Demand for ‘Easy’ & ‘Efficient’ Moulding Processes to Bolster Rotational Moulding Machine Sales, Finds FMI Study

A new market research report by Future Market Insights (FMI) investigates the rotational moulding machines market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global rotational moulding machines market reached revenues worth ~ US$ 800 Mn in 2018, primarily driven by the exponential growth of manufacturing ecosystems.

Growing demand for cost-effective machinery offering optimal productivity is one of the key factors expected to propel demand for rotational moulding machines in the upcoming years. In addition, massive outpour of investments in the plastics processing space is expected to drive the rotational moulding machines market growth in the next decade, states the FMI analyst.

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North America and Europe regions are expected to hold prominent market shares in terms of value, however, East Asia is expected to represent significant opportunities for companies active in the global rotational moulding machines market through 2029. Demand from end-use industries such as chemicals & petrochemicals and automotive & marine is expected to pin the East Asia rotational moulding machines market for exponential growth in the coming future.

Manufacturers Shifting Strategic Focus on ‘Customized’ Offerings

According to the FMI report, leading companies in the rotational moulding machines market are working on new strategy models to successfully bridge the supply-demand gap. With the rise of ‘customization’ trend, manufacturers are also offering tailor-made machines specifically designed as per the end user requirements. Manufacturers are also shifting their focus toward incorporation of new and advanced features in their machinery, which will ensure shorter processing cycles and higher efficiency irrespective of the material thickness.

The rock & roll rotational moulding machines are expected to hold prominent market value share in the global rotational moulding machines market. Production capacity remains the key USP pushing demand for these machines and these machines are mostly employed for manufacturing products with narrow and uniform thickness. Uniform thickness of a container/part not only enhances its visual appearance but also nourishes quality quotient of the finished product by a wide margin. Use of rotational moulding machines for manufacturing tanks & containers is likely to hold approximately half of the global market share in 2019, given that significant requirements for sturdy tanks and containers will continue to be put forth by the shipping industry in 2019 and beyond.

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The report highlights some of the prominent market players, who have established themselves as market leaders in the global rotational moulding machines market. Some of the key players operating in the global market are The Rotomachinery Group, Persico S.p.a., Shandong Zhongtian Rubber & Plastic technology Co., Ltd, Ferry Industries, Inc., Crossfield Excalibur Ltd, Orex Rotomoulding sp. z.o.o., Rotoline LLC, and Reinhardt GmbH.

The global rotational moulding machines market is consolidated with some of the players holding prominent shares of the market. There are relatively less number of manufacturers in the market. Manufacturers are investing in the carousel machines, independent arm machines, and also in shuttle machines which is expected to increase the rotational moulding machines market growth in the next ten years.

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For additional insights on the global rotational moulding machines landscape, write to the analyst at press@futuremarketinsights.com

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

Lightweight Plastic Containers Account for 50% of Sales in Rigid Industrial Packaging Market, Finds FMI

Rigid industrial packaging recorded a volume sales of ~1.85 billion units, equating a value of ~US$ 26 billion in 2022. As per the latest report published by Future Market Insights (FMI),

Rigid industrial packaging has been gaining rising momentum in a number of commercial sectors owing to its enhanced protective capabilities against harsh environmental factors. FMI’s study opines that fast-paced industrialization and increasing demand for chemicals and pharmaceuticals continue to influence the growth prospects of rigid industrial packaging market.

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It’s not sufficient for rigid industrial packaging to merely contain the product inside. FMI’s study finds that there is greater awareness among manufacturers and suppliers to deliver more environmentally acceptable packaging formats. Therefore, the futuristic focus revolves around technological innovations and sustainable solutions that reduce the cost of manufacturing as well as the environmental impact.

Manufacturers Capture Opportunities Arising from Chemical Industry

According to the study, one of the important growth drivers is an increase in inter-continental trade activities, which necessitate newer industries – such as bio-chemical, food grade ingredient, and processed food – to use rigid industrial packaging format. Furthermore, the market remains heavily dependent on four key end-use industries including chemicals & solvent, food & beverage, oil & lubricants, and automotive.

The study opines that high demand for steel drums, pails, and rigid intermediate bulk containers (IBCs) from chemicals & solvent industry continue to influence the growth strategies. Additionally, manufacturers are focused on increasing the production of plastic drums and bulk boxes to capitalize on rapidly expanding automotive and food & beverage industries.

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Despite the cloud swirling around the ill effects of plastic, manufacturers continue to use plastic as a convenient material for rigid industrial packaging, owing to technical and operational advantages and lower costs as compared to metals. Accounting for ~50% revenue share in 2018, sales of rigid containers made up of plastic are likely to witness significant growth in the future, backed further by the lightweight property and advances in technologies of polymer processing. However, low degradability of plastic will remain a key concern among manufacturers as well as end users.

As per the study, reuse of containers is gaining ground in the rigid industrial packaging space, and to align with the current trends, manufacturers are placing more focus on R&D activities and innovations to increase the efficiency of products and maximize repeat use. The trend of customization has also been noticeable in the market, as manufacturers are inclining towards offering products that meet end users’ specific requirements.

Growth prospects of the rigid industrial packaging, as identified by the FMI study, are high in East Asia, representing a revenue share of 50% in 2018. An exponential rise in manufacturing activities in the region along with expansion of F&B industry has surged the demand for safe and contamination-proof packaging. Favorable government policies on intercontinental trade activities along with increasing number of OEMs will continue to create opportunities for market players in East Asia.

The study identifies restraints that could possibly hamper the growth of the rigid industrial packaging market. Rapid emergence of new companies from developing countries, catering to the needs of local customers at reasonable costs, are likely to squeeze the global player’s margin in the market. These players are further under the pressure from end users to reduce the overall costs.

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The business intelligence highlights the competitive landscape in the rigid industrial packaging market, by conducting a thorough analysis on the key growth strategies of the market players. Acquisitions and partnerships with local players remain a strategic focus area of key stakeholders for enhanced global footprint.

This study tracks growth of the global rigid industrial packaging market from 2022 to 2029. The global rigid industrial packaging is likely to spectate a steady rise at 4.5% value CAGR over the course of the forecast period, according to FMI’s projections.

For additional insights, write in to the analyst at press@futuremarketinsights.com

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

Brown Rice Market Overview Analysis of Top Manufacturers, Industry Size, New Opportunities, Future Trends, And Forecast 2022-2026

Rice is one of the major staple food, consumed across the globe by more than half of the total world’s population. Rice is produced and milled globally, yet major percentage of total rice produced is consumed in the countries where it is produced, but growing demand in some areas is driving the international rice trade between the regions.

Most of the rice is consumed and produced in Asia and Central-Asian countries like India, Pakistan and Thailand accounts for approximately 90% of world rice production. Due to high export of rice to other countries, the current share in global rice consumption of these countries is slightly lesser than the total production.

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Brown rice is the edible whole grain rice, with its outer hull removed. Since, brown rice goes through less processing, it is high in nutritional values as compared to whole white rice. Due to increasing preference towards healthy eating habits and increasing health consciousness, brown rice market is expanding at higher CAGR, compared to overall rice market. Brown rice demand is picking up in the major importing countries, which is attracting the interest of major producers to focus on producing brown rice.

Geographically, brown rice market can be segmented by regions into North America, Latin America, Western and Eastern Europe, Asia-Pacific, Japan and Middle East & Africa.

Asia-pacific is the most dominant market in terms of production and consumption. Thailand is the world’s largest exporter of rice, including brown rice, followed by Vietnam and India. Major importing countries are dispersed and top 10 importing countries only account for less than 50% of global rice imports.

Major countries consuming brown rice are Indonesia, Philippines, Iran, Nigeria and few European countries. Latin American countries are expected to exploit the availability of land and water emerge as the major producer and exporter of rice, during the forecast period.

Brown Rice Market Drivers:

Brown Rice market is increasing with respect to the growth of rice trade between the countries. Brown market is projected to expand at a higher pace compared to rice market, due to shifting preference towards healthy eating habits and nutrients provided by brown rice, such as vitamins (B), phosphorus, and magnesium, makes it a preferred choice for many health-conscious customers.

Due to increasing demand, the manufacturers are focusing on launching new brown rice brands and making renewed efforts to attract health-conscious people. Demand for brown rice is also emerging from various

Middle-East and African countries, driving the growth of brown rice market. Innovation in packaging and changing food preference such as emergence of ready-to-eat food product will result in introduction of ready-to-cook brown rice, during the forecast period. In majority of countries where brown rice was earlier preferred by only diabetic patients, is now getting traction from growing number of fitness conscious consumers. Increasing per capita consumption of rice in countries where it is not a staple food is also expected to support the growth of brown rice market

Brown Rice Market Key Players:

Brown Rice market is a part of global rice market and major supplier are concentrated in Asia-Pacific region which manufactures, market and export brown rice on large scale. Few of the major players in brown rice market are T.K. Ricemill and Ash, Asia Golden Rice Co.,Ltd., Daawat, Shiva Shellac And Chemicals, Amira Nature Foods Ltd., Chandrika Group of Mills, Riviana Foods Inc., Ebro Foods, Agistin Biotech Pvt. Ltd., and SunFoods, LLC.

The report covers exhaustive analysis on:

  • Brown Rice Market Segments
  • Brown Rice Market Dynamics
  • Historical Actual Market Size, 2013 – 2015
  • Brown Rice Market Size & Forecast 2016 to 2026
  • Supply & Demand Value Chain
  • Brown Rice Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Brown Rice Market Drivers and Restraints

Regional analysis for Brown Rice Market includes

  • North America
    • US
    • Canada
  • Latin America
    • Argentina
    • Mexico
    • Brazil
    • Rest of Latin America
  • Western Europe
    • Germany
    • Italy
    • France
    • K.
    • Spain
    • Nordics
    • Benelux
  • Eastern Europe
    • Poland
    • Russia
  • Asia Pacific
    • Australia and New Zealand (A&NZ)
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • The Middle East and Africa
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA

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.

Brown Rice Market Segmentation:

Brown Rice market can be segmented on the basis of length, type and regions that constitute the key markets.

Brown Rice on the basis of length can segmented into

  • long-grain brown rice
  • medium-grain brown rice
  • short-grain brown rice

Brown Rice on the basis of type can be segmented into

  • sweet brown rice
  • brown basmati rice

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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

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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Ureterorenoscopes Market Growth, Latest Trends, Top Players, Competition, Technological Advancements, Outlook and Forecast 2029

Ureterorenoscopes are the medical devices widely used for the ureteral and renal stone treatment since 1980s. Numerous studies showed that ureterorenoscopes are very efficient to treat the stones in distal ureter and less effective in the proximal ureter. These devices are found most effective stone free rate for stones bigger than 10 mm in the proximal ureter and stones up to 10 mm in size in distal ureter. Treatments using ureterorenoscopes are safe and effective for the treatment of stones. Ureterorenoscope devices minimizes the surgical trauma and meets the main principle to achieve full recovery. With a smaller working-channel caliber, application of video carts and continuous irrigation, ureterorenoscope devices gives optimal approach and a more thorough exploration to all stones throughout the ureters. The prevalence of urinary calculi appears to be increasing. Ureterorenoscope devices are necessary to diagnose or exclude urinary calculi. Certainly, using of the ureterorenoscope devices for the treatment of ureteral and renal stone will reduce the risk of radiation-associated morbidity. Ureterorenoscope devices are routinely employed to guide the surgeon during upper tract stone treatment.

Ureterorenoscopes Market: Drivers and Restraints

Increasing consumption of alcohols and aerated drinks, less consumption of water promotes the formation of ureteral and renal stone, thereby drives the global ureterorenoscopes market. Change in lifestyle, lack of exercise and proper diet are the major factors of urinary and kidney calculi formation, which expected to drive the ureterorenoscopes market. Moreover, growing research and development activities and increase adoption of technology by the government of most of the countries influenced the market of ureterorenoscope devices. However, due to the low skilled technical persons and high cost of ureterorenoscope devices expected to restrain the ureterorenoscopes market.

Ureterorenoscopes Market: Regional Outlook

Geographically, the North America is expected to share the highest market of ureterorenoscope devices due to high prevalence of urolithiasis, high class healthcare infrastructure, high adoption rate of minimally invasive surgeries, and launch of new devices by key market players. Europe is the second largest market for the ureterorenoscope devices due to rapidly growing aging population, favorable reimbursement policies, increasing number of kidney stone treatment procedures and developing advanced medical devices. Asia Pacific regions are expected to be the most attractive market for ureterorenoscopes due to growing prevalence of ureteral and renal stone by changing dietary habits, lack of exercise, less consumption of water and increasing healthcare awareness are the factors expected to create the opportunities among the key market players to develop more advance ureterorenoscope devices.

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Ureterorenoscopes Market: Key players

The major market payers operating in the global ureterorenoscopes market includes, LocaMed Limited (SML Solutions Limited), Boston Scientific Corporation, Olympus Corporation, Stryker, Richard Wolf GmbH , PENTAX Medical, KARL STORZ SE & Co. KG, Elmed Electronics & Medical Industry & Trade Inc., SCHÖLLY FIBEROPTIC GMBH, AED.MD, OPCOM Inc., SOPRO-COMEG GmbH, Prosurg Inc., Maxerendoscopy, ROCAMED, EMOS Technology GmbH, Vimex Sp. z o.o.. and others.

Ureterorenoscopes Market: Segmentation

Tentatively, the ureterorenoscopes market can be segmented on the basis of product type, applications and end user.

Based on product type, the global wearable ureterorenoscopes market is segmented as:

  • Flexible Ureterorenoscopes
  • Rigid Ureterorenoscopes
  • Semi-rigid Ureterorenoscopes

Based on applications, the global wearable ureterorenoscopes market is segmented as:

  • Ureteral  Stone Treatment
  • Renal Stone Treatment
  • Urological disorders
  • Others

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Based on end users, the global wearable ureterorenoscopes market is segmented as:

  • Hospitals
  • Diagnostic Imaging Centers
  • Ambulatory Surgical Centers
  • Specialty Clinics

Compostable Foodservice Packaging Sales to Grow as Sustainability Drive Promises Rapid Adoption, Finds FMI

Future Market Insights, in its new offering, outlines the growth trails of compostable foodservice packaging market for the period 2019 and 2029. According to the report, worldwide sales of compostable foodservice packaging reached approximately 6,400 thousand tons in 2018, equaling revenues worth US$ 16.7 Billion. As end users’ quest for sustainable packaging intensifies, manufacturers are likely to witness a period of sustained demand in the future.

Expansion of foodservice industry, along with the emergence of ‘takeaway’ and ‘grab-and-go’ services will continue to provide potential growth prospects of the market. However, the price of producing compostable materials for packaging continues to be higher than the conventional variants which is likely to represent a threat to the growth of the compostable foodservice packaging market.

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With plastics becoming one of the biggest challenges in the world right now, brands prolifically using such materials will need to act quickly to find reliable alternatives. Technological innovations are being made to reduce the price of compostable foodservice packaging, and FMI’s study assesses that the global efforts to become a more sustainable society will be instrumental in creating new growth opportunities for the market vendors.

Trays Continue to Gain Preference Over Other Packaging Format

According to the study, the composite foodservice packaging market is estimated to grow at a CAGR of approximately 5% through 2029. One of the key growth drivers is a notable spike in the number of quick service restaurants (QSRs), especially in developing countries, which align with todays’ convenience and on-the-go culture. In addition, surging adoption of foodservice disposables, in the view of an increase in the demand for pre-packed food, has been preparing the grounds for compostable foodservice packaging penetration.

The study finds that compostable trays continue to account for relatively large share of manufacturers’ bottom lines, while more focus has been placed on increasing the production of compostable cups, as the category is witnessing rising demand from a multitude of end-use sectors.

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As the search for sustainable solutions scales up, companies operating in packaging industry are starting to launch a number of products made entirely from plant-based materials including mushroom roots, bagasse, seaweed, and starch derived from maize.

As per the study, the wave of ‘customization’ is also approaching in the compostable foodservice packaging space. To fulfill the individual packaging needs while promoting sustainability, manufacturers are targeted towards offering custom products of all sizes, ensuring food safety and minimizing leakage.

Demand from non-chain restaurants continues to influence growth strategies, and as identified by the FMI’s study, market stakeholders are tapping into opportunities in chain café and independent foodservice operators. Rapid expansion of international chain café in developing countries along with growing consumer preference to eat out, especially from food trucks and street stalls, is also likely to work well with the manufacturers’ growth strategies.

Growth prospects of the compostable foodservice packaging, as the report opines, are high in EU5 and the U.S. Greater awareness and easy access to innovative solutions along with favorable regulatory framework and higher availability of compost facilities in these regions have worked to the advantage of the stakeholders. In addition, market consolidation in Asia Pacific, particularly in the southern region, will remain a key to gaining distinct competitive advantage, as trends of eating out and online ordering have spiked across the region.

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The business intelligence report also offers an incisive outlook on competitive landscape by analyzing the key development strategies of the market players. According to the study, the market shows a high level of consolidation, with local and regional players catering to domestic and urgent demands, while leading players with strong regional presence account for relatively small share in the market.

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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

Pallet Wrap Sales Grow Steadily as Shipments and Logistic Industry Promises New Beginnings: FMI Study

Future Market Insights, in its latest research study, delineates growth of pallet wraps market from 2019 to 2029 and outlines overarching trends upholding growth. According to the report findings, pallet wraps sales reached approximately 3,123.1 ‘000 Tons in 2018, and are likely to grow by 3.2% YOY in 2019.

As effective packaging continues to influence the productivity quotient of end use industries, the demand for pallet wraps is estimated to see a promising outlook through 2029. While pallet wraps play a vital role in the spectrum of warehouse storage and transportation, the FMI study expects a window of opportunities facing the market participants active in the global market landscape.

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The expansion of logistics sector has driven the adoption of palletization as an ideal process to ensure in-transit product security and stability. With palletization becoming the new norm in industrial packaging, manufacturers continue to focus on showcasing a vast portfolio featuring pallet wraps of varying blends and formulations best-suited to end user requirements.

According to the research study, sales of pallet wraps will continue to gain tailwinds from the evolving consumer demand for sturdy and durable packaging forms. The global packaging industry has witnessed a wave of new consumer demands come to the fore, this dynamicity of consumer choices has resulted in constant improvements in the existing packaging models and innovations in the new ones.

The report opines that end user sentiments will continue to incline towards pallet wraps of 15-30 mm thickness, followed by < 15 mm. Price stands firm as the key factor dictating consumer decisions, which is a key reason why end users would continue to prefer low thickness variants available in reasonable prices. With end use industries embracing the automation trend, sales of machine rolls will continue to outdo the sales of hand wrap rolls during the forecast period.

Polyethylene will continue to be a force to reckon with in the material space, with global sales estimated to reach approximately US$ 2.6 Bn in 2019. The primary advantages upholding polyethylene’s position as the ‘material of choice’ are its usability quotient, versatility, easy processability, cost-efficiency, and recyclability. As per the report estimates, polyamide will continue to closely trail polyethylene through 2029, on account of its beneficial properties such as strength and stiffness, puncture resistance, and fracture strain.

According to the research study, food and beverages will continue to be at the forefront of demand for pallet wraps in 2019 and beyond. Effective packaging remains a critical variable in ensuring safe transportation of food and beverage products during bulk transport, and pallet wrap grades continue to befit these requirements.

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Technological Advancements Ensure Better Properties

With technological advancements, the pallet wraps market is growing at a faster rate.

  • For instance, highly advanced packaging film introduced by SABIC, manufactured through a multi-layered & polymer blend technology that offers increased load stability for food packaging.
  • Improvements in film properties have allowed manufacturers to reduce film thickness by 40%.
  • The increased production for higher line speeds of wider and thinner films has enabled increased production of pallet wraps, which is expected to double the production rates and finished roll widths over the last ten years.
  • Increasing efficiency of film by using latest technology for hand & machine pallet wraps is also one of the main reasons for the growth of the pallet wraps market globally.

Manufacturers Accelerate their Sustainability Drive by Committing to ‘Eco-Friendly’ Products

Leading players in the pallet wraps market are focusing on establishment of new production facilities and distribution units across lucrative economies of South Asia, with an objective to increase their sales revenues and tapping into new customer bases. According to the report, manufacturers are rethinking their production processes to align with the sustainability trend, reduce production costs, and enhance the brand value. Use of bio-based plastics continues to be in the spotlight as a prominent manufacturing trend, which will help the market players to revitalize their products’ marketability via ‘eco-friendly’ claims.

Mergers and acquisitions have a place of their own in the manufacturers’ growth strategies, states the FMI analysis. Through strategic mergers and acquisitions, manufacturers get an opportunity to leverage the combined know-how in product development and manufacturing processes, along with wider accessibility to a large number of resources.

This study analyzes growth trail of pallet wraps market during 2019-2029, and forecasts a volume CAGR of 3.5% for the market revenues. For compelling insights on pallet wraps market, write in to the analyst at press@futuremarketinsights.com

Regional Outlook:

North America is expected to lead the global pallet wraps market followed by Asia Pacific region and Europe. North America is a region with some of the world’s leading manufacturers and converters of plastic films and pallet wraps. Asia Pacific is a growing market for pallet wraps, with the presence of various small and medium manufacturers, especially in China. This is expected to drive the global pallet wraps market in the region.

Key Players operating in the pallet wraps market:

  • Eurofilms Extrusions Ltd.
  • Gruppo Fabbri Vignola S.p.A.
  • ERGIS S.A.
  • Dennisons Plastics Ltd
  • Hazel 4D
  • Manuli Stretch S.p.A.
  • Sigma Stretch Film
  • Hi-Tech Plastics, Inc.
  • Mariner Packaging Company
  • American Manufacture Company
  • AVPack Plastics
  • Megaplast S.A.
  • Reusable Logistics Solutions LLC
  • Qualpack Ltd.
  • Indigo Industrial Supplies Limited
  • Pro Plastic
  • Elite Plastics Limited
  • Printed Polythene Ltd.
  • Polywrap Vic Pty Ltd
  • Nuova Group Inc.

VSP & MAP Gather Momentum in Nutraceutical Packaging as Shelf Life & Visibility Take the Limelight, Finds FMI Study

Future Market Insights (FMI) delivers key insights on the global nutraceutical packaging market in its published report that considers the global industry analysis 2014-2021 and opportunity assessment 2022-2029. The global nutraceutical packaging market is projected to be valued at ~US$ 3 Bn 2019, and is expected to surpass US$ 5.2 Bn revenues by 2029.

The report includes a market research study on the global nutraceutical packaging market, which provides functional food & beverage and pharmaceutical product packaging trends, as well as overall market analysis by considering essential factors such as product form, suitable packaging material, and type of packaging requirement.

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Flexible Packaging Preferable over Rigid Packaging

Nutraceutical packaging is gaining more traction for maintaining the shelf life of a product. The future of nutraceutical packaging involves antimicrobial food contact material, which controls chemical reactions, harmful bacterial effects, fungi concentration, and unpleasant odour from the stored product. Further, it is observed that flexible packaging constitutes a major value share of nutraceutical packaging, primarily owing to its light weight and superior barrier properties.

Flexible nutraceutical packaging provides clear visibility to the product along with ease of handling during transportation.

However, the nutraceutical packaging material and type depends upon product form and quantity. Due to the benefits of flexible nutraceutical packaging, bags and pouches are highly preferred for storing protein powders and other granules. With growing emphasis on extended shelf life, it is highly likely that the vacuum skin packaging (VSP) and modified atmosphere packaging (MAP) formats will gain more prominence in market. A significant incremental opportunity has been projected for VSP & MAP types in the global nutraceutical packaging market.

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A Growing Consumer Shift to Preventative Care

The nutraceutical packaging market is dynamic and continuously evolving with growing consumer focus on health and wellbeing. Nutraceutical packaging industries are continuously tracking consumer trends and demands with respect to functional food, dietary supplements, and functional beverages. The consumption of food supplements and additional nutrients is consistently increasing due to critical health issues such as diabetes, hypertension, cardiovascular ailments, osteoarthritis, osteoporosis, etc.

Increasing health consciousness and consumer demand for specific natural ingredients in food supplements are driving the growth of the nutraceutical market in the U.S. Consumers have more faith on natural ingredients over medicines. Hence, the manufacturers of nutraceuticals are diversifying their portfolio with the inclusion of herbal and natural contents in the supplements.

New opportunities for nutraceutical packaging industries are anticipated with the addition of product portfolio and increasing consumption of nutrients. In the U.S. market, it is observed that the consumption of nutraceuticals is more among elder people in order to handle aging problems. Hence, the future growth of the nutraceutical packaging market is dependent on youth, who prefer nutraceuticals for physical fitness, gym, and sports activities.

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Nutraceutical Packaging Market: Key Developments & Trends

European Union (EU)-funded project NanoPack aims to develop packaging solutions that increase product life after packaging by using novel antimicrobial surface application on the food packaging product surface. The NanoPack antibacterial film extends the shelf life of the product by two days. This two day-increase in shelf life increases product saleability by 40%.

The other trends witnessed in the nutraceutical packaging market include digital mass serialization, inclusion of artificial intelligence, and NFC chip & sensor-based packaging. In addition to this, key players have more emphasis on the combination of child-resistant and tamper-evident packaging.

  • On 7th Aug 2021, Amcor Limited acquired Bemis Company Inc., a leading pharmaceutical company to enhancing its product portfolio and ensure maximum reach to customers.
  • On 20th June 2021, Mondi Group Plc. completed the acquisition of National Company for Paper Products and Import & Export S.A.E (NPP) based in Egypt.
  • In February 2022, Gerresheimer AG introduced Duma Standard containers made of child-resistant wrap in Paris.

Amcor Ltd, Gerresheimer AG, Mondi Group PLC, Alpha Packaging Inc., RPC Group, Graham Packaging, Sonoco Products Company, Constantia Flexibles Group GmbH, ALPLA Werke Alwin Lehner GmbH & Co KG, Flex-pack, Law Print & Packaging Management Ltd., American Nutritional Corporation, Wasdell Packaging Group, PontEurope, Arizona Nutritional Supplements, LLC., Comar, LLC., Medifilm AG., Origin Pharma Packaging, CSB Nutrition Corporation, and Nutra Solutions USA are the key companies involved in the nutraceutical packaging market.

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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

Creatine Kinase Reagent Market Application, Trends, Growth, Opportunities and Worldwide Forecast to 2029

Creatine kinase is an enzyme which can be found in the heart, brain, skeletal muscle, and other tissues. Creatinine kinase catalyzes by transphosphorylsing ADP to ATP. With a series of coupled enzymatic reactions, NADPH produced is directly proportional to creatinine kinase activity. There is increased amounts of Creatine Kinase are released into the blood when there is muscle damage. Creatine kinase reagents are used to detect the amount of creatine kinase released into the blood during cellular damage of cardiac and skeletal muscle. These reagents are also used to analyze and quantify the amount of Creatine kinase released into the blood after myocardial infarction, muscular dystrophy, and many other diseases.

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Creatine Kinase Reagent Market: Drivers and Restraints-

Global creatine kinase reagents market is anticipated to witness tremendous growth in the forecast period owing to continuous launch of new creatine kinase reagents to improve the creatine kinase testing. Besides, growing patient population suffering from myocardial infarction, muscular dystrophy and many other diseases could also lead to the growth of the market for creatine kinase reagents. Also, macroeconomic factors such as favorable reimbursement scenario and health care funding by the government of many countries will help in the growth of creatine kinase reagents market. Even cost-effective reagents are also going to drive the market of creatine kinase reagents market. However, undergoing product-based regulatory the US, may to some extent hinder the growth of creatine kinase reagents market in the future.

Creatine Kinase Reagent Market: Region-wise Outlook

North America creatine kinase reagents testing market is anticipated to contribute to maximum revenue globally. Launch of new creatine kinase reagents testing kits in the region as well as several products in the pipeline will contribute significantly to the growth of global creatine kinase reagents testing market. The European market is anticipated to be the second-largest market in global creatine kinase reagents testing market due to presence of strong and advanced healthcare facilities in the region. This helps in more procurement and distribution of creatine kinase reagents in the European region. East Asia’s growing healthcare sector will also favor the market growth of creatine kinase reagents testing market in the forecast period. Moreover, growing both demographically and economically, India and ASEAN countries are expected to lead the creatine kinase reagents testing market in South Asia.

Creatine Kinase Reagent Market: Key Market Participants

Some of the key manufacturers operating in the global creatine kinase reagents market include Abbott Laboratories, DiaSys Diagnostic Systems GmbH, Randox Laboratories Ltd, Tosoh India Pvt. Ltd, Diazyme Laboratories, Inc., BBI Solutions, Pointe Scientific Inc and PerkinElmer Inc. The major players are always in the process of developing strategies that could benefit from the continuous launch of creatine kinase reagent. With the increase in the frequency of new products launch, the major players can compete with the local ones and strengthen their geographical presence, and gain strong creatine kinase market share

The report covers exhaust analysis on:

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

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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)

Creatine Kinase Reagent Market: Segmentation

On the basis of product type, Creatine Kinase Reagent market can be segmented as:

  • Instruments
  • Regents
  • Kits

On the basis of test type, Creatine Kinase Reagent market can be segmented as:

  • Colorimetric Assay Based Tests
  • Enzymatic Tests
  • Point of Care Tests
  • ELISA Based Tests
  • Others

On the basis of application, Creatine Kinase Reagent market can be segmented as:

  • Research Use
  • Diagnosis Use

On the basis of end users, Creatine Kinase Reagent market can be segmented as:

  • Hospitals
  • Clinics
  • Diagnostic Laboratories
  • Academic Research Institutes
  • Others

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Sales of UV Stabilized Films to Accelerate as Flexible Packaging Solutions Emphasize Shelf Life, Reports New FMI Study

Future Market Insights delivers key insights on the UV stabilized films market, in its recently published report titled, ‘UV Stabilized Films Market: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029’. In terms of revenue, the global UV stabilized films market is projected to expand at a value CAGR of over 5% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report.

The global UV stabilized films market has been segmented on the basis of product type, material type, thickness, technology, application, and end-use industry. The global UV stabilized films market is anticipated to expand 1.7x in terms of market value by the end of 2029.

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Non-packaging Applications Account for Multiple Revenue Generation Channels

A UV stabilized film is a multi-layer film that absorbs, scatters, or reflects ultraviolet radiations and protects products from visible light degradation. UV stabilized films are used for packaging and non-packaging end-use industries in a variety of applications such as printing, lamination, industrial, and packaging applications. Manufacturers operating in the UV stabilized films market offer these films in thickness ranges such as up to 20 microns, 20 to 40 micron, 40 to 50 micron, and 50 microns & above.

Technologies used for UV stabilized film manufacturing are adhesion lamination and co-extrusion coating. UV stabilized films are gaining traction in flexible packaging applications for preserving freshness, color, and enhancing the aesthetic appearance of packaged products. Along with this, UV stabilized films increase the shelf-life of the products.

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Market Attractiveness of South & East Asia Remains Intact

As indicated by the regional analysis of market, East Asia is expected to account for nearly one-third of the total market value share in the global UV stabilized films market by the end of 2029 and is anticipated to expand at a value CAGR of over 7% during the forecast period. India is one of the leading contributors of UV stabilized films in the East Asian UV stabilized films market, which was valued more than US$ 700 Mn in 2021.

Key players in the South Asian market such as Uflex Ltd., Jindal Poly Films, and others are expanding their production to cater to the increasing demand for UV stabilized films in the global market. The South Asian market is anticipated to expand at a substantial growth rate during the forecast period.

The total incremental opportunity represented by East Asia is relatively high as compared to other regions in the global UV stabilized market. The burgeoning demand for UV stabilized films from the building & construction industry is expected to further boost the sales of UV stabilized films in the region. After the East Asian region, Europe is another attractive market for UV stabilized films.

This is attributed to the presence of well-established players in the region, which suffice the rising demand for UV stabilized films. The European market is expected to expand 1.4x of its current value by the end of the forecast period.

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China is anticipated to expand at a value CAGR of over 8% during the period 2022-2029. Thailand and Indonesia are expected to represent cumulative incremental opportunity of approximately US$ 0.35 Bn by the end of 2023. The South Asian UV stabilized films market by non-packaging end-use industry is estimated to be valued nearly US$ 1.3 Bn by the end of 2022, and is projected to expand at a CAGR of above 7% during the forecast period.

Company profiles of key market participants that have been profiled in the report on the UV stabilized films market include Uflex Ltd., Mitsubishi Polyester Film, Inc., Toray Plastics (America). Inc., DuPont Teijin Films U.S. Limited, Polyplex Corporation Ltd., Terphane LLC, Toyobo Co., Ltd., Ester Industries Ltd., RKW SE, Sigma Stretch Film Corp., Coveme Spa, Kolon Industries, Inc., Elif Plastik Amb.San.Tic.A.Ş, Group Michiels Advanced Materials, Walco Corporation, Vampire Optical Coatings, Inc., Custom Extrusion Technologies, Inc., Arid Agritec Ltd, FVG Folien-Vertriebs GmbH, and Kangde Xin Composite Material Group Co., Ltd. (KDX).

For more exclusive insights on the global market scenario of UV stabilized films, write in to the analyst at press@futuremarketinsights.com

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

Fructosamine Reagents Market Industry Analysis, Opportunities, Technology, Demand, Top Players and Growth Forecast 2029

Fructosamine Reagents Market: Overview

The global fructosamine reagents market is expected to witness significant growth over the forecast period owing to increasing adoption of the fructosamine reagents for assays. By disease type, the global fructosamine reagents market is expected to be dominated by diabetes type 2 due to higher prevalence. By end user the global fructosamine reagents market is expected to be dominated by the diagnostic laboratories due to higher patient footfall for the testing.

Fructosamine is term used in relation to the both glycoalbumin and glycated total protein. The average lifespan of both glycoalbumin and glycated total protein is about 2 to 3 weeks, level of fructosamine provides average glucose concentration over similar time. The lifespan of the hemoglobin is about 6 to 8 weeks and it provides the glucose concentration over similar time frame which is much longer compared to fructosamine. Longer lifespan of glycohemoglobin do not reflect the changes in the glucose concentration more efficiently hence fructosamine is preferred for the measurement of the glucose level in the diabetic patients. The prevalence of diabetes in developed as well as developing countries is increasing due to various factors such as family history of diabetes and obesity (majorly due to change in the lifestyle), among others. Increasing prevalence of diabetes add up to the cost of management of diabetes. As per the World Health Organization (WHO), the prevalence of diabetes has surged from 108.0 million in 1980 to 422.0 million in 2014 and the number is rising rapidly. As per the WHO, 1.6 million deaths were due to diabetes in 2016 globally, which has made diabetes seventh leading cause of deaths.

Fructosamine Reagents Market: Drivers and Restraints

Increasing prevalence of diabetes across the world expected to drive the growth of the fructosamine reagents market. With severity of the diabetes is on increase and requiring monitoring frequently expected to reflect in the global fructosamine reagents market growth. With need for frequent and real time monitoring of the glucose level among diabetes patients is increasing the fructosamine reagents provides exact mechanism which in turn expected to drive the growth of fructosamine reagents market. With widespread availability of the fructosamine reagents coupled with increasing per capita expenditure on the evaluating the glucose level testing further expected to drive the growth of fructosamine reagents market. Whereas, economic nature of HbA1C test is the prime impediment in the fructosamine reagents market growth. However, increasing number of global and regional fructosamine reagents manufacturers expected to increase the adoption of fructosamine reagents for glucose monitoring, driving the growth of fructosamine reagents market.

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Fructosamine Reagents Market: Regional Outlook

North America is expected to be the highest revenue generating region in the global fructosamine reagents market owing to higher prevalence of the diabetes. Latin America fructosamine reagents market is expected to witness steady growth over the forecast period owing to increasing product availability in the region. Europe fructosamine reagents market is expected to be the second most lucrative region in the global fructosamine reagents market due to higher adoption of fructosamine test assays. Asia-Pacific is expected to be the emerging fructosamine reagents market owing to increasing diagnosed prevalence of diabetes in the region. Middle East & Africa fructosamine reagents market is expected to be the least lucrative owing to lower product availability in the region.

Fructosamine Reagents Market: Key Players

The key participants operating in the global fructosamine reagents market are: Randox Laboratories Ltd., Sekisui Diagnostics, Biosystems S.A., Kamiya Biomedical Co., Sentinel Diagnostics, Asahi Kasei Pharma Corporation, and others.

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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Fructosamine Reagents Market: Segmentation

The global fructosamine reagents market is segmented on the basis of disease type, end user and region.

By the disease type, the global fructosamine reagents market is segmented as:

  • Type 1 Diabetes
  • Type 2 Diabetes

By end user, the global fructosamine reagents market is segmented as:

  • Hospitals
  • Diagnostic Laboratories
  • Specialty Clinics