Paper Masking Tapes Market will Register 5.4% CAGR as Application Grows in Automotive and Building and Construction Industries

Paper masking tapes developed to sustain high temperatures over longer duration prove effective across high performance applications. This will remain a chief driver of the paper masking tapes market, enabling growth at 5.4% CAGR based on value between 2021 and 2031

Future Market Insights (FMI) has predicted the global market value to total US$ 3.2 Bn by the end of 2031. Increasing demand for high temperature resistance paper masking tapes from customers is encouraging manufacturers to design advanced masking tapes.

Surging adoption of advanced foam paper masking tapes in various industries is driving the global market. Paper masking tapes have the ability to withstand high temperature and are specially designed for application in the automotive industry.

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Paper masking tape manufacturers have been consistently innovating in terms of product development to solve industry specific issues related to high temperature applications such as bleed through due to low initial tack, ineffectiveness and inconvenience in painting contours and irregular surfaces. Their efforts are expected to bode well for the market.

Key Takeaways from Paper Masking Tapes

  • The crepe masking tape segment is estimated to represent a dominant market share. It is estimated to create an incremental opportunity of US$ 846.3 Mn during the forecast period.
  • Demand in automotive aftermarket is expected to accelerate with a CAGR of 6.1%.
  • Rubber-based adhesive segment is expected to account for more than 36% of sales in the market through the forecast period.
  • The South Asia paper masking tapes market is projected to register a CAGR of 7.6% during the forecast period.

“Adoption of sustainable and high tensile paper masking tapes that can withstand extreme temperatures and can provide barrier against moisture is expected to increase over the next decade,” said a lead FMI analyst.

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Automotive Sector is the Key Driver of Paper Masking Tapes Market

To meet the demand for customers for such a wide range of indoor painting jobs, and tape, manufacturers have developed a multifaceted assortment. The convenient use and affordable pricing of masking tapes with availability of single-sided and double-sided masking tapes is driving the market.

Leading automotive manufacturers and suppliers rely on various adhesive solutions for numerous applications. These include wire harnessing, surface protection, and attachment part mounting. This is creating a demand for masking tapes from the automobile industry.

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Paper Masking Tapes Market Landscape

3M Company, Shurtape Technologies LLC, Tesa SE, Saint-Gobain Tape Solutions Europe, Nitto Belgium NV, Advance Tapes International Ltd., PPM Industries S.p.A, Vibac Group S.p.a, Intertape Polymer Group Inc., Berry Global, Inc., Beorol d.o.o, Folsen Tapes, FABO s.p.a., Scapa Industrial, Cintas Adhesivas Ubis, S.A., MBK Tape Solutions, NADCO® Tapes & Labels, Inc., Pro Tapes & Specialties, Inc., Sicad Group and PPI Adhesive Products Limited.

Paper Masking Tapes Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for paper masking tapes market by tape type (crepe masking tapes, washi masking tapes, flatback paper masking tapes and kraft paper masking tapes), by distribution professional (aftermarket sales and diy distribution), by adhesive type (rubber-based adhesive, acrylic-based adhesives and hot melt adhesives), by application (painting, plating, abrasive blasting, high temperature application, thermal spraying and general use), by end use (automotive, building and construction, aerospace, general industries and others).

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

What are the upcoming opportunities for the Adhesive Bubble Wrap Market?

Adhesive Bubble Wrap Market Overview

The growing demand witnessed in the e-commerce and the pharmaceutical sector has resulted in worldwide acceptance of adhesive bubble wrap as a safe and cost-effective packaging solution. Made up of transparent plastic material adhesive bubble wrap has consistent air-filled hemispheres which are primarily used to protect the product while transiting. The sticky adhesive enables to stick to the product being packaged by eliminating the use of tape. Also, this type of packaging is easily removable, leaves no residue and are highly durable in nature.

The retail industry along with the booming electronics & electricals industry has been constantly driving the demand up for bubble wrap packaging to enhance the safety of high-value products.

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What Are Major Drivers For Adhesive Bubble Wrap Market?

The significant rise of online shopping and rising demand of reducing wastage or damage to the product while shipping it from one destination to other, makes adhesive bubble wrap a solution to all those transportation problems. The factor driving the global adhesive bubble wrap market for upcoming years will be the ease of wrapping odd-shaped surface with the help of adhesive protective packaging for various applications.

Which Factors Are Hindering Growth of Adhesive Bubble Wrap Market?

The adhesive bubble wraps are made up of plastics, but plastic is a material harming the environment, which negatively impacts the demand for bubble wraps. Also, the various stringent laws by governments across the globe to restrict or limit the usage of plastics hamper the growth of bubble wraps.

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What are the upcoming opportunities for the Adhesive Bubble Wrap Market?

The increasing usage of bubble wraps in shipping various types of gift items, to save it from the robust atmosphere as well as external pressure. Usage of adhesive bubble wraps in pharmaceutical applications of safekeeping high-value drugs & chemicals used in medical applications is set to boost the demand for adhesive bubble wraps in volumes for the upcoming period.

Key Market Players of Adhesive Bubble Wrap Market:

  • FROMM Packaging Systems Inc.
  • Omniverse Foster Packaging Group
  • Free-Flow Packaging International
  • Pregis Corporation
  • Polyair Inter Pack Inc.
  • Automated Packaging Systems, Inc.
  • Inflatable Packaging, Inc.
  • Sealed Air Corporation
  • Veritiv Corporation
  • Jiffy Packaging Co.
  • Tarheel Paper and Supply Company
  • Future Packaging and Machinery Ltd
  • Barton Jones Packaging Ltd.
  • iVEX Protective Packaging Inc.
  • Abco Kovex Ltd

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How China and India Are Important to The Global Adhesive Bubble Wrap Market?

