Mobile Cases and Covers Market Plastic Material Segment is Expected to Create Substantial Incremental Revenue Opportunity by the End of 2029

The mobile cases and covers market is highly influenced by evolving lifestyle trends and increasing spending capacities of consumers. To ensure the long shelf life of smartphones, consumers are increasingly using protective cases and. Increasing demand for 360-degree surface protection for smartphones is offering significant profit earning opportunities for key players in the global mobile cases and covers market.  Millennials are more concerned about reducing plastic waste; hence, biodegradable mobile cases and covers are expected to witness high demand in the next decade.

Some of the key players in the mobile cases and covers market are Amzer, Inc., Belkin International, Inc., Case-Mate Inc., CG Mobile Case SAS, Incipio Technologies Inc., Motiba Silicone Private Limited, Northbaze Group AB (KRUSELL), Otter Products, LLC, Pelican Products Inc., Samsung Electronics Co. Ltd, Sony Corporation, Rearth, Inc. (Ringke), and pOcpac U.K.

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These key players are focusing on product innovation, acquisitions, upgrading, and boosting sales through e-Commerce, with an aim to increase their global presence and customer base in the global mobile cases and covers market.

The global mobile cases and covers market is expected to grow 1.7X its current market value by the end of 2029.

“Manufacturers in the mobile cases and covers market can leverage the remunerative growth potential offered by the adoption of eco-friendly material. Key players can boost their sales through online stores and e-Commerce.”

Key Takeaways of Mobile Cases and Covers Market Study

By product volume, the mobile covers segment is expected to hold higher market share over 2022-2029, attributed to the increasing demand for lightweight covers providing maximum protection from drops, bumps, and shocks.

By print type, the with print segment is anticipated to hold a major share in the mobile cases and covers market during the forecast period.

North America is expected to outpace the global mobile cases and covers market in the next decade, attributable to the presence of a large number of key players. China, India, and Japan are anticipated to offer lucrative opportunities, driven by increasing production of smartphones and cost-effective mobile cases and covers in these countries.

Mobile Cases and Covers Market: Competition Landscape

The global mobile cases and covers market is highly fragmented, with the presence of many local and unorganized players. Also, many new players are expected to enter the global mobile cases and covers market to leverage significant growth opportunities available.

In 2022, Pelican entered the e-Commerce market and established an online store for easy customer reach. Besides this, the company introduced a new line for mobile phones cases.

In April 2021, pOcpac U.K. launched The Gran Turismo mobile pouch in the United Kingdom. This pouch is manufactured from premium durable leather, featuring a weather resistant zip, which ensures high barrier resistance.

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Key Segments Covered in Mobile Cases and Covers Industry Research

Mobile Cases and Covers Market by Product:

  • Cases
  • Wallets
  • Pouches
  • Hard Cases
  • Covers
  • Back Covers
  • Flip Covers

Mobile Cases and Covers Market by Material:

  • Plastic
  • Polypropylene
  • Polyethylene
  • PVC
  • Polyurethane
  • Others
  • Leather
  • Silicone
  • Rubber
  • Biodegradable
  • Wood
  • Fabric
  • Bioplastic
  • Paper & Paperboard

Mobile Cases and Covers Market by Print Type:

  • With Print
  • Without Print

Mobile Cases and Covers Market by Region:

  • North America Mobile Cases and Covers market
  • Latin America Mobile Cases and Covers market
  • Europe Mobile Cases and Covers market
  • East Asia Mobile Cases and Covers market
  • South Asia Mobile Cases and Covers market
  • Oceania Mobile Cases and Covers market
  • Middle East & Africa (MEA) Mobile Cases and Covers market

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

Contact:
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Pouch Market Sales Are Projected to Increase From US$ 50.5 Bn in 2022 to US$ 84.6 Bn by 2032

The global pouch market is predicted to rise with a CAGR of 5.3% over the forecast period, according to Future Market Insights. Applications in food & beverages, healthcare, personal care & cosmetics, and home care are fuelling the sales in the market. Increasing demand for low-cost, convenient, shelf-appealing, and lightweight packaging will also propel the growth in the market.

Pouches use less material in their production, making them less costly than rigid packaging formats. Furthermore, due to their light weight and flexibility, CPG companies are gradually choosing pouches over rigid packaging products like composite cans, containers, boxes, etc. to reduce shipping costs.

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Flat pouches take up less room in retail stores and can be readily stacked on top of one another, allowing for more product display than other packaging styles. Furthermore, consumers find stand-up pouches on retail shelves more appealing, and the packaging format offers a larger surface area on which high-quality graphics may be printed, resulting in the product type grabbing customer attention in retail outlets more easily than bottles and boxes.

Key Takeaways from Pouch Market

  • In terms of material, the metal/foil segment is expected to dominate the global market over the forecast period.
  • Based on product type, the stand-up pouches will account for 85% of demand share in the forecast period, growing at a CAGR of 6.1%
  • Asia Pacific pouch market is to hold about 24% of the global market share during the forecast period.
  • South Asia is anticipated to be the most attractive region for the pouch market during the forecast period owing to the growing food and beverages industry in India and China.

“To enhance convenience and streamlined e-Commerce operations, an increasing number of food and beverage firms are resorting to flexible packaging. This is driving the demand for pouch packaging solutions”–comments FMI Analyst

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Pouch Market Landscape

Amcor, Smurfit Kappa Group, Sonoco Company Ltd., Mondi Plc, Sealed Air, Huhtamaki Oyj, Constantia Flexibles, Coveries, Clondalkin Group, Goglio Spa, Wipf Holding AG, KOROZO, Proampac, Gualapack S.p.A., Daklapack Group.

Pouch Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for POUCH market by material type (Plastic, Metal/Foil, Paper) by product type (Stand up, Flat Pouch, Rollstock) by end use (Food & beverages, Pharmaceuticals, Cosmetics & Personal Care, Consumer Electronics, Homecare, Automotive, Chemicals).

About the Packaging Division at Future Market Insights

Future Market Insights’ packaging division provides in-depth historical research and estimates for the next ten years, as well as a unique dashboard perspective of the competitive landscape. Future Market Insights offers an extensive database for various market verticals, ranging from packaging materials to packaging machines to package designs and formats, providing clients with unique research services and strategic suggestions. With a library of over 1,000 reports, the team has thoroughly examined the packaging sector in more than 50 nations. The team assesses each node of the value chain and delivers end-to-end research and consulting services; contact us to learn more about how we can assist.

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 Pouch Market by Category

By Material:

  • Plastic
  • Metal/Foil
  • Paper

By Product:

  • Stand up
  • Flat Pouch
  • Rollstock

By End Use:

  • Food & Beverages
  • Pharmaceuticals
  • Cosmetic & Personal Care
  • Consumer Electronics
  • Homecare
  • Automotive
  • Chemicals

By Region:

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

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-14711

 Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

  1. Pouch Market Demand Analysis 2015–2021 and Forecast, 2022–2032

5.1. Historical Market Volume (Units) Analysis, 2015–2021

5.2. Current and Future Market Volume (Units) Projections, 2022–2032

5.3. Y-o-Y Growth Trend

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Tobacco Packaging Market is Expected to Expand at 3.2% CAGR over the Assessment Period 2022-2032

The worldwide tobacco packaging market will arrive at US$ 14.1 Bn in 2022. With deals expanding at a 3.2% CAGR, the market valuation is expected to outperform US$ 19.3 Bn by 2032.

Increasing urbanization and the popularity of cigarettes among the youth. Additionally, stressed lives, as well as increased workload and a demanding schedule, are increasing tobacco consumption among individuals.

Product innovations related such as Roll-Your-Own-Cigarettes (RYOC), additive-free, and micro cigarette varieties are boosting sales of tobacco. The World Health Organization and various other government authorities have taken initiatives to minimize hazardous effects of tobacco consumptions.

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Plain packaging is one of these initiatives. The concept of plain packaging was first introduced by Australia government that represents following factors:

  • Certain color for tobacco packaging
  • Display brand names in certain way
  • Provide necessary information along with health warning
  • No display of logos, brand images, or promotional text

This law is important to reduce appeal of tobacco products, making health warnings more effective, and avoid providing misleading data.

This law is also adopted by the U.K. government and various other countries. There is significant international momentum on plain packaging. There are at least 38 countries/territories moving forward with plain packaging, with 21 having adopted the measure, 3 having it in practice, and 14 working on it.

As per the report on smokeless tobacco published by Federal Trade Commission, the sales of 1 Oz to less than 2 Oz packaging size is outpacing other segments with overall sales reaching 1,181 Bn in 2020. Consumers prefer moist snuff that are mostly available in boxes format. Although boxes segment holds prominent market share, this segment is estimated increase 1.5 times of the current value by 2032.

Besides this, key players are expected to witness opportunities in Heated Tobacco Units (HTU) packaging. Shifting consumer preference from smoking tobacco to smokeless tobacco is adding impetus in the global tobacco packaging market. Companies such as British American Tobacco (BAT) and Tobacco International are planning to invest in HTU products, which is expected to augment the growth in the market.

“Increasing preference for paper and paperboard packaging, along with growing popularity of smokeless tobacco will create prospects for growth in the market,” says an FMI analyst.

Key Takeaways:

  • Based on material type, total demand for paper and paperboard tobacco packaging will increase at a 4.1% CAGR over the forecast period.
  • During the assessment period, China is expected to account for 42% of the East Asia market share.
  • In terms of packaging format, demand for boxes will grow at a 3.6% CAGR over the forecast period.
  • The India tobacco packaging market is expected to grow at a CAGR of 7% during the assessment period.

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Competitive Landscape

Key players in the global tobacco packaging market are concentrating on providing lightweight and sustainable tobacco packaging solutions. Some of the leading players operating in the market include WestRock Company, Amcor plc, International Paper Company, Smurfit Kappa Group plc, Mondi plc, Innovia Films Limited, Siegwerk Druckfarben AG & Co. KGaA, Stora Enso Oyj, ITC Limited, Treofan Group.

  • Stora Enso Oyj has announced the introduction of Box Inc., a digital B2B marketplace for recyclable carton packaging. Box Inc. is a new platform that aims to make it easier for businesses to buy packaging online while also allowing suppliers to reach new consumers without having to build their own internet presence.
  • Amcor has completed its purchase of Bemis. As a result, Amcor bolstered its consumer packaging position, attracting even more talent, worldwide reach, size, and technical skills.

Global Tobacco Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for global tobacco packaging market by material (plastic, paper & paperboard, others (jute, metal, etc.)), by distribution channel (online, and offline), by packaging type (pouches & sachets, bags & sacks, boxes, others (cans, jars, etc.)) across seven regions.

Global Tobacco Packaging Market by Category

By Material:

  • Plastic
  • Paper & Paperboard
  • Others (Jute, Metal, etc.)

By Distribution Channel:

  • Online
  • Offline

By Packaging Type:

  • Pouches & Sachets
  • Bags & Sacks
  • Boxes
  • Others (Cans, Jars, etc.)

By Region:

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

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Packaging Type Innovation / Development Trends

  1. Key Success Factors

4.1. Packaging Type Adoption / Usage Analysis

4.2. Packaging Type USPs / Features

4.3. Strategic Promotional Strategies

To Continue TOC

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

Contact:
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/tobacco-packaging-market
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U.S. Dominates Scented Trash Bags Market as Both a Manufacturer and Consumer

As per Future Market Insights, the global scented trash bags market is projected to reach a valuation of US$ 1.7 Bn in 2022. Demand is forecast to increase at a 3.5% CAGR over the assessment period, pushing the market size to US$ 2.3 Bn by 2032.

Sales of scented trash bags are projected to gain traction over the forecast period due to growing focus on sustainability among consumers. Individuals are preferring eco-friendlier options, which is expected to boost demand for bioplastics scented trash bags. Barrier-coated recycled content bags are also favoured by customers due to their recyclable properties. However, leak-proof, puncture-resistance, tear-resistance and weight holding properties with fresh aroma are a few features of scented trash bags that are attracting the end-users to the product.

Right fitting drawstring closure around the rim of scented trash bags is the trend that is taking the global market by storm. Many brands like Scents and Hefty are the first to jump on the bandwagon. Tall scented trash bags with stretchable panels to make overstuffed bags more flexible and tear-resistant with leak protection and reliable grip are expected to fuel sales in the market. Bigger bags with better scents and colour option is attracting the customers, which in turn is driving the demand for scented trash bags. Ban on single-use plastic bags in several states in the U.S. has led to high demand for sustainable garbage bags in the country. Scented trash bags are becoming increasingly popular as they eliminate odor and make the garbage disposal experience better.

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List of Key Players Covered in Scented Trash Bags Market are:

  • The Clorox Company
  • Berry Global, Inc.
  • Reynolds Consumer Products, LLC
  • Napco National
  • Simplehuman, LLC
  • Yantai Bagease Packaging Products Co., Ltd.
  • AbbeyPolythene Ltd.
  • Sakthi Poly Products
  • Shenzhen Juyi FII Co., Ltd.
  • Easy Flux Polymers Pvt. Ltd.

Key Takeaways:

  • Based on material, sales in the Polyethylene segment are forecast to create an incremental opportunity of US$ 391 Mn by the end of 2032.
  • By capacity, demand for up to 10 gallons scented trash bags is anticipated to remain high.
  • In terms of end user, the retail & consumer end use segment is estimated to hold 51% of the total market share by 2032.
  • The U.S. scented trash bags market is expected to create an incremental opportunity of US$ 101.5 Mn over the forecast period.
  • Sales in the Germany scented trash market are anticipated to grow at a 2.9% CAGR over the forecast period.

“The scented trash bags market is driven by increasing focus on minimizing the risk of disease spread, along with surging demand for biodegradable waste disposal options. Leading manufacturers are emphasizing the incorporation of material-level innovation and increasing market presence through new product development,” says FMI Analyst.

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Scented Trash Bags Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for scented trash bags market by material type (Polyethylene (PE) ((Low-density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE), High-density Polyethylene (HDPE))), Polypropylene (PP), bioplastics), capacity (up to 10 gallons, 11-25 gallons, 26-55 gallons, above 55 gallons) and end user (retail & consumer, institutional, industrial) 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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Detailed Table of Content:

  • Executive Summary
  • Global Market Outlook
  • Demand-side Trends
  • Supply-side Trends
  • Technology Roadmap Analysis
  • Analysis and Recommendations
  • Market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Limitations
  • Market Background
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunity
      • Trends
    • Scenario Forecast
      • Demand in Optimistic Scenario
      • Demand in Likely Scenario
      • Demand in Conservative Scenario
    • Global Packaging Industry Analysis
    • Key Industry Perspective: What Industry Leaders are Saying?
    • Value Chain Analysis
      • Exhaustive List of Active Participants
        • List of Raw Material Suppliers
        • List of Manufacturers/Converters
        • List of End User (Existing and Potential Buyer)
      • Profitability Margins
    • Forecast Factors -Relevance and impact
    • Macro-Economic Factors
    • Regulatory landscape
    • Regional Parent Outlook
    • Consumers Survey Analysis
  • Global Scented Trash Bags Market Analysis 2016-2021and Forecast, 2022-2032
    • Historical Market Size Value (US$ Bn ) & Volume (Mn Units) Analysis, 2016-2021
    • Current and Future Market Size Value (US$ Bn ) & Volume (Mn Units) Projections, 2022-2032
      • Y-o-Y Growth Trend Analysis
      • Absolute $ Opportunity Analysis.

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  • Global Scented Trash Bags Market Analysis 2016-2021and Forecast 2022-2032, By Material Type
    • Introduction / Key Findings
    • Historical Market Size Value (US$ Bn ) & Volume (Mn Units) Analysis by Material Type, 2016-2021
    • Current and Future Market Size Value (US$ Bn ) & Volume (Mn Units) Analysis and Forecast by Material Type, 2022-2032
      • Polyethylene (PE)
        • Low-density Polyethylene (LDPE)
        • Linear Low-density Polyethylene (LLDPE)
        • High-density Polyethylene (HDPE)
      • Polypropylene (PP)
      • Bioplastics
    • Y-o-Y Growth Trend Analysis by Material Type, 2016-2021
    • Absolute $ Opportunity Analysis by Material Type, 2022-2032

TOC Continued…

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/scented-trash-bags-market
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Cosmetic Jars Market is Anticipated to Expand at a CAGR of 4.9% During 2022-2032 | Says FMI Analyst

The global cosmetic jars market is projected to reach a valuation of US$ 4.1 Bn in 2022. As per FMI, sales are forecast to grow at a 4.9% CAGR, with the market size topping US$ 6.7 Bn by 2032. Cosmetic jars are rigid packaging solutions made up of different materials that are cost-effective, easily available and durable.

These jars are being used for the packaging of various skin care, hair care and make up products. Manufacturers are offering cosmetic jars in different capacities based on the requirements of end-use segments, such as small (5ml-50ml), medium (51ml-100ml), large (101ml-500ml) and others (>500ml).

Surging usage of various cosmetic products is bolstering the demand for cosmetic packaging. The transparency provided by glass and plastic cosmetic jars, which allows product visibility, is gaining popularity.

Ongoing expansion of the cosmetics and personal care sectors across the globe is augmenting sales of cosmetic jars. Rising awareness regarding sustainable packaging solutions for personal care products among consumers is compelling manufacturers to launch recyclable and sustainable solutions such as glass and paper cosmetic jars.

Packaging is viewed as a tangible experience for the buyer with respect to the brand. Premium packaging is considered the best for luxury cosmetic brands as it conveys a message of sophistication and value.

The usage of premium packaging increases consumer satisfaction and results in the possibility of repurchasing and recommending the brand to other consumers. Moreover, the concept of premium packaging across cosmetic packaging is gaining traction across the developing parts of the world. Major players engaged in the production of luxury packaging products, including cosmetic jars, are focusing on expanding their production capacities.

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“The adoption of environmentally friendly, cost-effective and rigid packaging solutions in the cosmetic industry will augment the sales of cosmetic jars. Also, customization and product visibility feature offered by the cosmetic jars will continue pushing sales in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Based on material, sales in the plastic segment will grow by 1.6x during the forecast period.
  • By end use, demand in the skin care segment is anticipated to increase at a 5.1% CAGR through 2032.
  • In terms of capacity, the large (101ml-150ml) segment will offer an incremental opportunity of US$ 1.2 Bn over the assessment period.
  • The U.S. will account for a lion’s share of the North America cosmetic jars market, creating an incremental opportunity of US$ 387 Mn over the forecast period.
  • Germany will emerge as a lucrative market, with total sales reaching a valuation of US$ 418 Mn by 2032.
  • Europe and North America are estimated to hold around 54% of the total market share by the end of 2032.

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Cosmetic Jars Market Landscape

  • Berry Global Inc.,
  • Jiangsu Rongtai Glass Co, Ltd.,
  • HCP Packaging,
  • Gerresheimer AG,
  • Yonwoo Co. Ltd, and
  • Stoelzle Glass Group

are the key players operating in the cosmetic jars market. Furthermore, Pumtech Korea Co. Ltd, Lumson S.p.A, Frapak Packaging, Libo Cosmetics Company, Ltd and other manufacturers are also noticeable players in the cosmetic jars market. The tier 1 players in the market hold 10-15% in the global cosmetic jars market

Cosmetic Jars Market by Category

By Material:

  • Plastic
  • Metal
  • Glass
  • Others

By Capacity:

  • Small (5ml-50ml)
  • Medium (51ml-100ml)
  • Large (101ml-500ml)
  • Others (>500ml)

By End Use:

  • Skin Care
  • Hair Care
  • Make Up
  • Others

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 Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

  1. Global Cosmetic Jar Market Demand Analysis 2015–2021 and Forecast, 2022–2032

5.1. Historical Market Volume (Mn Units) Analysis, 2015–2021

5.2. Current and Future Market Volume (Mn Units) Projections, 2022–2032

5.3. Y-o-Y Growth Trend Analysis

Continued…!

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https://www.youthkiawaaz.com/2022/08/global-plastic-tubes-market-by-system-type-by-end-user-by-region?success=1

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

Contact:
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T: +1-845-579-5705
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Kombucha Tea Market Current Trends and Future Growth Estimations Outlook To 2032

The global kombucha tea market is set to witness growth at a CAGR of 12.3% and is anticipated to reach a valuation of around USD 5,234.6 Mn by 2032.

One of the primary factors driving the global kombucha tea market is the growing demand for convenience packaging. Busy lifestyles and time constraints across the globe have increased the demand for on-the-go food items.

This is increasing the sales of kombucha tea that can be easily carried in the pocket. To capitalize on this, key players are adding attractive packaging, which extends the shelf life of kombucha tea storage.

Kombucha tea manufacturers are also constantly providing consumers with more creative products in terms of flavors. The kombucha tea innovation is done to meet consumer demand for a healthy and nutritious drink without compromising the flavor, taste, texture, and nutritional properties of the product.

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Key Takeaways from Market Study

  • Organic kombucha tea is expected to grow at a lucrative 13.8% CAGR during the forecast period.
  • North America kombucha tea market is expected to dominate the global market in 2022, with a share of around 24.1% by 2032
  • In terms of sales channels, modern trade is expected to have a dominant share in 2022
  • Online retail stores are expected to grow at a rapid pace during the forecast period.
  • In terms of product type, green tea is expected to dominate the global market in 2022
  • Black kombucha tea is expected to grow at a rapid pace during the forecast period.

 “Manufacturers of kombucha tea are focusing on increasing product transparency. They are also putting together dedicated teams to devise legal marketing strategies to ensure proper kombucha tea representation to woo consumers.” says a Future Market Insights analyst.

