Exploring Key Players and Growth Strategies in the Industrial Nailers Market

During the forecast period, the industrial nailers market is anticipated to expand its boundaries at a consistent CAGR of 7.8%. The market is projected to generate US$ 678.6 million in sales in 2023 and to reach US$ 1,432.6 million in value by 2033.

Through the projected period, the market for industrial nailers is anticipated to cross US$ 1.15 billion. Manufacturers and major players frequently concentrate on growing sales prospects in the market that will expand in terms of value and revenue, thereby opening a route for opportunities. Key market limitations may include fierce rivalry between participants and insufficient resource application.

The market environment is significantly shaped by product innovation and price competitiveness. In the near future, market growth is projected to be driven by the growing demands for urban lifestyles and commercial sectors. Because they have larger requirements, developing economies dominate the market, according to the FMI Analyst.

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Industrial Nailers Market – Key Highlights

  • Industrial Nailers market is likely to create an incremental opportunity of value surpassing US$ 1 billion by 2030.
  • The global market is expected to grow at a rapid pace, North America presenting lucrative opportunities of US$ 128.4 million in the upcoming years.
  • On the basis of end-use, automotive segment accounts for the maximum revenue share.
  • Coil nailers market accounts for 20% of the total industrial nailers market.

Industrial Nailers Market – Driving Factors

  • Due to rising population and their urban housing needs or the need in millwork, furniture market is expanding globally.
  • High demand in commercial construction industry, developing economies, infrastructure projects drives the market to a great extent.
  • Rapid industrialization, urbanization and well-established construction, heightened furniture sales is paving tracks for market expansion.
  • Owing to the advantages of it in car interiors like car frame or leather, manufacturers are depending more on it.

Industrial Nailers Market – Key Restraints

  • Rising rate of severe injuries can hamper the growth of nail gun market.
  • Incompatibility results in limited application of resources which hinders market growth.

Expected Impact on Market by Coronavirus Outbreak

Strict lockdown and social distancing is likely to reduce the production and demand for industrial nailers will remain sluggish due to reduced construction and minimum human contact. Key producers and players are likely to improve their strategies by working on product innovation for marking a better footprint in the market. Reduced demand for pneumatic, cordless and gas powered industrial nailers has affected the industry negatively.

Key Players

  • Stanley Black & Decker
  • Illinois Tool Work Inc.
  • Robert Bosch Power Tools GmbH
  • Kyocera Corp
  • Everwin Pneumatic Corp
  • Techtronic Industries Co. Ltd.
  • Apach Industrial Co. Ltd.
  • JAACO CORP
  • Raimund Beck KG
  • DEWALT
  • Aerosmith Fastening

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Industrial Nailers Industry Survey

Industrial Nailers Market by Category:

  • Pneumatic Industrial Nailers
  • Cordless Industrial Nailers
  • Gas-powered Industrial Nailers

Industrial Nailers Market by Product:

  • Brad & Pins
  • Coils
  • Roofing
  • Framing & Sheathing
  • Flooring
  • Sliding & Fencing
  • Others

Industrial Nailers Market by Operation:

  • Handheld Industrial Nailers
  • Automatic Industrial Nailers

Industrial Nailers Market by Nail Length:

  • Less than 20 mm
  • 20 to 40 mm
  • 40 to 60 mm
  • 60 to 80 mm
  • Above 80 mm

Industrial Nailers Market by Application:

  • Furniture
  • Millwork
  • Pallets & Crating
  • Leather Goods Manufacturing
  • Steel Skids
  • Construction & Framing
  • Automotive Interiors
  • Others

Industrial Nailers Market by Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Industrial Workwear Market is Anticipated to Reach at a US$ 30,758.3 Million by 2033 | FMI

The market for industrial workwear is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2033, from an estimated US$ 17,307.7 million in 2023 to US$ 30,758.3 million by 2033. About 2% to 4% of the industrial workwear market is found in its parent sector, the apparel industry.

As per the study, the apparel industry has gone through a rapid transition over the past decade. Manufacturers in the industrial workwear market are investing extensively on product-development to expand their customer base.

Availability of workwear with multi-purpose facilities such as sweat-proof fabric and fireproof materials will drive the demand in the market. Further, need for better-quality materials in heavy-duty tasks especially from oil & mining, manufacturing, automotive, construction and chemical industries is expected to boost the sales of safety work clothing.

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Additionally, manufacturers in the industry are focusing on increasing needs of safety enabled as well as fashionable workwear. Growing preference for fashionable workwear is encouraging the manufacturers to invest in research and development to develop trendy workwear.

For instance, Lenzing’s introduction of Tencel, a cellulose fibre designed for use in industrial laundry. A Tencel/polyester blend, according to Lenzing, is perfect for industrial laundering.

Key Takeaways from the Industrial Workwear Market Study:

  • In terms of product type, top wear industrial workwear are expected to have a considerable revenue share.
  • Based on end-use industry, the services sector is expected to dominate the industrial workwear market through 2022 & beyond.
  • Online distribution channel is anticipated to be most preferred among end users on the back of growing penetration of e-commerce channel.
  • India is expected to lead the growth in South Asia industrial workwear market over the assessment period
  • The U.S. is projected to vanguard the sales in North America industrial workwear market during the forecast period

“Growing preference for high-quality textile and fabric is one of the key factor stimulating the demand in industrial workwear market. Hence, key players are capitalizing on the existing trend and developing fashionable clothes to expand their customer base” says an FMI analyst.

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Who is winning?

Top industrial workwear product manufacturers’ strong promotional techniques, marketing, and new product debuts have fueled global sales growth. WATTANA GmbH, Carson GmbH, HB Protective Wear GmbH & Co. KG, SIMLOC, engelbert strauss GmbH & Co. KG, 3M Company,VF Corporation, Ansell Ltd., Aramark Corporation, Honeywell International Inc., Carhartt Inc., Alsico NV, and A. LAFONT SAS among others are among the major competitors in the industrial workwear market.

Global Industrial Workwear Market by Category

By Product Type:

  • Top Wear
  • Bottom Wear
  • Overalls

By End-use Industry:

  • Service
  • Food Services
  • Construction
  • Hospitality
  • Oil & Mining
  • Manufacturing
  • Automotive
  • Chemical
  • Other

By Consumer Orientation:

  • Men
  • Women
  • Unisex

By Distribution Channel:

  • Online
  • Offline
    • Direct
    • Wholesaler
    • Retailer

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.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Water Dispenser Market is Projected to Reach at a US$ 6,383.1 Million by 2033 | FMI

The water dispenser market size is expected to amount to US$2,723.1 million. Sales of water dispensers are anticipated to develop at a solid CAGR of 8.9% between 2023 and 2033. The demand for water dispensers is expected to garner a valuation of US$ 6,383.1 million by 2033.

Strong sources are needed to supply the growing demand for clean drinking water in many areas where there is a drinking water shortage, which boosts sales of water dispensers and the water dispenser market growth along with water dispenser market future trends.

The distribution of infrared sensors is rapidly gaining ground and driving the water dispenser market adoption trends as direct human contact between people declines. The water dispenser market has favored versions that are both practical and affordable in recent years, according to predictions. Ecommerce platform vendors are working hard to develop fresh strategies for increasing sales of water dispenser and meeting demand for water dispenser.

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The water dispensers market is restricted by two main factors, including frequent component replacement and escalating costs, particularly during the summer, in addition to experiencing unheard-of water dispenser market growth. Two factors are limiting the water dispenser market adoption trends.
The water dispenser market size expansion during the busiest summer months may be hindered by frequent product components and higher costs. These elements are anticipated to limit water dispenser market growth as well as water dispenser market trends.

KEY TAKEAWAYS:

• More than 70% of the water dispenser market was made up of bottled goods, and it is anticipated that water dispenser market trend and forecasts will continue.
• Through 2032, the bottleless product category of the water dispenser market is anticipated to grow at the fastest rate, 9.9%.
• The majority of the water dispenser market was dominated by the commercial application segment.
• The segment that will grow the fastest is predicted to be the industrial application.
• The commercial application segment’s hospitality sector is projected to grow at the highest CAGR, 9.9%.
• With a 42.60% water dispenser share, the retail store sector had the largest water dispenser share.
• Through 2032, Asia Pacific is anticipated to have the highest CAGR of 11.0% for the water dispenser size.
• India is anticipated to grow at a healthy CAGR in the water dispenser market.

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COMPETITIVE LANDSCAPE:

New market research report on water dispenser says that Whirlpool Corporation; Primo Water Corporation (formerly, Cott Corporation); Honeywell International Inc.; Culligan International Company; Clover Co. Ltd; Waterlogic Holdings Limited; Midea Group Co. Ltd; A.O. Smith Corporation; Edgar’s Water are among the legacy players vendors.
The research offers a comprehensive competition analysis of these top competitors in the water dispenser market, including water dispenser market growth, water dispenser market share, water dispenser market key trends and opportunities and important water dispenser market statistics.

Recent Development in the Water Dispenser:
Acquisition:
• Four reputable institutional investors — British Columbia Investment Management Corporation (BCI), Neuberger Berman, StepStone, and Skandia — have acquired a sizeable minority stake in Waterlogic Holdings Limited, the company announced in April 2020. With the help of the capital obtained from this acquisition, the business was able to expand more quickly and take the lead globally in the quickly expanding market for bottle-free workplace hydration.

Product Launch:
• Aquaverve announced in September 2020 that its touchless water cooler line would be available. The Oceanik Touchless Bottleless Cooler and the Pacifik Touchless Bottleless Cooler are two models of touchless water coolers that they created. The Pacifik model can be ordered both with and without a bottle.

Key Players:

  • Whirlpool Corporation
  • Primo Water Corporation (formerly, Cott Corporation)
  • Honeywell International Inc.
  • Culligan International Company
  • Clover Co. Ltd.
  • Waterlogic Holdings Limited
  • Midea Group Co. Ltd.
  • A.O. Smith Corporation
  • Edgar’s Water

Key Segments  

By Product Type:

  • Bottled
  • Bottle-less

By Application:

  • Residential
  • Commercial
  • Industrial

By End-Use:

  • Commercial
    • Hospitality
    • Transport Terminal
    • Institutions
    • Corporate Offices
    • Others
  • Industrial
    • Food & Beverages
    • Healthcare
    • Others

FRAGMENTED:

  • Culligan International Company
  • Clover Co. Ltd.
  • Waterlogic Holdings Limited
  • Midea Group Co. Ltd.
  • A.O. Smith Corporation
  • Edgar’s Water

CONSOLIDATED:

  • Whirlpool Corporation
  • Primo Water Corporation (formerly, Cott Corporation)
  • Honeywell International Inc.

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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Baby Strollers and Prams Market is Expected to Grow at a 5.9% CAGR by 2032 | FMI

The market for baby strollers and prams is predicted to reach US$ 8.31 billion in 2032, up from US$ 4.68 billion in 2022, indicating a 5.9% compound annual growth rate. 2021 saw a market valuation of US$ 4.42 billion. The growing demand from consumers for strollers with many uses is responsible for this increase in market value.

Because more parents are concerned about the safety and hygienic lifestyles they want for their toddlers and new-born babies, the global newborn and baby care business has been growing significantly in terms of value sales.

As a result, demand for various baby care products has increased globally, including diapers, baby shampoo, baby wipes, baby strollers, and prams. The demand for baby strollers and prams, which are regarded as among the most crucial baby care items, has been quite strong.

Baby strollers and prams are in high demand, thus producers have been planning to develop novel products that meet the diverse needs of their target clients. diapers, baby

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Global Baby strollers and prams Market: Reasons for covering this Title

Newborn babies in their initial phase of life, do not have control over their neck which requires gentle handling whenever they lie down or lifted. The baby strollers and prams play an important role in managing babies’ movement no matter they are lying or sitting positions.

Adapting to fast-paced, modernized lifestyle and the emergence of nuclear and single parent families has prompted consumers across the globe to actively seek convenient and safe products for their babies and infants.

Thus owing to above mentioned factors triggers the overall demand for global baby strollers and prams market.

Baby strollers and prams are one such products that facilitates such convenience and catering to the requirements of concerned parents. Moreover, there are government bodies that have taking steps with regards to babies’ safety. Regulatory bodies such as ASTM, CEN, and ACCC have enforced standards & regulations to ensure that baby strollers and prams protect babies from the known safety hazards that have caused accidents in the past.

Global Baby strollers and prams Market: Key Players

Some of the key players operating in the global Baby strollers and prams market are Dorel Industries Inc., Pigeon Corporation, Newell Brands Inc., Summer Infant Inc., Beingmate Group Co. Ltd., Artsana S.p.A., Kolcraft Enterprises Inc., Thule Group AB, Bugaboo International B.V., Phil & Ted Most Excellent Buggy Co. Ltd among others.

Baby strollers and prams Market: Key Trends

Major Baby strollers and prams manufacturers have been making several key acquisitions in the view of expanding its business in the global market.

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Baby strollers and prams Market: Key Developments

  • In 2016, Newell Brands Inc. another key player in global baby strollers and prams acquired the business of Jarden Corporation for US$ 16 billion.
  • In 2014, Dorel Industries Inc., one of the key players in global baby strollers and prams announced the acquisition of juvenile business of Hong Kong- based Lerado Group specializing in the designing and manufacturing of infant products especially baby strollers and prams.

Opportunities for Baby strollers and prams Market Participants

As of 2017, the global infant population accounted to 7.5 billion. With rise in population of infant especially in urban areas of both developed and developing regions indirectly suggest the opportunity for baby strollers and prams to gain traction accordingly.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Moreover, contributing about 27% of global population, millennial are becoming the most significant generational cohort in the world, particularly with respect to overall economic prospects and consumer spending growth. Among the millennial consumer base for baby strollers and prams, several are likely to be first-time parents and have never experienced the considerations, dilemmas and cautions while purchasing baby care products.

By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product type, age group, sales channel.

The study is a source of reliable data on

  • Baby strollers and prams market segments and sub-segments
  • Baby strollers and prams market trends and dynamics
  • Supply and demand
  • Baby strollers and prams market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Comprehensive Military Power Generator Market Research, Key Player Analysis, and 2033 Forecast

The global power generator for the military market is expected to reach US$ 1,127.1 million in 2023 and grow at a 3.6% CAGR thereafter. Total military power generator sales are expected to increase at a stable CAGR between 2023 and 2033, totaling US$ 1,605.3 million by 2033.

The market for military power generators is anticipated to reach US$ 1.13 billion in 2023 and grow at a 3.54% CAGR thereafter. Sales of all military power generators are anticipated to increase steadily between 2023 and 2033, reaching a value of US$ 1.61 billion by that year.

Uninterrupted and reliable sources of power supply are vital for successful military operations. Power generators have applications across diverse segments within the military industry. Against this backdrop, Future Market Insights (FMI) foresees lucrative prospects for power generator producers within the military market.

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Power generators are used for various tactical operations within military agencies. On account of the changing landscape, the inclination towards compact and lightweight designs is higher. These generators are touted as advanced equipment that offer robust output at low cost. Driven by the demand for improved fuel efficiency, sales of compact generators are expected to pick up in the coming years.

According to FMI, the demand for advanced and fuel-efficient generators will accelerate in the coming years. Increasing budget allocation towards strengthening the defense sector will subsequently aid the expansion of the market.

Some of the key takeaways from the report are:

  • Market players are likely to witness attractive growth opportunities as military agencies focus on establishing integrated power systems. This will invariably fuel the demand for generators
  • Hybrid generators are likely to comprise an exceptionally lucrative product category. Ensuring environment safety is high on the agenda of military agencies. They are keen on investing in fuel-efficient technologies that will also offer significant cost reduction
  • Backed by increasing military spending, North America is forecast to emerge as dominant market for power generators
  • While diesel will remain preferred fuel type, tightening environmental laws will boost growth prospects for natural gases as potential sources of fuel
  • Demand power generators will remain significantly high in field hospitals and field camps and accommodations

The COVID-19 Impact

The COVID-19 outbreak has sent shockwaves across the globe. Experts even presume it to be the worst crisis the world has witnessed in recent past. The crisis was unprecedented, resultantly it crippled the manufacturing sector of some of the major economic powerhouses.

By the time the global economy recovers from the jolt, manufacturing is expected to be among the worst-hit sectors. The incredible slump in investment and, subsequently revenue generated within the industry paints a gory picture.

The power sector too is no stranger to the crisis. It is reeling under payment delays and deficits. Government-owned distribution companies are particularly hampered. Nationwide lockdowns have posed unique and devastating challenges. The liquidity crunch is threatening several companies within the industry.

Who is winning?

Leading companies operating in the power generator market have an impressive global presence backed a strong distribution and sales network. Because the market is fairly consolidated, Tier 1 companies are expected to account for the lion’s share.

Market players will primarily focus on expanding their global footprint and product portfolio. Considering this, besides mergers and acquisitions, product launches will remain highly preferred strategic moves among competitors.

Key Players Profiled in the Market Include:

  • Cummins Inc.
  • Caterpillar Inc.
  • Rolls-Royce Holding plc
  • HIMOINSA
  • Harrington Generators International
  • Fischer Panda GmbH
  • Ascot Industrial S.r.l.
  • Kohler Co.
  • Kirloskar Oil Engines Ltd.
  • Ausonia S.r.l.
  • Green Power Systems S.r.l.
  • Kohler Co.
  • Kirloskar Oil Engines Ltd.
  • Ausonia S.r.l.

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Power Generator for Military Industry Segmentation

By Capacity:

  • Up to 60 KW
  • 61 to 250 KW
  • 251 to 500 KW
  • 501 to 1000 KW
  • Above 1000 KW

By Output:

  • Alternative Current (AC)
  • Direct Current (DC)

By Fuel:

  • Diesel
  • Gas
  • Propane
  • Natural Gas

By Installation:

  • Stationary
  • Mobile and Portable

By Application:

  • Communication Systems
  • Air Defense Systems
  • Field Hospitals
  • Field camps/Accommodation
  • Lightings
  • Military Vehicles
  • Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 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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Strapping Supplies Market Size to Reach US$ 7,692.7 Million by the year 2033: In Depth Analysis

The worldwide strapping supplies market is poised for significant growth, with market valuation projected to rise from approximately US$ 4,739.8 million in 2023 to an estimated US$ 7,692.7 million by the year 2033. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 5.2% over the forecast period spanning from 2023 to 2033. The increasing demand for strapping supplies across various industries is expected to be a key driver of this growth.

The demand for strapping supplies is set to maintain its robust presence, with the logistics and transportation sector anticipated to be a pivotal contributor. According to insights from Future Market Insights (FMI), the logistics and transportation segment is expected to claim a substantial share, accounting for approximately 31.7% of the global market in 2023. This data underscores the sector’s indispensable role and enduring significance within the broader strapping supplies market.

The strapping supplies market encompasses a range of products used in the packaging and bundling of goods for secure transport and storage. These supplies are designed to hold items together and prevent them from shifting or being damaged during transit.

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Drivers

  1. Global Trade and E-commerce: The growth of global trade and the e-commerce sector is driving the demand for strapping supplies to secure and protect goods during transit.
  2. Industrial and Manufacturing Growth: Expanding industrial and manufacturing activities create a consistent need for strapping supplies to bundle and secure raw materials and finished products.
  3. Transportation and Logistics: The logistics and transportation industry relies on strapping supplies to ensure the safe and efficient movement of goods, contributing to market growth.
  4. Sustainability: Increasing emphasis on sustainable packaging and materials is driving innovation in strapping supplies, including the development of eco-friendly options.
  5. Safety and Security: Strapping supplies play a crucial role in ensuring the safety and security of products during shipping, contributing to their demand.
  6. Infrastructure Development: Infrastructure projects, including construction and renovation, drive the need for strapping supplies for securing materials and equipment.
  7. Recycling Initiatives: The recyclability of certain strapping materials aligns with growing environmental concerns, promoting their use.
  8. Technology Advancements: Innovative strapping solutions with advanced features and automation are gaining traction, improving the efficiency of bundling operations.

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Key Players:

  • Signode
  • Greenbridge
  • SAMUEL SON & CO. LTD.
  • FROMM HOLDING AG
  • MAILLIS
  • Stra Pack Corp.
  • AUTOSTRAP INDIA
  • Scientex Berhad
  • MESSERSI PACKAGING S.R.L.
  • TEUFELBERGER
  • USA Strapping
  • CYKLOP
  • CAROLINA STRAPPING AND BUCKLES
  • POLIVEKTRIS
  • MOSCA

Rapid Infrastructural and Industrial Development to Drive Strapping Supplies Market

The construction industry is witnessing a rapid rise, as per FMI. According to Global Construction Perspectives and Oxford Economics global construction market is expected to grow by 85% to US$ 15.5 Tn by 2030 with three countries namely, the U.S., India and China accounting for 57% of all global growth.

With expanding industrialization and commercialization in emerging parts of the world, the logistics and transportation requirements to support the shipping of goods have increased dramatically. Thus, the rising need for strapping materials in order to facilitate the movement of raw materials and goods to the construction sites is expected to fuel the growth of the strapping supplies market.

Segmentation:

By Product Type

  • Bands & Seals
  • Bracket & Buckles
  • Edge Protectors
  • Tools & Carts
  • Cables
  • Twist & Ties

By Material

  • Plastic
    • PET
    • PP
    • PS
    • Others
  • Paper
  • Glass Fibers
  • Fabric
  • Metal

By End Use

  • Food & Beverage
    • Bottles
    • Cans
    • Boxes
  • Building & Constructions
    • Steel
    • Pipes
    • Timber
  • Logistics & Transportation
    • Pallets
    • Containers
  • Consumer Goods
    • Electronic Appliances
    • Furniture
  • Pharmaceuticals
  • Agriculture

By Region

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Central Asia
  • Russia & Belarus
  • Balkan & Baltic Countries
  • Middle East & Africa

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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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Exploring the US$ 490 Million Descaler Market with a 3.1% CAGR by 2032 | FMI

The global descaler market is expected to reach US$ 360.11 Million in 2022 and is anticipated to grow at US$ 490 Million by 2032, at 3.1% CAGR by 2032. descaler consists of several chemical substances that have the ability to remove limescale on water carrier products. Water carrier products are being considered as one of the essential products that are being used in day-to-day life.

Products such as water kettles, water bottles, water taps, hot water dispensers, washing machines are being used in large scale in both households as well as commercial level. However, these products encounter with various negative effect due to its exposure to various potentially harmful substances. Limescale is one harmful negative side effect incurring in these kinds of water carrier products. Limescale is a chalky off-white crust that remains behind kettles or boilers.

Limescale is an essentially harmful substance that acclimates on surfaces causing malfunctioning of the water carrier products altogether. As a result, these kinds of water products requires time-to-time maintenance which eventually triggers demand for products such as descalers.

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Global Descaler Market: Key Players

  • Miele
  • Keurig
  • Urnex
  • OXO
  • Nespresso
  • Kao
  • S.C Johnson & Son
  • Lion
  • Blue Moon
  • PureWater Filters
  • Saeco
  • Nafine
  • Brodys
  • Prochem

Descaler Market: Key Trends

Major Descaler manufacturers have been strategizing on promoting its products and services by attending several key exhibitions and meets

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Descaler Market: Key Developments

  • Haygain Ltd., one of the key players in global Descaler has been attending several key exhibitions in the view of promoting its products and services to its target segments.
  • Coventry Group another key player in global Glass & Metal has been stressing on several key promotional activities by attending several regional meets and exhibitions

Opportunities for Descaler Market Participants

Coffee machines have been installed in large scale in various commercial sectors such as malls, offices. It becomes so very important to maintain the working quality of machinery and other equipment both inside and outside of the machine. These kinds of machine tend to accumulate limescale which hampers the overall quality and taste of the coffee. This one critical factor provides a critical opportunity for global descaler market to gain traction in commercial sectors.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, application, and format, end-use, packaging & sales channel.

The study is a source of reliable data on:

  • Descaler Market segments and sub-segments
  • Descaler Market trends and dynamics
  • Supply and demand
  • Descaler Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

Global Descaler: Market Segmentation

On the basis of application, the global Descaler market has been segmented as –

  • Home appliances
  • Coffee machines
  • Water tanks
  • Others

On the basis of format, the global Descaler market has been segmented as –

  • Powder
  • Liquid
  • Gel

On the basis of end use, the global Descaler market has been segmented as –

  • Household
  • Commercial

On the basis of packaging, the global Descaler market has been segmented as –

  • Bottles
  • Tubes
  • Pump

On the basis of the sales channel, the global Descaler market has been segmented as –

  • Wholesaler/Distributors
  • Hypermarket/Supermarket
  • Specialty Store
  • Online Store
  • Club Store

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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USA & Canada Portable Air Conditioner Market Projected to Reach US$ 319.7 Million with a 3.3% CAGR by 2032 | FMI

The U.S. & Canada portable air conditioner market size is expected to top nearly US$ 231.2 Million in 2022 and is projected to reach US$ 319.7 Million by 2032 at a CAGR of 3.3% from 2017 to 2021.

Furthermore, consumers are increasingly adopting e-commerce sites to purchase electronic items including portable air conditioners, as they have the ability to offer a wide range of products with special discounts and prices.

In addition, e-commerce websites also help customize the products as per the specific requirements of the customer, even if the product is not available in the market in a particular country. Leading e-commerce sites including, Walmart, Alibaba and Amazon, are offering an extensive range of products from around the world.

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Brand owners of portable air conditioners have optimized their sales channels through omni-channel retailing. Using this approach, the desired product is available to the consumer across all available channels, whether online or offline. Thus, portable air conditioners are readily available for the consumer to purchase. Many global leaders in the portable air conditioners market have adopted this approach. This way, the company reaches its customers not only in urban areas but also in rural areas, thus increasing the probability of high sales.

Factors such as easy product accessibility, convenience and ease of shopping irrespective of geographic presence help promote the online channel to purchase products like portable air conditioners which has acted as one of major driving force impacting the market.

Key Takeaways from the U.S. & Canada Portable Air Conditioner Market Study

  • The market in US is projected to witness rapid growth and register a CAGR of 3.6% over the forecast period, owing to the rapidly growing population, along with an increase in the number of retail outlets in the country.

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  • As per the analysis, 5000-10,000 BTU’s segment is expected to hold a noteworthy share of 38.7% in 2021. Because it is used for small and medium-sized rooms, it an economical choice for most people.
  • The residential segment is expected to hold a major share of the market. Improved standard of living and rise in the adoption of smart home appliances is anticipated to favour the segmental growth.
  • Companies are focusing on manufacturing products that offer special features, including smart controls by Wi-Fi.

The players operating in the global U.S. & Canada portable air conditioners industry 

  • The Whirlpool Corporation
  • Midea Group
  • LG Electronics
  • Black+Decker Inc.
  • WHYNTER LLC
  • Frigidaire Company
  • Samsung Electronics
  • Haier Group Corporation
  • Electrolux AB
  • General Electric Company
  • Honeywell International Inc.
  • Blue Star Limited
  • SereneLife Home, LLC
  • Havells India Ltd. (Lloyd)
  • AMACOOL
  • Other Players (As Per Request)

U.S. & Canada Portable Air Conditioner Market by Category

By Product Type, U.S. & Canada Portable Air Conditioner Market is segmented as:

  • Standard Portable Air Conditioner
  • Smart Portable Air Conditioner

By Capacity, U.S. & Canada Portable Air Conditioner Market is segmented as:

  • 5,000-10,000 BTUs
  • 11,000-15,000 BTUs
  • 16,000-20,000 BTUs
  • 20,000 and Above BTUs

By Price Range, U.S. & Canada Portable Air Conditioner Market is segmented as:

  • Below US$ 100
  • US$ 100-200
  • US$ 200-700
  • US$ 700 and Above

By End User, U.S. & Canada Portable Air Conditioner Market is segmented as:

  • Commercial
  • Residential

By Sales Channel, U.S. & Canada Portable Air Conditioner Market is segmented as:

  • Wholesalers/Distributors
  • Hypermarkets/Supermarkets
  • Multi-Brand Stores
  • Specialty Stores
  • Independent Small Stores
  • Online Retailers
  • Other Sales Channels

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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Submersible Pump Market Anticipates 5.2% CAGR, Surpassing US$ 19.39 Billion by 2033, as per Future Market Insights, Inc

Increasing from US$ 11.68 billion in 2023, FMI predicts that the global submersible pump market could reach US$ 19.39 billion by 2033. Between 2023 and 2033, submersible pump sales are expected to register a 5.2% CAGR.

The key drivers of the expansion of the submersible pump market worldwide are the population boom of the globe and the rise in residential housing. Growing water constraints impact the water system installation, which in turn fuels market expansion.

The market is being driven by factors like increased infrastructure investment and quick industrialization. Submersible pumps are becoming more widely used as manufacturers search for dependable and affordable fluid lifting choices in all production settings.

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In the upcoming years, it is projected that businesses may benefit greatly from the development of strong goods that can lift big amounts of fluid. Given the growing need for electricity throughout the world, pumps have become an essential component of power plants.

Deepwater exploration activity expansion and an increase in subsea operations are two variables that are anticipated to provide this industry with a wealth of growth prospects. The improvement of drinking water infrastructure in both urban and rural areas is a top priority for many governments in growing countries. Due to this, there has been an increase in the exploration of water resources, which is anticipated to increase demand for submersible pumps with increased capacity and efficiency for home and agricultural usage.

As maximum places on earth still don’t have access to the fundamental convenience of flowing water, desalinization programs are also anticipated to aid in the usage of submersible pumps. Consequently, throughout the forecast period, these factors are anticipated to fuel the expansion of the global submersible pump market.

Distributors sell the bulk of small and medium-sized submersible pumps. End users or consumers are more likely to choose distributors of submersible pumps that offer engineering expertise, after-sales services, and end-to-end solutions to satisfy their unique needs. Maximum global players use the strategy of growing tie-ups with local and regional distributors to build local networks.

Submersible pump demand is still widely influenced by rising energy costs. Solar-powered submersible pumps are being adopted by more and more sectors because they provide considerable operational cost advantages. Pump motors make up about 15% of the total energy used by submersible pumps globally.

The development of comparatively small and effective submersible pumps is made possible by micro disc pumping technology. Compact and energy-efficient pumps are anticipated to have substantial growth in demand in the coming years as a result of the growing trend toward size reduction.

China and India are the two countries that contribute significantly to the Asia Pacific region, which holds the maximum market share for submersible pumps worldwide. These nations are experiencing a surge in industrial activity, which is driving up demand for products like chemicals and crude oil, among other things. The capacity for processing crude oil in the Asia Pacific region is anticipated to increase significantly thanks to China. By 2025, the nation is anticipated to contribute significantly to the region’s overall refining growth capacity. This is likely to increase the need for submersible pumps in the region.

Key Takeaways From the market study:

  • The market in the United States has grown significantly in 2022 holding a 13.8% share of the global market.
  • The market in China is expected to record a CAGR of 5.3% over the forecast period.
  • The market in the United Kingdom is anticipated to thrive at a CAGR of 4.6% through 2033.
  • With a CAGR of 6.7% over the forecast period, India is predicted to grow rapidly in the market.
  • Germany accounted for 4.7% of the global market in 2022.

Competitive Landscape

The top manufacturers of the submersible pump market are Wacker Neuson Group, KSB SE & Co. KGaA, Xylem Inc., Ebara Corporation, Grundfos, Sulzer AG, Shimge Pump Industry Group Co., Ltd., The Weir Group PLC, Tsurumi Manufacturing Co., Ltd., Kirloskar Brothers Ltd., Flowserve Corporation, WILO SE, PSG (Dover Corporation), Gorman-Rupp Company, Ruhrpumpen Group, Shakti Pumps (India) Ltd., Speak Pumpen Walter Speck GmbH & Co. KG, Zhejiang DOYIN Technology Co. Ltd, Pleuger Industries, and others.

Product innovation as well as opportunistic mergers and acquisitions have transformed the competitive environment of the submersible pump market. Leading companies prioritize capacity enhancements and a global footprint to take advantage of lucrative prospects in growing markets.

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Recent Developments

The NEO Series 4-in of borewell submersible pumps was introduced by Kirloskar Brothers Limited (KBL) in September 2021. These pumps are intended for rural, home, and community water supply sectors, including the agricultural, building, and construction industries.

A wide selection of premium electric submersible pumps that were created especially for sludge, drainage, and slurry pumping applications was released by Atlas Copco in January 2019. The pumps aid in reducing overheating, abrupt power loss, human inaccuracies, and product failure.

Submersible Pumps Market by Category

By Product Type:

  • Non-clog Submersible
  • Open Well Submersible
  • Bore Well Submersible

By Head Type:

  • Below 50 m
  • 50 m- 100 m
  • Above 100 m

By Application:

  • Agriculture
  • Industrial
    • Oil & Gas
    • Firefighting
    • Mining
    • Construction
    • Other Industrial
  • Municipal
    • Water Supply & Distribution
    • Wastewater Management

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • The 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 is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 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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Investigating Agricultural Equipment Market Dynamics and Growth Projections for 2033

Future Market Insights (FMI), an ESOMAR-certified consulting firm, projects that the global agricultural equipment market will grow at a CAGR of 4.2% between 2023 and 2033, reaching a market volume of about US$ 171.4 Million by the end of that year.

Approximately 58% of India’s population relies mostly on agriculture for their livelihood. The Indian government has introduced a number of programmes to handle the growing food demand and encourage the use of modern farm equipment. Rastriya Krishi Vikas Yojana (RKVY), for instance, was established to offer 100% subsidy. The programme was designed to aid in the development of the agricultural industry.

ESOMAR-certified consulting firm Future Market Insights (FMI) in its latest report forecasts that the global agricultural equipment market will register a CAGR of 4.2% between 2023 and 2033, reaching a market volume of around US$ 171.4 Million by 2033 end.

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Agriculture is the primary source of livelihood for about 58% of India’s population. In order to address the rising food demand and promote use of advanced farm machinery, government of India has introduced various schemes. For instance, Rastriya Krishi Vikas Yojana (RKVY) was introduced to provide 100% subsidy. The scheme was aimed to assist the advancement of the farming sector.

The agriculture industry is under constant pressure to address the food security issue. Farmers across the world are employing various equipment to increase food production. These machines minimize the manual labor and reduce turnaround time.

Growing popularity of precision farming is augmenting the demand for modern agricultural equipment. With the integration of artificial intelligence (AI) and internet of things (IoT), the sales of agriculture equipment are soaring. Smart farming is gaining traction. Introduction of electric agricultural equipment has completely changed the market scenario. These equipment does not only minimize the emissions but also reduce costs and improve efficiency.

New trends of agricultural robotics and driverless machines are attracting large number of farmers to upgrade their equipment systems. As per FMI, the agricultural equipment market will surpass a valuation of US 65 Billion by 2021 end.

Key Takeaways from FMI’s Agricultural Equipment Market Study

  • Europe dominates the ground support equipment market as a result of increasing agricultural mechanization and presence of leading manufacturers. The market in the region is set to register steady growth at 4.8% CAGR between 2022 and 2032.
  • The U.S. is expected to register a strong CAGR during the forecast period as a result of rapid technological advancements and availability of equipment leasing.
  • With implementation of favorable governmental policies, China is anticipated to emerge as the leading market for agricultural equipment.
  • Top 5 players operating in agricultural equipment market collectively account for 44% market share.
  • By product type, tractors dominate the agricultural equipment market with their multipurpose nature.

Competitive Landscape

Key players operating in agricultural equipment market are investing heavily on research and development activities. They are adopting various organic and inorganic growth strategies such as mergers and acquisitions, advanced product development and collaborations to gain a competitive edge in the market. For instance.

In August 2021, Precision Planting, LLC a subsidiary of AGCO Corporation announced an agreement to acquire the business and assets of Headsight, Inc., a leading precision agriculture harvesting solution company. The acquisition will help the company to offer farmers a range of industry-leading precision ag technologies across the crop cycle that will help them to maximize their value and output while minimizing inputs and impact.

In 2021, XAG Co., Ltd. Launched XAG R150, a jet sprayer system to pollinate fruit trees. A specially mixed solution of pollen is poured into the R150’s liquid tank before it is sent on a predetermined route around an orchard to spray pollen.

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Key Segments Covered in the Agricultural Equipment Industry Analysis

Agricultural Equipment Market by Product Type:

  • Tractors
  • Rotavators
    • Wheel Type
    • Crawler Type
  • Threshers & Dehuskers
    • Wheel Type
    • Crawler Type
  • Power Tillers
    • Wheel Type
    • Crawler Type
  • Power Weeder
    • Wheel Type
    • Crawler Type
  • Plough
  • Baler
  • Seed Drill

Agricultural Equipment Market by Category:

  • Tractor Pulled / Attachment
  • Self-Propelled

Agricultural Equipment Market by Ownership:

  • Individual
  • Rental

Agricultural Equipment Market 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 is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 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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