Yacht Charter Market – Future Scenario, Key Insights, Top Companies 2031

Global yacht charter sales is expected to grow at a healthy CAGR of over 5.4% during the forecast period 2021-2031, according to a study by ESOMAR-certified market research firm, Future Market Insights (FMI). The study tracks yacht charter sales in 20+ countries, offering a lucid analysis on how growth trend will unfold.

Market players have been attempting to provide advanced yacht for charter as they have realised the value of incorporating cutting-edge technology. As a result, existing players are increasingly attempting to preserve full operational transparency and deliver advanced smart yachts with a range of smart technologies to offer multifunctional areas and spaces, main saloon, and beach clubt.

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For instance, the sensational mega yacht LANA (107m/351.1ft) from Italian shipyard Benetti embraces art deco dignity and seamlessly blends it with the sporty curves, pale colours, and various textures of contemporary architecture. Guests will enjoy a beautiful beach club with fold-down terraces, a hammam-style spa and a gym, as well as big lounges with cinema-style seating.

Apart from that, yachts spend the majority of their time cruising within reach of the coast. As a result, the players are investing to make 4G LTE and 5G networks more available than ever before, offering cost-effective high-bandwidth connectivity to consumers on board through bonded 5G compliant data systems.

Such offerings entice customers to spend long hours with their families and friends, or to make their holidays memorable. All aspects of a luxury yacht, including navigation, safety, and extraordinary convenience, are improving due to new technologies.

For example, DLBA Naval Architects have developed a self-sailing superyacht. Tempo, the yacht, will incorporate artificial intelligence (AI) into various aspects of its architecture. This will not only boost the on-board experience, but it will also mean that certain systems will be able to function without the need for human intervention.

Another factor that is expected to boost the growth of the yacht charters is the short-term rentals, which typically last one to three days and are not affected by seasonality, a factor that limits the number of days available for renting yachts. With the rising demand for short-term rentals, yacht charter service providers are concentrating on regular rental rates for two-day yacht charters, which are usually 40-50 percent of the weekly fare.

Key Takeaways from the Yacht Charter Market Study

  • The yacht charter market is forecast to rise at a CAGR of 5.4% between 2021 and 2031.
  • High spending on luxury vacations catapults the U.S. as a key market.
  • Demand in Thailand will continue rising in response to the expanding tourism sector
  • Indonesia and Maldives will emerge as popular yacht charter destinations in Asia Pacific
  • Demand in GCC countries will rise at above 7% CAGR between 2021 and 2031

“Leading players in the global yacht charter market are nvesting in cutting-edge yacht interiors, such as the use of one-of-a-kind textiles and fabrics with an emphasis on sustainability to match the yacht aesthetic. Unique motor and sailing yachts with new decor, woodwork, and beautiful lighting are introduced by businesses,” says an FMI analyst.

Impact of COVID-19 on the Market:

Before the COVID-19 pandemic, there was a moderate rate of growth in the demand for yacht charter globally. After the pandemic, major global markets have faced dual impacts. The demand for technology-driven motor yacht has increased due to its variety of benefits. But with stay-at-home orders and safer-at-home advisories issued across the world the demand of the yacht charter has decelerated in response to the implementation of various restrictions. The restrictions were also imposed on the tourist places such as Indonesia, Malaysia, the U.K. and the U.S.

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Who is winning?

Some of the key players present in the yacht charter market are NORTHROP & JOHNSON, Yachtico Inc., Sailogy S.A., Sweet Escape Yacht Charters, ARGO NAUTICAL LIMITED, Burgess, Sunseeker , Royal Yacht International, Ionian Catamarans and IYC, Mooring Company, and Zizooboats GmbH, among others. Extensive discount offerings on the yacht charters during the seasons and on some events such as corporate parties or pre-wedding shoots and other such events has driven a desire among end consumers to opt for the charters embedded with smart technologies.

Architects and builders are looking for natural and green-certified construction materials. Alternative energy sources such as the sun, wind, and waves can now be harnessed with the help of technological advancements. The use of wastewater treatment methods and compostable supplies, as well as recycling and the removal of unnecessary plastic waste, are all employed. The players are concentrating their efforts on providing environmentally friendly yachts in order to contribute to long-term initiatives. For instance, the Black Pearl is an environment friendly private yacht that was recently awarded a Boat International Design and Innovation Prize. When the boat is sailing, electricity is provided and sent back to the batteries, so the hybrid diesel-electric engine does not need a charging station.

In 2019, Feadship Company introduced 75-meter motor yacht 703 ‘Arrow’ for charter at its Aalsmeer shipyard. H2 Yacht Design produced the company’s Arrow yacht.

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Scope of the Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for value
Key Regions Covered Caribbean, Mediterranean, Americas, APAC, and Rest of EMEA.
Key Countries Covered Sweden, Poland, UK, Austria, Netherlands, South Africa, GCC Countries, Thailand, Indonesia, Malaysia, Australia, Maldives,  Bahamas, Florida, Mexico, pain, France, Greece, Turkey, Croatia,  BVI, St. Martin, Grenada, Cuba.
Key Segments Covered Yacht Type, Size, Consumer Type and Region.
Key Companies Profiled
  • NORTHROP & JOHNSON
  • Yachtico Inc.
  • Sailogy S.A.
  • Boatbookings (Enitiative.biz, Ltd.)
  • Princess Yacht Charter
  • Burgess
  • Barrington Hall Yacht Charters
  • Royal Yacht International
  • Ionian Catamarans
  • IYC
  • Mooring Company
  • Zizooboats GmbH
Report Coverage Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing Available upon Request

Get Valuable Insights into Yacht Charter Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global yacht charter market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the yacht charter market based on the yacht type (Sailing yacht & Motor Yacht), Size (Small – up to 30m, Medium -30m-50m and Large -over 50m), Consumer Type (Corporate & Retail Type) across seven major regions.

About Future Market Insights (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, and has delivery centers in the UK, 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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Recent Trends in Phosphate Conversion Coatings

Phosphate conversion or phosphating is the electro-chemical and chemical procedure of geberating a layer of crystalline phosphates amid the surface preparation phase of steel. Phosphate conversion coatings are normally formed with iron, zinc, or magnesium phosphate salts which are dissolved in phosphoric acid. Once the coating is immersed or applied to steel, the chemical reaction reduces the hydronium ions, increases the pH, and sources the dissolved salt to come out of the solution and precipitate on the surface.

The chemical procedure generates a porous, absorbent layer which is often considered as a conversion layer or primer coating for subsequent paint, oil, and other protective sealers and coatings. These coatings are usually utilized as a pre-treatment to a supplementing corrosion protection procedure, instead of utilizing on its own.

On the other hand, if these metal oxides are formed in a controlled environment, the surface reactions could instead be harnessed to safeguard metal parts by making a neutral surface impassable to uneven corrosion. Conversion coatings utilize special methods such as electricity or acidic baths to fuel the metal oxide crystal structure formation that protects the metal component from external oxygen along with other corrosive elements. 

Nanopores in the crystal layer could often be packed with dye or other sealants to accomplish enhanced attributes such as increased hardness, lubricity and color. Primarily, the metal oxide layer is chemically fused to the metal that it is safeguarding. This makes conversion coating an exceptionally durable choice. 

Types of Phosphate Conversion Coatings

These coatings could be developed a several ways relying on the substrate material’s surroundings and requirements. The most usual preparation is zinc phosphate coatings that are profoundly utilized in industrial landscape, but magnesium and iron phosphate coatings are further available. All sorts of phosphate conversion coatings reflect advanced corrosion protection. For instance

  • Zinc phosphates are generally utilized for anti-galling and rust proofing of steel.
  • Magnesium phosphates are generally utilized for wear resistance and lubricity.
  • Iron phosphates are frequently employed to improve adhesion of powder or paint coatings.

Growing Demand of Zinc Phosphate to Modify Implants Surface

Melatonin (MEL), a recently formulated accelerating agent, is implemented on mild steel for phosphate chemical conversion coating. Scanning electron microscopy is implemented to foresee the phosphating crystals morphology, exhibiting the integration of MEL ensue in more uniform and dense phosphate coatings. Potentiodynamic polarization and electrochemical impedance spectroscopy are implemented to measure phosphate coatings corrosion resistance. 

Recent studies reflects that phosphating is a significant procedure applied to steels, particularly in automotive sectors, to enhance their lubrication , paintability and  corrosion resistance attributes due to lower cost and ease of manufacture. Treatment of steel sheet by spraying or immersion with phosphating bath is complemented by porous and adhesive phosphate layer formation.

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Amid the phosphate coatings, zinc phosphate is majorly utilized coating due to the anodic protection of electrode potential of zinc and iron as well as barrier guard of phosphate film. Zinc phosphate is further biocompatible and bioactive, which could be utilized as a prospective biomedical material. Thus, the coating has pulled in more attention in current years for adapting the surface of implants.

Advantages of Fiber Laser Technology

Fiber lasers are high-output lasers created from protracted communication relay amplification technology for optical fibers. The laser ray is effectively intensified by going through the optical fiber, which gets in conceivable to create a high-output laser.

In contrast to customary laser markers, high-output lasers could perform profound engraving with a similar checking time and quicker engraving with a similar profundity. Fiber laser marking is the answer for deeper engraving needs and shorter marking time.

The high-accuracy, fast and nature of laser cutting has made it the highly preferred technology among manufacturers for cutting edge manufacturing across the globe. This is mainly on account of their increased throughput and uptime, overall improved quality and lower operating costs.

With latest breakthroughs, fiber lasers offer high quality cuts with heavier materials. Fiber lasers likewise cut more slender materials quicker than CO2 and are unrivalled in cutting intelligent metals, which offers a much lower cost of ownership. Fiber-optic cabling could produce light beams which are now 200% more efficient as compared to a standard CO2 laser. Having this augmented power ascertains that the production facility can inhance its traditional cutting methods in addition to advancing the production speed. Here are some of the benefits of choosing a fiber laser:

Ability to Cut Several Materials

Traditional laser cutting technology could have a beam which bounces off for certain surfaces as well as nonconductive materials might damage lasers. However, in case of fiber lasers, it has a much shorter wavelength compared to this means that they could simply size third the reflective materials and have far lesser risk for the laser damaging.

Lesser Maintenance

Fiber laser cutting necessitates very little maintenance and it has evaluated benefits which can assist in reduding costs. The manufacturing company could enhance the overall lifetime of their device and get massive savings when choosing to function on a fiber laser cutting technology rather than CO2. These machines have cooling systems when matched with other laser machines. This preserves the general health inside the machine by continuing to keep heat low as well as does even distribution while utilizing setup.

Compact Designs

Fiber laser reduces the dependency on CO2 gas, as the fiber laser beam transmission takes place employing fiber cables & diodes. This entails that there’s simply a need for precise distancing amid mirrors. Fiber technology could be far more abbreviated as compared to any other kind of conventional laser and this entails a compact design which is ideal for any production facility.

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Faster Cutting Speeds

Fiber technology could produce laser-based cuts capable of three times faster as compared to a conventional CO2 laser. This could cut production time considerably.

On the other hand, the faster cutting speeds of fiber laser machines encounter new challenges for laser cutting dust control, prompting manufacturers such as Senturion to develop RoboVent, to optimize the type and of volume dust created by fiber laser cutting. Manufacturers are addressing the difficulties of fiber laser cutting dust collection with various adaptations, comprising efficient and powerful motor-blower combination to ascertain ample airflow for laser cutting applications.

Gaucher and Pompe Diseases Enzyme Replacement Therapy (ERT) Market growth Underpinned Due to Increasing Incidences of Lysosomal Storage Disorders (LSD): FMI

Market players are relying on presenting novel technologies to advance efficient ERTs for several genetic conditions.

Future Market Insights, Dubai: The Gaucher and Pompe Disease ERT Market is anticipated to record a positive growth trajectory, despite facing a glitch in the initial months of COVID-19, due to rising orphan drug status designation to several drug candidates by the FDA. The market is further growing due to surge in a number of partnerships and collaborations among key market players.

“Increase in regulatory approvals by government authorities is leading the entrance of prominent enzyme replacement therapy providers, therefore making huge revenue prospects all over promising markets,” concludes the FMI analyst.

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Key Highlights

  • Europe to remain lucrative in the market, recording majority of the revenue share.
  • The type-1 Gaucher disease segment will record a significant growth pace amid the forecast period.
  • Parenteral administration remain highly preferred over oral route of administration.
  • Online pharmacies are likely to gain traction, growing at around 7% of CAGR during 2020-2030.

Drivers

  • Rising incidences of lysosomal storage disorders (LSD), across the globe is driving the market growth.
  • Thriving orphan drug designations is anticipated to broaden the market scope over the assessment period.
  • Increasing prevalence of genetic disorders all over the world has boosted the growth in the market.

Restraints

  • Alternative treatment approaches for more efficient treatment is anticipated to hamper the market growth.
  • Presence of the pathological and blood-brain barrier preconditions further prove to be hindrances for efficient adoption of ERT.

COVID-19 Impact on the Market

COVID-19 has severely impacted the worldwide healthcare sector. Regarding treatments and surgeries, key priority is inclining towards COVID-19 positive tested patients, bringing about postponement and delays of some procedures. This has further affected the Gaucher & Pompe Disease ERT market, registering a shortfall for hospital-based treatment. However, the slowdown didnt lasted for long, as government authorities leading healthcare providers to continue treatment for Type-3 and Type-1 Gaucher Disease patients.

Competitive Landscape

The Gaucher & Pompe Disease ERT market is characterised by the existence of a number of prominent pharmaceutical and healthcare corporations, focusing on path breaking technological advancements to present more efficient therapeutic solutions on account of strategic collaborations with several entities.

Key players identified in the market are Pfizer Inc., Tadeka Pharmaceuticals, BioMarin Pharmaceutical Inc., Merck KGaA Alexion Pharmaceuticals Inc., Janssen Pharmaceuticals Inc., Sanofi SA, Ultragenyx Pharmaceutical Inc., Shire PLC,AbbVie Inc., and Sigma-Tau Pharmaceuticals Inc.

About the Study

The study offers readers a comprehensive assessment of the Gaucher and Pompe Diseases Enzyme Replacement Therapy (ERT) Market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis of therapeutic condition (Gaucher disease and Pompe disease), route of administration (oral and parenteral) and distribution channel (hospital pharmacies, specialty treatment pharmacies, retail pharmacies and online pharmacies),  across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).

Explore FMI’s Coverage of the Healthcare Industry

Continuous Renal Replacement Therapy Market: Obtain detailed analysis on the continuous renal replacement therapy market through FMI’s report covering competitive analysis, key regions, and segmental analysis for 2017 – 2027.

Enzyme Replacement Therapy Market: Get insights on the enzyme replacement therapy market through FMI’s report covering detailed quantitative and qualitative analysis for projection period 2018 – 2028. 

Immunoglobulin (IgG) Replacement Therapy Market: FMI’s exhaustive study on the global vertical turbine pumps market covers the latest trends, innovations, key players, and popular strategies for the period 2020 – 2030. 

About Future Market Insights

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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MARKET ACCESS DMCC Initiative

Growing importance of pulses in daily diets

Pulses include a wide variety of beans, peas and lentils. They have been a staple in the daily diet of several civilisations for centuries and were among the first food products to be cultivated by humans during the agricultural revolution. Pulses are of vital importance to the human body since they are rich in proteins. For several persons who don’t consume meat on a regular basis for economic, religious or cultural reasons, pulses are the primary source of protein. Furthermore, pulses also play a crucial role in soil health.

Pulses are important for soil health since they transform nitrogen from the environment into protein. As a result, they have lesser fertilizer requirements as compared to most other crops. They also help feed friendly bacteria in the soil through this nitrogen fixation, which helps in providing nutrients to the soil. Following the harvest of pulses, a certain amount of nitrogen is retained in the soil, which provides essential nutrients to the next crop. As a result, pulses are often sown in rotation with other crops. Furthermore, most pulses on an average also require lesser water than most other crops, which helps preserve soil moisture; this is also the reason why several pulses are grown in dry climates and during dry seasons.

As far as pulses being a part of people’s daily diet is concerned, it is observed that the trend has traditionally been stronger in developing and underdeveloped countries in Asia and Africa as compared to Europe and North America. This is since pulses are generally cheaper than meat products. Often, pulses are seen in the context of the proteins they supply to the body. Hence, it is sometimes erroneously assumed that a diet that is rich in meat or fish proteins does not require pulses.

However, it is noteworthy that pulses usually supply different types of proteins as compared to meat and fish, which are easily digestible. Furthermore, pulses are also rich in substances such as fibre, antioxidants, folates, vitamins and minerals, which are vital for the human body. These nutrients play an important role in eliminating cancer causing cells, controlling blood pressure and heart rates, controlling diabetes, besides facilitating a host of other bodily functions.

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Given these factors, awareness about how crucial pulses are in people’s daily diets has been steadily growing. Furthermore, the growing trend of veganism is also catching up in several western countries, which is making pulses the primary source of protein in some American and European areas as well since milk proteins cannot be digested well by adults. Additionally, pulses are also gaining popularity due to the harmful effects of the animal husbandry industry on the environment. The animal husbandry industry is one of the largest emitters of greenhouse gases and is contributing to global warming. Furthermore, people are also increasingly becoming wary about chemicals being present in animal feed, which may be reaching humans through the food chain. Due to these factors, a daily diet with an increased amount of pulses is gaining traction in several countries, even as its core need in the developing and underdeveloped world remains unaltered.

The utility and advantages of medical loupes

A loupe is essentially a powerful magnifying glass that can be attached like a pair of goggles. Loupes have been widely used by watchmakers and jewellery inlayers for several decades if not centuries since their use allows these professionals to perform intricate tasks with their hands. Loupes have often been used by jewellery evaluators and coin and stamp collectors as well since they allow for magnification of minute details. In recent years, loupes have found traction in professions like engineering and geology too; in the former case because modern electronic equipment frequently involves tiny components and in the latter case because mineral extraction technology has increasingly focussed on extraction from low-yield ores due to growing mineral demand amid depleting natural resources.

The use of loupes in the medical profession is thus by comparison a relatively recent trend. Medical loupes are becoming increasingly popular with practitioners like dentists and surgeons since they offer a host of advantages to medical professionals. These advantages include better posture, increased precision, increased comfort and other such aspects that eventually help in reducing overall strain and increasing productivity. Nearly all medical loupes also come with a mounted light to avoid inconvenience being caused due to shadows. However, besides user convenience, the advent of medical loupes has been facilitated by the proliferation of intrusive medical procedures that are helping tackle a host of previously inoperable health conditions.

The magnifying power of loupes comes in handy in various procedures in dentistry ranging from accurate analysis of cavities to treatment of pulpal diseases. Meanwhile, among surgeons, medical loupes are most commonly used by neurosurgeons, urologists, heart surgeons, vascular surgeons, plastic surgeons, paediatric surgeons, orthopaedic surgeons, etc. The utility of these loupes among practitioners include simple surgeries on visible tissue to complex intrusive surgeries that few practitioners can claim expertise in. As a result, there are often different requirements for different medical practitioners and medial loupes are made keeping this into consideration.

The primary difference between medical loupes in magnifying power. While the dentist’s loupe is usually one with a magnifying power of 2.5, the range variation in surgeons’ loupes is vast. Among surgeons, the loupe with a magnifying power of 2.5 is often treated as standard and a starting point for experts. Magnifying power of medical loupes for surgeons can often go up to 5.5; such loupes are generally used by neuro, orthopaedic, heart and vascular surgeons while operating on nerves, tendons and blood vessels. At the same time, certain tall surgeons may also use a loupe with a magnifying power of 3 or 3.5 for a procedure where his or her colleagues go with a loupe with 2.5 magnification for the sole purpose of comfort and conducive posture.

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Besides magnifying power that enhances precision, the comfort aspect of the medical loupe is the other major advantage for practitioners. As a result, the weight of the loupe matters a lot, especially given the high cost associated with loupes. Practitioners who need to perform only short surgical procedures can afford to opt for bulkier but more affordable loops. However, those that need to wear the loupe for several hours need to be wary of neck problems due to weighty loupes and would thus be best advised to invest a little extra in light-weight loupes that are better suited for such work.

Importance of understanding sterilization indicators

Sterilization of medical equipment and sterilization-related processes have become of immense importance in the field of healthcare over the years. The primary reason for this is that the scope of healthcare has grown tremendously, encompassing not only services offered but also the rapid expansion of demographics that have access to and avail healthcare. Secondly, there has been increased focus on quality of healthcare and increased awareness about healthcare services. As a result, most doctors and patients today pay close attention to aspects such as sterilization of equipment, which greatly reduces the chances of contracting infections, especially in intrusive medical procedures. Furthermore, healthcare providers are also increasingly wary of tort litigation and reputational risks, including those arising out of poor or improper sterilisation of equipment.

Biological and chemical indicators play different but complementary roles in the sterilization process. The key differences between these indicators is in their reactions to microbial stimulants rather than the sterilization process itself. While biological indicators play an active role in eliminating microbes that have survived the previous sterilization processes, chemical indicators do not perform such a function. Instead, chemical indicators act as a last line of defence to ensure that the sterilization process is completed successfully. However, chemical indicators have an edge over biological indicators in that most chemical indicators have faster reaction time. Nonetheless, most practitioners usually use both biological as well as chemical indicators in their sterilization processes.

While sterilization indicators and their reading are of immense importance to both medical practitioners and patients alike, they form the secondary processes in sterilization. Primarily, maximum amount of sterilization is achieved through physical means such as heat, vacuum chambers and disinfectants. However, indicators also play a vital role in measuring the efficacy of these physical processes. As a result, biological and chemical indicators are often used even after the most basic of these processes to ensure that the sterilization equipment or chamber (or any other medium) is performing its function to the required level. It is due to this very factor that a variety of indicators, especially chemical indicators, with different degrees of detection sensitivity and capability are in the market today.

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Traditionally, the realm of medical equipment sterilization has been an area of expertise for medical practitioners alone. However, in recent years patients have become increasingly interested in understanding medical procedures and for good reason; this includes the medical sterilization process. However, understanding sterilization procedures is a challenge for most patients since it requires a degree of technical as well as medical expertise. As a result, several patients have sought to understand how the various physical, biological and chemical indicators work. Yet, a challenge still persists in terms of the range of such indicators available. At the same time, the attempt on part of most patients to get aware is a step in the right direction. Given the Covid-19 pandemic and increasing concerns over health and hygiene practices, it is likely that the number of such patients will swell in the near future. Their understanding of sterilization indicators is likely to be their first threshold while understanding sterilization processes.

5 Key Trends Shaping Bagasse Tableware Products Market

Soaring environmental concerns have rendered consumers more conscientious about products they use and buy in their day-to-day lives. There is visible inclination towards sustainable alternatives for fossil fuel and plastic products, as they choose to adopt a greener lifestyle. At a time when sustainable living practices are enjoying the spotlight, bagasse tableware products are touted as potential game-changers.

Derived from the residue left after sugarcane stalks are crushed to extract juice, bagasse is a highly sought-after material to make “green” tableware without compromising on convenience or functionality of the products. In fact they are gaining immense traction as a potential alternative to plastic cups.

Unlike traditional biodegradable polymers or plastic, which can take over 450 years and extremely high temperature to degrade, bagasse is a non-toxic and eco-friendly material that takes only 60 days to breakdown. Meaning bagasse tableware products such as cups are clean enough to hold your morning teas or dinner takeout and pose no threat to the environment.

Bagasse tableware products had come to the fore when the world is seeking out equally convenient alternatives to plastic food containers. A few trends shaping this swift transition from plastic to bagasse products are:

Rising Demand for Sustainable Packaging

Bagasse products have swiftly found way into the packaging industry. They are increasingly used to make a plethora of packaging products, which are not limited to plates, bowls, and takeaway containers. In the interest of meeting demand for sustainable packaging options, the industry has been focusing on eco-materials. Bagasse is easily bio-degradable which has placed it as a potential alternative to plastic as packaging material.

Evolution of Food Service Sector

The food service sector is thriving, thanks to the rising demand for on-the-go meals around the world. While developed countries already are forerunners to this trend, it is gradually paving its way inside high potential economies. Thanks to increasingly busy lifestyle, coupled with rising environmental concerns, consumers are preferring their meals on the go. Even better if their on-the-go meals and beverages are served in sustainable packages.

Some of the leading companies were prompt at realizing that consumers are looking for sustainable alternatives to plastic cups, which led to a slew of product launches. The Good Plate Company was one of the names to join the bandwagon and launch bagasse cups, which they claim to be 100% compostable and biodegradable, in April 2020.

Mushrooming Quick Service Restaurants

Mushrooming quick service restaurants are a byproduct of the expanding food service sector. An increasing number of these restaurants are choosing bagasse tableware products over conventional plastic ones to establish a brand name among consumers. Besides this, investing in bagasse cups and tableware is helping them save time spent on cleaning and maintenance of used containers.

Eco-friendly Production

Sugarcane is a renewable and an eco-friendly source of material. It reproduces in cycle of less than a year in comparison to seven to ten years taken by trees for paper production to reach their maturity. As is known, deforestation causes greenhouse emissions around the world. Choosing sugarcane over paper pulp will not only preserve the forest ecosystem but will help to lower pollution to a significant level.

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Easier to Repurpose   

Packaging, products, and labels made from sugarcane bagasse require less energy for production. Fewer steps are involved in collecting and harvesting bagasse since it is already present in the factory. This makes sugarcane less fuel intensive and polluting than its wood-based counterpart.

An increasing number of restaurants are replacing plastic and styrofoam packaging with bagasse products. This trend is expected to continue in the coming years as more bagasse tableware products are launched with innovative designs.

The continued importance of sun care products in the post Covid-19 scenario

The Covid-19 pandemic has brought outdoor activities ranging from sunbathing to work-related travel to a grinding halt. Just when most parts of the world were healing from the initial outbreak, they were forced to reinforce shutdowns as the second wave of the pandemic began ravaging through local populations. Now, there is a realistic fear that the virus will not disappear but may in fact heap wave upon wave of misery on humankind. At the same time, it is increasingly becoming clear that normalcy must return and all activities, be it economic, leisure, cultural or social, must resume if society as we know is to continue. However, this resumption is likely to take place under the umbrella of the ‘new normal’ where norms such as social distancing and wearing of face masks will become part of routines.

The evidence of this is already being observed as most activities have resumed in a staggered manner in different parts of the globe. This includes travel and tourism, which was earlier speculated to be one of the most adversely affected industries due to the pandemic. While it is true that this comeback has not been to the same scale as pre-pandemic levels, the signs remain encouraging. The root cause for this return lies in the makeup of humans, who at their core are social and non-sedentary animals. As a result, products such as sun care products, whose fortunes were written off during the initial states of the pandemic’s outbreak, are now back on shelves.

The sales trends of products like sunscreens, including moisturisers and oils that help protect from sunrays, are in future slated to be key indicators of the degree of post Covid-19 normalcy returning in any given area. This is since sun care products are one of the few types of products that are considered as both luxury products as well as essentials. As a luxury product, high-end sunscreens are meant for tan-control and beauty requirements, while as essentials they protect against sunburns and other detrimental effects of exposure to harsh sunlight, including skin cancers that can be caused as a result of exposure to ultraviolet rays. In short, sun care products are used by those who travel for leisure, as well as those who need to perform outdoor tasks as a daily requirement. However, the common denominator remains that the products will be consumed outdoors.

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Furthermore, the core requirements for sun care items remain undiminished. Global warming and ozone depletion have increased the risk of skin cancers and sunburns. Despite talk of ‘nature healing’ during the lockdowns, the damage done in the preceding decades, if not centuries, is impossible to offset and all global warming related problems continue just as they did before the pandemic; risks to humans too remain unchanged. This is also one of the factors because of which sunscreens and similar such items have crossed the bridge between luxury products and essential products. At the same time, beauty standards too remain the same. Thus, it is a given that the number of people stepping out from the confines of their homes shares a direct correlation to the sales of sun care products.

Key Trends Impacting Nurse Call Systems Market

With the ever rising number in hospitals, home healthcare facilities and nursing home, there is a mounting need for enhanced patient response time together with excluding nurse fatigue. Products could additionally be integrating the devices with diverse diagnostic solutions along with technologies. A nurse call system facilitates communication amid the patient and healthcare provider, facilitating healthcare providers to serve their paitents more efficiently and attentively.

Traditionally, health systems have deployed and selected nurse call systems with an increased focus on meeting enterprise and regulatory standards, way finding needs, and basic life safety. Nurse call systems utilized in residential care facilities depend on on patients to call upon assistance for emergency or routine needs.

Provides Instant Communication

There are several practical advantages of employing nurse call system for nursing home, hospital, retirement home, or long terms care facility. For instance, peace of mind, cost-effective, reduce healthcare worker fatigue, offering instant communication, scalable and fully-integrated communication and alarm system. These systems assist in boosting morale and satisfaction of patients as well as healthcare provider.

A nurse call system further gathers all the data that matters, categorizes prospects to enhance care and offers actionable insight to patients and caregivers, all reinforced by clinicians every step of the way. It moreover transmits instant alerts and notifications. Incorporating staff locating along with nurse call systems, radically reduces the time wasted and boosts efficiency by automating workflow procedure.

There are two types of protocols, SIP and WCTP. SIP-based nurse call directs a voice call that allows a straight line of voice communication amid the nurse and the patient. On the other hand, WCTP-based nurse call system is a well-established, mature protocol that was designed to upkeep paging alerts.

Potential for Improved Alarm Management

Companies offers several types of products such as communication software, pendants, terminals, and transmitters among others.

As technology has presented smartphones into the healthcare provider’s toolkit, health systems have gradually shifted from a call bell arrangement, as a substitute opting for a tool or program that sends nurse call alerts straight to the precise nurse. Technologies such as wireless nurse call systems (WNCS) provides new affordances for patients unable to consciously or actively engage with the system, letting detection of hazardous situations, timely treatment and prevention, in addition to improved nurse workflows. 

WNCSs provides new affordances, interactions and properties, to patients who are not able to consciously or actively interact with the systems. In contrast to fixed appliances in limited spaces as provided by traditional, wired systems, WNCSs further offer increased mobility for all users.

Furthermore, clinical alarm systems are regarded as one of the most significant health technology hazards, enforcing risk to patient safety. The growing number of appliances incorporated in the WNCSs can potentially add to the number of alarms continually intruding the nursing staff’s work, and compromise the caring rapport with patients. Converged mobile technology covers these challenges as well as enhances affordances to the nursing staff’s usage of the systems.

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With a dearth of hospital beds and the requirement to segregate COVID-19 infected patients, health care authorities have turned to holiday resorts and hotels to offer supplementary bed capacity. Utilizing these wireless nurse call systems several manufacturers such as Vitalcare have invented of highly resilient wireless protocols born for the IoT applications. It has utilized this wireless technology to offer a ‘pop-up’ emergency nurse call system. Furthermore with simpler and easier installation it not only can a function fully within few minutes of its deployment, it can be detached with almost no physical impact to the facility, amid this crisis.