise as silage tubes are frequently used in agriculture to protect feed from harmful pests and environmental conditions. Demand for silage tube is rising as it works well on a wide variety of grains and crops, including moisture-containing grains, dried grains, dry fodder, and others.

In addition to this, demand for silage tubes is rising owing to an increase in the need for innovative packaging. The sales of silage tubes are also increased due to the increased customer preference for specialized packaging of items that is both cost-effective and appealing to the consumer.

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COVID-19 Impact Analysis on Silage Tube Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Silage Tube 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 Silage Tube 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 Silage Tube 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.

Major Propositions of the Report

Drivers and Prospects: A thorough examination of the elements that will spur growth and the opportunities for market participants in various regional marketplaces
Forecasts and recent trends: detailed analysis of current trends, technology advancements, and predictions for the next five to ten years.
Divisional Analysis: Detailed examination of each segment and the variables that distinguish the contributions of these categories to market revenue projections and growth rate analysis
Forecast for the local market: thorough examination of each regional market to provide stakeholders the knowledge they need to make important decisions
Competitive Environment: comprehensive information on the market’s top and up-and-coming competitors for silage tubes

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How Strong is the Competition in the Silage Tube Market?

The key players in the silage bags market are

Silo Bags India (India),
Flex Pack (Holland),
RKW groups (Germany),
Silo Bags International limited (China),
Silo bag grain (Australia),
Grain Bags Canada (Canada),
The Panama Group (India),
Ipesa – Rio Chico S.A. (Argentina), etc.

Recent Developments in Silage Tube Market

Donaghys debuted SEVEN-7, a silage wrap with three times the mechanical resistance to impact and perforations, in New Zealand through its silage tubes in September 2016.
BASF introduced Lupro-Cid® NA, a low-irritant and low-corrosive organic acid composed of buffered formic acid and propionic acid.

What are the Key Drivers to the Silage Tube Market Share?

Sales of silage tubes are effectively rising while making their way in the agricultural industry as it ensures the protection of fodder and silage against adverse climatic conditions.

Acceptance of silage tubes among farmers all across the globe is expected to drive the demand for silage tube and the growth of the global silage tube market share during the forecast period. Also, the silage tube can be sealable so that once the required quantity of fodder is taken, the bag can be sealed again. Sealing also allows the preservation of humidity at the desired level, which is one of the primary factors driving the sales of silage tubes.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Material Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Impact of Covid-19

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

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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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By 2032, the Inner Bulk Liners Market is anticipated to develop at a 5.2% CAGR and reach US$ 3,645.9 Million

The market for inner bulk liners is anticipated to be worth US$ 2,196.1 million in 2022 and US$ 3,645.9 million in 2032. During the forecast period of 2022–2032, the market is anticipated to grow at a CAGR of 5.2%.

Large multilayer bags, corrugated boxes, multilayer paper bags, and woven sacks all use inner bulk liners. The inner bulk liners are completely leak-free and are well-sealed. Inner bulk liners offer a reliable defence against external contaminants, insects, and other pests. Inner bulk liners can help producers keep their food and beverage products pleasant and fresh for a very long time. These are the main forces that are driving this market.

Inner Bulk Liners Market: Market Dynamics

The demand for customized packaging solutions across the globe is fueling the growth of inner bulk liners market. The liberalization of foreign trade policies of several closed economies coupled with the increasing import and export of FMCG & FMCD products (fast-moving consumer goods and fast-moving consumer durables), is also a contributing factor for the growing demand of inner bulk liners.

The emergence along with the boom of mushrooming e-commerce startups around the globe require safe and fast logistic services. Inner bulk lines ensure the safety of the products in fast moving vehicles and also during loading & unloading of the goods; thereby accelerating the market growth. The superior humid control of the inner bulk liners makes it ideal for water transport of goods and thus contributes to the market growth.

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Inner Bulk Liners Market: Segmentation Overview

The liquid bulk container liner is used to protect liquid products during their storage and transportation in sea containers. Liquid inner bulk liners are suitable for a broad range of liquid products whether they are food or non-food liquid products. Liquid food products include alcohol, concentrates, fruit juices, mineral water, vegetable oils, and wines, etc. Non-food liquid items include crude oils, detergents, emulsions, lubricants, natural latex and printing inks etc.

The dry bulk liners act as contamination free and sterile barrier between the product and the interior of the container. Dry bulk liners ensure a comfortable and safe environment for storage as well as transportation of a variety of goods. Products include chemical, food-grade, non-food-grade, industrial, pharmaceutical and mineral products.

What are the Major Factors Boosting the Inner Bulk Liners Market?

The global demand for customized packaging solutions is propelling the expansion of the inner bulk liners market. The liberalization of numerous closed economies’ international trade laws, together with increased exports and imports of FMCG & FMCD products (fast-moving consumer goods and fast-moving consumer durables), is also contributing to the rapid expansion of the inner bulk liners market.

The proliferation of e-commerce firms around the world necessitates safe and timely logistic services. Inner bulk lines improve product safety in fast-moving vehicles as well as during loading and unloading of goods, increasing market growth. Because of the greater humidity management of the inner bulk liners, it is suitable for water transport of commodities and thereby contributes to global market growth.

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Market Competition

The leading competitors in the global intermediate bulk container (IBC) liners market are now focused on strategies such as product innovations, mergers and acquisitions, new advancements, collaborations, joint ventures, and partnerships to strengthen their market position.

The key players of this market include Tufbag, Marsol Group, Bulk-Flow, Thrace Group, Vishakha PolyFab Pvt. Ltd.

In September 2020, Amcor PLC collaborated with Swiss food giant Nestle to launch a breakthrough packaging solution in the recyclable packaging domain. The product in question is a recyclable retort pouch for cat food, expected to accrue an improvement of nearly 60% of the environmental footprint in consumer packaging.
In July 2020, CDF Corporation received a UN recertification for its fiberboard box with a plastic bag combination package, providing the highest levels of protection for transporting hazardous products requiring class II and III packaging. The packaging box underwent four rigorous performance tests, including drop, stacking vibration and Cobb water absorption.

Key Companies Profiled

Tufbag
Marsol Group
Bulk-Flow
Thrace Group
Vishakha PolyFab Pvt. Ltd.

Key Segments Profiled in the Retort Pouches Market Survey

By Product Type:

Stand-up Pouches
Spouted Pouches
Zipper Pouches
Others

By Material Type:

Polyethylene terephthalate (PET)
Polyester
Polypropylene
Food-Grade Cast Polypropylene
Nylon
Other

By End Use:

Food
Pet food
Baby food
Sea food
Ready-to-eat meals
Soups & Sauces
Others

By Application:

Beverages
Pharmaceutical
Personal care

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Corrugated Pharmaceutical Packaging Market is set to witness rapid growth during 2022-2031

According to the study, the corrugated pharmaceutical packaging market is set to witness rapid growth during 2021-2031. Increasing permeation of retail, as well as e-pharmacy, is resulting in enhanced market penetration of corrugated pharmaceutical packaging.

What is Driving Demand for Corrugated Pharmaceutical Packaging?

The rising prevalence of non-communicable and chronic diseases has established a strong demand for corrugated pharmaceutical packaging in the global market. As urbanization leads to affects the lifestyle of the population, several long term diseases are leading to a rise in demand for pharmaceuticals which is increasing in demand for corrugated pharmaceutical packaging owing to the rise in trade activities of these essential commodities.

Raising health consciousness among global population has led to growth in self-prescription behavior that has steered a proliferated demand for over-the-counter drugs and dietary supplements, owing to which trade activities of these pharmaceutical products are on the rise more than ever. This rise in demand is causing a considerable growth in demand for corrugated pharmaceutical packaging as a domino effect.

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Easily Customizable Sizes Makes Corrugated Pharmaceutical Packaging Preferable

Customizable size of the packaging to small, medium, and large is one of the features of corrugated pharmaceutical packaging that has increased its demand across the global market. Rising demand for generics, and dietary supplements across the online retail platform in developed as well as emerging economies, the growth rate is further complemented. Based on the type of corrugated pharmaceutical packaging, rigid boxes are anticipated to hold a large market share in the forecast period.

Eco-friendly packaging solution has been the aim for the government of many countries across the globe. This aim combined with the initiatives with CPA (The Corrugated Packaging Alliance) aims to achieve and promote eco-friendly packaging solutions for pharmaceuticals for further growth of the market.

End users in the pharmaceutical industry also prefer corrugated pharmaceutical packaging as many researchers state that this packaging considerably reduces the growth of microbes and hence reduces risk related to contamination, maintaining the safety of the drug.

North America and Europe Corrugated Pharmaceutical Packaging Market Outlook

North America and Europe together secure a dominating share in the global corrugated pharmaceutical packaging market. As government bodies in the region strengthen the healthcare facilities, insurance, and infrastructure, it will further expand the demand for corrugated pharmaceutical packaging.

As pharmaceutical products need highly customized packaging solutions that are bounded by stringent regulations, corrugated pharmaceutical packaging has many lucrative opportunities that will enhance its demand in the global market. Owing to this reason, manufacturers are closely working with the R&D team to maintain hygiene, safety, and other precautionary compliance.

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India is one of the largest exporters of generic pharmaceuticals in the global market and this is one of the largest consumers of corrugated pharmaceutical packaging. The country has a large number of manufacturers of corrugated pharmaceutical packaging located nearby the important ports across the western and eastern coast for maximum penetration and lucrative opportunities owing to the location.

Manufacturers in the region are striving to establish a partnership with prime exporting pharmaceutical manufacturers to provide customized corrugated pharmaceutical packaging.

Who are the Key Manufacturers and Suppliers of Corrugated Pharmaceutical Packaging?

Some of the leading manufacturers and suppliers of Corrugated Pharmaceutical Packaging market are

Europac Group
Archis Packaging Pvt. Ltd
Mondi Group
International Paper
Smurfit Kappa Group
DS Smith
WestRock
Orora Packaging Australia Pty Ltd
Georgia-Pacific LLC
Packaging Corporation of America
Others.

The global corrugated pharmaceutical packaging market is fragmented and highly competitive with numerous players. Players are adopting several strategies that would help them to enhance market presence and penetration like product development, investments, acquisitions, and agreements with key pioneers in the local market.

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.

Key Segments

By Type:

Rigid Boxes
Self-Erecting Boxes
Telescope Boxes
Slotted Boxes
Others

By Wall Construction:

Single-Wall
Double-Wall
Triple-Wall

By Material:

Linerboard
Medium
Others

By End Use:

Pharma Manufacturing
Contract Packaging
Retail Pharmacy
Institutional Pharmacy

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

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Automotive Key Blanks Market Key Opportunity, Analysis, Growth, Trends 2032

Global Automotive Key Blanks demand is anticipated to be valued at US$ 5.3 Billion in 2022, forecast to grow at a CAGR of 5.2% to be valued at US$ 8.8 Billion from 2022 to 2032.

Key blanks are keys that have not been shaped into a particular look or bit. Automotive key blanks, as the name implies, are key blanks that are specifically used in automobiles. Due to the required properties, automotive key blanks are more commonly made of brass and nickel silver material.

Automotive key blanks are typically imprinted with the logos of automotive brands such as Honda, Suzuki, BMW, Audi, and Hyundai, among others. One of the primary factors driving global demand for automotive key blanks is the rapidly expanding automotive industry. This, in turn, is expected to have a significant impact on the global automotive key blanks market.

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Which are Some Prominent Drivers Spearheading Automotive Key Blanks Market Growth?

The automotive key blanks market is inextricably linked to vehicle production and sales. The rise in automotive production will have a direct impact on OEM sales in the automotive key blanks market. Similarly, rising automotive sales and, as a result, rising on-road vehicle fleets are expected to contribute significantly to the global automotive key blanks aftermarket sales channel. The replacement rate of automotive key blanks is quite appealing due to general mishandling of vehicle keys by customers.

This, in turn, may have a positive impact on the aftermarket sales channel, which will contribute to the global automotive key blanks market during the forecast period. The growing demand for central locking systems, also known as power door locks or electric door locks is driving up the demand for plastic or metal head automotive key blanks. This is a continuing trend that is gaining traction in the global automotive key blanks market.

What are the Challenges Faced by the Automotive Key Blanks Industry?

One of the major factors restraining the growth of the global automotive key blanks market during the forecast period is the increasing demand for and sales of push button type ignition switch systems, which do not require key blanks.

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Why is Asia-Pacific emerging as an Opportunistic Automotive Key Blanks Market?

Asia Pacific is expected to be a prominent market for automotive key blanks sales during the forecast period owing to rapid industrialization in this region. The region is forecast to surge at over at a significant CAGR from 2022 to 2032.

Increasing the purchasing power of future middle-class populations. Furthermore, the growing global population, particularly the working population, will create new opportunities for the global automotive industry as well as the automotive key blanks market over the forecast period. The economies of China and Japan are expected to dominate the global automotive key blanks market in the current market scenario due to large scale automotive production and sales.

How is Europe Contributing to Growth of the Automotive Key Blanks Market?

According to Future Market Insights, The market in Europe is expected to grow significantly due to several macroeconomic factors such as the automotive industry’s strong outlook, growth in electric vehicle production, IOT in the automotive industry, and consumer interest in new products.

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Market Competition

Some of the key participants present in the global Automotive Key Blanks market include Kaba Ilco Corp., Goto Manufacturing Co. Ltd., Jet Hardware Manufacturing, Brockhage Corporation, Hudson Lock and Altuna Group USA Inc. among others.

Attributed to the presence of such high number of participants, the market is highly competitive.

Key Segments Profiled in the Automotive Key Blanks Industry Survey

Product Type:

Plastic and Metal Head Automotive Key Blanks
Transponder Technology Automotive Key Blanks

Material Type:

Brass Automotive Key Blanks
Nickel Automotive Key Blanks
Others Automotive Key Blanks

Vehicle Type:

Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle

Sales Channel:

OEM
Aftermarket

Region:

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

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About Future Market Insights (FMI)

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.

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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Injection Moulding Cosmetic Packaging Market is set to witness a CAGR of 4.0% during 2022-2031

Injection moulding is one of the plastic moulding techniques. This technology is used to make a variety of shipping containers, industrial packaging, cosmetic items, household chemicals, and many sorts of closures, such as PET bottles or perfumes. Injection moulding cosmetic packaging market is set to witness a CAGR of 4.0% during 2021-2031.

What is Driving Demand for Injection Moulding Cosmetic Packaging?

Cosmetics are quite valuable, but they are also very perishable. It’s important to note that the preservation of a packed product is dependent on the features of the packing material as well as suitable packaging, transport, storage, and distribution conditions.

Sustainably produced raw materials are being introduced into the cosmetics industry not only as cosmetic ingredients but also as packaging materials. The market is expanding due to a rise in cosmetic product use. As the demand for eco-friendly cosmetic packaging grows, customers anticipate sustainable packaging in cosmetics items.

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Furthermore, the market is being driven by an increased focus on innovation and appealing packaging. Cosmetic firms are using novel packaging solutions such as recyclable plastic and compostable and biodegradable plastics in response to rising consumer demand for practical and user-friendly dispensing systems and products.

Trends in Injection Moulding Cosmetic Packaging Likely to Augment Sales

To fulfill diverse packaging needs, cosmetic packaging comprises a range of glass and plastic cosmetic jars. The demand for skincare product packaging is increasing as there are a variety of packaging solutions for cosmetic products to fit diverse product forms and compositions.

Furthermore, injection moulding cosmetic packing sales are also being driven by technological advancements such as airless skincare packaging and 3-D printing technologies. Advanced and prominent printing methods, such as hot-stamp foil printing and flexo-offset printing, are allowing manufacturers to create unique and eye-catching skincare packaging for their cosmetic brands, which is driving the injection moulding cosmetic packing market forward.

Impact of Covid- 19 on Injection Moulding Cosmetic Packaging Market

The COVID-19 pandemic had a significant impact on the cosmetics industry. The pandemic had a significant influence on a number of businesses. For a period of time, the outbreak caused industrial operations to be disrupted. Economic shocks had a considerably higher influence on beauty brands than other economic shocks or recessions. Changes in consumer purchase patterns, less discretionary spending, shop closures, and other demand and supply side variables all had a negative impact on beauty retail sales in the market.

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Europe Demand Outlook for Injection Moulding Cosmetic Packaging

Some of the important factors driving market expansion in the region are the increasing usage of innovative technology for cosmetic packaging and the growing trends of skincare and beauty goods. In recent years, the European cosmetics market has been one of the fastest-growing sectors, owing to an increasingly engaged customer base.

The selling of luxury cosmetic packaging increased significantly in the European market. As a result, Cosmetics packaging manufacturers in the region are continuously investing in the creation of sustainable caps and closures, which will aid the entire industry’s long-term success.

Who are the Key Manufacturers and Suppliers of Injection Moulding Cosmetic Packaging?

Some of the leading manufacturers and suppliers of injection moulding cosmetic packing include

Dongguan Sincere Tech Co. Ltd
HCP
Politech
Baralan
Dejin plastic packaging
LIBO Cosmetics Co. Ltd
The Penthouse Group
Berry Global Inc., Axilone, Taizhou Eura Mould & Plastic Co. Ltd.
Others.

Key Segments

By Product Type:

Cosmetic Packaging Caps
Plastic Compact Molding
Others

By Material Type:

Plastic
Glass
Others

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

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Pigment Hot Stamping Foil Market is expected to witness significant growth during the forecasted year 2022-2031

According to the latest research done by Future Market Insights, pigment hot stamping foil market is expected to witness significant growth during the forecasted year 2021-2031. The key players in the pigment hot stamping foil market offer premium quality products that are made with top quality materials.

What is driving demand for Pigment Hot Stamping Foil Market?

The excellent quality of pigment hot stamping foil is one of the key reasons behind its growing demand in the market. There are several high-quality pigment hot stamping foil available in the market which has several specialities such as excellent finish which is helping them to dominate the market. The availability of a wide range of colours is also helping pigment hot stamping foil to dominate the foil market.

In addition to this, Pigment hot stamping foil offers several same advantages which metallic hot stamping foil offers over liquid coatings and metallic inks for the application of colour. Due to such advantages and low-cost pigment hot stamping foil is preferred by the consumers over other alternatives.

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The US and Canada Pigment Hot Stamping Foil Market

The Us and Canada pigment hot stamping foil market is expected to propel growth in the forecasted period 2021 and 2031 and one of the key reasons behind the growth of pigment hot stamping foil in the US and Canada region is its end-use in several industries.

Pigment hot stamping foil is widely used in several industries such as food & beverage, cosmetics & personal care, automotive, gift toy stationary and several other industries. Thus with the growth of these industries pigment hot stamping foil market is also expected to show growth.

In addition to this, when pigment hot stamping foil is applied with heat and pressure, the curves of the substrate are flattened out, resulting in a smooth surface in the printed area. Thus even on rough, and textured surfaces, clean, high-quality text and graphics can be achieved.

Another significant advantage of foil is the easy and clean application method. Machines tend to be relatively low cost and easy to operate since there are fewer process variables, and there are no process chemicals to worry about, which has health, safety, and environmental consequences.

Europe Demand Outlook for Pigment Hot Stamping Foil Market

From the past few years, Europe has become one of the significant markets for pigment hot stamping foil and it is expected to show significant growth in the forecasted period 2021-2031.

As the packaging of the product plays a significant role in the product buying decision of a consumer. Several players in the industry are focusing on their packaging. Thus pigment hot stamping foil is preferred by the product manufacturers to improve the packaging aesthetics and attracts more consumer base. Hence, the growing preference for pigment hot stamping foil for packaging is expected to propel growth to the pigment hot stamping foil market in the European region.

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Who are the Key Manufacturers and Suppliers of Pigment Hot Stamping Foil?

Some of the leading manufacturers of pigment hot stamping foil are

K Laser
Nakai Industrial Co., Ltd
Katani
Crown Roll Leaf, Inc.
Foilco Limited
CFC International
Infinity Foils Incorporated
Foil Stamp Solutions
Kolon Corporation
Univacoo Foils
OIKE & Co., Ltd
Others.

These are the key players driving market demand for Pigment Hot Stamping Foil and they are investing in adopting advanced technology to manufacture pigment hot stamping foil.

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 an 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.

Key Segments

By Product Type:

Matte Pigment Hot Stamping Foil
Gloss Pigment Hot Stamping Foil

By Carrier Film:

Paper
Cellulose Acetate
Polyester
Polypropylene
PET
Polythene

By Material Type:

Polyethylene
Polypropylene
Polyethylene Terephthalate
Polyvinyl Chloride
Polystyrene
Aluminium
Others

By End-Use:

Food & Beverage
Cosmetics & Personal Care
Textile
Healthcare
Consumer Goods
Electronics & Electricals
Automotive
Gift, Toys, & Stationery
Publication & Commercial
Others

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East

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Mobile Encryption Market Present Scenario and Growth Prospects 2031 – Report by FMI

The mobile encryption market is expected to reach US$ 8.5 Bn by 2031, at a significant growth rate of 25% during the forecast period 2021-2031. Growing concerns regarding data security and privacy issues, and the need for stringent compliance and regulatory requirements, is expected to propel demand from for mobile encryption, over the coming years.

Proliferation of smartphones and tablets across enterprises, increased usage of mobile technology, and rising availability of cost-effective mobile encryption solution along with technological advancements, are factors fueling the solution demand.

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What is Driving Demand for Mobile Encryption?

Growth in developments of cloud-based storage across various enterprises to protect valuable electronic data, including personal contacts, credit card numbers, and bank passwords, are such major factors fueling demand for mobile encryption solution across regions. Significant growth in the mobile encryption is expected to lead to greater opportunities for the integration of mobile devices to enhance cloud security solutions.

Growth in digitalization and growing usage of internet, along with rising BYOD trend are some of the major factors fueling demand for mobile encryption among enterprises. The increasing mobile encryption used in aerospace and defense application to enhance the system security is creating new growth opportunities for sales of the mobile encryption solutions.

Thus, to prevent, detect, securing, and responding to crime-prevention activities and managing traffic, an increase in the adoption of mobile encryption solutions has been witnessed by end-users of different verticals across the globe.

What is the impact of COVID-19 Pandemic Outbreak on Sales of Mobile Encryption?

The COVID-19 pandemic outbreak has disrupted many industries, including the mobile encryption market. As the stage of COVID-19 evolves across the world, technological developments have taken initiatives to stop the spread of COVID-19 disease.

Further, lockdown and restrictions have augmented the usage of mobile technology quite higher than usual. The mobile encryption solution sales is estimated to grow by 1.8X from 2020-2021 and would see a surge in demand amid the COVID-19 outbreak, as the growing need for interoperability between security devices becomes the new norm.

US and Canada Mobile Encryption Market Outlook

US is one of the largest markets for mobile encryption globally. Demand for mobile encryption in US and Canada will be led by IT and telecom sector. Furthermore, the growing trend of mobile shopping, e-banking and online retailing is accelerating the demand for mobiles across the North America, which is, in turn, fueling the growth of the mobile encryption.

Moreover, growing emphasis on regulating the U.S. government regarding data integrity and protection is also estimated to drive the mobile encryption solutions in the U.S. The mobile encryption solution providers are focused on R&D and product innovation to introduce innovative security solutions to expand their customer base.

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Europe Demand Outlook for Mobile Encryption

The adoption of mobile communication technology is expected to rise significantly across in small and medium size businesses in countries across Europe. Moreover, mobile encryption solution offered in the European market are integrated with AI and cloud computing technology, enabling organizations get actionable insights and thereby focus on reducing organizational BYOD risks.

Some of the key players such as Adeya SA, Sophos Ltd., T-Systems International GmbH, and among others are focused on securing and offering advanced solutions has the potential to enhance customer experience through speed and convenience in European countries. Europe is identified as the second-leading market in mobile encryption, a position it is likely to hold on to, throughout the forecast period.

Who are the Key Providers of Mobile Encryption?

Some of the leading providers of mobile encryption include

Adeya SA
Becrypt, Ltd.
CSG, Inc.
Dell Technologies, Inc.
DataMotion, Inc.
Hewlett Packard Enterprise
IBM Corporation
Huawei Technologies Co. Ltd.

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Key Segments of Mobile Encryption Market

By Component:

Mobile Encryption Solution
Services

By Enterprises Size:

Small and Medium Enterprises (SMEs)
Large enterprises

By End-use Industry:

Banking, Financial Services, and Insurance (BFSI)
Aerospace & Defense
Healthcare
IT and Telecommunications
Retail
Others

By Region:

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

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Sales of PET release liner are estimated to grow at a Compound Annual Growth Rate (CAGR) of 4% by 2031

The global sales/shipment of PET release liner are estimated to grow at a Compound Annual Growth Rate (CAGR) of 4% for 2021-2031.

Asia Pacific is predicted to be the largest market in terms of value and volume and will witness the fastest growth over the forecast period, owing to increase in industrial, medical, and packaging applications. China is estimated to become the largest manufacturer of PET release liner in the region.

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PET Release Liner the Solution for Labelling Beverages

PET release liner is suitable for wet applications such as beverages. Beer cans, for instance, are often extremely wet by the time they reach the labelling process, thus the enhanced durability is a significant benefit for any unfavourable situation.

Further, an advantage of using PET release liner over paper liners is that they do not break as easily. Because of their robustness, PET release liner is an excellent choice for high-speed applicators. The above factors will drive the demand for PET release liner in the market.

Drive for Increased Productivity and Cost Reduction to Propel Demand

PET release liner is 60% thinner than most conventional release liners, resulting in lower waste, reduced inventory expenses, material reduction, and low shipping costs.

Enhanced line speeds, the elimination of web breaks during printing and dispensing, and increased packaging all contribute to increased productivity. PET release liner can be recycled, which will increase its demand owing to manufacturers making sustainability a priority.

The US and Canada Demand Outlook for PET Release Liner Market

The PET release liner market is expected to hold a significant market share in the release liner sector in the United States, with leading manufacturers dictating market dynamics.

PET release liner is currently the second most popular release liners in Canada, following the paper-based release liners. The Canada PET release liner market, on the other hand, is expected to grow steadily over the forecasted period.

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Europe PET Release Liner Market outlook

PET release liner is the future in the European release liners market. PET release liner is manufactured as thin liners in the region, and future improvements must be able to use the region’s existing installed base of label manufacturing/application equipment.

Sustainability and recycling measures will play a significant role in the growing demand for PET Release liner in the region between 2021 and 2031.

PET Release Liner: Key players

Some key manufacturers in the PET release liner market includes

Polyplex Corporation Ltd.
Tekra LLC
Shanghai CN Industries Ltd.
Infinity Tapes
Guangtai Adhesive Products Co. Ltd.
Siliconature
Fox River Associates LLC
Cotek
Newmax Tec
CCL Label
Mondi
Laufeburg
Saint-Gobain
Lupont
Advanced Coated Products Ltd.
Blue Label Packaging
Others

PET Release Liner: Market Segmentation

Based on Form:

One- sided
Two-sided
Clear/Print treated
Clear/ slip treated
Hazy
Transparent
Others

Based on Coating:

Silicone Coating
Non-Silicone Coating
No coating

Based on End Application:

Food and Beverage
Healthcare
Hygiene products
Cosmetics
Construction
Others

Based on Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Oceania

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Pesticides Packaging Market 2022 Outlook, Current and Future Industry Landscape Analysis 2031

The global sales of pesticides packaging are expected to grow 5.2% in 2021 The study still expects pesticides packaging market to grow slightly, however the overall five-year compound annual growth rate (CAGR) remains positive during 2021-2031.

The rising trend in food production and the use of chemical fertilizers are providing significant market opportunities for the industry’s major players.

The Rising Demand For Pesticides With Longer Shelf Life, Along With Increasing Requirement For Optimal Storage And Transportation Are Driving This Market’s Continuous Rise

An upsurge in the overall consumption of products across the globe has factored in the price hikes on packaged goods. The variety of packaging options in demand becomes a major factor in classifying items based on their purpose in preserving goods and their appearance-enhancing qualities. With a vast range of package types convergent across numerous applications, the global Pesticides packaging sector remains on the edge of miscellany.

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The pesticides packaging market is expected to grow progressively owing to trade opportunities for agrochemicals due to factors such as increased demand for fertilizers, encouraging government regulations and acceptance of biological across the globe. Instability in raw material prices, as well as the trend toward recyclable packaging, are restraints on the global pesticides packaging market.

U.S. And Canada Demand Outlook for Pesticides Packaging Market

North America is the world leader in processed and packaged food products, and demand for pesticides is growing in the US and Canada. Pesticides are toxic in nature. As a result, they require modern agriculture packaging that will decrease the risk of handling, shipping, and storing pesticides, as well as packaging that is intended for better sealing, operational difficulties, and avoiding package failure.

This packaging improves the shelf life of agricultural products and reduces waste during transportation. Pesticide packaging keeps agricultural products from spoiling before they reach end consumers. Hence, anticipating the growth in the U.S. and Canada.

Europe Demand Outlook for Pesticides Packaging Market

During the forecast period, the pesticides packaging market in Europe will grow at a significant rate. Reduced packaging development costs and time, increased demand for pest resistance throughout the world, and the introduction of biodegradable packaging options to the market are propelling the growth of pesticides packaging in the European market.

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Pesticides Packaging Market: Key Players

Some key manufacturers operating the business in the pesticides packaging supplement market globally include

United Caps
Grief, Inc
EVAL Europe N.V.
Mauser Packaging Solutions
Nexus Packaging Ltd
Amcor Limited
Sonoco Products Company
Packaging Corporation of America
Purity Flexpack Limited
Mondi Group and LC Packaging.

Some vendors in this industry are increasing their manufacturing facilities in order to get a competitive edge. For example, United Caps increased its production capacity in 2019 by opening a new manufacturing factory in Malaysia to better service the Asian market.

Grief INC will provide real-time tracking for its IBC products in 2020. Greif’s GCUBE Connect solution uses an IoT-based device to offer real-time tracking information about a customer’s IBC. This cutting-edge technology not only helps any company track its products, but it also makes the company’s supply chain easier to manage.

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

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Pesticides Packaging: Market Segmentation

Based on Material

Plastic
- Rigid plastic
- Flexible plastic
Composite materials
Metal
Paper & paperboards
Others (nanomaterials, jute and glass)

Based on Product

Pouches & bags
Bottles & cans
Drums
Others (tubes, jars and sacks)

Based on Barrier Strength

High
Medium
Low

Based on the Region

North America
- U.S. and Canada
Latin America
- Mexico, Brazil, Peru, Chile, and others
Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
Eastern Europe
- Poland and Russia
Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
The Middle East and Africa
- GCC, Southern Africa, and North Africa

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Communication Test and Measurement Market 2022 | Scope of Current and Future Industry 2032

According to a recent study done by FMI, the communication test and measurement market are expected to reach US$ 16.4 Billion by 2032, up from US$ 7.4 Billion in 2022, expanding at a high CAGR of 8.3%. Growing adoption of instrument management, maintenance, calibration, deployment of networks and repair technology is expected to boost the market growth over the analysis period.

Furthermore, increasing adoption of 5G connections which would require wireless test equipment, test performance, and network management solutions is also driving market growth. Additionally, the need for testing equipment and networks is critical in the lab and production environment, throughout the entire network lifecycle.

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To cater to the varying bandwidth demands of services, service providers need a complete testing solution to ensure that their network can meet performance and accessibility requirements while maintaining QoS for mission-critical voice, video, and data traffic. In the communication and networking sector, rapid changes in network circulation, from voice to integrated voice, video, and data, have created a need for solutions to test performance and capacity, which is expected to accelerate the growth of the communication test and measurement market during the forecast period.

Key Takeaways from the Market Study

Global communication test and measurement market to be valued at US$ 7.4 Billion by 2022-end
The U.S to account for the highest value share of US$ 5.9 Billion of global market demand for Communication Test and Measurement Market in 2032
From 2015 to 2021, communication test and measurement demand expanded at a CAGR of 9.2%
Wireless test solutions to flourish at a CAGR of 8.0% from 2022 to 2032

Competitive Landscape

Players in the global communication test and measurement market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

In June 2020, Keysight announced the first oscilloscope with eight analog channels at 6 GHz and 16 simultaneous digital channels, enabling customers to reduce test bench and workflow complexity to achieve higher performance as well as accurate and repeatable multi-channel measurement in a single instrument.
In April 2020, NI announced a standalone 5G radio test user equipment. The latest release adds test and validation options for standalone 5G radio networks.
In March 2020, Anritsu Corporation introduced its SmartStudio NR (SSNR) environment for interactive GUI-based functional 5G device testing as control software of Radio Communication Test Station MT8000A.
In March 2020, VIAVI introduced Test Suite for O-RAN specifications. O-RAN is being adopted by operators and equipment manufacturers worldwide to reduce infrastructure procurement, deployment, and operational costs, as well as lower the barrier to entry for product innovation.

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Know More About What the Communication Test and Measurement Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Communication Test and Measurement Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032.

Key Segments Covered in the Communication Test and Measurement Industry Report

By Test Solutions: