Chlorinated Isocyanurates Market Poised for US$ 7.5 Billion Growth by 2032: Capitalize on Disinfection & Construction Trends

The global chlorinated isocyanurates market is anticipated to reach a value of US$ 7.5 billion in 2032, scaling up from US$ 4.5 billion in 2022. Valued at US$ 4.2 billion in 2021, the market is slated to grow at a moderate CAGR of 5.3% from 2022 to 2032. An upsurge in renovation projects and developments in residential and commercial construction will facilitate the growth of the chlorinated isocyanurates market during the projection period.

Chlorine derivatives of isocynauric acid are referred to as chlorinated isocyanurates and are used for disinfecting, sanitizing, and bleaching purposes. The chemical also finds application as fungicides, fungistats, bactericides, and microbistats. Chlorinated isocyanurate’s cost-effectiveness and superior water solubility are aspects that promote their application across various industrial verticals. Further, widespread application as disinfectants in swimming pools and as domestic septic tank disinfectants augments the sales of chlorinated isocyanurates in the global market.

The advancing disinfectants industry spearheads the growth of the chlorinated isocyanurates market during this period of observation. The popularity of swimming and the expanding sports industry also strengthens prospects for chlorinated isocyanurates as a disinfectant. The growing use of Dichlorolsocyanurate for disinfecting surfaces used for poultry and silkworm rearing also drives the growth of the chlorinated isocyanurates market in the upcoming years.

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The use of disinfectants in industrial water chilling units so as to purify the water before industrial use fosters an environment of growth for the chlorinated isocyanurates market. The target product is further used as a preliminary purification method in the semiconductor industry which employs double distilled water. All of these considerations stimulate the growth of the chlorinated isocyanurates market during the forecast period.

Key Takeaways:

  • Rising threat of cancer and reproductive effects on animals and the risk of colorectal cancer in humans are certain factors that hinder the growth of the chlorinated isocyanurates market.
  • Asia Pacific will emerge as a lucrative pocket for the market due to significant export activities by China and the increasing use of the product to sanitize domestic septic tanks in Japan.
  • The chlorinated isocyanurates market in Europe will be driven by the use of the product as a disinfectant by many drinking water companies.
  • The US chlorinated isocyanurates market will benefit from the use of the same in the production of pesticides and other chemicals.

Competitive Landscape 

Prominent players in the chlorinated isocyanurates market

  • 3V Italia
  • China Salt Changzhou Chemical Co Ltd
  • HebeiJiheng Chemical Co Ltd
  • HezeHuayi Chemical Co Ltd
  • Liaocheng London Chemical Co Ltd
  • Nissan Chemical
  • Nippon Soda
  • Nankai
  • Nanning Chemical Industry Co Ltd
  • PuyangCleanway Chemical Ltd.

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More Insights into Chlorinated Isocyanurates Market 

FMI offers the latest, unbiased, and detailed analysis of the global chlorinated isocyanurates market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of type (trichloroisocyanuric acid (TCCA), sodium dichlorolsocyanurate (SDCC)), application (bleaching agents, disinfectants, fungicides, bactericides), and region.

According to the latest FMI reports, based on region, the chlorinated isocyanurates market in Asia Pacific will display strong growth between 2022 and 2032. The target market in this region will be offered lucrative growth opportunities primarily due to elevated export activities in China and the growing use of chlorinated isocyanurates as a sanitizer for domestic septic tanks in Japan. A significant portion of the chlorinated isocyanurates produced in China and Japan are exported to the US. Besides Asia Pacific, Europe will also show notable growth. The chlorinated isocyanurates market in Europe is shaped by the heightened use of the product in the drinking water sector. Chlorine is used as the main disinfectant in drinking water preparation from surface water. In this region, Germany outranks all other countries in terms of capacity.  Thus, Asia Pacific and Europe contribute considerably to the global growth of the chlorinated isocyanurates market during the forecast period.

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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.

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Unlocking Growth in the Permethrin Market: Key Strategies to Capitalize on a CAGR of 6.6%

 

The global permethrin market is poised for substantial growth, with projections indicating its value to reach close to US$ 382 million by 2032, a significant increase from US$ 201.7 million recorded in 2022. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 6.6% throughout the forecast period. Factors such as increasing demand for insecticides for agricultural and public health purposes, coupled with advancements in formulation technologies and pest management practices, are anticipated to drive the market expansion.

Permethrin is mainly used as an insecticide in agriculture. Permethrin is a complex compound used as a toxin in various pesticides. Permetrin molecules are used for applications including pharmaceutical agrochemicals and others. Permethrin is mainly used as an insecticide in agriculture.

It acts as an insecticide lethal to bees, so it is used to protect crops from bees. Other parasites are also killed using permethrin. It is also used for domestic insect control activities. Woolen fabrics are also protected from insect attack using permethrin.

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One of the major pharmaceutical applications of permethrin in humans is to treat head lice. Permethrin is sold as a cream or lotion to treat scabies and head lice. Wheat, corn, cotton, and alfalfa are few crops protected by pesticides made with permethrin.

It is also used as a mosquito repellent. Permethrin is sold in the market under many brand names including Nix, Acticin, Elimite, Clearkin, DAT, Gzlthrin, and more. Increasing use of permethrin in various industries is expected to boost its demand over the forecast period.

Global Market Dynamics

Permethrin’s high toxicity to insects is driving its demand in various insecticidal applications.

Permetrin is highly lethal to a variety of parasites and also acts as an anthelmintic against many insects. These properties of permethrin are fueling the demand for permethrin in the market. The pharmaceutical use of permethrin is growing rapidly, including its use in the treatment of head lice.

Growing health awareness and growing population are propelling the pharmaceutical industry at a rapid pace, which is pushing out the demand for permethrin in pharmaceutical applications.

Growing demand for pesticides and pesticides in the agricultural industry is driving the market demand for permethrin in the agricultural industry. The increasing household use of permethrin is also accelerating its demand for a variety of household applications.

Strict regulations for the use of permethrin in various applications

As a highly toxic substance, permethrin has been limited to a few uses in limited quantities. Various regulations of Food and Drug Administration (FDA) in different countries may act as a factor limiting permethrin market growth in a strong way during the forecast period.

Current Trends: Innovation and R&D in the Permethrin Market

A major part of permethrin demand is accounted for by pharmaceuticals, while research and innovation are continuing to find new applications. High-strength permethrin products are only available by prescription in the United States. Therefore, research and development of improved products in combination with other materials are ongoing in this market.

Permethrin Market: Regional Outlook

In the past few years, an increase in head lice incidence has been observed in both developed and developing countries. Permethrin is used as an active ingredient in head lice treatment, and its demand is increasing in both developed and developing countries.

North America accounted for a large portion of the demand for permethrin and is expected to grow at a moderate pace during the forecast period. Asia Pacific followed North America in terms of demand. Europe is projected to be the third largest market for permethrin sales, whereas Middle East & Africa and Latin America account for a smaller share of the global permethrin market.

High growth has been observed in emerging and densely populated regions such as Asia Pacific. Population density in these regions could be a favorable environment for the spread of head lice driving the demand for permethrin.

Growing agricultural industry and growing demand for pesticides and insecticides in this industry are fueling the demand for permethrin in Asia Pacific.

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Global Permethrin Market Participants

Some of the market participants identified across the value chain of the global permethrin market include:

  • To install HH Constraints.
  • Biodyne-USA, LLC.
  • GlaxoSmithKline plc.
  • Kanixa Life Sciences
  • Delvin Formulations Pvt. (main)
  • cure fast cure
  • Prestige Consumer Healthcare, Inc.
  • Loveland Products Inc.
  • Geolife Organics Pvt. (main)
  • Wavelength Constraints
  • biopore
  • Harman Finochem Ltd.
  • Kalyani Industries Ltd.

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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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1-Hexene Market Poised for Expansion: 5% CAGR Fueled by Diverse End-Use Industries

 

The global 1-hexene market is expected to reach a valuation of US$ 168.2 Million in 2032, with the market growing at a moderate CAGR of 5% from the forecast period of 2022 to 2032. Valued at US$ 105.1 Million in 2021, the target market is expected to reach an estimated US$ 117.9 Million by the end of 2022. Extensive usage in diverse end-use industries which are experiencing growth will likely drive the growth in the 1-hexene market during the forecast period.

1-Hexene is primarily used in the production of polyethylene in various end-use industries. The rising application of the product in this process will bolster the prospects of the target market. Other major applications of 1-hexene include chemical synthesis, polymer production, as well as the production of perfumes, flavors, and dyes. The target product is largely used in the manufacturing of polyethylene and linear aldehydes. Thus, increasing usage of these organic compounds in the chemical sector is set to foster growth in the 1-hexene market during the projected period.

Apart from the above usage, 1-hexene also gains application and great commercial value in the polymer industry. The demand generated by the polymer industry will likely fuel growth in the 1-hexene market over the next few years. Moreover, the growing demand for specialty chemicals, easy availability of raw materials, and rising applications of LDPE and HDPE will further aid the growth of the 1-hexene market.

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Again, progress in technologies and greater investments in the polymer sector all over the world will drive the expansion of the 1-hexene market size. In addition, extensive usage of 1-hexene in the manufacturing of HDPE and LDPE, rising demand for the product in advancing specialty chemicals industry, increasing applications of the organic compound in agriculture and packaging sectors will stimulate new growth opportunities for chemical organizations which, in turn, will fuel the growth in the 1-hexene market.

“Extensive application in chemicals, industrial, and pharmaceutical industries will likely supplement the global growth of the 1-hexene market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Enhancement in the production process of 1-hexene will strengthen market prospects.
  • Fluctuation in raw material prices may hamper the 1-hexene market growth.
  • Chemical and Industrial sector expansion in India and China will propel the target market growth in the Asia Pacific region.
  • Europe’s 1-hexene market will be a close second to the Asia Pacific market growth.

Competitive Landscape

Sasol, the Linde Group, Chevron Phillips Chemical Company, SABIC, the Dow Chemical Company, Royal Dutch Shell plc, Qatar Chemical Company Ltd (Q-Chem), Idemitsu Kosan Co.Ltd, INEOS, and Nizhnekamskneftekhim among others are some of the major players in the 1-hexene market profiled in the full version of the report.

Leading market players are keen on signing long-term contracts with raw material suppliers to counteract market restraints. These enterprises also employ strategic partnerships and collaborations, contracts and expansion strategies to strengthen their business.

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More Insights into 1-Hexene Market Report

In its latest report, FMI offers an unbiased analysis of the global 1-hexene market, providing historical data from 2015 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of application (polyethylene production, heptanol production, flavors, perfumes, dyes, resins), end user (paper industry, consumer goods, chemical industry, automotive industry, packaging industry, cosmetics and pharmaceuticals industry), and region.

According to the latest FMI reports, based on region, the 1-hexene market in the Asia Pacific region is expected to present notable growth during 2022-2032. The target market in this region will avail several lucrative opportunities owing to the advancing industrial and chemicals sectors in China and India. The surging production of 1-hexene in China at low costs coupled with swift industrial growth will further aid the growth of the 1-hexene market in this region.

Apart from Asia Pacific, the 1-hexene market in Europe will also exhibit significant growth during 2022-2032. The target market growth in this region will be a close second to that of Asia Pacific. Rising demand from pharmaceuticals and cosmetics industry will aid the market growth of 1-hexene in this region over the forecast period.

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.

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Self-tanning Products Market: Projected to Expand at a CAGR of 5.9% and Reach US$ 2,026 Million by 2033 According to FMI Predictions

Self-tanning Products Market
Self-tanning Products Market

In 2023, the global self-tanning products market is estimated to be around US$ 1,142 million. According to FMI predictions, the market is expected to expand at a CAGR of 5.9% from 2023 to 2033. By following this strong growth trajectory, the market valuation is anticipated to reach US$ 2,026 million by 2033.

In 2022 and previous years, self-tanning products for women contributed to almost 65% of the market revenue. According to a July 2021 Popsugar Beauty post, nearly 60% of women in the United States use self-tanners regularly.

The market segment for self-tanning solutions exclusively for men is expected to experience robust growth through 2033. The pursuit of a sun-kissed glow is considered a significant driver for this segment during the forecast period.

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Economic progress in the nations of South America has increased spending on cosmetics which could have a positive impact on the United States market expansion. Tape Tan is a well-known organic skincare product producer in Brazil and has a large selection of self-tanners with natural intensifiers.

Market Growth:

  • Steady and consistent growth: The global self-tanning products market is expected to see steady growth in the coming years, with estimates ranging from s to expand at a CAGR of 5.9% during the period from 2023 to 2033. This indicates a stable and expanding market.
  • Rising awareness: Consumers are increasingly aware of the harmful effects of sun exposure, driving them towards safer alternatives like self-tanning products.
  • Skincare focus: Growing focus on self-care and healthy skin routines contributes to the market’s rise, with self-tanning seen as a way to achieve a tanned look without sun damage.

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Competitive Landscape for the Self-tanning Products Market Players

Bondi Sands, L’Oréal, and St Tropez are some renowned brands that compete in the international market for self-tanning products. These market participants are concentrating on offering high-quality items to satisfy the demand for self-tanning from global consumers.

Development and marketing of specific self-tanning solutions based on regional demand would positively impact market growth. Moreover, they are concentrating on tactics like acquiring regional businesses and expenditures in research and development to expand the self-tanning products business.

Recent Developments by the Self-tanning Products Industries

It is projected that endorsement by celebrities might promote their product n in turn significantly accelerate market growth. To illustrate, St. Tropez partnered with American model and TV host Ashley Graham in April 2021 to introduce sunless tanning products.

Tess Holiday, the famous plus-size supermodel, teamed up with the celebrity spray self-tanner producer, “Island of Paradise” in July 2019. The company proclaimed this collaboration as an intent to meet consumer demand for skin-glow-enhancing products including sunless tanners.

BONDI Sands Pty Ltd. introduced an eco-friendly, true self-tanner with 100% sustainable packaging in January 2021. Bondi Sands Pure Gradual Tanning Lotion, Pure Self-tanning Sleep Mask, and Pure Self-tanning Drops are among the available products.

According to Health Club Management information, Clarins increased its outreach in Europe by opening new boutique retail locations in May 2021.

Key Players Profiled in the Self-tanning Products Market Report

  • Bondi Sands Pty Ltd
  • PZ Cussons Plc.
  • Supernova UK Pty Ltd
  • Epic Etailers LLC
  • HotHouse Beauty Ltd
  • Johnson & Johnson Services, Inc.
  • Coty Inc.
  • Edgewell Personal Care Co
  • Artesian Tan
  • Beauty By Earth
  • Charlotte Tilbury
  • Coco & Eve
  • James Read
  • L’Oréal SA Paris
  • others

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Key Segments Covered by Self-tanning Products Industry Survey Report

by Product Type:

  • Body Tanner
  • Face Tanner

by Product Form:

  • Self-tan Cream & Lotion
  • Self-tan Gels
  • Self-tan Spray
  • Self-tan Oil
  • Self-tan Serum
  • Self-tan Mousse
  • Self-tan Mist
  • Self-tan Drops
  • Self-tan Wipes
  • Other Self-tan Products

by Skin Type:

  • Normal Skin
  • Dry Skin
  • Oily Skin
  • Combination Skin
  • Sensitive Skin
  • Other Skin Types

by Skin Tone:

  • Very Light Tone
  • Light Tone
  • Medium Tone
  • Deep Tone
  • Very Deep Tone

by Ingredients:

  • Conventional or Inorganic
  • Organic or Natural

by Application:

  • Men
  • Women
  • Unisex

by Distribution Channel

  • Supermarkets or Hypermarkets
  • Convenience Stores
  • Brand Outlets
  • Online Sales
  • Others

by End-user:

  • Personal Care
  • Spas & Salons
  • Beauty Clinics
  • Others

by Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • East Asia Market
  • South Asia and Pacific Market
  • The Middle East and Africa (MEA) Market

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,
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T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Cloth Diaper Market: Estimated to Reach US$ 6.99 Billion by 2033 with a Projected CAGR of 8.5% Over the Forecast Period

Cloth Diaper Market
Cloth Diaper Market

According to the recent report by Future Market Insights (FMI), the cloth diaper market size is estimated to reach US$ 6.99 billion by 2033, with a projected CAGR of 8.5% over the forecast period. In 2023, FMI has assessed the market to be worth US$ 3.09 billion.

The cloth diaper industry is propelled by the rise birth rate, expanding elderly population, and urbanization. Additionally, factors like upgrades in the diaper fabrics and the incorporation of specific user-friendly features in diapers are pushing the sales of cloth diapers.

Multiple beneficial properties of cloth diapers, such as adjustable waterproofing and skin-sensitive materials, make them ideal for babies. In addition to this, these cloth diapers are available in several designs and styles like pre-fold, flat, pocket, and fitted, among others.

Moreover, brands are actively focusing on waste management which results from diaper manufacturing. In this context, they are introducing eco-friendly and green solutions, and recycling technology. By doing so, brands are focusing on targeting environmentally conscious parents to purchase cloth diapers made of recycled materials or plant-based fabrics.

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Cloth diapers are also cost-effective in the long run as opposed to disposable diapers, especially for middle-income families or households with multiple children. Since disposable diapers are becoming expensive, the use of cloth diapers may become attractive to budget-conscious parents.

Some parents are skeptical about the materials and chemicals used in disposable diapers that may induce skin irritation or other health issues. This is augmenting the use of cloth diapers, which are considered hypoallergenic and a more natural option, for the delicate skin of babies.

Top Highlights from the FMI’s Analysis of the Cloth Diaper Market:

  • On the basis of end users, babies are expected to capture the maximum market share over the forecast period.
  • The adult segment is projected to witness healthy growth on account of the surging population of working women and their willingness to expend on premium-quality cotton briefs.
  • The offline segment accounts for a significant market share of cloth diapers. Easy availability of cost-efficient cotton nappies at stores is boosting segment growth.
  • The online sales channel is forecast to observe rapid growth over the forecast period. Growing demand for online baby care product services on a subscription basis is boosting the online segment.

Market Update: Cloth Diaper Industry Witnesses New Launches in a Row

  • In February 2020, Cotton Babies Inc., a St. Louis-based company specializing in reusable items revealed the commencement of its cloth diaper bank initiative. This initiative aims to ship cloth diapers to underprivileged families at zero cost. Thereby helping families save thousands of dollars annually.
  • In September 2020, Johnson’s Baby introduced a new line of baby care products, such as the Cotton Touch range of diapers. These are infused with natural cotton and developed to reduce the risk of skin irritation

Cloth Diaper Companies in the Market

  • Procter & Gamble Company
  • BabeeGreens
  • Thirsties Baby
  • Modern Cloth Nappies
  • Cotton Babies, Inc.
  • LittleLamb
  • AdultCLothDiaper.Com
  • Kinder Cloth Diaper Co.
  • Navashya Consumer Products Pvt. Ltd.
  • Happy BeeHinds Cloth Diaper Company

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Cloth Diaper Market by Category

By End User

  • Cloth Diaper for Babies
    • Economic
    • Premium
  • Cloth Diaper for Adults

By Distribution Channel

  • Online
  • Offline

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • 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,
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T: +1-845-579-5705
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Pallet Banding Machine Market is Expected to Reach at a US$ 4,995.9 Million by 2033 | FMI

Pallet Banding Machine Market
Pallet Banding Machine Market

In 2023, the global pallet banding machine market is expected to be worth US$ 3067.1 million. With increasing usage in industries such as automotive, food and drinks, pharmaceuticals, consumer items, and so on, the entire demand for pallet banding machines is predicted to rise at a 5% CAGR, hitting US$ 4,995.9 million by 2033.

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Compact and Mighty: The Trend Towards Lightweight Pallet Banding Machines

  • Due to the requirement for effective packaging, demand for automated pallet banding devices is increasing.
  • The market is driven by eco-friendly materials.
  • The performance of pallet banding machines is improved through IoT and AI integration.
  • Demand for pallet banding machines is boosted by the e-commerce and logistics sectors.
  • Designs that are small and lightweight are becoming more popular.
  • Workplace safety awareness drives automated pallet banding adoption.

Increasing Awareness of Secure Shipments Boosts the Pallet Banding Machine Market

Increased demand for efficient and automated packaging solutions in logistics, e-commerce, and manufacturing industries is a significant driver. These machines enhance productivity and reduce manual labor, thereby cutting operational costs.

The rising awareness about the importance of secure and stable shipments has led to a surge in the adoption of pallet banding machines to prevent product damage during transit. Technological advancements, such as improved banding materials and smart banding devices with IoT integration, propel pallet banding machine market growth by offering enhanced safety, precision, and customization options.

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Challenges for Pallet Banding Machine Manufacturers

Intense competition among manufacturers leads to price pressures and shrinking profit margins. Fluctuating raw material costs can impact production expenses. Stringent regulations related to safety and environmental standards may require costly machine modifications. Technological advancements demand continuous research and development investments to stay competitive.

Economic downturns can lead to reduced capital expenditure by industries, affecting market growth for pallet banding machines. The need to adapt to diverse pallet sizes and shapes poses engineering complexities. Addressing these challenges requires innovation, strategic partnerships, and a deep understanding of customer requirements to sustain growth in the pallet banding machine industry.

Regional Outlook

The pallet banding machine market has historically been robust in North America, especially the United States, because of the region’s well-established logistics and transportation industry. A sizable manufacturing base and a thriving e-commerce sector have fueled the need for effective pallet handling and shipping solutions.

Due to its robust manufacturing and export-focused sectors, Europe has a developed pallet banding machine industry. Steady pallet banding machine demand has resulted from the area’s focus on automation, warehouse optimization, and supply chain effectiveness.

The manufacturing and logistics industries have expanded significantly in the Asia-Pacific area. Strong pallet banding machine demand has been produced by quick industrialization, rising export activity, and the development of e-commerce

Key Takeaways

  • The United States might increase its market share by 5% between 2023 and 2033.
  • Between 2023 and 2033, Germany may acquire 6.7% of the pallet banding machine
  • Japan’s share of the pallet banding machine industry could reach 2.2% between 2023 and 2033.
  • Australia to grab a 1.8% share of the market from 2023 to 2033.
  • During the forecast period, the Chinese pallet banding machine business to develop at a CAGR of 5.8%.
  • From 2023 to 2033, the United Kingdom pallet banding machine industry recorded a 3.2% CAGR.
  • Through 2033, the Indian pallet banding machine market registered a CAGR of 5.1%.
  • The semi-automatic pallet banding machine segment to acquire a market share of 62.6% in the machine type category between 2023 and 2033.
  • The food and beverages segment to acquire a substantial market share of 49.2% in the end-use category between 2023 and 2033.

Competitive Landscape

Due to the rising need for effective and secure load stabilization solutions, there is fierce competition in the market for pallet banding machines. The market’s leading companies are constantly working to innovate and set their products apart from the competition with cutting-edge technology, adaptable solutions, and excellent customer service. Various rivals compete in the industry, each trying to gain market share by providing sturdy, economical, and cutting-edge pallet banding machines.

Latest Developments

  • FIEFER unveiled the TP-502MV family of machines in January 2021 as a practical and affordable option for vertical banding pallets with less frequent packaging.
  • To make manual wrapping simpler, Cyklop International stretch wrapper released CSM 50 in July 2019.

Key Segments

By Machine Type:

  • Fully-Automatic Pallet Banding Machine
  • Semi-Automatic Pallet Banding Machine
  • Mobile Pallet Banding Machine

By Banding Type:

  • Horizontal Banding
  • Vertical Banding

By Speed:

  • Less than 20 pallets/hour
  • 20-30 pallets/hour
  • 30-40 pallets/hour
  • Above 40 pallets/hour

By End Use:

  • Food & Beverages
  • Pharmaceutical
  • Consumer Product
  • Shipping & Logistics
  • Automotive
  • Textile and Handcraft
  • Building & Construction
  • Others (Chemical, Agriculture and Allied Industry, etc.)

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 

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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Bar Soap Market Expected to Increase at a 4.04% CAGR by 2033

Bar Soap Market
Bar Soap Market

In 2023, the bar soap market is expected to reach US$ 30.34 billion, with projections indicating a 4.04% CAGR from 2023 to 2033, reaching US$ 45.08 billion by 2033.

The surge in tour and excursion frequency has increased the demand for travel-size bottles of liquid washing and bathing solutions, along with convenient soap paper strips, which are more practical than solid bars. With the growing usability of liquid products, customer preferences are shifting, driving the growth of the soap industry.

Increasing Personal and Household Hygiene Awareness to Drive Product Demand

Keeping cleanliness is critical in order to decrease the emergence and spread of diseases caused by unsanitary behaviors’. Cleaning infectious microorganisms from hands, utensils, and clothing helps to reduce pathogen spread.

According to the World Health Organization’s article, ‘Forgetting to Wash Your Hands May Cost Lives,’ published in May 2017, around 400,000 babies and 30,000 moms die each year owing to diseases caused by a lack of sanitation and poor hand washing practices.

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Furthermore, events like ‘Global Handwashing Day (15th October),’ ‘International Hand Hygiene Day (5th May),’ and ‘World Toilet Day (19th November)’ encourage the use of these items. These programmes are raising awareness of the significance of washing hands with surfactant products before cooking, before and after eating, and also after using the toilet, in order to prevent illness. Hand cleanliness can greatly lower the prevalence of infectious disorders such as diarrhea, pneumonia, and SARS, among others.

Furthermore, manufacturers such as Dial, Safeguard, and Dettol are introducing antibacterial soaps to tackle the issue of communicable diseases produced by bacteria and viruses, such as the flu and upset stomachs. As a result, enhanced hygiene awareness is projected to drive market growth.

Key Points from the Bar Soap Market

  • The market is expected to surpass US$ 45.08 billion by 2033.
  • The bar soap market is being driven by a growing health and wellness trend among consumers worldwide, an increase in millennial interest in organic bar soap, and evolving consumer behavior patterns for beauty and personal care.
  • Bar soap market is expected to grow at a CAGR of 4.04% during the forecast period 2023 to 2033.
  • Asia Pacific dominated the bar soap market.

Key Development in the Bar Soap Market

  • December 2017 – Schmidt’s Naturals, a cosmetics and personal care firm established in Portland, Oregon, USA, was acquired by Unilever.
  • March 2019 – The Hilton brand established a partnership with Clean the Planet. This collaboration is expected to recycle one million bars of soap.
  • In 2021, Neal’s Yard Remedies developed a winter ‘Beauty Package’. The beauty box is a selection of all-natural and organic products that can assist consumers in maintaining good skin health.
  • In 2020, Johnson & Johnson Pharmaceutical Company launched its “CottonTouch” range of infant bath products.
  • In 2019, the Procter & Gamble Company launched a plant-based product line that includes fabric softener, laundry detergent, multipurpose cleaner, hand soap, and dish soap.
  • July 2022 – CleanO2 launched a carbon capture body bar soap, which transforms CO2 to reduce greenhouse gas emissions. The soaps include the CarbinX small-scale technology, which converts carbon dioxide into pearl ash.

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Key Leaders Operating in the Market

  • Unilever plc
  • Premier English Manufacturing Ltd (Premco)
  • Vanguard Soap LLC
  • Beaumont Products, Inc.
  • Betasoap Sp. z o.o.
  • John Drury & Co Ltd
  • Twin craft Skincare
  • Commonwealth Soap & Toiletries (CST)
  • Vermont Soap
  • Bradford

Bar Soap Market Key Segmentation

Bar Soap Market by Material Type:

  • Natural
  • Synthetic

Bar Soap Market by Application:

  • Bathing
  • Dish Washing
  • Hand Washing

Bar Soap Market by Quality:

  • Low
  • Standard
  • Premium

Bar Soap Market by Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & 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
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Outdoor Lighting Market Strengthens Its Boundaries with Steady 7.4% CAGR, Expected to Surpass US$ 25.67 Billion by 2033

Outdoor Lighting Market
Outdoor Lighting Market

The outdoor lighting market is anticipated to hold a revenue of US$ 12.57 billion in 2023, with expectations to cross a value of US$ 25.67 billion by 2033, strengthening its boundaries at a steady CAGR of 7.4% during the forecast period.

The global promotion of efficient lighting is done by governants. In addition to addressing air pollution, outdoor lighting as well needs to be looked at. Similarly, the US government in August 2021 unveiled Climate Smart Building Initiative, which could help in creating partnership and coordination between government and private sector for upgrading energy-efficient structures.

As infrastructure develops, there’s a growing demand for lighting in streets, alleyways, and highways. Governments are increasingly seeking environmentally efficient and sustainable lighting solutions for these areas. LED and solar-powered lights are becoming more prevalent, significantly increasing the demand for outdoor lighting. The expansion of research and development facilities has led to the emergence of integrated lighting systems, including IoT-integrated lights, lamps, and waterproof outdoor wall lights.

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Future Market Insights, over its latest market study titled ‘Outdoor Lighting Market’, has carved these facts with future possibilities. It has its own analysts and consultants to provide the necessary service using an all-round approach.

“With smart lighting being increasingly adopted, the global outdoor lighting market is expected to witness a constructive turbulence going forward”, says an analyst from Future Market Insights.

Key Takeaways from Outdoor Lighting Market

  • North America holds the largest market share due to the US being subject to increasing industrial space that would require outdoor lighting.
  • The Asia-Pacific is expected to grow at the fastest rate in the outdoor lighting market. This could be credited to consent of end-consumers to opt for wireless technology. Australia is another region witnessing growth on an extensive note with smart lighting being widely accepted.

Competitive Arena

  • Takiyo Japan is known to offer a plethora of solar lights having superior features. The lights have a higher battery capacity, are durable, and abreast with motion sensors with automatic ‘off’ and ‘on’ features. Lights could also be adjusted as per surroundings.
  • Virtual Extension is making ways for smart control technology for LED street lights. VEmesh lighting system is known for integrating with intelligent management and control system. Control system facilitates control over LED lights by making use of Cloud services, thereby letting them turn off and on even at a distance.
  • Smart Global Holding Inc., in March 2021, completed acquisition of LED product business of Cree Inc. with the objective of enhancing geographical reach.
  • The White Teak Company, in December 2021, came up with Green Lights in various patterns and designs included in collection. Every item does feature LED bulbs and metal body. Bulbs could be mounted easily.

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What does the Report throw light on?

  • The research study is based on technology (control outdoor lighting and fixture outdoor lighting), by type of lighting (LED lights, plasma lamps, HID (high-intensity discharge) lamps, and fluorescent lights), by application (street lighting, tunnel lights, highways, and likewise), and by distribution channel z9commercial and retail).
  • With intelligent infrastructure being on the anvil, the global outdoor lighting market is expected to grow on a sumptuous note going forward.

Outdoor Lighting Market: Segmentation

By Technology:

  • Control Outdoor Lighting
  • Fixture Outdoor Lighting

By Type of Lighting:

  • LED Lights
  • Plasma Lamps
  • High-Intensity Discharge (HID) Lamps
  • Fluorescent Lights

By Application:

  • Street Lighting
  • Tunnel Lights
  • Highways
  • Others

By Distribution Channel:

  • Retail
  • Commercial

Key Regions Covered

  • North America
    • UNITED STATES
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • United States
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Japan
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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

Hydrogel Face Mask Market: Projected Expansion at a 10.5% CAGR by 2033

Hydrogel Face Mask Market
Hydrogel Face Mask Market

The global hydrogel face mask market size was valued at US$ 116.36 million in 2023 and is estimated to reach a revised size of US$ 315.80 million by 2033. Premium hydrogel face masks are gaining popularity worldwide, leading to a projected expansion of the market at a CAGR of 10.5% during the analysis period.

The increasing demand for anti-aging and revitalizing hydrogel masks stands out as a primary driver fueling the growth of this market. Another significant factor propelling this expansion is the growing awareness of the benefits associated with hydrogel masks.

After the pandemic, the market had high growth prospects due to the increasing demand for organic and natural hydrogel masks. Because organic gel can hold 99% of liquid, it can improve the quality and appearance of the skin. This bodes well for the market’s growth in the coming years.

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This facial treatment employs hydrogels to effectively deliver moisture and essential nutrients to the skin. Hydrogels, composed of water and gel-like polymers, exhibit exceptional absorbency properties. Consequently, they have the capacity to retain large quantities of water and nutrients, making them well-suited for delivering a potent blend of hydration and nourishment to the skin. For instance, hydrogel masks can contain as much as 98% water along with key ingredients like hyaluronic acid, collagen, and vitamins A, C, and E.

Key Takeaways from Market Study

• The hydrogel face mask market is expected to grow at a CAGR of 10.5% over the forecast period.

• According to estimates, the hydrogel face mask market in the Asia Pacific will remain strong throughout the length of the forecast period.

• Dry skin is expected to account for 34% of the hydrogel face mask market in 2023.

• Online channels dominating the global industry accounted for 45.0% of overall revenue and grow at the fastest CAGR of 14.2%.

Competitive Landscape:

Several prominent companies dominate this market, including

  • 111SKIN
  • BIOEFFECT
  • Heritage Brands
  • Unilever
  • L’oréal Groupe
  • Johnson & Johnson
  • Minerva Research Labs
  • TULA Life
  • Ensbeauty Group
  • Natural Face Lift Company

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The choice of active ingredients and materials for hydrogel face masks, as well as packaging, will be driven by sustainability and environmental footprint awareness. Manufacturers of the products can gain a larger share of the market, expand their product portfolios, and expand their geographical reach by engaging in these activities. By partnering with other companies, key players can also gain access to new markets and advanced technologies. They can also acquire companies, merge, and diversify their portfolios.

Recent Developments:

• In January 2022, Seoul Mamas, a U.S.-based private-label K-beauty products company, partnered with Oscar Mayer to produce hydrogel sheet masks that promote skin elasticity and hydration while reducing inflammation.

• In February 2022, Quench Botanics launched the Bravocado Brightening Under Eye Hydrogel Mask as part of its Botanics branch.

• In March 2021, Neutrogena Skin360 will release a highly anticipated 3D-printed sheet mask that will allow users to further customize their masks using the app. Beta testers will be able to customize the Neutrogena MaskiD with their smartphones by using the 3D cameras on their phones.

• As part of the Neutrogena MaskiD hydrogel face mask, Johnson & Johnson used bioprinting technology in March 2021.

• The Glowing Potion Hydrogel Facial Mask and the Lavender Youth Miracle Hydrogel Facial Mask from Maskologist have been introduced in August 2019.

Hydrogel Face Mask Market Segmentation by Category

By Skin Type:

  • Dry
  • Oily
  • All

By Type:

  • Bio-cellulose Based
  • Synthetic Polymers Based

By Application:

  • Skin Brightening
  • Anti-Aging
  • Anti-Acne
  • Others

By Distribution Channel:

  • Online
  • Hypermarkets & Supermarkets
  • Specialty Stores
  • Pharmacy & Drug Stores

By Region Outlook:

  • North America
  • Latin America
  • Europe
  • The Middle East and Africa
  • East Asia

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
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Stretch Films Packs Market is Expected to Reach at a US$ 21,820.58 Million by 2033 | FMI

Stretch Films Packs Market
Stretch Films Packs Market

The stretch films packs market is forecasted to experience a growth of 3.3% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 15,817.30 million in 2023.

Robust expansion of the e-Commerce industry is underpinning the widening of the shipping & logistics sector. Suppliers of different industry verticals are opting for stretch film packs to package their products. This can be attributed to distinct properties of stretch film packs like easy molding, lightweight, clarity, etc. This packaging is wrapped around the product, thus giving appropriate tension to keep the product(s) intact.

Businesses are choosing stretch film packs to secure and unitize loads to avoid damage to packages during transit, whether by dust or weather. Further, stretch film packs are used to provide flexible packaging as multiple products can be packaged together.

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The business growth of stretch film packs is accentuating due to robust industrialization, the surge in retail outlets, and peaking consumerism. Furthermore, rising traction for stretch film packs instead of clamshell packs or blister packs is projected to boost the market share of stretch films packs.

The key factor propelling the uptake of stretch film packs is that it is not easily punctured by sharp objects or edges, particularly during product transportation. Also, the use of this packaging decreases packaging volume as fewer films are used to pack products, therefore assisting manufacturers who are looking for material cost reduction.

Stretch film packs make for an appealing option for product display and present consumers with a practical and convenient packaging solution, thus pushing its bulk adoption.

Top Highlights from the FMI’s Analysis of the Stretch Films Packs Market: 

  • Presently, North America holds dominance in the stretch films industry, with a market share of 35%.
  • The United States is expected to hold a massive share of the market in the forthcoming years.
  • Europe is the second leading country, recording a share of 21% in the global market.
  • Asia Pacific is predicted to expand at a vigorous rate in the next ten years.

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Key Developments in the Market

  • In February 2022, Canada’s federal government authorized the utilization of recycled plastics in stretch films and other products. The Environment and Climate Change Canada (ECCC) and Federal Environment Agency issued a notice that it is planning to draft a regulation for the least recycling content, probably by 2022 end. In general, the government of Canada plans to mandate a 50% proportion of plastic packaging to be constituted of recycled content by 2030.
  • In August 2021, C-P Flexible Packaging, which is a flexible packaging vendor, declared that it had acquired Prestige-Pak Inc., a private Wisconsin manufacturer that primarily develops shrink and other film types for the retail food market. With a recent acquisition, C-P Flexible widened its multi-plant manufacturing base to offer robust response and print quality.
  • Innovia Films, which is a subsidiary of CCL Industries, introduced a new film in its Propafilm offering of transparent specialty packaging films in November 2021. CHS offers enhanced thermal resistance and contraction properties as opposed to conventional polypropylene films. The new offering is designed to replace traditional outer web films in laminates for applications like lidding and pouches in diverse food markets.

Key Segments in the Stretch Films Packs Market

By Type:

  • LLDPE
  • LDPE
  • PVC
  • Others

By Product:

  • Hoods
  • Sleeves and Labels
  • Wraps

By Application:

  • Wine Packaging
  • Crockery Packaging
  • Glassware Packaging

By Industry:

  • Food & Beverage
  • Consumer Goods
  • Pharmaceutical

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • The Middle East and Africa
  • 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.

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