Market Research Blog – Page 15029 – New Product Development

Bundling Film Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022

Bundling Film Market Overview

Packaging has become a key constituent of modern life due to the ease of transportation, storage and inclination of the consumer towards a wide usage of bags. The rising demand of the packaging products is primarily due to its easy availability.

One such product which is growing at a healthy rate is bundling film market, most of the bundling film bags are lay flat or gusseted in nature and are available in different sizes and can also be customized to meet customer precise needs. Customization of bundling film packaging in terms of space, capacity can improve the market globally in the forecast period.

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Bundling Film Market- Market Segmentation:

The global bundling film market can be segmented on the basis of material type, packaging type, by product type, end-use and by region. On the basis of material type bundling film market can be segmented into Polyethylene (PE), Polyvinylidenchloride (PVDC), Polypropylene (PP), `Polyvinylchloride (PVC), Polyester (PET), and Polyamide (PA).

On the basis of packaging type bundling film market can be segmented into flexible packaging and semi-rigid packaging. On the basis of product type bundling film market can be segmented into bundling stretch film, hybrid bundling stretch film, extended core bundling stretch film, pre stretched bundling stretch film.

On the basis of application, bundling film has been segmented into food, pharmaceuticals, personal care & cosmetic products, industrial goods, commercial goods, and others. On the basis of region, the global bundling film has been segmented into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA).

Bundling Film Market – Market Dynamics:

Growth in demand for bundling film market is expected to grow strongly for several reasons. One of the major factors contributing towards the growth of bundling film market is the dispensers which offer the ability to control the film tension during the application process, and also it offer a brake that allows users to modify film tension. The lightweight stretch bundling film dispenser offers easy application for users which is another factor fueling the growth in the bundling film market.

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On the other hand, the restraining factors that are hindering the growth in the bundling film market is the higher initial cost of the plastic materials, dispensers and lack of awareness among consumer. The increasing demand for bundling film products from different industries like food & beverages, pharmaceuticals, chemical can also be a good opportunity for the bundling film market.

Bundling Film Market – Regional Outlook:

Geographically, the global bundling film market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The global bundling film market is expected to witness a stable CAGR over the forecast period of 2016-2024. Moreover, North America is expected to be the largest bundling film market in terms of bundling film, due to the higher rate of exporting products and goods. Apart from this, the wide growth of the plastic bags is expected to further boost the sales of the bundling film market in Asia Pacific by the end of the forecast period of 2016-2024.

Bundling Film Market – Major Players:

Some of the major players identified across the globe in the bundling film market are Berry Plastics, Amcor Limited, Mondi Group, Professional Packaging Systems, Inc., Global-Pak, Plastipak Group, Halsted, Intertape Polymer Group, J&HM Dickson, Jumbo Bag, Langston, LC Packaging, Jinxing Plastic Packaging Branch, Shanghai Lucky Hi-Tech Material International Trade Co., Ltd., Dongguan Yason Pack Co., Ltd., Tongcheng Soma Package Co., Ltd., Qingdao Bothwin International Trade Co., Ltd.

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

The Report covers exhaust Analysis on:

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

Regional Analysis includes:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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

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Bundling Film Market

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

Highly Fragmented Bridge Bearings Market to Remain a Mature Market Through 2028

The presence of numerous global as well as regional players has led to widespread fragmentation in the global bridge bearings market. With increasing adoption of bridge bearings in the global construction sector, players in the market are focussing on strengthening their base in the early stages of product development.

A new report by leading research firm Future Market Insights studies the growth trajectory of the global bridge bearings market for a 10 year period from 2018 to 2028 and throws light on the current market structure and key strategies adopted by the leading market players.

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According to the research analysis, revenue from the sales of bridge bearings is projected to reach a valuation of US$ 935.0 Mn by the end of 2028, up from an estimated US$ 586.2 Mn by 2022 end, registering a CAGR of 4.8% during the forecasted 10 year period 2022 – 2028.

Future Market Insights’ Recommendations for Market Players

The report reveals that China is currently the most prominent regional market for bridge bearings. Growth in the production of steel in China has led to increasing demand for bridge bearings and this demand is anticipated to remain on an upward swing in the coming decade.

Increasing investments in transportation infrastructure in the countries of Latin America and Middle East & Africa is further expected to lead to a surge in sales of bridge bearings in these two regional markets. With manufacturers of bridge bearings looking to expand strategically across key regional markets, Future Market Insights recommends key players to pump in investments in the developing markets of China, MEA, and Latin America.

Mergers and acquisitions are a key strategy adopted by market players, and according to Future Market Insights’ analysis, M&A activities in developing markets will help manufacturers of bridge bearings expand their product offerings.

Boost in Governmental Investments Towards Global Infrastructure Projects and Growth in Construction Activities to Create Lucrative Opportunities for Manufacturers of Bridge Bearings

Rapid urbanisation at the global level has led to a burgeoning expansion of the construction sector across the world. Governments of both developing and developed economies are greenlighting multiple construction and infrastructural projects to strengthen commercial and transportation infrastructure development. This is anticipated to boost global demand for bridge bearings in the construction sector.

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Further, a growing demand among the population in China, Europe, U.S, and the Middle East for amusement parks, luxury sports venues, and other leisure activity establishments is fuelling revenue growth of the bridge bearings market. Manufacturers of bridge bearings will witness sustained growth in future if they leverage the numerous opportunities created in the global market and enhance their product portfolio.

Emergence of Global Bridge Preservation Partnerships and Increasing Use of Neoprene Elastomeric Bridge Bearings Trending the Bridge Bearings Market

One of the trends observed in the bridge bearings market is the emergence of several partnerships at the global level to maintain the integrity of existing as well as new bridges. The main objective of these collaborations is to reduce/delay/prevent deterioration of bridges, restore the core functionalities, and maintain the bridge structure in good condition to ensure enhanced performance spanning several years.

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The American Association of State Highway and Transportation Officials (AASHTO) is involved in the R&D of advanced tools and methodologies to extend bridge life through preservation treatments and construction best practices. This association further promotes the use of seismic force resistant products such as bridge bearings in the U.S. The Europe based National Cooperative Highway Research Program – in partnership with the AASHTO – focuses on bridge evaluation and the necessary quality control checks.

Another trend shaping the global bridge bearings market is the use of elastomeric bridge bearings owing to their better elasticity. Elastomeric bridge bearings can be easily installed and require minimal maintenance as compared to other types of bridge bearings. Neoprene elastomeric bridge bearings are currently in high demand as neoprene rubber comes with a high resistance to temperature and facilitates smooth load transfer from the beam to the bridge structure. Neoprene elastomeric bridge bearings are also resistant to lateral and longitudinal beam movement caused due to thermal variations.

For more information on the different types of bridge bearings, write in to Future Market Insights’ analysts at press@futuremarketinsights.com

Global Oil & Gas Explorations to Boost Hydrostatic Testing Adoption through 2028; Revenue to Expand at a Steady 4.7% CAGR over 2022-2028

Hydrostatic testing is a way to ascertain strength and leaks in pressure vessels such as pipelines, gas cylinders, boilers, and fuel tanks.

In the pipeline industry, hydrostatic testing presents unique safety, environmental and community liaison challenges. However, outside the pipeline industry, there is considerably lean understanding of hydrostatic pressure testing of existing pipelines.

As projected in a recently released market intelligence by Future Market Insights (FMI), the global hydrostatic testing market is estimated to be valued at US$ 771.9 Mn by 2028, expanding at a steady CAGR of 4.7% during the forecast period 2022-2028.

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Moreover, the demand for hydrostatic testing is notably high in the oil and gas industry, in the wake of increasing upstream and downstream oil and gas exploration and drilling activities that requires rigorously constructed and designed pipelines.

Considering the impact that pipeline failures can have on economy, environment, and human life, the demand for hydrostatic testing is significantly high in the oil and gas industry.

North America and MEA are expected to be key regions in the hydrostatic testing market during the forecast period owing to increasing investments across oil and gas industry in these regions.

With the growing oil reserves across various regions, especially MEA, the demand for pipeline and vessel testing services is expected to increase, which in turn, will escalate the demand for hydrostatic testing equipment across the region.

North America, on the other hand, dominated the global natural gas production as well as consumption in 2017. With growing consumption and production of natural gas, coupled with safe operations of gas pipelines, demand for hydrostatic testing is expected to remain high, in the region.

Investments in oil and gas exploration and drilling activities in Mexico and Brazil are surging, which in turn, is projected to create opportunities for hydrostatic testing providers and significant competition for foreign investors, in the Latin American region.

Pumps are a widely used test equipment and is likely to dominate the global hydrostatic testing market with more than 3/4th of the overall market share by the end of the forecast period, in terms of product.

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These pumps are primarily designed to test plumbing lines, pressure vessels, water meters, sprinkler and solar systems across various industries.

Moreover, powered hydrostatic testing compared to manual variants is projected to dominate the global hydrostatic testing market owing to its smooth functioning, lying in the high growth – high value quadrant throughout the forecast period.

The global market for hydrostatic testing is significantly fragmented, with most players involved in the manufacturing of testing pumps and other associated equipment, mostly catering to their respective regional markets.

Manufacturers of hydrostatic testing equipment and service providers are focusing on various acquisition activities to enhance their global presence.

New product development, in terms of testing pipelines and pipe systems is also projected to remain key forward market strategy adopted by players in hydrostatic testing market.

Moreover, government regulations such as U.S DOT and PHMSA, are expected to create growth opportunities in the hydrostatic testing market.

Key players in the global hydrostatic testing market include Curtiss-Wright Corporation, Galiso Inc., Rice Hydro, H. Lorimer Corp, and Cosmo Instruments Company Limited.

For further insights on the global hydrostatic testing market, write to the expert analysts of Future Market Insights at press@futuremarketinsights.com

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About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

Air Separation Plant Market projected to expand at a CAGR of 5% to attain a net worth of US$7.9 Bn by the end of 2028 : FMI

[293 Pages Report] The global air separation plant market enjoys a valuation of US$5.9 Bn, and projected to expand at a CAGR of 5% to attain a net worth of US$7.9 Bn by the end of 2028. We expect strong demand for air separation plants in the healthcare industry to be a prominent trend favouring overall market growth across regions.

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Demand Analysis of Air Separation Plants (2013 to 2021) Vs Market Forecasts (2022 to 2028)

The world has seen a substantial rise in demand for pure gases across multiple industry verticals. This has subsequently increased demand for air separation plants. Increased disposable income and rapid urbanisation across the globe have also shaped the global air separation plant industry.

Increasing demand from multiple manufacturing sectors, rapid urbanisation in emerging and developing economies, rise in consumerism, high demand for steel production, and rising oxygen demand from the healthcare industry are some of the major factors that are driving demand for air separation systems across the world.

Demand for air separation plants is expected to rise at a CAGR of around 5% from 2022 to 2028.

Global Machine Tool Touch Probe Market Forecast

The global machine tool touch probe market is consolidated by nature. There are only a few key market participants which occupy a significant share in the market. These players are expected to play a pivotal role in the growth of the machine tool touch probe market over the forecast period. By transmission type, infrared segment is expected to hold a significant share in the machine tool touch probe market over the coming years.

Infrared segment along with the radio segment is expected to occupy over 85% share in the global market. By machine type, CNC machining center segment is expected to create overall incremental $ opportunity of US$124.3 Mn between 2018 and 2028. By end use, automotive, defence & aerospace and medical segment is expected to dominate the market. The medical and automotive segment are expected to collectively account for 33.9% of the market share by the end of 2018, which is expected to grow to 35.1% of the overall market by the end of forecast period. By region, Western Europe is expected to grow at a significant rate, at a CAGR of 4.2% over the forecast period.

Competitive Landscape

Key providers of air separation plants are focusing on mergers and acquisitions to increase their global presence and establish their business across regions. Market players are also focusing on reducing costs in order to cater to demand from emerging and developing economies.

In November 2021, Nippon Gases, a leading Japanese company, announced that it has signed an agreement with Cogne Acciai Speciali, a renowned Italian stainless steel manufacturer. The agreement would enable the modernisation of the Italian company’s air separation unit to increase its efficiency and reduce energy consumption in production.
On 23rd August 2021, the president of Zimbabwe – Emmerson Mnangagwa -launched a new air separation plant in order to meet increasing demand for medical oxygen. The plant can produce 20 tonnes of oxygen gas along with 16.5 tonnes of liquid oxygen per day.

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Key Segments of Air Separation Plant Industry Survey

Air Separation Plant Market by Type:

Cryogenic Air Separation Plants
Non-cryogenic Air Separation Plants
- Pressure Swing Adsorption (PSA)
- Vacuum Pressure Swing Adsorption (VPSA)
- Membrane Separation

Air Separation Plant Market by Gas:

Oxygen
Nitrogen
Argon
Diesel

Air Separation Plant Market by End-use Industry:

Air Separation Plants for Chemical Industry
Air Separation Plants for Iron & Steel Industry
Air Separation Plants for Healthcare Industry
Air Separation Plants for Food & Beverage Industry
Air Separation Plants for Paper & Pulp Industry
Air Separation Plants for Oil & Gas Industry
Others

Air Separation Plant Market by Region:

North America Air Separation Plant Market
Latin America Air Separation Plant Market
Europe Air Separation Plant Market
East Asia Air Separation Plant Market
South Asia & Pacific Air Separation Plant Market
Middle East & Africa (MEA) Air Separation Plant Market

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Category-wise Analysis

Which End-use Industry of Air Separation Plants is Expected to Have a Bright Outlook?

While demand for air separation plants from chemical and other industries contributes significantly to the overall market, expected demand from the healthcare industry to see a rise more than other industries.

The pandemic of 2020 accelerated demand for medical oxygen, and this has majorly influenced demand for air separation plants in the healthcare industry. Especially, emerging economies with underdeveloped healthcare infrastructure are proving to be very lucrative for air separation plants.

However, demand for air separation plants in the chemical sector will remain the highest, with the industry accounting for over 20% market share.

Tablet Packing Machine Market 2022 Size, Growth Analysis Report, Forecast to 2030

Tablet Packing Machine Market Overview

The growth in the global pharmaceutical industry has led to the growth in the pharmaceutical machines industry, which in turn has escalated the demand in tablet packing machine market. A lot of new techniques are being developed for drug manufacturing and packaging. The growing need to invest in new areas and products has resulted in development of Pharmaceutical machinery including the packaging machinery.

In addition, new technology advancements in the way product is manufactured, and a need for accuracy, efficiency, reliability and speed in the pharmaceutical packaging market has also contributed to the growth in demand for tablet packing machine market.

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Tablet Packing Machine Market Dynamics:

The global pharmaceutical industry is expected to grow at a CAGR of around 10% annually, which is primarily driven by the increase in demand for generic and biotechnology-based drugs. This further is expected to fuel the growth in pharmaceutical packaging market including the tablet packing machine market.

Additionally, to tackle counterfeiting issues in pharmaceutical industry, companies are willing to invest more in packaging technology which would result in higher margins and ultimately boosting the growth in tablet packing machine market and also strict regulations and high safety standards would result replacement of old packaging machines with new machines which would further drive the demand in tablet packing machine market.

Some of the challenges and restraints that the tablet packing machine market faces are issues related to cross contamination of drugs as different tablets are packed through same machines, drying drug pipeline, effective costing of product, automation risks associated with manufacturing of drugs.

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Tablet Packing Machine Market- Regional Outlook:

Geographically, the tablet packing machine market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). The growth in Asia Pacific is primarily attributed to developing economies like India and China because of its high population and also growing pharmaceutical industry.

Indian Pharmaceutical industry is expected to grow at a CAGR of 15% given that India is the largest supplier of generic drugs which further is expected to drive the tablet packing machine market in the region. In addition, China is also one of the largest producer and consumer of packing machines.

Europe and North America are also expected to witness a high growth in tablet packing machine market due to growing pharmaceutical industry due to rise in aged population. Furthermore, Germany plays an important role in the Europe tablet packing machine market, as is it expected to contribute around 15% market share in the Pharmaceutical equipment market.

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Latin America is also expected to witness an above global average growth in tablet packing machine market as the smaller players in the region are refurbishing the packaging machines because of high safety standards and regulations in the pharmaceutical industry.

Tablet Packing Machine Market- Key Players:

Some of the leading players identified across the globe in the tablet packing machine market are: Robert Bosch GmbH, Marchesini Group S.p.A, Romaco Pharmatechnik GmbH, Körber Medipak Systems AG, Shiv Shakti Packaging Industries, ACG Worldwide Private Limited, Uhlmann Pac-Systeme GmbH & Co. KG, Multivac Inc, OPTIMA packaging group GmbH and Jornen Machinery Co., Ltd.

The report covers exhaustive analysis on:

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

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Europe (EU5 Countries, Nordic countries, BENELUX, Poland, Russia, Rest of Europe)
APAC (China, India, ASEAN, Australia & New Zealand, Japan)
MEA (GCC Countries, 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, 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.

Tablet Packing Machine Market Segmentation:

On the basis of type, the global Tablet Packing Machine market is segmented into:

Strip Packing Machine
Blister Packaging Machines
Bottle Packaging
Aluminum foil packaging machine
Accucounter Tablet Packing Machine
Automatic Pouch Packing Machine
Vertical tablet packing machinery
Fill & Sealing Machine
Automatic Tablet Packaging Machine

On the basis of material, the global Tablet Packing Machine market is segmented into:

Thermoform
Cold form
Aluminum
PVC

Dental Veneers Market : An Emerging Hint of Opportunity by 2029

Dental Veneers Market Overview

Dental veneers (some of the time called porcelain veneers or dental porcelain covers) are skinny, uniquely crafted shells of tooth-hued materials intended to cover the front surface of teeth to improve your appearance. These shells are clung to the front of the teeth changing their shading, shape, size, or length. Dental veneers can be produced using porcelain or from sap composite materials. Dental veneers are a possible solution to achieve a look as per patient desire. They are a mainstream decision for those with chipped teeth, a hole between teeth, or distorted teeth

Dental veneers market: Drivers and RestraintsThe growth of this market is driven by the development in the geriatric population and comparing age-related dental illnesses, rising pervasiveness of tooth decay and periodontal sicknesses in the general population over the globe, expanding readiness to embrace dental corrective items, builds attention to the aesthetic awareness among the population, increasing application are rising immensely over the globe and the developing number of dental specialists. Be that as it may, the staggering expense of premium dental embeds and restricted repayment, and high danger of tooth misfortune related with dental scaffolds may hope to ruin the development of this market during the conjecture time frame. Further, alternatively, progressively economical methodology, for example, teeth brightening, have gained acceptance globally are the restraining factor for the growth of Dental veneers market

Dental veneers market: Overview

Dental veneers are overwhelmingly used for restorative purposes and are joined to the front of the tooth to make an increasingly white and straighter smile. They are used to improve the nearness of the smile by treating delicate tooth misalignment, parts, worn tooth, chips, recoloring, and openings. The treatment for every patient is uncommonly made to meet the stand-out requirements. The holding of dental veneers is done using tar concrete. Based on product type dental veneers market can be segmented as Composite material and dental porcelain. Dental porcelain is expected to be a prominent segment in the dental veneers market owing to strong and long lasting properties, natural looking surface and it don’t stain easily. Based on end user, dental veneers market can be segmented as hospitals and dental clinics. Dental clinics porcelain is expected to be a prominent segment in the dental veneers market.

Dental veneers market: Regional Outlook

Topographically, the dental veneers market can be separated into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa. North America rules the worldwide dental veneers as far as revenue attributable to cutting edge medicinal services, developed infrastructure, aesthetic awareness among the population. Europe represents second conspicuous market in the dental veneers market. Europe represented the significant piece of the overall industry of dental veneers and is evaluated to lead the general market in the years to come. The purpose for the general market development could be the developing maturing population, experiencing dental issues, government activity by subsidizing oral human services, and the rising acknowledgment of dental corrective medicines. The dental veneers market in the South Asia is foreseen to enlist relatively quick development as far as revenue over the forecasted period because of increment in human services costs, rise in incidence rate of dental infections, increment in discretionary cashflow and expanding attention to the dental issue. The nations like India and China are the major and rising economies for the customers of dental veneers in this region

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Dental veneers market: Key Players

Major players operating in the dental veneers market include Glidewell Laboratories, Colgate-Plmolive, Dentsply International, Zimmer, PHILIPS, DenMat, Ultradent Products, Lion, Henkel, Trident, Sirona Dental Systems and among others.

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

The report covers exhaust analysis on:

Dental veneers market Segments
Dental veneers market Dynamics
Dental veneers market 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)
Europe (Germany, Italy, France, U.K, Spain)
East Asia
South Asia
Oceania
Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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About FMI:
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Paper Bags Market is anticipated to grow at 4.1% CAGR during the forecast period from the year 2020 to 2030

Driven by the rising focus on environment-friendly and sustainable packaging solutions, the demand for paper bags is poised to surge exponentially, finds Future Market Insights (FMI) in a new study. Paper bags are light-weight, biodegradable, and cost-effective. Due to their intrinsic properties they also are considered eco-friendlier than plastic alternatives.

Use of paper bags has been consistently rising across industries such as agriculture, construction, and others. Spurred by this, the market for paper bags is forecast to exhibit a CAGR of 4.1% CAGR between 2020 and 2030.

As paper bags are non-reactive, they are being widely used in packaging of food, beverages, and various high-end products. Expansion of these sectors will therefore bode well for the overall market.

FMI’s report offers an exhaustive overview of the paper bags market. It covers information on the market’s growth potential, growth drivers and restraints.

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Some of the key takeaways from the report are highlighted below-

Sales of pinched bottom open mouth paper bags will continue to surge
Brown kraft will remain the preferred material for making paper bags
Paper bags with thickness <2 ply is anticipated to be highly sought-after as disposable packaging solution
Retail industry is forecast to exhibit high demand for paper bags
Demand for paper bags is expected to skyrocket in APEJ

“Paper bags are becoming increasingly popular as better alternative for single-use plastic bags. With governments across various nations banning the use of polythene bags and other plastic items, sales of paper bags are expected to pick up. Some of the leading market players are eyeing this as a lucrative opportunity. Some have even introduced paper bags recycled from wastes such as discarded newspaper to leave a mark amid competition,” says an FMI analyst.

COVID-19 Impact Analysis

The outbreak of novel coronavirus has put a dent on expected growth of the paper bags market. Besides disruptions across manufacturing units, the market had struggled with scarcity of raw materials, non-operational supply chain, shutting down of logistics units, unavailability of labors, among other factors during extended periods of lockdown. The key market players are however working hard to strengthen their infrastructure to continue manufacturing quality products.

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Who is Winning?

Competition in the paper bags market is likely to get fiercer in the coming years. Companies are therefore increasingly focusing on recycled materials for the production of quality paper bags. Some are even pushing product launches to gain competitive advantage.

For instance, RonPak has launched their extensive range of paper bag products such as carry out, pinch-bottom, wraps, and others with SQF certification and manufactured with optical brightener with black light detection of glue in the recent year.

JohnPac has launched their exclusive multi-wall paper bags with diverse range of styles such as sewn open mouth, self-opening sack, pinch bottom open mouth, sewn valve, pasted valve stepped end, and others in the current year.

More Valuable Insights on Paper Bags Market

In its latest report, Future Market Insights offer a detailed and unbiased analysis of the global paper bags market. It provides historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (sewn open mouth, pinched bottom open mouth, pasted valve, pasted open mouth, flat bottom),

material type ( brown kraft, white kraft), thickness (<2 ply, 2 ply, 3 ply, >3 ply), end use ( agriculture & allied industries, building & cons, food & beverage, retail, chemicals, others), across six major regions (North America, APEJ, Western Europe, Eastern Europe, Latin America, MEA, and Japan).

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Explore FMI’s Extensive Coverage on Packaging Domain

Dairy Products Packaging Market: Widespread milk consumption on a global scale, applications of dairy products in the food and beverage sector, and strict food safety regulations are aiding growth

Disposable Cups Market: Consumer preference for eating out had the demand for on-the-go or take-away beverages exploding. Driven by this, the overall disposable cups sales are expected to total US$ 10.6 Bn in 2021

Dynamic Spinal Tethering Systems Market Demand, Scope and Future Estimation until 2029

Dynamic Spinal Tethering Systems Market Overview

Dynamic spinal tethering systems are used for the correction of irregular spine in adults as well as paediatrics. The dynamic spinal tethering systems are generally used in the patients suffering from the scoliosis or any other form of the spine deformity. The tether is anchored using the dynamic system in the spinal cords vertebrae and providing the much required support and assistance in treatment of scoliosis. The use of dynamic spinal tethering systems is generally more observed in children to correct the deformity earliest.

Dynamic Spinal Tethering Systems Market: Drivers and Restraints

The superiority of the dynamic spinal tethering systems in treatment of spinal deformities and especially in scoliosis is the prime driver in the market. Increasing prevalence of the scoliosis is expected to further drive the growth of the market globally. Increasing product availability of the dynamic spinal tethering systems in developing regions further expected to drive the growth of the dynamic spinal tethering systems market. Superiority of the dynamic spinal tethering systems in the treatment as compared other options for the treatment of scoliosis and spine deformity further expected to drive the growth of dynamic spinal tethering systems market. Increasing awareness about the scoliosis and spine related deformities and their treatment options expected to fuel the growth of dynamic spinal tethering systems market. As per American Association of Neurological Surgeons (AANS), more than 8 million children or adolescents are living with scoliosis which represents significant revenue generation opportunity in dynamic spinal tethering systems market. Increasing treatment seeking rate across the world in patients suffering with scoliosis and spine disorders further expected to drive the growth of the dynamic spinal tethering systems market. Whereas, high cost of the dynamic spinal tethering systems makes it less affordable in developing countries due to lower per capita healthcare spending and poor state of reimbursement scenario, which may hamper the growth of the market. The manufacturers are making an extended efforts to improve their geographical product footprints across various regions to improve their growth prospect in the global dynamic spinal tethering systems market.

Dynamic Spinal Tethering Systems Market: Overview

The global market is expected to experience significant growth over the forecast period due to increasing adoption of dynamic spinal tethering systems. By application, the global dynamic spinal tethering systems market is expected to be dominated by scoliosis due to higher adoption for the treatment. By end user, the global market is expected to be dominated by hospitals due higher patient footfall for the procedure. Improving healthcare infrastructure and increasing awareness about available treatment option in the form of dynamic spinal tethering systems.

Dynamic Spinal Tethering Systems Market: Regional Outlook

The global dynamic spinal tethering systems market is expected to be dominated by North America region due to higher prevalence of the scoliosis and other spine deformities. Europe is expected to be the second most lucrative region in global market due to higher treatment seeking rate. Latin America is expected to experience steady growth due to increasing adoption of dynamic spinal tethering systems for the spine related deformities. Asia-Pacific is regarded as emerging region in global dynamic spinal tethering systems market due to rapidly increasing product availability and adoption. Middle East & Africa market is expected to be least lucrative region due to low treatment seeking rate.

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Dynamic Spinal Tethering Systems Market: Key Players

The key participants operating in the global dynamic spinal tethering systems market are: INTUITIVEX, Medronic, Alphatec Spine, Inc., Arthrex, Camber Spine, DePuy Synthes, Exactech, Inc., Globus Medical Inc. and others.

The report covers exhaust analysis on:

Dynamic Spinal Tethering Systems Market Segments
Dynamic Spinal Tethering Systems Market Dynamics
Dynamic Spinal Tethering Systems 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 Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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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The Retail E-Commerce Packaging Market is estimated at US$ 16.8 Bn in 2022

Retail e-commerce packaging is gaining increased traction owing to expanding e-commerce sector. The cross border shopping has picked up steam and is pushing the growth of the e-commerce sector. This in turn has led to the emergence of innovative packaging solutions, thus giving a boost to the global retail e-commerce packaging market. Several key players in the market are focusing on developing efficient packaging solutions with a view to promote safety of the product, marketing of the product as well as enhance the visibility of the product.

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“Retail E-Commerce Packaging Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2028),” a new research report by Future Market Insights covers present and future projections of the global market. According to this research, the global market is poised to grow at a steady CAGR throughout the period of assessment and is estimated to reflect a market valuation of more than US$ 21 Bn by the end of the year of assessment.

Global Market for Retail E-Commerce Packaging: Factors Influencing Growth

Several factors are pushing the growth of the global retail e-commerce packaging market. To name a few, aspects such as increasing cross-border shopping and parcel delivery driving the demand for retail e-commerce packaging products, increasing penetration of e-commerce in tier 2 and rural areas, increasing adoption of e-commerce by retail chains, medium business to consumer business as well as in small scale B2C businesses, rising consumer preferences towards inexpensive and reusable components that are easy to load and reload and development of innovative packaging solutions driving the sales owing to increased customer satisfaction thus pushing the growth of e-commerce packaging are contributing to the growth of the global retail e-commerce packaging market.

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Global Market for Retail E-Commerce Packaging: Key Segmental Highlights

The global retail e-commerce packaging market is segmented on the basis of product type, market type, merchandise type and by region.

By market type, the third party fulfilment and logistics companies segment is the largest and expected to showcase high market attractiveness. This segment is expected to lead the global market with a high market valuation by the end of the year of assessment
By region, Asia Pacific excluding Japan (APEJ) shows high lucrativeness. The retail e-commerce packaging market in this region is projected to grow at a significant CAGR and is estimated to reach a value of more than US$ 7700 Mn by the end of the forecast period. The retail e-commerce packaging market in Latin America is projected to grow at the fastest rate in the coming years
By product type, protective packaging segment is projected to grow at a high rate throughout the period of assessment and also reflect a high market value by the end of the assessment year (2026) and is a highly lucrative segment. The boxes segment is the second largest in terms of market strength
By merchandise, the food and beverage segment is projected to grow at a higher pace as compared to other merchandise segments during the period of forecast. The fashion (clothing, footwear, etc.) segment is expected to dominate the global market with a high valuation of more than US$ 6 Bn by the end of the year of assessment (2026)

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Global Market for Retail E-Commerce Packaging: Competition Analysis

The research report on global retail e-commerce packaging market includes a separate section on competitor analysis. It covers various aspects of the companies involved in the global retail e-commerce packaging market. Major players such as Dynaflex Private Limited, Intertape Polymer Group, WestRock Company, 3M Co., Sealed Air Corporation, Mondi plc., International Paper Company, Georgia-Pacific LLC, Pregis Corporation and DS Smith Plc., are profiled in this exhaustive research report.

For more insights and intelligence on the global retail e-commerce packaging market, write in to 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

Europe to Dominate the Global Market for Top Load Cartoning Machines for the Forecast Period 2022 – 2026

As per the latest report compiled by Future Market Insights (FMI), the global market for top load cartoning machines is likely to witness moderate growth. The market is projected to register 4.5% CAGR during 2022 – 2026. By the end of 2026, the global top load cartooning machines market is estimated to reach 766.8 million revenue.

The most influential factor in the top load cartooning machines market is the evolution of the packaging machinery market. Developers of top load cartooning machines are focusing on improving the design in order to expand the capacity. Manufacturers are introducing new models to strengthen their position in the market.

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The demand for innovative packaging solution is resulting in the development of modular top load cartoning machine. Key players are increasingly investing in the research and development to integrate advanced technology and deliver maximum efficiency. The manufacturers are also developing machines that can handle huge volume with minimal human effort, thereby minimizing errors and eliminating the wastage of raw materials.

Key Highlights on the Global Top Load Cartoning Machines Market

The global market for top load cartoning machines is segmented on the basis of product type, capacity, end use industry, and region. On the basis of product type, the market is segmented into horizontal and vertical. Horizontal top load cartoning machines are likely to be one of the top-selling products. By 2026 end, horizontal top load cartoning machines are estimated to exceed US$ 600 million revenue.

Based on the capacity, top load cartoning machines with the capacity of 150-400 CPM are likely to witness robust growth throughout the forecast period 2022-2026. 150-400 CPM capacity of top load cartoning machines are projected to reach nearly US$ 300 million revenue by 2026 end.

On the basis of the end use industry, Food industry is expected to emerge as the largest end user of the top load cartoning machines. By the end of 2026, the food industry is estimated to create an incremental opportunity surpassing US$ 70 million between 2022 and 2026.

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Region-wise, the global top load cartoning machines market is segmented on the basis of Europe, North America, Japan, Asia Pacific Excluding Japan (APEJ), the Middle East and Africa (MEA) and Latin America. Among these regions, Europe is likely to remain dominant in the global market for top load cartoning machines. Europe is projected to register 3.6% CAGR during the forecast period 2022 -2026.

Global Top Load Cartoning Machines Market: Competition Landscape

The report provides a detailed profile of some of the key market players active in the global market for top load cartoning machines. The companies operating in the market are Robert Bosch GmbH – Packaging Technology, Molins Langen – Molins PLC, Omori Machinery Co. Ltd., Tetra Pak International S.A., Cama Group, Rovema GmbH, Econocorp Inc., Bradman Lake Group Ltd., PMI Cartoning, Inc., and ADCO Manufacturing. Most of the players operating in the global top load cartoning machines market are incorporating advanced technologies to develop machines that can offer efficiency and at the same time ensure smooth functioning of the process.

For more useful insights on the global Top Load Cartoning Machines market , Future Market Insights analysts can be contacted at press@futuremarketinsights.com