Market Research Blog – Page 4261 – New Product Development

Hand-Held X-rays Market Gears Up to Reach US$ 2,267.17 Million by 2033| Future Market Insights,Inc.

According to FMI’s most recent market research, the global Hand-Held X-Rays Market is expected to grow at a CAGR of 10.9% from 2023 to 2033. The market is expected to be worth US$ 805.69 million in 2023. The valuation is expected to reach US$ 2,267.17 million by 2033.

Crucial Growth Factors:

The hand-held X-ray market is expected to experience growth due to several factors:

• Demographic shifts and global aging trends have led to an increase in the elderly population worldwide

• Orthopedic conditions, cancers, accidents, and other ailments are becoming more prevalent, contributing to the rising demand for medical devices

• Compared to traditional devices, modern medical devices offer greater convenience and comfort to patients, enhancing their overall experience and promoting better compliance with treatment regimes.

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The hand-held X-rays market is witnessing a surge in demand due to the devices’ ability to provide high patient output rates and fast imaging. Moreover, the device produces good-quality images and low radiation risks. Also, the market is expected to expand rapidly due to advancements in the field of osteopathy and an increase in sports-related injuries.

Additionally, the government’s increased focus on providing high-quality diagnostic imaging at a lower cost is driving the demand for hand-held X-ray units. Investments in research and development play a crucial role in the growth of the hand-held X-rays market. As leading market players focus on upgrading their devices and developing new detection techniques. These advancements not only increase the revenues of key players but also drive the overall growth rate of the hand-held X-rays market.

Restraining Factor:

Hand-held X-ray equipment can capture private patient information, making them vulnerable to hacker attacks and data breaches. This crucial aspect can limit the market to some extent.

Key Takeaways:

In 2023, North America is anticipated to hold a notable market share of 34.3% in the hand-held X-rays market. This dominance can be attributed to the region’s significant presence of service providers. Besides, several surgical procedures are being carried out by key companies in the region.
The ADB forecasts that by 2050, one in four individuals in Asia Pacific is expected to be over 60 years old. Besides, the population of older people in the region is projected to reach close to 1.3 billion.
The hospital segment is projected to hold a substantial market share of 47.2% in 2023. It is primarily attributed to the growth of the hospital industry, a rise in orthopedic surgeries, and an expanding patient population.
The orthopedic segment is anticipated to experience a CAGR of 12.5%, fueled by many orthopedic surgeries.
The hand-held X-rays market is poised to witness remarkable growth, with the dental segment projected to dominate and likely to capture a market share of 93.5% in 2023. The growth of this segment is driven by an increase in individuals with dental issues.

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Competitive Background:

The key players operating in the hand-held X-rays market are investing in mergers and acquisitions to gain a significant market share. The manufacturers are also investing in research and development, and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the hand-held X-rays market. As a result, market participants are likely to have a better overall revenue share in the global market.

Some Key Players in the Global Market Include:

Dental Imaging Technologies Corporation
REMEDI Co., Ltd
Genoray
OXOS Medical
MaxRayCocoon.com
Digital Doc LLC.
EVIDENT
Carestream Dental LLC

Key Segments

Hand-held X-rays as an Application:

Dental
Orthopedic
Others

Hand-held X-rays for End User:

Hand-held X-rays for Hospitals
Hand-held X-rays for Outpatient Facilities
Hand-held X-rays for Research & Manufacturing

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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.

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Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Restaurant Takeout Market to Double to US$ 4,024.9 Billion by 2032 Driven by Innovative Delivery Methods in the Post-Pandemic Era

The restaurant takeout market is expected to reach US$ 4,024.9 billion in 2032 from US$ 2,199.4 Billion in 2022, with a CAGR of 8.3% from 2022 to 2032.

The effects of the Covid-19 pandemic on the global economy may have contributed to the expansion of the restaurant takeaway industry, but the recent proliferation of fleet types and delivery patterns—such as curbside pickup, delivery from robotic warehouses, and store deliveries—was really what made it possible.

Because of the fierce competition in this profitable market, grocery stores, restaurants, and other food suppliers need to keep up with the latest developments in the business.

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Along with other major trends and possibilities, increased urbanisation, global internet usage, the proliferation of fast-food chains, and rising household restaurant takeaway spending have all contributed to the growth of the restaurant takeaway business.

Emerging multicultural populations, increased use of online media, online market place convenience, and restaurant takeout market consolidation are some of the restaurant takeout market adoption trends and restaurant takeout market future trends.

Barriers to entry into the restaurant takeout market are due to high logistical complexities, as well as the time-consuming development and implementation of systems that accept orders online, which are among the major challenges in the restaurant takeout market and restaurant takeout market key trends and opportunities.

For newcomers to the restaurant takeout market, getting things up and running can be very costly and time-consuming, which influences the emerging trends in the restaurant takeout market.

Key Takeaways:

Europe has a restaurant takeout market share of 19.7% in the restaurant takeout market.
The independent foodservice segment of the restaurant takeout market has the largest market share of 62.5% in the business type category through 2032.
East Asia has a restaurant takeout market share of 31.2% in the restaurant takeout market.
The platform-to-consumer segment of the restaurant takeout market is expected to outperform the purchase model category through 2032.
North America has a restaurant takeout market share of 23.3% in the restaurant takeout market.
Latin America has a restaurant takeout market share of 8.9% in the restaurant takeout market.
The restaurant takeout market is dominated by South Asia, with a share of 11.3%.

Competitive Landscape:

New market research report on restaurant takeout shows that the legacy players in the restaurant takeout market are concentrating on delivering solutions that meet specific needs, such as the installation of various technologies and the update and extension of current systems that will boost the restaurant takeout market key trends & opportunities.

The restaurant takeout market is dominated by Denny’s, Bob Evans, Biscuitville, Another Broken Egg Café, The Original Pancake House, First Watch, Village Inn, Huddle House, Perkins, Manchu Wok, HuHot Mongolian Grill, Mama Fu’s, Panda Express, Spaghetti Warehouse, Fazoli’s,appadeaux Seafood Kitchen.

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Recent Development in the Restaurant Takeout Market:

In partnership with Beyond Meat, KFC (Yum! Brands, Inc.) became the first national U.S. quick service restaurant to test plant-based chicken in 2019. In collaboration with Beyond Meat, KFC introduced “Beyond Fried Chicken,” a plant-based chicken that debuted in a limited test series.
In 2019, Dubai retailer Marka announced the opening of its first Deli Kitchen Restaurant in Dubai’s Design District, with the goal of providing free delivery to the Design District’s offices via WhatsApp ordering.
Google announced in July 2020 that it had begun testing food delivery services in India, allowing customers to place orders directly through Google’s search engine. Dunzo, a third-party platform in the process of upgrading its systems, is expected to deliver. The feature is already available in the United States at orderfood.google.com, and users can use voice assistants to place orders.

Key Segments

By Meal Type:

Breakfast
Brunch
Lunch
High Tea
Dinner

By Nature:

Vegetarian
Non Vegetarian
Vegan

By Payment Type:

Cash
Debit Cards
Credit Cards
Digital Wallets
Electronic Bank Transfers

By Business Type:

Chained Foodservice
Independent Foodservice

By Purchase Model:

Direct-To-Consumer
Platform-To-Consumer

By Region:

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

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Frequently Asked Questions

What is the CAGR of the Restaurant Takeout Market?
Which is the Leading Region in the Restaurant Takeout Market?
Which Segment Leads in the Restaurant Takeout Market by Business Type?
What is the Growth Estimated for the Restaurant Takeout Market by 2032?
Which are the Top 3 Leading Countries in the Restaurant Takeout Market?

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Biotainer Market: Growth Hotspots in North America and Asia-Pacific, Forecast to 2027, Research By FMI

Introduction

The Biotainer Market is witnessing a remarkable surge in demand, and it’s no wonder why. As the world becomes increasingly conscious of environmental sustainability and the need for safe, efficient storage and transportation of sensitive materials, Biotainer containers have emerged as a game-changer. In this comprehensive guide, we will delve into the Biotainer Market, explore its key aspects, and provide valuable insights into the future of these innovative containers.

The Biotainer market is geographically segmented into several regions, including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Among these regions, North America and Asia-Pacific (APAC) are poised to be the dominant players in terms of both volume and value within the market.

In North America, the Biotainer market is expected to thrive due to the region’s well-established economy and the growing disposable income of its population. The increasing awareness of environmental sustainability and the demand for eco-friendly packaging solutions have contributed to the adoption of biotainers, which are biodegradable and eco-conscious. This trend aligns with the preferences of environmentally-conscious consumers and the regulatory push for sustainable packaging.

Similarly, the Asia-Pacific region, including emerging economies, is experiencing rapid industrialization and urbanization, leading to an increase in disposable incomes. The demand for convenient and sustainable packaging solutions in the food and beverage, pharmaceutical, and healthcare industries is on the rise. As a result, APAC is expected to witness significant growth in the Biotainer market, both in terms of volume and value.

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In summary, North America and Asia-Pacific stand out as the major players in the Biotainer market, driven by economic prosperity, increasing environmental awareness, and a growing preference for sustainable packaging solutions.

Global Biotainer Market – Major Players

Some of the players operating in the global biotainer market include

E3 Cortex
CP Lab Safety
Nalge Nunc International
Biofluid Focus Inc.
Cellon S.A
Sani-Tech West, Inc.
Kisker Biotech GmbH & Co. KG
Teknova Medical Systems Ltd.
DD Biolab S.L.

Global Biotainer Market – Dynamics

Environmental Sustainability: Growing environmental awareness and increasing concern for sustainability have been a significant driver in the Biotainer market. Consumers and businesses are increasingly looking for biodegradable and eco-friendly packaging solutions as an alternative to traditional plastic containers.
Regulatory Initiatives: Government regulations and policies aimed at reducing plastic waste and promoting sustainable packaging practices have a significant impact on the Biotainer market. Regulations restricting single-use plastics have driven the demand for biodegradable containers.
Consumer Preference for Eco-friendly Packaging: Changing consumer preferences are a key driver of the Biotainer market. As more consumers seek environmentally friendly options, businesses are responding by adopting Biotainers to align with consumer values and preferences.
Growth in the Food and Beverage Industry: The food and beverage sector is a major consumer of Biotainers due to the need for safe and sustainable packaging solutions. The growth of this industry globally has a direct impact on the demand for Biotainers.
Technological Advancements: Continuous innovation in materials and manufacturing processes has improved the quality and cost-effectiveness of Biotainers, making them more competitive with traditional packaging options.
Market Competition: The Biotainer market is highly competitive, with multiple players offering a range of biodegradable and sustainable packaging solutions. This competition drives innovation and price competitiveness.

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Global Biotainer Market – Segmentation

The global market for biotainer is segmented on the basis of material type, capacity, and end use.

On the basis of the material type the global market for biotainer is segmented as follows:

Polycarbonate Biotainers
High-density polyethylene (HDPE) Biotainers
Polyethylene terephthalate glycol (PETG) Biotainers

On the basis of the capacity the global market for biotainer is segmented as follows:

Below 1 Liters
1 Liters – 5 Liters
5 Liters – 10 Liters
10 Liters – 20 Liters
Above 20 Liters

On the basis of the end use the global market for biotainer is segmented as follows:

Laboratories
Hospitals
Medical Research
Others

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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Website: https://www.futuremarketinsights.com
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Asia Pacific Leads in Self-Sealing Paper Bands Market Growth, Forecast Up to 2027 | Research by FMI

Introduction

Welcome to the world of Self-Sealing Paper Bands, an innovative and environmentally conscious way to secure items during transit and storage. In this comprehensive article, we will explore the Self-Sealing Paper Bands Market, its applications, advantages, and the reasons behind its growing popularity among businesses and individuals alike. Join us on this journey as we delve into the details of this sustainable packaging solution that is revolutionizing the way we handle goods.

The self-sealing paper bands market is experiencing regional segmentation, with key areas of focus being North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. The market dynamics in these regions vary significantly, leading to distinct growth expectations.

In the Asia Pacific region, the self-sealing paper bands market is projected to witness robust growth, with an above-average Compound Annual Growth Rate (CAGR). This can be attributed to the increasing investments in the food and beverage sector. Self-sealing paper bands find wide application in this industry for packaging, branding, and securing products. As the food and beverage sector continues to expand in the Asia Pacific, the demand for self-sealing paper bands is expected to surge.

Conversely, in North America, the self-sealing paper bands market is expected to grow at a more consistent and steady rate. This reflects a mature market with stable demand, where self-sealing paper bands are commonly used in various applications, including packaging, bundling, and branding.

Overall, the self-sealing paper bands market exhibits varied growth patterns across regions, with the Asia Pacific poised for particularly significant expansion due to the flourishing food and beverage sector.

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Key Self-Sealing Paper Bands Market Takeaways and Projections

The U.S. is expected to lead the North America Self-Sealing Paper Bands market, projecting the fastest growth in the region between 2022-2032
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.

Benefits of Self-Sealing Paper Bands

Self-Sealing Paper Bands Market has gained momentum in recent years due to the numerous benefits it offers. Let’s explore some of the key advantages of using these sustainable bands:

Eco-Friendly: One of the main attractions of self-sealing paper bands is their eco-friendliness. Being made from recyclable materials, they contribute significantly to reducing plastic waste and minimizing environmental impact.
Cost-Effective: Self-sealing paper bands are not only environmentally conscious but also budget-friendly. Businesses can cut down on packaging expenses while still ensuring the safety and security of their products.
Versatile Applications: From bundling small items like pens and cables to securing larger products like books and clothing, self-sealing paper bands find applications across various industries.
Easy to Use: With their user-friendly design, these bands simplify the packaging process. They can be effortlessly secured around items, saving time and effort during packaging.

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Report Benefits & Key Questions Answered

Self-Sealing Paper Bands Historical Market Analysis: The detailed survey by FMI, examines key factors in the Self-Sealing Paper Bands market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Self-Sealing Paper Bands market for the forecast period 2022-2032.
Self-Sealing Paper Bands Category & Segment Level Analysis: The category & segment level analysis conducted by FMI studies the market in terms of segments. It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
Self-Sealing Paper Bands Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Self-Sealing Paper Bands for the assessment period. As per the study, the demand for Self-Sealing Paper Bands will grow at a robust CAGR between 2022-2032.
Self-Sealing Paper Bands Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Self-Sealing Paper Bands market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
Self-Sealing Paper Bands Market Trend Analysis: The latest study by FMI on the Self-Sealing Paper Bands market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

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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 Self-Sealing Paper Bands 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 Self-Sealing Paper Bands market.

Self-Sealing Paper Bands Market: Market Segmentation

The self-sealing paper bands market can be segmented on the basis of end uses, material, coating area, coatings and region. Further on the basis of material, it is segmented into medical grade sterilizable Kraft, bleached white Kraft paper, natural brown Kraft paper and others.

On the basis of coating area it is segmented into opposite ends / opposite sides, opposite end / same side, overall coated one side. On the basis of coatings it can be segmented into latex coating or latex free coatings. On the basis of end uses the market can be segmented into shipping and logistics, food and beverages sector, industrial sector, apparel sector.

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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.

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Global Net Bags Market on a Growth Trajectory: Regional Insights, Forecast Up to 2032 | FMI Reports

Net Bags Market: An Overview

Net bags, often referred to as mesh bags, have evolved from simple, utilitarian items to trendy, eco-conscious fashion accessories. These open-weave bags are designed to carry a wide range of items, from groceries to beach essentials. They are a sustainable alternative to plastic bags and contribute to reducing environmental waste.

The global net bags packaging market is poised for consistent growth, with a steady Compound Annual Growth Rate (CAGR) projected throughout the forecast period. Geographically, the market can be segmented into North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

North America is anticipated to experience above-average growth, primarily driven by the widespread use of mesh net bags in the agricultural sector. These bags are instrumental in packaging and transporting produce, making them indispensable for the region’s agricultural industry.

In the Asia Pacific region, there is expected to be a surge in the usage of net bags, particularly for fruits and vegetables. The growing demand for fresh produce and the need for effective packaging solutions are contributing to this trend. Furthermore, the cosmetic industry in the Asia Pacific is also on the rise, which will bolster the net bags packaging market as these bags find applications in packaging cosmetic products.

Overall, the global net bags packaging market is on a growth trajectory, with different regions benefiting from diverse market drivers, including agriculture, fresh produce, and the cosmetic industry.

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Net bags market: key players

Few of the key players in the net bags packaging market are

LC Packaging and
Parry Enterprises India Ltd.

Net bags market: Market dynamics

Rising Consumer Awareness of Sustainability: Increasing environmental consciousness and the preference for sustainable packaging solutions have driven the demand for net bags. Consumers are looking for eco-friendly, reusable, and biodegradable options, leading to a surge in the use of net bags for packaging fruits, vegetables, and other products.
Agricultural Sector Growth: The net bags market is significantly impacted by the agricultural sector. The use of net bags for packaging and transporting fresh produce has increased, with agriculture being a major driver of market growth. These bags offer ventilation and protection to ensure the quality of harvested goods.
E-commerce and Online Grocery Shopping: The growth of e-commerce and online grocery shopping has boosted the demand for effective packaging solutions, including net bags. They are used for packaging and delivering fruits, vegetables, and other products, addressing the need for durable and breathable packaging for online orders.
Government Regulations and Sustainability Initiatives: Government regulations promoting eco-friendly packaging and sustainability initiatives have encouraged manufacturers and consumers to adopt net bags as a greener alternative. These regulations often aim to reduce single-use plastics and promote recycling.
Global Supply Chain Challenges: The net bags market can be influenced by global supply chain challenges, such as disruptions in the availability of raw materials, fluctuations in transportation costs, and logistical issues. These dynamics can affect pricing and supply chain reliability.
Competition and Innovation: The net bags market is competitive, with various manufacturers vying to offer innovative and cost-effective solutions. Continuous innovation in terms of bag design, materials, and printing techniques is a driving force behind market growth.

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Net bags market: Market segmentation

The net bags packaging market can be segmented on the basis of product type, material type, shapes, end uses, and packaging. On the basis of product type it is further segmented into extruded, oriented netting, knitted netting, tubular netting, monofilament and others.

On the basis material type, the net bags packaging can be segmented into polyethylene, polyester, polypropylene, cotton, and foam On the basis of shapes, net bags packaging it is further segmented into diamond, square, flat and cylinder net bags. On the basis of end uses net bags packaging is segmented into fruit and vegetable packaging, cosmetic packaging, agriculture sector, and protective sleeve in liquor packaging.

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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Global Prophy Dental Handpiece Market is expected to surge to US$ 398.8 Million by 2033 | FMI

By the end of 2023, the global Prophy Dental Handpiece Market is anticipated to have a value of US$ 229.3 million, and it will grow at a CAGR of 5.7% to reach US$ 398.8 million by the year 2033. Electric-driven prophy dental handpieces are anticipated to hold the majority of the market in 2023, with a predicted share of over 77.6%, according to a new analysis by Future Market Insights.

The global market for prophy dental handpieces is influenced by device restrictions, macroeconomic, regulatory, and industrial variables. The increase in occurrences of periodontal disease and the superior precision provided by different dental handpieces during dental treatments are significant market development factors.

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Prophy dental handpieces are essential tools in any dental practice. They are used to perform a variety of procedures, including teeth cleaning, polishing, and scaling. Prophy handpieces come in a variety of types, but the most common type is the electric prophy handpiece.

The market growth is attributed to a number of factors, including:

Increasing prevalence of dental diseases: Dental diseases are becoming increasingly common worldwide, due to a number of factors such as poor diet, lack of oral hygiene, and smoking. This is leading to an increased demand for dental procedures, including prophy procedures.
Rising geriatric population: The global geriatric population is on the rise. Older adults are more likely to develop dental diseases, and they are also more likely to seek regular dental care. This is driving the demand for prophy dental handpieces.
Growing awareness of oral hygiene: There is a growing awareness of the importance of oral hygiene among people of all ages. This is leading to an increased demand for prophy procedures, which are essential for maintaining good oral health.

The prophy dental handpiece market is segmented by type, application, and distribution channel. By type, the market is segmented into electric prophy handpieces and air-driven prophy handpieces. By application, the market is segmented into dental clinics, hospitals, and dental laboratories. By distribution channel, the market is segmented into direct sales and indirect sales.

The electric prophy handpiece segment is expected to account for the largest share of the market during the forecast period. This is due to the advantages of electric prophy handpieces over air-driven prophy handpieces, such as better torque, less vibration, and reduced noise levels.

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The dental clinics segment is expected to account for the largest share of the market by application during the forecast period. This is due to the high volume of prophy procedures performed in dental clinics.

The direct sales segment is expected to account for the largest share of the market by distribution channel during the forecast period. This is due to the fact that dental practitioners prefer to purchase prophy handpieces directly from manufacturers or authorized distributors.

Key Takeaways:

The global prophy dental handpiece market is expected to reach US$ 398.8 million by 2033, growing at a CAGR of 5.7% from 2023 to 2033.
The market growth is attributed to increasing demand for dental prophylaxis procedures, rising awareness about the importance of oral hygiene, and growing geriatric population.
Electric-driven prophy dental handpieces are expected to dominate the market during the forecast period.
North America is expected to remain the largest market for prophy dental handpieces during the forecast period.
Asia Pacific is expected to be the fastest-growing market for prophy dental handpieces during the forecast period.

Key Companies Profiled:

Dentsply Sirona
KaVo Dental GmbH
NSK/NAKANISHI INC.
Bien-Air Dental SA
Ultradent Products Inc.
W&H Dentalwerk Bürmoos GmbH
Young Innovations, Inc
Preventive Technologies, Inc.
Pac-Dent, Inc.
Avtec Dental
DENTALEZ, Inc.
MicroP Technology (Taiwan), Inc.
Aseptico Inc.
SAEVO
MTI Dental

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Key Market Segments Covered in Prophy Dental Handpiece Industry Research:

Product:

Straight Prophy dental Handpieces
Contra-angle Dental Handpieces
- Oscillating Contra-angle handpieces
- Rotary Contra-Angle Handpieces
Right-Angle Prophy Dental Handpieces

Power Supply:

Electric Driven
Battery Operation

Usage:

Reusage
Single-Use

End User:

Hospital
Dental Clinics
Group Dental Practice
Ambulatory Surgical Centers

Region:

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

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Folding Paperboard Boxes Market Thrive in Mexico and India’s Booming Packaging Industries, Reach US$ 111.0 Billion By The Year 2032 | FMI Reports

The global folding paperboard boxes market is set to enjoy a valuation of US$ 71.5 billion in 2022, and further expand at a CAGR of 4.5% to reach US$ 111.0 billion by the year 2032.

Mexico plays a pivotal role in driving the demand for folding paperboard boxes, primarily due to its emergence as a manufacturing hub with substantial incremental GDP growth. According to data from the World Bank, Mexico’s manufacturing industry achieved a value of US$ 232 billion in 2021. This burgeoning manufacturing sector naturally requires a significant volume of packaging materials to support its operations.

Data from the World Integrated Trade Solution reveals that Mexico’s total import of paperboard boxes reached US$ 717 million in 2019. This surge in demand for paperboard boxes can be attributed to the country’s rapidly growing manufacturing sector. Mexico stands out as the largest importer of paperboard boxes, and its substantial trading value underscores its influential role in driving the flexible paperboard boxes market.

On the other hand, India creates an incremental growth opportunity for the folding paperboard boxes market, and it is anticipated to account for approximately 48% of the South Asia market by 2032. India’s status as a burgeoning economy is marked by substantial growth in the packaging industry. According to data from the India Brand Equity Foundation, packaging consumption in India has surged by 200% over the last decade. Within the packaging industry, folding paperboard boxes represent the largest segment, claiming about 20% of India’s total packaging market. The dominance of the paper segment within the packaging industry points to significant growth opportunities for the paperboard boxes market. India’s emergence as a dynamic economy is instrumental in propelling the growth of the folding paperboard boxes market.

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The Key Players-

Caraustar Industries Inc.
DS Smith Plc
Georgia-Pacific Corporation
International Paper
Klabin SA
Clearwater Paper Corporation
Packaging Corporation Of America
Graphic Packaging Holding Company
Nippon Paper Industries Co, Ltd
Orora Ltd.
WestRock
Smurfit Kappa Group
Emenac Packaging USA
Deluxe Packaging, Inc.

Key Trend is Arising in the Folding Paperboard Boxes

Sustainability and Eco-friendliness: As environmental concerns continue to grow, there is a significant emphasis on using eco-friendly and recyclable materials in packaging. Folding paperboard boxes are often favored because they are made from renewable resources and can be easily recycled. Companies are increasingly adopting sustainable practices by using eco-friendly inks, reducing packaging waste, and promoting the recyclability of their paperboard packaging.
Customization and Personalization: Consumers today seek unique and personalized experiences. Customized folding paperboard boxes are gaining popularity to create distinct brand identities and enhance customer engagement. Advances in printing and design technologies allow for high-quality graphics, intricate designs, and personalized messaging on packaging.
Premium Packaging: Folding paperboard boxes are being used for premium and luxury products. Brands are investing in high-quality materials, unique finishes, and premium printing techniques to create packaging that reflects the exclusivity and value of their products.
Digital Printing: Digital printing technology is making it easier and more cost-effective to produce short runs of customized folding paperboard boxes. This trend is particularly useful for smaller businesses and those who want to test the market with new products.
Minimalist and Clean Design: Simplicity and minimalism in packaging design are becoming popular, with a focus on clean lines, uncluttered layouts, and neutral colors. This design approach aligns with the eco-friendly movement and appeals to consumers looking for a more understated and elegant packaging style.

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Folding Paperboard Boxes Market by Category

By Material, Folding Paperboard Boxes Market is segmented as:

Folding Boxboard
Solid Board
Chip Board

By Structure Type, Folding Paperboard Boxes Market is Segmented as:

Straight Tuck End
Reverse Tuck End
Tuck Top Auto-Bottom
Tuck Top Snap-Lock Bottom
Full Seal End Cartons
Double Glued Sidewall

By End Use, Folding Paperboard Boxes Market is Segmented as:

Food
Beverage
Healthcare
Personal Care & Cosmetic
Electrical & Electronic
Building & Construction
Other Consumer Goods

By Region, Folding Paperboard Boxes 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.

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Nandini Singh Sawlani

Generalized Anxiety Disorder Treatment Market is on the upswing, set to grow at a 9% CAGR by 2033 | FMI

The generalized anxiety disorder treatment market is projected to reach a market size of US$ 1800 million in 2023 and US$ 4261.25 million by 2033, growing at a CAGR of 9% over that time. The market for treating generalised anxiety disorder is expanding due to the rising incidence of mental health issues and the wide range of available therapies. From 2018 to 2022, the market for treating generalised anxiety disorder experienced a CAGR of 5.1%.

Growth of the market can be attributed to increasing prevalence and awareness of mental health issues. In addition, research and development to offer therapeutic treatments along with better antidepressants are boosting the growth of the market.

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The most common treatment options for GAD include medications such as antidepressants, benzodiazepines, and beta-blockers, as well as psychotherapy such as cognitive-behavioral therapy (CBT) and mindfulness-based therapy. The demand for these treatments is expected to increase as more people seek help for their GAD symptoms.

The Generalized Anxiety Disorder Treatment Market is also expected to benefit from the growing use of digital technologies such as telemedicine and mobile health apps. These technologies can help to increase access to treatment for people who may not have easy access to mental health services.

Key Takeaways from the Market Study:

The generalized anxiety disorder treatment market is expected to grow at a value of 9% CAGR in the forecast period 2023 to 2033.
By drug class, antidepressants are expected to possess 48% market share for generalized anxiety disorder treatment market in 2023.
North America is expected to possess 47% market share for generalized anxiety disorder treatment market in 2023.
Asia Pacific is expected to possess 42% market share for generalized anxiety disorder treatment market in 2023.

“The market for psychotherapy is expected to grow, driven by the increasing awareness of the importance of mental health and the growing availability of online therapy services.” states an FMI analyst

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Competitive Landscape:

Key players in the generalized anxiety disorder treatment market are MindMed, VistaGen Therapeutics, Actavis, Takeda Pharmaceuticals, Bionomics, Eli Lilly and Company, GlaxoSmithKline Pharmaceuticals Limited, Pfizer, Inc., Abbott Laboratories, Bristol-Myers Squibb and Actavis Pharmaceutical Company

MindMed has developed a digital therapeutics platform called “Lytica” that aims to improve mental health outcomes for patients with anxiety disorders. The platform uses cognitive-behavioral therapy (CBT) techniques to help patients manage their symptoms and improve their mental well-being.
Actavis offers a number of drugs that are commonly used in the treatment of GAD, including benzodiazepines like clonazepam and lorazepam. These drugs work by enhancing the activity of gamma-aminobutyric acid (GABA), a neurotransmitter that has a calming effect on the brain.

Key Segments Profiled in the Generalized Anxiety Disorder Treatment Industry Survey:

Drug Class:

Antidepressant
Buspirone
Benzodiazepines

Therapies:

Interpersonal Therapy
Behavioural Therapy
Cognitive Behaviour Therapy
Mindfulness Based Cognitive Therapy

Distribution Channel:

Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

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Consumer Behavior Shifts Influence Evolution of Lay Flat Bags Market in Europe and North America, Reach A Value Of US$ 54.04 Billion By 2032 | FMI Reports

Projections indicate that the global lay flat bags market is set to reach a value of US$ 54.04 billion by 2032, a substantial increase from the estimated US$ 24.8 billion in 2022. The surge in demand for lay flat bags is primarily attributed to the growing appetite for packaged food and beverages, a trend closely linked to heightened health awareness and rising per capita income levels.

The Lay Flat Bags market in North America is currently in a phase of growth, buoyed by the increasing disposable income and the expanding culture of consumerism. In contrast, Asia Pacific and the Middle East regions are at the forefront when it comes to the demand for vacuum thermoformed trays. Consequently, the Lay Flat Bags market is expected to experience a substantial rise in its compound annual growth rate (CAGR) throughout the forecasted period.

The APEJ (Asia Pacific excluding Japan) Lay Flat Bags market is poised for significant CAGR growth during the forecast period, driven by the expanding end-use industries, including pharmaceuticals, food, and personal care.

In Europe and North America, growth is anticipated, albeit at a slower and steadier pace during the forecasted period. The changing consumer trends in these regions are influenced by the emergence of innovative sale formats generated by retailers, which are increasingly attracting and engaging shoppers. This shift in consumer behavior is expected to contribute to the evolving landscape of the Lay Flat Bags market in these regions.

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Key Players

The prominent players in the Lay Flat Bags market are:

Boxes 4 U
Layflat Plastic Bags
Trampak
Poly Pak Plastics
Zee Green Bags
Atlantic Poly Inc
Four Star Plastics
US Poly Pack
General Plastic Extrusions, Inc.
Brentwood Plastics

Lay Flat Bags Market-Market Dynamics-

Growing Demand for Packaged Food and Beverages: The increasing consumer preference for convenience and the demand for packaged food and beverages are driving the growth of the Lay Flat Bags market. These bags are widely used for packaging various food and drink products.
Health Consciousness: Rising health awareness among consumers is leading to a shift in dietary preferences. Lay Flat Bags are often used for packaging organic, healthy, and fresh produce, aligning with consumer choices for healthier options.
Per Capita Income: The growth in per capita income in many regions is contributing to the expansion of the Lay Flat Bags market. Higher disposable incomes enable consumers to spend more on packaged goods, boosting the demand for such packaging solutions.
Changing Consumer Trends: Evolving consumer preferences and the influence of retailers in generating innovative sale formats impact the choice of packaging. Lay Flat Bags must adapt to these changing trends to remain competitive in the market.
End-Use Industries: The Lay Flat Bags market’s growth is closely tied to the end-use industries it serves, such as pharmaceuticals, food, and personal care. The growth and innovation in these sectors can significantly impact the demand for Lay Flat Bags.
Regional Variation: Different regions experience varying rates of growth and trends in the Lay Flat Bags market. Asia Pacific and the Middle East are leading regions for vacuum thermoformed trays, while Europe and North America witness slower but steady growth.

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Market Segmentations

The retailers’ now-a-days keeps first-hand knowledge on purchase habits of the consumers which they transmit to the manufacturers in the supply chain. This information that is generated is transferred from producer to manufacturer which causes the demand for Lay Flat Bags since it is a packaging material for manufactures.

Thus, the Lay Flat Bags manufacturer has to plan their business through consumer feedback and responses, the change in the eating habits and penetration of modernizing food products such as fast food, demand for technology, etc.

On the basis of end-use industry

Pharmaceuticals
Paint
Food
Frozen
Confectionary
Canned Foods
Personal Care

On the basis of specifications

Transparency
High-barriers
Easy-spouts
Re-closable zippers

On the basis of geographies

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East & 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.

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Nandini Singh Sawlani

Halal Food Market Set to Soar to US$ 3,229,805.32 Million by 2033 Attracting Non-Muslim Consumers in Europe, USA

The halal food market size is anticipated to surpass US$ 1,291,429.8 million in 2023 and is likely to attain a valuation of US$ 3,229,805.32 million by 2033. The halal food market share is projected to thrive at a CAGR of 9.6% from 2023 to 2033.

Cultural boundaries can be overcome through halal personal care and cosmetic products. Consumers who are not Muslims are becoming increasingly conscious of the ethical and aesthetic standards associated with halal products. Non-Muslim consumers are now looking for halal products because of their perceived safety, ethical sourcing, and healthy ingredient profiles, expanding the market beyond its normal clientele.

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The demand for natural and organic products around the world and the halal beauty market are closely tied. Many halal personal care businesses place a premium on using unadulterated, natural goods as opposed to synthetic ones. This is consistent with customers’ growing choice for beauty and grooming products that are health-conscious. Given the parallels between halal and natural/organic goods, a market segment that caters to consumers who are health-conscious is growing.

Leading companies in halal beauty place the highest importance on research and development (R&D). They invest a lot of resources into developing revolutionary product formulations that adhere to halal rules and suit the unique needs of a variety of clients. This commitment to R&D results in a continual supply of new, improved halal personal care and cosmetic products, keeping the market dynamic and responsive to altering customer trends.

More and more brands are offering customizable and adaptable halal beauty and personal care products. Customers may now customise products to suit their preferences, skin types, and concerns thanks to this trend. Customers who are looking for products that match their unique needs are drawn to customization and personalization, which also helps the industry grow by improving the consumer experience.

Key Takeaways from the Halal Food Market Report

The global market size stood at US$ 1,098,216.6 million in 2018.
The market expanded at a CAGR of 3.1% from 2018 to 2022.
In 2022, the global market size stood at US$ 1,241,759.4 million.
In 2022, the conventional segment gained 87.9% of the global halal food market shares.
In 2022, the meat, poultry, and seafood segment captured 56.4% of the halal food market shares.
In 2022, the food and beverages segment held 44.5% of the global halal food market shares.
In 2022, India’s halal food market expanded at a CAGR of 7.3%.
In 2022, The United States’ halal food market thrived at a CAGR of 13.4%.
In 2022, the halal food market in the United Kingdom rose at a 10.2% CAGR.

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Halal Food Market Segmentation

By Nature:

Organic
Conventional

By Product Type:

Meat, Poultry, and Seafood
Dairy Products
Fruits, Nuts and Vegetables
Fats, Oils and Waxes
Grains and Cereals
Beverages
Others

By Application:

Food & Beverages
Nutraceuticals & Dietary Supplements
Infant Formula
Animal Feed Industry
Others

By Region:

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

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Recent Developments in the Halal Food Market

To support Saudi Arabia’s aim to become a hub for halal food products worldwide, a new program was launched in August 2023 to accelerate the expansion of the halal food industry in the Kingdom. The Saudi Exports Development Authority and the Halal Products Development Co. have signed a strategic collaboration agreement to launch the Halal Products Manufacturing Accelerator Program.
In April 2023, Delivery Hero—the leading local delivery service in the world—announced Bekal by Foodpanda, a new service that guarantees end-to-end halal deliveries for consumers in Malaysia. This is the only delivery fleet in the entire country to have received halal certification, making it the first global brand in the Delivery Hero family to do so. Bekal by Foodpanda will only provide food from halal-certified vendors on the Foodpanda platform using a halal-certified delivery fleet with loyal riders.

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