Electric Cargo Bike Market 2022 Development Status, Competition Analysis, Type and Application 2031

With increasing investments in the expansion of transport infrastructure to meet the growing need of the global population, the electric cargo bikes market is anticipated to surge at an impressive pace. According to Future Market Insights (FMI), the global electric cargo bike market is projected to expand exponentially at CAGR of around 11% over the forecast period 2021-2031.

The use of electric cargo bike for logistics and supply chain applications are currently gaining traction in countries with matured transportation systems. The increasingly important requirement to reduce the carbon footprints for environmental protection, along with high performance and low maintenance characteristics in the logistics industry, are compelling manufacturers to invest production capacity, therefore creating promising market prospects for the foreseeable future.

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With increasing investments in urbanization, increasing volume of deliveries being conducted by logistics companies in terms of last-mile operations is a key factor that supports the adoption of electric cargo bikes. Minimal fatigue to riders, low operational costs, minimal environmental impact, and growing levels of social acceptance are expected to drive demand in the long-term.

On the other hand, electric cargo bikes are limited in terms of payload carrying capacity and range of operations. Efforts to bolster performance capabilities through research and development and marketing operations aimed towards geographical expansion are key factors being considered by market leaders.

global electric cargo bike market key regions and product type mekko chart, 2021

Increasing monetary and non-monetary incentives are encouraging the adoption of battery-operated electric cargo bikes. Moreover, the need for sustainable urban mobility solutions and modern transportation is driving the transition from conventional to electric modes of transport. E-cargo bikes are anticipated to have a positive influence on energy security and air quality. Regulations aimed towards net zero emissions and climate protection agreements are proving important to future market developments.

What Is the Impact Of COVID-19 Crisis On the Electric Cargo Bike Market?

Lockdowns imposed across various countries have negatively impacted the market. Limited production and transportation-related delays owing to travel restrictions have created obstacles. With the consecutive waves of the novel coronavirus impacting the industry, recovery is likely to be gradual through 2021.

Nonetheless, several e-commerce and logistics companies continue to invest in deliveries for essential goods to customers by increasing their electric cargo bike fleet sizes to accommodate the need of the customers.

Despite the difficult situation, economies are steadily recovering from the pandemic. Company activities have begun to grow as supply and distribution networks recover. Against this backdrop, the pandemic is unlikely to have a long-term effect on the electric cargo bike market.

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Key Takeaway from Market Study

  • Lithium-ion batteries are expected to hold more than 84% of the market owing to their high charging efficiency, charge density, and low-weight compared to lead and nickel-based alternatives
  • Two-wheeled electric cargo bikes are anticipated to remain one of the fastest growing segments exhibiting a CAGR of 12.2%
  • Germany is expected to account for a dominant share of 39% in Europe backed by the presence of some of the key manufacturing facilities and government incentives.
  • The U.S. will hold the lead in North America, accounting for over 90% of the regional industry owing to developments in transport infrastructure.
  • Brazil is likely to generate lucrative opportunities, reflecting a CAGR of over 8% through the end of 2031.

Market players are looking to offer eco-friendlier updates to cater to the changing consumer preference. Besides this, there is immense focus on expanding their product portfolio to gain competitive edge, says a lead FMI analyst.

Competition Landscape

The global electric cargo bike market is highly competitive at regional, country, as well as global level, and highly fragmented in nature. Top companies operating in the market are occupying a hefty share in terms of revenue.

With compliance to governmental standard and regulations, these companies have a global brand presence. Leading manufacturers are also updating their technologies to improve their market share.

Some of the key players included in the report are Accell Group N.V. (Carqon), Jiangsu Xinri E-Vehicle Co. Ltd., Jinhua Jobo Technology Co., Ltd., BODO Vehicle Group Co., Ltd. (LUXMEA), Chongqing Mobimax Technology Co., Ltd., Mobility Holdings, Ltd. (Tern Bicycles), Riese & Müller GmbH, Urban Arrow, Worksman Cycles, Yuba Electric Cargo Bikes, Rad Power Bikes Inc., and others.

Electric Cargo Bike Market by Category

By Product Type:

  • Two Wheeled
  • Three Wheeled
  • Four Wheeled

By Battery Type:

  • Lead Based
  • Nickel Based
  • Lithium Ion

By End Use:

  • Courier & Parcel Service Provider
  • Large Retail Supplier
  • Personal Transportation
  • Service Delivery
  • Waste, Municipal Services

By Region:

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

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Fiber Based Packaging Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Fiber Based Packaging Market Overview

Packaging industry has transformed into one of the most important industries all around the world.  Packaging serves multiple functions, namely physical protection, product marketing, tamper evidence, theft protection, durability, and portion control. A lot of innovation has taken place in the realm of packaging allowing the packaging of products to witness advanced functionality and design.

Through the years, we find that sustainability has also crept into packaging solutions making it one of the most important forms of packaging all over the globe. Environmental impact of non-recyclable materials has led to a global reconsideration of industrial outputs.

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This has led to the advent of packaging that complies with international and national environmental protection guidelines. The rising demand for sustainable packaging from the consumer side also calls for producers to adopt the same. Fiber based packaging is one of the most relevant forms of sustainable packaging.

Fiber based packaging utilizes renewable, reusable or biodegradable materials in the process of product packaging. Fiber based packaging is used in primary, secondary and tertiary packaging. Fiber based packaging is widely being used in the chemicals, food & beverages and constructions industry. Stringent regulations levied on the packaging industry also call for more sustainable forms of packaging.

Fiber based packaging Market- Market Dynamics:

Due to the evident concern of global warming, we have witnessed a shift in the way consumers and manufacturers approach buying & manufacturing/selling of products respectively. As the demand for sustainable products has risen, the supply has also kept up.

Manufacturers have widened their product portfolio to include sustainable products. This has led to the development of sustainable packaging. Fiber based packaging forms a major chunk of sustainable packaging. Fiber based packaging is widely used in packaging of consumer goods, electronics, food & beverages etc. With the rising disposable incomes, fiber based packaging market is bound to witness a rise in growth during the forecasted period of 2016-2026.

Millennials and Generation – Y prefer packaging to be sustainable because of their upbringing involving constant reminders of environmental degradation. Fiber based packaging is attractive to these segments of consumers and they are also willing to pay more for the same.

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Fiber based packaging Market- Regional Outlook:

In terms of geography, the fiber based packaging market has been divided in to five key regions; North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. China, India, other East Asian countries and Latin America will show a strong growth in fiber based packaging market through the forecasted period of 2026-2026.

The Asian and Middle Eastern market is largest with regards to fiber based packaging. Steady growth in the mature markets is also expected through the forecasted period of 2016-2026.

Fiber based packaging Market- Major Players:

Some of the key players in the fiber based packaging market are Evergreen packaging, Omya AG, Orora Packaging Australia Pty Ltd, Stora Enso AB, Huthamaki Group, UFP Technologies, Inc., Bumaga BV, Oji Fibre solutions, Westrock Company, Ahlstrom Corporation.

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 done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.

The report covers exhaustive 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 Latin America Europe Asia Pacific Middle East and 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.

Fiber based packaging Market- Market Segmentation:

Based on the Product type, the Fiber based packagingmarket is segmented into:

Paper boards Corrugated packaging Industrial bags Displays Cushioning Supports Extrusion coatings Release liners

Based on end use, the Fiber based packagingmarket is segmented into:

Chemicals Food & Beverages Consumer electronics Construction Others

Based on the discard process, the Fiber based packagingmarket is segmented into:

Recyclable Reusable degradable

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

Metal Straws Market 2021 Industry Research, Segmentation, Key Players Analysis and Forecast to 2029

Rising intolerance towards single-use plastic straws, booming consumer demand for eco-friendly straws, and increasing government reforms and campaigns to ban plastic straws are expected to offer an optimistic viewpoint for the metal straws market.

On-the-go consumers demand more than convenience from their products; they are progressively aware of their choices and are ready to invest in reusable, sustainable drinking straws. Metal straws are stylish, food grade, convenient, and can be reused endlessly to cut the waste created by single-use plastic straws.

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Packaging industry as well. The thriving market of the packaging industry is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower.

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It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Metal Straws Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of analysts at Future Business Insights are focussing on research and market study to produce different Metal Straws Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Metal Straws Market.

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Metal Straws Market: Key Players

Examples of some of the key players operating in the global metal straws market are:

Mulled Mind Jungle Straws Eco Imprints, Inc. Bunkoza Sipstix

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

Metal Straws Market: Segmentation

On the basis of straw length, the metal straws market is segmented into:

<9 cm 9 – 15 cm 16 – 20 cm >20 cm

On the basis of sales channel, the metal straws market is segmented into:

Manufacturers Distributors Retailers Hypermarkets Supermarkets Convenience Stores Specialty Stores Discount Stores & Warehouse/Wholesale Clubs E-retail

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On the basis of end use, the metal straws market is segmented into:

Food Service Hotels Restaurants & Motels Bars & Lounges Cafes Fast Food Outlets Cinemas Airline & Railway Catering Institutional Educational Healthcare Corporate Household

Metal Straws Market Reports 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 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

Precision Stainless Steel Market Witnessing Surging Demand from Automotive and Construction Sectors: FMI

The precision stainless steel market expected to reach US$ 3.2 billion by 2029. Leading players in the market are enhancing supplies and development across the economies. Reform initiatives play a significant role in offering lucrative opportunities.

“Onset of COVID has disturbed the supply chain but demand in various end-use industries like automotive and building, continues to present opportunities in the market. Due to its conductive property, precision stainless steels are also demanded in solar industry,” says the FMI Analyst.

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Precision Stainless Steel Market – Key Highlights

Precision stainless steels market is anticipated to expand at a CAGR of 2.9% through 2029. Backed by expanding construction and automotive industry, East Asia will present lucrative opportunities through 2029. 0.1 mm steel segment is poised to remain the most preferred thickness type. Automotive segment will gain significant attention through the assessment period.

Precision Stainless Steel Market – Driving Factors

Precision stainless steel tools find applications in foil market as well as electronic industries. Global revenue will increase as applications extend to automotive sectors for manufacturing advanced high strength steel. Demand for precision stainless steel tools in aerospace, construction and food & beverage have collectively created substantial opportunities for the players.

Precision Stainless Steel Market – Key Restraints

Inconsistent and high price of raw materials poses a major threat to the market. Disruptions in supply chains due to the pandemic outbreak remains a key impediment.

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Impact on Market by Coronavirus Outbreak

COVID-19 has disrupted demand as well as supply chain across the world. Rapid spread of COVID-19 has interrupted manufacturing activities too. Fortune 2020 displayed that almost 94% companies had been affected by the pandemic. Though improving reforms in Europe and East Asia is likely to drive the market in these regions and conditions will improve through the assessment period. Ramped up sales and manufacturing opportunities in US will create better demand due to lockdown releases.

Competition Landscape

Major players in the market include Jindal Stainless, Aperam Stainless, ArcelorMittal, Outokumpu, POSCO, ThyssenKrupp Stainless, Nippon Steel, Sumitomo Steel, JFE Holdings, Acerinox, Baoshan Iron & Steel Co., AK Steel Corporation.

Key companies are working on expanding product portfolio to gain better market insights. They are launching advanced precision steel and creating new market technologies and acquisitions.

Aperam Steels, is working to create energy-efficient stainless steel and processes that have a positive environment impact. It offers benefits like recyclability and durability.

Nippon Steel collaborated with Toyo Engineering Corporation to extend its utility across Japan. This collaboration was signed to enhance competiveness of both the companies.

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Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

4. Precision Stainless Steel Market Demand Analysis 2015-2019 and Forecast, 2020-2029

4.1. Historical Market Precision Volume (tonnes) Analysis, 2015-2019

4.2. Current and Future Market Precision Volume (tonnes) Projections, 2020-2029

4.3. Y-o-Y Growth Trend Analysis

5. Precision Stainless Steel Market – Pricing Analysis

5.1. Regional Pricing Analysis

6. Precision Stainless Steel Market Demand (Value in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2029

6.1. Historical Market Value (US$ Mn) Analysis, 2015-2019

6.2. Current and Future Market Value (US$ Mn) Projections, 2020-2029

6.2.1. Y-o-Y Growth Trend Analysis

6.2.2. Absolute $ Opportunity Analysis

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More on the report

FMI’s report provides proper segmentation and analysis of market trends and macro-economic factors on the basis of material type (below 0.1mm, in between 0.1mm to 0.4mm ) end-use (medical, pharmaceuticals, construction, food & beverage etc.), and a detailed region-wise segmentation (North America, Asia-Pacific, Eastern and Western Europe).

Yogurt Packaging Market Insights, Deep Analysis of Key Vendor in the Industry 2020-2030

Yogurt is a dairy product that is prepared by bacterial fermentation of milk. In recent times, it has been a popular dairy product for an average milk-consuming person. Consumption of yogurt has witnessed growth in most of the developed and developing countries due to its antioxidant properties and protection against osteoporosis to relieving irritable bowel disease and aiding digestion.

Yogurt is packed in sealable and barrier film enabled containers, pouches, and cups that keep it safe from light, dust and moisture and extend its shelf life. Yogurt packaging is also lightweight and extremely handy, since yogurt is highly perishable and is purchased by a normal consumer in low quantities.

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Yogurt Packaging Market- Dynamics

All the leading packaging companies of dairy products worldwide are trying to own a stake in the yogurt packaging market. Yogurt is mostly packed in PE-HD bottles sealed with heat-sealed closures, aluminum containers, molded cups and pouches. In addition, bottles made of other materials, like plastic (PET) are in made by some manufacturers.

For a longer shelf life, heat-treated drinking-yogurt products packaging materials are made from plastic, aluminium foil and paperboard with good heat bearing capacities and light-barrier properties. Flexible yogurt packaging is aseptic and sterilized to avoid contamination of yogurt through packed material.

With the rise of e-commerce and presence of retailers online, yogurt is supplied to the customer within an hour to a day, which is a boost to the yogurt packaging industry. Manufacturers are constantly finding new ways to develop yogurt packaging that could preserve it and extend its shelf life without refrigerating or cooling it.

The global packaging market is pushing itself towards a plastic-free society, although the plastic packaging market is flourishing in FMCG sector but regulations posed by many countries are forcing packagers to change their material towards a more eco- friendly substance like paper or molded fibre.

Yogurt packaging plastic is a recyclable plastic and is popular in demand by customers and manufacturers. Vegan yogurt is a recent trend in the yogurt market, which utilizes almond, coconut or soymilk and packing it is a challenge for the manufacturers, who are coming up with new designs and shapes for vegan yogurt packaging.

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Yogurt Packaging Market- Regional Outlook

Asia Pacific and Middle East already consume high milk products and are mature markets for yogurt packaging but they have potential to rise with upcoming vegan yogurt packaging market. North America and Europe are lucrative markets and provide high technology for packaging, which is a positive driver for expansion of yogurt packaging in these regions.

Africa and neighbouring regions remain underperforming markets for yogurt packaging but are believed to gain traction and increase sales for yogurt and hence positively affecting yogurt packaging.

Yogurt Packaging Market- Key Players

Key players in the yogurt packaging market are –

  • Chobani Global Holdings, LLC
  • Bakoma Sp. Z O.O.
  • Danone SA
  • Dana Dairy Group
  • Morinaga Nutritional Foods, Inc.
  • Valio Ltd.
  • Yofix Probiotics Ltd.
  • Adelphi Group of Companies
  • Tetra Laval International
  • BW Packaging Systems
  • Lindquist Machine Corporation
  • Sealed Air Corporation
  • Orion Packaging System and many more.

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 yogurt packaging market segments and geographies.

Regional Analysis Includes-

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

Yogurt Packaging Market- Segmentation

Yogurt packaging market segmentation on the basis of type of packaging:

  • Cups
  • Molding Cups
  • Pouches
  • Squeeze Pouches
  • Stand Up Pouches
  • Containers
  • Tetra Paks
  • Aluminum Containers
  • PET Jars and Bottles
  • Others
  • Opaque /non-opaque Plastics Bags
  • Bag in a box

Yogurt packaging market segmentation on the basis of type of yogurt:

  • Dairy
  • Vegan

Yogurt packaging market segmentation on the basis of sales medium:

  • B2B/Direct
  • B2C/Indirect
  • Hypermarket/Supermarket
  • Convenience Stores
  • Discount Stores
  • Specialty Stores
  • E-commerce, Online Retailers
  • Traditional Groceries
  • 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

Packaging Foam Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2021

Future Market Insights (FMI) delivers key insights on the global packaging foam market in its published report titled “Packaging Foam Market: Global Industry Analysis 2012-2017 and Opportunity Assessment 2018-2026”. In terms of revenue, the global packaging foam market is projected to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors on which FMI sheds light in this report. In terms of volume, the global packaging foam market is anticipated to register a CAGR of 5.2%, during the forecast period. The Asia Pacific packaging foam market is expected to remain in the leading position during the forecast period

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Packaging foam is used for protective packaging solutions and is suitable for lightweight products. Packaging foam is made by trapping pockets of gas in liquids or solids. The increase in technological developments in packaging has resulted in the growth of the global packaging foam market. The advancements in the transportation industry are positively affecting the growth of the global packaging foam market.

In this report, Future Market Insights suggests that the growth of packaging foam market can be mainly attributed to the contributions from emerging economies like India and China in the APEJ region. The packaging foam market in China is expected to be at the forefront, spearheading the growth of packaging foam, during the forecast period.

According to the research by Future Market Insights, the demand for packaging foam has witnessed rapid growth in China in the past couple of decades. The APEJ region is characterized by a robust political, demographic, and economic ecosystem of the leading emerging economies and a rapidly growing packaging foam market in the region will lead to optimum growth levels in the coming decade.

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Packaging Foam Market

End users of packaging foam such as automobile, construction, food & beverages, consumer electronics, and homecare & personal care industries are increasingly adopting foams in packaging to increase the safety level of their products. The increase in the manufacturing activity and industrial output has led to the growing sales of packaging foam. Manufacturing activity and industrial output remain vital to both, the developed and the developing economies.

Such activities contribute to exports, research and development, and productivity which will lead to mature markets in various nations. In emerging economies, the increase in the consumption of end products due to a change in living standards and growing income has created new market opportunities for packaging foams. The revenue generated from packaging foam in the Asia Pacific Excluding Japan (APEJ) region is estimated to account for over 42.2% of the global packaging foam market.

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E-commerce is the prime consumer of the packaging foam industry. The retail environment in developing countries such as China, India, and Malaysia has experienced a massive transformation with a significant increase in the number of retail formats such as hypermarkets, supermarkets, convenience stores, and retail e-commerce which have led to the growth of the global packaging foam market.

The rising Internet penetration across the globe has witnessed a continuous shift in the purchasing pattern of an individual and has increased the awareness among the people to use the packaging foams for the safety of products. Along with growing disposable incomes and lesser time spent on shopping manually, e-tailing is gaining massive traction among individuals. In addition to this, e-commerce has reduced the destination barriers which have fuelled cross-border retailing among high-net-worth individuals.

Moreover, rising smartphone penetration and ease in the availability of the Internet are considerably driving the growth of packaging foams. Therefore, the continuous growth in the e-commerce industry along with an increase in mobile shopping is expected to drive the growth of the packaging foams market. Manufacturers and retailers use simplified designs, lightweight packs, and recyclable materials for transportation of the products.

Key players of global packaging foam include Armacell JSP Zotefoams Plc. BASF SE Sealed Air Corporation Synthos SA Rogers Corporation Kaneka Corporation Arkema Foampartner Group.

The folding gluing machines market is projected to expand at a CAGR of 4.5% during 2018-2028.

Riding on the steady demand over the recent past due to the successful intervention of industrial automation, automatic folding gluing machines hold clear dominance over semi-automatic counterparts in the folding gluing machines landscape. Steady adoption of semi-automatic folding gluing machines however prevails among SMEs targeting higher production line efficiency.

A new research intelligence report published by Future Market Insights offers a deep-dive view of the folding gluing machines landscape, delivering exclusive insights on the most impactful push and pull factors associated with revenue growth.

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Key Insights Drawn from the Global Folding Gluing Machines Market Report

The global revenue through folding gluing machines will surpass a value of US$ 5 Bn by this year’s end, witnessing a moderate Y-o-Y growth of around 4% over 2017. Straight line and crash lock fold types of folding gluing machines collectively hold a massive value share of over 60%. Food and beverages register maximum consumption of folding gluing machines. Highest growth potential exists in Asia Pacific, in terms of adoption of folding gluing machines. Sales of automatic folding gluing machines account for more than 80% of the total market revenue. Introduction of more compatible, communicative, and ergonomically designed folding gluing machines is trending the market, targeting enhanced productivity at reduced costs. Customized corrugated packaging trend in the E-commerce/E-tail world is playing a vital role in fueling sales of innovative folding gluing machines.

Convenience Foods Uphold F&B to Remain Largest End Use Sector Utilizing Folding Gluing Machines

In 2017, the global consumer expenditure on food and beverage products was registered roughly around US$ 6.5 trillion, i.e. nearly 8.5% of the GDP. F&B sector accounts for a remunerative 55% share in the folding gluing machines landscape, according to the Future Market Insights’ study.

Food sector, the top consumer of folding gluing machines, is witnessing a prominent push to revenue generation through dry foods and snacks segment. “The popular wave of processed, packaged, and convenience foods is substantially driving the demand for folding gluing machines worldwide, especially in developing Asian economies where the growth is likely to be concentrated in the near future,” explains a senior research analyst at FMI.

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Moreover, frozen and chilled food products are contributing a sizable revenue share to folding gluing machines market. The analyst uncovers, “Non-alcoholic beverages continue to bring in lucrative business opportunities for folding gluing machines manufacturers, enabling beverages segment to secure the second end user sport in folding gluing machines market”.

Rewarding Opportunities Reside in APAC, 1/3rd of Region’s Revenue Belongs to India & ASEAN Countries

The regulatory bodies based in Asian economies are pushing investments in manufacturing sector which have been translating into steadily growing demand for folding gluing machines in recent years. As reported by FMI’s study on global folding gluing machines landscape, India and ASEAN countries collectively account for around 1/3rd share in Asia Pacific’s market value.

Strong presence of a large number of F&B manufacturers within the region are predominantly shaping the adoption pattern of folding gluing machines. Moreover, India’s per capita packaging consumption was on an average 5.5 kg in 2017, pointing to an ample opportunities for folding gluing machines adoption.

Western European market for folding gluing machines is driven by favorable orientation of manufacturers towards industrial automation. North American market is however expanding at a relatively lower pace owing to consistently falling beverage consumption levels.

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Leading manufacturers of folding gluing machines are investing considerable R&D efforts in innovating existing product lines for a decent competitive edge. While reduction of the overall change-over time takes up the spotlight, advanced technology integration also remains one of the key strategies of companies. MNCs are prudently focusing on tapping in to lucrative opportunities in developing Asian economies. Merging with regional leaders or acquiring unorganized regional players are currently the preferred strategic moves of manufacturers of folding gluing machines. FMI’s report on global folding gluing machines market provides deep dive insights on the competitive landscape and various other aspects related to the folding gluing machine landscape. Reach out to us at press@futuremarketinsights.com

Packaging Additives Market Competitive Growth Strategies Based on Type, Applications, End-User, and Region

Future Market Insights (FMI) delivers key insights on the global packaging additives market in its published report titled “Packaging Additives Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2026”. In terms of revenue, the global packaging additives market is estimated to grow at a CAGR of 4.3% during the forecast period, owing to numerous factors on which FMI sheds light in this report. The Asia Pacific packaging additives market is expected to remain in the leading position during the forecast period.

In the packaging industry, packaging additives have prominent applications in end-use industries like food and beverages and pharmaceuticals. The rise in disposable income and increase in economic growth are the significant factors driving the growth of the global packaging additives market. One key driver in the global packaging additives market is the expansion of convenient packaging and food industry in various emerging countries across the globe.

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The packaging industry in regions such as North America and Europe is highly mature and supports manufacturers to promote market growth in other regions. Growth opportunities in the packaging additives market due to the variation in the food consumption habits in regions such as Middle East and Asia Pacific excluding Japan is prompting various leading manufacturers of packaging additives to set up the production units in this regions.

Packaging Additives Market

In this report, Future Market Insights suggests that packaging additives will play a major role in the food & beverage industry during the forecast period. With a rise in demand of packaged food items in the industry, there will be enormous demand of the packaging additives market.

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The research also suggests that the beverage sector segment in packaging additives is anticipated to be one of the highest contributors to the growth of the packaging additives market. The pharmaceuticals and health sector is also anticipated to witness high growth in the packaging additives market during the forecast period.

The growth of packaging additives can mainly be attributed to the contributions of emerging economies in North America such as the U.S. and Canada. The U.S. is expected to be at the forefront, spearheading the growth of the packaging additives market, during the forecast period. According to the research by Future Market Insights, the U.S. packaging additives market has witnessed rapid growth in the past couple of decades.

As per volumetric analysis, the plastic sub segment in the substrate segment is projected to dominate the packaging additives market.  So, packaging additives manufacturers are looking forward to developing such biodegradable bioplastics that will reduce the carbon footprint.

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The companies involved in the manufacturing of packaging additives are focusing on enhancing their production capacity by establishing new production units. The key motive is to have a worldwide presence through collaborations, acquisitions, or by exports in the packaging additives market. The manufacturers of packaging additives are likely to eye the lucrative regions of North America and the Asia Pacific in the coming years. Various vital players find regions such as the Asia Pacific and Middle East & African attractive to develop packaging additives plants in the coming years.

Some of the key drivers for the growth of the global packaging additives market include growing demand from the food & beverage industry due to its biodegradable nature. The packaging additives market in Asia Pacific Excluding Japan (APEJ) is expected to create the highest incremental $ opportunity during the forecast period and is expected to grow at a significant pace in the coming years. The revenue from the packaging additives market in North America is estimated to account for over 21.9% of the global packaging additives market revenue in 2018.

Key players considered in this report on global packaging additives market include AkzoNobel N.V. ALTANA Group, Arkema, BASF SE, ColorMatrix Group, Flint Group, Henkel, Huber Group, Lubrizol Corporation, PPG Industries Inc, Sun Chemical Corporation, Valspar Corporation, Wacker Chemie AG, Evonik

Many unrecognized and local players are expected to contribute to the global packaging additives market during the forecast period.

Femtech Market 2022 | Scope of Current and Future Industry 2031

Femtech is a term used in women’s technology, including the use  of digital health tools such as software, diagnostics, products and services aimed at women’s health . According to a recent Future Market Insights (FMI) report, the global femtech  market  will reach a valuation of US $ 948.1 million in 2021, with a market CAGR of 15.0% during the forecast period (2021-2031).

Market demand is set to grow at a steady pace throughout the forecast period, primarily outside the boundaries of healthcare towards a divergent approach that includes domains such as workplace regulation, financial equity, and state law. Supported by the investment of.

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Digitization and the emergence of artificial intelligence are the main factors driving the positive expansion of the femtech market in terms of growth and stability. Advances in technologies such as cloud-based informatics enable consumer-centric, personalized solutions. This enables affordable and accessible analysis from the perspective of monitoring and diagnosing an individual’s health.

Leading market players are driving innovation and accessibility to customized digital solutions. This includes the introduction of hands-free wearables that support the daily lives of women around the world.

Major regions and services of the femtech market Mekko Chart, 2021

In addition, key product developers in the femtech market are expanding their product sales outlook through commercial partners such as department stores, major retailers, hospitals, clinics, insurance companies, pharmacies, drugstores, private healthcare institutions and e-commerce platforms. doing.

Important points from Femtech market research

  • Menstrual health applications, supported by increased purchases from working female demographics, drive market growth, holding about one-third of the market.
  • Diagnostic services are projected to cover approximately 45% of the global market by 2031. This is backed by improved accessibility for digital health services.
  • The United States has an overwhelming share and is worth more than US $ 357.1 million by the end of 2021, supported by the presence of key players and growing consumer support.
  • The UK and Germany dominate the European market, accumulating more than 25% of the region’s revenue.
  • China is a major market in East Asia and is projected to account for more than 50% of the region’s value share due to its vast consumer base.

The advent of technological improvements in health care in the form of devices, applications, services and products has increased the rate of diagnosis of reproductive disorders in terms of time management and treatment of women. This will support growth over the next decade , FMI analysts say

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Who is winning?

Some of the largest companies operating in the femtech market are focusing on collaboration with major institutions to raise public awareness about the adoption of digital health services.

Collaboration with leading pharmaceutical companies to launch customized products and services for a growing consumer base has allowed key players to maintain their market position while expanding their product portfolio. ..

  • In 2019, research collaboration between Bloomlife and Imec to monitor fetal heart rate via wearable ECG chips is expected to create excellent monitoring capabilities in obstetric medicine.
  • Femtech companies integrate applications to track childbirth and offer services such as in vitro fertilization. In addition, we also offer medical and products such as wearables and hands-free devices.

Major market players covered by FMI include Clue, Aparito Limited, Bloomlife, Bonzun Health Information AB, Elvie, Ava Science Inc., Grace Health, iBreve, LactApp, Natural Cycles Nordic AB, Hera Med Ltd., Niramai Health. , NURX Inc., SteadySense GmbH, Pregnolia AG, Willow, WOOM, B-wom.

Need more insight?

Future Market Insights provides a comprehensive research report on projected revenue growth at the global, regional and national levels, and provides an analysis of the latest industry trends in each subsegment from 2016 to 2031. The global femtech market is segmented in detail. It covers every aspect of the market and presents readers with a complete market intelligence approach. This study includes services (diagnosis, monitoring, treatment), applications (general health and wellness, maternity care, menstrual health, pelvic and uterine health care, cancer and chronic diseases), and end users (direct-7). Consumers, hospitals, surgical centers, fertility clinics, diagnostic centers across major regions).

Femtech by category 

By service

  • diagnose
  • monitoring
  • Treatment

By application

  • General health and wellness
  • Maternity care
  • Menstrual health
  • Pelvic and uterine health care
  • Cancer and chronic diseases

By end user

  • Direct sale
  • hospital
  • Surgical Center
  • Infertility clinic
  • Diagnostic Center

By region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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Important questions answered in the report

How big is the Femtech market?

What are the key statistics for the Japanese and Korean femtech markets?

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Label Printer Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2029

Label Printer Market: Overview

Label Printers is a device which is used to produce barcode labels or tags that can be directly printed on the physical objects. Label printers are used for printing product labels and printing barcodes. Label printer machine is used to make barcode or tags for retail items or label cartons with universal product codes or European Article Numbers before shipment. The label printers are also used for printing barcodes on wristbands which are used for personal identification in hospitals or any events. Label printers use thermal transfer or direct thermal techniques to apply ink to the tags.

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Industrial printers, desktop printers and mobile printers are the major type of products in the label printers market. Irrespective of time and place, mobile label printers are used by organizations to work for printing tickets, labels and receipts. Desktop label printers are used for printing low to mid volume labels and barcode wristbands. Industrial label printers are used for high volume applications such as order labeling and warehouse labeling.

Label printers are used in healthcare for tags that help to identify patient and tracking services. In manufacturing, label printers are used for inventory which helps for inventory control. Nowadays, many technologies are available in the label printers market, which is bifurcated into two categories which are impact and non-impact techniques.

Label Printer Market: Dynamics

Due to increased use in organized retail for labeling is expected to drive the label printers market over the forecast period. Label printers are used in healthcare for wristbands and tags that help to patient tracking and identification, surgical procedure and specimen labels. Increased demand for wristbands label in healthcare is anticipated to impact the market growth favorably. Furthermore, the workforce of mobile sales carrying out on-field transactions has expected to increase the demand for mobile label printers.

Increased in the adoption of RFID which offers many advantages over barcode which is expected to pose a challenge to the industry growth. The label printers market is anticipated to a moderate market and high end products mainly from the United States and Western Europe. For growth and development companies used to make a strategy for merger and acquisition. Nowadays, the government has been using label printers for various purposes such as tracking, evidence, ID card printing, managing records administrations, surveillance, safety and e-citation. This will be expected to fuel the global market of label printers market over the forecast period.

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Label Printer Market: Regional Outlook

North America and EMEA are anticipated to dominate the label printers market during the forecast period. Europe is expected to leading the regional market for label printers and is expected to witness significant growth over the forecast period. During the future projected year, Western Europe is anticipated to account for the noteworthy market share for label printers. Today’s technology advancement and product differentiation are some of the primary reasons for the growth of the label printers market.

The Asia Pacific is expected to noteworthy growth during the forecast period due to huge investments by the industries in the retail sector. In addition, the development of production facilities is expected to increase the demand for label printer during the forecast period. In the Asia Pacific, china held the largest market share and recognize for a large number of production facilities paired with escalating demand from the shipping application segment. Overall, the Label Printer market is forecast to enjoy balance growth in the forecast period.

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Label Printer Market: Key Players

Some of the players operating in the Label Printer Market are Zebra Technology, Toshiba TEC Corporation, Shandong New Beiyang Information Technology Co., Ltd, Honeywell International Inc., TSC Auto ID Technology Co., Ltd, Citizen Systems Europe, Epson India Pvt Ltd, Brady Worldwide, Inc., DASCOM Americas SBI LLC, GoDEX, cab Produkttechnik GmbH & Co KG, Postek Electronics Co., Ltd., Wasp Barcode Technologies, and many more. Many local and unorganized players are expected to contribute to the Label Printer market.

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

Label Printer Market: Segmentation

The Label Printer Market is segmented on the basis of product type, technology, connectivity and application

On the basis of product type, the Label Printer Market has been segmented as follows-

Desktop Industrial Mobile

On the basis of technology, the Label Printer Market has been segmented as follows-

Thermal Transfer Impact Direct Thermal Laser Ink-Jet

On the basis of connectivity, the Label Printer Market has been segmented as follows-

Wired Wireless

On the basis of application, the Label Printer Market has been segmented as follows-

Manufacturing Logistics Retail Healthcare Government Others

Report Highlights:

A detailed overview of the parent market Changing Label Printer Market In-depth Label Printer Market Historical, current and projected Label Printer Market size regarding volume and value Recent industry trends and developments Label Printer Market Competitive landscape of the Label Printer Market Strategies for key players and product offered Label Printer Market Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on Label Printer Market Performance