Magnesium Chloride Market valuation to reach US$ 580.3Mn by 2031

The global magnesium chloride market is anticipated to expand at a steady 4.3% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Growing demand for deicing services is boosting demand for magnesium chloride. Owing to the increasing demand from deicing and chemicals & derivatives sector is expected to remarkably contribute towards the expansion of the magnesium chloride market.

Surging demand for magnesium chloride from the specific regions with extreme cold weather conditions is driving the market. Magnesium chloride is hygroscopic in nature and quickly absorbs the moisture from the environment which makes it suitable for the various industries such as construction, dust suppressants.

Growing construction and mining industry is expected to boost the demand for the magnesium chloride owing to its extensive usage to minimize the dust at industrial area.

Magnesium chloride is widely used across various industries for diverse applications, including deicing, dust suppressants, chemicals & derivatives, building materials, pharmaceuticals, food & feed & others. Magnesium chloride is widely used in the construction industry along with the pharmaceutical sector which is expected to boost the market in the forecast period.

According to the report, the global magnesium chloride market is expected to reach more than US$ 580.3 Mn by the end of 2031, at a compound annual growth rate of 4.3% during the assessment period.

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Geographically, the market is predicted to be dominated by East Asia, which is expected to continue in the future evaluation period. Backed by the aforementioned factors, the global magnesium chloride market is projected to top US$ 580.3Mn by 2031.

Key Takeaways:

  • By grade, demand for industrial Magnesium Chloride is expected to surge at a 4.1 % CAGR over the forecast period.
  • The food & pharmaceutical grade Magnesium Chloride segment is projected to hold approximately 27% of the total market share in 2021.
  • Deicing segment of Magnesium Chloride market is anticipated to grow at 4.5 % CAGR through 2031.
  • Magnesium Chloride Market in the U.S. is anticipated to reach US$ 105.8 Mn by year in 2031.
  • China will emerge as an attractive Magnesium Chloride market, with sales growing at a 6.1 % CAGR in 2021.
  • Liquid form of Magnesium Chloride is expected to account for over 26.9% of the East Asia Magnesium Chloride market share in 2021.
  • Japan and South Korea will collectively account for 7% of the total Magnesium Chloride market share through 2021.

“Over the assessment period, sales of magnesium chlorides are expected to be driven by the growing application in deicing and chemicals industries. Besides this, the demand in the followed by construction and pharmaceuticals sectors also will create attractive sales prospects” says an FMI analyst.

Competitive Landscape

Key participants in the global magnesium chloride market elaborated in the report includes Israel Chemicals Ltd., K+S Aktiengesellschaft, Compass Minerals International, Inc., Shandong Haihua Group Co. Ltd., Huitai Investment Group Co., Ltd, Intrepid Potash, Inc., Tianjin Changlu Haijing Group Co., Ltd, DEUSA international GmbH, Nedmag B.V, Nikomag OJSC and others.

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Leading players are focusing on collaborations, mergers, and acquisitions to expand their production facilities and distribution channels. For instance:

  • K+S Aktiengesellschaft decided to provide heavy investment to a new salt brine field in the Netherlands. The new brine field is expected to be developed for directional drilling by 2019 and operational by 2021 end. It will further improve the company’s production capacity by 25% and bring the production level to 1.2 million tpa.

More Insights into the Magnesium Chloride Market Report

In its latest report, FMI offers an unbiased analysis of the global Magnesium Chloride market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product form (liquid & solid), grade (industrial & pharmaceuticals), and applications (deicing agent, dust suppressants, chemicals & derivatives, building materials, pharmaceuticals, food & feed and others) across six regions (North America, Latin America, Europe, East Asia, South Asia Pacific and Middle East & Africa).

Magnesium Chloride Market by Category

By Product Form:

  • Liquid
  • Solid
    • Flakes
    • Prills/Pellets

By Grade:

  • Industrial
  • Food & Pharmaceuticals

By Application:

  • Deicing Agent
  • Dust Suppressants
  • Chemicals & Derivatives
  • Building Materials
  • Pharmaceuticals
  • Food & Feed
  • Others

By Region:

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

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. Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product innovation & Diversification

4.3. Marketing and Brand management

4.4. Supply Chain Management

to be continued…!

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 Us:

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T: +1-845-579-5705
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Elaeis Guineensis (Palm) Fruit Extract Market is is likely to surge at a CAGR of 6.1% during forecast period of 2022-32

The  elaeis guineensis (palm) fruit extract market is expected to reach USD 59.08 billion in 2032, and is likely to surge at a CAGR of 6.1% during forecast period of 2022-32

Elaeis guineensis (palm) fruit extractis the extracted product from palm oil. Elaeis guineensis (palm) fruit extract can be performed through various methods. Elaeis guineensis (palm) fruit extract are primarily have two type of extracts such as oil and bioactive compounds.

There is a greater demand can be seen in the market for its oil only. Palm oil is primarily categorized into three different segments such as palm kernel oil and elaeis guineensis (palm) fruit extract crude palm oil.

Elaeis Guineensis (palm) fruit extracts are primarily used in food & beverage, cosmetic & medicine industry. Elaeis guineensis (palm) fruit extracts are rich in antioxidants which helps in natural skin toning. It is believed h ave the capability to slower the process of aging by using Elaeis Guineensis (palm) fruit extracts due to its antioxidant property.

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A palm fruit contains tocochromanols in the range of 150-160 mg of and almost 30 mg of carotenoids. It is considered healthy for human body. Thus elaeis guineensis (palm) fruit extract has a significant usage in various industries including cosmetic, food & beverages etc. The supplements made from Elaeis Guineensis (palm) fruit extracts are believed to have skincare, and haircare property and also helps in reducing wrinkles & lines on skin.

Elaeis Guineensis (Palm) Fruit Extract Market: Market Dynamics

Growing consumer awareness for health & safety is sky touching. With their growing knowledge, consumers are now focusing on such products which are either natural or organic. This has a serious effect on market. In today’s world, consumers are looking for natural or organic food products, natural cosmetics etc.

Growing demand for natural or organic products has forced the manufacturers to come up with relevant products or products with such ingredients. Consumers prefer to use oil with health benefits for cooking, natural food products to eat etc. The usage of Elaeis Guineensis (palm) fruit extract oil is growing in all regions at a significant pace due to its health beneficial properties.

Elaeis Guineensis (Palm) fruit extract is also growing in market due to its beneficial properties for human body whether it is skincare, haircare or for human health. Elaeis Guineensis (Palm) fruit extract contains healing agents, regenerating or revitalizing agents, antioxidants, anti-aging and anti-acne care properties which drives usage in natural cosmetic products. Due to the growing market demand, manufacturers are producing the Elaeis Guineensis (Palm) fruit extracts.

Higher degree of concentration in terms of palm tree cultivation has been seen in Asia Pacific. Popularity of Elaeis Guineensis (Palm) fruit extracts is growing due to its heavy usage into cosmetic & food & beverages industry.

Elaeis Guineensis (Palm) Fruit Extract Market: Regional Outlook

Changing lifestyle and growing health & fitness consciousness generate demand for natural and organic products across the world. Developed countries such as North America, Europe are the key countries are believed to have the highest rate of usage of Elaeis Guineensis (palm) fruit extracts. Europe’s higher cosmetic companies’ concentration have also drive the Elaeis Guineensis (ealm) fruit extract market for the particular region.

Asia Pacific is believed to have a significant growth rate for Elaeis Guineensis (palm) fruit extract companies due to the higher degree production of palm trees in Indoneisa and Malaysia. The end product demand is estimated to generate from China, Japan, India, Korea, and other countries in this region. Malaysia & Indonesia have more than 50% of the total palm production in the world. The Middle East & Africa is projected to contribute a significant share of the global market over the forecast period.

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Elaeis Guineensis (Palm) Fruit Extract Market: Key Players

Some of the major players in the Elaeis Guineensis (Palm) Fruit Extract market are Connoils USA, Oil Palm India Ltd., AMJ Indonesia, PT Global Interinti Industry, Soon Soon Oilmills Sdn Bhd, Mewah Group and others. These key market players are estimated to enhance the Elaeis Guineensis (Palm) fruit extract market growth with innovative product formulations and its launch.
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 Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

Toc Continued………
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
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OEM Insulation Market Outlook, Current and Future Industry Landscape Analysis 2028

According to a new research report by Future Market Insights, the global OEM insulation market is expected to reach a market value of over US$ 19,500 Mn by the end 2028, growing at a CAGR of 4.5% during the forecast period. As increasing urbanization and industrialization has bolstered the growth of developing regions, applications in automotive, consumer appliances and HVAC sectors have boosted rapidly, posing a direct impact on the demand for OEM Insulation.

OEM Insulation Market Size (2021) US$ 14.5 Bn
Sales Forecast (2028) US$ 19.6 Bn
Global Market Growth Rate (2022 to 2028) 3.9% CAGR
Share of Top 5 OEM Insulation Providers 40%

There has also been a significant increase in the construction projects globally in residential and commercial sector that depicts leading growth of HVAC systems in the global OEM insulation systems. HVAC systems cover a major part of the demand for OEM insulations.

The sector holds a dominating position in the global market owing to their cost and energy efficiency. The need for installation of HVAC systems has also called for considerable use of interior insulation systems to counter any external noise/adverse climatic conditions which can affect the subject matter.

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Asia’s Prime Focus on Infrastructural Investments Entitles it to be the Leading Region

The rampant industrial requirements in the developing regions like Asia, shows the clear picture of the OEM Insulation Market’s progress in the upcoming years. The key factors poised to drive growth in the region include rising public and private investments in industrial, energy, oil & gas, petrochemical and food and beverage sectors; increased focus of local governments on enhancing the industrial output; legislation of incentives to jumpstart the manufacturing sector, such as, development of SEZs, industrial corridors, and industrial clusters and provision of subsidies and tax cuts for manufacturing groups and industrial corporations.

Among the leading countries in Asia, India is expected have a foremost role to play in the global OEM insulation market.  According to the regional forecast by FMI, India is expected to grow at an impressive CAGR of 5.6% during the forecast period. However, in terms of market value, North America being one highly developed region, holds the largest market value by the end of 2028.

Key players to Get the Most Out of Eco-Friendly Insulation Trends

The global market for natural and eco-friendly insulating materials is projected to have a highly lucrative market. The move is in response to the up gradation of manufacturing techniques taking place. In order to gain competitive edge over the other and to reap the maximum benefits, market players are channelizing their efforts in order to develop value added products with increased efficiency. Inclination towards the trend of eco-friendly insulation is one of such moves. Many players are also a part of various collaboration activities, which enables the market player to adopt one’s competencies and further drive the market.

Some of these dominating players mentioned in the report are Rockwool Group, BASF,  Evonik, Paroc Group Oy,  Owens Corning Insulating Systems, LLC,  SAINT-GOBAIN,  Armacell International S.A,  Johns Manville Corporation, ACH Foam Technologies, LLC,  Henry Company, Shannon Enterprises of Western New York Inc., Styrotech, Inc.,NCFI Polyurethanes and more. The future projections may reveal many more trends that companies may look up to in order to surpass other companies and their growth.

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Key Segments Covered in OEM Insulation Industry Survey

OEM Insulation Market by Material:

  • Glass Wool
  • Mineral Wool
  • Foamed Plastics
  • Others

OEM Insulation Market by Insulation Type:

  • Blankets
  • Rolls & Batts
  • Loose Fill & Others

OEM Insulation Market by End Use:

  • Aerospace
  • Automotive
  • Marine
  • HVAC Equipment
  • Building & Construction
  • Consumer Appliances
  • Other Industrial

OEM Insulation Market by Region:

  • North America OEM Insulation Market
  • Latin America OEM Insulation Market
  • Europe OEM Insulation Market
  • East Asia OEM Insulation Market
  • South Asia & Pacific OEM Insulation Market
  • Middle East & Africa (MEA) OEM Insulation Market

Table of Content

  1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

  1. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Analyst Credentials

2.4. About FMI

  1. OEM Insulation Market Background

to be continued…!

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 Us:

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/oem-insulation-market
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Smoke and Carbon Monoxide Alarm Market is expected to generate US$ 5.38 billion by the end of 2032

During the forecast period, the smoke and carbon monoxide alarms market is anticipated to expand at a moderate CAGR of 8.8%. The global market is expected to generate US$ 2.52 billion in revenue in 2022, and US$ 5.38 billion by the end of 2032.

Global Smoke and Carbon Monoxide Alarm Market: Overview

Increasing man-made accidents in industries and companies has created an intensified need of safety devices such as smoke and carbon monoxide alarms. Smoke and carbon monoxide alarm generate an audible or visual warning after detection of smoke or carbon monoxide. Most of the industries, corporates and residential areas are principally engaged in installing smoke and carbon monoxide alarm in the building infrastructure for ensuring safety of buildings. The smoke and carbon monoxide alarms are witnessing a significant growth in the residential as well as commercial segment due to increasing public awareness towards infrastructural safety.

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Global Smoke and Carbon Monoxide Alarm Market: Market Dynamics

Drivers for Smoke and Carbon Monoxide Alarm Market

Rise in government initiatives regarding fire safety awareness and technological advancements in smoke and carbon monoxide alarms are the key drivers positively influencing the growth of the smoke and carbon monoxide alarm market. Increasing spending on infrastructural safety of commercial segment is propelling the growth of the market. On other hand, rise in disposable income in Asia Pacific region and MEA is increasing installation of smoke and carbon monoxide alarms in the residencies are some of the factors expanding the demand of the products in market during the forecast period.

Trends for Smoke and Carbon Monoxide Alarm Market

Continuous innovation and features addition such as temperature sensor, and high battery backup in the product and other features addition in smoke and carbon monoxide alarm are key trend adopted by the smoke and carbon monoxide alarm market players.

Opportunities for Smoke and Carbon Monoxide Alarm Market

Increasing e-commerce penetration in the developing countries and rise in promotional activities by the manufactures is expected to positively influence the sales of the smoke and carbon monoxide alarm market during the forecast period. Moreover, increasing urbanization, smart city projects as well as expanding spending on mall infrastructure in the developing countries such as India, Brazil, Mexico, and others is expected to register new growth opportunities for the smoke and carbon monoxide alarm vendors during the forecast period.

Challenges for Smoke and Carbon Monoxide Alarm Market

However, high cost of replacement of traditional smoke and carbon monoxide alarm with advanced may hamper the growth of smoke and carbon monoxide alarm market.

Global Smoke and Carbon Monoxide Alarm Market: Key Players

Some of the key players operating in the global smoke and carbon monoxide alarm market are Kidde, Google Nest, FireX, FireAlert, Public Service Enterprise Group Incorporated, Onelink, Berkshire Hathaway, Safewire, Rishil Worls, Myalarmcenter, Vivint, Protect America, ADT Security Services, and Defenders among others. These players are expected to positively influence growth of the smoke and carbon monoxide alarm market during the forecast period.

Smoke and Carbon Monoxide Alarm Market: Regional Outlook

North America is expected to hold a significant share in global smoke and carbon monoxide alarm market due to presence of significant amount of players in the region. Moreover, technology advancement pertaining to infrastructural safety is positively influencing the growth the smoke and carbon monoxide alarm market in the region. Smoke and carbon monoxide alarm market in Europe is expected to hold a significant value share in the global market due to presence of large number of manufacturing industries and corporate offices. Rapid growth of the economy of countries in Asia Pacific region, such as China, India and other is witnessing a significant growth of the smoke and carbon monoxide alarm market in the region. Players in smoke and carbon monoxide alarm market are penetrating in the Latin America due to increasing industrialization, rise in per capita spending, and growing urbanization in the region.

The report on smoke and carbon monoxide alarm market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report on Smoke and Carbon Monoxide Alarm market provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Regional analysis for the smoke and carbon monoxide alarm market includes

  • North America Smoke and Carbon Monoxide Alarm Market
    • U.S.
    • Canada
  • Latin America Smoke and Carbon Monoxide Alarm Market
    • Mexico
    • Brazil
    • Rest of Latin America
  • Western Europe Smoke and Carbon Monoxide Alarm Market
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Nordic
    • Benelux
    • Rest of Western Europe
  •  Eastern Europe Smoke and Carbon Monoxide Alarm Market
    • Poland
    • Russia
    • Rest of Eastern Europe
  • SEA and other APAC
    • Australia and New Zealand (A&NZ)
    • India
    • ASEAN
    • Rest of SEA and other APAC
  • Japan
  • China
  • Middle East and Africa Smoke and Carbon Monoxide Alarm Market
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA

Global Smoke and Carbon Monoxide Alarm Market: Market Segmentation

On the basis of power source, the global smoke and carbon monoxide Alarm market has been segmented as –

  • Battery-Operated
  • Wired

On the basis of sensor type, the global smoke and carbon monoxide alarm market has been segmented as –

  • Ioniozed
  • Photoelectric
  • Others

On the basis of price range, the global smoke and carbon monoxide alarm market has been segmented as –

  • Economy
  • Mid-Range
  • Premium

On the basis of sales channel, the global smoke and carbon monoxide alarm market has been segmented as –

  • Wholesalers/Distributors
  • Specialty Stores
  • Multi-Brand Stores
  • Independent Small Stores
  • Online Sales Channel
  • Others

On the basis of end use, the global smoke and carbon monoxide alarm market has been segmented as –

  • Manufacturing Industry
  • Corporates
  • Residential
  • Public Transportation Stations
  • Educational Institutes and Training Centers
  • Government Offices
  • Monuments, Heritage Sites And Public Parks
  • Shopping Complexes
  • Others

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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T: +1-845-579-5705
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Disposable Electric Toothbrushes Market will be reaching a value of about US$ 6.5 Bn by 2032

The disposable electric toothbrushes market is anticipated to increase at a high CAGR of 8.1% (2022-2032), reaching a value of about US$ 6.5 Bn by 2032. In the modern days, toothbrushes are better equipped with technology that makes them more efficient. The world is considering the usage of electric toothbrushes for efficient dental care and there is one advanced product which is disposable electric toothbrush. The development of gingivitis is a primary concern as it results in the formation of plaque.

Disposable electric toothbrush is more beneficial as compared to manual brushes as it is integrated with superior technologies, such as rotation oscillation or sonic, to remove plaque. The ease of use of disposable electric toothbrush also makes it a smarter choice over manual toothbrushes despite its higher price.

Health-conscious people prefer disposable electric toothbrush over a regular toothbrush. Moreover, people suffering from arthritis or similar medical conditions find it less painful. The hi-tech features of an electric toothbrush include several brushing modes that are specialized for whitening, sensitive teeth, etc., pressure signals when brushing too hard, digital reminders for replacing brush heads, etc.

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Disposable Electric Toothbrushes Market: Market Dynamics

Increase in awareness about oral hygiene and periodontal diseases such as plaque build-up to increase the life of the teeth are among factors driving the global disposable electric toothbrush market. Growing oral health concerns among senior citizens, patients, and children owing to periodontal diseases are promoting the usage of oral hygiene products, which is generating high demand for disposable electric toothbrushes.

According to Centers for Disease Control and Prevention (CDC), 50% of Americans aged 30 years and above suffer from a periodontal disease, which is approximately 64.7 million people. As a result, increasing awareness about the advantages of disposable electric toothbrushes is driving the disposable electric toothbrushes market.

Innovation and technological advancements are also contributing to the growth of the global disposable electric toothbrush market. Manufacturers of disposable electric toothbrush are focusing on the designing of innovative products. The use of sonic and ultrasonic technology for the manufacturing of electric toothbrushes is driving the market. Moreover, disposable electric toothbrushes are equipped with batteries which and indicators which provide reminders about the disposing of toothbrushes.

There is a rising customer preference for advanced oral hygiene product and rise in the disposable income of the middle-class population across the globe has led to changing customer approach towards the treatment of dental disorders. Customer preference has become a major focus for companies operating in the oral hygiene products market.

Hence, companies are focusing on launching innovative advanced oral care products in the market such as electric toothbrushes, disposable electric toothbrushes, dental creams, dental floss, fresh breath strips, and other products.

One restraint which may hamper the growth of disposable electric toothbrush is, it high cost as compared to manual toothbrushes. Manual toothbrushes are priced lower than disposable electric toothbrushes. In addition, the prices of disposable electric toothbrushes range from approximately US$ 15 to US$ 25.

Finding the right disposable electric toothbrush is not an easy task as there are very limited players in market. On the other hand, manual toothbrushes are cost-effective. They usually cost US$ 1 to US$ 3.

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Disposable Electric Toothbrushes Market: Regional Outlook

Consumers from all the geographies are shifting towards the advanced technological products and due to which there will be a healthy growth of disposable electric toothbrushes market.

The disposable electric toothbrush market is expected to register a healthy growth across all the geographies during the forecast period. The health and hygiene and wellness industries across the globe likely to push market for disposable electric toothbrush market. The East Asia represents a considerably high market share for disposable electric toothbrush, and the disposable electric toothbrush market is expected to grow at a significantly high growth rate due increasing awareness about the oral health. China and India’s developing market is expected to have a positive impact on the growth of the disposable electric toothbrush market.

Disposable Electric Toothbrushes Market: Key Players

Some of the major players in the disposable electric toothbrushes market are Arm & Hammer, The Proctor and Gamble, Colgate Palmolive Company, and others.

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

The Disposable Electric Toothbrushes market report covers exhaustive analysis on:

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

The Disposable Electric Toothbrushes regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
  • South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Disposable Electric Toothbrushes 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 for Disposable Electric Toothbrushes provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The Disposable Electric Toothbrushes market report also maps the qualitative impact of various market factors on market segments and geographies.

The disposable electric toothbrushes market is segmented into different parts based on the end user, sales channel and Geography.

Based on bristle type, the disposable electric toothbrushes market is segmented into:

  • Ultra-Soft
  • Soft
  • Medium

Based on end user, the disposable electric toothbrushes market is segmented into:

  • Adults
  • Kids

Based on Sales Channel, the Disposable Electric Toothbrushes market is segmented into:

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Drug Stores & Pharmacies
  • Independent Departmental Stores
  • Convenience Stores
  • Online Retailers
  • Other Sales Channel

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Frequently Asked Questions

  • What is the Growth Outlook for the Disposable Electric Toothbrushes Market?
  • What is the Share of the Disposable Electric Toothbrushes Market?
  • Which is the Key Driver in the Disposable Electric Toothbrushes Market?

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

Contact:

Future Market Insights Inc.
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Digital BBQ Tongs and Thermometer Market is expected to reach US$ 8.54 Bn by the end of 2032

The digital BBQ tongs and thermometer market is expected to register a CAGR of 4.5% during the forecast period, up from US$ 5.4 Bn in 2022 to reach a valuation of US$ 8.54 Bn by 2032.

The digital BBQ tongs and thermometer market is anticipated to show promising growth prospects during the forecast period.

Sales of digital BBQ tongs and thermometer is expected to rise due to technological advances in BBQ tongs and thermometers, rising awareness about health, and disposable income.

Sales of digital bbq tongs and thermometers are expected to rise as e-commerce channels expand, and consumers’ preferences for online purchasing grow. Increased consumer awareness about health is driving the sales of digital BBQ tongs and thermometers while contributing to the overall digital BBQ tongs and thermometer market share.

The industry is expected to be fueled in the near future due to manufacturers’ increased R&D investment, which is increasing the demand for digital BBQ tongs and thermometers. Consumer adoption of smart technologies is propelling the global digital BBQ tongs and thermometer market forward.

The global digital BBQ tongs and thermometer market is growing in response to rising concerns about food safety and health.

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Furthermore, the demand for digital BBQ tongs and thermometers is being driven by the rising popularity of e-commerce websites and the growing trend of online shopping. Furthermore, rising consumer and chef knowledge of the significance of maintaining a safe cooking temperature is projected to boost the demand for digital BBQ tongs and thermometer, and as a result, the sales of digital BBQ tongs and thermometer is also anticipated to grow.

What are the Growth Propellers of the Digital BBQ Tongs and Thermometer Market Share?

With ongoing product innovation and automation, the household appliances business is currently undergoing substantial changes. As a result of this, the demand for digital BBQ tongs and thermometers is growing rapidly. Furthermore, due to the tremendous growth of the electronics industry globally, manufacturers are adding new features to traditional products on the market to boost the sales of digital BBQ tongs and thermometers.

Removable backlit LCD display screen, audio alert whistles, automatic shutoff, tong locks, and other functions are included in the digital BBQ tongs and thermometer market.

The digital BBQ tongs and thermometer include a pair of tongs as well as a digital meat thermometer. To measure the temperature of the meat while flipping and grasping it, digital BBQ tongs and thermometer are increasingly utilized. As a result of this, the demand for digital BBQ tongs and thermometer is rising.

In the near future, the digital BBQ tongs and thermometer market share is likely to be driven by rising customer spending on novel kitchen appliance items.

The global growth of the digital BBQ tongs and thermometer market is being fuelled by increasing brand consistency among end-users. During the forecast period, rising disposable income in countries such as India, Thailand, Argentina, Mexico, and others is likely to boost the sales of digital BBQ tongs and thermometer.

Furthermore, the advantages of digital BBQ tongs and thermometers over conventional ones with little price difference are driving the value growth of the digital BBQ tongs and thermometer market.

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 Which is the Leading Region in the Digital BBQ Tongs and Thermometer Market?

Due to increased e-commerce penetration and the rise of the electronics industry, the sales of digital BBQ tongs and thermometer is predicted to grow significantly in emerging countries such as India, Brazil, Mexico, Thailand, and others.

Furthermore, rising public awareness of modern digital BBQ tongs and thermometers in developing countries is likely to drive market growth in terms of both value and volume throughout the forecast period.

Due to the early growth of the electronics industry and the presence of a significant number of department stores, hypermarkets, supermarkets, and other stores in the region, North America and Europe are expected to hold a significant amount of digital BBQ tongs and thermometer market value share.

Due to rising disposable income in the Asia Pacific region, the market for digital BBQ tongs and thermometers is predicted to rise significantly during the forecast period. Due to the presence of a sophisticated electronics sector and considerable e-commerce penetration, the digital BBQ tongs and thermometer market in Japan and China are likely to hold a significant position in the Asia Pacific market.

Who are the Key Players in the Digital BBQ Tongs and Thermometer Market?

Key players are mostly focused on product innovation and variety of features in kitchen appliances. In terms of value, this trend is favorably influencing the growth of the digital BBQ tongs and thermometer market. Furthermore, a prominent trend driving the growth of the digital BBQ tongs and thermometer market is the increasing usage of smart and modular kitchens in households.

MAN LAW Australasia Pty Limited, Flame King, BBQ Pro Club, Kovot, Space grill, Sunartis, BBQ Spit Rotisseries, Williams-Sonoma Inc., Thermoworks, and Admetior are some of the key players in the global Digital BBQ Tongs and Thermometer market. During the forecast period, these companies are projected to have a beneficial impact on the growth of the digital BBQ tongs and thermometer market.

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Dryer Sheets Market is expected to surge at a CAGR of 4.11% From 2022-2032

The dryer sheets market was valued at US$ 12 Billion in 2021, and experienced a Y-o-Y increase of 5.8% to reach US$ 12.7 Billion. From 2022-2032, the market is expected to surge at a CAGR of 4.11% to reach a valuation of US$ 19 Billion. Scents are now an essential component of cleanliness. When consumers buy household cleaning products, they prioritize the pleasant fragrance of the product.

As a result, various dryer sheet companies have focused on R&D activities to develop innovative formulas for unique scents in dryer sheets. Dryer sheets give fabrics wearable softness and a pleasant aroma. Dryer sheets are cationic surfactants that form an electrically conductive chemical layer on the fabric to keep it soft and remove static cling. As a result, they increase the fabric’s longevity.

Dryer sheets are also used to add a light and refreshing scent to suitcases, bags, drawers, and washing machines while clothes are being washed. Dust is removed from the surface of computer screens and window blinds using dryer sheets.

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Which are Some Prominent Drivers Spearheading Dryer Sheets Market Growth?

Washing machines are now a necessary household item all over the world. As a result, companies in the laundry care market are introducing novel solutions such as dryer sheets that are compatible with washing machines and provide excellent laundry results. Prominent players in the dryer sheet market are also implementing new marketing strategies to influence consumer purchasing behavior.

New dryer sheets with innovative features, as well as consumer awareness marketing campaigns, are factors influencing the growth of the dryer sheets market in the near future.

Furthermore, there is an increasing demand for fabric softeners such as dryer sheets, which provide a positive charge and thus remove static cling in the clothes while also providing a fresh scent.

Other factors driving the growth of the dryer sheets market during the forecast period include rising demand for long-lasting dryer sheets with biodegradability features that increase fabric lifespan, reduce wrinkle formation, and others.

What are the Challenges Faced by the Dryer Sheets Industry?

Carcinogens found in scented laundry care products, such as dryer sheets, may increase the risk of cancer. This factor may limit the growth of the dryer sheets market in the near future.

Why is Asia-Pacific Emerging as an Opportunistic Dryer Sheets Market?

Japan and China are expected to drive the global dryer sheets market in Asia Pacific. The market is expected to grow to US$ 10 Billion by the end of the analysis period.

China will continue to be one of the fastest-growing markets in this cluster of regional markets. The Asia-Pacific market, led by countries such as Australia, India, and South Korea, is expected to reach US$ 2.8 Billion by 2032.

How is North America Contributing to the Growth of the Dryer Sheets Market?

The dryer sheets market in North America is expected to be worth US$ 3.15 Billion by 2022. North America is expected to dominate the global dryer sheets market. It is made up of a large area that has been developed and where people live with a high standard of living. As a result, the region stands out among the others.

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Market Competition

Some of the key participants present in the global Dryer Sheets market include  S.C. Johnson & Son Inc., Reckitt Benckiser Group PLC, Colgate-Palmolive, Henkel AG & Co. KGaA, Seventh Generation, Inc., LG Household & Health Care Ltd., Malco Products, Inc., Woolzies Home Essentials, Inc., Procter & Gamble Co., Unilever PLC, Golrang Industrial Group, Church Dwight Co., Inc., and others.

Key Segments:

By Pack:

  • 10 to 50 Pieces Dryer Sheets Pack
  • 50 to 100 Pieces Dryer Sheets Pack
  • 100 to 150 Pieces Dryer Sheets Pack
  • 150 and Above Dryer Sheets Pack

By Price Range:

  • Low Priced Dryer Sheets
  • Medium Priced Dryer Sheets
  • High Priced Dryer Sheets

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Middle East and Africa

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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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Collapsible Jerry Can Market to Expand at a 3% Value CAGR by 2032

Future Market Insights (FMI), in an upcoming market research study, brings to fore both macro- and microeconomic factors that will shape the growth curve of the global Collapsible Jerry Can market. The report offers detailed insights on the Collapsible Jerry Can market through an extensive analysis of key growth drivers, latest trends, potential challenges, and revenue growth prospects based on historical data.

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

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

COVID-19 Impact Analysis on Collapsible Jerry Can Market

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

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

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

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Collapsible Jerry Can Market: Segmentation

Valuable information covered in the FMI’s Collapsible Jerry Can market report has been segregated into key segments and sub-segments.

Material Type:

  • Polyethylene (PE) Collapsible Jerry Cans
  • High Density Polyethylene (HDPE)
  • Low Density Polyethylene (LDPE)
  • Polypropylene (PP) Collapsible Jerry Cans
  • Polyvinyl Chloride (PVC) Collapsible Jerry Cans
  • Polyethylene Terephthalate (PET) Collapsible Jerry Cans
  • Ethyl Vinyl Alcohol (EVOH) Collapsible Jerry Cans
  • Bioplastic Collapsible Jerry Cans
  • Bio PE
  • Poly Lactic Acid (PLA)
  • Other Bioplastics
  • Other Collapsible Jerry Cans Materials

Capacity:

  • Collapsible Jerry Cans Up To 10 Liters
  • Collapsible Jerry Cans from 11 Liters To 20 Liters
  • Collapsible Jerry Cans from 21 Liters To 30 Liters
  • Collapsible Jerry Cans Above 30 Liters

Closure Type:

  • Push Pull Closure Collapsible Jerry Cans
  • Screw Cap Collapsible Jerry Cans
  • Other Closure Type Collapsible Jerry Cans

End Use Industry:

  • Collapsible Jerry Cans for Food & Beverages
  • Juices & Milk
  • Vegetable Oil
  • Alcoholic Beverages
  • Others
  • Collapsible Jerry Cans for Agrochemicals
  • Pesticides & Insecticides
  • Fertilizers
  • Collapsible Jerry Cans for Industrial Chemicals
  • Collapsible Jerry Cans for Petroleum And Lubricants
  • Collapsible Jerry Cans for Pharmaceuticals
  • Collapsible Jerry Cans for Consumer Goods
  • Collapsible Jerry Cans for Other End Use Industries

 Collapsible Jerry Can Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Collapsible Jerry Can market. Competitive information detailed in the Collapsible Jerry Can market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Collapsible Jerry Can market report

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Key players covered in the report include:

  • Butyl Products Ltd.
  • Liquid Containment
  • Polyene General Industries Private Limited
  • Changzhou  Changshun Plastic CO. Ltd.

 Important Questions Answered in the Collapsible Jerry Can Market Report

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

Key Offerings of the Report

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

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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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Multiflex Tubes Market is Anticipated to be Dominated by North America over the forecast period 2022-2032.

The multiflex tubes are also known as laminated tubes. These tubes are made up of multi-layered laminate foil using aluminium or plastic material which creates an impermeable surface barrier against UV light, moisture, and air for storing sensible products. These tubes represent an easy, hygienic and safe way of packaging. The demand for multiflex tubes is increasing in the market because it can be easily customized and can have matt or glossy surface finish. It is witnessed that, the market for multiflex tubes made up of aluminium barrier and plastic barrier both are increasing because of their benefits.

These tubes act as a barrier against leakage of volatile substance from tube and anti-oxidation properties. The facility of 3D printing of complicated patterns makes tubes very lucrative and helps to gain the attention of customers. This boost the market demand for multiflex tube packaging. The market for multiflex tubes is dynamic. The global market of these tubes is highly influenced with the changing trends of packaging. The competition among manufacturer is increasing due to cost effective production of multiflex tubes packaging. The end users are having more demand for multiflex tubes as it is tightly sealed and provides tamper-proof storage for gels, liquid, and paste. It is expected that the global market of multiflex tubes will grow exponentially during the forecast period.

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Multiflex Tube Market: Dynamics

The fueling factors for driving the global market of multiflex tubes are providing non-toxic, dust and germ-free packaging for the product. These are unbreakable and offers counterfeit protection for the products due to the incorporation of holograms, RFIDs, and micro color codes. This leads to a potential increase in the demand of multiflex tubes in the market. The opportunities for the global multiflex tubes market are expected to grow exponentially on the backdrop of the increasing demand for pharmaceutical, cosmetic and personal care products. The changing packaging demand in food sector also grows the global market of multiflex tube in multiple. The trend of increasing priorities for flexible packaging over rigid packaging is more economical for transportation.

On the other hand, the market of multiflex tubes in the market might slow down due to alternate packaging solutions like collapsible aluminium tubes. However, multiflex tubes tend to suck back excess drugs withdrawn back in the tube. This helps to control wastage of product and gives added advantage over collapsible aluminium tubes. 

Multiflex Tube Market: Regional Outlook

The multiflex tube market is growing parallel with the increase of pharmaceutical, cosmetic and personal care products. As per research, it is observed that the global market of cosmetics sales is increasing in the USA by approximately 15 to 16 %. Also in the European Union due to high economic growth rate and growing population, the cosmetic sales increases by approximately 20%. This will increase lucrative opportunities for the growth of the multiflex tubes market. Asia Pacific regions have the largest developing market for the pharmaceutical sector which further gives a positive impact on the growth of the multiflex tube market during the forecast period.  On the other side, the market growth in the Middle East and Africa will have a steady demand for collapsible aluminium tubes. The market demands of multiflex tube for oral care product approximately 48% during last year which is further increasing in the forecast period.

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Multiflex Tube Market: Key Players

  • Linhardt GmbH & Co. KG
  • TUBAPACK, a.s.
  • Blackstone Group
  • Essel Propack Limited
  • LAGEENTUBES
  • ALLTUBE
  • SelectPackaging Limited
  • Auber Packaging Co., Ltd.
  • Adelphi Healthcare Packaging
  • InterPac International LLC.

Multiflex Tube Market: Recent Development and Trends

  • Tubpack, a.s.is the first manufacturer of tube with Braille script for blind and poor blind people. The benefit of these tubes is all information is printed in Braille directly on the tubes which helps to eliminated additional packaging.
  • In April 2019, Blackstone Group acquired majority stakes of Essel Propack Ltd.
  • In February 2018, Berry Global received gold award for best sustainable laminated tube from Tube Council North America at 2017 Tube of the year award.
  • LINHARDT received Tube of the Year award 2018 by European Tube Manufacturers Association for innovative packaging

The Multiflex Tube market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 market attractiveness as per segment. The Multiflex Tube market report also maps the qualitative impact of various market factors on market segments and geographies. 

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Key Segments Profiled in the Multiflex Tubes Market Survey

By Material:

  • Aluminium
  • Plastic
  • Ethylene Inyl Alcohol (EVOH)
  • Vacuum Metalized PET (VMPET)

By Product Type:

  • Paperflex Tubes
  • Metflex Tubes
  • Metflex Light Tubes

By Closure Type:

  • Cones
  • Stand Up Caps
  • Nozzle Caps
  • Fez Caps
  • Flip Top Caps
  • Bubble Tube

By Capacity:

  • Up to 10ml
  • 11ml to 50ml
  • 51ml to 100ml
  • 101ml to 200ml
  • 200ml above

By End Use:

  • Pharmaceuticals
  • Cosmetics
  • Personal Care
  • Chemicals
  • Food
  • Industrial
  • Homecare
  • Consumer Goods
  • Others

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

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Bundling Machine Market are Set to be Increasingly Used for Handling Aids, Load Security, Bundling, and Closing Applications

The global bundling machine market size is expected to be valued at US$ 3.7 Billion in 2022 and US$ 6.9 Billion in 2032. It is set to exhibit growth at a CAGR of 10.4% in the forecast period from 2022 to 2032. The ongoing development of numerous automation techniques owing to the integration of upstream manufacturing processes and packaging machines is likely to push the sales of bundling machines in the evaluation period.

Bundling machines are specially used for the packaging of a wide range of products in one wrap. Various types of bundles are utilized in these machines, including shrink films, stretch films, and films made from cast or blown films.

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These can also be multi-layer or mono layer films, which are often used as per the barrier or strength required in a particular packaging process. The emergence of the Overall Equipment Effectiveness (OEE) technique and lean packaging operation is expected to augur well for the global bundling machine market growth in the forthcoming years.

The standardization of machinery is set to become an easy task with the introduction of lean packaging operation. It provides a wide range of benefits, such as ease of maintenance and troubleshooting. The flourishing e-commerce sector and the high demand for packaged food and beverages across the globe are two of the major factors that are estimated to drive the market.

Which are Some Prominent Drivers Spearheading Bundling Machine Market Growth?

The increasing usage of bundling machines for several types of applications, such as containers, plies, cartons, corrugated boxes, and other packages is estimated to bode well for the market. The ability of these machines to surge the convenience, as well as the overall efficiency of the shipping of products is also set to accelerate the bundling machine market size.

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These machines enable bulk storage of products, thereby reducing the cost. The rising utilization of these machines for wrapping purposes by those manufacturers who prefer the functionality of packaging more than its appearance is estimated to augment the market.

What are the Challenges Faced by the Bundling Machine Industry?

The increasing usage of strapping machines can result in the declining demand for bundling machines across the globe in the upcoming years. These machines are set to be increasingly used for handling aids, load security, bundling, and closing applications.

In addition, various emerging economies, such as Argentina and India are expected to face difficulties associated with the importing of packaging machinery owing to the imposition of taxes by custom duty. The high cost of these machines is likely to obstruct the growth in this market as many small-scale companies may not be able to afford them because of the lack of finances.

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Why is North America emerging as an Opportunistic Bundling Machine Market?

North America is anticipated to generate the largest bundling machine market share throughout the forthcoming years. The high demand for these machines in the beverage industry, especially in the U.S. is expected to push the market.

The increasing number of new beverage launches by key players and the rapid shift of consumers towards functional and organic beverages are likely to drive the market in North America. The expansion of the retail network is another vital factor that is set to positively affect the regional market.

How is Asia Pacific Contributing to Growth of the Bundling Machine Market?

The high demand for packaged consumer goods stoked by the surging household spending capacity and the ever-increasing population in India and China is expected to augment the Asia Pacific bundling machine market growth in the near future. The rapid expansion of the personal care and pharmaceutical sectors in this region is also projected to drive the market.

Favorable government policies related to energy savings and equipment upgradation, as well as improving standards of safety, food processing, and packaging technologies in multiple countries of Asia Pacific would bode well for the market. The surging demand for ready-to-eat meals owing to the fast-paced life in developing countries is another factor that is expected to propel the market.

Market Competition

Some of the leading companies present in the global bundling machine market are American Packaging Machinery, Inc., Mosca GmbH, Polychem Corporation, Cyklop Nederland B.V., Arpac LLC, Promach, Inc., EDL Packaging, Inc., Felins, Inc., and SS Automation & Packaging Machinery among others.

Majority of the manufacturers operating in the global market are focusing on the development of automatic bundling machines that can make various packaging procedures easy. Some of the other key players are aiming to come up with manual machines for meeting numerous customer requirements. Meanwhile, a few other firms are striving to broaden their pre-existing portfolios to generate more sales and attract a large customer base globally.

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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For Sales Enquiries: sales@futuremarketinsights.com
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