Market Research Blog – Page 3569 – New Product Development

Global Varicella Vaccine Industry Gears Up for a 6.3% CAGR Ascent, Eyes on Exceeding US$ 5.76 Billion by 2032 | FMI Insights

Future Market Insights (FMI), a leading global market intelligence and consulting firm, has released a groundbreaking report forecasting a robust 6.3% Compound Annual Growth Rate (CAGR) for the Global Varicella Vaccine Industry. The report covers the period from 2022 to 2032, predicting a market value set to soar to US$ 5.76 Billion by the conclusion of the assessment period.

The driving force behind this remarkable growth is the global surge in initiatives combatting infectious diseases, with a particular focus on addressing chickenpox and measles. Governments across the world are escalating their efforts to control and prevent the prevalence of these diseases, leading to an unprecedented demand for varicella vaccines.

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From 2015 to 2021, the market flourished significantly, reaching US$ 2.93 Billion by the end of the said historical period. The Chickenpox segment is likely to offer remunerative opportunities for the Global Varicella Vaccines Industry. Several emerging economies are making significant developments in their healthcare sector, thereby, providing lucrative opportunities to players in the market.

Global Varicella Vaccines Industry Key Takeaways:

Global Varicella Vaccines Industry to surpass US$ 3 Billion in value by 2022-end
By application, chickenpox immunization is expected to record a 7.1% CAGR until 2032
By product, monovalent vaccines contributed 73.2% of the total market value in 2021
North America is the fastest-growing market, registering a 6.7% value CAGR
South Asia to be the most opportunistic market, accumulating a market value of US$ 320 Million by 2032
China to be a key contributor in the East Asian market, growing at a 5.9% CAGR

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Global Varicella Vaccines Industry Competitive Landscape

Eminent players in the Global Varicella Vaccines Industry include Bio-Med Pvt. Limited, Pfizer Inc., Emcure Pharmaceuticals Limited, Merck & Co Inc., Sanofi, and Novo Medi Sciences among others. Recent key developments among players include:

In January 2022 – Pfizer Inc. and BioNTech SE announced a new research, development, and commercialization collaboration to develop a potential first mRNA-based vaccine for the prevention of shingles (herpes zoster virus, or HZV) a debilitating, disfiguring, and painful disease that impacts about one in three people in the United States during their lifetime. This is the third collaboration between Pfizer and BioNTech in the infectious diseases field.
In July 2021 - GC LabCell and GC Cell announced a merger agreement to combine in an all-stock transaction. The transaction brings together two iconic South Korean biopharmaceutical companies, highly complementary portfolios with a robust broad cell therapy R&D pipeline and cutting-edge manufacturing capabilities to accelerate growth and enhance value creation.

More Valuable Insights

In its new offering, Future Market Insights presents an unbiased analysis of the Global Varicella vaccine industry, presenting a historical analysis from 2015 to 2021 and forecast statistics for 2022-2032.
The study reveals essential insights based on product (monovalent, combination) by application (chickenpox immunization, herpes zoster immunization, mumps, measles, and rubella & varicella (MMRV) immunization) and by end-user (hospitals, clinics, and others), across seven major regions (North America, Europe, South Asia, East Asia, Oceania, Middle East & Africa, and Latin America)

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Key Segments Covered in the Varicella Vaccines Industry Survey
Global Varicella Vaccines Industry by Product:

Monovalent Varicella Vaccines
Combination Varicella Vaccines

Global Varicella Vaccines Industry by Application:

Varicella Vaccines for Chickenpox Immunization
Varicella Vaccines for Herpes Zoster Immunization
Varicella Vaccines for Mumps, measles, rubella & varicella (MMRV) Immunization

Global Varicella Vaccines Industry by End User:

Varicella Vaccines for Hospitals
Varicella Vaccines for Clinics
Varicella Vaccines for Other End Users

Global Varicella Vaccines Industry by Region:

North America Varicella Vaccines Market
Europe Varicella Vaccines Market
South Asia Varicella Vaccines Market
East Asia Varicella Vaccines Market
Oceania Varicella Vaccines Market
Middle East & Africa Varicella Vaccines Market
Latin America Varicella Vaccines Market

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 is 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 team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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Global Veterinary Services Industry Set to Skyrocket, Projected to Reach US$ 244.4 Billion by 2032 | FMI

In a groundbreaking revelation, Future Market Insights (FMI) has unveiled the extraordinary potential of the Global Veterinary Services Industry, estimating its value at an impressive US$102.3 billion in 2021. This momentous announcement comes as FMI anticipates a remarkable surge in the market, with an expected growth rate of 8.4% from 2022 to 2032—significantly surpassing the average industry growth.

FMI’s comprehensive study, utilizing the latest insights and statistics sourced from leading pharmaceutical and healthcare device manufacturers globally, foresees a compelling 2.4 times increase in revenue from veterinary services. This projection underscores the industry’s unprecedented growth, with FMI anticipating the market to reach an astounding US$ 244.4 billion by the year 2032.

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Over the past decade, the healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancements in technology have created impressive scope within the medical sector for diagnostics and therapeutics.

The report offers extensive data sets validating key trends impacting growth in the Veterinary Services Industry. It offers insights into strategies adopted by the key players and addresses the concerns that will challenge the growth of the Veterinary Services Industry. With our extensive research and information about the past, current, and future market scenario, the Veterinary Services Market report will help and identify the concerns, for a smooth sail of small & medium as well as large enterprises.

Critical Questions Answered in the Report

What are ongoing trends that will shape the market growth curve for the global Veterinary Services Market?
What are the drivers and challenges affecting the Veterinary Services Market demand?
What are the recent technological advancements in the Veterinary Services Market?
What are key trends and opportunities that will prevail in the revenue growth of Veterinary Services Market players?
How will evolving regulatory policies impact market growth?
What is the impact of Covid-19 on the Veterinary Services Market?

Global Veterinary Services Industry: Segmentation

By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Detailed analysis of the geographical region and country-wise insights are offered in the latest Veterinary Services Market report with established market players as well as incumbents in the region.

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Market Segments Covered In Global Veterinary Services Industry Analysis

By Animal Type:

Production Animal
- Cattle
- Poultry
- Swine
- Other Production Animals
Companion Animal
- Dogs
- Cats
- Horses
- Other Companion Animals

Comprehensive analysis of the regional markets offers exclusive insights into the market performance across geographies along with relevant graphs, figures, and a list of tables.

Global Veterinary Services Industry Competitive Analysis

By Prominent Global Veterinary Services Industry Players

Mars Inc.
Greencross Ltd.
National Veterinary Care Ltd.
Pets at Home Group PLC
CVS Group PLC
Ethos Veterinary Health
Addison Biological Laboratory
Armor Animal Health
PetIQ, LLC

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects, and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Veterinary Services Industry

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Why Future Market Insights?

Comprehensive analysis of evolving purchase patterns across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the Veterinary Services Market
Detailed information about the product innovation, mergers, and acquisitions lined up in upcoming years
Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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.

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Nandini Singh Sawlani

Revolutionizing Research: Electronic Lab Notebook (ELN) Market Surges, Projected to Exceed US$ 1.18 Billion by 2029

The electronic lab notebook (ELN) market income added up to ~US$ 421.0 Million in 2021. The electronic lab notebook (ELN) market is projected to arrive at ~US$ 1,180.3 Million by 2029, developing at a CAGR of 13.9% from 2022 to 2029.

A new Future Market Insights (FMI) concentrate on tracks how the reception of electronic lab notebook (ELN) programming is getting down to business in the worldwide market. Set to observe a twofold digit CAGR throughout the following ten years, the worldwide ELN programming market will outperform a billion-dollar incomes by 2029 end.

Expanding interest for laboratory data the board frameworks (LIMS), chromatography information frameworks (CDS), logical instrumentation, and logical information the executives frameworks (SDMS) will set out potential development open doors for the electronic lab notebook (ELN) programming suppliers.

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Other key development powerhouses related with market incorporate basic requirement for decreasing information audit and process durations, data catching and reuse, staying away from rehashes, and reexamination in the existence sciences industry application.

Key Takeaways – Electronic Lab Notebook (ELN) Software Market Study

Increasing outsourcing of manufacturing and R&D activities by pharmaceutical companies from other regions such as North America and Europe are resulting in high demand for ELN for efficient laboratory data management and regulatory compliance.
Emerging cloud-based technology provides web and cloud-based solutions for various factors such as cost-effectiveness, real-time analytics, easy access to data, integration with other systems & software, sharing of data internally and externally, scalability and flexibility.
Software solution based segment electronic lab notebook (ELN) software market is expected to generate an incremental opportunity of ~US$ 611 Mn during the forecast period.

Product Innovation Key to Enhance Remote Sensing Technology

Key vendors are focusing on adoption of electronic lab notebook (ELN) software for conducting research in the life sciences industry under various domains such as pharmaceuticals, chemicals and others and follow a practice of recording daily activities.

For instance, Scilligence Corporation offers electronic lab notebook (ELN) software for training graduate and undergraduate students in industrial standards and processes. It also allows students to run ELN in their own devices (computers, iPad, Android tablet, etc.), without any software installation.
For instance, Arxspan LLC. offers ArxLab electronic lab notebook (ELN) software preconfigured for biology application. It consists of a cloud-based architecture and helps to streamline workflows, protect sensitive IP (Intellectual Property), increase productivity and is compliant to standard regulations.

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Competitive Landscape

Many key players are inclined at investing heavily in lab automation technology research and development practices to uncover increased applications of electronic lab notebooks. With the use of technology, vendors are also focusing on lowering the cost of electronic lab notebook, and customer satisfaction for captivating an increased customer base.

For instance, in November 2019, Thermo Fisher Scientific introduced latest forensic laboratory qualified capillary electrophoresis platform. The platform is designed for both new and experienced users who need a simple instrumentation experience for forensic analysis.

Learn More About Report Inclusions

In this report, the global electronic lab notebook (ELN) software market is tracked in terms of value, and is calibrated to obtain the market revenue estimates. The report is categorically split into six major sections, namely market analysis by solution such as software (laboratory information management system (LIMS) platform and electronic lab notebook (ELN) software) and services (Validation services, consulting services, implementation and integration services, support and maintenance, training).

By license (proprietary ELN, open source ELN), by deployment (cloud and on-premises), by enterprise size (small & medium and large), by pricing model such as subscription model (monthly subscription & annual subscription) and one time license, and industry (healthcare and life sciences, energy, food & beverages, academic & scientific research, petrochemicals, mining and metals, others), across seven major regions.

Electronic Lab Notebook (ELN) Market Outlook by Category

By Solution:

Electronic Lab Notebook (ELN) Software
- Laboratory Information Management
- System Platform
- Electronic Lab Notebook Software
Electronic Lab Notebook (ELN) Services
- Validation Services
- Consulting Services
- Implementation & Integration Service
- Support & Maintenance
- Training

By Deployment :

Cloud
On-Premises

By Enterprise Size:

Small & Medium Enterprises
Large Enterprises

By Industry :

Healthcare & Life Sciences
Energy
Food & Beverages
Academic & Scientific Research
Petrochemicals
Mining & Metals
Others

By Region :

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East & Africa (MEA)
GCC Countries
Emerging Countries

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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

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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Lighting Africa: Africa LED and OLED Displays and Lighting Products Market Set to Surge, Expected to Reach 206.7 Mn Units by 2026

The Africa LED and OLED displays and lighting products market, once valued at US$ 684.9 million in 2015, is now set to illuminate the region with a remarkable projected Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period of 2016–2026. The market’s glowing future is attributed to the increasing government support and the introduction of new government projects for LED lighting, creating a radiant path for the lighting products market in Africa.

Africa LED & OLED displays and lighting products market consisted of 30.9 million units. Fast forward to 2026, and it is poised to shine even brighter, with an expected market volume of 206.7 million units. The light-emitting diode (LED) technology is at the heart of this luminous transformation, being one of the most energy-efficient and rapidly-evolving lighting technologies.

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Displays and lighting products are the two categories used to classify the market for LED and OLED products in Africa. The market is further divided into mobile displays, consumer TV displays, and outdoor LED displays based on display types. The African market is divided into sections based on product type and uses for lighting goods. The market is further divided into LED bulbs, bare LED tubes, LED fixtures, and solar LED lighting based on the kind of product. Street lighting, down lighting, garden lighting, ceiling lighting, ornamental and portable lighting, and other types of lighting are some of the applications that the industry is divided into.

Market highlights

The consumer TV displays sub-segment was valued at US$ 130.2 Mn in 2015 and is anticipated to register a CAGR of 18.8% during the forecast period. The introduction of off-grid solar-powered television for rural areas of the African region is expected to drive the growth of this market during the forecast period.
The LED bulbs sub-segment accounted for the highest market share and was valued at US$ 193.9 Mn in 2015. However, the solar LED lighting sub-segment is expected to register a healthy CAGR of 28.6% during the forecast period.
Among applications, the street lighting segment accounted for the highest market share in 2015, occupying 37.6% share of the African lighting products market.

Competitive Landscape – Regional Trends The competitive landscape of this market is characterized by regional trends. Different African countries are embracing LED and OLED lighting solutions at varying paces, influenced by factors such as economic development, infrastructure projects, and energy conservation efforts. It is essential for market players to tailor their strategies to align with the unique dynamics and demands of each region.

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Restraints While the Africa LED and OLED displays and lighting products market exhibit significant potential, it is not without its challenges. These include issues related to affordability and accessibility, particularly in less economically developed regions. Additionally, the market faces competition from traditional lighting technologies, which still have a presence in certain segments. Overcoming these barriers will be crucial for sustained market growth.

Region-wise Insights – Category-wise Insights For a more comprehensive understanding of the market, it is essential to analyze regional and category-specific trends. These insights will help stakeholders make informed decisions and capitalize on growth opportunities in specific areas and product segments.

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 over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global PVDC Coated Film Market Poised for Substantial Growth, Expected to Reach US$ 13.1 Billion by 2033

The global PVDC Coated Film Market is on a trajectory of significant expansion, with a predicted valuation of US$ 9.6 billion in 2023, soaring to US$ 13.1 billion by 2033. The market is anticipated to secure a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period.

Key Market Drivers

Barrier Properties: The increasing demand for PVDC-coated film is fueled by consumers seeking moisture barrier properties and excellent oxygen protection. These films play a crucial role in packaging goods, reducing contamination and preserving product freshness.
Extended Shelf Life: Manufacturers across various sectors are embracing PVDC-coated films to enhance packaging, leading to superior protection and reduced food and beverage wastage. This trend is attracting significant demand from end-users.
Aesthetic Appeal: Consumers are increasingly drawn to premium packaging options that offer gloss, printability, and clarity, driving the market growth for PVDC-coated films.
Pharmaceutical Packaging: The pharmaceutical sector is witnessing a surge in demand for PVDC-coated films for packaging capsules, tablets, and other medicines, facilitating environmental corrosion reduction and ensuring product integrity.
Environmental Concerns: Growing consumer concerns about environmental sustainability are driving demand for PVDC-coated films as sustainable packaging alternatives. Manufacturers are innovating to develop smart PVDC coatings to meet consumer demands effectively.
Regulatory Compliance: Key industry players are prioritizing compliance with regulations governing pharmaceutical and food safety packaging. The increasing demand for high-quality, compliant products is a significant factor contributing to market growth.

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Growth Opportunities:

Increased Demand for Flexible Packaging: The rising demand for flexible packaging solutions, particularly in the food and pharmaceutical industries, creates a significant growth opportunity for PVDC coated films. These films offer excellent barrier properties, enhancing the shelf life of products.
Advancements in Technology: Ongoing advancements in PVDC coating technology, including improved formulations and application methods, provide opportunities for manufacturers to enhance the performance and versatility of PVDC coated films, meeting diverse industry needs.
Growing Emphasis on Sustainable Packaging: As sustainability becomes a key focus in the packaging industry, the eco-friendly nature of PVDC coated films, which are recyclable and contribute to reduced material usage, positions them favorably for growth in a market increasingly driven by environmental considerations.
Expansion in Emerging Markets: The PVDC coated film market has opportunities for expansion in emerging markets where the demand for packaged goods is rapidly increasing. This includes regions with a growing middle class and increased consumer spending on packaged foods and personal care products.
Collaborations and Partnerships: Strategic collaborations and partnerships between PVDC coating manufacturers and key players in end-use industries can unlock new growth avenues. Customized solutions and joint research efforts can address specific application requirements, fostering market expansion.

Industry Trends:

Focus on High-Barrier Performance: There is a trend toward developing PVDC coated films with enhanced barrier performance to meet the stringent requirements of sensitive products, such as pharmaceuticals and specialty foods. This includes advancements in multi-layer structures to achieve optimal barrier properties.
Shift towards Water-Based Coatings: The industry is experiencing a trend toward water-based PVDC coatings as opposed to solvent-based alternatives. This shift aligns with sustainability goals, reducing environmental impact and addressing regulatory concerns related to volatile organic compounds (VOCs).
Increasing Application in Medical Packaging: The PVDC coated film market is witnessing a trend in the increased use of these films in medical packaging applications. The exceptional barrier properties of PVDC make it suitable for protecting medical devices and pharmaceutical products from moisture and other environmental factors.
Rising Demand for Transparent Barrier Films: Consumer preference for transparent packaging to showcase product visibility is driving the demand for transparent barrier films. PVDC coated films, with their transparent nature and excellent barrier performance, are gaining popularity in various packaging applications.
Adoption of Nanotechnology in Coating: Nanotechnology is being increasingly incorporated into PVDC coating formulations to enhance film properties. This includes improved mechanical strength, reduced coating thickness, and the ability to tailor barrier characteristics at a nanoscale level, offering innovative solutions to packaging challenges.

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Key Takeaways:

The PVDC-coated film market is registering a CAGR of 3.1% between 2023 to 2033.
The United States is expected to register a CAGR of 2.2% by dominating the global market by 2033.
Canada is anticipated to capture a CAGR of 3.3% of the global market by 2033.
India is anticipated to register a CAGR of 5.9% in the global market by 2033.
China significantly drives the global market with a CAGR of 5.4%.
With a CAGR of 4.8%, Thailand is rapidly advancing in the global market.
The food sector is estimated to lead the global market during the forecast period.

Key Players:

Mondi Group plc.
Kureha Corporation
Jindal Poly Films Limited
Cosmo Films Ltd
Bilcare Limited
Glenroy, Inc.
Vibac Group S.p.A.
Innovia Films
Polinas Corporate
Klöckner Pentaplast
CCL Industries Inc.
CPH Chemie & Papier Holding AG
SKC Co., Ltd

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Key Segmentations:

By Substrate Material:

Polyethylene (PE)
Polyethylene Terephthalate (PET)
Polyvinylchloride (PVC)
Polypropylene (PP)
Polyamide (PA)

By Application:

Laminates
Wraps
Lidding Films
Pouches & Bags
Blisters

By End Use:

Food

- Fruits & Vegetables
- Meat, Poultry & Seafood
- Bakery & Confectionery
- Ready-to-Eat
- Dairy Products
Healthcare & Pharmaceuticals
Cosmetics & Personal Care
Others

By Region:

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific excl. Japan
Japan
The Middle East and Africa (MEA)

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.

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Nandini Singh Sawlani

Multihead Weighers Market Poised to Reach US$ 343.6 Million by 2033, Driven by Speed and Accuracy in Industrial Weighing

The global market for multihead weighers is experiencing steady growth, with an expected valuation of US$ 238.9 million in 2023, according to recent market analysis. Projections indicate further acceleration, albeit at a slow Compound Annual Growth Rate (CAGR) of 3.7%, reaching a valuation of US$ 343.6 million by 2033.

Overview of Multihead Weighers

Multihead weighers are renowned for their speed, accuracy, and reliability in industrial weighing applications. Initially developed in the 1970s by the Japanese multinational company Ishida, these machines were primarily used for weighing specific vegetables. However, over time, their applications expanded to include a wide range of products, particularly in the packing industry.

Market Dynamics

The top three countries are anticipated to dominate 35 to 40% of the global market for multihead weighers in 2023. The surge in demand is attributed to the versatility and efficiency of these machines, which are capable of quickly weighing and packing various products, both food and non-food items.

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Expansion into the Chemical and Pharmaceutical Industry

The expansion of the chemical and pharmaceutical industry is expected to significantly boost the demand for multihead weighers. With the rising geriatric population and the global expansion of the pharmaceutical sector, there is an increased demand for healthcare supplements and medicines. Multihead weighers play a crucial role in ensuring the accuracy and efficiency of medication production processes.

Moreover, the adoption of multihead weighers allows manufacturers to enhance productivity and profitability by eliminating manual errors and reducing wastage. These machines enable manufacturers to meet the rising global demand for chemical products and medicines while ensuring precise proportions of ingredients and reducing costs.

Key Takeaways:

From 2013 to 2022, the market for multihead weighers was observed to experience a sluggish 3% CAGR.
In 2023, FMI expects Germany market for multihead weighers to hold a share of 27% in Europe.
Between 2023 and 2033, sales in the United States multihead weighers industry is anticipated to create incremental US$ 61.6 million
The rotary machine segment it expected to expand 5x of its present industry share between 2023 and 2033.
The food segment is likely to account for 90% of the market’s share from 2023 to 2033.

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Growth Drivers:

Increased Demand for Efficiency: The growing need for enhanced operational efficiency in the food and packaging industries is a significant driver for the multihead weighers market. These systems offer rapid and accurate weighing, reducing production time and costs.
Expanding Food and Beverage Industry: The continuous expansion of the global food and beverage industry fuels the demand for advanced weighing solutions. Multihead weighers cater to the diverse needs of this sector, handling various products with speed and precision.
Automation and Industry 4.0 Integration: As manufacturing processes become increasingly automated, the integration of multihead weighers into Industry 4.0 setups is a key growth driver. These weighers seamlessly connect with other smart technologies, providing a more streamlined and connected production environment.
Focus on Hygiene and Compliance: Stringent regulations and a growing emphasis on hygiene and product safety drive the adoption of multihead weighers. These machines are designed with features that comply with industry standards, ensuring the integrity of the final product.
Globalization of Supply Chains: The globalization of supply chains necessitates efficient and adaptable packaging solutions. Multihead weighers enable companies to meet the demands of diverse markets by accommodating a wide range of products and packaging formats, driving market growth.

Market Innovations:

AI and Machine Learning Integration: Innovations in multihead weighers include the incorporation of artificial intelligence (AI) and machine learning algorithms. These technologies optimize weighing processes by learning and adapting to product variations, enhancing accuracy over time.
Smart Sensing Technology: Advanced sensors and vision systems are integrated into modern multihead weighers, allowing for precise detection and handling of different products. This innovation enhances the adaptability of these systems to handle diverse items efficiently.
Hybrid Weighing Systems: Innovations in multihead weighers include the development of hybrid systems that combine the strengths of different weighing technologies. This allows for increased flexibility and accuracy in handling a variety of products in a single machine.
Data Analytics for Performance Optimization: The integration of data analytics tools enables real-time monitoring and analysis of multihead weigher performance. Manufacturers can use this data to identify bottlenecks, improve efficiency, and make informed decisions for process optimization.
Remote Monitoring and Control: With advancements in connectivity and IoT (Internet of Things) technologies, modern multihead weighers offer remote monitoring and control capabilities. This innovation allows operators to manage and troubleshoot machines from a distance, improving overall operational efficiency.

Key Players

IMA Group,
ISHIDA CO., LTD.,
Marel Food Systems,
Scanvaegt Systems A/S,
Duravant LLC,
MULTIPOND Wägetechnik GmbH,
Yamato Scale Co., Ltd.,
multiweigh GmbH,
Dm Packaging Group S.r.l,
RADPAK,
PFM Group,

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Multihead Weighers Industry

By Number of Heads:

Up to 10 Heads
11 Heads to 15 Heads
16 Heads to 20 Heads
More than 20 Heads

By Machine Output:

Up to 70 PPM
71 PPM to 140 PPM
141 PPM to 210 PPM
More than 210 PPM

By Maximum Weight Measurement:

Up to 1000 Grams
1001 Grams to 2500 Grams
2501 Grams to 5000 Grams
More than 5000 Grams

By Machine Type:

Rotary Machine
Linear Machine

By End-Use:

Food
- Snacks Food
- Meat, Poultry, and Frozen Food
- Ready-to-eat Meals
- Fresh Produce & Salads
- Dairy Products
- Bakery & Confectionary
- Cereals & Grains
- Others (Pet Food, etc.)
Chemical
Pharmaceutical
Other Industrial

By Region:

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

Conclusion

The global multihead weighers market is poised for continued growth, driven by the expansion of industries such as pharmaceuticals and chemicals. As manufacturers prioritize efficiency and accuracy in production processes, the demand for multihead weighers is expected to rise steadily in the coming years.

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 over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Fiber-Reinforced Gummed Tapes Drive Market Surge, Sales Set to Double by 2031 with 6.2% CAGR

The global gummed tapes market is poised for remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 6.2% during the assessment period from 2021 to 2031. According to a new forecast by Future Market Insights (FMI), sales of gummed tapes are anticipated to nearly double between 2021 and 2031.

Market Dynamics

The gummed tapes market dynamics are influenced by various industry factors and specific influences such as light packaging pressure-sensitive tapes being cheaper compared to paper gummed tapes. The increasing demand for enhanced sealing and strong adhering properties, as compared to traditional gluing tapes, is driving the surge in gummed tapes sales.

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Comparison Analysis

According to FMI’s study, the gummed tapes market is expected to grow at a CAGR of approximately 6.2% from 2021 to 2031, compared to a 5% CAGR registered from 2015 to 2020. This significant increase underscores the growing preference for gummed tapes in various packaging applications.

Product Type Analysis

In terms of product type, brown gummed tapes are projected to dominate the market share. The high strength and eco-friendly nature of brown gummed tapes, made with plant-based adhesives and recyclable kraft paper, contribute to their increasing sales. These tapes can be easily recycled along with paper and corrugated boxes, making them a sustainable choice for packaging solutions.

Key Takeaways:

By backing material, the fibre reinforced tape is expected to hold around 90% of the market by 2031.
Brown gummed tapes segment is forecast to hold maximum share in the global market registering 6% CAGR during the assessment period.
In terms of adhesives, the starch adhesives is projected to expand by 2x over the next decade.
Based on application, the splicing segment is poised to expand at a CAGR of 7.5% by 2031, registering year-on-year growth by 8% during 2025-2027.
By end use, shipping & logistics, food & beverages segment and electrical & electronics segment are anticipated to, collectively, hold around 40% of the market share.
North America, Europe, and East Asia are projected to hold approximately 65% of the market share by the end of 2031.

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Growth Drivers in the Gummed Tapes Industry:

E-commerce Boom: The surge in online shopping and e-commerce activities is a significant driver for the gummed tapes market. As businesses strive to enhance packaging efficiency, gummed tapes offer a secure and tamper-evident solution, contributing to their increased demand.
Sustainable Packaging: With a growing emphasis on sustainability, gummed tapes, often made from recyclable materials, appeal to environmentally conscious consumers and businesses. The shift towards eco-friendly packaging solutions is a strong driver for the gummed tapes market.
Industrial Applications: Gummed tapes find extensive use in various industries, including manufacturing and logistics, due to their high adhesion properties and durability. As industrial activities continue to expand, the demand for reliable and robust packaging solutions like gummed tapes is expected to rise.
Customization and Branding: The ability of gummed tapes to offer customization options, including branding and printing capabilities, is driving their adoption among businesses looking to enhance their packaging aesthetics and brand visibility.
Stringent Regulations: Increasing regulations regarding packaging materials and the need for secure, tamper-evident packaging in industries such as pharmaceuticals and food are propelling the demand for gummed tapes. Compliance with these regulations is a key growth driver for manufacturers in the gummed tapes market.

Industry Trends:

Technological Advancements: The gummed tapes market is witnessing technological advancements, such as innovations in adhesive formulations and application techniques. These advancements aim to improve the overall performance, durability, and usability of gummed tapes in various packaging scenarios.
Rise of Biodegradable Options: The industry is experiencing a trend towards the development and adoption of biodegradable gummed tapes. As the global focus on sustainability intensifies, manufacturers are exploring and introducing eco-friendly alternatives to meet market demands.
E-commerce Packaging Standardization: With the increasing dominance of e-commerce, there is a trend towards standardization of packaging materials. Gummed tapes are becoming a preferred choice for standardized packaging due to their reliability, cost-effectiveness, and ease of use in automated packaging systems.
Growing Popularity of Reinforced Gummed Tapes: The demand for reinforced gummed tapes, equipped with additional strength through fiberglass or other materials, is on the rise. This trend is particularly noticeable in industries requiring heavy-duty and secure packaging solutions, such as the transportation of goods over long distances.
Global Supply Chain Challenges: The gummed tapes market is affected by global supply chain challenges, including fluctuations in raw material prices and transportation disruptions. Industry players are adapting to these trends by implementing strategic sourcing practices and exploring regional manufacturing options to ensure a stable supply chain.

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Gummed Tapes Market by Category

By Backing Material:

Paper Gummed Tapes
Fiber Reinforced Gummed Tapes

By Product Type:

White Gummed Tapes
Brown Gummed Tapes

By Adhesive Type:

Starch Adhesives
Other Adhesives

By Application:

Box & Carton Sealing
Splicing
Others

By End Use:

Shipping & Logistics
Building & Construction
Food & Beverages
Electrical & Electronics

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 over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Interactive Whiteboards Market Surges Past US$ 400 Million Mark Amidst Rising E-Learning Trends

The interactive whiteboard market is expected to positively impact by the ongoing covid-19 outbreak. Lockdown measures have forced businesses to adopt work from home policies, and educational institutions have been forced to temporarily shutdown operations, or provide online education facilities. These factors will generate fairly lucrative opportunities for interactive whiteboard developers, aiding market developments throughout the crisis.

“Integration of cloud and artificial Intelligence technologies in new product offerings will aid adoption of interactive whiteboards. Such improvements enable remote users to take notes, translate data, and leverage real-time analytics boosting application in government and corporate settings for the foreseeable future,” says the FMI analyst.

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Interactive Whiteboard Market – Important Takeaways

Infrared technologies are finding increasing roles in interactive whiteboard products, owing to higher demand for multi-touch features in corporate and educational applications.
Portable interactive whiteboards are highly sought after, owing to independence from external support infrastructure.
Asia Pacific is witnessing a high growth rate in the adoption of interactive whiteboards driven by favorable government initiatives towards online education.

Interactive Whiteboard Market – Driving Factors

Rapid transition in education towards digital classrooms is a key factor propelling the demand for interactive whiteboards.
Major investments into information and learning technology for education and corporate training applications support adoption.

Interactive whiteboard Market – Leading Constraints

Growing adoption of tablets and smartphones are limiting the requirement for interactive whiteboards.
Lack of workers with requisite skills is a major challenge to market players in development and production operations.

Expected Impact on Market by Coronavirus Outbreak

The coronavirus pandemic has significantly increased the demand for interactive whiteboards as online education has become mainstream with lockdown measures in place around the world. Further, Corporate organizations, are making greater use of interactive whiteboards for employee training and business meeting applications as work-from-home operations have become common, in an effort to contain the contagion.

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Competition Landscape

Some of the top players taking part in the interactive whiteboard market are InFocus Corp., Xiamen Interactive Technology Co., Seiko Epson Corp., SMART Technologies ULC, BenQ, Promethean Ltd., ELMO Co. Ltd., Boxlight, Hitachi Interactive Solutions, Genee World Ltd., Ricoh, and Sharp Corp.

Market players are pushing for improvements to product functionality and performance, in addition to new product launches to expand product portfolio, and to optimize offerings according to consumer demand.

For instance, Ricoh launched a new interactive whiteboard with capabilities of handling over 150 remote participants simultaneously. BenQ has introduced EZWrite Live interactive whiteboard system enabling seamless transition between visual and interactive sessions. Sharp Electronics Corp has launched 3 new budget, interactive whiteboards with 4K ultra-HD capabilities.

More on the Report

FMI provides in-depth insights on the interactive whiteboard solution market. The market is segmented in terms of solution (hardware, software, and collaborative tools), type (resistive, capacitive, electromagnetic, laser scan, ultrasound, and infrared), size (below 50 in, 50 to 79 in, 79 to 89 in, 89 to 99in, and above 99in), application (corporate, educational, and others) and operating system (Windows, mac OS, and others) across six regions (North America, Latin America, Europe, Southeast Asia & Pacific, East Asia, and Middle East and Africa).

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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 over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Innovative Strategies and Expanded Marketing Channels Propel Global IV Bag Industry Towards US$ 3.4 Billion by 2034

The global IV bag market is on a trajectory of substantial growth, with the market value estimated at US$ 1.9 billion in 2024, according to the latest industry analysis report. Key forces driving the demand for IV bags include the need for preventative measures against dose delivery errors and the demand for advanced IV containers.

Market Growth Projections

Analysts predict a moderate Compound Annual Growth Rate (CAGR) of 6.1% over the next decade, with the global IV bag industry expected to reach a valuation of US$ 3.4 billion by 2034. This growth is fueled by the adoption of new strategies by IV bag companies, emphasizing consumer marketing and expanding distribution channels.

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Market Trends & Analysis

IV bags, costing around US$ 1, provide a cost-effective alternative to infusion pumps, which can cost as much as US$ 2300. The affordability and accessibility of IV bags have made them the preferred choice for parenteral packaging solutions globally. Limited capacity in procuring infusion pumps in many countries has further strengthened the demand for IV bags.

The need for blood storage also drives demand for IV bags, as they play a critical role in saving lives during emergencies. With the increasing penetration of medical facilities in underdeveloped areas, the demand for medical fluid bags and IV bags is expected to rise significantly.

Historical Analysis vs. Forecast Outlook

The global empty IV bag market was valued at US$ 1.5 billion in 2019, with IV bag sales increasing by an average of 5% per year between 2019 and 2023. Despite challenges posed by the COVID-19 pandemic, the IV bag industry has demonstrated resilience, leveraging disruptive developments to build portfolios and strengthen brands.

Business Growth Opportunities:

Innovation in Material Science : Developing IV bags with advanced materials that enhance durability, reduce leaching, and improve compatibility with various medications can open new avenues for growth.
Customization and Personalization : Offering customizable IV bags to meet the specific needs of patients and healthcare facilities can be a lucrative growth opportunity, catering to individual preferences and medical requirements.
Expansion into Emerging Markets : Penetrating emerging markets with affordable and accessible IV bag solutions can significantly expand the customer base and drive growth in regions with increasing healthcare demands.
Technological Integration : Integrating technology such as smart sensors and tracking systems into IV bags to monitor medication administration, dosage, and patient response can enhance safety and efficiency, creating new growth opportunities.
Focus on Sustainability : Developing eco-friendly and sustainable IV bag options by utilizing biodegradable materials or implementing recycling programs can appeal to environmentally conscious consumers and drive growth through ethical practices.

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Upcoming Trends in the IV Bag Industry:

Shift Towards Non-PVC Materials : With growing concerns about phthalate exposure and environmental impact, there is a notable trend towards using non-PVC materials for IV bags, such as polypropylene and polyethylene, which offer safer and more eco-friendly alternatives.
Rise in Home Infusion Therapy : The increasing preference for home-based healthcare services is driving the demand for IV bags suitable for home infusion therapy, creating opportunities for manufacturers to develop user-friendly and portable solutions tailored for this market segment.
Focus on Patient Safety and Infection Control : Heightened awareness of healthcare-associated infections (HAIs) and the importance of patient safety is driving the adoption of IV bags with enhanced infection control features, such as antimicrobial coatings and barrier technologies, to minimize the risk of contamination during medication administration.
Integration of Drug Delivery Systems : The integration of drug delivery systems directly into IV bags, such as elastomeric pumps and electronic infusion devices, streamlines medication administration and enhances precision dosing, reflecting a growing trend towards integrated solutions in the IV therapy market.
Expansion of Biologic and Cell Therapy Applications : The increasing utilization of biologic drugs and cell therapies in healthcare presents opportunities for specialized IV bag solutions capable of accommodating complex formulations and delicate biological materials, catering to the evolving needs of the pharmaceutical and biotechnology industries.

Key Players:

Some key players in the IV bag market are Mountainside Medical Equipment, Kraton Performance Polymers Inc., Renolit, Angiplast Pvt. Ltd, Medline Industries, Inc., Baxter, Sippex IV bag, Wipak Group Management, B. Braun Medical Inc., ICU Medical, Inc., Guangdong Lejin Medicine Co., Ltd, Fresenius Kabi Group.

Regional Analysis:

The IV bag market presents dynamic trends across various regions, each driven by unique factors shaping demand and growth. In the United States, a proactive adoption of leading-edge technologies by market players is propelling the industry forward, with a projected CAGR of 4.1%. This growth is further fueled by an increasing incidence of chronic diseases and an aging population, necessitating intravenous treatments and IV bag usage.

Similarly, the United Kingdom is experiencing a surge in IV bag demand, especially with the extension of home healthcare services and the shift towards eco-friendly materials. Chinese manufacturers are leveraging robust export opportunities, driven by the demand for IV bags in hospitals and the expanding healthcare infrastructure in Asia, Africa, and the Middle East.

Meanwhile, Germany remains a favorable hub for European IV bag manufacturers, with a steady CAGR of 4%, while India emerges as a lucrative market with a projected annual growth rate of 7.6%. Economic development and investments in healthcare infrastructure contribute to India’s burgeoning IV bag market, reflecting a broader trend of rising demand for medical supplies in developing regions.

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Market Segmentation:

Based on the type of material used,

PVC
Ethylene vinyl acetate
Polypropylene
Copolyester ether

Based on the type of end use,

To correct electrolyte imbalances
To deliver medications
Blood transfusions
Blood Storage

Based on the size,

0 – 250 ml
250 – 500 ml
500 – 1000 ml

Regionally global IV bag market is segmented into

North America
Latin America
Eastern Europe
Western Europe
Asia-Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan

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 over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Booming Demand in Food and Medical Sectors Drives the Global Vacuum Sealing Machine Market to Cross US$ 1.6 Billion by 2032

The global vacuum sealing machine market is poised for remarkable expansion, projected to soar from US$ 1021.2 million in 2022 to US$ 1636.4 million by 2032, marking a notable Compound Annual Growth Rate (CAGR) of 4.8% over the forecast period.

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Key Market Drivers

Increased Demand Across Industries: The demand for vacuum sealing machines has surged across various sectors, including the food industry, medical sector, and other applications, owing to their ease of use and high efficiency.
Preservation of Freshness and Flavour: Vacuum sealing machines play a crucial role in preserving the freshness and flavour of food products by removing air from the packaging, thereby extending shelf life and maintaining product quality.
Rising Demand for Packaged Food: With a growing preference for packaged food and beverages worldwide, the need for extended shelf life has become a significant concern for manufacturers, leading to increased adoption of vacuum sealing machines, especially in Modified Atmosphere Packaging (MAP).
Innovations and Advancements: Market players have introduced advanced vacuum sealing machines with features like customizable vacuum percentage and duration, catering to both residential and commercial applications and driving market expansion.

Challenges Ahead

Despite the promising outlook, the vacuum sealing machine market faces certain challenges:

High Overheads: Mounting overhead costs associated with setup and operation may impede market growth, particularly in certain regions.
Manufacturing Costs: The high manufacturing cost of foils and packets used in packaging processes poses a barrier to adoption among Small and Medium Enterprises (SMEs), limiting market expansion.

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Industry Trends:

Smart and Connected Appliances:
- The integration of smart and connected features in vacuum sealing machines is a prominent trend. These appliances can be controlled remotely via smartphones or other devices, offering users greater convenience and control over the food preservation process.
Eco-friendly Packaging Solutions:
- A growing emphasis on environmental sustainability has led to a trend in the development of eco-friendly packaging solutions. Manufacturers are exploring materials that are recyclable and biodegradable, aligning with the broader movement toward greener practices.
Compact and Portable Designs:
- There is a rising trend towards compact and portable vacuum sealing machines, catering to the needs of consumers with limited kitchen space or those who desire on-the-go food preservation options. Portable models are gaining popularity for outdoor activities and travel.
Increased Customization and Versatility:
- Consumers are seeking vacuum sealing machines that offer a high degree of customization and versatility. Manufacturers are responding by introducing machines with adjustable settings, various vacuum levels, and compatibility with different types of bags, providing users with greater flexibility.
Focus on Hygiene and Food Safety:
- With a heightened awareness of hygiene and food safety, vacuum sealing machines are incorporating features that ensure airtight seals and prevent contamination. This trend is particularly notable in the commercial sector, where maintaining food quality and safety standards is paramount.

Key Players

Crown Holdings, Inc.
Wenzhou Huaqiao Packing Machine Factory
AMAC Technologies
ULMA Packaging Limited
John Bean Technologies Corporation Limited
Electrolux Professional Limited
Henkelman Vacuum
Henkovac International B.V.
Promarksvac Corporation Limited
Nutri Chef Kitchen, LLC
Metos Oy Ab
Astrapac Midlands Limited
Multivac Inc.

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Key Segments Market Survey:

By Product Type:

External Vacuum Sealers
Chamber Vacuum Machines
Tray Sealing Machines
Others

By Packaging Type:

Rigid
Semi-Rigid
Flexible

By End-Use Industries:

Consumer Goods
Automotive
Food & Beverages
Personal Care & Cosmetics
Commercial
Domestic
Others

By Automation:

Manual
Semi-Automatic
Fully Automatic

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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