Market Research Blog – Page 3082 – New Product Development

Plush Blanket Market Wraps Up US$ 787 Million by 2033, CAGR of 5.4% Ignites Cozy Comfort Boom

The global plush blanket market is all set to snuggle its way towards a projected value of US$ 787 million by 2033, fueled by a Compound Annual Growth Rate (CAGR) of 5.4%. This warm and fuzzy market is witnessing a surge in popularity, driven by innovation and versatility.

Looking Forward: A Snug Future for Plush Blankets

The plush blanket market’s future looks bright, driven by:

Continuing Innovation: Manufacturers who focus on developing even softer, more innovative materials and designs are well-positioned for success.
The Rise of “Hygge”: The growing global trend of “hygge,” emphasizing coziness and well-being, further fuels the demand for plush blankets.
Multifunctional Appeal: The versatility of plush blankets as a source of comfort, warmth, and style ensures their continued relevance in modern homes.

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The market for plush blankets is projected to rise as a result of the real estate sector’s rapid improvement. Sales of luxurious blankets are increasing as more upscale bedding becomes available for home use. People who have well-decorated homes are more hospitable and more motivated and interested to work from home. Plush blankets additionally offer premium along with fancy bedding assistance to customers, as well as aesthetic delight.

The market for plush blankets is anticipated to develop as internet usage increases and online distribution channels like Walmart and Amazon continue to grow. One of the main elements influencing the selling of plush blankets via online channels is the superior convenience and accessibility of a broad selection of items. India’s expanding infrastructure is opening up opportunities for investments in the hospitality industry, particularly in hotels and resorts. The presence of several multinational hotel chains is growing in India, which is anticipated to drive sales of plush blankets within the commercial sector in India during the course of the assessment year.

Key Takeaways from the Market Study

Between 2018 and 2022, the demand for plush blankets increased at a 4.6% CAGR.
In 2022, the residential sector was estimated to have 31% of the market share for plush blankets overall.
Over the projection period, demand for plush blankets of the twin size is anticipated to grow at a 5.2% CAGR.
Sales of plush blankets through online channels are anticipated to grow at a 7.2% CAGR until 2033.
The market for plush blankets in Russia is anticipated to grow at a 4.8% CAGR over the forecast period.
Over the course of the assessment period, plush blanket sales in the United States are anticipated to increase at a 4.9% CAGR.

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“The growing popularity of plush blankets has been fueled by the increased use of plush, lightweight materials that provide precise warmth,” remarks an FMI analyst.

Competitive Landscape

Leading companies in the worldwide plush blanket market are putting a lot of effort into research and development in order to introduce cutting-edge goods and services to the market. Well-known businesses are also attempting to form strategic alliances with local distributors and consumers in order to increase their market presence.

Prominent players in the plush blanket market are:

L.Bean Inc.
Bed Bath & Beyond Inc.
American Blanket Company.
Sunbeam Products, Inc.
Home Depot Product Authority, LLC.
Bare Home
Utopia Deals
FleecePro
Plush Addict
Shannon Fabrics Inc.
Robert Kaufman Fabrics

Some key developments of the leading companies in this market are:

A personalized Space Shuttle Launch Rocket Plush Blanket is available from PIXERS.
Jay Franco & Sons, Inc.’s Avengers-themed plush blankets are available through Zulily, LLC.

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More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global plush blanket market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the plush blanket market, the market is segmented on the basis of plush blanket by type (twin, twin XL, full, queen, king), sales channel (direct sales, hypermarkets/ supermarkets, specialty stores, online retailing, convenience stores), end-use (residential, commercial) and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Probiotic Powerhouse: Probiotic Cosmetics Market Poised for US$681.5 Million Growth by 2033

The probiotic cosmetics market is predicted to be valued at US$ 343.3 million in 2023 and US$ 681.5 million by 2033. Over the projection period, sales in the probiotic cosmetics market are expected to increase at a CAGR of 7.1%. A promising opportunity lies in the expanding consumer awareness and demand for natural and sustainable products. Probiotic cosmetics offer a holistic approach to skincare by leveraging the benefits of live bacteria strains. This trend aligns with the increasing preference for clean, green, and ethically sourced beauty products, creating an opportunity for brands to tap into this growing consumer segment.

An emerging trend is the integration of advanced technology in the manufacturing and formulation of probiotic cosmetics. Companies are investing in research and development to identify new probiotic strains, optimize delivery systems, and enhance the stability and efficacy of live bacteria in cosmetics. This technology-driven approach allows for the development of innovative products with improved performance and results. There is a growing emphasis on personalized skincare solutions. Probiotic cosmetics can be tailored to individual needs, addressing specific skin concerns such as acne, sensitivity, or aging. This customization trend opens up opportunities for brands to offer personalized probiotic skincare regimes, leveraging data-driven insights and formulation techniques.

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The rising popularity of probiotic supplements and the understanding of the gut-skin connection present an opportunity for cross-category collaborations. Companies can explore partnerships between the probiotic cosmetics and nutraceutical industries to offer comprehensive wellness solutions that address both internal and external factors affecting skin health.

Key Takeaways from the Probiotic Cosmetics Market:

As per FMI, the United States is spearheading the growth across North America, accounting for nearly 25.2% of market share in 2022.
Sales of probiotic cosmetics are expected to surge at 13.1% CAGR across China in 2022.
Germany is expected to account for 6.7% of the total market share in Europe.
As per Future Market Insights, facial care products are expected to dominate the product type with a market share of 39.2%.
As per FMI, the tubes segment is poised to expand at over 27.3% CAGR in 2022.

“The analyst remarks that the probiotic cosmetics market is experiencing significant growth due to increasing consumer demand for natural and beneficial skincare products”, remarks an analyst at FMI.

How Key Players are revolutionizing the Manufacturing of Probiotic Cosmetics Market?

Key players in the manufacturing of probiotic cosmetics products are revolutionizing the market through innovative approaches to combat the negative effects of pollution on hair health. These companies are developing specialized formulations infused with protective ingredients that shield hair from pollutants and environmental stressors. They are integrating cutting-edge technologies, like microencapsulation, to provide specific nourishment and repair for damaged hair. Major industry players are dedicating significant resources to extensive research aimed at comprehending the effects of pollution on hair. As a result, they are developing solutions that not only cleanse and condition hair but also enhance its resilience and revive its inherent vitality. Through their revolutionary products, these key players are addressing a growing concern and providing consumers with effective ways to protect and maintain healthy hair in polluted environments.

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Key Players in the Market:

L’Oreal SA
Procter & Gamble
Unilever Plc
Arbonne International LLC
KORRES SA
L’OCCITANE
Johnson & Johnson Consumer Inc
Amway
Andalou
Aurelia London.
BIOMILK™ Skincare
Columbia SkinCare.
EMINENCE ORGANIC SKIN CARE
LaFlore® Probiotic Skincare
ESSE SKINCARE
Marie Veronique.
ESTÉE LAUDER COMPANIES

Product Portfolio:

Johnson & Johnson offers a diverse product portfolio, including skincare, baby care, oral care, and over-the-counter medicines. Their brands include Neutrogena, Aveeno, Listerine, and Tylenol, providing consumers with trusted and reliable products for their personal care needs.
Amway’s product portfolio encompasses health, beauty, and home care. They offer a range of nutritional supplements, skincare products, cosmetics, cleaning solutions, and more. Amway’s brands include Nutrilite, Artistry, and Home Care, providing customers with high-quality products for a holistic approach to wellness and everyday living.

More Insights Available

Future Market Insights offers an unbiased analysis of the probiotic cosmetics market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the probiotic cosmetics market, the report is segmented on the basis of By Product Type (Facial Care products (Creams & Lotions, Serums, Scrubs & Masks and Others), Hair Care products (Shampoos, Conditioners and Others), Make-up products and Body Care products), By Consumer Orientation (Male and Female), By End-Use (Individual and Professional Services), By Price Range (Economy (Below US$30), Mid-Range (US$30 to US$60) and Premium (Above US$60)), By Packaging (Tubes, Bottles, Jars, Pumps and Dispensers and Others, By Sales Channel (Hypermarkets/ Supermarkets, Multi brand store, Specialty stores, Online retailing, Drug & Pharmacy stores and Others), across 5 major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

About the Consumer Product at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

Author

About Future Market Insights (FMI)

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Nandini Singh Sawlani

Demand for Degassing Valves Market to Exceed US$ 237 Million in Next Ten Years. FMI Analysis Report

The global degassing valves market was worth around US$ 140.4 million in 2022. The sales of degassing valves globally are expected to increase at an average CAGR of 5% from 2023 to 2033. The market report further predicts the overall market to reach US$ 237.8 million by the end of this forecast period.

Flexible bags and pouches with degassing valves are getting actively adopted by retail coffee suppliers to increase the product’s shelf-life. Shifting preferences towards flexible packaging solutions for other food products is expected to boost sales of degassing valves.

The bio-based material segment is expected to witness higher rates of growth throughout the projected period, with a CAGR above 5%. However, the sales of degassing valves made up of polyethylene or polypropylene are projected to remain dominant during this period. The easy availability and affordable cost of PE degassing valve bags are regarded to be the main reason behind this trend.

