Market Research Blog – Page 3127 – New Product Development

Transport Cases & Boxes Market is Driven by Technological Developments and Innovation Bolster | Says FMI

The transport cases & boxes market size is projected to be valued at US$ 1.7 billion in 2023 and is expected to rise to US$ 2.4 billion by 2033. The sales of transport cases & boxes are expected to grow at a significant CAGR of 3.5% during the forecast period.

The transport cases and boxes market is expected to grow 3.5% by the year 2033. Prodigious advancements in the military budget and burgeoning developments in the global shipping industry drive the demand. The global improvement and demand for technologically integrated waterproof transport cases and boxes over conventional transport cases and boxes for packaging solutions is expected to play a dominant role in the growth of the transport cases and boxes market.

Achieving goals like protective packaging combined with a product safety solution is likely to necessitate the use of heavy duty transport cases and boxes. Artificial intelligence may almost certainly play a key role in this, allowing manufacturers to create a more systematically automated and predictive production line. With the advancement of shipping and logistics, proper product packaging is becoming increasingly important in establishing a positive brand image in the minds of customers.

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Key Takeaways from the Transport Cases & Boxes market

By carrying capacity, demand for less than 20 kg is expected to remain dominant. Polyamide transport cases and boxes are becoming more popular due to their high durability and resistance to wear and tear.
Waterproof cases and boxes are in high demand, accounting for nearly 75% of total revenue. Extensive adoption is expected in the military sector, followed by the chemical industry.
By 2033, the majority of revenue share (727.7 million) is expected to come from the United States. Given the huge need for durable packaging materials in nations like Canada and the United States, the market in the area is likely to expand over the course of the forecast period.
With the electric vehicles (EV) segment displaying tremendous potential, the automotive market is welcoming prominent transport cases and boxes manufacturers with open arms. According to Future Market Insights, the automotive transport cases market grew at a rate of nearly 4% until 2021, with a value of nearly US$ 150 million.
Opportunities abound in the chemical industry as well, with rapid advancements in manufacturing and packaging technologies propelled by growing concerns about the safe and secure transportation of hazardous materials. The chemical industry was worth $69.3 billion in 2021, with the United Kingdom leading the way. As a result, manufacturers are expanding their presence in Western European countries, particularly the United Kingdom, Germany, and France.
The growing construction sector in China might almost certainly boost toolbox sales in the region and witness a CAGR of 4.5% by 2033. The construction industry is expanding as a result of the high demand for residential buildings. The construction workers in these countries has increased as a result of the expansion.

Competitive Landscape

The landscape of transport cases and boxes is highly competitive, owing to the presence of numerous regional and global level manufacturers. The transport cases and boxes report profiles key players such as Pelican Products, Inc., PARAT Beteiligungs GmbH, SKB Corporation, Inc., GT Line Srl, bwh Spezialkoffer GmbH, Plastica Panaro S.r.l., Thermodyne International Ltd., C.H. Ellis Company, Inc., Plasticase Inc., Gator Cases Inc., GMOHLING Transportgeräte GmbH, Cases By Source, Inc.

Recent Development

in August 2022, BWH Spezialkoffer introduced the ALUshape presentation cases for prominent aluminum roofing manufacturers. Similarly, in September 2022, the company unveiled its SAFEDI event box, a custom-made case suitable for transporting mobile charging and power supply equipment.

With US at the forefront, countries like India and China will drive the market in the projected years. India, owing to its successful emerging of healthcare, will steer the growth of demand for transport cases and boxes. China on the other hand, has emerged as one of the leaders in the trade industry in the recent years and it is estimated to grow with an impressive CGAR over the forecasted years 2021-2031.”

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“With safe and secure packaging gaining precedence, governments worldwide are seeking to enforce regulatory provisions to ensure the same. Key industries such as food & beverages and pharmaceuticals have been at the forefront of such legislations.” remarks Future Market Insights analysts.

Transport Cases & Boxes Market

By Material Type:

Plastic
Polyethylene
Polystyrene
PET
Polyamide
Polypropylene
Metal
Aluminum
Steel
Leather
Others

By Carrying Capacity:

Less than 20 kg
20-50 kg
50-100 kg
100-150 kg
150 kg & above

By End-use:

Military Equipment
Photography & Music Equipment
Medical and Fire Safety Equipment
Measuring & Communication Equipment
Electronics & Semiconductor Components
Automotive & Mechanical Parts
Chemicals
Biotechnology
Others

By Case Weight:

< 3kg
3-5 kg
5-10 kg
10-15 kg
15 kg

By Waterproof Feature:

Waterproof
Non-waterproof

By Region:

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

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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Grain Roller Market Size worth US$ 2,488.7 million by 2033

Grain rollers, workhorses of the feed processing industry, are used to crush grains into smaller pieces for improved digestibility and efficient animal feed production. The grain roller market is experiencing steady growth, driven by a confluence of factors that create exciting opportunities for manufacturers.

Current Scenario:

Market Expansion: The global grain roller market is projected to surpass USD 1.2 billion by 2030, exhibiting a CAGR exceeding 5% [1]. This growth is fueled by several key trends:
- Rising Demand for Meat Protein: The growing global population and increasing demand for meat protein necessitate efficient feed production, driving the need for grain rollers.
- Focus on Animal Nutrition: An emphasis on balanced animal nutrition necessitates crushed grains for better digestion and nutrient absorption by livestock.
- Expansion of Poultry and Aquaculture Industries: The burgeoning poultry and aquaculture industries create a significant demand for efficient feed processing equipment like grain rollers.
- Focus on Sustainability: Grain rollers can contribute to sustainable practices by reducing feed waste and improving feed conversion rates.

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Opportunities for Manufacturers:

Technological Advancements: Developing rollers with improved efficiency, wear resistance, and self-cleaning capabilities caters to the needs of high-volume producers.
Focus on Automation and Integration: Manufacturers who create grain rollers that seamlessly integrate with automated feed processing systems can offer comprehensive solutions.
Diversification for Niche Markets: Developing specialized grain rollers for processing delicate grains or integrating features for specific applications creates new opportunities.
Material Innovation: Exploring wear-resistant and corrosion-proof materials for rollers extends their lifespan and reduces maintenance costs.

Future Trends: A Vision for a Rolling Future

Smart Grain Roller Systems: The integration of sensors and data analytics into grain rollers can enable real-time monitoring of roller performance and optimize grinding processes.
Focus on Precision Crushing: Developing rollers that offer precise control over grain size caters to the specific needs of different livestock and feed types.
Sustainability in the Forefront: Manufacturers who prioritize energy-efficient rollers and minimize waste during the rolling process will resonate with environmentally conscious producers.
Growing Demand in Emerging Markets: The rising demand for animal protein in developing economies presents significant market potential for grain roller manufacturers.

Hammock Market Set to Grow at a Moderate CAGR of ~6% by 2032: Promising Outlook and Market Expansion

The Hammock Market is expected to maintain a moderate Compound Annual Growth Rate (CAGR) of 6% throughout the forecast period. With a projected revenue of around US$ 4.2 million in 2022, the global market is poised to exceed US$ 7.5 million by the conclusion of 2032.

During the forecast period, the Hammock market is forecasted to demonstrate favorable growth prospects, leading to an expansion in market size.

The global Hammocks Market has experienced steady growth over the years, driven by several key factors. Firstly, the rising trend of outdoor recreation and leisure activities, including camping, hiking, and picnicking, has spurred the demand for hammocks as a lightweight and convenient sleeping option. Additionally, the growing awareness of the health benefits associated with spending time outdoors and engaging in nature-based activities has contributed to the increased popularity of hammocks.

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Furthermore, the hammocks market has benefited from the surge in demand for outdoor furniture and accessories, as consumers seek to create relaxing and cozy outdoor spaces. Hammocks’ aesthetic appeal and the sense of tranquility they bring have made them a sought-after addition to gardens and patios.

The market has also witnessed various product innovations and designs, catering to diverse consumer preferences. From traditional rope hammocks to modern parachute hammocks, manufacturers have introduced a wide range of options to meet the demands of different user demographics and activities.

The increasing popularity of eco-friendly and sustainable products has further driven the adoption of hammocks made from eco-conscious materials, such as organic cotton or recycled materials.

As consumers continue to prioritize relaxation, wellness, and spending time outdoors, the hammocks market is expected to witness sustained growth in the coming years. Manufacturers and retailers are likely to capitalize on these trends by offering innovative products and expanding their distribution networks to reach a broader customer base. The hammocks market, with its timeless appeal and versatility, presents a promising landscape for both established players and new entrants alike.

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Competitive Landscape

Some key players in the Hammocks market are Foxelli, Lazy Daze Hammocks, Winner Outfitters, Golden Eagle Outdoor, Eagles Nest Outfitters, Hammock Sky, Honesh, Wise Owl Outfitters, The Hammock Expert, REI, Mad G, Avion Gear and others.

Hammocraft is a company designing a set quick building frames, which have additional supports on the rafts or kayaks or boats, where hammocks can be tied. This idea was launched in 2017, and was kind of a unique approach towards the hammock trend. These frame structure was easy to build and can hold up about five hammocks at a time, which is nearly 800 pounds weight.
Tentsile, a camping solution company popular for their unique tree tents and hammocks has launched a two-person hammock called DUO Giant Hammock. This is a large hammock, measuring 13 ft. in height, requires three attachments. The hammock is designed in a way that it prevents the campers rolling into each other, reinforced with a seatbelt webbing.

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Key Segments Profiled In The Hammock Market

By Product Type:

Rope
Woven
Camping
Mayan
Hammock Chair
Others

By Material Used:

Fabric
Plastic
Leather
Others

By Application:

Indoors
Outdoors

By Region:

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

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
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Portable Misting Fans Market: Anticipated to Achieve a Remarkable 7.8% CAGR Growth by 2033

The global market for portable misting fans is poised to achieve an impressive Compound Annual Growth Rate (CAGR) of 7.8%, reaching a market value of US$ 96 billion. Several factors contribute to this growth:

Escalating temperatures and a growing demand for personal cooling solutions worldwide, particularly in Europe and the Asia Pacific region.
The surge in popularity of outdoor recreational activities such as camping, picnicking, and outdoor events is driving an increased demand for portable misting fans.
Technological advancements are facilitating the development of more efficient and compact misting fans. Consequently, manufacturers are concentrating on creating models in various sizes to cater to diverse consumer needs.

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Another driving aspect is the features such as shockproof system, lightweight, and adjustable length. The ease of use may be a factor driving the popularity of fog fans among the general public, paving the way for a growing market.

Trend of Portable Mist Fans in the Home, Commercial, and Industrial Sectors

During the hottest summer months, mist fans can be used in the home to help reduce electricity consumption. The increased popularity of pool parties and backyard barbecues is driving up demand for mist fans, which provide a pleasant air during hot summer evenings and has correspondingly boosted the demand for portable fog fans.

Mist fans help increase morale, health, and energy levels in commercial and industrial sectors where large numbers of personnel are involved in offering services and producing goods. Increased humidity levels caused by changes in environmental circumstances can be readily dealt with by using mist fans on a regular basis, offering respite to customers during the summer.

Impact of COVID-19 on Portable Misting fans Market

The pandemic has led in significant company losses around the world, posing unprecedented obstacles to the mist fans market growth. Existential crisis have been posed to a number of businesses leading to heavy losses and disruptions in operations and manufacturing

Economic shocks in the logistics and supply chain have wreaked havoc on global labor and employment, limiting the expansion of the portable fog fans market. The shortage of raw materials and other facilities is preventing portable mist fans manufacturers from making a profit, resulting in a significant loss and limiting the market’s growth.

US and Canada Portable Misting fans Market Outlook

The global market for mist fans is dominated by North America. The market in North America is expected to grow rapidly due to an increase in the variety of portable and easy-to-transport mist fans, high end-use in industrial sectors, a growing number of manufacturers in the region, and the availability of high-pressure mist fans that can drastically lower temperatures in the United States and Canada.

Furthermore, rising preference of local population for recreational and outdoor activities is leading them to the adoption of portable fog fans in the region and is anticipated to remain a prominent region for the overall growth of the market.

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Europe Demand Outlook for Portable Misting fans

The market for mist fans in Europe is expected to increase at a rapid pace. Due to increase in number of shopping complexes, changing temperature, growing e-commerce sector, and rise in outdoor activities in Germany, Spain, France, and Italy.

The rise in working population in the region has resulted in increased sales of comfort accessories such as portable mist fans and other similar items in Europe. In addition, the penetration of high numbers of manufacturers in Europe across the area is driving demand for small portable fans.

Who are the Key Manufacturers and Suppliers of Portable Misting fans?

Some of the leading manufacturers and suppliers of portable misting fans include

ewAir
Lasko Products
LLC
Usha International Ltd.
Bigfogg
and among others.

Key Segments

By Product Type:

High pressure misting fans
Mid pressure misting fans
Low pressure misting fans

By End Use Sector:

Residential
Commercial

By Price Range:

Low
Medium
High

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By Sales Channel:

Supermarket/Hypermarket
Specialty Stores
Wholesalers/Distributors
Online Retailers
Convenient Stores
Multi-Brand Stores
Others

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

Author

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

Thumb Hole Book Page Holder Market Outlook by 2031: Factors Driving Growth and Industry Trends

Overview of the Thumb Hole Book Page Holder Market

The thumb hole book page holder, typically crafted from wood, plastic, or glass, attaches to the base of a book’s cover with a ring hole designed for the user’s thumb. As the number of readers continues to rise in libraries, schools, colleges, universities, and other reading spaces, the demand for these page holders is expected to see steady growth in the market.

Driving Factors for Demand

Thumb hole book page holders are particularly sought after by individuals engaged in scholarly research such as lawyers, researchers, and students. These holders alleviate discomfort in the neck, shoulders, arms, and back by providing a convenient means to hold a book with one hand.

Moreover, the proliferation of novel enthusiasts, along with the emergence of various book-centric cafes and library establishments worldwide, contributes to increased sales of these holders. Additionally, they prove beneficial for bible studies and religious research endeavors. These factors collectively propel market growth throughout the forecast period.

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Portable and Affordable Price Likely to Augment Thumb Hole Book Page Holder Sales

Book readers are more attracted towards such holders because these are light in weight and portable, the reader can take it anywhere like classroom, office, during the travelling, library and more.

Furthermore, this brings a nice experience to the user. It is very convenient to use, once people start using such holders, they find it continent and use it from the next times. Moreover, many youngsters in Japan and China like to read manga and light novels. They spend their free time reading. This factor fuel the thumb hole book page holder sales.

However, the demand for the holder is increases dung the covid-19 pandemic because during the pandemic people are having free time, many people give time to their reading habits, even during the isolation period people read fraction and non-fraction books, that increases the sales of thumb hole book page holder.

The US and Canada Thumb Hole Book Page Holder Market Outlook

People of the region are extremely engaged in reading comics like Marvel and DC comics. Even in the US and Canada, there are many public and private libraries and similar institutes, where all age group people visit for the reading. This increase the sales of the product in the region.

Many people use this holder as useful gifts for friends who likes to read regardless of age and gender, proper for sending to book lovers, student, reader, teachers, office workers, and family members. Also, many players introduced customized holders in the market, so, it is a good choice for people to write a personal message for love and near ones and give them on thanksgiving festivals, Christmas, birthdays and other events. All this factor increases the sales of the page holder in the market.

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Europe Demand Outlook for Thumb Hole Book Page Holder

The market of thumb hole book page holders is set to witness steady growth in Europe during the forecast period. Many high-class people of the region are part of the reading clubs. Reading is involved in their weekly activity. People read a book and narrate the summarized story to a member of the clubs. So, there is a good opportunity for the player to strengthen their presence in the regional market.

Furthermore, these holders are available in different sizes and materials, so the size of damage of pages is nil with this holder. Also, people use the holder to avoid loss in concentration due to wind and fan. All such factor increases the sales of the thumb hole book page holder in the regional market.

Who are the Key Manufacturers and Suppliers of Thumb Hole Book Page Holder?

Some of the famous brands of thumb hole book page holders include

Etsy, Inc.
Nelson Market
TILISMA
SHARPIE
EXPO
Paper Mate
AVERY
Ticonderoga
Scotch
PILOT
Toutek Design. among others.

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

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Key Segments

By Material Type:

Wood
Plastic
Metal
Other

By Price:

Under US$8
US$8-US$12
US$12-US$17
US$17-US$22
Above US$ 22

By Distribution Channels:

Direct Sales
Hypermarkets/ Supermarkets
Specialty Stores
Online retailing
Others

Author

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

Barrier Shrink Bags Market to Reach US$ 2.8 Billion by 2033 Invest in Sustainable Packaging Solutions | FMI

As per FMI, the total sales of barrier shrink bags for the year 2023 are estimated to be around US$ 2,112.3 million. The overall barrier shrink bags market is projected to register a CAGR of 5.9% during the forecast period.
Barrier shrink bags are a type of flexible packaging solution that is made from plastic shrink films or some other materials. It shrinks around the product like a second skin to the product after applying heat making it very desirable for animal-based food products packaging.

The concerns regarding convenience, hygiene, and food safety among consumers are increasing across the globe, which is impacting the overall packaging industry. Shelf life is one of the crucial factors for the commercialization of both plant-based and animal-based food products.

The barrier shrink bags possess properties that protect packaged food items against external gases, moisture, aroma, and other factors. In addition to this, the barrier shrink bags protect the product throughout the distribution process and extensive supply chains. Moreover, all such bags are also easily printable rendering more desirable visual attractiveness for the product which may attract customers.

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Key Takeaways:

The North American region is projected to remain a very lucrative market for barrier shrink bag manufacturers in comparison to the other geographical regions. The United States and Canada together hold around 27.2% of the market value share as per the 2022 survey report.
European countries, including Germany, France, Italy, and the United Kingdom, constituted around 33.2% of the global market share. Germany produces a huge amount of barrier shrink bags supplied to Europe and contributes around 4.3% to the global market revenue.

The demand for barrier shrink bags in the United Kingdom is projected to grow at an annual average rate of 5.7% through 2033.
China and India are two emerging countries in the production of barrier shrink bags in Asia besides Japan having a global market share of 2.3%. China is anticipated to register an annual average growth rate of 7.1% while India may register a growth rate of 6.3% through 2033.

The high barrier shrink films type segment was found to hold around 54.7% of the market value share by the end of 2022.
Based on different applications of barrier shrink bags, the meat packaging segment remains generated 47.2% of the overall revenue.

Leading Key Players:
Amcor plc.
Sealed Air Corporation
Winpak Ltd.
Kureha Corporation
Schur Flexibles Group
Flavorseal LLC
BUERGOFOL GmbH
Flexopack S.A.
Globus Group
Allfo Vakuumverpackungen Hans Bresele Kg
PREMIUMPACK GmbH
Kuplast
Vac Pac Inc.
Vector Packaging Inc.
Astar Packaging Pte Ltd.
Millepack SRL
Spektar d.o.o.

Competitive Landscape for the Barrier Shrink Bags Market Players:

The overall market is highly consolidated with the top 5 companies estimated to hold 40 to 45% of the market in 2022.
The increase in demand for various frozen foods and other food items during the COVID pandemic propelled the demand for barrier shrink bags. The use of barrier shrink bags also gave rise to the demand for barrier-coated papers which are also convenient for packaging food products.

Currently, barrier shrink bags are getting made from different plastic materials as per the requirement of diverse end uses and applications. On the other hand, mandates on the use of carbon polymers are expected to greatly determine the future landscape for market competitors.

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Market Segmentation:

By Barrier Type:

· High Barrier Shrink Bags

· Ultra High Barrier Shrink Bags

By Application:

· Meat Packaging

· Seafood Packaging

· Poultry Packaging

· Cheese & Dairy Products Packaging

· Other Products Packaging

By Product Type:

· Round Bottom Sealed Shrink Bags

· Straight Bottom Sealed Shrink Bags

· Side Sealed Shrink Bags

By Material Type:

· Polyethylene (PE)

o Low-density Polyethylene (LDPE)

o Linear Low-density Polyethylene (LLDPE)

· Polypropylene (PP)

· Polyamide

· Ethylene Vinyl Alcohol (EVOH)

· Polyvinylidene Chloride (PVDC)

· Other Materials

By Thickness:

· Up to 50 microns

· 51 to 70 microns

· 71 to 90 microns

· 91 to 110 microns

· Above 110 microns

By Abuse Strength:

· High Abuse Shrink Bags

· Low Abuse Shrink Bags

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

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 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

DIY Ball Mill Market Surges to US$ 2,790.0 million by 2033

Throughout the forecast period spanning from 2023 to 2033, the global DIY ball mill market is projected to witness a robust compound annual growth rate (CAGR) of 4.9%. Market value is anticipated to surge from US$ 1,729.2 million in 2023 to US$ 2,790.0 million by 2033.

DIY ball mills represent an innovative tool capable of finely grinding a diverse array of materials into powder form. Widely employed in ceramics, selective laser sintering, mineral dressing, paints, and pyrotechnics, these mills operate based on the principles of impact and attrition. As balls descend from the top of the shells, size reduction occurs through impact.

The construction of a DIY ball mill is straightforward, albeit requiring precision. Key components include a cylinder typically crafted from steel, a liner commonly composed of rubber or ceramic, balls tailored to the specific application, and a drive system, all working together to rotate the cylinder. Prior to operation, the cylinder must be trimmed to the appropriate length.

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Growth Factors

The rising preference for planetary ball mills within industrial sectors, particularly for grinding solvent-free samples, is poised to fuel sales over the next decade. These innovative mills offer an appealing synthesis solution, effectively reducing chemical waste. Furthermore, their usage promotes a safer and less hazardous working environment.

DIY ball mills emerge as a versatile solution capable of producing finely ground powders, with particle sizes reaching or even surpassing 10 microns, thus stimulating sales growth.

Moreover, their ability to mill various toxic materials within a fully enclosed setup enhances their appeal and is anticipated to drive demand further.

Key Companies

CNBM International Engineering Co. Ltd.
Zhangqiu Heavy Forging Co. Ltd.
Shaorui Heavy Industries Co. Ltd.
Changsha Tencan Powder Technology Co. Ltd.
Shanghai Minggong Heavy Equipment Co. Ltd.

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Market Outlook by Category

By Type of Mill:

Planetary Mills
Ball Mills
Attritor Mills

By Application:

Metallurgy
Pharmaceuticals
Cosmetics
Food Processing

By Sales Channel:

Online
Offline

By Region:

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

Plant-Based Energy Drink Market: Projected Worth Surges to US$ 16,285.7 Million by 2032, Fueled by Growing Preference for Natural Ingredients

The global plant-based energy drink market is expected to grow at a considerable CAGR of 6.11% during the forecast period from 2022 to 2032. The plant-based energy drink market is expected to reach a valuation of US$ 16,285.7 Mn by the end of 2032 from US$ 9000 Mn in 2022.

As per FMI, hectic lifestyles of people are set to result in the high demand for plant-based energy drinks in Japan. People in Japan have been turning to plant-based energy drinks that can provide them with a healthy boost of energy without any negative side effects.

Plant-based energy drinks are usually made up of natural ingredients like fruit juices or tea, as well as consist of added vitamins and minerals. They do not contain sugar, caffeine, or artificial sweeteners.

In recent years, there has been an increasing demand for a wide variety of plant-based energy drinks in the country. Thus, several start-ups, as well as local companies are coming up with innovative drinks that are specifically designed for a particular age group or gender. For instance, there are numerous energy drinks available for women in Japan who want something gentler and nutritious than traditional energy drinks.

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In April 2020, for instance, Taisho Pharmaceutical Holdings based in Japan, launched the country’s first caffeine-free energy drink containing enXtra, a botanical ingredient. The ingredient has been clinically proven to enhance focus and alertness up to five hours with or without caffeine.

Furthermore, Japan is considered to have an ever-increasing health-conscious population in the world. Increasing trend for joining gyms and taking online workout sessions is also estimated to drive the market. It is expected to compel key manufacturers to invest huge sums in research activities to come up with healthy and nutritious energy drinks.

For instance, in March 2021, Monster Beverage Corporation debuted Super Cola, the company’s newest beverage, in Japan. The novel energy drink has a fizzy rush from Monster’s unique energy compound combined with the cola flavor. This launch is primarily aimed to increase the company’s product line and satisfy the high consumer demand for cola flavor.

As per FMI, the top three companies leading the Japan plant-based energy drink market include Otsuka America Pharmaceuticals Inc., Garden Lifestyle Inc., and Otsuka Holdings Co Ltd. They are currently focusing on providing high quality products to their customers.

Increasing prevalence of diabetes in the country is another crucial factor that is expected to drive the need for plant-based energy drinks in Japan. People suffering from diabetes are set to avoid sugar laden beverages, which would create multiple opportunities for leading companies.

Apart from that, the number of people in Japan who want to avoid animal fats for both ethical and dietary reasons has drastically increased in recent years. Thus, demand for plant-based beverages such as soy milk-based energy drinks is projected to surge in the evaluation period.

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Key Takeaways from the Plant-Based Energy Drink Market

The plant-based energy drink market in Japan is set to register a moderate CAGR during the forecast period.
Japan is expected to account for a significant share in the global plant-based energy drink market over the next ten years.
The plant-based energy drink market in Japan is projected to account for a significant market valuation by the end of 2022.
Increasing demand for ready-to-drink beverages is expected to boost the demand for plant-based energy drinks in Japan.

“As plant-based energy drinks can help enhance the immune system and combat diseases like diabetes, demand for these products is set to remain high in Japan during the forecast period. Thus, key companies are expected to engage in collaborations with local players to co-develop new formulations.” – Says an FMI Analyst.

Competition Landscape in the Plant-Based Energy Drink Market

Key players are relying on online distribution channels for the marketing and branding of their products. Online distribution channels and innovative manufacturing are also providing a competitive edge to manufacturers to expand their market share across Japan.

Taisho Pharmaceutical Holdings, Red Bull, and Otsuka Pharmaceutical are some of the leading companies in the Japan plant-based energy drink market.

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Recent Developments

In April 2021, Red Bull unveiled its brand-new summertime cactus fruit beverage. The brand’s newest cactus fruit beverage boasts a flavor reminiscent of fresh red berries that was inspired by the desert vegetation. This brand-new taste has been introduced to help the firm capture a high market share and draw more customers.
In 2020, Taisho Pharmaceutical Holdings introduced enXtra, a botanical substance that has been clinically shown to increase attention and alertness for up to five hours with or without caffeine in Japan. Caffeine-free drinks are in high demand in Japan as customers choose healthful beverages. As a result, this product innovation will expand the Japanese market for energy drinks.

Key Segments Covered in the Plant-Based Energy Drink Industry Analysis

Plant-Based Energy Drink Market by Type:

Organic
Natural

Plant-Based Energy Drink Market by End-User:

Kids
Teenagers
Adults

Plant-Based Energy Drink Market by Distribution Channel:

Supermarkets/Hypermarkets
E-commerce
Grocery Stores
Convenience Stores

Plant-Based Energy Drink Market by Packaging Type:

Bottles
Cans

Plant-Based Energy Drink Market by Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Ice Cream and Frozen Desserts Market: Projected Worth Surges to US$ 283900.2 Million by 2034, Fueled by Emerging Trends in Health-Conscious Consumer Preferences

The Ice cream and frozen desserts have been consumed in our society from the beginning of time. Even during the pandemic, this consumption didn’t plunge, instead, it underwent a rapid surge. The market which is valued at US$ 1,38,300 million, as of 2024, has a promising future ahead, thanks to the emergence of artisanal ice cream and DIY parlors in developing and developed economies.

With the growing health-consciousness among the general population, people are increasingly opting for probiotic yogurts and zero-calorie frozen desserts. This is very likely to push the market size to a staggering US$ 283900.2 million by 2034. Consumption has also seen a noticeable surge since people are using protein-rich yogurts as their pre and post-workout meals.

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The growing lactose-intolerant population hasn’t really affected the overall progress of this market as brands came up with non-dairy alternatives of people’s favorite flavors and textures. The market is still slated to grow at a healthy CAGR of 7.50% through 2034. Besides this, plant-based and gourmet ice cream options are gradually taking their place in the affluent population’s shopping list.

“The emergence of food delivery platforms has substantially affected the ice cream and frozen dessert market in a positive manner. Brands must leverage these platforms to reach a wider consumer base,” -says Nandini Roy Choudhury (client Partner for Food and Beverages at Future Market Insights, Inc.)

Key Takeaways from the Market Study

The ice cream segment dominates the global ice cream and frozen dessert market with a share of 87.30% in 2024.
Based on distribution channels, the hypermarket/supermarkets lead the ice cream and frozen dessert market with a share of 56.90% in 2024.
The ice cream and frozen dessert market in China is anticipated to grow at a CAGR of 3.50% through 2034.
The ice cream and frozen dessert market in Germany is estimated to rise at a 7.00% CAGR through 2034.
The ice cream and frozen dessert market in the United States has the potential to increase at 4.10% CAGR through 2034.
The Japanese ice cream and frozen dessert market is predicted to rise by 4.70% CAGR through 2034.
The ice cream and frozen dessert market in India is very likely to grow at a CAGR of 8.20% through 2034.

Competitive Landscape

The market for ice creams and frozen desserts is highly competitive with both international and domestic brands vying for dominance.
The emergence of local and artisanal ice cream parlors has diverted a substantial part of the consumer base.
Some of the prominent companies in the market include Baskin-Robbins, Nestle SA, Unilever, Danone Groupe SA, Ben & Jerry’s Homemade Holdings Inc., Cielo USA, Breyers Ice Cream, Casper’s Ice Cream, etc.
These companies have a loyal consumer base due to their prolonged presence in the market.
The sales of probiotic yogurts and low-calorie frozen desserts are likely to experience a surge due to increasing awareness of dietary habits.
Brands are focusing on premium branding and aesthetic packaging to attract the millennial population.

Recent Developments:

Oreo, in March 2024, released a new line of mint-flavored frozen treats with mint creme-flavored dairy desserts and Oreo cookie pieces.
In February 2024, Katoomba Global Foods launched a premium Indian kulfi ice cream range with Australia-made kulfi and India’s Parle G biscuits.
Häagen-Dazs introduced oat-based, vegan-certified frozen desserts in Canada with creamy texture and indulgent flavors in May 2023.
Snoop Dogg and Happi Co., in July 2023, launched Dr. Bombay Ice Cream, inspired by his NFT character, in 3,500 Walmart stores.
Oatly and Carvel partnered to offer dairy-free options nationwide including strawberry soft serve, cookies and cream, and frozen dessert cakes in January 2024.

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Key Companies

Baskin-Robbins
Nestle SA
Unilever
Danone Groupe SA
Ben & Jerry’s Homemade Holdings Inc.
Cielo USA
Breyers Ice Cream
Casper’s Ice Cream
Graeter’s Ice Cream
Kraft Foods Group Inc.

Key Coverage in the Potato Flake Industry Report

Ice Cream and Frozen Dessert Industry
Trends in the ice cream and frozen dessert market
Emerging trends in gelato and sorbet
Impact of artisan ice cream on the market
Market value for ice cream and frozen desserts
Frozen confections market

Key Segments Covered in the Ice Cream and Frozen Dessert Industry Analysis

By Type:

Frozen Yogurt
Frozen Cakes
Ice Cream
Others

By Distribution Channel:

Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Others

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa (MEA)

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Growing Consumer Demand for Nutrient-Rich Delights: Examining the Health Benefits of Fortified Eggs | FMI predicts the Market to Surpass US$ 821.9 million by 2033

The fortified eggs market is predicted to develop at an impressive 8.5% CAGR from 2023 to 2033, preceding the lower 8.7% CAGR witnessed between 2018 and 2022. This significant rise shows the demand for the fortified eggs market, increasing the market value from US$ 383.6 million in 2023 to US$ 821.9 million by 2033.

Increased levels of vitamins and omega-3 fatty acids are added to fortified eggs, which have several positive health effects. The global market for fortified eggs is driven by rising consumer awareness of their nutritional profile and application in the food processing industry. Fortified eggs are quite popular since they can be found in many dishes and help people consume the appropriate amounts of important nutrients.

With a predicted CAGR of 8.5% between 2023 and 2033, the global market for fortified eggs is anticipated to expand significantly. Fortified eggs have grown in popularity because of their higher nutrient and mineral content levels and the related health advantages. They are suggested as an alternative to omega-3 supplementation and have been connected to higher immunity, better cognitive function, and a lowered risk of disease. Fortified eggs help asthma and allergy sufferers recuperate along with important vitamin D. Fortified eggs are expected to continue to be popular as a healthy food due to their great nutritional value.

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Key Takeaways from the Fortified Eggs Market:

With a CAGR of 5.5% by 2033, the market for fortified eggs in India is anticipated to expand steadily.
By 2033, the fortified egg market in the U.K. is predicted to develop at a healthy CAGR of 5.7%.
The fortified eggs market in China is expected to grow rapidly, with a CAGR of 12% by 2033.
The fortified eggs market in Australia is expected to grow slowly, with a CAGR of 2.6% by 2033.
The fortified eggs market in Japan is expected to develop gradually at a CAGR of 4.4% by 2033.

Competitive landscape

Leading firms in the food and agriculture sectors, like Cargill, Cal-Maine Foods, and Darling Ingredients, have invested large amounts in research and development to create cutting-edge fortified egg products after seeing the commercial potential for fortified eggs. Thanks to their robust distribution networks and well-known brands, these businesses have a competitive edge in accessing a large consumer base.

The existence of conventional egg producers who are also investigating the fortification trend has increased competition in the market for fortified eggs. These manufacturers enter the market by utilizing their already-existing infrastructure and knowledge of egg production, adding fortified eggs to their current product offerings.

Alternative sources of nutrition, such as plant-based egg alternatives and other fortified food items, are also a threat to the market. These substitutes accommodate customers with particular dietary preferences or constraints, threatening future growth demand for fortified eggs.

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Recent Developments in the Fortified Eggs Market:

Eggland’s Best has designated Acosta as its official U.S. sales and marketing partner for Walmart and Sam’s Club as of January 2020. Eggland’s Best, the top-selling brand of eggs in the country, uses a unique production and quality-control procedure to ensure that each egg is of the highest caliber.
NutririEgg has developed innovative methods to fortify eggs with vital nutrients like omega-3 fatty acids, vitamins, and minerals. These enhanced eggs provide additional health advantages over regular eggs, appealing to consumers who are looking for nutritious dietary options.

Fortified Eggs Market by Category

By Micronutrients:

Vitamins
- Folic Acid
- Vitamin D
Omega-3 fatty acids
Others

By End Use Application:

Food Processing
Food Service Industry
Retail/Household
- Modern Trade
- Traditional Grocery Stores
- Convenience Stores
- Specialty Stores
- Online Retail
- Wholesale Stores
- Other Sales Channel

By Region:

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

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Nandini Singh Sawlani