Global Vessel Sealing Devices Industry Set for Explosive Growth, Reaching US$3.9 Billion by 2033 at 9% CAGR | FMI Analysis

Global Vessel Sealing Devices Industry
Global Vessel Sealing Devices Industry

The Global Vessel Sealing Devices Industry is on track for a remarkable surge, with a projected valuation of US$3.9 billion by 2033. This signifies a significant increase from its estimated value of US$1.65 billion in 2023. The market is poised for a new era of expansion, fueled by a robust Compound Annual Growth Rate (CAGR) of 9% anticipated throughout the forecast period.

Vascular-sealing instruments have become essential instruments in many medical fields; they are effective in laparoscopic, neck, and axillary dissection procedures, among other procedures. The vessel-sealing market has become a dominant force in the healthcare industry thanks to their adaptability and reliable performance, which have propelled them to the forefront of medical technology.

As these cutting-edge devices continue to outperform traditional methods in clinical applications, their influence is expected to steadily rise, shaping the future of surgical interventions. The vessel-sealing market’s upward trajectory is further fueled by the continuous evolution of surgical devices and a notable uptick in FDA approvals for vessel-sealing technologies. These regulatory milestones, combined with technological advancements, are anticipated to propel market expansion throughout the forecast period.

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With fewer blood loss complications and less operating time, surgeons have improved safety and efficiency. Technological advancements in surgical devices and FDA guidelines regarding vessel-sealing devices are likely to drive the growth of the market.

Surgical procedures, product developments, and minimally invasive surgery are a few of the main drivers of this market.

Key Takeaways from the Global Vessel Sealing Devices Industry:

  • The vessel-sealing devices market is expected to increase at a notable CAGR of 9%
  • North America is a prominent market for vessel-sealing devices and is estimated to expand at a CAGR of 4.5% in the forecast period.
  • The United States is projected to account for 75% of the North American vessel-sealing devices market.
  • Hospitals and specialty clinics are expected to account for a prominent share of the market and rise at a CAGR of 4.86%.

Global Vessel Sealing Devices Industry Competitive Landscape

Manufacturers of vessel-sealing devices implement a variety of strategies to meet the needs of domestic and international customers as part of their competitive strategy. To satisfy the needs of domestic and international customers, companies such as Medtronic PLC maintain a steady emphasis on research and development to minimize risk during operations. Furthermore, to gain an advantage over their competition, key players continue to develop products through acquisition, partnerships, and innovation.

Key companies in the Global Vessel Sealing Devices Industry include 

  1. Medtronic PLC,
  2. B Braun Melsungen AG, and
  3. Erbe Medical India Pvt. Ltd,
  4. Olympus Corporation,
  5. Ethicon US LLC (Johnson & Johnson),
  6. Boston Scientific Corporation,
  7. BOWA-electronic GmbH & Co. KG,
  8. OmniGuide Holdings Inc.,
  9. CONMED Corporation, Bolder Surgical Holdings Inc,

Recent Developments in the Global Vessel Sealing Devices Industry

  • Olympus Corporation, a Japan-based manufacturer, offers Thunderbeat instrument lineups for endoscopic and open surgery. The device uses ultrasonic energy for fast and precise dissection.
  • In September 2022, Olympus expanded its global footprint with an investment of US$ 34 million in Coimbra, Portugal.
  • Ethicon’s Enseal X1 Curved Jaw Tissue Sealer was released in June 2021. This product is used for gynecological, thoracic, bariatric, and colorectal procedures.
  • Hologic Inc., a medical technology company, acquired Bolder Surgical, a developer and manufacturer of energy vessel sealing surgical devices, in October 2021 for US$ 160 million, to broaden their surgical portfolio.

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Segments Covered in the Global Vessel Sealing Devices Industry Analysis

By Application

  • General Surgery
  • Laparoscopic Surgery

By End User

By Region

  • North America
  • Latin America
  • Europe
  • The Middle East and Africa
  • East Asia

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
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T: +1-845-579-5705
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Global Chronic Wound Care Market Continues Upward Trajectory, Projected to Reach US$ 25,042.5 Million at a 3.8% CAGR

Chronic Wound Care Market
Chronic Wound Care Market

The global chronic wound care market is anticipated to grow at a CAGR of 3.8%. It is anticipated that by 2033, the market value will have grown from US$ 17,272.4 million in 2023 to US$ 25,042.5 million. The market for chronic wound care was estimated to be worth US$ 16,689.3 million in 2022, and in 2023, it is projected to increase at a rate of 3.5% year over year.

As a result of increased research and development by numerous governmental and non-governmental entities, new, creative items should hit the market. According to a Frontiers in Physics research, new smart bandages have been developed that allow clinicians to speak with patients without having to touch the wound.

In addition, scientists from the Indian Institute of Science have created magnetic nanofiber bandages that provide a non-invasive method of treating skin cancer. Researchers at IISc have created a bandage that is created by electrospinning a unique blend of nanoparticles. It has been demonstrated that for the best possible wound care, real-time monitoring of wound parameters at the wound site using a range of sensing modalities—including chemical and physical sensors—is crucial. A substantial amount of work has been put into developing technologies in recent years to track several parameters that affect the healing process of wounds, including pH, temperature, pressure, and infection status. To aid in wound diagnosis and treatment, advanced wound therapies have been created, such as local and on-demand drug administration.

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The advancement of technology and innovative 3D techniques, along with trackers and apps, will allow consumers to monitor the healing process of their finger wounds. For instance, Heriot-Watt University researchers developed tiny sensors that track wound healing and speed using a bandage under a bandage. There have been many studies on wound biology, but little is known about the physicality’s that contribute to wound healing, especially at the microscale, where advancement occurs at sub-hair widths. Crichton writes that few studies have actually been conducted on wounds.  

Key Takeaways from the Market Study 

  • The global market size for chronic wound care is estimated to reach US$ 15.98 Billion by 2023.
  • According to the forecast, the market is expected to grow by 7% between 2023 and 2033, reaching a total of US$ 31.46 billion by 2033.
  • Across all wound dressing categories in 2023, advanced wound dressings accounted for 54% of the total market value.
  • Chronic wound care in North America expanded with a market share of 33% in 2022.
  • According to forecasts, by 2023 the diabetic ulcer market will account for 38% of the total market value.

“As diabetic ulcers become more prevalent and new drugs and devices are approved, artificial intelligence and technology are expected to play a significant role in growing sensor-based bandages.” comments a Future Market Insights analyst.

Competitive Landscape 

Research and the development of innovative diagnostic techniques are expected to be the focus of many companies in the near future, resulting in the expansion of their product lines, the acquisition of other companies, and the merger of their businesses.

  • Healthium Medtech, based in Bengaluru, has introduced its new wound dressing portfolio Theruptor Novo to manage chronic wound care such as diabetic foot ulcers and leg ulcers. Healthium expands its portfolio of advanced wound dressing products with Theruptor Novo. Approximately 25% of diabetics will develop a foot ulcer during their lifetime. As a result of complications caused by untreated diabetic foot ulcers, almost 1 lakh amputations have been registered in India today. In addition to being painful and expensive, foot ulcers require a lot of treatment.
  • In an era when complex chronic wound care are on the rise, while access to wound care nurse specialists is becoming more challenging, HARTMAN USA and Corstrata announce their partnership to support home health and other in-home providers. Clinical expertise and evidence-based treatment protocols are essential to integrate advanced wound dressings with a successful wound care program. BerryDunn’s National Healthcare at Home Best Practices and Future Insights Study, published in recent months by top-50 accounting firm BerryDunn, indicates that wound-certified specialists are on staff at all of the top 10% of home health agencies with positive financial surpluses.

 Key Companies Profiled:

  • Paracrine, Inc.
  • Oneness Biotech
  • Biotissue
  • Polarity TE
  • MediWound
  • Anterogen Co., Ltd.
  • TR Therapeutics
  • RHEACELL GmbH & Co.KG
  • Smith & Nephew
  • Kaken Pharmaceutical

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Key Segments Profiled in the Chronic Wound Care Market Industry Survey

Type:

  • Diabetic Ulcers
  • Pressure Ulcers
  • Venous Ulcers
  • Other Chronic Wounds

Product:

  • Advanced Wound Dressings
  • Wound Care Therapy
  • Active Therapy
  • Others

End User:

  • Hospital and Wound Care Centers
  • Homecare Settings
  • Others

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Global Catheter-Related Bloodstream Infection (CRBSI) Treatment Industry Projected to Reach US$2.7 Billion by 2033, Driven by Steady Growth at 5.6% CAGR | FMI

Global Catheter-Related Bloodstream Infection Treatment
Global Catheter-Related Bloodstream Infection Treatment

The Global Catheter-Related Bloodstream Infection (CRBSI) Treatment Industry is poised for significant growth, with a projected valuation of US$2,668.6 million by 2033. This represents a robust Compound Annual Growth Rate (CAGR) of 5.6% anticipated during the forecast period (2023-2033). The market’s current strength is evident from its estimated value of US$1,466.9 million in 2022.

Although the COVID-19 pandemic affected various end-user industries, it also created pressure on the healthcare industry. As more people suffered from various ailments during the pandemic, the demand for catheters increased. As more patients were exposed to the use of catheters, the rate of bloodstream infections increased too.

Furthermore, technological advancements play a crucial role in fueling the market growth. For instance, miniaturized catheters and the introduction of antimicrobial catheters are expected to reduce catheter-associated infections Although major players are innovating, launching, and introducing safer catheters, the limited expansion of the same is contributing to the market for catheter-related bloodstream infusions.

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Key Takeaways from the Global Catheter-Related Bloodstream Infection (CRBSI) Treatment Industry Study

  • By distribution channel, hospital pharmacies are expected to possess a 40% market share for the catheter-related bloodstream infections market in 2023.
  • By drug class, antimicrobial catheters are expected to possess a 35% market share for catheter-related bloodstream infections in 2023.
  • North America is expected to possess a 35% market share for the catheter-related bloodstream infection market in 2023.
  • Asia Pacific is expected to possess a 30% market share for the catheter-related bloodstream infection market in 2023.

“Rise in prevalence of diseases that require catheter are increasing the number of patients suffering from catheter-related bloodstream infections. This, in turn, is supporting the growth of the market.” states a FMI analyst

Global Catheter-Related Bloodstream Infection (CRBSI) Treatment Industry Competitive Landscape

Key players in the catheter-related bloodstream infection are Xellia Pharmaceuticals Ltd, Pfizer, Glenmark Pharmaceuticals Ltd, Fresenius Medical Care, CorMedix, TauroPhar GmbH, Geistlich Pharma, Citus Pharmaceuticals, AstraZeneca Pharma India Ltd, Merck Sharp & Dohme Corp

  • In August 2021, Xellia Pharmaceuticals (‘Xellia’), a global leader in the manufacturing of specialty anti-infective treatments, announced that its manufacturing site in Cleveland, Ohio is now commercially operational and has released the first anti-infectives manufactured at the site, to be distributed for use by US hospitals.
  • In February 2020, CorMedix, Inc. announced that Neutrolin received a grant from the U.S. Food and Drug Administration for the prevention of catheter-related bloodstream infections (CRBSIs) in hemodialysis patients.

Intravascular catheter-associated bloodstream infection (ICABSI) is an infection that occurs when bacteria or other microorganisms enter the bloodstream through a catheter. Catheters are medical devices that are inserted into the body to deliver fluids, medications, or nutrition. They are commonly used in hospitals, long-term care facilities, and in the home for patients who require ongoing medical treatment.

Global Catheter-Related Bloodstream Infection (CRBSI) Treatment Industry Key Companies Profiled: 

  • Xellia Pharmaceuticals Ltd.
  • Pfizer
  • Glenmark Pharmaceuticals Ltd.
  • Fresenius Medical Care
  • CorMedix
  • TauroPhar GmbH
  • Geistlich Pharma
  • Citus Pharmaceuticals
  • AstraZeneca Pharma India Ltd.
  • Merck Sharp & Dohme Corp

Key Segments Profiled in the Global Catheter-Related Bloodstream Infection (CRBSI) Treatment Industry Survey

Drug Class:

Pathogens:

  • Contaminated Catheter Hub
  • Contaminated Infusate
  • Skin Insertion
  • Hematogenous

Source of Infection:

  • Aureus
  • Aeruginsa
  • CONS
  • Baumanii
  • Coli
  • Pnemoniae
  • Candida sp

Route of Administration:

Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

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Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani

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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Personal Care Packaging Market Set to Reach US$ 68.0 Billion by 2034, Fueled by Rising Consumer Demand

The personal care packaging market is a dynamic sector within the broader packaging industry that caters specifically to products in the personal care and beauty industry. Personal care products encompass a wide range, including skincare, haircare, cosmetics, fragrances, and toiletries. Packaging for these products plays a crucial role in brand identity, product protection, and consumer convenience.

The personal care packaging market is poised for significant growth, with a projected market value of US$ 43.8 billion by the year 2024. Anticipating further expansion, the market is expected to reach a valuation of US$ 68.0 billion by 2034. This trajectory reflects a robust Compound Annual Growth Rate (CAGR) of 4.5% throughout the forecast period spanning from 2024 to 2034.

The escalating market value signifies the increasing importance placed on packaging within the personal care industry. As consumers demand not only effective and appealing personal care products but also sustainable and innovative packaging solutions, the market is witnessing a continuous evolution to meet these expectations. The projected growth underscores the pivotal role that packaging plays in product differentiation, brand identity, and overall consumer experience within the dynamic landscape of the personal care sector.

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Market Key Trends

Adherence to strict regulations governing packaging materials, particularly in the realm of personal care items, holds the potential to instigate shifts in packaging methodologies. Ensuring compliance with regulatory standards and prioritizing product safety stand as imperative considerations for participants in the market.

The expanding market for premium and luxury personal care goods has opened avenues for packaging that communicates a sense of refinement and exclusivity. Premium personal care packaging frequently integrates high-quality materials, distinctive designs, and upscale finishes to align with the elevated expectations associated with luxury products.

The integration of intelligent packaging technologies, such as QR codes, RFID tags, or augmented reality, represents a forward-looking approach to personal care packaging. These technologies not only furnish additional information to consumers but also elevate their overall interaction with personal care products, enhancing the user experience.

Market Drivers

A growing awareness among consumers regarding the environmental repercussions of packaging has spurred a heightened emphasis on sustainability. Anticipating this shift in consumer sentiment, businesses within the personal care sector are anticipated to embrace eco-friendly packaging solutions, aligning with market expectations and striving to minimize their environmental impact.

Elevating the appeal of personal care products can be achieved through imaginative and utilitarian packaging designs. Pioneering advancements in packaging materials, configurations, and functionalities present an opportunity for product distinctiveness on store shelves. These innovations not only set products apart but also capture consumer attention, emphasizing the crucial interplay between packaging creativity and consumer engagement.

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Market Opportunity

  • Integration of smart packaging technologies, such as radio frequency identification and near field communication, allows for interactive packaging that provides information to consumers, enhances product engagement, and supports supply chain visibility.
  • AR and VR technologies are being used in packaging to create interactive and immersive experiences for consumers. The trend enhances brand engagement and provides a novel way for consumers to explore and understand personal care products.

Key Players

  • Amcor Plc
  • WestRock Company
  • Mondi Group
  • Sonoco Products Company
  • Gerresheimer Ag
  • Albea Services S.A.S
  • HCT Packaging Inc
  • Ampac Holdings LLC
  • Crown Holdings Inc.
  • Ball Corporation

Market Segmentation

By Application:

  • Skin Care
  • Hair Care
  • Make Up
  • Nail Care

By Packaging Format:

  • Bottles
  • Jars
  • Tubes
  • Sachet
  • Stick Packs
  • Pouches
  • Others

By Capacity:

  • Up to 50 ml
  • 51 ml to 100 ml
  • 101 ml to 200 ml
  • Above 200 ml

By Region:

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

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

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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Global HER2 Positive Gastric Cancer Market Set to Flourish, Expected to Reach US$1779.8 Million by 2033 with a 3.5% CAGR

HER2 Positive Gastric Cancer Market
HER2 Positive Gastric Cancer Market

The global HER2-positive gastric cancer treatments market is expected to grow at a compound annual growth rate (CAGR) of 3.5%, with a current valuation of US$ 1261.8 million by 2023. Healthcare technology advancements are expected to drive the market to US$1779.8 million by 2033.

The market for gastric cancer that is HER2-positive will likely experience rapid expansion as more people become aware of the symptoms and causes of the illness.The market is expected to develop due to an increase in product releases and approvals, as well as increased business activity in conducting clinical trials to find effective treatments for patients with stomach cancer that is HER2 positive.

For instance, in January 2021, the U.S. FDA approved Enhertu, an antibody-drug conjugate product, to treat HER-2 positive stomach cancers that have spread. Additionally, it is projected that the market’s growth would be aided by the increasing number of drugs in the pipeline that are gaining special designations.

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North America dominates the HER 2 positive gastric cancer market due to the presence of key market players’ presence, along with recent product launches and established healthcare infrastructure, which will accelerate the market’s growth in the region. The significant R&D investments in Europe abode well for market growth.

Key Takeaways from the Market Study

  • As of 2023, the HER2 positive gastric cancer market was valued at US$ 1261.8 Million
  • From 2023 to 2033, the HER2 positive gastric cancer industry is poised to grow at an 3.5% CAGR
  • By 2033, the HER2 positive gastric cancer market is slated to reach a valuation of US$ 1779.8Million
  • Based on therapy, the targeted therapy segment dominated the global market in 2023 with a revenue share of over 55.4%.
  • China is poised to yield a CAGR of 3.2% with respect HER2 positive gastric cancer in 2033

“Technological advancement in healthcare and increase in the prevalence of gastric cancer is expected to radically transform the HER 2 positive gastric cancer market in the coming years,” comments an analyst at FMI.

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Competitive Landscape

  • AstraZeneca
  • Bayer
  • Bristol-Myers Squibb
  • Ono Pharmaceutical Co. Ltd
  • Hutchison Medipharma
  • LintonPharm
  • Shanghai Henlius Biotech
  • Sanofi
  • Pfizer
  • Novartis AG

Manufacturers and players functional in the global HER 2 positive gastric cancer market are adopting various corporate growth strategies such as new product launches, mergers and acquisitions, and geographical expansion, among others.

  • In September 2022 -Shanghai Henlius Biotech, Inc announced a phase 1 clinical trial of the company’s HLX22, an anti-human epidermal growth factor receptor-2 (HER2) humanised monoclonal antibody(mAb) injection, has been completed in patients with HER2 overexpressing advanced solid tumours. The results of this study demonstrated the good safety and tolerability of HLX22.
  • In January 2022 — LintonPharm Co., Ltd., a China-based biopharmaceutical company focusing on the development of T cell engaging bispecific antibodies for cancer immunotherapy, announces that it has completed the enrollment of stage 1 of the global phase III trial (clinicaltrials.gov: NCT04222114). This trial evaluates the safety and efficacy of Catumaxomab, a bispecific monoclonal antibody, in adult patients with advanced Gastric Cancer with Peritoneal Carcinomatosis (GCPC).

Key Segments Covered in HER2 Positive Gastric Cancer Industry Survey

HER2 Positive Gastric Cancer Market by Therapy:

  • Chemotherapy
  • Immunotherapy
  • Radiation Therapy
  • Targeted Therapy

HER2 Positive Gastric Cancer Market by Stage:

  • Stage I
  • Stage II
  • Stage III
  • Stage IV

HER2 Positive Gastric Cancer Market by End-User:

  • Ambulatory surgery centres,
  • Hospitals and Specialty clinics
  • Others

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
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Bottle Capping Machine Market to Reach US$ 1,952.2 Million by 2033, Driven by Innovation in Food & Beverage Production

The bottle-capping machine market size is projected to be worth US$ 1,361.3 million in 2023. The market is expected to reach US$ 1,952.2 million by the end of 2033. Sales are estimated to soar at a CAGR of 3.7% during the forecast period 2023 to 2033.

In today’s time, when it comes to the filling industry, having the right machinery for capping is a must-have in business to operate successfully. Capping the bottles/containers manually is not the best way to go for the industry. Making sure that the capping machine is tight enough the caps or even sealed properly not only does that in a fraction of the time, but it also needs to ensure that the product is secured and, most importantly, sanitary.

Growing demand for automated machines will likely drive the demand for bottle capping machines market during the forecast period. Automation in bottling processes improves production efficiency by reducing manual labor, minimizing human error, and achieving consistent capping quality. This is essential in meeting the increasing demand for bottled products.

Automated bottle capping machines can cap bottles much faster than manual capping, allowing manufacturers to meet higher production targets. Over time, automation reduces labor costs, as fewer human workers are required for capping operations. This can lead to significant cost savings for manufacturers.

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Automation ensures that caps are consistently applied with the right torque, reducing the risk of leaks or spoilage. This is crucial for maintaining product quality and meeting industry standards.

Modern bottle-capping machines are designed to handle a wide range of bottle sizes, types, and cap styles. This makes them suitable for several industries, from beverages to pharmaceuticals.

Automation allows quick changeovers between different bottle sizes and cap types, accommodating product variations and seasonal demands. Several automated capping machines are equipped with data collection and monitoring capabilities. It helps provide valuable insights into production efficiency and helps with predictive maintenance.

Industries such as food & beverages, pharmaceuticals, and personal care are projected to expand. The demand for bottle-capping machines is expected to increase in tandem with the demand for their products.

Automation can help ensure compliance with regulations and standards, such as tamper-evident sealing in the pharmaceutical and food industries, which is vital for market access. Manufacturers are continually innovating to offer customized solutions that cater to specific industry needs, further driving demand for bottle-capping machines.

There are several types of caps and technology. It can be semi-automated or fully automated. It also has the key probability to go as they can do most of the job themselves.

Key Takeaways from the Bottle Capping Machine Market:

  • The global market for bottle capping machines is expected to worth at US$ 1,952.2 million by 2033 end
  • The bottle capping machine industry in Japan is predicted to exhibit a 3.3% CAGR between 2023 and 2033.
  • China’s bottle capping machine industry is predicted to hold a revenue of US$ 296.7 million.
  • Based on machine type, the snap-on capping machine segment is expected to dominate the market with a 4.8% CAGR through 2033.
  • Based on the end-use industry, the pharmaceutical industry is expected to soar at 4.5% CAGR from 2023 to 2033.

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Competitive Landscape

Key manufacturers are investing in research & development to develop innovative capping machines with advanced features for improved efficiency and flexibility. They are offering customized capping solutions to meet specific needs of different industries, such as food & beverages, pharmaceuticals, and cosmetics. They are also emphasizing automation of capping to reduce labor costs and improve production speed & accuracy.

Key Market Players

  • Accutek Packaging Equipment Companies, Inc.
  • Closure Systems International
  • E-PAK Machinery, Inc.
  • Liquid Packaging Solutions, Inc.
  • KWT Machine Systems Co., Ltd.
  • TORQ Packaging USA
  • Kinex Cappers® LLC,
  • Pack Leader Machinery Inc.
  • Acasi Machinery Inc.
  • Zalkin Americas llc.
  • Pharmapack Technologies Corporation
  • Busch Machinery, Inc.
  • SaintyCo
  • Filling Equipment Co., Inc.
  • New England Machinery (A Massman Company)
  • Lodha International LLP

Key Companies in the Bottle Capping Machine Market

  • Capping machines are available from Accutek Packaging, Kiss Packaging Systems, and Biner Ellison for a variety of uses and production levels. The tightening or securing of a container’s cap is what a bottle capping machine does. Every business that packs goods into bottles, jars, or other containers requires a mechanism to secure the lid, and the cap is the most popular option.
  • A pioneer in the design and production of cutting-edge closures for a variety of uses in the consumer and industrial industries is Closure Systems International Inc. (CSI). CSI offers unmatched customer and technical assistance for fast-speed systems for application in addition to premium closures and capping equipment.

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Segmentation

By Automation:

  • Automated
  • Semi-automated
  • Manual

By Operating Speed:

  • 50 Bottles/minute
  • 50 to 250 Bottles/minute
  • 250 to 500 Bottles/minute
  • Above 500 Bottle/minute

By Machine Type:

  • Screw Capping Machine
  • Snap-on Capping Machine
  • ROPP (Roll-on Pilfer-proof) Capping Machine
  • Crown Capping Machine

By End-use Industry:

  • Food & Beverage
  • Pharmaceutical
  • Cosmetics & Personal Care
  • Chemicals
  • Automotive
  • Others (Household)

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Central Asia
  • Russia & Belarus
  • Balkan & Baltic Countries
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani 

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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USA Swine Vaccine Industry is anticipated to expand at a consistent 6% CAGR and attain a significant worth of US$ 319 Million by 2032 | FMI

USA Swine Vaccine Industry
USA Swine Vaccine Industry

The United States Swine Vaccine Industry is also expected to experience healthy growth, with a projected valuation of US$319 million by 2032. This represents a CAGR of 6%, indicating a steady rise in demand for swine vaccines within the US market. The absolute dollar potential for the US market is estimated at US$137 million, highlighting the significant market opportunity.

The global swine vaccine market is on a trajectory for significant growth, driven by the increasing importance of animal health and biosecurity. According to a recent analysis by Future Market Insights (FMI), the market is expected to reach a staggering US$112 billion by 2032. This translates to a robust Compound Annual Growth Rate (CAGR) of 6.1% anticipated between 2022 and 2032.

The COVID-19 pandemic is predicted to have impacted the business operations of prominent swine vaccine players adversely. The impact of the pandemic, with its supply chain disruptions and bottlenecks, delayed the delivery of required raw materials or active parts and postponed certain study and development activities. At the same time, simultaneous outbreaks of African swine fever in numerous regions put pressure on swine vaccine manufacturers to meet the escalating demand in an uncertain economic environment.

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There is also growing global concern about antimicrobial resistance in agriculture and veterinary medicine. For instance, in January 2022, the European Union (EU) banned the use of antibiotics in animal husbandry, and the ban was extended to cover preventive treatments as well.

This law forced pig farms to adopt non-antibiotic approaches to disease prevention, such as vaccination. In the next ten years, this regulation is likely to prove beneficial for the expansion of the European swine vaccine market. Increasing investment by prominent players to propel advanced goods for better diagnostics is also expected to boost both demand and sales between 2022 and 2032.

Key Takeaways from the Global Swine Vaccine Industry

  • US$ 112 million valuation is anticipated for the United Kingdom swine vaccine market in 2032.
  • The European swine vaccine market is accelerating primarily due to government initiatives aimed at preventing a repeat of the 2009 swine flu pandemic.
  • In 2021, the value of the global swine vaccine market was estimated to be around US$ 1.5 billion.
  • Between 2022 and 2032, FMI expects a steady 8% CAGR to accelerate the global market.
  • Demand for swine vaccines is also increasing in the agriculture industry due to the EU’s ban on antibiotic use in animal husbandry, which came into effect in January 2022.

“Players in Europe swine vaccine market are well aware of various governments’ intentions of avoiding a repeat of the 2009 swine flu pandemic. As a result, they are monitoring the evolution of swine influenza virus variants and making changes to their vaccines to keep the European population safe,” says an analyst at Future Market Insights.

Competition Landscape in the USA Swine Vaccine Industry

Prominent players in the European swine vaccine market are implementing numerous strategic initiatives such as acquisitions, partnerships, mergers, and new product launches to gain a competitive edge in the market. Research & development efforts are at the core of these players’ activities as they continue to track the evolution of the swine influenza virus.

Merck Animal Health, Ceva, Zoetis, and Boehringer Ingelheim GmbH are a few of Europe’s key players in the Global Swine Vaccine Industry.

Recent Developments in the Global Swine Vaccine Industry

  • In May 2022, Boehringer Ingelheim GmbH announced the launch of TwistPak, a platform for swine producers that can be used for combining the Ingelvac MycoFLEX and CircoFLEX vaccines conveniently, flexibly, and rapidly.

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Segments Covered in USA Swine Vaccine Industry Analysis

By Type:

  • Swine Influenza
  • Classical Swine Fever
  • Porcine Parvovirus
  • Porcine Circovirus Type 2
  • Hyo
  • Actinobacillus Pleuropneumonia
  • PRRS
  • Foot & Mouth Disease
  • Pseudorabies
  • PEDV
  • Other Types

By Product:

  • Attenuated Live Vaccines
  • Inactivated Vaccines
  • Subunit Vaccines
  • DNA Vaccines
  • Recombinant Vaccines

 Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani

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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Beverage Filter Paper Market Set to Exceed US$ 1.1 Billion by 2034, Driven by Eco-Friendly Innovations and Health-Conscious Consumers

Beverage Filter Paper Market
Beverage Filter Paper Market

The beverage filter paper market is predicted to be valued at US$ US$ 747.3 million in 2024 and US$ 1,127.7 million by 2034. Over the projection period, the beverage filter paper market is expected to surge at a CAGR of 4.2%.

Numerous compelling drivers are propelling the beverage filter paper market in recent times. The escalating demand for premium quality beverages, particularly in the coffee and tea industry, has surged. This demand surge has spurred the need for advanced filtration solutions that preserve the taste, aroma, and quality of these beverages.

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An increasing focus on sustainability has become a pivotal driver in the market. Consumers are actively seeking eco-friendly products, prompting key players to develop and introduce biodegradable and compostable filter paper options. This move aligns with its goals to minimize environmental impact and cater to the growing environmentally conscious consumer base.

Technological advancements have played a crucial role in reshaping the beverage filter paper landscape. Innovations in filtration techniques and materials have significantly enhanced the efficiency and performance of filter papers, meeting evolving industry standards and consumer preferences.

Industry Trends:

  1. Sustainability and Eco-Friendly Solutions: There is a growing trend towards eco-friendly and sustainable filter paper options, driven by consumer preferences for environmentally conscious products and the adoption of green practices by industry players.
  2. Customization and Specialization: The market is witnessing a trend towards customized filter paper solutions tailored to specific beverage types, accommodating the diverse needs of coffee, tea, and other beverage producers.
  3. Rapid Adoption of Single-Use Filters: Single-use filter papers are gaining popularity due to their convenience and hygiene benefits, especially in the context of on-the-go beverage consumption.
  4. Rise of Cold Brew and Ready-to-Drink Beverages: The increasing popularity of cold brew coffee and ready-to-drink beverages is influencing the demand for specialized filter papers that can cater to the unique filtration requirements of these products.
  5. Digitalization in Manufacturing Processes: Integration of digital technologies, such as automation and data analytics, in filter paper manufacturing processes is a notable trend, leading to improved efficiency, quality control, and production scalability.

Key Takeaways from the Beverage Filter Paper Market Report

  • The beverage filter paper market is led by China, projecting a 5.9% CAGR until 2034.
  • France is at the forefront, anticipating a 4.1% CAGR growth by 2034.
  • Japan is poised for a 3.5% CAGR by 2034.
  • The unbleached category is expected to maintain its supremacy with a 61.3% market share until 2024.
  • FMI anticipates that the institutional segment is expected to attain a market share of 46.2% by 2024.

Key Companies Profiled        

  1. Ahlstrom-Munksjö
  2. Hario
  3. Bunn-O-Matic Corporation
  4. AeroPress
  5. Chemex
  6. Melitta
  7. Flair Espresso
  8. Toddy
  9. Wilbur Curtis
  10. Brewista
  11. Kalita

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Segmentation Analysis :

By Material:

  • Bleached
  • Unbleached

By Beverage Type:

  • Coffee
  • Tea
  • Alcoholic Beverages
  • Other Beverages

By End Use:

  • Institutional
  • Commercial
  • Household

By Region:

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

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani 

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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Global Automated and Closed Cell Therapy Systems Industry Set for Explosive Growth at 22.8% CAGR, Reaching US$9.4 Billion by 2033 | FMI

Global Automated and Closed Cell Therapy Systems Industry
Global Automated and Closed Cell Therapy Systems Industry

The Global Automated and Closed Cell Therapy Systems Industry is poised for a revolutionary transformation, driven by a staggering Compound Annual Growth Rate (CAGR) of 22.8% anticipated from 2023 to 2033. This remarkable growth trajectory signifies a significant leap forward in bioprocessing, with the market expected to reach a value of US$9.4 billion by 2033, compared to its current state of US$1.2 billion in 2023.

Over the past decade, the healthcare sector has expanded remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancements in technology have created impressive scope within the medical sector for diagnostics and therapeutics.

The report offers extensive data sets validating key trends impacting growth in the Automated and Closed Cell Therapy Processing Systems market. It offers insights into strategies adopted by the key players and addresses the concerns that will challenge the growth of the Automated and Closed Cell Therapy Processing Systems market. With our extensive research and information about the past, current, and future market scenario, the Automated and Closed Cell Therapy Processing Systems market report will help and identify the concerns, for a smooth sail of the small & medium as well as large enterprises.

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Critical Questions Answered in the Report

What are ongoing trends that will shape market growth curve for the global Automated and Closed Cell Therapy Processing Systems market?
What are the drivers and challenges affecting the Automated and Closed Cell Therapy Processing Systems market demand?
What are the recent technological advancement in the Automated and Closed Cell Therapy Processing Systems market?
What are key trends and opportunities that will prevail the revenue growth of Automated and Closed Cell Therapy Processing Systems market players?
How will evolving regulatory policies impact market growth?
What is the impact of COVID-19 on the Automated and Closed Cell Therapy Processing Systems market?

Global Automated and Closed Cell Therapy Systems Industry: Segmentation

By Region

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

Detailed analysis of the geographical region and country-wise insights are offered in the latest Automated and Closed Cell Therapy Processing Systems market report with established market players as well as incumbents in the region.

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Segments Covered in Global Automated and Closed Cell Therapy Systems Industry Analysis

By Type:

By Workflow:

  • Separation, Expansion
  • Apheresis
  • Fill-Finish
  • Cryopreservation
  • Other Workflows

By Scale:

  • Pre-commercial/R&D Scale
  • Commercial Scale

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and a list of tables.

Competitive Analysis

By Prominent Market Players

Some key companies in the market are MiltenyiBiotec, Lonza, Fresenius Kabi, Cytiva, BioSpherix, Terumo, Cellars, and Sartorius.

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani

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
LinkedInTwitterBlogs | YouTube

Vacuum-Sealed Packaging Market to Hit US$ 20.1 Billion by 2034, Fueled by Consumer Preference for Freshness and Sustainability

Vacuum-Sealed Packaging Market
Vacuum-Sealed Packaging Market

The vacuum-sealed packaging market is poised for significant growth, with the global market size projected to reach US$ 13.2 billion by 2024. The vacuum-sealed packaging sales are expected to witness a robust CAGR of 4.3% from 2024 to 2034. By 2034, the vacuum-sealed packaging demand is anticipated to reach a valuation of US$ 20.1 billion.

Forces Steering the Evolution of Vacuum-sealed Packaging Applications

  • Vacuum-sealed packaging reduces food waste, which aligns with environmentally conscious practices as sustainability plays a significant role in consumer decisions. The vacuum-sealed packaging market is expanding due to environmentally friendly packaging materials developments.
  • By limiting exposure to oxygen, moisture, and other environmental elements that can cause spoiling and deterioration, vacuum-sealed packaging helps increase the shelf life of various products. It is significant because it is going to boost vacuum-sealed packaging demand for perishable goods.
  • Vacuum-sealed packaging protects against outside factors like moisture, dust, and other things. This barrier of protection aids in preserving the products’ quality and guarantees that they reach customers in a suitable condition, increasing vacuum-sealed packaging sales.

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Key Takeaways 

  • The food segment in the end-use category is to grab a share of 48.9% from 2024 to 2034.
  • In the material category, the polyethylene (PE) segment to acquire a market share of 41.7% between 2024 and 2034.
  • The sales of vacuum-sealed packaging in the United States are anticipated to surge at a CAGR of 2.7% by 2024.
  • The market in Germany is to develop at a CAGR of 3% through 2024.
  • The demand in the United Kingdom is to grow at a rate of 4.3% from 2024 to 2034.
  • China sales are expected to surge at a CAGR of 4.9% until 2034.
  • India industry is anticipated to boost at a CAGR of 5.7% by 2024.
  • Australia sales are to soar at a CAGR of 3.9% between 2024 and 2034.
  • Japan market is projected to exhibit a CAGR of 3.5% by 2024.
  • North America market to grab a share of 26.3% from 2024 to 2034.
  • Europe to acquire a market share of 22.7% between 2024 and 2034.

Restraints Impacting the Adoption of Vacuum-sealed Packaging Technologies

  • Vacuum-sealed packaging systems frequently need a significant upfront investment in equipment and technology to be put into place. Smaller vacuum-sealed packaging companies may find it challenging to implement vacuum-sealed packaging solutions due to the associated costs.
  • The correct operation and maintenance of vacuum-sealed packaging machinery can necessitate specialized personnel due to its complexity. The intricacy of vacuum-sealed packaging may present obstacles concerning employee training and maintaining uniform performance, resulting in elevated operational expenditures.
  • Following legal requirements and ensuring vacuum-sealed packaging satisfies quality and safety standards can be challenging. The vacuum-sealed packaging businesses must navigate various measures to guarantee compliance, which can be difficult in environments with different regulatory frameworks.

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Market Spotlight of Vacuum-sealed Packaging in Asia Pacific

  • The substantial food and beverage sector and rising consumer awareness of food safety are propelling the growth of the vacuum-sealed packaging market in Asia Pacific.
  • Asia Pacific’s demand for vacuum-sealed packaging solutions is growing due to increased urbanization and a rise in e-commerce.

An in-depth Look at Market Trends of Vacuum-sealed Packaging in North America

  • The demand for vacuum-sealed packaging is expanding steadily in North America owing to a trend toward environmentally friendly packaging options and a greater focus on prolonging the shelf life of perishable items.
  • The pharmaceutical industry’s growing adoption of vacuum-sealed packaging is another important factor influencing the structure of the North America market.

Market Dynamics of Vacuum-sealed Packaging in Europe

  • The Europe vacuum-sealed packaging market strongly emphasizes reducing food waste, and the packaging sector works together to find creative, environmentally friendly ways to solve environmental issues.
  • The adoption of vacuum-sealed packaging is prevalent, primarily due to the strict regulations in Europe concerning food safety and packaging materials.

Key Players

  • Sealed Air Corporation
  • Amcor plc
  • Berry Global Group
  • Schur Flexibles Holding GesmbH
  • Winpak Ltd.
  • Klöckner Pentaplast
  • Allfo GmbH & Co. KG
  • Nemco Machinery A/S
  • Plastissimo Film Co., Ltd.
  • Plastopil Hazorea Company Ltd.
  • Coveris Holdings S.A.
  • The Vacuum Pouch Company Ltd.

Recent Advancements

  • Amcor plc increased its presence in Europe in August 2022 when it bought a state-of-the-art flexible packaging facility in the Czech Republic.
  • Klockner Pentaplast increased its capacity in April 2022 at its Beaver location by adding rPET/PET capacity, which can help the company’s growth in the North America market for sustainable healthcare and food packaging.

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Key Segments

By Material:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyamide (PA)
  • Ethylene Vinyl Alcohol (EVOH)
  • Polyethylene terephthalate (PET)
  • Other

By Product Type:

  • Pouches and Bags
  • Films

By End Use:

  • Food
  • Non-Food

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani 

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
LinkedInTwitterBlogs | YouTube