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Human Immunodeficiency Virus Type 1 (HIV 1) Market to surpass US$ 34.83 Billion in 2023; growing at a CAGR of 6% until 2033 | FMI Report

The global Human Immunodeficiency Virus Type 1 (HIV 1) Market is predicted to exceed a remarkable valuation of US$ 34.83 Billion in 2023, with a compound annual rate of growth (CAGR) of 6% estimated from 2023 to 2033. The Institute for Health Metrics and Evaluation attributes the industry’s growth to the soaring incidence rate of HIV-1 infection, which, unlike the deaths caused from this viral illness, has not updated substantially over time.

It affected approximately 37 million people worldwide. Furthermore, antiretroviral therapeutic interventions for disease management are only available to half of this population. HIV-1 is the more common of the two types of human immunodeficiency virus, accounting for approximately 96% of all infections globally. The prevalence of HIV is rising at an alarming rate.

The World Health Organization (WHO) estimates that 33.0 million individuals are infected with HIV. This has heightened public awareness, which is directing to an increase in testing procedures. This will cause an increase in demand for HIV medicines with greater efficacy for treatment and care over the projected period.

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Because of the large percentage of HIV patients in highly populous countries such as China and India, the Asia Pacific market is expected to become the fastest-growing market with the highest CAGR over the coming years. Furthermore, the massive amount of therapeutic interventions, as well as monetary support from corporate companies and medical companies, are anticipated to propel the industry forward.

Key Takeaways from Market Study

North America led the market in 2022, with a sales volume of US$ 21 Billion.
According to a study conducted by the Centers for Disease Control (CDC) in 2021, an estimated 1.2 million people had HIV at the end of 2018.
Based on the World Health Organization (WHO), approximately 33.0 million people were infected with HIV by 2021.
Women and girls comprised 54% of all HIV-positive people, according to the WHO.
From 2018 to 2022, sales increased significantly at a CAGR of 1.6%.

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Market Competition

In July 2021 – Unitaid and the Clinton Health Access Initiative, Inc. (CHAI) announced a pricing agreement with the medical company Hetero Labs LTD to make darunavir plus ritonavir (DRV/r) available as a second-line treatment for HIV patients in low and middle-income countries for US$ 210 per patient/year.
In March 2021, Gilead Sciences Inc and Merck announced a collaboration agreement to co-develop and co-commercialize long-term HIV treatment. The investigational capsid inhibitor lenacapavir from Gilead and the investigational nucleoside reverse transcriptase translocation inhibitor islatravir from Merck will be paired to form a two-drug HIV regimen.
On January 20, 2021 – HIV ViiV Healthcare evolved Cabenuva, an injectable drug approved by the US Food and Drug Administration for the treatment of human immunodeficiency virus type 1 (HIV) infections in adults.

Key Companies Profiled:

AbbVie Inc.
Boehringer Ingelheim GmbH
Bristol-Myers Squibb Company
Cipla Inc.
Genentech Inc.
Gilead Sciences, Inc.
Merck & Co. Inc.
ViiV Healthcare
GlaxoSmithKline
Sanofi

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Key Segments Profiled in the Human Immunodeficiency Virus Type 1 (HIV 1) Market Industry Survey

Human Immunodeficiency Virus Type 1 (HIV 1) Market by Drug Class:

Nucleoside-Analog Reverse Transcriptase Inhibitor
Non-Nucleoside Reverse Transcriptase Inhibitor
Entry and Fusion Inhibitors
Protease Inhibitors
Integrase Inhibitors
Coreceptor Antagonists

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Biopsy Guidance System Market is projected to increase at a CAGR of around 5.8% through 2032 | FMI

The global Biopsy Guidance System Market is anticipated to create an opulent growth outlook of the market over the assessment period by registering a CAGR of 5.8% from 2022 to 2032. The global market was valued at US$ 1.1 Billion in 2021 and is expected to surpass a valuation of US$ 2 Billion by 2032.

The market for Stereotactic Guided Biopsy is expected to be the highest revenue-generating segment expected to grow at a CAGR of 6.1% from 2022 to 2032. According to the historical analysis conducted by Future Market Insights, a market research and competitive intelligence provider, the global biopsy guidance system market registered a CAGR of 5.1% from 2017 to 2021.

Due to the rising prevalence of cancer, the surge in the geriatric population, increasing demand for non-invasive procedures, technological innovations, and government initiatives are the key drivers for the market.

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A biopsy is one of the most common procedures for diagnosing cancer and other chronic diseases, and it is used to diagnose breast, brain, skin, and prostate cancers. Furthermore, the demand for non-invasive procedures is skyrocketing owing to the boost in demand for biopsy guidance systems, resulting in a surge in the need for biopsy guidance systems. Patients recover faster and are less traumatized as a result of these procedures.

A significant surge has been witnessed in the incidences of cancer which is one of the primary factors driving the market expansion. Because the biopsy guidance system is one of the most important requirements for the initial diagnosis of cancer, the market is expected to grow at a rapid pace over the forecast period. In addition to that, a substantial increase in the incidence of cancer, more advanced technology, safer, and more effective biopsies are being developed, which is driving the biopsy market. Non-invasive procedures are becoming more popular, which is fueling market growth in that area.

Report Highlights

With the substantial increase in the incidence of cancer along with rising technological advancements, safer and more effective biopsies are rapidly being developed, which is driving the biopsy market globally. Non-invasive procedures are becoming more popular, which is fueling market growth in that area.

Patients attributed to the high costs and painful side effects associated with this treatment have resulted in undiagnosed or inadequate diseases later in life, often avoiding invasive biopsies. These symptoms consequently increase mortality rates and lead to greater expenses and difficulties in treatment.

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Recent Developments

When the tumor is located deep inside the body, image-guided biopsies are employed. The Biopsy guidance systems are known as both cost-effective and simple to operate. They can provide superb real-time details that cause the procedure to be less uncomfortable and more efficient for the patient. Furthermore, these guided biopsies can enable to rapid inspect numerous lesions in the axillary and sub-areolar areas.

The robotic biopsies segment is on the rise due to its less invasive nature. A rising number of product launches, combined with quick FDA approval, are also contributing to the segment’s growth.

Increased awareness of biopsy guidance systems along with surging healthcare infrastructure development, impressive reimbursement policies, increased investment in healthcare research and development, and an upsurge in the number of hospitals and diagnostic centers are expected to drive demand for biopsy guidance systems during the assessment period.

Competitive Landscape

With several local firms vying against multinational competitors, the market is significantly fragmented. To stay competitive in the industry, major businesses are focusing more on research and development of new products.

The prominent players in the Biopsy Guidance System Market are Becton, Dickinson, and Company, Hologic, Inc., Devicor Medical Products, Inc., B. Braun Melsungen AG, and ARGON MEDICAL. Major market players use a variety of methods to preserve their dominance, including high Research and Development activity, global expansion strategies, broad product offers, and frequent introduction of advanced versions of existing items.

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Market Segments Covered in Biopsy Guidance System Market Analysis

By Product Type:

Stereotactic Guided Biopsy
Ultrasound Guided Biopsy
MRI Guided Biopsy

By Application:

Brain Biopsy
Breast Biopsy
Other Applications

By End-User:

Hospitals
Specialty Clinics
Diagnostic Centres
Research and Academic Institutes

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Chronic Granulomatous Disease (CGD) Management Market is expected to reach US$ 2.11 Billion by 2033 | FMI Study

During the forecast period 2023-2033, the Chronic Granulomatous Disease (CGD) Management Market is expected to grow at a value of 4.9% CAGR, according to Future Market Insights. By the year 2033, the global market for Chronic Granulomatous disease (CGD) management is expected to rise up to a market valuation of US$ 2.11 Billion.

It is anticipated that the market will experience growth owing to various reasons such as the growing incidence of uncommon diseases, greater healthcare expenditure in developed countries, and heightened research and development endeavors.

The market growth for chronic granulomatous disease treatment is also expected to be spurred by shifts in lifestyle and dietary changes within the forecast period. Moreover, consistent efforts in research and development by key companies to innovate medication for the treatment of CBD is expected to boot the overall market growth.

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Furthermore, North America and Europe are two major regions contributing to the growth of the CGD management market. This is owing to the developed healthcare infrastructure and presence of key players in the region. Furthermore, the progression of technology and increased government funding for the healthcare industry are expected to provide ample opportunities for the expansion of the market for treatment of chronic granulomatous disease in the foreseeable future

Key Takeaways from the Market Study

By type, Trimethoprim is expected to possess 40% market share for CGD market in 2023.
By end user, Hospitals are expected to hold 40% of the market share in 2023 for Chronic Granulomatous disease (CGD) management market.
North America is expected to possess 45% market share for Chronic Granulomatous disease (CGD) management market in 2023.
Europe Chronic Granulomatous disease (CGD) management market size is expected to possess 35% market share in 2023.

“Increase in research activities along with prevalence of rare diseases is a key driver for the CGD management market.” states an FMI analyst

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Competitive Landscape

In July 2018, Clinigen Group plc acquired the global rights to Imukin from Horizon Pharma. The company is focusing on reduce the frequency of serious infections in patients with Chronic Granulomatous Disease (CGD)
In January 2020, Orchard Therapeutics Announces FDA Granted Orphan Drug Designation for OTL-102 for the Treatment of X-linked Chronic Granulomatous Disease (X-CGD)

Key Companies Profiled:

Clinigen Group plc
Orchard Therapeutics plc2032
Horizon Therapeutics plc
ViroMed. Co. Ltd
Bellicum Pharmaceuticals, Inc
Pfizer Inc
Hoffmann-La Roche Ltd
Novartis AG
Lonza
GlaxoSmithKline plc
Eli Lilly and Company
Johnson & Johnson Services, Inc
Merck KGaA

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Key Segments Profiled in the Chronic Granulomatous Disease (CGD) Management Industry Survey

Type:

X-Linked Chronic Granulomatous Disease
Autosomal Recessive Chronic Granulomatous Disease

Diagnosis:

Neutrophil Function Tests
Genetic Testing
Prenatal Testing

Treatment:

Infection Management
Trimethoprim
Sulfamethoxazole
Itraconazole
Interferon-gamma
Stem Cell Transplantation
Others

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Acrocallosal Syndrome Therapeutics Market is expected to grow at a 10.8% CAGR through 2033 | FMI

The global Acrocallosal Syndrome Therapeutics Market is currently valued at US$ 147.9 million in 2023, with a CAGR of 10.8% expected. Because of technological advancements in healthcare, the market is expected to reach US$ 412.4 million by 2033.

An increase in the number of patients seeking treatment, as well as rising demand for improved healthcare infrastructure and promising pipeline drugs, as well as new product launches, are expected to drive growth in the acrocallosal syndrome therapeutics Market during the forecast period.

Another important factor for the growth of the market is growth focus on fast-track approvals for new and upcoming therapies to treat such disorders. Furthermore, recent technological advancements in the field of neurology and neuro-biology has also fueled the development of the global acrocallosal syndrome therapeutics market. Also, increasing awareness about early diagnosis of these disorders might help the market growth in coming years.

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North America dominates the acrocallosal syndrome therapeutics market due to the presence of key market players’ presence, along with recent product launches and established healthcare infrastructure, which will accelerate the market’s growth in the region. The significant R&D investments in Europe abode well for market growth.

The manufacturers are involved in the production of acrocallosal syndrome therapeutics in a larger capacity. Research and innovation are also conducted to launch innovative products for acrocallosal syndrome therapeutics.

Key Takeaways from the Market Study

As of 2023, the acrocallosal syndrome therapeutics market was valued at US$ 147.9 Million
From 2023 to 2033, the acrocallosal syndrome therapeutics industry is poised to grow at an 10.8% CAGR
By 2033, the acrocallosal syndrome therapeutics market is slated to reach a valuation of US$ 412.4 Million
Based on the route of administration injectable segment accounts for a market share of 36.4% during the forecast period.
China is poised to yield a CAGR of 10.1% with respect to acrocallosal syndrome therapeutics in 2033

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“Growing healthcare spending and growing focus on fast-track approvals for new and upcoming therapies to treat such disorders are expected to radically transform the acrocallosal syndrome therapeutics market in the coming years,” comments an analyst at FMI.

Competitive Landscape

Arena Pharmaceuticals
Artery Therapeutics
Athera Biotechnologies
Bayer AG
Cardiome Pharma Corp.
Cerenis Therapeutics Holding SA
Esperion Therapeutics
GlaxoSmithKline Plc
Lee’s Pharma Corp.
Pfizer Inc.
Teva Pharmaceutical Industries Ltd.
Vitae Pharmaceuticals, Inc.

Also, some of the key players are acquiring small pharmaceutical companies to increase their production capacity. Suppliers are focusing on expanding their market presence across the world by initiating new product launches and boosting sales.

In August 2022, Esperion announced that bempedoic acid (NEXLETOL®) is now recommended as an important oral non-statin therapy for LDL-cholesterol (LDL-C) lowering in the management of atherosclerotic cardiovascular disease (ASCVD) by the American College of Cardiology (ACC) task force on expert consensus decision pathways (ECDP).

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In October 2022, GlaxoSmithKline plc and Tempus entered into a three-year collaboration agreement that provides GSK with access to Tempus’ AI-enabled platform, including its library of de-identified patient data. Through its leading Artificial Intelligence and Machine Learning (AI/ML) capability, GlaxoSmithKline will work together with Tempus to improve clinical trial design, speed up enrolment and identify drug targets. This will contribute to GlaxoSmithKline’s R&D success rate and provide patients with more personalised treatment faster.

Key Segments Covered in the Acrocallosal Syndrome Therapeutics Market Industry Survey

Acrocallosal Syndrome Therapeutics Market by Type:

Losmapimod
Praluent
Evolocumab

Acrocallosal Syndrome Therapeutics Market by Syndromes:

ST Elevation Myocardial Infarction,
non-ST Elevation Myocardial Infarction,
Unstable Angina

Acrocallosal Syndrome Therapeutics Market by Route of Administration:

Injectable
Oral

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Klinefelter Syndrome Therapeutics Market in the Asia Pacific is expected to surge at a 5.1% CAGR until 2033 | FMI Study

The global Klinefelter Syndrome Therapeutics Market is expected to surge at a CAGR of 5% from 2023 to 2033, expected to reach a valuation of US$ 1.85 Billion, up from US$ 1.14 Billion in 2023, concludes a recently published Future Market Insights report.

Because the disease is difficult to diagnose due to unidentifiable symptoms and indicators, the government, in collaboration with various healthcare organizations such as the FDA and the NIH, is raising awareness about it.

Incentives for all types of health check-ups are also likely to contribute to market growth in the coming years. Men’s fertility disorders have increased dramatically in recent years, which will primarily stimulate the market. Clinical symptoms will appear in men of all ages. This disease is most common in newborn males. Klinefelter syndrome affects one out of every 500 to 1,000 newborn males, based on the National Institute of Health (NIH).

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Europe is expected to be the second-fastest-growing region in the industry. The rising prevalence of the disease has enhanced research financing, and health organizations such as the National Institutes of Health (NIH) are focusing on raising awareness about the syndrome, which is cruising market growth. North America is expected to dominate the market due to the region’s large number of testosterone drugmakers, as well as increased awareness among the region’s population. In addition, a large number of treatment centers for this ailment will increase market share over the forecast period.

Key Takeaways from the Market Study

From 2018-2022, a CAGR of 4% was registered for the Klinefelter syndrome therapeutics market
By therapeutics, testosterone replacement therapy to experience maximum uptake, growing at a 3.1% CAGR
Hospital pharmacies to remain primary POC for availing Klinefelter syndrome therapeutics drugs, growing at a 4.6% CAGR
North America to emerge as the kingpin, registering a market share worth 38%
Europe to be the 2^nd largest market, expected to accumulate a 34% revenue share
Asia Pacific to show significant growth, registering a CAGR of 5.1% until 2033

“With rising instances of male infertility, the need for seeking therapy and diagnostics to detect the presence of Klinefelter syndrome is increasing at a fast pace. Treatment providers are therefore endowed with an opportunity to introduce more robust approaches, generating many opportunities,” remarks an FMI analyst.

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Key Market Players

Key players in the Klinefeltr Syndrome Therapeutics market are Hoffmann-La Roche Ltd., Takeda Pharmaceutical Company Limited, Kyowa Kirin Co., Ltd, Pfizer Inc, AstraZeneca, AbbVie, Inc, Bausch Health Companies Inc, Bristol Myers Squibb Company, GSK Plc, Novartis AG, Viatris.

Takeda Pharmaceutical Company Limited and Seagen Inc. announced that data from the Phase 3 ECHELON-1 clinical trial of an ADCETRIS® (brentuximab vedotin) plus chemotherapy combination would be conveyed verbally at the 59th Annual Meeting of the American Society of Clinical Oncology (ASCO).
In 2021, Pfizer Inc. launched Testosterone Cypionate Injection as a replacement therapy for males suffering from exogenously low testosterone or absence.

Key Segments Profiled in the Klinefelter Syndrome Therapeutics Industry Report

By Therapeutics:

Testosterone Replacement Therapy
Fertility Treatment
Surgeries
Hormone Treatment
Others

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By Application:

Hospitals
Specialty Clinics
Others

By Distribution Channel:

Hospital Pharmacy
Retail Pharmacy
Online Pharmacies
Others

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Europe Luxury Packaging Market Earnings Margins, Value Of Production & Consumption Demand Figures 2023 to 2033

The Europe luxury packaging market is a growing segment of the packaging industry that caters to high-end products, such as cosmetics, fragrance, jewelry, and watches. Luxury packaging is designed to provide an exclusive and premium experience to the customers, while also ensuring the protection and preservation of the products.

The market for luxury packaging in Europe is driven by several factors, including the increasing demand for premium and luxury products, changing consumer preferences, and the growth of the e-commerce sector. With the rise of e-commerce, luxury brands are now looking for packaging solutions that not only look beautiful but also provide excellent protection during shipping.

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One of the primary drivers of the luxury packaging market in Europe is the increasing demand for premium and luxury products. The luxury market in Europe is growing at a steady pace, with consumers willing to spend more on high-end products. As a result, luxury brands are looking for packaging solutions that match the exclusivity and premium nature of their products.

Another factor driving the growth of the luxury packaging market is changing consumer preferences. Consumers are now looking for sustainable and eco-friendly packaging solutions that align with their values. As a result, luxury brands are now investing in eco-friendly packaging options, such as biodegradable and compostable materials.

In conclusion, the luxury packaging market in Europe is a growing segment of the packaging industry, driven by the increasing demand for premium and luxury products, changing consumer preferences, and the growth of the e-commerce sector. As the luxury market continues to grow, the demand for innovative and sustainable packaging solutions is expected to increase, leading to further growth of the luxury packaging market in Europe.

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Competitive Landscape

Acquisitions, partnerships, and collaborations are all likely in the Europe market for luxury packaging between 2023 and 2033. FMI also expects players’ approaches to be dynamic as regulations issues by government agencies keep changing.

For instance

In February 2023, TriMas Packaging announced that it had completed the acquisition of Aarts Packaging, a specialty packaging company based in the Netherlands.
In January 2023, Mainetti Group announced the acquisition of Belgium-based Centurybox Group in a bid to enhance sustainability in luxury packaging.

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Key Players:

DS Smith plc
Crown Holdings, Inc.
Stoelzle Glass Group
Aptar Group, Inc.
International Paper Company
WestRock Company
Ardagh Group S.A.
Owens-Illinois, Inc.
Robinson plc
Swiss Packaging LLC

Europe Luxury Packaging Market by Category

By Material:

Paper & Paperboard
Plastic
Wood
Glass
Metal
Fabric

By Packaging Format:

Bags
Pouches
Boxes & Cartons
Bottles

By End-Use:

Premium Food
Beverages
Home & Personal Care
Consumer Electronics
Fashion Accessories & Apparels

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ID Card Printers Market Earnings Margins, Value Of Production & Consumption Demand Figures 2023 to 2033

The global ID card printers market size is expected to grow from US$ 116.9 Mn in 2023 to US$ 176.4 Mn by 2033. Overall demand for automatic printers is anticipated to rise at 4.2% CAGR between 2023 and 2033.

Growing application of ID card printers across industrial, banking, educational institutions, healthcare, and banking sectors along with increasing demand for unique ID cards and continuous advancements in card printing technology is a key factor driving the global market forward.

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Manufacturers in the ID card printers industry are making investments in technologies that allow machines to have plug-and-play drivers. Additionally, a number of startups are entering the ID printing sector, which is promoting market expansion.

Machines that are lightweight, low-profile, and compact are being developed by manufacturers. Since consumers in these industries are increasing the demand for printers that can be placed in office cabinets, they are opening up new business opportunities in the corporate, educational, and healthcare sectors.

Users favor cutting-edge technology like those with integrated notification systems and user-friendly software. Numerous printers provide drag-and-drop layouts for customizing predefined templates. Manufacturers are including warranties in their products to increase sales. They are unlocking growth opportunities using intuitive software features in compact printers.

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Key Takeaways from ID Card Printers Market

Based on product, the double-sided card printers segment is projected to expand 1.5 times the current market value during 2023-2033.
By technology, direct-to-card/dye sublimation technology segment is projected to register a CAGR of 4.4% during the forecast period.
Based on end user, government institutions and educational institutions segments collectively are estimated to hold around 61% of the market value share by the end of 2023.
Currently, the U.S. holds around 75% share of the North America ID card printers market.
China’s ID card printers market is projected to grow 1.7 times the current market value during the forecast period
Top 5 companies held around 20-25% of the global ID card printers market in 2022.

“One can save time and money by using a direct-to-card printer that can create edge-to-edge color & complete cards in one printing procedure. Manufacturers are improving their quality by utilizing new technologies to suit consumer expectations to provide customers with trustworthy and flexible printing solutions” – Says an FMI analyst.

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Government Institutions Creating a Lucrative Demand for the ID Card Printers

Government institutions as end users create a huge demand for ID card printers because they need to produce secure, high-quality ID cards for their employees and citizens. ID cards are used for a variety of purposes, such as access control, time and attendance tracking, and secure identification for government services.

By investing in high-quality ID card printers, government institutions can produce reliable and secure ID cards for their employees and citizens. Governments are aiming to issue unique identification cards and unique identification numbers to their citizens. In providing high-security ID cards, the resolution of a card is very important. An identity card should have a very high resolution so that it can be verified physically. Now the cards are available in 600 dpi, with an eco-friendly nature ID card personalization solution that includes the manufacturer’s “waste-less” lamination technology that significantly lowers card issuance costs.

Innovative waste-less lamination technology completely eliminates traditional carrier-film waste, offering a 40 percent savings in consumables costs. Overall, the issue of unique ID cards for the population by the government authority propels the demand for ID card printers.

Who is Winning?

Key players operating in the global ID card printers market are Zebra Technologies Corporation, Evolis, HP Development Company, HID Global Corporation, Entrust Corporation, Kanematsu USA Inc. (Nisca & Swiftcolour), and Canon Inc. Also, some of the other noticeable players in the market include CIM USA, Magicard NEO, Seiko Epson Corporation, IDP Corp, DASCOM Americas Corporation, Matica Technologies AG, and others.

ID Card Printers Industry by Category

By Product:

Single-sided Card Printers
Double-sided Card Printers
High-performance Card Printers
Standard Card Printers

By Technology:

Reverse transfer
Direct-to-Card/Dye sublimation
Rewritable
Encoding

By Sales Channel:

Offline
Online

By End User:

Industrial/Manufacturing
Banking
Healthcare
Government Institutions
Educational Institutions

By Region:

North America
Latin America
Europe
East Asia
South Asia

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PVC Films Market Global Briefing, Growth Analysis And Opportunities Outlook 2022 to 2032

The global PVC (Polyvinyl Chloride) films market is anticipated to reach a valuation of US$ 19.6 Bn by 2032, with sales growing at a stagnant CAGR of 2.9% from 2022 to 2032. The target market is likely to reach an estimated value of US$ 14.7 Bn by the end of 2022. Increasing demand for strong and durable flexible packaging solutions across diverse industries will augment the global sales of the PVC films market. The target market is predicted to grow 1.3 times its current size and generate an opportunity of US$ 4.9 Bn during the forecast period.

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PVC films are thin thermoplastic films that are strong, durable, affordable, and versatile. These films are available in various forms & finishes. PVC films have good dimensional stability and weather-resistant properties which contribute to the rising popularity of the material. With the emergence of the latest PVC films that address sustainability concerns, the demand for PVC films is expected to escalate in the next few years.

These advanced PVC films are recyclable and contribute to the sustainability footprint. Again, the superior barrier properties of PVC films make them a popular choice across various end-use industries. These films further assist in maintaining the quality and freshness of a given product for a prolonged period. This aspect helps PVC films retain their heightened demand in the food & beverage sector.

Owing to their strong intermolecular interactions, PVC films are available in rigid and flexible formats. This increases their range of applications, raising their demand and contributing to the overall market growth. PVC films are also resistant to abrasion, shock, chemical, and harsh environmental temperatures which appeals to a large portion of end-users. Other factors like the rising need to protect products from external factors, the advancing plastic industry, and the increasing adoption of flexible packaging, particularly in industries like food, beverage, healthcare, home-care, and personal care, facilitate the growth of the PVC films packaging market during the forecast period.

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“Heightened demand for smaller portion packs for food and other items is expected to supplement the global growth of the PVC films market over the forecast period,” says an FMI analyst.

Key Takeaways:

The PVC films market in India will grow at a CAGR of 5.8%, reaching US$ 805 Mn by 2032.
The U.S.A’s PVC films market is predicted to grow 1.4 times its current value.
By packaging level, the secondary packaging segment will hold over 54% of the market share by the end of 2032.
On the basis of end-use, the food segment will create an opportunity of US$ 2.6 Bn during 2022-2032.

Competitive Landscape

Berry Global Group, Plastatech, Achilles USA, NanYa Plastics Corporation USA, Grafix Plastics, Adams Plastics, Caprihans India Limited, Plastic Film Corporation, Walton Plastics, Tekra, LLC, Jindal Chemical, Avery Dennison Corporation, AVI Global Plast, MYPLAST s.r.o, Ergis Sp. z o.o., Riflex Film AB, Dekofilm Group, Alfatherm, Mondorevive Spa, and Fortune Industries Group Holdings among others are some of the major players in the PVC films market profiled in the full version of the report.

Leading market players are concentrating on increasing their product portfolio to strengthen their market presence. These businesses are keen on expanding their production facilities to meet the escalating demand.

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Competitive Landscape

The key players operating in the PVC films market are trying to focus on expanding their presence, product portfolio, and capabilities to meet the growing demand for flexible packaging solutions.

In May, Berry Global Group announced its expansion in South Asia by establishing a new facility which will help the company to extend its Research and Development innovation expertise and scale up production to support growing demand.
In April 2022, Avery Dennison Corporation announced its expansion in India by establishing a state-of-art manufacturing facility to cater to the demand along with optimizing the new technology and leveraging the improved efficiencies.

Key Players:

Berry Global Group
Plastatech
Achilles USA
NanYa Plastics Corporation USA
Grafix Plastics
Adams Plastics
Caprihans India Limited
Plastic Film Corporation
Walton Plastics

PVC Films Market by Category

By Packaging Level, PVC Films Market is Segmented as:

Primary Packaging
Secondary Packaging
Tertiary Packaging

By Product Type, PVC Films Market is Segmented as:

Pouches
Bags & Sacks
Tubes
Liners
Sachets & Stick Packs
Tapes & Labels
Wraps/Rolls

By End Use, PVC Films Market is Segmented as:

Food
Beverages
Homecare
Personal Care
Healthcare
Electrical & Electronics
Other Consumer Goods

By Region, PVC Films Market is Segmented as:

North America
Latin America
Europe
South Asia
East Asia

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High Density Polyethylene (HDPE) Bottles Market Future Opportunities, Revenue Growth, Pricing And Profitability 2022 to 2032

During the projection period from 2022 to 2032, the high-density polyethylene (HDPE) bottles market is anticipated to develop at a static CAGR of about 3.4%. The global market is anticipated to reach a predicted share of US$ 73390.9 million by 2032 and US$ 52533.5 million in 2022.

The development of panel-less technology has been very advantageous. In addition to resolving a number of problems, the panel-less technique also makes it possible to shape sidewalls into bottles, which helps them endure high temperatures. This enables the producers to attain the functionality, appearance, and feel of glass.

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High-density polyethylene (HDPE) bottles are gaining traction over the projection period owing to the rise in popularity for myriad reasons. Manufacturers are paying more heed to the pivotal trend of customized bottles which is expected to have an immense benefit over the market. It helps end-users by designing and developing customized bottles that efficiently meet the customer’s specific needs and requirements. In addition to that, it is further helpful to develop not only a custom-tailored bottle but also a supply program that optimizes packaging requirements through their supply chain.

According to recent research, the blow-molding form segment was considered the largest in 2015. This specific type of HDPE bottle is extremely desirable and offers excellent properties including temperature resistance and tensile strength, which are anticipated to expand their applications to diverse aspects. Besides food and beverages, blow-molding HDPE bottles are extensively used in lubricant packaging and pharmaceutical bottles.

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Key market players working on installing sprayers and dispensers, comprising 300 microliters dosage in HDPE “Airless” Packaging or Bottles. By making these bottles available in different volumes including50 ml, 100 ml, 200 ml, etc., these bottles come to be ideal for cosmetic products like creams and perfumes.

Key Takeaways

The high-density polyethylene (HDPE) bottle market continues to surge owing to the increasing demand for eco-friendly packaging and the expanding use of high-density polyethylene (HDPE) bottles in the domestic sector. Attributing to the easy recycling ability of HDPE plastic, this assists in eliminating the non-biodegradable waste from landfills, and the market for high-density polyethylene (HDPE) bottles are expected to grow significantly in the future.
Unlike various other materials, high-density polyethylene (HDPE) is extremely resistant to mildew, mold, and rot, which makes it the most suitable material for the production of bottles. Furthermore, HDPE bottles are efficiently sterilized by boiling so that they become the perfect material for storing food and beverage products. Accounting for these properties, high-density polyethylene (HDPE) bottles are expected to increase in demand.

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Competitive Landscape

Key market players in the industry are benefitting from joint ventures in order to pool resources and reach a wider customer base by increasing awareness regarding the virtues of the concerned product. HDPE bottles are anticipated to be sold at an affordable price point to reach a global audience. Furthermore, a large chunk of the population seems to be traveling long distances for work, they require sturdy bottles. Hence, manufacturers are developing HDPE bottles that are super lightweight.

More Insights into the High-Density Polyethylene (HDPE) Bottles Market

North America is expected to dominate the global high-density polyethylene (HDPE) bottles market by accounting for around 27% of the overall market share. North America dominates the global market attributing to the stringent regulations and norms in using a particular grade of plastic bottles.

A substantial proportion of HDPE bottles has gained traction due to their chemical composition. Europe is the second leading market after the United States accounting for around 23% of the global market. According to the reports of the Bottled Water Organization, the region prefers plastic containers for its drinking water.

The growing demand for healthier food alternatives is also being met by fresh milk, considered more nutritious and beneficial than shelf-stable milk. Moreover, the fast-paced lifestyle encourages the region’s working class to consume packaged drinks on the go. In the European region, many manufacturers of ready-to-drink beverages are using recycled HDPE bottles.

Key Segments Profiled in the High Density Polyethylene (HDPE) Bottles Survey

By End Users:

Domestic Use
Chemical Industries
Cosmetic Industries
Pharmaceutical Industries

By Sales Channel:

By Region:

North America
Latin America
The Asia Pacific
MEA
- Europe

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Duplex Paper and Board Market Size, Share, Application With Growth & Business Ways Forecast To 2032

Duplex paper and board are two-sided coated paper and board products that are used in a wide range of applications, such as packaging, printing, and publishing. They are known for their excellent printing quality, smooth surface, and high strength, making them ideal for applications that require high-quality printing and good folding properties.

The duplex paper and board market is a growing segment of the paper and packaging industry, driven by the increasing demand for sustainable and eco-friendly packaging solutions, as well as the growing e-commerce sector.

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One of the primary drivers of the duplex paper and board market is the increasing demand for sustainable and eco-friendly packaging solutions. Duplex paper and board are made from recycled fibers, which makes them an eco-friendly alternative to traditional paper and board products. Additionally, they are lightweight, which reduces transportation costs and carbon footprint.

Another factor driving the growth of the duplex paper and board market is the growing e-commerce sector. With the rise of online shopping, the demand for packaging materials that can provide safe and secure delivery of products has increased significantly. Duplex paper and board products are ideal for this application, as they offer excellent strength and durability, which helps protect products during shipping.

The printing and publishing industries are also major consumers of duplex paper and board products. Duplex paper and board offer excellent printing quality and are ideal for applications that require high-quality printing, such as magazines, brochures, and packaging materials.

In conclusion, the duplex paper and board market is a growing segment of the paper and packaging industry, driven by the increasing demand for sustainable and eco-friendly packaging solutions, as well as the growing e-commerce sector. As the demand for eco-friendly and sustainable packaging solutions continues to increase, the duplex paper and board market is expected to experience significant growth in the coming years.

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Market Competition

Kimberly-Clark Corp., Stora Enso Oyj, International Paper Company, The West Coast Paper Mills Ltd. (SKG), Mangum Ventures Ltd., El-Salam Paper Mills, Sappi Ltd, Emami Paper Mills Ltd., Millennium Overseas., Hangzhou Gerson Paper Co. Ltd., JK Paper Ltd., Balakrishna Paper Mills Ltd., Monit Paper and Chemicals Pvt. Ltd., Asia Pulp and Paper, Nippon Paper Industries, Murli Industries, Venkraft Paper Mills Pvt. Ltd. and Qiongdao Sanshi Paper Co. Ltd. some Duplex Paper and Board manufacturers.

Recent Developments In The Duplex Paper And Board Market

In June 2022, Huggies® and Meijer are teaming up again this year to help NICU (Neonatal Intensive Care Unit) families through Hand to Hold®, a nationwide non-profit organisation that offers NICU parents with tailored care through early intervention mental health assistance in both English and Spanish.
In October 2019, HP Indigo and Sappi Europe collaborated on an agreement. In this cooperation, HP Indigo will deploy its digital printing capabilities on Sappi Europe’s biodegradable duplex paper and board for personalization based on consumer demands.

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Key Players:

Kimberly-Clark Corp.
Stora Enso Oyj
International Paper Company
The West Coast Paper Mills Ltd. (SKG)
Mangum Ventures Ltd.
El-Salam Paper Mills
Sappi Ltd
Emami Paper Mills Ltd.

Key Segments Profiled In The Duplex Paper And Board Industry Survey

Duplex Paper and Board Market by Type:

Duplex Paper
- High-weight coated
- Light-weight coated
Board
- White Board
- Kraft Board

Duplex Paper and Board Market by Thickness:

Up to 200 gsm
201-300 gsm
301-400 gsm
Above 400 gsm

Duplex Paper and Board Market by End Use Industry:

Healthcare & Pharmaceuticals
Chemicals
Food & Beverages
Homecare
Personal care & Cosmetics
Others

Duplex Paper and Board Market by Region:

North America Duplex Paper and Board Market
Latin America Duplex Paper and Board Market
Europe Duplex Paper and Board Market
Asia Pacific Duplex Paper and Board Market
Middle East & Africa Duplex Paper and Board Market

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