Wrap-around Label Market Poised to Reach US$ 13.8 Billion by 2033: Exploring Growth Trends and Industry Dynamics

Wrap-around Label Market

In 2023, the global market for wrap-around labels is predicted to be worth approximately US$ 8.8 billion, with expectations of substantial growth. Projections indicate that by 2033, the market size for wrap-around labels is set to escalate significantly, reaching an estimated US$ 13.8 billion. This growth trajectory is attributed to a projected Compound Annual Growth Rate (CAGR) of 4.9% during the assessment period spanning from 2023 to 2033. As the demand for wrap-around labels continues to rise, industry experts anticipate a dynamic market landscape characterized by evolving consumer preferences and advancements in label technology.

Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Wrap Around Labels Market over the Assessment Period 2022-2032.

In the realm of wrap around labels, North America is poised to maintain a noteworthy presence, currently accounting for 21% of the total market share. The region’s contribution reflects its strong position in the global market for wrap around labels, driven by a robust industrial landscape and a demand for these labels in various applications.

However, when considering the forecast period, Europe is set to emerge as the dominant force in the global wrap around labels market. As of now, European regions collectively hold a 24% share of the total wrap around labels market. This is indicative of Europe’s well-established and expanding market for wrap around labels, driven by diverse industries, including food and beverages, pharmaceuticals, and consumer goods. The region’s penchant for quality labeling and packaging, coupled with stringent regulations, positions it as a prominent player in the global wrap around labels market, a trend that is expected to persist in the foreseeable future.

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The Market’s Growth Trajectory-

The Wrap Around Labels Market has experienced substantial growth in recent years. With increasing consumer demand for product differentiation and customization, companies are leveraging wrap around labels to enhance their brand presence and stand out on store shelves. The market is expected to continue its upward trajectory, driven by factors such as technological advancements, expanding e-commerce channels, and rising consumer awareness regarding sustainable packaging solutions.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global wrap around labels market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales wrap around labels in the coming 10-years.

Wrap around labels help enhance the aesthetic appeal of a product, which is one of the key motivations for packaging companies to include them as a packaging solution. In addition to this, manufacturers are focused on using labeling as a means for consumers to make a faster purchase decision. Thus, sales of wrap around labels are increasing with increased application in different industry verticals.

Key Wrap Around Labels Market Takeaways and Projections

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

Business Key Trends:

  1. Branding and Product Differentiation:
    • The demand for visually appealing and distinctive product packaging to enhance brand visibility and product differentiation.
  2. Increased Adoption in Various Industries:
    • Growing adoption of wrap-around labels across industries such as food and beverage, pharmaceuticals, personal care, and consumer goods due to their versatility and aesthetic appeal.
  3. Technological Advancements:
    • Advancements in printing technologies, such as digital printing and high-quality graphics, allowing for more complex and visually appealing wrap-around labels.
  4. Regulatory Compliance:
    • Compliance with labeling regulations and standards in different regions, promoting the use of labels to convey product information and meet legal requirements.
  5. Demand for Sustainable Packaging:
    • Increasing awareness and demand for sustainable and eco-friendly packaging solutions, which may drive the adoption of environmentally friendly wrap-around labels.

Market Restraints:

  1. Cost Constraints:
    • High initial setup costs for printing and labeling equipment, which may pose a challenge for small and medium-sized enterprises (SMEs) in adopting wrap-around labels.
  2. Complexity in Application:
    • The complexity of applying wrap-around labels to certain types of packaging or products, which may require specialized equipment and skilled personnel.
  3. Changing Consumer Preferences:
    • Evolving consumer preferences and trends, which may affect the choice of packaging and labeling materials, impacting the demand for wrap-around labels.
  4. Supply Chain Disruptions:
    • Disruptions in the supply chain, affecting the availability of raw materials or causing delays in production, leading to challenges for wrap-around label manufacturers.
  5. Stringent Regulations:
    • Stringent regulations related to labeling content and materials, which may increase compliance costs and limit the flexibility of label designs.

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Competitive Landscape Analysis

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

It also provides a list of leading players and recent development in the global wrap around labels market. Some of the prominent market players are

  • Vintech Polymers Pvt. Ltd.,
  • Inland Packaging,
  • Roll on Labels,
  • Grip Tight Packaging Pvt. Ltd.,
  • Mondi Group,
  • Traco Manufacturing Inc.
  • Cosmo Films Constantia Flexible Packaging,
  • B & H Manufacturing Company Inc.,
  • Ameet Metaplast Pvt. Ltd.,
  • Fort Dearborn Company,
  • Tilak Polypack Pvt. Ltd.,
  • Westrock Company,
  • Kris Flexipacks,
  • Leading Edge Labels & Packaging,
  • Jasin Pack,
  • TCPL Packaging Limited,
  • CPM Internacional S.A.

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Key Segments in The Wrap Around Labels Market

By Product Type:

  • Shrink label
  • Roll-fed label
  • Stretch label
  • Cut & stack label
  • Pressure-sensitive label

By End-User:

  • Beverage
  • Personal Care
  • Food
  • Home Care
  • Pharmaceutical
  • Other

By Material:

  • Plastic
  • Paper

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 5000 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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Europe Temperature Controlled Packaging Solutions Market Projected to Reach US$ 6.9 billion by 2033

Temperature-controlled packaging solutions are designed to maintain specific temperature ranges for sensitive products during storage and transportation. These solutions are crucial for preserving the quality, efficacy, and safety of temperature-sensitive items such as pharmaceuticals, biologics, vaccines, food products, chemicals, and certain medical devices.

According to Future Market Insights’ latest report, Europe Temperature Controlled Packaging Solutions Market is forecast to be valued at US$ 3.9 billion in 2023. Total sales of temperature controlled packaging solutions across Europe are slated to increase at 7.3% CAGR between 2023 and 2032, taking the market valuation to US$ 6.9 billion by 2033.

Demand for frozen food is growing rapidly across the world, with Europe accounting for around 40% share of the market. Insulated shipping containers are mainly used for exports and imports of frozen foods products in bulk quantities across European countries. Hence, rising consumption and export of frozen foods will continue to fuel temperature controlled packaging solution sales across Europe over the next ten years.

Increasing export of temperature sensitive products such as food & beverages and pharmaceuticals and rising demand for efficient packaging solutions for transporting perishable food products are key factors driving Europe’s temperature controlled packaging solutions industry.

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Key aspects of temperature-controlled packaging solutions:

  1. Temperature Range: Temperature-controlled packaging can maintain temperatures within specific ranges, including refrigerated (2-8°C), frozen (-20°C or below), and ambient (15-25°C). Some advanced systems offer precise temperature control within narrow ranges to meet the requirements of highly sensitive products.
  2. Insulation: These packaging solutions feature insulating materials that help regulate internal temperatures and minimize heat transfer between the environment and the packaged items. Common insulation materials include expanded polystyrene (EPS), polyurethane foam, vacuum-insulated panels (VIPs), and reflective foils.
  3. Phase Change Materials (PCMs): PCMs are substances that can store and release thermal energy as they change phases (solid to liquid or vice versa) at specific temperatures. They are often integrated into temperature-controlled packaging to help maintain consistent temperatures for extended periods. Common PCMs include gel packs, ice packs, and dry ice (solid carbon dioxide).
  4. Active vs. Passive Systems: Temperature-controlled packaging solutions can be either active or passive.
    • Active systems use external power sources (e.g., batteries or electricity) to regulate temperatures actively through heating or cooling mechanisms.
    • Passive systems rely on insulation, PCMs, and other thermal barriers to maintain temperatures without external power sources. Passive systems are typically more cost-effective but may have shorter durations or less precise temperature control compared to active systems.

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Key Trends

Biologics, which encompass a range of products including vaccines, blood components, somatic cells, and recombinant therapeutic proteins, have garnered considerable attention due to their remarkable efficacy. Nevertheless, these biologics often necessitate precise temperature conditions for both storage and transportation. Consequently, pharmaceutical companies are increasingly adopting temperature-controlled packaging solutions to ensure the integrity and effectiveness of these products throughout their journey.

The pharmaceutical sector, particularly in European nations like the United Kingdom and Germany, has witnessed a slew of significant innovations over recent decades. Notably, the advent of biologics, or biological products, stands out as a groundbreaking development.

Key Players

  • IP-GROUP
  • GEBHARDT Logistic Solutions GmbH
  • INKA Pallets Ltd.
  • TKT GmbH
  • OLIVO Cold Logistics
  • SÆPLAST Iceland ehf
  • Sofrigam SA Ltd.
  • va-Q-tec AG
  • Topa Thermal
  • Inmark Global Holdings, LLC
  • Tempack Packaging Solutions S.L.
  • EcoCool GmbH
  • Exeltainer SL
  • KRAUTZ – TEMAX Europe

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Segment Covered

  • System Type
  • Product Type
  • Application
  • End Use
  • Region

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 5000 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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Himalayan Tourism Market Charts a US$ 3.26 Billion Expedition and Envisions a 5% CAGR Surge by 2032 | FMI

 

Himalayan Tourism Market
Himalayan Tourism Market

The Himalayan tourism market is poised toreach a valuation of US$ 2 Billion in 2022. Sales are projected to increase at a 5% CAGR, with the market size reaching US$ 3.26 Billion by 2032.

Himalayan Tourism appears resilient against pandemic. Even though about 80% reduction of the tourists visiting Himalayas in 2020, the tourism sector was capable quickly recover and welcome tourists coming after a year’s gap.

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The tourists from all around the world come and visit Himalayas to observe the scenic beauty including forests, farms, lakes, mountains and fields. Along with sightseeing, there are number of adventure sports and activities to perform, from treks, rock climbing to kayaking and river rafting and safaris. There are also cultural heritages with Hindu temples and Buddhist Monasteries in districts surrounding Himalayas.

The Himachal Tourism working with Government of Himachal are proposing new ideas related adventure activities, schemes and loans for Hospitality sector, encouraging local entrepreneurs to enter in Himalayan tourism sector.

Key Trends in the Himalayan Tourism Market

  • Sustainable Tourism Practices: With an increasing global focus on environmental conservation, Himalayan destinations are embracing sustainable tourism practices. From waste management initiatives to eco-friendly accommodations, the region is committed to preserving its pristine beauty for generations to come.
  • Adventure Tourism on the Rise: The Himalayas have become synonymous with adventure tourism. Trekking, mountaineering, and paragliding are gaining popularity as travelers seek immersive experiences. This trend is driving infrastructure development in remote areas and fostering a sense of exploration.
  • Cultural Immersion Programs: Travelers are now seeking more than just scenic views; they crave cultural immersion. Himalayan regions are responding by offering programs that allow tourists to engage with local communities, learn about traditional customs, and participate in local festivities.
  • Digital Connectivity: Improved digital connectivity in remote Himalayan regions is facilitating easier access for tourists. This has led to increased online bookings, real-time communication, and the sharing of experiences through social media, thereby enhancing the overall travel experience.
  • Wellness and Spiritual Tourism: The Himalayas have long been a haven for spiritual seekers. Wellness retreats, yoga centers, and meditation resorts are gaining popularity, attracting individuals looking to rejuvenate their minds and bodies amidst the serene backdrop of the mountains.
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Key Takeaways:

  • Based on tourism type, ecological/sustainable tourism is popular among international as well as domestic travellers.
  • By booking channel, the online booking segment is preferred by most travellers.
  • In terms of age group, individuals from age group of 26-35 are most common travellers to Himalayas.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the Himalayan Tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the Himalayan Tourism market based on the tourism type (cultural & heritage tourism, eco/sustainable tourism, adventure & sports tourism, wellness tourism & others), booking channel (phone booking, online booking & in person booking) tourist type (domestic & international), age group (15-25 years, 26-35 years, 36-45 years, 46-55 years, 66-75 years) across Asia.

Key Companies Profiled

  • Himalayan Tours
  • Himalaya Travels
  • Himalayan Tour Operators & Travel Agents
  • Enchanting Travels
  • Himalayan Holidays
  • Sherpa Expedition and Trekking Pvt. Ltd.
  • Trafalgar
  • G Adventures
  • Explore!
  • Nepal Hiking Team
  • Himalaya Heart Treks & Expedition

Himalayan Tourism Market by Category

By Tourism Type:

  • Cultural & Heritage Tourism
  • Eco/Sustainable Tourism,
  • Adventure & Sports Tourism,
  • Wellness Tourism
  • Others

By Country:

  • India
  • Nepal
  • Bhutan
  • China
  • Others

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

By Tourist Type:

  • Domestic
  • International

By Age Group:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 66-75 Years

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 5000 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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DNA Sequencing Services Market Aims for Flourishing Valuation of US$2,080.2 Million by 2033

DNA Sequencing Services Market
DNA Sequencing Services Market

According to FMI, the DNA sequencing services market sales would expand by 8.2% during the course of the projected year. By 2023, the sector is expected to have a market value of US$ 945.6 million.At the forefront of genetic discovery is the dynamic market for DNA sequencing services. These services enable researchers, physicians, and individuals to decipher the mysteries contained inside DNA strands by providing thorough genetic analysis and insights. The market is always changing to offer sequencing options that are more accessible, accurate, and efficient as technology progresses. DNA sequencing services are becoming more and more in demand as personalised medicine and genomics research gain traction. This is paving the way for a time when genetic knowledge will be essential to medical advancements, diagnoses, and scientific discovery.

Surges in DNA sequencing services are expected to drive industry growth during the assessment period. For example, the development of next-generation sequencing (NGS) platforms has resulted in cost savings and increased efficiency in the DNA sequencing procedure. This is expected to increase its adoption across a wide range of end-use industries.

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Another trend consolidating the market expansion is the increasing availability of personalized medicine. Personalized medicine is a fairly new field of medicine. It utilizes a person’s genomic information to forecast their chances of developing particular diseases and to customize treatments accordingly.

Surging applications of DNA sequencing are also contributing toward market growth. For example, DNA sequencing is used in cancer research to detect mutations that can be addressed with specific drugs. It is further being deployed in agricultural research to grow crops with enhanced traits like higher yields and disease resistance.

Due to constant technological improvements, DNA sequencing providers are now delivering better data quality. Therefore, customers can expect more precise results from sequencing projects. Moreover, the steadily declining cost of DNA sequencing is making it affordable in commercial and scientific applications. As a result, end users are increasing their investments in the technology.

Top Highlights from the FMI’s Analysis of the DNA Sequencing Services Market:
•The North American region is expected to account for the leading market share of more than 40.6% in 2023, followed by Europe, which is projected to account for 32.4% in the same year.

•The United Kingdom is forecast to expand at a CAGR of 12.9% over the estimated period, suggesting significant business avenues that the country is expected to present.

•India is anticipated to record a CAGR of 8.5% over the forecast period, whereas China is forecast to propel at a CAGR of 7.8%. DNA sequencing services are expected to increase in the region to meet the increasing medical demands of the population.

•Japan is forecast to account for a market share of 2.7%, comparatively lower than the other competitive markets. However, the market is expected to offer diverse growth opportunities to businesses.

•Based on solutions and services, the data analysis and sequencing services segment is forecast to account for 41.8% of the global market.

•Under the end-user category, the academic institutes and research centers segment is anticipated to record more than 37.7% over the forecast period.

Recent Developments in the Market are Shaping the Competitive Scenario :

•PacBio released in October 2022 two genome sequencing systems, i.e., Onso short-read sequencing system and Revio long-read sequencing system. Deep-learning approaches are combined with Revio to perceive DNA methylation from a normal sequencing library.

•Element Biosciences unveiled in March 2022 the technical details of its long-awaited Aviti DNA sequencer. This novel instrument deploys a riff on sequencing-by-synthesis chemistry that lowers the reagent usage, leading to costs of up to US$ 7/ GB.

•In May 2021, Thermo Fisher Scientific introduced its Genomic Solutions Platform, which provides comprehensive genomics services via a single platform.

•In November 2020, Illumina’s HiSeq X Ten Sequencing System launched with extended data analysis capabilities and superior throughput.

Key Companies:
•Thermo Fisher Scientific Inc.
•Abbott Laboratories
•GE Healthcare
•Merck KGaA
•Agilent Technologies Inc.
•Roche Holdings AG
•Pacific Biosciences
•Illumina Inc.
•Bio-Rad Laboratories Inc.

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Key Segments Profiled in The DNA Sequencing Services Industry Survey
By Product Type:
•Maxam-Gilbert DNA Sequencing
•Chain-Termination Methods
•Dye-Terminator Sequencing
•Automation and Sample Preparation
•Large-scale DNA Sequencing
•New DNA Sequencing Methods
•High Throughput DNA Sequencing
•Parallel Signature Sequencing (MPSS)
•Polony Sequencing
•Pyrosequencing
•Illumina (Solexa) Sequencing
•SOLiD Sequencing
•Others

By End Use:
•Automotive Industry
•Chemical Industry
•Agriculture
•Oil and Gas
•Research and Development
•Other End Uses

By Application:
•Hospitals
•Diagnostic Centers
•Biotechnology and Pharmaceutical Industry
•Academic Research Institutes
•Other Application Areas

By Region:
•North America
•Latin America
•Europe
•Asia Pacific
•The Middle East & Africa

Author By:

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 faced by clients 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 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 5000 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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Europe Temperature Controlled Packaging Solutions Market Anticipated to Reach US$ 6.9 billion by 2033

According to Future Market Insights’ latest report, Europe Temperature Controlled Packaging Solutions Market is forecast to be valued at US$ 3.9 billion in 2023. Total sales of temperature controlled packaging solutions across Europe are slated to increase at 7.3% CAGR between 2023 and 2032, taking the market valuation to US$ 6.9 billion by 2033.

Demand for frozen food is growing rapidly across the world, with Europe accounting for around 40% share of the market. Insulated shipping containers are mainly used for exports and imports of frozen foods products in bulk quantities across European countries. Hence, rising consumption and export of frozen foods will continue to fuel temperature controlled packaging solution sales across Europe over the next ten years.

Increasing export of temperature sensitive products such as food & beverages and pharmaceuticals and rising demand for efficient packaging solutions for transporting perishable food products are key factors driving Europe’s temperature controlled packaging solutions industry.

Shipping of temperature-sensitive products requires protection from undesired weather and other unpredictable factors all while ensuring a constant temperature range. For this purpose, companies across European countries employ temperature controlled packaging solutions.

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Key Takeaways from Europe Temperature Controlled Packaging Solutions Market

Europe’s temperature controlled packaging solutions market is forecast to expand at 7.3% CAGR between 2023 and 2033.

Based on product type, insulated containers segment remains the most remunerative category in the market.

By system type, passive segment holds a significant share of the Europe Temperature Controlled Packaging Solutions Market.

By end use, food, beverages, and pharmaceutical segments collectively hold a prominent share of the Europe Temperature Controlled Packaging Solutions Market.

Germany is anticipated to account for about 21.8% share of the Europe market by the end of 2033.

France holds around 16.8% share of Europe’s temperature controlled packaging solutions industry.

Key Trends

Biologics, which encompass a range of products including vaccines, blood components, somatic cells, and recombinant therapeutic proteins, have garnered considerable attention due to their remarkable efficacy. Nevertheless, these biologics often necessitate precise temperature conditions for both storage and transportation. Consequently, pharmaceutical companies are increasingly adopting temperature-controlled packaging solutions to ensure the integrity and effectiveness of these products throughout their journey.

The pharmaceutical sector, particularly in European nations like the United Kingdom and Germany, has witnessed a slew of significant innovations over recent decades. Notably, the advent of biologics, or biological products, stands out as a groundbreaking development.

Drivers:

  1. E-commerce Expansion: The booming e-commerce industry relies heavily on temperature-controlled packaging to maintain the quality and freshness of products, including food, beverages, and cosmetics.
  2. Pharmaceutical and Healthcare Growth: The pharmaceutical and healthcare sectors are experiencing substantial growth, and temperature-controlled packaging is crucial for the safe transport of sensitive medications and medical equipment.
  3. Cold Chain Logistics: The increasing demand for perishable goods, including fresh produce and seafood, has driven the need for temperature-controlled packaging solutions to maintain product integrity throughout the supply chain.
  4. Global Food Trade: As international food trade grows, temperature-controlled packaging ensures that food products meet regulatory requirements and reach consumers in optimal condition.

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Key Players

  • IP-GROUP
  • GEBHARDT Logistic Solutions GmbH
  • INKA Pallets Ltd.
  • TKT GmbH
  • OLIVO Cold Logistics
  • SÆPLAST Iceland ehf
  • Sofrigam SA Ltd.
  • va-Q-tec AG
  • Topa Thermal
  • Inmark Global Holdings, LLC
  • Tempack Packaging Solutions S.L.
  • EcoCool GmbH
  • Exeltainer SL
  • KRAUTZ – TEMAX Europe

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Segment Covered

  • System Type
  • Product Type
  • Application
  • End Use
  • Region

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 5000 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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Europe Barrier Coated Paper Market worth US$ 4,401 million by 2033: In Depth Research Report

Barrier coated paper refers to a type of paper that has been treated or coated with materials to enhance its resistance to external factors such as moisture, grease, oil, and gases like oxygen or aroma. This coating acts as a protective barrier, preventing the penetration of unwanted substances and preserving the integrity and quality of the packaged contents.

In 2023, the Europe Barrier Coated Paper Market is projected to reach a value of approximately US$ 3,222 million. Analysts anticipate a steady growth trajectory for the sector, with demand expected to increase at a compound annual growth rate (CAGR) of 3.2% over the forecast period. By the year 2033, it is forecasted that the Europe barrier-coated paper industry will expand significantly, reaching an estimated market size of US$ 4,401 million.

Growing demand for flexible and biodegradable packaging materials across food, electronics, pharmaceutical, cosmetics, and several other industries is expected to drive Europe’s barrier-coated paper market during the forecast period.

Growing innovation in packaging machinery and speedy shift of manufacturers towards barrier coated papers will positively influence Europe’s barrier coated paper industry during the assessment period.

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Demand for Barrier Coated Paper Packaging to Amplify with Increasing Consumption of Packed Food in Europe

Key Trends

In the past few years, Europe, including nations like Germany, France, and the United Kingdom, has witnessed a significant surge in the adoption of paper-based packaging. This trend is primarily attributed to the widespread emphasis on sustainability across various industries and a growing concern about escalating plastic pollution in the environment.

Despite the economic advantages and superior water resistance offered by plastic packaging, its severe environmental repercussions have prompted a shift towards alternatives, particularly paper-based packaging incorporating solvent or water-based coatings. Consequently, the increasing awareness of environmental issues and a marked preference for eco-friendly packaging materials are anticipated to be pivotal factors driving the growth of the barrier-coated paper market in Europe throughout the forecast period.

Key Takeaways

  • Europe Barrier Coated Paper Market is estimated to create a growth opportunity of US$ 500 Million during the projection period (2023 to 2032).
  • Based on material, paper segment is estimated to hold around 73% of the market value share.
  • By application, boxes are expected to account for about 0% of the total sales of barrier coated paper across Europe by the end of 2033, making it the leading sub-segment of packaging category.
  • Based on coating type, water-based segment is likely to expand at 0% CAGR between 2023 and 2033.
  • In terms of end users, electrical and electronics segment is anticipated to accelerate at a CAGR of 9% during the forecast period.
  • Germany accounts for around 3% of the Europe barrier coated papers market.
  • The United Kingdom is forecast to hold around 7% share of Europe market by the end of 2033.

Key Market Players

Few of the prominent players operating in the Europe barrier coated papers market are Paramelt B.V., Toppan Inc, Mondi plc, Mitsubishi Hitec Paper Europe, Huhtamäki Oyj, UPM Specialty Papers Oy, AR Packaging, Koehler Paper, Krpa Paper, Billerud AB, Nissha Metallizing Solutions, West Rock, Ahlstrom-Munksjö Oyj, Nippon Paper Group, and Nordic Paper AS. among others.

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Europe Barrier Coated Paper Market by Category

By Material:

  • Paper
  • Plastic
    • PE
    • PP
    • PDVC
    • PET
    • Bio-based Plastic
  • Wax
  • AIOx
  • SiOx

By Coating:

  • Water-based Coating
  • Solvent-based Coating
  • Wax Coating

By Application:

  • Printing
  • Packaging
    • Cups & Lids
    • Trays
    • Boxes & Cartons
    • Pouches & Sachets
    • Labels
    • Blisters & Clamshells
    • Wraps
    • Tapes

By End User:

  • Food & Beverage
  • Cosmetic & Personal Care
  • Pharmaceuticals
  • Building & Construction
  • Electrical & Electronics
  • Tobacco Packaging
  • Other Consumer Goods

By Country:

  • Germany
  • Italy
  • France
  • United Kingdom
  • Spain
  • BENELUX
  • Nordics
  • Russia
  • Poland
  • Rest of Europe

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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 over 5000 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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India Lab-Grown Diamond Jewelry Market Forecasted to Reach US$ 1.19 Billion in 2033 | FMI

As per Future Market Insights, India lab grown diamond jewelry market size is set to reach US$ 299.9 million in 2023. At the end of 2033, the market valuation is likely to reach US$ 1,192.3 million by 2033. Overall lab grown diamond jewelry sales in India are forecast to increase at 14.8% CAGR from 2023 to 2033.

Lab grown jewelry acceptance is likely to increase the momentum of India lab-grown diamond jewellery market. In addition, increasing the export of lab grown diamond jewellery from India will increase demand.

The lab-produced diamonds have emerged as perfect alternatives to natural ones. These are synthesized in the laboratories and other places that have controlled settings. They do very little bad to the environment than mined diamonds. It has eco-friendly consumers to come towards lab grown diamonds and jewelry.

Leaders in the export of diamonds include European Union, United Arab Emirates, Botswana, Russian Federation and India. These areas make up nearly one-quarter of diamond exports worldwide.

India plays an important role in the international diamond economy as one of leading production centers for the cut and polished diamonds. This is because it has skilled craftsmen who are experts in making mostly micro-diamonds.

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With increase in diamond producers and rising usage of grown diamonds, it is critical to raise consumer and trade knowledge of grown diamonds. To do this, governments must first identify the long-term growth possibilities of grown diamonds.

Secondly, it must reclassify grown diamonds under the diamond category. And third, it must promote grown diamonds through trade events and exhibits under the diamond category. This will allow people to learn about the technical features of grown diamonds.

It will also help to avoid the use of phrases such as “synthetic” or “artificial diamonds,” which are frequently associated with the product. Hence, rising awareness about lab grown diamond jewelry will boost the market in India.

With new technical trials and accomplishments, the lab-created diamond industry is being enhanced and advanced. Real man-made diamond manufacturers, polishers, and jewelry designers are spending on R&D. They are also developing innovative methods to fulfill the rising demand, giving them a competitive advantage.

Key Takeaways from India Lab Grown Diamond Jewelry Market:

  • The India lab grown diamond jewelry market is set to reach US$ 1,192.3 million by 2033.
  • Lab grown diamond jewelry sales in India are forecast to rise at 14.8% CAGR through 2033.
  • In 2023, India lab grown diamond jewelry industry will cross a valuation of US$ 299.9 million.
  • Based on cut type, demand will remain high for faceted style diamond jewelry in the market.
  • By application, necklaces and rings together hold a prominent share of India market.

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Who is Winning?

Leading players in India lab grown diamond jewelry market include Avtaara Jewelbox Limelight Lab Grown Diamonds Ltd., SYNDIORA, Fiona Diamonds, Ananta, DiAi Designs, Maiora Diamond, and Wondr Diamonds among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of India lab grown diamond jewelry market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study divulges compelling insights on India lab grown diamond jewelry market based on application (bangles, necklaces, pendants, earrings, rings, anklets, brooches), size (0.3, 0.5, 1, 1.5, 2), technique (chemical vapor deposition, high-pressure high temperature), and cut type (faceted style, non-faceted) across India.

About Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.

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 5000 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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Eyeshadow and Blush Stick Market Set to Flourish with a 4.7% CAGR in Canada | FMI

Market estimates for blush and eyeshadow sticks in Canada are expected to reach US$ 245 million in 2023, with a compound annual growth rate (CAGR) of 4.7% from 2023 to 2033. It is anticipated that as consumers’ preferences for natural cosmetics rise, market demand would soar. Additionally, the growing popularity of transparent ingredient lists and clean labels will boost sales.

As the trend of natural and organic household products has grown at a fast pace, so does that in respect to its use on cosmetics. Beauty experts’ interest in natural products increases as the importance of healthy skin preservation becomes more apparent.

This trend has also led beauty enthusiasts to change in a way that significantly impacts the sales of blush and eyeshadow sticks. Major firms focus on new product development to satisfy the specialized demands of smart beauty enthusiasts and bloggers, as perceptions about natural products change among consumers.

The informed beauty enthusiasts prefer to use color cosmetics such as eyeshadows and blushes, which are safe with a natural feeling. Therefore, increasing demand for organic and natural products has fostered growth of the Canada eyeshadow stick & blush stick market.

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Key Takeaways from the Canada Eyeshadow Stick & Blush Stick Market Study

  • Eyeshadow stick is expected to hold prominent share of the Canada eyeshadow stick & blush stick market.
  • Key players are focusing on implementing eco-friendly and sustainable manufacturing processes in order to cater to the increasing demand for eyeshadow stick and blush stick.
  • In terms of sales channel, the online segment is estimated to grow at a CAGR of ~6.9% during the projection period.

“The use of cutting-edge technologies by beauty brands to facilitate safer cosmetic product trials is currently being emphasised more. During the forecast period, the market is anticipated to benefit from the use of virtual reality to encourage online purchasing.”, says an FMI Analyst.

Who is winning?

Manufacturers are concentrating on boosting their R&D expenditure for product innovation and manufacturing smaller, streamlined, and fashionable products.

Major players present in the U.S. BPC retail vending machine market are L’Oreal SA, Maybelline, Nyx Professional Makeup, Rimmel London, ELF Cosmetics, Revlon, Coty Inc., Chanel, Dior Beauty, M.A.C Cosmetics, Charlotte Tilbury, Sheiseido Company, Bobbi Brown, Yves Saint Laurent, and The Estee Lauder Companies Inc. among others.

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https://www.futuremarketinsights.com/request-report-methodology/rep-gb-16796

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the Canada eyeshadow stick & blush stick market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on Canada eyeshadow stick & blush stick market by product type (eyeshadow stick & blush stick), sales channel (beauty salons, modern trade, departmental stores, specialty stores, online retailers, mono brand stores, and other sales channel).

About Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.

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 5000 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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Porcelain Tableware Market Anticipated to Hit US$ 9,305.2 Million in 2033 | FMI

By 2023, the size of the global market for porcelain tableware will have surpassed US$ 9,305.2 million. By 2033, it would be worth US$ 19,178.3 million. It would increase between 2023 and 2033 at a CAGR of 7.5%. In its parent tableware market, porcelain tableware has a 20% to 25% share.

Hotels do have a liking towards dishes that bear their name. In addition to that, unique shaped containers do have a peculiar style.

Several households also adopt the same trend nowadays. They choose individualistic porcelain dishes. Such products can include table settings, dining sets and tea wares. Porcelain has the main advantage that it does not release BPA (bisphenol A) and phthalates due to contacting with hot food.

The place is made elegant by porcelain dishes. It’s on these grounds that people prefer luxury porcelain dinnerware. FURSTENBERG GmbH does manufacture products of true luxury porcelain dinnerware. It is headquartered in Germany. It has also provided dinnerware for Rosewood in India, Hyatt in Abu Dhabi and Lalique in Amsterdam.

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However, maintaining porcelain tableware is an expensive affair as the production cost itself could go way beyond budget.

Future Market Insights has entailed these findings with future perspectives in its latest market study entitled ‘Porcelain Tableware Market’. It has its team of analysts and consultants to deploy a bottom-up approach in its primary, secondary, and tertiary modes of research.

“With personal touch given to porcelain tableware on-demand, the global porcelain tableware market is expected to grow on a stupendous note in the forecast period”, says an analyst from Future Market Insights.

Key Takeaways from Porcelain Tableware Market

  • The Asia-Pacific holds the largest market share with countries like Bangladesh, India, and China leading from the front. This could be credited to strong distribution on the part of distribution channels herein.
  • Europe holds the second-largest market share with the UK and France asking for contemporary style and organic porcelain tableware.
  • North America is expected to grow in the porcelain tableware market on the back of rising demand for porcelain tableware in tourism, hospitality, and leisure verticals. It needs to be noted that food and hotel sectors do ask for porcelain dinnerware.
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Competitive Porcelain Tableware

  • Boch AG, in 2020, collaborated with Villeroy for acquiring Ideal Standard (a Bulgaria-based company dealing with bathroom wares). Initially, both the companies had entered into partnership with genesis Luxury Fashion Pvt. Ltd. for expanding sales in India.
  • Fiskars Group, in 2021, entered into partnership with Moomins and Rights & Brands to enhance their shared international growth.
  • Lenox Corporation, in 2021, completed acquisition of Oneida Consumer LLC. This deal is inclusive of the latter’s consumer-branded tableware products inclusive of flatware, dinnerware, and cutlery. The former, through this acquisition, did expand the brand portfolio, emphasizing increasing presence across every retail channels.
  • MEISSEN Company, in 2020, did develop popular ‘Seahorse’ motif used on platter, vase, and mug for the very first time. The complete service comprises a platter with lobster décor with vase abreast with fish motif.

What does the Report state?

  • The research study is based on product type (plates, bowls & containers, cups & glasses, trays & clamshell, mugs & jars, and likewise (dinnerware set)), price range (mass and premium), and distribution channel (HoReCa (Hotels/Restaurants/Cafes), residential/households (modern trade, mono brand stores, specialty stores, online retailers, and other channels)).
  • With customized products getting popular, customized porcelain tableware is expected to grow by leaps and bounds in the forecast period.

Porcelain Tableware Market Outlook by Category

By Product Type:

  • Plates
  • Bowls & Containers
  • Cups & Glasses
  • Trays & Clamshell
  • Mugs & Jars
  • Others (Dinnerware Set)

By Price Range:

  • Mass
  • Premium

By Distribution Channel:

  • Hotel/Restaurant/Café (HORECA)
  • Residential/Households
    • Modern Trade
    • Mono Brand Stores
    • Specialty Stores
    • Online Retailers
    • Other Channels

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 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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India Colored Gemstones Market is Anticipated to Reach US$ 1,916.9 Million by 2033 | FMI

In 2023, the Indian market for colored gemstones is projected to reach US$ 707.8 million. A strong 10.5% CAGR between 2023 and 2033 should help the market accelerate. This is expected to result in a market value of US$ 1,916.9 million in 2033.

Gemstones are popular in India for reasons other than aesthetics. A sizable portion of the country’s populace thinks that diamonds have heavenly power. For example, the ruby colored gemstone industry is expected to grow rapidly in the next years. This is because rubies are said to symbolize the Sun.

Gemstone treatment is a typical and inexpensive method for improving the clarity and color of gemstones. For example, the use of heat to enhance the look of diamonds is common. Excessive application, on the other hand, may cause gemstone deterioration. Fracture filling, oiling/waxing, and radiotherapy are among more expensive treatment options.

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A gemstone’s worth is determined by factors like asteria, clarity, cut, and color zoning. Only emerald, sapphire, diamond, and ruby are considered to be precious gemstones. As a result, these are among the most expensive gemstones. To check for the authenticity of these gemstones, consumers should be on the lookout for the following characteristics:

  • Hardness, which should range between 8 and 10 on the Mohs scale
  • Translucent appearance with fine colors (with the exception of colorless diamond)

Diamond, sapphire, ruby, and emerald are regarded as precious gemstones. These gemstones offer distinct qualities such as:

  • Translucent appearance along with fine colors (colorless diamond is a notable exception)
  • 8 to 10 Mohs scale hardness

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Key Takeaways from the India Colored Gemstones Market Study

  • US$ 707.8 million valuation looks likely for the India market for colored gemstones.
  • Between 2023 and 2033, a positive 5% CAGR is set to accelerate the market.
  • In 2033, the market should attain a value surpassing US$ 1,916.9
  • From 2018 to 2022, the market registered expansion at a healthy 0% CAGR.
  • In 2022, the market was valued at US$ 644.1 million.
  • The ruby segment had a 2% share of the market in 2022.
  • The jewelry and ornaments segment had a 29% share in the market in 2022, and it is predicted to establish a 7% share in the coming years.                                  

“International players operating in the India market for colored gemstones are making the most of social media to make target audiences aware. Local players should follow in their footsteps and leverage the power of social media to make themselves more visible.” -Says an FMI analyst.

Who is Winning?

Prominent colored gemstones market companies in India are focusing on formulating and executing branding strategies. These companies are also being helped by the Government of India, which is trying to revitalize the country’s jewelry sector by reducing taxes and duties.

Leading players operating in the India market for colored gemstones are Gemfields Group Ltd., Anglo American PLC, Rockwell Diamonds Inc., Petra Diamonds Limited, PJSC ALROSA, Gem Diamonds Limited, Rio Tinto Diamonds, Swarovski Group, Fura Gems Inc., Botswana Diamonds P.L.C, Mountain Province Diamonds Inc., Dominion Diamon Corporation, Merlin Diamonds Limited, Trans Hex Group Ltd., Pala International Inc., KGK Group, Greenland Ruby, and MIF Gems Co Ltd.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the India colored gemstones market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on the India colored gemstones market by stone type (emerald, ruby, and sapphire), product type (precious, semi- precious, synthetic stone), application (jewelry & ornaments, bangles, luxury art, astro), product format (natural, synthetic), by clarity (Type – I, Type – II, and Type – III), shape (round, oval, pear, cushion, square cushion, square, rectangle, triangle, freeform), and cut type (faceted style, non-faceted style) across four regions.

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 5000 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
LinkedInTwitterBlogs | YouTube