Medical Devices Secondary Packaging Market is Expected to Reach a High Valuation of USD 20,914 Million by 2033 | FMI

The global medical device secondary packaging market is expected to be worth USD 12,409.8 million in 2023, rising to USD 20,914 million by 2033. The adoption of medical device secondary packaging is expected to surge at a stable CAGR of 6.1% over the forecast period.

The medical device secondary packaging market is experiencing significant growth driven by several key factors. The increasing aging population and the associated rise in chronic diseases are driving the demand for medical devices such as pacemakers, stents, and artificial joints, leading to an increased need for proper packaging to ensure the safety and integrity of these devices.

Advancements in medical technology have also led to the development of new medical devices, requiring manufacturers to invest in packaging solutions to protect them during transportation and storage.

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In addition, the growing demand for minimally invasive surgical procedures is driving the need for smaller medical devices and appropriate packaging solutions to ensure safe delivery to the surgical site. Stringent regulations for medical device secondary packaging are also playing a key role in driving demand as governments around the world implement standards to protect the safety and integrity of the devices.

Furthermore, rising awareness about the importance of proper packaging in extending the shelf life of medical devices is also driving demand.

While the adoption of medical device secondary packaging is expected to experience significant growth, manufacturers are also facing several challenges. One of the prominent challenges is meeting stringent regulations and compliance requirements to ensure the safety and integrity of medical devices. Another challenge is ensuring the compatibility of packaging materials with medical devices to avoid any damage. Managing costs while maintaining high standards of quality is also a significant challenge for manufacturers as they strive to produce packaging solutions at a competitive price while meeting industry standards.

Key Takeaways from the Medical Device Secondary Packaging Market:

  • The paper and paperboard market is predicted to account for USD 14,293.2 million by 2032 and to grow at a 5.5% CAGR throughout the projection period.
  • During the projection period, the plastic segment is expected to offer a growth potential of USD 6,620.8 million. In 2022, the boxes sector accounted for about 30% of the market. This category is also predicted to rise at a healthy 5.5% CAGR throughout the projection period.
  • Folding cartons are expected to represent an incremental potential of USD 1.9 billion over the projection period and to account for more than 21% of the market by 2032.
  • During the projection period, the medical device secondary packaging sector in the United States is expected to exceed USD 5,067.6 million.
  • This German market is predicted to provide a startling additional opportunity of USD 1,030.4 million, making it an appealing location for both investors and producers.
  • By 2032, China’s medical device secondary packaging industry is expected to be worth USD 1,270.1 million.

Who is Winning?

Product innovation, market expansion into new markets, strategic alliances and collaborations, and acquisitions are common growth tactics employed by the industry’s leading players. Startups in the market are developing innovative technologies to efficiently label medical devices.

Packaging companies may save validation time and eventually create smaller batch sizes that comply with customer specifications by applying the same processes for identical medical devices with a few minor adjustments. The use of NFC and RFID tags in packaging materials is expected to be promoted by counterfeiting, which is a serious problem with medical supplies.

Key Players in the market are

  • Sonoco Products Company
  • Smurfit Kappa
  • Berry Global Group, Inc.
  • Constantia Flexibles Group GmbH
  • UFP Technologies
  • Placon Incorporated
  • Steripack Group
  • Nelipak Group
  • Stora Enso Oyj
  • Winpak Ltd
  • Graphic Packaging International, LLC
  • Atlantic Packaging
  • Pro-tech Design & Manufacturing Inc.
  • Scan Modul B.V.
  • Körber AG
  • The BoxMaker

Recent Developments in the Market:

  • Ashfield, a subsidiary of UDG Healthcare plc, announced the development of three business divisions in January 2021 to expand and diversify its healthcare capabilities.
  • In April 2021, Amcor presented its most recent invention, the New AmSkyTM blister system. This innovation has the potential to revolutionize medical packaging sustainability.
  • In April 2020, Amcor’s ULTRA pouches were certified for steam sterilization at 134°C and vaporized hydrogen peroxide treatment. As a result, the pouches may be used to sterilize reusable medical equipment.

Medical Devices Secondary Packaging Market by Category

By Material:

  • Paper and Paperboard
  • Plastics

By Packaging Format:

  • Boxes
  • Folding Cartons
  • Bags and Pouch
  • Trays
  • Inserts and Dividers
  • Wrapping Films

By End Use:

  • Surgical
  • Therapeutic
  • Diagnostic

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia and the 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 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Pharmaceutical Secondary Packaging Market Set to Reach USD 72,010 Million by 2033, Driven by Rising Demand for Safety and Compliance

The global pharmaceutical secondary packaging market is poised for substantial growth, with its valuation projected to rise from USD 41.95 billion in 2023 to USD 72.01 billion by 2033. This impressive expansion is underpinned by a robust compound annual growth rate (CAGR) of 6.2% over the forecast period, reflecting the increasing demand for innovative packaging solutions that prioritize safety, security, and patient compliance.

The pharmaceutical industry’s shift towards advanced secondary packaging is fueled by the need to ensure drug integrity and improve medication adherence.

Pharmaceutical Secondary Packaging Market refers to the industry segment focused on the packaging solutions that are not directly in contact with the pharmaceutical product but play a critical role in protecting, storing, and transporting it. Secondary packaging is designed to group individual primary packages (e.g., bottles, blisters, or vials) together and provide branding, additional information, and logistical convenience.

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Key Trends Driving The Market Include:

  1. Surge in Unit Dose Packaging

The adoption of unit dose packaging is accelerating, offering precise dosage delivery and minimizing the risk of medication errors. Pharmaceutical secondary packaging plays a pivotal role in supporting these solutions, making them indispensable for enhancing patient safety and convenience.

  1. Enhanced Focus on Safety and Traceability

As concerns around drug contamination and tampering grow, secondary packaging solutions with advanced safety features, such as tamper-evident seals and protective layers, are in high demand. Additionally, the integration of e-pedigree systems enables end-to-end traceability, ensuring compliance with stringent regulatory requirements and bolstering supply chain security.

Driving Innovation and Growth

This dynamic market presents significant opportunities for stakeholders, including manufacturers, pharmaceutical companies, and technology providers, to innovate and deliver solutions that meet evolving industry needs. From sustainable packaging materials to digital tracking systems, the sector is ripe for advancements that enhance both functionality and environmental responsibility.

Key Takeaways: Pharmaceutical Secondary Packaging Market

  • The pharmaceutical secondary packaging industry was valued at USD 28,000 million from 2017 to 2022, growing at a CAGR of 5.8%.
  • United States: Expected to surpass USD 14,878.6 million during the forecast period.
  • Germany is projected to hold 15.3% of Europe’s pharmaceutical secondary packaging market throughout the forecast period.
  • China’s pharmaceutical secondary packaging market is expected to expand by 2.1x during the forecast period.
  • Paper and paperboard segment will offer an incremental opportunity of USD 21.9 billion by 2033.
  • The folding cartons segment is currently the leader with 25.1% market share.
  • The pharma/biological drugs segment holds the largest market share, estimated at 53.4% by 2033.

Competitive Landscape

Because of the numerous competitors present worldwide, the global industry is competitive. Furthermore, significant firms are improving their market positions, primarily through acquisitions, which is fueling competition. Important enterprises compete directly for contracts from large pharmaceutical makers.

Players are focusing on providing value-added services to attract more clients. Spray painting, UV coating, and metallization are the most common procedures used by package producers to color packing containers. In addition, pharmaceutical secondary packaging makers commonly use labeling and a number of covert and overt anti-counterfeit packaging measures, such as barcodes, holograms, sealing tapes, and radio frequency-identifying devices.

Recent Developments in the Pharmaceutical Secondary Packaging Industry

  • Berry Global Group and Raw Elements USA agreed to launch a sustainable sugarcane tube in January 2022.
  • The tubes are made from discarded sugarcane, which is converted into HDPE and LDPE, producing a substance with the same chemical composition as polyethylene obtained from fossil fuels.
  • Gerresheimer AG and Stevanato Group have established a partnership to develop a new ready-to-use solution platform based on the EZ-fill® pre-sterilized platform in July 2022.
  • Amcor PLC introduced the ACT2100 heat seal coating in June 2021 for use with medical-grade DuPont Tyvek2 and paper packaging. This cutting-edge coating method enhances performance qualities for medical applications.

Some of the leading players in the market are

  • Amcor Plc
  • Berry Global, Inc.
  • WestRock Company
  • Becton, Dickinson, and Company
  • Stora Enso Manu
  • Sonoco Products Company
  • DS Smith Plc
  • Graphic Packaging International, LLC
  • Mondi Group

Pharmaceutical Secondary Packaging Market by Category

By Application:

  • Pharma/ Biological Drug
  • Veterinary Medicines
  • Vaccine

By Material:

  • Paper and Paperboard
  • Plastics

By Packaging Format:

  • Boxes
  • Folding Cartons
  • Blisters
  • Bags and Pouch
  • Trays
  • Inserts and Dividers
  • Wrapping Films

By End-use:

  • Ophthalmic
  • Injectable
  • Biologics
  • Wound Care
  • Respiratory
  • Therapy
  • Oral

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Europe’s Temperature Controlled Packaging Solution Market to Reach USD 6.9 Billion by 2033 at a 7.3% CAGR | FMI

According to Future Market Insights’ latest report, Europe temperature controlled packaging solutions market is forecast to be valued at USD 3.9 billion in 2023. Total sales of temperature-controlled packaging solutions across Europe are slated to increase at 7.3% CAGR between 2023 and 2032, taking the market valuation to USD 6.9 billion by 2033.

Increasing export of temperature-sensitive products such as food & beverages and pharmaceuticals and rising demand for efficient packaging solutions for transporting perishable food products are key factors driving Europe’s temperature controlled packaging solutions industry.

Temperature-controlled packaging solutions Shipping of temperature-sensitive products requires protection from undesired weather and other unpredictable factors all while ensuring a constant temperature range. For this purpose, companies across European countries employ temperature-controlled packaging solutions.

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The supply chain of pharmaceuticals is complex and requires various minute details to be addressed at the time of transportation and delivery. Pharmaceutical products require different temperature ranges during storage and transportation. Growing demand for various medicines along with an increasing focus on protecting the integrity of temperature-sensitive pharmaceuticals during transportation and shipping is expected to boost Europe’s temperature controlled packaging solutions market during the forecast period.

Demand for frozen food is growing rapidly across the world, with Europe accounting for around 40% share of the market. Insulated shipping containers are mainly used for exports and imports of frozen foods products in bulk quantities across European countries. Hence, rising consumption and export of frozen foods

will continue to fuel temperature controlled packaging solution sales across Europe over the next ten years.

Similarly, the growing popularity of rented temperature controlled packaging solutions is positively influencing market expansion. Several pharma and food businesses opt for renting or leasing temperature controlled containers and shippers as per their requirements. This will create lucrative opportunities for temperature controlled packaging solution manufacturers.

Key Takeaways from Europe Temperature Controlled Packaging Solutions Market

  • Europe’s temperature controlled packaging solutions market is forecast to expand at 7.3% CAGR between 2023 and 2033.
  • By system type, the passive segment holds a significant share of the Europe temperature controlled packaging solutions market.
  • Based on product type, insulated containers segment remains the most remunerative category in the market.
  • By end use, food, beverages, and pharmaceutical segments collectively hold a prominent share of the Europe temperature controlled packaging solutions industry.
  • Germany is anticipated to account for about 21.8% share of the Europe market by the end of 2033.
  • France holds around 16.8% share of Europe’s temperature controlled packaging solutions industry.

“Temperature-controlled packaging solutions are gaining enormous market acceptance across Europe since these shippers and containers are designed according to the logistical and regulatory constraints persisting to the transportation of perishable products via cold chain and guarantee a constant temperature irrespective of the transit mode, route or condition,” says an FMI analyst

Who is Winning?

Sonoco Products Company, OLIVO Cold Logistics, Snyder Industries Inc., Pelican BioThermal LLC, and GEBHARDT Logistic Solutions GmbH are leading players in the market

These companies are developing new innovative temperature-controlled packaging solutions as well as introducing rental programs to provide temperature-controlled packaging solutions at a lower cost as compared to their competitors.

Europe Temperature Controlled Packaging Solutions Industry by Category

By System Type:

  • Active
  • Passive

By Product Type:

  • Insulated Shippers
  • Insulated Containers
  • Others (Mailers, Gel Packs, etc.)

By Application:

  • Frozen
  • Chilled
  • Ambient

By End Use:

  • Food
  • Beverages
  • Pharmaceutical
  • Cosmetics & Personal Care
  • Chemicals

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Food Waste Products Market on Track to Hit USD 85.9 Billion by 2033 with 5% Annual Growth

Products from Food Waste Market

The products from the food waste market are revolutionizing the way we think about waste and sustainability. As the world grapples with the pressing issue of food waste, innovative companies are finding creative ways to transform discarded food into valuable products. These products not only reduce waste but also contribute to a more circular economy.

The Food Waste Product market has become a significant area of focus in recent years as sustainability and circular economy principles gain more traction. Products derived from Food Waste Product are increasingly being developed to reduce environmental impacts and improve resource efficiency. These products span a wide range of sectors, from packaging solutions to food ingredients. For instance, Food Waste Product like fruit and vegetable peels can be transformed into bioplastics, which serve as eco-friendly alternatives to conventional plastic. Similarly, wasted grains and cereals are being repurposed into flours, snacks, and beverages, adding value to what would otherwise be discarded.

Another growing area within the Food Waste Product market is the creation of functional food products, such as protein powders or fiber supplements, made from food byproducts. Companies are also utilizing surplus or discarded food to produce animal feed, which helps reduce the overall demand for raw agricultural inputs. Additionally, some innovative brands are turning Food Waste Product into energy, using technologies like anaerobic digestion to convert organic waste into biogas. Overall, the Food Waste Product market represents an exciting opportunity for businesses to not only address sustainability challenges but also tap into emerging markets driven by consumer demand for eco-conscious solutions.

In 2023, the global products from the food waste market are estimated to be worth USD 55,120 million. Food waste product sales are projected to expand at a 5% CAGR to USD 85,905.0 million by 2033.

The products from food waste industry are gaining significant traction due to the increasing demand for sustainable solutions for food waste management. The drivers for this market include the implementation of strict regulations regarding food waste disposal and growing awareness about the environmental impact of food waste. In addition, the development of new technologies and processes for food waste management, such as InSinkErator food waste disposers and food waste processors, is also driving the growth of this market.

The market for products from food waste industry also faces some restraints such as the high cost of installation and maintenance of food waste management systems, lack of awareness about the benefits of food waste management, and the unavailability of proper infrastructure in some regions. Moreover, the low profitability of food waste management and disposal services is also hampering the growth of this market.

Opportunities for the products from food waste industry include the development of innovative technologies and processes for food waste management and the increasing demand for value-added products derived from food waste such as meat waste disposals, carysil food waste disposers, and other food waste products. In addition, the increasing demand for organic fertilizers and biofuels is also creating new opportunities for the growth of this market.

One of the emerging trends in the products from food waste industry is the use of technology to improve food waste management processes. Smart waste management systems are being developed that use sensors, data analytics, and artificial intelligence to optimize the food waste management process. In addition, the development of blockchain technology for food waste management is also gaining traction as it provides transparency and traceability in the food waste management process. These trends are expected to create new growth opportunities for the products from food waste industry in the coming years.

Key Takeaways from the Products from the Food Waste Market:

  • In 2022, the United States is anticipated to have a notable share in products from food waste, accounting for 8% of the global market.
  • Germany is predicted to dominate the Europe market for products from food waste, with a CAGR of 4.3% during the forecast period.
  • The products from food waste industry in India are predicted to thrive at a significant CAGR of 15.3% during the forecast period.
  • With a CAGR of 7.4% over the forecast period, China is likely to be a prominent contributor to the growth of the products from food waste industry.
  • Citrus fruits are predicted to dominate the products from food waste industry by source in 2023, accounting for around 35% of the total share.
  • The food processing segment is predicted to dominate the products from food waste industry in 2023, accounting for around 40% of the market share.

How Players are Capitalizing on Innovative Technologies in Products from the Food Waste Industry?

The products from food waste industry are significantly growing and becoming increasingly competitive. With an increasing trend towards sustainability and reducing food waste, many companies are exploring ways to repurpose food waste into value-added products.

Leading players in the industry are Insinkerator, Emerson Electric Co., and Waste Management, Inc. are investing in new technologies and innovations to improve food waste processing and management. Insinkerator, for example, offers a range of food waste disposers and processors that can grind and process food waste into fine particles, while Waste Management provides a range of services to businesses and consumers to help manage and reduce food waste.

In addition to established players, many startups and small-scale companies are also entering the market, bringing them unique and innovative solutions. Carysil, for example, offers a range of food waste disposers that are compact and efficient, while TerraCycle provides a range of services to help businesses and individuals recycle their food waste.

The industry is also seeing a rise in collaborations and partnerships between companies to improve sustainability and efficiency in food waste management. For example, in 2021, PepsiCo partnered with Danimer Scientific to develop biodegradable food packaging made from plant-based materials.

Access the full report for detailed market trends. https://www.futuremarketinsights.com/reports/products-from-food-waste-market

Products from Food Waste Market Taxonomy

By Source:

  • Mangoes
  • Apples
  • Grapes
  • Citrus Fruits
  • Carrots
  • Beetroot
  • Berries
  • Others

By End User:

  • Food Processing
  • Beverage Processing
  • Cosmetics & Personal Care
  • Dietary Supplements & Nutraceuticals
  • Animal Feed
  • Others

Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Europe Barrier-Coated Paper Market to be Worth USD 4,401 Million by 2033: Future Market Insights, Inc.

The Europe barrier-coated paper industry is on a robust growth trajectory, with market valuation projected to reach USD 3,222 million in 2023 and surge to an impressive USD 4,401 million by 2033. The sector is expected to exhibit steady growth, achieving a compound annual growth rate (CAGR) of 3.2% during the assessment period.

This promising growth is attributed to rising demand for sustainable and environmentally friendly packaging solutions, particularly across industries like food and beverages, cosmetics, and healthcare. Barrier-coated papers offer effective protection against moisture, grease, and gases while supporting eco-conscious initiatives through recyclability and biodegradability.

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Several factors are expected to drive the growth of the Europe barrier-coated paper industry during the assessment period. These include:

  • Rising interest in eco-friendly packaging: The need for eco-friendly packaging solutions like barrier-coated papers is expected to rise significantly across Europe. This is due to growing environmental concerns regarding increasing plastic pollution and the implementation of stringent regulations. To gain from this trend, top players will look to use biomaterials as well as bio-based coatings.
  • Growing demand for flexible packaging: Rising demand for flexible packaging solutions, especially from the food & beverage industry, is expected to bolster sales of barrier-coated papers. The flexibility, recyclability, low cost, and lightweight barrier-coated papers make them suitable solutions for flexible packaging.
  • Growth of the food and beverage industry: Barrier-coated papers are increasingly replacing traditional paper and plastic materials. This is due to their attractive benefits. Hence, the expansion of the food & beverage industry and the growing popularity of packaged food products will drive demand for barrier-coated papers through 2033.
  • Adoption of novel materials and coatings: Companies are investing in research and development of wax-based coatings. Biomaterials are gaining popularity among companies due to their attractive advantagesThese developments will play key roles in boosting the Europe barrier-coated industry.

Key Takeaways from Europe Barrier Coated Paper Industry

  • The barrier-coated paper industry in Europe is set to reach a valuation of USD 4,401 million in 2033.
  • Based on material, the paper segment is expected to hold a value share of 84.6% in 2033.
  • By coating type, water-based coating segment is projected to expand at a CAGR of 3.6% through 2033
  • Based on application, the packaging segment is anticipated to surge at a 3.3% CAGR through 2033.
  • Germany is set to register a CAGR of 3.4% between 2023 and 2033.
  • Sales in France are projected to grow at 3.7% through 2033.

“Growing demand for sustainable and eco-friendly packaging solutions is expected to create growth prospects for the Europe barrier-coated packaging industry. Besides this, the increasing popularity of flexible paper packaging and regulatory support for sustainable packaging will bolster sales of barrier-coated papers in Europe through 2033,” says Ismail Sutaria, Principal Consultant at Future Market Insights

Who is Winning?

  • Stora Enso Oyj
  • UPM-Kymmene Oyj
  • Ahlstrom-Munksjö Oyj
  • Nippon Paper Industries Co., Ltd.
  • BillerudKorsnas AB
  • Mitsubishi Paper Mills Limited
  • Nordic Paper AS
  • Gascogne Groupe
  • Feldmuehle GmbH
  • WestRock Company
  • MetPro Group
  • Sappi Global
  • PG Paper Company Ltd.
  • Hansol Paper Ltd.
  • Toppan Printing Co., Ltd
  • Oji Holdings Corporation
  • others

There are prominent barrier coated paper manufacturers listed in the report. The Tier 1 players hold 30% to 35% share in the Europe barrier-coated paper industry.

Top companies are focusing on using different strategies, including new product launches, mergers, partnerships, and acquisitions, to boost their sales and expand their presence. For instance,

  • In January 2021, a novel barrier coating technology for functional paper packaging was launched by Sappi.

Europe Barrier Coated Paper Industry Segmentation

By Material:

  • Paper
  • Plastic
    • PE
    • PP
    • PVDC
    • Bio-based Plastic
      • Polysaccharides
      • PLA
      • PHA
    • EVOH
    • PA
  • Wax
  • AlOx
  • SiOx

By Coating Type:

  • Water-based Coating
  • Solvent-based Coating
  • Wax Coating

By Application:

  • Packaging
    • Cups & Lids
    • Trays
    • Boxes & Cartons
    • Pouches & Sachets
    • Labels
    • Blisters & Clamshells
    • Wraps
    • Tapes
  • Printing

By End-use:

  • Food
    • Bakery
    • Confectionary
    • Snacks
    • Dairy
    • Spices & Condiments
    • Sauces
  • Beverages
  • Cosmetic & Personal Care
  • Pharmaceuticals
  • Building & Construction
  • Electrical & Electronics
  • Others (Tobacco, Agriculture)

By Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Benelux
  • Russia
  • Rest Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 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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Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Asia Pacific Sachet Packaging Market to Hit USD 8.1 Billion by 2033, Fueled by Demand for Cost-Effective Packaging Solutions

According to a new report by Future Market Insights, the sachet packaging market in Asia Pacific is set to grow significantly, reaching a valuation of USD 8.1 billion by 2033. This marks a steady rise from the USD 3.7 billion projected for 2023, driven by an impressive compound annual growth rate (CAGR) of 8.0% between 2023 and 2033.

The market’s growth is attributed to the surging demand for affordable, compact, and convenient packaging solutions across key sectors such as food & beverage, pharmaceuticals, cosmetics, and personal care. Sachet packaging is gaining popularity among consumers in the region, particularly due to shifting lifestyles and an expanding middle-class population.

Explore In-Depth Analysis—Click Here to Access the Report!

Given its low cost, adaptability, environmental friendliness, and mobility, sachet packaging is becoming immensely popular in emerging economies across Asia Pacific. This type of packaging can also extend the shelf life of food products.

As a practical answer, sachet packaging has surged to be used to sell goods such as lubricants, hair oil, coffee, sauces, creams, shampoos, medicines, detergents, and others that are sold in little quantities. Leading sachet packaging manufacturers are set to focus on organic growth tactics, including product launches and product approvals. They have put into practice a number of methods such as mergers & acquisitions, cutting-edge product creation, and collaborations, to compete against their rivals.

Key Takeaways from Asia Pacific Sachet Packaging Market

  • By application, the food segment is projected to expand 2.2x the current Asia Pacific sachet packaging market value during the forecast period.
  • The polyethylene material segment is anticipated to account for 57.0% of the Asia Pacific sachet packaging market share by 2023.
  • The Japan sachet packaging market is estimated to create an absolute dollar opportunity of USD 236.76 million during the assessment period.
  • India sachet packaging market is set to capture about 24.9% of the Asia Pacific market share by 2023.
  • South Korea sachet packaging market is likely to generate a share of 2.2% in 2023.

“High demand for sauces, condiments, salt, and sugar among restaurants, cafeterias, and fast food outlets is likely to propel sales of sachet packaging in Asia Pacific. Key players are hence striving to tie up with renowned food brands to offer their in-house products at an affordable rate,” says a lead analyst at Future Market Insights.

Sachet Packaging to Gain Momentum as Demand for Small-sized Packs Burgeons among Middle Class Population

India and China, two emerging economies, are anticipated to rule the Asia Pacific sachet packaging market throughout the forecast period. Young people make up more than half of the population in Asia and the Pacific. The region’s total population is dominated by price-sensitive middle class.

For the middle class, sachets are set to be the most suitable option as they are less likely to be able to afford large family-sized packs. Personal care and pharmaceutical sectors would dominate the market for sachet packaging in Asia Pacific. Sachets are a common packaging method in the pharmaceutical business for unit-dose powders, powder/blends, granules, and micro-tablets for pharmaceuticals, medical items, and other dietary supplements.

Competitive Landscape: Asia Pacific Sachet Packaging Market

The Asia Pacific sachet packaging market is highly competitive due to the presence of numerous local and global players. Key players operating in the Asia Pacific sachet packaging are Amcor Plc, Huhtamäki Oyj, Sealed Air Corporation, Constantia Flexibles Group GmbH, UFlex Limited, Petals Packaging Company, Printpack Inc., Paharpur 3P, Swiss Pac Pvt. Ltd., Yaxon Biocare Pvt. Ltd, Packman Industries, Color Flex, Asian Flexi Pack India Pvt Ltd, Strava Healthcare, TOPPAN PRINTING CO., LTD., Nichrome Packaging Solutions, Bliss GVS Pharma Ltd., Handoo Package Co., LTD., and TCL Packaging.

Get More Insights into Asia Pacific Sachet Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the Asia Pacific sachet packaging market, analysing historical demand from 2014 to 2022 and forecast statistics for 2023 to 2033.

The study reveals market growth projections for the sachet packaging based on the Asia Pacific sachet packaging market by pack size (1 ml to 10 ml, 11 ml to 20 ml, 21 ml to 30 ml, 30 ml & above), material (plastic, paper, aluminum foil), application (food, personal care & cosmetics, pharmaceutical, industrial), packaging machinery (vertical form fill seal, horizontal form fill seal), & countries.

Asia Pacific Sachet Packaging Market Outlook by Category

By Pack Size:

  • 1 ml to 10 ml
  • 11 ml to 20 ml
  • 21 ml to 30 ml
  • 30 ml & Above

By Material:

  • Plastic
  • Paper
  • Aluminum Foil

By Application:

  • Food
  • Personal Care & Cosmetics
  • Pharmaceutical
  • Industrial

By Packaging Machinery:

  • Vertical Form Fill Seal (VFFS)
  • Horizontal Form Fill Seal (VFFS)

By Country:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Association of Southeast Asian Nations
  • Rest of Asia Pacific

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
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Global Literary Tourism Market Set to Reach USD 3,303.7 Million by 2034, Driven by Digital Expansion and Cultural Experiences

The global literary tourism market is experiencing significant growth, with an expected market value of USD 2,387.8 million in 2024, up from USD 2,316 million in 2023. This market is poised to reach USD 3,303.7 million by 2034, driven by a CAGR of 3.3% through the next decade. A growing number of literary destinations, the rise of social media, and increased consumer interest in book pilgrimage are fueling this trend.

Literary tourism, also known as bibliotourism, allows travelers to visit places associated with iconic authors and novels, providing a deep cultural and emotional connection to literature. This growing demand for book-inspired travel is not only enriching global tourism but also shifting how destinations engage with their audiences.

Key Trends in Literary Tourism

  • Digital Influence and Social Media
    The digital era has amplified literary tourism, with platforms like Instagram, Facebook, and Twitter acting as powerful tools for promoting literary destinations. Hashtags, geotagging, and virtual events such as author readings and literary festivals are creating new ways for enthusiasts to engage with literature. Social media influencers play a vital role in increasing awareness and driving interest in literary landmarks.
  • Sustainable Tourism Practices
    As travelers become more eco-conscious, the industry is shifting towards sustainable tourism practices. Destinations are embracing green initiatives, including eco-friendly transport options and walking tours that minimize environmental impact while supporting local businesses and cultural heritage.
  • Personalized Literary Travel Experiences
    Customization is a rising trend in literary tourism. Travelers increasingly seek tailored experiences reflecting their literary passions, from private tours of iconic authors’ homes to bespoke literary festivals. Content marketing and storytelling are also central to digital strategies that attract and engage potential visitors.
  • Technological Advancements
    Virtual tours, augmented reality, and interactive museum exhibits are revolutionizing how literary destinations engage with visitors. These technologies make it easier for enthusiasts to visit landmark locations without leaving home, and they provide a rich, immersive experience for those who do travel.

Regional Insights

  • India is set to grow at a CAGR of 10.9% (2024–2034), driven by its rich literary heritage and popular festivals like the Jaipur Literature Festival.
  • China follows with a CAGR of 8.6%, capitalizing on its growing cultural tourism infrastructure.
  • Singapore is expanding its literary tourism footprint with a CAGR of 7.9%, driven by events like the Singapore Writers Festival and its ‘Literary Singapore’ tour.
  • Japan is forecast to grow at a CAGR of 7.7%, leveraging its deep cultural connections to authors and literature.
  • The United States is expected to experience slower growth with a CAGR of 2.7%, despite its iconic literary landmarks and established literary brands.

Competitive Landscape

Travel companies and major brands should partner with local authors, cultural organizations, and institutions to create one-of-a-kind, immersive experiences. By curating specialized literary tours that spotlight iconic landmarks, hosting literary festivals, and organizing workshops or readings with renowned authors, these collaborations can offer travelers enriching, culturally deep experiences.

Incorporating sustainability and responsible tourism practices into these offerings will further elevate their appeal to conscious travelers. Additionally, leveraging digital marketing strategies and collaborating with social media influencers can help promote these unique experiences, driving engagement and boosting bookings on online platforms.

Industry Update

  • On February 1, 2024, the 17th Jaipur Literature Festival began at Hotel Clarks Amer, uniting writers, readers, and intellectuals. Running until February 5, it promoted ‘literary tourism’ through diverse genres and cultures, inaugurated by Rajasthan’s Deputy Chief Minister, Diya Kumari. The event celebrated literature amidst Jaipur’s heritage.
  • On February 27, 2024, ‘Byron 200’ launched in Nottingham, celebrating 200 years since Lord Byron’s death. The city-wide programme featured exhibitions, events, and activities, involving Nottingham City Council’s Newstead Abbey, University of Nottingham, Nottingham Trent University, Nottingham City of Literature, and Visit Nottinghamshire.
  • On December 6, 2023, the Amazon Literary Partnership (ALP) announced its fifth year of providing grants to literary organizations. Last year, ALP supported 35 UK literary groups, the highest number to date, benefiting children’s writing programs and community groups promoting literacy among young people.

Leading Literary Tourism Brands

  • Intrepid
  • Explore
  • Exodus Travel
  • G Adventures
  • On The Go Tours

Get Connected with Our Expert Analyst on Email: sales@futuremarketinsights.com

Key Segments of Literary Tourism Market Report

By Type of Place:

This segment can be categorized into author-related sites, fictional-related, book-related, and festival-related types of places.

By Booking Channel:

Literary tourism market is divided into phone, online, and in-person booking channels.

By Tourist Type:

Domestic and International are two tourist types of this industry.

By Age Group:

These age groups encompass a wide range of literary tourists, from 15-25, 26-35, 36-45, 46-55, and 66-75.

By Region:

A regional analysis has been carried out in key countries of North America, Latin America, Asia Pacific, Middle East and Africa (MEA), and Europe.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 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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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Global Agritourism Market Set for Robust Growth: Projected to Reach USD 5,36,423.8 Million by 2034, Driven by Sustainability, Rural Experiences, and Eco-Tourism Trends

The global agritourism market is set to experience remarkable growth, expanding from USD 3,57,205 million in 2024 to USD 5,36,423.8 million by 2034. This surge is driven by increasing consumer demand for sustainable travel, rural experiences, and local food production. The market is forecasted to grow at a compound annual growth rate (CAGR) of 4.1% over the next decade.

As urbanization accelerates, more travelers are seeking opportunities to reconnect with nature and understand where their food originates. Agritourism has emerged as a key response to this growing trend, offering immersive experiences that benefit both visitors and rural economies. By diversifying income streams, agritourism helps rural areas thrive economically while fostering a deeper connection between people and the land.

Key Growth Drivers for the Agritourism Market

  • Consumer Interest in Authentic Rural Experiences: Urban dwellers are increasingly attracted to rural destinations where they can participate in agricultural activities such as farming, food production, and cultural festivals. Agritourism provides a unique way for people to experience the authenticity of rural life while supporting local economies.
  • Sustainability and Eco-Friendly Practices: Agritourism is at the forefront of the sustainability movement. Many agritourism operators embrace eco-friendly practices such as organic farming, renewable energy use, and conservation activities. This aligns with a growing global consciousness about environmental impact, driving interest in low-impact, sustainable travel.
  • The Role of Technology and Social Media: The digital transformation of the agritourism sector, particularly through online booking platforms and social media marketing, has expanded the reach of these experiences. Social media influencers play a pivotal role in promoting agritourism destinations, attracting a global audience.
  • Government Support and Infrastructure Investment: Many governments are increasingly investing in agritourism infrastructure, offering grants and incentives to strengthen rural tourism. These initiatives have helped increase visibility for agritourism while encouraging small-scale farmers to enter the tourism sector.
  • Rural Economic Benefits: Agritourism generates substantial economic benefits for rural communities. The sharing economy inherent in agritourism boosts local incomes by providing additional revenue streams for farmers and local businesses, such as lodging, food services, and recreational activities.

Popular Agritourism Activities

  • Overnight Stays: Overnight stays on farms have become one of the most popular agritourism activities, allowing visitors to fully immerse themselves in rural life. Staying overnight provides a deeper, more authentic experience than day trips, with activities such as milking cows, harvesting crops, and enjoying farm-to-table meals.
  • Group Travel and Educational Events: Group tours, including school groups, corporate retreats, and family reunions, are becoming increasingly popular in agritourism. These tours often incorporate educational components, such as hands-on farming experiences, food-making workshops, and tours of sustainable farms. These activities promote learning while fostering a sense of community among travelers.

Regional Insights

  • Australia: Agritourism in Australia is thriving with a projected CAGR of 6.6%, driven by sustainable travel, food and wine experiences, and government-backed initiatives in rural areas.
  • India: India is witnessing rapid agritourism growth, estimated at a 6.6% CAGR, as rural tourism networks expand and urbanites reconnect with farming traditions.
  • China: Agritourism in China is expanding at a 4.5% CAGR, fueled by increasing interest in rural culture, local food experiences, and government support for rural development.
  • Germany: Agritourism in Germany is growing at a 3.7% CAGR, with a focus on sustainable farming and eco-friendly tourism options attracting visitors seeking authentic rural experiences.
  • United States: The U.S. agritourism market is expanding steadily at a 2.5% CAGR, bolstered by a strong infrastructure for farm stays, educational tours, and sustainable agriculture practices.

Competitive Landscape

The industry is highly fragmented, with numerous small and large players spread across various regions. This fragmentation largely stems from differing technical definitions and standards in different countries. However, the sector is expected to experience greater consolidation, driven by increasing collaboration between agrotourism companies and a growing number of acquisitions and partnerships. Additionally, engaging people with soil has become an enjoyable trend, as more individuals seek relaxation and calming activities. This shift has contributed to the global growth of the agrotourism landscape.

Industry Update

  • On June 5, 2024, Ohio Wine Month showcased the economic impact of the state’s wine industry, which generated over 40,000 jobs and USD 6.6 billion annually. Christy Eckstein, Executive Director of the Ohio Grape Industries Committee, highlighted how wineries have expanded to offer diverse agritourism experiences throughout Ohio.
  • On May 28, 2024, the Uttar Pradesh government aimed to boost the rural economy and create local jobs through agri-tourism. Partnering with private hospitality players, they identified 229 agri-tourism villages to offer tourists a chance to experience village life and celebrate ethnic culture and traditions.
  • On August 18, 2023, Georgia set its sights on sustainable agritourism. Supported by FAO and the EBRD, the initiative involved training, knowledge exchanges, and promotional efforts. In 2022, events promoted agritourism in Samtskhe-Javakheti and Tusheti, focusing on local product development and lessons from successful international agritourism destinations.

Leading Agritourism Brands

  • Expedia Group
  • Domiruth PeruTravel
  • Quadrant Australia
  • Select Holidays
  • Star Destinations
  • Trump Tours
  • Farm To Farm Tours
  • Kansas Agritourism
  • A.C.T. Tours
  • AL VERNETO
  • Bay Farm Tours
  • Agriturismo France
  • AGRILYS Voyages
  • Bay Farm Tours
  • Field Farm Tours
  • Missão

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Key Segments of Agritourism Market Report

By Activities:

Overnight stay, special events and festivals, off the farm, and recreation activities and events are categorized activities in the agritourism market.

By Tour Type:

The agritourism industry is bifurcated into group and individual travelers.

By Consumer Demographics:

The segment is distributed to men, women, and kids.

By Age Group:

The sector is subdivided into 15-25, 26-36, 36-45, 46-55, and 55 years and above age groups.

By Booking Channel:

Online and offline are two booking channels included in this sector.

By Region:

A regional analysis has been carried out in key countries of North America, Latin America, Asia Pacific, Middle East and Africa (MEA), and Europe.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Gold-Infused Skin Care Market Set for Explosive Growth, Driven by Luxury and Anti-Aging Trends

The global gold-infused skin care market, valued at USD 3,412.3 million in 2022, is projected to reach USD 14,238.9 million by 2032, registering a compound annual growth rate (CAGR) of 15.4% from 2022 to 2032. This remarkable growth comes as consumers increasingly turn to gold-infused products for their anti-aging, anti-inflammatory, and antioxidant properties.

Gold has long been associated with luxury, and as a skin care ingredient, it is gaining significant traction for its ability to combat wrinkles, reduce radical damage, and soothe inflammation. The growing global demand for anti-aging and premium cosmetics, combined with increasing awareness of the benefits of gold in skin care, is driving this growth.

Drivers of Growth in the Gold-Infused Skin Care Market

The gold-infused skin care market is driven by several factors, including:

  • Rising Demand for Anti-Aging Solutions: As consumers increasingly prioritize age-defying and rejuvenating products, gold’s anti-inflammatory and antioxidant properties make it a key ingredient in high-end beauty formulations.
  • Luxury Beauty Trends: The market for luxury skin care is expanding, with more consumers seeking premium and effective solutions that incorporate rare ingredients like gold.
  • Increasing Urbanization and Changing Lifestyles: Urbanization and a growing focus on personal well-being, combined with higher disposable incomes, are driving the demand for luxury skin care products, including gold-infused formulas.
  • Gold’s Unique Benefits: Gold is known for its anti-inflammatory properties, which make it effective in treating skin conditions like acne and arthritis. Its ability to reduce wrinkles, prevent radical damage, and combat inflammation adds to its appeal in cosmetics.

Regional Insights

  • North America: North America is expected to hold a 22% market share in 2022, driven by strong consumer interest in high-quality anti-aging solutions, particularly among women. The competitive nature of the U.S. beauty industry and growing consumer preference for luxury skin care products further supports this growth.
  • Europe: Europe continues to be a dominant player, expected to account for 27% of the market share in 2022. The European market is benefiting from a growing trend of exclusive product launches and an increasing consumer interest in skin care. Gold-infused products are gaining popularity in premium skin care lines, especially in serums, foundations, and eye creams.
  • Asia-Pacific: The Asia-Pacific region is poised for growth, accounting for 20% of the market share in 2022. The expansion of the retail industry in countries such as India, China, and Australia, combined with the rise of e-commerce platforms, is driving demand for gold-infused skin care products. However, the penetration of these products remains relatively low compared to other regions.

Competitive Landscape

Key players in the gold-infused skin care market are La Prairie, Amala, Tatcha, Cle de Peau, Merle Norman, The A Method, Chantecallie, Physicians Formula, Keys Soulcare, Peter Thomas Roth, Knesko Skin and 111Skin

  • Merle Norman, a key player in the gold-infused skin care market offers 24K foundation primer. The formula used in the primer offers a good canvas for makeup.
  • La Prairie is a prominent figure in the gold-infused skin care landscape. Its pure gold cosmetics collection helps enhance radiance in the skin on a long-term basis. Its product offerings include Pure Gold Radiance Eye Cream; Pure Gold Radiance Eye Cream Replenishment and Pure Gold Radiance Cream among others.

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Key Segments Profiled In The Gold Infused Skin Care Industry Survey

By Product:

  • Products
  • Products
  • Oils
  • Creams
  • Serums
  • Cleansers
  • Eye Care Products
  • Body Care Products
  • Hair Care Products
  • Make-up Cosmetics

By Distribution Channel:

  • Products Sales via Hypermarkets/Supermarkets
  • Products Sales via Specialty stores
  • Products Sales via Brand Outlets
  • Direct Sales of Products
  • Products Sales via E-Commerce

By Gender:

  • Products for Men
  • Products for Women

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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