The countries of China and India are going to dominate the adhesive bubble wrap market globally due to increased penetration of e-commerce and the internet in the regions, along with the rising purchasing power of the people. Both these countries being the largest consumer economies are set to push the global adhesive bubble market upwards by keeping their dominance in consumption and production combined.

What will be the impact of the U.S. on The Global Adhesive Bubble Wrap Market?

The US has been a pioneer of e-commerce as well as the consumer goods business right from the beginning, so the rising electronics & electricals industry along with the pharmaceutical industry will contribute to the exponential growth of the adhesive bubble wrap market over the forecasted period. The rising consumer preferences for hassle-free and safe packaging will boost the demand for bubble wrap as a packaging solution.

Which Industries of Germany Will Contribute To Growth of Adhesive Bubble Wrap Market?

The staggering automotive and personal care industry, along with the booming e-commerce industry will be key to the growth of the adhesive bubble wrap industry in the German market. But the stringent laws of the ban on single-use plastics and limiting usages by the European Union may hamper the growth of bubble wraps in Germany.

How Covid-19 Pandemic Affected the Global Adhesive Bubble Wrap Market?

During the outbreak of deadly virus all over the world, only production and shipping of essential items were allowed during the lockdown throughout the world. But the e-commerce business recorded the maximum growth during the whole world force to shop from home, due to the risk of contamination. Also, the pharmaceutical industry was in boom due to high demand for medical supplies as well as equipment, for all these end-user industries adhesive bubble wrap acted as an optimum packaging solution.

Global Adhesive Bubble Wrap Market Segmentation:

Based on Material:

  • HDPE
  • LLDPE
  • LDPE

Based on End Use:

  • E-Commerce
  • Manufacturing
    • Electronics & electricals
    • Pharmaceuticals
    • Food & Beverages
    • Cosmetics & Personal Care
    • Automotive & allied industries
    • Others (agriculture, healthcare)

On Basis of Region:

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

Encapsulated Salt Market Overview Future Outlook and Prospects for the Market by Major Market Vendors, Types, Applications and Geography 2022-2029

Encapsulated Salt Market Outlook:

 Sodium Chloride with multiple minuscule layers of vegetable oils is known as encapsulated salt. Encapsulated salt is extremely functional and temperature motivated. Encapsulated salt is used for sodium contraction. Encapsulated Salt is used to reshape the physical performance and use as a flavoring agent. When the encapsulated shell is melted by physical stress or by heat then only encapsulated salt allows interaction.

Encapsulated salt is used widely in the food industry such as confectionery, baking goods, etc. Encapsulated salt is mainly used for adding different and unique flavors in food items. The increasing demand for food application across the globe will be helpful to increase the growth rate of encapsulated salt. Increasing demand for encapsulated salt and a growing number of manufacturers all over the world are the reasons for increasing the competitive level in the encapsulated salt market. To save the position in encapsulated salt market manufacturers are producing unique & innovative products in the encapsulated salt market with attractive offerings.

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Beneficial in different Food Application Which Is Growing Demand For Encapsulated Salt:

Encapsulated salt is widely used in meat. Encapsulated salt is the primary ingredient while cooking meat. Encapsulated salt is used for improvements of flavors in the meat.  Encapsulated salt is used to manage the moisture level in meat. The moisture level is extremely important in meat as it enhances the flavors, tenderness, and juiciness of the meat. The moisture level is also important for the betterment of palatability and quality of the food product. Encapsulated salt is used for protein protection in meat. Health-conscious consumers include meat in their diet for the source of protein. The number of health-conscious consumers is increasing rapidly which will help to increase the demand for encapsulated salt.

Encapsulated salt is used widely in confectionery and baking goods. Encapsulated salt is used for surface sanding in confectionery and baking foods. Encapsulated salt is used for yeast protection in baked foods. Salt is a common ingredient in baking goods, encapsulated salt can prevent the yeast activity, encapsulated salt allows usage of salt without any negative effect on yeast.

Encapsulated salt is used in frozen foods for frozen point depression. Consumption of frozen food and ready to eat food is increasing rapidly due to convenience and it saves time. Students and Employees live away from their home for education and employment, so they are busy in study and work. They don’t have time for cooking so they prefer frozen food and ready to eat food which is convenient for them and it is healthy and nutritious. Encapsulated salt is used in animal feed. Encapsulated salt is used widely in the chemical industry.

Encapsulated Salt Market: Regional Analysis:

Asia-Pacific is anticipated to be leading in the encapsulated salt market in the forecasting period specifically in China, rapidly growing India and South Asia Regions. North America and Europe are mature regions across the globe in the encapsulated salt market. North America and Europe are expected to be dominant regions in the encapsulated salt market in the forecasted period due to the key manufacturers and suppliers are present in those regions.

Encapsulated Salt market is expected to be growing rapidly in the Middle East, Africa, Latin America due to the improving economic conditions and increasing food and chemical industry in these regions. Encapsulated salt is widely used in baked foods, meats, confectionery, and frozen foods as a flavoring agent and to maintain the moisturizing level. The consumption of food applications is growing rapidly across the globe which will increase the demand for encapsulated salt.

Encapsulated Salt Market: Key Participants: 

  • Cheetham Salt
  • AkzoNobel
  • Cargill
  • Compass Minerals International
  • Swiss Salt Works
  • Südwestdeutsche Salzwerke
  • American Codak
  • Vision processing technologies Inc.
  • Accurate ingredients
  • K+S Aktiengesellschaft
  • Basf corp.
  • Maxx performance Inc.
  • Balchem encapsulate
  • Ecochem
  • Danisco
  • Hansen

The research report presents a comprehensive assessment of the encapsulated salt 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 product type, application, and end use.

The report covers exhaustive analysis on:

  • Encapsulated salt market Segments
  • Encapsulated salt market Dynamics
  • Encapsulated salt market Size
  • Encapsulated salt Supply and Demand
  • Current Trends/Issues/Challenges pertaining to encapsulated salt market
  • Competition Landscape and Emerging Market Participants in follow on encapsulated salt market
  • Technology related to Production/Processing of encapsulated salt.
  • Value Chain Analysis of the encapsulated salt market

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South 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.

Encapsulated Salt Market Segmentation:

On the basis of type, the follow on encapsulated salt market is segmented into:

  • Solar Salt
  • Rock Salt
  • Vacuum Salt

On the basis of end use, the follow on encapsulated salt market is segmented into:

  • Food Industry
  • Baked Goods
  • Confectionery
  • Frozen Food
  • Meats
  • Water Treatment Industry
  • Animal Feed Additive
  • Chemical Industry

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Report Highlights:

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

About FMI:

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

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How Oxygen Gas Requirement is Bolstering the Growth of Medical Gas Cylinder Market?

Medical Gas Cylinders Market Overview

Medical gas cylinders consist of high pressurized gas used for various medical purposes. In order to cater with the varying requirements of the end users, medical gas cylinders are available in various formats and sizes. Continuous demand for the life essential gases at the hospital propelling significant increase in the sales of medical gas cylinders. Besides this, the consumption portable gas cylinders are expected to increasing g with high pace, as most of the people prefer to have such cylinders at home for emergency situation especially during rising pandemic situations.

To fulfil increased demand many key players across the globe are planning to increase their production capabilities and expansion of distribution services. The global outlook for the medical gas cylinder is anticipated to remain positive throughout the forecasted period due to the evergreen medical sector.

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How Oxygen Gas Requirement is Bolstering the Growth of Medical Gas Cylinder Market?

Rapidly rising cases of COVID in various regions demand oxygen gas to treat patient. Every day rising requirement of oxygen gas cylinder is supplementing the sales for medical gas cylinder. Also, the set-up of temporarily medical facilities to treat the COVID patients pushes the requirement for medical gas cylinder to cater for the demand for oxygen gas cylinders.

How the Portable Medical Gas Cylinder Thriving Opportunities for the Key Players?

The portable medical gas cylinders are gaining significant traction among people attributing to have safety measures at home. The non-availability of space in hospital lead towards homecare setting which ultimately bolsters the market for medical gas cylinder. Further, as these type of cylinders is lightweight and easy to handle, many of the hospitals used this in the ambulance or emergency vehicles. Therefore, these cylinders creating revenue generating opportunities for the key players as well as opens a new door for applications.

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What is the Key Trend Supplementing Sales of Medical Gas Cylinder in the Market?

The entry of new players in the market for manufacturing medical cylinders to cater for the need during the current scenario is augmenting the market growth for medical gas cylinders. The players are introducing a new product line of a medical gas cylinder in their product portfolio which is expected to push the market growth for medical gas cylinder.

What Limits the Growth of the Medical Gas Cylinder Market?

The factor challenging for the medical gas cylinder market is the high cost of raw material as well as its availability. Also, the precaution needed to be taken will manufacturing and storing the same may hamper the medical gas cylinder market.

Competitive Landscape

Key players are

  • Allied Healthcare Products Inc.
  • HERSILL S.L.
  • Spencer Italia s.r.l.
  • AMS Composite Cylinders
  • Shenyang Gas Cylinder Safety Technology Co., LTD
  • B.N.O.S. Meditech Ltd.
  • Al-Can Exports Pvt. Ltd.
  • Many More

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What are the Key Strategies Adopted by the Manufacturers to Amplify Profit Margins?

To achieve leading position and to deal with the market competition, manufacturers of medical gas cylinders are strategically planning for expansion of the business line. Some of the key players are focussing on product and technology level innovations and therefore investing two fold amount in the research activities.

  • In March 2020, a company named AirGenics, a leader in refurbishing cylinders converted its inert gas cylinders to medical oxygen cylinders to cater for the demand in the market.

Further, to cater increasing demand gas cylinders during COVID-19 pandemic situations, manufacturers are planning to have strong distribution network in the international market.

How India Is the Fast Growing Market for Medical Gas Cylinders?

Rapidly rising chronic diseases and infectious diseases create demand for oxygen and other medical gases in hospitals. This lead to the demand for medical gas cylinder to provide a continuous supply of required medical gases in hospital. Recently, Indian government has decided to provide funds for 151 PSA and 162 PSA medical oxygen generating plants in public health facilities and increasing production of oxygen cylinders. Attributing to this, India is expected to gain new horizon in the global medical gas cylinders market.

How has COVID-19 impacted the Growth of the Medical Gas Cylinder Market?

The impact of the COVID-19 pandemic on the medical gas cylinder market was and is significantly positive as during COVID-19 there was a tremendous increase in the use of gas cylinders in hospitals and ambulances. Also, various medical facilities were immediately started along with a homecare setting which augments the sales for medical gas cylinder. On the back of these statements, the market for medical gas cylinder bolstered during COVID-19.

Key Segments of Medical Gas Cylinder Covered in the Report

Based on Material Type:

  • Aluminium
  • Steel

Based on End-user:

  • Hospitals
  • Manufacturing Industry
  • Institutions
  • Homecare
  • Others

Based on Capacity Type:

  • 10L
  • 40L
  • 50L
  • 100L
  • More than 100L

Based on Portability:

  • Fixed
  • Portable

Based on Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Smart Orthopedic Implants Market In-depth Analysis by Trends, Dynamics, Drivers, Challenges and Growth Factors by 2031

According to latest research by Future Market Insights, smart orthopedic implants market is set to witness steady growth during 2021-2031. Demand for smart orthopedic implants market will witness steady recovery in short-term, with optimistic growth outlook in the long-run. Smart Orthopedic Implants market players – Globus Medical, Inc., Medtronic, plc, Wright Medical Group N.V., Zimmer Biomet Holdings, Inc, Johnson & Johnson, Arthrocare Corporation, among others represent the global Smart Orthopedic Implants market. The market study depicts an extensive analysis of all the players running in the Smart Orthopedic Implants market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Smart Orthopedic Implants market report.

Future Market Insights, in its latest business report, elaborates on the current situation of the global Smart Orthopedic Implants market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

Understanding the Impact of Covid-19 on Healthcare Industry

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

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

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Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint.

Smart Orthopedic Implants Market: Segmentation

By Product Type:

Hip Reconstruction

Knee Reconstruction

Shoulder Implants

Spinal Implants

Trauma Implants

By Material:

Bone Cement

Metal

Cobalt

Alloy

Titanium

By End user:

Hospitals

Speciality Centers

Orthopedics Clinics

Ambulatory Surgical Centres

By Region:

North America

US

Canada

Latin America

Brazil

Mexico

Argentina

Europe

Germany

Italy

France

U.K.

Spain

Russia

Poland

Rest of Europe

South Asia

India

Thailand

Malaysia

Indonesia

Rest of South Asia

East Asia

China

Japan

South Korea

Oceania

Australia

New Zealand

Middle East and Africa

GCC Countries

South Africa

Rest of MEA

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Critical Questions Answered in the Report

What are ongoing trends that will shape market growth curve for global Smart Orthopedic Implants market? What are the drivers and challenges affecting the Smart Orthopedic Implants market demand? What are the recent technological advancement in the Smart Orthopedic Implants market? What are key trends and opportunities that will prevail the revenue growth of Smart Orthopedic Implants market players? How will evolving regulatory policies impact the market growth? What is the impact of Covid-19 on the Smart Orthopedic Implants market?

Reasons to Buy the report

We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.

The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies

Detailed insights of market segments and sub-segments for historical as well as forecast period

A competitive analysis of prominent players and emerging players in the Smart Orthopedic Implants market

Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Microneedle Drug Delivery Systems Market Key Players – 3M Company, Becton, Dickinson and Company, Zosano Pharma Corporation, Raphas co. ltd., Nanopass Tech

Emerging applications of microneedle drug delivery systems are expected to fuel their demand over the next decade. According to a recent report published by Future Market Insights (FMI), the global microneedle drug delivery systems market will grow at a CAGR of 6.6% between 2020 and 2030. The market is witnessing surging demand in the field of pharmacy and cosmetics.

The rising incidence of diseases such as cancer, diabetes, migraine, and others and the need to accurately administer medications are driving the market. Additionally, the demand for minimally invasive and painless treatment methods is expected to bode well for the market.

The report uncovers hidden growth opportunities. It also highlights potential threats to the market players. Some of the key takeaways from the report are highlighted below.

Key Takeaways from the Report

  • Solid microneedles are expected to lead the market during forecast period of 2020-2030 among product type
  • Hospitals are the leading end users of microneedle drug delivery systems, with specialty clinics gaining popularity.
  • Specialty clinics are expected to grow at an accelerated rate as one of the key end users of microneedle drug delivery systems
  • North America is the largest market for microneedle drug delivery systems. Along with Europe, it is expected to cover more than 70% of the market by end of 2030.
  • East Asia is expected to be the fastest growing regional market during the next decade.

“Companies operating in the market are leaving no stone unturned to introduce innovations. Some have even tied up with leading solutions provider to commercialize their innovations once approved. This is expected to pave way for the market’s growth in the near future” said a lead Analyst at FMI.  

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Covid 19 Restricting Pace of Growth

The onset of pandemic has disturbed the entire business ecosystem. With productions coming to a halt and supply chains disrupted due to lack of transport, manufacturers of microneedle drug delivery systems are impacted in a big way.

Also, because of several restrictions by governments like social distancing, doctors and practitioners are choosing to avoid any surgical treatments which are not absolutely and immediately necessary.

Furthermore, cosmetic field which is another major user of microneedle drug delivery systems is also impacted as almost all treatments under their umbrella are considered to be not urgent.

The key market players in microneedle drug delivery systems market include the

3M Company, Becton, Dickinson and Company, Zosano Pharma Corporation, Raphas co. ltd., Nanopass Tech, Corium International, Inc., Valeritas, Inc., Nitto Denko Corporation, Microdermics, Inc., TheraJect Inc., Vaxxas Pty Ltd., Endoderma Ltd., QuadMedicine, SNvia Co., Ltd., Small Lab and AdminMed Nano BioSciences LLC

Consolidating their positions through mergers, acquisitions and new product launches, global microneedle drug delivery systems market players rely heavily on new product innovation and differentiation for gaining an edge over their competitors.

The market is poised to grow during the forecast period owing to the increasing cases of diseases and needle phobia among patients. However, changing regulatory dynamics are expected to affect the growth of microneedle drug delivery systems market in the future.

For instance, Zosano Pharma’s clinical trial of zolmitriptan with microneedle drug delivery system was stopped by U. S. Food and Drug Administration because inconsistencies were found in the drug delivery.

To Know More about Heat induction Cap liner Market:

Future Market Insights (FMI) brings the comprehensive research report on forecast revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global microneedle drug delivery systems market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on microneedle drug delivery systems market on the basis of product type such as solid microneedles, hollow microneedles and dissolving microneedles. Based on end-user such as hospitals, ambulatory centers, specialty clinics, academic institutes and research institutes across seven major regions

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Key Segments

Product Type

  • Solid Microneedles
    • Silicon
    • Metal
    • Polymer
  • Hollow Microneedles
  • Dissolving Microneedles

End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Academic Institutions
  • Research institutes

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Region

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

Therapeutic Nuclear Medicines Market Key Players – Bayer AG, Novartis AG, GE Healthcare, Curium Pharmaceuticals, Jubilant DraxImage

Increasing acceptance of therapeutic nuclear medicines (or radiopharmaceuticals) among industry experts will remain a prominent factor encouraging their adoption. Though associated with a negligible risk factor, radiopharmaceuticals are likely to witness growing recommendation owing to no proven significant adverse effects.

In the backdrop of the growing criticality of a more reliable, safer, and lesser harmful line of treatment for cancers, therapeutic nuclear medicines are being increasingly perceived as the potential treatment for cancer patients. Moreover, consistently surging instances of bone metastases further supports adoption growth, in the therapeutic nuclear medicines market.

Competitive Landscape

The competition section of the therapeutic nuclear medicines market report features the profiles of the key players of the therapeutic nuclear medicines market based on their product offerings, market shares, marketing approach and differential strategies.

Prominent Players:

  • Bayer AG
  • Novartis AG
  • GE Healthcare
  • Curium Pharmaceuticals
  • Jubilant DraxImage
  • Spectrum Pharmaceuticals
  • Progenics Pharmaceuticals, Inc.
  • ANSTO
  • Lantheus Medical Imaging, Inc.
  • Eckert & Ziegler
  • International Isotopes Inc.

Just-under 10% Annual Growth Projected for Radiopharmaceuticals Adoption

A recent market research intelligence by Future Market Insights focuses on the deep-dive evaluation of global therapeutic nuclear medicines landscape, emphasizing the analysis of the most influential factors responsible for surging acceptance of radiopharmaceuticals in treating a range of cancers and a few other chronic conditions.

The study projects robust progress for the global radiopharmaceuticals market in coming years, reportedly driven by remarkable adoption in the treatment of prostate cancer. In 2019, the global demand for therapeutic nuclear medicines is expected to grow at a 9.7% annual rate, and maximum adoption is estimated by cancer research institutes at a global level.

  • North America, jointly with Western Europe, represents more than 65% share of the total market value.
  • Outpacing developed regional markets, the radiopharmaceuticals market in China and emerging economies across Asia Pacific, Latin America, and Middle East & Africa are slated for higher year on year revenue growth of over 12% in 2019 and ahead.
  • China is reportedly the most lucrative market for penetration of therapeutic nuclear medicines, which is attributed to an expanding cancer patient pool in the country and a consistently surging rate of radiopharmaceuticals recommendation.

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Top Three Companies Account for More than 87% Market Value Share

A highly consolidated marketplace, global therapeutic nuclear medicines landscape is dominated by Bayer AG that currently accounts for just-under 80% revenue share in market. The top three players include GE Healthcare and Novartis AG other than Bayer, which collectively cover over 87% of the total valuation of radiopharmaceuticals market. While exceptional sales and success rate of Xofigo have been prominently retaining Bayer’s top position in the global market, strategic acquisitions are identified to be the key strategy behind Novartis’ success at a global level.

Thorough assessment of the competitive landscape of global therapeutic medicines market reveals a few prominent developmental strategies adopted by a majority of key companies operating in radiopharmaceuticals landscape –

  • Investments in R&D of targeted cancer therapeutics
  • Stronger supply chain and more streamlined distribution network
  • Improved flagship product sales
  • Strategic collaborations with pharma/biopharmaceutical companies
  • Contractual relationships with domestic/regional stakeholders
  • Strategic deals with internationally recognized cancer research institutes

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Over 20% Growth Forecast for Erbium-169

Radium-223 has been the highest recommended type of radionucleotide in radiopharmaceuticals market. While it currently accounts for a whopping 78% share in the global market revenue, it is more likely that Erbium-169 that has been witnessing higher traction in recent past would witness relatively higher revenue growth in coming years. The report forecasts over 20% year on year revenue growth for Erbium-169 in 2019.

Exceptional Growth Projections for Thyroid & Brain Cancer

While over half the global market value is accounted by the adoption of therapeutic nuclear medicines for treatment of prostate cancer, bone metastases also accounts for sizable revenue generation in the market. Brain tumor and thyroid cancer are likely to emerge highly lucrative targets for manufacturers of therapeutic nuclear medicines, according to the report.

Investments in R&D of targeted cancer therapeutics

Stronger supply chain and more streamlined distribution network

Improved flagship product sales

Strategic collaborations with pharma/biopharmaceutical companies

Contractual relationships with domestic/regional stakeholders

Strategic deals with internationally recognized cancer research institutes

Key Segment

Based on the treatment type

  • Radium-223
  • Iodine-131
  • Leutitium-177
  • Yttrium-90
  • Samarium-153
  • Strontium-89
  • Rhenium-188+ Rhenium-186
  • Erbium-169
  • Phosphorus-32
  • Others

Based on the indication

  • prostate cancer
  • painful bone metastases
  • thyroid cancer
  • neuroblastoma
  • synovitis
  • non-Hodgkins lymphoma
  • hepatic metastases
  • brain tumour
  • others

Based on the distribution channel

  • hospitals
  • ambulatory surgical centres
  • cancer research institutes

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Based on the region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia-Pacific Excluding Japan (APECJ)
  • China
  • Japan
  • Middle East & Africa (MEA)

Mobile Cases and Covers Market Key Players – Amzer, Inc., Belkin International, Inc., Case-Mate Inc., CG Mobile Case SAS, Incipio Technologies Inc.

The mobile cases and covers market is highly influenced by evolving lifestyle trends and increasing spending capacities of consumers. To ensure the long shelf life of smartphones, consumers are increasingly using protective cases and. Increasing demand for 360-degree surface protection for smartphones is offering significant profit earning opportunities for key players in the global mobile cases and covers market.  Millennials are more concerned about reducing plastic waste; hence, biodegradable mobile cases and covers are expected to witness high demand in the next decade.

The global mobile cases and covers market is expected to grow 1.7X its current market value by the end of 2029.

“Manufacturers in the mobile cases and covers market can leverage the remunerative growth potential offered by the adoption of eco-friendly material. Key players can boost their sales through online stores and e-Commerce.”

Key Takeaways of Mobile Cases and Covers Market Study

  • By product volume, the mobile covers segment is expected to hold higher market share over 2019-2029, attributed to the increasing demand for lightweight covers providing maximum protection from drops, bumps, and shocks.
  • The plastic material segment is expected to create substantial incremental revenue opportunity by the end of 2029, as this material has good barrier strength. The demand for leather is expected to gain significant traction among consumers during the forecast period, owing to increasing preference for leather covers for improved aesthetic looks.
  • By print type, the with print segment is anticipated to hold a major share in the mobile cases and covers market during the forecast period.
  • North America is expected to outpace the global mobile cases and covers market in the next decade, attributable to the presence of a large number of key players. China, India, and Japan are anticipated to offer lucrative opportunities, driven by increasing production of smartphones and cost-effective mobile cases and covers in these countries.

mobile cases and covers market share by region

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Mobile Cases and Covers Market: Competition Landscape

The global mobile cases and covers market is highly fragmented, with the presence of many local and unorganized players. Also, many new players are expected to enter the global mobile cases and covers market to leverage significant growth opportunities available. Some of the key players in the mobile cases and covers market are Amzer, Inc., Belkin International, Inc., Case-Mate Inc., CG Mobile Case SAS, Incipio Technologies Inc., Motiba Silicone Private Limited, Northbaze Group AB (KRUSELL), Otter Products, LLC, Pelican Products Inc., Samsung Electronics Co. Ltd, Sony Corporation, Rearth, Inc. (Ringke), and pOcpac U.K. These key players are focusing on product innovation, acquisitions, upgrading, and boosting sales through e-Commerce, with an aim to increase their global presence and customer base in the global mobile cases and covers market.

  • In 2019, Pelican entered the e-Commerce market and established an online store for easy customer reach. Besides this, the company introduced a new line for mobile phones cases.
  • In April 2018, pOcpac U.K. launched The Gran Turismo mobile pouch in the United Kingdom. This pouch is manufactured from premium durable leather, featuring a weather resistant zip, which ensures high barrier resistance.

About Mobile Cases and Covers Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global mobile cases and covers market, analyzing historical demand of 2014-2018 and forecast statistics for 2019-2029. The study offers growth projections on the mobile cases and covers market based on product (cases {wallets, pouches, and hard cases} and covers {flip covers and back covers}), material (plastic {polypropylene, polyethylene, PVC, polyurethane, and others}, leather, silicone, rubber, and biodegradable {fabric, wood, bioplastics, and paper & paperboard}), and print type (with print and without print), across seven key regions.

MOBILE CASES AND COVERS MARKET TAXONOMY

The global mobile cases and covers market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product

  • Cases
    • Wallets
    • Pouches
    • Hard Cases
  • Covers
    • Back Covers
    • Flip Covers

Material

  • Plastic
    • Polypropylene
    • Polyethylene
    • PVC
    • Polyurethane
    • Others
  • Leather
  • Silicone
  • Rubber
  • Biodegradable
    • Wood
    • Fabric
    • Bioplastic
    • Paper & Paperboard

Print Type

  • With Print
  • Without Print

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Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

What will be the impact of innovations in quad seal bags on rising markets?

Quad Seal Bag Market Overview

Quad seal bag is a multi-layer bag, having 3 layers the outermost layer is made of Polyethylene Terephthalate (PET), the intermediate layer made of Vacuum Metallized Polyethylene (VMPET) and the most inner layer made up of Low Density Polyethylene (LLDPE). All these layers offers hassle-free packaging to the consumers. Quad seal bags are blocked bottom type of packaging format, due to their high packaging efficiency providing consumer convenience and therefore, are mostly preferred for the commodities like tea & coffee.

Market popularity of quad seal bags is increasing as consumers are demanding flexible packaging solutions, added with sustainability results in rapid market acceptance of quad seal bags. Adding to benefits the unique design offered by quad seal pouches helps packaging manufacturers in saving raw materials up to 15%.

Modern retailers from Europe and North America with the advantages of the latest technologies are penetrating into China, India which are the largest consumer markets in the world. So as per the forecast for the coming decade, we can get a clear idea that quad seal bags are expected to gain significant traction.

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Which are the key growth drivers for the quad seal bags market?

In recent years consumer perceptions & preferences are driving the global packaging industry completely. Along with new innovation, fewer wastages and recyclability of almost all materials used for packaging are taken into consideration. People preferring flexible packaging over all other formats with products in tubes, pouches, and sachets will see an increase in sales due to the convenience it provides to the final consumer.

The retail landscape of almost the whole world is changing due to the rise in demand for quad seal pouches, as there are more food and household product offerings in quad seal bags increases, this factor made changes in lifestyle and consumption habits of the consumers. Room for customization and product visibility by using quad seal pouches for enhancement of consumer appeal, these are positively influencing growth of quad seal bags in the market.

Overall as a manufacturer, it protects the product from moisture diffusion, oxygen, and most importantly from harmful UV rays. Quad seal bags are also retailer-friendly, as self-standing bags are shelf-friendly to display and create a visual impact of the packaging along with the product.

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What factors are restraining the quad seal bags market?

A wide number of options available for the manufacturers in the category of bags and accessories available to choose from, it makes quad seal bags an option to choose out of number of solutions available, pouches as a packaging format is much diversified and has several flexible packaging options available in the market. The biggest barrier for the global quad seal bags market growth is the higher production costs incurred for production.

Which are the main regions affecting the quad seal bags market?

North America is the biggest player according to the region-wise production of quad seal bags, followed by Europe. Both these regions along with other growing regions such as Asia-Pacific, Latin America, and the Middle-East are projected to show a healthy market growth from all over the globe. Asia is a growing market in quad seal bags market and is forecasted to grow at a significant rate due to its developing countries.

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Middle East and Africa being the most emerging markets are showing positive demand towards the new packaging solution such as quad seal bags. New markets are also being targeted by big market players such as South Asia, East Asia, and Central-African regions.

How will the quad seal bags affect the overall FMCG industry?

The global market for quad seal bags is still in the initial stage for many developing economies, which may give an upcoming opportunity to FMCG companies of the developing economies for using a sustainable flexible form of packaging which is accepted by millions of consumers worldwide.

The FMCG companies can also use digital printing on space on three sides of quad seal bags provide to create unique visibility in the minds of the consumers. Moreover, companies can give the products a longer shelf-life than other packaging materials by the usage of quad seal bags.

By communicating the recyclable value of the quad seal bags companies can make an environmentally clean image and can clearly differentiate from the consumers. Worldwide consumer acceptance of quad seal bags can be an opportunity for companies to use quad seal bags for more applications than current ones.

Key market players of quad seal bags:-

  • Tyler Packaging Limited
  • Atlapac Corporation
  • Foster Packaging
  • Cas-Pak Products Ltd.
  • Swiss Pack Pvt Ltd.
  • Pacific-bag, Inc.
  • Diamond Flexible Packaging Co.
  • Pouch Direct
  • GMD Packaging
  • PBFY Flexible Packaging
  • Glenroy, Inc.
  • Innovia Films
  • Berry Global, Inc.
  • Sonoco Products Company
  • Bemis Company, Inc.
  • Mondi Group Plc
  • A&M Packaging
  • Amcor Limited
  • Maer Flexibles Europe
  • Snell Flexibles

What are the recent developments in the quad seal bags market?

Tyler packaging of UK came up with a new idea of visualizing the packaging in 3D and allows customers to upload their artwork, and the designing and printing work is done by the company. This trendsetting new standards for the whole packaging industry as well quad seal bags.

Glenroy Inc. received five flexible packaging awards from the Flexible Packaging Association, including two gold awards among five awards they received. Glenroy Inc. is a pioneer in quad seal bags manufacturing and customizing and is also considered as a market leader.

Amcor pledged to help brands by providing independent brand labeling by communicating packaging carbon footprints to customers, so that creates a sustainable brand image of the company among customers.

Mars Food along with Amcor announced the world’s first microwavable & recyclable rice pouch in December 2020. The move could be considered as a revolutionary step in the packaging industry that provides innovative packaging solutions to consumers as well as manufacturers.

Nestle along with Amcor is going to launch the world’s first recyclable retort pouch for pet-food, the product will improve the environmental footprint of consumer packaging up to 60%. Both companies achieved the technical breakthrough for the largest challenge of not being able to recycle the retort flexible packaging and proving the promise towards more sustainable packaging.

What will be the impact of innovations in quad seal bags on rising markets?

Due to path-breaking new innovations in the field of packaging, especially in the quad seal bags market with companies providing digitally printed customized pouches, also small brands can create a separate identity for their brands by providing a unique packaging using the safety and benefits of quad seal bags for the products.

Over the years, trend for more variants of quad seal bags have been trending in the markets such as complete seal bags, visible quad seal bags. The quad seal bags are recording positive growth in all the developing markets, also now larger untapped markets are being targeted by the global manufacturers as well as local players of the packaging industry.

Packaging companies can also use more sustainable solutions for developing new products in the category of quad seal bags, by using different variants of plastics that are totally bio-degradable.

How covid-19 impacted the quad seal bags market?

In the pandemic times due to outbreak of deadly viruses, packaging and safekeeping of products were the major requirement by all the consumers globally. The virus brought uncertainty and fear along with it, so people were focused on stocking large amounts of food and groceries at their homes, quad seal bags matched all the requirements of safety and long shelf-life by the consumers.

The demand for safely packed food and household items, along with medical equipment and pharmaceutical products was maximum in all the parts of the globe. Products packed in quad seal bags were in higher demand compared to other forms of packaging like pouches and tubes, as the consumers got complete safety by the attributes provided by packaging in quad seal bags.

The developed market recorded an exponential growth in demand for quad seal bags as packaging materials, companies already using quad seal bags recorded the highest profits of the decade compared to their competitors. Also pandemic provided manufacturers with new ideas of which new products can be packed in the quad seal bags market so that some more products also may gain market popularity and can pack it in more sustainable.

The manufacturers of the product can gain advantages by communicating environment-friendly attributes of the packaging in quad seal bags and can gain consumers, by making them choose green packaging over some other brands not offering such sustainable packaging of their products.

Segmentation of Quad Seal Bags:

Application:

  • Tea
  • Coffee
  • Chocolates
  • Fertilizers
  • Protein powder
  • Dry fruits
  • Frozen food
  • Pet food
  • Bakery items

Material Type:

Key Regions:

  • North America
  • Western Europe
  • Latin America
  • Middle East
  • Asia-Pacific
  • Eastern Europe
  • Japan

Stretch Mark Removal Products Market is expected to reach US$ 3 Billion by the end of 2030

According to Future Market Insights (FMI), the market for stretch mark removal products is expected to reach US$ 3 Bn by the end of 2030, rising at a CAGR of 9% between 2020 and 2030. Growing focus on anti-aging care will continue to be a key driver, but FMI analysts found that market is also benefitting from growing focus on weight loss.

From nourishing the skin to removing stretch marks, the demand for effective skincare products is higher than ever before. This, coupled with better access to skincare products at inexpensive prices, has been aiding the expansion of the stretch mark removal products market.

While cream remains one of the leading categories among products available in the market, consumers are gradually moving in favour of more unconventional products such as oils and serums. This paradigm shift is steered by greater focus on deriving benefits from organic and topical ingredients.

Key Takeaways

  • Market players are focusing on boosting their organic line of products
  • Sales through pharmacies are being complemented by the growing online channel
  • US maintains its position as the largest market, with North America accounting for a sizeable share

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The Shift Toward Online Channels

Companies in the stretch mark removal products market are shifting their focus from traditional retail stores to e-commerce platform to boost their sales and increase their customer base.

Ecommerce portals are visited by increasing number of consumers each day. The convenience of shopping, discounts offered, and door-step deliveries are a few benefits of shopping online compared to shopping from brick-and-mortar stores.

Furthermore, online stores present opportunity to compare products and their prices. These factors are tipping scales in flavour of maintaining an online presence. Since the market is highly competitive, an increasing number of players are likely to focus on improving their online visibility. This will augur well for the market in the long run.

Besides bolstering their online presence, leading brands are focusing on product launches to stay relevant. They have started including natural ingredients and essential oil to be more appealing to consumers,” said a lead analyst at FMI.

Who is winning?

Some of the key players operating in the stretch mark removal products market are Clarins Group, Merz GmbH and Co. KGaA, E.T Browne Drug Co., Union-Swiss Ltd (Bio-Oil), Basq Skincare, Weleda AG, Dermaclara Inc., Mama Mio US Inc., among others.

Some of these companies are focusing more on portfolio expansion. Besides this, they are looking at expanding their physical presence via retail stores. Leading players are even focusing on partnership with prominent retailers to cater to increasing demand.

Product launches will remain a key strategy adopted by market players to gain competitive advantage.

  • In April 2020, Clarins Group launched its new plant based product called ‘Body Partner’ which helps in reducing stretch marks and this new product is tested and recommended by pregnant women. Body Partner is formulated with insignificant plant-based ingredients, including Clarins’ new Phyto-Stretch-Complex a mix Organic Green Banana extracts and Centella Asiatica which uphold visible skin springiness and leave skin smooth and tranquil.

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More Insights on Stretch Mark Removal Products Market

Future Market Insights, in its new proposing, provides an unbiased analysis of the global stretch mark removal products market, presenting demand data (2015-2019) and forecast analysis for 2020-2030. The study divulges compelling insights on the stretch mark removal products market based on the product type (creams, oils & serums, lotions, gels, and others), end-user (adults, kids) sales channel (wholesalers & distributors, online retailers, hypermarkets/supermarkets, pharmacy stores, specialty stores, independent small stores, and other sales channel) across six major regions.

Stretch Mark Removal Products Market segmentation

Product

  • Creams
  • Oils & Serums
  • Lotions
  • Gels
  • Others

Nature

  • Organic
  • Conventional

End User

  • Adults
  • Kids

Sales Channel

  • Wholesalers & Distributors
  • Online Retailers
  • Hypermarkets and Supermarkets
  • Pharmacy Stores
  • Specialty Stores
  • Independent Small Stores
  • Other Sales Channel

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Regional Outlook

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of LATAM)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa)