Market Research Blog – Page 11462 – New Product Development

Agri Natural Enemy Pest Control Market is estimated at USD 16.6 billion in 2022 and is projected to reach USD 25.1 billion by 2029, at a CAGR of 5.0%| FMI

As per newly released data by Future Market Insights (FMI), the agri natural enemy pest control market is estimated at USD 16.6 billion in 2022 and is projected to reach USD 25.1 billion by 2029, at a CAGR of 5.0%

Agricultural intensification is gaining momentum to meet the global food requirements and adapt to the rapidly changing demands. Change in land use and effects of climate change are necessitating the adoption of agri natural enemy pest control, which significantly help enhance farming systems.

The biological control of arthropods, weeds, and diseases promote the stability and diversity of agricultural communities and aid in reducing synthetic inputs. Moreover, the implementation of agri natural enemy pest control helps manage all residues of conventional pesticides with bio-pesticides. These factors are attracting consumers, thereby accelerating the growth of the agri natural enemy pest control market.

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List Of Key Players Covered in Agri Natural Enemy Pest Control Market are:

Ecolab, Inc.
Bayer
Syngenta
Cook’s Agri Natural Enemy Pest Control
Anticimex
Bayer Crop Science
Certis USA LLC
Dow Chemical
BASF

Key Takeaways from the Agri Natural Enemy Pest Control Market Study

Steady demand for conventional pesticides is likely to be negatively impacted by an upsurge in the popularity of agri natural enemy pest control method.
As of 2017, nearly 93 countries have laid natural farming regulations. Governments are undertaking initiatives for sustainable agriculture by funding research programs that identify pests and analyze the most appropriate control agents.
Adoption of natural and greener products is expected to increase on pace in line with growing government’s sustainable development projects.
Formulations of products for long-term stability could give impetus to the agri natural enemy pest control market growth.
Registration of products remains a big hurdle for key players in the agri natural enemy pest control market. Market players are expected to strategize accordingly and collaborate with regulatory bodies to ease the registration process of biological products.
Leading players in the agri natural enemy pest control market are likely to offer not only products but also allied services.
As compared to developing regions, the sales of agri natural enemy pest control are projected to be higher in countries of North America, Europe, and Oceania.

“Growing consumer awareness regarding adverse effects of chemical pesticides on human health as well as the environment favors the agri natural enemy pest control market fundamentally. As today’s consumers are ready to spend more on food crops that are chemical-free or organic, manufacturers should be looking at a period of sustained demand,” says the research analyst.

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Emerging Market Players to Play a Crucial Role in Product Development

Products required for agri natural enemy pest control varies from region to region, depending upon the local biodiversity. Thus, domestic players in the agri natural enemy pest control market is likely to perform a significant role in formulating biological products that are suitable for a particular area or country, depending on their climatic conditions.

Many leading companies are strategizing to collaborate with local and emerging market players in the agri natural enemy pest control market.
Strengthening the supply chain is essential for emerging players to sustain in the intensely competitive market.

One of the vital factors for emerging players is to study the regional biodiversity and increase the effectiveness of agri natural enemy pest control products for that particular region. Thus, strategic investments in research and enhanced marketing techniques are needed to strengthen the market position. Besides, companies must focus on improving the efficiency of their products for large-scale agricultural purposes.

Detailed Table of Content:

Market Overview
- Market Taxonomy
- Market Definition / Scope / Limitations
Key Market Trends
- Top selling Agri Natural Enemy Pest Control product analysis
- Technology advancement in Agri Natural Enemy Pest Control
Key Success Factors
- Go To Market strategy
- Service framework model Analysis
- Product innovation
- Customer educational programs – Pest issues and basic biology of pest
Global Agri Natural Enemy Pest Control Market – Pricing Analysis
- Regional Pricing Analysis By Control Agents
- Pricing Break-up
- Global Average Pricing Analysis Benchmark

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Global Agri Natural Enemy Pest Control Market Demand (in Value or Size in US$ Mn) Analysis 2014-2021 and Forecast, 2022-2029
- Historical Market Value (US$ Mn) Analysis, 2014-2021
- Current and Future Market Value (US$ Mn) Projections, 2022-2029
  - Y-o-Y Growth Trend Analysis
  - Absolute $ Opportunity Analysis
Market Background
- Macro-Economic Factors
  - Global GDP Growth Outlook
  - Global Per capita Disposable Income
  - Global Urbanization growth matrix
  - Growth Climate Change
  - Growth in Middle Class
  - Global rise in Pest Intolerance Index
- Forecast Factors – Relevance & Impact
  - Top Companies Historical Growth
  - Global Per capita Disposable Income
  - Global Urbanization Growth Outlook
- Value Chain
  - Service Providers
  - Product Distributors
- Market Dynamics
  - Drivers
  - Restraints
  - Opportunity Analysis

TOC Continued…!

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

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T: +1-845-579-5705
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Middle East tourism market valuation stands at US$ 246 billion as on 2022, is projected to grow at a CAGR of 5%, and the valuation is expected to go up to US$ 400.71 billion in 2032

The Middle East tourism market, whose valuation stands at US$ 246 billion as on 2022, is projected to grow at a CAGR of 5%, and the valuation is expected to go up to US$ 400.71 billion in 2032. Being a religious hub and offering tourists an experience of both modern society and ancient spots, the Middle East tourism market is expected to grow.

Middle East is one of the most popular destinations, especially amongst the people residing in Indian subcontinent. Middle East is known for offering a variety of places where we can go for sightseeing, fun activities, and many other things.

The Middle East is mainly located in Western Asia, but there are a few parts that go up to South East Europe and North Africa. The Middle East is mainly characterised by warm climate. The summers are extremely hot, and the temperature goes up to as high as 710C, while the winters are milder.

The beauty about Middle East is that despite being largely a desert area, the region also has rivers, seas, and gulfs. So, without a doubt, the Middle East has everything to offer at our disposal.

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What are the Current Market Dynamics Driving the Demand for Middle East Tourism Market?

If we talk about Middle East, the first thing that we can think about is the Hajj. Muslim devotees from across the world would come for Hajj pilgrimage to Mecca, which is believed to be a sacrosanct site for the Muslims across the world. This is located in Saudi Arabia. This might increase the demand for Middle East tourism.

In the Middle East, Iran is also regarded as one of the most popular holiday destinations. Hormuz Island is a beautiful place which is located here. It is also known as the rainbow island or the Bloody Island of Iran. The most spectacular aspect of this mountain is the Valley of Statue, Red Beach, and the Rainbow Mountains.

The Golestan Palace, which is a perfect example of ancient Persian architecture, is also visited by tourists across the globe.

Also, the pink mosque of Shiraz is something which is one of the most visited places in Iran. The mosque is decorated with multicoloured windows, which makes the entire mosque look outstanding.

Turkey is another country which is meant for its magnificent landscape, and the Ottoman architecture, which makes it one of the most visited destinations.

Istanbul in turkey is widely popular among the tourists. Istanbul is home to some of the most beautiful Islamic architecture. Some of the famous tourist destinations in Istanbul is The Blue Mosque, the Grand Bazaar of Istanbul, and the Hagia Sofia Mosque.

For those who want to visit historical monuments in Turkey, Diyarbakir is the place. The city has a history, which is more than 5000 years old, and has seen 26 different civilisations in this time frame. The place contains some of the most beautiful buildings and mosques, that relate to Roman, Ottoman, and Byzantine civilisation.

For many people, Middle East is synonymous to UAE. Undoubtedly because UAE has a lot to offer for all kinds of tourists.

Dubai, which was once a deserted area, has evolved with time, and is currently one of the most technologically advanced places in the world.

Being a home to Burj Khalifa, calm sand dunes, and Palm islands, Dubai attracts number of tourists. Moreover, if tourists want to visit beaches, they can visit Jumeriah beach.

Dubai is also famous for desert safari. Tourists spend some time in the city outskirts, and visit the sand dunes, while enjoying the cultural shows on the way. Dubai is also studded with nightclubs, bars, and late-night eateries, which makes life in the night time very lively.

Dubai is the place for the adventure lovers as well. There are adventure activities like scuba diving, parasailing, and more near the water bodies.

Next in line is Abu Dhabi. Abu Dhabi is the capital of UAE.

One of the most famous tourist spots is Corniche. It is a waterfront promenade, which is a white sand beach. From the Corniche, we get a spectacular view of the Abu Dhabi skyline.

Ferrari World is one of the hottest tourist destinations in Abu Dhabi. This is the place for adventure as well as entertainment for people of all age groups. The Ferrari world also has the reputation of being the world’s first Ferrari based theme park.

People also visit Warner Bros. world. Even this indoor based theme park has the reputation of being the world’s first ever Warner Bros. branded theme park.

If you want to get a glimpse of the culture and history of UAE, Sheikh Zayed Mosque is the place to visit. The mosque is particularly famous for its grandeur.

Tourists can also get to enjoy fun activities related to water at Yas Waterworld. This place is famous for offering innovative rides.

Qatar is another place that has captured the attention of tourists throughout the world. The wide array of offerings in this region leads to a wide variety of experiences for all kinds of travellers.

One of the most famous destinations in Qatar is Souq Waqif. If tourists want to experience amazing shopping as well as dining experiences, Souq Waqif is the place. The traditional architecture and beautiful art galleries enthral the visitors.

The museum of Islamic arts is another place which is visited by tourists. It has the reputation of having the largest collection of Islamic arts in the world, which are more than 14 centuries old.

Qatar National Museum is also one of the most visited places. The museum displays the culture and heritage of Qatar.

The Pearl is an exquisite artificial island that has an impression of making visitors spell bound by its beauty. This island is a perfect example of larger-than-life image blended with entertainment.

Qatar is also famous for Khor Al Adaid, which is also known as the inland sea. This place can be considered rarest of the rare, as here the white sand desert meets the blue sea. Because of this very reason, this place is a major tourist attraction.

Another major holiday destination in Middle East is Egypt. The home to Pharaohs, tombs, and pyramids, Egypt is widely popular among tourists.

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What is the Regional Outlook for the Middle East Tourism Market?

The Middle East tourism market share is expected to increase in the future. The countries that have been analysed are: Bahrain, Cyprus, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, the Syrian Arab Republic, Turkey, the United Arab Emirates and Yemen.

Turkey is the most visited country in the Middle East, followed by Saudi Arabia and UAE.

Who are Some of the Key Players in the Middle East Tourism Market?

The Middle East tourism market size is anticipated to increase in the future. Some of the key market players are: Explorer Tours, I Love Adventures, Bin Dasmal Tourism LLC, Compass International Tours, Al Majid Travel and Tourism, Expedia, Kurban Tours, Sun and Sand Tourism & Travel, Thomas Cook, Saadi Tours and Travels.

In June 2020, Lisy Donald, the founder of Compass International Tours, was in the news for campaigning for space education.
Fairbridge Capital increases holdings in Thomas Cook India to 72%.

Key Segments Profiled in the Middle East Tourism Market Survey

By Booking Channel:

Phone booking
Online booking
In person booking

By Consumer Orientation:

Men
Women
Children

By Age group:

15-25 years
26-35 years
36-45 years
46-55 years
56-65 years
66-75 years

By Tour type:

Independent traveller
Tour Group
Package Traveller

By Tourist Type:

Domestic
International

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About Future Market Insights (FMI)

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

Contact:

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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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Singapore Tourism Market is projected to garner a revenue of US$ 27 billion in 2022, surpassing US$ 39.9 billion by 2032

The global singapore tourism market is projected to garner a revenue of US$ 27 billion in 2022, surpassing US$ 39.9 billion by 2032, advancing at a CAGR of 4% during the forecast period (2022-2032).

In a country that has the world’s lowest crime rates, the tourism in Singapore is a major industry and contributor to the country’s economy.

According to the Travel and Tourism Competitiveness report 2015, Singapore’s international openness, business environment and travel and tourism policy bestowed it with the 11th rank out of 141 countries. Singapore is safe and environmentally friendly and also preserves natural and heritage conservation programs.

Singapore’s public transport system is one of the most convenient transport services across the globe. It has a well-known Mass Rapid Transit (MRT) transportation system that is extremely convenient for tourists. Fine dining, nature sight-seeing, cultural and historical landmarks, island resorts and several shopping belts are the main tourist attractions in Singapore.

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Singapore Tourism: Sector Forecast and Spend Analysis – Drivers and Restraints

The Singapore government’s initiative in branding the country’s story has deeper roots in its cultural and historical identity. Such brand stories are giving wider scope to appeal to the more demanding consumers. This factor is particularly creating promising growth in the tourism sector in Singapore.

Another notable effort by the Singapore government includes targeting the right tourists – working millennials who include young single tourists or couples who are employed, families with kids, senior citizens, and business travellers. This is creating robust development in the growth of Singapore tourism. Apart from governmental initiatives there are various other factors that are creating robust development in the country’s tourism sector.

Singapore is safe, clean and efficient. It is one of the safest cities because of its stringent laws. There are no religious or racial tensions. More importantly citizens of Singapore can communicate in English, and tourists therefore do not have to face any language barriers. All these factors are attracting a large number of tourists and as a result, tourism is growing at a very fast rate in Singapore. However, there are few things that are restricting tourists from visiting Singapore.

One of the main restraints is the cost factor. Singapore is very expensive. Compared to other Asian countries, hotels, shopping, taxis and eating is very expensive in Singapore. Tourists also feel that the beaches in Singapore are not happening as in Australia. These factors are hampering the growth of the Singapore tourism industry.

Singapore Tourism: Spend Analysis

According to the World Travel and Tourism Council (WTTC), travel and tourism generated a total impact of $US 66 billion of Singapore’s GDP in 2014. The total impact of the travel and tourism sector on the GDP is greater than other sectors such as retail, banking, manufacturing, and automotive. Travel and tourism is a significant source of export revenue for Singapore.

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According to the WTTC, money spent by foreign visitors to a country is a key component of the direct contribution of travel and tourism. In 2014, Singapore generated SGD 23.9 billion in visitor exports

Also, spending on leisure travelling generated 51.0% of the travel and tourism GDP in 2014 (SGD17.6bn). This particular spending is expected to rise by 2.4% pa to SGD 22.6 billion in 2025. Domestic travel spending generated 30.7% of direct Travel & Tourism GDP in 2014 and is expected to grow by 3.0% in 2015 to SGD 10.9 billion, and rise by 3.1% pa to SGD 14.8 billion in 2025.

According to the Singapore Tourism Board, fashion and accessories remained the most popular shopping item in terms of amount spent and popularity. Cosmetics, food items, consumer technology, souvenir and gifts, genuine jewellery and watches and clocks are the other items being shopped for.

This comprehensive report equips readers with lucid information and analysis on the sector. Future Market Insights’ experienced travel and tourism analysts bring to you accurate and unbiased information to help you make crucial decisions with confidence.

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Hong Kong Tourism Market likely to surge at a vigorous 10% CAGR during the forecast period of 2022 – 2032 | FMI

The hong kong tourism market is expected to reach US$ 41.5 Mn in 2032, likely to surge at a vigorous 10% CAGR during the forecast period of 2022 – 2032

he tourism industry is a major contributor to the economy of Hong Kong. Since 2014, growth of tourists from China has decreased, due to which the Hong Kong tourism industry is facing a slowdown.

