Bone Densitometer Devices Market to witness a hike in revenues at a passive CAGR of 3.5% and valued at US$ 390.6 Million by 2026

Future Market Insights predicts the US$ 277 Mn global bone densitometer devices market to witness a hike in revenues at a passive CAGR of 3.5% over the next decade. In its recent market outlook titled “Bone Densitometer Devices Market: Global Industry Analysis and Opportunity Assessment, 2016–2026,” the company forecasts that the market for bone densitometer devices will be valued at US$ 390.6 Mn by the end of 2026. Over 2016-2026, bone densitometer devices market is likely to grow passively; however, a few prominent trends will continue to drive market revenues through 2026.

A booming global healthcare market is anticipated to play the role of a key driver in the overall growth of the global bone densitometer devices market. Emerging market trends and several awareness campaigns on osteoporosis rolled out by NGOs across the globe are further likely to increase the demand in the market. Leading companies operating in the global bone densitometer devices market are investing heavily in acquisitions and inking new deals.

These activities are expected to boost the global bone densitometer devices market in the forthcoming years. Leading market players are focusing on new innovations to stay afloat in the global bone densitometer devices market. The rising global trend of medical tourism is likely to benefit key market stakeholders in the next decade.

Prevalence of Osteoporosis and Vitamin D deficiency Building Market – Ageing Remains Primary Catalyst

Driven primarily by rising incidences of osteoporosis and other bone-related disorders, the market will also be fuelled by the ensuing awareness about growing osteoporosis incidences. Increased emphasis on preventive healthcare, early diagnosis, and quality treatment are identified to be among the key factors spurring the demand for bone densitometer devices globally. Ageing, resulting in almost threefold risks of acquiring wrist, hip, and vertebral osteoporosis, will remain a major market growth catalyst.

Moreover, increasing prevalence of vitamin D and calcium deficiency disorders will also escalate the demand in near future. Burgeoning cancer prevalence is boosting the number of patients undergoing chemotherapy, which is further identified to affect their bone density in the long run. This will be another driver to growth of bone densitometer market. Evidently increasing integration of DXA into routine health check-ups will also escalate market growth over the forecast period.

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Key players:

  • Osteosys Co. Ltd,
  • Beammed Ltd.,
  • Diagnostic medical System SA, and
  • Swissray International, Inc

Developed Markets Marching Ahead, Asian Countries to Witness Robust Growth

North America will continue to represent the largest market for bone densitometer devices, followed by Western Europe and Asia Pacific. Latin America and MEA will witness relatively lower growth rates.

  • The U.S. will continue to dominate North American market with nearly 75% revenue share of the region and by 2026, North America is expected to surpass a value of US$ 204 Mn, grabbing over half of the market revenue share.
  • APEJ will be the most lucrative, fastest growing market for bone densitometer devices. Led by China, followed by India and ANZ, this region will approach US$ 61 Mn in 2026, expanding at CAGR of 4.2% over 2016-2026. The Chinese market for bone densitometer devices is expected to exceed US$ 20 Mn in revenues, whereas India’s revenues are estimated at over US$ 17 Mn by 2026 end.

Product-wise Segmentation

By product, the global consumption of axial bone densitometer will possibly account for the revenues of US$ 272.3 Mn in 2026. This segment will grow at an estimated 3.7% of CAGR, gaining over 150 BPS during 2016-2026 against peripheral bone densitometer segment. Axial bone densitometer devices will continue to gain higher traction due to superior accuracy and precision, accounting for around 70% value share by 2026. Peripheral bone densitometer segment is also likely to witness steady adoption, as it allows short scan time and lesser exposure to radiation.

Technology-wise Segmentation

Based on technology, dual energy X-ray absorptiometry (DXA) segment is expected to remain dominant with nearly 65% share by 2026 end. This segment will possibly attain a value worth US$ 253 Mn in 2026, expanding at the highest CAGR of 3.7%. Quantitative ultrasound (QUS) segment is anticipated to register a 3.2% of CAGR, reaching over US$ 88 Mn by 2026 end.

End-user-wise Segmentation

In terms of end-user, hospitals segment will remain the largest consumer of bone densitometer devices, accounting for revenues worth US$ 252.3 Mn in 2026. Diagnostic centres, the second largest end-user segment with an estimated value of around US$ 80 Mn by 2026, is expected to witness the highest CAGR of 3.8% over the forecast period. Hospitals are likely to capture around 65% share in 2026, whereas diagnostic centres will bag over 20% share in 2026 market revenues.

Beetling Trends and Upcoming Opportunities Fostering Demand for Bone Densitometer Devices

Increasing adoption of DXA, coupled with growing prominence of ultrasound technology, will be important trends in market. Improving healthcare infrastructure and extended reimbursement for osteoporosis treatment are also highlighted as influential trends. While flourishing medical tourism initiatives will remain a growing trend, strategic M&A activities will continue to trend among key players.

Manufacturers are likely to witness several untapped opportunities in developing Asian markets, which are primarily driven by exploding population and immense healthcare burden. Governments are also increasingly supporting the market through favourable bone density measurement awareness programs.

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Global Bone Densitometer Devices Market: Segmentation

By Product

  • Dual Energy X-Ray Absorptiometry (DXA)
  • Peripheral Dual Energy X-Ray
  • Absorptiometry (pDXA)
  • Quantitative Ultrasound (QUS)
  • Others

By Technology

  • Dual Energy X-Ray Absorptiometry (DXA)
  • Peripheral Dual Energy X-Ray
  • Absorptiometry (pDXA)
  • Quantitative Ultrasound (QUS)
  • Others

By End Use

  • Hospitals
  • Orthopedic Clinics
  • Diagnostic Centres

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

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Smart Insole Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Gait analysis equipment integrated in the footwear soles which constantly tracks the movement of the person is known as smart insole. Low cost sensors are used which computes the gait features and constantly transmits the information to the devices including smart watches and smart phones.

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Moreover, inclination of healthcare market towards smart insole to track patients’ movement is set to unleash the real market potential. Increasing health awareness among population in developed economies such as North America and Europe is set to bolster the market in long-run.

Demand of the smart insoles has been substantially surged over the past half-decade owing to the consumer inclination towards shoes integrated with smart insoles. Owing to the aforementioned properties of the smart insole, it has gained significant popularity in the field of health and has driven the smart insole market during the historical period.

Moreover, sports industries utilizing smart insole in the athlete’s footwear to analyze the gait features is set to thrust the smart insole market over the mid-term forecast period.

Rising demand from sports and health care applications has positively impacted smart insole market. Attributed to aforementioned scenarios, global smart insole market is forecast to witness absolute growth at a higher digit CAGR between 2020 and 2030.

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COVID-19 to Boost the Smart Insole Market

COVID-19 or Novel corona virus has not only shattered the movement of the people but also the production across every sectors including smart insole industry.

But in the perspective of the smart insole market growth, demand of smart insoles has risen by the consumers in order to track their health stats like diabetes, gait and bundle of other health issues.

Moreover, demand from the healthcare industry has been doubled in last few months to track the gait problems in COVID-19 patients. Research conducted by Keck School of Medicine in 2018, shows that smart insole could detect an infection proves its immense potential at the times of COVID-19 pandemic.

Pandemic has negatively impacted the prices of the smart insole owing to the surge in demand of smart insole.

Smart Insole Market: Regional Outlook

From regional perspective, North America holds largest market share in global smart insole market. Increase in healthcare spending per capita in United States has fueled the demand for smart insoles.

For instance, according to United States National Health Expenditure Accounts (NHEA), U.S. health care spending increased by around 4.6 percent in 2018, reaching US$ $3.6 trillion or $11,172 per person, 3.8 trillion in 2019 which is expected to increase by US$ 4.01 trillion in 2020.

As per CMS estimates the healthcare spending is projected to rise by US$ 6 trillion till 2028. This provides an immense potential for smart insoles market growth in the healthcare arena.

Europe accounts for more than quarter of the demand share of smart insole market. Growing awareness of improving health and healthcare infrastructure in the region is set to encourage the demand for smart insoles over the forecast period. Followed by Europe,

East Asia accounts for less than one-tenth of the demand share of smart insole. Region portrays an increasing market potential owing to increasing healthcare spending. South Asia & Oceania, Latin America and Middle East & Africa account for minute share owing to the limited utilization of smart insole in these region.

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Smart Insole Market: Key Players.

Key players in global smart insole market are

  • Lechal
  • Kinematix
  • Wiiv Wearables
  • Digitsole
  • ReTiSense
  • Dr. Scholl’s (Bayer)
  • Implus
  • Adidas
  • FootLogger
  • Sidas
  • HCi Viocare Technologies
  • Moticon
  • Bonbouton

Global smart insole market is partially fragmented in nature with presence of many international players. Key players in market are focused towards expansions through research & development. These players aim to provide a scattering range of smart insole suited for different purposes.

Realtime Bioprocess Raman Market to expected to exhibit a CAGR of 14.6% during 2022-2030

The benefits of Raman spectroscopy as data processing in real-time has made significant contribution as a diagnostic and control tool for pharmaceutical production and bioprocessing, with scientific and financial benefits demonstrated throughout the product life cycle. This has led to the growth of real-time bioprocess Raman analyzers market. Future Market Insights (FMI) in a new study has forecast real-time bioprocess raman analyzers market to expected to exhibit a CAGR of 14.6% during the forecast period (2020-2030).

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights offers insights about key factors driving demand for real-time bioprocess Raman Analyzers. The report tracks global sales of real-time bioprocess raman analyzers in 15 high-growth markets, where major traction is being witnessed in North America, followed by Europe.

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Leading market players are focusing on mergers and acquisitions with biopharmaceutical industries and contract manufacturing organizations (CMO). This would help them expand their global footprint. Among end-use segments, contract manufacturing organizations are leading the market, which is then followed by biopharmaceutical companies. Contract manufacturing organizations are anticipated to grow at a CAGR of around 15.9% over the forecast period.

Increasing biopharmaceutical production and reduced cost benefits are expected to fuel Real-time bioprocess Raman Analyzers market growth in the coming decade. The digital transformation for data processing in real-time rising investments into R&D and initiative by regulatory bodies to improvise the development and approval process of biopharmaceutical products and fast track the process is has led to the real-time bioprocess Raman Analyzers market growth.

Real-time bioprocess raman analyzers are devices that incorporate Raman spectroscopy as a vibration / optical spectroscopy procedure that provides chemical and physical “molecular fingerprints” for the sample. Raman spectroscopy enables a complete understanding of bioprocess and real-time control of nutrients and metabolites. Raman spectroscopy has a wide range of features due to new technological advances, simple methods of data analysis models, and other Real-time Bioprocess Raman Analyzer applications.

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However, there are few challenges in the real-time bioprocess raman analyzers market like the availability of a skilled workforce which is acting as a restraint in the growth of the market. Lack of information about the product leading to lesser adoption of the Real-time bioprocess Raman Analyzers is acting as a restraint for the market growth.

Key Takeaways from Real-time bioprocess Raman Analyzers Market Study

  • The global Real-time bioprocess Raman Analyzers market is estimated to surpass US$ 8.7 Mn by 2021
  • The U,S, will emerge as dominant market in North America, accounting for over 95% of the overall sales
  • The U.K. will exhibit growth at a positive pace. According to FMI, it is expected to register nearly 20% Y-o-Y growth in 2021
  • Both Germany and France are expected to emerge as attractive markets for realtime bioprocess raman analyzer in Europe
  • Within East Asia, China will account for higher share of proceeds gained by the market

“Increasing research and development activities are expected to boost the growth for Real-time bioprocess Raman Analyzers Market. On the other hand, there is a rising demand for quality healthcare and pharmaceuticals. This has been creating significant growth opportunities for key players” says the FMI Analyst  

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Competitive Landscape

The global market is set to broaden its scope in the forecast period, driven by the increasing adoption rate of real-time and automated solutions during bioprocessing, advancements in technology, and reduced cost in manufacturing of biopharmaceuticals. However, lack of a skilled workforce and inadequate information about the benefits has constrained the sales of Real-time bioprocess Raman Analyzers.

Some of the key players operating in the market are Kaiser Optical Systems (Endress+Hauser), Resolution Spectra Systems Inc. (Merck KGaA), Tornado Spectral Systems, and Sartorius AG. Leading companies are consolidating their positions through mergers, acquisitions, and collaborations.

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

Cement packaging is primarily done in bags and sacks. These bags and sacks can be made out of paper or plastic. Paper cement packaging bags are usually heavy-duty bags and sacks that are manufactured using multiple layers of paper and can be coated with layers of plastic films to provide a barrier against moisture. However, woven and non-woven plastic bags can also be employed for cement packaging. These bags can hold up to 50 Kg of cement without damage. Bags and sacks used for cement packaging also offer printing area on its surface for branding and promotion of the product.

Cement Packaging Market: Dynamics

Cement packaging plays a crucial role in product protection, enhancing shelf visibility, and driving profit margins of the manufacturer. Cement tends to harden when it is exposed to moisture in any form; this makes it unfit for consumption. Thus, a considerable amount of cement is lost during its movement in the supply chain. This loss has triggered the need for efficient cement packaging solutions, which minimizes its exposure to extreme climate.

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Moreover, the market is flooded with duplicated and adulterated construction materials. So, the manufacturers of cement are aiming to reduce instances of counterfeiting by incorporating sophisticated branding impressions on their packaging solutions. These factors are expected to drive the sales of cement packaging solutions in the global industrial packaging market.

Cement manufacturers are switching to sustainable solutions and replacing conventional plastic bags with high shelf life paper bags. The use of paper bags for cement packaging enhances the aesthetic appeal and provides ease of printability. Paper bags for cement packaging are usually lined with PE to ensure product protection from moisture.

Cement Packaging Market: Regional Outlook

The geographical analysis of the cement packaging market has revealed that demand for cement packaging solutions is likely to be fueled by developing countries of the Asia Pacific and the Middle East & Africa. In countries such as India and China, polypropylene cement packaging is used most prominently. The material used for making cement bags is usually recycled, and bags are sewn by hand at large factories. Furthermore, China is one of the leading manufacturers of cement and has a high impact on the dynamics of the cement packaging industry. Thus, the demand for cement packaging is expected to remain strong in the Asia Pacific region.

Also, the Middle East and Africa region are witnessing substantial growth in the number of infrastructure development projects from the past few years. This growth has led to robust demand for construction materials such as cement. Moreover, the region has witnessed the establishment of several new cement plants and revamped the existing ones, to cater to the growing demand for construction material. Hence, the sales of cement packaging solutions are projected to grow during the period of forecast.

Cement Packaging Market: Key Players and Market Structure Analysis

Some of the key players operating in the global cement packaging market are Mondi Plc, LC Packaging International BV, Gascogne SA, Bischof + Klein SE & Co. KG, Uflex Ltd., Taurus Packaging, Unisun packaging, Gempack, Volgopromtrans LLC, ToolAsian Polysacks Pvt. Ltd., Edna Group, and Rosenflex UK Ltd.

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The bargaining power of suppliers is expected to be low in the cement packaging market as several unorganized players operate at a regional level. These players might not compete directly with paper packaging giants such as Mondi Plc and Bischof + Klein SE & Co. KG and more, but might shift the regional pricing trends.

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 cement packaging market segments and geographies.

Regional Analysis Includes :

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

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Cement Packaging Market: Segmentation

Globally, the cement packaging market is segmented by material, product type, capacity, and geography.

By material, the global cement packaging market has been segmented as follows

  • Paper
  • Plastic
  • High-density Polyethylene (HDPE)
  • Polypropylene (PP)

By product type, the global cement packaging market has been segmented as follows

  • Sewn Open Mouth
  • Pinched Bottom Open Mouth
  • Valve Sacks
  • Open Mouth Sacks

By capacity, the global cement packaging market has been segmented as follows

  • Up to 5 Kg
  • 5-15 Kg
  • 15-30 Kg
  • 30 Kg and above

Grain-Free Pet Food Market: Notable Developments & Geographical Outlook

The report covers various factors affecting the Grain-Free Pet Food market. FMI provides in-depth insights into the market. It presents the study in a coherent chapter-wise format, interspersed with data and relevant infographics. The report adopts an analytical approach to help our clients get better understanding about the market. Our expert market research analysts in the food & beverage industry domain carries out an extensive primary and secondary research with the help of digital intelligence for optimized decision making.

