Long-term Care Software Market is Anticipated to Surpass US$ 10,988 Million by 2032

In past few years, long-term care software has gained an enormous interest due to improvement in the quality and safety of medication treatment. The rising need for healthcare IT solution to increase the work efficiency of long-term care facilities is the major factor contributing to the growing demand for long-term care software.

With a CAGR of 11% over the forecast period, the size of the worldwide long-term care software market is predicted to reach US$ 3,877 Mn in 2022 and US$ 10,988 Mn by 2032. (2022-2032).

Various government initiatives across the globe to curtail the increasing healthcare cost is the factor which is fueling the growth of the long-term care software market. Multiple applications of long-term care software such as the long-term care software analyze millions of data records and quickly spot potential issues before they become problems, and it enables mental health providers to manage remote patient video conferencing, scheduling, and messaging are playing a crucial role in the rapid adoption of long-term care software.

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Long-term care software solutions are fully-integrated electronic health record, billing and business intelligence solution which enables healthcare facilities to improve resident care, maintain compliance and manage multiple levels with the single software solution. Popular features of long-term care software include centralized database, and user-friendly graphic user interface are the factors which are supporting the rapid adoption of long-term care software.

Global Long-term Care Software Market: Drivers and Challenges

Drivers

The digitalization in healthcare technology is the primary factor which is driving the growth of long-term care software market. Also, changing healthcare infrastructure, shortage of medical staff and adoption of technological solutions in the healthcare institutions is the key growth driver of the long-term care software market. Moreover, limited healthcare specialists and different initiatives taken by the government bodies worldwide to reduce the medical cost are fueling the growth of long-term care software market.

Apart from this, the increase in the number of healthcare organizations and the increasing usage of mobile devices in the healthcare organizations are the major factors which are fueling the growth of the long-term care software market.

Challenges

The high cost of software maintenance is the primary factor which may hinder the growth of the long-term care software market in the near future. Also, the unwillingness of the traditional long-term care providers to adopt new software is one of the major factors which hampers the growth of the long-term care software market in the near future.

Key Players

The prominent players in long-term care software market are: Allscripts Healthcare Solutions, Inc., Cerner Solutions, Omnicare, Inc., Omnicell, Inc., HealthMEDX, LLC, McKesson Corporation, Optimus EMR, Inc., PointClickCare, MatrixCare, and SigmaCare.

Global Long-term Care Software Market: Regional Overview

On the geographic basis, North America is anticipated to capture largest market share, owing to the well developed and established healthcare industry, and higher adoption of long-term care software in the region.

Europe and APAC are also expected to gain substantial market share due to the rapid infrastructural development in the healthcare sector. Also, APAC is expected to be the fastest growing long-term care software market owing to the government initiatives taken in the healthcare sector by the emerging economies such as India, China, and Japan.

The Long-term Care Software market in Latin America and MEA are expected to witness high growth rates in the coming period due to the rise in digital technologies and increasing adoption of mobile devices in the healthcare sector of the region.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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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
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Global Long-term Care Software Market: Segmentation

Segmentation of Long-term Care Software market on the basis of major delivery modes:

  • On-premise
  • Cloud-based

Segmentation of Long-term Care Software market on the basis of end-users:

  • Home Healthcare Agencies
  • Nursing Homes
  • Hospice care facilities provider

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Liquid Feed Supplements Market is anticipated to hold a value of US$ 9,732.3 Million by 2032 | Future Market Insights Inc. 

The global liquid feed supplements market is anticipated to hold a value of US$ 5,918.2 Million in 2022 and reach US$ 9,732.3 Million by 2032.

A mounting number of consumers across the world are turning vegan over heightening concerns about their health and wellness. Also, consumer awareness about the negative impacts of the meat industry is encouraging them to spurn animal-based products. Yet, the livestock industry has maintained its growth trajectories amidst all the recent changes in industrial trends and rise of the veganism trend among consumers worldwide, which is ultimately influencing growth of the liquid feed supplements market.

Positive growth prospects of the livestock and poultry industry have given an impetus to various developments in the animal feed additives market. The global sales of animal feed additives reached US$ 14 billion in 2015, and the improvements in their sales potential is propelling demand for feed supplements. With increasing awareness about the importance of animal nutrition and animal healthcare products such as animal antibiotics and antimicrobials, among stakeholders in the livestock industry, the demand for veterinary feed supplements is poised to surge in the coming years.

Liquid feed supplements are emerging as one of the latest trends in the animal feed supplements industry, as manufacturers are focusing on offering a composition of supplements to better suit the animal feedstuff. Innovative and nutritional ingredients such as feed enzymes, vitamins, minerals, and other nitrogen-containing active ingredients, are being incorporated in the manufacturing of liquid feed supplements to further improve their nutritional values.

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Leading players in the liquid feed supplements market are focusing on capitalizing on the increasing growth of the poultry feed market,

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Liquid Feed Supplements Market – Competitive Landscape

Leading players and other stakeholders in the global market for liquid feed supplements market that are featured in the report include Archer Daniels Midland Company, Cargill Incorporated, Ridley Corporation Limited, BASF SE, Westway Feed Products LLC, Graincorp Ltd., Quality Liquid Feeds, Dallas Keith Ltd., Quality Liquid Feeds, Land O’lakes, Inc., Inc., and Cattle-Lac Liquids Inc. Some of the notable developments in the liquid feed supplements market are:

  • In February 2019, Cargill Incorporated – one of the global leaders in the animal feed industry – announced that it has planned to invest approximately US$ 20 million to manufacture its new greenfield premix plant in Rajasthan, India. The company declared that the new feed premix facility is planned to be built on 15 acres of land in Kota and its monthly manufacturing capacity is announced to be around 7,500 tons of animal nutrition products and veterinary feed supplements.
  • In June 2019, Land O’lakes, Inc. – a U.S.-based member-owned agricultural cooperative – announced that is has partnered with Royal Agrifirm Group (Agrifirm) – a Netherlands-based cooperative enterprise – to form a dairy animal feed joint venture – Agrilakes – in China. The company is continuing its commercial growth strategy by focusing on collaborating with locally-successful companies to boost its global presence in the feed supplements industry.
  • In April 2019, Archer Daniels Midland Company – world’s leading agricultural processors and food ingredient providers – announced the opening of its new livestock feed facility in Illinois, which is its fourth animal nutrition manufacturing facility in North America. The company also announced that it has made significant investments to expand and improve our animal nutrition capabilities. For instance, the company recently acquired Protexin – a leading provider of probiotic supplements for animal feed markets, headquartered in the United Kingdom.
  • In September 2019, DuPont Animal Nutrition – a business unit of DuPont Nutrition & Biosciences (DuPont) and leading provider of innovative enzyme, natural betaine and probiotic feed technologies for the livestock industry – announced the launch of Axtra® PHY in Japan. Its new product – DuPont™ Axtra® PHY is a phytase enzyme designed to enhance animal health and performance in poultry and swine. The company also launched DuPont™ Syncra® AVI, a feed supplement for improving nutrient digestibility in poultry livestock, in Asia Pacific.

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Factors Influencing Growth of the Liquid Feed Supplements Market

Rising Adoption of Technological Solutions to Improve Efficiency and Productivity

Leading players in the liquid feed supplements market are leveraging recent advancements in technology to improve and optimize manufacturing and other business operations. With the increasing demand for and growth of the liquid feed supplements market, leading manufacturers are expected to join forces with technology companies to attain greater transparency in the supply chain and sustainability in multiple business processes with the help of state-of-the-art technological solutions. For instance, BASF Corporation and arc-net – a technology company head quartered in Belfast, Northern Ireland – to incorporate the Blockchain technology in analyzing and capturing various sustainability parameters in livestock production. While technology calls for initial investments and high capital, the adoption of next-generation technological solutions is only likely to be observed among leading players in the liquid feed supplements market.

Increasing Demand for Liquid Feed Supplements with Poultry Nutrition Additives

Taking into consideration the increasing demand for poultry meat, stakeholders in the liquid feed supplements market are focusing on catering the specific nutrition needs in the poultry industry. By bolstering the research & development activities to introduce innovation in poultry nutrition additives, liquid feed supplement manufacturers are aiming to expand their customer base including poultry producers. Leading players in the market are expected to introduce liquid feed supplements with essential amino acids, vitamins, organic trace mineral feed, area-speci?c mineral mixtures, and macro and micro-minerals for sustainable poultry production. However, in the coming years, the demand for liquid feed supplements is expected to grow at a significant rate in the ruminants segment.

Positive Sales Opportunities in the Livestock Sector in Asia Pacific

Stakeholders in the liquid feed supplements market are noticing the increasing growth of the meat industry and livestock sector in Asia Pacific, and are modifying their business strategies to expand presence in the region. Manufacturers are aiming to capitalize on increasing awareness among stakeholders in Asia Pacific’s livestock sector about the importance of animal health and feed nutrition. This is expected to bolster the sales potential of liquid feed supplements in the region, creating new sales opportunities for market players. Leading manufacturers in the liquid feed supplements market are investing heavily in developing countries in Asia Pacific, such as China and India, to cater to the increasing domestic demand and incur more profits in the coming years.

The research report presents a comprehensive assessment of the liquid feed supplements 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 liquid feed supplements market is broadly segmented according to the type, source, and feedstock.

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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Report Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments for yorker spouts market
  • Competitive landscape for yorker spouts market
  • Strategies for 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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Managed Workplace Services Market is likely to Reach US$ 99.4 billion by 2032

Enterprises represent a substantial chunk of workforce, which is why it is in their best interest to determine how to retain them and simultaneously improve their productivity. Managed workplace services are about providing a standardized environment which is smart, agile, and scalable, to bridge the gap between business productivity and end-user’s expectations for an integrated, customized and flexible services.

The managed workspace services market is projected to grow at a CAGR of 12.0 percent from 2022 to 2032, from US$ 28.7 billion in 2022 to US$ 99.4 billion by that time.

It is achieved by instituting more flexible IT workstations and traditional workplace processes, and integrating them to support end-users. Managed workplace services provide end-to-end approach in workflow processes through platforms such as desktop delivery, mobility, service desks, collaboration, and user-support, while reducing operational IT costs. This caters the modern need of digitally optimized workplace.

Managed workplace services help in transforming workplaces into customized, innovative and intelligent workplaces, by striking a balance between existing IT infrastructure and digital IT, aiming to connect employees, data, and applications present at the workplace.

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Managed Workplace Services Market: Drivers and Restraints

The digital transformation in the workflow processes of enterprises is one of the biggest driver of managed workplace service market.

Managed workplace services aims for a workplace to evolve from a technology-centric approach to workplace centric approach, being another driver for this market. Increased automation, user satisfaction and freedom due to mobile access, and enhanced productivity in an organisation are also some factors resulting in the growth of managed workplace services market.

However, factors such as complexity in finding a solution which integrates traditional and digital services and confidential data breach at an incident, are some challenges faced by managed workplace services market.

Managed Workplace Services Market: Segmentation

Managed workplace services market can be segmented on the basis of service type, enterprise size, end-user vertical, and region wise. On the basis of service type, managed workplace service market can be sub-segmented into mobility services, desktop services, service desks, collaboration services, management services and others.

On the basis of enterprise size it is further segmented into small and medium enterprise, and large enterprise. Considering end-user vertical it is categorized into BSFI, Government, IT and Telecom, Healthcare and Life sciences, Manufacturing and Automotive, Transportation and Logistics, Retail, Media and Entertainment, and Others.

Managed workplace services market is sub-segmented into key regions such as North America, Latin America, Asia-Pacific, Europe and Middle East and Africa.

Managed Workplace Services Market: Regional Overview

Managed workplace services market is dominated by North America and Europe due to presence of workplace services vendors and presence of enterprises actively working to build and improve their capability to sustain their leadership positions. In Asia-Pacific region, managed workplace services market is showing a considerable growth due to presence of substantial workforce in countries such as China and India and technological advancements in IT sector.

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Regional analysis for Biometric Lockers Market includes development of these systems in the following regions
  • North America
    • By US
    • By Canada
  • Latin America
    • By Brazil
    • By Mexico
    • By Others
  • Europe
    • By U.K.
    • By France
    • By Germany
    • By Poland
    • By Russia
  • Asia Pacific
    • By Australia and New Zealand (ANZ)
    • By Greater China
    • By India
    • By ASEAN
    • By Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • By GCC Countries
    • By Other Middle East
    • By North Africa
    • By South Africa
    • By Other 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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Jumbo Bags Market Share, Growth Trends, and Forecast Analysis to 2030

The jumbo bags market is estimated to grow by 1.5x between 2020 and 2030 in terms of revenue. By 2021, therefore, the market’s valuation is expected to surpass US$ 5.8 Bn.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving the demand for jumbo bags. The report tracks the global sales of jumbo bags in 20+ high-growth markets, along with analysing the impact COVID-19 has had on the packaging industry in general, and jumbo bags in particular.

In a recent study of the Jumbo Bags market, FMI   revealed that by 2030 the market will register an impressive CAGR and the market value will exceed $5.8 billion. Until 2021. Demand for jumbo bags is expected to continue to surge due to the growing demand for durable, cost-effective and space-saving packaging.

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“Jumbo bag manufacturers around the world are taking advantage of the growing demand in a variety of industries. Food and agriculture, building and construction, and pharmaceutical industries are also seeing trends in spending on effective solutions for bulk packaging and safe delivery.” FMI analysts say:

Jumbo Bags Market – Key Highlights

  • For bulk packaging, Category C jumbo bags are strongly recommended because of industry standards.
  • Growth in the chemical fertilizer business is boosting the jumbo bag market. Throughout the forecast era, FMI has predicted that FMI will remain the primary end user.
  • Jumbo bags in sizes 200kg – 750kg are more common in the market and are expected to maintain high demand over the forecast period.
  • North America, led by the US, is estimated to dominate the market during the forecast period.

Jumbo Bag Market – Drivers

  • Flexible packaging types are gaining popularity due to many advantages over rigid packaging types driving the market growth.
  • Jumbo bags or bulk bags are mainly used for transporting and packaging bulk products in various end-use industries such as chemicals and fertilizers, building and construction, food and agricultural products, pharmaceuticals, minerals and mining, etc. Demands in these industries include: Drive market growth.
  • Additionally, the jumbo bag market is growing due to the industrial demand for smaller and personalized bag sizes with damage-resistant shipping characteristics.

Jumbo Bag Market – Confinement

  • Strict government guidelines on product sustainability are hampering the growth of the market.
  • The outbreak of COVID-19 is expected to harm the market.

Impact of COVID-19 on Jumbo Bags Market

The unprecedented COVID-19 pandemic is expected to hamper the jumbo bag market growth. At several levels, the COVID-19 pandemic is now impacting the global economy, and its impact is also visible in the automotive aftermarket.

Growth is expected to be impacted by the COVID-19 pandemic crisis, with demand expected to decline significantly in 2021. Uncertainty in the retail and supply chain markets has also slowed profitable growth, with many end-use industries affected in many countries. However, as the market continues to improve, the economy is likely to enter a recovery process.

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Competitive Landscape

Several leading players in the market are focusing on research and development (R&D) initiatives and product innovations to make their products stand out amid competition. Some of them specialize in short lead times, fast turn-around, and production of jumbo bags in small quantities. Big players such as Berry Global Group Inc., Greif Inc., and Intertape Polymer Group (IPG) are currently boasting stronghold in the market yet they are relying on product launches.

For instance:

  • Berry Global Group Inc. introduced a latest product line of Flexible Intermediate Bulk Containers (FIBC) − Bulk Container Liners, which offers an efficient, economical, and easy solution for shipping, transporting and storing dry bulk goods for a variety of end-use industries, such as agriculture, minerals, chemicals, food, and other
  • In 2019, Greif Inc. considered Food Safety Initiative and launched Seal Guard Flexible Intermediate Bulk Container (FIBC) made with polyethylene (PE) using an automated bonding process that allows for anti-contamination and leak-free transportation, better protects against moisture without using an inner liner, and reduces risk of tearing during filling processes
  • Intertape Polymer Group (IPG) has strategic alliance partners in China, India, Mexico and Korea where IPG demonstrates value-added supply initiative by providing its full line of cost-effective jumbo bags to the consumers globally

Jumbo Bags Market by Category

Bag Type:

  • Type A
  • Type B
  • Type C
  • Type D

Capacity:

  • Less than 200 kg
  • 200 kg-  750 kg
  • 750 kg – 1500 kg
  • 1500 kg and above

Design:

  • U-Panel Bag
  • Four Side Panel
  • Baffle
  • Circular/ Tabular
  • Cross Corner

End Use:

  • Building & Construction
  • Chemicals & Fertilizers
  • Food Products & Agriculture
  • Pharmaceuticals
  • Others (Mining)

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Market Analysis

1.3. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage

2.2. Market Definition

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

  1. Key Success Factors

4.1. Product Adoption Analysis

4.2. Product USPs / Features

TOC Continued…

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Thermal Insulation Packaging Market Competitor Analysis, Winning Strategies and Growth Drivers 2030

The report covers various factors affecting the Thermal Insulation Packaging market. FMI provides in-depth insights into the market. It presents the study in a coherent chapter-wise format, interspersed with data and relevant info graphics. The report adopts an analytical approach to help our clients get better understanding about the market. Our expert market research analysts in the food & beverage industry domain carries out an extensive primary and secondary research with the help of digital intelligence for optimized decision making.

FMI, in its latest Thermal Insulation Packaging market report, offers the bird’s eye view on the historical and upcoming growth in terms of production, consumption, volume, and value. The report is classified on the basis of key segments, sub-segments, according to the major regions and offers an in-depth analysis on competitive landscape.

The report offers a comprehensive, discussing in details upcoming trends, opportunities and challenges that will aid the expansion of the Thermal Insulation Packaging market.

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COVID-19 Impact Analysis on Thermal Insulation Packaging Market

The recent outbreak of the COVID-19 has significantly impacted the food and beverage industry. Since the pandemic and various lockdown restrictions, hotel industries had to take shelter within e-commerce industry to provide online delivery services and food to consumers.

Manufacturers have adapted the new normal of ‘take-away’ food and groceries to maintain their financial revenue in the crucial times. With the relaxation in lockdown, the food and beverages industry is expected to witness a moderate growth through 2022 and beyond.

FMI provides a detailed chapter on the impact of Covid-19 on the global Thermal Insulation Packaging market. This allows the established and emerging economies to understand the economic market scenario during the pandemic and benefits them in making profound business decisions through the cost-effective solutions.

Important Questions Answered in the Thermal Insulation Packaging Market Report

  • Which end user is expected to create lucrative growth opportunities for the global Thermal Insulation Packaging market?
  • How is the Thermal Insulation Packaging market likely to evolve in the upcoming years?
  • What are the upcoming trends and opportunities likely to prevail the Thermal Insulation Packaging market in the future?
  • What innovative strategies are adopted by Thermal Insulation Packaging market players to stay ahead of the pack?
  • Which region is expected to be the most lucrative region for the Thermal Insulation Packaging market?
  • What are the restraints affecting the growth of the global Thermal Insulation Packaging market?

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Thermal Insulation Packaging Market: Segmentation

Detailed analysis covered in the FMI’s Thermal Insulation Packaging market report has been classified into key segments and sub-segments.

Packaging Type

  • Passive Packaging
    • Single Use or One Way use Packaging
    • Multiple Use or re-usable Packaging
  • Active Packaging
    • Reefer trucks and Containers
    • Active Pallet Containers
  • Cold Storage
    • Refrigerators
    • Freezers

Insulation Material

  • EPS
  • PUR
  • VIP
  • PCM
  • Others

Thermal Insulation Packaging Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Thermal Insulation Packaging market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.

Key players profiled by FMI in Thermal Insulation Packaging market includes:

  • Emball’ISO
  • Sonoco ThermoSafe
  • Pelican Products, Inc.
  • Cold Chain Technologies, Inc.
  • Sofrigam SAS
  • CSafe Global, LLC
  • Insulated Products Corporation
  • Cryopak Industries Inc.
  • Snyder Industries, Inc.
  • va-Q-tec AG
  • Inmark LLC
  • DGP Intelsius Ltd.
  • The Sure Chill Company Limited

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  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

Significant Contributions to 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 research 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

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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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Future Market Insights Inc.

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Cold Chain Packaging Market Trends, Growth, Future Demand, Analysis and Forecast by 2030

The global cold chain packaging market is anticipated to grow at over 14.6% CAGR during the forecast period between 2022 and 2030.

The latest report by FMI provides a detailed analysis of the global cold chain packaging market, and its growth, scope, and potential during the forecast period between 2022 and 2030.The demand for cold chain packaging solutions has increased significantly with the growing requirement from the food, beverages, and pharmaceutical industries. Growing consumer inclination toward cosmetics and personal care products has further fuelled the sales of cold chain packaging

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Who is Winning?

The key players in the global cold chain packaging market are experiencing fierce competition. In order to leverage the upcoming opportunities, they are started with launching diverse cold chain packaging solutions.

For instance,

  • Pelican Products launched its new range of cold storage packaging solutions such as NanoCool Instantly Cooled Parcel, Dry Ice Parcel, and others in the last year
  • Sonoco ThermoSafe launched its new extensive range of cold chain packaging solutions such as Durable Insulated Containers, Protective Cold Chain Packaging, and others in the last year

Key Takeaways

  • Phase change cold storage products such as plates, micro capsules, bags, and balls continue to witness high demand
  • Reusable packaging formats continue to outsell other variants
  • Polymer to exhibit hegemony for being the most preferred material in the manufacturing of cold chain packaging
  • The steady growth of the food industry will continue to create opportunities
  • US will continue to be a lucrative market globally
  • Germany, France, and China will witness steady sales through 2030

“The growth of the cold storage packaging industry is gaining momentum with the surge in demand from the food & beverages industry. While the advanced cold storage packaging solutions are being devised by manufacturers, the rise in demand from pharmaceuticals industry is further fueling the sales of cold storage packaging. The steady growth of the pharmaceutical industry will complement demand from traditional channels,” says an FMI analyst.

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Growing Food and Beverages Industry Spurring Growth

Cold chain packaging solutions are widely used in the food and beverages industry as they provide with the proper refrigeration during the transport and distribution of the food and beverages while preserving the quality.

During the height of the COVID-19 pandemic, as other industries witnessed waning demand, the food and beverage industry continued to post gains in many countries. Further, as supply chains relied on e-commerce, demand for efficient storage and packaging grew manifold.

Considering the change in status-quo brought about by the COVID-19 pandemic, it is likely that demand for cold chain packaging will continue to grow through 2020-2030.

Key Segments Covered In Cold Chain Packaging Industry Research

Product Type :

  • Pallet Shippers
  • Insulated Containers
  • Foam Bricks
  • Gel Packs
  • Protective Packaging
  • Phase Change Cold Storage Products

Material Type :

  • Polymer
    • Polyethylene
    • Polypropylene
    • PET
    • EPS
    • Polyurethane
    • Others
  • Metal
  • Paper

Packaging Formats :

  • Reusable Packaging
  • Disposable Packaging

End-use :

  • Food
    • Meat, Poultry & Seafood
    • Dairy Products
    • Fresh Produce
    • Bakery & Confectionary
  • Beverages
    • Alcoholic Beverages
    • Non-Alcoholic Beverages
  • Pharmaceutical
  • Cosmetics & Personal Care
  • Chemical
  • Others

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More Valuable Insights on Cold Chain Packaging Market

In the latest report by FMI, we offer an unbiased analysis of the global cold chain packaging market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030.

In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (pallet shippers, insulated containers, foam bricks, gel packs, protective packaging (foams sheets, etc.), phase change cold storage products (plates, micro capsules, bags and balls)), packaging formats (reusable packaging, disposable packaging),

material type (polymer, polyethylene, polypropylene, PET, EPS, polyurethane, others (extruded polyisocyanurate, etc.), metal, paper), end use (food (meat, poultry, and seafood, dairy products, fresh produce, bakery & confectionery), beverages (alcoholic beverages, non-alcoholic beverages), pharmaceutical, cosmetics & personal care, chemical, others), across six major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).

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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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Pump & Dispenser Market Key Insights, Profiling Companies and Growth Strategies by 2030

The global pump & dispenser market is stipulated to grow on the linear grounds between 2022 and 2030, reaching US$ 12.4 Bn by the year 2030 at a CAGR of 4.3%.Favorable government policies and expansion of online presence by leading market players are enabling growth in the pump and dispenser market, finds Future Market Insights (FMI) in a new study. Demand for pumps and dispensers has surged considerably in the last few months and the trend is likely to continue through near-term assessment period in response to the increasing sales of hand washes and spray sanitizers amid COVID-19.

Pump and dispensers are usually used in packaging products like creams, lotions, sauces, shampoo, chemical products, face wash, body washes, cleaning products, skin care products, shower gel, and others. They reduce the chances of product wastage while dispensing and can be reused, making them sustainable options. Increasing demand for pump and dispensers for packaging and skin care is expected to propel growth in the market.

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Key Takeaways from Pump and Dispenser Market Report

  • The pump and dispenser market is expected to grow at a CAGR of 4.3% between 2022-2030
  • East Asia is predicted to dominate the market due to increasing demand for food packaging, cosmetics and pharmaceuticals. Rising government initiatives to improve manufacturing is also expected to contribute towards market growth
  • Increasing sale of products on ecommerce websites has created lucrative opportunities for manufacturers
  • Demand from cosmetics & personal care segment will continue rising through the forecast period
  • Fluctuating raw material prices of high density polyethylene (HDPE) and polypropylene (PP) is expected to limit market growth

“Consumers around the world are embracing packaging that offers superior functionality and dispensing solutions. This has been encouraging market players to focus on novel designs that offer better convenience and functionality while ensuring lesser wastage of products. For instance, Raepak and Aptar have developed a unique cap design that can measure the exact amount of liquid detergent dispensed in a single squirt,” says an analyst at FMI.

COVID-19 Impact Analysis

The COVID-19 pandemic has disrupted various industries including the pump and dispenser market. The lack of raw materials saw a decline in production. The market experienced a -0.4% CAGR during 2022. It is expected to rise at a moderate pace 2021 onwards due to increasing demand for soap dispensers and sanitizers due to hygiene concerns.

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Who Is Winning?

Companies operating in the market are focusing on developing technology and creating innovations to improve the production process. Some are even adopting more sustainable methods by using recycled materials. In 2021, Silgan Dispensing launched products created using post-consumer recycled (PCR) plastic, in order to improve sustainability and create an eco-friendly initiative.

Some of the key players in the pump and dispenser market are Nature Home Decor, Creative Home, Mason Jar Lifestyle, Perfume Studio, Toilet Tree Products, Youngerbaby, Rail, Hayward, Kleine Wolke, LOGAN, CJH, VCCUCINE and ZmOffers.

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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 Sleeve Containers Market Brief Forecast and Analysis by Top Key Players to 2030

According to a recent report by Future Market Insights, the collapsible sleeve containers market crossed US$ 4.6 billion in 2021, and is expected to grow at 4.6% CAGR through 2030. However, demand weakened in 2022, as COVID-19 induced sluggishness engulfed the broader packaging industry, and various end-use industries. According to the report, innovations in raw materials for sustainable bulk packaging solutions are likely to aid growth in the industry.

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In spite of the positive prospects of the collapsible sleeve container market, low awareness about the packaging formats and environmental concerns over raw materials are expected to hold back market growth.

Key Takeaways

  • The size of the collapsible sleeve containers market was US$ 4.6 billion, with food and agriculture logistics applications being major driving factors for the market.
  • Food and beverage packaging applications will remain the primary source of revenue, driven by improvements to raw materials and associated barrier characteristics.
  • Block pallets will account for higher demand, supported by weight and cost benefits in operations, which can be attributed for over 70% of the market share.
  • East Asia is the leading regional market for collapsible sleeve containers, supported by the higher uptake of rigid packaging in the niches of building and textile sectors.

“Collapsible sleeve container manufacturers are likely to gain from rising disposable incomes of middle-class consumer populations who have become open to novel packaging solutions. Sleeve containers are also being increasingly made from recyclable materials which will aid in reducing the carbon footprint in the industry, thereby driving growth in the market,” said an FMI analyst.

Covid-19 Impact Analysis

The coronavirus pandemic has had a moderately impact on the global collapsible sleeve containers market. Restrictions on production facilities due to lockdown regulations and disrupted supply chains for raw materials have hurt short-term growth prospects.

Manufacturers are likely to leverage the demand for essential commodities including food & beverage and pharmaceutical products to generate lucrative opportunities in the adoption of collapsible packaging formats.

Also, the expansion of the ecommerce sector during the crisis period and purchases of drugs and food through these channels are likely to result in growth opportunities, partially mitigating losses during the pandemic.

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Competitive Landscape

Key players in the collapsible sleeve containers market include but are not limited to DS Smith plc, Schoeller Allibert Services B.V., Corn-Pearl North America Inc., Rehrig Pacific Company Inc., TranPak Inc., RPP Containers, Sohner Plastics LLC, Schuert Tectnologies LLC, CABKA Group, Buckhorn Inc., Reusable Transport Packaging Inc., Prairie Plastics Holdings LLC, Ribawood S.A., Qingdao CNplast Co. Ltd., and Enlightening Pallet Industry Co. Ltd.

Manufacturers are increasingly relying on product development and launch strategies to incorporate new, sustainable materials in addition to geographical expansion endeavors to offer improved solutions and to bolster consumer base in fragmented market landscapes.

More Insights on the Global Collapsible Sleeve Container Market

In a new report, Future Market Insights offers a detailed analysis of the global collapsible sleeve container market covering historical demand from 2015 – 2021 and forecast data for the period between 2022 and 2030. The study covers projections of growth in the market in terms of box type (48x40x30”, 48x40x34”, and 48x40x45”), pallet type (block pallet, stringer pallet, and customized pallet), and end use (agriculture & allied industries, building & construction, chemical & pharmaceuticals, food & beverages, engineering products, textile & handicrafts, automotive & others), across seven key regions.

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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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Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

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Precision Stainless Steel Market Brief Forecast and Analysis by Top Key Players to 2029

The demand witnessed in the global precision stainless steel market is increasing at a rapid pace. With its use across various sectors including industrial, civil, mechanical, and others increasing, Future Market Insights (FMI) has forecast the precision stainless steel market is to reach US$ 3.2 Bn dollars by 2029.

Precision stainless steel comes in many varieties and this feature combined with its easy workability makes it popular among industries. Players are on the lookout for every type of precision stainless steel to design and manufacture their industrial goods.

As there is a constant rise in the manufacturing of industrial goods, the growth prospect of the precision steel market seems promising. FMI’s study offers a comprehensive overview of the market. It studies the key growth drivers as well as gauges investment feasibility across various segments. Some of the key takeaways from the report are highlighted below.

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Key takeaways from the precision stainless steel market:

  • The under 0.1mm category is expected to take up approximately 25% of the global precision stainless steel market. It is also expected to reach 800 million dollars by 2029
  • With precision stainless steel being used for the manufacturing of seamless pipes and tubes, the automotive segment is said to have a strong foothold with a CAGR of 3.8%
  • Precision stainless steel also has its use in the electronics and transportation industry. This guarantees a 2/5thshare value in the global market between 2020-2029
  • East Asia is expected to overtake other regions and create an opportunity to reach 388.7 million dollars by 2029
  • By 2029, South Asia is expected to expand by 1.4 times of current market value

“Some of the leading manufacturers operating in the global precision stainless steel market are aiming to capitalize on opportunities prevalent across high potential markets in East Asia. Expansion of automotive sector and construction activities in China, Japan, and South Korea are causing shift of focus among companies from developed to high potential markets,” said FMI analyst.

Demand Likely to Reduce during COVID-19

The global precision stainless steel market has witnessed a reduction in demand for precision stainless steel owing to the pandemic. Covid-19 has caused a disruption in the supply chain of industries across the globe.

Lockdown orders enforced in regions such as Europe, Asia, and North America have hampered production activities in across plants. This heavily impacted the global precision stainless steel market.

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Who is winning?

Top players of precision stainless steel contribute approximately 40-45% to the global market value. Some of the leading key players are Acerinox, Baoshan Iron & Steel Co., AK Steel Corporation, Outokumpu Oyj, Jindal Stainless Group, and Aperam.

These players are trying to cope up with the after-effects of the pandemic and implement new strategies to get back to their production processes.

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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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Future Market Insights Inc.

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Robotic Palletizers and De-palletizers Market Is Set to Experience Revolutionary Growth by 2030

The e-commerce industry has significantly evolved in the last few years as an increasing number of consumers are favoring new ways of shopping. With their changing preferences, consumers have become more inclined towards online shopping and doorstep delivery. As a result the packaging manufacturers or handlers have come across huge opportunities to grow across the countries.

The ecommerce industry has been exhibiting increasing demand for single-SKU pallets typically used for retail and warehouse fulfilment, which results in smaller cases and pallet sizes.  Palletizers need to operate at a faster rate to operate smaller loads instead of larger loads.

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Robotic palletizer and de-palletizer manufacturers are looking for in-built flexibility that can help users avoid additional reprogramming costs for their robotic palletizers down the line. Future Market Insights predicts that, the demand of robotic palletizers & de-palletizers is likely to surge considerably, pushing the market to reach a valuation of over US$ 2.4 Bn by 2022.

Some of the key takeaways from the report are:

  • By product type, boxes/cases segment (palletizers and de-palletizers) is likely to witness surging demand especially in the industrial packaging sector
  • In terms of place, factories have emerged dominant and is expected to continue leading the market through the forecast period between 2020 and 2030
  • Articulated robots have emerged dominant among machine types and is forecast to reach a market valuation of US$ 1.6 Bn by the end of 2025
  • Accounting for nearly one-third of the global market share, food and beverages industry has emerged as the leading end user
  • South and East Asia together are forecast to emerge as the largest market for robotic palletizers and de-palletizers.

“Leading market players are focusing on expanding their production capacities and geographic presence. With leading industries showing inclination towards adoption of more atomized packaging systems, market players are likelier to focus on innovations,” says FMI analyst.

Rising Demand Articulated Robotic Palletizers & De-palletizers

Articulated robotic palletizers take up very tittle space, making it hugely demanded among end users. In contrast, traditional palletizers & de-palletizers require larger space and hence less preferred among manufacturing or warehousing units.

Some of the leading companies such as KUKA AG, FANUC Corporation, ABB Ltd and others are adopting new technologies and procedure in order to improve the operating rate and load handling capability so that these improved machines can be applicable in the places traditional palletizers are preferred for their heavy load handling potential  and higher speed.

Presently, articulated robots are programmed to handle load up to 2,000 kg and operate at speed of around 5,000 cycles per minute. Apart from low space consumption, various other advanced technological features have played very important roles in the surge in demand for articulated robots.

In this modern digital era, robotic palletizers are getting equipped with artificial intelligence in order to minimize the error created by a computer operator in the input and the probability of products being wrongly handled. Despite of holding huge scope of implementation, AI technology tends to result in advanced technological developments in the domain of palletizing and de-palletizing market during the forecast period (2020-2030).

COVID-19 Impacts on Robotic Palletizers & De-Palletizers Market

Due to the COVID-19 pandemic, e-commerce sectors are experiencing significant sales growth in the current year (2020). As online shopping has become more popular among the consumers due to the social distancing and other norms, the demand of automated palletizers market is likely to grow in inventory management segment.

In order to fulfil huge demand for robotic palletizers and de-palletizers, manufacturers have been accelerating their production procedure. In order to increase production and minimize the constraints related to labors, robotic palletizers and de-palletizers are adopting modern technologies to sustain in the global market.

On the flip side, the unprecedented outbreak of COVID -19 has negatively affected food & beverages sector, which is resulting in decline in applications. Supply-chain disruptions witnessed during extended period of lockdown have adversely affected operations of packaging manufacturers. Such disruptions have been reported across countries such as France, Italy, China, India, Poland, and others.

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Who is winning?

As the global robotic palletizers and de-palletizers market is to offer increase in opportunities for various market players, the top players like Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, FANUC Corporation, Kawasaki Heavy Industries, Ltd. And others are continuously assessing and adopting new technologies in order to cater to the growth in demand among the global end-users.

Some of the dominant competitors in the global palletizers and de-palletizers market-

  • ABB Ltd.,
  • Kawasaki Heavy Industries, Ltd. and
  • FANUC Corporation
  • Mitsubishi Electric Corporation,
  • Yaskawa Electric Corporation,
  •  KUKA AG & Krones AG

About Us:

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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