Also, competition is increasing from destinations such as Europe and Japan, which are frequented by Chinese tourists. However, the government in Hong Kong is taking measures to develop more tourist attractions, thus making Hong Kong one of the most popular tourist destinations.

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Hong Kong Tourism: Drivers and Restraints

Tourists from China constituted the largest group of visitors to the Hong Kong Special Administrative region. This is both a driver and a restraint to the Hong Kong tourism market. Chinese visitors come to the Hong Kong region in order to enjoy the duty free shopping and travel in a world class infrastructure and having not to face the language or other cultural shocks that they may face while travelling in a western country.

However, visitors from China to Hong Kong have been declining since a couple of years due to the recent unrest in the Hong Kong Special Administrative Region for self-rule and tensions with the Chinese population. This unrest has taken its toll on the tourist numbers from the China region.

However, the reputation of Hong Kong as an international financial centre and a preferred destination for regional conferences and conventions has the potential to rebound the negative fall back of the declining tourists from the China region.

Hong Kong Tourism: Spend Analysis

As per the figures released by the World Travel and Tourism Council, in the year 2014, the direct contribution of travel and tourism to the GDP of Hong Kong stood at HKD 204.6 Bn that comprised 9.1% of the total GDP of the region, and this is likely to show an increase by 3.5% per annum during the 10-year period of 2015-2025 and reach a figure of HKD 293.2 Bn – and this will comprise 9.5% of the total GDP of Hong Kong in the year 2025.

As per the same source, in the year 2014, visitor exports generated an amount of HKD 366.6 Bn that comprised 7.5% of the total exports of Hong Kong. Visitor exports are forecasted to increase by 3.6% per annum during the 10-year period of 2015-2025 and reach a figure of HKD 527.8 Bn in the year 2025 and this will comprise 6.6% of the total exports of Hong Kong.

As per the figures released by the Tourism Commission – The Government of Hong Kong Special Administrative Region in the year 2015, a total number of 59.3 million international tourists were received by Hong Kong that represented a decline of 2.5% over the figures of the year 2014.

In the year 2015, China continued to be the source of the largest foreign tourist market, with over 40 million arrivals that accounted for over 75% of the total foreign tourists’ arrival. This represented a decline of 3% over the corresponding figures of the year 2014.

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The overnight visitor per capita spending in the year 2015 amounted to HKD 7234, which represented a decline of 9.1% from the corresponding visitor per capita spending in the year 2014. Average length of stay of overnight visitors was 3.3 nights in the year 2015, which remained the same for the year 2014 as well.

Key Segments Profiled in the Hong Kong Tourism Market Survey

By Booking Channel:

Phone booking
Online booking
In person booking

By Consumer Orientation:

Men
Women
Children

By Age group:

15-25 years
26-35 years
36-45 years
46-55 years
56-65 years
66-75 years

By Tour type:

Independent traveller
Tour Group
Package Traveller

By Tourist Type:

Domestic
International

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India Outbound Meetings, Incentives to Europe Market reached a valuation of US$ 4.4 Bn in 2022 and expected to reach US$ 7.17 Bn in 2032

The india outbound meetings, incentives to europe market reached a valuation of US$ 4.4 Bn in 2022 and expected to reach US$ 7.17 Bn in 2032

India is one the youngest, yet the fastest growing economies of the world. India has a large thriving and vibrant market stuffed with millennial consumers. The newly rolled out open market policies to usher in FDI has impacted the GDP of the country.

India is revamping its infrastructure to develop a comfortable passage for western investors. In the recent past, the bilateral ties between India and Europe have matured. Both the markets are coming closer with every passing day and developing an apt business friendly climate to promote and expedite the flow of business. India and EU are looking to repair the economic corridors between the two most steadily rising economies of the world.

The Free Trade Agreement has bridged the strategic and economic gulf between both the markets and made India one of the most significant business partners of Europe. European exports to India have surged in the last few years. According to the RBI, the Indian exports to European markets amounts to INR 337 billion approximately.

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Apart from the core industries, the Indian tourism sector is extracting the benefits of the developing relationship between these two markets. The development of the tourism sector in India has enhanced the scene of the India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe.

The India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe & Forecast predicts a massive change in market behaviour in the coming few years.

The significant change in the India Outbound MICE tourism market will reap the benefits of the economic bonhomie between India and Europe. It will not only expand the India outbound MICE tourism market to Europe, but this gesture shall surely create a suitable atmosphere for new jobs.

In the recent past, the new market pacts in the tourism segment have encouraged the flow of inbound tourists in Europe from countries such as India. A flourishing tourism market of Europe and longer and stronger business tie-ups between Europe and India are favouring the growth of the India outbound MICE tourism market to Europe.

The Government of India has doled out several investment friendly measures in the last few years. Initiatives such as Make in India and Digital India are complimenting the India MICE tourism market to Europe. In India segments such as Telecommunication and Energy are rising steadily and European investors are queuing up to invest in these maturing sectors.

The Indian business fraternity and bureaucratic teams have travelled to different parts of Europe to promote India’s blooming economy. The new brigade of Indian businessmen is heavily investing in European markets and joining hands with their European counterparts to enhance their global presence.

Companies such as Tata Steel, Motherson Sumi, Mahindra and Tata Motors are contributing greatly to European markets. Several Indian companies in the UK are growing and they have almost doubled their profits in a very short period of time.

India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe & Forecast: Game Changers

There are several factors that are promoting the growth of the India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe. The enhanced business ambience between the fastest growing regions of the world and revamped market policies are helping Indian business houses establish their footprint in the European market.

The booming tourism market of India and the birth of a new breed of deep-pocketed travellers are cementing the ground for the growth of the India outbound MICE tourism market to Europe. Several investment friendly policies rolled out by European countries to woo investors are also speeding up the growth of the India outbound MICE tourism market to Europe.

India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe & Forecast: Restraints

Though the atmosphere and growth prospects between both the regions of the world have evolved with time, the recent Brexit referendum has stalled the growth of the India outbound MICE tourism market to Europe. Several India-based companies are shifting their focus from European markets for fetching better results. European markets are immensely competitive and dominated by powerful countries such as China.

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This is also dampening the flow of outbound investment of India into Europe. The tourism markets in other countries spread across the South-East Asia and Asia Pacific region are cheaper than the European markets and the costly markets of Europe are also barricading the India outbound MICE tourism market to Europe.

India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe & Forecast: Bigwigs

Companies such as Thomas Cook, Itl World, Travel Corporation (India) Ltd. (Tci), and Tybros India Tours Private Limited are some of the key players dominating this segment.

The report offers a 360° view – bringing to the fore key drivers, restraints, opportunities, and challenges prevailing in the sector. To offer readers actionable insights, detailed information on historical trends, current scenario, and future projections is provided in the report.

The report specifically focusses on the leading companies operating in this sector, highlighting their key developmental strategies. A holistic analysis of the leading players is highlighted to help decision makers understand the overall competitive landscape.

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Digital Travel Market is expected to reach US$ 1,618 Bn in 2032 | FMI

The digital travel market reached a valuation of US$ 400 Bn in 2022 and expected to reach US$ 1,618 Bn in 2032, at a 15% CAGR

The digital travel domain across the world is basking with a slew of new customer friendly initiatives that are cementing their base in the extremely competitive travel and hospitality sector. Digital travel sales have soared in the last few years. Insiders are expecting that the digital travel sales will touch a few billion dollars in the forthcoming years. More number of travellers are taking the digital path to reach their coveted tourist destinations.

The digital revolution has opened several new corridors for tourists who are eager to set sail into the unknown. Online travel platforms have empowered consumers as well as hoteliers. A large pool of information and the chance of understanding the contenders are some of the significant factors that are impacting the growth of the digital travel sector. Several studies in the past talked about the changing trends of digital travel.

The emergence of the android market and a massive boost in the number of mobile-friendly consumers are some of the major factors that are significantly changing the demography of the tourism and travel industry around the world.

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The modern breed of travellers is clinging into their mobiles for all travel related activities. Whether it is flight booking or hotel booking travellers are relying on digital platforms rather than the conventional mediums of travelling. The online platforms or digital travel space is filled with latest offers and packages to lure maximum travellers.

To avail some extremely happening offers customers are queuing in on digital travel platforms. The digital travel canvas is populated with several in-depth reviews and blogs on travel destinations and facilities that are extremely helpful for tourists. Apart from this the social media platforms also play an important role for travellers. A traveller’s group on social media or a Facebook page of a luxury hotel can feed in some key information to budding travellers.

Digital Travel: Game Changers

The travel industry is eroded by the digital drive. The digital drive has immensely changed the face of the industry and paved a new way of growth for stakeholders. Digitisation has multiplied the growth of the industry and benefitted it in many ways. The digital boom has equipped a massive population of travellers with apps and user-friendly systems that havetattered the conventional set rules of the travel industry.

The market is flooded with several tourism and hospitality friendly apps that have helped redefine the service quality of the hotel and airline industry and also affected their annual revenues. Advanced cloud computing technology has simplified the entire travel experience of a tourist.

Travel companies today can preserve crucial data related to customer behaviour and can use this to offer enhanced customer experiences. Several hotel chains and tourism companies are doing every bit to ride the digital growth wave. They are using tailor-made apps, customer friendly software and a plethora of digital processes to enhance customer experience.

A glut of travel blogs, pictures and other firsthand accounts of surfers are motivating new travellers and it is changing the dimension of the travel industry. Social media platforms are bustling with travel experiences and travel deals. The sudden boom has created a pregnant market for the travel industry and popularised the concept of digital travel.

Digital Travel: Restraints

Though the concept of digital travel has earned ample accolades in the last few years, there are some hurdles that are likely to muzzle its potential growth going forward. The underdeveloped travel and tourism sector in different parts of the world and a massive population of elderly citizens is creating a vacuum in the digital travel sector. Further, the surge of digital travel is blocked by several natural and manmade disasters that have occurred in the last few years.

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Digital Travel: Bigwigs

The digital travel sector is populated by several customer-friendly apps that are extremely useful for tourists and business insiders. Platforms such as travelpod.com, flickr.com, technocrati.com, 43places.com, and tripmates.com are some of the frequently used sites by tourists and service providers.

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Lotion Tubes Market Experience a Tremendous Growth by Food, Personal Care & Cosmetics and Pharmaceuticals Industry

Lotion tubes are flexible squeezable containers which are capable of storing liquids with less viscosity. The surface of lotion tubes encompasses of several polymers layers and other materials. Lotion tubes give excellent barrier protection and increase the shelf life of the product. Due to this features, the lotion tubes are expected to experience a tremendous demand in volume from various industries such as food, personal care & cosmetics and pharmaceuticals over the forecast period.

Due to the market penetration in several industries, the tubes manufacturers are focusing on enhancing the quality by creating the product more dependable, puncture resistant, flexible, moisture resistant, etc. which can help to increase the market for lotion tubes. Lotion tubes are available in the market with the size ranging from 5ml to 300ml. Lotion tubes are fitted with a wide variety of caps & closures which provide another good feature which contributes to increasing the demand for both the product. Due to all these features of lotion tubes the market is expected to grow by value and volume over the forecast period 2022-2032.

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Global Lotion Tubes – Market Dynamics:

Lotion tubes are getting tremendous demand from various industries such as pharmaceuticals and cosmetics. The global pharmaceuticals industry is growing continuously in recent years which has positively impacted the market for lotion tubes. In addition, these lotion tubes are mainly used for storing pharmaceuticals products such as pain relief cream, anti-fungal cream, oral cream, and other ointments.

The cosmetic industry has also shown an augmentation for the market over the past few years due to the demand for products such as sunscreen lotion, face wash, skin lotions, etc. Moreover, another factor which is supporting the growth of lotion tubes market is the high barrier protection capability due to the usage of several polymer layers in the tubes. However, the market for lotion tubes is mainly facing the challenge from traditional packaging solutions such as pouches and bottles.

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Global Lotion Tubes – Regional Overview:

The global lotion tubes market can be divided into seven major regions which are as follows:

North America
Latin America
Eastern Europe
Western Europe
Asia-Pacific excluding Japan
Japan
Middle East & Africa

North America is expected to dominate the market for lotion tubes by volume due to high demand in the pharmaceutical industry in the region. Europe region is also expected to witness a strong growth for lotion tubes market over the forecast period. Asia-Pacific region is expected to show the highest growth for lotion tubes due to the expansion of pharmaceuticals and cosmetic industry in these regions. Furthermore, Latin America and the Middle East & Africa region are anticipated to witness relatively slow growth over the forecast period for lotion tubes market.

Global Lotion Tubes – Key players:

Few of the key players in the lotion tubes market are Essel Propack Ltd, Montebello Packaging, Alltub SAS,Hoffman Neopac AG, East Hill Industries, Inc, Albea S.A., Jsn Industries Inc, Prisha Tubes Pvt Ltd, Proactive Plast Pvt. Ltd, Auber Packaging Co., Unette Corporation, Eastar Cosmetic Packaging, Ouxinmay Packaging Co., Ltd., Lixin Packaging Material Co., Ltd., Guanyu Plastic Tube Co., Ltd., etc.

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

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The report covers exhaust analysis on:

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

The regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

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Global Lotion Tubes – Market Segmentation:

The global lotion tubes market can be segmented by the material type, by packaging type, and by number of layers.

On the basis of material type, the global lotion tubes market is segmented into:

Plastic
Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polyamide (PA)
Polyvinyl Chloride (PVC)
Ethyl Vinyl Alcohol (EVOH)
Aluminum

On the basis of applicators, the global lotion tubes market is segmented into:

Pin-point applicators
Airless pumps
Roll-on applicators
Slant tip applicators
Brush-tip
Others (sponge base applicators, etc.)

On the basis of layers, the global lotion tubes market is segmented into:

2 layers
3 layers
5 layers and above

On the basis of end use, the global lotion tubes market is segmented into:

Pharmaceuticals
Personal Care & Cosmetics
Food
Homecare
Others (Chemicals, etc.)

Report Highlights:

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

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Future Market Insights (ESOMAR certified market research organization and a member of 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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Shipping Tapes Market is Anticipated to Grow 1.6x to Reach US$ 27.6 Bn by 2032

According to Future Market Insights (FMI), sales in the shipping tapes market are expected to surge at a CAGR of 4.3% in the forecast period from 2022 to 2032. The global shipping tapes market is set to reach US$ 18.1 Bn in 2022 and be valued at US$ 27.6 Bn in 2032.

In any business, if the frequency of shipping packages is more, it is important to avoid accidents by using the best shipping tape. Shipping tapes are ideal for mailing and shipping packages that may experience multiple rough handling or touch points.

Every business, consumer, manufacturer, retailer, or distributor may have different preferences and needs when it comes to tapes. There are various types of shipping tapes available with different adhesives and materials. Shipping tapes can be easily customized as per the customer’s requirements. Also, customizable printing on shipping tapes will help to build brand recognition across the globe.

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Increasing demand for third-party logistics providers (3PL) with modern technologies to ensure seamless execution in the supply chain is set to aid growth. Companies are demanding for a novel packaging solution that would bring down their cost and help manage their supply chain efficiently. Throughout the supply chain, shipping tapes help in keeping the packaged goods intact and safe, which would further boost sales in the market.

Availability of innovative shipping tapes with barcode labels will help to keep track of packages. It is also a fast and reliable option for businesses to collect data and reduce human errors.

It will be helpful in shipping & transportation, product identification, and inventory tracking & management applications. Shipping tapes with barcode labels have proven to be less expensive and can lower the unnecessary cost of a company, which would push growth in the market.

“Owing to rising consumer preference and stringent environmental regulations, demand for eco-friendly and biodegradable shipping tapes has increased. Also, manufacturers are focusing on launching sustainable shipping tapes which is expected to bolster the global shipping tapes market,” comments a FMI analyst.

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Security Driven Packaging Trends in Pharmaceutical and Food Industries to Drive the Shipping Tapes Market

Counterfeiting and low shelf life of products are two major concerns of end users, especially during long distance transits. To ensure safe deliveries, it is essential to adopt secure packaging solutions. Fluctuation in temperature and harsh environmental conditions can contaminate the product. Thus, the need to seal containers is important, which is further encouraging manufacturers to use shipping tapes for sealing their packages.

Pharmaceutical shipments require secure tertiary packaging to ensure that the products arrive undamaged. Many lives are dependent on the packaging that protects drugs during their shipment.

Security in packaging is critical for the pharmaceutical sector. If the shipment does not go as planned, it can harm the patient’s health as pharma products must arrive within the required storage conditions and at the right time. Shipping tapes help in safeguarding the outer packaging and maintaining the integrity of the package, which would drive the market.

Key Takeaways: Shipping Tapes Market

As per end use, the e-commerce segment is expected to generate a shipping tapes market share of 24% by 2032 with rising preference among people for online shopping.
Sales of acrylic adhesives are expected to increase 1.5x the current sales owing to their low cost and wide accessibility in end-use industries.
South Asia & East Asia are set to be the biggest markets for shipping tapes due to increased shopping through e-commerce platforms.

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Adoption of Omni Channel Model by Retailers to Augment the Shipping Tapes Market
Retailing has become more popular with the increasing internet usage worldwide. Online shopping enable people to get their ordered products right at their doorstep.

The retail sector is growing astonishingly as various companies are expanding their stores and opening advanced facilities in untapped areas. The majority of the unorganized retail outlets are gradually merging with big retail supermarkets, hypermarkets, and similar other retail chains.

Many retailers are set to operate on the omni channel model and aim to fit in both online and offline channels. Increasing purchasing power of consumers and rising investment opportunities in the retail sector are driving the demand for shipping tapes.

Competitive Landscape: Global Shipping Tapes Market
Some of the leading companies present in the global shipping tapes market include 3M Company, Intertape Polymer Group Inc., Shurtape Technologies LLC, tesa SE Group, Nitto Denko Corp, Berry Global Group Inc., Scapa Group plc., Bolex (Shenzhen) Adhesive Products Co. Ltd., Vibac Group S.p.a., Ultratape Industries Inc., Shanghai Yongguan Adhesive Productions Corp.,Ltd., Pro Tapes & Specialties, Inc., Maxfel S.R.l, NEUBRONNER GmbH & Co.KG, Loytape Industries SDN.BHD., Papertec, Inc., Windmill Tapes & Labels Ltd., Holland Manufacturing Co. Inc., Avery Dennison Corporation, and American Biltrite Inc.

Shipping Tapes Market Outlook by Category

By Adhesive Type:

Natural Rubber
Acrylic
Others (Hot Melt, Water-Activated Tape, etc.)

By Backing Material:

Paper
Plastic
Others (Metal Foil, Glass Fiber, etc.)

By End Use:

Food & Beverages
Pharmaceuticals
Building & Construction
E-Commerce
Cosmetics & Personal Care
Electrical & Electronics
Shipping & Logistics
Others (Textile, Agriculture, etc.)

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More Valuable Insights on the Global Shipping Tapes Market
Future Market Insights, in its new report, offers an unbiased analysis of the global market for shipping tapes by adhesive type (natural rubber, acrylic, and others (hot melt, water-activated tape, etc.)), by backing material (paper, plastic, and others (metal foil, glass fiber, etc.)), and by end use (food & beverages, pharmaceuticals, building & construction, e-commerce, cosmetic & personal care, shipping & logistics, electric & electronics, and others (textile, chemicals, etc.)) across seven regions.

Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background

3.1. Market Dynamics

3.2. Impact of COVID-19

3.3. Value Chain Analysis

3.4. Regulatory Landscape

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Carbonless Paper Market are Expected to have a Positive Outlook in the Forecast Period 2022-2032

Carbonless papers consists of sheet of paper is a coated paper used to transfer information from one paper to another. Carbonless papers duplicates the markings made to top sheet, when certain amount of pressure is applied on it through writing or impact printing. Carbonless paper is coated with micro-encapsulated dye or ink on the top sheet.

Carbonless papers are suitable for digital printing, compatible with laser, and inkjet printers. The carbonless paper market outlook is expected to be positive during the forecast period. Carbonless papers are used for invoices which can be printed through digital or offset printers.

Manufacturers are providing carbonless paper which has very less effect of temperature and humidity. Two part form of carbonless paper includes safety paper and self-contained sheet which contains cushioning material, color forming capsules, and color developer

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Carbonless paper is coated with eco-friendly coating to eliminate the requirement for carbon paper. The significant shift in manufacturer’s preference towards usage of sustainable products is inclining consumer’s choice regarding variety of products. Due to increment in brand value preference and marketing strategy, actions concerning environmental impact and bio-degradability are becoming priority.

Despite Inclination toward Digital Formats, Carbonless Paper to Maintain its Foothold in the Global Market

Increasing use of digital formats more than print media, is also expected to affect the consumption of carbonless paper negatively. As it replicates the exact form written or printed, it prevents alteration. Carbonless papers are majorly used in institutions, as they are required to maintain records in all the places. Thus, to avoid the unnecessary work of scanning and photocopy, institutions prefer carbonless paper pads or notebooks. Many business forms still using the carbonless papers, wherein avoiding the chances of alteration even in print media. Carbonless papers are available in reel and roll form. The high quality printing ensures that carbonless papers have high tear strength as well as easy printing. The demand for security papers is increasing owing to increment in international tourism, which further accelerates the growth of carbonless paper market.

Carbonless Paper Market: Key Players & Trends

Manufacturers in the carbonless paper market are providing different types of customizable papers according to the requirement of end user. Some of the manufacturers in the global carbonless paper market are Koehler Paper Group, Mitsubishi HiTec Paper Europe GmbH, P. H. Glatfelter Company, and Jinyi Paper Co., Ltd.

Carbonless Paper Market: Regional Outlook

In Americas, North America is expected to lead in terms of market share in the next decade, wherein, U.S. to hold majority of value share during the forecast period. In emerging regions, the carbonless paper market is expected to grow at a faster rate as compared to other regions. India and China are expected to witness significant change during the forecast period, owing to consumer’s inclination toward sustainable products. The European region is expected to witness stagnant growth in the carbonless paper market, owing to saturated paper market scenario. The Carbonless paper market in the Middle East & Africa region is expected to lead by GCC Countries, followed by South Africa. In Latin America, Mexico is anticipated to expand at higher growth rate than other countries, in terms of paper-based products owing to shift in consumer preference. Carbonless paper market is expected to witness moderate growth rate in Germany and USA, wherein, quite higher growth rate in China, India, and Mexico during the forecast period.

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, macroeconomic indicators and governing factors along with carbonless paper 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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Regional analysis includes –

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

Carbonless Paper Market: Segmentation

On the basis of basis weight, global carbonless paper market has been segmented as

<30 gsm
31-60 gsm
61-90 gsm
>90 gsm

On the basis of paper type, global carbonless paper market has been segmented as

2 Parts
3 Parts
4 Parts
Tailored Paper

On the basis of end use, global carbonless paper market has been segmented as

Institutions
- Financial Service Providers
- Banks
- Healthcare Institutes
- Government Organizations
- Postal Services
Educational
Business
- Invoices
- Receipts
Households

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Report Highlights:

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

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Wheeled Bins Market is Projected to Exceed US$ 9.1 Billion in 2032

The waste handling and increasing demand for mobile containers for catering is expected to boost the wheeled bins market growth. Wheeled bins are available in different types of capacity, colors and patterns, which also includes number of wheels such as 2-wheeled bins or 4-wheeled bins. Wheeled bins are used for various applications in industries including food, beverages, and pharmaceuticals.

The outlook for the growth of the global wheeled bins market is expected to be moderate during the forecast period. The wheeled bins with spherical base provide easy as well as hygienic disposal of food waste, liquid slopes, residual waste, and organic waste. Manufacturers in the bin system industry are offering wide range of design options for consumers for better convenient handling. Leading players are providing printing and marking through embossing, thermo transfer imprinting, stickers, and embossing.

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Global Wheeled Bins Market: Dynamics

The increasing usage of mobile containers in different end user industries is fueling the demand for wheeled bins. Wheeled bins are resistant to low & high temperatures and to other chemicals. The UV resistant properties of material used for wheeled bins manufacturing are increasing the growth of the market. Wheeled bins can be embedded with smart labels to provide more convenience to end users. The global wheeled bins market is expected to witness moderate growth during the forecast period. Metal wheeled bins are mainly used for industrial purposes, which can be to store some components or to collect waste. Plastic wheeled bins are mainly used for waste collection. Cleaning processes of wheeled bins should have efficient procedure to ensure safety and hygiene. Wheeled bins market is expected to grow at a significant compound annual growth rate during the forecast period. The wheeled bins with capacity more than 300 liters are used for industrial purpose. Wheeled bins offer an efficient, safe and secure storage of waste for commercial and trade premises.

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Key Segments Profiled in the Wheeled Bins Industry Survey

By Material Type:

Metal
Plastic

By Product Type:

Flat Top
Roll Top

By Capacity:

<60 Liters
60-240 Liters
241-540 Liters
>540 Liters

By Application:

Catering
Waste Collection
Others

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By Region:

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

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