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Key Takeaways from the Degassing Valves Market Study Report

Sales of degassing valves are projected to expand up to 1.5x of the current market value in the next ten years.
Higher consumption of all types of coffee products in the United States makes it the leading user of degassing valves. Currently, it accounts for nearly 13.5% of the total revenue generated by the one-way degassing valves market globally.
Many European countries now follow the United States in the consumption of coffee-based beverages that are imported and locally produced. Germany is the prominent country for the production of coffee bag degassing valves with a global market share of 5.1%.
The demand for degassing valves in the United Kingdom is growing at a faster rate. According to the FMI report, the sales of degassing valves in this country are projected to grow at 3.7% through 2033.
In the Asia Pacific region, China is the leading country for the production of vacuum degassing valves. With a strong base for manufacturing industries, the Chinese degassing valves market is predicted to follow a 6.9% CAGR through 2033.
The popularity and quantity of coffee consumed in India are growing perceivably owing to having a favorable demographic advantage. During the forecast years, the demand for degassing valves is predicted to progress at an above-average rate of 5.3%.
Australia is notably known for its higher demand for coffee-based products and drinks globally. As per the FMI survey report, currently, it holds a market share of 4.2% while Japan contributes only 2.8%.
Based on product type, the filter-integrated degassing valves are the dominant segment with a 73.6% market share. In the year 2022, the net worth of revenue accrued from sales of degassing valves with the integrated filter was around US$ 103.5 million.
The one-way degassing valves are still prominently used for packaging roasted coffee beans and powder. As per the FMI, this end-user segment contributes almost 70.9% of the revenue generated by the global market.

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Competitive Landscape for the Degassing Valves Market Players

Some leading companies producing degassing valves are Fres-co System, TricorBraun Flex, Plitek Valves, Syntegon Technology, Layfield Group, and Amcor. Market players are primarily resorting to tie-ups with coffee processing industries. Moreover, degassing valve bag producers to achieve the business of scale.

To obtain a competitive edge, several firms are engaging in mergers, and partnerships with packaging products manufacturers at the local level. Leading companies that are competing globally are spending money on research & development. In order to create flexible packaging for items besides coffee.

Key Segments Covered by Degassing Valves Industry Survey Report

Degassing Valves Industry Segments by Product Type:

Filter Integrated Valves
Non-Filter Integrated Valves

Degassing Valves Industry Segments by Material Type:

Polyethylene (PE) Valves
Polypropylene (PP) Valves
Bio-based Valves
Silicone Valves
Other Valves

Degassing Valves Industry Segments by Packaging Format:

Bags
Pouches

Degassing Valves Industry Segments by End Use:

Coffee Making
Dairy Products
Pet Food Production
Fermented Foods Processing
Dry Powder Chemicals Preparation
Other End Uses

Degassing Valves Industry Segments by Region:

North America
Latin America
Europe
The Middle East and Africa
East Asia
South Asia
Oceania

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:

Nandini Singh Sawlani

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
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The Increasing Demand for Storage Space and Easy Access to Products is Likely to Boost the Warehouse Racking Market. FMI Records a CAGR of 3.8% from 2023 to 2033.

The warehouse racking market is expected to increase from US$ 7,464.9 million in 2023 to US$ 10,839.2 million by 2033.

Increasing Demand for Storage and Warehousing

The expanding online retail industry is expected to support market growth over the forecast period. Warehouse racking aids in the optimization of storage spaces and enhances storage capacity. Furthermore, it improves the organization of the stored products. The systematic arrangement of products in the warehouse facilitates order identification, picking, and completion.

Storing finished goods increases a company’s operating costs. But when done correctly, it offers value by maintaining product availability in the market. Storage and warehousing are thus essential secondary activities for the organization. As a result, businesses are increasingly outsourcing warehousing and storage to logistics service providers.

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Logistics partners offer warehousing solutions for incoming raw materials and outgoing finished goods. Such as specially designed shelves and racks, inventory control software, and specialized material handling equipment. It also possesses the ability to order raw materials and parts and ship goods on behalf of customers. As a result, they add value to organizations’ inbound and outbound logistics while being cost-effective. This is increasing the demand for warehouse racking.

Racking systems such as drive-in or drive-through racks and mezzanine flooring warehouse racks help to maximize storage density by maximizing area utilization. Furthermore, as many organizations optimize their warehouses, the need for racking systems rises because these systems efficiently utilize space.

Key Points from the Market

The market is expected to surpass US$ 10.70 billion by 2033.
The primary factors driving the market include the increasing popularity of online stores, new product releases, and increased mergers and acquisitions.
The warehouse racking market is expected to capture a CAGR of 3.8% during the forecast period 2023 to 2033.
North America dominated the warehouse racking market.

Key Players:

Daifuku
SSI Schaefer
Interroll
Dematic
Vanderlande
AK Material Handling Systems
Beumer
Constructor
Dmw&H
Godrej Storage Solutions
Warehouse Rack & Shelf LLC.
Steel King Industries, Inc.

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Key Development in the Market

November 2021 – Tee Yih Jia Food Manufacturing Pte Ltd, a leading manufacturer of frozen foods, and SSI SCHAEFER. A leading global provider of storage and logistics solutions announced the launch of Singapore’s automated rack stilt warehouse in the first quarter. Opened in Tea. New his 450-Yih Jia million-dollar manufacturing facility in Senoko in 2022 – Tee Yih Jia Food Hub.
March 2020 – Dematic introduced the Dematic Multishuttle 2 E, the recent iteration of its warehouse automation technology. In addition, the company concentrated on inorganic growth tactics such as acquisitions and partnerships, which allowed for portfolio expansion.
June 2021 – Interroll broadens its range of services to better serve system integrators and end users, including the organization and use of the new spare parts warehouse. Interroll offers new and existing customers on a new organizational basis the services sold under the Interroll Lifetime Service.
July 2019 – Groupe Legris Industries acquired Laulagun Bearings. The company designs and manufactures large-diameter bearings for wind turbines (blade and yaw bearings) and other industries. It also lifts and handles equipment and water treatment.

Key Segmentations:

Product Type:

Roll Formed Selective Pallet Rack
Structural Selective Pallet Rack
Push Back Pallet Rack
Drive in Pallet Rack

Application:

Automotive
Food & Beverage
Retail
Packaging
Manufacturing

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East and Africa

Author

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Baking Molds And Trays Market is Expected to Expand at a Significant 6.1% CAGR 2033 | Future Market Insights, Inc.

The baking molds & trays market is predicted to be worth US$ 840.9 million in 2023, and rise to US$ 1,520.3 million by 2033. Demand is expected to increase at a CAGR of 6.1% during the projected period.

Due to the rising demand for convenience foods, the global baking molds and trays sector has experienced significant expansion in recent years. Baking molds and trays are a common option for both commercial and residential uses since they make baking meals quick, simple, and effective. A wide range of meals may be baked evenly due to the heat-resistant construction of baking molds and trays.

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The need for baking molds and trays is rising as consumers seek convenience and a wide variety of goods. For instance, the comfort and simplicity of washing non-stick silicone baking molds and trays have led to a rise in demand. Due to consumer desire for customized products, there is also an increase in the demand for bespoke baking trays and molds.

The market is expanding as a result of rising consumer demand for environmentally friendly and sustainable baking trays and molds. Manufacturers are concentrating on creating goods out of organic and biodegradable materials, including silicone, glass, and bamboo. Finally, the industry is expanding due to the rising demand for visually appealing, vibrant, and fashionable baking molds and trays.

Key Takeaways

In 2022, the United States ruled the baking molds & trays market, with a share of 15.2%.
The baking molds & trays market increased at a 3.1% CAGR between 2016 and 2022, citing FMI’s study.
The expansion of the market is anticipated to reach a market value of US$ 1,426.8 million by 2031.
The expansion in China is anticipated to expand at an adequate CAGR of 6.53% by 2033. China’s market is likely to generate a share of US$ 115.7 million by 2033.
Germany’s baking molds & trays market was expanding significantly, at a share of 2.7% in 2022.
Between 2023 and 2033, the baking molds & trays sector is likely to increase in India with a size of US$ 78.8 million.
The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 4.86% by 2033.
Based on material, metal led with a market share of 32.6% in 2022, and continues to dominate the sector during the forecast period.
Based on cavity type, multiple cavities are projected to lead the market by 2033. Initially, it was expanding at a market share of 79.9% in 2022.

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Key Strategies in the Industry

Companies that provide baking molds and trays are looking to grow their business and form strategic alliances with other producers to increase their product portfolio, product manufacturing capacity, and global presence. Many start-ups are focusing on providing cutting-edge solutions for the baking industry in this highly competitive market. The leading start-up companies in the baking molds and trays market include Bake Boss and Bake Rite.

Recent Developments

New THC Chocolate Bar Polycarbonate Mold, a 9-piece multiple cavity baking molds constructed from FDA 21 CFR Compliant Polycarbonate, was introduced by Bold Maker in March 2021.
Hans Brunner GmbH grew by establishing its first international subsidiary in Brazil in October 2020. Companies can complete client tasks quickly by communicating in local languages and eliminating time zones.

Key Segments

By Cavity Type:

Single
Multiple

By Material:

Plastic
Silicone
Metal
Wooden
Others

By End Use:

Commercial
Household
Industrial

By Region:

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

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:

Nandini Singh Sawlani

Revolutionizing Sustainability: Exploring the Booming Plastic Jar Packaging Market Valued at US$ 35309.19 Million by 2033 | FMI

Global Sustainable Plastic Containers market is expected to be valued at US$ 27051 million in 2023 and to reach a valuation of US$ 35309.19 million by 2033. The demand for plastic jar packaging is estimated to grow at a steady 2.7% CAGR.

Sustainable Plastic Containers is a popular choice for a wide range of products, from food and beverages to personal care items and household goods. The market for plastic jar packaging is growing, driven by factors such as increasing demand for convenient and lightweight packaging, as well as advancements in technology that have made plastic jars more durable and eco-friendly.

One major trend driving the growth of the Sustainable Plastic Containers market is the increasing demand for convenient and lightweight packaging. Plastic jars are lightweight and easy to transport, making them a popular choice for manufacturers and consumers alike. They are also easy to open and close, making them convenient for on-the-go usage. This trend is particularly prevalent in the food and beverage industry, where plastic jars are commonly used to package products such as jams, sauces, and dips.

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Another trend driving the growth of the Sustainable Plastic Containers market is the increasing focus on eco-friendly packaging. Plastic jars are now being made from recycled materials, making them more sustainable and environmentally-friendly. Additionally, many manufacturers are now using lighter-weight plastics, which use less energy to produce and reduce carbon emissions. This trend is becoming more and more important as consumers become more environmentally conscious and demand more sustainable options.

The advancements in technology are also playing a vital role in the growth of the plastic jar packaging market. New technologies like blow molding, injection molding, and thermoforming have made plastic jars more durable and resistant to impact, making them more suitable for packaging a wide range of products. Additionally, new packaging designs like tamper-evident closures and child-resistant closures have also made plastic jars more secure and safe.

The plastic jar packaging market is segmented based on type, application, and region. Based on type, the market is segmented into polyethylene terephthalate (PET), polypropylene (PP), and others. Based on application, the market is segmented into food and beverage, personal care, and household goods. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America.

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Leading players operating in the plastic jar packaging market are Alpha Packaging Inc., Ontario Plastic Container producers Ltd., Cospak Pty Ltd., Gepack Srl, Amcor Limited, Berry Global Inc., Gerresheimer AG, Olcott Plastics, Inc., RPC M&H Plastics Ltd., All American Containers, Inc., Tim Plastics, Inc., Pretium Packaging, LLC, Integrity Cosmetic Container Industrial Co., Ltd., Silgan Holdings Inc., Taral Plastics, Inc., SKS Bottle & Packaging, Inc., Neville and More Ltd., Ltd. Plasmo Pty Ltd, Zenith Global Ltd, Thornton Plastics Co., and Rayuen Packaging Co., Limited.

Regional Analysis-

North America is expected to dominate the global plastic jar packaging market due to the presence of a large number of food and beverage manufacturers in the region. The Asia Pacific region is also expected to witness significant growth in the plastic jar packaging market, driven by the increasing demand for packaged food and beverages in the region.

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Key Segments-

By Material Type:

Polyethylene Terephthalate (PET)
Polyethylene (PE)
Low-Density Polyethylene (LDPE)
High-Density Polyethylene (HDPE)
Polyvinyl Chloride (PVC)
Polypropylene (PP)
Polystyrene (PS)
Others (polycarbonate, polylactide etc.)

By Capacity:

Less than 10 Oz
11 – 30 Oz
31 – 60 Oz
More than 61 Oz

By End Use:

Food and Beverages
Personal Care & Cosmetics
Homecare
Pharmaceuticals
Chemicals
Others

In conclusion, the plastic jar packaging market is expected to grow in the coming years, driven by increasing demand for convenient and lightweight packaging, advancements in technology, and a growing focus on eco-friendly packaging. Manufacturers are focusing on introducing new and innovative packaging designs, which will be beneficial for the growth of the market. The plastic jar packaging market is a highly competitive market and the leading players are focusing on strategic collaborations and mergers and acquisitions to increase their market share.

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Women’s Socks Market Stepping Up in Style: Reaching US$30.25 Billion by 2032

The women’s socks market is strutting its stuff towards a projected market value of US$ 30.25 billion by 2032, boasting a steady growth rate of 5.9% CAGR. This significant rise reflects a transformation in the way we view socks, with comfort and style now walking hand-in-hand.

From Practical to Chic: A Fashion Revolution

Gone are the days of socks as mere necessities. The women’s socks market is thriving thanks to several key trends:

Socks Take Center Stage: The introduction of luxury socks and styles designed for specific functions has elevated them from basic essentials to statement pieces.
Outperforming Apparel: The women’s socks market is outpacing the growth of the overall apparel industry, showcasing the growing importance of this fashion staple.
Emerging Market Boom: The rapid expansion of retail networks in countries like China, Brazil, and India, fueled by rising disposable income, is creating a strong demand for women’s socks.

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Variety is the Spice of Life (and Socks):

The women’s socks market caters to diverse needs and preferences:

A Rainbow of Choices: Socks are now available in a wide range of colors, patterns, and designs, allowing for self-expression and outfit coordination.
Comfort Matters: Different types of fabrics, including polyester, cotton, and nylon, ensure maximum comfort and foot health.
Function Meets Fashion: From cozy fuzzy socks to stylish ankle socks, there’s a perfect pair for every occasion.

Distribution Channels: Where to Find Your Perfect Fit

When it comes to buying women’s socks, consumers have a variety of options:

Brick-and-Mortar Dominance: Offline channels like hypermarkets and supermarkets still hold a major market share, offering a convenient shopping experience.
E-commerce on the Rise: The increasing popularity of smartphones and online shopping platforms is driving demand for women’s socks in both emerging and developed economies.

Looking Forward: Stepping into the Future

The future of the women’s socks market looks bright, driven by:

Smart Casual Revolution: The growing acceptance of business casual attire in workplaces is creating a need for stylish and professional socks.
Social Media Influence: The power of social media continues to shape fashion trends, promoting the use of women’s socks as a key part of an outfit.
Workwear Accessory: Socks are increasingly viewed as an essential workwear accessory, further propelling market growth.
Innovation in Design: Manufacturers who focus on innovative designs, high-quality materials, and cater to diverse needs are well-positioned to lead the way in this ever-evolving market.

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So, the next time you reach for your shoes, remember – socks are no longer an afterthought! With a focus on style, comfort, and functionality, the women’s socks market is here to stay, offering endless possibilities for stepping out in style.

Key Takeaways from the Market Study

In 2022, the global women’s socks market is estimated to have a market size of US$ 18.13 Billion.
Women’s socks market in North America acquired 20% of the global market share in 2021.
The APAC region is expected to grow with a 5.8% CAGR, with a market share of 40%
The polyester segment took over 46% of the global Women’s socks market share and is expected to exhibit a 4.5% CAGR during the forecast period.
Offline sales comprised 76% market share in 2021, reflecting a 5.7% CAGR until 2032

Competitive Landscape

The market is populated by several well-established players, as well as several small and medium-sized businesses. Vendors are launching products that meet consumer expectations as fashion consciousness changes. Furthermore, manufacturers are developing new preservative techniques to make their products more durable. A large number of celebrities have endorsed famous brands, contributing greatly to the market’s growth.

In January 2020, “Renewed” socks brand, Happy Socks, partnered with fashion icon Johnny Ramone to create a dynamic new collection of socks.
Active wear company Girlfriend Collective released a line of socks called Everyday GF in June 2020. The socks are made of recycled plastic bottles and are cushioned with extra arch support.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global women’s socks market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of product type (Cotton, polyester, others), by Distribution Channel Type (online, offline) and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Key Segmentations

by Fiber:

Cotton Women’s Socks
Polyester Women’s Socks
Women’s Socks from Other Fibers

by Distribution Channel:

Women’s Socks Sales via Offline Stores
Women’s Socks Sales via Online Stores

by Region:

North American Women’s Socks Market
Europe Women’s Socks Market
Asia Pacific Women’s Socks Market
Middle East & Africa Women’s Socks Market
Latin America Women’s Socks Market

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Nandini Singh Sawlani

Rising Requirements for Safe and Eco-friendly Packaging Solutions Are Expected to Propel Demand for Paper Edge Protectors: FMI Report

The market for paper Edge Protectors is anticipated to grow at a significant CAGR of 4.5% and reach a valuation of US$ 4.56 billion by the end of the forecast period (2023 to 2033). The growth is likely to be driven by the increasing demand for the safe transportation of goods, especially from the pharmaceutical and food industries.

The global market for paper edge protectors is anticipated to gain rapidly in the foreseen years. This is primarily on the basis of sustained and rapid industrialization globally. The rising deman

d presented by different global industries such as pharmaceuticals, food & beverage, and manufacturing, is likely to be the driving force for consistent growth witnessed by the paper edge protectors market over the forecast period of 2023 to 2033.

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Countries such as the United States, Japan, and China are witnessing a rapid increase in production levels which is expected to present opportunities for the market. Industries in these regions are increasing their production capacity with the use of enhanced technology. This is increasing the demand for the transportation of goods and correspondingly surging the market for paper edge protectors.

Key Takeaways from the Market:

The market is expected to grow at a CAGR of 4.5% over the forecast period reaching a valuation of US$ 4.56 billion.
Till the end of the year 2023 the market is expected to reach a valuation of US$ 2.91 billion.
The United States market is anticipated to grow at a promising CAGR of 3.7% over the forecast period.
The market in China is likely to grow at a significant CAGR of 6.7% backed by increased industrialization in the region.
The recycled paperboard segment is expected to grow at a CAGR of 4.1% as it provides an eco-friendly solution for the packaging industry.
The United Kingdom is likely to be the dominant region in Europe and grow at a CAGR of 2.2%.

Competition Analysis for Key Market Players

The big players in the global market for paper edge protectors are engaged in acquisitions of smaller players to expand their portfolio of products and increase production capacity. They are also ensuring to provide better products via enhanced technology for manufacturing. This provides key players to get a competitive edge. Key players are also engaged in collaborations to spread their reach and increase business. Some to the key players in the market include Smurfit Kappa Group Plc, VPK Packaging Group NV, Sonoco Products Company, Packaging Corporation Of America, Rengo Co., Ltd., N.A.L. Company, Inc., Primapack SAE., Konfida., Cascades Inc., Litco International, Inc.

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Recent Development in the Market:

VpK Packaging Group was involved in acquiring a leading manufacturer of paper edge protectors from Finland- Corenso. This acquisition is expected to provide VpK Packaging group with the power to penetrate the European market and also get access to the Chinese market. The company expects to grow its production capacity and expand its revenue via this acquisition.

Key Segments

By Material Type:

Solid Bleached Sulphate
Coated Unbleached Kraft Paperboard
Recycled Paperboard

By Product Type:

Angular
Round

By End-use Industry:

Logistics & Transportation
Warehousing
Manufacturing
- Food & Beverage
- Building & Construction
- Personal Care & Cosmetics
- Pharmaceuticals
- Electrical & Electronics
- Chemicals
- Others (Homecare, Toiletries, etc.)

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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.

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Innovative Barricade Tapes are Setting New Standards in Worksite Safety; Up to 2033, Expand at a Decent 4.4% CAGR.

Sales of barrier tape are predicted to bring in a revenue of US$ 1.13 billion in 2023. By 2033, the barricade tape market is anticipated to reach US$ 1.74 billion, expanding at a CAGR of 4.4% from 2023 to 2033.

Numerous variables, including a rise in infrastructure development and construction projects, are driving up demand for safety tools. This can be attributed to the expansion of the barricade tape market.

The market is primarily driven by the growing construction sector. With an ever-increasing number of projects in the pipeline, the construction sector is flourishing globally. Construction businesses are searching for efficient solutions to demarcate danger zones and safeguard worksites, which is driving up demand for barricade tape.

Another reason propelling the demand for barrier tape is customers’ growing focus on safety and retreat. This happened as a result of the vivid colors used for manufacturing barricade tape to delineate limited areas. This assists to prevent any possible mishaps.

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These tapes are also non-toxic and do not deteriorate easily when removed from surfaces or covered with paint or wallpaper. The usage of barrier tapes has grown as a result of their anti-slip qualities, since they aid in keeping people away from dangerous sites like cliffs and abandoned buildings, which are hard to see at night.

Prominent market players intend to develop barrier tape that is reasonably priced for customers and offers more resistance against environmental elements including dust, ultraviolet (UV) rays, and others. Owing to their sustainability and low carbon footprints, certain industry participants are producing biodegradable barrier tape to increase their customer base.

In terms of revenue, North America is anticipated to account for a sizeable portion of the global barricade tape market during the forecast period. The expansion in this region is caused by a rise in infrastructure and construction activities, which is boosting the demand for barricade tapes.

Key Takeaways

The market in the United Kingdom is anticipated to rise, exhibiting a CAGR of 4.31% through 2033.
The United States dominated the market in 2022 holding a 20.8% share of the global market.
With a CAGR of 7.64% over the forecast period, India is predicted to develop rapidly in the market.
The market in China is expected to proliferate, registering a CAGR of 6.87% over the forecast period.
Germany accounted for 5.1% of the global market in 2022.
The 6 to 8 mm sub-segment of the thickness segment acquired a 40.2% share in 2022.
The plastic sub-segment of the material type segment attained a 62.3% share in 2022.

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Competitive Landscape:

The top manufacturers of the barricade tape market include 3M Company, Shurtape Technologies, LLC, Brady Corporation, Scapa Group PLC, Tesa SE, Surface Shields, Inc., Advance Tape International Ltd., Vibac Group S.p.a., Mutual Industries, Inc., Custom Tape Ltd, Intertape Polymer Group Inc., Yuyao Laisifu Houseware Co., LTD, Nitto Denko Corporation, Ningbo Teagol Adhesive Industry Co., LTD, MAS Corporation, and others.

These businesses have employed a range of tactics to surpass their competitors. They place a high priority on distinguishing their goods and services, increasing productivity and quality, offering exceptional customer service, implementing cost-saving strategies, and building a strong sense of brand awareness. They have boosted their clientele and income by creating new products, buying other companies, making alliances, reforming their organizations, and cooperating.

Recent Developments:

In June 2022, different flame-resistant adhesive tapes were invented by Tesa. tesa® flameXtinct, a novel tape that has previously found success in the construction sector, is also now deployed in the commercial transportation system. These novel adhesive tapes are entirely halogen-free and self-extinguish in the incident of a fire within a limited time.
In September 2020, the construction and development company Skanska USA and 3M revealed that all mainline harnesses bearing the 3M DBI-SALA® brand are likely to work seamlessly with 3M Fall Protection Suspension Trauma Safety Straps.

Market Segmentation

By Thickness:

Up to 2 mm
2 to 4 mm
4 to 6 mm
6 to 8 mm
Above 8 mm

By Material Type:

Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyethylene terephthalate (PET)
- Polyvinyl Chloride (PVC)
Paper
Aluminum Foil
Cotton Fabric

By End Use:

Industrial
- Building & Construction
- Automotive
- Mining
- Agriculture & Irrigation
- General Industrial
- Aerospace
Non-Industrial
- Traffic Signs
- Crime Scenes
- Defense
- Restricted Areas

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.

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Seizing Growth Opportunities Aluminum Extrusion Market to Reach $195.48 Billion by 2033, Attracting Investors | FMI

Projected from 2023 to 2033, the aluminum extrusion market anticipates a steady growth trajectory with a 4.6% compound annual growth rate (CAGR), surging from US$ 126.67 billion in 2023 to US$ 195.48 billion by 2033. This growth signifies the increasing demand for aluminum extrusion across various industries, driven by its versatility, lightweight properties, and sustainability. As sectors such as construction, automotive, and aerospace continue to adopt aluminum extrusion for its structural integrity and design flexibility, the market is poised for significant expansion. This upward trend reflects the enduring importance of aluminum extrusion in modern manufacturing and construction applications.

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Aluminum Extrusion Industry: Unveiling the Potential

The aluminum extrusion process, known for its intriguing nature, entails shaping aluminum by exerting pressure to pass it through a specially designed die. This results in a diverse array of profiles and components featuring unique shapes and dimensions, unlocking innovative applications across various sectors.

China emerges as the dominant player in the aluminum extrusion market, commanding 59.5% of the global market value. This dominance is fueled by China’s dynamic manufacturing sector and the steady growth of per capita GDP, driving demand for extensive infrastructure development. Particularly, it’s the burgeoning building and construction industry in China that is propelling the increased need for aluminum profiles.

Key Companies:

Key manufacturers operating in the global aluminum extrusions market include

Hindalco Industries,
Jindal Aluminium Limited,
China Zhongwang Holdings Limited,
Constellium N.V.,
Hydro Extrusions,
Arconic Inc.,
Gulf Extrusions Co. (LLC),
TALCO Aluminum Company,
Zahit Aluminum,
Bahrain Aluminium Extrusion Co. (Balexco),
Qatar Aluminium Extrusion Company,
Bonnell Aluminum,
SKM Co., Ltd.,
Keymark Corporation,
Kaiser Aluminum Corp.,
Norinco International Cooperation Ltd.,
Hulamin Ltd.,
Sankyo Material Company,
Hammerer Aluminium Industries GmbH, and
WISPECO Aluminium.

Growth and Market Trends

The Aluminum Extrusions Market has witnessed impressive growth over the years, owing to various factors such as urbanization, industrialization, and technological advancements. The construction industry has been a significant driver, utilizing aluminum extrusions for windows, doors, curtain walls, and other architectural applications. Additionally, the automotive sector’s growing demand for lightweight materials has further boosted the market.

Key Segments of Aluminum Extrusions Industry Survey

Aluminum Extrusions Market by Product:

Automotive Chassis
Profile for Poles
Profile for Bridges
Profile for Rail Tracks
Door & Window Profiles
Curtain Walls
Profile for Heat Exchangers
Machinery Components
Others

Aluminum Extrusions Market by End User:

Aerospace
Building & Construction
Railways & Seaways
Energy
Defense
Others

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:

Nandini Singh Sawlani