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“Companies are recommended to focus on marketing strategies of mosquito repellent candles market. The low awareness among consumers about the effectiveness of mosquito repellent candles when compared with other conventional repellents is major barrier of the market growth. Consequently, effective advertising is essential for the rapid growth of mosquito repellent candles market.” says an FMI analyst.

Key Takeaways from the Mosquito Repellent Candles Market Study

• According to the report, key market players are likely to focus on the product penetration in tropical and sub-tropical regions. Manufacturers of insect repellent products are shifting their focus toward integrated marketing communications, leveraging the reach of the internet, radio, hoardings, newspapers, billboards, and television for creating awareness about these diseases, while promoting their products.
• SME’s have potential opportunities by developing innovative products according to regional ecosystem.
• The Middle East and Africa (MEA) is forecast to witness high growth rates due to growing outbreaks of endemic diseases. Strengthening sales channels in the Middle East and Africa (MEA) and Asia Pacific, is anticipated to create significant expansion opportunities for players in the mosquito repellent candles market.
• E-commerce sales channel is estimated to generate high revenue in the forecast years for the mosquito repellent candles market owing to increasing internet usage among consumers.

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Global Warming to Create Huge Opportunities: According to a study from the University of Washington, global warming is estimated to increase both the number of pests and their appetite. The rising temperature due to global warming could lengthen the seasons and increase the geographic range of disease-carrying insects. In consequence, global warming boosts the pests’ activities. On the other hand, people have high pest intolerance level. These factors are estimated to fuel the growth of mosquito repellent candles market. Companies of mosquito repellent candles are anticipated to promote their product offering as a preventive measure to prevent increasing spread of diseases years.

Who is winning?

Some of the key players operating in the Mosquito Repellent Candles market are Gies-Kerzen GmbH, Yankee Candle Company, Diversam Comaral, Biosensory Inc., Mosquito Naturals, Bite Lite LLC, Murphy’s Naturals, Inc., Spectrum Brands, Inc., Chagrin Valley Soap & Salve Co., Coghlan’s Ltd., Just Makes Scents Candles and Gifts, UCO Gear and others.

Several leading market players are engaged in partnership with other companies to increase their product offering across the world. Moreover, companies are actively participating in the international and regional trade events to promote their products.

• In 2019 Murphy’s Naturals Partnered with CompanyFirst and One Better Ventures which helped company to boost its sales through increase in the product offering.
• In September 2017, Quantum Inc. participated in the Natural Products Expo in Baltimore, U.S. Similarly, in August 2017, the company participated in the Canadian Health Food Association’s (CHFA) exhibition to showcase its range of DEET-free insect repellents and other health care products. All these factors are consolidating the company’s position in mosquitoes repellent candles market in North America.

Get Valuable Insights into Mosquito Repellent Candles Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global mosquito repellent candles market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2027. The study divulges compelling insights on the mosquito repellent candles market based on nature (natural and synthetic), end user (residential and commercial) , sales channel (direct sales, e-commerce, supermarket/hypermarket, drug stores, convenience stores, department stores, and other sales channels)across seven major regions.

In the recent past, the furfuryl alcohol market has witnessed significant developments from the competition perspective. Production capacity expansion and commencement of production are some of the preferred strategies opted by prominent players to sustain and enter in the global furfuryl alcohol market.

Based on the application, the foundry resin segment is expected to remain dominant in terms of the global furfuryl alcohol market volume share and account for approximately an 88.6% share by the end of 2028.

Based on source type, corn cob raw material is expected to remain behemoth in the global market and account for more than 86% of the revenue by 2028-end. Corn cob is one the most consumed raw materials in the production of furfural and then, furfuryl alcohol. On the other hand, the production of furfuryl alcohol from sugarcane bagasse is expected to grow at a CAGR of 6.4%. In terms of growth, bagasse will remain one of the most attractive segments. Importantly, sugarcane bagasse has a yield just next to that of corn cob.

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In 2021, China was the most attractive region in the global furfuryl alcohol market and accounted for more than 61.3% of the global market share. Further, being at the forefront in terms of furfuryl alcohol production and consumption, China is pegged to control the global furfuryl alcohol market in the future as well.

The increasing demand for furfuryl alcohol has influenced prominent manufacturers to expand their production facilities. In India, various manufacturers are poised to start the production of furfuryl alcohol on account of the anticipated demand rise in the coming years.

Hongye Holding Group Corp., Ltd., Zibo Huaao Chemical Co., Ltd., International Furan Chemicals B.V., China XLX Fertilizer Ltd., Aurus Speciality Company Limited, Xingtai Chunlei Furfuryl Alcohol Co., Ltd., Silvateam, Shijiazhuang Worldwide Furfural and Furfuryl Alcohol Furan Resin Co. Ltd., KRBL Ltd. and Illovo Sugar (PTY) Ltd. are some of the key players involved in the global furfuryl alcohol market.

Bone Screw System Market: Segmental Insights

Lower extremity segment leads the market for bone screw system owing to increasing number of cases registered due to prolonged effects of osteoporosis among the mass population. In contrast, there are limited number of companies conducting research activities for introducing novel products in the market. In terms of revenues, the lower extremity segment is expected to account for the largest revenue share of 39.2% in 2022 and is expected to witness significant growth during the forecast period. This growth in the lower extremity segment is expected to be primarily driven by rising awareness among the geriatric population and increasing number of orthopaedic cases undergoing surgical interventions.

Stainless steel is likely to be the preferred choice of material used in common practice due to its ready availability and cost efficiency as compared to titanium based screws and bioabsorbable material. Titanium holds a major share in the global market currently due to widespread usage. The bioabsorbable material segment has limited adoption in the market due to premium pricing over other bone screw products.

Among end users, hospitals are expected to hold the maximum share in the overall bone screw system market due to the large number of surgical procedures performed in hospitals using bone screws as compared to other end users such as ambulatory surgical centres and clinics. The hospitals end user segment is estimated to hold a market share of 65.6% in 2022.

Bone Screw System Market: Trends

Computer assisted technology is a revolutionary concept used in orthopaedic treatment procedures. Companies are focussing on collaboration with all end users to develop new effective products with better user interfaces. They are involving breakthrough options in this market to initiate a sense of revolution in using more advanced alternatives. In 2016, Surgebright in cooperation with the German Institute for Tissue and Cell Replacement (DIZG) in Berlin developed latest technology that uses real bone material to form a screw. 3D printing is another innovative technology that could be used in developing bone screws in the near future.

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Bone Screw System Market: Regional Insights

The report tracks the global bone screw system market across the key geographies of North America, Europe, Latin America, Asia Pacific Excluding China, China and Middle East & Africa. This report assesses the trends driving each regional market and offers analysis and insights about the bone screw system market across specific countries in the assessed regions. North America accounts for a major share in the global bone screw system market and is expected to grow at a CAGR of 7.1% during the period of assessment. North America is projected to be the most lucrative market in the global bone screw system market with an attractiveness index of 2.3 during the forecast period due to the presence of leading manufacturers and implementation of healthcare reforms in the region.

Bone Screw System Market: Competition Tracking

The key players operating in the bone screw system market include companies such as Stryker Corporation, Zimmer Biomet Holdings Inc, CONMED Corporation, Arthrex, Orthofix, SMITH & NEPHEW, Johnson & Johnson (DePuy Synthes), Integra LifeSciences, Wright Medical Group N.V, SURGIVAL INTERNATIONAL, Spineology Inc, GPC Medical ltd., Osteogenics Biomedical,  Altimed, JEIL MEDICAL CORPORATION, Fine Science Tools, MEIRA Inc. and Medtronic.

Furthermore, opportunities also abound across the chemical industry, with prolific advancements in manufacturing and packaging technologies pushed by increasing concerns regarding safe and secure transportation of hazardous material. Until 2019, the chemical industry reached US$ 69.3 Mn, with UK emerging at the forefront. Hence, manufacturers are increasing their presence across Western European countries, especially, UK, Germany, and France.

In addition, the automotive market is welcoming prominent transport cases and boxes manufacturers with open arms, with tremendous potential exhibited by the electric vehicles (EV) segment. Future Market Insights projects the automotive transport cases demand to aggrandize at nearly 4% until 2021, being valued at nearly US$ 150 Mn. With electric car sales surpassing the 2 million mark in 2019, prospects appear extremely bright in the next five years. Hence, demand for robust packaging solutions for electric vehicle equipment is witnessing a credible rise, prompting the entry of key transport cases and boxes players.

Key Takeaways

• By carrying capacity, demand for below 20 kg to remain dominant, registering 5.7 million unit sales by 2021-end
• High durability and resistance to wear and tear to increase adoption of polyamide transport cases and boxes
• 3-5 kg transport boxes to account for nearly 40% revenue in 2021 by case weight
• Extensive uptake anticipated across the military segment, followed by the chemical industry
• Demand for waterproof cases and boxes to proliferate, capturing nearly 75% of the revenue share
• Global transport cases and boxes market to expand at a value CAGR of 3% through 2030

“Heightening demand for container size standardization combined with concerns regarding environmental sustainability is prompting manufacturers to leverage eco-friendly solutions to enhance their product portfolios,” remarks the FMI analyst.

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Competitive Landscape

The transport cases and boxes landscape is highly competitive, attributed to the presence of a multitude of regional and global level manufacturers. Key players profiled in the transport cases and boxes report include Pelican Products, Inc., PARAT Beteiligungs GmbH, SKB Corporation, Inc., GT Line Srl, bwh Spezialkoffer GmbH, Plastica Panaro S.r.l., Thermodyne International Ltd., C.H. Ellis Company, Inc., Plasticase Inc., Gator Cases Inc., GMOHLING Transportgeräte GmbH, Cases By Source, Inc., Procases Inc., and Shell-Case Design Ltd. among others.

In August 2020, bwh Spezialkoffer introduced the ALUshape presentation cases for prominent aluminum roofing manufacturers. Likewise, in September 2020, the company unveiled its SAFEDI event box, which is individually manufactured case suitable for transporting mobile charging and power supply equipment.

In November 2020, Pelican BioThermal doled out a series of deep freezer containers of temperatures ranging between -80 degrees to -20 degrees Celsius for pharmaceutical companies to disburse COVID-19 vaccines once they receive approval from the respective countries’ regulatory authorities.

More Insights on FMI’s Transport Cases and Boxes Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global transport cases and boxes, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the transport cases and boxes on the basis of material type (plastic, metal, leather & others), carrying capacity (less than 20 kg, 20-50kg, 50-100 kg, 100-150 kg & 150 kg & above), end-use (military equipment, photography & music equipment, medical and fire safety equipment, measuring & communication equipment, electronics & semiconductor components, automotive & mechanical parts, chemicals, biotechnology and others), case weight (< 3 kg, 3-5 kg, 5-10 kg, 10-15 kg and > 15 kg) and waterproof feature (waterproof & non-waterproof) across seven major regions.