For Information On The Research Approach Used In The Report, Ask Analyst @

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Competitive Landscape

Kombucha tea manufacturers are introducing new products to cater to consumers’ diverse preferences and tastes.  Kombucha tea market trends such as changing consumer preferences toward non-alcoholic beverages and increased consumption of healthier beverages, key players are focusing on expanding their product portfolio.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global kombucha tea market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Kombucha Tea Market by Category

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Green Tea
  • Black Tea
  • Oolong Tea
  • Others

By Flavor Type:

  • Regular/Unflavored
  • Flavored

By Sales Channel:

  • Modern Trade
  • Convenience Stores
  • Traditional Grocery Stores
  • Specialty Stores
  • Online Retail Stores
  • Others

By Region:

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

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Frequently Asked Questions

  • How big is the kombucha tea market?
  • What is the anticipated market value of the kombucha tea market by 2032 end?
  • What is the kombucha tea market outlook?
  • Which region is expected to drive the demand for the kombucha tea market?
  • Who are the key players operating in the market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Spirits Market 2022 Business Growth, Current Trends, Rules, Challenge, and Interaction, Application Details, Key Components, Forecast 2032

The global spirits market is estimated at US$ 56 Bn in 2022 and is projected to reach US$ 92.9 Bn by 2032, at a CAGR of 5.2% from 2022 to 2032.

Spirit is an alcoholic beverage prepared through distillation process in which the component substances are separated from a liquid mixture via evaporation and condensation. This process is used for purification of the mixture and for removing the diluting components such as water. This is done in order to increase the alcohol content by volume (ABV).

Rising demand for alcoholic beverages can be attributable to the increasing consumption among millennials. A gradual increase in the party culture has been noticed over the past few years which has contributed well to the market growth. Alongside this, peer pressure among students and adults and the influence of social media are convincing consumers to experiment with new drinks and different flavours.

The latest trend of partying at clubs, bars, cafes and pubs in developing economies like India and China owing to attractive pay packages and changing lifestyle is likely to result in surging demand for spirits in the coming years. Varied types of spirits such as vodka and whiskey are mostly consumed during outings.

Furthermore, increasing spending capacity of working population has encouraged them to switch to premium brands, which is expected to fuel the spirits market growth over the forecast period (2022-2032).

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Key Takeaways from Market Study

  • East Asia is expected to dominate the global market by accounting for the maximum market value share of about 25% by 2022 end
  • Rising partying culture in different regions across the globe is predicted to result in surging demand during the assessment period (2022-2032)
  • By product type, whiskey is expected to account for the maximum market share by 2022 end
  • Higher income groups and working population have increased spending capacity, which is likely to increase the demand for premium brands of spirits in the near future
  • Indirect channel is expected to account for a higher market value share than direct channel by 2032 end

 “Trending partying culture at clubs and pubs among today’s millennial is expected to result in an impressive growth in the spirits market in the coming decade,” says a Future Market Insights analyst.

Competitive Landscape

Key market participants are following different marketing and promotional strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to address the needs of the consumers and serve accordingly, thus, creating a larger customer base in the coming years.

For Information On The Research Approach Used In The Report, Ask Analyst @

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global spirits market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Product Type, Global Spirits is segmented as:

  • Vodka
  • Rum
  • Whiskey
  • Gin
  • Tequila
  • Others

By Category, Global Spirits is segmented as:

  • Mass
  • Premium

By Application, Global Spirits is segmented as:

  • Household
  • Commercial

By Distribution Channel, Global Spirits is segmented as:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Specialty Stores
    • Independent Retailers
    • Online Retailers

By Region, Global Spirits is segmented as:

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

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Frequently Asked Questions

  • How big is the spirits market?
  • At what rate is the global spirits market expected to grow?
  • What are the key strategic adopted by spirits market players?
  • How much share does the top 10 companies in the spirits market hold?
  • Which are the major countries driving demand for spirits?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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Champagne Market Analysis by Business Developing Strategies, Growth Key Factors and Forecast to 2032

The global champagne market is expected to reach a market valuation of US$ 7.0Bn by the year 2022, accelerating at a CAGR of 5.08% by 2022-2032, to reach a value of US$ 11.5Bn by 2032.

The alcohol beverage industry suffered from initial set back due to pandemic as spread of virus resulted in delays in shipment, rise in packaging cost, and scarcity of containers. However, after the first wave subsidized and majority of the population around the globe was vaccinated the alcoholic beverage industry bounced back due to government support and incentives.

There has been a considerable increase in the number of brands and retailers offering wide varieties of alcoholic beverages, the only distinction they can emphasize on is product diversification. As a result, key players are focusing on developing niche products, specific to consumer requirements. This is expected to propel the demand for alcoholic beverages globally which in turn will impact sale of champagne.

Pandemic affected in-store sales severely. To overcome distancing rules, companies developed their online portals and delivered champagnes and other alcoholic beverages at consumer doorsteps. Even as the situation bounces back, many distributors are predicted to change their business model by partnering with on-demand services that procure alcohol from stores and deliver it to customers.

There is increase in consumption of champagne in home premises. As people are spending much time indoors, they are expected to order premium quality champagnes from e-commerce sites. This is expected to reduce café and restaurant-based alcohol consumption. Brands are expected to focus on offering such services to multiply sales of champagne.

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Surge in consumer spending capacity in regions such as North America, Europe, and Asia also has made it possible for customers to splurge on alcoholic beverages during celebrations. Consumption of low alcoholic champagne is witnessing high growth as consumers are shifting toward healthy drink options, which is expected to encourage sales of low-alcohol champagne during assessment period.

Key Takeaways from Market Study

  • The champagne market is expected to increase at CAGRs of 5.1% and 5.3% in North America and the Europe, respectively, through 2032.
  • Market share of Latin America and Oceania is 4.5% and 4%, respectively, in 2022.
  • The Europe champagne market is expected to reach US$ at 1.6 Bn
  • Growing customer preference for healthy and nourishing beverages to drive the sale of low alcohol champagne.
  • By price range, economically priced champagne holds the highest market share and is expected to increase at a CAGR of 6.0%.

 “Manufacturers of champagne will considerably gain from targeting the niche product and consumer segments in alcoholic beverages industry. Consumer preference for nourishing drinks is expected to impact the demand for low alcoholic beverages around the globe,” says a Future Market Insights (FMI) analyst.

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Competitive Landscape

Key manufacturers of champagne are majorly focusing on research & development to offer different varieties of alcoholic beverages. Permiumization is expected to contribute maximum revenue generation through sale of champagnes. As key players focus on offering different flavours according to customer preference to stand out in the competition.

Another trend that is prevalent in the champagne market is consumer preference for sustainable packaging. Consumers are more sensitive towards adverse impacts on environment that are choosing brands that follow sustainable practices throughout their supply chain. Brands that focus on these aspects are expected to benefit in long run.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global reduced fat butter market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Champagne Market by Category

By Price Range, Champagne Market is Segmented as:

  • Economy
  • Mid-range
  • Luxury

By Sales Channel, Champagne Market is Segmented as:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region, Champagne Market is Segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Frequently Asked Questions

  • How much is the global champagne market worth?
  • What is the champagne market demand outlook lly?
  • At what rate did the demand for champagne grow in the last five years?
  • At what rate will champagne demand grow in Europe?
  • What are the key trends shaping the champagne demand?
  • At What Rate Will Champagne Market Demand Grow in North America?

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How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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Vegan Yogurt Market Size to Grow with a High CAGR Global Industry Analysis and Forecast to 2032

The global vegan yogurt market size is expected to reach a market valuation of US$ 2.2 Bn in 2022, with sales growing at a robust 8.9% CAGR over the forecast period.

Vegan Yogurt Market Size (2022) US$ 2.2 Bn
Vegan Yogurt Market Projected Size (2032) US$ 5.1 Bn
Vegan Yogurt Value-based CAGR (2022-2032) 8.9%
Vegan Yogurt Top 3 Countries Market Share 35.8

Increasing incidence of lactose intolerance among consumers is resulting in lesser consumption of milk-based products. As a result, plant-based diet has grown in popularity among the consumers, with many people trying to replace dairy products with plant-based alternatives, including yogurt.

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This has led to high demand for vegan yogurts which contain live probiotics and cultures and provide the same digestive advantages as dairy-based yogurts.

Hemp milk yogurt and flax yogurt, for example, are high in fatty acids, natural omega-3, and fiber. Many other vegan yogurt variants are enriched with minerals and vitamins to improve their nutrient level. These products are as rich, creamy, and smooth as regular yoghurt, and they don’t require any flavor or texture adaptation.

Vegan yogurt manufacturers have been experimenting and developing different bases and distinctive flavors to promote these yogurts as mainstream products. Furthermore, milk obtained from grains, seeds, and nuts such as coconut, hazelnuts, macadamia, almond, pistachios, pili, and cashew are used to make vegan yoghurt. Flax, soy, and hemp seeds, as well as cereals like oats, are also used to make vegan yoghurt.

“Wide availability of vegan yogurt at online channels, along with growing popularity of veganism in emerging economies will continue driving the vegan yogurt market over the forecast period,” says the FMI analyst.

Key Takeaways:

  • By flavor, demand in the chocolate segment is expected to remain high over the forecast period.
  • Based on the product type, sales in the almond mil vegan yogurt segment are forecast to gain traction over the assessment period.
  • In terms of sales channel, the offline segment is expected to account for a dominant share of the market through 2032.
  • The North America vegan yogurt market is expected to grow at a 8.5% CAGR through 2032.
  • East Asia vegan yogurt market is expected to emerge as a lucrative pocket with sales growing at a high rate.

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Competitive Landscape

Leading players operating in the global vegan yogurt market are aiming to expand their presence in developing countries to gain a competitive edge. They are also investing in research and development to improve their product portfolios by adding innovative flavors. For instance:

  • Danone, a leading French yogurt company, acquired WhiteWave Foods, a Colorado-based company for its range of plant-based food and beverages manufacturing brands such as Alpro®, So Delicious®, Silk®, and Vega™.

Vegan Yogurt Market by Category

By Product Type:

  • Soy Milk Yogurt
  • Coconut Milk Yogurt
  • Almond Milk Yogurt
  • Rice Milk Yogurt

By Flavour:

  • Chocolate
  • Strawberry
  • Banana
  • Pineapple
  • Mango
  • Lemonade
  • Peach

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

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

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global vegan yogurt market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

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The study offers compelling insights based on product type (soy milk yogurt, coconut milk yogurt, almond milk yogurt, and rice milk yogurt), flavor (chocolate, strawberry, banana, pineapple, mango, lemonade, and peach), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store) and online sales channel (company website and e-commerce platform)), across seven major regions.

Frequently Asked Questions

  • What is the current valuation of the vegan yogurt market?
  • At what rate is the vegan yogurt market projected to grow over the forecast period?
  • How much is the vegan yogurt market expected to be worth in 2032?
  • Who are the top players operating in the vegan yogurt market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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Organic Tea Market Regional Analysis and Industry Growth by Forecast to 2032

The global organic tea market is expected to reach market valuation of US$ 1.2 Bn by the year 2022, accelerating at a CAGR of 8.2% by 2022-2032.

Organic products are becoming common among consumers due to their changing lifestyles and the growing notion that organic products are healthier than conventional ones. Moreover, the growing trend of consuming naturally derived and pesticide-free products will help organic tea sales soar across the world.

Food safety has become a critical consideration for consumers thus organic food which are cultivated naturally without the use of chemical fertilizers, such as organic tea leaf, are regarded safer than conventional tea leaf. This is also helping the organic tea market gain traction.

Furthermore, the organic tea industry is predicted to expand as a result of the rising trend of organic and clean label nutritious beverages.

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Key Takeaways from Market Study

  • Based on product type, herbal organic tea is anticipated to account for over 50% of the market share over the forecast period.
  • The North America organic tea market is expected to register growth at 7.9% CAGR during the forecast period.
  • Europe is expected to account for 3/7th of the global organic tea consumption through 2032
  • Organic tea sold in tea bags is expected to hold a market share of over 40% in the forecast period
  • The supply chain for the organic tea market was severely affected by COVID-19, resulting in a slowdown in sales. However, with the recovery of the economy and rising demand for functional beverages, the market is anticipated to grow significantly.

“Consumers seeking authentic tea experience will result in high demand for specialty tea. This is expected to aid the organic tea market growth,” says a Future Market Insights analyst.

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Competitive Landscape

The global organic tea market is moderately consolidated with the leading players focusing on launching new and innovative teas while strategically partnering and acquiring established players in the business. In addition, they are also expanding their production capabilities to allow consolidation in the market:

  • In October 2019, a leading company selling organic tea, Choice Organic Teas was acquired by Yogi Tea as a strategic move to expand their organic tea business globally.
  • Celestial Seasonings launched TeaWell in October 2019, a product line that combines organic wellness tea with a potent blend of health benefits and exquisite tastes. The range includes a variety of flavours created using a mix of herbs and botanicals. The “Daily Wellness Core” in these products is a combination of four vital ingredients: elderberry, dandelion root, panax ginseng and green rooibos.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global organic tea market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Organic Tea Market by CategoryBy Product Type, Organic Tea Market is Segmented as: 

  • True Tea
    • Black Tea
    • Green Tea
    • Oolong Tea
    • Pu-erh Tea
    • White Tea
  • Herbal Tea
    • Chamomile Herbal Tea
    • Peppermint Herbal Tea
    • Ginger Herbal Tea
    • Lemongrass Herbal Tea
    • Other Herbal Teas

By Form, Organic Tea Market is Segmented as:

  • Dried Leaf
  • Powder Leaf
  • Liquid

By Packaging, Organic Tea Market is Segmented as:

  • Cartons
  • Cans
  • Tea Bags
  • Paper Pouches
  • Other Packaging

By Sales Channel, Organic Tea Market is Segmented as:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region, Organic Tea Market is Segmented as:

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

We Offer tailor-made Solutions to fit Your Requirements, Request Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-14375

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs