Global Steam Jet Ejector Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2027

A steam jet ejector is a device that has no moving parts and is used for pumping; the motive force it uses is a fluid or a gas, and the motive fluid is steam. The components of a steam jet ejector include the steam chest, nozzle, suction, throat, diffuser, and discharger. Considering the high utility of steam jet ejectors in vital applications, the study of the steam jet ejector global market becomes an important read.

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Steam Jet Ejector Market: Key Trends, Drivers

Since contemporary energy-efficient steam jet ejector systems have been offering many advantages over other vacuum producing systems and as they can utilize motive steam, which is already available on site and that would otherwise be wasted, steam jet ejectors have been finding increasing industrial applications in recent times, thereby driving their market growth.

Besides, steam jet ejectors are extremely reliable among all high vacuum systems, and are simple in design, and have low noise levels during operation vis-à-vis other vacuum equipment.  Further, steam jet ejectors are found to be ideal for large load applications. They require negligible maintenance as they do not have moving parts, and could be custom designed for specific applications. Steam jet ejectors are easy to retrofit as well as upgrade and are available in any workable material of construction. Such advantages have been significantly driving the global demand for steam jet ejectors in the recent past, and it is expected that these benefits will further propel their market growth for the next few years.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg, and Rest of Western Europe)
  • Eastern Europe (Poland, Russia, and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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 an 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

However, steam jet ejectors display a few limitations. For instance, during operation, it is essential to maintain the design quality of steam. If the steam quality reduces, there is a decline in suction pressure and capacity, especially in multi-stage steam jet ejector designs. Also, excessive superheating of steam can unfavorably affect the suction capacity of steam jet ejectors. It can reduce the ratio of energy levels, and subsequently, the rise in specific volume tends to choke the diffuser.

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The application of steam jet ejectors in a varied number of processes depends on appropriate process conditions. For instance, it is vital that the motive fluid pressure drop is significant enough to develop high nozzle velocities, and that the difference between suction and discharge pressures is not extreme and the suction fluid flow is relatively small compared to the motive fluid.

Such factors are expected to dampen the market growth rate of steam jet ejectors at a global level, as end-users tend to look for suitable substitutes.

Market Participants

Examples of some of the market participants in the global steam jet ejector market are as follows:

  • Croll Reynolds
  • Venturi Jet Pumps Ltd.
  • Gardner Denver Nash
  • Graham Corporation
  • Körting Hannover AG
  • Chem Process Systems
  • Unique Systems
  • Mazda Limited
  • Jet Vacuum Systems Pvt. Ltd.
  • New Field Industrial Equipment Pvt. Ltd.

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, applications, and industry.

By segmentation:

Based on product type, the global steam jet ejector market is segmented as follows:

  • Single-stage steam jet ejectors
  • Multi-stage steam jet ejectors

Based on application type, the global steam jet ejector market is segmented as follows:

  • Crude oil distillation
  • Petrochemical processes
  • Edible oil deodorization
  • Organic motivated systems
  • Fertilizer plant operations
  • Thermal compressors
  • Hybrid vacuum systems
  • Metals vacuum degassing
  • Space simulation

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Steam jet ejectors are simple in operation, reliable in functioning, and incur low operational costs to produce the vacuum. They find numerous applications in the chemical industry and are found to be of high utility where a supply of high-pressure motive gas is available on the site. They possess several advantages over mechanical vacuum pumps. For instance, no source of power is required other than the motive gas, unlike that in mechanical vacuum pumps. Steam jet ejectors are also dependable producers of vacuum as they do not possess moving parts, and offer ease in installation, operation, and maintenance.

Enteral Feeding Devices Market is predicted to expand at a CAGR of 6.6% over the forecast period 2021–2030

As healthcare infrastructure has improved, life expectancy has raised its bar. While this is welcome news, the rapidly proliferating geriatric population has also led to increased incidence of age-related ailments, both malignant and non-malignant. Conditions such as cancer, multiple sclerosis, dementia and brain damage have increased multifold.

All the aforementioned conditions have a deleterious impact on the patient’s digestive system, causing dyspepsia, throat and mouth pain, diarrhea and IBS. These co-morbidities render it impossible for patients to consume solid food. Hence, healthcare providers are accelerating the adoption of enteral feeding devices and provide adequate nutrients to patients.

Global Enteral Feeding Devices Market- Key Findings

  • Enteral feeding devices market to expand at 6.6% CAGR from 2020-2030
  • Oncology remains principal application area, neurological disorders to generate green spaces
  • Nasoenteric feeding tubes to share the revenue pie with feeding pumps, attributed to effectiveness of nutrient delivery
  • Homecare settings garnering major traction due to launch of easy-to-use and consumer friendly devices
  • East & South Asia will emerge as potential revenue hotspots during the forecast period

COVID-19’s Impact Analysis

The COVID-19 pandemic has prompted the healthcare industry to run into an overdrive mode, ceaselessly working to find a potential cure for this deadly virus. As the world economy heads toward a recession, the enteral feeding devices market shall remain afloat.

As infected patients experience digestive problems, the demand for alternative food administration sources has risen. This has upticked the deployment of enteral feeding device on an increased frequency. Additionally, vendors are concentrating on strengthening regional distribution networks to ensure uninterrupted supply of equipment to various healthcare settings and organizations.

Demand across the United States, Brazil and India will especially remain strong, given the fact that these are the worst affected countries, providing immense scope for revenue generation to prominent manufacturers.

“The global enteral feeding devices is in its growth stage, prompting vendors to flood the market with innovative and technologically advanced products, bringing the markets one step closer towards maturity,” infers the FMI analyst.

enteral feeding devices regional plc position & notable trends

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Competitive Landscape

Prominent players in the enteral feeding devices market include ICU Medical, Boston Scientific Corporation, Fresenius Kabi, Abbott Laboratories, Cook Medical, Cardinal Health, Inc., Becton Dickinson & Company and Dynarex Corporation among others. Besides this, a number of regional players also dominate the landscape.

In 2014, Cook Medical launched the Entuit Thrive Balloon Retention Gastronomy Feeding Tube for gastronomy and gastropexy procedures. This launch was a part and parcel of the company’s efforts to expand its enteral feeding devices product pipeline.

Boston Scientific Corporation markets a broad range of enteral devices such as the EndoVive Enteral Feeding Tube Kits. To expand its gastroenterology product portfolio, the company announced a limited market release of its Exalt Model-D single-use duodenoscope in January 2020.

In 2016, Cardinal Health launched its Kangaroo Joey Enteral Feed and Flush Pump to expand its adult nasogastric feeding tubes portfolio.

ICU Medical markets the Lopez Valve and EnFit Lopez Valve Closed Enteral Tubes which provide protection from accidental exposure to infectious body fluids to healthcare workers.

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Enteral Feeding Devices Market: Segmentation

Product Type

  • Enteral Feeding Pumps
  • Enteral Feeding Tubes
  • Enterostomy Feeding Tubes
  • Standard Tubes
  • Standard Gastrostomy Tubes
  • Standard Jejunostomy Tubes
  • Standard Gastrojejunostromy Tubes
  • Low Profile Tubes
  • Low-profile Gastrostomy Tubes
  • Low-profile Jejunostomy Tubes
  • Nasoenteric Feeding Tubes
  • Nasogastric Feeding Tubes
  • Nasojejunal Feeding Tubes
  • Nasoduodenal Feeding Tubes
  • Oroenteric Feeding Tubes
  • Administration Sets
  • Enteral Syringes
  • Consumables

Application

  • Oncology
  • Gastroenterology
  • Diabetes
  • Neurological Disorders
  • Others

Age Group

  • Adult
  • Pediatric

End-user

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Homecare Settings
  • Others

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Region

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

Global Grain And Seed Cleaning Equipment Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2026

With the advent of smart and advanced equipment, farmers are capable of performing complex operations, which were once near to impossible to perform manually. Grain and seed cleaning equipment are one type of the important agricultural machineries, which have helped farmers to increase the yield and easily harvest the crops and hence earn healthy profits.Owing to the rapid technological advancement, the agricultural sector has drastically transformed over the past few years.

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Grain & seed cleaning equipment are unavoidable ones in agricultural industry since it has led to significant decrease in turnaround time post harvesting. The equipment helps to speed up the processing of seeds and grains. A wide variety of machines are available depending upon the type of crop and operational requirement. The grain & seed cleaning equipment market is flooded with large number of players who provide customized solutions to individual customers.

The advanced grain & seed cleaning equipment provide high efficiency and purity in cleaning all types of crops such as grains, flower seeds, garden seeds, grass seeds and leguminous seeds, it also ensures uniform feeding of screens throughout the process. Different types of pre-cleaning, fine cleaning and grading equipment are available in the market in small, medium and large size, depending upon the end user requirement.

Region-wise Outlook

Significant demand for grain & seed cleaning equipment is expected to be observed in Asia Pacific region over the forecast period, primarily from China, India and ASEAN countries – the rapidly growing agriculture equipment markets in Asia Pacific. Europe and North America agriculture equipment markets are expected to exhibit moderate growth. Germany, France, Spain and the U.K. are projected to be the major contributors to the growth of the global market. Middle East &Africa region is expected to witness nominal growth, primarily owing to the growth of agricultural sector in African countries.

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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)

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.

Key Players:

Examples of some of the market participants identified in the global grain & seed cleaning equipment market are,

  • SYNMEC International Trading Ltd
  • Bench Industries
  • Seedburo Equipment Company
  • A.T. Ferrell Company Inc.
  • Flaman Group of Companies
  • Buhler Trading Inc.
  • Grain Cleaning, LLC
  • Lewis M. Carter Manufacturing, LLC
  • AGCO Corporation
  • Crippen Manufacturing Company
  • Westrup A/S
  • ArrowCorp Inc.

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.

By Segmentation:

The grain & seed cleaning equipment market can be segmented on the basis of end use, product type and operation.

On the basis of end use, the grain & seed cleaning equipment market can be segmented into:

  • Grain Cleaners
  • Seed Cleaners

On the basis of product type, the grain & seed cleaning equipment market can be segmented into:

  • Air Screen Cleaners
  • Aspirators
  • Gravity Separators
  • Spiral Separators
  • Dehuller
  • Vibratory Conveyors
  • Others

On the basis of operation, the grain & seed cleaning equipment market can be segmented into:

  • Pre-cleaning
  • Fine Cleaning
  • Grading

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Grain & Seed Cleaning Equipment Market: Dynamics

The ever increasing population across the globe has considerably increased the demand for crop yield and food products, which in turn has bolstered the demand for better and efficient agriculture equipment that includes grain & seed cleaning equipment as well. Adoption of smart farming techniques, particularly in developing economies of Asia Pacific, Latin America and Africa is expected to significantly drive the growth of the global grain & seed cleaning equipment market. Furthermore, friendly loan and taxation policies across the geographies are also expected to boost the sales of grain & seed cleaning equipment over the forecast period.

Supply Chain Management (SCM) Market Size Revenue Forecast Worldwide From 2021 To 2031

The supply chain management (SCM) market solutions revenue totaled ~US$ 19.5 Bn for 2020, according to Future Market Insights’ (FMI’s) latest study. The overall market is expected to reach ~US$ 62.6 Bn by 2031, growing at a CAGR of 11.4% for 2021 – 31. The demand for supply chain management solutions will accelerate with top 5 providers holding around 50.2% of total market in 2020.

Newly released data on the supply chain management demand outlook indicates 8.7% y-o-y growth in 2021. Among industry verticals, the market share for retail & consumer goods sector is the largest among all. However, the transportation & logistics segment will grow at 14.6% CAGR to emerge as the fastest growing end user through the assessment period.

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Increasing demand for supply chain management (SCM) market solutions from both large enterprises and small and medium enterprises (SMEs), growing awareness about the benefits offered by SCM solutions, including supply chain optimization, forecasting accuracy, meaningful synthesis of business data, and wastage minimization are likely to fuel the demand for supply chain management solutions over the coming years.

The SCM sales is estimated to rise at 11.4% CAGR between 2021 and 2031 in comparison with 8.6% CAGR registered during 2016-2020. The global supply chain management growth scenario is anticipated to witness an increase in revenue from ~US$ 21.2 Bn in 2021 to ~US$ 62.6 Bn by 2031.

“Supply chain management solutions enable organizations to efficiently manage potential challenges such as demand spikes, inventory and labor shortages, and transportation disruptions, along with effectively mitigating supply chain disturbances. In addition to this, agility and omnichannel supply chains are becoming the norm, while the increasing availability of Big Data means organizations are now able to close the loop with prescriptive analytics and make informed supply chain decisions,” says FMI analyst.

Chief factors fueling the demand for supply chain management solutions include high growth in eCommerce, need for greater transparency and visibility in supply chain processes and data, enhancing business continuity by minimizing potential failures, and rising adoption of cloud supply chain management among SMEs.

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Key Takeaways: Supply Chain Management Market
• By software solution segment, the integrated SCM platform/suite is anticipated to account for the leading market share. The segment is estimated to grow at a robust CAGR of 13.5% through 2031.
• Based on deployment, the on-premises segment is estimated to account for more than half of the software solution segment in 2021.
• The demand for supply chain management in large enterprises is expected to grow at the highest rate.
• Demand for supply chain management in transportation & logistics and manufacturing sector is estimated to grow at an impressive CAGRs. However, retail & consumer goods segment is estimated to continue to hold dominant market share in the global supply chain management market during the forecast period.
• Among the regions, North America is estimated to hold highest market share followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
• The market in Japan is expected to progress at a noteworthy CAGR of more than 14% through 2031.
• In the U.K., sales are expected to increase tremendously at a CAGR of 11.4% over the next ten years.

COVID-19 Impact Analysis on Supply Chain Management Market
The COVID–19 pandemic has compelled several industries and organizations to revamp their global supply chain model. The lockdown implemented to contain the spread of the virus across various countries has shut down economies and is impacting every aspect of the supply chain around the world.
The global pandemic affected almost all aspects of the global economy over the past few months. One industry that has seen remarkable changes is e-commerce.

There is a huge pressure on the supply chain logistics industry to keep up with the ever-rising demand, as self-isolated consumers are shifting towards online shopping platforms. Accordingly, logistics companies are stepping up with innovative strategies to respond to these rapidly shifting logistics trends in 2021.

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Competitive Landscape
Some of the leading companies in this landscape are IBM Corporation, Oracle, SAP SE, Manhattan Associates, and E2open LLC among others. As per Future Market Insights, nearly 60% of the market share is currently covered by the top 15 players.

Foam Cooler Box Market Development, Market Trends, Key Driven Factors, Segmentation And Forecast To 2021-2031

As per Future Market Insights (FMI), sales of foam cooler boxes are set to expand by 1.9X between 2021 and 2031. Burgeoning demand for temperature-controlled packaging products is resulting in increased sales of foam cooler boxes.

Following the outbreak of COVID-19, pharmaceutical supplies and food & beverages products witnessed skyrocketing demand. In response to this, the consumption of temperature controlled packaging products escalated during the FQ-20.

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Increasing development of vaccines, lifesaving drugs, and other essential pharmaceutical ingredients improved the demand for temperature-controlled products for safe transportation. Hence, the outbreak of COVID-19 and need for safe packaging solutions have stimulated the demand for foam cooler boxes.

Rising awareness regarding preservation of food items to increase their shelf lives and decrease the overall wastage is encouraging manufacturers to opt for foam cooler boxes. Improper storage and transportation facilities might results in damaged food products, causing losses in the food industry.

As consumers are demanding fresh food to be delivered to their doorsteps, leading food brands and suppliers are increasing the adoption of foam cooler boxes to offer a longer shelf life.

Foam cooler boxes will therefore remain highly sought-after for packaging in dairy products, frozen meat, seafood and other such items including fruits & vegetables.

Key Takeaways from Foam Cooler Box Market
  • The foam cooler boxes having a capacity of above 150 Quart are anticipated to register growth at 8.1% CAGR between 2021 and 2031.
  • Large-sized foam cooler boxes are gaining traction among exporters and supply chain partners, due to a decrease in overall transportation and packaging costs incurred by key end-users.
  • Presence of leading pharmaceutical companies along with increasing production of COVID-19 vaccines in the U.S. are accelerating demand for foam cooler boxes. The U.S. is projected to offer a total incremental opportunity of US$ 211 Mn over the upcoming decade.
  • Sales of foam cooler boxes made up of polyurethane are estimated to grow by 1.9X compared to 2020 market value over the forecast period.
  • Germany will account for 15.3% of total sales of foam cooler boxes across the Europe foam cooler box market.
  • In terms of end-use, pharmaceutical industry offers incremental opportunity of US$ 704 Mn between 2021 and 2031.

“Surging adoption of frozen food items and focus on development of pharmaceutical drugs are stimulating the demand for foam cooler boxes across the globe. Manufacturers are offering disposable and re-usable product options for foam cooler boxes, creating billion dollar sales opportunities in the market,” says FMI analyst.

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Foam Cooler Box Market Landscape

Some of the key players operating in the global industrial packaging market are Yeti Coolers, LLC, Igloo Products Corporation, The Coleman Company, Inc, Sonoco ThermoSafe, Cool Ice Box Co Ltd, Coldchain Technologies, Inc, Plastilite Corporation, Pelican Products, Inc., MacNeill Pride Group (ORCA), Bison Coolers, RTIC Outdoors LLC, Koolatron US, Aohong Industry Co., Ltd., Rodman Plastics Company Ltd., and Carris Pipes & Tubes Pvt. Ltd.

Composite IBCs Market : The Trends Driving Growth And Shaping The Future 2027

The recent study of the Global Composite IBCs Market provides the market size information and market trends along with the factors and parameters impacting it in both the short and long term. FMI report highlights key market dynamics of Composite IBCs industry and covers historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry.

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

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

COVID-19 Impact Analysis on Composite IBCs Market

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

Secondary Research

In the secondary research process, different sources have been referred to identify and collect information for this study. These secondary sources include annual reports, press releases, and investor presentations of companies; white papers; and certified publications; and articles from recognized authors. Secondary research has been mainly used to obtain key information about the value chain of the industry, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, experts from both the supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, and related key executives from major companies and organizations operating in the protective packaging market. Primary sources from the demand side include experts and key personnel in various applications.

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Why Choose Future Market Insights

  • 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

 

 Composite IBCs Market: Competition Analysis

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

Key players covered in the report include:

Greif Inc., Snyder Industries, Inc., Hoover Ferguson Group, Inc., Time Technoplast Ltd., Mauser Group B.V., Composite Containers, LLC, and Pacific Container Systems.

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Important Questions Answered in the Composite IBCs Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • What are the future prospects for Composite IBCs market in the coming years?
  • Which trends are likely to contribute to the development rate of the industry during the forecast period   ?
  • Which factors have attributed to an increased sale worldwide?
  • What is the present status of competitive development?
  • What are the restraints affecting the growth of the global Composite IBCs market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis

 

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Garment Steamer Market to exhibit a CAGR of 5.2% between 2021 and 2030

Exhibiting a year-on-year growth of above 5%, the garment steamer market is projected to remain steady through 2020-2030. Future Market Insights (FMI) attributes liberal spending by consumers for the expansion of the market, in its recently published report on global garment steamer market.

Consumers are currently enjoying unbridled access to information through digital and offline platforms. Consequently, they are rendered conscious, now more than ever before. Consumer’s purchase decisions often reflect their product knowledge and increasing desire to own technology driven home appliances.

The garment steamer market although not saturated yet is a highly competitive one. Frequent product launches and lower brand loyalty among consumers have compelled market players to maintain a competitive pricing for their products.

FMI observes a higher focus among manufacturers to make their products more user-friendly. They are offering easy operation modes, better convenience in maintenance, and portable and lightweight designs to woo consumers.

Consumer tendency for using products for different purposes has increased. This tendency could hamper growth prospects for the market. However, manufacturers are trying to use this very aspect to their benefit.

An increasing number of them are promoting the multi-purpose uses of garment steamers, which can be used for cloth steaming as well as drying. The inclusion of multiple features will enable the companies to tap into the prevailing trends.

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Driven by these factors, the global garment steamer market is expected to surpass US$ 1.4 Bn by 2020. FMI offers in-depth analysis of the garment steamer market in its report. Some of the key takeaways from the report are:

  • An increasing number of companies are expected to capitalize on the trend of product premiumization. Targeting mass audiences is not enough for companies to sustain in the competitive market hence they are likely to leverage brand power to uptick sales
  • Online platforms are expected to emerge as highly lucrative sales channels. Consumer inclination towards purchasing online to avail various offers will aid the expansion of the segment
  • Behemoths such as Walmart Inc., Amazon.com, Inc., and others are likely to leverage their online presence as well as venture into offline sales. This could make competition prevailing in the market fiercer
  • The demand in handheld garment steamer segment is expected to surge exponentially. The utility and efficiency of these products with regards to advanced features and easy storage will spur their sales
  • Europe is expected to remain dominant garment steamer market through the course of the report’s forecast period

Who is winning?

Some of the key players operating in the garment steamer market Koninklijke Philips N.V., Groupe SEB, Panasonic Corporation, Electrolux AB, Jiffy Steamer Company, LLC, Bear Down Brands LLC, Pursteam Company, SALAV USA, MARYANT, INC., Reliable Corporation, Hamilton Beach Brands Holding Company, AICOK, Pro Breeze, Steamfast Company, Stanley Black & Decker, Inc., Conair Corp., Secura Inc., Epica company, LG Electronics, Godrej & Boyce Mfg. Co. Ltd., IFB Industries Ltd., Samsung Electronics, GE Appliances, Midea Group Co., Ltd., Shanghai Flyco Electrical Appliance Co., Ltd., Haier Group Corporation, and among others.

Garment steamer companies are investing in product innovation and technology, expanding their footprints, and launching new products to cater to the growing demand in the market. This will allow companies to increase their brand awareness and will help them gain competitive advantage. The market is therefore witnessing a slew of launches. Some of these are:

  • In 2020, PurSteam launched its newest portable/handheld garment steamer.
  • In 2019, AICOK launched its upright garment steamer, BG525 with adjustable pole from 81.9cm/ 32in to 165cm/ 64.9in.
  • In 2019, Panasonic Corporation launched upright garment steamer, NI-GWE080 with a fabric board for stability of ironing.

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Get Valuable Insights into Garment Steamer Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global garment steamer market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the garment steamer market based on the product type (handheld/portable garment steamer & upright/non-portable garment steamer), power (below 750 watt, 750-1000 watt, 1000-1500 watt, 1500-2500 watt, and 2500 watt & above), water tank capacity (Below 500 ml, 500 ml- 1 litre, 1-2 litre, 2-3 litre, 3-4 litre, and 4 litre & above), material (plastic, anti-lock braking system (ABS), metal, aluminium, stainless steel, cast iron, and ceramic), price range (economy/ mid-range, and premium), end-user (commercial and household), sales channel (direct and indirect) across seven major regions.

Market Segmentation

Product Type

  • Handheld/ Portable garment steamer
  • Upright/Non-Portable garment steamer

Power

  • Below 750 Watt
  • 750-1000 Watt
  • 1000-1500 Watt
  • 1500-2500 Watt
  • 2500 Watt & Above

Water Tank Capacity

  • Below 500 ml
  • 500 ml- 1 Litre
  • 1-2 Litre
  • 2-3 Litre
  • 3-4 Litre
  • 4 Litre & Above

Material

  • Plastic
  • Anti-Lock Braking System (ABS)
  • Metal
  • Aluminium
  • Stainless Steel
  • Cast Iron
  • Ceramic

Price Range

  • Economy/ Mid-Range
  • Premium

End User

  • Households
  • Others
  • Commercial
    • Hotel & Restaurants
    • Hospitals
    • Long Term Care Centers

Sales Channel

  • Direct
  • Indirect
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Independent Small Stores
    • Discounted Stores
    • Online Sales Channel
    • Others

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Region

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

Over-The-Counter Pain Medication Market to exceed US$ 19.3 billion in 2019

The OTC (over-the-counter) pain medication market surpassed US$ 18 billion in 2018, with growth influenced by changing perceptions on generic pharmaceutical drugs, according to a recent study published by Future Market Insights (FMI). The study opines that market revenue will rev up at an improved rate of 3.7% to exceed US$ 19.3 billion in 2019. FMI analyzes various aspects of market growth influencing the OTC pain medication market.

Many consumers are making a shift to generic drugs to reduce total spending on non-prescription or OTC pain medication. Various governing bodies, such as the United States Food and Drug Administration (FDA), have implemented stringent regulations and labeling rules to ensure the safety and effectiveness of OTC pain medications. Leading players in the OTC pain medication market are collaborating with generic drug-makers to capitalize on the trend of consumer inclination towards generic versions of branded OTC pain medications, finds FMI.

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The FMI study features valuable and actionable insights obtained through thorough research on OTC pain medication market. Some of the insights mentioned in the study are,

Growing geriatric population and prevalence of chronic pain-related disorders among the elderly population is bolstering sales of OTC pain medications.Over 20% of the adult population of the world is already suffering from pain-related disorders and new cased of pain-related problems are reported by over 10% of the global population, which is increasing significantly every years. This is providing an impetus to growth of the OTC pain medication market.Increasing awareness about the side effects of pain killers, such as stomach ulcers and gastrointestinal problems, may hamper the OTC pain medication market growth.Developed countries will dominate the OTC pain medications market with more than half the revenue share of the market. However, developing countries in Southeast Asia will witness fastest growth in the OTC pain medication market with rapidly developing pharmaceuticals and healthcare sector in the region.Acetaminophen Drugs Hold Majority Share in OTC Pain Medication Market

The FMI study thoroughly assesses growth of the OTC pain medication market based on various drug classes, such as Nonsteroidal anti-inflammatory drugs (NSAIDS), acetaminophen, and local anesthetics. The study finds that acetaminophens are among the most commonly purchased OTC pain medication, and this drug class holds 45% share in the revenues of OTC pain medication market. As acetaminophen is considered as a safer pain medication than other pain relievers, its demand will continue to remain high in the upcoming years, opines the FMI study.

The Consumer Healthcare Products Association (CHPA), an American trade association, recently published a study on the misuse of acetaminophen-based OTC combination products. The study found that a 28 percent decline was recorded in therapeutic misuse exposures involving acetaminophen-containing OTC combination products. The incidents of acetaminophen misuse decreased from 8,753 to 6,278 between 2007 and 2016, which is a substantial evidence for the safety and effectiveness of acetaminophen-containing OTC pain medications.

Thereby, the FMI study opines that the acetaminophen drugs will maintain a maximum share of over US$ 8.7 billion in the OTC pain medication market through 2019, and the trend will continue to persist in the coming future.

Governments take Initiatives to Spread Awareness about Safe Use of OTC Pain Medications

Despite the increasing reliance on OTC pain medications, a large consumer group is still skeptical about their effectiveness and positive impacts on health. In order to help consumers to avoid incorrect use of OTC pain medications, many governing bodies including FDA have developed guidelines and tips for patients for choosing appropriate OTC pain medications. Consumers are becoming conscious about the drug fact labeling (DFL) requirements and other regulations vis-a-vis OTC pain medications, which is influencing major dynamics of the OTC pain medication market, projects the FMI study.

The study provides a futuristic overview of the OTC pain medication market with important information about growth prospects of the market during the forecast period 2018-2028. The study predicts that the OTC pain medication market will witness healthy growth at a healthy 4.5% value CAGR to reach US$ 13 billion by the end of the assessment period.

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Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies Detailed insights of market segments and sub-segments for historical as well as forecast period A competitive analysis of prominent players and emerging players in the keyword market Detailed information about the product innovation, mergers and acquisitions lined up in upcoming yearsGround breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website:https://www.futuremarketinsights.com

Animal Artificial Insemination Market is likely to gain impetus, exhibiting 6.5% year-on-year growth in 2021

According to Future Market Insights (FMI) analysis, demand for animal artificial insemination is expected to rise considerably, enabling the animal artificial insemination market to surpass US$ 2.0 Bn in valuation by the end of 2021.

Rising initiatives by various governments worldwide to ensure food security are expected to sustainably drive demand for artificial insemination in animals. Besides this, demand for genetically superior quality cattle breed will have a positive impact on the market.

Increasing consumption of animal protein and demand for high-quality milk and dairy products will fuel the demand for animal artificial insemination procedures between 2021 and 2031.

Global meat production has increased in the past several years and is estimated to increase from 218 million tons to 376 million tons by 2030. According to the Organization for Economic Co-operation and Development (OECD), the U.S. meat consumption was on average of 35kg per capita in 2020.

There also has been an increase in per capita consumption of milk and milk products. According to the OECD and FAO, in 2020, the global per capita dairy consumption of milk and dairy products was estimated at 113.7 kg. Also, it is estimated that this number is expected to increase by 44% by 2029.

The rise in consumption of animal proteins and milk products has made dairy farmers and livestock breeders to focus on obtaining genetically better breed for large-scale productions. This also is expected to boost the growth of the animal artificial insemination market.

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Key Takeaways from Animal Artificial Insemination Market Study

  • Despite restricted growth amid pandemic crisis, the demand for artificial insemination is expected to witness a small push and thus, is expected to rise nearly 5.4 % CAGR between 2021 and 2031.
  • Growing awareness regarding animal health and growth in per capita animal expenditure are the key factors attributable for the rising demand of artificial insemination process.
  • The U.S. accounted for the largest share of 93% of the North America animal artificial insemination market through the forecast period.
  • In 2021, Germany led the Europe animal artificial insemination market, followed by France and U.K., accounting for more than 20% and 15 % respectively.
  • China is the fastest-growing market in East Asia, exhibiting a 7.4% CAGR through 2031.

“Research and development initiatives by governments coupled with advancements in biotechnology and animal science will offer lucrative growth opportunities for animal artificial insemination market,” said a FMI Analyst.

Advancements In Biotechnology and Animal Sciences To Offer Growth Opportunities

Artificial insemination (AI) in animals has transitioned from being just a novel method to impregnate the female to be an advanced technique used for improving the livestock by protecting it from various infectious diseases.

Greater focus on innovation coupled with advancements in biotechnology to avoid animal diseases is expected to create a favorable platform for the development of artificial insemination products, especially, in high-income economies such as the U.S., U.K. Germany. Artificial insemination (AI), Embryo transfer (ET), in-vitro fertilization (IVF), and somatic cell nuclear transfer are some of the emerging technologies in this space.

Continued investments in research towards genetic improvements could improve the breeding quality of animals using artificial insemination procedures, hence providing opportunities for market growth.

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Who is Winning?

The global market is set to expand due to the growing demand for animal services and the rising prevalence of animal diseases. To expand their product offerings, leading players within the market are focused on expanding by pursuing mergers, acquisitions and collaboration as one of their key growth strategies. Also, this would allow the key players to strengthen their presence in the region as well as global markets.

Some of the leading players in the global animal artificial insemination market include but are not limited to Boehringer Ingelheim, Elanco Animal Health, Zoetis Inc., Merck & Co., Inc., Swine Genetics International, Revival Animal Health Inc., Jorgensen Laboratories Inc., Agtech Inc., ABS Global, Inc., Continental Plastic Corporation, and IMV Technologies.

Animal Artificial Insemination Market by Category

Product type

  • Insemination Equipment
    • Catheters
    • Micromanipulation Pipettes
    • Insemination Gun
  • Artificial Insemination Syringe
  • Insemination Sheath
  • Artificial Insemination Applicator
  • Reagent Media
    • Bovine Media
    • Equine Media
    • IVF Media
  • Thawer
  • Accessories
  • Artificial Insemination Kits
  • Others
  • Artificial Insemination Straws

Animal Type

  • Canine
  • Feline
  • Swine
  • Bovine
  • Equine
  • Ruminant

Procedure Type

  • Semen Collection Procedures
    • Artificial Vagina
    • Electrostimulation
  • Insemination Procedures
    • Recto Vaginal
    • Spectrum
    • Vaginal

End Users

  • Animal Hospitals
  • Animal Clinics
  • Animal Breeding Centers
  • Others

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-10831

Region

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

Platelet Rich Plasma Market is projected to expand at steady 6% CAGR through 2031

ining the market dynamics such as drivers, restraints and opportunities, along with Porter’s five force analysis and market attractiveness analysis. In addition, various analyses such as event impact analysis, regulatory scenario and value chain analysis has also been provided. Event impact analysis encompasses the major events occurred in past decade and are expected to occur during the forecast period and are likely to affect the market dynamics positively or negatively. Value chain analysis includes the study of major steps involved in the PRP devices preparation and distribution. Regulatory scenario includes the study of different regulatory norms and procedures that regulate the approval and commercialization of PRP devices and products.

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The global PRP market has been segmented on the basis of types, origins and applications. On the basis of types, the global PRP market is categorized as pure-PRP (P-PRP), leukocyte-rich PRP (L-PRP) and pure PRF/leukocyte-rich PRF (L-PRF). Moreover, on the basis of origin, the PRP market has been segmented into autologus, homologus and allogenic PRP. Furthermore, on the basis of applications, the global PRP market has been classified as neurosurgery, cosmetic surgery, orthopedic surgery, general surgery and others (cardiothoracic surgery, urology, periodontal surgery and oral and maxillofacial surgery). The market for these types, origins and applications has been extensively analyzed on the basis of factors such as usage pattern, sales revenue, geographic presence and technological developments. The market size and forecast in terms of revenue (US$ Mn) for each of these segments have been provided for the period 2012 to 2026, considering 2013 as the base year.

Geographically, the PRP market has been classified into four segments namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecast for each region has been provided for the period 2012 to 2026, in terms of origin, types and applications, along with the CAGR (%) for the forecast period 2015 to 2026.

The report also provides a section on the competitive landscape, wherein the market share analysis of leading players in the global PRP market, in terms of percentage share in 2013 has been discussed. A list of recommendations has also been included for new entrants as well as existing market players to help them establish a strong presence in the market and increase their market share. The report concludes with the profiles of major players in the global PRP market such as AdiStem Ltd., Arteriocyte Medical Systems, Inc., Arthrex, Inc., Biomet, Inc., Cesca Therapeutics, Inc., DePuy Synthes, Inc., Dr. PRP America LLC., EmCyte Corporation, Exactech, Inc., Harvest Technologies Corp., Nuo Therapeutics, Inc., Regen Lab SA, and Stryker Corporation. The major market players are evaluated on various parameters such as company overview, financial overview, product portfolio, business strategies and recent developments.

Global Platelet Rich Plasma (PRP) Market is segmented as follows:

  • Global Platelet Rich Plasma (PRP) Market, by Types
    • Pure-Platelet Rich Plasma (P-PRP)
    • Leukocyte-Platelet Rich Plasma (L-PRP)
    • Leukocyte-Platelet Rich Fibrin (L-PRF)
  • Global Platelet Rich Plasma (PRP) Market, by Origin
    • Autologus
    • Homologus
    • Allogenic

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  • Global Platelet Rich Plasma (PRP) Market, by Applications
    • Orthopedic Surgery
    • Cosmetic Surgery
    • General Surgery
    • Neurosurgery
    • Other Surgeries (Urological, Cardiothoracic, Periodontal and Oral and Maxillofacial)
  • Global Platelet Rich Plasma (PRP) Market, by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World (RoW)

Explore Wide-ranging Coverage of FMI’s Healthcare Landscape

Centrifugal Blood Pump Market – A slew of cardiovascular products were launched for the management of cardiac disorders over the last decade and development of more are currently underway. With leading manufacturers expecting the demand to surge amid COVID-19, centrifugal blood pump sales are set to grow steadily through 2030.

Pharmaceutical Intermediates Market – The global diabetes prevalence in 2019 is estimated to be 9.3% (463 million people), rising to 10.2% (578 million) by 2030, and the number is rising rapidly. Pharmaceutical drugs have remained key to management of chronic diseases and other diseases.

Respiratory Inhaler Devices Market – A slew of new drugs were launched for the management of asthma and COPD over the last decade and development of more are currently underway. With leading drug manufacturers expecting the demand to surge amid COVID-19, respiratory inhaler sales are set to grow steadily through 2030.

About FMI       

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us                                        

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com