Market Research Blog – Page 1730 – New Product Development

Unsupported Single Coated Tape Market to Reach US$ 10.9 Billion by 2033, Growing at a CAGR of 3.5%

In 2023, the projected revenue for the global Unsupported Single Coated Tape Market stands at US$ 7.1 billion. Suppliers in the unsupported single coated tape industry are anticipated to experience a steady Compound Annual Growth Rate (CAGR) of 3.5% throughout the next decade, leading to an expected valuation of US$ 10.9 billion by 2033.

A crucial asset for contractors in the construction and building industry, unsupported single-coated tape is widely utilized due to its versatility, cost-efficiency, and convenient application. Projections indicate that the building and construction sector is expected to command a substantial 31.1% share of the global market for this indispensable product.

Get Your Sample Report – Drive Business Success!

The introduction of these adhesive tape-related regulations poses a challenge to the prospects of unsupported single coated tape in the region. To ensure a robust future, adhesive tape organizations must adapt and align their business models with these evolving legal requirements. Companies, both large and small, that proactively integrate regulatory compliance into their product development, procurement, and sustainable practices are expected to thrive in the unsupported single coated tape industry. By prioritizing compliance and sustainability, these businesses can not only navigate legal challenges but also tap into a growing market demand for adhesive tapes that meet evolving standards, ensuring long-term success in the sector.

North America is set to generate the largest unsupported single coated tape market share in the upcoming years. The presence of a well-developed healthcare infrastructure in developed countries, such as Canada and the U.S. is estimated to augur well for the market.

The increasing usage of adhesive tape bandages in moist skin, as well as at-risk or fragile skin environments is a crucial factor that is expected to drive the market. The ability of these tapes to enable the outside air to reach and penetrate the underlying skin or dressing and creating a breathable solution is also likely to aid the growth in North America.

Key Unsupported Single Coated Tape Market Takeaways and Projections

The U.S. is expected to lead the North america unsupported single coated tape market, projecting the fastest growth in the region between 2022 and 2032.
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!

Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of unsupported single coated tape market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global unsupported single coated tape market. Some of the prominent market players are

Arkema (Bostik),
3M,
Nitto Denko,
Scapa,
Avery Dennison,
Syntac Coated Products,
Intertape Polymer,
Adhesives Research,
Berry Plastics,
Cantech,
American Biltrite,
Shurtape Technologies,
Essentra,
Adhesive Applications,
Mactac,
Main Tape,
tesa SE,
DYNAREX,
DeWAL Industries,
Medline Medical,
Lamart Corp.,
McKesson,
Johnson & Johnson,
Cardinal Health,
Worthen Industries,
Coroplast Tape Corporation,
CCT Tapes.

Key Trends Spotted in the Unsupported Single Coated Tape Market:

Technological Advancements: Continuous innovation in tape technology is enabling the development of tapes with superior adhesion, durability, and performance characteristics. These advancements are enhancing the utility of unsupported single coated tapes in various industries.
Eco-Friendly Solutions: Growing environmental awareness is driving the demand for eco-friendly tape options. Manufacturers are exploring sustainable materials and adhesive solutions, responding to the market’s increasing emphasis on eco-conscious products.
Customization and Specialization: There is a rising need for specialized tapes tailored to specific applications, such as automotive, aerospace, and medical industries. Customized solutions are gaining traction as they offer precise and effective solutions to industry-specific challenges.

Key Segments Profiled in the Unsupported Single Coated Tape Industry Survey

By Product Type:

Ordinary Tape
Specialty Pressure Sensitive Tape

By Application:

Aerospace
Medical
Retail/Graphics
Building/Construction
Paper/Printing
Hygiene
White Goods
Automotive

About Future Market Insights Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Hinged Lid Tins Market Set for Robust Growth with Rising Demand for Secure Packaging Solutions

The global hinged lid tins market is poised for substantial expansion, with a projected market size of US$ 10.8 billion by the year 2032. This growth trajectory is underpinned by a noteworthy compound annual growth rate (CAGR) of 3.7% during the forecast period from 2022 to 2032. In 2022, the market is estimated to be valued at US$ 6.1 billion. The market’s positive outlook is attributed to the appealing aesthetics and robust bearing capacity exhibited by hinged lid tins, factors that are anticipated to serve as key drivers propelling market growth.

Hinged lid tins have established themselves as a practical choice for packaging various dry goods, offering several advantages for both manufacturers and consumers. Notably, they excel in preserving the freshness and quality of their contents over an extended period.

Get Your Sample Report – Drive Business Success!

Constructed from durable metal materials, hinged lid tins provide an exceptional level of protection, effectively safeguarding the enclosed products from water vapors and moisture. This formidable barrier against environmental elements contributes to their growing demand in the packaging industry.

Furthermore, the enduring appeal of hinged lid tins can be attributed to their remarkable tensile strength and robust structural design. These attributes underscore their suitability for secure packaging solutions, ensuring the protection and integrity of the products they contain. As a result, the demand for hinged lid tins is anticipated to experience consistent growth in the foreseeable future.

Hinged Lid Tins Market Scenario:

Rising Demand for Premium Packaging: Hinged lid tins are often associated with premium packaging solutions due to their attractive appearance and durability. As a result, there is a growing demand for hinged lid tins in industries such as cosmetics, luxury goods, and gourmet foods. These tins enhance brand image and offer a luxurious packaging experience.
Eco-Friendly Packaging: Sustainability is a significant driver in the packaging industry. Many consumers and brands are seeking eco-friendly packaging solutions, and hinged lid tins made from recyclable materials are gaining popularity. Manufacturers are increasingly using eco-conscious materials and promoting recycling.
Customization and Branding: Hinged lid tins are versatile in terms of design and customization. Companies often use them as a canvas for branding and product differentiation. Custom labels, embossing, and unique shapes are common strategies to make products stand out on retail shelves.
Food and Beverage Industry Growth: Hinged lid tins are widely used for packaging food products, such as candies, chocolates, spices, and tea leaves. The growth of the food and beverage industry, especially in the premium and gourmet sectors, is driving the demand for hinged lid tins.
Cosmetic and Personal Care Sector: Hinged lid tins are popular for packaging cosmetics, skincare products, and personal care items. These tins provide an elegant and secure packaging solution, which is essential for these products. The cosmetics industry’s expansion is fueling demand.
Technological Advancements: Advanced manufacturing technologies are enabling the production of hinged lid tins with improved features, such as tamper-evident seals and easy-open mechanisms. These innovations enhance the usability and security of the tins.
Health and Hygiene Concerns: The COVID-19 pandemic has heightened awareness of health and hygiene. Hinged lid tins provide a sealed and secure packaging option, ensuring product safety and preventing contamination. This aspect has become more critical in various industries.
Regulatory Compliance: Depending on the contents, hinged lid tins may need to meet specific regulatory requirements, such as food safety standards or child-resistant packaging regulations. Manufacturers must ensure compliance with relevant regulations.
Global Supply Chain Challenges: Like many industries, the hinged lid tins market has been affected by global supply chain disruptions. Fluctuations in the availability and cost of raw materials and logistics challenges can impact the market.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!

Market Players:

Allstate Can Corporation
Tin King Manufacturing Co. Ltd.
TinWerks Packaging Co.
Tin-Pac Promotional Packaging
SKS Bottle & Packaging, Inc.

Key Segments Profiled in the Hinged Lid Tins Industry Survey:

By Material:

Tin
Steel
Aluminum

By Capacity:

Up to 150 ml
150 ml – 300 ml
300 ml – 450 ml
450 ml – 600 ml
Above 600 ml

By Application:

Food Packaging Tins
Chocolate Tins
Spices & Condiments
Coffee Tins
Gifts and Promotional Tins
Decorative Tins
Stationery Case
Tobacco
Personal Care & Cosmetics
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa

About Future Market Insights Inc. (FMI)

Contact Us:

Label Printer Market to Reach US$ 752.6 Million by 2033, Growing at a CAGR of 3.9%

The global label printer market is poised for steady growth, with a projected market size of US$ 752.6 million by 2033. This represents a CAGR of 3.9% from a projected value of US$ 513.3 million in 2023.

Convenience Fuels Demand

The increasing demand for user-friendly and convenient label printing solutions is a key driver of the market. Desktop and mobile/portable printers are expected to dominate the market, accounting for an estimated 74% share by the end of the forecast period. This trend highlights the growing need for on-demand and flexible printing solutions across various industries.

Get Your Sample Report – Drive Business Success!

Diverse Applications Propel Growth

The rising use of labels in manufacturing, retail, logistics, and other sectors is fueling the demand for label printers. Stringent government regulations for packaging and labeling further contribute to market growth. Additionally, the growing popularity of portable printing equipment provides added impetus.

RFID Integration: A Game Changer

Radio Frequency Identification (RFID) technology is emerging as a major factor propelling label printer demand. By integrating RFID tags with labels, businesses across manufacturing and retail can benefit from enhanced product tracking, streamlined logistics, and improved security for asset management and quality control.

For instance, RFID tags automate checkout processes in retail by automatically reading product information at payment counters. This not only saves time but also increases efficiency. Similarly, RFID labels are playing a crucial role in contactless payments and delivery management, a trend amplified by the recent pandemic.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!

Market Innovation:

Innovation in the Label Printers Market is marked by advancements in technology, catering to the evolving needs of industries. The introduction of smart label printers equipped with RFID technology and connectivity features has revolutionized data management and tracking capabilities. Additionally, advancements in print head technology have enhanced the precision and speed of label printing, contributing to increased efficiency in manufacturing and logistics operations. Mobile and portable label printers have gained prominence, providing on-the-go printing solutions for increased flexibility.

Moreover, the integration of user-friendly interfaces and touchscreens in label printers facilitates easy customization and operation. Sustainable printing practices, including the use of eco-friendly inks and materials, align with the growing environmental consciousness, shaping the market towards more sustainable solutions. These innovations not only address current market demands but also position label printers as integral components in the era of Industry 4.0 and smart manufacturing.

United States: A Leading Market

The United States is expected to hold a dominant 82% share of the North American label printer market by 2033. This dominance is attributed to the burgeoning manufacturing sector in the US, which accounts for a significant portion of the GDP. As the demand for flexible printed packaging solutions grows across various industries in the US, the requirement for label printers is expected to rise correspondingly. Additionally, the increasing popularity of mobile and portable label printers is anticipated to further fuel market expansion in the coming decade.

The Future of Label Printing

The global label printer market presents a promising outlook, driven by the need for convenient printing solutions, diverse industry applications, and the integration of innovative technologies like RFID. With a focus on user-friendliness and evolving industry needs, the label printer market is well-positioned for continued growth in the years to come.

Business Trends:

Digital Printing Dominance: The label printers market is witnessing a shift towards digital printing technologies, offering enhanced flexibility, shorter production cycles, and cost-effective solutions.
RFID Integration: The integration of Radio-Frequency Identification (RFID) technology in label printers enables advanced tracking and traceability, catering to the increasing demand for supply chain transparency.
Smart Labels and IoT: The incorporation of Internet of Things (IoT) technologies in label printing facilitates real-time data tracking, enabling businesses to monitor product conditions and enhance overall supply chain management.
Augmented Reality (AR) Labels: The use of augmented reality in labels is an emerging trend, providing an interactive and engaging experience for consumers, while also offering additional information about the product.
Adoption of Cloud-Based Solutions: Cloud-based label printing solutions are gaining popularity, allowing businesses to centralize label management, ensure consistency across multiple locations, and facilitate seamless updates and modifications.

Key Companies Profiled:

SATO Agrox India Pvt. Ltd.
Zebra Technologies Co.
Canon Fintech Nisca
Brother Industries Ltd.
Agrox Information Co. Ltd.
TSC Printronix Auto ID
Bixolon Co. ltd.
iDPRT ( XIAMEN HANIN ELECTRONIC TECHNOLOGY CO., LTD.)
NeuraLabel
Maxusa Crop.
Oki Europe Ltd.
Aimotech Co.
Epson Canada Ltd.
Swiftcolor Co.
Primera Technology, Inc.
Seiko Instruments GmbH
Isys label
Toshiba America Business Solutions, Inc.
VIPColor Technologies Pt Ltd.
Afinia Label

Market Segmentation:

Based on product type:

Desktop
Industrial
Mobile

Based on technology:

Thermal Transfer
Impact
Direct Thermal
Laser
Ink-Jet

Based on connectivity:

Wired
Wireless

Based on application:

Manufacturing
Logistics
Retail
Healthcare
Government
Others

About Future Market Insights (FMI)

Contact Us:

Waterproof Label Market to Reach USD 1.7 Billion by 2024, Driven by Global Manufacturing Advancements

The waterproof label market is estimated to be worth USD 1.7 billion in 2024. The waterproof label market is advancing with the overall growth of the labeling industry. As manufacturing capabilities across the globe drastically improve, the need for labeling, including waterproof labeling, is shooting up.

Through 2034, waterproof label demand is set to progress at a CAGR of 3.1%. With the increase in e-commerce, the shipment and trading of goods are set to accelerate at a rapid pace over the forecast period. These goods have stern labeling requirements, especially in the chemical and food and beverage sectors, and waterproof labels are thus advancing in demand.

Get Your Sample Report – Drive Business Success!

By 2034, it is forecasted that the market value will have reached USD 2.2 billion. The capacity of waterproof labels to ward off not just water but other harmful elements is set to add considerable value to the market. The likes of UV rays, stains, and dust are thwarted by these labels in addition to repelling water, and thus, their added functionality helps them become more of a fixture in the packaging sector.

The market is not foolproof, however, as it has to contend with several drawbacks. As with other label products, the threat of surface printing eats into the demand. The cost of raw materials and the use of plastic tend to hold back the market.

“The waterproof label market is being broadened due to the application of the labels becoming widespread. Traditional use in the chemical and pharmaceutical sector is being augmented with use in diverse end-user industries like toiletries and automobiles. Thus, the market is rife with opportunities for investors,” says an analyst at FMI.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!

Key Takeaways from the Waterproof Label Market

The waterproof label market is anticipated to be USD 1.7 billion in value in 2024.
Polypropylene (PP) is the predominant type of material in the market. For 2024, polypropylene is penned in to have a market share of 34.2%.
Pressure sensitive labels (PSL) are the primary label type. For 2024, pressure sensitive labels are slotted in to have a market share of 45.1%.
India is a promising country for the market. The CAGR for India’s market over the forecast period is projected to be 5.5%.
China is a country poised to be lucrative for the market. For the 2024 to 2034 period, the CAGR for China’s market is pegged at 4.6%.
The market is expected to register a CAGR of 1.7% in the United Kingdom over the forecast period.

Competition Analysis of the Waterproof Label Market

Diversity of scale is seen in the market as industry giants coexist with smaller players. Startup culture is also evident. Some of the prominent companies in the market include LANGGUTH America Ltd., Markem-Imaje, Matthews Marking Systems, and Multivac Inc.

Recent Development in the Waterproof Label Market

In December 2023, the Mijia Label Printer Kit was unveiled by Chinese brand Xiaomi. As part of the printer’s objective to make the printing experience smoother for users, it uses waterproof label paper.

Key Segments of Market Report

By Material:

Based on material, the industry is segmented into polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET), other polymers (PA, EVOH, etc.), and metal.

By Label Type:

Depending on label type, the market is categorized into pressure sensitive labels (PSL), shrink labels, stretch labels, thermal labels, and others (in-mold, pre-gummed, etc.).

By End Use:

End-use industries present in the industry are food, beverage, healthcare, cosmetics & personal care, homecare & toiletries, chemicals, automobiles, and other industrial.

By Region:

The sector has been analyzed with the following regions covered: North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa.

About Future Market Insights Inc. (FMI)

Contact Us:

Global Marking Coating Market Set to Reach USD 248.6 Billion by 2034, Growing at 3.1% CAGR

The global marking coating market, valued at approximately USD 183.2 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 3.1% over the forecast period. This steady growth trajectory indicates that the market could reach an estimated USD 248.6 billion by 2034, reflecting a robust expansion driven by increasing demand for durable and high-performance marking solutions across various industries.

Marking coatings are specialized paints or coatings designed to create visible lines, symbols, or markings on various surfaces. They are crucial in industries ranging from construction and road maintenance to manufacturing and warehousing. These coatings ensure safety, guide traffic, and mark boundaries or important information.

Empower Your Business With Valuable Insights. Request a Sample Industry Overview to Assess Market Potential and Drive Growth!

Market Trends

Growing Infrastructure Development The expansion of infrastructure projects globally, including roadworks, airports, and industrial facilities, drives the demand for marking coatings. Governments and private sectors invest heavily in infrastructure, requiring durable and visible markings to ensure safety and efficiency.
Technological Advancements Innovations in marking coatings, such as the development of eco-friendly formulations and enhanced durability, are shaping the market. Advanced coatings now offer better visibility in low-light conditions, resistance to wear and tear, and longer-lasting performance.
Regulations and Standards Increasing regulatory standards for road safety and industrial markings influence market growth. Compliance with these standards necessitates the use of high-quality marking coatings that meet specific visibility and durability criteria.
Environmental Concerns The push towards environmentally friendly products is impacting the marking coating market. Manufacturers are focusing on developing low-VOC (volatile organic compounds) and water-based coatings to reduce environmental impact and comply with stringent environmental regulations.

Regional Market Dynamics

North America: High infrastructure investment and stringent safety regulations drive the market. The US and Canada are key markets with substantial demand for marking coatings in road safety and industrial applications.
Europe: The market is influenced by both regulatory standards and a focus on sustainable products. Countries like Germany, France, and the UK are prominent consumers of marking coatings.
Asia-Pacific: Rapid urbanization and infrastructure development in countries like China and India are fueling market growth. The region presents significant opportunities due to ongoing construction projects and industrial expansion.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!

Future Outlook

The marking coating market is expected to grow steadily, driven by increasing infrastructure projects, technological advancements, and a shift towards eco-friendly products. Innovation in product formulations and adherence to regulatory standards will play a crucial role in shaping the market’s future.

Leading Marking Coating Market Players

Aexcel Corp
Arcon Construction Supplies
Blastline USA Inc.
Diamond Vogel
Grainger
Garon Products Inc.
H G Helios Group
INCL-X, Kelly Creswell Inc.
NCP Coatings
Sherwin Williams
Spencer Coatings
Teknos
TherMark
U-C Coatings
US Specialty Coatings

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

United States Ornamental Fish Market is Estimated to Reach US$ 3.67 Billion by 2033

In 2023, the United States ornamental fish market is valued at USD 1.55 billion, projected to hit USD 3.67 billion by 2033. Throughout the forecast period, the market maintains a steady compound annual growth rate (CAGR) of 9.0%.

Factors Driving the United States Ornamental Fish Market

Rising Demand: The United States is witnessing a consistent uptick in demand for ornamental fish, driven by both individual hobbyists and commercial buyers. This surge can be attributed to the widespread popularity of aquarium fish and the increasing fascination with exotic and vibrant fish species.
Availability of Different Species: Technological advancements have revolutionized the breeding and importation processes, facilitating the introduction of a diverse array of fish species from around the globe. This abundance of options has significantly expanded buyers’ choices, stimulating further demand in the market.
Aquaculture Industry Growth: The burgeoning growth of the aquaculture sector in the United States has emerged as a key driver for the ornamental fish market. The establishment of numerous fish farms across the country has led to a substantial increase in the supply of locally sourced ornamental fish. Consequently, this has helped reduce dependence on imports and bolstered domestic production capabilities.

Get Recently Updated Report of Market as Sample Copy!

Key Takeaways:

The United States ornamental fish market is estimated to capture a CAGR of 9.0% with a valuation of US$ 3.67 billion by 2033.
In a historic period, the market secured a valuation of US$ 1.4 billion in 2018.

Key Marketers are Executing Plans to Enhance the Market Expansion

To increase the expansion of a market, market players can employ various strategies, such as:

Conducting Market Research: Marketers can conduct market research to gain insights into the market’s current state, identify consumer needs, and understand the competition. This information can help them to develop effective marketing strategies.
Developing a Targeted Marketing Plan: Market players can develop a targeted marketing plan with their target audience based on the insights gained from market research. This plan should include tactics such as social media marketing, email marketing, and influencer partnerships.
Building Brand Awareness: Building brand awareness is crucial for the growth of any market. Marketers can use various tactics, such as advertising, public relations, and content marketing, to increase brand awareness.
Offering Unique Value Propositions: Marketers can differentiate their products and services by offering unique value propositions. It provides exceptional customer service to offer exclusive product features.
Leveraging Technology: Technology has revolutionized the way key players approach their marketing efforts. Marketers can use technologies such as Artificial Intelligence, data analytics, and automation to optimize their marketing campaigns.

Prominent Players Operating in the Market

Guangzhou JZX Aquarium Equipment Co., Ltd
Tropical Marine Centre
Aqua Leisure
OASE Living Water
Qian Hu Corporation Limited
Blue Ridge Fish Hatchery
PetSmart
Aqua Design Amano
Rolf C. Hagen Group
Dennerle GmbH

Gain Immediate Access to Detailed Market Insights !

Recent Developments in the United States Ornamental Fish Market:

AquaBounty Technologies is a biotechnology company that has developed genetically modified salmon. The company has recently received approval from the United States Food and Drug Administration to sell its salmon. The company’s innovative approach to aquaculture has implications for the ornamental fish market.
Piscine Energetics is a company that produces and sells fish food made from marine zooplankton. The company’s products are marketed as being highly nutritious and sustainable. Recently, the company has expanded its product line to include fish feed for various species.
Reef Nutrition is a company that produces and sells live phytoplankton and zooplankton for aquarium use. The company’s products are designed to support the growth and health of marine organisms, including fish and other invertebrates. The company has recently expanded its product line to include frozen and dried products.

United States Ornamental Fish Market by Category

By Application:

Commercial
Public Display
Residential

By Product Type:

Tropical Freshwater
Marine
Temperature

By Region:

North America
Latin America
Asia Pacific
Middle East and Africa
Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Release Agent Market: Projected to Surpass USD 1.4 Billion by 2032 Amid Rising Demand for Processed Foods and Convenience

The worldwide Release Agent Market holds an estimated portion of US$ 1036.4 million out of 2022 and is probably going to outperform US$ 1461.4 million by 2032, pushing forward with a CAGR of 4.1% during the conjecture time frame (2022-2032).

With changing people lifestyle of the people, busy schedule, and health concern worldwide, people are inclining towards processed foods for food safety and storage. Processed food such as cooked, dried, canned, frozen food need some release agents that aid in the separation of food from pan, tray and other packaging materials.

Stay Ahead of the Curve: Get access to our latest market analysis and learn how you can leverage key insights to make informed investment decisions.

Now a days, release agents are indispensable for food production. Release agents are substances that eliminate the bonding between two surfaces. Release agents have a moist surface and tendency of stickiness. Release agents are used for the release of rolls and bread, high sugar baked food, dry baked goods, perforated sheets, and baking sheets.

Moreover, release agents are also used for moulds coated with teflon which will increase the service life of the coating. Release agents such as white mineral oils, acetylated, monoglycerides, stearic acid, and polyethylene glycols are applied for food processing equipment especially for assemblies that directly contact with food substances.

In baking process, the release agent is an essential component with diverse physical properties that are used for different stages of baking process. It is important to have a proper selection of a release agent to provide a thin, consistent, and oil film around the processed food.

Release Agents Market: Drivers and Restraints

Release agents market are witnessing maximum growth owing to good physical stability. Moreover, they are easy to apply by spraying, and also increasing use of natural or organic agents which have a favorable impact on release agents and demand for bakery products are driving the global market. Moreover, change in the eating habits and growing industrial food productions are some other factors expected to flourish the Release Agents market. However, risk of release agent’s reaction with the food or surface of the pan, detrimental effect on the taste and odor of food, allergenic substances in release agents and stringent government regulations for health & safety may hamper the growth of release agents market in near future.

Release Agents Market: Overview

Based on application, bakery release agent is classified into various categories such as trough grease, divider oil, bread pan oil, pan grease and specialty release agents which help to eliminate sticking points, make the mould or tray hydrophobic, and form an uninterrupted film between the surfaces. The use of fatty acid in vegetable oil helps in oxidation stability and has a propensity to polymerization. Moreover, hydrogenated and animal fats are hardly used in release agents. Based on composition, waxes & emulsified waxes have a good release action which controls the viscosity of release agents, and improved distribution of the release agents on the surface. It also reduces the risk of resinification and avoids turbidity of oil.

Release Agents Market: Region-wise Outlook

Depending on the geographic region, Release Agents market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. North America dominates the Release Agents marketfollowed by Europe, Japan owing to food technological advancement, high awareness, and high consumption of processed foods. Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth in terms of rising demand for bakery products such as pastries, bread, cakes and biscuits, growing stand of living, increasing health awareness along with increasing disposable income and rising demand for processed food.

Release Agents Market: Key Players

Key players of Release Agents market are Par-Way Tryson, AAK AB, Associated British Foods Plc, Avatar Corporation, Archer Daniels Midland Company, and Mallet & Company.

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

Regional analysis includes

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

A Detailed Full Report: Gain full access to the Release Agents Industry report, including Market Forecast, Company Share Analysis, Competitive Intelligence, DROT Analysis, Market Dynamics, Challenges, and Strategic Growth Initiatives.

Release Agents Market: Segmentation

Based on composition, the release agents market is segmented into the following:

Vegetable Oils
Emulsifiers
Waxes & Emulsified Waxes
Antioxidants
Others

Based on type, the release agents market is segmented into the following:

Solid Release Agents
Fluid Release Agents
Water-based Release Agents

Based on application, the release agents market is segmented into the following:

Meat
Bakery & Confectionery
Processed Food

About Future Market Insights (FMI)

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Global Propylene Market Set to Reach USD 155.8 Billion by 2034, Growing at 3.7% CAGR

In 2024, the global propylene market is valued at USD 108.3 billion and is expected to grow at a compound annual growth rate (CAGR) of 3.7% over the next decade. This steady growth trajectory suggests that the market could expand to approximately USD 155.8 billion by 2034, driven by increasing demand across various industries such as automotive, construction, and packaging.

Propylene, also known as propene, is a crucial chemical compound in the petrochemical industry. It is a colorless gas with a faint odor and is primarily used as a raw material for the production of various chemicals and polymers.

Ready to Expand Your Horizons? Request a Sample of the Propylene Market and Explore New Growth Opportunities Now!

Propylene Market Key Trends

Sustainability: There is a growing emphasis on sustainability, with efforts to develop more eco-friendly production processes and increase the use of recycled materials.
Market Consolidation: The propylene market is witnessing consolidation as major players seek to enhance their production capabilities and market share.
Innovation: Advances in catalyst technologies and process optimization are driving improvements in propylene production efficiency and reducing costs.

Regional Insights

North America: The United States and Canada are significant players in the propylene market due to their robust petrochemical industries and advancements in production technologies. The rise in shale gas production has also contributed to an increase in propylene supply.
Asia-Pacific: This region is the largest consumer of propylene, driven by high demand for polypropylene in countries like China, India, and Japan. Economic growth and industrial expansion are key factors influencing the market here.
Europe: European markets are focusing on sustainability and are investing in technologies to reduce the environmental impact of propylene production. The demand is also supported by the automotive and packaging sectors.

Leading Propylene Market Players

BASF SE
The Dow Chemical Company
ExxonMobil Corporation
LyondellBasell Industries N.V.
Saudi Basic Industries Corp. (SABIC)
BP Plc.
Sinopec Corp.
Total S.A.
Valero Energy Corp.
Royal Dutch Shell PLC
Reliance Industries Ltd.

Contact Our Sales Team Now to Discuss How You Can Acquire This Report and Gain Valuable Insights for Your Business.

Key Segments of Market Report

By Derivatives:

On the basis of derivatives, the industry is segmented into propylene oxide, polypropylene, acrylonitrile, acrylic acid, cumene/phenol, oligomers, alcohols, acrylates, and others.

By End-use Industry:

Based on the end-use industry, the industry is categorized into automotive, construction, consumer goods, electronics, packaging, textiles, and others.

By Region:

A regional analysis of the market is conducted across North America, Latin America, Western Europe, South Asia, East Asia, Eastern Europe, and the Middle East and Africa.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Body Fat Measurement Market Poised for 6.6% Growth by 2033 | Report By FMI

The body fat measurement market might not be sprinting, but it’s definitely in a steady jog towards a healthy future. A recent FMI study projects the market to reach a robust US$ 1,283.85 million by 2033, with a steady CAGR of 6.6%. Here’s why you, as a decision-maker, should join the race:

Capitalize on the Wellness Revolution:

Sedentary Lifestyles Drive Demand: The rise of hybrid and remote work cultures has led to increased sedentary lifestyles, fueling the need for body fat measurement tools for health monitoring.
Global Growth Potential: North America currently dominates the market, but Europe and Asia Pacific are catching up. Expand your reach to tap into these burgeoning markets.

Get Recently Updated Report of Market as Sample Copy!

Embrace Technological Advancements:

Bioelectrical Impedance Analysis (BIA): Currently leading the pack, BIA devices offer a convenient and user-friendly approach to body fat measurement.
Dual-Energy X-ray Absorptiometry (DXA): While currently a smaller segment, DXA technology offers superior accuracy, positioning you at the forefront of innovation.

Meeting the Needs of a Health-Conscious Consumer:

Obesity on the Rise: The growing prevalence of obesity underscores the importance of body fat measurement for managing weight and overall health. Offer solutions that empower individuals to take control.
Fitness for All: The fitness culture is booming, with people of all ages prioritizing health and wellness. Provide accurate and convenient body fat measurement tools to cater to this growing demand.

A Decision Maker’s Guide to Success:

Focus on Convenience: Develop user-friendly and accessible body fat measurement solutions that seamlessly integrate into daily routines.
Accuracy is Paramount: Invest in innovative technologies like DXA to offer the most precise measurements, catering to health-conscious consumers.
Target the Global Market: Don’t limit yourself! Develop strategies to expand your reach into regions like Europe and Asia Pacific, where the body fat measurement market is flourishing.
Align with Wellness Trends: Position yourself as a partner in the global wellness movement by offering body fat measurement tools that empower individuals to achieve their health goals.

The body fat measurement market offers a stable and growing opportunity. By focusing on convenience, accuracy, and global expansion, you can ensure your brand stays ahead of the curve.

One of the main drivers for these devices is rising obesity among mobile millennial individuals balancing a fast-paced and sedentary lifestyle. Because millennials share this dual balance between health and technology awareness, manufacturers view wearable as an appealing route to enter the stream. In addition to wearable technology, manufacturers has also concentrated on increasing the accuracy of these devices aimed at enhancing precise patient outcomes. But the slow-paced growth is limited by some market restraints.

Key Highlights of the Body Fat Measurement Market

The body fat measurement market was valued at US$ 492.22 million in 2018.
North America is the leading market with a share of 33% through 2033.
Asia Pacific holds the prominent CAGR of 8% through 2033.
BIA is likely to account for a 22% share of the market.
Dual-energy X-ray absorptiometry is one of the significant product types with high growth potential.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!

Top Body Fat Measurement Market Players

The key players in the body fat measurement market deploy numerous strategies as a resort to market sizing. Key strategies followed by players include entering into partnership agreements, acquisitions, mergers, and expansions into new markets.

Product diversification is a crucial key to entering the developing markets for manufacturers of body fat measurement devices. In addition to this, collaborations with key end users can bode well for the market players during the forecast period.

In October 2022, Inbody Ltd. entered into a partnership with iLoveKickboxing for offering on-site body composition testing at the United States and Canada locations.

In January 2022, Inbody Ltd. collaborated with Orangetheory Fitness for providing reliable and accurate body composition information across its chain of studios.

Key Segments in the Market

By Product:

DEXA
BIA

By End User:

Gyms
Fitness Centers
Hospitals and Clinics

By Region:

North America
Latin America
Asia Pacific
Middle East and Africa
Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Triathlon Clothing Market is Assessed to Trail at a CAGR of 9% During Forecast period By 2033

The triathlon clothing market is experiencing a winning streak! Projected to reach a staggering US$ 4,928.61 million by 2033, with a steady CAGR of 9%, this market offers a golden opportunity for industry leaders to dominate the podium. Here’s why you should be part of the race:

Capitalizing on the Triathlon Craze:

Event Boom: Governing bodies are sanctioning more triathlon events than ever before, creating a surge in demand for specialized apparel.
Multisport Mania: Participation in running, cycling, and swimming is exploding, and triathlons offer the ultimate multisport challenge. Meet this demand by providing high-performance triathlon clothing.

Get Recently Updated Report of Market as Sample Copy!

Emerging Market Momentum: Rapid commercialization and evolving lifestyles in developing economies are creating a wave of new triathletes. This is your chance to expand your market reach.
Health is Wealth: Growing public awareness of obesity and the benefits of swimming and cycling is driving interest in triathlons. Position your brand as a partner in a healthy lifestyle.

Innovation is Your Competitive Edge:

Tech for Athletes: Leading manufacturers are prioritizing technological advancements in triathlon clothing. Offer features like UV protection and performance-enhancing fabrics to stand out from the competition.
Championships Create Champions: The rising popularity of triathlon championships elevates the sport’s profile. Partner with these events to showcase your cutting-edge apparel.
Reaching New Audiences: Millennials and women are increasingly embracing sports. Develop marketing campaigns that resonate with these demographics.

Market Trends to Leverage:

Sun Protection and Performance: Design triathlon clothing that offers both UV protection and performance-enhancing benefits. This caters to athletes’ needs for safety and peak performance.
Strategic Marketing: Implement creative advertising campaigns alongside targeted branding strategies to ignite interest in triathlon and its associated apparel.

Challenges to Overcome:

Price Wars: Intense competition among manufacturers can lead to price pressure. Focus on the value proposition of your high-quality triathlon clothing to justify premium pricing.
Cost of Quality: Creating top-tier triathlon apparel can be expensive. Invest in efficient production processes to maintain quality without compromising profitability.
Distribution Dilemmas: A weak supply chain and limited distribution channels can hinder market growth. Develop robust partnerships to ensure your products reach a wider audience.

Government Support for Growth:

Building a Sporting Future: Government initiatives to create sports infrastructure are fostering industry growth. Align your brand with these efforts to benefit from increased interest in sports.

By addressing market challenges and capitalizing on emerging trends, you can propel your brand to the forefront of the triathlon clothing market. Embrace innovation, cater to the growing triathlon community, and become the trusted partner for athletes pushing their limits.

Compelling Market Trends

Significant increases in the population particularly in triathlons and other sports, such as running, cycling, and swimming are expected to bode well for the overall market. Growing emphasis of top manufacturers on technological upgradations of triathlon clothing.

Expanding awareness associated with sports among women and millennials is predicted to fuel market growth over the projection period. Moreover, triathlon clothing is now being designated to efficiently protect from UV radiation and facilitate professional athletes to give superior performance.

The effective deployment of marketing strategies along with brand positioning and creative advertising is likely to invigorate interest in triathlon and associated apparel throughout the evaluation period.

Restraints

Market growth is anticipated to be restricted by the strong pricing pressure among manufacturers. Furthermore, high prices associated with the production of premium-quality triathlon apparel are anticipated to hamper the market growth.

The widespread availability of alternatives in the market along with a feeble supply chain and the absence of a vigorous distribution channel might hinder the scope of the market.

Competitive Landscape

The competitive landscape of the triathlon clothing industry is likely to get marked by several key players. Top companies in the market are employing expansion tactics like partnerships, mergers, and acquisitions, and releasing novel products to gain a competitive edge over other players.

Key Developments

In April 2022, Zone3 Ltd. introduced a breaststroke wetsuit. The launch of this product was in response to the widening population base seeking something they can swim breaststroke and front crawl with. The product is predicted to become necessary sportswear for open-water swimmers. Zone3 Ltd., Zoot Sports, De Soto Clothing Company, Inc, Louis Garneau Sports, Fanatics Inc., 2XU, Pearl Izumi, Orca, Kiwami Triathlon, TYR SPORT. INC.

Gain Immediate Access to Detailed Market Insights!

Triathlon Clothing Market by Category

By Type

Tri Tops
Tri Shorts
Tri Suits

By Application

Men
Women

By Distribution Channel

Online
Offline

By Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

Valuable Insights into the Triathlon Clothing Market

The North American region is likely to dominate the global triathlon clothing market over the forecast period. The United States clothing industry is estimated to account for a prominent share of the market over the assessment period.

The growth of the region is attributed to the high density of national and international level competitions in the country. Competitions like Sprint Triathlon Championship takes place in the country on an annual basis. In addition to this, eight Ironman races are also observed that involve an average of 16,000 Ironmen and women.

The triathlon clothing industry in the United Kingdom is predicted to witness a healthy growth rate over the coming years. As per the ‘European health and fitness market report 2020’, published by Europe Active, the number of people who go to fitness and health clubs crossed 65 million in the year 2019.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us: