Freshness Indicator Labels Market Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand

Freshness Indicator Labels Market: An Overview 

Labels are widely used to convey certain information, such as product composition, nutritional properties, weights, and measures, to the consumers. The role of freshness indicator labels is even provide the information on the quality of the packed food and a warning on certain spoilage level of product. Thus, the freshness indicator labels are the effective way of checking the quality status of particular products.

The freshness indicator labels precisely indicate the time-temperature, moisture level, and CO2 gas level of the packed products. Freshness indicator labels are stickers that change color over the time, for example, the label is based on the employment of ink that is nearly invisible, but turns red when the food is contaminated. The freshness indicator labels help the consumers and retailers to check the products’ freshness from processing to final consumption.

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Freshness Indicator Labels Market: Dynamics

The common reason behind food products getting spoiled and causing infection is when the cold chain is broken. The use by date on food products says nothing about whether a product has been properly stored or whether there have been any variations in temperature.

The freshness indicator labels display and guarantee product quality and freshness. Hence, it is expected to drive the adoption of freshness indicator labels during the forecast period. The extensive use of freshness indicator labels in end-use industries such as food, beverage, pharmaceuticals, and others is expected to fuel the growth of the global freshness indicator labels market during the forecast period. The freshness indicator labels help to reduce food wastage and save money, improved food safety and ensure products are consumed at their best. Such factors are likely to escalate the growth of the global freshness indicator labels market during the forecast period.

The freshness indicator labels are aligned with regulations for smart packaging, which ensure food safety. However, low awareness about freshness indicator labels market in emerging economies is expected to restrict the growth of the freshness indicator labels market during the forecast period. Overall, the freshness indicator labels market is projected to witness positive growth during the forecast period.

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Freshness Indicator Labels Market: Regional Outlook

Western Europe is expected to dominate the global freshness indicator labels market during the forecast period attributing hefty market share. Rising consumer awareness and expansion of end-use industries are the key drivers for the growth of the freshness indicator labels market. North America is expected to follow Western Europe in terms of freshness indicator labels market value and volume and projected to register notable growth rate during the forecast period. Asia Pacific excluding Japan (APEJ) is expected to attain a noteworthy growth in the global freshness indicator labels market during the forecast period.

The expansion of end-use industries is likely to propel the growth of freshness indicator labels market in APEJ. China is expected to be highly attractive market and India is expected to outpace other countries in APEJ in terms of growth in the global freshness indicator labels market during the forecast period. Eastern Europe and Japan are expected to register healthy growths in the global freshness indicator labels market during the forecast period. The Middle East and Africa and Latin America are expected to register positive growth rates in the global freshness indicator labels market during the forecast period.

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Freshness Indicator Labels Market: Key Players

Examples of some of the key players operating in the global freshness indicator labels market are:

  • 3M
  • Freshpoint Quality Assurance Ltd
  • Temptime Corporation
  • Thinfilm
  • Deltatrak Inc.
  • Biosynergy, Inc.
  • LCR Hallcrest LLC
  • NiGK Corporation
  • The JRI Company
  • Shockwatch Pty Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic 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.

Regional Analysis Includes-

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

Freshness Indicator Labels Market: Segmentation

On the basis indicator type, the freshness indicator labels market is segmented into:

  • Time temperature indicator label
  • PH indicator label
  • Moisture Indicator label
  • CO2 gas indicator label

On the basis end use, the freshness indicator labels market is segmented into:

  • Food
  • Meat, Poultry and Sea food
  • Dairy Products
  • Bakery and Confectionery
  • Others
  • Beverage
  • Alcoholic Beverages
  • Non-alcoholic Beverages
  • Pharmaceuticals
  • Others

Microbial Bioreactors Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2022-2029

Microbial Bioreactors mimic a natural biochemical condition for the ideal development of cells or tissues in microbial and cell culture. Bioreactor types extend from small, <1-L benchtop units to 10,000-L system for enormous scale mechanical applications. Tight control over parameters, for example, temperature, dampness, pH, oxygen, and mixing rate will deliver the most satisfactory outcomes with more specific, boosted cell development and productivity.

Microbial Bioreactors: Drivers and Restraints

Rising chronic diseases pervasiveness, and taking off biopharmaceutical ventures will drive the worldwide microbial bioreactors market. Developing interest for restoratively compelling antibodies, product innovation and development, and favourable government activities to improve medicinal services infrastructure will further stimulate the growth of microbial bioreactors market.

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Advancement of personalized medications targeting a specific population are the factors which contribute the growth of microbial bioreactors market. Expanding number of customized medications focusing on a particular population combined with rising number of FDA approvals has increases the growth of microbial bioreactors market over the forecasted period. Contract Manufacturing Organization (CMOs) are expanding in terms of capacities to fulfil the developing need of biopharmaceutical and bioprocessing industry. Regulatory concerns in regards to use of microbial bioreactor and restricted capacity limit are the factors which can restrain the growth of microbial bioreactors market over the forecasted period.

Microbial Bioreactors: Overview

Microbial Bioreactors system are a vital component in the process of tissue engineering and the formation of tissue constructs. Bioreactors are used to provide a tissue-specific physiological in vitro environment during tissue maturation. On basis of product type, microbial reactors is segmented into Multi Parallel Bioreactors, Benchtop Bioreactor, and Stainless Steel Bioreactor. Multi Parallel Bioreactor segment is expected to capture maximum market share in the microbial bioreactor market. On basis of application, microbial bioreactors is segmented into Pharmaceutical, Sewage Treatment, Biochemical Engineering, Food Industry and others. Biochemical engineering segment is expected to capture maximum market share in microbial bioreactors market. On basis of end user, microbial reactor is segmented into pharmaceutical & Biopharmaceutical Industry, Biotechnology Industry, Academic Institution and others. Pharmaceutical & Biopharmaceutical Industry segment is expected to capture maximum market share in microbial bioreactors market.

Microbial Bioreactors: Regional Outlook

Microbial bioreactors market is expected to be dominated by North America and is expected to represent largest market share in microbial bioreactors market trailed by Europe and Asia-Pacific. North America is expected to register an significant growth over the forecasted time frame because of the factors as progressively increase in number of established pharmaceutical, biopharmaceutical and different industries have existences in this region, accessibility and acceptance of research grants and government financing, expanding selection of smaller scale bioreactors for bioprocess advancement and high throughput examines. Europe is expected to be second most lucrative market for the microbial bioreactor due to increase in the number of established pharmaceutical and biotechnology industries. Asia Pacific is additionally expected to observe critical development over the estimate time frame. Latin America and MEA regions are expected to boost the microbial bioreactors market in the forecasted period owing to demand for the bioreactors techniques and advancement in the process for the in vitro toxicity testing and development of target specific medicines

Microbial Bioreactors: Key Players

Some players in the global microbial bioreactors market are Merck Millipore, Stedim, Pall Corporation, Chemtrix, M2p-labs, Eppendorf, CerCell, PreSens Precision Sensing, Mani Dharma Biotech Pvt.Ltd, Sartorius, Applikon Biotechnology, RUAG Space Nyon  and others.

The research report presents a comprehensive assessment of the Microbial bioreactors 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 Microbial bioreactors market segments such as geographies, application, and industry.

The report covers exhaust analysis on:         

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Oceania (Australia, New Zealand)
  • South Asia
  • East Asia
  • Middle East and Africa (GCC Countries, South 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.

Microbial Bioreactors: Segmentation

The Microbial Bioreactors is segmented based on Product type, application, end user and region.

Based on Product type, Microbial bioreactors is segmented as:

  • Multi Parallel Bioreactors
  • Benchtop Bioreactors
  • Stainless Steel Bioreactors

Based on Application type, Microbial bioreactors is segmented as:

  • Pharmaceutical
  • Sewage Treatment
  • Biochemical Engineering
  • Food Industry
  • Others

Based on End User type, Microbial bioreactors is segmented as:

  • Pharmaceutical & Biopharmaceutical Industry
  • Biotechnology Industry
  • Academic Institutions
  • 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

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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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APEJ to Dominate the Global Gusseted Bags Market during the Forecast Period 2022 – 2026

As per the latest report by Future Market Insights (FMI), the global gusseted bags market is expected to witness sluggish growth. During the forecast period, the market is projected to expand at a CAGR of 2.8%. The global gusseted bags market is also projected to reach US$ 26 Bn revenue by the end of 2026. Gusseted bags are considered to be one of the most flexible packaging options.

Previously, gusseted bags were used only for packing tea and coffee, however, owing to the ability of gusseted bags to retain the freshness of the food for a long time, these bags are used widely for packaging of various food products. Moreover, gusseted bags are easy to handle, are lightweight and occupy less space.

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Various key factors that are driving the demand for gusseted bags are the products packed in gusseted bags tend to remain fresh for a long time, it aids in visual clarity of the printed matter on the bags and also provides ample space for storage. The popularity of gusseted bags is increasing across various industries because of its lightweight, and easy to handle quality.

The manufacturers of gusseted bags are also using recyclable raw materials for producing gusseted bags. Advancements in the gusseted bags are leading to its wide application in storing dry food, paints, and fertilizers. Also, handle gusseted bags are gaining popularity due to its low cost and are easy to use.

Key Highlights on the Global Gusseted Bags Market

The global gusseted bags market is segmented on the basis of thickness, application, material type, bag type, and region. Based on the bag type, the market is segmented into side gusseted and bottom gusseted. Among these, side gusseted bags are expected to witness the highest growth. Side gusseted bags are projected to bring in more than US$ 19,100 million revenue by the end of the forecast period.

On the basis of material type, the market is further segmented into paper, polypropylene, polyethylene, nylon, biodegradable plastics, and metal foil. Polyethylene is expected to be widely used material. By the end of 2026, polyethylene is projected to exceed US$ 6,200 million revenue.

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Based on the application, the market segmentation includes coffee & tea packaging, bakery product packaging, other unprocessed F&B packaging, dry processed F&B packaging, wet processed F&B packaging, pet food packaging, consumer good packaging, and other industrial applications. Gusseted bags are expected to be largely used for dry processed F&B packaging. Dry processed F&B packaging is projected to generate more than US$ 5,100 million revenue by 2026 end.

On the basis of thickness, gusseted bags with 2-5 Mil are expected to witness the fastest growth during the forecast period. 2-5 Mil gusseted bags are projected to create an incremental opportunity of over US$ 2,800 million during 2017-2026.

Based on the region, the Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global gusseted bags market during 2022-2026. By the end of 2026, APEJ region is likely to exceed US$ 10,500 million revenue. Due to the increasing population and the increasing use of gusseted bags in packaging the region is witnessing significant growth.

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Leading Companies Competing to Sustain in the Global Gusseted Bags Market

American Plastics Company, TekPak Solutions, PBFY Flexible Packaging, Pacific Bag Inc., International Plastic, Clear View Bag Company, Maco PKG, Associated Bags, ELKAY Plastics, Poly Pak Plastics, Altapac, Columbia Burlap & Bag Company, and United States Plastics Corp, are some of the leading companies in the global gusseted bags market.

For more information and insights on the global gusseted bags market, contact Future Market Insights analysts at press@futuremarketinsights.com

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

Molded Fiber Pulp Packaging Market Estimated to Expand at a Robust 5.1 %CAGR By 2031

Molded fiber pulp packaging will gain traction due to the expanding application in the food and beverage industry. As per a study by Future Market Insights (FMI), the sales of molded fiber pulp packaging is expected to grow at a CAGR of 5.1% between 2021 and 2031.

Molded fiber pulp packaging is accepted worldwide in protective packaging applications which provide excellent cushioning and vibration dampening properties. Applications of molded fiber pulp packaging in logistics, cosmetics, healthcare, and automotive sectors are growing rapidly.

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The disruption in supply chains during the COVID-19 outbreak and the resultant restrictions have negatively impacted sales. Expansion of the food & beverage industry and the rising demand for consumer goods will generate ample growth opportunities to manufacturers in the near future.

The consumption of molded fiber pulp packaging is expected increase exponentially, as recyclable and reusable materials become coveted by leading manufacturers. Efforts to ensure safety compliance and industry standards will positively influence growth.

By using molded fiber pulp packaging, marketers and retailers are able to meet the demand for sustainability and durability. This has captured consumer attention and has contributed to the adoption of molded fiber pulp packaging in the durables segment.

Clamshell containers are the most widely used product type in the molded fiber pulp packaging market as they are considered ideal for stacking applications in multiple end use verticals. Molded fiber pulp packaging provides resealing and re-usability characteristics, driving up the scope of sales for the foreseeable future.

Key Takeaways from Molded Fiber Pulp Packaging Market

  • Trays are estimated to hold more than 34% of the market share by 2031, owing to wide scope of applications and superior durability.
  • In North America, the U.S. has emerged as a mature market owing to the presence of major food & beverage manufacturers. It will register incremental opportunity of US$ 774.1 Mn.
  • Transfer molded pulp products are expected to expand at a CAGR of 5.4%. This pulp type offers manufacturers a better recyclable and responsible alternative to plastic.
  • China leads Asia Pacific excluding Japan and is expected to reach a valuation of US$ 2.2 Bn in 2031.
  • The U.K. will dominate Europe, surpassing Germany to reach 21% of the value share by 2031. Growth in the U.K. will be supported by investments in research, and positive prospects for imports.

 “The global molded fiber pulp packaging market is driven by surge in demand for sustainable packaging solutions with protective packaging characteristics. These solutions also are considered ideal for logistics and transport,” says an FMI analyst.

Stringent Regulations Will Support Molded Fiber Pulp Packaging Sales

As concerns regarding packaging waste continue to soar, regulatory bodies have implemented stringent measures to curb the use of single-use plastic. This has proven to be a boon for the molded fiber packaging industry.

Manufacturers are discouraging the use of foam (EPS) in a variety of food and food service packaging services. Nearly a dozen U.S. cities including Washington DC, Seattle, and New York, have banned or taxed the use of polystyrene single-use products.

Thus, the molded pulp packaging industry is projected to have robust growth in these markets as regulatory bodies continue to discourage single-use plastics.

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Who is Winning?

Leading players in the molded fiber pulp packaging market are largely focused on production development and capacity expansion strategies. Key players contribute approximately 20-30% of the global market.

Top players include but are not limited to Huhtamaki Oyj., Pactiv LLC, Brodrene Hartmann A/S, Henry Molded Products, Inc., ESCO Technologies Inc., UPF Technologies, Inc., ProtoPak Engineering Corporation and Celluloses De La Loire are the top players operating in the Molded Fiber Pulp Packaging market..

 

 

 

About us :

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

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Variable Data Printing Market Expectations and Growth Trends Highlighted Until 2030

The expansion of retail industry and increasing expenditure on labelling and tagging across all products is driving the variable data printing (VDP) market. Future Market Insights states that the healthcare and food and beverage sectors will remain exceptionally important to growing usage of variable data printing as consumers seek clear, detailed labelling.

The product labelling segment of the market will soar during the forecast period as end users often seek flexibility while printing labels. Customization of artwork, data, and content without hampering the mass printing process makes variable data printing a preferred choice. The global variable data printing market is anticipated to exhibit a CAGR of 12% during the forecast period of 2020-2030.

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“Focus on RFID labels and tags will win players in the variable data printing market substantial profits. These labels are expected define smart, agile supply chains, catering to fast-changing retail trends for greater customer satisfaction. Moreover, providing RFID tags can resist adverse conditions such as moisture and high temperature and are less expensive compared to other substitutes, which will benefit the end users of RFID segment in the coming years,” says an FMI analyst.

Key Takeaways of Variable Data Printing Market Study

  • North America is expected to hold a significant share in the global variable data printing market as adoption of RFID labels and creative labeling increases
  • Accelerated adoption of variable data printing in the food & beverage industry will propel growth of variable data printing by 13% during forecast period
  • Barcodes and QR code printing is expected to hold a significant share of 36% during forecast period in the global market as digital wallets become the new normal for making payments
  • Retail and CPG segment will exhibit a CAGR of 18.5% between 2020 and 2030 in South Asia & Pacific variable data printing market creating potential growth opportunities for vendors

COVID-19 Pandemic Impact Analysis

With the supply of only essential goods and restricted movement, the lockdown has had a massive impact on the global printing industry, bringing it to a near-standstill. Only a handful of companies have been able to continue operations with 20-25% staff, slowing operations and creating uncertainty of business.

While manufacturing companies have been allowed to run at 50 percent capacity, most label printing companies are running at as low as 15-20% production capacity. In the past 5 years, the market for variable data printing has grown by almost 10% globally. However, the COVID-19 outbreak is expected to cause a shift these statistics as demand from non-essential items such as clothing and cosmetics is projected to drop.

On the other hand, analysts project that the demand for variable data printing will remain high in the pharmaceuticals and food & beverages sectors in Q2 2020, a trend that will continue through Q3 and Q4 2020. The indispensable need of products these sectors manufacturer, impeccable logistics built by e-commerce industry to make them available to end users, and smart tracking with RFID labelling could offset the losses the market is expected to suffer.

Restaurants Add to Food & Beverages Industry’s Contribution Variable Data Printing as Branding becomes Essential

The food & beverage segment will hold a lion’s share in the market as consumption of processed and packaged food increases amidst the pandemic. Growing demand for ready-to-eat food items, especially in South Asia & Pacific region is expected to boost the demand for variable data printing.

Emerging economies, such as India and ASEAN countries, have been observing a boost in its retail food industry, as well as in the adoption of on-the-go food consumption trends. As takeaways are slated to rise with restaurants discouraging dine-ins to avoid cross-contamination, packaging is expected to play a critical role for restaurants in building brands. Collectively, these factors are expected to help the market proceed at a significant pace during the forecast period.

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More Valuable Insights on Variable Data Printing Market

Future Market Insights offers an unbiased analysis of the global variable data printing market, providing historical data for 2015-2019 and forecast statistics from 2020-2030. To understand opportunities in the variable data printing market, the market is segmented on the basis of component, application, and industry across major regions.

 

About us :

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

Contact :

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

Molded Fiber Pulp Packaging Market to Rise at 5.1% CAGR

Molded fiber pulp packaging will gain traction due to the expanding application in the food and beverage industry. As per a study by Future Market Insights (FMI), the sales of molded fiber pulp packaging is expected to grow at a CAGR of 5.1% between 2021 and 2031.

Molded fiber pulp packaging is accepted worldwide in protective packaging applications which provide excellent cushioning and vibration dampening properties. Applications of molded fiber pulp packaging in logistics, cosmetics, healthcare, and automotive sectors are growing rapidly.

Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-2900

The disruption in supply chains during the COVID-19 outbreak and the resultant restrictions have negatively impacted sales. Expansion of the food & beverage industry and the rising demand for consumer goods will generate ample growth opportunities to manufacturers in the near future.

The consumption of molded fiber pulp packaging is expected increase exponentially, as recyclable and reusable materials become coveted by leading manufacturers. Efforts to ensure safety compliance and industry standards will positively influence growth.

By using molded fiber pulp packaging, marketers and retailers are able to meet the demand for sustainability and durability. This has captured consumer attention and has contributed to the adoption of molded fiber pulp packaging in the durables segment.

Clamshell containers are the most widely used product type in the molded fiber pulp packaging market as they are considered ideal for stacking applications in multiple end use verticals. Molded fiber pulp packaging provides resealing and re-usability characteristics, driving up the scope of sales for the foreseeable future.

Key Takeaways from Molded Fiber Pulp Packaging Market

  • Trays are estimated to hold more than 34% of the market share by 2031, owing to wide scope of applications and superior durability.
  • In North America, the U.S. has emerged as a mature market owing to the presence of major food & beverage manufacturers. It will register incremental opportunity of US$ 774.1 Mn.
  • Transfer molded pulp products are expected to expand at a CAGR of 5.4%. This pulp type offers manufacturers a better recyclable and responsible alternative to plastic.
  • China leads Asia Pacific excluding Japan and is expected to reach a valuation of US$ 2.2 Bn in 2031.
  • The U.K. will dominate Europe, surpassing Germany to reach 21% of the value share by 2031. Growth in the U.K. will be supported by investments in research, and positive prospects for imports.

 “The global molded fiber pulp packaging market is driven by surge in demand for sustainable packaging solutions with protective packaging characteristics. These solutions also are considered ideal for logistics and transport,” says an FMI analyst.

Stringent Regulations Will Support Molded Fiber Pulp Packaging Sales

As concerns regarding packaging waste continue to soar, regulatory bodies have implemented stringent measures to curb the use of single-use plastic. This has proven to be a boon for the molded fiber packaging industry.

Manufacturers are discouraging the use of foam (EPS) in a variety of food and food service packaging services. Nearly a dozen U.S. cities including Washington DC, Seattle, and New York, have banned or taxed the use of polystyrene single-use products.

Thus, the molded pulp packaging industry is projected to have robust growth in these markets as regulatory bodies continue to discourage single-use plastics.

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Who is Winning?

Leading players in the molded fiber pulp packaging market are largely focused on production development and capacity expansion strategies. Key players contribute approximately 20-30% of the global market.

Top players include but are not limited to Huhtamaki Oyj., Pactiv LLC, Brodrene Hartmann A/S, Henry Molded Products, Inc., ESCO Technologies Inc., UPF Technologies, Inc., ProtoPak Engineering Corporation and Celluloses De La Loire are the top players operating in the Molded Fiber Pulp Packaging market..

 

 

About us :

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

Contact :

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

Precision Stainless Steel Market to Witness a Healthy Growth by 2029

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

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

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

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Key takeaways from the precision stainless steel market:

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

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

Demand Likely to Reduce during COVID-19

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

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

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Who is winning?

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

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

 

About us :

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

Contact :

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

Robotic Palletizers and De-palletizers Market to Garner Brimming Revenues by 2030

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

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

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

Some of the key takeaways from the report are:

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

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

Rising Demand Articulated Robotic Palletizers & De-palletizers

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

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

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

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

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

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

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

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

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Who is winning?

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

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

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

While the Tier 3 global market players occupy 30-40% of the market, key players hold almost 40% of the global market.

 

 

 

About us :

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

Contact :

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

Beverage Sector to Account for Over 65% Bag-in-Box Sales as it Continues Exhibiting Demand for Sustainable Packaging:Study

Among various industries using bag-in-box packaging solutions, the beverage sector has emerged dominant. According to a study by Future Market Insights, the beverages sector is expected to account for over 65% of sales in bag-in-box market.

Within the beverages industry, the wine segment holds the largest share.Using bag-in-boxes for packaging wines are particularly handy when it comes to use by an individual. Bag-in-boxes are lightweight than glass bottles commonly used for packaging, and are easier to be stored away.

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Europe has emerged as a key market and one of the leading producers of wine. The region has been exhibiting increasing application of bag-in-box for packaging and transportation of premium wines. Even wine expertsacknowledge that the wines in bag-in-box have a fully conserved taste.

Manufacturers are adhering to stringent food regulationsto ensure the flavor of the wine stays intact. Besides this, hygienic &useful access to the inside content, the plastic film deliberately guards wines against oxygen and light are some of the important aspects that made bag-in-box a foremost packaging solution for wines.

Several industries are opting for bag-in-box packaging solutions as these collapse easily into a flat bag and box which minimizes shipping cost and storage requirements. These factors are expected to enable growth in the market in the coming years.

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Key Takeaways from Bag-in-Box Market

  • Bag-in-box demand will rise steadily, exhibiting a steady growth at 5.7% between 2022 and 2031
  • Rising demand from various industries will enable the U.S. account for over 86% sales in North America
  • Increasing wine production will fuel demand from Germany, France, and Italy
  • After a period of negative growth, sales in U.K. will revive exhibiting, 1.8% y-o-y growth in 2022
  • China will account for leading share in East Asia, followed by Japan and South Korea

“The rising demand for flexible and sustainable packaging solutions will continue driving sales, especially in food and beverages sector. In order to cater to the rising demand, companies are focusing on various innovations” says FMI analyst.

Additional Equipment Costs Associated with Bag-in-Box Likely to Hamper Growth

Although bag-in-boxes are economical packaging solutioncompared to traditional packagingalternatives, addedequipment costs of bag-in-box are expected to limittheir sales.Costs associated with bag-in-box containers are anticipated to adversely affect the demand for bag-in-box, especially in emerging economies.

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Impact of COVID-19 on Bag-in-Box Market

Withsurge in challenging conditions during COVID-19 pandemic, the sales ofbag-in-boxhas declinesubstantially across the globe. Therefore, the Y-o-Y growth rate in the year 2022 end has been lowered by nearly 1.3% in compare with 2031.Moderate negative influence in the demand for bag-in-boxamongstbeverage, food, and chemical segments has been observed, due to difficulties in the maintaining supply chains.

Opposing to this a study by packaging company Smurfit Kappa Group in association with Wine Intelligence uncoveredthat bag-in-box wine productshad 3.7 million new customersin France and the UK during the last six months of 2020.This is mainly due to people have increasingly shiftedto drinking and enjoining at home due to the limitations caused of the pandemic.

Who is winning?

Smurfit Kappa Group plc, DS Smith plc, Amcor plc, Liqui-Box Corporation, Scholle IPN, CDF Corporation, TPS Rental Systems Ltd, Optopack Ltd., NWB Finland Oy, Aran Group and among others arethe prominent players in the global bag-in-box market. The Tier 3 players in the market hold 50-60% in the global bag-in-box market.

Companies operating in the market are focusing on innovations to cater to the rising demand. For instance:

  • In September 2022, Smurfit Kappa launched innovative new Vitop® Blue tap for Bag-in-Box cleaning products which was first being used for Bag-in-Box hand sanitizer packaging – one of the most sought-after products during the Covid-19 pandemic.
  • MondiStyria have launched a pair of next-generation films developed for multilayer BIB products used to package liquid food products and more.

Bag-in-Box Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global bag-in-boxmarket, analyzinghistorical demand from 2016-2021 and forecast statistics for 2022-2031. The study reveals growth projections on the bag-in-boxmarket on the basis of  capacity (less than 5 litres, 5 – 10 litres, 10 – 15 litres, 15 – 20 litres and more than 20 litres), material (paper &paperboard and plastic(LDPE, ethylene vinyl acetate, metallized-PET, ethylene vinyl alcohol, nylon, and others))and end use (food (dairy products, sauces, vinegar & flavoring, and liquid egg products), beverages (alcoholic beverages, non-alcoholic beverages, water, and others), chemicals, petroleum, home care, and cosmetics & personal care) acrossseven regions of the globe.

Home Sleep Screening Devices Market Expanding at a Healthy 8.5% CAGR, the Market Size is projected to Total US$ 5.1 Billion by 2028.

According to the latest research by Future Market Insights (FMI), global sales of home sleep screening devices exceeded the revenues worth US$ 3.1 billion in 2022. Toward 2023, FMI expects the revenue to observe robust increase by around 7%. According to the report, a majority of revenue through sales of home sleep devices will be generated by retail stores, the most preferred distribution channel for home sleep screening devices manufacturers, followed by the online sales segment.

In terms of revenue, the wearable sleep screening devices account for the revenue share of over 65% in the overall home sleep screening devices market. However, the increasing affordability and adoption of non-wearable devices for continuous sleep tracking without physical contact with the device is estimated to fuel the growth of the non-wearable home sleep screening devices segment in the near future.

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Despite the fact that the rates of insurance reimbursement for home sleep studies are low, the convenience and portability offered by these devices compensate for the lack of reimbursement. A growing trend of using wearables as lifestyle devices is facilitating the demand for home sleep screening devices, and this is among the factors boosting the revenue generation of the home sleep screening devices market.

Prevalence of Sleep Related Disorders & Rising Number of Manufacturing Players Accelerating Market Reach of Home Sleep Screening Devices 

The growing demand for sleep studies with home sleep screening devices can be attributed to the growing prescription numbers for home sleep tracking. Sleep disorders are affecting a large pool of population, which has boosted the awareness about these disorders and other related ailments. Increase in the prevalence of sleep disorders has led to an expansion of private care centres and hospitals. These sleep centres have increased awareness among people about the importance of tracking sleep patterns for better sleep. This is driving the usage of home sleep screening devices for sleep disorder cases, and subsequently increasing the revenue generation of the home sleep screening devices market.

Increasing number of manufacturers in the home sleep screening devices landscape and growing awareness among patients about sleep-related disorders will fuel the demand for home sleep screening devices across the globe. There has been a consistent increase in the number of local manufacturers of sleep tracker systems, as well as the availability of different types of trackers such as wristbands, headbands, tracker masks, and ring devices. This enables customers to choose from a range of products depending on the data they want to analyze and the type of wearable preferred by them, based on which they can opt for a product based on their affordability as well as medical feasibility. This is majorly contributing to the growth of the home sleep screening devices market.

Advancing Sleep Tracking Technology to Uplift Sales Potential of Sleep Screening Devices

The technology utilised in home sleep screening devices is based on the mapping of the REM sleep, heal rate, respiration patterns, and deep sleep. However, new home sleep screening devices are incorporating the same technology as the one used in Actigraphy and polysomnography devices. The growing trend of utilising a sleep tracker as a lifestyle accessory is estimated to promote the growth of the home sleep screening devices market.

Technological advancements in smart home sleep screening devices have led to the creation of hybrid devices that not only track activity, but also track sleeping patterns. These smart home sleep screening devices are capable of tracking fitness aspects such as the distance walked, calories consumed, heart rate monitoring, and can also track sleep patterns such as deep & light sleep and REM.

For instance, Fitbit, Inc.’s product Fitbit Ionic tracks fitness/activity as well as sleep patterns. It can record the REM, deep & light sleep, as well as provide tips for efficient sleeping patterns based on an individual’s lifestyle. Similar technological trends are estimated to eliminate the factors restraining the growth of the home sleep screening devices market.

The Consumer Electronics Association has collaborated with The National Sleep Foundation and formed “The Wearable Sleep Monitoring Equipment Group,” which is aimed at boosting the development of sleep technologies. This is also expected to improve the quality of wearable home sleep screening devices to ensure better data collection and storage. The introduction of certain new advancements and technologies are expected to create growth opportunities for the home sleep screening device market.

The report tracks some of the key companies operating in the home sleep screening devices market, which include Fitbit, Inc., Koninklijke Philips N.V., Huami Corporation, Fossil Group, Inc., Garmin Ltd., Huawei Technologies Co., Ltd., ResMed Inc., Responsive Surface Technology, LLC, and Simmons Bedding Company LLC.

The report also elaborates on the key aspects and trends that are likely to govern the home sleep screening devices market performance during 2022-2028, emphasizing the technological roadmap, average selling price, and country-wise revenue analysis. For insights on the same, write in to press@futuremarketinsights.com

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About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

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, 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.

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