Demand for AI-powered Surface Water Sports Equipment Market Poised to Surge in Near Future 2030 | FMI

The global surface water sports equipment market is surging and is expected to continue increasing between 2020 and 2030. According to Future Market Insights (FMI), the surface water sports equipment market is highly lucrative, and well poised to achieve a growth of over 5% over next ten years. Rising interest of people towards adventure water sports will boost sales.

The market is currently driven by frequent product launches and various technological advancements. For instance, the advent of electric vehicles in water sports activities will encourage manufacturers to make their launches more interesting to consumers.

Resultantly, companies will focus on offering better technologies and making their equipment high-performing. Studies suggest smaller companies are likely to focus more on innovations to strengthen their footprint in the global market.

For instance a New Zealand based startup called Manta5 has recently combined electric vehicle’s technology to that of watercraft to offer an exciting new equipment for surface water sports. It has launched a water bike called XE-1, which is built with carbon fiber hydrofoils on an aluminum frame.

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The water bike is inbuilt with a propeller that keeps the craft lifted out of the water as the rider picks up speed. It also has a proprietary gearbox connected to a hybrid chain and shaft drive that allows the craft to stay streamlines.

Driven by the slew of product launches witnessed at regular intervals, the global water sports equipment and accessories will exhibit impressive growth. FMI studies the various factors driving the market in detail in its recent market study.

The report offers a comprehensive overview of the global surface water sports equipment market, covering factors enabling growth and critical restraints. It provides in-depth insights into the market. Some of these are:

  • North America is expected to record high demand for surface sports water equipment
  • The market is expected to witness growth at a higher pace in East Asia
  • North America, Europe, and East Asia markets are likely to showcase a high degree of competition. Hence companies are expected to focus on technological advancements and product launches to gain edge
  • Advent of electric vehicles and AI will give significant impetus to the market
  • The unprecedented COVID-19 outbreak is expected to hamper growth. Lack of tourism due to the ongoing pandemic crisis might result in plummeting sales of surface water sports equipment

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“Surface water sports equipment market is expected to witness considerable growth. While it might witness stunted sales due to the ongoing pandemic, recovery is on cards as soon as the coronavirus passes. Upward trend of investment will enable growth in the market in the coming years,” said a lead analyst at FMI.

Who is winning?

Some of the leading companies operating in the global surface water sports equipment market are Paddle Surf, AIRE, Naish International, Rave Sports, O’Brien, BIC Sports, Aqua Marine, Belassi, BomBoard, Starboard, Solstice Sports, Surftech, and Johnson Outdoors.

Companies operating in the market usually focus on innovations. FMI observes a higher spending on research and spending to support product launches. While the market exhibits a presence of a significant number of established companies, it also offers immense prospects for smaller businesses and new entrants.

Get Valuable Insights on the Surface Water Sports Equipment Market

Future Market Insights, provides an unbiased analysis of the global surface water sports equipment market in its new offering, giving historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights into the market. In terms of product, the market can be segmented into paddle sports equipment, ski sports equipment, board sports equipment. Based on end user, the market can be segmented into beginner, professional, and intermediate. On the basis of consumer orientation, the market can be bifurcated into adults and kids and based on price range it can be bifurcated into mass and premium. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

Key Segment

Product Type

  • Paddle Sports Equipment
  • Ski Sports Equipment
  • Board Sports Equipment

Consumer Orientation

  • Adults
  • Kids

Sales Channel

  • Wholesalers/ Distributors
  • Hypermarkets/ Supermarkets
  • Exclusive Stores
  • Multi-brand Stores
  • Franchise Sports Chain Outlets
  • Independent Sports Outlets
  • Online Retailers

End User

  • Beginner
  • Intermediate
  • Professional

Price Range

  • Mass
  • Premium

Region

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

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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Garment Steamer Market is Projected to Increase at a 5.8% CAGR from USD 2,043.3 Million in 2023 to USD 3,594.9 Million by 2033 | FMI

The global garment steamer market is projected at ~USD 2,043.3 million in 2023 and is projected to reach ~USD 3,594.9 million by 2033, at a CAGR of 5.8% from 2023 to 2033. Share of the global garment steamer market in its parent market fabric care appliances market is ~30% – 35 %.

Important market players for garment steamers are concentrating on boosting their visibility and growing their market share through a various strategy like mergers and acquisitions. In 2021, Spectrum Brands Holdings, Inc. declared it had reached an agreement to buy For Life Products, LLC (“Rejuvenate”), a top producer in the cleaning, upkeep, and repair of residential properties. Rejuvenate is being purchased for about $300 million, subject to usual modifications, and offers a rapidly expanding range of cutting-edge cleaning and surface care solutions home appliances.

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Manufacturers of garment steamer are increasingly inclined to diversify into the market to increase their presence through various product launches. For instance, Groupe SEB introduced the Rowenta IXEO QR1020 in 2018. In spite of certain shops destocking their inventories, the company saw a rise in the demand for garment steamer in 2019.

To give all customers access to distinctive or high-quality products, the premiumization trend is bridging the gap between luxury and mass markets. Additionally, the Premiumization of the target product is providing profitable prospects for numerous companies to capitalize on, strengthening their market position.

Utilizing only materials that are 100% environmentally friendly, businesses are innovating their products. Companies are being encouraged to introduce new products to the market by the rising demand for eco-aware products in several countries. Customers have found these eco-friendly products to be appealing. Manufacturers are increasingly using eco-conscious materials in their products as opposed to traditional ones.

Key Takeaways from the Garment Steamer Market Study

  • Handheld/portable is anticipated to expand at the quickest rate, with a CAGR of 6.6% during the forecast period.
  • The US holds a noteworthy value share of 75.2% in North America owing to the high penetration of key players in the region.
  • India is a key market in South Asia and estimated to account for a value share of 33.7% owing to the higher spending on premium products in the country.
  • Germany is expected to account for over 19.9% of market share in Europe through 2023. Germany is one of the most important market for garment steamer along with the high penetration of key players in the region.

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“For manufacturers, developing new products has taken the top spot. Automation in manufacturing boosts productivity and lowers costs. The most important success factor for businesses continues to be innovation in product material and design”, Says an FMI analyst.

Who is winning?

Leading manufacturers of garment steamer are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth globally.

Leading players operating in the global garment steamer market are Groupe SEB, Conair Corporation, Pure Enrichment Company, BLACK+DECKER Inc., Reliable Corporation, 4VOO, Koninklijke Philips N.V., Electrolux AB, Panasonic Corp., Hamilton Beach Brands Holding Company, Spectrum Brands, and AICOK among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global garment steamer market, presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.

The study divulges compelling insights on the garment steamer market based on product type (handheld/portable, upright/non-portable) by power, (below 750 watt, 750-1000 watt, 1000-1500 watt, 1500-2500 watt, 2500 watt & above), by water tank capacity (below 500ml, 500ml-1 litre, 1-2 litre, 2-3 litre, 3-4 litre, 4 litre & above), by material (plastic, anti-lock braking system (abs), metal, aluminium, stainless steel, cast iron, ceramic), by end user (household/residential, commercial), by sales channel (direct, indirect) across seven major regions.

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Incontinence Skincare Products Market is Projected to Reach US$ 4.55 Billion by 2033, at a CAGR of ~4.5% From 2023 to 2033 | FMI

The incontinence skincare products market is predicted to be valued at US$ 2.93 billion in 2023 and US$ 4.55 billion by 2033. Over the projection period, sales in the incontinence skincare products market are expected to increase at a CAGR of 4.5%.

A growing aging population worldwide has led to an increased prevalence of incontinence issues, driving the demand for specialized skincare products. As awareness about incontinence and its impact on skin health grows, individuals are seeking advanced and effective skincare solutions, propelling the market forward.

The rise of eco-conscious consumers has sparked a demand for sustainable and environmentally friendly incontinence skincare products. Companies are focusing on using biodegradable materials and reducing plastic waste, appealing to environmentally conscious consumers.

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Technological advancements have paved the way for innovative products that address the specific needs of consumers. For instance, smart skincare devices with sensor technology are gaining traction, providing personalized care and real-time monitoring of skin conditions. Manufacturers are investing in research and development to create products that is not only effective in managing incontinence-related skin issues but aesthetically pleasing and comfortable to use. This focus on user experience enhances customer satisfaction and loyalty.

A growing emphasis on inclusivity and diversity is driving the development of incontinence skincare products tailored to different age groups, genders, and cultural backgrounds. Companies are acknowledging the unique needs of diverse consumers and offering customized solutions.

Key Takeaways from the Incontinence Skincare Products Market:

  • According to FMI, the United States leads the growth in North America, accounting for approximately 4.3% CAGR during the forecast period.
  • In India, sales of incontinence skincare products are projected to surge at a 4.1% CAGR over the next decade.
  • Germany is expected to experience robust growth at a CAGR of 4.2% by 2023.
  • Future Market Insights predicts women to dominate the end-user segment with a CAGR of 4.7% over the next decade.
  • As per FMI, the creams segment is set to expand at an impressive 4.9% CAGR from 2023 to 2033.

“The incontinence skin care products market shows promising growth prospects, driven by rising awareness, innovative solutions, and a focus on skin health. Key players are poised to make significant strides in the industry,” remarks an analyst at FMI.

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How Key Players are Revolutionizing the Incontinence Skincare Products Market?

Key players are spearheading a revolution in the incontinence skincare products market through innovation and consumer-centric solutions. They prioritize research and development to create advanced skincare products tailored to meet the specific needs of individuals with incontinence.

These products focus on preventing skin irritation, providing gentle cleansing, and enhancing overall skin health. Key players leverage eco-friendly ingredients and sustainable packaging to address environmental concerns. Their emphasis on education and awareness campaigns aims to break stigmas and raise awareness about the importance of incontinence skincare. This dedication to improving the quality of life for consumers drives the transformation of the market.

Product Portfolio

  • With a diverse product portfolio, SvenskaCellulosa AB offers innovative incontinence skincare solutions, including absorbent pads and skin-friendly cleansing products, catering to various user needs and preferences.
  • Coloplast’s product portfolio boasts cutting-edge incontinence care solutions, such as discreet and comfortable catheters, pouches, and barrier creams, designed to improve the quality of life for users worldwide.
  • GAMA Healthcare’s comprehensive product portfolio features effective incontinence skincare products, including moist wipes and skin protection creams, addressing hygiene and skin health concerns with clinically proven formulations.

More Insights Available

Future Market Insights offers an unbiased analysis of the incontinence skincare products market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the incontinence skincare products market, the report is segmented on the basis of Product Type (Creams, Lotions, Washes/Cleansers, Wipes and Gels/Oils), Price ( Low, Medium and High), End-User (Men, Women and Kids), Sales Channel (Hypermarkets/ Supermarkets, Pharmacy/Drug stores, Convenience stores, Wholesalers and Distributors and Online Retail Sales), across 7 major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East & Africa).

Market Segmentation

By Product Type:

  • Creams
  • Lotions
  • Washes/Cleansers
  • Wipes
  • Gels/Oils

By Price:

  • Low
  • Medium
  • High

By End-User:

  • Men
  • Women
  • Kids

By Sales Channel:

  • Hypermarkets/ Supermarkets
  • Pharmacy/Drug stores
  • Convenience stores
  • Wholesalers and Distributors
  • Online Retail Sales

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • 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.

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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Antimicrobial Wipes Market is Expected to Rise at a 10% CAGR, Generating Revenue of US$ 27 Billion by 2033 | FMI

The antimicrobial wipes market is predicted to be valued at US$ 10.04 billion in 2023 and US$ 27 billion by 2033. Over the projection period, sales in the antimicrobial wipes market are expected to increase at a CAGR of 10%. As environmental awareness takes center stage, consumers and businesses alike are seeking sustainable options. The integration of eco-friendly materials, biodegradable wipes, and recyclable packaging presents an excellent opportunity for market players to capture the growing eco-conscious market segment.

In a world driven by consumer preferences, the trend of personalized antimicrobial wipes is gaining momentum. Tailoring wipes for specific uses, skin types, or even scents can elevate user experience, fostering brand loyalty and standing out in a competitive market. The convergence of technology and hygiene is ushering in a new era. Smart packaging that indicates usage, expiration, or even tracks disinfection effectiveness is an intriguing avenue.

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Antimicrobial wipes infused with innovative ingredients like nanoparticles or probiotics are pushing the boundaries of product efficacy. While healthcare remains a dominant sector, antimicrobial wipes are branching into diverse fields. From fitness centers to transportation, educational institutions to hospitality, the potential to curtail the spread of germs in various environments presents an expansive playing field.

Key Takeaways from the Antimicrobial Wipes Market Report

  • The antimicrobial wipes market is led by the United States, projecting a 9.9% CAGR until 2033.
  • China is at the forefront, anticipating 9.8% CAGR growth in protective clothing by 2033.
  • The United Kingdom is poised for a 9.7% CAGR by 2033.
  • The skincare wipes segment is set to dominate with a 55% global antimicrobial wipes market share in 2023.
  • FMI predicts the scented antimicrobial wipes segment to grow at a remarkable 10.3% CAGR through 2033.

“The growth of the antimicrobial wipes market is striking, fueled by an increased consciousness about hygiene. Increasing demand for effective pathogen control underscores its pivotal role in modern health and wellness”, remarks an analyst at FMI.

How Key Players are Revolutionizing the Antimicrobial Wipes Market?

In the ever-evolving landscape of hygiene and wellness, key players are orchestrating a remarkable revolution within the antimicrobial wipes market. With an unwavering commitment to health and safety, these industry leaders are redefining standards and reshaping consumer expectations.

Harnessing cutting-edge research and technology, these key players are introducing antimicrobial wipes that go beyond mere cleanliness, offering an unparalleled level of protection against harmful pathogens. Innovative formulations, combining powerful disinfectants with gentle ingredients, are ensuring effective germ eradication while being safe for everyday use.

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The revolution extends to sustainability, as these pioneers prioritize eco-friendly materials and packaging, reflecting a holistic approach to health – for both individuals and the planet. Through strategic collaborations, rigorous quality control, and a consumer-centric mindset, these trailblazers are setting a new precedent, elevating the Antimicrobial Wipes market to unprecedented heights.  They continue to push boundaries, the health and well-being of communities stand to gain, making a profound impact on the way we approach hygiene in the modern world.

Product Portfolio

  • Crosstex International, Inc. presents a diverse product portfolio of innovative infection prevention solutions. From high-quality facemasks and sterilization pouches to advanced waterline treatment options, Crosstex ensures uncompromised safety for healthcare settings worldwide.
  • coVita offers a cutting-edge range of personal protective equipment, including face masks, gloves, and sanitization essentials. Committed to safeguarding communities, coVita’s products combine comfort with effective protection, empowering individuals to embrace daily routines with confidence.
  • Hopkins Medical Products stands as a trusted source for top-tier medical supplies. With an array of specialized products spanning from diagnostic tools to patient care essentials, Hopkins supports medical professionals in delivering exceptional care and optimal patient experiences.

More Insights Available

Future Market Insights offers an unbiased analysis of the antimicrobial wipes market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the antimicrobial wipes market, the report is segmented on the basis of product (skincare wipes and surface disinfectant wipes), end user (hospitals/healthcare centers, offices/commercial, food services, food processing industry, manufacturing & industrial, schools & universities, hospitality, groceries, convenience stores and retail, individuals and household),  nature (scented antimicrobial wipes and unscented antimicrobial wipes) and sales channel (hypermarkets/supermarkets, specialty stores, discount stores, multi-brand stores, online retail sales and independent departmental stores), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East & Africa).

Market Segmentation

By Product:

  • Skincare Wipes
  • Surface Disinfectant Wipes

By End User:

  • Hospitals/Healthcare Centers
  • Offices/Commercial
  • Food Services
  • Food Processing Industry
  • Manufacturing & Industrial
  • Schools & Universities
  • Hospitality
  • Groceries
  • Convenience Stores and Retail
  • Individuals
  • Household

By Nature:

  • Scented Antimicrobial Wipes
  • Unscented Antimicrobial Wipes

By Sales Channel:

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Discount Stores
  • Multi-brand Stores
  • Online Retail Sales
  • Independent Departmental Stores

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • 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.

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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Chronic Pain Market Poised For Disruption as Medical Technology Advances, With FMI Forecasting US$ 142.53 Billion Transformation By 2033

The Chronic Pain Market refers to the pharmaceutical and medical devices industry involved in the development, production, and distribution of products used for the management and treatment of chronic pain conditions. Chronic pain is defined as persistent pain that lasts for several months or longer and often does not respond well to conventional pain management approaches.

The chronic pain market has been growing significantly over the years due to various factors, including an aging population, increased prevalence of chronic pain conditions, and advancements in medical technology. The market encompasses a wide range of therapeutic options, including medications, medical devices, and alternative therapies.

Medications used for chronic pain management include nonsteroidal anti-inflammatory drugs (NSAIDs), opioids, anticonvulsants, antidepressants, and topical analgesics. These medications are prescribed to alleviate pain, reduce inflammation, and manage related symptoms.

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The Chronic Pain Market is anticipated to grow from US$ 73.14 billion in 2023 to US$ 142.53 billion by 2033, rising at a CAGR of 6.9% during the forecast period. Globally, there were more than 187 million cases of chronic pain in 2020, and from 2023 to 2033, it is predicted that this number will rise quickly.

Medical devices used in the chronic pain market include spinal cord stimulators, implantable drug delivery systems, and nerve stimulation devices. These devices aim to provide targeted pain relief by modulating the nervous system or delivering medications directly to the affected area.

Key Takeaways from the Chronic Pain Market Study:

  • The chronic pain market is expected to grow at a significant CAGR over the next decade, driven by the aging population, the rising prevalence of chronic diseases, and the increasing awareness of chronic pain management options.
  • North America is the largest market for chronic pain, followed by Europe and Asia Pacific.
  • The key players in the chronic pain market are developing new and innovative chronic pain treatments, such as non-opioid analgesics and targeted drug delivery systems.

The chronic pain market is a large and growing market, with a number of opportunities for growth for pharmaceutical companies and other stakeholders. The key to success in this market will be to develop new and innovative chronic pain treatments that are effective and safe.

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Competitive Analysis:

By Prominent Market Players:

  • Eli Lilly and Company
  • Dickinson and Company
  • Medtronic plc
  • Johnson & Johnson
  • Novartis AG
  • AstraZeneca PLC
  • Becton
  • Bristol-Myers Squibb Company
  • Sanofi

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

Chronic Pain Market: Segmentation:

By Product:

  • Drugs
  • Devices

By Indication:

  • Neuropathic Pain
  • Arthritis Pain
  • Chronic Back Pain
  • Cancer Pain
  • Migraine
  • Fibromyalgia
  • Others

By Application:

  • Musculoskeletal
  • Neuropathy
  • Oncology
  • Others

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By Region

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

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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
LinkedInTwitterBlogs | YouTube

Vitrectomy Devices Market to Surge at 7.3% CAGR by 2032, Driven By Rising Demand for Sight-Restoring Surgeries | FMI

The Vitrectomy Devices Market refers to the global market for surgical devices used in vitrectomy procedures. Vitrectomy is a surgical procedure performed to treat various eye conditions, particularly those affecting the vitreous humor, the gel-like substance that fills the eye between the lens and the retina. The procedure involves the removal of the vitreous humor from the eye and replacing it with a saline solution or gas bubble.

Vitrectomy devices are essential tools used by ophthalmologists and vitreoretinal surgeons to perform the procedure. These devices typically consist of a console or control unit, a light source, a microsurgical instrument, and a vitrectomy probe. The probe is inserted into the eye through a small incision and used to remove the vitreous humor.

The global vitrectomy devices market has experienced significant growth in recent years due to the increasing prevalence of various retinal disorders, such as diabetic retinopathy, macular degeneration, and retinal detachments. Advancements in technology, such as the introduction of minimally invasive surgical techniques and the development of innovative vitrectomy devices, have also contributed to market growth.

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According to a recently published industry study report by Future Market Insights, sales of vitrectomies devices were US$ 1.2 billion worldwide in 2021. The market is anticipated to grow at a CAGR of 7.3% from 2022 to 2032, reaching a worth of US$ 2.6 billion. The greatest revenue-generating kind is anticipated to be vitrectomy machines, with a nearly US$ 1.3 billion opportunity in absolute terms from 2022 to 2032.

Key factors driving the market include:

  • Rising prevalence of retinal disorders: The increasing incidence of retinal diseases, particularly among the aging population, has led to a growing demand for vitrectomy procedures and devices.
  • Technological advancements: The development of advanced vitrectomy devices, such as 3D visualization systems, high-speed cutters, and wide-angle viewing systems, has improved surgical outcomes and enhanced surgeon efficiency.
  • Growing adoption of minimally invasive procedures: Minimally invasive vitrectomy techniques, which involve smaller incisions and faster recovery times, have gained popularity among patients and surgeons alike, leading to increased demand for corresponding devices.
  • Increasing geriatric population: The aging population is more susceptible to retinal disorders, driving the demand for vitrectomy procedures and devices.
  • Favorable reimbursement policies: Improved reimbursement policies for vitrectomy procedures in many countries have encouraged patients to seek treatment and boosted market growth.

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Which area is expected to have the greatest market potential for vitrectomies devices?

However, historically, regions with well-established healthcare systems and a high prevalence of eye disorders have been significant markets for vitrectomy devices. These regions include North America, Europe, and Asia-Pacific. North America, particularly the United States, has traditionally been a major market for medical devices, including vitrectomy devices, due to its advanced healthcare infrastructure and a large number of patients requiring retinal surgeries.

Europe also represents a significant market for vitrectomy devices, with countries like Germany, the United Kingdom, and France being prominent contributors to the market. The Asia-Pacific region, including countries such as China, Japan, and India, has been witnessing rapid growth in the healthcare sector, leading to an increased demand for advanced ophthalmic devices.

It’s important to note that market dynamics can change over time, and new regions may emerge as significant opportunities for vitrectomy devices based on factors such as changing demographics, healthcare investments, and technological advancements. To obtain the most accurate and up-to-date information, I would recommend consulting market research reports, industry publications, or reaching out to market research firms specializing in the medical devices sector.

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Competitive Analysis:

The key players operating in the vitrectomy devices market include:

  • Alcon Inc.,
  • Bausch & Lomb Incorporated,
  • BVI,
  • NIDEK CO., LTD.,
  • Johnson & Johnson Vision Care, Inc.,
  • Blink Medical,
  • Topcon Corporation,
  • Carl Zeiss Meditec AG,
  • Hoya Surgical Optics

Market Segments Covered in Vitrectomy Devices Industry Analysis:

By Product Type:

  • Vitrectomy Machines
  • Vitrectomy Packs
  • Photocoagulation Lasers
  • Illumination Devices

By Application:

  • Diabetic Retinopathy
  • Retinal Detachment
  • Macular Hole
  • Vitreous Hemorrhage
  • Other Applications

By End-use:

  • Hospitals
  • Ophthalmic Clinics
  • Ambulatory Surgical Centres

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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:        

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Dog Food Toppers Market is Anticipated to Grow at a CAGR of 8.7% During the Forecast Period by 2032

The global dog food toppers market is estimated to expand at a CAGR of over 8.7% over the forecast period of 2022-2032, as per Future Market Insights (FMI). Sales in the market are estimated to be reach US$ 11,910.9 Million by the end of 2032.

An increasing number of pet owners across the globe are frequently spending on premium products and services for their dogs’ well-being. Hence, with the growing trend of pet humanization, the expansion of the dog food topper market is predicted to rise over the upcoming decade.

Further, expenditure on pet food includes, pet healthcare, and other associated costs. Hence, key players are introducing healthy and nutritional pet food products as per the pets’ requirement. They are also focusing on including customized products and developing liquid dog food toppers.

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According to an independent study in 2018, in the U.S., pet expenditure has increased by more than 50% from 2013. The significant portion of the expenditure made was on pet food, where premium pet food with premium and good quality ingredients was frequently purchased, followed by other natural and generic food. The remaining expenses accounted for expenses made in pet supplies, veterinary, and pet services.

Key Takeaways from the Dog Food Toppers Market Study

  • Based on product type, dry topper segment is expected to witness incremental growth over the assessment period
  • In terms of packaging type, the bags and pouches segment will register steady growth in the forthcoming decade.
  • Hypermarkets and supermarkets are expected to hold a lion’s share in the dog food topper market during the forecast period.
  • Based on sales channel, the online retailer segment is anticipated to rise at a rapid rate in the dog food toppers market.

“Dog food topper producers are developing strategies and collaborating with online sales channels to expand their product line. They are also introducing products with extended shelf life and customization to gain revenue.” Says an FMI analyst.                      

Who is winning?

Leading manufacturers of dog food toppers are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of dog food toppers market globally.

Major players present in the dog food toppers market Stella & Chewy’s, The Honest Kitchen, Blue Buffalo Co., Ltd., Nature’s Variety, Merrick Pet Care, Inc., Castor & Pollux Natural Petworks, Mars Incorporated, Only Natural Pet, Petco Animal Supplies, Inc. (WholeHearted), Applaws Natural Cat and Dog and Cat Food, and Tiki Pets among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global dog food toppers market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the dog food toppers market based on product type (dry topper and wet topper), packaging type (pouches, bags, can, and bottle & jars), packaging size (0-10, 10-20, and above 20), life stage (puppy & adult), sales channel (hypermarkets/supermarkets, convenience stores, pet specialty stores, independent grocery retailers, drugstores, online retailers, and others) across seven major regions

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Global Dog Food Toppers Market by Category

By Product Type:

  • Dry Topper
  • Wet Topper

By Packaging Type:

  • Pouches
  • Bags
  • Can
  • Bottles & Jars

By Packaging Size (in Ounces):

  • 0-10
  • 10-20
  • above 20

By Life Stage:

  • Puppy
  • Adult

By Sales Channel:

  • Hypermarkets/Supermarkets
  • Pet Specialty Stores
  • Independent Grocery Retailers
  • Drugstores
  • Online Retailers
  • Others

By Region:

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

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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Environmental Remediation Technology Market Set to Reach US$ 231.8 Billion by 2033 with a Remarkable 7.8% CAGR

The global environmental remediation technology market is expected to capture a valuation of US$ 116.5 billion in 2023. The global market is estimated to capture a CAGR of 7.8% between 2023 and 2033. The global market is anticipated to secure a valuation of US$ 231.8 billion by 2033.

How are the Manufacturers Advancing the Global Market?

Manufacturers are contributing several innovations and strategies to advance the global market. These are as follows:

  • Development of Advanced Remediation Technologies:Manufacturers invest huge amounts in research and development activities to create effective and efficient environmental remediation technologies. These innovations include raw materials, advanced treatment methods, and improved equipment.
  • Integration of Artificial Intelligence and IoT:Internet of Things sensors allow real-time monitoring of targeted remediation efforts and facilitate more precise. Artificial intelligence technology is used for employing better decision-making, prediction modeling, and data analysis.
  • Green and Sustainable Materials:Manufacturers focus on developing sustainable and eco-friendly remediation. These materials minimize environmental impacts and enhance the remediation process.
  • Mobile and Modular Solutions:Portable remediation systems allow easy deployment and adaptation to different contamination scenarios. It increases responsiveness and flexibility in addressing environmental challenges.
  • In-Situ Remediation Techniques:In-Situ remediation technology treats contamination without removing them from the site. Manufacturers improve and expand these technologies to reduce costs and minimize site disruption.
  • Collaboration and Partnerships:Manufacturers are partnering with environmental agencies, research institutions, and service providers to fuel the global market. These collaborations allow us to approach environmental remediation positively.
  • Compliance with Regulations: Manufacturers ensure remediation technologies with environmental standards and regulations. These technologies require wide and marketable by private enterprises and government agencies.

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Key Takeaways:

  • The environmental remediation technology market is estimated to register a CAGR of 7.8%, with a valuation of US$ 231.8 billion in 2033.
  • The United States is anticipated to dominate the global market by securing a share of 15.9% during the forecast period.
  • Germany is estimated to capture a share of 5.1% of the global market during the forecast period.
  • With a share of 4.0%, Japan is estimated to drive the global market by 2033.
  • Australia is estimated to register a share of 1.0% in the global market during the forecast period.

How are Key Players Adding Value in the Global Market?

The global market is highly competitive by the number of prominent players all around the region. They are developing innovative and advanced products to attract consumers and increase sales volume. These players drive the global market through various marketing strategies, including mergers, acquisitions, partnerships, and product launches.

Recent Developments in the Global Market are:

  • In 2021, Clean Harbors announced to offer remediation solutions for hazardous waste management and contaminated sites. The company is leading industrial and environmental services to manage waste.
  • In 2021, Bechtel Corporation offer an environmental remediation sector that manages projects related to construction and engineering.

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Top Key Players in the Global Market

  • Bristol Industries, LLC.
  • MWH Global, Inc.
  • Tarmac International, Inc.
  • Sequoia Environmental Remediation Inc.
  • Environmental Remediation Resources Pty Ltd.
  • Entact LLC
  • GEO Inc.
  • ERSI
  • Newterra Ltd.
  • Golder Associates Corporation
  • Clean Harbors, Inc.

Key Segmentation

By Technology Type:

  • Thermal Desorption
  • Excavation or Dredging
  • Surfactant Enhanced Aquifer Remediation (SEAR)
  • Pump and Treat
  • Solidification and Stabilization
  • In Situ Oxidation
  • Soil Vapor Extraction
  • Bioremediation
  • Nonoremediation

By Application:

  • Oil and Gas
  • Mining and Forestry
  • Waste Disposal Sites
  • Agriculture
  • Automotive
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • 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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1,4-Dicyclohexylbenzene Market Continues Positive Growth Outlook with 3.7% Annual Sales Increase Through 2031

Future Market Insights (FMI) has predicted that the chemical, paints and coatings, and electrical and electronics industries will see an increase in demand for 1,4-Dicyclohexylbenzene in its most recent report. According to the research analysis, during the forecast period of 2021–2031, the 1,4-Dicyclohexylbenzene market is anticipated to develop at a rate of 3.7%.

Growth in automobile sales will fuel the demand for 1,4-Dicyclohexylbenzene owing to its use as a solvent in paints and plastic products used in the automobile industry.

Besides the automotive sector, the chemical industry will emerge as a major consumer of 1,4-Dicyclohexylbenzene due to its use as a chemical intermediate in manufacturing of phenol, which is further used for epoxy resins.

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In addition to this, the increasing demand from the electrical and electronics sector, to meet intensive specifications and requirements of consumer electronics and other devices is expected to create significant growth opportunities. These factors will prove crucial for consistent growth of the global 1,4-Dicyclohexylbenzene market.

Key Takeaways from 1,4-Dicyclohexylbenzene Market Study

  • China has emerged as a leading consumer of 1,4 – Dicyclohexylbenzene owing to strong presence of chemical, automobiles, and electrical and Electronics industries in the country.
  • The chemical industry is the largest consumer of 1,4-Dicyclohexylbenzene, exhibiting increasing application in the production of diverse chemicals.
  • South Korea and Japan also will emerge as lucrative markets with East Asia. Globally, these countries are expected to account for 9.4% of 1,4-Dicyclohexylbenzene sales in 2021.
  • Sales in the U.S. will consistently rise, accounting for 85.9% of demand in North America in 2021.

 “Increasing application in chemical production will drive the 1,4-Dicyclohexylbenzene market. In order to capitalize on existing opportunities, market players are expected to enter into partnership agreements with regional players,” said an analyst at FMI.

1,4-Dicyclohexylbenzene Market: Participant Insights                                        

Key manufacturers in the 1,4-Dicyclohexylbenzene market,

  • Schultz Canada Chemicals Ltd.
  • Biosynth Carbosynth
  • Henan Tianfu Chemicals Co. Ltd.
  • Changsha Easchem Co., Ltd.
  • Hefei TNJ Chemical Co. Ltd.
  • Jiangsu Zhongneng Chemical Technology Co., Ltd.
  • Tokyo Chemical Industry Ltd.
  • Syntechem Co. Ltd.

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1,4-Dicyclohexylbenzene Market by Category

By Product Type:

  • Below 99%
  • Above 99%

By Application:

  • Adhesives
  • Paints & Coatings
  • Electrical & Electronics
  • Chemical Intermediate
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • 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.

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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Rising Health Concerns and Increasing Dietary Supplement Use to Drive Lipid Nanoparticles Market expand at a CAGR of 13.6% between 2023 and 2033 | FMI

It is projected that the global Lipid Nanoparticles Market size will be valued at US$ 887.2 million in 2023. The market is expected to expand at a CAGR of 13.6% between 2023 and 2033, reaching approximately US$ 3,175.5 million by 2033, due to rising health concerns about dietary supplements as a result of Covid-19 and increasing dietary supplement use.

The rapid increase in population in regions such as Asia Pacific, Europe, and North America is one of the major factors that is expected to contribute to the demand for products such as pharmaceutical & healthcare, dietary supplements, functional food, functional beverages, cosmetic & personal care, and more. The high content of omega 3 and omega 6 in lipids is the primary factor driving their significant use in food & beverage products.

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However, the market growth globally is hindered by rising global prices of fatty acids and other raw materials, which fluctuate due to the impact of the COVID-19 and the ongoing European geopolitical conflict. In addition, market players are focusing on R&D and coming up with new advancements in Lipid Nanoparticles technology, which is projected to create lucrative opportunities for the market in the near future.

Factors such as the increasing demand for medicines due to high incidence of cancer, chronic diseases, as well as growing focus on physical well-being are expected to propel the sales of pharmaceutical lipids over the analysis period. Pharmaceutical excipients aid lipids to achieve better functionalities, such as longer shelf-life, and boosts the efficacy in formulations. In addition, rising demand in emerging economies is pushing local drug production, which is augmenting the sales in the market.

Advancements in the compositions of lipid nanoparticles for in-vivo systemic delivery of mRNA are also creating lucrative avenues for market expansion. The key manufacturing companies in the lipid nanoparticles market are focusing on developing lipid nanoparticle (LNP) based drugs, in order to address certain medical challenges. In addition, they are focusing on collaborations with government organizations to establish new lipid production facilities.

The major players are investing heavily in product development activities, and their approach towards enhancing the business through product launch and acquisition is projected to fuel the growth of the global pharmaceutical lipids market in the forthcoming years.

Key Takeaways from the Market Study:

  • Global Lipid Nanoparticles Market was valued at US$ 781.0 Million by 2022-end
  • From 2018 to 2022, the market demand expanded at a CAGR of 6.2%
  • By Type, the Solid Lipid Nanoparticles segment of the market constitutes the bulk of the market with a market share of 45%
  • By End-User, the Pharmaceutical & Biotechnology segment dominates the market with a share of 43%
  • From 2023 to 2033, Lipid Nanoparticles sales are expected to flourish at a CAGR of 13.6%.
  • By 2033, the market value of Lipid Nanoparticles is expected to reach US$ 3,175.5 Million.

Leading manufacturers are focused on implementing technological advancements to reduce their drug development and manufacturing costs. This, in turn is expected to boost the growth of the Lipid Nanoparticles Market during the forecast period, remarks an FMI analyst.

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Competitive Landscape:

Prominent players in the Lipid Nanoparticles market:

  • Merck KGaA
  • Evonik Industries AG
  • Gattefosse
  • Precision NanoSystems
  • IOI Oleo GmbH
  • Genevant Sciences
  • Exelead
  • Avanti Polar Lipids
  • Nippon Fine Chemicals Co. Ltd.
  • Lipoid GmbH
  • Cargill, Incorporated
  • BASF SE
  • Archer Daniels Midland Company
  • Koninklijke DSM N.V.

Recent Developments:

  • In October 2022, Polypeptide Therapeutic Solutions (PTS), key player in the manufacturing and development of polyamino-acid based delivery systems expanded its drug delivery capabilities including novel nanoparticle formulation and functional lipid excipients.
  • In September 2022, National Institute of Allergy and Infectious Diseases awarded USD 13.8 million contract to the University of California for conducting immune profiling of lipid nanoparticles to study their role in increasing vaccine protective responses.

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Key Segments Covered in the Lipid Nanoparticles Industry Analysis:

Lipid Nanoparticles Market by Type:

  • Solid Lipid Nanoparticles (SLNs)
  • Nanostructured Lipid Carriers (NLCs)
  • Others

Lipid Nanoparticles Market by Application:

  • Therapeutics
  • Research

Lipid Nanoparticles Market by End-User:

  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutes
  • Others

Lipid Nanoparticles Market by Region:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube