Beverage Coaster Market Revenue Growth Predicted by 2030

A beverage coaster is a small mat which is used for resting beverages upon it. Beverages coaster protects the surface, such as table from getting heated or dirty from the beverage kept in a glass, cup, bowl etc. Nowadays there has been a good demand for beverage coaster due to increase in the preferences of coffee shops, pubs, lounges, etc. by consumers where the most common food items sold are beverages. The beverage coasters are made of paper or foam which soaks the excess water of beverage cups, beer mugs, etc. and protect the surface of table. Even the beverage coaster are used for providing advertisement and trademarks of several brands. Beverage coasters are usually made of paperboard, tissue paper, foam, etc. which are expected to witness extensive growth during the forecast period 2017-2025.

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Global Beverage Coaster – Market Dynamics:

In recent years, beverage coaster market have seen a noticeable growth due to the usage in hospitality industry. Nowadays the trend for glass beverage coasters printed with different pictures of brands, sport franchise and advertise are getting traction. In addition, the increase in consumption of beverages due to improved lifestyle of consumers are driving the growth for the usage of beverage coaster across the globe. Furthermore, the trend for beverage coaster as a decorative item is also increasing the preference for beverage coaster. Moreover, the beverage coaster market is getting restricted due to intense competition from local manufacturers across the globe.

Global Beverage Coater Market – Regional Overview:

The global beverage coaster market can be divided into seven major regions which are as follows –

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

The beverage coaster market in North America region is expected to remain supreme for the highest revenue growth as compared to markets of other regions. Beverage coaster market in India and China is expected to have considerable growth in terms of revenue. Furthermore, the growth of beverage coaster market in other parts of Asia Pacific is expected to be driven by increasing per capita disposable income and spending power among consumers in this region. The market for Latin America would also have a presence for beverage coaster and is expected to grow at a notable rate. The beverage coaster market in the MEA region is expected to witness a significant increase in revenue contribution from sales in GCC countries and South Africa.

Global Beverage Coaster Market – Key players:

Few of the key players in the beverage coaster market are The Katz Group Americas, Inc., Cangnan Worldwide Gifts Co., Ltd., Coaster Factory, Yangjiang Zhixiang Industry & Trade Co., Ltd., Guangzhou Artgift Trading Ltd., Shenzhen Longgang Jinweixin Silicone Product Factory, etc.

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

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Global Beverage coaster – Market Segmentation:

The global beverage coaster market can be segmented by the material type, by printing technology, and by end user base.

On the basis of material type, the global beverage coater market is segmented into –

Paper Paperboard Tissue Paper Foam Glass Others

On the basis of printing technology, the global beverage coater market is segmented into –

Digital printing Offset printing Flexography printing Gravure printing Screen printing Others (Letterpress, etc.)

On the basis of end use, the global beverage coaster market is segmented into –

Food Service Outlets Pubs & Lounges Restaurants Hotels Fast Food Joints Offices Household Others

Report Highlights:

Detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance

 

 

About us :

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

Contact :

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

Yoga and Pilates Mats Market 2022 Outlook, Current and Future Industry Landscape Analysis 2030

Yoga and Pilates Mats Market OverviewFitness and exercise is an evolving market, and new trends within the segment are constantly emerging. Yoga has gained immense popularity across the globe and continues to do so.

Since yoga has a vast scope, its effects are not limited to just the physical body but on other subtler dimensions of the personality like, mind, emotions, and intellect as well. Since yoga is becoming a daily routine the number of yoga clubs is also increasing and the trend is also reflecting in the surge in yoga mats market.

Similar to yoga, pilates is whole-body fitness, and is adaptable to many fitness levels and also increases body/mind connection.

Both pilates and yoga use exercise mats, but the types of mats used in each are different. Pilates and yoga mat as both the mats have different thickness, density and are designed as per the nature of the specific exercises.

Many moves done on the pilates mat require the spine to move through articulations that puts pressure on your back, which is why pilates mats are traditionally thicker than yoga mats. Yoga mats from Gaiam are rated high on overall basis, while for heavy duty yoga Manduka mats, and for best budget BalanceFrom are the popular choices.

Global Yoga & Pilates Mats Market: Market Dynamics

Drivers for Yoga & Pilates Mats MarketWhile the majority of yoga practitioners are women (70%), the number of American men doing yoga has more than doubled in 2016. In today’s hectic lifestyle, yoga can help improve cardiovascular fitness, flexibility, balance, and overall quality of life; also it can even reduce stress, anxiety, and pain.

In addition, people practicing  are 20% more likely to have a positive image of their own physical and mental health, also including a stronger sense of mental clarity, physical fitness, flexibility, and strength. The adoption of yoga and pilates as a routine has directly led to a rise in the market for both yoga and pilates mat market.

The recession has created a new segment of cash-strapped individuals, looking for inexpensive new ways to exercise. Purchases of yoga instructions, mats and supplies continue to increase in a health and money conscious market place.

During this economic downturn, green businesses are still surviving. The recent Covid-19 pandemic has led to a complete lockdown and house arrest, questioning the fitness regime for the people. In a quest to maintain their health and appearance, people have turned towards yoga at home.

Trends for Yoga & Pilates Mats MarketInnovation is the prime trend running across the yoga & pilates mats market. Fitness mats have been introduced in the market which is based on the patented technology of Sensing Tex to measure pressure patterns. It also allows the user to measure pressure from different points of view such as movement analysis or postural detection.

Fitness Mat is compatible with any smart device, whether mobile or tablet and makes it easy to visualize the exercise in real time on the device.

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Opportunities for Yoga & Pilates Mats MarketCovid-19 has resulted in a variety of changes in the lifestyle of people. Post-lockdown, considering the health benefits of yoga and the already developed habit of regular exercise at-home, it is most likely that people might continue this regime.

The green movement is also on the rise with people becoming more conscious about the effect on environment owing to their decisions. Consumers are spending more time researching products online before making purchases as well as actually purchasing products online rather than going to a brick and mortar stores.

Following the trend of “Go Green”, Go Green Yoga Mats sells eco-friendly yoga products in the continental United States. The best eco-friendly option, Ewedoos eco-friendly pilates mat is made with TPE material (thermoplastic elastomers) which is better for the environment than plastic or PVC mats.

Challenges for Yoga & Pilates Mats Market

A major challenge for yoga & pilates mats market is the failure of yoga studios. The difficulty in retaining existing members and inability to attract good yoga teachers are a major concern with regards to the abrupt closing of yoga studios.

A common scenario is that gradually people lose out the passion or take yoga as just a hobby, thus slightly impacting the yoga mats market. Pilates with equipment other than mats are equally gaining popularity and are a major competition to the pilates mats. For instance, the pilates rings help to build nicely defined muscles without difficulty. It allows you to do a variety of injury-free movements.

Global Yoga & Pilates Market: Key Players

Some of the key players operating in the global yoga & pilates mats market are

  • Manduka
  • Jade Yoga
  • Hugger Mugger Para Rubber
  • Gaiam
  • Stott and PrAna Revolutionary

The market encompasses various local as well as multi-national companies with a foothold across countries.

The market is thus, a fragmented one with various stakeholders marking the industry. Many of the larger organizations have both an online and mortar and brick store such as Lululemon Athletica and Prana. This gives consumers a chance to see the products in person. Other smaller organizations, such as Gaiam, have only online stores.

Product innovation is the major strategy adopted by the companies. Be it eco-yoga mats or smart and interactive mats or even high-end dimensionally pilates mats, companies are focusing on these lines since, that is the future of yoga & pilates mats market.

Go Green Yoga Mats distributes Manduka and Jade Yoga products. Manduka and JadeYoga handle the inventory and shipping of the products through a drop-shipping program. Orders are sent to Manduka or Jade Yoga via e-mail where the orders are placed and shipped to the customer’s location accordingly. Go Green Yoga Mats pricing is equal to Manduka and JadeYoga and cheaper than most competitors.

Yoga & Pilates Market: Regional OutlookWith the millennial focusing on personal fitness and an increased consumer spending on it, Asia-Pacific promises a bright future in the yoga & pilates mats market. Also, the western influence over the developing regions, especially the young generation, has resulted in pilates becoming a common word and is being adopted as a daily routine.

As yoga continues to become more popular in the U.S., the yoga & pilates mats market is dominated by North America.

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
Global Yoga & Pilates Mats Market: Market Segmentation
application:

  • Yoga mats
  • Pilates mats
sales channel :

  • Fitness & Sports Stores
  • Online Retailers
  • Department stores
  • Supermarkets/ Hypermarkets
  • Other Sales Channels

Psychobiotic Supplements Market Overview Analysis Size Growing Rapidly with Recent Trends, Types, Application, Development, Revenue, Demand and Forecast to 2022-2030

Psychobiotic Supplements: Market Outlook

Psychobiotics are a community of probiotics that impact the behaviours and related functions of the central nervous system mediated by the gut brain-axis through immune, neural, humoral and metabolic pathways to improve not only gastrointestinal function, but also anxiolytic capacity and antidepressant.  The rising awareness of health and wellness is driving the psychobiotic supplements market.

The global psychobiotic supplements market is diverse and highly competitive. Companies are increasingly spending on R&D activities to produce new and unique psychobiotic supplements products. New applications for psychobiotic are being developed by companies to obtain competitive advantage.

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Psychobiotics that regulate proteins and neurotransmitters, including serotonin, gamma-aminobutyric acid, brain-derived neurotrophic factor (BDNF) and glutamate, which play important roles in regulating neural excitatory-inhibiting balance, cognitive function, mood, memory processes and learning. This beneficial properties of psychobiotic plays an important role for triggering the demand for global psychobiotic supplement market.

Growing Consumer Awareness about Gut Health Driving the Demand for Psychobiotic Supplements Market across the Globe.

The ability of psychobiotics supplements to benefit the body’s overall functions, such as consumer digestion, is expected to drive growth. In addition, the ability of supplements to meet specific customer needs, such as immunity and gastrointestinal functions, and recent developments in product development are expected to help increase demand.

In 2019, Kerry group 2,100 health conscious people in U.S. as a part of global survey, they found 62% respondents were aware about probiotics & 32% respondents used probiotics in the last six months. Among U.S. citizens who are aware of probiotics, 79 % of respondents said that promoting good digestive health is the most essential health benefit they pursue in a product. The health-conscious people in U.S driving the growth of global psychobiotic supplements market.

Manufacturers are focusing on innovation in psychobiotic supplements products with new forms, special diet needs, and packaging. Manufacturers are launching vegan and gluten-free psychobiotic supplements due to which the demand for psychobiotic supplements is rising from health-conscious and vegan consumers.

Psychobiotic Supplements Market: Regional Analysis

North America holds the maximum share of psychobiotic supplements market as number of health-conscious consumers is increasing rapidly. The awareness of healthy lifestyle and nutritious food is rising in Asia Pacific, it is expected to witness highest growth during the forecast period.

Nutritional supplements targeted as psychobiotics supplements in the United States are projected to remain dominant over the forecast period. The growing preference towards preventive healthcare care, a wide range of products and a high level of awareness of its use are anticipated to support the sales of psychobiotics supplements market.

Asia Pacific is set to grow at the fastest rate market and is projected to see a strong growth rate during the forecast period. Increasing populations, combined with an increase in living standards and an increase in disposable income, are expected to gain regional demand for psychobiotics supplements. Strong demand from countries like India and China is likely to boost regional demand for psychobiotic supplements market.

Psychobiotic Supplements Market: Key Players

  • Lifted Naturals
  • Lallemand Health Solutions Inc.
  • Uplift Food Pty Ltd.
  • DuPont
  • BioGaia
  • Nature’s Bounty Co.
  • Life Extension
  • Kerry Group
  • Bened Biomedical Co., Ltd.
  • NEURAXPHARM

Developments:

  • Neuraxpharm Group, a leading European specialty pharmaceutical company collaborated with Bened Biomedical to expands portfolio of Consumer Healthcare products

The research report presents a comprehensive assessment of the psychobiotic supplements 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 nature, source, form, and end use

The report covers exhaustive analysis on:

  • Psychobiotic supplements market Segment
  • Psychobiotic supplements market Dynamics
  • Psychobiotic supplements market Size
  • Psychobiotic Supplements Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Psychobiotic supplements market
  • Competition Landscape and Emerging Market Participants in Psychobiotic supplements market
  • Technology related to Production/Processing of Psychobiotic Supplements
  • Value Chain Analysis of the Psychobiotic supplements 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.

Psychobiotic Supplements Market Segmentation:

On the basis of application, psychobiotic supplements can be segmented as:

  • Food Supplements
  • Nutritional Supplements
  • Specialty nutrients
  • Infant Formula
  • Dietary Supplements

On the basis of form, psychobiotic supplements can be segmented as:

  • Powder
  • Liquid
  • Capsules
  • Tablets

On the basis of distribution channel, psychobiotic supplements can be segmented as:

  • Store Based Retail
  • Supermarkets/ Hypermarkets
  • Specialty Stores
  • Pharmacies & Drugstore
  • Others
  • Online Retail

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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

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.

Contact Us:                                                      

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

 

 

 

High Barrier Film Packaging Market to Witness a Healthy Growth by 2030

Hectic routine and the resulting convenience products requirement, along with the microwave cooking popularity has contributed to rising use of microwave-able retort ready meals packed in stand-up pouches and trays.

Flexible packaging solutions including, retort pouches, reseal able zippers, and spouts are replacing rigid pack designs, such as glass jars and metal tins. Customers’ growing requirement for product safety and convenience are encouraging increment in high-barrier packaging films demand. The global market will expand at a steady CAGR by the end of the forecast period.

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High Barrier Film Packaging Market – Key Developments and Trends

Manufacturers are developing high barrier packaging films, especially for shelf-ready products, that offer ease of peel. For instance, Schur Flexibles Holding provides advanced high barrier packaging films for case-ready and processed products.

EVOH-derived shrink films are majorly preferred material, as they offer excellent protection from UV rays and extreme temperatures.

Manufactures all over the world are shifting to innovative packaging methods such as Modified Atmospheric Packaging (MAP), Aseptic Packaging, and Vacuum Skin Packaging, owing to greater benefits compared to traditional packaging methods.

Moreover, they are creating their proprietary packaging solutions such as Besela barrier film technologies that incorporate modified Poly Acrylic Acid(PAA) coating on PET base films.

Customer’s requirement for food with high quality and a longer shelf life has prompted the growth of progressively advanced multilayer film structures.

Reprocessing multi-material structures is an existing problem, as these are hard to isolate with the equipment installed in present-day materials recovery facilities (MRF). Conversely, new solutions are getting commercially accessible for reprocessing multilayer films.

High Barrier Film Packaging Market – Growth Restraints

While these packaging films have high application scope in pharmaceutical packaging and food & beverage packaging, the plastic waste generated worldwide has compelled governments in several nations to ban usage of plastic films.

Globally, about 348 million tons of plastic is produced, of which, merely 10% is goes to recycling plants. Moreover, recycling of high barrier film packaging is cost-intensive and complicated, thus, narrowing the profit margins of manufacturers.

COVID-19 Impact Analysis

The COVID-19 pandemic has raised concerns regarding hygiene and safety of food products and drugs. Although for the short term, the sustainability aspect of various packaging companies is receiving a lower priority.

The pandemic is bringing back the single-use plastic packaging to the forefront due to their better hygiene measure, however, outweighing concerns about recyclability and plastic-waste leakage into the oceans and lands.

As such, players in high barrier film packaging are rethinking sustainability along with hygiene and consumers’ safety concerns. Choice of materials and packaging designs are expected to have a measurable impact on the high barrier film packaging market amid the pandemic.

High Barrier Film Packaging Market – Region-wise Analysis

Europe and North America would remain at the driver’s seat in the high barrier film packaging market, based on manufacturing capacity and demand. Evolving trends such as on-the-go flexibility and at-home usage are fueling the demand for packaged foods and beverages in both the regions.

Presence of well-established digital ecosystem continues to attract stakeholders. Furthermore, the flexible packaging industries in North America and Europe are outpacing the rigid packaging market, given rising concerns regarding ecological burden.

Moving ahead, the high barrier film packaging market in Asia Pacific (APAC) is expected to witness rapid, owing to surging consumption of ready-to-eat (RTE) food products.

High Barrier Film Packaging Market: Competitive Analysis

Market players are aggressively focusing on enhancing their global footprint by mergers & acquisitions (M&A), and enhancing product portfolios.

In order to boost its ability to develop eco-friendly, clean, safe liners, Mondi PLC has set up its new unit in Styria to develop high-barrier, side-folded tubes for FIBCs. This further enables the company to make these films in several structures, from PE/EVOH to seven-layered PE/PA/EVOH, and PE to PE/PA structures. Amcor has developed AmLite Ultra Recyclable prepared from more sustainable high-barrier polyolefin film. The new films package a variety of food, pharmaceutical, and home, and personal care products, and are able to be reprocessed in existing polyolefin recycling streams. Huhtamaki has begun its flexible packaging production in Egypt. The investment marks its entrance into the production of flexible packaging in Africa. Additionally, the manufactured products will be exported to Europe and other African nations.

Major companies in the global market are

Bemis Company, Inc. Amcor Limited (Australia) American Pouch Ampac Oliver-Tolas Sealed Air Krehalon Flair Flexible HPM Global, Inc. Constantia Flexibles Winpak Limited Janco Inc. MULTIVAC Wipak Group Dupont BERNHARDT Packaging

Other prominent companies include 3D Packaging, Sonoco, Prairie State Group, Perlen Packaging, Shako Flexipack, and ClearBags,.

Region 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) Report Highlights

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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High Barrier Film Packaging Market – Segment Analysis

The global market is segment on the following basis:

By Technology

Polymer Nano Composites ORMOCER Multi-layer film Besela barrier film Sustainable barrier coatings Melamine-based barrier coatings Others

By Material

Biaxial oriented polypropylene Cast polypropylene Biaxial oriented polyethylene terephthalate Biaxial oriented polyamide Transparent high barrier films Low-density polyethylene Linear low-density polyethylene Polyvinyl chloride Metalized films Ethylene vinyl alcohol Polyvinyidene chloride Polyacrylonitrile Cyclic olefin copolymer Polyvinyl alcohol Inorganic Silicon oxide, and aluminium oxide Nylon (cast and biax) and vinyl

By Product Type

Pouches & bags Tray lidding film Wrapping film Stand-up pouches Forming webs Blister packs

By Application

Food & beverage Pharmaceutical & medical Personal care & cosmetics Other applications

 

About us :

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

Contact :

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

Gift Packaging Market Demand, Scope and Future Estimation until 2030

Gifting is regarded as a way of expressing appreciation or gratitude. The culture of gift exchange has been evolving over the decades.

While exchanging gifts has been confined to holiday or festival season, individuals are exchanging gifts on several occasions such as farewell parties, graduation parties, house-warming parties, and anniversaries.  Further, several companies recognize employees’ performance and offer incentives in the form of gifts.

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Preference of gift packaging changes according to the regional preference, which is pushing manufacturers to enhance their product line by launching new products and innovative techniques.

Recent data reveal that the worldwide market value of gift wrapping products is anticipated to value around US$ 25 Bn in the coming years. As per FMI, the global gift market will grow at a healthy CAGR during the forecast period 2020-2030.

Gift Packaging Market – Key Drivers

With the rising trend for “keeping it simple”, vibrant and aesthetically loud gift packaging designs appear to be brushed aside by basic and clean designs. Minimalistic designs aid brands to innovate based on presentation styles, enhancing the aesthetics of their offerings in the store shelves.

Major brands such as Etsy, and Zazzle provide an extensive scope of minimalistic designs with a creativity tinge, to take advantage of the growing minimal aesthetic trend.

Startups competing to mark their presence in the market are rapidly inclining toward the age-old successful franchise business concept as it provides enhanced durability and sustainable revenue benefits for both the franchisee and the franchisor.

Major brands including, DS Smith plc and Karl Knauer KG, are progressively leveraging the rising trend for customized prints in order to facilitate consumers with better design flexibility, and convenience. Moreover, the e-commerce giants such as Amazon and Snapdeal are playing an instrumental role in fuelling the gift packaging demand.

Gift Packaging Market – Growth Restraints

As the gift packaging market is characterized by the large-scale existence of local players, international players are confronting challenges in expanding their regional footprint in emerging countries. Moreover, the local companies provide gift packaging designs as per regional preferences at economic price points.

This is further raising bars for the industry goliaths. Moreover, the flourishing Do It Yourself (DIY) trend is hampering the demand for gift packaging solutions.

COVID-19 Impact Analysis

The COVID-19 pandemic has put a lot of pressure on packaging companies. With consumers strictly following stay-at-home orders amid the crisis, the gift packing market is experiencing a supply-demand gap. This has created a challenge as well as opportunity for manufacturers.

Availability of few gift packaging materials due to supply chain disruption is compelling market players to rethink their business strategies to transform their brand identities. Moreover, skyrocketing sales of products via online channels are expected to keep the gift packaging afloat as consumers are increasingly avoiding in-store purchasing.

Gift Packaging Market – Region-wise Analysis

Asia Pacific (APAC) is anticipated to witness a higher growth for the gift packaging market, owing to rising gifting culture during special occasions and in several organizations. Developing regions such as China and India are representing the regional market.

Going forward, APAC spearheads the global e-commerce industry at present, representing around 64% of worldwide e-commerce spending. The region houses majority of the rapidly growing e-commerce countries, with India and Philippines leading the pack with over 30% growth, and China, Malaysia, and Indonesia following closely.  This notable shift towards online purchasing is auguring well for gift packaging market in APAC.

Gift Packaging Market – Competitive Landscape

The global gift packaging market is highly competitive, with top five players accounting for nearly 10% of market revenue. Market players are entering into strategic acquisitions of small or regional players to fortify their presence across the regional markets.

For instance, Hallmark Cards  is capitalizing on potential growth prospects by expanding its product portfolio across developing regions such as China, and India.

Hallmark Cards has implemented a strategy – ‘Grow with Hallmark’ – that allows customers to open their gifts and greeting cards in the stores per se. Similar strategies were Packlyn Ltd

Smurfit Kappa Group Shenzhen Fuxiang Gifts & Packaging Co. Ltd. Ebro Color GmbH Interpak. Region 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) Report Highlights

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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Gift Packaging Market: Segment Analysis

The global market is categorized on the following basis

By Packaging Type

Primary Packaging Secondary Packaging Tertiary Packaging

By Product Type

Gift boxes Containers Ribbons & Bows Gift Sacks Gift bags Wrapping paper Tissue Paper & Shreds Cellophane overwrap & bags Gift card & Money holders Others

By Materials

Plastics Paper & Paperboard Metals Glass Others

About us :

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

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Reconditioned Steel Drums Market Competitor Analysis, Winning Strategies and Growth Drivers 2028

Mounting environmental concerns over recycling / safe disposal of packaging containers have headed to the emergence of new regulations / policies, thus mandating companies to recover their packaging products. However, re-use of this containers especially steel drums with the previous residues may lead to cross-contamination. This has led key bulk industrial packaging manufacturers to provide reconditioning services. Reconditioned steel drums under-go process such as rebottling, washing, furnace oxidation, dried, reinforced, and finally purified of all residues from its last use. The reuse of steel drums is witnessed to be far more environmentally beneficial than turning this drums into scrap. 

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Global Reconditioned Steel Drums Market: Dynamics

As per the Reusable Industrial Packaging Association (RIPA), a U.S.-based trade association which includes businesses such as manufacture, recondition and/or distribution of industrial containers, there was a steep decline of approximately 45% in scrapping of steel drums in United States in the year 2013. Thus, the declined rate of steel drum scrapping owing to growing inclination towards reconditioned packaging services have resulted in lower packaging scrap / disposal.

Global Reconditioned Steel Drums Market: Company Developments and Industry Level Trends

Key market participants all across the globe that operate in the bulk industrial packaging market have focus towards acquisition or collaboration with local / regional unorganized players who provide reconditioning services.

  • In 2010, The Mauser Group announced the takeover of the business of American Container Net, Inc. (ACN) along with its wholly owned subsidiary, Strawser Steel Drum of Ohio, Ltd. (SSD). ACN is a recognized national player in the North American steel drum reconditioning industry.
  • In 2018, Greif added a new high speed production line for manufacturing steel drums at its plant in Vreeland, Netherlands. This the investment will bring significant efficiency gains to the production of small tight head steel drums (12 L to 38 L), improving performance, optimizing lead times and offering delivery flexibility.

Global Reconditioned Steel Drums Market: Regional Outlook

The global reconditioned steel drums market is segmented into seven regions, namely, Latin America, North America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ), and Japan.

As of 2017, North America has been expected to be the major market for reconditioned steel drums, closely followed by the Asia Pacific region. However, with countries like China & India in Asia Pacific region exhibiting lucrative growth opportunities in terms of industrial chemical packaging, the demand for reconditioned steel drums is expected to witness escalating growth over the forecast period.

Global Reconditioned Steel Drums Market: Key Players

Some of the key players currently operating in the global reconditioned steel drums market are:

  • Greif, Inc.
  • Mauser Group B.V.
  • The Cary Company
  • Rahway Steel Drum Co Inc.
  • Mitchell Container Services, Inc
  • Chicago Steel Container Corp.
  • General Steel Drum LLC
  • Schutz Container Systems, Inc.
  • North Coast Container Corp.
  • Metal Drum Co Ltd/The
  • Industrial Container Services, Inc.
  • James G Carrick & Co Ltd
  • Clouds Drums Dubai LLC
  • Skolnik Industries Inc.
  • Izvar Ambalaj Sanayi VE Ticaret AS

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

Global Reconditioned Steel Drums Market: Regional Analysis

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

Global Reconditioned Steel Drums Market: Segmentation

The global reconditioned steel drums market can be segmented on the basis of material, size/capacity, closure, preferred distribution network and the end use D

The global reconditioned steel drums market can be segmented on the basis of material type into:

  • Stainless Steel Drums
  • Cold rolled Steel Drums
  • Carbon Steel Drums

The global reconditioned steel drums market can be segmented on the basis of head type into:

  • Tight Head (closed top) Reconditioned Steel Drums
  • Open Head (removable top) Reconditioned Steel Drums

The global reconditioned steel drums market can be segmented on the basis of size/capacity into:

  • Reconditioned steel drums with Capacity Up to 10 Gallons
  • 10- 25 Gallons
  • 25- 40 Gallons
  • 40-55 Gallons
  • Reconditioned steel drums with Capacity of 55 Gallons and above

The global reconditioned steel drums market can be segmented on the basis of end use industry served into:

  • Food & Beverages
  • Pharmaceuticals & Healthcare
  • Building and Construction
  • Oils & Lubricants
  • Chemicals and solvents
  • Paints & Dyes
  • Agriculture & Allied Industry (Fertilizers / Pesticides)
  • Other Industrial End Use

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Global Reconditioned Steel Drums Market: Report Highlights

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

About us :

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

Contact :

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

Tracing Paper Market Brief Forecast and Analysis by Top Key Players to 2028

Tracing paper is specialty grade paper designed to have low opacity in order to pass light through it. Tracing paper was originally developed for architects to precisely copy drawings using the diazo copy process. The transparent nature of tracing paper is achieved as it is manufactured from selective raw materials such as, cellulose fiber and cotton fiber. Also, the surface smoothness, anti-aging, and acid-free nature of tracing paper make it ideal for various printing, drawing, and other applications. Tracing paper is highly suitable for taking impressions of inks, laser jets, pencils and printing with offset and silkscreen process, making it ideal for graphic designing purposes. The availability of tracing paper in different sizes and its highly recyclable nature are expected to create a positive outlook for the growth of the global tracing paper market during the forecast paper.Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-8111

Tracing Paper Market: Dynamics

Tracing paper is widely used to precisely copy architectural drawings and engineering designs. The inexpensive nature and fewer resilience media to trace and transfer design elements is expected to widen its uses in various applications and fuel the growth of the global tracing paper market during the forecast period. The flourishing global printing market and the extensive use of tracing paper for traditional printing, laser printing, and inkjet printing, is likely to drive the growth of the global tracing paper market during the forecast period. Also, the use of tracing paper in products such as envelopes, greeting cards, and others is projected to escalate the growth of global tracing paper market during the forecast period. Furthermore, the growing popularity of tracing paper in embroidery & quilting is foreseen to push the growth of the global tracing paper market during the forecast period. Overall, the global outlook for tracing paper market is expected to remain positive during the forecast period.

Tracing Paper Market: Regional Outlook

The Asia Pacific excluding Japan (APEJ) region is expected to dominate the global tracing paper market during the forecast period by accounting for the largest market share. Countries in the APEJ region such as, China and India, are expected to witness a significant demand during the forecast period. The ASEAN countries are projected to register a notable growth rate during the forecast period. Western Europe is a significant shareholder of the global tracing paper market and is expected to register a healthy growth rate during the forecast period. The burgeoning printing market in North America is expected to drive the growth of the tracing paper market. The U.S. is expected to remain dominant in terms of market share, while Canada is expected to register a high growth rate during the forecast period. Japan is expected to witness positive growth in the tracing paper market during the forecast period.

Tracing Paper Market: Key Players

Examples of some of the key players operating in the global tracing paper market are:

  • Nippon Paper Industries Co., Ltd.
  • Canson
  • Mitsubishi Paper Mills Limited
  • Hyderabad Reprographics Pvt. Ltd.
  • Atul Paper Pvt. Ltd.
  • Asian Reprographics Private Limited.
  • Plantation Paper Pty Ltd
  • Papersmith
  • ArjoWiggins Chartham Ltd.
  • Zhejiang Wuxing Paper Co., Ltd.

Tracing Paper Market: Key Trends

Some of the key trends observed among the tracing paper manufacturers are listed below:

  • Manufacturers of tracing paper such as, Papersmith and Mitsubishi Paper Mills Limited, are aiming to produce tracing paper from 100% recyclable fiber to save the energy which will ultimately make them virtually carbon neutral.
  • Tracing paper manufacturers are focusing on the custom design of tracing paper in order to satisfy the need of the individual customers as per their precise requirement.

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

Regional Analysis Includes-

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

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Tracing Paper Market: Segmentation

On the basis of material, the tracing paper market is segmented into:

  • Cellulose Fiber
  • Cotton Fiber

On the basis of application, the tracing paper market is segmented into:

  • Traditional Printing
  • Letterpress
  • Planographic/Offset
  • Silk Screen Printing
  • Laser and Inkjet Printing
  • Processing
  • Varnishing
  • Laminating
  • Embossing
  • Drawing
  • Photographic & Cinema Lighting
  • Envelope
  • Mailing
  • Flyer
  • Coversheet
  • Greeting Cards
  • Posters
  • Others

On the basis of end use, the tracing paper market is segmented into:

  • Institutional
  • Commercial

Tracing Paper Market Reports Highlights:

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

About us :

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

Contact :

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

Fava Bean Protein Market Overview ,Trends, Volume, Demand, Growth Opportunities & Investment Analysis Report 2022-2029

Rise of Fava Bean Gets Plant Protein Providers Changing Game Plans

Plant-based sources of protein are going mainstream as meat analogs in the food industry, and fava bean proteins have gained immense popularity in the landscape. Ongoing innovation in the vegan proteins industry is triggering food manufacturers to introduce innovative sources of plant-based proteins that can simulate animal-based protein sources better. Furthermore, consumer demand is shifting from food products with protein to those with high-quality proteins. This is contributing to the adoption of novel products such as fava bean protein, in the vegan food industry.

Fava beans, historically, witnessed limited demand in the animal feed additives industry, mainly due to the presence of anti-nutritional factors (ANFs) such as vicine and convicine (VC), glycosides, and tannins. However, recent advancements in plant breeding techniques have enabled scientists to reduce the amount of ANFs in fava beans and extract high-quality fava bean protein.

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Today, the demand for fava bean proteins as meat substitutes has increased not only in the animal nutrition industry but also in the commercial food & beverage applications. Food manufacturers are increasing the adoption of botanical ingredients in the manufacturing of plant-based proteins and other ingredients. The changing consumer perception about vegetarian ingredients is mainly attributed for this.

Purchases of plant-based snacks and plant-based beverages with vegan protein were primarily driven by cost consideration when the trend of veganism was in its infancy. However, today, consumers are purchasing these products due to their growing concerns about animal welfare and environmental impacts of the meat industry. This is ultimately reflecting in the rising demand for fava bean protein powders in the industry.

Boosting Extraction of Fava Bean Protein Concentrates to Improve Quality

Fava beans are being preferred by manufacturers over other plant-based protein sources such as soy protein ingredients and pea protein, due to their low cost, high protein content, and less allergenicity. Furthermore, while pea proteins and wheat proteins have a significant share in the vegetable- or plant-based protein market, manufacturers are focusing on diversifying their protein portfolio by resorting to innovative sources. This is expected to encouraging plant protein manufacturers to enter the fava bean protein landscape in the coming years.

Growing need for high-quality plant-based proteins is boosting the utilization of novel protein sources such as fava beans, in the extraction of protein concentrates. Processing, nutritional, and specialty needs of consumers are dictating the upcoming strategies of manufacturers and other stakeholders in the fava bean protein landscape. Taking into consideration the consumer inclination towards pulses as a healthier choice of plant-based protein source, market players are adopting innovative methods of extracting fava bean protein concentrates.

Taking into consideration the rise in demand for fava bean protein in a wide range of end-uses and applications in the food & beverage industry, leading market players are focusing on modifying the product characteristics to meet the specific end user demands. Manufacturers are aiming to offer improved flavor, texture, and taste in fava bean protein powders to cater to specific groups of end users.

Furthermore, growing awareness about the health benefits of fava bean is expected to bolster extraction of fava bean protein concentrates. Innovation in fava bean protein powders in terms of their texture, nutrition, and savory profile is expected to emerge as a popular trend in the market. In the coming years, a mounting number of market players are expected to introduce textured fava bean protein to add more propositions to their product portfolio and explore more profitable sales possibilities in the food & beverage industry.

Competition Getting Intense in the Fava Bean Protein Landscape

Leading players in the fruit & vegetable ingredients industry and plant-based proteins market are noticing the increasing popularity of fava bean protein as a high-demand ingredients in various food applications. Recognizing that the consumption of plant-based proteins is no longer limited to vegan consumers, a mounting number of ingredient manufacturers are expanding their presence in the fava bean proteins landscape.

In November 2019, Vestkorn – a leading European producer of ingredients from peas and beans – announced that it has launched its new products including textured pea protein and textured fava bean protein. The company also announced that the textured fava bean proteins are manufactured by processing dry, extracted fava bean without using any chemicals, which makes its new products sustainable.

In October 2019, Roquette Freres SA – a family-owned company based in France and a manufacturer of more than 650 by-products from the starch extracted from potatoes, peas, corn, and wheat – announced that it is looking beyond the pea protein business, and considering to enter the fava bean protein landscape. The company is likely to utilize its existing manufacturing plants to boost the production and processing of fava bean protein, considering the fact that fava beans are among the most promising source of plant protein.

In July 2019, Australian Plant Proteins (APP) – a leading Australian manufacturer of plant-based protein powders – announced that Scalzo Foods – a Melbourne-based food manufacturing company – finalized its investment in APP’s commercial plant protein-extraction facility at Horsham in Victoria’s Wimmera region. The company also declared that its initial focus for commercial manufacturing will be on faba beans and the plant is estimated to use around 20 kilo tons of fava beans every year, as at least 4.5 kilograms of fava beans are required to produce 1kg of fava bean protein powder.

In November 2018, Puris – a U.S.-based, family-owned food company – announced that it has introduced PURIS fava bean protein while accelerating the production of its non-GMO and organic plant proteins with the completion of a newly expanded second spray dryer. The company declared that the Puris fava bean protein will enter markets in 2019, and it can be used as a plant-based ingredient in a wide range of food applications including dry beverage bars and blends and plant-based alternatives to meat.

With a mounting number of new entrants and leading manufacturers in the fava bean protein landscape, the competitive environment is expected to get more intense with time. Manufacturers are likely to scale up their production while bolstering research & development to boost innovation, in order to gain competitive advantages in the fava bean protein market.

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

Get the complete TOC of this Report with figures :- https://www.futuremarketinsights.com/toc/rep-gb-10677

Report Highlights:

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

 About 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.

Contact Us:                                                      

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

Testliner Market – Future Scenario, Key Insights, Top Companies 2028

The packaging paper market has witnessed an increased growth during a couple of decades with the growth of packaging industry. The structure of the industry landscape is continuously changing. Testliner is a paper liner made of recycled paper and is used in variety of applications such as food & beverages, automotive, consumer goods, healthcare etc. Testliner have a smooth and clean surface made of recycled fluting paper. Test liner is used in the manufacturing of corrugated board. The inner and outer surface of the corrugated box is pasted with the testliner. Testliner has gained significant importance in packaging market on the backdrop of its wide application several industries. 

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Testliner has not only maintained various features of paper but has overcome drawbacks of paper. Being recyclable and made from recycled materials testliner is environment friendly. These factors are anticipated to witness positive growth in the global testliner market during the forecast period. Moreover, the growth of the global testliner market is expected to propel the demand for testliner on the backdrop of the corrugated packaging market during the forecast period.

Global Testliner Market – Dynamics

Paper is used for packaging of food items and consumer goods, automotive goods etc. Recyclability and decomposability of testliner make it environment-friendly. In addition to this, the key factor driving the growth for the testliner market is the high printability on the surface of testliner. Testliner is used in the manufacturing of corrugated boxes, corrugated trays etc. Corrugated boxes are used in a variety of applications in several industries such as food & beverages, healthcare, electrical & electronics, building & construction etc. Along with this corrugated packaging solutions are widely used in the industrial packaging industries. The use of recycled paper in the manufacturing of testliner reduces the cost of testliner as compared to kraftliner to a significant extent.

Despite the positive outlook, the growth of the testliner market might be affected.  One of the factors is the stringent government laws and restrictions against environmental pollution. Another factor is the growth of the digitalization. These are the factors which might hamper the growth of the global testliner market during the forecast period.

Global Testliner Market – Regional Outlook

Geographically, the global market for testliner has been divided into seven key regions as: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and Japan. Among these regions, the Asia Pacific excluding Japan region is expected to dominate the global testliner market in terms of value and volume both. Countries like China and India are expected to be the dominating countries in the Asia Pacific excluding Japan testliner market during the forecast period.

Global Testliner Market – Key Players

Some of the key players operating in the global testliner market are following: Smurfit Kappa Group plc, Mondi Group, PT. Lohdjinawi Widjaya, Stora Enso Oyj, DS Smith Plc, International Paper Company, Georgia-Pacific Equity Holding Llc etc. Many local and unorganized players are expected to contribute in the global testliner market during the forecast period.

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

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Global Testliner Market – Segmentation

Globally, the testliner market has been segmented into testliner type, coating type, and end-use industries.

On the basis of testliner type, testliner market has been segmented into:

  • Brown testliner
  • White testliner

On the basis of application, testliner market has been segmented into:

  • Corrugated Trays
  • Corrugated boxes

On the basis of coating type, testliner market has been segmented into:

  • Coated testliner
  • Uncoated testliner

On the basis of end-use industry, testliner market is segmented into:

  • Food & beverages
  • Automotive
  • Chemicals
  • Consumer durables
  • Others

Report Highlights:

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

About us :

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

Contact :

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

Biodegradable water bottles Market Expectations and Growth Trends Highlighted Until 2028

According to the estimates, more than 8 million tonnes of plastic litter is dumped into the ocean every year, damaging aquatic life. One of the worst culprits of single-use plastic is plastic water bottles that are discarded as soon as the drink is finished. These plastic water bottles take between 400 to 1000 years to degrade. Introduction of biodegradable water bottles is a significant step towards curbing the pollution caused by plastic. Biodegradable water bottles are made from organic materials such as algae, bamboo, husks, bulrush, recycled paper, sugarcane pulp and biodegradable plastic bottles are made from PLA (polylactic acid), PHA (polyhydroxyalkanoates), and biodegradable PET. 

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Biodegradable water bottles are an ideal choice as they decompose within 80 days. Biodegradable water bottles do not leave behind any micro-particles or leach heavy metals in the environment. These bottles are made from sustainable materials and do not use fossil fuel for its production. Biodegradable water bottles are considered a significant breakthrough in combating the trash problem that is plaguing the oceans. Biodegradable water bottles market is expected to increase as many companies will adopt an environmentally friendly packaging solution for storage and transport of water.

Biodegradable water bottles market: Dynamics

Half of all the plastic water bottles are used only once, and these bottles require three times the amount of water to produce a plastic bottle than it does to fill one. Biodegradable water bottles are an alternative measure against the traditional plastic bottles that are causing considerable damage to the environment. Biodegradable water bottles can degrade anywhere, be it on land or ocean. The growing environment protection awareness among people will help the biodegradable water bottles market to flourish. The global biodegradable market accounts for a share of less than 1% of the plastics market, but with an increase in R&D adopted by market players, the market is expected to grow steadily. Eco-friendly and cost-effective nature of the biodegradable water bottles drives the biodegradable water bottles market positively. The urgent need to replace the amount of unreal plastic that is produced, used and thrown away will help in the significant growth of biodegradable water bottles market shortly. Biodegradable water bottles made from algae are purely vegan and edible.

These bottles made from organic sources can withstand high levels of water exposure and are shatterproof. Soon other food grade companies are expected to adopt biodegradable bottle packaging solutions for items like juice, milk and other household products. There is growth in the demand for bottled water because of the hygienic and safe drinking solutions which will lead to a significant increase in the biodegradable water bottles market during the forecast period. However, beautiful transparent plastic water bottles are part of marketing and a primary restraint for the growth of biodegradable water bottles. Temperature specific biodegradable plastics degrade only at 50°C which is not possible inside the ocean; this might hamper the growth of biodegradable water bottles market.

Biodegradable water bottles market: the Geographical outlook of biodegradable water bottles market in the following regions

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

North America and Western Europe are the primary consumers of biodegradable water bottles worldwide growing at the highest CAGR in the forecast period. Developing countries such as India and China has tremendous potential and are rising at a rapid pace due to the increase in domestic demand. Some of the market trends include strict government regulations, growing population and recent technological developments in biodegradable packaging. These factors are expected to be the primary reasons for the growth in biodegradable water bottles market.

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Biodegradable water bottles market: Key players

  • Paper water bottle
  • Ch2oose
  • Anhui Idea Technology Ltd.
  • Taizhou merry port Plastic Products Co. Ltd.
  • Lyspackaging
  • Vegan bottle
  • Mitsubishi Plastics
  • Biopac Co.
  • Raepack 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 geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

Biodegradable water bottles market: Segmentation

Biodegradable water bottles market is segmented by the material

  • Organic material
  • Paper
  • Sugarcane pulp
  • Bamboo
  • Algae (Agar powder)
  • Biodegradable plastic
  • Plant-based PET (polyethylene terephthalate)
  • PHA (polyhydroxyalkanoates)
  • PLA (poly-lactic acid)
  • Cellulose-based plastics
  • Poly-butylene succinate

Biodegradable water bottles market is segmented by capacity

  • 15 ml – 100 ml (small)
  • 100ml – 500ml (medium)
  • 500ml -1000 ml (large)
  • Others

Report Highlights:

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

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

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