Coronary Stents Market Study: An Emerging Hint of Opportunity by 2026

Over the last few years, companies in the cardiovascular diagnostic segment are making major investments in order to introduce innovative coronary stents to capitalize on lucrative opportunities in the interventional vascular devices market. Also, companies are working on key related issues of drug eluting stents and working on a comprehensive model of drug release from these stents and the subsequent uptake of the drug into arterial tissue.

For instance, in the past recent years, Abbott received FDA approval for its bioresorbable heart stent absorb, making the first-of-its-kind medical device commercially available to treat people with coronary artery disease in the U.S.

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The global coronary stents market is estimated to be valued at US$ 7,206 Mn in 2019, with the market expected to exhibit a CAGR of 6.7% during the forecast period (2020 – 2026).

Key Takeaways from Coronary Stents Market Study

  • In terms of raw material, the coronary stents market is expected to witness substantial growth in the next few years. Currently, polymer segment accounts for major share of the global Coronary Stents market.
  • North America has been estimated to dominate the coronary stents market with maximum market share in 2019.
  • The primary trend in the coronary stents market is an increasing number of local manufacturers of coronary stents. Also, growth in interventional cardiology procedures, is an ongoing trend in the coronary stents market.

“Increase in number of cardiac catheterization laboratories and increasing prevalence of cardiovascular diseases are the main factors that will continue to drive the growth of the coronary stents.” says the FMI Analyst.

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Increasing Manufacturing Practices across Low Cost Geographies, Boosts the Coronary Stents Market

Transfer of medical device manufacturing practices across low cost geographies such as India, China, South Africa, ASEAN and other Asian countries is expected to fuel growth of the global coronary stents market. Companies offering hospital supplies are targeting price-sensitive geographies through mergers and acquisitions. Leading manufacturers of coronary stents are acquiring domestic players to gain maximum market share in local markets. Moreover, these companies are focusing on low cost product launches in these region owing to large patient pool belonging to the lower middle income group.

 

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.

 

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

Power Tool Gears Market to Cross US$ 4 Bn Mark by 2030

According to FMI’s analysis report, the global power tool gears market was valued at US$ 2.6 Bn in 2019, and is estimated to exhibit a CAGR of 5% over the forecast period of 2020-2030, with a strong impact being felt due to the current shutting down of manufacturing industries in emerging markets in the initial period of forecast. However, in the long run, the requirement of new and advanced power tools amongst woodworking personnel and metal fabricators will push the growth of the power tool gears market through 2030.

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Due to the global health emergency caused by the outbreak of COVID-19, and subsequent lockdowns in numerous countries around the world, there is sense of economic instability across the globe, which is anticipated to limit market growth to an extensive level. Post pandemic, the power tools gears market is set to witness decent growth, on the back of increasing requirement of faster woodworking and metalworking operations to meet the rising demand for wooden and metal fabricated products in the market.

Key Takeaways of Power Tool Gears Market Study

  • Increasing adoption of automation, better productivity, and easier and accurate operations are vital points propelling the demand and usage of power tools, which is subsequently fueling the growth of the power tool gears market.
  • Power tools can be used for hard materials, which are otherwise strong and difficult to work on with mechanical tools. Also, lack of skilled workforce and wage issues are other driving factors for the increment of the power tool gears market.
  • Use of spur gears and worm or spiral gears is anticipated to increase over the forecast period.
  • The professional end user type segment is likely to retain its dominance in the market due to the requirement of more gear sets. High adoption of power tools for professional purposes is also driving the segment.
  • By application, grinding machines are anticipated to progress at a swift pace over the forecast period, with increasing use of sanders and polishers in the market.

“To improve profit margins by increasing production rates and reducing operating costs, effective reduction in workforce is required. As such, many end-use companies are anticipated to increase the usage of power tools over the slated course of time. However, due to the spread of the novel coronavirus, which is nearly shutting down many prominent economies, growth of the power tool gears market will be hindered in the immediate future.”

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Power Tool Gears Market: Competitive Landscape

The report provides thorough study on the competition landscape of the power tool gears market, and new strategies and development activities adopted by established market players and new entrants. The global power tool gears market is decently fragmented, with various manufacturers offering identical products. Some of the key manufactures in the global power tool gears market are Porite Group, hGears, Zhejiang Oliver manufacturing Gear Co. Ltd, and Zhejiang Fore Intelligent Technology Co., Ltd. among others.

Prominent market players are investing heavily in research and development activities to manufacture new, strong, and durable products, to improve the quality and assurance of their products, so as to increase their acceptance in the 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.

 

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

Catgut Sutures Market to Witness Stunning Growth by 2028

Sutures are surgical accessories used to hold the body tissue together, which helps in timely healing of a wound. Catgut sutures are used to cure various conditions, such as neuropathic ulcers, chronic wounds, etc. They are also used during cardiac surgery. Ophthalmic sutures, orthopedic sutures, general sutures, etc. are the commonly used sutures Catgut sutures are of two types: absorbable sutures and non-absorbable sutures. Both absorbable and non-absorbable sutures can be made from both a natural as well as synthetic material. Catgut sutures have higher knot-pull tensile strength than other types of sutures. They also offer excellent handling features. Therefore, catgut sutures are preferred over other types of sutures. 

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Catgut Sutures Market: Drivers and Restraints

Increasing number of surgeries and rising healthcare expenditure are the primary factors that will drive the growth of the catgut sutures market over the forecast period. Moreover, rising incidences of trauma cases and increasing usage of catgut sutures during surgeries will propel the growth of the catgut sutures market throughout the globe. Increasing cases of facial rejuvenation and skin surgery are also responsible for the robust growth of this market. Lack of product innovation and high risks associated with the surgery might also hamper the growth of the catgut sutures market to some extent. Similarly, improper sterilization systems and lack of skilled professionals are the other two factors that might also hinder the growth of the catgut suture market.

Catgut Sutures Market: Overview

The global Catgut Sutures market is expected to show significant growth over the forecast period due to increasing cases of aesthetic surgeries. New product launches by leading manufacturers have raised the potential of the Catgut Sutures market. By product type, absorbable sutures is the most dominating segment in the global catgut sutures market as absorbable sutures are more preferred by physicians. By end users, hospitals are the most dominating segment, in terms of market value, as a majority of the aesthetic surgeries are performed in hospitals. Key manufacturers in the catgut sutures market are focusing on mergers and acquisitions to upsurge their market share.

Catgut Sutures Market: Regional Overview

On the basis of regional presence, the global Catgut Sutures market is classified into eight key regions – North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China & Japan, China, Japan and the Middle East & Africa. North America is the most lucrative market for Catgut Sutures due to growing number of surgeries in this region.  North America is followed by Western Europe and Japan due to rising incidences of trauma cases in these regions. In APECJ region, India and Australia are the major markets in the catgut sutures market due to rising geriatric population in these countries. MEA and Latin America are expected to witness relatively low adoption in the Catgut Sutures market owing to lack of awareness among people.

Catgut Sutures Market: Key Players

Examples of some of the market participants identified across the value chain of the Catgut Sutures market include Johnson and Johnson Services Inc., Smith & Nephew,, Medtronic plc, Derma Sciences, 3M Healthcare, B. Braun Melsungen AG, Molnlycke healthcare, SMB Corporation Of India, Dolphin Sutures, Lotus Surgicals, and Riverpoint Medical.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:                                         

  • Market Segments
  • Market Dynamics
  • 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)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific excluding China & Japan (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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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.

Catgut Sutures Market: Segmentation

The global Catgut Sutures market has been classified on the basis of product type, material, end-user and region.

Based on product type, the catgut sutures market is segmented into

  • Absorbable Sutures
  • Non-absorbable Sutures

Based on raw material, the Catgut Sutures market is segmented into:

  • Natural
  • Synthetic

Based on end user channel, the Catgut Sutures market is segmented into:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

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

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.

 

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

Paper Recycling Market Expected to Witness High Growth by 2028

Increasing urbanization and middle class population with surge in literacy rates in the developing countries such as India, China, and Brazil will create the huge demand for paper products such as newsprint, packaging, and writing paper. Also, changing consumer preferences towards convenient packaging solutions along with sustainability in mind will diminish the demand for plastic packaging and hence fuel the paper and paperboard industry. Despite being highly recyclable material, PET material is not yet recycled more than 30% of its annual consumption. Growing concern towards polymer-based products will not only diminish its future prospects but simultaneously increase the demand for paper and paperboard which is fully bio-degradable in nature. Recycling of paper has become a major trend in the paper and paper board industry, primarily due to unavailability or scarcity of the raw material. 

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Recycled paper is the major source of the raw material for most of paper mills in the developing as well as developed countries. Recycling of paper not only saves more and more natural resources but also saves lots of manufacturing expenses. Primary application for the recycled paper are the newsprint paper, printing & writing paper, and packaging products. More than 35% of the paper raw material demand in the countries such as India and China are fulfilled by the recovered paper. India imports a lot of recovered paper to meet its domestic demand due to lack of waste paper collection and segregation channels in the country. Increasing demand of the paper-based packaging products in the food and industrial markets will also brighten the future prospects of paper recycling business in the next few years. Packaging waste, if not recycled, may pollute the environment and create serious health problems.

Paper Recycling Market: Market Dynamics

Paper recycling market has witnessed significant growth in the last few years due to increasing concern over depleting environmental resources. The demand for recycled paper is increasing at a CAGR of more than 7-8% annually in the developing countries. Major challenges in the paper recycling market is the high cost of machinery, inefficient waste paper collection and segregation system, and high competition from the international players. Primary focus of the local paper recyclers is to establish proper collection and segregation systems to facilitate the collection of the waste paper in the region. Leading recycling companies are establishing automatic and highly efficient recycling systems to curb high manufacturing cost and eliminate labor intensive operations by automating the existing process. There are lots of opportunities in the paper recycling market in the developing countries such as China because it is the leading importer of the waste paper in the world. This scenario could be reversed by the increase in domestic production of the recovered paper in the country.

Paper Recycling Market: Regional Overview

On the basis of region, the Paper Recycling market is segmented into seven regions which include North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East & Africa, and Japan. Approximately more than 57 million tons of paper is collected in the Europe for recycling activities. And the collection rate is steadily increasing, exceeding 50% every year. Also, more than 50% of the raw material demand in the Europe is fulfilled by the recycled paper. Newsprint, followed by packaging products, is the largest end use application of the recycled paper. Paper recycling market is growing but at a slower rate in developed regions than developing ones. Asia-Pacific and Latin America region has high potential for paper recycling market because of the lower paper recycling rates in the region along with the low penetration of the paper recycling companies in the region. Governments in countries such as India and China are also supporting paper recyclers to protect natural resources from depletion and increase recycling rates in the region. In MEA region, UAE and Saudi Arabia will soon ban plastic packaging products which will create the high demand for paper packaging products in the region. Escalating demand will also boost the demand for recycled paper in the region.

Paper Recycling Market: Market Players

Some of the key players in the Paper Recycling market are Hanna Paper Recycling, Inc., International Paper Company, DS Smith Recycling Holding B.V., Waste Management Inc., WestRock Company, WM Recycle America, LLC, Sonoco Recycling LLC, Caraustar Industries, Inc., Pratt Industries, Inc., Saica Group, Ricova Recycling.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Paper Recycling Market: Market Segmentation:

Paper Recycling Market Segmentation: By Source of Collection

  • Industries
  • Offices
  • Households

Paper Recycling Market Segmentation: By Application

  • Newsprint Paper
  • Cardboard
  • Writing & Printing Paper
  • Packaging Products

Paper Recycling Market Segmentation: By Collection & Segregation Channel

  • Kerb-side Pick-up
  • Paper Bank Collection
  • Municipal Solid Waste (MSW) Collection

Paper Recycling Market Segmentation: By End Use Industries

  • Food & beverages
  • Retail
  • Electrical & Electronics
  • Printing & Paper
  • Building & Construction
  • Others

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

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.

 

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

DWDM System Market Revenue Growth Predicted by 2027

Dense wave digital multiplexing system is trending technology that puts multiple data from different sources together through a single fibre using different wavelength of light. Dense wave digital multiplexing system assigns a specific frequency to incoming optical signal within a designated frequency band.  Moreover, dense wave digital multiplexing system helps to multiplex 80+ separate channels into a light stream which is transmitted on a single optical fibre. Hence, dense wave digital multiplexing enables fast data transfer up to 200 billion bits which are delivered in a second. 

Dense wave digital multiplexing system has different data transmission formats such as synchronous optical network data (SONET), internet (IP) and asynchronous transfer mode (ATM). The dense wave digital multiplexing system has precedence of several aspects such as protocol transparency, efficient solutions, and simple to troubleshoot.

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DWDM System Market: Drivers and Challenges

The demand of dense wave digital multiplexing system is fuelling the market owing to several drivers such as increasing bandwidth demand and high data transfer speed. Dense wave digital multiplexing system provide potentially unlimited transmission capacity of data bytes in gigabytes (GB). Moreover, DWDM system serve transparency to various bit rates & protocols, and dynamic provisioning of network connection to provide high bandwidth services. DWDM system vendors are focusing to reduce cost of deployment by developing low overhead architecture which is also one of the factor driving the market in positive manner.

The major restraints faced by dense wave digital multiplexing market are attenuation loss caused by intrinsic & extrinsic factors, and by Rayleigh scattering.

DWDM System Market: Key Players

Some of the key players of DWDM system market are: Alcatel-Lucent, Ciena Corporation, Cisco Systems Inc., Huawei Technologies, ZTE, Fujitsu, and Infinera Corporation.

DWDM System Market: Regional Overview

Presently, North America region is witnessing high growth rate of dense wave digital multiplexing market owing to increasing adoption of residential broadband services and high-speed international data services.

In Asia pacific and European region, dense wave digital multiplexing market is growing exponentially. This is mainly due to heavy deployment in next generation fibre optic system to provide high speed data transmission across the world oceans.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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DWDM System Market: Segmentation

Segmentation on the basis of services

  • System Integration
  • Consulting
  • Support and maintenance

Segmentation on the basis of product:

  • Transmitter and Receiver
  • Transmission media
  • DMUX
  • Optical amplifier
  • Regenerator
  • Transponders

Segmentation on the basis of verticals

  • IT and Telecom
  • Government
  • BFSI
  • Manufacturing
  • Automotive
  • Healthcare
  • Others

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

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.

 

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

Leno Bags Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

Leno Bags Market Overview

The global demand for the food industry is showcasing an upward trend with agricultural products being high in consumption demand across North America and APEJ market. This has correlated the demand across packaging market, especially in food bags packaging segment. Traditionally flat bags were the primary choice of food product packaging but which advancement in material usage leno bags significantly preferred for food packaging which requires oxygen in order to increase the shelf life.

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Development in leno bags with fabric coating has rendered in increasing the physical strength of the product thus ensuring a high demand for customized packaging solution to the food manufacturer. Countries of China and India, in particular, are highly dominating the consumption use of leno bags across the globe. Comparatively leno bags have good tensile resistance and are comparatively lighter in weight.

Bag manufacturers are increasingly opting to produce leno bags as compared to jute bags as it is much cheaper in the market. Moreover, leno bags offers easy visual inspection of content stored inside it which isn’t possible in other bags. Additionally, nowadays, the manufacturer of leno bags are ensuring the bags are produced in such a way which is corrosive to chemical and renders barrier against fungus and insects.

Global Leno bags Market – Market Dynamics:

The producer of leno bags strategies moves which are game-changing in bags market, simply modifying the choice of raw material has created an immense cost saving for the manufacturers. BOPP polymer material is extensively replacing the polyamide material as it offers product strength.

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On the flip side the use of biodegradable paper bags an alternative packaging solution for leno bags market which is hampering the growth across the APEJ and North America market. With technological and product development in machinery it has created an increase in output production of leno bags market, thus manufacturer is increasingly focusing on automation process of leno bags.

Global Leno bags Market – Market Segmentation:

Globally the leno bags market is segmented into material type and capacity size type. On the basis of material type the global leno bags market is sub-segmented into polypropylene (PP), polyethylene (PE), polyamide (PA). On the basis of capacity size type the global leno bags market is segmented into 2kg- 10kg, 11kg to 20kg, 21kg to 30kg, 31kg to 40kg, 41kg to 50kg, Above 51kg.

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Global Leno bags Market – Regional Outlook:

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

The global leno bags market is correlated with rising consumption of food industry across the industrialized and developing region. APEJ region, in particular, is extensively at the apex at the consumption of global food with the highly concentrated population being one of the significant factors for increasing consumption of food and at the same time leno bags market. With the region of Europe and North America are promptly picking up the pace in the increasing consumption of leno bags.

Leno bags Market – Key Players:

Some of the key players operating in the global leno bags market are CTM Technical Textiles Ltd., Trinity Packaging, Meher International, Skill Dye Chem Pvt. Ltd., Balaajie Packaging, Kalna Hessian Bags Supply Co., Manokamna Polypack, Prime Industries, S.P.P Food Products (Pvt.) Ltd., Pack world, Coderre Packaging Inc., Megaflex Plastics Ltd., Yilsan Plastic Packaging Industry & Trade Co. Inc., Singhal Industries Private Limited, Mantram Technofab Private Limited, Sunbeam Lenopack Pvt Ltd., Tan Dai Hung Plastic J.S. Co., Jaidayal Hitex Private Limited, LC Packaging, Leno Pack Industries.

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.

The report covers exhaustive analysis on:

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

The regional analysis includes:

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

Hair Care Packaging Market to Garner Brimming Revenues by 2028

Due to the increased purchasing power of individuals and improved living standards, the personal care and cosmetics market is at its peak, and expected to witness fast-paced growth during the forecast period. Hair care packaging products are segmented on the basis of the form of the hair products. Hair oil is a prominent segment in the global hair care packaging market. Hair care packaging is designed by considering the temperature, form, quantity, and composition of the hair care product. 

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Some of the key brands that are influencing the trends and patterns of hair care packaging are Henkel, Procter & Gamble, KAO, L’oreal, and Unilever. The sizes of hair care packaging products play a key role in the marketing and sales of hair care products. The spending limit of people on hair care products in different regional areas is decided by the popularity of hair care packaging products. For example, in developed countries, people can spend on high volume bottles of hair shampoo, but in undeveloped countries, people can spend only on low volume shampoo sachets.

Hair Care Packaging Market: Dynamics

The hair care packaging market is trending in developed countries such as Germany, the United Kingdom, United States, and France. Due to the increasing spending power of people on personal care and new product types in hair care, the hair care packaging market is growing. Plastic material is mostly used in hair care packaging products.

The ban on plastic material in some leading countries is restraining the growth of the hair care packaging market. Low cost and less in weight hair care packaging with recycling ability are highly acceptable by hair oil companies. Hair care packaging should be durable for a long period and withstand all environmental conditions. The research and launch of new products for hair care are responsible for the development of new hair care packaging types. Hair care packaging plays an important role in the branding of companies, and attracts more costumers toward their products.

Hair Care Packaging Market: Geographical Outlook

The growth of regional hair care packaging markets depends upon the position of the personal care & cosmetics industry in that specific region. The Asia Pacific hair care packaging market is projected to dominate the global market throughout the forecast period. In the Asia Pacific region, China and India are the largest exporters and consumers of hair care products. Europe and North America are expected to be second and third ranked in the hair care packaging market, respectively. Increasing research and the introduction of new hair care products are acting as key drivers for the growth of the hair care packaging market around the world. Latin America and the Middle East & Africa are expected to witness fast-paced growth in the hair care packaging market during the forecast period.

Hair Care Packaging Market: Key Players

Some of the key players operating in the hair care packaging market are as follows:

  • HCP Packaging Co Ltd
  • RPC Group Plc
  • Gerresheimer Holdings GmbH
  • Silgan Holdings Inc.
  • ABC Packaging
  • AptarGroup, Inc.
  • AREXIM Packaging
  • DS Smith Plc
  • Fusion Packaging Solutions Inc.
  • Graham Packaging Company Inc.

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, 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.

The global hair care packaging market has been divided into seven regions –

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan
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Hair Care Packaging Market: Segmentation

The global hair packaging market is segmented by considering the hair care product, their form, type of packaging, and material used for the manufacturing of packaging products.

On the basis of hair care product, the global hair care packaging market is segmented into:

  • Hair Oil
  • Shampoos
  • Conditioners
  • Dry Shampoos
  • Hair Wax
  • Hair Creams
  • Hair Sprays
  • Hair Dyes
  • Hair Perfumes

On the basis of form of hair care product, the global hair care packaging market is segmented into:

  • Liquid
  • Solid
  • Semi-solid

On the basis of type of packaging, the global hair care packaging market is segmented into:

  • Sprayers
  • Droppers
  • Bags & Pouches
  • Sachets
  • Bottles
  • Jars
  • Tubes
  • Cartons

On the basis of material used in the manufacturing of hair care packaging products, the global hair care packaging market is segmented into:

  • Plastic
  • Glass
  • Metal
  • Paper & Paperboard

Report Highlights:

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

BPA-free Coatings Market to Garner Brimming Revenues by 2028

Bisphenol A (BPA) coatings are highly used in food processing industries, baby food bottles, can liners and others. Concerns have raised regarding the use of BPA in food can liners and water bottles due to their harmful effects on human health. BPA-free coatings are gaining ground on the backdrop of growing regulations against the use of BPA coatings. Manufacturers opt BPA-free coatings due to rising regulations by governmental and non-governmental organizations to minimizing the use of BPA coatings. BPA-free coatings can be manufactured using various alternatives of epoxy resins including vinyl, acrylics, oleo or polyethylene. The estrogenic nature of BPA based coatings which may lead to genetic disorder to living beings encourages manufacturers to produce BPA-free coatings during the forecast period. 

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BPA-free Coatings Market: Dynamics

The production of BPA-free coatings is backed by innovations in the use of oleoresinous enamel and PET laminate technology drives the growth of the global BPA-free coatings market during the forecast period. The BPA coating used as liners in canned foods and other industries, exposure to which can be life threating to workers, pregnant women, children, and others. This factor is expected to drives the BPA-coatings market growth. Also, BPA is hormonally active material, ingestion of even a small amount of BPA chemical in the body may cause many health problems including asthma, obesity, prostate and breast cancer, adverse effect on immune system and others. These factors are pushed manufacturers to produce BPA-free coatings. The food regulatory agencies continuously pressurizing food processing and other industries to use BPA-free coatings in their packaging and other. This factor is expected to fuel the growth of the global BPA-fee coatings market during the forecast period. Although, the factors which can hamper the growth of the BPA-free coatings market are worth consideration.

The can manufacturers who depend heavily on BPA lined cans for decades, switching to another material for the production of BPA-free cans is not easy. Also, the cost of BPA-free coatings are comparatively higher than BPA coatings and is produced in high volume across the globe. The performance of BPA-free coatings, however, is not delivered as much impact as compared to BPA coatings. These factors are expected to hamper the global BPA-free coatings market during the forecast period.

The BPA-free coatings market is expected to witness high growth owing to rising health issues by the use of BPA coatings. The Western Europe is supposed to fuel the global BPA-free coatings market. It is attributed to the availability of global paints and coatings manufacturers in the region, especially in Germany and Italy. The region is followed by North America, the U.S. is home to various coatings manufacturers which are readily open to change. This factor is expected to drive the growth BPA-free coatings market in the region. The APEJ is supposed to witness high growth in the market owing to the presence of various industries in the region. The MEA BPA-free coatings market is supposed to witness average growth. Japan BPA-free coatings market is expected to witness above average growth. Overall the outlook for the global BPA-free coatings market is expected to witness positive growth during the forecast period.

BPA-free Coatings Market: Key Players

Few of the leading players operating in the global BPA-free coatings market are –

  • PPG Industries, Inc.
  • Akzo Nobel N.V.
  • Koninklijke DSM N.V.
  • E.I. Du Pont De Nemours and Company
  • Wacker Chemie AG
  • Altana AG
  • Allnex Group
  • BASF SE
  • Kansai Paint Co., Ltd.
  • Bostik SA

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, 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.

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BPA-free Coatings Market: Segmentation

Globally, the BPA-free coatings market has been segmented on the basis of material type, end use and region:

On the basis of material type, the global BPA-free coatings market has been segmented as:

  • Acrylic based coatings
  • Vinyl based coatings
  • Oleo
  • Polyethylene
  • Others

On the basis of application, the global BPA-free coatings market has been segmented as:

  • Bottles
  • Can liners
  • Box
  • Others

On the basis of end use, the global BPA-free coatings market has been segmented as:

  • Food & beverages
  • Building & construction
  • Paint & coatings
  • Chemicals & fertilizers
  • Automotive
  • Others

On the basis of region, the global BPA-free Coatings market is segmented as –

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

Report Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies for 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

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.

 

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

Medical Tray Sealers Market Share and Growth Factors Impact Analysis 2028

Medical tray sealers as the name suggest are used to seal the trays. Each medical tray sealer machine is designed to meet consumer requirements with regard to tray and product infeed, discharge of packs, labelling and quality inspection. Medical Tray Sealers market is segmented on the basis of machine type into- Automatic and semi-automatic medical tray sealers. Medical Tray Sealers seal trays made from various materials such as, plastic, aluminum, cardboard and foamed materials. Medical Tray Sealers enables a fast and efficient pack output with gentle tray handling. Medical Tray sealers are used to seal medical thermoform trays and blister packs. Medical Tray Sealers seal Tyvek lidding to thermoform tray for packaging medical devices and trays for surgical devices, blister packs for pharmaceuticals. Medical Tray Sealers include features such as PLC control and touch screen, which makes it easy for the operator to handle. 

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Medical Tray Sealers contains dual sided aluminum precision ball bearing shuttle trays. Medical Tray Sealers are ruggedly-built machines that provide a great framework for greater productivity and less maintenance. The factors that are expected to fuel the medical tray sealers market are: no requirement for nut bolts to loosen, no shaking and rattling of machine, enhancement of product production, accuracy and easy to maintain. The precision controls and the built-in safety features present in medical tray sealers prevents bad sealing. For instance, BELCO Packaging Systems offers medical tray sealers that has a temperature alarm circuit, assuring sealing at right temperatures. This feature warns the operator of any temperature differential

Global Medical Tray Sealers Market: Dynamics

Medical tray sealers are easy to operate with low maintenance requirements and are available in range of options to suit the manufacturer’s need. Medical tray sealers are suitable for medical device and pharmaceutical cleanroom operations. Medical tray sealers seal a range of coated lid stock including Tyvek, foils, films and paper. Nelipak health care packaging offers customized medical tray sealers. The company offers a range of medical tray sealers including single station table top medical tray sealers, multi-station medical tray sealer with rotary table and linear medical tray sealers. Multivac Inc. provides medical tray sealers designed for cleanroom compatibility with an enclosed cooling water circuit that permits tooling changes without water disconnection. Atlas vac machine offers medical tray sealers with an innovative design. Powder coatings are applied on the frames and other structural components while sealing.

This provides a clean and cost effective surface that will hold up for years. Technologies such as RFID tool verification, barcode scanners and UDI compliance are available in the medical tray sealers. Medical tray sealers have a sealing area within the range of 10*10 inches to 38*30 inches and can seal a tray having a depth up to 8 inches. Medical trays are mostly used to package class II medical devices and as the market for class II medical devices is rapidly growing, it is expected that medical tray sealers will also witness a positive growth during the forecast period.

Global Medical Tray Sealers Market: Regional Overview

The medical tray sealers market is expected to register a healthy CAGR during the forecast period. North America accounts for a lion’s share in the global medical tray sealers market as there are number of manufacturers in the U.S.A, followed by Europe. Due to the rise medical tray packaging for class II devices such as syringes, diagnostic kits, catheters etc., the market for medical tray sealers is expected to grow at a steady rate.

Global Medical Tray Sealers Market: Key Players

  • Nelipak
  • Atlas Vac Machine
  • Apex Packaging Corporation
  • Belco Packaging Systems
  • Accu-Seal
  • Medical Systems for Industry]
  • Cama Group
  • Sencorp White
  • Multivac Inc.

The Medical Tray Sealers market 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 Medical Tray Sealers market trends, macroeconomic indicators and governing factors along with Medical Tray Sealers market attractiveness as per segments. The Medical Tray Sealers report also maps the qualitative impact of various market factors on Medical Tray Sealers market segments and geographies.

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Regional analysis includes –

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

Global Medical Tray Sealers Market: Segmentation

Global medical tray sealers market is segmented on the basis of sealing area into (inches):

  • Less than 20*20
  • 20*20- 30*25
  • More than 30*25

Global medical tray sealers market is segmented on the basis of operational mode into:

  • Semiautomatic
  • Automatic

Global medical tray sealers market is segmented on the basis of packaging applications into:

  • Surgical Devices
  • Pharmaceuticals
  • Medical consumables and disposables
  • Others (Tubes, diagnostic kits etc)

Report Highlights:

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

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.

 

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

Residential Water Treatment Devices Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2031

According to a recent report by Future Market Insights (FMI), the residential water treatment devices market is expected to surpass a valuation of US$ ~23 Bn in 2021 and at a CAGR of approximately ~5% through 2031.

Market players are investing in cutting-edge water filtration technologies such as carbon nanotubes and sophisticated membrane systems. The discovery of new, uncommon contaminants, the promulgation of new water quality regulations, and cost have all influenced the development and application of water treatment systems.

Reverse osmosis, nano filtration, dialysis, and electro-dialysis are examples of membrane techniques. These systems are high-tech and have relatively expensive capital and operating expenses, but they can discharge vast amounts of highly treated water.

Furthermore, photocatalytic water treatment has gained popularity in recent years due to its efficacy in purifying contaminated water. Toxic chemicals are removed from water using photocatalysts and ultraviolet (UV) radiation. Panasonic, for example, created a technique that links the photocatalyst (titanium dioxide) to a commercial adsorbent and a catalyst called zeolite, enabling photocatalyst separation and recovery from water for reuse. Titanium dioxide has the ability to mineralize a variety of organic molecules, resulting in safe end products. To separate compounds, the catalyst uses UV energy from the sun or artificial light.

Besides this, connected water filters are an emerging trend in smart home products. By supplying continuous data to app platforms, smart water filters may perform a wide range of functions, from monitoring water quality to informing consumers their daily water intake.

For instance, IN 2019, Xiaomi launched three new models in the India market. This includes a smart water purifier, which contributes to the country’s growing Internet of Things (IoT) ecosystem. The Mi Smart Water Purifier (RO+UV) is a product designed exclusively for India. It is the only smart and DIY water purifier available, according to the manufacturer.

2016-2020 Global Residential Water Treatment Devices Market Outlook Compared to 2021-2031 ForecastAs per FMI, demand is projected to grow at a healthy 5% CAGR over the forecast period, in comparison with the 3% CAGR registered between 2016 and 2020.

Residential water treatment devices remove harmful chemicals, gases, suspended solids, and biological pollutants from drinking water, making it safe to drink. Sales have grown steadily over the years as a result of improved availability of purification and filtration devices, a diverse product offering, and population growth.

However, the latter has also resulted in increased contamination of fresh water sources and the construction of new residential buildings, thereby propelling sales in the market.

Pollution of surface and ground water resources from agricultural, industrial, and home sources is the world’s greatest water challenge. It has long been recognized that urbanization has a negative impact on water quality in general. Given that practically all drinking and irrigation water demand is met by freshwater resources, the falling water quality index of freshwater resources is a major source of worry.

Chemically polluted water, unlike biological contamination, has no direct effect on human health; however, it causes buildup in the body and adverse effects. As a result, in the residential sector, customer choice is shifting toward water treatment equipment such as water treatment devices, ensuring the consumption of water with an excellent water quality index. This factor is complementing the growth of the market.

Contaminated water, according to the World Health Organization (WHO), can spread diseases like diarrhea, cholera, dysentery, typhoid, and polio. Each year, 485 000 diarrheal fatalities are estimated to be caused by contaminated drinking water. As a result of the rise in such ailments, demand is expected to remain high over the assessment period.

residential water treatment devices market

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Key Takeaways:

  • Based on product type, demand for water filters is projected to remain high over the assessment period, growing at a 4% CAGR.
  • In terms of price range, sales of mid-range devices are projected to increase at a 5% CAGR through 2031.
  • In terms of installation type, demand in the point-of-entry segment is anticipated to increase at a 6% CAGR.
  • Sales through online retailing are projected to grow at a 6% CAGR over the forecast period.

Impact of COVID-19 on the MarketPrior to the COVID-19 outbreak, there was a slow but steady increase in global demand for household water treatment devices. The two main challenges that affect household water treatment equipment manufacturers are safety and government orders made at the federal, state, and local levels.

Due to the initial shutdown, social distance norms, and limited local and state government office activities, water treatment equipment manufacturing and installation are severely hampered. In regions where it is permissible and safe to do so, players are still selling water purification systems with minimum labour.

Furthermore, the home water treatment equipment industry has been hampered by a scarcity of workers, hefty taxes, and rigorous government regulations. The market, on the other hand, is gradually reflecting prospective prospects as economies begin to recover.

Who is winning?Leading manufacturers of residential water treatment devices are A.O. Smith Corporation, Kent Supreme, Eureka Forbes, Panasonic, Aqua Care, 3M, Aquasana, Waterwise Inc., Everpure, and GE Appliances among others who are focused on aggressive promotional strategies and advertisements that have driven sales growth of residential water treatment devices globally. For instance:

  • Water-Right, Inc., a water treatment solutions supplier, was bought by A. O. Smith Corporation in 2019. All Water-Right subsidiaries, real estate, and sister business Mineral-Right, Inc. were included in the deal.
Global Residential Water Treatment Devices Market by CategoryBy Product Type:

  • Water Filters
  • Distillation Unit
  • Others

 By Price Range:

  • Economy (Below US$30)
  • Mid-range (US$30-US$100)
  • Premium  (Above US$ 100)

By Installation Type:

  • Point of Use
  • Point of Entry

By Sales Channel:

  • Hypermarkets/ Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retailing
  • Others Sales Channel

By Region:

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