Produce Packaging Market 2021 Outlook, Current and Future Industry Landscape Analysis 2022

According to the latest research report by Future Market Insights (FMI), the global produce packaging market will register a moderate CAGR throughout the forecast period – 2017 to 2022. Revenues from produce packaging across the globe are estimated to reach nearly US$ 35,400 Mn by 2022-end.

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Adoption of Local Fresh Produce

The U.S. Food and Drug Administration has been taking unprecedented, major steps in preventing foodborne disorders by establishing and enforcing food safety standards for food importers and local produce farms. This had led consumers in purchasing local food, seeking product freshness as well as providing support to local economy. However, only one-third consumers think purchasing local food will offer better food value. Such perception is highly important, particularly in a post-recession economy. Retailers and large brands are now highlighting adoption of local fresh produce as an implication toward product freshness.

Demand for Meat- & Gluten-Free Food Products driving Popularity of Fresh Produce

The market for produce packaging across the globe is highly competitive, with presence of numerous regional and well-diversified global vendors. The market’s competitive environment will intensify in the foreseeable future, with increasing innovations in technology and product extensions. In addition, robust expansion of agricultural trade and production worldwide will result into rapid adoption of produce packaging. In addition, demand for meat- & gluten-free food products has surged, which in turn has led fresh produce to gain higher popularity in retail stores and foodservice industries.

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Key Research Findings from FMI’s Report on Global Produce Packaging Market

  • Asia-Pacific excluding Japan (APEJ) will continue to be the largest market for produce packaging. Robust production rates of fresh produce in the region has been enabling packaging to play an indispensable role in marketing, tracing, and protecting the farm-produced products. Consumers in APEJ are inclining more towards consumption of nutritious and fresh fruits.
  • Although produce packaging markets in Europe and North America will register a parallel growth, revenues from the market in Europe will remain higher than those from North America throughout the forecast period.
  • Among packaging types, corrugated boxes will continue to be sought-after in the global produce packaging market. This is mainly because of their lightweight, graphics capabilities, established recycling infrastructure, decent protective performance, and comparatively low cost. However, increasing competition from reusable plastic containers might restrain growth in sales of corrugated boxes for produce packaging in the upcoming years. Plastic containers are projected to emerge as the fastest expanding packaging type of produce packaging through 2022.
  • Trends toward healthier eating habits, rising availability of ready-to-eat foods, and rapid population expansion are factors influencing application of produce packaging in fruits and vegetables. Application of produce packaging in fruits will account for the largest market revenue share in 2017 and the trend is projected to continue throughout the forecast period. Application of produce packaging in vegetables will witness a moderate expansion through 2022, driven by introduction of new produce packaging products for vegetables.

The report by FMI has profiled key industries contributing to growth of the global produce packaging market, which include KapStone Paper and Packaging Corporation, DS Smith PLC, Mondi Group plc, Amcor Ltd., Smurfit Kappa Group plc, International Paper Co., Pactiv LLC, Georgia-Pacific LLC, Bemis Company, Inc., and Sealed Air Corp.

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About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us
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Cosmetic Tubes Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2021

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Cosmetic Tubes Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of researchers at Future Business Insights are focussing on research and market study to produce different Cosmetic Tubes Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Cosmetic Tubes Market.

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cosmetic tubes market sector region wise plc position and notable trends 2021 2031

The report on the global Cosmetic Tubes market provides an up-to-date analysis of the existing scenario of the market along with the latest drivers and trends, and the overall environment of the said market. This report comes with an objective as well as an in-depth study of the existing state aimed at the growth of the key players, strategies of the market, and prominent drivers of the market. The report also makes the involvement of the important achievements pertaining to the launch of new products, regional growth, research and development, product responses, and market achievements. In addition to that, the regional growth of the prominent market players has been included in the report so as to provide a 360 view of the said market.

The following players hold a significant share in the global Cosmetic Tubes market:

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

  • Albéa Beauty Holdings S.A, Essel Propack Limited, CCL Industries Inc., Montebello Packaging, LINHARDT GmbH & Co. KG., Berry Global Group, Inc., Huhtamaki Oyj, Tubopress Italia SPA, Hoffmann Neopac AG and IntraPac International Corporation

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Capacity Type

  • Below 50 ml
  • 50 ml – 100 ml
  • 100 ml – 150 ml
  • 150 ml – 200 ml
  • Above 200 ml

Material Type

  • Plastic
  • Aluminum
  • Laminated

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Queries Solved

  • What is the size of the overall Cosmetic Tubes Market in the Food and Beverage Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Cosmetic Tubes Market in the Food and Beverage Market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Cosmetic Tubes Market in the Food and Beverage Market?
  • What is the Cosmetic Tubes Market in the Food and Beverage Market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Cosmetic Tubes Market in the Food and Beverage Market?
  • What are the recent trends in Cosmetic Tubes Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Cosmetic Tubes Market in the growth of the Food and Beverage Market?
  • What are the key market trends impacting the growth of the Cosmetic Tubes Market in the Food and Beverage Market?       

Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts.This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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Sarcoidosis Therapeutics Market Estimated to Expand at a Robust CAGR By 2027

Sarcoidosis also known as Besnier-Boeck-Schaumann disease is an inflammatory disease characterized by formation of garnulomas. The autoagressive systemic disease affects the organs throughout the body where the nodules contains collection of inflammatory cells. In majority of the cases sarcoidosis is cured within a year or two and only 30% of the sarcoidosis develop chronic disease.

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The market for sarcoidosis therapeutics is expected to boom due to the number of research undertaking and funding to control the rising prevalence of this disease. NIH granted USD 8.3 million to the University of Pittsburgh to explore the relationship between lung bacteria, the gene activation process and sarcoidosis disease progression. For the sarcoidosis study the Genomics and Informatics Center would collect patient clinical data from seven clinical center and use advanced microbiome and genome profiling techniques to identify biomarkers. These biomarkers would help identify the current state of lung disease and further predict its progression. Such integration of microbiome, genome and clinical information for sarcoidosis disease would dramatically change its management.

Sarcoidosis therapeutics market has been segmented on the basis of diagnosis, treatment and region.

There is no blood test for diagnosis sarcoidosis. In order to negate some other infections, doctors always tests skin or lung sample during biopsy. In case where the patient chest x-ray is abnormal, bronchoscopy is performed. Small pieces of lung tissues are collected for testing.

Treatment of sarcoidosis starts by limiting the initiation of granuloma formation by inhibiting antigen processing, preventing fibrosing processe, limiting inflammatory lesions causing organ interference, severe chronic fatigue, inhibiting constitutional manifestations like cough and exertional dyspnea.

The number of clinical trials undertaken for sarcoidosis has increased past some years. The disease is highly undiscovered and hence offers a potential for industry players to mark their market presence. Some companies such as Auven Therapeutics have obtained rights from research universities to further carry out clinical trials on a new molecule. Auven Therapeutics obtained rights to futher develop KIACTA from the Icahn School of Medicine. The research is now carried as a collaborative effort between Auven Therapeutics and BELLUS Health. The companies are evaluating the potential use of KIACTA for the treatment of patients suffering from pulmonary sarcoidosis. They have developed a Phase2/3 protocol to evaluate the efficacy and safety of KIACTA in sarcoidosis.

Geographically, sarcoidosis therapeutics market is segmented into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. North America region is projected to dominate the sarcoidosis therapeutics marketover the forecast period. The amount of research undertaken by various companies, industry academia partnership and funding to encourage more research are some of the factors contributing to North Americas lion share. Europe is the second largest region in terms of revenue share as it also has number of clinical trials ongoing.

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Asia Pacific is expected to be the fastest growing region for the sarcoidosistherapeutics market. The region is expected to boom owing to the prevalence rate and grants received from various international associations. A professor from National Jewish Health, received USD 40,000 per for two years from the Foundation for Sarcoidosis Research (FSR) grant /American Thoracic Society. The Foundation for Saroidosis Research (FSR) is a non-profit organization dedicated to find a cure or improve care for sarcoidosis. The foundation has awarded USD 1 million for research and additional USD 1.2 million for funding to investigators.

Key Players

Some of the key players in sarcoidosis therapeutics market include Bellus Helath, FirstString Research Inc., Relief Therapeutics, Araim Pharmaceuticals, Inc., Merck & Co., Inc., Novartis AG, PharmaIN Corporation, Adaptimmune Therapeutics Plc, EpiZyme, Inc. and Advenchen Laboratories, LLC.

This 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 geography, product type, material type, and end-use.

The Report covers exhaust Analysis on:

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

Regional Analysis includes:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & 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.

Sarcoidosis Therapeutics Market

Based on the diagnosis, therapy, sarcoidosis therapeutics market is segmented into the following

Based on the diagnosis, sarcoidosis therapeutics market is segmented into the following:

  • X-ray
  • CT Scan
  • Biopsy
  • Lung function tests
  • Others

Based on the therapy, sarcoidosis therapeutics market is segmented into the following

  • Corticosteroids
  • Immunosuppressant Drugs
  • Tumor Necrosis Factor Alpha (Tnf-Α) Blockers
  • Others

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Report Highlights:

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

Sanitary Food and Beverage Packaging Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2030

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Sanitary Food and Beverage Packaging Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of researchers at Future Business Insights are focussing on research and market study to produce different Sanitary Food and Beverage Packaging Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Sanitary Food and Beverage Packaging Market.

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The report on the global Sanitary Food and Beverage Packaging market provides an up-to-date analysis of the existing scenario of the market along with the latest drivers and trends, and the overall environment of the said market. This report comes with an objective as well as an in-depth study of the existing state aimed at the growth of the key players, strategies of the market, and prominent drivers of the market. The report also makes the involvement of the important achievements pertaining to the launch of new products, regional growth, research and development, product responses, and market achievements. In addition to that, the regional growth of the prominent market players has been included in the report so as to provide a 360 view of the said market.

The following players hold a significant share in the global Sanitary Food and Beverage Packaging market:

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

  • FP Corporation, Chuo Kagaku Co., Ltd., Karatzis S.A., Crown Holdings, Inc., Ball Corporation, Silgan Containers, LLC, Kaira Can Company Limited, and Canfab Packaging Inc.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Packaging Type

  • Paperboard
  • Rigid Plastic
  • Glass
  • Flexible Plastic
  • Metal
  • Other Packaging Types

Product Type

  • Milk and Other Beverage Cartons
  • Cups and Liquid Tight Containers
  • Folding Food Containers
  • Boards and Trays
  • Other Product Types

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Queries Solved

  • What is the size of the overall Sanitary Food and Beverage Packaging Market in the Food and Beverage Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Sanitary Food and Beverage Packaging Market in the Food and Beverage Market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Sanitary Food and Beverage Packaging Market in the Food and Beverage Market?
  • What is the Sanitary Food and Beverage Packaging Market in the Food and Beverage Market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Sanitary Food and Beverage Packaging Market in the Food and Beverage Market?
  • What are the recent trends in Sanitary Food and Beverage Packaging Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Sanitary Food and Beverage Packaging Market in the growth of the Food and Beverage Market?
  • What are the key market trends impacting the growth of the Sanitary Food and Beverage Packaging Market in the Food and Beverage Market?       

Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts.This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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Automated Liquid Handling Systems Market By Application, End-Use, Industry Analysis Report, Country Outlook, Application Potential, Forecast, 2021 – 2027

Automated Liquid handling system refers to the framework designed to transfer the liquid in the final product especially in life sciences applications. It is widely used in serial dilution, biological sample handling, cell-based assays, protein crystallization and chemical and medicine manufacturing, etc. Automated liquid handling systems are indispensable tools and have a broad range of applications in chemical or drug discovery. Automated liquid handling is multi-span, which allows each pipette in an array to move independently, through multiple axes, in addition to the standard side by side. It dispenses with high accuracy and precision because are all sample premeasured mechanically. Automated liquid handling systems have a broad range of applications like Genomics Extractions, Cell Based Assays, Environmental Sample Prep, Custom Solutions, OEM, Nucleic Acid Purification, PCR Setup, Next Generation Sequencing Library Prep, Microarray Spotting, Solid Phase Extraction (SPE), and Liquid Extraction (LLE).

Automated Liquid Handling Systems Market: Drivers and Restraints

Automated liquid handling system has been designed to satisfy the increased demand, technical requirements and budgets for general liquid handling systems in today’s modern laboratories. Automated liquid handling helps maximize accuracy, precision, and throughput while minimizing time and consumable costs. Reducing processing time, decreasing sample contamination, and increasing accuracy in bioassays is possible with automated liquid handling systems. These systems release researchers from long, repetitive, laborious tasks, and free up time for other assays, lab reports, and other lab duties. The standard issue to dispense minuscule volume of fluid with the traditional dispensing system is one factor for the growth of the automated liquid handling system. Additionally, cost and complexity of early systems and technological advancement in automated liquid handling system made it possible to decrease the burden on researchers. All these factors drive the automated liquid handling system market towards robust growth.

Automated liquid handling systems are expensive, complicated, and space-consuming leave many researchers unwilling or unable to maximize the potential of their work. All these factors act as restraints in the growth of the market.

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Automated Liquid Handling Systems Market: Market Overview

Automated liquid handling system has witnessed a burgeoning growth due to enhanced productivity than manual liquid handling. The Companies focus is shifting towards automated liquid handling workstations and laboratory automation technologies to the rising concerns of the research. With a focus on innovative design, company’s combines automated liquid handling technologies with state of the art, quality manufacturing, and outstanding service and support, to provide the ideal automation solution for the laboratory. The future anticipated with double CAGR during forecasting period.

Automated Liquid Handling Systems Market: Region-Wise Overview

Global Automated liquid handling systems market is segmented into following regions North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and the Middle East and Africa. Americas is dominant in the Global Liquid Handling Market mainly due to higher investments in the life sciences projects and increase in manufacturing of pharmaceuticals products. Europe and APAC region fastest growing regions in the automated liquid handling systems market due to a paradigm shift towards lab automation in healthcare and pharmaceutical industries. Economic conditions in the developing countries are set to drive the global liquid handling system market to new heights. Growth in African region is considerably less but still with significant growth.

Automated Liquid Handling Systems Market: Key Participants

The key participants in the automated liquid handling systems market are Corning Incorporated, Hamilton Company, Agilent Technologies, Mettler-Toledo International Inc, PerkinElmer Inc, and Thermo Fisher Scientific, Inc., etc. The companies are mainly focusing on the strong line of distribution channels and marketing to increase the adaptation of automated liquid handling system.

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

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The report covers exhaust analysis on:

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

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.

Automated Liquid Handling Systems Market: Segmentation

Segmentation based on Type

  • Clinicspipets
  • Micropipets

Segmentation based on Modality

  • Disposable tips
  • Fixed tips

Segmentation based on End User

  • Biotechnological & Pharmaceutical Companies
  • Research organizations
  • CRO’s & CRM’s
  • Research institutes

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Report Highlights:

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

Rigid Food Containers Market to Touch US$ 80,000 Mn by 2022

The global rigid food containers market is projected to register a moderate 4 % CAGR throughout the forecast period (2017-2022), according to a new study by Future Market Insights (FMI). The report estimates the global rigid food containers market to surpass revenues worth US$ 80,000 Mn by 2022-end.

Rigid food containers will continue to find the largest applications in ready-to-eat food products, followed by bakery & confectionary. Revenues from sales of rigid food containers for packaging of ready-to-eat food products are projected to account for approximately one-third share of the market in 2017, and will further discern a rise in their market share by 2022-end. Dairy products and meat, poultry & seafood are also anticipated to be lucrative application areas for rigid food containers over the forecast period.

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rigid food containers market

Based on packaging type, revenues from sales of trays will remain the largest during the forecast period, followed by bottles & jars, and boxes & cartons. In addition, although sales of cups & tubs will account for smaller revenue share of the market, their sales are projected to register a healthy expansion through 2022. In contrast, sales of bottles and jars will register a sluggish expansion through 2022.

Plastic and paperboard will continue to be the most lucrative materials for manufacturing rigid food containers. In addition, sales of plastic and paperboard for production of rigid food containers are expected to register the highest CAGRs in the market through 2022. Glass and metal will continue to be comparatively less lucrative materials than plastic and paperboard in the global rigid food containers market.

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Asia-Pacific excluding Japan (APEJ) is anticipated to remain the largest market for rigid food containers, projected to expand at an impressive 5.2% CAGR through 2022. Dominance of APEJ on the market can be highly attributed to robust expansion of food & beverage industry, coupled with an increased demand for eco-friendly & sustainable packaging owing to strict regulations concerning material recycling. China and India will remain the most lucrative countries for the rigid food containers market in APEJ.

North America is expected to remain the second largest market for rigid food containers, with the U.S. being the most lucrative country. Shifting preference towards bioplastics as raw materials for rigid food containers on the back of stringent regulations concerning reduction of carbon footprints will drive growth of the market in North America. Another key factor driving the market growth in this region is increased demand for ready-to-drink beverages and packaged frozen food products on the back of hectic lifestyles of population.

Implications for New Product Development & Channel Strategies in Food Packaging

Rigid food containers are gaining tremendous popularity since the recent past, offering the food products with a long shelf life. Constantly changing lifestyles of consumers, along with their busy work routine, and rapid shifts in household income & size have significantly affected the consumers’ behaviour of buying food products. This has further led towards important implications for new channel strategies and product development in packaging of food, such as rigid containers. Moreover, robust transformations in demographics, improvisations in manufacturing output & productivity, and huge expenditure on packaging of food products across the globe have fuelled requirement for highly advanced packaging facility, such as rigid containers, in the food and beverage sector.

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The global market for rigid food containers is highly fragmented in nature, with a large number of suppliers and manufacturers competing to gain a competitive edge. FMI’s report has listed key participants operating actively in the global market for rigid food containers, which include Huhtamaki Oyj, Bemis Co., Inc., Sonoco Products Co., Printpack Inc., Smurfit Kappa Group PLC, Crown Holdings, Inc., Ball Corporation, DS Smith PLC, Berry Global Group, Inc., Sealed Air Corp., Amcor Ltd., and Packaging Corp. of America.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44(0)20-7692-8790

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Variable Refrigerant Flow (VRF) Systems Market Expectations & Growth Trends Highlighted Until 2027

Variable Refrigerant Flow (VRF) Systems is a mature heating, ventilation and air conditioning (HVAC) technology which simultaneously heat and cool area through extracting heat from an area which needs cooling and transfer heat to another area. Variable refrigerant flow (VRF) systems are installed with air conditioner inverter that adds a dc inverter which drives the control of compressor that modulates heat or cooling in the area. The compressor unit of variable refrigerant flow (VRF) are installed on the roof of the building, and heat & cool refrigerant are connected through piping connected to condition the building.

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Global Variable Refrigerant Flow (VRF) Systems Market: Dynamics

Variable Refrigerant Flow (VRF) Systems is driven by the energy efficient source that saves up to more than 40% energy when compared to VAV electric coil and is a potential factor to the growth of variable refrigerant flow (VRF) systems market. Moreover, variable refrigerant flow (VRF) systems incur a lower cost to provide heating, ventilation and air conditioning (HVAC) systems. A key driver for variable refrigerant flow (VRF) system is its efficiency to control the units with a simple on and off the operation as well as its ability to provide a different level of heating and cooling to a different part of building with variation in motor speed and regulator in refrigerant flow.

For the commercial purpose such as in offices, a variable refrigerant flow system is more appealing than a variable air volume (VAV) systems as the temperature can be controlled in each office thus adds as another potential factor to the growth of variable refrigerant flow (VRF) systems market. Moreover, if a variable refrigerant flow is installed in a smaller building, it can offer special benefit as compared to features in high-end building automation system owing to built-in controls offered by a variable refrigerant flow system with its ability to provide less energy consumption.

Variable refrigerant flow (VRF) system is well-suited applications in older buildings because it can be added on to or replace prevailing equipment in narrow space, where it is currently limited or no ductwork. Hotels have also been a big supporter of variable refrigerant flow systems as they can save the overall operational cost of the hotel owing to HVAC control restricted to particular rooms when needed. Aspects such as quieter operation in working of variable refrigerant flow (VRF) systems compared to traditional PTAC units adds a factor of growth, to the variable refrigerant flow (VRF) systems market.

A challenging factor to the variable refrigerant flow (VRF) system is the guidelines that are shared by ASHRAE to control the concentration limits of refrigerant. Thus time to time maintenance is needed. The leakage of refrigerant which is being piped around the building in larger variable refrigerant flow (VRF) system of 14-20 tons is potentially high and thus can restrain the growth of variable refrigerant flow (VRF) systems.

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Global Variable Refrigerant Flow (VRF) Systems Market: Region Wise Outlook

The Global Variable Refrigerant Flow (VRF) Systems market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). Japan holds a relatively higher market share in the global variable refrigerant flow system market due to a higher presence of the key manufacture of the VRF systems. Followed by Japan is Western Europe which has higher consumption of variable flow (VRF) systems for the commercial building owing to changing the climate in the region.

Developed region of Japan and Europe are estimated to grow at a healthy CARG during the forecast period. The U.S. in North America is one of the growing markets in variable refrigerant flow (VRF) systems. Currently, the U.S. market has major manufacturer products that are certified by AHRI. APEJ is estimated to expand at high CAGR of global variable refrigerant flow (VRF) systems during the forecast period owing to increasing adoption in the buildings, offices as well as hospitals.

Global Variable Refrigerant Flow (VRF) Systems Market:  Prominent Players

Few of the prominent players in the Variable Refrigerant Flow (VRF) Systems market are as follows

  • Daikin industries Ltd.
  • Fujitsu Ltd
  • Mitsubishi Electrical
  • Johnson Controls, Inc.
  • Toshiba Corporation
  • Ingersoll Rand Plc.
  • LG Electronics
  • Midea Group
  • United Technologies Corporation
  • Lennox International 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 categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on:

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

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
  • 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 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.

Flare Gas Recovery System Market are expected to increase at 5.9% CAGR between 2021 and 2031

The flare gas recovery system market is expected to register year-on-year growth at 4.8% in 2021, with the overall valuation expected to reach US$ 1.05 Bn in 2021.

The flare gas recovery system market is expected to register year-on-year growth at 4.8% in 2021, with the overall valuation expected to reach US$ 1.05 Bn in 2021. As per a recent analysis by Future Market Insights (FMI), sales of flare gas recovery systems are expected to increase at 5.9% CAGR between 2021 and 2031.

According to the study, the overall flare gas recovery system market valuation is forecast to top US$ 1.7 Bn by 2031. Compressor technology is expected to remain highly sought-after, and sales of modular flare gas recovery system will increase at a steady pace, exhibiting growth at a 5.7% CAGR in 2021.

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Will the COVID-19 Crisis Hamper Sales of Flare Gas Recovery Systems?

In 2020, the unprecedented COVID-19 outbreak suspended all industrial activities and delayed several oil and gas projects to an extent. The market also saw a significant dip in sales of  FGRS within end-use sectors including oil and gas, chemicals, and industrial fuel gas treatment.

However, government initiatives to resume operations in heavy industries to full capacity and resumption of stalled project activities is likely to propel sales of flame gas recovery systems in the forthcoming years.

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Flare Gas Recovery System Market by Category

By Operating Pressure:

  • Upto 5 bar (small)
  • 5 to 10 bar (medium)
  • 10 to 20 bar (large)
  • 20 to 60 bar ( very large)

By Configuration:

  • Modular
  • Skid Mounted

By Technology:

  • Compressor
    • Reciprocating
    • Screw
    • Liquid Ring
    • Siding Vane
  • Ejector Based

By Flow Rate:

  • Upto 2 MMSCFD
  • 2 to 5  MMSCFD
  • 5 TO 10 MMSCFD
  • 10 TO 20 MMSCFD
  • 20 to 50 MMSCFD

By Application:

  • Oil & Gas
    • Petrochemical Refineries
    • NGL Plants
    • CNG Refineries
    • EOR
    • Pipeline & Syn Gas
    • FPSO Offshore platforms
    • Fuel gas conditioning
  • Chemical Plants
  • Storage Tanks
  • Bio Gas & Landfill
  • Industrial flue gas treatment

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Scope of Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for Value
Key Countries Covered US, Canada, Brazil, Mexico, Argentina Germany, U.K., France, Italy, Spain, Russia, Nordics, China, Japan, South Korea, India, ASEAN Countries, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, Western Africa, Iran and South Africa
Key Segments Covered Operating Pressure, Configuration, Technology, Flow Rate, Application and Regions
Key System Manufacturing  Companies Profiled
  • Honeywell UOP
  • Cimarron Energy, INC.( Jordan Technologies)
  • Wärtsilä
  •  Zeeco, Inc
  • SoEnergy International
  • John Zink Hamworthy Combustion
  • Ramboll Group, Inc.
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

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.

Southeast Asia Pet Care Market Huge Growth Opportunity between 2020-2030

Future Market Insights (FMI) delivers incisive insights into emerging regions in its latest report titled, “Southeast Asia Pet Care  Market Analysis and Opportunity Assessment, 2014 – 2020”. The report states that the SEA pet care market is mainly driven by the burgeoning trends of pet humanization and increasing adoption of private label brands in countries such as Thailand, Singapore, Indonesia and Malaysia.

FMI analyst P.S. Neha sheds light on why the SEA pet care market will become one of the major markets in the region in the near future: “Growth of the pet care market across Southeast Asia is driven by increasing adoption and humanization of pets. Pet owners are now more inclined towards more nutritious, healthy and organic foods for their pets.”

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By type, the overall SEA pet care market is segmented into dog food, cat food, pet products and others. Dog food is the major segment in this region, accounting for a 51.6% share of the market in 2014; however, this is expected to decrease by 30 BPS by 2020.This report also covers the pet care market by category and by channel. On the basis of channel, the market is segmented into supermarket, pet shop, veterinary clinic and others. The supermarket segment is the leading distribution channel in the SEA pet care market. However, veterinary clinics are anticipated to exhibit the fastest CAGR at 7.1%, followed by supermarket at a 6.8% CAGR during the forecast period. This growth is attributed to a shift in consumer buying habits and an increasing inclination of pet owners to purchase health and wellness products from reliable sources such as veterinary clinics.

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Furthermore, by category, the market includes economy-priced, mid-priced and premium-priced products.

Improving consumer lifestyles and increasing disposable income in Southeast Asian countries has resulted in a growing acceptance for pets, not only among the high-income group, but also the middle-income group. In 2014, Thailand was the dominant country in the overall Southeast Asia pet care market with a 43.62% share, followed by Malaysia and Indonesia, accounting for 21.74% and 15.47% respectively.

The pet care market in the Philippines is expected to register a significant CAGR of 8.4%. This is expected to be followed by Vietnam at a CAGR of 8.0% during the forecast period.

Innovation remains the key to gaining a competitive edge in the SEA pet care market, especially in the pet food category. Companies such as Nestlé Purina, Zoetis, Mars, Inc. and Merck & Co., account for over 50% of the overall market share and constantly focus on mergers and acquisitions to expand their geographical presence and customer base.

About Services and Utilities Division at Future Market Insights

Expert analysis, qualitative insights, and strategic recommendations – the Services & Utilities team at Future Market Insights helps clients from all over the globe meet their unique business intelligence needs. The team keeps an eye on evolving trends and recent developments in services and utilities market to offer end-to-end research and reliable consulting services; get in touch to know how we can help.

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Point-Of-Care Genetic Testing Market Study: An Emerging Hint of Opportunity by 2027

Point-of-Care testing is defined as the clinical testing performed at or near the site where clinical care is being given to the patient. It can be performed by patients itself or any personnel. Consecutively, analyzing the DNA and finding out the best treatment option based on the genetic makeup of the patient constitute Point-of-Care genetic testing. This is a fast and quick technique based on personal genomics so to allow the efficient functioning of the drug.

The idea behind this point-of-care genetic testing approach is to reduce the diagnosis time, inconvenience faced by patients and to follow personalized medicine approach for specific patient. Generally, all the diseases are combination of various genetic factors, and current genetic testing techniques require a lot of time in analyzing the problem. As a result, the use of Point-of Care genetic testing systems is prevalent in quickly diagnosing and guiding the doctors to head in a right direction.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Point-Of-Care Genetic Testing market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

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Report Highlights:

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

Point-Of-Care Genetic Testing Market: Segmentation

Segmentation by Product Type

  • POCT Cancer kits
  • Molecular POC kits
  • POCT in Antibiotic Therapies
  • Assay Cartridge

Segmentation by End User

  • Research Laboratory
  • Diagnostic labs
  • Bio-Pharmaceutical Industry
  • Academic Institutions

Segmentation by Application

  • Drug discovery and research
  • Treatment Analysis
  • Diagnosis

The regional analysis includes:

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

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Critical Questions Answered in the Report

  1. What are ongoing trends that will shape market growth curve for global Point-Of-Care Genetic Testing market?
  2. What are the drivers and challenges affecting the Point-Of-Care Genetic Testing market demand?
  3. What are the recent technological advancement in the Point-Of-Care Genetic Testing market?
  4. What are key trends and opportunities that will prevail the revenue growth of Point-Of-Care Genetic Testing market players?
  5. How will evolving regulatory policies impact the market growth?
  6. What is the impact of Covid-19 on the Point-Of-Care Genetic Testing market?

Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

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 Point-Of-Care Genetic Testing market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario