Bronopol Industry: Global Market Set for Robust Growth at 5.1% CAGR from 2023 to 2033

As of 2022, the global bronopol market has achieved a robust market valuation of US$ 1.15 billion, demonstrating promising growth prospects. Projections indicate a steady expansion with a Compound Annual Growth Rate (CAGR) of 5.1% anticipated from 2023 to 2033. This trajectory is expected to propel the market to reach an impressive valuation of US$ 1.95 billion by the conclusion of the forecast period, underscoring the industry’s resilience and potential for substantial advancement in the coming years.

Bronopol, a brominated compound biocide, plays a crucial role in numerous industrial applications, including the oil and gas, paper and pulp, paint and coatings industries. Its versatility extends to personal hygiene and cosmetics, cleaning agents, metalworking fluids, and water treatment systems. Notably, Bronopol is employed as a preservative in medicinal liquids and oral medicinal solutions. Its antimicrobial properties make it a valuable additive, contributing to the preservation and longevity of various products across a wide range of sectors, ensuring both industrial processes and personal care formulations maintain the necessary standards of hygiene and safety.

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Market Trends and Growth Drivers:

  1. Increasing Demand for Personal Care Products:
    • With a growing global population and increasing disposable income, there is a rising demand for personal care and cosmetic products. This trend is expected to contribute to the demand for bronopol as a preservative in these products.
  2. Water Treatment Needs:
    • As industries expand, the demand for effective water treatment solutions continues to rise. Bronopol’s role as a biocide in water treatment applications positions it as a key component in addressing microbial challenges in various industrial processes.
  3. Technological Advancements:
    • Ongoing research and development in the field of antimicrobial compounds may lead to advancements in bronopol formulations, enhancing its effectiveness and expanding its applications.
  4. Regulatory Landscape:
    • Compliance with regulations and standards related to the use of preservatives in different industries plays a crucial role in shaping the bronopol market. Companies may need to adapt to evolving regulatory requirements.

Key Companies Profiled in the Bronopol Industry

  • BASF
  • DOW Chemicals
  • Shanghai Rich Chemicals
  • Sharon Laboratories
  • Fujian Shaowu
  • Gayathri Chemicals
  • Sai Supreme Chemicals
  • Mani Agro Chemicals
  • Ramdev Chemicals
  • Symbolic Pharma
  • Weifang Haihua Yuanda Fine Chemicals
  • BQ Technology (HK) Company
  • Wuhan Fortuna Chemical

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Market Segmentation of the Bronopol Industry

By Form:

  • Solid
  • Liquid

By Type:

  • Coagulants and Flocculants
  • Biocides and Disinfectants
  • PH Adjusters and Stabilizers
  • Inhibitors
  • Defoaming Agents
  • Others

By Application:

  • Water Treatment
  • Oil and Gas
  • Paper & Pulp
  • Paints, Coatings, and Adhesives
  • Personal Care & Cosmetics
  • Cleaning Agents
  • Others

By Region:

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

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Eco-Friendly Eats: How Biodegradable Lids Are Transforming Food Packaging

Biodegradable lids are eco-friendly alternatives to traditional plastic lids, designed to decompose naturally and minimize environmental impact. These lids are often made from materials derived from renewable resources, such as plant-based plastics or compostable materials.

The global biodegradable lids market is poised to reach a valuation of approximately US$ 241.6 million by the year 2022, with expectations of continued growth at a compound annual growth rate (CAGR) of 5.6% throughout the forecast period spanning from 2022 to 2032. Projections indicate that the market is set to achieve a substantial valuation of US$ 416.6 million by the conclusion of 2032. The surge in sales of paper lids is anticipated to contribute significantly, with the top three countries expected to collectively capture around 25-30% of the market share by the close of 2022.

The dynamic shifts in the food service industry have led to an increased demand for biodegradable packaging solutions, thereby fuelling the expansion of the global biodegradable lids market. Consequently, it is envisaged that the market will grow nearly twice its current value during the forecast period.

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Key aspects related to biodegradable lids:

  1. Material Composition:
    • Biodegradable lids are typically made from materials like PLA (polylactic acid), which is derived from cornstarch or sugarcane. Other compostable materials, such as bagasse (sugarcane fiber) or CPLA (crystallized polylactic acid), may also be used.
  2. Environmental Benefits:
    • The primary advantage of biodegradable lids is their reduced environmental impact. They break down naturally, often in composting conditions, contributing to the reduction of plastic waste in landfills and oceans.
  3. Composting Capability:
    • Biodegradable lids are designed to be compostable, meaning they can be broken down into organic matter through the composting process. This reduces the burden on landfills and supports sustainable waste management practices.
  4. Renewable Resources:
    • Many biodegradable lids are made from renewable resources, such as plants, that can be replenished through agricultural practices. This contrasts with traditional plastic lids derived from non-renewable fossil fuels.

Market Trends:

  1. Consumer Awareness and Demand: Increasing awareness among consumers about environmental issues has led to a growing demand for sustainable and biodegradable packaging options, including lids.
  2. Regulatory Initiatives: Government regulations and initiatives aimed at reducing single-use plastics have driven businesses to explore and adopt biodegradable alternatives, influencing the market.
  3. Innovations in Material Technology: Ongoing developments in material science have resulted in improved biodegradable materials with enhanced durability and performance, contributing to the market’s growth.

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Key Players

  • Zume Inc.
  • Liplid AB
  • Pactiv LLC
  • Be Green Packaging
  • Packnwood
  • Renewables LLC
  • Meshline Manufacturing Inc.
  • Xiamen Glaman Environmental Technology Co., Ltd
  • MTPak coffee
  • Scandicore AB
  • Green Olive Environmental Technology (dongguan) Co. Ltd.
  • Transcend Packaging Ltd.
  • WorldCentric

Biodegradable Lids Market Outlook by Category

By Material:

  • Paper
  • Plastic
  • Others (Bagasse, Seawood, etc.)

By Diameter:

  • Less than 60 mm
  • 60-80 mm
  • Above 80 mm

By End User:

  • Foodservice Outlets
  • Online Food Delivery
  • Institutional

By Region:

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

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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Liner Bags Unveiled: Navigating the Landscape of Bulk Packaging Solutions

Liner bags, also known as liner inserts or liner sacks, are flexible packaging solutions designed to fit inside various containers, such as drums, intermediate bulk containers (IBCs), or bins. They provide a protective barrier for the contents of the container and are commonly used for transporting and storing bulk materials.

During the forecast period spanning from 2022 to 2032, the global liner bags market is poised to exhibit robust growth at a steady CAGR of 3.9%. The market is anticipated to surge beyond the mark of US$ 1,062.6 million by the culmination of 2032, up from US$ 724.8 million in 2022. Liner bags are expected to witness increased demand, with the top five industry players projected to collectively grasp a market share of approximately 15-20% by the end of 2022. The burgeoning use of liner bags in the food and beverage sector is foreseen as a significant driver of market expansion.

Notably, packaging for meat, poultry, and seafood necessitates impeccable sealing properties, coupled with superior moisture and oxygen barrier protection. Certifications such as the British Retail Consortium (BRC) Global Standard for Food Safety are imperative in ensuring food safety and quality. The standards governing safety and health in the food industry are stringent and necessitate the deployment of reliable packaging solutions.

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Key aspects related to liner bags:

  1. Types of Liner Bags:
    • Liner bags come in various types, including form-fit liners, tubular liners, and flat bottom liners. Each type is designed to suit different container shapes and applications.
  2. Material Composition:
    • Liner bags are typically made from materials such as polyethylene, polypropylene, or other flexible plastics. The choice of material depends on factors such as the nature of the contents, required barrier properties, and compatibility with the container.
  3. Barrier Properties:
    • Liner bags can be engineered to provide specific barrier properties, including resistance to moisture, oxygen, UV light, and other environmental factors. This customization ensures that the contents remain protected during storage and transportation.
  4. Uses in Bulk Handling:
    • Liner bags are commonly used for handling bulk materials, including powders, granules, liquids, and other products that require protection from contamination or moisture.

Market Trends:

  1. Advancements in Material Technology: Ongoing developments in material technology have led to the creation of liner bags with enhanced barrier properties, puncture resistance, and suitability for specific applications.
  2. Increased Adoption in Food and Pharmaceutical Industries: Liner bags are increasingly used in industries that require stringent hygiene and quality control, such as food and pharmaceuticals, where maintaining the integrity of bulk materials is critical.
  3. Sustainability Concerns: The liner bags market is witnessing a trend toward sustainable materials and eco-friendly designs as companies and consumers prioritize environmentally conscious packaging solutions.

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Key Market Players

  • Berry Global Inc.
  • Mondi plc
  • Aristo Flexi Pack
  • Dana Poly, Inc.
  • AAA Polymer
  • Plascon Group
  • A-Pac Manufacturing Co., Inc.
  • GLOBAL-PAK, INC.
  • Dagoplast AS
  • Flexipol
  • UFlex Limited
  • Eceplast
  • EMIL DEISS KG (GmbH + Co.)
  • Hymopack (ProAmpac)
  • Coveris Holdings S.A.

Liner Bags Market Outlook by Category

By Material:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Other (Bioplastics, etc.)

By Distribution Channel:

  • Online
  • Offline

By End User:

  • Food Service
  • Institutional
  • Household

By Region:

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

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
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Stretch Mark Removal Products Market is Projected to Reach at a US$ 2,008.1 Million by 2033 | FMI

The stretch mark removal products market is expected to increase from US$ 1,382.9 million in 2023 to US$ 2,008.1 million in 2033. The stretch mark removal products market report examines the present expansion, which is being driven by rising beauty awareness among customers, both men and women.

Stretch marks are almost inescapable, with recent research estimating that 70 to 90 percent of pregnant women have them. They also affect a sizable adolescent females. Stretchmarks are a common complaint among young men. Stretchmarks are also a common symptom of ageing. Because millennials are becoming more conscious of the importance of self-care, they are willing to spend money on items that help them reduce or reverse the effects of ageing.

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The rise in obesity rates around the world as a result of an unhealthy lifestyle is fueling the expansion of the stretch mark removal products industry. The rising pregnancies, as well as the rising cost of other treatments such as laser and microdermabrasion, are moving the market forward. Furthermore, product accessibility and availability, as well as an increase in cosmetic difficulties among pregnant women, are two factors driving market expansion.

The growing consumption of calorie-laden fat food by a large population, an increase in the f online suppliers for treatment, patients’ desire for less invasive skin techniques, and the short treatment time offered by laser are a few of the factors fueling the growth of the stretch mark removal products market. Yet, concerns about the side effects of the goods and procedures utilized are also stifling the growth of the stretch mark removal products industry.

Key Points from the Stretch Mark Removal Products Market

  • Stretch mark removal product market drivers include increased healthcare infrastructure investment, technological innovation, and increased topical skin treatment solutions.
  • Stretch mark removal products market is expected to grow at a CAGR of 3.8% during the forecast period 2023 to 2033.
  • North America dominated the stretch mark removal products market.

Key Development in the Stretch Mark Removal Products Market

  • April 2022 – Skin Science Solutions introduced the icon roboderm, a next-generation device that uses specific cellular technology to give painless and non-invasive facial and body rejuvenation. Stretch marks and wrinkle reduction are just two of the face and body treatments offered through modern technology.
  • February 2022 – Dermaclara Inc. released stretch mark patches and an Improved Silicone Fusion kit. Stretch marks were less visible during and after pregnancy due to the kit’s promotion of collagen regulation. The patches are reusable, breathable, and easy to put on.
  • April 2020 – Clarins Group announced its new plant-based product named ‘Body Partner’, which aids in the reduction of stretch marks and has been evaluated and recommended by pregnant women. Body Partner is created with minor plant-based components, like Clarins’ new Phyto-Stretch-Complex, which combines Organic Green Banana extracts and Centella Asiatica to maintain visible skin springiness while leaving skin smooth and calm.
  • October 2022 – Stretch mark cream was developed as part of Cipla Health’s mother care line, which maintains the skin hydrated, promotes skin firmness, and lowers the visibility of such blemishes on the surface. Individuals all around the world prefer at-home topical treatments that are known for reducing the appearance of stretch marks.
  • May 2022 – Givaudan Active Beauty offered Centella CAST, a component that works on the systems that cause stretch marks. It works on four levels to restore skin elasticity, density, and firmness, decreasing the appearance of stretch marks.

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More Insights on Stretch Mark Removal Products Market

Future Market Insights, in its new proposing, provides an unbiased analysis of the global stretch mark removal products market, presenting demand data (2015-2019) and forecast analysis for 2020-2030. The study divulges compelling insights on the stretch mark removal products market based on the product type (creams, oils & serums, lotions, gels, and others), end-user (adults, kids) sales channel (wholesalers & distributors, online retailers, hypermarkets/supermarkets, pharmacy stores, specialty stores, independent small stores, and other sales channel) across six major regions.

Stretch Mark Removal Products Market Segmentation Product

  • Creams
  • Oils & Serums
  • Lotions
  • Gels
  • Others

Nature

  • Organic
  • Conventional

End User

  • Adults
  • Kids

Sales Channel

  • Wholesalers & Distributors
  • Online Retailers
  • Hypermarkets and Supermarkets
  • Pharmacy Stores
  • Specialty Stores
  • Independent Small Stores
  • Other Sales Channel

Regional Outlook

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of LATAM)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa)

About Future Market Insights, Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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
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Spice Oils and Oleoresins Market is Expected to Grow at a 7.9% CAGR, with a Projected Valuation of US$ 3,567.2 Million by 2033

According to Future Market Insights (FMI), the spice oils and oleoresins market may reach an overall valuation that is expected to surpass US$ 1,674.40 million in 2023. The market is expected to record a CAGR of 7.9% between 2023 and 2033. By 2033, the market is estimated to reach a valuation of US$ 3,567.2 million.

Significant Aspects Driving the Growth of the Market:

  • Oleoresins are used to create aromas, fragrances, and various cosmetic items. They are ideal for creating hair loss lotion, cologne, perfumes, and other cosmetics due to their consistency, texture, and fragrances.
  • They have multiple uses as they are considered anti-inflammatory, antioxidant, and used for treating cancer. Hence they are utilized in the pharmaceutical sector as a component of medications, medicinal soaps, and other products. Thus, these factors are expected to drive the growth of the market for cosmetics and medicines.
  • Analgesic properties of chili oleoresins help in the reduction of free radicals in the body thus making them useful in medicinal applications. Over the course of the projection period, the market is projected to be driven by all these important aspects.
  • The expanding consumption of organic foods and beverages has raised the need for organic spices, such as natural spice oils, oleoresins products, etc. The spice oils market and the oleoresins market are expected to experience significant growth in the coming years.
  • Sales of plant-based snacks, dips, spreads, sauces, creamers, cheese, and other foods and beverages are rising as consumers prefer the taste of spice oil as well as they are also interested in clean-label and vegan products. Thus, creating multiple prospects for the market.

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Key Takeaways from Market Study

  • The spice oils and oleoresins market is expected to reach an overall valuation of US$ 1,674.40 million in 2023.
  • The spice oil and oleoresin market in Germany is expected to record a CAGR of 7%
  • The spice oil and oleoresin market in China is expected to reach a valuation of US$ 567.18 million by 2033. The market is expected to record a CAGR of 7% over the forecast period.
  • The spice oil and oleoresin market in Spain is expected to record a CAGR of 5.4%

Competitive Landscape:

Companies look for inorganic growth strategies, such as alliances, global expansion, and mergers and acquisitions, in order to maintain a competitive position in the market. Major players in the global spice oil and oleoresin market are concentrating on launching cutting-edge goods that meet the needs of consumers in order to increase their operational presence in various regions of the world.

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Some of the Key Players in the Spice Oil and Oleoresin are:

  • Young Living Essential Oils Ltd.
  • Reckitt Benckiser Group Plc (RB)
  • Symrise AG
  • Givaduan AG
  • Greenleaf Extractions Pvt. Ltd.
  • Indian Spice Oil Industries
  • Synthite Industries Ltd.
  • Universal Oleoresins Pvt. Ltd.

Recent Developments:

  • The well-known Dutch oil company Ultra International B.V. operates in important regions and has offices in Singapore, the United States, Australia, India, and the Middle East. The company uses medicinal plants including eucalyptus, coriander, cumin, and cloves to create various kinds of oils.
  • A well-known producer of essential oils, DoTERRA International LLC, entered the South American market in September 2019. The company produced therapeutic essential oils using oleoresin. This innovation has made the best medicinal oils that are easily accessible to customers in South America.

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Key Segments

Product Type:

  • Spice Oils
  • Oleoresins

Distribution Channel:

  • B2B/Direct
  • B2C/Indirect

Nature:

  • Organic
  • Conventional

Application:

  • Food & Beverages
  • Bakery & Confectionery
  • Beverages
  • Dressings & Condiments
  • Sauces, Spreads & Soups
  • Cosmetics and Personal Care
  • Skin Care
  • Hair Care
  • Toiletries.
  • Aromatherapy
  • Pharmaceuticals
  • Household
  • Dietary Supplements
  • Foodservice
  • Industrial

Region:

  • North America (United States & Canada)
  • Latin America (Mexico, Brazil, Peru, Argentina & Rest of Latin America)
  • Europe (EU-4, BENELUX, Nordic Countries, Russia, Poland & Rest of Europe)
  • South Asia (India, Thailand, Indonesia, Malaysia, and Rest of South Asia)
  • East Asia (China, Japan & South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East & Africa (GCC, Northern Africa, South Africa & Rest of MEA)

About Future Market Insights, Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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
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By 2033, the Survival Tools Market is Expected to be Valued US$ 2,558.1 Million | FMI

During the projected period, total sales in the survival tools market are expected to grow at a robust 7.8% CAGR, with total sales expected to reach US$ 1,207.8 million in 2023. The growing focus on safety when participating in outdoor leisure activities is driving the demand for survival equipment. The market valuation is projected to reach US$ 2,558.1 million by 2033.

In light of this, the market valuation is to reach US$ 2,558.1 million by 2033. The survival tools industry study examines the current expansion, which is being driven by increased accidents and unintentional injuries worldwide.

Emerging Trends in the Survival Tools Market

An increase in natural disasters, national park visitation, and a surge in hiking trips are some key factors predicted to propel the survival gear market expansion during the forecast period.

Increased awareness campaigns organized by private and government organizations to educate people about the importance of survival tools in emergencies, as well as rising demand in the military segment due to survival tools available in a variety of sizes to meet the needs of various military operations, to ramp up the survival tools market growth.

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Size and Weight Restrictions on Survival Tool Kits Negatively Impact Market Expansion

Military and defence, forestry workers, and other people who work in extreme climatic conditions and remote locations should be equipped with survival equipment and disaster supplies. Although, it is difficult to keep all the essential supplies due to their restricted size and weight since survival equipment was taken for a variety of activities, including camping, travel, or sporting events.

Users need to be aware of their needs concerning their jobs and other activities. This can cut down on the extra goods carried along with your survival gear. Therefore, vendors face difficulties in determining the best survival tool mix for certain applications, which might impede survival tools market expansion.

Regional Economic Scenario of the Survival Tools Market

Due to increased government efforts to promote the use of survival kits, North America currently controls a large part of the global survival tools industry. Moreover, the government is enticing citizens to buy or create survival kits, which may increase demand for survival gear in the area throughout the anticipated time.

Due to the small-scale businesses involved in the production and delivery of survival tools, Asia Pacific has seen extensive growth in the survival tools industry. The industry’s ability to prosper and tap into regional markets due to the drop in manufacturing costs fuel the expansion of the survival gear market in the coming years.

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Key Takeaways

  • In the product type category, the pocket survival tools segment gets a market share of 27.4% during the forecast period.
  • In the application category, the hiking activities segment to grab a market share of 37% between 2023 and 2033.
  • The United States to get a market share of survival tools of 79.4% from 2023 to 2033.
  • The Indian market to grab a share of 35.5% between 2023 and 2033.
  • Over the forecast period, China’s market share may reach 42.6%.
  • Germany’s market may grab a share of 20.4% from 2023 to 2033.
  • The Japan market accounted for 35.5% of the market share of survival tools between 2023 and 2033.
  • During the forecast period, Australia may take up 53.2% of the survival gear market.

Competitive Landscape

The key survival tool manufacturers are indulged in developing cutting-edge strategies to have a competitive edge and expand their market size.

Coleman Company, Inc., Exxel Outdoors, LLC, Fenix Outdoors International AG, Fiskars Group, Johnson & Johnson, Leatherman Tool Group, Inc., SOG Specialty Knives & Tools, Surefire, LLC, and UST Brands are a few of the significant companies in the global survival tools market analyzed in this report.

Recent Development

New camping gear from Ultimate Survival Technologies offers excellent durability and comfort. To cut down on plastic waste and carbon emissions, the company uses packaging for its products that is 100% recyclable.

Survival Tools Market by Category

Product:

  • Shovels
  • Ropes
  • Compasses
  • Pocket Tools
  • Hatchets
  • First Aid Kits

Material:

  • Stainless Steel
  • Aluminum
  • Wood
  • Plastic

Application:

  • Hiking Activities
  • Hunting and Fishing
  • Camping Activities
  • Other Wilderness Activities

Sales Channel:

  • Supermarkets/ Hypermarkets
  • Multi-Brand Stores
  • Online Retailers
  • Direct Sales
  • Specialty Stores

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • Middle East & Africa are to increase at a strong 7.8% CAGR during the forecast period

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Intelligent Traffic Management Market Hits US$ 21.8 Billion with 7.7% CAGR Surge

The intelligent traffic management market revenues were estimated at US$ 9.6 Billion in 2021 and are anticipated to grow at a CAGR of 7.7% from 2022 to 2032 By the end of 2032, the market is expected to reach a valuation of US$ 21.8 Billion. Intelligent traffic management revenue through the Traffic Monitoring System grew at a CAGR of 8.4% during 2015 – 2032.

A large number of individuals in the United States utilize private automobiles for two reasons. The foremost is that most Americans live in low-density regions with little access to public transportation. Second, privately owned automobiles are more convenient. Owing to this traffic congestion has increased abruptly in the country.

About 87.9% of people in the U.S. utilize private transportation, which raises the risk of road congestion. As household incomes grow across the world, an increasing number of individuals are shifting from slower, less costly forms of transportation to privately owned vehicles and trucks.

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Developed countries have been implementing a variety of efforts to increase the usage of public transit. Thus, expenditures in the traffic management industry are projected to be driven in the forthcoming years by the need to upgrade current transportation infrastructures and enhance ICT systems.

Additionally, growing pollution and congestion issues, as well as other environmental problems, are driving demand for the Intelligent Traffic Management system market throughout the forecast period. Moreover, the enhanced deployment of the 5G network in numerous countries across the world is likely to spur market expansion due to the growing importance of wireless broadband communications in the intelligent transportation system.

Key Takeaways from the Intelligent Traffic Management Market Report:

  • Global Intelligent Traffic Management Market is expected to reach a market size of US$ 10.4 Billion by 2022.
  • In terms of Product Type, the Traffic Monitoring System segment is expected to have the highest CAGR rate of 7.6% during the forecast period.
  • In terms of Application, the Highway segment is expected to have the highest CAGR rate of 7.4% during the forecast period.
  • United States will remain the most dominant market with an absolute dollar growth opportunity of US$ 4 Billion from 2022 – 2032.
  • The market in the U.S. is set to experience the highest CAGR of 7.5% during the 2022-2032 forecast period.

Leading Key Players:

  • Kapsch TrafficCom AG
  • Siemens AG
  • Transcore
  • Delcan
  • SICE
  • Huawei Technologies Co.
  • Alstom
  • Q-Free A.S.A.
  • Cisco Systems, Inc.
  • IBM Corporation.

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Some of the recent developments in Intelligent Traffic Management Market include:

  • In May 2021, Q-Free, a provider of smart city infrastructure mobility solutions, announced the introduction of Kinetic CV, its advanced connected and autonomous vehicle (CAV) information solutions.
  • In January 2021, Huawei, in collaboration with its partners created intelligent and connected cars for China. The government intends to make transportation easier and safer for individuals. The X-Bus vehicle is connected to a transport-control network. It would be capable of watching and controlling everything that occurs on the test route.

Intelligent Traffic Management Market Segmentation:

By Product Type:

  • Traffic Monitoring System
  • Traffic Signal Control System
  • Traffic Enforcement Camera
  • Intelligent Driver Information System
  • Integrated Corridor Management
  • Others

By Application:

  • Highway
  • Managed Lanes
  • Others

By Region:

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

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.

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Next Generation Non Volatile Memory Market Targets US$ 1,863.5 Million with 7.9% CAGR

The next generation non volatile memory market is expected to be worth US$ 1,863.5 million by 2032, up from US$ 874 million in 2022, growing at a CAGR of 7.9%. The market for next-generation non-volatile memory is being expanded by highly scalable, quick, and affordable memory solutions.

The demand for next-generation non-volatile memory is on the rise due to the growing need for quick and affordable storage solutions. Sales of next-generation non-volatile memory are increasing due to the size and storage capacity of non-volatile memory solutions. Data and information storage capacity in a switched-off device are promised by the adoption of next generation non volatile memory.

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Next Generation Non Volatile Memory Market: Drivers and Challenges 

Drivers:
The growing demand for mass storage and storage devices is the major driver of the Next Generation Non Volatile Memory market. Also, decreasing profit margins in traditional memory technologies is one of the key factors for the growth of next generation non volatile memory market to provide faster and more efficient storage methods.

Another driving factor is that the emerging next generation memory technologies such as MRAM, memristor, FeRAM, and others, are all expected to replace the traditional non-volatile memory technologies because of incompatibility and poor performance of the existing non-volatile memories. The increasing demand in various industrial applications will provide more growth opportunities in next generation non volatile memory market.

Restraint:
The high design cost is expected to be the restraint in the growth of Non Volatile memory market. Also the low environmental stability and rapidly changing technology are some of the factors that are restraining the growth of next generation non volatile memory market.
Moreover, the chances of rivalry in next generation non volatile memory market are high due to the presence of abundant suppliers in the market, which are providing services to customers with low product differentiation.

What are the Key Developments of Next Generation Non Volatile Memory Market?
Some of the key market players in the next generation non volatile memory market are

  • Samsung Electronics Co. Ltd
  • Adesto Technologies
  • Everspin Technologies
  • Intel Corporation
  • Crossbar Inc.
  • Fujitsu Ltd
  • Micron Technology
  • Toshiba Corporation
  • Avalanche Technologies Inc.
  • Everspin Technologies, Inc.
  • Honeywell International Inc.
  • IBM Corp.
  • Infineon Technologies AG

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Some of the recent developments in the next generation non volatile memory market are:

  • In July 2015, Intel Corporation and Micron Technology Inc. introduced a new next generation non volatile memory technology, i.e., 3D XPoint which can be used for fast access of the data.
  • In July 2017, Adesto Technologies Corporation – a leading provider of application-specific non-volatile memory products, acquired Zacks Investment Research.

Next Generation Non Volatile Memory Market: Regional Overview:
Geographically, APAC is expected to be the largest market for Non Volatile Memory due to the presence of key market players operating in developing economies such as South Korea, Japan, China, and India and due to the increasing demand for smartphones and tablets.

The North American market is expected to be the second largest market due to rising demand for next generation non volatile memory and the presence of some key players in this region.

Next Generation Non Volatile Memory Market Segmentation:

By Type:

  • Non Volatile Memory
  • Volatile Memory

By Application:

  • Consumer Electronics
  • Healthcare
  • Automotive & Transportation
  • Industrial
  • Enterprises

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 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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Wine Cork Market Analysis: Industry worth US$ 92.2 Million by 2032

Wine cork, a traditional and natural closure for wine bottles, is derived from the bark of cork oak trees (Quercus suber). Cork has been used in winemaking for centuries and remains a popular choice for sealing wine bottles.

According to market research by Future Market Insights, the global wine cork market is poised for growth in the coming years. In 2022, the market was valued at US$ 59.3 million, and it is projected to exhibit a steady Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period, reaching a valuation of US$ 92.2 million by the year 2032.

The wine industry, undergoing substantial transformations in response to the global pandemic, has witnessed a surge in the demand for wine consumption, attributed to its various health benefits. This shift is particularly evident in the wine cork market, which is expected to experience a considerable expansion, reaching 1.6 times the current market value over the forecast period.

The wine industry is undergoing significant changes, particularly in response to the pandemic, leading to an increased demand for wine consumption owing to its various health benefits. Forecasts indicate that the wine cork market is poised for considerable expansion, expected to grow 1.6 times its current market value during the forecast period.

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Key aspects related to wine corks:

  1. Natural Material:
    • Wine corks are made from the bark of cork oak trees, predominantly found in the Mediterranean region. The extraction of cork bark is a sustainable and eco-friendly process that doesn’t harm the tree.
  2. Sustainable Harvesting:
    • Cork oak trees are not cut down to harvest cork; instead, the bark is carefully stripped from the trees every 9 to 12 years. This sustainable harvesting method allows the trees to continue growing and producing cork for several decades.
  3. Closure for Wine Bottles:
    • Wine corks serve as closures for wine bottles, providing an effective seal that helps preserve the wine’s quality. The natural elasticity and compressibility of cork create a snug fit within the bottleneck, preventing excessive oxygen exposure.
  4. Varieties of Wine Corks:
    • There are different types of wine corks based on quality and application. Natural cork stoppers, agglomerated corks, and technical corks (such as those with synthetic elements) are among the varieties available to winemakers.

Market Demand

Sourced directly from the bark of trees in nature, natural cork is a distinctive material in the wine industry. Its unique ability to expand and contract based on the size of the wine bottle sets it apart. Additionally, each natural cork imparts a distinct taste and aroma to the enclosed wine, creating a diverse sensory experience. The transfer of oxygen, facilitated by microspores on natural cork, plays a crucial role in enhancing the wine’s flavor profile compared to other cork alternatives.

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Report Coverage:

Revenue Forecast

Volume Forecast

Company Ranking

Competitive Landscape

Growth Factors

Trends

Pricing Analysis

Key Players:

  • Jelinek Cork Group
  • Widgetco, Inc.
  • Amorim Cork Composites S.A
  • Bangor Cork Inc.,
  • Sugherificio Martinese e Figli Srl
  • M.A. Silva USA, LLC
  • Lambert
  • Diam Bouchage designs
  • Work inc
  • J. C. Ribeiro, S. A.
  • A.C.L. CORK, Lda
  • J.A. Corks & Capsules Ltd
  • Korkindustrie Trier

Market Segmentation:

By Material, Wine Cork market is segmented as:

  • Plastic
  • Metal
  • Glass
  • Wood

By Process, Wine Cork market is segmented as:

  • Natural
  • Synthetic

By Distribution Channel, Wine Cork market is segmented as:

  • Offline
  • Online

By Region, Wine Cork market is segmented as:

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

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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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Enterprise Information Archiving (EIA) Market to Achieve US$ 26,255.8 Million at a 14.7% CAGR

The enterprise information archiving (EIA) market revenue was US$ 5,840.0 million in 2021 and is anticipated to reach US$ 6,652.3 million in 2022. The global enterprise information archiving market is expected to reach US$ 26,255.8 Million by 2032, growing at a CAGR of 14.7% between 2022 and 2032, as a result of growing adoption of enterprise information archiving across a variety of industries, including BFSI, retail, healthcare, IT & telecom, and education.

Enterprise information archiving refers to a kind of software that can temporarily or permanently preserve information across a whole computer system or network, including emails, data, texts, and records. Information is typically stored there for compliance or legal reasons.

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One of the key factors propelling growth in the global corporate information archiving market is the expanding acceptance of enterprise information archiving solutions by sectors like BFSI, retail, education, and healthcare, among others.

EIA enables businesses to store information over extended periods, assisting them in meeting requirements for e-discovery, forensic investigation, and retaining records.

Enterprise information archiving solutions are typically used by businesses to save information that is no longer needed for purposes such as e-discovery, litigation, historical references, company compliance, policy, analytics, and decision-making. They make significant investments in archiving products and services,

In addition, they worry about the security of the data they save and favor EIA systems that have put information security rules and programs in place.

The market for enterprise information archiving is anticipated to increase over the projected period due to the rising popularity of cloud-based enterprise information solutions.

Key Takeaways from the Enterprise Information Archiving (EIA) Market Report:

  • By solution, the enterprise information archiving software segment is projected to grow at 15.4% CAGR during the forecast period, generating a revenue of US$ 18111.2 Million by 2032
  • By enterprise size, the small and medium-sized enterprises segment is expected to grow at a CAGR of 15.7% during the forecast period.
  • Based on the industry, the BFSI segment is estimated to grow at a CAGR of 17.9%, totaling a market valuation of US$ 4021 million by 2032
  • The U.S. enterprise information archiving market is likely to grow at a CAGR of 12.2% between 2022 and 2032.
  • Amid the growing popularity of cloud-based solutions, the U.K. enterprise information archiving market is set to expand at 18% CAGR throughout the forecast period (2022-2032)
  • The enterprise information archiving market in India is forecast to grow at a relatively higher CAGR of 19.9% during the assessment period.

Increasing Demand to Archive Information for Litigation to Act as a Catalyst for Enterprise Information Archiving Market Growth:
With increasing business activities and communication taking place within organizations, it becomes important to archive the information that may not be necessary at that given moment but can regain importance. Legal purposes, maintaining backups, company policies, etc., as well as retrieving the information when requested in an easy and cost-efficient manner are encouraging the deployment of enterprise information archive solutions.

Numerous companies are expected to maintain official records even though they may no longer be in need. The reason for this is E-discovery, litigation, and company compliance. The inability of a company to produce the required documents to the authorities can lead to repercussions. Having the relevant files archived and having them produced for legal purposes can save a company from several negative impacts. This will continue to fuel the adoption of enterprise information archiving solutions across enterprises.

The EIA system can help to meet the demand for required information. It enables the end user to store information for a longer duration of time. By using EIA solutions, companies can easily store and retrieve files and information required for legal purposes such as e-discovery or company compliance.

Leading Key Players:

  • Mimecast
  • Proofpoint
  • Micro Focus
  • Dell EMC
  • Global relay
  • Titan HQ
  • ArchiveSocial
  • Smarsh
  • Google
  • Microsoft
  • OpenText
  • Archive360
  • Bloomberg
  • Commvault
  • Veritas Technologies
  • Pagefreezer
  • Cross ALM
  • Barracuda Networks
  • ZL Technologies
  • OVH Cloud

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Enterprise Information Archiving (EIA) Market Segmentation:

By Solution:

  • Enterprise Information Archiving Software
    • On-Premises
    • Cloud

By Services

  • Professional Services
    • Consulting services
    • Archiving services
    • Support and Maintenance services
    • Disaster and backup services
  • Managed Services

By Enterprise Size:

  • Large Enterprises
  • Small and Medium-Sized Enterprises (SMEs)

By Industry:

  • BFSI
  • Retail
  • IT & Telecom
  • Manufacturing
  • Healthcare
  • Government & Legal
  • Healthcare and pharmacy
  • Education
  • Real estate
  • Others

By Application:

  • Email Archiving
  • File archiving
  • Social media archiving
  • E-discovery and litigation
  • Company compliances
  • Monitoring and data loss prevention
  • AI and analytics

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia and the Pacific
  • East Asia
  • 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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