FMI, in its latest Grain-Free Pet Food market report, offers the bird’s eye view on the historical and upcoming growth in terms of production, consumption, volume, and value. The report is classified on the basis of key segments, sub-segments, according to the major regions and offers an in-depth analysis on competitive landscape.

The report offers a comprehensive, discussing in details upcoming trends, opportunities and challenges that will aid the expansion of the Grain-Free Pet Food market.

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COVID-19 Impact Analysis on Grain-Free Pet Food Market

The recent outbreak of the COVID-19 has significantly impacted the food and beverage industry. Since the pandemic and various lockdown restrictions, hotel industries had to take shelter within e-commerce industry to provide online delivery services and food to consumers.

Manufacturers have adapted the new normal of ‘take-away’ food and groceries to maintain their financial revenue in the crucial times. With the relaxation in lockdown, the food and beverages industry is expected to witness a moderate growth through 2021 and beyond.

FMI provides a detailed chapter on the impact of Covid-19 on the global Grain-Free Pet Food market. This allows the established and emerging economies to understand the economic market scenario during the pandemic and benefits them in making profound business decisions through the cost-effective solutions.

Important Questions Answered in the Grain-Free Pet Food Market Report

  • Which end user is expected to create lucrative growth opportunities for the global Grain-Free Pet Food market?
  • How is the Grain-Free Pet Food market likely to evolve in the upcoming years?
  • What are the upcoming trends and opportunities likely to prevail the Grain-Free Pet Food market in the future?
  • What innovative strategies are adopted by Grain-Free Pet Food market players to stay ahead of the pack?
  • Which region is expected to be the most lucrative region for the Grain-Free Pet Food market?
  • What are the restraints affecting the growth of the global Grain-Free Pet Food market?

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Grain-Free Pet Food Market: Segmentation

Detailed analysis covered in the FMI’s Grain-Free Pet Food market report has been classified into key segments and sub-segments.

On the basis of nature, the grain-free pet food market is segmented into:

  • Organic
  • Conventional

On the basis of nature, the grain-free pet food market is segmented into:

  • Dry
  • Wet

On the basis of sales channel, the grain-free pet food market is segmented into:

  • B2B
  • B2C
  • Hypermarkets
  • Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Discount Stores
  • Online Retail Channels

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Grain-Free Pet Food Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Grain-Free Pet Food market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.

Key players profiled by FMI in Grain-Free Pet Food market includes:

  • Health Extension
  • Wellness Core
  • Test of the Wild
  • Nulo Freestyle
  • Victor
  • Canidae Pure
  • Merrick
  • Farmina N&D
  • Weruva
  • Holistic Secret
  • Orijen
  • Tim’s
  • Wysong
  • Instinct Raw Brand
  • The Honest Kitchen
  • Tender & True
  • Whole Earth Farms
  • Raws
  • Pure Balance
  • Purina

LED Driver IC Market: Notable Developments & Geographical Outlook

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the LED Driver IC Market. The report 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 2028.

The team of researchers at Future Business Insights are focusing on research and market study to produce different LED Driver IC 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 LED Driver IC Market.

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Competition Landscape

Key Players

Some of the major players in global LED driver IC market include Samsung Electronics Co., Ltd., LG Display Co., Ltd., Analog Devices, ON Semiconductor, Toshiba Corporation, Texas Instruments, Inc., Seiko Epson Corporation, SEOUL Semiconductors, Renesas electronic corporation, Western digital, Mitsubishi Electric Corporation, and other manufacturers of LED driver ICs.

LED Driver IC Market: Segmentation

The global LED driver IC market can be segmented as:

LED Driver IC Market Segmentation by Product Type:

  • Buck-Boost LED Driver ICs
  • Current Sink LED Driver ICs
  • Inductorless (Charge Pump) LED Driver ICs
  • Step-down (Buck) LED Driver ICs
  • Others

LED Driver IC Market Segmentation by Application:

  • Consumer Electronics
  • Healthcare
  • IT & ITES
  • Automotive
  • Telecommunication
  • Government
  • Other

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  • What is the size of the overall LED Driver IC Market in the Technology Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the LED Driver IC Market in the Technology Market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the LED Driver IC Market in the Technology Market?
  • What is the LED Driver IC Market in the Technology Market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in LED Driver IC Market in the Technology Market?
  • What are the recent trends in LED Driver IC Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the LED Driver IC Market in the growth of the Technology Market?
  • What are the key market trends impacting the growth of the LED Driver IC Market in the Technology Market?

Market Background                             

Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

Global Gravy Mixes Market: The Development Strategies Adopted By Major Key Players And To Understand The Competitive Scenario

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Gravy Mixes Market. The report 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 2030.

The team of researchers at Future Business Insights are focussing on research and market study to produce different Gravy Mixes 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 Gravy Mixes Market.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

Southeastern Mills, Inc., McCormick & Company, Inc., Campbell Company of Canada, Edward & Sons., and Kent Precision Foods Group, Inc.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

On the basis of origin, the global gravy mixes market has been segmented as –

  • Organic
  • Conventional

On the basis of product type, the global gravy mixes market has been segmented as –

  • Vegan
  • Brown
  • Mushroom
  • Others
  • Non-vegan
  • Beef
  • Poultry
  • Pork
  • Others

On the basis of packaging type, the global gravy mixes market has been segmented as –

  • Rigid Packaging
  • Food cans
  • Jars
  • Flexible Packaging
  • Pouches
  • Sachets

On the basis of distribution channel, the global gravy mixes market has been segmented as –

  • Modern Grocery Retail
  • Hypermarket/Supermarkets
  • Departmental Stores
  • Convenience Stores
  • Traditional Grocery Retail
  • Specialty stores
  • Independent grocery stores
  • E-retail

On the basis of end use, the global gravy mixes market has been segmented as –

  • Households
  • Commercial establishments

Queries Solved

  • What is the size of the overall Gravy Mixes Market in the Food and Beverage Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Gravy Mixes Market in the Food and Beverage Market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Gravy Mixes Market in the Food and Beverage Market?
  • What is the Gravy Mixes Market in the Food and Beverage Market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Gravy Mixes Market in the Food and Beverage Market?
  • What are the recent trends in Gravy Mixes Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Gravy Mixes Market in the growth of the Food and Beverage Market?
  • What are the key market trends impacting the growth of the Gravy Mixes Market in the Food and Beverage Market?

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Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

Confectionery Packaging Market: Plastic Expected to be the Most Preferred Material Type During the Forecast Period

Emerging markets such as India, China, and Africa etc. provide a huge growth potential for confectionery products. Africa is expected to showcase second fastest growth rate in terms of consumption for confectionery packaging after Asia-Pacific.

This region is also witnessing an inflow of foreign investment in manufacturing of confectionery products. South Africa is expected to exhibit progress in terms of income levels, further supporting the strong economic prospects of the African region.

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As per the assessment of Future Market Insights, the global confectionery packaging market was estimated to be valued at nearly US$ 9,200 Mn in 2017 and is anticipated to touch a valuation of nearly US$ 13,200 Mn in 2027 and in the process exhibit a CAGR of 3.7% during the period of forecast 2017-2027.

Anthropomorphic Packaging to Leverage Consumer Appeal Towards Characters in Popular Culture Trending the North America Regional Market

Incorporating anthropomorphic designs of attractive and popular characters into packaging has enabled sweets and candy brands to attract children and fans of such popular characters. Building candy packs in the shape of fictional characters help marketers to leverage the trending popularity of these fictional characters in attracting fans into buying these candies. The trend of anthropomorphic packaging is prevalent in markets with a considerable adoption of popular culture like comics, action and adventure movies and other famous fictional characters. Local as well as international manufacturers of confectionery products regularly develop products in the shape of trending characters and source packaging that suits the shape of such products.

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Global Confectionery Packaging Market: Competitive Landscape

In this report, some of the key players functioning in the global confectionery packaging market have been profiled, which include players such as Amcor Limited, Smurfit Kappa Group, Sealed Air Corporation, Bemis Company, Inc., Crown Holdings, Inc., Berry Global, Inc., Huhtamaki Oyj, Mondi Group, DS Smith Plc., International Paper Company, Sonoco Products Company, WestRock Company, Clondalkin Group Holdings B.V., Schur Flexibles Holding GesmbH, Ahlstrom-Munksjö Oyj, Bomarko Inc., Printpack Inc., Stanpac Inc., MOD-PAC Corp. and Tomric Systems, Inc.

Market Taxonomy

By Confectionery Type

  • Chocolate Confectionery
    • Courtlines
    • Slabs/bars/blocks
    • Boxed assortments
    • Tablets
    • Chocolate with toys
    • Others
  • Sugar Confectionery
    • Gums, Jellies & Pastilles
    • Medicated confectionery
    • Mints
    • Boiled sweets
    • Toffees, caramels
    • Lollipops
    • Other sugar confectionery
  • Gums
    • Chewing gum
    • Bubble gum

By Material Type

  • Plastic
  • Paper & Paperboard
  • Metal
  • Aluminum Foil
  • Glass

By Packaging Form

  • Flexible Packaging
    • Wrappers
    • Stick-packs & Sachets
    • Liners
    • Pouches
  • Rigid Packaging
    • Folding Cartons
    • Corrugated Boxes
    • Trays
    • Containers(metal, plastic and glass)

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

Flatback Tapes Market is expected to witness a CAGR of 5.8% from 2017 to 2027

Future Market Insights (FMI) has published a new report on flatback tapes. The report has been titled “Flatback Tapes Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.” The report states that faltback tapes have very limited applications as these tapes are mostly used in sectors such as automotive, paper industry, electronics, and packaging. Flatback tapes have smooth paper backing (which is not creped). Creped tapes are a different form of tapes altogether and they have a larger application base as compared to flatback tapes.

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Rubber, acrylic, silicon are commonly used as adhesives. The thickness of the tape varies from 2.5 Mil to 15 Mil. These tapes possess high basis weight, so they can withstand high loads. These tapes are hand tear-able, which makes the manufacturing process simpler and convenient. These tapes have large thickness compared to crepe tapes, but very little elongation, from 2% to 4% mostly. Flatback tapes are commonly used in splicing, packaging and masking applications. Manufacturers are trying to innovate flatback tapes so that they can increase its application base.

For instance, in April 2016, the 3M Company introduced a hand tear masking tape under the brand name ‘Scotch Blue PLATINUM’ for painting applications and better performance. Along this line, in July 2016, Intertape Polymer Group Inc. launched ultra-thin washi paper backed moisture resistant masking tape under the brand name FineLine for achieving better performance while painting.

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The other companies operating in the market are Shurtape Technologies LLC, tesa SE Group, Nitto Denko Corp, Scapa Group plc. and Pro Tapes & Specialties, Inc., among several others. According to the report, the global flatback tapes market is expected to witness a CAGR of 5.8% from 2017 to 2027. The market was worth US$ 858.1 Mn in 2017 and is expected to touch a valuation of US$ 1,505.1 Mn by the end of 2027.

Returning Confidence of Consumers in Retail to Boost Global Market Growth

Regional optimism is rising in North America and Western Europe; is decreasing in regions such as Latin America and the Middle East & Africa; and holds steady in Asia Pacific. India, Brazil, and China represent the highest consumer confidence. The revival of consumer confidence is aiding in the growth of the automotive, FMCG, electronics, and other industries, where flatback tapes are used for the purpose of splicing, sealing, tabbing and masking applications.

The flatback tapes market is moderately correlated with these end use industries as it follows the dynamics of these industries. Countries in Asia Pacific such as India, Indonesia, Philippines, China, Thailand and Honk Kong represent the highest consumer confidence due to high annual GDP growth rates and improving lifestyles of the people. Some countries in MEA such as UAE and Saudi Arabia also represent considerable consumer confidence in their markets.

Flatback tapes are made from paper material, which is biodegradable and highly recyclable. The rising intolerance towards plastic is favouring the demand for flatback tapes. Substitute products for flatback tapes are largely made of plastic, which are expected to create landfill issues. Thereby, implementation of regulations pertaining to environment friendliness, plastic usage and waste dumping in manufacturing industries and other businesses is influencing consumers to choose paper backed tapes such as flatback tapes.

Thickness to Turn out to be a Hindering Factor in the Global Flatback Tapes Market

Flatback tapes have high basis weight compared to crepe paper tapes. This results in higher strength, thickness and low elongation. However, the thickness makes it unfit for majority of applications like carton sealing where the application area includes sharp edges or flexible surfaces. Due to the high strength and low elongation, flatback tapes are easily tear-able by hand. Tear strength is the main area of concern in flatback tapes resulting in a slowdown in the market’s growth.

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Water Soluble Pods Packaging Market expected to reach US $ 400 Mn & ~ 16.4% CAGR Over forecast period 2021–2028

Water-soluble pods packaging  is another offering by the sustainable packaging industry, which is intended to diminish waste disposal around the world. This packaging is beneficial in a lot of ways, which make its products witness a definite market growth. However, a new research report by Future Market Insights predicts an even more positive future for the market.

According to this report titled  ‘Water Soluble Pods Packaging Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028,’ the global water-soluble pods packaging market is expected to witness skyrocketing growth rate in the coming decade. This critical analysis reveals that the global water-soluble pods packaging market is expected to hold a market value of US $ 135 Mn in 2018, reaching a value of US $ 620 Mn by the end of 2028. The exponential CAGR for the global  water- soluble pods packaging market  is expected to stand at 16.4% during the forecast period 2018-2028.

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Water Soluble Pods Packaging Market: Dynamics

The positive aspects related to the usage of water-soluble pods packaging is marking the growth of this market. As the name suggests, these pods are water-soluble, which makes these environment friendly as well. These pods are used in the packaging of laundry detergents, dish wash, spa cosmetics, etc.

The usage of eco-friendly packaging of products is necessary due to excessive usage of plastic around the world, which has led to rising concerns about non-decomposable waste accumulation. Water-soluble (PVA) films are soluble in cold and hot water and hence leave no residue. These beneficial features of PVA are encouraging detergent manufacturers to use it as a packaging material. Procter & Gamble, a global manufacturer of consumer goods and household products has witnessed sales to the tune of US $ 1.5 billion from their product named “Tide Pods and Ariel Pods” are laundry detergent pods.

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However, there are a few myths and risks associated with the usage of water-soluble pods. Some believe that the smell of laundry pods causes irritation and headache. It is also believed that water-soluble pods result in clogging. Other than this, some cases have shown that the consumption of water-soluble pods can be life-threatening. The packaging of water-soluble pods is such that it makes children consume these thinking it to be candy – there have been numerous instances of such cases. All these factors may discourage the use of water-soluble pods, which may result in restricted growth of the global water-soluble pods packaging market.

Preview Global Water Soluble Pods Packaging Market Segmentation Material Type – Poly Vinyl alcohol; Product Type – Single-layer water pods, Dual-layer water pods, Multi chamber water pods; End-Use – detergents, hand wash, dishwash, others (shaving creams); Thickness Type – Below 30 micrometer, 31-60 micrometer, 61 micrometer thickness: 

Water Soluble Pods Packaging Market: Dish Wash and Detergents to Have Neck to Neck Competition

Among the different uses of water-soluble pods packaging, dishwashers and detergents are the most common. According to this research report, the dish wash and detergent markets are expected to witness a similar growth rate in the global water-soluble pods packaging market. However, in terms of market value, the detergents market is way ahead of the dish wash market. The report further indicates that water-soluble pods packaging will be a key part of other end-user industries in the near future.

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Market Taxonomy

Material type

  • Poly vinyl alcohol

Product Type

  • Single layer water pods
  • Dual-layer water pods
  • Multi-chamber water pods

 End use

  • Detergents
  • Hand wash
  • Dishwash
  • Others (shaving creams)

Thickness Type

  • Below 30 micrometers
  • 31-60 micrometers
  • 61-micrometer thickness

region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APAC
  • Japan
  • MY